bitman007 Posted December 8, 2018 #1 Posted December 8, 2018 Hello. Friends as Crypto market is not stable this time.But if we look forward in the history We found From then all-time high of USD $1,200 in Dec 2013, for next 13 months, #Bitcoin went down by over 87% to bottom out at just $150 in Jan 2015. Rock bottom! #AllHopeLost? Now from Dec 2017 high of $20,000, going down 87% would take it to $2,500. So maybe bottom out in Jan 2019? 🤔 Will go below $2500 Choose 1 vote & comment why? 1. Yes jan 2019; Not $2500 2. Yes $2500; Not Jan 2019 3. $2500 bottom in Jan 2019 4. Will Go Below $2500 and If we drop further 30-40% from here, which coin will be your choice to buy on dips? Which has best potential to Pullback 23.6% from lows? Kindly share ypur opinion with knowedge to learn more . Thanks : Good Luck
KiritoCS Posted December 8, 2018 #2 Posted December 8, 2018 I think it stays stable maybe with a little drop of another 20% until new year and down to $2.75k.
chrisconn63 Posted December 8, 2018 #3 Posted December 8, 2018 1. i think jan will be the bottom but not near $2500 just because thats a big drop from this moment in time. half a month idk. its possible but i just dont think itll happen.
rajamishra Posted December 8, 2018 #4 Posted December 8, 2018 its a system generated or human created but every 4 year it decrease and increase in to top for that year hope btc will no downgrade what the current price now if it downgrade then xrp or ltc will take the place of btc as per the market cap
Mahdirakib87 Posted December 8, 2018 #5 Posted December 8, 2018 Okay we can't expect what's going to happen. And I can't surly choose any option here. Cause crypto price get pump and dump anytime. Sometimes we can guess and realize the reason earlier that it's going to be pump/dump. And many times it happens unexpectedly. At this time many panic holder sell their coin. That's make a huge drop. As Christmas is near and a new year will start so I think BTC might be going to get a dump here. And the dump point maybe reach bellow 2500$. It's my opinion. Not any proper analysis or sure word.
polor12 Posted December 8, 2018 #6 Posted December 8, 2018 it will increase.. the way it stands write great time to buy..
jualid Posted December 8, 2018 #7 Posted December 8, 2018 Nah, i hope bitcoin will go up on Jan 2019, no way the bitcoin price will reach $2500, i hope not.
davinmark Posted December 8, 2018 #8 Posted December 8, 2018 well i cant predict the prices at all, but i hope the prices wont go low anymore. New year is coming , so we are hoping for new prices too right? (High prices ofc :D)
Etude Posted December 9, 2018 #9 Posted December 9, 2018 I hope that it does not fall anymore but instead increase in value from this point onwards! Up and up to the moon shall it go!
zeriko Posted December 9, 2018 #10 Posted December 9, 2018 I don't expect it's going to drop any more than it already has I expect to see a steady increase from now on but that just might be hopeful optimism
Shaniqua Posted December 9, 2018 #11 Posted December 9, 2018 On 12/8/2018 at 2:33 AM, KiritoCS said: I think it stays stable maybe with a little drop of another 20% until new year and down to $2.75k. that sounds about right to me.... then again... i have no idea in terms of making educated guesses... tbh i dont own any BTC at the moment so its all gravy to me whatever happens...
Saripa Mursid Posted December 9, 2018 #12 Posted December 9, 2018 Hope bitcoin is $2500 in Jan 2019 or up to $4000
Kristoffff Posted December 9, 2018 #14 Posted December 9, 2018 Possible. Frankly I hope that would be the case. Cheap crypto to purchase is never bad. Its just we dont know for sure, else life would be easily to make plan There are just alot of panicsellers who will drive the price down even further atm. The same guys who will probably buy back for a higher price and lose money hehe.
Realraidengod Posted December 9, 2018 #15 Posted December 9, 2018 i dont think it will drop that low think it will stay on the 3000$
bmg Posted December 14, 2018 #16 Posted December 14, 2018 i think btc iwill be done falling and by the end of January 2019 or early Febuary 2019 it will be on the rise again. I think that it will be at least $6900 by that time.
