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Pearls Before Swine
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October 22, 2017, 11:34:37 PM |
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Nope, we're still very much in an upswing. Call it a 'pump' or whatever, but we're in the
middle of a very strong bull market. Yes, there was a little selloff, but look at how fast
bitcoin rebounded. I'm not one to make silly emotional statements regarding the bitcoin
market, but now is definitely not the time to sell.
However, the articles I've read here about people mortgaging their houses to buy bitcoin,
and that gentleman and the family who sold everything to buy it...that stuff has me
concerned about this being a bubble primed to pop. And that might be the case, but my
feeling is that we still have some time.
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crairezx20
Legendary
 Offline
Activity: 1638
Merit: 1046
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October 22, 2017, 11:36:13 PM |
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I feel this is nearly collapse sooner since the fork will nearly to done we will see holders will sell back bitcoin after they get the bitcoin gold...
And other holders are now confused because before its late they provably choose to sell their bitcoin just to getting benefits of the price increase from the past few days.. Hope others will stay holding until november..
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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 23, 2017, 12:37:07 AM |
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the decline will be happening after the dumping of Bitcoin Gold. which is i think is really near. bitcoin stays aove $5800 up to $6000. It should have been be back to $4000 if the uptrend is just for pump and dump.
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xFGND
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October 23, 2017, 12:58:25 AM |
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It's called a correction, not every up / down is a pump & dump.
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omnik
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October 23, 2017, 12:59:16 AM |
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the decline will be happening after the dumping of Bitcoin Gold. which is i think is really near. bitcoin stays aove $5800 up to $6000. It should have been be back to $4000 if the uptrend is just for pump and dump.
The trend depends on the market of the bitcoin itself and those are interesting to earn free money and after they are all getting it and i believe about that they will try to dumo it as fast as possible to take a lot of the profit. |
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Reatim
Sr. Member
Offline
Activity: 2828
Merit: 359
Eloncoin.org - Mars, here we come!
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October 23, 2017, 02:13:36 AM |
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I was out couple of days but the price seems to be on a roller coaster ride. This is a sign that the market is somewhat being pump, swings of $100-200 every hours has been the norm. Maybe there are somewhat from behind doing a pump and dump, right now the price is just below $6000, because someone has already cashing in and taking profit and advantage of the looming fork in 2 days time. This is just my honest opinion.
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hase0278
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October 23, 2017, 12:35:45 PM |
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The top is in i guess? lower low downtrend begins!
This aint a good sign since this somehow proves that bitcoin price now is manipulated. It might be wrong but the current price movement tells us that there is an entity out there trying to seize control of bitcoin price and this entity is someone with enough influence. Probably the top has already been reached and the chance of the current movement in price is the sign of the beginning of crypto winter. For now I think it is better to sell some bitcoin now rather than buy. |
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fulmetal08larz
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October 23, 2017, 12:50:00 PM |
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In my opinion, this kind of trend on bitcoin's price is normal. This is just the way it goes, probably most are taking profit who have set their goals at $6k mark. The price of bitcoin currently is not the end of it, it might hit around $7k probably next month, and I, personally think, that the $10k mark is not impossible to reach in the upcoming months and we'll probably see the new year 2018 with a big bang! I'll stick with my strategy of buying bitcoin when it hits the bottom, then sell once I obtained my goal/target price.
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lanyounanhai
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October 23, 2017, 02:24:32 PM |
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No, it is not just another pump and dump. Bitcoin is now strong enough to avoid these things. it is because people are very fascinated in what bitcoin can do and somehow, they can receive free coin from bitcoin, too. That is why people are buying bitcoin. Then, they will sell all of their bitcoin for profit. What a ridiculous world
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Rahar02
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October 23, 2017, 02:57:47 PM |
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Warning - Warning
Btc is down
Btc is down
Keep falling to $5666 right now.
Is it a sign of dump time? Still no clue, as bitcoin price predicted to get corrected in every ATH.
Yes, $6000 is a hot price right now and bitcoin struggling to stand at this point.
People buy and sell within days, afraid of missing out or fear if bitcoin price suddenly drop, but before BTG hard fork? I don't think so.
