Bitcoin Forum

Economy => Speculation => Topic started by: Joe200 on October 20, 2017, 07:31:29 PM



Title: Top?
Post by: Joe200 on October 20, 2017, 07:31:29 PM
Explain your answer.


Title: Re: Top?
Post by: spazzdla on October 20, 2017, 07:42:30 PM
Like ever or this bubble?


Title: Re: Top?
Post by: CoolShop on October 20, 2017, 07:49:00 PM
10K Because CNBC say that


Title: Re: Top?
Post by: Tesorex on October 20, 2017, 07:52:29 PM
Explain your answer.
First ask the question, top is not a question.
Like ever or this bubble?
Bubble is for Bitcoin gold. if Bitcoin goes down after the fork, people will sell their Bitcoin gold, they are not really getting any free money.
Alice buys 1BTC for $5900
Alice will have 1BTC+1BTG
Bitcoin price will dump to $5400
BTG price is $500
Alice will sell 1BTC+1BTG for $5900



Title: Re: Top?
Post by: jackhdt on October 20, 2017, 07:58:25 PM
you should raise specific questions in your topic. Top of the month? in Week? in year?
with growth rates as fast as now, I think prices will reach $ 7,500 by year-end


Title: Re: Top?
Post by: Joe200 on October 20, 2017, 07:58:52 PM
Like ever or this bubble?

Reworded. Highest price before a 50%+ drop .


Title: Re: Top?
Post by: Joe200 on October 20, 2017, 07:59:28 PM
you should raise specific questions in your topic. Top of the month? in Week? in year?
with growth rates as fast as now, I think prices will reach $ 7,500 by year-end

Highest price before a 50%+ drop.


Title: Re: Top?
Post by: Joe200 on October 20, 2017, 08:00:39 PM
10K Because CNBC say that

You get a gold star.  ;D


Title: Re: Top?
Post by: trobin on October 20, 2017, 08:17:56 PM
Predicting when the next 50% drop will be is a really difficult task, if we could do that then we would certainly be rich! I guess it will happen somewhere around 10-15k but really it's just a guess.


Title: Re: Top?
Post by: EpicFail on October 20, 2017, 08:20:23 PM
$15,000 because lucif said so.


Title: Re: Top?
Post by: Joe200 on October 20, 2017, 08:21:59 PM
$15,000 because lucif said so.

Link?


Title: Re: Top?
Post by: Taki on October 20, 2017, 08:36:40 PM
All those numbers will come true one day one by one. That's the fact. The interest to bitcoin is growing together with it's price and it's just genius idea to make the number of coins so short, 21 mln. For now it is mined 15+ mln, but the number of people who know and use bitcoin stays little. So I think when the percent of people get double the price will become more than 30-40 000$ at the moment.
If the thread's question is the price by the fork I think it is going to be like 6000+$, but not upper than 7000$.


Title: Re: Top?
Post by: Biodom on October 20, 2017, 08:42:31 PM
26K, because Trace Meyer and BETI both said/indicated so, or close enough.


Title: Re: Top?
Post by: shursight on October 20, 2017, 08:47:06 PM
Wow this thread is full of dumb people, they are just repeating everything that the TV says, or what the "financial gurús" are saying like "bitcoin bubble will explode on $10k, $26k" and whatever they say..
There is no fixed rate for making it happen, it can go down anytime, bitcoin price depends on people and how do they manage their emotions about their sells and buys, there is nothing more than can control the price expect the emotions of people.
Stop paying attention to those stupid people who are "speculating"


Title: Re: Top?
Post by: AtheistAKASaneBrain on October 20, 2017, 11:02:11 PM
Like ever or this bubble?

Reworded. Highest price before a 50%+ drop .

I don't see anything triggering a 50% drop unless we see something similar to a big government ban, that could get us to a bear market. The possibility of segwit2x turning out a real disaster and causing major damage due the confusion derived from the two tokens could also bring a bear market, but I think we will get past it better than most expect and S2X will be just another shitcoin.

Just keep holding through the drama, and you will be victorious in the long term.


Title: Re: Top?
Post by: squatter on October 20, 2017, 11:47:42 PM
Explain your answer.

I have to think $10,000 is a psychological barrier. Then again, we probably assumed that $1,000 was a similar barrier, yet we didn't top until we nearly reached $1200. Markets being what they are, I think we would either overshoot or undershoot the target. So I'll say somewhere between $9,000-12,000.

It's been a while since I checked up on Masterluc's analysis, but I recall that he also had a mid term target in the $9,000 area... not sure if that's changed or not. But that general range seems like a good profit-taking point for a lot of early adopters.


Title: Re: Top?
Post by: Joe200 on October 22, 2017, 02:05:10 PM
Like ever or this bubble?

Reworded. Highest price before a 50%+ drop .

I don't see anything triggering a 50% drop unless we see something similar to a big government ban, that could get us to a bear market. The possibility of segwit2x turning out a real disaster and causing major damage due the confusion derived from the two tokens could also bring a bear market, but I think we will get past it better than most expect and S2X will be just another shitcoin.

