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Author Topic: Price lowering a bit  (Read 913 times)
n691309
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May 19, 2016, 09:18:44 AM
 #21

So the halvening is close (yay) and the price is probably going to go up then (my speculation). The price of BTC today was $460.48 and now is $458.15 which is a -0.29% drop. Do you guys think it will lower more? I think so.

Today the price decreased a bit too from $455 to $449 a change of 6 USD or $0.78, i think we should not worry much about this decrease because i consider it as normal. Everything 10% and up we should worry about it.
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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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May 19, 2016, 11:07:32 AM
 #22

do not worry, it is very common. even bitcoin never go down quickly, but there are still many people who use it. bitcoin will always be used, and the more you use bitcoin, then the price would be getting up and more stable, I think right now you do not have to worry about the price of bitcoin, but think how you can produce with many bitcoin

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randy8777
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May 19, 2016, 11:58:49 AM
 #23

So the halvening is close (yay) and the price is probably going to go up then (my speculation). The price of BTC today was $460.48 and now is $458.15 which is a -0.29% drop. Do you guys think it will lower more? I think so.

Today the price decreased a bit too from $455 to $449 a change of 6 USD or $0.78, i think we should not worry much about this decrease because i consider it as normal. Everything 10% and up we should worry about it.

it's not even worth talking about. these ups and downs of $10 are indeed very normal. you should start with worrying once the price drops $50 at once.
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