Bitcoin Forum

Great news, btc broke through $6k twice within the last hour.

Very volatile still but trend continues down.

I fail to understand why you would consider it great news, please elaborate.

Am still very much confused about to your post

Do you really think that those are "good news"? LMAO..

Well, i am still expecting to see this downtrend continue until it touches $3,000 max.. but it is okay at this moment.. i do not want to be a greedy guy.

Anyway, let's wait to see what happens next.

In my opinion, BTC prices continue to fall below $ 7000 and they will turn up again. They will not drop below $ 6,000. At this price the whale bites the BTC and prices will rise again. BTC has a lot of information around the world, any information that affects their price. They are quite sensitive to news, only a small amount of information can be reduced at any time.

If you sold all yours at the top you'd be saying the same. Still not too late to sell. I've been saying for ages its going to $2k.

Here's some news. It might go a lot lower. Will update my thinking later.

Probably this is good news to those people waiting to buy bitcoins, but aside from that, I fail also to see the point of OP in this thread to say it is great news. Also, it did not break $6k barrier but only the $7k one as it did not dip below $6k. This thread is just pretty much confusing and makes no sense at all.

or shorted.
or fedup with people trying to pimp btc as being the best thing since tullips
etc etc.

Probably not going to win friends on here but this is what 99% of the population think, not the bubble (or bots) of this forum!

It is a great news for them who are waiting to the bottom and that's the indication that they should buy.
Bitcoin volatility is making everyone prepared to see the new ATH's and as well as the lowest dip that it can make.
For us who are just holding it out, this is not a great news after all.

That's indeed true and also, a bit scary for people who invested at price of 18k usd and those who are holding. They might be thinking of selling already to  somewhat cut their losses at some point. But surely, there will be people who will see this situation as a huge opportunity to invest given that the market value is low, hoping that the price will soon recover.

BS! Where did you see it dip below $6k as claimed?

I don't think it's good nor bad news. For others...ehhh. If you bought at the top, I feel for ya. Price is at a good entry point now. I don't know if it will go below $5500, if it does, I'll be buying more.

seems markets broke passed the mining cost resistance point and now testing the early adopter recent adopter resistance points.
miners started levelling off their costs to the ~$8k cost on the 2nd of march..
https://blockchain.info/charts/hash-rate?timespan=1year

as for traders.. well now they are just really reying to push to find the absolute low resistance point of a bear, before flipping to a bull again

First of all BTC hasn't brake the 6K barrier yet...it's still above 7K...second i don't understand why this should be great? I mean the market is losing so much value..everything is falling and there is nothing to be happy about especially for short term investors...maybe you are happy because you don't hold so many BTCs or Alts and you wish to buy some at a very cheap price..well if that is going to happen i will definitely buy more Bitcoins  ;D

Bitcoin violates the barrier by 6,000 dollars, market capitalization now exceeds $ 100 billion



Today bitfinex, the highest volume of BTC / USD exchange, broke the barrier for 6000 dollars today and all other large exchanges joined it. During printing, the price of Bitcoin reached $ 6,041 according to Coinmarketcap.com, resulting in its market capitalization for the first time exceeded $ 100 billion.

WHAT IS NEWS BELIEVED WITH THIS?

The last surge comes after the consolidation week above the $ 5,000 mark, despite the comments of such skeptics as Jamie Dimon and the president of the central bank of Brazil. Last month, China banned ICO and Burmese stock exchanges, South Korea banned ICOs, the US SEC intensified control over ICOs, and Chase Bank CEO could not close his mouth.
None of this matters.
For years Bitkoyn was called the "honey badger of money" and "anti-friggin." Bitcoin does not care, perhaps the most applicable now. Bitkoynu simply does not care what China does, or what the bank's leaders say, or what central bankers think. The only thing Bitkoyn cares about, apparently, is growing in price and adoption.

I CAN NOT KEEP

Many have suggested that institutional money breaks into bitcoins, and they are likely to be true. LedgerX was recently approved by the Commodity Futures Trading Commission to create a regulated Bitcoin options market. Such a market would give institutions that are afraid that the actual digital currency will be able to expose itself to price movements. This month, LedgerX plans to make its debut in Bactoy options.
Bloomberg reports that industry executives are awaiting Bitcoin ETF approval in the future. They point to LedgerX, stating that with a regulated futures market approved by the CFTC, it's only a matter of time before the SEC comes on board and lets you create an ETF. Earlier this year, the SEC said that if the market for regulated options were developed, they could reconsider their position on the Bitkoyinsky ETF.
The approval of the ETF, or the exchange fund, is considered a holy grail for the institutional adoption of bitcoins. Such a fund would actually have enough bitcoins to be fully "supported", and it would be easy to use institutional and retail investors.

What happened to all the people that said they were going to buy if it went below $10k?
Did they?
Did they think that that was the bottom of the market like your calling $5500?
Are you really going to buy below $5.5K?

You think price will continue down and still you won't sell? You are a bagholder sir!

Fake news designed to shake more weak hands out of the market and to most likely profit by going short on the price. ::)

You reminded of my friends who bought when the price was still at $15,000 and now they seem to lose appetite to bitcoin because of the bearish market that we are experiencing. I'm encouraging them to take advantage even they bought at peak, they can still trade and buy with a new set of bitcoins when the price was quite low. This trend is unknown on how long it is here to stay.

@coinycoiny They should ban your ass for spreading blatantly false information.

The bitcoin holders are not happy about the bitcoin price going to $6k at all. But the good news is the bitcoin price started recovering fast as the bitcoin is currently selling around $7,450 at the pressing time.

There is no proof that it broke through $6k. It is complete BS.

Like I said, very volatile, but trend remains down.

its not totaly a great news $6k dollars is too high for those who can't afford to buy bitcoin in that price, i will be glad if its  go down to $2 or $3k dollars and i think thats great news for all the crypto users specialy to investors.

IMO, this is a bad news, not great news as you say. Bitcoin exchange rates down to $ 6,000 are a real worry when the Ethererum drops to $ 400. And if the market continues to fall this way, I think 2018 will be a bitter year for Bitcoin as well as the cryptocurrencies market :(((

Af this time the price is probably $7137 dollars and one thousands more dump it will decrease the price at $6000 I hope the price will increase again so we can make more profit. I hope the price will not dump so we can see the price again very high like 5 digit number price of the bitcoin.

Look at their comments. I am sorry to say, they are either bots, braindead or pretend to be dumb. This while continuing to entertain the lie that it dipped below $6000 in the context as claimed.

fyi, I meant it was in the $6ks not below $6k.

I think most people realised that. Lesson learnt.

But don't the hodlers get angry?

What are they going to be like when its $2k?

Yeah its above $7100 so let's see how the resistance is going to be. I'm still hoping that it is strong, however, with no positive news on the horizon, it might be broken easily.

But, let us look at the positive things here, it is very cheap to buy bitcoin once again. Everyone should really get in and try to a least purchase .5 - 1 BTC and just continue to hold on it up to the end of the year.

It's true that bitcoin shows still Trend down, but we need not worry, we can take advantage of this down trend by buying bitcoin and saving waiting for ride back, this way is very profitable.

I am not a big BTC holder, but if you have any experience in the crypto market, you should know by now how movements in the price of Bitcoin affects the rest of the market. In addition, I don't have time for lying sacks of shit that pretend to be stupid, while they know exactly what they're doing. And if you fall in the category of having little command of the English language, then you should rather keep your thoughts to yourself and stick to the local threads.

Can't wait to see you cry at $2k!. Do you throw insults at everyone who disagrees with your point of view? Anger management issues?

That would be a good news but still we are aiming to hit higher than $20k. Even with the volatility of Bitcoin investors still hope for the best for their investments and that is to gain more than what they invest.

Not surprisingly, you still don't get it (or pretend not to get it).

I wish I had sold my BTC at 8k yesterday so I can bought BTC under 7k rate. Trading BTC with ETH or other alts is a big no no, everything is bearish.

This is not the end of Bitcoin and I think the decline is just a moment and will not fade for a long time. the incidence of the decline in the price of Bitcoin is a normal thing, which must be considered is we do not follow the panic, because if we panic and then sell bitcoin that we have with a very instens then it could worsen the situation. So it's a good move to be patient and waiting. We want to get a much better Bitcoin price, so we should also help the development of Bitcoin by not worsening the current situation.

Support area has been passed by now. There is a possibility if the price will go to baseline, in the range of $ 6000.
If that happens, the fall in prices will deepen.

Exactly. I don't sweat these sort of price movements, I've held Bitcoin when it was at $200 and will continue to hold it. What trips my switch is the fact that he/she/it has the audacity to come on here and blatantly lie about price movements.

It looks that there is a lot of reason fabricated by those who want to discredit bitcoin and those greedy bastards that the only thing they care about is making big bucks at expenses of the market and less fortunate. There is a lot of naysayers hoping and predicting doom for bitcoin.

One day breaks the 6k barrier on another day of 8k ... nothing's safe with bitcoin. Back up down ... who does it mean ?!

Exactly. I am glad you're also seeing through their BS.

lol You should come pay me a visit and find out. Do you feel lucky punk? 8)

Definitely it would bounce back as it did earlier.It might be another move by big whales to manipulate bitcoin price.Great news for whom?May be for those who are waiting to buy cheaper bitcoins for a long time.If G20 summit had not been postponed to July,then the situation would had even been totally different with bitcoin price moving upward.

It will be great news for those whose been waiting to buy cheaper bitcoins but bad news to many holders who bought theirs for a higher price. Many are looking forward to a higher bitcoin price next month but it still depend on a possible factor that may come to reverse the negative trend. There also a possibility that bitcoin price may go lower like $5000 before bouncing back and the only thing to do this time is to hold your bitcoin until it appreciate again.

More like a move by liars to cheat people out of their Bitcoin for all the wrong reasons.

No need to post like this but if you think like that we have to accept that

In volatile price of btc there's a ways to earn even it drop or go high so that's good with it

Another thing this is cycle so better to study it to earn

Where did you see 6k$? I see that BTC was 7k$ and now it is one of the barriers for further BTC dump. Do not panic, guys :)
Less posts with panic words - more stable BTC price.

Just like is true all over the earth there are many lies and conspiracies. The people who want to be against bitcoin come to play psychological games with the thoughts of other people.Maybe they are jealous haters?
 But facts are bitcoin just now passed below 7000, it is 6770 and that is not as low as it fell at the end of January 2018 it was lower than that then
Actually we are making a double bottom that is good. read about why a double bottom is good, google is your friend

Great news for those who want to buy Bitcoin at a low price but very bad for those who are holding Bitcoin at a loss, this is I believe the third time Bitcoin drop to this level this year and continuous to slip, I believe there is a huge buy support in the 6 k level I hope it will not slip any further.

may be under 5k usd in april

no

I think it is a good news for those who wish to buy bitcoin while it's price is quite lower. It's an opportunity for us to invest. I hope the trend will go up as soon as possible.

You're in need of an urgent vacation, you'll do something else and leave this forum, let people dream, have hope, comment positive... you have a history of post where all your posts are destined to attack bitcoin and you defend bitcoin cash because you are a bitter and pessimistic person? If you do not like bitcoin, then what are you doing here in this forum?

see things that you post:


all your posts are similar to this one. That's why I think you need a vacation.

Does it really matter to people? The lower the price the more bitcoin you can buy for less USD fiat money. Its not a question of safety or security. Nobody will be able to "Hack" bitcoin. Its market price is going up and down based on how people trading on it and what FUD is being spread in the social media.


Whales pump the price and then dump when the target is reached. Plain and simple. Just make sure you give heart attacks to the people who are buying at high price and the prices will drop like anything. Again it is the whales who will pump it as well.

When you see bitcoin prices go down you should just buy if you can, but if you cannot buy, just be patient and wait it out, the price will go back up.

This is good opportunity to buy BTC while price is low.

soon the correction will end and the price will go up! now the price bitcoin checks everyone for strength and nerves! the most patient and confident in themselves will remain in this market! Spring always shows a good takeoff in price! can only wait for growth ....

Absolutely agree with the author, in the spring there is always a big decline. Soon all will return. Bitcoin is a well-known coin to fall to 2-3k.

I think that this is a misunderstanding. I think that @coinycoiny meant that it went down into the $6000-7000 span. Not that it went below $6000 into the $5000-6000 span. (Which it didn't.)

However, I don't think it's a misunderstanding to say that @coinycoiny intended his/her post to stir the pot. And not stirring the pot in a good way.

As we can see that bitcoin going down continuously it will break $6k or even less of that one..
Hope it will rise soon..

Many people buy BTC for under $7,000!

BTC will not continue to fall, $7,000 May be the lowest!

The price drop is over and April's market will go up!

Misunderstanding? Given his posts and history here, he knew exactly what he posted and are now just trying to play dumb. It is clear that he and many other scumbags with relatively new accounts are out spreading FUD at any cost. Their threads and posts are primarily designed to push prices lower on the back of BS and outright lies. We don't need such people in this space. They should be rooted out and outright banned.

At this point, it may not matter as much what the prices of BTC is at, the dip has taken its toll, its however good news for investors as they are able to buy more at less price, the market is about to recover and the valuation will shoot high

Yes bitcoin is very volatile but the good news is that it breaks the 7k in the present time and it moving to the good area and soon the price will again rise which will hit 15k soon and for a better future we must have to be patience and buy bitcoin at this low price then you may get the reward in the crypto and the people who fear about bitcoin they will be always in the fear and behind risk there is a return also.

I think it is just a matter of time until bitcoin's prices rises up again. Just wait for the recover and don't loose hope

If you compare Bitcoin charts with the charts of other cryptocurrencies, you will see that it is exactly BTC that had the smallest percentage of the price decrease. Just look at LISK or Bitcoin Cash.

that's bad news for me.I continue to closely monitor the bitcoin market

Once upon a time I celebrated when Bitcoin broke the $6k barrier.

Sadly, back then it was going in the opposite direction... :P

Is the drop in the price of bitcoin good news? I don't think so, people lost a lot of money here, I don't see the currency of the price dropped to $6000, is now the currency of the price is $6700, you are wrong the price of the bitcoin

Wow it seems that I am the luckiest newbie to have join the ecosystem in this deep time ;)

You're in DOWNTREND time !

Bitcoin experience downtrend at the moment and now, it's going deep until almost the core.
But in other side, you have chance to purchase bitcoin with cheap meanwhile, I keep holding and wait until bitcoin bounce once again !

big support at 6k, i think it will not break 6k anymore, many good news coming.
So, i think recovery will happen soon

Well this period of the year does not have the good price for bitcoin. Yes it is truly volatile and we cannot do anything with that but just to wait on what will happen in the next series of time. We need to just make sure of our actions before having a good decision because some of us might invest so that in the future, we can gain profit but it might be the other way where the price will go down.

yes, going lower and lower, still will going down to touch the bottom

This has been a bad spell for bitcoin and other cryptocurrencies but am just hoping that we have something to excite us once again

to be back with those million dollar predictions!

But you know what come rain come sunshine cryptos will soon have a full price recovery and i just hope $6k will be the lowest we see.

We are already in April and the price drop is continuing. This maybe good for bitcoin ecosystem in general, many people are selling their bitcoins and their mining computers, once these people who do not understand a thing about bitcoin in general and only have made their computers to make the quick buck are out, then we will see the recovery of bitcoin price and trust me it will be a long one which will offer us upsides never seen before. Stay patient is the most beautiful advice I can give now.

i hope that this bad dreams ends soon, i think it will good if the price is reach 6000$ and going back in the high again, but what happen if the price still going down and going down again? i think it will be worst. i hope that after the price reached the lower then will bouncing again. btw its a good time to trader to buy bitcoin if you believe that the price of bicoin will bouncing

You better not bro. Because if bitcoin does fall that far then it will cross the death line and thus naturally it will take more than 4-5 months to recover its prices and to hit the double price. Which would be still less that is 6K after wards. I think that will be disastrous to see it in the first place.

Your greed to buy it at 3K can also end the bitcoin as people might just get more weak and weak over the time and may leave the crypto due to their heavy losses. See weak handed people will never think the way you are thinking so we have to consider both the sides of it. Whatever we have currently is far down than expected and we do not need to see more fall backs. We have to be forward thinking now and must look into the matter on how we can recover the bitcoin.

i guess you are an investor and BTC price dip means you can byu more bitcoin in cheap, right?

Oh well, What can I say, I guess it is just another bad day at the job.
We all have to stay optimistic about bitcoins and not let the downtrend affect us. This is the time when all the real holders will be tested on how much they support bitcoins. It is time that do our own share of fighting for bitcoins. That is if we really want bitcoins to stay alive. We all have to hold and contribute to the big comeback of bitcoins. Let us stick to our decisions and not chicken out like the weak handed people out there and instead stay strong and help bitcoin become better again.

ouch, the bearish market continues.  The price will fluctuate a bit more until it stabilized.  However, in the mean time, watch more more news.  I guess the next big one will be more big corporation, like Google, starts to put more restriction on the usage of bitcoin.

Good news for who will invest in bitcoin that the market value is falling, rumor going to happen who buys at high marks. This news is not good including only a few who say good news, it is 6K bitcoin value now but this is just a correction we just wait for the market value will rise and recover the time for more shopping yeah.

I don't see this as a bad dream since if you will be comparing it to last year's price at the same month, it is the better.

Dumping is not good for investors, most of them but for new investors and some people that is planning to buy another digits of Bitcoin, it is the best time to do it since the price is low and if it pumps, it will be a good profit. The risk is worth it if that happens.

I don't know may He/she considers it as a new opportunity to get more and more funds or its just a scepticism,It does not matter...
Yes this is true bitcoin breaks 6k barrier and than what? Is it so bad? If you don't trust in it, It would be better to not invest ,In another situation you will not have patience and hope to get something...anyway we know that there are many artificially created problems and speculative behaviours from investors and I don't care about it,I am Sure price will be much more...

it seems you are still wrong because I see no trading science by looking at the graph you can determine where the bitcoin price and what I can get is when double bottom like this then it is definitely the price will rise.

Crossfingers, bitcoin will bounce back possibly soon.  Bitcoin is down more than 70% from its ath. And were still struggling for almost 4 months seeing this bear market. My eyes are very excited to see green colors again in the chart.

dont worry its just a small correction.. if you bought last year same day, youll still have profit.. just relax and enjoy your holidays guys

Market fluctuates a lot in the month of February and March and this happens every year.Its a cycle or any trend coming to an end , we need to wait for market reversal .My experience says uptrend is in the vicinity and we have to wait patiently and keep buying at various levels.in the long term we all will benefit and we all will be happy.Just keep buying at various support levels and wait.

I think 6k is the bottom of this discharge process and I think the discharge process and FUDs issues will end in April followed by the recovery and development cycle. There will be big surprises this year. Continue to hold the bitcoin and expand the ETH into portfolio right now. When the market returns, you get a multitude of profits.

It is still not a great news, it is only $6000, if it rise back to $19000, then that is a great news, but I salute you, you have a good observation with Bitcoin's current price.

Well I suppose that it surely is a great news unlike what everybody says since in the eyes of a bitcoin lover/enthusiast, everything happening to bitcoins is a good news. When the market price of bitcoins is down, then they see it as a great opportunity to accumulate more and if the price is up, then they consider it as a great chance to get some more profits in selling or day trading and expending their portfolios. That is how I understand op.

Don't forget that $5500-$6000 is the current cutoff for mining profit. The big miners have big pockets and connections to attempt to keep the price up, so that $5500-$6000 range could be the bottom against TA. Unless they want to buy in cheap on the $3000 range as the lowest bottom before FOMO starts kicking in.

