What Up STACKERS!
It's pretty amazing to see all the "Gainz" that we experienced from the middle of 2017 bull run has been completely wiped out.
The total "Market Cap" is currently pushing around 108 Billion Dollars (as I write this) from it's all time high of around 831+ Billion in January of this year. 700+ Billion Gone!
It's pretty crazy to witness this kinda downturn but this is how bubbles pop. Most investors and traders were caught with there pants down, literally. 🤣
In the last 6-10 months... I've been seeing so many people on Social Media "predicting" a bull run soon... this makes no sense to me.
How can cryptos have a bull run while being in a bear market? It doesn't work that way.
It's going to take a while before we see a significant rise in the markets. Don't get me wrong, we can see some rallies from here and there but it won't even be close to what we seen in 2017.
Who Knows, I can be completely wrong. In my eyes, 2019 is going to be a year of accumulation in the lows where we can see Bitcoin at a range from $1000- $6000.
(Yes, $1000 Bitcoin is a probability as my "most" pessimistic outcome). 😳
With that being said, I'm only looking toward the future as we can't change the past (only learn from them). 👨🏼🏫
Remember, this isn't financial advice and always do your own research. I'm just an Asian Dude livin' in Las Vegas! 🤣
So what are your thoughts? Am I negative or just a realist? I guess only time will tell!
Keep On STACKIN! 💞
~ Charles Fuchs
For those who's interested in following my "Content" and "Daily" Posts... you can just follow me @stackin to get my updates.
I agree we haven’t seen the bottom yet, and although it’s hard I’m going to keep adding to my stack knowing it might still go lower hopefully one day it will pay off. Cheers mike
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Bitcoin will pay off in about 3-5 years but most people don’t have patience. 🤷🏼♂️😀
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I think your not far away, thanks mike
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I’m still stackin. 💯
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I don't often look at the BTC chart. Gimme a sec.
$1000 is a definite possibility. It certainly took a huge dive recently. It looks like the next resistance line of note is around $3k. It could bounce off that. There's also some resistance around $2k. If it goes down to $1k, that will be a complete return to the starting point of the previous pump. If it does hit $1k, I would say that's a perfect time to buy in. Like absolutely perfect.
But that's just my personal opinion. People are responsible for their own financial decisions. I don't have any permission slips from any government overlords to give financial advice.
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You got all the perfect resistance lines. $1800-$2200 will have to hold if not... timberrrr 😂
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i’m ok with these cheap prices. and accumulation mode for 2019 is fine by me.
if we are never spending more than we can afford to lose, we’re enjoying the cheap prices.
if we bought at all time highs and Junior ‘s college fund is gone....Time to get a job and pay that back.
we KNEW this was a possibility. and the fortunes i’m sure will be made during this sell off.
but i’m just a white guy in canada. don’t listen to anything i say lol i’ve lost thousands this year lololol
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Your last sentence 😂🤣😂🤣
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sad. but so true lol
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I'm White guy from Croatia and I lost tens of thousands...
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Just keep o stackin those chips 🤣
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as low as the market deem fit haha
i saw 500 and some even 2014 low 100
personally 3000 then 2700~2200, 1500 should really attract alot of buyer sentiments.
PS :
If you’re posting content on instagram, give share2steem a look. It’s a new dapp that EASILY autopost your instagram post to steemit. Get daily upvotes from s2s and other users who activate unique double curations.
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I agree! I would love to see bitcoin at $2000, fill up my bags 😂
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has it been 700? ..it'll come back.. just give it time lol🙏😄
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We might have to wait a year 😂
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or 2? maybe less😂
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You are very correct.... Lots of crypto analyzer have mislead many people. I remember early March many predicted rise in crypto in August but it was all lies. Among many others, I remember some predicted rise in December here we are still everything going more dip while some predicted rise in other crypto but not bitcoin.
They have all hide their face with shame, it is better to give a tentative guess than to mislead others. I love the way you did your analysis.
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I don’t think they lied, they just didn’t know what they were talking about while filled with euphoria. 😂
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They saw blur vision lolz
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Based on my in-depth technical analysis we all should just sell all cryptos that we hold and file for bankruptcy because bitcoin is dead. It will not come back and even if it does you cannot spend a ghostly bitcoin. @stackin
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Oh snap! 😳😀
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Imho, if btc goes to $1,000 it has failed, and will go to zero. That’s certainly not to say that blockchain tech as failed, as that’s clearly not the case. But if we see $1,000 btc i will eat my own dick!!! Lofl!
Get it while you can mofo! We might not have seen the worst, but my money sez we are bottoming out right now...
but time will tell us the truth — it always does!
😜👍
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There was some floors which has been broken and it might dive deeper. A dude living in LV... For sure you are a gambler Charles !
So what is your strategy, at what price would you buy ? 1000 USD ?
