Bitcoin Forum

Thought it hasn't been asked this way before. The question is actually quite loaded.

This is a good price to buy Bitcoin. I think this is already at the deepest dip for bitcoin to go. But if we may see Bitcoin below $6k levels, then that would be a huge problem.

Capitulate meaning what, exactly?  You could be talking about either buying or selling here.

If I had some extra money to play around with, I'd be buying bitcoin at this price (currently around $6400).  Unfortunately I don't, so right now I'm bitcoin-poor.  I have a feeling that the news we've been hearing about big investors getting into the market will drive the price up eventually.

If you're talking about at what price you'd be induced to sell, I would suggest that for most people it depends on what price they bought in at.  Either way, you ought to clarify the question for idiots like me.  This thread also might fit better in either Trading Discussion or Speculation.

If I understand capitulate in the context you used it, then it's dependent at what price you got in or bought BTC. Remember some people got in quite early and would not consider capitulating even if it goes lower than the current price. Below 6k, I'll give it a consideration so as not to slip into losses.

This is true to a very large extent. Some people bought Bitcoin when the price was very low, for such people capitulating isn't an option at all irrespective of the price of BTC. They simply hodl and weather the storm at any given time.

The reason for lowering the price of bitcoin has a lot of significance. If Bitcoin will simply fluctuate in price and for no particular reason its price will be greatly missed, even approximately in such a situation as it is now, even if its price drops to a hundred dollars, this still does not mean anything. Of course, by this time it would be better to periodically sell them and buy at a lower price and take advantage of this situation. However, after this bitcoin will definitely increase. It is necessary to be afraid not of its fall for the usual reasons, but of its great growth in price.

it depends when you bought, or if you're playing on the house. i haven't put money into bitcoin since early 2013 and i've taken far more out than i put in. so i don't have the same pain points as people who bought into last year's bubble.

i'd like to say i'd go down with the ship, but it's probably not true. maybe somewhere sub-$1000, if we were consistently holding below previous bubble highs, long term. but the nature of capitulation is such that you can't find an accurate answer this way. capitulation is highly emotional; it's the opposite of a well-planned stop-loss.

I will not capitulate, yes i'm mad hodler.) Moreover, i'm sure that Bitcoin will never fall to 1000$, Tether and Bitmain woun't concede this, you know why...

Lets do the poll! Capitulate = sell, given up

I agree that it varies. This is why I'm curious what the poll will show and whether this will indicate what is the short/long term movements in our prices.

As a golden rule, remember that, it is not a loss, until you sell.
And depending on when you bought, you might have profited or lost, based on the price at time of purchase.
There is no price at which to capitulate, but I highly doubt bitcoin would go below certain supports now, if it does, most would be deep in losses OT would be pointless to sell.

I voted for 1BTC=1BTC (whatever that means). ;D
The bitcoin price level won't force me to leave the crypto world.The transactions fees are more likely to make me wanna leave crypto.If they become ridiculously high for some reason,I would just sell everything and move on without my coins.

Below $500, if ever. It would be pretty surreal to see it down there again, where I bought my first coins!

Honestly though, I'd probably wait long enough that it wouldn't even be worth it to sell anymore......maybe just keep them as souvenirs. :)

$1000, perhaps? Though that figure is way too far from where we're at right now so I have doubts that we'll ever see those again. As far as I'm concerned, 50% less of what I initially bought in at, I will bail and call it quits, but due to bitcoin's nature of redeeming itself every 3 or so years, I wouldn't sell it since I already profited a lot and will just hope for the best. Besides, I already made my finances stable and bitcoin is just another part of my investment portfolio right now.

People always look at the price as the only thing that matters when it comes to BTC, especially those who have been involved in cryptocurrency with only one goal, and that is quick profit. For those who really believe in future of BTC there is no word like capitulation, so it is good that pool have option that 1BTC is always 1 BTC.

We should always leave the possibility that something very bad can happen to crypto, like some new Mt.Gox or some idiotic regulation on at the global level. In that case it would be unrealistic to expect people not to sell, but from this point where we are now situation does not seem bad, although some try to show it exactly like that.

