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Topic: Bitcoin down to $570 - page 3. (Read 3583 times)

legendary
Activity: 980
Merit: 1000
August 15, 2016, 02:08:36 PM
#42
Time to pick up more bitcoin ?
i'm not sure with your advice because even though today the prices has slightly down and almost back again to $560 but i think i would see the situations until tomorrow to see prices movement because if it dropped with pretty fast i think buy with the current prices is not too good
legendary
Activity: 1218
Merit: 1007
August 15, 2016, 11:20:23 AM
#41
Time to pick up more bitcoin ?

yes this is an excellent time to buy more bitcoin, and whenever you see kwukduck is getting active again on the forum and also you see him creating alt accounts to post and then reply to himself with his main account you should know that it is a good time to buy bitcoin and there is a rise right after this phase coming.

Price has gone down today and it can go even lower in next few days, so I will prefer to wait for some more time to buy bitcoins, and if it doesn't goes lower then will buy whatever price I see in next few days.

yeah, that is what i meant. sorry if i wasn't clear.
i think the correct word for it was "it is a great opportunity" to buy bitcoin. because this situation is creating a panic sell and always after these panics there is a big jump back that you can use to buy at the bottom and make a good profit out of.

yes I think this is a great time to buy bitcoins, price went down after the bitfinex scam and people got panic and started to sell their coins, but its good to see price recovering slowly once again.
Personally I'm waiting to see if the current dip goes any further down, I'm thinking it might go down a bit more but for right now it doesn't look like it is going to go down further than maybe another $2-$5. If it does go down a bit more chances are I'll buy, but for right now all I can tell that is happening is someone is trying to sell off their Bitcoin without dumping everything all at once.
legendary
Activity: 3010
Merit: 1280
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August 15, 2016, 11:16:53 AM
#40
Time to pick up more bitcoin ?

Possibly the right time to buy bitcoin.  Price is cheaper now than weeks ago.  This might also an indication of bitcoin going to increase in price again for next week or month.  It is always like this before bitcoin  go up in price. And I dont think bitcoin will go down deeper because there are lots of people who are into bitcoin now.
hero member
Activity: 2912
Merit: 556
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August 15, 2016, 10:24:08 AM
#39
for me, i will wait in a moment for a while, and after that maybe i will buy. but i am not sure it will go down to deep for now. its all depend of the market traders, will they dump or even they have to pump it? market its still can not predict even the chart said down or up.
legendary
Activity: 2086
Merit: 1058
August 15, 2016, 09:55:08 AM
#38
Time to pick up more bitcoin ?

yes this is an excellent time to buy more bitcoin, and whenever you see kwukduck is getting active again on the forum and also you see him creating alt accounts to post and then reply to himself with his main account you should know that it is a good time to buy bitcoin and there is a rise right after this phase coming.

Price has gone down today and it can go even lower in next few days, so I will prefer to wait for some more time to buy bitcoins, and if it doesn't goes lower then will buy whatever price I see in next few days.

yeah, that is what i meant. sorry if i wasn't clear.
i think the correct word for it was "it is a great opportunity" to buy bitcoin. because this situation is creating a panic sell and always after these panics there is a big jump back that you can use to buy at the bottom and make a good profit out of.

yes I think this is a great time to buy bitcoins, price went down after the bitfinex scam and people got panic and started to sell their coins, but its good to see price recovering slowly once again.
hero member
Activity: 1470
Merit: 655
August 15, 2016, 09:50:00 AM
#37
Time to pick up more bitcoin ?

yes this is an excellent time to buy more bitcoin, and whenever you see kwukduck is getting active again on the forum and also you see him creating alt accounts to post and then reply to himself with his main account you should know that it is a good time to buy bitcoin and there is a rise right after this phase coming.

Price has gone down today and it can go even lower in next few days, so I will prefer to wait for some more time to buy bitcoins, and if it doesn't goes lower then will buy whatever price I see in next few days.

yeah, that is what i meant. sorry if i wasn't clear.
i think the correct word for it was "it is a great opportunity" to buy bitcoin. because this situation is creating a panic sell and always after these panics there is a big jump back that you can use to buy at the bottom and make a good profit out of.
hero member
Activity: 952
Merit: 1000
August 15, 2016, 07:15:43 AM
#36
Price is under pressure at the moment because we have no bullish sign at the moment, so that it's very hard to suggest anything a lot of people just selling and that is the cause, it could take more longer time to get recover some part of it.

I think at this stage there is a chance that price may go even lower in next few days, as I think looking at price going low people have started to sell their coins which is not a good sign actually.

