Are you guys happy if bitcoin will dropped to $10k? Why?

lixer

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Quote from: Botnake on May 14, 2021, 07:42:47 AM

Quote from: Kong Hey Pakboy on May 14, 2021, 07:34:43 AM

To answer the question, I would be happy that it will go down at 10k since I can buy a lot of bitcoin at a lower price, that's like the opportunity that some of the users have been talking about regarding buying bitcoin and profiting a lot in the future.

Good luck with that, it's a long bull run, we are witnessing something that might not happen for a while again after it will correct and turn into a bear maket. Judging on the current price, it looks like Bitcoin will not fall at $10k again, but, with big market panic selling, anything is possible.

It is not specifically about 10k, I mean I understand that the question is 10k but the idea is that if we drop to these levels, would it be okay for us? And the answer is always yes, I do not mind bitcoin dropping. If the question was 20k, that would be more possible and I would be fine with that too, if the question was 30k that's fine too, if question was 40k that was fine too.

It recently dropped to 50k in the past 24 hours and I bought some more, so 50k is fine too. Basically, as long as it drops I am happy because I do not believe that the price would drop and stay there, the price would drop and I can buy at lower prices and then it will increase, maybe right away maybe it will take some time but at the end of the day it will increase and that is what I want to see. So yeah, that 10k may not happen but as long as it drops I do not care how low it gets, I will buy more.

Woodie

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Get to drop down from $50K to $10k would hurt investor confidence, and it would take gambling investors to reinvest and see bitcoin bounce back to $50K plus but I think more people would invest heavily should it drop this low but am personally not wishing for this drop!!

Think about the hodlers that entered late and market sinks this low,you would be depressed.

Kelvinid

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Quote from: ultrloa on May 14, 2021, 09:37:26 AM

Quote from: chikading2016 on May 14, 2021, 08:24:12 AM

Quote from: Botnake on May 14, 2021, 07:42:47 AM

Quote from: Kong Hey Pakboy on May 14, 2021, 07:34:43 AM

To answer the question, I would be happy that it will go down at 10k since I can buy a lot of bitcoin at a lower price, that's like the opportunity that some of the users have been talking about regarding buying bitcoin and profiting a lot in the future.

Good luck with that, it's a long bull run, we are witnessing something that might not happen for a while again after it will correct and turn into a bear maket. Judging on the current price, it looks like Bitcoin will not fall at $10k again, but, with big market panic selling, anything is possible.

I agree on that mate, i see that bitcoin is now on a bull trend so i think it will never fall into 10k$ this year, but i believe dip will come next to bullish season but i didn't think that it will drop up to 10k$ I am also wishing that it will drop down o 10k$ again for me to buy and hold but i think bitcoin will not fall this year.

Eventhough there are people who want to manipulate and create panic here still that $10,000 is quit far dump to happen, maybe we cannot see that this year since the bull still hitting even if we saw series of dumps happened recently. Maybe we can see now a good recovery so maybe we can still feel the bull and see the bitcoin price surge high.

I believe that people are waiting that time to come at $10k or even it just touches back at $20k. This will have the possibility to happen again but just like you, I couldn't think about it this year. Ain't sure about that but if we understand and analyze the market so well, we are even getting stronger as the market demand continues to grow, from the investors and trading side and as well as the gambling institutions as well. This significant growth gives some insights that Bullrun will still to stay for longer times.

ultrloa

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Quote from: chikading2016 on May 14, 2021, 08:24:12 AM

Quote from: Botnake on May 14, 2021, 07:42:47 AM

Quote from: Kong Hey Pakboy on May 14, 2021, 07:34:43 AM

To answer the question, I would be happy that it will go down at 10k since I can buy a lot of bitcoin at a lower price, that's like the opportunity that some of the users have been talking about regarding buying bitcoin and profiting a lot in the future.

Good luck with that, it's a long bull run, we are witnessing something that might not happen for a while again after it will correct and turn into a bear maket. Judging on the current price, it looks like Bitcoin will not fall at $10k again, but, with big market panic selling, anything is possible.

I agree on that mate, i see that bitcoin is now on a bull trend so i think it will never fall into 10k$ this year, but i believe dip will come next to bullish season but i didn't think that it will drop up to 10k$ I am also wishing that it will drop down o 10k$ again for me to buy and hold but i think bitcoin will not fall this year.

