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BCTBF
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October 25, 2017, 03:30:40 PM |
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The price of bitcoin is dropping again and if investors are watching the board they must started investing now. The last price was $6200 and if the correction will took place before the closing of this year buying bitcoin today can assure you a good return on investment since there's a lot of prediction that bitcoin will reach $7000 this December.
Perhaps that prediction will be happen, so it would not hurt to try because investing in bitcoin is no doubt. I'm personally pretty sure with $7000 at the end of the year because that is a price that still makes sense to be achieved in two months. |
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Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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Sahyadri
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October 25, 2017, 03:37:51 PM |
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This was expected. Bitcoin was overbought recently for BTG airdrop. A correction was natural. I believe Bitcoin will fall more and will stay in the range of $4500-$5000 until Segiwt2x. Now altcoins will boost up instead after a long dip period of weeks. But bitcoin will again gain momentum in second half of November and will stay bullish whole December. Price is sure to touch $7k before this year ends.
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FomoATH
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October 25, 2017, 03:42:56 PM |
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Everybody expected this fall. But I thought that it would be much stronger. Some analysts predicted the drop of bitcoin to 3000 dollars. Therefore, a small reduction in the price you should not worry
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erk
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October 26, 2017, 01:23:18 AM |
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Everybody expected this fall. But I thought that it would be much stronger. Some analysts predicted the drop of bitcoin to 3000 dollars. Therefore, a small reduction in the price you should not worry
Bitcoin Gold was never going to have much of an impact, so far it's just a crappy alt. launch, you can't even mine it yet. I think what happened is people got muddled up with Segwi2X which is still a way off. It may drop the BTC price to $3,000 until the market determines a real price again. |
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Nicol3
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October 26, 2017, 01:49:30 AM |
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Everybody expected this fall. But I thought that it would be much stronger. Some analysts predicted the drop of bitcoin to 3000 dollars. Therefore, a small reduction in the price you should not worry
Bitcoin Gold was never going to have much of an impact, so far it's just a crappy alt. launch, you can't even mine it yet. I think what happened is people got muddled up with Segwi2X which is still a way off. It may drop the BTC price to $3,000 until the market determines a real price again. Yes this is so true, Bitcoin God did not have that big impact and that maybe once of the reasons why bitcoins price was not that affected when the fork happened. But there is still a possibility bitcoin will still plummet to around $3000 before it tries to reach a new ath again. |
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OrangeII
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October 26, 2017, 01:58:11 AM |
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Well, right now, bitcoin prices have risen back to $ 5700. well, I really hope the bitcoin price is not at $ 5500. it is very unfortunate if bitcoin prices are at that price, but I guess there will be people who can take advantage of it.
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pinoyden
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October 26, 2017, 02:00:43 AM |
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Everybody expected this fall. But I thought that it would be much stronger. Some analysts predicted the drop of bitcoin to 3000 dollars. Therefore, a small reduction in the price you should not worry
yes , everybody predicted it and possibly it will happened after the fork has been done or established because many users will just dump their bitcoin after they got thier bitcoin gold. but i guess its ok and its just normal for its value to drop and theres nothing to worry or panic about it, because bitcoin will surely recover and we will see a another high next few months before the year ends. |
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michellee
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October 26, 2017, 02:53:36 AM |
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Everybody expected this fall. But I thought that it would be much stronger. Some analysts predicted the drop of bitcoin to 3000 dollars. Therefore, a small reduction in the price you should not worry
Bitcoin Gold was never going to have much of an impact, so far it's just a crappy alt. launch, you can't even mine it yet. I think what happened is people got muddled up with Segwi2X which is still a way off. It may drop the BTC price to $3,000 until the market determines a real price again. Yes this is so true, Bitcoin God did not have that big impact and that maybe once of the reasons why bitcoins price was not that affected when the fork happened. But there is still a possibility bitcoin will still plummet to around $3000 before it tries to reach a new ath again. i don't think that bitcoin gold will be one of the expensive coins because bitcoin gold is like bitcoin cash which already release and now the price is not too high. that is right that bitcoin price is fallen yesterday and now I think the price is trying to go back increase and I think the price will increase and decrease slower than usual. maybe the price is waiting another fork in November and this makes the price is not going to go higher but maybe will be back to reach $58xx-$59xx. |
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8270thNinja
Full Member
 Offline
Activity: 210
Merit: 100
busy in real life, long post gap is understandable
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October 26, 2017, 04:39:47 AM |
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apparently, Bitcoin is still on the "stable" trend and it's already up above $5500. Now the threshold is $5500 we can now easily say if Bitcoin is on the Down Trend movement or up trend movement.
