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Question: Are you guys happy if bitcoin will dropped to $10k? Why?
YES - 24 (38.1%)
NO - 29 (46%)
I don't care. - 10 (15.9%)
Total Voters: 63

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Author Topic: Are you guys happy if bitcoin will dropped to $10k? Why?  (Read 1344 times)
DoublerHunter
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March 27, 2021, 08:56:01 PM
 #61

~snip~
$10k is just wishful thinking on the part of no-coiners and tarders.
^ But no way $10k in most BTC holders.
I feel that BTC price won't even touch on the $30k price pullback and you are right, that it belongs to a big crash if that will happen which is I believed 2% out 100% the chances will become true. Nevertheless, I am not happy to see upon having a big crash on the market, probably even a short correction or a short pullback will probably happen but if that a big crash, it seems very irrelevant to the fact that BTC now is on mainstream and very trending asset that most people wanted to have.
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March 27, 2021, 09:23:36 PM
 #62

Are you guys happy if bitcoin will dropped to $10k? and Why?

I would be happy for the following reason:

I make a trade, for example I have $500, when the bitcoin price is $50,000, the ETH price is $1700, and trading with little capital that my case makes me have little profit

if ETH goes up from $1500 to $1590 I would earn something like $30

but if the bitcoin price drops to $10,000 and the ETH price drops to $400, in that case I get more than 1 ETH and I will have more profit with little capital, because if the ETH price goes up to $800 or be back to $1700 i will make a lot of profit, it would be 3X profit easy

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March 27, 2021, 10:35:45 PM
 #63

Since bitcoin is bullish, I'm thinking what if it will dump, so I would like to know the what people think here.

Are you guys happy if bitcoin will dropped to $10k? and Why?

Give me an honest answer, no spam please.

I'm ok with the momentum I'm ok with the price, if Bitcoin crash to $10k level it's a big dump and it's like a pandemic effect or scenario, or a majority of investors have lost their trust in the market, and it will take some time or a lot of effort for the community to get investor's confidence to go back in the market, or there's a possibility that the market will be down for a long period of time.
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March 27, 2021, 10:38:58 PM
 #64

Since bitcoin is bullish, I'm thinking what if it will dump, so I would like to know the what people think here.

Are you guys happy if bitcoin will dropped to $10k? and Why?

Give me an honest answer, no spam please.

I'm ok with the momentum I'm ok with the price, if Bitcoin crash to $10k level it's a big dump and it's like a pandemic effect or scenario, or a majority of investors have lost their trust in the market, and it will take some time or a lot of effort for the community to get investor's confidence to go back in the market, or there's a possibility that the market will be down for a long period of time.
For sure the trust would really plummet and just like on what happened on that 3k price time where people are already hesitant to make some investment or buyback on that time

but there are really people who had take risk on that particular time and now it do able to make out money when the market had started out to make this new Ath's.

Questioning if I would be happy if the price would dropped to 10k? I don't honestly like to see into those starting lines that we had already passed.Hope we wont be
seeing those digits again.

R


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March 27, 2021, 11:57:12 PM
 #65

I'm ok with the momentum I'm ok with the price, if Bitcoin crash to $10k level it's a big dump and it's like a pandemic effect or scenario, or a majority of investors have lost their trust in the market, and it will take some time or a lot of effort for the community to get investor's confidence to go back in the market, or there's a possibility that the market will be down for a long period of time.
Whenever there is a major crash in the market everyone talks about majority of the investors loosing interest but we will see that the interest will be back after a gap of 3 years and once the halving takes place the market will gain momentum once again and then you will see huge investments coming in, so these things are momentary according to the market situation and will change according to the market trends.
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March 28, 2021, 05:03:41 AM
 #66

Are you guys happy if bitcoin will dropped to $10k? and Why?

I would be happy for the following reason:

I make a trade, for example I have $500, when the bitcoin price is $50,000, the ETH price is $1700, and trading with little capital that my case makes me have little profit

if ETH goes up from $1500 to $1590 I would earn something like $30

but if the bitcoin price drops to $10,000 and the ETH price drops to $400, in that case I get more than 1 ETH and I will have more profit with little capital, because if the ETH price goes up to $800 or be back to $1700 i will make a lot of profit, it would be 3X profit easy

It will only be good for people who want to make new entry in the crypto market. For those who already bought bitcoin at high prices, they will never want bitcoin to dump to 10,000K. Realistic speaking, i think it is impossible now for bitcoin to reach as low prices as 10000$.

.
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March 28, 2021, 06:12:51 AM
 #67

Since bitcoin is bullish, I'm thinking what if it will dump, so I would like to know the what people think here.

Are you guys happy if bitcoin will dropped to $10k? and Why?

Give me an honest answer, no spam please.
Depends on where you are now.
-if you have bitcoins in your wallet and have no intention of selling them any time soon, then obviously you are not happy with the bullish conditions that are going on. But on the contrary.
- if you intend to own bitcoin and are supported by the money you have now, then you will feel happy because you have a good opportunity.