Bitcoin price suppose to increase as people expecting free BTG in few days later, look at yobit, btg trading reach BTC0.1
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BlackPanda
Legendary
Offline
Activity: 1414
Merit: 1001
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October 23, 2017, 03:07:46 PM |
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No, it is not just another pump and dump. Bitcoin is now strong enough to avoid these things. it is because people are very fascinated in what bitcoin can do and somehow, they can receive free coin from bitcoin, too. That is why people are buying bitcoin. Then, they will sell all of their bitcoin for profit. What a ridiculous world
Yes bitcoin prices are currently very stable and very strong to avoid the things that can make the price of corrected bitcoin. dump and pump is a very natural thing in the world of cryptocurrency, now also the state of bitcoin prices seems to have started to keep the lower limit, I see that bitcoin is very comfortable once in the price range 6000 $. This has to be maintained and I even expect the bitcoin price to be much higher than it is today. the opportunity is wide open and I feel that this is a thing worth waiting for many people. Bitcoin prices will again showed positive rhythm and we should make the best use possible. |
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ajochems
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October 23, 2017, 04:47:16 PM |
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No, it is not just another pump and dump. Bitcoin is now strong enough to avoid these things. it is because people are very fascinated in what bitcoin can do and somehow, they can receive free coin from bitcoin, too. That is why people are buying bitcoin. Then, they will sell all of their bitcoin for profit. What a ridiculous world
Yes bitcoin prices are currently very stable and very strong to avoid the things that can make the price of corrected bitcoin. dump and pump is a very natural thing in the world of cryptocurrency, now also the state of bitcoin prices seems to have started to keep the lower limit, I see that bitcoin is very comfortable once in the price range 6000 $. This has to be maintained and I even expect the bitcoin price to be much higher than it is today. the opportunity is wide open and I feel that this is a thing worth waiting for many people. Bitcoin prices will again showed positive rhythm and we should make the best use possible. Their will be a pump and dump in the price of bitcoin in the world of cryptocurrency,now the price of the bitcoin achieve the stable Rates.Many are saying,the price of bitcoin will increases till fork and after that the price will reduce some how and settle at a certain price.If this happen so,the price will be stable at 6000$ .At this year end the price will ,the price of bitcoin will reach the value of 7000$ You can see 10k$ in 2018. |
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Koadharber
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October 23, 2017, 07:03:08 PM |
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No, it is not just another pump and dump. Bitcoin is now strong enough to avoid these things. it is because people are very fascinated in what bitcoin can do and somehow, they can receive free coin from bitcoin, too. That is why people are buying bitcoin. Then, they will sell all of their bitcoin for profit. What a ridiculous world
Yes bitcoin prices are currently very stable and very strong to avoid the things that can make the price of corrected bitcoin. dump and pump is a very natural thing in the world of cryptocurrency, now also the state of bitcoin prices seems to have started to keep the lower limit, I see that bitcoin is very comfortable once in the price range 6000 $. This has to be maintained and I even expect the bitcoin price to be much higher than it is today. the opportunity is wide open and I feel that this is a thing worth waiting for many people. Bitcoin prices will again showed positive rhythm and we should make the best use possible. Their will be a pump and dump in the price of bitcoin in the world of cryptocurrency,now the price of the bitcoin achieve the stable Rates.Many are saying,the price of bitcoin will increases till fork and after that the price will reduce some how and settle at a certain price.If this happen so,the price will be stable at 6000$ .At this year end the price will ,the price of bitcoin will reach the value of 7000$ You can see 10k$ in 2018. We would eventually reach out those prices but wont really be on this year. Adoption would really takes place and these kind of pump and dump groups or people would really be new after all on this trading world.For now we did able to reach out $6k price but talking about 7k isnt really already possible at all. We can able to say such thing on where bitcoin is just like a usual stuff like on other altcoins. |
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Shinpako09
Legendary
Offline
Activity: 1988
Merit: 1015
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October 24, 2017, 01:56:52 AM |
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I don't think it was just a pump and dump, although it appears something like that. It happen everytime, it was expected to have a fall after a rise and also accompanied by fork this time so the next movement is really a fall.
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Unplugged
Full Member
Offline
Activity: 352
Merit: 100
Bitgesell (BGL) Decentralized Cryptocurrency!
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October 24, 2017, 11:53:42 PM |
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I doubt that the price climbs to $ 6000 it was pumping. It was predictable and has a logical explanation. I think that after Oct 25, we are waiting for this predictable decline. Those who are afraid of today's falling prices may not panic. I am sure that tomorrow the price will go up and maybe even reach 6500 dollars. Have patience and you will be rewarded.
