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Bitcoin future?
Mitglied seit Aug 27, 2017
875 Posts
Feb 26, 2019 at 07:22
Mitglied seit Apr 18, 2017
700 Posts
BookHog posted:
I am interested to see how BTC will react to a global slow down. Will speculators loose interest and move to safer assets like gold or will investors move into BTC because it is an independent financial instrument.
Yes, it’s an independed financial instrument; as you see the price is really uncertain; maybe it’s good for long-term investors but not for traders.
Mitglied seit Feb 07, 2019
33 Posts
Mitglied seit Jan 15, 2019
11 Posts
Mitglied seit Feb 07, 2019
33 Posts
Feb 28, 2019 at 10:45
Mitglied seit Feb 07, 2019
33 Posts
AniLorak posted:Josephius posted:
I expect that Bitcoin will soon reach 4057.
If market can break that resistant level; then I am sure more buyers will be accumulating for more moves (bullish).
Been hearing that for a while though...…...
Feb 28, 2019 at 10:56
Mitglied seit Feb 15, 2019
10 Posts
LOL - it is the retail market that caused the bitcoin rush of 2017. They have all lost interest now as they have lost all their money. Hardly any retail traders will buy bitcoin if it goes over 4057. The price will need to reach $10,000 for the press to get excited and start driving retail traders back.
Feb 28, 2019 at 11:43
Mitglied seit Apr 18, 2017
700 Posts
Muscat posted:
LOL - it is the retail market that caused the bitcoin rush of 2017. They have all lost interest now as they have lost all their money. Hardly any retail traders will buy bitcoin if it goes over 4057. The price will need to reach $10,000 for the press to get excited and start driving retail traders back.
True; but as I know big payers are waiting to buy with more cheap rate! So, from me it’s not a good time to buy BTC.
Mitglied seit Feb 07, 2019
33 Posts
Mar 01, 2019 at 13:38
Mitglied seit Feb 07, 2019
33 Posts
Muscat posted:
LOL - it is the retail market that caused the bitcoin rush of 2017. They have all lost interest now as they have lost all their money. Hardly any retail traders will buy bitcoin if it goes over 4057. The price will need to reach $10,000 for the press to get excited and start driving retail traders back.
Very true
Mar 01, 2019 at 13:38
Mitglied seit Oct 23, 2018
8 Posts
Me neither. I want to wait for $1000 if it gets to that level then BTC is worth the risk. It is a speculative asset. At $4000 the reward of it going to $10,000 is not worth the risk of it going to $0 but at $1000 I can take that risk

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