Bitcoin Forum

I see btc currently trending between 8000-10000. Most of the gurus were unable to predict the value of btc and some of them told it will be similar trend in march and april, even some news i heard that btc will down upto 2000$. I dont know what should i do   

I don't think price will go anyway near $2k by this year but another testing of $5k button is possible if price will not recover soon from this panic. There have been lots of fuds and legal restrictions for crypto this year which fueled panic on the market and we are swinging around 50% of ATH price.

I think for bitcoin back in the price of $ 2000 it is difficult to happen, but with prices like this we should not panic selling, we better buy it back.

Panic selling is caused by some inistutions which dont have any interest to make money in crypto in my opinion. Hedge fund traders  are working for weeks for taking big bonuses but crypto traders can do double of it in bull run times of market cycle. Panic selling cant be big threat for crypto veterans but this downtrend will end one day before third quarter of 2018 year.

The price is going to $800. I'm already at a loss so I'm not going to sell it.

I think it might recover because of the technology behind it, but it will take at least two years.

This was all provoked by so-called "legitimacy". Regulations will just boost the bear trend even more.

You can hold or sell and buy back later. Its your call. Remember that the bullish trend is not over yet, and a bounce can happen at any minute.

Who's predicting that? Actually even if someone is predicting that you should not believe his words as if they are written in stone. It's highly improbable that the predictions come true.

Then don't do anything stupid that you are going to regret at the end? Thinking of selling of coins now? Nah. Instead, why don't you accumulate more in this bearish trend and hold on it for longer terms? You already said that those gurus was enable to predict the price of bitcoin, then why are you believing them that we are going on another similar trend for the next 2 months? Doesn't make sense to me. So just a advise, stay away from those so called gurus, just go with the flow, if you are seeing that the trend is going down, then relax, you don't need to panic. On the contrary look at the bright side of it, good buying points because bitcoin is so God damn cheap. Go buy in portions and you wouldn't notice that you have accumulated enough that in less than a year, your investments can double and even go even higher as you excepted.

i've got two things to tell you about this;
someone who is called "guru" is the biggest scammer on this earth. don't even read their bullshit or be prepared to lose money.
also there is nobody who can predict bitcoin movements, even the market makers can not do it because there is always someone bigger.

now i am sure that you have been reading some bullshit from some idiots who called themselves "gurus".

try to come up with your own analysis, learn how the market works. anything is possible because bitcoin is volatile, what you can do is to try and make the best out of any situation.

make up your own mind. usually people telling you info like that bitcoin will go down to $2k are just trying to influence the market by fud in order to make their own gains. No other reason behind it

I don't think there is something one can do except you are among the holders. Trading or cryptocurrencies investment is all about risk and you must make up your mind if you want to hold and see the outcome of what became of it or sell and regret when bitcoin get grow. To me ,We are to see the current state as another opportunity to buy and not to sell.

I can't agree with them about the 2K bitcoin. But even it fall to 2K, I will just buy more. If you don't need money and you are believing in crypto, then do nothing.

Everything had a major dips. Check the 'secure' gold for example and prices in '00 or <'70.

I think every bitcoin holder don't want to believe that because that price is too low for what we attain in this time it is very impossible and because I really think the correction is really finish that is why we now have a bottom when the value goes down, This can be a manipulation if that really happens But that kind of bottom is not really possible.

I can somehow agree with them with the 2000$ bitcoin as it is possible, I don't deem something as impossible just because adoption rate have dramatically increased as well as the support from the community. We must always remember that bitcoin is unpredictable, and the massive growth of users we have seen are from the get rich quick hype that newbies have jumped into and is just a fallacy. If it really does go down to 2000$, I would do the same.

 
The crypto market has been hit so badly with the decline. and the red zone seems to last forever, most people are pushed into panic sales but i dont think its worth the fear. coz the market will definitely recover at some point.

Panic sell and FUD are some of the factors that contributed to recent and the on going downward trend of all the crypto currency couple with the regulation policy in some countries. And what i think you should we should do is to keep holding your Bitcoin pending when its value appreciate.

Such a fall in prices could not be predicted. Who knew that idiot Kobayashi would start selling bitcoins on the stock exchange? I have at all there is suspicion that this was made to order. Someone paid him a lot of money for the collapse of bitcoin prices. I think it's gonna ruin his reputation forever. He not only crashed the market, but also deprived the creditors a lot of money. Perhaps the rest of the funds will be sold at auction and the price of bitcoin will stabilize in the near future.

sorry sir, may i know you get news from where? then clear reason what will make bitcoin down to $ 2000?
honestly, i never minded that far, even i dare not assume something excessive like this.
IMO bitcoin will recover soon and will improve performance to a more mature level. this is just a small pebble that blocks bitcoin rate. next June we will soon see the price in the figure $ 20,000

There is no one who can really predict the bitcoin price, people who claim that they can with technical analysis or charts, should not be believed.
You can find sites/blogs who claim that bitcoin will drop further and other sources will tell the exact opposite. Just wait and hold your coins!

