Bitcoin hits a new low since 2016 - page 3.

Ararbermas

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Activity: 2016

Merit: 283

Quote from: lucianlee12 on June 14, 2018, 02:22:15 AM

Be greedy when people panic, that is my tactics. Right now I buy 3 BTC and wait for the price to rise again. Things will turn green, nothing to worry too. Wink

right! Good idea mate instead of worrying and posting any nonsense topic , because actually bitcoin will not end like this. especially on this circumstances which is bitcoin is still on the top of all currency and still promising, so must buy more now instead seeking more information to obtain specific reason behind the market circumstances. 'cause we already knows how the market plays nowadays due to some causes, So much better to buy more now 'cause we are already on the down price which is the bottom, and wait for it to stabilize again 'cause surely it will bounce back again soon.

Sithara007

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Leading Crypto Sports Betting & Casino Platform

Quote from: lucianlee12 on June 14, 2018, 02:22:15 AM

Be greedy when people panic, that is my tactics. Right now I buy 3 BTC and wait for the price to rise again. Things will turn green, nothing to worry too. Wink

You could have waited for a few more days, until the prices stabilize. As of now, it looks like the prices are going to fall further. I won't be too surprised, if the exchange rates go below the $5K or even the $4K levels.

EdenHazard

legendary

Activity: 2674

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Crash on the market cryptocurrency especially bitcoin is always going to happen, whether it's what the problem and the cause of the crash are why we will not know it before it happens. I see bitcoin market is very vulnerable like a crash and have a bull market with drastically as we see in 2017 ago, many factors that affect it.

Just a question, can someone have a patient with bitcoin market conditions?

Mundo12

newbie

Activity: 114

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I am waiting for another drop to buy more Bitcoin. I lost $ 3000 when the TRX and XLM prices fell. That is sad Cry

lucianlee12

newbie

Activity: 74

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Be greedy when people panic, that is my tactics. Right now I buy 3 BTC and wait for the price to rise again. Things will turn green, nothing to worry too. Wink

Kemarit

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Activity: 3080

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Quote from: Flor1982 on June 14, 2018, 01:09:58 AM

Quote from: Fourgh on June 13, 2018, 11:36:33 PM

Bitcoin is having a free fall after it's price skyrockted last December 2017. The question now is will it continue to crash?
Only time will tell what will unfold in the next few months.
https://www.coindesk.com/oversold-price-bitcoins-rsi-just-hit-its-lowest-level-since-2016/

This is sad but true that we need to accept the fact that Bitcoin price is not stable at it was very risky for an investments because the price is really unpredictable. We just hope that this will not create a panic among holders as i see that the price is average declining since Jan this year because if the people will panic then for sure the price will reach below $6,000 as per predictions by the others.

We have been preaching that bitcoin investment is very risky, so I don't think that we didn't do our part and now the inevitable happened, the price free fall from as high as $20,000. But it doesn't mean that we can't bounce back. And I think that the consensus around is that we can truly get back to our feet, but we need to wait for that perfect timing again. But as the title of the thread says (quite misleading), even though we hit rock bottom again, its another big opportunity for all of us to get and purchase bitcoin at a cheap price and reversals soon will be realized. Its just a matter of time, IMHO.

Badik

newbie

Activity: 36

Merit: 0

Thats true because there are exchange are manipulating of it like coinbase,bitstamp and now they are under investigating about it and not only those exchange but bigwhales also.

kastara

full member

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Merit: 100

it is not fair to compare the current price of bitcoin by 2017 while 2018 is not over, then what if bitcoin is compared in 2012 with 2017 Bitcoin has increased the number of times for it. so comparing something to something that has not been exhausted time is very unfair, so let's look at the time to come

MrCrank

sr. member

Activity: 1330

Merit: 258

Quote from: Fourgh on June 13, 2018, 11:36:33 PM

Bitcoin is having a free fall after it's price skyrockted last December 2017. The question now is will it continue to crash?
Only time will tell what will unfold in the next few months.
https://www.coindesk.com/oversold-price-bitcoins-rsi-just-hit-its-lowest-level-since-2016/

You are wrong.. Really since 2016?
You can check chart and see another low price.
After free fall will be high rise

Alpha0One1

full member

Activity: 588

Merit: 107

Bitcoin, having the first mover advantage in cryptocurrency, is here to stay for a long time.
It may take a while before a "flippening" happens - e.g. eth toppling btc as the dominant cryptocurrency.

