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

hero member
Activity: 1246
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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.
full member
Activity: 602
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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.
full member
Activity: 1582
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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
hero member
Activity: 2632
Merit: 833
$5k is starting to look possible Smiley

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.  Smiley
sr. member
Activity: 1078
Merit: 270
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
legendary
Activity: 1652
Merit: 1265
$5k is starting to look possible Smiley
STT
legendary
Activity: 4102
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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

Quote
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
sr. member
Activity: 826
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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
full member
Activity: 756
Merit: 102
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 .
legendary
Activity: 2912
Merit: 1068
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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.
jr. member
Activity: 308
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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.
legendary
Activity: 1652
Merit: 1265
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.
sr. member
Activity: 980
Merit: 261
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.
legendary
Activity: 1946
Merit: 1137
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.
hero member
Activity: 1204
Merit: 500
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.
sr. member
Activity: 854
Merit: 250
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.
full member
Activity: 616
Merit: 167
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
legendary
Activity: 4102
Merit: 1454
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

full member
Activity: 280
Merit: 105
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.
legendary
Activity: 1176
Merit: 1016
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.
full member
Activity: 812
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It's already under 4k. So I don't know are you even checking cmc. Its just depressing since the fork we are hitting new lows and mainstream media are spreading fud...

The fork just happened at the wrong time of the year and people who had planned that they could make some money and have the vacations went for the toss as market has fallen from 5k to below 4k and this is not a good sign. But yes those who have money should be buying at this rates and with some upward movement one can still make money before the year end and enjoy the 2018.
full member
Activity: 1582
Merit: 132
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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 presented with a downward trend and fud which is developed in a structured manner so that panic can continue to suppress the price of bitcoin. this will happen next month, I'm sure.
it is very difficult to predict that bullrun will occur especially in December, I still study it and analyze it and there is no growth indicator to move high. but anything can happen because bitcoin is magical
full member
Activity: 688
Merit: 101
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?

yeah, instead of rising from the dip it still stock at the dip and digging more deeper. this year is the year of trials for us investors, filtering investors who still holding tight and believing in bitcoin. i think by the end of the year (2018) bitcoin touch to $3000 below, and no one else can tell what will happen next.
member
Activity: 518
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It's already under 4k. So I don't know are you even checking cmc. Its just depressing since the fork we are hitting new lows and mainstream media are spreading fud...
sr. member
Activity: 1050
Merit: 251
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.

I was think price is safe around 6000$ and it will stay there before it start to rise, but we can see that in case of BTC there is no such thing as this is 100% lowest price or bottom. Price is drop sharp in amounts of 500$ or more and 3000$ is just next target we can expect. Miners can only take out the money out of the mattress or other hideouts and start to buy BTC trying to reverse this trend, but I doubt this can help in this moment.

Is this one big bull trap or BTC is going to the point where last bull run is start? I personally do not think that it is not impossible that this crypto train is back to the starting station marked with 1000$ sign.
I believe that it won't go down below 4k nor go higher to 10k, range would be 6000-7500. There are few more days to come before  year ends and I don't think it's that easy to reach 10k by that short span of time. End the year is fast-approaching, but I'm hopeful that there's a slow recovery of the price, where investors and traders won't be left behind. Let's stay patient that by the end of the year a positive surprise is set to take place for all Bitcoiners.
legendary
Activity: 3234
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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.

I was think price is safe around 6000$ and it will stay there before it start to rise, but we can see that in case of BTC there is no such thing as this is 100% lowest price or bottom. Price is drop sharp in amounts of 500$ or more and 3000$ is just next target we can expect. Miners can only take out the money out of the mattress or other hideouts and start to buy BTC trying to reverse this trend, but I doubt this can help in this moment.

Is this one big bull trap or BTC is going to the point where last bull run is start? I personally do not think that it is not impossible that this crypto train is back to the starting station marked with 1000$ sign.
jr. member
Activity: 916
Merit: 1
From April 2018 I am waiting for BTC to cross 10000$, but for very short time it was around 10K$ then it started its downward movement. Now I think BTC is going to touch 2000$ soon. This surprise will be wonderful for all crypto traders as it has already made the mind of people. Hoping to see 2K$ in November 2018.