As long as it has any kind of value and it's still being used, I will probably keep using it.
I mean, it's entirely possible (though unlikely), that Bitcoin might lose the top position it's currently in to some other altcoin, but there has top happen a lot before I would decide to just forget about it.

By capitulate, I mean that I would stop buying Bitcoin and sell or give away all my current holdings.

A very interesting question, I think at a price of less than 1000 will start to think about the full output of bitcoin:)

if we use this opportunity to buy bitcoin then this is the best choice because the price of bitcoin is brought to $ 6k and to go up still cannot be confirmed until now, we better use this opportunity to buy bitcoin then save it so that when bitcoin goes up we can immediately sell it in we can get many benefits

It's all or nothing for me.

I won't ever sell my coins for fiat, but will buy more when the price tanks hard enough. I have always done that and it worked well for me throughout the years, and I'm certain that it will keep working well in the forthcoming years. With so much more adoption potential the current price is an absolute joke, so by buying now you'll be able to capture that long term potential by simply hodling. It's the easiest thing in the world and you'll see your net worth go up. That's a fantastic deal!

Bitcoin has been the opportunity of the century for the non elite to actually become an elite. What's the alternative? Saving? Investing in stocks? Real estate? All a waste of time with Bitcoin still being the best option, by far. I don't exaggerate when I say that we can expect a 10-100x growth in price in the next 10 or so years. After that you can liquidate some of your Bitcoin holdings to buy real estate or whatever.

Really you are expecting to happen that amount in bitcoin! For me it wont happen i am thinking for better value in bitcoin before this year was end that is why if the opportunity comes that i have excess money im not hesitate to put it in bitcoin.

I will never surrender with bitcoin between these prices, i hope this situation will not happen in the bitcoin market ever.
I just have kept deposited my capital with bitcoin, waiting for the day it surpasses $20k again. Going below $1000 means the whole community around world will have to capitulate from bitcoin, but this is actually never going to happen

Why would I ever want to capitulate? The last time I checked, capitulation means ceasing to resist an opponent or an unwelcome demand; yield, which in this case you are ceasing to resist the possibility of selling at a much lower price if I am correct and in that aspect, I really do not think it is something I really want to be doing at all.

1btc remains 1btc, and whichever way, I believe it is all the speculation of wanting to get rich in fiat for most people that has caused this to be a thing of having to look at the price almost every time and then giving up at some point. It depends too though on where you actually bought, which I would not expect someone who bought at peak to end up capitulating for whatever reason.

Never, the money and time that I have invested in bitcoin is time that I can afford to lose, I knew from the very beginning that investing in something like bitcoin was very risky and that I could lose everything that I invested so I will never capitulate even if that means that I will lose all the money that I invested, I know it is not very healthy to be that committed to bitcoin but that is the way it is.

Amazing how people have voted for 1 BTC equals to 1 BTC would be the capitulation point for all. Yes off course thats the right decision and I guess most of the people does know how important it is to have such valuation for the BTC. Unless and until we stop calling it in terms of USD value until then things can be tough in here. So its always better to have BTC to be capitulated in BTC only for the best result. I mean then there wont be much of the competition in the world. Currently it literally feels like gold rush going around the world in terms of BTC to USD charts . Lolz.

I never check prices but when i have money i can invest in the crypto coins and i believe that these will never fail it is the time that world will change with this technology, and not only this but Blockchain technology will makes lives easy people will trade coins with out any problem at 24 hours and if we look at now so present price is good for buying of bitcoin now.

I like the last option. Most of my coins were not bought but earned and I'm not putting any price tag on them.
There is a value that would satisfy me but it's a real world value not a fiat money value. One day I may be able to buy a house with 1 Bitcoin and that will be a great feeling. I'm not exchanging because I don't need more fiat money now. I need more security and more anonymity.

Most of the long term hodlers have 0% (zero) actual exposure to this market with how they have taken their initial investment and a little more out of Bitcoin already. All they are sitting on right now is 100% profits.

It makes riding out bear markets far easier and way less stressful. I'm at that point as well, and for that reason will not sell even one single satoshi at lower levels. It makes no sense either in my opinion.

The thing is that in case the price does happen to tank significantly, I'll be more interested in buying more coins rather than unloading them. I'm a small fish, imagine how many whales think exactly like that. :)

Considering that Bitcoin is also currency, then 1BTC=1BTC.
Everyone wants acceptance of crypto, but they are still calculating the US dollar equivalent of BTC. In my opinion, no paper in the world has the same value as BTC.

