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Bitcoin => Bitcoin Discussion => Topic started by: ramsdaj28 on March 29, 2019, 03:12:09 AM



Title: Bitcoin Revival is On The Way - According to a trader
Post by: ramsdaj28 on March 29, 2019, 03:12:09 AM
CNBC's Seema Mody interviewed Futures Now traders, Jim Iuorio and Scott Nations last night.

Jim called the $4,000-level of bitcoin value as the PSYCHOLOGICAL LEVEL. Scott also said that he's not into this change in bitcoin value because he doesn't see the fundamentals that would drive it to a new level. Jim also added that people once tried to use gold as substitute to fiat, but they didn't like it anymore, so people searched for another substitute and that's BITCOIN.

I agree with them. Other than fiat, bitcoin is the second most popular mode of payment now esp. in the cyber era where almost everything runs through computers. Bitcoin's value might just need more time to recover esp. with these governments' new rules regarding the use of bitcoin as payment.

Your thoughts, guys? Do you think bitcoin will be soaring high again in the near future?



Title: Re: Bitcoin Revival is On The Way - According to a trader
Post by: pooya87 on March 29, 2019, 03:26:22 AM
Other than fiat, bitcoin is the second most popular mode of payment now esp.

that can't be right unless you categorize every payment method available under the term "fiat", which would include methods from banks, credit cards,... down to paypal, apple pay,.... in which case you are only separating payment methods into two groups with fiat in rank 1of2 and bitcoin in rank 2of2. otherwise bitcoin is far from being the second most popular mode of payment. if that were true price would have been $1 million at least!

Quote
Your thoughts, guys? Do you think bitcoin will be soaring high again in the near future?
obviously yes! bitcoin is just getting started, it has a long way to go before we reach mass adoption and price stability with no more rises.


Title: Re: Bitcoin Revival is On The Way - According to a trader
Post by: joniboini on March 29, 2019, 05:10:22 AM
CNBC is very famous as a contra indicator. So if they started publishing news like this, there will be some people who believe Bitcoin is going to dump again (though this is not exactly true and more like a self fulfilling prophecy). Anyway, news or analysis about Bitcoin price most of the time is wrong.


Title: Re: Bitcoin Revival is On The Way - According to a trader
Post by: Kakmakr on March 29, 2019, 05:22:06 AM
I think a lot of Gold traders also see the threat of investing into something where a centralized authority holds they key to your wealth. This is not the same with Bitcoin, when you invest in Bitcoin, you hold the key. <The Private key>

They also realized over the years that Gold cartels are manipulating the Gold price too and many people believe that the actual Gold that should be stored in some vault, might not be there anymore. <Example : Fort Knox>


Title: Re: Bitcoin Revival is On The Way - According to a trader
Post by: alisafidel58 on March 29, 2019, 06:09:43 AM
Your thoughts, guys? Do you think bitcoin will be soaring high again in the near future?

Of course, Even though there were regulations came up after the last bull run I think that slowly bitcoin price will gain value. The bad thing about bitcoin and why the government is against it (just not decentralized) is because of its volatility. Back in early 2018, the bubble explodes and a lot of new investors lots a lot of money.


Title: Re: Bitcoin Revival is On The Way - According to a trader
Post by: eagle10 on March 29, 2019, 06:57:51 AM
CNBC's Seema Mody interviewed Futures Now traders, Jim Iuorio and Scott Nations last night.

Jim called the $4,000-level of bitcoin value as the PSYCHOLOGICAL LEVEL. Scott also said that he's not into this change in bitcoin value because he doesn't see the fundamentals that would drive it to a new level. Jim also added that people once tried to use gold as substitute to fiat, but they didn't like it anymore, so people searched for another substitute and that's BITCOIN.

I agree with them. Other than fiat, bitcoin is the second most popular mode of payment now esp. in the cyber era where almost everything runs through computers. Bitcoin's value might just need more time to recover esp. with these governments' new rules regarding the use of bitcoin as payment.

Your thoughts, guys? Do you think bitcoin will be soaring high again in the near future?


Bitcoin is a good way to send money anywhere / everywhere in the world at an instant that's why many are attracted to how the bitcoin is used in sending and receiving money aside of buying and selling online to those who accept cryptocurrency. Whatever the market condition is, the journey of bitcoin is still early to tell and people accept the fact that it will stay long because of its usefulness and revival is not a question but how it will rebound sooner.


Title: Re: Bitcoin Revival is On The Way - According to a trader
Post by: aad140386 on March 29, 2019, 07:19:07 AM
I do not really believe in various analytical predictions. Recall how Tom Lee predicted Bitcoin at $ 20,000 by the end of 2018. Then he changed his forecast, and said that Bitcoin would cost $ 10,000, but this forecast did not come true. And he is quite a famous person in the field of cryptocurrency. In fact, no one knows how the price will move on. All these analytical predictions are just fortune telling. If their predictions come true, they always say that they were right, and if they do not come true, then they just keep silent about it. You must monitor the market and trading volume.


Title: Re: Bitcoin Revival is On The Way - According to a trader
Post by: whotookmycrypto on March 29, 2019, 07:20:53 AM
I do not really believe in various analytical predictions. Recall how Tom Lee predicted Bitcoin at $ 20,000 by the end of 2018. Then he changed his forecast, and said that Bitcoin would cost $ 10,000, but this forecast did not come true. And he is quite a famous person in the field of cryptocurrency. In fact, no one knows how the price will move on. All these analytical predictions are just fortune telling. If their predictions come true, they always say that they were right, and if they do not come true, then they just keep silent about it. You must monitor the market and trading volume.

LOL. And he has since given up on predicting prices.

https://ethereumworldnews.com/tom-lee-wont-predict-btc-price/

Got to love the entertainment in crypto. It's a circus.


Title: Re: Bitcoin Revival is On The Way - According to a trader
Post by: traderethereum on March 29, 2019, 07:53:13 AM
CNBC's Seema Mody interviewed Futures Now traders, Jim Iuorio and Scott Nations last night.

Jim called the $4,000-level of bitcoin value as the PSYCHOLOGICAL LEVEL. Scott also said that he's not into this change in bitcoin value because he doesn't see the fundamentals that would drive it to a new level. Jim also added that people once tried to use gold as substitute to fiat, but they didn't like it anymore, so people searched for another substitute and that's BITCOIN.

I agree with them. Other than fiat, bitcoin is the second most popular mode of payment now esp. in the cyber era where almost everything runs through computers. Bitcoin's value might just need more time to recover esp. with these governments' new rules regarding the use of bitcoin as payment.

Your thoughts, guys? Do you think bitcoin will be soaring high again in the near future?
Yes, bitcoin will be soaring high in the future although it still a mystery for us but I am sure it will happen. As we know, the cyber era will change the traditional era although many people don't like it, they need to follow the journey if they still want to live in his world.
I think the governments will accepting bitcoin as the new payment method besides the old payment method because we want to use the technology that could bring us to a better life in the future. Yes, bitcoin needs more time to grow and it will.
I don't use fundamental as my analysis, but I read all of the news for my guidance for analyzing the price and the trend, I prefer to make my own analysis than to use the other people analyze.


Title: Re: Bitcoin Revival is On The Way - According to a trader
Post by: cizatext on March 29, 2019, 08:04:08 AM
The recent price increase above $4000 is a great sign that bitcoin is still sustaining it position as the dominant cryptocurrency despite the fact that the rise has any event attached to it, and many traders have made a lot of comments about the future of the market but since bitcoin is a highly volatile market price we can only predict and wait for the out come.


