Can Bitcoin get to drop to $5,000 and below in 2018 - page 2.

blockman

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Quote from: justbfa on August 05, 2018, 05:05:12 PM

Quote from: Florina1990 on August 02, 2018, 06:55:04 AM

No. I think bitcoin will not drop to 5k this year. Just don't listen to fud and not sell your bitcoin low. The best is to hold.

Most hilarious comment!
Of course the wise one wouldn't sell of his or her digital gold.
Come to think of it, we only have BTC21 million that will ever be mined.
Do you now see reason why at least we should have BTC1 and keep as a digital gold for the future.

And don't forget that halving will come on 2020.

Few bitcoins left to mine but the difficulty will increase year after year and the last bitcoin will be mined after roughly 100 years. The reason why we should keep at least one bitcoin in the future is we're not yet into mass adoption. But once majority and almost people in the world are into bitcoin, you'll see a spike to its price.

justbfa

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Quote from: Florina1990 on August 02, 2018, 06:55:04 AM

No. I think bitcoin will not drop to 5k this year. Just don't listen to fud and not sell your bitcoin low. The best is to hold.

Most hilarious comment!
Of course the wise one wouldn't sell of his or her digital gold.
Come to think of it, we only have BTC21 million that will ever be mined.
Do you now see reason why at least we should have BTC1 and keep as a digital gold for the future.

justbfa

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Quote from: ipanks on August 03, 2018, 10:55:38 PM

Quote from: justbfa on August 01, 2018, 06:00:00 PM

Are we on our way back to $5,000? Huh

maybe yes, maybe no. there still possibilities for bitcoin to get a drop to $5000 in this year but I don't think that it will happen. maybe we see the lowest of bitcoin price is at $6k yesterday. don't be too worried if there are a people or group that saying bitcoin price will drop to $5000 because there just spreading a bad news and they have a purpose to make people become panic so they can get bitcoin at the lower price.

The market is unpredictable. Whales are looking for loopholes to further benefit.

justbfa

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Quote from: qiman on August 03, 2018, 11:06:52 PM

I think it could drop to around 5k usd if the EFT for the CBOE is not accepted by the SEC and is disregarded. That will create I think a big sell off and we will lose at least 30% of the marketcap and go down to around 180 billion to 200 billion USD. I think that is the most likely scenario if this big event we are all waiting for does not transpire. This surge in price the last month has the CBOE factored in and a bull run if it does happen will most likely not come this year, even if the EFT IS accepted.

I think the EFT bill will be accepted, but some cartels and whale (friend of the government) may likely wants to play some level of high politics and take advantage, influence some decision and cause some FUD, then after the community has sold off their BTC and they whales have bought it off, then the good news will come in and... we all know the rest.

justbfa

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Quote from: deppil on August 03, 2018, 11:35:18 PM

Quote from: justbfa on August 01, 2018, 07:20:29 PM

Quote from: bitcoin31 on August 01, 2018, 06:22:51 PM

Bitcoin already drop 5000 dollars plus but the price now is near at 7900 dollars and I think it will increase again the price more and 10k dollars to 15k dollars this month. I don't think below 5000 will happen this year.

I hope so as well.
But all things are possible.

Yeah before we had experienced a decline to that price. and now the price has recovered and had exceeded the price of $8k and then back down. I think anything could possibly happen. but I think that the price will go up again and maybe it will reach $ 10 k again soon

Quote

I think anything could possibly happen

That's the word. Any is possibly happen.

deppil

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Quote from: justbfa on August 01, 2018, 07:20:29 PM

Quote from: bitcoin31 on August 01, 2018, 06:22:51 PM

Bitcoin already drop 5000 dollars plus but the price now is near at 7900 dollars and I think it will increase again the price more and 10k dollars to 15k dollars this month. I don't think below 5000 will happen this year.

I hope so as well.
But all things are possible.