These are the big factors that contributes in bitcoin downtrend fuds, bad news and banning this crypto. We cant really tell what would be the price this coming months, so the great moves is holding into our bitcoin. Thus, hoping it wont go down into $2000 price.

I'll keep my coins, too, but I'll keep them even if they go down and the price goes down $ 2,000. I believe in bitcoin and have good patience. The lower the price the more I buy bitcoins. Then the price will rise as fast as it fell. I do not care about cost. I'm attracted to the idea of bitcoin and the prospects it offers.

"gurus" in this context means "people who are shorting bitcoin at the moment". and OP is probably thinking about it too, in which case i should advise you against it. because that never ends well for anyone.

the fact is that the panic sell is already over. what we can not predict is that whether it will start up again and how strong will it be next time. and know that each time, the panic power diminishes.

If you aren't versed in shorting or trading against the tide then don't do it, otherwise you're just giving them your coins in the process. Most of the time, people are getting burned far harder than their losses is because they try to recover what's lost during a selloff while other traders just sit still and buy when the bottom is clearly drawn. Also, these gurus you refer to are probably enjoying the cheap coins they're getting from the panic sellers that's why they haven't made any concrete predictions as of late.

Don't be to easy trust a news. Although bitcoin price is decrease but I think the price Will never down up to $ 2000. Most of people who sell their coin when the price down are those people do not have experience in the  crypto world. They panic selling and then they feel regret when bitcoin price increase again.

Better learn Technical analysis yourself so you're not dependant on "gurus" n sh*t, lmao. You will do yourself a BIG favor if you learn TA, lots of money to be made.

If it would go to 2k, I'm sure many of the newcomers will be done with bitcoin for a while if not for ever.

With something this volatile and new (its white paper was only published in October 2008), price analysis is almost impossible.
What we can predict is that the extreme volatility will
continue in 2018. Any investor curious about Bitcoin needs to understand the technology and the market behind it, otherwise they will panic sell the dips and get badly burned.

It will always recover but the $800 you said spoiled everything. I really do not see this happening, and also I do not see how regulation is going to boost the bear trend but like I said, no one knows anything and all we can do now is to stop assuming and wait to see how the price and market reacts to the upcoming fundamentals.

A lot is changing in the crypto market, so I want to believe we just have to wait for it. Also, it depends on how one is looking at the chart, but from last year to this point, we are still bullish with the difference in the price even at this present dip.

I will tell you that not only newcomers but also many of those who have been with bitcoin sell your coins. Only newbies will wait until the price drops to $ 2,000. All traders will sell coins before the fall reaches such critical levels. Bitcoin is still a speculative asset. During the period of instability, speculators immediately withdraw their capital and increase panic.

Your thoughts are right. Do not simply pay any attention to the guys that start this panic. Let them sell their Bitcoins if they want it, but do not do it yourself.

was a very big drop if we compare with the price we reached in December ($ 20,000), but in the world of crypto anything can happen



hahahahaha

So you believed that? haha ha

you see, bitcoins are limited and there is a lot of demand and demand is increasing, if more rich people join the boat, the price will rise, is a question of being patient

‘Secretive’ Wall Street Firm Includes Bitcoin In Its Traded Assets (https://cointelegraph.com/news/secretive-wall-street-firm-includes-bitcoin-in-its-traded-assets)

"Jane Street has always taken a considered approach to trading opportunities and will continue to do so. As more cryptocurrency products emerge, we expect to be involved."

" Other Wall Street investors have also already jumped onto the crypto bandwagon. Major American investor Bill Miller told reporters in December 2017 that he had invested a whopping half of his hedge fund’s money in Bitcoin. "


hold your bitcoin and be patient you win, now if you panic and sell you will only regret in the future

That is right, if you don't want to regret anything and kill yourself when the price goes up again to $20k or higher, I don't see any doubt now with regards to bitcoin, trust and believe in it really matters so if you are still in panic mode whenever the price dumps then you need to study a little more.

Bitcoin has trade below $8000 in recent time as a result of the actions of the panic sellers who couldn't hold their Bitcoin and other altcoins for a long period of time.  And the news about ban of crypto currency related adverts also culminate to the recent decline in the market value of Bitcoin and other altcoins.

I really do not think so either. Right now, I still feel $6k is going to be a strong support but we may never know anyway, since we know that the market can decide to do anything it likes as the case may be but I guess we only have the charts and time at our hands to see how this will end up playing out. The FUDs are part of it coupled with the dump by the MtGox trustees, but if we are going to be having swings for now, I just see it as a good way to play with the market for profits.

That's one of the reasons why price is going down,people believe some "experts" and come to the situation where you are.Although it is not impossible to price of one BTC can be 2000$ or less,it is really quite unrealistic that this happens.Those who make such claims are simply against ideas of cryptocurrency or it is all about to knock down price and buy as much as possible the at least possible cost.

Big players look at the investments in much wider picture then ordinary people,and also they not have problem to invest for long term.If for you today price is represents a problem,for them it is just a good investment opportunity.

You should do everything to protect your investment,but you have to learn to differentiate what is really bad news or fact or what is just FUD.