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Author Topic: IS BITCOIN GOING BACK DOWN?  (Read 5298 times)
Sccit (OP)
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June 10, 2017, 02:47:26 AM
 #81

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.
It seems that you have problems with your eyesight, but have you thought of writing your post with all caps and then use a script that changes everything to lower case? On topic, I think the price of bitcoin is going to go down some but it is unlikely it is going to go that low we are very far away form that price and I think as soon as bitcoin get lower than 2000 a lot of people will begin to buy.

I THOUGHT ABOUT THAT, BUT IT'S TOO MUCH WORK FOR NOTHING.

THANKS FOR THE INPUT.
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June 10, 2017, 09:19:25 AM
 #82

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.

Looks like the opposite and I believe it is highly likely we will never see 1500 again, but we certainly will see 3000 very soon and 4000 not long after. The next big correction or crash in my opinion will only bring bitcoin back down to the 2000 range.
Other than profit booking by some whales, I am not finding any negative things which may drag the prices back to 2000 levels. A correction around $3000 is inevitable but I do not think it may last till $2000. Prices may come down up to $2600 levels after hitting $3150 ranges. I am sure bitcoin prices are heading toward $5000 levels and we expect that to happen before end of June.
I am sorry to say that I don’t agree with the point that the prices are going to hit $5000 till the end of June. There is no doubt that the price of the Bitcoin is increasing rapidly but still I can’t say that it is going to touch $5000 soon. It can only happen if a great development occurs in the Bitcoin acceptance as if some huge economy recognizes and legalize the Bitcoin as Japan do. Otherwise I am not expecting it more than $3300 in the June end.
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June 10, 2017, 10:10:37 AM
 #83

The price right now is good going and the scenario doesn't have anything specific to experience a downfall in value. Fluctuations with bitcoin is a common thing and this a way of gaining resistance for a price pumping. I believe, if it goes down too nothing to panic. Sure the price will get recovered.

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June 10, 2017, 10:27:33 AM
 #84

a downfall in value

Really?
For example, someone need to transfer funds in USD from New Yoork to Mexico, but use for this operation Ethereum or Monero.
Will this rapresent the lower request in BTC on the exchange market?

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June 10, 2017, 10:46:50 AM
 #85

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.
Hell no!
Dipping back to low prices of this range will see a shift of interest into other cryptocurrencies.
As you know by now other users are waiting for bitcoin to go as high as a million dollars and atm we waiting for bitcoin to break the 3000 dollar barrier.
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June 10, 2017, 10:56:35 AM
 #86

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.
Hell no!
Dipping back to low prices of this range will see a shift of interest into other cryptocurrencies.
As you know by now other users are waiting for bitcoin to go as high as a million dollars and atm we waiting for bitcoin to break the 3000 dollar barrier.

Yep. Bitcoin price will not go down to $1500 range. The price is too strong now and its like everyday the price is going up and rising. So I doubt, it will go down in the near future. It can even break the $3000 in matter of weeks now. Many big and small investors are putting cash on the market and the price will continue to go up until the end of the year. If you are planning to wait till it reaches $1500 then buy? I think you will have a lot of missed opportunity.

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June 10, 2017, 11:14:06 AM
 #87

It might definitely go down (not too much), but rest assured it will recover in no time. As I see the market right now, it's only going to rise.
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June 10, 2017, 09:02:59 PM
 #88

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.
No it is not right that bitcoin will go back to a range of $1500 but it will continue to increase in price and the range of bitcoin will reach to $3000 within this month. Experts are all in the favor of my expectations and some people are in the worry that bitcoin will drop but they are at wrong and they do not have much experience in bitcoin.
Are you kidding me? bitcoin will never reach $1500 again although there will be a big bad news about bitcoin that makes the traders and investors are feeling doubt to believe in bitcoin. around $2000 will be more reasonable at all.
Can’t say anything at the moment because currently the price of the Bitcoin is progressing and progressing well. We are looking forward for the price to hit $5000. Even if something bad happened like if the whales in the market extract their investment the price cannot come to the level $1500. The price effect can be around 20% of the current price to go down.
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June 10, 2017, 09:16:30 PM
 #89

A few deep red candles right now.

I hope it makes a few more reds. Got some $ ready to buy! lol
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June 10, 2017, 09:23:18 PM
 #90

A few deep red candles right now.

I hope it makes a few more reds. Got some $ ready to buy! lol

Uh... Maybe for you man. But the rest of us here is holding or at least most of us. Another few red candles we can deal with but obviously it wouldn't be good news at all. I really wish that bitcoin would just stay at the $2700-$2900 level. If the price keeps on jumping up then it'll be a Bubble economy and pop. Transaction fees will rise even further which obviously ain't good for the bitcoin economy.

