Topic: Stop speculating if you don't know what you are doing..price will go up (Read 626 times)

The price will go up before halvening. Of course it will. You're totally ignorant if you think it won't.

While I am bull, there is no way to know the price WILL go up.

It's funny how little the price went up last year when we heard people implementing bitcoin in their stores, setting up new atms etc, and none of that made the price to blow up, like the last smal rally we have in late may this year.

lol

I dont have anything to sell you, call this bullshit or whatever. Go ahead and waste more of your time reading people saying it will go up or down, in the end of the day, none of us could make the price rise or fall, it's up to China.

Everyone wants to get rich quick, but like any trade-able commodity you're never quite sure when supply will start to exceed demand and it will start to crash back down. You only learn from experience when speculating so many people are bound to get burned, it has happened a thousand times before now in different ways.

yes you're right, everyone is free to speculate on the price of bitcoin, because we speculated so can release our desires, even if it does not fit with what we expect

Everybody are free to speculate bitcoin price but i also beleive price will be around 800$ during halving. Other may have their own views and some may sort at the current price, but what they have is theirs and they can sell them anytime they want.

Is you an insider? Otherwise I call bullshit on this.

I definitely think the price will continue upwards though

I couldn't agree with you more honestly (I'm not sure about the ETH and Litecoin part, though). We didn't see any useful threads on the Speculation section since a long time now.
However , we can't deny the fact that bitcoin price could decrease if people start panic selling after the halving block reward (In case there is a huge price increase in the first place).

Let's make this clear once and for all. There are people here who know what they are doing by doing TA and so on, and they can sometimes predict the right outcome for the price for bitcoin. But most of you just drop silly comments and make stupid threads about how we are going to be dumping and dumping because we can't for example hit $600 so we got to get back to low $500 or high $400 etc.

Anyone that knows what they are doing, know that it's China who is in control of the price. Chinese investors and miners are manipulating the price to make the most profit. We are all small players in the game, some of us profit, some of us lose, just like the stock market.

You maybe think that this thread is silly, but I can gurantuee that the most silly thing is people that thinks we are not going to higher price levels because of the halving and that there is no buy orders etc on some exchanges. If China want to, we will see $1000. I would be happy with anything above $800-900 to be honest, but the more, the better. Grab some coins if you can, at your own risk. And hold, don't be a cool guy trying to daytrade but ending up losing the big profit for some small amount.

And after bitcoin, China will take on ETH. I know this because i've been in contact with a few chinese people that are in the market and that's how most people look at it. Litecoin is to small, there is more money in Etherum than Litecoin, and for that reason we will see a new ATH in ETH as well, around/after halving in July. My guess is around $50 for each eth, which is very realistic based on the fact that Litecoin went up to $40 etc when bitcoin was strong.