rdluffy (OP)
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September 15, 2019, 01:19:36 PM |
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Guys, as we are seeing, we are in a 10k USD range for some time, are you ok if we end this year with this price? For me, I'm happy because we started the year in a very low price, and BTC reached 13k, falled to 10k and here we are, but the most importart for me it's the stability, it's good to hold the price for some time, without need to worry I confess that 12k USD will be very, very good
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Lucius
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September 15, 2019, 01:53:00 PM |
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With regard to the beginning of the year, $10 000 is great price, and I think it is the right price at this moment. The price is determined by the market, small people can not do anything to move the market up or down, we can only wait for big fish to start making moves.
Stability is good, though some will disagree with this, and they do not like times like this because there is not much opportunity to make a profit. Given that for a while price is very stable, the opinion is that very soon it must come to the point when the price will go up, or it will break down (some say under $9000).
It is my opinion that the price will increase after all, and I will give it 70% chance for that, but the volatility of BTC should never be neglected, so I give 30% chance to the possibility of price drop under $9000.
This is not trading advice.
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The Sceptical Chymist
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September 15, 2019, 02:15:03 PM |
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Hell yes I'd be satisfied if bitcoin sticks to the $10k range for the rest of the year--while it's true that it isn't fun to watch btc being stuck in a range, I'd rather it stay where it's at than 1) crash, or 2) rise too fast. As it stands, bitcoin is about halfway to its ATH right now and it's way higher than the last range it was stalled out at ($3500-$4K). As I've said repeatedly, you have to keep things in perspective. Everybody seems to want it to rocket to the moon as fast as it can, but that isn't healthy or sustainable. I'd rather not see a repeat of the Mt. Gox bubble or the 2017 one, and yes, I think both would qualify as bubbles. I give 30% chance to the possibility of price drop under $9000.
That's pretty precise odds you're giving. You could be right, but who knows. There isn't a lot of time left in 2019 and anything could happen. I do tend to think the bull market hasn't burned itself out, though, and I doubt we're going to end the year below $9000.
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YuginKadoya
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September 15, 2019, 02:21:53 PM |
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If we would look at the history of the movement of Bitcoin we can say that it did go a long way and back then the price isn't that much great, and back then the price that I have stumble was on the $500 USD and right now if you would say if I am OK with the price right now, I have to experience the low price back then so right now I am pretty much OK with the way how Bitcoin is moving, If the rice had stopped in moving up I guess this is the distance we can take in right now so I have to accept any amount as long as the price is higher than back when we are in the bearish market.
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Oceat
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September 15, 2019, 04:29:16 PM |
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It seems a bit good price if Bitcoin stays at $10,000 range within this year I don't have a problem with that, at least we could still enjoy the stable price for the whole year then by next year the halving start. Maybe we will finally gonna see the hype starting to rise each month or week before the halving occurs and I think 2020 is the year where we have to expect something big since this year is a bit skeptical.
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TIDOVEE
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September 15, 2019, 05:13:05 PM |
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Hmm. If we had never experienced the bull run before, we wouldn't have known how sweet it is and keep desiring for it, we have tasted the bull run and we have not stopped aspiring for another.but this time, it is what we have that we have to work with till it is over, but I am not satisfied with the $10,000.
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exstasie
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September 15, 2019, 05:34:21 PM |
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Guys, as we are seeing, we are in a 10k USD range for some time, are you ok if we end this year with this price? Markets will be markets. I'm okay with any price. You have to be as a trader. The more important question is, will the bull market be okay? The answer is yes. As long as the market remains above the 20-month EMA (just below $7,100) and preferably the June weekly pivot (in the $7,400s) then all this June-Sep action looks like a typical bull market correction. Going back up looks like a matter of time.