Why do you hope in bitcoin falling? What is positive about it?
I also think it will continue to fall, but I hope in better days.
full member
Activity: 1064
Merit: 112
The sudden dump is only a test cause there is no bad news on bitcoin and yet it went down.  This happening on bitcoin right now will determine who are the risk takers  and the weak hands.
yeah i agree on your statement. That this is just  another test for a true holders.   Because indeed  this situation is always happened even before. wherein unfortunately no one knows until now that despite is just correction  to manipulate the price back to the current ATH. So good luck to those who dump even had losses lol.
member
Activity: 462
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From April 2018 I am waiting for BTC to cross 10000$, but for very short time it was around 10K$ then it started its downward movement. Now I think BTC is going to touch 2000$ soon. This surprise will be wonderful for all crypto traders as it has already made the mind of people. Hoping to see 2K$ in November 2018.
hero member
Activity: 1582
Merit: 523
The price of $ 10000 I think is difficult to happen at the end of the year, maybe bitcoin can still fall to more than $ 3500. Keep calm, even though in 2018 bitcoin is dying, therapy in 2019 will have a recovery.
I think by year 2019 price can recover but to see the current status their is the possibility to hit 3k. This is very bad condition yet let us hope bitcoin will goes to the moon by next year.
hero member
Activity: 2828
Merit: 518
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.
legendary
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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.
full member
Activity: 280
Merit: 105
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
hero member
Activity: 1218
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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.
copper member
Activity: 275
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The price of $ 10000 I think is difficult to happen at the end of the year, maybe bitcoin can still fall to more than $ 3500. Keep calm, even though in 2018 bitcoin is dying, therapy in 2019 will have a recovery.
hero member
Activity: 3164
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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?
I think it will not fall down to $3000, hopefully not because I don't see that it will fall down even more this year. Yes, a lot of us are expecting bitcoin to rise up by end of year but I don't also think it will take again like last year, maybe it was just around the average of $5000-$6000. In my opinion, $10k this year is also impossible for bitcoin to reach again.


Not impossible since this market can make a 360 degree turn in a matter of hours. And i think we stil have enough time for a rally to 10k. Though at the moment a lot of us are still surprised about the decline with the bch hardfork the only notable news in the market and i don't think it should affect btc that much.
Eucalypt, like the last year, in December, the prices just jumped from some seven thousands to twenty thousand within time span of one week. They were like jumping in hours distance.
I really would not expect the same thing that happened last year to happen the same way this year, but at the same time it is the cryptocurrency market and it is bitcoin, so in a way, we might still get to see anything surprising coming into reality.
Nonetheless, at this stage the market is oversold, but there is no doubt we can stay in the oversold region for a while, and with the way things are going now, $3k looks more glaring as a bottom but I guess we might just have to wait and see.
sr. member
Activity: 1274
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For now because market is still falling maybe we will see 3k dollars before end of this year maybe 50 percent out of 100 the possibility to happen that. But I hope it even 10k dollars is better to see before the end of this year 2018 and we need to that for our benefits.
legendary
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why some people are determined to see the price drop to $ 3000?

I will wait until the BTC reaches $ 3,000 and I will buy it again.

The market looks more closer to $3k right now, and there is no major support where we are right now than the support at $3k

apparently the $3000 is closer to being reached, since I do not see so many people being optimistic that we will not see  $3000

It may likely go down below $3k the way market is going.

if it falls below  $3000 we will be in  $2000 and this will be too bad

Bitcoin Fundamentals ‘Still Intact’ Despite Price Lows, Says Blockchain Intelligence Group

we have headlines everywhere, if the price falls below  $3000, all news channels will be saying that it is the end of cryptos
hero member
Activity: 1092
Merit: 501
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?

I do not think that the price of Bitcoin will fall to $ 3,000 but it will not be able to rise to $ 10,000. I think at the end of the year it will reach $ 5,000-6,000.
Yes you are right to say that the price of bitcoin will not to fall to 3k $ at the end of the year 2018 because it is impossible, and moreover i am not agree with your second point that you say bitcoin will hit to reach 5k to 6k $ at the end of 2018 because 1000-2000$ is very low amount in the world of bitcoin to recover its value so i think at the end of the year bitcoin will reach 10,000usd very easily.
hero member
Activity: 1190
Merit: 541
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?

