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YIz
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August 02, 2016, 04:21:34 AM |
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Ethereum Classic is rising while Ethereum and Bitcoin are falling. I bet the free fall will end today but it might not  join the ride. |
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Gahs
Sr. Member
 Offline
Activity: 294
Merit: 250
Minter
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August 02, 2016, 04:25:01 AM |
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It's called stabilizing. The price of bitcoin is gradually moving to a stable equilibrium till the next halving in 2020.
If you bought bitcoins at $600+, either hold till price rises again or exchange for a viable altcoin - wait for its price to rise, sell and make some profit there.
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Divinespark
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August 02, 2016, 04:33:56 AM |
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I am guessing the bears are targeting BTC on the back of the closed doors scaling meeting. See the market as well-supported in the high 500's, so don't see a huge slide beyond here
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avikz
Legendary
Offline
Activity: 3080
Merit: 1499
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August 02, 2016, 04:40:27 AM |
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It's called stabilizing. The price of bitcoin is gradually moving to a stable equilibrium till the next halving in 2020.
If you bought bitcoins at $600+, either hold till price rises again or exchange for a viable altcoin - wait for its price to rise, sell and make some profit there.
Even I think the same. The price is now stabilizing. Just filling up the hole left behind to get the roots stronger. from 592 USd the price is now 600 USD. It will increase soon. However, the recent fall made few people bearish on bitcoin hence they also are selling. It will take a bit but will soon recover. |
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electronicash
Legendary
 Online
Activity: 3080
Merit: 1051
Eloncoin.org - Mars, here we come!
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August 02, 2016, 04:46:28 AM |
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Ethereum Classic is rising while Ethereum and Bitcoin are falling. I bet the free fall will end today but it might not join the ride. Must really be one of the reason as investors see ETH derivative as innovative as they are. Too bad I only have few ETC this time. I wish I have decided earlier to invest more to it. I could have profit exponentially. |
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happen or be a part of it"
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Daifotis
Newbie
Offline
Activity: 49
Merit: 0
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August 02, 2016, 04:49:17 AM |
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Take it as a opportunity to buy coins again at your considered lowest rate. Bitcoin Markets is now under pressure following the drop in price and Hash Rate, it's obvious now what to do next.  |
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Rubberduckie
Legendary
Offline
Activity: 1442
Merit: 1000
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August 02, 2016, 05:07:18 AM |
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Take it as a opportunity to buy coins again at your considered lowest rate. Bitcoin Markets is now under pressure following the drop in price and Hash Rate, it's obvious now what to do next. I agree it it's just a good sign to buy. I wont be worried unless we drop under $500 because anything around $600 could just be simple profit taking after the huge rise. |
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ImHash
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August 02, 2016, 05:09:24 AM |
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it's mostly because before the halving people were holding so this past month we had rise not just because of halving but no one was selling and after the halving you can see that people started to panic sell in fear of a sudden crash this is exactly what is happening now people are panic selling thinking recent drops in value of some alts would reach bitcoin as well.
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XERES
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August 02, 2016, 05:13:11 AM |
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Ethereum Classic is rising while Ethereum and Bitcoin are falling. I bet the free fall will end today but it might not join the ride. Yeah, a bit surprised its up 66% today and the most of altcoins also is down but Ethereum Classic rising, well I gues those who made profit from ETC just sold their BTC. |
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Meettayo
Newbie
Offline
Activity: 27
Merit: 0
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August 02, 2016, 05:13:39 AM |
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Take it as a opportunity to buy coins again at your considered lowest rate. Bitcoin Markets is now under pressure following the drop in price and Hash Rate, it's obvious now what to do next. I agree it it's just a good sign to buy. I wont be worried unless we drop under $500 because anything around $600 could just be simple profit taking after the huge rise. Agree in both post. Yes anything around $600 is just fine. I will considered it as a price crash if we lower to $500. That is the worst case scenario since the rewards has been low. |
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Indrawan77
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August 02, 2016, 05:22:41 AM |
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Yes it was a shocking news hopefully it just a glitch and it will come back to above 600, it quite shocking because i thought that after halving the price is going to up and stabilize in around 700, hopefully in this few days the price is going to bounce back
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Tanic
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August 02, 2016, 05:25:54 AM |
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But coin jumped down. No reason for panic. I think we all have to look at this as to an opportunity to rise our amounts and buy some bitcoins. The price will go up for sure, it is only a moment. Even now I'm looking at bitcoin's price and now it is 629$. So it shows how bitcoin is not stabile, you stayed the comment just couple hours ago and the price is stabilizing already.
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shinratensei_
Legendary
Offline
Activity: 3094
Merit: 1024
Leading Crypto Sports Betting & Casino Platform
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August 02, 2016, 05:26:29 AM |
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It's called stabilizing. The price of bitcoin is gradually moving to a stable equilibrium till the next halving in 2020.
If you bought bitcoins at $600+, either hold till price rises again or exchange for a viable altcoin - wait for its price to rise, sell and make some profit there.
okay, about the stabilizing, whether not having a chance for the price will back to the unstable condition before next halving is coming? But praying for a lot of expectation because, in fact, the price is stabilizing after halving. |
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plpbtc1526
Member
Offline
Activity: 70
Merit: 10
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August 02, 2016, 05:27:11 AM |
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Good news to those who want to buy bitcoin. Buy now while it getting low, so when it starting to rise again you can trade it with a lot of earnings. Why the others panicking? Its still high, dont.panick sell your bitcoin. It is going to rise again in a month coz many projects are about to open. More investors are going to invest and more.demand of bitcoin.
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Sorrowfox
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August 02, 2016, 05:49:51 AM |
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It's called stabilizing. The price of bitcoin is gradually moving to a stable equilibrium till the next halving in 2020.
If you bought bitcoins at $600+, either hold till price rises again or exchange for a viable altcoin - wait for its price to rise, sell and make some profit there.
YEah you are right. The holders of bitcoins doesn't need to worry. Because almost everything that suddenly goes down will go up eventually. It is just all about timing. Selling your bitcoin right now is not a wise idea because if majority of the people will sell their bitcoins it will really lead to massive bitcoin price down which the bitcoin holders would never want. |
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Kakmakr
Legendary
Offline
Activity: 3444
Merit: 1957
Leading Crypto Sports Betting & Casino Platform
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August 02, 2016, 05:51:42 AM |
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It is just some speculators playing with the trade volumes between ETH and Bitcoin. They waited a bit after the Halving to see what would happen and nothing did, so now they are shifting the ETH, to inflate the sales volumes and other people are following like sheep.
The Bitcoin price will go down, because people might see this as a dump, and the panic button will be pressed by the people who are easily fooled by this. This creates a opportunity for people like us, who are waiting for the price to drop. We like to buy low and sell high. I cannot wait for the panic nanny cheap coins to drop, so that we can buy low.
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davis196
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August 02, 2016, 05:53:36 AM |
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The price will increase during the next winter.I`m pretty sure about that. The price decrease is frustrating,but bitcoin isn`t crashing. People here should stop with those panic threads. |
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chichidori
Legendary
Offline
Activity: 1694
Merit: 1003
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August 02, 2016, 06:01:56 AM |
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Yes we are crashing but i think its only natural bitcoin have reach another bubble and ETC is gaining traction. for this month i predict it will go down to 550 to 500 a piece.
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CoinBreader
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August 02, 2016, 06:09:55 AM |
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Nothing to worry about, just keep calm and buy bitcoin , lets see how btc bleed same thing happen last summer, nothing to worry about! just dont hold any shit coins, cause all the market will go down, expect from ETC as it seems with that freaking insane volume!
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