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Author Topic: Bitcoin [BTC] Price Falls Amidst Bear Market  (Read 53 times)
nicktalman93
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June 11, 2018, 05:46:08 PM
 #1

"Bitcoin price might have taken a fall, but if we take a look at the long-term price analysis, things aren’t that drastic or unique. The market is just alright as even tweeted by John McAfee."


https://coingape.com/bitcoin-price-falls-amidst-bear-market/
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June 11, 2018, 07:10:38 PM
 #2

It's drastic in the short term of course and it's tough to stay optimistic in these times....but actually we have had ALOT of really good news this year.

The next bull rally could make this last one look tiny.

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First77
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June 11, 2018, 07:37:19 PM
 #3

People who have 1000 Bitcoins etc.. they will sell now if they want to leave as millionaires but the problem is who will buy 1 Bitcoin at $7,000 ?

Bitcoin is going to $2,000
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June 13, 2018, 01:15:40 PM
 #4

"Bitcoin price might have taken a fall, but if we take a look at the long-term price analysis, things aren’t that drastic or unique. The market is just alright as even tweeted by John McAfee."


https://coingape.com/bitcoin-price-falls-amidst-bear-market/
I completely agree with your opinion regarding the valuation of bitcoin. The valuation of bitcoin has never fluctuated to this extent that it will cause any long term effects and moreover the flactuation in the valuation is very common in every investment . Though the valuation of bitcoin has deflated to a great value but not to that extent that it will cause any long term effects, these all are temporary flactuation and the average value of bitcoin is always stable.

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June 13, 2018, 02:16:08 PM
 #5

"..The market is just alright as even tweeted by John McAfee."

The name at the end gave it away, though yes, on the long-term picture we are still doing pretty decent in terms of price. We suffered similar losses back then, and there's a high chance that a rebound is underway within the next few days/weeks. If the pressure proved its strength and pushed us way lower than $6k, chances are it could slip past $5k and settle at $4k levels which, I hope doesn't happen. The bears are obviously in control right now, though I wouldn't give up the fact that we've been here before and this, possibly is another shakeout.

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June 13, 2018, 02:18:12 PM
 #6

2016: never dropped below $300
2017: never dropped below $900
2018: never dropped below $6000

what more needs to be said

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June 13, 2018, 02:47:27 PM
 #7

Bears roll bitcoin to an indecent price. Bulls should give a decent answer and return the price of bitcoin to 10, 000 dollars.

I believe that in June we will be able to do this and the market of crypto currency will come to life again

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June 13, 2018, 02:48:16 PM
 #8

People who have 1000 Bitcoins etc.. they will sell now if they want to leave as millionaires but the problem is who will buy 1 Bitcoin at $7,000 ?

Bitcoin is going to $2,000
Grin dream is not bad.  $2000 can you give the reasons for the btc touching the this much low level.  I assume you are small investor like me and please keep in mind that the market can not be driven by the small small investors like us.  There are big whales who drive it.  And why they will just leave it selling their entire stocks.  They are here and earned a lot in the past; and they will never like to leave this platform where they made gold from their steal.  

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June 13, 2018, 02:54:55 PM
 #9

The times bitcoin died are countless. This is the market growing up and will occur much more in the future.
Sure btc will survive this again. 

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June 13, 2018, 02:59:42 PM
 #10

"Bitcoin price might have taken a fall, but if we take a look at the long-term price analysis, things aren’t that drastic or unique. The market is just alright as even tweeted by John McAfee."


https://coingape.com/bitcoin-price-falls-amidst-bear-market/

Yea i quiet agree with you the market is just alright, it didn't drop more than expected and besides its just for this period. Bitcoin will most definitely rise any time soon, there is a drop in price simply because the demand is not high at the moment, but towards the festive season, it will sure rise.
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June 13, 2018, 04:17:41 PM
 #11

strongly agree with what John McAfee tweeted, although the market is down but for me bitcoin prices are still expected to be stable and may peak until the end of the year.
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June 13, 2018, 04:20:29 PM
 #12

It's drastic in the short term of course and it's tough to stay optimistic in these times....but actually we have had ALOT of really good news this year.

The next bull rally could make this last one look tiny.

People who have 1000 Bitcoins etc.. they will sell now if they want to leave as millionaires but the problem is who will buy 1 Bitcoin at $7,000 ?

Bitcoin is going to $2,000

What do these two posts have in common? A lack of reasoned debate and evidence to justify their claims.
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June 13, 2018, 06:11:14 PM
 #13

Good article, is that mean bitcoin will recover again in less than 30 days?
Actually, some users are wonted with the drastic price reduction of bitcoin, instead, they make the opportunity to buy at a cheap price and sell back when the price back up. This is what cryptocurrency users should do to bring some people who do not have a better understanding of cryptocurrency, so if this happens again they will stay silent and invest in cryptocurrency.

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