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Author Topic: BTC WILL Go 5K .  (Read 727 times)
BitcoinNewbie15
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June 10, 2018, 07:22:51 PM
 #21

Wow, I am seriously getting a flashback from 2014. Posts like these littered the forum in 2014/2015. It really is a trip to see how far we have come now that these type of posts are saying "BTC will drop under $5k, sell now" when they used to say "BTC wont go above $500 again! Sell now!". I would have never dreamed of BTC hitting $5k in the first place. Also Sell now or cry later, lol totally forgot about that one-liner, what a classic! Reading this post has taken me back to 2014, and because of that, I am more bullish than ever and not concerned about this price drop. Anyone remember falllllling? lol.

Thanks, OP.
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12tribes
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June 10, 2018, 07:29:33 PM
 #22

Its important!The whales may be creating this as you say, but it is a ploy to trick the chickenhearted and the disillusioned to sell and loss big. Then comes the bend or turn that drives the prices right up, making the poor sighted why he ever sold in the first place.
HODL guys! 

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June 10, 2018, 07:33:11 PM
 #23

ok,
it's just for free FUD or you made a technical analysis eheh !?

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June 10, 2018, 07:43:22 PM
 #24

Its important!The whales may be creating this as you say, but it is a ploy to trick the chickenhearted and the disillusioned to sell and loss big. Then comes the bend or turn that drives the prices right up, making the poor sighted why he ever sold in the first place.
HODL guys! 

You do understand that once the loss hits 50%-70% it is virtually impossible from a psychological point of view to not take the loss, the human brain hits a pain threshold which cannot be sustained unless you understand what happens next in a very timely manner, which the markets won't allow.
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June 10, 2018, 07:47:58 PM
 #25

Sell now or cry next week.
Right now price is under 6700$.
If you LOVE losing money, Keep your btc, whales are  laughing at you.


Unfortunately, situation is worse now, a better way to get coins from dip and wait for the future. Even, if you can get the risk, you can sell all the coin you have.
I am in such a situation that I don't know what to do, because technique analysis doesn't work in the cryptoworld.
Sandus_Cryptolover
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June 10, 2018, 07:48:42 PM
 #26

Your claim doesn't hold waters and you don't have to FUD around around. You can sell yours easily and let others do what pleases them. Your intention is more harm than good.



 Smiley
Sell now or cry next week.
Right now price is under 6700$.
If you LOVE losing money, Keep your btc, whales are  laughing at you.


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June 10, 2018, 07:53:55 PM
 #27

Sell now or cry next week.
Right now price is under 6700$.
If you LOVE losing money, Keep your btc, whales are  laughing at you.

Well it is not good to sell now, buying bitcoin is the best now to do this is a big opportunity now to earn more bitcoin to hold. Im ready to laugh for those who will sell their bitcoin.  Bitcoin will not go down to $5k what will happen is bitcoin will recover and will increase its value everytime.

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June 10, 2018, 08:01:08 PM
 #28

I will hold no matter what because I'm not in Bitcoin to get a few dollars right now. I'm interested in real value and in keeping my money safe, far away from the banks.
It doesn't matter what the speculators do. Bitcoin is worth more than 10,000 USD and It will return there when all weak hands are done panicking.
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June 10, 2018, 08:04:52 PM
 #29

I think there in no chance that bitcoin price going to down in 5k. It is the time to bitcoin price is going to ups. If bitcoin price is going to down not for a long time. Its for a short time i think.Bitcoin is the most powerful currency now in online. All the members of bitcoin are waiting for bitcoin price ups. It is the time to grow bitcoin price now. So i think there is no chance to bitcoin price down to $5k...
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June 10, 2018, 08:34:27 PM
 #30

Bitcoin has lost about of 7% of its value in the past 24 hours, currently trading at $6,780. The majority of the decline took place over a period of just recent hours, earlier today.
I guess that we have seen the sharp price decline because CFTC has requested trading data from crypto exchanges: Coinbase, Bitstamp, itBit and Kraken.
It's no surprise that these platforms might be involved in crypto price manipulation - we will see about that soon enough.


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June 10, 2018, 08:41:18 PM
 #31

We can't say that until we seen that value fall that hard, its still a good opportunity if you are going play with the market, people who knows how to ride with the whales will benefits but those who are going to panic and sell out their holdings will cry out loud after, tomorrow is another day as we seen a hard fall but who knows what can be the next plan of those people behind it, as long as we see some newbies that still investing we should never lose hope that whales will carry this one up again.
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June 10, 2018, 08:41:44 PM
 #32

There is a chance for a double bottom at $6500, you can sell now and the price may go to the moon and you are out.
But i musf confess that i believe bitcoin will go down bellow $5k.
The truth is that no one can predict the future, just wait and we will see.
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June 10, 2018, 08:47:12 PM
 #33

I'm a little shocked. An hour ago I went home and saw what was happening! What happened ? Why is everything red? Has there been any major hacking? Whom hacked?
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June 10, 2018, 08:57:09 PM
 #34

I'm a little shocked. An hour ago I went home and saw what was happening! What happened ? Why is everything red? Has there been any major hacking? Whom hacked?
Presumably South Korean crypto exchange Coinrail has been hacked. They are now checking their systems after a suspected hacking attempt.
But from what I can tell this event is unlikely to have really impacted the price action on the markets,
Coinrail is not a big exchange, as thir trading volume is just about $2,5kk - so it is more of a tempest in a teapot.


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June 10, 2018, 09:04:00 PM
 #35

Sell now or cry next week.
Right now price is under 6700$.
If you LOVE losing money, Keep your btc, whales are  laughing at you.

what will happen until you predict the bitcoin will reach 5k, and what will it possibly be?
I hope all will be fine
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June 10, 2018, 09:05:51 PM
 #36

I have seen any real evidence of educated guesses to say why 5K. Just seems a number plucked out the air. Unless you meant £5K because it's pretty much that now lol
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June 10, 2018, 09:14:39 PM
 #37

Guess you might be among those manipulating the price in this little way. Only newbies will listen to you and cry after sale. This is practically how manipulations are being done.
 
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June 10, 2018, 09:33:08 PM
 #38

There is a possibility that bitcoin will go down to $5000 but I'd rather hold my bitcoin than join the panic selling. I believe this correction is temporary and is normal as a part of its volatility and reaction from factors that affects it. Bitcoin has its own time to bounce back again so it better to wait and be patience for its next recovery. Panic selling will give further loss on your investments and instead of selling it's better to buy some cheap but solid coins while the market is still in red.
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June 10, 2018, 09:40:10 PM
 #39

There is this word everybody should know. HODL. It is normal for bitcoin to be down like that and it is normal too that bitcoin will spring back after that
Lol do not blame everything to whales, it is not the whale's fault all the time. Maybe take a look at bitcoin's nature. Volatile

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June 10, 2018, 09:45:51 PM
 #40

Wow everyone is behind the curve, the architect of the system we use wrote about this a couple of months ago https://www.quora.com/Why-are-cryptocurrencies-dropping/answer/Matt-Awd
This 'analysis' is not based on much tangible serious information... Its an opinion, not something I would rely on...



".....What we are seeing is that Bitcoin will go down to $3k to $5k, and then spike in to the $30,000 to $50,000 range…"

well….. I hope he is right … Wink lol
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