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Author Topic: Will Bitcoin continue to rise?  (Read 1858 times)
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May 08, 2018, 01:42:47 PM
 #421

Speaking of the rise, near term we are on the underneath of the momentum or moving average since the bottom.   



The blue line being what underlined the general move and came below it some.   Price action now needs to confirm above 9074 as support in order to make progress .    Its quite possible for this to happen however, above there is 200 day moving average which far out weighs this thin blue line of just since the April bottom.  Its quite normal for short term trend to give way to longer term pricing and we need more time to build a case for a move higher.

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May 08, 2018, 01:57:53 PM
 #422

When there are economic depressions or economic sanctions, the demand for bitcoin will rise, and thus the price will rise.

Bitcoin has gained a LOT of popularity over the past year, and people who just learned about bitcoin are learning how to make their wallets and trade crypto.

I think the real question is whether your country's economy can keep up with inflation? If not, then who do you trust more: Yourself or your bank?

Even if bitcoin never rises again, I can make money by margin selling to newbies and margin buying from people who need to withdraw cash. Being the middleman is profitable in the short term, on top of whatever long-term profits are made from the increased popularity of crypto.
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May 08, 2018, 02:12:57 PM
 #423

The Bitcoin is reaching $10,000 again.

Personally, I think cryptos will be the future, even some countries already banned them, like China and South Korea.

Recently, an news shaped my eyes again, it said that the investment banking powerhouse Goldman Sachs will start trading Bitcoin futures using its own money.
Bitcoin (BTC.X): will this rally sustain?

Do you think bitcoin will continue to increase?
Of course it will be always increase after what happens always think of it how business , and others use bitcoin because they knew that bitcoin is the only way on how they can earn money after risking too much money just wait for the right time to come it just like your waiting for some miracle however if you are good in market and trading once you overcome your fear of loosing too much money you will surpass what you've thinking , other countries are ready for the big surprices of bitcoin that will happen this year thoseprediction will came true just be patience.
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May 08, 2018, 02:27:47 PM
 #424


Yes, it's just a matter of time. In a trade, it is expected that the movement of the graph will go up. So is the bitcoin trade.
I also believe that bitcoin can repeat success in 2017 '
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May 08, 2018, 02:57:51 PM
 #425

I think it will continue to rise, even if the price is low or high, because there are many people already invest in bitcoin, so it is very possible. Because we know that btc on the future the price may rise or high.
Theoretically bitcoin's value will continue to increase in value drastically until it reaches a certain limit which for example, is the cap for the amount of coins available for the said cryptocurrency. Anyways, it is still too far from now to happen so there are still a lot of possibilities for things  unexpected of bitcoin to happen, so we can't really tell until we are at the moment.

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May 08, 2018, 08:58:37 PM
 #426

The growth happens in taking place with good support, and there is no manipulation to profit a certain user group who keeps hold of a large volume of bitcoin. Today the price of bitcoin has gone closer to $10000 and once again has fallen back staying around $9500-$9600. This is simply the way of stabilization, hope within a day or two will cross $10000.
Bitcoin market has shown us its strength and function and the advantages of Bitcoin to its people, for whom it was designed. The market value affects with the increase or decrease in the demand and if demand increases then supply also increase that results in the high value of Bitcoin. The market will still continue to rise if the people decide to accept the coin and as long as we need our profit we are to use Bitcoin.

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May 08, 2018, 09:22:37 PM
 #427

Seems that today Bill Gates statements have stopped the rising.
I think since tomorrow the market Will restart growing.
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May 08, 2018, 11:03:54 PM
 #428

Seems that today Bill Gates statements have stopped the rising.
I think since tomorrow the market Will restart growing.
But the real investors of bitcoin do not worry for his statement as they know that in the long run the price of bitcoin will increase and they will get the profit so they will invest. No matter how much statements come from him but the actual thing will happen. If SEC is saying that bitcoin is future then why a person will believe on a person who is not related to bitcoin!
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May 08, 2018, 11:42:38 PM
 #429

its marketcap is still 200m USD which is very less in comaprison of other valuable assets and currencies .
so it should rise until it cross $500,000 price , which will make it marketcap around $10 trillion , but we have to wait for some years to see this price .
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May 08, 2018, 11:45:11 PM
 #430

Seems that today Bill Gates statements have stopped the rising.
I think since tomorrow the market Will restart growing.

