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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)
Mahanton
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May 13, 2021, 10:25:18 PM
 #161

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
10k isnt something that we can say that Bitcoin popularity and support is over.It can drop back to that level but doesnt mean that its over of it.Of course there would
be people or investor would be seeing this as an opportunity to buy cheaper coins but if the price dipped back to 1k usd per coin then i can surely say that those
enthusiast will really be having doubts or second thoughts on buying it again because we cant really remove into our minds that this might be over
and the time for a new king of crypto.

R


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May 13, 2021, 11:16:18 PM
 #162

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
Well, as a holder it's always sad to see bitcoin falling, and on the other hand, as a potential buyer, bitcoin near 10,000$ is a great opportunity to buy more coins. The point is that in order to purchase bitcoins, investors like me need to have fiat disponible on that exact moment, what isn't a guarantee. In this case it would be a wasted opportunity. So I really don't know if I would be happy.

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 .
In the first post I'm saying about bad news that appear during bear seasons and impact bitcoin much more negatively than those bad news which appear during minor corrections and bull runs.

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May 13, 2021, 11:53:08 PM
 #163

I'm hoping and asking for that but something out of the sight now, we even not to decline hard. Maybe our chance to buy back at $10k is very slim, but if that moment never comes, I have to push myself to take the big risk of buying at a high price. Because I think we just wasting our time waiting for Bitcoin to drop. As long as the volume of traders and investors won't decline, that will not be going to happen. We will possibly die waiting for te impossible.

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May 13, 2021, 11:58:35 PM
 #164

I strongly say that I am not happy. The current price is very far from $10K. In my prediction, the bottom price of Bitcoin in the next bearish shouldn't be around $10K. If the price drops severely to $10K, I am a bit unsatisfied. 1 Bitcoin doesn't deserve to have the value $10K after it already reaches the price above $60K.


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May 14, 2021, 11:01:08 AM
 #165

I'm hoping and asking for that but something out of the sight now, we even not to decline hard. Maybe our chance to buy back at $10k is very slim, but if that moment never comes, I have to push myself to take the big risk of buying at a high price. Because I think we just wasting our time waiting for Bitcoin to drop. As long as the volume of traders and investors won't decline, that will not be going to happen. We will possibly die waiting for te impossible.
No problem thinking like that, I even think that the price of bitcoin is very difficult to even drop below the $ 10k price in these conditions. however, does the potential exist? the answer is still there, we just need to prepare it. however, I think a lot of people will be disappointed by that. yeah, but I really hope the price stays above $ 50k.

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May 14, 2021, 11:24:14 AM
 #166

It will never drop unless theres bigger people at play continue to wash trades.

Let me remind you about spoofy. If you google spoofy you`ll know why the entity is named "spoofy". Hence spoofing buy orders to reach at a market target price for "them" not for you.

This is a article bookmarked in 2017. Spoofy goes on multiple different exchanges doing the same.

The price of the market is never determined by you unless you can actually dent it.

https://hackernoon.com/meet-spoofy-how-a-single-entity-dominates-the-price-of-bitcoin-39c711d28eb4
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May 14, 2021, 11:34:43 AM
 #167

To answer the question, I would be happy that it will go down at 10k since I can buy a lot of bitcoin at a lower price, that's like the opportunity that some of the users have been talking about regarding buying bitcoin and profiting a lot in the future.

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May 14, 2021, 11:42:47 AM
 #168

To answer the question, I would be happy that it will go down at 10k since I can buy a lot of bitcoin at a lower price, that's like the opportunity that some of the users have been talking about regarding buying bitcoin and profiting a lot in the future.

Good luck with that, it's a long bull run, we are witnessing something that might not happen for a while again after it will correct and turn into a bear maket. Judging on the current price, it looks like Bitcoin will not fall at $10k again, but, with big market panic selling, anything is possible.

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May 14, 2021, 12:24:12 PM
 #169

To answer the question, I would be happy that it will go down at 10k since I can buy a lot of bitcoin at a lower price, that's like the opportunity that some of the users have been talking about regarding buying bitcoin and profiting a lot in the future.

Good luck with that, it's a long bull run, we are witnessing something that might not happen for a while again after it will correct and turn into a bear maket. Judging on the current price, it looks like Bitcoin will not fall at $10k again, but, with big market panic selling, anything is possible.
I agree on that mate, i see that bitcoin is now on a bull trend so i think it will never fall into 10k$ this year, but i believe dip will come next to bullish season but i didn't think that it will drop up to 10k$ I am also wishing that it will drop down o 10k$ again for me to buy and hold but i think bitcoin will not fall this year.

