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Author Topic: Why Bitcoin Price Going Down?  (Read 1292 times)
spiderlee
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March 16, 2018, 10:56:26 PM
#1

Hello guys, I been holding crypto currency for many years now because I so one of many enthusiast person on crypto currency particularly on bitcoin. From its low to its highest price. But now how I see it in the charts the price is to low, Its hit 7665$ from 20000$. Why?? What Happen??

If you buy it at 20000$ for sure its a  big upset on you side because you loss more that 50% of your capital.

That is why even if Bitcoin Price is to low today many investor's are afraid to buy because bitcoin myth go down more and
the loss moeny.

I know there is a lot of  expert traders out there

Can you  Make an Advice When I should Buy Bitcoin?

In what price bitcoin price heading now, thus it goes down? or up?

And how much money should I invest on it?

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March 16, 2018, 11:59:56 PM
#2

But now how I see it in the charts the price is to low, Its hit 7665$ from 20000$. Why?? What Happen??
You said that you've been an holder for so many years and now you don't know what happens? I'm sure that you have an idea on what's really happening.
Can you  Make an Advice When I should Buy Bitcoin?
After this green market, when it goes down again. Buy.
In what price bitcoin price heading now, thus it goes down? or up?
No one knows if it will go down further or will recover soon.
And how much money should I invest on it?
Invest only what you afford to lose.

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March 17, 2018, 07:09:56 AM
#3

Hello guys, I been holding crypto currency for many years now because I so one of many enthusiast person on crypto currency particularly on bitcoin. From its low to its highest price. But now how I see it in the charts the price is to low, Its hit 7665$ from 20000$. Why?? What Happen??

If you buy it at 20000$ for sure its a  big upset on you side because you loss more that 50% of your capital.

That is why even if Bitcoin Price is to low today many investor's are afraid to buy because bitcoin myth go down more and
the loss moeny.

I know there is a lot of  expert traders out there

Can you  Make an Advice When I should Buy Bitcoin?

In what price bitcoin price heading now, thus it goes down? or up?

And how much money should I invest on it?



Those who have bought bitcoin around $20000 is already gone. They already good burned as early as January-February so I guess they have exited already. And the rest who have bought at that top price who are still holding will slowly offload as well because they thought that its going to bounce back, sadly that is not the case. I guess you have heard about the Mt. Gox trustee secretly offloading shit tons of bitcoin from December up to the first week of March, that put a lot of strain in the market that's why its seems we can't really take off, heck even $12000 is really hard to get. And then there's a lot of FUD (as usual), and then governments and banks, anti bitcoin stance. I'm no expert in predicting where the price is heading, but if you are going to look at bitcoins previous record, its only proven that it has the ability to bounce back. As far as how much money you should invest, I don't think that anyone can answer that. I guess its really up to you, how much money are you willing to risk?

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March 17, 2018, 08:44:18 AM
#4

All the game between whales.Most of panic sellers support to whales for buying more BTC in cheap rate.Whales are always with BTC and USDT Cheesy

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March 17, 2018, 08:45:38 AM
#5

And how much money should I invest on it?
You should invest only the money that you can afford or much better if you will only invest money that is your spare. Don't try to take risk if you are unsure of what you are doing. There are people that already took their decision and decided to put their life savings to bitcoin. I'm not against with it but in your case since you don't know much so far, still DYOR.

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March 17, 2018, 09:12:21 AM
#6

now its playground for whales , they push price up/down  to profit , thats all

IMHO just hold you coins , dont be fooled ,  BTC will shoot sooner or later
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March 17, 2018, 09:26:16 AM
#7

Hello guys, I been holding crypto currency for many years now because I so one of many enthusiast person on crypto currency particularly on bitcoin. From its low to its highest price. But now how I see it in the charts the price is to low, Its hit 7665$ from 20000$. Why?? What Happen??
If you buy it at 20000$ for sure its a  big upset on you side because you loss more that 50% of your capital.
That is why even if Bitcoin Price is to low today many investor's are afraid to buy because bitcoin myth go down more and
the loss moeny.
I know there is a lot of  expert traders out there
Can you  Make an Advice When I should Buy Bitcoin?
In what price bitcoin price heading now, thus it goes down? or up?
And how much money should I invest on it?
When the price was 20,000$ there was a high spam on the Bitcoin network, making only a few bought Bitquin at that price.
Bitcoin is highly volatile so no one will be able to give you a real price for this coin.
If you keep bitcoin as an investment, it is best to follow the rules below:

