LONG TERM BITCOIN BEAR MARKET?!
7 years ago in #trevonjb by trevonjb (74)
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I don't think there's a long term btc bear market coming. $3900/4000 is a major support level. Even if it does go below that, I think most likely it will still hold up at the $3000 level. I do believe that this sideways consolidation will just lead to higher levels later on.
nice bear, guess he finished his breakfast salmon, nom
Long term bear market? Bah ha ha ha don't make me laugh. This is another Chinese takedown so they can load up on cheap coins.
The big three exchanges are running smoothly and haven't even had any official interaction. Further, there is NO newz regarding specific closures or statements of import quoted by anybody that matters.
It's the China syndrome all over again, and this scene has played out before -- like at least 4 or 5 times.
Dude, relax! Buy some more cheap satoshis, kick up your feet and spark up you sheet!
A new ATH is coming for you ;)
Cheers! from @thedamus
yes, bear market that is going to 10.000$
Bitcoin will double in 3 months you are forgetting all of the geopolitical factors coming into play.
i hope so! last week was a bad time to get into btc...
Hey Trey - let's get tangible!
https://steemit.com/@amezing
Don't worry , be happy! Reference to Bob Marley, Trevonjb, Bitcoin is going up.. i think the next big bull rush wave will be after Irma hurricane, when people realize that he could sold house and invest in bitcoin with4%annu and make a fortune or now diing in FEMA camp broke... and then the next wawe after the same people that will get some insurance money and HEY a second chance... i laughted stories when it was 100$ bitcoin bubble
Buen post, muy interesante
Saludos desde Ecuador :)
fue a Vilcabamba y quito en 2011 y 2014 y quiero Ecuador para Americanos a vivis salir EEUU ... pero necesito nuevos leyes para bitcoin!
Ecuador es maravilloso..., y es verdad que no hay leyes para la utilización de Bitcoin :)
Cliff high predicts $13,800 by end of febuary 2018 as global acceptance increases.
damn straight! a conservative rule of thumb is $10k BTC by years end....
i have to agree with that wholeheartedly . Cliff High also predicts up to a 30% pull back before the new year prices take off. Have we seen that pull back with the ICO ban in China? Or will there be another pullback or two. In the coming months?
thanks 4 sharing, I'am following you 4 show! Check out my blog if you get some free time. One Love and keep it up
wish I knew what the hell you were talkin bout... I'm learning though. Thanks so much for all your posts... it's been an education!
its time to do a great shopping it will be HUGE :)
yes bitcoin will only earn you an income...simply holding it will let you have passive income. if you hold like at least 10 bitcoin you could potentially live off the income from the increasing price of bitcoin.
Many times, its just a bear trap. That is why I buy bitcoins on the dip!
lol no bear trap..
the trap is for the bears who do not buy! you should put everything you have into bitcoin!
I told people earlier this year put your life savings into bitcoin! Now everyone regrets it! At what point is it OK to put your life savings into something that is pretty much guaranteed to keep performing!
Bitcoin has performed better than anything so why do people keep "recommending" to others NOT to buy it? Its very strange!
Its because people not making money with bitcoin HAVE tp come up with some reason as to why its a "scam" so they just make up excuses and it helps them cope with having missed out on the huge gains with Bitcoin over the last few years!
Bear markets are shopping days:) I guess if you have lots of money earned in crypto and it goes down you must feel your balls retracting pretty deep inside o yo
hah yeah there are no real "bear markets" with bitcoin these days, even the short period in 2011 to 2015 wasnt really a bear market it was more like "Bitcoin had ONE central exchange called Mt Gox and bitcoin needed those years of mt gox failing and restructuring of the decentralized bitcoin network worldwide with a lot more bitcoin exchanges popping up, bitcoin needed new exchanges and new BTC ATMSs and new bitcoin dealers new services to help people get bitcoin it was so organic, its so amazing, it just needed time to settle in and grow!
Bitcoin is going to $100,000 in a few years and WONT stop going up
Until Fiat paper money is based on Gold again, then crypto will just keep going up because its the only finite type non inflationary money supply out there bro!
okay hmmm
https://steemit.com/@amezing
Hi, Every one . lets know each other. Plz help each other.
Hey brother i upvote all your post now i am waiting you to upvote my post .
no problem bro don't worry in this month mey be rise up
I've spoken to many financial advisors and almost everyone is skeptical of cryptocurrenies.. All would say "In Cash We Trust!" LOL
I don't think so. Short term perhaps, but the long term fundamentals driving this are still there. Just ask anyone from Argentina or Venezuela how much faith they have in their central bank currency. Those kinds of issues are not going away anytime soon.
https://steemit.com/bitcoin/@wanderingmind/over-blown-market-reaction-on-bitcoin-news-from-russia-and-china
"coins that you can't touch or smell" xD
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Well I see a head and shoulders pattern right now, so that's not good, but super long term with the next halving in 2020 for mining difficulty going up. BTC is always going to rise over time! If it goes lower grab some with both hands!!!! Peace!
I love your haircut :)
Thanks for sharing:))) I am new to Steemit and learning all I can about Crypto currencies:) I followed you and upvoted as well:)
Nice video, wish bitcoin to reach $10000
Guys what ur wish ?
Great video!!! I hope you made more. #trevonjb
I am on the verge of buying verge.