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I believe the price for BTC is a bit over extended right now. It might continue to rise but I expect there might be a correction soon at some point but then it should rise again.
The BTC price can sometimes seem high. I usually just worry about if it advances way too fast than it should normally rise. Still, I wouldn't worry about it too much.
It's going up without any stop, that's positive for us the bitcoiners. However, the question is, what if it goes down with the same speed for any reason?
Those who are looking to hop on should remember to invest for the long term, and never to invest more than they can afford to lose. Right now, cryptocurrency continues to climb and it looks like there is no way to lose. That sort of thinking is extremely dangerous and prospective investors should exercise caution, whatever they chose.
Some are reporting what they call a tulip bubble . It's only my opinion when I say the only way it will crash is if " Wall Street " crashes it . And they will only do that after they have set up a short position . Lets enjoy the roller coaster and play the Wall Street Shuffle .
YES! You're right... the longer this high, the bigger the crash. I for one am looking forward to it. It will be a great buying time for more bitcoin and altcoins. I've sold off most btc already at 4000. No regrets. Just look at the bitcoin charts for the past year. Wouldn't be surprised if it hit 2800 at least temporarily.
Can I say how sad I am that my wife actually realized how stupid it was not for me to buy my 6k$ limit at coinbase when it was @ $1800 a few weeks back. I need an understanding shoulder to cry on. GRRRRH! But in the end happy wife happy life, right?
Well there was a chance that it went the opposite way! In that case you would cry now... oh you are crying now too. Well - think positive - another chance will come
:-)
Price goes up; price goes down. Always has and always will. Are we in bubble territory yet? I don't thinks so ; not till I get in a cab and the driver tries to convince me to get some of that " magic Internet money"
This post has been ranked within the top 25 most undervalued posts in the second half of Aug 14. We estimate that this post is undervalued by $38.62 as compared to a scenario in which every voter had an equal say.
I'm very new to this Steemit community, and I just started to watch this Bitcoin and my eye cannot believe how crazy fast this is going up. I heard that this Bitcoin will hit 10K by the end of this year, but I think it is going up way too fast and crazy. It is sort of like this crazy housing market right now in Canada, which can only go down now, but because people think they will not be able to buy the house later on, they all jump in. The problem is we all jump in when the price goes up when we are supposed to buy when it is going down, just like any other SALES people are always looking for. They go shopping when the prices are on sale not when they are crazy expensive. But that is just my opinion.
Hey Trevon! I love your videos. Keep up the great and entertaining content! Through your education I learned a lot about steemit, thanks for that.
I never heard of bitcoin poker, this sounds like a lot of fun:)
Please check out my post, I'll maybe write something about poker aswell:)
Cheers and have a great day!
i think yeah it seems overprice. Actually i think its a part of game. first news came about bitcoin split & price decrease . Then people start cashing out bitcoin. Then again news came that bitcoin will not split. But finally splitted then everyone started investing in Bitcoin cash. Now bitcoin cash slip down & bitcoin started rising up. This is just attraction so that people will invest in bitcoin more.
Well, While the volatility of Bitcoin is certainly less than it was before, the currency is still likely to be dramatically go high in both directions - as well as always to invest on. Anyway, one maybe be watchful before investing.
Well the correction happened today at 09:00 AM Mexico City time falling to 3800 USD but it bounced back again to the 4100 level in a matter of 3 hours!, phew! thing are moving really fast this days!
Nice article. I was about to start a similair discussion. The cryptospace definitely feels a bit inflated. However we also said that about the S&P 500 40 years ago Besides coinmarketcap.com there is: https://www.coincheckup.com This site did all the research for you. It's truly amazing. Go to: https://www.coincheckup.com/coins/Bitcoin#analysis For a complete Bitcoin Investment and research analysis.
I believe the price for BTC is a bit over extended right now. It might continue to rise but I expect there might be a correction soon at some point but then it should rise again.
The BTC price can sometimes seem high. I usually just worry about if it advances way too fast than it should normally rise. Still, I wouldn't worry about it too much.
Bitcoin price can never be too high!
Only the rent can be too damn high
Not high enough. I want to see it at 10k.
There is a German song "Don't fly too high my little friend".... I am sure that a correction is healthy and imminent before giving BTC another push
No but you look far to high lmao
If it is, play it as long as you can before you SELL! One thing I know Bitconnect is BOOMING, 1.71% yesterday, ill take it haha
for those who got into bitcoin back then, this muat be one hell of a celebration...this is literally paying off😃
What goes up most come down before it goes up again!
It's going up without any stop, that's positive for us the bitcoiners. However, the question is, what if it goes down with the same speed for any reason?