Philip74 Posted December 14, 2018 #17 Posted December 14, 2018 I recently read an article online saying that some whales (maybe financial institutions ?) have been buying large quantities of btc over the counter which do not impact the price of btc as these transactions are not made through exchanges. If this is true, it would explain the large decrease in btc (and other cryptos) price this year. It would also mean that eventually these whales would want to see the price of btc rise, so I would expect a large increase in 2019 (maybe second half) back up to $7k or $8k perhaps. I will be holding on to the cryptos I have, I don't think it is wise to sell while the market is so low.
gougou Posted December 14, 2018 #18 Posted December 14, 2018 Guys i am thinking so hard and almost be sure that this January will surprise us and bitcoi ad all cryptos Samsung make blockechain mobiles so the father of blockchain will raise hard I thnik on Jaury 2019 we will see a great limit up for bitcoin and all year will raise it slowly then this is a gap for bitcoinit happened again and it will happen again too
williamshennie9 Posted December 14, 2018 #19 Posted December 14, 2018 I think bitcoin will go down to about $2000. I've lost most faith I used to have in bitcoin, now I'm just watching the markets go lower and lower...
Shaniqua Posted December 14, 2018 #20 Posted December 14, 2018 1 hour ago, williamshennie9 said: I think bitcoin will go down to about $2000. I've lost most faith I used to have in bitcoin, now I'm just watching the markets go lower and lower... i know right? its like a freaking game of limbo where all i hear the sound is "how low can you go" and people chanting " how low can you go!" ;p;p
bitman007 Posted December 15, 2018 Author #21 Posted December 15, 2018 11 hours ago, Shaniqua said: i know right? its like a freaking game of limbo where all i hear the sound is "how low can you go" and people chanting " how low can you go!" ;p;p Dont worry at all : If Bill Gates, Steve Jobs and Mark Zuckerberg were kids today, they would be building the future decentralized world. Every generation has its technology revolution. Crypto is ours.We are all actually underestimating the impact of crypto if Bitcoin has a chance to become the global reserve currency and every stock, bond, currency & commodity gets tokenized. if you read crypto news recently there was a article thay says Wall Street folks who hate on Bitcoin are big “diversification!” believers. Funny part here istheir idol Warren Buffett once said: "Diversification is protection against ignorance. It makes little sense if you know what you are doing." Long Bitcoin, Short the Bankers! we must keep in mind that Bitcoin is the application of math and software to the business of money.
williamshennie9 Posted December 15, 2018 #22 Posted December 15, 2018 1 hour ago, bitman007 said: Dont worry at all : If Bill Gates, Steve Jobs and Mark Zuckerberg were kids today, they would be building the future decentralized world. Every generation has its technology revolution. Crypto is ours.We are all actually underestimating the impact of crypto if Bitcoin has a chance to become the global reserve currency and every stock, bond, currency & commodity gets tokenized. if you read crypto news recently there was a article thay says Wall Street folks who hate on Bitcoin are big “diversification!” believers. Funny part here istheir idol Warren Buffett once said: "Diversification is protection against ignorance. It makes little sense if you know what you are doing." Long Bitcoin, Short the Bankers! we must keep in mind that Bitcoin is the application of math and software to the business of money. My fear with bitcoin is that it is not backed by anything other than faith. There are no gold bars, or other physical item of value sustaining bitcoin. What are your thoughts on this?
bitman007 Posted December 15, 2018 Author #23 Posted December 15, 2018 3 hours ago, williamshennie9 said: My fear with bitcoin is that it is not backed by anything other than faith. There are no gold bars, or other physical item of value sustaining bitcoin. What are your thoughts on this? AS i have mentioned most of the things in answer but i want say that a very big component of bitcoin price is certainly speculation. It’s investors speculating on the future usage and adoption of this technology. A small component of the price is actual utility. and we know how crypto market going its way to get success:) it need only more an dmore adoption and supporter now
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