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Author Topic: With Bitcoin roaring to the North, any hope for waiters of $1800 bottom?  (Read 208 times)
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May 03, 2019, 09:25:53 AM
 #1

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?

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May 03, 2019, 09:34:39 AM
 #2

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.
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May 03, 2019, 09:36:18 AM
 #3

I am sure they will do the same as before, and they will spread fake news to people because they have a reason to do that thing.
They want to take the benefits from their news and the panicking people so they can use their time to take a profit for themselves.
We already saw so many speculations related to bitcoin price, and many people panic to see the price is up and down because they are not ready to do something.
That is why we need to analyze to prevent those things so we could not become panic with the situations that will always change.


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May 03, 2019, 09:42:16 AM
 #4

$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.
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May 03, 2019, 09:50:14 AM
 #5

random nonsense is not considered "speculation". when price hit $3100 a lot of idiots were repeating a lot of random nonsense about how price is going to hit $1000 and stupidly low prices in that range. that  doesn't mean they were speculating or they were a possibility. this is the same thing as when the same newbies were saying price is going to $100k when it was closing in on $20k in 2017.

as for them "joining" it depends on how much they believed in their own nonsense. most of them were only spreading FUD to buy at a cheaper price (like buying at $3500) so they are already in and are laughing at those who fell for their "speculations"!

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May 03, 2019, 09:57:44 AM
 #6

Forget $1800. Just look at BTC go. I think it might breach the $6K barrier before the end of this week which would be a huge step forward. At the rate it which BTC continues to grow slowly and steadily in an organic manner, $10K is completely possible by the end of this year.




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May 03, 2019, 10:07:36 AM
 #7

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?

They would probably be too late to realize that there is no coming back. Now that is has come to 5k-6k usd range, a huge blow should do the job in order for the price to fall down and as of now there no certain news about that happening, all I am seeing is goo vibes around crypto and it is continuously happening as if it was a systematize plan.

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May 03, 2019, 10:19:32 AM
 #8

$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.

Every prediction is speculation imho, no one can predict bitcoin price correctly. If there was correct prediction, I can say that it was just a coincidence.
We can make our own prediction on how the price will move based on what we believe based on some current movement on the market and/or news.
Anyway this topic belongs to speculation board just like other bitcoin price prediction as reported.




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May 03, 2019, 10:42:39 AM
 #9

this is a very funny, these guys who proclaim themselves to be experts are constantly embarrassing the crypto world with their predictions that always fail. Whenever the price falls a lot we have many experts making forecasts very peximistas and whenever the price increases a lot we have many experts making very exaggerated forecasts. we are already accustomed to this type of behavior

I think it might breach the $6K barrier before the end of this week which would be a huge step forward.

it may be possible

At the rate it which BTC continues to grow slowly and steadily in an organic manner, $10K is completely possible by the end of this year.

I am of the opinion that we will finish the year with the price of  $8000, but $10,000 is not impossible to be reached this year

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May 03, 2019, 04:57:34 PM
 #10

I don't think that it would ever reach that low again it is already reaching $6k right now.
So I think $1,800 is not going to happen .
We have seen it fall down and it didn't even go down that deep before the people wouldn't let it happen, or even if it does I think it would only be for a short period of time.

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May 03, 2019, 05:00:01 PM
 #11

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?

$1800 price for bitcoin was never going to happen. Come on, that's going to be too low. Altcoins will simply die off completely.

Now that's its picked up, let's look forward to a higher bitcoin price

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May 03, 2019, 05:05:41 PM
 #12

I don't think that it would ever reach that low again it is already reaching $6k right now.
So I think $1,800 is not going to happen .

Definitely it wont go down to $1,800 again but the crypto-world is full of surprise. The recent movement of Bitcoin price state clear that it's best approaching the bull run in a no distance time from now. Bitcoin roaring to the North will definitely attract more whales to wake up from slumber and a new dawn of Bitcoin ATH will surface.
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May 03, 2019, 05:07:16 PM
Merited by micgoossens (1)
 #13

$1,800 just wasn't going to happen, being far too bearish has it's side effects too. Now is the time to really think of FOMO because there will be missing out.

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May 03, 2019, 06:05:49 PM
Merited by micgoossens (1)
 #14

People who were waiting for under $3,000 are idiots. They had their chance then, they had their chance before $4,000. They had their chance before $5,000. These people can’t complain. It’s still a good time to buy though.

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May 03, 2019, 06:26:54 PM
 #15

That's just another speculation. We're done with the $1800 so we should expect a better value than that. There would always be positive and negative speculations but let's just hold on to what we believe. Crypto is actually getting better as massive and unexpected speculations are occurring. No one would want the bottom that you're saying anymore because everyone is hoping for the best value.

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kingplaya4
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May 03, 2019, 08:20:20 PM
 #16

BTC could go to zero. There are no guarantees. But visiting 1800? Don't see any possibility of that. It would have to be a disaster like the US making it a felony to trade in it or own it. The US once outlawed private gold ownership, so there is precedence.

I believe, and I am not an expert trader, this is just based on logic, but I think all these people expecting history to repeat itself with bitcoin are silly. Things are quite different in crypto than they were in the early 2010s. When I first bought a bitcoin it was about 180 bucks and I never ever considered holding onto it, it was just a means of trading. Things are quite different now. The market cap or total value is also 100 billion. It won't go up the same percentages it once did, and it is unlikely to go down the same percentages it once did. There was a bit of mania when it got to 20k last time, hopefully this rally will be more stable.

It could go back to 4k or even a bit lower though, who knows. At this point I'd wait and see if it breaks 6k, then buy in if it does and holds. If all the crypto people are right, 6k is nothing next to the 100k plus btc will be worth in a few years. They may or may not be right, but I wouldn't be surprised to see it at 100k someday, maybe even double that. If they are right, a thousand bucks up right now is practically a rounding error.
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May 03, 2019, 10:11:32 PM
 #17

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?

This pump we see right now will not last forever, but an $1800 bitcoins seems far away, we might go down and retest 4000 in a month or two, but right now bitcoins looks like in 2017 with good news each day. and a $10,000 bitcoins seems more likely than an $1800 bitcoin.

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May 03, 2019, 10:17:00 PM
 #18

I don't think the price will go to 1800$, even if more people say so, but i think that the price will grow and who want to spread FUD will do it again even if bitcoin will go to 10000$ they will say will drop to low.

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May 03, 2019, 10:24:51 PM
 #19

Given the undeniable popularity and growing acceptance that bitcoin has had over the months, regardless of the great volatility that is still observed in its price, it seemed to me that the market had very undervalued the price of bitcoin and what we are now observing it is a correction that is already necessary, since the arrival of cryptocurrencies to the real economy is a fact, and it is time for investors to reactivate their confidence in the power of bitcoin as a reliable investment instrument in the long term, which is why I find it difficult that from here on we get to see the price of bitcoin below $2,000.

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May 03, 2019, 10:43:52 PM
 #20

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.

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