Bitcoin now below $10,000 - page 20.

wall101

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Quote from: Webberson on February 01, 2018, 07:56:34 AM

For some couple of days now, the price of bitcoin has been between 10k - 11k (which i actually thought would take a support at the said range).
Knowing now that it has gone below, what is your take on the current situation.

At the moment, bitcoin has dropped by half and it's coming down from november 2017 but I think I need to buy a bitcoin today and hold it 6months half of a year and I'll look at the defference I really want to buy no.

lite

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Quote from: Webberson on February 01, 2018, 07:56:34 AM

For some couple of days now, the price of bitcoin has been between 10k - 11k (which i actually thought would take a support at the said range).
Knowing now that it has gone below, what is your take on the current situation.

We've had so many bad news this year, facebook crypto ad ban, India banning bitcoin, tether and bitfinex subpoenaed by the CFTC. whales are playing their games and with all these bad news has created a fud and people(mostly newbies) are panicky selling their cryptos. all this is temporary, bitcoin/crypto price will recover.
I bought bitcoins(again), i hope you guys did too.

pawanjain

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Nothing lasts forever

Bitcoin is now at $8800 which is really shocking for me as it is the lowest point bitcoin has reached after so many days. After the pump from $1000 to $17000 this is the time when bitcoin has gone to a very crucial stage. I am holding an amount and dont wish to buy more right now since I dont have any fiat. So I probably will be holding the amount I have.

Quote from: Patrice_89 on February 01, 2018, 10:08:26 PM

Man all these governments.. they are really trying to break down the crypto market, scare some people off..gotta stay strong

Agree with you mate. I believe the politicians are the ones responsible for this since they dont want other people to gain more profits and want the opportunities for themselves. If bitcoin breaks and then gains a sudden growth then I think this point will be proved.

knight20

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This normal because bitcoin price is not stable. It seems like there is a big event in one country who has a many users. I think price gets low because many bitcoin users withdraw there bitcoins.

icol333

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Quote from: Webberson on February 01, 2018, 07:56:34 AM

For some couple of days now, the price of bitcoin has been between 10k - 11k (which i actually thought would take a support at the said range).
Knowing now that it has gone below, what is your take on the current situation.

It's a bad month for the market as the price is having a really bad time. But I'm taking the positive side of it, as the price has fallen to 30% couple days ago, I'm buying even more coins and some alts just in case bitcoin can't keep up. Keep hodl and buy, that's it.

Pattart

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Quote from: ImSuparmin on February 01, 2018, 09:24:44 PM

Quote from: travelgear17 on February 01, 2018, 08:51:31 AM

Quote from: Webberson on February 01, 2018, 07:56:34 AM

For some couple of days now, the price of bitcoin has been between 10k - 11k (which i actually thought would take a support at the said range).
Knowing now that it has gone below, what is your take on the current situation.

Definitely you are supposed to right think but my opinion is the Bitcoin price is not stable right now . It's price will be stable near around 15k- 17k $ may be in the first of March in 2018. The market valume says think so.

Yeah I also heard Bitcoin will go up at the beginning of March, Bitcoin is now down but we should consider it reasonable, because it's been a year ago Bitcoin rose drastically, and hopefully the rise in March.

I don't know why bitcoin prices keep falling from a few days ago prices keep falling from $16k then $12k then down to $10k- $11k and currently under $10k. is there still happen a correction? but whatever the reason. I know many of you must be afraid and panicked to see the current bitcoin prices in the market. but the mass panic will actually make the market even more chaotic. so positive thinking like this will have a positive effect on bitcoin market prices. hopefully in March or soon as bitcoin prices can recover.

Golftech

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Quote from: Patrice_89 on February 01, 2018, 10:08:26 PM

Man all these governments.. they are really trying to break down the crypto market, scare some people off..gotta stay strong

The more they tried to crash this system the more people will be interested to invest and become attracted, cryptocurrency not bitcoin alone will bounce back and what is happening right is a great opportunity to begin investing your spare money if you are looking for some assets that will bring value after some years, bitcoin holders knew that in the bloody market opportunity needs being take advantage to find new ways of earnings, relax and just go with the flow and see what will happen in the next few years ahead.

Patrice_89

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Man all these governments.. they are really trying to break down the crypto market, scare some people off..gotta stay strong

MinerHQ

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Quote from: BitcoinNational on February 01, 2018, 02:15:28 PM

Quote from: zhekinsp on February 01, 2018, 09:21:55 AM

Quote from: Flexystar on February 01, 2018, 09:10:04 AM

Quote from: Webberson on February 01, 2018, 07:56:34 AM

For some couple of days now, the price of bitcoin has been between 10k - 11k (which i actually thought would take a support at the said range).
Knowing now that it has gone below, what is your take on the current situation.

This is after effect of the Indian government announcement that they are going to ban the crypto currency but at the same time they also announced that they will support the Blockchain Technology! That is why the prices are holding up at this rate otherwise they could have gone far below the market rate.

There is no need to panic about this as Finance minister Arun Jaitley of India released the official budget 2018 doc today and initial the negative news was spreader like fire in the India causing the panic sell whitin short period. But it looks like people cam to know that Indian government will take step forward to learn the blockchain tech and it’s applcation. So it could be good news after few days.

Is it India banned crypto currency? If it is true post with the links too.

I read that the finance minister said that bitcoin has no legal tender in their country which means it is not illegal yet so we should wait for the official announcement from that government.

