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Author Topic: I'm officially sick of the bitcoin price right now...  (Read 3157 times)
doctorbilly64
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January 16, 2018, 02:21:59 AM
 #21

Crypto is gambling... looks like we run out of people who love risk . It's over...
If Bitcoin falls low or stays unchanged for a period of time that does not mean it will end or fall, 2017 may also be referred to as the Bitcoin development year, which falls only in the late months and in 2018. It will be as high as 40-100 dollars
burner2014
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January 16, 2018, 02:27:21 AM
 #22

yes, bitcoin is still having a very bad day until today. this is a big slap for us, that bitcoin has its weakness. but I'm sure slowly bitcoin will move up this year, likely to be above $ 30000.
Don't pissed off with what we have right now, we are still thankful because bitcoin is not lowering to $10k, and won't ever lower to that since the demand is continuously rising, and the demand is not decreasing it is just that some people are doing buy and sell so the price is really unpredictable now.
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January 16, 2018, 02:28:14 AM
 #23

Why BTC? There's A LOT of great crypto that can rise and rising right now. No need to hold BTC to get your x10
cipher-x_09
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January 16, 2018, 03:56:54 AM
 #24

Guess if you really can't wait for the bitcoin price to rise high again then you shouldn't be here because you are like who want to be rich again as soon as possible. Judging from the way you are speaking you are the type of person who want's to be as riched as possible at an early period of time. Come on man time is money if you want to earn you'll need to have patience.

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johnlhy251
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January 16, 2018, 04:21:00 AM
 #25

Mee too, The price is falling down Sad
DustyRah
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January 16, 2018, 04:27:24 AM
 #26

.. so I've been watching and reading about btc technical analysis almost daily now, and I'm kind of sick of being in this current triangle.  I've only been in btc since September so I really don't have that much history, but for those who have been in btc much longer - how much longer do you think it will take before btc goes back on the upward trend again?  It just seems like a really long sideways movement.

On Dec 17th, it reached its high of $20k, and it has taken almost a month and we're still below those numbers.  What is your estimate for when we can be above $20k again and onward to what people predict for this year ($50k-$100k)?  Another month?  March?

I know nobody knows for sure, but just looking to hear about what people's gut feel is (and only from those who have btc experience over a year please).

Thanks.

Take a look at the transactions backlog before Dec 10th and since then and you will understand where we are right now. There is just a massive number of transactions resulting in slow transaction speed and expensive fees. This is a big problem right now which forces people to get into alt coin. As the transactions reduce and especially if lightning network comes close to being deployed, we can expect the price to rise quickly.
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January 16, 2018, 04:30:28 AM
 #27

Started mining in 2013 (wife thought I was crazy) and when I started buying it was in the ~$600 range. So unless we drop to low 4 digits, I'm happy.

Just go with it and snap up cheap coins when possible.
alisafidel58
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January 16, 2018, 05:12:04 AM
 #28

how much longer do you think it will take before btc goes back on the upward trend again?

I dont care how long as long as the network becomes stable, dont you think its a good time to buy since the price it much lower than the previous days, or maybe you have taken a loss from the market, is that reason why so you mad?

If you are officially sick about the price then move along and forget bitcoin or maybe you can try some alts so that you wont overthink yourself about bitcoin (its good to have some diversion sometimes).

On Dec 17th, it reached its high of $20k, and it has taken almost a month and we're still below those numbers.  What is your estimate for when we can be above $20k again and onward to what people predict for this year ($50k-$100k)?  Another month?  March?

Well my estimate it would be back to $20k at 2020, the irony right, lets not rush things over the price of bitcoin, its good that it has a large value but it also have a side effect in its price, whats important is that it should become stable first this 2018 so that we can do micro payments again.

I know nobody knows for sure, but just looking to hear about what people's gut feel is (and only from those who have btc experience over a year please).

My point of view is that people who get angry because from $20k it when down almost $10k and currently its $12,9-- been moving up and down.
Patience is all you need, long time traders of bitcoin doesnt care is the price went down because they knew that its buying time and there will be a day that they can profit on the lower price because bitcoin is so volatile.
Sir Cross
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January 16, 2018, 05:17:16 AM
 #29

The past few days, I've also felt devastated of the price of bitcoin. I've been used to the bullish trend of 2017 which made me expect the price to come up the past few days. Since I've been fairly new in bitcoin as well, I can't say that I've had much experience, but even for those seasoned veterans who have had plenty of experience cannot exactly predict the price trend of bitcoin. Even those came late in bitcoin may be able to speculate if they get to research and study well.

jseverson
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January 16, 2018, 06:01:44 AM
 #30

You can't realistically expect Bitcoin to keep growing indefinitely. The growth since September was astronomical -- should-have-taken-some-months astronomical, so you can think of the current market as having sudden spike while remaining relatively smooth the rest of the way as opposed to months of gradual rises.