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Cacingkemi
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October 26, 2017, 06:41:46 AM |
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The decline will happen ready ready for you to sell now to get a continuous profit,I see this decrease will happen until at 4k$-5k$ in november later you can buy back your BTC at that time.I also so but this is just a suggestion from me by the way all up to you because you decide when you sell.  I also feel that way, the price will go down bigger than before. So when the price starts to fall we should be ready to buy as much as possible, because my speculation after bitcoin drops there will be a very significant increase, maybe after the decline it will rise back beyond the previous price. Right dude I mean,BTC prices are now far and supported by many investors.It's beneficial to all of us and it is unlikely that the price will go down to 1K$ as it was then,as more and more who love BTC popularity make BTC increasingly explode.I think this year will keep the balance but the price will go down pretty much first. |
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phuclzu12
Member
Offline
Activity: 103
Merit: 10
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October 26, 2017, 03:59:41 PM |
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Everybody expected this fall. But I thought that it would be much stronger. Some analysts predicted the drop of bitcoin to 3000 dollars. Therefore, a small reduction in the price you should not worry
Bitcoin Gold was never going to have much of an impact, so far it's just a crappy alt. launch, you can't even mine it yet. I think what happened is people got muddled up with Segwi2X which is still a way off. It may drop the BTC price to $3,000 until the market determines a real price again. Yes this is so true, Bitcoin God did not have that big impact and that maybe once of the reasons why bitcoins price was not that affected when the fork happened. But there is still a possibility bitcoin will still plummet to around $3000 before it tries to reach a new ath again. No, I do not think the next bottom price will be below $3,000 again. Unless the price of Bitcoin become to the bearish trend. Ok, not only $3,000. Even it can goes down to $2,000 price range. If the panic happen strongly, below $2,000 is still possible. |
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erk
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October 27, 2017, 12:37:20 AM |
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Don't forget, without replay protection, Segwit2x could be a disaster if enough miners swing to it.
Think what it will do to the BTC confidence when people try and send B2X to someone only to discover they sent the same amount of BTC to the same address as well, or vice versa. The panic will be significant, people will stop doing transactions out of fear.
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Question123
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October 27, 2017, 02:05:51 AM |
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7k dollars for bitcoin before end of this year is very possible to happen because as of now the currently price of bitcoin is 6000 dollars and for sure maybe next month bitcoin will hit that the prive of 7k dollars and for sure it possible to happen also the price of 8k dollars before wnd of this year 2017. But we dont know when the price possible to decrease or to increase.
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BUK2016
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October 27, 2017, 02:42:18 AM |
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I have been following bitcoin price since the recent upwards price movement and I think $5875 has become the high and corrections has began. Checking price chart this morning I discovered that the down channel's line has been broken and that signal a dropped in buying momentum and price may get below $5,000. However, this is another opportunity to buy bitcoin at a very cheap prices as before the end of this year bitcoin might hit $7,000. This corrections is not going to be a long one, it might just be three to four days and we would resumes another upwards movement again.
Price correction happen almost every day, some time it might be small correction and big correction though, I do believe that the current market correction is just a minor one which is normal in Bitcoin price fluctuations and there is no course for alarm. |
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