Bitcoin is going to either $10k or $3k by the end of 2018

gabmen

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Quote from: lalabotax on November 29, 2018, 07:34:11 AM

Quote from: Lmaooo on November 16, 2018, 09:21:08 AM

Well, everybody is expecting the bitcoin price to skyrocket again just like the last year 2017 but instead, the bitcoin is full of surprises. The majority of the people around the world are expecting the bitcoin price to reach $10,000 at least but it is currently going downwards maybe it will fall down to $3000. what is your take on the current bitcoin situation?

now we are witnessing the growth of the market especially for bitcoin, and defeating the assumptions that you say are jumping bitcoin at 10k. we can all breathe a sigh of relief because it looks like yesterday's decline was the last point. yes I hope everything will grow again

Well don't put up your hopes too high dude. Most people, including me, thought that we've bottomed out at 5.8k this year yet a sudden drop placed us under 4k real quick. Hopefully december at least can give us something to be merry about but don't count on it too much.

Dodoymabs

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At the moment, the market is in green mode which we want to happen. It started to see a sign to go up and hoping this could be the start to at least some signs of big bounce.

lalabotax

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Quote from: Lmaooo on November 16, 2018, 09:21:08 AM

Well, everybody is expecting the bitcoin price to skyrocket again just like the last year 2017 but instead, the bitcoin is full of surprises. The majority of the people around the world are expecting the bitcoin price to reach $10,000 at least but it is currently going downwards maybe it will fall down to $3000. what is your take on the current bitcoin situation?

now we are witnessing the growth of the market especially for bitcoin, and defeating the assumptions that you say are jumping bitcoin at 10k. we can all breathe a sigh of relief because it looks like yesterday's decline was the last point. yes I hope everything will grow again

TravelMug

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Quote from: Wilhelm on November 29, 2018, 04:35:29 AM

$5k is starting to look possible

Let's say we try and go for the next barrier which is $4500 first before we talk about the next $5K-$6K. See after the massive sell-off, Bitcoin looks exciting again.

Been trading sideways around the $6k-$6500 barrier its getting boring until the well played Bitcoin Cash ABC vs SV which took everyone off-guard but it looks like we weathered the storm so I wouldn't be surprise if we hit 5 digits before the end of the year, who knows.

Btcvilla

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Quote from: Lmaooo on November 16, 2018, 09:21:08 AM

Well, everybody is expecting the bitcoin price to skyrocket again just like the last year 2017 but instead, the bitcoin is full of surprises. The majority of the people around the world are expecting the bitcoin price to reach $10,000 at least but it is currently going downwards maybe it will fall down to $3000. what is your take on the current bitcoin situation?

it looks like bitcoin won't jump to 10k like you said, FUD has passed, I don't know what will happen next month. but if I see current growth, I have confidence that the first bullrun will come soon

Wilhelm

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$5k is starting to look possible

STT

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Anyone who doesnt have a long term objective or vision for BTC is going to be backing off continually but I'd also argue its upto the crypto sector to give a purpose and utility to this blockchain. Nobody does favours in capitalism, its a market which people will only give so much time and leeway to before writing it off. Its upto developers or companies, whoever is in the space to utilise that time and popularity to grow something real that is no longer subject to speculation but genuine growth and utility.

I believe its possible but I dont know for sure it'll go the way that anyone expects. I generally think many are being far too bearish for a brand new technology sector but theres no guarantee for anyone they will have the idea that benefits from future business

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Nothing is impossible to bitcoin

Thats my general attitude but I just hope I recognise that wave of growth when its happening, the development or area it comes from. More then a few times I know about an idea but I fail because I undervalue the change it can have, going back to first version of windows I personally didnt like it but I knew it helped the public alot. Crypto has to help the public, not just be clever for its own sake

Siren

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Quote from: Lmaooo on November 16, 2018, 09:21:08 AM

Well, everybody is expecting the bitcoin price to skyrocket again just like the last year 2017 but instead, the bitcoin is full of surprises. The majority of the people around the world are expecting the bitcoin price to reach $10,000 at least but it is currently going downwards maybe it will fall down to $3000. what is your take on the current bitcoin situation?

Those who are expecting skyrocket are the cryptonians that enters the crypto community for the sole objective,and that is to make profit and nothing more,theyre the one whos adding more difficulty in rhe value because whenever the price drops they become panicking and sell their coins instead of holding this thats why the market keeps on falling.

