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Topic: Will Bitcoin ever get past $10K? - page 2. (Read 1168 times)

hero member
Activity: 2520
Merit: 783
June 06, 2020, 01:02:44 AM
#87
It just did.

The price decreased immediately so I don't know when will it happen. I think it would pump again the next few weeks I think it will not be that sudden like what happened when it crossed at $10K. It is been on the talks that a recession will happen so I think we should be ready and be aware of that too. We should make a good strategy to do something about it.

It appears that there is heavy price manipulation on the market. Maybe whales are preventing Bitcoin from holding its position in the $10k range? If this keeps up, it'll take quite a long time before we'll be able to experience new ATHs for Bitcoin. One thing for sure is that this third halving has been a lot more different than past halvings. It could be a result of the negative impact caused by COVID-19 on mainstream markets. A gradual recovery of the world’s economy could trigger a massive boost in Bitcoin's prices after the demise of the coronavirus disease worldwide.

Once Bitcoin maintains a price of $10k per coin, it could jump straight to $20k in no time. It would be best to focus on Bitcoin's utility than price, in order to avoid panic selling at any moment. By the next Bitcoin halving, it's expected that the pioneer cryptocurrency would've reached new ATHs. As long as people continue to buy Bitcoin more than what it's being sold, prices will always be on the "green side". Let's hope for a positive outcome of the entire crypto/Blockchain industry in the upcoming years. Just my thoughts Grin

I will be taking those thoughts accountable since that is more probable than what I said.

Countries are slowly shifting into normal after months of lockdowns and quarantines. Still, there are those people that are having a hard time. There are businesses that stopped and there are those that will continue, I think it would be some time before the recovery of the economy and that also means more time to wait for the ATH, still that is good though since I would continue using some of the Bitcoins I have.

Provably we will see that and also not but for having these incident happening in the world I doubt we can see a close to the ATH, maybe their will be coming  for 5 digits price but that would be temporarily happening so best for these days is to secure the profit we can get since all development regarding on bitcoins is so questionable right now. Economic recover takes time and it doesn't mean it will take effect on bitcoins to.
hero member
Activity: 1722
Merit: 528
June 05, 2020, 10:28:40 PM
#86
It just did.

The price decreased immediately so I don't know when will it happen. I think it would pump again the next few weeks I think it will not be that sudden like what happened when it crossed at $10K. It is been on the talks that a recession will happen so I think we should be ready and be aware of that too. We should make a good strategy to do something about it.

It appears that there is heavy price manipulation on the market. Maybe whales are preventing Bitcoin from holding its position in the $10k range? If this keeps up, it'll take quite a long time before we'll be able to experience new ATHs for Bitcoin. One thing for sure is that this third halving has been a lot more different than past halvings. It could be a result of the negative impact caused by COVID-19 on mainstream markets. A gradual recovery of the world’s economy could trigger a massive boost in Bitcoin's prices after the demise of the coronavirus disease worldwide.

Once Bitcoin maintains a price of $10k per coin, it could jump straight to $20k in no time. It would be best to focus on Bitcoin's utility than price, in order to avoid panic selling at any moment. By the next Bitcoin halving, it's expected that the pioneer cryptocurrency would've reached new ATHs. As long as people continue to buy Bitcoin more than what it's being sold, prices will always be on the "green side". Let's hope for a positive outcome of the entire crypto/Blockchain industry in the upcoming years. Just my thoughts Grin

I will be taking those thoughts accountable since that is more probable than what I said.

Countries are slowly shifting into normal after months of lockdowns and quarantines. Still, there are those people that are having a hard time. There are businesses that stopped and there are those that will continue, I think it would be some time before the recovery of the economy and that also means more time to wait for the ATH, still that is good though since I would continue using some of the Bitcoins I have.
legendary
Activity: 3220
Merit: 1363
www.Crypto.Games: Multiple coins, multiple games
June 05, 2020, 08:29:13 PM
#85
It just did.

The price decreased immediately so I don't know when will it happen. I think it would pump again the next few weeks I think it will not be that sudden like what happened when it crossed at $10K. It is been on the talks that a recession will happen so I think we should be ready and be aware of that too. We should make a good strategy to do something about it.

It appears that there is heavy price manipulation on the market. Maybe whales are preventing Bitcoin from holding its position in the $10k range? If this keeps up, it'll take quite a long time before we'll be able to experience new ATHs for Bitcoin. One thing for sure is that this third halving has been a lot more different than past halvings. It could be a result of the negative impact caused by COVID-19 on mainstream markets. A gradual recovery of the world’s economy could trigger a massive boost in Bitcoin's prices after the demise of the coronavirus disease worldwide.

