What happened to this 'easy 10k'?

[cryptokwuk]

Just wondering guys, you were all so confident we were in a strong bull market and would break 10k easily, looks like the opposite is becoming a reality and we're heading straight back to new lows.

[1714813025]

1714813025

[Flor1982]

Just wondering guys, you were all so confident we were in a strong bull market and would break 10k easily, looks like the opposite is becoming a reality and we're heading straight back to new lows.

Well, i always tell my friends that it is too early to celebrate from a small early spike last month that we really don't know that those sudden price increase of up to $8,500 last month might be just a trap by the big whales that after they make people believed that a bullish run is starting and make them to panic buying it will suddenly crash again like what is happening right now. Hopefully people will not panic but to hold their coins to prevent the ultimate dip  again.

[sjefdeklerk]

It's game over now. Going to make year lows soon and from there next stop $3000. Bitcoin failed as an experiment, as per the recent bloomberg report bitcoin payments in stores plummeted 80% and as per that other report only 2% of Koreans (the main btc country) is even considering investing in BTC.

[batang_bitcoin]

Just wondering guys, you were all so confident we were in a strong bull market and would break 10k easily, looks like the opposite is becoming a reality and we're heading straight back to new lows.

Still ok with it.

Don't be disappointed with this lows. Our expectations haven't reached so keep the your heads up and buy at the dip.

Opposite might come but this won't be the end. Time to buy more bitcoins now, I guess this is the effect of Jamie Dimon's FUD alert again.

Same thing he did last year.

[d5000]

It's game over now. Going to make year lows soon and from there next stop $3000. Bitcoin failed as an experiment, as per the recent bloomberg report bitcoin payments in stores plummeted 80% and as per that other report only 2% of Koreans (the main btc country) is even considering investing in BTC.

Your conclusion that "Bitcoin failed as an experiment" has a bit weak fundamentals

1) Bitcoin was in a crazy bubble last year, and the Bloomberg article you probably are referring to is comparing May 2018 with September 2017. It's totally normal that payments are going back to a normal level now. Anyway, Bitcoin will only be used massively if the scalability problem has been solved, and LN is going big steps forward.

2) (South) Korea isn't the "main BTC country". Most Bitcoin nodes are in the EU and the US. Korean exchanges are leading because of their low/zero fees.

Nevertheless, I agree we may see $3000 this year, but in this case this price would be probably near the low. There should be strong support near this mark, as in 2017 there were two major highs in this region.

[davehopepe05]

This number will be shrinked and a a cố định threshold which ~ 6.000 will start a primary return. I believe this.

[pooya87]

only newbies and those who want to spread FUD are confident when they talk about bitcoin price, specially during trend reversals like this. as i said during the small rise, it was not a bull run but at the same time it doesn't mean it should go down just because price didn't break $10k!

p.s. why don't you post from your main account. it was old and legendary...

[Shinpako09]

That's fine, it really happens in crypto and it's not actually surprising. Not all we are expecting were going to happen especially crypto is really unpredictable. That's what they say expect the unexpected. Maybe we didn't get it in the last rise, we still have some other time and for sure were going to reached it soon.

[Pursuer]

what happened?
the same thing that happened with "easy $4k and easy $3k" and all the similar "predictions". the bullshit price guesses are not known to come true ever. but people keep on making them because there is no taxes on spreading bullshit on the internet and some people even enjoy trolling.

[davis196]

Just wondering guys, you were all so confident we were in a strong bull market and would break 10k easily, looks like the opposite is becoming a reality and we're heading straight back to new lows.

"you were all so confident"Who are we?I wasn't expecting an easy 10K,I am expecting an easy 5-6K next 2 months and then going to around 11-12K during the end of December.OP,you have to distinquish the 5% serious traders,who have experience from the 95% newbies,who get excited every time the price does up by 10% and get frustrated evey time it does down by 10%.
I guess you were listening to the newbies,not the traders.

[snipie]

Just wondering guys, you were all so confident we were in a strong bull market and would break 10k easily, looks like the opposite is becoming a reality and we're heading straight back to new lows.

You forgot that 1 Bitcoin is always equal to 1 Bitcoin.
BTC vs USD is fluctuating and in short term no one can predict anything, big players always try to profit, who will not sell with $1,000 profit for 1 BTC?

[cryptokwuk]

Lol this "Buy the dip!" bs again.
Y'all have been saying this the entire year, you have no idea how much financial and emotional trauma you are causing so many people by selling this pipedream to people that want some financial hope and stability. All just so you can sell your bags and become rich while everybody is suffering. How many times does it need to be demonstrated that this tech, specially the Bitcoin implementation does not work at a basic level.
Even the LN is a fad because it fundamentally CAN NOT work in a decentralized and secure way.

[starblocks]

Just wondering guys, you were all so confident we were in a strong bull market and would break 10k easily, looks like the opposite is becoming a reality and we're heading straight back to new lows.

Not sure where you got "easy $10,000" from but that's a pretty broad (and possibly inaccurate) generalization as the opinion in this forum varies greatly from $1,000 or less to $10,000 or more at the varying ranges of speculation

When it gets cheap it's a great opportunity to buy though

[chris200x9]

It's game over now. Going to make year lows soon and from there next stop $3000. Bitcoin failed as an experiment, as per the recent bloomberg report bitcoin payments in stores plummeted 80% and as per that other report only 2% of Koreans (the main btc country) is even considering investing in BTC.

It is all just a guessing game here because no one knows what is the reality. I would like tell that, if you believe in this crypto investment then these new lows will be a very chance to accumulate and hold them tightly. I don't know how long we may need to wait to see a good bull run but I feel it is worth to take that risk for the profit we may get in future.

All these people always give a new low target when markets are going down and the same people will start giving new high targets once the market starts moving up. Just ignore these predictions and hold tightly your coins.

[korangtahes]

today the price of bitcoin has dropped quite deep, it looks like the bear market will last for a very long time. today the price of bitcoin has dropped by as much as $ 500.

[websoftwareengineer]

Just wondering guys, you were all so confident we were in a strong bull market and would break 10k easily, looks like the opposite is becoming a reality and we're heading straight back to new lows.

The market price last december just grow so much and it was normal for the price of bitcoins to drop today since it was actually the feedback of having a high value, volatility of the market is the reason why the price today is low.

[Pursuer]

Lol this "Buy the dip!" bs again.
Y'all have been saying this the entire year, you have no idea how much financial and emotional trauma you are causing so many people by selling this pipedream to people that want some financial hope and stability. All just so you can sell your bags and become rich while everybody is suffering.

if someone is naïve enough to take effect from a random person on the internet posting a comment then he/she deserves to lose money. and we would gladly take their bitcoins from them at a discount.

How many times does it need to be demonstrated that this tech, specially the Bitcoin implementation does not work at a basic level.

then would you mind explaining to us what the hell are you doing in forum dedicated to something that doesn't work according to you?

Even the LN is a fad because it fundamentally CAN NOT work in a decentralized and secure way.

LN is already working in both secure and decentralized way... your BS is so a year ago...

[culuuton]

Just wondering guys, you were all so confident we were in a strong bull market and would break 10k easily, looks like the opposite is becoming a reality and we're heading straight back to new lows.

The high growth rate of bitcoin will give people a lot of benefits, every prediction wants to target good and people need it as a motive to store more bitcoins.

[1Referee]

Finally, the bears are back. Love it.

I was getting tired of all the $20,000 and $50,000 before the end of the year noobs.

People don't realize how toxic these bull run noobs are for the overall sentiment of the market and the ecosystem in its entirety. They aren't here for Bitcoin's utility, they are here solely to ride the hype and then shit on Bitcoin. I rather see the price go down and we get rid of these noobs than to have the price go up and still deal with them. >2017 noobs are the worst noobs I have ever seen participate in this market, and I'm not exaggerating.

If this is what mainstream adoption looks like, we'll go through worse noob cycles in the forthcoming years.

[aqila baruroh]

not a few people think that the price of bitcoin will soon return to $ 10k during yesterday's bull market, but it turns out that the bitcoin price only reached $ 8500 and returned to its lowest point.

[d5000]

People don't realize how toxic these bull run noobs are for the overall sentiment of the market and the ecosystem in its entirety. They aren't here for Bitcoin's utility, they are here solely to ride the hype and then shit on Bitcoin.

Exactly!

And if we look at the last bear market, then it was extremely productive for Bitcoin. LN, for example, was conceived in 2014/15, near the 5-year-low. And lots of new services (ATMs, for example) emerged, and lots of new markets (Asia, Africa, ...). And above all: The last bear market has told us that Bitcoin is here to stay and that its ecosystem is healthy. The 2011 bear market was the last one that really was dangerous in the sense that Bitcoin could have fallen again into complete irrelevancy.

I was absolutely sure that Bitcoin would see $3000 in this bear cycle when it hit the $6000 mark, but now I even doubt that. The $5500-6500 region has proven to be a major support, having been tested multiple times now. It may go further down, but after the price bottomed we should go up again into that region again pretty fast.

[wxa7115]

Just wondering guys, you were all so confident we were in a strong bull market and would break 10k easily, looks like the opposite is becoming a reality and we're heading straight back to new lows.

There are always people like that, in the forum there are many people that like to spread FUD an there are others that seem to live in the land where everything is spin in a positive way, I have maintained for a very long time that it is going to take a very long time before the market begins to show signs of a strong recovery.

It will probably take years, but the reason we had a recent increase in the price was the ETF and now that the decision has been delayed then the market lost interest in bitcoin for the moment, but you can be sure that when we get close to that date again the price will go up once again.

