tranthidung
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August 21, 2020, 11:12:30 AM |
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The market often moves oppositely with what most of people, investors think it will move. Market behaviours can be consolidated and described this way. ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif)
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int03h
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August 21, 2020, 01:47:14 PM |
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Bitcoin is likely to increase in value soon as the amount of bitcoins on exchanges is now lower than it was in 2018 and 2019. It means that when the money flows into these exchanges it will be easier to increase in value. Now that the mines in China have been swept away by the flooding of the miners, I think they will sell their bitcoins to rebuild their computer systems to continue mining bitcoin soon.
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kryptqnick
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August 21, 2020, 02:45:57 PM |
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Aight. Thanks for your prediction. You do realize that moonboy price predictions doesn't really help anyone though? It's just as bad as the perma-bear price predictions that people like Nouriel Roubini and Peter Schiff make. Also, while I mostly(not 100% of the time as some "predictions" actually makes sense) dislike predictions, at least give us a decent bullish case. Your reasoning was pretty much something like "bitcoin will go to the moon because bitcoin hit 11k". Like what.
Well, predictions aren't useless in a sense that they might affect the prices. For instance, with many positive predictions regarding Bitcoin there's a chance many users will buy out of FOMO which, in turn, would lead the prediction on the way to being self-fulfilling. I also believe there's a good chance Bitcoin will climb if not to ATH, then to $15k by the end of the year. I don't look forward to it, however, since I don't want the price to explode like it did 3 years ago.
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DeathAngel
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August 21, 2020, 03:59:39 PM |
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BTC I was reading some sentiments regarding BTC on twitter, some wanted to jump out of the ship, but I was think of BTC last ATH. Before it, price was below $11K...and now price was near similar to that...so all I've been thinking and doing is praying/chanting. "JUST KEEP MOVING...NO STOPPING". What you guys think?
The best thing you can do at this point is just HODL. We’re only a few months after the block reward halving, the true effect of the reduction of new coins on the market isn’t shown in the price yet. If you can HODL until near the end of 2021 you will make a lot of money.
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20kevin20
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August 21, 2020, 04:02:16 PM |
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The price already gets down below $11,6-- zone, and I am worried that sooner or later, that price will go down to the lower price. If this continues, I think the price will go down for more, and bitcoin will have difficulty to rise. If that happens, we will not know when bitcoin's price will be back to the high price. If the situations can change, I think bitcoin's price will get another green candle.
It seemed to have difficulties going past 10k (or 11k?) as well, not too long ago - yet, after many tries, it was able to get past that resistance. Did that make it extremely bullish as many thought it'd be? So far, it doesn't look like it. So, unfortunately, it's damn hard to predict much accurately when it comes to crypto assets.
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Reid
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August 21, 2020, 04:13:31 PM |
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This might not be a bitcoin discussion but more of a speculation. You could put it right there. Well, just to my intrigue. Why do you think it would go up? You saw sentiments in Twitter and when you experience that you should be a little pessimistic about it.
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pixie85
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August 21, 2020, 05:02:08 PM |
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If your answer to this is praying and hoping that it will go to the moon you're not doing it right. I'd really be scared of my money if all that I had left in my investment was hopes and prays ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) The last ATH was so long ago that 2017 price action will not help you reach the verdict. It will go up in its own time.
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mk4
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August 21, 2020, 05:24:50 PM |
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Well, predictions aren't useless in a sense that they might affect the prices. For instance, with many positive predictions regarding Bitcoin there's a chance many users will buy out of FOMO which, in turn, would lead the prediction on the way to being self-fulfilling.
We could make that assumption, and it's definitely not impossible. But think about it, we've had a bajillion bullish predictions in the bull market of 2017 that's being made by big names in the industry, mostly even at the upwards of $50k. And a random dude on some forums would make an effect? Nah.
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adzino
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August 21, 2020, 05:40:02 PM |
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Lol, so you wish to keep on investing since you think that the price is going to go above 20,000 USD just because you are seeing the same patter as before? Let me suggest you something, don't invest because you "think" the same pattern is going to repeat. If you have been in the crypto market for long, you should know this by now that the price of crypto currencies are unpredictable. They may follow patterns, but that is not always the case. You will see irregularities. Some events may take place that might cause the price of crypto currencies to fall down. And you will keep on hearing people say "bitcoin is going to moon now" whenever they see the price increasing slightly. Don't fall for those hype.
