Bitcoin down to 500? - page 7. | Bitcointalksearch.org

Denker

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Quote from: BitAurum on August 17, 2016, 06:17:08 AM

Is the bitcoin price crashing? $500 is a huge drop for bitcoin.

Will the bitcoin price go lower than $500?

We already had been below $500!That's just 16 days ago!
In worst case we drop down to $550 again, for a short time which the tough guys would use for more accumulation of course.
However I believe even this scenario is not verly likely.
Right now we are at ~570 and I expect to move to 600s again soon.

BTCLovingDude

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Quote from: BitAurum on August 17, 2016, 06:17:08 AM

Is the bitcoin price crashing?

why do you think bitcoin price is crashing today that you created this post?!!
the bitcoin price is $572 as it was a couple of days ago and if anything it has gone up from $560 yesterday so it is rising!
maybe you don't know what crash means!

Quote

$500 is a huge drop for bitcoin.

$500 drop means going from $600 to $100
drop to $500 means going from $600 to $500

and yes it is a huge drop for bitcoin, but what is your point?
it has not happened yet (price is still $570+) and there is nothing indicating this drop and anything is possible but not without reason.

Quote

Will the bitcoin price go lower than $500?

it can if something bad happens like another big hack, like saying .... exchange was hacked and 200K bitcoin lost.
but other than that i don't see why it should go that low.

ethereumhunter

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i hope the rate is not going down under $500, and i think the rate will be up in next week but for daily, the rate is not stable. sometimes up and sometimes down. i wish i can make profit from there and can make some money with that.

greatr

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Quote from: BitAurum on August 17, 2016, 06:17:08 AM

Is the bitcoin price crashing? $500 is a huge drop for bitcoin.

Will the bitcoin price go lower than $500?

it is not a huge crash, it is not even a crash, it would be just a drop, crash would be to around 100 dollars as it would be massive then, though it wont go to 500 dont worry

Nahl

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Quote from: BitAurum on August 17, 2016, 06:17:08 AM

Is the bitcoin price crashing? $500 is a huge drop for bitcoin.

Will the bitcoin price go lower than $500?

no the price aren't crashing indeed yesterday slightly down almost back to $560 below but today it's reach again to $570 above and according to my predictions till next month the price will still above $500 but i won't say stable on those price because there is always possibility to bitcoin price dropped

peta4e

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Quote from: OmegaStarScream on August 17, 2016, 07:38:07 AM

Nothing is crashing , just keep calm and HODL. Price is pretty much stable in the last few days/weeks , the crash was more than likely caused by the Bitfinex hack in the first place (like the first hack) so we take time some time to recover.

Yeah it will take some time to recover and regain its position so I think we should also take some rest at a moment and keep on watching price movements.

OmegaStarScream

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Nothing is crashing , just keep calm and HODL. Price is pretty much stable in the last few days/weeks , the crash was more than likely caused by the Bitfinex hack in the first place (like the first hack) so we take time some time to recover.

harizen

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Quote from: BitAurum on August 17, 2016, 06:17:08 AM

Is the bitcoin price crashing? $500 is a huge drop for bitcoin.

Will the bitcoin price go lower than $500?

If it will be lowered to $500? No one knows.

People intend to take advantage of the dips, so I think it can hold the support with the current price. For price to reached below $500 it needs a lots of coins to be dumped which is actually not possible at the moment since people care for the price when dealing in a dump.

So just sit back and just watch how the price will move in the following days.

Matt Guy

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I think it's difficult to happen a more dramatic moment than the Bitfinex hack this year.

tampazeus

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Quote from: Cloverdale on August 17, 2016, 06:50:30 AM

Quote from: BitAurum on August 17, 2016, 06:17:08 AM

Is the bitcoin price crashing? $500 is a huge drop for bitcoin.

Will the bitcoin price go lower than $500?

The price is still high compared to last years price so I don't think that is considered crashing. Say it crashed if the price go lower to 300$

Exactly people who bought at $250 in the past would be still satisfied with current price, as even if they sell now they are into profits and I don't think price will go to $500 level in coming days.

Cloverdale

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Quote from: BitAurum on August 17, 2016, 06:17:08 AM

Is the bitcoin price crashing? $500 is a huge drop for bitcoin.

Will the bitcoin price go lower than $500?

The price is still high compared to last years price so I don't think that is considered crashing. Say it crashed if the price go lower to 300$

Btcforall

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I am guessing bitcoin will fall further and touch $350 next months unless some miracles happen

longbob72

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Quote from: BitAurum on August 17, 2016, 06:17:08 AM

Is the bitcoin price crashing? $500 is a huge drop for bitcoin.

No. Go find a price chart somewhere and look at it very carefully, there's a lot of small movement like this.
Where did you get the $500 from? We're far from there (you're talking like we're already there...).

dandroid

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It does not sound very realistic, but it would be a good time to fill the bags.

X-ray

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bitcoin is now stable at 560 - $600 ,it's not going to crashing for now except there's sudden hack on exchange just like bitfinex,the recent price falling is because of bitfinex getting hacked and losing so many money and make panic selling happen and then price falling a lot

stiffbud

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Quote from: BitAurum on August 17, 2016, 06:17:08 AM

Is the bitcoin price crashing? $500 is a huge drop for bitcoin.

Will the bitcoin price go lower than $500?

I don't think it will crash down to $500. Well I hope not.
I don't know what is happening with the bitcoin price at the moment but it sure does not look good because I keep seeing red.

BitAurum

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Is the bitcoin price crashing? $500 is a huge drop for bitcoin.

Will the bitcoin price go lower than $500?

Topic: Bitcoin down to 500? - page 7. (Read 5670 times)