[figmentofmyass]

I was absolutely sure that Bitcoin would see $3000 in this bear cycle when it hit the $6000 mark, but now I even doubt that. The $5500-6500 region has proven to be a major support, having been tested multiple times now. It may go further down, but after the price bottomed we should go up again into that region again pretty fast.

i'm not sure of anything right now, and i've stepped away from trading until there is a clear trend or range. if the market can break above $8500, then i'd be more confident in a long sideways accumulation period. i definitely think $3000 is still a possibility (maybe further). we've spent quite a long time in this $6k-$9k range = lots of new bagholders if the bottom falls out again.

[khufuking]

Unlike most others ( mark my words ) I now believe more that we will break 15k before the end of this year $5700-$5900 then boom . In this market everyone have his own theory and you can not say it is wrong .

[Kimi80]

Well not all of us, we could find people here that are exceptions, people that didn't believe in that scenario. I personally didn't have expectations, I was just watching, monitoring what is going on. We had similar situation last time, price drop on six and something $ and then rise to eight plus. I just want to say that it is possible to hit that figure of 10k $ and at the same time it doesn't have to at all. There's possibly for that situation to repeat and therefore we all might buy some Bitcoin on current price and wait for new growth. Selling on seven thousand is 10% profit...

[Soots]

Well not all of us, we could find people here that are exceptions, people that didn't believe in that scenario. I personally didn't have expectations, I was just watching, monitoring what is going on. We had similar situation last time, price drop on six and something $ and then rise to eight plus. I just want to say that it is possible to hit that figure of 10k $ and at the same time it doesn't have to at all. There's possibly for that situation to repeat and therefore we all might buy some Bitcoin on current price and wait for new growth. Selling on seven thousand is 10% profit...

That probably happens when there's a spikes on price value of bitcoin like holding for a few months, then sell quickly. Some of the traders really applied that kind of strategies in order to earn easy money. But they didn't think about what will going to happen with the market. Well, we can't stop them because they had their own families to feed. It could have been more profit if the $10k earned will not be sold all the way, and maybe it's better to dump only what's needed to have. That's how it works in the recent activities of the current traders in every exchanges right now, so were experiencing market downfalls.

[mkhadazz]

for now there may be bad news so the price of bitcoin is very difficult to be able to make a price increase to $ 10k already very heavy and it looks like bitcoin prices this year will not be good and many will lose because of falling bitcoin prices.

[STT]

Nothing good comes easy really, I expect the bigger rise only after everyone gets gloomy and assumes we only go down.   That has appeared a few times and its then ironic we tend to rise a little as selling reaches exhaustion levels.

But nah I'm not that surprised, it takes some time for the situations to develop.  Also the Bitcoin price is in at least half also based on dollar and that includes the dollar story developing and all you might hear in the news.    I do think as BTC is global and crosses borders that it has a strong context to Dollar used as a world reserve currency, so its inverse most likely.

Last year 2017 wasnt that easy either, pretty sure we had lots of upset even if it rose alot especially at the tail end

[Frances_McGlothlin]

It's game over now. Going to make year lows soon and from there next stop $3000. Bitcoin failed as an experiment, as per the recent bloomberg report bitcoin payments in stores plummeted 80% and as per that other report only 2% of Koreans (the main btc country) is even considering investing in BTC.

What does bloomberg know? They've probably got a grip on less than 10% of the total usage of bitcoin. The number of reported bitcoin payments in stores is probably not even close to the number of unreported bitcoin transactions. That cannot be a valid argument against bitcoin.

Koreans are not the only ones in the world to use bitcoin, so that's not going to have much of an effect on prices. There are lots of other countries who have huge populations (USA, Russia, Turkey, India) that are becoming more active in bitcoin. We can't say it's over until it's actually over.

[Wind_FURY]

Just wondering guys, you were all so confident we were in a strong bull market and would break 10k easily, looks like the opposite is becoming a reality and we're heading straight back to new lows.

You heard it everyone. This is from cryptokwuk who is also known as the famous "Kwukduck". Take this as a sign to buy. Kwukduck is the best crystal ball ever for buyers. You can check his posting history, and see that within a few days, his FUD always coincides in Bitcoin touching the bottom and starts climbing again.

[Joep01]

We always keep in mind that 10k would be easy to reached, by this time bitcoin is trying to be in that way but its a hard way. We are hoping this coming Dec well be the raised of bitcoin and more than 10k that time.

[wxa7115]

Nothing good comes easy really, I expect the bigger rise only after everyone gets gloomy and assumes we only go down.   That has appeared a few times and its then ironic we tend to rise a little as selling reaches exhaustion levels.

It is not ironic, it is how the market is designed to work, many people forget that it is impossible for everyone to win since the markets are zero sum, which means that every profit someone got came from someone else, if we tossed a coin and we played the game for some time and I was up for 10 dollars then that means you are down 10 dollars, but when you add the inefficiency of the market, like transaction fees, exchanges fees and the like, then it is more likely you are down 11 or 12 dollars.

This is important because it is impossible for everyone to win, so when everyone has the attitude that we are going to the moon that is the moment to sell since it is impossible to continue that growth. but if many in the market are gloomy and think bitcoin will crash even further that is the perfect moment to buy since we come from a period in which there was a huge transfer of value from those who have no idea what they are doing to those who do.

[Capt00]

It's too early to say that bitcoin will not reach the 10k price since we have noticed that the price of bitcoin was almost repeatedly every year in the price movement in the market. Since we don't know the exact possible happen to bitcoin let's wait until this last month of the year that expected bitcoin price will go up.
For now, it's an opportunity to buy more bitcoin in the market while it is cheap because when a bull run market has come we all have a huge profit.

[jjacob]

Just wondering guys, you were all so confident we were in a strong bull market and would break 10k easily, looks like the opposite is becoming a reality and we're heading straight back to new lows.

You forgot that 1 Bitcoin is always equal to 1 Bitcoin.
BTC vs USD is fluctuating and in short term no one can predict anything, big players always try to profit, who will not sell with $1,000 profit for 1 BTC?

The 1 Bitcoin equals 1 Bitcoin statement is technically correct, but doesn't say anything else. What matters is what your Bitcoin is able to buy - Is it able to buy you a can of coke or a condo in New York.
As far as those who talk about the bounce to $10k, I think you just have to give Bitcoin some time.

[Bakemat]

We always keep in mind that 10k would be easy to reached, by this time bitcoin is trying to be in that way but its a hard way. We are hoping this coming Dec well be the raised of bitcoin and more than 10k that time.

Obviously yes you are right that bitcoins will surpass $10k dollars again because there are still a lot of people who are holding their coins today and they are just waiting for the market price to pump up.

[Rozita]

Just wondering guys, you were all so confident we were in a strong bull market and would break 10k easily, looks like the opposite is becoming a reality and we're heading straight back to new lows.

When the price is rising, people think it is supposed to always rise. When the price is falling, they think it is supposed to always fall.

[domasal]

South Korean has a lot of open trades but a lot of bitcoin transactions are unknown, think about their neighbours in the north. I'm betting they are stockpiling bitcoin without anyone knowing, and they will use it for secret trades

[bitcoin31]

10k dollars for bitcoin is easy to reach again . Why they did not reach easily? It's because the panic seller who still panicking bitcoin selling becaude their scared to lost more money. First of all before you join better to ready to wait and losing money because you need to take the risk before earn. I hope people will hold and don't be panic to see 10k dollars again.

[Frances_McGlothlin]

10k dollars for bitcoin is easy to reach again . Why they did not reach easily? It's because the panic seller who still panicking bitcoin selling becaude their scared to lost more money. First of all before you join better to ready to wait and losing money because you need to take the risk before earn. I hope people will hold and don't be panic to see 10k dollars again.

Let's start calling 10k when we see 10k. Now we've got to keep some more realistic goals in mind, like 7k. Then we'll look at 8k, 9k. They might all happen immediately after each other, or they might happen months after each other. The importance here is that we cannot have an "easy 10k" at any time. Only when we have upward momentum and strong reasons for it to move.

I don't see anything groundbreaking coming out of bitcoin in the next few months, so we'll just have to hold on and wait. Maybe we'll get a good reason soon.

[d5000]

i'm not sure of anything right now, and i've stepped away from trading until there is a clear trend or range. if the market can break above $8500, then i'd be more confident in a long sideways accumulation period.

Imo it's more important to break out of the bearish channel we're still in. Holding the $6000 area, the price has actually already broken the "ultra-short-bear-channel" which began at the 8500 high. The critical zone to break out of the mid-term bearish trend would be the $7300-7500 area (or around $7000 if the growth is slow).

i definitely think $3000 is still a possibility (maybe further). we've spent quite a long time in this $6k-$9k range = lots of new bagholders if the bottom falls out again.

Yes, but I think the buyers at $6000-9000 are not the same kind of people than the buyers at $10000 - often complete newbies trying to not "miss the FOMO train". They have already sold and are out, I think. The $6-9K buyers are mostly, imo, people more familiar with Bitcoin, who were trying to "catch a dip". Or long-term believers.

That's why I think while $3000 definitively is still a possibility, I guess the crash down to there will be less harsh than the crashes we've seen earlier this year. In 2014/15, a similar pattern could be observed (mostly between October and early January): The longer the bear market progressed, the less harsh the crashes were, with the exception of the final, "cathartic" $135 dip (which got eaten in a few days). So we'll probably see a relatively quiet sideways-to-bearish phase.

[gabmen]

Just wondering guys, you were all so confident we were in a strong bull market and would break 10k easily, looks like the opposite is becoming a reality and we're heading straight back to new lows.