Either way, I personally don't expect any significant upward movements until the Lightning Network is officially for adoption. I don't think there's much good news to be had at this point, with the massive fees and such, while plenty could happen on the other end. The next couple of months could be rough.

jbkg111816
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January 16, 2018, 06:12:02 AM
 #31

Then you stop investing on bitcoin if all you want for the price is to be stable because your way is never going to happen because we are in a buy and sell industry.

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January 16, 2018, 07:07:48 AM
 #32

There is nothing to be sick here but of course if you entered Bitcoin at its highest 20K then it might be a different story. We have been expecting Bitcoin to continue doing the bull run and we forget the reality -- the reality is that it can not be continually growing at all time. There would always be a bear market and we are experiencing it now...but am sure that after the bear the bull will be coming and it is just a matter of when. As they say, winners never quit and quitters never win...the same thing can be said with our Bitcoin adventure.
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January 16, 2018, 07:20:37 AM
 #33

I started buying at around $800 on the way to $200 and it's still the best investment I've ever made.  Hold and chill until it's worth more.  This could be 2018 or 2020's or never.  If you are itching to get rich tomorrow start studying alt coins or some other way to cash in.  

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January 16, 2018, 07:28:19 AM
 #34

.. so I've been watching and reading about btc technical analysis almost daily now, and I'm kind of sick of being in this current triangle.  I've only been in btc since September so I really don't have that much history, but for those who have been in btc much longer - how much longer do you think it will take before btc goes back on the upward trend again?  It just seems like a really long sideways movement.

On Dec 17th, it reached its high of $20k, and it has taken almost a month and we're still below those numbers.  What is your estimate for when we can be above $20k again and onward to what people predict for this year ($50k-$100k)?  Another month?  March?

I know nobody knows for sure, but just looking to hear about what people's gut feel is (and only from those who have btc experience over a year please).

Thanks.

You are sick because of the current price/trend?

What you don’t understand is that bitcoin investment has been too good. Before cryptos appeared, no asset was giving such insane returns, and if something similar appeared, it was likely to be a fraud or Ponzi scheme.

I’m quite cool with the price right now.

janah
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January 16, 2018, 10:23:22 AM
 #35

.. so I've been watching and reading about btc technical analysis almost daily now, and I'm kind of sick of being in this current triangle.  I've only been in btc since September so I really don't have that much history, but for those who have been in btc much longer - how much longer do you think it will take before btc goes back on the upward trend again?  It just seems like a really long sideways movement.

On Dec 17th, it reached its high of $20k, and it has taken almost a month and we're still below those numbers.  What is your estimate for when we can be above $20k again and onward to what people predict for this year ($50k-$100k)?  Another month?  March?

I know nobody knows for sure, but just looking to hear about what people's gut feel is (and only from those who have btc experience over a year please).

Thanks.
Thats why dont gamble your all money in bitcoin only because you cannot predict what happens in next day,next month, or next year seeing the price of bitcoin right now is so complicated because too much people also loss profit or loss there money but who knows if one day bitcoin will rise again and continue to increase price so just believe that bitcoin will do it after struggle like the situation in life sometimes you go down sometimes you go up. Patience to bitcoin because patience is a virtue.
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January 16, 2018, 10:25:24 AM
 #36

To be honest, this sideways trend could be because there is not much good news about Bitcoin at this time. Once updates about the lightning network are broadcasted, I think it will give a positive market sentiment that's strong enough to move prices up.
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January 16, 2018, 10:42:29 AM
 #37

Its suck to see the bitcoin price can't go up, but all of us must accept it, last time the rising is too fast so bitcoin will have major corrections and there are numerous investors play in alt coin, because alt coin is very profitable at the moment and the news make the bitcoin situation become worse, need to relax and be patience, once btc breakout we will see another ATH
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January 16, 2018, 10:47:16 AM
 #38

Its suck to see the bitcoin price can't go up, but all of us must accept it, last time the rising is too fast so bitcoin will have major corrections and there are numerous investors play in alt coin, because alt coin is very profitable at the moment and the news make the bitcoin situation become worse, need to relax and be patience, once btc breakout we will see another ATH

also china and korea stopping the exchanges doesnt help at all with the whole situation
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January 16, 2018, 11:27:35 AM
 #39

And I'm officially sick of newcomers who have been using Bitcoin for couple of months and got very angry and disappointed when they didn't make thousands of dollars and became rich over night.
Get a life somwhere else, this is not for you.

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January 16, 2018, 11:29:48 AM
 #40

Y'all must have bought in high, well at least its still double digits  Grin Grin Grin Grin
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