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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 1337 times)
fadhilz123
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May 08, 2021, 11:09:39 PM
 #141

Are you happy if Bitcoin becomes centralized ?? No, right.. so we must not happy if Bitcoin drops to $10K. If you say "if drop it's mean a good time for buy" You are wrong, the institution will buy a huge bag and you?? And Bitcoin becomes centralized. So let make the Bitcoin price pump hard and don't give a chance for whales and institutions buy at a low price
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May 09, 2021, 07:05:07 AM
 #142

~
^ That's right, it made me happy too and accumulate BTC from signature campaign earning. I remember before when BTC price is around $3k, it almost in the bottom price as they say. There is a good amount of BTC in all signature campaigns because that is based on the dollar, imagine before in my weekly campaign I received 0.01 BTC per week, but now it is only 0.001. Nevertheless, not all people will happy to see BTC price will drop and for sure those are had already BTC, they are holding it until now and hoping BTC price will reach $100k non this year.
But I doubt the BTC price will not down even below $30k.
You are lucky that you were earning signature campaign back when it was still around 3k USD, I am just starting with this campaign so I was wishing that the prices will go down so my payout is going to be bigger since I am on the lowest tier for my rank. I agree that it won't reach but there's nothing wrong with wishful thinking am I right?

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May 09, 2021, 07:09:53 AM
 #143

If we think BTC is going to 100k end game, why not be happy if you can buy at 10k.    Same as any other product you can buy, so long as you have use for it why wouldnt you want the cheaper price.   People are scared out of a product by the price and that easily becomes nonsense and panic.

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May 09, 2021, 11:50:45 AM
 #144

The real question, which category you are now?

I don't have many coins and don't have much fiat but I'm stil happy.
You Don't Need Money to Be Happy! Cheesy

but still, you need money to buy Bitcoin Cheesy


That's true...

And, in a way, I can’t be happy without bitcoin. So I withdraw my statement. I Need Money to Be Happy. Grin

R


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May 09, 2021, 03:52:59 PM
 #145

I am not happy with that because although i don't have much BTC, but i want it to keep stable so people can know if bitcoin is a good thing and worth to try in their investment, bounty hunters, traders, etc still have spirit to earn it and a lot of things that can happen if bitcoin keep in high price. But i not expect it would dumped to $10k.

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May 10, 2021, 06:28:55 AM
 #146

I actually remember very clearly March last year when it dropped to below 4k and I counted quickly that was below 20% and in fact almost 15% of ATH.

Recovered real quickly after that setting off the bull run that's still ongoing.

10k would actually be a similar 85% drop from ATH so yeah. I'd be a really happy camper ha.


You would? I truly wouldn’t, but it will surely be another golden opportunity to buy the dip and HODL again. Hahaha. I’m sure every news will start to say that Bitcoin, priced at $10,000 during a “bear market”, “is dead”. That will be laughable to think, and stupid.

An opportunity yes, but become happy? maybe no.
If Bitcoin drops as hard as $10,000, It would measure someone's faith in Bitcoin.
This how a weak hands would be measured. Whether he continue hodling and accumulate more or would he sell while Bitcoin is gradually going down.
Bear market is such a pain in the ass, and a lot of people indeed would make such commentary that Bitcoin will soon ends.


It would never be a measure of someone’s “faith” in Bitcoin. Bitcoin priced anywhere has been chuggling along and works as a decentralized, censorship-resistant cryptocurrency. But it would be a test on everyone’s HODLing strength. Hahahaha. 

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May 10, 2021, 06:19:12 PM
 #147

If we think BTC is going to 100k end game, why not be happy if you can buy at 10k.    Same as any other product you can buy, so long as you have use for it why wouldnt you want the cheaper price.   People are scared out of a product by the price and that easily becomes nonsense and panic.

Fear is very dangerous if you are in the investment part of this but if you are into usages and system, it won't affects you as long as you are using the services that it's been offered.

People who have clear visions about this system are okay to whatever market movements that awaits for this coin, though most of the time it's clear that investment are the most being followed by people who are working inside this market,

Different sides and different views, just need to conclude it by yourself.
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May 10, 2021, 07:03:49 PM
 #148

If we think BTC is going to 100k end game, why not be happy if you can buy at 10k.    Same as any other product you can buy, so long as you have use for it why wouldnt you want the cheaper price.   People are scared out of a product by the price and that easily becomes nonsense and panic.

