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Topic: Bitcoin deep to $1070 best time to buy. - page 5. (Read 3466 times)

hero member
Activity: 1792
Merit: 534
Leading Crypto Sports Betting & Casino Platform
March 18, 2017, 05:00:42 AM
#6
China is no longer a significant matter when it comes to the price. At this point it's BU that is putting a heavy load of pressure on the price. Other than that, if you already have some coins that you are satisfied with, then just wait on the side lines to see where the price will settle in the coming days. If you have no coins at all, or cashed out the majority at +$1200 levels, then you can buy back some. Just make sure you have fiat ready to be used in case the price happens to tank further.
Yeah, if the threat of a hard fork becomes more prominent it might result in a further fall in price, especially if it actually happens and your coins are split into two new forms.  It might be an ideal time to buy right before the hard fork if you think you're quick enough to sell the coin that you believe will be less popular right after the hard fork happens.
legendary
Activity: 1190
Merit: 1002
March 18, 2017, 04:54:20 AM
#5
The price of bitcoin fell back to $1,070! I think now is the best time to buy bitcoin. Though it may fell further to this $1,050. The people bank of china released the draft of guidelines to bitcoin exchangers and I think that is the reason price is reacting. May the God of bitcoin be with us.

This is not due to PboC it is due to Bitcoin Hardfork which is going to happen and this is the reaction for that  but china is getting benefit as they are in short position so now they can come out of their position due to price going down.
legendary
Activity: 2170
Merit: 1427
March 18, 2017, 04:50:25 AM
#4
China is no longer a significant matter when it comes to the price. At this point it's BU that is putting a heavy load of pressure on the price. Other than that, if you already have some coins that you are satisfied with, then just wait on the side lines to see where the price will settle in the coming days. If you have no coins at all, or cashed out the majority at +$1200 levels, then you can buy back some. Just make sure you have fiat ready to be used in case the price happens to tank further.
hero member
Activity: 658
Merit: 503
Bear with me
March 18, 2017, 04:49:14 AM
#3
This is an excellent buying opportunity, obviously.

There is no fork planned. Do your research.
This was a very manipulated correction.
sr. member
Activity: 392
Merit: 250
March 18, 2017, 04:33:47 AM
#2
Meh, i want cheaper coins.
sr. member
Activity: 924
Merit: 260
March 18, 2017, 04:26:56 AM
#1
The price of bitcoin fell back to $1,070! I think now is the best time to buy bitcoin. Though it may fell further to this $1,050. The people bank of china released the draft of guidelines to bitcoin exchangers and I think that is the reason price is reacting. May the God of bitcoin be with us.
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