Btc price is allready too high

[Polo7]

Btc price is allready too high.

Investors are afraid to invest That's Why btc is Not Going Up now


But Other top coins are cheaper so investors Will accumulate ETH, ltc, bch eos... Coz They are cheaper



Btw... Who got Money 10k anyways to just trough to at risk to buy Some risky Cryptocurrency like Bitcoin



Other coins are cheaper im sure investors Not mind to invest like 1000 $   in to risk...




But investors who got Capital to invest 10k that investor got to be clever other wise he or she Wouldnt have that Kind of free Capital to Through in to Bitcoin.



Here is my possible scenario


Btc Will tremain 10k  to 11k price and sametime Other coins Will climb Up!


For retail investor btc price is too high all Ready! 


And the fact that we are in Economic slow Down, so the investor who got 10k likely Not gona invest it in Bitcoin

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[Mahanton]

First of all, its better not to make use of space cut-offs everytime you do post because it do consumes too much space.
Second, seems like you do hate BTC eh? Its not necessary for you to invest in whole bitcoin on its current price 1btc=10k
Yes, you can make alternatives like choosing alts but you cant really able to deny on whats the difference with alts to BTC.
The community support does matter because the higher it is the more assurance you will able to see.

[Polo7]

First of all, its better not to make use of space cut-offs everytime you do post because it do consumes too much space.
Second, seems like you do hate BTC eh? Its not necessary for you to invest in whole bitcoin on its current price 1btc=10k
Yes, you can make alternatives like choosing alts but you cant really able to deny on whats the difference with alts to BTC.
The community support does matter because the higher it is the more assurance you will able to see.

I Don't hate btc!

I Don't like slow btc slow confirmations.

[jossiel]

Bitcoin price isn't really high if you have long term plans holding it and you have the same goal as others of waiting for the right time to sell.  Investors aren't afraid of buying bitcoin and if that's what you think that bitcoin will never increase because of that, it's you that thinks that way.

The risk on altcoins are much higher than the risk that bitcoin is showing to us.

[Febo]

Btc price is allready too high.

And the fact that we are in Economic slow Down, so the investor who got 10k likely Not gona invest it in Bitcoin

You are right that price of Bitcoin is not cheap. Bitcoin was cheap at beginning of year and then after correction up keep continue going up for almost half year instead of going sideways. Now will most likely catch up on that.  What will other coins do depend on them. Some will go eventually to zero. Next financial crisis will definitely help with that.

There is economic slow down, but there is no crisis yet. And on long term this crisis will help Bitcoin greatly.

[Kemarit]

I don't think that the current price is too high for Bitcoin. It's just trading sideways at the moment, meaning the demand is just so-so but we all know that everything can change and create a new trend (downward/upward). I guess everyone is just waiting for the Bakkt on Sept 26, so we are like in a cat-and-mouse game. No one is moving unless they see something very positive and then the FOMO starts to set in again. People said that Bitcoin is too high when it touches $1000 in 2017, and there will be people calling the price too exorbitant at $10,000 in 2019. I hope you see the pattern here.

[pealr12]

I dont think so, bitcoin is only taking a break and investors are into altcoins by now. After profiting on altcoins investors will return back on bitcoin the same time bakkt will launch.

[Reatim]

You should have talked out this when the price of bitcoin fall to $3k and the altcoins stays falling as well.now that bitcoin climb to almost $14k months ago and altcoins remains falling then you are given this scenarios?if those investors will realized how to invest then they should have done that before June of this year

No way that bitcoin will overpassed by new altcoins in this highest capitalization recorded and no thing that $10k will be its home.

I dont think so, bitcoin is only taking a break and investors are into altcoins by now. After profiting on altcoins investors will return back on bitcoin the same time bakkt will launch.

What do you mean investors are into altcoins by now?

Not because the green favors altcoin meaning that investors change ways this is just a testing of the strength of how altcoins stays or bitcoin will run high in the next weeks

[TastyChillySauce00]

Op, what you must to do to see how the price of bitcoin is going increase steadily and this is the best coin which is not having a lot of volatility and compared with another crap coin and bitcoin is the best choice.
if you are even thinking if bitcoin is worst than altcoin and it's better to tell you about you can now invest in stable coin with the hopes you can get the volatility from there.
I thought that this is a joke from you. 

[numanoid]

Op, what you must to do to see how the price of bitcoin is going increase steadily and this is the best coin which is not having a lot of volatility and compared with another crap coin and bitcoin is the best choice.
if you are even thinking if bitcoin is worst than altcoin and it's better to tell you about you can now invest in stable coin with the hopes you can get the volatility from there.
I thought that this is a joke from you. 

