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Author Topic: This is what happening to BTC  (Read 1940 times)
jops
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April 02, 2018, 02:01:21 AM
 #61

hi folks let me tell you what i think is going on right know Prices falling while value is increasing can only mean 2 things: 1. Either the price went up too much last year and is now correcting, or 2.: people don't get the value yet and we will see a strong price increase in a few months most likely is second option We will soon find out! tell me what do you think  Roll Eyes
I think the market make some correction about the price of bitcoin. That is why the price of bitcoin goes down. Because in the previous year the price of bitcoin is unexpected price because its to high. Compare to the other coin the price of bitcoin is much higher than the other. May be thats the reason why the price is going down.
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April 05, 2018, 01:30:47 AM
 #62

I think the second option maybe because we too relax a day if we had ate too much LOL
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April 05, 2018, 01:38:40 AM
 #63


Honestly, I'm afraid of the future of BTC
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April 05, 2018, 01:41:28 AM
 #64

what people need to do is stop looking at the peak price as if thats 'value' and then cry every time it drops.

instead take the LOWEST price of the last 6-12 months and set that as 'value' and then if the price doesnt go below that line, they know bitcoin has good resistance and good value

if the price goes well higher then the LOW then this is the speculative bubble. and when it comes down but is still above the LOW thats just a correction.. (bubble burst)

but if the price goes below the LOW then that is where its a undervalued dump(where true panic usually sets in)

in short dont base your emotions on the highs at any point.. look for the lows and set targets and 'value' based on the lows
The bitcoin theft from wallet holders managed by Mt Gox. As a result, Mt Gox discontinues trading, company and onsite services and filed for bankruptcy. As a result of this incident, the losses suffered amounted to 850,000 bitcoin or equivalent to US $ 450 million at that time.
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April 05, 2018, 01:44:09 AM
 #65

hi folks let me tell you what i think is going on right know Prices falling while value is increasing can only mean 2 things: 1. Either the price went up too much last year and is now correcting, or 2.: people don't get the value yet and we will see a strong price increase in a few months most likely is second option We will soon find out! tell me what do you think  Roll Eyes
you have mentioned about the correction and I totally agreed with that but i guess its contradicting when you said that there will be a string moves of increase in few months,the correction happens and thats what will be for this year,if theres a growth that would happen its for what the investors will bring to us.
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April 05, 2018, 01:46:48 AM
 #66

I think prices will rise again in the next few months. This stage is just a process of re-selecting investors and speculators
For now this is indeed we can only be patient and wait for the price can be back as before. because the current price is also relatively declining. I think it will take a while to get back up

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kolinko
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April 05, 2018, 04:20:33 AM
 #67

Bitcoin is currently down, this is the opportunity for investors to continue to buy bitcoin at low prices or who are holding bitcoin to keep, do not sell. Bitcoin is down because the market is adjusting for price to stabilize and develop.
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April 05, 2018, 05:00:18 AM
 #68

hi folks let me tell you what i think is going on right know Prices falling while value is increasing can only mean 2 things: 1. Either the price went up too much last year and is now correcting, or 2.: people don't get the value yet and we will see a strong price increase in a few months most likely is second option We will soon find out! tell me what do you think  Roll Eyes


first, there is a correction in the market due to growth too fast in the past year is true,
secondly, there are many factors that cause the market to fall rapidly, some facts revealed over the ban in some countries and internet giants like facebook and google.
the rest is FUD
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April 05, 2018, 05:02:39 PM
 #69

It was the correction that caused the correction in the price and I was expecting correction much earlier but then big whales started pouring capital into it resulting in an artificial price hype. I am expecting that price will start recovering from this month and we are going to see a fresh all-time high price milestone in this year itself. The market is still in the basic phase and maturity is needed in every aspect of growing.
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April 06, 2018, 01:04:26 AM
 #70

hey I didn't get the gesture of the second point! :-/ What does it even means?
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April 06, 2018, 01:24:04 AM
 #71

I am expecting that price will start recovering from this month and we are going to see a fresh all-time high price milestone in this year itself. The market is still in the basic phase and maturity is needed in every aspect of growing.

