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Author Topic: 2018 bitcoin plummeted  (Read 239 times)
worldooftanks
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February 02, 2018, 05:41:49 AM
 #21

In February, all will become clear what will happen with bitcoin and its Althingi,because the market situation is not favorable to improve the situation
mobomofo
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February 02, 2018, 05:49:37 AM
 #22

To be honest, I started to panic.
Because the latest bad news is too much.
Countries' regulatory policies, facebook's ban on ICO advertising, and the theft of Japanese exchanges.

I guess you werent around in 2012-2013...those were bad years, and they didnt have BTC futures trading, enterprise blockchain, etc.
So answer me this: How does any government regulate a non centralized currency? They cannot raid a central repository, or subpoena records? Especially when discussing privacy coins like monero, zcash, zclassic, btcp. The ledgers obfuscate the amounts. Also since major retailers such as expedia, overstock and newegg are accepting crypto, then it never has to convert back to fiat.  

We have more adoption then ever, wallets that run on cell phones, retailers that accept payments, and we hear the same regulatory BS every year since 2011. This is FEB...and every year for the past few years the market had dipped and then come back up.

Can you explain why the US stock market also took such a hit after an end on end increase the past few weeks? Probably beacause Jannet Yellen stepped down. This is all normal for the stock market just as Feb is normally down for the Crypto market. HODL tight Mar-June should be great!

If you dont have the stomach for it  either get out and buy gold or get some tums and valium, double down (cost averaging), and ride it out.
trickyriky
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February 02, 2018, 09:42:05 AM
 #23

In the past two days, the value of bitcoin dropped for the first time, dropping below the level of $ 10,000 first and then continued its slow decline at a price of around $ 8,800 for more than 30% in three days, leading to a general decline in the copycat currency and a larger decline than the decline in bitcoin Also exaggerated, and some decline even more than 50%, 2018 new year will be bitcoin another September 4, 2017 it? Are you panic? Cry

Certainly, the situation on the market is something that is very unpleasant, but I do not panic. Open Bitcoin (or other popular coin) chart and look through it. You will see that great falls happen regularly. The growth comes after it.
terible.hunter
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February 02, 2018, 10:06:44 AM
 #24

A lot of information has already been said about the fact that all this is a big correction, so probably it's worth just waiting. Because the market is cyclical and again everything will be green

Snixer
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February 02, 2018, 10:34:45 AM
 #25

In the past two days, the value of bitcoin dropped for the first time, dropping below the level of $ 10,000 first and then continued its slow decline at a price of around $ 8,800 for more than 30% in three days, leading to a general decline in the copycat currency and a larger decline than the decline in bitcoin Also exaggerated, and some decline even more than 50%, 2018 new year will be bitcoin another September 4, 2017 it? Are you panic? Cry

If you are panicking and you are worried that you might make a mistake that you'll regret later, you should just hold and stop looking at charts/prices for at least a month or two.

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crimsongoth
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February 02, 2018, 10:41:48 AM
 #26

I think Bitcoin won't get the old price in the long run. Bitcoin can experience a vertical decline in the $ 3500 - 5000 range, especially if the manipulation claims made by the regulators about bitfinex and tether are correct.
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