But holders are different from this.becaus no matter what happen to prices we will keep on trusting the cryptocurrency

pinoyden

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Quote from: Muzika on November 27, 2018, 04:43:22 AM

Quote from: Lmaooo on November 16, 2018, 09:21:08 AM

Well, everybody is expecting the bitcoin price to skyrocket again just like the last year 2017 but instead, the bitcoin is full of surprises. The majority of the people around the world are expecting the bitcoin price to reach $10,000 at least but it is currently going downwards maybe it will fall down to $3000. what is your take on the current bitcoin situation?

for the 10k price this year is too short so we should expect less so that in the end we will not regret anything it is better to expect nothing rather than much, 3k to 10k is too far even that there is a bull run in the market I think it will reach the 10k mark this year.

Nothing is impossible to bitcoin and it did actually happened all the time that the price can unexpectedly pump even in just a matter of short time but whatever will be the end price of bitcoin this year , i will still be happy and i will still accept it .

you know guys this is not end but rather this is only just a start for a new season because we can see that the price is now ready to attract alot of potential investors .

bitbunnny

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Not so long time ago many expected for Bitcoin to go up to 10000$ or higher. Even now some think it's not to late, that there is enough time by the end of the year.
I don't share such opinion and there are no signs that could would show such fast Bitcoin price recovery in such short period of time, although everything is possible when Bitcoin is involved.
Still having in mind current situation 3000$ is much more likely but I hope this will not happen.

CryptoAssasin

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Possibly, bitcoin could get below $3000 or worst since that price will surely make a massive selling while the whales are enjoying the view getting those bitcoin at a lower price, full their bags and make thousands of dollars after they create a massive buy. This market surely is full of surprises right? Unfortunately, most of these surprises are the bad side of the story.

Wilhelm

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Quote from: Muzika on November 27, 2018, 04:43:22 AM

Quote from: Lmaooo on November 16, 2018, 09:21:08 AM

Well, everybody is expecting the bitcoin price to skyrocket again just like the last year 2017 but instead, the bitcoin is full of surprises. The majority of the people around the world are expecting the bitcoin price to reach $10,000 at least but it is currently going downwards maybe it will fall down to $3000. what is your take on the current bitcoin situation?

for the 10k price this year is too short so we should expect less so that in the end we will not regret anything it is better to expect nothing rather than much, 3k to 10k is too far even that there is a bull run in the market I think it will reach the 10k mark this year.

I think we should be thankful if there is a trend reversal and a sideways slight upward trend.

Muzika

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Quote from: Lmaooo on November 16, 2018, 09:21:08 AM

Well, everybody is expecting the bitcoin price to skyrocket again just like the last year 2017 but instead, the bitcoin is full of surprises. The majority of the people around the world are expecting the bitcoin price to reach $10,000 at least but it is currently going downwards maybe it will fall down to $3000. what is your take on the current bitcoin situation?

for the 10k price this year is too short so we should expect less so that in the end we will not regret anything it is better to expect nothing rather than much, 3k to 10k is too far even that there is a bull run in the market I think it will reach the 10k mark this year.

Herbert2020

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Quote from: TheHas on November 26, 2018, 03:21:47 PM

Quote from: gentlemand on November 24, 2018, 04:32:56 PM

Quote from: BitBustah on November 24, 2018, 04:04:59 PM

Keep dreaming, it won't hit 3k. That is below every miner's cost of production. This forum has been invaded by manipulators that are trying to get people to sell their coins for cheap. When everyone is declaring bitcoin dead it means that this is the best time to buy. My target for the end of this year is between 6500-7000.

No one cares about what it costs to mine other than miners. That ain't anyone's problem but theirs. Any miner who tries to hold back the tide with their funds will get flattened by everyone else. No one entity can turn a market around. They'll be forced to adapt to the price the market dictates.

We're now only $850 away from 3 grand at this particular moment. I don't see any appetite to push upwards at present.

Most gpu miners for coins like ethereum have started pulling out (just look at the difficulty chart) as it cost more to mine than to buy.

I don't think the miner's cost to mine bitcoin will matter that much. Same like mining anything, sometimes miners will have to mothball their operation or mine at a loss in hopes it goes back up. 3k by end of year is possible.

i think the situation with ethereum is a little different though.
there are a couple of problems and fears that is pushing miners away. first of all is the obvious price dump which has been severe and with the price close to $100 it makes making profit very hard.
but also there is ASICs for ETH which is going to kill GPU mining pretty soon so some miners are leaving already. and on top of that there is the threat of algo change which is going to kill mining entirely.

hawkins

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well, it looks like the price of bitcoin has reached $ 3k before the end of the year. well, currently the price of bitcoin tends to decline, so I assume that there is a high probability that the price of bitcoin will decline at the end of the year.

jems

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Quote from: Lmaooo on November 16, 2018, 09:21:08 AM

Well, everybody is expecting the bitcoin price to skyrocket again just like the last year 2017 but instead, the bitcoin is full of surprises. The majority of the people around the world are expecting the bitcoin price to reach $10,000 at least but it is currently going downwards maybe it will fall down to $3000. what is your take on the current bitcoin situation?

