000JC88
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November 11, 2017, 10:04:32 AM |
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What are your thoughts?
Whales have decided to bump Bitcoin Cash for now, I do not recommend you to buy any if you are not willing to get a high risk choice. Buy Alts again while are cheap, don't follow the whales, be the master on your own game.
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cryptopan
Member
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Activity: 196
Merit: 10
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November 11, 2017, 10:09:02 AM |
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Its because forks are being cancelled or move to another date,very unprofessional way of doing system upgrades.They announced forks are cancelled but then later on its still on.
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APICEMTECH
Full Member
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Activity: 308
Merit: 100
Blockchain Just Entered The Real World
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November 11, 2017, 10:24:34 AM |
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Just some price consolidation before all the alts make new ath's in the coming few months. If I were you I would not look everyday at the charts if you are not day trading.
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david0ikari
Member
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Activity: 280
Merit: 20
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November 11, 2017, 10:31:50 AM |
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This is really frustrating. This is due to the cancellation of the fork. But I guess this is just postpone for now. At the same time Bitcoin cash is draining all crypto down
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Hammonds
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November 11, 2017, 01:19:47 PM |
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I also feel confused this time bitcoin has also dumped about 7% in the last 24 hours. I hope with the decrease of bitcoin then all altcoin will crawl up, although at this time there are still some altcoins that are getting down.
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chidrawarster
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November 11, 2017, 01:44:22 PM |
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This basically happens when BTC or major coins are rising. Thats the time when i do a lot of buying altcoins and wait for major coins to drop which hopefully gives more momentum in rise in altcoins. Thats when major of the altcoin traders take their profits and move on to some other altcoins buying them at low prices. I have seen this happening again and again , may be this is a cycle for rise of altcoins when major coins are dropping. Keep buying altcoins at low prices and take good returns on short term.
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HAARP
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November 11, 2017, 01:54:28 PM |
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My thoughts? A correction has happened and its time for buy more altscoins for discount price Amen, what this guy said. Sure you may have lost some money during the run but no worries since it will recover eventually. Patience is key, I'm sure all those that bummed out of ANS early stage regret it after seeing NEO pump. Patience is the key right yet how long to wait for the market to get back to old good days? I'm so sick of these low prices of my holdings. We were happy for bitcoin's price increase due to cancelled segwit2x, now everything going to be red again.
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torukmakto
Member
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Activity: 219
Merit: 10
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November 11, 2017, 01:57:06 PM |
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It is about circulation of money between crypto coins. It's the usual thing we need just patient: D. I am not optimistic person but crypto world is raising by day by. Every moment provides new way to improvement. Always there will be reds and greens.
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lablab03
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November 11, 2017, 01:57:21 PM |
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What are your thoughts?
can i ask op what its means? "everything red again"? Sorry im just curious im just a beginner starting to gain some knowledge maybe it can add. Lol sorry
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hasmukh_rawal
Copper Member
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Activity: 490
Merit: 105
★777Coin.com★ Fun BTC Casino!
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November 11, 2017, 02:03:34 PM |
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It is probably due to the upcoming BCH fork. Forks are the main reason why a particular coin which is going to be forked rises up and all the other coins go down as hell. The BCH fork has made everybody buy BCH and that's why it is keeping on gaining an increase in price. The altcoins will surely fall if it keeps happening all the time. All these forks are killing the Altcoins.
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owengtam09
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November 11, 2017, 02:08:42 PM |
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I think it's all about cancellation of BTC fork and BCH's own fork. People bought Bitcoin Cash instead of selling Bitcoin. I personally think that people will return to Bitcoin again after BCH fork. So after 13 November, everything may be green again. lol
Yeah, I think this is also possible, since we all know that hard fork is near so that some of us are making again a panic selling, that is also why bitcoin price today is dropping, but we don't have to worry about since we already know that bitcoin price can reach $7500 again soon after the hard fork and I guess this is the right time for the investors. We already have now $6500 bitcoin price and I think it will still drop up to an average of $5000-$6000 then buy more bitcoins and wait again to increase its price again.
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styca
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November 11, 2017, 02:22:03 PM |
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What are your thoughts?
Rapid price increases inevitably lead to a pull back at some point. This is actually healthy as it helps to establish a solid base. If there were never any red days then everyone would be panicking about a bubble.
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ropyu1978
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November 11, 2017, 03:01:14 PM |
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What are your thoughts?
no need to worry I think it is common in the market. so if you have a lot of capital I think it's time to hunt and buy lots of cheap coins.
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Taskford
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November 11, 2017, 03:07:40 PM |
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Everything red again? Then buy them all again that is what is the best thing to do in order to get the chance to make a lot of money in the future. By buying a lot of cheap altcoins in the market will make you save time, money which is really awesome for an investor.
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suncokreten
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November 11, 2017, 03:22:10 PM |
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Some regulation has to be introduced into crypto, ASAP.
It is just unbelievable that 5 Chinese guys can just fork the BTC whenever they want, premine it and become billionaires, while everyone else in crypto world is loosing money in bloodbath caused by their fork.
These forks will continue to happen as long as there are morons who buy BTC and BCC just to get a new forked currency, and the ones who buy these worthless coins at exchange after (for the reference, check BTC trading at over $420 with no fundamental value whatsoever). If we just ignore all these upcoming forks (we are soon to see BTC silver, platinum, bronze), they will stop creating them and market will stop crashing.
Also, ETH will soon become the king of crypto, because it has amazing technology behind it and it can't be forked by 5 random people which makes its price stable.
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Denies
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November 11, 2017, 03:22:29 PM |
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What are your thoughts?
I bought some altcoin because the price was going down. I think it's a good time to buy altcoins at a cheap price.
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traderethereum
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November 11, 2017, 10:04:22 PM |
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What are your thoughts?
yes everything is red again but i am not too worried of this, i am sure that the coins will be back to green and i think not all of coins is read, there is still any green of coins so i think we still can trying to make profit. this conditions will be like this if bitcoin is increase or bitcoin is decrease. there is sometimes when the market is on green and in another day, we can see the conditions is in red and we are difficult to make profit.
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bitcoinvestor
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November 11, 2017, 11:00:38 PM |
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What are your thoughts?
It is common situation when everything is down. Crypto is speculative asset, you can 't expect the price is increasing all the time. That is why taking profit takes place, no worry about that. Just wait and see and take action when you make profit.
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LiGuBi
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November 11, 2017, 11:09:32 PM |
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The cancellation of bitcoin has everything to do with it. But it's also just a healty correction. We will rise by next week.
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bmichael05
Member
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Activity: 66
Merit: 10
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November 11, 2017, 11:35:06 PM |
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i think that its a great time to buy when everything red is long enough. After red will be green. Its market breathing inhale....exhale...
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