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Author Topic: Bitcoins dropping in price  (Read 2162 times)
uvxy
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May 27, 2017, 09:49:12 PM
 #21

It's called price discovery and it's a beautiful thing.   There are very few markets/asset classes these days that are not manipulated or dominated by big banks and central banks,  Blockchain is one of them.  Enjoy the volatility.
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May 27, 2017, 10:05:17 PM
 #22

Price of bitcoin dropping is just consolidation it is very normal for price to embark   on correction mode, this is based on technical analysis of the candlestick pattern formed I am very sure the price will be bullish in few days to come meaning it will rise. Buyer should keep on buying now.

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May 27, 2017, 10:32:20 PM
 #23

Arrggghhhh I lost my balls. I'm down to 30% crypto. Marc I admire your bravery still in at 70%. Bitcoin is all over the mainstream news which is concerning. Part of me just wants this bubble to burst. I'm mentally exhausted

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May 27, 2017, 10:32:40 PM
 #24

Price of bitcoin dropping is just consolidation it is very normal for price to embark   on correction mode, this is based on technical analysis of the candlestick pattern formed I am very sure the price will be bullish in few days to come meaning it will rise. Buyer should keep on buying now.

technical analysis is really helped for traders because they can see and make their analysis based on this technical and they can make their order buy with precisely and without any problem at all. this time i am sure that many people will buy bitcoin because the price is more cheap than yesterday so they can buy in large amount if they have big money. i think this it their opportunity to buy right now because i guess that in the future, they will not see this price again except if there is any dump with the price.
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May 27, 2017, 10:47:31 PM
 #25

I hope bitcoin price will recover again. Today the price dump and it will back again at 2000 dollars only. I think many people sell their bitcoin because they now afraid because many news the bitcoin price will crash anytime will happen. But I still believe in bitcoin they can recover even the price last few days its very high compared to the price today it is also high. Wait many projects , and many big investor for sure will invest to the bitcoin soon. So its better if you buy bitcoin and hold to make a lot of profit.

 
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May 27, 2017, 11:28:25 PM
 #26

At this point of unexpected volatility it is really hard to understand these huge movements in the bitcoin price that are making the work of traders something similar to a roller coaster.

Past year, in May, the bitcoin price was very, very stable and it was moving in a tight range of few dollars (450-550), and no one could predict this current level of price.

But I am convinced that speculators have a lot to do with this bubble, though I really want to be wrong and hope this $2000 mark become the new support level.
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May 27, 2017, 11:45:20 PM
Last edit: May 28, 2017, 12:43:15 AM by nethan1btc
 #27

At this point of unexpected volatility it is really hard to understand these huge movements in the bitcoin price that are making the work of traders something similar to a roller coaster.

Past year, in May, the bitcoin price was very, very stable and it was moving in a tight range of few dollars (450-550), and no one could predict this current level of price.

But I am convinced that speculators have a lot to do with this bubble, though I really want to be wrong and hope this $2000 mark become the new support level.

Speculators now has been challenged of this situations and their opportunity of having higher dumps from a price bubble will not be as good as they've been expecting to do. The bitcoin dropplig price did a greater impact of quick buying decisions that every investors that hopes a cheaper price compared from over $2000 dollar price increase at rapid encriment. That's why bitcoin price corrections will certainly took over the scenario of previous price bubble.
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May 28, 2017, 12:59:29 AM
 #28

It's either of two things: a healthy correction or a start of a bitter downfall. But as I see it, support on the $1800 seem to be strong upon further checking in exchanges. Strong support is indicative of a potential bull run ahead. Idk but somehow I'm inclined to buy some bitcoins first than regret it later—again.

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May 28, 2017, 01:46:18 AM
 #29

is crashing because everyone says it's crashing thus making people panic sell and making it crash
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May 28, 2017, 01:54:08 AM
 #30

Bitcoins have dropped in price because there has been a price correction.There is no need to worry about it .It is the best time for you to buy as much bitcoins as possible,and sell it when the price of bitcoins reach 3000$ which i guess would reach by september.
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May 28, 2017, 01:59:57 AM
 #31

Arrggghhhh I lost my balls. I'm down to 30% crypto. Marc I admire your bravery still in at 70%. Bitcoin is all over the mainstream news which is concerning. Part of me just wants this bubble to burst. I'm mentally exhausted

Dude, you need to chill a bit.  Take out of bitcoin what you want to reward yourself with - dump the rest in with a "do not care" attitude. 

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May 28, 2017, 02:02:30 AM
 #32

Who can please explain to me why Bitcoins price is dropping and going up steadily?


