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Author Topic: Low BTC price is good for Bitcoins at the moment.  (Read 29012 times)
scoin9
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September 04, 2018, 03:14:14 PM
 #461

Low price of BTC would make it easier for newbies to enter into the crypto space and also for large whales to purchase more cryptocurrency, but it doesn't mean things would stay like this forever infact very soon the price would increase because of the massive use cases and potential that BTC has.
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Ayencyet79
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September 04, 2018, 04:06:06 PM
 #462

Yeah I think small bitcoin price is good for everybody,  weak hands sell and strong hands are buying Wink Wink
jayawchaminda
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September 04, 2018, 04:37:57 PM
 #463

This cryptocurrency field has 2 type of people Buyer and Saller.every buyers like to price go down sellers like to price go high. my idea is bitcoin price go down other all coin price also go down.that's good for buyer and seller both because new people can join and who has a coin they can sale with profit. I think this price going up down its happened automatically.
Bitcoinbitcoin0909
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September 04, 2018, 04:39:41 PM
 #464

Low price of Bitcoins will attract new people to join the rally, now that a lot more people can afford to buy a ''Full Bitcoin''
Even though there's a lot of negative things that happened with crypto so far, there are still some good things that we can see on having bitcoin's price low. It may sound odd but we should cherish the moment and grab the opportunity while the value of it is still low to buy as many as you can. As you hold it for a long time, you will have higher chances of gaining much profit from it.

renggileh
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September 04, 2018, 04:51:50 PM
 #465

Low price of Bitcoins will attract new people to join the rally, now that a lot more people can afford to buy a ''Full Bitcoin''

Agree but if the price will remain low for to many time the interest will be gone. Needed increase to see that bitcoin has value and can be a good investment. In that way the interest can remain live and other will be interested.
yes you are right, the market must show a little positive change.
I think people are still a little hesitant to buy with the current market conditions.
kenlyresuello08
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September 04, 2018, 04:58:53 PM
 #466

Yes it was for those who can't totally afford the highest price of bitcoin this is their chance that they have to take advantage to buy as long as they can
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September 04, 2018, 04:59:25 PM
Merited by adriaymati58 (10)
 #467

People that feel they have missed the boat to 1200 are now able to enter at a price that feels cheap to them. I think it is mainly a psychological effect.

yes?

And I think that they don't care at all. I have a lot friends from IT field, with quite high salaries and they at least knows that bitcoin exists...but there is literally no way how to convince them. Dunno if cause is media coverage (silkroad, gox, frauds, hitmans, hacks..), but they just don't want to own it, but within my friends, I can see wireless payment cards, NFC and paypal accounts only.

believe or not, but if somebody was interested at 1200 and "missed the boat", he bought as much as he was able at 500-600 range and didn't wait until now.
There are more types of people. Those who love stability will be satisfied with a good salary and they won't need more. In general, an IT employee wouldn't actually take risks even if he knows about certain opportunities, on the other hand, there are plenty of entrepreneurs in IT who would take risks, and make more money eventually.
We need both the entrepreneurs and employees.
badaovodich
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September 04, 2018, 05:08:27 PM
 #468

It is important that every decision you make has a balance between the mind and the emotions, whether it be with securities, electronic money or any other market. When looking at the "bottom" of Bitcoin, you need to figure out whether it can go even higher. To do this, traders need to check whether the price is in the up or down band of the chart.
tbterryboy
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September 05, 2018, 08:36:00 AM
 #469

Low price of Bitcoins will attract new people to join the rally, now that a lot more people can afford to buy a ''Full Bitcoin''
Just checked and this was posted in 2015 *tsk*… The price this time around is not cheap and when you talk about Bitcoin in my country a lot of people don’t seem to be interested due to the cost for one Bitcoin and they just think it makes no sense. And even those that has been in the business all this while has been dropping out. But I still encourage people to buy no matter the price, it’s never a must that you will buy up to one Bitcoin.
cr7
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September 05, 2018, 09:02:34 AM
 #470

