Bitcoin @ $592.. we are crashing | Bitcointalksearch.org

bitlancr

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Quote from: socks435 on August 17, 2016, 01:12:15 PM

The price today is 569.0 and looks like this week this is the stable price of bitcoin.. and i hope the price will not decrease more soon. we need new site that can accept bitcoin as payment that can be viral so that the price of bitcoin will decrease more soon..

I am not interested in day charts but I do feel that the time for bitcoin to go back to 650 dollar will come soon.
There is no reason that we stay under 600 dollar now. Support can be much higher.

socks435

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I'm looking for free spin.

The price today is 569.0 and looks like this week this is the stable price of bitcoin.. and i hope the price will not decrease more soon. we need new site that can accept bitcoin as payment that can be viral so that the price of bitcoin will decrease more soon..

Johnny00

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Bitcoin market is very manipulated. Price is slowly pushed down then one day jumps up then slowly pushed down. It will be volatile for a very very long time. I'm going to wait until Bitcoin drops more and then buy and us it to buy other coins. No benefit of holding.

crairezx20

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Quote from: crossabdd on August 17, 2016, 12:50:44 PM

I would not panic, even if the price fall below $500. but if the price fell below $500 a good decision to buy.
prices fall would not make me panic to sell. because I believe the end of the year the price of bitcoin will rise.

Yeah its always good to buy if the price of bitcoin will goes down but the problem we dont know if the price will decrease or not.. because i believe that bitcoin will stay at this level..

crossabdd

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I would not panic, even if the price fall below $500. but if the price fell below $500 a good decision to buy.
prices fall would not make me panic to sell. because I believe the end of the year the price of bitcoin will rise.

vero

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Quote from: 1Referee on August 16, 2016, 02:27:02 PM

Quote from: Auponef on August 16, 2016, 12:29:45 PM

Quote from: buyinbtc on August 16, 2016, 11:39:48 AM

Quote from: Auponef on August 15, 2016, 04:17:25 AM

Quote from: coinzat on August 14, 2016, 04:51:31 AM

crashing is a big word . you should not use it to describe a normal fall.
the price has fallen %10 approximately last week because of the bad news of bitfinex. it is not the first time to see this kind of fall.

The bitcoin price is not crashing. It is just dropping to $570 now. I think the market hot spot is in the altcoin such as Ethereum and Dash coin.

yeah, it is just a small drop, the crash would be if it was dumped to a half price, in my opinion it is good that the price is not just having spikes up

Small drop day after day is very concerning. I just hope it is due to the holiday season so that the interest is low now.

There is nothing to worry about. Use these little drops in your advantage to buy up some coins. If you play it smart, then you can even buy all the way to the bottom before it's heading up again.

active traders will love this situation, yeah they only buy when the price fall then wait a little time until the price goes up. actually the price churned that sought by the investors so that they want to put their money in bitcoin.

dumana

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Quote from: funbarrel on August 17, 2016, 07:57:56 AM

Quote from: buyinbtc on August 16, 2016, 11:39:48 AM

Quote from: Auponef on August 15, 2016, 04:17:25 AM

Quote from: coinzat on August 14, 2016, 04:51:31 AM

crashing is a big word . you should not use it to describe a normal fall.
the price has fallen %10 approximately last week because of the bad news of bitfinex. it is not the first time to see this kind of fall.

The bitcoin price is not crashing. It is just dropping to $570 now. I think the market hot spot is in the altcoin such as Ethereum and Dash coin.

yeah, it is just a small drop, the crash would be if it was dumped to a half price, in my opinion it is good that the price is not just having spikes up

well i guess you are right, i hope though that from now on we will see a decent increase and we will be able to make some good money with bitcoins

I do not see a big rise in the near future. There is no good news to drive up the price. The price will stay below $650.

funbarrel

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Quote from: buyinbtc on August 16, 2016, 11:39:48 AM

Quote from: Auponef on August 15, 2016, 04:17:25 AM

Quote from: coinzat on August 14, 2016, 04:51:31 AM

crashing is a big word . you should not use it to describe a normal fall.
the price has fallen %10 approximately last week because of the bad news of bitfinex. it is not the first time to see this kind of fall.

The bitcoin price is not crashing. It is just dropping to $570 now. I think the market hot spot is in the altcoin such as Ethereum and Dash coin.

yeah, it is just a small drop, the crash would be if it was dumped to a half price, in my opinion it is good that the price is not just having spikes up

well i guess you are right, i hope though that from now on we will see a decent increase and we will be able to make some good money with bitcoins

1Referee

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Quote from: Auponef on August 16, 2016, 12:29:45 PM

Quote from: buyinbtc on August 16, 2016, 11:39:48 AM

Quote from: Auponef on August 15, 2016, 04:17:25 AM

Quote from: coinzat on August 14, 2016, 04:51:31 AM

crashing is a big word . you should not use it to describe a normal fall.
the price has fallen %10 approximately last week because of the bad news of bitfinex. it is not the first time to see this kind of fall.

