Bitcoin Forum

If you are looking for corrections/big crash to get into bitcoin in more volume, probably you may face only disappointment and regrets. Because scalability issue just found a solution but implementation might need another six months, giving enough room for traders to push bitcoin skyrocketing.

If moon is $10,000 in your definition, we are going to land there within 2017  ;)

No, market will fool weak hands with bags full of Bitcoins to dump their coins, it will drop down suddenly to make them feel it's a crash and they will start to dump.

That is how market maintains the balance and ensures a fair distribution, I've seen people were holding thousands of coins but just with a %15 drop they dumped more than %40 of their stash.

We might as well wake up to the truth which is the agreement and the solved problem, people start cashing out to fiat to take the profit while they can.

And next thing you know is a correction back to sub $1400 or I'm wrong and we'll definitely go up only, I regret that I didn't have cash ready when price was still under $1800. :(

I feel like something is not right. Far too much money is pumped now suddenly into cryptocurrencies.
OK, there's a lot of expectation about Bitcoin, but there are a lot of altcoins too, some of which would not deserve a penny, and they still get pumped.

I fear that a correction may happen and many will cry. Our expectations may be unrealistically big. I hope I'm wrong and the path to 10k will be smooth. I really hope that..

Looking the regular price increase people have started to panic about the situation. But in my view, when it has got the potential to pump this high surely it'll retain to the price even a steep fall takes place. So nothing to panic, just hold and trust the expertise views in a positive manner that it has got higher value to be reached in a short time period of 3-5years.

confirmed.

personally, I hope its bumpy as fuck  ;D

I believe $10k is a cashing point for many so it will be a hard barrier.
10k in 2017 is a bit of a stretch but I hope it happens.
100k in 2018 and I'm retiring :P

To 10k it's still a very long way. I also believe there are some barrier points where we could see huge resistence. 5k for instance is a nice round number as well where people will take profits in a bigger scale. The thing is in times like the current ones you need to stay cool and keep your emotions under control. The higher we go the more crazy reactions from one minute to the next one we are going to see.

I don't want to expect too much specially I don't want to speculate that Bitcoin will reach $10,000 USD, there's always a catch for all this but for now enjoy your profits and if it indeed reached $10,000 USD without any troubles then good, still holding on to anything that I have now and not willing to sell until im comfortable and feel that we have reached a certain level that we can call it the new floor price of Bitcoin.

It will be long long journey going up to 10,000$.but the good news is bitcoin will go down below 1500$,until it reach the target price of 10,000$. Maybe its a 3 year journey.

:) this is the main difference between a trader and a HODLer.
You'll gain from bumps and FUD, I'll sleep better if that doesn't happen. :)

A correction has been imminent for quite a while now. If a correction kicks in, which is perfectly normal considering how quick the price went up in a matter of weeks, it will allow the market to calm down for a moment. Currently people are blindly panic buying just to get hold of a coin or two (or more of course) - it can't continue like this endlessly. Important for people to understand, is the risk that comes with buying at current levels. As easily as the price may go up like $500 from current levels, it may go down with that much as well.

Lol 3 years? Not possible... if not this year then it will happen next year...
Now btc is out of control. Too many good signs and news. Too many new countries are accepting it. Japan is centre point of it. Only good news are coming. No way to dump.

I think that the price hike will be vertical and we were predicting that the price of bitcoins would be more than 2000$ by the end of this year,but it has achieved it within a week .On the other hand,it might so happen that the price of bitcoins would be more than 10000$ by the end of this year.