Yeah before we had experienced a decline to that price. and now the price has recovered and had exceeded the price of $8k and then back down. I think anything could possibly happen. but I think that the price will go up again and maybe it will reach $ 10 k again soon

qiman

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I think it could drop to around 5k usd if the EFT for the CBOE is not accepted by the SEC and is disregarded. That will create I think a big sell off and we will lose at least 30% of the marketcap and go down to around 180 billion to 200 billion USD. I think that is the most likely scenario if this big event we are all waiting for does not transpire. This surge in price the last month has the CBOE factored in and a bull run if it does happen will most likely not come this year, even if the EFT IS accepted.

ipanks

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Quote from: justbfa on August 01, 2018, 06:00:00 PM

Are we on our way back to $5,000? Huh

maybe yes, maybe no. there still possibilities for bitcoin to get a drop to $5000 in this year but I don't think that it will happen. maybe we see the lowest of bitcoin price is at $6k yesterday. don't be too worried if there are a people or group that saying bitcoin price will drop to $5000 because there just spreading a bad news and they have a purpose to make people become panic so they can get bitcoin at the lower price.

Florina1990

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No. I think bitcoin will not drop to 5k this year. Just don't listen to fud and not sell your bitcoin low. The best is to hold.

justbfa

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Quote from: arthotdog on August 01, 2018, 11:05:05 PM

Quote from: justbfa on January 17, 2018, 09:19:00 AM

With the massive drop (bearish) in bitcoin in the past few days (January 2018)
Is it possible for the Bitcoin community to witness another bearish that can make bitcoin drop to $5,000 and below.

Kindly comment from the point of:
The power of the government and their regulation
vs
The oneness voice and power of the people (community) to withstand any unlawful regulations and manipulations

Happy to say that this yet happen and im praying this will never be because were past half year,and bringing bitcoin to that level will only make the market rattle and this again in favor of the big capitalist thats calls Whales

I regret having bellow five thousand dollars price,we are now going high and not drops

Whales control the market no doubt about that.
I pray it works in our favour (bitcoin community)

arthotdog

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Quote from: justbfa on January 17, 2018, 09:19:00 AM

With the massive drop (bearish) in bitcoin in the past few days (January 2018)
Is it possible for the Bitcoin community to witness another bearish that can make bitcoin drop to $5,000 and below.

Kindly comment from the point of:
The power of the government and their regulation
vs
The oneness voice and power of the people (community) to withstand any unlawful regulations and manipulations

Happy to say that this yet happen and im praying this will never be because were past half year,and bringing bitcoin to that level will only make the market rattle and this again in favor of the big capitalist thats calls Whales

I regret having bellow five thousand dollars price,we are now going high and not drops

justbfa

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Quote from: marcbitcoins on August 01, 2018, 08:50:29 PM

Quote from: justbfa on January 17, 2018, 09:19:00 AM

With the massive drop (bearish) in bitcoin in the past few days (January 2018)
Is it possible for the Bitcoin community to witness another bearish that can make bitcoin drop to $5,000 and below.

Kindly comment from the point of:
The power of the government and their regulation
vs
The oneness voice and power of the people (community) to withstand any unlawful regulations and manipulations

Everything is possible to happen specially Bitcoin price is really unpredictable. We are in the month of August now in which this is the month that Bitcoin start to climb up after the fork and this is the end quarter of the year that most of bullish predictions are expecting to start. There is nothing we can do but to wait and see as there is no one could really tell the future of Bitcoin price for this year.

I quite agree with you.
We all know that it's no longer news that drop price of Bitcoin in the recent past has created horrifying noise around the world particularly in cryptocurrency circles there is utter confusion. This chaotic scenario has ensured the widest public that Bitcoin is expiring. As a matter of fact, the demand for the Bitcoin is highly volatile, that is making the most capitalized virtual currency even the most unreliable preserve of value.

But then, what about Blockchain?

A good news is here; the technology behind Bitcoin, which is Blockchain is booming and is having an every opportunity for becoming a game changer for a wide range of Fintech companies, that are not at all limited by cryptocurrency transactions
Bitcoin can crash only if it is worthless but is it? One fact remains that governments around the world are showing interest in legalizing, regulating or taxing this cryptocurrency which shows there is actual interest to adopt this digital currency as an alternative to flat currency.

