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Author Topic: Bitcoin is dropping! what to expect?!  (Read 1371 times)
newinbtc
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December 30, 2017, 05:27:20 PM
 #81

Bitcoin price is currently under sleeping mode it will rose up when wake up and will jump directly to 25000 usd same as ripple case , Everyone know what happens to ripple now days , It jumped from 0.25$ to 3$ in a month seems people are selling there bitcoins to invest in bitcoins. Once bitcoin people get angry and price of bitcoin will up again , some news media is against bitcoins it may be the reason for decrease of price..

Bitcoin price expected to stable at 12000 usd on 3 Jan 2018.
Afterwards it will start constant growth in upcoming new year , New year is for Blockchain..

Actually dropping and rising is normal in bitcoins hope you understand
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December 30, 2017, 05:27:29 PM
 #82

every end of December bitcoin prices often goes down, usually, many who sell their bitcoin for Christmas and New Year's celebrations. I'm sure bitcoin will rise again after a week in January

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December 30, 2017, 05:29:03 PM
 #83

I'm sure the falling bitcoin price is only temporary considering the number of events for the next few days,
maybe up to one or two weeks after the new year bitcoin prices will start jumping up

actually no need to be afraid to face the price of bitcoin drop like this, put mindset that bitcoin this is long term investment

Shu1llerr
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December 30, 2017, 05:30:33 PM
 #84

why is everyone so amenable to panic. look at the graphics before the new year for bitcoin last year was a similar situation. generally the market of cryptocurrency is very similar to the asset market, about the same time inputs / outputs. good traders took a break until spring and then the boom will start again.
The fact is that the market picked up futures, it gave a strong growth, now a standard pullback. Prepare for a new growth
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December 30, 2017, 05:34:59 PM
 #85

We all now by now that with the high volatility of Bitcoin the prices go up and down all the time. But we also must admit that 20K still is a difficult hurdle to take. With the whales cashing out we see the price drop to 12.5K recently. The price could go even lower to 11K, this will then be the start of a new uptrend and next year March bitcoin could hit 30K.

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December 30, 2017, 05:35:17 PM
 #86

I also believe many new investors entered bitcoin at its ATH and are now panic selling due to the drop in price. Those of use who have seen bitcoin's price for many years know that these movements are perfectly normal.
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December 30, 2017, 05:37:53 PM
 #87

This is very sad that Bitcoin and other Crypto currencies are dropping but Bitcoin will raise again. There is always ups and down in everything. Bitcoin will be reached at $100,000 in upcoming few years.

Don't make you upset bro. This is part of trading. There will be ups and downs. It is called correction in trading. Because it went to 20K very fast, it is now in correction phase. And also christmas time  effecting the market. In a week or two everything wil be fine.
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December 30, 2017, 05:37:56 PM
 #88

Guys, correction was expected by many of us, so dont panic and HODL Smiley Christmas & New Year isn't a good period for trading Smiley Take some rest and everything will be fine in 2018 Smiley

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December 30, 2017, 05:38:10 PM
 #89

i think we should expect the higher or bigger rise of bitcoin
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December 30, 2017, 06:01:27 PM
 #90

You expect nothing actually as this is a normal occurrence. IMO, the drop is healthy. It is much needed or else the graph might look parabolic, and that is not good. Just buy the dip and hodl, you'll be fine.
First of all bitcoin is not dropping bitcoin is very stable with high price in market and if it became drop so I will never cut or lose bitcoin because bitcoin is such a currency which don’t want to drop its price it’s actually a digital currency and its price is related with market trade so its normal and nothing to worry about anything some time it will high and some time it will be slow because its apart of business and I will be keep in touch with bitcoin.
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December 30, 2017, 06:11:39 PM
 #91

Just look at Bitcoin's evolution on CoinMarketCap and you will understand that this is not the only important drop of Bitcoin. That's it's way of rising: 2 step forward, 1 step backwards. I don't think this drop if a panic reason as most probable Bitcoin will raise again by the beginning of January.

I think everybody investing in Crypto market assumed that the market is volatile. (volatile = increasing and/or decreasing) So, why crying like babies when facing (more or less) normal fluctuations?

Let's keep this thread opened and active and discuss again within 2 weeks  Smiley

Cheers!