As the first cryptocurrency ever, Bitcoin will always be the coin most sought after by the investors. Even though bitcoin fell to a low as you said ($10.00), will not make bitcoin abdicate as the number 1 coin in the world, because history has recorded bitcoin will continue to increase from year to year.

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March 28, 2021, 06:59:26 AM
 #68

Actually, if the price of bitcoin reduce to $10k, my fund is not affected much because I do not choose to be a long term investor. Despite of that fact, I am still a bitcoin and crypto lover and I never ever want to see the price has such significant drop

If such drop happens, the crypto ecosystem will receive bad influences. Thousands of investors may abandon bitcoin forever and return to conventional asset such as gold, cash, stock or bond. As the result, the development of blockchain technology will be slower and our new innovation will be unlikely to happen in the next couple of years

Though, if it occurs, I have nothing to do but to accumulate more bitcoin. Things will recover, maybe many years but the future of the cryptocurrency is inevitable. It will shine and become the new define of money


In fact, according to my analysis, I believe that it is hard for bitcoin to return to the zone of $10000. The game has changed recently when instituatioal investors decide to fund more money in cryptocurrency. Billionaires like Elon Musk publicly introduce the cryptocurreny to audience


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March 28, 2021, 09:09:45 AM
 #69

No. I won't be happy.
But I also have a selfish wish. Not too much dump at $10k but until $30k only.
I sold a lot of my Bitcoin at that mark but cash was not really spent. It's still being kept and just waiting for the right moment to buy it back to Bitcoin.
Sorry, I am just telling my own selfish will.
It would really make me happy and maybe all this regrets will be gone after I bought my Bitcoin back.

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March 28, 2021, 09:14:58 AM
 #70

No. I won't be happy.
But I also have a selfish wish. Not too much dump at $10k but until $30k only.
I sold a lot of my Bitcoin at that mark but cash was not really spent. It's still being kept and just waiting for the right moment to buy it back to Bitcoin.
Sorry, I am just telling my own selfish will.
It would really make me happy and maybe all this regrets will be gone after I bought my Bitcoin back.

Lol, well I really do agree with you on this. But I mean if you were really sold Bitcoin at $30k. How do you feel now?
I love that I had control and that my bitcoin was sitting there untouched while the whole market was booming.

R


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traderethereum
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March 28, 2021, 09:22:34 AM
 #71

Since bitcoin is bullish, I'm thinking what if it will dump, so I would like to know the what people think here.

Are you guys happy if bitcoin will dropped to $10k? and Why?

Give me an honest answer, no spam please.
Depends on where you are now.
-if you have bitcoins in your wallet and have no intention of selling them any time soon, then obviously you are not happy with the bullish conditions that are going on. But on the contrary.
- if you intend to own bitcoin and are supported by the money you have now, then you will feel happy because you have a good opportunity.

As the first cryptocurrency ever, Bitcoin will always be the coin most sought after by the investors. Even though bitcoin fell to a low as you said ($10.00), will not make bitcoin abdicate as the number 1 coin in the world, because history has recorded bitcoin will continue to increase from year to year.
The number two will be what the whales who own much money will happy because they can buy more bitcoin if the price is dropped to $10k.
They will have a bigger chance to increase their bitcoin amount from that dropped.
It is not for people who do not have much money and will regret not selling their bitcoin when the price is still high.
That can depend on you because I am sure that we have our plan that we already made before.
And if we see the price is dropped too deep to $10k, we will know what we will do.
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March 28, 2021, 10:22:17 AM
 #72

No. Because only people without bitcoin would want bitcoin to drop below $50,000. Of course, if you want to buy bitcoin now you would want bitcoin price to drop to $10,000 to have a lower bitcoin price, which is a big buying opportunity for you (fantasy). But remember lots of other guys are holding bitcoin too are also fantasizing the bitcoin price to reach $100,000 or even 200,000, some of the most bullish ones are thinking of a million in few months Smiley

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March 28, 2021, 12:16:35 PM
 #73

With it’s current value now, I would not want Bitcoin to drop its price back to $10k because for the obvious reason. I mean who would want Bitcoin to drop its price back not unless you haven’t bought Bitcoin with a low price yet. But at the same time, I would not mind too because I might be able to buy a couple more Bitcoin and hodl back again for a couple of years.
Golftech
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March 28, 2021, 12:36:55 PM
 #74

With it’s current value now, I would not want Bitcoin to drop its price back to $10k because for the obvious reason. I mean who would want Bitcoin to drop its price back not unless you haven’t bought Bitcoin with a low price yet. But at the same time, I would not mind too because I might be able to buy a couple more Bitcoin and hodl back again for a couple of years.

