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Bitcoin to $2500 or Jan 2019


bitman007

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Posted

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 

Posted

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 

Posted

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.

 

Posted

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

Posted
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... 

Posted

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.

Posted

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.

Posted

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.

Posted

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

 

Posted
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

Posted
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.

Posted
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?

Posted
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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