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Author Topic: What's with the price dropping?  (Read 2622 times)
lordquanta
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March 09, 2017, 12:21:36 PM
 #41

As per bloomberg report the story is different. It says that major exchanges will life the suspension after regulators approve internal compliance upgrades. More information at [1]

[1] https://www.bloomberg.com/news/articles/2017-03-08/china-s-top-bitcoin-exchanges-extend-suspension-of-withdrawals
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March 09, 2017, 08:48:50 PM
 #42

I think the prices are on correcting again, similar to what happened in january where the prices dropped from $1,100 back to $750. But I don't expect to see the prices drop below $1,000 again. This may also be brought about by the correction due to the hype that happened because of the ETF. So maybe it is coming back to it's non bloated levels.
I agree, I don't see bitcoin will go below $1000 again since there is no major issue regarding China about bitcoin. ETF issue would be resolved soon and we'll see bitcoin would continue rising over again.

Yes true, I sure bitcoin will never under $1,000. I think these things are okay, as long as there is no guarantee the State, then the price of the bitcoin will continue like this, up and down like a roller coaster. the most important is we must profit from up and down the price of the bitcoin.

Actually you mean in your words about the fluctuations of bitcoin price, and as we can feature out with regards to price droppings it will just affect little profit changes. But if we are positive and determined into the progressive movement of btc economy, certainly you could survive the challenges that we are experiencing right now. However please take note that you anytime now price is not stable and maybe in time it will drop again and in a few hours it will rise up higher, depending on the buy and sell frequency.

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