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Author Topic: IS THERE ANY POSSIBILITY OF A PRICE REDUCTION FOR FUTURE BITCOIN  (Read 2608 times)
marukochanx3 (OP)
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September 21, 2017, 10:48:27 PM
 #1

Bitcoin approved and discovered in the world on 2009 and the first price is $0.

And this the history and bitcoin table when discovered in the world from 2009.[Using USD Rate 2017]
2009 [Discovered] - 1btc = $0  Huh
2010 - 1btc = $0.1 - $0.08  Cry
2011 - 1btc = $0.75  Angry
2012 - 1btc = $9.04  Angry
2013 - 1btc = $301.20  Angry
2014 - 1btc = $753.01  Sad
2015 - 1btc = $451.81  Angry
2016 - 1btc = $828.31  Roll Eyes
2017 - 1btc = $3664.25  Shocked
 
From this list we know bitcoin is not stable , frequently make increase and reduction on price.

Is there a possibility of a decline in the price of the bitcoin future , in doing so we must make a choice better invest a bitcoin or not ?  Shocked
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According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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JL421
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September 23, 2017, 12:11:52 AM
 #2

I'm not sure about that i don't think you should wait for a price drop it has already fallen due to various reasons and i hope that the price won't fall further if you looking to buy at a lesser cost maybe 3200 would be a good entry point otherwise keep waiting
marukochanx3 (OP)
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September 23, 2017, 12:24:08 AM
 #3

I'm not sure about that i don't think you should wait for a price drop it has already fallen due to various reasons and i hope that the price won't fall further if you looking to buy at a lesser cost maybe 3200 would be a good entry point otherwise keep waiting

thank you for giving an opinion on my thread , maybe this a good idea . thnks u so much  Cool
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September 23, 2017, 01:34:27 AM
 #4

the reason why the price dropped significantly back then in 2014ish and 2015ish because of the exit scam by Mt.Gox and fake pump caused by them,
majority of Bitcoins back then was on Mt.Gox,because of that they're fakking the price and then make an excuse about their problem,
afterwards a lot of people suffered because of it and a lot of investors lossing their morale,
that is the reason why Bitcoin price dropped significantly and actually it's the real value of Bitcoin back then.
for now i can not see something like that,but decline will be happen until the next month.
but for this year i believe we will see another ATH as a history of our cryptoland.
$3000~$3500 will be happen in the next week or around that and then we will climbing to the top before the hard fork.

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betudontbet
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September 23, 2017, 01:40:00 AM
 #5

Bitcoin approved and discovered in the world on 2009 and the first price is $0.

And this the history and bitcoin table when discovered in the world from 2009.[Using USD Rate 2017]
2009 [Discovered] - 1btc = $0  Huh
2010 - 1btc = $0.1 - $0.08  Cry
2011 - 1btc = $0.75  Angry
2012 - 1btc = $9.04  Angry
2013 - 1btc = $301.20  Angry
2014 - 1btc = $753.01  Sad
2015 - 1btc = $451.81  Angry
2016 - 1btc = $828.31  Roll Eyes
2017 - 1btc = $3664.25  Shocked
 
From this list we know bitcoin is not stable , frequently make increase and reduction on price.

Is there a possibility of a decline in the price of the bitcoin future , in doing so we must make a choice better invest a bitcoin or not ?  Shocked

Market manipulation makes the price fluctuate in the past and nowadays.
Unless someone control at least 1/3 of the bitcoins in movement or many holders make it happen at the same time the price should be always very stable.
In the future mining is going to be harder, so expect the bitcoin price to increase no matter how many people will be holding or using them, as one day there will be no more bitcoins to mine and then the price will be rocket to the moon.
fishbonez11
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September 23, 2017, 01:48:21 PM
 #6

The rise and fall of bitcoin price is unevitable, I cannot say when a fall that would mark would happen, nothing is impossible.
thejaytiesto
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September 23, 2017, 02:16:30 PM
 #7

Bitcoin approved and discovered in the world on 2009 and the first price is $0.

