Topic: Bitcoin Falls Down To $5400 - page 2. (Read 276 times)
This is the right time for all investors to buy more bitcoin because the price dump so low,there are some so many speculations that bitcoin will go down below $5k but for those who bought at high price don't worry because I believed bitcoin will highly increase until the end of this year.
it seems that it will not happen if viewed from the market today bitcoin prices around $ 6800 and the market is green
yesterday actually there are signs of rising, but now down again. and even worse, etherum also come down. it seems like this will be a holding for a long time.
News bad news like that greatly affects bitcoin prices and is very harmful, but this could be a good opportunity to start buying again.
The best time to buy again is when this chain of bad news ends. The only way is by finally having govts agree on regulations.
bad news never ends. there is always some bad news coming out and some idiots trying so hard to make it into FUD but the market trend is important. for example last year we have had lots and lots of bad news like these days but the trend was up so nobody paid them any attention!
now the trend is down and people are so interested in the negativity while there are lots of positive news about bitcoin!
After RBI's Announcement to Ban Cryptocurrencies Bitcoin Falls Down To $5400
two FUDs are in this single sentence.
1. they never banned cryptocurrencies: https://www.newsbtc.com/2018/04/06/dont-believe-the-fud-india-has-not-banned-cryptocurrency/
2. bitcoin never fell to $5400. it still is between $6500-$6900
what really happened was that a panic was spread and some disruption in the Indian banking system regarding Zebpay exchange which meant people withdrew their bitcoins from there and closed all their orders because they didn't want their money to be caught there. this sudden emptying of orderbooks led to a thin one which was easily dumped into and price on that exchange fell against INR.
positively instead of creating some wrong interpretations of certain events, like others who believes from this investment currency, just in case
that the value fell to that level, better to buy more and wait till the rise show up again.
After RBI's Announcement to Ban Cryptocurrencies Bitcoin Falls Down To $5400
After this news breaking out, Bitcoin and Ethereum dropped down significantly in Indian exchanges like Unocoin and Zebpay. Bitcoin quickly began trading at Rs. 3,56,000 ($5,400) and Ethereum began exchanging at Rs. 19,500 ($298).
After this news breaking out, Bitcoin and Ethereum dropped down significantly in Indian exchanges like Unocoin and Zebpay. Bitcoin quickly began trading at Rs. 3,56,000 ($5,400) and Ethereum began exchanging at Rs. 19,500 ($298).
If there is such a big difference, arbitrageurs are bound to move in. They will pick up these bitcoins at dirt cheap rates, send it to their friends abroad or even sell them directly at international exchanges. Very soon, this price differential will disappear.
Exchanges are right now operating as usual, as banks have been given 3 months time to exit relationships.
News bad news like that greatly affects bitcoin prices and is very harmful, but this could be a good opportunity to start buying again.
The best time to buy again is when this chain of bad news ends. The only way is by finally having govts agree on regulations.
Even though the bitcoin price has decreased I will keep my bitcoin and will add more bitcoin to get a low price, and that's my chance to get more results.
Now everyone will believe in the fall and bitcoin will start to grow
a lot of bad news that happened recently that makes bitcoin prices are declining, what needs to do now is. sell but we lose or hold back until the price stabilizes even though it may be long.
Why bitcoin day by day go down
After RBI's Announcement to Ban Cryptocurrencies Bitcoin Falls Down To $5400
two FUDs are in this single sentence.
1. they never banned cryptocurrencies: https://www.newsbtc.com/2018/04/06/dont-believe-the-fud-india-has-not-banned-cryptocurrency/
2. bitcoin never fell to $5400. it still is between $6500-$6900
what really happened was that a panic was spread and some disruption in the Indian banking system regarding Zebpay exchange which meant people withdrew their bitcoins from there and closed all their orders because they didn't want their money to be caught there. this sudden emptying of orderbooks led to a thin one which was easily dumped into and price on that exchange fell against INR.
Actually, this is the price I wait for after the bitcoin price goes up, the very low price is very profitable for me to buy bitcoin, and take this opportunity.
News bad news like that greatly affects bitcoin prices and is very harmful, but this could be a good opportunity to start buying again.
After RBI's Announcement to Ban Cryptocurrencies Bitcoin Falls Down To $5400
After this news breaking out, Bitcoin and Ethereum dropped down significantly in Indian exchanges like Unocoin and Zebpay. Bitcoin quickly began trading at Rs. 3,56,000 ($5,400) and Ethereum began exchanging at Rs. 19,500 ($298).
After this news breaking out, Bitcoin and Ethereum dropped down significantly in Indian exchanges like Unocoin and Zebpay. Bitcoin quickly began trading at Rs. 3,56,000 ($5,400) and Ethereum began exchanging at Rs. 19,500 ($298).
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