I already cashed my bitcoins out near the ATH so right now i'm fine with the way things are going... The more drop the better.
When the price drops to a level that is around $700, i'll be able to buy in cheap coins at the price level of last year, which is great. No matter how low it drops there is going to be people buying in at that level, including me.
Remember don't always follow the crowd.
The crowd is full of emotions and hype. When it rises everyone shouts "bitcoin is great" "long live bitcoin" and when it drops everyone says "bitcoin is dead".
That process has gone on for the entire 9 years bitcoin has been in existence.
Simply put buy if you want sell if you want too right? Its good for you that you have sold near the ATH. For now I too will wait for the levels that is around 700$ to rebuy again since it is high right now for me. I will just also hold the coins I have remaining trusting that bitcoin will go up again. I just hope that history won't repeat itself now because if it did, it will drop more until it drops to a very low price. |
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Price is below 1000 now and I think this is the best time to buy bitcoins as it may go higher tomorrow and it won't come back to same level again so we should grab this opportunity of buying coins at lower price and hold it till it goes higher.
I really agree with you that now is a very good time to buy but don't go all in yet it might go down a little more before rising up to 1200$ levels again. Looking forward here to see prices go up again in price. I really hope that it will rise to 1200$ again soon so that all who bought now would get easy profits. It would be good for bitcoin if it had rise in price again now. |
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The price of bitcoin fell back to $1,070! I think now is the best time to buy bitcoin. Though it may fell further to this $1,050. The people bank of china released the draft of guidelines to bitcoin exchangers and I think that is the reason price is reacting. May the God of bitcoin be with us.
This is unexpected news. Current price decline occurred in all bitcoin exchange. bitcoin prices experienced a greater decline in recent days, and has not been seen to be an increase again. need some great news to be able to increase the price of bitcoin back on the stock exchange. I agree with you although for me this is yet another ordinary day in crypto-currency world. I do hope that we see a price rise soon but for now if it drops to sub 1000$ im gonna stockpile a little and if it goes down to 500$ levels again that I think would be possible but has only little chance to be seen again, I will really gonna buy a lot. For now im watching the price movements. |
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It is kinda normal for price to drop for bitcoin since it is unpredictable at times. It might be probably caused by manipulation or whales dumping that caused weak hands to dump too resulting in lower price. It would be up soon though don't worry let's just wait a little while and we will see bitcoin again back to the price levels 1200$+ or more. If that happens though I think another drop will be seen.
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Has there been any reported case of death, or heart attacks, caused by bitcoin exchange rate?
Bitcoin is not for the faint hearted.  The 2013 drop is the most likely trigger for a heart attack. We are now in docile territory. I kinda agree with you since bitcoiners shall never faint even if the price is dropping like crazy. Of course we would take advantage of that to buy more and wait for another rise in price so that we can sell again then buy. Anyways a 50$ drop is like an ordinary scenario for bitcoin though so it will likely not cost a heart attack since seeing some kind of a drop like this is normal. |
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Bitcoin didn't drop under 1000$ even if ETF was rejected. It just showed how strong bitcoin really is today and how it's market is improving and having more potential buyers and sellers that will eventually help in making the reputation of the btc market good. I guess it might take long before we even see prices under 1000$ or not at all because of bitcoin's resistance but the possibility for now of it dropping was not that high but not that low so be wary of the price movements.
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We need just a little push to see $1300 so let us when it will reach there.
that's my reason why I'm not sell bitcoin, I continue to be patient and wait to get the best price. I think the price bitcoin can reach $5000 a year again, and I will continue to collect the bitcoin without selling it. The price you are speculating I think was too high to be reached this year or a year after this post have been made. I think even if 5000$ is really possible within a year this post has been posted, It would take a lot of good news happening in bitcoin for it to be driven to prices that are that high. I wouldn't say that it is impossible since there are many things that can happen within a year but the most common probability that will happen is that bitcoin would not reach 5000$ in a year right now. |
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Most wealthy people do not know about bitcoin. Even all the bitcoins are used in the capital flight, it is less than $20 billion.
Most wealthy people might not know about bitcoin or are not interested in investing in bitcoin as it might be hard for them to understand about how these things work,they will be having their own way to make maintain their assets like in the stock exchange and so on and if ETF was approved there might be a chance to see more investors pouring money in bitcoin. People already having billions of dollars in their pockets will prohibit them from thinking about bitcoin for a while but when they will wake up it will be too late  For the big companies i am pretty sure that they are aware but they are waiting. Someone needs to start so the others will follow one by one I agree with you. All bitcoin users I think just needs to stop thinking about China inspection becausw it got nothing to do with us. I know that it might affect the price but I doubt if they would still make huge impact on market right now specially that they dump the coins they got because of inspections. Soon though China would not have any influence in price. |
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yes mid summer would be possible if interest will gather more investors attention, nothing is sure yet but if we believe bitcoin really can
achieve the price, we just needed to keep attract people awareness and let them invest too to earn coming from the system like this
that they can place their investment.
I agree with you. I think bitcoin would reach that price ranges if something would drive its price now or later this summer upwards. If nothing will drive it up, I think it would be longer before we see 1500$. For now lets wait and see and be wary of the news so that you can buy in time so that profit will comd to you. There's always the possibility of dump too. |
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yes im expecting that bitcoin price will crash suddenly because its on highest peak for today. theres a bigwhales to watch out theyre the reason out why bitcoin price is suddenly raising so fast and they also the reason why bitcoin price suddenly dropping because big whales have the most important part in bitcoin price chart.
