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Author Topic: Don't ask about the price. No one knows!  (Read 503 times)
BlackHatCoiner (OP)
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January 03, 2021, 04:40:10 PM
Merited by error08 (1)
 #1

Bitcoin made several ATHs this week. (but, still, is undervalued IMO  Roll Eyes )

I keep reading many different investing advices about this bull run. These are the classic ones:
  • Bitcoin will crash just like in 2017.
  • Bitcoin will reach $40k+
  • Bitcoin will fall to $20k and get back to the current price.

Most of the traders/investors here know that no one knows the future, but let me remind you something to prevent you from even thinking that you can do it. We are on the craziest bull run in the history of bitcoin, which means that the price is moving more unexpectedly than before.

Just another friendly reminder!


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January 03, 2021, 04:51:45 PM
 #2

See you in the future, yes we don't know because
We are not time travelers nor oracles who can tell accurately about bitcoin price, just some guessing by calculating the probability.
Some people said bitcoin will reach the ath at $30k, but it turned out bitcoin still increase over $32k and hit the record at $34,8k so far, probably will break the resistance anytime soon. At this bull market, many people expecting bitcoin to plummet so they can buy the dip, but still no sign of significant pullback circumstances.
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January 03, 2021, 05:00:05 PM
 #3


Most of the traders/investors here know that no one knows the future, but let me remind you something to prevent you from even thinking that you can do it. We are on the craziest bull run in the history of bitcoin, which means that the price is moving more unexpectedly than before.



In fact, the current increase is not an ordinary thing, since early December, bitcoin has shown its ferocity. In a few decades, it will be very difficult for us to know what strategies can lead to Bitcoin's goals. finally we just walk with the flow of movement at that second. not realizing that there was going to be a drastic decline. what bitcoin users expect is to keep going up and up. While for their like desperate buyers, waiting for $ 20,000. will it happen this month? seems very difficult.

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January 03, 2021, 05:31:10 PM
 #4

This increase might be lasting for a while, its excited the price of Bitcoin but don't think it would increase all year 2021 I read about Bitcoin in 2017 and the price now is higher but the excitement is almost the same, and I think as now many would have thought of only price going to the sun, but there was correction and hit on the price, they can be such now in 2021.

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January 03, 2021, 05:32:27 PM
 #5

Agree with you, at this moment people should hurry to buy as the price BTC is already in the moon so small Investors should not risk your money in this tough phase. As you said no one knows the future of BTC but for sure it will drop in few days or month without any doubt because that's how the market is made of, we can't always expect a price surge we also want to see the other side of BTC. But undoubtedly this asset is going to be a absolute gem.









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January 03, 2021, 06:04:11 PM
 #6

Those people who sold already are trying to spread FUD so that they don't have to regret. I just have seen another thread in other board where a guy was trying to spread FUD over twitter. Nevertheless, I wouldn't say BTC is undervalued; nor overpriced but from such position anything can happen. We may see a significant drop as well as correction while $50k seems very achievable.

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January 03, 2021, 06:12:07 PM
 #7

Agree! we don't really know what may happen in the future but I wish that Bitcoin will establish a good floor for this one and I think it will surely be going down but nobody knows what price it will stop in making a big all time high,

Right now the was at $34,000 USD and now it came down to $32,000 USD at the moment, this is a good opportunity that it may go down but let's just see because there are many that want to ride the wave of Bitcoin the next time it reach this high.
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January 03, 2021, 06:16:41 PM
 #8

No one knows what will happen in future so literally no one can say what will happen to the prices which is not limited with bitcoin alone.Some people acts bullish and trying to increase the prices as much as they can on the other hand Fudsters started to buzz about the buzz when price reached from 30K to 35K in no time. Everyone should have their own analysis about price movement and hold or sell accordingly, just don't be a product to someone's trap.
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January 03, 2021, 07:17:52 PM
 #9

Finally someone has said it.
People keep on asking the same question and I won't say that I didn't do it too,
But it always happen when the price starts to move we would want some other people's opinion specially those who have trading experience and could read the chart and also those who are great at predicting the price.
We want knowledge on how they analyze the movement and create some possible outcome.

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January 03, 2021, 10:01:26 PM
 #10

Yes! That reminder should be extracted and taken of those people that are expecting it to crash. Whether it will be back to $20k, well that's still an ATH price of the past and is a good price, isn't it? We have no idea how long this bull run would last but we're all feeling the same that there's a bigger price and crazier run that it will bring for the rest of this year.

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January 03, 2021, 10:09:06 PM
 #11

Nobody knows the future but you can't blame people for trying to predict it Wink

You know, there's that feeling of accomplishment when you can say I told you so!

