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Topic: 11k plus is the price of Bitcoin Now. my fear is..... - page 3. (Read 2104 times)

hero member
Activity: 3080
Merit: 603
Bitcoin might drastically go down deep following the sudden surge in price. If am wrong you can correct my impression thank you.
The same on the way I think, just like what happened all of the time but still you know what will happen when bitcoin is going down right? I know what you feel since I'm always been like that to but you don't have to worry about it if things are just keep on doing this way bitcoin will just go at the peak and there's no one to stop it unless whales stops on supporting it.
hero member
Activity: 602
Merit: 500
Dropping of price will be always but its is not really problem, if btc price is decrassing this is big opportunity for us to buy, I hope btc ll see again 8k lol Smiley
member
Activity: 232
Merit: 11
It is better if bitcoin would rest so we can buy more of it in a lower price and give others a chance to start bitcoin in a starting point. It is normal that a currency will fall down, and it is also normal that it would kick back up high again.
sr. member
Activity: 274
Merit: 250
So when you will start to buy in when price decreases?

The thing is, when price start to decrease a lot of people actually are preparing money to buy in... so the moment price start to recover, it went directly  go pass previous high.

And think those who put a sh*t load of money into mining, if price will go down below their cost, they will buy the coin instead of mining it - they have money to do so.
member
Activity: 224
Merit: 41
Bitcoin might drastically go down deep following the sudden surge in price. If am wrong you can correct my impression thank you.

Only time can tell whether your doubts are correct but for the mean time, we all consider this as a speculative claim.
Bitcoin drops from time to time and this is inevitable due to its volatile nature. Considering its price today, Bitcoin could collapse at any moment or it could continue to rise. The ATH from ~11,500 went down to ~9,800 last correction. This is a drastic drop when we are to look at the "value", however it recovered quickly and barely affects holders.
sr. member
Activity: 434
Merit: 255
As a matter of facts, the price is continuously going up these days and it's now around 12K. So, there should be no reason to be afraid... However, I'm sure the price will drop to even lower than 8K before the end of the year. That will be the time to step in for many buyers, hoping the price will then go up to 15K. But I can imagine those who have some bitcoins (or even less than 1) are afraid the price will drop. They just want to see the price go up without any bumps.
I do not believe that bitcoin could fall below $ 8,000. After bitcoin easily overcame $ 11,000 whales are now testing the next record. It can be 13,000 dollars. But then a possible pullback to $ 9000-10000. We will never see a price tag of $ 8,000.
hero member
Activity: 2842
Merit: 772
Bitcoin might drastically go down deep following the sudden surge in price. If am wrong you can correct my impression thank you.

You need to understand that bitcoin can't go parabolic line and it is not sustainable long term. And no one knows when this upward trend will stop. Investors are still in stage of "euphoria", Irrational buying that generates a strong rally to push the price even higher. There will be retracement, but you don't need to worry because it will be another perfect opportunity to get into the market and buying bitcoin at a cheap price. Just hold and be patient.

And I also believed that it can't go lower $9k if ever there is a pullback. Because many traders see's this an perfect time to buy, while other's they will think its the last time to act (FOMO) to purchase bitcoin.

Again, do not be afraid of such corrections in the future, and I also suggest that you look at bitcoin's historical chart and see for yourself how it recovered from the past and even went higher than its previous all-time-highs. Wink

hero member
Activity: 742
Merit: 500
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I  think there will likely be a market correction after the CME futures open, which I think is good for the market in general, BTC has shown it can bounce back from price crash over and over again.
member
Activity: 378
Merit: 12
I don`t think that Bitcoin can suddendly drop to 5000$, for example, until 2019 minimum. His capitalization still enough small.
full member
Activity: 756
Merit: 133
- hello doctor who box
It's posible for bitcoin's price to go down up to 8k$ in just a few weeks (price correction) but, still after a few weeks or months it would just still go up. Some big investors said that Bitcoin's price would even reach 15000$ before the year ends. - /+ 20% after december would likely happen.
full member
Activity: 266
Merit: 151
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As a matter of facts, the price is continuously going up these days and it's now around 12K. So, there should be no reason to be afraid... However, I'm sure the price will drop to even lower than 8K before the end of the year. That will be the time to step in for many buyers, hoping the price will then go up to 15K. But I can imagine those who have some bitcoins (or even less than 1) are afraid the price will drop. They just want to see the price go up without any bumps.
jr. member
Activity: 53
Merit: 10
It could, but I don't think it will dip much. There are a bunch of people just waiting to pounce on a dip, the latest ones have been getting smaller and smaller.
full member
Activity: 294
Merit: 101
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It seems to me that you are right. 20% correction is too little for such growth. I think bitcoin will drop to 6K $
member
Activity: 560
Merit: 17
Bitcoin might drastically go down deep following the sudden surge in price. If am wrong you can correct my impression thank you.

1. Fear is always there.
2. We already had 20% correction an are up and going further.
3. I do not think that there will be a large burst in coming months
full member
Activity: 420
Merit: 110
some people thought this would happen on 6k others thought this would happen on 8k while some even predicted this at 10k but bitcoin has surpassed all the barriers and reached its new high. Still its booming and booming. I feel that correction might not be possible upto such an extent. This is because if you see the market closely the market cap increased equally along with the price.
newbie
Activity: 14
Merit: 0
A correction is normal after this huge price rise
full member
Activity: 650
Merit: 100
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Bitcoin might drastically go down deep following the sudden surge in price. If am wrong you can correct my impression thank you.
Bitcoin has already been to a correction where it reach to $11k and decreases to $9800 for about 3 days lastweek and its price now playing from $10k to almost $12k.I guess its price for now will continue to rise.That was just my prediction but we cant really control bitcoins votality that is why we'll just have to wait to where it goes.Lets just take advantage to buy btc if the price will dump this would be a great opportunity for investments "buy low and sell high strategy.
member
Activity: 112
Merit: 10
Everyone here is afraid of decrease of Bitcoin value. Even if it happened I would continue to hodl Bitcoin. Bitcoin price has already decreased by 30%-50% many times and it can happen anytime soon. Almost every time it happens because of some kind of events f.e. Bitcoin exchanges ban in China, people cashing out after hard forks are complete etc. I still haven't changed my mind and I think that Bitcoin hasn't reached his peak, we are still far away from it.
newbie
Activity: 55
Merit: 0
I think this is the best price of bitcoin.More prediction will be harmfull for the investors.Because it's price will down anytime.So it is the best time to sell bitcoin i think.thank you.
newbie
Activity: 18
Merit: 0
yes, of course, nothing is impossible, even the possibility of bitcoin prices jumping higher, down and the rising price is sure to happen
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