YuginKadoya
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Activity: 3038
Merit: 1169
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July 02, 2017, 02:43:26 PM |
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I only worried about BTC could rise to the maximum limit that I couldn't even buy a single fraction of it. nevertheless this is something we all should looking forward for.
To be honest, I am more worried about this happening rather than BTC going down to $1,000 per coin. Right now, I have only a few mBTCs in my wallet. I am gradually increasing my BTC holdings, but it takes a lot of time and effort. My biggest worry is that BTC will rise too fast too soon. Then I will be having too few BTCs to cash out. Yup worry about if bitcoin would go up to the maximum capacity, well newbie will have a hard time taking up the ride over bitcoin, even if I want bitcoin to really go further beyond the limit, it is better to keep it slow, so we can really take the plunge in keeping a great buying and selling so we can have an exploitation towards bitcoin fluctuation over it's changing price.
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The_Dark_Knight
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July 11, 2017, 02:52:40 AM |
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anyone believing that a huge drop like this one could ever happen did not understand at all what adoption is, and why the current value is so high
bitcoin in japan is like fiat now, they are using it like legal currency, and there is no going back to this, this situation can only get better from now
the value reflect that, there is no way that we are falling under 2k anymore let alone 1k, just a delusional dream
In normal circumstances I will agree with you but you and I know that the value not only depends on fundamentals, it also depends on how confident people feel about bitcoin and at the moment there are mixed feeling towards bitcoin, segwit activation seem on the horizon but also a hard fork.
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celested
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July 11, 2017, 05:19:59 AM |
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So...The price is moving around $2,400 now-a-days and dropped from $3,000 & What about the future...Is going down to $1K maybe! I had received over $5K bitcoin payments and the price dropped within short-time its a massive drop and I'm under a huge loss. What to do I don't know. Its been risky to receive payments in Bitcoin now. The price may drop more and make you beggar overnight. Yes, the value of bitcoin is constantly decreasing, people are worried about its future, so they start selling it. This is affecting the entire crypto market.
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BCTBF
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July 11, 2017, 09:34:55 AM |
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I had received over $5K bitcoin payments and the price dropped within short-time its a massive drop and I'm under a huge loss. What to do I don't know. All you have to do is hold your bitcoin and be patient as the bitcoin price continues to fluctuate and this is common, if you can be patient to wait for the bitcoin price to increase again, I'm sure you will not suffer huge losses. Keep calm and do not panic. Bitcoin prices continue to fall but seems to refuse to go lower as it now stops at $2300.
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meebs
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July 12, 2017, 12:48:01 AM |
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I had received over $5K bitcoin payments and the price dropped within short-time its a massive drop and I'm under a huge loss. What to do I don't know. All you have to do is hold your bitcoin and be patient as the bitcoin price continues to fluctuate and this is common, if you can be patient to wait for the bitcoin price to increase again, I'm sure you will not suffer huge losses. Keep calm and do not panic. Bitcoin prices continue to fall but seems to refuse to go lower as it now stops at $2300. Anything is possible with bitcoins as price is going down continuously now so we may see price going below $2k in coming days but I don't think that there will be massive price crash which can take back it to $1k but be ready for some more decline in price in next few days.
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itsallpc
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July 13, 2017, 01:40:25 AM |
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So...The price is moving around $2,400 now-a-days and dropped from $3,000 & What about the future...Is going down to $1K maybe! I had received over $5K bitcoin payments and the price dropped within short-time its a massive drop and I'm under a huge loss. What to do I don't know. Its been risky to receive payments in Bitcoin now. The price may drop more and make you beggar overnight. Volatility is the main nature of bitcoin.But bitcoin has investors spread world wide now.We could see there is always a huge demand for bitcoins.So,in today's condition,i think its hardly impossible for bitcoin to return to $1000.Instead,after segwit activation,it may increase more in price.
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Question123
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July 13, 2017, 02:15:22 AM |
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They have possible to see bitcoin pricr back again to the 1000 dollars because like next month august 1 the price maybe will go down because bitcoin split or turn into so the orice possible turn into half. But I suggest instead of selling and saying bitcoin decrease I think this the right time to buy bitcoin because for sure you will make a lot of profit in the future. More bitcoin that you have more money come to you.
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Wayan_Pedjeng
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July 13, 2017, 04:59:23 AM |
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If there is a 50-50 split on August 1, then we can expect the combined market cap to take a hit. The current $40 billion market cap can dive to as low as $20 billion, or $10 billion for each coin. If that happens, then the exchange rates will be around $600 per coin.
