if you think 18k btc is low wait until autumn ...

[Rasa nanas]

I think the lowest price of bitcoin in the bearish phase of the current period is around $13k and that too will happen if the bitcoin price manages to drop below $17k. after bitcoin reaches ATH in the range of $68k it seems like reaching a price of 500-1k is very unlikely because if that really happens the crypto world could be destroyed because bitcoin loses 99% of the price of ATH.

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[helloinox]

Today the price of Bitcoin drops again to around $ 19K, in my opinion this is a good four, I have a target to continue to buy as long as I think is low, of course the opportunity to buy at a low price is difficult to happen again when market rising.

We do not really need to fear this one fall because to be fair to it, we didn't really had any problems in the fundamental sense, it was just one whale that sold a ton of bitcoin. It was a huge amount, like half a billion dollars worth, and when the volume is low, and you take out half a billion dollars, then you end up facing a bit of a fall. Believe me, when the prices return to normal and the volume is high, all of these would be normal.

Plus, if someone ends up buying half a billion dollars today, we would go back up right away like nothing happened. This is why it is not a fundamental reason and it is a simple drop that would be recovering anytime now.

You need more volume to push the price back up while it doesn't take as much to push it down tho. As long as the market is bearish like this, most investors stay their hand and don't put all their money into the buy order since DCA is a thing. That's why I think it will dips then recover but then dip further since every dip, investors try to DCA in but it will not enough.

[wheelz1200]

You might want to move this to the Speculation section, as it's more appropriate there.

As far as your prediction goes....people always start calling doomsday when prices sink and moonshot when they're going up.  Sometimes they're right, sometimes not.  Things are looking pretty dire at the moment, so who knows?  I certainly didn't think we'd be seeing bitcoin dip below $20k this year, but c'mon--this is bitcoin we're talking about.  Crazy-ass price swings have always been a part of the game.

Stay optimistic, all of you who are panicking.  

The fundamentals are not good for btc

Ask yourself this question:

Why would you pay 18000 USD ( a car, food for a year for some, food for 10 years for some ) on 1 virtual coin ( number in your phone or laptop )? That does nothing if you leave it in your wallet  The crop on btc was collected at 60k now it has no more apples, the apple tree is dying...

What are you even going on about lol.  Why are you on the BITCOINtalk forum then.  If you are just another one of them bitcoin isn't anything but the new beanie baby then why waste your time here.  There are a million of you, it doesn't make you right.  Can it go down hard from here, yeah.  Can and will it go higher in the future, yep.  Do yourself a favor and reach in your wallet and grab that piece of paper with a number on it.  What gives that value since it's just a piece of paper?  I hate this rhetoric...

[grim111]

if you think 18k btc is low wait until autumn ...

I think it will reach 500-1000 USD max as you can't use to sell stuff and big whales already moved their money ...

In 2019 btc was already 9000-10000 USD , do to pandemic people invested a lot  in btc.

It was damn funny to read this that time and when now is autumn and BTC is $34K it doubled my laughing. Im in in seence 2017 and each down wave I hear this nonesecne, but it never went lower then the last low.

[grim111]

Why would you pay 18000 USD ( a car, food for a year for some, food for 10 years for some ) on 1 virtual coin ( number in your phone or laptop )? That does nothing if you leave it in your wallet  The crop on btc was collected at 60k now it has no more apples, the apple tree is dying...

The question you should rather ask yourself is why have people been paying far much higher for it previously, why have people fomo'd into buying bitcoin even when it was above 50k USD, so why wouldn't they buy now, when nothing changed, just the normal volatility.

Your prediction just like some others in the past wouldn't age well, just to provide an answer to your question, people will buy bitcoin because of its usefulness in the society for btc enthusiast, it can do stuffs other than just holding or leaving it in your wallet.

Speculation / gambling ...not investment,also it's a pump and dump game that noobs do not know ...

The internet is full of pump and dump groups https://www.telegram-groups.com/pump-telegram-group/

Right now all that pump and dump groups you can find on https://teleteg.com, a cool search engine, something like Google but for Telegram search.