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Theb
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September 15, 2019, 06:11:11 PM |
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If I was ok that Bitcoin ended up 2018 in the 3,800 to 4,000$ level then I'll still be happy that we will end up more than double it's value by the end of 2019. Honestly I didn't expect Bitcoin to have this fast growth on a short time frame and the two scenarios we have on big jumps like this is we either fail and go down and trigger the bear market or have a higher consolidation stage which between the two I'll choose the latter as we won't be waiting for another break out reversal when we enter the bear market. But of course our real target right now is to try and re-test another resistance and by the looks of the market now BTC is still not over on trying to to go up above 11,000$ this year.
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1Referee
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September 15, 2019, 07:14:03 PM |
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I am OK if Bitcoin falls to $6000 and I am OK if Bitcoin pumps to $14,000. It's not really a big deal considering that every price movement right now is just a glimpse of what we will be going through in the forthcoming years. If you're really a long term believer of Bitcoin, you will love the opportunity of buying much lower than current levels. True bulls want to stack up as many satoshis as possible while the short term 'believers' cry over every semi large dump. When we're heading towards $100,000 people will think back at how stupid they were for not buying more at sub $10,000 levels. It happens all the time. Start stacking!
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gentlemand
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September 15, 2019, 07:22:49 PM |
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Fine with me. If you'd told me we'd be bored shitless at $10,000 around now 3 years ago I would've given you a big sloppy kiss. I'm more interested in the end of next year and the following one than this one. This period feels a bit no man's landish to me.
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goinmerry
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September 15, 2019, 07:30:02 PM |
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Guys, as we are seeing, we are in a 10k USD range for some time, are you ok if we end this year with this price? For me, I'm happy because we started the year in a very low price, and BTC reached 13k, falled to 10k and here we are, but the most importart for me it's the stability, it's good to hold the price for some time, without need to worry I confess that 12k USD will be very, very good I don't know why should be disappointed nor not be happy if bitcoin price will end up at $10,000 price at the end of the year. We came from a red market last year and that's the worst bearish market we have seen coming from $20,000 to $3,000. This year BTC price shows momentum at lower floors then slowly climb up and experienced several price swings to where it is now. This is just a start and soon this $10,000 is now the bottom. If you are just happy because of the specific price, think again. For BTC price to achieve your high price target, it needs a strong foundation and not just rocketing directly to the moon.
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romero121
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September 15, 2019, 08:49:02 PM |
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Even when the price of bitcoin was around $3000 we're all OK with that and there were more discussions about the growth to cross $5000. Users kept buying, selling, spending with that price and the same is being done when the price is above $10000. This means the market is getting better and better with time, same as that people expectations were moving forward along with the rising adoption.
However users are clear with the plans of bitcoin reaching more than $15000 as halving is scheduled for the upcoming year. As a beginning to the halving there will be good growth by the end days of the year which might cross even the previous ath of bitcoin.
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rdluffy (OP)
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September 15, 2019, 09:47:46 PM |
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Guys, as we are seeing, we are in a 10k USD range for some time, are you ok if we end this year with this price? For me, I'm happy because we started the year in a very low price, and BTC reached 13k, falled to 10k and here we are, but the most importart for me it's the stability, it's good to hold the price for some time, without need to worry I confess that 12k USD will be very, very good I don't know why should be disappointed nor not be happy if bitcoin price will end up at $10,000 price at the end of the year. We came from a red market last year and that's the worst bearish market we have seen coming from $20,000 to $3,000. This year BTC price shows momentum at lower floors then slowly climb up and experienced several price swings to where it is now. This is just a start and soon this $10,000 is now the bottom. If you are just happy because of the specific price, think again. For BTC price to achieve your high price target, it needs a strong foundation and not just rocketing directly to the moon. I'm not disappointed, but there are a lot of people who are waiting for ATH, or even more at the end of the year, days are coming, we are in mid of september and we are at 10k USD, and I don't see any movement towards 20k or more
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serjent05
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September 15, 2019, 09:48:26 PM |
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Well if BTC ends in the $10k range, I think it would be a good thing since as OP said we started at $3k range this year and having a price growth of more than 300% in a year is already a great achievement. There is still this halving next year so having it at around $10k at the year ends means more room to grow on the halving next year. I'm not disappointed, but there are a lot of people who are waiting for ATH, or even more at the end of the year, days are coming, we are in mid of september and we are at 10k USD, and I don't see any movement towards 20k or more
Well, let them be disappointed. These people fueled by greed and have no sense of patience. We can only speculate and wait for the next price movement and those people who are impatience reads more a lot of Bitcoin hyping news, they should lessen their time or best if they stop reading about Bitcoin hype news. This way they will come back to reality, that Bitcoin price is not something that goes up overnight and stabilize.
