Bitcoin Forum
May 05, 2024, 11:38:30 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: ⚠️ Cryptocurrency is in jeopardy, falling to a record of $6,000⚠️  (Read 137 times)
NileCoin ICO (OP)
Member
**
Offline Offline

Activity: 185
Merit: 10

NileCoin ICO


View Profile WWW
February 06, 2018, 04:10:32 AM
 #1

As expected, Bitcoin in specific and cryptocurrency in general saw a growth in price; however, they all soon plunged after that.
Never before has Bitcoin witnessed such a dramatic fall. Since the beginning of 2018, Bitcoin value has decreased by $9,000, equivalent to 60% of its initial value. This is the third consecutive time for only three days that Bitcoin has plummeted to this low record with no sign of recovery.

💸 Bitcoin goes lower, 💰Cryptocurrency fluctuates

📌 Not only Bitcoin but other digital currencies have also undergone the rollercoaster experience. Ethereum, the second most valuable cryptocurrency has also seen the continuous fall in price. It has plunged from $961 to $834 for over the last 24 hours.

📌 Bitconnect, which appealed to a great community of investors, now stays at $5.01.

📌 Ripple has experienced a significant decrease of 15.17%. It is apparent that the cryptocurrency has gradually got back to its real value.
1714909110
Hero Member
*
Offline Offline

Posts: 1714909110

View Profile Personal Message (Offline)

Ignore
1714909110
Reply with quote  #2

1714909110
Report to moderator
1714909110
Hero Member
*
Offline Offline

Posts: 1714909110

View Profile Personal Message (Offline)

Ignore
1714909110
Reply with quote  #2

1714909110
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1714909110
Hero Member
*
Offline Offline

Posts: 1714909110

View Profile Personal Message (Offline)

Ignore
1714909110
Reply with quote  #2

1714909110
Report to moderator
nakamote
Member
**
Offline Offline

Activity: 210
Merit: 10

WINSTARS - We are changing the face of gambling


View Profile
February 06, 2018, 04:29:25 AM
Last edit: February 06, 2018, 04:48:18 AM by nakamote
 #2

As expected, Bitcoin in specific and cryptocurrency in general saw a growth in price; however, they all soon plunged after that.
Never before has Bitcoin witnessed such a dramatic fall. Since the beginning of 2018, Bitcoin value has decreased by $9,000, equivalent to 60% of its initial value. This is the third consecutive time for only three days that Bitcoin has plummeted to this low record with no sign of recovery.

💸 Bitcoin goes lower, 💰Cryptocurrency fluctuates

📌 Not only Bitcoin but other digital currencies have also undergone the rollercoaster experience. Ethereum, the second most valuable cryptocurrency has also seen the continuous fall in price. It has plunged from $961 to $834 for over the last 24 hours.

📌 Bitconnect, which appealed to a great community of investors, now stays at $5.01.

📌 Ripple has experienced a significant decrease of 15.17%. It is apparent that the cryptocurrency has gradually got back to its real value.
Well prepare for the worst,its pointing down to $5k support level and that is the last stand of bitcoin's hardsupport and if brole will surely confirm that there will no recovery in the near future,bitcoin if collapsed most of the altcoins will surely follow its footsteps.Bitconnect was the biggest ponzi in cryptocurrency history and who cares if he survive? the fact the most of the investors got rekt by these scammers there will be no chance for it to get our trust back.XRP on the other hand is just a centralized coin which is backuped by the bankers so who would invest with this fake-crytocurrency?guess only pepple who didnt research.

▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
WINSTARS -   We are changing the face of gamblingWHITEPAPERANN THREADTELEGRAMFACEBOOK ● Twitter
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
CryptoDemonElite
Jr. Member
*
Offline Offline

Activity: 238
Merit: 7


View Profile
February 06, 2018, 04:38:00 AM
 #3

As expected, Bitcoin in specific and cryptocurrency in general saw a growth in price; however, they all soon plunged after that.
Never before has Bitcoin witnessed such a dramatic fall. Since the beginning of 2018, Bitcoin value has decreased by $9,000, equivalent to 60% of its initial value. This is the third consecutive time for only three days that Bitcoin has plummeted to this low record with no sign of recovery.

💸 Bitcoin goes lower, 💰Cryptocurrency fluctuates

📌 Not only Bitcoin but other digital currencies have also undergone the rollercoaster experience. Ethereum, the second most valuable cryptocurrency has also seen the continuous fall in price. It has plunged from $961 to $834 for over the last 24 hours.

📌 Bitconnect, which appealed to a great community of investors, now stays at $5.01.

