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Author Topic: Bitcoin on Black Friday  (Read 689 times)
Slark
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November 25, 2017, 09:21:33 PM
 #21

Bitcoin crashed from $1000 to $300 on black Friday four years ago
Different times, different circumstances - four years is like a lifetime in the field of cryptocurrency adoption.
I strongly believe that in next four years we can have bitcoin which will reach $50k or more.
Even the most accurate numbers are meaningless without context - 4 years ago we have pump and dump scheme caused by Mt.Gox, their bot and crazy Chinese leverage traders.

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November 25, 2017, 09:27:47 PM
 #22

The Black Friday is a shopping day which can't be spread on crypto currencies and the last year fall was just an exception. As I suppose there wasn't nothing with bitcoins price this Friday, oppositely the price rised to a new record.

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November 25, 2017, 11:21:08 PM
 #23

What does it means sir? If the black friday happen again the price of the bitcoin will decrease or crash? I think it's not the black friday because it's not on the holiday or anything. The price of the bitcoin it depends on the demand if they have many buyer for sure the price increase and if they have many seller the price for sure decrease.

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November 25, 2017, 11:38:46 PM
 #24

Black friday in bitcoin it will not happen to crash because at this time for sure price of bitcoin will increase. That was four years ago that bitcoin crash I think people before dont believe in bitcoin. But now, bitcoin has proven to be strong and popular already.

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November 27, 2017, 06:14:13 PM
 #25

Bitcoin crashed from $1000 to $300 on black Friday four years ago
That is four years ago, the price now reaches another all time high. It was on $8,400 and looks like unstoppable. And four years ago, bitcoin isn't still recognized by different countries and users so that made a very tiny amount on that black friday. But now, it's on the mainstream and even broadcasting together with the other currencies so this makes bitcoin totally and farther from before.
It seems to me that from the point of view of logic of the price drop of bitcoin Black Friday with good reason. On this day, many people making many expensive purchases and those who do not have enough Fiat may sell their bitcoins in order to take out a Bank loan. Perhaps, there are very few bitcoin users from the United States. In the future this may well happen.

Price drop with good reason? What do you think that reason is? I can't look for that good reason when the price is dropping. It's a normal practice that everyone will be selling their bitcoin for fiat because there's a need to purchase for goods or other things in exchange for bitcoin. And due to the strict rules of United States I guess that cause a lot of bitcoin users to move from other place just to continue their bitcoin career.


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November 27, 2017, 06:40:30 PM
 #26

Bitcoin crashed from $1000 to $300 on black Friday four years ago
That is four years ago, the price now reaches another all time high. It was on $8,400 and looks like unstoppable. And four years ago, bitcoin isn't still recognized by different countries and users so that made a very tiny amount on that black friday. But now, it's on the mainstream and even broadcasting together with the other currencies so this makes bitcoin totally and farther from before.
It seems to me that from the point of view of logic of the price drop of bitcoin Black Friday with good reason. On this day, many people making many expensive purchases and those who do not have enough Fiat may sell their bitcoins in order to take out a Bank loan. Perhaps, there are very few bitcoin users from the United States. In the future this may well happen.

Price drop with good reason? What do you think that reason is? I can't look for that good reason when the price is dropping. It's a normal practice that everyone will be selling their bitcoin for fiat because there's a need to purchase for goods or other things in exchange for bitcoin. And due to the strict rules of United States I guess that cause a lot of bitcoin users to move from other place just to continue their bitcoin career.

He just says about the black friday effect we may find again however that day has been already crossed so no more fear about to see the black friday effect on happening this year. We already find the bump on the same day.
Here I do not understand why you speaking about the people move to exchange and converting bitcoin and use it as for bitcoin transaction and etc...
Still people from US using bitcoins you can check the people who is supporting trump if you check in political and society you may know the people from USA.