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May 14, 2021, 01:14:06 PM
 #170

To answer the question, I would be happy that it will go down at 10k since I can buy a lot of bitcoin at a lower price, that's like the opportunity that some of the users have been talking about regarding buying bitcoin and profiting a lot in the future.

Good luck with that, it's a long bull run, we are witnessing something that might not happen for a while again after it will correct and turn into a bear maket. Judging on the current price, it looks like Bitcoin will not fall at $10k again, but, with big market panic selling, anything is possible.
I answered the question did I say that it will happen? You seem to have some problem in terms of reading comprehension. Did I put some analysis that the price is going to go down to 10k USD that you thought that I was wishing that the price go down, OP had a hypothetical question and you should assume that some answers would be hypothetical too.

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May 14, 2021, 01:37:26 PM
 #171

To answer the question, I would be happy that it will go down at 10k since I can buy a lot of bitcoin at a lower price, that's like the opportunity that some of the users have been talking about regarding buying bitcoin and profiting a lot in the future.

Good luck with that, it's a long bull run, we are witnessing something that might not happen for a while again after it will correct and turn into a bear maket. Judging on the current price, it looks like Bitcoin will not fall at $10k again, but, with big market panic selling, anything is possible.
I agree on that mate, i see that bitcoin is now on a bull trend so i think it will never fall into 10k$ this year, but i believe dip will come next to bullish season but i didn't think that it will drop up to 10k$ I am also wishing that it will drop down o 10k$ again for me to buy and hold but i think bitcoin will not fall this year.

Eventhough there are people who want to manipulate and create panic here still that $10,000 is quit far dump to happen, maybe we cannot see that this year since the bull still hitting even if we saw series of dumps happened recently. Maybe we can see now a good recovery so maybe we can still feel the bull and see the bitcoin price surge high.

R


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May 14, 2021, 02:30:21 PM
 #172

To answer the question, I would be happy that it will go down at 10k since I can buy a lot of bitcoin at a lower price, that's like the opportunity that some of the users have been talking about regarding buying bitcoin and profiting a lot in the future.

Good luck with that, it's a long bull run, we are witnessing something that might not happen for a while again after it will correct and turn into a bear maket. Judging on the current price, it looks like Bitcoin will not fall at $10k again, but, with big market panic selling, anything is possible.
I agree on that mate, i see that bitcoin is now on a bull trend so i think it will never fall into 10k$ this year, but i believe dip will come next to bullish season but i didn't think that it will drop up to 10k$ I am also wishing that it will drop down o 10k$ again for me to buy and hold but i think bitcoin will not fall this year.

Eventhough there are people who want to manipulate and create panic here still that $10,000 is quit far dump to happen, maybe we cannot see that this year since the bull still hitting even if we saw series of dumps happened recently. Maybe we can see now a good recovery so maybe we can still feel the bull and see the bitcoin price surge high.
I believe that people are waiting that time to come at $10k or even it just touches back at $20k. This will have the possibility to happen again but just like you, I couldn't think about it this year. Ain't sure about that but if we understand and analyze the market so well, we are even getting stronger as the market demand continues to grow, from the investors and trading side and as well as the gambling institutions as well. This significant growth gives some insights that Bullrun will still to stay for longer times.

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May 14, 2021, 02:42:57 PM
 #173

Get to drop down from $50K to $10k would hurt investor confidence, and it would  take gambling investors to reinvest and see bitcoin bounce back to $50K plus but I think more people would invest heavily should it drop this low but am personally not wishing for this drop!!

Think about the hodlers that entered late and market sinks this low,you would be depressed.

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May 14, 2021, 05:21:06 PM
 #174

To answer the question, I would be happy that it will go down at 10k since I can buy a lot of bitcoin at a lower price, that's like the opportunity that some of the users have been talking about regarding buying bitcoin and profiting a lot in the future.
Good luck with that, it's a long bull run, we are witnessing something that might not happen for a while again after it will correct and turn into a bear maket. Judging on the current price, it looks like Bitcoin will not fall at $10k again, but, with big market panic selling, anything is possible.
It is not specifically about 10k, I mean I understand that the question is 10k but the idea is that if we drop to these levels, would it be okay for us? And the answer is always yes, I do not mind bitcoin dropping. If the question was 20k, that would be more possible and I would be fine with that too, if the question was 30k that's fine too, if question was 40k that was fine too.

It recently dropped to 50k in the past 24 hours and I bought some more, so 50k is fine too. Basically, as long as it drops I am happy because I do not believe that the price would drop and stay there, the price would drop and I can buy at lower prices and then it will increase, maybe right away maybe it will take some time but at the end of the day it will increase and that is what I want to see. So yeah, that 10k may not happen but as long as it drops I do not care how low it gets, I will buy more.

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