But the fact still remain the same, because the industry is young and unpredictable, and anything is possible.

marcbitcoins

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Everything is possible to happen specially Bitcoin price is really unpredictable but we are in the month of August now in which this is the month that Bitcoin start to climb up after the fork and by next month the start of the 4th Quarter in which most of bullish predictions are expecting to start. Therefore we should wait and see that hopefully Bitcoin price will not fall down but instead it will soar to reach the ATH again by this year.

justbfa

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Quote from: entrepmind23 on August 01, 2018, 07:58:21 PM

Quote from: bitcoin31 on August 01, 2018, 06:22:51 PM

Bitcoin already drop 5000 dollars plus but the price now is near at 7900 dollars and I think it will increase again the price more and 10k dollars to 15k dollars this month. I don't think below 5000 will happen this year.

Well, as of this writing bitcoin price is around $7,600 and it's not that far from $5,000. If those big holders of coins wills to drop the price more then they can do it because they have the power. They can just have a sell off and along with FUD then they can possibly drop it some more. Looking at the shorts and longs, shorts are dropping and longs are increasing so there is a possibility that the price would continnue to go up along with the anticipation of good news regarding ETF.

entrepmind23!
You are just few among the people that understand my thought.
The few cartel and power that be, that hold and control the larger percentage of bitcoin can actual cause a lot of calamity just for selfish and personal gain.

Honestly you deserve merits but unfortunately i'm merit-less...ha ha Grin

entrepmind23

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Quote from: bitcoin31 on August 01, 2018, 06:22:51 PM

Bitcoin already drop 5000 dollars plus but the price now is near at 7900 dollars and I think it will increase again the price more and 10k dollars to 15k dollars this month. I don't think below 5000 will happen this year.

Well, as of this writing bitcoin price is around $7,600 and it's not that far from $5,000. If those big holders of coins wills to drop the price more then they can do it because they have the power. They can just have a sell off and along with FUD then they can possibly drop it some more. Looking at the shorts and longs, shorts are dropping and longs are increasing so there is a possibility that the price would continnue to go up along with the anticipation of good news regarding ETF.

justbfa

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Quote from: bitcoin31 on August 01, 2018, 06:22:51 PM

Bitcoin already drop 5000 dollars plus but the price now is near at 7900 dollars and I think it will increase again the price more and 10k dollars to 15k dollars this month. I don't think below 5000 will happen this year.

I hope so as well.
But all things are possible.

bitcoin31

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Bitcoin already drop 5000 dollars plus but the price now is near at 7900 dollars and I think it will increase again the price more and 10k dollars to 15k dollars this month. I don't think below 5000 will happen this year.

justbfa

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Are we on our way back to $5,000? Huh

CybereyesWinger

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Quote from: justbfa on January 17, 2018, 09:19:00 AM

With the massive drop (bearish) in bitcoin in the past few days (January 2018)
Is it possible for the Bitcoin community to witness another bearish that can make bitcoin drop to $5,000 and below.
Kindly comment from the point of:
The power of the government and their regulation
vs
The oneness voice and power of the people (community) to withstand any unlawful regulations and manipulations

Warning! Without certain experience, Trading and Hodling are risky. The most acceptable method of investing at the moment is ICO. For a more successful contribution, you need to carefully analyze the project. Identify is necessary for the market side. For example, the Kelvin Blockchain project has an innovative method of encryption, transmission, storage, and security. All this is based on quantum computing. Thus becoming in demand in the future. With the coming quantum technologies, the current market must experience many changes. To be more exact, many coins will leave the market, as there will simply be no demand for them, due to the same technological superiority.

justbfa

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Quote from: LuciferEveningStar on July 13, 2018, 11:58:58 AM

Quote from: justbfa on January 17, 2018, 09:19:00 AM

With the massive drop (bearish) in bitcoin in the past few days (January 2018)
Is it possible for the Bitcoin community to witness another bearish that can make bitcoin drop to $5,000 and below.

Kindly comment from the point of:
The power of the government and their regulation
vs
The oneness voice and power of the people (community) to withstand any unlawful regulations and manipulations

In my own opinion, there is no way for bitcoins to go down again below $5k dollars because there are too many investors in the market now a days and most of them are still holding their coins.

I quite agree with you, but if the market (support) drop beyond investors calculation (stop loss), there is probability that investors can cash out which can further have a negative impact on Bitcoin market.

All things are possible!

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