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Author Topic: Bitcoin price is recovering!  (Read 32467 times)
vnvizow
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March 21, 2017, 05:47:52 PM
 #101

It has really recovered well from the price drop it got way back in January which was 700$ per Bitcoin it has now truly recovered which came to a high priced at 1200$ per Bitcoin. Which is a 500$ improvement in a little over a month. Now the price of Bitcoin got back to the 1000$ level due to again a shorting that happened last week. Hoping to see the price of Bitcoin recover again this week.
Actually it has not recovered rather it settled new goals and new price records this time if I am not wrong. And guys why you become so much worried when the price even drops a little ?
If the price would only go up and up only traders would find it impossible to earn via trading. I am one of those traders and hence I know the value of these swings, its really crucial.
Well dropping and rising by $200-300 is a lot. But I agree, it's just the business cycle at work here, the coin can't grow without falls
Today again it's increasing now the price is 1117$. I think in this weekend we can again see the Bitcoin price around 1200$. Yes, this price fall help traders to do good business otherwise there is no work for traders. This 200 and 300$ up and down will give nice profit to traders. I think since last few months traders are made a nice profit in Bitcoin trading.
Yes the traders benefit from this but, still the majority of normal users are not happy with those fluctuations. With the whole hard fork thing going on this month hadn't been great for normal btc users
coolcoinz
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March 21, 2017, 06:18:12 PM
 #102

yeah i like how bitcoin simply don't care about hard fork or soft fork, people can't lose their investment only because of some fud here and there, it's not the first time that bitcoin was declared done and has recovered very quickly, and i'm not worried anymore if soemthing like this happen again a new technology like this can not simply die sorry
That's because bitcoin is also the technology behind it. If blockchains wins the applause of the masses Bitcoin will gain from it, even if it doesn't become a widely used world currency.
Also, Japan is thinking about making Bitcoin officially accepted and regulated, which is surely pumping the price.

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March 21, 2017, 07:13:13 PM
 #103

Ya it is true that market have not reacted so much on the news of rejection from ETF but it reacted when it got cleared of Bitcoin Hard fork. and now it is getting out the fear as they are knowing it the difference very soon.

After the exchanges have declare that there will be a separation between BTC and BTU the  public in fear has returned to bitcoin and are no longer worried. That is probably the main reason why bitcoins value is now going up again. Possibly next week the price will hit again at 1200$ and to those who are loyal to bitcoin and have not panicked a good roi is waiting for you.


I read the thread and many people are optimistic about the price of bitcoin. This is a good feeling but the debate and that each side follow its own policy will not over till a split of the coin. After the Antpool's movement, yesterday, to mine a BU block, today the Guo's X Pool followed and did the same so as to promote the BU too. The future is uncertain and will see how the price will be affected.
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March 21, 2017, 08:57:06 PM
 #104

Bitcoin is recovering because people realized that hard fork or not they will gain from it. Hard fork means we will be getting free BTU plus BTC won't really drop down much and in the long run it is still going up. So guys it's buy buy buy.  Grin

Yeah the drama has stop already and politics seems to be fine now. And those people that made wrong decision are coming back now to bitcoin which is the origin of all crypto's. The buying power of hodlers are now seems higher now because of the price went back under $1k. I guess it will make it again back to $1.2k
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March 21, 2017, 09:05:22 PM
 #105

Ya it is true that market have not reacted so much on the news of rejection from ETF but it reacted when it got cleared of Bitcoin Hard fork. and now it is getting out the fear as they are knowing it the difference very soon.

After the exchanges have declare that there will be a separation between BTC and BTU the  public in fear has returned to bitcoin and are no longer worried. That is probably the main reason why bitcoins value is now going up again. Possibly next week the price will hit again at 1200$ and to those who are loyal to bitcoin and have not panicked a good roi is waiting for you.


I read the thread and many people are optimistic about the price of bitcoin. This is a good feeling but the debate and that each side follow its own policy will not over till a split of the coin. After the Antpool's movement, yesterday, to mine a BU block, today the Guo's X Pool followed and did the same so as to promote the BU too. The future is uncertain and will see how the price will be affected.
Definitely with the latest events what will happen with the price of Bitcoin is so unknown and perhaps distressing to the community. I just hope that what is to come has a positive impact for all
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March 21, 2017, 09:07:46 PM
 #106

It has really recovered well from the price drop it got way back in January which was 700$ per Bitcoin it has now truly recovered which came to a high priced at 1200$ per Bitcoin. Which is a 500$ improvement in a little over a month. Now the price of Bitcoin got back to the 1000$ level due to again a shorting that happened last week. Hoping to see the price of Bitcoin recover again this week.
Actually it has not recovered rather it settled new goals and new price records this time if I am not wrong. And guys why you become so much worried when the price even drops a little ?
If the price would only go up and up only traders would find it impossible to earn via trading. I am one of those traders and hence I know the value of these swings, its really crucial.
Well dropping and rising by $200-300 is a lot. But I agree, it's just the business cycle at work here, the coin can't grow without falls
Today again it's increasing now the price is 1117$. I think in this weekend we can again see the Bitcoin price around 1200$. Yes, this price fall help traders to do good business otherwise there is no work for traders. This 200 and 300$ up and down will give nice profit to traders. I think since last few months traders are made a nice profit in Bitcoin trading.
Yes the traders benefit from this but, still the majority of normal users are not happy with those fluctuations. With the whole hard fork thing going on this month hadn't been great for normal btc users
Maybe to some extent, but I don't think it'll result in people losing faith.  It's okay that there are fluctuations, even to quite low levels - there have been drops as low as at the start of 2014 and I'm comfortable with it because while I'm not holding too much, I'm still comfortable.
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March 21, 2017, 09:43:47 PM
 #107

I never look at the bitcoin price and think, "oh wow, the bitcoin price is recovering"  this thing can move hundreds of dollars in an hour never mind a day.  i will be able to relax about the price when its in the tens of thousands.....lol
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March 21, 2017, 09:55:01 PM
 #108

It's price was around 1250$ 10 days ago but now it has fallen a bit around 1050$
Lets see that if it can regain that worth in the market
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March 21, 2017, 10:29:30 PM
 #109

It has really recovered well from the price drop it got way back in January which was 700$ per Bitcoin it has now truly recovered which came to a high priced at 1200$ per Bitcoin. Which is a 500$ improvement in a little over a month. Now the price of Bitcoin got back to the 1000$ level due to again a shorting that happened last week. Hoping to see the price of Bitcoin recover again this week.
Actually it has not recovered rather it settled new goals and new price records this time if I am not wrong. And guys why you become so much worried when the price even drops a little ?
If the price would only go up and up only traders would find it impossible to earn via trading. I am one of those traders and hence I know the value of these swings, its really crucial.
Well dropping and rising by $200-300 is a lot. But I agree, it's just the business cycle at work here, the coin can't grow without falls
Today again it's increasing now the price is 1117$. I think in this weekend we can again see the Bitcoin price around 1200$. Yes, this price fall help traders to do good business otherwise there is no work for traders. This 200 and 300$ up and down will give nice profit to traders. I think since last few months traders are made a nice profit in Bitcoin trading.
Yes the traders benefit from this but, still the majority of normal users are not happy with those fluctuations. With the whole hard fork thing going on this month hadn't been great for normal btc users

Hardfork has not happened yet and besides, hardfork is healthy for a coin if it upgrades its specs and fixes scalability and bugs and glitches.  Aside from that it is really inevitable if Bitcoin needs to cope up with altcoins advances.  The problem is that exchanges probably a political agenda make use of this thing and FUD the market.  FUD will eventually gone when the right information is announced and spread out.



I can see that bitcoin at this moment had seen some recovery and now at more than $1100.  I hope it continue to recover and go up to $1300 at the end of this month.

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mace15
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March 22, 2017, 06:05:41 AM
 #110

I believe bitcoin price will recover after it has fallen these past few days. Hardfork hasnt happen yet and many will still observing the bitcoin price that fluctuating. Its price will regain so others will benefit of it.
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March 22, 2017, 06:12:38 AM
 #111

I believe bitcoin price will recover after it has fallen these past few days. Hardfork hasnt happen yet and many will still observing the bitcoin price that fluctuating. Its price will regain so others will benefit of it.

It is now recovering if you will trying to check it out at preev, it now landed at $1,103 looking back from last weeks price which is $980.

We are now on the rise and I guess it can possibly back to $1,200-$1,250 or even higher and when that happens.

Expect another dump again from these greedy people.

