Post
Topic
Board Speculation
Re: bitcoin in 10K by the end of 2019
by
8Habits
on 20/08/2018, 23:21:41 UTC
You do not have to be pessimistic or be afraid with this fall that bitcoin suffers, I read that by 2019 the price of bitcoin will reach 10K for this reason you have to be patient and not panic.

Well, It's true that one should not be pessimistic about the drops, however, not all think alike. I think it's quite good if you could share the information or the evidence that show that it will reach a certain mark by 2019. It's not that I'm questioning it, it's much more of being curious about how'd you land with that. It could also be a benefit to others I think
It is not about being optimistic or pessimistic but about what you see, some people cannot take any kind of bad news and they just call it FUD, but to deny that the price of bitcoin has suffered a setback will be to close our eyes to the truth and while it is incorrect to use the past to try to predict the future if the history repeats itself and this is similar to what happened in 2013 then it is going to take years for bitcoin to recover.

We will have lots of FUD in 2019. And that will cause slow recovery. 2018 will as it was expected bring loss for Bitcoin holders same as was in 2014. So at start of 2015 there will be a lot of articles pointing that.  And although at least by my prediction bottom will be reach before then, all that FUD will cause slow recovery.

I could not agree more. The FUD in the market spread like wildfire and each holder of each coin are afraid and selling even at a big loss. Maybe we can recover when there will come a big investor that will invest to bitcoin again and there will be news breakthrough of these FUDs..