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Author Topic: The last time we saw 16K on Bitcoin price  (Read 547 times)
Jating
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November 16, 2020, 12:49:57 AM
 #41

Thanks for the reminder.
I have sold my Ethereum back those days. It was $1k+ also. I forgot the exact figure.
Then I bought it back at $230-260. Now, I am in profits once again. Lucky.  Wink

You could also bought it back when the price went down hard to $80, I'm sure that those who have scoop ETH on that price are very very happy. I just had a discussion with that last night with a friend which I taught to invest early on ETH.  Smiley

Bitcoin though is something I won't sell just yet. I believe there is much more we could experience than this.
Chainlink. Ahh, I never had the guts to buy that. Could have been profitable too.

Bitcoin is different though, yes, we shouldn't sell it even if the price goes to $16k of today or even @$20k, so much potential to reach a new all time high in 2021 and who knows what the price will be. LNK? just another pump and dump altcoins.

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November 16, 2020, 03:35:58 AM
 #42

Since Bitcoin is the major coin in crypto world it is the only coin does not manipulated by other altcoins which means btc is the one who control the beat of market price. Correct me if i'm wrong, bitcoin is the starting coin that can trigger the market to bullish place. Altcoins may in bearish buti bitcoin goes in different direction.
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November 16, 2020, 04:11:12 AM
 #43

the reason why you love btc pumps is because shitcoins go dump ? but your definition of shitcoins are offensive to other people . you already gave  4 example of shitcoins but for the most of us those coins belong on the top altcoins and not considered as a shitcoin .

 the one that can possibly excluded is the xrp , other people call eth a shitcoin which is really wierd too but for ltc and link , i havent heard anyone call these shitcoins .
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November 16, 2020, 05:17:05 AM
 #44

Since the last time on 2018 when was 16K many shit/alt coins we changed in price some of them are fallen down and some others are still rising. As you may know, Bitcoin could recover a huge part of price fall after 2017, but many other big shitcoins still couldn't recover. That's reason why we love it.

Chainink

2018
1.04$
2020
12.89$

Ripple

2018
1.87$
2020
0.25$

Litecoin

2018
239$
2020
65$

Ethereum

2018
1337$
2020
463$
I think no one that has been in this market for years that won't believe about the recovering of Bitcoin from dumping market.

And best example is the Bear happens last march that many Panicking investors take out their funds and regret what happen after a month.

It's not completely recovered guys, but it will recover soon, there is still a year ahead, so seeing that 2021 - 2022 after this thread is created, those who already have tickets are waiting for everyone to buy them, in early 2020 it looks like everyone will return to rally more good and recover fast
Actually Bitcoin already recovered because what happens Last march when the price fell down to 4k level and not took more than 16k .
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November 16, 2020, 05:55:44 AM
 #45

It's not completely recovered guys, but it will recover soon, there is still a year ahead, so seeing that 2021 - 2022 after this thread is created, those who already have tickets are waiting for everyone to buy them, in early 2020 it looks like everyone will return to rally more good and recover fast
I guess so. It will recover in the next year, and we still have more time to see that will happens.
We can only wait for the bull run to come, and we should use this moment to buy bitcoin before the price really increase so high.
Right now, the price is back to $16k, and the price is trying to increase, although it seems the moves are not too fast.
Maybe the price will rise in the next few days, and if that happens, I guess that the price will break $16,500 again or $17k.
Until that time, we need to be ready for that moment.

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November 16, 2020, 06:31:28 AM
 #46

It's not completely recovered guys, but it will recover soon, there is still a year ahead, so seeing that 2021 - 2022 after this thread is created, those who already have tickets are waiting for everyone to buy them, in early 2020 it looks like everyone will return to rally more good and recover fast
I guess so. It will recover in the next year, and we still have more time to see that will happens.
We can only wait for the bull run to come, and we should use this moment to buy bitcoin before the price really increase so high.
Right now, the price is back to $16k, and the price is trying to increase, although it seems the moves are not too fast.
Maybe the price will rise in the next few days, and if that happens, I guess that the price will break $16,500 again or $17k.
Until that time, we need to be ready for that moment.

The probability for bitcoin to recover by the end of this year still high considering how the market still in a bullish condition, today bitcoin will retesting $16,5k resistance, if it works then $17k is closer than what we may think. 2021 and 2022 will be a different story for bitcoin, depend on the new ATH, probably $25k or $30k, the correction may cause a big dump to a certain level but it should be able to recover faster than the last time. hopefully, we could see bitcoin reach $50k by the next year.
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November 16, 2020, 07:00:31 AM
 #47

It's hard to believe that bitcoin reach 16k$ once again but I guess this could only mean one thing for most of the investors, surely the potential for profit is high, Bitcoin market price could easily skyrocket up to 20k$ hopefully in the coming months.

