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Author Topic: What is going on with the price?  (Read 2061 times)
romero121
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June 27, 2016, 04:05:23 PM
 #21

The price is keep on decreasing. Bitcoin doesn't get influenced by the world economy but this time the collapse in world economy due to Uk also impacted the price of bitcoin this time.
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June 27, 2016, 04:23:51 PM
 #22

I thought everyone was going to go balls to the wall after Brexit but it seems the price is stagnant for the past few hours. Call me conspiratorial, but could it be that the price is being kept down artificially? Is there anyway in the bitcoin system to keep track of all transactions and who specifically is doing the selling?
The price is being manipulated with Chinese traders, there's no real demand at all. It was all a pump and dump of this chinese traders to build a fomo around the bitcoin community and make a profit.
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June 27, 2016, 04:35:00 PM
 #23

The price is keep on decreasing. Bitcoin doesn't get influenced by the world economy but this time the collapse in world economy due to Uk also impacted the price of bitcoin this time.
Relax,and think positive..bitcoin is at 630 now so theres nothing to worry about.. that price is still high  compared last last month which is 450..btc will recover next month.
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June 27, 2016, 04:39:23 PM
 #24

I thought everyone was going to go balls to the wall after Brexit but it seems the price is stagnant for the past few hours. Call me conspiratorial, but could it be that the price is being kept down artificially? Is there anyway in the bitcoin system to keep track of all transactions and who specifically is doing the selling?
The price is being manipulated with Chinese traders, there's no real demand at all. It was all a pump and dump of this chinese traders to build a fomo around the bitcoin community and make a profit.

Harsh conclusions!

A different take: There is a LTC/GBP market at CoinsBank. There has been BTC/GBP markets on BTCe, gone some ages ago. The brittish aren't so much into trading their currency for BTC.
Brittish manufactored mining equipment beeing a thing of the past, too. Anybody remembers those FPGA assemblies? Cairnsmore 1 ?

But Brexit shakes all those Fiat markets, so ... good advertising, even if not instantly affecting the scene.

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June 27, 2016, 05:14:12 PM
 #25

Let's face it. Brexit  is overhyped event and has really little to do with changing any economic equilibrium in Europe. I thought that it will be more impactful as well.
But England won't be out of EU for at least next 4 years. And North Ireland and Scotland both want to stay in EU.

people are always looking for things that might shake up the market. while the brexit does affect the stock market and the value of the gbp, it has zero effect on bitcoin. and maybe they will not even leave europe as things are not settled yet.
i think you are right, brexit nearly had no impact on bitcoin to be honest though its a bad thing in my opinion because it would have been better if the price grew a lot

the price is really stable at the moment and does not show any signs of increasing at least right now, i hope this will change soon and we will see some positive trends that will allow us to earn money

 
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June 27, 2016, 05:37:17 PM
 #26

I think the current price of bitcoin fairly stable, at least bitcoin prices do not fall below $ 600, it makes people not to panic. but if there is an increase or decrease in the price of bitcoin suddenly I think it's a natural thing
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June 27, 2016, 06:49:11 PM
 #27

I don't get what's happening to the price as it was up after 20th May and now it's again fluctuating between $550-$700. I'm not interested in the price now as I feel it might just be stable at $600 and it would be profitable in the long run. GBP price fell and it brought down the BTC price as well.

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June 28, 2016, 06:23:10 AM
 #28

I think the current price of bitcoin fairly stable, at least bitcoin prices do not fall below $ 600, it makes people not to panic. but if there is an increase or decrease in the price of bitcoin suddenly I think it's a natural thing

The price was corrected which is completely normal. If he price goes up with hundreds of dollars, if just normal for the market to correct it, which caused stability and a new 'low'

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June 28, 2016, 07:19:40 AM
 #29

I thought everyone was going to go balls to the wall after Brexit but it seems the price is stagnant for the past few hours. Call me conspiratorial, but could it be that the price is being kept down artificially? Is there anyway in the bitcoin system to keep track of all transactions and who specifically is doing the selling?
The price is now much better a few days before the price gone down because of the bitfinex, but now people once again started to believe on bitcoin and are now buying them and I hope brexit will have a very good effect on bitcoin.

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June 28, 2016, 07:54:41 AM
 #30

What is going on with the price of the bitcoin as you can see the price of the bitcoin has dropped allot after a couple of time.
We dont know what happend but what i can tell you is that the price will rise again for sure.
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June 28, 2016, 08:19:45 AM
 #31

I don't get what's happening to the price as it was up after 20th May and now it's again fluctuating between $550-$700. I'm not interested in the price now as I feel it might just be stable at $600 and it would be profitable in the long run. GBP price fell and it brought down the BTC price as well.