📌 Ripple has experienced a significant decrease of 15.17%. It is apparent that the cryptocurrency has gradually got back to its real value.
Well prepare for the worst,its pointing down to $5k support level and that is the last stand of bitcoin's hardsupport and if brole will surely confirm that there will no recovery in the near future,bitcoin if collapsed most of the altcoins will surely follow its footsteps.Bitconnect was the biggest ponzi in cryptocurrency history and who cares if he survive? the fact the most of the investors got rekt by these scammers there will be no chance for it to get our trust XRP on the other hand is just a centralized coin which is backuped by the bankers so who would invest with this fake-crytocurrency?guess only peple who didnt research.

There will be recovery, but not for a long time. Remember what happens during 2014 with Mt. Gox. Then 3 years later Bitcoin almost hit $20000. If bitcoin hit bear market, expect it to come back 20 times stronger. This is the same for the Altcoins. While the legit Altcoins.
cryptotitan
Member
**
Offline Offline

Activity: 210
Merit: 10


View Profile
February 06, 2018, 04:55:51 AM
 #4

As expected, Bitcoin in specific and cryptocurrency in general saw a growth in price; however, they all soon plunged after that.
Never before has Bitcoin witnessed such a dramatic fall. Since the beginning of 2018, Bitcoin value has decreased by $9,000, equivalent to 60% of its initial value. This is the third consecutive time for only three days that Bitcoin has plummeted to this low record with no sign of recovery.

💸 Bitcoin goes lower, 💰Cryptocurrency fluctuates

📌 Not only Bitcoin but other digital currencies have also undergone the rollercoaster experience. Ethereum, the second most valuable cryptocurrency has also seen the continuous fall in price. It has plunged from $961 to $834 for over the last 24 hours.

📌 Bitconnect, which appealed to a great community of investors, now stays at $5.01.

📌 Ripple has experienced a significant decrease of 15.17%. It is apparent that the cryptocurrency has gradually got back to its real value.
Well prepare for the worst,its pointing down to $5k support level and that is the last stand of bitcoin's hardsupport and if brole will surely confirm that there will no recovery in the near future,bitcoin if collapsed most of the altcoins will surely follow its footsteps.Bitconnect was the biggest ponzi in cryptocurrency history and who cares if he survive? the fact the most of the investors got rekt by these scammers there will be no chance for it to get our trust XRP on the other hand is just a centralized coin which is backuped by the bankers so who would invest with this fake-crytocurrency?guess only peple who didnt research.

There will be recovery, but not for a long time. Remember what happens during 2014 with Mt. Gox. Then 3 years later Bitcoin almost hit $20000. If bitcoin hit bear market, expect it to come back 20 times stronger. This is the same for the Altcoins. While the legit Altcoins.
What he is pointing out is there will a slow recovery in the near future,if bitcoin's last hard support level would break at $5k.The market would collapse and most of the investors of bitcoin's will have the biggest loss in the history of cryptocurrency,but if the hard support level in $5k would be effective there will be flippening and will start a recovery phase of all our coins!

h0lybyte
Hero Member
*****
Offline Offline

Activity: 924
Merit: 511


View Profile
February 06, 2018, 04:58:15 AM
 #5

I have no idea why you are spreading such a disappointing specilations over this forum, there were also same news when bitcoin was only $1000 back in december 2016, what happened then? Keeping your FUD news aside, bitcoin still surged to $20k in 2017. So this time bitcoin is going down for correction, will surely sirpass all previous record soon
cryptonero
Member
**
Offline Offline

Activity: 210
Merit: 12


View Profile
February 06, 2018, 05:08:54 AM
 #6

I have no idea why you are spreading such a disappointing specilations over this forum, there were also same news when bitcoin was only $1000 back in december 2016, what happened then? Keeping your FUD news aside, bitcoin still surged to $20k in 2017. So this time bitcoin is going down for correction, will surely sirpass all previous record soon
Its not just a correction,because the price from the ATH is already reached -70% which makes this morelikely the doom's day of all the cryptocurrency.Either way this is the perfect time to aquire more bitcoins because surely it will recover few months or years from now,it might not be fast recovery but im sure it will recover.

Malaya
Full Member
***
Offline Offline

Activity: 322
Merit: 102



View Profile
February 06, 2018, 05:16:41 AM
 #7

In this time of lowering all the value of crytocurrencies all around, the only thing that will be essential is for the people to hold their cryptos and be brave to believe that things will be alright. Instead of disappointing others about these fall, try to encourage some to invest while the price is low.

