Btc price is allready too high - page 7.

novaprime

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Quote from: Bananington on September 24, 2019, 06:36:39 PM

I do not really think BTC price is already too high. Even when BTC was 3k$, many said its too high to invest. The truth remains that BTC is the safest coin to invest in, this is because many altcoins few years back are no where to be found today. So when talking about long term investment, BTC should always take a greater portion of your portfolio in my own opinion and not otherwise.

BTC is a safe investment but the volatility of this coin is huge and today the value of BTC has dropped to $7700 in just a few hours. This really makes a lot of investors worry because any coin in this market has its own risks in investing. I think instead of choosing BTC, you should hold gold because this is a more stable market than the crypto market. Maybe everyone has different thoughts but this year is not good for investment.

Bananington

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I do not really think BTC price is already too high. Even when BTC was 3k$, many said its too high to invest. The truth remains that BTC is the safest coin to invest in, this is because many altcoins few years back are no where to be found today. So when talking about long term investment, BTC should always take a greater portion of your portfolio in my own opinion and not otherwise.

South Park

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Quote from: crzy on September 19, 2019, 05:25:31 PM

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Well bitcoin price is not too high yet, it still cheap good to invest, only time can tell when it will increase. I don't think investors afraid to invest in bitcoin because of not increasing anymore. I believe that there are some investors believes that bitcoin will reach again at the highest price just like the year 2017.

New investors have no choice but to buy at the current price because the price of bitcoin will never go back to a more cheaper price. It is still cheap because we already know the peak price and we believe that the new ATH will come at the right time.

Not really, investors that are new to the market of cryptocurrencies can choose to wait and see if the price of bitcoin and many other coins goes down, if enough investors begin to do this you can be sure that it will be impossible to mantain the price of bitcoin as the demand goes down, however that is a risky maneuver because as we know we are getting closer to the next halving and the price has the tendency to go up after it as the market feels the decrease in the supply of bitcoin.

fakefrombot

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I think that 10,000$ is a new stable level for bitcoin. So price now is in consolidation stage. It should not fall under 9k$ anymore in near year or two. And yes, 10k is a half of historical maximum so I am very happy to see 10k$ per btc. Don't really understand people who telling now that market in depression or so. Bitcoin market gave a HUGE profits this year for those who bought it a few month ago. So stop waiting 2019 bitcoin pump its already happened.

But main problem now is alt coins market. They are fu**ng cheap now and nobody buying them. If bitcoin returned to 10k$ then Ethereum should be 500$ atleast but its 180-190... This year is a year of bitcoin.. Hope 2020 will year of alt coins... Roll Eyes

puremage111

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Well when its 20,000 of all time high, 10,000 might seems pretty high

But when one day each Btc is worth $100,000
$10,000 is really nothing
BTC has shows its strong position in the financial instruments category
People start to include btc into their finance portfolio
So "too high" for now maybe, not in the future when Bitcoin goes to 5 digit

The Cryptologist

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Too high? Just wait until bitcoin reached $30k or $50k next year and everyone who hesitated to buy will look back at its current $10k price that took forever and they will automatically say that they should have bought earlier. Because that is the truth, a lot of people would not buy when it is getting dumped but they will get ahead after each other when there is a large FOMO because of the price shooting up.

alan2here

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Bitcoin still not very high the price because it is not the end of the price of this coin it is the started of increasing the value of it. And no one can know if the bitcoin is the highest price already reached but I believe it's not already so better to have that coins more. Halving is not yet happen so means that bitcoin will increase more.

Everyone has their own predictions and we cannot predict exactly what will happen next. I think the BTC price is still very cheap right now and can choose long-term investment if you have some savings. I often use my monthly salary to invest in BTC because I have a strong belief in this market and this investment can be of great help to me in the near future and I am sure BTC will soon be applied in my daily life

ashmodeus

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Quote from: Polo7 on September 17, 2019, 12:40:48 PM

Btc price is allready too high.

Investors are afraid to invest That's Why btc is Not Going Up now

well, maybe yes , maybe not , i am not really sure what a "worth" price for BTC . because BTC its a new thing.
did u know what a worth price for Gold at the beginning ?

Quote from: Polo7 on September 17, 2019, 12:40:48 PM

Btw... Who got Money 10k anyways to just trough to at risk to buy Some risky Cryptocurrency like Bitcoin

Other coins are cheaper im sure investors Not mind to invest like 1000 $ in to risk...

some crazy big whales , maybe
or some people who can prediction a new ERA of money system,who know.

Quote from: Polo7 on September 17, 2019, 12:40:48 PM

Here is my possible scenario

Btc Will tremain 10k to 11k price and sametime Other coins Will climb Up!

well, I appreciate your scenario.
but according the fact , its seems imposible , since dominance of btc over 65%

coinswebid

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Bitcoin still not very high the price because it is not the end of the price of this coin it is the started of increasing the value of it. And no one can know if the bitcoin is the highest price already reached but I believe it's not already so better to have that coins more. Halving is not yet happen so means that bitcoin will increase more.

next year the halving event on bitcoin will be happend mate
and for sure the demands will coming when this halving even on bitcoin happend,
in my opinion next year bitcoin pricce will grow and reach 50K Usd, so the price of bitcoin now still undervalued

MrPiggles

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Quote from: hahay on September 21, 2019, 11:32:21 AM

If the price of bitcoin has been too high and no investors have entered to invest in bitcoin, then we can assume and can see the price of bitcoin that continues to fall maybe to zero. But in reality there is still demand going on which makes bitcoin prices still go up and down so far and it proves that there are still many investors who invest in bitcoin. So, it is still very possible that the price of bitcoin continues to increase until it reaches the next ath, and of course investors still believe that a large increase and get profit from bitcoin can still occur.