New lows, i don't think so. But a lot of expectations oncr again has been crushed lol. I think that's just how a lot of people react to volatility. When the market rises a bit, they'd expect a bull run, when it goes back down they'll say it's the end of btc lol.

[wxa7115]

10k dollars for bitcoin is easy to reach again . Why they did not reach easily? It's because the panic seller who still panicking bitcoin selling becaude their scared to lost more money. First of all before you join better to ready to wait and losing money because you need to take the risk before earn. I hope people will hold and don't be panic to see 10k dollars again.

If it was that easy to get to the 10k mark don't you think we should already be there? The fact that is proving too difficult to even get close to it should be proof enough that the predictions of many people about the price were wrong, I see this many times someone makes a prediction and then when it does not happen instead of admitting their mistake they look for excuses.

The market is not wrong and it cannot possibly be wrong, this is a basic principle of science and one that is important for self improvement, if your theory does not match the reality in front of your eyes then discard the theory because it is mistaken, bitcoin will surely recover and reach that price again but it is going to take more time than what many predicted.

[cellard]

Finally, the bears are back. Love it.

I was getting tired of all the $20,000 and $50,000 before the end of the year noobs.

People don't realize how toxic these bull run noobs are for the overall sentiment of the market and the ecosystem in its entirety. They aren't here for Bitcoin's utility, they are here solely to ride the hype and then shit on Bitcoin. I rather see the price go down and we get rid of these noobs than to have the price go up and still deal with them. >2017 noobs are the worst noobs I have ever seen participate in this market, and I'm not exaggerating.

If this is what mainstream adoption looks like, we'll go through worse noob cycles in the forthcoming years.

The kwukduck bullish indicator is right back in time

But I would like to see the original account calling the bear shoots. Perhaps he doesn't want to risk his reputation with his Legendary account? But then again, how many times has kwukduk been wrong by then? probably on the 100ths... considering every single post he ever did was calling out a bear market.

I want to see him around when we hit an ATH again just to see what he has to say. Probably will start calling the next crash. "We are going back to $30,000!!"

[andohyeb]

I guess is the anticipation that traders had concerning the ETF from Security and Exchange commission that gave the idea that bitcoins was going straight to 10,000$ but I don't think it can reach 10k anytime soon. Unless there is a consistent news over time, the price of bitcoin will continue to be at below 7000 usd.

[Johnyz]

Just wondering guys, you were all so confident we were in a strong bull market and would break 10k easily, looks like the opposite is becoming a reality and we're heading straight back to new lows.

New lows, i don't think so. But a lot of expectations oncr again has been crushed lol. I think that's just how a lot of people react to volatility. When the market rises a bit, they'd expect a bull run, when it goes back down they'll say it's the end of btc lol.

Yeah, they set too much expectation on bitcoin and if they failed to achieve it they will spread news that bitcoin is kind of shit coin. A lot of people think we can easily break $10k level because they believe on bitcoin but it doesn't mean it will happen easily because this market is highly volatile that can change the price movements easily.

[STT]

10,000 as a price is easy.   Can happen any day, all it takes is some shock event or unexpected turn in various factors that influence Bitcoin.   It can happen while you sleep, dont be seriously surprised if it does thats why people hold half the time.     The reason BTC can go to 10k quite easy is the limited supply from natural block discovery, the only source outside that is people selling on exchanges.     If the crowd turns bullish then it can turn suddenly and fast.

The point I really meant to say is 10k by itself dont matter that much, its the depth and conviction people have when we are at 10k.   Because as a price we can hit 10k and lose it just as fast, the shock news can be disqualified or discarded within 24hr.    Generally I hope for really positive news, the kind of tech development that makes people think well I could never do that otherwise, thats new and I have to get that product now.  BTC is cutting edge so its definitely possible imo

[irsada]

Yes, I also thought about it, by going through the correct positive news the 10k price was easy to achieve by bitcoin.
what we need is just a good moment to race without limits like last year.

[Ridwan Fauzi]

Just wondering guys, you were all so confident we were in a strong bull market and would break 10k easily, looks like the opposite is becoming a reality and we're heading straight back to new lows.

Maybe now isn't a time for bull run, our chances are still too much towards bearish, we always found the incident and we should understand, this matter we have faced several times. Just seeing the predictions of some experts, bitcoin prices will decline to the price of $ 4000 and thereafter will find a bull run to the price of $10000 and more. We are ready to face this, profit is in sight.

[wuvdoll]

Just wondering guys, you were all so confident we were in a strong bull market and would break 10k easily, looks like the opposite is becoming a reality and we're heading straight back to new lows.

I believe its still there. Do you really not believe the bitcoin price will be $10k? I think we all know that bitcoin will be $10k , maybe tomorrow maybe in 2019 march, maybe 2020, who knows yet we know it WILL happen, just not when. So why not invest now?

Well because maybe it will go down further, maybe it will stay here longer, why invest now when its not moving and just wait until it looks like it will be ready for investing. You can also invest now too and just wait this bear market out and in the end honestly would you be surprised if bitcoin was $8k in 2 weeks ? I wouldn't be, that is over 20%+ in price increase. That is more than any bank will ever offer.

[markdario112616]

I believe its still there. Do you really not believe the bitcoin price will be $10k? I think we all know that bitcoin will be $10k , maybe tomorrow maybe in 2019 march, maybe 2020, who knows yet we know it WILL happen, just not when. So why not invest now?

This industry is full of, what ifs, maybes and etc. Though, I could agree that no one knows what will happen nor even no one could easily predict the outcome of these industry for the succeeding days, weeks and years. However, There's also a chance that Bitcoin nor this cryptoworld could exit without any premonitions or something "who knew?". So, It's easy to say to invest as long as it is low, but still one must conduct it's own study first before engaging in any investment/s especially that there's a money involved.

Though, it's really ideal to invest now given that the rates are low. Just a simple reminder for those who are still "New" to the industry to just Risk only what you can afford.

[Clark05]

Bitcoin is really easy to become 10k dollars even in 1 week only we can reach that. The reason why the price is still dumping because of the panic seller. I hope those panic seller will stop panicking and become relax now to pump again the market.

[1Referee]

But I would like to see the original account calling the bear shoots. Perhaps he doesn't want to risk his reputation with his Legendary account? But then again, how many times has kwukduk been wrong by then? probably on the 100ths... considering every single post he ever did was calling out a bear market.

I want to see him around when we hit an ATH again just to see what he has to say. Probably will start calling the next crash. "We are going back to $30,000!!"

Yeah, kwukduck definitely doesn't care about his account reputation.

I'm afraid that has been banned since his last activity dates from late February this year.

Or perhaps he isn't banned and it's a sign that there isn't much for him to fud about with how he believes that ~$5800 is somewhat of an ultimate bottom and the market will remain neutral for a long time. Either way, it would be good to see him come back because his bearish trash talk means the price will go up and up. His silence is somewhat indicative of the boring market we're in.

[Slow death]

Just wondering guys, you were all so confident we were in a strong bull market and would break 10k easily, looks like the opposite is becoming a reality and we're heading straight back to new lows.

see that 10 days have passed and the price has not reached the $ 10,000 and to be more accurate has a long time that we do not see this price of $ 10,000, unfortunately we have many analysts who are making very optimistic forecasts and these predictions never come true , they only create expectations in people and after a while people disappoint. I do not even believe these predictions. In my opinion the price will increase when we have more demand and we should not be too optimistic.

[ThKevin]

Just wondering guys, you were all so confident we were in a strong bull market and would break 10k easily, looks like the opposite is becoming a reality and we're heading straight back to new lows.

see that 10 days have passed and the price has not reached the $ 10,000 and to be more accurate has a long time that we do not see this price of $ 10,000, unfortunately we have many analysts who are making very optimistic forecasts and these predictions never come true , they only create expectations in people and after a while people disappoint. I do not even believe these predictions. In my opinion the price will increase when we have more demand and we should not be too optimistic.

Yes that is right that in 2018 most of the prediction proved as wrong, even analysis of the expert analysts proved as wrong. For the whole year bitcoin price remain uncertain and no one was too much confident about the bitcoin price that what will happen to bitcoin price in future.

[entrepmind23]

see that 10 days have passed and the price has not reached the $ 10,000 and to be more accurate has a long time that we do not see this price of $ 10,000, unfortunately we have many analysts who are making very optimistic forecasts and these predictions never come true ,
they only create expectations in people and after a while people disappoint. I do not even believe these predictions. In my opinion the price will increase when we have more demand and we should not be too optimistic.

Yeah, right. We should just hope for the best but then be prepared for the worst as well. Just think of the possibility that the price would go down again below $5k. Are you ready for it? Do you plan to buy more when this price would be reach or you would sell all your coins and then leave cryptocurrency world for good? We should just have a plan so that we will now panic sell when that time comes. $10k is still reachable and 2017 surprise us but will it happen again this year? We should be ready always for what is yet to come.

[BorisVirla]

If the price is below 4 thousand I will forget about bitcoin.

[zazarb]

Easy 10k could happen immediately in couple days, because it is unpredictable, no one really know how the price will move. All we really could know that in a healthy market  prices always fluctuate, prices could go straigt up and then straight down. So everything is good with currently price of Bitcoin, need to wait more and see what will happen

[krauzzer02]

It was resisting to go back below $5k or less so there would be no new lows last bottom price was almost $5800, so $10k is reachable this month? bitcoin is special because it is mostly unpredictable, there's an instance that when you waked up from sleeping the price increased tremendously and that movement happens overnight, only the newbies are saying it is an easy profit, $10k is possible but there's no exact guarantee as to when it will hit.

