Bitcoin comes around | Bitcointalksearch.org

Morgann

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Quote from: marjil on June 23, 2018, 05:09:12 AM

Back in February I remember a whole bunch of dudes saying buy bitcoin, it's an amazing price of $6000 and you'll never see a chance like this again, it will just go up from here and you will be kicking yourself. Then it did indeed start going up over the coming months, it even reached $11000, nearly double they were saying, you've missed the boat.

But look where we are now. We are at the same February low of $6000. My point is history, and prices, all repeat themselves. Opportunities do come round again. I can say to those people that said to buy in Feb that we are at the same point, and the same opportunity is there again.

(Or is it? I know a whole load of people are saying it's going to fall below $6000 and may even reach $5000. So there will be opportunities. Feb was not a special time).

The market is always depending on supply and demand so obviously we should not always think that the market price is always going up and that is the reason why market is profitable for traders its due to its volatility.

putrii

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if bitcoin returns to the price of about $ 5000 again it looks like it is very horrible and many are stuck at high prices hopefully bitcoin prices can go back up and bitcoin prices rebounded so some investors do not suffer huge losses.

thomaseco

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The price inconsistency is the charatteristics of cryptos and we will have accept it. It is natural that the price will go up and down. We will have to grab the opportunities within this in consistency.

Apes

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As people say at 5K is the lowest point .. the fact is that the range can still happen but not everyone wants it and the bear market shock will always be in debate .. This is a new beginning which maybe the second chance that has existed for us to buy at this value ..

Biscutard

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I think this is just a coincidence since it just happens one time and not yet happening in the past. Yet, you may say it goes around, of course because obviously it was all roaming around because of the traders. And this opportunity do comes when Bitcoin will starts to rise again, but as of todays price it isn't the right time but it is the right time to buy.

pereira4

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Quote from: Denker on June 27, 2018, 08:36:59 AM

Quote from: pereira4 on June 27, 2018, 07:21:09 AM

Quote from: hahay on June 26, 2018, 05:43:21 PM

I do not remember exactly what happened in the past years as the OP says. I only have my own analysis if bitcoin prices will not fall lower than $5k and stay at current prices ie in the range of $6k I'm sure bitcoin will recover from now even though we have to wait much longer until the market returns completely recovered.

I would like to see the price going lower than $5000, just to see how miners react to the fact that (supposedly) the price would be lower than production cost of a single coin. What would they do? Would they mine at a loss, or would they try to influence the price into being higher than this hypothetical $5000 floor? For now it seems to be working, Bitcoin refuses to go lower than that price range.

Depending on the rigs and the region some big miners are located, they are already mining at a loss.
In the last episode of the Bitcoin News Show a guy with the name Andrew form the company Hut8Mining said the average price for many miners to be profitable is in the 6000-7000 range. His company however, due to long term agreements, still has plenty of room. He said price could to $2000 until they start to mine at a loss.
So we are already in a tough price region already, from the point of view of many miners.

But these guys possibly don't have the influence and resources to attempt keeping the price higher. I don't see Jihan Wu from Bitmain running his machines at a loss for a long time, they will attempt to keep the price up. He knows many whales with resources to pump the price and make a floor there.

If the price is kept for enough time above that range people will just assume it will never go below there and FOMO will naturally kick because everyone is just waiting with fiat to get in Bitcoin. All these people that learned about it but didn't buy yet want to own some, but they are just mad that they didn't buy cheaper, so they will end up getting in.

Denker

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Quote from: pereira4 on June 27, 2018, 07:21:09 AM

Quote from: hahay on June 26, 2018, 05:43:21 PM

I do not remember exactly what happened in the past years as the OP says. I only have my own analysis if bitcoin prices will not fall lower than $5k and stay at current prices ie in the range of $6k I'm sure bitcoin will recover from now even though we have to wait much longer until the market returns completely recovered.

I would like to see the price going lower than $5000, just to see how miners react to the fact that (supposedly) the price would be lower than production cost of a single coin. What would they do? Would they mine at a loss, or would they try to influence the price into being higher than this hypothetical $5000 floor? For now it seems to be working, Bitcoin refuses to go lower than that price range.