The bitcoin price is not crashing. It is just dropping to $570 now. I think the market hot spot is in the altcoin such as Ethereum and Dash coin.

yeah, it is just a small drop, the crash would be if it was dumped to a half price, in my opinion it is good that the price is not just having spikes up

Small drop day after day is very concerning. I just hope it is due to the holiday season so that the interest is low now.

There is nothing to worry about. Use these little drops in your advantage to buy up some coins. If you play it smart, then you can even buy all the way to the bottom before it's heading up again.

Denker

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Activity: 1442

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Quote from: Auponef on August 16, 2016, 12:29:45 PM

Quote from: buyinbtc on August 16, 2016, 11:39:48 AM

Quote from: Auponef on August 15, 2016, 04:17:25 AM

Quote from: coinzat on August 14, 2016, 04:51:31 AM

crashing is a big word . you should not use it to describe a normal fall.
the price has fallen %10 approximately last week because of the bad news of bitfinex. it is not the first time to see this kind of fall.

The bitcoin price is not crashing. It is just dropping to $570 now. I think the market hot spot is in the altcoin such as Ethereum and Dash coin.

yeah, it is just a small drop, the crash would be if it was dumped to a half price, in my opinion it is good that the price is not just having spikes up

Small drop day after day is very concerning. I just hope it is due to the holiday season so that the interest is low now.

We are already heading back up to $580.
China is already slightly above that level and for now it looks like we are breaking a bearish triangle.
Give it another few more days and with a bit of luck and positive momentum we could be back in the 600s.
So there is absolutely nothing to be worried about.

Auponef

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Quote from: buyinbtc on August 16, 2016, 11:39:48 AM

Quote from: Auponef on August 15, 2016, 04:17:25 AM

Quote from: coinzat on August 14, 2016, 04:51:31 AM

crashing is a big word . you should not use it to describe a normal fall.
the price has fallen %10 approximately last week because of the bad news of bitfinex. it is not the first time to see this kind of fall.

The bitcoin price is not crashing. It is just dropping to $570 now. I think the market hot spot is in the altcoin such as Ethereum and Dash coin.

yeah, it is just a small drop, the crash would be if it was dumped to a half price, in my opinion it is good that the price is not just having spikes up

Small drop day after day is very concerning. I just hope it is due to the holiday season so that the interest is low now.

buyinbtc

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Quote from: Auponef on August 15, 2016, 04:17:25 AM

Quote from: coinzat on August 14, 2016, 04:51:31 AM

crashing is a big word . you should not use it to describe a normal fall.
the price has fallen %10 approximately last week because of the bad news of bitfinex. it is not the first time to see this kind of fall.

The bitcoin price is not crashing. It is just dropping to $570 now. I think the market hot spot is in the altcoin such as Ethereum and Dash coin.

yeah, it is just a small drop, the crash would be if it was dumped to a half price, in my opinion it is good that the price is not just having spikes up

Daybreaker

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Activity: 20

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Quote from: cptdome1 on August 16, 2016, 09:27:18 AM

I'd be happy buying some more bitcoin sub $500. Anyone else think we might see that level soon?

Yeah your right because bubble is happening and it will be a daybreaker if the price will hit again back to 400 value more bitcoin will dump soon or convert into altcoin..

BathSaltsDealer

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Merit: 10

>Bitcoin @ $592.. we are crashing

It's funnier [and more predictable] than that. Reminds me of driving in a snow storm, as a kid, doing about 80 on an empty highway. My shitty car starts getting crossed up, but sllooooowwwwly... friend comments from the back seat, without raising his voice:
- We're gonna crash, huh?
- Think so.
- Well, nobody behind us.
- I know. We'll be fine.
(Did blow it off the road. Everyone was fine.)

richardsNY

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Quote from: cptdome1 on August 16, 2016, 09:27:18 AM

I'd be happy buying some more bitcoin sub $500. Anyone else think we might see that level soon?

