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Topic: What happened to this 'easy 10k'? (Read 2249 times)

member
Activity: 616
Merit: 30
September 26, 2018, 05:57:25 AM
Just wondering guys, you were all so confident we were in a strong bull market and would break 10k easily, looks like the opposite is becoming a reality and we're heading straight back to new lows.

In cryptosystem prices are normal to go pump and dump because this is a volatile world and the value is normally changing but predictions are only basis of believe and trust but never take it seriously but i am hoping that price will break 10k$ again as last quarter is nearly there and yet theres no indication that the bottom has already reached
legendary
Activity: 2492
Merit: 1001
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September 26, 2018, 04:16:32 AM
I think this is just a very normal move, the whales who have a lot of capital trying to make prices rise for a while and finally there will be many people who come to buy bitcoin and after that the whales who has a lot of capital again makes the price of bitcoin collapse by selling all bitcoin owned.
You're right, this is a spin like a wheel. sometimes bitcoin is really very difficult to go up, and it's so easy to go down, but someday, it will be the opposite. well, now all crypto users are waiting for the rotation.
full member
Activity: 1190
Merit: 212
★Bitvest.io★ Play Plinko or Invest!
September 26, 2018, 03:58:58 AM
I think this is just a very normal move, the whales who have a lot of capital trying to make prices rise for a while and finally there will be many people who come to buy bitcoin and after that the whales who has a lot of capital again makes the price of bitcoin collapse by selling all bitcoin owned.
full member
Activity: 470
Merit: 102
September 26, 2018, 12:17:11 AM
at this time the price of bitcoin collapsed again and it may be very difficult to return to the expensive price again and maybe when the price goes up to the price of $ 10k it is very easy and becomes the last pump this year and the price will not be able to return to expensive again.
member
Activity: 392
Merit: 10
September 25, 2018, 11:21:32 PM
for now it looks like the condition of bitcoin prices has dropped again and the price is cheap again and to buy back to the price of $ 10k maybe it's because of good news that makes investors confident
member
Activity: 322
Merit: 10
╔►[FILIPINO Translator]◄╝
September 20, 2018, 07:58:53 AM
So be it and let the time tell how bitcoin will look like before this year ends. If it reached 10,000$ before this year ends, there will be a big possibility that what happened to bitcoin last december will also happen this year. So i don't really mind if bitcoin will reach 10,000$ or not this year because i am happily holding my bitcoin until the next few years.
hero member
Activity: 1022
Merit: 538
September 20, 2018, 02:48:09 AM
Many people are too ambitious with the news unclear about the truth, we see that the reality is that reaching $ 8,000 is very difficult, moreover, $ 10k is not very easy to reach the end of this year, and the price is now stuck in silence at $ 6500 whether this will last until ahead, I still think for that

yes, I agree with you partly, but you forgot about the volatility of this market, sometimes one good news is made and the price can suddenly rise couple times.
Well, there has been a lot of good news lately and I have not really seen much of a movement in price due to that. Yes, sometimes, news can be related to the movement of the market, but it also has a lot to do with the condition of the market at that particular point in time. During bear markets, bad news tends to make impact faster, and during bull trends, good news tend to make impact faster as well. There is nothing easy when it comes to movement of a market as it takes time.

It will not immediately surpass the value of $10k because we are in the bear market, just keep on holding your coins and have more patience in order to avoid selling at the lowest price.
One thing a lot of people do not understand is that market takes time to develop and it is not like the market will just start moving up instantly and nonstop. As long as you can have the patience, buy the dips and wait for it, you will have no problem and that depends on whether the trend at the moment permits it. People who sell at lower prices than what they bought are usually the ones who expect so much from the market in the short term.
legendary
Activity: 2534
Merit: 1338
September 19, 2018, 12:12:46 PM
People made a mistake in their predictions, it is as simple as that, of all the predictions that I see in the forum every day regarding the future price of bitcoin I will say that probably 99% of them are wrong, and it is completely understandable because the market is very volatile and it is almost impossible to predict, so it is better for you and for everyone to get used to this fact before you lose money trying to follow the predictions of someone else.
member
Activity: 262
Merit: 10
September 19, 2018, 02:51:28 AM
That's how unpredictable cryptocurrencies can be so even those positive analysis and predictions made by experts can sometimes go wrong. In other words, we are not prophets here so i think it's better to hope than to predict the future of crypto because wrong predictions can disappoint us.
  Exactly, speculating can disappoint individually because we are not superhumans that can contour the situations. We are only humans who are hoping for the bull run to appear. But sometimes predicting on future has a huge of help to engage and motivate some investor not to lose hope and keep waiting for the bull run.
full member
Activity: 434
Merit: 100
September 18, 2018, 11:11:16 PM
That's how unpredictable cryptocurrencies can be so even those positive analysis and predictions made by experts can sometimes go wrong. In other words, we are not prophets here so i think it's better to hope than to predict the future of crypto because wrong predictions can disappoint us.
full member
Activity: 378
Merit: 100
I LOVE ADABS
September 18, 2018, 02:17:21 AM
Just wondering guys, you were all so confident we were in a strong bull market and would break 10k easily, looks like the opposite is becoming a reality and we're heading straight back to new lows.

