BALTA00 (OP)
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Activity: 116
Merit: 10
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June 07, 2017, 11:58:19 PM |
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Bitcoin going deep again.. sell now, buy later! watch up order books on tradeblocks https://www.tradeblocks.io/#btc |
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topper26
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June 08, 2017, 12:10:06 AM |
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Meh, gonna hodl and buy some more. If it drops I gobble some cheap coin if it rises I made money, it's a win win!
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richardsNY
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Activity: 1232
Merit: 1091
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June 08, 2017, 12:16:51 AM |
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It's funny how people directly come up with baseless predictions just because the price has gone down a bit. In current circumstances daily prices swings of $100-$200 are fairly normal -- definitely not something to be surprised/shocked about. People here are equally as volatile as the price is. If the price goes up, everything is fine for them, but if the price drops a bit, people lose all confidence. What a joke....
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topper26
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June 08, 2017, 12:20:40 AM |
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You have noticed that too?!
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Ken1022
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Activity: 56
Merit: 0
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June 08, 2017, 12:32:03 AM |
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Nothing to worry about, the values are still fairly normal actually, and price swings like these are expected for a market like Bitcoin.
A little more than a month ago, the average value of BTC was substantially lower compared to the present day. Several hundreds lower in fact. Based on the trend since the start of the year, we're likely in a long term hike - two steps forward, one step back, then two steps forward, one step back again and again.
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ktabb
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June 08, 2017, 12:53:22 AM |
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It will go back to $2k and below, but not yet. Bitcoin still has very, very strong upward momentum. I think it will see $4k before it sees $2k. I predict the top of the bubble will be $4k-$5k |
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PX-Z
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June 08, 2017, 01:13:16 AM |
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It should be  And after a while 2800 will come again or much more that's what traders earn when bitcoin price plays more often. |
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leowonderful
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Activity: 1624
Merit: 1129
Bitcoin FTW!
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June 08, 2017, 01:17:53 AM |
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I'm surprised there isn't more panicking this time around than there was last time. I guess people are getting used to the so-called dramatic drops in price. Traders are currently taking profits and it's likely we'll see sideways and up again jlike last time, don't you worry. We might even break over 3000 this time around.
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gokayc
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June 08, 2017, 01:18:59 AM |
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Here's hoping it finds stability back at $2500 for a bit.
Looks like now btc is coming that 2500 usd area again. |
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flower1024
Legendary
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Activity: 1428
Merit: 1000
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June 08, 2017, 01:31:19 AM |
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I'm surprised there isn't more panicking this time around than there was last time. I guess people are getting used to the so-called dramatic drops in price. Traders are currently taking profits and it's likely we'll see sideways and up again jlike last time, don't you worry. We might even break over 3000 this time around.
Now many investors know that the value of the bitcoin in the longer run because compared to last time now many businesses are accepting bitcoins as payment methods. So investors are more confident now and hence they will not worry much about these corrections instead they will wait for the price which they want to sell off. I'm also holding on few coins for the longer term and not selling now. |
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X-ray
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June 08, 2017, 02:22:50 AM |
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But it will never go $2000 again. i think $2500 should be a good resistance for the price of bitcoin get dumped as fast as possible. Bitcoin already touched the new ath and this mean the correction will come as soon as possible. |
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ASHLIUSZ
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June 08, 2017, 03:37:09 AM |
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But it will never go $2000 again. i think $2500 should be a good resistance for the price of bitcoin get dumped as fast as possible. Bitcoin already touched the new ath and this mean the correction will come as soon as possible. A price correction might happen in a short, but we cannot say with cent percent assurance that the price won't go anywhere below $2500, because what's happening with bitcoin is mostly unexpected, as it a speculative currency. Hope it won't reach $2000 anymore as the price correction for the past rise has taken it back to $2000 and got recovered creating a panic among the low volume holders in particular. |
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Pursuer
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Activity: 1638
Merit: 1163
Where is my ring of blades...