████          O W N R   W A L L E T          ████   VISA PREPAID CARD    ████  Use crypto to pay in stores with OWNR  ████
❱❱❱❱ ❱❱❱ ❱❱ ❱     Buy, send, receive and exchange crypto        VISA    mastercard   SPA    UnionPay     ❰ ❰❰ ❰❰❰ ❰❰❰❰
BLOG       TWITTER     ██ █▌█ ▌     Manage crypto and VISA card in OWNR Wallet app    ▐ █▐█ ██     REDDIT   YOUTUBE
Duzenn
Member
**
Offline Offline

Activity: 252
Merit: 10

The Experience Layer of the Decentralized Internet


View Profile
February 06, 2018, 05:19:48 AM
 #8

The bear market in cryptocurrency markets has arrived.
We can't do anything, we can only watch the bubble burst, and when everyone starts to feel desperate, it's a good time to buy. Angry

rommelzkie
Full Member
***
Offline Offline

Activity: 294
Merit: 125


View Profile
February 06, 2018, 05:24:05 AM
 #9

I wish i could have an extra money now i really want to buy crypto at this very low price. image your return if your are going to stack cryptos this month. Just make sure that you know your crypto to buy.

chutchmcgillicutty
Sr. Member
****
Offline Offline

Activity: 406
Merit: 251



View Profile
February 06, 2018, 05:32:16 AM
 #10

As expected, Bitcoin in specific and cryptocurrency in general saw a growth in price; however, they all soon plunged after that.
Never before has Bitcoin witnessed such a dramatic fall. Since the beginning of 2018, Bitcoin value has decreased by $9,000, equivalent to 60% of its initial value. This is the third consecutive time for only three days that Bitcoin has plummeted to this low record with no sign of recovery.

💸 Bitcoin goes lower, 💰Cryptocurrency fluctuates

📌 Not only Bitcoin but other digital currencies have also undergone the rollercoaster experience. Ethereum, the second most valuable cryptocurrency has also seen the continuous fall in price. It has plunged from $961 to $834 for over the last 24 hours.

📌 Bitconnect, which appealed to a great community of investors, now stays at $5.01.

📌 Ripple has experienced a significant decrease of 15.17%. It is apparent that the cryptocurrency has gradually got back to its real value.

This is just really funny to me ^^


GLOBAL DECENTRALIZED ADVERTISING EXCHANGE

Token sale: MAY 21

                                  ▄█▄      ▄█▄        
                                 █████    █████       
                        ▄██▄     ▀█▀      ▀█▀        
                ▄█▄    ▀██▀                           
         ▄     ▀█▀                        ▄█▄        
        ▀█▀                      ▄█▄     █████       
                        ▄██▄    █████     ▀█▀        
   ██          ▄█▄    ▀██▀     ▀█▀                  
         ▄     ▀█▀                        ▄█▄        
        ▀█▀                      ▄█▄     █████       
                        ▄██▄    █████     ▀█▀        
   ██          ▄█▄    ▀██▀     ▀█▀                  
                ▀█▀                                    
          ▄                      ▄█▄      ▄█▄        
         ▀█▀           ▄██▄    █████    █████       
   ██          ▄█▄    ▀██▀     ▀█▀      ▀█▀        
                ▀█▀                                    
           ▄                      ▄█▄     ▄█▄        
          ▀█▀            ▄██▄   █████   █████       
    ██            ▄█▄   ▀██▀    ▀█▀     ▀█▀        
             ▄    ▀█▀                                 
            ▀█▀                         ▄█▄           
       ██              ▄█▄   ▄██▄    █████          
                  ▄    ▀█▀   ▀██▀     ▀█▀           
                 ▀█▀                                   
            ██                   ▄██▄                 
                    ▄     ▄█▄   ▀██▀                 
                   ▀█▀    ▀█▀                          

▄█   ▄█  ▄█        ▄█████▄   ▀█▄     ▄█▀
██   ██  ██▄▄▄▄▄   ██▀   ▀██    ▀█▄  ▄█▀
██   ██  ██▀▀▀▀██  ██▀▀▀▀▀▀▀      ████   
██   ██  ██   ██  ██▄   ▄█    ▄██▀▀██▄   
▀██████▀  ▀██████▀  ▀███████▀   ▄██▀   ▀██▄
Telegram
Facebook
ANN Thread
Youtube
LinkedIn
Twitter
Medium
Reddit
Github
chutchmcgillicutty
Sr. Member
****
Offline Offline

Activity: 406
Merit: 251



View Profile
February 06, 2018, 05:35:10 AM
 #11

The bear market in cryptocurrency markets has arrived.
We can't do anything, we can only watch the bubble burst, and when everyone starts to feel desperate, it's a good time to buy. Angry

Yep agreed. Question is how much farther do we have to fall???

At the end of the day, money is a bunch of bullshit anyway amirite??


GLOBAL DECENTRALIZED ADVERTISING EXCHANGE

Token sale: MAY 21

                                  ▄█▄      ▄█▄        
                                 █████    █████       
                        ▄██▄     ▀█▀      ▀█▀        
                ▄█▄    ▀██▀                           
         ▄     ▀█▀                        ▄█▄        
        ▀█▀                      ▄█▄     █████       
                        ▄██▄    █████     ▀█▀        
   ██          ▄█▄    ▀██▀     ▀█▀                  
         ▄     ▀█▀                        ▄█▄        
        ▀█▀                      ▄█▄     █████       
                        ▄██▄    █████     ▀█▀        
   ██          ▄█▄    ▀██▀     ▀█▀                  
                ▀█▀                                    
          ▄                      ▄█▄      ▄█▄        
         ▀█▀           ▄██▄    █████    █████       
   ██          ▄█▄    ▀██▀     ▀█▀      ▀█▀        
                ▀█▀                                    
           ▄                      ▄█▄     ▄█▄        
          ▀█▀            ▄██▄   █████   █████       
    ██            ▄█▄   ▀██▀    ▀█▀     ▀█▀        
             ▄    ▀█▀                                 
            ▀█▀                         ▄█▄           
       ██              ▄█▄   ▄██▄    █████          
                  ▄    ▀█▀   ▀██▀     ▀█▀           
                 ▀█▀                                   
            ██                   ▄██▄                 
                    ▄     ▄█▄   ▀██▀                 
                   ▀█▀    ▀█▀                          

▄█   ▄█  ▄█        ▄█████▄   ▀█▄     ▄█▀
██   ██  ██▄▄▄▄▄   ██▀   ▀██    ▀█▄  ▄█▀
██   ██  ██▀▀▀▀██  ██▀▀▀▀▀▀▀      ████   
██   ██  ██   ██  ██▄   ▄█    ▄██▀▀██▄   
▀██████▀  ▀██████▀  ▀███████▀   ▄██▀   ▀██▄
Telegram
Facebook
ANN Thread
Youtube
LinkedIn
Twitter
Medium
Reddit
Github
mangkanor
Member
**
Offline Offline

Activity: 210
Merit: 10


View Profile
February 06, 2018, 05:40:11 AM
 #12

I am very happy that i get out from bitcoin a couple of weeks ago when it is still at $12k,the total marketcap of cryptocurrency is still declining which means the investors are keep getting out from bitcoin's market.Maybe because of these FUDs that makes the market very unhealthy,most of the people added an extra impact by panic selling which resulted into further catastrophic event in the market,it is indeed falling now and what we can do is to wait until it shows some recovery.

Casmania
Full Member
***
Offline Offline

Activity: 390
Merit: 100



View Profile
February 06, 2018, 05:46:05 AM
 #13

The bear market in cryptocurrency markets has arrived.
We can't do anything, we can only watch the bubble burst, and when everyone starts to feel desperate, it's a good time to buy. Angry

What happened with the current drop price of BTC is something that we are not expecting to reach below $7K but I guess the drop in price of bitcoin is maybe that the market coming to its senses after months of irrational enthusiasm.
Another scenario is that maybe some of the investors may have wanted to dial back the clock resulting to the down trend of bitcoin price that was experience now. On the other hand, this is now the opportunity to buy BTC to be able to ride on the coming up trend movement of it's price value in the coming months.
arunakiran
Jr. Member
*
Offline Offline

Activity: 224
Merit: 3


View Profile
February 06, 2018, 05:51:48 AM
 #14

Due to this fall, I am expecting strong buyers will enter in to the market to pump. Be patience, I hope surely market will go up
aervin11
Full Member
***
Offline Offline

Activity: 602
Merit: 103



View Profile
February 06, 2018, 05:53:00 AM
 #15

I disagree for your opinion that the cryptocurrency is on Jeopardy. You are just causing FUD. The statement was correct but we don't need somebody to really brag about those. Your opinion is all against cryptocurrency while all the links included in here are the LINKS for your ICO. Disgrace.
mpufatzis
Full Member
***
Offline Offline

Activity: 840
Merit: 128



View Profile WWW
February 07, 2018, 05:49:25 AM
 #16

In my opinion, there is no problem for the cryptocurrencies, as long as they are supported by the developers and are not abandoned.
If the people hold and trade them they continue to exist even at lower prices. If the majority sells, someone will come and buy them at really low prices and sell to the same people at higher prices.
This is how the market is working. We can't change it.
It is a big correction but just imagine the BTC price 4 months ago.
If it was at the same level today and we didn't have the 19k in December, everybody would be happy today.
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!