Urbex Official (OP)
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October 12, 2018, 09:18:23 PM |
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Wednesday, October 10: the cryptographic markets have had a sharp drop in one hour, Bitcoin (BTC) falling below $ 6300,
It will recover up |
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"In a nutshell, the network works like a distributed
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Zaibraid
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October 12, 2018, 10:02:32 PM |
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From the information I read, the price of Bitcoin dropped below $ 6,300 due to several factors, including:
1. The increase in sales volume among investors with a large value.
2. Hacking several exchanges by hackers in Japan and Korea, which causes chaos in the crypto value.
3. Declining purchase value by investors, as a result of the current world economic crisis.
4. The application of trade tariffs by the United States to Europe and China which caused chaos in the world economy.
Perhaps this is a consideration for many investors to temporarily suspend their investments that make the cryptocurrency market less in transaction volume resulting in a worsening of the price of bitcoin,
Of course, we hope this isn't too long.
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jossiel
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October 12, 2018, 11:03:22 PM |
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Are you asking or that's what you want to say?
Of course it will recover, we've seen it down many times if you'll check its history. We're still up with those times except you bought it with a higher price.
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franky1
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October 12, 2018, 11:09:54 PM |
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5800 11 month strong support
6100 3 month strong support
5800=low tide
6100=high tide
6100-20k = temporary waves above the tide (for those with confidence to surf the waves, have fun)
as for the tide over years (climate change)
2016: above $300
2017: above $900
2018: above $5800
expect the tide to rise slowly and expect there to be waves ontop
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I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER.
Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
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Bloodseekers
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October 12, 2018, 11:13:05 PM |
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Wednesday, October 10: the cryptographic markets have had a sharp drop in one hour, Bitcoin (BTC) falling below $ 6300,
It will recover up It will recover of course, cmon your thread so newbie, bitcoin will recover even bitcoin will make new high record, we only need to wait. This is cryptocurresny not just investment. Change your mind, only interested about bitcoin because the price, you must also learn about the technology so if the price down, you not panic |
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thunderbitz2717
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October 12, 2018, 11:23:00 PM |
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Wednesday, October 10: the cryptographic markets have had a sharp drop in one hour, Bitcoin (BTC) falling below $ 6300,
It will recover up It will always recover mate, only things that we just don't know when will it happen. Though I noticed it also that Bitcoin got dumped its price value again. On this matter I guess, we really need to be patience on holding. Because of the volatility, its hard to trace if its price will increase or decrease. Or it could be sign that Bitcoin are ready to take off now? |
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ResuLT
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October 12, 2018, 11:30:43 PM |
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This gonna make some buyers even more rush and fastly all in their investment to fiat because they no longer keeping trust to the cryptocurrency.
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Maricel2017
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October 12, 2018, 11:50:09 PM |
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I am positive thinker in bitcoin but i feel the value will fell down below 6k dollar because until know the demand in the market are not increasing instead many investors fulling out their bitcoin hold because they are scared that the value will continuous decreasing they do not know by selling their bitcoin it may helps to decrease the demand.
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zwiggel
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October 12, 2018, 11:51:55 PM |
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Yes. Bitcoin prices hit the bottom of $ 6300. This is a fact and we have to accept it. Investors are no longer interested in bitcoin. The electronic money market becomes silent. Price of altcoin also decreased. Hopefully in the future there will be a miracle to change the bitcoin and electronic money. Governments will find ways to boost electronic money back. Bitcoin prices will rise as much as 2017.
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pakhitheboss
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October 13, 2018, 01:01:10 AM |
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Bitcoin price has been a lot stable than it was earlier. For the past two to three months it has been hovering between the range of 6k to 6.8k.
Such falls are good for traders as they can now buy more. You will surely see the price again rise and be stable at the same level. It will remain the same or go up to 9k till end of the year.
There is nothing to panic. So stay calm and HODL.
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entebah
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October 13, 2018, 01:13:05 AM |
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Bitcoin price has been a lot stable than it was earlier. For the past two to three months it has been hovering between the range of 6k to 6.8k.
Such falls are good for traders as they can now buy more. You will surely see the price again rise and be stable at the same level. It will remain the same or go up to 9k till end of the year.
There is nothing to panic. So stay calm and HODL.