[kominfo.id]

it seems that the price will be very difficult to increase the price of bitcoin, the price of bitcoin can again increase prices when there is good news that can trigger investors to buy bitcoin.

[cellard]

Just wondering guys, you were all so confident we were in a strong bull market and would break 10k easily, looks like the opposite is becoming a reality and we're heading straight back to new lows.

see that 10 days have passed and the price has not reached the $ 10,000 and to be more accurate has a long time that we do not see this price of $ 10,000, unfortunately we have many analysts who are making very optimistic forecasts and these predictions never come true , they only create expectations in people and after a while people disappoint. I do not even believe these predictions. In my opinion the price will increase when we have more demand and we should not be too optimistic.

We also have many analysis making super bearish trends, like the Hyperwave guy, I don't know his name, but he claims sub $1000 BTC before a bottom is reached. Someone will get really bad on the bear side, just like on the bull side. It's all about finding coming growth and not being shaken out of your position because this or that analyst said whatever. Remember that we had PhD's saying that Bitcoin was going to be traded for under $10 in 2014, see how that went for the people that actually paid attention to them because "they have PhDs" and shit.

If you just try to accumulate on the dips and wait for the graph to flatten out, because it must look nice and flat for a while before it goes ATH again, you will be ok, just don't panic and have some patience (patience being, being able to hold below $10k for a long time, even an entire year).

[Wind_FURY]

Am I the only one who would be very very happy if the "Hyperwave" guy was right, that Bitcoin will crash to $1000? Haha.

It would surely make a nice Christmas present if we could buy that low again.

[d5000]

Am I the only one who would be very very happy if the "Hyperwave" guy was right, that Bitcoin will crash to $1000? Haha.

It would surely make a nice Christmas present if we could buy that low again.

But are you sure your investment will reach a new ATH after such a massive crash?

My problem with $1000 is that this would mean a 95% devaluation from the ATH. That would be the most massive crash/bear market in Bitcoin's history: even the 2011 post-bubble bear market only reached 92% or so ($30 to $2). The 2013-15 bear market only devalued BTC by 87% approximately ($1160 to $135).

In theory, with more adoption a decrease in volatility could be expected. If volatility now rose again, then this could be a long-term trend change. I guess that would only happen if there are massive problems with Bitcoin's value proposition.

There's absolutely no guarantee that we'll see new all time highs, and there will be no "magical way" to be rich. I continue to sustain the hypothesis that we, as the community, can make Bitcoin big, _using_ it, but it won't be big on its own "only because it's Bitcoin".

[Wind_FURY]

Am I the only one who would be very very happy if the "Hyperwave" guy was right, that Bitcoin will crash to $1000? Haha.

It would surely make a nice Christmas present if we could buy that low again.

But are you sure your investment will reach a new ATH after such a massive crash?

I am very confident it will reach a new all time high of a minimum of 6 digits.

My problem with $1000 is that this would mean a 95% devaluation from the ATH. That would be the most massive crash/bear market in Bitcoin's history: even the 2011 post-bubble bear market only reached 92% or so ($30 to $2). The 2013-15 bear market only devalued BTC by 87% approximately ($1160 to $135).

But think what Bitcoin is. It is still the biggest break-through in money and finance that we have seen. It is not a consumer product for payments. Bitcoin is hard money. If you believe it has no future because "crash", then no one can convince someone who is looking at the finger pointing to the moon, while missing all the heavenly glory.

In theory, with more adoption a decrease in volatility could be expected. If volatility now rose again, then this could be a long-term trend change. I guess that would only happen if there are massive problems with Bitcoin's value proposition.

There's absolutely no guarantee that we'll see new all time highs, and there will be no "magical way" to be rich. I continue to sustain the hypothesis that we, as the community, can make Bitcoin big, _using_ it, but it won't be big on its own "only because it's Bitcoin".

Then you can sell if you want. I am buying the dips.

[loverets45]

it seems that the price will be very difficult to increase the price of bitcoin, the price of bitcoin can again increase prices when there is good news that can trigger investors to buy bitcoin.

We are hopeful that it will happen in future, but currently the postponement of ETF made some doubt and therefore still most of the investors are still not feeling confident to invest their money in bitcoin. I

[Slow death]

see that 10 days have passed and the price has not reached the $ 10,000 and to be more accurate has a long time that we do not see this price of $ 10,000, unfortunately we have many analysts who are making very optimistic forecasts and these predictions never come true ,
they only create expectations in people and after a while people disappoint. I do not even believe these predictions. In my opinion the price will increase when we have more demand and we should not be too optimistic.

Yeah, right. We should just hope for the best but then be prepared for the worst as well. Just think of the possibility that the price would go down again below $5k. Are you ready for it? Do you plan to buy more when this price would be reach or you would sell all your coins and then leave cryptocurrency world for good? We should just have a plan so that we will now panic sell when that time comes. $10k is still reachable and 2017 surprise us but will it happen again this year? We should be ready always for what is yet to come.

Just use the strategy of buying whenever prices fall and hold for many years, this is the only possible choice where people avoid buying and selling with losses. But to implement this strategy people should not make loans to buy bitcoin, people should not use money they know they will need in the short term to buy bitcoin. In short, for those who have extra money, this market can be very profitable and one does not need to be panic every time the price falls. The biggest obstacle that is preventing crypto from increasing prices are very exaggerated and very rigorous regulations. see an example:

Japan’s Financial Regulator Wants Crypto Industry to ‘Grow Under Appropriate Regulation’

“We have no intention to curb [the crypto industry] excessively. We would like to see it grow under appropriate regulation.”

 this " appropriate regulation " is very dangerous

[Wind_FURY]

If Japan plans to "curb" it, Bitcoin's use will still continue to grow and pass through their internet lines without being the end-point. That would be a disadvantage as it would mean less taxes to collect because of less merchant adoption.

[Pursuer]

Japan’s Financial Regulator Wants Crypto Industry to ‘Grow Under Appropriate Regulation’

“We have no intention to curb [the crypto industry] excessively. We would like to see it grow under appropriate regulation.”

 this " appropriate regulation " is very dangerous

so far Japanese government laws about bitcoin has not been "dangerous" and I don't see why this has to change. although there is always a chance when it comes to government regulating things!
I believe t his is yet another bad consequence of ICOs and their long history of scams and free money from thin air situation that is forcing the government's hands to regulate cryptocurrencies excessively...

[d5000]

But think what Bitcoin is. It is still the biggest break-through in money and finance that we have seen. It is not a consumer product for payments. Bitcoin is hard money. If you believe it has no future because "crash", then no one can convince someone who is looking at the finger pointing to the moon, while missing all the heavenly glory.

Satoshi's Bitcoin code is the breakthrough, not the Bitcoin token. The Bitcoin token's price depends on the market situation and above all, the complete ecosystem of users, merchants, developers etc. surrounding it (you can also call it "network effect").

A crash to $1000 would, in the current situation, very likely mean that the confidence in the ecosystem is broken.

For such a heavy crash to happen, I guess these things could be possible reasons:
- It becomes obvious that Bitcoin will never be used as a currency and so it is basically an useless asset.
- An alternative implementation of Satoshis code ("altcoin") is valued as superior than the current Bitcoin token by the markets ("Flippening")
- An invention that is valued even better than Satoshi's code and competes with it
- External effects, like very strict regulations.
- Technical limitations without solution (e.g. "LN does not work as expected")

I don't want that to happen, but it's not impossible.

Then you can sell if you want. I am buying the dips.

I think you misunderstand. I'm (long-term) bullish on Bitcoin, but not unconditionally - its ecosystem/usage/network must become stronger.

[nydiacaskey01]

At current price of Bitcoin of $6,400 USD, breaking to $10,000 USD is very much possible.One reason is $6,400 USD to $10,000 USD is just 50% increase and we have seen this much growth from the past. Just wait till the Chinese Ghost month is over and you'll see the price of Bitcoin to slowly recover and go back to 5 digits.

[STT]

Is China still the decider for Bitcoin, I thought they were not as involved as previously and it was places like South Korea and Japan maybe taking up the mantle of integration and usage.

- It becomes obvious that Bitcoin will never be used as a currency and so it is basically an useless asset.

well we need not fear that because Bitcoin is already used as money.  Even the biggest bears on the crypto currency standard will acknowledge Bitcoin as money alongside many other historical but unlikely tokens such as feathers and beads.
On the other hand how well it transmits and holds value is under strong debate still.

BTC is evolving thats the biggest deal not really mentioned.   We can speculate on how BTC will do but as it is subject to change and improvement even, nobody really knows for sure how well it will fair in future.    Unfortunately BTC is still subject to much speculation when I would really like to see actual trade rising and so supporting the development long term

[Wind_FURY]

But think what Bitcoin is. It is still the biggest break-through in money and finance that we have seen. It is not a consumer product for payments. Bitcoin is hard money. If you believe it has no future because "crash", then no one can convince someone who is looking at the finger pointing to the moon, while missing all the heavenly glory.

Satoshi's Bitcoin code is the breakthrough, not the Bitcoin token. The Bitcoin token's price depends on the market situation and above all, the complete ecosystem of users, merchants, developers etc. surrounding it (you can also call it "network effect").

I never said the token was the breakthrough. I refer to the Bitcoin as a whole that what's makes the token valuable and what makes it "hard money". The "tokens" are a means to incentivize the miners and a way to distribute the money supply in the system. It is a stroke of genius.

Plus the code was not the breakthrough, it was the putting together of the different available technologies to make something else.

A crash to $1000 would, in the current situation, very likely mean that the confidence in the ecosystem is broken.

