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Topic: Bitcoin Drops Below $6,500 (Read 969 times)

full member
Activity: 386
Merit: 100
July 23, 2018, 03:59:26 AM
and now, bitcoin is not in the $6,500 again and it increases $200 from the last time. I hope that the conditions will be like this and although there is any correction for the price, the price is not getting down below $6,500. I am sure that bitcoin price can increase higher in the next months and we will see the price makes another highest price again.
Today the price is almost $6500 and yesterday it was $6700. It means that corrections still there and nobody can say exactly what will happen next. We can guess the price from the investment cap. If it increase the price will also increase in the future but if not then the price will be like that of today. Be optimistic about the future growth in the price.
Today the price has made us very happy and now we may see a better market future and may be in the upcoming few days the price cross the 10k dollar figure because today the price has shown its potential. The price has increased from 6.3k dollar to 6.5k dollar and right after that we can see right now that the price has reached to 7.3k dollar so this is a big achievement in just one day.
hero member
Activity: 2870
Merit: 574
Vave.com - Crypto Casino
July 21, 2018, 06:58:46 AM
after we can increase more than $74xx, now the price is down again and reach $7339. I don't know if the next hours, the price can get down for more but I think it could be possible since we are at the weekend. usually, the price is getting down at the weekend but it will increase back in the next week so I think we should not worry about this and it's better to stay calm for a while.
hero member
Activity: 2674
Merit: 585
Leading Crypto Sports Betting & Casino Platform
July 21, 2018, 02:16:22 AM
The price is less than $6,100 at the moment and i think that it will keep going  down on the next few days, we just need to wait a little bit more. But, we can not speculate much about what is going to happen because the market is more than unpredictable


It hasn't gotten below 6.1k and making small steps to go back up. If things go well no other news of exchanhe hacks or bans come up, we may well be on a slow, steady climb.
The thread is older though the price has completed round trips again and again many times but we are not upgrading to the value higher than even 10k dollar which is not possible if we have this action to sell immediately after finding any increase.

Immediate increase in value and immediate selling decreases the value further so we should not contribute like this in lowering the price again and again.
full member
Activity: 584
Merit: 100
$CYBERCASH METAVERSE
July 20, 2018, 04:38:08 AM
It rebound back to $6,200 after it drop to around $5,800 so i assume we have a great support around this level
But market is still testing tho on what could possibly happen

By looking at the fundamental like news and regulations, aside from big tech companies skeptical comments, everything else is kinda fine
The price is stuck between $6000 and $6500. Today the price is $6200 and yesterday it was $6100, it means that the price is increasing. We should be optimistic about the growth in the price and don’t be panic because we want bitcoin to be the mainstream in the future and will take over the market. We will have to wait for little more and be patient.
legendary
Activity: 1204
Merit: 1028
July 19, 2018, 05:49:33 AM
The price is less than $6,100 at the moment and i think that it will keep going  down on the next few days, we just need to wait a little bit more. But, we can not speculate much about what is going to happen because the market is more than unpredictable


It hasn't gotten below 6.1k and making small steps to go back up. If things go well no other news of exchanhe hacks or bans come up, we may well be on a slow, steady climb.
Fair enough and if you look at the current market value. It is $6670 and we have a volatile price in the crypto market so there are possibilities that the price might also fall below that $6500 value but the fall will be recovered instantly.

