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Topic: Bitcoin at 20 000$ tomorrow? - page 8. (Read 2585 times)

full member
Activity: 434
Merit: 100
June 24, 2018, 09:50:04 AM
Its not troll topic. Its math speculation and opening to bigger discussion.

Now let me explain this nonsense from topic:

Currently we have 17 mil bitcoins according to statistics 4-6mil are already lost(forgotten pasword, burned during wrong transfers etc). That gives us 11 mil of bitcoins. Few mils are stuck on wallets where they have to be (for example mt gox wallet), on longtime hodlers etc. Lets say that we have 8 mil of bitcoins that can be possibly dump.

Now imagine that 1 whale came to the market tommorow and set buy order on 20k with 2 mil coins (500k to eat walls and 1500k to show that you are not the gay that others want to mess with Smiley Smiley) - 40 bil offer.  Is it possible? - Warren Buffet has 80 bil $. Most of them are locked in investition but its only example Smiley
How many of those 8 mil would be dumped in this situation? How many fomo investors will jump in? I think that those 1.5 mil coins wont be eaten (many investors seeing that big wall wont sell). Some of traders will move their offers obove that huge wall to be able to trade at all. What if he would do this pump after first good news (redtube supports bitcoin  Smiley Kiss ). Society will make dozens of video and posts on forums that this caused bitcoin to moon.

Why would he do that?
Imagine he already have 1 mil coin bough from 5-5000$ (this makes 7 mil not 8 possible to dump). Selling them now will caus huge dump. After this huge pump he would be able to dump everything on higher prices.

Shittalk and noone would do that?
This scenario happend in smaller scale 12 april 2018 when we had pump from 6900 to 8000 in 30 min. Someone just came to the market and said :"From today we trade at levels 8k+. If anyone disagree you are out of trading for next months". Some of traders and holders disagree and tries to dump their coins on him (thats why second candle after this pump was short with high volume).

Im not talking that this will happen tommorow. I post this math speculation to show you guys that in trading world nothing is ceraint. Even best analysis wont predict you from whales that can change market dramatically.
Good aspect of this is that its imposible to do that in south direction. Because if someone would use his few mil bitcoins to dump to 1$ there will be whales who would buy his few mil cos for few mil $ and stop this.

We have supports, resistances, trendlines, RSI but they have money. We should start to think like a whale. Thinking where he is trying to trick us. Where he is prepering for big moves etc. Alwais after any analysis try to think beafore transaction "isnt it a whale who is trying to push me into this trade by showing buy oportunity?"


This was posted for a week now but still the bitcoins haven't been at least the half of the 20k that you are saying. I want for the bitcoins to be in that place but of course I am just being realistic that the bitcoins will not be in 20k even in the end of the month. But still I am hoping that the bitcoins will be 20k before the year ends because I think a lot of people are hoping that to happen. It is just hard for the bitcoins to be in that place that quick they judt cannot because it takes a lot of people to have that price and unity cannot take place without an agenda.
jr. member
Activity: 308
Merit: 3
The Premier Digital Asset Management Ecosystem
June 24, 2018, 09:04:42 AM
Bitcoin at $ 20,000 tom  torrow? Oh, how wonderful for investors what you think about what we hypothesize they will heat up the bitcoin market as well as altcoin so it very nice  tomorrow
hero member
Activity: 3052
Merit: 651
June 24, 2018, 09:02:44 AM
Thats a far away specualtion in my own belief.
That price may have almost reached by bitcoin but I think there are some errors with that or is it just tooo much hyped with the people or whales.

Let us just be real and look at it at a good way.
If you go to that price a lot of questions will be thrown leaving a scar or worse could be the end of the crypto currencies.
Once bitcoin goes down everything will fall.
full member
Activity: 686
Merit: 100
June 24, 2018, 08:56:38 AM
#99
Its not troll topic. Its math speculation and opening to bigger discussion.

Now let me explain this nonsense from topic:

Currently we have 17 mil bitcoins according to statistics 4-6mil are already lost(forgotten pasword, burned during wrong transfers etc). That gives us 11 mil of bitcoins. Few mils are stuck on wallets where they have to be (for example mt gox wallet), on longtime hodlers etc. Lets say that we have 8 mil of bitcoins that can be possibly dump.

