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Adbitco
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July 25, 2017, 11:56:50 PM |
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No time is panic time we already have seen such drop in bitcoin prices in the past that we should have got used to it and stay cool and calm as we know that the prices have fallen only to rise again and to rise higher than it were so instead of panic, take advantage of the price drop and buy more of bitcoins for prices are bound to go up again
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EdenHazard
Legendary
 Offline
Activity: 2674
Merit: 1048
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July 25, 2017, 11:58:16 PM |
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just dont panic because of the stupid rumours of hard fork, etc
bitcoin is the genesis and will always exist, just like internet does.
I agree, people are on panic just because of a lot speculation but in my view bitcoin always survive its downfall, people should realize that bitcoin is now being recognize by many country so meaning the price will always bounce back and goes even higher. i always think about the basic economics system where demands and supply takes a big roles here , and cosidering bitcoin has a fixed supply , it is just the matter of time to make bitcoin rare and people demands keep coming , it will guarantee the price of bitcoin skyrocketing! no wonder everytime the market in freefall there is always a bounce back later, i have no doubt in bitcoin. you just need to have a better point of view judging and deal with the panic selling time. |
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masterwakokok7
Member
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Activity: 112
Merit: 10
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July 26, 2017, 01:51:57 AM |
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just dont panic because of the stupid rumours of hard fork, etc
bitcoin is the genesis and will always exist, just like internet does.
I agree, people are on panic just because of a lot speculation but in my view bitcoin always survive its downfall, people should realize that bitcoin is now being recognize by many country so meaning the price will always bounce back and goes even higher. i always think about the basic economics system where demands and supply takes a big roles here , and cosidering bitcoin has a fixed supply , it is just the matter of time to make bitcoin rare and people demands keep coming , it will guarantee the price of bitcoin skyrocketing! no wonder everytime the market in freefall there is always a bounce back later, i have no doubt in bitcoin. you just need to have a better point of view judging and deal with the panic selling time. On point, Supply and demand really are the big factors in this industry. As a normal person, We have this side of us that when a sudden speculations comes up w/o us knowing the story behind it. This give the tendency of having a panic attack, which is attacking our psychological state. It's our nature, when panic attacks. We normally don't think about our decisions and the consequence along with it. Though, As seeing the trend. I must agree that even there are some fluctuations in the rates, bitcoin really been consistent that every fall after a while it will rise again. Patience, also been the key factor in this industry. |
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boyptc
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July 26, 2017, 04:18:25 AM |
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I dont think panic is good, as you can see the price of bitcoin fall, but after a weeks it bounce back and go even higher. so for me theres no reason to be on panic because i believe that the price of bitcoin will continue rise and hope to reach $4000 this year.
It's no time for panicking right now, we have enough time to hold and the price is good as usual. And let's have some long term plans in bitcoin because there's a lot of people who are saying that the price will be good at the end of the year. Be calm and patient which the movement of bitcoin and other alt coins as well. True. Just hold on your coins right now. No need to panic as we are smooth sailing and will eventually get a good price after Aug 1. There are a lot of speculation regarding the price, but I believed that we will reach new ATH, which means above $3000 is the projected price of bitcoin. So we need not to be nervous and just focus on earning more bitcoin because the future of bitcoin really looks bright so just stay cool and stay tune. Here we go again, it's done again. The whales already got some profit and the price is falling again now. Most of them now are just waiting for the new investors to come and before August 1 the price will likely to be seen on dip. And if I were you people just don't panic and do nothing with your bitcoins. |
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alexsamudra
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July 26, 2017, 08:07:40 AM |
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I do not panic with the declining bitcoin prices, because it happened in the past. The price may go down but it will rise higher again from the peak of the past. So do not panic yes, it's just the price of the price and it gets better again.
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JJriver
Full Member
Offline
Activity: 173
Merit: 100
W12 – Blockchain protocol
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July 26, 2017, 09:15:30 AM |
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I believe that if bitcoin falls due to bad news, then you need to buy coins at a low price in order to earn good money later. Now there is no reason for panic, you just need to save your coins.
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gribble
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July 26, 2017, 09:21:08 AM |
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I do not panic with the declining bitcoin prices, because it happened in the past. The price may go down but it will rise higher again from the peak of the past. So do not panic yes, it's just the price of the price and it gets better again.
