Bitcoin Price Holds Above $9k - page 3.

ecnalubma

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Aramco company has valuation of $1.5 trillion however apple has $900 billion, its clearly a mismatch if you compare it with Bitcoin with still dwarfed in valuation with those giant companies.

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But one imagines that return on investment will still pale into insignificance compared to Bitcoin.

But this make sense, because IPO’s ROI are practically good for long term however in Bitcoin prices are actively changing every moment could also make quick profit in short period of time.

Finestream

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Let's see if they could attract investors on there crowdsale.

They have a good financial record which means they are profitable and most investors are looking for projects that has a working product already, them, they don't just have a working product but they are profitable as well, its almost a safe and guaranteed investment but let see what are the criteria when the IPO is already live.

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Quote from: cryptoangel on November 05, 2019, 11:59:41 AM

Quote from: blckhawk on November 05, 2019, 12:28:08 AM

Although it occassionaly drops to near breaking the $9k, it still holds up and I'm positive that the next bull run will soon happen. I'm not quite sure how that IPO might affect bitcoin. As far as I know, IPOs are for the stock market and is separate from ICOs for cryptocurrencies. If they would also enter the crypto-market, then that could be quite huge. But until now, the price is still struggling to reach an uptrend.

Mostly all the investors are waiting for next bull run, so this month we expect some good growing on crypto market. Nowadays we always active in crypto market so 9k or 15k we can buy Bitcoin it will growing upcoming trend. No one consider the stock market because both are different from trading. So huge volume projects are make good success on all the time.

Not mostly but actually all waiting for the bull run to come and since the halving will come next month provably we can see a great price upward movements since it show on characteristic bitcoins itself as history shows, but let's not assume to much since the scenario way back 2017 is little different today since we struggle for so many day it's because bear market strikes and hopefully those huge investors is not annoyed and will find the great value of halving so that we can see a big streak on price rally.

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I am more worried about the players of bitcoin who bought before the $20k mark.
Up until now their bitcoin are intact and cannot get back their ROI.

Despite all of that, it looks like bitcoin once again proved that it had more demand and usage than any other commodities out there or should we say the competition is just not better than it.
XRP, BCH or any clone coin out there are staying with their value or maybe lesser now.

Theb

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As suspected Bitcoinist is doing these Bitcoin vs. Stocks kind of comparisons when it comes to gains, I just posted a reply in one of the threads in the Press section with a different Bitcoinist article but the same point. Are they running out of ideas on creating articles that they resorted to comparing Bitcoin to returns of blue chip stocks in the market? Like what I have posted in that section Bitcoin might have higher returns but Bitcoinist is comparing it to returns given by blue chip companies not to mention a more stable asset. We may have higher returns but the risk is more than doubled compared to traditional markets we have, the volatility alone can cause a lot of people to lose money while trading.

barota

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yes ; it seem bitcoin hold above level 9000 usd per btc. price rise up 9500 usd per btc many time but it fall with 3-5 percent ; the thing important is that prices hold above 9000 usd per btc . i think prices can rise to level 12000 usd per btc at any time and who sell and buy for short term many times they will find some dificult for buying and selling

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Quote from: blckhawk on November 05, 2019, 12:28:08 AM

Although it occassionaly drops to near breaking the $9k, it still holds up and I'm positive that the next bull run will soon happen. I'm not quite sure how that IPO might affect bitcoin. As far as I know, IPOs are for the stock market and is separate from ICOs for cryptocurrencies. If they would also enter the crypto-market, then that could be quite huge. But until now, the price is still struggling to reach an uptrend.

It wouldn't be easy for them to withstand on this struggling market, since were in the midst of unpredictable scenario for each and every crypto. I was not so familiar with that IPO, and what I am focused as of now is for bitcoin together with other promising altcoin assets. They can't combine stock market and cryptocurrency, it would be a huge coverage for them as they would desire to pursue those plans without enough resources, unless some whales will do some tricky rides as well.

cryptoangel

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Quote from: blckhawk on November 05, 2019, 12:28:08 AM

Although it occassionaly drops to near breaking the $9k, it still holds up and I'm positive that the next bull run will soon happen. I'm not quite sure how that IPO might affect bitcoin. As far as I know, IPOs are for the stock market and is separate from ICOs for cryptocurrencies. If they would also enter the crypto-market, then that could be quite huge. But until now, the price is still struggling to reach an uptrend.

