Welcome to BeerMoneyForum.com - BIGGEST MAKE MONEY FORUM ONLINE

[AudraMiller]

The amount of Bitcoin that is in circulation and that is been traded on a daily basis has reduced significantly compared to last month. In the fact so far this month we have seen a 62% decline in the trade volume of Bitcoin. However the weekly outflow of Bitcoin that we have seen over the start of the June period is expensive. Over the last week there has been a total of 141 million dollars which was sold in Bitcoin which has led many people to consider the market to be a bear market.

 

[Niftyicon]

With the markets now, I am also leaning towards the fact that we are in a bear season. How dip bitcoin would go and how much it will take other altcoins with it will give us the extent of correction this time around.

 

[AudraMiller]

With the markets now, I am also leaning towards the fact that we are in a bear season. How dip bitcoin would go and how much it will take other altcoins with it will give us the extent of correction this time around.

Yes it is still in the bear season, and i think that by the fact that many are holding may reduce the volatility of the market in its entirety over a long period of time, but will not affect prices and drops like we are seeing right now if those that are trading are focused more on selling.

 

[silentwatch]

Bitcoin is already become an asset now, so many people hold and buy this. And what we see right now is there many people who hold this have fear that drived by news around and so they panic and start selling. But that as many people who still optimism with this so they hold and by while is low.. I am buying bitcoin now..

 

[Niftyicon]

Yes it is still in the bear season, and i think that by the fact that many are holding may reduce the volatility of the market in its entirety over a long period of time, but will not affect prices and drops like we are seeing right now if those that are trading are focused more on selling.

My hope is that it is short and things go back to normal soon enough. I hope good news would come soon and more investors in the market. My investments need the push up.

 

[leithy]

I am still in profit with most of my coins, and in profit overall. If I sell the ones that I am down on I will realise a real loss not just a paper loss. I will hold, stake, long term.