Personally I think that we're very early and this is going to be one hell of a rally. Don't risk money after reading this, but whether it happens this month or in 6 months, 40 thousand is around the corner. How do I know it? People always talk about the bubble very early on and then it doubles and it doubles again and those who were talking about it a week before buy... and then it pops for real.
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January 03, 2021, 10:17:51 PM
 #12

Yes! That reminder should be extracted and taken of those people that are expecting it to crash. Whether it will be back to $20k, well that's still an ATH price of the past and is a good price, isn't it? We have no idea how long this bull run would last but we're all feeling the same that there's a bigger price and crazier run that it will bring for the rest of this year.
Well, that is right.
No one really knows the bitcoin price and see what is in the future of bitcoin price. I always these words that bitcoin is unpredictable and no one knows, good thing there's a thread like this so that members will ask repeatedly about the future of bitcoin even though it is clear that it is really unpredictable.
But every one of us is free to predict the market price, we are entitled to do this either your prediction is negative or positive towards bitcoin price.









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January 03, 2021, 11:07:49 PM
 #13

It's okay to talk about the price, but this should be done in appropriate section, and you definitely don't need to create a new thread just because Bitcoin has reached certain price. All such discussions should go to Speculation. Generally, people should ask for others opinions to look at the subject in a new light, to learn some new information, to look for alternative opinions and so on, and after that they should form their own opinion based on what they gathered. Unfortunately, too man newcomers just want someone to tell them that Bitcoin will go up so they can immediately buy it, without thinking about exit strategy, negative scenarios and the most vital thing - basic crypto education.

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January 03, 2021, 11:41:01 PM
 #14

Different forms of speculation keeps counting. More institutional funds are getting poured into the cryptomarket. The market keeps bouncing, and now it seems to be the turn for ethereum as well. The market has been recovering slowly. If I'm not wrong soon ethereum will make its new ATH for sure. Once ethereum crosses $1000 there'll be big growth to happen. This means the growth will take place in a much faster manner.

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January 04, 2021, 12:19:17 AM
 #15

Finally someone has said it.
People keep on asking the same question and I won't say that I didn't do it too,
.

but who wouldnt predict ?

 all that are involved on crypto or atleast hold a crypto will get curious to predict if what will be the price everytime the coin they hold increase or decrease because this makes them excited and entertained , they do it with a purpose but im not like the  others because it wont lead me to create a thread because that is already annoying when you see alot of  threads about the price .

 i only predict the price and keep it in my head but here we are again talking about the price and replying in this thread  Cheesy
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January 04, 2021, 12:57:41 AM
 #16

Bitcoin made several ATHs this week. (but, still, is undervalued IMO  Roll Eyes )

I keep reading many different investing advices about this bull run. These are the classic ones:
  • Bitcoin will crash just like in 2017.
  • Bitcoin will reach $40k+
  • Bitcoin will fall to $20k and get back to the current price.

Most of the traders/investors here know that no one knows the future, but let me remind you something to prevent you from even thinking that you can do it. We are on the craziest bull run in the history of bitcoin, which means that the price is moving more unexpectedly than before.

Just another friendly reminder!


Yeah there are tons of speculations out there and few coincide with the current and future situations that is why we don't take it seriously. The only thing we Bitcoiners can do is prepare for something we don't expect to happen because we all know that volatility always surprise us.


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January 04, 2021, 01:01:22 AM
 #17

Actual fact. It's why I kept on going on and on about both scenarios of the market both going up and down, since really that's the only general trend the market would go to, and as for the specifics? Heck, I'm not for the future, nor do I have a foretelling ability so give it up. Well, even if we ask not to, people would still speculate because, why not? We can consider this as something similar to Bitcoins golden age, if not one. A decade of growth, multiple breakthroughs to ATH (and still growing), people WOULD continue to talk about prices no matter what, and I guess it's better to let them to.

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January 04, 2021, 01:16:37 AM
 #18

Unless you time travel?



kidding aside, probably those asking about the price is really excited what the future will bring, maybe they are just total new in crypto investments and very happy to see their portfolio jump and might have plans if ever this "x" price will be hit. So crazy as it may sound, I think they are looking at $50k to cash out, Lol.

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January 04, 2021, 01:56:34 AM
 #19

  • Bitcoin will crash just like in 2017.
  • Bitcoin will reach $40k+
  • Bitcoin will fall to $20k and get back to the current price.
Crash will happen as it is element of the market but this time any crash will be healthy one for the market. It will help to shake weak hands of greedy people and help the bitcoin cleans its investor resources and prepare for better rides.

Bitcoin will reach $40k. Sure I agree with you and it is a matter of time. Around May of 2021, bitcoin might pass through $40k (or sooner) as it is one year anniversary for the 2020 halving.

Bitcoin will dip back to $20k (or below a little). It is possible but believe me bitcoin will not even reach to the current price ($33200) but it will set up a new all time high.

.
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January 04, 2021, 07:17:07 AM
 #20

yes no one really knows when or what's going to happened to the bitcoins price but one thing is for sure many of the investors or previously holders are gaining profit right now. and it's really great to experience such all time high.
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