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Author Topic: Bitcoin going to $400  (Read 766 times)
olumyd
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June 20, 2018, 04:24:20 AM
 #81

One of the reasons why we focus on speculative price index is because we don't understand the overall concept of bitcoin protocol and that leaves us prey to FUDs. $400 USD right now isn't much of debate anymore.
It is funny though that some people like the OP at this stage are still dreaming and hoping for something they obviously will not be getting. Realistically, fundamentally and technically, this is impossible at this stage, unless things end up going wrong and everyone starts dumping pretty fast to get out of their position which I believe anything that would cause that must have been pretty huge. Bitcoin getting as low as $1000 will even be a huge surprise to me and I am sure a lot of investors will be rushing in pretty fast to the point that it would be hard to stay on the price for long, let alone $400. Maybe the OP wants to travel back to 2013.

Traveling back in time does not guarantee that things will turn out differently, besides, not all who bought then envisaged the current well-being and health of bitcoin, bitcoin is healthy, just in a relative term. those who bought at the upsurge, are the ones who are desperately seeking for a stupendous increase so they can profit from greed.

And about this...

Quote
I am sure a lot of investors will be rushing in pretty fast to the point that it would be hard to stay on the price for long, let alone $400. Maybe the OP wants to travel back to 2013.

Not quite, the lower the price becomes, the more the panic selling, anything that makes BTC dip below the $3000 USD, has to be a slam and that is no good news at all, the only players who will still be interesting in such a risky investment by then, are those who have made tremendous fortunes from trading digital assets generally.
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June 20, 2018, 08:35:12 AM
 #82

We experined highest price of the bitcoin 20,000 december 2017 , but after the year 2017 and 2018 came the price of the bitcoin continue decreasing and now the price of the bitcoin is 6700 dollars and we don't know until when the price decrease but we can pump bitcoin again by simple holding and buying again. I don't think the price will become $400 because they have barrier in the price.
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June 20, 2018, 09:07:44 AM
 #83

We experined highest price of the bitcoin 20,000 december 2017 , but after the year 2017 and 2018 came the price of the bitcoin continue decreasing and now the price of the bitcoin is 6700 dollars and we don't know until when the price decrease but we can pump bitcoin again by simple holding and buying again. I don't think the price will become $400 because they have barrier in the price.

Do you even understand yourself what you are trying to say?
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June 20, 2018, 09:47:04 AM
 #84

Giant ponzis do not run for more than 10 years. At $600,000,000,000 invested in Bitcoin the money supply has dried up. Bitcoin has crashed from $20,000 to $12,000

and high profile people calling Bitcoin a giant scam there is ever increasing risk of international police raiding Bitcoin mines

I think a $ 400 bitcoin is a nightmare that will never happen, even though bitcoin is down, but I think it will never touch $ 400. I do not know why you are too negative to bitcoin so make such predictions.

This is crazy price derivation given by a person who may not like btc because he would have bought a lot of them during the rise and not when it was low. Thus now since it has fallen it is frustration that is coming out and nothing more due to which the negativity things trying to spread.

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jhongzjhong
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June 20, 2018, 10:14:35 AM
 #85

We experined highest price of the bitcoin 20,000 december 2017 , but after the year 2017 and 2018 came the price of the bitcoin continue decreasing and now the price of the bitcoin is 6700 dollars and we don't know until when the price decrease but we can pump bitcoin again by simple holding and buying again. I don't think the price will become $400 because they have barrier in the price.

Do you even understand yourself what you are trying to say?
I thought he means that it is possible that bitcoin will become a price of 400 USD, yeah it is true on December last year 2017 bitcoin has marked the highest price value ever in the market at 1,000 USD per 1 bitcoin. In the year of 2018 bitcoin was continue dropping and until now still at the range low value. By helping to the market we need to hold bitcoin or it is time to invest more, also avoid panic selling.

Rnd2012
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June 20, 2018, 10:26:07 AM
 #86

Giant ponzis do not run for more than 10 years. At $600,000,000,000 invested in Bitcoin the money supply has dried up. Bitcoin has crashed from $20,000 to $12,000

and high profile people calling Bitcoin a giant scam there is ever increasing risk of international police raiding Bitcoin mines
We hope that prices will go down but that depends on the number of Bitcoin dumped and the the price will go up
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June 20, 2018, 10:36:02 AM
 #87

Giant ponzis do not run for more than 10 years. At $600,000,000,000 invested in Bitcoin the money supply has dried up. Bitcoin has crashed from $20,000 to $12,000

and high profile people calling Bitcoin a giant scam there is ever increasing risk of international police raiding Bitcoin mines
We hope that prices will go down but that depends on the number of Bitcoin dumped and the the price will go up
I’m not hoping for this thing because I believe in bitcoin and I know it supposed to go up high this year. I’m not one of those who are trying to dump the market so they can buy more because someone is suffering for that situation, and because of that people are panicking until they lose their hard earned money. This market will recover soon, lets hope for this one instead.

