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Author Topic: Analysts expect the fall of Bitcoin to $ 2,800  (Read 693 times)
Lucas95 (OP)
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March 18, 2018, 06:59:21 PM
 #1


Analysts expect the fall of Bitcoin to $ 2,800. According to Day, the penny is the same as in 2013. If this trend continues, in the near future Bitcoin may fall 76% from the peak in late February: reaching $ 2,800.
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March 18, 2018, 07:03:09 PM
 #2


Analysts expect the fall of Bitcoin to $ 2,800. According to Day, the penny is the same as in 2013. If this trend continues, in the near future Bitcoin may fall 76% from the peak in late February: reaching $ 2,800.

But it will always cost more than a penny to mint a penny which is retarded on its face.

Bitcoin will be fine.
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March 18, 2018, 07:08:24 PM
 #3

It's a stupid self-fulfilling prophecy, tbh. So you have all the major crypto news sites reporting this in headlines, and people see: “ANALYSTS SAY BTC FALL TO $2.8k!” And what will happen? They'll sell. Now bitcoin price has dropped.

But! On the very bright side ^_^, if bitcoin falls to $2.8k, my gosh how many of us would buy!?!?!?!? That's like our second chance at getting it cheap!

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March 18, 2018, 07:12:33 PM
 #4

I dont think bitcoin will drop down in that value.$2.8k is very low value for bitcoin.However since bitcoin is a crypto currency and its value is voatile we dont know what will be the movement of its value the next day or month either it will still drop down or will rise again but hoping that it wont reach that value.
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March 18, 2018, 07:24:52 PM
 #5

I don't think you can call those people 'experts' if they predict the price by just throwing in random numbers.
Technical analysis don't work well with crypto. Hell, they don't even work perfectly in the stock market.

Crypto is heavily driven by psychological and sociological factors. Its hardly predictable.

You hear a ton of those 'experts' predicting the price move. And 90% of those predictions turned out to be wrong.
Only a small number of predictions were right. Even a broken clock is right twice a day..

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March 18, 2018, 07:25:53 PM
 #6

If it's true, most miners turn off ASICs
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March 18, 2018, 07:27:14 PM
 #7

I do not recall one single 'analyst' anywhere predicting the 20 grand rise. Because of that I'm not going to pay attention to the opinion of these people who so far only exist in the the OP's sentence.

Could happen. Could not.
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March 18, 2018, 07:44:58 PM
 #8


Analysts expect the fall of Bitcoin to $ 2,800. According to Day, the penny is the same as in 2013. If this trend continues, in the near future Bitcoin may fall 76% from the peak in late February: reaching $ 2,800.
And who are these so-called analysts? Where were they when BTC surpassed $15.000? Anything can happen and anyone can claim whatever they want. There's no reason to believe any of these rumors, no matter if positive or negative.

R


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March 18, 2018, 07:48:53 PM
 #9

If it's true, most miners turn off ASICs

I don't think miner would turn off their machines (which is the only valueproducing mechanism of their company).
Even if, this would not harm the bitcoin ecosystem at all.
It would take a short amount of time until the network difficulty would have adjusted. Afterwards everything would be 'back to normal'.
The only one getting damaged when ASICs get turned off are the owner of these ASICs.



Could happen. Could not.

And probably won't  Tongue

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March 18, 2018, 10:27:20 PM
 #10

Then this is whats going to happen because the experts have predicted thy! They've never been wrong or anything before. There's a general thing that happens when 'experts' predict these sort of things they either get it right and are remembered and hailed before the public for it or they get it wrong and it's forgotten about.

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March 18, 2018, 11:09:34 PM
 #11


Analysts expect the fall of Bitcoin to $ 2,800. According to Day, the penny is the same as in 2013. If this trend continues, in the near future Bitcoin may fall 76% from the peak in late February: reaching $ 2,800.

First, there are no so called experts in crypto market, as the price is based on pure speculation. Personally, I don't think that $2800 is not possible. Because I'm sure that there are buyers around $6K, and that is a great buyer opportunity to all of us.