Title: Re: Bitcoin Revival is On The Way - According to a trader
Post by: jakelyson on March 29, 2019, 08:09:13 AM
Your thoughts, guys? Do you think bitcoin will be soaring high again in the near future?
When you said, the near future, do you mean within 6 months? I do not think so. In my opinion, bitcoin will be remaining in this price range for quite some time. It won't be soaring high or reaching new ATH for a long time. Just like how long it takes to recover from the first time bitcoin peaked and fell hard. But bitcoin is so fickle, I can be wrong and suddenly push for new highs.


Title: Re: Bitcoin Revival is On The Way - According to a trader
Post by: Zadicar on March 29, 2019, 08:18:00 AM
Your thoughts, guys? Do you think bitcoin will be soaring high again in the near future?
Gold has never been considered as an option to replace fiat.People do see its value but it would just retain as it should be.Government will surely
not allow such thing to happen. Bitcoin is great tech but we cant presume that this is the 2nd thing comes to fiat when it comes to financial system.
It would really just acts as an alternative always.


Title: Re: Bitcoin Revival is On The Way - According to a trader
Post by: Haunebu on March 29, 2019, 08:25:33 AM
I do not really believe in various analytical predictions. Recall how Tom Lee predicted Bitcoin at $ 20,000 by the end of 2018. Then he changed his forecast, and said that Bitcoin would cost $ 10,000, but this forecast did not come true. And he is quite a famous person in the field of cryptocurrency. In fact, no one knows how the price will move on. All these analytical predictions are just fortune telling. If their predictions come true, they always say that they were right, and if they do not come true, then they just keep silent about it. You must monitor the market and trading volume.

LOL. And he has since given up on predicting prices.

https://ethereumworldnews.com/tom-lee-wont-predict-btc-price/

Got to love the entertainment in crypto. It's a circus.
It is a circus indeed. I still remember Mcafee saying he would eat his own private part if Bitcoin does not rise above $500k in a short period of time. He is now currently running from the government and hiding on ships. That guy is hilarious.

The only proper time for BTC to rise in value is through the upcoming halvening event which might send BTC to a price of $10k or something close to it in my opinion.


Title: Re: Bitcoin Revival is On The Way - According to a trader
Post by: Erickan on March 29, 2019, 12:02:08 PM
I think bitcoins in the short term will not be able to pass $ 4200, which is a solid barrier that bitcoin has tried hard but not broken. Moreover, trading volume shows no significant increase, so I think bitcoin will continue to go down to $ 3100. But I still believe that as many people here are bitcoin in the long term, there will be recovery, but I don't think prices will grow like 2017. Because many recent reports indicate that the 2017 year has a lot of manipulation for the cryptocurrency market, prices are inflated. The trading volume on CMC is also incorrect, mostly forged.


Title: Re: Bitcoin Revival is On The Way - According to a trader
Post by: whotookmycrypto on March 29, 2019, 12:13:09 PM
It is a circus indeed. I still remember Mcafee saying he would eat his own private part if Bitcoin does not rise above $500k in a short period of time. He is now currently running from the government and hiding on ships. That guy is hilarious.

The only proper time for BTC to rise in value is through the upcoming halvening event which might send BTC to a price of $10k or something close to it in my opinion.

LOL. It was actually a million.

https://twitter.com/officialmcafee/status/1098773528579588102

And not just running from governments. He has a favourite past time: https://www.scatcoin.fun/


Title: Re: Bitcoin Revival is On The Way - According to a trader
Post by: MakeMoneyBtc on March 29, 2019, 12:47:29 PM
Bitcoin is definitely heading in the right direction because in the last day the price has been steadily going up little by little. If it continues like that sooner of later the bull run should start and pump the price to a new high level as we have seen in 2017. Regarding to that trader's analysis I usually don't belive this kind of predictions and that's because there are dozens of it and it's impossible to follow just one since they all seem logical and are said by pretty famous persons.


Title: Re: Bitcoin Revival is On The Way - According to a trader
Post by: BitcoinHodler on March 29, 2019, 01:03:54 PM
I do not really believe in various analytical predictions. Recall how Tom Lee predicted Bitcoin at $ 20,000 by the end of 2018. Then he changed his forecast, and said that Bitcoin would cost $ 10,000, but this forecast did not come true. And he is quite a famous person in the field of cryptocurrency. In fact, no one knows how the price will move on. All these analytical predictions are just fortune telling. If their predictions come true, they always say that they were right, and if they do not come true, then they just keep silent about it. You must monitor the market and trading volume.

LOL. And he has since given up on predicting prices.

https://ethereumworldnews.com/tom-lee-wont-predict-btc-price/

Got to love the entertainment in crypto. It's a circus.

i wouldn't really trust news sites at all specially those unknown low traffic ones  that keep publishing imaginary news like this one. they both exaggerated Tom Lee when he was predicting price and now they are again doing the same when he isn't. :D


Title: Re: Bitcoin Revival is On The Way - According to a trader
Post by: lyks15 on March 29, 2019, 02:06:29 PM
Yes I think bitcoin will be soaring high again very soon. Because there so many companies or tie up that going to invest and take the partnership wuth the bitcoin. Not only a regular company but most of them are the biggest and leading companies in industry so we can say that people's trust is now coming back to bitcoin and it will be the reason why bitcoin's will be rise again.


Title: Re: Bitcoin Revival is On The Way - According to a trader
Post by: reda on March 29, 2019, 02:07:07 PM
Bitcoin is definitely heading in the right direction because in the last day the price has been steadily going up little by little. If it continues like that sooner of later the bull run should start and pump the price to a new high level as we have seen in 2017. Regarding to that trader's analysis I usually don't belive this kind of predictions and that's because there are dozens of it and it's impossible to follow just one since they all seem logical and are said by pretty famous persons.


Hoping is the only things we can have on bitcoin or any altcoins. Actually we need reasons to find such growth we saw in December 2017. I suggest to hodl the funds until the market recovered.

According to trader or hodler, nothing will change upon our own wishes. Market trend many fall down again coming monday or keep going. Last few weeks price oscillating like that only. Lets wait and then decide.


Title: Re: Bitcoin Revival is On The Way - According to a trader
Post by: qiwoman2 on March 29, 2019, 02:37:50 PM
So far we have stayed in a sideways action for a while, which can only be a good thing right now because in August we have LTC halving and then Bitcoin halving next year, so I am really beginning to think we can only do better from here. I notice too on the Coinmarketcap site that the biggest gainers of the day are huge compared to the biggest losers of the day. So many people are trading altcoins to accumulate big amounts of Bitcoin. Let's see if there is going to be a break out later in the year or early next year as we prepare for the big Bitcoin halving event that takes place every four years. This could be another chance to accumulate good stuff.


Title: Re: Bitcoin Revival is On The Way - According to a trader
Post by: Artemis3 on March 29, 2019, 02:47:38 PM
I think a lot of Gold traders also see the threat of investing into something where a centralized authority holds they key to your wealth. This is not the same with Bitcoin, when you invest in Bitcoin, you hold the key. <The Private key>

They also realized over the years that Gold cartels are manipulating the Gold price too and many people believe that the actual Gold that should be stored in some vault, might not be there anymore. <Example : Fort Knox>

And there is this scheme where they take out a portion of the gold inside a ingot and replace it with a cheaper metal that weights almost the same, covering any traces with actual gold. How are you going to inspect each and every ingot bar? You'd need to melt them and mint them again.

Also, someone will find gold in an asteroid someday... Gold is a nice metal, but way overpriced. Rust-less metal things like a fence as opposed to useless rings or jewelry, for example. Anyone living near the sea could use it in many more useful ways if it wasn't so darn expensive.

