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Topic: Btc price is allready too high (Read 3927 times)

sr. member
Activity: 1722
Merit: 252
October 26, 2019, 06:40:32 PM
Today the price of bitcoin is too high, just imagine yesterday the price of bitcoin is still at $ 7400. But today is really surprising,
in just a few hours bitcoin has already reached the price of $ 9500. With very significant price increases like this it makes a lot
investors are hesitant to enter the market because the price of bitcoin is overvalued. Therefore, my advice is not to enter the
market right now, waiting for the price of bitcoin to go down first. The recommended price for buying bitcoin is around $ 8000.
long time ago, when btc price $ 5000 was too high
when btc price $ 10,000 was too high
when btc price $ 15,000 was too high
when btc price $ 19,000 was too high

but, the price is still pumping even when many people said too high. let's learn from history, this is btc price behaviour!

Everyone would say expensive at any price, I knew bitcoin at the end of 2015 and the price was around $ 260 and many people said it was expensive, but now many are sorry for not buying when the price was still $ 260.
hero member
Activity: 3024
Merit: 745
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October 26, 2019, 07:52:05 AM
It's funny to see this thread that during the time it was posted the price was $10,000. But few days ago bitcoin's price was $7,400 and was bound to go lower but now, everyone saw it moved to $10,000 but gone down quickly back to $9,300.
Now, Op you should've considered buying a few days ago because the price wasn't so high.
sr. member
Activity: 938
Merit: 256
October 26, 2019, 07:46:45 AM
Bitcoin is a forever demand cryptocurrency so peoples are always buy this coin. But two years before it will raise slowly so many peoples are stay stock market. The current pump and dump make more investors so it will raise further years. The current fluctuation is little drawback on previous investors, but nee investors buy more BTC in this drop.

BTC has risen up and on the way to 10k, maybe this is the beginning of attracting new investors or calling back the old investors.
Market is green-ing today and it seems going to be stable for next pump. people are buying now , marketcap has increased.
sr. member
Activity: 700
Merit: 250
October 26, 2019, 07:39:26 AM
It does not matter, how much does BTC cost. If there is enough demand people would buy BTC even for 40k USD. As you can see, some strong hands are buying a lot right now, who knows when it is going to fall again.
Bitcoin is a forever demand cryptocurrency so peoples are always buy this coin. But two years before it will raise slowly so many peoples are stay stock market. The current pump and dump make more investors so it will raise further years. The current fluctuation is little drawback on previous investors, but nee investors buy more BTC in this drop.
sr. member
Activity: 1064
Merit: 253
October 26, 2019, 07:07:55 AM
Very often there is information that cryptocurrency and, in particular, Bitcoin are interested in quite rich people, including big business, but nevertheless they are worried about a possible shortage of transactions and, accordingly, a high transaction price because of this.  If this problem is solved, then it means that Bitcoin will receive a sufficiently large investment and its price will increase several times.  I am sure about that.  Bitcoin price increase due to its demand may in the future bring stabilization and, accordingly, use as a means of payment every day.


Since when did Bitcoin gain some kind of sentient behavior to be able to get interested in "quite rich people" anyway?

Bitcoin doesn't need large investment big banks and Libra and Facebook to support it. It just needs normal guys like you and me to use it in our daily lives. So don't worry about price being too high etc. Just get in, get as much as you can, and things will work out for everyone. Stop thinking about price!
Big companies, rich peope, governments, and Financial Institutions they need to store some of their wealth to alternatives like bitcoin, bitcoin isnt restricted to certain types of people.
copper member
Activity: 490
Merit: 2
October 26, 2019, 06:12:43 AM
It does not matter, how much does BTC cost. If there is enough demand people would buy BTC even for 40k USD. As you can see, some strong hands are buying a lot right now, who knows when it is going to fall again.
legendary
Activity: 2674
Merit: 1226
Livecasino, 20% cashback, no fuss payouts.
October 26, 2019, 06:01:46 AM
Very often there is information that cryptocurrency and, in particular, Bitcoin are interested in quite rich people, including big business, but nevertheless they are worried about a possible shortage of transactions and, accordingly, a high transaction price because of this.  If this problem is solved, then it means that Bitcoin will receive a sufficiently large investment and its price will increase several times.  I am sure about that.  Bitcoin price increase due to its demand may in the future bring stabilization and, accordingly, use as a means of payment every day.


