Bitcoin price will not go above $4,000

[Get-Paid.com]

Bitcoin is almost touching $4,000 and it had a small rise, but the factors that brought Bitcoin down from $20,000 to $4,000 are still there.

The price of Bitcoin seems to be too high even @ $4,000, because there isn't any fundamental behind it, the price of Gold also had a huge rise to $2,000 several years ago but it dropped 50% of its value pretty fast.

Today Gold is stable around $1,350 per ounce ... but Gold is a scarce resource, a physical one ...
Bitcoin is not, it's just means of transferring money from one to another and it has lots more competition.

So these fundamentals show the price is still bearish, the small rise from $3,600 to $3,950 is probably a correction in the market.

Does anyone agree?


**All of the above is a pure speculation.

[1714769061]

1714769061

[pooya87]

**All of the above is a pure speculation.

i wouldn't call anything that you said "speculation", it is only your "opinion" based on your assumption that bitcoin is useless and is not being adopted by anyone at all and is dying.

[btc_angela]

I thought it did already touch $4k as others have said? Maybe it did but it didn't hold, but we haven't seen any selling and the price remains $3800-$3900 which is a good indication. However, we did touch $20k in 2017, so I wouldn't say that $4k is high. I don't know but I grew tired of hearing bitcoin and gold in one sentence. 

[Get-Paid.com]

**All of the above is a pure speculation.

i wouldn't call anything that you said "speculation", it is only your "opinion" based on your assumption that bitcoin is useless and is not being adopted by anyone at all and is dying.

What's the difference between a speculation and an opinion? Aren't these the same?
You could speculate that Gold will rise to $2,000 and you can have an opinion that it will rise to $2,000
What's the difference?

[Kakmakr]

**All of the above is a pure speculation.

i wouldn't call anything that you said "speculation", it is only your "opinion" based on your assumption that bitcoin is useless and is not being adopted by anyone at all and is dying.

What's the difference between a speculation and an opinion? Aren't these the same?
You could speculate that Gold will rise to $2,000 and you can have an opinion that it will rise to $2,000
What's the difference?

There are no real difference, but the similarity are the fact that most of this is based on assumptions that are pulled from people's uninformed asses and presented as facts.    When someone "bash" Bitcoin for not being physical and hence not being worthy enough to be a commodity or a asset or a currency of value, then you should ignore their input.

A virtual asset is a representation of currency in some environment or situation. In this context, currency can be defined as either a medium of exchange or a property that has value in a specific environment, such as a video game or a financial trading simulation exercise. Source : https://searchfinancialsecurity.techtarget.com/definition/virtual-asset   (Example : Call of Duty skins selling for 1000s of dollars)  

A financial asset is a non-physical asset whose value is derived from a contractual claim, such as bank deposits, bonds, and stocks. Financial assets are usually more liquid than other tangible assets, such as commodities or real estate, and may be traded on financial markets. Source : https://en.wikipedia.org/wiki/Financial_asset

Bitcoin's value is based on Supply and Demand!

[pooya87]

**All of the above is a pure speculation.

i wouldn't call anything that you said "speculation", it is only your "opinion" based on your assumption that bitcoin is useless and is not being adopted by anyone at all and is dying.

What's the difference between a speculation and an opinion? Aren't these the same?
You could speculate that Gold will rise to $2,000 and you can have an opinion that it will rise to $2,000
What's the difference?

not exactly.
an opinion is just an opinion. it doesn't have to be true or based on any facts. it is more like how you feel. it can be true or false but whatever it will be, it will be that based on luck. think of it as taking a shot in the dark and having the chance to hit the target.
opinions without logic don't matter and are not worth sharing.

an speculation on the other hand has to be based on facts and analysis. it has to be close to reality. so for example when you say "gold will rise to $2000" you have to have analyzed the market and checked the facts then come up with that speculation. this can be technical analysis, fundamental analysis, ... and then choose a number based on that analysis. not just because you feel like gold should rise so you chose a random number (a round number at $2000) and say it will be that.
speculations matter and are worth sharing.

what you did here is that you made a vague statement ("because there isn't any fundamental behind it") and then based on that you said bitcoin should fall!

[blockman]

I don't agree with you.

Today Gold is stable around $1,350 per ounce ... but Gold is a scarce resource, a physical one ...
Bitcoin is not, it's just means of transferring money from one to another and it has lots more competition.

Bitcoin has 21 Million supply and consider those bitcoins that were lost forever. Yes, bitcoin is a means of transferring money but it has changed up to this date. People are chasing it as a store of value. You mean with lots more of competition are the altcoins? they all depends to bitcoin's strength.

You are underestimating technology.

[Get-Paid.com]

You are underestimating technology.

