Are you guys ok if BTC ends in the 10k USD range at the end of 2019? - page 4.

matchi2011

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Quote from: rdluffy on September 17, 2019, 01:09:47 PM

Quote from: leowonderful on September 16, 2019, 05:46:17 PM

I'd be just fine with that. Holding near the $10k range would be much higher than holding $6k before we dropped off to the $3ks last year, and my average cost of entry is significantly lower than $10k, so I'm still comfortably in profit personally. I'd love if we happened to break out of the triangle we're currently in like (almost) everybody else here, and I do expect a significant response from this pattern, but I wouldn't be too disappointed if we happened to go sideways for the rest of the year (which I don't really think will happen).

(which I don't really think will happen)
I think I'm the only one who expects a sideway market for the end of the year, everyone is waiting for a pump or a dump, but I'm feeling we'll keep this price for some months, maybe a spike because bakkt

That can be a good reason for the pump to happen aside from the expected halving next year, there's no accurate predictions since the volatility still have the big factors inside the market, people who's willing to wait and take the risk will keep holding and patiently waited for the good outcome to showed up, it's about how you manage to do your homework and continue to proceed with your anticipating view.

Kotone

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Not happy with that range of price. More good news pouring in such as Bakkt launching, Libra commencement, and other improvement on the altcoins will boost price of BTC, well if there will be a bullish bull season, everyone knew it will be btc that will lead the way. So I'm pretty sure this year that btc will be above 15k USD at least. Many investors from Wallstreet will join the league and probably more people outside this business will also enter the market.

rdluffy

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Quote from: leowonderful on September 16, 2019, 05:46:17 PM

I'd be just fine with that. Holding near the $10k range would be much higher than holding $6k before we dropped off to the $3ks last year, and my average cost of entry is significantly lower than $10k, so I'm still comfortably in profit personally. I'd love if we happened to break out of the triangle we're currently in like (almost) everybody else here, and I do expect a significant response from this pattern, but I wouldn't be too disappointed if we happened to go sideways for the rest of the year (which I don't really think will happen).

(which I don't really think will happen)
I think I'm the only one who expects a sideway market for the end of the year, everyone is waiting for a pump or a dump, but I'm feeling we'll keep this price for some months, maybe a spike because bakkt

BitcoinHunt3r

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I agree with stability. No matter how much it's price i think if stable will be good. And like what people already know bitcoin halving is event that people's wait and they believe bitcoin price will be very positive in future.

Capt00

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Having that price ($10k) is really satisfying for me, it is big enough compared the price when we end up last year. It is already a profitable price if we bought Bitcoin during the bear season, it something that we doubled it already. I don't know there is a reason to complain about this price instead, we must be happy cause we even survive from the market struggles and we end up like this.

leowonderful

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I'd be just fine with that. Holding near the $10k range would be much higher than holding $6k before we dropped off to the $3ks last year, and my average cost of entry is significantly lower than $10k, so I'm still comfortably in profit personally. I'd love if we happened to break out of the triangle we're currently in like (almost) everybody else here, and I do expect a significant response from this pattern, but I wouldn't be too disappointed if we happened to go sideways for the rest of the year (which I don't really think will happen).

Wilhelm

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Quote from: rdluffy on September 16, 2019, 05:41:06 PM

Quote from: SquallLeonhart on September 16, 2019, 04:20:09 PM

I am not okay with. As 2020 has been pumped up so much that I am afraid it may not be living up to the hype at the same time and I will be disappointing with it. Even if we reach to 15k or so people will want the all time high and work for it and if it doesn't come than they will start selling once again and we will fall again.

So, hyping up a whole year is a very dangerous situation, you can turn out to be right or you can turn out to be wrong, if you are right everything is great, if you are wrong than you will be let down and when that let down happens to thousands of people (even tens of thousands) it has a collective affect on the price. Yes the halving will happen, yes we are looking bullish, but none of that means it will go x2 or more in a year, it only means there is an upside to the price.

