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Author Topic: 350 USD in August  (Read 17046 times)
co5hike
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August 12, 2016, 06:54:46 PM
 #401

I totally disagree with you, because bitcoin going to rise up its price too much faster

Price may fall in coming days but there is no scope of falling to the price of $350 as that price is history now and we will never see that price again, from here price will only go higher.

Nonsense. You sound as clueless as the people who thought the halving was going to send the price to $4000. People always think the *current* price is a new normal, and the only thing Bitcoin has consistently proven is that volatility is normal. $350 in the future is more likely than not. Saying $350 is impossible and "never again" is pure delusion.

I am not getting what is your point and what you are trying to say, but the fact is it will never reach to the price of $350 in coming days.
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August 13, 2016, 01:54:36 AM
 #402


The worst which could have happened to us has already happened.
Another exchange got hacked and we dropped down pretty hard to 465.
That was the bottom.BFX is online again and the price only can move up again if not another major exchange will have any serious issues.That is the only scenario I could imagine BTC to dive down to a 300 range. But this is not very likely imo.

Indeed, this hacking incident on BFX is dragging the bitcoin price. Another negative news will further pull it back. Though BFX got online, but recovery is slow but surely it will go back to the price before it crash. More people are hopeful that after this controversy,bitcoin will be on its feet again to jump Wink

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August 13, 2016, 02:57:50 AM
 #403

I hope your right because I will definitely buy more if it happens, so when that kim.com thing happens i score big!
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August 13, 2016, 04:59:45 AM
 #404


The worst which could have happened to us has already happened.
Another exchange got hacked and we dropped down pretty hard to 465.
That was the bottom.BFX is online again and the price only can move up again if not another major exchange will have any serious issues.That is the only scenario I could imagine BTC to dive down to a 300 range. But this is not very likely imo.

Indeed, this hacking incident on BFX is dragging the bitcoin price. Another negative news will further pull it back. Though BFX got online, but recovery is slow but surely it will go back to the price before it crash. More people are hopeful that after this controversy,bitcoin will be on its feet again to jump Wink

Bfx incident causes the bitcoins price to drop its price drastically but it doesnt mean that it would go lower  than $350, maybe if theres another hacking incident then it would be possible. It really depends  on such circumstances that really affects the price. We can expect that bitcoins price would go rise up again after the incident and would fully recover its price or even more.

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August 13, 2016, 05:44:50 AM
 #405

Would be gross to watch this happen, BTC losing most of it's value.

I personally highly doubt it will happen but WHO KNOWS!




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August 13, 2016, 06:55:32 AM
 #406

Would be gross to watch this happen, BTC losing most of it's value.

I personally highly doubt it will happen but WHO KNOWS!

Even though bitcoins price as of now is dropping but  it wont never reach $350 mark since its too low.  Its impossible for bitcoin to drop its price,as we all know that bitcoin price is unstable  it would  definitely rise and fall its price but not as much as low as OP's speculation.

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August 13, 2016, 09:32:36 AM
 #407

Would be gross to watch this happen, BTC losing most of it's value.

I personally highly doubt it will happen but WHO KNOWS!

Even though bitcoins price as of now is dropping but  it wont never reach $350 mark since its too low.  Its impossible for bitcoin to drop its price,as we all know that bitcoin price is unstable  it would  definitely rise and fall its price but not as much as low as OP's speculation.

Exactly we may see price drop in future but it won't fall that low, I don't see it going below $500 ever and $350 is surely not possible as that price is too low for bitcoin now.
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August 13, 2016, 09:35:55 AM
 #408

I hope your right because I will definitely buy more if it happens, so when that kim.com thing happens i score big!
it would be really bad if the price went down that much, then the people would be panic dumping all their bitcoins and it would be impossible to make profit

 
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August 13, 2016, 10:46:58 AM
 #409

Would be gross to watch this happen, BTC losing most of it's value.

I personally highly doubt it will happen but WHO KNOWS!

Even though bitcoins price as of now is dropping but  it wont never reach $350 mark since its too low.  Its impossible for bitcoin to drop its price,as we all know that bitcoin price is unstable  it would  definitely rise and fall its price but not as much as low as OP's speculation.

Exactly we may see price drop in future but it won't fall that low, I don't see it going below $500 ever and $350 is surely not possible as that price is too low for bitcoin now.

If bitcoins price would  go to that lowest price maybe there would be a problem in bitcoin or maybe  some huge bitcoin holders  are dumping or selling their coins on cheap prices. But i guess  the price would increase after that since many people would definitely buy on which bitcoins price is lower because they believe its a good opportunity to buy.

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August 13, 2016, 11:01:00 AM
 #410

I hope your right because I will definitely buy more if it happens, so when that kim.com thing happens i score big!
do not have to wait for price drops away to buy, because it will take a long time to increase. I hope this will not happen.

