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Topic: Bitcoin going to $400 (Read 848 times)

jr. member
Activity: 199
Merit: 1
June 27, 2018, 02:39:24 PM
Giant ponzis do not run for more than 10 years. At $600,000,000,000 invested in Bitcoin the money supply has dried up. Bitcoin has crashed from $20,000 to $12,000

and high profile people calling Bitcoin a giant scam there is ever increasing risk of international police raiding Bitcoin mines
Just if the bitcoin price drops to $ 1000 then I believe everyone will never invest in Bitcoin. Bitcoin may disappear on the exchanges. Instead, people will invest in ETH

What are you saving mate there is impossible in the market of bitcoin that its goes to down 1000usd and people left it alone and switch to the eth market so keep in mind bitcoin will last forever and it will not die because bitcoin is the father of of all crypto coin.
hero member
Activity: 2646
Merit: 584
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June 27, 2018, 02:27:53 PM
Some of the fact you mentioned is acceptable,but some of them are not.Do you think the value bitcoin will redue to 400$,it will bottom of the mountain.Now the price of bitcoin in the top of the mountain.Not in a short period the price of bitcoin will reduce to bottom.Bitcoin had huge supporters in market.
He probably assumes that there are whales who are interested to make the price lower than $400. If there will be whales who will start selling tons of their bitcoins that's possible and will make the price pull under $1,000 and can possibly go to $400 but it must be thousands of bitcoins on the move that shall be sold. When there's a few bucks lessen to bitcoins price, the mindset of people like OP whom really likes to spread FUD they are hinting that bitcoin will go to zero.
member
Activity: 322
Merit: 10
June 27, 2018, 01:59:39 PM
Giant ponzis do not run for more than 10 years. At $600,000,000,000 invested in Bitcoin the money supply has dried up. Bitcoin has crashed from $20,000 to $12,000

and high profile people calling Bitcoin a giant scam there is ever increasing risk of international police raiding Bitcoin mines
Just if the bitcoin price drops to $ 1000 then I believe everyone will never invest in Bitcoin. Bitcoin may disappear on the exchanges. Instead, people will invest in ETH
legendary
Activity: 1232
Merit: 1091
June 27, 2018, 01:35:55 PM
There is no chance for BTC to drop to 400$, iit's just not possible.

It's possible, even today. It only requires a flash crash to happen, and based on that it could even reach $100 but I'm sure that exchanges will reverse trades at that point. I remember a case where Gemini reversed trades when a whale accidentally bought the market up to $2000 a long time ago. It's pretty annoying to see how it's practically impossible to allow a free market to do its thing. Exchanges shouldn't act unless it concerns hackers or other suspicious activity. Someone accidentally buying or selling shouldn't be a reason to reverse trades. But this is basically the only way to see these levels ever again....
hero member
Activity: 924
Merit: 506
June 27, 2018, 12:35:46 PM
Some of the fact you mentioned is acceptable,but some of them are not.Do you think the value bitcoin will redue to 400$,it will bottom of the mountain.Now the price of bitcoin in the top of the mountain.Not in a short period the price of bitcoin will reduce to bottom.Bitcoin had huge supporters in market.
What are you saying? bitcoin still has huge support, OP is misguided and has no idea how the market works.
Price is not going down because bitcoin is a Ponzi, Price only goes down when people start selling. I was away for a few month and actually I'm shocked to see bitcoin price is under $7000 However I know everything in this market is temporary, Even the high prices are always temporary. Don't listen to these FUD and keep hodling.
sr. member
Activity: 1456
Merit: 326
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June 27, 2018, 12:07:52 PM
Some of the fact you mentioned is acceptable,but some of them are not.Do you think the value bitcoin will redue to 400$,it will bottom of the mountain.Now the price of bitcoin in the top of the mountain.Not in a short period the price of bitcoin will reduce to bottom.Bitcoin had huge supporters in market.
hero member
Activity: 1106
Merit: 501
June 27, 2018, 11:31:10 AM
I do not believe bitcoin falls on the $ 400 price. You are in too much of a hurry to make a conclusion just because the current market is falling and will make bitcoin fall to $ 400. I would rather believe the $ 400 price would not happen on bitcoin.

