Bitcoin Forum

BTC @100k USD newYear '19
For sure! or not?

IMO we have two possible scenarios. Nothing in between and only those scenarios.

1. btc will see second huge pump (as '14) and after wait for mass adapotion
2. btc already seen main bubble for this time and we have further bear for 1-2 years until mass adoption?


What do you reckon?
Shall we jsut take profits and leave now even if we lost 80% of gains but still in profit. Or shall we wait and risk to loose all?


Maybe you have an idea how it will play out.

I do not trust this market situation. It seems as big players are loading up and small players leave. if this happens cryptocurrency will not be ruled by the people but the banks again.

FUCK!

Depends of you because people do have certain level of risk when it comes to investment and this would also matter on how you do trust up crypto.
I cant deny this thing where big players would always have the edge but doesn't mean even you are a small player you can able to cope up with them.It would just matter to be wise on how the market moves.

We can't comprehend while its too early to say that we will see $100,000 by 2019.
This is for you to decide. I don't hold your funds but if I'm 80% at lost I will never get out. It is not taking profit if you lost 80% that is cutting your lost before it goes 100%.

I believe that the market is going to go up to new ATH, some day... it may be this year or in 2 years, nobody knows. so my strategy is not to sell now, at loss. I will hold until bull market comes again, even if it means waiting for years. In my case, I don't feel under pressure, as I am not missing funds I invested into crypto. I only invested what I was ok to risk. If I sold now, I would be in red big time, but you cannot lose if you don't sell, right?

anyway, just my opinion  ;)

We don’t know who the whales are but its possible that huge amount of bitcoin are owned by big companies. Well, I don’t need to panic because I trust this market and I am willing to take the risk. The answer on your question will depend on you, if you feel not comfortable about this market now, better to leave.

i will wait until this end off year, i have positif think about crypto if ETF decision in this end of september bring new fresh money to market, holding some cheap token/coin like pundi x, storiqa and tron if you have less money and sell in november or december.

I do not like that crypto is regulated by someone, a regulator, a bank or even a great country, because all of that is against the purely crypto goal. Indeed the market situation is difficult, user confidence decreases and many problems occur. Maybe btc will rise at the end of the year or new year, but the increase is not high and low under ATH yesterday.

Your view is correct, but whales always know what to do in the Crypto market. You should know that this market is driven by sharks and most of them are whale capital. So they know when to make the price of the altcoins go up. You should trust the Blockchain technology because in the future it will apply in many things. And the price of the altcoins will rise dramatically! ;D

I completely agree with you. The current situation in the crypto-currency market is very depressing and with such a prospect, the crypto-currencies have a bad future.

indeed, if etf is agreed, surely the price of all altcoins including bitcoin will go to the moon,
and bitcoin should not need it to go up

Too much money invested in Bitcoin for now. And those big daddys woun't concede to fall BTC. I think it will grow in next few years.

And you still hope for the ETF to get approve? I suggest, don't as you're just having this false hope after all.


Man, be realistic nor idealistic. We're just in $6500 and bitcoin is having its hard time to recover and even surpassing $10k is hard. So, your $100k is too absurd and you should be waking up now.


This is a win or lose situation for everyone and for me there's no turning back.
The market had been fucked by many times but still rocks!   8)

The funny think I found in this space is that, they are always looking for people to tell them what to do which is against what Crypto stands for they expect to invest today and have 10X return tomorrow, that is gambling. A good investor would see this period as a time to accumulate especially those with low tokens. 

I think this battle for the independence of cryptocurrencies will not be wined by banks. Because I trust in the big players who will not let us down.

Crypto doesn't need massive adoption to see another bull run. Think about the last one, why did it happen? Mostly demand and speculation, there weren't really good news around to push the price, the price was being pushed by people buying at any price, something like that can happen again easily, it might not but it certainly can. The only thing we need is a little push to break the downtrend, it might be in the form of good news or something else but if we get that, another bull run will surely come.

Yes, if you lose up to 80% I don't care because it's a personal mistake with a very wrong step and not a market mistake, this condition is like a test for certain people who want to survive and he will win, and don't worry the value will go up not always down and sad, people are still talking about this but they are waiting for the right time to invest, I believe over time, mass adoption increases by itself without realizing that its value increases significantly, it all depends on you personally, because I only think of my own success.

Crypto can not be ruled by anyone. Even if there are large whales holding multiple coins it does not mean they control bitcoin, maybe only its price. You can still use bitcoin for its intended purpose which is as a currency and not as an investment.

And it was supposed to be the other way around. I remember when the big drop from $20k to $10k happened, people were saying that it's a good thing, because the whales will probably not risk it and get their investments our, while individual investors will be able to profit and get fair stakes. Perhaps now the whales have the great opportunity to buy the coins and we as crypto members have to support our market by at least not giving them our shares if not aquire some more. But don't worry, even if bitcoin will mainly be managed by whales, there are still endless other crypto opportunities, so decentralization is bound to win anyway if people really show interest in such an outcome.

yes it has indeed become the universal law if the strong are in power but not close the possibility that the small cannot become big and the big one can also die at any time. no one person can dominate the world or anything in absolute terms because this universe has run its law, and crypto is part of the universe

There are no reasons for retreating. Most traders spent a lot of time and energy on training and practice. We can not give up friends  :-*

The fact is that each of the users of crypto-currency brings its share in the development of this sphere of life. Already today we can say that the community is fairly solid and development will continue even more rapidly.

Cryptocurrencies can be ruled by the people whoever have the best trust and faith on it. Others will be fall down for sure many times I have noticed that traders and newbie investors being panic and sell it.
But the fact they can make money and loose that opportunity. May be in some months bull run starts and it will show its power harder here.