For such a heavy crash to happen, I guess these things could be possible reasons:
- It becomes obvious that Bitcoin will never be used as a currency and so it is basically an useless asset.
- An alternative implementation of Satoshis code ("altcoin") is valued as superior than the current Bitcoin token by the markets ("Flippening")
- An invention that is valued even better than Satoshi's code and competes with it
- External effects, like very strict regulations.
- Technical limitations without solution (e.g. "LN does not work as expected")

I don't want that to happen, but it's not impossible.

Bitcoin has the smartest developers working on it. If there was a loss of confidence in it, then those dumping to hold fiat or worse, an altcoin, would be missing one of the greatest inventions in history. Bitcoin's invention is the same as the invention of the airplane, the telephone, the internet.

Then you can sell if you want. I am buying the dips.

I think you misunderstand. I'm (long-term) bullish on Bitcoin, but not unconditionally - its ecosystem/usage/network must become stronger.

Do you believe that we as humans are still evolving? I do, and a censorship resistant, hard money is part of our social evolution.

[websoftwareengineer]

it seems that the price will be very difficult to increase the price of bitcoin, the price of bitcoin can again increase prices when there is good news that can trigger investors to buy bitcoin.

The price is not difficult to increase, People can always invest a huge amount which will make the price of cryptocurrencies in the market to pump up again but they are just waiting for the market to dump even more before hoarding more coins.

[Stolivie]

Bitcoin is really easy to become 10k dollars even in 1 week only we can reach that. The reason why the price is still dumping because of the panic seller. I hope those panic seller will stop panicking and become relax now to pump again the market.

People were in fact waiting for the ETF to approved but unfortunately the delay in ETF decision made people disappointed and that is the reason that still the bitcoin price is trading under 7000$ which is still a very low price for bitcoin, I am hopeful that bitcoin investors will get their confident and will start to do investment in bitcoin.

[bittraffic]

What happened is that $10K break isn't so easy after all. There ain't just someone who can easily predict where the market is going specially this crypto market because its unregulated, its the risk you should know right when you joined the community to invest. Some of the people here in the crypto just had so much money that they can survive when the market keeps the bear trend for more than 2 years.

[LordShanken]

Just wondering guys, you were all so confident we were in a strong bull market and would break 10k easily, looks like the opposite is becoming a reality and we're heading straight back to new lows.

But most of those speculations were told that this situation will happen in this year, we have 4 months more to see price like that so be a little bit more patient cause that situation still could come.

[begau]

Just wondering guys, you were all so confident we were in a strong bull market and would break 10k easily, looks like the opposite is becoming a reality and we're heading straight back to new lows.

But most of those speculations were told that this situation will happen in this year, we have 4 months more to see price like that so be a little bit more patient cause that situation still could come.

I think not all are confident, many are not confident but they want to dream about the future. There are a lot of comments about the price of bitcoin which is very cheap but not many people are really buying.

[Aikidoka]

Those people, who were confident, were cheering for bitcoin in its ups, and complaining when it has fallen. Do not trust those people. But either way, is it not quite good? Bitcoin is a long-term investment. You do not wake in the morning to find yourself rich or with a good profit. It might take you many mornings to wake up and see that the price increased. All of you need to be patient. This is a good way to learn what patience really is!

[d5000]

Satoshi's Bitcoin code is the breakthrough, not the Bitcoin token. The Bitcoin token's price depends on the market situation and above all, the complete ecosystem of users, merchants, developers etc. surrounding it (you can also call it "network effect").

I never said the token was the breakthrough. I refer to the Bitcoin as a whole that what's makes the token valuable and what makes it "hard money".

Yep, here we agree - but the "hard money" status can be lost. Every decentralized altcoin (there are not many, but some, like Monero or Namecoin) could achieve the same status.

A crash to $1000 would, in the current situation, very likely mean that the confidence in the ecosystem is broken.

Bitcoin has the smartest developers working on it. If there was a loss of confidence in it, then those dumping to hold fiat or worse, an altcoin, would be missing one of the greatest inventions in history. Bitcoin's invention is the same as the invention of the airplane, the telephone, the internet.

The question is: Are we still using airplanes of the Wright brothers? Cars of Nicholas Cugnot? An altcoin based on Bitcoin's principles is also "Bitcoin" in the same sense than a Boeing is an airplane. It's the same invention. It's only another token (i.e. we are making rich another people, not the original inventors). I even dispute that Bitcoin should make rich someone. It should be successful as a currency, not as a get-rich scheme.

Ecosystems can change. It could even happen that the current Bitcoin devs change to another token ecosystem - just like Gavin did when he changed to BCH. (Again: I wouldn't like that.)

Do you believe that we as humans are still evolving? I do, and a censorship resistant, hard money is part of our social evolution.

Agree here. I would also like Bitcoin - or at least, an equally decentralized cryptocurrency - conserve the leadership ahead of semi-centralized, "semi-censorship-resistant" projects like EOS.

But the point is another one: I would simply not be happy with a crash to $1000. I would be still happy with a crash to $3000 or $2500, because that would mean no major disruption, we already had that. A 95% crash, however, is a bit deep, and I don't believe that it would only happen because of panic and FUD.

[exstasie]

Bitcoin has the smartest developers working on it. If there was a loss of confidence in it, then those dumping to hold fiat or worse, an altcoin, would be missing one of the greatest inventions in history. Bitcoin's invention is the same as the invention of the airplane, the telephone, the internet.

I agree, but the future is not set in stone. The prospects are quite good, but there are many unknowns, and markets are not necessarily logical.

There could be existential vulnerabilities or protocol failures, for example. There are also cases where a superior technology was beaten by an inferior one and abandoned (Betamax vs. VHS comes to mind). Other technologies may emerge that cast doubt on the viability or worthiness of Bitcoin. After all, this all boils down to faith. If users generally lose faith (for whatever reason), it's all over. We can't rule that out.

[valentinen39]

Those people, who were confident, were cheering for bitcoin in its ups, and complaining when it has fallen. Do not trust those people. But either way, is it not quite good? Bitcoin is a long-term investment. You do not wake in the morning to find yourself rich or with a good profit. It might take you many mornings to wake up and see that the price increased. All of you need to be patient. This is a good way to learn what patience really is!

In my own opinion, those people are not confident but they are just investing on an asset that is really valuable, bitcoins is the best investment that you can make today because the market prices are increasing.

[gabmen]

Just wondering guys, you were all so confident we were in a strong bull market and would break 10k easily, looks like the opposite is becoming a reality and we're heading straight back to new lows.

But most of those speculations were told that this situation will happen in this year, we have 4 months more to see price like that so be a little bit more patient cause that situation still could come.

I think not all are confident, many are not confident but they want to dream about the future. There are a lot of comments about the price of bitcoin which is very cheap but not many people are really buying.

I don't think a lot of people blabbering about how btc will easily get to 10k really know what they're talking about though. And i agree, not many of those saying that it's a good time to buy are actually doing that. All words. And then they keep mum when they're predictions end up wrong.

[Wind_FURY]

Satoshi's Bitcoin code is the breakthrough, not the Bitcoin token. The Bitcoin token's price depends on the market situation and above all, the complete ecosystem of users, merchants, developers etc. surrounding it (you can also call it "network effect").

I never said the token was the breakthrough. I refer to the Bitcoin as a whole that what's makes the token valuable and what makes it "hard money".

Yep, here we agree - but the "hard money" status can be lost. Every decentralized altcoin (there are not many, but some, like Monero or Namecoin) could achieve the same status.

Monero I can accept that it can also be a store of value, and can be the same as Bitcoin in becoming a medium of exchange, and a unit of account. But Namecoin is "dead" in my opinion.

A crash to $1000 would, in the current situation, very likely mean that the confidence in the ecosystem is broken.

Bitcoin has the smartest developers working on it. If there was a loss of confidence in it, then those dumping to hold fiat or worse, an altcoin, would be missing one of the greatest inventions in history. Bitcoin's invention is the same as the invention of the airplane, the telephone, the internet.

The question is: Are we still using airplanes of the Wright brothers? Cars of Nicholas Cugnot? An altcoin based on Bitcoin's principles is also "Bitcoin" in the same sense than a Boeing is an airplane. It's the same invention. It's only another token (i.e. we are making rich another people, not the original inventors). I even dispute that Bitcoin should make rich someone. It should be successful as a currency, not as a get-rich scheme.

I believe you are trapped in the idea that Bitcoin is an "old" technology. But it is not. It has the most advanced research and development in a cryptocurrency in terms of security, stability, and scalability.

Ecosystems can change. It could even happen that the current Bitcoin devs change to another token ecosystem - just like Gavin did when he changed to BCH. (Again: I wouldn't like that.)

It was politics that made Gavin change. Bitcoin is developing well without him.

Do you believe that we as humans are still evolving? I do, and a censorship resistant, hard money is part of our social evolution.

Agree here. I would also like Bitcoin - or at least, an equally decentralized cryptocurrency - conserve the leadership ahead of semi-centralized, "semi-censorship-resistant" projects like EOS.

Hahaha. No comment.

But the point is another one: I would simply not be happy with a crash to $1000. I would be still happy with a crash to $3000 or $2500, because that would mean no major disruption, we already had that. A 95% crash, however, is a bit deep, and I don't believe that it would only happen because of panic and FUD.

Ok.

[Thanasis]

The price of bitcoin strongly stick at the range of $6000 to $6500 for almost couple of weeks other than there was a few day bump to $8500 due to ETF speculations but now the market looks constant with accepted price swings everyday so for now this is organic growth of bitcoin so let that to recover on it own.

[buwaytress]

Satoshi's Bitcoin code is the breakthrough, not the Bitcoin token. The Bitcoin token's price depends on the market situation and above all, the complete ecosystem of users, merchants, developers etc. surrounding it (you can also call it "network effect").

