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Topic: Crash time 6,800$ (Read 604 times)

hero member
Activity: 1834
Merit: 523
November 10, 2017, 05:43:35 PM
#29
I hope bitcoin price will not down at 5000 dollars because I want to see bitcoin price increase not to decrease.
But we don't know what actually happen to bitcoin maybe it will increase the price again or it will decrease more.
For sure many people as of now want bitcoin price decrease because they want to buy bitcoin with cheap price.
full member
Activity: 477
Merit: 102
Radix-The Decentralized Finance Protocol
November 10, 2017, 05:30:57 PM
#28

It would be nice to have a period of consolidation where bitcoin moves sideways for a few months. We've had enough drama to last a lifetime, and it needs to establish a floor for the price before it makes it's next move up.
Agree. We need some time to make money on alts. It seems impossible when bitcoin grows.
legendary
Activity: 3290
Merit: 16489
Thick-Skinned Gang Leader and Golden Feather 2021
November 10, 2017, 02:02:59 PM
#27
For me it is funny that every time when we have some correction, uncertainty backed by price dip there are voices like this:
"Is this the beginning of the end for bitcoin? Should I switch to Bitcoin cash? Should I get my money out?"
These "crashes" are designed to make people panic, and it works flawlessly.
$6500 now, the same as it was just 9 days ago, when it was called an ATH.
full member
Activity: 760
Merit: 109
PredX - AI-Powered Prediction Market
November 10, 2017, 01:51:02 PM
#26
Yeah you are right.  Bitcoin already dump around 6900$ and now 1 Bitcoin equals 6828.06 US Dollar. Possible to go down more but i Always believe in bitcoin and i think bitcoin able to recover its price within 1 month and  obviously can hit 10k dollsr or more in the next few months
hero member
Activity: 1218
Merit: 557
November 10, 2017, 12:36:23 PM
#25
small correction because crash make back to 5,000$ like what happen at china ban

If we consider in past 2 days from 7800$ rise the market has today fallen over 1000$ and is trading at 6700$ below. Is it a big crash coming as fork got cancelled and then went high and then started to fall. Ideally it should bounce back but just need to see if there is any demand in the market.
legendary
Activity: 1862
Merit: 1004
November 10, 2017, 12:35:51 PM
#24
For me it is funny that every time when we have some correction, uncertainty backed by price dip there are voices like this:
"Is this the beginning of the end for bitcoin? Should I switch to Bitcoin cash? Should I get my money out?"
Guys, hold your horses, stop whining, stop overthinking everything, look in the rear mirror to see that something like this happened MANY times in the past.
It is great opportunity to buy more Bitcoins, nothing more.
newbie
Activity: 36
Merit: 0
November 10, 2017, 12:30:12 PM
#23
small correction because crash make back to 5,000$ like what happen at china ban
hero member
Activity: 2240
Merit: 848
November 10, 2017, 11:49:15 AM
#22
bitcoin drooped from 7,000$ range today and keep down do you think price will crash back to 5,000$ or this small correction

You are too quick to judge and call it a crash, $6800 is still a good price imho. I think you have too much expectations on the price and that it very wrong. And sooner or later a price correction is needed because the price is really going up really fast and that is not sustainable in the long term.

And when segwit officially cancelled, its only logical that correction is then coming. But is not a crash that you are talking about. If is going to crash then we should be seeing a huge drop but we didn't and I consider 6800$ a strong price. Are you not satisfied with 6800$ though?

Exactly. A crash would test $5000 base, just like the crash from $5000 tested the $3000 base. Now it could still drop more. But seeing as how this is just a correction from people moving back into altcoins since the fork was cancelled, it will likely not turn into a crash and is instead just a correction that will consolidate somewhere in the 6000s before hitting new ATH in the 8000s and 9000s by end of the year, maybe even taking a run at $10k next month.
hero member
Activity: 2842
Merit: 772
November 10, 2017, 11:41:59 AM
#21
bitcoin drooped from 7,000$ range today and keep down do you think price will crash back to 5,000$ or this small correction

You are too quick to judge and call it a crash, $6800 is still a good price imho. I think you have too much expectations on the price and that it very wrong. And sooner or later a price correction is needed because the price is really going up really fast and that is not sustainable in the long term.