Depending on the rigs and the region some big miners are located, they are already mining at a loss.
In the last episode of the Bitcoin News Show a guy with the name Andrew form the company Hut8Mining said the average price for many miners to be profitable is in the 6000-7000 range. His company however, due to long term agreements, still has plenty of room. He said price could to $2000 until they start to mine at a loss.
So we are already in a tough price region already, from the point of view of many miners.

pereira4

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Quote from: hahay on June 26, 2018, 05:43:21 PM

I do not remember exactly what happened in the past years as the OP says. I only have my own analysis if bitcoin prices will not fall lower than $5k and stay at current prices ie in the range of $6k I'm sure bitcoin will recover from now even though we have to wait much longer until the market returns completely recovered.

I would like to see the price going lower than $5000, just to see how miners react to the fact that (supposedly) the price would be lower than production cost of a single coin. What would they do? Would they mine at a loss, or would they try to influence the price into being higher than this hypothetical $5000 floor? For now it seems to be working, Bitcoin refuses to go lower than that price range.

hahay

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Leading Crypto Sports Betting & Casino Platform

I do not remember exactly what happened in the past years as the OP says. I only have my own analysis if bitcoin prices will not fall lower than $5k and stay at current prices ie in the range of $6k I'm sure bitcoin will recover from now even though we have to wait much longer until the market returns completely recovered.

valentine401

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Quote from: cydrix on June 25, 2018, 07:23:18 PM

Quote from: marjil on June 23, 2018, 05:09:12 AM

Back in February I remember a whole bunch of dudes saying buy bitcoin, it's an amazing price of $6000 and you'll never see a chance like this again, it will just go up from here and you will be kicking yourself. Then it did indeed start going up over the coming months, it even reached $11000, nearly double they were saying, you've missed the boat.

But look where we are now. We are at the same February low of $6000. My point is history, and prices, all repeat themselves. Opportunities do come round again. I can say to those people that said to buy in Feb that we are at the same point, and the same opportunity is there again.

(Or is it? I know a whole load of people are saying it's going to fall below $6000 and may even reach $5000. So there will be opportunities. Feb was not a special time).

Yeah you bet it will but the game changer was happening all of a sudden no one expect this to happen that it will go down as $5000 now the current price are much better than the other months of dump. This month of pump is slowly happening and we need to spread the word that it is time to buy bitcoin I know you know that we will benefit from it too.

The market is volatile because prices are always depending on demand and supply so we can always expect for the price to pump up again after a few months, its already the nature of the market to pump and dump its price so you should be always expecting that.

samycoin

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Quote from: marjil on June 23, 2018, 05:09:12 AM

Back in February I remember a whole bunch of dudes saying buy bitcoin, it's an amazing price of $6000 and you'll never see a chance like this again, it will just go up from here and you will be kicking yourself. Then it did indeed start going up over the coming months, it even reached $11000, nearly double they were saying, you've missed the boat.

But look where we are now. We are at the same February low of $6000. My point is history, and prices, all repeat themselves. Opportunities do come round again. I can say to those people that said to buy in Feb that we are at the same point, and the same opportunity is there again.

(Or is it? I know a whole load of people are saying it's going to fall below $6000 and may even reach $5000. So there will be opportunities. Feb was not a special time).

It's their own prediction but not totally that it will be true. All of us is thinking what will be the price in next few days, weeks or months. No one can say to us what will be. I think buy if the price is low and wait until bitcoin reach what we are waiting for.

Ramtapsbtc

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Quote from: kujaroth on June 23, 2018, 05:44:32 AM

There's a big risk. High risk, high rewards. Crypto is unpredictable. Even though history repeats itself. We wouldn't know when will it happen. But I am still hoping BTC will make a comeback.

Yes mate,thats the only thing we can do now while the market is recovering have faith and patience, true investors would not easily give up, at the very first place we knew how volatile the market is, this is not new to us and this is the nature of cryptocurrency, Bitcoin is Bitcoin it has made a good reputation in the market in a long run,

pereira4

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Quote from: XinXan on June 24, 2018, 01:24:44 PM

Quote from: marjil on June 23, 2018, 05:09:12 AM

Back in February I remember a whole bunch of dudes saying buy bitcoin, it's an amazing price of $6000 and you'll never see a chance like this again, it will just go up from here and you will be kicking yourself. Then it did indeed start going up over the coming months, it even reached $11000, nearly double they were saying, you've missed the boat.

But look where we are now. We are at the same February low of $6000. My point is history, and prices, all repeat themselves. Opportunities do come round again. I can say to those people that said to buy in Feb that we are at the same point, and the same opportunity is there again.

(Or is it? I know a whole load of people are saying it's going to fall below $6000 and may even reach $5000. So there will be opportunities. Feb was not a special time).

