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Topic: 11k plus is the price of Bitcoin Now. my fear is..... - page 2. (Read 2105 times)

sr. member
Activity: 2842
Merit: 326
Vave.com - Crypto Casino
Bitcoin might drastically go down deep following the sudden surge in price. If am wrong you can correct my impression thank you.
There is no cause for alarm as regards to the price of bitcoin,  in recent times it has been strongly bullish movement, pullback or correction then upward movement again, recalled during Chinese government clamped down on exchanges the price went dip  and recovered and obviously the price is very predictive and hopefully the bullish sentiment will continue after this present price corrections.
legendary
Activity: 2576
Merit: 1655
Bitcoin might drastically go down deep following the sudden surge in price. If am wrong you can correct my impression thank you.

Yeap, I think this is the right moment to convert and take into USD, to later buy again on a better price. Correction is coming.

No one really knows when the correction would come. This is a speculative market, it can happened today, or next week. The best thing to do is just check the price regularly so that we will know when the dump is coming. But fear not this price going down, its a good buying point and accumulate more bitcoin.

My thoughts is that there will be correction, but I don't think it will go down significantly. And as I have said, investors are waiting for this to happened, so that they can buy bitcoin at discounted price. But don't just dump your coin, just wait till it top before making the decision to sell.
full member
Activity: 448
Merit: 102
I think the bitcoin will not jump down, my prediction that bitcoin will be higher, unless bitcoin faces hardfork, and decreases in volume. it is certain that bitcoin will go down.
full member
Activity: 169
Merit: 100
Vite
Bitcoin prices are high, some altcoins are in danger, but those who are holding Bitcoins want it to continue to rise ... To be honest, I like Bitcoin stable at a value of $ 10,000.
member
Activity: 225
Merit: 10
When you buy a bitcoin and its price collapse to a very low price and it will not be pumped for a long time.
sr. member
Activity: 309
Merit: 251
Make Love Not War
Bitcoin might drastically go down deep following the sudden surge in price. If am wrong you can correct my impression thank you.

When price correction surely many will make more money and price will just go back to its previous due to high buy demand because of the cheaper price. Price volatility is very normal when it comes to bitcoin this we know very well especially the ones that have higher ranks here, so just relax and keep your faith up for the price is just playing its old game (the up and down game). If you really believe the system your faith must not waiver for we are just starting to conquer the world buy storm. News as of the moment are great and is opening new markets for us, not for just bitcoin but for altcoins as well. 
full member
Activity: 630
Merit: 102
due to mainstream acceptance, the price of bitcoin surge up high and most likely the satisfied early adoptors of btc gain profit that is why there are ups and downs in the chart but in the end if we all believe that btc is a secured investment, all of us will never convert to fiat.
it is a healthy move in btc chart. dont panic. its organic!
legendary
Activity: 3346
Merit: 1352
Leading Crypto Sports Betting & Casino Platform
Bitcoin might drastically go down deep following the sudden surge in price. If am wrong you can correct my impression thank you.

Increasing prices mean that the demand is still strong. And IMO, it is going to hit new peaks, once the CME and CBOE start the trading of Bitcoin futures in their exchanges. Bitcoin will become mainstream once these exchanges start derivative trading. The big bulls will enter the market and take BTC to the outer space.
newbie
Activity: 10
Merit: 0
If the price spikes in December, it will come with a flood of buy/sell orders.  But: remember what happened in Nov when the BTC fork was cancelled?  The BTC blockchain was clogged up for quite a while.  If a spike happens again, buy/sell orders might sit for hours (days?) before 6+ confirmations are generated.  If that sort of processing delay becomes common-place (every time there is a sharp spike in price); it could lead to some erosion of faith in BTC.  Also, with institutional investors coming online soon, that's only going exacerbate the issue (due to increased volume).

My guess is that Core will need to increase the number of transactions/sec that BTC can handle...and that means another fork, probably in 2018.

Thoughts?
hero member
Activity: 546
Merit: 500
You can expect, even greater volatility with such a take-off in the price. So be prepared to buy if the price drops dramatically
full member
Activity: 126
Merit: 100
What you are saying could happen. It happened before and it will again on the future. But one thing's for sure that it will rise again.
member
Activity: 99
Merit: 10
Bitcoin might drastically go down deep following the sudden surge in price. If am wrong you can correct my impression thank you.

Yeap, I think this is the right moment to convert and take into USD, to later buy again on a better price. Correction is coming.
newbie
Activity: 12
Merit: 0
The problem is that for the last few months every natural correction gets reversed by fake Tethers pumping the price back up.

You can go back and look at the charts compared to the release of new Tethers. Every time Bitcoin tries to correct, Tethers come in and pump the price back up.

The price is artificial at this moment. And although I am bullish on Bitcoin long term, this fake Tether pumping needs to collapse, then the price will drop to $5K or lower, and then we can start going up naturally again.

newbie
Activity: 67
Merit: 0
Bitcoin might drastically go down deep following the sudden surge in price. If am wrong you can correct my impression thank you.
The fear I feel when I buy bitcoin invests a little bit and I'm afraid because of the high price of bitcoin demand is decreasing, but that's when people are gaining bits of bitcoin to sell when prices go back up, so there's nothing to worry about
sr. member
Activity: 476
Merit: 359
Bitcoin might drastically go down deep following the sudden surge in price. If am wrong you can correct my impression thank you.

Well, it might goes down deep following this sudden surge of price, but there is still one other option, which is, it might goes up to a new level of price too.
That 2 things is a probability, and i hope the best probability comes up. But even though the price goes down, i have seen that bitcoin price always rise after it, even to another whole new level. So, you dont need to be afraid of it. Just hold till it reach your moon.
hero member
Activity: 966
Merit: 535
Bitcoin might drastically go down deep following the sudden surge in price. If am wrong you can correct my impression thank you.

So just because the rice went u alot that means it must go down? What logic is that!?

It appears there is always a correction somewhere along the line...I guess one should consider how much they can cope when these corrections happen. I personally believe there's a long way to go yet...but who knows for sure?!

What did especially "correction" even mean?

Personally I hope that bitcoin price will go a little down.. everytime it goes down I buy  a little and hold the rest..... in this year it was a very profitable strategy  Wink

It seems since vitcib was born that the strategy you are using has been working. I know so because I do the same thing you doing. Keep going!! Stash those bitcoin.
legendary
Activity: 924
Merit: 1000
The problem is the pro traders from investment companies. They are the one trading in this manner, same as the stock market, pump and dump to make money for their clients. They have no interest in holding long-term as using it as currency. Newbies are very well advise to be very careful about getting in now.
newbie
Activity: 57
Merit: 0
It appears there is always a correction somewhere along the line...I guess one should consider how much they can cope when these corrections happen. I personally believe there's a long way to go yet...but who knows for sure?!
full member
Activity: 602
Merit: 100
Personally I hope that bitcoin price will go a little down.. everytime it goes down I buy  a little and hold the rest..... in this year it was a very profitable strategy  Wink
sr. member
Activity: 434
Merit: 250
There is a correction required in its price at such value, and one can expect in the coming days. Further coming towards your point about Bitcoin falling drastically then there is equal possibility that it may rise, nothing is assured in Bitcoin as value is totally dependent upon buyers and sellers and even the giant holders can make its price shift easily. Further, Bitcoin is highly volatile currency if its price is shoots up in days it is totally acceptable that its price may fall drastically in the coming days.
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