Before Europe "discovered" the Americas, South America actually had more gold than iron. Guess which one was considered more valuable? But their view of the world was limited to their lands, how were they going to know that worldwide gold was the scarce one. Of course most was pillaged and taken to Europe, made into useless jewelry or boring ingots to be "stored" and never seen by anyone ever again...


Title: Re: Bitcoin Revival is On The Way - According to a trader
Post by: aylabadia05 on March 29, 2019, 04:13:36 PM
of course, but not this year because all the problems faced continue to occur in the bitcoin world, optimistic that early next year the price of bitcoin can touch $ 4000.


Title: Re: Bitcoin Revival is On The Way - According to a trader
Post by: kryptqnick on March 29, 2019, 04:39:14 PM
CNBC's Seema Mody interviewed Futures Now traders, Jim Iuorio and Scott Nations last night.

Jim called the $4,000-level of bitcoin value as the PSYCHOLOGICAL LEVEL. Scott also said that he's not into this change in bitcoin value because he doesn't see the fundamentals that would drive it to a new level.
Other than fiat, bitcoin is the second most popular mode of payment now esp.
$4k is indeed a price barrier for Bitcoin, but I think the currency is doing well with it. However, it does not even seem to be moving towards another important stage of $6k, which is a price under which Bitcoin did not move for a really long time, and we used to think that it was low. Revival might be on the way, but on a long way of ups and downs that could easily take another year if not more.
And unfortunately Bitcoin is not even often treated as a mode of payment. Many just use it for trading or as a long-term investment, while money is supposed to be circulating because of being exchanged for goods and services.


Title: Re: Bitcoin Revival is On The Way - According to a trader
Post by: manok jepang on March 29, 2019, 04:44:35 PM

Your thoughts, guys? Do you think bitcoin will be soaring high again in the near future?

the possibility exists but not this year.
Many predictions have been made since the beginning of 2018 about the price of BTC. However, most of these predictions are wrong. Therefore I do not always believe in the predictions of experts.


Title: Re: Bitcoin Revival is On The Way - According to a trader
Post by: Slow death on March 29, 2019, 05:05:46 PM
Jim called the $4,000-level of bitcoin value as the PSYCHOLOGICAL LEVEL.

when the price was $6000 they said the same thing and the price fell a lot, the funny thing about it all is that when they fail they do not see the public admit that they failed, instead they appear to make more predictions or give more opinion

Jim also added that people once tried to use gold as substitute to fiat, but they didn't like it anymore, so people searched for another substitute and that's BITCOIN.

How does he know that? he does not even show proof of it, that's just his opinion

with these governments' new rules regarding the use of bitcoin as payment.


it will take a long time for governments to regulate bitcoin and it will be possible to see bitcoin being used as a means of payments in many countries.

Do you think bitcoin will be soaring high again in the near future?

Yes I believe


Title: Re: Bitcoin Revival is On The Way - According to a trader
Post by: uszaty43 on March 29, 2019, 08:56:21 PM
There is a high possibility of bitcoin increasing in the near future but there has to be a drive to push it as you are saying and that drive or urge which would cause the rise of bitcoin to another all time high it's the increase mass adoption across the globe. If many people are actually using bitcoin to pay for transactions they make then the demand would really go up hence increase in the price of bitcoin.


Title: Re: Bitcoin Revival is On The Way - According to a trader
Post by: tunapa on March 29, 2019, 10:11:21 PM
For now I believe bitcoin still has a long way to go considering the exposure , adoption and usage. Many things are going to be implemented and the fear of people will be subdued so they can invest peacefully and not bother about heavy price fall or heavy manipulation. Then the rally will be on the way.


Title: Re: Bitcoin Revival is On The Way - According to a trader
Post by: goaldigger on March 29, 2019, 10:54:31 PM
CNBC's Seema Mody interviewed Futures Now traders, Jim Iuorio and Scott Nations last night.

Jim called the $4,000-level of bitcoin value as the PSYCHOLOGICAL LEVEL. Scott also said that he's not into this change in bitcoin value because he doesn't see the fundamentals that would drive it to a new level. Jim also added that people once tried to use gold as substitute to fiat, but they didn't like it anymore, so people searched for another substitute and that's BITCOIN.

I agree with them. Other than fiat, bitcoin is the second most popular mode of payment now esp. in the cyber era where almost everything runs through computers. Bitcoin's value might just need more time to recover esp. with these governments' new rules regarding the use of bitcoin as payment.

Your thoughts, guys? Do you think bitcoin will be soaring high again in the near future?




Bitcoin really changed us into using money without any physical exchanges and so far, people likes to deal with their transaction this ways. Bitcoin in the other hand despite of the low market price is attracting people to buy it because of its financial opportunity. Our only enemy now is time but im sure it will be landing on the moon again.


Title: Re: Bitcoin Revival is On The Way - According to a trader
Post by: Lpim01 on March 29, 2019, 11:12:29 PM
CNBC's Seema Mody interviewed Futures Now traders, Jim Iuorio and Scott Nations last night.

Jim called the $4,000-level of bitcoin value as the PSYCHOLOGICAL LEVEL. Scott also said that he's not into this change in bitcoin value because he doesn't see the fundamentals that would drive it to a new level. Jim also added that people once tried to use gold as substitute to fiat, but they didn't like it anymore, so people searched for another substitute and that's BITCOIN.

I agree with them. Other than fiat, bitcoin is the second most popular mode of payment now esp. in the cyber era where almost everything runs through computers. Bitcoin's value might just need more time to recover esp. with these governments' new rules regarding the use of bitcoin as payment.

Your thoughts, guys? Do you think bitcoin will be soaring high again in the near future?




Bitcoin really changed us into using money without any physical exchanges and so far, people likes to deal with their transaction this ways. Bitcoin in the other hand despite of the low market price is attracting people to buy it because of its financial opportunity. Our only enemy now is time but im sure it will be landing on the moon again.
I shouldn't have to believe that there is other coin tried to compete Bitcoin. We know its capabilities already and a lot of people trusting this coin, in fact it is now used for many transactions. Proven to be one of the most profitable coin in the market, it surely investors never look for new one. 


Title: Re: Bitcoin Revival is On The Way - According to a trader
Post by: Sebas.tian on March 29, 2019, 11:57:06 PM
CNBC's Seema Mody interviewed Futures Now traders, Jim Iuorio and Scott Nations last night.

Jim called the $4,000-level of bitcoin value as the PSYCHOLOGICAL LEVEL. Scott also said that he's not into this change in bitcoin value because he doesn't see the fundamentals that would drive it to a new level. Jim also added that people once tried to use gold as substitute to fiat, but they didn't like it anymore, so people searched for another substitute and that's BITCOIN.

I agree with them. Other than fiat, bitcoin is the second most popular mode of payment now esp. in the cyber era where almost everything runs through computers. Bitcoin's value might just need more time to recover esp. with these governments' new rules regarding the use of bitcoin as payment.

Your thoughts, guys? Do you think bitcoin will be soaring high again in the near future?


Always DYOR when it comes to crypto. You can consider some opinions but do not put all your trust in one man when you decide what to do with your money since that guy cannot possibly know also whats gonna happen next too.

As far as bitcoin's price goes, I'm contented with it. Lets value steady and natural growth rather than artificial growth fueled by shill and fomo.



Title: Re: Bitcoin Revival is On The Way - According to a trader
Post by: plvbob0070 on March 30, 2019, 01:04:20 AM
Although the value of gold never depreciate, today in modern era, most people are into technology already. Technology helps them to make things easy that's why they see bitcoin as substitute because it's much easier and the use of gold is very traditional. And as for your question, yes. I believe that it will rise again in the future. We just don't know when but it will surely increase.


