What is your Bitcoin "Normal" price??? - page 3.

mriansa

full member

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Quote from: Bitophile on February 17, 2018, 07:15:02 AM

Every one has a price in which they tend to buy Bitcoin. For me personally it is 12 K, if I see Bitcoin below that and have money I see it as a oppurtunity to buy. Though this is not backed by any research, this drives my strategy.

I thought if we could collect all such opinions, we could arrive at a price which everyone thinks as normal. Because if you think about it, all pur personal opinions of Bitcoin increase or decrease the price (Barring instance of manipulations by whales Angry

which we can't do anything about)

if you ask this try you see bitcoin price charts should be around that around $ 8000 price and now bitcoin prices are very craze, many new players are making bitcoin prices to be expensive and many old players who sell bitcoinnya because it bought it at the price before it was expensive this.

BlackPanda

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Quote from: Bitophile on February 17, 2018, 07:15:02 AM

Every one has a price in which they tend to buy Bitcoin. For me personally it is 12 K, if I see Bitcoin below that and have money I see it as a oppurtunity to buy. Though this is not backed by any research, this drives my strategy.

I thought if we could collect all such opinions, we could arrive at a price which everyone thinks as normal. Because if you think about it, all pur personal opinions of Bitcoin increase or decrease the price (Barring instance of manipulations by whales Angry

which we can't do anything about)

Bitcoin increase and decrease in price can not be controlled like what you say, there will never be a normal price because Bitcoin price is always changing every time because it is influenced by various aspects, one of them is the aspect of demand and also the market condition. The more people who believe in using Bitcoin, the more the price increases and when people's trust decreases, the price of Bitcoin will follow the decline. It is a characteristic that we can not get rid of, there is no prediction that can mention the accuracy of Bitcoin prices. All of us are the ones that determine the Bitcoin price, even when bitcoin costs 1 USD or 100,000 USD. Anything can happen because Bitcoin always shows its magic.

dothebeats

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Cashback 15%

Can't put a definite price on to something that's still young and growing day by day. But to give you how much I value bitcoin, at its current state, I'd say anywhere on our level right now is an acceptable and fair valuation. Wouldn't ask for much in the meantime since there are still lots of things that I think bitcoin is short of, that is a stimulated economy and a better scaling solution, which is up to now, quite debatable to say the least even with the recent decrease on tx fees and increased confirmation times. Anything lower is still acceptable, though quite surprising given the number of new money and huge investors buying in @ $6000 and above.

Gabb

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Taking into account the consistent way in which bitcoin performed throughout 2015 and 2016, the "normal" price of bitcoin at this time should not exceed $5,000. But given the current conditions of volatility and great speculation, it would not be strange that by the middle of this year we can see a price around $40,000, although I would be very happy if the price stayed around $10,000 for many years.

richardsNY

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Quote from: Bitophile on February 21, 2018, 06:15:39 PM

PS: The value always changes too. People might be wating for a drop to $50K to buy in the future (Fingers crossed...)

Today $10k might seem expensive to certain people, where tomorrow it might turn out to have been an absolute steal -- that's the nature of this market. I remember how I back in the days kept accumulating coins every week and month till the price reached $500. It's not that I didn't believe in the market anymore, but just the fact that for me personally, I had accumulated a decent number of coins already, so from that point I decided to just stick to holding. It perfectly demonstrates the different phases we have gone through in the last years, and will still go through, because I strongly believe that even at peak levels of nearly $20k, we still haven't seen even 10% of Bitcoin's ultimate potential price.

gentlemand

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Welt Am Draht

I don't have a buying price. I do have a spending price. Above $10,000 I'll happily spend on whatever junk I'm in the mood for. If it goes significantly below that then I'll hold off.

Will I bitterly regret this spending in the years to come? Unquestionably. But it's nowhere near as bad as spending in the $250 range. I have a bit of tat lying around from that area too but the majority is broken or chucked away. Still, I'm doing my bit for commerce.

Bonsaiav

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The "normal" bitcoin price is between $ 9,000 to $ 10.000, whereas the bitcoin speculative price for this year is only up to $ 22.000 - $ 27.000. Because, the support of some countries against bitcoin has dropped dramatically and they have published its own crypto.

hisuka

sr. member

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Quote from: colmenajose on February 17, 2018, 09:49:38 PM

It is difficult to estimate a normal price of a cryptocurrency that depends on the free play of supply and demand, and the reliability and ease of making payments. However, an increase in value can be expected, since each time it is corrected and therefore offers greater confidence to the market; consequently, generate more buyers of this currency and therefore greater value.

