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kandholabhavna
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September 13, 2017, 06:49:02 PM |
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I think that we might see anywhere between 3000 or 3500 in coming weeks. It needs a breather to organically grow further
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Eternu
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September 13, 2017, 06:53:01 PM |
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With all rumors going around the internet, about china ban on ICOs and stopping of local bitcoin trades, things has been going south. But those are mostly unconfirmed information. People are scared, and when people are scared they tend to do not so smart things, like selling their bitcoins. It will not take long before people start understanding that bitcoin is not dying, and they will start buying again. And we will continue where we were... simple as that  |
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MatrixMining
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September 13, 2017, 06:56:16 PM |
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There's nothing to worry about - just a long-awaited correction before another race up.
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Whiplash Wally
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Activity: 110
Merit: 10
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September 13, 2017, 07:00:00 PM |
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It will probably drop some more over the next few days, but the market seems to be holding up better than I expected it to. A month from now everyone will forget that this correction ever happened.
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Marry Finch
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September 13, 2017, 07:08:34 PM |
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Now is the time to buy bitcoin and etherium. After the recent ban on the ICO in China, the situation there will soon stabilize, the risky ICO will be removed from the crypto currency market (only in July-August this year they collected 750 million investments, and according to the People's Bank of China, 91 percent of ICO are illegal and fraudulent) this ICO will again be allowed. From this bitcoin and etherium will only grow stronger and start their sharp growth.
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kokskarl
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September 13, 2017, 07:19:37 PM |
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These dips are when all of us get the opportunity to buy more coins for fiat. I really don't mind them, I'm in it for the long term.
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hosseinimr93
Legendary
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Activity: 2436
Merit: 5401
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September 13, 2017, 08:45:35 PM |
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Now is the time to buy bitcoin and etherium. After the recent ban on the ICO in China, the situation there will soon stabilize, the risky ICO will be removed from the crypto currency market (only in July-August this year they collected 750 million investments, and according to the People's Bank of China, 91 percent of ICO are illegal and fraudulent) this ICO will again be allowed. From this bitcoin and etherium will only grow stronger and start their sharp growth.
I agree with you about bitcoin price rise in coming days. But I don't think the reason of recent price fall is ICOs ban in China. These fluctuations are completely normal in cryptocurrencies. |
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tk808
Legendary
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Activity: 1512
Merit: 1124
Invest in your knowledge
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September 13, 2017, 08:47:44 PM |
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Contrary to what anyone will say, no one actually knows the floor for any coin, even bitcoin, the best we can do is analyze past trends and try to see where the floor will be.
Regarding currencies, yes it is a good time to buy, but if you do buy, don't be surprised to see your investment decrease much further before the phantom floor is reached
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ahmadakbari
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September 13, 2017, 08:53:10 PM |
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Contrary to what anyone will say, no one actually knows the floor for any coin, even bitcoin, the best we can do is analyze past trends and try to see where the floor will be.
Regarding currencies, yes it is a good time to buy, but if you do buy, don't be surprised to see your investment decrease much further before the phantom floor is reached
Yes, It's possible that investors lose their money in short-term. That is what usually happens to impatient peoples. Now it's a good time to invest, do not panic if price decrease more and just wait. |
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Elpeor00
Full Member
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Activity: 346
Merit: 144
THE WORST EVER
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September 14, 2017, 12:25:27 AM |
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China's ban will not stop the scammy ICOs, if the scammer is out of china he/she will not even care about it, they just will put a "if you are a chinese resident please don't buy" in their announcementes.
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Toden1379
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September 14, 2017, 01:12:01 AM |
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Recent news from China and JPMorgan can, if not already, increase the FUD surrounding bitcoin. This in turn affects holders "emotions". Any competent trader worth his/her salt can read this and know that a dump is coming and starts doing massive sell offs in exchanges and cashing out, weakening bitcoin. This will be their "stop-loss". And when the dump does happen, they start buyin' at cheap. And everyone else joins the bandwagon.  I wouldn't worry much about this for now. Just sit back, watch the waves and wait for the tsunami! |
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je_jeph
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Activity: 117
Merit: 10
"One Token to Move Anything Anywhere"
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September 14, 2017, 01:17:23 AM |
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i think it will be for a few weeks only,still hope we can earn some profit to the moon maybe its only a mentality test for newbie like me hahahahaha |
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redboss
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Activity: 71
Merit: 10
GeoPin: Blockchain-based interface to the physical
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September 19, 2017, 07:12:54 AM |
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arpon11
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September 19, 2017, 07:24:26 AM |
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I think after a few days, people will start buying A LOT of BTC and will put us on the road to recovery.
Bitcoin and others cryptocurrency has started recovery and since the 13 September 2017 that you make this post bitcoin has make over 30% return and most of the popular altcoins also. The Jamie dimon comment that classified bitcoin as a scam was an idea to lower bitcoin price so they can buying cheap. |
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