And this the history and bitcoin table when discovered in the world from 2009.[Using USD Rate 2017]
2009 [Discovered] - 1btc = $0  Huh
2010 - 1btc = $0.1 - $0.08  Cry
2011 - 1btc = $0.75  Angry
2012 - 1btc = $9.04  Angry
2013 - 1btc = $301.20  Angry
2014 - 1btc = $753.01  Sad
2015 - 1btc = $451.81  Angry
2016 - 1btc = $828.31  Roll Eyes
2017 - 1btc = $3664.25  Shocked
 
From this list we know bitcoin is not stable , frequently make increase and reduction on price.

Is there a possibility of a decline in the price of the bitcoin future , in doing so we must make a choice better invest a bitcoin or not ?  Shocked

The only thing that I see is an obvious and steady progress when I look at the yearly pricess.

2013 retraced compared to 2014 ATH wise because of the MtGox debacle . The next year of 2015 had a lot of other FUDdish news, and generally it took these 2 following years after the 2013 crash for the market to recover confidence of Bitcoin.

Of course, the moment I started learned about Bitcoin, I started buying every month, so I bought while the rest of people were bitching and moaning during 2013-2015, now im obviously up and I can take a lot of damage until I would see myself losing money, so in the case BTC enters a long term bear market you know what to do.
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September 23, 2017, 02:18:38 PM
 #8

The rise and fall of bitcoin is a known thing in crypto market and if you cant deal with that then dont trade here. Bitcoin price is bound to increase in future and people who still doubt why this happens should learn the principle of cryptocurrency before making such statements.

In near future if big stubborn asses of finance make comments on bitcoin people will sell it and the prices will fall. If you are looking to invest in bitcoin that is the very moment that you must grab. Otherwise you will lose your opportunity. Place some buy orders for btc at lower prices and pray that they are touched, otherwise you just have to buy or market price which will be high relatively.

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September 23, 2017, 02:28:43 PM
 #9

Bitcoin will rise more but the way you put your data shows it is in an uptrend.
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September 23, 2017, 02:44:26 PM
 #10

The unstable price of bitcoin is one of the most thrilling scene which also makes the people attract to it mostly investors, they can see that it has not yet being fully bloomed and just undergoing some kind of upgrades and had not yet been fully utilized. There are also speculations that it will go down, whether its true or not, nothing is for sure unless it will come, and the chances that it might happen is high so lets not expect too much, if it happens it will really happen.
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September 23, 2017, 03:16:49 PM
 #11

Bitcoin is a speculative asset highly run by demand. There is nothing which is backing its value leaving demand and limited supply. The market can easily be manipulated by bulk holders or some bigger players by just propagating the false news as distribution is not uniform that we have already seen that in past. These things will keep on happening in future. But demand increase is in positive direction. Thus, price will rise but offcourse with fluctuations.
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September 23, 2017, 03:28:06 PM
 #12

It's hard to say. If we knew that we would all be rich. I do believe that the concept of crypto currency will not go away, and we will have a decentralized  virtual currency in the future. I hope it's bitcoin, and if nothing really bad happens it should be it, and the price will rise a lot. If a new coin comes along, or if something really bad happens and the community loses trust, then BTC will go to zero. Blockchain is amazing, and bitcoin should continue to rise with it. It's value is due to it's potential and the trust it provides for the community. Right now I would put my money on it, and I think the price will rise a lot more.
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September 23, 2017, 03:28:12 PM
 #13

Bitcoin approved and discovered in the world on 2009 and the first price is $0.

And this the history and bitcoin table when discovered in the world from 2009.[Using USD Rate 2017]
2009 [Discovered] - 1btc = $0  Huh
2010 - 1btc = $0.1 - $0.08  Cry
2011 - 1btc = $0.75  Angry
2012 - 1btc = $9.04  Angry
2013 - 1btc = $301.20  Angry
2014 - 1btc = $753.01  Sad
2015 - 1btc = $451.81  Angry
2016 - 1btc = $828.31  Roll Eyes
2017 - 1btc = $3664.25  Shocked
 
From this list we know bitcoin is not stable , frequently make increase and reduction on price.

