all these predection prices bitcoin, for example: 100 usd or 800 or 1500 or 50000 or 100000 or 250000...... Unrealistic and Does not help stabilize prices. People have to be conscious
real price of bitcoin at this time should be 4500 and 7000 after 6 month
Topic: Irrational. Bitcoin could fall to $800 - page 4. (Read 849 times)
Once we see HODLers giving up and selling at a loss, and the true believers being mocked and ridiculed, I think we'll be there and truly have our bottom.
We may possibly have both of that happening right now. There has been so much FUD spread in the past few days about the price and that could serve as ridicule of true believers. And hodlers may as well be cutting their losses. Exchanges are always going on, so it's quite impossible to pinpoint a time when hodlers pack up.
I take FUD as well as FOMO with lots of reservation. Amd I'd prefer if members stopped propagating them here on the forum.
Anyone else feel like we haven't really hit the despair stage yet? Once we see HODLers giving up and selling at a loss, and the true believers being mocked and ridiculed, I think we'll be there and truly have our bottom. Will it take $800 BTC to get there? Probably not, but I do expect we'll have at least one more steep drop followed by months of sideways movement before we're really out of this bear market.
I dont think we will go to three-digits anymore.
Price is on this level for a longer time than it was on the 6000s.
Price is on this level for a longer time than it was on the 6000s.
Nobody knows for the future, it could be true that bitcoin fell at a price of $800, but that possibility is very small given the popularity of bitcoin. Honestly, I never thought that would happen.
There has been people who said bitcoin could go to a million dollars as well. Both sides have their crazy people and at least us people who have common sense and a bit of bitcoin do not follow these type of people, it would be horrible if most people followed these kinds of people and invested accordingly. Could bitcoin hit 800 dollars ? Mathematically of course, it could even hit 1 cent, after all its a mathematical deal and we can is it either 1 cent or 1 billion and nothing would stop that.
Moreover, in reality 800 dollars will never happen again in all of bitcoins life, never again, not now not in the distant future, those days are long gone behind us now. Could it drop a bit ? Sure, maybe who knows it could even reach under 3 thousand dollars, I doubt it but its not impossible but 800 dollars is just waaaaaay too irrational.
Moreover, in reality 800 dollars will never happen again in all of bitcoins life, never again, not now not in the distant future, those days are long gone behind us now. Could it drop a bit ? Sure, maybe who knows it could even reach under 3 thousand dollars, I doubt it but its not impossible but 800 dollars is just waaaaaay too irrational.
Could this be an end of crypto's? If bitcoin goes to $800 then how about the alts which are following BTC from long days. Most probably this will not happen however we need to be ready to stick to any kind of situation. predictions these days don't work.
This is not new as there are naysayers and doomsday predictors that linger around the crypto ecosystem even before the strings of bad luck happened to bitcoin. Sub-$1000 predictions had been around ever since the $19k ATH was broken, so I guess it will not be completely dissolved as long as we are still experiencing a bear market.
As if we're not already used to these kind of statements and analyses that pop every now and then? They are shilling for whatever motives they have and that's fine for me.
As if we're not already used to these kind of statements and analyses that pop every now and then? They are shilling for whatever motives they have and that's fine for me.
Even it was blown 100$, Just HODLing.
This user refers to 732$ and to analyzes based on what happened in the past which appears to be incorrect due to changing circumstances. "Events can’t be gleaned from the past and then build future analyzes on it."
I know an economist still thinks that Bitcoin is a Ponzi scheme. Do not rely on other people's assessment, do what you believe in.
This user refers to 732$ and to analyzes based on what happened in the past which appears to be incorrect due to changing circumstances. "Events can’t be gleaned from the past and then build future analyzes on it."
I know an economist still thinks that Bitcoin is a Ponzi scheme. Do not rely on other people's assessment, do what you believe in.
Thats complete nonsense. The cost of mining BTC alone and the investment of big miners is enough to keep the price way above those limits as they themselves would just start buying it just to keep the prices high using their huge amounts of capital earned over the years.
