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!
Depending on the respective thoughts, in this decline can be interpreted as positive or negative. If we look at bitcoin in the long run then we will see this as a positive thing, we can get bitcoin cheaply and we wait for bitcoin back up and we will benefit. The fact is that to date no one is interested in cheap Bitcoin, because it does not attract and does not inspire Bitcoin's trust for a large number of potential investors. But nevertheless, it is the increase in demand for Bitcoin that can save the situation and restore the market. The thing is, even if btc had worse price dives in the past, it doesn't have the same attemtion towards in like now. Everyone watched how bitcoin soared in value last december and how it slowly went back to the price it once had before that run. They only see here that people lost a lot of money due to bitcoin's instability. |
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Lol.bullish? Last april btc jumped 1k usd in a matter of an hour yet that by far isn't a bullish indication. We even went to an all time low for 2018 after that. And i think we're back to 6.5k so not bullish at all
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Its a matter of choice though, the market seems unpredictable right now, any decision you make is however respected. all investment has risk which may not be determined at any point in time.
This is very irrelevant because the long term investment is not for panic selling and not to consider as short term because there are currencies which are favorable for long term and Bitcoin is the part of long term investment. If you are investing in Bitcoin in a low market then you must be waiting for long term and could get the profit but you did a mistake and sold out. Not all users want to hold bitcoin for the long term dude. bitcoin has millions of users with different goals. maybe some users use it for short-term investments. and when the price of the pump may be they will sell all their bitcoin. the reason will vary each user Right. And it's their money so it's their call. People have the right to decide what to do with their investmentd and if dude here sees it fit to sell at this point, they you can't ask questions. It's his money |
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Lol. Half a year in the bear market is for me, quite prolonged already. People still need to buy bitcoins to push the price up and at the moment, i don't see a lot of peoole eager to get in yet.
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maybe it is time for bitcoin to recovering the price because the price now is at $6626 and still increase although slowly. I hope that the price can reach $7000 this week so we can make a nice profit this week. and in the next week, the price can increase higher. I still wait for the price to reach higher and then I can sell my bitcoin.
I am agree with you, We all know that this past few months bitcoin is reallt low and its really time to recover for downfall. I also waiting to the bicoin get higher again. I am hoping that starting today bitcoin will continously high so we can get a good profit again. yeah, we have the experience to see bitcoin price really low and now our time to see the price increase back. I see that we have a big chance to make a big profit this time because bitcoin price is starting to rise again after a long time in a sleep mode. I have the same hope as you and I want to make a good profit like everybody here. Lol. It grew by 1k usd in a few hours last april but then started to plunge again to hit the new all time low this month. I'm not againsy being positive on a run but just don't expect anything because as they say, what can go wrong will go wrong |
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No one knows when the next bull market will come, but when it starts, it is usually accompanied by continuous rapid price increases.
Exactly no one knows when it will start the bull run. I think there is a big changes this year ends that btc price will at least has it's good moves of growth that we could have a profit. Even other people had a losing hope on btc but mostly still had a patient that price will rise. Absolutely right mate. That thing is clearly unpredictable since we dont know what will happen next in cryptomarket. But were just hoping that big movement of prices will show in the market soon as demand is getting higher. If another bullrun will come, all coin holders will be benefited soon. We'll just wait and see. Well it can't all be for the bears right? At some point this year, probably by the fourth quarter we should have a bull movement. Though up to which point, is still unknown lol. But most of the time is goes close to holiday season. |
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In my opinion I am beginning to believe that all the funds that were suppose to get into bitcoins for it get to a higher price are diverted to purchase ICOs tokens and this might be the cause of bitcoin fall. If I have bitcoins, and I spot an ICO that has a potential to be the next great coin, I will probably sell my bitcoins for it, and this I think is part of the cause of bitcoin fall. What do you think ?
indeed some people choose to buy tokens at ICO which he thinks can make a profit, but I think bitcoin is down because the hackers and crypto market are taken over by irresponsible people, that's what causes bitcoin down. And I do not think like you. The only reason that bitcoin prices have dropped recently is that of whales. Because the whales can control the bitcoin price. They are reducing bitcoin prices and they will buy more bitcoins at a lower price ICOs are not the main cause of bitcoin price fall through they contribute partially to it. I think the main reason why cryptocurrency price keep depreciating is that many news countries are accepting cryptocurrency and trying to come in fully by bringing the price down so they can get it cheep and before booming it again. The news does not contribute so much to the decline of the bitcoin price anymore. There are negative news appearing almost every day and its not so new to hear such news. Unless the news would be about something big such as a ban or something, then it may have nothing do with it. Were at a bear trend at the moment so its not so surprising for bitcoin price to go down. We have experienced a corrrection from the ATH we had last 2017 and the price may still go down any time this year. Right. I don't think it's media or something or the scammy icos that're being reported. At this point and at this movement, some big guys are probably playing with the market to their advantage. |
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The market is quite stable with a bitcoin price of about $ 6400, after dropping to the lowest level of about $ 5900 last week but soon back to strength. This suggests that $ 6000 is still a strong support level for bitcoin. Some documents show that holders of more copper bitcoins are continuing to buy more, not sold on the market. Should we buy more bitcoins at this time?