Just keep holding through the drama, and you will be victorious in the long term.

At some point, there will be a drop. It's happened before, it will happen again.


Title: Re: Top?
Post by: Joe200 on October 22, 2017, 02:07:29 PM
Explain your answer.

I have to think $10,000 is a psychological barrier. Then again, we probably assumed that $1,000 was a similar barrier, yet we didn't top until we nearly reached $1200. Markets being what they are, I think we would either overshoot or undershoot the target. So I'll say somewhere between $9,000-12,000.

It's been a while since I checked up on Masterluc's analysis, but I recall that he also had a mid term target in the $9,000 area... not sure if that's changed or not. But that general range seems like a good profit-taking point for a lot of early adopters.

$10k is my initial thought too. It has to overshoot because it's such a big move. No way it undershoots. Everyone wants it.

How far does it "overshoot". Just by a little to something like $12k? Depends on how you look at the chart, an "overshoot" can be a lot higher.

I have to check out Masterluc.


Title: Re: Top?
Post by: pitham1 on October 22, 2017, 02:10:34 PM
$8k and a retrace to $4k after that. We seem to be following a push-consolidate-push strategy. $6k is high but I think we still have some distance to go before the trend reverses. $10k might be too high before the next reversal. WE will get to $10k eventually, but not immediately.


Title: Re: Top?
Post by: ChainSmoker on October 22, 2017, 02:50:48 PM
Explain your answer.
I didn't voted any option because i don't think bitcoin will go so high for 50% drop afterwords.I think the trend that is happening right now will continue in future too i.e we hit ATH and break it and then we have small correction and price stabilize at that level for few days then some good news come and we see another ATH and this process repeats.With current bitcoin adoption,i don't expect a 50% drop in short time  :P


Title: Re: Top?
Post by: fabiorem on October 22, 2017, 03:03:47 PM
12k, because any pump after 5k have banksters money on it.

First GS, and now JP Morgan, are buying stashes of it. When they dump, it will be hard. I think they will dump on 12k, because most people will think it will be in 10k, so the banksters will look for a non-round number. On 12k, a fall of 60% bring the price down to $4800, right where they probably started pumping it.


Title: Re: Top?
Post by: Joe200 on October 23, 2017, 02:15:07 PM
26K, because Trace Meyer and BETI both said/indicated so, or close enough.

Link?


Title: Re: Top?
Post by: Serpens66 on October 23, 2017, 02:40:49 PM
I voted 8.6k because it was the option next to 10k $.
I think most people fear the big 10k$, so it won't get over 10k that soon, before the big 50% dump will happen.
But because most people fear this number, they will start selling even before reaching 10k itself. So maybe at 8.6k or 9500USD or something in between.
But it will not reach 10k before the big dump happend.


Title: Re: Top?
Post by: Ararbermas on October 23, 2017, 02:54:02 PM
In my prediction it will be on the top of 7k$ or 8k$ since the good news about bitcoin made all over in the internet I've been mading prediction on it. .lol but not much cause i am not hoping for a huge jump because of its volatility always happened when bitcoin rocketed.  but much better to the top of 10k but i think its imposible . Who knows i am very thankful if that times happened.


Title: Re: Top?
Post by: Joe200 on October 26, 2017, 06:52:30 PM
The price has stopped climbing since the jump about 2 weeks ago. We're no longer in danger of being overbought.

We are close to being at a fib level. Since we are not overbought, we can move higher, perhaps to the next fib level at 9500.


Title: Re: Top?
Post by: Joe200 on November 16, 2017, 08:09:18 PM
Keep voting.


Title: Re: Top?
Post by: eminemcookie on November 16, 2017, 11:09:21 PM
Impossible to answer because I think anything capable of causing a 50% drop will do so irrespective of the price we are at. We could reach 100k before we have a major shock or we could not reach 10k. To create that sort of fall will take something pretty major in terms of a failure in bitcoin or some big regulatory changes.


Title: Re: Top?
Post by: joinfree on November 16, 2017, 11:22:54 PM
It dropped more than 30% on the last week, and we have recovered from that dump and we are up by another 20 - 25 percent, It is incredible, but it really happened.
Those who bought bitcoin at 5200 dollars each one were the real game changer in all this situation.
Soon it will be touching a new all time high and maybe all of your predictions were right, well, the predictions of the people who voted in here i mean.
How much do you think that it will go in the next hours? it is incredible.


Title: Re: Top?
Post by: squatter on November 16, 2017, 11:39:46 PM
Keep voting.

I guess you're hoping for a double top?

After breaking to new highs and therefore running stops on short positions, it makes sense to see some sell pressure. There are always traders anticipating a double top, so this setup usually makes for a decent intraday trade. However, I suspect that we won't drop below the resistance in the $7500s which should now become support. I think this will be a short consolidation before another face-melting rally.

I really think $10k is on the menu soon.