Singwala

sr. member

Activity: 462

Merit: 260

Quote from: Fourgh on June 13, 2018, 11:36:33 PM

Bitcoin is having a free fall after it's price skyrockted last December 2017. The question now is will it continue to crash?
Only time will tell what will unfold in the next few months.
https://www.coindesk.com/oversold-price-bitcoins-rsi-just-hit-its-lowest-level-since-2016/

I think the price of bitcoins will be no more than $ 5,000. Many who support the bitcoins and assured that they will have fallen. And knowing that the price of bitcoins has fallen was because there was a whale who sold his hold of bitcoins and was at 1,000 BTC

Flor1982

full member

Activity: 714

Merit: 100

Quote from: Fourgh on June 13, 2018, 11:36:33 PM

Bitcoin is having a free fall after it's price skyrockted last December 2017. The question now is will it continue to crash?
Only time will tell what will unfold in the next few months.
https://www.coindesk.com/oversold-price-bitcoins-rsi-just-hit-its-lowest-level-since-2016/

This is sad but true that we need to accept the fact that Bitcoin price is not stable at it was very risky for an investments because the price is really unpredictable. We just hope that this will not create a panic among holders as i see that the price is average declining since Jan this year because if the people will panic then for sure the price will reach below $6,000 as per predictions by the others.

St4yInTh3D4rk

sr. member

Activity: 686

Merit: 264

"STAY IN THE DARK"

Quote from: Cofee.BLUE on June 14, 2018, 12:45:48 AM

Quote from: Fourgh on June 13, 2018, 11:36:33 PM

Bitcoin is having a free fall after it's price skyrockted last December 2017. The question now is will it continue to crash?
Only time will tell what will unfold in the next few months.
https://www.coindesk.com/oversold-price-bitcoins-rsi-just-hit-its-lowest-level-since-2016/

Well, it is very hard to know what exactly be happen in the near future. But I think it doesn't matter if it's fall again and what are the most important is it will rising up again and continuously to pump so there will be a chance to recover. We don't even know what it will be ,maybe by the next couple of days it will pump again so it is better for now is always think positive so positive things will come to our way.

So grab more coins when it is at lower price,surely you will cherish about that later,I am also lookiing to have some bitcoin now because it looks like another golden opportunity to buy bitcoins for lower price which may not happen again.And OP the price doesn't hit new low since 2016 the price level reached that level becausue the price of bitcoin was cheaper than now exactly one year before.Don't speculative it to much just learn to sail in the waves. Cheesy

gesdan

full member

Activity: 616

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yes we know that last year the price of bitcoin is down until right now but i think it will rising up soon after bitcoin can pass this "storm" and will rise up more and more because we can see that bitcoin has the good popularity and be the good media for investment, so investor will buy bitcoin for their investment

Cofee.BLUE

sr. member

Activity: 546

Merit: 250

Quote from: Fourgh on June 13, 2018, 11:36:33 PM

Bitcoin is having a free fall after it's price skyrockted last December 2017. The question now is will it continue to crash?
Only time will tell what will unfold in the next few months.
https://www.coindesk.com/oversold-price-bitcoins-rsi-just-hit-its-lowest-level-since-2016/

Well, it is very hard to know what exactly be happen in the near future. But I think it doesn't matter if it's fall again and what are the most important is it will rising up again and continuously to pump so there will be a chance to recover. We don't even know what it will be ,maybe by the next couple of days it will pump again so it is better for now is always think positive so positive things will come to our way.

Herbert2020

legendary

Activity: 1946

Merit: 1137

that's what happens when the dumping gets out of hand. even the manipulating whales get greedy sometimes and dump too much and the market is always unpredictable for everyone so a newbie wave can crash the market more than you wanted to and create stagnation like this. i generally don't pay much attention to RSI but it seems like i am alone in that. now i am curious to see what is going to happen next because of it?!

Rosyanroid

newbie

Activity: 66

Merit: 0

Please do a good research before you post something. The price of bitcoin went very low few months ago. Probably, below $6700. But, now the price is going upward. It will increase more in the future.

gaurav82

newbie

Activity: 238

Merit: 0

Don't worry, take it as buying opportunity. Missing this opportunity may repent later.

Pursuer

legendary

Activity: 1638

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Where is my ring of blades...

Quote from: Eternu on June 13, 2018, 11:53:18 PM

This sentence got my attention and I wish this to happen.

Quote

When such levels are hit, the indicator suggests price action is approaching a level below the asset's true value, where a price bounce tends to occur.

Investors like opportunities like this, so it won't be long before price starts to recover. Also I agree with dbshck, title of topic is a bit misleading.

true. it always comes down to what investors think. and they always are looking for indicators such as this. we are going down for now but also we are getting closer to that specific price level where majority of investors will think "that's the price I want to buy at" and when that happens we will see the bottom and the reversal will start as the rest of the market becomes much stronger than the minority whales dumping these days.

paul00

sr. member

Activity: 854

Merit: 257

Quote from: Gogochen on June 14, 2018, 12:21:52 AM

First of all, this is a false headline. Bitcoin has not reached a new low.
And according to the K diagram, bitcoin has always been on an upward trend.

I think he basically measured it from $20k to the current price the range of its fall are too far and that I think her basis. I know there will still be a downfall of the bitcoin value but still it will recover in the future but no one know when.

Topic: Bitcoin hits a new low since 2016 - page 3. (Read 468 times)