Now imagine that 1 whale came to the market tommorow and set buy order on 20k with 2 mil coins (500k to eat walls and 1500k to show that you are not the gay that others want to mess with Smiley Smiley) - 40 bil offer.  Is it possible? - Warren Buffet has 80 bil $. Most of them are locked in investition but its only example Smiley
How many of those 8 mil would be dumped in this situation? How many fomo investors will jump in? I think that those 1.5 mil coins wont be eaten (many investors seeing that big wall wont sell). Some of traders will move their offers obove that huge wall to be able to trade at all. What if he would do this pump after first good news (redtube supports bitcoin  Smiley Kiss ). Society will make dozens of video and posts on forums that this caused bitcoin to moon.

Why would he do that?
Imagine he already have 1 mil coin bough from 5-5000$ (this makes 7 mil not 8 possible to dump). Selling them now will caus huge dump. After this huge pump he would be able to dump everything on higher prices.

Shittalk and noone would do that?
This scenario happend in smaller scale 12 april 2018 when we had pump from 6900 to 8000 in 30 min. Someone just came to the market and said :"From today we trade at levels 8k+. If anyone disagree you are out of trading for next months". Some of traders and holders disagree and tries to dump their coins on him (thats why second candle after this pump was short with high volume).

Im not talking that this will happen tommorow. I post this math speculation to show you guys that in trading world nothing is ceraint. Even best analysis wont predict you from whales that can change market dramatically.
Good aspect of this is that its imposible to do that in south direction. Because if someone would use his few mil bitcoins to dump to 1$ there will be whales who would buy his few mil cos for few mil $ and stop this.

We have supports, resistances, trendlines, RSI but they have money. We should start to think like a whale. Thinking where he is trying to trick us. Where he is prepering for big moves etc. Alwais after any analysis try to think beafore transaction "isnt it a whale who is trying to push me into this trade by showing buy oportunity?"


Bitcoin to 200,000  Grin Grin lol, pure speculation no real support at the moment. I dont want to sound fudding or what but if we're basing about bitcoin current state with little adaptation I doubt that we can hit 20,000 this YEAR, bitcoin need this pull backs and regulations before going massive!
newbie
Activity: 98
Merit: 0
June 24, 2018, 07:26:02 AM
#98
Today, the price of BTC is extremely difficult to reach, so it is unlikely that such a price will last forever. At present, the price of BTC is below $ 6,000. and they may continue to fall. Do not expect too high you will miss many opportunities at an ideal price.
full member
Activity: 184
Merit: 100
Crypto Lady
June 24, 2018, 06:03:19 AM
#97
Oh, it's certainly all good to sit down to talk.
But while the price of bitcoin every day is lower and lower. And something tells me it's not a side chapel. The main thing is that those who manage it did not go too far and the whole community finally believed that all this is the end)
member
Activity: 294
Merit: 14
June 24, 2018, 05:20:26 AM
#96
Now Bitcoin price is declining and updated the price minimum of 2018. I think that it is possible that now large players are buying up at a low price, and when all other market participants believe that the price will continue to decline, they will exit to USDT or open SHORT positions, the price may turn upwards. Then there are people who want to "jump into the outgoing train" which will only increase growth. I'm sure that we'll see a price higher than $ 20000
copper member
Activity: 1815
Merit: 1004
PredX - AI-Powered Prediction Market
June 24, 2018, 05:05:05 AM
#95
Many expert predict the price of BTC will going up to $50K in the end of this year , and i agree with this prediction because as we know the price possible to going up 10 times just in a few month. Although the price still in bearish trend but i think this is will be end soon, and will reversal going up again.


