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carlisle1
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March 19, 2020, 02:19:49 PM |
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According to the sources
Due to Shut down of banks in many countries , bitcoins search result on Google reaches an all time high.
If Fiat stops working people will ofcourse look for alternatives. You cannot just go to any shop and ask them the price if bread in per kg of gold.
Bitcoins and other cryptocurrencies are more reasonable.
During the economic crisis people are highly dependent on them honestly.
Won't hurt the government to give it some credit.
seems like the effect is obvious now mate?look at the market movement now it is growing and all are in Green lights. is this the sign of recovery?or another Whale trap? there are some currencies that even high with more than 10% so i guess this is something to look at because were near Friday again in which the dead point of market as what many says. |
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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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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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XCANA
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March 19, 2020, 02:29:18 PM |
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Holders will be those who will benefits from this coronavirus pandemic. Most investors who sold off their portfolios will regret their actions once the market stabilize, things like this will only affect those who aren't conversant with the way the digital currency work, the manipulations that are involved in the market. Store that Bitcoin in your confers means your strength whenever the price of the digital currency increase. Am holding my stash because I believed in the world of digital currency and not that of fiats.
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Furious 7
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March 19, 2020, 02:42:07 PM |
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seems like the effect is obvious now mate?look at the market movement now it is growing and all are in Green lights.
is this the sign of recovery?or another Whale trap?
there are some currencies that even high with more than 10% so i guess this is something to look at because were near Friday again in which the dead point of market as what many says.
As iny early growth is good even I do not think that this is a whale trap for manipulation again, which is clear I have been holding bitcoin in the basket for a long time maybe until the corona virus condition disappears. This is a good recovery. Let's see in the next few days whether it will continue to increase or decrease again. |
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thesmallgod
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March 19, 2020, 03:03:29 PM |
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Well, this could benefit anyone who is interested in investing for a long time. The price is moderately low now. Not even the bitcoin alone but also many other top cryptocurrencies. There is no way the price will not recover and if this eventually comes, we might be looking to making at least 40% interest if bitcoin is purchase now. For someone like me, I have no option than to keep my crypto safe in my wallet and hope for a greener day.
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princesspoppy
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March 19, 2020, 04:15:32 PM |
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Yes, the current market is just temporary because of the effect of this COVID19 virus. As soon as this virus stops and people are treated, everything will be back to normal, just the earlier price of bitcoin this year. Hope everything will soon recover and this virus will stop from spreading. Let's just keep believing and praying and keep on hodling for our future.
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Gladiator25
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March 20, 2020, 02:37:33 AM |
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At this moment,bitcoin and all other crypto currencies had a huge collapse due to the corona virus affect. This COVID-19 had a great impact on the market. But at this moment it is a great opportunity to earn and store your bitcoin because after several months the crypto market will rise again and with the increase of Bitcoin market price,your stored crypto will be increased and you will have a huge amount of profit. Besides that,we all should pray for the current situation of the world and hope it will be over soon.
That's the best way to do for now in the midst of crisis. Since almost all the country in the world declares a lockdown. We just need to wait until this corona virus disappears. When that time comes, I think all of us can store more bitcoin in our wallets. As for now, Let us pray that when it disappears the value of the coins in the market will back to its normal state. |
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longtkhd
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March 20, 2020, 09:56:08 AM |
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Good advice, but the value of bitcoin does not change, it only changes the price, the fact that we hold them at the present time is correct if you are intending to sell them, the market price will become coming back soon.
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meanwords
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March 20, 2020, 10:14:47 AM |
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The crypto markets will rise again after several months says who? Your crystal ball?
He's not wrong though, the market did rise today, though not the original price 1 month ago. The price is now currently at $6,700 as of writing this. Though we can't really predict the future, all we could do is speculate and invest what we can afford to lose. Just like he said, holding is one of the best strategy right now (at least for me) because it's not like Bitcoin isn't growing. Bitcoin is bit by bit growing with adoption and with that, the users, and the price correlates with it. Dumps are just temporary, we've already seen Bitcoin rose many times whenever a dump happen. |
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Yatsan
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March 20, 2020, 02:28:00 PM |
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The crypto markets will rise again after several months says who? Your crystal ball?
He's not wrong though, the market did rise today, though not the original price 1 month ago. The price is now currently at $6,700 as of writing this. Though we can't really predict the future, all we could do is speculate and invest what we can afford to lose. Just like he said, holding is one of the best strategy right now (at least for me) because it's not like Bitcoin isn't growing. Bitcoin is bit by bit growing with adoption and with that, the users, and the price correlates with it. Dumps are just temporary, we've already seen Bitcoin rose many times whenever a dump happen. If there's a sudden dump then, I will expect a pump after it. and vice-versa if there's a sudden pump I am sure that after that there will be a dump. The dumping of the price last few days is very fast it's just a matter of seconds and we reach the 3600$ price and after that it bounce back to 5400$ and now we are at 6700$. It's easy to predict the market if something just like that happen. The crypto markets will rise again after several months says who? Your crystal ball?
All of the prediction comes from crystal ball LOL, It's not going to be a prediction if it is a sure thing.  You don't need to be hard on this newbie. |
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Assface16678
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March 20, 2020, 02:41:00 PM |
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Yes, the current market is just temporary because of the effect of this COVID19 virus. As soon as this virus stops and people are treated, everything will be back to normal, just the earlier price of bitcoin this year. Hope everything will soon recover and this virus will stop from spreading. Let's just keep believing and praying and keep on hodling for our future.
The world of cryptocurrency especially the bitcoin makes a huge impact to the economy and this is because of the virus spreading right now and most of the people withdraw their funds just to spend and use to the things they need just to survive and some of them are just holding their coins because they are afraid to lose it the same time because of the decreasing of the market price still it is a good opportunity to the people who would like to make an investment at the early time because they can now make it easy to make a profit because by just following the simple investment of buy low and sell high they can now make a lot of market income still we are looking forward to getting a lot of profit . |
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PANK21
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March 22, 2020, 09:51:06 AM |
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At this moment,bitcoin and all other crypto currencies had a huge collapse due to the corona virus affect. This COVID-19 had a great impact on the market. But at this moment it is a great opportunity to earn and store your bitcoin because after several months the crypto market will rise again and with the increase of Bitcoin market price,your stored crypto will be increased and you will have a huge amount of profit. Besides that,we all should pray for the current situation of the world and hope it will be over soon.
I agree with you. Although the corona virus also affect the cryptocurrency world, we must not stop storing or what we call HODL for bitcoin. Bitcoin price is collapsing and i think this is the right time to buy and store bitcoin. Perhaps next month or so the virus has stopped and before you know it, the bitcoin price is pumping again! |
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sonofliberty
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March 22, 2020, 09:52:41 AM |
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do you mean some crypto wallet or what  |
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verita1
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March 22, 2020, 10:03:05 AM |
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Of course, HOLD BTCitcoin is the best option if we have the possibility. We can also buy more because difficult times are coming and we must be prepared. There is a long way to go to recover the economy. Bitcoin has a good chance to gain more users despite the pandemic, the crypto community does not stop.
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xiboothrezi
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March 22, 2020, 10:24:03 AM |
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But at this moment it is a great opportunity to earn and store your bitcoin because after several months the crypto market will rise again and with the increase of Bitcoin market price,your stored crypto will be increased and you will have a huge amount of profit.
There is no guarantee that prices will go up, still pay attention to the investment strategy you use, don't ignore the analysis, the crypto market is not magic, especially in the midst of this turmoil, market movements are extreme and quite difficult to predict. But for the long term, this is quite effective, even though we are limited to the speculation zone. Always use the principle of never investing money that you can't afford to lose. |
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Akiko
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March 22, 2020, 01:55:15 PM |
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Of course, HOLD BTCitcoin is the best option if we have the possibility. We can also buy more because difficult times are coming and we must be prepared. There is a long way to go to recover the economy. Bitcoin has a good chance to gain more users despite the pandemic, the crypto community does not stop.
as you said difficult time will come, and there is also chances that you will also be affected of those of those difficult time . You can only buy btc if you have money stocks that can be use incase worste happen. Of course, HOLD BTCitcoin is the best option if we have the possibility. We can also buy more because difficult times are coming and we must be prepared. There is a long way to go to recover the economy. Bitcoin has a good chance to gain more users despite the pandemic, the crypto community does not stop.
