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Author Topic: Why you should buy Bitcoin now.  (Read 6098 times)
Idrisu (OP)
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November 04, 2017, 03:13:47 PM
 #1

I have been following bitcoin price's actions since August last year and one thing that is common is that price pattern do repeat itself. Event that happens in July to August this year is about to repeat itself again. I have been going through a lot of speculations threads and many of them are saying that bitcoin is going to clash after splitting but I disagree with that and for your information another pump is about to happen and this is going to push bitcoin price above  $8,000. I have also see that this may happen before end of this year.
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November 04, 2017, 05:08:03 PM
 #2

I have been following bitcoin price's actions since August last year and one thing that is common is that price pattern do repeat itself. Event that happens in July to August this year is about to repeat itself again. I have been going through a lot of speculations threads and many of them are saying that bitcoin is going to clash after splitting but I disagree with that and for your information another pump is about to happen and this is going to push bitcoin price above  $8,000. I have also see that this may happen before end of this year.
Oviously bitcoin will go to 8000 $ in the lasy of this year or first of 2018.So i think i should buying bitcoin becasue its only the coin that is very potential and stable of it position.I also see the price of btc from last of 2016 and i am seeing the price has been increasing simultaniously.for this reason i want to buy bitcoin.

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November 04, 2017, 05:23:34 PM
 #3

I think there will be a price growth further as well. But from my limited chart reading abilities i don´t see many support on the rise form 4K. So don´t you see a correction coming? before the year ends? I think people say after the fork because there is usually some kind of trigger, even a stupid one like the china exchange ban news...

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November 04, 2017, 06:10:29 PM
 #4

As per current reports. Bitcoin value is increasing very fast. So i just want to buy bitcoins from all my money and then save it gor future and then sell it when I'll get s good amount.

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November 04, 2017, 06:18:00 PM
 #5

I have been following bitcoin price's actions since August last year and one thing that is common is that price pattern do repeat itself. Event that happens in July to August this year is about to repeat itself again. I have been going through a lot of speculations threads and many of them are saying that bitcoin is going to clash after splitting but I disagree with that and for your information another pump is about to happen and this is going to push bitcoin price above  $8,000. I have also see that this may happen before end of this year.

Like any other stocks, bitcoin also has a price trend.  a very close monitoring over a longer period of time can reveal the trend to you. Actually no one is sure about what will happen after the fork. That is why they are called speculators. They can just guess the price movements using their intuition and experience. It may or may not be true always. I too believe that the price is going down a little after the fork because bitcoin will loose some of its market cap. However, if there is a pump scenario happening soon after, that may go up as well. So can't tell anything for sure.

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November 04, 2017, 06:44:04 PM
 #6

I have been following bitcoin price's actions since August last year and one thing that is common is that price pattern do repeat itself. Event that happens in July to August this year is about to repeat itself again. I have been going through a lot of speculations threads and many of them are saying that bitcoin is going to clash after splitting but I disagree with that and for your information another pump is about to happen and this is going to push bitcoin price above  $8,000. I have also see that this may happen before end of this year.

Like any other stocks, bitcoin also has a price trend.  a very close monitoring over a longer period of time can reveal the trend to you. Actually no one is sure about what will happen after the fork. That is why they are called speculators. They can just guess the price movements using their intuition and experience. It may or may not be true always. I too believe that the price is going down a little after the fork because bitcoin will loose some of its market cap. However, if there is a pump scenario happening soon after, that may go up as well. So can't tell anything for sure.

Mate if we believe that the next fork could be the reason for bitcoin to drop or shade some profit off, we might get it wrong because the expectation was that the last fork which saw the emergence of bitcoin gold was to pull bitcoin down when it was $5300 but that didn't happen, rather after that we saw bitcoin gaining more profit to $7300 currently.

Well, I do believe that bitcoin will shade some profit off natural because it is due but not because of the fork.

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November 04, 2017, 06:55:06 PM
 #7

We are in the face were bitcoin will enjoyed all good news from other cryptocurrency. I hope this continues as $8,000 before the end of the year is very in sight. I have been following the current events about the splitting of bitcoin gold that pump bitcoin price above $7,500 yesterday and the little push back we are experiencing since this morning is just a trading activities by traders who wants to take profits from the current push. After this little correction we would expect this correction  to lead another bullish momentum that may push price above $8000.
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November 04, 2017, 06:56:20 PM
 #8

It depends. If you're buying Bitcoins with the aim to hold 'em for years, chances are it'll yield a surprisingly large profit on the long term. Especially if crypto really makes a breakthrough globally. But for the short- to mid-term (up to a year)? You indeed might have to go through a significant correction that just might be around the corner. That aside, $8000 might be a reality within days with the current crazy market.
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November 04, 2017, 07:04:20 PM
 #9

It depends. If you're buying Bitcoins with the aim to hold 'em for years, chances are it'll yield a surprisingly large profit on the long term. Especially if crypto really makes a breakthrough globally. But for the short- to mid-term (up to a year)? You indeed might have to go through a significant correction that just might be around the corner. That aside, $8000 might be a reality within days with the current crazy market.

That being said, it means that at this moment, we can buy bitcoin and sell it when it reaches even the $8k target. That's for short-term scenario, because you already have the profit considering the current price of $7300-7350.

And yes, based from the bitcoin price trend, you can really see that through the years it's really increasing. Though there were some dips but still the trend is going up. So I am more than positive that the bitcoin price will surpass the $8k/btc- mark. Not too late to learn cryptocurrencies. Cheesy
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November 04, 2017, 07:29:47 PM
 #10

I have been following bitcoin price's actions since August last year and one thing that is common is that price pattern do repeat itself. Event that happens in July to August this year is about to repeat itself again. I have been going through a lot of speculations threads and many of them are saying that bitcoin is going to clash after splitting but I disagree with that and for your information another pump is about to happen and this is going to push bitcoin price above  $8,000. I have also see that this may happen before end of this year.
The reason why people should buy Bitcoin now is that Bitcoin value will reach  $10000 before end of December this year base on some speculators which am inclusive. Although it may come to reality and may not come to pass.
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November 04, 2017, 07:37:27 PM
 #11

Bitcoin is now so expensive that it seems very risky to buy now. However, the uptrend remains and bitcoin could be 10K at the end of the year and still rise next year. You never know what might happen in the next 2 years, so it could be profitable to buy bitcoins even with todays price of 7K.

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November 04, 2017, 09:16:25 PM
 #12

I have been following bitcoin price's actions since August last year and one thing that is common is that price pattern do repeat itself. Event that happens in July to August this year is about to repeat itself again. I have been going through a lot of speculations threads and many of them are saying that bitcoin is going to clash after splitting but I disagree with that and for your information another pump is about to happen and this is going to push bitcoin price above  $8,000. I have also see that this may happen before end of this year.
You are correct actually,bitcoin will be very big by the end of this year ,But yes it will crash after 16th of nov so we need to preopaired for that also.
BUt its now or never kind of thing.
If we can imagine the next 2 years bitcoins value will be wway more than this so as a long term investment we should buy btc now.
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November 04, 2017, 10:46:18 PM
 #13

i wish to see a correction ....... dn't think it's coming is it
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November 04, 2017, 10:47:10 PM
 #14

Maybe it is good to keep buying bitcoins for more time, but i would not invest anymore, it has been rising a lot and it is risky to invest now, just look at the charts, it is very risky to join any program when it has been bullish for months, without a good fall.
Maybe a lot of people will think that i am spreading "fud" but i am not, i trully believe on bitcoin, only that the price is very high if you want to join this train right now.
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November 04, 2017, 10:49:17 PM
 #15

If there's one, it will only be a small one!
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November 04, 2017, 10:53:51 PM
 #16

My suggestion is to not rely on past market data to predict future market data.  That's the
reason why technical analysis fails.  Bitcoin could definitely be following a pattern, but it's
a mistake to think it's destined to do X, just because it's done X in the past.  How many
zillionaires have you seen who are TA people?  Not many that I've seen.  Right now the
bitcoin market is extremely bullish, and that's likely to continue...in my opinion, but
there's nothing that says that we won't crash back to $100 tomorrow. 

If you buy bitcoin now, you're buying an asset that's right at its all time high.  Always
remember that.  Who gets burned in bubbles?  It's the people who do exactly that.
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November 04, 2017, 11:00:27 PM
 #17

I have been following bitcoin price's actions since August last year and one thing that is common is that price pattern do repeat itself. Event that happens in July to August this year is about to repeat itself again. I have been going through a lot of speculations threads and many of them are saying that bitcoin is going to clash after splitting but I disagree with that and for your information another pump is about to happen and this is going to push bitcoin price above  $8,000. I have also see that this may happen before end of this year.

Like any other stocks, bitcoin also has a price trend.  a very close monitoring over a longer period of time can reveal the trend to you. Actually no one is sure about what will happen after the fork. That is why they are called speculators. They can just guess the price movements using their intuition and experience. It may or may not be true always. I too believe that the price is going down a little after the fork because bitcoin will loose some of its market cap. However, if there is a pump scenario happening soon after, that may go up as well. So can't tell anything for sure.

Mate if we believe that the next fork could be the reason for bitcoin to drop or shade some profit off, we might get it wrong because the expectation was that the last fork which saw the emergence of bitcoin gold was to pull bitcoin down when it was $5300 but that didn't happen, rather after that we saw bitcoin gaining more profit to $7300 currently.

Well, I do believe that bitcoin will shade some profit off natural because it is due but not because of the fork.
My thought about why the bitcoin gold (after the fork) didn't make the price drop is the span between the next fork is just less than a month so maybe people are just holding their coins, instead of selling it, and just waiting for the next snapshot and then will release to gain profits. What I am seeing in the bitcoin price is a "very heavy clouds" that very soon will pour out and rain tremendously.

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November 04, 2017, 11:14:12 PM
 #18

Maybe it is good to keep buying bitcoins for more time, but i would not invest anymore, it has been rising a lot and it is risky to invest now, just look at the charts, it is very risky to join any program when it has been bullish for months, without a good fall.
Maybe a lot of people will think that i am spreading "fud" but i am not, i trully believe on bitcoin, only that the price is very high if you want to join this train right now.


Exactly, it is very high and it has been very bullish for more than months, maybe since the beggining of this year, and 7,5k is an expensive rate for me, i was buying bitcoins until the price reached about 3k - 4k each one, and this was a nice fair rate, but when it got to 5k each btc it was so expensive for me, now i prefer to trade and use the bitcoins that i have on my wallet, i would not buy anymore only because of that, the price.
but yes, there is nothing that can make us sure that the price will not be going to reach 10k by next month.


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November 04, 2017, 11:34:26 PM
 #19

Bitcoin is strongest fundamental coin that the price possible continue going up 10 times more than currenct price. Because supply of Bitcoin is limited only 21 million but now everyday many people from around the world  jump into Bitcoin.

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November 04, 2017, 11:59:57 PM
 #20

I have been following bitcoin price's actions since August last year and one thing that is common is that price pattern do repeat itself. Event that happens in July to August this year is about to repeat itself again. I have been going through a lot of speculations threads and many of them are saying that bitcoin is going to clash after splitting but I disagree with that and for your information another pump is about to happen and this is going to push bitcoin price above  $8,000. I have also see that this may happen before end of this year.
all people have own opinion what happens for the future they are only a prediction no one can say the true about what is the value of bitcoin before the end of this year but then if you always seen the bitcoin price still keep the price value increasing this very surprising to all.

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