I think now mining cost of Bitcoin is $5,000. Miners are getting less. Bitcoin does not have any use, it has just become a speculative asset.

I read that shops/stores sell Bitcoin immediately and get cash because of fear of price change. So shops/stores are the biggest sellers of Bitcoin.

I agree with you, but still bitcoin cannot reach a $400 value its just too low to think of. The current market surely is denying bitcoin but that's only because everyone is doing so, however once it regain the support of the traders and investors the price will back up again I know it goes down for over $10k dollars the past 7 months but $400 dollars won't happen at least not for century.
newbie
Activity: 98
Merit: 0
June 27, 2018, 10:28:05 AM
Giant ponzis do not run for more than 10 years. At $600,000,000,000 invested in Bitcoin the money supply has dried up. Bitcoin has crashed from $20,000 to $12,000

and high profile people calling Bitcoin a giant scam there is ever increasing risk of international police raiding Bitcoin mines

Bitcoins will not go down to $400 dollars, the price in the market might go dip today but still it will manage to grow again due to traders who will take advantage of the cheap price today.

There is no chance for BTC to drop to 400$, iit's just not possible. The market correction is in progress and thing should get back to normal in few weeks. Many analysts expect BTC to go up to 8-10k by the end of the year.
full member
Activity: 397
Merit: 100
June 23, 2018, 01:21:52 AM
We experined highest price of the bitcoin 20,000 december 2017 , but after the year 2017 and 2018 came the price of the bitcoin continue decreasing and now the price of the bitcoin is 6700 dollars and we don't know until when the price decrease but we can pump bitcoin again by simple holding and buying again. I don't think the price will become $400 because they have barrier in the price.

Do you even understand yourself what you are trying to say?
This is irrelevant as we know that the Bitcoin has not a low value as compares with the other cryptocurrencies and fiat currencies so even the lowest value is still more than others. This market has the potential to have its lowest value far better. The statement seems that it is going to collapse soon but this is not reality and not possible as the demand of market has spread all over the world.
full member
Activity: 854
Merit: 108
June 22, 2018, 09:22:49 PM
Giant ponzis do not run for more than 10 years. At $600,000,000,000 invested in Bitcoin the money supply has dried up. Bitcoin has crashed from $20,000 to $12,000

and high profile people calling Bitcoin a giant scam there is ever increasing risk of international police raiding Bitcoin mines

Ponzi scheme did not make the Bitcoin to pump as high as $20,000 but the real demand and the big whales did the pumping and also Bitcoin is not a scam but the people who use Bitcoin platform to steal the money of the people are the scam but still i don't believe that the Bitcoin price will drop as low as $400 anymore because even due the real demand is reducing but if many of us are keep on holding on then your argument is very impossible to happen.
full member
Activity: 420
Merit: 100
June 22, 2018, 08:55:42 PM
I do not believe bitcoin falls on the $ 400 price. You are in too much of a hurry to make a conclusion just because the current market is falling and will make bitcoin fall to $ 400. I would rather believe the $ 400 price would not happen on bitcoin.

I think now mining cost of Bitcoin is $5,000. Miners are getting less. Bitcoin does not have any use, it has just become a speculative asset.

I read that shops/stores sell Bitcoin immediately and get cash because of fear of price change. So shops/stores are the biggest sellers of Bitcoin.

Fud is spreading on the entire countries right now and it was too bad for cryptocurrency holders and miners that they cannot get any profit, holding your coins is the only way to survive and wait, patience is what most needed by every traders today.
member
Activity: 266
Merit: 32
June 22, 2018, 07:59:00 PM
I do not believe bitcoin falls on the $ 400 price. You are in too much of a hurry to make a conclusion just because the current market is falling and will make bitcoin fall to $ 400. I would rather believe the $ 400 price would not happen on bitcoin.

I think now mining cost of Bitcoin is $5,000. Miners are getting less. Bitcoin does not have any use, it has just become a speculative asset.

