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Author Topic: What can be done to stop bitcoin price from sliding down again  (Read 404 times)
adetos (OP)
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February 11, 2018, 10:16:50 AM
 #1

What is the solution for price sliding of bitcoin? Singapore refused to regulate bitcoin and other cryptocurrency trading but instead promotes it.
nazaididuan1
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February 11, 2018, 10:20:12 AM
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In my opinion, the BTC is the same as the commodity and gold.

If a lot of people buy BTC I think BTC price can go up!

Any market is about supply and demand! That's the rule!

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adetos (OP)
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February 11, 2018, 10:26:01 AM
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In this industry there is so much panic based on the noise about regulations and government trying to control what is termed to be decentralized from foundation. But its possible to regulate and not create panic in the industry
cogent.tolik
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February 11, 2018, 10:32:46 AM
 #4

In my opinion, the BTC is the same as the commodity and gold.

If a lot of people buy BTC I think BTC price can go up!

Any market is about supply and demand! That's the rule!
I agree with your opinion.
The mass interest also influences. The jump in prices, recorded in 2017, is connected with this phenomenon.
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February 11, 2018, 10:36:49 AM
 #5

you can not do anything to change the direction that bitcoin is headed whether it is going up or down. your question is the same as asking what can be done to stop price from "going up again"!

the drops happen, and the rise happen too, without your control. you just have to learn how to use them opportunities.

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February 11, 2018, 10:38:18 AM
 #6

What is the solution for price sliding of bitcoin? Singapore refused to regulate bitcoin and other cryptocurrency trading but instead promotes it.

Singapore will probably be Asia's crypto financial hub. They also have very harsh laws against scammers/fraud too within the Country.

A few quality crypto projects are already developed or being develop in Singapore.

Good to look out for crypto projects that are heavily business focused, and trying to establish links with other countries in the region, and with China/India, etc. coming from that tiny but prominent South East Asian country. The crypto projects will probably be less focused on being a decentralized currency though, but to focus on conformity with the rules and regulations of the individual countries.

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adetos (OP)
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February 11, 2018, 10:39:57 AM
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you can not do anything to change the direction that bitcoin is headed whether it is going up or down. your question is the same as asking what can be done to stop price from "going up again"!

the drops happen, and the rise happen too, without your control. you just have to learn how to use them opportunities.

I agree with you and its opportunity to buy and hold now
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February 11, 2018, 10:43:21 AM
 #8

To stop the price of bitcoin from sliding down again we all should ignore all the FUD and buy as much bitcoins as we can. Of course it's the whales who control the price with their pump and dump groups. They can manipulate the price for their own benefits.

Wallflower28
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February 11, 2018, 10:52:00 AM
 #9

To stop the price of bitcoin from sliding down again we all should ignore all the FUD and buy as much bitcoins as we can. Of course it's the whales who control the price with their pump and dump groups. They can manipulate the price for their own benefits.
I agree with you! FUD always make people become panic sellers since some of them did not know cryptocurrency very well and they are just hoping for the guidance of others.
Whales are controller of the market and we all know that they can manipulate the price so we must go with the flow.

Tone147
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February 11, 2018, 10:53:34 AM
 #10

To stop the price of bitcoin from sliding down again we all should ignore all the FUD and buy as much bitcoins as we can. Of course it's the whales who control the price with their pump and dump groups. They can manipulate the price for their own benefits.
I agree with you! FUD always make people become panic sellers since some of them did not know cryptocurrency very well and they are just hoping for the guidance of others.
Whales are controller of the market and we all know that they can manipulate the price so we must go with the flow.
I also agree that most of the time bitcoin's decline is due to panic.
and I think that reject the FUD as the best way to stop bitcoin from falling.

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February 11, 2018, 10:58:17 AM
 #11

All we can do is:
First, if you have money then buy bitcoin as much as the price is supportive for us to buy.
Second, do not sell the bitcoin we have now the sale will reduce the market capitalization.
Third, spread positive information about bitcoin because the news will at least affect the state of the market.

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adetos (OP)
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February 11, 2018, 10:58:59 AM
 #12

To stop the price of bitcoin from sliding down again we all should ignore all the FUD and buy as much bitcoins as we can. Of course it's the whales who control the price with their pump and dump groups. They can manipulate the price for their own benefits.
I agree with you! FUD always make people become panic sellers since some of them did not know cryptocurrency very well and they are just hoping for the guidance of others.
Whales are controller of the market and we all know that they can manipulate the price so we must go with the flow.

I agree with you seriously about whales manipulating price and trying to take advantage of the market.
adetos (OP)
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February 11, 2018, 11:01:03 AM
 #13

All we can do is:
First, if you have money then buy bitcoin as much as the price is supportive for us to buy.
Second, do not sell the bitcoin we have now the sale will reduce the market capitalization.
Third, spread positive information about bitcoin because the news will at least affect the state of the market.
I agree with spreading the positive information about bitcoin
adetos (OP)
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February 11, 2018, 11:07:47 AM
 #14

you can not do anything to change the direction that bitcoin is headed whether it is going up or down. your question is the same as asking what can be done to stop price from "going up again"!

the drops happen, and the rise happen too, without your control. you just have to learn how to use them opportunities.

I agree we cannot do anything with that but if government continues to threaten the industry with all manner of regulations, it will cause automatic panic sell and the market will remain in negative. I think government should constructively regulate the industry.
adetos (OP)
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February 11, 2018, 11:08:50 AM
 #15

it is still higher than this time last year so what are we complaining about

Do you know bitcoin was $20,000 last year?
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February 11, 2018, 11:12:10 AM
 #16

It is decentralized, if you put a great buy wall maybe you can slow this fall or even stop it, it depends on people, it is affected by news but actually the ones who dump it you and me.

adetos (OP)
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February 11, 2018, 11:12:36 AM
 #17

you can not do anything to change the direction that bitcoin is headed whether it is going up or down. your question is the same as asking what can be done to stop price from "going up again"!

the drops happen, and the rise happen too, without your control. you just have to learn how to use them opportunities.

I agree with your opinion
Snipes19811
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February 11, 2018, 11:17:55 AM
 #18

 i think the price could be stopped from sliding again by making bitcoin more accessible to people, supply and demand is the main reason for price changes . loads of people I know wouldn't have a clue how to get them. I think this in turn would make the market more stable as more people would have a better understanding and wouldn't be incline to listen to the fud .education is key as loads of media don't really know shit and on many occasions ive read articles that are just wrong .they just print whatever they think and some people listen regardless .

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February 11, 2018, 11:18:31 AM
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just buy if prices go down and sell if they go up Grin
adetos (OP)
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February 11, 2018, 11:19:58 AM
 #20

It is decentralized, if you put a great buy wall maybe you can slow this fall or even stop it, it depends on people, it is affected by news but actually the ones who dump it you and me.

Yes agree with you
News definitely will affects the way people will respond to it especially the negative ones. It will cause a panic sell generally.
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