Bitcoin Forum

I found this article on cointelegraph :https://cointelegraph.com/news/nearly-10-billion-in-btc-is-held-in-wallets-of-8-crypto-exchanges (https://cointelegraph.com/news/nearly-10-billion-in-btc-is-held-in-wallets-of-8-crypto-exchanges). I wonder  if they had the control over the price, they can make a bearish run or even they can wake the bull up? Well for sure there is only one thing to expect it is having a good price in the future. What is your thought if the 10 billion worth of bitcoin will move?

it is not possible to see the competitors get involved with each other and start  cooperating to manipulate the market which is something illegal by the way. the more the number of exchanges the harder it is. right now as we have a dozen big bitcoin exchanges each of which having less than 8% of the volume there simply is no way any of them cooperates with others and individually they have no power.
remember than last time an exchange manipulated the market it was 2013 and it controlled more than 90% of the volume alone.

I'm hearing a rumor that bitcoin could go bullish this month, there is only one way to find that out, and that is to hold our bitcoins and hold our temptations to sell in this bearish market that is rampaging in the cryptocurrency market since February 2018. The only thing I know is that bitcoin always make an epic comeback, it is more like bitcoin is just teasing us and then will just go to the moon in an instant.

In my opinion, it doesn't matter what exchanges or any other big players do.
Bitcoin movement is upward in long term. I am holding for the next 5-10 years, so there is no problem if we crash now. I can buy more :)

I wouldn't recommend anyone to sell their Bitcoin now. I believe that it will be worth holding Bitcoin for next year. I guess Bitcoin will break the record on next year and force 30k.

I think holding bitcoin is more important when the market is going up because that way you can make lots of profits. Holding bitcoin when the market is going down has no benefit since you are losing money. the best thing to do is move out and wait until when the market starts recovering then you invest again.

Good way of thinking, it can help to avoid unnecessary movement where we might do panic selling if we are worried about the possible crash of bitcoin, some investor doesnt see it as a good opportunity to buy more, they rather sell their invesment than to lose more, but they do not know that it would be better if they buy more and add their investment.

The next move of bitcoin have always become very unpredictable, anything is possible in the world of cryptocurrencies, is either you win or lose at the end of the day. Just look at what happened within such a short period of time, we have moved from $9k to $8k  and it seems we are  moving back  to $9k again.

I see bitcoin price going about $17,000 by the end of the year,   in long run I expect bitcoin to exceed it's previous all time high and create a new all time high,  we all are just speculating,  no one can give accurate price about bitcoin,  but I believe that the long run will be worth a whole lot

If I understand correctly, these coins that are in these exchanges are from several people (they are customers of these exchanges)... which means that it is something normal since we are talking about exchanges (a place where you buy and sell cryptos) . It is impossible for all customers to combine and sell their coins at the same time.

I have neutral feelings if ever we'll see that 10 billion move. I'm looking for more of that in the future, we will see transactions more than that because price of bitcoin is going to be higher than ever.

Next year or more is a sign that you are looking forward to see the higher price of bitcoin. Holding bitcoin is worth it ever since not just for this year. Although I still see sign of worry and doubt for those who are following huge transactions which seem to be normal these days.

I agree with you although we cannot be sure when the pump will happen only that it will. We all know now that governments aren't openly trying to stop bitcoin and even if they did they wouldn't succeed. The time for that was years ago when they were ignoring it and when they saw it as something big it was already too late because some countries legalized it and created safe tax havens for people to run to.

Bitcoin will be big. It can take 5 or even 10 years but it will happen.

Bitcoin will be worth to hold in the long run because the price of it will always go upward in the future no matter what happens. It's just that the bullish trend is not just happening but we will see it eventually.

That's just too much for a speculation. I don't see any signs that Bitcoin would reach that price by the end of this year. I think it would stick closer to the stable price of $11k+ or something.

The exchanges with that much BTC could definitely make a hefty dent in the market if they wanted to, but I'm pretty sure that BTC isn't actually there's, it's more their customers who are storing BTC on the exchange.

Could you imagine the bear market we could have if they started dumping the BTC? We would see such a huge snowball effect and it'll take a long time to recover over something like that.

Personally, I think we'll hit the 15,000 regions next year and I'm waiting for that time.

Can you mention your reasons to say this? or you just speculate because of the big amount?
If they really control the prices, they must plan to rise it someday. Since the bearish has happened, then they must plan to end it and rise it to gain profits. Yeah, they may have the power to make bearish and bullish. But we don't so worry, Bitcoin doesn't depend on whales only. It has a future to be a real digital currency. As long as we are going to the goal, I am still sure to hold both the short or long term.    

It will be worth it if you have more bitcoin than any shitcoins but if you just hold small amount of bitcoin then don’t expect big profit. Start saving bitcoin now, don’t thinks its too late because its not there’s still a chance for a $50k price per bitcoin in the future, so make this motivation to buy more.

if some exchanges work together and they hold lots of bitcoin, maybe even hundreds of thousands of bitcoins, of course they can move the market price, just like whales move the market price even a little,
especially if it has touched 10 billion, this will be a big spike in the future.

If you are investing for a long term, the prices this year would mot matter. Most investors are accumulating bitcoin and waiting for every dip in the market to buy chunks of bitcoin. Once the bull market starts those who patiently and took advantage of the bear market will gain a lot of money due to their patience. So, I guess the best thing to do for now is to accumulate as much as you can while the prices are cheap.

No one can guarantee you that bitcoin will have good increase this year. But many people are being positive this year.

Holding bitcoin long term is better. Halving is approaching and governments and companies are starting to appreciate blockchain. The US government too even with strict rules is also giving go signals on some exchanges.

It can surely affect the price of bitcoin if 10 billion worth of bitcoin will be move but if it will be use to pump the price then it can surely increase the price of bitcoin in a short period of time.

Buying bitcoin as of now will be worth a long time of investment and not for this year only as it will surely take time for the bitcoin price to recover. Maybe in midst of 2020 we can see the price of bitcoin to x2 or x3 which is good price to sell.

I came to know some whales didn't use exchange to transact bitcoin hence just use p2p exchange instead. So what if this 10 billion worth of bitcoin is happening now and then but we aren't aware of.

Yes, people can control the market and can make it a bull whenever they want and this year isn't the year we are all waiting for.

Obviously, Holding Bitcoin would be a great source of earning more Bitcoin, I think This year is somehow will be remembered for passing the 10th-year anniversary of Bitcoin and so at the end of this year, I hope there will be something special, so it will be worth for you if you hold Bitcoin, But I don't think that Bitcoin price is controlled because of having the decentralized system, it could have happened that there is a group of bulk Bitcoin holder, so they are doing a market mechanism by buying and selling their Bitcoin, in this way they could hamper the price, anything could happen in this techno-based era, but in terms of profit, I think holding Bitcoin is the best way to make it happen.

If that $10B worth of bitcoin will be moved and sold immediately that will cause chaos and whenever these coins are moved im sure this will create a big question for us and price of bitcoin will either go down or go pump because of that, some people may panic and sell urgently and some people will start getting curious about the moving of bitcoin funds from these exchanges.

There are lots of speculations that it will be a year of Bitcoin and I never doubt it. This season is the most awaited year of most investors. I also believe that the bullish market would occur by the end of the year. There are lots of incoming events involving cryptocurrency and it will surely bring a huge positive impact on Bitcoin. There's no harm in believing in positive speculation. Let's just hope for the best.

we think that holding bitcoin will be worth by the end of this year because we have seen a few days ago that the price of bitcoin has increased compared to the beginning of last year, so at the end of 2020 I think bitcoin will be worth also with prices going up, why I say it is because if we see from last year's bitcoin it's always valuable at the end of the year.

The fact that there are loads of coins hoarded are not a given that these people would stand together to influence the price. Many wallets are owned by individuals, because people split their hoard into multiple addresses. We cannot deny that there are groups of people out there that might be synchronizing trades to influence the price, but it has not been proven yet.

The fact that people are doing this, does not guarantee a higher price in the future. They might trigger a Bull run, but it will only have a short-term influence on the price. Most people seem to think Bitcoin Whales are just a myth, but I believe they exist and they are very active behind the fluctuations in the price.  ;)

I don't think moving a large amount of bitcoin will affect its value but it can be use to make a huge pump or decrease ita value it really depends.

And holding of bitcoin for a long term is really a good investment since the value will most likely to go up high more. And it also depends if you want to esrn some good profit by just selling and buying of your bitcoins. It's very practical.

I agree, holding bitcoins at this time of the year would be
advantageous and will be fruitful by the end of the year.  I
do hope that things will go well with bitcoins, its been a while
since we’ve experience it well priced. I’m staying positive
with bitcoins, it might be a rewarding year end after all.

I'd say one should take advantage of the current market conditions right now before the hype for the halving begins early on in 2020. Usually, pre-halving events are not really that good and is characterized by poor performance of bitcoin and other cryptocurrencies. Short-term, no substantial gains can be seen but in the long run it's definitely rewarding and will be worth the wait. One can still try to short the hell out of bitcoins while its performance is lackluster but we all know where that leads most of the time.

Bitcoin holders are certainly valuable and profitable if they make long-term investments that all depend on the strategy used, and long-term to get huge profits.
and many people predict that bitcoin will reach its highest value in 2020 and for the turn of the year is only a few months away and I hope that this increase can be proven.

If you are talking about over the counter sales then it will not reflect in the open market. All of the P2P exchanges in the market does trade with USDT and fiat currency rather than having a direct use of bitcoin. Even if there are huge amount of sales in the OTC exchanges there will be a time when there is no bitcoins available and when the supply and demand balances itself then we will see a rally  ;) 8).

Yes, there are many p2p whale transactions that are happening regularly. Some of them are either avoiding the higher fees, KYC, government regulations, tax, security, privacy, etc. These transactions aren't reflected in the open market but it can still affect market prices. These whales are still basing their prices in the open market because some of these whales serve as gateways to exchanges. 

That will be interesting if they can move the price. But I already see in the telegram, someone moves $29,926,581 from unknown wallet to unknown wallet. I don't have any idea if that news is right or not because there are no other sources that telling the same news (or I cannot find the other news). But it is difficult to move all of the exchanges markets and that will need a lot of money to change the price from the high price into the low price or from the low price into the high price.

With 10 billion, they have the power to move the prices down. Leaving these billions worth of Bitcoin in their wallets however will not change the prices. HODLing does not increase the price either. But at least it will not contribute to the selling or dumping. It still has a factor somehow to keep the prices running smooth.

In the long run, as has been shown in the historical chart of Bitcoin, the price will be moving up. That is always the bigger picture. There are countless of price drops if you zoom out though.

If any of the exchanges who are holding majority of the funds wants to manipulate the price they can really do that, we have seen market going down if a huge amount of coins are moved from dormant wallets and if an exchange with huge amount of coins think about moving the coins just make a fuzz on the market they can very well do that. When it comes to investment in bitcoin or any financial investment always go for the long term and make sure you evaluate the market regularly.

From the last year btitcoin is struggling to rise but we have not seen a major pump in the prices or say that bull run has not hit the market since then properly but only some price manipulations by the Whales.So we need to hodl btc for the long run if we want to see good returns on our holdings because the prices don't seems to rise by this year. The price is floating between $7-$8k from past few months.So just hodl.

I understand your thought that basically you were fear about it and the exchange have a power to manipulated the market if they want because they hold bitcoin worth $10 billion but luckly they didn't it or at least not yet and they hold it probably for exchange purpose or waiting till the price better than now and imagine if they sold it i think there will be massive dump

The 10 billion coin worth can move from one bitcoin wallet to another and there won't be any effect to the market but the panic that would be created by the ''wallet watchers'' are those that would create more problem than the initial movement. I don't think 10 billion can even move at once really however, should it happen, was it as a result of dumping or as a result of ensuring more safety to funds? Another factor to consider is the ownership of the coins, as much as it can be concentrated in few individuals controls, it might also be spread as much as possible which makes control of a direction difficult.

Whether bitcoin holding would be worth it eventually would depend on the timing one decides to cash out because to people who bought in 2016 deciding to cash out would definitely worth it for them compared to the individual who bought in 2017 when there was an all time high. The problem is knowing the when which is what makes the whole exercise an interesting endeavor.

^ Time will come they(whales)will get tired of doing controlling the market price. Let's just hope that it will happen though.
Anytime it will remove to another wallet but at least we are already warned on that. Yes, bitcoin is good for investing in the long run. Time to time there is a massive accumulating in Bitcoin and the demand will increase and the supply decreased. In that case, Bitcoin becomes expensive. Nevertheless, as of now, we have nothing to do is just ride the whale's plan.

Well.. the bitcoin in the exchange wallets are still theoretically users' money so they should be able to move them around. In my view it is a great time to HODL bitcoin as it is looking good on the longer timeframes. If you know a little bit of technical analysis it is obvious that the price action is above all moving averages which is a very bullish thing. On the fundamental part the halving is coming in May 2020 and the infrastructure of Bitcoin continues to be built, best example is Bakkt and CMEs. The Bitwise ETF got rejected, but that's no big thing. We don't need ETFs to moon  ;)

I totally agree with the words "exchanger is the biggest holder" and Twitter analyst crypto. When halving later the possibility of bitcoin value will rise, at this time the dominance of bitcoin in the market is very large compared to altcoin. FUDs that might come out later can be very difficult for the market, and if the value of BTC is as high as 10 billion how the transaction will be, many people will complain about transaction fees.

Actually thinking about decentralization of Bitcoin from Governments I think what we may have forgotten is that Exchanges too can become pretty powerful if they are starting to hold such a great amount of holding in bitcoin. 10 Billion in BTC is already a great amount which is bound to increase as the price gets more. Moreover if wee see there are just handful of major exchanges which control the whole market. If they try to form cartels of something of that sort this could raise a big series of problems for all of us. I think being controlled by governments is better than being controlled by such exchanges.

We don't have any other option but to make sure that our eyes is widely open so we can ride with how big whales moves around the market. It can be a big loses to our investment once we missed the ride, manipulations is easy for big bag holders creating artificial market movements and shake the market is where this whales are good with. Avoid rushing your decision making and always think twice while analyzing if how the market is moving it will help you to anticipate the possible outcome.

7% can still make a pump but not a long bull run and I don't think these 8 exchanges will connive just to pump Bitcoin, they are on competition between each other, and besides, we don't have an organization of exchanges yet, or I don't know if we have one and they are just hiding it to us, but they should not connive to pump the market.

Crypto is an illiquid market, so any trader with millions $$$ in coins or fiat will be able to drive the price up or down by 5-10% when executing a market order---this can be a totally legit order without the intention to manipulation prices.

People keep referring to manipulation when they see the price go down, but where are the same people when the price goes up? For real, how hypocritical can you be to only call manipulation when the market turns against you?

Even certain low cap stocks are experiencing 10-20% dumps occasionally, and that within a firmly regulated environment. It happens because of slippage---lack of liquidity not allowing people either to enter or exit in large quantities without losing value.

I think bitcoin investment will be worthier than holding. We should consider few scenarios, especially those that has a capability to influence the market price of bitcoin. And that will be considered as factors that affects the market accumulation, volume, and price. Simply, market adoption. The big news from China is enough to say that we are now facing a huge horizon of uptrend market in a few weeks.

Does exchange only provide a place for trading? I don't know if they also held a lot of bitcoin in their wallet. if they have that much bitcoin, of course exchange sites can make a big impact on the market. they can wake up bullish even bearish. of course what we expect the most is the high price in the future. but if the 10 billion moves will certainly have a big impact on the market, depends on what they want.

We really need more and more micro holders to come in and buy BTC, but because of the Bitcoin futures market, whales with a lot of USDT can also move the market by placing futures contracts without having to evne purchase one BITCOIN and can crash or moon the price accordingly. On the other hand, the more people come to buy and hold Bitcoin as part of their pension fund or wealth creation fund, then it might slowly go up again over time and grow in real value also.

Although I'm kind of a holder too, this affects the market prices negatively actually. Holding might shrink the amount of BTC in circulation and make it look like everybody's holding, but isn't the circulating BTC graph the same one that is used to show how much BTC is used compared to months/years ago?

We don't need holders and/or investors, we just need true believers. There's no point in having people hold their money in BTC if their only purpose is having a profit. Profit -> sell -> price shrinks.

This isn't a profit game but our maybe ONLY chance of actually getting rid of the banking system which basically turns you into a slave as soon as you decide to work with them.

I could believe it was worthy since before, today and by tomorrow. We could have something to put our trust and stop thinking about the way it was to stop. Bitcoin is worthy among the other coins in the market and nothing has to put doubts on these cause we know its capability even before.

We've been struggling crisis several times but we never-give-up instead, we become more positive just the way it looks. And even I don't see any bullish season but it keeps me believe.

Bitcoin is always worth, it just depends on if someone is short or long-term holder - and this year is certainly profitable for all who have to buy in range from $3k or $5k. No one can say for sure what will happen in two months or two years, there are speculations, but that does not mean that they should be blindly adhered to. The golden rule is that you never invest more than what you can afford to lose.

Regarding exchanges and the potential impact on the price, they can have an effect on the price, but not in a way you are thinking. A scenario in which all major exchanges agree to move $10 billion worth of coins is not realistic, this is not they money, it belongs to clients. What can affect the price is a possible hack of some big exchange, but I think most of them keep most funds in cold wallets.

If you have bought your bitcoin when the price was around 3000 to 4000$ it already is worth it. The price had doubled compared the last bear market, but still it is the best time to buy if you are intending to hold till the next bull market.

Just a funny comment while we are talking about HODL - - - there is even a HODL app by now  ;D https://coincash.eu/blog/hodl-app-everyday-companion-in-the-crypto-world

Bitcoin is worth this year compared to the last year, and it well worth it in the long run. But we might not see bitcoin price will increase in this short time because bitcoin still needs time before it's rise. Many people now trying to sell some bitcoin they have because many of them are already buying bitcoin when the price is at $3000-$4000. So they now are making a lot of money, especially for people who can sell their bitcoin when it reached $12k. In the next year, I guess we will see bitcoin price increase higher than the price now, so prepare yourself.

For me, I think, as I observe the market, I think it is better to invest in a short term, maybe like from time to time check the value of bitcoin and I think it is more profitable than the long term. Long term investment can only just waste our time for a small profit. I am not saying that I am right and follow what I just said. It is only my opinion and you can also observe the market on your own.

In my own view and expectattion I think bitcoin start worth before end of the year 2019 at the first quarter of the year 2020 possible bitcoin goes into bullrun so hilding bitcoin in long run is very worthy.





Wow great analysis mate and positive view for the bitcoin future, by the way mate I believe bitcoin before end of this year 2019 the price reach 14k upto 15k usd and the bullrun begin.

The the hodler of those huge bitcoin had a motive for doing that  ie hodling it for a reason or purpose of course they know the implication of selling those coins in the market meanwhile I suspected the coins might belong to an exchange which is hodl solely for trading purpose but the bottom line is the value and volume of bitcoin in the market is huge also its market capitalization.

Bitcoin holding is always a great investment one person can have, let's focus on long term if we really want to invest and earn a lot of profit, and this year maybe the last year we can accumulate Bitcoin, as we don't know what could be the possible thing to happen in upcoming years, but for sure long term investing in Bitcoin will be worth it.

The OTC transactions will not affect the market price as it is not being transacted in the open market and daily you will have millions of dollars being transaction outside the open market and the market depends speculation and if you see those transactions in the open market then it could affect the price but that is not the case here, even then if you see a huge transfer of coins the FUD starts to appear and it is reflected in the market.

Long term investment will maximize every potential growth that will happen to this industry, if you can hold for long time and wait till bitcoin reached the very highest peak that we can't estimate.
Each holders who believes that bitcoin will b worthy in the long run will keeps on buying bitcoin from whatever level it is. knowing that you are capable to earn more money.

I do not think exchanges have control overprice, they can fake volume but I doubt they can manipulate Bitcoin trading price.  Basically the price depend on the supply and demand, if they manipulate it they will be taken advantage by interexchange trader by simply buying from exchanges that have lower price then selling it on the exchange or vice versa.


Isn't this from their user?  As far as I know exchanges have cold storage for the funds their client deposited. So I guess they have no right to trade or move them except if the client decided to withdraw.

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Long term holding has been believed to be rewarding someday.  So holding Bitcoin will be worh if you hodl it for a long run but of course decision is still yours.  Holding it until you reach your target price is cool too.  This does not matter whether it is for a long run,  a year or less than that.

wallets on exchanges , hmmm so it means exchange own those btc or they are owned by their costumers  ? the exchange can control the price if they own those coins but if not then only thier costumers can do it but they cant guarantee  that they can fully control or manipulate the entire market since those btc arent owned by a single owner  .  other owners will choose to hold it and make a move later  .  also , your expectation of having a good price is not also assured to happen

I think the big exchanger can't control price of Bitcoin.
Because if one exchanger for example raise the price so high, there is will make the different with other exchanger.
People will know soon, that is manipulation. Exchanger maybe get blacklisted or a bunch of selling process.
That is bad idea for exchanger.
For me bitcoin will worth more next year. We need wait more implementation of technology who use Bitcoin. There is hope for bullish.

Though a lot of people are speculating that the bull run will happen this year but I think it may bot happen yet this year so in my opinion, bitcoin holding will be worth in the long run. But who knows, that’s only my opinion but we really can’t say for sure. Bitcoin has a lot of surprises this year and we don’t know maybe there will be another surprise which is the bull run so let’s see in the next few days. Besides, at the end of the day it is bitcoin, by being bitcoin it is always worth the risk and wait.

I hope, that exchanges is more intrested in higher price (this will generate more customers for them) and they will rather do pump than dump

It doesn't matter. Any attempts of manipulating the price, will be short lived, it will return to its natural position (correction) sooner or later. For traders they can make profit (or lose, depending), but holders in the long run will keep their value.

This is the key: "keep value", as opposed to lose it slowly when using fiat (unless you live here, where you lose it quickly). Bitcoin isn't going to be a money making milk cow anymore, the more time that passes, the less difference in price it will have. So don't think buying bitcoin is going to double your money overnight, like it used to do years ago. Buy bitcoin, thinking that you are going to preserve the value of your money, as if you were buying gold.

This also means you don't need banks, and you will fare batter when the next bubble pops. Because as long as the world keeps following the School of Chicago dogma in economy, bubbles will form and pop, 2008 won't be the last...

Only the Austrian school of economy has the answer, to prevent bubbles to form in the first place, get rid of fractional reserve banking, and embrace deflation.

For me, it still depends on the market situations, maybe some articles saying that bitcoin will increase at this year or by the end of the year, but it depends on the market situation. Other ppl make some fake articles, and others not, so do your own analysis if it's genuinely correct. I much prefer the long run of holding my BTC because I don't need too much money, and also, the bitcoin value now doesn't reach my profitable rate. :)

In relation to the profitable of holding Bitcoin, it will solely depend on individual understanding of how the entire Bitcoin ecosystem works.  In as much that people think there are some kinda manipulation done by people with huge amount of Bitcoin, a long term hold will only be worth it when you understand where the market is moving towards.  In 2018 for instance, a long term hold from the middle of the 2018 would have been worthless in the first month of 2019. Understanding the market is the first time that can help you know whether a long run hold will be worth it..

If we imagine how it moves from $1 to $10k, does it think that it would be worthy or not? Of course, it was and Bitcoin price keep moving day by day, ups and downs but eventually, the price is totally moving high.
Holding bitcoin isn't just being profitable of today but of course, it also in the future. In fact, we have notice and we can see it through the chart since from the very beginning.

Keep your Bitcoin for the long run as you have much more to gain than holding for a couple of months. You want to sell it at 15-16k$ when the halv is next year ? Be smart , don't get impatience and don't panic sell. For now , you saw that 2019 was a good year but mostly a bad year for Bitcoin as its jumped from 3k to 14k but couldn't pass the 20k$ and this mean we're steal in the bear market but not for long tho. Good times ahead for Bitcoin so have a little longer patience and you'll be fine instead of just cashing out a few extra $.

You can check what happened in 2012/13 and 2016/17, when the block reward halving occurred. In both the cases, the bull rally started almost 12 months after the halving and not before that. We'll be having the next block reward halving in mid-2020 and I expect the next major bull run sometime in 2021. And that is still two years away. So users needs to finalize their strategy. They need to analyze whether they can afford to hold that long. But to be honest, I don't expect any major bull run in the next few months.

There are times that the price of bitcoin is low, but it doesn't mean that its price wont increase again. Cryptocurrency is volatile which makes it hard to predict and that is something positive for us. the price of bitcoin still increasing each year. we can see downfall but we can still see that its price will not drop to zero.

What do you really expect this year? We have just two and half months remaining and I am not expecting any miracles to occur. What we are forgetting is the fact that Bitcoin has already given around +165% returns so far this year, and this looks extremely good when compared to the -5% return that I got from the stock market so far in 2019. Investing in gold was a bit more profitable, but the +21% return that I got from my gold ETF still dwarves when compared to what I got from Bitcoin.

My take is very simple. We have already got good returns so far this year. Now let's hold on for another 1-2 years more and see how Bitcoin is going to perform in the long term.

Bitcoin will go up in the long run, there is no doubt about that. As for short-term price, that can go either way, although I expect a surge in early 2020 due to the incoming halving.

I think holding Bitcoin could be the most profitable for me, whenever the time you want, it always makes the same sense, of course, market mechanism would be the most important thing regarding this matter, but we can't do this because It's not in our hand, When you have a thousand of Bitcoin then it would be easy to make an impact on the market otherwise we can just observe what's going on and what's coming up to this platform, Something could understand if you pay to heed properly, For me, Holding for a long time would bring a good result for sure, So short-run holding doesn't make a worthy investment for me, however, this time is perfect for collecting Bitcoin and holding for the future purpose.

I think bitcoin prices this year are still in a downtrend, so it's better to hold for this year. Or if you have more money,
you can buy more bitcoin. Because if selling right now even though the price has gone up, the profit gained is small.
So I think holding bitcoin is more valuable to hold in the long run, because bitcoin investment is in the long run the prospects
are very good and potentially reach the highest price. My prediction is that bitcoin in two years can be priced at $ 50,000.

As long as we don't yet reach the 21,000,000 BTC in the market, bitcoin's price will continue to rise each year, that is for sure, but we can't avoid having bearish market of course, however if we reach the point where miners mined 21,000,000 BTC, the price would slowly go down until it hits zero, I'm not sure about this but this is my analysis based on the article I've read, correct me if I'm wrong.

let me think a while,
"currently Almost 7% of the entire circulating supply of Bitcoin (BTC) is held in the wallets of eight major cryptocurrency exchanges"
well, its that mean nothing.
they cant control the price, even if they want.
because its something a illegal.
exchanges just a place to put sell and buy from users to users, i also believe forex market have a same thing.
about price will going up or down, of course it depent Market players.
I only think that 7% is bitcoin that has been cashed,and the btc move to cold wallet of the exchange.
because according to some news, the investor mostly, hodl their asset both btc or another altcoins on their private wallet, not on exchange wallet.

It is always risky to put your money in volatile currency like Bitcoin.It may increase your capital to many folds in a few months and the same time it can decrease your capital many folds. Think about the people who bought Bitcoin at $19K and even after 1.5 years they are at less than 50% of their capital.
I am not against investment in Bitcoin but people should always calculate the risk before investment. In my opinion investment in Bitcoin will be fruitful in coming years. If someone invests amount for 4-5 or more years, he/she may get good return.

Even if that is risky, people still invest their money in bitcoin, especially for people who know that bitcoin price will increase higher in the long term.
They don't have a problem to see the volatility of the price.
They will be patient to wait for the price to rise higher, and while the price is up and down, they will use the other money to buy more bitcoin the price is down. But if the price can increase at a little price or increase higher than the first price they bought, they will sell some part of bitcoin to take their money so they can rebuy bitcoin in the other days.
Yes, that is true that can decrease our capital, and that is why if we want to buy bitcoin, we should use the free money which we don't use for buying our needs.
I see that many people using some money that they use for buying their needs, so when the price is going down, they cannot sell at that time unless they can accept to get lost.

Well, whales have control over the prices on the market. they can make pumps and dump easily, I hope prices will continue to rise. due to limited stock. my opinion about the price of a 10 billion bitcoin, that's very good. and I am waiting for the highest price to come again. I hope that will happen soon.

I do not follow the rumors, I only focusing in price action. The bitcoin is stil in the bear market and it will take more months before it will go to sideways. Always remember that we should only buy bitcoin if there is a confirmation of market reversal where the bearish market will be a bull market.

Well since we all know that the price of bitcoin this time is not so high but we are still hoping that it will rise up again until the end of this year. But it won't then we might wait patiently for its value to increase. By the way, bitcoin investment is good for the long term. I believed that there is ATH coming and suppose to be there is a next halving happen, so it worth it to wait for the long term.

Well i think in long run look what happened in epic bull run of 2017, many holders since the beginning have been profited more than what they bought since we all know the price of it was 20000 usd before it crashed it raised 20x from the price of 2017 which is 1000 usd so, that alone can prove that bitcoin can be good in long term. On the other hand i think that bitcoin is worth of holding this year why? Because in last few months bitcoin soared back to 10,000 and now holding to 8000 and in 2020 the halving happens and some experts say it will raise the price of bitcoin so, just hold on it..

It seems that the bitcoin will not become bull market in this current year. It will take more years before the market will become bull again. There are tools that we can use in order to identify the trends like moving avarage.  If you use 200 MA, you will see that the ma is still above the price and it will take more time before it will dive below the price where it can be called as bull market.

Holding is always meant on long term. And that is not six weeks or six months.
Still everything depends when amd on what conditions did you get your coins and what is your final goal, so it's individual. Of course there is possibility that meanwhile the value will drop but in some moment it will also recover.  But many users don't have enough patience to hold their coins long enough and then holding turns into loss instead of profit.

A lot of the users are commenting that Bitcoin will go up after the block reward halving. But I would like to remind everyone what happened to Litecoin after its block reward halving a few months ago. The LTC prices had gone up by quite a bit in anticipation of the halving. But once the block reward occurred there was a major crash in the exchange rates.

Bitcoin is good to hold in a long run because i know and i believe that bitcoin can reach the $20k. So if i give opportunities to have bitcoin i will hold it for long run for to get a good and big profits.

There are speculations that we might see bullish thread before the year runs out but the validation is not confirmed. Although as the price is getting better, we may see a good signs of the bullish but may not be long term. For those who are able to hold their coin maybe the most luckiest for a long term period.

If some one or company holding many bitcoin I sure they can control with bitcoin price, we have closed with them to know when bitcoin will be raise to higher price and when they will make bitcoin down, with thousand bitcoin assets in their wallet very easy how to make price bitcoin dump and higher, just take moment when have to make bitcoin really in lower price by make bad news and when have to make bitcoin higher price with publish positive news of bitcoin.

Considering the fact that Bitcoin is yet to reach its peak valuation, it may not be a bad idea to wait for another 2-3 years before deciding to cash out your Bitcoin holdings. But at the same time, I won't blame anyone if they want to sell their coins right now. Bitcoin is a volatile currency and there is no guarantee that it will continue to go up in the future. The exchange rates depend on a lot of other factors, in addition to the supply-demand balance. These include government regulations, competition from the altcoins, adoption by merchants.etc. It is very difficult to predict them currently.

Bitcoin holding will be worth in this bullish time every year in the month of nov btc will see positive pump in btc prices we can see profits in nov

I think for now the holder of bitcoin will benefit because by holding bitcoin later in 2020 there will be halving bitcoin which means bitcoin will be more difficult to obtain and will make bitcoin prices more expensive and will provide many benefits for bitcoin holders.

The current price of Bitcoins shows that the valuation of bitcoins has been stabilized and we know that when the price of bitcoins stablizes for a while that means that we might be going to a bullish run very soon maybe during the end of the year or early next year. We might see the value going up and even surpassing the $20K value some years back.

Agree, this is a fact that people should pay attention to before holding bitcoin because the volatility of bitcoin is always a very important point, it is the key to deciding whether we will profit or lose in the process we hold this year or long term, many people have had great profits in the past but many are also regretting when they hold it for so long. Risk is not measurable exactly, according to my personal feelings, smart holding and in the short term will be better, the longer the time, the more dangerous the market

This is true. By mid 2020, we'll be having the next block reward halving and the annual supply would be declining from BTC656,250 to just BTC328,125. That means that there will be a shortage of around BTC1,000 in the market every day. At first, this may not sound like a big amount, but if we adjust the daily trade volumes to remove the inflated figures from some of the exchanges, then it is clear that this much amount can result in a major impact.

But that said, there is no guarantee that the prices will spike following the block reward halving. For example, we had the Litecoin block reward halving a few months back (on 5th August, 2019). The exchange rates actually went down following the halving. So we can't be 100% certain that the Bitcoin prices will increase in 2020, once the block reward halving occurs.

We know this year there are no exact prediction about BTC's price.. however, many people now are curious about btc's popularity. we can't undo how people attract by the price and spread it to others. so I think it is worth to hold btc for long run. but for me, relax until 2020. I will wait for the exact time on that year.  

Looking at the patterns at which the market value of Bitcoin throughout the beginning of 2019 till now, the market price of Bitcoin might be very worth holding till the end of this year. Based on my observations and analysis, it is quite possible for the market value of Bitcoin to hit $15k before the year 2019 comes to an end. This makes bitcoin worth holding till the year comes to an end.

I mean, we cannot really say or no one here can really know or predict whether bitcoin holding will be worth this year on in the long run. It is obviously because we cannot really predict it. There might be some factors that can help us predict it but it is a usual sight were our predictions were wrong. The onyl way that we can know about it is to hold and hold, and let the time answer it.

For me now, there is still no sign of a market reversal so we should expect that the bear market will still occur. The market has a life cycle so it is a reality that the bull will come but it will take more years so let's be patient.

Is that surprising? I mean, of course exchanges held a big amount of bitcoins in their wallet but most of their bitcoins is also from the traders that trading on that exchange. In my opinion, they can't control the price of bitcoin but a big group of whale can. About the question, no way 10 billions worth of bitcoin move in the same time, so it will never happen.

I think the price of bitcoin still has the potential to go down again before halving occurs. But many predictions of the price of bitcoin at the end of each year will increase, although it is uncertain, but almost every year long-term investment is always profitable.
In my opinion, bitcoin is worth saving or investing in the long run, because every year bitcoin will increase its price. 2021 may be the next peak of ascension, let's look forward to it.

you have created this thread in 4th quarter of the year?isn't it late to asked since we are on the last part?i am thinking this same question in 1st quarter when the prices are continuously falling while my holdings are always in Blood marks but what i did is forget for a while and prevent my self checking the market(but of course i have news reading some threads here)

and finally 2nd quarter comes and bring good indication of bull coming and until the early 3rd quarter

so my answer?yes holding bitcoin is still profitable if we can afford to wait till next year

10 Billion worth of bitcoin is enough to boost the market,
That's why I see this as a good time to buy more bitcoins, because I am sure that in the coming years we will see the price of bitcoin rise rapidly and nothing can stop it. Bitcoin is sure to be heard on mainstream television and rumors abound that bitcoin is a pyramiding scheme.

I do not care about news or information about bitcoin predictions, because so far I have seen all predictions or news about the rise of bitcoin do not match reality.
my choice for now is to hold it for the long term and wait for the price of bitcoin to rise to the highest price, sell bitcoin at a low price or only make a small profit will not do any good, because I am very confident that bitcoin will reach the highest price at the right time even though it takes quite a long time and I will be patient to wait for it.

Isn't surprising to see people very optimistic towards bitcoin, though it was far from reality but they never get tired of it. They're patiently waiting for the moment that crypto will bounce back again and to see the horizon. We know it was along wait for everybody but it is worthy to do it.

ALL HAIL BITCOIN!!!!!!  ;D ;D ;D

If you are a hodler of Bitcoin, you will see that Bitcoin is in an upward direction within the past 10 years and it is the best performing investment within the past 10 years. Lets hold Bitcoin for the next 5-10 years and don't listen to the fundamentals because they are shit. Pure Bullshit.

They can have an effect on the price, but these attempts of manipulating will be short lived, so I wouldn't worry about it. Bitcoin is always worth to hold, it will be profitable both in short term or long term, if this investment was made wisely. But no one can tell you for sure what will happen in a month or in a year. It is a market,

I think you mean technical analysis is shit, not fundamentals?
Fundamentals are what make me think bitcoin movement is upward

if the price of bitcoin at the exchange site has increased then it is definitely a bitcoin holder will get bitcoin and I'm sure now will get a lot of benefits because there will be a bitcoin event in 2020 which will make the price of bitcoin rise.

For me the price of bitcoin will definitely increase before this year will end and as a holder of bitcoin i will not stop holding it until the price of it will rise again above $20k and there is no doubt that it will happen ,maybe next year it will happen  and all of the holders will surely make huge amount of money.

It can be worth today,tomorrow or next year ,the truth is no one really knows.while many expecting the bullrun will happen from this December and will continue until the Halving in May 2020 yet who really knows?
But the advantage is ours now because we can buy crypto’s in lower prices while when the bulk stars surely Weill regret why not purchasing when the prices are still cheap and affordable

Actually we don't know when bitcoin will make a move since it is really vague some other says this October, some says before this year-end but one thing I can assure and that bitcoin is going to hit the $20K or more but soon. By the way, I like how you think, holding is a great choice and I do the same because this will give a high return if the uptrend comes. Another option is to purchase more bitcoin to hold and that will be worth it.

And we have to remember that bull runs don't happen only in the charts. OP asked if money held on exchange wallets can make the bull run happen. They can initiate it by breaking a level of resistance but people have to keep buying. There's not enough money on exchanges to start a bull run and follow through to double the price. Note that now we would have to more than double it to go to a new ATH and have one of those pumps Bitcoin is famous for.

No, and we can't be sure about that. I know we are so much excited and hungry to see the bull run again but ain't quite good to expect more for now.
Though the market is in a good position but yet, we can't guarantee that it will keep rising. This is year is not really a great year for crypto, maybe we could see it sooner but we can't tell when. If we have trust in bitcoin, years of waiting will it doesn't matter.

its not exciting when some exchanger or someone have full control about bitcoin. it mean they can earn a lot of money or bitcoin by their finger.
 no one can make sure about bitcoin price, and everyone always said if x day will be bitcoin day. and i think you can keep bitcoin for some years, wait until the price 'boom' like last year

Obviously, i agree with you in that case because also i think BTC will be profitable when you will plan for the long term investment (maximum 2-3 years). In the last year big crashed in BTC but now it’s good stable and i hope it will gradually rise. I am tightly holding it from the previous year but still my i didn’t get my desired profits. But i believe in the next year BTC huge possibility to hits 20k$+. Short term investment is risky because it’s stable position from the last a couple of months.                        

To my opinion holding always refers to long term and by that I don't mean couple of months or a year but real long term period. Everything else would mean you want to get quick profit in short period of time and that is not for Bitcoin is best for as an investment.
But holding isn't for everyone because not every user has enough patience to hold long enough to get over price corrections and earn decent profit. For that it's important that you invest funds that you don't need and which you could just forget about for a longer period of time.

The only time that you get into risk in bitcoin is when you invest when bitcoin is already at peak, and that is the very big mistake that people that invested at that $19800 did, which is why every investors needs to first study the market situation first and examine it for them to determine when they should enter the market.

The best point that we should always make our investment is when bitcoin is in a dip state, like the way bitcoin plunged to $8k of recent, that should actually be the target of nay investors, and not wait until bitcoin is getting to $15k before they buy, when bitcoin is getting to $15k and above, they ought to have started limiting the amount they invest in it for safety purpose so that it would not be another peak that they are investing in which will now become the risk part of it.

I think holding Bitcoin will be worth in the long run. In fact, if you want to invest in Bitcoin, you should know that patience is very important. In the end, we don't know when Bitcoin rises or falls.

No one actually knows what is going to happen. So asking such questions is actually very stupid. But we based on facts and other mathematical stuffs, we can predict some fate of bitcoin in the future. Since the supply of bitcoin is limited but the demand (assuming everyone is slowly starting to accept bitcoin and the government finally starts to support bitcoin) slowly keeps on increasing, then in the long run the price will always tend to increase. Just some basic economics. So, keep holding it for the long run. Don't sell if anything bad happens this year.

Those, who follow John McAfee with his predictions, will never sell Bitcoin. Although it is more than evident that (at least in the nearest 10 years) we will not see Bitcoin for a million or even 500K, it makes sense to hold it longer. BTC will be only gaining; the speed of its rise cannot be predicted 9as well as the ups and downs during this process), but the result will be a BTC Moonrise.

This is to know that most investors and traders now are gaining more knowledge about crypto, they have more patience and have a good mindset. This is why Bitcoin's price isn't dropping hard anymore but rather to have a stable market range from $8k to $11k. It is quite simple that people have already from their previous experience and the also believe that Bitcoin meant to be more profitable every day.

I believe that there are no concrete assurance that bitcoin will give you good feedback after years of holding. It is all a big gambling like approach. You need to risk your funds if you want to win. It is your choice if you will convert your btcs or not despite of the ups and downs of its price. It is very challenging as a trader. You need to be aware what is happening to the market so that you are always updated.

This is the fact that we don’t know when bitcoin could rise or fall. The thing that we can do is observing the market and if we could be able to wait until it rises we can do hold. It is our own judgments towards the market on how we can manage the risks to hold on our bitcoin.

We do not know if someone truly control the price in the market. I totally expect that in the coming future the price of bitcoin will become more valuable. Bitcoin holding is very worth to do especially if you know that there will be a new upcoming bull run. But, if you going to buy and have plan to hold its better to do in the long which brings more better income.

has been issue before about manipulation yet no proof.in any cases its possible if whales connive and make a movements together like make the market bearish or BullTrap things that mostly happening these past years
when they will pump the market and eventually if investors entered they will dump the market and the poor  small time investors were trapped and will wait again for another growth.very sudden but truly happening

Nearly $ 10 Billion in BTC is in 8 major exchange exchange wallets and the most btc is in the Huobi exchange wallet. Binance and BitMEX are second in describing them as "the biggest HODLER." in my opinion they might make a bearish move or even wake up bullish if they move in groups and together with each other. Even so the ownership of Bitcoin will be valuable in the long term, not in the short term

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Definitely, it won't turn into zero value because we never wanted it to happen with Bitcoin. People give trust and that is the reason that Bitcoin becomes a valuable crypto coin among altcoins. I don't think we need to see bitcoin reaches back to $20k, having a $10k market price is good enough for me, it still dominating the market and the price seems to be reachable into low market investors.

It is nearly impossible tho, demand of bitcoin increases every year and as long as its users will increase, the demand will also increase. It simply means that its price will increase and it will never lose its value.
We should wait for its price to increase more than $10k again and it will continuous for sure.

I found with halving bitcoin at next year and give us hope for bitcoin back to higher price, I can't trust because today bitcoin still down and do not have way when bitcoin back up. We need regulation for bitcoin first to make we believe bitcoin at the future have good price and investor can get profit with bitcoin and altcoin investment, worth or not with holding bitcoin today is depend with how situation at the future with bitcoin.

I think there will be regulation as far as bitcoin or any crypto currency is concerned due to it's decentralized nature and even if ther has to be a regulation then who will implement those regulations ? I don't think it will ever happen but yes people might become more smart and down the line they might be able to differentiate between the market generated pump and whales generated pump.

Though it looks be coming but given no worries cause that regulations will only help crypto free from scamming activities. Yes, we can't deny that it could trigger market price manipulation but at least we are safe from those scammer and illegalities roaming around.

Actually, I am waiting for the whales to make hypes back then for I can be paid off of all the years in holding. But it looks like it won't make the show this year and probably we'll still suffering at a low price this year.

If its not on the exchanges then of course we can expect a smooth increase in value if there are no other factors that will affect the market. But even though the transfer of such big an amount of bitcoin is a positive thing but at the same time it is also a treat to the current value of bitcoin. As long as there are hot wallets that cointains huge amount of bitcoin, the market is being threathened. This also implies that the current price of bitcoin is not really real. We can speak of the real value if there were no 100k and above bitcoin in one wallet someday.

But even though thats the situation, it is still good to hold bitcoin for a long term.

Yes, it is very unlikely if bitcoin reaches zero or there is no price.
and what I see is that bitcoin development continues to expand and interest in bitcoin is increasing and it is very unlikely that bitcoin will reach zero, it only takes time to increase bitcoin and most likely will reach a value of $ 10rb or more will occur in 2020

they will still try the price reduction scale, especially in bitmex. Whales who are good at manipulating markets will try to exploit panic from global holders. But for the short term they look unsuccessful because of the thickened support line. This is an attempt to increase the number of their bitcoins and put aside profits in some time, the consideration for the increased value will make them appear to only move temporarily, and in the end will do the opposite when starting and after halving.

Holding bitcoin will be worth all the time as long as it is alive, maybe now it is on a downfall compare to what happened in 2017 but I still believe that bitcoin price will rise up again like it did before and it reached twenty thousand dollars. That the golden era of bitcoin wherein almost all projects are successful and all price of tokens in the market risen up. I still hope that it will happen again so we should HODL until the market will recover again and reach higher than it reaches before. We should still believe that and keep on support the cryptocurrency. It is impossible for bitcoin to lose price because there are lots of people using it all around the world. It is becoming famous time by time as we continue to use and promote it.

The market can still be played by a group of whales with the amount of bitcoin they have. In the long run I am very confident that the price of bitcoin will increase. Right now bitcoin is down, is this only temporary or it will take several days. I think now it's better to wait for a reversal on the chart.

First , these are the funds of people of exchnages , those people who use those exchnages. These funds do not belong only to those exchnages.
Second, these are crypto funds , in theory if they moved and them and started to sell them , the only thing they can accomplish is to start a BEAR market nothing else. Anyway it wont happen because of the first reason.

I think Bitcoin holding will be worth in the long run rather than for a short-time keeping. We can think of Bitcoin like investing in gold. I buy my Bitcoin and store it for a long time. It doesn't make sense to do panic sell.

Are you telling that bitcoin will be dead one day by this statement  :P. The market is going down today but i cannot find any resemblance to the market situation of the past, the price of bitcoin will rise again but you cannot predict right now how big it can go and all we can do right now is to speculate on what the market situation could be but one thing is guaranteed that the price of bitcoin will surpass the all time high valuation in the future.

A day when all the shit coins and tokens in the market rises, never going to happen  :P.

The lowest price at which we buy gets us profiting between the time. In such instances we can get profiting in short term as well as in the long run. When the same is being bought at an increased price it is a must to have patience to reach peak price than the one at which we bought. In the meantime more panic selling takes place,l which were done by whales to profit.

Do not waste your time and stop listening to those rumours, the only ones that have the power to manipulate the price to that extent will be whales and it is very doubtful that they are going to be spreading rumours about what it is going to happen during this month, if the market goes bullish it will have nothing to do with those rumours and everything to do with more people being interested in investing in this market.

For what I can see the market has already given whatever profits it was going to give and asking even more of it seems like greed to me, right now it is the time to accumulate bitcoin and if you cannot do that at least hold it.

Questions like this often arise, is it more profitable for the short or long term, which one should I choose?  Big or small profits are relative, depending on each person.  When investing, make sure you understand the ecosystem well, set targets, don't be greedy, the measure is the achievement of yourself, not of others.  I hope you get the points, bitcoin will benefit if you take every action with analysis.

Dont be deceived as regard any pump this year,nothing for this year in crypto, just hodl your fiat, as much as you can and buy into the dip. We could see the depth of $6000 is possible. Any end of the year pump is meant to keep you happy and get some extra fund for vacation. The new IEOs and ICOs are trying to position themselve very well into the new year. I expect stability in 2020 in the space.

That article is one of the great reason to consider in future too. Exchanges hodl bitcoin, not just hold. Why? Do you think they are crazy? I highly doubt that because crazy persons never run successful businesses and especially those ones which includes worldwide users.
There is no need of panic selling but I don't say to hodl if forever, bitcoin is currency and payment method which has to be used in order to adopt it in a lot of services, well it's whole different subject but to sum up, bitcoin will reach it's all time high anyway, so it worths to save your bitcoins and not sell now when price is really low.

Always buy bitcoin do not sell ... in my opinion it's really agood opportunity everytime the btc is going down like whatever happened today ,I think in long term the bitcoin will go very high so if you need to make money just hold and buy whenever the price is down.

Almost one years in 2019 bitcoin is not worth for holding because price always down, how much money you lost if keep holding bitcoin until today with price have down under $7,5K, maybe at the early 2019 bitcoin still above $8K an dyou are waiting almost one year without get much profit and get lost with your bitcoin investment, just take profit with short term investment because less risk your money.

In my opinion, bitcoin is more suitable for long-term investment to get big profits without worrying when bticoin decreases and before you are satisfied with the value of bitcoin and you will continue to hold it firmly.
but it all depends on those who use it and everything aims for profit, but the long term is much better and profitable as long as you have to be patient and strong to wait for the price of bitcoin to rise to the highest price even though it takes a long time according to your desired target.

I think that long-term holding and putting on bitcoin is a good thing, because I got word from my friend that the end of the year BTC will be racing to the moon, I believe it a little because he gave some proof of good news.

I think that currently bitcoin ownership will be worth in the long run, as we know at the moment bitcoin is still in a downtrend, some even say that bitcoin will reach its lowest point since 2018.

The best time to own Bitcoin now is because this is not too high and Bitcoin has accumulated a lot in this area creating a strong support for the price range of 7k - 8k.  I have faith that by 2020 Bitcoin will increase significantly.