50k$ is not possible this year because US opens a department to monitor price manipulators we can predict that by the end of 2018 we will see bitcoin at 18k$ to21kk$ may be i am wrong but that is what i conclude form statements of analyst.
full member
Activity: 420
Merit: 102
June 24, 2018, 04:21:40 AM
#94
Many expert predict the price of BTC will going up to $50K in the end of this year , and i agree with this prediction because as we know the price possible to going up 10 times just in a few month. Although the price still in bearish trend but i think this is will be end soon, and will reversal going up again.
member
Activity: 546
Merit: 33
Rasputin Party Mansion
June 24, 2018, 04:02:07 AM
#93
In these days there are all kind of predictions... lot of experts talk about a bright future about 60k, 100k and beyond.
But practically BTC lost 25% in just some weeks, and it seems that the trend has no intention to stop.
I hold, but I feel a little nervous...
jr. member
Activity: 126
Merit: 1
June 24, 2018, 03:23:13 AM
#92
i'm hoping it will gonna show up quickly due to the fact that is the main cause why I be a part of cryptocurrency.i used to be genuinely planning to shop for BTC and i am nevertheless hoping it go down a chunk so i can start buying.but I suppose it may not drop anymore because marketplace fee is now starting to rise up.I better purchase now so that i'm able to earn large earnings while it reaches $20K.
jr. member
Activity: 61
Merit: 1
June 24, 2018, 01:36:44 AM
#91
yeah bitcoin can 20K reach soon, but need time, i predict next year mid, BTC passed 20K or more
legendary
Activity: 1540
Merit: 1016
June 23, 2018, 06:12:58 PM
#90
If one investor has enough money, he/she can increase the price to past 20000 dollars. But then the price will go down to 5000 in a matter of hours.
sr. member
Activity: 994
Merit: 257
Best Bitcoin Casino www.coinsaga.com
June 23, 2018, 05:37:53 PM
#89
It really seems like impossible with the market right now it has been moving down for a long time we all see it has been fighting but the demand for it is really decreasing,
The market is crashing and people wants to get out instead of supporting Bitcoin they are throwing it away seems like the people who got in when the price was increasing are now leaving.
sr. member
Activity: 602
Merit: 250
June 23, 2018, 05:00:50 PM
#88
With traditional financial institution banking on bitcoin. The grass is greener on the other side when cryptocurrency trading desk are offered. With that being said as Thomson Reuters claims, 53 traditional financial institutions are bringing cryptocurrency into their system. Hence, month october will surely be a wild ride for the Bull market in cryptocurrency. Stay tuned!

Wow this is really a nice and successful achievement I am sure after this kind of act we are going to see bitcoin at the top most expensive currencies so buy some coin right now we are gonna lose the opportunity of selling at lowest price, buy now after some day bitcoin will pump up so high so get the chance have satisfactory profit.
member
Activity: 182
Merit: 10
June 23, 2018, 04:08:30 PM
#87
Anyway I would not be lucky enough to catch those trains because I dont own many of Bitcoin right now,  but it would be great to know I'd 2017 that it would go so high, and previously to buy for a good price that it was.
member
Activity: 280
Merit: 28
June 23, 2018, 03:50:15 PM
#86
I don`t think that bitcoin will be able to catch up so quickly. Crypto currency needs time to restore and strengthen its position in the market. Large investors must return to the game again, and for this they need to see new perspectives in bitcoin. Such events do not occur in a single day.
full member
Activity: 336
Merit: 100
June 23, 2018, 03:43:52 PM
#85
BTC price will still rebound and pass the ATH of 2017 possibly before the end of 2018.
5 months is a lot of time but it'll require a lot of demand before we would be able to reach a new high. This year I don't see it happening because of the whales manipulating the price. I'd say it's a miracle if we hit $15,000 with the way things are going the highest we'll probably see is somewhere $10,000~. Also I hope that we don't see the price go back up there for the second time because people will surely complain about the fees being too expensive.

As far as I can see on the forum recently most of the guys are predicting that we would be hitting low until the end of this year 2018 maybe even at the beginning of the next 2019 year, and only then would be some growth spotted.
sr. member
Activity: 616
Merit: 263
June 23, 2018, 01:36:18 PM
#84
Right now, Bitcoin is in quite a big decline, as I'm sure most of you are aware it's down around 65% since last Dec. Of course, climbing out of such a significant downtrend will probably take longer than it took to initially fall. Currently, even if it increases at a rate of 5% per month, it would still take over a year to reach its all time high (ignoring compounding). However, if you managed to perform a few successful trades during a short period, by carefully watching the markets, you could easily turn 1 BTC into about 3.
legendary
Activity: 1512
Merit: 1041
June 23, 2018, 12:46:25 PM
#83
Hey OP, you made some good point but some are not actually stuffs that can play in reality. However, I love what you said in the conclusion the more which is the idea of thinking like whales. One thing I have always noticed though is that whales will never sell at the bottom and would rather be stashing up.

Now, I do not expect any whale to just move the market up pretty fast like that by just buying up all the sell-walls as the period of accumulation will be used in doing that and they leave the traders to do the rest by trying to instigate some movement.
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