Bitcoin Drops Below $6,500 - page 5.

airdagon

member

Activity: 546

Merit: 17

Quote from: richardsNY on June 23, 2018, 01:46:16 PM

Quote from: airdagon on June 23, 2018, 10:46:24 AM

The fall in bitcoin prices could be even worse in the coming months. The reason, this digital currency cryptocurrency has no fundamental value. this is the result of research of capital economics, a London-based company that explains the bitcoin and other coin prices have been quite correlated with the S & P 500 index since the price has declined from the highest price at the end of 2017. most likely,
the price will drop to below $ 6000

Don't waste your time on reading things set up by parties who don't understand how this market and everything around it works. People blame Bitcoin in most cases for the same reason gold is blamed for not having any fundamental value. Bitcoin offers far more use than gold in so many ways, that everyone thinking otherwise should just focus on other things. What's the point of writing about something you don't think has any value or purpose? It makes no sense. What fundamental value has fiat in today's world? No one should decide for you what has value or has not....

sorry, man. I am here not too experienced about this kind of thing. but, at least I learned to find out what happened by reading the news. maybe for you, i just wasted my time. but, for me this is my process for learning for the future. thank you for his reprimand. I can learn from small mistakes like this.

valentinen39

member

Activity: 308

Merit: 10

Quote from: nicktalman93 on June 13, 2018, 11:07:59 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/

Cryptocurrency can always be affected in the market either it will increase or decrease because speculations are affecting different people's mind set but the best thing to do as of now is to invest more coins or just hold it in order to avoid long a huge amount of profit.

richardsNY

legendary

Activity: 1232

Merit: 1091

Quote from: airdagon on June 23, 2018, 10:46:24 AM

The fall in bitcoin prices could be even worse in the coming months. The reason, this digital currency cryptocurrency has no fundamental value. this is the result of research of capital economics, a London-based company that explains the bitcoin and other coin prices have been quite correlated with the S & P 500 index since the price has declined from the highest price at the end of 2017. most likely,
the price will drop to below $ 6000

Don't waste your time on reading things set up by parties who don't understand how this market and everything around it works. People blame Bitcoin in most cases for the same reason gold is blamed for not having any fundamental value. Bitcoin offers far more use than gold in so many ways, that everyone thinking otherwise should just focus on other things. What's the point of writing about something you don't think has any value or purpose? It makes no sense. What fundamental value has fiat in today's world? No one should decide for you what has value or has not....

airdagon

member

Activity: 546

Merit: 17

The fall in bitcoin prices could be even worse in the coming months. The reason, this digital currency cryptocurrency has no fundamental value. this is the result of research of capital economics, a London-based company that explains the bitcoin and other coin prices have been quite correlated with the S & P 500 index since the price has declined from the highest price at the end of 2017. most likely,
the price will drop to below $ 6000

Semaj123

member

Activity: 434

Merit: 10

Quote from: traderethereum on June 23, 2018, 07:31:30 AM

Quote from: JohnWick_Bitcoin on June 21, 2018, 03:39:14 PM

Quote from: nicktalman93 on June 13, 2018, 11:07:59 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/

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.

Mezze

jr. member

Activity: 140

Merit: 2

Quote from: bitcad4u on June 21, 2018, 06:31:28 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.

traderethereum

hero member

Activity: 2870

Merit: 574

Vave.com - Crypto Casino

Quote from: JohnWick_Bitcoin on June 21, 2018, 03:39:14 PM

Quote from: nicktalman93 on June 13, 2018, 11:07:59 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/

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.

JohnWick_Bitcoin

member

Activity: 308

Merit: 10

Quote from: nicktalman93 on June 13, 2018, 11:07:59 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/

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.

LexLuther

jr. member

Activity: 41

Merit: 2

I've set up a ladder to scale in as the price drops over the next coming weeks for BTC and ETH at various prices on the way down.

Eternu

sr. member

Activity: 560

Merit: 257

Quote from: bitgolden on June 21, 2018, 06:26:30 AM

The market for sure looks like it is really going to be testing some pretty low point and it is hard to tell at which point it will end up bouncing back for recovery, but from what we are seeing so far and the possibilities of hitting low, $4800 region sounds possible.

No one can say for sure which way and how much bitcoin's price can go. But nah, I doubt it will go as low as $4800, that would be too low if you ask me (but still not impossible). If bitcoin's price dropped to $5500, people would buy as much as they could, which would boost price beck up.
I think that it will stay in price range of $6000-7500 for one more month at least, and only after I expect slow rising in its price. So yes, holding now is maybe best option for all, and also buying more coins Wink

bitcad4u

sr. member

Activity: 602

Merit: 255

Quote from: nicktalman93 on June 13, 2018, 11:07:59 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/

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.

bitgolden

legendary

Activity: 2996

Merit: 1132

Leading Crypto Sports Betting & Casino Platform

Quote from: gabmen on June 18, 2018, 08:28:24 AM

Quote from: Dr.Osh on June 17, 2018, 10:29:09 PM

Quote from: kojoannan on June 17, 2018, 06:48:35 PM

Bitcoin dropping to 6500 and below is going to reduce the hope that holder of it has in it of rising back to 20000 price it traded last december. It seems altcoins and ICOs are good investment now since bitcoins is failing to meet the expectations of investors.

well, this is a very difficult thing. but, I also predicted that something like this would happen. we know that after long bitcoin stability, there will be a pump, or a large dump that happens. so, now we can only wait for the price to go back up.

I see it the same way, though for other people, it would depend if they could wait for the long term or not. It could take probably weeks or even months before that upward surge happens and a lot can happen between now and then. It could even go way below it's current value, who knows.

