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Sahyadri
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March 05, 2018, 04:39:57 PM |
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$2000 was quite possible if the Bitcoin had Broken $6k support level when bitcoin touched the bottom in feb. But the market manipulators (MMs) can't afford to panic people to this level. And from there the price surge started. Therefore, we can safely assume that MMs won't let the price drop to these levels. Else, everyone will panic sell throwing the price to floor. MMs play with the sentiments and know how to manipulate and to what level.
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raven7886
Legendary
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Activity: 1512
Merit: 1041
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March 06, 2018, 05:21:31 AM |
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I don't think it will ever reach that low because there are lots of investors and whales who are waiting for bitcoin to fall down and they will buy in. As we can see, the last time bitcoin hits 6,000$+, it then goes up because for them (investors and whales) it may be the lowest price for bitcoin that they will ever see and so bitcoin rises up to 8,000$.
It is even funny how some people hype themselves by calling themselves an expert and then in the long of it, they end up terribly spewing out rubbish to the whole world, stuff they had better just keep to themselves. I only blame those who listen to them anyway as they are the ones that make them feel relevant. Bitcoin getting to that level obviously shows a lot of weakness already and I do not see how that can ever happen. |
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Kiweikoo
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March 07, 2018, 08:41:42 AM |
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Bitcoin price is going up now i think it will not reach thqt price.
Even when it was not going up it would not have reached that level. What happened to support, what happened to those who really bought into bitcoin for the real reasons? I guess we are forgetting all of that and concentrating on some who are busy saying all they feel like saying without any knowledge of what they are talking about or a single clue than just assumptions. $6000 was extremely cheap and I wish those who are still waiting for $1000 the best of luck. Hope they get the best from their waiting. |
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putrii
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March 07, 2018, 10:52:52 AM |
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Some experts who says bitcoin to completely crash is it true ? One of the reason said is virtual currency having no physical form and at least no transferable physically can not be recognized by retail public users.
if bitcoin drops to the price you mention it is a nightmare for investors because they are already buying bitcoins at $ 20k and that will make the investors very depressed because of losing so much money. |
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CodyAlfaridzi
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March 07, 2018, 10:58:43 AM |
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Some experts who says bitcoin to completely crash is it true ? One of the reason said is virtual currency having no physical form and at least no transferable physically can not be recognized by retail public users.
No. At this point I'm confident we will never go below $5K ever again. Who are these people that you call experts? Their reasons doesn't make sense at all. There's absolutely no need for physical form for a currency at this age. Even most governments are already on their way to make their country a cashless society. Physical money is obsolete, everybody agrees that. Your "experts" are definitely not experts. |
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Kevin77
Legendary
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Activity: 1652
Merit: 1057
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March 08, 2018, 11:59:49 AM |
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$2000 was quite possible if the Bitcoin had Broken $6k support level when bitcoin touched the bottom in feb. But the market manipulators (MMs) can't afford to panic people to this level. And from there the price surge started. Therefore, we can safely assume that MMs won't let the price drop to these levels. Else, everyone will panic sell throwing the price to floor. MMs play with the sentiments and know how to manipulate and to what level.
I am sure they always have their targets as well and the thing is that even with the little that happened and the value of bitcoin breaking below the MA-200 that has been holding it for a while, that started making investors skeptical about the strength in bitcoin's value. Nevertheless, only time will give an answer to that and I am sure a lot of panic would have ensued if we ended up seeing such a scenario playing out where bitcoin ended up hitting the ground nonstop. |
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Kodok Bencot
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March 08, 2018, 02:33:50 PM |
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Everything can happen, I never worry even though someday bitcoin price = $ 1, and of course this makes us always have to be alert with the latest developments and news because a lot of negative news about bitcoin currently makes a lot of users left.
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boranes
Sr. Member
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Activity: 644
Merit: 253
Change Your Worlds Build a New Era!
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March 08, 2018, 04:13:29 PM |
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Some experts who says bitcoin to completely crash is it true ?
Who are these experts everyone is talking about?  One of the reason said is virtual currency having no physical form and at least no transferable physically can not be recognized by retail public users.
What is value of 1 gram of paper? I bet it is under 1$. Now, add some ink on it and write 100$ and you will have 1$ paper worth 100$. Saying virtual currency will crash because it doesn't have physical form is lack of knowledge. |
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upsidedown75
Legendary
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Activity: 1288
Merit: 1036
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March 10, 2018, 08:39:30 AM |
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Some experts who says bitcoin to completely crash is it true ? One of the reason said is virtual currency having no physical form and at least no transferable physically can not be recognized by retail public users.
if bitcoin drops to the price you mention it is a nightmare for investors because they are already buying bitcoins at $ 20k and that will make the investors very depressed because of losing so much money. Point of correction, smart investors does not buy when price is being hiked with no fundamentals backing it and that was what happened. Most of the people who ended up doing that were the new investors who do not have much knowledge and would not want to miss out and some who just wants to get rich overnight thinking bitcoin will head straight to $1m without any correction. Main investors wait to buy at time that is right like this one as long as it sounds reasonable. |
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leea-1334
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March 10, 2018, 09:08:19 AM |
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Point of correction, smart investors does not buy when price is being hiked with no fundamentals backing it and that was what happened.
Most of the people who ended up doing that were the new investors who do not have much knowledge and would not want to miss out and some who just wants to get rich overnight thinking bitcoin will head straight to $1m without any correction. Main investors wait to buy at time that is right like this one as long as it sounds reasonable.
