BTC down to 6654 in Japanese time | Bitcointalksearch.org

Sivest

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Quote from: BitMaxz on April 06, 2018, 06:08:55 PM

As of now the price is stable around $6600, but the market holders are still panic selling maybe this is because of the news about banning bitcoin in india.

This is just like what happened in the past years ago and i think this is another FUD that is why the price keeps falling again below $7k.

Quote from: Sivest on April 06, 2018, 01:42:08 PM

I dont understand why people think that Bitcoin will go up again ?
Bitcoin was banned by Facebook and by Google the biggest ADS companies in the wolrd. Isnt that a good reason for it to stay at that rate ?

I think this is not a big reason why the price drop and honestly Bitcoin is not banned in google and facebook they have just added a new policy due to many ICO scammers. They are asking for legalization of any investment project since ICO's are part of investment they regulate and verify if its real project or not.

Bitcoin is not actually banned if you have a bitcoin business you just need to verify that your business is legal.

Are you sure about this information ? because on coindesk they said soemthing different
Can we know where you had this information from ?

Bagaji

sr. member

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Quote from: Tilbrook007 on April 04, 2018, 10:03:43 PM

Will BTC go sub 6500 USD Today

Same here in my country but i do strongly believe that Bitcoin will sn upward direction movement in know distance time from now or couple of weeks to come if all things remain equal. Although whoever want to invest more money should do so as that alone will help recover the market from the current downward trend.

BitMaxz

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Block halving is coming.

As of now the price is stable around $6600, but the market holders are still panic selling maybe this is because of the news about banning bitcoin in india.

This is just like what happened in the past years ago and i think this is another FUD that is why the price keeps falling again below $7k.

Quote from: Sivest on April 06, 2018, 01:42:08 PM

I dont understand why people think that Bitcoin will go up again ?
Bitcoin was banned by Facebook and by Google the biggest ADS companies in the wolrd. Isnt that a good reason for it to stay at that rate ?

I think this is not a big reason why the price drop and honestly Bitcoin is not banned in google and facebook they have just added a new policy due to many ICO scammers. They are asking for legalization of any investment project since ICO's are part of investment they regulate and verify if its real project or not.

Bitcoin is not actually banned if you have a bitcoin business you just need to verify that your business is legal.

Baofeng

legendary

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Quote from: Kakmakr on April 05, 2018, 01:29:50 AM

There are definitely a force pushing down the price at the moment. Just as it is about to break out, they dump coins on the market and it goes down again. This has been going on for the last couple of months now. Someone does not like the idea that Bitcoin should break out, like it did last year and they are dumping coins to prevent that.

Their resources will run out soon. ^lol^

Correct, well one face was already unmasked, which is the Mt. Gox trustee offloading bitcoin since last year but was not caught up because they are a lot of buyers that time. However, starting this year, when we are about to break out, seems that we can't get to the next levels until someone exposes him.

In my view, the reason why we are still going down despite the Mt. Gox trustee no longer dumping the coins is that the daily traders simply taking profits the moment they see the price is already ripe for the taking.

leea-1334

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Temporary forum vacation

Quote from: krauzzer02 on April 06, 2018, 01:19:44 PM

Quote from: Crytptomeniac on April 05, 2018, 05:03:36 AM

Until people stop panic selling and dumping so much coins into the market when they see the price go up a bit then prices will keep falling because these people are just filling the market with supply.

Don't know when are they going to stop from dumping their coins most of the pairings that I see was USD/BTC or other local currencies that have some percentage to affect the price, people nowadays are so nostalgic about the past negative news about bitcoin, social media and google ads ban etc, they've already lost a large percentage of income as most of them are from the bracket price of 15 to 20K USD whales are going to have a discounted price of cryptocurrency for sure.

Actually, should the panic selling no longer be in effect? All the sellers between 12k and here are the ones who panicked. Now the ones selling are just profit makers, who sold short at recent recoveries. I do not think that is panic. Also I am sure a lot of people are purposely riding this to make as much cheap bitcoin as they can. Every 10% made at a recovery and dip if they repeat this several times, they easily double their bitcoins. Discounts for sure everywhere. How long can it last?

Sivest

newbie

Activity: 2

Merit: 0

I dont understand why people think that Bitcoin will go up again ?
Bitcoin was banned by Facebook and by Google the biggest ADS companies in the wolrd. Isnt that a good reason for it to stay at that rate ?

krauzzer02

full member

Activity: 378

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Quote from: Crytptomeniac on April 05, 2018, 05:03:36 AM

Until people stop panic selling and dumping so much coins into the market when they see the price go up a bit then prices will keep falling because these people are just filling the market with supply.

Don't know when are they going to stop from dumping their coins most of the pairings that I see was USD/BTC or other local currencies that have some percentage to affect the price, people nowadays are so nostalgic about the past negative news about bitcoin, social media and google ads ban etc, they've already lost a large percentage of income as most of them are from the bracket price of 15 to 20K USD whales are going to have a discounted price of cryptocurrency for sure.

