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Author Topic: 5 digits  (Read 815 times)
Karpeles
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November 24, 2017, 05:35:02 AM
 #21

I am just wondering if there will be a 10k selloff or if it will eat straight through it, unlike sub 5k levels, BTC has become a lot more tame - slow but steady

10k is a barrier in the logarithm sense, and 5k is just another another number that isn't much different from 2k or 9k. A selloff or great resistance near 10k is more likely, but of course others things may have more influence and make the 10k barrier be crossed fast
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November 24, 2017, 05:40:55 AM
 #22

Seems that bitcointalk is turning bearish another time, like there are some psychological resistance when btc come near the 10- 100 -1000 -10000 -100000 usd milestones.

Fortunately, bitcoin is just an honey badger, he will eat this reptilian thinking without giving a fuck.

I claim 5 digits soon.

I totally agree with it. 5 digit pricing is just around the corner. They can send FUD all year long and still Bitcoin will remain supreme. Hoping for an unexpected pricing by December.
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November 24, 2017, 05:42:44 AM
 #23

I think the goal target should turn into 6 digits. Let's make it 1000000

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November 24, 2017, 06:29:30 AM
 #24

Seems that bitcointalk is turning bearish another time, like there are some psychological resistance when btc come near the 10- 100 -1000 -10000 -100000 usd milestones.

Fortunately, bitcoin is just an honey badger, he will eat this reptilian thinking without giving a fuck.

I claim 5 digits soon.
With such a steady growth, it is generally unclear what will be his limit and how it will end and how in principle it will affect other coins if they are really ignored. In general, while everything is ghostly and a bit interesting.

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November 24, 2017, 06:36:44 AM
 #25

Seems that bitcointalk is turning bearish another time, like there are some psychological resistance when btc come near the 10- 100 -1000 -10000 -100000 usd milestones.

Fortunately, bitcoin is just an honey badger, he will eat this reptilian thinking without giving a fuck.

I claim 5 digits soon.

I'm predict the price of bitcoin will hit 5 digits in the end of the year. December will be another big month for bitcoins

You cant have a move without corrections. Even if bitcoin drops to like 5k, so what? Thats still 5k! 3k? Thats still 3k money, 1k? So? Buy back.

If prices go back to 3k level then buy at that low price you will benefit more later on from that investment. Bitcoin looks very strong for long-term investments.

Nah i don't think so, even if the bitcoin price fall really hard, it will never back to $3,000 again. The lowest is $4,000 i think. So many people holding their bitcoins right now, so i don't think the price will fall anytime soon.

iam same youre prediction, ussualy in end year bitcoin price incraese, maybe can reach 10k dollar
if bitcoin down price until reach 3k dollar i think much people can crazy, because lost much money
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November 24, 2017, 06:36:50 AM
 #26

I think the goal target should turn into 6 digits. Let's make it 1000000
wow, we should think first and help the value to grow up to 6 digits then we think about that possibility to happen, bitcoin really showing a big value
and for sure a lots of business minded people are aiming to join and help this system to reach 6 digits, will be happy to consider adding more investment
to have a good numbers of profits after.
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November 24, 2017, 06:47:43 AM
 #27

No one able predict for sure but the fact is bitcoin keep increase from time to time !
It means that more people interest on this digital value although they still have the risk ( volatile )

So my suggestion, just hold your bitcoin and be a miracle of 5 digit may with you !
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November 24, 2017, 07:06:56 AM
 #28

Well I guess if the price continues to gain or increase into 10,000 US dollars then it's possible that in 1 to 3 years that price of bitcoin will reached to 100,000 US dollars for as long people continually supports the claim of bitcoin as one of the future currency in this world today and bitcoin avoid the hindrances like government rules and regulation which can restrict the use bitcoin but as long as the concept why bitcoin was established will standstill
bitcoin development will upwards.

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November 24, 2017, 07:13:13 AM
 #29

Seems that bitcointalk is turning bearish another time, like there are some psychological resistance when btc come near the 10- 100 -1000 -10000 -100000 usd milestones.

Fortunately, bitcoin is just an honey badger, he will eat this reptilian thinking without giving a fuck.

I claim 5 digits soon.

Yes. It looks like their is a huge psychological resistance after reaching its peak above $8000. And seems to be bearish however, I haven't seen any dumping yet. Maybe its just been saturated or no new investors coming or maybe everyone is on the waiting game. But any wall that has been put through was broken and its just a matter of time before we can see another bullish run pushing the price to 5 digits. For me to get into that much sought 5 digits, we need a fresh and positive news to fill between now and $10000 barrier.

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November 24, 2017, 12:14:43 PM
 #30

Seems that bitcointalk is turning bearish another time, like there are some psychological resistance when btc come near the 10- 100 -1000 -10000 -100000 usd milestones.

Fortunately, bitcoin is just an honey badger, he will eat this reptilian thinking without giving a fuck.

I claim 5 digits soon.

