Bitcoin Revival is On The Way - According to a trader - page 3.

ranman09

full member

Activity: 756

Merit: 112

Quote from: ethereumhunter on April 01, 2019, 11:35:28 AM

Quote from: aioc on April 01, 2019, 01:14:52 AM

Quote from: ramsdaj28 on March 28, 2019, 10:12:09 PM

~

Your thoughts, guys? Do you think bitcoin will be soaring high again in the near future?

I'm 100% sure that Bitcoin will be soaring high in the future, next year we will see a positive sign that Bitcoin will hit another all-time high again, I don't need these experts opinion they are just riding the waves, the main reason, of course, is the Bitcoin halving and the coming approval.

No doubt for that. I will prepare myself to sell some bitcoins and make money again like before. I hope that the price can increase and make the highest price again. Maybe we will see a surprise from bitcoin before the halving happens, and then after halving, the price will increase. Although we still don't know how much the price can reach, I still believe that the price will reach more than just $7000.

I have known by researching here that halving (payment on miners divided in half) happens every four years "by design". But I didn't know that it needs approval? *see bold.

And how exactly it will affect prices to soar high? Is this based on statistics, history or economics?

lovesybitz

sr. member

Activity: 868

Merit: 289

Quote from: eagle10 on March 29, 2019, 01:57:51 AM

Quote from: ramsdaj28 on March 28, 2019, 10:12:09 PM

CNBC's Seema Mody interviewed Futures Now traders, Jim Iuorio and Scott Nations last night.

Jim called the $4,000-level of bitcoin value as the PSYCHOLOGICAL LEVEL. Scott also said that he's not into this change in bitcoin value because he doesn't see the fundamentals that would drive it to a new level. Jim also added that people once tried to use gold as substitute to fiat, but they didn't like it anymore, so people searched for another substitute and that's BITCOIN.

I agree with them. Other than fiat, bitcoin is the second most popular mode of payment now esp. in the cyber era where almost everything runs through computers. Bitcoin's value might just need more time to recover esp. with these governments' new rules regarding the use of bitcoin as payment.

Your thoughts, guys? Do you think bitcoin will be soaring high again in the near future?

Bitcoin is a good way to send money anywhere / everywhere in the world at an instant that's why many are attracted to how the bitcoin is used in sending and receiving money aside of buying and selling online to those who accept cryptocurrency. Whatever the market condition is, the journey of bitcoin is still early to tell and people accept the fact that it will stay long because of its usefulness and revival is not a question but how it will rebound sooner.

Here in my country Bitcoin was most often being used for sending money through remittances, paying bills, and tuition fee, also bitcoin now in a couple of days past, I had noticed that it goes little by little which I think We are now entering into bull run I guess, so hold on tight for now guys.

SiDtHeBeSt

full member

Activity: 420

Merit: 106

Some say Bitcoin would sore up in value some say it won't go any further but what I think is Bitcoin value might increase in the coming time but it would take time because of all the government rules and regulations and also the acceptability of Bitcoin in every country. I won't predict that Bitcoin value would hit 20k once again it might but maybe a lot later for now it should rise up to like 10k .

ChrisPop

legendary

Activity: 2310

Merit: 1035

Not your Keys, Not your Bitcoins

I believe that 2020 will mark the beginning of the actual cryptocurrency era. The financial system needs and not only needs a serious upgrade. And cryptocurrencies are the right answer in my vision.

ethereumhunter

hero member

Activity: 2912

Merit: 541

Leading Crypto Sports Betting & Casino Platform

Quote from: aioc on April 01, 2019, 01:14:52 AM

Quote from: ramsdaj28 on March 28, 2019, 10:12:09 PM

CNBC's Seema Mody interviewed Futures Now traders, Jim Iuorio and Scott Nations last night.

Jim called the $4,000-level of bitcoin value as the PSYCHOLOGICAL LEVEL. Scott also said that he's not into this change in bitcoin value because he doesn't see the fundamentals that would drive it to a new level. Jim also added that people once tried to use gold as substitute to fiat, but they didn't like it anymore, so people searched for another substitute and that's BITCOIN.

I agree with them. Other than fiat, bitcoin is the second most popular mode of payment now esp. in the cyber era where almost everything runs through computers. Bitcoin's value might just need more time to recover esp. with these governments' new rules regarding the use of bitcoin as payment.

Your thoughts, guys? Do you think bitcoin will be soaring high again in the near future?

I'm 100% sure that Bitcoin will be soaring high in the future, next year we will see a positive sign that Bitcoin will hit another all-time high again, I don't need these experts opinion they are just riding the waves, the main reason, of course, is the Bitcoin halving and the coming approval.