I do not think that the price of Bitcoin will fall to $ 3,000 but it will not be able to rise to $ 10,000. I think at the end of the year it will reach $ 5,000-6,000.
Probably you do not know what you are thinking at this point. The market looks more closer to $3k right now, and there is no major support where we are right now than the support at $3k, so unless you are really just too optimistic or you are being hopeful you will get to see something like last year ending happening, there is really nothing much to expect to the upper side.

Probably, after the $3k, we might see a bounce, but that is something I possibly will leave with time. Bitcoin can be surprising though, but in this case, I really would not bother about the future, but bother more on how to keep accumulating more now.
full member
Activity: 518
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PUFFY FINANCE
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?
Well, it appears the market is still bearish and the bitcoin is heading to $3000 not $10,000. It may likely go down below $3k the way market is going. I think the bitcoin price will reach $10,000 in the mid 2019 when the market is fully recovered.
member
Activity: 420
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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?
That was the price I expected from September. I thought this was a bad year for bitcoin so I sold the bitcoin in August. Although I had a $ 433 loss but if held up to now, It seems I will lose more than $ 2000. I will wait until the BTC reaches $ 3,000 and I will buy it again.
legendary
Activity: 2058
Merit: 1015
We won't be touching $3k if they will remain calm. In their action, they aren't thinking that they are making the situation worst. They don't want the price to fall but they are participating in dump. Getting hooked by false prediction by those known people. At the same time seems $10k is too much and hard to reach within the remaining of 2018.
newbie
Activity: 33
Merit: 0
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.
newbie
Activity: 32
Merit: 0
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?
I think it will not fall down to $3000, hopefully not because I don't see that it will fall down even more this year. Yes, a lot of us are expecting bitcoin to rise up by end of year but I don't also think it will take again like last year, maybe it was just around the average of $5000-$6000. In my opinion, $10k this year is also impossible for bitcoin to reach again.


Not impossible since this market can make a 360 degree turn in a matter of hours. And i think we stil have enough time for a rally to 10k. Though at the moment a lot of us are still surprised about the decline with the bch hardfork the only notable news in the market and i don't think it should affect btc that much.
Eucalypt, like the last year, in December, the prices just jumped from some seven thousands to twenty thousand within time span of one week. They were like jumping in hours distance.
hero member
Activity: 798
Merit: 527
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?

IMO the bitcoin price will touch (or go closer) to the previous historical ATH (that is around ~1500), not directly but in due time. reasons for that are several but you may observe that there are several bad politics within the community and some ruthless players. that is before the real gangsters kick in (i.e. wall street in an official way). a lot of "old" capital has to be washed out before starting the new bull cycle again. it may do some temporary stops at 4500-5000 or 3000 but my buys would be set as low as i described. btc is a marathon and not a speed run. also take in mind that a lot of capital that is allocated in many many other non viable coins somehow has to go somewhere. my 2 cents.
The 3 thousand dollar looks a lot more closer right now compared to 10 thousand dollars. I still think both are quite possible considering people who have sold their bitcoins (the hash war dudes on bitcoin cash deal) will stop selling their bitcoins and as soon as the war is over people will see that bitcoin price is going up and when it goes up they will want to get it cheap in order to profit from the rise of the price which may affect the price a bit higher, instead of going back to 6 and a half thousand dollars it may go up to 10 thousand dollars, that's still a possibility.

However I think if this war continues and the volume stays low because of the war and people not wanting to get in during these times the price could go even lower to buy the fuel that allows this war to continue. Which one will happen first all depends on how long this war will go on.
full member
Activity: 476
Merit: 100
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?

I do not think that the price of Bitcoin will fall to $ 3,000 but it will not be able to rise to $ 10,000. I think at the end of the year it will reach $ 5,000-6,000.
sr. member
Activity: 616
Merit: 262
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?

