I thought btc would go down 5% today.... (but it went up 4%?) - page 3.

omonuyak

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Quote from: Mahanton on July 25, 2019, 01:48:10 PM

Quote from: jubalix on July 25, 2019, 04:45:47 AM

I just *felt* a dumpage down by 10% to 20% over the next 2 weeks then a 5% up then sideways for about 6 ~ 12 months, then the next up over the year 2020 1/2 tp 2021 1/2 at which point we go to 250K ish USD.

my prediction

Im thinking that we would stabilize or doing sideways once again for 3-6months time just like what happened on last year to 1st quarter of this year.
8k price is the best spot to buy up some cheap coins and i dont see for us to break 14k too early.We see action as the upcoming halving event approaches.
For now the best thing to do is on scalping.

Since bitcoin get over $10,000 it has been behaving well and trying to stay above $10,000 unlike before that it cannot stay in sideways for long. Bitcoin should explode and get above $14,000 if it can gather good momentum to break $11125 trading area in the next push. I don’t think it will remain below $10,000 for long because of the buying pressures below $10,000.

Mahanton

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Quote from: jubalix on July 25, 2019, 04:45:47 AM

I just *felt* a dumpage down by 10% to 20% over the next 2 weeks then a 5% up then sideways for about 6 ~ 12 months, then the next up over the year 2020 1/2 tp 2021 1/2 at which point we go to 250K ish USD.

my prediction

Im thinking that we would stabilize or doing sideways once again for 3-6months time just like what happened on last year to 1st quarter of this year.
8k price is the best spot to buy up some cheap coins and i dont see for us to break 14k too early.We see action as the upcoming halving event approaches.
For now the best thing to do is on scalping.

LeGaulois

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Quote from: Lucius on July 25, 2019, 08:43:19 AM

...

Let's just say that the current volatility surprises everyone a little bit, especially since all of this happened suddenly in April, yeah.
(Btw, It started on April 1 so it was April fool, no choice, so it won't stay lol). I think people are in a period when they are skeptic about the market, they don't know what to do and everyone is waiting for everyone
There are some good signals actually and the value has more reasons to increase in the next days/weeks/months than something else. But I can also see a storm coming.

I know people often target the $100,000, it's a realistic price, I know it, but I won't wait for. I'll leave before it happens (probably in the $70,000)

1Referee

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Quote from: jubalix on July 25, 2019, 06:53:41 AM

Infact Its hard to think or a reason to go back to Fiat even when BTC increases .... the value to have well value in with the unique properties of BTC is ..... invaluable. It's almost as close to freedom of existence that you can come to in your life.

Right. I haven't cashed out a single satoshi from my cold wallets back to my bank account in the last couple of years. All I have done (and still do) is utilize my speculation stack to ride bull and bear markets to end up with more Bitcoin.

I love to buy in when people sell it like crazy. It reminds me of what Warren Buffett once said;

Quote

The stock market is a device for transferring money from the impatient to the patient.

The same applies to the Bitcoin market. This is a long term game. Most people are here solely for short term gains, but they are crushed hard and hand over their coins to those who value them more at a tasty discount. Like you and me. Grin

Febo

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Quote from: jubalix on July 25, 2019, 04:45:47 AM

I just *felt* a dumpage down by 10% to 20% over the next 2 weeks then a 5% up then sideways for about 6 ~ 12 months, then the next up over the year 2020 1/2 tp 2021 1/2 at which point we go to 250K ish USD.
my prediction

Anything can happen. It could go down 20% in next 6-12 montsh and then up 5% in two weeks and after that sideways for a day. and after sideways BAM. Price goes nuts and never come back!

Lucius

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It is nothing strange if price is go down 10% or even 20%, in most cases if we can not go up and stay too long close to some level, sooner or later someone will dump few thousands of BTC and make a crash.

It is very hard to predict what will happen in second half of this year, but I have feeling that we should see some interesting things. Still it is not quite clear what caused $10 000 price jump in just 2-3 months, and what will be the effects after that. It is evident that there is not power to price continue up, and it would not be surprise that we stay close to $10k level for some time.

Quote from: 1Referee on July 25, 2019, 06:11:43 AM

My target is +$100,000 before the end of the block halving that will cut the rewards to 3.125BTC per block. I rather remain a bit conservative with my predictions and be surprised by how much more we have gone up.

I hope 5 years from now we can see value of 1 BTC close or above $100k, this is very realistic to expect considering everything that has happened over the past ten years. What I'm more interested in is next 10 years, and time when almost 99% of Bitcoins will be mined. Even Satoshi is say that in next 20 years there will be "very large transaction volume, or no volume", so we can assume that he obviously thought we will see at that time if Bitcoin is succeeded or not.

jubalix

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Quote from: 1Referee on July 25, 2019, 06:11:43 AM

Gut feelings, they can't be right all the time. Cheesy

Short term speaking I'm kinda bearish and expect a decline towards the lower $8000 area and perhaps a wick below it, but that would only offer a great buying opportunity if so. I'm confident that we'll get to see a peak of over $100,000 during the next longer term bull run, but as always, where will it land once we top out and start correcting? It certainly won't be pretty.

My target is +$100,000 before the end of the block halving that will cut the rewards to 3.125BTC per block. I rather remain a bit conservative with my predictions and be surprised by how much more we have gone up.

Yes I agree, I did not think we would hit near 14K this early, then again the amount of money printing via debt issuance is epic, the distortions in the economy are in the untold trillions.

Essentially everthing is measure in FIAT and fiat is so badly broken where it can be printed and allocated on political whims rather than economic grounds.

Those that control the fiat essentially get to control your life. Hence BTC.

Infact Its hard to think or a reason to go back to Fiat even when BTC increases .... the value to have well value in with the unique properties of BTC is ..... invaluable. It's almost as close to freedom of existence that you can come to in your life.

1Referee

legendary

Activity: 2170

Merit: 1427

Gut feelings, they can't be right all the time. Cheesy

Short term speaking I'm kinda bearish and expect a decline towards the lower $8000 area and perhaps a wick below it, but that would only offer a great buying opportunity if so. I'm confident that we'll get to see a peak of over $100,000 during the next longer term bull run, but as always, where will it land once we top out and start correcting? It certainly won't be pretty.

My target is +$100,000 before the end of the block halving that will cut the rewards to 3.125BTC per block. I rather remain a bit conservative with my predictions and be surprised by how much more we have gone up.

jubalix

legendary

Activity: 2632

Merit: 1023

I just *felt* a dumpage down by 10% to 20% over the next 2 weeks then a 5% up then sideways for about 6 ~ 12 months, then the next up over the year 2020 1/2 tp 2021 1/2 at which point we go to 250K ish USD.

my prediction

Topic: I thought btc would go down 5% today.... (but it went up 4%?) - page 3. (Read 790 times)