Bitcoin future?

Hi. Let`s talk about bitcoin and it`s future. What are you thinking?

I think; 2019-2020 will be same as like 2018; I mean no impulsive move; then 2021-2022 will be for the buyers only.

To be honest; I am not concern on the future of BTC right now; since I see it’s unplayable (as a trader).

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.

Will keep going up and down over the years, will end up higher than it is now though.

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.

It will rise but very slowly, without huge interest for speculators.

The long term view of BTC is either that it will massively increase or that it will go to zero. In my view both are equally possible. This makes bitcoin a gamble and I will not be trading it

I think it is great for traders, lots of movement.

dylanjessop posted:
I think it is great for traders, lots of movement.

But last 6 months the market wasn’t much volatile; besides, this BTCUSD moves mainly based on fundamental information’s.

I expect that Bitcoin will soon reach 4057.

Very specific. Does any one know a good source to compare trading volume of bitcoin? I want to see how current volumes compare to 2017

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).

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...…...

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.

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.

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

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

I am just continuing to accumulate it within my means, not risking anything I cant lose, and currently am far up on my investments. Will deffo increase again within the next few years.