Bitcoin will never reach 20,000 again - page 8.

bigink

newbie

Activity: 13

Merit: 0

Quote from: mriansa on March 20, 2018, 09:45:10 AM

Quote from: bigink on March 07, 2018, 02:20:08 PM

Simply because the WHALES take the profits whenever there's a 5 to 10 percent growth. The bottom line is Swing trading and Day trading is real and the HODL method is just what it is...

just relax bitcoin it would be easy to get back to the price of $ 20k again because the rotation of the price will always be there, not forever the price below and not forever the price is on top so do not be afraid the price will definitely go back up when there is good news from bitcoin and media it is definitely going to be easy to recover the price.

What is good news?

mriansa

full member

Activity: 560

Merit: 105

Quote from: bigink on March 07, 2018, 02:20:08 PM

Simply because the WHALES take the profits whenever there's a 5 to 10 percent growth. The bottom line is Swing trading and Day trading is real and the HODL method is just what it is...

just relax bitcoin it would be easy to get back to the price of $ 20k again because the rotation of the price will always be there, not forever the price below and not forever the price is on top so do not be afraid the price will definitely go back up when there is good news from bitcoin and media it is definitely going to be easy to recover the price.

Slark

legendary

Activity: 1862

Merit: 1004

I thought that bitcoin price won't hit certain levels in the past too - I thought that $100, then $1000 then $10000 are at that time impossible to reach.
The current price of bitcoin (and last year ATH od $22k) proves me wrong every time - I don't think that we won't see $20k in the future.
It might not be this month or even this year, but I assure you price will be MUCH higher after next halving in 2020.

susuberuang

full member

Activity: 926

Merit: 100

Quote from: bigink on March 07, 2018, 02:20:08 PM

Simply because the WHALES take the profits whenever there's a 5 to 10 percent growth. The bottom line is Swing trading and Day trading is real and the HODL method is just what it is...

it looks like bitcoin will still be able to get back to the $20k price and chances are this has got to be very good news about bitcoin usage so all countries and all investors can buy bitcoins and automatically will make the price easy to $20k. you better keep what you have when the bitcoin price drops because if you sell it you will surely experience a lot of losses.

88jewel

newbie

Activity: 85

Merit: 0

Why such a negative idea? All we need to have faith. The downward trend is part of the investment risk and so as the increasing trend.

imapessimist

jr. member

Activity: 266

Merit: 1

I don't think you can ever say never. But at the moment it doesn't look as if 20k is a possibility any time soon. New people who have been watching the market will be cautious before buying because every time the price goes up it falls again with in a day or so. And folk who have already bought and seen the price go down will be cautious too. I read that even day traders are losing money because the price is so unpredictable.

putrii

full member

Activity: 420

Merit: 100

Quote from: bigink on March 07, 2018, 02:20:08 PM

Simply because the WHALES take the profits whenever there's a 5 to 10 percent growth. The bottom line is Swing trading and Day trading is real and the HODL method is just what it is...

just calm in 2017 yesterday is the beginning of the beginning people know bitcoin and make the price very mahahl, so I hope you can be patient and you buy some bitcoin when the price is very cheap like this.

TravelMug

hero member

Activity: 2632

Merit: 833

Quote from: nydiacaskey01 on March 20, 2018, 04:33:51 AM

The current price of Bitcoin last November 25, 2017 was $8,344 USD which is almost the same price that we have today. 22 days later, Bitcoin climbed to $19,000 USD last December 17, 2017. Take note that it took only 22 days to reach $19,000 USD. So to your comment that "Bitcoin will never reach 20,000 again" its too early to close the door for that to happen. There's too many negative signals that make the price of Bitcoin go down versus positive news that will help Bitcoin price to climb up again.

Exactly. So it possible to go to $20K again but the problem is that we are getting to used seeing bitcoin at 5 figures that's why most of investors got burned on that faithful December madness. But it has proven that we can get to $20K but just a strong positive signals coming from the market speculators.

I'm sure that $20K can still be hit at the end of the year. We still have more than nine months to see a bullish run and ended up to even more than that.

99btcwah

jr. member

Activity: 30

Merit: 2

Quote from: bigink on March 07, 2018, 02:20:08 PM

Simply because the WHALES take the profits whenever there's a 5 to 10 percent growth. The bottom line is Swing trading and Day trading is real and the HODL method is just what it is...

Not the whales but the market would realize that $20k is a very much inflated value for the asset. I'm in for bitcoin but I strongly believe that the $20k peak from last year was just a one-off and market corrections would remain steady at around $11k levels.

nydiacaskey01

legendary

Activity: 1834

Merit: 1036

The current price of Bitcoin last November 25, 2017 was $8,344 USD which is almost the same price that we have today. 22 days later, Bitcoin climbed to $19,000 USD last December 17, 2017. Take note that it took only 22 days to reach $19,000 USD. So to your comment that "Bitcoin will never reach 20,000 again" its too early to close the door for that to happen. There's too many negative signals that make the price of Bitcoin go down versus positive news that will help Bitcoin price to climb up again.

dgasanka

newbie

Activity: 147

Merit: 0

I think easily Bitcoin will reach 20000 mark and beyond that by the end of this year ,Just hold BTC and will bring the magic for you.

Yatsan

legendary

Activity: 2436

Merit: 1232

Leading Crypto Sports Betting & Casino Platform

Quote from: bigink on March 07, 2018, 02:20:08 PM

Simply because the WHALES take the profits whenever there's a 5 to 10 percent growth. The bottom line is Swing trading and Day trading is real and the HODL method is just what it is...