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My sweet spots are $2800, $1800-$2200 and of course $1000 if it can get there. I will have to wait and see if we bounce off those 😀
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Bitcoin is vanishing,i am finishing.
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Bitcoin will always survive 😎
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Buying on the way down, so i do not miss that BOTTOM
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Let’s catch those falling knives lol
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Catching knives is dangerous, catching falling bitcoin seems safer..haha
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I think you are right about Bitcoin hitting $1,000 USD @stackin it isn't guaranteed but it is still a possibility. I also think it's possible that Bitcoin will collapse and fall towards $0, but I don't think that will happen.
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I dot like to make predictions but that $2500 Bitcoin mark looks great also 😂
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I think the best we can do is state possibilities @stackin since no one knows for sure what will happen.
I can also see Bitcoin consolidating in the $2,500 range or at least higher than the $1,000 mark, but of course it is impossible to know with certainty.
At any rate, if Bitcoin falls and Steem follows suit, I will be accumulating a small amount of Steem at cheap prices for the next 6 to 8 months.
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It can go much lower and it can also 'suddenly' revive as 'something' happens - we have no idea what that is though, so it's just a 'wait and see' game :') I'm patient.
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Totally agree, I’ve been patient all year 😅
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i would be really happy if it that went that way bitcoin would be really cheap hahah
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Most still wont buy 😅
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I think we will see some normalization soon as the value being created from investments in the underlying technology will start to demonstrate its value by improving ways to facilitate adoption into the mainstream. While it may not run up immediately, it will begin to set the foundation of a more sustainable crypto economy.
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I’m waiting for that capitulation to happen in 2019, it might be a golden opportunity 😬
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I remember Bitcoin was $10 in 2011 and told myself, that was way expensive and missed out! 😂😅
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Dont think i need more research, its obvious things would smile by janruary
Funny meme!
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We will see a bounce soon, temporarily 😀
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You might like my post that I did earlier...
https://steemit.com/blog/@lucylin/the-dangers-of-less-steem-and-explosions-a-word-of-warning-at-christmas
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Makes tones of sense, thanks for sharing 🙌🏼
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Thank you so much for participating the Partiko Delegation Plan Round 1! We really appreciate your support! As part of the delegation benefits, we just gave you a 3.00% upvote! Together, let’s change the world!
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💪🏼🙌🏼💯
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I made a prediction 6 months ago that we'd see BTC go to a low of around $2,745. If you're interested. That still seems realistic to me, but there is strong support in the range of $3,000 - $3,200. If we break much below 3K, I think $1,000 - $1,200 becomes more likely. Personally, I'll start cost-averaging into more BTC once it goes down a little bit more (anything less than $3,300 seems like a good buy-in level).
I believe you are correct about 2019 being a time of BTC accumulation. The larger markets are just now dropping off of the proverbial cliff - the global boat is sinking, even if most people don't yet realize it. In this environment, I don't see the current crop of cryptos being seen as a "safe haven" asset just yet. I think the traditional safe havens of commodities (gold, silver, etc) will see a boom before cryptos do.
It makes more sense to me that cryptos COULD be adopted as a better form of currency (since it does not have to be based on debt) when more people realize that blockchain acts as a "truth machine" in accounting practices - and then it will achieve wider adoption and take off. People in cryptos have been ready for this for years, but the mainstream isn't quite there yet. The coming pain will push more people to start considering different alternatives to debt-based currency and demand more accountability over the creation of money. At that point, cryptos will probably be seen as a better alternative or a "fix" for the FIAT money systems. The fact that cryptos can be linked to real assets will help people feel a bit more secure about them.
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This story was recommended by Steeve to its users and upvoted by one or more of them.
Check @steeveapp to learn more about Steeve, an AI-powered Steem interface.
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Hello stachin,your amazin post is best.so i want to your more post
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Speaking of btc, why not try to trade more on Dai? I've heard that there's a trading competition of it on KuCoin and can get 6 btc as reward.
Here's a link https://news.kucoin.com/en/dai-dai-trading-competition-win-182-mkr/
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Should i try to invest again? Do you have any option to get back all my losses. or should i take this trading competition and win a Maserati. https://www.kucoin.com/#/rank/ONOT
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We may see a huge short squeeze around $3000 Bitcoin... 50/50 shot. 😂
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Hi, @stackin!
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🙌🏼🙌🏼
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Hi @stackin!
Your post was upvoted by @steem-ua, new Steem dApp, using UserAuthority for algorithmic post curation!
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This post was upvoted by SteeveBot!
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Woww. It's great that today we are living in the development of blockchain technology along with cryptocurrency . One of them is #Nexty -with its features: Zero Transfer Fees & Instant Transfer with high scalibity: 1800 TPs.
It will change a lot of the trading of the world.
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