Speculation on BTC

[Pinoyfan]

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.

Speculating of bitcoin is not really our problem the real problem is bitcoin whales when you have a good idea, and other information. That a good idea for all of that. The first is to invest it in the world so much more than one million people in the right now is a start, and technology. The real problem here in this bitcoin.

[1715605211]

1715605211

[dongyi17]

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.

Any People can predict what happen in Bitcoin in the future base on their experience but this is prediction only, this prediction can boast to other people to buy or not to buy, but the reality we can't predict what happen in the future. I still believe Investor can predict what happen in Bitcoin in the future.

[Bitexpert2017]

everyone has his own opinion, so I believe there are many forces that are fighting for dominance over bitcoins that are partly trying to push prices down and some pushing it.

[MiXxe]

Many people predict that bitcoin will rise quickly, I don't think so, the market may take a long time to fix it, and we don't see more new investors entering the market now.

any people predict that bitcoin will rise quickly, I do think so too, the market may take a long time to fix it, and we do see more new investors entering the market now.

BTC rise can happen very quickly and in the past it has risen like 2000$ in a day or more. So just if we see that the uprise starts in coming time and even if it can rise to 1000$ in a day for couple of days we will be back to 9000$ in quick time. This will boost up the market.

i agree mate! Bitcoin can rise easily if will concentrate very well. Of course our support will be of great help Many of us here still hope for the increase of price of bitcoin. Well this is not impossible because it did not become impossible when it reached the 20000USD value. Now that it is just recovering, I am so sure that it is just waiting for the perfect time to move up.

[takingthis4]

Many people predict that bitcoin will rise quickly, I don't think so, the market may take a long time to fix it, and we don't see more new investors entering the market now.

any people predict that bitcoin will rise quickly, I do think so too, the market may take a long time to fix it, and we do see more new investors entering the market now.

BTC rise can happen very quickly and in the past it has risen like 2000$ in a day or more. So just if we see that the uprise starts in coming time and even if it can rise to 1000$ in a day for couple of days we will be back to 9000$ in quick time. This will boost up the market.

Yeah, but the problem is that the community interest isn't that big at the moment for it to happen, the price still has to bounce around for a while first in order to make sure that it is at it's low.

[paisiifokin]

It will very soon be touching $20 k again this year only. After this happens, it will move to $30 k in next 30 days or even less.

[justspare]

your statement may be true but even though bitcoin down it will not be long bitcoin is a new technology that many companies accept, so grab a chance to buy if the bitcoin goes down

well, this would be an excellent opportunity to buy bitcoin if the price decreases as it is today. we all believe, that bitcoin prices will be even higher this year. it may be down for some reasons now, but it would be a very good thing to buy it in bulk.

Anyone who does not even believe that at the moment is obviously not ready to invest. This is a currency that has shown it to have a great support and a real life value and even though it is not being used to its fullest, that does not mean it is not there or it won't still end up being used.

As long as this is in play, there is nothing to worry about in the short term and the focus on the long term will it even make it so easy when investing in the dips that the market brings.

[Reagan_alvaro]

for bitcoin price speculation the bitcoin price should be more than $ 20k because the current bitcoin circulation is also getting thinner and getting bitcoin is already very difficult.

I still believe that saying about five digits would be the last year is right because last year we had reached nearly $ 20,000 and that's not a small margin, there must be a massive attack on bitcoin dominance but we can see resistance from bitcoin proponents every time they try to dump the most bitcoin alts from the top coin drops with this.
We all have the right to say what we want to say, and these two have their own.

[GoodLuck2]

Many people predict that bitcoin will rise quickly, I don't think so, the market may take a long time to fix it, and we don't see more new investors entering the market now.

any people predict that bitcoin will rise quickly, I do think so too, the market may take a long time to fix it, and we do see more new investors entering the market now.

BTC rise can happen very quickly and in the past it has risen like 2000$ in a day or more. So just if we see that the uprise starts in coming time and even if it can rise to 1000$ in a day for couple of days we will be back to 9000$ in quick time. This will boost up the market.

We are waiting for this triumph. I don’t know when it will come but still we are on eyes to it. Since January of this year, we are hearing such news where people are asking for best time for the prices to take the lead and show us best of their performance. But here it comes June and nothing is abnormal or extraordinary. Prices are still just moving around this 6-7 thousand figure.

[phucngungoc]

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.

