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Topic: The christmas crash - who can pick the bottom (Read 260 times)

hero member
Activity: 1092
Merit: 501
December 25, 2017, 09:30:32 PM
#24
better wait, i think it can go back to 6k within a few days
And what makes you think that the price of bitcoin is going to crash that much, the price went down that is true but to expect such a low price some really negative news needs to come and even if that happened I do not know for how long the price will remain that cheap, if we saw such prices I have no doubt that many people in the forum will rush to buy all the bitcoin they can.
copper member
Activity: 588
Merit: 17
My guess that BTC bottom will be about 11k this year.

You got it.

Yeah well, about 11.8k, but anyway that was just a nice guess  Roll Eyes
legendary
Activity: 4200
Merit: 4887
You're never too old to think young.
My guess that BTC bottom will be about 11k this year.

You got it.
legendary
Activity: 2912
Merit: 6403
Blackjack.fun

Neah, leave that to Santa and Fate.
He's just a poor bear who forgot where his winter cave is located.

You can check the threads he is making...just for fun.

Crash looks fairly nice now, like 15k Grin

Yeah, in China all the candles are red today.  Grin Grin
So much crash....

better wait, i think it can go back to 6k within a few days

My guess that BTC bottom will be about 11k this year.
Once again,poor prediction.Bitcoin price has started to recover and now its price is $14,710.Bcash price is now just $2,934.Bad day to those who switched to bcash and it would still continue to fall.I think its quite getting clear that there was an inside trading in coinbase due to which BCH price got pumped.Now once again,miners would start switching to bitcoin mining.We could hope that it may help solve the transaction issue a little bit.Despite high transaction fee,its quite clear that bitcoin still has a huge buy wall and its difficult to break and this buy wall would not allow bitcoin price to crash as before.Better those guys who expect bitcoin price to fall below to $6,000 would understand this time.

Let me quote the Dork Lord :
Quote
"I think insider trading is a non-crime"-Roger Ver

PS. not a mistype, it's with o not a.
copper member
Activity: 588
Merit: 17
Crash looks fairly nice now, like 15k Grin
legendary
Activity: 2464
Merit: 1145
na dont buy now sub 10 k next year - this fomo will land hard for sure.
hero member
Activity: 952
Merit: 500
better wait, i think it can go back to 6k within a few days

My guess that BTC bottom will be about 11k this year.
Once again,poor prediction.Bitcoin price has started to recover and now its price is $14,710.Bcash price is now just $2,934.Bad day to those who switched to bcash and it would still continue to fall.I think its quite getting clear that there was an inside trading in coinbase due to which BCH price got pumped.Now once again,miners would start switching to bitcoin mining.We could hope that it may help solve the transaction issue a little bit.Despite high transaction fee,its quite clear that bitcoin still has a huge buy wall and its difficult to break and this buy wall would not allow bitcoin price to crash as before.Better those guys who expect bitcoin price to fall below to $6,000 would understand this time.
hero member
Activity: 1092
Merit: 501
I'm looking for some cheap btc around 12k and some real gifts at 10k

Come on you generous folks keep panic selling

What price will get you shopping for some festive BTC?
Right now is impossible to predict anything in crypto, the price is moving in ways we do not understand and that is why I have been a holder for some time, I realized trading was not for me long time ago and all these crazy movements in the market are not making me change my mind, personally I think the price could decrease even further and reach 11k.
legendary
Activity: 1652
Merit: 1483
Waiting for a sub-$10k listing before I release my year-end bonus into this baby once more and see where will this take off. On our local group, everyone is panicking like crazy and suggesting that we move our funds into something sensible at the moment, and it's Bitcoin Cash I just kept quiet and while they are selling their bitcoins, I'm happily collecting some of it immediately as soon as it lands on an exchange. As most projections read, $7500 would be the likely bottom of this correction and everything will start from there.

