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Author Topic: A price correction is happening now  (Read 3553 times)
wxa7115
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May 14, 2017, 03:16:19 PM
Last edit: May 15, 2017, 08:50:45 PM by wxa7115
 #41

If you are a trader then stop selling, even if price crashed down to $50 keep holding your coins, only newbies without enough experience would fall for whales tricking them causing panic sell.

I need to teach a lesson, if you buy at $1800 then do not sell lower $1800 under any circumstances what so ever if every single buyer refuses to sell with loss then how would you suggest the price to drop?
How many bitcoins do they have? let them dump as it benefits the medium class traders providing an opportunity for them to buy cheaper.

I am begging you when you buy at any price, don't sell with loss because then price will start to go down, and guess who is buying from you when selling lower than what you bought? exactly the same whales sold you those coins, that circle never ends if you keep doing this.
The problem with that strategy is that your money is going to be there doing nothing for a long time, and most traders will prefer to take a small loss and then reassess the market and look for a better opportunity to trade, so while what you say makes sense is not a strategy everyone wants to follow.
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May 15, 2017, 12:42:37 AM
 #42

Correction is always the next thing to happen every increase or decrease. Bitcoin is still being mined. It is the right thing to do when you want profit. We must not sell lower than the price you bought. So don't rush to buy. Wait until the price is in it's low key. Just wait then it's worth it. Well, rest assured.
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May 15, 2017, 02:10:00 AM
 #43

At moment of this post, it's 1650USD, which is almost -240usd vs high point 1890, Bitstamp data.

So how far you think it may go? Or at what price you are going to enter?


well it didnt go very far down im thinking as its now May, 15th, 2017 at 2:07 am UTC at currently listed at market value of $1793.00
i imagine that value will continue to rise while every now and then going down about $1-300 every half a week to a week or so but will continue to rise faster then these dips will be able to make it continually decrease. my advice is to wait for these little dippers and buy btc as soon as you see them then wait 24-36 hours later and see that you will have made a profit already.
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May 15, 2017, 07:37:34 AM
 #44

At moment of this post, it's 1650USD, which is almost -240usd vs high point 1890, Bitstamp data.

So how far you think it may go? Or at what price you are going to enter?
I think price will not dump to that point in future so that was the last chance for anyone to buy cheap bitcoins at under $1700. There is strong support right now at $1700 so buying at around $1700 right now can still be profitable.
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May 15, 2017, 08:53:15 AM
 #45

Correction is always the next thing to happen every increase or decrease. Bitcoin is still being mined. It is the right thing to do when you want profit. We must not sell lower than the price you bought. So don't rush to buy. Wait until the price is in it's low key. Just wait then it's worth it. Well, rest assured.

Same thing I noticed in this month starting as well. Price seems higher than the chart in bitstamp. You could have hold the bitcoin for a year this would help you see double the value.
Do don't ignore the buying still it is good in bitcoin.
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May 15, 2017, 08:53:44 PM
 #46

At moment of this post, it's 1650USD, which is almost -240usd vs high point 1890, Bitstamp data.

So how far you think it may go? Or at what price you are going to enter?
I think price will not dump to that point in future so that was the last chance for anyone to buy cheap bitcoins at under $1700. There is strong support right now at $1700 so buying at around $1700 right now can still be profitable.
I don’t know about that the price still seems very high to me, if it got below 1500 then I would consider buying bitcoin but at the current price there is no guarantee bitcoin is going up once again so soon so it is better to play it safe at the moment and wait.
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May 15, 2017, 09:22:39 PM
 #47

Still waiting for the correction to below 1,500 because I still felt the bull was a bit too much on afterburn. Because the longer it takes, the more extreme I suspect it could be.

However, if this blip below 1,700 is it (or was it) then Bitcoin is a hell of a lot tougher than we thought.

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May 15, 2017, 09:31:34 PM
 #48

Correction is always the next thing to happen every increase or decrease. Bitcoin is still being mined. It is the right thing to do when you want profit. We must not sell lower than the price you bought. So don't rush to buy. Wait until the price is in it's low key. Just wait then it's worth it. Well, rest assured.
yes no doubt that the price of bitcoin can take correction at any time but still we can see that the price of bitcoin trading too stable and my personal view is that still there is time for the price of bitcoin to take correction  and the price of bitcoin is expected to increase more and more in near future. and hope that tell the end of 2017 the price of i bitcoin will cross 3000 USD level. therefore  i think that the price of bitcoin is still expecting to increase.

