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Author Topic: Tough Times Ahead  (Read 826 times)
Sedora
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January 17, 2015, 05:21:23 PM
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Back in late April 2014 when bitcoin went from $400-600 I bought in heavily at $447 per bitcoin thinking that it would go back up to $1000 ever since then I have been watching the price closely and researching. The idea was to hold out until it goes back up but after going through alot of forecasts and expectations of bitcoin its starting to worry me. this is some of the things I found. Let me know what you think.


https://www.tradingview.com/v/S4cafKjf/


http://www.businessinsider.com.au/bitcoin-crash-drug-dealers-2015-1

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Madness
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January 17, 2015, 08:11:58 PM
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Back in late April 2014 when bitcoin went from $400-600 I bought in heavily at $447 per bitcoin thinking that it would go back up to $1000 ever since then I have been watching the price closely and researching. The idea was to hold out until it goes back up but after going through alot of forecasts and expectations of bitcoin its starting to worry me. this is some of the things I found. Let me know what you think.


https://www.tradingview.com/v/S4cafKjf/


http://www.businessinsider.com.au/bitcoin-crash-drug-dealers-2015-1



Nothing should worry you mate , that's how it is the price is basically based on Markets manipulations (exchanges websites) but that dosen't affect a lot of the price , also on Supply & demand .
what you need to know is that the next halving block reward is going to happen in 2016 Q4 or something which means it will give 12.5 BTC instead of 25 BTC so ... Less BTC + demand => more value . I can't tell how it's gonna be in the next months tho . if you see it 180$ or lower just take your cash and start buying Wink

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January 17, 2015, 08:21:02 PM
 #3

Back in late April 2014 when bitcoin went from $400-600 I bought in heavily at $447 per bitcoin thinking that it would go back up to $1000 ever since then I have been watching the price closely and researching. The idea was to hold out until it goes back up but after going through alot of forecasts and expectations of bitcoin its starting to worry me. this is some of the things I found. Let me know what you think.


https://www.tradingview.com/v/S4cafKjf/


http://www.businessinsider.com.au/bitcoin-crash-drug-dealers-2015-1



You're not the only one who's worrying right now. There are many people like you who bought in when the prices are in that range, hoping that it will soon jump back by 2015. Tough times, indeed for short-term investors. But if you are planning to hold on for long, it might get better soon (2016 q4).

Coinshot
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January 17, 2015, 08:55:44 PM
 #4

I think we are in the final phases of the bear market. Hold strong and you will reap the rewards Smiley
Remember, you have not lost anything till you have sold.


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Possum577
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January 18, 2015, 07:06:40 PM
 #5

Dollar cost averaging might be your move here, buy more now and you reduce the average price you paid, which allows you to reach gains at a lower price.

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January 20, 2015, 12:06:42 AM
 #6

A lot of traders have conflicting views as far as the future goes. Some think we are near bottom and some say it may easily go to double figures before we start a solid path way up. It's a gamble.


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username18333
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January 20, 2015, 01:17:57 AM
 #7

. . .

Nothing should worry you mate , that's how it is the price is basically based on Markets manipulations (exchanges websites) but that dosen't affect a lot of the price , also on Supply & demand .
what you need to know is that the next halving block reward is going to happen in 2016 Q4 or something which means it will give 12.5 BTC instead of 25 BTC so ... Less BTC + demand => more value . I can't tell how it's gonna be in the next months tho . if you see it 180$ or lower just take your cash and start buying Wink
(Red colorization mine.)

Code:
( ∀𝑥 Supply-of(𝑥, Bitcoin) )  ⇒  ( 𝑥 + (25 ÷ 10)(2 ⋅ 365 ⋅ 24 ⋅ 60) < 𝑥 )

Escape the plutocrats’ zanpakutō, Flower in the Mirror, Moon on the Water: brave “the ascent which is rough and steep” (Plato).
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