mahilchii
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May 11, 2020, 03:33:54 AM |
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Definitely, because the pump we are seeing now is the effect of Halving what matters is the price should be the same even after the Halving. The major impact is COVID-19 apart from that big whales are playing their roles in pump and dump not sure how much the price will go, few prediction the value will drop massively after halving so to me if it reach 10k by the end of the year that's okay..
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onrise
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May 11, 2020, 04:43:36 AM |
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Definitely, because the pump we are seeing now is the effect of Halving what matters is the price should be the same even after the Halving. The major impact is COVID-19 apart from that big whales are playing their roles in pump and dump not sure how much the price will go, few prediction the value will drop massively after halving so to me if it reach 10k by the end of the year that's okay..
Success for each person would be different and anyone who had bought at lower level and ends up at higher at the time of sell will consider him as a successful in making money from cyrpto. Though if compared to the same time that during year how btc has performed overall and how the coins has performed if bought late or sold early than there would be variations and this could lead to differ the answer. Though its being long long time before the btc has stayed above 10k for now and anything above it will be a really a good thing for now.
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Viscore (OP)
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May 11, 2020, 04:55:59 AM |
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Definitely, because the pump we are seeing now is the effect of Halving what matters is the price should be the same even after the Halving. The major impact is COVID-19 apart from that big whales are playing their roles in pump and dump not sure how much the price will go, few prediction the value will drop massively after halving so to me if it reach 10k by the end of the year that's okay..
Success for each person would be different and anyone who had bought at lower level and ends up at higher at the time of sell will consider him as a successful in making money from cyrpto. Though if compared to the same time that during year how btc has performed overall and how the coins has performed if bought late or sold early than there would be variations and this could lead to differ the answer. Though its being long long time before the btc has stayed above 10k for now and anything above it will be a really a good thing for now. I am glad that most of the voters sees bitcoin staying at $10k by the end of the year a success. It's true that $10,000 is just hard to achieve and to remain stable at that price at the same time, we've seen bitcoin at $10,000 just recently, but it dumped now, so I am hoping the rest of the year we will be able to see bitcoin going uptrend than it will struggle to stay at a good price again.
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imstillthebest
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May 11, 2020, 05:26:03 AM |
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many attempts for 10k usd this year and until now price didnt cross to 10k usd even the help of incoming halving hype but what if the price didnt cross its because there was a crisis . now they say crisis will last a long time so i think price will be staying only this way .
i havent place a vote on the poll because for me btc is already sucesful no matter what its price . its running for the 10 years or more now and many people already benefiting from it .
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Reatim
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May 11, 2020, 06:09:16 AM |
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Nope because i expect much better for Bitcoin before the end of the year mate.
Yeah we can see and look upon the situation and bad economic positioning now but we have more than 7 months to wait.
Maybe 12-15k is enough for me before end of December and may increase more in the following year as the effect of The Bitcoin Miners Halving is still on the air.
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mahilchii
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May 12, 2020, 04:58:52 PM |
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Let's give honest reviews, everyone in this forum know how tough situation has turned around across the globe. COVID-19 has demolished the entire market from oil, share market etc apart from that many of them lost their life's that's the saddest part. The economy in many countries has driven down still BTC managed to reach 10k is a real achievement for me and obviously it's a big success..
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bitbunnny
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May 12, 2020, 06:10:08 PM |
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To be honest, yes, and I would be happy if Bitcoins touched 10000$. It seems that this border is hard to cross and price is struggling quite a while now to come again to that value. This year is full of surprises, especialy the situation will pandemic that has shaken the whole world and it's still hard to tell what else we might expect. That doesn't only influence traditional financial markets but cryptocurrencies too. Even if the price crosses 10000$ it's hard to tell for how long it can stay there or go even further.
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STT
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May 12, 2020, 10:57:33 PM |
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Just keeping a good average price is a success, people state the peaks but the majority capture the average and only a few trade at peak prices before it disappears again. A rising long term average in the 200 day average is far more positive then spiking up to a price then declining just as fast. Most of what I remember of the 2017 peak was really around the 10k area, to have achieved that multiple times since has put us as bullish quite often since and I dont rate the peak price as an absolute guide.
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chaser15
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May 12, 2020, 11:10:10 PM |
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Bitcoin has been very unpredictable, it has dump to its dip this year before it rally to be back at $10,000 again. Although that price is not stable yet because we are still below $10,00 now, but then the percentage of increase from the dip is already good enough, maybe some investors already taking profit right now, but can we still expect a rise from here and what do you think the price by the end of the year?
will bitcoin drop below $10,000 or will be price at least $10,000... what's your thoughts?
You can answer these questions based on experience. After all, it was all speculation if we drop prices here. Even experts can't answer what should be the price by the end of the year. And there will be no stable price as long as crypto is not being used as a primary mode of payment.
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carlfebz2
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May 12, 2020, 11:14:35 PM |
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Bitcoin has been very unpredictable, it has dump to its dip this year before it rally to be back at $10,000 again. Although that price is not stable yet because we are still below $10,00 now, but then the percentage of increase from the dip is already good enough, maybe some investors already taking profit right now, but can we still expect a rise from here and what do you think the price by the end of the year?
will bitcoin drop below $10,000 or will be price at least $10,000... what's your thoughts?
