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Author Topic: With Bitcoin roaring to the North, any hope for waiters of $1800 bottom?  (Read 285 times)
BitHodler
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May 03, 2019, 11:00:10 PM
 #21

$1800 is a price I always found to be an unlikely target, even when we were below the $4000 mark. The sudden shift in sentiment is what keeps me short term bearish. I'll turn bullish when we have a weekly close above $6000.

Also, people "waiting" for a certain price will continue to wait even if the price hits their target on the down side, because they then believe it will go down much further. These people will end up fomo buying at way higher levels.

These are probably also the people who said that they would do anything for an opportunity to buy Bitcoin below $10k during the bull run. I'm also sure that they have very little capital to allocate to Bitcoin. Dreamers they are.

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WinslowIII
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May 03, 2019, 11:22:37 PM
 #22

threads like these are strong signs that a big correction is looming. bulls are celebrating in the streets and making fun of bears, saying that lower price levels (which were seen just a couple months ago) will never be seen again. this is the type of "irrational exuberance" that happens when people make lots of money (or in 2018 bitcoin's case, recover from dear losses) in a short period of time. they become blind to the crash that's just around the corner. even if december was the lowest we'll ever go again, they're not prepared for the $1000-1500+ pullback that's coming.

You only make lots of money if you sell, so it's a paradox. Bulls can't be happy with a rising price after they sell, they become bears waiting to buy back cheaper. Hodlers are the only ones who keep on cheering no matter what as the price rises.
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May 04, 2019, 03:52:34 AM
 #23

Many things are just happening in the crypto space. When Bitcoin hits $3000 - $3200, there are lot of speculation that Bitcoin will found bottom at $1800. Most influential in the crypto space even gone far as bottom is ONLY at $1000. Bitcoin price void their prophecies and jump back to $4200 and thereafter $5000 - $5200 range. Now that is soaring towards North and getting closer to $6000. Don't you think these set of people will join us in the race when we break the resistance at $6400 and it will become glaring to them that BULLS has taken over?

Where did you get $1800 bottom level figures as bitcoin prices were never going to touch them even when prices were falling. When you speak of the so called influencers remember one thing, they have zero knowledge about bitcoins and most of them are paid to say such words so never rely on their words. These people will of course join the bitcoins bulls rally, but they won’t be long term investors as they’ll try to dump it once they get their profits.
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May 05, 2019, 04:55:26 PM
 #24

Many things are just happening in the crypto space. When Bitcoin hits $3000 - $3200, there are lot of speculation that Bitcoin will found bottom at $1800. Most influential in the crypto space even gone far as bottom is ONLY at $1000. Bitcoin price void their prophecies and jump back to $4200 and thereafter $5000 - $5200 range. Now that is soaring towards North and getting closer to $6000. Don't you think these set of people will join us in the race when we break the resistance at $6400 and it will become glaring to them that BULLS has taken over?
Lol, are you still talking and minding those unserious jokers, let them keep speculating value that is not realistic and has long been dead and the BULLs will catch them by surprise,  even the retrace of $4500 they have been analyzing is still under probability.

Any event that makes the price of Bitcoin to retrace to $4500, will give chance to very big bulls to take over the market completely and instead of seeing further decline, the history of 2017 might repeat itself, because everyone will be rushing to have a taste of that value they have been longing for. So bro, $1800 is absolutely not going to be realized.
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May 29, 2019, 02:43:26 AM
 #25

$1800 bitcoin was only a speculative price and bitcoin as we all know have steadily increase in price there by making they prediction false for now, I believe when most speculators are waiting for bitcoin downward movement the market will continue on the uptrend mode. Now the present bitcoin price is a little above $5700 and that is a strong indications that we will break the $6000 bench mark very soon.
I strongly believe, as you think that the price of $ 1.8K bitcoin is speculative prices and will not be reached again.
as a bitcoin has already begun to move towards an upward and positive direction, it has even penetrated $ 8K and is likely to soon be able to break the $ 10K mark in the next few weeks. and the trend continues to increase well.

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May 31, 2019, 09:36:17 PM
 #26

Many things are just happening in the crypto space. When Bitcoin hits $3000 - $3200, there are lot of speculation that Bitcoin will found bottom at $1800. Most influential in the crypto space even gone far as bottom is ONLY at $1000.

There's no such thing as most influential in crypto, they're all making a wild and educated guess. So it will be a hit or miss, 50/50 chance.

Bitcoin price void their prophecies and jump back to $4200 and thereafter $5000 - $5200 range. Now that is soaring towards North and getting closer to $6000. Don't you think these set of people will join us in the race when we break the resistance at $6400 and it will become glaring to them that BULLS has taken over?

Of course, those who are very vocal against Bitcoin, are the same set of people who doesn't want to miss the boat. And I'm sure they are very happy to see the price today, but you wouldn't hear from them anyways. Because those people will go on a hiding and hibernate, and as much as we are laughing at them, they will have the last laugh because they are secretly buying huge chunk of it. That how's they're trying to influential the price, in their own way.  Grin

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June 01, 2019, 05:53:32 PM
 #27

Many things are just happening in the crypto space. When Bitcoin hits $3000 - $3200, there are lot of speculation that Bitcoin will found bottom at $1800. Most influential in the crypto space even gone far as bottom is ONLY at $1000.