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iamTom123
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July 13, 2017, 07:12:59 AM |
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One thing for sure...Bitcoin is a very unpredictable beast. Yes, there is a possibility (no matter remote) that Bitcoin can even go as low as $500 just because we all follow where the market is going. If one day, the market forces would dictate that it can go as low as that so let it be. However, I do strongly believe that Bitcoin will resist going down to that level and even your proposed $1000.
Yes, there is a big possibility that it can go as low as $2000 just before the August One event, but it will rise back so after that. That is just my prediction and and just another speculator here whose opinion can soon be worthless. Basically, I believe that Bitcoin is still possessing the correct fundamentals that can help it weather all the dark storms hovering on its skies.
Despite the many challenges of Bitcoin, let us all hope for its better and more rosy future.
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1Referee
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Activity: 2170
Merit: 1427
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July 13, 2017, 08:24:13 AM |
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If there is a 50-50 split on August 1, then we can expect the combined market cap to take a hit. The current $40 billion market cap can dive to as low as $20 billion, or $10 billion for each coin. If that happens, then the exchange rates will be around $600 per coin.
In case both chains remain active, which requires the alt chain to have a decent bit of support from certain miners, the alt chain will not have a value equal to the 'real' Bitcoin. In that case, it all comes down to what the market is willing to pay for that altcoin. Aside from the initial phase (where a pump might become reality due to the low number of circulating coins at that moment), I don't think this altcoin will end up holding more than 10% of the 'real' Bitcoin value. But these split speculations are as they are, just speculations, and thus don't hold any real value at this point. We may very well not experience a chain split at all.
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deisik
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Activity: 3542
Merit: 1280
English ⬄ Russian Translation Services
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July 13, 2017, 08:39:02 AM |
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If there is a 50-50 split on August 1, then we can expect the combined market cap to take a hit. The current $40 billion market cap can dive to as low as $20 billion, or $10 billion for each coin. If that happens, then the exchange rates will be around $600 per coin.
In case both chains remain active, which requires the alt chain to have a decent bit of support from certain miners, the alt chain will not have a value equal to the 'real' Bitcoin. In that case, it all comes down to what the market is willing to pay for that altcoin. Aside from the initial phase (where a pump might become reality due to the low number of circulating coins at that moment), I don't think this altcoin will end up holding more than 10% of the 'real' Bitcoin value. But these split speculations are as they are, just speculations, and thus don't hold any real value at this point. We may very well not experience a chain split at allAnd we may not see SegWit2x either Let alone just plain good new SegWit (which would obviously be a preferred option for ordinary users) as the matters stand now. In fact, it is a rather gloomy scenario for Bitcoin in the long run, though in the short term it may be somewhat beneficial. I mean to say that the price won't crash since there is no more escalating confrontation between the interested parties and thus no dumping war that would likely ensue (they get postponed for at least a few months). But there is no definite and final resolution of the current showdown either, which would be sort of healthy catharsis for Bitcoin
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Janation
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July 13, 2017, 09:00:47 AM |
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If there is a 50-50 split on August 1, then we can expect the combined market cap to take a hit. The current $40 billion market cap can dive to as low as $20 billion, or $10 billion for each coin. If that happens, then the exchange rates will be around $600 per coin.
But I don't think to see these price now, because if the bitcoin price will be hitting these low, it is starting now to dump. I think if it will be dumping it will be just at $1000 but will not go down in that line. With a lot of users and investors of bitcoin, it is really impossible to happen.
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Krimster
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Activity: 84
Merit: 11
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July 13, 2017, 09:32:46 AM |
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If we finally get no Segwit, no UASF, no nothing, colour me disappointed...it is pretty much a prove that Bitcoin will never move forward, and never reach mass usage, as current implementation precludes it. For me, it is only a matter of time before some altcoin dethrones it. And please, don't start arguing saying "but none uses other coins". That can change very quickly, specially once enough people realize that actually using crypto is far simpler than using a bank account.
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JosNekoKopa
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July 13, 2017, 11:10:08 AM |
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One thing i have learned on my skin not so long ago it was things are always different from expectations, and i believe this "situation" will be done smoothly and it will bring only good even better healthier rise. All unnecessary speculations are in order to cause instability, nothing more.
