Dangerous price area - page 2. | Bitcointalksearch.org

gabmen

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Quote from: Taki on September 26, 2018, 11:13:40 AM

As we can see through all this months bitcoin cannot break 6800$ point. But the day it will happen I do not see any special reasons to affect on mining, because of even 20000 $ point didn't make anything special with that area of crypto business.

Well mining with thrive when btc is up since miners will be one if the firsts to make profit out of it. And we know that the price can break that 6.8k in an instant. It happened several times already in a span of a few hours.

Taki

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As we can see through all this months bitcoin cannot break 6800$ point. But the day it will happen I do not see any special reasons to affect on mining, because of even 20000 $ point didn't make anything special with that area of crypto business.

Wall_Streeet

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bitcoin farms will be able to produce bitcoin further if the complexity decreases and there is an increase in the reward for the block, so everything is dictated by the market.

Baggong

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I think the dangerous bitcoin price area is when it is under $ 5000, I'm sure bitcoin will be difficult to recover when it drops below $ 5000, and I'm happy this year the price of bitcoin has never reached $ 5000 or less.

thichtieuthuong

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In my opinion this price will be broken in October and i think it will be around $ 7,200. And the current price is $ 6,464 and i think Bitcoin is the bottom.

Dr.Osh

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Quote from: gtglener on September 26, 2018, 03:25:01 AM

Quote from: Tigorss on September 21, 2018, 09:54:42 AM

bitcoin prices have not been experienced lately, there is the price that is most feared is the price reaches the lower level until 6k or more this is what many people fear, we hope that with prices like this is not achieved.

The lower area is most fearful for those who have already invested here in the Bitcoin will be more worried about it. On the other hand new investors will find it heaven to invest freely without any high cost rates as it is well available and affordable on low price.

This cheap price availability made it favorable for new investors and I think that we should not get late because the price has started to increase from yesterday.

for price issues, I don't know. we don't know when prices get worse, and we don't know what limits. well now the price also looks lower. well, because we can be a big risk for investors who invest in this road.

gtglener

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Quote from: Tigorss on September 21, 2018, 09:54:42 AM

bitcoin prices have not been experienced lately, there is the price that is most feared is the price reaches the lower level until 6k or more this is what many people fear, we hope that with prices like this is not achieved.

The lower area is most fearful for those who have already invested here in the Bitcoin will be more worried about it. On the other hand new investors will find it heaven to invest freely without any high cost rates as it is well available and affordable on low price.

This cheap price availability made it favorable for new investors and I think that we should not get late because the price has started to increase from yesterday.

TheUltraElite

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So anyway, I applied as a merit source :)

Quote from: Globalbitcoinl on September 24, 2018, 01:21:44 AM

it is impossible to say for sure that this level is strong or weak, because we have seen many times how bitcoin grew without stopping after a long correction

See the easy way to decide whether a certain point is strong or weak is to check the orderbook for the trades around that price. If you see bitcoin has a large support level at the 6000k USD mark and at 6100 - 6200 USD marks. This means that even if the market is bearish it will not drop easily before someone dumps huge amounts to break that wall. But things can get really messy at times since trading is highly speculative and idiots are full of nonsense BS in every social media.

I wont say its impossible but you can make calculated guesses at these points on how to place orders.

iv4n

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Quote from: DaughterOFbitcoin on September 24, 2018, 01:27:06 AM

Quote from: changxia on September 18, 2018, 04:15:27 AM

You don't have to worry about the price of Bitcoin, although it has now fallen below $6300, but it will rebound soon because the whales won't let Bitcoin fall below $6000.

In these days the price of bitcoin is almost constant and there is n big bump and dump in the price. I do not worry about the price of bitcoin but when you invest in something you will want to earn some money but if there are no signs of increasing value then definitely you will be disappointed and may withdraw your money from such place. Bitcoin is the same for all investors these days.

Not days, it's like that for months already. We touched bottom long time ago, from March this year price is holding pretty good, we had few spikes, traders had chances to earn from that, holders are calm price have good stronghold. What I read here on forum is crazy, why would anyone be disappointed if price don't rise a lot, that will not happen over night, we need to wait a long time, for years maybe to see huge price rise. I think that will happen for couple years only, until that moment price will maybe go to 10k dollars, but big maybe, I think we will have this price between 6 and 7 thousand dollars, with occasionally spikes and dips, who spot them will have chance to earn something, for others its good to prepare for long waiting.