This month has been good so far and the crypto market will move on towards the boom because we are having some stability in the market and stability implies rise in the values of assets. Besides, if Facebook goes for the investment it is planning, it will bring another boom and this time, Bitcoin will even cross the $30000.
newbie
Activity: 141
Merit: 0
July 17, 2018, 01:17:38 AM
I'm pretty sure that the last $5k mark crash id going to be the last of it. It bounces back easily and a few more months, we could see bitcoin going unstoppable on the last quarter. I'll be honest that I panicked a little and I'm sure some of you did too.
Why should anyone actually want to panic and it is not like it is something their panic can solve anything. It is a market, it is certain that we could even fall a bit lower eventually, but the thing is to know what to do in such scenarios or to buy more and wait for the long term. One thing I am sure of is that this market is really in a giveaway state with the value we are seeing now and anyone who wants to go long for the future, here is a very good opportunity for them.
The future prediction is very hard because of the volatility. It can rise, it can fall, but I think there is nothing to worry about it. This bear situation will end soon and the green days will continue for long time. Those who do not suffer this worst situation of the market should not invest in cryptocurrency, because if needs patience and courage, it is necessary.
jr. member
Activity: 91
Merit: 1
July 16, 2018, 05:41:44 AM
and now, bitcoin is not in the $6,500 again and it increases $200 from the last time. I hope that the conditions will be like this and although there is any correction for the price, the price is not getting down below $6,500. I am sure that bitcoin price can increase higher in the next months and we will see the price makes another highest price again.
Today the price is almost $6500 and yesterday it was $6700. It means that corrections still there and nobody can say exactly what will happen next. We can guess the price from the investment cap. If it increase the price will also increase in the future but if not then the price will be like that of today. Be optimistic about the future growth in the price.
hero member
Activity: 1246
Merit: 529
CryptoTalk.Org - Get Paid for every Post!
July 13, 2018, 12:09:12 AM
The price is less than $6,100 at the moment and i think that it will keep going  down on the next few days, we just need to wait a little bit more. But, we can not speculate much about what is going to happen because the market is more than unpredictable


It hasn't gotten below 6.1k and making small steps to go back up. If things go well no other news of exchanhe hacks or bans come up, we may well be on a slow, steady climb.
sr. member
Activity: 602
Merit: 252
July 12, 2018, 11:19:28 PM
This has been taking place quite often, I believe the price drop below $6500 has been taking place for the third time consecutively. Every time the recovery happens quite after certain time period fulfilling the expectations of the users. Hope this time too the same thing takes place to grow high at the earliest.
member
Activity: 118
Merit: 10
July 12, 2018, 08:40:14 PM
The price is less than $6,100 at the moment and i think that it will keep going  down on the next few days, we just need to wait a little bit more. But, we can not speculate much about what is going to happen because the market is more than unpredictable
newbie
Activity: 102
Merit: 0
July 12, 2018, 05:46:40 PM
That will really be bad for everyone (except those who are yet to make purchase).it is kindd of hard to know what to follow, CBOE are making a push for bitcoin ETF which will bring more money to crypto, yet we are having price dips
sr. member
Activity: 779
Merit: 250
July 12, 2018, 05:43:27 PM
Bitcoin might be testing new lows by going below $6,500 level, however, analysts like Tony Vays and Ran Neu-Ner believe it will even hit $4,975 and $5,900 respectively before any upward momentum could be expected. Bitcoin Bull, Tim Draper is still bullish and planning to buy even more bitcoins with no plans to sell them any time now.

BTC highly bearish, Tony Vays’ target $4,975 but…

The world’s largest cryptocurrency by market capitalization, Bitcoin has fallen to its lowest since February. Today, Bitcoin dropped down to an extreme low of $6,433. However, it has again gained a slight upward shift and gone above $6,500 level at $6,510.

Continue reading: https://coingape.com/bitcoin-price-drops-below-6500-experts-remains-bullish/

The price of bitcoins is now in $6k dollar below and it only means that there will be more time for consumers to invest since the market price is very expensive for a long time.
legendary
Activity: 1232
Merit: 1091
July 12, 2018, 01:20:38 PM
The big pump and dump was not natural. It was planted and the result is that many people made huge profits while new investors lost their money.

It might have been planned to some extent, but what you can't plan is how the retail market reacts. We will never find out what percentage of last year's rally was manipulation and what percentage fomo. If the momentum is there, which it was, then the market can pump to any level as long as people are willing to hold and accumulate more -- if there are more constant buyers than sellers, the price will keep going up, it's that simple. Right now the exact opposite is happening, where the coins that people were holding are now being dumped on the market. I have heard some people say reverse bull run, and I actually like that term because that's exactly what it is.
STT
legendary
Activity: 4046
Merit: 1447
Catalog Websites
July 12, 2018, 10:43:11 AM
The last time I listened to Tone Vays he was talking about $1300. So $4975 doesn't sound so bad.

As a bottom price that is nothing because the bottom is usually quite brief and not traded by a vast amount of people.   Just a spike down to 4975 as a reversal would be not be a big deal.    It really depends on how it reaches that price.

