Quote from: Ipwich on May 04, 2019, 02:57:30 AM

Quote from: pant-79 on May 03, 2019, 01:08:49 PM

Quote from: Ipwich on May 03, 2019, 06:13:21 AM

Quote from: pant-79 on May 02, 2019, 11:06:55 PM

Quote from: coingecko on April 02, 2019, 06:27:33 AM

Bitcoin pump to $4,919 and back down to $4,671 at the mean time.
Why is this pump happening? Bull market is back?

Price: $4,671
24h high / low: [$4,919.39 / $4,124.31]
Market Cap: $82,303,956,910
24h Volume: $17,479,334,170

https://www.coingecko.com/en/coins/bitcoin

Of course, the bull market will be back. No need to despair. Remember that whales just want it - the complete despair of small traders. Their goal is to bring people to the point where people will sell their coins at a huge loss (70-90%). It is on such schemes that they have the main income. Don't give in to this pressure and moods of pessimistic traders!

They can do that, they can create FUD so people will dump.
Now, it seems it's a complete situation that we are witnessing in the past, people are more optimistic now and they are calling a new ATH
with their prediction or bitcoin having a good run this year.
If we will have a long bull market this year, this would really be a big help for us and once again we will have some hope on our holdings.

I think that this year the new ATH is unlikely. There are no real reasons for such a significant price increase. People are too scared now, so many will be reinsured. Whales simply will not be able to pump the market in the shortest time possible. Therefore, this year Bitcoin achievement of the mark of 15-16k dollars will be an excellent result. Although anything can happen.

If you believe that there is no big reason for the price increase that we are witnessing now, I think it's better as price is not hype.
We might unlikely see a new ATH this year but we should not loss that faith in crypto, we know how unpredictable it is and that makes me believe we might be surprise.

Of course, we must believe in crypto currency. But our faith should not be divorced from reality. I'm one of those people who believe that crypto currency is the future currency on our planet. And it is only a matter of time.
Therefore, I believe in the success of crypto currencies, but I appreciate the real situation.
I understand that if the price is not rising now, then it is beneficial for those who actually influence the market.