Topic: Speculation on BTC - page 6. (Read 1599 times)
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.
In whatever intent those comments were made I think bitcoin is currently undervalued and what those guy are saying is reality of the future. Bitcoin will remain above $10,000 in years to come and holding some of it is a good decision now as from next year we are going to have upwards price movement.
We have two different groups here one is from the bitcoin believers and the other one is not. They give their different opinion but only the future can tell the exact data. For me I believe on bitcoin but I dont like to buy it at high price. Risk is too much from that point compare from this current situation.
Yeah but I think the believers ratio is high because many people still invest in bitcoin due to low price and they hope that the price will increase in the future. I also think that the future of bitcoin is very bright and it will recover all the deficits. It is still on the top of cryptocurrency market and the reason is high volume of investment capital. 
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.
Their speculation is possible, It is a big possibility that Bitcoin will rally before the end of the year and I think the $10,000 area will be a super support level in the future. Just like recently our best support is the $6,000 area. I remembered first quarter last year that rarely you will see a person to speculate that we will even reach $6,000 but looking today people already have identified that buying at $6,000 is the wisest thing to do.
I still doubt this. Although looking at the last price of 2017 ago with a very fantastic but if we look again the history of BTC lowest prices since 2009 is not always an increase. https://www.bitguru.co.uk/bitcoin-price-high-low-since-2009/
I think After all, I'm sure none of these people will ever foresee when Bitcoin is trading above $ 19,000 who will never again see a price below $ 7,000, and as we all know it reaches less than 6 months later! And that's why their predictions are worthless.
No one has control over the price so no one has reasonable expectations about what the future price will do. Prognostication by anyone, even people from the BTC Foundation, is somewhat worthless. It seems more likely they are trying to boost demand because weak demand has slowly deflated prices for a while now. As a member of the BTC Foundation, I hope they may have significant Bitcoin holdings and may be concerned about how their holdings have depreciated in value over the last 6 months or so. Because of this, I will see such "forecasts" not only unfounded (like other price predictions), but also self-motivated and conflict-oriented.
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.
Bitcoins and other cryptocurrency in the market are all unpredictable and the value will be always depending on supply and demand, the prices today is might decreasing but still we can expect for the price to grow again because people will still invest a huge amount due to the dumping time today in the market.
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.The price of bitcoins takes too long before it increases and the problem as well in the market are the fake news that is spreading all over the countries which makes the prices of bitcoins to drop even more but still it gives different people the chance to invest a huge amount since the market price is decreasing and that's when the volatility become very profitable.
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.
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.
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.
Bitcoins and other cryptocurrency in the market are all unpredictable and the value will be always depending on supply and demand, the prices today is might decreasing but still we can expect for the price to grow again because people will still invest a huge amount due to the dumping time today in the market.
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.
Bitcoin today is currently decreasing in the market and it was down to $6k dollar to be exact, it was the best time to invest if you are planning to start trading in the market, investing today will make you earn a huge amount of profit due to the volatility that will make the price to increase after a few months.
They are people who predict where predict are neither fact or false. It's just opinions that would increase their own self-esteem about the current market situation. I don't really believe most of them though and just do my things on my own.
The speculation of which I will not be able to decide advice because the value are unstable if the value is stable then we made a decision for a few tips but this is not stable love so we cannot make any decision for this situation.
I am kinda worried about one factor - rate of Bitcoin adoption. It seems like adoption slowed down significantly during last year, and sometimes even reverted (Steam is no longer accepting BTC)
Metcalfe's law states that the value of a network increases as the number of users on said network increases. So the number of users we have, affect directly the price BTC
Adoption is somewhat stagnant - no major company is talking about accepting bitcoin as a payment method - because they know that people are not willing to spend their coins anyway.
I am worried that "hodling' mentality of Bitcoin users, in the end, will be a very big problem and the reason for low BTC adoption.