Still, when it comes to altcoin there is still a lot of potential for investment in altcoin, trading altcoins in the market is really profitable even in altcoins or investing in a project. But I'm surprised that there was no major movement into these altcoins.
I read somewhere that it will actually happen maybe next month or Q1 of 2021  and I believe in that, that's why I am holding my money now and wait for it to pump because I feel it! 20k is coming, maybe it will go some dump now but eventually it will go higher so keep your bitcoin now, get away to some fud and trust bitcoin.
These kinds of speculations are common when bitcoin got is on a bull run. If you searched on the internet, there are many articles that are speculating bitcoin that will reach an eye-catching price. That is one method of making the readers persuaded by buying with bitcoin. On the contrary, this is also happening when it's bear season, There are FUDS everywhere.  It's true that you can gain some profit if you bought it today but imagine if you bought it at the lowest price this year, The profit would be astonishing. As a believer, We know that it's possible that bitcoin will hit this kind of value again.

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November 16, 2020, 07:50:46 AM
 #48

Since Bitcoin is the major coin in crypto world it is the only coin does not manipulated by other altcoins which means btc is the one who control the beat of market price. Correct me if i'm wrong, bitcoin is the starting coin that can trigger the market to bullish place. Altcoins may in bearish buti bitcoin goes in different direction.
what you are saying is the truth that bitcoin is indeed the king of crypto which clearly regulates the movement of all tokens in crypto, because bitcoin is highly recognized and sought after by investors.


It's true that bitcoin is like a king among other altcoins, all altcoins like to follow bitcoin price movements, bitcoin is indeed worthy of being sought out and targeted by investors.

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November 16, 2020, 08:22:27 AM
 #49

Since the demand for bitcoin is much higher in the crypto world other cryptocurrencies are being dumped bitcoin will not last long there is a possibility of price increase the reason why coins are considered as shit coins is that the demand for currencies is low. However there is no need to exclude other coins if demand gradually increases the market will recover we have to wait for this and BTC's pump will take the crypto market higher.

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November 16, 2020, 08:38:01 AM
 #50

Since the demand for bitcoin is much higher in the crypto world other cryptocurrencies are being dumped bitcoin will not last long there is a possibility of price increase the reason why coins are considered as shit coins is that the demand for currencies is low. However there is no need to exclude other coins if demand gradually increases the market will recover we have to wait for this and BTC's pump will take the crypto market higher.

Bitcoin has indeed been making surprises that no one expected in recent months, bitcoin is changing short-term investments and changing prices quickly, both down and up. thus confusing other altcoins to be able to follow the movement, it seems altcoins are not doing anything. but with time altcoins have also adapted.
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November 16, 2020, 09:23:20 AM
 #51

Bitcoin has always been the best choice for investment, because it has proven that Bitcoin price recovery is very fast, several times
Bitcoin fell below the price of $ 5000. But soon the price of Bitcoin will definitely go up, no wonder Bitcoin always dominates the market.
In the opening post, only chainlink prices have gone up, that's also because this year DeFi has hype, so chainlink prices can be pumped.
So in conclusion we have to focus on investing in Bitcoin, especially after Bitcoin managed to reach a price of $ 16,000. According to my
prediction, Bitcoin will return to a price of $ 19,000 soon.

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November 16, 2020, 09:35:47 AM
 #52

chanlink (LINK) has such good potential in 2020 and with DeFi makes LINK even more attractive to investors, so with the news from Paypal, bitcoin has soared, I think other potential altcoins are CRO, SOL, and DOT
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November 16, 2020, 10:20:51 AM
 #53

Since the last time on 2018 when was 16K many shit/alt coins we changed in price some of them are fallen down and some others are still rising. As you may know, Bitcoin could recover a huge part of price fall after 2017, but many other big shitcoins still couldn't recover. That's reason why we love it.