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ASHLIUSZ
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July 13, 2017, 01:22:26 PM |
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One thing i have learned on my skin not so long ago it was things are always different from expectations, and i believe this "situation" will be done smoothly and it will bring only good even better healthier rise. All unnecessary speculations are in order to cause instability, nothing more.
Bitcoin and majority of the other digital currencies were purely speculative. This makes the fluctuations happen in a manner creating panic mindset among the users through the uncertain nature of the system. I firmly trust that the price won't fall to $1000 or below that at any situation as the increase in users will create a demand for bitcoin causing a price increase rather than decrease.
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BigBos
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July 13, 2017, 01:37:19 PM |
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I do not know, I hope it will never happen, because if something goes wrong in August, I think it might happen, but hope it does not happen. All we can do is produce bitcoin
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killerfrost
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July 13, 2017, 04:23:30 PM |
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So...The price is moving around $2,400 now-a-days and dropped from $3,000 & What about the future...Is going down to $1K maybe! I had received over $5K bitcoin payments and the price dropped within short-time its a massive drop and I'm under a huge loss. What to do I don't know. Its been risky to receive payments in Bitcoin now. The price may drop more and make you beggar overnight. It's crazy when you say this. This will never happen to Bitcoin. Although its price has declined, I believe it will increase in the future as countries are slowly adopting it as a formal trading method.
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buwaytress
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Activity: 2996
Merit: 3701
Join the world-leading crypto sportsbook NOW!
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July 13, 2017, 04:31:01 PM |
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If we finally get no Segwit, no UASF, no nothing, colour me disappointed...it is pretty much a prove that Bitcoin will never move forward, and never reach mass usage, as current implementation precludes it. For me, it is only a matter of time before some altcoin dethrones it. And please, don't start arguing saying "but none uses other coins". That can change very quickly, specially once enough people realize that actually using crypto is far simpler than using a bank account.
Never moved forward? Has it been going backwards or even sideways with each update? Dethroning Bitcoin is one thing but displacing it is as crypto user is quite another. Even if the Flippening happened(thanks to ICOs no less) no one would just stop using Bitcoin and stick to an alt. The day I meet someone who started using an alt and never used Bitcoin is the day I will agree that Bitcoin has been dethroned.
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BCTBF
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July 13, 2017, 04:50:41 PM |
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I had received over $5K bitcoin payments and the price dropped within short-time its a massive drop and I'm under a huge loss. What to do I don't know. All you have to do is hold your bitcoin and be patient as the bitcoin price continues to fluctuate and this is common, if you can be patient to wait for the bitcoin price to increase again, I'm sure you will not suffer huge losses. Keep calm and do not panic. Bitcoin prices continue to fall but seems to refuse to go lower as it now stops at $2300. Anything is possible with bitcoins as price is going down continuously now so we may see price going below $2k in coming days but I don't think that there will be massive price crash which can take back it to $1k but be ready for some more decline in price in next few days. The price is now still stable at $2300, this is the same as yesterday at the moment stable at $2500. Now I'm very worried if the decline will happen again. Whether anyone can give speculation that is relevant enough if the bitcoin price will be pumped again after 1 August? Because I'm pretty sure bitcoin will not go back to $1000 even if later a chain split occurs.
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Oceat
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July 13, 2017, 05:26:43 PM |
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I had received over $5K bitcoin payments and the price dropped within short-time its a massive drop and I'm under a huge loss. What to do I don't know. All you have to do is hold your bitcoin and be patient as the bitcoin price continues to fluctuate and this is common, if you can be patient to wait for the bitcoin price to increase again, I'm sure you will not suffer huge losses. Keep calm and do not panic. Bitcoin prices continue to fall but seems to refuse to go lower as it now stops at $2300. Anything is possible with bitcoins as price is going down continuously now so we may see price going below $2k in coming days but I don't think that there will be massive price crash which can take back it to $1k but be ready for some more decline in price in next few days. The price is now still stable at $2300, this is the same as yesterday at the moment stable at $2500. Now I'm very worried if the decline will happen again. Whether anyone can give speculation that is relevant enough if the bitcoin price will be pumped again after 1 August? Because I'm pretty sure bitcoin will not go back to $1000 even if later a chain split occurs. It's just normal to see bitcoin dropping down because of the fluctuation rates but $1000 is too far to be worry more about. I think it's just too deep for bitcoin to drop to $1000 even if the chain will split this is way too deep. They drop to $1500 before that hard drop is all i know and they never go down below to that. I think the OP is in panic right now, he should keep his pace calm and wait for the results after August 1st. Think positive!
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3996
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