There's no such thing as most influential in crypto, they're all making a wild and educated guess. So it will be a hit or miss, 50/50 chance.

Bitcoin price void their prophecies and jump back to $4200 and thereafter $5000 - $5200 range. Now that is soaring towards North and getting closer to $6000. Don't you think these set of people will join us in the race when we break the resistance at $6400 and it will become glaring to them that BULLS has taken over?

Of course, those who are very vocal against Bitcoin, are the same set of people who doesn't want to miss the boat. And I'm sure they are very happy to see the price today, but you wouldn't hear from them anyways. Because those people will go on a hiding and hibernate, and as much as we are laughing at them, they will have the last laugh because they are secretly buying huge chunk of it. That how's they're trying to influential the price, in their own way.  Grin
You do really understand how these doom predictions operate. I am in a group on Twitter and whenever bitcoin is in bearish trends those guys will be saying something that you will understand that they hate bitcoin but whenever it is bullish you will not hear from them again. That is why it is good we depend on what we know about bitcoin and trade along instead of listening to those guys.
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June 01, 2019, 06:15:14 PM
 #28

Many things are just happening in the crypto space. When Bitcoin hits $3000 - $3200, there are lot of speculation that Bitcoin will found bottom at $1800. Most influential in the crypto space even gone far as bottom is ONLY at $1000. Bitcoin price void their prophecies and jump back to $4200 and thereafter $5000 - $5200 range. Now that is soaring towards North and getting closer to $6000. Don't you think these set of people will join us in the race when we break the resistance at $6400 and it will become glaring to them that BULLS has taken over?


There are only a few delusional bears left who still think we're in a bear market and 2000s or 1000s is coming in the future. A firm price in the 3000s the first 2-3 months of the year was the first signal they were wrong. The break out of the bottom and start of the bull market on the night of April 1st was a very clear indication they were wrong. The stabilizing of the price in the 5000s in April further drove the point home. The rise from 5000s to 8000s over the past few weeks means all but the most out of touch finally understand we're 2 months into the bull market and the bear market is long since gone (the absolute bottom occurred 5.5 months ago).

Eventually they'll buy in even higher than now, they'll just be able to afford far less bitcoin than if they had bought in at the obvious bottom from november through march.
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June 02, 2019, 01:44:35 PM
 #29

By the way 1800$ long time stable price doesn't seem to be realistic. This point is much below mining costs. In this case  mining farms would be turned off and BTC network will either surge to super small size (maybe we may get back to gpu mining?) or just simply die. There is no way for 1800$ price to be fixed for a long amount of time, something would collapse anyway.

Well I see that as a weakness and likely making it more probable an event if it were true a certain price could cause actual failure.    An open market is actively destructive in this way, some will short and try to instigate this outcome if it were true, thats just the way of the world.

However I think BTC can operate at any price to some extent and difficulty would adjust, some upset but it would continue.


If you place an order at 1,800 now then it might be filled in some extreme spike down.   I think that much is possible, dollar would need to rise and be very strong for great upset but that too is possible short term like 2008 upset can happen unpredictably from market view

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June 02, 2019, 02:08:56 PM
 #30

Many things are just happening in the crypto space. When Bitcoin hits $3000 - $3200, there are lot of speculation that Bitcoin will found bottom at $1800. Most influential in the crypto space even gone far as bottom is ONLY at $1000. Bitcoin price void their prophecies and jump back to $4200 and thereafter $5000 - $5200 range. Now that is soaring towards North and getting closer to $6000. Don't you think these set of people will join us in the race when we break the resistance at $6400 and it will become glaring to them that BULLS has taken over?


There are only a few delusional bears left who still think we're in a bear market and 2000s or 1000s is coming in the future. A firm price in the 3000s the first 2-3 months of the year was the first signal they were wrong. The break out of the bottom and start of the bull market on the night of April 1st was a very clear indication they were wrong. The stabilizing of the price in the 5000s in April further drove the point home. The rise from 5000s to 8000s over the past few weeks means all but the most out of touch finally understand we're 2 months into the bull market and the bear market is long since gone (the absolute bottom occurred 5.5 months ago).

Eventually they'll buy in even higher than now, they'll just be able to afford far less bitcoin than if they had bought in at the obvious bottom from november through march.

people who get stuck in a certain trend that ends should also expect big losses. they actually deserve those losses too because they have not yet learned that in no market the trends never stuck around forever. markets are always dynamic otherwise they would be dead. the trends change and so should traders.
the funny part is that when price stopped rising last year when we reached $20k there were similar people who got stuck in the bull market mentality and were waiting for $50k (the funny part is) everyone was ridiculing them back then but when the same attitude is shown now that price drop has ended and certain people were waiting for $1800 people weren't ridiculing these the same way!

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