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Every time a block is mined, a certain amount of BTC (called the
subsidy) is created out of thin air and given to the miner. The
subsidy halves every four years and will reach 0 in about 130 years.
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cellard
Legendary
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Activity: 1372
Merit: 1252
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March 18, 2018, 03:23:25 PM |
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We already broke most resistance points. The only last hope I see now is to have the line that goes from $2972 to $5890 (Bitstamp prices) so if we are going to hope for something, is a bounce in there, which would incidentally coincide with around $7000.. if that breaks.. it wouldn't be looking good unless you believe in double bottoms and trace a line to $5890, and after that we would be looking at around $3000... at that point it would be unreasonably underpriced, which means anyone with a brain will start buying with huge amounts, which means the price will bounce up real fast. |
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supremnoob
Full Member
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Activity: 305
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Bored....
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March 18, 2018, 03:26:33 PM |
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Btc to $2000 is my prediction - in just few WEEKS
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fabiorem
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March 18, 2018, 03:31:22 PM |
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The bottom would be the mining cost. But since we are already under it, we can say that there is no bottom.
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warrior333
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March 18, 2018, 03:35:00 PM |
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Btc to $2000 is my prediction - in just few WEEKS
Why not $ 1,500? It's easy to tell any amount. Where is the logic? What will happen if the G20 summit says that developed countries support users and will not limit the exchange for Fiat? Maybe you know today, what would they say? Such predictions it is fud. They do not carry meaning. |
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fabiorem
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March 18, 2018, 03:45:21 PM |
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Well, $1500, if I'm not mistaken, was the price around May last year.
Maybe we reach $1500 around May in this year too. But I doubt it will stay there for long.
In this case I might be tempted to buy. It's way below the last time I bought, but the fundamentals are much more stronger now than they were in 2017.
Big money might go in at any moment, and that's why I'm not selling. The futures markets are now going long, and there's this G20 summit which can end up like the US senate hearings, which will give a bullish signal. Also, it was confirmed the Mt.Gox trustee was not dumping those coins.
There's too much at stake to sell it. You can be squeezed at any moment.
People are not paying attention to the fundamentals. They only look at charts and think about the price.
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Cobalt9317
Copper Member
Sr. Member
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Activity: 434
Merit: 278
Offering Escrow 0.5 % fee
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March 18, 2018, 04:23:11 PM |
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That's why I always think that my price in signature design service is always friendly and conceivable the value of bitcoin is redundantly volatile.
The main point is how many hodlers will hold their bitcoin after seeing so much crash for the last 6 days.
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cryptocrusher
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March 18, 2018, 04:27:03 PM
Last edit: March 22, 2018, 11:42:38 PM by cryptocrusher |
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Unless we get overwhelmingly positive news out of the G20 then the price is going to slide further. I would be surprised if 6k is not tested again at this point and if that falls then it's really a guessing game as to how low we can go. 5k and under seems much too undervalued to me. In some ways I would like the price to fall rapidly because it should mean at least we can enter a bull market sooner. Instead of a many month long slide downwards. |
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khufuking
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March 18, 2018, 04:43:08 PM |
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To be honest no one at this point can predict where BTC is going , if you are on Tradeview you can see a lot of professional TA just keep guessing and make fun of them self just go and take a look . Any Pro TA now will tell you all the scenario on the same chart and then come back later and say oh I was right !! but he did predict all possible scenario so for sure he will be right there is no chance for being wrong most tradeview TA now is like this no one knows sh!t and if anyone tells he does then he is a lair .
As someone said above some people think that we already reached bottom some think no and every time it is clear we are going deeper down market turn around and bounce . And every time we are thinking finally we are breaking resistance and going uptrend market turn around and bounce down , No one knows sh!t , at this point it is guess game . We need very really good positive news so we can hope for uptrend .