Since when did Bitcoin gain some kind of sentient behavior to be able to get interested in "quite rich people" anyway?

Bitcoin doesn't need large investment big banks and Libra and Facebook to support it. It just needs normal guys like you and me to use it in our daily lives. So don't worry about price being too high etc. Just get in, get as much as you can, and things will work out for everyone. Stop thinking about price!
sr. member
Activity: 1077
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
October 26, 2019, 05:47:05 AM
Today the price of bitcoin is too high, just imagine yesterday the price of bitcoin is still at $ 7400. But today is really surprising,
in just a few hours bitcoin has already reached the price of $ 9500. With very significant price increases like this it makes a lot
investors are hesitant to enter the market because the price of bitcoin is overvalued. Therefore, my advice is not to enter the
market right now, waiting for the price of bitcoin to go down first. The recommended price for buying bitcoin is around $ 8000.
long time ago, when btc price $ 5000 was too high
when btc price $ 10,000 was too high
when btc price $ 15,000 was too high
when btc price $ 19,000 was too high

but, the price is still pumping even when many people said too high. let's learn from history, this is btc price behaviour!
sr. member
Activity: 1064
Merit: 253
October 26, 2019, 04:47:13 AM
Today the price of bitcoin is too high, just imagine yesterday the price of bitcoin is still at $ 7400. But today is really surprising,
in just a few hours bitcoin has already reached the price of $ 9500. With very significant price increases like this it makes a lot
investors are hesitant to enter the market because the price of bitcoin is overvalued. Therefore, my advice is not to enter the
market right now, waiting for the price of bitcoin to go down first. The recommended price for buying bitcoin is around $ 8000.
I do hope it stabilize at this price and let the altcoins catch up and i dont think that this is a high price for bitcoin since its a global market. They buy moment was at the $7k range.
sr. member
Activity: 1876
Merit: 318
October 26, 2019, 03:36:39 AM
Today the price of bitcoin is too high, just imagine yesterday the price of bitcoin is still at $ 7400. But today is really surprising,
in just a few hours bitcoin has already reached the price of $ 9500. With very significant price increases like this it makes a lot
investors are hesitant to enter the market because the price of bitcoin is overvalued. Therefore, my advice is not to enter the
market right now, waiting for the price of bitcoin to go down first. The recommended price for buying bitcoin is around $ 8000.
sr. member
Activity: 1148
Merit: 252
October 26, 2019, 02:43:29 AM
and that is also what people said when the BTC first touched 3000 $, they thought it was too high, but that did not dampen investors' intention to buy it.
so I think in any market condition reliable investors can take advantage of opportunities and find solutions.
bitcoin and investment is an inseparable relationship and investment without investors is not possible so in my opinion bitcoin still exists of course investors will still have value and high prices also there will certainly still be some who are interested in buying investments with crypto currencies we must be clever in take advantage of every opportunity that will be obtained in investing with crypto currencies and needed confidence and patience as the best capital
full member
Activity: 714
Merit: 104
October 25, 2019, 12:53:20 PM
I think the price of bitcoin at this time is still not too high, if you can say the price is still very cheap because currently there is still more than 3 million pieces of bitcoin supply, which in my opinion can still potentially be very expensive when the circulation of bitcoin has reached the maximum from the available supply.
I really agree with what you say, Because, in my opinion the number of bitcoin stocks greatly affects the price of bitcoin on the market, of course the less bitcoin stock left will certainly make bitcoin prices more expensive, especially in May 2020 there will be a halving day and an estimated 210,000 blocks will be reduced so that automatically the reduction for bitcoin remaining and this reduction will have an impact on the provision of bitcoin as a whole, so that bitcoin will potentially be more expensive because it allows demand to exceed the supply in the market.