Eventhough there are people who want to manipulate and create panic here still that $10,000 is quit far dump to happen, maybe we cannot see that this year since the bull still hitting even if we saw series of dumps happened recently. Maybe we can see now a good recovery so maybe we can still feel the bull and see the bitcoin price surge high.

Kong Hey Pakboy

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Quote from: Botnake on May 14, 2021, 07:42:47 AM

Quote from: Kong Hey Pakboy on May 14, 2021, 07:34:43 AM

To answer the question, I would be happy that it will go down at 10k since I can buy a lot of bitcoin at a lower price, that's like the opportunity that some of the users have been talking about regarding buying bitcoin and profiting a lot in the future.

Good luck with that, it's a long bull run, we are witnessing something that might not happen for a while again after it will correct and turn into a bear maket. Judging on the current price, it looks like Bitcoin will not fall at $10k again, but, with big market panic selling, anything is possible.

I answered the question did I say that it will happen? You seem to have some problem in terms of reading comprehension. Did I put some analysis that the price is going to go down to 10k USD that you thought that I was wishing that the price go down, OP had a hypothetical question and you should assume that some answers would be hypothetical too.

chikading2016

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Quote from: Botnake on May 14, 2021, 07:42:47 AM

Quote from: Kong Hey Pakboy on May 14, 2021, 07:34:43 AM

To answer the question, I would be happy that it will go down at 10k since I can buy a lot of bitcoin at a lower price, that's like the opportunity that some of the users have been talking about regarding buying bitcoin and profiting a lot in the future.

Good luck with that, it's a long bull run, we are witnessing something that might not happen for a while again after it will correct and turn into a bear maket. Judging on the current price, it looks like Bitcoin will not fall at $10k again, but, with big market panic selling, anything is possible.

I agree on that mate, i see that bitcoin is now on a bull trend so i think it will never fall into 10k$ this year, but i believe dip will come next to bullish season but i didn't think that it will drop up to 10k$ I am also wishing that it will drop down o 10k$ again for me to buy and hold but i think bitcoin will not fall this year.

Botnake

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Quote from: Kong Hey Pakboy on May 14, 2021, 07:34:43 AM

To answer the question, I would be happy that it will go down at 10k since I can buy a lot of bitcoin at a lower price, that's like the opportunity that some of the users have been talking about regarding buying bitcoin and profiting a lot in the future.

Good luck with that, it's a long bull run, we are witnessing something that might not happen for a while again after it will correct and turn into a bear maket. Judging on the current price, it looks like Bitcoin will not fall at $10k again, but, with big market panic selling, anything is possible.

Kong Hey Pakboy

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To answer the question, I would be happy that it will go down at 10k since I can buy a lot of bitcoin at a lower price, that's like the opportunity that some of the users have been talking about regarding buying bitcoin and profiting a lot in the future.

mrhelpful

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It will never drop unless theres bigger people at play continue to wash trades.

Let me remind you about spoofy. If you google spoofy you`ll know why the entity is named "spoofy". Hence spoofing buy orders to reach at a market target price for "them" not for you.

This is a article bookmarked in 2017. Spoofy goes on multiple different exchanges doing the same.

The price of the market is never determined by you unless you can actually dent it.

https://hackernoon.com/meet-spoofy-how-a-single-entity-dominates-the-price-of-bitcoin-39c711d28eb4

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legendary

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Quote from: Distinctin on May 13, 2021, 07:53:08 PM

I'm hoping and asking for that but something out of the sight now, we even not to decline hard. Maybe our chance to buy back at $10k is very slim, but if that moment never comes, I have to push myself to take the big risk of buying at a high price. Because I think we just wasting our time waiting for Bitcoin to drop. As long as the volume of traders and investors won't decline, that will not be going to happen. We will possibly die waiting for te impossible.

No problem thinking like that, I even think that the price of bitcoin is very difficult to even drop below the $ 10k price in these conditions. however, does the potential exist? the answer is still there, we just need to prepare it. however, I think a lot of people will be disappointed by that. yeah, but I really hope the price stays above $ 50k.

nurilham

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I strongly say that I am not happy. The current price is very far from $10K. In my prediction, the bottom price of Bitcoin in the next bearish shouldn't be around $10K. If the price drops severely to $10K, I am a bit unsatisfied. 1 Bitcoin doesn't deserve to have the value $10K after it already reaches the price above $60K.

