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Author Topic: My opinion on bitcoin, what's yours?  (Read 456 times)
nikjain422
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February 12, 2018, 07:49:28 PM
Last edit: February 13, 2018, 03:28:10 AM by nikjain422
 #41

Bitcoin reach almost 20k last year and gone down to 6k this beginning of 2018. People are panicking because of some countries are banning bitcoin and so called experts causing a fuzz that bitcoin will not survive this. But guess what, every year bitcoin falls hard and shoots like a moon. I think we are lucky for this year because bitcoin started small and I believe it will pump hard at the end of the year.
I totally agree with this and the upward spike has been just started and we can see some drastic chance in quick time in near future.If we follow trends also there has been substantial dip in January from last 3 years.I agree those dips where not as impactful as this but there were dips so we can't complain that the fluctuations are sudden.But now that the bitcoin is gaining,there might be possibilities that we can see a long shoot up in price.
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February 12, 2018, 08:05:44 PM
 #42

What I say about bitcoin is a great internet job and it's a good idea for satoshi nakamoto because instead of going to the internet and you are playing the video games. but now you have earned money so it is so nice bitcoin in every way for teenagers because they have a side line when they bitcoin. I believe Bitcoin and many other cryptocurrencies are in a price bubble in late 2017. Prices could streak higher or collapse, or both. I have no firm opinion except that I know bubbles crash.
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February 12, 2018, 08:10:11 PM
 #43

What I say about bitcoin is a great internet job and it's a good idea for satoshi nakamoto because instead of going to the internet and you are playing the video games. but now you have earned money so it is so nice bitcoin in every way for teenagers because they have a side line when they bitcoin. I believe Bitcoin and many other cryptocurrencies are in a price bubble in late 2017. Prices could streak higher or collapse, or both. I have no firm opinion except that I know bubbles crash.
Earning money on Bitcoin is not the only thing that was succesful/ There is also things like having stores accept something else instead of fiat.

 
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February 12, 2018, 08:39:54 PM
 #44

The fact that now people are panicking, it's not professional people! These are people who do not understand what bitcoin and the stock exchange is! Bitcoin now lives a correction due to the Chinese new year and some negative news that bears are pushing! In March, I'm sure bitcoin and all currencies will start to gain momentum and everything will go up! Nobody forbids bitcoin anywhere, they just want to subordinate it!

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February 12, 2018, 08:41:18 PM
 #45

I have also same opinion with you, we are lucky who joining at that year . Every year the price of Bitcoin falls or rise. But, previous year the value of Bitcoin will down 20k to 6k only. That time is very bad for Bitcoin holders.
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February 12, 2018, 08:45:49 PM
 #46

Bitcoin reach almost 20k last year and gone down to 6k this beginning of 2018. People are panicking because of some countries are banning bitcoin and so called experts causing a fuzz that bitcoin will not survive this. But guess what, every year bitcoin falls hard and shoots like a moon. I think we are lucky for this year because bitcoin started small and I believe it will pump hard at the end of the year.

Steven Maijoor, the head of the European Securities and Markets Authority, the regulator in the EU, also threw his three cents. He said that people who have invested their money in ICO (cryptocurrency fundraising for blockchain projects) should be aware of the loss of all capital. - You do not have any regulatory protection in ICO. You must be aware of losing all of the money invested - he argued.
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February 12, 2018, 08:53:59 PM
 #47

I believe, and my TA is always correct, that bitcoin core will reach 50k by summer's end.

but in the interim, we'll see pitfalls to sub 5k. Remember that only 3 years ago, BTC stayed bearish for a whole year.

I tend to agree with you, I just wish when we went to 5.9k we would have found the 5k floor and consolidated there so we'd have more a springloaded push with the volume, but if we don't break 9.2k this time around it could very well set up for a dump again.
Investing then would've been pretty good too. I'd trade around the 7000-8000 area if it does a pattern.

 
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February 12, 2018, 09:16:00 PM
 #48

I'm a bitcoin user for 3 years now. I think it was introduced to me last 2015. As I witnessed its price, my observation is that its value became doubled and doubled every year and I can say that bitcoin really grows from time to time. There is advancements when it comes to bitcoin because its users is also getting bigger and I think the impact from the bitcoin community affect its value. I can confidently say that whenever bitcoin be introduced to a person, it changes a person's life because it helps them grow, earn and invest money wisely. Bitcoin is really helpful for the community specially when the highest population of the community is not employed and is just making their family to provide their needs instead of working for themselves. I believe that bitcoin however gives those people a chance to earn even if it is just small amount, at least they will be able to provide savings or money to spent in buyingsome of their needs. I also believe that bitcoin value will get higher than its peak value last year.

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February 12, 2018, 09:18:57 PM
 #49

Everyone already bought the bitcoin at a minimal price who  wanted. It will not go away below 6000. And soon it will fly up and back will not return.