Seriously I dont see any market recovery this month with all the regulations and exchange issues. From dumping and scamming, to spreading FUD. I respect your expectations, but I just dont see any hints or indications for recovery.  TA's even seeing a tringle in the chart, thus predicting the dropping of btc price as low as $1000. I know its not accurate, but TA's has been our guide through a profitable investment. I mean it could happen or not, atleast we're forearmed to a certain situation that comes.

R


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April 06, 2018, 01:26:22 AM
 #72

Most people are trying to predict what will be awith bitcoin in future, but, as people we always attend to be optimistic, so we are hoping on a correction, on a price rise.... I`m just like that, so let it be.
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April 08, 2018, 03:31:42 PM
 #73

Time is gonna tell everything rightly just hell wait and work Wink
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April 08, 2018, 03:38:11 PM
 #74

I think yes the price last year is way to much higher that so mang people alreadt notice bitcoin as a bubble i think this curent price or bitcoin will be slowly back to normal from big bubble pump last year.

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April 08, 2018, 03:40:54 PM
 #75

They push the price too much last year so its time for bitcoin correction. We might see $5k this year before going up again.

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April 08, 2018, 03:42:51 PM
 #76

I think bitcoin only starting to recover today since he already pump to much last year and thats the main reason why bitcoin goes down now since bitcoin goes back into the stable price today.

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April 08, 2018, 03:44:17 PM
 #77

if you are a long term trader dont look at the price now. IF you are a short term trader you should have been out of the market a long time ago. So if anybody asks tell them you are a long term trader
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April 08, 2018, 04:21:26 PM
 #78

what people need to do is stop looking at the peak price as if thats 'value' and then cry every time it drops.

instead take the LOWEST price of the last 6-12 months and set that as 'value' and then if the price doesnt go below that line, they know bitcoin has good resistance and good value

if the price goes well higher then the LOW then this is the speculative bubble. and when it comes down but is still above the LOW thats just a correction.. (bubble burst)

but if the price goes below the LOW then that is where its a undervalued dump(where true panic usually sets in)

in short dont base your emotions on the highs at any point.. look for the lows and set targets and 'value' based on the lows


I encourage everyone to read this reply by franky1 attentively. It contains points I've never thought of, but now I think they are so good.

Let's analyse the current situation of Bitcoin with help of the scheme suggested above.

The lowest price of the past 12 months: $1,181 (Apr 08 2017) so with $7k+ we are more than okay.

The lowest price of the past 6 months: $6,087 (Nov 13 2017) - Well, almost a close call, but we are still good.

So, as we can see, Bitcoin has shown good resistance to unfavorable circumstances and has proved that it has good value.

.
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April 08, 2018, 06:00:49 PM
 #79

I think that this correction (falling) will last till middle of summer. It is just whales manipulations. And even now we still can see 5K. But then, in the second half of the year, we'll have a crazy rally upstairs. That's why it is better to wait and buy it under 5k or above 11k.
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April 08, 2018, 06:03:52 PM
 #80

hi folks let me tell you what i think is going on right know Prices falling while value is increasing can only mean 2 things: 1. Either the price went up too much last year and is now correcting, or 2.: people don't get the value yet and we will see a strong price increase in a few months most likely is second option We will soon find out! tell me what do you think  Roll Eyes

The price definitely goes way up too much last year. Try looking on a bitcoin chart with moving average indicators set at 50 day and 200 day range. You will see that the price of bitcoin last quarter of 2017 was way too far from the average smoother. And the bitcoin price falling is not only a direct result of news, but also it's having a healthy correction. It happens to all market, not only bitcoin. But consider that there is other factors that affects bitcoin price like whales manipulation in exchanges.
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