I really can't foresee bitcoin going down to $1500 again. The floor is established pretty well at the $2000 level. It'll be a pain for the dumpers to even break $2500 initially. If it does go sub $2k then it'll be sure to rebound, so buy in with the little fiat you have left  Cheesy

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June 10, 2017, 09:24:18 PM
 #91

A few deep red candles right now.

I hope it makes a few more reds. Got some $ ready to buy! lol

Are you looking at 5 or 10 minute charts or what? Bitstamp just got down like $80, and Bitfinex just over $100, but that's really nothing considering the volatility and the hight of current levels. In recent days these are normal market movements, so there is no need to exaggerate things. If you want to buy so badly, you can do it directly as it doesn't really matter if you're buying your coins for $100 more or less.
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June 10, 2017, 09:45:27 PM
 #92

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.

No bitcoin price  cannot going back down to 1500$ because bitcoin price is going to already toward increasing and I don't think that the price of bitcoin is going to back down 1500$.
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June 11, 2017, 12:56:35 AM
 #93

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.

No bitcoin price  cannot going back down to 1500$ because bitcoin price is going to already toward increasing and I don't think that the price of bitcoin is going to back down 1500$.

I agree it will not go back to $1500  rather it will increase and break $5000 in the near future.
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June 11, 2017, 01:14:24 AM
 #94

A few deep red candles right now.

I hope it makes a few more reds. Got some $ ready to buy! lol

Are you looking at 5 or 10 minute charts or what? Bitstamp just got down like $80, and Bitfinex just over $100, but that's really nothing considering the volatility and the hight of current levels. In recent days these are normal market movements, so there is no need to exaggerate things. If you want to buy so badly, you can do it directly as it doesn't really matter if you're buying your coins for $100 more or less.
I still feel comfortable using bitcoin. Although there was a decline of up to 100USD, I am sure that this will only run for some time. Bitcoin prices will continue to increase, while several times only experienced a correction that many people think they have to sell bicoins they have. But this is the path to profit when they can still save the bitcoin they have.
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June 11, 2017, 03:04:12 AM
 #95

I can see it bitcoin will be coming down again after those investors get their profit out of the game of investments, because if they buy it cheaper from the previous time btc price decrease. When a price lowers down the reason why it will rise again is due to more are grabbing good oppourtunities that they seen from that price, that's why it rise back again and then after their investments they can sell what they've earned and take their profit.
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June 11, 2017, 03:09:40 AM
 #96

Ask anyone and you wont find the right answer.
It drops and it goes high. Anything can happen.
If you got friends with a high amount of bitcoin then maybe they could somehow create some movement in it.
But where will you find one.
Some are anonymous and other are millionaires which you could not get near too.
We just have to go with the flow.
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June 11, 2017, 03:13:21 AM
 #97

How could bitcoin go down at this point? remember past years bitcoins got little adoption so its prone to be dumped thats why we see some big dips happening it before but for now take a look on what countries adopted it and it could make bitcoins became more stronger so theirs no going back well be happen unto it but instead the one we can see is the price hike of bitcoins in future.

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June 11, 2017, 03:20:54 AM
 #98

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.

According to my bitcoin ever fall back on $2200 figures, along with the running time of the ascending return on akhirny bitcoin figures $2700 in mid-this month the difference $500. but for now bitcoin is getting almost ride towards $3000 figures may be this weekend or later this month
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June 11, 2017, 12:51:00 PM
 #99

It is possible it will dump at that value but we don't know when that will happen, but one thing is for sure. Bitcoin will do halving around 3 years from now.

The dump in the future is not the same in the past. Bitcoin now reach stable condition and that's mean that this current price now is the possible lowest price in the future.  Bitcoin is now starting to pump. Read the graphs to follow on what I'm saying.

Oh I actually read bitcoins graph, but I am not an expert on reading charts yet. Still practicing and doing more research too about bitcoin, it was just my opinion stating it is "possible" it will dump. There are a lot of reasons or possibilities why it will dump in the future but I'm hoping it will not happen though.

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June 11, 2017, 01:23:58 PM
 #100

How could bitcoin go down at this point? remember past years bitcoins got little adoption so its prone to be dumped thats why we see some big dips happening it before but for now take a look on what countries adopted it and it could make bitcoins became more stronger so theirs no going back well be happen unto it but instead the one we can see is the price hike of bitcoins in future.
Yes, I agree for the bitcoin the price going down is not something new it is normal for the bitcoin and currently there are no such chances to get the prices lower. Any uncertain situation can take the prices down only otherwise the increase that we are noticing in the price of the bitcoin is due to the great acceptance level from the people for the bitcoin which is real.
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