I am an expert in Bitcoins, but don't know how to know foresight of Bitcoin price

Can anyone explain?


If you are an expert of bitcoin why your rank is still newbie, but why not I try to explain a bit about this, something like this called bitcoin the price fluctuates (always changing), this change is determined by bitcoin users in the market, so nothing Can predict what bitcoin price will be like, but if you just want to know where the bitcoin price trend can be seen from the graph of MACD
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May 28, 2017, 02:52:34 AM
 #33

Bitcoin had skyrocketed in the last few weeks without a clear reason, so it was very likely that there would be a correction.

We're still above the record price of what, two weeks ago ? So basically we're still at a historically high price. Although the price seems stabilized or even going up again, I wouldn't be surprised if there was another drop.
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May 28, 2017, 04:06:12 AM
 #34

We are seeing a slow upward trajectory again. We might have hit the bottom already on this run. $2k seems to be the floor. We could be heading towards a stable period now before the next big storm. Next week will be very interesting.
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May 28, 2017, 04:38:08 AM
 #35

Who can please explain to me why Bitcoins price is dropping and going up steadily?


I am an expert in Bitcoins, but don't know how to know foresight of Bitcoin price

Can anyone explain?
This is due to the demand , that get down .
From one week I didn't see the price rate chart at the international market because the price was much higher in my country because the demand speedly increases .
But 1 day ago a news came for the Bitcoin , that government will take action against the zebpay wallet ( where all the Indians can make buy sell of Thier Bitcoin easily ) for the all history and future transactions  .
This made the users of the Bitcoin in India worrying much about the future with the Bitcoin .
So due to this the demand of the Bitcoin goes down  and people selling their Bitcoin speedly to leave Bitcoin until a good news came for the Bitcoin use rule in India .
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May 28, 2017, 05:10:03 AM
 #36

Maybe bitcoin heard our cries that most of us were not able to purchase it at 2000$ when price reached 2600$ so it decided to just fall so that it can increase it's market cap and people are also happy.
This is actually happening maybe because people saw a good profit and when the price slowly fell many understood and started selling and because of thisnthe trend continued.
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May 28, 2017, 05:14:50 AM
 #37

Who can please explain to me why Bitcoins price is dropping and going up steadily?


I am an expert in Bitcoins, but don't know how to know foresight of Bitcoin price

Can anyone explain?
It is shocking about the drop which is big time in just a day and about the rise it is getting slow but steady.
All of this I think just came from the buying and selling part of bitcoin holders.
There might be someone who can identify to which it will go and they are really getting a lot of profit from the sell part 3 days ago then now they are purchasing bitcoin again.
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May 28, 2017, 05:21:44 AM
 #38

Who can please explain to me why Bitcoins price is dropping and going up steadily?


I am an expert in Bitcoins, but don't know how to know foresight of Bitcoin price

Can anyone explain?
It is shocking about the drop which is big time in just a day and about the rise it is getting slow but steady.
All of this I think just came from the buying and selling part of bitcoin holders.
There might be someone who can identify to which it will go and they are really getting a lot of profit from the sell part 3 days ago then now they are purchasing bitcoin again.
well since that this is an speculation thread i wonder maybe its just a big whales who shaking the price as we seen how they pushed the price up and let newcomers to purchased the coins and then drop it down up to this level and wait for the weak holders to sell it out and then grab everything and just repeating the same old process. better to think twice before falling to this.
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May 28, 2017, 05:36:03 AM
 #39

Price of bitcoin dropping is just consolidation it is very normal for price to embark   on correction mode, this is based on technical analysis of the candlestick pattern formed I am very sure the price will be bullish in few days to come meaning it will rise. Buyer should keep on buying now.
I think the price is only a temporary drop bitcoin it, will ultimately be very normal for a price correction mode, this is based on technical analysis at and I am very sure the price will be back in a few days will be increased, the buyer should determine to continue to buy now.
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May 28, 2017, 07:05:18 AM
 #40

Price of bitcoin dropping is just consolidation it is very normal for price to embark   on correction mode, this is based on technical analysis of the candlestick pattern formed I am very sure the price will be bullish in few days to come meaning it will rise. Buyer should keep on buying now.
I think the price is only a temporary drop bitcoin it, will ultimately be very normal for a price correction mode, this is based on technical analysis at and I am very sure the price will be back in a few days will be increased, the buyer should determine to continue to buy now.

The price is already going up. I think we have reached the short term bottom. The next stop is above $3000.
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