Bitcoin dropped by $2k - page 10. | Bitcointalksearch.org

First77

member

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Quote from: kynaz on March 08, 2018, 06:25:59 AM

To overcome the $ 12,000 price, many investors and whales are needed. I think the entire Crypto market is still in a downtrend and it will probably take at least 1-2 months for the Cryptocurrency market to fully recover and Bitcoin prices are likely to rise sharply beyond 12,000. $ but I'm sure it will happen soon and now is a good time to buy Bitcoin because Bitcoin is at a very cheap $ 10,000

Only a fool will buy Bitcoin at $3,000 when you can lose all your money in Bitcoin. Look at the price of safest investments gold, silver, land etc.. You can get $5,000/acre land in many parts of the world.

kynaz

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http://unidapp.app

Quote from: mobnepal on March 08, 2018, 06:16:48 AM

Quote from: coinocean03 on March 08, 2018, 05:35:48 AM

As all of you know that the value dropped from a solid $11.5k to $9.5 recently. Could BitMex, the trading platform for bitcoin on other cryptos, where some users who had difficulty logging into its platform be one of the reasons for it?

Price has already recovered from that panic zone and soon we might get well over $12k. Actually there is huge resistance on $12k that's why price hover around $11.5k for few days before dropping to $9.5k as few trader got panic and sold their coins.

Some pull backs are good to build support so that those resistance can be broken down on next wave of surge.

I am not using bitmex but I think small login issues can't cause sudden panic in market.

To overcome the $ 12,000 price, many investors and whales are needed. I think the entire Crypto market is still in a downtrend and it will probably take at least 1-2 months for the Cryptocurrency market to fully recover and Bitcoin prices are likely to rise sharply beyond 12,000. $ but I'm sure it will happen soon and now is a good time to buy Bitcoin because Bitcoin is at a very cheap $ 10,000

xieqieshangu9

newbie

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The currency exchange was temporarily suspended from all currencies, and the exchange was reluctant to compensate users for their losses.

These are the reasons why digital encryption money come in!

andreevaviktoriy77

newbie

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Yes, he fell right now, of course, and just while there is such a buzz everyone buys bitcoin to then wait for growth. Although I think some will be skeptical about selling and selling it sooner so as not to lose anything

mobnepal

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Quote from: coinocean03 on March 08, 2018, 05:35:48 AM

As all of you know that the value dropped from a solid $11.5k to $9.5 recently. Could BitMex, the trading platform for bitcoin on other cryptos, where some users who had difficulty logging into its platform be one of the reasons for it?

Price has already recovered from that panic zone and soon we might get well over $12k. Actually there is huge resistance on $12k that's why price hover around $11.5k for few days before dropping to $9.5k as few trader got panic and sold their coins.

Some pull backs are good to build support so that those resistance can be broken down on next wave of surge.

I am not using bitmex but I think small login issues can't cause sudden panic in market.

btcwish1

full member

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No one really knows what is going on and what is actually causing the drop for last 3 months!.

There are so many good news such as USA and Russia going easy on crypto. This itself should be enough to take it to Moon. But no!! BTC price is just going down. If it increases 5% within few days it drops to 10%.

This is really strange and I am sure even the experts don't know what is going on and where BTC price heading.. $50k or $5k Huh

romanovst

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Quote from: coinocean03 on March 08, 2018, 05:35:48 AM

As all of you know that the value dropped from a solid $11.5k to $9.5 recently. Could BitMex, the trading platform for bitcoin on other cryptos, where some users who had difficulty logging into its platform be one of the reasons for it?

People not being able to login will not result in decrease in the price. I have not come across any authentic news that could effect bitcoin price this bad. But I was reading a post here today and it was mentioned there that some person has sold 400 million worth bitcoins and is not finished yet. This might be the reason for increased supply and thus prices coming down. A lot of people will follow this or sell in panic if the news is true. I never thought that we will see such a price decline in such a short time again.

imapessimist

jr. member

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Part of the reason it always drops every time it seems to be going up is the day traders who take their profit when price rises and buy in again when price drops a bit. Then other folk panic when they see the price going down and sell their Bitcoin so they don't lose too much money. I think as long as the day traders are around it will affect the long term growth.

tophe15

newbie

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I think not, it's the people who are selling the bitcoin that's why its value is dropping today. If they can't log-in like what you have stated it means it's on hold right? No access = no transaction.

Yaunfitda

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Quote from: coinocean03 on March 08, 2018, 05:35:48 AM

As all of you know that the value dropped from a solid $11.5k to $9.5 recently. Could BitMex, the trading platform for bitcoin on other cryptos, where some users who had difficulty logging into its platform be one of the reasons for it?

I think you are referring to Binance. They already acknowledge hack, but its not a like the whole trading platform is hack. Some who is using some kind of bot have found some exploits. That's why they halted withdrawals to investigate and assess the damage.

Yes, the downtrend has something to do with this news. But they keep on updating its customers to control the damage. Unfortunately, there still another negative news about SEC announcing that exchanges must register with them. This has contributed to this bloodbath I supposed.

First77

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It's going to $6,500 again..... See my "Twitter page" below for other informations, price updates and events that will turn the markets Grin

Arngrim

member

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If they cannot log in then the value should be increasing for a lot of bitcoin is on hold.
I dont think that is the problem here.
It is fluctuating and a lot of altcoins are being pulled by it too.
$2k difference is not so new now. In fact, it is a low amount compared to what is lost just a month ago.

coinocean03

newbie

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Merit: 0

As all of you know that the value dropped from a solid $11.5k to $9.5 recently. Could BitMex, the trading platform for bitcoin on other cryptos, where some users who had difficulty logging into its platform be one of the reasons for it?

Topic: Bitcoin dropped by $2k - page 10. (Read 1298 times)