I never said the token was the breakthrough. I refer to the Bitcoin as a whole that what's makes the token valuable and what makes it "hard money".

Yep, here we agree - but the "hard money" status can be lost. Every decentralized altcoin (there are not many, but some, like Monero or Namecoin) could achieve the same status.

Monero I can accept that it can also be a store of value, and can be the same as Bitcoin in becoming a medium of exchange, and a unit of account. But Namecoin is "dead" in my opinion.

Of course every decentralised altcoin can achieve the same status - and I would definitely agree that the likes of Monero have to some extent achieved this, but for the time being, in a very niche section of crypto users. In fact, Bitcoin users themselves I consider are still being a very niche section of money users, when you remove all those Bitcoin holders or investors who either never truly controlled private keys nor ever made a transaction that wasn't for speculative trading.

I'd like to use analogies of paper money. There's plenty of new technologies used in, for example, Bruneian and Singaporean dollars. They're among the first to pioneer new paper tech, new fabrics, holographic security, threaded security, etc. And sure, they've achieved their own status of being hard money, but will never get the network effect of USD or euro.

A crash to $1000 would, in the current situation, very likely mean that the confidence in the ecosystem is broken.

Bitcoin has the smartest developers working on it. If there was a loss of confidence in it, then those dumping to hold fiat or worse, an altcoin, would be missing one of the greatest inventions in history. Bitcoin's invention is the same as the invention of the airplane, the telephone, the internet.

If Bitcoin "crashes" to $1000 it would still be more than 9 times the value of what it was when I first encountered it, and more than twice what it was when I first opened my wallet.

If people lose confidence in Bitcoin, they would have lost confidence in the entire cryptocurrency idea. If there's any coin that's advocated for and preserved cryptocurrency, it's Bitcoin. They're mentioned in the same breath.

[bitbunnny]

I don't agree at all that reaching 10000$ price is easy.
For a longer period of time Bitcoin sticks about 6000$ and current conditions on the market and investor behaviour are not showing that Bitcoin price might rise so high so easily.
To my opinion Bitcoin will stay "stuck" like this for some period of time and some biger movements we might expect towards the end of the year.

[1Referee]

If people lose confidence in Bitcoin, they would have lost confidence in the entire cryptocurrency idea. If there's any coin that's advocated for and preserved cryptocurrency, it's Bitcoin. They're mentioned in the same breath.

Yup. People still don't understand that the only reason altcoins have their current value, is because Bitcoin largely donated it to them. If you take away Bitcoin, the altcoin market will lose 90% of its value in an instant. Bitcoin is the backbone of crypto in its entirety and the main benchmark of how healthy this industry really is.

The strength of this industry is Bitcoin's supremacy, and the fact that it doesn't follow the basic laws of technology in the way that better tech replaces older tech.

It's going to be very interesting in the coming years to see whether or not Ethereum has reached the same level of supremacy amongst the competitors in its own field. I personally think we can definitely see EOS make a move towards Ethereum in the coming year or two.

[boakyei]

That's fine, it really happens in crypto and it's not actually surprising. Not all we are expecting were going to happen especially crypto is really unpredictable. That's what they say expect the unexpected. Maybe we didn't get it in the last rise, we still have some other time and for sure were going to reached it soon.

Thats the pro idea of investing. Nothing is surprise because the easy 10,000 price which was predicted even as the price hit 8000 were forecast and if it didn't hit that it doesn't means it won't ever get to that price.

[the1arty]

Just wondering guys, you were all so confident we were in a strong bull market and would break 10k easily, looks like the opposite is becoming a reality and we're heading straight back to new lows.

Noone promised here easy money, that is all hard earned money or huge risks been taken. Well, surely there is a luck presence for sure, but I would prefer fundamental analysis.
You got 2 ways, to trade or just buy and hodl, decide which works best for you.

[Wind_FURY]

Satoshi's Bitcoin code is the breakthrough, not the Bitcoin token. The Bitcoin token's price depends on the market situation and above all, the complete ecosystem of users, merchants, developers etc. surrounding it (you can also call it "network effect").

I never said the token was the breakthrough. I refer to the Bitcoin as a whole that what's makes the token valuable and what makes it "hard money".

Yep, here we agree - but the "hard money" status can be lost. Every decentralized altcoin (there are not many, but some, like Monero or Namecoin) could achieve the same status.

Monero I can accept that it can also be a store of value, and can be the same as Bitcoin in becoming a medium of exchange, and a unit of account. But Namecoin is "dead" in my opinion.

Of course every decentralised altcoin can achieve the same status - and I would definitely agree that the likes of Monero have to some extent achieved this, but for the time being, in a very niche section of crypto users. In fact, Bitcoin users themselves I consider are still being a very niche section of money users, when you remove all those Bitcoin holders or investors who either never truly controlled private keys nor ever made a transaction that wasn't for speculative trading.

I'd like to use analogies of paper money. There's plenty of new technologies used in, for example, Bruneian and Singaporean dollars. They're among the first to pioneer new paper tech, new fabrics, holographic security, threaded security, etc. And sure, they've achieved their own status of being hard money, but will never get the network effect of USD or euro.

A crash to $1000 would, in the current situation, very likely mean that the confidence in the ecosystem is broken.

Bitcoin has the smartest developers working on it. If there was a loss of confidence in it, then those dumping to hold fiat or worse, an altcoin, would be missing one of the greatest inventions in history. Bitcoin's invention is the same as the invention of the airplane, the telephone, the internet.

If Bitcoin "crashes" to $1000 it would still be more than 9 times the value of what it was when I first encountered it, and more than twice what it was when I first opened my wallet.

If people lose confidence in Bitcoin, they would have lost confidence in the entire cryptocurrency idea. If there's any coin that's advocated for and preserved cryptocurrency, it's Bitcoin. They're mentioned in the same breath.

Plus I do not know why some altcoiners believe Bitcoin's death will take their altcoins to the position of the "greatest cryptocurrency". I believe Bitcoin's death will also take the whole altcoin market down to their own deaths.

[ngacengan]

maybe a few weeks ago the price of bitcoin could reach a price of $ 10k and it was very easy because there was good news that made investors buy a lot of coins with a lot so it made the price of bitcoin expensive quickly.

[Temujhin]

Many people are too ambitious with the news unclear about the truth, we see that the reality is that reaching $ 8,000 is very difficult, moreover, $ 10k is not very easy to reach the end of this year, and the price is now stuck in silence at $ 6500 whether this will last until ahead, I still think for that

[checkmatesir]

Yes, I also thought about it, by going through the correct positive news the 10k price was easy to achieve by bitcoin.
what we need is just a good moment to race without limits like last year.

The previous bullish market was because of some very good news about the bitcoin. For example at that time Japan was the very first country who accept  bitcoin as legal currency. At that time people were too much confident that the bitcoin price is going to reach to 100k and therefore they continued buying bitcoin even above 19k.

[DeadCoin]

We can expect this 10k by the end of this year. Fromnthis year started itself there is no significant growth in the bitcoin value. But now the price started to rise, people are expecting this growth only. If it continious means easily it will touch the 10k by the end of this year.  You have to do two things only one is trade and another one is hołd. Just hold the bitcoin with patience.

[KalaiBTC]

We can expect this 10k by the end of this year. Fromnthis year started itself there is no significant growth in the bitcoin value. But now the price started to rise, people are expecting this growth only. If it continious means easily it will touch the 10k by the end of this year.  You have to do two things only one is trade and another one is hołd. Just hold the bitcoin with patience.

Value of Bitcoin is currently 7340 US dollar and we do not have to think about further increase in price but should start to buy more in numbers if you have more savings then go for it right na na. I also want to reach at the bull market right now but that is not possible as situations are not different as it were few months ago. All we need is to wait and have patience in this market so that we will get success at the end.

[d5000]

I believe you are trapped in the idea that Bitcoin is an "old" technology. But it is not. It has the most advanced research and development in a cryptocurrency in terms of security, stability, and scalability.

No. Currently I see Bitcoin still on the forefront. It's not "old" in any way, because most "new altcoin features" are not really relevant, and Bitcoin continues to improve steadily. I only question the conviction that this cannot change at some point.

I'd like to use analogies of paper money. There's plenty of new technologies used in, for example, Bruneian and Singaporean dollars. They're among the first to pioneer new paper tech, new fabrics, holographic security, threaded security, etc. And sure, they've achieved their own status of being hard money, but will never get the network effect of USD or euro.

But that's imo only because, in the fiat world, only currencies of big countries with several millions or billions of inhabitants and active trade with the rest of the world can achieve a "world currency" status, because they depend on usage (by individuals and companies) in their "home" country. In the crypto world, no currency has this limitation.

If we stay with the Monero example, it may be a niche today, but it's not limited to it, it could grow (almost) in an unlimited way regarding adoption, as it's also a "global" currency. For example, if extreme privacy achieved a higher valuation for people (e.g. if more countries become authoritarian), then the Monero way could be more attractive that the Bitcoin way. However, for now I don't see that happen.

If people lose confidence in Bitcoin, they would have lost confidence in the entire cryptocurrency idea. If there's any coin that's advocated for and preserved cryptocurrency, it's Bitcoin. They're mentioned in the same breath.

Again: For now, I agree. But we can't predict the future.

On topic: Well, we'll have to wait a bit, I think.