Mostly all the investors are waiting for next bull run, so this month we expect some good growing on crypto market. Nowadays we always active in crypto market so 9k or 15k we can buy Bitcoin it will growing upcoming trend. No one consider the stock market because both are different from trading. So huge volume projects are make good success on all the time.

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Quote from: blckhawk on November 05, 2019, 12:28:08 AM

Although it occassionaly drops to near breaking the $9k, it still holds up and I'm positive that the next bull run will soon happen. I'm not quite sure how that IPO might affect bitcoin. As far as I know, IPOs are for the stock market and is separate from ICOs for cryptocurrencies. If they would also enter the crypto-market, then that could be quite huge. But until now, the price is still struggling to reach an uptrend.

Hope support in $9k will continue to grow and the next battleground will be $14,000. Bakkt is slowly picking up also and some other derivatives in my opinion. Hoping for more financial institutions to follow too push bitcoin price. We need more projects and utilization of bitcoin for a great adoption to happen.

blckhawk

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Although it occassionaly drops to near breaking the $9k, it still holds up and I'm positive that the next bull run will soon happen. I'm not quite sure how that IPO might affect bitcoin. As far as I know, IPOs are for the stock market and is separate from ICOs for cryptocurrencies. If they would also enter the crypto-market, then that could be quite huge. But until now, the price is still struggling to reach an uptrend.

CryptoBry

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Quote from: djcaoile1205 on November 03, 2019, 05:12:20 PM

The world’s most profitable company, today announced that it is going public, in what could be the biggest ever IPO. The oil giant, Saudi Aramco, posted an H1 profit of $46.9bn in 2019, compared to Apple’s $21.6bn in the same period. But one imagines that return on investment will still pale into insignificance compared to Bitcoin.

As of now, we should not be boasting the ROI of Bitcoin like that. In terms of assets and liquidity as well as the prospect of the future, both oil and Bitcoin are two different things. Comparing the two may not be making sense at all. In fact, mentioning the IPO of Saudi Aramco vis-a-vis that of Bitcoin is beyond my logic to think of. Anyway, I am sure I get what you are referring to which is the rate of ROI but then even if one has the highest ROI but the risks can also be too high then it all balances things out. We should not adopt that kind of boasting attitude as if BTC is the only kind of investment that is really working. Investors have a lot of choices and options and many of them are still have to consider Bitcoin for many factors that they deem to be not attractive, at least for now.

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Quote from: Pearls Before Swine on November 04, 2019, 09:02:58 AM

Oookay. These news items have nothing to do with bitcoin sticking above $9000, and the news isn't even that interesting anyway.

Me when i saw the thread title but the post was about saudi and apple lmao. Comparing an oil business to crypto, what kid made this comparison right here. Besides, crypto isn't even a company in the first place, no one manages it.
Natutally, the ROI of btc would exceed these because the current market for BTC is still volatile. Market shares and oil prices for the company said have been already stabilized and have already obtained a general Price in the market.

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Quote from: bitbunnny on November 04, 2019, 01:04:21 PM

Currently the price seems to hold level above 9000$. However don't forget that Bitcoin is volatile and that price can change any time in both directions. Some are satisfied with that price and some have bigger expectations until the end of the year.
I don't expect some bigger dumps but still some corrections are still possible so don't be surprised if the price doesn't keep the level you desire.

9k is not the big value and we may find the best time to make the investment like huge fall in single slip so that time you can invest on those time and expect the growth like double value or something.
Those kind of investment alone make the profit. So think twice and make your investment at right time.

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Quote from: darkangel11 on November 04, 2019, 09:45:26 AM

And it's going to go higher. If you forgot to buy at 3k you lost a good opportunity.

