Oldfags explain

Since Veeky Forums is predicting a long bear market then the bullrun starts tomorrow.

Crypto will have to go to zero then, I'm serious. I am way too lazy to deal with cashing out, I'm not going to cash out unless it's really worth it. Too much of a hassle.

I'd be surprised if the bear market is over this year desu
friendly reminded buying the dip is only good strategy in a bull market

Mid february

Im a newfag thats been in since aug and this is nothing compared to sept-november run.
Granted I was holding alts so I got murdered for fucking months.
These days I've been day trading and getting in ICO's, so haven't been hit very hard so far. Honestly this doesn't seem so bad. If I had to guess I'd say things will stop dipping in a week maybe then we'll go sideways/slowly up for a month or so before we get a proper bull run.

I've reduced my stack, cashed out 70%
It was great fun, and I've still got a fair bit in. But this uncertainty is starting to annoy me.
Moon or dump, I win

So the predictions so far have been: tomorrow, mid feb, q3 2018, 1-2 years, and 5 years.

I guess the truth is no one really knows

i think once it really crashes it will recover quickly

My money is on this one and it will start going sideways or drop slowly now until then.
The UAE sheiks kids are messing with the markets too during this time which is causing a greater dip than their would have been. People keep saying it’s the us, cheap and, pajeets, eu etc with weak hands but it’s actually the Arabs trading and pushing prices down.

Probably at least 6 months to a year.

The longest bear market in crypto was like two years.

w-wow... really made me think

I have been here since end of 2016 and I think this time january crash is different. We reached the peak in december and normies bought in crypto. Now we are just bleeding and waiting for next cycle. I think markets needs to be restarted to see some grow and that means everything will dump.

This is what i think, mid feb would reverse things but I'm still inexperienced, hopefully you guys predicting year long bear market are wrong for everyone's sake

I really thought we'd hit a trillion at least before popping. Guess I was wrong

We're going to have a massive bullrun I think.

wasn't mt gox the prime reason for that? the market back then was very different anyway, no industry interest, no ICOs, no media coverage. it was only bitcoin, and a shitload of completely useless bitcoin clones.

January 31st

when exactly is Q1, Q2, and Q3? thx

I had the same thoughts that we would atleast see same marketcap as dotcom bubble but it seems very unlikely now. Bad news overweight good news about crypto and almost everybody is losing money right now. Hype is gone and most of the people are slowly giving up and cashing out. Im not saying crypto is done but these overvalued prices are.

There are 12 months, divide that by 4

2 years

I hope this is bait. How could anyone be this stupid.

End of February

Chinese New Year taking place until then, people cashing out to travel to their families and give the red envelope to each other

And index starting from 1 like a brute, instead of 0.

Nobody here knows wtf they’re talking about.

semi oldfag here. there are a lot of big projects going live in q2 that could kickstart the market. omg, req, link, ven, etc. there is also the possibility that eth figures out scaling (plasma/sharding) or lighting network actually works. the big wildcard is government regulation. nobody knows what those fags are gonna do. if they come down hard then we aren't recovering for a while. but it would almost be worth it just to kill off all these low quality shit ICOs and their pajeet armies

If bitcoin gets back to 20k then the normies will immediately forget everything that happened in January. If the man in the talking box tells them it's a good idea for a couple days it may as well be a total reset of the narrative.

I'm seeing crypto commercials, big crypto ads taken out in the fronts of newspapers.

Crypto is going to grow so fucking hard, this bear market is temporary.

Really though next month

i love how governments say they want to regulate or even ban crypto, under the premise of "protecting people from losing money", but their statements and actions cause exactly the opposite for every current crypto investor.

Has there ever been this kind of daily volume exchange of information between so many humans in so many parts of the earth? Is this? Are we globalism?

>believing the government cares about you in the first place

You are what caused this crash. Fudding newfags.

if we're to repeat a 2014-15 bear market, the bottom should be around $2000

Last time it happened.
Crypto started mooning in Mar

Shit's done senpai
Get out of all markets while you can

Honestly, this year is different.

It can be for another month or 2, or it can be next week.