Title: Re: Bitcoin Revival is On The Way - According to a trader
Post by: ralle14 on March 30, 2019, 01:31:15 AM
Your thoughts, guys? Do you think bitcoin will be soaring high again in the near future?
Definitely, but not in the near future because I don't like to hype myself over something uncertain.

Our only enemy now is time but im sure it will be landing on the moon again.
How is time our enemy? I don't get it since Bitcoin is clearly progressing.

Always DYOR when it comes to crypto. You can consider some opinions but do not put all your trust in one man when you decide what to do with your money since that guy cannot possibly know also whats gonna happen next too.
He only agreed to their opinions OP didn't said he would invest just because these people said so.


Title: Re: Bitcoin Revival is On The Way - According to a trader
Post by: betty11 on March 30, 2019, 01:38:21 AM
Bitcoin has remained stable at $4,000 mark, which is a good indication, but each time it tries to move a bit higher, an unseen force drags it down. Should we be able to break out to $4,500, we might head for a short bull run. One thing that is important we ask is what is really driving it to a new high level? Something must need to propel this current market away from this current low zone.


Title: Re: Bitcoin Revival is On The Way - According to a trader
Post by: juragane on March 30, 2019, 03:19:14 AM
Yes I think bitcoin will be soaring high again very soon. Because there so many companies or tie up that going to invest and take the partnership wuth the bitcoin. Not only a regular company but most of them are the biggest and leading companies in industry so we can say that people's trust is now coming back to bitcoin and it will be the reason why bitcoin's will be rise again.
Hopefully what will happen in the future will be better, because large companies have certainly calculated carefully, and made and analyzed the benefits of using bitcoin in the future, so that we can predict the possibilities that will happen in the future will be good.   


Title: Re: Bitcoin Revival is On The Way - According to a trader
Post by: shesheboy on March 30, 2019, 03:24:43 AM
i dont see any connection to the title from your post but id love to answer on what is written on the title  .  i agree that bitcoin's another rival is coming and that might be another crypto coin again but these kind of issue's are not new anymore  because ever since before  ,  bitcoin do already have alot of rivals but none of them have succeed because bitcoin is to superior  . bitcoin already have what new coin will possibly have  . the truth hurts but all of them are just a copy paste or only  a replica of the original bitcoin  .


Title: Re: Bitcoin Revival is On The Way - According to a trader
Post by: darklus123 on March 30, 2019, 03:30:39 AM
CNBC's Seema Mody interviewed Futures Now traders, Jim Iuorio and Scott Nations last night.

Jim called the $4,000-level of bitcoin value as the PSYCHOLOGICAL LEVEL. Scott also said that he's not into this change in bitcoin value because he doesn't see the fundamentals that would drive it to a new level. Jim also added that people once tried to use gold as substitute to fiat, but they didn't like it anymore, so people searched for another substitute and that's BITCOIN.

Quite funny because people are actually investing to bitcoin when it started booming and now mostly this certain people also starting to not like it because of its inconsistency (are they now going back to gold? or finding an alternatives of bitcoin is now their primary concern?)



Quote
I agree with them. Other than fiat, bitcoin is the second most popular mode of payment now esp. in the cyber era where almost everything runs through computers. Bitcoin's value might just need more time to recover esp. with these governments' new rules regarding the use of bitcoin as payment.

Your thoughts, guys? Do you think bitcoin will be soaring high again in the near future?

Bitcoin is far from being the 2nd most popular mode of payment (it might be one of the most recognized way of investing right now but not as a payment option). Which is in fact when BTC price is just not this high it is actually more being used for an instant business transactions unlike now. What bitcoin's value are you actually talking about? Bitcoin's value is actually higher than a bar of gold lol



Title: Re: Bitcoin Revival is On The Way - According to a trader
Post by: mapanlah on March 30, 2019, 03:53:03 AM
Bitcoin is definitely heading in the right direction because in the last day the price has been steadily going up little by little. If it continues like that sooner of later the bull run should start and pump the price to a new high level as we have seen in 2017. Regarding to that trader's analysis I usually don't belive this kind of predictions and that's because there are dozens of it and it's impossible to follow just one since they all seem logical and are said by pretty famous persons.
from day to day the value of bitcoin is increasingly showing stability, this is good news that is very showing the interest of market participants to want to adopt bitcoin for all trading activities. then later all business people want to use bitcoin for all their payments.


Title: Re: Bitcoin Revival is On The Way - According to a trader
Post by: ramsdaj28 on March 30, 2019, 07:45:02 AM
I don't know how psychology would be involved in Bitcoin though, well for the sake of the action of traders, I can't connect the dots somehow. Never heard of anything regarding gold substituting fiat here in my country, but I guess they still see Bitcoin as an alternate fiat anyway so that's covered anyway judging that technology evolution right here is like being cherished a lot.
Psychology is actually a vast body of knowledge. Almost everything can have a psychological effect to specific group of people. The psychological thing about bitcoin and the traders is how these so-called WHALES' activities can affect the decision of the small traders in terms of trading or holding (more of an example of brainwashing).

With regards to gold, I think he's referring to the stock market where physical commodities like gold and oil are being used.


Title: Re: Bitcoin Revival is On The Way - According to a trader
Post by: bitbunnny on March 30, 2019, 08:10:24 AM
Bitcoin has remained stable at $4,000 mark, which is a good indication, but each time it tries to move a bit higher, an unseen force drags it down. Should we be able to break out to $4,500, we might head for a short bull run. One thing that is important we ask is what is really driving it to a new high level? Something must need to propel this current market away from this current low zone.

This is still far away from remaining stable at 4000$ or more. Yes, for the last couple of days we can see some slow and steady price rise but that still doesn't mean that the price will continue to grow and remain above 4000$. I know this looks optimistic for many but it's too eaely to say that the bull run has started.


Title: Re: Bitcoin Revival is On The Way - According to a trader
Post by: olumyd on March 30, 2019, 08:58:32 AM
... Anyway, news or analysis about Bitcoin price most of the time is wrong.

If that be the case, what's the true value driver for bitcoin, I mean, if we always had to rely on TA alone just to determine the price movement, then the fundamentals won't be needed, right? I think both the news and analysis are important markers, even if wrong they somewhat project an important  psychological profile of investors, traders, and bystanders, which IMO still reflects on the price action.


Title: Re: Bitcoin Revival is On The Way - According to a trader
Post by: pushups44 on March 30, 2019, 09:00:43 AM
I think we're long overdue for a bull market, given that this has statistically been the longest bear market ever. With the halving around the corner, it's only a matter of time for a breakout.


Title: Re: Bitcoin Revival is On The Way - According to a trader
Post by: Ipwich on March 30, 2019, 09:35:25 AM
I think we're long overdue for a bull market, given that this has statistically been the longest bear market ever. With the halving around the corner, it's only a matter of time for a breakout.

Agree with that, we should not be surprise of what we are seeing now.
The bullish trend has commence and time to make our dreams alive, we will break the ATH and that's my prediction that will take place soon.
This year started very well, I'm hoping we will end this year very well also.


Title: Re: Bitcoin Revival is On The Way - According to a trader
Post by: shamc on March 31, 2019, 04:23:12 PM
Fiat isn't dead yet, online payments via credit card is still pushing strong and soon rfid payments will take over cards. It is the shape of the economy that will dictate how well bitcoin does as you can see in other countries like venezuela


Title: Re: Bitcoin Revival is On The Way - According to a trader
Post by: aprilnot on March 31, 2019, 05:25:46 PM

Your thoughts, guys? Do you think bitcoin will be soaring high again in the near future?


for the near future, I don't think that's possible. even if the government is currently making regulations regarding bitcoin payments it is still not strong enough to encourage bitcoin. after the fall some time ago, people were more careful in making decisions. therefore a lot of good news cannot make an increase.