I choose above 15k because bitcoin possibly may reach to that price this year. That's true it is hard to speculate the price due to btc may swing fast to increase or going lower its value. All is possible to happen let's check the price what may hit this year.

Bitophile

newbie

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Quote from: dunfida on February 21, 2018, 06:37:27 PM

For sure most of us didnt expect for bitcoins price to dip even go lower as $6k usd per bitcoin this is why i do assume that the lower prices the better for each anyone of us.Price is way too volatile and pointing out a certain normal price range for you to buy would really be hard but if i do really have to choose i would go for 9-10k price which as of the recent price chart theres a strong support into that area.I do always go with the flow.

True. I feel the same way too. I thought during the dip (still think) that BTC below 10K$ is a steal. Just wanted to see how many people share my views, so I started this poll (Few of my friends thought BTC was going to go below 5K and stay there).

dunfida

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Quote from: Bitophile on February 17, 2018, 07:15:02 AM

Every one has a price in which they tend to buy Bitcoin. For me personally it is 12 K, if I see Bitcoin below that and have money I see it as a oppurtunity to buy. Though this is not backed by any research, this drives my strategy.

I thought if we could collect all such opinions, we could arrive at a price which everyone thinks as normal. Because if you think about it, all pur personal opinions of Bitcoin increase or decrease the price (Barring instance of manipulations by whales Angry

which we can't do anything about)

For sure most of us didnt expect for bitcoins price to dip even go lower as $6k usd per bitcoin this is why i do assume that the lower prices the better for each anyone of us.Price is way too volatile and pointing out a certain normal price range for you to buy would really be hard but if i do really have to choose i would go for 9-10k price which as of the recent price chart theres a strong support into that area.I do always go with the flow.

Bitophile

newbie

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Quote from: colmenajose on February 17, 2018, 09:49:38 PM

It is difficult to estimate a normal price of a cryptocurrency/.

I was trying to gauge what the users think there "normal" price is, because we make buying decisions based on that.

PS: The value always changes too. People might be wating for a drop to $50K to buy in the future (Fingers crossed...)

colmenajose

newbie

Activity: 278

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It is difficult to estimate a normal price of a cryptocurrency that depends on the free play of supply and demand, and the reliability and ease of making payments. However, an increase in value can be expected, since each time it is corrected and therefore offers greater confidence to the market; consequently, generate more buyers of this currency and therefore greater value.

Bitophile

newbie

Activity: 62

Merit: 0

Quote from: levvv on February 17, 2018, 12:17:05 PM

This is hard choice, because everyone has a different 'normal' price.
It depends on when did you have take a part into bitcoin community.
for me, it is around $9k.

The very reason I created this poll...

tyuner4

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At the current market situation, I feel that below $11,000 is a good buy. Bitcoin price is rising now, if it hit $15,000 by end of Feb, I will have to readjust my “buy” accordingly.

michael shikany

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The Experience Layer of the Decentralized Internet

I believe that the bitcoin now is still at a very low price, so i'm still very bullish on the bitcoin will have a further rise, and then I have bought at $6000 - $10000 a lot of bitcoin.

dustboy

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Quote from: Roukawa on February 17, 2018, 09:21:38 AM

My speculation is 5k usd for a normal price of bitcoin because I think bitcoin will not reach above 15k usd because it will always fall down when it will reach its peak.

Where have you been in the last few months? It was 20k already but it dropped down significantly last month, it is now start to rise again and I dont think it is impossible to be back at $20k or even more this year.
For me, normal price when it is suitable for me to buy is under 8k, means that when it get dumped under that price I will take the opportunity to buy as much as I can afford to lose.

levvv

member

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This is hard choice, because everyone has a different 'normal' price.
It depends on when did you have take a part into bitcoin community.
for me, it is around $9k.

BarrieBarrett

newbie

Activity: 32

Merit: 0

I see the price of bitcoin normal at $ 20,000. I hope bitcoin will reach it in the near future.

anggriani

sr. member

Activity: 630

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if we talk about the normal price, then everyone has a different perception. bitcoin will be stable and move only in the range of 10k - 12k until the end of Q2 later. i predict in the Q3 bitcoin will move up and skyrocket, price 20k - 25k is quite feasible at the end of this year.

Roukawa

member

Activity: 546

Merit: 10

My speculation is 5k usd for a normal price of bitcoin because I think bitcoin will not reach above 15k usd because it will always fall down when it will reach its peak.

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