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Barbarian
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January 09, 2018, 10:47:07 PM |
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As volatile as Bitcoin can be, anything is always possible. For all we know, it could spike to $20k, but correct to as low as $5k.
It is very unlikely that is going to happen anytime soon or at all, 5k is a price that is simply too low if that happened there is going to be a rush to buy bitcoin at that price and that will make the price go higher in a matter of days or weeks, so a price like that is unsustainable. |
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Even in the event that an attacker gains more than 50% of the network's
computational power, only transactions sent by the attacker could be
reversed or double-spent. The network would not be destroyed.
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HELLOFF
Member
 Offline
Activity: 602
Merit: 10
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January 10, 2018, 07:29:22 AM |
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As volatile as Bitcoin can be, anything is always possible. For all we know, it could spike to $20k, but correct to as low as $5k.
It is very unlikely that is going to happen anytime soon or at all, 5k is a price that is simply too low if that happened there is going to be a rush to buy bitcoin at that price and that will make the price go higher in a matter of days or weeks, so a price like that is unsustainable. I think that it will be a terrible dream, when Bitcoin falls below the figure of 10,000 dollars and I think that then the world of crypto currency can in general comprehend the shock. To date, many people have bought Bitcoin for 15,000 dollars, in the hope that he will return to his maximum figure of 20,000 dollars. It does not happen until now, and Bitcoin goes down. It seems to me that the forecast of an air bubble is justified. |
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tee-rex
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January 11, 2018, 10:56:50 AM |
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As volatile as Bitcoin can be, anything is always possible. For all we know, it could spike to $20k, but correct to as low as $5k.
It is very unlikely that is going to happen anytime soon or at all, 5k is a price that is simply too low if that happened there is going to be a rush to buy bitcoin at that price and that will make the price go higher in a matter of days or weeks, so a price like that is unsustainable. I think that it will be a terrible dream, when Bitcoin falls below the figure of 10,000 dollars and I think that then the world of crypto currency can in general comprehend the shock. To date, many people have bought Bitcoin for 15,000 dollars, in the hope that he will return to his maximum figure of 20,000 dollars. It does not happen until now, and Bitcoin goes down. It seems to me that the forecast of an air bubble is justified. Falling a little below $10,000 won't be a big deal since we had been above that mark only for a month or two. If you bought your coins at higher prices, you may have to wait till Bitcoin rebounds massively. This happened in the past many times, so why should this time be different? In 2013-2014 Bitcoin crashed nearly 6 times but it still fully recovered in less than 3 years. But maybe waiting for a couple of years is not your thing either. |
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Barbarian
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January 17, 2018, 10:46:40 PM |
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As volatile as Bitcoin can be, anything is always possible. For all we know, it could spike to $20k, but correct to as low as $5k.
It is very unlikely that is going to happen anytime soon or at all, 5k is a price that is simply too low if that happened there is going to be a rush to buy bitcoin at that price and that will make the price go higher in a matter of days or weeks, so a price like that is unsustainable. I think that it will be a terrible dream, when Bitcoin falls below the figure of 10,000 dollars and I think that then the world of crypto currency can in general comprehend the shock. To date, many people have bought Bitcoin for 15,000 dollars, in the hope that he will return to his maximum figure of 20,000 dollars. It does not happen until now, and Bitcoin goes down. It seems to me that the forecast of an air bubble is justified. In this day there was a moment where bitcoin was below 10k but since then it has recovered and now it is above 11k the FUD has been very strong in the last days and this has been a problem for many of us but at the same time this has showed that a lot of new people got in bitcoin and now are panic selling. |
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xianbits
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January 17, 2018, 11:28:27 PM |
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In this day there was a moment where bitcoin was below 10k but since then it has recovered and now it is above 11k the FUD has been very strong in the last days and this has been a problem for many of us but at the same time this has showed that a lot of new people got in bitcoin and now are panic selling.
