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jerjer
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January 26, 2018, 04:17:06 PM
Merited by CryptoBry (1)
 #1

With the way things are going right now, Bitcoin is fighting to be stable at least in the vicinity of the
$10K level support and though we are wishing for it to make some surges the way it did in the last
quarter of 2017, that may not be happening soon (am willing to be surprised though).

This can be the scenario leading others to conclude that we are
about to experience a longer than expected bearish market or worst a Bitcoin winter season this early part of the year.

Are you still optimistic that within this quarter Bitcoin will surprise us with an unexpected rise or will it
retreat further?

There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
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January 26, 2018, 04:23:47 PM
Merited by LFC_Bitcoin (1), Kim Ji Won (1)
 #2

Not expecting any movements from either ways, but am still seeing a possible decline towards $8000 if the resistance @ $10000 proved to be too weak to hold. Also, there aren't much news circulating around to make the traders hyped and go nuts, so probably this kind of stagnation will last for months if momentum hasn't shifted back for the bulls. Somehow it feels 2014-ish since there aren't any major declines or rises, and I'm good with that.

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Kim Ji Won
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January 26, 2018, 04:35:09 PM
 #3

Not expecting any movements from either ways, but am still seeing a possible decline towards $8000 if the resistance @ $10000 proved to be too weak to hold. Also, there aren't much news circulating around to make the traders hyped and go nuts, so probably this kind of stagnation will last for months if momentum hasn't shifted back for the bulls. Somehow it feels 2014-ish since there aren't any major declines or rises, and I'm good with that.
Actually, we could expect a surge anytime soon because of South Korea approving exchanges and the use/trade of cryptocurrencies in their country. Since their move to ban exchanges resulted in a dip in Bitcoin's price because they hold up 20% of all the trade transaction in the whole world. But after some time, they finally approved it although there are some regulations that have been made if traders or investors really want to continue their crypto transactions like they have to register their real-name bank account.
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January 26, 2018, 04:38:14 PM
 #4

Not expecting any movements from either ways, but am still seeing a possible decline towards $8000 if the resistance @ $10000 proved to be too weak to hold. Also, there aren't much news circulating around to make the traders hyped and go nuts, so probably this kind of stagnation will last for months if momentum hasn't shifted back for the bulls. Somehow it feels 2014-ish since there aren't any major declines or rises, and I'm good with that.

You are right. Hopefully it will decline back to 8000$, coz this might be the safest numbers to hold. I think one of the reasons why bitcoin is bearish now, because of the banks in india cracking down on accounts connected to crypto exchanges. But I am not sure, just my opinion though.

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January 26, 2018, 05:12:57 PM
 #5

Today one should also take into account the current bad condition of bitcoin, which is associated with its hanging transactions and high commission fees. Because of this, many investors bypass bitcoin and invest in various altcoyins, which, given their small value in the total yield a good profit. If bitcoin in the near future does not eliminate its shortcomings, then its popularity can fall significantly, which will also significantly affect if not on the fall of its rate, then at the braking of its price growth.

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January 26, 2018, 05:38:10 PM
 #6

I am optimistic of Bitcoin in 2018. The lighting network is going to solve fees and processing time problem. With low fees and fast transaction time, Bitcoin is going to be easily adopted in real life, one example is stores.

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January 26, 2018, 05:42:02 PM
 #7

I believe bitcoin will climbbut it will be at a much slower rate than last year and a few months before the rise starts.
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January 26, 2018, 05:55:36 PM
 #8


there is not much I can do but remain confident and optimistic. however, bitcoin remains a benchmark in the reference value of all altcoins. this makes me still believe in bitcoin, although at this time bitcoin is very unstable like altcoin other. there are other factors why I still believe in and keep bitcoin to this day.

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January 26, 2018, 07:18:57 PM
 #9

As of last year, bitcoin price developments has always been surprising with unexpected prices in the final quarter of 2017. And in this quarter, I`m very optimistic with the development of bitcoin prices, 'that he will recover'. But this time the recovery process will run very slowly like a snail given the hard collision that occurred a few days ago by south korea and india.
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January 27, 2018, 02:53:18 AM
 #10

Not expecting any movements from either ways, but am still seeing a possible decline towards $8000 if the resistance @ $10000 proved to be too weak to hold. Also, there aren't much news circulating around to make the traders hyped and go nuts, so probably this kind of stagnation will last for months if momentum hasn't shifted back for the bulls. Somehow it feels 2014-ish since there aren't any major declines or rises, and I'm good with that.
Actually, we could expect a surge anytime soon because of South Korea approving exchanges and the use/trade of cryptocurrencies in their country. Since their move to ban exchanges resulted in a dip in Bitcoin's price because they hold up 20% of all the trade transaction in the whole world. But after some time, they finally approved it although there are some regulations that have been made if traders or investors really want to continue their crypto transactions like they have to register their real-name bank account.