Smart investors do not really buy at all, not beyond what what they have already bought, this theory of dip buying usually only applies to two types of investors. The first is holders who just want to keep it in their bags and add as long as they have money. The second is short term traders just buying every dip, waiting to flip it as soon as price recovers. |
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katiecbell
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March 10, 2018, 11:28:13 AM |
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According to Satoshi Nakamoto, it could fall to 0 as in Zero, Zilch, Nada, or Nothing. Do what you will with this info.
Yeah, in the sense that there is no value for it anymore, then that would happen or in the case where everyone is just busy bag holding and no one wants to buy or make use of it for any reason. However, that is in the normal sense, but at this stage that we are, that does not seem to be possible again. Sure, no one can say what the future holds, and who says we cannot see $1000. The market is volatile and anything is possible, but we are all trying to just be optimistic. |
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nelsledma
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March 10, 2018, 12:30:16 PM |
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I think its not possible anymore. It gained lot of publicity and there are many investors believing 10000 dollars is even cheap. 1500 dollar price would create madness among investors and quickly pump the price back.
Yeah. Even at around 5k, the whales would already make their move so that 1.5k amount at this point may be close to folly. We're well past that point now and unless btc gets hacked entirely, i don't think we can go that low anymore It is not even reasonable at all, most especially since we have been able to break out from a downtrend and all we are trying to find now is some level of support afterwards. If bitcoin wanted getting to that level, it would have gotten to that level a while back but the thing is that some people wait for some ridiculous amount listening to everything they hear and they always end up missing the right moment. Bitcoin will just take its time and afterwards, get back on track. |
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mkhadazz
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March 10, 2018, 03:57:06 PM |
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Some experts who says bitcoin to completely crash is it true ? One of the reason said is virtual currency having no physical form and at least no transferable physically can not be recognized by retail public users.
from the graphic movement I see in bitcoinwisdom ( https://bitcoinwisdom.com/markets/bitfinex/btcusd) there is a possibility the price will go down but hopefully this will not happen because if this happens it will be a lot of no longer trust with bitcoin and assume bitcoin bad. |
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dharnamonitor
Full Member
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Activity: 448
Merit: 100
★Bitvest.io★ Play Plinko or Invest!
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March 11, 2018, 03:43:17 AM |
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There are many people who claim themselves as an expert, they differ from each other's prediction. Some only provides FUD that could contribute on the fluctuations. There is a possibility that the bitcoin could fall to that price but ut is unlikely to happen for now.
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Ararbermas
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March 11, 2018, 07:50:52 AM |
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There are many people who claim themselves as an expert, they differ from each other's prediction. Some only provides FUD that could contribute on the fluctuations. There is a possibility that the bitcoin could fall to that price but ut is unlikely to happen for now.
they claim their selves as an expert because they want to manipulate the price in the market which is they are sharing false prediction and articles to intimidate weak hands .so that after they can buy also in dip when the price drop, and actually that is the common ways and effective strategy of some fud's, and i hope this will be a good lesson for those who panic sell without knowing if its a bluff or fact news. |
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carlisle1
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March 11, 2018, 11:53:04 AM |
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Some experts who says bitcoin to completely crash is it true ? One of the reason said is virtual currency having no physical form and at least no transferable physically can not be recognized by retail public users.
youre head will crash first before bitcoin does,suck you fud issue maker should shut up your mouth and stop doing this trash kind of post.you dont care what would be the effect in market and investors,what you only concern is what pays you. |
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worle1bm
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March 11, 2018, 04:48:30 PM |
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Some experts who says bitcoin to completely crash is it true ? One of the reason said is virtual currency having no physical form and at least no transferable physically can not be recognized by retail public users.
I don't which experts are sitting there which are making such stupid speculations and spreading rumors that it will fall to such low level like $1000-$1500 which is not possible at all and you need to make some research before believing all this stuff and then reach any decision. |
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ThunderCatSteve
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March 11, 2018, 11:56:13 PM
Last edit: June 05, 2018, 10:43:06 AM by ThunderCatSteve |
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Some experts who says bitcoin to completely crash is it true ? One of the reason said is virtual currency having no physical form and at least no transferable physically can not be recognized by retail public users.
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yanesna3
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March 12, 2018, 11:56:34 AM |
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i think those people just speculate regarding bitcoin future and if the cause bitcoin crash is bitcoin have no physical form i think bitcoin will already dead early before growing just like now and i think that reason does not makes sense for me because bitcoin is valuable and everybody agreed about that even though no physical form
If bitcoin were to crash, it would have happened a long time ago and even while we are at the situation of seeing the downtrend, a lot of people would have just dumped if it was just a mere bubble that popped. Of course, some would debate it that bubble does not just pop once, but obviously, anything with a value and usefulness will not just drop huge like that when it has not become useless. That is true. There are too many so-called experts that consider that they can predict the price of Bitcoin. Initially, BTC price cannot be foreseen. It is impossible. |
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blitz18
Member
Offline
Activity: 248
Merit: 10
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March 12, 2018, 12:43:42 PM |
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Some experts who says bitcoin to completely crash is it true ? One of the reason said is virtual currency having no physical form and at least no transferable physically can not be recognized by retail public users.
I don't which experts are sitting there which are making such stupid speculations and spreading rumors that it will fall to such low level like $1000-$1500 which is not possible at all and you need to make some research before believing all this stuff and then reach any decision. I dont believe on speculation some saying price might hit to that level. Bitcoin will soon hit to ath maybe this coming months and it will adapts by many users. So many fuds that they wants to buy at lower price. |
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