Bill gates is not the reason of this correction . it was due after spike to 10k USD .
but i found it funny when such people criticize bitcoin without telling proper reason and ignore its benefit .
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May 10, 2018, 02:27:14 PM
 #431

I think so, because I think that 2018 will be one of the most important bitches in the history! This year, large investors will enter the market, which will raise the price of bitcoin quite sharply, and until then the price will rise and fall!

If the price goes up I think it affects the volume of bitcoin and if the volume is exhausted then bitcoin will quickly die. And bitcoin will increase but not continuously, because bitcoin users are not just a trader but also an investor who needs a low price to buy bitcoin as their investment asset so the market sometimes becomes red in no time and that's for sure
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May 10, 2018, 03:18:54 PM
Last edit: May 10, 2018, 04:51:19 PM by krankNL
 #432

Seems that today Bill Gates statements have stopped the rising.
I think since tomorrow the market Will restart growing.
But the real investors of bitcoin do not worry for his statement as they know that in the long run the price of bitcoin will increase and they will get the profit so they will invest. No matter how much statements come from him but the actual thing will happen. If SEC is saying that bitcoin is future then why a person will believe on a person who is not related to bitcoin!

In long term (5-6 months) my aim is $19.000 and I believe we will see a bull market soon. Real investors never worry about bitcoin because they know bitcoin is sustainable and the prices will boom one day. No worries for us.
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May 10, 2018, 04:21:52 PM
 #433

in my opinion, bitcoin is a coin that will continue to grow and will have a price that continues to rise so that of course will remain profitable and provide profit, so do not hesitate to invest in bitcoin
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May 10, 2018, 04:46:04 PM
 #434

The price used to grow in an unexpected time period. As of now the price is growing in a gradual manner with more and more corporate firms showing interest towards the adoption of bitcoin and creation of blockchain for their own necessity. In this regard growth is assured to take place longer.

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May 12, 2018, 09:11:09 AM
 #435

The price used to grow in an unexpected time period. As of now the price is growing in a gradual manner with more and more corporate firms showing interest towards the adoption of bitcoin and creation of blockchain for their own necessity. In this regard growth is assured to take place longer.
The continuity of Bitcoin is very important near people but the direction should be opposite if you have invested already then you will expect for the positive direction and for those who have not invested yet and looking for investments then they want the low market in order to acquire the coins at low price. The current price is stable and people like to invest more.
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May 13, 2018, 05:30:58 AM
 #436

If bitcoin will continue to rise until December this year, there is really a big possibility that today's year is going to be a very good year for cryptos compared to last year. That's why i really bought the dip at 5,000$ when bitcoin fall down to that mark 3 times this year.

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May 13, 2018, 06:48:20 AM
 #437

I hope that the price will continue to rise, this is because I bought bitcoin for more than $ 12500 and if I sell it now, of course I'm losing money, I'll be patient and looking forward to a more expensive price and I'm sure it happens later this year.


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May 13, 2018, 08:38:28 AM
 #438

I hope that the price will continue to rise, this is because I bought bitcoin for more than $ 12500 and if I sell it now, of course I'm losing money, I'll be patient and looking forward to a more expensive price and I'm sure it happens later this year.
Many of you had bought bitcoin at a peak price instead of selling lose some decides to hold for a while. Good thinking you are not panic selling and will wait for the price to rise. I am also on high believes price could increase this year.

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May 13, 2018, 09:23:27 AM
 #439

Bitcoin has still more rooms to grow and an all time high is still posible within this year or before the ysar end. There are many negative factors that affect bitcoin rise like the continuing criticisms of some well known business personalities and the FUDs that seem to bring down bitcoin. The upcoming concensus for bitcoin may boost the price but it may likely go down again after the meeting.
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May 13, 2018, 10:04:34 AM
 #440

bitcoin continues to rise but with the unexpected time period, don't know that period is long term or short term but prediction says that the end of 2018 will be good for bitcoin so don't need to lose the hope. We need to show patience and still wait for the rise of bitcoin. As we know from the start that each year it shows its peak and in this year it also shows its peak.
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