I do agree with you as crypto is massively manipulated by big investors, i think there is still need for massive volume in crypto markets and also i think we should not sell our precious btc or eth to whales as a result of panic or discouraging market, bull run is just starting and we should take good profit.

Well it's up to the people if they leave in crypto because whales manipulation in crypto market. If you really a true crypto user you know how to take the risk even we experience a bear market and whales always there to manipulate the market.

I certainly really want that bitcoin would cost much more, but I objectively look at the price. This year there will be no strong growth. Although it all depends on us, on investors. If suddenly there are such rich investors who are willing to buy bitcoins in large quantities, then the price will grow. And while opinion is mixed.

You don't have to be a big player to survive this situation. Everything depends on you. If you really believe in cryptocurrency, then you should have no doubt about whether you are doing everything right. I suggest you don't think about the bad and just keep holding your coins.

since when a rat can rule the jungle ?
we are living in a reality and people who has a lot of power behind them can do everything that they want to do.
just like a LION,
so get your fact here,Cryptocurrency was not created for you to make a profit but instead it tried to help you out in term of your privacy,transaction and freedom.

I believe that the market will rise, one day I will survive until the bull market comes again, even though that means waiting for years. If I sell now, I will be in big red, but you can't lose if you don't sell, right?
and I don't like crypto being regulated by someone, a regulator, a bank or even a big country, all of that is against the purpose of pure crypto.

Bankers are manipulating the crypto market to buy cheap before they go up a lot. If you are holding lots of crypto, just hold and wait till the new bull market. If you are a risk taker, you can even put in a portion of your monthly salary and buy bitcoin. Bitcoin will surely go up in the next decade but nobody knows the timing when it will go up huge.

yes I am the same, I will continue to wait with strong confidence that BTC will be pumped like in 2014. Current market conditions are bad but I believe, the current poor market conditions are also influenced by big players, they have speculated the ETF's decision and they engineered the market so badly that they benefited from people who panicked

I think that you are mistaken, because we are now involved in a big game, the rules of which are dictated by several major players.

You don’t trust this market ,then who cares?Stupid people like you deserve nothing but a shit

If you have nothing to say good then better shut up your damn mouth.we have all the rights to decide what to do,and i believe you should do what is good for people like you and that is to leave our community because we need nothing on you,we support this market as we trust our coins,and no one can take that from us,and not specially noob like you butthead

One of the errors in your scenarios is that they both end in BTC "mass adoption."

For BTC, or any coin or token to be accepted universally, it will have to have some utility, among other things.

Bitcoin's main utility is as a vehicle for speculation. It will never be accepted as a universal medium of exchange in its current form.

For any cryptocurrency to be universally accepted it will have to possess certain features. Transaction speed, economy, and ability to settle micropayments are among those features. As of now, BTC can claim none of them, and therefore will never reach "mass adoption" relying on current technology.

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I think this is an important moment to be a lesson, so are not affected by the popes who manipulate market prices,
and exactly what you say, we must always think positively, and don't panic easily so the popes cannot monopolize.

I still believe that the price of bitcoin will jump high, However the government institutions are manipulating the market so probably it may or may not happened. but price will go massively i think in the late 2019. I'm pretty sure about that.

same here.

You guys should try to remove this ETF thing or that from your head. With or without ETF, this market has been moving the way it pleases, and I really do not see ETF changing that. The only thing we might end up seeing is market being pumped just to instigate some quick movement upward for positive news and won't change the fact that the bears will use that opportunity to strike back hard again and this time lower. That is something I may see playing out with this whole expectation when relating to the ETF.

The second reason mentioned by OP actually sounds somehow reasonable and realistic even though I have not really seen predicting the future as the thing to do at any point in time.

We had the craziest movement upward in which we are correcting and we are not done yet. We might still see some movement upward as there is no doubt about that, but I do not see it lasting before the bears will take back the market and simply drive it even more lower. At this point, some may have already lost hope and then we will see the market recovering again and bouncing to new ATHs.

Probably the big players will turn the market arond all of the sudden and the madness begins all over again.

When accumulation stops the madness will ensue once again.
In the mean time just snort your hopium and dream those x1000 dreams.

I'd rather lose it all than get out of an 80% of my entire holdings being at lose. If I am gonna lose it, so it be. Why did I have the courage? I have not but I make ahead of my fears before my bravery. Most of the people that makes profit are the ones who takes most risks, and I am sure I am one of those people. If market manipulation is still on, then we are the verge of losing here. Some folks out there quit already with major loses.

Just wait until things get oversold before you buy that way there's much less chance of walking away with a loss on your investments

Lots of top alternatives are relatively cheap right now if you're looking at a 6-12 month period or more

That is what I have also see.  Bitcoin may not perform very well until we have adoptions and we may have that in years to come.  If that did not happen then expect a continue descending price movement.  It might not take up to 2 years but I think in few months to come we may have very serious adoptions.

I don't know why some people are bent on criticizing institutional investors, they have lost more than small investors interms of their percentage loss. I believe it is this institutional funds that drove the market up last year, seen they too were being fooled by some of these investors and entered into the market at ridiculous valuation, they started cutting some of their losses which trigger the bear market

I'm not going to sell anything from my eth or BTC on current prices) At all... even if it goes to zero. Noone will get my crypto at such prices) So banks can't rule here if everyone will do the same;)

Keep on holding, it isn't a good idea to sell now if we don't see any coins yet that can help to recover or be a substitute to earn a profit or to earn the loss amount if ever we sell it.  Then better wait.

If we see a price-cutting of 80% of its assets, but do not sell, we have not lost. Yes, we risk remaining eternal holders of some coins. 80% is almost everything. If the money that we could have lose, then the sell now looks silly. If all holders understand this, then whales will not be able to accumulate sufficient volumes to control the market.