Topic: “Bitcoin’s no longer boring” price could fall as low as the $1500 - page 3. (Read 543 times)
November 17, 2018, 03:43:35 PM
Can't take this article very serious, because of the reasons the person above me has already pointed out.
November 17, 2018, 03:30:52 PM
more boring social drama
1. altcoins are not the cause
2. th number of $1.5k is a random pulled out of thin air number . that has nothing backing that number, no math, no stats, no reason for that particular number... thus its just a meaningless target set by someone random
all in all im thinking its some dude that just wishes he could have bought in at $1500 in 2017. missed his chance and now is praying for it to go that low.
without realising the stuff that went into the ~$6k range for 12 months
also the 12 month value line was $5800.. todays price is $5500.. only a $300 varience.. so thinking that the price is going to panic down by $4000 drop.. purely because of a $300 dip below the 12 month support... really is pushing too hard to sway the social drama sheep
1. altcoins are not the cause
2. th number of $1.5k is a random pulled out of thin air number . that has nothing backing that number, no math, no stats, no reason for that particular number... thus its just a meaningless target set by someone random
all in all im thinking its some dude that just wishes he could have bought in at $1500 in 2017. missed his chance and now is praying for it to go that low.
without realising the stuff that went into the ~$6k range for 12 months
also the 12 month value line was $5800.. todays price is $5500.. only a $300 varience.. so thinking that the price is going to panic down by $4000 drop.. purely because of a $300 dip below the 12 month support... really is pushing too hard to sway the social drama sheep
November 17, 2018, 03:21:30 PM
https://cointelegraph.com/news/bitcoins-no-longer-boring-price-heading-towards-15k-say-bloomberg-analysts
Looks like the warnings of btc dropping down to $1000 is not so far fetched after all.
Also looks like the analysts are blaming it all on the bcash war.
Can the Miners survive a drop below $2000?
Time will tell.
Quote
“Bitcoin’s no longer boring” declares Bloomberg, before stating that analysts predict the price could fall as low as the $1,500 point, a further 70 percent drop in the coin’s price.
Bloomberg cites hedge fund founder Travis Kling saying that he “didn’t sleep well” because of the potential turmoil in wider crypto markets due to the recent Bitcoin Cash hard fork:
“There’s a small chance that, it’s difficult to estimate, that something really bad could happen related to Bitcoin Cash that could then impact the entire crypto market.”
Bloomberg cites hedge fund founder Travis Kling saying that he “didn’t sleep well” because of the potential turmoil in wider crypto markets due to the recent Bitcoin Cash hard fork:
“There’s a small chance that, it’s difficult to estimate, that something really bad could happen related to Bitcoin Cash that could then impact the entire crypto market.”
Looks like the warnings of btc dropping down to $1000 is not so far fetched after all.
Also looks like the analysts are blaming it all on the bcash war.
Can the Miners survive a drop below $2000?
Time will tell.
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