Topic: BTC price will go down? - page 3. (Read 2648 times)
Crypto market is so predictable. When bitcoin price goes up, the altcoin price comes down. When bitcoin goes down, the altcoin goes down. It is only when the bitcoin is stable that altcoin rises!
There are very less chances of btc going down since it's anonymity and the recent ransomware attack. The demand is in bitcoin. More people will get introduced to it and more demand of btc will be there in the market due to which prices will rise. However, there is another crypto-currency which is said to be next bitcoin. Its ethereum. I keep track of its price and help a couple of friends in ethereum trading. I would recommend you to grab ethereum before it rises.
1. Currently very less Bitcoins are being mined compared to Bitcoins bought.
2. So the demand is high and supply is less. And this is not going to be solved any time soon.
3. People are ready to pay anything to get hold of Bitcoins.
4. Japan legalized bitcoins, and many countries are reviewing it.
5. Many VCs , Investor are investing heavily into Bitcoin Business.
6. Bitcoin is getting support from Major Technologists.
1. Currently very less Bitcoins are being mined compared to Bitcoins bought.
2. So the demand is high and supply is less. And this is not going to be solved any time soon.
3. People are ready to pay anything to get hold of Bitcoins.
4. Japan legalized bitcoins, and many countries are reviewing it.
5. Many VCs , Investor are investing heavily into Bitcoin Business.
6. Bitcoin is getting support from Major Technologists.
Definetly, with the hard fork coming and after such an amazin bull, it is only natural to see a correction, and even healthy. I'll be waiting to buy some at that drop.
There is another coming change (segwit2x) in November. If successful it should give more confidence to bitcoin investors and the price will go up. So it depends on weight and combination of these 2 factors. I expect short and small correction but in the long run it will go up anyway.
Yes, I agree with you mate. After the segwit2x, it will soar up high. As much as $7,000-$8000 within this year. Ups and Downs? Yes, that's just normal to bitcoin's price because it is very volatile. Buy despite out of it, it still continue to rise. And I would say next year it will hit to $10,000 and the next five years it will hit $25,000. It is never too late to buy bitcoins now!:)
There is another coming change (segwit2x) in November. If successful it should give more confidence to bitcoin investors and the price will go up. So it depends on weight and combination of these 2 factors. I expect short and small correction but in the long run it will go up anyway.
Yes, I agree with you mate. After the segwit2x, it will soar up high. As much as $7,000-$8000 within this year. Ups and Downs? Yes, that's just normal to bitcoin's price because it is very volatile. Buy despite out of it, it still continue to rise. And I would say next year it will hit to $10,000 and the next five years it will hit $25,000. It is never too late to buy bitcoins now!:) 
We must have accept the reality that everything will change, just like bitcoin. We experience a big increase of bitcoin price but we also expect that after this peak it would have a possibilities that it will dump. Is just normal to happen and we have experience it before.
It will never dump once again because many countries allow and give a positive sign to bitcoin. So it will never goes down if you are talking about dump then it will never happen because china is also stop making rumors against bitcoin. Where chinese investor show there positive feedback to bitcoin because there love for bitcoin is unpredictable. the price will go down to make correction price and its happen too many times in this weeks and from this, you can buy and sell bitcoin in different price and you can make profit. although now the price is looks like stable at now price but the price still have possibility to get down especially we have to see the fork in few days later. so there will be many more predictions will come out and makes the price is up and down too often.
Theory
I think because many people are buying now BTC due to "free money" the schedule to be at November ( BTC GOLD ) I believe that its price should go down because many people also transfer there funds from altcoin to bitcoin
And it good time to buy altcoin ( maybe wait even a bit longer )
What do you think?
This your theory may hold and it may not hold as we cannot really tell what will happen to bitcoin in future accurately. I have also find out that bitcoin has not been able to go down even when russia government attack it last time. Bitcoin gold splitting from bitcoin core has stimulate bitcoin's price since last week because of the free coins and like you have said, Funds are flowing from altcoins to bitcoin currently. However bitcoin will not fall because of the way people are pumping it now because of free coins and people hardly convert they bitcoin to any altcoins because they believe that bitcoin will be going up when altcoins are going up. It happened in August and history is going to repeat itself again. I think because many people are buying now BTC due to "free money" the schedule to be at November ( BTC GOLD ) I believe that its price should go down because many people also transfer there funds from altcoin to bitcoin
And it good time to buy altcoin ( maybe wait even a bit longer )
What do you think?
We must have accept the reality that everything will change, just like bitcoin. We experience a big increase of bitcoin price but we also expect that after this peak it would have a possibilities that it will dump. Is just normal to happen and we have experience it before.
It will never dump once again because many countries allow and give a positive sign to bitcoin. So it will never goes down if you are talking about dump then it will never happen because china is also stop making rumors against bitcoin. Where chinese investor show there positive feedback to bitcoin because there love for bitcoin is unpredictable.
As of now the price of bitcoin is very high and its already 5800 dollars. And they have possible the price of bitcoin decrease because fork is near. Many people as of now sell their bitcoin because they want to earn profit not lose some money if the price decrease. But I hope the price of bitcoin will continue to increase so we can make a lot of profit. More bitcoin more profit.
