Topic: Bitcoin Price (Read 539 times)

Bitcoin value can only get to the said amount only if the demand pull inflation that happened last year it self, it not I see no serious upward direction before end of December this year. Here is the link https://bitcointalksearch.org/topic/m.46479583 of one of my submission as regards what really happen that Bitcoin market value went that far and which maybe difficult to replicate it self this year.

It is very possible for bitcoin to get to $19500 again as it happens last year. In November last year nobody believed that bitcoin will fall back to were it is today but it has happened and that is a signal that bitcoin is going to rise again.

Yeah, I so much believe we are just going to see some sideways movement until towards the end of the year, before the market deciding where the next level to go is, but at the moment, nothing is clear with bitcoin price yet. Selling at the current price most especially for someone who bought the peak is really not going to be making the best decision in that aspect, and would mostly regret it in the long run. The reason a lot of people do this is because they do not understand why they should be holding for real and they only think mostly about how they will be getting rich eventually.

The thing with people is that they cannot always be easily convinced, unless they already had the conviction in them and just looking for someone to shed more light to it and I totally understand the aspect that trying to tell people the bright future in bitcoin is more like trying to tell them what they simply cannot understand, let alone phantom the reason why the future is going to be bright. It is still not bad letting some of them understand what they are missing anyway, so that at least, when they have finally missed out, they won't have us to blame for their own decisions in the long run.

People do not invest their money in bitcoin and want the price to grow more and more. How is it possible? The price will rise when the investment capital increases, but if there is no demand from the people all over the world, the price will never grow rather it will go down. Demand affect the price, therefore people should invest in bitcoin for their bright future.

I agree. I stop telling anyone about bitcoin or crypto for that matter. So far I have 0 success of convincing someone to join the badwagon. LMAO. I'm pretty sure that bitcoin will spread like wildfire in the next 5 - 10 years and we don't need to market it to people. Besides if people tend to see that they can't see any bright future in crypto because they initially thought that they can make money here will exit and might blame you for making them invest here. hehehe.

I think that the price of bitcoin will remain the same atleast till the end of this year. In the next year the atmosphere may change and people may put their money in bitcoin, but in current situation we see big dip in the price. The whole year of 2018 is very bad for bitcoin so far and hopes that the next year will be good for growth. Just hold your coins for some more time.

I support your first two points but about the third point I am not so sure, believe me I have tried to convince people about bitcoin and how it's going to change the world and yet people do not want to listen, I have come to the point in which I'm tired of doing it and that is why I gave up, people are going to adopt bitcoin when they are ready regardless of what you do to try to influence them.

As you write, many people missed December 2017, but they also missed the years before the bitcoin was $ 250 and then for $ 1100 per month. That was about 2014 or the end of 2013. From my point of view nothing terrible happened, history is repeated. Of course people who bought for $ 19,000, i can only recommend not to sell and take it as a long-term investment. And what can we do to increase the bitcoin price ? Do not just sell at the current price. New incentives will come, and new investors, there will be countries where the bitcoin will be traded and it will start the btc price again.

There will always be whales in every market and there is nothing anyone can do about. They may be controlling the price as it is, but that does not change the fact that the market is still extremely very speculative and this is why it is always so easy to manipulate, coupled with the fact that it is a decentralized space and there is simply no regulation.

Everything about a price depicts how the market is and the market is not ripe yet for us not seeing FUDs and people not taking the right step to invest when they should. For sure, we will get to see bigger value in the long run as adoption keeps increasing and the demand for its usage becomes a reality than just a speculative market. This should make anyone know that the best thing to always do is to invest no matter what, and there is absolutely no way we can completely eliminate the FUD, unless maybe we reach the laggard stage.

Yes,so the better the news, the more positive feedback, then more positive the viewpoint of the people we got, and all of this is very good at all cryptocurrency markets.

There are some people who control bitcoin price and they are big investors which we call whales. They such small investors like me and you. They never want other people to make money from their bitcoin investment and they are successful in what they want. We people are just wasting our time and money. Can anybody tell why the price collapsed from $1343 to $6000?

Just buying and selling affects the Bitcoin's price. In cryptocurrency, such as paper money, it isn't possible to influence to the price, or reduce or increase the supply. Perhaps we will see bigger numbers in the future, but the only reason for this would be the trade.

Yes, stopping rumours would support bitcoin value grow well. Always negative news are spread across and this makes the investors either take time to invest or skip investing into crypto currencies. Besides the values, medias are the other reason for price fall and raise. Hence lets spread the news what it really is and avoid unnecessary rumours in the market. The price should be increasing by now every year. Calm down with news

This could help by holding bitcoin and do not easily believe on the fuds. By having keep your goals to earn we could do to hold and invest more on bitcoin. Aside from this actually we cannot force others to join bitcoin instead let just believe on the future of it.

do not sell at low prices and do not panic sell. usually these two things will be interrelated, if you panic sell then you will sell your bitcoin at a cheap price. if you do that you will make things worse.