Is there a possibility of a decline in the price of the bitcoin future , in doing so we must make a choice better invest a bitcoin or not ?  Shocked
Yes as long as the goverment will still attack the bitcoin and the decline will be happening. But crypto was pnd and that just become a usual thing in my opinion. Don't worry if you are seeing the price of bitcoin gets decline and it will be back as soon as the people will back to buy bitcoin again. . Cool

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sukamasoto
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September 23, 2017, 03:39:07 PM
 #14

As you can see that bitcoin value still fluctuating irregularly so that's why bitcoin consider as risky investment
But I'm sure that bitcoin will keep climbing since more people or even company such as Amazon start to accept bitcoin recently

.....

Is there a possibility of a decline in the price of the bitcoin future , in doing so we must make a choice better invest a bitcoin or not ?  Shocked


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September 23, 2017, 04:50:45 PM
 #15

By the table you provided, there was only once a dip, and it took half of the value away. This time it reached $5000, and now it's dipping, and for me it might reach $2500 if it continues bubbling up and down. Or maybe the value is currently in correction, because it just increased in value more than 200%,  it might be reaching it's potential value. But I doubt it dip anymore than $2500, and it might even not reach there.
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September 23, 2017, 05:00:46 PM
 #16

For the current market conditions i would place orders on 3 levels. first level of 3600 to secure some coins at this deep, an order on 3200 because there isn´t much support to that level and a speculative order on 2800 for huge gains. Then wait for BTC to hit 5k and take some profit, but don´t sell it all:)


Bitcoin approved and discovered in the world on 2009 and the first price is $0.

And this the history and bitcoin table when discovered in the world from 2009.[Using USD Rate 2017]
2009 [Discovered] - 1btc = $0  Huh
2010 - 1btc = $0.1 - $0.08  Cry
2011 - 1btc = $0.75  Angry
2012 - 1btc = $9.04  Angry
2013 - 1btc = $301.20  Angry
2014 - 1btc = $753.01  Sad
2015 - 1btc = $451.81  Angry
2016 - 1btc = $828.31  Roll Eyes
2017 - 1btc = $3664.25  Shocked
 
From this list we know bitcoin is not stable , frequently make increase and reduction on price.

Is there a possibility of a decline in the price of the bitcoin future , in doing so we must make a choice better invest a bitcoin or not ?  Shocked

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Ch1bi
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September 23, 2017, 05:04:32 PM
 #17

I think it's possible you'll see a slight reduction in bitcoin. I wouldn't expect a significant drop in the price of bitcoin like pre-2013, but with the upcoming hard fork of bitcoin we'll most likely will see a drop where you can buy in. Just keep in mind that the price of bitcoin will fluctuate and it's normal. 

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September 23, 2017, 05:21:47 PM
 #18

Yes, of course. Bitcoin is subject to wild price changes and will always be the case.  For tomorrow, bitcoin can decline in price or it could go either way. The winners on this kind of volatile investment are those who are patient enough to not sell even if it takes a heavy beating on price. Usually, the ones who are left holding the bag are those who loses, specially in the altcoin markets but in the case of bitcoin, the bag holders are the ones who triumph and have the last laugh.

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September 23, 2017, 05:56:41 PM
 #19

hell to the yes there is an immediate danger of a price reduction. the markets seemingly still havent recovered from the Chinese developments, and it seems like every week there is an additional government somewhere that is issuing a guidance about bitcoin, or trying to regulate cryptos in general. this is a good sign I think; its money, and thus will have to be accepted by the mainstream banking industry in order to be widely adopted. with that being said, bitcoin isnt very compatible with the way the banking system has worked up to this point, so they will most likely reject it instead of embracing it.

notice the focus on blockchains, and not bitcoin Wink
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September 23, 2017, 06:03:54 PM
 #20

What sort of question is this? Remember 2014-16? We were having continuous price decline during this time. The rates peaked at $1,230 per coin in December 2013 and it started sliding after news from China came out. Then in 2014 February, the Mt Gox robbery happened. The prices went on a free fall, and reached $200 per coin by 2016.

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