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rodskee
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August 21, 2020, 05:50:05 PM |
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The price already gets down below $11,6-- zone, and I am worried that sooner or later, that price will go down to the lower price. If this continues, I think the price will go down for more, and bitcoin will have difficulty to rise. If that happens, we will not know when bitcoin's price will be back to the high price. If the situations can change, I think bitcoin's price will get another green candle.
No one knows about the actual coming movements, this is just a normal market movements gaining some and losing some volatility though is much higher so make sure being prepared. For now, it seems that there are people who already cashing out making the market to fall a little, it will be depend now with real supporters and weak holders to decide where to side. Just make sure to put your money where your own analysis pointed you and not to lean with those so called experts, they can easily ruined things up so be careful with your investment.
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Cryptoreflector_666
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August 21, 2020, 05:52:13 PM |
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BTC I was reading some sentiments regarding BTC on twitter, some wanted to jump out of the ship, but I was think of BTC last ATH. Before it, price was below $11K...and now price was near similar to that...so all I've been thinking and doing is praying/chanting. "JUST KEEP MOVING...NO STOPPING". What you guys think?
There is no point in leaving bitcoin now, because after a while the price will normalize and everything will return as it was. People who leave bitcoin at such heights then regret it very much. Think about it and don't do anything rash.
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BChydro
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August 21, 2020, 06:19:36 PM |
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so all I've been thinking and doing is praying/chanting. "JUST KEEP MOVING...NO STOPPING". What you guys think?
Are you living under a rock to come up with idiotic claims, praying to keep the market rising ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Just make the world change so that everyone becomes a millionaire hope the prayers will be heard ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) . If your god is the investors you need to do more than sitting at home and blabbering as the investors might not hear your prayers ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif) . Institutional investment is keeping the market stronger and as long as they are investing heavily the market will move higher.
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ethereumhunter
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 22, 2020, 02:10:08 PM |
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The price already gets down below $11,6-- zone, and I am worried that sooner or later, that price will go down to the lower price. If this continues, I think the price will go down for more, and bitcoin will have difficulty to rise. If that happens, we will not know when bitcoin's price will be back to the high price. If the situations can change, I think bitcoin's price will get another green candle.
It seemed to have difficulties going past 10k (or 11k?) as well, not too long ago - yet, after many tries, it was able to get past that resistance. Did that make it extremely bullish as many thought it'd be? So far, it doesn't look like it. So, unfortunately, it's damn hard to predict much accurately when it comes to crypto assets. I don't expect bitcoin to go down to $10k because that will makes people panic. The price now seems to get up and down and retest the price at the end of this week. So we can hope that the price will be back to the high price in the next week. Just prepare and buy more bitcoin if you think it is a good time to enter the market. The price already gets down below $11,6-- zone, and I am worried that sooner or later, that price will go down to the lower price. If this continues, I think the price will go down for more, and bitcoin will have difficulty to rise. If that happens, we will not know when bitcoin's price will be back to the high price. If the situations can change, I think bitcoin's price will get another green candle.
No one knows about the actual coming movements, this is just a normal market movements gaining some and losing some volatility though is much higher so make sure being prepared. For now, it seems that there are people who already cashing out making the market to fall a little, it will be depend now with real supporters and weak holders to decide where to side. Just make sure to put your money where your own analysis pointed you and not to lean with those so called experts, they can easily ruined things up so be careful with your investment. Indeed, but when the market movements can go up and down, I think we can use that time to buy and sell bitcoin, especially if the price can reach a low and high price. We don't have to follow what the so-called experts because we need to responsible for our money.
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tbterryboy
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August 22, 2020, 03:11:24 PM |
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BTC I was reading some sentiments regarding BTC on twitter, some wanted to jump out of the ship, but I was think of BTC last ATH. Before it, price was below $11K...and now price was near similar to that...so all I've been thinking and doing is praying/chanting. "JUST KEEP MOVING...NO STOPPING". What you guys think?
That’s you all’s choice, if you decide to sell your coins it’s your choice. Have you taken the time to look at he price movement this year? How the price has been moving from one level to another. The price was at over $12,000 before the pandemic and after the pandemic it dropped and from that $4000 it moved to $7000 and struggled around that price, some people were also making this kind of statement that they are going to be selling their coins because they don’t think it will be going further, but it still moved to $9000 and same thing still repeated and it circulated around $7k, $8k and $9k before finally breaking that range and moving to $11,000. Now, you all are starting to repeat the same comments. Why don’t you just sell your coin and take a break? I guess the answer you’re waiting for, so sell it.
