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Author Topic: 1btc = 6k usd  (Read 1042 times)
megynacuna
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February 06, 2018, 10:58:13 AM
 #21

There are speculations that if BTC breaks $5k it will continue to $4k before it bounces back. Hope I have funds when that happens since that was the price of BTC September last year  Grin

I am worried about the price.Maybe it will be 5000$ within 2 days Sad

Maybe it ll be 2k in two days. So what? You dont lose until you sell. So what is your best course of action?

I agree. As long as you don't sell and convert to fiat there's still hope that you'll profit again in the next coming months. Let's just be patient.

Well patience will be  difficult to come by in such a time and that's what many are battling with because its dropped too much (more than 50%) and in such a moment i don't think patience will be easily found among many of us since we have invested almost our all into bitcoin especially the late adopters.



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February 06, 2018, 11:00:18 AM
 #22

Just HODL. Smiley

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February 06, 2018, 11:04:37 AM
 #23

I think the price has bitcoin will not drop below the price of $ 6000, and I think if the bitcoin price will stabilize and go back up again. well, i just hope that this dump does not get worse. and keep hold


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February 06, 2018, 11:06:19 AM
 #24

It's not important to lose value. We want the technology to continue as long as we have the world.

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February 06, 2018, 11:09:45 AM
 #25

It is not unusual for bitcoin to drop since bitcoin is always doing this for year now. Last year dump also happened and it did not last. It is the first month of the year and a lot more month will be coming, that means there is a lot of other months that will come and it still has a lot of time to pump. You don't need to worry, just buy some since the price is low it is the perfect time to invest.

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February 06, 2018, 11:10:24 AM
 #26

Was very busy with my work today, then suddenly i decided to check the price of btc if its starting to rise again. But then, i was shocked when i saw its price which is almost 16,000 usd. What will happen to bitcoin's price tomorrow or the next weeks to come? Will it continue to drop or will increase a little? Why is this happening? Thats a very huge drop.

I suggest don't look on to your portfolio for today. There is a lot of happenings some are due to news and some is totally unexplained even using TA,that is why they always suggest to invest what your willing to lose. I am waiting for a $3000 dip before buy again. Just what they say you will only LOSE when you sell it(-). For now, I am busy doing airdrops and bounty  Smiley and praying lols!  Grin Grin Grin
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February 06, 2018, 11:13:27 AM
 #27

Sad to know that bitcoin still dumping Sad I hope bitcoin still recover and rise again ,in P900,000.00 to P308 685,00 hope a bitcoin rises again for to many peoples react in cryptocurrency why bitcoin is dumped Hopefully all that disappointment will solve again Smiley
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February 06, 2018, 11:31:09 AM
 #28

Was very busy with my work today, then suddenly i decided to check the price of btc if its starting to rise again. But then, i was shocked when i saw its price which is almost 16,000 usd. What will happen to bitcoin's price tomorrow or the next weeks to come? Will it continue to drop or will increase a little? Why is this happening? Thats a very huge drop.

I am also checking the price of bitcoin whenever I feel excited about its price.  And then yes, sadly I saw that its price is almost only $6k from $20k before.  But still I am positive that its price will atleast goes up.  I am looking forward to the time that just a part of bitcoin can already give a good fortune.

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February 06, 2018, 11:31:40 AM
 #29

Analysts wrote that under pessimistic forecasts, bears can push the price of bitcoin to 5,000. However, all, of course, expected the implementation of more optimistic assumptions. I think that lucky to those people who are just entering the world of crypto-currency with their investments now. And I have no idea how founders of finished ICO projects are handle with this red market, some hardcaps could be easy softcap now (in $$$)  Roll Eyes
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February 06, 2018, 11:45:04 AM
 #30

Was very busy with my work today, then suddenly i decided to check the price of btc if its starting to rise again. But then, i was shocked when i saw its price which is almost 16,000 usd. What will happen to bitcoin's price tomorrow or the next weeks to come? Will it continue to drop or will increase a little?

Continue to drop. The get-rich-quick dream people have of Bitcoin is over
I am not understanding your strategy i just checked your previous posts all your doing creating FUD . If you cant help the people with actual fact then be quite . Dont create panic over people . Current trend is the lesson for investors . Bitcoin overall currency not a stock . So currency value grow slowly not rapidly .
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February 06, 2018, 11:45:59 AM
 #31

Wait 3 months and create another topic, this time without K after 6.  Grin

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February 06, 2018, 12:01:58 PM
 #32

It's the dynamics of the market. The price is reached where buyers meet sellers. If there are more buyers the price goes up. In this case, as the price has been going down it means there are more sellers. I'm not sure what the OP doesn't understand. Is he or she suggesting that prices should always stay at their ATH, or that they should be more stable? If we look at the price now it is, as the OP says, $6k (they actually said it was $16k in their post but I'm assuming that was a typo and they didn't bother checking). This, $6k, was the price at the end of October 2017. The price then dropped a bit in the first week of November and then rose again to $6k in mid November. From there it went on to its ATH from where it has since dropped back down to $6k once again.

It's now at $6k and in a downward trend. The people that had bought around October 2017 and who may well have held since may be beginning to sell. It's either that or start losing money. Selling now, for those buyers, means they won't lose. Holding on, or "hodling", could mean they see their investment fall. By selling, it means that the price will go down further. Maybe to $5k. Then, the cycle will be repeated. Those that bought in Septemeber at $5k will start selling to avoid losing their money. That in turn takes us to $4k. And so on. And so on. All of this is what happens in dynamic markets. It's perfectly normal market behaviour fuelled by people's fear and greed.

Hope this post explains clearly to the OP the answer to the question that they asked. If not, then they should consider not participating in markets subject to this kind of price movement.
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February 06, 2018, 12:08:30 PM
 #33

Was very busy with my work today, then suddenly i decided to check the price of btc if its starting to rise again. But then, i was shocked when i saw its price which is almost 16,000 usd. What will happen to bitcoin's price tomorrow or the next weeks to come? Will it continue to drop or will increase a little? Why is this happening? Thats a very huge drop.
I think there'll be more days to come where its market value will continue to be in red. But still, the best thing to do is to hold and avoid selling to make its demand in the market high as well as its market value. Indeed this is a huge price drop also, it would be an opportunity to invest now that its price is low.

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February 06, 2018, 12:09:30 PM
 #34

reading what some people write here makes me think we are worst than sheeps
actualy sheeps are more emotional intelligent than humans
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February 06, 2018, 12:10:07 PM
 #35

The best option would be to take a break for a month or two from cryptocurrency, I don't think it would improve this early.

This time there is no reason of price drop, atleast I have not heard any reason for today's drop.
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February 06, 2018, 12:11:04 PM
 #36

Calm down guys and keep your BTC

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February 06, 2018, 12:11:46 PM
 #37

soon it will be =25k
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February 06, 2018, 12:12:17 PM
 #38

How low will this go guys?
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February 06, 2018, 12:12:27 PM
 #39

I try to be optimistic, and I know that this happened several times in previous years, but along with all these restrictions all over the world makes me feel worried.

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February 06, 2018, 12:14:32 PM
 #40

Just hold. This is massive FUDs from Whales that want you to sell your bitcoin to them cheaply. If you HODL, it will go up. Last year, BTC fell in January but then went up 20 times.
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