tk808
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Invest in your knowledge
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November 29, 2017, 07:57:31 PM |
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No, it will continue its way up to 50000 $ to 100000$. Speculants entried and buy like crazies. News media are also very interested in spreading out Bitcoin course abroad, so more and more people want to benefit on the new money. BTC is unstoppable right know and the next months with little breaks, fortunately.
Idiotic. Bitcoin will not have a 1-2 trillion market valuation anytime soon. Potentially within in a few years, that's if governments don't go into full panic mode during this. There will be a huge barrier to that 50k mark or 100k mark you're talking about. There is an upper limit to everything, and Bitcoin's right now is floating on hot air, just hype and new money, nothing else. |
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"You Asked For Change, We Gave You Coins" -- casascius
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27_Mikhail_27
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A New Exchange Era
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November 29, 2017, 07:58:51 PM |
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Sooner or later, correction should have happened! It's still lucky that the growth of bitcoin lasted so long. Although many wrote about the correction at the time when bitcoin cost $ 7000
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omonuyak
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November 29, 2017, 07:59:47 PM |
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the correction is coming , back to 8k?
It might not get to $8000 but around $9500 as I don't think there is any reason why bitcoin should fall below that level except activities of traders that are trying to take profit in other to buy bitcoin at cheap price again. I have been following bitcoin price since morning and the fluctuations is too high that many traders may be tempted to sell off at $11,500 especially those that buy below $10,000. However, now that is below $10,000 give us another chance to buy bitcoin at a cheap price as very soon probably before end of the year it may hit $15,000! |
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tk808
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Invest in your knowledge
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November 29, 2017, 08:02:44 PM |
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the correction is coming , back to 8k?
It might not get to $8000 but around $9500 as I don't think there is any reason why bitcoin should fall below that level except activities of traders that are trying to take profit in other to buy bitcoin at cheap price again. I have been following bitcoin price since morning and the fluctuations is too high that many traders may be tempted to sell off at $11,500 especially those that buy below $10,000. However, now that is below $10,000 give us another chance to buy bitcoin at a cheap price as very soon probably before end of the year it may hit $15,000! No, 10k usd isn't cheap anymore, most people in the world don't make that within a year. 1 Bitcoin is out of the reach for the majority of the world, cheap was when BTC was at 250 usd, an affordable amount. On this scale, we are talking about 2 types of investors: 1 early adopters and 2 the institutional investors. The little fish have no part in Bitcoin markets anymore, it's out of reach for the majority of you. The new big investors don't like risk, they will exit when they see unhealthy red markets. |
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Elby
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Activity: 252
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November 29, 2017, 08:02:57 PM |
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They are climbing back already, hope they will recover stronger than ever. Should be, because more people stepping into Cryptos can only be positive for the value right?
Edit: I bought some ETH just before the small correction lol
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Bayoe_noe
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November 29, 2017, 08:03:36 PM |
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it looks like a correction, the bitcoin movement in these few days is out of control, the more $ 11k rise ... maybe this may be a correction, or it could be bitcoin time down.
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anasso
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November 29, 2017, 08:04:12 PM |
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this is the so much hoped and the healthiest correction of the cryptomarket!
i think that this correction will take at least 6 months!
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BitcoinLoan
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November 29, 2017, 08:04:25 PM |
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I do not think it is good time to answering on this question. Everything going too fast, i propose wait some time. But it can be green in near future
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tk808
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November 29, 2017, 08:05:23 PM |
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this is the so much hoped and the healthiest correction of the cryptomarket!
i think that this correction will take at least 6 months!
i agree, it's going to be a long one, potentially a few years |
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tora
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November 29, 2017, 08:07:08 PM |
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Bitcoin had a gain of over $1000 in less than 24 hours on top of daily rises for weeks. No surprise there is a drop. Try to call the bottom for buying as there will be a recovery but probably not as quick as initial rise.
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rumexx
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November 29, 2017, 08:08:03 PM |
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Yes I expected it. Because a new high was made normally there will be a retrace momentarily and the surge will the continue.
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gabbie2010
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November 29, 2017, 08:08:42 PM |
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the correction is coming , back to 8k?
