Can BTC technically survive under 6k?
This is close to a bottom where mining stops to be profitable, meaning that supply of BTC from miners would drop. How much supply comes from miners anyways? Is that meaningful in terms of price movement?
What if miners are not profitable? Does that make them stop and thus make BTC transactions less secure? Do they continue mining in hopes of future price raise?
What would be the psychological impact on traders if BTC goes under 6k? That is a huge resistance point and if it brakes how far can price drop? Last time it was more like a test to 5800 which recovered immediately.
Bitcoins can absolutely survive, i highly agree that bitcoins under $6k dollars is a decent amount in order to invest in the market because the coin will still grow even more in the future. |
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I see that the price of $BTC went from $6300 to $6600 very fast. I'm wondering why that happened and if that's a bullish sign.
Since we did not go under $5800, it feels like the bearish market is starting to run out. If we continue to hold at these levels, is the bullish market coming sooner and faster than expected?
Also, I wanted to ask how Bitcoin Future Contracts work and if there is a possible relationship with the price jump. From what I understand, people agree on Bitcoin future contracts by agreeing on a price and time to sell BTC for? Is that correct? Or could someone give a short explanation on how they work and how they can affect the price?
In my own opinion, it was not a bullish market but there are tons of whales who are waiting for the market price to drop so hard before investing a huge amount so keep on holding your coins today. |
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Hi, friend.
I want to know your about the bitcoin price reducations?
In your view, what do you see about significant reductions in bitcoin prices!?
What can you see from the positive or negative about it?
Thank you!
Its normal for the market prices today to fall since people right now is always moaning about the market prices that are falling and some are selling their coins to the lowest value due to panicking so dumping of prices will never stop. |
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Some reasons I believe bitcoin is likely to rise next time
Bitcoin is dropping sharply from $ 20,000 down to about $ 6,000 by the end of 2017, but that's a lot more than $ 2500 a year ago.
Laws gradually intervene in the market, may form the law for crypto, institutional investors can peace of mind to invest in the market
Mt Gox is allowed by law to compensate bitcoin victims for a percentage, without the need for cash compensation, which could end the sale of large amounts of bitcoin.
How do you believe bitcoin will increase from now until the end of the year?
There is no accurate prediction in the market, but keep on holding your coins today because we can still believe that the price of bitcoins soon grow even more due to the demand in the market. |
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The Reserve Bank of India has restricted controlled monetary establishments from managing in cryptocurrencies, refering to the dangers included. American very rich person Tim Draper trusts that India is committing a major error by closing its ways to cryptocurrencies. As tim Draper, this will just prompt cerebrum deplete the same number of will be compelled to move to different spots, which are more crypto-accommodating.
Japan, which is a noteworthy center point for crypto and Blockchain action is confronting deficiency of programming engineers. There are comparable necessities at different spots, where Blockchain experts are sought after. This has constrained the best MBA universities on the planet to build the nearness of virtual cash and Blockchain classes in their projects.
People today are currently selling their coins due to fud that is circulating in other countries but when the market starts to pump up or whales are going to hoard a huge amount of coins then the hype will ignite the market and people will focus on investing. |
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The cryptocurrency market looks all good today and i believe this news has brought good news to the entire crypto community but i just want to know is this the highly anticipated bull run of bitcoin that has been spreading all over this forum or this is just the tip of the iceberg.
The market today is not bullish but i believe that there are a lot of whales who are waiting for the market price to drop harder before investing and that is the reason why bitcoins recover so fast from 5k drop just the other day. |
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Bitcoin is the leading coin of the market. What you think about the future of bitcoin and others coin?
In my own opinion, yes it will be the lead cryptocurrency in the market forever because altcoins or alternative cryptocurrency are only created in order to compete with bitcoins. |
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Bitcoin is at the crossroad of SMA 200. Will it give in or not, that is the question?
Last month it hit that SMA 200 level and bounced. Will it repeat again?
no fud, no fomo, just a piece of information.
I believe that there are fud in other countries that is actually spreading and it makes the price of cryptocurrencies in the market to drop so keep on holding your coins today. |
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This year , upto now is not good for crypto investors. Value of the investment is far less than previous year. We saw last year BTC went pass 19k and now it is around 7-8k. Price of btc is fluctuating. Therefore alt price also not increasing. Every investors hope the recover of market soon. But it didn't happen yet. Some experts said that it will start on june. What do you think about this situation?
