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Author Topic: 11k plus is the price of Bitcoin Now. my fear is.....  (Read 1792 times)
bitcoinbillionaireboy
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December 03, 2017, 11:46:52 AM
 #1

Bitcoin might drastically go down deep following the sudden surge in price. If am wrong you can correct my impression thank you.
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December 03, 2017, 11:48:08 AM
 #2

You tell us bitcoin billionaire!
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December 03, 2017, 11:48:48 AM
 #3

A price drop happened many times already. The key is not to panic.
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December 03, 2017, 11:49:02 AM
 #4

Bitcoin might drastically go down deep following the sudden surge in price. If am wrong you can correct my impression thank you.

Your fear? Then I honestly hope your fear comes true. As a matter of fact, I'd like the whole ecosystem to slow down its surge so I can accumulate as much as I can.

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December 03, 2017, 11:51:47 AM
 #5

Bitcoin might drastically go down deep following the sudden surge in price. If am wrong you can correct my impression thank you.

Don't fear if bitcoin drops in price instead be happy because you still have a chance to grab more bitcoin but I think the correction is done already and the price of bitcoin will keep moving until it hit $15k and correction may happen again, you have to watched out for the price of bitcoin in the coming days.

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December 03, 2017, 11:52:58 AM
 #6

yes I think it must be falling more than $ 8k, at least they are sticking to the $ 10k price, let's see it later in 2020 maybe 100x higher than the highest price this year Smiley

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December 03, 2017, 11:53:16 AM
 #7

Your fears are reasonable, cuz it looks like a bubble.
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December 03, 2017, 11:55:07 AM
 #8

Bitcoin might drastically go down deep following the sudden surge in price. If am wrong you can correct my impression thank you.

in these past few weeks/months his price have raised and then drop only to rise more again.

I think that the price will really go down only in there will be a really bad news such a real ban/regolamentation


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December 03, 2017, 11:55:43 AM
 #9

Bitcoin might drastically go down deep following the sudden surge in price. If am wrong you can correct my impression thank you.

Bitcoin's price is volatile, and its going up and down since its creation almost. So there is no need to panic about that. In general the price keep increaing even if its dropping down a little bit for some days or weeks, but afte this it go up highly.

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December 03, 2017, 11:58:04 AM
 #10

Well I think you are wrong because I feel like bitcoin is going to continue to rise and might even reach $13,000 by this month. Bitcoin is always fluctuating so most traders already expects bitcoin to rise and fall and eventually continue to rise back again and this has happened a lot of times already repeatedly.

   
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December 03, 2017, 12:34:27 PM
 #11

maybe it happens and maybe it goes to $1000000000000000 suddenly. that is as believable as what you said because i am giving just as much information as you do.

you see, irrational fear is not a good thing. the same as irrational wishfulness is not good.
price already had its rise and correction and accumulation and rise again.

can it fall? yes.
can it rise? yes.
how much did you invest? more than you can afford to lose?














 

 

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December 03, 2017, 12:49:29 PM
 #12

There is nothing wrong having such opinion on fearing the value of bitcoin. Since bitcoin also have risk in it, it is not a doubt that we would fear that it might drop down unexpectedly due to some factors especially right now when all of us are expecting highly of it.

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December 03, 2017, 12:53:41 PM
 #13

I agree with you. I think the bitcoin price will drop quite a lot when this rally ends. There was too much good news this week that pushed the price up too high. I think $ 8000 will be the number that bitcoin hit the lowest in the near future.

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December 03, 2017, 12:56:08 PM
 #14

The bitcoin price was so huge nowadays. $11000 is a huge profit, but nothing to fear because its normal that bitcoin will fork, every user cant speculate or predict when the price will be increasing or decreasing.

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December 03, 2017, 12:58:16 PM
 #15

Bitcoin can actually surge anytime but it is not because of the continuous pump in bitcoin value that happens in the last few weeks, bitcoin may drop because that's how the cycle goes and if you are familiar enough with this kind of fluctuations you shouldn't be worried and instead wait for the drop because that is an opportunity for investment. Like what is always happening every drop the bitcoin price end up more valuable and a good investment to have.

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December 03, 2017, 01:01:22 PM
 #16

Bitcoin might drastically go down deep following the sudden surge in price. If am wrong you can correct my impression thank you.

Even if it drops significally, it will still go back up. We just don't need to panic. More panic leads to wrong decisions. So I will keep my Bitcoins until the future of cryptocurrencies will be known to all people.

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December 03, 2017, 01:07:16 PM
 #17

Bitcoin might drastically go down deep following the sudden surge in price. If am wrong you can correct my impression thank you.

Even if it drops significally, it will still go back up. We just don't need to panic. More panic leads to wrong decisions. So I will keep my Bitcoins until the future of cryptocurrencies will be known to all people.

Do you have any ideas how to identify that moment when "the future of cryptocurrencies will be known to all people"? Smiley
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December 03, 2017, 01:10:37 PM
 #18

Well, will fall and what's wrong with that? It has always been so, and even if it comes now, everything will be fine. Don't be afraid, your billions will be safe.  Wink

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December 03, 2017, 01:15:39 PM
 #19

Bitcoin might drastically go down deep following the sudden surge in price. If am wrong you can correct my impression thank you.
Nope it won't happen like that. Let me add that this corrections thing will not affect the bitcoin with very much drastic change. It might just make it drop from to 8-9K USD but not below that. Have you seen the market capitalism that bitcoin has achieved up until now? Its more than 250B USD and its enough for it to keep up that much rates. What will affect it, if it wanted to drop way below then it would be its sudden "investors pulling out" of it. But you ask yourself who would do that, who will ever do that with bitcoin? I mean its for sure not me or you who are the best believer of the bitcoin.

This and many more factors are there which keep up the bitcoin prices all time high. They are literally pushing it further and as speculated by many other people around the community they think its going to be 15K soon and who knows might just 20K next year end. What we have to do is just to keep up the pace of investing strong and unidirectional. :-)

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December 03, 2017, 01:20:00 PM
 #20

Then time to buy again as soon as it dumps. Actually its the right opportunity to buy cheaper Bitcoin. These days it is rare to happen. Anyway, dumping is normal. Get used to it.  Bitcoin or any other cryptocurrecies are volatile in nature. Wild swings of price happens because it has smaller market. But wait until CME to add Bitcoin on their list. I think Bitcoin will never drop again below $10k because Bitcoin will be on major financial market. Means, a lot of players will join Bitcoin. That is huge. We can see Bitcoin at roughly $15k anytime soon. Don't fall in panic. That's my suggestion.

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