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Author Topic: Bitcoin price today 27/1: Continue to decrease, the future is blind  (Read 124 times)
blambaba (OP)
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January 27, 2018, 09:04:03 AM
 #1

Bitcoin prices today continue to maintain the state of decline since the beginning of the year, although in the increased but not stable.
Bitcoin price today was trading at $ 11,214 / bitcoin, down $ 500 compared to the same time yesterday.
Thus, Bitcoin prices continue to decline from the beginning of the year. In the trading session, Bitcoin prices have been rising but not stable. Some investors are worried about the futile future of virtual currency.
What do you think?
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January 27, 2018, 09:17:54 AM
 #2

Nothing can keep going up, and so does bitcoin.
I still remember when I first learned about bitcoin, it was just under $1,000, but now it's up to $20,000.
As governments for encrypted further regulation of cryptocurrency market, , when governments acknowledged that legal, then you may still be seen BTC slowly increases.

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January 27, 2018, 09:19:42 AM
 #3

True, we may see and even further dip in the upcoming months as Govts around the world will discuss about trying to regulate Bitcoin in the future.. These are quite uncertain times for Bitcoin, but I hope that it will survive in the end.. It's the most secure network I know.
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January 27, 2018, 09:21:01 AM
 #4

However, Bitcoin is not the only dong slide. Some popular types of money like Ripple, Ethereum and Litecoin also suffer the same fate. Wall Street analysts have issued a series of bad prospects for Bitcoin in 2018.
But I believe in Bitcoin, believe in its future. Fluctuations will have growth.
cryptocue
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January 27, 2018, 09:26:17 AM
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Seems that im going to buy more BTCs with these dips,im very excited to get more.This is the perfect time to go bitcoin and alts shopping i want to see a bloodbath that will give us -50% with the solid alts like ethereum and neo,ada would definitely one of my priority to buy.Futures will affect a lot on bitcoin's price but im sure it will recover few days from now.

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January 27, 2018, 09:31:18 AM
 #6

An interesting point that I came across somewhere (sorry, don't remember where) is the following. Everyday, there is an expected number of 144*12.5 = 1800 BTC mined. Miners will sell there coinbase BTC as soon as possible (after a minimum of 100 confirmations), because they have to pay their daily expenses. At a price of around 11,000 USD per BTC, that means there has to be an influx of about 20 million USD per day, just in order for the price not to decrease.

We can do a similar calculation for LTC. The expected number of coins mined per day is 576*25 = 14400. At a price of  around 180 USD per LTC, there has to be an influx of about 2.6 million USD per day for the price to be stable.

It would be interesting to see the total number for all important coins, i.e. how much money has to daily flow into the market in order for the price just not to decrease.
Koobtcgal
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January 27, 2018, 09:42:59 AM
 #7

I believe in the patterns of growth of bitcoin and its prices. I see bitcoin decreasing at this time of the year as expected and so it will bounce back at due time no matter how strict regulations governments want to take on cryptocurrencies.
You know bitcoin price in 2017 was more than expected, some predicted 10,000$ last year but it passed that and maintained its price above that predicted price so those who knew what could possibly happen took advantage and are not crying out loudly as some are doing. For me, considering btc price for 2018 as 10000$ is cool price to start with so let's prepare to moon and stop thinking about governments around the world. They have nothing good for us apart from high taxes.Cheesy.
My lat words: consider coins drop as something expected and for that reason, you should have prepared to meet it. This is what people believe in and for that reason, the beginning of every year will start with this same drop as I know very well that those who have learnt a lesson from this will case out early next year 2019 and the drop will start from there again...this is how it'll be and will continue. Sorry if you didn't know this earlier.

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January 27, 2018, 09:51:08 AM
 #8

Although the price of bitcoin has fallen sharply, there has been a big rise in every big drop.
As long as we have confidence in bitcoin, bitcoin will reach a new level in the future, and any policy regulation is good news. Grin

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