istake (OP)
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September 13, 2017, 06:22:35 PM |
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As an avid bitcoin follower that has been following bitcoin prices for years I have witnessed the ups and downs my experience places bitcoins current price at $2700 - $2900, my actual price always differs from the market price as I realise the market tends to over state highs and lows there is usually a safe median. However, with all the doom and gloom there has been way too much good confidence in current events before the negative news that has a community of cryptos that will lift prices beyond their recent highs. I predict the current news will only temporarily dent prices. Once china regulates, the adoption will enter much wider domains and $5000 will look like a bargain. Now is the time to buy, every price now is a bargain as long as you go long. BB
This is not financial advise, please do your own research and seek professional advise. These are just personal opinions.
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Mike Mayor
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September 13, 2017, 07:01:30 PM |
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True. It is a good time to take advantage of Bitcoins low price. It might not ever get this low again. I think those who really believe will buy now in the masses. I doubt the price will drop too much. I had a good feeling things just getting ready to heat up and become very serious. It is annoying that the price went down but let us make the best of a bad situation.
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Bacchu
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September 13, 2017, 07:13:23 PM |
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True. It is a good time to take advantage of Bitcoins low price. It might not ever get this low again. I think those who really believe will buy now in the masses. I doubt the price will drop too much. I had a good feeling things just getting ready to heat up and become very serious. It is annoying that the price went down but let us make the best of a bad situation.
I am fully agreed with you.Its best time to take advantage buy of bitcoin.no doubt its the best time to buy bitcoin.I think never bitcoin will dump like that.so who are clever, they must buy bitcoin now.But i have some bitcoin so why i am sad also for the decreasing of price.
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Jating
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September 13, 2017, 07:14:52 PM |
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True. It is a good time to take advantage of Bitcoins low price. It might not ever get this low again. I think those who really believe will buy now in the masses. I doubt the price will drop too much. I had a good feeling things just getting ready to heat up and become very serious. It is annoying that the price went down but let us make the best of a bad situation.
Agree. We should look at the other side of the spectrum instead of moaning and complaining about the current price. Its still going red so its really good time to buy today because its cheap. The price is holding around $3800-$3900 and I think this will be the based price consolidating before we may see another bull run that will put the price to $5000 once again. I already done my share by buying today.
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electronicash
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September 13, 2017, 07:22:36 PM |
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price always goes up and it only dip for awhile. after this china regulation, it will soon be going straight up. i was very happen when the price went back up to $1200 and now its more than 3k. there are speculations bitcoin being more than $10K in time, if you hold however much you got, it will be worth much still than today.
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darkangel11
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September 13, 2017, 07:26:01 PM |
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I agree with you OP about the small dip and prices going back to normal soon, but the actual price is the actual price. This means that there's no real or unreal one, there's no low or pumped one, it's all in the eye of the beholder. In reality the actual price is the one you're able to sell/buy within a reasonable period of time. Let's say we're at $4000 and you think it's low, if you wait a week or 2 and within that time the price reaches your desired one (be it $4200) you can say you've managed to trade your coins for the actual price.
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BitDane
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September 13, 2017, 07:29:56 PM |
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As an avid bitcoin follower that has been following bitcoin prices for years I have witnessed the ups and downs my experience places bitcoins current price at $2700 - $2900, my actual price always differs from the market price as I realise the market tends to over state highs and lows there is usually a safe median. However, with all the doom and gloom there has been way too much good confidence in current events before the negative news that has a community of cryptos that will lift prices beyond their recent highs. I predict the current news will only temporarily dent prices. Once china regulates, the adoption will enter much wider domains and $5000 will look like a bargain. Now is the time to buy, every price now is a bargain as long as you go long. BB
This is not financial advise, please do your own research and seek professional advise. These are just personal opinions.
Price depends on how people value it so basically I guess it depends on personal perception. I can agree with 1,000 USD or even 500 USD if a person felt that Bitcoin is worth that much in his own perception or valuation. Anyway if we do take the average price from the beginning of the year until now, I can say it can fairly fall under that category. But as I stated it is still in personal perception since Bitcoin price rely on the speculative value of each individual. There is nothing I can see to be the base reference for pricing of bitcoin.
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RodeoX
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The revolution will be monetized!
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September 13, 2017, 07:32:47 PM |
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Ok, I'll buy one from you.
We can settle on an escrow.
So here are your terms. I pay $2700 USD and receive 1BTC. I will even cover the transaction fee. Ok?
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shield132
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September 13, 2017, 07:36:51 PM |
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True. It is a good time to take advantage of Bitcoins low price. It might not ever get this low again. I think those who really believe will buy now in the masses. I doubt the price will drop too much. I had a good feeling things just getting ready to heat up and become very serious. It is annoying that the price went down but let us make the best of a bad situation.
I think there is a mass panic in people and everyone tries to sell it until it will be late. Still this loss don't means any big thing because there was similar situations and price was high again very quickly. I'll look situation still some days and will think what to do.. But situation goes like price will fall and if this will happen, I think fall will be like OP mentioned between 2500-3000 (not actually 2700 to my mind).
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sherlock_h
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September 13, 2017, 07:41:55 PM |
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I speculate that demand is more than enough to prevent Bitcoin from going below $ 3000.
Also, keep in mind that people are still to realize how segwit can make the ecosystem much better. If you sell before we have things like LN and MimbleWimble, you will be at a high risk of losing the boat. Some would say it's an opportunity that occurs once in a lifetime.
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ItalianBitcoin3r
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September 13, 2017, 07:44:13 PM |
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As an avid bitcoin follower that has been following bitcoin prices for years I have witnessed the ups and downs my experience places bitcoins current price at $2700 - $2900, my actual price always differs from the market price as I realise the market tends to over state highs and lows there is usually a safe median. However, with all the doom and gloom there has been way too much good confidence in current events before the negative news that has a community of cryptos that will lift prices beyond their recent highs. I predict the current news will only temporarily dent prices. Once china regulates, the adoption will enter much wider domains and $5000 will look like a bargain. Now is the time to buy, every price now is a bargain as long as you go long. BB
This is not financial advise, please do your own research and seek professional advise. These are just personal opinions.
can you tell me how do have you forecast this bitcoin price?? Tech analysis??? or what else?
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w0lf0.
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September 13, 2017, 07:51:26 PM |
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Nice time to invest and buy bitcoins if you have.. money China banned bitcoin then?
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Sami bedoui alonso
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September 13, 2017, 07:53:48 PM |
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It is a good time to take advantage of Bitcoins low price. It might not ever get this low again. I think those who really believe will buy now in the masses. I doubt the price will drop too much. I had a good feeling things just getting ready to heat up and become very serious. It is annoying that the price went down but let us make the best of a bad situation.
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RodeoX
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The revolution will be monetized!
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September 13, 2017, 07:54:46 PM |
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I see no one has taken up my offer to buy their $2700 bitcoins. And that is the thing. The real price of bitcoin is the market price. You may think that is to high but since nobody is going to sell you a coin for $2700 I see no defense of that valuation. The "real" price of a bitcoin is what you can buy it for.
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surix
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September 13, 2017, 07:57:13 PM |
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This adjustment is more like traders want to secure part of their benefit in pocket, not panic selling.
To be honest none of these negative news can damage the fundamental of BTC.
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vegito
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September 13, 2017, 07:58:20 PM |
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Nice time to invest and buy bitcoins if you have.. money China banned bitcoin then? Does anyone have reliable sources about this? Or I would have to assume it is BS.
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Slow death
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September 13, 2017, 08:06:12 PM |
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[...]
humm, 1 btc = $3800 or more, so do not expect that you will see 1 btc = $2700 Dude, you traveled a lot at this price of 2700. Nice time to invest and buy bitcoins if you have.. money
who has money always has a chance to increase their money and of course who will buy now will have a good profit in the future
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BenOnceAgain
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September 13, 2017, 08:08:22 PM |
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This adjustment is more like traders want to secure part of their benefit in pocket, not panic selling.
To be honest none of these negative news can damage the fundamental of BTC.
Interest in 'bitcoin' as a search topic on Google is at/near an all-time high: https://trends.google.com/trends/explore?date=today%205-y&q=bitcoinI'm sure traffic on Bitcoin-related sites, including here, reflects this. The current volatility is not for everyone, that's for sure. But those that know how to trade the volatility can make a killing. But I really think everyone should just hang on. The bottom will be put in and then its another leg up. The real value in Bitcoin over time is more than just the unit price.
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BenOnceAgain
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September 13, 2017, 08:11:50 PM |
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Nice time to invest and buy bitcoins if you have.. money China banned bitcoin then? Does anyone have reliable sources about this? Or I would have to assume it is BS. I don't read this as China banning BTC, but some people are interpreting this notice from China's central bank more broadly than the ICO "ban". http://www.pbc.gov.cn/english/130721/3377816/index.html
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Eric Cartman
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September 13, 2017, 08:13:02 PM |
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Then place a buy order for $2700 and see if it will be filled.
The only actual price is the market price
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