>implying that isn't my point

politicians are nothing more than glorified salespeople. they have a "to-do list" with a shitload of selfish plans, and their job is to make it look like it's in the interest of the common pleb.

also this, previous time the biggest exchanger went down in flames and the market was far smaller

where were you a month ago?
buying dip is crap in bear market...

>on standby, awaiting his next move

It's good there are people like you that understand what the nature of government is.

Socialism is just brainwashing for idiots that want to be cucked and enslaved.

For now, gook moot needs to fix this shit tho.

this time you got Wall St. shorting it and the tether bubble ready to burst though.

March. Winter almost always sucks for crypto.

buying dips and then taking profits quickly is how you play bear markets you dunce

Nice Wojak OP. The 'bubble' should last until there's finally serious attempts at regulation/clampdown by US and EU.

We've had years of Asia based FUD and Korea/China/Japan are waaaaay ahead in terms of regulating and accepting cryptos despite the regular FUD bullshit their officials still occasionally come out with.

Government FUD really hasn't even started yet in the West. When it does, expect the market generally to go down signficantly but Asian cryptos to holdup better than most, and then to rocket when things settle down because the major Asian countries are already several years past this stage and will more or less have regulatory frameworks in place for crypto domestically.

Keep a decent amount of solid Asian projects in your portfolio to hedge against Western government bullshit.

Well we just hit ATH. Everytime that happens it crashes due to the cashing out. The floor in all honesty is 4k. It could keep dipping till then or recover. It's going to take a while

OP, noone really knows. This market is not easy to predict, it depends on news

>Well we just hit ATH. Everytime that happens it crashes due to the cashing out. The floor in all honesty is 4k. It could keep dipping till then or recover. It's going to take a while
Why do you faggots say this shit?
WHY?

Why would the market collapse?
Excluding MTGOX, every time it dips it just keeps going back up soon.
We're headed for a massive bullrun the next few months.

As long as chinks/eurofags will have money to short and use current situation.
Seriously Burger friends, why you still keep holding?
You will have to pay taxes eventually...

Veeky Forums is always wrong

So it's the opposite of what they say.

>Socialism is just brainwashing for idiots that want to be cucked and enslaved.

sweden is probably the best example of this, it might be the country with the best social engineering in the world.

I believe majority of /biz now is hodling in wait of 50k

Was thinking the same thing yesterday

>sweden is probably the best example of this, it might be the country with the best social engineering in the world.
Sweden isn't socialist though, they have some socialist aspects, but what country doesn't.

They worship their government like tools though

Why is a bear market a bad thing? Doesn't a bear market mean everything is on sale? Crypto still has a ways to go.

Wrong. This dip was easily predictable and it's due in part to normie scum but the driving factor is the cme futures.

The cme futures are closing late January. One closed a few days ago and the other will close in a day or so. Dates don't matter too much.

Bitcoin was held stable during December and early January they began too crush it. Putting some fear into weak hands. 1 week before the first cme future close date they dumped btc. The scared dumb money paniced and sold sinking lower.

Cme closes and smart money rakes in the money on the btc that they shorted then they buy the cheap btc which pumps the price.

There's another futures call which will be shorted again (dump the btc they bought cheap for additional profit). Hence we dip again right now and it'll continue until futures closes.

After it closes they'll buy up the cheap btc again using the profits made from shorting futures. Btc will pump. There are no more immediate future calls so btc will continue to pump.

New futures date and values will be set. Btc will pump to whatever value is set then it will go stable.

Rinse and repeat

>Sweden isn't socialist though

really? i thought it was the prime example of what happens when socialism goes to far.

We had a 2 year bear market 2013-2015

Enjoy your bags :)

>driving factor is the cme futures.

Max market for futures was $90m

Get the fuck out of here.

If we are going to be realistic about this most bots operate on algos which can be discovered via TA. If you exclude any news, bots will be looking to buy now until 7k. Btc charts follow TA really well, excluding news. Now it’s a matter of the news causing people to sell with the overhead of impending doom as the trumpets that loom in the background. Just hold or rebuy positions at 9-8k. We should be in this channel for a week or two more before we start to see recovery

Corrections are good, but the longer it lasts the worse public opinion and media attention that crypto gets. This is different, it isn't just neets and gooks noticing crypto now. It's on a world stage finally and serious volatility and long term dumps like this, even though they've happened in the past, don't look good on paper or on tv.

