Btc price is allready too high - page 8.

Questat

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

Quote from: ?? on ??

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.

If they want to invest Bitcoin right now, it absolutely they don't have the choice.
Looking at the price today is really that far from where we started early this year. If we don't miss that time, we are actually doing great today and profitable but we don't.

It might be better not to chase bull run now cause it will only come momentarily. We can't push the market to be like as we wanted to happen, only the market could say and we are just be waiting in the corner.

crzy

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Quote from: ?? on ??

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.

7788bitcoin

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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

If you think that the price of bitcoin is high, no is asking to invest in it but do not advice to invest in shit coins because they are cheaper Tongue

.

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

But Other top coins are cheaper so investors Will accumulate ETH, ltc, bch eos... Coz They are cheaper

Cheaper does not mean that investors will jump into it, it must have a use case and market adoption for that to rally, there are more shit coins in the market which are cheaper and investors will invest in bitcoin as the rest of the coins are just mere duplicates or replicas of bitcoin Tongue

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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...

You do not need to purchase the entire full bitcoin, you can even invest small amounts in bitcoin and a smart investor will invest in bitcoin than in any shit coins out there Tongue

.

davinchi

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In your own imagination right, because this is simple to analyses, you say bitcoin is too expensive for people to buy, these same people, did they not see that bitcoin was expensive when they were even still purchasing bitcoin as at the time it even turned to $15000 in the last bull run, and they would have actually continued to purchase bitcoin even at $20k which majority of us even bought if not because the people who were satisfied with the profit they have gotten crashed the market and in which their investment was running into lots of money in the market.

No matter how expensive bitcoin will be, we will always be people that would buy it, there are so many rich people that believe that bitcoin will reach $100k in future, so you see that this value is still very small to them.

xenomorphe1

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if you look at the price it might be too high, but if you look at the total supply of existing coins, the current price of bitcoin is still very cheap, the price of bitcoin can be expensive when bitcoin has reached the maximum limit and it is very difficult to get bitcoin.

You should not look at the total supply, as some coins have the same total supply of coin and all the coins have been mined, but the price of a coin is less than 3 cent (for example ixcoin). The price depends on the volume of exchange. For me, the price of bitcoin is high. But for people who got it at a lesser price (or free), they would tell you that it is not expensive. It is the same thing with all things being traded.

Rajbir1994

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I do not believe that bitcoin is already too high since the all-time high is at $20K last 2017. So people who believe that i is too high maybe are afraid to invest at that amount but when it further goes down to let's say 5K, then they might say it is too scary to invest because bitcoin may fail as an investment engine. Come on people, wake up, bitcoin is still a baby compared to stocks and the money market. Give it a chance.

The market is uncertain, so without doubt there'll be fear among the people. Very few overcome the fear and profit out of the same. Very few consider it a way to try their luck, this way higher price always creates a dilemma whether to invest or not. Maybe considering the ath value of bitcoin $10000 might be low. By the time when we compare it with the lowest price of the year 2019 reaching close to $3000 what we've right now is big.

Yeah, there are always rise and fall in business. If you invest in some crypto in order to gain some extra money. This is a kind of business. So you should face the profit and loss at the same time. When the market rise then profit otherwise lose. It's logical. Thank you!

alan2here

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I do not believe that bitcoin is already too high since the all-time high is at $20K last 2017. So people who believe that i is too high maybe are afraid to invest at that amount but when it further goes down to let's say 5K, then they might say it is too scary to invest because bitcoin may fail as an investment engine. Come on people, wake up, bitcoin is still a baby compared to stocks and the money market. Give it a chance.

Maybe at this stage, BTC is not good for investment but if you choose long-term investment, this investment will definitely help you earn a huge amount of money in the next few years because people tend to keep BTC more . I think the value of BTC is invaluable because any price can be achieved if the market tends to go up and we just need to wait to see that. Of course it won't happen next year but if you look at the volatility of this market, 2022 is the perfect time for crypto.

prehisto

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basically you discredited your opinion with saying that in order to invest in BTC, investor ahs to have at least 10k USD, lol!
You know that BTC can be divded Cheesy

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BTC is not to high or low, it is currently wedging in an soon wil show the direction.

cryptic4000

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Although Bitcoin Dominance is declining compared to ATH, its price has not dropped much as the alts are still rising.
This is not a good sign to buy Bitcoin, because sooner or later, investors will go against the trend to sell BTC and buy alts.
We should still wait until the value of BTC drops to $ 9k.

I think the price of $9000 will happen soon because the crypto market today is not really stable and is on a downtrend so it is possible that this month will have a huge adjustment from this coin. I have been watching this coin for the past 2 years and sometimes I see huge fluctuations so the uptrend of this market can end in just one day if BTC has a big drop. Currently we all live in the bear market and there are no guarantees for all investors during this time.

stfN2128

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Interesting thesis, so you think investors put their money in cheap coins because they are cheaper than bitcoin. Roll Eyes

Its like you say investors rather invest into pennystocks than into blue chips.. wrong and wrong. bitcoin is still in the triangle... you will see some bigger price moves soon
"Bitcoin price is already to high" - compared to?

