September 2017 coming... Thoughts?

[grumpygit]

I get the impression that bitcoin is becoming more resilient the older it gets. It has fought off a handful of crashes with the MSM then writting it off everytime to then see it come back stronger. Bitcoin has had a hell of a year in 2017 and seen highs I never imagined would happen. Right now I am sat here with my new funds for a 2nd sizable batch of bitcoin to add to my wallet.

It has been weeks now and not all that much has been happening, I was expecting a bit of a fall in price after so much of a gain. I cannot help thinking that there are quite a few people right now thinking the same, many are wanting to jump in. Looks like I am not going to get my fall, which is OK, but looks like I might have to buy in again when prices rise say 5% to 8% in the next few weeks.

I have told myself that whatever gains I make in the next year I will match it with money I have elsewhere to the point of Bitcoin being 20% of my investments, no more. Rule of thumb for me past decade has been risky investments no more that 15%, and that's high for me.

[Flodner]

I think it's better to buy anyway, as Bitcoin will rise

[grumpygit]

I think it's better to buy anyway, as Bitcoin will rise

I am going to buy anyway, but if I can get more for my Bucks, great.

I just get the feeling right now there are  a lot of people are now starting to sit up and take notice, I can see it chasing $6000 by the end of the year if people don't start profit taking.

I live in the south cambs area and there is a lot of money flying around there. I can just see a lot of these people being advised by their investment brokers just as "a little bit of fun" and as a good outside bet to stick 1 Bitcoin into their investment portfolio, and trust me that is peanuts for a lot of people in the UK today. And at the end of the day there is only 16 million Bitcoins up for grabs, not many of them if every Tom, Dick and Harry wants one in their little collection.

[Flodner]

I think also good idea would be to buy some other cryptocurrencies, including new ones.
And may be take part in ICOs, buy tokens
It all depends from the amount of money you have

[yugyug]

current bitcoin value at the moment is roughly in between 4200-4300 USD, if price prediction this year end would reach up to 5000 USD then you will have a gain of at least 15-17 percent in less than a 3 months time and that is still worth to invest today.

[ameliana]

A good idea for september is to buy  bitcoin, or another altcoin that has good speculation.
and you will benefit, if the bitcoin price goes up $ 5000- $ 7000.

[iram1011]

Fall is hardly going to happen now. When the price is in bubble, it usually shoots up and then suddenly drops. While Bitcoin has been maintaining $4100-$4400 price range from quite a time now with small fluctuations. This shows all the growth was natural and will continue as well. In September, Bitcoin can easily touch $5000.

[BADecker]

But beware. Bitcoin started 2009. By November 2012 it was near $1250. At the beginning of 2017, it was around $250. Now, $4300.

There are some interesting forces playing with Bitcoin. The swings are short term and long term.

There are some financial gurus out there who are suggesting $500,000 to $1,000,000... without a clear time limit.

If the USD wavers in some slightly significant way, Bitcoin might skyrocket.


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[iram1011]

But beware. Bitcoin started 2009. By November 2012 it was near $1250. At the beginning of 2017, it was around $250. Now, $4300.

There are some interesting forces playing with Bitcoin. The swings are short term and long term.

There are some financial gurus out there who are suggesting $500,000 to $1,000,000... without a clear time limit.

If the USD wavers in some slightly significant way, Bitcoin might skyrocket.

Where did you get these statistics?

In the start of year 2017, Bitcoin was $1000 and it never touched $1250 in 2012. It was in November 2013 when Bitcoin touched $1190. Bitcoin hovered between $100-$1200 from year 2013-2016 with occasional ups and downs. In 2017 there was an accelerated growth which is continuing because of increased user base or demand.

[aysg76]

I strongly believe it will climb to 5500$ in September. So it's better to hold to current bitcoins or to start up with an investment in it. This upcoming month will surely bring some great chances to earn good profit...

[pooya87]

I get the impression that bitcoin is becoming more resilient the older it gets.

only because more people get in and market grows bigger and the resistances become stronger and also more importantly because more people figure out what FUD is and they start disregarding it.

It has fought off a handful of crashes with the MSM then writting it off everytime to then see it come back stronger.

MSM? MainStream Media?!!
anyways there wasn't really any real crash! it was all FUD and a little panic because of forks. a drop was expected and a bigger drop was also expected because of how bitcoin and its panic sellers work.

It has been weeks now and not all that much has been happening,

price is not supposed to swing around every single second of every single day
there is different phases:
- rally
- correction
- accumulation <-- we are here

I was expecting a bit of a fall in price after so much of a gain.

and it has already happened.
click here and look at Aug 22 (~7 days ago)

I cannot help thinking that there are quite a few people right now thinking the same, many are wanting to jump in. Looks like I am not going to get my fall, which is OK, but looks like I might have to buy in again when prices rise say 5% to 8% in the next few weeks.

you would be most probably wasting your time because if you click on that above link you can see the rise happened, then the correction came and price went down a lot for you to buy at cheaper prices (~$3600) and you already missed it.

i say if by 1 in a million chance it dropped again, you will miss it again also.

[criz2fer]

Realizing the marketcap today, i think it will skyrocket slowly until the end of the year. Still waiting for another hopeful small dump to buy bitcoin. Looking at it this week, bitcoin is unstoppable.

Is there be really another segwit? If this will happen people will hold again to buy and will wait another month to observe if it will be successfull

[helloeverybody]

Its hard not to notice that weve had an extrememly large injection of fiat the past couple of months. To me this looks like more people are investing than taking a profit so in my opinion a large correction is long overdue. Im sure price will still stay quite high compared to months ago but im not so sure we will be going as high as most people seem to think we will be. Surely the bull run has to end eventually?

[1Referee]

I too have been expecting the price to come down, where it will correct itself to more appropriate levels as I believe that the currrent market is overbought. However, the market is as unpredictable as it has always been, and from there it goes mostly in the exact opposite direction of what most people here were thinking. In that regard, I prefer a hold a neutral stance from this point - it may still correct as I and a lot people here were initially thinking, but market might also consolidate right now, where it will start to rush further to the $5000 level and beyond. Either situation is extremely profitable for me, so there will be no feeling bad or disappointment.

[Pursuer]

I am sorry to disappoint you but if you are expecting a crash then it may not ever happen until a new ATH is found.
we are after a big price rise and also after multiple price corrections where price took a dive and recovered. and remember than each time price does a correction after a rise, it becomes smaller. so you can not expect the same bottom even if a drop happen. if you have missed buying in the previous biggest drop then you have missed that forever. right now you can either buy at this price or wish for an unpredictable thing to happen like an exchange getting hacked out of nowhere or US banning bitcoin

[cdrking]

September will be another positive chart for bitcoin and it can go up to $6,000 quick, believe me I came from future.

[Yuuto]

I get the impression that bitcoin is becoming more resilient the older it gets. It has fought off a handful of crashes with the MSM then writting it off everytime to then see it come back stronger. Bitcoin has had a hell of a year in 2017 and seen highs I never imagined would happen. Right now I am sat here with my new funds for a 2nd sizable batch of bitcoin to add to my wallet.

It has been weeks now and not all that much has been happening, I was expecting a bit of a fall in price after so much of a gain. I cannot help thinking that there are quite a few people right now thinking the same, many are wanting to jump in. Looks like I am not going to get my fall, which is OK, but looks like I might have to buy in again when prices rise say 5% to 8% in the next few weeks.

I have told myself that whatever gains I make in the next year I will match it with money I have elsewhere to the point of Bitcoin being 20% of my investments, no more. Rule of thumb for me past decade has been risky investments no more that 15%, and that's high for me.

Honestly it would really be quite dumb for anyone to be investing too much in bitcoin right now.

I feel like in the coming month we might see some rises but after that we might see some sizeable corrections happening at all. This sort of exponential growth can't just go up forever, every single time there has been this kind of growth there has been a dump afterwards. The problem is timing the dump and that usually can't be done efficiently.

ATH could be broken but then again, it'll just be the peak of the bubble. I wouldn't put more than say, 15% of my portfolio worth in btc. If you bought btc early then maybe up to 50% but don't buy too much right now.

[timerland]

I get the impression that bitcoin is becoming more resilient the older it gets. It has fought off a handful of crashes with the MSM then writting it off everytime to then see it come back stronger. Bitcoin has had a hell of a year in 2017 and seen highs I never imagined would happen. Right now I am sat here with my new funds for a 2nd sizable batch of bitcoin to add to my wallet.

It has been weeks now and not all that much has been happening, I was expecting a bit of a fall in price after so much of a gain. I cannot help thinking that there are quite a few people right now thinking the same, many are wanting to jump in. Looks like I am not going to get my fall, which is OK, but looks like I might have to buy in again when prices rise say 5% to 8% in the next few weeks.

I have told myself that whatever gains I make in the next year I will match it with money I have elsewhere to the point of Bitcoin being 20% of my investments, no more. Rule of thumb for me past decade has been risky investments no more that 15%, and that's high for me.

Extremely good idea for you to diversify your investments into other fields than just bitcoin.

Bitcoin is a great long term investment but don't expect it to go up much more. In september i think we are going to see lots of sideways movements, potentially the price will be down by a couple of hundred bucks after another pump.

Not sure when the major adjustment that everyone is talking about is going to come but imo it is going to come sooner or later. Matter of time, really. Just don't invest anything more than you can afford to lose, this is same with everything.

[Iranus]

But beware. Bitcoin started 2009. By November 2012 it was near $1250. At the beginning of 2017, it was around $250. Now, $4300.

Can you please stop making up numbers?  The rise to >$1000 was in 2013, not 2012.

Also, the price at the start of 2017 was $972 according to coinmarketcap.
Ignoring news and negative situations does not mean that BTC is more "resilient" than before.  It's important to recognise that some of this price rise has been caused by "new" money which was not aware of the previous situations BTC was in and they could still be weak hands for all we know.

It's more likely that the market thinks the positive news (particularly SegWit) outweighs the negative news for the time being.  This will not remain forever - as we know, there will always be bearish periods for assets.
IMO, the price will remain reasonably high until about mid-October.  Then it'll all be down to the outcome of the New York Agreement.

[Cult]

My crypto portfolio value grew so much now it's 90% or more of my net worth, I'm still growing my portfolio and often move between crypto currencies, moved a bunch of bitcoin to ethereum two weeks ago, it was a good move.

I'm also checking for new and promising coins like, it can be very, very profitable finding those gems in the very beginning.

Everybody been talking about September, let's see if it doesn't disappoint.