Hi I am new here and not used to the volatility in the price, and will the market recover or is it due to selling during the festive season? In other commodity trading, drops like this is indicative of a market slump and may result in panic selling. Is this a true reflection or is it normal? The prices went drastically and unexpectably without any reason so the price correction was needed but the prices went down a little more than expectations to low as $12000 but predictions are very difficult to make in this crypto market but still it is sure that prices of btc are going to increase as soon as the price manipulation comes under control and rise with boost and give more profits to investors so just stay calm and have faith in its power because it has shown earlier also what bitcoin is capable of so hodl.
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Will bitcoin price ever cease to fluctuate so hard? I mean currently it seems as if it's fluctuating just because of the trends among people who believe that investing into bitcoin, given some time, is 100% profit. But what if the so called bubble would burst, shouldn't the price get more stable?
I agree with you that at current the prices are really going down and many hodlers are getting panic and selling their coins which is contributing to the dump situation but beleive me the prices are really going to surge with great bumps and increase by almost 100-200% when the situation get under control and this is just price manipulation to make price dips but this gonna over soon so have faith in power of btc
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as we know that bitcoin has crossed its highest records in the month of dec we can see newyear is coming as per my opinion upto newyear its rates will be increasing more and more but after newyear bitcoin will have a huge dump but what do you think what will happen to bitcoin in the next year january 2018
Well this year has brought great developments growth for btc prices rose almost by 10000$ which is not an ordinary surge but a great price boost and same trends are going to continue in future also.The prices are going to reach huge milestone and bring profits for the hodlers but everyone has the right to think and its your personel opinion and i dont want to interfere in that but before reaching conclusions do some home work.
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do you think bitcoin will rise in the 1st week of january 2018? what price do you expect bitcoin to reach by the end of the year 2018? will the fee problem be solved?because people are starting to use ethereum for transactions due to such high fee in bitcoin
This coming year is going to bring happiness for all the investors as prices are going to surge high with bumps although the prices are down at current but this situation is going to be over soon so relax and stay calm.As far as fee issue is concerned the developers are still trying to resolve the same but it will take some time but it is going to develop more so have faith in its power.The price speculation are near about $50-$60k by the end of next year which can be achieved as btc has shown earlier what it is capable of so just hodl.
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Can bitcoin drop to $3000?
The price which you have mentioned is a case of crash of btc prices and dropping by almost 11000$ which is not at all possible in any situation.The people who are thinking btc as a bubble assume the same thing of price crashing but in reality the true supporters have faith and know its power.The prices are going to increase in future not drop although small dips remain its nature but beleive in it and enjoy its benefits.
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In 2017 september btc price under 3000$.However it jumped to 18000$ in the begining of this month and now it around 13000$.Will it jump back to 18000$ or more in 2018 january
Yes it can be possible because it has power to do so and jump to that price within a month and predictions indicate that so but we cant be 100% accurate in this feild because its too volatile and prices are not controlled by anyone so see what happens this year.Great hopes by the hodlers.
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Bitcoin is taking a huge plunge! Are you guys selling to be safe, or still hodl in the hope it will go up again?
The price graph are moving downwards due to some price manipulation by reputed investors and shifting their interest into BCH showing it more profitabale compared to btc which is surrounding negativity around people but this drama is going to end soon and prices are again going to surge with great pump so have faith in its price.Financial agencies are also showing their negative attitude towards it's popularity due to which people are getting panic but it will recover soon and reach new milestone.
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BTC will go up 20.000$ in 1 month. Price will be 70 k end of 2018.
You maybe right beacuse btc has the power to grow and can lead the world in shock reaching landmarks beyond exoectations but now the prices are going down because of disturbance in market and the prices can go nearly $50k by next year end but $70000 is much than that which is difficult to reach but who knows what can happen in this market as future is unpredictable.
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Hey all,
Whats the best time to sell besides christmas?
It rely upon your financial situation because if you need money then this time is best for you to cash out but if you are thinking prices are going to down then avoid such thoughts because everytime prices gonna come higher but we have to analyze our situation that we need to sell or not so think wisely
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Hello! I think for the new year Bitcoin $22000; ETH $780. What are the forecasts?
No,these predictions cant turn into reality by new year because the prices have gone down a little and now are at below $15000 and jumping to $25k in 3days is not at all possible but ETH can go beyond the expectations because it has shown sudden increase in prices within few days but in this crypto market predictions dont take time to come in reality so lets see what happens to all the speculations.
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Kuang Ren thinks $10,000 and $8,000 can serve as the strong support and your positions can be added step by step. If price doesnot make it to $8,000, you will still get the cheapest chips though. Feel free to leave your analysis below. Visit https://www.aicoin.net.cn/chart/07B336EA for more info. Full version: Judging from the fact that price dips from high level with decreasing volumes, price is about to effectively break below MA 5Weeks, indicating that a medium-term correction is on the way and each rally is a window to reduce our positions. Yesterday’s lower shadow with huge volumes and today’s small-range rally are within my expectation, as MA 5Days continues moving downwards, however, current rally may come to the end. Horizontal line as circled can act as the resistance, strength of the pullback seems extremely weak according to the volumes, which will increase the odds for price to slump to the bottom. $10,000 and $8,000 can serve as the strong support and your positions can be added step by step. You will get the cheapest chips though price may not make it to $8,000. Yes of course this can happen because now the price is below is $14000 and with little dip and correction the prices can reach that price becuase we have seen this earlier also and its not a crash but a normal downfall which can happen anytime so lets see what happen and wait for its betterment and prices to rise with great bumps.
