Bitcoin top 5000$

[harizen]

Hello!
I tend to just read the forum and not to join in but there was a question I really wanted to answer so... Here I am!
What do you think about the Goldman Sachs prediction of a 4800$ top where all will collapse? Sounds like a biblical prophecy but well, they have been quite accurate about bitcoin so far.
We are getting close to the target so... What do you think will happen?

I was thinking that regardless of the prediction, maybe the 5000$ will work as a hardcore mental barrier... And pop the bubble.

So, what are your thoughts?


PS: Unfortunately I cannot paste the link as it says it is suspicious... but you can find it on CNBC

Just keep in mind that NO ONE nor NO GROUP can predict what will be the EXACT thing to happened in bitcoin especially it's price.

All in all that is considered as Speculation because it was just a prediction. If they have some close guesses in the past well so be it but can't be considered as reference in what will happened in bitcoin price.

It will popped or not and even the price won't reached $5,000 this time then that's it. What matters here is the resistance around that price range which is more interesting rather than going back again to our considered now as low price.

[thend1949]

Hello!
I tend to just read the forum and not to join in but there was a question I really wanted to answer so... Here I am!
What do you think about the Goldman Sachs prediction of a 4800$ top where all will collapse? Sounds like a biblical prophecy but well, they have been quite accurate about bitcoin so far.
We are getting close to the target so... What do you think will happen?

I was thinking that regardless of the prediction, maybe the 5000$ will work as a hardcore mental barrier... And pop the bubble.

So, what are your thoughts?


PS: Unfortunately I cannot paste the link as it says it is suspicious... but you can find it on CNBC

Just keep in mind that NO ONE nor NO GROUP can predict what will be the EXACT thing to happened in bitcoin especially it's price.

All in all that is considered as Speculation because it was just a prediction. If they have some close guesses in the past well so be it but can't be considered as reference in what will happened in bitcoin price.

It will popped or not and even the price won't reached $5,000 this time then that's it. What matters here is the resistance around that price range which is more interesting rather than going back again to our considered now as low price.

Even that considered low price isn't worthy to be called low, because if it went back to lets say at $2000 it's still an opportunity for us now specially those long time holders who haven't check the current price update. That's possible that it will happen many will sell their coins in the future, so we can expect more thrilling days of bitcoin prior we will be hitting at the top of $5000. We must still be calm and always observe the current price trend and be smart to have your best decisions whether you hold or sell.

[angaper]

Hello!
I tend to just read the forum and not to join in but there was a question I really wanted to answer so... Here I am!
What do you think about the Goldman Sachs prediction of a 4800$ top where all will collapse? Sounds like a biblical prophecy but well, they have been quite accurate about bitcoin so far.
We are getting close to the target so... What do you think will happen?

I was thinking that regardless of the prediction, maybe the 5000$ will work as a hardcore mental barrier... And pop the bubble.

So, what are your thoughts?


PS: Unfortunately I cannot paste the link as it says it is suspicious... but you can find it on CNBC

Goldman Sachs should have no moral authority to predict future crises as they failed to predict the 2008 crisis and are a fundamental part of the current exploitative economic system that has a lot of interest in destroying people's credibility in bitcoin.

By the way, I have an interesting Bank of America-Merril Lynch document dated December 2013 where they claimed that the maximum value that bitcoin could reach in history would be $ 1,300, and after that investing in bitcoins would be a big risk, what you think? Sound familiar?

[ragnar0k]

So... I have decided to hold - I think that even with a 30% retrace, I am still good since I entered at ~2k
But still, I think this time is a bit different than the previous times. Competition was mostly meh back in the days.
Now there is Ethereum and BCH

Ethereum is just half BC cap so I can see a 'lead' switch happening, particularly given their September release. It was already very close to surpass BC in capitalization...
BCH... I always thought it is a crapcoin, but if BC lowers the price per block with higher difficulty, BCH can really have a go at biting BC's bum.

Just my thoughts.

And yes... fair point that Goldman Sachs & Merrill Lynch failed in the past... But I am pretty sure they bought in the meantime a good stake of coins and can manipulate the markets to make sure their predictions are indeed correct

@Kemarit thanks for the welcome! XD

[Casdinyard]

wow! One more ttime, Bitcoin reaches ALL TIME HIGH. I think its not so far to hit $5000 cap. Actually, last couple of months the performance of Bitcoin really impressive. I could not wait to see that price as there I have little investment.

Yes, a new all time high has got recorded to the history of bitcoin. This keeps on changing in the upcoming years as more and more users get into it, as well more adoption happens in terms of banking as well other financial sectors that play a major role in the growth of the country's economy as well the world as a whole.

Yeah as we hit again a new all time high, surely more people will be get more attracted to invest to boost their financial status. This will be again the talk of the town as scaling debate will arise again. The $5000 is within reach by our hands and this is a great beginning to start the month. Hope our christmas will be more merrier.

[rhamzter]

wow! One more ttime, Bitcoin reaches ALL TIME HIGH. I think its not so far to hit $5000 cap. Actually, last couple of months the performance of Bitcoin really impressive. I could not wait to see that price as there I have little investment.

Yes, a new all time high has got recorded to the history of bitcoin. This keeps on changing in the upcoming years as more and more users get into it, as well more adoption happens in terms of banking as well other financial sectors that play a major role in the growth of the country's economy as well the world as a whole.

Yeah as we hit again a new all time high, surely more people will be get more attracted to invest to boost their financial status. This will be again the talk of the town as scaling debate will arise again. The $5000 is within reach by our hands and this is a great beginning to start the month. Hope our christmas will be more merrier.

If the bitcoin hit the $5000 it was a new record in cryto currency history. However we never know when bitcoin reach the $5000, because if we review the fluctuation of bitcoin now seems a little bit increasing will happen.

[audaciousbeing]

[quote author=rhamzter link=topic=2133359.msg21397578#msg21397578
If the bitcoin hit the $5000 it was a new record in cryto currency history. However we never know when bitcoin reach the $5000, because if we review the fluctuation of bitcoin now seems a little bit increasing will happen.
[/quote]

The day this will happen is closer than where we were last week its also possible that a set back is witnessed but what is happening now is a testimony to the fact that its possible to get to see $5000 and even surpass it and there are several indices to back this up even by forecasters and the traders.

[richardsNY]

If the bitcoin hit the $5000 it was a new record in cryto currency history. However we never know when bitcoin reach the $5000, because if we review the fluctuation of bitcoin now seems a little bit increasing will happen.

Reaching the $5000 level is nothing more than a statistical/psychological achievement. Bitcoin has been demolishing basically every high by a huge distance, and from there our next target will be the $6000 level. Funny thing is that a jump to $10,000 looks miles and miles away, while in reality it's 'just' an increase of around 100%. Currently, the price has gone up like 400%, so from there to add another 100% might not look like much, but it will turn out to be a very difficult target. If we do happen to reach that level, then we can properly consider that to be an achievement.

[2double0]

It doesn't look more as a bubble bursting level but rather is a barrier which if gets broken, may throw bitcoins over 2x its current value because nobody is concerned about 5k or no one is talking about any bubbles here but all they are looking for is a $10k bitcoin.

[AngelSky]

It doesn't look more as a bubble bursting level but rather is a barrier which if gets broken, may throw bitcoins over 2x its current value because nobody is concerned about 5k or no one is talking about any bubbles here but all they are looking for is a $10k bitcoin.

Now it's the next barrier.At first they speak about 2500$,next they talk about 3000$.After that they talk about the peak of 3500$.Then 4000.After Achieved all the barrier that talking about 4500$.After  also they talk about 5000$.Now the price is Around 4835$.In two or three days they will achieved 5000$.

[BartS]

Hello!
I tend to just read the forum and not to join in but there was a question I really wanted to answer so... Here I am!
What do you think about the Goldman Sachs prediction of a 4800$ top where all will collapse? Sounds like a biblical prophecy but well, they have been quite accurate about bitcoin so far.
We are getting close to the target so... What do you think will happen?

I was thinking that regardless of the prediction, maybe the 5000$ will work as a hardcore mental barrier... And pop the bubble.

So, what are your thoughts?


PS: If you did not read the article here it is: https://www.c[Suspicious link removed]m/2017/08/14/goldman-sachs-says-bitcoin-may-rise-about-500-more.html (sorry, no hyperlink as it detects it as a suspicious link for some reason...)

I don't know... while Goldman Sachs' s predictions were the responsible of the worst economical crisis of the last decade, john McAfee is a visionary who won many successful improbable bets in his life. I would take his prediction for more valuable.

I would not trust him because of that, winning the lottery is almost impossible yet every day a person wins the lottery, there are so many traders in the world that some will beat the law of averages for the simple sheer numbers of traders, in conclusion he may just be as lucky as those lottery winners and he does not even know it and thinks that is because of his personal skill that he has achieved his success.

[Clark05]

Oh my god bitcoin price as of now september 2 is already 4900 dollars and still continue so you can invest now your money. But investonly you can affors to lose. I hope this day the price of bitcoin will hit 5k dollars so we can make a lot of profit. I think the price of bitcoin before end of this year possible to reach 7k to 8k dollars. More bitcoin that you have more chances to earn more.

[audrey12]

It's really close to $5000 I think it can actually reach $6000 before the end of this year

[ragnar0k]

...aaaaand Goldman Sachs was right
Looks like we are heading towards a 20% correction or so.

[blackmagician]

Just to balance the market they need to correct some things including the high price of bitcoin. From 5000$ went back to 4500$ that might be the correct price of bitcoin within this month.

[Barbut]

I was thinking that regardless of the prediction, maybe the 5000$ will work as a hardcore mental barrier... And pop the bubble.

Same barrier we had on 1000$, you are newbie and maybe you wasn`t here to feel it, but you can find threads and comments from that time and you will see what I`m talking about. Bitcoin market fall down for couple billions and now price is going down. But the same way the money is going out we come to a point when it goes back in, billions of dollars move the price of bitcoin.

...aaaaand Goldman Sachs was right
Looks like we are heading towards a 20% correction or so.

Who didn`t expect this to happen? But price will go up again and before new year many things can happen, I`m optimist when it comes to price of bitcoin. Price already went up a lot in past few months, little break couple more good news after will push price higher then ever before. Goldman was right now, short term prediction nothing more, after every peak there comes a dip most people here knows that, but predicting price in long term is much more harder.

[ragnar0k]

Just to balance the market they need to correct some things including the high price of bitcoin. From 5000$ went back to 4500$ that might be the correct price of bitcoin within this month.

Yep... Let's just hope it wont turn into a massacre due to the ICO regulations
I can assume many of the companies that now need to comply are cashing out - and I think it is also safe to assume that some of them converted their eth into bitcoins, hence the crash
Honestly, I am glad they are regulating the ICOs, as long as it doesn't turn out to be the same old manipulation and reduction of freedom of speech

Same barrier we had on 1000$, you are newbie and maybe you wasn`t here to feel it

Guilty as charged

Who didn`t expect this to happen? But price will go up again and before new year many things can happen, I`m optimist when it comes to price of bitcoin.

Haven't sold a single satoshi as of yet, infact, I'll be buying something soon... Still scared this ICO thing might become a big problem!

[HAARP]

After all time high point, we've seen over than 15% drop in bitcoin. The price declined very sharply which worried most of us. I still think this is only a correction rather than a market crash. It will get better soon.

[shezu007]

I don't believe in the existence of experts who can give correct predictions of the behavior of bitcoin. I think they all are funding different groups and their predictions only to carry out their orders. I suggest everyone to live by your wits and to trust no one.

I think we should trust our own intuition towards the price of bitcoin, but I think all of the things that OP and you are seeing, hearing, and reading towards the price of bitcoin are all just speculation it is not prediction it is just a speculation about the movement of bitcoin, you two can make an speculation of your own towards on what do you think might happen to the movement of bitcoin.

I mean I'm very confused between something what I'm not gonna say but my heart let me say that say that words because if you are talking about trust in a middle of bitcoin so you are mad. Bitcoin is 100% trusted currency around the world many people have invested and there lives become changed so what can we say about that?

[Lmaooo]

Hello!
I tend to just read the forum and not to join in but there was a question I really wanted to answer so... Here I am!
What do you think about the Goldman Sachs prediction of a 4800$ top where all will collapse? Sounds like a biblical prophecy but well, they have been quite accurate about bitcoin so far.
We are getting close to the target so... What do you think will happen?

I was thinking that regardless of the prediction, maybe the 5000$ will work as a hardcore mental barrier... And pop the bubble.

So, what are your thoughts?


PS: Unfortunately I cannot paste the link as it says it is suspicious... but you can find it on CNBC

Patience is the key my friend! In time all our dreams will be become true regardless of market correction and challenges. Bitcoin value will soon reach $10k not even $5k. 😁