It will not immediately surpass the value of $10k because we are in the bear market, just keep on holding your coins and have more patience in order to avoid selling at the lowest price.
legendary
Activity: 3514
Merit: 1548
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September 17, 2018, 08:23:16 AM
Many people are too ambitious with the news unclear about the truth, we see that the reality is that reaching $ 8,000 is very difficult, moreover, $ 10k is not very easy to reach the end of this year, and the price is now stuck in silence at $ 6500 whether this will last until ahead, I still think for that

yes, I agree with you partly, but you forgot about the volatility of this market, sometimes one good news is made and the price can suddenly rise couple times.
hero member
Activity: 966
Merit: 517
September 15, 2018, 07:23:13 AM
The price of bitcoin strongly stick at the range of $6000 to $6500 for almost couple of weeks other than there was a few day bump to $8500 due to ETF speculations but now the market looks constant with accepted price swings everyday so for now this is organic growth of bitcoin so let that to recover on it own.
Bitcoin is slowly growing on its own, no more hype for now but as soon as people create Fake news about ETF again, for sure the price is either to dump or to pump higher. $10k will still possible even we hit the bottom, more months to go and I believe people will come in here again.
It is more like saying certainly higher percentage of people here are not here for the long term and they just want it to be like the long term should come in a very small space of time. This is one of the reasons why the market has become highly speculative in nature with a lot of people being high spirited for the unimportant reasons.

Easy $10k would come at its own time, the best is just to be patient for it, and focus more on the long term than letting your emotion be driven by the market noises in the short term
sr. member
Activity: 686
Merit: 277
September 15, 2018, 07:15:27 AM
Just wondering guys, you were all so confident we were in a strong bull market and would break 10k easily, looks like the opposite is becoming a reality and we're heading straight back to new lows.

The price of cryptocurrency can actually grow up to $10k dollars and that what they are referring fro easy $10k so keep on investing today while the price is still low.
High level of optimism most especially in a bear market is not the best way to go most of the time. So many people have always imagined a quick pump of the price in a short amount of time so as to be able to make substantial profit and this is the reason why they get quickly frustrated when the market tend to move in the opposite direction instead of what they anticipated for.

Shit happens, the best is just to deal with it but even though bitcoin does not get to hit $10k now, that does not mean at some point, with some level of patient, it won't.
legendary
Activity: 1442
Merit: 1025
September 15, 2018, 02:34:21 AM
only 70 percent ? what about the other 30 percent?  imo , bitcoin and other cryptos are not predicdable ( 100 % ) because they can still be manipulated by whales .  wrong prediction isnt also the main problem here because prediction are unreal  , we cant just totally depend on them .  @op there no such thing as easy on here  because 10k is already  a huge amount of money , so it isnt actually easy to reach it by just a short time span .
I wonder what is being meant in the first place by 70% being predictable or not. This is a market, nothing is predictable and the market can go to any direction contrary to what your analysis tells you and all we do is to just use these tools available to us to take certain market decisions but if it works every time as planned, there won’t be a need for stop loss. Nothing is easy just as you have said, and price movement takes time and it is a gradual thing. It is just more like you trying to find a direction, which is exactly what the market is doing.