Either of the two seems possible at the moment. Bitcoin falls down to below $5k and then it seems like the bears are not yet done. There is still a possibility that it would continue to go down or maybe, those who has the funds are just waiting for the time when the market seems like recovering again. The price now is cheap but there is a possibility that it would be more cheaper in the coming days or would be expensive so it would depend on your plan then as to how you would approach the market now so that you can take advantage of it.
hero member
Activity: 1190
Merit: 500
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?
looks like you are right the price of Bitcoin will soon be 3000 it is a black Friday sell off discount prices coming up.
I am still worried about tether anyone fleeing the falling market for a USD pegged coin should get anything except USDT if you don't want a bad surprise!
I hate to say this, but the condition of the bitcoin market is indeed very bad. but I really appreciate investors if they want to hold and not contribute to the dump, of course it will make the market even better if done massively, I hope many people will stay calm so the market can get better again, I hope the price doesnt drop to $3k
legendary
Activity: 1229
Merit: 1001
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?
looks like you are right the price of Bitcoin will soon be 3000 it is a black Friday sell off discount prices coming up.
I am still worried about tether anyone fleeing the falling market for a USD pegged coin should get anything except USDT if you don't want a bad surprise!
legendary
Activity: 3234
Merit: 5637
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i am always surprised about how you guys come up with these speculations!!! it is the early 2018 all over again when you were speculating price to drop to $3000 just because it was going down and wasn't able to break the $10k resistance at that time!!!

we just had a little drop here. it is not a reason to go down 50% and with a total of 85% drop overall just because you feel some panic...

I would not agree that it is a small drop, maybe for you 1000$ is small - but after months of stability this is in some way an indication in which direction BTC price could go. I am not saying we can go down to 3000$ easy, probably miners will not allow such a drop because they may lost profit - question is, can they prevent BTC price to slide down even more then than what is now.

how can this drop be any indication of the direction? was the drop from stable $200+ down to $150 an indication of the direction that bitcoin goes in? or was the drop from $450+ down to $320 an indication? or.... dozens of other cases of drops during stable phases of accumulation.
each drop had always had a reason, most of the times some big FUD about bitcoin being dead, some exchange getting hacked,...

Do you see in what direction price is going? For me this drop is indication that price is probably test more lower levels since 6000$ is easy broken, and 5000$ is very close. I do not understand why you comparing some events 3-4 years before with this one, for me it is not same thing.

In your opinion, what is the reason price is today close to 5000$ and few days ago it was 6000+? Where is the FUD or what exchange is hacked to couse this?
newbie
Activity: 14
Merit: 1
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?

IMO the bitcoin price will touch (or go closer) to the previous historical ATH (that is around ~1500), not directly but in due time. reasons for that are several but you may observe that there are several bad politics within the community and some ruthless players. that is before the real gangsters kick in (i.e. wall street in an official way). a lot of "old" capital has to be washed out before starting the new bull cycle again. it may do some temporary stops at 4500-5000 or 3000 but my buys would be set as low as i described. btc is a marathon and not a speed run. also take in mind that a lot of capital that is allocated in many many other non viable coins somehow has to go somewhere. my 2 cents.
legendary
Activity: 1414
Merit: 1002
= jasad =
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?


there seems to be a lot of wild speculation for the decline of bitcoin in the following month, yes there are lots of threads for this. I have checked it one by one. huh obviously this is a very deliberate rumor is no longer a prediction
I'm sure the market will rise next year
full member
Activity: 293
Merit: 109
Coinbase - 5 300!
4.200 in early December is my prediction.
copper member
Activity: 1050
Merit: 500
I believe it will neither touch 10k nor 3k dollars at the end of the year though I believe it will recover before the year end because of BAKKT.  But I think it is not enough to push Bitcoin to 10k USD again since it needs a lot more than that to bring Bitcoin at $10k again.
full member
Activity: 397
Merit: 101
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.
hero member
Activity: 1834
Merit: 523
Price of the bitcoin for now is 5000 dollars and the near price for that is 3000 dollars but I hope the price of the bitcoin become more than 10k dollars again and I hope that really happen again. Better to buy more bitcoin now because price become more cheaper.
full member
Activity: 882
Merit: 104
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?
Well there's one month before year ends lets wait and see what will be the price of bitcoin because no one can predict the exact price of bitcoin in the next few weeks,hopefully bitcoin will move up so we can make a great profit before year ends. But even there's no move up this year don't lose our hope I fell everything will be back on track again.
member
Activity: 518
Merit: 10
I believe that it would be more toward 10k. We had some fud about bch fork, but when bchabc and bchsv network stabilise, we should have some bull run.
full member
Activity: 759
Merit: 105
I doubt that $3k is the last price of bitcoin before the end of this year. I think it will just keep the range just like that when it was on $6500 before.
I'm not sure about the bull run this year and neither dip will ever occur, so i guess we would be staying at this price range until next year.
I don't want to expect bull run this year.
legendary
Activity: 1652
Merit: 1483
i am always surprised about how you guys come up with these speculations!!! it is the early 2018 all over again when you were speculating price to drop to $3000 just because it was going down and wasn't able to break the $10k resistance at that time!!!

we just had a little drop here. it is not a reason to go down 50% and with a total of 85% drop overall just because you feel some panic...

i hope you're right, but i'm prepared for $3k.

we had a clear bottom for many months in the $5800s. that level has now been broken and we are holding below it. that implies a lot of selling pressure from all the buyers > $5800 who may want to cut losses.

the fact that bulls didn't immediately buy the price back up is alarming.
full member
Activity: 476
Merit: 100
Don't worry guys a christmas break is going to happen that's why the price of bitcoin is falling down, or probably some guys is selling all his coins to buy bitcoin cash for the hard fork idk it's just my hunch.
Christmas break is unpredictable so we could not expect the good hype in next month. But still I believe the Bitcoin because I hold in long term investment and this will reach 100k USD in 2025. This year result is already conclude because of too much issues in crypto.
legendary
Activity: 1176
Merit: 1016
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?
I think it depends on how long this war goes on. If it goes on for a long time than there won't be any chance for us to hit $10k because people like Craig will keep on selling his coins in order to feed his army to keep this war going and no matter how much we buy he will always have a strong purse that he will use in this war. So, in short if this war ends soon than we have a chance of seeing $10k, if the war continues we will see $3k.

It is not a shock anymore that bitcoin can see $3k, I wouldn't have believed that just a week ago but now I believe something like that could happen and I wouldn't be shocked. That is what bitcoin is, it can be $3k and it can be $10k and no one would be shocked by any of those results, it is insane to think x3 difference is just regular day for bitcoin
hero member
Activity: 826
Merit: 518
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?
I believe that it is neither going to hit $10K or $3K it will be in the range of $6000 to $8000 by end of this year but no one really knows until it happened so lets wait and see what gift we have fir this new year.
full member
Activity: 276
Merit: 103
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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?

I expect the price to be in the region of 5000-7000, I don't think there will be any further drastic movements in any one direction or the other. I think this latest drop might signal another few bad months ahead but support was still found pretty quickly after the previous levels were smashed through.
legendary
Activity: 2128
Merit: 1293
There is trouble abrewing
i am always surprised about how you guys come up with these speculations!!! it is the early 2018 all over again when you were speculating price to drop to $3000 just because it was going down and wasn't able to break the $10k resistance at that time!!!

we just had a little drop here. it is not a reason to go down 50% and with a total of 85% drop overall just because you feel some panic...

I would not agree that it is a small drop, maybe for you 1000$ is small - but after months of stability this is in some way an indication in which direction BTC price could go. I am not saying we can go down to 3000$ easy, probably miners will not allow such a drop because they may lost profit - question is, can they prevent BTC price to slide down even more then than what is now.

