And We Are Back! - page 5. | Bitcointalksearch.org

HabBear

hero member

Activity: 1106

Merit: 638

Quote from: iamTom123 on September 05, 2017, 10:34:28 PM

Slowly, we are hearing less of the many prophets of doom and gloom and I am expecting that soon we can instead be hearing more of press releases coming from the other side of the isle: the prophets of boom!

You're kidding, right? Do you read the news? Every news article about Bitcoin is talking about crash and the bubble popping. It's hilarious. The media is too slow for Bitcoin swings. It also has a destructive effect. These late and largely void of perspective articles keep the new people, the newly curious, away from Bitcoin for a little bit longer. I hope the newly curious can do their own research and think for themselves...it's the only way to see past the doom and gloom that the media and pundits are preaching from the sidelines.

rjbtc2017

sr. member

Activity: 322

Merit: 252

As of now the price is playing between $4200 to $4500 , i think this week is really the bloody week for bitcoiners, but i do not really think that China will let Bitcoin's price will dip this very low since they have a large mining facilities but i'm not sure with this, i just hope it will go upward again.

pooya87

legendary

Activity: 3472

Merit: 10611

i don't know why you are calling it a "bloodbath", it was less than a 20% drop and that because of a lot of FUD and a lot of corrections during multiple steps, not just at once. and we have had huge drops like 35% in the past that make this one look ridiculously small. Wink

in any case i agree that we are back. i was expecting a little more time before we get back so close to $4500 but the market has changed a lot. i think more people are starting to realize the FUD and buy as fast as possible. before it took a longer time before they realize and start buying, now they all know!

xianbits

sr. member

Activity: 910

Merit: 257

4900$ again this week is not yet possible, in my opinion. The ICO banning of China is still fresh, at least in my scope. I can still read some articles about it in different platforms esp social media so I think the news has just started to spread. But then, we all know that the bitcoin community is strong enough. Maybe next week, we will be partying at 5000$ and more.

iamTom123

hero member

Activity: 490

Merit: 501

Bitcoin is now officially bouncing back! After such a bloodbath that occurred right after Bitcoin has almost won over the $5,000 wall and triggered further by the China ICO ban effect, we can now see and see that Bitcoin is already back for good...and it is about to get over the $4,500 hurdle (again!).

As I am writing this thread, Bitcoin is hovering over the $4,400 range and I am hoping that tomorrow or the day after it can be able to ditched the $4,500 psychological barrier.

Slowly, we are hearing less of the many prophets of doom and gloom and I am expecting that soon we can instead be hearing more of press releases coming from the other side of the isle: the prophets of boom!

Do you think we can be able to be back at $4,900 within this week?

Topic: And We Are Back! - page 5. (Read 1894 times)