This is Bitcoin guys, it's ridiculous that you think TA will apply like clockwork. It just takes whales to meet up and they can change the trend, and these have a massive incentive to hold that floor - and deep enough pockets to do so.

In the past few hours, the price of bitcoin has changed a lot, and the whole encryption market has crashed. I don't know what caused bitcoin to collapse. In the past half an hour, the price of bitcoin has recovered so much that I'm confused that I haven't gotten any bad news about bitcoin.

are you happy with this accident? do you think BTC will reach $ 5000? and when BTC will rising and high again.

it seems you can to answer my question. thank you

I think that after Mtgox released a large amount of bitcoin, it created a psychological impact on users and investors. The downturn is understandable. Of course, I agree that this process will soon be over. But the losses are always haunting and are always in my thoughts about the worst things that can happen.
I am working hard and patient to stay mentally. Waiting for a recovery in the market is a difficult one.

maybe you mean good news is bitcoin does not touch the price of $ 3000 this week. but when compared with the previous week the week was the lowest

It is April 1st and Bitcoin just smashed through the $10,000 mark. Ain't we lucky! ;)

Start the new month news will be great i think btc will be grow up again and we wont see the 6k $ trend again and i hope the road just start to the moon ..

I think this is possible. The whales might not want to see price dip further. They might dry up the market, causing artificial scarcity to pull the price up again. I expect the price to have a turn upwards this new month.

good news why? bitcoin prices tend to fall this weekend. that means bad news for everyone who has it. do you think is good because it will not break below 6000 $? I think that's what you mean

Why did this thread get a merit point? Very suspicious. I do not see any interesting topic. But anyway, I believe that bitcoin will continue to decrease. The good news is yet to come. We better be optimistic and support its ups and downs. I hope people should stop posting these kind of threads. We already know the current price of bitcoin and why it is dropping.

Its better not to be happy now only because if it falls much down you cant even cintroll your happiness LOL

I am expecting still downtrend and you are happy with this much only? Very unambitious guy you are -_-

I think your place isn't here, its in the mad hospital LOL

Bitcoin crashed hard recently and stayed that way for quite a while which was not a very good price but now the price has started to recover which means it is out of the $6k range but now it seems to be staying at the $8k range so we'll see what happens.

Now, when such an important psychological milestone is taken, the question arises: what next? Will the breakthrough of the $ 10,000 mark increase the number of investors in crypto-currencies, or will this event provoke large-scale profit-taking among long-term holders of tokens and miners?

And the problem here is that in such situations the human brain is often characterized by unpredictable reactions. Decisions that the ultimate "level of fear" has already been reached are taken very subjectively, as well as the boundaries of "greed" are also set individually. Therefore, one can only hope that each trader has some proven ways to analyze and assess the current mood of the trading community with respect to bitcoin.

At the same time, it is very important not to lose sight of the fact that we are not interested in the opinions of those who simply know about bitcoin, but those who really own them. So, for example, how will the exchanges, CFD brokers and purse providers behave?

Yes, recently we hear a lot of forecasts, according to which the bitcoin rate will rise to $ 40,000 (Mike Novograts) or even up to $ 80,000 (Peter Schiff). However, who actually holds the bulk of the bitcoins? Unfortunately, we do not know the answer to this question. And this is the reason for increased caution.

It will be hard to see bitcoin going down 6k but looking at the present market it's highly doubtful that it will go below the 6k anytime soon.
All you gotta do is HODL!  :)

This is good news for those who are eager to buy Bitcoin. But I'm troubled by the OP points.
It's a happy news for threads. In my opinion it does not break the $ 6k barrier, but it can be assumed that it will not be as deep as $ 7k at the bottom of $ 6k. This thread is not just quite full of trouble and knowledge.

Please do not use this thread or bump it unnecessarily, when the time again you see the bitcoin at the 6k USD value. That time you may wait to find the other thread or make this one live for others.
I advice op to lock this thread. There is no need of use of dead thread to make it live.
Others please do drag this thread more mate.