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Author Topic: WILL BITCOIN PRICE NEVER GO DOWN?  (Read 2180 times)
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September 02, 2017, 03:42:50 PM
 #41

Bitcoin prices always go up every day, and the price can not be stopped, if always like this, when bitcoin prices will go down?
Or will not the bitcoin price go down?
the decline in bitcoin prices is very possible, when there is bad news or news that negatively impacts the bitcoin will result in lower bitcoin prices. lately the bitcoin rises steadily because of the positive trait. yes hopefully in the future there will always be positive news for bitcoin prices to keep going up  Smiley
Actually the price of Bitcoin raise up recently just by trader or new investor are fearing missing out buying it.
Therefore, it accidentally created situation Bitcoin go to the moon while other altcoin increase too, like Monero, Litecoin, Ethereum Classic in past days.



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September 02, 2017, 07:12:44 PM
 #42

Bitcoin prices always go up every day, and the price can not be stopped, if always like this, when bitcoin prices will go down?
Or will not the bitcoin price go down?

Bitcoins value price continues to rise as a result of it's a secure haven from world instability. huge amounts of currency flow into Bitcoin for various reasons that embrace government management, devaluing currencies, unsure of economic stability and also the list goes on..Smiley
Some rumors about world war between United States and Democratic People's Republic of Korea has caused extreme stress, many people in Korea and Japan worry keep their FIAT have high risk. Therefore, they find other asset can keep safe their money when world war happening => Bitcoin and Gold are best choice.

Yes, I Agree  Wink

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September 02, 2017, 07:21:07 PM
 #43

You can't say that Bitcoin price will never go down because price corrections and dumps are inevitable, Bitcoin is volatile by nature. But I don't expect to see some extreme dumps, think that Bitcoin is over such scenario because with time it has become much more resilient.

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September 03, 2017, 12:56:21 AM
 #44

Bitcoin prices always go up every day, and the price can not be stopped, if always like this, when bitcoin prices will go down?
Or will not the bitcoin price go down?

Bitcoins value price continues to rise as a result of it's a secure haven from world instability. huge amounts of currency flow into Bitcoin for various reasons that embrace government management, devaluing currencies, unsure of economic stability and also the list goes on..Smiley
Some rumors about world war between United States and Democratic People's Republic of Korea has caused extreme stress, many people in Korea and Japan worry keep their FIAT have high risk. Therefore, they find other asset can keep safe their money when world war happening => Bitcoin and Gold are best choice.

Posts like these make me realize that the price of Bitcoin is being driven by fear.

Fear of missing out
Fear of the Economy
Fear of Central Banks
Fear of War

Sure, some adopters are in it for freedom and the financial morality behind it, but the vast majority don't know squat about the Fiat system and its drawbacks.

The price of Bitcoin is shielded with the media and billionaires, and only has room to go up with change in the economy.

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September 03, 2017, 01:51:16 AM
 #45

Bitcoin prices always go up every day, and the price can not be stopped, if always like this, when bitcoin prices will go down?
Or will not the bitcoin price go down?

Today it went down around $500, isn't it big loss for hours of trade?

Acting realistic on the market is the only way not to get harmed with this kind of crashes. If we get hypnothized by high price, we can make lots of mistakes. Imagine you bought bitcoin around $5000, this would cost you too much now.

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September 03, 2017, 05:56:20 PM
 #46

Bitcoin prices always go up every day, and the price can not be stopped, if always like this, when bitcoin prices will go down?
Or will not the bitcoin price go down?
For a price that always goes up we are hard to predict as well as the price down we can not predict it. But clearly there will always be a period in which prices rise and fall. And we will not know because of the fluctuating bitcoin properties.
At the present moment, it is pretty impossible for the prices to go down because all the big companies of developed countries like China, Canada, Japan, North Korea, USA, Germany etc are trading in bitcoins mostly. Almost 80 percent of bitcoins trading is done by China and it won't go down easily.