Price is at $570 at a moment which is higher in compare to yesterday as it was playing at $560 last evening, so may be it will continue to rise slowly and steadily in coming days.
legendary
Activity: 1778
Merit: 1043
#Free market
August 15, 2016, 04:52:24 AM
#35
Honestly I don't see any reason to be bullish  Smiley, at the moment this is a bearish market.

And what made you come to that conclusion? Just because the Bitfinex hack, or has it some other reason to it? I think the market is moving in a neutral pace right now. Not bearish and not bullish.


The halving, the bfx hack and so on.... it's normal a sell pressure and a bear market (summer is always bearish Wink).
hero member
Activity: 714
Merit: 500
August 15, 2016, 04:21:24 AM
#34
Price is under pressure at the moment because we have no bullish sign at the moment, so that it's very hard to suggest anything a lot of people just selling and that is the cause, it could take more longer time to get recover some part of it.

I think at this stage there is a chance that price may go even lower in next few days, as I think looking at price going low people have started to sell their coins which is not a good sign actually.
hero member
Activity: 686
Merit: 500
August 15, 2016, 03:36:32 AM
#33
Price is under pressure at the moment because we have no bullish sign at the moment, so that it's very hard to suggest anything a lot of people just selling and that is the cause, it could take more longer time to get recover some part of it.
legendary
Activity: 1848
Merit: 1009
Next-Gen Trade Racing Metaverse
August 15, 2016, 02:26:44 AM
#32
looks like Okcoin news hit the market but i thought the effect would be a little bit more than just $10 but anyways i think these days if you can find the bottom and buy in a dip, that would be a good choice for entering and making a profit in a short time.

If you pick bottoms, you get shit.  Tongue
Timing the market is very difficult, better to buy and hold bitcoins.

It's not always shit, it's all risk, and while it really is difficult it's worth it if you have lots of fiat to buy and play with. However, if you're like me that buys only 0.1BTC at a time, then it's better to buy and hold.
legendary
Activity: 1232
Merit: 1000
August 15, 2016, 01:16:37 AM
#31
looks like Okcoin news hit the market but i thought the effect would be a little bit more than just $10 but anyways i think these days if you can find the bottom and buy in a dip, that would be a good choice for entering and making a profit in a short time.

If you pick bottoms, you get shit.  Tongue
Timing the market is very difficult, better to buy and hold bitcoins.
legendary
Activity: 3472
Merit: 10611
August 14, 2016, 10:58:41 PM
#30
looks like Okcoin news hit the market but i thought the effect would be a little bit more than just $10 but anyways i think these days if you can find the bottom and buy in a dip, that would be a good choice for entering and making a profit in a short time.
hero member
Activity: 518
Merit: 500
August 14, 2016, 09:31:27 PM
#29
I think the price is still trying to establish a good support, which it has not done since the bitfinex hacking. It has not broken the $600 resistance in a while now and that seems to be the nearest price that needs to be reach for it to be stable. If anything, this is another buying opportunity for those who still have funds.
sr. member
Activity: 392
Merit: 250
August 14, 2016, 09:03:37 PM
#28
This is nothing like the post-halvening moon I was promised. This sucks Sad
Damn, you bought into the lie  Undecided
legendary
Activity: 1862
Merit: 1004
August 14, 2016, 07:14:40 PM
#27
It might be slowly going down right now, but this is somewhat expected.

This is nothing like the post-halvening moon I was promised. This sucks Sad
Price collapse is linked to recent Bitfinex hack. If that didn't happen then we would probably be sitting on stable $700 by now.
And it is not that bad news, as you can buy some cheap bitcoin before we resume climbing again.
legendary
Activity: 2170
Merit: 1427
August 14, 2016, 04:03:06 PM
#26
Honestly I don't see any reason to be bullish  Smiley, at the moment this is a bearish market.

And what made you come to that conclusion? Just because the Bitfinex hack, or has it some other reason to it? I think the market is moving in a neutral pace right now. Not bearish and not bullish.
sr. member
Activity: 337
Merit: 250
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August 14, 2016, 02:50:56 PM
#25
Most American finex accounts still locked -- can't withdraw or trade, can't buy if can't trade Sad
it is really sad to hear that to be honest, i hope that everything is going to be solved soon then people will be able to buy a lot of bitcoins again and push the price
legendary
Activity: 1778
Merit: 1043
#Free market
August 14, 2016, 01:58:35 PM
#24
Honestly I don't see any reason to be bullish  Smiley, at the moment this is a bearish market.
sr. member
Activity: 406
Merit: 250
August 14, 2016, 01:37:44 PM
#23
so what that it is down at the moment? in my opinion the price increase is going to happen pretty soon, i hope that we will all get a lot of profit out of this
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