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Author Topic: Can Bitcoin Reduce to $ 4000?  (Read 1477 times)
asdnguyenthanhtin
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March 09, 2018, 07:05:37 AM
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According to some sources, Binance was hacked just to hide the sale bitcoin of the Japanese (mt.gox) ( ~800k BTC ). If there are more information about the hacking exchange.Then, BTC breaking below 4xxx, maybe 2k5, I think the best way : u should to sell all your BTC, altcoin. All exchange will die. Thats' the second mt.gox. ***Attention from now until 7/4/2018.
The Chinese exchange is not easy to hack. If so, it is deliberate......
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March 09, 2018, 07:10:17 AM
 #2

According to some sources, Binance was hacked just to hide the sale bitcoin of the Japanese (mt.gox) ( ~800k BTC ). If there are more information about the hacking exchange.Then, BTC breaking below 4xxx, maybe 2k5, I think the best way : u should to sell all your BTC, altcoin. All exchange will die. Thats' the second mt.gox. ***Attention from now until 7/4/2018.
The Chinese exchange is not easy to hack. If so, it is deliberate......
Now there is a decline in bitcoin prices, but I think it will not go down too much. This is still within reasonable limits and very possible once to experience price increases again. I am optimistic because the development of Bitcoin is now getting better, many places have also received payment via Bitcoin. The decline is only momentary and this is a correction of some people who want to make a profit.  Wink



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March 09, 2018, 07:19:10 AM
 #3

I think bitcoin have no chance to reduce 4000$.because, bitcoin have good future.so, now time to buy some bitcoin and wait for profit.
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March 09, 2018, 07:21:37 AM
 #4

No bitcoin wont break 5000 level as now people have started investing in cryptocurrency very heavily so as market comes down people will pull it back to upper level.
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March 09, 2018, 07:23:46 AM
 #5

According to some sources, Binance was hacked just to hide the sale bitcoin of the Japanese (mt.gox) ( ~800k BTC ). If there are more information about the hacking exchange.Then, BTC breaking below 4xxx, maybe 2k5, I think the best way : u should to sell all your BTC, altcoin. All exchange will die. Thats' the second mt.gox. ***Attention from now until 7/4/2018.
The Chinese exchange is not easy to hack. If so, it is deliberate......

You're giving these details as if you just woke up from a coma which was induced by the Chinese mafia uppercutting your face.
Binance denounced the hack/phishing rumor which was spreading like wildfire for the last 24 hours and it seems this is just another attempt at spreading FUD to manipulate the market even further. Can't see it dropping below 7k as it already seems to be stabilizing, moving past the rumors.


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asdnguyenthanhtin
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March 09, 2018, 07:33:43 AM
 #6

BTC dump to 4000 is a long process. At least 100 days. before, BTC will pump around 10000. Then it will happen uptrend and I am sure the BTC will be up to 28000 by the end of this year or sooner. But here topic I showed the worst case when the sharks and exchanges controling this market. when they are threatened by profit sharing between themselves. Finally, the verdict is likely to occur  Cry  Cry
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March 09, 2018, 07:42:11 AM
 #7

There is always a chance to drop the value of bitcoin but i believed that it wont happen to drop at that $4000 value. As of now $8,890 is the value of bitcoin and continue to fluctuate and i am hoping that i will make miracle to hit the top value again.
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March 09, 2018, 07:48:27 AM
 #8

I don't believe this is possible and we should not see the current bearish moment as a complete dump of the market and we should just see this as another opportunity for us to  believe in cryptocurrency technology and that is moving along the international market standard because we can see that forex and stock are completely down now improve and cryptocurrency will not different.

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March 09, 2018, 07:52:46 AM
 #9

According to some sources, Binance was hacked just to hide the sale bitcoin of the Japanese (mt.gox) ( ~800k BTC ). If there are more information about the hacking exchange.Then, BTC breaking below 4xxx, maybe 2k5, I think the best way : u should to sell all your BTC, altcoin. All exchange will die. Thats' the second mt.gox. ***Attention from now until 7/4/2018.
The Chinese exchange is not easy to hack. If so, it is deliberate......

It's either you are new to bitcoin and are not familiar with the usual up and down swing of Bitcoin price in the past years or this is just a deliberate attempt to spread FUD. I will go the latter.
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March 09, 2018, 08:05:21 AM
 #10

According to some sources, Binance was hacked just to hide the sale bitcoin of the Japanese (mt.gox) ( ~800k BTC ). If there are more information about the hacking exchange.Then, BTC breaking below 4xxx, maybe 2k5, I think the best way : u should to sell all your BTC, altcoin. All exchange will die. Thats' the second mt.gox. ***Attention from now until 7/4/2018.
The Chinese exchange is not easy to hack. If so, it is deliberate......

Anything could happen in the next half year. We have to be mentally prepared for price changing.
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March 09, 2018, 08:13:36 AM
 #11

It may happen that Bitcoin reduce to $4000 but that doesn't mean that this decline in price will permanent because there are many people from the world who are using Bitcoin regularly and which means they are using exchange services too.

