Abiky (OP)
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May 29, 2020, 06:21:16 PM |
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Sorry OP but I think it’s a ridiculous question. Of course we’ll get past $10,000, stop being so impatient. It was the same in 2016, the halving is always a non-event, it takes a long time for the effects to take place.
2021 is the year we really fly up though.
We'll see. As long as the pandemic continues to spread fear across the market, crypto prices won't be going anywhere. COVID-19 needs to end first, for us to experience a fruitful economy in the crypto space. At least, Bitcoin has been programmed to be a deflationary cryptocurrency. This gives it an advantage over traditional Fiat currencies subject to manipulation by central banks worldwide. With a block reward halving every 4 years, prices should become higher than what they are right now. It all takes patience, as nothing happens overnight. Whales may have been manipulating the market all this time, but miners will truly "pump" the price of Bitcoin once they're seen in a position that will lead them to huge losses in terms of Fiat. $10K or not, Bitcoin will be here to stay for a very long time. My guess is that Bitcoin will be able to reach new ATHs once TX fees "settle" across the Blockchain. No average person would like to use Bitcoin for daily payments with such high fees. This results in decreased demand for the cryptocurrency across the market. While the Lightning Network promises to bring instant transactions at virtually zero fees, it's not a definitive solution for scaling Bitcoin. At some point, the block size needs to be increased in order to boost the capacity of the entire Bitcoin network. Only then, people will demand Bitcoin more thoroughly resulting in prices higher than $10k across the market. I hope that in the upcoming years we'll be able to experience $100k per Bitcoin. It'll be a wonderful ride for me, and anyone who has invested into BTC early. Just my thoughts ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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Furious 7
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May 31, 2020, 05:14:36 AM |
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Patient, patient, that's all we need now, we will eventually get there, we have not yet feel the effect of halving, history will not fail us I'm confident we will eventually reach $10 k hopefully on the second quarter of the year, I'm very bullish that this year we are going to experience another all time high, but we still need to be careful of FOMO.
looking at halving in the past bitcoin must take a year to move up and reach its peak. I hope just like colleagues above that it takes patience for that, there will be a moment when Bitcoin will break through $ 10K and will continue to move up slowly, but surely. when did the momentum occur? need time for that, right now bitcoin is only moving down and up in the range of $ 8K- $ 9K and it seems a bit heavy to break through $ 10K. but we believe that will happen. I see now Ethereum has begun to show its movements so that it has grown rapidly but until now bitcoin is only still stuck at the $ 9.5k figure, it is also difficult to achieve, is this not the right time to make a rally? Or is the pope planning something in the crypto market? but I don't fully believe that whales can control the market.
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kapalmabur
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May 31, 2020, 01:02:36 PM |
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Patient, patient, that's all we need now, we will eventually get there, we have not yet feel the effect of halving, history will not fail us I'm confident we will eventually reach $10 k hopefully on the second quarter of the year, I'm very bullish that this year we are going to experience another all time high, but we still need to be careful of FOMO.
looking at halving in the past bitcoin must take a year to move up and reach its peak. I hope just like colleagues above that it takes patience for that, there will be a moment when Bitcoin will break through $ 10K and will continue to move up slowly, but surely. when did the momentum occur? need time for that, right now bitcoin is only moving down and up in the range of $ 8K- $ 9K and it seems a bit heavy to break through $ 10K. but we believe that will happen. I see now Ethereum has begun to show its movements so that it has grown rapidly but until now bitcoin is only still stuck at the $ 9.5k figure, it is also difficult to achieve, is this not the right time to make a rally? Or is the pope planning something in the crypto market? but I don't fully believe that whales can control the market. staying at $ 9500 is very good for Bitcoin, because Ethereum in Btc pairs can go up if the price of Bitcoin is stable, and Ethereum can go up 2x maybe this year, I prefer altcoin over Bitcoin for now
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tbterryboy
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 31, 2020, 07:34:12 PM |
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It has tried to move beyond the $10k price today, it failed but that shows a good sign. Do you know why? Because, in order to pass some prices you have to first try them, try to make them go higher and higher and if they fail they just fail but when they come back they have less to work on, less wall, smaller amount of sellers, less bitcoins to buy to go beyond.