In case our prices are closer to $ 3000, this is indeed something that is not expected by everyone but this is what happened. And the current market situation is very uncertain, to be honest I feel very pessimistic about the current market situation.

TheHas

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Quote from: gentlemand on November 24, 2018, 04:32:56 PM

Quote from: BitBustah on November 24, 2018, 04:04:59 PM

Keep dreaming, it won't hit 3k. That is below every miner's cost of production. This forum has been invaded by manipulators that are trying to get people to sell their coins for cheap. When everyone is declaring bitcoin dead it means that this is the best time to buy. My target for the end of this year is between 6500-7000.

No one cares about what it costs to mine other than miners. That ain't anyone's problem but theirs. Any miner who tries to hold back the tide with their funds will get flattened by everyone else. No one entity can turn a market around. They'll be forced to adapt to the price the market dictates.

We're now only $850 away from 3 grand at this particular moment. I don't see any appetite to push upwards at present.

Most gpu miners for coins like ethereum have started pulling out (just look at the difficulty chart) as it cost more to mine than to buy.

I don't think the miner's cost to mine bitcoin will matter that much. Same like mining anything, sometimes miners will have to mothball their operation or mine at a loss in hopes it goes back up. 3k by end of year is possible.

STT

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Why is it either, Bitcoin is famous for its volatility so my scenario most feasible would be the whipsaw effect of 3k and then flip to 10k to throw out the shorts. Where it goes from there is the longer term bullish or bearish argument but I believe even many negative commentators on Bitcoin believe it can still be at 10k and not in the end achieve a positive result in their opinion.

The price is relative to lots of things like costs and ebbs in supply and demand, the holidays of various countries having an effect and all sorts. Its hard to say this move was more then disruption, I dont immediately think it determines longer term direction as we were already not in an uptrend. So it fights on, 10k possible imo

cindygirl

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Quote from: Yamifoud on November 25, 2018, 12:43:38 AM

Quote from: cindygirl on November 24, 2018, 04:05:07 PM

Quote from: WilliamCrum on November 22, 2018, 05:20:02 AM

Quote from: The Seller on November 19, 2018, 12:22:53 AM

The decline that happened a few days ago is not the hope of everyone, but that is the reality. I think for this year (2018) it will be very difficult for bitcoin to break the $ 10k mark.

Naah man, that doesn’t go to happen. Notwithstanding the deadly year passed, these two months have got such huge potential. Bitcoin has now touched the bottom and it is going to touch the extreme up as well.

Like it hit the bottom at $5800? Bitcoin likely hasn't bottomed out yet, there are still many tests for supports to come. $4200 could be the bottom but if TA holds true (it has done so so far) then there will be further dips to at least the $3000s

I'm still believing that crypto will recover slowly after this very tragic way of falling. The entire market still continuously decreasing but it won't be the bottom or going to an end. It probably Btc won't fall into $3k below, thus it currently in the $3800 level. There is 1month before the year end and still be enough to see its recovery.

I believe that also, but i'm not fully convinced that we've reached a bottom yet. I don't think we'll see any meaningful recovery until at least 2019 (talking $6000+). There should be the strongest support yet around 2800, after that the next level is around 1600 but I don't think we'll break 2800. It also helps that the mining cost is around $3000.

cluit

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Well, it looks like it dropped closer to 3 thousand instead of going back to 10 thousand. Which means this was half right but also lets remember it said "either" going to 3 thousand dollars or 10 thousand dollars and we are still a month away from 2018 ending so even though it looks like it would be impossible for bitcoin to reach 10 thousand lately, I still see it going to 10 thousand as a possibility.

Now, I know what you are thinking the price looks closer to 2 thousand instead of 10 thousand but it is still doing a lot of moves so it might go up one day. If the price skyrockets to something decent like 6 thousand or so thanks to whales, the small investors will make it go closer to 10 thousand right away thinking the bull is here. So it can do "both" and not "either" in that case.

Topic: Bitcoin is going to either $10k or $3k by the end of 2018 (Read 1122 times)