Topic: Speculation on BTC - page 4. (Read 1599 times)
As I always says bitcoin will have a chance to recover when the last quarter of the year comes like what happens last year when coins in crypto market pumps so high that no one expected to happen that kind of price increased. So I don't mind no matter what price drops happening right now because I'm focusing more on my work as a day trader and just waiting for that quarter of the year to come and do my next moves.
Much has already been discussed at the expense of the bitcoin price. A lot of people are speculating on the account of a crippling currency, because this can be a good thing to earn. They say their opinion and it's up to you to think whether to consider it to be true or not.
I think of that too, bitcoin price is very speculative and so while we don't know who actually are speculating, all that we have is just too sensitive for those, and trying to keep on the top of the wave.
What grounds do you need? facts, etc. When the dollar rises against oil, what are the facts? Economic crisis??? All this is called so. Personally, my opinion is the limit of bitcoins in 21 million, this will be a key factor in the fact that everyone wants to have a piece of this "crypto pie" Here is a fact, the demand determines the supply and price.
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I was reading the Speculation section from the Economics forum yesterday, and two guys from the BTC Foundation said that 2018 will be the last time that Bitcoin will be under $10,000. I believe that this statement was made to lessen the worry that comes about every time that BTC drops. I don't know how anyone could make that statement in full faith though, as the nature of altcoins is its very volatility. Since it is not tied to normal economic conditions as fiat currency is, I don't quite see where that prediction comes from. The fact that many economies are talking about some type of oversight does show that acceptance is gaining and perhaps is a harbinger of more stable, and higher, prices.
It is so hard to believe speculative statements without seeing any proof that could validate the speculation. I know that every one of us here are looking for a strong place for bitcoin in the global market to secure our trust on the technology that brought us bitcoin in our lives. We must understand that price drop is normal in any investment, since bitcoin is a highly volatile investment, it really fluctuates in an unbelievable rate. We have to be calm and compose whatever happen, panicking will not help anyway. There will always be good news and bad news for bitcoin anywhere and anytime. In my opinion, Bitcoin's future position will be determined by its rules and applications in the global marketplace
.No, at any currency market always have whale control the value of currency. BTC has like gold is for mining, but gold is material but BTC is immaterial.
Maybe it's just an speculations, but other people and investors depends on thier speculation. However if you want to succeed in bitcoin, we must trust and believe the capacity of bitcoin. Some people make negative issue about bitcoin, to discourage others. The user who already understand and open minded about bitcoin will ignore those negative issue's.
Everyone depends on speculation about his mind I think that the future of bitcoin is bright and invested on that speculation and am sure that all the investors speculate the same. If you are doubtful about the future if bitcoin they you will withdraw your money because nobody wants to invest hi money in such a place which has no future at all.
In my opinion, Bitcoin's future position will be determined by its rules and applications in the global marketplace
Speculation for bitcoin is a necessary condition. Bitcoin would not have been so worthy if it had not been speculation. Speculation is the reason why you lose so much value.
ie Speculation is required for both sides.
ie Speculation is required for both sides.
If 2018 is the last year for BTC to price below 10k USD then that's a bold claim. BTC woukd havento hit it's price early this year and higher for it to plummet above 10k USD. But it would be better for all of us who have stakes in BTC if the speculation is accurate. I juat want to be prepared for the worse that's all.
I think that now too many other virtual currencies are burning btc, causing the price of btc not to rise, but the current price is reasonable. In the next few years, if more places can support btc payments, his price will increase with the increase in computing power.
I do not believe in anything like that. many experts say if the year 2018 bitcoin prices will be very high, but until now there is no sign if the price of bitcoin will rise.
Most bitcoin forecasts or predictions are bound to fail. Those predictions are use only by some market analysts to attract attention from the viewers or the reading public. Bitcoin price is highly volatile and it's react quickly in every event that related to it. It need many positive developments to continue its recovery and eventually creating bullrun. Forecasting the next bitcoin bullrun must require a believable and clear explanations on upcoming bullrun.
Comparing the mindset of the first bitcoin transaction for which 10,000btc was used to buy 2 pieces of pizzas could tell you what the value of bitcoin should be. But today that transaction can not be even imagined, because it will be outrageous. Therefore I believe that bitcoin has been priced over it's original anticipated value. Rather than believe prices will go up, I see prices constantly reflecting the reality, which is downward.
I disagree, satoshi himself said that in the future there will be a large volume or no volume, meaning bitcoin will have a high price or have a value of zero, so satoshi anticipated a huge volume and consequently a huge price for bitcoin as the adoption of bitcoin grew faster than the supply which is a recipe for a price increase, the current price of bitcoin does not reflect its reality and an even lower price will make that distortion even larger.That's also a recipe for deflation and economic catastrophe if the economy were to be based in Bitcoin. Dropping prices or appreciating currency discourages economic activity, which grinds economies to a halt. I don't think considered the long term economic impact of a deflationary currency, only that the currency would not be manipulable which may produce short term benefits but seems to be outweighed by the long term drawbacks.