Title: Re: Bitcoin Revival is On The Way - According to a trader
Post by: cizatext on March 31, 2019, 06:28:53 PM
Scot can never see the fundamental of the bitcoin change but the $4000 bitcoin Price have been sustained for some time now and that is an indication that the change we are expecting is not far again.


Title: Re: Bitcoin Revival is On The Way - According to a trader
Post by: ramsdaj28 on April 01, 2019, 12:36:45 AM
What does he mean by "PSYCHOLOGICAL LEVEL"?
Anywho, yes, I do believe the value will go up again, in time.

PSYCHOLOGICAL LEVEL in a sense that traders are on the line of either keeping it or trading it for a tendency of the btc's value to either take a high jump or drop. This is a bit similar to panic buying/selling where traders feel worried about something that might happened right before their eyes, especially in the world of cryptocurrency where every crypto's value might just take a big change in a matter of seconds.

We're really hoping for btc to regain its high value, and that it will reach the $20,000 level again one day. It's just awkward to think that btc value has once reached $20,000, and then later on, wasn't able to maintain it.


Title: Re: Bitcoin Revival is On The Way - According to a trader
Post by: aioc on April 01, 2019, 06:14:52 AM
CNBC's Seema Mody interviewed Futures Now traders, Jim Iuorio and Scott Nations last night.

Jim called the $4,000-level of bitcoin value as the PSYCHOLOGICAL LEVEL. Scott also said that he's not into this change in bitcoin value because he doesn't see the fundamentals that would drive it to a new level. Jim also added that people once tried to use gold as substitute to fiat, but they didn't like it anymore, so people searched for another substitute and that's BITCOIN.

I agree with them. Other than fiat, bitcoin is the second most popular mode of payment now esp. in the cyber era where almost everything runs through computers. Bitcoin's value might just need more time to recover esp. with these governments' new rules regarding the use of bitcoin as payment.

Your thoughts, guys? Do you think bitcoin will be soaring high again in the near future?



I'm 100% sure that Bitcoin will be soaring high in the future, next year we will see a positive sign that Bitcoin will hit another all-time high again, I don't need these experts opinion they are just riding the waves, the main reason, of course, is the Bitcoin halving and the coming approval.


Title: Re: Bitcoin Revival is On The Way - According to a trader
Post by: ethereumhunter on April 01, 2019, 04:35:28 PM
CNBC's Seema Mody interviewed Futures Now traders, Jim Iuorio and Scott Nations last night.

Jim called the $4,000-level of bitcoin value as the PSYCHOLOGICAL LEVEL. Scott also said that he's not into this change in bitcoin value because he doesn't see the fundamentals that would drive it to a new level. Jim also added that people once tried to use gold as substitute to fiat, but they didn't like it anymore, so people searched for another substitute and that's BITCOIN.

I agree with them. Other than fiat, bitcoin is the second most popular mode of payment now esp. in the cyber era where almost everything runs through computers. Bitcoin's value might just need more time to recover esp. with these governments' new rules regarding the use of bitcoin as payment.

Your thoughts, guys? Do you think bitcoin will be soaring high again in the near future?



I'm 100% sure that Bitcoin will be soaring high in the future, next year we will see a positive sign that Bitcoin will hit another all-time high again, I don't need these experts opinion they are just riding the waves, the main reason, of course, is the Bitcoin halving and the coming approval.

No doubt for that. I will prepare myself to sell some bitcoins and make money again like before. I hope that the price can increase and make the highest price again. Maybe we will see a surprise from bitcoin before the halving happens, and then after halving, the price will increase. Although we still don't know how much the price can reach, I still believe that the price will reach more than just $7000.


Title: Re: Bitcoin Revival is On The Way - According to a trader
Post by: ChrisPop on April 01, 2019, 04:39:21 PM
I believe that 2020 will mark the beginning of the actual cryptocurrency era. The financial system needs and not only needs a serious upgrade. And cryptocurrencies are the right answer in my vision.


Title: Re: Bitcoin Revival is On The Way - According to a trader
Post by: SiDtHeBeSt on April 01, 2019, 04:52:03 PM
Some say Bitcoin would sore up in value some say it won't go any further but what I think is Bitcoin value might increase in the coming time but it would take time because of all the government rules and regulations and also the acceptability of Bitcoin in every country. I won't predict that Bitcoin value would hit 20k once again it might but maybe a lot later for now it should rise up to like 10k .


Title: Re: Bitcoin Revival is On The Way - According to a trader
Post by: lovesybitz on April 01, 2019, 05:37:42 PM
CNBC's Seema Mody interviewed Futures Now traders, Jim Iuorio and Scott Nations last night.

Jim called the $4,000-level of bitcoin value as the PSYCHOLOGICAL LEVEL. Scott also said that he's not into this change in bitcoin value because he doesn't see the fundamentals that would drive it to a new level. Jim also added that people once tried to use gold as substitute to fiat, but they didn't like it anymore, so people searched for another substitute and that's BITCOIN.

I agree with them. Other than fiat, bitcoin is the second most popular mode of payment now esp. in the cyber era where almost everything runs through computers. Bitcoin's value might just need more time to recover esp. with these governments' new rules regarding the use of bitcoin as payment.

Your thoughts, guys? Do you think bitcoin will be soaring high again in the near future?


Bitcoin is a good way to send money anywhere / everywhere in the world at an instant that's why many are attracted to how the bitcoin is used in sending and receiving money aside of buying and selling online to those who accept cryptocurrency. Whatever the market condition is, the journey of bitcoin is still early to tell and people accept the fact that it will stay long because of its usefulness and revival is not a question but how it will rebound sooner.

Here in my country Bitcoin was most often being used for sending money through remittances, paying bills, and tuition fee, also bitcoin now in a couple of days past, I had noticed that it goes little by little which I think We are now entering into bull run I guess, so hold on tight for now guys.


Title: Re: Bitcoin Revival is On The Way - According to a trader
Post by: ranman09 on April 01, 2019, 07:04:15 PM
~

Your thoughts, guys? Do you think bitcoin will be soaring high again in the near future?



I'm 100% sure that Bitcoin will be soaring high in the future, next year we will see a positive sign that Bitcoin will hit another all-time high again, I don't need these experts opinion they are just riding the waves, the main reason, of course, is the Bitcoin halving and the coming approval.

No doubt for that. I will prepare myself to sell some bitcoins and make money again like before. I hope that the price can increase and make the highest price again. Maybe we will see a surprise from bitcoin before the halving happens, and then after halving, the price will increase. Although we still don't know how much the price can reach, I still believe that the price will reach more than just $7000.

I have known by researching here that halving (payment on miners divided in half) happens every four years "by design". But I didn't know that it needs approval? *see bold.

And how exactly it will affect prices to soar high? Is this based on statistics, history or economics?


Title: Re: Bitcoin Revival is On The Way - According to a trader
Post by: TalkStar on April 01, 2019, 07:49:22 PM
Bitcoin recent price showing good signs for worldwide crypto traders. Its obvious that bitcoin will start its run soon but one thing makes me surprised that bitcoin still keeping strong support on 4000$. which traders have got vast knowledge about the crypto bump market situation already getting back on their favourite exchanges IMO. you can see the great difference if you just keep your attention on some exchanges current total volume. where some days earlier in many exchanges volume was far lower but now its increasing day by day. Bitcoin golden time going to come again soon and just be prepared to see that moments.