This is why whenever price tries to go above a certain limit but fails, I find it amusing, because that "failin" meant to me that it will try once again and this time it is going to be simpler, hopefully going even beyond. If anyone wants to buy bitcoin, right now is the best time and put up 10% profit and put a sell order there, you are going to regret not doing it because when the price breaks over $9.6k levels, it is going to breakthrough and be over $10k as well, which means close to 10% profit to all holders.
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Mahanton
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 31, 2020, 11:55:57 PM |
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Patient, patient, that's all we need now, we will eventually get there, we have not yet feel the effect of halving, history will not fail us I'm confident we will eventually reach $10 k hopefully on the second quarter of the year, I'm very bullish that this year we are going to experience another all time high, but we still need to be careful of FOMO.
looking at halving in the past bitcoin must take a year to move up and reach its peak. I hope just like colleagues above that it takes patience for that, there will be a moment when Bitcoin will break through $ 10K and will continue to move up slowly, but surely. when did the momentum occur? need time for that, right now bitcoin is only moving down and up in the range of $ 8K- $ 9K and it seems a bit heavy to break through $ 10K. but we believe that will happen. I see now Ethereum has begun to show its movements so that it has grown rapidly but until now bitcoin is only still stuck at the $ 9.5k figure, it is also difficult to achieve, is this not the right time to make a rally? Or is the pope planning something in the crypto market? but I don't fully believe that whales can control the market. Good thing that we do have alt options for us to take but somewhat it depends on an investor or trader to take it on because not all the time we would really depend in btc because we do know that there are sideways or tanking moments which means earning in short time wont really be that feasible for us to take.So in other hand we can deal up with alts for the moment which do had significant move.About the plan you've been talking, no one really knows on when btc market would make a move this is what makes hard to make a decision when the market is moving sideways or stable like situation because we cant tell if it would head up or go back down.
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josgandosbro
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June 01, 2020, 12:23:14 AM |
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at least the price of bitcoin is more stable between $ 9k- $ 9.5k, unlike before, which experiences a rapid dump. I'm sure if bitcoin will soon reach $ 10k. we just need a little patience
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OrangeII
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June 01, 2020, 05:40:19 AM |
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at the moment, the price of $ 10k is not imagination. however, currently, the price is very close to the price of $ 10k, and even with just a little pump, the price will reach that level. for now, we just need to be patient and prepare a strategy when the price of bitcoin reaches that price. besides, I feel that the price of bitcoin can reach a higher price in the near future.
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Finestream
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June 02, 2020, 11:21:10 AM |
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at the moment, the price of $ 10k is not imagination. however, currently, the price is very close to the price of $ 10k, and even with just a little pump, the price will reach that level. for now, we just need to be patient and prepare a strategy when the price of bitcoin reaches that price. besides, I feel that the price of bitcoin can reach a higher price in the near future.
Bitcoin again reached at $10K level, we got some good pump today which I don't expect to happen. As usual, bitcoin is being unpredictable but it's good to see that we break big resistance and we are trading at $10,000 now. Per Binance, the 24hours high is $10,380, and it looks like bitcoin will stay at $10,000 for awhile., I'm observing the altcoins movement as well. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fimgbbb.com%2Fimages%2F2020%2F06%2F02%2Fpump.png&t=665&c=eL9gOO4HYNhmIg)
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snipie
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June 02, 2020, 01:08:16 PM |
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at least the price of bitcoin is more stable between $ 9k- $ 9.5k, unlike before, which experiences a rapid dump. I'm sure if bitcoin will soon reach $ 10k. we just need a little patience
Your wishes became true and the price is above $10,000 in the previous 24h and until now. The main thing is to remain stable and avoid rush selling or else the price will not last that long in 5 digits!
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Gaaara
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June 02, 2020, 03:38:11 PM |
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There is some doubts since of the pandemic and there is a chance that bitcoin will somehow struggle this year but as far as the year goes bitcoin is doing well, therefore as long as it can maintain its current phase there should be no doubt that bitcoin would go for a all time high before this year ends.
