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1 BTC=2,00,000 USD by end of 2018

AmDiab
Nov 27 2018 at 08:06
718 комментариев
Right now, we are in a very crucial support level @3663; if market break this level then maybe we’ll have 2835 level once again, after a long time.

Adribaasmet
Dec 26 2018 at 14:56
951 комментариев
Leo; are you here? What’s your reaction based of recent buy moves? What you are expecting now?

leo23
Dec 26 2018 at 15:38
567 комментариев
Adribaasmet posted:
Leo; are you here? What’s your reaction based of recent buy moves? What you are expecting now?

Yes, I am always here.

Also, I am always optimistic about the future of cryptos, but I don't support margin trading or day trading with cryptos, because it is same as forex trading. So any such small price ups and downs of few thousand dollars don't mean anything for me and I don't pay attention to such things. That is normal. In fact, until the price crosses beyond 20K which was the last high, any price analysis is useless. I only pay attention to the fundamentals of crypto space what is happening there.

Such small price moves usually happen when some big players like crypto exchanges, forex brokers,small crypto funds make their money in and out of crypto market and they are very good at doing such things what happened last year around this time. Also, just one entity in this forex market can easily move the BTC price due to very small market capital of the crypto as compared to total market capital of forex.

I have seen price moves starting from 100 USD per BTC to 20,000 USD per BTC and again from 20K to 3.5K and so such moves are normal for me.

The main price moves beyond 20K will happen only when institutional investors will come in to the crypto space to buy and hold cryptos. Such a thing will be possible only after a Bitcoin ETF approval and we might see major price rallies after Bitcoin ETF approval which is expected to happen within next few months after many postpones.

But of course, there is no guarantee on ETF approval in time, because it was supposed to happen already by this time and it has been getting postponed multiple time and it's like a conspiracy by the big banks and the elite class to control the money again and hence, they are trying to push the BTC price as low as possible in every possible way so that they can buy and hold as much as they can at the lowest possible price and after that the ETF approval might happen and all the retail investors will again jump in to buy BTC at high price.

I only support 2 things for crypto:
1.To hold some valuable cryptos for long term probably for lifetime in terms of store of value since it will be the future of money within next couple of years. Investing in crypto is highly risky as well as highly profitable due to it's volatile nature.

2. To use cryptos for day today transactions and the number of crypto payment platforms are growing day by day and I am unable to keep a track of all of them for now.

As of now, probably cryptos need more time for recovery until institutional investors will get a solid platform to buy and hold cryptos. As I mentioned above, now the price movements are happening either due to margin trading in forex brokers or due to crypto exchanges or crypto funds making the money in and out and such small price moves are unreliable, because one entity can move the price up or down due to low market capital.

But if the institutional investors will come to the crypto space, then it will be difficult to control the BTC price, because they usually don't gamble and hold for long term and hence, we may see sharp price jump and stay above a certain level afterwards. Now, price can either go up or down depending on the retail investors decisions.

AmDiab
Dec 27 2018 at 07:50
718 комментариев
This is why, I think, crypto is more suitable to invest instead of trading; since it’s a long term process!

Adribaasmet
Dec 27 2018 at 14:00
951 комментариев
leo23 posted:
Adribaasmet posted:
Leo; are you here? What’s your reaction based of recent buy moves? What you are expecting now?

Yes, I am always here.

Also, I am always optimistic about the future of cryptos, but I don't support margin trading or day trading with cryptos, because it is same as forex trading. So any such small price ups and downs of few thousand dollars don't mean anything for me and I don't pay attention to such things. That is normal. In fact, until the price crosses beyond 20K which was the last high, any price analysis is useless. I only pay attention to the fundamentals of crypto space what is happening there.

Such small price moves usually happen when some big players like crypto exchanges, forex brokers,small crypto funds make their money in and out of crypto market and they are very good at doing such things what happened last year around this time. Also, just one entity in this forex market can easily move the BTC price due to very small market capital of the crypto as compared to total market capital of forex.

I have seen price moves starting from 100 USD per BTC to 20,000 USD per BTC and again from 20K to 3.5K and so such moves are normal for me.

The main price moves beyond 20K will happen only when institutional investors will come in to the crypto space to buy and hold cryptos. Such a thing will be possible only after a Bitcoin ETF approval and we might see major price rallies after Bitcoin ETF approval which is expected to happen within next few months after many postpones.

But of course, there is no guarantee on ETF approval in time, because it was supposed to happen already by this time and it has been getting postponed multiple time and it's like a conspiracy by the big banks and the elite class to control the money again and hence, they are trying to push the BTC price as low as possible in every possible way so that they can buy and hold as much as they can at the lowest possible price and after that the ETF approval might happen and all the retail investors will again jump in to buy BTC at high price.

I only support 2 things for crypto:
1.To hold some valuable cryptos for long term probably for lifetime in terms of store of value since it will be the future of money within next couple of years. Investing in crypto is highly risky as well as highly profitable due to it's volatile nature.

2. To use cryptos for day today transactions and the number of crypto payment platforms are growing day by day and I am unable to keep a track of all of them for now.

As of now, probably cryptos need more time for recovery until institutional investors will get a solid platform to buy and hold cryptos. As I mentioned above, now the price movements are happening either due to margin trading in forex brokers or due to crypto exchanges or crypto funds making the money in and out and such small price moves are unreliable, because one entity can move the price up or down due to low market capital.

But if the institutional investors will come to the crypto space, then it will be difficult to control the BTC price, because they usually don't gamble and hold for long term and hence, we may see sharp price jump and stay above a certain level afterwards. Now, price can either go up or down depending on the retail investors decisions.


Got it mate; thanks again for long-detail answer! As you mentioned, 1st part of 2019 is very crucial.

AniLorak
Dec 28 2018 at 07:45
920 комментариев
Adribaasmet posted:
Leo; are you here? What’s your reaction based of recent buy moves? What you are expecting now?


So, now the price is below 3500$, so don’t be over excited.

Adrierin
May 01 2019 at 11:20
24 комментариев
It didn't happened but BTC are raising again really, it's already like $5200 for BTC, correct ? You better just buy/invest in them, see they are on the rise and will be, I would say. If you don't have enough funds you can always try Litecoin or Ethereum or something like that, just don't do it with all free money;)

Andromaris
May 20 2019 at 06:06
25 комментариев
I can see it on something like $8000 or more for 1 BTC again. It's very very volatile really and I am not sure how you able to fix some profit or loss with it. I miss the times when you being able to buy that BTC for like $20 and nothing less than that really.

Adribaasmet
May 21 2019 at 09:27
951 комментариев
Andromaris posted:
I can see it on something like $8000 or more for 1 BTC again. It's very very volatile really and I am not sure how you able to fix some profit or loss with it. I miss the times when you being able to buy that BTC for like $20 and nothing less than that really.


Yes, now the price is around 8K! But, now I am not super ambitious; maybe in near future it’ll cross 10K.

AmDiab
May 22 2019 at 08:34
718 комментариев
Adribaasmet posted:
Andromaris posted:
I can see it on something like $8000 or more for 1 BTC again. It's very very volatile really and I am not sure how you able to fix some profit or loss with it. I miss the times when you being able to buy that BTC for like $20 and nothing less than that really.


Yes, now the price is around 8K! But, now I am not super ambitious; maybe in near future it’ll cross 10K.


I guess; within the next few months we’ll have more than 1200$ price in Bicoin!

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