It is absurd to think that it will never reach a market value of 20000 USD just because the price of it is currently falling continuously. We just have to wait and be patient. The thing that we are experiencing right now is just a part of its volatility and is hundred percent normal. Since the price is low at this moment we should more focus on investing and holding. Just wait until the increase take place

yonjitsu

full member

Activity: 476

Merit: 100

www.daxico.com

That's seems to be unclear whether bitcoin will rise up to 20,000$ again early or before this year ends (at its best) or will not if it will come up short. We just hope that the demand of people in bitcoin will go up high so we can really expect a real come back of bitcoin.

Sithara007

legendary

Activity: 3276

Merit: 1352

Leading Crypto Sports Betting & Casino Platform

Quote from: bigink on March 07, 2018, 02:20:08 PM

Simply because the WHALES take the profits whenever there's a 5 to 10 percent growth. The bottom line is Swing trading and Day trading is real and the HODL method is just what it is...

Not every Bitcoin investor is a margin trader or a whale. A lot of them are medium-term or long-term investors, who doesn't care much about the daily price fluctuations. IMO, the recent slump is a result of government actions in Asian nations such as India and South Korea. Within a few months, we will be able to recover from it.

quality.crypto

member

Activity: 854

Merit: 10

Quote from: bigink on March 20, 2018, 01:50:32 AM

Quote from: shone08 on March 19, 2018, 10:13:03 PM

Well we cannot predict what will happen in the next few month since market are in the red blooded situation and most people are afraid in this event happen to bitcoin and the confidence to bitcoin turn to stressed but I have high believe it will be back to normal.

Look at this image below, sorry but the situation is so painful hahaha

A BIT much...

There are many people who are panic about the present situation of the market, in the last year we have seen there is an exceptional growth in Bitcoin. People who are expecting higher price they need wait another 3 or 4 months, in crypto the major thing we need to have is Patience.

bigink

newbie

Activity: 13

Merit: 0

Quote from: shone08 on March 19, 2018, 10:13:03 PM

Well we cannot predict what will happen in the next few month since market are in the red blooded situation and most people are afraid in this event happen to bitcoin and the confidence to bitcoin turn to stressed but I have high believe it will be back to normal.

Look at this image below, sorry but the situation is so painful hahaha

http://i.imgur.com/piDjzND.jpg

A BIT much...

shone08

sr. member

Activity: 602

Merit: 262

Well we cannot predict what will happen in the next few month since market are in the red blooded situation and most people are afraid in this event happen to bitcoin and the confidence to bitcoin turn to stressed but I have high believe it will be back to normal.

Bitcoin prediction from march to april
Bitcoin price prediction for March 2018.
In the beginning price at 10409 Dollars. Maximum price $11704, minimum price $7304. The average for the month $9772. Bitcoin price forecast at the end of the month $9672, change for March -7.1%.

BTC to USD predictions for April 2018.
In the beginning price at 9672 Dollars. Maximum price $11228, minimum price $6439. The average for the month $9458. Bitcoin price forecast at the end of the month $10493, change for April 8.5%.

Look at this image below, sorry but the situation is so painful hahaha

Lumada

sr. member

Activity: 520

Merit: 250

Quote from: DeadCoin on March 19, 2018, 07:37:45 PM

Quote from: bigink on March 07, 2018, 02:20:08 PM

Simply because the WHALES take the profits whenever there's a 5 to 10 percent growth. The bottom line is Swing trading and Day trading is real and the HODL method is just what it is...

Just refer the data in CMC. In 2January 2017 the value was around $1000 and reached $21000 in December 2017. Now check the price in January 2018. It was at around $9500 to $9000. Compare the value of January. We are at a good stage at the beginning of 2018. I am sure the price would hit minimum of $30K by end of December. It may go more than that. Lets see.

It will make another ATH, don't panic ruin you. Bitcoin already proves itself.

DeadCoin

sr. member

Activity: 1246

Merit: 261

★ Investor | Trader | Promoter

Quote from: bigink on March 07, 2018, 02:20:08 PM

Simply because the WHALES take the profits whenever there's a 5 to 10 percent growth. The bottom line is Swing trading and Day trading is real and the HODL method is just what it is...

Just refer the data in CMC. In 2January 2017 the value was around $1000 and reached $21000 in December 2017. Now check the price in January 2018. It was at around $9500 to $9000. Compare the value of January. We are at a good stage at the beginning of 2018. I am sure the price would hit minimum of $30K by end of December. It may go more than that. Lets see.

ruletheworld

legendary

Activity: 1386

Merit: 1045

Quote from: poplolnman on March 19, 2018, 06:44:02 PM

Quote from: darkangel11 on March 14, 2018, 04:10:42 PM

I just saw it go to 6k and then back to 10k, so 30% rise in a month. Is that bad? Does that mean the whales will sell at every raise and won't let people profit? No, it doesn't work like that. You're allowing your emotion to drive you and you're adding to your negativity by writing those sob stories about newbies panicking and crashing the market or whales not allowing the price to rebound. We had a huge amount of Gox coins being sold in a short period of time and the market had no time to digest and redistribute this. It will regulate itself in time.

30% within a month , we can imagine if the situation run continuously what would we get in the next 3 or 4 months? Back to $20,000! We all know it's frequently happened in crypto where the price movement are so quick , up and down yeah. About the big money from mt Gox spent and sold at the market causing this stuck , I would agree , it's crazy really to sell your 300,000 Bitcoin in hurry . 20,000$ seems still realistic to reach but yeah of course not now.

We've seen prolonged bear markets in the past. This really isn't new. Give it time - Bitcoin will do fine. The tech is more exciting than ever, and applications increasing as well. Lightning is definitely a welcome addition as well. We'll see what it all adds up to in 2020!

Topic: Bitcoin will never reach 20,000 again - page 8. (Read 1761 times)