Quote from: aditya6997 on March 09, 2018, 04:43:24 AM

Quote from: livingfree on March 09, 2018, 04:34:17 AM

Ohhh we are on dip again. Price is now $8,700

Quote from: aditya6997 on March 09, 2018, 02:53:52 AM

Eventually bull phase will be over.

Also eventually this bear phase will end soon but for now this bearish trend needs to be done. And for those who remains to be faithful needs to wait until the price of bitcoin goes up again.

Whales are already leaving the market, look at the dip in number of transactions on daily basis. High transaction fees, high trading fees aren't the good sign for any commodity. And there is not much place left for small investors to gain profit.

What do you mean leaving the market because of high transaction. Last time I check mempool is not that clogged so fees are that small. What we really seeing is that a Mt. Gox trustee is simply dumping huge amount of bitcoin causing a lot of pressure on the market. So it causes domino effect, panic selling follows resulting to the current situation that we are witnessing.

Quote from: sangwookie on March 09, 2018, 10:32:01 AM

disagree. People can get in ride up the profit and then sell at the peak and then rebuy. You can make money if you are a crafty trader. With 1 BTC you could make $1000 or so a week (sometimes a day). It takes balls though to play this game and don't risk more than you can afford to lose.

Dan

Of course everyone should ride the waves to make a lot of money. But yeah, you need to have balls here because its very nerve wracking and the risk is very high. So its either you make lots of money doing it, or lose everything in an instant. So you need to be very careful as well.