Bitcoin Forum

Been a while since I haven't seen all the noobs cheering with the usual "to the moon", "10000 by July" and other forms of insanity. Great expectations bring only great disappointments. And reality seems to confirm my sayings: no rally this time kids.

Nothing fundamental changed. No new adopters, no new money, no nothing. So anything more than 1000 is a wet dream or illusion. It won't happen.

And advice to the newcomers: Holding is easy. Don't try to prove me contrary. It's easy to buy now and hope for a 100-fold price and get rich only by watching the price. But trading, that's hard, that's what's the real shit. That's where most people loose. So, advice, don't sell your houses or take loans for bitcoin. You'll get the same price for the rest of the year at least.

To da moon! CCMF ^^

Silly. this is a tiny retracement. 580 in 2 days I bet you.

+1

Just don't let yourself be wobbered!

Go to the rpetelia thread and you will see the latest projection for $200,000 by September.

I still think the "wall street money" will be coming in later this year so I think price should at least get back to $1000.

One day it's the bears making bold predictions and the next day it's the bulls. I tend to look at the general sentiment but don't really pay much attention to the numbers. I think we may see another drop in price when most people least expect it.

Rather a $100 increase and a $50 pullback than a $500 increase where everyone is itchy.

This BS post comes from a hero member? are you having a bad day, lost money at day trading?
You place youreself in the same spot of ''Noobs cheering''. Sorry that you hoped for a 10k this month, right?
Do you read Coindesk? Bitpay got a new EU HQ in Amsterdam and they expecting a 35k merchants this year, now 7k. New exchanges world wide, Wallstreet, new software, ATM's etc are all inc.

You are so miss-informed, and no i dont think BTC will hit 100k but it will get over 1k this year.

The projection where you wrote: This is legit TA. $250,000 by September confirmed. I suppose it was sarcasm...

But no, the market will now enter the last leg of wave C. In 2011, it dropped from 12$ to 2$, but now it's not that bearish.
Based on interpolation with 2011, my calculation results in a bottom of wave C in the ballpark of 120$.

True, but Patience can last long.

A high postcount/activity doesn't automatically lend authority.

Likewise, not all noobs are clueless.

Nice post JamesMontreal

???

My legal first name is indeed James but I actually do live in downtown Toronto.

What are you trying to say JimmyWinnipeg?

Holding is not easy.

Not at first, but after you see Bitcoin being Bitcoin long enough it becomes a lot easier and far less stressful.

HODLing may become more difficult after we'll see some whales panic selling.  :D

HODLing becomes easier after a while. For me bitcoin <$100 will still allow me to get my money out because of the long hodl.
If you bought at $1000 then HODLing is more of an art. Get pissed and hope for the best :)

+1

When you buy Bitcoin, it's because, after having done enough research, you're able to see what value it has, how much it has the potential to transform the international economy in a very positive way that favours individuals rather than overpowered governments and banks.

It is unwise to let Bitcoin's opponnents and market manipulators make you have irrational doubts about your initial reasoning on the value and potential of cryptocurrenies.

Those who find the inevitable price movements stressful would do well to put their coins in cold storage and forget about them. I, for one, find it is a very exciting rollercoaster.

All the market needs is something like the Winklevoss ETF to trigger another bubble.  Several billion dollars would easily enter the market sending prices to new highs.

My prediction is that there will almost certainly be another bubble, one that includes traditional investors.  However, I also wonder if that may be the last bubble, and I will be very tempted to cash out everything if and when the next bubble occurs.

It probably will be the last bubble, but is that bad? The long-term steady growth that would come after is way better for Bitcoin's viability as a currency and store of value, IMO. Of course, cashing on top of the bubble and buying back lower would be wise, but who knows what the top will be; 2000? 4000? 10000? 40000 as per the winklevii's prediction?

What makes you think there will be a slow and steady growth after a final bubble? Furthermore I wouldn't say there is a high probability that the next bubble will be the last one. We already might have seen the final one, but there could be 1, 2 or 3 following. I'd give any of these options the same probability.

Man the bears always have a way of making things so much worse then it really is.  At the same time to put others down and give these transparent straw man arguments time and time again.

Because of all of cryptocurrencies' qualities that makes them superior to the traditional financial sector in many ways, and give them the potential to play a long-term major role in the global economy.

when i bought in at 15 and it went down, slowly, i just said fuck it, and went away for a year. thats possible of course if "money you invest if the money you are prepared to lose", little mantra which nevertheless is truth. i guess if you keep looking at that price going down you might get depressed, stressful, scared, etc; you need to shield yourself from negative emotions. not just with bitcoins, with everything else too.

[Gets reminded he found out too late  :'(]

I'm happy  :D

I'm happy when the price goes down so I can buy cheap bitcoins  :D

And I'm happy when the price goes up, of course!!  ;D

Jr member has got it all "RIGHT"

After 2 years and 3 iterations of crypto ...a n noob has distilled the situaton of bitcoin right now

every 1$ i have invested in crypto has returned a min of 10x ..... btc 4$ & ltc @ 4 cents ...like WTF

So step back and pause for a second and look at the oppurtunity that is right infront of your face ...even if this is not 100% bottom it is pretty dam close ..and when we are cruising on 2k per btc & 100 per ltc do u really give a fuck

Have some balls and some forsight and not get suckered in by the bears and agents of china as bitcoin is here to stay :D

Kudos to the guys screaming "To the moon". Price is the same as last week. And will be the same next week. And the week after.

A $50 price increase would be welcomed just after most " investors' " bones and mind have been grind down. I take it as ride on a boat in stormy weathers. Noobs that jump off at first signs of wind, deserve to drown. Those who hold on tight, and jump off just to take a bath, then prepare for more storms are the one's who prevail.

I for one won't go out of this at $10 or $10,000. I'm waiting us to reach the New World and spend it there.

Yep at least $100K you need to be set for life :)

It needs time we all expect the same, let's see what It will be like after 3-6 months. Best to do is to invest it like in a gamble and afford to lose everything. :-*

You could well be correct!

There is a lot of mooney-eyed over-optimism out there.

On the other hand, BTC could spike which would be very nice for those of hodling!

My $.02.

;)

To the moon!!!

Be careful and remember to take your space suit!

There is no atmosphere on the moon!

My $.02.

;)