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Author Topic: Bitcoin down ( Mt. Gox is dumping )  (Read 704 times)
crazymelons12
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August 02, 2018, 03:38:52 AM
 #161

Bitcoin had reach around 5000$ which I think was the bottom. But with not much usage or demand I think it could go even lower. The fall of bitcoin becomes more like a natural reaction after it had made so much progress when its value goes up very fast. In time when bitcoin usage will be greater there will be a possibility for it to go up again maybe higher than its all time high.
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August 02, 2018, 04:55:07 AM
 #162

Whenever there are dumps, whether by Mt gox  or whales, there's a big opportunity for people to buy some bitcoin at a reduced price. Grab more while it lasts because even if it's true that Mt gox are dumping btc,  they can't keep dumping forever. They had some btc when the price hit 20K. Btc  will still rise.
Instead of thinking those dumps as a negative thing, i agree that we should treat those dumps as a big opportunity for us to get a lot of good cheap bitcoins in the market because it is the best thing to have as an investor is to have an opportunity to get a lot of cryptocurrency at a very cheap price because of the dump of the whales.

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