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March 09, 2018, 08:27:06 AM
 #12

According to some sources, Binance was hacked just to hide the sale bitcoin of the Japanese (mt.gox) ( ~800k BTC ). If there are more information about the hacking exchange.Then, BTC breaking below 4xxx, maybe 2k5, I think the best way : u should to sell all your BTC, altcoin. All exchange will die. Thats' the second mt.gox. ***Attention from now until 7/4/2018.
The Chinese exchange is not easy to hack. If so, it is deliberate......

This is one of the false new we have and we will be hearing  from now and then. Making this kind of news might really affect the people's reaction, it's not really what's in the news that will cause Bitcoin value to decline but the reaction of investors toward that news. There were news that was reported that were even more alarming, but the effect of such news will be only for short term. Dont just depend on what you just overhead, make a good research of whether such news are legit.

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March 09, 2018, 08:32:13 AM
 #13

as you know binance are denying the hacked rumor so it will not create any further dip ,i think going to 4k$ is not possible,they have already clarified that all fund are safe and they have resume the trading.i think we might see a little dip but it will recover soon as q1 end is approaching,we can seen another
rally.
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March 09, 2018, 08:43:39 AM
 #14

I think it is impossible for bitcoin to hit $4k and below , it might rise up when it's value touches $5k . just wait and dont check its value every hour to avoid being stress .

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March 09, 2018, 08:43:59 AM
 #15

It can be down to 3k also. It is the possibility and also miners still continue to work on these price.
It is just matter of moving capital from one to another one. bitcoin doesn't have any opportunity or a super property to keep its value.
It will be an antique coin in the future and will no value may be..

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March 09, 2018, 08:57:51 AM
 #16

According to some sources, Binance was hacked just to hide the sale bitcoin of the Japanese (mt.gox) ( ~800k BTC ). If there are more information about the hacking exchange.Then, BTC breaking below 4xxx, maybe 2k5, I think the best way : u should to sell all your BTC, altcoin. All exchange will die. Thats' the second mt.gox. ***Attention from now until 7/4/2018.
The Chinese exchange is not easy to hack. If so, it is deliberate......

The alleged hacking incident was quickly acted by Binance. They have immediately stop withdrawals and it looks like they have done a tremendous job at reversing the said incident. That's why Binance is the number exchanges the way they show  support and the actions that they have taken to quell it. And its not a hack on Binance per se, it has something to do with the automated bots. Those users who uses this bots have been exploited. So its a isolated incident and not everyone has been affected. My funds are still intact. Well as far as the selling of a Japanese whales of large sum of bitcoin, the only thing I can say is the timing of his dumping, but I guess he needed to liquidate it to pay the debtors or something. But going back to your question, I don't think that we are going to hit $4000, when everything settles down in the next few days and investors realized what causes this dip, I'm sure that they will go back to the ecosystem because this time is a good buying for everyone. I'm seeing another rally and hit $10000 anytime soon.

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March 09, 2018, 09:03:25 AM
 #17

Theoretically speaking, yes, it can go down to 4000 usd or even lower, it can also go even higher than its all time high which is 20000 usd, but i do not see it going lower than 1000 usd or going back to its original price which is less than 1 usd. If we look at the chart, the volume of trade is high and a lot of people seems to already had taken profit, we should be weary of the price going down, since those people who had sold their bitcoins at a high price will surely buy back whenever there are signs of reversal or if the price is alrrady at igs lowest and not breaking any support, i think we should also consider using fundamental analysis at this time.
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March 09, 2018, 09:28:24 AM
 #18

The problem has no connections with hackers but this negative background and news around Binance, China, Tether and so on, they will easily push Bitcoin price to 4000-5000 level. I really expect this level and have already cashed out

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March 09, 2018, 09:37:09 AM
 #19

According to some sources, Binance was hacked just to hide the sale bitcoin of the Japanese (mt.gox) ( ~800k BTC ). If there are more information about the hacking exchange.Then, BTC breaking below 4xxx, maybe 2k5, I think the best way : u should to sell all your BTC, altcoin. All exchange will die. Thats' the second mt.gox. ***Attention from now until 7/4/2018.
The Chinese exchange is not easy to hack. If so, it is deliberate......

You're giving these details as if you just woke up from a coma which was induced by the Chinese mafia uppercutting your face.
Binance denounced the hack/phishing rumor which was spreading like wildfire for the last 24 hours and it seems this is just another attempt at spreading FUD to manipulate the market even further. Can't see it dropping below 7k as it already seems to be stabilizing, moving past the rumors.
This signifies that his panicking too much which do easily believe into rumors or saying from other sources in the net which seems like hes just new into this bitcoin world. $4000 is too much to go down even those mt. gox amounts of bitcoin would be dumped down we wont eventually reach that price range again and im sure of that unless if people would panic even more on sudden decline of price then we will reach out that in no time.

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March 09, 2018, 09:39:51 AM
 #20

I don't think so. Bitcoin price will up again very soon. thought the price of Bitcoin has lost value in recent time but it will get better within a couple of days for sure. not only that but also Cryptocurrency will also be a good shape. So that Don't be worried about the price of Bitcoin anymore.
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