Quote from: bbc.reporter on October 07, 2018, 12:29:48 AM

Quote from: buwaytress on October 06, 2018, 11:18:59 AM

I doubt this is a good example. These guys are not bagholders. They're speculators, just from the frequency they run off their mouths and spew predictions depending on the ebb and flow of the tide of sentiment. Also, permabulls can still make low guesses anyway, they're perma, not short-termers.

But hell, 9k not possible in the entire three months left we have of the year? What a timid estimate, anyone of us here could have pulled that out of our asses. Might as well have gone daring and say we won't be testing 8k.

Either way, happy to gain more when everyone else wants to sell!

I did not say they are bagholders. I said not admitting to a mistake when everyone have already seen that it was a mistake is a good example of the mentality of a bagholder.

Also, ok maybe it is not about the bagholder's mentality, but the negative emotions from bagholding that are having an effect on the bagholder's mentality hehehe.

It depends on demand. If the demand for bitcoin rises the price will also rise. The current situation of the market is dump and not allowing the price to go up. Speculators just give their opinions about the coming price, but I totally agree that if more and more people invest in bitcoin, the price will go up and we will see hitting $9000 price till the end of this year.