Chainink

2018
1.04$
2020
12.89$

Ripple

2018
1.87$
2020
0.25$

Litecoin

2018
239$
2020
65$

Ethereum

2018
1337$
2020
463$

Only Bitcoin is real and lovely cryptocurrency that is loved by by all crypto lovers. We have seen $16k in December 2017 and after 3 years recovered with many ups and downs. It has touched its glorious point again but still other top coins can't recover. Ethereum is still 3x less, LTC 4x less and other coins are nearly same position comparison to 2017. It proves that only  Bitcoin is real and it can't be give comparison with any altcoins.
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November 16, 2020, 11:28:14 AM
 #54

I am of the opinion that most of the altcoins will not get to their ATH again if they are able to survive. Most of them have been down for 3 years without any sign of recovery.

Hmm.. OK. So they have been down for 3 years. Agreed with that. During these 3 years, have they managed to find a real-life usage for themselves? I would say that 99.9% of the altcoins doesn't have any real life usage, other than as speculative investment assets. There are a few exceptions such as USDT (for trading in place of USD), Monero (anonymous payments), Ethereum.etc But do you expect the alts to survive in the long term, if they don't have any real-life usage?
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November 16, 2020, 11:53:35 AM
 #55

Bitcoin is the sure investment for everyone mostly those with the aim of long-term.   

Before this time, bitcoin got to $16k in 2017. In that year, it proved to be the best cryptocurrency of all time. And recently, it had a touch at that level, we are likely to keep seeing such and altcoins will begin bull soon. Etheruem as the altcoin leading all others is going to start a growth back to the ATH.
Yes we have touched the 16k$ once again and leading the market as it was in past .On the other hand ethereum also leading the altcoin its still on the 2nd position without beaten by other .It always prove that those are the best project ever .I hope btc will get new ATH level soon.

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November 16, 2020, 11:56:07 AM
 #56

Since the last time on 2018 when was 16K many shit/alt coins we changed in price some of them are fallen down and some others are still rising. As you may know, Bitcoin could recover a huge part of price fall after 2017, but many other big shitcoins still couldn't recover. That's reason why we love it.

Chainink

2018
1.04$
2020
12.89$

Ripple

2018
1.87$
2020
0.25$

Litecoin

2018
239$
2020
65$

Ethereum

2018
1337$
2020
463$

Only Bitcoin is real and lovely cryptocurrency that is loved by by all crypto lovers. We have seen $16k in December 2017 and after 3 years recovered with many ups and downs. It has touched its glorious point again but still other top coins can't recover. Ethereum is still 3x less, LTC 4x less and other coins are nearly same position comparison to 2017. It proves that only  Bitcoin is real and it can't be give comparison with any altcoins.
Yes its really true that we love bitcoin for all the time .You mention the less recovering process of altcoin but eth is still on the 2nd position with huge amount of volume and transaction .I think when btc become stable altcoin will get the bull run and will be recovered as well .

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November 16, 2020, 01:17:15 PM
 #57

I am of the opinion that most of the altcoins will not get to their ATH again if they are able to survive. Most of them have been down for 3 years without any sign of recovery.

Hmm.. OK. So they have been down for 3 years. Agreed with that. During these 3 years, have they managed to find a real-life usage for themselves? I would say that 99.9% of the altcoins doesn't have any real life usage, other than as speculative investment assets. There are a few exceptions such as USDT (for trading in place of USD), Monero (anonymous payments), Ethereum.etc But do you expect the alts to survive in the long term, if they don't have any real-life usage?

most alts have very short lifespan like couple of months in the trading market. some can extend up to 6 months but you will observe that their last months are pretty dull and showing continuous decline of price. those are alts with no use case whatsoever but just pure talk from the dev team and manipulation in the market.
 there are only few alts that have real use case like what you mentioned above and a lot of them, we dont actually need. so dont expect there will be sign of recovery for crap alts

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November 16, 2020, 02:35:39 PM
 #58

I don't think it's shitcoin but it will take a while to recover the price
if we look at their ICO price, they have reached more than 100% base price of the ICO then to me it is not shitcoin
shitcoin is an alcoin whose price is currently way below their ICO price
think about it again

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November 16, 2020, 02:53:46 PM
 #59

No matter what, Bitcoin is slightly but steadily moving towards $280,000, the mark that, according to PlanB, will be reached by the end of the next year.
(o)(o)ilikeboobs(o)(o)
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November 16, 2020, 03:36:28 PM
 #60

It is too early to conclude anything related to Bitcoin since $ 16k is a good resistance, good support and it is important that we no longer see Bitcoin at 16k that Bitcoin needs to move to $ 18k, continued according to $ 20k and other prices.
History repeats itself often, we have seen Bitcoin at 10k on several occasions, possibly in the next $ 16k price zone.
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