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Author Topic: My opinion on bitcoin, what's yours?  (Read 461 times)
jak3
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February 12, 2018, 05:35:36 PM
 #21

I think Bitcoin involved a lot of risks but as we know we have to take a risk in our to make money on the internet. I completely agree with op but I think saving Bitcoin is not the only key we have to follow, in order to make it more affordable and useful in the next generation we should start accepting Bitcoin even at the service sectors‌‌. Just like many shops and online websites accept Bitcoin as payment service sectors and governments should start accepting Bitcoin too. Schools and colleges should teach about Bitcoin so our kids can learn more about this new currency and learn about the country even better than us.
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February 12, 2018, 05:36:09 PM
 #22

Bitcoin will surely rise again the days of panicky dumping  due to negatives signals from the asian countries is over and I belief the price of bitcoin has attained a steady stability state these days and gradually it will rise again but not as exponential rise witnessed in 2017.
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February 12, 2018, 05:42:47 PM
 #23

You say right. But it is not proper for all. Because no one want to profit by holding long term. Every one want short time  huge profit. When bitcoin rate up growing is not saying at this moment. It is depend on global economic.
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February 12, 2018, 05:45:53 PM
 #24

Bitcoin reach almost 20k last year and gone down to 6k this beginning of 2018. People are panicking because of some countries are banning bitcoin and so called experts causing a fuzz that bitcoin will not survive this. But guess what, every year bitcoin falls hard and shoots like a moon. I think we are lucky for this year because bitcoin started small and I believe it will pump hard at the end of the year.
Definitely it will be bounce back agian but it need some time to make that possible.do not get upset  due to its current price i think it's good opportunity to invest in it to get more benefits in future. If you saw the history of btc then you find that whenever it falls it come back more strongly. I think this year also good for btc holder. Just have some patience and don't sell it just hodl it. After the recovering of bitcoin you got more healthy returns.

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February 12, 2018, 05:46:14 PM
 #25

I have the same opinion too. We are lucky that Bitcoin start small beginning of this year to allow us to buy more bitcoin before the run to end of 2018.

We should feel lucky that it is available at lower price so that we can become a millionaire in this year itself while buying now and holding till year end. We have seen 2017 and 2018 could be a same or better year like last year and will help us to grow our money.

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February 12, 2018, 05:48:30 PM
 #26

I agreed with your point of view. I personally think that Bitcoin price will be worth a few times than today price by end of this year.
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February 12, 2018, 05:55:28 PM
 #27

Bitcoin reach almost 20k last year and gone down to 6k this beginning of 2018.
Wow, last year and in beginning of 2018.
You sound like that happened in 1 whole year. Bitcoin was $20K (Dec 17. 2017) and it crashed to $6K(Feb 6. 2018) in only 1 and a half month.
People are panicking because of some countries are banning bitcoin
Please stop spreading false information! No one is banning bitcoin.
But guess what, every year bitcoin falls hard and shoots like a moon.
That is correct, but do you know real reason why or you just posted this because someone else posted this too?
I think we are lucky for this year because bitcoin started small and I believe it will pump hard at the end of the year.
We would be luckier if bitcoin started big. I don't see how crash can be good, especially for people who invested in bitcoin in late December or in early January.

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February 12, 2018, 05:58:35 PM
 #28

i think its going down now but its very volatile.
if it can go down, it can definitely come up too.
so I'm definitely not loosing hope on bitcoin.
Bitcoin value is getting dropped but I'm optimistic person that bitcoin rise again and give hope to people. Bitcoin value soon it will be rise again to help the people in there financial problem.
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February 12, 2018, 05:58:57 PM
 #29

Bitcoin reach almost 20k last year and gone down to 6k this beginning of 2018. People are panicking because of some countries are banning bitcoin and so called experts causing a fuzz that bitcoin will not survive this. But guess what, every year bitcoin falls hard and shoots like a moon. I think we are lucky for this year because bitcoin started small and I believe it will pump hard at the end of the year.

Yeah, I think we will see 20-30k $ per 1 BTC this year. So it will be good idea to buy some BTC for long term holding and sell it in 1-2 years

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February 12, 2018, 06:01:29 PM
 #30

Bitcoin reaches almost 20k last year and gone down to 6k this beginning of 2018. People are panicking because of some countries are banning bitcoin and so-called experts causing a fuzz that bitcoin will not survive this. But guess what, every year bitcoin falls hard and shoots like a moon. I think we are lucky for this year because bitcoin started small and I believe it will pump hard at the end of the year.
Up and downs in the price of bitcoin is common in crypto. In my opinion, there is a little bit more to fall down the bitcoin price. After that, I'm sure bitcoin will raise over the sky like a shining sun.
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February 12, 2018, 06:39:47 PM
 #31

Correct. That is the true reason behind why a lot of old ones are holding.
It will always reach a peak where it will shock the community and even Wall Street.  Grin
We dont know when it happens. It does fall also which is unpredictable.
Perhaps whales really done it but all of us down here dont know that.