Yes. Those who just entered in this world are now in panic but those who have been here for quite some time are enjoying the current SALE of bitcoin and altcoins. I remember same time last year when bitcoin reached its ATH from December to early January (if I remember it right) and then start to fall in the 2nd week of January but then, what happened, it recovered that maybe no one has ever expected. |
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Barbarian
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January 28, 2018, 06:39:59 PM |
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In this day there was a moment where bitcoin was below 10k but since then it has recovered and now it is above 11k the FUD has been very strong in the last days and this has been a problem for many of us but at the same time this has showed that a lot of new people got in bitcoin and now are panic selling.
Yes. Those who just entered in this world are now in panic but those who have been here for quite some time are enjoying the current SALE of bitcoin and altcoins. I remember same time last year when bitcoin reached its ATH from December to early January (if I remember it right) and then start to fall in the 2nd week of January but then, what happened, it recovered that maybe no one has ever expected. Yeah I remember the first time bitcoin reached 2k most people were saying that is was going to crash and that they were getting ready to buy at 1k if those people did not realized what was going on it is very likely they are still waiting for the price of bitcoin to go that low to buy again. |
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vicvicto17
Member
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Activity: 362
Merit: 10
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January 28, 2018, 07:32:27 PM |
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It will never go back again what goes up must comes down and yes there's a massive pump but the dip is such amazing here it wont come back again. I remember when bitcoin price is 2,000usd and right now it's far away from expected.
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yrreg ger
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January 28, 2018, 07:40:19 PM |
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It will never go back again what goes up must comes down and yes there's a massive pump but the dip is such amazing here it wont come back again. I remember when bitcoin price is 2,000usd and right now it's far away from expected.
Agree, the price now has big difference from the past. For me this time the price will never comeback to $5000, because the reason of being popular now this in the market, the user of bitcoin is increasing and for sure in the future it will become so expensive. Based on what we encounter in cryto-currency, bitcoin's price decrease but easily recover. |
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7788bitcoin
Legendary
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Activity: 2282
Merit: 1023
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January 28, 2018, 07:41:10 PM |
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I don't think its going to drop to 5k but maybe 13k is possible again and again.
nowadays we are in range of 13-18 k usd and this will continue for few months.
It is really difficult to say it wont go,if there is a market situation that there is a major breach in the wallets or some kind of negative news,we might see a big dip in the price without a doubt,now we are starting to use the bech wallet and anything is possible,i am not saying it is a weak move,but you never know what will happen.  |
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uray
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January 28, 2018, 08:05:27 PM |
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When it comes to bitcoin you really cannot predict,there was a time when the price of bitcoin had a big rally over thousand and went down to quarter of that valuation and now the price touched twenty thousand and now it is half of that valuation,so if there is a big negative news the market might touch those valuation,but it is highly unlikely for now.
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gabmen
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April 29, 2018, 03:08:24 PM |
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When it comes to bitcoin you really cannot predict,there was a time when the price of bitcoin had a big rally over thousand and went down to quarter of that valuation and now the price touched twenty thousand and now it is half of that valuation,so if there is a big negative news the market might touch those valuation,but it is highly unlikely for now.
Good point. Bitcoin seems to move on it's own without any analysis backing it up so i don't think we can safely say that it won't touch 5k again. And the movement right now is quite slow though in a positive way so if there will be any correction, i doubt it will go to as low as 5k |
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kyle999
Jr. Member
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Activity: 475
Merit: 1
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June 25, 2018, 02:50:03 AM |
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Many people may even buy a bitcoin when bitcoin drops so much size. But I think it can also be seen because the next month the bitcoin price drops and more and more holds their bitcoins.
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Google+
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June 25, 2018, 03:52:58 AM |
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it looks like bitcoin will never fall to $ 5k again because I see bitcoin supporters have put up a bitcoin buy order at a price above $ 5500 so it seems very difficult to get down to $ 5000 again. if it does fall into the price it's better you buy as much as you can. but if you have bitcoin then all you can do is just hold it.
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manismanja
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Activity: 518
Merit: 11
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June 25, 2018, 05:16:52 AM |
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it seems like it will be very difficult because bitcoin prices are many that open buy orders at prices around $ 5500 so it will be very difficult to get down to more than that.
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