Bitcoin Drops Below $6,500 - page 4.

richmcrich

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Quote from: Mezze on June 23, 2018, 10:01:04 AM

Quote from: bitcad4u on June 21, 2018, 07:31:28 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.

Yes it is true, the Bitcoin’s value has dropped more and more and now reached at 5.8k dollar which is a very low price and everyone can easy achieve it and is inside the circle of people.

The price may increase soon because many people will invest here in order to get Bitcoins in very large quantity and to make a collection on using low amount so this is the way they are following and you need to follow the same because everyday the market is not available like today’s market.

hybie22

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we do not have to worry about lowering the bitcoin price because the bitcoin processing state is high and lowers its value. . Your bitcoin price is high enough to buy it and lower the bitcoin when they sell their bitcoin.

BigBos

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Quote from: puremage111 on June 26, 2018, 02:07:02 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

honestly, this is a price reduction that really makes many people panic. Well, for now, I think the price is back to stable. however, the price is still really below the $ 6500 price tag. I hope that the bitcoin price increase will happen soon in July.

puremage111

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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

traderethereum

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Quote from: Semaj123 on June 23, 2018, 10:22:27 AM

Quote from: traderethereum on June 23, 2018, 08:31:30 AM

Quote from: JohnWick_Bitcoin on June 21, 2018, 04:39:14 PM

Quote from: nicktalman93 on June 13, 2018, 12:07:59 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/

In my own opinion, its fine if bitcoins will keep on dropping its price because in this way you can always invest for a cheaper price in order to earn more profit in the future when the market values start to pump up again.

but now bitcoin price is down too deep and I think many people are shocked to see the price. they don't believe that bitcoin price is reaching $6141 but this is the reality that is happening in the market. maybe in a few days later, the price will get up and will start to pump again like you said and in that time, I am sure that all of us will be happy to see the new highest price. so lets we wait for the price and hold our bitcoin until the price can increase higher.

This is why Bitcoin is good for long-term investment. Well, this is market and it will only behave according to its supply and demand and let us just make this as an opportunity to buy some coins. Cryptos are unpredictable so it is not new that we experience with this kind of sudden drop of value.

you are right, and I use bitcoin for a long-term investment too because I know that I cannot always check the bitcoin price in every time. but if I have time to analyze, then maybe I will do short-term investment and maybe I can have a chance to do scalping trade too because if the price is up and down too often, I can make a nice profit. I agree that cryptocurrency is unpredictable and we need to determine when we can enter into the market so we can buy at the low price and sell at the high price.

wuvdoll

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Quote from: mostkey on June 24, 2018, 05:48:06 PM

Quote from: Xenrise on June 13, 2018, 12:15:48 PM

Btc might hit 2.3k USD. I'm not here to fud or anything but I believe that's the truth. Bitcoin is a great crypto but it might also experience a lot of downfalls for itself.

Crypto is very risky. not just from its investment. even from his gambling. indeed I also have a similar opinion. that btc will not grow drastically this year

There is absolutely no doubt about that and this is one of the main reasons why one just have to be careful as to not be gambling the market at any point, but settle down to wait for the best moment to settle in most of the time. Over activity sometimes has made a lot of people to tend to make huge and silly mistakes in the market rather than making trends their best friend. The price has dropped below even $6000 and at this stage; I would rather not be deceived by some dead cat bounce.

Eternu

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Quote from: ReiMomo on June 25, 2018, 04:38:08 AM

Bitcoin has seen a very low price for this year and I think it will come down to $5500 within this month end. There are several factors for the downfall of Bitcoin like the most famous exchanges got hacked and the Japanese regulation on their countries exchanges which lead to closure of their exchange due to KYC norms not followed strictly.

There is nothing I can say about hack, that isn't already said. But as far as KYC is concerned, I guess things like that was inevitable. If we want for bitcoin to become worlds currency, that things like money laundering must be stopped. If certain people use bitcoin for criminal act and goes unpunished, common people will see bitcoin as an criminal thing... which is bad. So KYC regulation is trying to prevent that.
No one can say for how long with this continue to go on, but I am almost 100 percent sure that this will not be the downfall of Bitcoin.

$anounimus$

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if the bitcoin price drops cheaply and you still do not have bitcoin then you should buy as much bitcoin as you can take advantage of such a moment to be able to buy a lot of bitcoin do not be afraid the price will surely rise someday.

el kaka22

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Quote from: Gameroid on June 24, 2018, 05:43:59 PM

Quote from: Baronggot on June 24, 2018, 07:08:49 AM

Yes it is and it even went deeper as it touched down 5,000$. Many new topics are posted on this forum as bitcoin hits 5,000$ speculating that bitcoin will go down even more. We can't deny bitcoin's market volatility so there is no reason for me to be surprise or hate bitcoin because it is what it is. All i have to do is to hold my bitcoin and i am pretty sure that bitcoin is going to be alright soon.

Any thing can happen no doubt about it, but i think that bitcoin price is not going fell down any more, but will hopefully very soon start rising, because bitcoin is the first most crypto currency of the world and still most of the people are too much interested here in bitcoin, therefore i think that they will give a very good support and boost to bitcoin price.

