Settled at ~$6400 for now? - page 2.

Kevin77

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Quote from: Bardman on September 16, 2018, 07:04:23 PM

there really isn't any way around it, people wont suddenly start using bitcoin just because it's decentralized and a few other aspects. For most people using bitcoin or any other cryptocurrency to pay for stuff is much harder and riskier than using a credit card/bank/paypal.

I don't think ETF denial will be such a big deal just because most people already expect it to be denied but we will see.

For now, I agree it could be hard to make use of as a currency due to the fact that there is really not much of a facility to always make that happen pretty fast. Over time, with development in scaling issue, and a faster level of transaction, I am sure we will get to keep seeing several means of seeing this happening.

ETF should not be something anyone should be focused on in this market and with the way there is so much evolving around it, I am sure the whales might want to use it to instigate price movement but at this stage, we only have time and trend in our hands to see how the market leads. In the past, bitcoin had showed big movements and broke resistance levels before we did realizing the reasons for that. I mean another rally may happen at any time Wink

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aso118

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Quote from: livingfree on September 18, 2018, 12:10:41 AM

We are still up compared to last year.

But these news are actually good for the adoption and we've been looking for an appropriate impact when there are news like those. Sadly, we haven't seen any positive reaction that we've been hoping for after those. Well, it's not about only the price to see if there's a movement for bitcoin, save the best for the last.

This doesn't help for people who invested when the price was more than $10,000. Of course, they have nobody else but themselves to blame,
Adoption is the only thing which will drive up the price sustainably. Unfortunately for those who invested during the bull run, the price increase can only be gradual.

livingfree

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We are still up compared to last year.

But these news are actually good for the adoption and we've been looking for an appropriate impact when there are news like those. Sadly, we haven't seen any positive reaction that we've been hoping for after those. Well, it's not about only the price to see if there's a movement for bitcoin, save the best for the last.

pooya87

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Quote from: gabmen on September 17, 2018, 01:00:37 PM

Quote from: Farma on September 17, 2018, 10:57:55 AM

Quote from: liuqi on September 17, 2018, 04:02:18 AM

Quote from: Question123 on September 16, 2018, 07:00:06 PM

This week that price is stable with more than 6000 dollars and I hope it will increase again. And Im still believe in the month of december it will pump again like more than 20k dollars. We do not want to see again below 6000 dollars so don't panic.

The price Bitcoin will never settle in one region because number of peoples are buy and sell at anytime so it should be raise and fall at continuously in the market. May be 21 million Bitcoin will released in the market we can predict some stable value of Bitcoin. I think december month we should expect some good result but 20k USD is unpredictable in crypto market.

well, at the moment the price is really stable for the price of $ 6k. well, maybe next month can be a benchmark for the next bitcoin price. I hope, the price of bitcoin starts to grow, and starts to stabilize at a price of $ 7k or above.

Well i don't think a lot of people would be too optimistic about that return to 20k though. And i don't see why you could be so sure it'll be the same as last year. Entirely different situation where the market is coming from now.

so far whenever most people give up on bitcoin and think a rise is optimistic, like 2015 for example that is when the big rises start to happen again but when everyone is talking about how bitcoin is going to the moon like first months of 2018 when they said it is going to $50k soon, that is when the rise has come to an end.
i am not sure if we are at the 2015 stage yet but we are pretty close to it.

gabmen

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Quote from: Farma on September 17, 2018, 10:57:55 AM

Quote from: liuqi on September 17, 2018, 04:02:18 AM

Quote from: Question123 on September 16, 2018, 07:00:06 PM

This week that price is stable with more than 6000 dollars and I hope it will increase again. And Im still believe in the month of december it will pump again like more than 20k dollars. We do not want to see again below 6000 dollars so don't panic.

The price Bitcoin will never settle in one region because number of peoples are buy and sell at anytime so it should be raise and fall at continuously in the market. May be 21 million Bitcoin will released in the market we can predict some stable value of Bitcoin. I think december month we should expect some good result but 20k USD is unpredictable in crypto market.

well, at the moment the price is really stable for the price of $ 6k. well, maybe next month can be a benchmark for the next bitcoin price. I hope, the price of bitcoin starts to grow, and starts to stabilize at a price of $ 7k or above.

Well i don't think a lot of people would be too optimistic about that return to 20k though. And i don't see why you could be so sure it'll be the same as last year. Entirely different situation where the market is coming from now.

Farma

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Quote from: liuqi on September 17, 2018, 04:02:18 AM

Quote from: Question123 on September 16, 2018, 07:00:06 PM

This week that price is stable with more than 6000 dollars and I hope it will increase again. And Im still believe in the month of december it will pump again like more than 20k dollars. We do not want to see again below 6000 dollars so don't panic.