Fear is very dangerous if you are in the investment part of this but if you are into usages and system, it won't affects you as long as you are using the services that it's been offered.

People who have clear visions about this system are okay to whatever market movements that awaits for this coin, though most of the time it's clear that investment are the most being followed by people who are working inside this market,

Different sides and different views, just need to conclude it by yourself.
We do have different perceptions thats why we do see different sentiments on a particular situation and it isnt surprising that there are ones who would oppose and there are ones whom do agree.
The important thing here is on the things we should do in spite of what is the situation. Dropping back to 10k is something to be a shocking thing for most people
because if we do stretch out on how far we've been able to reach out then its almost impossible to think that we would be heading back this low.
Considering all of those recognition and adoption then its really hard to believe.

R


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May 11, 2021, 08:00:53 AM
 #149

Is “Faith in Bitcoin” = “HODL Strength”? Which has something to do with the price. Or simply is “Faith in Bitcoin” = the faith in the protocol that it would work, and continue to chug along whatever the price is? I believe some people are confused, or is it me. Haha.

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May 11, 2021, 08:22:50 AM
 #150

For those who feel that they are too late to buy bitcoin when the price is around $ 10k they have wasted the opportunity bitcoin gave them, the opportunity didn't come a second time so whatever was missed cannot come back, so I would prefer bitcoin to continue to be bullish like this with a little bit correction.
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May 11, 2021, 07:04:16 PM
 #151

I actually remember very clearly March last year when it dropped to below 4k and I counted quickly that was below 20% and in fact almost 15% of ATH.

Recovered real quickly after that setting off the bull run that's still ongoing.

10k would actually be a similar 85% drop from ATH so yeah. I'd be a really happy camper ha.


You would? I truly wouldn’t, but it will surely be another golden opportunity to buy the dip and HODL again. Hahaha. I’m sure every news will start to say that Bitcoin, priced at $10,000 during a “bear market”, “is dead”. That will be laughable to think, and stupid.

An opportunity yes, but become happy? maybe no.
If Bitcoin drops as hard as $10,000, It would measure someone's faith in Bitcoin.
This how a weak hands would be measured. Whether he continue hodling and accumulate more or would he sell while Bitcoin is gradually going down.
Bear market is such a pain in the ass, and a lot of people indeed would make such commentary that Bitcoin will soon ends.


It would never be a measure of someone’s “faith” in Bitcoin. Bitcoin priced anywhere has been chuggling along and works as a decentralized, censorship-resistant cryptocurrency. But it would be a test on everyone’s HODLing strength. Hahahaha. 
A very challenging and a very hard to be done when you are seeing the market or your fully aware with it when it comes to price updates or conditions.

Situations might really change up your mind directly and sell off on what you do hold.This is really a test of hodling strength even though this might look simple

but only a few could really able to do that and that had been rewarded off as the years goes by and price do able to hit peaks.
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May 11, 2021, 07:47:14 PM
 #152

Many will surely say its impossible for BTC to taste the 10k range again but actually it's possible because the market can still be very much manipulated by unknown people or whales, the only way that the crypto millionaires will keep growing is to crash the market and grab what they can and later pump the market again

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May 11, 2021, 11:06:59 PM
 #153

I will be happy and at the same time be sad. Happiness will come because I will have a chance to get more BTC under my procession, I will be sad because it will make a lot of people run away who doesn't have anything to do with a long vision but a quick cashout.

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May 11, 2021, 11:27:11 PM
 #154

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 mean the real answer is because people can accumulate more.  A drop to $10k won't damper the future of bitcoin.  If you like bitcoin at $50k then you absolutely love bitcoin at $10k unless you are one of those "love buying the tops and selling the bottoms" type of people 😀

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May 12, 2021, 04:08:06 AM
 #155

Many will surely say its impossible for BTC to taste the 10k range again but actually it's possible because the market can still be very much manipulated by unknown people or whales, the only way that the crypto millionaires will keep growing is to crash the market and grab what they can and later pump the market again

I don't really understand your sentence, what is a must to grab? Cheesy

Bitcoin can be at any price, no one can control it
I'm not sure there are a bunch of whales controlling the Bitcoin price, maybe just speculation

I'm not happy if Bitcoin drops back to $ 10k because for sure the price of other Altcoins will go down too!