Distinctin

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I'm hoping and asking for that but something out of the sight now, we even not to decline hard. Maybe our chance to buy back at $10k is very slim, but if that moment never comes, I have to push myself to take the big risk of buying at a high price. Because I think we just wasting our time waiting for Bitcoin to drop. As long as the volume of traders and investors won't decline, that will not be going to happen. We will possibly die waiting for te impossible.

uneng

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Quote from: shoreno on May 13, 2021, 05:28:07 PM

Quote from: uneng on May 12, 2021, 02:55:44 PM

There are advantages and disadvantages in bitcoin hitting 10,000$ and I really can't think if I would be happy or not for that.

why ? your supposed to know your self more . at what rate you accumulate or bought your btc . if its under 10k , its still an advantage for you to sell when price drop at 10k but it will be a disadvantage to buy

Well, as a holder it's always sad to see bitcoin falling, and on the other hand, as a potential buyer, bitcoin near 10,000$ is a great opportunity to buy more coins. The point is that in order to purchase bitcoins, investors like me need to have fiat disponible on that exact moment, what isn't a guarantee. In this case it would be a wasted opportunity. So I really don't know if I would be happy.

Quote from: shoreno on May 13, 2021, 05:28:07 PM

Quote from: uneng on May 12, 2021, 02:55:44 PM

this market's season also causes a lot of bad news about crypto currency and many investors are discouraged to invest in bitcoin, what prevents the called mass adoption from happening, may also slow down many crypto projects, while bankrupting others.

bad news popped up recently but last time we are full of good news and they are bigger than bad news that we recieve . those that leave can come back , adoption and crypto projects can continue .

In the first post I'm saying about bad news that appear during bear seasons and impact bitcoin much more negatively than those bad news which appear during minor corrections and bull runs.

Mahanton

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Quote from: ?? on ??

Quote from: wheelz1200 on May 11, 2021, 07:27:11 PM

Quote from: Questat on March 25, 2021, 07:26:42 AM

Since bitcoin is bullish, I'm thinking what if it will dump, so I would like to know the what people think here.

Are you guys happy if bitcoin will dropped to $10k? and Why?

Give me an honest answer, no spam please.

I mean the real answer is because people can accumulate more. A drop to $10k won't damper the future of bitcoin. If you like bitcoin at $50k then you absolutely love bitcoin at $10k unless you are one of those "love buying the tops and selling the bottoms" type of people 😀

Which means the same set of people will still buy bitcoin for whatever price and same set of people will not buy if the price dumps to 10k. 1. Most of the long term enthusiasts are really rich to buy at any price that could make profit 2. The long enthusiasts still trust the coin and the process, that cycle will turn for profit. It is a money market accepted by larger number of people and brings a lot money

10k isnt something that we can say that Bitcoin popularity and support is over.It can drop back to that level but doesnt mean that its over of it.Of course there would
be people or investor would be seeing this as an opportunity to buy cheaper coins but if the price dipped back to 1k usd per coin then i can surely say that those
enthusiast will really be having doubts or second thoughts on buying it again because we cant really remove into our minds that this might be over
and the time for a new king of crypto.

Stedsm

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@OP, if it becomes possible, the happiest person on Earth will be me because of an opportunity to open a long position from very lower support level but that's not going to happen. I think that max BTC can fall is till $20k (least chances but possible) and when we get BTC so cheap, it's a steal deal for everyone of us to get on the train before we miss it again.

Botnake

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Quote from: ?? on ??

Quote from: wheelz1200 on May 11, 2021, 07:27:11 PM

Quote from: Questat on March 25, 2021, 07:26:42 AM

Since bitcoin is bullish, I'm thinking what if it will dump, so I would like to know the what people think here.

Are you guys happy if bitcoin will dropped to $10k? and Why?

Give me an honest answer, no spam please.