Good news doesn't have so much reaction and it can't help somehow but it still influences.
We went through lows and dips, this can start and help reach $10,000 again.
But for now, its quite far through we're going $7,000 and everything is possible.
Well, I guess at this point in time, we may just have to find out if we are going to be able to break past this $7000 or we are going to end up breezing back down as the case may be. There is absolutely no easy way of the market hitting a certain amount, unless of course there is just one crazy news that brings about a very huge demand in the market, and every resistance and sell walls are being squashed with everyone trying to lay their hands on the little they still can, but we all know this can only happen that easy in dreams.
sr. member
Activity: 994
Merit: 256
September 14, 2018, 02:55:08 PM
its tough moment for us to admit that most of cryptocurrency price are falling so deep and market is so bored. probably we can find another number of investors starts to confuse to wait until the bull comes. i dont really know what exactly the reason why are this bear market are very serious and caused many crypto enthusiast get panic. still patience are needed for such market situation? i cant wait to see how are market situation in the end of 2018.
Do not wait for future price and do not think even because the it is impossible to get your predicted value as compared to actual value you will always get uncertain value so this is not important but the important thing is your instant benefit. It does not matter if the price is not touching the 10k dollar price but we should take care of our coins and hold it for your profit.
10k US dollar price is not hard to achieve and is possible even today if we leave selling in low market for small profit or outcome. This does not make the value of Bitcoin to increase and follow the bullish trend and conversely to our actions we expect the bullish market is totally out of mind. The current price is 6500 US dollar and this is improved value from yesterday it has increased and we want further improvement so 10k dollar value is not far to achieve.
hero member
Activity: 2324
Merit: 513
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September 14, 2018, 02:28:51 AM
maybe it's because of good news that makes investors confident to buy so it's very easy to go back to the $ 10k price, but for now it looks like the condition of bitcoin prices has fallen again and the price is cheap again.
Good news doesn't have so much reaction and it can't help somehow but it still influences.
We went through lows and dips, this can start and help reach $10,000 again.
But for now, its quite far through we're going $7,000 and everything is possible.
full member
Activity: 756
Merit: 102
September 14, 2018, 12:46:40 AM
Just wondering guys, you were all so confident we were in a strong bull market and would break 10k easily, looks like the opposite is becoming a reality and we're heading straight back to new lows.

Welcome to the world of volatile assets. Everybody can make their predictions in favor of bitcoin's price hike but bitcoin can go on reverse anytime as its market price movement is unpredictable. Too much expectation for a price hike will just lead to frustrations towards cryptocurrencies.
Yes, Bitcoin is volatile in price but 70% of it price movement can still be predictable if apply both the fundamental and technical analysis in finalising the result. However, the main problem causing wrong prediction is people optimistism and wrong information posted in other to move investor into the market but there's time and season for every thing.

only 70 percent ? what about the other 30 percent?  imo , bitcoin and other cryptos are not predicdable ( 100 % ) because they can still be manipulated by whales .  wrong prediction isnt also the main problem here because prediction are unreal  , we cant just totally depend on them .  @op there no such thing as easy on here  because 10k is already  a huge amount of money , so it isnt actually easy to reach it by just a short time span .
full member
Activity: 504
Merit: 106
September 13, 2018, 11:57:02 PM
its tough moment for us to admit that most of cryptocurrency price are falling so deep and market is so bored. probably we can find another number of investors starts to confuse to wait until the bull comes. i dont really know what exactly the reason why are this bear market are very serious and caused many crypto enthusiast get panic. still patience are needed for such market situation? i cant wait to see how are market situation in the end of 2018.
Do not wait for future price and do not think even because the it is impossible to get your predicted value as compared to actual value you will always get uncertain value so this is not important but the important thing is your instant benefit. It does not matter if the price is not touching the 10k dollar price but we should take care of our coins and hold it for your profit.
legendary
Activity: 3654
Merit: 1165
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September 12, 2018, 07:50:43 AM
Just wondering guys, you were all so confident we were in a strong bull market and would break 10k easily, looks like the opposite is becoming a reality and we're heading straight back to new lows.
It is still quite there. $10K is not that huge of an accomplishment. The thing you need to learn about bitcoin is that people do not aim for 10k when they are at $6k, they aim $25k. Bitcoin doesn't go up from $6k to $10k, it either goes up to $7k and goes back slight movements to up and down, or it goes to $25k to $30k and all that. Either its small that $10k won't be seen or its too much that $10k would look small.

Hence, if a bull run comes and everything goes up than you can be sure that $10k will be easy, remember those times during $20k run, the prices of 11-12-13 all went by so fast that we were barely making a funny post on reddit and an hour later the price went higher.
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