We are probably already hit rock bottom since prices are stable for months and a reversal in market psychology leading to another boom is coming. Just look at the advancements in the sector its almost only positive news every day for over a year now.
We are probably already hit rock bottom since prices are stable for months and a reversal in market psychology leading to another boom is coming. Just look at the advancements in the sector its almost only positive news every day for over a year now.
Always initial bitcoin miners and big whales are driving the BTC value with some stability. I really do not agree with others whoever feels that bitcoin fall under 1k USD. This is not at all possible then next halving we gonna meet for BTC.
This all these will give benchmark bump in the crypto market especially Bitcoins.
Let us wait and see the updation from the various blockchain and technology. It will be really helpful for us.
Thats complete nonsense. The cost of mining BTC alone and the investment of big miners is enough to keep the price way above those limits as they themselves would just start buying it just to keep the prices high using their huge amounts of capital earned over the years.
We are probably already hit rock bottom since prices are stable for months and a reversal in market psychology leading to another boom is coming. Just look at the advancements in the sector its almost only positive news everyday for over a year now.
We are probably already hit rock bottom since prices are stable for months and a reversal in market psychology leading to another boom is coming. Just look at the advancements in the sector its almost only positive news everyday for over a year now.
I really think this is just a manipulation strategy and a solid FUD by most people that want the price to really go down, there is a possibility because the market is really volatile and unpredictable but the $800 price is really very low for a speculation in my analysis the price of BTC can still go down to $2000 USD and will be not any further go down from that value, I guess they really want to set an uproar to some weak hands so they would sell their bitcoin and they can buy cheap.
This could happen since we say everything is possible in btc but the thing is they have different percentage or chance. No matter what the current situation is, there is always someone that give prediction for rise and fall. That is just a prediction and you have your own mind. So it's up to you if you were going to believe such prediction. Mine, I don't believe this.
Totally agree, a bitcoin movement happened a few hours ago, it went down in price, without volume, that is, there is not much demand, maybe Strong Hands are preparing a bullish movement to try new price levels, it is time to verify the offer in new price ranges, if the bitcoin keeps falling, it is possible, but it will not have any effect on the level of speculation, many want to accumulate bitcoins, but they will not get them so cheap, a good bull can be preparing at this moment and return to a green market.
There are dozens of predictions like this , some saying price will go to $50k other saying it will go under 1000$. So its better not to listen to anyone since everyone has different opinions and they are always going to come with arguments why price will go up or down doesnt matter if we are in bear or bull market.
The cryptospace appears to be beginning to spread bear market irrationality. According to this clickbait news, an up and coming analyst that hides behind its twitter account name Financial Survivalism, bitcoin could drop to $800 if it fails to surmount a declining trendline at $4600.
I reckon the people who controls that Twitter account should talk to the now rational Tom Lee for advice hehehe.
Also, this news might be a scam effort to gain more followers for that account which might also be controlled by newbtc.com. I might also be irrational in this, however hehehe.
In any case, who owns newsbtc
Another day, another foreboding piece of analysis. A leading analyst claims that as Bitcoin (BTC) has yet to break out of its current range, there’s a growing potential that the cryptocurrency could fractal, and undergo a drop that looks much like that seen in November of yesteryear.
Financial Survivalism, an up-and-coming analyst centered around Bitcoin, recently took to Twitter to issue a harrowing comment. He noted that the longer than BTC fails to surmount a long-term declining trendline at ~$4,600, the higher likelihood that the cryptocurrency’s price could “mirror the price action from September 20th to November 25th of last year.
Per the analyst, this would mean that BTC could trade flat for another two to three months, before falling dramatically to the $800 price point. This, of course, is a worst-case scenario, but Survivalism does allude to a good point about market cycles and behavioral finance.
Read in full https://www.newsbtc.com/2019/03/03/bitcoin-collapse-800-late-2018s-plunge-mirrored-crypto-analyst/
I reckon the people who controls that Twitter account should talk to the now rational Tom Lee for advice hehehe.
