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Topic: BTC down to 6654 in Japanese time (Read 285 times)

newbie
Activity: 2
Merit: 0
April 06, 2018, 06:22:15 PM
#32
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.

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 ?
sr. member
Activity: 1330
Merit: 291
April 06, 2018, 05:25:06 PM
#31
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.
legendary
Activity: 3374
Merit: 3095
Playbet.io - Crypto Casino and Sportsbook
April 06, 2018, 05:08:55 PM
#30
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.

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.
legendary
Activity: 2576
Merit: 1655
April 06, 2018, 04:44:50 PM
#29
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.
hero member
Activity: 2338
Merit: 953
Temporary forum vacation
April 06, 2018, 03:08:23 PM
#28
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?
newbie
Activity: 2
Merit: 0
April 06, 2018, 12:42:08 PM
#27
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 ?
full member
Activity: 378
Merit: 101
April 06, 2018, 12:19:44 PM
#26
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.
sr. member
Activity: 2604
Merit: 338
Vave.com - Crypto Casino
April 06, 2018, 10:46:34 AM
#25
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.
sr. member
Activity: 742
Merit: 255
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April 06, 2018, 10:10:40 AM
#24
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.
newbie
Activity: 240
Merit: 0
April 05, 2018, 04:03:36 AM
#23
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.
legendary
Activity: 3542
Merit: 1965
Leading Crypto Sports Betting & Casino Platform
April 05, 2018, 12:29:50 AM
#22
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^
jr. member
Activity: 126
Merit: 3
April 05, 2018, 12:17:36 AM
#21
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!
member
Activity: 518
Merit: 11
April 05, 2018, 12:11:39 AM
#20
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.
member
Activity: 224
Merit: 19
April 05, 2018, 12:07:29 AM
#19
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.

newbie
Activity: 252
Merit: 0
April 05, 2018, 12:06:12 AM
#18
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.
full member
Activity: 379
Merit: 100
April 05, 2018, 12:02:43 AM
#17
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.
newbie
Activity: 178
Merit: 0
April 04, 2018, 11:56:57 PM
#16
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.
sr. member
Activity: 546
Merit: 250
April 04, 2018, 11:50:18 PM
#15


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
full member
Activity: 2520
Merit: 214
Eloncoin.org - Mars, here we come!
April 04, 2018, 11:41:25 PM
#14
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
hero member
Activity: 2632
Merit: 833
April 04, 2018, 11:34:18 PM
#13
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.
hero member
Activity: 1890
Merit: 831
April 04, 2018, 11:26:09 PM
#12
Amid all the predictions done on bitcoin that it will rise soon, no substamtial  progress have been seem so far till now. This pattern alsp kind of reveals that the sutuation wont be getting better very soon. May be this dip is going to see a tough time getting out of the pit. No wonders many new cryptos are flourishing in the hard time of bitcoin. Allot of userbase have partially or completely shifted to other patforms and bitcoin appears to be quite dry for now. Hope it revives soon.
newbie
Activity: 196
Merit: 0
April 04, 2018, 10:39:48 PM
#11
maybe this month the bitcoin price drops the price to $ 6500 this is a good opportunity for me to buy bitcoin and I will hold it, and sell it where the bitcoin price starts to peak, buy bitcoin at the time the price is down it may be a good move to find a profit in its foreseeable future.
legendary
Activity: 1456
Merit: 1023
April 04, 2018, 10:29:02 PM
#10
Last week i bought btc at around 6800, sold it few days ago at around 7400 just before btc dips. As of writing btc is at around 6600. Will buy again if reaches 6500 mark.

Yeah, small profits, but profits will be profits whether big or small!

I think whales are manipulating the market to get the result you got but they do it on a large scale!

I don't know who is manipulating these prices but it looks like not soon BTC prices going to recover. I think even by end of this year also not sure whether we can see a 10K range. Many of the week hands will sell off in this downturn and only people who believe in Bitcoin may hold on to it to see future profits. I sold some coins around 15K range and still holding some but now started to buy in small amount again. Maybe I will get a chance to sell again around 15K later on.
member
Activity: 350
Merit: 10
April 04, 2018, 10:15:09 PM
#9
This would be a good opportunity if bitcoin really slumped the price down to $ 6500, and this became an opportunity to buy and gain in front of the eye.
jr. member
Activity: 294
Merit: 3
April 04, 2018, 10:13:06 PM
#8
Last week i bought btc at around 6800, sold it few days ago at around 7400 just before btc dips. As of writing btc is at around 6600. Will buy again if reaches 6500 mark.

Yeah, small profits, but profits will be profits whether big or small!

I think whales are manipulating the market to get the result you got but they do it on a large scale!
member
Activity: 448
Merit: 10
April 04, 2018, 10:05:18 PM
#7
Will BTC go sub 6500 USD Today

Yes, It seems that bitcoin is again experiencing another bearish dip this time and I think that the resistance is strong enough that it had hampered the price growth of BTC. Consider the current price dip as an opportunity in buying BTC again since it may increase in the coming weeks to come just like what happened last time. Definitely, this will give again a new profit gain soon and HODL your btc while waiting the recovery.
newbie
Activity: 106
Merit: 0
April 04, 2018, 10:03:22 PM
#6
Last week i bought btc at around 6800, sold it few days ago at around 7400 just before btc dips. As of writing btc is at around 6600. Will buy again if reaches 6500 mark.

Yeah, small profits, but profits will be profits whether big or small!
member
Activity: 458
Merit: 10
April 04, 2018, 09:58:09 PM
#5
I think it's enough that there's a drop in the bitcoin price, and if it still comes down again it would be a good thing for me, because I've been waiting for bitcoin prices to degrade prices and I buy to find a long period of time.
jr. member
Activity: 176
Merit: 1
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April 04, 2018, 09:32:26 PM
#4
Let's wait and see it together and I believe bitcoin will go down to $ 6500, and that's where I'll buy it, I'll wait.
jr. member
Activity: 93
Merit: 4
April 04, 2018, 09:08:49 PM
#3
It's true that I believe bitcoin will go again at $ 6500, buy and buy, this is a great opportunity to buy bitcoin and invest, I'm sure if you do definitely big profits you will get.
jr. member
Activity: 294
Merit: 3
April 04, 2018, 09:07:17 PM
#2
BTC appears to have support around this level: hope so!
jr. member
Activity: 294
Merit: 3
April 04, 2018, 09:03:43 PM
#1
Will BTC go sub 6500 USD Today
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