That will end though if ever they just make one error and their gone.
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February 12, 2018, 06:41:43 PM
 #32

indeed although the price decreasing more than 50% compared from last year price but at least the price finally not continue to dropped below to $6000 and i saw many people starting to sold their bitcoin especially in asian region that after some countries in this region declare to fight against bitcoin then most of them has been panic but bitcoin will pump hard soon and i believe it

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February 12, 2018, 06:42:32 PM
 #33



We do not have news to boost the price



Yes for now we don't have an information that bitcoin prices will rise higher. But the day continues to change, it is not impossible in a few days or months that come there will be things that greatly affect the price of bitcoin will rise.

bitcoin has risen to the point of reaching $20,000 in less than 6 months and this has aroused the attention of governments and now governments are taking very harsh measures against the people of their country who buy bitcoin and against the exchange of their countries ... and there are some problems that worsen the situation, for example the case of the miners, if anyone observes, he realizes that the workers do not have good conditions to work, the exchange are the worst and the case of Tether... so if governments adopt hard measures against: exchanges, miners and Tether... the price of bitcoin will fall and this year this will be systematic, so I think that the price will not increase as last year

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February 12, 2018, 06:52:16 PM
 #34

Bitcoin reach almost 20k last year and gone down to 6k this beginning of 2018. People are panicking because of some countries are banning bitcoin and so called experts causing a fuzz that bitcoin will not survive this. But guess what, every year bitcoin falls hard and shoots like a moon. I think we are lucky for this year because bitcoin started small and I believe it will pump hard at the end of the year.
I believe the same. every beginning of the year bitcoin fell down and bounced back again before the year ends and the price is like unstopable.  even though bitcoin is in its dip now. it is still higher compare to the its price on the first quarter of last year. so my prediction is it will pump again this year, before this year ends.
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February 12, 2018, 06:54:56 PM
 #35

One thing that I would add to your comment that probably won't be very popular but I think price action on charts is just a measure of human sentiment.. people often want to attach price action to news, fud, or announcements.. but I personally believe a large portion of that is certain perceentages of people at certain types of price actions do certain types of things.. and when price falls or goes up, people want to attach a real world reason why.. but I think simply its just certain people fomo, predict top, sell to buy the bottom, sell because others are, then finally panic selling because they think its over..  Bitcoin was way way WAY off of the moving averages for so long, that institutional money just quit participating altogether until the fomo finally ran out of gas... so I think now that the price has fallen to a point where institutional money has said enoughs enough and stepped in to prop it up.. all we have to do is break the 9200 resistance level (which i think is gonna be a tough nut to crack) which will allow day traders to step in which will allow other traders to follow which will lead to fomo and we start the entire human sentiment chart cycle over again... people will say it was "because the senate's announcements were positive or the fud in China has dyed down.. or the people have spoken that they want the longevity of bitcoin to stay at these higher prices.. but my question is.. is it really those things or do we as traders just not accept that we all as a whole have our role to play in the ups and downs of the chart that ignores all of those things until an after thought?  Anyways.. food for thought.
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February 12, 2018, 07:12:50 PM
 #36

Rather than worry about this fall in prices, we must seize this moment to expand and diversify our wallets.   

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February 12, 2018, 07:24:18 PM
 #37

Bitcoin reach almost 20k last year and gone down to 6k this beginning of 2018. People are panicking because of some countries are banning bitcoin and so called experts causing a fuzz that bitcoin will not survive this. But guess what, every year bitcoin falls hard and shoots like a moon. I think we are lucky for this year because bitcoin started small and I believe it will pump hard at the end of the year.
Definitely it will be bounce back agian but it need some time to make that possible.do not get upset  due to its current price i think it's good opportunity to invest in it to get more benefits in future. If you saw the history of btc then you find that whenever it falls it come back more strongly. I think this year also good for btc holder. Just have some patience and don't sell it just hodl it. After the recovering of bitcoin you got more healthy returns.
We should be thankful that Bitcoin rose up again after it's downfall at almost $5,000 because someone was back on the track again after buying those cheap price. It will take more time before Bitcoin reach again the ATH $20,000 and everyone should invest already while it's just starting to rise up slowly. And hold for a couple of months and i'm sure there will be a huge profit.

3996
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February 12, 2018, 07:30:35 PM
 #38

BTC is very volatile,it carries high risk but high return as well.Fluctuations are very common.Right now the price is low and good chance for investment.I know after every crash there is high momentum for BTC to go higher.After last year crash by 40% it did not touch its bottom leve,which means that it has investors support that is why it did not fully crashed to zero.The whole coin markecap depends upon performance of BTC.BTC was nothing at the beginning of 2017 but it reached to top level $19783,which is a record in the crypto market.Year 2018 is supposed to be another luckiest year for BTC,BTC price is stable for last 3,4 days between $8000-$8700,more investment is expected in coming days,which will increase its demand and consequently price will shift upward.In my opinion right now is good time for investment in BTC.
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February 12, 2018, 07:37:39 PM
 #39

Bitcoin reach almost 20k last year and gone down to 6k this beginning of 2018. People are panicking because of some countries are banning bitcoin and so called experts causing a fuzz that bitcoin will not survive this. But guess what, every year bitcoin falls hard and shoots like a moon. I think we are lucky for this year because bitcoin started small and I believe it will pump hard at the end of the year.

Yes, you are right.
Every year there are big drops, but more importantly is after that there are even bigger rises.  Grin
And that people constantly say that BTC is a scam, it will never stop in my opinion.  Lips sealed

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February 12, 2018, 07:43:29 PM
 #40

I believe, and my TA is always correct, that bitcoin core will reach 50k by summer's end.

but in the interim, we'll see pitfalls to sub 5k. Remember that only 3 years ago, BTC stayed bearish for a whole year.

I tend to agree with you, I just wish when we went to 5.9k we would have found the 5k floor and consolidated there so we'd have more a springloaded push with the volume, but if we don't break 9.2k this time around it could very well set up for a dump again.
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