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Author Topic: Do you think the bitcoin will reduce to what value?  (Read 943 times)
R9s
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July 07, 2018, 09:36:44 AM
 #101

I think 5300$ is the bottom line for Bitcoin. If the price of Bitcoin falls below 5300$, then the miners can't survive! I certainly hope that Bitcoin will rise, but the current market situation is not optimistic!

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July 07, 2018, 01:51:50 PM
 #102

Sure it will. Bitcoin has been growing for 9 years and will continue to grow. Now is a bad time but after a good rise then always a good fall. You can't always grow up.
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July 07, 2018, 02:06:02 PM
 #103

I think now the fall will continue. Maybe again until the autumn-winter, maybe another year or two ... Everything is decided by the news. And investors. We can only wait.
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July 07, 2018, 02:31:16 PM
 #104

At the moment, the market is open for purchases for a bright future, so I think that it's time to invest right now.
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July 07, 2018, 09:14:46 PM
 #105

Last time, bitcoin prices continued to fall, breaking the bottom. It is predicted that if bitcoin breaks at 8k, then it will be possible for the initial value. What causes bitcoin to fall? Do you think the bitcoin will rise again?
I think that it will rise and it will not be bad to make money on it.
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July 08, 2018, 01:39:33 PM
 #106

This is my  predictions price for Bitcoin are not so rosy:

End of 2018: $20,000

End of 2019: $12,000

End of 2020:$2,000

Why? Because Bitcoin has very serious flaws in their technology.
Very slow transactions of hours. This is unusable as a digital currency.
Low scalability of only 7 transactions per second (TPS) and 15 TPS for Ethereum. VISA currently does 10,000 transactions per second on a normal day and can handle 60,000 at peak. This is the minimum number of TPS that a digital currency should be able to handle. Maybe this will be improved with the lightning network, but this isn’t so sure.
Fees, which make it unusable for micro-transactions.
They are very wasteful, because Bitcoin uses as much energy as the country Ireland.
Extremely centralized by 1–2 mining pools being able to launch a double spend attack with a 90%+ change of success. The only factor currently still protecting Bitcoin is a social one. This is zero security in computer security.
In order to attack Bitcoin, it only needs one malicious intern with some skill to take over Bitmain (since Bitmain is already in control of 51% of the hashing power ) for a short amount of time and launch a double spend attack, be through social engineering, blackmail, coercion, hacking. We don't know how many times this has been attempted, probably several times already and it failed due to luck. The only variable protecting Bitcoin right now is a social one. This is zero security in computer security!!
If that happens, this would probably also crash the market if that happens, because people will notice how vulnerable BTC is.... Thank you.
Rustamm
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July 08, 2018, 02:01:20 PM
 #107

In any case, in the near future, bitcoin should increase its value. Now everyone is waiting for the rise of the crypto-currency market and this may already happen any day. He gives hope and bitcoin movements on the last day. Yesterday, its price was about $ 6,650, and now, according to CoinMarketCap, it rose to $ 6,847. However, it is too early to say what price bitcoin will be by the end of the year. Still everything can change again, moreover, several times. We need to see how bitcoin will behave in the next few months.
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July 08, 2018, 02:19:46 PM
 #108

I think bitcoin is down because korean exchange is hit by hack. so all crypto become down its price because get hit by hack.
and bitcoin will soon recover as last year.
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July 08, 2018, 03:15:23 PM
 #109

There are many opinions about the current increase in bitcoin. In my opinion bitcoin will increase but slow and there are still small waves that reduce the recovery of the market
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July 08, 2018, 03:47:46 PM
 #110

Bitcoin movement right now have like settled at the $6500-6700 range, although it's steadily increasing but at a very slow pace and currently having some hinderances. In the long term, we would see a good increase in price but not on a very fast rate.
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July 08, 2018, 03:49:05 PM
 #111

This is my  predictions price for Bitcoin are not so rosy:

End of 2018: $20,000

End of 2019: $12,000

End of 2020:$2,000

Why? Because Bitcoin has very serious flaws in their technology.
Very slow transactions of hours. This is unusable as a digital currency.
Low scalability of only 7 transactions per second (TPS) and 15 TPS for Ethereum. VISA currently does 10,000 transactions per second on a normal day and can handle 60,000 at peak. This is the minimum number of TPS that a digital currency should be able to handle. Maybe this will be improved with the lightning network, but this isn’t so sure.
Fees, which make it unusable for micro-transactions.
They are very wasteful, because Bitcoin uses as much energy as the country Ireland.
Extremely centralized by 1–2 mining pools being able to launch a double spend attack with a 90%+ change of success. The only factor currently still protecting Bitcoin is a social one. This is zero security in computer security.
In order to attack Bitcoin, it only needs one malicious intern with some skill to take over Bitmain (since Bitmain is already in control of 51% of the hashing power ) for a short amount of time and launch a double spend attack, be through social engineering, blackmail, coercion, hacking. We don't know how many times this has been attempted, probably several times already and it failed due to luck. The only variable protecting Bitcoin right now is a social one. This is zero security in computer security!!
If that happens, this would probably also crash the market if that happens, because people will notice how vulnerable BTC is.... Thank you.
Not to be bitter with your analysis but i wont really believe that we would headback again on 2k price point. Yes, bitcoin might have technical flaws and now you are comparing it to VISA. Theres no such thing in the world as of now that do offer total decentralization. Give me a traditional thing that do have this feature? i guess you wont definitely give such even one.
We do see the flaws but the support would really be still there which going into those lower price range is hard to believe even though everything is unpredictable but on the level of support we wont headed back on that way.

R


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mabyyy
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July 08, 2018, 04:21:56 PM
 #112

It is no secret that the market is manipulated by whales who once again want to create panic in the market. Some experts predict a drop in bitcoin below $ 5,000 after which there will be a panic and if there is no panic after $ 5,000 then it is likely that the whales will drop to $ 4,000 and then there will be a panic and this is very prloho
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July 08, 2018, 04:26:45 PM
 #113

Now no one can say for sure what the sharp drop in bitcoin was due to, but most likely this is due to the robbery of large stock exchanges. Bitcoin will grow, because the value of its technology is constantly growing.
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July 08, 2018, 04:27:56 PM
 #114

Last time, bitcoin prices continued to fall, breaking the bottom. It is predicted that if bitcoin breaks at 8k, then it will be possible for the initial value. What causes bitcoin to fall? Do you think the bitcoin will rise again?

Goldman Sachs predicts the drop of bitcoin to $ 4700. Perhaps before we see growth, we will once again sink below $ 5000


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July 08, 2018, 04:37:15 PM
 #115

one of the factors that caused bitcoin prices to continue to fall in 2018 as the Chinese government and the South Korean government still banned all bitcoin trading activity and other currencies for fear of crimes could happen, such as financing terrorism. but even then bitcoin prices can still go up quickly.
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July 09, 2018, 12:25:24 AM
 #116

Last time, bitcoin prices continued to fall, breaking the bottom. It is predicted that if bitcoin breaks at 8k, then it will be possible for the initial value. What causes bitcoin to fall? Do you think the bitcoin will rise again?

Goldman Sachs predicts the drop of bitcoin to $ 4700. Perhaps before we see growth, we will once again sink below $ 5000


it's better to wait and see and meanwhile, if we can take a profit from the situations then we should take it before it's gone. but I don't want to see bitcoin price to drop below $4700 because this will makes many people sell instant their bitcoin and they want to wait for another drop of the price. I will be glad if the price can breaks at $8k first and then it will makes a correction but not too deep and then the price will increase higher again.



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July 09, 2018, 12:32:40 AM
 #117

Bitcoin has been falling in recent months.none of us knows to what extent it can fall?Now we can only hope that the market will recover.

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July 09, 2018, 12:36:33 AM
 #118

of course bitcoin will rise again, but not now, maybe end of the year but will not happen again like in 2017 where bitcoin to the moon
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July 09, 2018, 01:07:43 AM
 #119

Last time, bitcoin prices continued to fall, breaking the bottom. It is predicted that if bitcoin breaks at 8k, then it will be possible for the initial value. What causes bitcoin to fall? Do you think the bitcoin will rise again?
If we look and notice from the previous Bitcoin chart then we will see if the price of Bitcoin at the beginning of the beginning of the year its average value decreases. I am optimistic if Bitcoin prices will increase again by the end of this year.
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July 09, 2018, 01:14:22 AM
 #120

   At this moment bitcoin are still at a lower value but i believe it will rise and increase more before end of this year 2018. I think there is nothing to worried about,the market fluctuation is just a normal scenario in the field of cryptocurrency.
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