I read that shops/stores sell Bitcoin immediately and get cash because of fear of price change. So shops/stores are the biggest sellers of Bitcoin.
copper member
Activity: 381
Merit: 1
June 22, 2018, 01:03:41 PM
Giant ponzis do not run for more than 10 years. At $600,000,000,000 invested in Bitcoin the money supply has dried up. Bitcoin has crashed from $20,000 to $12,000

and high profile people calling Bitcoin a giant scam there is ever increasing risk of international police raiding Bitcoin mines

I do not believe bitcoin falls on the $ 400 price. You are in too much of a hurry to make a conclusion just because the current market is falling and will make bitcoin fall to $ 400. I would rather believe the $ 400 price would not happen on bitcoin.
full member
Activity: 378
Merit: 100
June 22, 2018, 12:09:41 PM
Giant ponzis do not run for more than 10 years. At $600,000,000,000 invested in Bitcoin the money supply has dried up. Bitcoin has crashed from $20,000 to $12,000

and high profile people calling Bitcoin a giant scam there is ever increasing risk of international police raiding Bitcoin mines

Bitcoins will not go down to $400 dollars, the price in the market might go dip today but still it will manage to grow again due to traders who will take advantage of the cheap price today.
hero member
Activity: 1305
Merit: 511
June 22, 2018, 12:01:46 PM
The most wanted one for the small traders.The small traders will have less amount of money to invese in Bitcoin and crypto currency.If the price of bitcoin reduced to 400$ ,many inverse in bitcoin by sell their properties.If the price reduced to 400$,even I will sell all my property and buy bitcoin with all money.We will get profit in future.
member
Activity: 266
Merit: 32
June 22, 2018, 11:14:30 AM
#99
This is it, every single indicator that offered some hope for the bulls has been broken.We have now entered into a very strong and confirmed long term bear market.

No, this is not a BUY NOW warning, this is a SELL NOW warning.Maybe consider to buy back when it reaches around $3500 maybe and more around $1000. It's a matter of weeks or few months at best for a better opportunity.

For now it will be a slaughterhouse like never before. 80% of the coins being dumped now are from long term holders, they want OUT! Guess what that means, ask yourself, why do the biggest supporters of bitcoin want out?!
sr. member
Activity: 854
Merit: 251
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June 20, 2018, 08:48:47 PM
#98
Then what would be the next prediction when Bitcoin hits high again and drops down would I hear that Bitcoin would be going $100 soon?
Bitcoin price is uncertain but for sure it wouldn't go that far since there are already so many people who are investing in it and they are driving the demand for it so for sure the price of Bitcoin wouldn't hit 3 digits again.
full member
Activity: 448
Merit: 100
LETS GO ADAB
June 20, 2018, 07:22:26 PM
#97
Giant ponzis do not run for more than 10 years. At $600,000,000,000 invested in Bitcoin the money supply has dried up. Bitcoin has crashed from $20,000 to $12,000

and high profile people calling Bitcoin a giant scam there is ever increasing risk of international police raiding Bitcoin mines

There are countries where bitcoins is being used as a pyramid scam and ponzi, that is the reason why there are people who cannot fully trust cryptocurrency as a good asset to invest but if government will be legalizing cryptocurrency then most of the people will still believe on its growth and the demand will keep on increasing in the market.
full member
Activity: 504
Merit: 100
June 20, 2018, 05:19:05 PM
#96
Bitcoin will never go back to $400 again. And i don't believed that bitcoin is a scam. Just like other people said.  Bitcoin was only use by other people to scam other.
full member
Activity: 378
Merit: 100
ADAB ADAB ADAB ADAB
June 20, 2018, 12:31:26 PM
#95
Giant ponzis do not run for more than 10 years. At $600,000,000,000 invested in Bitcoin the money supply has dried up. Bitcoin has crashed from $20,000 to $12,000

and high profile people calling Bitcoin a giant scam there is ever increasing risk of international police raiding Bitcoin mines

Cryptocurrency or bitcoins is not a scam, the only reason why it is being called a scam is because of different people who are using bitcoins with a pyramid scheme concept but if you will really knew how the market works then obviously it will not look like a scam.
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