personal prediction for next days based on logic - page 3.

Kyraishi

hero member

Activity: 952

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Quote from: Marian21 on September 04, 2017, 05:20:45 PM

in 2 or 3 days from now the price will be back to normal because ,in my opinion a lot of peoples are scared not to lose everything . But it is not a good thing altogether because it will decrease the number of cryptocurrency holders by 5% -15% maybe more ... tell me your opinion about this .

I don't think that the total number of cryptocurrency holders are going to decrease. Most people are in this for the long term so they really can care less about where bitcoin is headed in the short run even though it does matter too.

The markets overreacted to the news tbh. The central bank of China was already extremely anti-crypto and this wasn't necessarily a surprise. Altcoins such as ETH should have been worse hit and bitcoin probably less affected. This is the main reason why i think the recovery is currently taking place.

How much it can recover is up for debate. Personally i don't think that wewill make a full recovery as in continue the bullish trend that we saw that nearly pushed btc over $5000, but we'll definitely stabilize at around $4300 at least.

liuqi

sr. member

Activity: 1092

Merit: 257

LuckyB.it is Back!

Quote from: betlord90 on September 05, 2017, 03:13:27 AM

Quote from: Marian21 on September 04, 2017, 05:20:45 PM

in 2 or 3 days from now the price will be back to normal because ,in my opinion a lot of peoples are scared not to lose everything . But it is not a good thing altogether because it will decrease the number of cryptocurrency holders by 5% -15% maybe more ... tell me your opinion about this .

This current scenario will be just the same to the old days of dump and regain back, and those people who buy now will be the one who will get more profits since by this time it is the great time to buy some stocks. And last time I saw as of today the price goes down to 4000$ and now the current one is 4,235$ so profits are been gotten for this early times.

Before this year august 1st segregated witness and block size increased bitcoin value started increasing enormously but I noticed that time bitcoin price is getting increase effectively in weekends and nowadays bitcoin price increase and decrease same like that. However, value will retain back and reach the next peak value soon.

timerland

hero member

Activity: 1526

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Quote from: Marian21 on September 04, 2017, 05:20:45 PM

in 2 or 3 days from now the price will be back to normal because ,in my opinion a lot of peoples are scared not to lose everything . But it is not a good thing altogether because it will decrease the number of cryptocurrency holders by 5% -15% maybe more ... tell me your opinion about this .

I'm not sure what you mean by people 'scared not to lose everything'. But yeah, i agree with you. I think though that price is probably not going to recover fully but yet make a drastic rise from where it is right now to around $4500.

I think the main source of funding would be from people dumping altcoins especially ICO tokens, and getting into bitcoin because they realize that bitcoin is still going to be the number 1 crypto, and bitcoin is still legal in China since it is not really affiliated with any ICOs nor is it a platform to issue ICO tokens on.

I'd say that by the end of the week we can see $4300-4500. But along the way expect some corrections. We are already at nearly $4250 which is a pretty good sign that people still have confidence in btc rising.

Carlsen

hero member

Activity: 910

Merit: 501

Quote from: betlord90 on September 05, 2017, 03:13:27 AM

Quote from: Marian21 on September 04, 2017, 05:20:45 PM

in 2 or 3 days from now the price will be back to normal because ,in my opinion a lot of peoples are scared not to lose everything . But it is not a good thing altogether because it will decrease the number of cryptocurrency holders by 5% -15% maybe more ... tell me your opinion about this .

This current scenario will be just the same to the old days of dump and regain back, and those people who buy now will be the one who will get more profits since by this time it is the great time to buy some stocks. And last time I saw as of today the price goes down to 4000$ and now the current one is 4,235$ so profits are been gotten for this early times.

I don't think that the prices will be back to where we were a week ago, but I think they will be stable at a level we have at the moment.
People don't see that big red minus anymore on the price tables. This decreases their panic and their urge to sell.
Everybody who has not sold yet will now think that it will be better not to rush thing and sit this one out.

betlord90

hero member

Activity: 630

Merit: 500

Quote from: Marian21 on September 04, 2017, 05:20:45 PM

in 2 or 3 days from now the price will be back to normal because ,in my opinion a lot of peoples are scared not to lose everything . But it is not a good thing altogether because it will decrease the number of cryptocurrency holders by 5% -15% maybe more ... tell me your opinion about this .

This current scenario will be just the same to the old days of dump and regain back, and those people who buy now will be the one who will get more profits since by this time it is the great time to buy some stocks. And last time I saw as of today the price goes down to 4000$ and now the current one is 4,235$ so profits are been gotten for this early times.

Phil_S

legendary

Activity: 2110

Merit: 1537

We choose to go to the moon

It will take a week or so, to reach the "normal" 4700-4800 range.

pooya87

legendary

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Merit: 10611

Quote from: Marian21 on September 04, 2017, 05:20:45 PM

in 2 or 3 days from now the price will be back to normal because ,in my opinion a lot of peoples are scared not to lose everything .

i don't think it will come around so soon. it may take a while and some accumulation before the next rise starts and also it will take a while before price comes back to "normal".

Quote

But it is not a good thing altogether because it will decrease the number of cryptocurrency holders by 5% -15% maybe more ... tell me your opinion about this .

someone who has invested in bitcoin is not going to go away just because a price correction happened. and if someone does really give it up, it is the best thing because we don't want people who are in it for the short term get rich thing.

Marian21

newbie

Activity: 24

Merit: 0

in 2 or 3 days from now the price will be back to normal because ,in my opinion a lot of peoples are scared not to lose everything . But it is not a good thing altogether because it will decrease the number of cryptocurrency holders by 5% -15% maybe more ... tell me your opinion about this .

Topic: personal prediction for next days based on logic - page 3. (Read 1903 times)