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Author Topic: Speculation on BTC  (Read 777 times)
Natasha95
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August 23, 2018, 04:26:43 PM
 #241

I was reading the Speculation section from the Economics forum yesterday, and two guys from the BTC Foundation said that 2018 will be the last time that Bitcoin will be under $10,000. I believe that this statement was made to lessen the worry that comes about every time that BTC drops. I don't know how anyone could make that statement in full faith though, as the nature of altcoins is its very volatility. Since it is not tied to normal economic conditions as fiat currency is, I don't quite see where that prediction comes from. The fact that many economies are talking about some type of oversight does show that acceptance is gaining and perhaps is a harbinger of more stable, and higher, prices.
I quite agree with this opinion. That bitcoin is now the last time falls to the level of 6000. Next year I will not be sure of this price. soon there will be a growth of bitcoin, this is evidenced by many facts

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August 23, 2018, 04:33:02 PM
 #242

I believe there are plenty of powers fighting for the dominance over bitcoin some of which are trying to suppress the price and some drive it up. Moreover, bitcoin's rate is pretty dependent on news. With all that in mind, I would dare making any predictions as there always is a chance of a black swan.
I agree with you here and the fact that ETF's got a next denial means almost 100% for me that there are some groups that don't want Bitcoin at higher levels for now. But it will change soon.
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August 23, 2018, 05:10:21 PM
 #243

I have feeling that bitcoin will rise again but I doubt if it will hit 20k dollars again but I hoping we are on the 3rd quarter of the year and this season of the year would be hard to predict btc price well we should wait until end of august if btc has no response on its price maybe next year.

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August 25, 2018, 03:48:30 AM
 #244

I have feeling that bitcoin will rise again but I doubt if it will hit 20k dollars again but I hoping we are on the 3rd quarter of the year and this season of the year would be hard to predict btc price well we should wait until end of august if btc has no response on its price maybe next year.

many people have the same feeling as you, they believe that bitcoin will rise soon but we need to be patient to wait for the time to comes. there are too many speculations that saying bitcoin will fall too deep and this makes many people out there become panic so they don't want to get losses. we are now at the end of August and we can hope that in the next month, bitcoin price can increase higher and perhaps the price can reach more than $10000 first and stay in that price for a while.

Aramazdi
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August 25, 2018, 04:00:55 AM
 #245

I believe there are plenty of powers fighting for the dominance over bitcoin some of which are trying to suppress the price and some drive it up. Moreover, bitcoin's rate is pretty dependent on news. With all that in mind, I would dare making any predictions as there always is a chance of a black swan.
indeed bitcoin currency travel is full of challenges, but that is the attraction of speculators, for them the rapid movement of bitcoin values can be a plus to take advantage, because being able to master the price movement can be the same as mastering bitcoin itself, there can be competition for that, but we can take the positive value that is the higher the value of bitcoin and will be more stable in the future.
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September 09, 2018, 03:37:42 AM
 #246

If the coin gains some stability and becomes less volatile, it can head towards being a mainstream currency which can revolutionise the economy and help in a digital, cashless society.
winterland
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September 14, 2018, 02:12:43 AM
 #247

Speculations don't determinine the price of bitcoin; people do. Bitcoin can go up as much as 50K in any year or below 10k any year depending on the people in the ecosystem at the particular time. Speculations are not a sure way of predicting prices.
But who do you think is a speculating with the price? The people are the ones that are speculating with the price, they are the ones selling and buying bitcoin based on nothing more but rumors, fake news or just the feeling that the price is going to go up or down, speculators are really ruining this market for many of us because if it were not for them the growth of bitcoin will be a lot more even.
kumala_abi
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September 14, 2018, 02:18:40 AM
 #248

I was reading the Speculation section from the Economics forum yesterday, and two guys from the BTC Foundation said that 2018 will be the last time that Bitcoin will be under $10,000. I believe that this statement was made to lessen the worry that comes about every time that BTC drops. I don't know how anyone could make that statement in full faith though, as the nature of altcoins is its very volatility. Since it is not tied to normal economic conditions as fiat currency is, I don't quite see where that prediction comes from. The fact that many economies are talking about some type of oversight does show that acceptance is gaining and perhaps is a harbinger of more stable, and higher, prices.
I quite agree with this opinion. That bitcoin is now the last time falls to the level of 6000. Next year I will not be sure of this price. soon there will be a growth of bitcoin, this is evidenced by many facts
next year maybe could be higher than today price.there will alot positive news that could support bitcoin price go higher again.we need strong faith to support bitcoin

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Finatu
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September 14, 2018, 04:22:41 AM
 #249

Speculators are a vital link in the crypto-currency ecosystem. It is speculative capital that has provided an opportunity for growth and provides overall development. As the connection between the cryptomir and the real world increases, the role of speculative capital will naturally decrease.

Bitcoin has become an interesting conversation lately because the price of bitcoin which is almost US $ 20,000 in December 2017, was very shocking to the world financial players. No one has ever predicted the price of bitcoin would be very expensive. Bitcoin is now a game of large capital speculators in determining prices to go down or up. Speculators will shake bitcoin prices for the purpose of finding short-term profits.
Gogosialver
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September 15, 2018, 08:45:01 AM
 #250

Then again, that is exactly what i did  so thumbs up for them. I really believe that BTC along with other coins will shoot up vone the last quarter. I just hope that what yhe speculations say is true. I mean if that should happen then we're talking about alot of money here.
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