Nobody can predict the price only can stipulate it , my deduction for the price is if it cross $5880 again it will shoot to $6k easily since most of the money is invested in bitcoin now .
but if it does not breaks the 5880 resistance it will go down for 5400 aroundish and will jump back after fork.
still i am hoping it to reach $6+ at the year end.
but if it does not breaks the 5880 resistance it will go down for 5400 aroundish and will jump back after fork.
still i am hoping it to reach $6+ at the year end.
Now that the fork is happening, btc is appreciating in value.The price is increasing rather rapidly due to that. It seems that after the fork,there might be a dump which will make the money flow into altcoins again, thereby depreciating the value of btc. That seems to be the general consensus here.
Theory
I think because many people are buying now BTC due to "free money" the schedule to be at November ( BTC GOLD ) I believe that its price should go down because many people also transfer there funds from altcoin to bitcoin
And it good time to buy altcoin ( maybe wait even a bit longer )
What do you think?
This is just my opinion but I think bitcoin would go down in price by a huge margin from 5500$+ to below 5300$ after the free money has been distributed. My assumption is based on the current demand bitcoin gained because of the upcoming fork that will happen in November. It will just be temporary though there is a great potential of bitcoin going way above after the said price decrease.I think because many people are buying now BTC due to "free money" the schedule to be at November ( BTC GOLD ) I believe that its price should go down because many people also transfer there funds from altcoin to bitcoin
And it good time to buy altcoin ( maybe wait even a bit longer )
What do you think?
Bitcoin is in high demand from remittance settlement etc. Bitcoin doesn'tjust go down after a certain ath!
What's happening with bitcoin is the real growth. Unlike other digital currencies there is no fake price pumping. In the past, once the entire bitcoin went into a collapse and looking the scenario Public Bank of China made an inspection and made the entire assets regulated through the exchanges.
Bitcoin is really volatile, although we all know that the current price surge is due to the upcoming split on the 25th of this month, we don't know what the outlook when everything has settled down after that date. Maybe traders that initially buy bitcoins to get a free money will eventually sold and go back to the altcoin because that's why they like. So expect something like a 5-20% price correction. But if they continue to stick with the market because they like what the direction it is going, then I'm seeing another increase in price. And then there's the next month split again, which I believed that will push the price on the next level. So for me, its gonna be a roller coaster ride from here up to Oct. 25. Then another from Oct. 25 to the Nov split.
Theory
I think because many people are buying now BTC due to "free money" the schedule to be at November ( BTC GOLD ) I believe that its price should go down because many people also transfer there funds from altcoin to bitcoin
And it good time to buy altcoin ( maybe wait even a bit longer )
What do you think?
This is just my opinion but I think bitcoin would go down in price by a huge margin from 5500$+ to below 5300$ after the free money has been distributed. My assumption is based on the current demand bitcoin gained because of the upcoming fork that will happen in November. It will just be temporary though there is a great potential of bitcoin going way above after the said price decrease. I think because many people are buying now BTC due to "free money" the schedule to be at November ( BTC GOLD ) I believe that its price should go down because many people also transfer there funds from altcoin to bitcoin
And it good time to buy altcoin ( maybe wait even a bit longer )
What do you think?
yes, this is a good time to buy altcoin but others think if i buy my bitcoin to altcoin what about bitcoin gold, do i get it? altcoin prices will rise as early as november where hrd fork has finished so if you want to invest your bitcoin into altcoin do at the end of the month
Theory
I think because many people are buying now BTC due to "free money" the schedule to be at November ( BTC GOLD ) I believe that its price should go down because many people also transfer there funds from altcoin to bitcoin
And it good time to buy altcoin ( maybe wait even a bit longer )
What do you think?
I think because many people are buying now BTC due to "free money" the schedule to be at November ( BTC GOLD ) I believe that its price should go down because many people also transfer there funds from altcoin to bitcoin
And it good time to buy altcoin ( maybe wait even a bit longer )
What do you think?
Yes Bitcoin price will go down someday in the future. Part of it's characteristic is being volatile which makes it also kinda risky. This is the same and as risky as forex trading.
One of the factors that may let Bitcoin drop its price is your explanation, altcoins. However, there are also a lot of possibilities that can also bring down the price of Bitcoin and one of which is when people will panic selling Bitcoins on a market or financial crash. This happens also in stocks and other investments and that someday may also happen in Bitcoin.
I do not find it strange that bitcoin prices will go down or rise, because the bitcoin itself fluctuates frequently or unstable.
For the moment i do not see the sign of bitcoin price going down, instead i see a higher bitcoin price.
If the bitcoin price goes down then i will buy as much as possible and then sell it if the price goes back up, because i think it's all a utilization to make a profit.
For the moment i do not see the sign of bitcoin price going down, instead i see a higher bitcoin price.
If the bitcoin price goes down then i will buy as much as possible and then sell it if the price goes back up, because i think it's all a utilization to make a profit.
If people buying bitcoin because they are expecting free bitcoin gold, which mean btg will be dumped after it listed on exchanges and trading platform, but not bitcoin. Normally, bitcoin price will get corrected if its increase over 10% in a day and occurs in several days. But, as long as bitcoin price increase slowly, it may reach new ATH and keep rising until it reach at least $6500 as safe point to extract profits.
Jump to: