hugeblack (OP)
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April 01, 2018, 11:46:13 AM Last edit: May 13, 2019, 09:26:27 PM by hugeblack |
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Bitcoin has gone through harder times and the price keeps rising Bitcoin value 2017-04-01 1,085.03 ++++++ Bitcoin value 2018-04-01 $6735.53 1.South Korea threatens to shut down cryptocurrency exchanges - December 28, 2017 [Bitcoin value:16064.44$ 10 days 17163.38$] [1]2.SegWit2X Cancelled - November 8, 2017[Bitcoin value:7143.47$ 10 days 7844.44$] [2]3.China Is Shutting Down All Bitcoin and Cryptocurrency Exchanges - September 15, 2017[Bitcoin value:3606.08$ 10 days 3714.44$] [3]4.China bans companies from raising money through ICOs - September 3, 2017[Bitcoin value:4668.05$ 10 days 4223.82$] [4]and more Source: #1#2#3#4 https://99bitcoins.com/price-chart-history/
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pxo.011
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April 01, 2018, 12:01:57 PM |
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well how can the bitcoin pursue or deal with it, i think faith is the one that we need
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avikz
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April 01, 2018, 12:11:58 PM |
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Bitcoin price is very sensitive to the bad news and also it is decided by pure public sentiment. So whenever we see serious bad news like a country banning crypto currency operations or criminalizing it, market reacts badly. On the other hand, the market should react well for any good news. My concern is, now the market is not reacting to the good news. Otherwise, we have two great news with us like, Germany legalizing it and G20 summit showed positive thoughts about it. But the market didn't react well instead the price keeps going down for no apparent reason.
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Direwolve735
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April 01, 2018, 12:33:34 PM |
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Bitcoin price is very sensitive to the bad news and also it is decided by pure public sentiment. So whenever we see serious bad news like a country banning crypto currency operations or criminalizing it, market reacts badly. On the other hand, the market should react well for any good news. My concern is, now the market is not reacting to the good news. Otherwise, we have two great news with us like, Germany legalizing it and G20 summit showed positive thoughts about it. But the market didn't react well instead the price keeps going down for no apparent reason.
I think that Bitcoin hasn`t grown on the background of good news yet, since the bad ones have affected him too detrimental. On the trading floor OKEx traders have made too many operations with futures for crypto currency, which triggered its fall. The fall of the rate is also associated with the closure of major trading floors. The good news that you mention can not block such strong causes of the fall. Therefore Bitcoin needs more time to recover in this situation.
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hase0278
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April 01, 2018, 12:53:42 PM |
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Bitcoin price is very sensitive to the bad news and also it is decided by pure public sentiment. So whenever we see serious bad news like a country banning crypto currency operations or criminalizing it, market reacts badly. On the other hand, the market should react well for any good news. My concern is, now the market is not reacting to the good news. Otherwise, we have two great news with us like, Germany legalizing it and G20 summit showed positive thoughts about it. But the market didn't react well instead the price keeps going down for no apparent reason.
Good news will not always get a positive reaction, and vice versa. One great proof for it is some of OP's examples in his post since market sentiments reacted the opposite way. Also, the public should have had reacted badly in media always trying to bring btc down when it was still in it's early days. Nevertheless, bitcoin shown it's resilience and it's supporters have shown positive reaction it despite the bad news that time.
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Renal
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April 01, 2018, 01:17:31 PM |
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although of course we are busy with investing in bitcoin but we also have to spend some time in worship and pray because everything must be in the basics like that because this life must be based on faith trust.
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LogitechMouse
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April 01, 2018, 01:25:17 PM |
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The price drop of bitcoin is caused by those investors who has weak hands and selling when there are FUD's spreading in the internet. We can't do anything about it. Those professional investors see this as an opportunity to buy, making the price to increase.
We have seen bitcoin crashed when Mt. Gox has been hacked in the year 2012 I think or 2013 but it slowly rises and at 2017, it reached a new ATH of almost 20k$. Lets just hold bitcoin instead of dumping it.
In the post of OP we saw that when there is FUD that has been spread across the internet, the price of bitcoin increases. This is because of the professional investors who are buying when they know that bitcoin dipped. They bought at a lower price and slowly, it will increase again.
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1020kingz
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April 01, 2018, 01:32:35 PM |
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it means that no matter what is the negative news bitcoin will survive and will gain more supporters from the community, bitcoin will continue to rise and we can gain more profit though there is spreading negative news.
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ajoygb
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April 01, 2018, 01:37:03 PM |
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If there is so called positive so expect the negative, but let not the negative put you down instead used the negative to inspired you to move forward and turned it into positive . For if there is negative there is success on it.
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Ondre
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https://i.imgur.com/iwknjIj.png
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April 01, 2018, 01:40:09 PM |
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Bitcoin price is very sensitive to the bad news and also it is decided by pure public sentiment. So whenever we see serious bad news like a country banning crypto currency operations or criminalizing it, market reacts badly. On the other hand, the market should react well for any good news. My concern is, now the market is not reacting to the good news. Otherwise, we have two great news with us like, Germany legalizing it and G20 summit showed positive thoughts about it. But the market didn't react well instead the price keeps going down for no apparent reason.
I agree with the quote and I think one way to help bitcoin is for us to share good news about it. Let’s make people become aware of the benefits of bitcoin thru peer to peer sharing this way we are helping others and bitcoin in itself. There’s always a good news in it and let the negative news die down.
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Dejech19
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April 01, 2018, 01:48:15 PM |
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it means that no matter what is the negative news bitcoin will survive and will gain more supporters from the community, bitcoin will continue to rise and we can gain more profit though there is spreading negative news.
