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Topic: 6000 USD is likely: Don’t be fooled! - page 2. (Read 306 times)

jr. member
Activity: 336
Merit: 3
June 11, 2018, 11:57:12 AM
#16
This guy wants a cheap buy, I would lean towards your view of 6k being wrong

I don't think he is trying to spread FUD, what he is trying to do is to let you be aware of what could be, and you should prepare for any case scenario. When BTC was around $18k someone on twitter said it is going to correct around $6k, I was thinking this is crazy that BTC won't go below $10k, we have been below $10K now for months.

Thanks
hero member
Activity: 1876
Merit: 512
June 11, 2018, 11:35:02 AM
#15
This guy wants a cheap buy, I would lean towards your view of 6k being wrong

I don't think he is trying to spread FUD, what he is trying to do is to let you be aware of what could be, and you should prepare for any case scenario. When BTC was around $18k someone on twitter said it is going to correct around $6k, I was thinking this is crazy that BTC won't go below $10k, we have been below $10K now for months.
sr. member
Activity: 1162
Merit: 260
June 11, 2018, 10:32:46 AM
#14
BTC might rally to 7200 in the short term but 6,000 is the likely outcome!
The reason for the slump is not the exchange hack: Opinion
Whales that manipulated the futures contracts are running for cover and selling. Think about it. They need to sell because if the SEC pursue them they could work a way to freeze their Bitcoin. The SEC and Justice Department are tracking these entities. The whales will liquidate to FIAT and re-enter most probably doing cloaked pumps and dumps on coins!
This is my opinion!
That's right, there is a lot of possibility about the whales are getting worried due to the CTFC news about that. It looks like the majority of people are seeing it as the main problem right now. I hope that we can see another jump again in the future, US is really strict to the cryptocurrency right now and that doesn't seem good.
hero member
Activity: 1218
Merit: 557
June 11, 2018, 10:20:45 AM
#13
This guy wants a cheap buy, I would lean towards your view of 6k being wrong

People wait for that 500 $ drop more and in that time btc starts rising and will reach 8k +. then again people will think it will fall and may not fall and bull run begins and crosses 10k+. So those who waited for 500$ drop actually looses 3000$ +  on just 1 btc. Which is actually a good profit for few months. So invest smartly and buy on dips regularly.
sr. member
Activity: 784
Merit: 425
June 11, 2018, 10:14:00 AM
#12
this period need to be very speculative and careful.
If you believe, hold it without moving.
legendary
Activity: 1568
Merit: 1041
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June 11, 2018, 10:09:00 AM
#11
I agree with you it is very likely but if I trade bitcoin now, I would stop trading it because it is very risky at these prices right now, as a holder $6000 does not give me a scare.

I too think we'll see 6k or even below before we get some sort of movement. Espeically with all of the new news coming out all the time about different exchanges/websites getting hacked and coins stolen. It puts people off to know that their investment could be stolen at any moment.
sr. member
Activity: 532
Merit: 250
June 11, 2018, 08:56:50 AM
#10
I agree with you it is very likely but if I trade bitcoin now, I would stop trading it because it is very risky at these prices right now, as a holder $6000 does not give me a scare.
hero member
Activity: 2520
Merit: 568
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June 11, 2018, 08:24:26 AM
#9
The reason for the slump is not the exchange hack: Opinion
I've seen the price yesterday and I wasn't aware on what's really happening. I thought that big amount transfer was the real cause and that whale eventually sold but the exchange was more accurate than it if we will base the past hack incidents too.
Lol i think many investors have set their buy orders at or around $6k per btc that is probably the readon im seeing the shouts of 6k by many people on social media as well as this forum.
That's why traders are active during this price decrease, they have automatically set those buy orders.
sr. member
Activity: 1442
Merit: 265
June 11, 2018, 07:30:35 AM
#8
Lol i think many investors have set their buy orders at or around $6k per btc that is probably the readon im seeing the shouts of 6k by many people on social media as well as this forum.
hero member
Activity: 1470
Merit: 655
June 11, 2018, 07:05:00 AM
#7
This guy wants a cheap buy, I would lean towards your view of 6k being wrong

6K is the overall sentiment

i agree with preshpr1nce, you sound like someone who wants $6k to happen so that he can buy cheap coins and sell on recovery for tiny profit!
and the overall sentiment is that nobody knows what will happen. and if you believe in manipulation so much as you claim you do then you also agree with this sentiment!
full member
Activity: 2128
Merit: 180
June 11, 2018, 06:39:07 AM
#6
This can be true because government are making way to regulate this thing and its possible that they are doing investigation now so whales are trying to protect their money. I think this is just a temporary dump and government will still not succeed to control this market, whales will always be playing around this market but we must believe that time will come and cryptomarket will be a big thing in the future.
newbie
Activity: 9
Merit: 0
June 11, 2018, 06:31:50 AM
#5
Too much things are going on in the crypto world right now and it's impossible to make any predictions, short or long term. As of now, we are just here to enjoy the ride and hope for the best. It's all part of a bigger picture,too many events affect the market and the prices can go in any direction in any time. Be sensible and careful with your investments and most importantly - don't believe everything you read on the internet, because a lot of people will try to trick you into making wrong decisions. Good luck !
jr. member
Activity: 336
Merit: 3
June 11, 2018, 06:27:28 AM
#4
I also believe the SEC are investigating the relationship between Tether and Bitfinex, the world’s biggest bitcoin exchange by trading volume. The two entities share the same operators, Phil Potter and Giancarlo Devasini, the New York Times reported. Potter is chief strategy officer at Bitfinex and a director at Tether. Devasini is a director of both companies, according to Bloomberg.
The shit will hit the fan soon!
jr. member
Activity: 336
Merit: 3
June 11, 2018, 06:24:37 AM
#3
This guy wants a cheap buy, I would lean towards your view of 6k being wrong

6K is the overall sentiment
member
Activity: 266
Merit: 60
June 11, 2018, 06:09:18 AM
#2
This guy wants a cheap buy, I would lean towards your view of 6k being wrong
jr. member
Activity: 336
Merit: 3
June 11, 2018, 06:04:48 AM
#1
BTC might rally to 7200 in the short term but 6,000 is the likely outcome!
The reason for the slump is not the exchange hack: Opinion
Whales that manipulated the futures contracts are running for cover and selling. Think about it. They need to sell because if the SEC pursue them they could work a way to freeze their Bitcoin. The SEC and Justice Department are tracking these entities. The whales will liquidate to FIAT and re-enter most probably doing cloaked pumps and dumps on coins!
This is my opinion!
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