Bitcoin Forum

"BTC expected to be go down after December 11, there will be an event - "Chicago mercantile exchange" and BTC is pumping funds for that" is this news true guys?

Bitcoin is expected to go down
bitcoin will not go down and continue to grow stronger, in my opinion about $ 10000 and tomorrow :P :P :P

Bitcoin is in for a roller coaster ride this December. Experts are predicting $10000 before Christmas. Surely, it will go down at some point. But will definitely end 2017 on a high note.

 have many scenario about bitcoin on same sitaution every time have an event like the fork bitcoin slightly dump if this happen this is the right time to buy bitcoin as investment because stronly i believe after the event bitcoin price goes pumping more than the expectation.

At beginning of this year, Bitcoin was on 800$ and was already expected to go down. It will not happen for next years. The reason is, that companies, banks, governments and private persons are now aware of the advantages of cryptocurrencies, exspecially Bitcoin. We are just at beginning of its updrive.

I have been watching some "Telegram Groups" too where they are spreading some flying FUD that Bitcoin is going back to $1000 soon because all this (bubbly pump) happened to make Chinese investors shift their money and get people in Bitcoin's trust and once it reaches 10k, the whales will come out and start throwing it off on us. I know this is bullshit but we need to remain careful because we can't deny the fact that it has gained more than 900% in just a few months which is not something that can be taken for granted. I am not against the price rise, but I think it will rebound surely and get back to at least half of its price (ATH) but not in this year.

The price of bitcoin,like shares,fluctuates throughout the day and in the case of bitcoin also through the night. Bitcoin will fall and rise as it does daily but overall it will rise.

I too believe that a correction is imminent in the crypto market. But that's normal fluctuation. Everytime bitcoin hits a record high, it comes down for some time and then again take a higher leap. That's the dynamics of the bitcoin market and overall crypto market. The crypto market is riding high with the adoption news of Chicago mercantile exchange aka CME group and hence a lot of investors are investing in bitcoin to make some quick bucks. Once they will start selling out their holdings to book the profit, the market will come down a bit. However, we don't need to worry about that because after that bitcoin will take another leap to break its own "all time high" record. 

I'm really not looking for any reason for bitcoin's dumping sequence after the pumping. Very likely going to happen and you guys should be ready about that or I mean to say that all of us here should be aware that it can happen anytime soon. And what we need to do now is just keep an eye to the charts and if I were you, when people are greedy it's better to be contented and when things are opposite now that will be the buy backing time.

Just hold and watch, guys. We gonna be rich (Im talking about those luckers who has BTC in good quantity lol)

I think 10k is psychological boundary and we will see plateau for some time before going up again.

With every price rise i used to think like this,but the price kept on climbing to new boundaries and now with ten thousand dollars ,if you think,we might say it is a psychological barrier to break as we are touching the five figure value,but bitcoin is always unpredictable and we would see what will happen in a weeks time,whether we will see a correction or the price keeps on climbing.

There are some who say that is why bitcoin is pumping but I do not see the logic of it then falling because of that. If it is the reason for the pump it is because there is a new market and could bring lots more investment.

Whenever there's a hard fork happening then Bitcoin will be affected and suddenly dropped down a little bit and not really deep dive. But, as usual it will then pumped back to the sky. Bitcoin has never been laying straight for a long time since it was pumped late 2015 it never goes down until today.

Bring me with your dream! All of us will definitely going to be reach, I don't own a lot of bitcoin but I want it to hit $500,000 soon or with what they are calling 'moon'. Don't know the exact price for that moon but these downs are expected to come. No need to worry if you've been in bitcoin for several months up to a year or two. When that comes, just take the chance to buy a lot of it so when bitcoin's down is done you'll be rich and it's selling time.

Really hard to predict the market, crypto is always amazing me.

I don't it is a very good idea to create a derivative of BTC. I think this will get a lot of FUD, and confusion in non-crypto people that don't even know how BTC and a Blockchain works. Because when you trade future their will be no inscription in blockchain, so basically, you a trading just air, just a number. So I believe that the CME futures are not good for BTC because au the lack of knowledge about the Bitcoin. This will just be a gambling place!

You mean like now, just bigger gambling place? We agree

Futures can be a good thing though, for one they will insert a whole new class of competing whales to the current whale poo which can't be bad. Price manipulation will be harder to achieve because of bigger market cap, the variance will decrease significantly, too.

bitcoin price is increasing and its not pump dump.people investing more fund in bitcoin and thats why bitcoin price keep rising.yes we will some some correction too :)

Few month ago bitcoin was under 1000$. It's ok if it dumps even 2000$ now, it will increase again shortly.

I don't know true or not, but I think bitcoin will drop in price. Traders will fix profits.

It may go down temporarily, but it will boost up more sturdy. The past few years has proved this trend. Now it is still in its early adoption stage.

thought this might've been one of the contributing factors. there's no real backing to op's claim that i could find, and ive been hearing about all these telegram and other social media groups full of people who have absolutely no idea what they're talking about. the claims these people make are ridiculous first off, but im thinking its all just them spouting wishful thinking on their part as their 'expert predictions.' getting pretty annoying now that there's so much more of these posts going around now though.

and why would bitcoin have a psychological boundary? its fucking economics. stock prices dont just stop because people think it will, they shift according to how the company does and the general market trends. at least make your words coherent.

well actually its really hard to predict the BTC price of NEXT FEW MONTHS... right now.But i personally dont think that BTC won't claim up in that much hight in the short preiod of time  🙂 But you never know what will happen next in the world of crypto  😉

There are so many  theories about that. One states that it can become like so many crisis in early history ex. tulip crises, where it has risen too much when it was required to drop and in the end it blow up and investors lost money. On the contradiction there are rumors that state btc price is nothing compared what it will be in 2018.

I doubt that Bitcoin will go down on 11th December more than standard correction or price fluctuation. Bitcoin is heading to Wall Street on 18th of December 2017. This for sure will rise value. Price predictions that BTC will reach 14.000$ after new year make sense now, it's not far from 11.5K to 14.000 if we include that will be traded on Wall Steet.
https://www.bloomberg.com/news/articles/2017-12-01/bitcoin-futures-to-start-trading-as-regulators-rush-to-catch-up

From my point of views the price of bitcoin will not go down because now a days the the demand of bitcoin is countinously increases by the people so that the price of bitcoin is reguraly increases day by day. Now  the days people depend on bitcoin is more to full fill their need because bitcoin is a easy to earn the money so that people like the bitcoin more and more easily attract towards the bitcoin and the price of bitcoin is expected to increases in the future.