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Author Topic: Why bitcoin can never go past $7000  (Read 3845 times)
Doell
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October 28, 2017, 09:24:37 PM
 #61

Bitcoin's volatility has been steadily decreasing over time, which means huge price movements upwards are less likely than ever. Sorry it's not going to happen. I think 5000-6000 range is the correct or fair price, so selling at the higher end of this range would bring profit at least and then I think alt coins start making more sense at that point
not never past the $7000 but never before, you need to know bitcoin prices continue to jump the possibility of the price can pass $7000 in the next month my feelings say this and you can save continue to sell next month ,altcoin is now beginning to move because the whales have moved to prey on small fish

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October 28, 2017, 09:36:13 PM
 #62

Bitcoin's volatility has been steadily decreasing over time, which means huge price movements upwards are less likely than ever. Sorry it's not going to happen. I think 5000-6000 range is the correct or fair price, so selling at the higher end of this range would bring profit at least and then I think alt coins start making more sense at that point

Well, what's your source? If you study the BTC price trend carefully, you'll discover that the 'steadily decreasing' phenomenon is only temporary. as to whether BTC can break it's current all time high of 6,000... isn't a gamble you should wager.

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October 28, 2017, 09:45:10 PM
 #63

Bitcoin's volatility has been steadily decreasing over time, which means huge price movements upwards are less likely than ever. Sorry it's not going to happen. I think 5000-6000 range is the correct or fair price, so selling at the higher end of this range would bring profit at least and then I think alt coins start making more sense at that point

If you think that 5000-6000 is going to sustain why don't you think that bitcoin can get over the $7000 mark hurdle? It's just like getting from $2000 to $3000, actually even less as a percentage. It's pretty easy in the right market conditions.

You may be right and this time round or this year, we won't hit $7000.

However eventually, we will. Fiat depreciation coupled with bitcoin adoption means massive bitcoin increases.

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October 28, 2017, 10:14:26 PM
 #64

Well i think that bitcoin will be stable for the next months (before 2018 starts) probably it will go up by a little during november, because a hard fork is coming in just a few days.
But it can not be bullish forever, it needs to drop a little, otherwise it will colapse because everybody will acostumbrate theirselves to see bitcoin always bullish, and they will sell if they see a dump on the market.
Anyway, of course that it is possible to reach $7000, but not on this year.

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October 28, 2017, 11:38:07 PM
 #65

Bitcoin's volatility has been steadily decreasing over time, which means huge price movements upwards are less likely than ever. Sorry it's not going to happen. I think 5000-6000 range is the correct or fair price, so selling at the higher end of this range would bring profit at least and then I think alt coins start making more sense at that point
not never past the $7000 but never before, you need to know bitcoin prices continue to jump the possibility of the price can pass $7000 in the next month my feelings say this and you can save continue to sell next month ,altcoin is now beginning to move because the whales have moved to prey on small fish
Maybe bitcoin value now was not pass to $7000 for now but on the following days and month bitcoin can reach and past the $7000. Because if you see bitcoin value in the market it was rapidly increase so no need to worries if you if you invest now. Moreover the reasons why bitcoin can't increase now was due to hard fork.



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Ultegra134
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October 28, 2017, 11:51:08 PM
 #66

Bitcoin's volatility has been steadily decreasing over time, which means huge price movements upwards are less likely than ever. Sorry it's not going to happen. I think 5000-6000 range is the correct or fair price, so selling at the higher end of this range would bring profit at least and then I think alt coins start making more sense at that point
not never past the $7000 but never before, you need to know bitcoin prices continue to jump the possibility of the price can pass $7000 in the next month my feelings say this and you can save continue to sell next month ,altcoin is now beginning to move because the whales have moved to prey on small fish
Maybe bitcoin value now was not pass to $7000 for now but on the following days and month bitcoin can reach and past the $7000. Because if you see bitcoin value in the market it was rapidly increase so no need to worries if you if you invest now. Moreover the reasons why bitcoin can't increase now was due to hard fork.
I don't think the $7000 mark is going to be broken this year, seems highly unlikely, too much have happened within this year already.

Back to OP now, implying that Bitcoin will never surpass $7000 is way too harsh and unreal, people have been saying the same thing since its creation, therefore, it's always possible. It was also commonly said that Bitcoin would stabilize at $4000-$4500, but it didn't take long before it surpassed $5000.






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October 29, 2017, 12:22:16 AM
 #67

Bitcoin's volatility has been steadily decreasing over time, which means huge price movements upwards are less likely than ever. Sorry it's not going to happen. I think 5000-6000 range is the correct or fair price, so selling at the higher end of this range would bring profit at least and then I think alt coins start making more sense at that point

at present few people buy bitcoin, few countries have adopted bitcoin, a case to set an example is my country, in my country not even 2% of people know about bitcoin and even in countries like China, USA or Russia or India, I I doubt that +70% of people in these countries know about bitcoin, there are many bankers, many billionaires who still do not invest in bitcoin. bitcoin has potential to be worth much more than $15000 and you are limiting itself to $7000

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October 29, 2017, 12:29:17 AM
 #68

Bitcoin's volatility has been steadily decreasing over time, which means huge price movements upwards are less likely than ever. Sorry it's not going to happen. I think 5000-6000 range is the correct or fair price, so selling at the higher end of this range would bring profit at least and then I think alt coins start making more sense at that point


.....WTF??!!?

Strangest prediction ever. This guy is gonna be real confused when we pass $7000 by the end of the year, and even more confused when it hits $10k, $20k, $50k, $100k, and so on.
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October 29, 2017, 02:04:41 AM
 #69

Bitcoin's volatility has been steadily decreasing over time, which means huge price movements upwards are less likely than ever. Sorry it's not going to happen. I think 5000-6000 range is the correct or fair price, so selling at the higher end of this range would bring profit at least and then I think alt coins start making more sense at that point


.....WTF??!!?

Strangest prediction ever. This guy is gonna be real confused when we pass $7000 by the end of the year, and even more confused when it hits $10k, $20k, $50k, $100k, and so on.

lol, maybe this is just another drama tactics about discrediting bitcoin so that newbies and some bitcoin enthusiast will start panicking and will result to selling their hard earned bitcoins and then it greatly will affect the bitcoins markets  therefore its should decrease and these people can now take advantage to it and  they can now buy bitcoins in a cheap price.

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October 29, 2017, 02:54:31 AM
 #70

Bitcoin's volatility has been steadily decreasing over time, which means huge price movements upwards are less likely than ever. Sorry it's not going to happen. I think 5000-6000 range is the correct or fair price, so selling at the higher end of this range would bring profit at least and then I think alt coins start making more sense at that point
not never past the $7000 but never before, you need to know bitcoin prices continue to jump the possibility of the price can pass $7000 in the next month my feelings say this and you can save continue to sell next month ,altcoin is now beginning to move because the whales have moved to prey on small fish
Maybe bitcoin value now was not pass to $7000 for now but on the following days and month bitcoin can reach and past the $7000. Because if you see bitcoin value in the market it was rapidly increase so no need to worries if you if you invest now. Moreover the reasons why bitcoin can't increase now was due to hard fork.
well, this is the same when we expect bitcoin to rise to $ 5000 when the price is still $ 2000. it looks impossible. but, it really happened. well, I guess it's the same as the current situation. bitcoin has never reached the price of $ 7000, but it will soon rise beyond that, and I'm sure.


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October 29, 2017, 04:13:46 AM
 #71

Bitcoin's volatility has been steadily decreasing over time, which means huge price movements upwards are less likely than ever. Sorry it's not going to happen. I think 5000-6000 range is the correct or fair price, so selling at the higher end of this range would bring profit at least and then I think alt coins start making more sense at that point
not never past the $7000 but never before, you need to know bitcoin prices continue to jump the possibility of the price can pass $7000 in the next month my feelings say this and you can save continue to sell next month ,altcoin is now beginning to move because the whales have moved to prey on small fish
Maybe bitcoin value now was not pass to $7000 for now but on the following days and month bitcoin can reach and past the $7000. Because if you see bitcoin value in the market it was rapidly increase so no need to worries if you if you invest now. Moreover the reasons why bitcoin can't increase now was due to hard fork.
well, this is the same when we expect bitcoin to rise to $ 5000 when the price is still $ 2000. it looks impossible. but, it really happened. well, I guess it's the same as the current situation. bitcoin has never reached the price of $ 7000, but it will soon rise beyond that, and I'm sure.

we only need to waiting for a while, i am sure that we can reach $7000 in the end and even i am sure that we can reach more. i think its been interesting to waiting the price is increase by following every exchanges price and we can watching the price is up and down. every time the price is increase, there will be a correction price for a while and then the price will increase again and this time after the fork in november, i think the price will be increase more.

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October 29, 2017, 05:47:24 AM
 #72

Bitcoin's volatility has been steadily decreasing over time, which means huge price movements upwards are less likely than ever. Sorry it's not going to happen. I think 5000-6000 range is the correct or fair price, so selling at the higher end of this range would bring profit at least and then I think alt coins start making more sense at that point
Well I think you're right, it seems so. Bitcoin price in my opinion also.. seem will be last long in the between $5000 - $6000 I guess, price movements hasn't been seen not at all to show a rising moving towards $7000 again. Previously it was seen, but it's true it was canceled goes to price of $7000 and I think for the next will be difficult to reach $7000, from now it still takes a long time to reach it I guess.

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October 29, 2017, 05:51:38 AM
 #73

Bitcoin's volatility has been steadily decreasing over time, which means huge price movements upwards are less likely than ever. Sorry it's not going to happen. I think 5000-6000 range is the correct or fair price, so selling at the higher end of this range would bring profit at least and then I think alt coins start making more sense at that point


.....WTF??!!?

Strangest prediction ever. This guy is gonna be real confused when we pass $7000 by the end of the year, and even more confused when it hits $10k, $20k, $50k, $100k, and so on.

Lets us wait and see first to cross 6k and 7k and then so on. I do not think 50, 100k possible in a realistic world but yes everyone would love if it reaches as high as possible. What could bring the price down is the country if stop supporting btc as major developing countries still not yet legalized the btc as as a payment mode.

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October 29, 2017, 06:08:14 AM
 #74

I'm sure BTC will break 7000 but I'm not sure it will happen right now. The market-mover is not interested in price growing with many "unwanted" passangers onboard. I consider the price will go down greatly(up to 30% as it was before) before next great movement. Wink

That was my yesterday's post. There is one thing I see now and I think BTC can go further without great dump. But the dump will definitely occur some time.
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October 29, 2017, 06:18:59 AM
 #75

bitcoin price is explicitly when pigs fly to go $7000 this week, but also when pigs fly that bitcoin price is never going above $7000. since the bitcoin is kinda volatile within $5400~$5900, theoretically the price of bitcoin is going with 'opposite bouncer'[/sup]1[/sup].

1 opposite bouncer: in normal bouncer, its reflection goes eventually lower due to gravity or friction, in opposite bouncer means the reflection will be higher between the last bounce. (idk if that means correctly Huh)

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October 29, 2017, 06:22:16 AM
 #76

seven thousand dollar bitcoin is just by the corner. anybody saying that the price is right or that it is highly priced should go back to school and oread up on demand and supply.
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October 29, 2017, 07:42:29 AM
 #77

You will see as soon as mass adoption will happen.
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October 29, 2017, 08:00:41 AM
 #78

Mabe this year it can't pass the $7000 mark but by next year it possibly can. The market has been steadily increasing in terms of monthly users and it is making the demand greater than the supply. Ultimately , the pricing can really be over $7000 let's just wait and hodl.

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October 29, 2017, 10:26:12 AM
 #79

Bitcoin's volatility has been steadily decreasing over time, which means huge price movements upwards are less likely than ever. Sorry it's not going to happen. I think 5000-6000 range is the correct or fair price, so selling at the higher end of this range would bring profit at least and then I think alt coins start making more sense at that point

This was the argument when it touched $200, $1k, $1.2k, $3k, $4k, $5k. Clearly the market does not think so, it will continue to appreciate depending on the sentiment. Theres no upper or lower limit.

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October 29, 2017, 11:17:22 AM
 #80

Bitcoin's volatility has been steadily decreasing over time, which means huge price movements upwards are less likely than ever. Sorry it's not going to happen. I think 5000-6000 range is the correct or fair price, so selling at the higher end of this range would bring profit at least and then I think alt coins start making more sense at that point

This was the argument when it touched $200, $1k, $1.2k, $3k, $4k, $5k. Clearly the market does not think so, it will continue to appreciate depending on the sentiment. Theres no upper or lower limit.
I don't think so. The upper limit is. It is limited by the popularity of bitcoin and paying people. Whales in the market can manipulate the number of offers and lower prices but to raise prices, they can not. It depends only on buyers. Many users get coins without investment and therefore do not understand how prices are formed in the market.

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