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Author Topic: Bitcoin dips again?  (Read 531 times)
liuqi
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March 15, 2018, 11:23:13 AM
 #21

What's the FUD behind the dips again?

Mt. Gox recently sell the 6000 BTC in one shot this is the main issue in crypto market so we should wait for one more week it will recover again. Because many peoples are panic in current situation so don't worry about this price fluctuation. These kind of dips are temporary issues If you believe this coin it will make more in future.

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nick_nick
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March 15, 2018, 11:37:25 AM
 #22

What's the FUD behind the dips again?

The consistent dip in the price of bitcoins has actually cause fear and panic in many investors and traders. They are therefore forced to sell their BTC at a lower rate just to avoid dip in price of bitcoin. This is mainly due to google ban on cryptocurency ads, MtGox selling 700m worth of bitcoins in an open market and ban of bitcoin in certain economies
dothebeats
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March 15, 2018, 11:46:24 AM
 #23

There weren't any recent FUD about bitcoin or crypto for that matter. The way I see it, traders only closed position while the massive dumping by the Mt. Gox trustee halted. Heck, most of the Japanese traders right now are confident that there would be a push on the price given that the selling pressure is alleviated--at least for now. The drop from $9000 is probably the trigger as to why the price fell hard, knowing that there are still some people who are afraid that this is the end of bitcoin's dear life and also the end of their money and careers as traders.
Hans_Pfall
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March 15, 2018, 11:53:46 AM
 #24

Remember that you can make money on the way down as well as the way up. Sell as the price falls...buy back the same level of holding and pocket the difference as profit.  Smiley
The difficulty is of course avoiding the bottom. Not investment advice....just showing that falling price isn't always bad news.
v3liana
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March 15, 2018, 11:59:08 AM
 #25

down the price is a common thing, I think from the panic sell bitcoin, better buy now because the price is very low, do not delay the price drop is only temporary
yes many people selling their coin cause mt gox selling their coins. Lately this been talked so much that this person make the market unstable. But i do believe its not the only reasons behind this dips, many people are too afraid and selling their coins which is makes the market more severe.

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March 15, 2018, 12:02:32 PM
 #26

What's the FUD behind the dips again?

it is again about some arbitrary and completely irrelevant bans. biggest on is related to Google banning crypto and ICO related ads!....

but in the end this drop like any other drop is 20% FUD and 80% whales dumping on the market to create panic and push the price down so they can become even bigger whales!

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nicko122
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March 15, 2018, 12:22:05 PM
 #27

What's the FUD behind the dips again?

I think a big role was played by countries that are constantly trying to ban bitcoin and cryptocurrencies. People start to panic, selling the crypto from which the price falls. If people were less prone to panic, we would not see such a drop in the price of bitcoin.
onrise
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March 15, 2018, 12:23:57 PM
 #28

What's the FUD behind the dips again?

I think a big role was played by countries that are constantly trying to ban bitcoin and cryptocurrencies. People start to panic, selling the crypto from which the price falls. If people were less prone to panic, we would not see such a drop in the price of bitcoin.

It is one of the major factor that is being felt by those countries citizens that their country might banned this so they want to stay away from this till government actually get it legalized or bring some sort of framework where they would not be harassed on purchase of this virtual currency.


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Adeyemi
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March 15, 2018, 04:51:39 PM
 #29

Remember this saying "what goes up must come down?". It happens in the cryptosphere too. Dips are normal in the cryptospace. It doesn't necessarily mean that there has to be a FUD before Bitcoin dips. The market is all about greens and reds trying to balance themselves out. Don't be alarmed. Just enjoy the ride.
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March 15, 2018, 05:40:53 PM
 #30

There weren't any recent FUD about bitcoin or crypto for that matter. The way I see it, traders only closed position while the massive dumping by the Mt. Gox trustee halted. Heck, most of the Japanese traders right now are confident that there would be a push on the price given that the selling pressure is alleviated--at least for now. The drop from $9000 is probably the trigger as to why the price fell hard, knowing that there are still some people who are afraid that this is the end of bitcoin's dear life and also the end of their money and careers as traders.
Yeah those people who has less faith on how Bitcoin journey might won't last forever and stopped the euphoria in the near future that causing this chaos, a continuous drop , the support can't handle it anymore and we've broke the $8,000 line almost heading to $6,000 . Luckily looks like we are ready to back up now. Passed $8,000 and moving forward to build another weak resistance at $10,000 seems wouldn't be hard anymore , just the matter how long we would survive later.

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June 09, 2018, 12:34:12 PM
 #31

many people are spreading FUDs just to buy bitcoin at a lower price.
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June 09, 2018, 12:35:39 PM
 #32

many people are spreading FUDs just to buy bitcoin at a lower price.

The price is not going to fall so all those who are siting tight in anticipation of a fall will end up losing a huge money making opportunity as the price will begin its bull run soon and it will cross 10k and thus for those the price would be high to buy later.
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June 09, 2018, 03:06:31 PM
 #33

What's the FUD behind the dips again?


Bitcoin is volatile in the market, that can't be helped. For me it is not a shocking news if bitcoin is falling.
There are many factors that can makes bitcoin price down, one of them is market correction. It is due the hype on last year.
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June 09, 2018, 03:20:14 PM
 #34

show me one investment that never goes dip, please.
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June 09, 2018, 03:37:45 PM
 #35

The dip will soon be over because it is been stable for the past 4days
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June 09, 2018, 03:58:10 PM
 #36

Well, I can say that bitcoin in dip is just a normal things to happened and to be happen in it's system because for all we known it is form with a very high volatility which is cause by the ups and downs movements of it's value so experiencing dip is nothing to be worried about because for sure after it's dip there will be the pump next to it.
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June 09, 2018, 04:10:23 PM
 #37

This is not a FUD dude, this is the "NORMAL" chart cycle of Bitcoin. Please see the 2014 , 2015 BTC charts where Bitcoin accelerated to a very high price chart. Possible dips: 6k downto 3k (maximum)

What's the FUD behind the dips again?

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June 09, 2018, 04:13:53 PM
 #38

I dont think so
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June 11, 2018, 12:51:56 PM
 #39

this is just something really normal in this market overall, like stocks and you shouldn't be so worried.
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June 15, 2018, 07:43:37 AM
 #40

However, you must advice them to learn about the basics of Bitcoin and cryptocurrency first. Investing in Bitcoin without having a basic knowledge of Bitcoin or not knowing what you're doing is a recipe for failure
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