[Hobo66]

Easy 10k could happen immediately in couple days, because it is unpredictable, no one really know how the price will move. All we really could know that in a healthy market  prices always fluctuate, prices could go straigt up and then straight down. So everything is good with currently price of Bitcoin, need to wait more and see what will happen

There is no doubt that bitcoin is still the number one crypto currency of the world and will even continue as number one for a long time. I do not think that there is any other altcoin which can overcome bitcoin and make become as number one crypto currency. Bitcoin is in fact becoming more stronger from as time pass.

[kudus11]

Just wondering guys, you were all so confident we were in a strong bull market and would break 10k easily, looks like the opposite is becoming a reality and we're heading straight back to new lows.

Well, it has become a very common thing with that, which we need to worry about if there is no new price, it's a very bad thing for all of us.

[Claudyah]

Just wondering guys, you were all so confident we were in a strong bull market and would break 10k easily, looks like the opposite is becoming a reality and we're heading straight back to new lows.

Yes, that is normal in the market because fluctuations keep going, the problem of predictions for an increase can reach $ 10k, it's hard to guess for the truth, and the results of the decline occur, and I think this will continue for a long time.
The point is to remain patient and wait, because the increase will definitely occur if the time has arrived

[rainezerr]

Just wondering guys, you were all so confident we were in a strong bull market and would break 10k easily, looks like the opposite is becoming a reality and we're heading straight back to new lows.

The price of cryptocurrency can actually grow up to $10k dollars and that what they are referring fro easy $10k so keep on investing today while the price is still low.

[exstasie]

I believe you are trapped in the idea that Bitcoin is an "old" technology. But it is not. It has the most advanced research and development in a cryptocurrency in terms of security, stability, and scalability.

No. Currently I see Bitcoin still on the forefront. It's not "old" in any way, because most "new altcoin features" are not really relevant, and Bitcoin continues to improve steadily. I only question the conviction that this cannot change at some point.

Well said. I still believe Bitcoin is the most viable of all cryptocurrencies, with the most robust network and probably the best developers in the world. But I disagree with Bitcoin maximalists who simply assume it will always be this way. The first mover advantage is only an advantage; it's not a guarantee of anything.

The only backing cryptocurrencies have is the faith of their users, and no one can predict the future in that sense. We can point to Bitcoin's superior security and scalability models all we want, but the market may choose something else.

[samcrypto]

The price of bitcoin strongly stick at the range of $6000 to $6500 for almost couple of weeks other than there was a few day bump to $8500 due to ETF speculations but now the market looks constant with accepted price swings everyday so for now this is organic growth of bitcoin so let that to recover on it own.

Bitcoin is slowly growing on its own, no more hype for now but as soon as people create Fake news about ETF again, for sure the price is either to dump or to pump higher. $10k will still possible even we hit the bottom, more months to go and I believe people will come in here again.

[Osarman]

We can expect this 10k by the end of this year. Fromnthis year started itself there is no significant growth in the bitcoin value. But now the price started to rise, people are expecting this growth only. If it continious means easily it will touch the 10k by the end of this year.  You have to do two things only one is trade and another one is hołd. Just hold the bitcoin with patience.

Well, that would be under probability, even though so many times, people have always attributed end of the year as a good time for most markets but at the same time, we all know how much unpredictable this market is and for the fact that we really cannot tell how things can quickly turn out before we even manage to go test the $10k if we even end up doing at all. Just like you said, it is either you just go learn how to trade or simply just learn how to hold.

[feelivent]

We can expect this 10k by the end of this year. Fromnthis year started itself there is no significant growth in the bitcoin value. But now the price started to rise, people are expecting this growth only. If it continious means easily it will touch the 10k by the end of this year.  You have to do two things only one is trade and another one is hołd. Just hold the bitcoin with patience.

Value of Bitcoin is currently 7340 US dollar and we do not have to think about further increase in price but should start to buy more in numbers if you have more savings then go for it right na na. I also want to reach at the bull market right now but that is not possible as situations are not different as it were few months ago. All we need is to wait and have patience in this market so that we will get success at the end.

I am not sure where you are getting yours from at this time you posted this or if you have not woken up to go check the value at the current time. The market started its new course with the bears already before now, and so far, we are trading far below $7k, with a huge volume on the sellout.

That shows one thing, the bulls are still not strong enough to push the market higher and there has always been faster movement downward than upward as the case may be.

[kudus11]

It's game over now. Going to make year lows soon and from there next stop $3000. Bitcoin failed as an experiment, as per the recent bloomberg report bitcoin payments in stores plummeted 80% and as per that other report only 2% of Koreans (the main btc country) is even considering investing in BTC.

thank you, the information is very helpful and makes me reassure that btc will rise again, I am new to the crypto world, there are not many rights that I know and I still need a lot of information.

[Taki]

This year can be called a bear market year. Really, it would be too easy if bitcoin would only grow, isn't it? But we got live with bull market so fast that long term fall makes us to suffer. I do not make any prognoses, I just hold and that's my recommendation for others who doubt.

[arpon11]

Just wondering guys, you were all so confident we were in a strong bull market and would break 10k easily, looks like the opposite is becoming a reality and we're heading straight back to new lows.

He has tried to predict the market and we are to see that because of the fundamental issues you will see a good setup that will make the market up but a news can pull the market down.

[carlisle1]

Just wondering guys, you were all so confident we were in a strong bull market and would break 10k easily, looks like the opposite is becoming a reality and we're heading straight back to new lows.

Only spectator who believes that bullmarket is strongly coming this soon,but the truth is theres no bull coming for Christmas guys,be realistic and don’t be stupid for what is happening this year end,never compare the situation now to what had happen in the past year because they are very different and never to come same way this time

[Question123]

Bitcoin can easily hit again 10k dollars the only problem why cannot see because of the panic selling of the bitcoin now. But if we can be united to buy bitcoin 10k dollars is good see again and gain profit in a short period of time.

I want to see more than 20k dollars this year not only 10k.

[TokenForUs]

its tough moment for us to admit that most of cryptocurrency price are falling so deep and market is so bored. probably we can find another number of investors starts to confuse to wait until the bull comes. i dont really know what exactly the reason why are this bear market are very serious and caused many crypto enthusiast get panic. still patience are needed for such market situation? i cant wait to see how are market situation in the end of 2018.

[matchi2011]

Bitcoin can easily hit again 10k dollars the only problem why cannot see because of the panic selling of the bitcoin now. But if we can be united to buy bitcoin 10k dollars is good see again and gain profit in a short period of time.

I want to see more than 20k dollars this year not only 10k.

If only investors and traders can unite and not to allow more selling then the value of bitcoin can be increase more than 10k$, we are witnessing the
panic sellers and weak holders fears, while the whales are enjoying shaking the market, those people will be trapped and loses their investment, if
you can handle the pressure you should stay out for a while and keep your asset stored from a safe wallet, long term style of a trade will work instead
of trying to short and risk your money.

[Affilate User]

maybe it's because of good news that makes investors confident to buy so it's very easy to go back to the $ 10k price, but for now it looks like the condition of bitcoin prices has fallen again and the price is cheap again.

[pocketfullofpoke]

Just wondering guys, you were all so confident we were in a strong bull market and would break 10k easily, looks like the opposite is becoming a reality and we're heading straight back to new lows.

Welcome to the world of volatile assets. Everybody can make their predictions in favor of bitcoin's price hike but bitcoin can go on reverse anytime as its market price movement is unpredictable. Too much expectation for a price hike will just lead to frustrations towards cryptocurrencies.

[suzanne5223]

Just wondering guys, you were all so confident we were in a strong bull market and would break 10k easily, looks like the opposite is becoming a reality and we're heading straight back to new lows.

Welcome to the world of volatile assets. Everybody can make their predictions in favor of bitcoin's price hike but bitcoin can go on reverse anytime as its market price movement is unpredictable. Too much expectation for a price hike will just lead to frustrations towards cryptocurrencies.

Yes, Bitcoin is volatile in price but 70% of it price movement can still be predictable if apply both the fundamental and technical analysis in finalising the result. However, the main problem causing wrong prediction is people optimistism and wrong information posted in other to move investor into the market but there's time and season for every thing.

[el kaka22]

Just wondering guys, you were all so confident we were in a strong bull market and would break 10k easily, looks like the opposite is becoming a reality and we're heading straight back to new lows.

It is still quite there. $10K is not that huge of an accomplishment. The thing you need to learn about bitcoin is that people do not aim for 10k when they are at $6k, they aim $25k. Bitcoin doesn't go up from $6k to $10k, it either goes up to $7k and goes back slight movements to up and down, or it goes to $25k to $30k and all that. Either its small that $10k won't be seen or its too much that $10k would look small.

Hence, if a bull run comes and everything goes up than you can be sure that $10k will be easy, remember those times during $20k run, the prices of 11-12-13 all went by so fast that we were barely making a funny post on reddit and an hour later the price went higher.

[BitcoinCommodor]

its tough moment for us to admit that most of cryptocurrency price are falling so deep and market is so bored. probably we can find another number of investors starts to confuse to wait until the bull comes. i dont really know what exactly the reason why are this bear market are very serious and caused many crypto enthusiast get panic. still patience are needed for such market situation? i cant wait to see how are market situation in the end of 2018.

Do not wait for future price and do not think even because the it is impossible to get your predicted value as compared to actual value you will always get uncertain value so this is not important but the important thing is your instant benefit. It does not matter if the price is not touching the 10k dollar price but we should take care of our coins and hold it for your profit.

[pinoyden]

Just wondering guys, you were all so confident we were in a strong bull market and would break 10k easily, looks like the opposite is becoming a reality and we're heading straight back to new lows.

Welcome to the world of volatile assets. Everybody can make their predictions in favor of bitcoin's price hike but bitcoin can go on reverse anytime as its market price movement is unpredictable. Too much expectation for a price hike will just lead to frustrations towards cryptocurrencies.