how can this drop be any indication of the direction? was the drop from stable $200+ down to $150 an indication of the direction that bitcoin goes in? or was the drop from $450+ down to $320 an indication? or.... dozens of other cases of drops during stable phases of accumulation.
each drop had always had a reason, most of the times some big FUD about bitcoin being dead, some exchange getting hacked,...
full member
Activity: 728
Merit: 103
These are make or break figures for bitcoin, I doubt it will go that low but if it does then the road to recovery is going to be a really long one. People will see it as a failed experiment and it will take a lot of persuasion to get them back in again
member
Activity: 600
Merit: 10
I think you're not worried about the price of bitcoin at the end of 2018, I'm sure the price of bitcoin at the end of the year will be higher than the current price, even though now the price of bitcoin has dropped. but I won't worry in the next few months prices will rise again.
jr. member
Activity: 916
Merit: 1
As for me, I've heard more about falling to 3k till the end of the year. I don't really know whether to believe or not, but I continue to hold my coins.
I decided to give it some more time in order to check - maybe it will make us happy soon.
member
Activity: 406
Merit: 11
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?
This is indeed a bad condition, we have faced a situation that caused the price of Bitcoin to decline. the fact that this condition has exacerbated the image of cryptocurrencies. Our support becomes very important, when we try to provide positive support such as increasing transactions, it will be very supportive and have a positive impact on the market.
If everything depends on the transaction, then more active activity of all traders and investors is needed. And this means that the sale and purchase of cryptocurrency should be carried out in this way.
sr. member
Activity: 686
Merit: 250
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?
This is indeed a bad condition, we have faced a situation that caused the price of Bitcoin to decline. the fact that this condition has exacerbated the image of cryptocurrencies. Our support becomes very important, when we try to provide positive support such as increasing transactions, it will be very supportive and have a positive impact on the market.
legendary
Activity: 3234
Merit: 5637
Blackjack.fun-Free Raffle-Join&Win $50🎲
i am always surprised about how you guys come up with these speculations!!! it is the early 2018 all over again when you were speculating price to drop to $3000 just because it was going down and wasn't able to break the $10k resistance at that time!!!

we just had a little drop here. it is not a reason to go down 50% and with a total of 85% drop overall just because you feel some panic...

I would not agree that it is a small drop, maybe for you 1000$ is small - but after months of stability this is in some way an indication in which direction BTC price could go. I am not saying we can go down to 3000$ easy, probably miners will not allow such a drop because they may lost profit - question is, can they prevent BTC price to slide down even more then than what is now.

legendary
Activity: 2128
Merit: 1293
There is trouble abrewing
i am always surprised about how you guys come up with these speculations!!! it is the early 2018 all over again when you were speculating price to drop to $3000 just because it was going down and wasn't able to break the $10k resistance at that time!!!

we just had a little drop here. it is not a reason to go down 50% and with a total of 85% drop overall just because you feel some panic...
member
Activity: 490
Merit: 10
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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?

I saw a thread like this one one week ago. Someone asked Bitcoin will go 5K or 10K? I answered him that is not possible to know it. And Bitcoin price has fallen. Now I don't know what should I say.
legendary
Activity: 1652
Merit: 1483
Ten grand is too much. Three grand is too little.

$10k is too much. i don't think $3k is too little. crashes happen quickly. if the $6k support is truly broken, there's a lot of capitulation lying in wait once price starts grinding down.

someone around here posted a wyckoff chart indicating this dump is part of a selling climax in a larger bullish reversal. can't find it now, but it was a compelling chart.....
hero member
Activity: 2646
Merit: 686
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?

I don't believe bitcoins prices will close at any of those prices you have given, these numbers are what people like to comfort themselves with. If you have brought bitcoins then you would love to see it at 10k, if you plan to buy or have sold it you wish to see it at 3k, the problem is they ignore ground reality. It's pertinent to note prior to the crash bitcoins were very much stable, and once this event effects starts to fade we'll see it back to 6k levels, unless some major postive or negative news sways the prices.
hero member
Activity: 3038
Merit: 634
Will start withdrawing some of my life savings if ever bitcoin goes on $3,000. I'm not doubting that it may happen but the year won't end that bad and potentially that we will never see $3,000 again.  

