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Topic: I'm officially sick of the bitcoin price right now... - page 8. (Read 3202 times)

full member
Activity: 138
Merit: 102
Started mining in 2013 (wife thought I was crazy) and when I started buying it was in the ~$600 range. So unless we drop to low 4 digits, I'm happy.

Just go with it and snap up cheap coins when possible.
sr. member
Activity: 533
Merit: 251
.. so I've been watching and reading about btc technical analysis almost daily now, and I'm kind of sick of being in this current triangle.  I've only been in btc since September so I really don't have that much history, but for those who have been in btc much longer - how much longer do you think it will take before btc goes back on the upward trend again?  It just seems like a really long sideways movement.

On Dec 17th, it reached its high of $20k, and it has taken almost a month and we're still below those numbers.  What is your estimate for when we can be above $20k again and onward to what people predict for this year ($50k-$100k)?  Another month?  March?

I know nobody knows for sure, but just looking to hear about what people's gut feel is (and only from those who have btc experience over a year please).

Thanks.

Take a look at the transactions backlog before Dec 10th and since then and you will understand where we are right now. There is just a massive number of transactions resulting in slow transaction speed and expensive fees. This is a big problem right now which forces people to get into alt coin. As the transactions reduce and especially if lightning network comes close to being deployed, we can expect the price to rise quickly.
newbie
Activity: 98
Merit: 0
Mee too, The price is falling down Sad
full member
Activity: 168
Merit: 120
Guess if you really can't wait for the bitcoin price to rise high again then you shouldn't be here because you are like who want to be rich again as soon as possible. Judging from the way you are speaking you are the type of person who want's to be as riched as possible at an early period of time. Come on man time is money if you want to earn you'll need to have patience.
newbie
Activity: 30
Merit: 0
Why BTC? There's A LOT of great crypto that can rise and rising right now. No need to hold BTC to get your x10
hero member
Activity: 952
Merit: 515
yes, bitcoin is still having a very bad day until today. this is a big slap for us, that bitcoin has its weakness. but I'm sure slowly bitcoin will move up this year, likely to be above $ 30000.
Don't pissed off with what we have right now, we are still thankful because bitcoin is not lowering to $10k, and won't ever lower to that since the demand is continuously rising, and the demand is not decreasing it is just that some people are doing buy and sell so the price is really unpredictable now.
newbie
Activity: 78
Merit: 0
Crypto is gambling... looks like we run out of people who love risk . It's over...
If Bitcoin falls low or stays unchanged for a period of time that does not mean it will end or fall, 2017 may also be referred to as the Bitcoin development year, which falls only in the late months and in 2018. It will be as high as 40-100 dollars
legendary
Activity: 2590
Merit: 3015
Welt Am Draht
By arriving in September you've been spoilt rotten. Try heading straight downwards for month after month. Try what felt like months at $250.

