Snipes19811
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February 11, 2018, 11:20:29 AM |
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it is still higher than this time last year so what are we complaining about
Do you know bitcoin was $20,000 last year? yes but THIS time last year it was $1000 so its a lot higher |
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It is a common myth that Bitcoin is ruled by a majority of miners. This is not true. Bitcoin miners "vote" on the ordering of transactions, but that's all they do. They can't vote to change the network rules.
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adetos (OP)
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February 11, 2018, 11:21:50 AM |
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just buy if prices go down and sell if they go up  I agree |
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adetos (OP)
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February 11, 2018, 11:24:13 AM |
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it is still higher than this time last year so what are we complaining about
Do you know bitcoin was $20,000 last year? yes but THIS time last year it was $1000 so its a lot higher Yes I agree with you Its necessary for the growth to take place to make it attractive. But by now the price should have been about $20,000 |
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PalindromemordnilaP
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February 11, 2018, 11:33:35 AM |
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One of the reasons why bitcoin price falls down is because of correction, whales selling their bag of bitcoins, people spreading FUD, and weak minds panic selling their bitcoin. But that's all part of the the cryptoworld already and we just have to let ourselves get used to it. Just HODL, no matter. It's the least we can do, IMO.
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BossMacko
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February 11, 2018, 11:36:01 AM |
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There is none, If the price of Bitcoin will become stable then there will be no one to do buy and sell with it. Bitcoin price going down and up makes the traders more happy. Anyway price of Bitcoin today is still higher compared last year February so no need to get disappointed.
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bitcoinvamp
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February 11, 2018, 11:42:22 AM |
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What is the solution for price sliding of bitcoin? Singapore refused to regulate bitcoin and other cryptocurrency trading but instead promotes it.
At this time you can't do anything to increase or decrease the price of bitcoin . This is because at this time of the year many countries are renewing there budget so this budget making is one reason that the market goes down every year at this time. People are more concerned with whats happening in their country rather than with bitcoin at this time. Another reason can be due to the down fall in the stock market recently . This has affected the bitcoin so much that it decreases to 6200$ . So, at this time you can just buy more and more bitcoins and wait for some time as the price will eventually increase . |
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adetos (OP)
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February 11, 2018, 11:48:52 AM |
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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 .
I agree With positive news price will be stable and it will grow gradually. |
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adetos (OP)
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February 11, 2018, 11:52:19 AM |
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What is the solution for price sliding of bitcoin? Singapore refused to regulate bitcoin and other cryptocurrency trading but instead promotes it.
At this time you can't do anything to increase or decrease the price of bitcoin . This is because at this time of the year many countries are renewing there budget so this budget making is one reason that the market goes down every year at this time. People are more concerned with whats happening in their country rather than with bitcoin at this time. Another reason can be due to the down fall in the stock market recently . This has affected the bitcoin so much that it decreases to 6200$ . So, at this time you can just buy more and more bitcoins and wait for some time as the price will eventually increase . I agree with you But the crash is very deep |
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adetos (OP)
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February 11, 2018, 11:54:41 AM |
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One of the reasons why bitcoin price falls down is because of correction, whales selling their bag of bitcoins, people spreading FUD, and weak minds panic selling their bitcoin. But that's all part of the the cryptoworld already and we just have to let ourselves get used to it. Just HODL, no matter. It's the least we can do, IMO.
I agree with you Only weak mind panicly selling |
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Vatimins
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Blue0x.com
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February 11, 2018, 02:21:44 PM |
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Well, I really do not think that there are a lot of things that we can do to prevent or to stop this kind of things from happening to bitcoins or to the whole crypto world. the reason as to why is because we all have different minds and obviously see things differently from one another. Which means that having the same wants and beliefs as always will never happen. Some will be negative and spread their negativity while some will be more positive and 'show great trust and faith that can actually influence some of the negative minded people. But the thing is, negativity can also do so much influencing as positivity can. So in the end, there is still not that much we can do but just be positive and hope that by spreading great news and positivity, we can influence others to be as positive as us also.
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sofi@
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February 11, 2018, 02:25:36 PM |
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What is the solution for price sliding of bitcoin? Singapore refused to regulate bitcoin and other cryptocurrency trading but instead promotes it.
Bitcoin is base on the law of demand and supply so I think if a lot of people will support bitcoin and start buying some for investment, the demand will really increase and will lead to lack in supply since number of bitcoin in the circulation is limited, and with that the value of bitcoin will have to increase so that the supply will become available in the market. |
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pawanjain
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February 11, 2018, 02:29:36 PM |
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Trading is done by an individual but the it's result is faced by every trader. We buy/sell crypto for ourselves and as a result the price goes up and down. So there is pretty much nothing we could do but hold the coin and wait. We should probably just hold what we have already got and if possible, try to buy more in order to sustain the price of Bitcoin. Only when all the start buying BTC as they were before, the price might go up again.
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krauzzer02
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February 11, 2018, 03:10:44 PM |
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it is still higher than this time last year so what are we complaining about
Do you know bitcoin was $20,000 last year? siclan is talking about the price before that, 20k all-time price mark just occurred in December, but before that, the price ranges from 1000 to 5000 USD which is pretty low. You can include the negative fluctuations in its price so it's still good that the price of btc did not fall under 5k, market cap is still 140 bln compare to last time which is 50 billion USD just buy if prices go down and sell if they go up With perfect timing, you can assume that it is the lowest or the highest price though it is not. |
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kumar jabodah
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February 11, 2018, 03:40:50 PM |
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Just keep Holding.
Many people are afraid that the price of Bitcoins has fallen so they sell. But they did not know they become the reason why the price falling further. So just hold it until its price is back in the past.
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Eureka_07
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Binance #SWGT and CERTIK Audited
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February 11, 2018, 03:49:23 PM |
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What is the solution for price sliding of bitcoin? Singapore refused to regulate bitcoin and other cryptocurrency trading but instead promotes it.
There is no an appropriate solution to control he price of bitcoin in the market. Bitcoin is unstable and one factor why bitcoin price decreases is because some holders who sell their bitcoin one at a time. And that is the reason why bitcoin price dumps; but if the supporters of bitcoin will continue to grow there is a higher chance that its price will be doubled and will continue to increase in just a little span of time. |
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kinzey
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Blockchain with solar energy
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February 11, 2018, 04:05:06 PM |
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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
This is the main reason why btc price is so unstable. Panicky btc holders that sell their coins with just news. Government is concerned with ico's that are taking money without legitimate projects. So i think regulations about that is in order. |
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Xester
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February 11, 2018, 04:10:08 PM |
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What is the solution for price sliding of bitcoin? Singapore refused to regulate bitcoin and other cryptocurrency trading but instead promotes it.
What we can do is to continually support bitcoin. We should not let bad news affect our insight about bitcoin. We should not panic sell because when we do, bitcoin price will go down. It is better to just hold our bitcoin and wait for its price to goes up again. And do not read too much negative news about bitcoin, and ifyou come across one, do not share it with others. |
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gaurav82
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February 11, 2018, 04:30:29 PM |
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No single person or organisation can control it. It totally based on demand and supply. Market panic definitely will affect the market. If panic or extra sellers come then no one can stop it to price sliding.
You can secure by taking daily updates of price and news regarding it.
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tinytrader
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February 11, 2018, 05:49:10 PM |
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Do not sell your precious btc. Stop getting panic. Do not concentrate on Fuds and try to motivate people who lives around you about usage of btc. May be btc was overpriced but 7k is the solid price.
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AngelSky
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February 11, 2018, 05:54:44 PM |
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No single person or organisation can control it. It totally based on demand and supply. Market panic definitely will affect the market. If panic or extra sellers come then no one can stop it to price sliding.
You can secure by taking daily updates of price and news regarding it.
Newbies like you do not panic about the price fluctuation means that is enough to find the better stability in the price dumped little. When there any fake news has been shared in any telegram group or news sites. Please ignore those information to the forum. If that is good concern to make the people recover or alerting them. That is the big blunder buddy. This is how corporates and people does not want bitcoin to reach all the people. Kindly bad news and take only good news and any adaption happens. |
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