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Author Topic: Anyone else feel unsettled about recent price?  (Read 497 times)
Inous
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December 09, 2017, 09:06:15 AM
 #21

It just the time for bitcoin, for few years bitcoin struggle to raise even $1000 takes months but for now, it just a few hours to increase as much $1000, that's why most people feel unsettled. At current market situation, more demand comes into cryptocurrency as the media always reports crypto development all this time, every day. Since bitcoin rise over $10K, financial institutions such as CME trading group started to glance to bitcoin and don't want to miss the chance to be involved as the early investors in the crypto market.


So true, for the last several decades we've been living in a digital world. Everything around us gets digital, relationship, job, money. The digital (crypto) revolution was doomed to happen. Some may not accept that, some have been living in it. We, guys, are on the cusp of the crypto revolution.

New miner piggy bank:
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woas4
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December 09, 2017, 09:13:48 AM
 #22

With such an exciting and new technology like bitcoin and blockchain are, you can never tell when the price will stop rising. We will probably get a correction, but what if that correction will be from something like $30k to $20k? Or just any other 2 arbitrary numbers that are much higher than what we are seeing today...

Kotone
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December 09, 2017, 09:17:25 AM
 #23

This recent boost in Bitcoin is a pretty big deal, but I'm kind of worried because it happened so fast. A lot of people were saying 20k by the end of 2018, but it almost hit it this year just a couple days ago. It is weird thinking that just 3 weeks ago bitcoin was at $7000ish. This massive boom recently makes me worry that the market is being manipulated. Hopefully it is just demand and not manipulation. I just want bitcoin to remain healthy.

I Actually feel like this is the right place for cryptocurrency to go especially bitcoin. It goes to hard forks and to very low lows. However once it goes up it reaches new peaks and every year it kight just get stronger a slong as it stays afloat in all of this mess

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December 09, 2017, 10:05:52 AM
 #24



It's just markets being markets. During the 2013 bull cycles we saw supply dry up on the exchanges in a similar fashion. Lack of supply combined with mainstream media hype and a solid 2-year bull market? That's enough reason for a parabolic rally! The general theory with blow-off tops is "the higher it goes, the harder it will fall."


I am very affraid of it too., that is why i'm not buing BTC now, and wait for some correction
burnedbyfees
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December 09, 2017, 10:07:27 AM
 #25

The crazy hockey-stick like chart made me nervous, but it's started to correct a little now and follow the trend a bit more.

I still think the price, FOMO and hype needs to calm down a bit though, I'd be happy to see BTC fall back to 10-12k and take a nap for a while.

yluna88
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December 09, 2017, 10:24:23 AM
 #26

Isn't a correction already happening now? Btc price was $18k 2 days ago and now it's barely $15k. Well, I'm quite a newbie, so would appreciate others' inputs...
burnedbyfees
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December 09, 2017, 10:28:25 AM
 #27

Isn't a correction already happening now? Btc price was $18k 2 days ago and now it's barely $15k. Well, I'm quite a newbie, so would appreciate others' inputs...

Yes, it's started to cool off a bit, which is a lot better than crashing.

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December 09, 2017, 10:30:46 AM
 #28

Hey! reading your post im having the same feeling like you. After  so crazy and abnormal growth should come hard enough and long correction, but now i dont see that. Im waiting the price down till 12-13t $ at least in the nearest time.


szpalata
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December 09, 2017, 11:25:07 AM
 #29

Isn't a correction already happening now? Btc price was $18k 2 days ago and now it's barely $15k. Well, I'm quite a newbie, so would appreciate others' inputs...

Yes, it's started to cool off a bit, which is a lot better than crashing.

There will definitely be some corrections here and there but i don't expect it to go even below 15k$, and so i will urge all to keep faith and be settled over it without harboring any fear or panic because bitcoin is definitely going places.
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December 09, 2017, 12:05:10 PM
 #30

This recent boost in Bitcoin is a pretty big deal, but I'm kind of worried because it happened so fast. A lot of people were saying 20k by the end of 2018, but it almost hit it this year just a couple days ago. It is weird thinking that just 3 weeks ago bitcoin was at $7000ish. This massive boom recently makes me worry that the market is being manipulated. Hopefully it is just demand and not manipulation. I just want bitcoin to remain healthy.

It's really not far to happen or should I say that it's really happening now. It's quite saddening that it can really manipulate by the big whales the pumps and dumps that we're experiencing and we are just the riders of all of these and we can't do anything about it.
When bitcoin accelerated too fast recently everyone are like going crazy and don't know what to do, some are happy and yeah some are thinking if it's just a bubble than can burst out any time. But whatever the reason behind this, one thing is certain that we're all take profit.

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no0dlepunk
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December 09, 2017, 12:25:18 PM
 #31

This recent boost in Bitcoin is a pretty big deal, but I'm kind of worried because it happened so fast. A lot of people were saying 20k by the end of 2018, but it almost hit it this year just a couple days ago. It is weird thinking that just 3 weeks ago bitcoin was at $7000ish. This massive boom recently makes me worry that the market is being manipulated. Hopefully it is just demand and not manipulation. I just want bitcoin to remain healthy.
Ordinary people became attracted to bitcoin due to social media and television since the $8000 ATH... now, these people doesn't know about altcoins yet so expect a huge correction next year once these noobs become interested in ETH, ETC, LTC and more... My suggestion is to buy as many altcoins as you can, NOW.

as the old focker said - be greedy when others are fearful but be fearful when OTHERS ARE BUYING BITCOINS GREEDILY! ha ha! CAVEAT.
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