BULL VS BEAR - page 4. | Bitcointalksearch.org

AjithBtc

sr. member

Activity: 1666

Merit: 276

Vave.com - Crypto Casino

Quote from: Wysi on October 07, 2019, 04:53:54 PM

Quote from: wildey on October 07, 2019, 02:20:33 PM

I vote for the price of bitcoin to the level of $ 9,000. from what I read, the predicted price of bitcoin this month is approaching the price of $ 8500. however, given the current conditions, the price of bitcoin is recovering quite quickly from the price of $ 7900 to the price of $ 8300. $ 400 price increase in a short amount of time. if the price of bitcoin rises like this in October, I don't think it's hard to reach $ 9,000.

Yes there are chances that the value of bitcoin will increase further and either this might be the repeat of what happened in the last quarter of 2017 or else just a temporary pump before one more bearish season. It's never hard to reach $9,000 as this mark has been achieve multiple times but the real challenge here is about the stability even if the value reaches $9,000 mark there are chances of more fluctuations.

Price fluctuations are happening with the margin of $7800-$8300. This might continue for a while before getting pumped hard reaching the $10000 tag which takes the price of bitcoin reach a step higher than the present value. If the trend continues there will be small scale growth along with the price fluctuation. This could end up around $12000 by the end of the year.

Wysi

sr. member

Activity: 1638

Merit: 261

Quote from: wildey on October 07, 2019, 02:20:33 PM

I vote for the price of bitcoin to the level of $ 9,000. from what I read, the predicted price of bitcoin this month is approaching the price of $ 8500. however, given the current conditions, the price of bitcoin is recovering quite quickly from the price of $ 7900 to the price of $ 8300. $ 400 price increase in a short amount of time. if the price of bitcoin rises like this in October, I don't think it's hard to reach $ 9,000.

Yes there are chances that the value of bitcoin will increase further and either this might be the repeat of what happened in the last quarter of 2017 or else just a temporary pump before one more bearish season. It's never hard to reach $9,000 as this mark has been achieve multiple times but the real challenge here is about the stability even if the value reaches $9,000 mark there are chances of more fluctuations.

wildey

sr. member

Activity: 1148

Merit: 254

I vote for the price of bitcoin to the level of $ 9,000. from what I read, the predicted price of bitcoin this month is approaching the price of $ 8500. however, given the current conditions, the price of bitcoin is recovering quite quickly from the price of $ 7900 to the price of $ 8300. $ 400 price increase in a short amount of time. if the price of bitcoin rises like this in October, I don't think it's hard to reach $ 9,000.

CarnagexD

sr. member

Activity: 1498

Merit: 374

Leading Crypto Sports Betting & Casino Platform

As you can see the movement of the price of bitcoin it seems that we might see again bear market or if not the price might remain or stay at the price of 8000$. The current price of bitcoin is around 7800$ to 7900$ so we do not know if this price might fall or might rise. For me, if there will be a new coming bull run in this last quarter of the year 2019 we might expect that before the bitcoin halving the price have a chance to surpass its all-time high price. I still believe that its more on the bull run than in having a bear market.

exstasie

legendary

Activity: 1806

Merit: 1521

Quote from: GLOTHYD on October 05, 2019, 12:50:05 PM

Bitcoin Price Factors
News background and the forecasts of experts. The events that occur around Bitcoin, directly affect the cost of cryptocurrency. For example, hacking of exchange platforms and negative statements by experts in the cryptocurrency sphere lead to decline in the BTC price. On the other hand, positive developments contribute to the Bitcoin value rise. Recall at least the inclusion of Bitcoin Cash in the listing of Coinbase, after which the course BTC price soared up.

The BTC price is directly dependent on the decisions of the governments of large countries regarding the circulation and use of virtual money. The emergence of prohibitions, taxes or fines for miners has a negative impact on the exchange rate of Bitcoin. This is especially noticeable when it comes to large market players, such as China or the United States.

