ETH will touch 300 and BTC will touch 4000 in CNY?

kryptqnick

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Quote from: kennyy2929 on February 07, 2018, 05:35:13 AM

What do you think guys??

For my opinion, i guess it will keep dropping for another week. Even it's rising now, i think there are some people manipulating the price. Everyday i have seen the price pump up, and then big dump, repeated for the past month.

As for the previous record, every January and February is a big dip for cryptocurrency. Do you think it's over and if it's not over. How low is the market going down for?

I think it is reasonable to suppose that Chinese will sell some coins before their new year, but that could make at best a 10% of price change. What's important then is whether panic sellers will join them. I think eth will never be $300, whereas btc can get close to $4k, but not now. This dip seems to be over. Now the price will either stabilize on $8-9k or go up. Ethereum seems to be following btc these days, so I guess we'll see it $900 quite soon.

Quote from: weronixa on February 08, 2018, 06:09:53 AM

I think that the US hearing may lead to a bullish run, it opened the eyes of many non-initiated people with heavy capital.

Do you mean the hearing that already occurred a couple of weeks ago? I wouldn't say its results were very promising. It was just about regulation and in general speakers were not in favor of cryptocurrencies from what I read.

weronixa

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I think that the US hearing may lead to a bullish run, it opened the eyes of many non-initiated people with heavy capital.

Meepospammer

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I think the dip is already over. Regarding your prediction, I doubt it will happen even in the future dip.
Crypto is here to stay specially eth, i don't know for btc.
Alot of people are jumping in since btc's price is low thus, its price will surely increase.

CONTRACT

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I think this is the most pessimistic forecast, another wave of falling is very likely, but it is not likely to touch 4000, I do not even think that it will touch 5000.

mayan251

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The bad news has been released now. At present, all the CryptoCurrency markets are going up. If there is no other bad news. The future rise is expected to continue for a period of time.

blant

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Quote from: KXC247 on February 08, 2018, 04:59:43 AM

The market certainly recovered nicely but the truth is that, its fundamental analysis that works more in this market than technical analysis. Thats why I only invest in coins with good use case

That's true, but even after big news announced, FUD won't let the coin grow.

axel_joker

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The prices will tank further in the near future, as it seems the "big" financial players have the ability to induce panic in the masses of people that have invested in ETH or BTC . Also the various "blacklisting" from random entities around the world will drop the price further (a couple of big Banks in US banned BTC buying with credit cards a couple of days ago) . They will rise again after all the "regulations" are set for the transaction system.

supermine

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Quote from: kennyy2929 on February 07, 2018, 05:35:13 AM

What do you think guys??

For my opinion, i guess it will keep dropping for another week. Even it's rising now, i think there are some people manipulating the price. Everyday i have seen the price pump up, and then big dump, repeated for the past month.

As for the previous record, every January and February is a big dip for cryptocurrency. Do you think it's over and if it's not over. How low is the market going down for?

Any thing can be possible in crypto currency and no one can tell what will happen in the next day or next hour,so we just have to hold our coins and pray for the price to bump. Cheesy

If the price is dumping every January and February then the dump is not yet finished because still we are at the second week of February.But in my opinion the dump yet is not done the price of bitcoin may reach $4000 as you said,but only the whales know how much it will drop to.

KXC247

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The market certainly recovered nicely but the truth is that, its fundamental analysis that works more in this market than technical analysis. Thats why I only invest in coins with good use case

Andrey123

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The fall of bitcoin was due to fake news about the ban on mining in China!
These fucking hackers earned their money.
Wake up people!

Cocojam0610

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FILIPINO TRANSLATOR

there are this pump/dump group everywhere but still as far as i observe crypto markets goes dip like this on early months of every year

SkiOlya

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Quote from: ardyology on February 08, 2018, 04:29:06 AM

As of this moment, we are experiencing a bearish trend and we are definitely going to be at this bloodbath for months to come. Yes, we will be seeing an upward trend but eventually it will fall back once again due to some whales making money for themselves. The volatility of the crypto currencies will endure for quite some time due to many factors such as widespread banning of cryptos, scam ICOs, FUD and the never ending battle for efficient solutions to offer a solid platform under the Blockchain.

Totally agree with you. The trend is the same as in 2013-2014. We will long and slowly fall to 3000-4000 $. And only after this, new growth will begin with the conquest of new peaks
https://i.imgur.com/3qe934U.png
https://i.imgur.com/3qe934U.png

xiaoyum

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Blockchain with solar energy

I really don't know anything from now on. Volatility doesn't end. We are swimming in risky waters. We need contant flow of good news to fix this market. I think it won't happen since summer..

greenclub09

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Quote from: kennyy2929 on February 07, 2018, 05:35:13 AM

What do you think guys??

For my opinion, i guess it will keep dropping for another week. Even it's rising now, i think there are some people manipulating the price. Everyday i have seen the price pump up, and then big dump, repeated for the past month.

As for the previous record, every January and February is a big dip for cryptocurrency. Do you think it's over and if it's not over. How low is the market going down for?

To my opinion, i believe bitcoin may drop in next week, however the drop may not bring bitcoin down that lower than 5000$ or ETH not lower than 500$, they may lower than two drops many days ago but may take a long time to recover from that drop, so we should be ready in any case that we must be patient and calm before any trade in next week.

qiman

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I do not see a big uptrend for a long while that is for sure. So far we have held up above 6k USD but the market is very very fragile at present and all you need is more FUD and mass media bad reporting that is currently going on at the moment to bring the prices tumbling back down again. I personally do not thing we are anywhere near a bull market right now and I do not see the prices going beyond ten thousand USD this month, IF we are lucky to get BTC to double digits anywhere in the spring. I am hopeful but am being realistic at the same time and we need a miracle now to move these markets upwards.

jouns

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I think that we have come out of a steep pique, and in the next couple of months we will see the growth of the market with shallow corrections, but in summer, for sure, something will happen again.

rudyconsl15

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yes maybe i happen that. because in the crypto world nothing is impossible. let alone fluctuations in prices. but I hope it does not happen. I believe everything will be normal.

feelideb

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fLibero.financial

I do not agree that bitcoin will go as low as what the Op is predicting. However the bear will continue to reign and negative sentiment may go unabated for a while. For those that are savvy trader this is a good time to make money!

ardyology

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Escorting Meets The Sharing Economy

As of this moment, we are experiencing a bearish trend and we are definitely going to be at this bloodbath for months to come. Yes, we will be seeing an upward trend but eventually it will fall back once again due to some whales making money for themselves. The volatility of the crypto currencies will endure for quite some time due to many factors such as widespread banning of cryptos, scam ICOs, FUD and the never ending battle for efficient solutions to offer a solid platform under the Blockchain.

liangweicha

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The Experience Layer of the Decentralized Internet

I think it's hard to go down to this price, because the cost of digging up bitcoin is more than that.
Hopefully, the entire encrypted money market will remain green for the next few months.

Topic: ETH will touch 300 and BTC will touch 4000 in CNY? (Read 175 times)