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Author Topic: IS BITCOIN GOING BACK DOWN?  (Read 5298 times)
rickadone
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June 11, 2017, 06:08:59 PM
 #101

No, it will probably not go down, even if it dips down a little, it will never reach $1500. $2000 could be your best hope. If you watch the charts closely, you will know that bitcoin is rising steadily, and gets small corrections along the way.

it could easily flash crash to 1500, that said since this is shake 100 + n  you have to wonder who exactly is left to be shaken out ... I mean how many time would anyone holding any siginificant amount of BTC have already sold out if they were going to .... there are I feel less and less of those people left standing.

Any one that held to sell form the 2013 high could have sold out by now at reasonable profit.
Yes I believe as on the 1st August we will see the fate of the bitcoins that what happens to it and if something discouraging was found by the users the price may fall to $1500.
I hope there will be nothing wrong on that day so that the journey of the bitcoin continuous to grow more but if something happened regardless then I am afraid that we will see a significant down fall in the price of the bitcoin.
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June 12, 2017, 12:04:39 AM
 #102

Going up instead mate, not something everyone were expecting I assume, I guess governments are really injecting cash in to crypto to accumulate

For any evil plans in the future if they failed to regulate and if another country wanted to own the most of the coins and all of this shows how legit

And powerful this tool of ours we call it cryptocurrency is. however I'm more afraid of Chinese, what if they suddenly start to dump? since price of

Not only Bitcoin but other coins is much higher in China now.
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June 12, 2017, 04:31:03 AM
 #103

Going up instead mate, not something everyone were expecting I assume, I guess governments are really injecting cash in to crypto to accumulate

For any evil plans in the future if they failed to regulate and if another country wanted to own the most of the coins and all of this shows how legit

And powerful this tool of ours we call it cryptocurrency is. however I'm more afraid of Chinese, what if they suddenly start to dump? since price of

Not only Bitcoin but other coins is much higher in China now.
China's users is the most influential the rise bitcoin whereas Chinese Government no response about the bitcoin and cyrptocurrency. I think the bitcoin will continue to skyrocket because of a user who continues to increase, especially South korea and Japan have already legalized.
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June 12, 2017, 07:39:48 AM
 #104

A major correction is coming, be it this month or next month but I am sure it will happen.
Hopefully it won't be as harsh as we have seen in the period 2014-2015. That seemed like a decade to me.
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June 12, 2017, 10:12:20 AM
 #105

Anything is possible in the world of bitcoin, but if ever the price goes down to that amount then we should all brace ourselves because if that's the case then for those who are holding bitcoins would be depressed I mean look at its price right now, it's almost $3k and if it goes down to half of its value. I think a lot would be panic selling I'm sure.
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June 12, 2017, 05:56:18 PM
 #106

Anything is possible in the world of bitcoin, but if ever the price goes down to that amount then we should all brace ourselves because if that's the case then for those who are holding bitcoins would be depressed I mean look at its price right now, it's almost $3k and if it goes down to half of its value. I think a lot would be panic selling I'm sure.

Currently bitcoin is dumping at $2300 and probably would go down more. Is this what they were saying, that bitcoins price would drop down and possibly reach at around $1500? Now I'm worried seeing the graphs and charts.

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June 12, 2017, 06:38:57 PM
 #107

Anything is possible in the world of bitcoin, but if ever the price goes down to that amount then we should all brace ourselves because if that's the case then for those who are holding bitcoins would be depressed I mean look at its price right now, it's almost $3k and if it goes down to half of its value. I think a lot would be panic selling I'm sure.

Currently bitcoin is dumping at $2300 and probably would go down more. Is this what they were saying, that bitcoins price would drop down and possibly reach at around $1500? Now I'm worried seeing the graphs and charts.

I really don't know what is going on, or why the price is suddenly going down. But I doubt it will go to as low as $1500. We have to wait till the dust settles down to really understand what causes this. But if you look at the bright side, now is the best time to buy bitcoin because the price is going down.

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June 12, 2017, 06:43:25 PM
 #108

now is the best time to buy bitcoin because the price is going down.

Ohh, make some screenshot, how You buy BTC now.

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June 12, 2017, 06:55:07 PM
 #109

now is the best time to buy bitcoin because the price is going down.

Ohh, make some screenshot, how You buy BTC now.

I'm also going to buy bitcoins now. I think this is a good time to buy. For the present the price is low. Do you think that this is not so? The price will still go down and you need to wait?

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June 12, 2017, 07:01:36 PM
 #110

I'm also going to buy bitcoins now.

And holding it until 1M?



Explain Your Strategy, please.
And please, put screenshot of what You are going to buy.

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June 12, 2017, 07:11:14 PM
 #111

A major correction is coming, be it this month or next month but I am sure it will happen.
Hopefully it won't be as harsh as we have seen in the period 2014-2015. That seemed like a decade to me.

It's already some sort of a correction. It all fits in how the market is trying to find a suitable range to settle in. Strictly speaking, there are traders with sub $2000, and even sub $1000 coins that are looking to cash out profits. In this case I don't think it will fall all the way to sub $2000 levels, but this correction is similar to how we have gone down from +$2700 to sub $1800 levels not that long ago.
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June 12, 2017, 07:14:45 PM
 #112

A major correction is coming, be it this month or next month but I am sure it will happen.
Hopefully it won't be as harsh as we have seen in the period 2014-2015. That seemed like a decade to me.

It's already some sort of a correction. It all fits in how the market is trying to find a suitable range to settle in. Strictly speaking, there are traders with sub $2000, and even sub $1000 coins that are looking to cash out profits. In this case I don't think it will fall all the way to sub $2000 levels, but this correction is similar to how we have gone down from +$2700 to sub $1800 levels not that long ago.

Even if it does fall all the way down to 2k, that would be a support level for me and a perfect opportunity to get in - I have yet to buy any but will be in a position to do so soon so this will be timely. If it does't and hold as you think it will, still a good time for a correction. I have to say no one can be unhappy with the way it's going now.

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June 12, 2017, 07:20:13 PM
 #113

Strictly speaking, there are traders with sub $2000, and even sub $1000 coins that are looking to cash out profits.

Tell better, that here is about speculants and no one of them need BTC to transfer funds.

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June 12, 2017, 07:38:01 PM
 #114

Money is just moving to eth and ltc maybe
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June 12, 2017, 07:44:58 PM
 #115

Sell them to koreans 3,175,000 (KRW) = $2806



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June 12, 2017, 08:24:47 PM
 #116

I think that this is mear a small correction and their is no bad news that the price can go down, this is just profit booking by the small traders and it is now bouncing back to its normal trades.
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