Topic: Hey guys do you think that Bitcoin price will continue decreasing ? - page 7. (Read 970 times)

Likely to decrease to at least around $10K then would only rebound after it touched $8K.
Problem is, no one is willing to buy a lot at $13K - $15K

No, you don't have to be in that state of mind that you mostly think bitcoin is going to be in a continuous decrease. Start to know on what's happening every end of the year, price starts to be on that way but the good thing is price may move forward quickly in the next months to come.

I do not think the whales would cash out at these levels, we might see cash out at levels around 22k USD after bitcoin reaches new ATH.

everyone is afraid the bitcoin price will keep down. but I would argue that bitcoin prices will rise again. what we have to do today is to be patient, waiting for 2018 to come. and we will see bitcoin to the moon

My answer is... You don't need panic or be upset because this is something like bubble so you need just wait until newcomers make your profit with world hype its means just wait.

talking to many people and discussing how the value of bitcoin decreased, most say it is the end of the year.
then those who can take advantage to buy and continue investing in this currency knowing that you can shoot its value at any time

Yes i am with you and quite useless trying to understand irrational people when it comes to gambling and thought
the housing market in the UK would crash like ten years ago but i was wrong.

When it comes to coins long term I have the edge because I understand the software architecture and
infrastructure and block-chain, PoW and mining is not going to last the course (pile of shit) and this is why
IOTA is 12 times faster which is nothing to write home about but keep your eyes out for something called
"HashGraph" and any ICO based on that as they come out (Nothing uses it yet)

I have also spotted a freight train coming our way that will make the Crypto-boom-bust look like
nothing but you will have to wait i think about 3-5 years for this to arrive at the station and i have
no intention of "plugin it" until my seat is booked 1st class aboard the train

   

if fees stay this high then you can take it to the bank that prices will drop and since they went up the price of BTC has been
trading sideways so many of the greedy miners and the bankers that own the monopoly needs to think twice if they want to
maintain a market edge.

p.s Please dump B2X ASAP because I want to stack up on the cheap so let me kick off by saying they are scammers, Nazi's
and that its a shitcoin and the code was written in Colbolt 40 years ago

I've heard people say that it will hit 8k before it really stabilizes to go up again from there on.
People draw the craziest technical analetics on the charts at the moment, but I think we'll have to wait and see.

Stabilize it will, and go up to 100k it will aswell, but for how long will the rise last :-)

Here's the funny thing... I have not cashed out any bitcoin this holiday season for needing money. Nor did any of my real-life network of Bitcoin hodlers; and there are quite a few of us. So if 0% of my real life network cashed out, do you think there really is a large enough percentage of people cashing out for the holidays to dump the price? Please...

And stop giving advice; you're not a financial advisor. You don't know what's going to happen in the coming weeks, so stop suggesting what people should do. And i'm not just talking to you; I'm talking to everyone who always says shit like "hold on to your coin for the next couple of weeks" or "sell while it's high because it's going to drop again". People that give ANY kind of advice like this are just contributing to the volatility of Bitcoin.

i believe for now you are correct in saying that its related to the holiday season and people cashing out due to needing money and so on. I believe that after new years it will continue to be pumped and will go to 21-25k. However for the time being it could also go down to 12k and even under, in the next 3 days. I would advise to keep holding and only sell if you have to and only invest what you can afford. Play it safe and you wont get hurt in the coming weeks.

I think long term (1Y+) the price will increase.  However it is just too volatile to try and time the market right now.  Some people are good at this, I am not, and the vast majority of market times lose their shirts.

There are a few different things happening right now, but the big one for price is wall street money.  I don't think that most people fully appreciate how small bitcoin is compared to the money coming in right now.  The largest private hedge fund is ~120 billion, it could have swallowed the whole market at the beginning of the year with room to spare (assuming everyone wanted to sell).  There are lots of hedge funds.  And mutual funds, and etf's, and wealthy individuals, etc.  Blackstone manages almost 6 trillion in assets.

In the grand scheme of things bitcoin is still peanuts.  I think we are seeing such large fluctuations in part because of how these funds operate.  If you run a hedge fund, and you can average 10% a year, you are one of the best out there.  If you can do 20% or more you are a legend.  So if a fund puts 10 million in bitcoin, and it goes up 40% in a week or two, that fund manager will likely sell to lock in those gains.  They don't always have the luxury of waiting out the markets, they have to make their clients happy.  The markets used to move from 10k transactions, but now we got REAL money coming in and out.  There are of course other factors, but I think this is the largest contributor to the recent volatility.  Unfortunately private hedge funds are, well, private, and unlike mutual funds and other funds, they don't necessarily have to disclose what they are up to.  Therefore the actual data of who is doing what is hard to come by.

Its so volatile its hard to tell, for me i'm just going to keeping hodling, its gaining more and more popularity and as we've seen in the past it always ups end going back up after a dip

In my view it's more of a holiday season thing..and since biggest of them all is coming.. on 1 January.. thus people are just taking out the money for their own expenses..
It's really..not.. something that I would worry about at all..
Because it's to be expected ...
People invest..when they do have money to do so not when they do need it..
This Christmas​ season along with new year... everything is just as it was supposed to be ...
So this was expected..is what I think.

The situation on the crypto currency market has become very unstable and most likely the prices for such currencies will decrease, this is my opinion. As far as I'm correct, time will tell, but I very much hope that the prices for all crypto-currencies will start to rise after the new year

it has a possibility of decreasing but not in that price of if the case that your choice of dropping the price of bitcoin is on your list and choice for this is the best time of buying now and then hold it for cause we all know that there should be some pump on it next year.

No, i dont think that can decrease bellow $8k.
And i guess that price can hit ATH within some days/weeks after network comes to normal.

Bitcoin should have a drop, after the price increased to almost 20K, it's time for a correction. Or even a crash to 11K or maybe even lower to 8K. As the whales will start to cash out soon, a significant price drop will follow. That's just the way it is, prices go up and prices go down.

yup buy now sell later

Flip a coin. This market is bipolar. Hopefully it is just an end of year thing and the money starts flooding in after the first.

Silver lining, yet another good buying opp.