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Topic: My opinion on bitcoin, what's yours? - page 2. (Read 520 times)

member
Activity: 252
Merit: 10
February 12, 2018, 04:24:34 PM
#50
Bitcoin reach almost 20k last year and gone down to 6k this beginning of 2018. People are panicking because of some countries are banning bitcoin and so called experts causing a fuzz that bitcoin will not survive this. But guess what, every year bitcoin falls hard and shoots like a moon. I think we are lucky for this year because bitcoin started small and I believe it will pump hard at the end of the year.
bitcoin will always recover from falling down. Now that the value is going down I am sure many investors is buying  lots of bitcoin because of it's value now which means a good opportunity for them to buy in a lowest price. Definitely they will earn huge amount of profits when bitcoin regain it's value and investors will surely benefit from this bitcoin falling down. We have to remember that bitcoin started in a lowest price back in 2009, from then on bitcoin proves that no matter how low the it started it will always regain it's value and will definitely goes up again. Let us just wait and believe that bitcoin will always recover from the fall.
member
Activity: 252
Merit: 11
Decentralized Digital Billboards
February 12, 2018, 04:18:57 PM
#49
Everyone already bought the bitcoin at a minimal price who  wanted. It will not go away below 6000. And soon it will fly up and back will not return.
full member
Activity: 573
Merit: 105
February 12, 2018, 04:16:00 PM
#48
I'm a bitcoin user for 3 years now. I think it was introduced to me last 2015. As I witnessed its price, my observation is that its value became doubled and doubled every year and I can say that bitcoin really grows from time to time. There is advancements when it comes to bitcoin because its users is also getting bigger and I think the impact from the bitcoin community affect its value. I can confidently say that whenever bitcoin be introduced to a person, it changes a person's life because it helps them grow, earn and invest money wisely. Bitcoin is really helpful for the community specially when the highest population of the community is not employed and is just making their family to provide their needs instead of working for themselves. I believe that bitcoin however gives those people a chance to earn even if it is just small amount, at least they will be able to provide savings or money to spent in buyingsome of their needs. I also believe that bitcoin value will get higher than its peak value last year.
sr. member
Activity: 616
Merit: 251
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February 12, 2018, 03:53:59 PM
#47
I believe, and my TA is always correct, that bitcoin core will reach 50k by summer's end.

but in the interim, we'll see pitfalls to sub 5k. Remember that only 3 years ago, BTC stayed bearish for a whole year.

I tend to agree with you, I just wish when we went to 5.9k we would have found the 5k floor and consolidated there so we'd have more a springloaded push with the volume, but if we don't break 9.2k this time around it could very well set up for a dump again.
Investing then would've been pretty good too. I'd trade around the 7000-8000 area if it does a pattern.
member
Activity: 308
Merit: 11
February 12, 2018, 03:45:49 PM
#46
Bitcoin reach almost 20k last year and gone down to 6k this beginning of 2018. People are panicking because of some countries are banning bitcoin and so called experts causing a fuzz that bitcoin will not survive this. But guess what, every year bitcoin falls hard and shoots like a moon. I think we are lucky for this year because bitcoin started small and I believe it will pump hard at the end of the year.