The market is always volatile so you should expect drastic changes in the prices, i highly suggest that invest on a coin which you think that will be really good for long term investment. |
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Bitcoin exceeded $ 10,000 in 2017. What's going to happen to Bitcoin in the coming year?
I believe that the market price will soon to rise up because there are a lot of countries that are already legalize in cryptocurrency so we can expect for the price of bitcoins to grow even more in the future because of demand. |
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Let's say you bought a bitcoin for $1000 in January 2018. <Just an example, not the real price at the time> So you have to beat inflation and also the performance of other investments to say that your Bitcoin investment was a better investment, than other alternative investments. Let's say your inflation is 5% and your best return on some other investment is %20 per year, then your Bitcoin price increase will have to be more than %25 to beat the alternative investment. Let's say you hoard for 5 years, then you would need a price increase of 125% to beat your alternative investment returns over 5 years. So we cannot have a price increase of 800% in year 1 and then a price decrease of %400 in year 2 and another price decrease of 200% in year 3 and so on... Hope you get at what I am saying. Hoarding might be harmful to your profits, if you do not cash out SOME profit on the ATH.  ..... You might end up with a bitcoin worth $100 in year 5.  people wants to earn a huge amount of profit and because of that, bitcoins should increase even more in the future in order for people to get ROI in their investments. |
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I had bought some bitcoins in late December when price was around $10K. I had put all of it to trade on some altcoins to get good returns. Now, I'm all in on Bitcoin Gold, I bought it at $110 which is down to around $26. Shall I wait for another bubble to build up or sell what I'm remaining with ?
You will hold or sell your coins depending on the situation and as of today, the best thing to do is hold your coins because the market price is keep on decreasing due to people who are panicking right now because they are not well knowledgeable. |
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2017 has being one of the phenomenal years for the people who had stayed invested till the last. It has given some of the unexpected rise during the last couple of months in 2017. Though the start of Jan 2018 was good the market kept moving up but during the later half the market started to sin and back to 10k levels at present.
How do you predict the 2018 year to be for bitcoin. Will it rise back like 2017 and if yes than what could lead to those rise and if no than what factors could be accounted for the downfall?
I usually based on the speculations in the market and most of cryptocurrency experts are saying that bitcoins can reach $50k dollars this year so keep on holding your coins right now. |
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Is there any ending or not?
As the time goes by, the market price is always recovering no matter how hard it drops today due to people who are investing in ico's and other cryptocurrency so i believe that bitcoins will have a bright future. |
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Do you think bitcoin is going to reach june rates soon ?
In my own opinion, bitcoins will slowly recover starting august because last year, the price started to rise up from $3k dollars when ber month starts and it reached $19k dollars before the year ends. |
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Dont panic at first. stay still .. wait for the right moment. try other stuff , then be back on the increasing market value of the your assets.. Market place is not so stable on some point, just have enough knowledge in your game. find a fast moving game plan so your coins, will not be stagnated.
Its normal for cryptocurrency to continuously reduce the market prices because people are selling their coins right now due to panicking. |
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I think bitcoin could well reach $2,000 - $3,000 if this $6,000 support get's broken. If you would sell now chances are high you could buy back and thus double your btc holding.
This is not financial advice, just a thought.
And this is not a good year for crypto I believe. Late 2019 we'll see some action.
I highly prefer that you should hold your coins today because the market price will still go back to normal after a few months just like what happened last year. |
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Now a days bitcoin price is dumping continuously.Based on recent bitcoin market price data how much bitcoin price growth we can expect in mid 2019??
My expected price in mid 2019 1 BTC=30000 USD
What's your opinion??
Since bitcoins price today is dumping so hard then we can expect for the price to grow above the normal price as well because bitcoins last year has managed to grow from $3k dollar to $19k dollar market value before the year ends. |
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What could be price of bitcoin in next month ?? $5k $7k $8k $10k $15k or $20k Predict please   I think that bitcoins price will just stay to $5k dollars because there are still fud out there that is spreading in other countries so we cannot hope for the price to increase again this late but maybe after august it will start to pump again. |
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Last few weeks I have been reading in the forum that Bitcoin is dead so is it really worthy to invest on Bitcoin
Bitcoins is announced as dead 999 times already but still it managed to grow even more because there are still more people who believe that cryptocurrency will have a bright future and they continue to invest whenever the market price is dropping. |
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