Bitcoin is stuck at $10k dollars, what is wrong with you people?

[LFC_Bitcoin]

$10,000 is cheap coins as far as I’m concerned. Seriously if you think for a minute, who the hell doesn’t think we’ll see $50,000 at least per coin after the halving in 2020.

All it takes is a bit of investment now & a bit of patience to see almost 100% guaranteed setious profit in a few years.
If you don’t believe bitcoin will still be here & worth more in a few years then you might as well dumo your account & never return.

No point wasting your life on a forum if you won’t gain anything from it.

[Eugenar]

December was very good but in January you lost your faith.
Give us some faith or it won't reach $20k.
Keep it going up people.  Show some confidence.

This is just part of its volatility in the market. The only thing that we can do is to hold and patiently wait for its value to again increase. This is a phenomena that we can't do nothing about. We can't blame those who are now worried because they are losing money at this moment and as an investor they will just do something to ensure that they won't lose that much which is to sell. Hopefully, things will be better for Bitcoin.

[arbitrage001]

Weak hands need to be shaken out before we make new high.

[oegarod]

Nothing wrong with people. Human minds were with fear, very few go forward with the mentality to risk. With the current price fall anyone will surely get into the dear, because the growth has been taking place in a sustained manner. Suddenly due to restrictions from government such a massive drop truly has impact on growth.

[lady Royal]

I don’t know why you are overreacting that much. I am still happy with the current proce of bitcoins. 10k$ is a really high amount we shoukd be happy with it instead of cuesing people for it and we all kmow that no one can be blamed for the price of bitcoins.

[richardsNY]

December was very good but in January you lost your faith.
Give us some faith or it won't reach $20k.
Keep it going up people.  Show some confidence.

Go sleep you mood jumper. People were complaining about the price to be stuck at $14-$15k, and now the price is hovering between $10-$11k.... People should really stop bitching about the price to be stuck while this market can't justify to go up further than current levels. Faith means nothing in this market, cold hard money does. If you want people to show confidence, then start with it yourself and increase your position at current levels. It's funny how it's always those rookies complaining about the market being stuck or boring, while they keep missing out on perfect buying opportunities -- less talking and more action would be nice!

[Washball]

The price is moving up and down around 11K is the result of coinciding bad news and rumours about some governments banning cryptocurrencies and some others planning regulations, together with the high fees and long waiting times issues. Once this is solved with the implementation of the Lighting Network and people get over the FUD, bitcoin will increase again.

[dothebeats]

That's not how it works, apparently. It's not a matter of faith if you'd ask me, but rather business and what's better to do with the money generated in a year of successful trading. There are no known cause as to why this is happening, but then again, we're still in January and yet everyone is already complaining. You're a bad businessman if you made lots of money in an uncertain investment and stick all of your profits in it due to greed.

[magneto]

December was very good but in January you lost your faith.
Give us some faith or it won't reach $20k.
Keep it going up people.  Show some confidence.

It's not up to us to decide what happens. I have confidence in bitcoin rising up from this correction but some whales obviously don't think the same and is shorting bitcoin or selling their stash right now, keeping the price down.

Bitcoin isn't 'stuck'. It's just that the few attempts that we've had of breaking out of $11k has been met by corrections. It seems like some actors has an interest of keeping the price down under $12k, and once we break that $12k number for good, we shall be on our way to $15k or even more in no time.

As I said, letting us know has no effect on the price. We're mainly just average joes holding our bitcoins through this. But I have no doubt that bitcoin will overcome this dump, it's just a matter of time right now.

[BTCforJoe]

You’re blaming the wrong people, OP. Chances are that if you’re on this forum, you’re genuinely interested in Bitcoin (sans the percentage of users that are here solely to make money from bounties...).

If you look at the last three years, you’ll see a common trend in mid January where the price dips. I personally think that this is due to everyone panic-selling after the holidays, coupled with the news from Asia. I’m actually glad that this shakeout happened. Just the fact that the price is still holding above 10k is great news for me. Much higher than what the prices were last year!

Don’t blame us people though. We’re generally owners of Bitcoin for the right reasons. Just sayin’

[TERA2]

The Q1 reversal is very common due to tax selling and we have no choice on the matter.