No doubt for that. I will prepare myself to sell some bitcoins and make money again like before. I hope that the price can increase and make the highest price again. Maybe we will see a surprise from bitcoin before the halving happens, and then after halving, the price will increase. Although we still don't know how much the price can reach, I still believe that the price will reach more than just $7000.

aioc

hero member

Activity: 2926

Merit: 567

Quote from: ramsdaj28 on March 28, 2019, 10:12:09 PM

CNBC's Seema Mody interviewed Futures Now traders, Jim Iuorio and Scott Nations last night.

Jim called the $4,000-level of bitcoin value as the PSYCHOLOGICAL LEVEL. Scott also said that he's not into this change in bitcoin value because he doesn't see the fundamentals that would drive it to a new level. Jim also added that people once tried to use gold as substitute to fiat, but they didn't like it anymore, so people searched for another substitute and that's BITCOIN.

I agree with them. Other than fiat, bitcoin is the second most popular mode of payment now esp. in the cyber era where almost everything runs through computers. Bitcoin's value might just need more time to recover esp. with these governments' new rules regarding the use of bitcoin as payment.

Your thoughts, guys? Do you think bitcoin will be soaring high again in the near future?

I'm 100% sure that Bitcoin will be soaring high in the future, next year we will see a positive sign that Bitcoin will hit another all-time high again, I don't need these experts opinion they are just riding the waves, the main reason, of course, is the Bitcoin halving and the coming approval.

ramsdaj28

sr. member

Activity: 420

Merit: 256

اللعنة

Quote from: ?? on ??

What does he mean by "PSYCHOLOGICAL LEVEL"?
Anywho, yes, I do believe the value will go up again, in time.

PSYCHOLOGICAL LEVEL in a sense that traders are on the line of either keeping it or trading it for a tendency of the btc's value to either take a high jump or drop. This is a bit similar to panic buying/selling where traders feel worried about something that might happened right before their eyes, especially in the world of cryptocurrency where every crypto's value might just take a big change in a matter of seconds.

We're really hoping for btc to regain its high value, and that it will reach the $20,000 level again one day. It's just awkward to think that btc value has once reached $20,000, and then later on, wasn't able to maintain it.

cizatext

member

Activity: 952

Merit: 41

Scot can never see the fundamental of the bitcoin change but the $4000 bitcoin Price have been sustained for some time now and that is an indication that the change we are expecting is not far again.

aprilnot

full member

Activity: 1204

Merit: 102

Quote from: ramsdaj28 on March 28, 2019, 10:12:09 PM

Your thoughts, guys? Do you think bitcoin will be soaring high again in the near future?

for the near future, I don't think that's possible. even if the government is currently making regulations regarding bitcoin payments it is still not strong enough to encourage bitcoin. after the fall some time ago, people were more careful in making decisions. therefore a lot of good news cannot make an increase.

shamc

copper member

Activity: 336

Merit: 1

Fiat isn't dead yet, online payments via credit card is still pushing strong and soon rfid payments will take over cards. It is the shape of the economy that will dictate how well bitcoin does as you can see in other countries like venezuela

Ipwich

hero member

Activity: 1050

Merit: 529

Student Coin

Quote from: pushups44 on March 30, 2019, 04:00:43 AM

I think we're long overdue for a bull market, given that this has statistically been the longest bear market ever. With the halving around the corner, it's only a matter of time for a breakout.

Agree with that, we should not be surprise of what we are seeing now.
The bullish trend has commence and time to make our dreams alive, we will break the ATH and that's my prediction that will take place soon.
This year started very well, I'm hoping we will end this year very well also.

pushups44

sr. member

Activity: 854

Merit: 281

I think we're long overdue for a bull market, given that this has statistically been the longest bear market ever. With the halving around the corner, it's only a matter of time for a breakout.

olumyd

full member

Activity: 658

Merit: 117

Quote from: joniboini on March 29, 2019, 12:10:22 AM

... Anyway, news or analysis about Bitcoin price most of the time is wrong.

If that be the case, what's the true value driver for bitcoin, I mean, if we always had to rely on TA alone just to determine the price movement, then the fundamentals won't be needed, right? I think both the news and analysis are important markers, even if wrong they somewhat project an important psychological profile of investors, traders, and bystanders, which IMO still reflects on the price action.

bitbunnny

legendary

Activity: 2912

Merit: 1068

WOLF.BET - Provably Fair Crypto Casino

Quote from: betty11 on March 29, 2019, 08:38:21 PM

Bitcoin has remained stable at $4,000 mark, which is a good indication, but each time it tries to move a bit higher, an unseen force drags it down. Should we be able to break out to $4,500, we might head for a short bull run. One thing that is important we ask is what is really driving it to a new high level? Something must need to propel this current market away from this current low zone.