Comparing the mindset of the first bitcoin transaction for which 10,000btc was used to buy 2 pieces of pizzas could tell you what the value of bitcoin should be. But today that transaction can not be even imagined, because it will be outrageous. Therefore I believe that bitcoin has been priced over it's original anticipated value. Rather than believe prices will go up, I see prices constantly reflecting the reality, which is downward.
I disagree, satoshi himself said that in the future there will be a large volume or no volume, meaning bitcoin will have a high price or have a value of zero, so satoshi anticipated a huge volume and consequently a huge price for bitcoin as the adoption of bitcoin grew faster than the supply which is a recipe for a price increase, the current price of bitcoin does not reflect its reality and an even lower price will make that distortion even larger.I believe there are plenty of powers fighting for the dominance over bitcoin some of which are trying to suppress the price and some drive it up. Moreover, bitcoin's rate is pretty dependent on news. With all that in mind, I would dare making any predictions as there always is a chance of a black swan.
That is true their are a lot of spectaculaions of bitcoin it is because it is already known all over the world and some people make it to the point to invest by the use of their cryptocurrencies kinda business form. In my predictions it will continuously grow and grow because of the advantages that brings to our life.
You are right, speculations and predictions are not accurate enough so for me I have a strong feeling that bitcoin will continue to grow and will become more popular and also the price will increase more.
I was reading the Speculation section from the Economics forum yesterday, and two guys from the BTC Foundation said that 2018 will be the last time that Bitcoin will be under $10,000. I believe that this statement was made to lessen the worry that comes about every time that BTC drops. I don't know how anyone could make that statement in full faith though, as the nature of altcoins is its very volatility. Since it is not tied to normal economic conditions as fiat currency is, I don't quite see where that prediction comes from. The fact that many economies are talking about some type of oversight does show that acceptance is gaining and perhaps is a harbinger of more stable, and higher, prices.
I believe that most people entering the crypto market are speculative, the market in recent days is fluctuating continuously and very difficult to predict and at the current price bitcoin knit continuously decline, capitalization of the market The school has fallen sharply and is currently under the $ 300 billion mark. Therefore, I think you should not invest long term in bitcoin as long as the market is bearish. I believe there are plenty of powers fighting for the dominance over bitcoin some of which are trying to suppress the price and some drive it up. Moreover, bitcoin's rate is pretty dependent on news. With all that in mind, I would dare making any predictions as there always is a chance of a black swan.
That is true their are a lot of spectaculaions of bitcoin it is because it is already known all over the world and some people make it to the point to invest by the use of their cryptocurrencies kinda business form. In my predictions it will continuously grow and grow because of the advantages that brings to our life.
I was reading the Speculation section from the Economics forum yesterday, and two guys from the BTC Foundation said that 2018 will be the last time that Bitcoin will be under $10,000. I believe that this statement was made to lessen the worry that comes about every time that BTC drops. I don't know how anyone could make that statement in full faith though, as the nature of altcoins is its very volatility. Since it is not tied to normal economic conditions as fiat currency is, I don't quite see where that prediction comes from. The fact that many economies are talking about some type of oversight does show that acceptance is gaining and perhaps is a harbinger of more stable, and higher, prices.
Of course, at this point in time we should only speculate in bitcoin, you can see that although bitcoin has great applications and great value for human life, in fact, bitcoin is still Not recognized by many countries and considered legal. So in fact bitcoin is still virtual and has no value for human life. I believe you should only speculate on bitcoin and long term investment should not be. Many people predict that bitcoin will rise quickly, I don't think so, the market may take a long time to fix it, and we don't see more new investors entering the market now.
any people predict that bitcoin will rise quickly, I do think so too, the market may take a long time to fix it, and we do see more new investors entering the market now.BTC rise can happen very quickly and in the past it has risen like 2000$ in a day or more. So just if we see that the uprise starts in coming time and even if it can rise to 1000$ in a day for couple of days we will be back to 9000$ in quick time. This will boost up the market.
for bitcoin price speculation the bitcoin price should be more than $ 20k because the current bitcoin circulation is also getting thinner and getting bitcoin is already very difficult.
I still believe that saying about five digits would be the last year is right because last year we had reached nearly $ 20,000 and that's not a small margin, there must be a massive attack on bitcoin dominance but we can see resistance from bitcoin proponents every time they try to dump the most bitcoin alts from the top coin drops with this.
We all have the right to say what we want to say, and these two have their own.
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