Yeah ! At this stage , it is not very difficult to get five digits . But that might not happen very soon . Bitcoin has already proved and flourished enough this year . ending off this year with a maximum of $8500 would be fair . Getting too fast to in the race can make you slow down furthur that is why it is needed to relax for some time now . Already , many analytics are calling bitcoin as a bubble , this would furthur prove this right if bitcoin suddenly goes upto $10000 . In the time to come it is definitely going to be a five digit but i hope that time don't too soon or too far .                                                               
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November 24, 2017, 01:19:02 PM
 #31

To overcome the barrier of 5 digits will not be difficult. The community is ready for this. Now a period of stability. It seems to me that bitcoin will reach in small steps prices $ 9,300 and then drop to 7300 dollars. After that will be a start and UPS and we will see the figure of $ 10,000. Only this, nothing will change. Will only change our guidelines.
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November 24, 2017, 01:25:04 PM
 #32

This also happened before when the price was at the $7,000 level bitcoin barely made it to $7,500 per coin but it reached the $8,000 after the BCH failed attempt. 5 digits is still possible to reach before the year ends but no one knows.

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November 24, 2017, 02:06:19 PM
 #33

Round numbers (7500, 8000, 10000...) are always a barrier beause I think some traders decide they'll sell at this value, and naturally you define an order with a round number instead of a random value. If I was trading often, I would buy at, for example, 8000, and put an order to sell at 9000.

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November 24, 2017, 02:07:45 PM
 #34

5 digits ? Bitcoin already achieved that point in some exchanges,
it's just people do not know about it yet and they're focusing too much their attention to international exchanges,
while there're a place that you can find it in that range,
also so what if we're seeing people in this forum become another bear ? i do not think to much about it.
because i only believe the opposite from what people says,
there're a lot of speculation that will happen with Bitcoin in upcoming days and even if it goes down i do not really care.
Bitcoin still has a lot of room to grow and it's not its real value or yet to be determined.
technology and modernization are our future,i believe Bitcoin will be a bridge for us to connect it all.

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November 24, 2017, 03:06:02 PM
 #35

Round numbers (7500, 8000, 10000...) are always a barrier beause I think some traders decide they'll sell at this value, and naturally you define an order with a round number instead of a random value. If I was trading often, I would buy at, for example, 8000, and put an order to sell at 9000.

Wow, I have never thought of it this way. It sounds simplistic, but makes perfect sense. A perfectly plausible explanation in my opinion.
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November 24, 2017, 03:25:24 PM
 #36

I still hope bitcoin price will definitely still rise its price. It is really hard to rely on bitcoin but as long know bitcoin is safe to invest and hold at this time, it is not a problem for it to hold for a long time. 5 digits soon is possible. Hoping that I can also can earn my 1btc someday. It is really hard to earn it right now because of its expensive price but still holding bitcoin is my thing.
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November 24, 2017, 08:01:48 PM
 #37

I am just wondering if there will be a 10k selloff or if it will eat straight through it, unlike sub 5k levels, BTC has become a lot more tame - slow but steady
From what I can see bitcoin has a tendency to touch one of those barriers and then a sell off happens but the second time it reaches that limit it tends to stay there for longer, so it is possible we get a sell off the first time we touch 10k but not the second time.

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November 24, 2017, 08:28:34 PM
 #38

I’m open to it but does the community ready for a 5 digit bitcoin price,, hopefully..  The resistance comes from the split supports on bitcoincash this past few weeks and that is understandable for having massive FUD circling after miners and exchanges pullout from a cancellation of Segwit2x.. Its a continuous events that makes it confusing for the investors to see the bitcoin price beyond 10000$ but I’m sure it will soon be coming as it is silent around..

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November 24, 2017, 08:38:13 PM
 #39

BTC has become a lot more tame

became a bit annoying, good times when the price dropped a lot and I bought and the price increased and I sold, now that we have no more drama, my business is ruined.

I claim 5 digits soon.

has price forecasts much higher than $10.000

Bitcoin $400,000 Says Investing Guru Mark Yusko



" The Chicago Mercantile Exchange (CME) has announced it will add Bitcoin futures trading in the fourth quarter of 2017. Bitcoin price almost instantaneously jumped on the news, reaching all-time highs over $7,500.

However, the cancellation of SegWit2x has led to a sudden slump in the price, and would-be investors have been scared away from previous high priced predictions. However, Mark Yusko, founder and CEO of Morgan Creek Capital Management ($3.7 bln in assets under management) has not shied away from making predictions, suggesting that Bitcoin will eventually be worth $400,000.

The investing guru first bought into the cryptocurrency scene in 2011 but regrets not purchasing more. He was clear about the future, however, in spite of the lack of support among institutional bankers. He noted:

"This will change the supply and demand equation for banking. It is that big. I'm not surprised at all that bankers, financiers and Saudi Princes are coming out against it. This is a truly disruptive technology.”

Yusko compared Blockchain and Bitcoin to the Internet thirty years ago, noting that it has the same capacity to ‘change everything.’ His lofty prediction is for the long term of the cryptocurrency. "

we'll see $10,000 soon

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omonuyak
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November 24, 2017, 08:51:25 PM
 #40

Seems that bitcointalk is turning bearish another time, like there are some psychological resistance when btc come near the 10- 100 -1000 -10000 -100000 usd milestones.

Fortunately, bitcoin is just an honey badger, he will eat this reptilian thinking without giving a fuck.

I claim 5 digits soon.
I also joined you to "claim 5 digits soon" it see there is going to be a little corrections before the next push. Many of us that has been following bitcoin price could really testified to op point of view and I think  $10,000 is closed to us than when we were at $5,000. I think we would achieve $10,000 before end of this year and it might be next week or first week of December.
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