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Author Topic: IS BITCOIN GOING BACK DOWN?  (Read 5299 times)
Sccit (OP)
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June 05, 2017, 08:34:24 PM
 #41

Lol, this guy with his vision problem, how do you read everyone else's posts, that don't use CAPS?

Im looking to buy 1.2btc, and invest 0.2 in carefully chosen altcoins.

IN general I believe bitcoin will rise significantly in the next 5 years, and when it hits mainstream, the price will only go up thanks to ever rising demand and limited resource.


ITS VERY DIFFICULY FOR ME TO READ POSTS, BUT AT LEAST I CAN CONTROL MY OWN DESTINY.

I KNOW BITCOIN IS GUNA SKYROCKET EVENTUALLY.. I'M JUST SPEAKING SHORT TERM.
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June 05, 2017, 08:39:46 PM
 #42

Hi buddy welcome to the forum.

here is a quick guide on how to use the magnifier tool on your pc.

https://youtu.be/odqwkPJQS_Y

To open Magnifier using touch or a mouse
Swipe in from the right edge of the screen, tap Settings, and then tap Change PC settings. ...
Tap or click Ease of Access, tap or click Magnifier, and then move the slider under Magnifier to turn it on.
Magnifier will open in Full-screen view unless you change the settings.

Hope this helps you people will become frustrated if you constantly post in caps, but we understand your need for it.

I hope the bitcoin price dose come back down now there is much more interest world wide it it but the price being so high puts a lot of people out the markets at the moment.


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June 05, 2017, 08:41:06 PM
 #43

WHAT IS THE HONEST OPINION OF EVERYONE HERE?

WILL WE SEE A DIP BACK DOWN TO THE 1,500 RANGE OR NAAH??

SPEAK ON IT.
You have already the answer base on what you are seeing right now. Do you think bitcoin will go dip again? My answer is, bitcoin will never go back down from where it begin. 1500$? Forget about that price , well be seing 3000$ in a couple of months or maybe days only.
Right now the price is moving quickly in the forward direction. We cannot say that dip won't happen anymore, as nothing is completely assured with bitcoin. Price dip and pumping is the real nature of bitcoin. Hope dips won't happen anymore and the growth continues good moving towards the expected $3000.
yes you are Right the price of bitcoin is not going back down to 1500$ because in these days bitcoin is very strong and the investors of bitcoin is already increased and in future the price of bitcoin will be going to 3000$ and can't decrease after this price .
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June 05, 2017, 09:41:48 PM
 #44

How did you say that bitcoin is going back down? Can't you see it? Price is going up and it reached $2689 as of today in bitstamp. There is no indication of dip down. Seeing $3000 is more possible than the chance of seeing $1500 again dude.
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June 05, 2017, 09:46:21 PM
 #45

WHAT IS THE HONEST OPINION OF EVERYONE HERE?

WILL WE SEE A DIP BACK DOWN TO THE 1,500 RANGE OR NAAH??

SPEAK ON IT.

There is always a possibility especially if whales that is holding hundred of thousand of bitcoin will cash out.  But with the current trend i think it is far from happening.  I think bitcoin price will increase even higher and eventually reach $5k.



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June 05, 2017, 09:53:44 PM
 #46

WHAT IS THE HONEST OPINION OF EVERYONE HERE?

WILL WE SEE A DIP BACK DOWN TO THE 1,500 RANGE OR NAAH??

SPEAK ON IT.

i think you did not check the today price of bitcoin it is going up constantly, its price is now in 2600$ from 2400$, so how you are saying that the price of bitcoin is going down, i think its price in the coming months will also increase, it is right that after a big pump of bitcoin there is always dump but bitcoin always shows new record of its price.

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June 05, 2017, 10:17:05 PM
 #47

WHAT IS THE HONEST OPINION OF EVERYONE HERE?

WILL WE SEE A DIP BACK DOWN TO THE 1,500 RANGE OR NAAH??

SPEAK ON IT.

i think you did not check the today price of bitcoin it is going up constantly, its price is now in 2600$ from 2400$, so how you are saying that the price of bitcoin is going down, i think its price in the coming months will also increase, it is right that after a big pump of bitcoin there is always dump but bitcoin always shows new record of its price.

This is due to the current event and news about Bitcoins.  As of what is the content of news about bitcoin today, all of them point to bitcoin hype.  Adoption, start-ups, country acceptance, and RSK.  All of these can contribute to Bitcoin price increase since these news are all positive and may trigger a bitcoin increase rally.  So I think we won't be seeing Bitcoin at $1500.
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June 05, 2017, 10:28:34 PM
 #48

Bitcoin already took a dive when it hit below 2200 after hitting an all time high 2700+. Since then it crawled back to the current price. We can say this current price increase is the generic hike and this is well supported. So, it will be harder to pull the price down. It still can take a dip but most likely will not.
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June 05, 2017, 10:49:50 PM
 #49

In other words, in case we leave our coins with exchanges or online wallets, we will be able to withdraw, let's name it the SegWit coins, but the coins we would have in the other chain not?
Correct. However, if you make use of certain wallet services that happen to provide you with your private keys, then you'll be able to access the coins in both chains (obviously, that's assuming the wallet service in question doesn't claim/steal them).