[Broly46]

lmao you fall into the mistake of being absolute newbies in this survival of the fittest test! It is either you or me, nobody gonna give into anyone else demand. Cheating and tearing up competition, whatever foul play to achive the goal of destroying the opponents. I can tell how you would even hallucinating about price plummeting, it is too typical to the point when btc price is high all guy become so carried away by the wind, they begin thinking a number out of their ass, they also begin to call bitcoin is MONEY and they finally fantasizing about private yacht fast car fast house fast woman add into their future life! But they totally change their narratives when btc price is low!! bunch of inconsistent guy with their advices and narrative that keep changing based on the ongoing market conditions, because they wanna feel "normal" and play safe.

[KiaKia]

What the performance of Bitcoin is going to look like in the next few months is unknown and I don't want to be in a tight spot where I let my guides down, what I've learned so far is that anything is possible in crypto space, what I feared the most is following the hordes, it's a very risky play.

I also find it difficult to try or pretend as if what you believe is what's going to happen, you have no idea, so the only way I plan to avoid this is by preparing for bulls and bears opportunities.

Let's say Bitcoin goes below our expectations, you will only feel sad if you don't have any money to use to take advantage of the dump, so always make sure you have some money ready just in case, it's a lot of stress to believe what people are saying, do not take a side, let the bears be bearish and let the bulls be bullish, I will still be fine.

[kotajikikox]

The fundamentals are not good for btc

Ask yourself this question:

Why would you pay 18000 USD ( a car, food for a year for some, food for 10 years for some ) on 1 virtual coin ( number in your phone or laptop )? That does nothing if you leave it in your wallet  The crop on btc was collected at 60k now it has no more apples, the apple tree is dying...

So what now mate, after everything you said yet bitcoin now is climbing back to 35k and still increasing? are you ready to face every comment after what you have said years back?
sorry but yes , i would rather buy 1 virtual coin than others because look at it now after you posted this? the price now doubled from that 18k.
and wait for next year it will be more than x4 .or even x6 more
and the apple tree is dying? watch your language and look at you now , where are you ? why not bump this thread of yours?

if you think 18k btc is low wait until autumn ...

I think it will reach 500-1000 USD max as you can't use to sell stuff and big whales already moved their money ...

In 2019 btc was already 9000-10000 USD , do to pandemic people invested a lot  in btc.

It was damn funny to read this that time and when now is autumn and BTC is $34K it doubled my laughing. Im in in seence 2017 and each down wave I hear this nonesecne, but it never went lower then the last low.

now he is missing in action because he don't know what face to use after what he have said here lol.

[philipma1957]

well the op bailed in oct 2022 at 18k he said it would tank like mad to 500-1000.

It did go to 15k in the fall of 2022.  Now it's 34k. It may get in the 42k-48k slot soon before dec

31st.

So calling him fucking nuts was a pretty good call on my part.

if you think 18k btc is low wait until autumn ...

I think it will reach 500-1000 USD max as you can't use to sell stuff and big whales already moved their money ...

In 2019 btc was already 9000-10000 USD , do to pandemic people invested a lot  in btc.

I think you are fucking nuts.

I think the likelyhood of you being hit by a meteor and killed tomorrow is almost
as likelyhood as a 500 usd price for btc in the fall of 2022.

So here's hoping that neither of the 2 happen.

Fortunately we did not drop under 15k and I am thinking the op was not stuck by a meteor. So all is well in the world.

[bettercrypto]

I think the lowest price of bitcoin in the bearish phase of the current period is around $13k and that too will happen if the bitcoin price manages to drop below $17k. after bitcoin reaches ATH in the range of $68k it seems like reaching a price of 500-1k is very unlikely because if that really happens the crypto world could be destroyed because bitcoin loses 99% of the price of ATH.

I just think that regardless of the lowest price value that Bitcoin has fallen to before, that will not happen again. Because if you open a history chart of this in the market, almost all the speculations of others that the value of Bitcoin will fall are not correct.

But the more they make speculations like that, the more the price value of Bitcoin in the market increases little by little. This is the only thing I really noticed about its value in the market.

[poodle63]

I think the lowest price of bitcoin in the bearish phase of the current period is around $13k and that too will happen if the bitcoin price manages to drop below $17k. after bitcoin reaches ATH in the range of $68k it seems like reaching a price of 500-1k is very unlikely because if that really happens the crypto world could be destroyed because bitcoin loses 99% of the price of ATH.