  • Do not invest recklessly just keeping the bitcoin up to high value (100,000$)
  • Never invest more than you lose

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March 17, 2018, 12:34:00 PM
#8

Hello guys, I been holding crypto currency for many years now because I so one of many enthusiast person on crypto currency particularly on bitcoin. From its low to its highest price. But now how I see it in the charts the price is to low, Its hit 7665$ from 20000$. Why?? What Happen??
If you buy it at 20000$ for sure its a  big upset on you side because you loss more that 50% of your capital.
That is why even if Bitcoin Price is to low today many investor's are afraid to buy because bitcoin myth go down more and
the loss moeny.
I know there is a lot of  expert traders out there
Can you  Make an Advice When I should Buy Bitcoin?
In what price bitcoin price heading now, thus it goes down? or up?
And how much money should I invest on it?
When the price was 20,000$ there was a high spam on the Bitcoin network, making only a few bought Bitquin at that price.
Bitcoin is highly volatile so no one will be able to give you a real price for this coin.
If you keep bitcoin as an investment, it is best to follow the rules below:

  • Do not invest recklessly just keeping the bitcoin up to high value (100,000$)
  • Never invest more than you lose

"only a few bought bitcoin at that price"
I tend to disagree, as the volumes at the level of 16000$ was huge compared to now, and not only that, the price stayed like that for 2-3 weeks, with all the hype going, there was a massive trading volume in bitcoin pairs, so it's not really hard to find someone who purchased his bitcoin for more then 18000$.

No one will be able to set you the price of the coin, that's right, but the market decides what's the price of something, unlike stocks where the company earnings is one of the only parameters that affect the market.

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March 17, 2018, 02:21:47 PM
#9

Hello guys, I been holding crypto currency for many years now because I so one of many enthusiast person on crypto currency particularly on bitcoin. From its low to its highest price. But now how I see it in the charts the price is to low, Its hit 7665$ from 20000$. Why?? What Happen??

If you buy it at 20000$ for sure its a  big upset on you side because you loss more that 50% of your capital.

That is why even if Bitcoin Price is to low today many investor's are afraid to buy because bitcoin myth go down more and
the loss moeny.

I know there is a lot of  expert traders out there

Can you  Make an Advice When I should Buy Bitcoin?

In what price bitcoin price heading now, thus it goes down? or up?

And how much money should I invest on it?


Bitcoin passing through a dumping journey now. What a low price is Bitcoin! Beginning of year Bitcoin price was about $16000 but now Bitcoin price reducing half of total amount. The main case of reducing Bitcoin is holding.

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March 17, 2018, 02:32:18 PM
#10

You池e a great holder so you should know this thing and make no panic. The price drops so hard but I still believe that buying bitcoin is worth it, its a matter of time and we will see bitcoin $20k level again or beyond. Only buy the money you afford to lose, so no regrets in the future.
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March 17, 2018, 03:39:42 PM
#11

You池e a great holder so you should know this thing and make no panic. The price drops so hard but I still believe that buying bitcoin is worth it, its a matter of time and we will see bitcoin $20k level again or beyond. Only buy the money you afford to lose, so no regrets in the future.

The main reason for the value down is the investors panic and selling their bitcoin quickly, first of all a investor need more patience and more trust and hope with his investment it is the best way to get more profits.

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March 17, 2018, 04:51:13 PM
#12

You池e a great holder so you should know this thing and make no panic. The price drops so hard but I still believe that buying bitcoin is worth it, its a matter of time and we will see bitcoin $20k level again or beyond. Only buy the money you afford to lose, so no regrets in the future.

The main reason for the value down is the investors panic and selling their bitcoin quickly, first of all a investor need more patience and more trust and hope with his investment it is the best way to get more profits.

There is no panic selling now bro. I see many people invested on bitcoin and earning more bitcoin with the fiat cash. Reason for this price fluctuations is MT gox he sold more money to settle his all the pending amount he need to payment.
He made the transaction over 400 billion worth of bitcoins in the normal exchanges.
This is the reason we find the great fall on all the crypto currencies. Still there are big possible to find the 20K USD change in 2 months.

