I wonder - are there ppl here who bought BTC when it was 19k ?

[jemine]

$19,000 wasn't even the pick of 2018, some people even bought at $20,000. Am sure they must have been depress by now looking at the current price at the moment.

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[BrewMaster]

there have been lots of people who bought bitcoin around that mark. in fact about a couple of billion dollars worth of bitcoin was traded during that time according to the volume history.
i have also bought around that price not exactly at the top but around it, but what i do is that i have cash and i dump it for bitcoin every now and then. this money that is invested i don't care about and don't mind what happens to it even if i buy at the peak i will still hold it. but also i have some funds that i have in the market (on exchange) that i trade with. what i did here is that i bought near the top in the dip and sold after the recovery and stayed out for a while until price went down lower and market became more predictable then got back in and again until today that i am again out with my money+profit waiting for the market to become more predictable so that i can resume trading.

[jseverson]

-snip-

As an example - last year 2017 there were lots of rumors that Bitcoin is going to reach the 50.000$ point in future. Some even wrote about a 100.000$ price. This started when BTC was under 2000$, exactly 1 year ago, spring. So till the end of 2017 it reached almost 20.000$ than fell down to 7.000$ until now.
My 1st question is - the rumors about 50k-100k helped this pump to 19k?
And my second questions is - are there any rumors now similar to those of 50-100k? Or the enthusiasm has chilled? I didn't manage to read a lot on internet so this is why I am wondering if the story is being repeated or not since last year.

1st question:

Maybe. People in crypto know not to take any kind of prediction seriously because it's basically 99% guesswork -- analyses generally fall flat in their face because world events completely override trends. If we were to assume that newcomers caused this pump, however, we have to take into account that they're more likely to believe these absurd predictions, and very well could have even entered the market with them in mind. We won't know for sure though.

2nd question:

There are always rumors. Take a look at McAfee, for example. He has predicted an absurd price level and he has a fair number of believers. Every other famous guy that talks to the media also has their own prediction. How likely they are to be believed is a different story entirely, however. It's possible that more people believed in them last December because of how well Bitcoin was doing. I'd say people are more likely to brush them off now because Bitcoin hasn't been doing very well.

[crypto3644]

We recommended to buy bitcoin at 19 k because we knew the great potential that has its technology and within 5 years all the people who bought 19 k and retained it will gain 5 or 10 times its value

[Lucius]

As an example - last year 2017 there were lots of rumors that Bitcoin is going to reach the 50.000$ point in future. Some even wrote about a 100.000$ price. This started when BTC was under 2000$, exactly 1 year ago, spring. So till the end of 2017 it reached almost 20.000$ than fell down to 7.000$ until now.
My 1st question is - the rumors about 50k-100k helped this pump to 19k?
And my second questions is - are there any rumors now similar to those of 50-100k? Or the enthusiasm has chilled? I didn't manage to read a lot on internet so this is why I am wondering if the story is being repeated or not since last year.

Speculations or predictions about BTC price is important part of price movement sometimes, and last year when price is go up to almost 20k $ many are speculated about 30k-50k $ in next months. We now they did not count on correction, and now we are under 10k $ and price will stay in this range few months in my opinion.

I do not think that price can be pumped so easy like last year, people are more cautious with investment in BTC. However if for some reason price start to rise above 10k, this may be trigger to new big pump. It is not hard to imagine that from 7000$ to 20 000$ or even more is not great distance, last year BTC value start under 1000$ and in less then 12 months reach almost 20 000$, now we have much better starting point.

Regarding people who bought at 19 000$, if they hold there is no doubt that one day BTC will recover this value or probably even more. Key is in patience and avoid panic selling, 1 BTC is always 1 BTC, today 7400$ and in 5 year maybe 10-20 times more valuable than today.

[qiman]

I did not purchase any Bitcoin at the top but the mister idiot here did not sell off my Bitcoin or altcoins at the time that I should have back in January whereby my assets were worth totally along with my Wife's at around 38 Bitcoin at the peak. Now are assets are less than 95% of that all time high so it is like we lost a fortune in six months of the bear market capitulation. Now Bitcoin has performed a triple bottom they say it may likely go up from here but I would not celebrate anything just yet because I do not trust in the altcoin or Bitcoin trading market at all right now.

[MangoPolo]

We recommended to buy bitcoin at 19 k because we knew the great potential that has its technology and within 5 years all the people who bought 19 k and retained it will gain 5 or 10 times its value

"We" meaning who?