Once Bitcoin maintains a price of $10k per coin, it could jump straight to $20k in no time. It would be best to focus on Bitcoin's utility than price, in order to avoid panic selling at any moment. By the next Bitcoin halving, it's expected that the pioneer cryptocurrency would've reached new ATHs. As long as people continue to buy Bitcoin more than what it's being sold, prices will always be on the "green side". Let's hope for a positive outcome of the entire crypto/Blockchain industry in the upcoming years. Just my thoughts Grin
legendary
Activity: 2912
Merit: 1068
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June 05, 2020, 01:01:06 PM
#84
To get past 10k it will definitely happen, in fact it has been achieved several times even though it finally collapsed again and also, halving bitcoin cannot be used as a trigger for prices to rise significantly quickly because even to reach all time high it takes more time after halving occurs. Prices continue to go up and down and of course to predict it correctly is difficult to do, but whatever happens at least the increase is definitely there and will definitely happen someday.

I don't think that the right question is if Bitcoins will cross 10000$ but if it will stay there.
Actually that did happen few days ago but that pump was very short and price pulled back very quickly. So, actualy the problem is that Bitcoin price can't break that barrier and grow further but always gets back again soon after the rise.
Of course that increase will happen, it always does because volatility goes in both ways but is there a strength to keep that direction.
legendary
Activity: 3486
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June 05, 2020, 11:41:52 AM
#83
To get past 10k it will definitely happen, in fact it has been achieved several times even though it finally collapsed again and also, halving bitcoin cannot be used as a trigger for prices to rise significantly quickly because even to reach all time high it takes more time after halving occurs. Prices continue to go up and down and of course to predict it correctly is difficult to do, but whatever happens at least the increase is definitely there and will definitely happen someday.
hero member
Activity: 881
Merit: 500
CyberTrade
June 05, 2020, 11:19:57 AM
#82
The price of Bitcoin is always fluctuating and it is very difficult to say whether the price will go up or down so when we use Bitcoin we have to wait patiently Bitcoin prices take a long time to rise. Bitcoin pumps a lot once every three to four years. You have to work with faith Bitcoin has moved closer to 10 10k However, the price of Bitcoin is likely to exceed K 10K by the end of this year So we have to wait until we get to the next level.
The price of bitcoin already passed $10k this week but it was short lived and again it went below 10kUSD. There is a lot of resistance whenever the price crosses $10k and after a short interval it goes bearish and many a times we have seen it fall below the price from which it started climbing up. As a matter of fact a couple of days ago when the price reached 10K USD then after some time the exchange coinbase went down and also there was some technical issues with bitmex and the price suddenly crashed below $9k but settled at $9500. In these cases always p2p or decentralized exchanges are well suited as there are no central servers so there won't be any downtime and no inconvenience will be caused to its users.
sr. member
Activity: 1204
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June 05, 2020, 02:22:23 AM
#81
The price of Bitcoin is always fluctuating and it is very difficult to say whether the price will go up or down so when we use Bitcoin we have to wait patiently Bitcoin prices take a long time to rise. Bitcoin pumps a lot once every three to four years. You have to work with faith Bitcoin has moved closer to 10 10k However, the price of Bitcoin is likely to exceed K 10K by the end of this year So we have to wait until we get to the next level.
hero member
Activity: 2730
Merit: 632
June 04, 2020, 05:06:42 PM
#80
I thought today in this thread there will be more comments  Grin
The price has reached 10k two times - both bottom and top. In general, such a movement is very similar to a game against traders using margin trading. Apparently soon we should see a really big movement (I do not presume to predict in which direction).
in fact, I think a little bit that the price of bitcoin won't last long above the current $ 10k price. maybe it takes time. well, yesterday, the price of bitcoin exceeded that price, and the price suddenly returned to the initial level. it seems like many people are targeting to sell their assets at that level.

This is one of the main problems of the ecosystem - most participants only want to sell their bitcoins for a dollar at a profit. The rest does not interest them. Obviously, in such conditions, the bitcoin volatility will not decrease and I think this is a negative factor for serious development.
Most people that buys bitcoin only waits for bitcoin's price to get past $10K, so they could sell their bitcoins for fiat that there onky interest is really to get profit, not to use bitcoin as a currency or other interest. That is why it takes long for bitcoin to increase because people immediately sell out their bitcoins.

You cant please everyone and we know that majority would really aim for profits which is just normal even myself would really have that target in mind which is to make profits and at the same time i do believe on bitcoin tech and potential.Why would choose one ? if you can utilize its volatility to make profits? It might sound too harsh but this is what the reality we are taking on. There would be sellers and buyers which are the main
components of a market and sell-off on a particular level or price point is no surprise.What we need here is a constant or increasing demand but we know that this cant be achieved overnight.
member
Activity: 1120
Merit: 68
June 03, 2020, 11:19:54 PM
#79
I thought today in this thread there will be more comments  Grin
The price has reached 10k two times - both bottom and top. In general, such a movement is very similar to a game against traders using margin trading. Apparently soon we should see a really big movement (I do not presume to predict in which direction).
in fact, I think a little bit that the price of bitcoin won't last long above the current $ 10k price. maybe it takes time. well, yesterday, the price of bitcoin exceeded that price, and the price suddenly returned to the initial level. it seems like many people are targeting to sell their assets at that level.

