Topic: Are you guys ok if BTC ends in the 10k USD range at the end of 2019? - page 3. (Read 807 times)
September 21, 2019, 03:02:00 AM
Well, whats the least we can do? I would be fine as well, than seeing it crashing below 50%. On my edge, I still have some Bitcoin in my bag, I find it hard to accumulate more as the price is a bit higher for accumulation. But, as I've noticed the price wont stay the same longer than atleast the span of 6 months, It will eventually move may it be an uptrend or a downward direction. Also, looking at the speculation thread, a lot of people are giving good feedbacks from positive TA's and less of a FUD, so this may help for the price to close the gap near the ATH.
September 21, 2019, 01:43:19 AM
The monthly average is at 10k and the 50 day average also mostly because yes we've been orbiting 10k for a long time. Right now we are basically just stuck at 10k and barely leaving its confines for more then an hour, which is strange and unlike normal progress in BTC.
So this is a bit like asking if Im ok with the TV floating mid air, sure if it still works and doesnt fall I dont mind but I'm also wondering why the TV would floating in the middle of the room for 3 months for no apparent reason. That question of why is the price so decided on this particular point precisely when actually FIAT currencies vary in value anyway so this nominal price shouldnt be that important. Thats not exactly ok, we are expecting a breakout and it seems like it will wait us out and move when we sleep.
So this is a bit like asking if Im ok with the TV floating mid air, sure if it still works and doesnt fall I dont mind but I'm also wondering why the TV would floating in the middle of the room for 3 months for no apparent reason. That question of why is the price so decided on this particular point precisely when actually FIAT currencies vary in value anyway so this nominal price shouldnt be that important. Thats not exactly ok, we are expecting a breakout and it seems like it will wait us out and move when we sleep.
haha, a funny comparison but a wrong one. in case of bitcoin it is not the first time to see this kind of "stuck" price and it not out of the ordinary. in fact it happens more than you may think. they usually show either accumulation or the undecidedness of the market participants. and are always the transitioning phase from one state to another. for example the $3k stability which lasted ~4 months was the accumulation phase with everyone being afraid and undecided where market got ready to launch towards $6000 in one month and $13k in 2 months.
September 20, 2019, 04:51:40 PM
The monthly average is at 10k and the 50 day average also mostly because yes we've been orbiting 10k for a long time. Right now we are basically just stuck at 10k and barely leaving its confines for more then an hour, which is strange and unlike normal progress in BTC.
So this is a bit like asking if Im ok with the TV floating mid air, sure if it still works and doesnt fall I dont mind but I'm also wondering why the TV would floating in the middle of the room for 3 months for no apparent reason. That question of why is the price so decided on this particular point precisely when actually FIAT currencies vary in value anyway so this nominal price shouldnt be that important. Thats not exactly ok, we are expecting a breakout and it seems like it will wait us out and move when we sleep.
So this is a bit like asking if Im ok with the TV floating mid air, sure if it still works and doesnt fall I dont mind but I'm also wondering why the TV would floating in the middle of the room for 3 months for no apparent reason. That question of why is the price so decided on this particular point precisely when actually FIAT currencies vary in value anyway so this nominal price shouldnt be that important. Thats not exactly ok, we are expecting a breakout and it seems like it will wait us out and move when we sleep.
September 20, 2019, 04:47:20 PM
I would be more then ok, because i am on the accumulation phase and hoping i can get back in before the parabolic rise.
September 20, 2019, 04:30:30 PM
Guys, as we are seeing, we are in a 10k USD range for some time, are you ok if we end this year with this price?
For me, I'm happy because we started the year in a very low price, and BTC reached 13k, falled to 10k and here we are, but the most importart for me it's the stability, it's good to hold the price for some time, without need to worry
I confess that 12k USD will be very, very good
Even the prices weren't okay theres nothing we can do about it but to wait up on what would be the next possible move to happen with BTC.For me, I'm happy because we started the year in a very low price, and BTC reached 13k, falled to 10k and here we are, but the most importart for me it's the stability, it's good to hold the price for some time, without need to worry
I confess that 12k USD will be very, very good
Important thing here is that we do know how to utilize this movements for our benefits or gains.Go for shorts because even if we are on sideways movement
the volatility is always present.Take advantage on it and carefully making positions because its impossible not to get some movement gains.