And please don't be fooled by them, many have predicted that it will go to 0, but its already 9 years since bitcoin continue to thrive and even went as high as $20K last year.

Miners will continue to go mine bitcoin no matter what the price is going to be, in my opinion.

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cpoer2011
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March 18, 2018, 11:17:35 PM
 #12

Analysts can analize about bitcoin what ever they want Cheesy but bitcoin is unpredictable since the day that bitcoin born. Nobody can predicted what happen next. I just hold my bitcoin and wait for long term. Nowdays there are many news about bitcoin such as G20 summit agenda about bitcoin, Google will ban cryptocurrency start june 2018, Facebook already ban ICO or crypto, the latest news is the rumor that twitter will ban ICO also etc. All im trying to say is just watch what will happen with bitcoin and cryptos. I still have faith with bitcoin.
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March 18, 2018, 11:22:58 PM
 #13


Analysts expect the fall of Bitcoin to $ 2,800. According to Day, the penny is the same as in 2013. If this trend continues, in the near future Bitcoin may fall 76% from the peak in late February: reaching $ 2,800.
I see bitcoin will not fall to the value of $ 2800, bitcoin spreading is still high, this decrease occurs because of a few days ago Google and youtube ban crypto ads. and also apple founder sells all bitcoin assets.

but I think spreading and volume will make bitcoin stick at $ 7000 point.

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March 18, 2018, 11:24:04 PM
 #14


Analysts expect the fall of Bitcoin to $ 2,800. According to Day, the penny is the same as in 2013. If this trend continues, in the near future Bitcoin may fall 76% from the peak in late February: reaching $ 2,800.
Maybe, since bitcoin already falls and continuously move down. I think as long as the g20 summit will not happen, there is a continuous drop of bitcoin's price. However, what will happen to the summit will reflect on its price. I hope that it will not fall much and recover its price by July.
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March 18, 2018, 11:26:42 PM
 #15

Analysts expect the fall of Bitcoin to $ 2,800. According to Day, the penny is the same as in 2013. If this trend continues, in the near future Bitcoin may fall 76% from the peak in late February: reaching $ 2,800.
I would like to know who are these analysts and with what reference they are analyzing and predicting these kind of information. I really do not see the price of bitcoin fall to those valuations ,if it does it will be really hard to see another rally in a really long time as it will take a long time for casual investors to trust the coin and if you look right now the price is recovering after the correction. Tongue
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March 18, 2018, 11:29:28 PM
 #16

What ever it is we expect a huge pump after this bear market. Try to buy if you have extra penny, Make it a reality Coz if bitcoin will bounce back and you don't get in then probably you will regret.
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March 18, 2018, 11:31:13 PM
 #17

never listened to analysts, but always made an analysis of my observations and they did not let me down. Analysts often expressed themselves intuitively and not always this helps to make a summary of their observations
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March 18, 2018, 11:34:16 PM
 #18

I do not think that's going to happen because the price is so low and I'm sure that things like this will not be long enough to recover and glide much more proudly than we imagine, I really believe that.
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March 18, 2018, 11:35:43 PM
Last edit: March 20, 2018, 01:24:47 PM by khaled0111
 #19


Analysts expect the fall of Bitcoin to $ 2,800. According to Day, the penny is the same as in 2013. If this trend continues, in the near future Bitcoin may fall 76% from the peak in late February: reaching $ 2,800.

Who are those experts? and how did they figure out that Bitcoin will fall under 5k?
Stop saying anything or at least tell us where did you hear that.
I am not saying that it can't happen but you can't just say what ever you want without any objective analysis.

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March 19, 2018, 12:00:08 AM
 #20

I can agree with bitcoin will drop down on its value but not to the point going down to $2800!
market will recover soon and many will agree on it! So be calm on your bitcoin, it will not drop as what or your analyst expected, but we all know market is volatile we dont know what happens next, so lets just hope for the best!

THE GREAT DANJON HIMSELF !
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