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As we can see the cryptocurrencies are still being established in the knowledge, socialization and full utilization of humanity, could the cryptocurrencies cause the use of physical money to be eliminated, is this possible?
Its not easy to use crypto at the current time because its not legal so we cant use it everywhere and does not have wide use.Paper money on the other side is used from past and has build faith on people's mind so replacing it is not an easy task and is impossible at current because of its large advantages to masses and its legality.
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Do you think it will be the best time to sell as there are two kind of speculations one says the value of bitcoin will reach $20,000 by 2018 and there are also speculations that the bitcoin might go through a dump in upcoming days but i know we cannot believe into random predictions by random users due to the volatility of bitcoin but i need some suggestions whether to hold on to bitcoin or sell it out and invest some of it into altcoins and then wait for the price drop to reinvest into bitcoin which i am not sure will happen or not.
Seriously asking this is not good thing because its your internal decision and the choice lies with you because you have to anlyze your current situation that whether you have made enough of amount in btc that you are satisfied or not.If was in your place i would hodl because whatever negativity surrounds related to its growth i know it will prove them wrong and reach new landmarks.Rest your choice.
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It seems some price exaggeration actually because the amount you mentioned that is $100k is much than which can be crossed by year ending 2018 as we can make some logic by monitoring price graphs that it can reach maximum of $50-$60k but in near future this landmark can also be achieved.
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So... when to buy Bitcoin? Now.. as it's about to hit $13,000, or wait for a slump?
Many here are still in doubt whether to buy now or not and btc prices are rising on the other side and the people are loosing their oppurtunities to get their bitcoins and earn profits.Same is the case with you waiting for a slump which might or might not come so leave all such thoughts and grab the oppurtunity now and enjoy in future.
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Basically, BTC remians in a oscillating pattern, it seems to be gaining momentum. Do you guys think it's ready to pump again?
An original analysis from Kuang Ren about BTC, feel free to leave your commnets below.
BTC: Selling pressure still exists as bearish news keeps emerging from medias. Psychologically, no panic sentiment spreads among most retail investors, meaning that current position may fail to become the bottom during this correction. Technically, volumes supported by bears are getting lower and lower, while strength from bulls is still limited, which, however, has little influence on the trend reversal. After the release of pressure from bears, it’s time for bulls to fight back.
Original by Kuang Ren, translated and posted by AICoin Jami.
Yes the upward growth or what we call recovery has started and the prices are again rising from $12000 to $14600 in just two days which is enough and now as we are heading to new year the predictions not much exaggerated says it to be around $40k by end of 2018 and then price to the moon and some are still trying to manipulate its prices by creating pump and dump situations behind the curtains but nothing can stop it growth so just hold your coins and dont get panic by price dips.,
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The economic reach of Bitcoin is an interesting subject of discussion. In the end there will be a maximum of 21.000.000 BTC. BTC is a eight-digit number. I suppose that a currency can only be leading if it has the possibility ta pay in small amounts, equivalent tot e.g. dollarcent or eurocent. This statement limits the range of BTC, will the satoshi be the future euro/dollarcent? In that case the maximum money supply wil be BTC 21.000.000,00000000 is e.g. EUR 99.999.999.999.999,99 (by the way: interesting exchange rate). The money supply in the Eurozone (M3) is over EUR 10.000.000.000.000 So without any constraints, the structure of the BTC satisfies the necessary condition. Let's inventory the other constraints.
Since its evolution by sathoshi it has come down a long price and development journey and now is at 15000$+ and used by huge masses for several purposes and it is now recognized the leading crypto with a market cap of above $200 billion.Many altcoins came but they cannot withstand its power but some are giving tough competition but still are far behind.The total supply is of 21 million out of which many have been lost permanently but if we talk about its usage in normal life then at current it is not possible because financial agencies prevents this to happen but who knows this currency become a routine part of our lifetime in future replacing all other things.
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BTCI want to invest in crypto market. I am new here. Please suggested me Is it the right time to invest in crypto. Or which one is best investment bitcoin or bitcoin cash? Both the coins have potential to rise in future and can yeild profits in long term but i would suggest to go with the base that is BTC instead of BCH which is sub-coin to botcoin because it is more profitable and more widely used.On the flip side BCH is more prone to price dips and pump and dump situations which can cause losses to you but if you buy them in lowest prices then it is a good option to invest.At last also i wouls prefer btc over the other as it remains supreme over all other altcoins.
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I know that it varies from people to people and their strategies but there must be some important and basic points which people tend to forget all the time . Of course I don't want you to reveal your trading strategy but some good tips that would really help me out.
This is the thing that have been asked a lot of time on this forum so learn from that.But according to me market analysis,patience and skill played a vital role in your trading strategy so learn from your past mistakes and gain experience that can help you nothing else can help you not any advice because you have to work on your own.This business is very risky so first of all learn about the coins in which you want to invest and then trade in it.
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Bitcoin will rise during the Christmas holidays, just like it did during Black Friday/ thanksgiving holiday. So hold your positions.
See the prices have gone down opposite to real expectations but now they are becoming normal now but we can make only speculations regarding price as there is no researches about it and many people are asking same thing who have expectations from it but in reality we cannot be 100% sure in this crypto market but only make predictions which can be right or not so we can only wait to see what happens.
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