September 20, 2019, 02:11:00 PM
I would rather see Bitcoin to maintain its price rather than seeing it crumble down so it is fine for me if Bitcoin maintain its price range at around $10k at the end of the year. Remember, it was around $3k range when the year started and growing at around 300% price in just a year is a good thing IMO. And it would be better if ever Bitcoin goes more than $10k before the end year. Everyone likes BTC price to increase, right?
September 20, 2019, 01:45:53 PM
I totally agree that bitcoin price being 10k would be beneficial to everyone involved for now, even if you bought at 13k and sad that it went down you can actually be happy that it didn't fall any further down, at one point people were discussing about 7.2k possibility once again, not too long ago just couple weeks ago that seemed like the reason why bitcoin is not going up and won't until it closes the gap there which is why 10k is better for the people who bought at 13k since it doesn't involve any 7.2k into it. However of course everyone who has bitcoin would love to see it go above 20k once again, that would be dream come true but it would also take a long time as well. I personally want to see bitcoin go up soon because I have none left to buy more.
September 20, 2019, 10:47:51 AM
nice question you got there @op but to answer your question yes i am just like you . i already contented about this price range we have right now and what i love is the stability like you also mention . i think i am more confident to hold my btc this way and earning small stable profits because btc do also increase in a smaller amounts sometimes and then it goes back again at his base which is 10k usd but we dont know to some if they will also prefer this price range but i think many are too assuming and will hope for more price increase .
September 20, 2019, 08:13:31 AM
Now, we have two type of people with about 3 answers to this question according to you. One is people who bought over 10k and they lost money so they are sad, that is an option and an obvious one at that so I can't say anything about it.
The second one is people who bought at 3k and profited, they could be very happy with what they made and that is a good thing because you made almost x4 at one point and now standing at around x3 profit, its good and nobody really can make x3 in 9 months normally so its a one life time thing for most of them.
Third and last is people who bought at 3k and wanted to make more profits, those are the most useless ones because you already made a profit, why would anyone care but they exist. So as you can see it still depends on where you bought since between these 3 options there is 2 different entry points.
The second one is people who bought at 3k and profited, they could be very happy with what they made and that is a good thing because you made almost x4 at one point and now standing at around x3 profit, its good and nobody really can make x3 in 9 months normally so its a one life time thing for most of them.
Third and last is people who bought at 3k and wanted to make more profits, those are the most useless ones because you already made a profit, why would anyone care but they exist. So as you can see it still depends on where you bought since between these 3 options there is 2 different entry points.
September 19, 2019, 08:22:05 AM
Doesn't matter. As long as those who make a profit at $10k then it's a good price. The problem I see is that people wanted more and still hoping that we can see a massive bull run similar to 2017. The whole landscape has changes.
Perhaps if individuals who bought at $10k or above, obviously they wanted to make a profit. But for those who purchase during $3k, is it already a profit, but I'm sure they wanted to maximise their profit and see $15k++.
Perhaps if individuals who bought at $10k or above, obviously they wanted to make a profit. But for those who purchase during $3k, is it already a profit, but I'm sure they wanted to maximise their profit and see $15k++.
September 19, 2019, 04:00:15 AM
The answer to this kinda depends on where people really bought. I mean I could be happy because I bought at $4k but someone else could be sad because they bought at $13k peak times, so $10k all by itself doesn't make a general difference, it is all individual to people who bought bitcoin at different times. Of course, it is going to be great considering we started the year with 3.4k type of prices so no matter where you bought it is at least better than that which makes us all happy however that doesn't mean that we can't want more from bitcoin.
I think eventually this halving will affect the prices and we will see another increase, not that quickly I am sure but I am really waiting on December to be a bull month, maybe not $20k or more but at least $15k range should be done.
I think eventually this halving will affect the prices and we will see another increase, not that quickly I am sure but I am really waiting on December to be a bull month, maybe not $20k or more but at least $15k range should be done.
