Bitcoin Price Thread

[johnarb]

I might consider buying few once it is below 1k, just for fun not as the investment.

You can pray and wish all you want, but bitcoin will never go to $1K or below

 

[HolyGrailSeeker]

I might consider buying few once it is below 1k, just for fun not as the investment.

Happy waiting then.

 

[HolyGrailSeeker]

Wed at 14k, today on Monday at 10k. What a wonderful stable market.

If you want something stable invest in tether cryptocurrency.

 

[Pekelo]

Why would you put 1 cent in an investment that you believe is a ponzi,

I am on record saying, it is OK to trade a ponzi, as long as one is aware of that the trading/"investing" vehicle is a ponzi and he doesn't risk everything on it. If we can trade weather futures, why can't we trade a ponzi? Basically any stock that doesn't have a sound business plan is a ponzi. Uber? Group-on? All ponzis, we just call them stocks.

Now why would I use DCA? Because that works with a fluctuating price, until the price eventually collapses forever, but as Tesla or bitcoin show, it can be more than a decade.

 

[Pekelo]

When btc was 4k,

I also remember I called it a buy at that price point. Nevertheless nothing you said responded to my historical facts of the 4 famous price collapses. You guys somehow think this thing will keep reaching new ATH forever.

 

[RedDuke]

You can pray and wish all you want, but bitcoin will never go to $1K or below

When oil was 150, I recall T Boon Pickens saying we will never see oil below 100 in our life time. It hit 30 few years later.

 

[johnarb]

When oil was 150, I recall T Boon Pickens saying we will never see oil below 100 in our life time. It hit 30 few years later.

Keep hope alive...

 

[HolyGrailSeeker]

This bitcoin move is rather parabolic. I'm expecting a short term correction to the $8k or $9K+ region.
But FOMO is something that is hard to predict and people may just pour in money senselessly and bring up the price and higher.

I surprise myself, I made this prediction 5 days ago when btc was 13-14k. Not trying to boast but thus far all my calls were damm accurate.

 

[Evermore2017]

I might consider buying few once it is below 1k, just for fun not as the investment.

Will be nice below 3K for a dead cat bounce to 6K

 

[pipeguy]

Most probably just a healthy correction. It went from 3k to 13k in a relatively short time.

Does it makes sense to jump in medium-term in crypto assets now? Or its better to wait for retracement to 9K?