As a holder, we just buy at the dip and if price skyrockets then that will be cashing out time for us. Rinse and repeat that's all. We don't usually take those negative news and other stuffs that will just interrupt our focus as long term holder.
hero member
Activity: 1065
Merit: 510
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?
This had prove again that bitcoin doesnt really follow any speculation from experts or any other professional inputs. We might see different
situation on last year but doesnt mean it would repeat again on next one. Unpredictable market indeed and i didnt even expect we would able to hit up
sub 6k price which we know the support is on that range. We might see the next support of 4400 if it breaks then expect for 2k.
hero member
Activity: 1246
Merit: 529
CryptoTalk.Org - Get Paid for every Post!
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?
I think it will not fall down to $3000, hopefully not because I don't see that it will fall down even more this year. Yes, a lot of us are expecting bitcoin to rise up by end of year but I don't also think it will take again like last year, maybe it was just around the average of $5000-$6000. In my opinion, $10k this year is also impossible for bitcoin to reach again.


Not impossible since this market can make a 360 degree turn in a matter of hours. And i think we stil have enough time for a rally to 10k. Though at the moment a lot of us are still surprised about the decline with the bch hardfork the only notable news in the market and i don't think it should affect btc that much.
legendary
Activity: 1638
Merit: 1163
Where is my ring of blades...
no, there is no such thing as either rise to the moon or drop dead when it comes to bitcoin. there is a lot of things in between the two extreme scenarios too. and right now there is a certain trend going on which nobody can change and that trend is an accumulation trend which demands stable price.

now that doesn't mean nothing else can happen. for example the recent drop was a simple manipulation of the price with a lot of FUD and panic because of an altcoin fork!!! but that doesn't mean the trend has suddenly changed for no reason.
hero member
Activity: 3164
Merit: 937
Bitcoin would go somewhere between 100K and 1K USD in the next few years.  Grin
This is my prediction and I'm pretty sure that it will become true.There's no other possible scenario for BTC.
Dude,such threads aren't serious,even when it comes to the "Speculaltions" forum.Try to make some analysis.Don't just write "bitcoin will either 10K or 3K" because you just think so,or you have such feeling.
full member
Activity: 1330
Merit: 248
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?
I think it will not fall down to $3000, hopefully not because I don't see that it will fall down even more this year. Yes, a lot of us are expecting bitcoin to rise up by end of year but I don't also think it will take again like last year, maybe it was just around the average of $5000-$6000. In my opinion, $10k this year is also impossible for bitcoin to reach again.
legendary
Activity: 2590
Merit: 3015
Welt Am Draht
Ten grand is too much. Three grand is too little. I think it is conceivable for next year, three grand that is, but there's still a little bit of hope that needs to be beaten out of people and it doesn't happen that rapidly.

All throughout this year people have taken every sign of life as the grand reversal. That tells us we're not anywhere near the end of it all yet.
sr. member
Activity: 1400
Merit: 347
My take is that I will buy a lot if it falls to 3k.

I will not let it escape this time. I will be buying hard.

Now if it go to 10k, no problem for me, since I'm a holder.

I'm not in this stupid tug of war between bulltards and beartards.

The problem with most people is that they go "all in", without any regard to the consequences.

I dont like the idea of a nation-state, but I have to deal with it, everyday.

But some people are just not grounded into reality. They are just day-dreamers.

Dump to 3k, I will buy more. Bump to 10k, I could care less.

legendary
Activity: 1372
Merit: 1252
The majority of the people around the world are expecting the bitcoin price to reach $10,000 at least but it is currently doing downwards maybe it will fall down to $3000.

Bitcoin likely isn't going to hit anywhere near 10k this year. That's just a magic number people like. Without some huge news driving demand bitcoin will likely stagnate or maybe even continue to fall during Nov/Dec.

"The bitcoin price will go either up or down".

That's a great observation and I definitely agree. The price will either rise or fall, and at the end of the year bitcoin will be worth either more or less dollars than it is now.



 Cheesy

On another note, it really speaks volumes on how most people here have no prior experience in investment. Bitcoin goes down like 10% everyone freaks out and starts saying about how it's the end of cryptocurrency. Meanwhile the stocks of Activision Blizzard lost 40% in a month and I don't see investors freaking out and saying it's the end of video games.