This is copy-pasted from here: https://atomicwallet.io/bitcoin-price-prediction

No need to respond to this troll. If you want to make price predictions, bring your analysis to micgoossens' thread: https://bitcointalksearch.org/topic/q4-quarter-4-speculation-thread-where-will-2019-end-join-the-list-5188987

putukin

jr. member

Activity: 108

Merit: 1

The bear market has begun and this will not change. I think we should not count on a price in excess of $8K. Most likely, Bitcoin price will fall even lower to around $7500

negancoin

full member

Activity: 560

Merit: 126

Quote from: doomistake on October 05, 2019, 01:28:41 PM

According to what I've read, these are the factors that influenced bitcoin's price:
- The supply of bitcoin in the market
- number of its competitors (altcoins)
- the exchanges it trades on
- its internal governance

When it comes the price you can not eliminate "decisions of the governments of large countries" factor, their decisions have impact on people and trading platforms which indirectly impact bitcoin's price, for example if The U.S government decided to ban crypto you will for sure see a big crash . Yes they can't shut down bitcoin but they can impact the price. what you forgot to take into account is the fact that governments have impact on those fourth factors that you mentioned, therefore they can impact the price in both directions.

mr3dds

member

Activity: 173

Merit: 12

Bearish I think. I think will sink a little more. I see a lot of people selling and others afraid to buy. That's a big sign for another drop.

doomistake

hero member

Activity: 1400

Merit: 571

*snips*

Quote from: GLOTHYD on October 05, 2019, 12:50:05 PM

Bitcoin Price Factors
News background and the forecasts of experts. The events that occur around Bitcoin, directly affect the cost of cryptocurrency. For example, hacking of exchange platforms and negative statements by experts in the cryptocurrency sphere lead to decline in the BTC price. On the other hand, positive developments contribute to the Bitcoin value rise. Recall at least the inclusion of Bitcoin Cash in the listing of Coinbase, after which the course BTC price soared up.

Quote from: GLOTHYD on October 05, 2019, 12:50:05 PM

The BTC price is directly dependent on the decisions of the governments of large countries regarding the circulation and use of virtual money. The emergence of prohibitions, taxes or fines for miners has a negative impact on the exchange rate of Bitcoin. This is especially noticeable when it comes to large market players, such as China or the United States.

This is pure bullshit, when did this happen? the bitcoin's price being dependent on the "decisions of the governments of large countries" please don't make me laugh, my parents are sleeping right now. I get what you were trying to say but it's a little off in some ways. Bitcoin was not owned by anyone, even the banks or the Government, therefore inflation rates or even they banned bitcoin in their countries, bitcoin's price will never be dependent on them.

According to what I've read, these are the factors that influenced bitcoin's price:
- The supply of bitcoin in the market
- number of its competitors (altcoins)
- the exchanges it trades on
- its internal governance

ChrisPop

legendary

Activity: 2310

Merit: 1035

Not your Keys, Not your Bitcoins

Quote from: ?? on ??

This is a stupid post with no substance, pure crap. Experts don't know shit, we are all experts on crypto as it's so young and if they knew something we didn't they'd be rich. Governments have shown to have very little impact, this isn't the old days of china ban Bitcoin dip fud.

Solely basing my opinion on technicals I'll say that Bitcoin is going to remain in a sideways price action through October and form some kind of a consolidation/accumulation pattern and then powerslide to the upside. On the big timeframes Bitcoin is very bullish in my opinion. However we might still have some downside to go so my prediction is between $7700 and $8600.

GLOTHYD

newbie

Activity: 6

Merit: 0

Bitcoin Price Factors
News background and the forecasts of experts. The events that occur around Bitcoin, directly affect the cost of cryptocurrency. For example, hacking of exchange platforms and negative statements by experts in the cryptocurrency sphere lead to decline in the BTC price. On the other hand, positive developments contribute to the Bitcoin value rise. Recall at least the inclusion of Bitcoin Cash in the listing of Coinbase, after which the course BTC price soared up.

The BTC price is directly dependent on the decisions of the governments of large countries regarding the circulation and use of virtual money. The emergence of prohibitions, taxes or fines for miners has a negative impact on the exchange rate of Bitcoin. This is especially noticeable when it comes to large market players, such as China or the United States.

Topic: BULL VS BEAR - page 4. (Read 1598 times)