I just think that regardless of the lowest price value that Bitcoin has fallen to before, that will not happen again. Because if you open a history chart of this in the market, almost all the speculations of others that the value of Bitcoin will fall are not correct.

But the more they make speculations like that, the more the price value of Bitcoin in the market increases little by little. This is the only thing I really noticed about its value in the market.

bitcoin have the history of always growing so significantly that the supposed normal price of bitcoin in previous bullrun become its lowest point, thats why i'm sure sub $15k will be never seen.
this is I think also the reason why many people are so eager to hoard bitcoin and bag it as much as they can even when they are making profit from altcoin.
thats the good thing with bitcoin and this also why bitcoin always picked as the primary option for those famous institutional investors and even fund management company.
mainly because they know that the growth of bitcoin is really good for long term unlike altcoin that usually just pump and then vanish into thin air never to get rally again.

[Sithara007]

Prices spiked when I was expecting it the least. Previous bull-runs occurred every 4 years: first one in 2013, then in 2017 and the last one in 2021. The reason is that the prices peaked around 12 to 18 months after block reward halving. But the next block reward halving is still 6 months away and therefore I was not expecting the prices to peak at least until end of 2024. And this is also one of the reasons why I believe that the current bull run may not last long. We may go back to sub-20K levels within the next few months.

[EFS]

This thread didn't age well. We've seen a lot of members on this forum claiming that Bitcoin will drop to very low levels. History has always proven them wrong.
Those who missed the train while trying to buy Bitcoin cheap have always regretted it. It's best to buy regularly because you never know the bottom.

[Porfirii]

if you think 18k btc is low wait until autumn ...

I think it will reach 500-1000 USD max as you can't use to sell stuff and big whales already moved their money ...

In 2019 btc was already 9000-10000 USD , do to pandemic people invested a lot  in btc.

-snip-

I think the likelyhood of you being hit by a meteor and killed tomorrow is almost
as likelyhood as a 500 usd price for btc in the fall of 2022.

So here's hoping that neither of the 2 happen.

Fortunately we did not drop under 15k and I am thinking the op was not stuck by a meteor. So all is well in the world.

So rough

Everybody is free to speculate. The bad thing is that everything is recorded in the forum, so chances are that one's premonitions look ridiculous in retrospective.

A couple of friends I have told me months ago that Bitcoin was going to fall under 14k for sure, and that if price went below 9k, then we would test the 4k support. They were convinced about it, like if they talked about exact science. Fortunately we can say that both gurus were wrong so far, and with the new halving in sight I don't think that prices will fall so much in the near future. I won't talk about a longer period because I risk being quoted in the future if I'm wrong

[rachael9385]

This thread didn't age well. We've seen a lot of members on this forum claiming that Bitcoin will drop to very low levels. History has always proven them wrong.
Those who missed the train while trying to buy Bitcoin cheap have always regretted it. It's best to buy regularly because you never know the bottom.

Agree, I utterly agree with what you said. Like you said earlier, some people think that Bitcoin will go below 18k. I have seen some discussions like that, but I don't agree with them because I still believe that, as nobody knows how Bitcoin will skyrocket, so nobody still knows how Bitcoin will go below to the bottom. It is very hard to know the bottom of Bitcoin because it is unpredictable, but some people are just visualising how it will reach the bottom for them to buy the little they can afford, and we have bought Bitcoin earlier. It is presuming how Bitcoin will skyrocket for us to make profits in dear life.
As it is hard to know the bottom of Bitcoin, I can only say that they should just buy, no matter the price.

[dezoel]

What the performance of Bitcoin is going to look like in the next few months is unknown and I don't want to be in a tight spot where I let my guides down, what I've learned so far is that anything is possible in crypto space, what I feared the most is following the hordes, it's a very risky play.

I also find it difficult to try or pretend as if what you believe is what's going to happen, you have no idea, so the only way I plan to avoid this is by preparing for bulls and bears opportunities.

Let's say Bitcoin goes below our expectations, you will only feel sad if you don't have any money to use to take advantage of the dump, so always make sure you have some money ready just in case, it's a lot of stress to believe what people are saying, do not take a side, let the bears be bearish and let the bulls be bullish, I will still be fine.