Title: Re: Bitcoin Revival is On The Way - According to a trader
Post by: Indrawan77 on April 01, 2019, 11:32:01 PM
I doubt about bitcoin is the second most popular payment method, I still rarely see bitcoin payment acceptances in big ecommerce, but I see a big future for bitcoin, many people are satisfied after using bitcoin as payment, I do believe that the price could go up again, but it still need some time, its better slow and steady rather than fast but in the end got major correction


Title: Re: Bitcoin Revival is On The Way - According to a trader
Post by: CaVO32 on April 01, 2019, 11:37:12 PM
I doubt about bitcoin is the second most popular payment method, I still rarely see bitcoin payment acceptances in big ecommerce, but I see a big future for bitcoin, many people are satisfied after using bitcoin as payment, I do believe that the price could go up again, but it still need some time, its better slow and steady rather than fast but in the end got major correction

though it is not the second most popular payment method at the moment, I believe we are going to that direction. if big online merchants will start accepting bitcoin or other altcoins as their payment method, then we might see an immense effect on bitcoin's price. til then, it is better to have a steady increase rather than a steep climb, which is usually  a scary thing in crypto.


Title: Re: Bitcoin Revival is On The Way - According to a trader
Post by: jakezyrus on April 02, 2019, 12:14:50 AM
I doubt about bitcoin is the second most popular payment method, I still rarely see bitcoin payment acceptances in big ecommerce, but I see a big future for bitcoin, many people are satisfied after using bitcoin as payment, I do believe that the price could go up again, but it still need some time, its better slow and steady rather than fast but in the end got major correction

though it is not the second most popular payment method at the moment, I believe we are going to that direction. if big online merchants will start accepting bitcoin or other altcoins as their payment method, then we might see an immense effect on bitcoin's price. til then, it is better to have a steady increase rather than a steep climb, which is usually  a scary thing in crypto.

second ? no its not   . bitcoin is the top and will always be the top payment method online  . and i agree on you guys that its better to see steady small increase than huge pumps but in volatile conditions  . when it comes to rivals , sure there are lots of rivals for bitcoin but none of them ever succeed to de throne bitcoin  .  now there is another rival on  the way ?  well good luck to him  .


Title: Re: Bitcoin Revival is On The Way - According to a trader
Post by: muratsink on April 02, 2019, 01:00:05 AM
First, I say that gold is different from BTC, gold has intrinsic value in the public eye, but gold is not a new innovation, because people before us make transactions using gold. even fiat is an innovation that replaces gold. but I doubt the existence of fiat will last for a long time. but gold has been trusted. the public likes gold, but the public does not like gold to be used for transactions.
second, I am sure BTC will create a bullish market again in the future. 2020 will be the bullish year for BTC.


Title: Re: Bitcoin Revival is On The Way - According to a trader
Post by: timerland on April 02, 2019, 01:27:43 AM
I agree with them. Other than fiat, bitcoin is the second most popular mode of payment now esp. in the cyber era where almost everything runs through computers. Bitcoin's value might just need more time to recover esp. with these governments' new rules regarding the use of bitcoin as payment.

I think you're stretching it a bit too much here unless you are classifying FIAT as literally every payment if so, the only 2 payment methods in the would-be Crypto and Fiat, and the difference is huge here.

Fiat will mostly be on top for regular purchases, like buying coffee or paying for dinner at a restaurant, I don't think mainstream businesses will adopt this new payment method, especially since transactions on BTC takes upwards of 15 mins to confirm, maybe eth since that confirms within   a minute.

Bitcoin will most likely be used for new tech, and buying and doing stuff related to it, I feel crypto will dominate online payments over the next 20 or so years.



Title: Re: Bitcoin Revival is On The Way - According to a trader
Post by: Johnzky on April 02, 2019, 12:34:51 PM
What does he mean by "PSYCHOLOGICAL LEVEL"?
Anywho, yes, I do believe the value will go up again, in time.

PSYCHOLOGICAL LEVEL in a sense that traders are on the line of either keeping it or trading it for a tendency of the btc's value to either take a high jump or drop. This is a bit similar to panic buying/selling where traders feel worried about something that might happened right before their eyes, especially in the world of cryptocurrency where every crypto's value might just take a big change in a matter of seconds.

We're really hoping for btc to regain its high value, and that it will reach the $20,000 level again one day. It's just awkward to think that btc value has once reached $20,000, and then later on, wasn't able to maintain it.

Wow very complete and understandable explanation,and its bad that even that people know the volatility and decentralization of cryptocurrency still they are panicking without constant trust in each coins they bought,and most specially in bitcoin that everybody knows how consistent in recovery and regaining its momentum


Title: Re: Bitcoin Revival is On The Way - According to a trader
Post by: aad140386 on April 02, 2019, 01:14:37 PM
In any case, today Bitcoin was finally able to break through the resistance and rushed to $ 5,000 for Bitcoin. I don’t know how long this growth will be, but in spite of everything, bitcoin is still fundamentally strong. The blockchain continues to evolve, the demand for blockchain specialists is growing, the number of transactions in the network is steadily increasing. Many large companies create departments for the prospects of implementing the blockchain in their activities. It seems to me that the current fall in prices throughout the year should be viewed not as a bear market, but as a correction after a rise. This is especially evident on the monthly chart.


Title: Re: Bitcoin Revival is On The Way - According to a trader
Post by: Gaff on April 02, 2019, 01:17:29 PM
First, I say that gold is different from BTC, gold has intrinsic value in the public eye, but gold is not a new innovation, because people before us make transactions using gold. even fiat is an innovation that replaces gold. but I doubt the existence of fiat will last for a long time. but gold has been trusted. the public likes gold, but the public does not like gold to be used for transactions.
second, I am sure BTC will create a bullish market again in the future. 2020 will be the bullish year for BTC.

I think that's far away from bullish trend if expect it on 2020 mate, we need to focus more on the nearest possibilities. That's agreeable bitcoin will be into bullish market, and the actual date cannot be pointed out because of it's unpredictable behavior. Currently we seen some slight growth over market pumps but it doesn't guaranteed safe for now. There might be some traps behind it, but it was just a mere speculations so it's always better to monitor certain fluctuations.


Title: Re: Bitcoin Revival is On The Way - According to a trader
Post by: jhonjhon on April 02, 2019, 02:10:29 PM
First, I say that gold is different from BTC, gold has intrinsic value in the public eye, but gold is not a new innovation, because people before us make transactions using gold. even fiat is an innovation that replaces gold. but I doubt the existence of fiat will last for a long time. but gold has been trusted. the public likes gold, but the public does not like gold to be used for transactions.
second, I am sure BTC will create a bullish market again in the future. 2020 will be the bullish year for BTC.

I think that's far away from bullish trend if expect it on 2020 mate, we need to focus more on the nearest possibilities. That's agreeable bitcoin will be into bullish market, and the actual date cannot be pointed out because of it's unpredictable behavior. Currently we seen some slight growth over market pumps but it doesn't guaranteed safe for now. There might be some traps behind it, but it was just a mere speculations so it's always better to monitor certain fluctuations.
The current market flows is very noticeable to everyone and they'll might thinking for the bullish trends but aren't exactly we are now today.
With this, I'm always be looking forward to finally came out from the long bears we have and going into the time of bullish.
We are looking good today and it may continue to fly high, and to give complements to all of us.


Title: Re: Bitcoin Revival is On The Way - According to a trader
Post by: uszaty43 on April 02, 2019, 02:35:33 PM
The rise of bitcoin is just a stone throw away and the sudden rise in the value of bitcoin's price proved it all. Many crypto enthusiasts have been making some analysis at the beginning of this year about the rise of bitcoin within this year and i am very glad it is finally coming to pass. The rise of bitcoin will also cause altcoins to rise in value.


Title: Re: Bitcoin Revival is On The Way - According to a trader
Post by: veleten on April 02, 2019, 02:48:21 PM
bitcoin revival is just a matter of time , with adoption the price increase will come
one way or another it is not going to "die" or "disappear"
the price fluctuates and even compared to the prices two years ago we have 300% + growth
the temporary 18.000$ peak last December was shortlived , but many predict it to go higher than that before 2021
HODL and wait , there is nothing wrong with this simple strategy


Title: Re: Bitcoin Revival is On The Way - According to a trader
Post by: munareal on April 02, 2019, 02:56:23 PM
Bitcoin does not need to be revived because the crypto market place is highly unstable which affects the value of the cryptocurrency. Only market forces really affect bitcoin and when there is a wide acceptance the better for us


Title: Re: Bitcoin Revival is On The Way - According to a trader
Post by: meanwords on April 02, 2019, 03:10:07 PM
I guess that prediction came true after all. Look at the price now. I'm just surprised at how much Bitcoin priced in increased in such a short period amount of time. Looking at the chart, it got pumped so hard and it's being stable at the moment. But let's see what is going to happen in the next few weeks.


Title: Re: Bitcoin Revival is On The Way - According to a trader
Post by: TheUltraElite on April 02, 2019, 03:29:53 PM
Bitcoin does not need to be revived because the crypto market place is highly unstable which affects the value of the cryptocurrency. Only market forces really affect bitcoin and when there is a wide acceptance the better for us
The irony is that bitcoin has already died several times. No wonder this has become a joke now that bitcoin is dead along with an adjective such as "officially, truly" and so on. The fact is that a speculative market price of an asset can rise and fall as per trading going on. Nobody can say that it is dead if it remains at low price for a certain period of time.

People are speculating on the price, buying and selling as they keep on doing it. There will always be ups and downs and today the market is showing 15% gains on bitcoin. How far that will go is again speculation. There will be a drop soon so be prepared for that.


Title: Re: Bitcoin Revival is On The Way - According to a trader
Post by: coin-investor on April 02, 2019, 03:30:05 PM
CNBC's Seema Mody interviewed Futures Now traders, Jim Iuorio and Scott Nations last night.

Jim called the $4,000-level of bitcoin value as the PSYCHOLOGICAL LEVEL. Scott also said that he's not into this change in bitcoin value because he doesn't see the fundamentals that would drive it to a new level. Jim also added that people once tried to use gold as substitute to fiat, but they didn't like it anymore, so people searched for another substitute and that's BITCOIN.

I agree with them. Other than fiat, bitcoin is the second most popular mode of payment now esp. in the cyber era where almost everything runs through computers. Bitcoin's value might just need more time to recover esp. with these governments' new rules regarding the use of bitcoin as payment.

Your thoughts, guys? Do you think bitcoin will be soaring high again in the near future?



Bitcoin is meant to be used as a peer to peer payment processor, and since it is gaining worldwide attention and adoption, people will adapt and get hold of Bitcoin because they all knew the value will go up over the years, so it's definitely going to soar high in the future but don't expect 41 million in just 3 years.


Title: Re: Bitcoin Revival is On The Way - According to a trader
Post by: Pamadar on April 02, 2019, 04:09:39 PM
I guess that prediction came true after all. Look at the price now. I'm just surprised at how much Bitcoin priced in increased in such a short period amount of time. Looking at the chart, it got pumped so hard and it's being stable at the moment. But let's see what is going to happen in the next few weeks.
If there's a support barrier that will keep this price to hang from it's current position it can attract more believers and new investors to look at it and see also the potentials, more people to get involve more rise to comes up and possibility to make a big rise,  investors and holders will play a big role around this market, aside from big whales they are the big factors that will make things happened.


Title: Re: Bitcoin Revival is On The Way - According to a trader
Post by: Becky666 on April 02, 2019, 04:28:07 PM

Your thoughts, guys? Do you think bitcoin will be soaring high again in the near future?


Absolutely YES, Bitcoin demand in the nearest future after which it adoption stage has be complete, the price will soar higher base on the demand. I absolutely believe the trader insight into Bitcoin future, Bitcoin will contend with fiat because the era we are now is no longer an analog era but digital era. Hope the current market price be sustain as the price continue to grow.


Title: Re: Bitcoin Revival is On The Way - According to a trader
Post by: Netnox on April 02, 2019, 05:06:04 PM
I am not much excited with this argument. I don't think that there is any significance attached to the $4,000 per coin level.  How can you say that 4K is important to the traders when 3K and 5K isn't?


Title: Re: Bitcoin Revival is On The Way - According to a trader
Post by: Chikitita2004 on April 02, 2019, 05:09:51 PM
Bitcoin's never been dead by the way so it doesn't have to be revived. The bull run is on the way probably. Yes it is true, bitcoin is next to fiat when it comes to payment means but I don't think there is another aside from fiat. Bitcoin at the present is in good status compared to how it was years ago but investors had a taste of a better price a year and a half ago so they are no longer contented and excited with the current value.


Title: Re: Bitcoin Revival is On The Way - According to a trader
Post by: Malsetid on April 03, 2019, 12:23:58 AM
I am not much excited with this argument. I don't think that there is any significance attached to the $4,000 per coin level.  How can you say that 4K is important to the traders when 3K and 5K isn't?

It's likely that it's their opinion only based on how they analyzed the current and oast movements. Any trader could have made such analysis and prediction. I guess it's been too long that we've been in the 3k plus levels that stabilizing abive 4k would be a big boost in confidence and hopes of t least some traders and holders.


Title: Re: Bitcoin Revival is On The Way - According to a trader
Post by: Syakbrown on April 03, 2019, 01:45:49 PM
CNBC's Seema Mody interviewed Futures Now traders, Jim Iuorio and Scott Nations last night.


Your thoughts, guys? Do you think bitcoin will be soaring high again in the near future?

yes I believe in this matter, you have seen it in these two days. it's only a matter of time that bitcoin will soar again and we have to believe this.


Title: Re: Bitcoin Revival is On The Way - According to a trader
Post by: Jating on April 03, 2019, 01:58:31 PM
And it is testing $5k again. Lol.

I guess every trader, specially those experienced, known the price movement based on their TA so I'm not surprised if there are a lot of traders pointing that bitcoin is on the road to recovery.

That's what makes this ecosystem lively, a lot of sharing, we might not agree with some, but majority has good input that we can really verify easily by just looking at the current price movement.


Title: Re: Bitcoin Revival is On The Way - According to a trader
Post by: Beerwizzard on April 03, 2019, 02:05:13 PM
Price predictions from those traders are far not always true. Traders are getting money on any kinds of price movement. No matter of the price is growing or not. The main problem is to predict the vector of the price movement in short period of time. Even if the price is falling traders will still be able to get their money. It seems like the guys from the OP's post recently placed some buy orders.


Title: Re: Bitcoin Revival is On The Way - According to a trader
Post by: tweetbit on April 03, 2019, 02:12:05 PM
According to my mother, I’ll be a doctor 4 years ago and now I’m nothing. See it always not true, but it is possible. So the term “according” doesn’t count as reality, but just a prediction.

I want it to happen? Yes and No.

Yes because bitcoin deserve more attention and the hype about it isn’t worth at today’s price. It’s more valuable at this generation, but the financial system is holding it back.

