Bitcoin rise is over - page 3. | Bitcointalksearch.org

shinratensei_

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Quote from: suvo05 on October 05, 2017, 03:02:47 AM

Quote from: zokora on October 03, 2017, 02:40:16 PM

what do you think about below chart?

I think bitcoin rise is over for now. Chart shows that we are in a buble and it should be corrected.
In addition if you look at the weekly chart end of 2013, you will see that it is similar to today.
Big correction may come soon

Based on your chart how bellow bitcoin will fall after the correction ? I don't think bitcoin is overpriced of we are in a bubble. In my opinion bitcoin would be at 5500$ now if the chinese incident would not have happened.

not even new ATH reached, but people already think of corection for bitcoin price, the market is now currently stable and will probably become bullish soon, as of my opinion, there's no price correction sign uptill now.
but well, none of us can predict, everything can happen, so many factors that affect the price of bitcoin, making it hard to make a decision to whether the price will fall or rising.

Shinpako09

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It goes down again. I thought it will stay a bit longer on $4300 floor then followed by slowly rising but I was wrong and seems we will see less than $4k again. If that happen, many will get panic again as usual. We're just less than 3mos away before 2018 if the movement will be the same. We won't be able to see $5k this year.

suvo05

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Quote from: zokora on October 03, 2017, 02:40:16 PM

what do you think about below chart?

I think bitcoin rise is over for now. Chart shows that we are in a buble and it should be corrected.
In addition if you look at the weekly chart end of 2013, you will see that it is similar to today.
Big correction may come soon

Based on your chart how bellow bitcoin will fall after the correction ? I don't think bitcoin is overpriced of we are in a bubble. In my opinion bitcoin would be at 5500$ now if the chinese incident would not have happened.

jerowacik

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Quote from: Cocobrayy on October 04, 2017, 06:33:55 PM

Quote from: selline on October 04, 2017, 05:38:33 PM

I think this would be a great time to rise to the top because of the bitcoin is currently surviving on the bitcoin $4200 I am sure at the end of this month the bitcoin will increase to $4900 due to garifk pricing the value of bitcoin address the rise to the top had been going declining again as a few days ago making the users of bitcoin fear will see a decrease

I'm not sure if bitcoin will increase by $ 4900 by the end of this month as you say, you know where? I do not think anyone can predict the rise and decrease in bitcoin values. and bitcoin values can not last long, because bitcoin values are unstable.

Bitcoin prices are unstable and current prices tend to continue to decline. but we still have to expect that prices will continue to rise. although there is a correction but we see the fact that bitcoin prices always increase every year. so do not worry when you see the price decline, there are still many opportunities to feel much higher bitcoin prices.

iamTom123

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Quote from: boyptc on October 03, 2017, 03:08:07 PM

Correction of - $200 - $400 is already enough I'd guess? Don't compare it with 2013, we are different now there are so many investors now and more countries did adopted bitcoin. Bitcoin's rise will not be over and it will be going up very soon. That big correction you are talking maybe is the one that happened already last 2 weeks after China's ban and Dimon's fraud talks.

There will always be corrections from time to time...and I think that these corrections are the cushions for Bitcoin so that there will no big bubble to happen. Right now, the market is not anymore reacting to any worthless comments from any CEO or executive from a big financial institutions...maybe it got tired of hearing useless speculations from people who are anti-Bitcoin right from the beginning. We are expecting and hoping that Russia would open up its market for Bitcoin next year.

Cocobrayy

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Quote from: selline on October 04, 2017, 05:38:33 PM

I think this would be a great time to rise to the top because of the bitcoin is currently surviving on the bitcoin $4200 I am sure at the end of this month the bitcoin will increase to $4900 due to garifk pricing the value of bitcoin address the rise to the top had been going declining again as a few days ago making the users of bitcoin fear will see a decrease

I'm not sure if bitcoin will increase by $ 4900 by the end of this month as you say, you know where? I do not think anyone can predict the rise and decrease in bitcoin values. and bitcoin values can not last long, because bitcoin values are unstable.

JanpriX

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Buy The F*cking Dip

Quote from: zokora on October 03, 2017, 02:40:16 PM

what do you think about below chart?