But you know that last week, at thursday night to friday morning Bitcoin shot up from 550 to 680 due to an officially announced Brexit!
During that friday we saw a peak of 698 at finex.
So the Brexit had a positive effect after the huge correction which happened shortly before that.
Now it looks like we could move a bit sideways in a 600-650 range.
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June 29, 2016, 07:42:46 AM
 #32

I don't get what's happening to the price as it was up after 20th May and now it's again fluctuating between $550-$700. I'm not interested in the price now as I feel it might just be stable at $600 and it would be profitable in the long run. GBP price fell and it brought down the BTC price as well.

But you know that last week, at thursday night to friday morning Bitcoin shot up from 550 to 680 due to an officially announced Brexit!
During that friday we saw a peak of 698 at finex.
So the Brexit had a positive effect after the huge correction which happened shortly before that.
Now it looks like we could move a bit sideways in a 600-650 range.

Looking like a dead cat bounce in the aftermath

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June 29, 2016, 07:59:56 AM
 #33

What is going on with the price as you can see is the price dropping his loads. So that means that the price of the bitcoin is getting very low and that cant happen
We need to keep the bitcoin as high as possible but there are to many people who just holding their coins so we cant go up again.
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June 29, 2016, 08:05:10 AM
 #34

What is going on with the price of the bitcoin as you can see the price of the bitcoin has dropped allot after a couple of time.
We dont know what happend but what i can tell you is that the price will rise again for sure.

You're very negative if you put it that way... It's actually a great thing that we still manage to keep the price above $600 with all the selling pressure.
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June 29, 2016, 10:36:56 AM
 #35

Well I think it is stable for now. The most probable event that will happen this coming halving is that it will go to the moon. It is possible though that it will not go as predicted only time can tell what will really happen.

It seems to be stable es. I've got no problem if the price wiould stay here for a couple of weeks. Above 600 is way more then any of us had expected in january.

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June 29, 2016, 11:56:43 AM
 #36

I thought everyone was going to go balls to the wall after Brexit but it seems the price is stagnant for the past few hours. Call me conspiratorial, but could it be that the price is being kept down artificially? Is there anyway in the bitcoin system to keep track of all transactions and who specifically is doing the selling?
As you can see the price of the bitcoin has dropped allot that is what happens to the price. The drop of the price can causes allot of things you know. The situation with england in  europe can be a problem
for the bitcoin and off course the halving can causes allot of damage to the bitcoin but the miners will feel it hard.
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June 29, 2016, 12:38:57 PM
 #37

Well I think it is stable for now. The most probable event that will happen this coming halving is that it will go to the moon. It is possible though that it will not go as predicted only time can tell what will really happen.

It seems to be stable es. I've got no problem if the price wiould stay here for a couple of weeks. Above 600 is way more then any of us had expected in january.

Yeah it seems to have finally stabilized after it's short up and down with 700. Now I think it'll stay stable until halving occurs. Now only time will tell.

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June 29, 2016, 12:44:12 PM
 #38

The price is dropping because there are allot of people who just holding their coins and that is not really great off course.. And
i think that soimething with england has also to do with this enormous price drop for sure.
Brexit right, it's a good chance for bitcoin price goes up surely the people who live in england now are scare if pounds get low to other currency so maybe some people at there would buy bitcoin for a moment.
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June 29, 2016, 01:22:45 PM
 #39

The price is keep on decreasing. Bitcoin doesn't get influenced by the world economy but this time the collapse in world economy due to Uk also impacted the price of bitcoin this time.
how can you say that bitcoin is not affected by the world events? it is effected greatly in my opinion, remember the time last summer when everyone thought grexit will happen? the price was pushed a lot back then

the price is pretty much stable at the moment i think and we will have a really long time to go until its going to grow a lot, i think we might reach 1 thousand dollars this year possibly
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June 29, 2016, 02:19:33 PM
 #40

I thought everyone was going to go balls to the wall after Brexit but it seems the price is stagnant for the past few hours. Call me conspiratorial, but could it be that the price is being kept down artificially? Is there anyway in the bitcoin system to keep track of all transactions and who specifically is doing the selling?
As you can see the price of the bitcoin is dropping very low in just a short period and that is not very well becasue we want to see the
price of the  bitcoin rising and that is what we all want. Believe me the price of the bitcoin will rise again for sure.
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