Though South Korea will soon be charging hefty taxes on cryptocurrency transactions, we are still hoping that this can instead mean more participation in the market due to transactions now being considered as legal and can be done openly. Things are heating up in the SoKor market and I am sure that this can just be the start. All around Asia, there is a brewing interest with Bitcoin and cryptocurrency in general (except in China, of course).
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January 27, 2018, 03:00:40 AM
 #11

With the way things are going right now, Bitcoin is fighting to be stable at least in the vicinity of the
$10K level support and though we are wishing for it to make some surges the way it did in the last
quarter of 2017, that may not be happening soon (am willing to be surprised though).

This can be the scenario leading others to conclude that we are
about to experience a longer than expected bearish market or worst a Bitcoin winter season this early part of the year.

Are you still optimistic that within this quarter Bitcoin will surprise us with an unexpected rise or will it
retreat further?
Nothing is predictable when it comes to the cryotocurrency prices.But I have hope that bitcoin price will start tor rise adter the first quarter of 2018 and the chances are there to hit 20K in this year itself.But the current situation is making me worse bitcoin is hanging at $11K and the only this happening is bitcoin transaction fee got lesser and sometimes the fee is under a dollar and the transaction gets confirmed under an hour.
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January 27, 2018, 03:03:42 AM
 #12

Bitcoin will rise slowly as the United States and South Korea are already preparing to tax bitcoin and the Bitcoin market will fluctuate for a short period of time, leading to a period of decline, but after that time, bitcoin will rise again , And with Bitcoin, more and more people are aware that as more capital is added to bitcoin and other cryptocurrencies, the entire cryptocurrency is on the rise.
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January 27, 2018, 07:01:37 AM
 #13

I don't think any pumps may happen within the first and the second quarter of the year. We will be seeing lots of quite unstable prices though it may not be a deep dip like the one we previously saw.  When we should be expecting a rise this year is between the third quarter and towards the ending of the year 2018. That will be a time where there will be lots of panics and the fears of missing out. Because now, many buyers are just relaxing after the rush of last year.

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January 27, 2018, 07:04:16 AM
 #14

I have the same insights with the majority so far.. For me, as long as Bitcoin does not have any good news to deliver, I think its price will remain floating above $10k for a long time (prob 3-6months)...I am still hoping for some good news though..
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January 30, 2018, 03:57:56 PM
Last edit: January 30, 2018, 06:29:51 PM by jerjer
 #15

Thank you every one for your opinion. I really enjoyed reading all of them. I just learned new things by simply reading your opinions. God bless!

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January 30, 2018, 04:24:04 PM
 #16

Not expecting any movements from either ways, but am still seeing a possible decline towards $8000 if the resistance @ $10000 proved to be too weak to hold. Also, there aren't much news circulating around to make the traders hyped and go nuts, so probably this kind of stagnation will last for months if momentum hasn't shifted back for the bulls. Somehow it feels 2014-ish since there aren't any major declines or rises, and I'm good with that.

Stability is a good thing for those of us who are serious about bitcoin & in this game for the long hail. Meteoric rises are always followed by inevitable rapid dumps. I prefer to enter a period of sideways action now & rise when there seems a real reason for it.

I can see $20,00 per coin by the end of the year but don’t expect a big price rise this quarter.

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January 30, 2018, 04:59:27 PM
 #17

I think the price will go down to 9000$ but no lower than that. I also think bitcoin will be at least 20k$ at the end of year and will be 100k$ in 2020.

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January 30, 2018, 05:42:49 PM
 #18

I suppose for this month and next month bitcoin will remain stable and there is no setback and and significant spikes.
maybe hope for a price spike will be present at the end of February.
but for now we can do short-term trading to earn profits in every day

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January 30, 2018, 05:44:47 PM
 #19

With the way things are going right now, Bitcoin is fighting to be stable at least in the vicinity of the
$10K level support and though we are wishing for it to make some surges the way it did in the last
quarter of 2017, that may not be happening soon (am willing to be surprised though).

This can be the scenario leading others to conclude that we are
about to experience a longer than expected bearish market or worst a Bitcoin winter season this early part of the year.

Are you still optimistic that within this quarter Bitcoin will surprise us with an unexpected rise or will it
retreat further?

I'm still optimistic that February will bring us a positive sentiments and move bitcoin price above $12K. Right now we are just above $10K mark and its frustrating to see that we have started at the wrong foot this year.

But I know, that this will be a great buying opportunity, those who have been in line and wants to enter can bought it at this price, and maybe pushing it a bit to $11K. And when February comes in, I hope to see the price test $12K and see it its going to hold. Confident that this crypto winter will be over next month.

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January 30, 2018, 06:32:59 PM
 #20

i have a feeling that this current wave of FUD is going to be the last one. call it a hunch but i think this is the last time we are hearing all this dramatic things about bitcoin such as bans, subpoenas,... and they are starting to get old.

i am just sitting here watching the price go above and under $10k for no reason! just because someone suddenly remember to spread a week old FUD today Shocked

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