Very often there is information that cryptocurrency and, in particular, Bitcoin are interested in quite rich people, including big business, but nevertheless they are worried about a possible shortage of transactions and, accordingly, a high transaction price because of this.  If this problem is solved, then it means that Bitcoin will receive a sufficiently large investment and its price will increase several times.  I am sure about that.  Bitcoin price increase due to its demand may in the future bring stabilization and, accordingly, use as a means of payment every day.
sr. member
Activity: 1694
Merit: 268
Binance #SWGT dan CERTIK Audited
October 25, 2019, 10:57:06 AM
I think the price of bitcoin at this time is still not too high, if you can say the price is still very cheap because currently there is still more than 3 million pieces of bitcoin supply, which in my opinion can still potentially be very expensive when the circulation of bitcoin has reached the maximum from the available supply.
I really agree with what you say, Because, in my opinion the number of bitcoin stocks greatly affects the price of bitcoin on the market, of course the less bitcoin stock left will certainly make bitcoin prices more expensive, especially in May 2020 there will be a halving day and an estimated 210,000 blocks will be reduced so that automatically the reduction for bitcoin remaining and this reduction will have an impact on the provision of bitcoin as a whole, so that bitcoin will potentially be more expensive because it allows demand to exceed the supply in the market.
sr. member
Activity: 1582
Merit: 253
October 25, 2019, 10:41:29 AM
and that is also what people said when the BTC first touched 3000 $, they thought it was too high, but that did not dampen investors' intention to buy it.
so I think in any market condition reliable investors can take advantage of opportunities and find solutions.
agree with what you say in your opinion as an investor with crypto and bitcoin investment in particular we cannot predict with certainty its development and we must be clever in utilizing every opportunity in investment, the confidence and patience of investors is the main capital in investing if bitcoin is experiencing these developments is the hope of investors in investing
sr. member
Activity: 1077
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
October 25, 2019, 09:21:51 AM
Btc price is allready too high.

Investors are afraid to invest That's Why btc is Not Going Up now
First of all, i wanna say you have good prediction, that is proven now by the price going down from 13,000 to 7,400 $

Quote
But Other top coins are cheaper so investors Will accumulate ETH, ltc, bch eos... Coz They are cheaper
unfortunatelly, i dont see any accumulates now, alt is still stuck with no any sign to accumulate
i think it still happens until end of this year

hero member
Activity: 2086
Merit: 553
Leading Crypto Sports Betting & Casino Platform
October 25, 2019, 07:40:32 AM
Bitcoin is not high for investors, Investing when bitcoin is high or low is all in your advantage of making profit. We shouldn't wait when bitcoin price gets too low before we invest. Waiting for bitcoin to reach $3k before investing won't happen, so stop waiting and invest now
What is done in investing is an analysis first before wanting to get the point of what to buy bitcoin. because if we are only driven to prices without a basis for the reason whether the price is still low or high category we will not know and just continue to wait for the lowest point
sr. member
Activity: 1064
Merit: 253
October 25, 2019, 07:27:55 AM
People have different idea, you think that the current price high but there are people who think the opposite, the value is determined by each of the individual own perception. There are people who are willing to buy it at the current price, it is one factor of demand.
member
Activity: 672
Merit: 29
October 25, 2019, 07:19:59 AM
Bitcoin is not high for investors, Investing when bitcoin is high or low is all in your advantage of making profit. We shouldn't wait when bitcoin price gets too low before we invest. Waiting for bitcoin to reach $3k before investing won't happen, so stop waiting and invest now
legendary
Activity: 2156
Merit: 1018
Buzz App - Spin wheel, farm rewards
October 14, 2019, 08:47:38 PM
the area around 10,000 USD is a resistance point that must be broken in order to become a strong support, but we cannot be sure when BTC that area altcoin will rise, because we have to look at the dominance market, whether above 50% or below.
and we also have to see whether BTC is sideway or not, because altcoin will be hard to go up even though the price of BTC has gone up high but not sideway.
sr. member
Activity: 980
Merit: 255
October 14, 2019, 01:27:23 PM
Judging by the fact that over the past few months, the capitalization of the cryptocurrency market has remained at 40%, and given that the lion's share of the market capitalization falls on Bitcoin, this indicates primarily that the popularity of Bitcoin has slightly decreased.  Apparently, users are reluctant to leave their funds in cryptocurrency, so they withdraw their assets in fiat.
Which is a completely natural response don’t you think? After the crash we saw a few years ago investors are not taking any chances, if the price goes down then they immediately sell their coins and get fiat in return, while this will make the recovery of this market harder to achieve it is also more healthy for it, since it is not natural to see a crash of 85% on most coins of the market and still claim that holding your coins is a good idea.
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