1. Hold the bitcoin you have.
2. do not easily believe in news that will want to drop bitcoin.
3. telling everyone about the bright future of bitcoin.
maybe this won't be too influential, but at least it helps bitcoin.

Invest more will only help for certain people that don't have held up bitcoin and this is a great opportunity for them to do it, Well As I see it this is a great chance because the price is still cheap, And I would likely say that there is a bigger chance that the price is still increasing, Even if we don't see the bull run this year there are many other years to come fo that chance maybe next year, But for now investing with bitcoin is a great opportunity and a great help for the price to slightly make a difference.

You need to stop to try to find solutions for something that is not really a problem, it seems as if you see the current price as a problem but that is because you have the wrong mindset, what you need to do is to look at the current price as an opportunity, the price is very cheap and it's about one third of the highest price, so it's completely possible that you could triple your money in just a few years if you invest now.

It means that you have nothing to say about the price of bitcoin and just post for your merit. Its ok but you should share your thoughts about the current and coming situation of the market and the price of bitcoin. Anyway I want to say that there is no more bumps and dumps in the price and it will increase with the passage of time. Those who do not wait for long can withdraw their money and invest in some regular business.

The technical reason is that people withdraw their money from bitcoin and putted in Altcoin because low price coins are much better than bitcoin. If the price falls, investors lose small money, but here in bitcoin the situation is different and people have lost thousands of dollars in each bitcoin. They are dishearten and don’t want to make any more investment.

many economists, especially in the field of digital currency, at the same time they are also a big investor for digital currencies that predict prices at the end of the year will recover

If you need merit this is not a right way and directly you said in this thread is irritating to everyone. Bitcoin poll is useless but your statement is good so you should share some interesting topics in all the section surely some peoples are bring some rewards. Most of the jr.members are settled in newbie so all are eagerly waiting for the merit. You just explore in this forum automatically you will get more merits.

We can put our money in bitcoin, by this way the investment capital will increase and thus the price will also increase, but the main problem is market manipulation. People afraid to invest their money in bitcoin because they know that these whales are sucking their investment and will never let them make money from their investment. This is all about bitcoin price.

Hi thanks for all your response specially to high rank , I post this  because I want to have atleast 1 merit thanks for your support

If you are set to make the waves upwards, surely you need millions of dollars just to move the price but there's strength in unity. Each and everyone does have small strength and if we're going to do it altogether, we can make the price go up.

But what I'm thinking is this is going to be the same thing as what the altcoin folks are doing by pumping and dumping their coin. You may not know that here in the forum there are whales that are just silently reading threads and watching what are the people's thoughts with the current markets.

you ask how to get back to
another asks they dont know why the price went down

here is the secret.
it was never suppose to have gone upto ~$19.5k so soon

the price spike was a fluke. that price was inflated with the hot air of speculation.
bitcoin itself is not a bubble. but that ~$19,5k was definitely an inflated bubble PRICE that popped and corrected

the real question is recognising the $2k-$4k underlying value of the period more recently testing the $5800 range

so if you smooth out the volatility and just drew a line through a 6 month low. you will see the real direction of bitcoin
in short
2016: >$300
2017: >$900
2018: >$5800

here is a big clue.
dont follow trend lines of the PRICE. as you will never get good results. however if you follow the hashrate and calculate the mining costs that has for a high percentile been inline with bottomline value

Panic is a major factor. When you have so many people panicky, then the whales and bears will have a filled day. But if they are resolute, the price will be more stable.

The only thing we the patrons of bitcoin will do to support bitcoin is to continue using bitcoin for our transactions daily. This will push the demand of bitcoin and ultimately the price. The market sentiments is the only thing that determines  the price of the coins in the market. The present price  of bitcoin of $6400K is about the lowest the and the market is about to  reverse and head to the north.                                                                                

If you create a large audience with the right information, then everything will turn out. The exchange is just a playground. she will not be able to resist the changed behavior of many traders. This will change the approach of even the whales of the market.

In order to stabilize the market with the help of insider information, you need a large audience coverage. I agree with you that this is a good idea. But for it to work it is necessary to attract a lot of people. We need to gather people from all over the forum and discuss this. For now, while you are few, you can not resist the information coverage of the paid news

Agreed share bitcoin news and good experiences on bitcoin. Positive experiences bring out more people here and maybe acquire bitcoin. This way as danherbias07 says, the market will stabilize.

This seems logical, but the price of mining does nothing to increase the price. Because the main school of traders are not engaged in mining. For them, only the purchase price and the sale price are important. The price of mining is not interesting to them.

Bitcoin will continue to fall. Mt.Gox began to pay compensation. And for this he uses a large amount of bitcoins. I very much doubt that everyone will immediately run HODL!

This is an interesting thought. But it takes a long time to buy back volumes from large ones. In addition, whales can control the news with the help of good old dollars. And they, selling us bitkoyny-will use this opportunity. In addition, if we break the volume among ordinary people, then we will kill the liquidity of bitcoins. Among the holders of crypto currency are many people who will immediately sell their assets, immediately as their price will grow a little. Because bitkoyn for us - this is not a means of storing / fixing profits, but a way of speculation. Very few people are interested in bitcoins as a currency. Many more people want to exchange it for a dollar.

