Some brief thoughts on this subject:
I noticed that speculators often do a lot of speculating. With that said, is it possible to focus on speculating only, reading nothing else but all the speculating topics and then somehow becoming better at speculating than others?
There are some good speculators and feeling pro speculators, you can learn from them but don’t depend on that. Good speculation always come with a good reason and analysis, for me its a must to know on how to speculate and read charts, because by that strategy you can know when you will buy or when you will cut your losses. Keep on learning, and in the future you will have the best skills to help you earn profit. But to be honest, speculations are just a more complex term of "one's personal opinion". Anyone could throw a speculation or prediction and it is other people's choice if they would believe to the majority's hype to which crypto would be profitable investing for. Some people are just becoming a 'good speculator' because their assumption is the same with the majority. Best thing to do is to create your own analysis and to make your own decision with regards to investments, perhaps. Because at the first place no one could really speculate the market's behavior. |
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From beginning 2020 bitcoin has been pumped almost 8 to 10% and still continues and now bitcoin price $7768 as per coinmarketcap and got 4% hike I hope that Bitcoin going to cross 10k mark within in end of January because there are all positive talks going about bitcoin and crypto and right situation for bullish in crypto market.
It's really a good increase of bitcoin price today! It was like 6800$ 1-2 weeks ago. seems that 2020 is probably a good year for bitcoin, hope this increase of price will continue during this whole year and we'll probably see a new high peak of bitcoin's price by the end of this year, probably 50k$ if everything will go well. A market value of 50000 usd is a bit unrealistic knowing how early it is, at this moment. Things could still change but I hope that uprise would be more dominant than possible downfall as months are passing by. What I am pointing out is that, assuming for a future market value for your investment is just fine, but expecting too much won't be a good idea because you could be carried away that much and might possibly make absurd deisions.Take note of this market's past as a guide. |
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As the poll question states, in your opinion, is it a good idea to buy (stack) gold?
Feel free to elaborate your answer.
The poll is incorrect, the question doesn't have a good overall yes/no answer. In periods like there was 2018, buying gold would have been better. In periods like now buying Bitcoin may be better. And overall, diversifying by buying both could be even better. Maybe, it is a matter of investor's mindset. If he is looking for long term investment without risking that much, investing to Gold, at this case, is a good idea but if he is wanting an investment which is a bit risky but would give him a bigger and faster profit, Cryptos would be also fine. Cryptos including Bitcoin, has a more active market value than gold which is a bit consistent. Its market value moves from time to time but its movement includes up and down motion not continuous uprise. |
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I don't have a prediction based on real facts, it's a simple prediction, because I didn't plan for 2020 yet
This year everyone is expecting all time high, but I'm not so optimistic, I'll be happy with 10k USD for some time, I'm looking for all time low
At the moment the price of bitcoin is almost reaching $ 7500, it means that it will be close to predictions to immediately reach $ 10,000 but even though the movement is slow but I am optimistic that this will soon be reached to a better level, let others predict high prices but I hope in January or February Bitcoin soon reaches $ 10,000 because that is my target in predictions. Positive marks can be seen at this moment which is a good thing but as an advice to many people in this industry, do not get your expectations too high. Take note of the market volatility. Some people are already expecting of a 20000 usd market value for this year which is quite unbelievable at this moment given how early it is to make such prediction. It is still a long way and there are many things that could happen in the market having no assurance whether it would be in favor with the market value or not. |
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Bitcoin prices are going up and down these days. People are hopeful that the price of Bitcoin may well go up by 2021. Bitcoin has been legalized in a number of countries, due to which Bitcoin prices are now recovering. If the price of Bitcoin goes up to 25,000 by 2020, it will be very difficult to buy.
