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Author Topic: $8000+ is here. This rise has left behind lots of wounded...  (Read 1723 times)
jackinana
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November 20, 2017, 12:10:38 PM
 #21

Gosh 10000 by year end? I won't dump mine though gonna hold as long as I can. Hopefully it will hit 100k per bitcoin by 2030.
Crypto_Zone
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November 20, 2017, 12:11:51 PM
 #22

I expect we will see a dip before we see 10000. Just remember that only 2 weeks ago bitcoin was down in 5400.

I don't think so... The BTC will break the 8,500 soon.
After that we can't stop and wait becoz it will stop bottom of the 10,000 in next year.

Do your best!
freightjoe
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November 20, 2017, 12:13:05 PM
 #23

Here is a detailed step-by-step guide to how the events will unfold for Bitcoin (and the other cryptos) :

- Bitcoin will start dropping in value sharply
- Bitcoin promoters and investors will say that this has happened many times before
- In this forum especially all will be saying to buy because it is cheap, and many will say to hodl
- price drops further, and all promoters will keep saying we have seen this before and it is a good time to buy and hodl
- price drops further, and waiting transactions are now mounting rapidly because despite the cries of "hodl!" quite a few people want to get out. But the way Bitcoin works prevents all from exiting when they want to.
- The price to get your transactions through becomes very high, in reality meaning only people with large holdings of Bitcoin can afford to get out. And they do because they have in many cases bought at below 1000$ and therefore they want to take their profits.
- As it becomes clear price keeps declining and it is impossible to get out, the smaller investors start to panic. It is the same as being in a large building with many people and only one small fire exit when there is a fire
- Prices now decline to a level where the miners can only make money by charging very high prices for transactions
- The high prices for transactions and the low price of Bitcoin means that no smaller investors can now get out of Bitcoin
- The price stabilizes at a very low level and it is impossible for the small investors to get out as no miners can make money any more
- Nobody want to buy into Bitcoin because of the very high transaction fees
- Game over.
BingoDog
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November 20, 2017, 12:14:39 PM
 #24

I would say that this has wounded at the first place those who thougth that bitcoin cash will prevale and bitcoin will fall so they have put their funds into bitcoin cash instead of bitcoin. This is just another proof how easy is to mislead people and sell them false information.
I'm glad that the price has recovered so fast and shows the rising tendency. December could bring us some more good news so don't think it is too late to buy bitcoin now, even when the price is so high.

malaj
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November 20, 2017, 12:16:28 PM
 #25

it is always like this.
each rise, specifically the big rises always leave some people behind. mostly those weak hands who are always late to act on each movement. late to sell and late to buy at all times.

Way earlier than I expected, but damn good to see. Skyrocketing in december is a go.

why do you think it is early? price reached $7888 on November 8 (12 days ago) and this is just a $112 rise or in other words 1.4% higher than the last ATH. not that big a deal in my opinion.

Holding Bitcoin More Every Day
ListICO
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November 20, 2017, 12:18:19 PM
 #26

Yuuhuu Se you at  $10000
https://www.listico.io/blog/bitcoin-will-reach-10-000-by-christmas
Chyton
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November 20, 2017, 12:19:37 PM
 #27

$8000 is good but we all know this is going to stop anytime soon because they buy order is going out of fuel. But I predict that Bitcoin will rise gradually to $9000 then we will have some dips and correction around Christmas.

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paolo099
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November 20, 2017, 12:22:30 PM
 #28

Here is a detailed step-by-step guide to how the events will unfold for Bitcoin (and the other cryptos) :

- Bitcoin will start dropping in value sharply
- Bitcoin promoters and investors will say that this has happened many times before
- In this forum especially all will be saying to buy because it is cheap, and many will say to hodl
- price drops further, and all promoters will keep saying we have seen this before and it is a good time to buy and hodl
- price drops further, and waiting transactions are now mounting rapidly because despite the cries of "hodl!" quite a few people want to get out. But the way Bitcoin works prevents all from exiting when they want to.
- The price to get your transactions through becomes very high, in reality meaning only people with large holdings of Bitcoin can afford to get out. And they do because they have in many cases bought at below 1000$ and therefore they want to take their profits.
- As it becomes clear price keeps declining and it is impossible to get out, the smaller investors start to panic. It is the same as being in a large building with many people and only one small fire exit when there is a fire
- Prices now decline to a level where the miners can only make money by charging very high prices for transactions
- The high prices for transactions and the low price of Bitcoin means that no smaller investors can now get out of Bitcoin
- The price stabilizes at a very low level and it is impossible for the small investors to get out as no miners can make money any more
- Nobody want to buy into Bitcoin because of the very high transaction fees
- Game over.

and then you woke up wet?
I saw this BS posted already in a couple of thread, what's the meaning of this? why are you spreading this crap over and over? Do you really believe in what you wrote?
To me you looks like somebody who lost the train and it's trying to convince the community to give up, throw everything away and stop caring about BTC?
I think you are in the wrong forum mate and the charts are saying the opposite, just don't listen to this crap guys.
werner52911
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November 20, 2017, 12:23:20 PM
 #29

From a technical point of view, the uptrend is fine. We are in a bull market. There will be smaller resets in the near future, but the way up is free.

From a real economic perspective, the reasons for a further increase are also given. Many professional investors join the BTC. There are major crises around the world, both politically and economically.
That's why people save their money through the BTC. The BTC is the only Coin with which I can buy goods. It is limited and demand is increasing.

That's why I see no end to further highs in the future.

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freightjoe
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November 20, 2017, 12:35:39 PM
 #30

Here is a detailed step-by-step guide to how the events will unfold for Bitcoin (and the other cryptos) :

- Bitcoin will start dropping in value sharply
- Bitcoin promoters and investors will say that this has happened many times before
- In this forum especially all will be saying to buy because it is cheap, and many will say to hodl
- price drops further, and all promoters will keep saying we have seen this before and it is a good time to buy and hodl
- price drops further, and waiting transactions are now mounting rapidly because despite the cries of "hodl!" quite a few people want to get out. But the way Bitcoin works prevents all from exiting when they want to.
- The price to get your transactions through becomes very high, in reality meaning only people with large holdings of Bitcoin can afford to get out. And they do because they have in many cases bought at below 1000$ and therefore they want to take their profits.
- As it becomes clear price keeps declining and it is impossible to get out, the smaller investors start to panic. It is the same as being in a large building with many people and only one small fire exit when there is a fire
- Prices now decline to a level where the miners can only make money by charging very high prices for transactions
- The high prices for transactions and the low price of Bitcoin means that no smaller investors can now get out of Bitcoin
- The price stabilizes at a very low level and it is impossible for the small investors to get out as no miners can make money any more
- Nobody want to buy into Bitcoin because of the very high transaction fees
- Game over.

and then you woke up wet?
I saw this BS posted already in a couple of thread, what's the meaning of this? why are you spreading this crap over and over? Do you really believe in what you wrote?
To me you looks like somebody who lost the train and it's trying to convince the community to give up, throw everything away and stop caring about BTC?
I think you are in the wrong forum mate and the charts are saying the opposite, just don't listen to this crap guys.

You will be one of those crying when you have lost everything, not knowing what hit you. You might be in that category where you are so ignorant of what little you actually know that you genuinely believe you are an expert.
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November 20, 2017, 12:40:06 PM
 #31

Upssss ... just watching live dance of Bitcoin, now around 8130 at Bitstamp.
Some chartist predicted this time Bitcoin up to 8400.
... probably, I am not this chartist.  Grin

As I told in other posts, a lot of people started saving in bitcoin, even for retirement.
Bitcoin is slowly evolving into value storage medium.
Pure asset.

I would like to see Litecoin getting the micro-transactions and give some relief for BTC. Smiley

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Harlot
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November 20, 2017, 12:41:07 PM
 #32

For people who got to ride the dip or even earlier we might be enjoying the price increase now but the scare of it going down is still there, it is still vulnerable to sudden price movements now it has broken 8,000$ price range. We might be seeing hundreds or even thousands of price increase and decrease if it raised any higher than 10,000$ by the end of the year. Let us be water and still monitor the prices we need to be extra cautious now that the price of Bitcoin is this high.
Oliver A
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November 20, 2017, 12:44:15 PM
 #33

the $8000 was finally broken for the second time now and we are officially on the big ass rise now.

but this rise has left behind lots of wounded people who forgot to listen to advice of "buy in the dip" and were left behind.
right now so many of them are creating new accounts saying how bitcoin is going to crash and how it is all a bubble that it is starting to make me laugh Grin

anyways, enjoy the ride. see you at $10k
Definitely, it will soar to $10000 by the end of this year. And I am eagerly waiting for that
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November 20, 2017, 12:47:11 PM
 #34

the $8000 was finally broken for the second time now and we are officially on the big ass rise now.

but this rise has left behind lots of wounded people who forgot to listen to advice of "buy in the dip" and were left behind.
right now so many of them are creating new accounts saying how bitcoin is going to crash and how it is all a bubble that it is starting to make me laugh Grin

anyways, enjoy the ride. see you at $10k
That's absolutely true and by now I am sure that those who sold their Bitcoin will definitely regret it. The market value of Bitcoin is now rising and it is again possible for its value to reach 10000$ as this year end. And also, investors will surely be happy with what is happening at this moment.

 
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November 20, 2017, 01:10:29 PM
 #35

Wounded are those who pushed the panic button and jump off the bandwagon too early while bitcoin is gearing up for another charge that reaches new heights. Wounded are those who pushed the excitement button midway through bitcoin's charge and left them with a head full of "what if's" as they stood bitcoin charging even further.

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November 20, 2017, 01:55:23 PM
 #36

I expect we will see a dip before we see 10000. Just remember that only 2 weeks ago bitcoin was down in 5400.

I don't think so... The BTC will break the 8,500 soon.
After that we can't stop and wait becoz it will stop bottom of the 10,000 in next year.

Do your best!
Your guess is as good as mine. Because we are simply guessing. Nobody can predict market news, trends etc. that can have positive or negative impact. Imagine if China banned the use of Bitcoin and made it illigal to own etc. many unknowns.
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November 20, 2017, 02:09:24 PM
 #37

We are all guilty of expecting to see massive rises in bitcoins value. Many of us will have regret that we did not invest earlier. What's done is done my hope is now in doge.

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November 20, 2017, 02:10:22 PM
 #38

How far do you guys see the price pulling back from 10k?
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November 20, 2017, 02:24:15 PM
 #39

How far do you guys see the price pulling back from 10k?

When you get to the end-game, it will be below 1000
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November 20, 2017, 02:28:31 PM
 #40

How far do you guys see the price pulling back from 10k?

I think the time is now and the magic digit of $10,000 will certainly be reached! Bitcoin proved that It can recover fast as there are many Bitcoin believers. Imagine loosing close to $40 billion in hours and recovering it back in days. No financial instrument can recover that fast and the Wall Street guys are already watching this. I am sure we will see a massive bull run in the coming days.
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