Uhm, actually they don't. In february it went from 6k to 12k. After that it crashed again to around 6k, that time it only recovered up to 10k. This time if ''history repeats'' as you say, we would have to see a recovery lower than 10k, possibly 8k. Your argument is a fallacy.

The real pre-December bubble bottom was around September 15, in other words the $2992 ish dip, all the way up to $20000, so if we are able to sustain the current bottom, it would be way easier to reach $20,000 again and potentially go above it.

Look at the chart again and you'll see it only took two months. So in two months we can reach $22,000 ish again, we are able to sustain last February's bottom as the definitive bottom.

Ararbermas

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Activity: 2016

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Crypto is very unpredictable mate and so volatile which is there will be a surprise always without a sign or signal that it will happen soon or later. So must accept the fact and always take the risk 'cause that is how the market plays nowadays . Since there's a lot of factors exist in the crypto market

Proton2233

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Quote from: Inkdatar on June 26, 2018, 09:48:01 AM

Quote from: TomCarpenter on June 25, 2018, 07:34:51 PM

Mainly no one can predict the value surly but they are telling the probability based on this its your matter that you will invest or not because everyone have different thinking also this make people different also this price is down now but we are expecting this will again increase.

Absolutely right no one can predict the prices with bitcoin. We do not know what price it will, opportunity always come so when we see it drops buy btc to invest. These trends since january is not good were waiting for the increase indeed.

I see no reason for such pessimism. Bitcoin is in the correction stage only 7 months. It's small. In the history of bitcoin there were periods of 1 year or more during which the price decreased. I am not sure that now there will be many people willing to invest in bitcoin but I will not sell my coins either. Whales be sure to deploy the trend. We must wait patiently.

Inkdatar

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Quote from: TomCarpenter on June 25, 2018, 07:34:51 PM

Mainly no one can predict the value surly but they are telling the probability based on this its your matter that you will invest or not because everyone have different thinking also this make people different also this price is down now but we are expecting this will again increase.

Absolutely right no one can predict the prices with bitcoin. We do not know what price it will, opportunity always come so when we see it drops buy btc to invest. These trends since january is not good were waiting for the increase indeed.

gabmen

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Quote from: marjil on June 23, 2018, 05:09:12 AM

Back in February I remember a whole bunch of dudes saying buy bitcoin, it's an amazing price of $6000 and you'll never see a chance like this again, it will just go up from here and you will be kicking yourself. Then it did indeed start going up over the coming months, it even reached $11000, nearly double they were saying, you've missed the boat.

But look where we are now. We are at the same February low of $6000. My point is history, and prices, all repeat themselves. Opportunities do come round again. I can say to those people that said to buy in Feb that we are at the same point, and the same opportunity is there again.

(Or is it? I know a whole load of people are saying it's going to fall below $6000 and may even reach $5000. So there will be opportunities. Feb was not a special time).

Well also think that looking back to the market's previous movements would give us a good hint of what to expect. I admit that even i didn't expect that we'd go back to the 6k levels when prices went a little up last april but it did. And the pattern it followed happened not a few times in the past as well.

TomCarpenter

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Mainly no one can predict the value surly but they are telling the probability based on this its your matter that you will invest or not because everyone have different thinking also this make people different also this price is down now but we are expecting this will again increase.

cydrix

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Quote from: marjil on June 23, 2018, 05:09:12 AM

Back in February I remember a whole bunch of dudes saying buy bitcoin, it's an amazing price of $6000 and you'll never see a chance like this again, it will just go up from here and you will be kicking yourself. Then it did indeed start going up over the coming months, it even reached $11000, nearly double they were saying, you've missed the boat.

But look where we are now. We are at the same February low of $6000. My point is history, and prices, all repeat themselves. Opportunities do come round again. I can say to those people that said to buy in Feb that we are at the same point, and the same opportunity is there again.

(Or is it? I know a whole load of people are saying it's going to fall below $6000 and may even reach $5000. So there will be opportunities. Feb was not a special time).

Yeah you bet it will but the game changer was happening all of a sudden no one expect this to happen that it will go down as $5000 now the current price are much better than the other months of dump. This month of pump is slowly happening and we need to spread the word that it is time to buy bitcoin I know you know that we will benefit from it too.

Miller_09

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Price fluctuation is a common nature of this crypto market. That’s why I believe for a new investor its risky for invest a large amount of money in a particular project. But bitcoins performance is good they will come back again with their previous performance.

Topic: Bitcoin comes around (Read 440 times)