I hope so that bitcoin will reach again at the highest peak before end of the year, but it seems bitcoin is slowly to go up looks like it will not reach at the highest peak maybe in the next year will happen.
Not betting on anything above 10k for 2018. A solid run to cap this year may get us just around that 10k level and that would already be something to be thankful for considering the way the market is moving. |
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I'm not sure when exactly etf will happens again, but it seems that the schedule of etf applications runs upto Feb 2019 as far as I know, so by the end of this month, a decision should be made. But I think we dont get an approval.
Well approval or not, it's probably going to make very little difference. They might as well apply that to ripple since it's bank backed anyways. It's advisable to keep your expectations low if you're ecpecting a price surge if we get a result. |
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We know that bitcoin has a strong tendency to end the year by going up in value, it is something that many people are already waiting for because they want the price to recover, but that is not enough of a reason to think that we are seeing any kind of hype, at best I think this year could end with the price of bitcoin reaching 10000 or something similar like that.
There might be no hype for bitcoin right now but in other coins like XRP, its possible. Hopefully, whales are tired now to dump the market so in order for them to take profit they need to hype the market again. I also believe bitcoin will end this year at higher price compare the price today. Hype in altcoins are different than in Bitcoin but it could affect the hype of Bitcoin mostly in altcoins. I don't if whales are still part of it but i don't see any relations to the current pump. I think it is because of the recent event of SEC and ETF that's why we saw an early pump yesterday but it just fell a little percentage of the price now. Well there hasn't been any results yet for that etf anyways although a lot of people are hyping that up. It's not even sure that it'll get approved. And until there's a consistent upward movement to back a hype up, it'll simply be just hype. |
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Actually what happened to the market and BTC now? then what about the Altcoin situation that also follows a graph that continues to decline. I think I have to stay calm for a while and spend time with my family at home.   Don't panic my friend as crypto has full of surprises and this can bounce back easily once the market recovers. Be patient to wait and hold your coins for the best price. Well surprises can go either way. Probably best to just prepare for the long run. Good idea to just spend more time with your family and turn your attention somewhere else in times like these. Though the market is actually not doing bad recently. |
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Yrah i get the point. It's going to be less ptofitable for individual miners to compete with more capable groups. Considering the cost they have to commit to get very little profit. With the boom on crypto market last year, we're probably going to have less individual miners
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A high percentage of so call predictors predicted this year that bitcoin will drop to some ridiculous price like 1500$, 2000$ and so on I hope the can see that bitcoin is an established coin and stop causing panic amongst traders
Those speculations makes money from those that panic because of FUD and fake news. Without them you should know that there will be no profit to make or losing money. Bitcoin may not get back to $1200 but the reality is that it is still possible. Random predictions from people who probably don't understand much. I'm not saying it's impossible but it's very unlikely that we'll go back to the 1k level with the growth btc had this year. |
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Nothing is certain in this market, We still have the last 3 months of 2018 to hope that the price can reach 18000$ again. Just like 2017, growth is only going to last for two months, but it can happen again in 2018, but it can not be sure. We need to wait until October for everything to be clearer
Well although the last 4 months have given us pretty good runs in the past years, i wouldn't count much on getting to even 15k this time. Unless the whales decide so but if it's just the natural flow of things in crypto, i doubt it. |
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based on what i have seen those who talk about such ridiculously big drops are either newbies who have missed out on buying buying bitcoin prior to the rise and are not wishing for the good days to come back, and they won't stop at $5k they will want lower, they will go as low as $100 and still wouldn't buy.
or they are just FUDsters trying to fill their shorts and make a tiny amount of profit from a small price drop.
This is something that I see a lot in the forum, it is as if people want those years to come back and to buy when bitcoin was very cheap so they could make a fortune, but if those days actually came back and the price was as cheap as you say I'm sure that not a single person of those that are claiming to want to see those prices again are going to buy bitcoin out of fear. Well i agree. It's either they don't know what they're talking about or are deliberately trying to scare people into panicking. I guess that's not going to work now since the correction acted like a purge to remove weak hands. Even if it does go below 6k, we have a lot of steady holders now |
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I know people have been saying that since forever. This whole year people have been yelling ''bullish'' every day however, memes aside I truly think bitcoin is bullish. Obviously we are in a downtrend but I just find it funny when people lose their minds because bitcoin went from 7400 to 6700 in a day when in december we had $3000+ moves to the upside. No one was complaining back then huh? Technically speaking when you look at the weekly/daily chart you can see we are basically in a descending wedge which is, technically speaking, a bullish indicator. We have been forming weekly lower highs all year, however if the support area around 6000$ holds again this time, we will be in a really good position to actually break the lower highs, we would only need a 1000$~ move to break it for the first time in basically a year.