BlinkInDie

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Quote from: BillGoldberg on September 19, 2019, 07:26:32 AM

I wouldn't say that it's already high tbh, we're playing around the 9k to 10k mark and this may still be the dip, we'll never know. Historical data shows that the price of BTC increases whenever halvening occurs and especially with the launch of BAAKT, I imagine BTC possibly breaking the 11k resistance mark. People who are into long-term will not hesitate to buy btc even at it's slightest drop to 9k, we should also look into other projects who are revolutionizing the space and helps mass adoption, we don't want the government to keep owning our own money.

I agree with BTC possibly shooting up with BAAKT successfully scheduling their launch date, big restaurants will be using BAAKT to accept btc as their payment which will benefit the consumers more rather than the institution. As for other projects, there's a lot helping mass adoption like a mobile carrier in Korea aiming to be the first data provider globally with the same fees. That right there explains the power of blockchain and crypto, and makes it the most innovative technology in this decade.

BillGoldberg

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I wouldn't say that it's already high tbh, we're playing around the 9k to 10k mark and this may still be the dip, we'll never know. Historical data shows that the price of BTC increases whenever halvening occurs and especially with the launch of BAAKT, I imagine BTC possibly breaking the 11k resistance mark. People who are into long-term will not hesitate to buy btc even at it's slightest drop to 9k, we should also look into other projects who are revolutionizing the space and helps mass adoption, we don't want the government to keep owning our own money.

Jating

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Bitcoin has a downward trend on the last 16 hours or so and the price is below five digit now. So if you think that the price is too high, then this is a good opportunity to purchase because of the dip. I guess those complaining that the price is expensive doesn't know what bitcoin can bring to see, thus full of complains and bitching around.

But for those who understand the price movement, and like purchasing when the price tends to go on a correction, they will continue to do so and will keep investing as long as they can and HODL on them for the next coming years before liquidating and getting their huge profit.

bitkanu

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The down of the economy will be forced the investors to move their money to something that will give them all profits and bitcoin is one of this investment that can be trusted. I hope that you can try to see about how bitcoin was doing a very good job and it has made a lot of investors become a rich person.
Bitcoin is not about betting on its price but it has used by so many companies to pay the employers too and so far there was no problem with bitcoin. If you are thinking if that's too high for you and just don't buy that.

Ararbermas

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Bitcoin still low mate because the real ATH is 20k , as the matter of fact it fluctuate again . And in my opinion investors are not afraid to invest with bitcoin wherein there's a reason they don't contribute which probably because of being so busy gaining quick profits on some alternative coins.

btc78

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Lol btc price now drops to $9k level again so the mentioned 10-11$k had been break and were looking for another fall so we can accumulate more 😂

Quote from: herfianto on September 18, 2019, 01:27:31 PM

I don't think 10K is too high for BTC price, for me it is a reasonable price because this price can increase again. For me is no risk invest in BTC because BTC is the best cryto and profitable for long term investment.

Well we have our own opinion so things can change because of volatility,for Bitcoin holders(the legit one and not those pretenders)can hold for longer without even looking for the market price but those pretender will surely panicked when some falls happen soon

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There is no doubt that bitcoin does have a higher price than altcoin, even its dominance is still higher today. it's just that, I believe that the development of bitcoin prices will not stop here. I am still very optimistic that the price of bitcoin can reach prices above $ 20000, therefore, I do not hesitate to hold it until now. Besides that, in the crypto world, one of the important things that can move prices is demand, so I think in the near future, demand for altcoins like ethereum will develop in the near future.

pieppiep

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Quote from: herfianto on September 18, 2019, 01:27:31 PM

I don't think 10K is too high for BTC price, for me it is a reasonable price because this price can increase again. For me is no risk invest in BTC because BTC is the best cryto and profitable for long term investment.

Yes, bitcoin price can increase again. But there is a risk that we should understand and that can happen anytime. If you want to invest in bitcoin, make sure you use the money you are ready for everything, including the down moment that can happen anytime too. If you can accept that, you can invest and buy bitcoin at any price, and you don't have to wait for the down of the price.

But still, it is better to wait for a while until the price can get down at a low price so you can get bitcoin in the bottom. To get the bottom price will be difficult as no one will know when it's happening. You can watch the market and analyze or draw a line to predicting when the price will get down so you can prepare your money to buy.

As long as you can follow the price at the market, I think you can always get a low price, but if somehow the price now is good to buy, you don't have to wait for a low price to buy bitcoin.

herfianto

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I don't think 10K is too high for BTC price, for me it is a reasonable price because this price can increase again. For me is no risk invest in BTC because BTC is the best cryto and profitable for long term investment.

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Quote from: o48o on September 18, 2019, 03:02:51 AM

Posts like this one makes me think that the next big bullrun of btc is near. Cheap is a relative concept but when you read about btc fundamentals it's pretty obvious (to me at least) that it's undervalued.

The problem with using fundamentals is that while it can tell you the overall direction the market will take during the next months or years it doesn't tell you when that is going to happen, so while I agree that the price of bitcoin is cheap compared to what it could be in the future we do not know for how long we will have to wait in order to see that price, and when I compare the current price of bitcoin to the all time high and I do the same with altcoins like ETH it seems to me that altcoins seem to be a better long term bet than bitcoin.

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