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Topic: Bitcoin price will not go above $4,000 - page 5. (Read 811 times)

legendary
Activity: 1372
Merit: 1032
All I know is that I know nothing.
February 20, 2019, 05:10:08 AM
#26
ut nonetheless the price seems to be too high (and not too low)

just because the price "number" has 4 digits , it doesn't mean the price is too high. there are assets in the stock market that are worth more than $300,000 and nobody is saying the price of them is "too high".

you can only say it is too high if you can prove the intrinsic value of bitcoin is below the current price which you clearly can not.
sr. member
Activity: 1470
Merit: 325
February 20, 2019, 03:59:04 AM
#25
Bitcoin is almost touching $4,000 and it had a small rise, but the factors that brought Bitcoin down from $20,000 to $4,000 are still there.

The price of Bitcoin seems to be too high even @ $4,000, because there isn't any fundamental behind it, the price of Gold also had a huge rise to $2,000 several years ago but it dropped 50% of its value pretty fast.

Today Gold is stable around $1,350 per ounce ... but Gold is a scarce resource, a physical one ...
Bitcoin is not, it's just means of transferring money from one to another and it has lots more competition.

So these fundamentals show the price is still bearish, the small rise from $3,600 to $3,950 is probably a correction in the market.

Does anyone agree?


**All of the above is a pure speculation.


if the bitcoin whales by back their own token, and can trust into their army of "hodlers"

they could indeed and then make everyone told "hey look we have so much money"

in order to attract idiots bringing them hard earned money.

thats what they want, attracting working idiots so called "earners" to gamble their "savings"

regards
sr. member
Activity: 1988
Merit: 275
February 20, 2019, 03:56:16 AM
#24
**All of the above is a pure speculation.

i wouldn't call anything that you said "speculation", it is only your "opinion" based on your assumption that bitcoin is useless and is not being adopted by anyone at all and is dying.

I don't agree also that bitcoin is useless and not being adopted. Day by day, the number of crypto users are growing and more merchants are accepting bitcoin as their payment method. I do not see bitcoin as useless, because it has change my way of living. One example is paying your bills via bitcoin payment. No need to go outside and line up to pay your bills. And many more... And with that being said, bitcoin can easily surpass the $4k mark.
sr. member
Activity: 924
Merit: 452
Check your coin privilege
February 20, 2019, 03:50:45 AM
#23
Bitcoin is almost touching $4,000 and it had a small rise, but the factors that brought Bitcoin down from $20,000 to $4,000 are still there.


What are the factors that brought it up to 20k then? And why won't they happen again?
sr. member
Activity: 1842
Merit: 389
February 20, 2019, 03:47:57 AM
#22
Making a poll would help you to know if how many would agree.
BTC has maybe touched $4,000, which sites you are using as your reference?

it's not a big deal to me, I know one day it will touch over $4K, the patience will remain and we have the full year to do that.
The bull run may come now or not but I'm hoping this year we will see a real bull run.

In case you will add a poll, count my vote as no.

There is no option to add a poll, how can we add it?
hero member
Activity: 2856
Merit: 674
February 20, 2019, 03:44:42 AM
#21
Making a poll would help you to know if how many would agree.
BTC has maybe touched $4,000, which sites you are using as your reference?

it's not a big deal to me, I know one day it will touch over $4K, the patience will remain and we have the full year to do that.
The bull run may come now or not but I'm hoping this year we will see a real bull run.

In case you will add a poll, count my vote as no.
hero member
Activity: 2716
Merit: 552
February 20, 2019, 03:28:47 AM
#20
I respect your speculation or shall we say opinion, because we do have our own views towards the future of cryptocurrency. But as what I have noticed since the price got out from $3.6k, It didnt suddenly fall back, instead it stays there for more than 48hrs. I dont know which fundamentals youre looking for to believe the capability of Bitcoin to break the price of $4k. And gold is a totally different asset from Bitcoin, plus Bitcoin has a very high volatile nature than Gold.
hero member
Activity: 2618
Merit: 548
SecureShift.io | Crypto-Exchange
February 20, 2019, 03:15:35 AM
#19
Cryptocurrencies were completely speculative in reality, and the same is the one that drives the price experience fluctuations. Already price has gone above $4000, while at the same time gold is on its uptrend with stable growth. Once gold was volatile, but now it has taken a stable value, but bitcoin isn't the same it is completely technology backed. As of now we need more support to be above $4000.
legendary
Activity: 3122
Merit: 1032
#1 VIP Crypto Casino
February 20, 2019, 03:12:50 AM
#18
Very much disagree that the Bitcoin price will not go beyond 4000$.
You even said so yourself the price was 20,000$ so whats with the negative speculation?
You sound very bullish on gold and are probably right about the correction.
sr. member
Activity: 2590
Merit: 322
SOL.BIOKRIPT.COM
February 20, 2019, 03:05:16 AM
#17
From my own point of view the resistance at $4000K has to be broken for us to have a remarkable bullish runs else the market will continue to range back and forth while gold as commodity is quite different from  bitcoin gold is very volatile compared to bitcoin while bitcoin market has a lot of speculation spread across the system of which in most cases the rubbish those predictions.
newbie
Activity: 3
Merit: 0
February 20, 2019, 02:59:36 AM
#16
I agree, but BTC will increase very strongly by the end of 2020. Maybe btc will increase to $ 100,000
sr. member
Activity: 1842
Merit: 389
February 20, 2019, 02:53:38 AM
#15
Really two days ago I thought it was bullrun but today I figured its just an correction ,it would have been better though if bitcoin breaks the under 4000$ bottom but bitcoin far from failed tech

No one said it's a failed tech.
FYI - we run 4 faucet sites based on Bitcoin, Ripple, NEM and Cardano.