I will not be a hypocrite here.
Yes I am a holder but would not go to the farthest before giving up.

Maybe at $1k of bitcoin price, I would be in real panic and concede my losses. There is not much to fight out there. History might be repeating itself at that price.
But if you really look at it. A lot of investors of Ethereum did not given up yet. that is like $1k loss already and yet they stay. So there may also be a chance that I will wait.

For me there's no such price and I'll tell you why.
We are at 6k. I believe that Bitcoin should at least be trading at half of its ATH (10k) and I know that it's capable of going there again, so I'm not selling now. I sold some of my coins above 10k to have fun and buy some stuff that I needed, but selling now would feel like such a waste of capital.
What if we went lower? That would feel to me like even greater waste. I'd see this as an opportunity to buy more, especially that we'd be at over 80% correction, which usually means that the aset is largely oversold.
What if we went to $1000? As a matter of fact most of my coins were bought for less than that, so I'd still be at a gain and willing to wait.
What if we went to $200 or $100? It would mean that Bitcoin has died and I'd shed a tear and keep my coins as a souvenir, a reminder of what it could have been.

I wont be getting out at any price. How do we know what the lowest price would be
if it starts to fall and i believe in the future and the rise in value coinciding with the
falling supply.

Its a terrible feeling to watch your investments crash.  But it is an even worse feeling when you sit on the sidelines and watch something skyrocket that you could of invested in.  With that being said, there is too much support at the 6k levels for bitcoin to drop much further.  IF it somehow did drop below 6k again I would just use the opportunity to buy more coins.

It is unlikely that people will fluctuate while a majority of them has seen the reliability of Bitcoin. Surely, the price is low and lot of people are buying them now, but the price will soon rise. And so, the idea of fluctuating does seem like foolosh one.

It depends on what price you got into or bought BTC. As the values depend from time to time but those who bought in an early stage don't understand how to capitulate and hold even in a bumpy situation. Below 6K is a good place to take into consideration but even then we'll just have to see as nothing can be definite about a good place the value would be. 

Yes. Losing most of the time is just the position you have decided to put yourself, and I am sure those who capitulated at some point in the past would be mostly regretting it now. I picked 1btc as 1 btc in my vote knowing that irrespective of what the market brings now, as long as real life usage is something we would probably get to see in the long run, then, there is a lot coming than to start giving up now.

This is something that is dependent though on where you bought and either you are making profit or not, but the thing really is that as long as you know there is still huge chance for growth, capitulation is the last thing you should be thinking of as an investor.

Capitulation at some point can only be dependent on the level at which you bought, but it is quite unreasonable for someone to give up for some reasons best known to them and selling hugely at loss. Until you sell, then you are not in loss, and that makes 1btc equivalent to 1btc as far as I am concerned. The future is bright, the possibility of seeing usage is getting pretty good and then I have been in this space anyway for a very long time and I bought at a pretty much good price, so that believe in the future has not changed at all, and I so much believe in it.

I hope we never see such capitulation situation. I can not even imagine a world where the price drops under $1000. I guess for me it would be anything under $1000.

This is a business criteria and there should be no capitulation limit in business. Yup, even for the smallest investors, they shouldn't just stop at some point. So it might be a good pole to analyse, but it shouldn't be anyone's choice.

I agree with others, capitulate could mean anything at that sentence.

If you mean buying bitcoin than I am currently buying bitcoin whenever I can, well technically I am not "buying" bitcoin because I am paid in bitcoin but I try to cash out less and less and keep more and more bitcoin in there instead of actually cashing it out (I have to cash out because I gotta pay the bills and live with it) the more I keep in there the harder for me to live easily but I rather cut from my expenses and keep bitcoin in because I really believe in these prices.

Also, if you mean selling I would definetly sell all of my coins if it hits $20k once again, I see that as my psychological amount, I have sold it at 20k last time so I was one of the lucky ones but I also would like to see it hit there again.

