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mriansa
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September 06, 2018, 04:47:15 PM |
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I think the condition of the bitcoin price movement scenario is very clear, it will only give up and down movements and the condition of price increases will usually occur if there is good news.
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Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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ocid
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September 07, 2018, 09:16:03 AM |
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The worst case for Bitcoin is probably the rapid development of other coins, Bitcoin cannot keep up, so bitcoin prices cannot increase but continually decrease.
Even though there is rapid development with the Bitcoin, there is less possibility for other coins to have a community like Bitcoin. Bitcoin is always the dominant currency because the majority of the investors still have high hopes of Bitcoin compared to others because other coins price is dropping very hugely. yes, obviously bitcoin has been widely trusted by investors in this field, even though there are always new types of coins popping up if coins cannot be converted to bitcoin, newly launched coins will not be worth even their growth will not last long. |
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websoftwareengineer
Full Member
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Activity: 364
Merit: 100
Blockchain with VTOS energy
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September 07, 2018, 03:15:19 PM |
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This is a known fact if the price goes up it will surely go down. What happens if the price of Bitcoin falls to $1000 in 2018, will this be considered as a Worst Case Scenario or something else?
the worst case scenario for bitcoins is when the government is banning cryptocurrency on its country, in this way people will not be able to invest and bitcoins might die in the future. |
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gabmen
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September 07, 2018, 05:51:20 PM |
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This is a known fact if the price goes up it will surely go down. What happens if the price of Bitcoin falls to $1000 in 2018, will this be considered as a Worst Case Scenario or something else?
the worst case scenario for bitcoins is when the government is banning cryptocurrency on its country, in this way people will not be able to invest and bitcoins might die in the future. Yeah that's even worse than whales dumping to 1k, since we can still expect a good comeback. Illegalization of crypto may very well put an end to this market and to all our crypto dreams. |
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okala
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September 07, 2018, 06:35:40 PM |
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I think the condition of the bitcoin price movement scenario is very clear, it will only give up and down movements and the condition of price increases will usually occur if there is good news.
That is my thoughts too. Bitcoin is going to increase in price if we have good news and reducing in pricing if there are bad news. I have been following this market and that is what always play out. The current situation of bearish market is because of those ban and rejection bitcoin was having around January and February this year. |
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Bakemat
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September 07, 2018, 09:23:47 PM |
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This is a known fact if the price goes up it will surely go down. What happens if the price of Bitcoin falls to $1000 in 2018, will this be considered as a Worst Case Scenario or something else?
In my own opinion, the worst case scenario of cryptocurrency when the price starts to dump, most of the people are panicking and they are selling their coins at its lowest price so cryptocurrency will dump even more. |
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bitcoinrays
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September 12, 2018, 06:16:28 AM |
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I think the condition of the bitcoin price movement scenario is very clear, it will only give up and down movements and the condition of price increases will usually occur if there is good news.
I personally do not like the bear market of Bitcoin when it takes too long to switch into bull market, however I find it easy to use less money in order to buy coins in large quantity and other also want this. I hope that users should avoid selling for small profit in bear market so that the after buying more and holding your coins we will have a bull market in the upcoming days. |
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arikassuja
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September 12, 2018, 08:46:24 AM |
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the worst scenario is that bitcoin is probably the price of bitcoin is falling to the base price and maybe bitcoin has no more requests and made a lot of people who suffered a lot of losses were the most severe.
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jeniferqueen0409
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September 12, 2018, 09:28:11 AM |
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The worst bitcoin value is zero. Bitcoin can return $1000 and that is not the worst, people will cut losses if they can't tolerate. When that happens, many new investors will appear and the market will still function normally.
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airdrophunter
Full Member
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Activity: 434
Merit: 100
The Exchange for EOS Community
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September 12, 2018, 12:03:45 PM |
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For me, those scammers who are using bitcoin as tool for deceiving people is what the worst case scenario for bitcoin for me. It is one of the reasons why people who don't have enough knowledge about bitcoin to hate it and will think that bitcoin is really a scam type of asset.
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