It's not really the same. Those are companies not video games as a whole. There will always be a market for video games, but not necessarily from those companies. Same with bitcoin. There will always be a cryptocurrency but it certainly doesn't have to be bitcoin. That's where the huge issue lies for me. There's nothing really stopping any other currency from taking over bitcoin, but bitcoin still has the name and media behind it but that may not always be the case.


None of the PoW cryptocurrencies out there offer any solutions to the classic scaling problems of Bitcoin. And none of the PoW alternatives are safe enough to go and dump your bitcoins over it. Those alts that haven't had the problems Bitcoin has faced it's simply due them being irrelevant and not hosting any value worth attacking.

Scaling or not Bitcoin remains a better gold, and that use case alone is worth trillions of dollars. So how in the f*ck isn't Bitcoin insanely undervalued at $20k or $3k again?
legendary
Activity: 1232
Merit: 1195
The majority of the people around the world are expecting the bitcoin price to reach $10,000 at least but it is currently doing downwards maybe it will fall down to $3000.

Bitcoin likely isn't going to hit anywhere near 10k this year. That's just a magic number people like. Without some huge news driving demand bitcoin will likely stagnate or maybe even continue to fall during Nov/Dec.

"The bitcoin price will go either up or down".

That's a great observation and I definitely agree. The price will either rise or fall, and at the end of the year bitcoin will be worth either more or less dollars than it is now.



 Cheesy

On another note, it really speaks volumes on how most people here have no prior experience in investment. Bitcoin goes down like 10% everyone freaks out and starts saying about how it's the end of cryptocurrency. Meanwhile the stocks of Activision Blizzard lost 40% in a month and I don't see investors freaking out and saying it's the end of video games.

It's not really the same. Those are companies not video games as a whole. There will always be a market for video games, but not necessarily from those companies. Same with bitcoin. There will always be a cryptocurrency but it certainly doesn't have to be bitcoin. That's where the huge issue lies for me. There's nothing really stopping any other currency from taking over bitcoin, but bitcoin still has the name and media behind it but that may not always be the case.
full member
Activity: 518
Merit: 106
WWW.BLOCKCHAIN021.COM
Don't worry guys a christmas break is going to happen that's why the price of bitcoin is falling down, or probably some guys is selling all his coins to buy bitcoin cash for the hard fork idk it's just my hunch.
legendary
Activity: 1666
Merit: 1001
I had stopped dreaming that Bitcoin price going to skyrocket,the price now has been falling so bad, and we are not sure what is happening and the market also very unstable,making all the situation very confusing, I think there will be another crash, people already losing trust with Bitcoin,Bitcoin need fresh fund to boost the performance, I don't think it could reach 3k but it certainly won't reach 7k
newbie
Activity: 28
Merit: 0
"The bitcoin price will go either up or down".

That's a great observation and I definitely agree. The price will either rise or fall, and at the end of the year bitcoin will be worth either more or less dollars than it is now.

On another note, it really speaks volumes on how most people here have no prior experience in investment. Bitcoin goes down like 10% everyone freaks out and starts saying about how it's the end of cryptocurrency. Meanwhile the stocks of Activision Blizzard lost 40% in a month and I don't see investors freaking out and saying it's the end of video games.
legendary
Activity: 3234
Merit: 5637
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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 doing downwards maybe it will fall down to $3000. what is your take on the current bitcoin situation?

Not everybody, some speculators actually predicted such a scenario we see now with the bottom between 3000$ and 5000$, but same also predict 50 000 by the end of this year (BitMEX Co-founder Arthur Hayes). BTC is one of the most risky investment these days, and no one should not be surprised at all with what's happening in the past few days. We seen before that price can jump 1000$ in a day easy, it can also go in the opposite direction.

I am always optimistic when it comes to BTC, but short term situation is not look good - chances for even lower price are certainly quite possible. Based on last years it is well known that beginning of each year is not the best time for BTC, so it is not realistic to expect recovery in the following months.
hero member
Activity: 1946
Merit: 502
The sudden dump is only a test cause there is no bad news on bitcoin and yet it went down.  This happening on bitcoin right now will determine who are the risk takers  and the weak hands.
full member
Activity: 694
Merit: 108
santacoin.io
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?
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