We believe it's a revolutionary thing, but nonetheless the price seems to be too high (and not too low) - which is a speculation, but it could be true.
sr. member
Activity: 1842
Merit: 389
February 20, 2019, 02:51:42 AM
#14

Get-paid.com says, You can get paid with PayPal, Bitcoin, WebMoney, Amazon gift cards and more! ....but he is bashing it for being a failure.  Grin

We are not against Bitcoin, the speculation of a price is not the same whether you support Bitcoin or not.

And regarding the nature of this thread - this entire forum is full of speculation, you can see every hour a new thread with headlines such as "Bitcoin will be dead", "Bitcoin is back to life" etc. - do you have anything personal against our site? or you simply just look to argue with other users in the forum?
sr. member
Activity: 826
Merit: 265
February 20, 2019, 02:49:50 AM
#13
No we don’t believe on your opinion mate because you are only relying on what you think without good basis

Bitcoin can reached more than $4,000 since we already hit almost $20,000 so what are you talking about here?

I wish one day you will realize what you are missing here,when we reached the highest we can be
full member
Activity: 966
Merit: 153
February 20, 2019, 02:44:50 AM
#12
So if I'm right, all you are try Ik no to drive at I'd that Bitcoin is probably losing its value and probably won't survive it?  It might surprise you that every little price changes matters so it's not a coincident.
It's okay to voice your opinion and get frustrated on the market though.
legendary
Activity: 1638
Merit: 1163
Where is my ring of blades...
February 20, 2019, 02:36:10 AM
#11
Don't get me wrong - we are supporting Crypto - this is a price discussion, not whether or not the technology is useful.

they are not two different things. they are the same. not to mention that this board is not for "price discussions".
when technology is useful you are accepting that bitcoin is useful and it is and because of that it is valuable and its price will be rising.

regardless of what you think, bitcoin price will rise and set a new ATH every 2 or 3 years whether you think it is useful or useless doesn't change the fact that bitcoin is the only decentralized currency that is offering a very unique and useful tool and its adoption is growing every day and with its limited supply the rise is inevitable.
member
Activity: 336
Merit: 12
February 20, 2019, 02:28:48 AM
#10
Really two days ago I thought it was bullrun but today I figured its just an correction ,it would have been better though if bitcoin breaks the under 4000$ bottom but bitcoin far from failed tech
legendary
Activity: 3514
Merit: 1963
Leading Crypto Sports Betting & Casino Platform
February 20, 2019, 02:19:04 AM
#9

You are underestimating technology.

Why did Bitcoin fail as a crypto currency?

Don't get me wrong - we are supporting Crypto - this is a price discussion, not whether or not the technology is useful.


I think you are posting drivel to promote your site or your signature. What does price have to do with the failure of Bitcoin as a currency? Where did you get the information to make the assumption that Bitcoin failed as a currency? Fiat currencies are 100s of years old and they are failing at a critical rate all over the world. (Venezuela / Zimbabwe etc.)

Bitcoin has not failed as a currency, because it is only in it's infant stage of adoption   When you make uninformed statements like that, it makes you look stupid. Do your research and then come back here and post something that is backed by facts.  Angry

Get-paid.cum says, You can get paid with PayPal, Bitcoin, WebMoney, Amazon gift cards and more! ....but he is bashing it for being a failure.  Grin
sr. member
Activity: 1842
Merit: 389
February 20, 2019, 02:11:33 AM
#8

You are underestimating technology.

Netscape was technology, Altavista was technology, imagine a title like this coming up several years from now:

https://www.quora.com/Why-did-Netscape-Navigator-fail-as-a-browser-Was-Netscape-ever-bought-out

Why did Bitcoin fail as a crypto currency?

Don't get me wrong - we are supporting Crypto - this is a price discussion, not whether or not the technology is useful.
hero member
Activity: 3038
Merit: 628
Vave.com - Crypto Casino
February 20, 2019, 01:56:15 AM
#7
I don't agree with you.

Today Gold is stable around $1,350 per ounce ... but Gold is a scarce resource, a physical one ...
Bitcoin is not, it's just means of transferring money from one to another and it has lots more competition.
Bitcoin has 21 Million supply and consider those bitcoins that were lost forever. Yes, bitcoin is a means of transferring money but it has changed up to this date. People are chasing it as a store of value. You mean with lots more of competition are the altcoins? they all depends to bitcoin's strength.

You are underestimating technology.
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