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June 08, 2017, 03:54:03 AM |
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It's funny how people directly come up with baseless predictions just because the price has gone down a bit. In current circumstances daily prices swings of $100-$200 are fairly normal -- definitely not something to be surprised/shocked about. People here are equally as volatile as the price is. If the price goes up, everything is fine for them, but if the price drops a bit, people lose all confidence. What a joke....
exactly! this board has turned into a "guessing" and "FUD"ing board rather than being a speculation board with some analysis done. people just come here and share their wishes. sometimes it is wish to reach $5000 by the end of the week and sometimes it is reaching $100 by the same time! so far as price goes, there is no reason for the drop apart from it being a correction at this point. because of that chance of $2000 is pretty low. worse case scenario we may see the dip continue to test $2600 bottom one more time |
Only Bitcoin
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Denker
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Activity: 1442
Merit: 1014
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June 08, 2017, 09:08:19 AM |
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But you know how easy it is to play with orderbooks right?! This is either just a dumb comment or a very lame attempt to FUD! Or you get paid by some idiot! No matter what it is, I see more and more guys like you popping up lately, like mushrooms, and barely delivering any productive content.At least try to back up your claim with some deeper analysis and not just a link! That is a pretty sad development lately! |
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1Referee
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Activity: 2170
Merit: 1427
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June 08, 2017, 09:53:38 AM |
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No matter what it is, I see more and more guys like you popping up lately, like mushrooms, and barely delivering any productive content.At least try to back up your claim with some deeper analysis and not just a link!
That is a pretty sad development lately!
I think it's mainly due to the fact that these noobs have missed out on buying at the time the price was still around the $1000 levels. These people are desperately trying to scare people off in an attempt to make them sell, so they miss out as well in case the price goes up further. It's disgusting how people here are trying to make others miss out, or even suffer losses, because they themselves have missed out or even lost. It's an ' I lost, so I will take you down with me' mentality. |
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cafucafucafu
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June 08, 2017, 10:33:32 AM |
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It's really tempting for me to sell now, however I feel like that if i do sell now it'll be a waste of effort. I don't think that bitcoin is going to go that low anyways even if there happened to be indeed a correction coming. I would much rather just hold for the long term. It seems like the right thing to do to at least put away a portion of your savings into bitcoin and just hold that portion no matter what happens - because after all you cannot make money with fiat, but you can with bitcoin. You're free to do w/e you deem best for your own situation though. |
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Vixmore
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June 08, 2017, 10:40:37 AM |
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I have already sold some of my Bitcoin, however, I am not selling all of it. This is because the price of Bitcoin is still quite volatile at the moment and if it continues to rise, I would have lost out on quite a lot of profit. I am also trading with the amount I still have which is also helping me make more money as the demand for Bitcoin is so high right now. |
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Kemarit
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Activity: 3080
Merit: 1353
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June 08, 2017, 01:20:06 PM |
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LOL dude. The price is still strong as of the moment. Its normal to see some daily swing of the price. I hope you are not just spreading FUD here, because member here hate it. Specially baseless speculation like yours. Just tell that you can't buy with the current price because its too high and we might have advise you to just wait if their is a correction in the future. But spreading lies, is not good. Although I think Cuban's tweets has somewhat cause some negative impact to pull the price to go down, it will be short lived. I speculate that in a matter of days, bitcoin price will touch $3000 so everyone better be holding on to their bitcoins. |
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YuginKadoya
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Activity: 3038
Merit: 1169
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June 08, 2017, 01:43:37 PM |
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LOL dude. The price is still strong as of the moment. Its normal to see some daily swing of the price. I hope you are not just spreading FUD here, because member here hate it. Specially baseless speculation like yours. Just tell that you can't buy with the current price because its too high and we might have advise you to just wait if their is a correction in the future. But spreading lies, is not good. Although I think Cuban's tweets has somewhat cause some negative impact to pull the price to go down, it will be short lived. I speculate that in a matter of days, bitcoin price will touch $3000 so everyone better be holding on to their bitcoins. I agree with you, increasing the unnecessary information about this things can make certain people hate you a lot just like what others speculating that bitcoin will just drop again after reaching the $2700 mark again, I guess the drop will not happen now and the increase would certainly continues, but I have seen some resistance and yes maybe because of what Cuban has spreading over the twitter may have cause some resistance that we see in the movement right now. |
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audaciousbeing
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June 08, 2017, 02:15:56 PM |
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I understand your basis for people to sell but you forgot that every situation presents its own opportunity and that's why myself and others who believe in it will buy now then wait. By the time others see, we will force the price up again due to the forces of demand and supply then sell by that time you will be counting your losses. |
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