Well said. The only question that remains it at what price would it be corrected. With Bitcoin and digital currencies patience is really the key. No one really anticipated that the pricing we have today will be reached when it was first released. |
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orions.belt19
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October 25, 2017, 12:13:50 AM |
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In my opinion, this kind of trend on bitcoin's price is normal. This is just the way it goes, probably most are taking profit who have set their goals at $6k mark. The price of bitcoin currently is not the end of it, it might hit around $7k probably next month, and I, personally think, that the $10k mark is not impossible to reach in the upcoming months and we'll probably see the new year 2018 with a big bang! I'll stick with my strategy of buying bitcoin when it hits the bottom, then sell once I obtained my goal/target price.
I’d like to agree that hitting the $10K would seem impossible in the upcoming months but we will still experience a price increase especially by the end of the year. I don’t think that this is just another pump and dump; as said, bitcoin is able to avoid this already unlike with other coins. Judging from the trend, its normal for bitcoin to experience this. It is but expected for their to be a price correction especially after experiencing a long rise in price. |
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neonshium
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October 25, 2017, 04:22:57 AM |
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the decline will be happening after the dumping of Bitcoin Gold. which is i think is really near. bitcoin stays aove $5800 up to $6000. It should have been be back to $4000 if the uptrend is just for pump and dump.
This is not a hard fork almost. We can say that it is just a correction by introducing of bitcoin gold just like bitcoin cash which was introduced before it in August. I am 100% sure that this hard fork would not harmful for bitcoin career/future. The price will suffer for the time being and will come down a little bit but not drastically which the people are assessing. I don’t think that the price will come down below $5200 and I am sure that the price will go up in a week time upto current highest value i.e. $6200. |
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arseaboy
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October 25, 2017, 05:06:59 AM |
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I doubt that the price climbs to $ 6000 it was pumping. It was predictable and has a logical explanation. I think that after Oct 25, we are waiting for this predictable decline. Those who are afraid of today's falling prices may not panic. I am sure that tomorrow the price will go up and maybe even reach 6500 dollars. Have patience and you will be rewarded.
Well said. The only question that remains it at what price would it be corrected. With Bitcoin and digital currencies patience is really the key. No one really anticipated that the pricing we have today will be reached when it was first released. that's correct who even bother to think that after several years the price will go as huge as what is showing right now, so even it was just a pumped for sure it will go up again we just need to wait for more people to invest with this system and bring more people to invest with them and surely new height again will be achieved. |
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n0ne
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October 25, 2017, 05:09:34 AM |
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the decline will be happening after the dumping of Bitcoin Gold. which is i think is really near. bitcoin stays aove $5800 up to $6000. It should have been be back to $4000 if the uptrend is just for pump and dump.
This is not a hard fork almost. We can say that it is just a correction by introducing of bitcoin gold just like bitcoin cash which was introduced before it in August. I am 100% sure that this hard fork would not harmful for bitcoin career/future. The price will suffer for the time being and will come down a little bit but not drastically which the people are assessing. I don’t think that the price will come down below $5200 and I am sure that the price will go up in a week time upto current highest value i.e. $6200. This seems to be similar to a price correction. Even it haven't happened Similar to a price correction, because during the past correction the price fluctuation was felt high and all of a sudden the growth once again got initiated to reach $4500. From that point the price started to increase with reference to the speculation that got circulated all around focusing the fork. Now bitcoin gold has got into existence without much growth being felt over the price of bitcoin. |
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Kiweikoo
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October 25, 2017, 09:53:26 AM |
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No, it is not just another pump and dump. Bitcoin is now strong enough to avoid these things. it is because people are very fascinated in what bitcoin can do and somehow, they can receive free coin from bitcoin, too. That is why people are buying bitcoin. Then, they will sell all of their bitcoin for profit. What a ridiculous world
You are right that bitcoin is so strong but I think a little dump will occur with the hard fork but this time bitcoin will cover the gape so soon and it is not that bitcoin will acquire the figure $6000, it will come upto $7000. Professionals are waiting to buy with low because they are not fool to go out this golden chance of earning. I hope at the end of this year the price will touch the figure $8000. Most probably this correction of bitcoin gold will prove better for bitcoin future. |
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