This is one of the main problems of the ecosystem - most participants only want to sell their bitcoins for a dollar at a profit. The rest does not interest them. Obviously, in such conditions, the bitcoin volatility will not decrease and I think this is a negative factor for serious development.
Most people that buys bitcoin only waits for bitcoin's price to get past $10K, so they could sell their bitcoins for fiat that there onky interest is really to get profit, not to use bitcoin as a currency or other interest. That is why it takes long for bitcoin to increase because people immediately sell out their bitcoins.
legendary
Activity: 2478
Merit: 1951
Leading Crypto Sports Betting & Casino Platform
June 03, 2020, 05:24:51 PM
#78
I thought today in this thread there will be more comments  Grin
The price has reached 10k two times - both bottom and top. In general, such a movement is very similar to a game against traders using margin trading. Apparently soon we should see a really big movement (I do not presume to predict in which direction).
in fact, I think a little bit that the price of bitcoin won't last long above the current $ 10k price. maybe it takes time. well, yesterday, the price of bitcoin exceeded that price, and the price suddenly returned to the initial level. it seems like many people are targeting to sell their assets at that level.

This is one of the main problems of the ecosystem - most participants only want to sell their bitcoins for a dollar at a profit. The rest does not interest them. Obviously, in such conditions, the bitcoin volatility will not decrease and I think this is a negative factor for serious development.
legendary
Activity: 2338
Merit: 1124
June 03, 2020, 04:18:35 PM
#77
People are talking about last halving like we are nowhere near the same levels. We are talking about from cents to dollars to hundreds of dollars there, which is not a big deal at all because market cap is literally 1/100th of right now and even lower, there is a point where its 1/10000th of the current stage on early days, which means its not really the same thing anymore.

Back then the whole market cap could have been 2 billion at most, right now we have seen 2 billion movements from bitcoin all around on a regular day up and down, which is why people fail to realize that not the same thing could happen. Of course, it could go up, that is simple because honestly there will be less coins sold every single day, that has to count for something in the long term, but do not expect to go up like the old days.
hero member
Activity: 2926
Merit: 567
June 03, 2020, 07:33:01 AM
#76

looking at halving in the past bitcoin must take a year to move up and reach its peak. I hope just like colleagues above that it takes patience for that, there will be a moment when Bitcoin will break through $ 10K and will continue to move up slowly, but surely. when did the momentum occur? need time for that, right now bitcoin is only moving down and up in the range of $ 8K- $ 9K and it seems a bit heavy to break through $ 10K. but we believe that will happen.

Last 30 days and we are 8% profit, we are moving up we just need not be hurry if you bought two weeks ago that 8% profit is still big, it's not about the $10,000 level but small profit from your purchase in the bear market or when there is a dip, it's important that you buy when there is a dip in the market.
hero member
Activity: 1722
Merit: 528
June 03, 2020, 04:56:30 AM
#75
It just did.

The price decreased immediately so I don't know when will it happen. I think it would pump again the next few weeks I think it will not be that sudden like what happened when it crossed at $10K. It is been on the talks that a recession will happen so I think we should be ready and be aware of that too. We should make a good strategy to do something about it.
legendary
Activity: 2758
Merit: 1004
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June 03, 2020, 04:25:04 AM
#74
I thought today in this thread there will be more comments  Grin
The price has reached 10k two times - both bottom and top. In general, such a movement is very similar to a game against traders using margin trading. Apparently soon we should see a really big movement (I do not presume to predict in which direction).
in fact, I think a little bit that the price of bitcoin won't last long above the current $ 10k price. maybe it takes time. well, yesterday, the price of bitcoin exceeded that price, and the price suddenly returned to the initial level. it seems like many people are targeting to sell their assets at that level.
legendary
Activity: 2478
Merit: 1951
Leading Crypto Sports Betting & Casino Platform
June 02, 2020, 05:15:38 PM
#73
I thought today in this thread there will be more comments  Grin
The price has reached 10k two times - both bottom and top. In general, such a movement is very similar to a game against traders using margin trading. Apparently soon we should see a really big movement (I do not presume to predict in which direction).
legendary
Activity: 3220
Merit: 1363
www.Crypto.Games: Multiple coins, multiple games
June 02, 2020, 04:04:02 PM
#72
It has tried to move beyond the $10k price today, it failed but that shows a good sign. Do you know why? Because, in order to pass some prices you have to first try them, try to make them go higher and higher and if they fail they just fail but when they come back they have less to work on, less wall, smaller amount of sellers, less bitcoins to buy to go beyond.