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March 22, 2017, 06:29:32 AM
 #112

We are expecting that soon and I'm glad also to see the price going back slowly again, this time should be consistent and those who were able to buy cheap bitcoins should be lucky now watching the price grow. I hope the price of bitcoin will recover its position very soon.
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March 22, 2017, 06:42:34 AM
 #113

Bitcoin going to the moon requires a market cap at a multiple of where we are today (60-100B). Bitcoin is relatively stable with opportunities to trade for solid returns.
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March 22, 2017, 08:40:54 AM
 #114

The way I see bitcoin these days, I am just hopeful it will recover as every blow have just successfully happened to be a set back and not a knock out. I am sure a lot of people are happy about this even though the recovery has not been consistent the fact that its still in play makes everyone hopeful that the end is not in sight and all negativity is just a test for bitcoin stability in price...
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March 22, 2017, 09:07:29 AM
 #115

We are expecting that soon and I'm glad also to see the price going back slowly again, this time should be consistent and those who were able to buy cheap bitcoins should be lucky now watching the price grow. I hope the price of bitcoin will recover its position very soon.

with the current cryptocurrency market situation that honestly for me a little bit strange , bitcoin price will hard to be predicted. i am watching for 3 biggest altcoin dogecoin, darkcoin and ethereum all of them go up when bitcoin price go up too except dogecoin.

so i will say once dogecoin move up , it could be a sign the bitcoin price will keep dropping instead recovering in the next couple months.

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March 22, 2017, 10:23:39 AM
 #116

For me I can't call this a recovery, though some of the loss has been gained but the main issue that resulted in the intial dump is still there, until the scaling issue is resolved I won't be bullish on BTC price. In recent times the clamour for hard fork has increase and this seems to be a new reality
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March 22, 2017, 10:32:38 AM
 #117

I never look at the bitcoin price and think, "oh wow, the bitcoin price is recovering"  this thing can move hundreds of dollars in an hour never mind a day.  i will be able to relax about the price when its in the tens of thousands.....lol

Very few people will think like you, but there are many people scares about bitcoin when the bitcoin price is kept reducing. They will be happy when the bitcoin price is increasing, it's their nature, we should not comment on them. Even though bitcoin price decreases, but definitely one day it will increase for sure.
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March 22, 2017, 03:43:26 PM
 #118

As we speak the price to OKCoin: 999,51  to Bitfinex:1011,3 to Bitstamp: 1011.1 and Btc-e: 1056,99 

Doesn't look to me as recovering! The good thing for me is that i had and open buy order at 970 that i had totally forget about Smiley and bought some more BTC!

I really don't see like recovering, but after this small dump i feel it will recover and we go steady up.

People forget about hard fork and HODL yours BTC Smiley don't let them take from you so easy...
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March 22, 2017, 03:49:31 PM
 #119

It has really recovered well from the price drop it got way back in January which was 700$ per Bitcoin it has now truly recovered which came to a high priced at 1200$ per Bitcoin. Which is a 500$ improvement in a little over a month. Now the price of Bitcoin got back to the 1000$ level due to again a shorting that happened last week. Hoping to see the price of Bitcoin recover again this week.
Actually it has not recovered rather it settled new goals and new price records this time if I am not wrong. And guys why you become so much worried when the price even drops a little ?
If the price would only go up and up only traders would find it impossible to earn via trading. I am one of those traders and hence I know the value of these swings, its really crucial.
Well dropping and rising by $200-300 is a lot. But I agree, it's just the business cycle at work here, the coin can't grow without falls
Today again it's increasing now the price is 1117$. I think in this weekend we can again see the Bitcoin price around 1200$. Yes, this price fall help traders to do good business otherwise there is no work for traders. This 200 and 300$ up and down will give nice profit to traders. I think since last few months traders are made a nice profit in Bitcoin trading.
Yes the traders benefit from this but, still the majority of normal users are not happy with those fluctuations. With the whole hard fork thing going on this month hadn't been great for normal btc users
I know it, because the normal users are just keeping his coin and their wallet and never try to use them into the bitcoin market to grow it through the trading.

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March 22, 2017, 03:57:26 PM
 #120

Doesn't look to me as recovering!

If the price goes up a few dozen bucks after a dump, people directly assume it is a recovery. If you closely look at this whole fork situation, then there is no such a thing as a recovering price in the last few days. I wouldn't even be surprised to see the price sink below the $1000 level today or in the coming days. In that regard, just to benefit from potential sharp dumps, I would be setting up various buy orders in the range of the $800-$950 levels. Just leave them open. If they don't get triggered you haven't lost anything. Wink
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