Steven Maijoor, the head of the European Securities and Markets Authority, the regulator in the EU, also threw his three cents. He said that people who have invested their money in ICO (cryptocurrency fundraising for blockchain projects) should be aware of the loss of all capital. - You do not have any regulatory protection in ICO. You must be aware of losing all of the money invested - he argued.
newbie
Activity: 23
Merit: 0
February 12, 2018, 03:41:18 PM
#45
I have also same opinion with you, we are lucky who joining at that year . Every year the price of Bitcoin falls or rise. But, previous year the value of Bitcoin will down 20k to 6k only. That time is very bad for Bitcoin holders.
member
Activity: 378
Merit: 10
February 12, 2018, 03:39:54 PM
#44
The fact that now people are panicking, it's not professional people! These are people who do not understand what bitcoin and the stock exchange is! Bitcoin now lives a correction due to the Chinese new year and some negative news that bears are pushing! In March, I'm sure bitcoin and all currencies will start to gain momentum and everything will go up! Nobody forbids bitcoin anywhere, they just want to subordinate it!
sr. member
Activity: 448
Merit: 250
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February 12, 2018, 03:10:11 PM
#43
What I say about bitcoin is a great internet job and it's a good idea for satoshi nakamoto because instead of going to the internet and you are playing the video games. but now you have earned money so it is so nice bitcoin in every way for teenagers because they have a side line when they bitcoin. I believe Bitcoin and many other cryptocurrencies are in a price bubble in late 2017. Prices could streak higher or collapse, or both. I have no firm opinion except that I know bubbles crash.
Earning money on Bitcoin is not the only thing that was succesful/ There is also things like having stores accept something else instead of fiat.
full member
Activity: 210
Merit: 100
February 12, 2018, 03:05:44 PM
#42
What I say about bitcoin is a great internet job and it's a good idea for satoshi nakamoto because instead of going to the internet and you are playing the video games. but now you have earned money so it is so nice bitcoin in every way for teenagers because they have a side line when they bitcoin. I believe Bitcoin and many other cryptocurrencies are in a price bubble in late 2017. Prices could streak higher or collapse, or both. I have no firm opinion except that I know bubbles crash.
member
Activity: 126
Merit: 10
February 12, 2018, 02:49:28 PM
#41
Bitcoin reach almost 20k last year and gone down to 6k this beginning of 2018. People are panicking because of some countries are banning bitcoin and so called experts causing a fuzz that bitcoin will not survive this. But guess what, every year bitcoin falls hard and shoots like a moon. I think we are lucky for this year because bitcoin started small and I believe it will pump hard at the end of the year.
I totally agree with this and the upward spike has been just started and we can see some drastic chance in quick time in near future.If we follow trends also there has been substantial dip in January from last 3 years.I agree those dips where not as impactful as this but there were dips so we can't complain that the fluctuations are sudden.But now that the bitcoin is gaining,there might be possibilities that we can see a long shoot up in price.
member
Activity: 336
Merit: 71
February 12, 2018, 02:43:29 PM
#40
I believe, and my TA is always correct, that bitcoin core will reach 50k by summer's end.

but in the interim, we'll see pitfalls to sub 5k. Remember that only 3 years ago, BTC stayed bearish for a whole year.

I tend to agree with you, I just wish when we went to 5.9k we would have found the 5k floor and consolidated there so we'd have more a springloaded push with the volume, but if we don't break 9.2k this time around it could very well set up for a dump again.
ukw
sr. member
Activity: 616
Merit: 250
February 12, 2018, 02:37:39 PM
#39
Bitcoin reach almost 20k last year and gone down to 6k this beginning of 2018. People are panicking because of some countries are banning bitcoin and so called experts causing a fuzz that bitcoin will not survive this. But guess what, every year bitcoin falls hard and shoots like a moon. I think we are lucky for this year because bitcoin started small and I believe it will pump hard at the end of the year.