I think bitcoin rise is over for now. Chart shows that we are in a buble and it should be corrected.
In addition if you look at the weekly chart end of 2013, you will see that it is similar to today.
Big correction may come soon

We are not in a bubble. Stop saying that. BTC's price rose big time but I think we are still not in the bubble range and if you didn't notice, we already have some corrections along the way. And don't compare it to the chart of 2013. Many say that history repeats itself but I don't think we will see that today or in the coming years. This time is very different to 2013. Many factors are now in favor to BTC compared with what we have in the previous years. Corrections here and then are bound to happen but BTC's price, I think, will rise more in the coming months.

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Quote from: Nameless27 on October 04, 2017, 04:20:57 PM

Quote from: boyptc on October 03, 2017, 03:08:07 PM

Correction of - $200 - $400 is already enough I'd guess? Don't compare it with 2013, we are different now there are so many investors now and more countries did adopted bitcoin. Bitcoin's rise will not be over and it will be going up very soon. That big correction you are talking maybe is the one that happened already last 2 weeks after China's ban and Dimon's fraud talks.

That is completely correct, 2013 is different from now. The popularity, the number of users and investors is highly important in determining the veracity and the comparability of two charts and it is a must. Therefore it only means that bitcoin price and its movement is still and will always be unpredictable than ever. This is what excites as all even the less of our worries and uncertainty. It will pumped at 5000$ at this year that is for sure.

Especially in some reasons bitcoin already legalized in the japan country which that makes very different with 2013 and a lot of the canadian countries are interested with the bitcoin as the major crypto currency and also try to take the advantage from it.

selline

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I think this would be a great time to rise to the top because of the bitcoin is currently surviving on the bitcoin $4200 I am sure at the end of this month the bitcoin will increase to $4900 due to garifk pricing the value of bitcoin address the rise to the top had been going declining again as a few days ago making the users of bitcoin fear will see a decrease

Nameless27

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Quote from: boyptc on October 03, 2017, 03:08:07 PM

Correction of - $200 - $400 is already enough I'd guess? Don't compare it with 2013, we are different now there are so many investors now and more countries did adopted bitcoin. Bitcoin's rise will not be over and it will be going up very soon. That big correction you are talking maybe is the one that happened already last 2 weeks after China's ban and Dimon's fraud talks.

That is completely correct, 2013 is different from now. The popularity, the number of users and investors is highly important in determining the veracity and the comparability of two charts and it is a must. Therefore it only means that bitcoin price and its movement is still and will always be unpredictable than ever. This is what excites as all even the less of our worries and uncertainty. It will pumped at 5000$ at this year that is for sure.

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Quote from: Harriti on October 04, 2017, 03:32:36 PM

1 Bitcoin = 100,000,000 satoshi, what do you think about this amount of satoshi will convert to USD? 100 million dollars for 1 BTC! What this? I do not think Bitcoin can does even it can be famous and become the best currency in future. This value is unreasonable.

That indeed doesn't seem to hold much reality, but we never know how things will go in the future. I always prefer to look at things from a conservative position, and with Bitcoin that isn't always easy considering that I am ultra bullish, but if that is ever going to happen, everthing need to play out in our (our as in the Bitcoiner's) favor. Institutions need to allocate a sizeable percentage of their portfolio to Bitcoin. Severe economical difficulties. People standing up for themselves, and start taking distance from this on debt based system by jumping into Bitcoin. Gold holders moving into Bitcoin, and so forth. $100 million per coin would mean an eventual market cap of $2,100,000,000,000,000. Gold's current market cap is $7,730,000,000,000.

DustyRah

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Here is another chart. We are not in any state to do a quick rise and do need to be a bit cautious. There is a lot of bad news circulating about Bitcoin these days. But all in all, there are too many investors into the game for it to drop to lows like $2000 anymore.

We may hang around this price area for many months and it may get boring but this is not a time to sell and get left at the station as the train leaves.

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Quote from: ReLieD on October 04, 2017, 01:45:22 PM

I don't personally feel that Bitcoin will rise much now . I'm not saying that it won't rise at all , but currently I guess it would stick to say 4.2k USD . Maybe after the split it might boost up and even I have a gut that one day 1 Satoshi will be equal to 1 USD Wink

1 Bitcoin = 100,000,000 satoshi, what do you think about this amount of satoshi will convert to USD? 100 million dollars for 1 BTC! What this? I do not think Bitcoin can does even it can be famous and become the best currency in future. This value is unreasonable.

