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Topic: Are you guys happy if bitcoin will dropped to $10k? Why? - page 9. (Read 1477 times)

legendary
Activity: 2968
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Not that I'm courting danger, but actually yeah, I probably would be shitting my pants at first, but if it does drop to $10k it'll have to be a severe bottom, signalling yet another bull run coming in another few months. You know, like how it was in March 2020. I was crapping for a few moments but the bounce was encouraging, and all signs after as well.

It better damn well happen near my invoicing period though!
legendary
Activity: 3234
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Why are you people finding such strange levels of support? Why 10 thousand? Is 10 a significant level?

$10 000 has always been a very important psychological barrier, and before that the same thing happened with $1000. People are always weak at such numbers, and that will never change. If you ask people what interests them most at the moment, I believe many would ask the question "When BTC $100k"?

I wouldn't be happy because it would mean that something bad is happening to Bitcoin. A drop to 20 thousand would mean a normal bear market bottom, but 10 would break the 10 year market structure. This wouldn't happen without a big event like a world war or something.

There is definitely truth in what you wrote, because such a big correction would mean that something terrible happened, maybe not exclusively related to Bitcoin, but something like declaring a world pandemic. I agree that there is too much money in the game right now, and that it is definitely not as easy to manipulate the market as it used to be.

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

Personally, I wouldn't be happy for the reasons I've already mentioned above, but I would accept it as something that's quite normal when it comes to Bitcoin - I remember a time when its price was below $200, so I wouldn't consider $10 000 an absolute tragedy if I considered only the price as such.
hero member
Activity: 3136
Merit: 591
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Definitely not. $51k is in and likely to go down $50k again. Those who have missed buying bitcoin at the lowest will definitely be happy to see that drop and there will be more FUD again in the market after seeing the price to be down as it is today.
I guess this is already the month that has been compared with the same month last year but this is still way better than that.
hero member
Activity: 2184
Merit: 531
Why are you people finding such strange levels of support? Why 10 thousand? Is 10 a significant level? we held 12 thousand for 4 months straight in 2020 and the 2019 top was 14 thousand so why is 10 such an important low for you? Maybe it's just a random number that came into your heads?

10 is almost impossible now after Tesla, Microstrategy, PayPal, and now also Visa integrating payments. If we could go to 20 thousand in 2017 and to 14 in 2019 before these companies made their moves it's impossible for us to go back there without them exiting.

I wouldn't be happy because it would mean that something bad is happening to Bitcoin. A drop to 20 thousand would mean a normal bear market bottom, but 10 would break the 10 year market structure. This wouldn't happen without a big event like a world war or something.

hero member
Activity: 3052
Merit: 685
Nice voting competition.. 3-3 now..

I would be happy if it will dump so I will make more bitcoin through campaigns, and always it gives me a chance to buy more and be able to pay my loan easily, right now, I really struggle paying it due to a high price of bitcoin so I'm hoping for that time to come, sorry a bit focus on myself but that is my honest answer.
hero member
Activity: 3024
Merit: 614
Leading Crypto Sports Betting & Casino Platform
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.

If Bitcoin dropped to $10k from over $50k this could only mean that the majority of the community have lost confidence in Bitcoin and Cryptocurrency in general, and it will take a lot of work or a big miracle to get the market back to its stable price, I don't want Bitcoin to dropped to that low, Bitcoin has achieved a lot for it to go back where it has started if it will go down $30k, is the reasonable price.
hero member
Activity: 1456
Merit: 940
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The real question, which category you are now?

I don't have many coins and don't have much fiat but I'm stil happy.
You Don't Need Money to Be Happy! Cheesy
legendary
Activity: 1624
Merit: 1200
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I do not see this as question because it is like a question that the answers are already known. If you have a lot of bitcoin already, or altcoins, you will wish the price to crash. If you do not have money to invest when the price fall, you will not care, but if you have money, not invested yet, you will want the price to crash to less than $10000 or below for you to have a proper time to invest for profit.
full member
Activity: 2548
Merit: 217
No I would not be happy, I have plenty of BTC & I’m ready for (wanting) much higher prices. The only people who want the price to go lower are people actively shorting or people who don’t have enough (or any) BTC & want cheap coins.

I’d be happy if we never even saw sub $50,000 again.
yeah it's sad to see that the price still lowering to 52k now and looks like there are still a warning of falling down .
Those people who had sold their coins back in December as weak hands are those people who wanted price to fell down to 10k so they can correct their mistakes and also those Bag holders that loves seeing the price going pumping and dumping .
legendary
Activity: 1890
Merit: 1148
1. If you already Hodl many coins = you don't happy
2. If you don't have many coins & don't have much fiat = you don't happy
3. If you don't have many coins , but have much fiat = you will happy
4. If you Hodl many coins, and have much fiat = you are still happy


The real question, which category you are now?
hero member
Activity: 2982
Merit: 610
No I would not be happy, I have plenty of BTC & I’m ready for (wanting) much higher prices. The only people who want the price to go lower are people actively shorting or people who don’t have enough (or any) BTC & want cheap coins.

I’d be happy if we never even saw sub $50,000 again.

Thanks mate, me I would be happy, I'm not shorting bitcoin but I see that as another opportunity to accumulate as I believe even if bitcoin fall at $10k, it will still make a new ATH and we might be in $100k the next time it will pump.

We don't know what would happen next, we have different interest in short term but in long term we are in common.



Guys don't forget to vote 1-1 so far.
legendary
Activity: 1834
Merit: 1208
I'm happy because I can use that's opportunity to buy every dip, but I'd be more happy if Bitcoin always bullish and reach $1.000.000 (sound to optimistic, but I wish it will come true)

So either dump or pump, it's okay for me.
legendary
Activity: 3556
Merit: 9709
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No I would not be happy, I have plenty of BTC & I’m ready for (wanting) much higher prices. The only people who want the price to go lower are people actively shorting or people who don’t have enough (or any) BTC & want cheap coins.

I’d be happy if we never even saw sub $50,000 again.
hero member
Activity: 2982
Merit: 610
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.
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