Netscape was technology, Altavista was technology, imagine a title like this coming up several years from now:

https://www.quora.com/Why-did-Netscape-Navigator-fail-as-a-browser-Was-Netscape-ever-bought-out

Why did Bitcoin fail as a crypto currency?

Don't get me wrong - we are supporting Crypto - this is a price discussion, not whether or not the technology is useful.

[Kakmakr]

You are underestimating technology.

Why did Bitcoin fail as a crypto currency?

Don't get me wrong - we are supporting Crypto - this is a price discussion, not whether or not the technology is useful.

I think you are posting drivel to promote your site or your signature. What does price have to do with the failure of Bitcoin as a currency? Where did you get the information to make the assumption that Bitcoin failed as a currency? Fiat currencies are 100s of years old and they are failing at a critical rate all over the world. (Venezuela / Zimbabwe etc.)

Bitcoin has not failed as a currency, because it is only in it's infant stage of adoption <being only 10 years old>   When you make uninformed statements like that, it makes you look stupid. Do your research and then come back here and post something that is backed by facts.  

Get-paid.cum says, You can get paid with PayPal, Bitcoin, WebMoney, Amazon gift cards and more! ....but he is bashing it for being a failure. 

[Fluxtorrence9]

Really two days ago I thought it was bullrun but today I figured its just an correction ,it would have been better though if bitcoin breaks the under 4000$ bottom but bitcoin far from failed tech

[Pursuer]

Don't get me wrong - we are supporting Crypto - this is a price discussion, not whether or not the technology is useful.

they are not two different things. they are the same. not to mention that this board is not for "price discussions".
when technology is useful you are accepting that bitcoin is useful and it is and because of that it is valuable and its price will be rising.

regardless of what you think, bitcoin price will rise and set a new ATH every 2 or 3 years whether you think it is useful or useless doesn't change the fact that bitcoin is the only decentralized currency that is offering a very unique and useful tool and its adoption is growing every day and with its limited supply the rise is inevitable.

[vintages]

So if I'm right, all you are try Ik no to drive at I'd that Bitcoin is probably losing its value and probably won't survive it?  It might surprise you that every little price changes matters so it's not a coincident.
It's okay to voice your opinion and get frustrated on the market though.

[Siren]

No we don’t believe on your opinion mate because you are only relying on what you think without good basis

Bitcoin can reached more than $4,000 since we already hit almost $20,000 so what are you talking about here?

I wish one day you will realize what you are missing here,when we reached the highest we can be

[Get-Paid.com]

Get-paid.com says, You can get paid with PayPal, Bitcoin, WebMoney, Amazon gift cards and more! ....but he is bashing it for being a failure. 

We are not against Bitcoin, the speculation of a price is not the same whether you support Bitcoin or not.

And regarding the nature of this thread - this entire forum is full of speculation, you can see every hour a new thread with headlines such as "Bitcoin will be dead", "Bitcoin is back to life" etc. - do you have anything personal against our site? or you simply just look to argue with other users in the forum?

[Get-Paid.com]

Really two days ago I thought it was bullrun but today I figured its just an correction ,it would have been better though if bitcoin breaks the under 4000$ bottom but bitcoin far from failed tech

No one said it's a failed tech.
FYI - we run 4 faucet sites based on Bitcoin, Ripple, NEM and Cardano.

We believe it's a revolutionary thing, but nonetheless the price seems to be too high (and not too low) - which is a speculation, but it could be true.

[viet0909]

I agree, but BTC will increase very strongly by the end of 2020. Maybe btc will increase to $ 100,000

[gabbie2010]

From my own point of view the resistance at $4000K has to be broken for us to have a remarkable bullish runs else the market will continue to range back and forth while gold as commodity is quite different from  bitcoin gold is very volatile compared to bitcoin while bitcoin market has a lot of speculation spread across the system of which in most cases the rubbish those predictions.

[mich]

Very much disagree that the Bitcoin price will not go beyond 4000$.
You even said so yourself the price was 20,000$ so whats with the negative speculation?
You sound very bullish on gold and are probably right about the correction.

[n0ne]

Cryptocurrencies were completely speculative in reality, and the same is the one that drives the price experience fluctuations. Already price has gone above $4000, while at the same time gold is on its uptrend with stable growth. Once gold was volatile, but now it has taken a stable value, but bitcoin isn't the same it is completely technology backed. As of now we need more support to be above $4000.

[Oasisman]

I respect your speculation or shall we say opinion, because we do have our own views towards the future of cryptocurrency. But as what I have noticed since the price got out from $3.6k, It didnt suddenly fall back, instead it stays there for more than 48hrs. I dont know which fundamentals youre looking for to believe the capability of Bitcoin to break the price of $4k. And gold is a totally different asset from Bitcoin, plus Bitcoin has a very high volatile nature than Gold.