Topic: $8000+ is here. This rise has left behind lots of wounded... - page 4. (Read 1672 times)

Yuuhuu Se you at  $10000
https://www.listico.io/blog/bitcoin-will-reach-10-000-by-christmas

it is always like this.
each rise, specifically the big rises always leave some people behind. mostly those weak hands who are always late to act on each movement. late to sell and late to buy at all times.


why do you think it is early? price reached $7888 on November 8 (12 days ago) and this is just a $112 rise or in other words 1.4% higher than the last ATH. not that big a deal in my opinion.

I would say that this has wounded at the first place those who thougth that bitcoin cash will prevale and bitcoin will fall so they have put their funds into bitcoin cash instead of bitcoin. This is just another proof how easy is to mislead people and sell them false information.
I'm glad that the price has recovered so fast and shows the rising tendency. December could bring us some more good news so don't think it is too late to buy bitcoin now, even when the price is so high.

Here is a detailed step-by-step guide to how the events will unfold for Bitcoin (and the other cryptos) :

- Bitcoin will start dropping in value sharply
- Bitcoin promoters and investors will say that this has happened many times before
- In this forum especially all will be saying to buy because it is cheap, and many will say to hodl
- price drops further, and all promoters will keep saying we have seen this before and it is a good time to buy and hodl
- price drops further, and waiting transactions are now mounting rapidly because despite the cries of "hodl!" quite a few people want to get out. But the way Bitcoin works prevents all from exiting when they want to.
- The price to get your transactions through becomes very high, in reality meaning only people with large holdings of Bitcoin can afford to get out. And they do because they have in many cases bought at below 1000$ and therefore they want to take their profits.
- As it becomes clear price keeps declining and it is impossible to get out, the smaller investors start to panic. It is the same as being in a large building with many people and only one small fire exit when there is a fire
- Prices now decline to a level where the miners can only make money by charging very high prices for transactions
- The high prices for transactions and the low price of Bitcoin means that no smaller investors can now get out of Bitcoin
- The price stabilizes at a very low level and it is impossible for the small investors to get out as no miners can make money any more
- Nobody want to buy into Bitcoin because of the very high transaction fees
- Game over.

I don't think so... The BTC will break the 8,500 soon.
After that we can't stop and wait becoz it will stop bottom of the 10,000 in next year.

Do your best!

Gosh 10000 by year end? I won't dump mine though gonna hold as long as I can. Hopefully it will hit 100k per bitcoin by 2030.

Especially those who thought bitcoin cash will be more profitable and decided to rather invest into bitcoins cash rather than  bitcoin believing that it was the end of bitcoins two weeks ago and am sure that they will be regretting that mistake for a very long time as they missed out on a very great opportunity.

Way earlier than I expected, but damn good to see. Skyrocketing in december is a go.

Yes of course as always someone's earning means someone's loss, we should always keep our trust to bitcoin to avoid this kind of losses. I really pity those people who was fooled by the people who manipulated the price of BTC and BCH.

I can't wait to see BTC hitting the $10k level. Will it be on this year?

It was an expected thing as BTC's history had made us believe that it can survive all the waves. Only the weak hands were thrown off the BTC market. I would say you guys its not too late now either as BTC will soon be hitting $9k and then $10k soon. My prediction is that the targets will be achieved within months. Most probably by January end we can see a 5 digit figure in USD as the price of BTC

BTC to the moon, ATH left some behind wounded and scarred.

Let's watch BTC pump to 10k$ before Christmas!

i agree with you mate because the other people goes into the bch believer bch replace the bitcoin as new king, so now i;m also laugh because people didn't believe in bitcoin in the crypto world this another proof nobody can stop bitcoin to rise in the world of currency bitcoin have a name in the market as strong currency with have capability to continue popularization of demands.

That is what markets do, they very rarely go anywhere in a straight line. The dip down to $5,400 was a very aggressive front run of the technical pullback level. Likewise, the pullback from the first test of $8,000 was front run again at $7,412 (Bitfinex prices). These are signs that the bull market is very strong at the moment and although it is likely that there will be another pullback before $10,000 it is far from certain that it will happen.
 

We will see more of these dips, this is not the first one. What is important is the general trend where every dip ends at a higher level then the one it started with.
I am sure we all understand $10k is not an issue anymore. The question is what comes after that.

Maybe a small dip before rampaging to 10k, keep an eye out for the next few weeks!

Hoping for the same amount of bitcoin and hopefully early of December. Bitcoin is really amazing and unpredictable no one can stop bitcoin from soaring higher, believe it or not bitcoin is clearly our future. Just HODL and enjoy the profit before the Christmas everyone !

ye, panic sellers are now in big trouble, they dug their own graves by listening to all the FUDS going around, despite that BTC is still strong and growing rapidly.
Don't think it can reach 10k by the end of December but if it would, i will not be surprised because in the last couple of months BTC taught us a solid lesson: despite all the shit talk about crypto, BTC doesn't care, nor the community we are still here supporting our beloved coin.

nobody knows everything is just speculations. just like people were saying the coin will fall after the segwit2x was canceled but here we are today the coin is still pumping up. the same thing might happen even after december people saying the price will fall this might not be the case unless we know when the next hard fork will happen then we can start predicting what will happen again to the coin.

I expect we will see a dip before we see 10000. Just remember that only 2 weeks ago bitcoin was down in 5400.

It only left the panic sellers a lesson to learn for the rest of their lives. These hard fork FUD's made a lot of them sell in order to appear wise after the fork but i guess they deservedly deserve their place. With that said, I think 10k$ is within reach at the moment but before the end of the year with barely six weeks i doubt if we can reach that but who knows x-mas sales is coming!!!  and there will be a lot of spending and demand for bitcoin.