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September 03, 2017, 06:00:43 PM
 #47

Bitcoin prices always go up every day, and the price can not be stopped, if always like this, when bitcoin prices will go down?
Or will not the bitcoin price go down?

Rule 1 on cryptocurrenc market, never say "never" for bitcoin and altcoins. Whales are the market makers, and if they decided to make prices upside down, they will do this for sure. We can't prevent this from happenning.

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September 03, 2017, 06:03:53 PM
 #48

Bitcoin prices always go up every day, and the price can not be stopped, if always like this, when bitcoin prices will go down?
Or will not the bitcoin price go down?
For a price that always goes up we are hard to predict as well as the price down we can not predict it. But clearly there will always be a period in which prices rise and fall. And we will not know because of the fluctuating bitcoin properties.
At the present moment, it is pretty impossible for the prices to go down because all the big companies of developed countries like China, Canada, Japan, North Korea, USA, Germany etc are trading in bitcoins mostly. Almost 80 percent of bitcoins trading is done by China and it won't go down easily.
You mean 80% of bitcoins (which are in market circulation ) was handled by chinese people? rest of bitcoiners or world are sleeping? I dont think so chinese are trading 80% of bitcoins. And yes developed countries are using and increasing numbers of users from this countries.

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September 03, 2017, 06:13:15 PM
 #49

Bitcoin prices always go up every day, and the price can not be stopped, if always like this, when bitcoin prices will go down?
Or will not the bitcoin price go down?
Yesterday or today early morning bitcoin price was touched 5000$ but after few hours price was dropped to around 4555$ so we cant judge (correct judge) bitcoins price. Its better to move with bitcoin.

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September 03, 2017, 09:39:41 PM
 #50

Bitcoin prices always go up every day, and the price can not be stopped, if always like this, when bitcoin prices will go down?
Or will not the bitcoin price go down?
Bitcoins price will likely never go down but anything is possible in this world full of fuds and weak hands, it can go easily go down but i assure it wont dump like what happens in 2013.

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September 03, 2017, 10:00:40 PM
 #51

There is an upsurge now, I think that the price is going upwards because you get rid of the $ 4,500 level. I guess the reason for this price increase is because of the panic sales stoppage.



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Rainbot
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September 03, 2017, 11:58:35 PM
 #52

Bitcoin prices always go up every day, and the price can not be stopped, if always like this, when bitcoin prices will go down?
Or will not the bitcoin price go down?

Actually if we look at this time, bitcoin prices continue to rise even almost reach $ 5k in this month. But do not forget the bitcoin taka will never get out of the fluctuations, because it is a thing attached to bitcoin, so no one can really guarantee the bitcoin price will continue to rise. We can only hope it keeps happening. Bravo bitcoin.
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September 04, 2017, 12:01:15 AM
 #53

Bitcoin prices always go up every day, and the price can not be stopped, if always like this, when bitcoin prices will go down?
Or will not the bitcoin price go down?

Actually if we look at this time, bitcoin prices continue to rise even almost reach $ 5k in this month. But do not forget the bitcoin taka will never get out of the fluctuations, because it is a thing attached to bitcoin, so no one can really guarantee the bitcoin price will continue to rise. We can only hope it keeps happening. Bravo bitcoin.
Well, compared to the initial price at the beggining of this year we can say that it is not probably going to go more down than before.
But yes, just as you said, bitcoin markets are too volatile right now, one day they are up 10% and the next day all altcoins are in red.
But it will always depends on the news, the chineses markets, etc, everything affects the bitcoin price.

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September 04, 2017, 08:30:24 AM
 #54

Bitcoin is full of surprises and anything can happen in future and right now price is going higher but that doesn't mean that it will always go higher in future and there is a possibility of price crash too if we come across through any bad news so be wise in taking your decision buying or selling bitcoins.



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September 04, 2017, 10:46:57 AM
 #55

Bitcoin prices always go up every day, and the price can not be stopped, if always like this, when bitcoin prices will go down?
Or will not the bitcoin price go down?