Logically right, if you are holding good amount of Bitcoin for sureyou'll not like to see that value to

come your way, it will break your heart especially if you are new to this market, that huge fall

will surely move you to sell and accept your loses. But in the other side, for those who are aiming

to place their entry they will love to see this as they can buy and start their journey.
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March 28, 2021, 01:06:35 PM
 #75

Since bitcoin is bullish, I'm thinking what if it will dump, so I would like to know the what people think here.

Are you guys happy if bitcoin will dropped to $10k? and Why?

Give me an honest answer, no spam please.

Since you want an honest answer I picked yes, I loss my opportunity to buy when it hit $5k last year, and if it dropped again to $10k I'll make sure I have funds even tot he point of selling some of my property to buy Bitcoin, but with how the market is going right now I doubt if Bitcoin will drop to $10k level again, if it will drop it will take some time.

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March 28, 2021, 02:24:16 PM
 #76

Why would I become happy if I saw that the price of the bitcoin will decrease like that, I have average amount of bitcoin that can help me to achieve my current goals in life so I will not be happy if the price dumped in that level. I'm not a type of investor who will said "sale" even the market already saying it is bearish wherein we should stay away especially if you are not used in that kind of movement. I'm a trader who loves to trend follow and for me it is better if I will just stay away if the bitcoin already show some red flags where it can affect my capital also my trading psychology. If the price goes down like that, it doesn't mean that it is already perfect time to buy, always create plan and strategy because anything can happen in the market.
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March 28, 2021, 04:01:05 PM
 #77

No. Because only people without bitcoin would want bitcoin to drop below $50,000. Of course, if you want to buy bitcoin now you would want bitcoin price to drop to $10,000 to have a lower bitcoin price, which is a big buying opportunity for you (fantasy). But remember lots of other guys are holding bitcoin too are also fantasizing the bitcoin price to reach $100,000 or even 200,000, some of the most bullish ones are thinking of a million in few months Smiley
I think people without bitcoins would want it to go under 10k and that's true, but there are people with bitcoins who wants to buy more bitcoins as well, that's another approach. I have some bitcoins, as much as I can afford to buy without changing my life, and I can say that it would be great if the price went to 10k, because I will be capable of buying more bitcoins as well and I would get rich when it reaches back to 50k.

You have to realize back in the day when it was 20k and dropped under 4k people talked about how it will never be 20k again because it was a onetime thing and we blew it and will never be there ever again, but right now we are looking at something much bigger at 55k which means that we did move beyond 20k. So, if it reaches to 10k, that means we will go above 50k eventually again, and that's why I would be fine with a drop so I can buy more.

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March 29, 2021, 05:36:26 AM
 #78

Are you guys happy if bitcoin will dropped to $10k? and Why?

Give me an honest answer, no spam please.
There's a saying what goes up must surely come down. But I doubt if we will ever see $10k again. Something unexpected will have to occur for that to happen like the corona virus in March 2020. We saw a dump to $5k which was a good buy although I missed out on that one because I had all my money stacked in btc and other alts. At the time a massive dump was the last thing I needed. Now if we see a significant dump God knows I'm praying for one. I have usdt waiting to buy the dump.

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March 29, 2021, 04:19:38 PM
 #79

I think people without bitcoins would want it to go under 10k and that's true, but there are people with bitcoins who wants to buy more bitcoins as well, that's another approach. I have some bitcoins, as much as I can afford to buy without changing my life, and I can say that it would be great if the price went to 10k, because I will be capable of buying more bitcoins as well and I would get rich when it reaches back to 50k.

You have to realize back in the day when it was 20k and dropped under 4k people talked about how it will never be 20k again because it was a onetime thing and we blew it and will never be there ever again, but right now we are looking at something much bigger at 55k which means that we did move beyond 20k. So, if it reaches to 10k, that means we will go above 50k eventually again, and that's why I would be fine with a drop so I can buy more.
I am not sure if people who own bitcoin would want it to go to 10k, they would rather see it go up. I mean I get the notion that if it goes to 10k you will be capable of buying more and then it will return back to over 50k so you are going to make more profit from that.

However if given the choice of 100k or 10k they will pick 100k each time. Why? Because even if you can't buy more from cheaper price, on 100k that means you have just doubled your money all over again, that's a great thing and everyone would love that, you can buy later when it drops back to 50k instead, that would be much better.

I believe that going up is the only direction that people with bitcoins would want, that would be profitable for all of us, going down on the other hand is only profitable for people who hate bitcoin and would never buy it so they want us to fail, and people who do not have any and want to buy some when it drops.

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March 29, 2021, 07:30:58 PM
 #80

I believe that going up is the only direction that people with bitcoins would want, that would be profitable for all of us, going down on the other hand is only profitable for people who hate bitcoin and would never buy it so they want us to fail, and people who do not have any and want to buy some when it drops.

The point is that the faster and higher we go, the more interested the uninformed will be, and the more the uninformed will buy. Bitcoin is like a hedge fund, and like a hedge fund if you buy and sell in the right place then you can make money. Why doesn't anybody do this?  Cheesy

R


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