Yes, Bitcoin is volatile in price but 70% of it price movement can still be predictable if apply both the fundamental and technical analysis in finalising the result. However, the main problem causing wrong prediction is people optimistism and wrong information posted in other to move investor into the market but there's time and season for every thing.

only 70 percent ? what about the other 30 percent?  imo , bitcoin and other cryptos are not predicdable ( 100 % ) because they can still be manipulated by whales .  wrong prediction isnt also the main problem here because prediction are unreal  , we cant just totally depend on them .  @op there no such thing as easy on here  because 10k is already  a huge amount of money , so it isnt actually easy to reach it by just a short time span .

[terrific]

maybe it's because of good news that makes investors confident to buy so it's very easy to go back to the $ 10k price, but for now it looks like the condition of bitcoin prices has fallen again and the price is cheap again.

Good news doesn't have so much reaction and it can't help somehow but it still influences.
We went through lows and dips, this can start and help reach $10,000 again.
But for now, its quite far through we're going $7,000 and everything is possible.

[Tungsten-1]

its tough moment for us to admit that most of cryptocurrency price are falling so deep and market is so bored. probably we can find another number of investors starts to confuse to wait until the bull comes. i dont really know what exactly the reason why are this bear market are very serious and caused many crypto enthusiast get panic. still patience are needed for such market situation? i cant wait to see how are market situation in the end of 2018.

Do not wait for future price and do not think even because the it is impossible to get your predicted value as compared to actual value you will always get uncertain value so this is not important but the important thing is your instant benefit. It does not matter if the price is not touching the 10k dollar price but we should take care of our coins and hold it for your profit.

10k US dollar price is not hard to achieve and is possible even today if we leave selling in low market for small profit or outcome. This does not make the value of Bitcoin to increase and follow the bullish trend and conversely to our actions we expect the bullish market is totally out of mind. The current price is 6500 US dollar and this is improved value from yesterday it has increased and we want further improvement so 10k dollar value is not far to achieve.

[wuvdoll]

only 70 percent ? what about the other 30 percent?  imo , bitcoin and other cryptos are not predicdable ( 100 % ) because they can still be manipulated by whales .  wrong prediction isnt also the main problem here because prediction are unreal  , we cant just totally depend on them .  @op there no such thing as easy on here  because 10k is already  a huge amount of money , so it isnt actually easy to reach it by just a short time span .

I wonder what is being meant in the first place by 70% being predictable or not. This is a market, nothing is predictable and the market can go to any direction contrary to what your analysis tells you and all we do is to just use these tools available to us to take certain market decisions but if it works every time as planned, there won’t be a need for stop loss. Nothing is easy just as you have said, and price movement takes time and it is a gradual thing. It is just more like you trying to find a direction, which is exactly what the market is doing.

Good news doesn't have so much reaction and it can't help somehow but it still influences.
We went through lows and dips, this can start and help reach $10,000 again.
But for now, its quite far through we're going $7,000 and everything is possible.

Well, I guess at this point in time, we may just have to find out if we are going to be able to break past this $7000 or we are going to end up breezing back down as the case may be. There is absolutely no easy way of the market hitting a certain amount, unless of course there is just one crazy news that brings about a very huge demand in the market, and every resistance and sell walls are being squashed with everyone trying to lay their hands on the little they still can, but we all know this can only happen that easy in dreams.

[d1ceplayer]

Just wondering guys, you were all so confident we were in a strong bull market and would break 10k easily, looks like the opposite is becoming a reality and we're heading straight back to new lows.

The price of cryptocurrency can actually grow up to $10k dollars and that what they are referring fro easy $10k so keep on investing today while the price is still low.

High level of optimism most especially in a bear market is not the best way to go most of the time. So many people have always imagined a quick pump of the price in a short amount of time so as to be able to make substantial profit and this is the reason why they get quickly frustrated when the market tend to move in the opposite direction instead of what they anticipated for.

Shit happens, the best is just to deal with it but even though bitcoin does not get to hit $10k now, that does not mean at some point, with some level of patient, it won't.

[Bitcotalk]

The price of bitcoin strongly stick at the range of $6000 to $6500 for almost couple of weeks other than there was a few day bump to $8500 due to ETF speculations but now the market looks constant with accepted price swings everyday so for now this is organic growth of bitcoin so let that to recover on it own.

Bitcoin is slowly growing on its own, no more hype for now but as soon as people create Fake news about ETF again, for sure the price is either to dump or to pump higher. $10k will still possible even we hit the bottom, more months to go and I believe people will come in here again.

It is more like saying certainly higher percentage of people here are not here for the long term and they just want it to be like the long term should come in a very small space of time. This is one of the reasons why the market has become highly speculative in nature with a lot of people being high spirited for the unimportant reasons.

Easy $10k would come at its own time, the best is just to be patient for it, and focus more on the long term than letting your emotion be driven by the market noises in the short term

[zazarb]

Many people are too ambitious with the news unclear about the truth, we see that the reality is that reaching $ 8,000 is very difficult, moreover, $ 10k is not very easy to reach the end of this year, and the price is now stuck in silence at $ 6500 whether this will last until ahead, I still think for that

yes, I agree with you partly, but you forgot about the volatility of this market, sometimes one good news is made and the price can suddenly rise couple times.

[ShineftChaos]

Just wondering guys, you were all so confident we were in a strong bull market and would break 10k easily, looks like the opposite is becoming a reality and we're heading straight back to new lows.

It will not immediately surpass the value of $10k because we are in the bear market, just keep on holding your coins and have more patience in order to avoid selling at the lowest price.

[Baronggot]

That's how unpredictable cryptocurrencies can be so even those positive analysis and predictions made by experts can sometimes go wrong. In other words, we are not prophets here so i think it's better to hope than to predict the future of crypto because wrong predictions can disappoint us.

[sheenaedago]

That's how unpredictable cryptocurrencies can be so even those positive analysis and predictions made by experts can sometimes go wrong. In other words, we are not prophets here so i think it's better to hope than to predict the future of crypto because wrong predictions can disappoint us.

  Exactly, speculating can disappoint individually because we are not superhumans that can contour the situations. We are only humans who are hoping for the bull run to appear. But sometimes predicting on future has a huge of help to engage and motivate some investor not to lose hope and keep waiting for the bull run.

[Silberman]

People made a mistake in their predictions, it is as simple as that, of all the predictions that I see in the forum every day regarding the future price of bitcoin I will say that probably 99% of them are wrong, and it is completely understandable because the market is very volatile and it is almost impossible to predict, so it is better for you and for everyone to get used to this fact before you lose money trying to follow the predictions of someone else.

[justspare]

Many people are too ambitious with the news unclear about the truth, we see that the reality is that reaching $ 8,000 is very difficult, moreover, $ 10k is not very easy to reach the end of this year, and the price is now stuck in silence at $ 6500 whether this will last until ahead, I still think for that

yes, I agree with you partly, but you forgot about the volatility of this market, sometimes one good news is made and the price can suddenly rise couple times.

Well, there has been a lot of good news lately and I have not really seen much of a movement in price due to that. Yes, sometimes, news can be related to the movement of the market, but it also has a lot to do with the condition of the market at that particular point in time. During bear markets, bad news tends to make impact faster, and during bull trends, good news tend to make impact faster as well. There is nothing easy when it comes to movement of a market as it takes time.

It will not immediately surpass the value of $10k because we are in the bear market, just keep on holding your coins and have more patience in order to avoid selling at the lowest price.

One thing a lot of people do not understand is that market takes time to develop and it is not like the market will just start moving up instantly and nonstop. As long as you can have the patience, buy the dips and wait for it, you will have no problem and that depends on whether the trend at the moment permits it. People who sell at lower prices than what they bought are usually the ones who expect so much from the market in the short term.

[lingwistiko]

So be it and let the time tell how bitcoin will look like before this year ends. If it reached 10,000$ before this year ends, there will be a big possibility that what happened to bitcoin last december will also happen this year. So i don't really mind if bitcoin will reach 10,000$ or not this year because i am happily holding my bitcoin until the next few years.

[tumokatok]

for now it looks like the condition of bitcoin prices has dropped again and the price is cheap again and to buy back to the price of $ 10k maybe it's because of good news that makes investors confident

[wendiar19]

at this time the price of bitcoin collapsed again and it may be very difficult to return to the expensive price again and maybe when the price goes up to the price of $ 10k it is very easy and becomes the last pump this year and the price will not be able to return to expensive again.

[boty]

I think this is just a very normal move, the whales who have a lot of capital trying to make prices rise for a while and finally there will be many people who come to buy bitcoin and after that the whales who has a lot of capital again makes the price of bitcoin collapse by selling all bitcoin owned.

[Farma]

I think this is just a very normal move, the whales who have a lot of capital trying to make prices rise for a while and finally there will be many people who come to buy bitcoin and after that the whales who has a lot of capital again makes the price of bitcoin collapse by selling all bitcoin owned.

You're right, this is a spin like a wheel. sometimes bitcoin is really very difficult to go up, and it's so easy to go down, but someday, it will be the opposite. well, now all crypto users are waiting for the rotation.

[Johnzky]

Just wondering guys, you were all so confident we were in a strong bull market and would break 10k easily, looks like the opposite is becoming a reality and we're heading straight back to new lows.

In cryptosystem prices are normal to go pump and dump because this is a volatile world and the value is normally changing but predictions are only basis of believe and trust but never take it seriously but i am hoping that price will break 10k$ again as last quarter is nearly there and yet theres no indication that the bottom has already reached