We should be expecting a massive turn out for bitcoin this week and I presume that the price per bitcoin to surge to the $5000 range this week. Hold your coin mind you another fork is around the corner.
4k? That's pretty pessimistic. I think I'll give up watching the price for a while until this blows over.
I did vote for $5k < > $5,5k by the end of the month. But I guess I'l have to vote again the same for the end of next month as well.
I knew there will be some dip in the price of bitcoin but with bitcoin trying to resist the dip. I guess I will go for the $4,500-$5,000 price range till the end of next month.
4k? That's pretty pessimistic. I think I'll give up watching the price for a while until this blows over.
I did vote for $5k < > $5,5k by the end of the month. But I guess I'l have to vote again the same for the end of next month as well.
I knew there will be some dip in the price of bitcoin but with bitcoin trying to resist the dip. I guess I will go for the $4,500-$5,000 price range till the end of next month.
I really hope it sticks over 5000, it's just such a nice number to be set at.
Then next month it can go back up a bit moar, next stop 7K!
Yes, it a nice number to set at but you misunderstand what I said during the bitcoin gold fork time there will be dip but when it SegWit2x there will be pump in price which there will up and down in price for a chance of new buy before it all bullish next year.
6370+. I was thinking: When it was 1k or so a year ago I couldn't have imagined it would go up by a factor of five.
Now I wonder if it will go up by another factor of 5 to 30k. Not unbelievable.
C
If it does my life will change more than I could ever imagine.
Every bitcoiner life will change and this remind of John McAfee prediction. I always believe nothing is impossible and the first prediction we had was bitcoin to reach $25,000 in year 2020 but McAfee prediction is outstanding.
Yes, it good time to sell but I don't think the price per bitcoin will push it above $10,000 this week because the price seems to be up and down around the $9500-$9700 price range for hours.
Most of the traders are too emotional to make a real profit. The only way to prevent the bankruptcy is to learn to hodl. The usual scenario is like this:
1. Buy Bitcoin.
2. Bitcoin doesn't rise.
3. Some altcoin rises 50-100-300---% in 2-3 days.
4. What to do, what to do.. Ok let's sell the bitcoins with 10-30% loss.
5. Now let's buy altcoins 1,2, 3,...
6. Yupee, they rise 10%! I'm rich!
7. Oh, no!! They lose 10-20% in several minutes! I can't sell because the exchange is broken!
8. Finally, exchange is working. I'll wait to get back where I bought it.
9. Oh, no! Alts lose another 50-80%!!!
10. Ok, let's sell now!
11. Look, Bitcoin is 20% above the last ATH and 50% above I sold it!
12. I'll wait for the big crash to buy it again. In the meantime I will spread FUD in the forum.
13. Finally, Bitcoin is 10% less than the previous ATH but 100% above where I sold it!
14. Let's buy now.
14. Oh, no! Bitcoin is down 10% again. Go to step 3. Rinse and repeat.
Balance at the end of the year:0
thats so true . hold has worked for me so far
Holding of bitcoin is the best but the reason behind the current dip in price is cause by the act of bitcoin trader been too emotional . The reason behind it was the S.Korean exchange been hacked twice while the N.Korea were accused by the US government of been behind the Ransonware that occur this year.
Yes and that's smart of you but I wonder why some people panic sell when there is this kind of situation going on in the crypto market like this don't happen in the year 2016.
Guess it's bloody friday again. All coins and Alts are down
That's Friday for you mate and it because the coin market cap will be close for the weekend but how strong bitcoin and other altcoin could resist the dip will determine how bullish the crypto market will be next week.
This crash is your opportunity to create intergenerational wealth.
If you do not exhaust your fiat, you will soon have more BTC than you could have dreamed of. Don’t get bull trapped. If you are currently trapped, this candle is an opportunity to exit before the next leg down.
With people massive panic sell and Steve Wozniak liquidated most of his bitcoin holding while the price is down to $7200 price range. I'm afraid you're right this indeed the best chance to have or buy enough bitcoin.
Absolutely cause anybody that sell his or her holding in other not to loose because of the dump in price of the market such person person is already loosing. How ever, this remind of
Papa Laszlo the man who bought 2 pizza with 10,000 bitcoin back in the year 2010 and I knew he will surely regret doing that now. Guys don't sell your bitcoin now if it not for an important or urgent situation so you won't regret it.
Surely this is close to the being over sold area now. How much lower can we possibly go before big players think fuck this & start buying large amounts.
Edit - Just for some perspective, I just googled to check what the price was at a similar point in time 6 or so months before the last halving so November 2015 -
https://www.google.co.uk/amp/s/cointelegraph.com/news/11112015-bitcoin-price-falls-sharply/amp
Following the significant Bitcoin price growth to nearly $500 last week, it went down sharply on November 10-11. Just a few days ago, the Bitcoin price faced the first wave of decline to the $370 - $390 level. During the last 24 hours, the price lost almost 20% on all major cryptocurrency exchanges and dropped to as low as $308 on some of them...................
At the moment of this article's writing, the BTC price fluctuated at $318-333.
The market always experienced significant dump in price during November till December while it experience slightly surge at the early of the halving year.
I think what we need to do now is to accumulate more coin before the big buy large amount but this current dump might be the role of the Winklevoss twins.
