Quote from: LeGaulois on July 12, 2018, 01:10:06 PM

Quote from: jrrsparkles on July 06, 2018, 10:14:04 AM

Quote from: Kandala on July 05, 2018, 08:50:52 PM

Do you really think that bitcoin will really reach 9k this year or more ?

Why not,it will reach $9K in even next few days too,so don't care too much about the prices now be a long term holder and support the bitcoin,if you just buys and sell the bitcoin in short term it will never reach any new heights.

Keep dreaming but it's going to happen. Because the price was going the past few days most people have been thinking that Bitcoin will recover and some were thinking it's going to a new ATH. Because the Bitcoin price increase by $500-$600 doesn't mean it's recovering. Today is the perfect example: it lost about $700 after being up to $6900 just 4 days ago. Bitcoin goes up and down, don't forget it's a volatile market

Previously, volatility was really determined by the demand and supply in the cryptocurrency market. Now it seems to me that volatility is entirely driven by whales. This means that to find a logical justification of the behavior of prices of bitcoins is impossible because they are not. This can discourage many users who believed that bitcoin is a guarantee of savings.