The price Bitcoin will never settle in one region because number of peoples are buy and sell at anytime so it should be raise and fall at continuously in the market. May be 21 million Bitcoin will released in the market we can predict some stable value of Bitcoin. I think december month we should expect some good result but 20k USD is unpredictable in crypto market.

well, at the moment the price is really stable for the price of $ 6k. well, maybe next month can be a benchmark for the next bitcoin price. I hope, the price of bitcoin starts to grow, and starts to stabilize at a price of $ 7k or above.

beerlover

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Quote from: ricardobs on September 09, 2018, 11:51:31 AM

It definitely won't "settle" at $6400, first of all it dropped even further than that already but it will also go up, this is bitcoin we are talking about the price never settles for too long, it definitely doesn't move %10 hourly all the time but it just stays there for couple days than move.

When just a week ago the price was 7.200 dollars did we thought the price "settled" no because we knew that the price would eventually move to a direction, we just didn't know which direction. Same applies here, the price is low right now but I am sure it won't stay like this for a long time and it will move to a direction that will change soon.

For your information, "for now" is the important part of the topic. It means we do not need to bother high about current price levels. Yes, it is settled at 6400 for now however we know that bitcoin doesn't stay at the same place for a long time, it moves and when it moves it moves quick and a lot. If it goes down it will go down to $5.2k levels or so, if it goes up it will go up to $7.2k levels or so.

These are more than %10 swings we are talking about and when it does it it moves in an hour or so at most, it doesn't take 3 days to move that much, it moves in an hour and takes everything on its path with it. So if you see bitcoin moving, you either step aside and let it be or you ride it till you reach your destination.

cellard

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Quote from: verguat33 on September 17, 2018, 05:36:19 AM

Quote from: kayakcrypto9875 on September 13, 2018, 11:41:08 AM

The surge is yet to come. The end of the year 2018 will be a great time for BTC, I am getting the felling from now that the December 2018 will be golden time for the bitcoin miners and investors. There’s been a good journey from 2016 the price reached from around 3k to 6 and a half K.

No it will not be a great time for bitcoin, because many people before already said the same but things were different from their predictions. In the previous year people told that 2018 will be the year of bitcoin but we saw that 2018 is the worst year for bitcoin so far. How is it possible that the price will go up in the last quarter of the year? It is totally nonsense.

And in 2017 nobody was saying Bitcoin was going to hit $20,000 and we all know what happened. Just look at the predictions of Tone Vays, eh was saying $7500 was the best possible scenario in 2017. People always screw up on their predictions specially all these reputed analysis.

What we know right now is that it is re-testing $6200 which was when the drop from $7411 happened in september 5th. If we can get above this we'll keep going up, if it goes lower then get ready to buy the dip as usual.

verguat33

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Quote from: kayakcrypto9875 on September 13, 2018, 11:41:08 AM

The surge is yet to come. The end of the year 2018 will be a great time for BTC, I am getting the felling from now that the December 2018 will be golden time for the bitcoin miners and investors. There’s been a good journey from 2016 the price reached from around 3k to 6 and a half K.

No it will not be a great time for bitcoin, because many people before already said the same but things were different from their predictions. In the previous year people told that 2018 will be the year of bitcoin but we saw that 2018 is the worst year for bitcoin so far. How is it possible that the price will go up in the last quarter of the year? It is totally nonsense.

liuqi

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Quote from: Question123 on September 16, 2018, 07:00:06 PM

This week that price is stable with more than 6000 dollars and I hope it will increase again. And Im still believe in the month of december it will pump again like more than 20k dollars. We do not want to see again below 6000 dollars so don't panic.

The price Bitcoin will never settle in one region because number of peoples are buy and sell at anytime so it should be raise and fall at continuously in the market. May be 21 million Bitcoin will released in the market we can predict some stable value of Bitcoin. I think december month we should expect some good result but 20k USD is unpredictable in crypto market.

Bardman

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Quote from: figmentofmyass on September 16, 2018, 05:28:02 PM

Quote from: BitHodler on September 16, 2018, 03:08:21 PM

I remember how people were spreading fake news that Amazon was about to accept Bitcoin, lol. Noobs at some point really believed that. Threads were flooded with generic 'this is good news for Bitcoin' posts.

So much excitement but none of these noobs even use Bitcoin as currency. For them it's just good news because they think they can sell at a higher price. Say thank you to mainstream adoption to have these people here.

that's true, but i suppose that's why bitcoin works: greed. the mining incentive, limited supply, metcalfe's law......satoshi knew the economics underlying bitcoin would cause its incredible price rise if it ever caught on. people are (mostly) rational and they see that too by now, so it's only natural that they chase the price.

i remember an old trading buddy of mine used to say: "one day, the world is going to collectively realize there's only 21 million bitcoins, and that time is running out." i'd love to see more people adopt BTC as a currency, but there's no way around the greedy hoarding.