September 19, 2019, 01:37:19 AM
I bought Bitcoin this year at the price of $4,000 and keep on holding therefore if the price will end at $10,000 then so be it as i already earned much but i just keep on holding as i believe that Bitcoin price will still going to increase of up to $15,000 before this year end and if luckily will hit that mark then i will sell half of it immediately.
September 19, 2019, 12:54:39 AM
I expect it to rise much higher until the end of the year.
The good news explains the price now I think and anticipation of that news. I think in simple way, if we already rose it becomes more difficult to continually repeat that rise. I expect price to adjust for the unexpected and when its known we stay level or even sell some.
Theres several waves and type of buyers, some will buy just before the next move down but I think the most reliable buy is when its closing out shorts who expected the opposite and on previously unexpected developments.
September 19, 2019, 12:20:10 AM
If we finished in the $10K range then in my opinion it would be good for Bitcoin and Crypto in general. Since we spent most of 2018 in the $6K range.
However looking at the charts right now, there was massive selling earlier and looks like we might touch the $9500 support area, and hopefully it holds. If you guys look on Bitmex there was 1 candle on the 1 minute chart which showed over $114,000,000 in US volume which is a record if I recall. Hence there was some nasty selling going on.
Also add the fact that alts were rising. So people are getting out of BTC and heading into alt-coin it seems.
However looking at the charts right now, there was massive selling earlier and looks like we might touch the $9500 support area, and hopefully it holds. If you guys look on Bitmex there was 1 candle on the 1 minute chart which showed over $114,000,000 in US volume which is a record if I recall. Hence there was some nasty selling going on.
Also add the fact that alts were rising. So people are getting out of BTC and heading into alt-coin it seems.
September 18, 2019, 11:37:47 PM
I will continue to think positively about the price of bitcoin at the end of the year which will reach 15k USD in my opinion because the future bitcoin is increasingly showing growth.
September 18, 2019, 11:04:22 AM
Many are all speculating of what Bitcoin market value will be at the end of this year 2019 and no one is very sure of what the end price could be buddy but I will Happy if bitcoin will remain above $20,000 at the end of this year.
Above 20k USD?
For me, it's a very hard mark to beat in this year, I know when BTC starts to rise, no one can stop, but to reach 20k?
It's not an easy thing
September 18, 2019, 08:16:14 AM
At the end of 2018, the BTC price was about $4,000, so if this year the price fixes above $10,000, then this will be a good indicator that the BTC price did not go to $1,000-$1,500 as many opponents of Bitcoin predicted. For me, even the price of $10,000 is low, because I believe that Bitcoin has a growth potential of up to several hundred thousand dollars.
September 18, 2019, 12:43:00 AM
Yes it would be great all I ever wanted for the BTC price before this year ends is to stay at the 5 digit zone.
So even if it would be flat $10K it would be great for me besides I think we all want a slow growth that would stay still rather than another fast paced growth that would end up falling deep down again.
So even if it would be flat $10K it would be great for me besides I think we all want a slow growth that would stay still rather than another fast paced growth that would end up falling deep down again.
September 17, 2019, 03:29:30 PM
Of course I am and I would definitely want it to stay slowly into getting higher when it comes to volatility.
I think that is the safe place for bitcoin to avoid being dealt as a evil coin by so many people and the government.
From 6k to 10k is a 4k difference which is a large sum of money compared to how gold moves.
I bet many hodlers will also be happy about it.
I think that is the safe place for bitcoin to avoid being dealt as a evil coin by so many people and the government.
From 6k to 10k is a 4k difference which is a large sum of money compared to how gold moves.
I bet many hodlers will also be happy about it.
September 17, 2019, 02:32:10 PM
Guys, as we are seeing, we are in a 10k USD range for some time, are you ok if we end this year with this price?
Majority of the users who are here in the market for a long time will not have any issue if the price of BTCitcoin is on a range around $10 k. The people who jumped into bitcoin when the price was rallying must be looking for a much bigger price, i personally never expected this sort of price range too soon and i am more than happy with the way the market is performing. Many investors from Wallstreet will join the league and probably more people outside this business will also enter the market.
Wall street money is already there in bitcoin and if not you will not see a price like this in a short period in my opinion considering the market is less than 10 years old. Jump to: