Bitcoin Forum

Btc was 4500$ about 1week sgo. But JP Morgan said it is fraud. Then it came to 3000$. Now it is 3600-3700$.

I think it will go avobe 4000$ at the end of this month. What's your opinion?
 ;)

Why do you think that? A feeling, you would like it to, tea leaves. I dont care about 4k. It needs to break 5k to continue the Bull run and it needs to do it in a short time frame (imo)

I think the bitcoin price will reach $ 5000 this month at least the end of the year. When it is gathering bitcoin when the price is low.

bitcoin prices will continue to decline until the end of the year .. so wait for the lowest price and buy as much as possible. next year will be hard to find bitcoin because the price is very high

I found this picture from my local languange board. From the topic, he said if JP morgan said bitcoin is fraud, but they buy a lot bitcoin when the price is down as you can see on the pic.

http://preview.ibb.co/e9Sdyk/main_qimg_a1448893848c20c81227cab4f648a2f1_c.jpg
English picture version (http://preview.ibb.co/gcGcr5/main_qimg_fbc8d5413bd101d0817478bf16887445_c.jpg)

But idk if this true or not. But, i just hope the price will recover asap.

there has been a lot more things at play than just what the bullshit that JPMrgan goon said. and the FUD about China is still hard at work these days.

and why are you just looking at the ATH and current price!!!
look at the whole freaking picture. price was barely @ $2000 in August and before. and it was $1000 before than and last year the same time price was around $700
just take the long term route and you never post another frowny face here.

I see that you don't know that after saying that bitcoin is fraud JP Morgan appeared as the bigger bitcoin investment on 15th of September. Such a double game. That's why bitcoin raised back to 4000$ :)

I also saw that in internet. But I am note sure is that true or not.

Yeah me too, i just share this pic and maybe some people can confirm it if this true or not.

The price of bitcoin is not that important imho. It is more about getting it to be accepted by the mainstream. So you can buy your everyday groceries with bitcoin. But the price has to be more stable for that. So people have a choice to be able to rely on banks if they wish or become your own 'bank' so to say.

I believe bitcoin's price did not decrease because one guy from JP Morgan said it's fraud. There were many bad news lately, like the China exchange ban, ransomware attacks lately demanding bitcoin. This all made BTC's value go down, but I believe it will increase till the end of the year, because where one is closing their markets, others are opening them for BTC.

there is nothing untrue about that picture, that actually happened. you can check out the website itself. it is a Swedish thing i believe and the direct link to it can be found online.
here is a news article about it:
http://www.trustnodes.com/2017/09/16/jp-morgan-buys-bitcoin-price-rises-20

ah thanks for that! Now i know if jp morgan buy some bitcoins when the price down.

It's definitely going to happen, they just shout it out so they can buy at a much lower price, now the price is getting back to it's old high price but more bad news are coming, because some idiot and responsible and so-called respected people want to get in at a much lower price.

Once people realize that China didn't banned Bitcoin I think price will increase again, specially if some exchanges get the license they need and start their operation in China.

People always said that Bitcoin was a fraud since the first days, even more important people than the JP Morgan guy, so I don't see a relation between the fall and statement, or the price should be negative by now.

I'm also read this article thanks!
JP Morgan is one of the people who are wanted to buy at the bitcoin lowest price that's why they make some bad news so that they can easily enter to the market because of the weak hands in the market that causes the bitcoin price going down.

My opinion is the same, BTC will go above $4000 at end of this month. Dirty tricks from JP Morgan.

It will Go above 4000$ at then end of year, because many exchanges will open in china but their not accepted yet by the goverment. if they all accepted bitcoin price will go up again

I am confident that will happen. I too am thinking that Bitcoin starting to recover from that $3000 and reaching as high as $3700 is enough sign that it is gaining back the lost trust of some bitcoin holders who were simply overtaken with fear.

Bitcoin will soon reach 5000$ once the panic seller finishes selling there is lots of rumours and speculation going around bitcoin once things become stable bitcoin soon will start raise then people will start asking is that too late to buy bitcoin because of high price.

Can't think the same. Also china bans bitcoin exchanges and it's clear for everyone how much power do they have. Once okcoin stopped withdrawal and price started drop immediately and now as I know many of them will close, Viabtc also.. So I think it will fall much, people will sell them in lower price to get money as soon as possible..
Hard to predict anything now but I think price won't go higher. Why the hell did china decide to ban bitcoin exchanges? Everything was so good.. Now I don't like situation.

You're right.I believe that China has a very big population so it would be a big help to have a btc pump again if its government will not ban its exchanges.People will be more encourage to use bitcoin in their different transactions.It might get into 5000$ earlier next year.

Jp morgan doing this in purpose, they need more btc they are late for the investment so they trying to panic the people

I do agree on what you are showing here which when Morgan said about bitcoin that it is a fraud people are buying when its still on dip.It might be one of the reasons but the main reasons on Price Dip is on the news about China banning ICO and closure of exchanges.This is the thing which I do strongly believe the reasons why did the price go down but now we are somehow recovering.

now bitcoin prices are in the price range 3500USD up to 3600USD. JP morgan is quite influential when we see the reality of bitcoin prices today. see the current condition of course is still very possible to see bitcoin prices back to the range 4000USD and above. this is a pretty good thing, if you're sure and everyone still has a great demand for bitcoin then I'm sure next week bitcoin prices are much better than the current price.

Yes, the price will grow high and the market for bitcoin and other digital currencies keeps on increasing. In between issues gets initiated as that happening at present. The trust is the one that keeps the market grow towards peak price.

Everything is possible now. It could be 2000 or 5000 in 2 weeks. :o

I highly doubt it will recover till that level. First of all there are still rumours that all foreign BTC exchange will also be banned by GFW, then we have the 2x segwit thing in November, so with such big uncertainty, it would be unwise to invest heavily. People will buy the dip, but will not push the price too high.

He's been attacking bitcoin for years now, as expected from a bankster. What's surprising is that how a lot of people still believed his words. As much as I hate it, he contributed to all these FUDs along the news about China. I just hope this panic clears up fast before the end of the month to break $5000 possibly.

I think you had be prepared for the disappointment that is sure to come your way, because the price of Bitcoin is not going to be declining for the rest of the year as you hinted. Already you can see how it has been able to contain China's tantrum like water poured on the back of a duck. Sometime in November though, we shall be making a decision on Segwit2x's proposed hard fork and we might experience a drop in price, but upon bouncing back, it would be a leap to the moon. The Bitcoin we see today is more resolute and tenacious you can't hold it down.

People stare themselves blind at how everything is going with the market right now, while they completely ignore the fact that the market had to correct. At the end of the day, whether it's China forcing the price down, CEO's working for a criminal bank calling Bitcoin a fraud, or the blind chickens here panic selling like there is no tomorrow - the price was destined to tank after the near $5000 peak. Instead of people complaining and moaning, they are better off using these discount levels to increase their holdings on the way down. Talk is cheap, actions aren't.

for now it is very confusing, if we invest in large quantities, in the fear of a big setback to bitcoin, although I believe this does not make sense to happen, but it would be good for us to watch out for things that do not want to happen in the city investments made

The big whales sold a part of their assets, the bitcoin price goes down heavily comparing to the previous weeks, now it is time to buy again...the price is fluctuating right now because some people try to make a small profit imo.

Well the price is loitering around 3500$ - 3700$, I assume there's a possibility that it can climb up to 4k till the end of this month. But right now everything seems unpredictable as market is still recovering at this moment...

It is true and the statement was made on purpose so that many people would sell and the price to go down , this isn't a new trick to buy more at less price :) We should just ignore their statements that's it but people panic .

I'm sure there will be a big downswing til all exchanges in China close on the 30th. I can't clearly state how much will be the value of bitcoin at that time but IMO is time to sell and wait for a new buy after Sept 30.

I do not think that now there will be a recession again. The news that the exchangers are closing down has already lowered the price of bitcoin. Two times to reduce the price of one news will not work.

He is attacking and buying btc at the same time.
When they said sell it means buy and when they says buy it means sell. Thats how they making money

well, right now I'm always ready to wait for bitcoin prices to reach $ 4500. maybe buy some bitcoin at the moment, will give us a little profit for the future. well, I always prepare for higher bitcoin prices, even higher than those prices.

Ya true.Many are waiting for bitcoin value to reach the peak of 4500$.This is not new or highest peak.This peak is already achieved by a Bitcoin. As you know ,many start to inverse Their money in bitcoin. Even China allow for bitcoin transaction. So you can surely get huge profit after this rise.

We may see bitcoin above $4,000 before end of this week and from there we would be heading to $5000. Another good thing that has happened is that bitcoin have been legalized in Japan and the Japanese's government has started to give License to cryptocurrency exchangers. This is going to boast trading activities in Japan as government is trying to build confidence on bitcoin which is definitely going to influence cryptocurrency pricing.