I think those two things are different aspects, in one hand you are right when you say that business have stopped adopting bitcoin and in fact we seem to see the opposite, the adoption by new users has slowed down somewhat due to the crash but it was very good before it, the main problem for business were the high fees and I sent a transaction some days ago and the fees were very cheap comparing them to a few months ago and this is going to improve when the lightning network is working, so we will see more adoption in the future it is just going to take longer than we anticipated.Metcalfe's law states that the value of a network increases as the number of users on said network increases. So the number of users we have, affect directly the price BTC
Adoption is somewhat stagnant - no major company is talking about accepting bitcoin as a payment method - because they know that people are not willing to spend their coins anyway.
I am worried that "hodling' mentality of Bitcoin users, in the end, will be a very big problem and the reason for low BTC adoption.
This improves the mind of people and brings increase in the demand factor which further improves the value of Bitcoin and other coins.
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.
In my own opinion, there are different speculations in the market but there is no accurate prediction so i prefer to believe on positive speculations because in this way i can boost up my confidence to invest even more for the future.
We really need to be more positive and keep believing that bitcoin will rise again and good profit will get soon, even if negative speculations are everywhere I will still be more positive and keep waiting.
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.
In my own opinion, there are different speculations in the market but there is no accurate prediction so i prefer to believe on positive speculations because in this way i can boost up my confidence to invest even more for the future.
your statement may be true but even though bitcoin down it will not be long bitcoin is a new technology that many companies accept, so grab a chance to buy if the bitcoin goes down
well, this would be an excellent opportunity to buy bitcoin if the price decreases as it is today. we all believe, that bitcoin prices will be even higher this year. it may be down for some reasons now, but it would be a very good thing to buy it in bulk.My brother and I decided to buy more Bitcoins and some of the altcoins that will be the future gainers. Just do not be depressed but use this time to get the crypto.
Yes there will be a surge in prices, but I don't believe that the coin will cross the $10,000 mark by 2018. Many alts at present, are more advanced than the pioneer and present with more advantage over the crypto. This has led to an impact in the coin's demand, ultimately affecting its market capital.
In the future I believe, if the coin gains some stability and becomes less volatile, it can head towards being a mainstream currency which can revolutionise the economy and help in a digital, cashless society.
Thanks for sharing from a very experienced person. Although I'm a newcomer, I also believe that in 2018 Bitcoin can not reach $ 10,000. Bitcoin at $ 9,000 by the end of this year was a good price. So, let's consider whether to speculate on Bitcoin at the moment. Be realistic. Do not expect too much on Bitcoin's growth as late as 2017. It may take a lot of money. In the future I believe, if the coin gains some stability and becomes less volatile, it can head towards being a mainstream currency which can revolutionise the economy and help in a digital, cashless society.
They are people who predict where predict are neither fact or false. It's just opinions that would increase their own self-esteem about the current market situation. I don't really believe most of them though and just do my things on my own.
Previously, the speculation on Bitcoin was reasonable. But to this point, with slow growth and a decline in Bitcoin value, Bitcoin speculation is not necessarily wise. Bitcoin will again have growth in the future but certainly can not excel. Please stop to grasp the situation, or invest in another Altcoin that is probably more feasible. You should be careful when casting speculators in this situation.
Negative speculation will discourage people and they will stay away of the market of cryptocurrencies due to the negative news. On the other hand positive speculation in the market will encourage people and more people to take the ways straight towards this market.
This improves the mind of people and brings increase in the demand factor which further improves the value of Bitcoin and other coins.
Speculation may have a great effect on the people that have the desire to adopt bitcoin to try to earn money by trading, but for the rest of the people they are only going to adopt bitcoin once it becomes clear they can make money with it in traditional ways like creating a business that accepts bitcoin or when they see an improvement in the technology that translates in direct benefits for them, that is why even if the fees are good right now we need the LN so the issue with the fees is forever resolved. This improves the mind of people and brings increase in the demand factor which further improves the value of Bitcoin and other coins.
Jump to: