Help Bitcoin Bubble Burst Again to $6000!

[uartasic]

When I first got to know the bitcoin its price was around $3200 but I did not invest at first because I was sceptic about this. Slowly It's price and the value among the people increased then I bought some bitcoin at the price of $6324. After few days its price was drastically decreased because of the J.P. Morgan case. I was thinking one person's statement can make a huge business then what can we do to make some money out of bitcoin by bursting it price to much lower than now but



can we do that?

It appears you are implying a pump and dump back to 6k?

This king of coins is not a good candidate for such a thing. Pretty pathetic suggestion really.

You made a decision to buy in at the price you did, so live with your decision and dont expect everyone else to dump because you bought in too high.

You want to make money then diversify your portfolio so hopefully any dips in one coin is balanced by small gains in others.

I couldn't care if it went back to the hundreds, i bought in / mined at $330USD and i HODL as well as spend mine on coffee and lunch everyday because i truly believe in this coin.

The faithful and true believers / early adopters have been rewarded, the FOMO crew and greedy can just sit and hang in there like we all did and wait for their profits.

[kier010]

in this time bitcoin is unstoppable so only those rich influential people can affect bitcoin with their speech but most of them support bitcoin.

[mathiaslivis]

What I want to tell you is, J.P. Morgan is buying bitcoin, too. This shows that the investment is worth doing, and you know that Morgan has always been a valuable investment for so many years. As long as we buy a good hold, the price will get higher and higher, at least in the last few years you will be profitable.

[fitzzz]

it will not happen to go down in 6k usd again cause the growth of people interested in bitcoin are higher than before

[fulmetal08larz]

There is a recent statement by Jordan Belfort AKA Wolf Of Wall Street, he is spreading FUD and we won't know if he's just waiting for the bitcoin's price to fall down too and buy so much bitcoin at a lower price just like what Chase did. He's a known manipulator in trading world and will always grab the opportunity to buy at a discounted price because that is his strategy. What you have to realize is that; if you invest today, make it as your own starting point/$0, then have your own goal and know when to take profit. Greed is good but not too much.

[pushkarmore]

I don't know why are you wishing to go at $6000 levels, which I don't think it is possible to do now, as the demand of the bitcoin and other cryptocurrency are rising higher and higher day by day. Only major events like any shortage of supply or huge ransomware virus attack all over the world or ban of Bitcoin in major countries like the USA, UK or Australia can make the $6000 price level visible on bitcoin price chart.

[Slow death]

...

your post made me laugh a lot... there are many people who bought bitcoin when the price was $500, as many people bought when the price was  $1000. other people bought when the price was  $2000, other people bought when the price is $17000, even I bought now at the price of $17000... Why did I do that? because bitcoin has a lot of potential, because there is a lot of good news coming up and because there is no way to know when low is low and when high is high.

ban of Bitcoin in major countries like the USA, UK or Australia can make the $6000 price level visible on bitcoin price chart.

If the US decide to ban bitcoin and make campaign against bitcoin, that could lower the price, but countries like australia and UK, would not have a very big effect on the price

[frowsiter]

Everyone knows very well that when the bitcoin goes down to earth its the time when we buy most of the bitcoin and then hope that it will burst to new high rates. Now you see here, bitcoin can go down to the 6000 USD but no today or tomorrow unless and until half of the investors take out their investors in one shot. The reason is simple, we have already reached the prices of more than 18K and the market cap is more than 300 B now which means the hard cap is not possible to break at this point.  Its obvious thing really, the buy low and sell high strategy always works and it will take very less time for people to get into bitcoin if that really happen. There are already many people who are in line to see the miracle of bitcoin falling back to lower rates like you depicting and then go back to war it is today. But thats really impossible to happen now.