Yes, still don't panic in the current situation, because we have long been in the world of Bitcoin. So experience has taught that bitcoin will always recover quickly it is a fact that cannot be denied, if the price goes down there will definitely be buyers who buy bitcoin, so prices will recover and increase. |
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h0lybyte
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October 13, 2018, 01:23:41 AM |
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Wednesday, October 10: the cryptographic markets have had a sharp drop in one hour, Bitcoin (BTC) falling below $ 6300,
It will recover up It is not first time we see bitcoin dropping below $6k, same has happened many times before and will continue happen in future. Ups and downs may have different reasons, sometimes manipulators do it deliberately but you should not sell panic because price will recover soon |
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CryptoDamon
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October 13, 2018, 02:13:40 AM |
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Worry not guys cos we all know that bitcoin will always do recovery. 2 to 3 years from now the value of bitcoin will be doubled or even tripled so just relax and do long term investment. This kinds of dips is just normal when it comes to crypto. Let's just take advantage of this price drop and enjoy our profits in the long run.
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btcluisdiki
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October 13, 2018, 02:31:08 AM |
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Yes, btc had a drastic fall and it's been a long period where btc was not able to surpass the resistance in breaking the $6.5K level and hopefully in the coming weeks it will change the market status of btc. Moreover, btc is undergoing a major adjustment and investors should hold further and just wait for btc to recover soon.
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adpinbr
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October 13, 2018, 02:48:25 AM |
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This is just really painful, the movement is either steady or it will just go down, its been a month now, this is bad news for everyone, but not for the buyers, although I think with the price on the low, everything will be hard, and that is why the price needs to go up, its not looking good for BTC, but I still have my hopes up high.
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pooya87
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October 13, 2018, 02:59:08 AM |
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this is just another altcoin dump period where altcoins set new lows and that causes some drama for bitcoin too but the difference is that bitcoin is not setting any kind of "low" anymore it is still above the support line and staying there strongly while altcoins go lower and lower. for instance ETH entered $1xx range again, BCash to $4xx, Dash to $150,... and this will continue to happen until these altcoins reach their real value at a much lower price.
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mensahkkofie
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November 06, 2018, 09:22:44 AM |
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Yes, btc had a drastic fall and it's been a long period where btc was not able to surpass the resistance in breaking the $6.5K level and hopefully in the coming weeks it will change the market status of btc. Moreover, btc is undergoing a major adjustment and investors should hold further and just wait for btc to recover soon.
I was expecting bitcoin to rise to a greater price in the month of October. But here we are, it is a new month and we can only hope for the best to happen to the world of bitcoin. I remember bitcoin was able to reach 6.7K at some point in time in October. Am highly confident that the price would rise. |
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PlusOne88
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“Tackling Climate Change Using Blockchain”
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November 06, 2018, 10:02:48 AM |
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This is nothing to worry about. So many times that it did happen that bitcoin dropped very low and maybe it is quite alarming to see how you loss the value of your investments. Yet this is a common thing that happen most of the time. Every hour there are movements on bitcoin usage that may have affected such drop but if you look at how bitcoin really have progressed over time, it did stay on the average about 6,000 dollar. So no worries it will eventually go up again in time.
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Red-Apple
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November 06, 2018, 10:25:52 AM |
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Yes, btc had a drastic fall and it's been a long period where btc was not able to surpass the resistance in breaking the $6.5K level and hopefully in the coming weeks it will change the market status of btc. Moreover, btc is undergoing a major adjustment and investors should hold further and just wait for btc to recover soon.
I was expecting bitcoin to rise to a greater price in the month of October. But here we are, it is a new month and we can only hope for the best to happen to the world of bitcoin. I remember bitcoin was able to reach 6.7K at some point in time in October. Am highly confident that the price would rise. nothing has changed! from last month that this topic you just bumped until today the price has been stable above $6k and is holding there in a pretty strong manner. it is not going to suddenly change just because you hope for it. what we will have is more stability until it slowly changes and as the slow rise becomes evident the FOMO buyers will come back. there is no possible way to say how long that can last. it can be 1 week or a couple of months. |
--signature space for rent; sent PM--
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PM.coins
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November 06, 2018, 11:08:12 AM |
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I will say optimistically, that the condition of bitcoin will be fine and recover soon. Stay in positive thinking and don't panic about negative news circulating outside the home. At present bitcoin is still around the price of $ 6400, and I've never seen it fall below the price of $ 6000 for the past few months.
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