Yes, bitcoin's price and another altcoins always fluctuate, that is good for the traders who search money from trading bitcoin's price goes down is time to panic buy for the people who doesn't hold the bitcoins, but everything depend on the trend of bitcoin's price, it will be more down or it is just a little goes down and then bitcoin's price will goes up again. |
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donnakaran
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July 26, 2017, 09:24:19 AM |
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It is just normal. There is always a place for good old correction since 2011  |
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BCTBF
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July 26, 2017, 09:37:42 AM |
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Now is not the exact time to panic because the issue of 1 august has been discussed earlier and we can see this news easily. So if prices fall now we do not need to panic.
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magmar
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July 26, 2017, 09:49:20 AM |
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According to my friend preev.com, as of press time, the value of Bitcoin is standing at $2,351. Though I would say that this still considered as a feat, some are worried because it almost reached $2,800 again after the correction that happened days ago.
I have read that the decline can partly be contributed to newcomers especially neophyte traders who still have to be well-versed on the market...and can easily be ignited to do panic selling once they can fell that anything can be wrong.
Against this backdrop...are you holding on to your Bitcoin or transferring it into another digital currency?
I am trying to only hold onto my Bitcoins because the price per coin is very likely to have a large price in the upcoming years. If I make a bunch of Bitcoins I will try to only sell portions of it instead of selling a whole Bitcoin for fiat. Yes bitcoins might fall but they will always come back up and it will rise again larger than they fall. That's why I'm still holding my bitcoins because I know it will always rise up on its fall. And besides panicking is not a key to everything. We should always stay calm and hold bitcoins. |
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djgtr
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July 26, 2017, 10:18:35 AM |
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According to my friend preev.com, as of press time, the value of Bitcoin is standing at $2,351. Though I would say that this still considered as a feat, some are worried because it almost reached $2,800 again after the correction that happened days ago.
I have read that the decline can partly be contributed to newcomers especially neophyte traders who still have to be well-versed on the market...and can easily be ignited to do panic selling once they can fell that anything can be wrong.
Against this backdrop...are you holding on to your Bitcoin or transferring it into another digital currency?
I am trying to only hold onto my Bitcoins because the price per coin is very likely to have a large price in the upcoming years. If I make a bunch of Bitcoins I will try to only sell portions of it instead of selling a whole Bitcoin for fiat. Yes bitcoins might fall but they will always come back up and it will rise again larger than they fall. That's why I'm still holding my bitcoins because I know it will always rise up on its fall. And besides panicking is not a key to everything. We should always stay calm and hold bitcoins. yes i also think that it will rise again we dont have to be panic on the falling down of bitcoin because it is not the first time that its price is getting low.after the low price is the high price nad so on and so fort.for me the best thing to do is to buy bitcoin when its price is low and sell it when the price is rise. |
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zekeshawn
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July 26, 2017, 11:25:50 AM |
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According to my friend preev.com, as of press time, the value of Bitcoin is standing at $2,351. Though I would say that this still considered as a feat, some are worried because it almost reached $2,800 again after the correction that happened days ago.
I have read that the decline can partly be contributed to newcomers especially neophyte traders who still have to be well-versed on the market...and can easily be ignited to do panic selling once they can fell that anything can be wrong.
Against this backdrop...are you holding on to your Bitcoin or transferring it into another digital currency?
I am trying to only hold onto my Bitcoins because the price per coin is very likely to have a large price in the upcoming years. If I make a bunch of Bitcoins I will try to only sell portions of it instead of selling a whole Bitcoin for fiat. Yes bitcoins might fall but they will always come back up and it will rise again larger than they fall. That's why I'm still holding my bitcoins because I know it will always rise up on its fall. And besides panicking is not a key to everything. We should always stay calm and hold bitcoins. yes i also think that it will rise again we dont have to be panic on the falling down of bitcoin because it is not the first time that its price is getting low.after the low price is the high price nad so on and so fort.for me the best thing to do is to buy bitcoin when its price is low and sell it when the price is rise. Yeah, I don't why people are on panic when all of this already happened many years ago but still bitcoin managed to get back and even soar high. Panic is for the people who do not put trust in bitcoin or for the newbies who did not made their research about bitcoin well. |
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Lampaster
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July 26, 2017, 11:30:43 AM |
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I see no reason to panic. Initially, the bitcoin was worth less than $ 2000. Now the price is $ 2542 so it grows. No Fiat money will not give you such growth rates. Deposits in any Bank more risky and less profitable.
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Finestream
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July 26, 2017, 11:58:15 AM |
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I see no reason to panic. Initially, the bitcoin was worth less than $ 2000. Now the price is $ 2542 so it grows. No Fiat money will not give you such growth rates. Deposits in any Bank more risky and less profitable.
Depositing your money in the bank is not a risky thing but it does not give profit because you are just saving your money for safekeeping. The risk is only investing in bitcoin but we want to increase our income so we will have to take that risk to invest and put what we can afford to lose. Bitcoin's price is falling and that is alright because we cannot expect a one direction movement, this is the normal market so let's keep calm and hold. |
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Rebisco
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July 26, 2017, 12:03:10 PM |
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According to my friend preev.com, as of press time, the value of Bitcoin is standing at $2,351. Though I would say that this still considered as a feat, some are worried because it almost reached $2,800 again after the correction that happened days ago.
I have read that the decline can partly be contributed to newcomers especially neophyte traders who still have to be well-versed on the market...and can easily be ignited to do panic selling once they can fell that anything can be wrong.
Against this backdrop...are you holding on to your Bitcoin or transferring it into another digital currency?
There is no reason for us to panic. Panic is just a disturbances for us. The bitcoin is volatile so it is normak that it will suddenly up or down. If the price of the bitcoin is goes down we don't need to panic because for sure it will rapidly goes up again. |
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Shutup
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July 26, 2017, 01:58:09 PM |
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According to my friend preev.com, as of press time, the value of Bitcoin is standing at $2,351. Though I would say that this still considered as a feat, some are worried because it almost reached $2,800 again after the correction that happened days ago.
I have read that the decline can partly be contributed to newcomers especially neophyte traders who still have to be well-versed on the market...and can easily be ignited to do panic selling once they can fell that anything can be wrong.
Against this backdrop...are you holding on to your Bitcoin or transferring it into another digital currency?
Yes bitcoiner are in panic now Some use to sell it In a cheaper price.Because they need money.For their daily needs.And to the bitcoiner savers that is the way for them to save plenty of bitcoins for the future to get them richer than now. |
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Kronos21
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July 26, 2017, 02:19:41 PM |
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I don't understand why so much ADO about nothing. We have long been accustomed to such jumps. Now the price is the same as it was in may, June to panic. The price depends on the demand. The less you fear the higher the price. Is that why all the alarmists to shut up finally?
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buharikx31
Sr. Member
Offline
Activity: 830
Merit: 258
WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
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July 26, 2017, 02:27:50 PM |
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I see no reason to panic. Initially, the bitcoin was worth less than $ 2000. Now the price is $ 2542 so it grows. No Fiat money will not give you such growth rates. Deposits in any Bank more risky and less profitable.
Yeah, if we compare % back which you will get using bitcoin it much higher then bank percentage, but it also depends on what country bank you will chose.cryptocurrency can give you back more then banks but it also more have more risks |
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mundang
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July 26, 2017, 03:02:46 PM |
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The current price is still a high one compare to the price where it hit $200 . Maybe all those people who are in a panic mode are the ones that are just starting to earn bitcoin or trade bitcoin in a high price. They dont have any info about the past price.
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albertvert
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July 26, 2017, 03:11:19 PM |
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I see no reason to panic. Initially, the bitcoin was worth less than $ 2000. Now the price is $ 2542 so it grows. No Fiat money will not give you such growth rates. Deposits in any Bank more risky and less profitable.
Depositing your money in the bank is not a risky thing but it does not give profit because you are just saving your money for safekeeping. The risk is only investing in bitcoin but we want to increase our income so we will have to take that risk to invest and put what we can afford to lose. Bitcoin's price is falling and that is alright because we cannot expect a one direction movement, this is the normal market so let's keep calm and hold. Ya you are correct Man.If you deposit your money in bank means you will only get Percentage of profit of the amount you deposit.But you inverse in bitcoin means, you will get double or triple of amount you inverse in bitcoin.From my point of view, Inverse in bitcoin is better than Inverse in Bank. |
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