Hamphser

sr. member

Activity: 2506

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Quote from: bozo333 on April 06, 2018, 11:10:40 AM

Quote from: Crytptomeniac on April 05, 2018, 05:03:36 AM

Until people stop panic selling and dumping so much coins into the market when they see the price go up a bit then prices will keep falling because these people are just filling the market with supply. it will

But not all the peoples are panic selling in Bitcoin because many peoples are still believe the bitcoin. The main reason of price fluctuation is social media and Mt gox selling the 6000 BTC so don't blame the peoples because consumer is always supporting to crypto currency. Bitcoin is always potential coin again it will raise soon but we should wait for one or two months.

No specific time on when prices would shoot up once again and in regard with the current happening into bitcoin market we can really say that recovery would really still takes time. Panic sell cant really be avoided because when people do see falling prices they do panic out and sell out to their btc holdings which would really contribute into the dump.Bad thing for them but good thing for those people who are after on buying cheaper coins.

bozo333

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Quote from: Crytptomeniac on April 05, 2018, 05:03:36 AM

Until people stop panic selling and dumping so much coins into the market when they see the price go up a bit then prices will keep falling because these people are just filling the market with supply. it will

But not all the peoples are panic selling in Bitcoin because many peoples are still believe the bitcoin. The main reason of price fluctuation is social media and Mt gox selling the 6000 BTC so don't blame the peoples because consumer is always supporting to crypto currency. Bitcoin is always potential coin again it will raise soon but we should wait for one or two months.

Crytptomeniac

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Until people stop panic selling and dumping so much coins into the market when they see the price go up a bit then prices will keep falling because these people are just filling the market with supply.

Kakmakr

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Leading Crypto Sports Betting & Casino Platform

There are definitely a force pushing down the price at the moment. Just as it is about to break out, they dump coins on the market and it goes down again. This has been going on for the last couple of months now. Someone does not like the idea that Bitcoin should break out, like it did last year and they are dumping coins to prevent that.

Their resources will run out soon. ^lol^

yepaiyique2

jr. member

Activity: 126

Merit: 3

BTC is likely to fall below $6000!

The fall was worse than expected!

Be prepared to buy BTC for the price increase at the low point!

zolfa

member

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Quote from: Tilbrook007 on April 04, 2018, 10:03:43 PM

Will BTC go sub 6500 USD Today

yes, bitcoin today is staying at lowest point after falling from the value of $ 20000. even in bitcoin BitFlayr has a very low value, $ 6757.

and I think bitcoin will still drop to the point of $ 6000 by the end of April. before the bitcoin recovered bitcoin will continue to fall until there are no more panic sales.

boboking

member

Activity: 224

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This is very possible I think it might even go slip lower than $6,500. We should take advantage of this price not only with Bitcoin but also with other stable coins.

I think most of the people who have weak hands has been shaken by the bear market, we just need to wait because I think the reversal is getting nearer everyday.

chengyinoing

newbie

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Quote from: Tilbrook007 on April 04, 2018, 10:03:43 PM

Will BTC go sub 6500 USD Today

So I say this is a good time to do short-term trading. From the recent market analysis, we can only buy when the price is low, and it is profitable to sell when the price rises. And I have always thought that the current market is saturated and will not rise sharply anytime soon.

lzby2000

full member

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Yes, now it's 6600 dollars. The market is very fragile now. As long as there is a small message, it is possible to cause panic in the encryption market. I don't think the price of bitcoin is going to fall to 6K, and it's clear that the price of bitcoin is now close to the miners' mining costs, and a lot of miners will buy bitcoins below 6K. This time is really painful.

market field

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Quote from: ?? on ??

if that so then it will be the best time to buy it, hoping it will rise up soon. but for me i will wait when it become like $6000 that's when the time i buy. and will hodl it.

6k this can happen. Because the market wants to go up fast, it will definitely bring prices to the bottom. A car wants to cross the slope, it must be at the bottom of the slope to gain momentum. This market also.

Ariess

sr. member

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we all know, the market is unstable because of it. today the price is very difficult for us to predict, even how many days bitcoin grows but only temporarily. well this is what I actually anticipated before. I do not know the price of bitcoin will go down deeper but when I check in marketcap its price is currently $$ 6,859
all this time in the last 3 months and now by the fourth month, there is no indication that the market will grow and normal

btc78

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Eloncoin.org - Mars, here we come!

This how those big investors get profit by trending bitcoin just like shitcoins who moves pumps and dumps,and this will not change until we small holders do our part to strengthen the price of this top coins,we don't only value our capacity but the realitu is if we will be hold together this small actions can give big effect to market price,just dont panic and stay stronger in holding

TravelMug

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Quote from: Tilbrook007 on April 04, 2018, 10:07:17 PM

BTC appears to have support around this level: hope so!

I would think that there will be enough buy support to hold the levels around $6500 similar to what we have witnessed last week. When we thought that we are down, suddenly, many investors or daily traders can't resist to buy a lot at $6500 pushing the price to above $7K.

But it looks like that whenever we pushes it in the next 2-3 days, someone will dump causing another panic and then we are back to where we started again. Sad to see that the trend is like this for the last 3 months but all is not lost as I trust that it will bounce back before the end of the year.

Topic: BTC down to 6654 in Japanese time (Read 247 times)