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hugeblack
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January 13, 2018, 05:39:31 PM
 #21

Can someone tell me why the price of BTC is Crashing ? Will it go back to 1USD =1BTC ?

Bad news from South Korea effect in bitcoin price, the price will reduce for short time and back to rise normally "will effect in the weekly chart only".

crashing mean lost more than 40% of total value and this is only normally correction price.

Will it go back to 1USD =1BTC ? 1/1000,000 possiblity
 

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January 13, 2018, 05:44:05 PM
 #22

Can someone tell me why the price of BTC is Crashing ? Will it go back to 1USD =1BTC ?

The price of bitcoin is not crashing in any way. I think that unfortunately people got used to seeing a continuous rise throughout 2017 and do not understand that such behavior is absolutely unsustainable and sooner or later a major correction and a period of relative stability were necessary. But I think we should not worry too much about this situation, because it is only a pause before resuming its upward trend.
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January 13, 2018, 05:49:18 PM
 #23

Can someone tell me why the price of BTC is Crashing ? Will it go back to 1USD =1BTC ?
Bitcoin is crashing because of the correction it is suffering right now. It is suffering because it made its ATH last December. And just wait for  a week or 2 the correction might finish.

A big no to 1 USD per 1 BTC. It will never go back in that one.




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January 13, 2018, 07:27:57 PM
 #24

Bad news from South Korea effect in bitcoin price

No. If you visit the press section, you'll see an article where the government there says that there (at least in the short term) isn't such a thing as a ban or whatever related to that. If the initial round of fud had any effect on this market, the price would just shoot back up after the news that there won't be a ban. It shows that the market was basically unaffected by all this South Korean fud, which is a great thing, and that while South Korea is a very large player in this market. They managed to grow so large, that they can't be seen as a joke or insignificant country anymore. I just hope that South Korea will just force through regulations that are fair, and not just blindly put a stop to something they don't understand.
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January 13, 2018, 09:07:15 PM
 #25

Can someone tell me why the price of BTC is Crashing ? Will it go back to 1USD =1BTC ?

Bad news from South Korea effect in bitcoin price, the price will reduce for short time and back to rise normally "will effect in the weekly chart only".

crashing mean lost more than 40% of total value and this is only normally correction price.

Will it go back to 1USD =1BTC ? 1/1000,000 possiblity
 

South Korea has made a official statement already that they are not going to ban bitcoin. I think its pure FUD what we have seen in the last 2 days. Although it was nice to see the investors didn't dump their bitcoin because of this FUD.

Yes, crashing means 30%-40%, like we have seen when China closes its door last year.

And say what again? $1=1BTC? Where the hell did you based that speculation?

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January 13, 2018, 09:11:36 PM
 #26

Can someone tell me why the price of BTC is Crashing ?
It's the cause of the FUD that was caused by somebody that created an article about South Korea is banning cryptocurrencies so everyone who have read it started to panic and keep on selling their bitcoins. And that resulted to the price of bitcoin to decline.

Will it go back to 1USD =1BTC ?
No.



 

 

 

 

 

 


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January 13, 2018, 11:36:18 PM
 #27

Can someone tell me why the price of BTC is Crashing ? Will it go back to 1USD =1BTC ?

BTC price is crashing because of a fake news that south Korea is planning to BAN bitcoin, which came out to be a FUD. BTC price fall is just a market correction and is a opportunity to buy as merket again start recovering and hope to make a new high and create a new benchmark soon.
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January 14, 2018, 03:20:23 AM
 #28

Can someone tell me why the price of BTC is Crashing ? Will it go back to 1USD =1BTC ?

The South Korean news is concerning because even if they don’t ban cryptocurrency trading, they are considering it. I think cryptocurrencies will eventually be mainstream, but there are going to be situations like this along the way that will affect the market enough to cause a crash.
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January 14, 2018, 03:37:04 AM
 #29

The South Korean news is concerning because even if they don’t ban cryptocurrency trading, they are considering it. I think cryptocurrencies will eventually be mainstream, but there are going to be situations like this along the way that will affect the market enough to cause a crash.

"considering it" in what sense? in the US, several congresspeople have called for the government to ban the use of BTC over the years. there are always people in government who will make incendiary suggestions like that.

i bet that's why the russian government contradicts itself every few months regarding their legal position. in november, the communications ministers said that bitcoin "will never be legalized in russia." yet a few days ago, the story broke that a bill was drafted to legalize cryptocurrency exchanges, and that the finance ministry is developing a list of approved exchanges.

i think "korea bans bitcoin" is the new "china bans bitcoin".....nothing more. i suspect we are entering the era of regulation, licensing, whitelisting of crypto services. my worry is that this will just be a honeymoon period before the real crackdown comes.

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January 14, 2018, 04:46:34 AM
 #30

Can someone tell me why the price of BTC is Crashing ? Will it go back to 1USD =1BTC ?