In addition, players are large useful to the market also because they will be used in all ways to maintain the liquidity of their assets. But ordinary people will not. They will simply sell their bitcoins at a less favorable price than they will again provoke the fall of bitcoins. So sooner or later a clever big player will again collect a large amount of bitcoins, having spent at least his own means on them.

Ordinary traders could pool into pools. But then, they will not differ from funds and other whales of the market.
Manipulation by price is rather a plus of the crypto-currency market. Correctly thinking, you can always choose a strategy, after which you can wedge into the plan of the whale and make good money on it.

The people you are talking about are not big investors, but fools. Even the forex and stock markets are arranged so that when you earn - someone else suffers losses.

Bitcoin is a system that needs to be understood. And these big players know this. Therefore, they skillfully manipulate the news, and consequently the minds of other people. A person can not be considered a major investor if he does not understand the movements of the market. It will be just a big hamster. And there is nothing surprising in that it is sheared. Because he must learn and understand how bitcoin and the whole market are arranged.

The price of bitcoin can be increased by bringing new big players to the market. But as a rule, large funds will not work where there are no regulators. After all, in case of losses, such players will not be able to resolve any disputable issues afterwards. And the big players are big because the losses will be big.

Look at the wallets of the whales of the market. How many people you have not collected, you can not compete with large funds and large holders of tokens. The situation could be changed by the opportunity to resurrect the dead wallets. And then, I'm not entirely sure that the volume would be enough. Somewhere it was written that after the closure of the silk road, all the bitcoins of the owner of this marketplace moved to FBI, making them second in the world in the number of bitcoins.

The biggest players will not let bitcoin die. After  for them bitcoin is not a currency - it's a whole system, allowing you to make money from the air. In the event that mining becomes unprofitable, you will see a huge amount of positive news about bitcoin, you will see a large inflow of capital and increased interest among people.

We can not do anything. Is that to keep their bitcoin and encourage others to do the same. But this will not help much.
It is not a secret for any of us that the crypto-currency market is subject to manipulation. False news, insider information - all this plays into the hands of large market players. When you have a lot of money, you can always pay a little bit, so that the news is useful to you in the media.
The price of bitcoin will always be tied to the average payback of mining. With the increase in costs for mining, the minimum price of bitcoin will also increase. After all, if it falls for a long time below the profitability of mining, people will simply disconnect their farms and the whole system will die. Thus, I believe that we should not try to increase the price of bitcoin, but use every drop in order to buy as much as possible.

buying to increase the price value of btc requires big capital, we have to have a large community to do that, most people in this forum are just prize hunters, they can't afford to buy with high volume funds

I post this just to have merit so that if you think that my Post is helpful you can free to send me some merit because of this  https://bitcointalk.org/index.php?topic=5030366.0
Thanks for Helping me

That may not really help, as manipulation takes place on exchanges, while exchanges doesn't have as many crypto as they claim to have. This actually means they trade air, which is also the reason for sudden "technical problems" occurring at the times of big withdrawals.

We cannot help bitcoin to reach that amount again ($19,343.04), why? because a lot of big investors now turn their back to bitcoin because they scammed by someone or somebody uses bitcoin. They think that bitcoin is a scam which is not, the truth is, they've invested their money with a wrong company or persons. scammers use bitcoin to get multiple investors before and I think that is the biggest part of bitcoin that lost now, that is why bitcoin drops as fast as the rocket.

I think both of that you said is correct and also the reply of danherbias07 so that bitcoin can maintain its Price. A very helpful Post Hesoyam20.

As a small fish, there's nothing I can do but to hold and spread the word for bitcoin. But not all the time its been into holding because I also help into adoption by using bitcoin. That increases the demand and adoption if we are helping by using it.

Buying is what we really need to do to make the price goes up because if there's no one that's buying, there will be no demand but as the buy orders are increasing it will make the price higher.

This is very helpful advice from a Legendary member.

The more people hold, the harder it becomes to manipulate the price.

Make the supply as low as it can get.
Because of that price also that is why too many holders of bitcoin sold it and why we have this kind of price now.

If ever, do not let it happen again.
Make the number of bitcoin be scattered to average people and not to a group of whales who could manipulate the market.

Twitter, facebook and medium. All of this can help once you share the good news.

I think a combination of both is required

i don't know the technical reasons why the price going down.but I was sharing what's in my mind.

I think it's not it our hand.there are lot of reasons why the bitcoin  price was going down.For Example: few countries was restricted,banned and says illegal of cryptocurrency activities.due that most of people (top investors) was start selling the bitcoins.so the value goes down.

I am from India.in India also cryptocurrency activity stays as illegal  but currently the case is on court waiting for Good news to say it was legal.

If restricted countries Adopt the bitcoin .then the more investors will come and we will the price again of December 2017.

Many people miss the year 2017 December 16 that bitcoin reached $19,343.04 but now bitcoin is only $6,497.37 so the question of this how we can help Bitcoin to get back to its price again ?