I mean the real answer is because people can accumulate more. A drop to $10k won't damper the future of bitcoin. If you like bitcoin at $50k then you absolutely love bitcoin at $10k unless you are one of those "love buying the tops and selling the bottoms" type of people 😀

Which means the same set of people will still buy bitcoin for whatever price and same set of people will not buy if the price dumps to 10k. 1. Most of the long term enthusiasts are really rich to buy at any price that could make profit 2. The long enthusiasts still trust the coin and the process, that cycle will turn for profit. It is a money market accepted by larger number of people and brings a lot money

As long as there's manipulation, bitcoin will reach a price even beyond our imagination. Maybe we think that bitcoin will not anymore dump $10k, but no, it's not impossible because it happens already in the past, a major correction came and the bear market takes over which resulted in bitcoin dumping below $4k from almost $20k of its ATH. Try to calculate the percentage of drop and you'll see how it's possible to see $10k from the current price.

shoreno

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Quote from: uneng on May 12, 2021, 02:55:44 PM

There are advantages and disadvantages in bitcoin hitting 10,000$ and I really can't think if I would be happy or not for that.

why ? your supposed to know your self more . at what rate you accumulate or bought your btc . if its under 10k , its still an advantage for you to sell when price drop at 10k but it will be a disadvantage to buy

Quote from: uneng on May 12, 2021, 02:55:44 PM

The point is that you can see the bear and the bull market always in a positive way if you think the glass is always half full.

btc right now is more than half a glass and we are expecting for a bull market more than bear .

Quote from: uneng on May 12, 2021, 02:55:44 PM

this market's season also causes a lot of bad news about crypto currency and many investors are discouraged to invest in bitcoin, what prevents the called mass adoption from happening, may also slow down many crypto projects, while bankrupting others.

bad news popped up recently but last time we are full of good news and they are bigger than bad news that we recieve . those that leave can come back , adoption and crypto projects can continue .

uneng

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There are advantages and disadvantages in bitcoin hitting 10,000$ and I really can't think if I would be happy or not for that. The point is that you can see the bear and the bull market always in a positive way if you think the glass is always half full. It's possible to benefit yourself from an expensive bitcoin price, by holding or selling and from a cheap bitcoin, by accumulating more coins.
On the other hand, a bear market isn't totally positive. You can buy cheap coins and that is really good, but this market's season also causes a lot of bad news about crypto currency and many investors are discouraged to invest in bitcoin, what prevents the called mass adoption from happening, may also slow down many crypto projects, while bankrupting others.

Quidat

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Quote from: Tumanggor on May 12, 2021, 12:08:06 AM

Quote from: Ceyflix-Rez on May 11, 2021, 03:47:14 PM

Many will surely say its impossible for BTC to taste the 10k range again but actually it's possible because the market can still be very much manipulated by unknown people or whales, the only way that the crypto millionaires will keep growing is to crash the market and grab what they can and later pump the market again

I don't really understand your sentence, what is a must to grab? Cheesy

Bitcoin can be at any price, no one can control it
I'm not sure there are a bunch of whales controlling the Bitcoin price, maybe just speculation

I'm not happy if Bitcoin drops back to $ 10k because for sure the price of other Altcoins will go down too!

People do love on making presumptions and making out calls something like this but if we do really look up on the price carefully
then its almost impossible that we would be heading back again on 10k price but same as you said that everything could happen
into this market and people would be least expecting on it.

No one will surely be happy on seeing the price heading way back again and start up from the beginning and imagine on how
long we've been waiting up for this situation that we are currently experiencing.Majority will be sad but there are people
will see this as an opportunity.

Tumanggor

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Quote from: Ceyflix-Rez on May 11, 2021, 03:47:14 PM

Many will surely say its impossible for BTC to taste the 10k range again but actually it's possible because the market can still be very much manipulated by unknown people or whales, the only way that the crypto millionaires will keep growing is to crash the market and grab what they can and later pump the market again

I don't really understand your sentence, what is a must to grab? Cheesy

Bitcoin can be at any price, no one can control it
I'm not sure there are a bunch of whales controlling the Bitcoin price, maybe just speculation

I'm not happy if Bitcoin drops back to $ 10k because for sure the price of other Altcoins will go down too!

Topic: Are you guys happy if bitcoin will dropped to $10k? Why? (Read 1344 times)