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cioloxl
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June 11, 2018, 09:23:30 AM |
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I'm seeing most of the previous bullrun fade into nothingness. At this point, there's so much manipulation going on and so little outside money coming in, that I don't think we'll be seeing consistent bulls for at least another year or so.
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CaptainKid
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June 11, 2018, 09:32:51 AM |
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If the price drops to $ 5000, then this is a very critical point, when it is not profitable for miners to mine bitcoin. I think if the price goes even lower, there will be an outflow of miners from the industry, which will lead to the collapse of such companies as NVIDIA, AMD and Bit. I believe that they will try not to allow such a development of events.
I do not think that a decrease in the price of bitcoin can affect the outflow of miners, and contribute to the collapse of the companies that you listed, since there has been a significant decrease in bitcoin more than once, but miners do not stop their activity and believe in bitcoin. |
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jackylion
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June 11, 2018, 09:49:21 AM |
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indeed there is now a decrease everywhere not just bitcoin but ethereum as well,
hopefully this does not last long and quickly ends, because it's been too long we struggled with the decline
The drop was unexpected, only overnight, BTC and ETH fell sharply, I do not think that can reduce to that, in my opinion today market will probably be difficult to predict the trend of them, so please be patient which is the best we can do. |
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Skroojee
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June 11, 2018, 09:54:33 AM |
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I think that Bitcoin fell temporarily, but despite this, I think that the market can recover for a long time. Most likely by the end of this year, its price will not exceed $ 20,000.
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cryptohunter
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MY RED TRUST LEFT BY SCUMBAGS - READ MY SIG
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June 11, 2018, 10:04:53 AM |
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they are shaking the tree before they suck up all your cheap btc
I would say there is no guarantees here about how low they can drive it before they decide to let it rise naturally again.
Long term holders will do fine
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EdenHazard
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June 11, 2018, 10:09:41 AM |
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It's hard to say, I guess every day of a certain day, like Idul Fitri day and Christmas day or new year the cryptocurrency market will multiply a significant decline even though a lot of good news is coming.
Someone will freely make predictions and guess the cause of the current price drop. But a downtrend or a bearish will always happen if most users sell their assets and the impact of others will do the same.
This decline will happen only temporarily, next week bitcoin price will return to the price of $ 7000- $ 8000, that is all my prediction.
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Russlenat
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June 11, 2018, 10:11:24 AM |
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Bitcoin price fall almost 50% this year, I hope that this is enough already and it will start to pump sooner, it is the good time to buy for the investor but for the hodlers it will almost losing of patience  , |
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iqlimasyadiqa
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June 11, 2018, 10:17:37 AM |
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we see this as a correction. so do not ever worry as this will always happen all the time. the decline in bitcoin prices is normal to happen and therefore we must remain optimistic as the development of bitcoin continues to increase. this is just a momentary correction and we should be grateful that this is something we can use well.
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Gromx
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June 11, 2018, 12:17:51 PM |
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Can be$5K and$8K.It is difficult to predict.Technical analysis in the cryptocurrency market almost does not work.The market is not regulated and it is not known what will happen tomorrow.
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nwanne
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The FASTEST and MOST SECURE Token Exchange
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June 11, 2018, 12:27:50 PM |
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Yeah bitcoin is back to 6k again and if the support for 6k fails it could head back to 5k, I don't really know why the bitcoin price is going down. I just wished we could see bitcoin price hit 10k and above so that the bull run will start.
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altercreed
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June 11, 2018, 01:12:11 PM |
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I am not really worried about bitcoin going down because this will be my chance to buy some of it at a very rare and low price. The deeper bitcoin's market value gets, the cheaper it goes and the higher opportunity you can invest more of it. So hold whatever amount of btc and other cryptocurrencies you have until everything is going fine.
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Tokens.nl
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June 11, 2018, 01:14:17 PM |
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Its impossible to make predictions about end of the week/month/year. It's so hard because the factors that affect the market are way beyond our control and knowledge. The crypto world is full of big players and big games and most of us are just bystanders, hoping for the best outcome. Don't stress yourself too much and just focus on being careful and sensible with our investments. Yes, it's always better to be well informed and prepared, but this more or less applies for the long term investments. It's almost impossible or you need a LOT of luck to be successful in the short term trading.
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Striker17
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June 11, 2018, 01:21:39 PM |
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Its normal when Bitcoin price is falling, so if you have Bitcoin just hold it for a while, need patience and time because someday Bitcoin will rise again. And now Bitcoin is falling, i think this is the right time to buy bitcoin, invest in bitcoin, and in the future you will gain too much profit.
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Klausi
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June 11, 2018, 01:32:05 PM |
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Its normal when Bitcoin price is falling, so if you have Bitcoin just hold it for a while, need patience and time because someday Bitcoin will rise again. And now Bitcoin is falling, i think this is the right time to buy bitcoin, invest in bitcoin, and in the future you will gain too much profit.
Yes definitely normal, but i hope it will not last long. Bitcoin's price is always fluctuating, we need to be strong on our beliefs that it will stable at least at $15k. Being in this business for a number of years i can still say that bitcoins price today is still high compared to the price years ago except last year that it has rise up to $20k and we can still do it and even higher this year. |
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zeze18
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June 11, 2018, 01:37:22 PM |
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Hey guys, bitcon is now 6k again... what do you think, will bitcoin go to 5k or it is just a short fall and it is going to be 8k again soon?
Best time to buy. Already in dip price, and right now the price is stable. Just waiting for next bull, i'm sure it will 8k next month. |
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Jas18
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June 11, 2018, 01:42:15 PM |
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Hey guys, bitcon is now 6k again... what do you think, will bitcoin go to 5k or it is just a short fall and it is going to be 8k again soon?
Best time to buy. Already in dip price, and right now the price is stable. Just waiting for next bull, i'm sure it will 8k next month. Yes your right, this is the perfect time to buy for we are now experiencing the bear market which gives us the chance to invest or invite friends to invest. This would really help because i know this year we will also experiencing what happen last year when its price become $20k and its really great. I hope we will have a bull market as soon as possible. |
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Daddyj2
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June 11, 2018, 01:43:19 PM |
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It's very unlikely for BTC to go below $6k as I think the resistance is between 6.3k-6.4k now and the volume also is not increasing. BTC needs to have bigger transaction volume to pick up a good price now.
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oriontab
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June 11, 2018, 01:51:00 PM |
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The crash may have been caused by the Korean exchange hack,creating some FUD as regard security .not likely to fall below 6k..will likely recover sooner than you think
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interna
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June 11, 2018, 01:56:33 PM |
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Hey guys, bitcon is now 6k again... what do you think, will bitcoin go to 5k or it is just a short fall and it is going to be 8k again soon?
It will not go to $5000 in my opinion. As of writing this reply, it has already started to recover. In fact , you can expect huge increase in prices as people try to buy bitcoins at reduced prices now. There are so many alt coins that now share the market with bitcoins. But most important thing to observe here is that all these coins had went down with bitcoins too. |
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tillerthekiller
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June 11, 2018, 01:58:30 PM |
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Even if it does, I'm still bullish on the long term outlook for BTC in general. We needed a reset before we can make another run.
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