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Author Topic: Price going below 2k$  (Read 3306 times)
iqlimasyadiqa
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May 27, 2017, 06:04:23 AM
 #21

Bitcoin price goes up, bitcoin price goes down. Bitcoin price goes up, bitcoin price goes down. Other times, the price stays the same. For all the people crying and moaning the price was rising too fast, well here's your chance to buy under $2k. Make sure you're set for the next leg up.
We are given the opportunity to buy bitcoin when the price decreases. But we must believe that bitcoin prices will rise again. Because when bitcoin prices do not rise then this is a thing to be regretted. Drastic decline is arguably reasonable because at last week there was a fantastic increase.
It is a common myth that Bitcoin is ruled by a majority of miners. This is not true. Bitcoin miners "vote" on the ordering of transactions, but that's all they do. They can't vote to change the network rules.
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May 27, 2017, 06:17:55 AM
 #22

I'll say it again. We are still missing any and all fundamentals. The network can't handle the transactions anymore. No decent privacy is maintained.
I'm still waiting on a transaction to confirm that i sent over 30 hours ago with normal fee.

The price will not rise this was pure hype bubble by Chinese whales as i've been saying all along. They are now taking profits on gullible people that think we will see 3k again. Good for them they are making hundreds of millions on y'all that don't dare to think for yourselves and just follow the hype.

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May 27, 2017, 06:28:28 AM
 #23

Drop of 400$ in just two days and it will probably go below 2k$, is that China dumping or something else? Will it cause the mass selling and buying once the bitcoin drops as low as it will? Or will the acceptance of bitcoin in Australia of 1st July recover the price as it was a few days ago?

Just a regular correction, its gone up way too fast in the last week and it will prevent a much bigger selloff in the future by correcting now. Remember bitcoin isn't meant to double in price every day it needs natural growth in both usage and price.
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May 27, 2017, 06:35:19 AM
 #24

Drop of 400$ in just two days and it will probably go below 2k$, is that China dumping or something else? Will it cause the mass selling and buying once the bitcoin drops as low as it will? Or will the acceptance of bitcoin in Australia of 1st July recover the price as it was a few days ago?

Just a regular correction, its gone up way too fast in the last week and it will prevent a much bigger selloff in the future by correcting now. Remember bitcoin isn't meant to double in price every day it needs natural growth in both usage and price.

These drop and bump are usual in bitcoin and everyone knows bitcoin price is volatile always in the price chart. However, hold the bitcoin in wallet itself for long term. Don't be panic about this dump and sells out.
I hope this value will be recovered in a week of time.
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May 27, 2017, 07:13:01 AM
 #25

if the continuous pump, the bitcoin price would go far lower and harder to go back to the high place; pumpers need to have a breath about this rise so they needed to sell some of them before they will be able to rise the bitcoin again. the bitcoin price affects the majority of altcoins as well. the dump might be a trap to sell your bitcoins so be aware of the price.

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May 27, 2017, 07:55:07 AM
 #26

if the continuous pump, the bitcoin price would go far lower and harder to go back to the high place; pumpers need to have a breath about this rise so they needed to sell some of them before they will be able to rise the bitcoin again. the bitcoin price affects the majority of altcoins as well. the dump might be a trap to sell your bitcoins so be aware of the price.

It was needed. And still need a lower correction. Around 1400$ would be good. And in 1 years BTC will be back to the top. I'm waiting for lower prices to buy a few btc.
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May 27, 2017, 07:57:22 AM
 #27

Drop of 400$ in just two days and it will probably go below 2k$, is that China dumping or something else? Will it cause the mass selling and buying once the bitcoin drops as low as it will? Or will the acceptance of bitcoin in Australia of 1st July recover the price as it was a few days ago?

The Drop in the bitcoin price is a sign that many are making decisions out of emotion and that is fear, they feel that they want to secure their bitcoin if the price drops, that is why we are seeing resistance right now, I say we should be calm and don't panic at all, and make this a opportunity in buying more bitcoin now that the price is making a drop and have a positive view always because even though bitcoin would drop slightly, it will always make it's way up!
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May 27, 2017, 08:26:42 AM
 #28

Good buying opportunity for those that missed the boat.

For those who did not buy have the opportunity to buy, but for those who bought in the  $2700 should be crossing the fingers to bitcoin back to reach the $2700 again.


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May 27, 2017, 09:09:01 AM
 #29

Good buying opportunity for those that missed the boat.

For those who did not buy have the opportunity to buy, but for those who bought in the  $2700 should be crossing the fingers to bitcoin back to reach the $2700 again.