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November 29, 2017, 01:06:19 AM
 #27

Bitcoin crashed from $1000 to $300 on black Friday four years ago
That is four years ago, the price now reaches another all time high. It was on $8,400 and looks like unstoppable. And four years ago, bitcoin isn't still recognized by different countries and users so that made a very tiny amount on that black friday. But now, it's on the mainstream and even broadcasting together with the other currencies so this makes bitcoin totally and farther from before.
It seems to me that from the point of view of logic of the price drop of bitcoin Black Friday with good reason. On this day, many people making many expensive purchases and those who do not have enough Fiat may sell their bitcoins in order to take out a Bank loan. Perhaps, there are very few bitcoin users from the United States. In the future this may well happen.

Price drop with good reason? What do you think that reason is? I can't look for that good reason when the price is dropping. It's a normal practice that everyone will be selling their bitcoin for fiat because there's a need to purchase for goods or other things in exchange for bitcoin. And due to the strict rules of United States I guess that cause a lot of bitcoin users to move from other place just to continue their bitcoin career.

He just says about the black friday effect we may find again however that day has been already crossed so no more fear about to see the black friday effect on happening this year. We already find the bump on the same day.
Here I do not understand why you speaking about the people move to exchange and converting bitcoin and use it as for bitcoin transaction and etc...
Still people from US using bitcoins you can check the people who is supporting trump if you check in political and society you may know the people from USA.
There's nothing to be feared anymore as the price of bitcoin did resulted to get up to $10,000 few hours ago. And with the thing that you didn't understand it's just all about transactions and trades. Sending bitcoin to an exchange for buying altcoins and sending it to another person for the same purpose like buying some goods or service. In USA, if you noticed that there are some exchanges that cut their USA users there is something going on.


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November 29, 2017, 01:27:52 AM
 #28

Bitcoin crashed from $1000 to $300 on black Friday four years ago

I asked about this previously as well on a thread somewhere on here. It seems like there are some connections between black friday and bitcoin, I know that there has been some slight correlations as we've seen with this past one. I would venture to say that a majority of BTC users are in the United States. Not sure how true it is, but I believe that it holds some weight. As bitcoin is seen more as a currency, the more people will use it as so.

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November 29, 2017, 06:40:55 AM
 #29



Price drop with good reason? What do you think that reason is? I can't look for that good reason when the price is dropping. It's a normal practice that everyone will be selling their bitcoin for fiat because there's a need to purchase for goods or other things in exchange for bitcoin. And due to the strict rules of United States I guess that cause a lot of bitcoin users to move from other place just to continue their bitcoin career.

yes of course, price drop is always a good reason to buy or purchase bitcoin in a bulk for a less and cheaper price. though i think that black friday or whatever they call it holiday and special day , it is still wont affect the market of bitcoin because the demand and supply are trully the valid reason on why bitcoin can decrease or increase. yet this kind of event has somehow helped bitcoin to pumped  more at its peak.

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November 30, 2017, 05:39:14 PM
 #30

Bitcoin crashed from $1000 to $300 on black Friday four years ago
Different times, different circumstances - four years is like a lifetime in the field of cryptocurrency adoption.
I strongly believe that in next four years we can have bitcoin which will reach $50k or more.
Even the most accurate numbers are meaningless without context - 4 years ago we have pump and dump scheme caused by Mt.Gox, their bot and crazy Chinese leverage traders.
bitcoin play a very big role on black Friday in my country and in my country bitcoin is very popular and it work in any part of my country as I’m using bitcoin in different restaurants and hotels and on Friday I use bitcoin in a very big shopping mall and I buy such a good electronic things on bitcoin so I really enjoy to use bitcoin on black Friday and I hop some other people have already used bitcoin in their countries so I will tanks to bitcoin.

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November 30, 2017, 06:14:39 PM
 #31

Bitcoin crashed from $1000 to $300 on black Friday four years ago
Different times, different circumstances - four years is like a lifetime in the field of cryptocurrency adoption.
I strongly believe that in next four years we can have bitcoin which will reach $50k or more.
Even the most accurate numbers are meaningless without context - 4 years ago we have pump and dump scheme caused by Mt.Gox, their bot and crazy Chinese leverage traders.
bitcoin play a very big role on black Friday in my country and in my country bitcoin is very popular and it work in any part of my country as I’m using bitcoin in different restaurants and hotels and on Friday I use bitcoin in a very big shopping mall and I buy such a good electronic things on bitcoin so I really enjoy to use bitcoin on black Friday and I hop some other people have already used bitcoin in their countries so I will tanks to bitcoin.
It sounds too good to be true. I don't know of a country so widely used bitcoin. As you pay for the goods in the shopping centre if confirmation of the transaction may last a few hours. Sometimes even longer. It seems to me that you embellished reality. This can not be and it has objective reasons.