Yeah but despite of it, people can't stop predicting or speculating. It's like they are too excited of what is to come. We are all like you. We also don't want to be in that tight spot but what can we do? It is the market is the one that orders everything here. In times of hard ships, we can just HODL or buy more Bitcoins.

The storm will just pass and everything will look fine again. The @OP's calls are too low so indeed that it's hard for us to agree with it. Many of us are mostly positive because we already bought some or more. There are still other ways to acquire a Bitcoin even if you don't have a money but we should start them now because most of them take time for us to get paid.

[Captain Corporate]

Its ok, we can't have all bull callers, some people has to just do this kind of thing and that's understandable, there is nothing wrong with that. I am not saying that he was right, but not ALL people would be interested. Bitcoin isl like that, it has polar sides and some think that it will constantly drop and some think that it will constantly go up, both are wrong. Sometimes it goes up, sometimes it goes down, if I told people that it would be 15k in a year back when it was 68k, they would think I am mad and stupid  too, but it did fall there, or when it was 4k if I told people it would be 60k+ in a year, they would think I am dreaming. Sometimes we end up being right, sometimes we end up being wrong.

[romero121]

Its ok, we can't have all bull callers, some people has to just do this kind of thing and that's understandable, there is nothing wrong with that. I am not saying that he was right, but not ALL people would be interested. Bitcoin isl like that, it has polar sides and some think that it will constantly drop and some think that it will constantly go up, both are wrong. Sometimes it goes up, sometimes it goes down, if I told people that it would be 15k in a year back when it was 68k, they would think I am mad and stupid  too, but it did fall there, or when it was 4k if I told people it would be 60k+ in a year, they would think I am dreaming. Sometimes we end up being right, sometimes we end up being wrong.

This thread had been started almost one and a half years back. It was during the time bitcoin was close around $50k by the start of 2022 and it slowly started to fall and at some point it reached the range of $18k. What he had mentioned in the title happened, price further dropped during the month of November and touched $16k which is big opportunity for the investors. From there once again the price had turned bullish and was around the range of $23k -$27k for a longer time period and now once again a sudden bounce have taken place reaching $34k+ and this autumn we don't have choice of turning bearish.

[poodle63]

Its ok, we can't have all bull callers, some people has to just do this kind of thing and that's understandable, there is nothing wrong with that. I am not saying that he was right, but not ALL people would be interested. Bitcoin isl like that, it has polar sides and some think that it will constantly drop and some think that it will constantly go up, both are wrong. Sometimes it goes up, sometimes it goes down, if I told people that it would be 15k in a year back when it was 68k, they would think I am mad and stupid  too, but it did fall there, or when it was 4k if I told people it would be 60k+ in a year, they would think I am dreaming. Sometimes we end up being right, sometimes we end up being wrong.

This thread had been started almost one and a half years back. It was during the time bitcoin was close around $50k by the start of 2022 and it slowly started to fall and at some point it reached the range of $18k. What he had mentioned in the title happened, price further dropped during the month of November and touched $16k which is big opportunity for the investors. From there once again the price had turned bullish and was around the range of $23k -$27k for a longer time period and now once again a sudden bounce have taken place reaching $34k+ and this autumn we don't have choice of turning bearish.

kinda proves that such highly pessimistic speculation of bitcoin price was highly wrong, even when the whole market collapsing because of many companies like ftx doing their worst decision ever and went bankrupt bitcoin could still be valued by many, its lowest point was around $16k and we will never see this price again like we will never see bitcoin previous ath which is $1k few years ago.
thats the thing with bitcoin, the growth is really fast, while also increasing popularity being utilized for investment thats considered even better than digital gold.
from here on we will see bullrun hopefully and finally new all time high, but even though its just speculation the market sentiment has been getting better and better this could simply only means that the market will be having massive change of trend probably heading towards the bullrun.

[philipma1957]

This thread didn't age well. We've seen a lot of members on this forum claiming that Bitcoin will drop to very low levels. History has always proven them wrong.
Those who missed the train while trying to buy Bitcoin cheap have always regretted it. It's best to buy regularly because you never know the bottom.

Yeah he did get a drop from 18k to 15k  but that was it. I am thinking

that we may have no real drops. under 20k