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Quote from: xuan87 on October 03, 2017, 11:13:41 PM

Chart and history could be a reference to trade but it won't be accurate 100% crypto currencies is decentralized so all of the up and down is based on the market, if more and more people keep on using and investing we will see another rising and there won't be any bubble, for now maybe the rising is over but in few days the price will go up again, the Bitcoin enthusiastic is very high

Charts and history can never be fully accurate. They may not be reflective of a new asset class like Bitcoin. Does any asset class have a block reward halving equivalent in its history? So yes, I agree that Bitcoin's rise is far from over.

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Dump it!!!

Quote from: zokora on October 03, 2017, 02:40:16 PM

what do you think about below chart?

I think bitcoin rise is over for now. Chart shows that we are in a buble and it should be corrected.
In addition if you look at the weekly chart end of 2013, you will see that it is similar to today.
Big correction may come soon

One thing I can not throw out is history tends to repeat itself but we can not compare what happened back then in 2013 to todays market conditions as bitcoin arguably has much more support than it was back then and price shows demand for the digital asset is still there and growing, wouldn't say that the rise is over just yet and we not in a bubble either.

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Quote from: thend1949 on October 04, 2017, 01:49:49 PM

Quote from: xuan87 on October 03, 2017, 11:13:41 PM

Chart and history could be a reference to trade but it won't be accurate 100% crypto currencies is decentralized so all of the up and down is based on the market, if more and more people keep on using and investing we will see another rising and there won't be any bubble, for now maybe the rising is over but in few days the price will go up again, the Bitcoin enthusiastic is very high

I agree bitcoin price demand is not that fast compared from what we had experienced lately, there were situations that it's getting stabilized for a moment. We have to experience fluctuations because that's the only chance for those who holds for long term investments to sell their holdings. Also those who wanted to buy another bitcoin they can invest while price decline a little of its value.

Ya some what right Buddy. Because now a days, people was not holding their bitcoin for very long.They sell the bitcoin for their emergency need such as food ,clothes and for their medical expenses. They not even keep for more than a week and all.Unless you keep for long, you can't get high profit.

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Quote from: farhaan on October 04, 2017, 11:54:57 AM

Quote from: boyptc on October 03, 2017, 03:08:07 PM

Correction of - $200 - $400 is already enough I'd guess? Don't compare it with 2013, we are different now there are so many investors now and more countries did adopted bitcoin. Bitcoin's rise will not be over and it will be going up very soon. That big correction you are talking maybe is the one that happened already last 2 weeks after China's ban and Dimon's fraud talks.

Absolutely,correction is almost over and we should remember that this price rise is after china's impact over bitcoin's price.The biggest threat bitcoin has had from the earlier days is the china's stand over bitcoin and it has almost gone and now we could not see any other factor which has the ability to affect the bitcoin price.So,bitcoin rise is yet to continue.

This gives me a worry as upon checking the price it went down at $4,192 and I'm quite seeing a possibility that it can go lower. We may experience another dip for the next days to come or probably this week will be a red chart for the market again. Hate to say it that we should be ready again and if you can have some spare money better to ride the dip and keep on buying cheaper bitcoins.

thend1949

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Quote from: xuan87 on October 03, 2017, 11:13:41 PM

Chart and history could be a reference to trade but it won't be accurate 100% crypto currencies is decentralized so all of the up and down is based on the market, if more and more people keep on using and investing we will see another rising and there won't be any bubble, for now maybe the rising is over but in few days the price will go up again, the Bitcoin enthusiastic is very high

I agree bitcoin price demand is not that fast compared from what we had experienced lately, there were situations that it's getting stabilized for a moment. We have to experience fluctuations because that's the only chance for those who holds for long term investments to sell their holdings. Also those who wanted to buy another bitcoin they can invest while price decline a little of its value.

ReLieD

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I don't personally feel that Bitcoin will rise much now . I'm not saying that it won't rise at all , but currently I guess it would stick to say 4.2k USD . Maybe after the split it might boost up and even I have a gut that one day 1 Satoshi will be equal to 1 USD Wink

BUK2016

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I don't believe the rise in the value of bitcoin against dollar is over. What is happening at the moment is just a little correction which I believe is not even a serious correction let a lone for one to come to a conclusion that bitcoin rise is over. We have all seeing tha China effect on bitcoin in recent time past, and I don't believe such a negative announcement will come up again for the time been.

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