That is too low. I however think the price might fall to the lower $500's in the coming week(s). If it happens to fall below $500 anyway, then I'll most likely buy some coins, but it will be sad to see the price drop that low.

cptdome1

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I'd be happy buying some more bitcoin sub $500. Anyone else think we might see that level soon?

traderbit

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I would consider a crash when the price drops $100 - $200 and that's not happening now, the price is not as stable as it was at $600+ but the price is falling down slightly and slowly which makes me think that until the end of the year the price can go up to $400.

freedomgo

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Quote from: Capradina on August 16, 2016, 07:27:07 AM

Quote from: bitcoinhopper on August 16, 2016, 07:23:51 AM

Quote from: dumana on August 16, 2016, 01:52:53 AM

Quote from: funbarrel on August 15, 2016, 02:15:45 PM

Quote from: coinzat on August 14, 2016, 04:51:31 AM

crashing is a big word . you should not use it to describe a normal fall.
the price has fallen %10 approximately last week because of the bad news of bitfinex. it is not the first time to see this kind of fall.

thats true, the price falls a bit and everyone screams that it is crashing even though it isnt, i think that the price is soon going to recover after this fall

The problem is that the price falls bit by bit, and going lower for some time. Maybe people are interested in the altcoins now.

I don't think this is causing people to step in into altcoins. They are, by now, fully aware that most altcoins are just pump and dump schemes.

Yeah, I would think that by now everyone will definitely keep all bitcoin they have now and will be back again when prices rose high. bitcoin This is already happening in a couple of years ago and it will not create a disaster. bitcoin system because it is true will always be like this, this is very fun and profitable, too

The price down a bit today but it is not crashing, it is for me just a normal situation for bitcoin and it could be something we can take advantage of, buy now while the price is still low cause once the price will start to rise we might not be able to buy cheap bitcoins.

Capradina

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Quote from: bitcoinhopper on August 16, 2016, 07:23:51 AM

Quote from: dumana on August 16, 2016, 01:52:53 AM

Quote from: funbarrel on August 15, 2016, 02:15:45 PM

Quote from: coinzat on August 14, 2016, 04:51:31 AM

crashing is a big word . you should not use it to describe a normal fall.
the price has fallen %10 approximately last week because of the bad news of bitfinex. it is not the first time to see this kind of fall.

thats true, the price falls a bit and everyone screams that it is crashing even though it isnt, i think that the price is soon going to recover after this fall

The problem is that the price falls bit by bit, and going lower for some time. Maybe people are interested in the altcoins now.

I don't think this is causing people to step in into altcoins. They are, by now, fully aware that most altcoins are just pump and dump schemes.

Yeah, I would think that by now everyone will definitely keep all bitcoin they have now and will be back again when prices rose high. bitcoin This is already happening in a couple of years ago and it will not create a disaster. bitcoin system because it is true will always be like this, this is very fun and profitable, too

bitcoinhopper

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Bravity is beautiful.

Quote from: dumana on August 16, 2016, 01:52:53 AM

Quote from: funbarrel on August 15, 2016, 02:15:45 PM

Quote from: coinzat on August 14, 2016, 04:51:31 AM

crashing is a big word . you should not use it to describe a normal fall.
the price has fallen %10 approximately last week because of the bad news of bitfinex. it is not the first time to see this kind of fall.

thats true, the price falls a bit and everyone screams that it is crashing even though it isnt, i think that the price is soon going to recover after this fall

The problem is that the price falls bit by bit, and going lower for some time. Maybe people are interested in the altcoins now.

I don't think this is causing people to step in into altcoins. They are, by now, fully aware that most altcoins are just pump and dump schemes.

dumana

full member

Activity: 148

Merit: 100

Quote from: funbarrel on August 15, 2016, 02:15:45 PM

Quote from: coinzat on August 14, 2016, 04:51:31 AM

crashing is a big word . you should not use it to describe a normal fall.
the price has fallen %10 approximately last week because of the bad news of bitfinex. it is not the first time to see this kind of fall.

thats true, the price falls a bit and everyone screams that it is crashing even though it isnt, i think that the price is soon going to recover after this fall

The problem is that the price falls bit by bit, and going lower for some time. Maybe people are interested in the altcoins now.

funbarrel

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Activity: 394

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Quote from: coinzat on August 14, 2016, 04:51:31 AM

crashing is a big word . you should not use it to describe a normal fall.
the price has fallen %10 approximately last week because of the bad news of bitfinex. it is not the first time to see this kind of fall.

thats true, the price falls a bit and everyone screams that it is crashing even though it isnt, i think that the price is soon going to recover after this fall

Ayers

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Quote from: coinzat on August 14, 2016, 04:51:31 AM

crashing is a big word . you should not use it to describe a normal fall.
the price has fallen %10 approximately last week because of the bad news of bitfinex. it is not the first time to see this kind of fall.

it's definitely a crash look, it's $100 already from when the hack started, so around 15%, this can be called a big drop, and the trend is continuing in a bad way with more bad news that create another panic dump and fud opportunity

maku

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Quote from: ASHLIUSZ on August 13, 2016, 06:35:32 AM

The value of Bitcoin will be determined by regulation and some other factors which are ultimately controlled by government. I am optimistic, the sheer force of Bitcoin and the revolution it brings to our outdated currency systems will allow it to flourish.