No, because I don’t want to give credit “the expert” the luxury of being the main guy who turns the table of its rise.


Title: Re: Bitcoin Revival is On The Way - According to a trader
Post by: Ipwich on April 04, 2019, 07:41:40 AM
Price predictions from those traders are far not always true. Traders are getting money on any kinds of price movement. No matter of the price is growing or not. The main problem is to predict the vector of the price movement in short period of time. Even if the price is falling traders will still be able to get their money. It seems like the guys from the OP's post recently placed some buy orders.
Their price prediction could be honest or bias, we will never know unless we also make our own analysis.
I don't follow in others prediction, though I listen to them but it's still good if you are fully agreeing with them before you make a decision.
Following them blindly will cost a trader a lot of money.


Title: Re: Bitcoin Revival is On The Way - According to a trader
Post by: bitbunnny on April 04, 2019, 07:53:49 AM
I'm still in the phase of closely watching the market and making my own analysis. Following predictions could lead to a wrong way. Besides, there are too many "experts" with their own (wrong) theories. Price rise is a good news but it's still too early to say if this is the way to full revovery or just a phase that is going to end soon.


Title: Re: Bitcoin Revival is On The Way - According to a trader
Post by: Kelvinid on April 04, 2019, 01:14:20 PM
CNBC's Seema Mody interviewed Futures Now traders, Jim Iuorio and Scott Nations last night.


Your thoughts, guys? Do you think bitcoin will be soaring high again in the near future?

yes I believe in this matter, you have seen it in these two days. it's only a matter of time that bitcoin will soar again and we have to believe this.
Two days rising isn't be enough to think that bitcoin will soar again,  I just consider this time as a simple fluctuations, changing a huge numbers of demands. We might have to wait for few more days before we confirm for the occurrence if bulk market. Yet,  we got stabilize and continue to show small pumps but still we need more to show us.


Title: Re: Bitcoin Revival is On The Way - According to a trader
Post by: gabmen on April 04, 2019, 03:58:58 PM
CNBC's Seema Mody interviewed Futures Now traders, Jim Iuorio and Scott Nations last night.


Your thoughts, guys? Do you think bitcoin will be soaring high again in the near future?

yes I believe in this matter, you have seen it in these two days. it's only a matter of time that bitcoin will soar again and we have to believe this.
Two days rising isn't be enough to think that bitcoin will soar again,  I just consider this time as a simple fluctuations, changing a huge numbers of demands. We might have to wait for few more days before we confirm for the occurrence if bulk market. Yet,  we got stabilize and continue to show small pumps but still we need more to show us.

The term soaring high is a bit off for me though. We've seen a good growth in the past few days but i'd advice against getting too excited about it. There are different traders with different views and not all of them agree to those traders mentioned.


Title: Re: Bitcoin Revival is On The Way - According to a trader
Post by: XCANA on April 04, 2019, 04:12:38 PM
Basically, the increase in the price of Bitcoin means alot to this family. The words of the trader remind me of 2017 before the bullish trend of Bitcoin price. Most people thought Bitcoin was dead but disappoint them again in 2019.  The trader was pessimistic about the rise in the price of Bitcoin.


Title: Re: Bitcoin Revival is On The Way - According to a trader
Post by: bhabygrim on April 04, 2019, 04:24:49 PM
Well seem's like they are right about it and I wish I have some extra money to buy some last week.
In the past few days we have seen the price slowly increasing and it is now around $4984 it also hit $5,100 earlier .
I hope that it wouldn't get any lower than $4,500,I also hope that it would continue to get higher.


Title: Re: Bitcoin Revival is On The Way - According to a trader
Post by: TheUltraElite on April 08, 2019, 02:14:46 PM
Besides, there are too many "experts" with their own (wrong) theories.
Talking about those experts, most of them are just dipshit nutheads who are promoting their own scam coins that they have been paid to promote. Who cares about what you buy and if you are buying a shitcoin or not. They want their money and they will poke your instinct in every manner possible so that you buy into their koolaid propaganda. Do not trust any so called "financial advisor" but do your own research. Those guys are the one actually making money from both the coins whom they are promoting and also from the members who are paying them for their advise.

Besides doing a little bit of TA is not tough if you are willing to learn it from the internet writeups. Do that and although it wont be successful everytime but it can be helpful in many ways.


Title: Re: Bitcoin Revival is On The Way - According to a trader
Post by: Indamuck on April 08, 2019, 02:49:56 PM
Bitcoin doesn't need a revival because it never died.  It still works just as fine when the price is low.  Still handles millions of transactions  across the globe without middleman.   But most people see it as a speculative tool instead of what it is meant to be.


Title: Re: Bitcoin Revival is On The Way - According to a trader
Post by: andieoke on April 08, 2019, 06:11:14 PM
The rising price of Bitcoin lately is indeed a revival of Bitcoin. And this is a very good sign. Bitcoin, which had a very high value at the end of 2017, continued to decline from the beginning of 2018 to the present, making some people worried about the future of Bitcoin. but after seeing Bitcoin prices rise lately it has made people excited again.


Title: Re: Bitcoin Revival is On The Way - According to a trader
Post by: Slark on April 08, 2019, 06:57:02 PM
I believe that bitcoin has a promising future. Many successful traders say that bitcoin will grow, and I also tend to believe it.


Title: Re: Bitcoin Revival is On The Way - According to a trader
Post by: miropp on April 08, 2019, 07:02:12 PM
Definitely. Bitcoin will cost much more by the end of the year, but before that, we may see another decline in the price. You have to be careful and make deals very carefully.


Title: Re: Bitcoin Revival is On The Way - According to a trader
Post by: sammyp on April 08, 2019, 09:06:06 PM

Your thoughts, guys? Do you think bitcoin will be soaring high again in the near future?


Why not, Bitcoin was never meant to remain at its current price. It is going to be a very valuable asset in the future and thus the reason why it has to surpass this current stage of growth. I believe that what ever caused bitcoin to rise to its peak in 2017 will happen again and probably with a greater momentum.


Title: Re: Bitcoin Revival is On The Way - According to a trader
Post by: ecnalubma on April 08, 2019, 11:58:51 PM
Bitcoin is not dead and I think it does't need revival, the growing numbers of transactions and adoptions is a sign that its far from being dead. I believe its the most valuable asset aside from gold and silver, maybe one day it will outrank that particular assets too If investors realize that it has no potential value then possibly it will not reach a decade.


Title: Re: Bitcoin Revival is On The Way - According to a trader
Post by: TheUltraElite on April 13, 2019, 05:20:59 PM
I believe that bitcoin has a promising future.
Who doesnt? ;D I mean would you even be in this forum if you were a shitcoiner?

Quote
Many successful traders say that bitcoin will grow, and I also tend to believe it.
Here is something that you should be careful of. Try not to listen to what other traders say unless they are very close friends whom you know in real life. Majority of these "advisers" are paid shills and/or bagholders of shitcoins trying to dump their coins but not getting a pumped up price to sell them. So they resort to this type of advertising and promote good things about their shitcoin. Not everyone is like them though so dont generalize my statement but it is the majority. So be careful whom you listen to.

Remember the best person to ask for advise when in doubt in crypto, is yourself. ;)


Title: Re: Bitcoin Revival is On The Way - According to a trader
Post by: electronicash on April 13, 2019, 05:28:50 PM

bitcoin is just 10 years old, its surprising to see its price go high up to $20K last 2017 which could be the reason why some consider it a bubble. being just too early for btc of course it will go more than $20k in the next years to come but there has to have adoption. if the price goes to the moon without yet the adoption, all the more it will after regulations and adoption.