automaticmoney
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August 28, 2018, 05:24:05 AM |
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As of now, Bitcoin is in a Bear market and bitcoin is reacting to ETF news rejection and approval is affecting bitcoin prices in large so we should wait for stability in bitcoin prices once the positive news may be by this year-end
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
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James_H
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August 28, 2018, 06:33:02 AM |
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One of the reasons why the price of Bitcoin has dropped quickly is because of the amount of news, it may be true or just fake news but it affects people's interest and trust in Bitcoin and its future. many investors and users sell coins, which is why the value has gone down even further. But in my opinion the price reduction is only temporary, we must be able to take advantage of the moment of price reduction by buying more bitcoin or altcoin.
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kniheant
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August 28, 2018, 12:37:19 PM |
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because,many people sold crypto include bitcoin,It is a normal situation in the marke.Sometimes it will rie up and sometimes it fall dow .We must expect always it to happen,so be patient guys.
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Piapia
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August 28, 2018, 01:23:42 PM |
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the decline in bitcoin prices may be due to negative news circulating on social media so that investors are hesitant to invest but at this time other bitcoins and altcoins experience price recovery
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skish85
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August 28, 2018, 01:37:35 PM |
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I think that the market is being manipulated in the hope that most people in a panic will start selling their coins. Thus, "whales" will earn a large amount of money.
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Plurennial
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August 28, 2018, 02:48:29 PM |
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Investors run away from cryptocurrencies. That is basic economic science.
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biletskiy
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August 30, 2018, 09:31:11 AM |
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I think bitcoin prices continue to decline due to the many negative news factors from various media, even some TV media such as CNBC, Bloomberg and so on always display experts who are anti-bitcoin, they always say that bitcoin has no future and is just a bubble.
Bitcoin price is not declining during the last week of August. I can guess that BTC can be offered for less than $6100 in autumn but then, the cryptocurrency will gain. |
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ucingucingan
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August 30, 2018, 12:00:43 PM |
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in my opinion, maybe this was triggered by a trumph act that carried out an economic attack on Iran, then on the other hand many bitcoin investors came from the Iranian country, so when trumph carried out economic attacks, Iranians immediately sold the bitcoin they had because they were afraid of losing their assets, so in accordance with the law of supply and demand market when there are certain commodity sales this magnitude will make the price drop drastically this is what is called the dump
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Lindseyhunt
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August 30, 2018, 12:09:48 PM |
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I think, there are many people sell their coin with value. just little by little, but it will make the price rapidly down if there are many people take it. maybe they afraid bitcoin price too low so they want to sell as fast as they can.
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automaticmoney
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August 30, 2018, 12:39:29 PM |
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The main reason bitcoin price is going down is that of ETF news approval and rejection once bitcoin is out of this news then we can expect a positive bull run thereon words
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KluFf
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Alfa-Enzo: Introducing the First Global Smartmarke
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August 30, 2018, 12:48:07 PM |
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Base on my observation
The price is affected with the new investors because they got blind with the price of bitcoin last year that the price reaches to 20k$
So many newbies try bitcoin and now they are panicked about selling their price and losing profit.
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Buttermellow
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August 30, 2018, 12:54:04 PM |
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The news in term of development are actually decent, with LN getting closer to a release, so I think this is just temporary.  Well you are right and it seems that this happen on march where we could see on when this thread was being posted. You are definitely right those times where just temporary and the cyrpto market get even a good increase that it almost doubled its market price. However, it repeat again as of this moment crypto market is almost crushing but i guess it is still temporary. |
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sutejo
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August 30, 2018, 01:08:27 PM |
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Bitcoin prices go down because of the coin "scam that promotes homemade coins and to make big profits and then run away.
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Farhan786
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August 30, 2018, 03:23:27 PM |
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The reason is many bad and false statements against bitcoin. I see many negative news stories that will cause fluctuations in the market. But hopefully, In future surely the price of bitcoin will increase till that you can hold the bitcoins and gain huge money.
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fianaindriati
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August 30, 2018, 03:36:27 PM |
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Bitcoin prices go down because of the coin "scam that promotes homemade coins and to make big profits and then run away.
nowadays the existence of fraud is quite a lot, making many people feel uneasy, because the conditions with that reality are very similar. the current situation is different from yesterday's high enough price. |
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Mao siro
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August 30, 2018, 05:31:13 PM |
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It is because bitcoin is volatile so its normal that it will dump its price because of the supply, also lots of issue and big holders of bitcoin are sell their holding coins thays why the market are struggling at this moment but its all temporary we all know that it will recover and back again to their place. |
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Ryanpaul80
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August 30, 2018, 06:34:18 PM |
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Trading or investing in cryptocurrency is a psychological war against yourself. Bitcoin price is rapidly going down since the trend of market is volatile. We must expect that it will fluctuate.
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laravuemaster
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When Football meets Crypto
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September 02, 2018, 09:00:03 AM |
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The news in term of development are actually decent, with LN getting closer to a release, so I think this is just temporary. Yeah, this is just a temporary becase for sure a lot of good news and improvements are coming so for me stop panicking. Its green day, and I hope this is a the beginning of a new all time high in the making. Panicking is just normal if you are a new traders because there are a lot of people today who tends to sell their coins based on their emotions since they did not know how the volatility of the market works. |
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BitcoinMarketer39
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ADABsSsSsSsSSSsS
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September 02, 2018, 09:06:40 AM |
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It is because bitcoin is volatile so its normal that it will dump its price because of the supply, also lots of issue and big holders of bitcoin are sell their holding coins thays why the market are struggling at this moment but its all temporary we all know that it will recover and back again to their place. Yes you are right, the market prices are volatile and that is the reason why you should always hold your coins when for its value to increase before selling it again. |
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trauchot
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September 02, 2018, 09:13:01 AM |
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A lot of negative news affects the cryptocurrency and bitcoin itself, as well as a very hard manipulation and do not forget that right now it was summer, many people was withdrawing their money to go on vacation. Some countries blocked bitcoin and cryptocurrency, thereby killing its price sharply. There are a lot of things on which the price of bitcoins depends, you can study them in detail in the Internet.
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