It is better to invest in bitcoin now, because the price is unlikely to be lower. Is pointless to wait, to lose this opportunity.
serizawa
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September 05, 2018, 09:37:43 AM
 #471

yes that's true. already 4 times we are at $ 6000 but now bitcoin starts rising back to $ 7000 that means bitcoin will continue to rise again I think we will see the $ 10,0000 bitcoin price
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September 06, 2018, 09:42:22 AM
 #472

Low price of BTC would make it easier for newbies to enter into the crypto space and also for large whales to purchase more cryptocurrency, but it doesn't mean things would stay like this forever infact very soon the price would increase because of the massive use cases and potential that BTC has.
Yeah, low price Bitcoin is currently available and it is from the start of this year we can invest easily using less amount. Also buy other best coins like Ethereum and Litecoin as well in their low markets. Bitcoin has the highest potential among all the cryptocurrencies that has the ability to give us maximum profit but this is possible only if we choose low market for investment so as to use less money.
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September 06, 2018, 07:16:08 PM
 #473

Indeed. People tend to buy btc at low price then holding it. Wait for the time when it peaks the high value and sell it. But if the price of btc is still low for a long time it would be problematic. Because instead supposedly gaining profit or else it is not.
Harrisonimo
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September 06, 2018, 09:13:50 PM
 #474

Low price of Bitcoins will attract new people to join the rally, now that a lot more people can afford to buy a ''Full Bitcoin''


I see there has been a resistant level of about the 6000$ mark being set for these dip periods. But it is still an OK price for any investor to come in and make some small profit when the bitcoin rises and the merrier if and when the actual anticipated bull run happens.
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How much alt coin diversification is needed? 0%?


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September 06, 2018, 10:10:40 PM
 #475

Low price of Bitcoins will attract new people to join the rally, now that a lot more people can afford to buy a ''Full Bitcoin''


I see there has been a resistant level of about the 6000$ mark being set for these dip periods. But it is still an OK price for any investor to come in and make some small profit when the bitcoin rises and the merrier if and when the actual anticipated bull run happens.

When we refer to the lower price range in which a price is bouncing, that is termed as "support."   When we refer to the upper end of the price range, that is referred to as "resistance."   It appears that you used the word "resistance" when you were describing what you believe to be "support."

Put BTC here: 35EVP8EePt8dyvKHaB7bXaRmKLm22YgRCA

How much alt coin diversification is necessary? if you are investing in Bitcoin, then perhaps 0%?
derinmertmert
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September 06, 2018, 10:17:55 PM
 #476

this may be true for people who understand from the market, but it is negative for completely new investors. people can step back thinking that markets will fall even more.
ovbokhan
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September 06, 2018, 10:20:12 PM
 #477

There are always two sides to the bitcoin  price: Those are planning  to enter the market, it is a perfect opportunity, while those already holding some hope that the price doesn't stay low for long. I think market corrections is OK sometimes
talenah kotang
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September 06, 2018, 11:33:41 PM
 #478

Yes those who have a lot of money will buy at the current price, but those who are pressed for the need and have little money will sell it.
Osayo
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September 06, 2018, 11:53:26 PM
Last edit: September 07, 2018, 06:40:17 PM by Osayo
 #479

Low price of Bitcoins will attract new people to join the rally, now that a lot more people can afford to buy a ''Full Bitcoin''
You may have a point. But the low prices are not good for market confidence. Besides, it is mainly good for those who already know about the Bitcoin market trend to want to buy more. A higher price could have made it more marketable to outsiders. They don't necessarily have to buy a full Bitcoin. Buying a fraction is okay.

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September 07, 2018, 01:46:35 AM
 #480

Low price of Bitcoins will attract new people to join the rally, now that a lot more people can afford to buy a ''Full Bitcoin''
Ill think it is they are waiting the bitcoins going down the price so that some of us can afford to buy some bitcoin but some of us also has have bitcoin already they are afraid if still continue to dump price they afraid because they are want to sell of their bitcoins into a high price.

 
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