Topic: The reason why bitcoin will never *stay* below 5000$ again. PROVE ME WRONG - page 2. (Read 2504 times)
November 14, 2018, 05:02:03 PM
IMO, the reason why bitcoin will never stay or goes down below 5,000$ because so many people wanted bitcoin's market value to go down, they will panic buy whenever they see bitcoin's market value to go down. Bitcoin at 5,000$ is really low if you compare it to its regular price since the 4th quarter of 2017.
November 13, 2018, 05:57:02 PM
I think what we witnessed in last december will happen again and at a greater extent. Don't ask me when, but that's a given.
I think what happened in December 2017, of course this will happen again in the coming year, even though we don't know when the second $ 20,000 segment will occur. And I believe, the value of bitcoin will grow to greater than $ 20,000.
November 13, 2018, 01:01:50 PM
I believe anything could still happen with BTC price. Unless, you are one of those market movers, you will never be able to predict where the market is going. All we can do is to anticipate the next move of those who hold a lot of funds and strategize based on their tactics.
November 13, 2018, 08:17:31 AM
Again? If we stretch timeframe to eternity, that statement will always be true, without "again". Fact, short of the market just dying, no price is the bottom, neither is there ever a top.
And a value against USD won't even last this century, should Bitcoin still be traded. Pointless to prove anyone wrong or right, since that proof can only be shown at the end. Put a timeline and we can talk shop =)
And a value against USD won't even last this century, should Bitcoin still be traded. Pointless to prove anyone wrong or right, since that proof can only be shown at the end. Put a timeline and we can talk shop =)
November 13, 2018, 04:55:46 AM
no op i wont believe that analysis of your's . what i trully believe is that anything can possibly happen , the price can still go down below 5k usd but it can also climb up high higher than its previous ath .
That all will depend on the mood of the whales because whales are the ones that trully controls the market situation since they are the ones that have a big capital .
Anyway , rest just assure that bitcoin and any other cryptos will have a good comeback because i havent seen them recovering so far up to this year .
That all will depend on the mood of the whales because whales are the ones that trully controls the market situation since they are the ones that have a big capital .
Anyway , rest just assure that bitcoin and any other cryptos will have a good comeback because i havent seen them recovering so far up to this year .
November 12, 2018, 08:55:03 PM
The remainder of this $5,000 to $6,000 are the true Bitcoin holders now which composed of strong hands and strong people that all the panic people are already sold their Bitcoin and leave. Lets forget about the bull run and focused to this new real demand stabilize amount or the new baseline of the Bitcoin price which is $6,000.
November 11, 2018, 02:24:12 PM
Current Market cap is 120b $ (actually real market cap much lower than that due to lost btc and so on); that could be 1000 people with 120m$ hidden. Anyone who has approximately that amount of btc would be very able to buy the market would it temporarily drop significantly below 5000$ per btc, due to the very limited (and shrinking) actual supply of bitcoin and availability in the exchanges.
I think what we witnessed in last december will happen again and at a greater extent. Don't ask me when, but that's a given.
Bitcoin has been chosen.
Why? Possibly positioning.
Price won't give a fuck on whether it can be used everyday to buy stuff. Its purpose it for wealthy billionaires to keep part of their wealth inaccessible through offline wallets.
Whether tx take 1 hours to go and cost 10 bucks each.
Whether the nodes get a little bit more or a little bit less centralized.
All that matters is the one reason I stated above.
Everything else is just smoke for sardines.
That is definitely one reason why the price of bitcoin is probably not going to go that low or at least it is not going to remain at those levels but even if not many people are using bitcoin as a currency that is a huge factor as well because we cannot deny that having a way to pay for stuff that cannot be regulated is a very powerful thing and something that a lot of people will appreciate. I think what we witnessed in last december will happen again and at a greater extent. Don't ask me when, but that's a given.
Bitcoin has been chosen.
Why? Possibly positioning.
Price won't give a fuck on whether it can be used everyday to buy stuff. Its purpose it for wealthy billionaires to keep part of their wealth inaccessible through offline wallets.
Whether tx take 1 hours to go and cost 10 bucks each.
Whether the nodes get a little bit more or a little bit less centralized.
All that matters is the one reason I stated above.
Everything else is just smoke for sardines.
November 08, 2018, 07:57:40 PM
It seems your assumptions is going to be true as the Bitcoin is stable and steady with the $6,000 mark so hopefully the you are right that Bitcoin will bounce back by December. I'm waiting for the ETF approved remark and big whales appearance to support your speculation as we need to be always positive to overcome some negative thinking so this is better than spreading FUD that will just make the market worst.
November 07, 2018, 09:18:33 PM
Everything still going according to my theory also in the OTC markets.
November 02, 2018, 12:47:47 AM
I won't bet on the price going below $5000 because for me when Bitcoin price hit $18k I said then the we won't see bitcoin price below $10k, I was advising my friends to buy at that price, but we are now close to $5k than $10k now and i was very disappointed encouraging someone new to the space to buy at the top. I am bullish on BTC that is all I can say now because IMO there seems to be some invisible hands pushing the price down
November 02, 2018, 12:15:54 AM
maybe you are right buddy. I also think that bitcoin is not gonna go down below 5000$ since it is the most volume coin in the market, as for market situation now, bitcoin is gonna take an increawe for the remaining months on this year. In fact, every bitcoin holder hopes that it will rise to its very peak high price just like on december of 2017.
November 01, 2018, 11:00:03 PM
I think what we witnessed in last december will happen again and at a greater extent. Don't ask me when, but that's a given.
Since i am not a crypto expert who can provide technical analysis regarding about the repetition of last year's inflation rates of cryptos, then i can't also tell when it will comes back again. As a believe, i am just confident that it will going to happen again in the future.
November 01, 2018, 10:48:57 AM
Perhaps you are right, but I am inclined to believe that if someone wants to drop bitcoin below, he will certainly achieve it. It is enough to convince large investors that Bitcoin is not suitable as an investment, and it will lose value. For example, if a blochain finds a vulnerability. The value that we see today, in my opinion, is true, and it will not differ dramatically over time.
November 01, 2018, 10:08:41 AM
Everything can be impossible to say for sure that Bitcoin cannot fail to ask for up to five thousand dollars, since there is a lot of manipulation on the market and this is not very good for Bitcoin, many still think that it is just a soap bubble results.
November 01, 2018, 09:40:42 AM
I support the author and also believe that Bitcoin will not be long below even 6k dollars so you can safely buy it at the current price
November 01, 2018, 08:48:25 AM
This market has fast dynamics. And we can not say what will happen tomorrow or next month. But I think that large investors will make every effort to stay in profit.
October 28, 2018, 06:23:40 PM
That's sign bitcoin are still strong, i agree it's possible bitcoin give better increase before end of this year, but i don't expect well because many expert are failed to predict about bitcoin movement in year current year, better to wait what will happen for bitcoin before end of this year.
October 28, 2018, 06:22:28 PM
The market is still not predictable if it was, we should be close to 50,000$ by now as predicted by those who know Technical analysis so much. Its good to be bullish but dont ignore reality.
October 28, 2018, 06:15:50 PM
Bitcoin today is about 5% higher than it was the same time last year. Whilst there have been wild swings in its price it has shown resilience and never dropped below $5k which is why it is very unlikely to drop below $5k again, in fact I doubt it will drop below $6k again. My prediction for what its worth is that one year from now it will be at $8k with some very large movements in December and January.
October 23, 2018, 01:12:19 AM
I would say this is correct, the bottom appears to be around 6200 so this stagnant market will probably fluctuate between there and 7k for a while, at least until the bull run begins
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