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May 15, 2017, 11:11:18 PM
 #49

I did have book some profit around $1800 and i am waiting to see whether the price could hold above $1700 because it has a strong resistance that that valuation, i am not sure when the SEC news will be coming out and if there is a rejection news then we would see a small correction but not expecting any drastic dump.

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May 15, 2017, 11:28:29 PM
 #50

I did have book some profit around $1800 and i am waiting to see whether the price could hold above $1700 because it has a strong resistance that that valuation, i am not sure when the SEC news will be coming out and if there is a rejection news then we would see a small correction but not expecting any drastic dump.

its good for you and i hope you can make another profit with the up and down of the price. i hope that after the SEC news is coming out, the price is not affected too much and the price will still increase and i guess many of us wants this is happen too. we will be more happy if the price can break until more than $2000 as the price looks like too difficult to break at that point. and for the correction price, i hope it will not to go down until $1500.

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May 18, 2017, 10:11:26 AM
 #51

Still waiting for the correction to below 1,500 because I still felt the bull was a bit too much on afterburn. Because the longer it takes, the more extreme I suspect it could be.

However, if this blip below 1,700 is it (or was it) then Bitcoin is a hell of a lot tougher than we thought.

You are still waiting?

From today's point of view it already seems to be quite un-likely.

However there is always the huge risk in scaling issues, with 200k un-confirmed transactions, hope it could make some more noises to either push the thing forwards, or make the price calm down a bit more.

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wxa7115
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May 20, 2017, 06:46:36 PM
 #52

Still waiting for the correction to below 1,500 because I still felt the bull was a bit too much on afterburn. Because the longer it takes, the more extreme I suspect it could be.

However, if this blip below 1,700 is it (or was it) then Bitcoin is a hell of a lot tougher than we thought.

You are still waiting?

From today's point of view it already seems to be quite un-likely.

However there is always the huge risk in scaling issues, with 200k un-confirmed transactions, hope it could make some more noises to either push the thing forwards, or make the price calm down a bit more.
Bitcoin is not giving any signs that is going to stop this is good news and bad news, it is good news because this means there is great confidence on bitcoin and people are finally realizing the great value of bitcoin and it is bad new because like always we would like to have bought when the price was lower.
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May 20, 2017, 07:06:09 PM
 #53

Still waiting for the correction to below 1,500 because I still felt the bull was a bit too much on afterburn. Because the longer it takes, the more extreme I suspect it could be.

However, if this blip below 1,700 is it (or was it) then Bitcoin is a hell of a lot tougher than we thought.

You are still waiting?

From today's point of view it already seems to be quite un-likely.

However there is always the huge risk in scaling issues, with 200k un-confirmed transactions, hope it could make some more noises to either push the thing forwards, or make the price calm down a bit more.
Bitcoin is not giving any signs that is going to stop this is good news and bad news, it is good news because this means there is great confidence on bitcoin and people are finally realizing the great value of bitcoin and it is bad new because like always we would like to have bought when the price was lower.

And I think that bitcoin is not merely gonna stop in the $2000 mark value right now, and the good news are really spreading across the world right now we are finally seeing some good value right here if it is not a good news for the ones that wants to buy bitcoin that badly then it is a good news for the bros that have bitcoin and waiting for it to step even further more.!
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May 20, 2017, 11:18:52 PM
 #54

Still waiting for the correction to below 1,500 because I still felt the bull was a bit too much on afterburn. Because the longer it takes, the more extreme I suspect it could be.

However, if this blip below 1,700 is it (or was it) then Bitcoin is a hell of a lot tougher than we thought.

You are still waiting?

From today's point of view it already seems to be quite un-likely.

However there is always the huge risk in scaling issues, with 200k un-confirmed transactions, hope it could make some more noises to either push the thing forwards, or make the price calm down a bit more.
Bitcoin is not giving any signs that is going to stop this is good news and bad news, it is good news because this means there is great confidence on bitcoin and people are finally realizing the great value of bitcoin and it is bad new because like always we would like to have bought when the price was lower.

