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Author Topic: The bottom is near...  (Read 2287 times)
bavicrypto
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September 09, 2018, 05:54:33 AM
 #21

BTC at 6000
ETH at 200
LTC at 50

looks like the bottom is close people....

what do you'll think?

It’s definitely difficult to call the bottom but those prices seem like a massive sale compared to the end of 2017. On the other side it could halve again. I personally think that in the long term you’re not taking a bad deal if you dollar cost average at these price levels. Definitely seems like we’re about to move lower once again. Only Time will tell Cheesy

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September 09, 2018, 06:15:51 AM
 #22

We all have to reconsider our idea of the bottom for cryptocurrencies, as all currencies (even the top ones like bitcoin and Ethereum) keep dropping at an alarming rate.
ETH now stands at $191, and still dropping.
I believe there would be a rebound soon, and currencies would thrive again.
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September 09, 2018, 06:49:11 AM
 #23

I think bottom is near/here for Bitcoin. It will not go much further down, possibly to 5700-5500, but not more.  Ether can go much further down.... Shocked

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September 09, 2018, 07:03:31 AM
 #24

everyone here is now speculating that the bottom is near, but since a few months ago the crypto market was unpredictable, the price movement was chaotic, whether or not the current people's speculation would be right or not, hopefully it was true even though I was a little hesitant



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September 09, 2018, 07:20:32 AM
 #25

Well I don't see those levels as the real bottom because there maybe further decline as many will sell cheap for just out of panic which will contribute to further decline in the market value of Bitcoin and other altcoins within this period.


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randythered
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September 09, 2018, 07:59:50 AM
 #26

I think BTC found its bottom a while ago in the 6000 region but we've needed to continue in this bearish momentum in order for alt-coins to also fall and find their bottom values. ETH will not fall below $100 in my opinion, $150 seems about right and we are nearing that with each passing day. Maybe by October we'll have shaken off the last of the weak hands.

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September 09, 2018, 08:29:30 AM
 #27

That's quite true, and we might well hit the bottom, and that could launch us into the bull run.
friends1980
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September 09, 2018, 09:38:20 AM
 #28

Well I don't see those levels as the real bottom because there maybe further decline as many will sell cheap for just out of panic which will contribute to further decline in the market value of Bitcoin and other altcoins within this period.

I am seriously looking for a solid explanation for the uncertainties of the last three-four months. In the beginning (January, February 2018) it was clearly provoked by government interventions (China, Korea, USA) but now it seems people are not surprised about those anymore. Look at how prices went up two weeks ago, even though the SEC had released a negative report.

Do you think the current decline is still provoked by panic sellers? Or rather, bored-out sellers who are tired of these on-going fluctuations, let's say indeed "weak hands".

Even so, there is no guarantee at all that prices will go up again, even when the (estimated) bottom has been reached. I suppose even weak hands are not so stupid to sell at 6000 and jump back in at 7000? And even of they were so stupid, I would be very careful to put trust in a value built on weak hands' stupidity.  Roll Eyes

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September 09, 2018, 09:54:52 AM
 #29

I think so too. Bitcoin has already tested this levels several times and then he does not break through. Bears are tired. The conquest of new peaks will be - I am sure of it! The only question is when. We are waiting for the next drivers to push the market.

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Abu Shadow
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September 09, 2018, 10:41:55 AM
 #30

BTC at 6000
ETH at 200
LTC at 50

looks like the bottom is close people....

what do you'll think?
It seems that ETH will go lower than $200 which could be a $150 bottom until we see a bullish market.
ETH is falling while bitcoin is stabilizing at $6200 to $6500 range.

Aikidoka
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September 09, 2018, 11:04:51 AM
 #31

And what makes you sure the bottom is close? Being at $6k is still far from being at the bottom. Bitcoin is still over the surface because the current price is still expensive. I do not think bitcoin price will go below $6k. What I believe in is that bitcoin has a small pump then it went back to its current state. And that indicates the good news that bitcoin experienced. But I still do not know why the price has dumped. Let us hope for the better instead of being pessimistic about it.


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September 09, 2018, 11:18:01 AM
 #32

Great time to buy up some cheap altcoins. Ignore the noise from Goldman and the all the others trolls looking to benefit from short term losses.

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September 09, 2018, 11:36:40 AM
 #33

BTC at 6000
ETH at 200
LTC at 50

looks like the bottom is close people....

what do you'll think?

It has been widely predicted that there will be another bear cycle and this is it, most likely and hopefully the last one before the bull run begins. This can only mean that the last chance to accumulate cheap coins is now, otherwise it will be to late and people here will be filled with regret. Buy up everyone and get rich!

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September 09, 2018, 12:11:19 PM
 #34

I am seeing a minor upward movement and for what I observed, LTC and ETH already reached the bottom you predicted on some exchanges. It may go lower once BTC went down to $6000 since this price stands as its major support. The bears are having hard time to break below $6000 for bitcoin since there are always high demand on that position. I smell a pump starting today and this incoming 3 to 5 days.
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September 09, 2018, 12:16:32 PM
 #35

We are all hoping so the market will reach its bottom so we can relax and watch go up again. It has been very difficult to see all the altcoins going down, everything is worth nothing, we are so done with waiting. Let it fall now and then we are done with this. Looking forward to seeing 2019. and 2020. and Bitcoin going over 30 K.....just wait and see....

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September 09, 2018, 12:17:55 PM
 #36

This is the bottom line of the electronic money market, many investors panicked and sold off the amount of coin they held. And that is the choice not wise because the electronic money is always a basket containing a lot of money investors.

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September 09, 2018, 12:23:36 PM
 #37

BTC at 6000
ETH at 200
LTC at 50

looks like the bottom is close people....

what do you'll think?

It’s definitely difficult to call the bottom but those prices seem like a massive sale compared to the end of 2017. On the other side it could halve again. I personally think that in the long term you’re not taking a bad deal if you dollar cost average at these price levels. Definitely seems like we’re about to move lower once again. Only Time will tell Cheesy

I am also in the favour of dollar cost averaging, so you reduce the risk of getting into a market at the wrong time. I doubt that prices will halve again but no one really knows...though even if it does, the upside is much greater and the risk-reward ration is very good right now.

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September 09, 2018, 12:34:33 PM
 #38

Yes, this year, some coins showed a record decline in their prices. No one knows what to expect from them. So it is possible that they will go even lower. And then growth.

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September 09, 2018, 12:42:58 PM
 #39

The bottom is not near i think it is so rare, why prices is still unstable the prices are still dropping but i am hopping that before this year ends all ate back to normal so we all can celebrate..
spartanrules
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September 09, 2018, 01:23:10 PM
 #40

BTC at 6000
ETH at 200
LTC at 50

looks like the bottom is close people....

what do you'll think?
Don't believe to it. This is not bottom, this is just short term pause of global downtrend. Furthermore Bitcoin will fall under $2000, Ethereum below than $ 70, Litecoin $ 20, only after that it happens the bottom will be gotten.

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