Hello, BitcoinTalker!
I'm a new member, and I'm really excited to be a member here.
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I think September is worse month ever for Bitcoin. As we can see the price of its goes down rapidly China gov call for closing bTC exchanger, and Son of B*ch-Jame Dimon regarded Bitcoin as Fraud. I have just watched Coinmarketcap, and price now down to 3k$ already. The majority of buyers seem lower than before. Bitcoiners have lost their value so far.
SO do you think its price will down more in the next few days?
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And is that a good time to trade?
Thank everyone here for your replies!!
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Well, i think that $2k is very possible in the short run.
Usually when the bubble bursts, the price will adjust down to a level that is artificially low, and for months on end. People don't realize this often and therefore, it is a great time to buy in when the dust settles.
however, right now is probably not a good time to buy still as markets are still correcting and we could see more losses coming in soon.