If we gradually descend then I see the upwards movement after as being much slower also.   I was actually expecting a lower price but also a short duration so not as quite as bearish as just reading the number alone.  I think the context of the price movement probably matters even more
sr. member
Activity: 672
Merit: 250
July 12, 2018, 10:09:00 AM
I had some words for you friend.Bitcoin is decentralized currency,so no one will control the bitcoin price.You no need to worry for this,it's minor fluctuation.The whales can hold the price for a moment.But they can't control for longer period.This is the unique features of bitcoin over other Crypto.

I agree, it's decentralized and very hard to manipulate but whales still do it and when they do prices skyrocket or dip. Either case is a chance to make money, either by accumulating cheap BTC or by selling when reaches it's peak. Whatever the case is, BTC will exist for a long time or maybe even forever.
You are wrong. I admit that bitcoin is decentralized but is not uncontrollable. Big investors manipulate the market and change the price according to their well. They are ducking us and we do not understand. The big pump and dump was not natural. It was planted and the result is that many people made huge profits while new investors lost their money.
full member
Activity: 186
Merit: 101
July 11, 2018, 04:49:59 AM
The last time I listened to Tone Vays he was talking about $1300. So $4975 doesn't sound so bad.
member
Activity: 546
Merit: 12
July 11, 2018, 04:36:52 AM
Its fine if the market drops below $6k dollars, it only means that other people who did not have enough capital to invest can purchase bitcoins on a cheaper price and earn profit in the future.
It seems to me that you do not need to trust the opinion of all these analysts. Many of them write their reports to order. They are paid for this money and they say what they should write. And they do it.
hero member
Activity: 1036
Merit: 500
July 11, 2018, 04:06:51 AM
Bitcoin might be testing new lows by going below $6,500 level, however, analysts like Tony Vays and Ran Neu-Ner believe it will even hit $4,975 and $5,900 respectively before any upward momentum could be expected. Bitcoin Bull, Tim Draper is still bullish and planning to buy even more bitcoins with no plans to sell them any time now.

BTC highly bearish, Tony Vays’ target $4,975 but…

The world’s largest cryptocurrency by market capitalization, Bitcoin has fallen to its lowest since February. Today, Bitcoin dropped down to an extreme low of $6,433. However, it has again gained a slight upward shift and gone above $6,500 level at $6,510.

Continue reading: https://coingape.com/bitcoin-price-drops-below-6500-experts-remains-bullish/

Its fine if the market drops below $6k dollars, it only means that other people who did not have enough capital to invest can purchase bitcoins on a cheaper price and earn profit in the future.
No for the statement because the current value is stable from yesterday which is 6.5k dollar and yes this current market is a golden opportunity for all of us as it has less price and charges us less for 1 Bitcoin equals to 6.5k dollar so we are here is a very rich opportunity.

It is more than anything to get more valuable coin in its low market on low value so keep investing which will also increase the demand rate and we will be in high market soon.
hero member
Activity: 2870
Merit: 574
Vave.com - Crypto Casino
July 10, 2018, 05:51:58 AM
after bitcoin reach $6,819 according to bittrex, now we see bitcoin price down again and now it reached $6452 but we can be glad that bitcoin price still in above $6k. but if there are many people that is panic to see the red candle especially a long red candle, then the price can get down too far and maybe it will reach in under than $6k. we can only hope that the price can bounce up after this and in the next week, the price can increase by more than $6,8xx and even will reach more than $7k.
legendary
Activity: 1232
Merit: 1029
July 10, 2018, 03:25:32 AM
I'm pretty sure that the last $5k mark crash id going to be the last of it. It bounces back easily and a few more months, we could see bitcoin going unstoppable on the last quarter. I'll be honest that I panicked a little and I'm sure some of you did too.
Why should anyone actually want to panic and it is not like it is something their panic can solve anything. It is a market, it is certain that we could even fall a bit lower eventually, but the thing is to know what to do in such scenarios or to buy more and wait for the long term. One thing I am sure of is that this market is really in a giveaway state with the value we are seeing now and anyone who wants to go long for the future, here is a very good opportunity for them.
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