blockman
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December 01, 2017, 06:12:15 AM
 #32



Price drop with good reason? What do you think that reason is? I can't look for that good reason when the price is dropping. It's a normal practice that everyone will be selling their bitcoin for fiat because there's a need to purchase for goods or other things in exchange for bitcoin. And due to the strict rules of United States I guess that cause a lot of bitcoin users to move from other place just to continue their bitcoin career.

yes of course, price drop is always a good reason to buy or purchase bitcoin in a bulk for a less and cheaper price. though i think that black friday or whatever they call it holiday and special day , it is still wont affect the market of bitcoin because the demand and supply are trully the valid reason on why bitcoin can decrease or increase. yet this kind of event has somehow helped bitcoin to pumped  more at its peak.

I doubt it that an individual that is beyond the middle class can buy bulks of bitcoin. What we had to do is when you buy just take time of buying together with those whales. And like what happened yesterday there's a quick dump that happened and if ever you did rode that dumped then for sure you are happy with the current price now.


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December 02, 2017, 02:01:12 PM
 #33

Bitcoin crashed from $1000 to $300 on black Friday four years ago
Different times, different circumstances - four years is like a lifetime in the field of cryptocurrency adoption.
I strongly believe that in next four years we can have bitcoin which will reach $50k or more.
Even the most accurate numbers are meaningless without context - 4 years ago we have pump and dump scheme caused by Mt.Gox, their bot and crazy Chinese leverage traders.
On black Friday bitcoin really help me because bitcoin is now well famous in our country and you can use it any time so that’s why on black Friday I buy a lot of things in such a big shopping mall and I’m sure on next black Friday bitcoin will be more famous and more people will take advantage from it because bitcoin is always trying to make people facilitate and this kind of qualities I like most of bitcoin so thank you bitcoin on black Friday.

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December 02, 2017, 02:06:25 PM
 #34

What happened four years ago doesn't seem to happen at present or in the future. What we had in terms of user network is not that big as present. Bitcoin at present didn't experienced anything big by the black Friday, because now the majority of the market is acquired by Asian countries.

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December 02, 2017, 03:24:42 PM
 #35

Bitcoin crashed from $1000 to $300 on black Friday four years ago

Funny that Bitcoin has moved in a diametrically opposite direction this Thanksgiving. Tell us that we should not base our expectations of behaviour in the future from what has happened in the past. People felt that Bitcoin always rose in a calendar year, until 2013-14 happened.
I just hope that we are able to sustain prices for a few months. That would result in a support level being established at current prices.

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December 02, 2017, 04:04:03 PM
 #36

Bitcoin crashed from $1000 to $300 on black Friday four years ago
Different times, different circumstances - four years is like a lifetime in the field of cryptocurrency adoption.
I strongly believe that in next four years we can have bitcoin which will reach $50k or more.
Even the most accurate numbers are meaningless without context - 4 years ago we have pump and dump scheme caused by Mt.Gox, their bot and crazy Chinese leverage traders.
Exactly different times different scenerio. i think this time it is totally opposite and we seen the price of the bitcoin has risen to exceed and we have seen that this time it has all time new price and risen to 11000$. i think like bilgades says in an interview that no one can stop bitcoin so, i think for those who has missed the train i think it is not too late yet.

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December 06, 2017, 09:03:08 AM
 #37

What happened four years ago doesn't seem to happen at present or in the future. What we had in terms of user network is not that big as present. Bitcoin at present didn't experienced anything big by the black Friday, because now the majority of the market is acquired by Asian countries.
Bitcoin is currency and currencies don’t have discount on black Friday and yeah in the past whenever there is fall in price Asian countries cash it more but now Asian giant has gone china is not doing in bitcoin so the atmosphere will be bit balanced if any of fall occur these days, and there is no sign of fall so far prices are rising and moving toward the next milestone to give people what they are waiting for long time.


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