I doubt the situation we're witnessing depends on the news. It's more of a mix of everything. People were laughing at bakkt but it's obviously growing and getting more money and more users. China may open to BTC and lift its ban, we have some nice bullish TA. A year from now you'll be sitting at 10k saying that 10k was the bottom.

They've never see it coming. The very first launching of Bakkt was kind of funny to them because the volume isn't so high but look after few weeks of its operation, there's an actual growth. As for the people that didn't took the chance to buy the dip on $3k.

It is not late.

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I am quite satisfied that the price is kept at this level. I hope bitcoin will be able to hold out as long as possible at this level.

Not just you but also me. I like seeing the price becomes stable to this rate and if it goes up a little bit higher then that's an additional profit but as long as it retains itself to $9k, this is like a safe place.

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Quote from: bitbunnny on November 04, 2019, 01:04:21 PM

Currently the price seems to hold level above 9000$. However don't forget that Bitcoin is volatile and that price can change any time in both directions. Some are satisfied with that price and some have bigger expectations until the end of the year.
I don't expect some bigger dumps but still some corrections are still possible so don't be surprised if the price doesn't keep the level you desire.

Yes we can just look back refer to the recent fluctuations which took the bitcoin back to $7400 and again pumped it's value to $10k as the market is too volatile with possibility of further fluctuations before halving but I am don't think there are higher chances of any planned dump before halving as people will not be bothered to panic sell as it's expected and forecasted so I think this time something unexpected may happen. We need to be cautious.

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Quote from: bitbunnny on November 04, 2019, 01:04:21 PM

Currently the price seems to hold level above 9000$. However don't forget that Bitcoin is volatile and that price can change any time in both directions. Some are satisfied with that price and some have bigger expectations until the end of the year.
I don't expect some bigger dumps but still some corrections are still possible so don't be surprised if the price doesn't keep the level you desire.

Volatility is much associated with bitcoin as well as other digital currencies. When it comes to the present market price, it is with good momentum for a forward move. We cannot confirm with the forward change in the market, because of its nature. If the momentum gets broken to reach low to $8500, then there is chances of price to reach as low as $5500.

exstasie

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Quote from: djcaoile1205 on November 03, 2019, 05:12:20 PM

https://bitcoinist.com/sunday-digest-bitcoin-price-holds-usd-9k-other-headlines/

In before we dip to the $8,000s. Tongue

Closing the week above the $8,800 range high is a very bullish sign mid-term. It suggests weak supply, whereas immediately falling back to the $8,000s or $7,000s would have suggested the opposite.

However until we see a confirmed upside breakout, the possibility of new short-term lows is still there. If we dip from here, I expect desperate bears to support the price at $8,500-$8,800. The daily 50-day and 20-day MAs are there, the 0.618 retracement level, a low volume notch on the VPVR and a gap on the CME futures chart.

bitbunnny

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Currently the price seems to hold level above 9000$. However don't forget that Bitcoin is volatile and that price can change any time in both directions. Some are satisfied with that price and some have bigger expectations until the end of the year.
I don't expect some bigger dumps but still some corrections are still possible so don't be surprised if the price doesn't keep the level you desire.

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The stability of the price of bitcoin around $9K+ was held by the strong support that zone, the price tried to break down that support on several occasions using 4 chart as reference but it was held I think this a pointer or an indication that the bulls are very much in the market however the price of bitcoin is incomparable with oil giant, Saudi Aramco and the company has no link with blockchain thus wouldn't trigger or pump the price of bitcoin.

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No, it should not be compared with that.
The volatility of crypto currencies specially bitcoin is something new.
It cannot be identified since there is no way you can track everything because of privacy. Therefore, no one can have an accurate prediction into where it will go
It can be dumped later or maybe tomorrow and we would not trace where it is from.
Even if a big news come up which may be the possible reason for growth is still being doubt.

Topic: Bitcoin Price Holds Above $9k - page 3. (Read 742 times)