Waiting for the long term is simply what anyone should easily do which I believe at least for those waiting for the long term, buying the lows of the market is usually the best thing to do.

The market for sure looks like it is really going to be testing some pretty low point and it is hard to tell at which point it will end up bouncing back for recovery, but from what we are seeing so far and the possibilities of hitting low, $4800 region sounds possible.

Kurokyy

full member

Activity: 448

Merit: 100

LETS GO ADAB

Quote from: francedeni on June 20, 2018, 06:45:33 PM

When bitcoin drops I do not intend to sell all my btc, instead I hold it for now. I think in any months time come price of btc will have it's movement to increase. In case it will go down further I think btc will going up again.

Holding is the right thing to do for now because the price will soon just go back to normal when the consumers will be starting to invest again since volatility is the reason why cryptocurrency is very profitable today.

francedeni

full member

Activity: 560

Merit: 100

When bitcoin drops I do not intend to sell all my btc, instead I hold it for now. I think in any months time come price of btc will have it's movement to increase. In case it will go down further I think btc will going up again.

Question123

sr. member

Activity: 1624

Merit: 267

Yesterday the price is $6600 dollars and today. Last week ago the price is near at 8k dollars but they decrease again and now that's the price there's a lot of reason why the bitcoin price decreasing. But if you buy bitcoin now and most of us we will punp bitcoin price and the people who leave bitcoin can back again to invest and the price will bloom and we get more money.

Eternu

sr. member

Activity: 560

Merit: 257

Quote from: Eleven86 on June 20, 2018, 12:57:29 PM

Now the market starts to move in a good direction, so if you have bitcoin just hold it for some time instead of selling. The price of bitcoin starts to increase slightly hope it will continue in near future. Now itself it crossed $6,500, so dont get panic and sell. All are expect by the end of this year it will reach 20k and prove this year also the year of bitcoin like last year. So with hope and patience just hold the bitcoin.

What I see here is pure optimism, and hoping for best outcome. Yes price of bitcoin has start rising again, but there is no guarantee that it will continue to do so. It could start going down again you know.
There are some insane predictions about bitcoin's price at the end of this year, but I think we should be happy if it reach stable price of $13k.
But I agree that for some people holding is best option. For some there isn't any other option, but to hold and hope for the best.

Eleven86

member

Activity: 364

Merit: 10

Now the market starts to move in a good direction, so if you have bitcoin just hold it for some time instead of selling. The price of bitcoin starts to increase slightly hope it will continue in near future. Now itself it crossed $6,500, so dont get panic and sell. All are expect by the end of this year it will reach 20k and prove this year also the year of bitcoin like last year. So with hope and patience just hold the bitcoin.

Mezze

jr. member

Activity: 140

Merit: 2

Quote from: wuvdoll on June 20, 2018, 11:16:19 AM

Quote from: Mezze on June 18, 2018, 01:14:08 PM

The point is that even if it goes as low as 4-5k it will eventually come back to 10k and above. Crypto market can't crash with all of this fiat pouring in.

Well, that is a very good point, but how long before it does that is what we really cannot tell anyway. However, you have said it! Crypto market cannot just keep crashing way down as there would always be time for the market to recover in the long run, but that would still take some time but I do not see any reason why any holder should be losing hope at this stage but looking for reasons to buy even more so as to be able to get the best from the long term value.

Thank you for agreeing with me and confirming that I'm thinking in the right direction.
As for the holders I don't think that they're losing hope. Maybe they're disappointing and annoyed but all the people I know are still holding their BTC even with the prices going down. Actually all of us buy more because it's a very smart thing to do in the long run. I hope I'm not wrong and that predictions about BTC reaching $20-30k by the end of the year come true.

ajochems

hero member

Activity: 1305

Merit: 511

Now the movement of bitcoin in positive manner.Now the price crossed 6700$.So this will be the best time to hold.If the price increases ,you have to hold instead of selling.Check till it reach huge and then sell it.Not only the price movement of bitcoin is increasing,also the raise is impact on trusted coins like Ethereum,Bitcoin cash,Litecoin.

wuvdoll

legendary

Activity: 1442

Merit: 1025

Quote from: Mezze on June 18, 2018, 01:14:08 PM

Quote from: gabmen on June 18, 2018, 08:28:24 AM

Quote from: Dr.Osh on June 17, 2018, 10:29:09 PM

Quote from: kojoannan on June 17, 2018, 06:48:35 PM

Bitcoin dropping to 6500 and below is going to reduce the hope that holder of it has in it of rising back to 20000 price it traded last december. It seems altcoins and ICOs are good investment now since bitcoins is failing to meet the expectations of investors.

well, this is a very difficult thing. but, I also predicted that something like this would happen. we know that after long bitcoin stability, there will be a pump, or a large dump that happens. so, now we can only wait for the price to go back up.

I see it the same way, though for other people, it would depend if they could wait for the long term or not. It could take probably weeks or even months before that upward surge happens and a lot can happen between now and then. It could even go way below it's current value, who knows.

The point is that even if it goes as low as 4-5k it will eventually come back to 10k and above. Crypto market can't crash with all of this fiat pouring in.

Well, that is a very good point, but how long before it does that is what we really cannot tell anyway. However, you have said it! Crypto market cannot just keep crashing way down as there would always be time for the market to recover in the long run, but that would still take some time but I do not see any reason why any holder should be losing hope at this stage but looking for reasons to buy even more so as to be able to get the best from the long term value.

Topic: Bitcoin Drops Below $6,500 - page 5. (Read 981 times)