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August 13, 2016, 11:11:01 AM
 #411

Dropping the price of bitcoin to $350 is really impossible now because we know it's on recovering stage, it's already August and we never see any circumstances like what the original poster said, meaning to say there is no proof if he has then it's fake. lol  Grin

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August 13, 2016, 11:18:14 AM
 #412

Dropping the price of bitcoin to $350 is really impossible now because we know it's on recovering stage, it's already August and we never see any circumstances like what the original poster said, meaning to say there is no proof if he has then it's fake. lol  Grin

Yes, that's nearly unrealistic, despite the bad news from btfinex hack Sad
nowadays price seem stable around 580-590 $ 
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August 13, 2016, 11:35:31 AM
 #413


The worst which could have happened to us has already happened.
Another exchange got hacked and we dropped down pretty hard to 465.
That was the bottom.BFX is online again and the price only can move up again if not another major exchange will have any serious issues.That is the only scenario I could imagine BTC to dive down to a 300 range. But this is not very likely imo.

Indeed, this hacking incident on BFX is dragging the bitcoin price. Another negative news will further pull it back. Though BFX got online, but recovery is slow but surely it will go back to the price before it crash. More people are hopeful that after this controversy,bitcoin will be on its feet again to jump Wink
Yes bitfinex issues is the main thing which drag the price of bitcoin down and it take a lot of effort/weeks before the get back to normal cos good things are easily destroy but hard to build. Let's just hope another exchanger problem won't arise in future.

.
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August 13, 2016, 11:47:12 AM
 #414


The worst which could have happened to us has already happened.
Another exchange got hacked and we dropped down pretty hard to 465.
That was the bottom.BFX is online again and the price only can move up again if not another major exchange will have any serious issues.That is the only scenario I could imagine BTC to dive down to a 300 range. But this is not very likely imo.

Indeed, this hacking incident on BFX is dragging the bitcoin price. Another negative news will further pull it back. Though BFX got online, but recovery is slow but surely it will go back to the price before it crash. More people are hopeful that after this controversy,bitcoin will be on its feet again to jump Wink
Yes bitfinex issues is the main thing which drag the price of bitcoin down and it take a lot of effort/weeks before the get back to normal cos good things are easily destroy but hard to build. Let's just hope another exchanger problem won't arise in future.
the price will return to normal soon despite the issues of bitfinex we faced bigger than that in cryst @ mtg in the past time so it is a matter of time to get in right track.

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Dobmaster
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August 13, 2016, 01:06:03 PM
 #415


The worst which could have happened to us has already happened.
Another exchange got hacked and we dropped down pretty hard to 465.
That was the bottom.BFX is online again and the price only can move up again if not another major exchange will have any serious issues.That is the only scenario I could imagine BTC to dive down to a 300 range. But this is not very likely imo.

Indeed, this hacking incident on BFX is dragging the bitcoin price. Another negative news will further pull it back. Though BFX got online, but recovery is slow but surely it will go back to the price before it crash. More people are hopeful that after this controversy,bitcoin will be on its feet again to jump Wink
Yes bitfinex issues is the main thing which drag the price of bitcoin down and it take a lot of effort/weeks before the get back to normal cos good things are easily destroy but hard to build. Let's just hope another exchanger problem won't arise in future.
the price will return to normal soon despite the issues of bitfinex we faced bigger than that in cryst @ mtg in the past time so it is a matter of time to get in right track.

I think the current price is quite normal after the Bitfinex hack. After a few months, people will not remember the hack, the price will rise.

 
                                . ██████████.
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Corenin
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August 13, 2016, 01:20:24 PM
 #416


The worst which could have happened to us has already happened.
Another exchange got hacked and we dropped down pretty hard to 465.
That was the bottom.BFX is online again and the price only can move up again if not another major exchange will have any serious issues.That is the only scenario I could imagine BTC to dive down to a 300 range. But this is not very likely imo.

Indeed, this hacking incident on BFX is dragging the bitcoin price. Another negative news will further pull it back. Though BFX got online, but recovery is slow but surely it will go back to the price before it crash. More people are hopeful that after this controversy,bitcoin will be on its feet again to jump Wink
Yes bitfinex issues is the main thing which drag the price of bitcoin down and it take a lot of effort/weeks before the get back to normal cos good things are easily destroy but hard to build. Let's just hope another exchanger problem won't arise in future.
the price will return to normal soon despite the issues of bitfinex we faced bigger than that in cryst @ mtg in the past time so it is a matter of time to get in right track.

I think the current price is quite normal after the Bitfinex hack. After a few months, people will not remember the hack, the price will rise.

