This is all done in an attempt to strangle the life out of Crypto currencies and to slow it down and to prevent a new upsurge in the price. So I doubt if we are going to see a repeat of last year.
Topic: [2018-06-17] Bitcoin Price To Reach $60,000 In 2018 - page 2. (Read 277 times)
Bitcoin's enemies has started to focus their attacks on the forces that push up the price. The SEC has started to investigate price manipulation, because they know this is one of the things that supports Bitcoin's growth. The enemy has also targeted social media to influence them into banning Crypto currency related advertisements and slowing the growth.
This is all done in an attempt to strangle the life out of Crypto currencies and to slow it down and to prevent a new upsurge in the price. So I doubt if we are going to see a repeat of last year.
This is all done in an attempt to strangle the life out of Crypto currencies and to slow it down and to prevent a new upsurge in the price. So I doubt if we are going to see a repeat of last year.
With the latest discussions and developments in cryptocurrency, Bitcoin price is expected to continue to fluctuate unpredictably. More recently, bitcoin has shown signs of recovery but its price remains volatile.
Bitcoin has seen a very slight recovery since successive price crashes at the beginning of the week and in midweek saw its value fall by more than $1,000 over the last week.
It is also the most traded cryptocurrency and one of the main entry points for all the other cryptocurrencies. The price is as unstable as always and it can go up or down by 10%-20% in a single day.
Bitcoin has seen a very slight recovery since successive price crashes at the beginning of the week and in midweek saw its value fall by more than $1,000 over the last week.
It is also the most traded cryptocurrency and one of the main entry points for all the other cryptocurrencies. The price is as unstable as always and it can go up or down by 10%-20% in a single day.
You're doing it wrong apparently, you're not allowed to liquidate assets whose value increases significantly, because that defies simplistic observations about human behaviour in markets. Which doesn't explain why you, me and other people choose to sell highly valued assets when the market seems frothy. Pesky human nature!
Are you referring to the spending aspect? I replace all spent coins directly, which means that I am not seeing any type of decrease in my coin holdings. On top of that, if you or anyone else needs to purchase something, then regardless of the price you will purchase it. I don't see why the market conditions matter in this case. It would only matter when replacing spent coins wasn't a thing, but since I know better, it is actually a thing. Bitcoin is money at the end of the day, so why shouldn't I use it as such when I need it and it serves me better than PayPal & Co? May I ask what you do with your coins? Just sitting on them for years or do you actually participate in an economical way?
. The sooner people reset their mindset, the sooner we will be able to look upwards instead of downwards. I will also start spending my coins more. Bitcoin is a currency at the end of the day, so I'll use it as such.
You're doing it wrong apparently, you're not allowed to liquidate assets whose value increases significantly, because that defies simplistic observations about human behaviour in markets. Which doesn't explain why you, me and other people choose to sell highly valued assets when the market seems frothy. Pesky human nature!
Bitcoin will keep being volatile and unpredictable no accurate predictions will be possible.
There's only one prediction that can be at all relied on: the effect of the block reward halving. People have tended to front-run 6-12 months before the halving (which causes a sizable bull run), then another larger/longer bull run seems to develop 3-6 months after the halving in response to the decreased new supply entering the market (followed by the market topping out). This pattern makes sense, but what the magnitude will be of this effect in future is hard to say. Another 2 years of mismanagement in the so-called capitalist financial system could be all we need to deliver another round of explosive price growth, but we can only wait and see.
All these recent price predictions that promise moon at the end of this year or in the next year are just based on the fact that Bitcoin skyrocketed to $20k, and now so many experts for some reason expect something similar to happen again. But this is just not how Bitcoin behaved in past years - it was always unpredictable, no one knew if they are witnessing the beggining of new bull run that will lead to a new ATH or they see just some small fluctuation, no one was able to predict ATH's even a few months before they happened, and this is likely to continue be the case - Bitcoin will keep being volatile and unpredictable no accurate predictions will be possible.
Another expert making another stupid prediction.
Don't you realize these so called experts give extravagant numbers to get a little bit of attention?
When is one of them gonna say 1 mil ? Oh wait...
Don't you realize these so called experts give extravagant numbers to get a little bit of attention?
When is one of them gonna say 1 mil ? Oh wait...
If this 'expert' really believes that, then he should buy as many coins as possible -- predicting a certain price without putting money where your mouth is has no significance to it. I think if we manage to end the year above $10,000 we have done more than well. Everything we significantly gain above $10,000 will for me be a welcome bonus. Seriously, the less you expect from the market, the less disappointment will play a role. The sooner people reset their mindset, the sooner we will be able to look upwards instead of downwards. I will also start spending my coins more. Bitcoin is a currency at the end of the day, so I'll use it as such.
BITCOIN PRICE TO REACH $60,000 IN 2018 — CRYPTOCURRENCY EXPERT REMAINS RESOLUTE ON JANUARY PREDICTION
He says, "‘It's going to disrupt everything."
http://bitcoinist.com/bitcoin-price-to-reach-60000-cryptocurrency-expert-remains-resolute-on-january-prediction/
He says, "‘It's going to disrupt everything."
http://bitcoinist.com/bitcoin-price-to-reach-60000-cryptocurrency-expert-remains-resolute-on-january-prediction/
Jump to: