Who else is fine if Bitcoin would stay at this price for the next six months?

[BuyingFast]

Let's be honest, the technology behind it hasn't evolved much from a user's standpoint. The price is huge, most of us have made a lot of money already. I'm more than satisfied with the current price, but I think it has a higher chance of a huge correction than to go up. So I'd be happy if it remains at this level. Anyone else in the same boat?

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[maeusi]

Let's be honest, the technology behind it hasn't evolved much from a user's standpoint. The price is huge, most of us have made a lot of money already. I'm more than satisfied with the current price, but I think it has a higher chance of a huge correction than to go up. So I'd be happy if it remains at this level. Anyone else in the same boat?

I would prefer it to stay or even fall the next few months until I got the chance to gain enough Bitcoin. Then it may skyrocket after a few months. But I fear, it will continue its way up.

[Troilo]

I would love to see the bitcoin crash hard, so I could buy even more. 

[TravelMug]

Let's be honest, the technology behind it hasn't evolved much from a user's standpoint. The price is huge, most of us have made a lot of money already. I'm more than satisfied with the current price, but I think it has a higher chance of a huge correction than to go up. So I'd be happy if it remains at this level. Anyone else in the same boat?

You mean stable? Of course the price is already high, but given and there's no denying that we are all satisfied by it. But given the nature of bitcoin as a speculative market, I don't think that we will be that stable, its just a matter of time that a dump will happened.

It's inevitable though that a price correction should happened so that we can go to the next level. But I will take today's price anytime of the day because we have really profited a lot from this continuing price increase.

[mk4]

Sure. Bitcoin rose in price beyond my expectations since last year compared to my past expectations. I guess price stability for 6 months would be good as people could actually look at bitcoin as a stable payment system, not fearing for bitcoin's price to crash after receiving BTC payments.

Though I think if bitcoin's price would be stable for that long I think it would drop a bit, due to impatient people selling them and thinking of something like "btc is dead" or whatever just because the price didn't move for some time.

[steveabrahams]

Let's be honest, the technology behind it hasn't evolved much from a user's standpoint. The price is huge, most of us have made a lot of money already. I'm more than satisfied with the current price, but I think it has a higher chance of a huge correction than to go up. So I'd be happy if it remains at this level. Anyone else in the same boat?

I love that too if the price of bitcoin can stay at $8,000 for the next six months. For me $8,000 is already so big, of course i would be happy if the price keep increase but it seems it will going down soon. I prefer stay at $8,000, so i don't need to afraid about the bitcoin price for the next six months.

[traderethereum]

i am fine if bitcoin price is stay at this price and if bitcoin price is really stay at this price then i think we can see altcoin price will increase and we can have our party time for altcoin. the altcoin price will start to rise again and the price will reach the highest price like bitcoin too. with the price now, i think if altcoin price is increase, we can make a big profit too because altcoin trend will up too and if we buy at lower price, then we can waiting the next higher price.

[Kava]

Let's be honest, the technology behind it hasn't evolved much from a user's standpoint. The price is huge, most of us have made a lot of money already. I'm more than satisfied with the current price, but I think it has a higher chance of a huge correction than to go up. So I'd be happy if it remains at this level. Anyone else in the same boat?

So here everything is with such a hope that the moment still depends on the long years 5 or even will rise. Nobody wants a recession, it's a loss in profit, but it's inevitable. So everything will show the time.

[ridertiger]

Is volatility over now? Nothing is moving these days.

[Pursuer]

Let's be honest, the technology behind it hasn't evolved much from a user's standpoint.

technology for 99% of the rest of the things in the world has not evolved much from a user's standpoint. but that doesn't make any of the any less valuable than they are as long as they have their usages. and bitcoin has a lot, and lots more potential to it than you see. and this potential is still raw and as it is reached the price grows.

I'm more than satisfied with the current price, but I think it has a higher chance of a huge correction than to go up.

there is a bigger chance for a slower rise than a bigger rise.
there is a much smaller chance for a big fall that lasts than anything else.

in my opinion we will continue seeing the same speed rise for the following 6 months at least. and nothing will change with how price rises, we will have the big ups then some FUD and a 30% crash before it jumps back up again. and after 6 months only if we don't get some big news like this year, the price will slow down for a while but it will still rise.

So I'd be happy if it remains at this level. Anyone else in the same boat?

sorry but bitcoin is not known to be stable for this long. the longest time of stability that I can remember was back in the time when price was at the bottom after MtGox at $230 which lasted about a month and even then with that kind of stability we had 2 big things: 1 drop to $180 and 1 rise to $250

[mk4]

Is volatility over now? Nothing is moving these days.

Can you tell us how the graph below shows/indicates a coin that "Nothing is moving these days."? And that's only bitcoin; movement on some alts are greater. I don't know about you, but it sure looks volatile to me. *shrugs*  

[Suslived]

Let's be honest, the technology behind it hasn't evolved much from a user's standpoint. The price is huge, most of us have made a lot of money already. I'm more than satisfied with the current price, but I think it has a higher chance of a huge correction than to go up. So I'd be happy if it remains at this level. Anyone else in the same boat?

Look at the big picture. You say the technology hasn't evolved but what you fail to see is that Bitcoin is still heavily undervalued at this point. It is far more advanced than what the world is at today. Once people start using crypto we will see massive adoption and a very steep increase in bitcoin price.

[akram143]

Let's be honest, the technology behind it hasn't evolved much from a user's standpoint. The price is huge, most of us have made a lot of money already. I'm more than satisfied with the current price, but I think it has a higher chance of a huge correction than to go up. So I'd be happy if it remains at this level. Anyone else in the same boat?

I think bitcoin price will increase more in the coming six months and so on because the potential of bitcoin is huge the current price of bitcoin is just the initial stage.But yeah I am satisfied if the current price is staying for the next six months too because I too made good amount of profit from bitcoin in short time.
But there is no possibility for stable price because always the bitcoin price is swinging and it will be increased when the days passed.

[iamTom123]

Let's be honest, the technology behind it hasn't evolved much from a user's standpoint. The price is huge, most of us have made a lot of money already. I'm more than satisfied with the current price, but I think it has a higher chance of a huge correction than to go up. So I'd be happy if it remains at this level. Anyone else in the same boat?

Fortunately (or unfortunately depending on which viewpoint you all prefer), Bitcoin is destined (cult-sounding term?) to go up within the next six months because of the coming Futures Contracts not just by CME but most probably by other exchanges that are already seeing a good fortune to be made via this platform. Yes, personally speaking I have no problem if Bitcoin can be fixed for the next six months while the many problems affecting it can be solved once and for all. However, this is an open market and it can go up and can also go down...nobody can definitely say what will happen because even those who are experts in the movement of Bitcoin may also made mistakes in projections about the future of Bitcoin.

[cryptician12]

Let's be honest, the technology behind it hasn't evolved much from a user's standpoint. The price is huge, most of us have made a lot of money already. I'm more than satisfied with the current price, but I think it has a higher chance of a huge correction than to go up. So I'd be happy if it remains at this level. Anyone else in the same boat?

Fortunately (or unfortunately depending on which viewpoint you all prefer), Bitcoin is destined (cult-sounding term?) to go up within the next six months because of the coming Futures Contracts not just by CME but most probably by other exchanges that are already seeing a good fortune to be made via this platform. Yes, personally speaking I have no problem if Bitcoin can be fixed for the next six months while the many problems affecting it can be solved once and for all. However, this is an open market and it can go up and can also go down...nobody can definitely say what will happen because even those who are experts in the movement of Bitcoin may also made mistakes in projections about the future of Bitcoin.

I agree with you on this one. From a technical perspective bitcoin has been going up exponentially, and nothing goes up that fast without a correction. HOWEVER, with the coming CME futures (I believe they are expected in December), we're going to see a lot of institutional money pour into bitcoin. And as we all know, wall street guys are a bunch of greedy gamblers... so bitcoin will probably continue to rise for a few month, and then we'll see a correction sometime around FEB.

Anyways, let's wait and see what happens

[eternalgloom]

Maybe the technology hasn't evolved much from your own point of view because you've not experienced the evolution, but I can assure you that Bitcoin is changing from a technical point of view.
Soon we'll have more wallets that will have segwit enabled addresses, that's something everybody will benefit from.

Also don't forget about atomic swaps in the future, making cross chain exchange of crypto currency possible.

The only thing that matters for me regarding the value of Bitcoin is that it keeps moving upwards over the long term, whether it's slow or fast doesn't matter to me.

[Reid]

That "correction" that many of the users are using here. Where did you get that?
Is there really such a thing as a correction?
This is bitcoin we are talking about and even before I havent heard about correction, not until this forum have been populated and they created new words which is just to relieve their lost.  

There is no such thing! Demands will be the one who will tell what the price will be. Pfft.
And that "demand" will grow as the community grows. That is the only explanation why it goes way beyond our imagination.

[BrewMaster]

well, what did you expect out of the technology? flying cars
as a matter of fact it has evolved. bitcoin that is used today is nothing like what Satoshi introduced the first day. of course the basics are the same but a lot has been added. for example the multi signature feature, the data embedding with OP_Returns which BitFury is using to embed data on the blockchain, they already have contracts with some governments for that!
and lots more, and there will be a lot more with SegWit, Lightning Network and all the things that are coming such as Atomic Swaps, Confidential transactions, Smart Contracts,...

[cryptician12]

That "correction" that many of the users are using here. Where did you get that?
Is there really such a thing as a correction?
This is bitcoin we are talking about and even before I havent heard about correction, not until this forum have been populated and they created new words which is just to relieve their lost.  

There is no such thing! Demands will be the one who will tell what the price will be. Pfft.
And that "demand" will grow as the community grows. That is the only explanation why it goes way beyond our imagination.

Sure, demand will keep growing, and it will take the price along for the ride. No doubt about that. But along the way there will be profit taking and there will be panic selling... this is just how markets work. These are your corrections. And bitcoin has had more than a handful of these

[Ctn]

I think I’m up for this assumption because I have some plans if this really happens. If after this lock up value period is over then the price must go up and it will go up because people like would have invested a lot of money until then. Due to its locking period I will be getting window to buy more and more bitcoin at this price or same price over the period of 6 months and thus giving me chance to earn profits later on when the prices will go high all above the 8K prices or locked price. I mean come on with small investment each month I can at least bring up 2-3 bitcoins easily and then on top of that we can earn huge amounts of interest just like that. Hm, seems to me good deal and I’m for that anytime. I think most of the people will prefer the same scenario as me.