Bitcoin broke through $11,000 for the first time since January

First77

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Quote from: rommelzkie on February 21, 2018, 11:29:29 PM

This is because bitcoin is very volatile and it is normal for crypto traders. sometimes 20% - or + movement per day happens.
11,000 USD is a mojor resistance so we expect a correction from that area on which is happening now. lets all wait again for another bull run

SBI Bank, largest in India has banned use of even debit cards to buy crypto currencies.

https://bitcointalksearch.org/topic/sbi-card-likely-to-ban-customers-from-buying-bitcoin-other-cryptocurrencies-r-2955369

Why Bitcoin is getting banned worldwide.

rommelzkie

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Quote from: ?? on ??

Bitcoin $10,500 now Grin

-10% yesterday

Gold never falls more than -3% in one day.

This is because bitcoin is very volatile and it is normal for crypto traders. sometimes 20% - or + movement per day happens.
11,000 USD is a mojor resistance so we expect a correction from that area on which is happening now. lets all wait again for another bull run

lvincent

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Merit: 102

Well bitcoin now is $10,800 it's less than 11k again ahahah Grin

but you know it's normal that price goes down in the market if an coins value does not goes down it has a really high chance that it will become a bubble and the recent price correction that happened on bitcoin is a good thing for me almost 20k last year before it crashed and 20k for me is too much maybe this time it surpasses 20k but of course there's always risk in investment and the fact that no one can predict what exactly gonna happens next, so anything can happen in an instant lets just hope that bitcoin price won't fall near 0

andrei56

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Quote from: Nhebu on February 21, 2018, 10:20:46 PM

I don't know if it will lead to a good or bad effect in cryptocurrency. If the price will continuously fall down, it might goes to 0 and I think cryptocurrency may lose its value. But I think also that it will become an opportunity to reinvest in cryptocurrency again because possibly, the price will be back pn its price.

The price is never going to touch zero unless there is some flaw in the technology and since hackers have been trying to get a vulnerability like that for along time it is safe to assume bitcoin is really secure and will never touch that price, now a decrease in the price may lead to a decrease in the interest by the general public but I do not think these low prices are going to last long.

Nhebu

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Quote from: PlusCoinINK on February 21, 2018, 10:08:14 PM

Bitcoin broke through the $11,000 mark over the weekend for the first time since January.
Fears over tighter regulation, which was one of the catalysts for the recent crash, appear to have subsided.
Many commentators, including Ethereum Founder Vitalik Buterin, have warned that cryptocurrencies could fall to "near-zero" at any time.

How likely do you think bitcoin would fall to zero?

Source:https://www.cnbc.com/2018/02/19/bitcoin-price-hits-11000-for-the-first-time-since-january.html

I don't know if it will lead to a good or bad effect in cryptocurrency. If the price will continuously fall down, it might goes to 0 and I think cryptocurrency may lose its value. But I think also that it will become an opportunity to reinvest in cryptocurrency again because possibly, the price will be back pn its price.

PlusCoinINK

member

Activity: 112

Merit: 15

PlusCoin [ICO 10 September-10 November]

Bitcoin broke through the $11,000 mark over the weekend for the first time since January.
Fears over tighter regulation, which was one of the catalysts for the recent crash, appear to have subsided.
Many commentators, including Ethereum Founder Vitalik Buterin, have warned that cryptocurrencies could fall to "near-zero" at any time.

How likely do you think bitcoin would fall to zero?

Source:https://www.cnbc.com/2018/02/19/bitcoin-price-hits-11000-for-the-first-time-since-january.html

Topic: Bitcoin broke through $11,000 for the first time since January (Read 141 times)