You should never buy when the market is in FOMO mode!Mostly newbs make this mistake.
These guys now either have the patience to wait until we reach that high again, or will probably sell at a loss.
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May 27, 2017, 09:51:37 AM
 #30

I'll say it again. We are still missing any and all fundamentals. The network can't handle the transactions anymore. No decent privacy is maintained.
I'm still waiting on a transaction to confirm that i sent over 30 hours ago with normal fee.
It's a bit of an exaggeration, but I do happen to agree that Bitcoin needs to scale first in order to justify seeing its price break through whatever higher levels. But the thing is that you should point your finger to the miners involved in not allowing Bitcoin to scale. In several of your posts you keep mentioning the community and bla bla, but the community has barely any influence in this matter (they will at the time UASF becomes reality). Other than that, I don't understand why you keep mentioning that Bitcoin doesn't offer any privacy features. Bitcoin has never had any of these features, and it was not meant to have them in the future. Bitcoin's transparency is what people like about it. If you so badly need privacy for whatever reason, then use a Bitcoin mixer, or head over to certain altcoins that allow you to enjoy these features.
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May 27, 2017, 10:31:11 AM
 #31

Drop of 400$ in just two days and it will probably go below 2k$, is that China dumping or something else? Will it cause the mass selling and buying once the bitcoin drops as low as it will? Or will the acceptance of bitcoin in Australia of 1st July recover the price as it was a few days ago?

Bitcoin is in a free fall,just checked and see that price is down on all exchanges,red everywhere.Once again we can see that in cryptocurrency world nothing is impossible,from 2700$ to 1700$ in just 24-48 hours.Now we can speculate who is dumping-taking profit again,I do not think this is too important.Maybe is China back in the game or maybe someone decided to buy a new home and a luxury car Smiley


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May 27, 2017, 10:34:38 AM
 #32

cryptomarket is boomind, blockchain technology has a lot of new markets and the pople need BTC to enter in this business. btc value will rise egain. time to buy.
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May 27, 2017, 04:44:16 PM
 #33

I think the price drop of BTC has happened before so I think it'll pick up where it left off sooner or later. Don't think bitcoins price would lower than a $1000 though, we'll just wait and see what happens in the next few days.

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May 27, 2017, 04:47:19 PM
 #34

Bitcoin price goes up, bitcoin price goes down. Bitcoin price goes up, bitcoin price goes down. Other times, the price stays the same. For all the people crying and moaning the price was rising too fast, well here's your chance to buy under $2k. Make sure you're set for the next leg up.
We are given the opportunity to buy bitcoin when the price decreases. But we must believe that bitcoin prices will rise again. Because when bitcoin prices do not rise then this is a thing to be regretted. Drastic decline is arguably reasonable because at last week there was a fantastic increase.

A few days ago, the price was high, So I did not buy. Now the price is low, I bought some more.

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May 27, 2017, 04:49:58 PM
 #35

I managed to buy all the way down to $1900 today. I am thankful for this opportunity after having cashed out profits on the way up. For now I believe we have seen the worst from the correction, where we now can focus on going up again. If you look back at the kind of roller coaster that we have been sitting in, we have done extremely well. Everything above the $2000 level is what I consider to be a major achievement. Don't forget how long it took for the market to settle above the $1000 level -- it didn't came easy at all.
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May 27, 2017, 04:53:27 PM
 #36

The recent drop has at least made the transaction fees more affordable again.

Let´s not forget that some of the use cases of Bitcoin like micro-payments are only
viable if transaction fees are cheap.

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May 27, 2017, 05:00:04 PM
 #37

I am not too surprised to see the drop, after the ATH of $2700 everyone started selling it the drop was bound to happen. But as the situation looks as of now I don't think BTC will fall below $2000, recovering to $2700 might take time though.
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May 27, 2017, 05:12:14 PM
 #38

Well, it had made a lot of bitcoin holders tense, but now the price of back bitcoin has a price above $ 2000. Looking at the price in preev, I became convinced, that the bitcoin price definitely rose back and even became higher.

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May 27, 2017, 10:13:34 PM
 #39

Nah, normal weekend drop
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May 27, 2017, 10:32:25 PM
 #40

Today the price is $1,961  Shocked such a large drop these 2 days looks like it will drop more soon since we are experience of large price increase this year I think is it ok to experience of drop,. and i think the movement of bitcoin still the same as before. and i think its ok too  because our transaction fee is really increasing too when the price is increasing.

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