Bitcoin price has gone down from the correction that we've seen that drove us from nearly $5000 to $4700, and again from $4700 to $4300.

The truth is that in a bubble everything seems to be going up and there is crazy profits that can be enjoyed by everyone, but as soon as something bad happens the market is extremely vulnerable and it can go downhill very quickly.

China banning ICOs will impact bitcoin negatively in the short term but i think that panic sellers will soon realise that btc is not actually what is mostly backing those ICOs but rather Ethereum, meaning that btc is likely to hold its ground quite firmly but altcoins will fall.

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September 04, 2017, 01:26:15 PM
 #56

The price of bitcoin now decrease and we dont know what will happen in the next few hours or in the next few days if its increase the price or maybe it will decrease again. But I hope it will increase again or you can buy a lot of bitcoin as of now and thats your chance to buy cheap bitcoin even the price is 4300 dollars but its not the current price because the current price before is 5000 dollars.

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September 04, 2017, 02:31:42 PM
 #57

Bitcoin prices always go up every day, and the price can not be stopped, if always like this, when bitcoin prices will go down?
Or will not the bitcoin price go down?

Bitcoin price has gone down from the correction that we've seen that drove us from nearly $5000 to $4700, and again from $4700 to $4300.

The truth is that in a bubble everything seems to be going up and there is crazy profits that can be enjoyed by everyone, but as soon as something bad happens the market is extremely vulnerable and it can go downhill very quickly.

China banning ICOs will impact bitcoin negatively in the short term but i think that panic sellers will soon realise that btc is not actually what is mostly backing those ICOs but rather Ethereum, meaning that btc is likely to hold its ground quite firmly but altcoins will fall.

It makes sense to me now that the crash was due to the Chinese government banning ICO that's why there a lot of investors has cash out because of the fear from it. But I think we may see a price movement going north in few days when Chinese will shift from ICO dominated ETH to bitcoin. ICO has been dominated by ETH, I believed ever since they accepted it as form of investment besides bitcoin. So I speculate that bitcoin will rebound back again to $4500-$5000 once the dust has settled. However, altcoin ecosystem will be greatly affected by this new, especially ETH. It's already down to ~$300 from a high of $400 just a few days ago. Let see how this pan out, but just like I guess this is a goods for bitcoin market in the coming days.
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September 04, 2017, 02:36:07 PM
 #58

The price will down anytime but it's depend on the situation, sometimes you see the price down only $200 but in the couple hour or a days the price will rise back, like i've said in the past actually we shouldn't care about this because what we should care is about how we take the advantages from increased and decreased price.

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September 04, 2017, 06:19:43 PM
 #59

The price will down anytime but it's depend on the situation, sometimes you see the price down only $200 but in the couple hour or a days the price will rise back, like i've said in the past actually we shouldn't care about this because what we should care is about how we take the advantages from increased and decreased price.

I think you are right Upto my knowledge. Why because, the price of any ALtcurrency must vary.Like wise,bitcoin also must vary due to some external factors. Two days back the price of bitcoin is around 4900$.Now it's around 4300$.Both the reach of peak value and move towards some low value is possible in bitcoin. Use the both for profit.

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September 04, 2017, 07:36:54 PM
 #60

You can't say that Bitcoin price will never go down because price corrections and dumps are inevitable, Bitcoin is volatile by nature. But I don't expect to see some extreme dumps, think that Bitcoin is over such scenario because with time it has become much more resilient.
yes that is right that no one can surely say that bitcoin price will never down. because some time the correction take place and the price comes down temporarily and after that it start increasing. some time when there is bad news related to bitcoin or any other cryptocurrency in such situation the price of bitcoin also fell down for some time therefore it is not right to say that bitcoin price will never fell down, but still we are hopeful that we are not going to face any bad news related to bitcoin and bitcoin price will continue increasing.



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