Yes for me this is a right time to buy some Bitcoin, since the price right now is not so very high, a wise trader should grab this opportunity. If i only had enough money to buy, i will surely buy Bitcoin but sadly i don't have  . Well we bounced quite well this time above 6.5k and hopefully it's more good news onwards. We're still haveway through the year and who knows if btc would again take a dive before making a run. |
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Last year, 2017, the price of bitcoin exceeded 20k USD in the market in the month of December. It showed as how can bitcoin can reach on its extremes and how the demand can affect it. Some people said that bitcoin this year can reach upto 30k USD! The demand for bitcoin is increasing when this last months comes. What are your thoughts this year on the prices when the Holiday season comes?
Well if last year has been a lesson for many, then don't expect 2018 to have the same bull run as 2017. People won't easily fall for fomo now knowing that the backlash could be draining if they don't get out in time. |
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I also hope that before the end of 2018 the price of will continue to increase. I think this is a good indication and its going to be continuously will rise. Even the prediction of bitcoin is really hard, but don't worry and stay positive and have faith and keep holding your coins.
Nah don't count on it. It's just a couple of hundred rise and it doesn't really indicate anything. Remember last april when btc rose 1k is just under an hour? People though then that it's thr start of something. It did start another decline to 6k though. |
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I think the whole of 2018 will be under the influence of the bear season. There may be a recovery after summer vacation. I hope 2019 will be a much different year.
It's something that we should't foreseen back in 2017 since a bull run that massive would snap the value back quite hard as well. 2019 perhaps would be determined by how well we end up this year |
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bitcoin in 2018 has a price that goes down and even becomes very low when compared to the end of 2017 but as we know that bitcoin prices will continue to rise and fall so I'm sure that bitcoin will definitely rise again and have a high price again
Well the percentage of the drop of this year's correction is dramatic and i don't think many people expected it to go this low. I'm not too optimistic about the end price for this year though it should be a decent rise from current value. |
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On the other, this might be the nail in the coffin for Bitcoin as a currency. If everyone's investing through ETFs, no one will be trading actual Bitcoins.
the keyword is "everyone" which is never going to happen. in fact majority of people want to hold what they buy (by hold i mean have in their possession not hodl and never sell) which means they will always buy bitcoin directly and move it to their wallets to have 100% full control. using ETFs you would be using a third party and that's not bitcoin anymore. Yeah that's right. I don't think a lot of people are trading btc to usd directly since most trade alts to btc so i don't think that'll be much of an issue for majority of traders. It probably will make btc's value a little less volatile. |
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You should not be worried about these false news circulating around just to put fear in people to prevent them from investing. Bitcoin is still in session and in advancing in its transaction. people are now understanding it better day by day. The false news will always come to discourage many people but lets also try and refute that news circulating.
There's bit of a problem there since you're right, people are understanding bitcoin more right and that makes them more cautious and wary if they're going to put money in it. People are witness to how a 19k valued investment plunged to more than 70% down. It depends now on how a person feels he can cope with that kind of volatility |
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It isn't that hard to figure that out even if you don't have actual evidence. Logically, if you have enough coins to manipulate the market to your advatage, why won't you? And i think there have been several instances where a single transaction from the same wallet address bought or sold enough coins to move the market.
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Someone is just mad that he/she can't buy any bitcoin.
Maybe at the present, that kid bought bitcoin already because the price is low. Anyway, I don't agree that people are foolish if they invest in bitcoin. Yeah it's just that bitcoin isn't in a really good state right now but you wouldn't be saying that last december when btc was pumping like hell. A lot of "foolish" People got rich then. |
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I think quite a lot is selling it now, maybe those who bought it at a lower price than now, will sell it now for fear of bitcoin going down even lower, but for those who buy when bitcoin prices are high enough, will definitely hold it until the price goes up much higher, because selling it now will only get big losses.
But this is Bitcoin's lowest price this year. Buying Bitcoin at a lower level is probably unbelievable. The market is not up yet due to new money flowing into. Nah. Most weak hands have already sold their shares that's why there's not much of a steep sudden decline anymore. Perhaps some who are really in a hard situation sells their holdings every now and then. |
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The number of bitcoin is only 21 million, is that enough for the future?
given the vision of bitcoin to become world currency?
what do you think of this?
That is enough and after reaching the max supplies I'm sure bitcoin price will become more valuable and 21 million supply for sure will circulate to the market and I think that is enough for the future, So better to hold and buy more because having one bitcoin in the future can make us rich. Yeah i think people are misinterpreting here the supply of btc at 21m. It's not a bad thing since it would likely stabilize a lot more and the 21 millionth btc isn't expected to be mined way into the future probably exceeding a decade. |
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As a new investment instrument, bitcoin shocking many peoples in the world. In short period, bitcoin price rising and reach $19k in just 8 years and i am believe bitcoin can reach as predicted by many analys and reach $60k end this year
I agree with your statement. because the good news about crypto began to spread to the world .. indirectly many large investors want to invest money into digital assets. and the price of altcoin will fly Well many people aren't seeing the rise to 19k but the quick decline from that point to now. A lot lost money in between that and those who lost money are making a lot more noise to make investors wary. Hopefully all your positive predictions for this year comes true. |
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 Source: https://xkcd.com/538/People would still get robbed for their Bitcoins, People would just be threatened to either give up their private keys or to send money to the criminals. Traders who did in-person trades via Localbitcoins have already been robbed. Criminals will definitely find a way around getting to your coins. This can happen but those robbers are much more exposed when stealing crypto than fiat. Every transaction that are done virtually will still leave a small track that can lead to them and getting arrested. It is address to address so the cybercrime division just need to examine those. Well this has happened before with people being forced to withdraw btc at gunpoint, some even were kidnapped. Eitherway, it would be easier for robbers to get money from fiat that crypto as the effort and risk would be more than double. |
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