In the term "SUCCESS" then it will depend on each person because we do have different goals. In general aspect then calling success will mean about reaching high price in a particular time compared on what happened in the past or lets say it is much higher if we do base on statistics and how much more if we do reach nor even break the previous all time high which is really a success thing. On investors side then success will particularly talk about gains no matter what price it would be as long it do shows green or gains then it would be considered itno that criteria. We wont we even know if the price would hold up 10k in a matter of year,with this price volatility aspect its really hard to presume or decide things because it can either go down unexpectedly.
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ultrloa
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May 12, 2020, 11:17:16 PM |
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Whatever the price it is aslong as it stable and cannot create panic due to the dump we can call it success and although there is a series of dump but still bitcoin still here alive and giving us an opportunity we can still call it a huge success.
Bitcoin still running and if the price died quickly you can call it a complete failure but it will never happen since many supports bitcoin.
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maxreish
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May 13, 2020, 07:10:25 AM |
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Its not a success because it is meant to happen. I mean, we have seen more than $10k before and that doesn't surprise if we hit $10k or more this year. And mind you, it hit last few days before halving event. Though it doesn't last longer but it was expected to go down because of this halving. We are in unstable market and it is not new if it broke the $10k resistance level or we may experienced above that level.
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Reatim
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May 13, 2020, 07:51:26 AM |
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if we will going to compare this year having 10,000$ value to those last 2 years?i think we must be very grateful to have at least $10k this whole 2020.
Yeah i must respect that we are in halving season but also we are in deep crisis guys.
The world is suffering from recession so what can we expect?Keep the holding for a while at least until next year and then lets decide if we need to go out or will stay.
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michellee
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May 13, 2020, 08:42:39 AM |
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I would call that will be a little success if bitcoin can stay to $10k this year. But that would be great if bitcoin can hit more than $15k before the end of this year, so we can have a chance to recover our lost in a few years ago. Many people still guessing on how much bitcoin can increase in this year, at the end of this year, or next year but the truth is bitcoin can move and hit any highest price, especially when the time is right. Maybe bitcoin price will give a surprise in the month.
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Lucius
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May 13, 2020, 10:42:18 AM |
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I vote for YES, for the reason that we are in a very specific year, the pandemic has done its thing and the consequences will be felt for years to come. Given the current situation, I think that $10k by the end of this year would be quite a decent price, which on the other hand would be $6000 + from currently the biggest bottom we have on 11/12 March this year.
This of course does not match the wishes of those who expected much more with regard to halving, but one should be realistic and look at a much broader picture than just expect the price to go to the moon on its own. However, we should not be pessimistic either, because we have seen that the price can change very quickly in both directions, so it is quite realistic to conclude the end of the year with $15 000, but also with $5000.
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peter0425
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May 13, 2020, 12:42:52 PM |
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I am not desperate and over expecting,10k for me is Good price for the world situation now even that we are in halving season. so if ever that there are Higher value comes at least i will be more gladly than being failure expecting high but nothing comes. Let's give honest reviews, everyone in this forum know how tough situation has turned around across the globe. COVID-19 has demolished the entire market from oil, share market etc apart from that many of them lost their life's that's the saddest part. The economy in many countries has driven down still BTC managed to reach 10k is a real achievement for me and obviously it's a big success..
that is why i am speaking reality and don't wanna fool myself believing to have Bullrun but was not real.
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Findingnemo
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May 13, 2020, 02:35:20 PM |
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When bitcoin already reached $10,000 in this year earlier then reaching it again cannot be considered as real success to bitcoin so people might expect new all time high or at least $15K by end of this year to consider them selves as success on investing in bitcoin especially due to halving speculation.
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thecodebear
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May 13, 2020, 10:01:29 PM |
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If above $10k became the norm for the second half of the year I'd say that is success for the year. Right now $7k-$8k feels normal - a price range its been bouncing around give or take for a long time. So if several thousand dollars higher than that feels like a normal market accepted value that the price doesn't go below except maybe briefly during a crash that'd be solid gains for the year. I don't expect things to really start heating up until 2021 and 2022 (at which point I think we'll see another peak). So just gradual build up this year to the point where 5 digits becomes the norm for the first time in Bitcoin's history would be great.
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Quidat
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May 13, 2020, 11:44:21 PM |
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If above $10k became the norm for the second half of the year I'd say that is success for the year. Right now $7k-$8k feels normal - a price range its been bouncing around give or take for a long time. So if several thousand dollars higher than that feels like a normal market accepted value that the price doesn't go below except maybe briefly during a crash that'd be solid gains for the year. I don't expect things to really start heating up until 2021 and 2022 (at which point I think we'll see another peak). So just gradual build up this year to the point where 5 digits becomes the norm for the first time in Bitcoin's history would be great.
We would really much prefer on having that gradual increase than going or moving up too fast because most likely that would really be followed by a correction.Playing prices or these waves are normal yet market has always been like this.If we stay up 5 digit on the rest of the year or into future years to come then that would really be called a success but doesnt mean that we wont already be heading back down again to 4 digits.Market is way too volatile which it can crash out without even expecting.
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el kaka22
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May 14, 2020, 08:11:17 AM |
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I would definitely call it a success. You think bitcoin can only go up, but there is also a big reason why it could go down as well, as long as people keep on selling bitcoin it could go down and that is something none of us will want. Right now price is not even $10k, which means in order to reach $10k it should go up and that is fine enough for me, I do not need it to go to $20k or something, I find it refreshing enough to actually stabilize in the price and that is cool.
If we actually go over $10k eventually and never go down this year and end the year on a streak of over $10k price for months, that will carryover to 2021 as well and we are going to have one hell of a year in 2021 thanks to that. Which means I am more than happy to keep the price on $10k.
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