Oh boy I can't wait!

i'm not sure we can plan on that. we're already seeing a high volume bottom and fomo buying. coinbase prices are up nearly $5,000 from the lows! if this is really just a dead cat bounce and we end up making another leg down, then i still have the same thoughts as before. i don't expect bulls to let the log trend fail. if they do, it's probably not worth buying for a while:

we could actually drop significantly lower than that and still keep the logarithmic uptrend intact. right now, the trend line i am tracking is ~ $8,100 and rising. as long as we don't break below that trend line, then the parabolic trend can form a new slope and continue. as long as the trend holds, i expect a very strong bounce and eventual new highs.

my gut feeling is that the bottom is already in. sucks because i was ready for this dump and my bids were missed by just ~$200. praying for retest of the lows here.... Tongue
full member
Activity: 266
Merit: 222
Deb Rah Von Doom
$8K for now.  Then there could be a 2011 or 2014 style slow grind to $3K a year down the road.
legendary
Activity: 1652
Merit: 1265
member
Activity: 263
Merit: 10
better wait, i think it can go back to 6k within a few days
LOL Grin are you dreaming in broad daylight or what? Bitcoin will not go back to $6k again that's impossible. I think bitcoin has already reached the bottom from here it will start recovering.
sr. member
Activity: 433
Merit: 251
$3800
legendary
Activity: 3374
Merit: 3095
Playbet.io - Crypto Casino and Sportsbook
I think this will be the bottom price and it won't drop more.. There are many people are panic selling i was planning to sell my bitcoin when 18k but right now i change my mind after the crash happen.. i will be lose if i sold my bitcoin today.. I'll still keep my bitcoin until the price is getting normal and increase back again and i think its impossible to see $10k since there are lots of people right now using bitcoin the only big problem right now is the miners fee is getting increases.

better wait, i think it can go back to 6k within a few days
Nice dream lol But everything is possible in bitcoin.
legendary
Activity: 3542
Merit: 1352
Cashback 15%
Waiting for a sub-$10k listing before I release my year-end bonus into this baby once more and see where will this take off. On our local group, everyone is panicking like crazy and suggesting that we move our funds into something sensible at the moment, and it's Bitcoin Cash I just kept quiet and while they are selling their bitcoins, I'm happily collecting some of it immediately as soon as it lands on an exchange. As most projections read, $7500 would be the likely bottom of this correction and everything will start from there.

Oh boy I can't wait!
copper member
Activity: 71
Merit: 0
December 22, 2017, 02:31:07 PM
#9
better wait, i think it can go back to 6k within a few days
no one can wait until bitcoin bullish again cause it make a huge lose if bitcoin holders still waiting for the rising.  I think much better to sell now cause as i see bitcoin graph it will never go up until this Weekend.  So i decided to sell even i don't want to.

I fully agree. My "better wait" was a comment on the topic poster who wanted to buyin again at 12k.

BTC went up way to fast, only natural that it goes back a bit, we have seen that with almost all coins who went from 1000(sat) to 20.000..they all went back to 2000-3000 or lower again..and after a while got pumped up again and again
sr. member
Activity: 2016
Merit: 283
December 21, 2017, 11:13:01 PM
#8
better wait, i think it can go back to 6k within a few days
no one can wait until bitcoin bullish again cause it make a huge lose if bitcoin holders still waiting for the rising.  I think much better to sell now cause as i see bitcoin graph it will never go up until this Weekend.  So i decided to sell even i don't want to.
sr. member
Activity: 1008
Merit: 355
December 21, 2017, 10:42:15 PM
#7
The market is panicking right now and there is nothing new here. I am just sad that I never convert when it reached almost $20K that would have been the best time to get out from Bitcoin temporarily and now that it is almost back to $10K I just prefer to hold...anyway it would soon be back climbing as this is a major correction really needed so no big bubble burst can happen. Sell sell sell while those waiting for the dip are all getting ready to buy buy buy.
member
Activity: 238
Merit: 10
December 21, 2017, 10:32:50 PM
#6
I'm looking for some cheap btc around 12k and some real gifts at 10k

Come on you generous folks keep panic selling

What price will get you shopping for some festive BTC?

It is like a mind challenging game rite now on the market. Cannot predict anything correctly. Remember your happiness will be pain of the others.

hero member
Activity: 1834
Merit: 759
December 21, 2017, 10:31:32 PM
#5
You'll get your wish soon. It has dipped to 13k. I'm not selling, but I'm not particularly tempted to buy some either.

Honestly though, I'm not sure if these are panic sells or just normal market movement. Check out coinmarketcap. Everything is in the reds. Either way, let's preach patience. Remember, some weeks ago people were speculating whether we'll get to 10k by the year's end. We're still way over that lol.
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