I am sure that this will happen in near future!
up and down round n round!!!!
Those who are looking to hop on should remember to invest for the long term, and never to invest more than they can afford to lose. Right now, cryptocurrency continues to climb and it looks like there is no way to lose. That sort of thinking is extremely dangerous and prospective investors should exercise caution, whatever they chose.
Ya I believe It will go high but slowly slowly like a cockroach moves on the floor.
I think is too high, we need to see a correction, that will be a good sign for the market
the correction is coming. prettys sure just like when it hit 3000
Nice, the Icos are dead, but the bitcoin is More alive than ever
Some are reporting what they call a tulip bubble . It's only my opinion when I say the only way it will crash is if " Wall Street " crashes it . And they will only do that after they have set up a short position . Lets enjoy the roller coaster and play the Wall Street Shuffle .
YES! You're right... the longer this high, the bigger the crash. I for one am looking forward to it. It will be a great buying time for more bitcoin and altcoins. I've sold off most btc already at 4000. No regrets. Just look at the bitcoin charts for the past year. Wouldn't be surprised if it hit 2800 at least temporarily.
If it falls back to below $3,000, I will be buying all I can!
me too! sell the car! sell everythg! lol! jk
this is the start
good post
upvoted&followed :)
But wait for the red candle, which will give the support
im high right now
Can I say how sad I am that my wife actually realized how stupid it was not for me to buy my 6k$ limit at coinbase when it was @ $1800 a few weeks back. I need an understanding shoulder to cry on. GRRRRH! But in the end happy wife happy life, right?
Well there was a chance that it went the opposite way! In that case you would cry now... oh you are crying now too. Well - think positive - another chance will come
:-)
When they start panicking I'm getting ready to buy.
When they get comfortable, arrogant and cocky -- I'm getting ready to sell.
Price goes up; price goes down. Always has and always will. Are we in bubble territory yet? I don't thinks so ; not till I get in a cab and the driver tries to convince me to get some of that " magic Internet money"
was going to buy some today, but decided to wait a day or two to see what is happening
This post has been ranked within the top 25 most undervalued posts in the second half of Aug 14. We estimate that this post is undervalued by $38.62 as compared to a scenario in which every voter had an equal say.
See the full rankings and details in The Daily Tribune: Aug 14 - Part II. You can also read about some of our methodology, data analysis and technical details in our initial post.
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Bitcoin will reach 100.000 US in 10 years , mark my word!
ya i dont know whats gonna happen i think its gonna go down soon
I'm very new to this Steemit community, and I just started to watch this Bitcoin and my eye cannot believe how crazy fast this is going up. I heard that this Bitcoin will hit 10K by the end of this year, but I think it is going up way too fast and crazy. It is sort of like this crazy housing market right now in Canada, which can only go down now, but because people think they will not be able to buy the house later on, they all jump in. The problem is we all jump in when the price goes up when we are supposed to buy when it is going down, just like any other SALES people are always looking for. They go shopping when the prices are on sale not when they are crazy expensive. But that is just my opinion.
Hey Trevon! I love your videos. Keep up the great and entertaining content! Through your education I learned a lot about steemit, thanks for that.
I never heard of bitcoin poker, this sounds like a lot of fun:)
Please check out my post, I'll maybe write something about poker aswell:)
Cheers and have a great day!
i think yeah it seems overprice. Actually i think its a part of game. first news came about bitcoin split & price decrease . Then people start cashing out bitcoin. Then again news came that bitcoin will not split. But finally splitted then everyone started investing in Bitcoin cash. Now bitcoin cash slip down & bitcoin started rising up. This is just attraction so that people will invest in bitcoin more.
Well, While the volatility of Bitcoin is certainly less than it was before, the currency is still likely to be dramatically go high in both directions - as well as always to invest on. Anyway, one maybe be watchful before investing.
Trevon you are the man Bro!!! I'm working to get like you!! Fr Fr!!
i have subscribed on ur channel , and i am waiting the BTC :D
Well the correction happened today at 09:00 AM Mexico City time falling to 3800 USD but it bounced back again to the 4100 level in a matter of 3 hours!, phew! thing are moving really fast this days!
Told you @trevonjb bitcoin will go up
i sir i subscribe you on youtube
i learn lot of thing from your video thanx sir
Bitcoin is too expensive to buy now. I Invest in Ripple instead.
Nice article. I was about to start a similair discussion. The cryptospace definitely feels a bit inflated. However we also said that about the S&P 500 40 years ago Besides coinmarketcap.com there is: https://www.coincheckup.com This site did all the research for you. It's truly amazing. Go to: https://www.coincheckup.com/coins/Bitcoin#analysis For a complete Bitcoin Investment and research analysis.