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Author Topic: personal prediction for next days based on logic  (Read 1863 times)
Marian21 (OP)
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September 04, 2017, 10:20:45 PM
 #1

in 2 or 3 days from now the price will be back to normal because ,in my opinion a lot of peoples are scared  not to lose everything . But it is not a good thing altogether because it will decrease the number of cryptocurrency holders by 5% -15% maybe more ...  tell me your opinion about this . Smiley
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September 05, 2017, 07:55:51 AM
 #2

in 2 or 3 days from now the price will be back to normal because ,in my opinion a lot of peoples are scared  not to lose everything .
i don't think it will come around so soon. it may take a while and some accumulation before the next rise starts and also it will take a while before price comes back to "normal".

Quote
But it is not a good thing altogether because it will decrease the number of cryptocurrency holders by 5% -15% maybe more ...  tell me your opinion about this . Smiley
someone who has invested in bitcoin is not going to go away just because a price correction happened. and if someone does really give it up, it is the best thing because we don't want people who are in it for the short term get rich thing.

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September 05, 2017, 07:59:47 AM
 #3

It will take a week or so, to reach the "normal" 4700-4800 range.
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September 05, 2017, 08:13:27 AM
 #4

in 2 or 3 days from now the price will be back to normal because ,in my opinion a lot of peoples are scared  not to lose everything . But it is not a good thing altogether because it will decrease the number of cryptocurrency holders by 5% -15% maybe more ...  tell me your opinion about this . Smiley

This current scenario will be just the same to the old days of dump and regain back, and those people who buy now will be the one who will get more profits since by this time it is the great time to buy some stocks. And last time I saw as of today the price goes down to 4000$ and now the current one is 4,235$ so profits are been gotten for this early times.
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September 05, 2017, 08:23:04 AM
 #5

in 2 or 3 days from now the price will be back to normal because ,in my opinion a lot of peoples are scared  not to lose everything . But it is not a good thing altogether because it will decrease the number of cryptocurrency holders by 5% -15% maybe more ...  tell me your opinion about this . Smiley

This current scenario will be just the same to the old days of dump and regain back, and those people who buy now will be the one who will get more profits since by this time it is the great time to buy some stocks. And last time I saw as of today the price goes down to 4000$ and now the current one is 4,235$ so profits are been gotten for this early times.

I don't think that the prices will be back to where we were a week ago, but I think they will be stable at a level we have at the moment.
People don't see that big red minus anymore on the price tables. This decreases their panic and their urge to sell.
Everybody who has not sold yet will now think that it will be better not to rush thing and sit this one out.

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September 05, 2017, 10:33:46 AM
 #6

in 2 or 3 days from now the price will be back to normal because ,in my opinion a lot of peoples are scared  not to lose everything . But it is not a good thing altogether because it will decrease the number of cryptocurrency holders by 5% -15% maybe more ...  tell me your opinion about this . Smiley

I'm not sure what you mean by people 'scared not to lose everything'. But yeah, i agree with you. I think though that price is probably not going to recover fully but yet make a drastic rise from where it is right now to around $4500.

I think the main source of funding would be from people dumping altcoins especially ICO tokens, and getting into bitcoin because they realize that bitcoin is still going to be the number 1 crypto, and bitcoin is still legal in China since it is not really affiliated with any ICOs nor is it a platform to issue ICO tokens on.

I'd say that by the end of the week we can see $4300-4500. But along the way expect some corrections. We are already at nearly $4250 which is a pretty good sign that people still have confidence in btc rising.

Smiley
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September 05, 2017, 11:01:11 AM
 #7

in 2 or 3 days from now the price will be back to normal because ,in my opinion a lot of peoples are scared  not to lose everything . But it is not a good thing altogether because it will decrease the number of cryptocurrency holders by 5% -15% maybe more ...  tell me your opinion about this . Smiley

This current scenario will be just the same to the old days of dump and regain back, and those people who buy now will be the one who will get more profits since by this time it is the great time to buy some stocks. And last time I saw as of today the price goes down to 4000$ and now the current one is 4,235$ so profits are been gotten for this early times.

Before this year august 1st segregated witness and block size increased bitcoin value started increasing enormously but I noticed that time bitcoin price is getting increase effectively in weekends and nowadays bitcoin price increase and decrease same like that. However, value will retain back and reach the next peak value soon.

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September 05, 2017, 11:09:58 AM
 #8

in 2 or 3 days from now the price will be back to normal because ,in my opinion a lot of peoples are scared  not to lose everything . But it is not a good thing altogether because it will decrease the number of cryptocurrency holders by 5% -15% maybe more ...  tell me your opinion about this . Smiley

I don't think that the total number of cryptocurrency holders are going to decrease. Most people are in this for the long term so they really can care less about where bitcoin is headed in the short run even though it does matter too.

The markets overreacted to the news tbh. The central bank of China was already extremely anti-crypto and this wasn't necessarily a surprise. Altcoins such as ETH should have been worse hit and bitcoin probably less affected. This is the main reason why i think the recovery is currently taking place.

How much it can recover is up for debate. Personally i don't think that wewill make a full recovery as in continue the bullish trend that we saw that nearly pushed btc over $5000, but we'll definitely stabilize at around $4300 at least.

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September 05, 2017, 11:57:05 AM
 #9

It will take a week or so, to reach the "normal" 4700-4800 range.

well that price was not exactly normal so that we go back to it now!
a price around $4400-$4500 would be more normal for now and price is currently recovering from the bottom back to $4300 which is a good sign for holders and bad sign for all those who fell for the FUD and waited for a bigger drop down to ridiculous numbers!

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September 05, 2017, 12:24:48 PM
 #10

in 2 or 3 days from now the price will be back to normal because ,in my opinion a lot of peoples are scared  not to lose everything . But it is not a good thing altogether because it will decrease the number of cryptocurrency holders by 5% -15% maybe more ...  tell me your opinion about this . Smiley

This current scenario will be just the same to the old days of dump and regain back, and those people who buy now will be the one who will get more profits since by this time it is the great time to buy some stocks. And last time I saw as of today the price goes down to 4000$ and now the current one is 4,235$ so profits are been gotten for this early times.

I don't think that the prices will be back to where we were a week ago, but I think they will be stable at a level we have at the moment.
People don't see that big red minus anymore on the price tables. This decreases their panic and their urge to sell.
Everybody who has not sold yet will now think that it will be better not to rush thing and sit this one out.

 Why ? No one can predict the future in exact but if that so it is still good to invest in bitcoin. The price of it is still higher than we expected but we never know, lets just see what will happen after the dump.
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September 05, 2017, 01:03:22 PM
 #11

in 2 or 3 days from now the price will be back to normal because ,in my opinion a lot of peoples are scared  not to lose everything . But it is not a good thing altogether because it will decrease the number of cryptocurrency holders by 5% -15% maybe more ...  tell me your opinion about this . Smiley

This current scenario will be just the same to the old days of dump and regain back, and those people who buy now will be the one who will get more profits since by this time it is the great time to buy some stocks. And last time I saw as of today the price goes down to 4000$ and now the current one is 4,235$ so profits are been gotten for this early times.

I don't think that the prices will be back to where we were a week ago, but I think they will be stable at a level we have at the moment.
People don't see that big red minus anymore on the price tables. This decreases their panic and their urge to sell.
Everybody who has not sold yet will now think that it will be better not to rush thing and sit this one out.

 Why ? No one can predict the future in exact but if that so it is still good to invest in bitcoin. The price of it is still higher than we expected but we never know, lets just see what will happen after the dump.

OP asked for a personal prediction for the next few days based on logic. Not prediction for a longer future.
My logic is psychology.
I think that the dump is still in the head of the people. Of course they are happy not to see the minus anymore.
But will they immediatelly reenter the market after the shock? I don't think so.
I suppose they will not sell either, because it's not going down any further.
So my expectations for the next few days would be that many people won't make any move until they have that panic feeling out of their systems.
We stay at the level we have at the moment.

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September 05, 2017, 04:05:01 PM
 #12

Why ? No one can predict the future in exact but if that so it is still good to invest in bitcoin. The price of it is still higher than we expected but we never know, lets just see what will happen after the dump.

nobody is "predicting" the future here either.
this is the speculation board, it sometimes seems like "prediction" and it may very well be similar to it too, but it is never prediction.

we never know but we try to find patterns and do some analysis on them to try and guess the closes possible scenario that can come to pass.

p.s. looking at your comment's timestamp and your last statement you are too late to see that we are already "after" the dump Wink

There is a FOMO brewing...
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September 05, 2017, 04:42:17 PM
 #13

in 2 or 3 days from now the price will be back to normal because ,in my opinion a lot of peoples are scared  not to lose everything . But it is not a good thing altogether because it will decrease the number of cryptocurrency holders by 5% -15% maybe more ...  tell me your opinion about this . Smiley
What does that mean? If people were scared not to lose everything they'd sell as fast as possible to avoid further losses. Your explanation is naive and not based on any actual market theory or logic. How long did it take you to come up with that "prediction"? I'm not saying it's not going to go back to $5000 soon, because it will, but your theory makes no sense.

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September 06, 2017, 03:58:57 AM
 #14

There's nothing logical about the crypto markets. All driven by greedy people who act out of their fearful desperation. You will all lose everything, including the shirts on your back.

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September 06, 2017, 09:21:41 AM
 #15

in 2 or 3 days from now the price will be back to normal because ,in my opinion a lot of peoples are scared  not to lose everything . But it is not a good thing altogether because it will decrease the number of cryptocurrency holders by 5% -15% maybe more ...  tell me your opinion about this . Smiley

This prediction seems to be pretty accurate so far.

I'm interested to see whether bitcoin can hit near $5000 again, which i would consider as a "full recovery". Currently, we are just above $4500 and seems like we are still going up in a nice bull trend right now. my bet would be that we top out at around $5300 per coin.

I don't think that the number of crypto holders decreased as a result of China banning ICOs. Chinese investors are going to find a workaround sooner or later if they want to invest in ICOs and there is nothing to stop them from doing that.
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September 06, 2017, 09:58:34 AM
 #16

The price drop in the previous days was only temporary and i'm sure bitcoin prices will certainly leads to a higher direction for the next and woudn't continues to decline. Evident now price movement has leads to high again, and especially later after segwit happening.. most likely bitcoin prices will rising even more higher i guess.

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September 06, 2017, 10:27:41 AM
 #17

in 2 or 3 days from now the price will be back to normal because ,in my opinion a lot of peoples are scared  not to lose everything . But it is not a good thing altogether because it will decrease the number of cryptocurrency holders by 5% -15% maybe more ...  tell me your opinion about this . Smiley

This prediction seems to be pretty accurate so far.

I'm interested to see whether bitcoin can hit near $5000 again, which i would consider as a "full recovery". Currently, we are just above $4500 and seems like we are still going up in a nice bull trend right now. my bet would be that we top out at around $5300 per coin.

I don't think that the number of crypto holders decreased as a result of China banning ICOs. Chinese investors are going to find a workaround sooner or later if they want to invest in ICOs and there is nothing to stop them from doing that.
China's ban will not have any significant impact into crypto world as bitcoin is omnipresent every part of this globe but unfortunately the recent down fall was triggered by the panic induced by China's stand on ICOs. The recovery of bitcoin will happen as early as possible as everyone will be eyeing cheaper prices to get into bitcoins regardless of what country will have what stand on ICO or anything else.

I mean to say China's stand will not be a influencing factor for anything into crypto world any more as crypto users are from around the world and not bothering about what one country's policy on cryptos.
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September 06, 2017, 10:42:08 AM
 #18

in 2 or 3 days from now the price will be back to normal because ,in my opinion a lot of peoples are scared  not to lose everything . But it is not a good thing altogether because it will decrease the number of cryptocurrency holders by 5% -15% maybe more ...  tell me your opinion about this . Smiley

Well it's a couple of days since OP made their prediction and the price is at $4535. Not quite at the highs of $4900, but not at the lows of $4100 we saw either. So not a bad prediction!

 
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iamTom123
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September 06, 2017, 10:59:45 AM
 #19

in 2 or 3 days from now the price will be back to normal because ,in my opinion a lot of peoples are scared  not to lose everything . But it is not a good thing altogether because it will decrease the number of cryptocurrency holders by 5% -15% maybe more ...  tell me your opinion about this . Smiley

This current scenario will be just the same to the old days of dump and regain back, and those people who buy now will be the one who will get more profits since by this time it is the great time to buy some stocks. And last time I saw as of today the price goes down to 4000$ and now the current one is 4,235$ so profits are been gotten for this early times.

This same scenario had happened before for so many times and if we study the history of Bitcoin there is nothing to get shocked of. Only those who are really new with Bitcoin can experience some panic and induced with increasing FUD whenever there can be some downturn may give up their Bitcoin in exchange for cash. To people who knows Bitcoin they are just relaxing, sipping some hot coffee and maybe smiling deep inside because they are certain that anytime of the day Bitcoin can rise again...like the legendary phoenix.
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September 06, 2017, 11:42:46 AM
 #20

in 2 or 3 days from now the price will be back to normal because ,in my opinion a lot of peoples are scared  not to lose everything . But it is not a good thing altogether because it will decrease the number of cryptocurrency holders by 5% -15% maybe more ...  tell me your opinion about this . Smiley

This current scenario will be just the same to the old days of dump and regain back, and those people who buy now will be the one who will get more profits since by this time it is the great time to buy some stocks. And last time I saw as of today the price goes down to 4000$ and now the current one is 4,235$ so profits are been gotten for this early times.

I don't think that the prices will be back to where we were a week ago, but I think they will be stable at a level we have at the moment.
People don't see that big red minus anymore on the price tables. This decreases their panic and their urge to sell.
Everybody who has not sold yet will now think that it will be better not to rush thing and sit this one out.

 Why ? No one can predict the future in exact but if that so it is still good to invest in bitcoin. The price of it is still higher than we expected but we never know, lets just see what will happen after the dump.

OP asked for a personal prediction for the next few days based on logic. Not prediction for a longer future.
My logic is psychology.
I think that the dump is still in the head of the people. Of course they are happy not to see the minus anymore.
But will they immediatelly reenter the market after the shock? I don't think so.
I suppose they will not sell either, because it's not going down any further.
So my expectations for the next few days would be that many people won't make any move until they have that panic feeling out of their systems.
We stay at the level we have at the moment.

Yeah, they would really love to see it, knowing that there are no dump anymore and they already seen a possitive green sign. For many of them, I think they will enter again to the market but not immediately but slowly just for them to watch out what will be their next move.
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