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Topic: Bitcoin is dropping! what to expect?! - page 13. (Read 1439 times)

full member
Activity: 210
Merit: 106
December 28, 2017, 08:41:51 AM
#10
Bitcoin is dropping! what to expect?!

https://www.bloomberg.com/…/bitcoin-drops-as-south-korea-sa…

I found this very interesting article on the web, check it out and let me know what you think Smiley

I expect this happen because i want to buy bitcoin.
I am sure bitcoin will go back to its treck up next year.
legendary
Activity: 3234
Merit: 5637
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December 28, 2017, 08:39:51 AM
#9
Bitcoin is dropping! what to expect?!

https://www.bloomberg.com/…/bitcoin-drops-as-south-korea-sa…

I found this very interesting article on the web, check it out and let me know what you think Smiley

I think you should post it in Press section in the right way,link is just open Bloomberg main page.

You are new so you think that BTC is dropping and this is some news,for days price is in range from 13 000$ to 16 000$ and it will take some time until it stabilizes.So there is nothing strange in this price movement,although it is pretty dramatic for some to see that price go down few thousands of dollars in one day-but this is BTC.

For all of you who think the price is low,that BTC is dead or that South Korea means something,just check what was the situation at the beginning of the year and what it is now.In terms of price, amazing progress Smiley

member
Activity: 273
Merit: 18
December 28, 2017, 08:25:33 AM
#8
It would drop faster if people could move their coins to exchanges quicker/cheaper.

Expect a slow drop with ups and downs every few days. Bottom in about 12 months.
hero member
Activity: 1890
Merit: 831
December 28, 2017, 08:13:36 AM
#7
I do think that it's because of the new year😃 we all know how much one spends on the days like this maybe most of the people are encashing bitcoins so that they can pay for it.. is what I think..
Otherwise this up down trend is what makes a crypto currency .. boon...
I don't know why all of this is happening when .. the CAME suddenly started... That bitcoins future thing.. there is genuinely no lead so as what will happen next..
full member
Activity: 952
Merit: 104
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December 28, 2017, 08:11:04 AM
#6
Bitcoin is dropping! what to expect?!

https://www.bloomberg.com/…/bitcoin-drops-as-south-korea-sa…

I found this very interesting article on the web, check it out and let me know what you think Smiley

Bitcoin is droping and would still drop but while it drops many people will invest and buy bitcoin. Because the lower the price of bitcoin the higher will be the revenue of the coin when price rise back. Keep on monitoring the price of bitcoin in order not to get delayed on the forks of bitcoin.
full member
Activity: 700
Merit: 117
December 28, 2017, 08:08:20 AM
#5
It is a big challenge for us and the entire crypto world, since not only bitcoin is dropping but also some altcoins. It is really hard to find out what is the reason for this crisis. But usually people are expecting a huge pump after this and we should not lose our hope.
hero member
Activity: 1456
Merit: 579
HODLing is an art, not just a word...
December 28, 2017, 07:59:57 AM
#4
as long as it has not yet reached $12000 then it is not "dropping". it is within the tolerance of fluctuations in bitcoin. and right now price is still above $14000

this drop was mainly because of the SegWit2x fork in my opinion because if you look at the timing of it, it started right near the time where the fork was supposed to happen. that screams manipulation and panic sell from those who bought bitcoins temporarily in hopes of getting the free B2X coins that has been advertised in the past couple of days.
newbie
Activity: 24
Merit: 0
December 28, 2017, 07:57:37 AM
#3
Bitcoin is dropping! what to expect?!

https://www.bloomberg.com/…/bitcoin-drops-as-south-korea-sa…

I found this very interesting article on the web, check it out and let me know what you think Smiley

As per today's report, there is downward trend but hopefully it will move up in the days to come. It will gain value. 
newbie
Activity: 43
Merit: 0
December 28, 2017, 07:41:32 AM
#2
The Bitcoin/USD chart is forming a classic Head & Shoulders pattern, which usually means trouble. Possible 10K incoming. 
newbie
Activity: 169
Merit: 0
December 28, 2017, 07:33:41 AM
#1
Bitcoin is dropping! what to expect?!

https://www.bloomberg.com/…/bitcoin-drops-as-south-korea-sa…

I found this very interesting article on the web, check it out and let me know what you think Smiley
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