Definitely correction had already started the price is heading towards $9K of course 'what goes up must come down' after the pullback we should expect the price to hit $15K before the year runs out all these are normal occurrence in trading. |
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Elby
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Merit: 10
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November 29, 2017, 08:09:24 PM |
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this is the so much hoped and the healthiest correction of the cryptomarket!
i think that this correction will take at least 6 months!
i agree, it's going to be a long one, potentially a few yearsNah, no way. I think it will may have a small dip like last hour, think we will see new records in 2018! |
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CryptoBuds
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HODL
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November 29, 2017, 08:14:34 PM |
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I suppose yes, it has been started. But my aim to get in again is around 7000$, may be lower. There was very strong pump last days/weeks, so there should be very deep correction for sure!
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Harlot
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November 29, 2017, 08:20:35 PM |
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Bitcoin is going to be corrected to the 5k level, this massive bubble rivals the one when Silk Road was a thing.
The rebound will occur when BTC hits 9200-9000 USD (Bitfinex volume/price), possibly back to 10k, then the bigger sell off is going to start for everyone trying to cash out at 10k.
It would be absolutely foolish to buy into the markets atm, unless you're going to sell at the second bull-rush before the big dip. The momentum of the market is down and so are emotions, which is what Bitcoin markets are about, sentiment.
Isn't a more than 50% price decrease put us into a dangerous position instead on a good one? Bitcoin returning to the 5,000$ level will make it harder to recover or we might not even recover at all. Yes Bitcoin is a bubble but when it will pop this way it will be harder for is to profit more. But it always depends on how the market will view it may it be an opportunity for them or a lesson to be learned. |
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Elby
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Merit: 10
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November 29, 2017, 08:23:45 PM |
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tonight is the correction = corrrection = tonight was the correction  (they are coming back already) |
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Gargo
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November 29, 2017, 08:24:14 PM |
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No, it will continue its way up to 50000 $ to 100000$. Speculants entried and buy like crazies. News media are also very interested in spreading out Bitcoin course abroad, so more and more people want to benefit on the new money. BTC is unstoppable right know and the next months with little breaks, fortunately.
Idiotic. Bitcoin will not have a 1-2 trillion market valuation anytime soon. Potentially within in a few years, that's if governments don't go into full panic mode during this. There will be a huge barrier to that 50k mark or 100k mark you're talking about. There is an upper limit to everything, and Bitcoin's right now is floating on hot air, just hype and new money, nothing else. The point is that no one can predict what will happen next. After all, it is like stock market equities. Do not set yourself up just to live a moment and enjoy the opportunity. |
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Elby
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Activity: 252
Merit: 10
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November 29, 2017, 08:27:43 PM |
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BTC in the green again
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racquemis
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November 29, 2017, 08:29:03 PM |
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I see this as an opportunity to buy cheaper altcoins... Instead of looking at this as a loss, turn it into a win and make some money.
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deepcryptomine
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November 29, 2017, 08:30:40 PM |
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the correction is coming , back to 8k?
It might not get to $8000 but around $9500 as I don't think there is any reason why bitcoin should fall below that level except activities of traders that are trying to take profit in other to buy bitcoin at cheap price again. I have been following bitcoin price since morning and the fluctuations is too high that many traders may be tempted to sell off at $11,500 especially those that buy below $10,000. However, now that is below $10,000 give us another chance to buy bitcoin at a cheap price as very soon probably before end of the year it may hit $15,000! No, 10k usd isn't cheap anymore, most people in the world don't make that within a year. 1 Bitcoin is out of the reach for the majority of the world, cheap was when BTC was at 250 usd, an affordable amount. On this scale, we are talking about 2 types of investors: 1 early adopters and 2 the institutional investors. The little fish have no part in Bitcoin markets anymore, it's out of reach for the majority of you. The new big investors don't like risk, they will exit when they see unhealthy red markets. That's exactly what I was thinking. According to OECD statistics, there are only 34 countries which had average annual wage more than 10k USD. So majority won't be able to invest in it. I am still not sure whether it is good or bad for bitcoin if institutional investors starts pumping money in to it. |
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