Here you have a link if you want : https://qz.com/1195316/budget-2018-busts-bitcoin-arun-jaitley-has-just-killed-indias-cryptocurrency-party/
The finance minister didn't ban Bitcoin yet but he seems not really enthusiast about bitcoin.

It is almost banning all crypto coins in India and along with that Facebook stopped advertising ICO projects created this panic sell in all coins.

India even puts taxes on personal gains but many other developed countries don't have these personal gain taxes. How can they allow these cryptos to trade without taxing? Until they find a way to tax these transactions it is almost banned in India.

paulo013

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I think now is the best time for crypto shopping but i still in a little afraid to go with. I'm just monitoring the market and picking some opportunity if the bitcoins shows signal to go buy more bitcoin and other altcoins. but hoping after buying some bitcoin it will rise at $15,000 or more

ImSuparmin

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Quote from: travelgear17 on February 01, 2018, 08:51:31 AM

Quote from: Webberson on February 01, 2018, 07:56:34 AM

For some couple of days now, the price of bitcoin has been between 10k - 11k (which i actually thought would take a support at the said range).
Knowing now that it has gone below, what is your take on the current situation.

Definitely you are supposed to right think but my opinion is the Bitcoin price is not stable right now . It's price will be stable near around 15k- 17k $ may be in the first of March in 2018. The market valume says think so.

Yeah I also heard Bitcoin will go up at the beginning of March, Bitcoin is now down but we should consider it reasonable, because it's been a year ago Bitcoin rose drastically, and hopefully the rise in March.

ImSuparmin

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send and receive money instantly, with no hidden c

now is the right time to buy, because the price of Bitcoin is currently down dramatically, we buy Bitcoin now, hold it until the price of Bitcoin goes up, and from there we can get a big profit.

Patrice_89

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Activity: 73

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SO selling bitcoin to get into ico's would not be recommended..I mean i dont wanna sell but there is always that question of if Im missing a better opportunity somewhere else. I think im holdin for now thought 9000 is way too low to sell

Pesona1

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Quote from: Webberson on February 01, 2018, 07:56:34 AM

For some couple of days now, the price of bitcoin has been between 10k - 11k (which i actually thought would take a support at the said range).
Knowing now that it has gone below, what is your take on the current situation.

the current bitcoin price situation is not very good for selling, if you have bitcoin stock you can store and hold the coin to the highest price. do not panic sell, and if you do not have bitcoin you can buy because at this moment the right moment to buy bitcoin with low price.

dragoz11

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Activity: 420

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There are so many events happening against btc and the market cap have decrease significantly after the new year I will Hodl btc until the Chinnese new year is over around February where I think it will get a push upwards with an increase of market cap.

Xetonica

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Activity: 706

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Im just hoping that it will rise it again next month, bitcoin value are really so dip but it is the time you can buy bitcoin in this dip price. This is the first month of year that bitcoin high value will disappeard.

astrid.uchiha24

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Only thing that some traders still buying and holding is due to trust, my crypto trading career has not been a year yet but when i looked upon the prices from the past few years, this year i can say the worst correction of all time. Anyway, if you don't comfortable with the price and thinking that this could be the start of the end of bitcoin then go ahead sell your bitcoin and alts, turn it all into fiat but don't make post here like "i regret" etc. (this is for everyone not for the OP Cheesy

)

Oceat

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Quote from: pratik009 on February 01, 2018, 05:33:09 PM

Today bitcoin price is near about the $8k and i think it will go more deep into somedays.so if you want to buy then i recommend you to wait for 2-3 days And if you have btc then hold it tighly and not sell in loss beacause btc price will soon go high so don't worry.Bitcoin has high resistance nearabout the $9k so if it will break this high resistance then it will definitely go towards the $12k-13k.
So let's see what happens ahead.

As i expected it will go down to $8k then going to rise after it's done hyping in a few weeks but if this will go down below $8k then i guess my calculation was wrong. I think you're right the resistance is not breaking yet until if fully goes down and after that it is the time to buy for their new investments. I'm done buying some of it and i'm currently waiting for this to get back up.

Patrice_89

jr. member

Activity: 73

Merit: 2

Yes true,the period during christmas to the Chinese new year period has shown a dip in the total market for the last 4 years, there is definetly a trend in that and it will bounce back up mid february I think.

Btw guys on another unrelated note, can you guys tell me how I can earn Merit?

Dodoymabs

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Quote from: jhongzjhong on February 01, 2018, 09:26:38 AM

Quote from: Webberson on February 01, 2018, 07:56:34 AM

For some couple of days now, the price of bitcoin has been between 10k - 11k (which i actually thought would take a support at the said range).
Knowing now that it has gone below, what is your take on the current situation.

If you have a huge amount now in your portfolio much better to hold and have a patience to wait at the right time to have your profit.
Then if you are planning to invest, well, it is the right opportunity to invest more in bitcoin while the price was down and wait the moment that until it is bouncing back again. Just hold on and have faith on bitcoin.
Hopefully by next month bitcoin will recover again in the coinsmarketscap and of course together with our profit.

Bitcoin surprised us with this sudden drop of value whichmakes everyone get into doubt what caused this event. Even I come to a conclusion to dump my btc but as what you believe that it will recover soon then, I will expect that it will happen soon. Based also on previous years, their graph shows common results.

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