Thinking has never solved any issue for anyone and assumption is what has made a lot of people to make trading mistakes. The market is very volatile and a lot can still happen toward the downtrend, which makes it impossible for anyone to know how things will end up playing out eventually or how far bitcoin low would get to than to wait and see how the trend is going to end up doing its thing.

If we get to see a retest and a bounce from that same support before we can indeed say this market is ready for maybe a short term uptrend or a long term one but for now, we are in a bear phase.

ReiMomo

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Bitcoin has seen a very low price for this year and I think it will come down to $5500 within this month end. There are several factors for the downfall of Bitcoin like the most famous exchanges got hacked and the Japanese regulation on their countries exchanges which lead to closure of their exchange due to KYC norms not followed strictly.

Maddinson100

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Quote from: traderethereum on June 23, 2018, 08:31:30 AM

Quote from: JohnWick_Bitcoin on June 21, 2018, 04:39:14 PM

Quote from: nicktalman93 on June 13, 2018, 12:07:59 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/

In my own opinion, its fine if bitcoins will keep on dropping its price because in this way you can always invest for a cheaper price in order to earn more profit in the future when the market values start to pump up again.

but now bitcoin price is down too deep and I think many people are shocked to see the price. they don't believe that bitcoin price is reaching $6141 but this is the reality that is happening in the market. maybe in a few days later, the price will get up and will start to pump again like you said and in that time, I am sure that all of us will be happy to see the new highest price. so lets we wait for the price and hold our bitcoin until the price can increase higher.

Today’s price is about $6100, it means that the price is decreasing and soon it will be less than $6000. This price is bad for old investors because they are losing their money and good for new investors because they want to earn some money from it. I have never such a worst situation of bitcoin. The price is almost stuck in this level which is not acceptable for impatient investors.

mostkey

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Quote from: Xenrise on June 13, 2018, 12:15:48 PM

Btc might hit 2.3k USD. I'm not here to fud or anything but I believe that's the truth. Bitcoin is a great crypto but it might also experience a lot of downfalls for itself.

Crypto is very risky. not just from its investment. even from his gambling. indeed I also have a similar opinion. that btc will not grow drastically this year

Gameroid

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Quote from: Baronggot on June 24, 2018, 07:08:49 AM

Yes it is and it even went deeper as it touched down 5,000$. Many new topics are posted on this forum as bitcoin hits 5,000$ speculating that bitcoin will go down even more. We can't deny bitcoin's market volatility so there is no reason for me to be surprise or hate bitcoin because it is what it is. All i have to do is to hold my bitcoin and i am pretty sure that bitcoin is going to be alright soon.

Any thing can happen no doubt about it, but i think that bitcoin price is not going fell down any more, but will hopefully very soon start rising, because bitcoin is the first most crypto currency of the world and still most of the people are too much interested here in bitcoin, therefore i think that they will give a very good support and boost to bitcoin price.

blockman

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So that's really possible that we might end up $4,975 for this bearish market but it's still on good point that it has been back to $6,200.

But I'm not confident with this situation because there can be something that will pull it down.

Quote from: rainezerr on June 24, 2018, 05:19:12 PM

In my own opinion, it does not really matter if the market price will decrease or increase because people will still keep on investing no matter how the market is in dip due to different speculations that will be always going out in the internet or news.

To the investors and holders already, it's very important.

rainezerr

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Quote from: nicktalman93 on June 13, 2018, 12:07:59 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/

In my own opinion, it does not really matter if the market price will decrease or increase because people will still keep on investing no matter how the market is in dip due to different speculations that will be always going out in the internet or news.

Eternu

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Quote from: Baronggot on June 24, 2018, 07:08:49 AM

Yes it is and it even went deeper as it touched down 5,000$. Many new topics are posted on this forum as bitcoin hits 5,000$ speculating that bitcoin will go down even more. We can't deny bitcoin's market volatility so there is no reason for me to be surprise or hate bitcoin because it is what it is. All i have to do is to hold my bitcoin and i am pretty sure that bitcoin is going to be alright soon.

Things that happened to Bithumb had strong impact on bitcoin's market, and major things like that will always do. Also with everything that is going on, few FUDs here and there, its no wonder that the price dropped.
It could fall even more yes, but I doubt that it will go under $5000. Even $5000 is low, because investors know that this is great chance for getting more coins for low price.
Price will fluctuate a bit before it starts recovering, this roller coaster has to end right. So keep hodling! Wink

umbara ardian

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yes you are right bitcoin prices currently down to more than $ 6500 even down to $ 5k and should be a good moment to buy as much coin as you can after that you wait until the price goes back up again to make a profit.

juragane

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yes you are right bitcoin prices fall at a very cheap price you should buy as much as you can because such moments are very rare. take advantage of the situation to make a profit.

Baronggot

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Yes it is and it even went deeper as it touched down 5,000$. Many new topics are posted on this forum as bitcoin hits 5,000$ speculating that bitcoin will go down even more. We can't deny bitcoin's market volatility so there is no reason for me to be surprise or hate bitcoin because it is what it is. All i have to do is to hold my bitcoin and i am pretty sure that bitcoin is going to be alright soon.

napi

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you should be able to take advantage of moments like this to buy as much bitcoin as you can because bitcoin prices are currently very cheap and fall.

Topic: Bitcoin Drops Below $6,500 - page 4. (Read 969 times)