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Trading the cryptocurrencies Bitcoin,Etherium, Litecoin etc....
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AlexanderPetrex

Member Since Oct 03, 2017  5 posts AlexanderPetrex Oct 10 2017 at 14:46
leo23 posted:
Bitcoin price quickly bounced back exactly from 3000 USD and now oscillating around 4300 USD which it was previously before hitting 5000 USD.

It is very much obvious that when it hits higher highs so quickly it gives some big retracements before hitting another high.

I hope the Bitcoin price to hit 6K,7K or 8K immediately after the next hardfork which is expected to occur in October I guess.I don't remember the exact date. But before the hard fork as usual some price deeps may be possible.


Bitcoin Price Forecast: BTC Gains 5% in One Week Despite Upcoming Hard Fork
Bitcoin is facing another mutiny in the coming weeks, but you wouldn’t be able to tell that from its price action. The Bitcoin price forecast appears cool, calm, and collected.
What do I mean by mutiny? Well, some of you are old enough to remember the Bitcoin news in June and July. Remember the minor civil war started by a small group of developers that wanted to upgrade Bitcoin’s source code?
You see, for all its hype as a global digital currency, Bitcoin is incredibly slow at sending money. It takes hours, sometimes days, to complete a transaction.
In order to increase efficiency, some developers offered a solution. But once their peers saw that it involved fundamental alterations to Bitcoin’s source code, they resisted. A tug-of-war ensued, forcing the currency to split in two.

AlexanderPetrex

Member Since Oct 03, 2017  5 posts AlexanderPetrex Oct 10 2017 at 14:46
leo23 posted:
Bitcoin price quickly bounced back exactly from 3000 USD and now oscillating around 4300 USD which it was previously before hitting 5000 USD.

It is very much obvious that when it hits higher highs so quickly it gives some big retracements before hitting another high.

I hope the Bitcoin price to hit 6K,7K or 8K immediately after the next hardfork which is expected to occur in October I guess.I don't remember the exact date. But before the hard fork as usual some price deeps may be possible.

Bitcoin Price Forecast: BTC Gains 5% in One Week Despite Upcoming Hard Fork
Bitcoin is facing another mutiny in the coming weeks, but you wouldn’t be able to tell that from its price action. The Bitcoin price forecast appears cool, calm, and collected.
What do I mean by mutiny? Well, some of you are old enough to remember the Bitcoin news in June and July. Remember the minor civil war started by a small group of developers that wanted to upgrade Bitcoin’s source code?
You see, for all its hype as a global digital currency, Bitcoin is incredibly slow at sending money. It takes hours, sometimes days, to complete a transaction.
In order to increase efficiency, some developers offered a solution. But once their peers saw that it involved fundamental alterations to Bitcoin’s source code, they resisted. A tug-of-war ensued, forcing the currency to split in two.

leo23

Member Since Oct 12, 2016  359 posts leo23 Oct 11 2017 at 06:25
Finally, BTC reached its high price from which it gave the last big retracements. It is now oscillating around the same last high price around 4900 USD/BTC.

@kebayamwamba

So when BTC will fall to $13 per BTC as per your previous comments? Is it the right time to sell off BTC? Is the BTC going to be dead now?....very funny:))))

The most funny part was your charts where you draw very nice drawing, but it is very serious thing for beginners who don't know much about cryptocurrencies and they will think as if you know a lot about trading cryptos by looking into your graphs.

The reason I am posting this comment is because I know you will again come with your nice charts showing how BTC will die... blah blah when the price will reach to 4K or 3K again without understanding the basic fact is the even is a 50% drawdown in a day in cryptocurrency is very normal . Those who know about Bitcoin they don't care if the BTC price will even reach 100 USD/BTC.

I expect the price to reach to 6K,7K ,8K at least by end of this year, but ready for another deep drawdown before achieving such highs.

leo23

Member Since Oct 12, 2016  359 posts leo23 Oct 12 2017 at 14:53
Bitcoin has crossed way ahead of 5000 USD. Now, it is around 5200 USD per BTC.

I am waiting for the price to hit 6000 USD.

OLSH

Member Since Nov 30, 2016  7 posts Kygo (OLSH) Oct 13 2017 at 09:01
BTC 50K for sure and eventually maybe 110K. The bubble is between 60K and 110K. Trade accordingly.

leo23

Member Since Oct 12, 2016  359 posts leo23 Oct 15 2017 at 11:30
OLSH posted:
BTC 50K for sure and eventually maybe 110K. The bubble is between 60K and 110K. Trade accordingly.

Yes, for me the price projections are very much realistic.

But I will not call any price as bubble even 1 Million USD per BTC I will not call a bubble. Until and unless some fundamental changes in the crypto market happens like any other cryptocurrency surpassing the BTC value or a security breach or hack of Bitcoin blockchain itself happens, it is very difficult for the BTC price to stop increasing further and further and ultimately may be one day competing the forex market itself.

leo23

Member Since Oct 12, 2016  359 posts leo23 Oct 15 2017 at 11:30
I congratulate all who bought BTC at the last deep price of 3000 USD per BTC. Now, it is almost 100% gain in less than a month.

Now Bitcoin haters don't appear anywhere who used to predict how Bitcoin will die etc etc.



leo23

Member Since Oct 12, 2016  359 posts leo23 Oct 22 2017 at 06:44
Finally, Bitcoin has started trading above 6000 USD per BTC. I precisely told this approximate price before around 1 month in this thread when price reached the low price 3000 USD.

Now, Bitcoin haters have just shut up when some were saying that BTC will die soon blah blah...I told the price to go 6K,7K,8K ...

I will stick to my previous price expectation and I hope the price to move at least 8K by end of this year, but it may go even more and at the same time big price deeps may occur as well before the hard fork in November.

AmDiab

Member Since Apr 18, 2017  256 posts AmDiab Oct 22 2017 at 14:08
Nutter21 posted:
Crypto trading is much riskier than normal Forex. I would take caution


I do agree with your opinion! This is way, new traders should avoid the crypto currencies!

mlawson71

Member Since Dec 11, 2015  1486 posts mlawson71 Oct 24 2017 at 12:32
AmDiab posted:
Nutter21 posted:
Crypto trading is much riskier than normal Forex. I would take caution


I do agree with your opinion! This is way, new traders should avoid the crypto currencies!


Newbies generally should avoid trading anything on a live account without a sufficient trading and learning period on a demo account, in my opinion.

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