After a tumultuous 2 weeks of negativity in the market, we may see that the price can go to $4000 again. And if the trend continuous, its possible that $4000 is achievable this week. The price has suddenly grow in the last 2 days so basing from it, in the next couple of days $4xxx is possible. But we need to see first if there are no negative news coming from China again because every news really pump a dent to every momentum we have. Let's see and hope that this week would be better for the ecosystem.

Surely we all hope there will be a positive change with the Japanese contribution in the legalization of crypto trade to the price and the development of bitcoin prices. After a week has dropped drastically.

I also think that it wilk reach $4000 again but I am not sure that it will reach this Month but hopefully you we're right with your prediction. I am also waiting that bitcoin will recovers its price.

Banks are enemies to bitcoin and cryptocurrency. When people will realize that banks don't want to change the status quo we have.
Having Fiat money around is far more convenient for the whole banking industry that embracing Bitcoin.
Until Banks will develop their own form of private crypto their mission will be to destroy Bitcoin.

Price crash was not entirely caused by JPMorgan statement - price declined because China banned ICOs and will ban bitcoin trading.

i think all conspiracy created  for bitcoin,  possibly reason,  they want to makes people afraid,  so that people sell their bitcoin,  result bitcoin price go down and they will able to buy low and sell high and thus able to makes millions dollar profit cause they verily know that bitcoin will never gonna stop..

Not only you .all the bitcoin holders, Investors ,traders and miners of bitcoin waited for the raise of bitcoin to 4000$+.After the China Accepted the bitcoin. It is accepted in all the country. Even I had dreaming for this price rise.Now it's crossed the value of 4000$.Soon it will make to the value of 4500$.

After the crash the market reached 4000+ two times but it is not sustaining it and selling pressure put it down. so until it dont cross 4100 level in full support it is hard to say market is coming out of bearish movement.

In my opinion, I think this reason not enough to helps Bitcoin comeback. Present, Bitcoin does not need some reason like your said to bounce after dropped to bottom price, it will automatic comeback by traders on the market.

Reliable, the price now reached $4,005 and I guess this is the stable price range of bitcoin now $3,800 - $4,000. And we've been through a lot of dips and dump for the past weeks and I know the pumping weeks are about to come. No idea if it will get back to $4,900 before this month ends but it's very possible that we are going to see bitcoin's price above $4,000 level so keep on holding.

Looks to me all that are going to be on hold pending what becomes of the network after the next leg of Segwit2x, which unfortunately is a hard fork. November is already in view and I think most traders and investors are now sitting on the fence awaiting the answers to the fundamental scaling questions.

I heard that a lot of traders go out of the crypto currency in November. This will negatively affect the price of bitcoin. It worries me a little. But I know that then the price of bitcoin will rise again

Well i think its still too far before november and i think exchanges will get license first i think and people in japan and china could back in trading and buying bitcoins again that i think could be hit back again above  $4k  this is just for estimation but i feel that it will be happen before the another segwit in november.. and remember the first segwit this year is not negative effect instead it could increase and hit nearly $5k
we seen the burst increase after segwit and seen the new bitcoin cash in the market but instead we transfer to bitcoin cash we stay because we believe in bitcoin .. so bitcoin this coming segwit we will see price increase again..

Why does it worry you? Traders might end up liquidating their positions due to the upcoming hard fork, or use altcoins as hedge, but it's just a temporary happening. I see it as a very decent buying opportunity if the price happens to go down due to the uncertainties -- worst case scenario is another chain split, but this time it's more serious than what we went through at the first of August. If you're a holder, then you shouldn't think about it. If you're a trader, you'll experience a very exciting time.

Bitcoin price at $4500 in some time before, i think it seems that figure will be achieved again in the next few months or even next month, because there will be segwit2x process. Indeed it does seem hard to reach that's figure from the current price movement, but sometimes something unexpected it's happens frequently.

I also agree with your opinion. Owing to cChina banned bitcoin and After fall down 3000$ ,  bitcoin is start to growing up and i think the price of bitcoin will raise above 5350$ at the end of this October

Already the value of bitcoin is started to increase.Today the value is nearly $ 4.5K mark,i hope it will reach $5000 by the end of this year or maybe this October as you said.So don't lose hope on bitcoin because it is gonna play big part in our future life.Keel buying bitcoins and hold it for future use.