I have no plans for as to what price I’m going to capitulate…. I can continue to hold no matter what price since I’m sure that someday there will be a change. Bitcoin is volatile and I’m very much aware of that, that’s why you should make good plans and invest what you can lose if things don’t go as planned. Don’t try to be greedy and invest all you have and thinking only about the profit without thinking of the loss that can happen..

Honestly, I shouldn't wait for that amount or else I'll be left out.
Waiting for that price as the market is getting unpredictable and we never know when it will pump nor dump.
Just set a target price that you think good and buy it. Tbh the price now is still profitable when you do some day trading, of course if you know how. Have some hundred dollar profit then it's fine.

My point is anything below 1000$. Although it seems almost impossible to reach that point.

I think when it goes down below $1000 i would capitulate. But do not know for sure though, may still keep it.

Once, if it ever happens, it goes down 3 figures, I think that would be my threshold.

My point is anything below 1000$. Although it seems almost impossible to reach that point.

The price of Bitcoin matters only to those who hold. For those who trade them all the time, there is no difference what the price is, only trading volumes.

For this moment much price is everybody's wish, it is not desirable to fix the price to any number due to people always want to earn. Then the price must be moved upwardly, which is not possible.
In my opinion Bitcoin's present price is in line with people's wishes as we see on the price screen.

Bitcoin price is not seems to be predictable now.Now the price of bitcoin is 6400$,this is not a stable one.So we have to hold your bitcoin to get good profit from it.Don't get Panic selling.Since bitcoin is the decentralized cryptocurrency,we can't expect the stable rise in the price of bitcoin.If the price is reduced,just hold your bitcoin.

The question is indeed interesting. It's so sweet that the majority replied that 1 btc = 1 btc, so they don't really care about its fiat price. As for me, I would probably sell all of my savings when the price gets below $5k, but would continue using, earning and discussing cryptocurrencies. If the price gets really cheap (below $1k), I'd buy some btc. I understand that such things shouldn't matter, but if we think of btc as future of money, the prices would still be fixed in fiat for a long time anyway. 1 btc can be 1 btc when people start pricing their goods in Satoshis.

at a price of$ 1 ) but then I think I'd rather do anything else than to spend time on it, so the answer is never)

It's a good question, which I asked myself several times: if by "capitulate" you mean to sell everything to recover the possible and exit the crypto ...
I do not know, I still think that the bitcoin will grow again.
The point is that selling now seems stupid, and if it were to go down really , useless.
I keep what I have.

I'd never fold. If the money is gone...it is gone. The market can always bounce back and all signs are pretty bullish in the long run.

for now all crypto asset prices are difficult to predict but, the price of bitcoin is currently stable at $ 6400- $ 6500, the price of bitcoin at the moment I think has reached its bottom and is ready at the pump,

I don't know what is your '' capitulate" means? selling or buying

$100000 is enough for me,at that price l can live rich and ready to survive in the future l can do things lm planning to achieve in the future.l long to see the market will go up son.

There are studies that show that it is the opposite, regular people suffer a lot more from the money they lose than from the profits they do not get, this explains partially why they do not invest in bitcoin, they do not have what it takes to become successful in this market, the people that are currently in the market are in fact risk takers that feel the same way you do when they miss an opportunity.

Bitcoin is a good investment even the price drops we can know that it has a capability to out with and increase again it will just take time so be patient.

Hard to determine on what price we buying more bitcoin. But i think bitcoin price at $6400 is good price compare with december 2017 price. Its good coin and its long term investment and many expert predicted that bitcoin price can surge to $25k

I would  not, there are 2 types of moves at this point. Buy BTC and set a sell order at aproximetley 6k to cover loses or just odnt sell ever, since there is no use of selling at great loss.

that's how bagholders feel when they haven't capitulated yet. it's just a phase. if the losses continue compounding, most investors (in any asset) will conclude the market will never recover. then they'll capitulate. this is exactly what "capitulation" means---the point at which investors "give up" and abandon all hope.

the mindset that you won't sell at a loss implies you think the price will recover. that means you haven't capitulated. yet. :P

I don't know about you guys, but since the start of the year we are seeing a steep steady decline in crypto currency prices, but the fact remains that it is still highest it has ever been in 5 years. I myself have been stocking up on crypto currency like BTC and ETH. I still believe that these currencies will shoot to the moon sooner than later.