And I think that bitcoin is not merely gonna stop in the $2000 mark value right now, and the good news are really spreading across the world right now we are finally seeing some good value right here if it is not a good news for the ones that wants to buy bitcoin that badly then it is a good news for the bros that have bitcoin and waiting for it to step even further more.!
I do not even think that today's price of a note is the last pointer. Audi light institute exactly everything is exactly the opposite, despite the fact that bitkoyn grew all in the price we are seeing. Besides growth, very active fluctuations in the market of currencies and how they will be, matters will need to be clarified.
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May 20, 2017, 11:58:13 PM
 #55

It is clear to me that there is a strong bullish trend that undoubtedly will lead the bitcoin price to unexpected levels this same year, but this fast movement will mean an understandable volatility for long in the bitcoin behavior, so we need to be patient to about emotional sell offs from time to time.
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May 21, 2017, 08:30:46 PM
 #56

Still waiting for the correction to below 1,500 because I still felt the bull was a bit too much on afterburn. Because the longer it takes, the more extreme I suspect it could be.

However, if this blip below 1,700 is it (or was it) then Bitcoin is a hell of a lot tougher than we thought.

You are still waiting?

From today's point of view it already seems to be quite un-likely.

However there is always the huge risk in scaling issues, with 200k un-confirmed transactions, hope it could make some more noises to either push the thing forwards, or make the price calm down a bit more.
Bitcoin is not giving any signs that is going to stop this is good news and bad news, it is good news because this means there is great confidence on bitcoin and people are finally realizing the great value of bitcoin and it is bad new because like always we would like to have bought when the price was lower.

And I think that bitcoin is not merely gonna stop in the $2000 mark value right now, and the good news are really spreading across the world right now we are finally seeing some good value right here if it is not a good news for the ones that wants to buy bitcoin that badly then it is a good news for the bros that have bitcoin and waiting for it to step even further more.!
Don’t get me wrong the price is fantastic, but hindsight is always 20/20 the one that has 10BTC probably is thinking why he did not bought 100BTC and the one that has 10000 is thinking why I did not get 20000, that is just human nature, and I’m sure we are going to see a lot of threads like that very soon.
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May 21, 2017, 10:27:02 PM
 #57

Still waiting for the correction to below 1,500 because I still felt the bull was a bit too much on afterburn. Because the longer it takes, the more extreme I suspect it could be.

However, if this blip below 1,700 is it (or was it) then Bitcoin is a hell of a lot tougher than we thought.

You are still waiting?

From today's point of view it already seems to be quite un-likely.

However there is always the huge risk in scaling issues, with 200k un-confirmed transactions, hope it could make some more noises to either push the thing forwards, or make the price calm down a bit more.
Bitcoin is not giving any signs that is going to stop this is good news and bad news, it is good news because this means there is great confidence on bitcoin and people are finally realizing the great value of bitcoin and it is bad new because like always we would like to have bought when the price was lower.

And I think that bitcoin is not merely gonna stop in the $2000 mark value right now, and the good news are really spreading across the world right now we are finally seeing some good value right here if it is not a good news for the ones that wants to buy bitcoin that badly then it is a good news for the bros that have bitcoin and waiting for it to step even further more.!
Don’t get me wrong the price is fantastic, but hindsight is always 20/20 the one that has 10BTC probably is thinking why he did not bought 100BTC and the one that has 10000 is thinking why I did not get 20000, that is just human nature, and I’m sure we are going to see a lot of threads like that very soon.

Bitcoin will be having more thread replies as of now because if the price good news and because of that more individual will get to know better behind it's good image today. Even those negative speculation from previous months of challenging days we experienced, but due to the demand of bitcoin, the price changes rapidly as it's correctuon to lots of negative thought that we heared; so that was being stopped eventually and current price is the proof of good effect.
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May 21, 2017, 11:23:10 PM
 #58

< $1000?

what do you mean uder 1000 dollar
you mean bitcoin price down until reach under 1000 dollar, i think is very dificult
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May 22, 2017, 04:45:02 AM
 #59

< $1000?

what do you mean uder 1000 dollar
you mean bitcoin price down until reach under 1000 dollar, i think is very dificult

this board has stopped being speculation board a long time ago, although you can still find some good stuff around here on occasions but it mostly is people guessing or sharing their wishes about bitcoin price not what they speculate based on some analysis, etc...

so don't read too much into what people say. it doesn't matter if it is talking about going up or down.

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September 10, 2017, 11:06:21 AM
 #60

Quick update on Bitcoin price

4,064 USD

Have we reached the bottom?

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