I'd say if you think Bitcoin is worthless then it is to you.  If you don't think it's worthless then it obviously isn't to you.  But if fiat is rubbish why is Bitcoin always valued in Fiat. 

Bitcoin sometimes seems to behave like a bubble getting bigger then shrinking.  I don't think it will burst altogether.  If it ends it will be a slow fade away but I don't think it will end any time soon.  It's been going a good number of years now and things have been a lot worse before now.

I have been looking at the price tables and the volume average is going down and down.  Does this impact on the price or not.  It seems a bit strange that the volume is going down so much.  Thanks.

Yes.  Weekends are the favorite for a drop.    Anybody who doesn't sell at this price must be mad.  That's what I think.  It will be below 11k soon and then maybe down more.  Holding only works with a very steady growth over a long period of time not this constant up down up down. 

I think Bitcoin is massively overvalued.  But I suppose people must know what they're doing.  Somebody else I spoke to said the same. 

I don't understand why people would buy at this price which is quite high for the last month or so.  Would people not pile in and buy if the price went down to 6k.  Then a huge amount of people would be buying.  Who is buying at this price?  Or could it be faked.

I don't understand this rise at all.  Why is anybody buying at 11.4k.  I'd say it's price manipulation by whales so can't be sustained.  Or maybe it can.  If they have got enough money.

People need to sell and take a profit.  Or else they will only have themselves to blame when the price goes down again.  11k is a good price I think.

I agree that Bitcoin has reached a high price and people should take a profit now before it falls again. 

Chinese New Year kept being mentioned for the last few weeks.  I really didn't see why it should have very much affect on Bitcoin prices.  I don't know what is influencing the price now.  Because I suppose something must be.  It seems to be hovering ready to crash or soar. 

I think a lot of people sell at 11k because it's a good price for the last few weeks.  Bitcoin did go up to 20k but for a very very short time.  People are taking a profit at 11k I suppose because the chances are it will drop again below that and then allow them to buy back cheaper. 

There is quite a rise now in the last few hours.  Will there be a dump?  I think that's anybody's guess. Looks as if at least 11k is likely.  Then people might take profits. 

Of course it is a bad thing for one person to own such huge amounts of bitcoin.  If Bitcoin is to be adopted as a world currency can we have one person controlling a huge percentage of the world's wealth.  It would be even worse than it is now with the banks in charge.  This is surely not what Bitcoin is meant to be or to stand for.

I was expecting the price to not go as high yet as 10.5k and thought it would drop to 8k and either stay there or drop nearly back to 7k and maybe as low as the 6k before.  I'm surprised at people buying at 10.5k because that seems quite a high price to me.  I could imagine day trader type people buying and hoping it might go a bit higher say to 11k but not for holders to buy at 10.5k.

I was expecting a dip before now but it's not happened.  What are the signs a big dip is about to happen.  Would it be at a particular time of day or would there be signs in the price that a fall is about to come.   Or would it be totally unexpected and just suddenly happen.  And the same for a huge rise?

I wouldn't touch it at this current price.  10.7k.  It is much too high to buy at this price. 

I don't think any all time high is coming any time soon.  Will stay the same or drop.  Too much optimism isn't good.  It leads people to lose money.

I think the day traders are taking profits all the time which is stopping the price going up very much before it falls again.  And I agree people are scared of buying when the price goes up in case the same happens as happened last time when the price zoomed up  and then crashed.  I can see that it's best to buy on a big dip rather than near the top on a big rise.  Surely that is only common sense.

I would not buy at 10k.  Or even 8k.  I might buy some at 6k.  I was hoping for a huge crash so I could buy loads.  But it probably won't happen.  And then I would feel too guilty about folk that have lost money buying higher.

The volatility is good for day traders.  There must be quite a lot of profit to be made there with all this price up and down not even every day but sometimes in a few minutes.  But as an asset for a lot of people it's too unstable I think.  Say I am saving for a deposit for a house and have two Bitcoins worth.  So at this very minute I have 20K but next week I might only have 16k.  But I might have 24K.  It's no good really at the present time with all this movement in price.  OK if constantly going up.  But not OK if dropping.