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Author Topic: Your opinion about the fall of bitcoin  (Read 2109 times)
Ozero
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February 14, 2018, 05:43:23 AM
 #301

I think that the fall of the bitcoin course is already in the past and he is already preparing for another growth. The course of bitcoin has been gradually increasing for a fairly long time, there is no longer a periodic lowering, which increases the likelihood that soon it will start to rise. If in the future there will not be large false negative news about the crypto currency, this will mean that the attack on the crypto currency is completed and soon the bitcoin will be given the opportunity to grow.

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February 14, 2018, 05:54:12 AM
 #302

I think it does not crash down suddenly and I know that it will continue to grow and expand even more because it will fall and it will no longer benefit nothing but all the people who are struggling to spend most of the time may not let any managers it's a bitcoin for bit of money because the world of crypto currency is so big that it does not have to worry about the big things because in case the bitcoin drops a lot of people get angry because they do not carry out their favorite for their lives. Huh
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February 14, 2018, 09:48:39 AM
 #303

Bitcoin is just doing correction from it's high-end level which is very much necessary and for anyone who wants to earn stable income has to accept this market too.

but unfortunately, the correction is too deep and makes many people panic and they are just selling their bitcoin to early without waiting for the price increase back. but it is fine because I can buy bitcoin at a low price and I think many people which buy bitcoin too. we are going to see bitcoin price increase again and I think this time, the price will reach the price before first before it increases higher.

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February 14, 2018, 10:48:48 AM
 #304

Maybe bitcoin are going to fall, but not the new world of crypto. It's just the biginning.
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February 14, 2018, 11:01:16 AM
 #305

The first time I saw it, I was a bit surprised too. Yet a few months yesterday alone can penetrate up to nearly 300 million, now even down 2/3 its. But maybe bitcoin prices will definitely rise again in the next few months. Smiley

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February 14, 2018, 11:15:43 AM
 #306

My opinion on the fall of Bitcoin are partly the result of continuing fears about regulation, as well as anxiety provoked by a series of high-profile thefts.However, there are serious fears that bitcoin has created a bubble that could burst at any moment. Also, we have numerous financial experts which advised potential investors to avoid getting involved with bitcoin, and the SEC has told people to “exercise caution” and be wary of scammers,all these media updates contribute majorly to the fall.

billionaireSHS
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February 14, 2018, 01:43:11 PM
 #307

Well base on my own opinion it is normal because since I was joined in bitcoin I am aware that this is always happening. Because according to my classmate bitcoin is volatile and it has the ability to pump and dump the price of it. And also according to him it serves as an advantage to the traders and savers to have more profit or income.

arteezyy
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February 14, 2018, 02:09:12 PM
 #308

I honestly think that there are many variables to be blame for the fall of bitcoin. First: Some company, a few or maybe a dozen, decided not to use bitcoin as a currency for them to advertise their projects. Second, maybe because many people got bankrupt while investing in the wrong time and panic selling in the end. Third, many government are trying to ban or block the usage of bitcoin in many store or business where you can sell or buy bitcoin. There can be many reasons but i personally think that bitcoin will recover by itself sooner or later.

holtzmann
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February 14, 2018, 02:18:30 PM
 #309

The weak hands will always get shaken out, because the bitcoin market--like every market in existence--is going to go through serious crashes like this.  And come on, people have been predicting a drop like this ever since we crossed $5000. 

When we hit $19,000 it was pretty damn obvious that bitcoin wasn't going to stay there because it rose way too fast.  Noobs don't realize that bitcoin is not an asset that "just keeps going up day by day".  I don't know how many times I've read those words here, but they're idiotic. 

Nothing in the world goes straight up.  Didn't happen in 2013 and it won't happen now.  And what do I think about bitcoin being below $8000? 

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You are right. Falls and rises are in the nature of btc as a crypto. Like Bitcoin - face the music. I am much more worried how government and cental banks' regulations can influence its movements, and there will be more restrictions and bans soonest, I suppose. Their influence and following media coverage can bring extremes even more than now.
aleksej.rozhkov
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February 14, 2018, 02:21:25 PM
 #310

I think that the current price for bitcoin can not be considered its fall. Remember that we spoke literally half a year ago. We thought that at least 5k worth, but now 8k and we are not happy. The fact that the price of bitcoin has increased to almost 20k indicates that there was a lot of excitement for him. It seems to me that the current price is optimal for bitcoin, but of course like many I hope for the best.
Petmalu001
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February 16, 2018, 09:37:15 AM
 #311

Bitcoin will experience increased volatility and based on current price trend it could set new all time highs sooner than later. Keep in mind the sharper the

rise up and the quicker it happens the faster the collapse which will provide a bounce opportunity for those who are daytrading bitcoin. The danger that BTC

is still sinking but still exists, so I would advise anyone to buy with care.
Babylon
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February 16, 2018, 11:19:36 AM
 #312

Sometimes Bitcoin cannot be explained using technical analysis. IMO, there are too many fuds recently. Another reason is due to the Chinese New Year in mid Feb, I guess many Chinese will cash out during this period.