Not to mention the clear interest, governments/entities/businesses are taking in bitcoin. ETF's, Nasdq, etc etc, even if they aren't approved.
I still think that we've got some more space to go potentially before we finally hit rock bottom in this bear market. And even if we already have established the bottom at $6k, it's very likely that we're going to see further consolidation at this level for at least several more months until the end of the year, before a recovery actually starts happening. For one, market sentiment is bearish still, and even though institutional investment is coming in, people generally do not react that positively to bullish news in a bear market as they would in a bull market. For two, previous bear markets have lasted around 1-2 years before recovery, which is a figure we have not come close yet, so I doubt that we could consider BTC bullish atm. But a bull market will come eventually, and accumulation will prove to be extremely profitable in the long run if you do so at this price level. ''previous bear markets'' there was really only 1 previous bear market, bitcoin is too new to look at the past. The space is way too different now than it was back then, more coins, more volume, more exchanges, better exchanges, potential good news, etc etc. There is no reason to think this bear trend will continue for 2 years. Technically speaking there is no bump in the price for several months and the price is stuck between $6000 and $7000. What does it means? I wonder where bitcoin is going. Most people are thinking positively that the coming days will be better for bitcoin but the current situation tells that bullish trend holds the market for long time and no signs of improvement. This whole year is the worst year in the history of bitcoin. Such huge dip in the price has never seen by any one. Those who bought bitcoin for $19343 have lost almost $13000 in each bitcoin. The rest of the year is also not giving any good signs for improvement. How can I say that the market is bullish? If there is any bullishness the price would be more than $20k till date. How long have you been in crypto anyways dude? There were downtrends that exceeded 75% in the past though not many were in crypto that time. I share op's bullish feeling since bitcoin has been pretty steady lately. |
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If I were you OP, I would not expect much from ETFs since they won't impact the market that much because:
I'd like to say the same thing as well that don't expect too much with it but understand what really ETF's are. It will determine a small price pump but just like what others said that you have to know the details regarding it. Just like what's with bitcoin futures before, a lot of people doesn't have an idea about and is only thinking about the spikes. I also agree with those that said it will create a short term pump and later on we'll be back on where it used to be. Well, I don't know if SEC is playing with this they keep on delaying it. Yeah it could very well be a simple kick to excite newbies if it does get approved but nothing like what they're expecting. It won't have a lasting significant effect that's for sure, considering that many crypto supporters aren't really in favor as well of etf. |
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without big news is never bitcoin price can reach to 50k dollar
big news sample ETF accepted bitcoin proposal and regulated in USA
Big news are not really necessary for bitcoin to reach 50000, what it happens is that the process is going to be a lot slower, like what we are seeing right now, however it seems that people invested money that they could not afford to lose and that is what they are looking for any positive news that could make the price recover as fast as possible. Well he said this year though, and i doubt that any news could propel bitcoin to anywhere close to 50k this year. Etf won't have a lasting effect on btc value regardless if it's approved or denied. |
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Yes it depends on you, if you want to sell your car to buy bitcoin or invest in bitcoin. That is a good action for the future, because bitcoin is a long-term investment tool. But if you want to quickly take advantage, I suggest not to invest in bitcoin.  This is good primarily because the car is a liability, and bitcoin is an asset. Convert liabilities into assets is a good, but risky idea. indeed for all investments there is always a risk, but if you don't want to face the worst possible risks, then you will not be able to get an experience, because investing in crypto bitcoin is a good decision right now Well i'd say this isn't a very good idea if you ask me but i'd imagine those people who took a risk with their properties at the start of 2017. They'd probably tell you it will be all worth it. But then again, your car, your call. |
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As we approached sub $6k and actually hit $5.9k... we see another huge pump to $6400. Impressive, a $500 dollar move up just like that, on a single candle. Someone bought a pretty decent amount of coins.
The theory of how that $5k-6k price range is the diamond solid ground in which miners will never let bitcoin go below is shaping up. Governments want to take the price down and tank it so they can buy it all but someone (maybe rich miners and other whales) keep using that range as the reverse point. Let's see if it holds. We have touched this same point so many times that the theory might be right.
I believe that there will be a huge pop up again because most of the countries today are now legalize to invest on cryptocurrency since there is a huge pump last december before the year ends. We are observing pop ups like this many times in this market from the start of this year but these are just for the time being and we will have a great future market like we had been many times in the past. We have to just focus on things to be perfect for us and currently we have only one benefit which is to go forward for more investment so as to get it in large quantity on low price. Well it did hold on for most of the recent months so you have a good point. Probably a rich miner, probably a btc whale, but for sure it's someone or a group of people that has enough means to move the price. |
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I do not think that we will see a price as low as $ 4000, maybe it will go down but it's hard to say
It is difficult to say. You are right because we are just ordinary people, not those who have special abilities.  I also don't think it will drop to $4000 because the next few months are good times each year. Well if it's still going to have another dip, i don't think it'll be that far from where the current value is. I agree that historically, the last quarter of each year is always on a positive not. And hopefully that won't break trend this year. |
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If the price of bitcoin is falling, stop following the prices to avoid being affected psychologically. Turn your monitor off and just go outside and do something else.
The human being have 6 sense so all the investors are waiting for the future hype. I think no one is turn off the computer and go away from Bitcoin. Because all the investors are buying this dip then only it will make good profit in future so most of the peoples are active this period. Some peoples are holding for long term so they never take it mind so who expect more in this investment they only monitor the market. Yeah it would be very difficult to practice that especially if you have a lot of investments. This is why it's important to be fully aware of what you're getting yourself into. If you accept the risks right before you made your first investment, falling prices shouldn't affect you that much |
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Bitcoin price CRASH: Analysts think cryptocurrency could be reaching its BOTTOM
BITCOIN could be reaching the bottom of its bear run as experts speculate the cryptocurrency could fall in the $6,600-$6,000 range over the weekend, it has been reported
I think bitcoin will not reach the bottom because many whales don't do that maybe 6k price is the last price and it will be rise again this coming months or maybe next year. And I think many people holdler don't care about the price because they believe that crypto will survive this bearish situation. We can just say about it when something happens and clear to us in different times as we know further that market is not always stable for it but we have seen many fluctuations or ups and downs in price. However Bitcoin’s price has taken a long time in order to recover its normal conditions again but now it is not too far to see its high market where the price of it will let us sell out for huge profit so hold you coins. A lot of things that have been reported eventually ended up in the trash bin. I think for this year, we've already bottomed out at 5.8k. With the market showing good signs and we're nearing the last quarter of the year, it's probably going to be more positive than negative. |
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BTC will go to 3k$ by DEC 2019, tons of people bail on it on a regular basis.
The governments,media and elites will ever fight bitcoin and cryptocurrencies in general as there cannot control it. Bitcoin go back to $3000 in 2019 are things that one cannot believe and I have tried to come to this through analysis but it is not adding up. That's more than a year from now. I wonder where that came from with most predictions looking positive for btc next year. Unlikely to happen and i think it's a random speculation. |
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I think that would be nearly impossible for now, since it's on a higher value. It's now that so easy to bring bitcoin to that price since many countries are now adapting it's uses and privileges. If that point comes, then it is probably the end of bitcoin already.
I am not convinced that that will be the end of bitcoin, because until now there are still many who invest in bitcoin and still believe it and there is indeed time in terms of trading there are times above and below one day, but I assure that bitcoin will still exist Well 1k isn't going to be pleasing for a lot of people. Even those saying that they're waiting for the price to drop more won't find it promising if we go that low. Panic would surely take grip and i don't know where we'll be after that. |
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The future of bitcoin I think will be more accepted by the public next year because blockchain makes it easy. The quantity of bitcoin will increase and prices in 2019 will be stable. That is possible.
This year the blockchain is being studied in many countries to apply in many fields. As a result of development, bitcoin will get more attention. Price will be unstable because it will increase nonstop. Well once people understand more about bitcoin and crypto, acceptance and adoption would considerably grow. And we may see a couple of runs like that of 2017. Though i wouldn't mind if the market takes it's time getting people's understanding. |
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Bitcoin won't last forever but bitcoin will not die in the near future and nobody can assurance bitcoin will still alive but rather than thinking bitcoin will last or not i think we have to more concern to increase the price and how to makes people more confident to use bitcoin in the middle of downtrend situations
For me the most important will be the time when whole amount of bitcoin will be mined, only thanks to that we will find out if bitcoin has enough strength to last forever on this market or not. Well everything is finite one way or another. Fiat may be replaced by crypto the same way bitcoin may be replaced by other technology. You can't talk about assurances when you're in this market. |
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