I mean there really isn't any way around it, people wont suddenly start using bitcoin just because it's decentralized and a few other aspects. For most people using bitcoin or any other cryptocurrency to pay for stuff is much harder and riskier than using a credit card/bank/paypal.

I don't think ETF denial will be such a big deal just because most people already expect it to be denied but we will see.

Question123

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This week that price is stable with more than 6000 dollars and I hope it will increase again. And Im still believe in the month of december it will pump again like more than 20k dollars. We do not want to see again below 6000 dollars so don't panic.

figmentofmyass

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Quote from: BitHodler on September 16, 2018, 03:08:21 PM

I remember how people were spreading fake news that Amazon was about to accept Bitcoin, lol. Noobs at some point really believed that. Threads were flooded with generic 'this is good news for Bitcoin' posts.

So much excitement but none of these noobs even use Bitcoin as currency. For them it's just good news because they think they can sell at a higher price. Say thank you to mainstream adoption to have these people here.

that's true, but i suppose that's why bitcoin works: greed. the mining incentive, limited supply, metcalfe's law......satoshi knew the economics underlying bitcoin would cause its incredible price rise if it ever caught on. people are (mostly) rational and they see that too by now, so it's only natural that they chase the price.

i remember an old trading buddy of mine used to say: "one day, the world is going to collectively realize there's only 21 million bitcoins, and that time is running out." i'd love to see more people adopt BTC as a currency, but there's no way around the greedy hoarding.

teramit

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10 days at a price when some volatility is exist means there will be some steep move soon.
İ expect in a few hours to days a move to up or down but market need move just look at history of it.
By the way dont think that news will affect anything.

BitHodler

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Quote from: LeGaulois on September 16, 2018, 02:00:50 PM

And if you think a bull run is coming because Rolls Royce accept BTC then you are so dumb

People here never fail to surprise me with their posts. If this was 2013 and maybe even 2014 the market might have given a shizzle about merchant adoption, but we're way past that stage already.

I remember how people were spreading fake news that Amazon was about to accept Bitcoin, lol. Noobs at some point really believed that. Threads were flooded with generic 'this is good news for Bitcoin' posts.

So much excitement but none of these noobs even use Bitcoin as currency. For them it's just good news because they think they can sell at a higher price. Say thank you to mainstream adoption to have these people here.

LeGaulois

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Quote from: ce7mee on September 16, 2018, 08:23:11 AM

If the market is berish, it is evident that the bull run will come. The only uncertainty is, when? But given that giants like Rolls Royce are now getting invested in this market, it means that the bull run is coming, soon. We just need to be patient.

Fake news, Rolls Royce isn't investing in Bitcoin or any other cryptos. I am so tired of these people who just repeat like a parrot but are not able to understand what they read. They just repeat what they read here from the low information voter.
And if you think a bull run is coming because Rolls Royce accept BTC then you are so dumb

aencarnaci

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Quote from: Fornam on September 12, 2018, 01:51:22 PM

The whole world is getting into cryptocurrency, the nations are talking serious positives steps, the bigger brands are connecting with crypto world daily. The crypto world is currently based on bitcoin so the assumption says that there is a huge surge is coming for bitcoin

Even if we get to see some good bullish movement, which does not mean, we should expect the same movement compared to last year. The truth still remains that no one certainly knows how the market would behave in the short and long of it, but whichever way, we are still optimistic for the future. Things are changing fast, development will keep coming, things would get better, and at some point, price will skyrocket, but at this stage, even in as much as a lot of people are expecting a huge bullish run at the moment, I really would prefer to just stick with the trend.

Moreover, I sure expect something to happen before December and for sure we may start beginning to see the move before the end of this month. The bulls have always been around the corner and even as at now, they have been trying hard to hold the market together to some extent.

Nevertheless, either the bulls eventually set in later on, how long we go is still best known with time, which I may not be expecting as much as last year. However, it is, we are still upward and just experiencing a short downward correction.

ce7mee

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If the market is berish, it is evident that the bull run will come. The only uncertainty is, when? But given that giants like Rolls Royce are now getting invested in this market, it means that the bull run is coming, soon. We just need to be patient.

skeletica

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I hope it's true, because I'm afraid everyone will get bored with this situation.
I hope that before December Bitcoin will show good changes.

Flin+piclo

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Yes, that's right. It's always better to be prepared for anything and everything. Bitcoin prices have been going up by every year and this is no joke, and as far as bull run is concerned it could happen next month or next year. It depends on't the market condition since it easily gets manipulated.

Topic: Settled at ~$6400 for now? - page 2. (Read 785 times)