And when segwit officially cancelled, its only logical that correction is then coming. But is not a crash that you are talking about. If is going to crash then we should be seeing a huge drop but we didn't and I consider 6800$ a strong price. Are you not satisfied with 6800$ though?
legendary
Activity: 2179
Merit: 1201
November 10, 2017, 11:37:33 AM
#20
Most of us are traumatized from the gox crash that looked like it will never end.
legendary
Activity: 1652
Merit: 1088
CryptoTalk.Org - Get Paid for every Post!
November 10, 2017, 11:29:07 AM
#19
Although $5000 value isn't really that low I wish it will not go that far, and we can really see that the price of bitcoin really stay in the $6800 this time, well if this price doesn't go down tomorrow I think this can be a safe zone for the price of bitcoin, let's just hope it is because I really want us to get to the $8000 by the end of November and would pinpoint the $9000 by next year.

It isn't. Bitcoin was only $1000 in January, so it's done extremely well.

It would be nice to have a period of consolidation where bitcoin moves sideways for a few months. We've had enough drama to last a lifetime, and it needs to establish a floor for the price before it makes it's next move up.
hero member
Activity: 980
Merit: 500
November 10, 2017, 11:21:34 AM
#18
Although $5000 value isn't really that low I wish it will not go that far, and we can really see that the price of bitcoin really stay in the $6800 this time, well if this price doesn't go down tomorrow I think this can be a safe zone for the price of bitcoin, let's just hope it is because I really want us to get to the $8000 by the end of November and would pinpoint the $9000 by next year.
sr. member
Activity: 476
Merit: 256
November 10, 2017, 11:04:19 AM
#17
this is not a crash. This is the normal vibration of bitcoin. when prices rise too fast and too high in the short term there will be times like this price adjustment. trader target profit so the number of Bitcoin sold out many lead to a reduced price. We were too familiar with it
I think the price will not drop $5000
member
Activity: 378
Merit: 12
November 10, 2017, 10:58:03 AM
#16
i hope that bitcoin will reach 5000-5500$ so I could buy more  Grin
full member
Activity: 477
Merit: 102
Radix-The Decentralized Finance Protocol
November 10, 2017, 10:52:56 AM
#15
bitcoin drooped from 7,000$ range today and keep down do you think price will crash back to 5,000$ or this small correction
Correction 30-40% is normal and it is too early to speek about it. May be tomorrow bitcoin will restore its position or even go into growth.
sr. member
Activity: 533
Merit: 251
November 10, 2017, 10:51:33 AM
#14
bitcoin drooped from 7,000$ range today and keep down do you think price will crash back to 5,000$ or this small correction

It is over.

https://www.coindesk.com/bitcoin-classic-announces-closure-in-wake-of-segwit2x-suspension/
hero member
Activity: 2240
Merit: 848
November 10, 2017, 10:44:14 AM
#13
yet to be seen if this is a crash. A crash would fall close to the $5000 base before springing back up. Right now at high 6000s its just a normal correction from people moving back into altcoins. I'd expect maybe a stabilization of the price in the 6000s or low 7000s before starting another boom in a few weeks towards $9/10k.
hero member
Activity: 1484
Merit: 516
November 10, 2017, 10:42:25 AM
#12
bitcoin drooped from 7,000$ range today and keep down do you think price will crash back to 5,000$ or this small correction
Only a transient decline since all the ALT rose yesterday,it's now the BTC 6818usd price but this is only a small temporary correction occurring.It looks like there is a whale that switch to ALT yesterday I think it will not last long dude,don't panic take your attitude.
newbie
Activity: 28
Merit: 0
November 10, 2017, 10:38:57 AM
#11
Do you understand what a logarithm function is?  Grin Grin Grin
Yes. Do you? It's the only way to look at price development if you want to call something a crash.
Can I choose another way to look at price development?
full member
Activity: 1106
Merit: 166
★777Coin.com★ Fun BTC Casino!
November 10, 2017, 10:29:42 AM
#10
bitcoin drooped from 7,000$ range today and keep down do you think price will crash back to 5,000$ or this small correction

I am little worried about this price drops because currently i am holding some bitcoins i expect the bitcoin will hit $ 10000 in the january 2018 but the price is decreased $ 1000 in a week,i am confused what gonna happen will it continue to fall or will recover soon.
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