If the price were to crash it would have crashed after the ETF was rejected and there was a momentary price drop but there was a good resistance and people were buying large amount of coins with every dip and so is the reason the price recovered and i do not think there will be a crash anytime as people will find another solace to keep the price pushing. at this point bitcoin price will only "crash" if bitcoin becomes useless, for example if internet goes out or if there were a weakness in the encryption bitcoin uses. all the other things you see that people call "crash" are just corrections and sometimes such as the recent drop are dumps to create panic and get cheap coins. in the end price is always rising... I kinda agree with you but let us hope that you are right. having internet going out is really possible right now that the probability of world war 3 is there and having a weakness in the encryption bitcoin uses is really possible since all codes I think have weaknesses of their own, even the well coded ones. Let's just hope that those things wouldn't happen soon or later in the coming years so that we can make more profit out of bitcoin. |
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Right now the price is on its way to 1300$ and I really am expecting a correction to happen soon since many holders might want to take profit again or some of those who bought at dip will sell those that they got to rebuy cheaper. The opposite might happen though but the chance of correction at these levels are very high since I think this price can be considered big for the history of bitcoin's price.
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Bitcoin I think is not yet ready to increase 25$ each day this year since it really is a very volatile coin that has ups and down. At the end of this year, I dont think that the price of bitcoin wouldnt sum up with the sum of adding 25$ each day this year. Maybe it might be higher than that or lower but I think it wouldn't reach the price you are expecting it to be OP.
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Even if solid x ETF will be approved or not I doubt if it will really be significant to bitcoin's price since the last ETF that happened proved that it is not significant in price if ETF is rejected there might be a dump but it will not be that big. I won't hope that Solid X ETF will be approved though there is the high chance of it being rejected too but I want to see what will happen if it is approved.
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Its kinda good that bitcoin is really holding its prices to 1100$+ after the ETF has been rejected by SEC. I think it is to early to say that it won't go down lower than that so let's see what really will happen in the next few weeks or days. When price ranges is still 1100$+, I think it really hold it in that price ranges and it really matured unlike 2013. At first I thought history would repeat itself but let's see, we can't jump to conclusions yet.
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2000$ price I think is too big to be reached now in march specially now that ETF has been expressedly denied by SEC. We might be in a rising movement again but bitcoin going to moon like that won't be easy. If there should be addrresses that will be blacklisted, I wish at least the bitcoin they got on those addresses will be sold and continue to be part of market's supply.
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I am ready to bet with anyone who is against my opinion that bitcoin will be above $1,200 at the end of this year. ETF's decision is important but it won't create long-term impact IMO. I can see rapid growth in the user base and new investors if bitcoin falls below the price mark $800.
I agree with you. We might be able to see bitcoin again at 1200$ soon if things will take the right turn in my opinion, if Chinese don't dump their bitcoin once their exchanges are open we will see bitcoin again at price ranges 1100$-1200$ also there is the possibility that the price will fall to sub 1000$ but it will recover afterwards. So let's just wait what really will happen. |
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So when does everyone think we will breach, and hopefully stay over, the $1300 mark again?
I think it will be long before we ever see 1300$ mark again. It could be months from now or more depending on what will happen in the future. I think we might be able to see sub 1000$ price soon and see what will be the new floor for bitcoin's price depending on what will happen too in the next few days. Let's just wait and see what will happen we might not know maybe we might see 1300$ mark again soon. |
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Hello Fellas,
I would like to test community's opinion about 'SEC to make the final decision on Winklevoss Bitcoin ETF' and thus what do you think the price will be on 13th March 2017? (Approx 10 days later from today).
It would be great if you can post your opinion/stand to back your vote.
Best
Dudeperfect
I think that on march 13th which is 3 days from now the price would be 1200$-1300$. I wouldn't think that it would go up in price that fast since even if it is approved, corporations and the likes still has doubt with bitcoin so they will not buy that fast but only fraction per fraction. It might have good effect on bitcoin though since dumping it will be hard for normal people if corporations started to enter it. |
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so I got my first 40$ worth of bitcoin i noticed that the that the 40$ goes up and down. Im scared that it will go to 0$ is this possible?, Should i spend my bitcoin on a giftcard? any help please
There are way bigger chances of bitcoin hitting 1 million USD per coin than 0 USD per coin, because me and a lot of other people will be willing to buy all of your BTC if it goes below a certain price. It is all about the long term and bitcoin is the best asset on the planet right now, therefore me and everyone that knows this fact will keep buying at any given opportunity. Alright, what if instead of 0 USD per coin , we say something like 1 USD per coin. Money will eventually dry out if no new buyers come into the market There will always be new buyers that come into market since bitcoin is used not only as investment but as a way to pay someone for services and goods bought online. As long as there's someone who accepts bitcoin as payment method for example online games accepting bitcoin as payment for premium items bitcoin will be worth something and it will rise soon enough. There are many others who might buy bitcoin if it had gone down to 1$. |
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This is already a bull run that we are experiencing right now. Being up by 120% from last year is more than what I can wish for, and sometimes a retreat is also a welcome sight so we can start another cycle of run up towards new territories. If this consolidation that is happening right now is any indication of higher prices, then we might break $1,500 sooner than expected.
Well I really hope we break 1500$ sooner than expected now so in expectation to what will happen this weekend if ETF gets approved or not im holding all the bitcoin I have accumulated from trading and signature campaigns these past few weeks and im not gonna sell them yet to get more money. I hope we break 1500$ by that time but a little rise to 1300$+ would I think be lovely too. |
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