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It is a common myth that Bitcoin is ruled by a majority of miners. This is not true. Bitcoin miners "vote" on the ordering of transactions, but that's all they do. They can't vote to change the network rules.
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testyourinvest
Newbie
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December 14, 2017, 03:32:34 PM |
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Can you back that up with some facts maybe ? so far its just an uneducated guess.. if you take a glimpse on last years numbers and how it turned out we also had the max of 1.5k and a yearly increase of 1000% that year, followed by a 50% drop from the new value and a regain until march the upcoming year . if you ask me ,we will see a drop around christmas and then a slow gain until march to go back to ~18k.
! this is just my oppinion right now , so take it with a grain of salt !
you might want to sell now and buy back in after the drop , or you just hold it anyway . chance for profit , chance for loss . its mere speculation . i thought i had cryptos figured out until ~ oct.2017 since then it feels more like gambling to me.
I think its a good time to shift your btc over to altcoins.
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inturist
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December 14, 2017, 04:05:02 PM |
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Of Course you can sell your bitcoins nobody knows what will be tomorrow. But it can cost $50000 or $2000. Think about it.
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Svelto
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December 14, 2017, 04:20:12 PM |
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Your view is based on technical analysis? You make a point, by all means dude.
I am holding thou, because I only see Bitcoin rising from the 1, 2, 3, years graph.
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bitvalak
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Leading Crypto Sports Betting & Casino Platform
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December 14, 2017, 05:06:28 PM |
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yes I agree with the analysis, but what if the demand on bitcoin dominates? Is not that also able to break the analysis, because we know that bitcoin is now very popular compared to 1 year ago, many people are interested to have bitcoin. And now there are thousands of people who are ready to buy bitcoins for their future investments because people believe that future bitcoin prices will rise 10x from today's prices
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Reid
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December 14, 2017, 05:09:33 PM |
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No. It is not yet maxed. You are just looking at a graph and basing it on that but that doesnt mean it ends there. Looks like they are still keeping their coins since there is not much movement from it.
I dont believe it will stay like this before 2018 since there are forks coming. This could lead to a higher price if people wants to hold to get some airdrops.
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mobnepal
Legendary
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Activity: 1218
Merit: 1006
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December 14, 2017, 05:11:50 PM |
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$16k is definitely not the New ATH price and it can't be considered as the peak price if we look at current trend and craze over bitcoin. People are buying bitcoin with high volume like never before and actually even a non-techy guy/investors are putting their money into bitcoin after looking at its market trend and huge surge it have gone through within this year. I don't think its sell time...
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ahmad21
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December 14, 2017, 05:15:50 PM |
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Could you please help me in watching and understanding the chart with your point of view. Because I have seen the same bullish trend of btc since the past year. Every time it touches the all time high someone on the forum comes with this idea that its end of bitcoin cash it out for USD. I would appreciate if you lay down some sources to your saying.
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CrowdFunder
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December 14, 2017, 05:21:15 PM |
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I don't think so. I think it will peak around at least $30k, probably by end of March. It is definitely too early to sell, but I think Ethereum will outperform bitcoin for sure.
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Lykslyks
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December 14, 2017, 05:23:29 PM |
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I don't think that your analysis about bitcoins price for the past months are enough, if it drops so what? It is not stable and i think i will go up again after some time. We'll never know if it will go up more or not, so let's just wait and see. Bitcoin proved it's capability in the market for the past few years and i won't doubt it now, besides from the very start i expected and i know that the price of it is not continuous on going up. So, sell your bitcoins of you want no one's stopping you anyway.
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wielkiemonety
Newbie
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December 14, 2017, 05:25:43 PM |
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Ethereum ma wielkie kroczki do $1,000 ale napewno ma wiecej miesce do manewru niż Bitcoin. Tyle już wzrosło że to niesamowite!
(Bitcoin most likely will still continue to rise for a little, I'd say it's too early to call it yet )
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soham
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December 14, 2017, 05:31:28 PM |
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Is your claim backed up by any technical analysis? Or any other kind of analysis? Why do you think that 16k is the maximum price bitcoin can reach upto? Do you just want to discourage people here? Bitcoin has just started to rise and a lot of potential left in it. It has started being adopted by the big companies. A lot of other adoption news are in queue which will push the price of bitcoin to the next level. The good thing has just started happening. The price of bitcoin is more like a rollercoaster. It will go up, then come down and again go up. This is the nature of bitcoin price movement. If you have studied the pricing chart closely, you might have understood that very well. So keep calm and invest in to bitcoin.
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dewi91
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December 14, 2017, 05:49:11 PM |
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I think $ 16000 not the maximum price eventhough right now price bitcoin not goes up and down significantly, but in this year bitcoin ever reach $ 17000 and I still believe in 2018 the price will be $ 20000 or more..
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dogandogru
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December 14, 2017, 10:16:41 PM Last edit: December 15, 2017, 06:35:24 PM by dogandogru |
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Can't really judge the Bitcoin and crypto market. Seeing the popularity of BTC, $16000 price seems to be the less sometime. Many crypt-enthusiasts and experts believe that BTC will test $20,000 price by the the start of 2018. I never recommend to sell your BTC at this time as people all around the world are getting excited and want to invest in crypto-market.
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dimastegar
Sr. Member
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Small Trader
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December 14, 2017, 10:37:02 PM |
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For this year, I think Bitcoin has climbed to a fairly high level. And we expect Bitcoin to rise again to the next level next year, as well as to accelerate delivery and reduce transaction costs.
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wildwolf2017
Newbie
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December 14, 2017, 11:06:15 PM |
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I just download a bitcoin wallet, but I am wondering how come the app doesn't have login password, once you open the app, it doesn't require input password, what if my cellphone lost, and someone got it, just add their bitcoin wallet, then transfer my bitcoin to their wallet. Anyone can help me answer this question?
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Jonsnowstark
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December 14, 2017, 11:29:23 PM |
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Is there really such thing as a max for bitcoin? I don't think so. Bitcoin will continue to increase. It may have played around the $16,000 mark for a couple of weeks now but it will go beyond that in no time. Many people who heard aboutbthe success of bitcoin will start to invest so the more people who want to have a piece of bitcoin, the more the price will go op. I'm just gonna let my bitcoin sit for a few years and maybe someday i'd be a millionaire, who knows.
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ir.hn
Member
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Consensus is Constitution
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December 15, 2017, 01:34:02 AM |
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Bitcoin has gained on average 1% per day since china shut exchanges september 30th. It will continue to do so untill china dumps.
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Andre_Goldman
Sr. Member
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Merit: 253
Property1of1OU
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December 15, 2017, 01:40:47 AM |
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Patent1number: ****-****
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maydna
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December 15, 2017, 07:42:08 AM |
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for people which want to sell their bitcoin then they can do right now but for the other people that want to hold their bitcoin then they can do this too. I believe that many people have their own reason to sell or to hold as they want their plan works goods for them. we cannot force someone to sell their bitcoin because maybe we are right in future. it is better if we can give some explanation to other people so they can understand what we want to tell them.
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