Holding btc is one of the best option as long as you will not need it , but if times comes that you accidentally needed it therw is no way you can hold it that long. |
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Peanutswar
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March 22, 2020, 04:33:37 PM |
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The crypto markets will rise again after several months says who? Your crystal ball?
No one knows and all the predictions about the rising price of bitcoin or the rising of the crypto market are just a theory that has a low chance that will come true. Even there's is no Covid19 we all aware of the situation of the crypto market which no one can predict on what will be the next movement of it. Because of this Covid19, it devastated the different markets and, we are not sure about after this pandemic the price of every cryptocurrency on the market will start to recover. I'm aware the big dump on the market in the past few days already effect many holders (most of them is now have big losses) and if we going to defeat the virus that we face right now, is there a chance that the market will lift? or it will remain in that kind of situation. Then, I guess at this point all of us are now storing our cryptocurrency or simply we will hold it until the price recovers and gonna sell it out on the best time. The market is too volatile and we cannot tell when is the time it comes up and down but from the previous weeks there is unexpected thing happen and this is the virus outbreak this time it really hits the stock market and the cryptocurrency market and some of the people already see this coming and they made now a decision to pull out their investment and assets and some of the people does not have any time to do that because they already make an investment when the market is too high and the only thing they can do is to hold their coins also it is a good decision because instead of losing their money because of the volatile market it is better to hold our coins because the halving is coming too. |
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coolcoinz
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March 22, 2020, 05:09:23 PM |
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Holders will be those who will benefits from this coronavirus pandemic. Most investors who sold off their portfolios will regret their actions once the market stabilize, things like this will only affect those who aren't conversant with the way the digital currency work, the manipulations that are involved in the market. Store that Bitcoin in your confers means your strength whenever the price of the digital currency increase. Am holding my stash because I believed in the world of digital currency and not that of fiats.
Most of those who sold were bots and leveraged traders. You could see it on the charts because the majority of the collapse took less than an hour. Who has the ability to be online at the exact time when it crashes and ready to hit the sell button, when most of the candle forms in 10 minutes and then it's all over? Daytraders, bots, stop losses... Investors, meaning people who hold coins in their hardware wallets, have no chance to catch this. I'm in that group and I accept my fate. |
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jumail
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March 22, 2020, 09:09:12 PM |
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Bitcoin down right now is not first time I see because I ever get moment where bitcoin dump extremely more than several time, when China banned bitcoin price down and could back stronger higher price, I think corona virus never killed bitcoin down and always have chance going back again to higher price with investor support.
You are right. The crypto market is very volatile, news and rumors have a profound influence on the fundamentals. In investment and trading, the mentality is needed to face extreme market changes. Strategy and analysis become a strong basis for making decisions, do not panic let alone FOMO. In general, when prices go down it has good potential to fill bags, but please also note that there is no guarantee that the market will recover soon, it takes time, so understand the situation. |
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Cryptoreflector_666
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March 22, 2020, 09:44:20 PM |
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At this moment,bitcoin and all other crypto currencies had a huge collapse due to the corona virus affect. This COVID-19 had a great impact on the market. But at this moment it is a great opportunity to earn and store your bitcoin because after several months the crypto market will rise again and with the increase of Bitcoin market price,your stored crypto will be increased and you will have a huge amount of profit. Besides that,we all should pray for the current situation of the world and hope it will be over soon.
Bitcoin in the situation with coronavirus behaves the same as all world official currencies - a crisis is a crisis. Of course, we are expected to rise after all that collapse, but I am sure that this will happen in about six months - not earlier. |
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BuNga_cute
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March 22, 2020, 10:13:35 PM |
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I strongly agree with the opinion that for now it is better to save the bitcoin we have and if we have more money we can
buy bitcoin again. Because the price of bitcoin is now cheap, and unstable market conditions are very dangerous for us
do trading. But usually these conditions do not last long, hopefully in the near future the price of bitcoin can go up again.
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