I don't think people will start to sell BTC if doen't hit ATH this year
The next big event is the halving next year, and I agree with you but only next year

Most people here in thread are saying they are ok with this price for this year

Anybody who has invested in bitcoin a while ago should be running profits.
These profits at $10k should be great. But could be greater Wink

rdluffy

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Quote from: SquallLeonhart on September 16, 2019, 04:20:09 PM

I am not okay with. As 2020 has been pumped up so much that I am afraid it may not be living up to the hype at the same time and I will be disappointing with it. Even if we reach to 15k or so people will want the all time high and work for it and if it doesn't come than they will start selling once again and we will fall again.

So, hyping up a whole year is a very dangerous situation, you can turn out to be right or you can turn out to be wrong, if you are right everything is great, if you are wrong than you will be let down and when that let down happens to thousands of people (even tens of thousands) it has a collective affect on the price. Yes the halving will happen, yes we are looking bullish, but none of that means it will go x2 or more in a year, it only means there is an upside to the price.

I don't think people will start to sell BTC if doen't hit ATH this year
The next big event is the halving next year, and I agree with you but only next year

Most people here in thread are saying they are ok with this price for this year

beerlover

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I am more than okay about it, I would be super happy about it, I have been literally waiting for bitcoin to get to 10k for a long time and ever since it did I have been super pumped about the potential of bitcoin.

People only look at the price of bitcoin at the current stage and never really look beyond that and how it can affect the future of bitcoin as well. Like having bitcoin at 10k right now means a lot better than having bitcoin at 4k right now for 2020. Not even like the current price and how we should trade right now or anything, look beyond today, the price we have right now shapes our whole future, and that is why I love bitcoin at 10k, I would love it if it was even higher but I am super happy that its not anything under like 3-4k it was just 6 months ago.

SquallLeonhart

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I am not okay with. As 2020 has been pumped up so much that I am afraid it may not be living up to the hype at the same time and I will be disappointing with it. Even if we reach to 15k or so people will want the all time high and work for it and if it doesn't come than they will start selling once again and we will fall again.

So, hyping up a whole year is a very dangerous situation, you can turn out to be right or you can turn out to be wrong, if you are right everything is great, if you are wrong than you will be let down and when that let down happens to thousands of people (even tens of thousands) it has a collective affect on the price. Yes the halving will happen, yes we are looking bullish, but none of that means it will go x2 or more in a year, it only means there is an upside to the price.

buwaytress

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Quote from: Wilhelm on September 16, 2019, 08:23:18 AM

Best case scenario is $1M by 2021 but that's me .... Wink

Quote from: BrewMaster on September 16, 2019, 11:53:59 AM

i wouldn't call that a "best case" really!

I probably should explain that my best case scenario is purely fantasy, although attempting also not to sway too far away from what's realistic and possible (though I know those two are anything but the traits of Bitcoin!).

So my "rational fantasy" wants me to have 1 BTC to fully enjoy that 1 million dollars, so I still need BTC to stay as low as possible first Wink

I know, I'm so selfish!

But I would be sad (really!) to see BTC at $1 mill and not be able to take advantage, right guys?

BrewMaster

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yeah if we reach a good stability and stay at $10k price, it would be a very great opportunity for all the bitcoin accumulators for two reasons:
1, you can buy bitcoin at this cheap price before it shoots up.
2, the altcoins get their biggest pumps when bitcoin is stable and fall when it is rising or falling. so you could drastically increase your bitcoin stash if you are into shitcoin trading.

Quote from: buwaytress on September 16, 2019, 08:22:03 AM

Probably best case scenario is to dip again to 8k. Ending a year at 10k after earning a month or two in that dip would ve a nice Christmas.

i wouldn't call that a "best case" really!
a small drop, sure. but to me a drop of that magnitude to $8k at this point that there is no more reason for it shows that the manipulation in bitcoin market is still very strong and can control the price from time to time.

