Bitcoin Forum

A high percentage of so call predictors predicted this year that bitcoin will drop to some ridiculous price like 1500$, 2000$  and so on I hope the can see that bitcoin is an established coin and stop causing panic amongst traders

Bitcoin moves based on market sentiments and not prediction. They are a lot of influential crypto personal who claimed to know about bitcoin and has predicted so many market moves which later did not materialized. They are all mere speculators whose proclamations holds no water. It is only the  market sentiments that determines the market trend.

Everyone is entitled to their opinions and speculations on what they think the price of bitcoin would be. This doesn't make it a fact, it's just a prediction.
The price is currently rising and if it's sustained we could be launched into a bull run.

The price of bitcoin is affected by a lot of factors. Therefore, it is almost impossible to predict its price. As far as I can remember, before the growth of bitcoin in December of last year there was no prediction that it would reach $ 20,000, as there was no prediction of a drop in its price to $ 6,000. And now there are absolutely conflicting views about how bitcoin will behave at the end of this year. No one can know this.

dont do market trend analysis people. you wont get anywhere apart from acting lik a sheep because bots are programmed to act like sheep

instead look at real analytics of cost of acquisition (hashrate and UTXO coin-age)
since 10 months ago more than 65%(10million btc) has moved and set above a barrier of $5800 priceline
thats over 10million coins that people value at more than $5800 as thats the lowest price of that period when people got them
mining costs have been around that pricepoint too again even miners getting fresh coins would refuse to sell below their costs

a good high percentage of the community are treating the area of $6k+ as the value bottomline. and as for the rest. 18% of coins have not moved for years. and if they wanted to sell for under $6k they would have done so.
even when the prices speculated over $6k for the last 10 months. those coin holders have not took advantage of the highd of upto $20k
so its definetly more than 65% of coins that wont sell for less than $6k (or more relaxed $5800)

trend analitics of just looking at the market price to make predictions is flawed
but when you take a look at the UTXO's of coins (the unspend coins) and look at their coinage(confirmations) to see where coin holders stand against time and price. you start to see what value the community put on their coins based on the price it was when they got their coins
and same going for the costs of the freshly minted coins cost..

I think that btc is the best coin ever and we need to use it now as the main currency, i like it much and hope that it will be used for long time. as for me,there is no better alternative to btc

last year the price was  $2000 and countries like Japan and South Korea and many other countries had not yet entered the crypto world with such aggression and today with entry from these countries the price would still be  $2000? how would that be possible? Today there is much more demand than in the past and because of that the price will not be  $2000


the panic will not stop because there are people who make money with that. trade is psychological war. on one side we have the sellers and on the other side we have the buyers. if you have an opportunity to buy cheap, then you will take advantage of this opportunity. Of course, ethical issues need to be discussed.

Need to be rejected first the price of $ 6000 to be able to go down to the price of around $ 3000. there are still many price support restrictions that need to be broken if true bitcoin will actually go down.

And all must have their own considerations about bitcoin, and of course, large bitcoin shareholders will also not remain silent to see this.

Don't let be affected by those negative predictors. They have freedom to predict whatever they want but its up to you if you want to listen to them.

Listen to the positive predictions instead and that will give you encouragement at this moment.

I don’t believe to that one simply because I made my own prediction with bitcoin and I know we will not go down to that level again. $8k-$10K can be the possible price of bitcoin at the end of 2018 especially now that we are starting to grow again.

At the beginning of 2018, the price of Bitcoin has been marked by fairly competitive volatility. Both from the price factually and from the predictions of speculators. Since the price of Bitcoin has soared, many ads filled various pages. Even Google has removed some advertisements related to cryptocurrencies. But in contrast to the end of the year that will return to soaring as in previous years, just wait for how the real development will indeed occur or not, this is all just a prediction

Bit coins are now the dreams of many young people. Those who work through it are living. I want Bit coin to help fulfill all dreams. 