I think that bitcoin's price will keep increasing with some volatility of the price till the end of this year. It may increase hugely after the havling that it will take place on 12 May 2020. A lot of people are waiting for that time because they're curious of what will gonna happen. In my opinion that bitcoin will reach 20k$ by the end of this year and probably more if things goes really good after the halving.. Speculation of this kind is not new in this industry. Many people are having huge expectations whenever the market price is growing not paying attention on how volatile the market is. In this industry, there are times of uprise and downfall which happens randomly, with that being said, predicting a high market value increase within a year is quite unrealistic, since there's no consistency with the price direction. |
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And now the price is $ 8,382 to buy and sell at $ 9100 and I think this will return to the price that bitcoin will touch.
This is a correction for me to think about and analyze where bitcoin will move to buy now or we have to wait first.
Is there any strong reason to sell at 9,1K? Or it is just because you have seen Bitcoin touched 9,1K before went back down to 8,3K? Because, it couldn't happen again if Bitcoin price starts to go up (from the current price) At this point, maybe most are still considering 9K as the resistance. Unless the chart will say otherwise, I think 9K is a good target if you are trading. But if you are in for the long haul, that should be set higher because the market sentiment for this year is very positive. It is a waiting game and the point of seeling depends on the investor himself. If the price have already met your satisfaction, then selling is not a problem but if you are wanting a bigger market value, that would also be just fine. Some people are just selling earlier compared to most of the holders because they do not want to risk holding for a long period of time given how volatile the market is, and they might lose profit as well from holding for too long. |
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actually i believe that Halving will Give us all positive outcome but i don't wanna exaggerate on matter because we have seen the power of the whales to make things different from our perspectives . Those who believe that coin halving will have some impact on bitcoin price are busy in buying bitcoin at current dip. I don't think history repeat itself again and again. If bitcoin goes above 10k$ there will be not many who will buy bitcoin, seeing the real world usage or adoption rate.
what?10k$?lol if the market continue to grow before or just after the halving for sure even if this value goes 12k$ people will surely Buy more.and we have seen the last Halving ,those who did not bought before september regret their decisions . One of the assumption of technical analysis is that history repeat itself so there is really a possibility that the price of the bitcoin can reach its previous price again. The halving can become a factor to the boost of the price of the bitcoin, there are now many investors that are waiting to the halving because they are aware to the features that bitcoin can acquire after that halving. Possibilities doesn't mean that we are having assurance of its occurence. It is reallh possible that there might be a halving since we have gone through continuous downfall before but the problem is knowing when will it happen. Positive marks are now observable in the market but I don't think it is an enough sign to tell us recovery will come soon. Maybe, it is too soon to assume for the occurence of such thing and waiting for a little longer would be more advisable. |
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Bitcoin keeps going down and forecasts of a rebound don't fulfill anymore
Bitcoin will go down when last miner will stop mining it. For Bitcoin to work you only need two users. Where there were Satoshi and Hal Finney, they made it work. Satoshi by himself could not. I mean he could send coins to himself, but that would be just pointless. That's because blockchain technology is a broader terminlogy and also thing than Bitcoin. Bitcoin is just a part or portion of thousands of cryptocurrency, which is under blockchain technology. If ever Bitcoin will be gone someday, there are other cryptos that could still exist in this industry given how many cryptos are being generated every week. Blockchain technology has its obvious advantages. |
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I am holding BTC from long time ago. And this time BTC going up can I sell now with this price? Or I can wait for more days?
I don't know when it's a good time to sell BTC because each buyer is at a different price and has different goals. So depending on the price you bought and set a target that suits it. Hold until you make a profit, never lose patience with this market If you are satisfied already with the profit you would get from selling, and if you do want to secure the profit , then there's nothing wrong with sellinf at such point. But if you are wanting more, it would also be okay but be sure of the drawbacks since volatility is in nature with crypto market, there could be negative changes , referring to dumps with their market prices. So it is a matter of your choice ofcourse. Make an action that won't give you regrets. |
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I haven't gone through any charts or the graphs, but during my trading practice I've experienced the starting days of week to have a low price compared to the weekend price. The graph now confirms the statement Monday is good for buying. This can be easily understood by taking the average for the past three or four months performance.