Also, this news might be a scam effort to gain more followers for that account which might also be controlled by newbtc.com. I might also be irrational in this, however hehehe.
In any case, who owns newsbtc
Another day, another foreboding piece of analysis. A leading analyst claims that as Bitcoin (BTC) has yet to break out of its current range, there’s a growing potential that the cryptocurrency could fractal, and undergo a drop that looks much like that seen in November of yesteryear.
Financial Survivalism, an up-and-coming analyst centered around Bitcoin, recently took to Twitter to issue a harrowing comment. He noted that the longer than BTC fails to surmount a long-term declining trendline at ~$4,600, the higher likelihood that the cryptocurrency’s price could “mirror the price action from September 20th to November 25th of last year.
Per the analyst, this would mean that BTC could trade flat for another two to three months, before falling dramatically to the $800 price point. This, of course, is a worst-case scenario, but Survivalism does allude to a good point about market cycles and behavioral finance.
Read in full https://www.newsbtc.com/2019/03/03/bitcoin-collapse-800-late-2018s-plunge-mirrored-crypto-analyst/
Hey these scam artists are popping up everyday and, not just on Twitter each and every social media as such news are clickbaits and people will share them due to fear. I’m not even reading one line what he has to say, as these analysts have zero knowledge of crypto’s most of them are PR people who’re making catchy headlines for traffic. I think such news should not be shared only, let this news die a slow death.
This could happen since we say everything is possible in btc but the thing is they have different percentage or chance. No matter what the current situation is, there is always someone that give prediction for rise and fall. That is just a prediction and you have your own mind. So it's up to you if you were going to believe such prediction. Mine, I don't believe this.
This statement seems totally rubbish for me.
I can't really understand what lies behind their claims and what is the point of realizing fake information to the public.
I have stopped reading the news that they do not come from credible websites. This way I keep my trading decisions untouched from manipulative information.
I can't really understand what lies behind their claims and what is the point of realizing fake information to the public.
I have stopped reading the news that they do not come from credible websites. This way I keep my trading decisions untouched from manipulative information.
Why $800 not $700 or $900? Looks to me like somebody just plucked $800 out of the air to try & creare shock value. No way we’re going to $800.
You predict, I am not sure what you are saying,
Bitcoin is one digital currency, or cryptocurrency which is very well known today, many investors, who are investing in Bitcoin. To come, Bitcoin I'm sure it will break at the level of $ 15,000 to $ 20000,
Now, again predicting, in this world no one can say what will happen for tomorrow and for the future.
remember: a virtual tribe from the United States, who predicts [doomsday will occur in 2012] is one of the irresponsible statements, Silly.
(bitcoin can go down to $ 800 if it fails to overcome the downward trendline of $ 4600).
I give a little meaning to predictions: you could say: (predictions and estimates) to come,Bitcoin is one digital currency, or cryptocurrency which is very well known today, many investors, who are investing in Bitcoin. To come, Bitcoin I'm sure it will break at the level of $ 15,000 to $ 20000,
Now, again predicting, in this world no one can say what will happen for tomorrow and for the future.
remember: a virtual tribe from the United States, who predicts [doomsday will occur in 2012] is one of the irresponsible statements, Silly.
800 USD bitcoin price is absolutely possible.We are in the hands of the crypto whales and the HODLers.
If they decide to sell,the price goes unser 1K USD for sure(which isn't always bad).Even if the price falls to 800 USD,I still believe that it can reach a new ATH somewhere around 2021.
If they decide to sell,the price goes unser 1K USD for sure(which isn't always bad).Even if the price falls to 800 USD,I still believe that it can reach a new ATH somewhere around 2021.
For 800$ all whales have to sell at the same time or in quick time to make that fall happen . Which is like very difficulty to happen unless all government clearly state that it is illegal to use and ban them then only quite possible that it will fall to that extent .
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