BTC Under 8K - What Say You?

[Almighty Pull]

Reading all the replies, I've changed my mind a few times about whether to buy or sell

jk

 

[yherrliche]

Just short.

 

[shanna_doll]

Whats the point of a currency if everyone buys in hope of being rich one day?

 

[MisterF]

Whats the point of a currency if everyone buys in hope of being rich one day?

This one is more likely to get manipulated by traders.
If you're a trader this could be a fun ride, but too many people will lose money again here trying to recover losses.

 

[Gogol]

Whats the point of a currency if everyone buys in hope of being rich one day?

Haha, good question. IMHO, cryptocurrency is more like stock than currency. The only weird thing is, that it is not backed by anything. No company, no work... no gold..no trust factor... Nothing... LOL. Still, people will keep playing with fire. Let them do that.

 

[davids355]

I’ll just go back in time and not buy any bitcoin 3 months ago

 

[oscilay]

bUy ThE dIp /s

 

[thejohnstone]

I think I have to inverst some money to bitcoins very soon it will rise again

 

[Tozzy]

Would buy but honestly I am short of spare money right now.

 

[3hlut]

Bitcoin last 1 1/2 years are coming.

October is a hot month because of big politcal issues but also because of stock reporting season which will confirm a recession.
So i expect BTC to be arround $16k end of october.
Currently there are two options for BTC
Higher probability is to start moving soon up before gold moves.
Second is should we see bitcoin go under $6800 which i personly doubt we will visit quickly $5k to move for new years highs

 

[MonteCarlos]

The big question is how it will move, if we have a major conflict in East Mediterranean Sea and the Persian Gulf. Will it explode because people will think it is safe, or it will collapse because it is something more than nothing, actually...we could live without it as well...

 

[IG Professor]

We are at 8300 now chief.. this badboy moving too fast :X

 

[evtonik]

Buy and hodl!))
I think below 7K will not fall. But it’s very possible to go up to 11K or 14K