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kerjakuat
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August 22, 2020, 04:16:17 PM |
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People tend to think bitcoin will going up and up till a $100 000 maybe. Be reasonable and watch close to the bitcoin market. Do not rely on fake news on what ever they say or predict. Even with the current of bitcoin has being up til $12500 it still can be dangerous as the market easily can be breakdown and you will easily losing real money there.. Learn how bitcoin graph is the priority for a traders. They believe what the chart says to them and act on what they research rather then believed on the mitos that bitcoin will going up an up then crash.. rip. buy high sure a big gamble and high risk to lose. So better to stay safe and make your own research before making the conclusion
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20kevin20
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August 23, 2020, 01:57:24 AM |
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I don't expect bitcoin to go down to $10k because that will makes people panic. The price now seems to get up and down and retest the price at the end of this week. So we can hope that the price will be back to the high price in the next week. Just prepare and buy more bitcoin if you think it is a good time to enter the market.
So you basically think BTC will not go under $10k just because of that? I am pretty sure that, while emotions surely are a price influencing factor, they don't act as a barricade that wouldn't let price drop again. The price is quite close to $10k actually, and it's probably easier to dump it back to that price point than it is to pump it up. But panic isn't a thing that has the ability to stop a market crash imo. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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Reatim
Sr. Member
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August 23, 2020, 03:52:04 AM |
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BTC I was reading some sentiments regarding BTC on twitter, some wanted to jump out of the ship, but I was think of BTC last ATH. Before it, price was below $11K...and now price was near similar to that...so all I've been thinking and doing is praying/chanting. "JUST KEEP MOVING...NO STOPPING". What you guys think?
What is the connection of the title to the thread? where is fueling and how? your prayers and hope just keep it on you but don't expect people will do the same thing. Bitcoin had already passed $12,000 couple days ago and i am sure it will come back anytime soon,and maybe much higher.
The market often moves oppositely with what most of people, investors think it will move. Market behaviours can be consolidated and described this way. ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif) and that is Volatility mate,while we are expecting growth things may go side ways and failure is what will bring us. But if we are supporting ur coins then we have nothing to be worry because in time sooner or later this for sure will grow like what happen last march when Bitcoin falls to $4k but now look we are at 5 digits again.
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Assface16678
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August 23, 2020, 04:09:48 AM |
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There is a chance that the market price of the bitcoin goes up immediately with the market price of 20k dollars but still, right now this is not quite possible because there are a lot of people making an investment with the use of the bitcoin. Still, the bitcoin market price must beat the 12k dollar market mark to make changes and reach the 20k. Lol, so you wish to keep on investing since you think that the price is going to go above 20,000 USD just because you are seeing the same patter as before? Let me suggest you something, don't invest because you "think" the same pattern is going to repeat. If you have been in the crypto market for long, you should know this by now that the price of crypto currencies are unpredictable. They may follow patterns, but that is not always the case. You will see irregularities. Some events may take place that might cause the price of crypto currencies to fall down. And you will keep on hearing people say "bitcoin is going to moon now" whenever they see the price increasing slightly. Don't fall for those hype.
Many people are going to become dependent on the opinion of other people and this usually happens if you are a member or newbie does want to make an investment with the bitcoin but the problem is you don't have any knowledge regarding with an investment Today it's better to become knowledgeable about the market movement of the coin it's better to understand what is the next move of the coin what are the hints of uptrend or downtrend.
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SoulMortal
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Merit: 4
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August 23, 2020, 04:16:15 AM |
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People are expecting it because they have seen the ATH price of bitcoins and lots of people started to invest in it so it's normal and they want to experience the same price movement of 2017 but I dont see it coming anytime soon. I expect price will be around $12-$15k by the end of this year.
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aioc
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August 23, 2020, 06:56:05 AM |
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BTC I was reading some sentiments regarding BTC on twitter, some wanted to jump out of the ship, but I was think of BTC last ATH. Before it, price was below $11K...and now price was near similar to that...so all I've been thinking and doing is praying/chanting. "JUST KEEP MOVING...NO STOPPING". What you guys think?
Prayers can help and can move mountains if we all pray it's probably going to happen, but why so hurry,everything will be done at the right time , we have seen how Bitcoin resiliency in the hardest time so we are perfectly ok moving, let others jump out of the ship it's their decision, we cannot stop weak hands.
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