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South Park
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June 02, 2020, 06:26:19 PM |
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It's already been past halving, yet prices continue to fluctuate between the $9k to $9.5k range. I've noticed that each time prices try to reach $10k, everything "falls out" immediately. Is this a result of price manipulation by whales? At this pace, it's hard to believe that Bitcoin will ever get past $10k. Even if it does get past $10k, reaching a new ATH in price could be quite challenging. Since it's been only a week after Bitcoin's third halving, anything could happen in the future. Right now, we're in a level of uncertainty due to the COVID-19 pandemic. Maybe Bitcoin will be able to break out to new levels in price after all of this is over? Or will it continue to rise while Fiat goes down the drain? Whichever way Bitcoin goes forward in terms of price, many people will still support it. Fees are at an increasing rate, so we'll have to wait until everything goes back to normal (both in Bitcoin and the mainstream world) for prices to head all the way past $10k and beyond. What are your thoughts? Do you think Bitcoin will ever get past $10k? ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) It is obvious that at some point in the future bitcoin is going to go above 10,000, this is simply not the right time for it, just yesterday we saw a huge surge in the price of bitcoin that allow it to go above 10,000 but just a few hours later the price went back to where it started, there is simply no strength in the market for the price to reach those levels and maintain itself there, there are many reasons for this but the most obvious is that the pandemic has created an environment in which many people are not ready to take significant risks and instead they are preferring to keep cash on hand just in case things get even worse and that kind of environment is not precisely the best if you want to see significant growth in an asset like bitcoin.
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Abiky (OP)
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June 02, 2020, 09:04:02 PM |
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It has tried to move beyond the $10k price today, it failed but that shows a good sign. Do you know why? Because, in order to pass some prices you have to first try them, try to make them go higher and higher and if they fail they just fail but when they come back they have less to work on, less wall, smaller amount of sellers, less bitcoins to buy to go beyond.
This is why whenever price tries to go above a certain limit but fails, I find it amusing, because that "failin" meant to me that it will try once again and this time it is going to be simpler, hopefully going even beyond. If anyone wants to buy bitcoin, right now is the best time and put up 10% profit and put a sell order there, you are going to regret not doing it because when the price breaks over $9.6k levels, it is going to breakthrough and be over $10k as well, which means close to 10% profit to all holders.
Yesterday, prices got past the $10k mark. It took a little longer than expected, but at least, Bitcoin is back on track. Patience is key in order to obtain good results. Impatience will lead you to make wrong decisions that will make you regret them in the long term. Weak hands will always sell Bitcoin due to their lack of faith in crypto, while strong hands will buy and "hodl" no matter what. With Bitcoin's fluctuating prices on the market, it's possible to make some profit in the short term. Most people are focused on the price per coin, but not on the profit opportunities price volatility brings with it. Even if Bitcoin heads back to $7k per coin, anyone can buy at such levels to sell at a higher price. There's really no way to determine the true price of a Bitcoin. If all goes well, I'd expect Bitcoin to reach a new ATH in a couple of years from now. It's best to focus on the pioneer cryptocurrency's developments instead of what the mainstream media says about it. Most negative reactions about Bitcoin on the mainstream media, has encouraged people to sell their coins on the market. As long as you focus on Bitcoin's utility, nothing else matters. One Bitcoin will always be equal to one Bitcoin no matter what. By using Bitcoin directly without depending on Fiat as a unit of account, the crypto economy would be a lot better than what it is right now. The future of Bitcoin looks bright as Fiat continues to be debased by mainstream governments. Just my opinion ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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KTChampions
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June 02, 2020, 10:15:38 PM |
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I thought today in this thread there will be more comments ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) The price has reached 10k two times - both bottom and top. In general, such a movement is very similar to a game against traders using margin trading. Apparently soon we should see a really big movement (I do not presume to predict in which direction).
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Dr.Osh
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June 03, 2020, 09:25:04 AM |
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I thought today in this thread there will be more comments ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) The price has reached 10k two times - both bottom and top. In general, such a movement is very similar to a game against traders using margin trading. Apparently soon we should see a really big movement (I do not presume to predict in which direction). in fact, I think a little bit that the price of bitcoin won't last long above the current $ 10k price. maybe it takes time. well, yesterday, the price of bitcoin exceeded that price, and the price suddenly returned to the initial level. it seems like many people are targeting to sell their assets at that level.
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Janation
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June 03, 2020, 09:56:30 AM |
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It just did.
The price decreased immediately so I don't know when will it happen. I think it would pump again the next few weeks I think it will not be that sudden like what happened when it crossed at $10K. It is been on the talks that a recession will happen so I think we should be ready and be aware of that too. We should make a good strategy to do something about it.
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aioc
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June 03, 2020, 12:33:01 PM |
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looking at halving in the past bitcoin must take a year to move up and reach its peak. I hope just like colleagues above that it takes patience for that, there will be a moment when Bitcoin will break through $ 10K and will continue to move up slowly, but surely. when did the momentum occur? need time for that, right now bitcoin is only moving down and up in the range of $ 8K- $ 9K and it seems a bit heavy to break through $ 10K. but we believe that will happen.