No, not really bitcoin is not regulated in most countries and because of that situation like recent Bitfinex hack can still occur.
We need to impose some serious regulations on crucial bitcoin services like exchanges or payment providers. Without regulation of business bitcoin is financial wild west.

Doms

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Activity: 714

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Different people have different risk tolerance. I bet a lot sold when the price went from $620 to $500. The opposite can be said of others. While others panic sold during that plummet, there are those who took advantage of the decline. We don't know how long we are going to stay below $600 but what I know is this is a good time to buy and accumulate as much as your budget allows you.

greBit

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Quote from: coinzat on August 14, 2016, 04:51:31 AM

crashing is a big word . you should not use it to describe a normal fall.
the price has fallen %10 approximately last week because of the bad news of bitfinex. it is not the first time to see this kind of fall.

Yeah and fall was not too high, that can be managed as price again started to rise slowly after that, and I think in next few months price will be much higher so keep on buying at a moment.

Auponef

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Activity: 236

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Quote from: coinzat on August 14, 2016, 04:51:31 AM

crashing is a big word . you should not use it to describe a normal fall.
the price has fallen %10 approximately last week because of the bad news of bitfinex. it is not the first time to see this kind of fall.

The bitcoin price is not crashing. It is just dropping to $570 now. I think the market hot spot is in the altcoin such as Ethereum and Dash coin.

coinzat

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Activity: 434

Merit: 250

Young but I'm not that bold

crashing is a big word . you should not use it to describe a normal fall.
the price has fallen %10 approximately last week because of the bad news of bitfinex. it is not the first time to see this kind of fall.

Auponef

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Activity: 236

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Quote from: Ayers on August 13, 2016, 07:19:22 AM

Quote from: ASHLIUSZ on August 13, 2016, 06:35:32 AM

Quote from: Auponef on August 13, 2016, 04:39:31 AM

Quote from: MFahad on August 13, 2016, 04:33:43 AM

Quote from: Wind_FURY on August 13, 2016, 02:48:27 AM

Quote from: freedomgo on August 13, 2016, 02:22:12 AM

Quote from: MFahad on August 13, 2016, 12:06:30 AM

Quote from: Master_dandosha on August 12, 2016, 09:56:17 AM

Quote from: agustina2 on August 12, 2016, 09:50:29 AM

Quote from: Master_dandosha on August 12, 2016, 09:40:39 AM

it is not a crash but it is normal because many miners abandon mining bitcoin while they moved to other profitable project so 400 $ by the end of this year is definitely possible price.

Really lol??

Other profitable project and then what? It will just add more troll coins in the making. Bitcoin is only crypto that can last for a long term. Other coins are just for short term profits. So a serious miner will just put efforts on bitcoin even the rewards are drop.

Yes i agree with you bitcoin is only long lasting project but with halving everyone knows that mining bitcoin is not profitable anymore .

Even with halving and miners profit reduced to half, there is no stoppage of mining. Bitcoins prices are still going up . The people who have setup large infrastructures for mining are not going to give up and it is still profitable to them.

That's all what we are waiting to happen which is the price increase, I think it could happen this year and there is no major crash really as the price is backing up already, it takes a little time before we will sit comfortably to $600+ as the previous price before the fall back.

I am sorry but we have already have seen the major move up happen. It was followed by a fall below $600 because of the Bitfinex hack. Now I do not think that there will be any major moves up or down. We will continue to stay under $600 until the end of this year and some parts of next year.

I think if bitcoin price stays at 600$ till the end of the year without being major pump or dump, it will be good for overall credibility of bitcoins. We dont want a situation where bitcoin rises to 800$ for few days and then coming back down to 400$ or so.

I am much more optimistic. I believe the bitcoin price will be at least $800 or double last year's price in December.

The value of Bitcoin will be determined by regulation and some other factors which are ultimately controlled by government. I am optimistic, the sheer force of Bitcoin and the revolution it brings to our outdated currency systems will allow it to flourish.

the adoption come with regulation but many people just need to trust more bitcoin and not see hacking attempt everywhere, i think more thna regulation we need security first to have agreat value in the future

The business related to the bitcoin is not trustable at the moment. For example, the Bitfinex lost 120k due to its own errors, but traders have to bear the cost.