Bitcoin has high volatility, as example when it was almost broke $10k and then it goes down to $3k, then several months later, bitcoin back to $13k again and dropped to $10k until now. Tell me which side you see bitcoin doesn't has lot of volatility?

[patz22]

The higher the price the higher chance of getting it low vice versa. And with the regards with the current movement of btc. It is actually a good thing becausw if it is stable chances are alts will pump but definitely dump if btc dumps but as I can see for the past days it didnt happen for example with ETH. It is getting up even there a slight decrease in btc so it is a good thing with other alts as well.

[republicrypto]

i think in this crypto investments nothing too high or too low in price,
because cryptocurrency price is uncontrollable, sometimes the price could fly higher or down harder mate
remember all investments is risky buddy,,
now you can said bitcoin price is already too high, but when the price of bitcoin touch $20,000 you will said $10,000 is too low
regards

[perla]

By the way, bitcoin not reach ATH yet so it is not too high for me and maybe some people. About BTC confirmation, just set high fees, or maybe leave your transaction after you send it, i follow my friend to do that and it is better than wait for transaction to get confirmation, and it is not too long, not like in past where BTC need days to get confirmation right.

[maydna]

First of all, its better not to make use of space cut-offs everytime you do post because it do consumes too much space.
Second, seems like you do hate BTC eh? Its not necessary for you to invest in whole bitcoin on its current price 1btc=10k
Yes, you can make alternatives like choosing alts but you cant really able to deny on whats the difference with alts to BTC.
The community support does matter because the higher it is the more assurance you will able to see.

I Don't hate btc!

I Don't like slow btc slow confirmations.

So you need to use a higher fee before you send the bitcoin from your wallet. I think you will not wait too long to see the transaction will get confirmed by the network or you can use the lightning network to cover the fee. But you can choose altcoin if you don't want to pay in a higher fee and you will get so many low altcoin price with a low fee in making a transaction. So far, I think the confirmations of the transaction is fine for me. I can accept the time to get confirmed because if you already see the transaction has been sent to your wallet or you were already making a transaction, the transaction will get confirmed by itself.

[o48o]

Posts like this one makes me think that the next big bullrun of btc is near. Cheap is a relative concept but when you read about btc fundamentals it's pretty obvious (to me at least) that it's undervalued.

[Cnut237]

I don't really see the point about bitcoin at $10k being too expensive because people are not willing to pay $10k to buy in. You can just buy 0.1 BTC with $1k. Individual coin price is irrelevant unless considered alongside supply (market cap).

As for alts being a bargain compared to BTC, yes I would agree they look under-priced. However I think this is a consequence of the market. A lot of it is based on expectation of future utility. It is largely confidence-driven. BTC is the safest and most resilient crypto, which is why it rises first. Alts should follow once confidence has risen sufficiently. We may be starting to see that now with the rises in ETH and XRP over the last couple of days.

[erikalui]

I Don't hate btc!

I Don't like slow btc slow confirmations.

BTC confirmations aren't that slow if you use appropriate fees. Even 5 sats/byte transactions get confirmed faster while recently ETH network was congested and my transaction took 10 hours to get confirmed while the second one dropped.

BTC has been in existence since 10 years so but obvious it's price is high while ETH started 4 years ago and I feel that $215-220 is a good price being an altcoin. We shouldn't forget that other coins are going up in terms of prices only because of BTC. Also, I trust only ETH when it comes to altcoins as it's graph has been more stable. Investors are investing more in BTC to be honest.

[didzi]

Posts like this one makes me think that the next big bullrun of btc is near. Cheap is a relative concept but when you read about btc fundamentals it's pretty obvious (to me at least) that it's undervalued.

yes, i agree with you cheap and expensive is relative
when bitcoin price about $5000 people scream if the price of bitcoin on oversold area,,
and now bitcoin price run above 10K usd, then the OP said bitcoini price already to high,
then what happend if bitcoin price now going to 50K ??

[Hypnosis00]

Btc price is allready too high.

Investors are afraid to invest That's Why btc is Not Going Up now


But Other top coins are cheaper so investors Will accumulate ETH, ltc, bch eos... Coz They are cheaper

It might be a factor also and people are still worried that it turns down drastically in awhile when they invest right now just like what it happens after 2017 bull run. Nobody expecting that and it makes them think of the current price.

But I don't see how it affects with the price of ETH and the rest of top altcoins cause their price are still in low which we could think that it will move high if investors will look for it.

[leea-1334]

First of all,,, this was the same argument when Bitcoin was at $30 and $100 and $1000 and $20000. A lot of people said price was too high but still many new investors came in anyway. Price is not the issue.

Second thing,,, $10,000 now is no different from any price. If you have $100 you have $100 in Bitcoin, it matters not at all how much BTC is you do not have to get 1 whole BTC.