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Topic: Current BTC price below 8K - page 2. (Read 2376 times)

sr. member
Activity: 1274
Merit: 261
★Bitvest.io★ Play Plinko or Invest!
October 16, 2018, 11:08:12 AM
   Glass can be half empty, or half full. Price is still over $6000, that`s a good sign for all of us, very high bottom. My investment with Bitcoins more than
doubled in first year. If every year is like my last year here I will be very rich person in 10 years.
   Current price is good. It`s very high and it`s very strong position. After months on this price I can say that as some fact. It`s hard for Bitcoin to pass
$8000 for some time. When start to rise it will pass much more than that. I wait that, this tiny everyday drops don`t bother me, I have my own vision.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
October 16, 2018, 03:48:11 AM
The price now is on $64xx, but it's possible to increase more and maybe we are going to break $65xx of the price. It still hard to reach $8k this month and perhaps, it will happen in the next month when there is much good news for bitcoin. The good news will support bitcoin to increase higher and sometimes, the response of people will increase too, and it will give impact to the buy and sell order. So, we need to see what will happen in this week and if the price can stay at the price now, then the chance to increase will bigger.
member
Activity: 378
Merit: 10
October 16, 2018, 02:57:25 AM
The decline in cryptocurrencies is always accompanied by many reasons, such as panic selling, negative news, etc. Bitcoin is no exception!
legendary
Activity: 1229
Merit: 1001
October 16, 2018, 02:44:23 AM
its hard for bitcoin to stay above 8000 with so much doubt about tether so much of BTCs volume is in it if it goes down it is taking a huge chunk out of bitcoin with it.
full member
Activity: 434
Merit: 101
October 16, 2018, 12:45:02 AM
I have nothing to worry about bitcoin's market price status whether it's going up or down simply because i have kept my bitcoin for a couple of months now and save it like making a time deposit in the bank. Smiley
full member
Activity: 277
Merit: 100
October 15, 2018, 10:20:58 AM
Do not be disappointed and turn your back on Bitcoin. In my opinion it will return for $ 12,000 at the end of this month. With Bitcoin capitalization going up, this is the basis for the upcoming Bitcoin revival.
member
Activity: 616
Merit: 30
October 15, 2018, 08:04:55 AM
Why bitcoin price keeps going down these days? Is it just the ETF rejection of Vinklevoss twins?
Why ETF has been always blamed by the prices dipping?i think if there’s someone who must blame ,this is those people whoes keep on trusting ETP wioud be accepted.and not doing what is right to keep profiteering even market is drowning.if we will only continue buying and selling cryptocurrency for sure market won’t down this hard
newbie
Activity: 44
Merit: 0
October 15, 2018, 08:00:43 AM
Sadly, the price of Bitcoin has now fallen below $6300, which is a very bad phenomenon, which means that many people are starting to give up Bitcoin!

Surprisingly, but lately Bitcoin price become stable around 6550$ and it's been almost a week now. That's why it's a good sign and the price will start after some time slowly rise.
I think prices have stabilized at $6500 from a few weeks ago, not in this one week period but whatever that, prices have not experienced a deep falling in the past few weeks, which is bearish is over? I think so. and I hope that the slowly rise will occur in this end of the year
Yeah you are right this is very dangerous situation for bitcoin investors. The reason I think is that investment cap is reducing day by day and people are dishearten from their investment in bitcoin and now they are looking towards Altcoin. Due to low demand for bitcoin the price is going down and down. it need more investors to recover its position in the market.
full member
Activity: 2520
Merit: 214
Eloncoin.org - Mars, here we come!
October 15, 2018, 07:20:36 AM
A second ETF application was rejected further and the market reacted more to it than the first...
BEcause many of people around crypo community are relying on that ETF thats why when denial happens,market shakes alot

Why not concentrate in the market value and not for this ETF that’s impossible to happen,theres no assurance and may not happen forever
full member
Activity: 476
Merit: 100
www.daxico.com
October 15, 2018, 06:47:26 AM
Even if bitcoin's market price is below 8,000$ for a couple of months now, at least, it stayed in the 6,000$ mark. But once it will break the 7,000$ mark anytime soon, then it is also possible that it will continue to rise and break some high price marks. I was even surprised today that bitcoin almost hits 7,000$ in just several hours.
member
Activity: 350
Merit: 11
W12 – Blockchain protocol
October 14, 2018, 07:42:15 PM
Why bitcoin price keeps going down these days? Is it just the ETF rejection of Vinklevoss twins?

