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Author Topic: Bitcoin hits lowest in 2018  (Read 998 times)
Wickedwitch28
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June 27, 2018, 08:18:55 AM
 #21

The current cryptocurrency market condition is not stableand we cannot stop it. All coins are in decreasing stage as well as what bitcoin is now facing off. We need good news in this market so all people are hodling bitcoin don't lose hope. It will recover soon. Judt be patient.

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redcandy
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June 27, 2018, 08:20:14 AM
 #22

Yeah, I saw that information. but I hope it will return to its original price! Although there are still a lot of viewers who believe that Bitcoin will bounce back.
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June 27, 2018, 08:21:15 AM
 #23

Nothing to worry about ... it's the yearly retracement
jpnl0006
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June 27, 2018, 08:22:29 AM
 #24

you know using the word crash about bitcoin, to me is not really an ideal on, because the word 'crash' connotes a dead thing that can not be revived or reconstructed but in this case it is not because it powers back up with respect to time. just give it time. thanks
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June 27, 2018, 08:22:38 AM
 #25

 A lot of uncertainty in the market these days, everywhere is just glowing like hot coal. Does that mean the end has come for bitcoin and other cryptocurrencies? The truth is, the answer to that is NO. The market will surely bounce back. Let those who have the money try and accumulate as much as they can now because this opportunity may never surface again.
cryptogeek101
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June 27, 2018, 08:30:03 AM
 #26

Bitcoin hits lowest in 2018; falls below $6,000: Here’s what you should know
Bitcoin crashed to a low of $5,787 on Sunday afternoon, mildly recovering to $6,131 on Monday morning.

Bitcoin crashed to a low of ,787 on Sunday afternoon.
Post-October last year, Bitcoin rallied in a way that shocked the world. From the modest $4,000 price, Bitcoin surged past $19,000 in just two months. But soon, the fall began and now the most popular cryptocurrency has fallen to below $6,000, lowest in 2018. Bitcoin crashed to a low of $5,787 on Sunday afternoon, mildly recovering to $6,131 on Monday morning. There could be many reasons for the fall in Bitcoin — tax selloffs, higher regulations or ban in many countries, multiple hackings et all.

All that apart, the Federal Reserve of San Fransico last month said that the Bitcoin crash could be attributed to Bitcoin Futures. “The rapid run-up and subsequent fall in the price after the introduction of futures does not appear to be a coincidence,” the report ‘How Futures Trading Changed Bitcoin Prices’ said.
Founded by an unknown person or a group of persons Satoshi Nakamoto in 2009, Bitcoin remained within $4000 until mid-2017, when it increased exponentially for about 10 months. “This explosive growth ended on December 17, 2017, when bitcoin reached its peak price of $19,511. Notably, these dynamics aren’t driven by overall market fluctuations,” the report said.
However, crypto traders have not abandoned the idea yet. “This is not the funeral for bitcoin whatsoever,” Brian Kelly, founder and CEO of BKCM LLC, an investment firm focused on digital currencies told CNBC. He added that as compared to last year’s price of $2, 500, Bitcoin is still at a higher level.

Bitcoin is a type of cryptocurrency, a digital currency which uses encryption techniques to regulate the generation of units of currency and verify the transfer of funds. It is like the money, with no physical presence but a series of codes. Bitcoin is traded on exchanges using the blockchain technology. The blockchain is a digital and public ledger through which transactions made in digital currencies are recorded chronologically and publicly.



Thanks for this great and amazing information about the price movement of Bitcoin, however these movements have historical significance in the cryptocurrency market space and may likely repeat. Let us believe that bitcoin will recover and move back to its peak.

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franantp
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June 27, 2018, 08:32:52 AM
 #27

as it is told that bitcoin is still at a higher level, so there is no need to worry again because it is only temporary and will raise again even though many negative issues that will drop the bitcoin in particular are not driven by overall market fluctuations.
mmo4me.2016
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June 27, 2018, 08:46:13 AM
 #28

Bitcoin can fall deeper in time in the future!
Investing or continuing to wait is your right choice!
Being cautious and investing the money you can lose will be safe for you!
tng811
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June 27, 2018, 09:00:02 AM
 #29

as it is told that bitcoin is still at a higher level, so there is no need to worry again because it is only temporary and will raise again even though many negative issues that will drop the bitcoin in particular are not driven by overall market fluctuations.

Totally true. The crypto market is squeezing and get rid of all weak players. Even we have good news now, I doubt the market will rise again until it reach its bottom target for the big players to buy back in. It is just a game and we need to wait patiently for the end of this bear run.

bagikoin
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June 27, 2018, 09:03:28 AM
 #30

no need to worry about this. decline and rise are already common in the bitcoin. even more severe than that also. think of this as a correction to the price and other crypto bitcoin will be higher again later. Maybe for the next few months, this will produce an increase in corrections were great.