Mass public attention is a double edged sword. Good things, advertisements, and new investors will flock in when things go well, but more serious dumping occurs also with the influx of weak hands and scary media stories.

Basically, it would be good for this to not last for over half a year

Its Question 1 Q2 Q3 etc. He's basicly the Riddler, and you are not the Batman. So what does this mean for you? It all boils down to you leaving this place immediately.

Okay so when do you see the bull market?
Feb? Mid Feb?

No, that would be cuba/venzuela/north korea etc

Sweden is extremely free market in many respects
their social policies are retarded as fuck though

Bunch of newfags in here. The dip will be over at the end of the month when Koreans get back into the market. Their influx will cause a sudden spike and everybody else who was waiting for the floor will FOMO back in, boom back to bull market. Screencap this faggots.

maybe it's just the bitconnect guy selling the bitcoins he scammed. (that's 3x of what was in mt.gox)

A few months to a year. Could easily go as low as $2500.

>How much longer will this last

3-6 months

Tldr btc is a pnd coin for big money now as it has been turned into unregulated haven for market manipulators.

>le wait to next year
you faggots base this off nothing

Bear market means more time till the big bubble.

A C C U M U L A T E

i been holding crypto since 2008. im almsot a billioanire in usd. i have never sold a single satoshi and never will. i love dips because i can buy even more. stop being a pussy faggot.

This is why I have 80% in ICX right now, looking to get profits off of Koreans coming back in and then will go back into Ethereum

Me too, I'm about 75% in ICX and will put some of my other coins into it around the 26th. Guaranteed profits.

This just made me realize we are going to crash boys......just damn.

I aint got no more fucking fiat fuck!

The absolute state of Veeky Forums.

That's actually a fuck tonne for trial run. Expect to see it significantly increase in the coming months now that the trial run has been an absolute success.

You gotta realise how futures work. Dumb money thinks btc will be worth 40k on futures call. So they create a futures contract to 'promise' to buy 10 btc at 30k each (they're cash settled no btc ever changes hands here so it's a promise to buy). So dumb money agrees to pay 300k and if he's right and btc is worth 40k on that day he'll recieve 400k cash.

Smart money comes along. They know that btc will be 10k on that day because they plan on dumping btc price. Smart money accepts dumb money's contract. On that day he will receive 300k and he will pay the going rate of 10btc for it (he expects this to be 100k). The day arrives and thanks to weak handed fuckwits btc is only at 9k he pays the sad dumb money guy 90k and receives 300k.

The point I'm making is that 90 mil is majority dumb money. Smart money made a fucking killing off this and it was just to test the waters to see if they could pull it off

Like i said as soon as the next cme future call happens (I'd have to look up the exact date, but it's in a day or so) smart money will get paid and they will buy up the cheap btc and this time we won't stop until cme futures get set again.

As for bull run. Some coins will moon alongside btc and others will get rekt. We'll see an overall bull run again when BTC stablises. but i can't say when that will happen because it entirely depends on the future call price that gets set

So this basically means that the best thing to do now is just hold?

allowing futures in crypto = this shit is going full fiat

why wouldn't it by know, i'd daresay crypto is beta testing fiat going down this road

Yea right

Instead of panic selling and trading, I would have 2,1 million now... If I just had holded for a year. Now I have 100k, not going to make that mistake again. Crypto is gambling...

thanks just sold 100k

Yes hold for now. Look up the date of the last futures call for January. Decide which alts you want to hold. Sell the rest into BTC. Ride the btc pump to the amount set for the February/ March future calls. Switch back to alts. Hold until 1 week before the first futures call. Tether. Buy bottom after futures call. Repeat.

...

That's what u get for being low-educated emotional faggot

First useful advice in days in this retard infested shithole.

Your welcome user. I'm only posting it once.

Your understanding of "normies" seems pretty different to mine....