Last 30 days and we are 8% profit, we are moving up we just need not be hurry if you bought two weeks ago that 8% profit is still big, it's not about the $10,000 level but small profit from your purchase in the bear market or when there is a dip, it's important that you buy when there is a dip in the market.
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RealMalatesta
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June 03, 2020, 09:18:35 PM |
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People are talking about last halving like we are nowhere near the same levels. We are talking about from cents to dollars to hundreds of dollars there, which is not a big deal at all because market cap is literally 1/100th of right now and even lower, there is a point where its 1/10000th of the current stage on early days, which means its not really the same thing anymore.
Back then the whole market cap could have been 2 billion at most, right now we have seen 2 billion movements from bitcoin all around on a regular day up and down, which is why people fail to realize that not the same thing could happen. Of course, it could go up, that is simple because honestly there will be less coins sold every single day, that has to count for something in the long term, but do not expect to go up like the old days.
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KTChampions
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June 03, 2020, 10:24:51 PM |
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I thought today in this thread there will be more comments ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) The price has reached 10k two times - both bottom and top. In general, such a movement is very similar to a game against traders using margin trading. Apparently soon we should see a really big movement (I do not presume to predict in which direction). in fact, I think a little bit that the price of bitcoin won't last long above the current $ 10k price. maybe it takes time. well, yesterday, the price of bitcoin exceeded that price, and the price suddenly returned to the initial level. it seems like many people are targeting to sell their assets at that level. This is one of the main problems of the ecosystem - most participants only want to sell their bitcoins for a dollar at a profit. The rest does not interest them. Obviously, in such conditions, the bitcoin volatility will not decrease and I think this is a negative factor for serious development.
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Kong Hey Pakboy
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June 04, 2020, 04:19:54 AM |
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I thought today in this thread there will be more comments ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) The price has reached 10k two times - both bottom and top. In general, such a movement is very similar to a game against traders using margin trading. Apparently soon we should see a really big movement (I do not presume to predict in which direction). in fact, I think a little bit that the price of bitcoin won't last long above the current $ 10k price. maybe it takes time. well, yesterday, the price of bitcoin exceeded that price, and the price suddenly returned to the initial level. it seems like many people are targeting to sell their assets at that level. This is one of the main problems of the ecosystem - most participants only want to sell their bitcoins for a dollar at a profit. The rest does not interest them. Obviously, in such conditions, the bitcoin volatility will not decrease and I think this is a negative factor for serious development. Most people that buys bitcoin only waits for bitcoin's price to get past $10K, so they could sell their bitcoins for fiat that there onky interest is really to get profit, not to use bitcoin as a currency or other interest. That is why it takes long for bitcoin to increase because people immediately sell out their bitcoins.
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Mahanton
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 04, 2020, 10:06:42 PM |
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I thought today in this thread there will be more comments ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) The price has reached 10k two times - both bottom and top. In general, such a movement is very similar to a game against traders using margin trading. Apparently soon we should see a really big movement (I do not presume to predict in which direction). in fact, I think a little bit that the price of bitcoin won't last long above the current $ 10k price. maybe it takes time. well, yesterday, the price of bitcoin exceeded that price, and the price suddenly returned to the initial level. it seems like many people are targeting to sell their assets at that level. This is one of the main problems of the ecosystem - most participants only want to sell their bitcoins for a dollar at a profit. The rest does not interest them. Obviously, in such conditions, the bitcoin volatility will not decrease and I think this is a negative factor for serious development. Most people that buys bitcoin only waits for bitcoin's price to get past $10K, so they could sell their bitcoins for fiat that there onky interest is really to get profit, not to use bitcoin as a currency or other interest. That is why it takes long for bitcoin to increase because people immediately sell out their bitcoins. You cant please everyone and we know that majority would really aim for profits which is just normal even myself would really have that target in mind which is to make profits and at the same time i do believe on bitcoin tech and potential.Why would choose one ? if you can utilize its volatility to make profits? It might sound too harsh but this is what the reality we are taking on. There would be sellers and buyers which are the main components of a market and sell-off on a particular level or price point is no surprise.What we need here is a constant or increasing demand but we know that this cant be achieved overnight.
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