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HungryTigerGrouchyCrotch
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June 27, 2018, 09:06:40 AM
 #31

Yes, it raised by more than 14.000 $ in 2 months, but I've read something about exchange manipulations, do you think it's fakt news? It's possible that this was the reason, why it grew so fast..
But I think this too anyway, that BTC fall to the ground in 2018, maybe it reached already.

diguyo
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June 27, 2018, 09:08:10 AM
 #32

I don't think there's any immediate need to worry, but I do think this is taking longer than expected and that there's a lot of resistance to growth at the moment. The buzz and excitement has been lost, and there's not much new money or media coverage advocating it. I think we need to see some real-world uses that'll promote further interest. The big worry now is that while we're ok to HODL, a lot of the potential investors or interested parties  towards the end of last year have now seen this fall and have been dissuaded from getting involved.

btccrusher
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June 27, 2018, 09:13:14 AM
 #33

Take the issue positively, think that more people will be able to buy Bitcoin at a lower price, so the price will actually be bullish soon. Stay come and buy more btc, hodl at least till December.
blockchain-man
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June 27, 2018, 09:17:02 AM
 #34

BTC set the lowest level in 2018. This is also the market for cryptanalysts. But the trend of encoding financial industry is growing. Therefore, the market will stabilize and rise again. BTC will return to the highest value in the market with strong community and market.
ivanleon
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June 27, 2018, 09:17:39 AM
 #35

Of course, it can be quite bad. No one can say for sure. Of course, there are forecasts of the Bitcoin exchange rate by the end of the year in 35-50 thousand dollars.I think that this period of correction will last a long time.
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June 27, 2018, 10:20:17 AM
 #36

Of course its on lowest price to this year and its not 1st time bitcoin has touched its lowest price if you see chart for past year's you will realize that whenever bitcoin thouch its lower after that it has picked up its price much high then before.
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June 27, 2018, 02:20:20 PM
 #37

Its true in recent time bitcoin price is not too much high because many countries banned bitcoi. It is a reason. Another reason is peoples are afraid to invest on bitcoin because of government restriction. But i believe in recent time price will increase.
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June 27, 2018, 04:18:16 PM
 #38

Its true that bitcoin's price is hitting low but we have to bare it for few months.After that the price will rise again and we will be profitted. Now all we have to do is to be patient which is the main key.
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June 28, 2018, 12:17:42 AM
 #39

Yes, you are right. But then again, cryptocurrency market is always unstable. We hope that, by the end of this year, it will again reverse back to its previous position.
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June 30, 2018, 10:50:47 AM
 #40

Bitcoin hits lowest in 2018; falls below $6,000: Here’s what you should know
Bitcoin crashed to a low of $5,787 on Sunday afternoon, mildly recovering to $6,131 on Monday morning.

Bitcoin crashed to a low of ,787 on Sunday afternoon.
Post-October last year, Bitcoin rallied in a way that shocked the world. From the modest $4,000 price, Bitcoin surged past $19,000 in just two months. But soon, the fall began and now the most popular cryptocurrency has fallen to below $6,000, lowest in 2018. Bitcoin crashed to a low of $5,787 on Sunday afternoon, mildly recovering to $6,131 on Monday morning. There could be many reasons for the fall in Bitcoin — tax selloffs, higher regulations or ban in many countries, multiple hackings et all.

All that apart, the Federal Reserve of San Fransico last month said that the Bitcoin crash could be attributed to Bitcoin Futures. “The rapid run-up and subsequent fall in the price after the introduction of futures does not appear to be a coincidence,” the report ‘How Futures Trading Changed Bitcoin Prices’ said.
Founded by an unknown person or a group of persons Satoshi Nakamoto in 2009, Bitcoin remained within $4000 until mid-2017, when it increased exponentially for about 10 months. “This explosive growth ended on December 17, 2017, when bitcoin reached its peak price of $19,511. Notably, these dynamics aren’t driven by overall market fluctuations,” the report said.
However, crypto traders have not abandoned the idea yet. “This is not the funeral for bitcoin whatsoever,” Brian Kelly, founder and CEO of BKCM LLC, an investment firm focused on digital currencies told CNBC. He added that as compared to last year’s price of $2, 500, Bitcoin is still at a higher level.

Bitcoin is a type of cryptocurrency, a digital currency which uses encryption techniques to regulate the generation of units of currency and verify the transfer of funds. It is like the money, with no physical presence but a series of codes. Bitcoin is traded on exchanges using the blockchain technology. The blockchain is a digital and public ledger through which transactions made in digital currencies are recorded chronologically and publicly.


Volatility is the part of crypto market. Someday crypto currencies reach all time new high and someday reach lowest point of the year. There is nothing surprising in that. Crypto currencies being on decentralized platform has higher price fluctuations that any other assets as they are not backed up by any institutional or banking money to stabilize its price. There is nothing to worry because the bearish trend will soon end and bitcoin will again reach new heights.
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