This is still far away from remaining stable at 4000$ or more. Yes, for the last couple of days we can see some slow and steady price rise but that still doesn't mean that the price will continue to grow and remain above 4000$. I know this looks optimistic for many but it's too eaely to say that the bull run has started.

ramsdaj28

sr. member

Activity: 420

Merit: 256

اللعنة

Quote from: isaac_clarke22 on March 29, 2019, 11:13:09 AM

I don't know how psychology would be involved in Bitcoin though, well for the sake of the action of traders, I can't connect the dots somehow. Never heard of anything regarding gold substituting fiat here in my country, but I guess they still see Bitcoin as an alternate fiat anyway so that's covered anyway judging that technology evolution right here is like being cherished a lot.

Psychology is actually a vast body of knowledge. Almost everything can have a psychological effect to specific group of people. The psychological thing about bitcoin and the traders is how these so-called WHALES' activities can affect the decision of the small traders in terms of trading or holding (more of an example of brainwashing).

With regards to gold, I think he's referring to the stock market where physical commodities like gold and oil are being used.

mapanlah

member

Activity: 228

Merit: 10

Quote from: MakeMoneyBtc on March 29, 2019, 07:47:29 AM

Bitcoin is definitely heading in the right direction because in the last day the price has been steadily going up little by little. If it continues like that sooner of later the bull run should start and pump the price to a new high level as we have seen in 2017. Regarding to that trader's analysis I usually don't belive this kind of predictions and that's because there are dozens of it and it's impossible to follow just one since they all seem logical and are said by pretty famous persons.

from day to day the value of bitcoin is increasingly showing stability, this is good news that is very showing the interest of market participants to want to adopt bitcoin for all trading activities. then later all business people want to use bitcoin for all their payments.

darklus123

hero member

Activity: 1246

Merit: 588

Quote from: ramsdaj28 on March 28, 2019, 10:12:09 PM

CNBC's Seema Mody interviewed Futures Now traders, Jim Iuorio and Scott Nations last night.

Jim called the $4,000-level of bitcoin value as the PSYCHOLOGICAL LEVEL. Scott also said that he's not into this change in bitcoin value because he doesn't see the fundamentals that would drive it to a new level. Jim also added that people once tried to use gold as substitute to fiat, but they didn't like it anymore, so people searched for another substitute and that's BITCOIN.

Quite funny because people are actually investing to bitcoin when it started booming and now mostly this certain people also starting to not like it because of its inconsistency (are they now going back to gold? or finding an alternatives of bitcoin is now their primary concern?)

Quote

I agree with them. Other than fiat, bitcoin is the second most popular mode of payment now esp. in the cyber era where almost everything runs through computers. Bitcoin's value might just need more time to recover esp. with these governments' new rules regarding the use of bitcoin as payment.

Your thoughts, guys? Do you think bitcoin will be soaring high again in the near future?

Bitcoin is far from being the 2nd most popular mode of payment (it might be one of the most recognized way of investing right now but not as a payment option). Which is in fact when BTC price is just not this high it is actually more being used for an instant business transactions unlike now. What bitcoin's value are you actually talking about? Bitcoin's value is actually higher than a bar of gold lol

shesheboy

full member

Activity: 714

Merit: 114

i dont see any connection to the title from your post but id love to answer on what is written on the title . i agree that bitcoin's another rival is coming and that might be another crypto coin again but these kind of issue's are not new anymore because ever since before , bitcoin do already have alot of rivals but none of them have succeed because bitcoin is to superior . bitcoin already have what new coin will possibly have . the truth hurts but all of them are just a copy paste or only a replica of the original bitcoin .

juragane

member

Activity: 476

Merit: 10

CAT.EX Exchange

Quote from: lyks15 on March 29, 2019, 09:06:29 AM

Yes I think bitcoin will be soaring high again very soon. Because there so many companies or tie up that going to invest and take the partnership wuth the bitcoin. Not only a regular company but most of them are the biggest and leading companies in industry so we can say that people's trust is now coming back to bitcoin and it will be the reason why bitcoin's will be rise again.

Hopefully what will happen in the future will be better, because large companies have certainly calculated carefully, and made and analyzed the benefits of using bitcoin in the future, so that we can predict the possibilities that will happen in the future will be good.

betty11

copper member

Activity: 448

Merit: 3

Bitcoin has remained stable at $4,000 mark, which is a good indication, but each time it tries to move a bit higher, an unseen force drags it down. Should we be able to break out to $4,500, we might head for a short bull run. One thing that is important we ask is what is really driving it to a new high level? Something must need to propel this current market away from this current low zone.

Topic: Bitcoin Revival is On The Way - According to a trader - page 3. (Read 692 times)