Its keep average going down because the bearish market is still in effect that most of the experts said that we are still in the middle of it and ETF has nothing to do with this but hopefully the price will bounce back soon as we are already in the 4th Quarter of this year in which most of the famous experts believed  that a bull run will happen before next year so lets wait and see.
member
Activity: 490
Merit: 17
October 14, 2018, 03:09:51 AM
Why bitcoin price keeps going down these days? Is it just the ETF rejection of Vinklevoss twins?
There are many things that has happened to the market and those things has impacted the market negatively for a very long time.  Investments into cryptocurrencies at this time that the price is low is the right thing to do.  I don't think we should look at the current price as disadvantages but as an opportunity to buy low.
jr. member
Activity: 86
Merit: 2
October 14, 2018, 02:34:12 AM
That's been the price of bitcoin almost the entire year now but looking back at the graph on how its market cap and price responded each year, it will always give you a reason to keep on believing that bitcoin will really rise again. Since we are already in the final quarter of the year, i believe that we can see a bullish market once again.
Bitcoin price is below $8k for several months and I think it will remain below till the end of the year. There is no positive sign in the market for growth in the price. Now people hope that the next year will be good form the current year. I think differently and for me time is not concerned, all is about the investment capital and the belief in bitcoin.
member
Activity: 322
Merit: 10
╔►[FILIPINO Translator]◄╝
October 13, 2018, 04:53:06 PM
Bitcoin's price has stayed on that line for almost a year now and in fact, it threatens to go down to 5,000$ in the latest fluctuation of bitcoin and cryptocurrencies. As the year is already ending, it also gives me thrill thinking how bitcoin responds its struggles in the remaining months of 2018.
hero member
Activity: 2632
Merit: 787
Jack of all trades 💯
October 13, 2018, 04:32:46 PM
Why bitcoin price keeps going down these days? Is it just the ETF rejection of Vinklevoss twins?

Reason is unknown and this is crypto's nature to have a fall and hike. I am sure this should be a last fall for this 4th Quarter.

The fuds came is been the reason on why the bitcoin, eth and other altcoins downfall and this current state is serious matter since the price keep declining eventhough we are in October of the month and looks like we cannot feel those 2017 bull run event at this moment. But hope there's a good factor that can ease all things so that the price would climb at $8k to neutralize the doubting minds.
hero member
Activity: 882
Merit: 517
cloverdex.io
October 13, 2018, 03:01:14 PM
Why bitcoin price keeps going down these days? Is it just the ETF rejection of Vinklevoss twins?

Reason is unknown and this is crypto's nature to have a fall and hike. I am sure this should be a last fall for this 4th Quarter. We have been seeing a constant growth in last few weeks. And let's look at the positive progress. The price does not go below certain price and this keeps Bitcoin holders more vibrant and confident. Do not worry about the fluctuation and we need it in crypto. Fluctuations are the object to its growth.
hero member
Activity: 2814
Merit: 734
Bitcoin is GOD
October 13, 2018, 12:20:17 PM
That's been the price of bitcoin almost the entire year now but looking back at the graph on how its market cap and price responded each year, it will always give you a reason to keep on believing that bitcoin will really rise again. Since we are already in the final quarter of the year, i believe that we can see a bullish market once again.
It seems a lot of people have the very same hope that the price of bitcoin is somehow going to recover at the end of this year, I'm not against it because that will mean that I will recover some of the money that I lost, but I find this to be very unlikely, I really think that is going to take years for recovery to happen and even if the price at the end of the year began to make some kind of recovery it is not going to last, because there are many people that are waiting for a small recovery to happen to begin selling their coins.

So even if a recovery were to happen it is going to be short lived and since I am invested in bitcoin for the long term I really do not care about those small corrections, I want to see a bull market and that is not going to happen at the end of this year.
member
Activity: 406
Merit: 19
October 12, 2018, 04:59:48 PM
The market is really sensitive to these ETF news now, so the current price moves shouldn't be surprising. The media have convinced noobs that we'll have a new bull run this year fueled by ETF approval, so speculators are selling every time an ETF gets rejected. I'm going to trade with small amounts just for fun and to test my skills, so far I've sold a bit at $8,300 and planning to rebuy at below $7,000.
So, plan short-term profit trading could be safe option for now, isn't. With price now below $8k, many people should be ready to take buy position before price bounce back, ETH affect always being media consumption that makes market react fast.

you mean ETF not ETH!
and i don't know there is still a chance that by the deadline of this hyped up ETF we see a drop and up until that point we may see a lot of different things inclucing a big rise.
if you aren't already in then maybe it is best to wait because this is one of those times when market is mostly unpredictable.

LOL

We should not only depend on ETFs because we don't know exactly the intentions of the people behind them.

Right, waiting is better than selling. But by buying, it might be even better if combined with waiting, because this strategy is an absolute strategy which can increase the growth of bitcoin prices.
STT
legendary
Activity: 4088
Merit: 1452
October 12, 2018, 01:40:48 AM
Surprisingly, but lately Bitcoin price become stable around 6550$ and it's been almost a week now. That's why it's a good sign and the price will start after some time slowly rise.

Its broken out of a triangle down to support and then is rising from that support.  I'm told 6600 is a good target for that bounce but overall I wanted a break upwards not this reset and rewind which overall is not gaining anything overall.   Here is a chart showing that support line -

member
Activity: 350
Merit: 10
October 11, 2018, 11:09:24 PM
It's been already in that mark since the start of the bullish market. Until now, the price started to shrink where the hopes of a bull run has started to fade too. If Bitcoin will rise and break the 7,000$ mark this month, i expect that it will continue to grow since then before this year ends.
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