Bitfinex hack is history now, people and bitcoin have started to move on now and the price of bitcoin is on recovery stage at a moment and we will see much higher price in coming months.
mandica
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August 13, 2016, 02:13:01 PM
 #417


The worst which could have happened to us has already happened.
Another exchange got hacked and we dropped down pretty hard to 465.
That was the bottom.BFX is online again and the price only can move up again if not another major exchange will have any serious issues.That is the only scenario I could imagine BTC to dive down to a 300 range. But this is not very likely imo.

Indeed, this hacking incident on BFX is dragging the bitcoin price. Another negative news will further pull it back. Though BFX got online, but recovery is slow but surely it will go back to the price before it crash. More people are hopeful that after this controversy,bitcoin will be on its feet again to jump Wink
Yes bitfinex issues is the main thing which drag the price of bitcoin down and it take a lot of effort/weeks before the get back to normal cos good things are easily destroy but hard to build. Let's just hope another exchanger problem won't arise in future.
the price will return to normal soon despite the issues of bitfinex we faced bigger than that in cryst @ mtg in the past time so it is a matter of time to get in right track.

I think the current price is quite normal after the Bitfinex hack. After a few months, people will not remember the hack, the price will rise.

Bitfinex hack is history now, people and bitcoin have started to move on now and the price of bitcoin is on recovery stage at a moment and we will see much higher price in coming months.

It is history now. But people will not forget about it for some time. Maybe after a few more months, the price will rise again.
xuan87
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August 13, 2016, 02:43:32 PM
 #418


The worst which could have happened to us has already happened.
Another exchange got hacked and we dropped down pretty hard to 465.
That was the bottom.BFX is online again and the price only can move up again if not another major exchange will have any serious issues.That is the only scenario I could imagine BTC to dive down to a 300 range. But this is not very likely imo.

Indeed, this hacking incident on BFX is dragging the bitcoin price. Another negative news will further pull it back. Though BFX got online, but recovery is slow but surely it will go back to the price before it crash. More people are hopeful that after this controversy,bitcoin will be on its feet again to jump Wink
Yes bitfinex issues is the main thing which drag the price of bitcoin down and it take a lot of effort/weeks before the get back to normal cos good things are easily destroy but hard to build. Let's just hope another exchanger problem won't arise in future.
the price will return to normal soon despite the issues of bitfinex we faced bigger than that in cryst @ mtg in the past time so it is a matter of time to get in right track.

I think the current price is quite normal after the Bitfinex hack. After a few months, people will not remember the hack, the price will rise.

Bitfinex hack is history now, people and bitcoin have started to move on now and the price of bitcoin is on recovery stage at a moment and we will see much higher price in coming months.

It is history now. But people will not forget about it for some time. Maybe after a few more months, the price will rise again.

Yes it is really bad for exchanger reputation that the fund being hacked by hacker and cause the price to drop, hopefully the exchanger can increase their security and improve their services, after the Crypsty now BItfinex, the exchanger reputation really is in a bad shape


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SquallLeonhart
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August 13, 2016, 03:53:37 PM
 #419


The worst which could have happened to us has already happened.
Another exchange got hacked and we dropped down pretty hard to 465.
That was the bottom.BFX is online again and the price only can move up again if not another major exchange will have any serious issues.That is the only scenario I could imagine BTC to dive down to a 300 range. But this is not very likely imo.

Indeed, this hacking incident on BFX is dragging the bitcoin price. Another negative news will further pull it back. Though BFX got online, but recovery is slow but surely it will go back to the price before it crash. More people are hopeful that after this controversy,bitcoin will be on its feet again to jump Wink
Yes bitfinex issues is the main thing which drag the price of bitcoin down and it take a lot of effort/weeks before the get back to normal cos good things are easily destroy but hard to build. Let's just hope another exchanger problem won't arise in future.
the price will return to normal soon despite the issues of bitfinex we faced bigger than that in cryst @ mtg in the past time so it is a matter of time to get in right track.

I think the current price is quite normal after the Bitfinex hack. After a few months, people will not remember the hack, the price will rise.

Bitfinex hack is history now, people and bitcoin have started to move on now and the price of bitcoin is on recovery stage at a moment and we will see much higher price in coming months.

It is history now. But people will not forget about it for some time. Maybe after a few more months, the price will rise again.

Yes people who have lost their money in scam will not forget it easily as they have lost their hard earned money in it and they will prefer not to invest anytime in those sites.
pitham1
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August 14, 2016, 06:37:11 AM
 #420

Yes people who have lost their money in scam will not forget it easily as they have lost their hard earned money in it and they will prefer not to invest anytime in those sites.

People haven't actually lost money yet, because they have been given BFX tokens. They can always wait for them to be redeemed, if Bitfinex recovers. Of course, these people won't be investing additional money any time soon.

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