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March 17, 2018, 05:58:00 PM
#13

You池e a great holder so you should know this thing and make no panic. The price drops so hard but I still believe that buying bitcoin is worth it, its a matter of time and we will see bitcoin $20k level again or beyond. Only buy the money you afford to lose, so no regrets in the future.

The main reason for the value down is the investors panic and selling their bitcoin quickly, first of all a investor need more patience and more trust and hope with his investment it is the best way to get more profits.

There is no panic selling now bro. I see many people invested on bitcoin and earning more bitcoin with the fiat cash. Reason for this price fluctuations is MT gox he sold more money to settle his all the pending amount he need to payment.
He made the transaction over 400 billion worth of bitcoins in the normal exchanges.
This is the reason we find the great fall on all the crypto currencies. Still there are big possible to find the 20K USD change in 2 months.

two months is a very long time to see the price growth ,, but what can make this happen ,, has been mixed more than two months bitcoin prices continue to fall ,, as if hope is thinning for us find opportunities to crawl back up ,, bitcoin indeed very difficult to guess the movement
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March 17, 2018, 07:15:15 PM
#14

The main reason for Bitcoin price dip is the sale of 30k Bitcoin by MtGox trustee, they also sold 30k Bitcoin Cash.
To add something more I would like to say that there was panic sale also along with MtGox sale.

Another thing could be that Tether sold a huge amount and they have also created tons of Tether behind the scene, crypto space didn't know about it.
It may be totally a rumor, I heard somewhere and I can't prove it. Even I forgot from where I heard about it and it's approx a two month old story.

MtGox still hodls a lot of bitcoins, so they may sell more if the court orders them to do so.

Just stay positive, the price will rise again. It's normal for peoples to cash out.

Huge drop = Huge sale
Huge peak = Huge buy < hopefully it will start soon because bitcoin price is cheap now in my opinion.


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March 17, 2018, 08:35:39 PM
#15


BUY-BUY-BUY-BUY-BUY-BUY-BUY-BUY-BUY-BUY-BUY-BUY-BUY-BUY-BUY-BUY-BUY-BUY-BUY-BUY-BUY-BUY-BUY-BUY

LOL Roll Eyes Roll Eyes Roll Eyes
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March 17, 2018, 11:09:53 PM
#16

A lot of things have really happened in the past few weeks that have shaken the markets notably SEC issuing some new regulations concerning cryptocurrency exchanges,Mt. Gox selling off bitcoins to pay users,binance's hack,governments around the world taking negative stances on cryptocurrencies etc.These have continually shaken the markets and so that's why we aren't seeing any stability for now.

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March 17, 2018, 11:50:30 PM
#17

          The only  thing that always affect the bitcoin price going down and up is base on the law of demand and supply. And the panic selling of bitcoins now also affect the market because the supply continuesly flowing while the demand is not enough. Still, ups and down is normal in the market so, i think there is nothing to worry about.

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March 18, 2018, 12:20:55 AM
#18

I think the bitcoin revolution is closing slowly because bitcoin technology is old.. OK I agree. Satoshi Nakamoto, The man is a genius.. but there are some errors in the code, and they can not be fixed.  I think that the kingdom of crypto will get another coin. Of course this is an idea.
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March 18, 2018, 02:41:40 AM
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I think the bitcoin revolution is closing slowly because bitcoin technology is old.. OK I agree. Satoshi Nakamoto, The man is a genius.. but there are some errors in the code, and they can not be fixed.  I think that the kingdom of crypto will get another coin. Of course this is an idea.

Yeah this is just an idea, I know bitcoin can survive this thing. Its falling, it hurts to see bitcoin on this level again but hopefully this is just in short term. Let痴 keep on supporting this kind of technology so it will still exist in the future.
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March 18, 2018, 06:52:39 AM
#20

Just have faith and patience.. Bitcoin will surely rise again in its time. What I've noticed whenever there is a certain event bitcoin value rises.. That's why just to keeps sake my profits I alwats takes my profits whenever it will be doubles and half of my profits will go for trading then the rest for holding in case it gos back up I take another. For example...

Capital is 200$
Whenever it reaches 400$+ I take my 200$. 200$+ reamains so I divide it to halves one for trading and the other half dor holding.  So on the next peak on bitcoin those in my hold will then increase wait for 400$+ then take another 200$ and so on.

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