Isn't that somewhat of a legal form of scamming people?
It could be seen as such, but in order to avoid being the loser, everyone should withdraw their coins from ANY site/service. Better safe than sorry.
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June 05, 2017, 11:43:46 PM
 #50

ITS CRASHING DUMP DUMP EVERYTHING AAAAQA caps make it true
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June 06, 2017, 12:08:41 AM
 #51

This is a filter of the market, market is filtering the weakest by luring them to the high prices, price goes up and the weak hands dump.

Price goes down as a result, market will push further than before and again other weak hands dump and the process continues to go on.

You could really stay strong if you either are dead and unable to dump or you have access to your keys but you are really strong like Satoshi.

In a system with a limited supply anyone dumping is basically giving away his/her own shares of the future.
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June 06, 2017, 01:13:59 AM
 #52

WHAT IS THE HONEST OPINION OF EVERYONE HERE?

WILL WE SEE A DIP BACK DOWN TO THE 1,500 RANGE OR NAAH??

SPEAK ON IT.

Bitcoin will probably have a drop to $1500 but there is no way to know for sure. The price is definitely going to have some fluctuation though.

 
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June 06, 2017, 01:32:14 AM
 #53

and when it hits mainstream, the price will only go up thanks to ever rising demand and limited resource.


Try to explain how it will work in range $2 - $25 payments in retail.

I'M JUST SPEAKING SHORT TERM.

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June 06, 2017, 03:38:45 AM
 #54

As for now we cannot really say a final word on bitcoin's price, because it's so unpredictable to monitor the current price pump and dump. If we hit that bigger price in the marketplace, there it happens a bigger price drop if more investors dump their bitcoin when they sell it for personal purpose of finances. But if not, price will continue to rise and when demand also rises many people were buying bitcoin for holding an investments.

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June 06, 2017, 05:18:46 AM
 #55

Don't see it dipping back to the $1500 range. It already has support at $2400. It is definitely on pace to scrape the $3000 by the end of the year.
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June 06, 2017, 05:32:46 AM
 #56

$1500? Are you serious?

If it went all the way down as far as $2400 I'd be very surprised and I'd jump at the chance to buy more at that low price.

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June 06, 2017, 06:09:26 AM
 #57

WHAT IS THE HONEST OPINION OF EVERYONE HERE?

WILL WE SEE A DIP BACK DOWN TO THE 1,500 RANGE OR NAAH??

SPEAK ON IT.

Most of this volatility is just normal for bitcoin and it does not worth stressed over simply because its temporary which is something that have come to stay with bitcoin at least for now until when we have enough entrants and the people coming in are not as much to change the market order. I am sure looking at the price now at this moment will give credence to this.
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June 06, 2017, 06:24:14 AM
 #58

My prediction, it will drop like a stone very soon, leaving a familiar looking double top like pattern on the chart.
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June 06, 2017, 07:18:01 AM
 #59

WHAT IS THE HONEST OPINION OF EVERYONE HERE?

WILL WE SEE A DIP BACK DOWN TO THE 1,500 RANGE OR NAAH??

SPEAK ON IT.

Most of this volatility is just normal for bitcoin and it does not worth stressed over simply because its temporary which is something that have come to stay with bitcoin at least for now until when we have enough entrants and the people coming in are not as much to change the market order. I am sure looking at the price now at this moment will give credence to this.

By looking our for its state now well provabilities that bitcoins price will never go down for this far since volatility on it is pretty much inserting its range so i would not think that this one will going to its upset state since it gains more strong trust to the community,Maybe we can see some little downfull but im pretty much sure that it will go back again and burst up for more.


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magneto
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June 06, 2017, 08:04:29 AM
 #60

WHAT IS THE HONEST OPINION OF EVERYONE HERE?

WILL WE SEE A DIP BACK DOWN TO THE 1,500 RANGE OR NAAH??

SPEAK ON IT.

I do think that bitcoin is going to go back down soon after this craze is gone. I mean there is simply no way that this pump is going to be sustainable. It would have been if it went up just $10 a day, but this is going up $200, $300 a day. If you want your money, sell your bitcoins as soon as possible. If you think that bitcoin is going up, still sell a portion but keep a small portion of bitcoin so that if another pump was to come you don't lose out.

I've already exited fully on my position on bitcoin. Microtransactions are now impossible pretty much to deal with. I'll get back in when the dump comes though.
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