first of all you shouldn't even call someone bullshitting you a "predictor". they are idiots and "troll" fits their description a lot better.
secondly their nonsense online is not causing any sort of panic among traders. they may make some newbie panic but newbies are not traders and they don't even have enough funds to affect the market after reading some bullshit comment somewhere on a forum.
you talking about them here is probably the most attention they have received ;)

LOL, I dont see a high % of predictions predicting $2000 Bitcoin price. I see only few calls. That is like 0.1%   But yes if we look from perspective of world population majority believes that Bitcoin will fail. But they believe it will be worth nothing and not $2000.

a high percentage of predictions this year said that we'd rise to ridiculous prices like $25k, $50k, etc too. these types of exaggerated expectations happen in both directions; both bulls and bears are guilty of it.

markets are frustrating in that way. when everyone expects doom, we pump. when everyone expects a pump, we fall. in a rally, the top is higher than everyone expects. in a crash, the bottom is lower than everyone expects.

in other words, most people are always gonna be wrong in their market predictions. that's also why most traders lose money. that's the market for ya. ;)

At times prediction causes investors have a late fall unto investing. But we can not stop predictors. This is one of the attitudes practiced in crypto and yes its indeed needed. This is common from the beginning. Current situation is better then earlier stage. 2019 would not cross $15k this year. If this happens so, its well and good. Hope the value should be back in track soon.

and all you have done is predict the PRICE waves will go up and down.. not much of a prediction...

but ignored my content completely at looking at the bottom line growth of a sustainable rise of value.
each day i can easily write ' i predict this week the price will go up and down due to.." and i would be right, but who cares

the ups and downs are meaningless prediction goals. whats important is the bottomline value that the community refuse to go below. as thats the line we all can stand above and take advantage of.

as for the ups. only less than 1% are online/fast enough to take advantage of the tips of the mountain(ATH). so why even concentrate on the ATH tip that we all will not gain from. but all can gain from standing at the bottom and riding the waves and let the bottom grow taking us along with it constantly.

yes enjoy the waves and profit from the waves. but just dont concentrate on waiting for the next tsunami, because when it hits, 99%+ would have missed the chance to ride it, or fellioff due to a wrong move

All are agree Bitcoin is highly recommend cryptocurrency. But it should not fulfill our dreams because In crypto world we should not relay on single platform so we should move on possible way. My suggestion is we should buy both Bitcoin and some altcoins then only it will balance our investment. If you really believe the Bitcoin it will support to your future so long term investment is perfectly suitable for this coin.

Bitcoin has a good future scope.People are very interested in investing in BTC .They all know that bitcoin will give them profit in coming future.They are giving equal importance to gold and bitcoin because they all are aware about the fact that both are having the potential to filfull their needs.Bitcoin is one of the important asset which will surely be the king of all currencies in coming decades.

Every bitcoin and cryptocurrency predictions do not necessarily means that it

They can say what they wants as this is a speculative investment and the price will follow with the supply and demand in the market. I don't think that the price of bitcoin will fall to that $2000 level as we had more demands because of the increasing popularity of crypto currency.

First of all, do not believe this prediction blind, because forecasts can be created by anyone and then those predictors will manipulate your decisions. On the other hand that the price falls so low,  it should overtake his support which is strong at 6000$.

I think bitcoin will do well in the coming future.Digitization is going on in the economy and therefore the demand of  bitcoin has been increasing since then.Even though the prices of all the cryptocurrencies including bitcoin is down but still people are enrolling themselves more and more into bitcoin.Bitcoin is the best option for investment purposes in today's date because the price of Bitcoin is rising and therefore the users will get decent amount of profit returns.

Those speculations makes money from those that panic because of FUD and fake news.  Without them you should know that there will be no profit to make or losing money.  Bitcoin may not get back to $1200 but the reality is that it is still possible.

Random predictions from people who probably don't understand much. I'm not saying it's impossible but it's very unlikely that we'll go back to the 1k level with the growth btc had this year.

Well, why should we be sure of bitcoin, it is to calm our emotions in the face of negative news. What happens if we don't have confidence, of course we will easily panic when we hear negative news.