Absolutely my friend, I don't believed in all the negative news and feedbacks regarding bitcoins. I know bitcoin well passed this stage. Happy moments are not always happy expect the dull times also, so this time are the dull moment of bitcoin. But negative will change to positive if we wont let negativity swallow our trust in bitcoin. Lets pray and continue to support bitcoin tell happy times came back.
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Morgann
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April 01, 2018, 01:51:29 PM |
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well how can the bitcoin pursue or deal with it, i think faith is the one that we need
Faith and trust is our key for this all downs of bitcoin. For me i trusg bitcoin thats why i dont sell some of my money to bitcoin or cepytocurrency. I see a big profit when it pumps again this year or month.
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bitfocus
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April 01, 2018, 01:54:17 PM |
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you are absolutely right, we need to keep faith up and have patience during this downtime. Bitcoin just need some time to recover and go stable.
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Musstang
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April 01, 2018, 02:01:44 PM |
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It's terrible already to look at the bitcoin course. We hope that in May bitcoin and other crypto currency will begin to grow. I think many still remain calm, but many have already started to give up nerves.
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Oppang Inamo
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April 01, 2018, 02:04:01 PM |
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Bitcoin has gone through harder times and the price keeps rising Bitcoin value 2017-04-01 1,085.03 ++++++ Bitcoin value 2018-04-01 $6735.53 1.South Korea threatens to shut down cryptocurrency exchanges - December 28, 2017 [Bitcoin value:16064.44$ 10 days 17163.38$] [1]2.SegWit2X Cancelled - November 8, 2017[Bitcoin value:7143.47$ 10 days 7844.44$] [2]3.China Is Shutting Down All Bitcoin and Cryptocurrency Exchanges - September 15, 2017[Bitcoin value:3606.08$ 10 days 3714.44$] [3]4.China bans companies from raising money through ICOs - September 3, 2017[Bitcoin value:4668.05$ 10 days 4223.82$] [4]and more Source: #1#2#3#4 https://99bitcoins.com/price-chart-history/Yes it is true dont need to let the negativity get you down because negativity can only bring you down and it cam only waste your time and effort.Being pessimist is not good you must set your mind with positive things and be an optimist.
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entemeister
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April 01, 2018, 02:13:36 PM |
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Bitcoin has gone through harder times and the price keeps rising Bitcoin value 2017-04-01 1,085.03 ++++++ Bitcoin value 2018-04-01 $6735.53 1.South Korea threatens to shut down cryptocurrency exchanges - December 28, 2017 [Bitcoin value:16064.44$ 10 days 17163.38$] [1]2.SegWit2X Cancelled - November 8, 2017[Bitcoin value:7143.47$ 10 days 7844.44$] [2]3.China Is Shutting Down All Bitcoin and Cryptocurrency Exchanges - September 15, 2017[Bitcoin value:3606.08$ 10 days 3714.44$] [3]4.China bans companies from raising money through ICOs - September 3, 2017[Bitcoin value:4668.05$ 10 days 4223.82$] [4]and more Source: #1#2#3#4 https://99bitcoins.com/price-chart-history/People tend to overestimate the impact of good or bad news on bitcoin price, every week you can see some bad or good news but what determine the price are the market trends
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Vendetta666
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April 01, 2018, 02:15:10 PM |
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it means that no matter what is the negative news bitcoin will survive and will gain more supporters from the community, bitcoin will continue to rise and we can gain more profit though there is spreading negative news.
True, although some countries and some site ban the bitcoin. It is still our future crypto. We are still trust the bitcoin because we are still believe it will rise again. And I know everyday there are some people who interested in bitcoin.
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pusa aso
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April 01, 2018, 02:19:51 PM |
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Bitcoin has gone through harder times and the price keeps rising Bitcoin value 2017-04-01 1,085.03 ++++++ Bitcoin value 2018-04-01 $6735.53 1.South Korea threatens to shut down cryptocurrency exchanges - December 28, 2017 [Bitcoin value:16064.44$ 10 days 17163.38$] [1]2.SegWit2X Cancelled - November 8, 2017[Bitcoin value:7143.47$ 10 days 7844.44$] [2]3.China Is Shutting Down All Bitcoin and Cryptocurrency Exchanges - September 15, 2017[Bitcoin value:3606.08$ 10 days 3714.44$] [3]4.China bans companies from raising money through ICOs - September 3, 2017[Bitcoin value:4668.05$ 10 days 4223.82$] [4]and more Source: #1#2#3#4 https://99bitcoins.com/price-chart-history/all of us must be strong in doing like this that they are always telling that someday bitcoin will be stop,but for me i am a positive thinker and i will never give up on a very small question they have,if we think positive we can walk straight and just go on working in bitcoin.
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rejekiku
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April 01, 2018, 02:23:06 PM |
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it means that no matter what is the negative news bitcoin will survive and will gain more supporters from the community, bitcoin will continue to rise and we can gain more profit though there is spreading negative news.
yes, its true. bitcoin will continue to rise, and I certain it will happen soon.
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Anti-Cen
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High fees = low BTC price
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April 01, 2018, 02:24:53 PM |
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Me is not negative, me is positive and got out at $18k after seeing fees hit $55 per transaction and knew all trust in the development team was lost and walked off with a nice positive sum.
Fees and the lightning network with it's banking hubs has killed bit-coin and keep trying to blame China, Korean or Putin is not fooling anyone with there eyes open and it's about as realistic as the so called Russian chemical attack on the UK.
Mummy i was going to be rich but Putin fixed it so can i have my pocket money please mum.
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Mining is CPU-wars and Intel, AMD like it nearly as much as big oil likes miners wasting electricity. Is this what mankind has come too.
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