But I am confident that Bitcoin will recover later on.

Yeah but for me it's just natural that the price of bitcoin falls. There are many reasons why bitcoin drops. But I think the main reason for this drop is the bitcoin since the start of 2018. The price of bitcoin has been recorded before the end of the year. The price is up to 800k and the size of the seedlings since the 2018 intake is in almost half the downside so there are people who are angry and have stopped using bitcoin. Hopefully we will continue to use bitcoin even when it drops big.

 
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February 16, 2018, 11:25:21 AM
 #313

The fall of bitcoin is just a way to make it balance. Bitcoin can't just continually grow like there is no but up because the market will be stable. No one is going to sell because bitcoin is kept going up. I believe that bitcoin will soon recover and those who invest when the value of bitcoin is low will surely profit a lot when bitcoin finally recovered.
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February 16, 2018, 11:39:01 AM
 #314

The fall of bitcoin is just a way to make it balance. Bitcoin can't just continually grow like there is no but up because the market will be stable. No one is going to sell because bitcoin is kept going up. I believe that bitcoin will soon recover and those who invest when the value of bitcoin is low will surely profit a lot when bitcoin finally recovered.


Actual it is just part of a business to experience dropping of it status. There are lot of factors why Bitcoin started to drop upon entering year 2018. But through the continuous support if Bitcoiners I believe that Bitcoin will rise up again. The more investors the better.
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February 16, 2018, 11:47:28 AM
 #315

The fall of bitcoin is just a way to make it balance. Bitcoin can't just continually grow like there is no but up because the market will be stable. No one is going to sell because bitcoin is kept going up. I believe that bitcoin will soon recover and those who invest when the value of bitcoin is low will surely profit a lot when bitcoin finally recovered.


Actual it is just part of a business to experience dropping of it status. There are lot of factors why Bitcoin started to drop upon entering year 2018. But through the continuous support if Bitcoiners I believe that Bitcoin will rise up again. The more investors the better.
The price of bitcoin that goes down is only temporary in nature because it will bounces back as expected like what happened last year  these might be the results of panic dumping of some investors that is a weak hand. But they don’t think that the big whale are waiting them to dump.
 
 

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February 16, 2018, 11:54:10 AM
 #316

Yes of course that's normal because bitcoin is always like that at the beginning of the year, in my opinion this is also an opportunity that is given to investors who want to invest in bitcoin.Suatu unique system because it has its own time to embrace the users and investors.
If we already understand the crypto and blockchain I think the fall in bitcoin prices is just a matter of course and no need to worry about.

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February 16, 2018, 11:58:01 AM
 #317

A fall below $ 7,950 on the bitfinex will make it clear that the markup is not valid, because wave 2 can not fall below wave 1. This will be very bad.
Bitcoin has in a bad situation since the year starts however, it doesn't mean that its price will not rise up again. It's happening because bitcoin now lacks in demand. I think the one of the reasons of it is the mass selling of it last December, another is the banning of it in China. This factors give a great effect to the price of bitcoin now, but don't panic, pumping and dumping of price always happen here and bitcoin market will recover soon.
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February 16, 2018, 12:00:15 PM
 #318

A fall below $ 7,950 on the bitfinex will make it clear that the markup is not valid, because wave 2 can not fall below wave 1. This will be very bad.
Sometimes the cause of a bitcoin crash is not explained by technical analysis. Its collapse is caused by a variety of reasons, and its price is constantly changing. We don't have to worry. What we need to do is to wait patiently, and it will return to normal.
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February 16, 2018, 12:07:45 PM
 #319

A fall below $ 7,950 on the bitfinex will make it clear that the markup is not valid, because wave 2 can not fall below wave 1. This will be very bad.
Sometimes the cause of a bitcoin crash is not explained by technical analysis. Its collapse is caused by a variety of reasons, and its price is constantly changing. We don't have to worry. What we need to do is to wait patiently, and it will return to normal.
Yeah there may be huge investors who even play with bitcoin by shuffling their millions and directing the traffic to gain profits like share market so small investors will obviously loss during this scenario.
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February 16, 2018, 12:09:18 PM
 #320

Fake news makes bitcoin price drop because some of investor are panicking and selling their holding and the whales are buying it at very low price.
We should hold our bitcoin and setback and don't panic for every fake news that are made by some crypto whales.
Some bad news about banning Bitcoin are from government news these countries Indonesia, South Korean and India that having big impact makes price was drop dip. Many investor are worried and taking their money from market panicly, while some others still hold and waiting. However, the fact is that the prohibition does not apply to all areas of Bitcoin use. The use of bitcoin as a means of trading and assets is still allowed at their own risk.
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