AR_fan (OP)
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OK, the bubble popped this isn't news, but now, what's going to happen?
Everyone, well everyone in the "know" has been exiting to USD for a while.
Price will 5K by march 25th then we'll go up slowly towards 9500 in June , and then again slowly down to find a bottom to god knows where yet.
Alts are going to suffer like you've never seen them suffer
Some funds with position in alts have been using the pretense of forks to get out for USD, see ETC then and XMR now.
The ICO coins? they are done, completely done, they never had any product anyway.
ETH will go to 350 and follow btc movement in USD afterwards.
Now is the time to take holidays, its been 3 years we are in this, we are all tired, we need some rest.
Come back when its boring and price is flat and the world has forgotten about bitcoin
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BMG86
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March 08, 2018, 03:12:33 AM |
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Yup I expect this to be 2014 all over again. People are still in denial right now. But they will finally realize 1 year from now when the price is back to $2k. The bubble took 1 year to inflate and now it will take about 1 year to deflate. Unless your a day trader, don't waste your money and invest right now.
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Biodom
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March 08, 2018, 03:20:46 AM Last edit: March 08, 2018, 03:36:39 AM by Biodom |
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Yup I expect this to be 2014 all over again. People are still in denial right now. But they will finally realize 1 year from now when the price is back to $2k. The bubble took 1 year to inflate and now it will take about 1 year to deflate. Unless your a day trader, don't waste your money and invest right now.
Nothing on the market ever happens all over again and 2K in 1 year is as close to impossible as I can imagine. It could be something close to zero, but not 2K (in one year). All speculators on this board keep forgetting about the price to produce a single bitcoin (without even counting equipment amortization). In US it is about $3-4K on average. In 1 year, it would be $9-12K minimum. You can't have $2K bitcoin when the price to produce one is $9-12K. It makes no sense economically.
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Duzter
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Leading Crypto Sports Betting & Casino Platform
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March 08, 2018, 03:53:40 AM |
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We have crossed those days of bitcoin into struggle to reach such a drastic fluctuation in the market. I believe this will be same as that of the previous price fall that happened when the issue related to South Korea has been getting more negative news spreading on cryptocurrency.
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tylerderden
Copper Member
Legendary
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Merit: 1025
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March 08, 2018, 04:19:01 AM |
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OK, the bubble popped this isn't news, but now, what's going to happen?
Everyone, well everyone in the "know" has been exiting to USD for a while.
Price will 5K by march 25th then we'll go up slowly towards 9500 in June , and then again slowly down to find a bottom to god knows where yet.
Alts are going to suffer like you've never seen them suffer
Some funds with position in alts have been using the pretense of forks to get out for USD, see ETC then and XMR now.
The ICO coins? they are done, completely done, they never had any product anyway.
ETH will go to 350 and follow btc movement in USD afterwards.
Now is the time to take holidays, its been 3 years we are in this, we are all tired, we need some rest.
Come back when its boring and price is flat and the world has forgotten about bitcoin
First of all, every person here is a believer of bitcoins and secondly it's never gonna go in downwards trend in long term as it's anti inflatory and it's rarity will increase with time and it's completely opposite of fiat. Now about ICO coins, you must know that ethereum was also an ICO coin and it does provide pretty high value and is also very useful and that's the reason why Microsoft and IBM are mad behind it. Also many different kinds of contracts can be made on it which are pretty easy to make and are pretty useful also the new ICO are also being held on the ethereum network as well.
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liivii
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March 08, 2018, 05:17:42 AM |
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We have crossed those days of bitcoin into struggle to reach such a drastic fluctuation in the market. I believe this will be same as that of the previous price fall that happened when the issue related to South Korea has been getting more negative news spreading on cryptocurrency.
The time has come and bitcoin slowly drop and there's no way it can stop right now, I'm bitcoin fan and continue hoping for bitcoin to rise again at the same time I'm ready to face whatever happens to bitcoin in the next more days. Bitcoin help many lives but not all the times bitcoin is on top because we all know bitcoin movement on the market is so unpredictable.
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TERA2
Full Member
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Merit: 222
Deb Rah Von Doom
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March 08, 2018, 05:33:04 AM |
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I think your target for ETH is way too high. If it is to do like litecoin in 2014, then it will bottom around $30
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60659 📦
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magneto
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March 08, 2018, 07:50:44 AM |
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It could happen. However you're expecting this dump to go down to around $5k when realistically I don't see it happening. This is not a sign of a bubble popping but rather just a bunch of people selling off their BTC due to various factors that have came up in the news recently.