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February 12, 2018, 09:24:34 PM
 #50

Bitcoin reach almost 20k last year and gone down to 6k this beginning of 2018. People are panicking because of some countries are banning bitcoin and so called experts causing a fuzz that bitcoin will not survive this. But guess what, every year bitcoin falls hard and shoots like a moon. I think we are lucky for this year because bitcoin started small and I believe it will pump hard at the end of the year.
bitcoin will always recover from falling down. Now that the value is going down I am sure many investors is buying  lots of bitcoin because of it's value now which means a good opportunity for them to buy in a lowest price. Definitely they will earn huge amount of profits when bitcoin regain it's value and investors will surely benefit from this bitcoin falling down. We have to remember that bitcoin started in a lowest price back in 2009, from then on bitcoin proves that no matter how low the it started it will always regain it's value and will definitely goes up again. Let us just wait and believe that bitcoin will always recover from the fall.

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February 12, 2018, 10:56:43 PM
 #51

Bitcoin reach almost 20k last year and gone down to 6k this beginning of 2018. People are panicking because of some countries are banning bitcoin and so called experts causing a fuzz that bitcoin will not survive this. But guess what, every year bitcoin falls hard and shoots like a moon. I think we are lucky for this year because bitcoin started small and I believe it will pump hard at the end of the year.
If you are familiar with bitcoin,you will very well know the reality on how the price of bitcoin move,never expect the price of bitcoin to have another rally this year,wait for some more time and you will see the price picking up,with all the regulations coming in,i find it hard to see another rally this year,lets see how the market goes.
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February 12, 2018, 11:32:15 PM
 #52

People are panicking because of some countries are banning bitcoin and so called experts causing a fuzz that bitcoin will not survive this.
This is a FUD, those "experts" are totally useless and does not help to make the entire economy healthy although the correction is healthy itself.
But guess what, every year bitcoin falls hard and shoots like a moon. I think we are lucky for this year because bitcoin started small and I believe it will pump hard at the end of the year.
It's always the darkest time during the dawn but after that what's next? Morning, rising of bitcoin again.



 

 

 

 

 

 


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February 12, 2018, 11:38:37 PM
 #53

In my opinion, btc should not be underestimated. I think the price will rise dramatically in the next few months as soon as the shock has been dealt with and the coin is stable again.
As you already wrote correctly, the same thing has happened in the last 4 years. The price then stabilized again in the later months and has increased considerably again.
So we can look forward to seeing how the price will develop this year.  Grin

People have failed to see how far the price of bitcoin has gone as compared to before. If you are to assess the price charts, the bitcoin price has been in worse shape years ago yet it was able to recover. The noobs or those who were only able to get into bitcoin when the price was rising has mistakenly thought that the continuous price rise would be forever. The seasoned traders has expected the correction and price stabilization for the first few months of 2018 and now there is an expected steady rise for March.
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February 12, 2018, 11:50:19 PM
 #54

It is a good opportunity for new comers to start investing in Bitcoin while its price is in the dip.
I think the attack on Bitcoin is over and we don't hear anymore news about countries banning Bitcoin or mad people saying that Bitcoin is a fraud.
All the news now are about international companies planning to implement Bitcoin and to support it (even if these news are not correct, it will help prices to recover).

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February 13, 2018, 02:15:10 AM
 #55

Anything is expected to happen to bitcoin and to all alternate coins (be it bad or good) but there is only one thing in my mind that can never changed. I am looking optimistic to bitcoin's future and for this year, i speculate that it will break its highest recorded market value since last year.

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February 13, 2018, 04:27:52 AM
 #56

with the fluctuating bitcoin price this is normal but the bad effect is that some countries are banning it, I do not think it's a ban but the government of the country that forbids it just wants to regulate bitcoin.
sometimes we do not realize Blessing in disguise. worse that makes bitcoin prices fall is the newcomer investors who do not know anything start to panic see the price down and silly again they immediately sell it. Grin
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February 13, 2018, 05:13:38 AM
 #57

I think the bitcoin is a very growing currency and i hope that bitcoin will grow at a steady pace sometime we see in the market the currencies prices are falling but we should not lose hope it is good to hold a good reserve of bitcoin. For me i am looking to the future i want to buy some of the bitcoin and some of the altcoin because i like to have a variety of the currencies. so it tried to earn all of the crypto

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February 13, 2018, 05:17:44 AM
 #58

People are panicking because of some countries are banning bitcoin and so called experts causing a fuzz that bitcoin will not survive this.
This is a FUD, those "experts" are totally useless and does not help to make the entire economy healthy although the correction is healthy itself.
But guess what, every year bitcoin falls hard and shoots like a moon. I think we are lucky for this year because bitcoin started small and I believe it will pump hard at the end of the year.
It's always the darkest time during the dawn but after that what's next? Morning, rising of bitcoin again.

Dark times will come on bitcoins as this one has been occured on the past but the good thing really is Bitcoin has proven to get a huge pump after its dumped and maybe we can see it pumping for more(Just speculative opinion) But let should wait for it to get restored since I think by mid year we can see the outrageous growth occuring on it.

Saveplus
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February 13, 2018, 05:34:42 AM
 #59

Digital currency was able us to make our life easier by paying bills and using btc as a payment through internet.Bitcoin was design to invest our investment and in terms of the price value it was always flactuating going up and down we cannot predict the exact value so other investors get panic when its crashing down.Better to hold on our bitcoins until it was going to rise up again.
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February 13, 2018, 06:32:53 AM
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And this is why old Bitcoin holders are always confident that Bitcoin will recover. Bitcoin has crashed multiple times and every crash there is a price rise. Some financial experts or economist are just baffled on why it is happening.

 
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