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Author Topic: Little panics like this are good  (Read 2352 times)
paolo099
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October 21, 2017, 07:16:19 AM
 #101

the panic didn't last much, price is keep rising since yesterday and now we're above 6k$, i guess it will kill rise until 25th, then nobody knows what can happen.
There would be a fisiologic drop but then it will steadily rise hiw way back
izumaki
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October 21, 2017, 07:25:16 AM
 #102

governments are responsible for the abject poverty in the world and people like dimon are no good to the economy of the states, if you know how much crypto currency have helped people in Africa establish their life and are surviving in it, then you would be greatful for seeing this invention in your life time, am proud of Bitcoins am proud to hold them
Nerman
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October 21, 2017, 07:34:40 AM
 #103

In a way I agree that somehow when there are little panics it is great especially for people who truly believes on bitcoin. Every time Bitcoin drops it is a good opportunity for long term and short term holders to buy. Panics are very common on all market not just crypto currency but the what i find amazing is Bitcoin recovers almost right away, within a few days we are around $5900 area. 



Chyton
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October 21, 2017, 11:24:08 AM
 #104

Historically a little panic is good, but a big panic is never good for long term growth of something in the world.
Anything that goes up will goes down eventually and anything that goes down will float back up eventually, usually a long term growth over something is always positive so we should look at the long term growth of bitcoins and cryptocurrency, not just sudden pump and dump in price.

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lombok
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October 21, 2017, 11:57:11 AM
 #105

many people are taking advantage of the panic ,, we can see it when china forbids ico. many people panicked and ended up selling cheap bitcoin and now bitcoin even bounced higher ....
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