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June 20, 2018, 11:15:12 AM
 #88

$ 400 is an unreal price. Such prices will not be because bitcoin mining and ensuring the network is more expensive. All equipment will be stopped until such a price is reached. You will not be able to complete the transaction. These fakes are distributed according to the order of whales. Probably someone really wants to buy coins cheap.
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June 20, 2018, 12:29:01 PM
 #89

sometimes such news will only make bitcoin fall because it is not 100% true and accurate. if I judge not from there but from the bitcoin function itself is indeed a digital investment asset that certainly depends on the number of people who ask to invest not as virtual currency that will be used for payment purposes such as dollars ...
Ararbermas
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June 20, 2018, 01:15:20 PM
 #90

Well IMO even though there's a massive decline i think it's still impossible to happen , because that is a very dip stage which is too far to reach on this fluctuation and as the matter of fact as long there are some holders keep holding and buying as well on this situation bitcoin will not nose dive on that value ever. 
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June 20, 2018, 01:28:05 PM
 #91

Giant ponzis do not run for more than 10 years. At $600,000,000,000 invested in Bitcoin the money supply has dried up. Bitcoin has crashed from $20,000 to $12,000

and high profile people calling Bitcoin a giant scam there is ever increasing risk of international police raiding Bitcoin mines

I think a $ 400 bitcoin is a nightmare that will never happen, even though bitcoin is down, but I think it will never touch $ 400. I do not know why you are too negative to bitcoin so make such predictions.
It is really a dream and for those who are looking forward to it like the OP, I hope they get to wake up from their dream eventually and then, face reality.

This is a market where nothing is guaranteed though, but not like $400. We have gone past the stage where there would not be some very huge support along the line for bitcoin, as long as it is simply not by any means dead which we both know it is not and I do not see anything yet that would warrant some serious level of dump on the market.
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June 20, 2018, 02:50:18 PM
 #92

sometimes such news will only make bitcoin fall because it is not 100% true and accurate. if I judge not from there but from the bitcoin function itself is indeed a digital investment asset that certainly depends on the number of people who ask to invest not as virtual currency that will be used for payment purposes such as dollars ...
This is true spreading like this about bitcoin may also affects the price. This is not yet true until price achieve to this level. However, with this claims I don't think price could go down to $400 as their are many users who will by more btc.
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June 20, 2018, 03:04:23 PM
 #93

It's possible though it is highly unrealistic to me that it will go down further to $400, you can even speculate that it will crash down to $100 if you want to but you must back it up with some news, charts or other historical data that supports the speculation that you've mentioned to the OP, this thread was last Jan but the prices drove too far down to $6500 plus a lot of traders are waiting for the dip to buy cheap bitcoins even the whales and manipulators want that to accumulate.
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June 20, 2018, 05:22:02 PM
 #94

He has the right to believe whatever he wants.
I think that there is no chance BTC even dropping below $5k again.
There is absolute no doubt that he has the right to stick with his opinion, since it is the speculation anyway, but there are some opinion that are total B.S. and we all know it is impossible. At least, speculations should be realistic and it is more like discussing the possibilities in the future. This one is total impossibility as far as I am concerned, and there is no way anyone expecting this will ever get it. $5000 and less is still not possible anyway then how we could agree with OP.

I am expecting a sharp bounce back in coming days toward $9800 levels as market once again proved the traders physiology of support levels around $6300 levels. Breaking of $10k may open doors toward $12,400 and then $15,900 levels. Lets wait and watch how crucial coming weeks are regarding how support and resistance levels will hold up.

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June 20, 2018, 05:31:26 PM
 #95

Giant ponzis do not run for more than 10 years. At $600,000,000,000 invested in Bitcoin the money supply has dried up. Bitcoin has crashed from $20,000 to $12,000

and high profile people calling Bitcoin a giant scam there is ever increasing risk of international police raiding Bitcoin mines

Cryptocurrency or bitcoins is not a scam, the only reason why it is being called a scam is because of different people who are using bitcoins with a pyramid scheme concept but if you will really knew how the market works then obviously it will not look like a scam.

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June 20, 2018, 10:19:05 PM
 #96

Bitcoin will never go back to $400 again. And i don't believed that bitcoin is a scam. Just like other people said.  Bitcoin was only use by other people to scam other.

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June 21, 2018, 12:22:26 AM
 #97

Giant ponzis do not run for more than 10 years. At $600,000,000,000 invested in Bitcoin the money supply has dried up. Bitcoin has crashed from $20,000 to $12,000

and high profile people calling Bitcoin a giant scam there is ever increasing risk of international police raiding Bitcoin mines

There are countries where bitcoins is being used as a pyramid scam and ponzi, that is the reason why there are people who cannot fully trust cryptocurrency as a good asset to invest but if government will be legalizing cryptocurrency then most of the people will still believe on its growth and the demand will keep on increasing in the market.

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June 21, 2018, 01:48:47 AM
 #98

Then what would be the next prediction when Bitcoin hits high again and drops down would I hear that Bitcoin would be going $100 soon?
Bitcoin price is uncertain but for sure it wouldn't go that far since there are already so many people who are investing in it and they are driving the demand for it so for sure the price of Bitcoin wouldn't hit 3 digits again.

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June 22, 2018, 04:14:30 PM
 #99

This is it, every single indicator that offered some hope for the bulls has been broken.We have now entered into a very strong and confirmed long term bear market.

No, this is not a BUY NOW warning, this is a SELL NOW warning.Maybe consider to buy back when it reaches around $3500 maybe and more around $1000. It's a matter of weeks or few months at best for a better opportunity.

For now it will be a slaughterhouse like never before. 80% of the coins being dumped now are from long term holders, they want OUT! Guess what that means, ask yourself, why do the biggest supporters of bitcoin want out?!
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June 22, 2018, 05:01:46 PM
 #100

The most wanted one for the small traders.The small traders will have less amount of money to invese in Bitcoin and crypto currency.If the price of bitcoin reduced to 400$ ,many inverse in bitcoin by sell their properties.If the price reduced to 400$,even I will sell all my property and buy bitcoin with all money.We will get profit in future.



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