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May 12, 2021, 06:13:42 PM
 #156

Many will surely say its impossible for BTC to taste the 10k range again but actually it's possible because the market can still be very much manipulated by unknown people or whales, the only way that the crypto millionaires will keep growing is to crash the market and grab what they can and later pump the market again

I don't really understand your sentence, what is a must to grab? Cheesy

Bitcoin can be at any price, no one can control it
I'm not sure there are a bunch of whales controlling the Bitcoin price, maybe just speculation

I'm not happy if Bitcoin drops back to $ 10k because for sure the price of other Altcoins will go down too!
People do love on making presumptions and making out calls something like this but if we do really look up on the price carefully
then its almost impossible that we would be heading back again on 10k price but same as you said that everything could happen
into this market and people would be least expecting on it.

No one will surely be happy on seeing the price heading way back again and start up from the beginning and imagine on how
long we've been waiting up for this situation that we are currently experiencing.Majority will be sad but there are people
will see this as an opportunity.


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May 12, 2021, 06:55:44 PM
 #157

There are advantages and disadvantages in bitcoin hitting 10,000$ and I really can't think if I would be happy or not for that. The point is that you can see the bear and the bull market always in a positive way if you think the glass is always half full. It's possible to benefit yourself from an expensive bitcoin price, by holding or selling and from a cheap bitcoin, by accumulating more coins.
On the other hand, a bear market isn't totally positive. You can buy cheap coins and that is really good, but this market's season also causes a lot of bad news about crypto currency and many investors are discouraged to invest in bitcoin, what prevents the called mass adoption from happening, may also slow down many crypto projects, while bankrupting others.

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May 13, 2021, 09:28:07 PM
 #158

There are advantages and disadvantages in bitcoin hitting 10,000$ and I really can't think if I would be happy or not for that.
why ? your supposed to know your self more . at what rate you accumulate or bought your btc . if its under 10k , its still an advantage for you to sell when price drop at 10k but it will be a disadvantage to buy

The point is that you can see the bear and the bull market always in a positive way if you think the glass is always half full.
btc right now is more than half a glass and we are expecting for a bull market more than bear .

this market's season also causes a lot of bad news about crypto currency and many investors are discouraged to invest in bitcoin, what prevents the called mass adoption from happening, may also slow down many crypto projects, while bankrupting others.
bad news popped up recently but last time we are full of good news and they are bigger than bad news that we recieve . those that leave can come back , adoption and crypto projects can continue .
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May 13, 2021, 09:44:55 PM
 #159

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 mean the real answer is because people can accumulate more.  A drop to $10k won't damper the future of bitcoin.  If you like bitcoin at $50k then you absolutely love bitcoin at $10k unless you are one of those "love buying the tops and selling the bottoms" type of people 😀
Which means the same set of people will still buy bitcoin for whatever price and same set of people will not buy if the price dumps to 10k. 1. Most of the long term enthusiasts are really rich to buy at any price that could make profit 2. The long enthusiasts still trust the coin and the process, that cycle will turn for profit. It is a money market accepted by larger number of people and brings a lot money
As long as there's manipulation, bitcoin will reach a price even beyond our imagination. Maybe we think that bitcoin will not anymore dump $10k, but no,  it's not impossible because it happens already in the past, a major correction came and the bear market takes over which resulted in bitcoin dumping below $4k from almost $20k of its ATH. Try to calculate the percentage of drop and you'll see how it's possible to see $10k from the current price.

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May 13, 2021, 09:50:57 PM
 #160

@OP, if it becomes possible, the happiest person on Earth will be me because of an opportunity to open a long position from very lower support level but that's not going to happen. I think that max BTC can fall is till $20k (least chances but possible) and when we get BTC so cheap, it's a steal deal for everyone of us to get on the train before we miss it again.

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