Bitcoin is more volatile during the weekends because the business are closed and volume is less during the holidays. Whales take advantage of this and pump or dump the bitcoins. Also Sunday is the closing of the week and i believe a lot of manipulation is done to close the week as decided by the whales. I agree. Maybe after such manipulations during the weekend, Monday is getting a good day to buy, since the market is exhausted and has not yet had time to recover after a stormy weekend If it does not always happen, then it is just coincidence. The market is volatile, meaning, there's no consistency with regards to market behavior and market value of cryptos. But seeing how the market turned green on the past few days, there might still be a hope for a recovery. I would more believe on the 'good' season for investment rather than days for investing into something. |
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The bitcoin price is going to stay around 7K USD for the rest of the winter.
There are no good or bad signs for the market now.The price volatility is so damn low.
It will go up after the halving. The halving is historically the lowest point on the exponential graph. There's no valid basis for this claim. It indeed happened on the past but given how inconsistent the uprise and downfalls were, it is an enough proof how unpredictable the market is. The bottomline is no one can determine what would happen for tomorrow's market behavior. The best thing to do is to be patient in order to be safe from hasty investments. There is a chance for an increase but there is an equal tendency for dumps. |
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If poor people have nothing there are no ways to acquire Bitcoin.
The key is earning in Bitcoin. That's what gets people excited about it. As it stand some wee genius in rural Niger is going to have a seriously hard time monetising his skills and presenting them to the rest of the world. With Bitcoin and an internet connection he can instantly compete with anyone else anywhere. To a much smaller extent we see that with people earning on this forum right now with signature campaigns and all the other stuff. They're now part of an economy that didn't exist before and some of them will be making much, much more money than any job available to them locally. Acquiring Bitcoin and other cryptos doesn't always require investing. There are other ways to earn not only thru signature campaigns but also to faucets, airdrops, and such. The easiest way is to invest but earning it without using your own money would be better to begin with, in this industry. You just have to be resourceful enough in order to gain profit. But also, do not depend that much in cryptos to obtain wealth. |
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A 100% return on investment seems like a conservative estimate to me considering Bitcoin has reached $20,000 in 2017 and $14,000 last year and started this year around $7500.
That means it would get to just $15,000. I think more like $25,000.
While taking your "conservative estimate", you are accounting for 2017 and 2019, while ignoring 2018 and the two years which preceded 2017. You need to remember about 2018, because during that year the prices went down from $15,000 to $3,000. How can you be sure that such a bearish trend will not occur this year? Also, what about 2014-16, when the prices dipped by 85%? The changes from situation to situation of the past, simply proves stability is absent in this market industry. Things could change at the present but it does not make it certain the the change at this moment would be positive. Things might go the opposite of our expectations. Just accept the fact that the market is naturally volatile and predictions and assumptions will just result to hasty decisions. |
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None. Buy Bitcoin. Be smart.
You are either brainwashed or joking right now. Basics of investments is - do not put all eggs in one place if you dont want to lose most of it. At least invest in Btc and some other cryptocurrency It does depend. Investing to other cryptos would yield to loss especially if the coin you would invest won't be able to jive with the uprise, if ever such thing would occur. Some people would say "Why would I invest into something that won't be profitable?", that's the point. In this industry, volatility is in nature and therefore, profit is not always certain given that changes may occur from time to time. Speculations won't give you assurance. So at some point, investing only to Bitcoin would be a better idea due to its reputation for long term holding. |
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I think it is too short time to reach bitcoin 10k mark because still bitcoin price is around 7k and it will take much more time to reach 10k mark as per crypto experts say and maybe after June it will possible to bitcoin 10k mark.
This is more likely to happen if and only if, there will be a continuous direction with regards to the uprise of the market value of Bitcoin and other cryptos. Bitcoin's price reaching such mark would be possible but not in a short period of time as what OP have expected. Things could still go wrong given that the market is naturally volatile. Let's just hope that the trend at this moment would be somewhat consistent for the following months to come. |
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Just after few days posting this, I think there's no need for us to wait until next month. There's a possibility that bitcoin could touch $9,000 even before the end of January 2020.