This is why whenever price tries to go above a certain limit but fails, I find it amusing, because that "failin" meant to me that it will try once again and this time it is going to be simpler, hopefully going even beyond. If anyone wants to buy bitcoin, right now is the best time and put up 10% profit and put a sell order there, you are going to regret not doing it because when the price breaks over $9.6k levels, it is going to breakthrough and be over $10k as well, which means close to 10% profit to all holders.

Yesterday, prices got past the $10k mark. It took a little longer than expected, but at least, Bitcoin is back on track. Patience is key in order to obtain good results. Impatience will lead you to make wrong decisions that will make you regret them in the long term. Weak hands will always sell Bitcoin due to their lack of faith in crypto, while strong hands will buy and "hodl" no matter what. With Bitcoin's fluctuating prices on the market, it's possible to make some profit in the short term. Most people are focused on the price per coin, but not on the profit opportunities price volatility brings with it. Even if Bitcoin heads back to $7k per coin, anyone can buy at such levels to sell at a higher price. There's really no way to determine the true price of a Bitcoin.

If all goes well, I'd expect Bitcoin to reach a new ATH in a couple of years from now. It's best to focus on the pioneer cryptocurrency's developments instead of what the mainstream media says about it. Most negative reactions about Bitcoin on the mainstream media, has encouraged people to sell their coins on the market. As long as you focus on Bitcoin's utility, nothing else matters. One Bitcoin will always be equal to one Bitcoin no matter what. By using Bitcoin directly without depending on Fiat as a unit of account, the crypto economy would be a lot better than what it is right now. The future of Bitcoin looks bright as Fiat continues to be debased by mainstream governments. Just my opinion Smiley
hero member
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June 02, 2020, 01:26:19 PM
#71
It's already been past halving, yet prices continue to fluctuate between the $9k to $9.5k range. I've noticed that each time prices try to reach $10k, everything "falls out" immediately. Is this a result of price manipulation by whales? At this pace, it's hard to believe that Bitcoin will ever get past $10k. Even if it does get past $10k, reaching a new ATH in price could be quite challenging.

Since it's been only a week after Bitcoin's third halving, anything could happen in the future. Right now, we're in a level of uncertainty due to the COVID-19 pandemic. Maybe Bitcoin will be able to break out to new levels in price after all of this is over? Or will it continue to rise while Fiat goes down the drain? Whichever way Bitcoin goes forward in terms of price, many people will still support it. Fees are at an increasing rate, so we'll have to wait until everything goes back to normal (both in Bitcoin and the mainstream world) for prices to head all the way past $10k and beyond.

What are your thoughts? Do you think Bitcoin will ever get past $10k? Huh
It is obvious that at some point in the future bitcoin is going to go above 10,000, this is simply not the right time for it, just yesterday we saw a huge surge in the price of bitcoin that allow it to go above 10,000 but just a few hours later the price went back to where it started, there is simply no strength in the market for the price to reach those levels and maintain itself there, there are many reasons for this but the most obvious is that the pandemic has created an environment in which many people are not ready to take significant risks and instead they are preferring to keep cash on hand just in case things get even worse and that kind of environment is not precisely the best if you want to see significant growth in an asset like bitcoin.
hero member
Activity: 1106
Merit: 501
June 02, 2020, 10:38:11 AM
#70
There is some doubts since of the pandemic and there is a chance that bitcoin will somehow struggle this year but as far as the year goes bitcoin is doing well, therefore as long as it can maintain its current phase there should be no doubt that bitcoin would go for a all time high before this year ends.
legendary
Activity: 3178
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June 02, 2020, 08:08:16 AM
#69
at least the price of bitcoin is more stable between $ 9k- $ 9.5k, unlike before, which experiences a rapid dump. I'm sure if bitcoin will soon reach $ 10k. we just need a little patience
Your wishes became true and the price is above $10,000 in the previous 24h and until now. The main thing is to remain stable and avoid rush selling or else the price will not last that long in 5 digits!
hero member
Activity: 3052
Merit: 606
June 02, 2020, 06:21:10 AM
#68
at the moment, the price of $ 10k is not imagination. however, currently, the price is very close to the price of $ 10k, and even with just a little pump, the price will reach that level. for now, we just need to be patient and prepare a strategy when the price of bitcoin reaches that price. besides, I feel that the price of bitcoin can reach a higher price in the near future.

Bitcoin again reached at $10K level, we got some good pump today which I don't expect to happen.
As usual, bitcoin is being unpredictable but it's good to see that we break big resistance and we are trading at $10,000 now.

Per Binance, the 24hours high is $10,380, and it looks like bitcoin will stay at $10,000 for awhile., I'm observing the altcoins movement as well.



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