As bearish as we have been over the past few days with prices essentially going down tens of percents per day, I don't see this continuing.
We're likely to find a bottom at a minimum of somewhere around $7.5k and that is very pessimistic. Binance has already cleared up some misconceptions. If it does go down to $5k then it may be a signal that this year we won't see any price growth again and the markets are fully bearish, though a recovery will still be expected in that very worst case scenario.
Anyways, anything under $9-10k is a good buy for now I think.
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Pursuer
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Where is my ring of blades...
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March 08, 2018, 07:51:04 AM |
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I think your target for ETH is way too high. If it is to do like litecoin in 2014, then it will bottom around $30
but the difference is that litecoin's supply is a lot more logical than ethereum's. it has less supply which is all distributed without any premine while ETH had a 72 million coins premined. additionally litecoin has a cap and with each halving there will be less and less new coins created. while ETH not only has no cap but also has a huge supply already! I say it has to drop below $10.
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Only Bitcoin
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buwaytress
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Join the world-leading crypto sportsbook NOW!
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March 08, 2018, 10:13:08 AM |
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Yup I expect this to be 2014 all over again. People are still in denial right now. But they will finally realize 1 year from now when the price is back to $2k. The bubble took 1 year to inflate and now it will take about 1 year to deflate. Unless your a day trader, don't waste your money and invest right now.
Nothing on the market ever happens all over again and 2K in 1 year is as close to impossible as I can imagine. It could be something close to zero, but not 2K (in one year). All speculators on this board keep forgetting about the price to produce a single bitcoin (without even counting equipment amortization). In US it is about $3-4K on average. In 1 year, it would be $9-12K minimum. You can't have $2K bitcoin when the price to produce one is $9-12K. It makes no sense economically. As strange as it may seem, I have a feeling you're right here. I have always wondered about mining cost and if miners have some influence in setting the price. Their costs are always going to be in dollars, always rising, and they have to maintain operations... The alternative is closing shop, and in that process removing hashrate. If that dominos, then we'll see fewer nodes and less secure network, something that will also force new money to pour in. That said, we could also be underestimating the profit they have already been making from bitcoin and alts, it's possible they could still maintain profitability even at 5k... If we find the break even point... That's the floor for Bitcoin.
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onrise
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March 08, 2018, 10:20:38 AM |
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Yup I expect this to be 2014 all over again. People are still in denial right now. But they will finally realize 1 year from now when the price is back to $2k. The bubble took 1 year to inflate and now it will take about 1 year to deflate. Unless your a day trader, don't waste your money and invest right now.
You seems to be too much in a pessimist mood that makes you say that it will go back to 2014 . I do not believe anything can happen of that sort, infact market has started to recover and bounced back to above 10k now. Only it is just speculation of few people that a big crash will come and once it starts to rise this people would only regret later.
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Fazlurkhan.kz
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March 08, 2018, 04:02:26 PM |
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OK, the bubble popped this isn't news, but now, what's going to happen?
Everyone, well everyone in the "know" has been exiting to USD for a while.
Price will 5K by march 25th then we'll go up slowly towards 9500 in June , and then again slowly down to find a bottom to god knows where yet.
Alts are going to suffer like you've never seen them suffer
Some funds with position in alts have been using the pretense of forks to get out for USD, see ETC then and XMR now.
The ICO coins? they are done, completely done, they never had any product anyway.
ETH will go to 350 and follow btc movement in USD afterwards.
Now is the time to take holidays, its been 3 years we are in this, we are all tired, we need some rest.
Come back when its boring and price is flat and the world has forgotten about bitcoin
The community is growing drastically since last year. People are demanding cryptos for they have seen the potential and power of cryptocurrencies and what it actually means to invest in a great coin and its outcomes. Keeping all this in mind, your predictions which according to you are perfect is just pointless and has no strong point to back up your predictions for anyone to think that you're accurate. Rather than sating what will happen, bring a strong proof and news why will all this happen that you just predicted.
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Ridwan Fauzi
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March 09, 2018, 12:36:52 AM |
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Threads get me between believers and not, believes when there's no FUD or new government ban, but the price keeps dropping. And I'm not belive, because bitcoin users around the world, they will continue to use it for profit. But, you're right three years we've done this and are tired to see the news that keeps coming, from the government and the world. We'll see the next few days, something that will happen to bitcoin and cryptocurrency.