The price today stands at $8,827 and just few hundred dollars away and we'll be touching that aim of yours. And we can also get to see $10,000 as soon as possible with the time frame that we are not expecting.
I think this week bitcoin will reach $ 9k. to be honest, I think that the price of $ 9k will be reached in February, or March, but it seems like this year the price of bitcoin starts with a slow pump which is quite good. I'm starting to believe that when in 1-2 days the price of bitcoin reaches the level of $ 9k, people will speculate that the price of bitcoin will reach $ 10k at the end of this month  It is hard to believe that the market value will suddenly reach that far within a few days or within a month knowing that the market value increase at this moment has no assurance that it would be continuous. Bitcoin is a powerful crypto but if we would consider the situation at this moment, and how volatile in nature the market is, it would be absurd to think in such way. But for now, be patient and carefully observe how the market would behave for the next months. |
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Still, as the market has finally recovered (I believe), it’s now time to see where things could be heading up to the end of the year.
Bitcoin prices will slowly go up and I believe Bitcoin will touch 15K in this year 2020. besides that I also hope Altcoin can follow the price of Bitcoin because this year I want to see the market go to back green again after all this time in red for quite a long time. for now I see the price of Bitcoin in a period of increase and it is not difficult for Bitcoin to reach 15K on this year. Keep in mind that the year has just began and we don't still know how would the market behave on the following months given how volatile the market is, in nature. The market value of Bitcoin is really showing positive marks at the moment but such assumptions might carry us way too much and jump to conclusions which might result to huge profit loss if decisions won't be controlled. Not being a pessimist but let's just be mindful of our actions. |
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For last 6- 7 months btc price was around of 7.5k$ , now this support level is no longer, that mean btc is ready to dump hard.
Anyone can post their hopes or their fears, but the post is worthless without any supporting analysis. This was all predictions and assumptions. This has no difference from assuming that Bitcoin's market value will be again breaking records. The market value of cryptos not only Bitcoin, is quite showing positive marks at this moment but given how volatile the market is, there's no total assurance of what could happen as days are passing by. Much better if people would be depending on the reality than to make speculations that could result to hasty decisions. |
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As mentioned, transaction increasing does not necessarily mean a price increase. There could be an increase of wallet address that is owned by a single person, somebody needs to distribute his funds to more people but does not necessarily sell them, an exchange needs to move their funds from a hot wallet in shorter time frame, etc.
A better metric to predict a price increase would be trading volume, with some indicators and tools. Other than that, analyzing the 'fundamental' status is also a good idea. Such as how many merchants and users are using Bitcoin, what's the improvement of the network on the future, is there any competitor, etc.
What a good strategy! But on the other hand, it is still risky because we're not certain when it will increase its price again. We all know that bitcoin is very unpredictable because of its volatility and how come that many people still trust bitcoin on its ability as a famous coin. From the start, bitcoin is really can go higher and higher when it is on its peak and that's the reason why hodling is very useful for us bitcoin fans. Patience is needed because nowadays there's no such thing as an instant money. Actually, bitcoin transactions at this moment is lower than before and also, the market transaction has nothing to do with the market price as long as the transactions are settled in a low market value. Demand will be the factor along with the market volume that would make changes with regards to the market price of a crypto not only Bitcoin. So be careful still and do not be carried away by the hype just because someone told you to do so. |
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So , their economy will collapse because too much money out and of course , that its not a reason for increasing bitcoin price.
A simple reason, high demand make price go high.
Just it. About no one goverment want to make their citizen become millionaire, well , i have no idea.
Maybe it's more like the government are afraid of their citizen could hide their money into cryptocurrency and they have the potential for hiding text, and also the government could not able to control people's wealth and it will be a threat for them Not always. Some government are not adapting cryptos because of its unstable market value which will not promote equality in the market. As far as I know, currencies are created in order to promote balance in the world market and it might be due to lack of market price stability why there are countries which are against crypto adaptation. But let us do hope that someday, problems would be solved and cryptos will be widely used as a currency. |
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