still at level 50/50

[Slash61]

We have seen price charts rise slowly, btc prices around $ 10,500. Everyone knows that this price will increase again because it has become a hot potato.
By 2018 this will be a 50/50 situation that tends to go up and maybe yesterday it happened again. what do you think of this? are your thoughts the same as I think btc will rise to $ 20,000 in March? Experts say that 2018 there will still be an unexpected drop down.

[jimbo2000]

We have seen price charts rise slowly, btc prices around $ 10,500. Everyone knows that this price will increase again because it has become a hot potato.
By 2018 this will be a 50/50 situation that tends to go up and maybe yesterday it happened again. what do you think of this? are your thoughts the same as I think btc will rise to $ 20,000 in March? Experts say that 2018 there will still be an unexpected drop down.

No-one 'knows' that the price will increase again, many suspect it will, many don't. But no one knows. If bitcoin were similar to a hot potato that would mean people don't want to be holding it, this doesn't seem true with bitcoin, it's about the opposite of a hot potato.

What do you mean by 2018, it is 2018. What is a 50/50 situation?

[DaMut]

Not only everyone know it will increase again,many people even know it will decrease again because it's a hot potato.
if we are talking about its price,nobody know what will happen with it because it is very easy to get manipulated by people.
but,no matter what will happen with its price.
we should know and understand that it's our future,we need this.

What is a 50/50 situation?

It should be,
an uncertainty,will it go up or will it go down.

[BrewMaster]

We have seen price charts rise slowly, btc prices around $ 10,500. Everyone knows that this price will increase again because it has become a hot potato.

i don't know what you have in mid when you say "hot potato" but bitcoin price is rising and will continue to rise because there is an increasing demand for bitcoin while the supply is fixed.

By 2018 this will be a 50/50 situation that tends to go up and maybe yesterday it happened again. what do you think of this?

not it is not a 50/50 chance and it has never been like that.
in long term there is a 99.99999% chance that price rises.
in short term the chance changing constantly. for example when price was $10k last month there was a small chance like 10% that it could drop lower than it but it did happen and as it reached $9k the chance for bigger drop was increased (90%) because panic was at its highest back then and it did drop more. the when it reached $6k level the chances for drop was low again (10%).

now that price has recovered and is showing signs of more rise the chance of rise is high and it is a lot higher than 50/50!

are your thoughts the same as I think btc will rise to $ 20,000 in March?

it is hard to say. that is a big rise for only 1-2 month and a rise like that needs a solid reason or a big hype and we have neither of those.
a slow rise like what we are seeing is more possible.

Experts say that 2018 there will still be an unexpected drop down.

many trolls consider themselves "experts" and make random guesses, don't take them seriously.

[Herbert2020]

By 2018 this will be a 50/50 situation that tends to go up and maybe yesterday it happened again. what do you think of this?

i think that is just your opinion. and i have a different one. because all i see are signs of rise so it is not a 50/50 sitation it is more like a 90/10 situation for a rise to happen. and the strength of this rise is pretty good as the slow but constant rise with a high volume suggests.

[magneto]

We have seen price charts rise slowly, btc prices around $ 10,500. Everyone knows that this price will increase again because it has become a hot potato.
By 2018 this will be a 50/50 situation that tends to go up and maybe yesterday it happened again. what do you think of this? are your thoughts the same as I think btc will rise to $ 20,000 in March? Experts say that 2018 there will still be an unexpected drop down.

There are a lot of optimistic investors in the market at the moment. So it's probably a bit more than 50/50 in favor to the bull side.

But it doesn't mean that it's guaranteed to go up. There could be a continuation of the last dump and bitcoin going down through $10k again. We don't know if that's going to happen, though it seems unlikely to me at least based on my experience.

I can't really foresee even in the best case scenario bitcoin going up to $20k next month, so i'd have to disagree with you on that. We're not going to see pumps as quick as last year in 2018, imo.

[Jating]

We have seen price charts rise slowly, btc prices around $ 10,500. Everyone knows that this price will increase again because it has become a hot potato.
By 2018 this will be a 50/50 situation that tends to go up and maybe yesterday it happened again. what do you think of this? are your thoughts the same as I think btc will rise to $ 20,000 in March? Experts say that 2018 there will still be an unexpected drop down.

Of course the situation will be 50/50 because the market is base on speculation. If you look at last year sudden rise to $19K, I say no single expert has predicted the price could go that high. The highest price prediction in this forum was around $5K if I'm not mistaken.

The mental barrier that is $20K is doable for me. Why? We may have experienced major crisis lately, however, investors are still willing to shell out their hard earn money simply because crypto potential is still huge as far as earning profits for long term is concern.

[BitHodler]

The mental barrier that is $20K is doable for me. Why? We may have experienced major crisis lately, however, investors are still willing to shell out their hard earn money simply because crypto potential is still huge as far as earning profits for long term is concern.

The $20,000 mark needs to be justified. In the first place more SegWit utilization is going to be an important factor, and second place it's all up to lightning network to do its work in providing more adoption capabilities.

If we look at this industry as a whole during the $20,000 peak, it was clear that we weren't ready for so much growth. Literally, we experienced growth that would usually take at least a year to obtain, in just a few months time.

