Author

Topic: There is a power that controll bitcoin price (Read 183 times)

legendary
Activity: 2702
Merit: 4002
August 20, 2018, 09:18:26 AM
#5
Until its reach 3000 USD, it will be going up again slowly, but the highest price will never reach 25000 USD for until years 2020.
How do you think about my stats own opinion?
What made you believe that number? And why exactly $ 3,000? Not 2000 or 4000.
Supply and demand are what makes Bitcoin rise to $ 19,000 and then return to $ 6,000. It is the willingness of people to pay for it "that determines the price."

$ 5800 is the lowest price for this year, which means that it is difficult to get bottoms less than it "under normal conditions."
The price is stable at $ 6500, but any negative news may reduce it below $ 5000 or $ 3000 at worst.
It's just expectations so give compelling reasons for your Speculation.
legendary
Activity: 3346
Merit: 3125
from zero bitcoin grow to the highest ever price 20000 usd per btc in december 2017, now 2018 bitcoin like controlled to be down the price again maybe until the price reach 3000 usd i don't know when it will be happen but i have a believe it will be happen, and until its reach 3000 usd it will going up again slowly but the highest price will never reach 25000 usd for untill years 2020.
how do you think about my thats own opinion?

Each one have their own opinion, i respect yours but i'm not agree at all. I don't think $25k will be the top, i think will be much than that. But i like the tittle of the thread, make me think about the big guys behind the price. And we all know bitcoin price is in china hands. If they want it high, then will bump, if they want it low then will crash, ad i know this because they are the main miners. And those ones who hold the coins are the ones who manage the markets.
newbie
Activity: 30
Merit: 0
from zero bitcoin grow to the highest ever price 20000 usd per btc in december 2017, now 2018 bitcoin like controlled to be down the price again maybe until the price reach 3000 usd i don't know when it will be happen but i have a believe it will be happen, and until its reach 3000 usd it will going up again slowly but the highest price will never reach 25000 usd for untill years 2020.
newbie
Activity: 112
Merit: 0

I don't think so.  If some "Power" can control the price to reach 3000 USD, why they don't just control it down to 1 USD, then control it again to reach 50000 USD or 1 Million USD?  So, it doesn't make sense.  If something controlled the price, it is called supply and demand.  
full member
Activity: 222
Merit: 100
from zero bitcoin grow to the highest ever price 20000 usd per btc in december 2017, now 2018 bitcoin like controlled to be down the price again maybe until the price reach 3000 usd i don't know when it will be happen but i have a believe it will be happen, and until its reach 3000 usd it will going up again slowly but the highest price will never reach 25000 usd for untill years 2020.
how do you think about my thats own opinion?
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