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Author Topic: Bitcoin now below $10,000  (Read 2707 times)
jsrenthourse
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February 02, 2018, 06:51:15 AM
 #81

Bitcoin now has really drops below $10k so it is hard to sell because of losing profit. It is also hard to enter the market now because of this so much fluctuation that price will enter to fell down again. On this current situation it is good to wait for the bullish trend to have the next move.
I believe that in the near future bitcoin price will drop even more sharply to $ 7500. It is very clear that India has recently decided to ban all bitcoin-related activities in the country. This will cause the market to lose a large number of investors, causing the price of bitcoin greatly reduced. Currently bitcoin prices are $ 8500 and there is no sign of rebounding again.
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According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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tarpa07
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February 02, 2018, 06:56:59 AM
 #82

In a couple of days bitcoin came bellow $10,000 and someday ago bitcoin price is over $10,000 + because when people know s koria ban bitcoin but that was fake news s koria not ban bitcoin and in a some days later bitcoin price again grow, hope it will be reach $20,000 in this end of year that means end of 2018.
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February 02, 2018, 06:57:06 AM
 #83

For some couple of days now, the price of bitcoin has been between 10k - 11k (which i actually thought would take a support at the said range).
Knowing now that it has gone below, what is your take on the current situation.
It might drop more from now. I see experts saying it will go to $7500, and then bounce back, but I think at this point it is to risky to trade.
If you have been holding Bitcoin so far, and believe in its long term success, I don't think it is a good idea to touch your coins right now.

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February 02, 2018, 07:04:13 AM
 #84

I've been here from like 2014.

To me this is nothing but blatant market manipulation.

Most of you don't remember but the demand in India for Bitcoin was so high that exchanges had to pause trading because they were none for sale.

Now this "legal tender" fud they are throwing around is a big joke.
It's serious threat for those people who come to invest at the highest price around $15k to $19k , they are shocked especially a newcomer who didn't make a good plan enough. We might know that future price promising another ATH but of course it costs a lot of of time and you have to be patient otherwise things could went wrong and instead having some profit it provides you tons of problem.

I'm in 400,000 euros debt , dont help me , i rather die
cryptoblue77
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February 02, 2018, 07:06:23 AM
 #85

Bitcoin has maintained down trend for more than a month and it has presently come down under 10k. I still believe, bitcoin has a very good prospect in future. It will rise again in a few weeks time.

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February 02, 2018, 07:18:43 AM
 #86

For some couple of days now, the price of bitcoin has been between 10k - 11k (which i actually thought would take a support at the said range).
Knowing now that it has gone below, what is your take on the current situation.

It's the right time to buy lots of bitcoins and it also holds a long time to make you big.
cryptoimal86
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February 02, 2018, 07:52:55 AM
 #87

If you brought btc when price is high, just hold for some times. don't panic and sell. if not, this is the time for buy some BTC, make to buy it batch wise.
naftaman
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February 02, 2018, 08:10:15 AM
 #88

Well I just regret I haven´t wait one or two more weeks to buy  Undecided Shocked
redfin31
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February 02, 2018, 09:39:11 AM
 #89

For some couple of days now, the price of bitcoin has been between 10k - 11k (which i actually thought would take a support at the said range).
Knowing now that it has gone below, what is your take on the current situation.

it's the best time to buy some bitcoin or altcoin, today bitcoin price are down to $8000, and i won't to miss this moment to buy them. hold them till next month and let's see what happen on the next month.  Smiley

AlNu
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February 02, 2018, 09:43:44 AM
 #90

I believe that this decrease is artificially done, negative news has already passed, but the situation continues to be aggravated, neither does anyone see positive, although it already exists. And the exchanges stopped the influx of new users, although there are a lot of applications.
crzy
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February 02, 2018, 09:48:15 AM
 #91

Well I just regret I haven´t wait one or two more weeks to buy  Undecided Shocked

We cannot control the market, and don't regret that you bought bitcoin a little bit higher because its actually a good decision. Don't just expect easy profit, on every market we need correction for us to make more money. Lets keep on learning and believe that bitcoin will lead us to brighter tomorrow.
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February 02, 2018, 10:02:59 AM
 #92

I will just HODL. It is a bit unstable moment to buy more BTC because if something goes wrong once again it still may get even lower, now BTC is somewhere on the border. Most of this FUD was causet by the crash of Tether. Earlier at the point of 10k I've been expecting BTC to lose about 10% and  then start its recovery somewhere in march (the forecast is made based  on the last big dumps) so the general situation is still fitting my expectations.

I agree. This is the smartest move to do instead of selling it now due to fear of losing, and in return, actually lose a lot of money. Because for sure, many of the people who are holding bitcoin today bought it for either that value or maybe a little lower, thus, if you would sell it now, the profit margin would be too small, or worse, you would lose some of your capital because you would be selling it for a price lower than how much you bought it for. Also, I think that many people have expected this trend to happen because of how bitcoin surged a few months ago that was very uncanny. However, Bitcoin has the capacity to regain its value back, so just be patient and hold onto them Bitcoins.

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February 02, 2018, 10:12:54 AM
 #93

Well I just regret I haven´t wait one or two more weeks to buy  Undecided Shocked

We cannot control the market, and don't regret that you bought bitcoin a little bit higher because its actually a good decision. Don't just expect easy profit, on every market we need correction for us to make more money. Lets keep on learning and believe that bitcoin will lead us to brighter tomorrow.
Yes i agree on that no easy money at all everything is really unpredictable specially on the cryptocurrency feild we cannot really predict the movement of the price.I think we really need a big patience to make a profit on this feild.I think we dont have to be afraid of the droping of price because it is the natire of bitcoin.
kolega
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February 02, 2018, 10:44:39 AM
 #94

Due to the reduction without correction, no signal to enter tightly in the purchase. Need to save money.
The endpoint of this movement down to see 7950-8250 5-6 February. It is not clear, it's the bottom or not. The reversal is when it is at least 3--6 hour charts will be in purchase. Below there are levels where may be BTC.
cryptotricks
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February 02, 2018, 10:55:45 AM
 #95

Just HODL. It will pump in the coming months.
naftaman
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February 02, 2018, 11:27:53 AM
 #96

Well I just regret I haven´t wait one or two more weeks to buy  Undecided Shocked

We cannot control the market, and don't regret that you bought bitcoin a little bit higher because its actually a good decision. Don't just expect easy profit, on every market we need correction for us to make more money. Lets keep on learning and believe that bitcoin will lead us to brighter tomorrow.
Yes i agree on that no easy money at all everything is really unpredictable specially on the cryptocurrency feild we cannot really predict the movement of the price.I think we really need a big patience to make a profit on this feild.I think we dont have to be afraid of the droping of price because it is the natire of bitcoin.
I don´t hold any bitcoins, all my assets is in altcoins which are going down even more.
I don´t regret, I believe during the year it will go up but it´s just frustrating go down right after buy which seemed very good week ago  Cheesy
jsrenthourse
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February 02, 2018, 04:11:19 PM
 #97

I will just HODL. It is a bit unstable moment to buy more BTC because if something goes wrong once again it still may get even lower, now BTC is somewhere on the border. Most of this FUD was causet by the crash of Tether. Earlier at the point of 10k I've been expecting BTC to lose about 10% and  then start its recovery somewhere in march (the forecast is made based  on the last big dumps) so the general situation is still fitting my expectations.
I think if you are storing tether then use it to buy bitcoin right now, because at the moment the price of a bitcoin is extremely low only $ 9000 a bitcoin, this is extremely great price. I think bitcoin will still be able to diminish further due to the bad news from India that the country has banned all bitcoin-related activities.
Soksuci
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February 02, 2018, 04:30:31 PM
 #98

Well that's okay.

The bigger the correction then the higher the rally.

Just HODL and don't short Bitcoin Smiley

Cheers  Grin
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February 02, 2018, 04:53:17 PM
 #99

For some couple of days now, the price of bitcoin has been between 10k - 11k (which i actually thought would take a support at the said range).
Knowing now that it has gone below, what is your take on the current situation.

Now bitcoin has gone below and today is historically below of 2018, i saw in the day bitcoin was reached at $7800. But now the good news is that again bitcoin start to rise and in this time bitcoin has come $9040. Now you will see again 10k to 11k within week. So let see what is going on with bitcoin price in the next few weeks.

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astridplomp
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February 02, 2018, 05:17:06 PM
 #100

For some couple of days now, the price of bitcoin has been between 10k - 11k (which i actually thought would take a support at the said range).
Knowing now that it has gone below, what is your take on the current situation.
bitcoin below 10000$ in a good news for investors to start buying bitcoin rightnow with a very cheap price, i believe this is the time to buy some bitcoin with a so much profit table price, bitcoin has been predicted to get higher than 20000$ and may be 50000$ very soon, so yes, this is the time for you to own some bitcoin when the market is not rising for now.

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