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Topic: Bitcoin down to the price of $ 6000, is this a sign of BItcoin going to slump de (Read 189 times)

full member
Activity: 406
Merit: 102
I see no problem with the fluctuations of bitcoin. If you look at it, it actually is slowly growing. This is normal movement of bitcoin. We will have to wait for developers to make something that would entice investors. There has been a lot of changes and updates that needs to be addressed. I hope the developers will work on it so we can attract more investors.
full member
Activity: 773
Merit: 100
The price for BTC is now at the bottom. I think that below this he will not sink. Most likely, he groped his real price, because in early 2018 he was greatly overvalued.
legendary
Activity: 1386
Merit: 1000
I think that Bitcoin has already fallen to its minimum and it will only grow further. For me, this phenomenon was not unexpected news, as it was supposed to be a correction after such a stunning growth that occurred last year.
member
Activity: 415
Merit: 10
My point of view is contrary to yours. I think that when Bitcoin drops to 6,000 USD, the market will quickly rebound and more people will participate in it. The cryptocurrency will not collapse.
full member
Activity: 368
Merit: 100
What is the "base price"? Big players sold their BTC at 20k to newbs and now buying it back. We will see more heyday in the future for sure.
hero member
Activity: 1498
Merit: 507
Not your Keys, not your Bitcoin
This down trend is not a permanent issue this will recover again because majority of the peoples are buying continuously so as soon as possible it will reach 7k USD and end of the month it will move to 8k USD so we don't worried about this slump. We should believe the crypto platform it will never disappoint to every investors.
jr. member
Activity: 168
Merit: 1
Bitcoin is not that worthy of a coin anymore. There are much better alternatives, for essentialy anything. It only worth $5-6000 because of the energy and resources put into mining it.
I'd love to see the crypto world disconnect from Bitcoin.
sr. member
Activity: 546
Merit: 251
absolutely not. what do you think and what is your reason? this is just a common correction that often happens, we know that crypto market is very sensitive. therefore if there is a problem or FUD then the market will fall.
member
Activity: 490
Merit: 11
I have not seen the market cryptocurrency in the past few days, I'm very surprised when I see bitcoin prices go down to $ 6000, do you think this is the end of Bitcoin heyday, meaning bitcoin will go back to base price?

     Yes the price of Bitcoin is falling down to $6500 but this diminished is not normal cause from market circulation since this was happened about  5 hours after the hacking incident of Coinrail exchange of south korea one of the biggest coin exchange, so maybe this is only a temporarily instability of price. Hoping these will have a fast recovery.
hero member
Activity: 1568
Merit: 544
This is the market doing its thing. Bitcoin can rise as fast as it gos down these days. Since the last months you cant be surprised by this anymore.
BQ
member
Activity: 616
Merit: 53
CoinMetro - the future of exchanges
Look back in history and you'll see people asked this every time after a large drop, $10 to $1, $1000 to $200, $20000 to $6000,  what'll it be next year? $100,000 to $20,000 "is bitcoin dying"  Cool
sr. member
Activity: 1904
Merit: 306
what do you mean is going back at baseline it's $ 0.1 start bitcoin in release (2009) of course i do not think so if it should go down i think it will only reach $ 5000 but it also makes me unsure as i think this is only a temporary state because bitcoin will experience growth after 2018
newbie
Activity: 126
Merit: 0
I don't think any such thing will happen. The price is low now but it will bounce back soon hopefully. There is nothing to be so hopeless that it will return to the base price. Don't spread such FUD. Some people get easily panic at this kind of predictions. The price is still enough high if you compare it with the last year same time. So, just stay positive. Good days will come.  
hero member
Activity: 782
Merit: 500
That's just another correction. I think there is now big reason for worrying. Bitcoin still costs more than same time last year so just relax and wait.

Regular investors who aren't used to these big corrections feel uneasy which is understandable.
And the people who make the most noise are most likely the people that bought above 10k, some at 20k even.
I can see why people from these groups would feel worried,  most of us know better though.
newbie
Activity: 141
Merit: 0
I have not seen the market cryptocurrency in the past few days, I'm very surprised when I see bitcoin prices go down to $ 6000, do you think this is the end of Bitcoin heyday, meaning bitcoin will go back to base price?
I do not think so. What is happening right now is a fairly long correction, some even say it is a manipulation of those who seek great profit. Even so, I believe bitcoin will recover, stay calm and be patient to wait for it.
full member
Activity: 479
Merit: 100
Enter the future of gaming
That's just another correction. I think there is now big reason for worrying. Bitcoin still costs more than same time last year so just relax and wait.
member
Activity: 263
Merit: 10
Price of BTC will be strong support now. If a few days it's not pass support will fall under $6K maybe $4k5 support next. But news and media will be handler that. Be smart investor my friend.
newbie
Activity: 140
Merit: 0
I have not seen the market cryptocurrency in the past few days, I'm very surprised when I see bitcoin prices go down to $ 6000, do you think this is the end of Bitcoin heyday, meaning bitcoin will go back to base price?

I dont think so, maybe you were right if we count from year to date now, but by this year alone bitcoin already went down to this level of price. And they will bounce back eventually
member
Activity: 560
Merit: 10
What was the price of Bitcoin on June 15, 2017. i.e. exact one year in the past?
Ans - $2277
What's the current price?
Ans - $6566
That's nearly thrice the price. What more profit do you aspect in a year?
If we leave the unnatural hikes and lows aside, bitcoin price is increasing.
newbie
Activity: 90
Merit: 0
I think that the price of Bitcoin is now almost at the bottom. It will not be lower. I have just seen some news. They predict that Bitcoin may fall below  $ 5,200 , but I think this is unlikely.
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