The South Korean news is concerning because even if they don’t ban cryptocurrency trading, they are considering it. I think cryptocurrencies will eventually be mainstream, but there are going to be situations like this along the way that will affect the market enough to cause a crash.
Yes some countries have shown the ban on the use of bitcoin like south korea country. But for me it can still be considered because the decision is still not final. Bitcoin still has great opportunities and has a good future. The current market turmoil is indeed one of the effects of banning bitcoins, let's move together to be able to maintain the situation. There are still many countries that have not yet made a decision and that means an opportunity to be able to convince the use of bitcoin and show the benefits of bitcoin to the government is still wide open.
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January 14, 2018, 04:56:08 AM
 #31

There are many traders on this forum who would single handedly buy every coin if it went to $1. The only way that would happen is a protocol/encryption disaster making the coin worthless.

60659 📦
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January 14, 2018, 06:52:33 PM
 #32

hahahaha.. bitcoin crashing? came on.. The price is not even going down, it is at $13000 at the moment, do you seriously think that it is a low price?
And yes, i am waiting to see a $1 usd - > 1 BTC so i can buy all the entire market again.
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January 14, 2018, 07:04:45 PM
 #33

Yep, the stock market will be crashing soon.   It'll be .00000001 BTC= 1 Dollar.
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January 14, 2018, 07:17:14 PM
 #34

That's so asinine. I swear. If ever bitcoin  goes to 1$=1BTC, the bitcoin millionaires will turn to dust. Markets will never let that happen. There is something called support levels to support the prices of bitcoin if it keeps falling, pumps will invest most of their money to rise the value of bitcoin, if they find it to be financially beneficial for them. This crash is common, this happened last year too, at the beginning of the year and now also the same is happening.


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January 14, 2018, 11:24:23 PM
 #35

hahahaha.. bitcoin crashing? came on.. The price is not even going down, it is at $13000 at the moment, do you seriously think that it is a low price?
And yes, i am waiting to see a $1 usd - > 1 BTC so i can buy all the entire market again.

well, this is the risk that is in my investment suggest this is a fairly low amount. and to buy bitcoin is a very good time.😅😀
I hope all can benefit from the trade done.
bitcoin is one of the best places to look
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January 15, 2018, 01:50:30 AM
 #36

Can someone tell me why the price of BTC is Crashing ? Will it go back to 1USD =1BTC ?

This was due to the Prime Minister of South Korea declared that they will ban the use of all digital currencies in which resulting Korean investors to become afraid and decide to dump their coins than it will become no more use or no more value in their country. We just hope that the PM will change their mind and will continue to support bitcoin.

Once bad news like this come out, it would likely make the btc price go down. A minimal dump would make the btc price go down but it does not mean that we will experience a crash. Also, we have been experiencing a correction along with this. There will be a pump soon so that the traders especially will earn profits.

1 USD = 1 BTC is way too far. There are still so many supporters and users, so it's not likely for that to happen since many still have a hand on the market.

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January 15, 2018, 02:22:46 AM
 #37

Can someone tell me why the price of BTC is Crashing ? Will it go back to 1USD =1BTC ?

Crash, seriously? You are exaggerating things. A drop or decline would be a much suitable term from the recent price decrease. Besides, we are at the middle of January and we are experiencing bearish market ever since 2018 enters, nothing is to be worried about.

1USD = 1BTC? Exaggeration might have been an understatement for you Roll Eyes
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January 15, 2018, 02:26:23 AM
 #38

I don't think we'll see 1:1 soon. But I do think we'll go below $3000 in the next month. BTC failed as a payment system, everybody knows it and Lightning network is delayed for 18 more months and it's extremely flawed anyway so it won't even matter. The big guys (smart money) know it and are building up their short positions, while the little guys are going to get killed on their longs: wsj.com/articles/little-guys-and-big-trading-firms-square-off-in-bitcoin-futures-arena-1515326400

Be smart, follow the big guys and short BTC, that's where the money is to be made.
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January 15, 2018, 03:32:06 AM
 #39

Can someone tell me why the price of BTC is Crashing ? Will it go back to 1USD =1BTC ?

Crash, seriously? You are exaggerating things. A drop or decline would be a much suitable term from the recent price decrease. Besides, we are at the middle of January and we are experiencing bearish market ever since 2018 enters, nothing is to be worried about.

1USD = 1BTC? Exaggeration might have been an understatement for you Roll Eyes
Even there is news about bitcoin, it will not resulted into crashing. Bitcoin decrease the value we cannot say it will crash, it happen in the market that price may go high and down. Yes there is nothing worried about bitcoin we can see again of the prices to go high.
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January 15, 2018, 03:44:12 AM
 #40

The famous market crash before the BTC bounces as always back up

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