I’m also interested to see how the price turns out in a week or two in the new year.
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December 30, 2017, 06:16:46 PM
 #92

I'm surprised nobody mention the slow transactions and high fees of bitcoin. Give me a reason why it should bounce back to $20000 with issues like these?

Unless lightning network update for bitcoin is released expect a downwards price trend in bitcoin and upwards for Alts especially ripple.

Otherwise can someone tell me what does bitcoin has going to make it justify pass $20k?
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December 30, 2017, 06:49:05 PM
 #93

No problem. It is just an adjustment of the market at the end of this year. You should not be too worried. Let hold and wait until it recovers

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December 30, 2017, 07:00:15 PM
 #94

It is not a problem or a big issue to discuss because Bitcoin is unstoppable and will again reach to its height. Everyone around here are just worrying about its falling but when it is high to the sky then nobody is sharing his/her happiness. Its new year guys just be happy and hope for something good to happen.

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December 30, 2017, 07:11:23 PM
 #95

Bitcoin is in a cannon. It's dripping down to the bottom of the cannon and waiting. Then boom and Bitcoin gets shit off into the air to the moon. So that is why there is such a drop. Believe in the Bitcoin. Be the Bitcoin. Bitcoin is life so never doubt it. Bitcoin will go to a million. Ya ya you say not? Well what would you say when bitcoin was less then a cent and I told you it would be worth thousands? You will say the same thing. So watch patience friends patients.

It is not a problem or a big issue to discuss because Bitcoin is unstoppable and will again reach to its height. Everyone around here are just worrying about its falling but when it is high to the sky then nobody is sharing his/her happiness. Its new year guys just be happy and hope for something good to happen.

Good stuff !!!

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December 30, 2017, 07:23:10 PM
 #96

We all now by now that with the high volatility of Bitcoin the prices go up and down all the time. But we also must admit that 20K still is a difficult hurdle to take. With the whales cashing out we see the price drop to 12.5K recently. The price could go even lower to 11K, this will then be the start of a new uptrend and next year March bitcoin could hit 30K.

There has been a lot of profit taking, but we should not lose sight of the bigger picture. There is a lot of jostling amongst cryptocurrencies for a bigger market share. When a new investor who tries to use bitcoin finds out that other currencies have lower fees and are easier to use, they might migrate to altcoins. That could be a hurdle for Bitcoin to cross $20k again quickly.


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Skieleton
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December 30, 2017, 07:47:28 PM
 #97

Bitcoin is dropping! what to expect?!

https://www.bloomberg.com/…/bitcoin-drops-as-south-korea-sa…

I found this very interesting article on the web, check it out and let me know what you think Smiley

Bitcoin is droping and would still drop but while it drops many people will invest and buy bitcoin. Because the lower the price of bitcoin the higher will be the revenue of the coin when price rise back. Keep on monitoring the price of bitcoin in order not to get delayed on the forks of bitcoin.

Exactly. It was a very high price. Highest ever. It is natural that it is now falling. The same was when the split at BCH was coming. The price in March 2018 should be growing again.
imking
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December 31, 2017, 04:02:31 AM
 #98

I think one of the reason is most of the people will cash out some of their bitcoin to enable to spend some during these holiday season. Charts says in bitcoin dot org shows that there are huge amount of transaction several weeks ago. Thus the price decrease because there are more people who want to sell rather than to buy. History shows that during December and January bitcoin price did not move upwards, but after those months the price will again skyrocketed. Thus I think this is just normal, it happened every year for almost four years by now.
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December 31, 2017, 04:03:49 AM
 #99

Bitcoin is dropping! what to expect?!

https://www.bloomberg.com/…/bitcoin-drops-as-south-korea-sa…

I found this very interesting article on the web, check it out and let me know what you think Smiley
i think that is just a web that make us expecting and if that is true its gonna be a big lost for south korea and we hope that bitcoin is not gonna falling down all over the world so we expecting tthat bitcoin is increasing up forver. so we expect the goods for bitcoin.

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December 31, 2017, 04:12:04 AM
 #100

Bitcoin is dropping! what to expect?!

https://www.bloomberg.com/…/bitcoin-drops-as-south-korea-sa…

I found this very interesting article on the web, check it out and let me know what you think Smiley

I think that it will be BTC flat soon: 10-15k $. At present it is better to be more careful with BTC buyings. Currently altcoins have more oppotunity to grow up

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