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tweetbit
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March 09, 2018, 12:51:41 AM |
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Thanks my hero, you’ve perfectly mastered knowing exactly what gonna happen and most members here doesn’t appear having the same psychic power that you have, to tell us what the future may bring. Speculative views like this with a word “exactly” is somewhat new to me and the one posting are so confident about the bitcoin price with exact dates. Rest for now, you badly need it.
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HODL
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DieJohnny
Legendary
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Activity: 1639
Merit: 1006
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March 09, 2018, 02:18:06 AM |
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i think worst case scenario is a flash crash to <1000 in the next three months. the 1200 previous high was never really tested during this bull run and I think some coins have to get sold in that range for us to move on....
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Those who hold and those who are without property have ever formed distinct interests in society
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nc50lc
Legendary
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Activity: 2590
Merit: 6366
Self-proclaimed Genius
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March 09, 2018, 09:38:08 AM |
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i think worst case scenario is a flash crash to <1000 in the next three months. the 1200 previous high was never really tested during this bull run and I think some coins have to get sold in that range for us to move on....
You are missing a zero. $12,000 previous high. and, and <$10,000 within three months can be considered stable for Bitcoin.
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Jet Cash
Legendary
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Activity: 2828
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https://JetCash.com
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March 09, 2018, 10:14:44 AM |
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OK, the bubble popped this isn't news, but now, what's going to happen?
Everyone, well everyone in the "know" has been exiting to USD for a while.
Actully everybody "in the know" has been getting out of dollars. I closed my dollar account some months ago, and I'm pleased that I got out. The Petro-dollar is finished, and the US debt mountain is going to make it hard to protect the value of the dollar if it ceases to be a reserve currency.
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Offgrid campers allow you to enjoy life and preserve your health and wealth. Save old Cars - my project to save old cars from scrapage schemes, and to reduce the sale of new cars. My new Bitcoin transfer address is - bc1q9gtz8e40en6glgxwk4eujuau2fk5wxrprs6fys
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gabmen
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March 09, 2018, 02:01:10 PM |
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We have crossed those days of bitcoin into struggle to reach such a drastic fluctuation in the market. I believe this will be same as that of the previous price fall that happened when the issue related to South Korea has been getting more negative news spreading on cryptocurrency.
The time has come and bitcoin slowly drop and there's no way it can stop right now, I'm bitcoin fan and continue hoping for bitcoin to rise again at the same time I'm ready to face whatever happens to bitcoin in the next more days. Bitcoin help many lives but not all the times bitcoin is on top because we all know bitcoin movement on the market is so unpredictable. Lol. And then what if btc recovers? These people wpuld all go quiet once again and wait for another dip to give out their smart predicrions. Its funny how negative topics like this pop up like mushrooms when the market is crashing. You should've opened this up when btc was hover a little steadily around 10.5-10.8k if you're that sure :p
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Report to moderator . ██████████. .████████████████. .██████████████████████. -█████████████████████████████ .██████████████████████████████████. -█████████████████████████████████████████ -███████████████████████████████████████████████ .-█████████████████████████████████████████████████████. .████████████████████████████████████████████████████████████ .██████████████████████████████████████████████████████████████. .██████████████████████████████████████████████████████████████. ..███████████████████████████████
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btcone111
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March 09, 2018, 02:34:21 PM |
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OK, the bubble popped this isn't news, but now, what's going to happen?
Everyone, well everyone in the "know" has been exiting to USD for a while.
Price will 5K by march 25th then we'll go up slowly towards 9500 in June , and then again slowly down to find a bottom to god knows where yet.
Alts are going to suffer like you've never seen them suffer
Some funds with position in alts have been using the pretense of forks to get out for USD, see ETC then and XMR now.
The ICO coins? they are done, completely done, they never had any product anyway.
ETH will go to 350 and follow btc movement in USD afterwards.
Now is the time to take holidays, its been 3 years we are in this, we are all tired, we need some rest.
Come back when its boring and price is flat and the world has forgotten about bitcoin
A very possible scenario indeed. Din't want to think about it, didn't want to point this out. But well, thanks for being so brave to tell the truth
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babygun
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March 09, 2018, 02:46:30 PM |
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Nobody can really predict bitcoin price, this has already been proving over and over again. Price is going down today again, most probably due to the sale of coins from MtGox.
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