Of course, at this point in time we should only speculate in bitcoin, you can see that although bitcoin has great applications and great value for human life, in fact, bitcoin is still Not recognized by many countries and considered legal. So in fact bitcoin is still virtual and has no value for human life. I believe you should only speculate on bitcoin and long term investment should not be.

[GotNow]

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.

That is true their are a lot of spectaculaions of bitcoin it is because it is already known all over the world and some people make it to the point to invest by the use of their cryptocurrencies kinda business form. In my predictions it will continuously grow and grow because of the advantages that brings to our life.

[gudrun]

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 believe that most people entering the crypto market are speculative, the market in recent days is fluctuating continuously and very difficult to predict and at the current price bitcoin knit continuously decline, capitalization of the market The school has fallen sharply and is currently under the $ 300 billion mark. Therefore, I think you should not invest long term in bitcoin as long as the market is bearish.

[mcabrito]

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.

That is true their are a lot of spectaculaions of bitcoin it is because it is already known all over the world and some people make it to the point to invest by the use of their cryptocurrencies kinda business form. In my predictions it will continuously grow and grow because of the advantages that brings to our life.

You are right, speculations and predictions are not accurate enough so for me I have a strong feeling that bitcoin will continue to grow and will become more popular and also the price will increase more.

[BartS]

Comparing the mindset of the first bitcoin transaction for which 10,000btc was used to buy 2 pieces of pizzas could tell you what the value of bitcoin should be. But today that transaction can not be even imagined, because it will be outrageous. Therefore I believe that bitcoin has been priced over it's original anticipated value. Rather than believe prices will go up, I see prices constantly reflecting the reality, which is downward.

I disagree, satoshi himself said that in the future there will be a large volume or no volume, meaning bitcoin will have a high price or have a value of zero, so satoshi anticipated a huge volume and consequently a huge price for bitcoin as the adoption of bitcoin grew faster than the supply which is a recipe for a price increase, the current price of bitcoin does not reflect its reality and an even lower price will make that distortion even larger.

[jaysabi]

Comparing the mindset of the first bitcoin transaction for which 10,000btc was used to buy 2 pieces of pizzas could tell you what the value of bitcoin should be. But today that transaction can not be even imagined, because it will be outrageous. Therefore I believe that bitcoin has been priced over it's original anticipated value. Rather than believe prices will go up, I see prices constantly reflecting the reality, which is downward.

I disagree, satoshi himself said that in the future there will be a large volume or no volume, meaning bitcoin will have a high price or have a value of zero, so satoshi anticipated a huge volume and consequently a huge price for bitcoin as the adoption of bitcoin grew faster than the supply which is a recipe for a price increase, the current price of bitcoin does not reflect its reality and an even lower price will make that distortion even larger.

That's also a recipe for deflation and economic catastrophe if the economy were to be based in Bitcoin. Dropping prices or appreciating currency discourages economic activity, which grinds economies to a halt. I don't think considered the long term economic impact of a deflationary currency, only that the currency would not be manipulable which may produce short term benefits but seems to be outweighed by the long term drawbacks.

[jonaire99]

I do not believe in anything like that. many experts say if the year 2018 bitcoin prices will be very high, but until now there is no sign if the price of bitcoin will rise.

Most bitcoin forecasts or predictions are bound to fail. Those predictions are use only by some market analysts to attract attention from the viewers or the reading public. Bitcoin price is highly volatile and it's react quickly in every event that related to it. It need many positive developments to continue its recovery and eventually creating bullrun. Forecasting the next bitcoin bullrun must require a believable and clear explanations on upcoming bullrun.

[luoyezhao]

I think that now too many other virtual currencies are burning btc, causing the price of btc not to rise, but the current price is reasonable. In the next few years, if more places can support btc payments,  his price will increase with the increase in computing power.

[spongegar]

If 2018 is the last year for BTC to price below 10k USD then that's a bold claim. BTC woukd havento hit it's price early this year and higher for it to plummet above 10k USD. But it would be better for all of us who have stakes in BTC if the speculation is accurate. I juat want to be prepared for the worse that's all.

[trako]

Speculation for bitcoin is a necessary condition. Bitcoin would not have been so worthy if it had not been speculation. Speculation is the reason why you lose so much value.
ie Speculation is required for both sides.

[Dancobit]

In my opinion, Bitcoin's future position will be determined by its rules and applications in the global marketplace