Yes, you are right.
Every year there are big drops, but more importantly is after that there are even bigger rises.  Grin
And that people constantly say that BTC is a scam, it will never stop in my opinion.  Lips sealed
sr. member
Activity: 476
Merit: 256
February 12, 2018, 02:30:35 PM
#38
BTC is very volatile,it carries high risk but high return as well.Fluctuations are very common.Right now the price is low and good chance for investment.I know after every crash there is high momentum for BTC to go higher.After last year crash by 40% it did not touch its bottom leve,which means that it has investors support that is why it did not fully crashed to zero.The whole coin markecap depends upon performance of BTC.BTC was nothing at the beginning of 2017 but it reached to top level $19783,which is a record in the crypto market.Year 2018 is supposed to be another luckiest year for BTC,BTC price is stable for last 3,4 days between $8000-$8700,more investment is expected in coming days,which will increase its demand and consequently price will shift upward.In my opinion right now is good time for investment in BTC.
sr. member
Activity: 2506
Merit: 368
February 12, 2018, 02:24:18 PM
#37
Bitcoin reach almost 20k last year and gone down to 6k this beginning of 2018. People are panicking because of some countries are banning bitcoin and so called experts causing a fuzz that bitcoin will not survive this. But guess what, every year bitcoin falls hard and shoots like a moon. I think we are lucky for this year because bitcoin started small and I believe it will pump hard at the end of the year.
Definitely it will be bounce back agian but it need some time to make that possible.do not get upset  due to its current price i think it's good opportunity to invest in it to get more benefits in future. If you saw the history of btc then you find that whenever it falls it come back more strongly. I think this year also good for btc holder. Just have some patience and don't sell it just hodl it. After the recovering of bitcoin you got more healthy returns.
We should be thankful that Bitcoin rose up again after it's downfall at almost $5,000 because someone was back on the track again after buying those cheap price. It will take more time before Bitcoin reach again the ATH $20,000 and everyone should invest already while it's just starting to rise up slowly. And hold for a couple of months and i'm sure there will be a huge profit.
full member
Activity: 294
Merit: 102
February 12, 2018, 02:12:50 PM
#36
Rather than worry about this fall in prices, we must seize this moment to expand and diversify our wallets.   
member
Activity: 336
Merit: 71
February 12, 2018, 01:54:56 PM
#35
One thing that I would add to your comment that probably won't be very popular but I think price action on charts is just a measure of human sentiment.. people often want to attach price action to news, fud, or announcements.. but I personally believe a large portion of that is certain perceentages of people at certain types of price actions do certain types of things.. and when price falls or goes up, people want to attach a real world reason why.. but I think simply its just certain people fomo, predict top, sell to buy the bottom, sell because others are, then finally panic selling because they think its over..  Bitcoin was way way WAY off of the moving averages for so long, that institutional money just quit participating altogether until the fomo finally ran out of gas... so I think now that the price has fallen to a point where institutional money has said enoughs enough and stepped in to prop it up.. all we have to do is break the 9200 resistance level (which i think is gonna be a tough nut to crack) which will allow day traders to step in which will allow other traders to follow which will lead to fomo and we start the entire human sentiment chart cycle over again... people will say it was "because the senate's announcements were positive or the fud in China has dyed down.. or the people have spoken that they want the longevity of bitcoin to stay at these higher prices.. but my question is.. is it really those things or do we as traders just not accept that we all as a whole have our role to play in the ups and downs of the chart that ignores all of those things until an after thought?  Anyways.. food for thought.
sr. member
Activity: 638
Merit: 300
February 12, 2018, 01:52:16 PM
#34
Bitcoin reach almost 20k last year and gone down to 6k this beginning of 2018. People are panicking because of some countries are banning bitcoin and so called experts causing a fuzz that bitcoin will not survive this. But guess what, every year bitcoin falls hard and shoots like a moon. I think we are lucky for this year because bitcoin started small and I believe it will pump hard at the end of the year.
I believe the same. every beginning of the year bitcoin fell down and bounced back again before the year ends and the price is like unstopable.  even though bitcoin is in its dip now. it is still higher compare to the its price on the first quarter of last year. so my prediction is it will pump again this year, before this year ends.
legendary
Activity: 3164
Merit: 1127
Leading Crypto Sports Betting & Casino Platform
February 12, 2018, 01:42:32 PM
#33


We do not have news to boost the price



Yes for now we don't have an information that bitcoin prices will rise higher. But the day continues to change, it is not impossible in a few days or months that come there will be things that greatly affect the price of bitcoin will rise.

bitcoin has risen to the point of reaching $20,000 in less than 6 months and this has aroused the attention of governments and now governments are taking very harsh measures against the people of their country who buy bitcoin and against the exchange of their countries ... and there are some problems that worsen the situation, for example the case of the miners, if anyone observes, he realizes that the workers do not have good conditions to work, the exchange are the worst and the case of Tether... so if governments adopt hard measures against: exchanges, miners and Tether... the price of bitcoin will fall and this year this will be systematic, so I think that the price will not increase as last year
legendary
Activity: 2898
Merit: 1006
Leading Crypto Sports Betting & Casino Platform
February 12, 2018, 01:41:43 PM
#32
indeed although the price decreasing more than 50% compared from last year price but at least the price finally not continue to dropped below to $6000 and i saw many people starting to sold their bitcoin especially in asian region that after some countries in this region declare to fight against bitcoin then most of them has been panic but bitcoin will pump hard soon and i believe it
hero member
Activity: 3052
Merit: 651
February 12, 2018, 01:39:47 PM
#31
Correct. That is the true reason behind why a lot of old ones are holding.
It will always reach a peak where it will shock the community and even Wall Street.  Grin
We dont know when it happens. It does fall also which is unpredictable.
Perhaps whales really done it but all of us down here dont know that.

That will end though if ever they just make one error and their gone.
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