[MangoPolo]

I did not purchase any Bitcoin at the top but the mister idiot here did not sell off my Bitcoin or altcoins at the time that I should have back in January whereby my assets were worth totally along with my Wife's at around 38 Bitcoin at the peak. Now are assets are less than 95% of that all time high so it is like we lost a fortune in six months of the bear market capitulation. Now Bitcoin has performed a triple bottom they say it may likely go up from here but I would not celebrate anything just yet because I do not trust in the altcoin or Bitcoin trading market at all right now.

I guess the luckiest ones are those who mined tens of Bitcoins in early times or those who bought them at prices under 1000$
If you still have BTC I surely suggest you keep them!

[LeGaulois]

Of course, there are people who bought bitcoin when it was + $19k People were excited seeing how the price was climbing and no sign showing us the price will fail down drastically. This period also attracted a lot of new people investing in it.
A good indicator to look at is google trends https://trends.google.fr/trends/explore?q=Bitcoin

[Saisher]

One of my friend bought only just a small amount of Bitcoin, when it was on its highest, but he is a positive thinker, he still keep the bitcoin that he purchase, he already made profit from the other altcoins that he bought but he is very optimistic that bitcoin will soon reach 30k or even 50k.

[MangoPolo]

One of my friend bought only just a small amount of Bitcoin, when it was on its highest, but he is a positive thinker, he still keep the bitcoin that he purchase, he already made profit from the other altcoins that he bought but he is very optimistic that bitcoin will soon reach 30k or even 50k.

I recommend him stick to this position! It's more likely BTC will keep growing in the next months! Everything is based on Bitcoin so it cannot die that soon.

[dmamigo]

Personally I didn't bought Bitcoins at that price, but I did bought altcoins which went high along with Bitcoin price hike. And yes all are in red ofcourse. For few coins I am unsure whether its gonna hit up unless Bitcoin hits up.

A known person bought at that time, and I helped him in that, he isn't in this forum though, that is why he took my help as he had no knowledge. I now feel, only if I had forced him more not to buy and he had listened to me, but it was done, and he is in loss. He holds it though, believing it would rebound and retouch that. Even reaching BEP would work for him.

[Cofee.BLUE]

Maybe there are some of us are doing bought bitcoin when in that value and for sure they are felt sad because the value of btc as of now is not reach it's highest peak value. But even it is happening now, a true smart investors never mind it and stay calm and waiting to be rising up again because they still believe that it's goes to a bullrun season again after a long period of downfall.

[d0flaming0]

 i actually don't know if anybody did bought bitcoin at that price last year, if there were few then too bad for them if they sell it, but if not and still holding well still it isn't a loss. i almost even give in at that time because of the surge but i followed my instincts and did not bought at the wrong moment.

[BTCWise]

Lol Great question but remember everyone makes mistakes with crypto every now and then. Remember what happened in Q1 of 2017? Price went past $1k and then dropped suddenly below $800 because of some bad news. What were peoples reactions then? Bitcoin wont breach $1k again but what happened. Bitcoin breached $1k and touched $20k that same year. So I don't think those who bought at $20k should really feel bad. Price could potentially breach those levels again this year. The key is to remain calm and level headed. This is a long-term investment for me. Hope my comment helped! Please give me some + merit if you found my comment useful

[sieemma]

Most of the buy and sell you see on the market and bot tradings. Most of the time, people don't see the lost because they change at the current rate and exchange for fiat. Although  some few people came in to buy at that price, the effect isn't notice by many people who do trading as they continuosly buy and sell unlike a hodler who hodls always.

[bhabygrim]

Surely there are some people here that have bought some BTC when it was in 19k,
To be honest I bought some back then but when the price was dropping I sell it off and try to win back my money in alt-coin,
Luckily I manage to get some but I didn't really recover all of my money.

[Dante4142539]

I think there's no people going to buy BTC it that kind of price. If they buy in that price and expecting that btc will higher the price but I thin that's a bad Idea first of all we buy BTC for profit and if you buy at a high price it will cause an bankrupt.

[Kprawn]

Well, I started buying at $400+ and I kept on buying and selling some coins all the way up to $18 000. The difference is, some

people did this with their own money, where I did this with previous profits. When I started selling coins, I already made

between 500% to 800% profit per coin, so I am way into the green. {ROI reached a long time ago} I think only a small

percentage of those people who bought at those prices, might have been first time buyers and when it started to drop, they

would have panicked and sold already.  

[Mpamaegbu]

So, as we remember, on December 17th the price of BTCBTC went to it's maximum point and reached the value of 19,086 $

Lol... Now you want to hit that below the belt and make it hurt for them, right? Of course people here bought at that level. It was an enthusiastic moment as everywhere was lit up in momentous excitement. Many never imagined it was an overbought level. By the way, that price even got to $20,000. Go and check the historical data for Dec 17-19, 2017. It got that high.