The correction that brought us back to where we belong, was healthy and very much needed. Current calmer market gave everything more time to catch up, especially when it comes to our exchanges.

Exchanges even had to stop accepting new registrants, which says enough. It's a severe form of incompetence that initially we couldn't blame them for. Now however, we can and should blame them for not being ready.

They have had enough time to update and upgrade their entire operations, so from this point there are zero excuses they can fall back on.

[bob3772]

The mental barrier that is $20K is doable for me. Why? We may have experienced major crisis lately, however, investors are still willing to shell out their hard earn money simply because crypto potential is still huge as far as earning profits for long term is concern.

The $20,000 mark needs to be justified. In the first place more SegWit utilization is going to be an important factor, and second place it's all up to lightning network to do its work in providing more adoption capabilities.

If we look at this industry as a whole during the $20,000 peak, it was clear that we weren't ready for so much growth. Literally, we experienced growth that would usually take at least a year to obtain, in just a few months time.

The correction that brought us back to where we belong, was healthy and very much needed. Current calmer market gave everything more time to catch up, especially when it comes to our exchanges.

Exchanges even had to stop accepting new registrants, which says enough. It's a severe form of incompetence that initially we couldn't blame them for. Now however, we can and should blame them for not being ready.

They have had enough time to update and upgrade their entire operations, so from this point there are zero excuses they can fall back on.

The explosive growth was much too soon and bitcoin as well as the whole market reached heights it didn't necessarily deserve. This time around if we can reach the same level it will likely be a lot more justified and after a lot more steady growth, also while having the confidence of a bottom being found around 6k.

[buwaytress]

We have seen price charts rise slowly, btc prices around $ 10,500. Everyone knows that this price will increase again because it has become a hot potato.
By 2018 this will be a 50/50 situation that tends to go up and maybe yesterday it happened again. what do you think of this? are your thoughts the same as I think btc will rise to $ 20,000 in March? Experts say that 2018 there will still be an unexpected drop down.

There are a lot of optimistic investors in the market at the moment. So it's probably a bit more than 50/50 in favor to the bull side.

But it doesn't mean that it's guaranteed to go up. There could be a continuation of the last dump and bitcoin going down through $10k again. We don't know if that's going to happen, though it seems unlikely to me at least based on my experience.

I can't really foresee even in the best case scenario bitcoin going up to $20k next month, so i'd have to disagree with you on that. We're not going to see pumps as quick as last year in 2018, imo.

Yeah I noticed the general sentiment awing slowly to the bullish side this week, the same voices more or less that were more inclines to go bearish in previous weeks. Just because they were right before don't mean they're gonna be right again, or ever.

I think the bull trap didn't happen but neither did the strong breakout. So it's really more of the same wait and see attitude. Personally, am delaying my regular sell schedule for bills for a week or two. Sensing an opening at 11k before more stabilising attempts at 10k. Hope I'm right but hell.

[hosseinimr93]

We are always in 50-50. It is always difficult to predict what will happen to cryptocurrencies prices.
Even in late 2017, the situation was 50-50. But holders were lucky.

[Biscutard]

We are always in 50-50. It is always difficult to predict what will happen to cryptocurrencies prices.
Even in late 2017, the situation was 50-50. But holders were lucky.

A 50/50 chance is not that bad since entering the world of crypto is always a risk battle if you are not ready, so people should be lucky to have chance like that. When bitcoin rises up again just like last year the chances will grow higher that's why a 50/50 chances is not bad at all.

[sofi@]

We have seen price charts rise slowly, btc prices around $ 10,500. Everyone knows that this price will increase again because it has become a hot potato.
By 2018 this will be a 50/50 situation that tends to go up and maybe yesterday it happened again. what do you think of this? are your thoughts the same as I think btc will rise to $ 20,000 in March? Experts say that 2018 there will still be an unexpected drop down.

Bitcoin is very volatile and unpredictable, but seeing how last year fluctuations take place I think there is really a high chance that bitcoin can go beyond $20000 anytime soon. I also want to be positive about this and I was hoping that this pump will continue up to March and all the coming months.

[hackzang12]

We have seen price charts rise slowly, btc prices around $ 10,500. Everyone knows that this price will increase again because it has become a hot potato.
By 2018 this will be a 50/50 situation that tends to go up and maybe yesterday it happened again. what do you think of this? are your thoughts the same as I think btc will rise to $ 20,000 in March? Experts say that 2018 there will still be an unexpected drop down.

Just hold some and everybody will be fine! I don't believe on some experts because they are part of the manipulation of the market. I believe that technology will surpass any other market.

[richardsNY]

I also want to be positive about this and I was hoping that this pump will continue up to March and all the coming months.

Please, open the all time charts and see how Bitcoin's entire history till where we stand right now has been one heck of a continuous pump. You focus on an increasing price till March of this year, but I focus on an increasing price till 2030 and beyond. People here are far too short term minded, which causes them to lose out and buy back higher every time. Unless you're a trader looking to benefit from the fluctuations this market offers, there is no real point in selling any of your coins this early on. People did so at $1k, $2k, $3k, $4k, $5k, etc, and they kept buying back higher every time....