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mostkey
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March 18, 2018, 04:55:31 PM |
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I think the price crisis will continue, many investors are afraid of low prices and fear this will continue. but I am more optimistic at this point. $ 7k I think will be the lowest point this year. and saves a lot of hope for bitcoin to the moon |
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aso118
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Merit: 1012
★Nitrogensports.eu★
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March 18, 2018, 05:27:40 PM |
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I think the price crisis will continue, many investors are afraid of low prices and fear this will continue. but I am more optimistic at this point. $ 7k I think will be the lowest point this year. and saves a lot of hope for bitcoin to the moon I think it might go a little bit lower to around $6,000 levels. The downward momentum is high and we do not have too many positive drivers to compensate. The blood bath in alts is much more severe, but the outlook isn't looking too good for Bitcoin as well. I do not agree with the doomsday predictors who think it will go to $2500 levels, but we still have some distance to go on the downside. |
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airdagon
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Activity: 546
Merit: 17
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March 18, 2018, 05:28:32 PM |
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Btc to $2000 is my prediction - in just few WEEKS
Do not count your chickens until they hatch bro !!! in my opinion the price will not fall that far, especially in a matter of weeks LOL. on what grounds do you think like that? can you explain? from where did you get your prediction source? even in my personal opinion, any cryptocurrency expert would not think the bitcoin price would fall that far. |
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Febo
Legendary
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Activity: 2730
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March 18, 2018, 05:36:04 PM |
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It can for sure go lower. But $7k is totally cool price on my opinion. It will most likely hang around here in upcoming months. I see many calls bottoms in this thread. That is hard hing to do. also always remember bottom is something that price hits and then fast bounce higher. Bottoms are also perfect buy opportunities. Bottom dont mean that Bitcoin is worth that much. |
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mike4001
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March 18, 2018, 05:36:35 PM |
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Btc to $2000 is my prediction - in just few WEEKS
Do not count your chickens until they hatch bro !!! in my opinion the price will not fall that far, especially in a matter of weeks LOL. on what grounds do you think like that? can you explain? from where did you get your prediction source? even in my personal opinion, any cryptocurrency expert would not think the bitcoin price would fall that far. Go back a couple of weeks when the price was 15k-17k and read was these so called "experts" said could "never" happen. You will read quiet often that we will never go below 10k again. |
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Slash61
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Activity: 633
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March 18, 2018, 05:39:18 PM |
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My estimate of the price will not fall below the $ 7000 figure. If the price reaches that figure, we will be quite difficult to get to the moon in 2018. Many people who panic just make the more complicated mess, my hope in the future, hopefully more people think positive, because not only panic people who got the impact of all this. All traders and investors also get the impact.
Now is the time to restrain and stop the habit of panic.
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BrewMaster
Legendary
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Activity: 2114
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There is trouble abrewing
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March 18, 2018, 06:13:01 PM |
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Btc to $2000 is my prediction - in just few WEEKS
well, maybe. but the more i hear $2000 the less i believe it can happen because every single time without exception, that people fixate on a dumb low price, that price never happens at all. as in we will never ever go near it. |
There is a FOMO brewing...
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fabiorem
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March 18, 2018, 06:20:24 PM |
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well, maybe.
but the more i hear $2000 the less i believe it can happen because every single time without exception, that people fixate on a dumb low price, that price never happens at all. as in we will never ever go near it.
But that's the idea. We have to force $2000 so that we might be prepared psychologically for it. This preparation will fortify the hodling, so that the price never comes to reality, as more and more people will be hodling instead of selling. |
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Sophia Portera (OP)
Jr. Member
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Activity: 114
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March 19, 2018, 09:22:58 AM |
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After my post of yesterday BTC started to move up to $8,000. Now the price went over $8,200 and starting to move to $9,000.  It's hard to predict the prices even if it's a short term prediction. But I am happy that BTC and other coins went up. |
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Pursuer
Legendary
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Where is my ring of blades...
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March 19, 2018, 10:14:31 AM |
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After my post of yesterday BTC started to move up to $8,000. Now the price went over $8,200 and starting to move to $9,000.
just because it went back up, it doesn't mean it is headed upwards and to $9000. the same way that just because it went down it doesn't mean it will drop and will head down to $2000! trust me when the rise starts you will know it because it won't be a small rise that lasts a little while and struggles to go up. the rise will be the initiation of the rally and will have lots of FOMO buyers jumping in with their eyes closed. |
Only Bitcoin
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Idrisu
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March 19, 2018, 11:19:32 AM |
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I don't think that the bearish market is over yet as we are still having some negative news about bitcoin and other cryptocurrencies. We should know that bitcoin has a great potential to grow and that is why with all the limitations its still remain very strong. I have to said this that now still remains the best time for us to buy bitcoin and make good profits when the bearish is over and the bullish market commence. |
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