Wilhelm

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Quote from: buwaytress on September 16, 2019, 08:22:03 AM

Yeah, 100% happy. Of course, anyone could be happier, for me I don't make it a secret that I consider myself belated to the game and always cheer for low prices since I earn in btc. 3k price? That was a dream that didn't last but already anything I earned then is 3x as valuable today.

Probably best case scenario is to dip again to 8k. Ending a year at 10k after earning a month or two in that dip would ve a nice Christmas.

Best case scenario is $1M by 2021 but that's me .... Wink

buwaytress

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Yeah, 100% happy. Of course, anyone could be happier, for me I don't make it a secret that I consider myself belated to the game and always cheer for low prices since I earn in btc. 3k price? That was a dream that didn't last but already anything I earned then is 3x as valuable today.

Probably best case scenario is to dip again to 8k. Ending a year at 10k after earning a month or two in that dip would ve a nice Christmas.

Wilhelm

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$3k is a wet dream, your chances of waking up with two hot chicks in your bed is higher.

Red-Apple

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i highly doubt that could happen. we are talking about price stability of bitcoin for a very long time considering this stable price state started a while ago and has been going on ever since then.
additionally since bitcoin is already on the rise for this year and we have the upcoming year which is THE rise year for bitcoin after all this downtime, i think reaching at least 50% higher than the current price to $15000 is a reasonable assumption.

Jating

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Of course, why would we complain? We have seen the lowest price at $3200 last December 2018 and ending up at the $10k range would be great right?

But the thing is, we could end up more than $10k or suffered another dramatic spiral to $3k, so we really don't know what's going to happen at the end of the year. Better yet, not to expect something great so that we won't be disappointment.

NeuroticFish

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Quote from: rdluffy on September 15, 2019, 09:19:36 AM

are you ok if we end this year with this price?

How comes you ask about this range? There are good news piling up, I expect it to rise much higher until the end of the year.

However, to answer you, for me personally the current levels are also more than OK.
Actually, even if it would fall to the levels from the start of this year, I trust Bitcoin enough to "know" it would recover.

Lucius

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Quote from: The Sceptical Chymist on September 15, 2019, 10:15:03 AM

Everybody seems to want it to rocket to the moon as fast as it can, but that isn't healthy or sustainable. I'd rather not see a repeat of the Mt. Gox bubble or the 2017 one, and yes, I think both would qualify as bubbles.

I think periods of stability like this have their role in long-term price formation. We are not see anything new these days, the only thing which is different today is the number of mined coins and coin price. Next big bull run will also very likely end with big correction, same as before for the same reason - people will take profits like always. Some people have an exit point at $30k, others at $50k or $100k.

Quote from: The Sceptical Chymist on September 15, 2019, 10:15:03 AM

That's pretty precise odds you're giving. You could be right, but who knows.

That's just my personal opinion, everything in life can be displayed in some percentage. I am more convinced that we are moving towards a time where positive things will happen, which will result in a price increase. However, it is realistic to leave the possibility that something bad can happen (hack of big exchange, Trump go crazy and ban BTC in USA, or new economic crisis drag BTC down), so this 30% makes sense to me personally, although this is pure speculation only.

LUCKMCFLY

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Quote from: rdluffy on September 15, 2019, 09:19:36 AM

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 Grin

I agree with you, although I believe that this time we will finish at $ 12K or more, this due to the start of BAKKT on September 23, which will bring new investors to the market, and will be with a different perspective than we have seen in the long From this story that takes 10 years, Bitcoin can be expected of a worldwide acceptance turnaround, just as they are doing now, worldwide news makes people know more and this attracts more participation, which if increases demand and supply decreases, the price increases and it will be very difficult for it to fall.

Topic: Are you guys ok if BTC ends in the 10k USD range at the end of 2019? - page 4. (Read 807 times)