This is traditionally a pretty dead time of year. Wait for a couple of months and you might see some identifiable action. Or tomorrow. No one knows.
full member
Activity: 476
Merit: 112
IDENA.IO - Proof-Of-Person Blockchain
yes, bitcoin is still having a very bad day until today. this is a big slap for us, that bitcoin has its weakness. but I'm sure slowly bitcoin will move up this year, likely to be above $ 30000.
hero member
Activity: 1610
Merit: 507
I don't know when the price could reach $50k but we could break more than $20k in this year, hopefully, we could increase more than $30k-$50k in this year too. besides that, when bitcoin price is down, I see most of the altcoin follows to go down because usually when bitcoin is down, many altcoins start to increase and fixed the price. I think this January will be a new start for cryptocurrency and in the next month, cryptocurrency will start to increase.
jr. member
Activity: 56
Merit: 1
Because of the volatility of bitcoin, it is inevitable to have frequent dips of its price. You just need to have patience since 2018 has just begun. It will definitely rise little by little as the days go by.
member
Activity: 266
Merit: 13
If you consider that only a year ago from now BTC was at $1000.00 the price right now is still amazing. The 20k price was bubble from huge hype thanks to the media. Now that hype and fomo has settled down some and the price is normalizing. It’s going to take some time for things to get back on track. I am happy with the price right now and if it finishes out the year at 20-25k. I am happy with that too. If the price plunges more I will consider this my travel back in time and my second chance to get in before it heads back up.
sr. member
Activity: 2016
Merit: 283
Crypto is gambling... looks like we run out of people who love risk . It's over...
yes it looks like gambling which is to risky when it comes to the volatility of price cause it make a huge lose if whe didn't notice the drop. But now i think  the volatility of bitcoin is over and it continue decreasing maybe this is the end?  , as of now btc price is 12k perhaps  bitcoin price will fall dip. And despite the price is unpredictable right now which is to risk to decide if this time is good to buy , cause we have no idea if it will climb after falling back to 10k.
full member
Activity: 630
Merit: 102
I know the future of bitcoin travel is still long, and your expectations are still a lot to succeed, and I'm very confident the bitcoin price in mid 2018 will again tend to be higher again, now there are still plenty of opportunities for you to Get Bitcoin in a short time or longer if you want to earn your daily income, you can do trading on the market, this for me very profitable, if you are in the long run, and I am sure can get 2x profit from now.
full member
Activity: 196
Merit: 103
This is only normal and maybe bitcoin price will still go down up to 10,000. but that price is the lowest that i can think.  bitcoin will start to bounce at 12,000 level. If this happens then there is a good chance of a new bitcoin price rally. its good to buy bitcoin now.
sr. member
Activity: 728
Merit: 263
It's totally dependent on your perception, If you think that Bitcoin is not a profitable or fake currency then you could be afraid of this platform. think positive and be patient with this system.

Day by day this platform is getting accepted and promoted at the whole around the world and people are becoming involved in this platform day after day. so that Bitcoin is not a thing matter of confusion as like you are thinking. Go bold and be strong. Bitcoin will dominate in the future's currency world.
jr. member
Activity: 140
Merit: 8
.. so I've been watching and reading about btc technical analysis almost daily now, and I'm kind of sick of being in this current triangle.  I've only been in btc since September so I really don't have that much history, but for those who have been in btc much longer - how much longer do you think it will take before btc goes back on the upward trend again?  It just seems like a really long sideways movement.

On Dec 17th, it reached its high of $20k, and it has taken almost a month and we're still below those numbers.  What is your estimate for when we can be above $20k again and onward to what people predict for this year ($50k-$100k)?  Another month?  March?

I know nobody knows for sure, but just looking to hear about what people's gut feel is (and only from those who have btc experience over a year please).

Thanks.

No one knows when btc will hit that $20k mark again. It could take months or it could happen at the end of this month. Or it could drop below $10k. No one knows.
member
Activity: 126
Merit: 10
Everything I say is in My Opinion Only!
Crypto is gambling... looks like we run out of people who love risk . It's over...

Actually, the dollar is the biggest risk out there and Wall Street is gambling with it. The little guy has a very slim chance of becoming financially free trading in it. The dollar is also being printed in the billions to infinity. However, Bitcoin is capped at 21 million. Which is the better "risk" since probably only 1% of the world is currently into cryptocurrencies right now. Buy and HODL and see which one lasts longer.
member
Activity: 868
Merit: 63
There must be no accurate prediction to the price because bitcoin contains a high volatility and demand cannot be control unlike the supply of it. I think bitcoin will drop to atleast $10000 and the next bull run will be at that time bcause the demand for it will rise again because its price is lower than now tendency is people will buy it.
member
Activity: 210
Merit: 26
High fees = low BTC price
Crypto is gambling... looks like we run out of people who love risk . It's over...

And i was thinking that I'm in this church all alone but i can see we have hope yet.

It's would had gone on much longer here if they only kept the fees lower and when it
was just about to explode they blew it but not in a sexual way.

Yes i would had given it $50,000 but the trust has been broken now but maybe that's a good thing
for other alt-coins and they will survive on gains close to 100% p.a and not 1000%

I get this feeling that your in danger of getting away with a profit and good luck to you sir!
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