Quote from: basyang on September 04, 2018, 08:40:10 PM

Quote from: croptodic on December 22, 2017, 09:32:11 AM

A trader just made a million dollar bet that Bitcoin would be over $50k by the end of 2018 A large trader (or traders) just plopped down a million dollars betting that Bitcoin would hit $50k sometime in 2018.

Personally, I am hoping that, we are hoping for that to happened, even though its really hard to predict the price and it really hurts to hope then its not happened. Well, for me just go with the flow if the price is low then buy and buy more bitcoin and when the price is high sell some of your bitcoins. Bitcoin in the year 2018 is really goes up and down unexpectedly.

I like that despite the bad year that the market has had, people still maintain high expectations regarding the price of bitcoin at the end of the year. However, I think we should be realistic. The historical behavior of bitcoin does not seem to indicate that large bumps occur so frequently, so we should be more cautious and mentally prepared to face the possibility of a long period with movements in a fairly narrow range.