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udidrone
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September 16, 2019, 05:43:26 AM |
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Guys, as we are seeing, we are in a 10k USD range for some time, are you ok if we end this year with this price? For me, I'm happy because we started the year in a very low price, and BTC reached 13k, falled to 10k and here we are, but the most importart for me it's the stability, it's good to hold the price for some time, without need to worry I confess that 12k USD will be very, very good I think, i will be ok. Because the question is ask about people's personal opinion. At least it is not dumped very hard in 2019 and if price keep stable i think i will be ok because it is multiply a lot times than i first join crypto world.
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marcbitcoins
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September 16, 2019, 05:59:18 AM Last edit: September 16, 2019, 07:52:37 AM by marcbitcoins |
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$10k for Bitcoin value is already a good achievement for this year that inspite of bearish market Bitcoin still manage to dominate the whole crypto market with this value. Even do this is not what we are really looking for the price of Bitcoin but still i'm very satisfied with the market movement which is better than see it falling.
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LUCKMCFLY
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September 16, 2019, 06:05:07 AM |
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Guys, as we are seeing, we are in a 10k USD range for some time, are you ok if we end this year with this price? For me, I'm happy because we started the year in a very low price, and BTC reached 13k, falled to 10k and here we are, but the most importart for me it's the stability, it's good to hold the price for some time, without need to worry I confess that 12k USD will be very, very good I agree with you, although I believe that this time we will finish at $ 12K or more, this due to the start of BAKKT on September 23, which will bring new investors to the market, and will be with a different perspective than we have seen in the long From this story that takes 10 years, Bitcoin can be expected of a worldwide acceptance turnaround, just as they are doing now, worldwide news makes people know more and this attracts more participation, which if increases demand and supply decreases, the price increases and it will be very difficult for it to fall.
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Lucius
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September 16, 2019, 09:26:18 AM |
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Everybody seems to want it to rocket to the moon as fast as it can, but that isn't healthy or sustainable. I'd rather not see a repeat of the Mt. Gox bubble or the 2017 one, and yes, I think both would qualify as bubbles.
I think periods of stability like this have their role in long-term price formation. We are not see anything new these days, the only thing which is different today is the number of mined coins and coin price. Next big bull run will also very likely end with big correction, same as before for the same reason - people will take profits like always. Some people have an exit point at $30k, others at $50k or $100k. That's pretty precise odds you're giving. You could be right, but who knows.
That's just my personal opinion, everything in life can be displayed in some percentage. I am more convinced that we are moving towards a time where positive things will happen, which will result in a price increase. However, it is realistic to leave the possibility that something bad can happen (hack of big exchange, Trump go crazy and ban BTC in USA, or new economic crisis drag BTC down), so this 30% makes sense to me personally, although this is pure speculation only.
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NeuroticFish
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September 16, 2019, 09:35:09 AM |
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are you ok if we end this year with this price?
How comes you ask about this range? There are good news piling up, I expect it to rise much higher until the end of the year. However, to answer you, for me personally the current levels are also more than OK. Actually, even if it would fall to the levels from the start of this year, I trust Bitcoin enough to "know" it would recover.
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Jating
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September 16, 2019, 09:50:56 AM |
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Of course, why would we complain? We have seen the lowest price at $3200 last December 2018 and ending up at the $10k range would be great right?
But the thing is, we could end up more than $10k or suffered another dramatic spiral to $3k, so we really don't know what's going to happen at the end of the year. Better yet, not to expect something great so that we won't be disappointment.
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