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Question: Highest price before a 50%+ drop
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Joe200
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October 20, 2017, 07:31:29 PM
 #1

Explain your answer.
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October 20, 2017, 07:42:30 PM
 #2

Like ever or this bubble?
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October 20, 2017, 07:49:00 PM
 #3

10K Because CNBC say that
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October 20, 2017, 07:52:29 PM
 #4

Explain your answer.
First ask the question, top is not a question.
Like ever or this bubble?
Bubble is for Bitcoin gold. if Bitcoin goes down after the fork, people will sell their Bitcoin gold, they are not really getting any free money.
Alice buys 1BTC for $5900
Alice will have 1BTC+1BTG
Bitcoin price will dump to $5400
BTG price is $500
Alice will sell 1BTC+1BTG for $5900


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October 20, 2017, 07:58:25 PM
 #5

you should raise specific questions in your topic. Top of the month? in Week? in year?
with growth rates as fast as now, I think prices will reach $ 7,500 by year-end
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October 20, 2017, 07:58:52 PM
 #6

Like ever or this bubble?

Reworded. Highest price before a 50%+ drop .
Joe200
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October 20, 2017, 07:59:28 PM
 #7

you should raise specific questions in your topic. Top of the month? in Week? in year?
with growth rates as fast as now, I think prices will reach $ 7,500 by year-end

Highest price before a 50%+ drop.
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October 20, 2017, 08:00:39 PM
 #8

10K Because CNBC say that

You get a gold star.  Grin
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October 20, 2017, 08:17:56 PM
 #9

Predicting when the next 50% drop will be is a really difficult task, if we could do that then we would certainly be rich! I guess it will happen somewhere around 10-15k but really it's just a guess.

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October 20, 2017, 08:20:23 PM
 #10

$15,000 because lucif said so.
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October 20, 2017, 08:21:59 PM
 #11

$15,000 because lucif said so.

Link?
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October 20, 2017, 08:36:40 PM
 #12

All those numbers will come true one day one by one. That's the fact. The interest to bitcoin is growing together with it's price and it's just genius idea to make the number of coins so short, 21 mln. For now it is mined 15+ mln, but the number of people who know and use bitcoin stays little. So I think when the percent of people get double the price will become more than 30-40 000$ at the moment.
If the thread's question is the price by the fork I think it is going to be like 6000+$, but not upper than 7000$.

   
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October 20, 2017, 08:42:31 PM
 #13

26K, because Trace Meyer and BETI both said/indicated so, or close enough.
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October 20, 2017, 08:47:06 PM
 #14

Wow this thread is full of dumb people, they are just repeating everything that the TV says, or what the "financial gurús" are saying like "bitcoin bubble will explode on $10k, $26k" and whatever they say..
There is no fixed rate for making it happen, it can go down anytime, bitcoin price depends on people and how do they manage their emotions about their sells and buys, there is nothing more than can control the price expect the emotions of people.
Stop paying attention to those stupid people who are "speculating"

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AtheistAKASaneBrain
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October 20, 2017, 11:02:11 PM
 #15

Like ever or this bubble?

Reworded. Highest price before a 50%+ drop .

I don't see anything triggering a 50% drop unless we see something similar to a big government ban, that could get us to a bear market. The possibility of segwit2x turning out a real disaster and causing major damage due the confusion derived from the two tokens could also bring a bear market, but I think we will get past it better than most expect and S2X will be just another shitcoin.

Just keep holding through the drama, and you will be victorious in the long term.
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October 20, 2017, 11:47:42 PM
 #16

Explain your answer.

I have to think $10,000 is a psychological barrier. Then again, we probably assumed that $1,000 was a similar barrier, yet we didn't top until we nearly reached $1200. Markets being what they are, I think we would either overshoot or undershoot the target. So I'll say somewhere between $9,000-12,000.

It's been a while since I checked up on Masterluc's analysis, but I recall that he also had a mid term target in the $9,000 area... not sure if that's changed or not. But that general range seems like a good profit-taking point for a lot of early adopters.



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Joe200
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October 22, 2017, 02:05:10 PM
 #17

Like ever or this bubble?

Reworded. Highest price before a 50%+ drop .

I don't see anything triggering a 50% drop unless we see something similar to a big government ban, that could get us to a bear market. The possibility of segwit2x turning out a real disaster and causing major damage due the confusion derived from the two tokens could also bring a bear market, but I think we will get past it better than most expect and S2X will be just another shitcoin.

Just keep holding through the drama, and you will be victorious in the long term.

At some point, there will be a drop. It's happened before, it will happen again.
Joe200
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October 22, 2017, 02:07:29 PM
 #18

Explain your answer.

I have to think $10,000 is a psychological barrier. Then again, we probably assumed that $1,000 was a similar barrier, yet we didn't top until we nearly reached $1200. Markets being what they are, I think we would either overshoot or undershoot the target. So I'll say somewhere between $9,000-12,000.

It's been a while since I checked up on Masterluc's analysis, but I recall that he also had a mid term target in the $9,000 area... not sure if that's changed or not. But that general range seems like a good profit-taking point for a lot of early adopters.

$10k is my initial thought too. It has to overshoot because it's such a big move. No way it undershoots. Everyone wants it.

How far does it "overshoot". Just by a little to something like $12k? Depends on how you look at the chart, an "overshoot" can be a lot higher.

I have to check out Masterluc.
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October 22, 2017, 02:10:34 PM
 #19

$8k and a retrace to $4k after that. We seem to be following a push-consolidate-push strategy. $6k is high but I think we still have some distance to go before the trend reverses. $10k might be too high before the next reversal. WE will get to $10k eventually, but not immediately.

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October 22, 2017, 02:50:48 PM
 #20

Explain your answer.
I didn't voted any option because i don't think bitcoin will go so high for 50% drop afterwords.I think the trend that is happening right now will continue in future too i.e we hit ATH and break it and then we have small correction and price stabilize at that level for few days then some good news come and we see another ATH and this process repeats.With current bitcoin adoption,i don't expect a 50% drop in short time  Tongue

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