I think the value of BTC is really very cheap now and this investment is worth the wait in the future because this is a coin that brings safety to investors and if they trend to hold more then looks great for the long term. People are taking a different view of crypto and they are willing to invest in this market so the investment demand will be huge so instead of worrying, you should spend a small amount to buy right now. Of course it is not 100% sure because BTC is often volatile in price and it is difficult to determine the future of this market.

Oceat

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Well, looks like Bitcoin is starting to decline this time as I watched the chart it just go down to $9,970 today. Is this the highest price that we are talking about? The price was running around like this since the start of this month dropping and gaining from $9,000 to $11,000 but never breaks the$13,000 resistance.

cribusen

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Quote from: Polo7 on September 17, 2019, 12:40:48 PM

Btc Will tremain 10k to 11k price and sametime Other coins Will climb Up!

Or it will increase after the big Bakkt launch and will leave absolutely no space for altcoins. If the dominance is already above 70 percent, I cannot imagine that after such an event, BTC dominance would go down. BTC will increase in price till the end of this year.

Samurai trieng

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In my opinion With the current high price of BTC, the impact is very good for altcoin, and other coins, because BTC is the parent of all coins, automatically if BTC rises, other coins will also be jacked up, even though the movement is rather slow, but I'm sure if investing in the long run will generate huge profits, and choose coins that have the potential and causes of high BTC prices because of many requests by the investors, so, we can conclude that BTC is very loved in the cryptocurrency world

hahay

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If the price of bitcoin has been too high and no investors have entered to invest in bitcoin, then we can assume and can see the price of bitcoin that continues to fall maybe to zero. But in reality there is still demand going on which makes bitcoin prices still go up and down so far and it proves that there are still many investors who invest in bitcoin. So, it is still very possible that the price of bitcoin continues to increase until it reaches the next ath, and of course investors still believe that a large increase and get profit from bitcoin can still occur.

SquallLeonhart

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Quote from: tarable on September 20, 2019, 03:09:51 AM

Quote from: marcbitcoins on September 19, 2019, 10:20:12 PM

The reason that sometimes i don't believe in some speculations that Bitcoin will reach $100k to $1M in the future because i think that the more Bitcoin to become more expensive to purchase is the more difficult for the small time investors to invest but still $10k is not what im looking for so im still very optimistic that Bitcoin will still reach $20k again soon.

It makes sense bro, if the price of Bitcoin reaches $ 100k, surely it would be very difficult for investors to buy it, but on the one hand for the old holders of course this is very beneficial for them, no one knows too whether the price of Bitcoin will reach $ 100k in the future.

Bitcoin will reach $100K in future and even more which no one is asking anyone to buy it at that high, there are smaller units of bitcoin like satoshi, when bitcoin become high, high firm will only be using it to move large amount of money at once within their wallet, but the real feature of bitcoin is the payment, and many people would actually be suing the smaller units, so if one bitcoin is $100,000k, and you only need to purchase $5k, it is still possible, so you don’t have to buy the whole of the $100k.

You are thinking that people cannot afford it because of the investment aspect of it, but do you think that investment will remain that way for life? Time will come that people will accept it for payment a lot and that is what it will be used for the most.

tarable

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Quote from: marcbitcoins on September 19, 2019, 10:20:12 PM

The reason that sometimes i don't believe in some speculations that Bitcoin will reach $100k to $1M in the future because i think that the more Bitcoin to become more expensive to purchase is the more difficult for the small time investors to invest but still $10k is not what im looking for so im still very optimistic that Bitcoin will still reach $20k again soon.

It makes sense bro, if the price of Bitcoin reaches $ 100k, surely it would be very difficult for investors to buy it, but on the one hand for the old holders of course this is very beneficial for them, no one knows too whether the price of Bitcoin will reach $ 100k in the future.

traderethereum

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If in the future, bitcoin price can increases so high, the price now is not too high.
But we don't know how it will be in the future so we could only buy bitcoin from now on.
But right now, I think people who don't have money to buy 1 bitcoin will buy in small money. And they will decide to buy altcoin as an alternative investment because the altcoin price is not too high depends on bitcoin price.
So if the altcoin can increase in the next bull, run then they can make a huge bitcoin amount which they can sell it to make another profit when bitcoin price increases.
I think people will not think about the bitcoin price now is too high or not because they think that bitcoin can be the next investment that will give them a big profit in the future.
People will manage their money to invest in bitcoin and altcoin because from bitcoin and altcoin they will make money.

marcbitcoins

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The reason that sometimes i don't believe in some speculations that Bitcoin will reach $100k to $1M in the future because i think that the more Bitcoin to become more expensive to purchase is the more difficult for the small time investors to invest but still $10k is not what im looking for so im still very optimistic that Bitcoin will still reach $20k again soon.

sehoon

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Even though you tell us that it is too high there is nothing really to worry about when it comes to investments. It shall come down anytime and the investors can come again. BTC price being too high is just normal.

shoreno

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Quote from: Questat on September 19, 2019, 06:34:52 PM

If they want to invest Bitcoin right now, it absolutely they don't have the choice.

if they badly need to invest asap because they are too impatient to wait then yes they dont have any choice than to buy on the current value . its not bad to buy now because btc 1 whole btc is not that much expensive versus to its last months price . however if the person is willing to wait or not rushing then he still have a choice to refrain from buying but instead he can wait for more better opurtunity like waiting for the dip .

Quote from: Questat on September 19, 2019, 06:34:52 PM

It might be better not to chase bull run now cause it will only come momentarily.

thats true indeed. chasing it will only make you dissapointed because it wont come easily as what you thought but its still not bad to assume or to make it as a goal or inspiration because this is what the reason why majority are here hodling .

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