[8Habits]

I think this is quite a normal feeling with people who are new to bitcoin because they came at the all-time high price of bitcoin and now are worried because the price is going down.

But I just would like to point out that bitcoin has gone through much rough and winding road in the previous years compared to now and the true believer of bitcoins know this and resilient enough to continue to hold because even at current price, their bitcoin value is still high compared to last year and the previous years.

My point is if you are new to bitcoin, just don't be too emotional and get affected by the negative news against bitcoin - just believe and all will be well for sure in the coming years ahead

[btcrut2017]

December was very good but in January you lost your faith.
Give us some faith or it won't reach $20k.
Keep it going up people.  Show some confidence.

This month, Bitcoin just suffered a dip because of some factors. Some government threatens to ban cryptocurrency exchanges in their country. There is also hacking on certain wallets. These scenarios are just enough to create fear to some bitcoin holder that they sold their stock resulting on the influx of supply in the market. But now things are getting stable.

[arpon11]

December was very good but in January you lost your faith.
Give us some faith or it won't reach $20k.
Keep it going up people.  Show some confidence.

The bitcoin's pricing has started appreciating and we should used this time to gather a good momentum for future price development. I think we are at time that is called price corrections and since we are in that time we should be looking at the bottom and if the bottom is form using one of the indicator to understand then we would then enter into the market.

[Gargo]

After all, the price will not grow at a rapid pace. After reaching 20k $ there was a correction which is still in progress. A lot of people have lost it and now they are waiting what will happen. I think you will have to wait for the price increase to $ 20k few months.

[Caladonian]

Don't blame those people who already cash out their earnings as they also wait for that moment to sell out, we do have all our chances and with how the fluctuations works with this investment people who knows how to wait will earn a lot, don't worry about the current value as we will expect that it will grow again, earners are just enjoying their money and relaxing for a while waiting for another opportunity and grab those dumped coins coming out from the weak hands, better to understand the drill patience is the key factor that we always should have inside this business.

[ktabb]

December was very good but in January you lost your faith.
Give us some faith or it won't reach $20k.
Keep it going up people.  Show some confidence.

LOL the title of this thread literally made me laugh out loud. Are you like personally angry at the people on this forum, as if they are responsible for managing the price of bitcoin or something?

[taxmanmt5]

December was very good but in January you lost your faith.
Give us some faith or it won't reach $20k.
Keep it going up people.  Show some confidence.

No, in December bitcoin started to dump and now in this time bitcoin is still better because day by day bitcoin price increase, but little bit. I think bitcoin take time and then the day will come when we will see bitcoin price come at $20000. In starting of 2017 bitcoin has no high price, in mid of 2017 bitcoin give us surprise by increased, then we should wait for mid of 2018.     

[gabmen]

December was very good but in January you lost your faith.
Give us some faith or it won't reach $20k.
Keep it going up people.  Show some confidence.

No, in December bitcoin started to dump and now in this time bitcoin is still better because day by day bitcoin price increase, but little bit. I think bitcoin take time and then the day will come when we will see bitcoin price come at $20000. In starting of 2017 bitcoin has no high price, in mid of 2017 bitcoin give us surprise by increased, then we should wait for mid of 2018.     

People didn't lose faith. It's just that too many bandwagoners joined in last december without really having any idea about what bitcoin and crypto is. And we're still seeing the market dusting off those people right now. And is 10k even a bad thing at this point? Better check your facts again dude :p

[dewi91]

Because bitcoin reaches $20k last year, they think that it's price will always be like that. They should know that bitcoin doesn't stay at its high price if that's what they wanted. They should be aware that BTCs price is unstable and yes it may be $10k for now, but compare to other investment out there, I think it can still make good profit. And also we know that bitcoin will always recover, we just have to wait and be patient.

absolutely right, because bitcoin ever reach 20K so the people always thinking bitcoin at least can back to reach 20k and also the people have a big expectation if bitcoin will reach more than 20k. everyone want to get a lot of profit, it is a common thing but the market of bitcoin is always unpredictable.