DaughterOFbitcoin

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Quote from: changxia on September 18, 2018, 04:15:27 AM

You don't have to worry about the price of Bitcoin, although it has now fallen below $6300, but it will rebound soon because the whales won't let Bitcoin fall below $6000.

In these days the price of bitcoin is almost constant and there is n big bump and dump in the price. I do not worry about the price of bitcoin but when you invest in something you will want to earn some money but if there are no signs of increasing value then definitely you will be disappointed and may withdraw your money from such place. Bitcoin is the same for all investors these days.

Globalbitcoinl

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it is impossible to say for sure that this level is strong or weak, because we have seen many times how bitcoin grew without stopping after a long correction

traderethereum

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It seems the price stays at a price now and don't go down too thick but I am not sure about this because the price can move at any price in the next few hours. But I think, we are not in the dangerous price area, and I think the price can go to the higher rate in this week or the next month and right now, the price is stable at the position now. The price still up and down in the range $6,5xx-$6,7xx and perhaps it will stay for a long before the price increase. We will see another increase soon, so it is better to prepare.

Luckym7

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If you have a better knowledge about cryptocurrency trading so you must follow support and resistant. When you see market brake down in support so you feel after sometime later it is possible to pumping or if you see resistant brake down so it is possible to dump so you like to feel that is going to dangerous price area.

cryptojac17

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Quote from: beerlover on September 23, 2018, 04:24:32 AM

Right now it is at those levels.
It can go to 7.2 thousand dollar levels in 24 hours or it can go down to 6 thousand dollar levels tomorrow.

We will never know what it will do but if you ask me it may go down once again, if it was going up it would have not stopped, bitcoin price increases do not stop until it reaches its final destination, they usually go up in a steady fashion and not with installments, it means to me that the bitcoin price hit its current max and will go down instead of going further up.

Nevertheless I might be wrong, it may go up too, it is just too difficult to speculate and trade based on what will happen next.

Volatility is the main reason why price still at a dangerous situation right now mate, and it might go up when demand became stable. Although its hard to speculate but still lot of holders had a strong faith that all coins with a good community will surge back to much higher and profitable price in the market.

beerlover

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Right now it is at those levels.
It can go to 7.2 thousand dollar levels in 24 hours or it can go down to 6 thousand dollar levels tomorrow.

We will never know what it will do but if you ask me it may go down once again, if it was going up it would have not stopped, bitcoin price increases do not stop until it reaches its final destination, they usually go up in a steady fashion and not with installments, it means to me that the bitcoin price hit its current max and will go down instead of going further up.

Nevertheless I might be wrong, it may go up too, it is just too difficult to speculate and trade based on what will happen next.

Gleoth

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Quote from: cryptowolfsu on September 22, 2018, 06:35:45 PM

Some mining farms facing issues with their profitability at current BTC prices as it trades on break-even cost
of mining. Miner`s earning has declined significantly as the mining difficulty has increased and the BTC price
decreased. This is not a problem worldwide as it depends on the price of electricity and there are still countries
where it is cheaper and the mining is still profitable.

I think that this is not time to sell what they mine. Propably they sold on high and they have for current electricity bills. But it will interesting what will happend when current market cap will not rise and stay on same level during next years the will wait or maybe sell their gear xD.

Altero

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Quote from: cryptowolfsu on September 22, 2018, 06:35:45 PM

Some mining farms facing issues with their profitability at current BTC prices as it trades on break-even cost
of mining. Miner`s earning has declined significantly as the mining difficulty has increased and the BTC price
decreased. This is not a problem worldwide as it depends on the price of electricity and there are still countries
where it is cheaper and the mining is still profitable.

It is just normal when we base on market demand. It came to happen that there is a huge decline of the market and makes miners shaken up. But of course, they're still need to continue and consider these things as a part of crypto investment in order to survive, otherwise they will loss everything.

cryptowolfsu

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Some mining farms facing issues with their profitability at current BTC prices as it trades on break-even cost
of mining. Miner`s earning has declined significantly as the mining difficulty has increased and the BTC price
decreased. This is not a problem worldwide as it depends on the price of electricity and there are still countries
where it is cheaper and the mining is still profitable.

Fideend

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Quote from: TheUltraElite on September 18, 2018, 03:38:25 AM

Quote from: Sony.UK on September 11, 2018, 12:17:16 PM

It is unpredictable market so no one is know the future possibilities of bitcoin. Because number of times many experts says it will reach 10k soon and 20k soon.

Dont speculate on what others are saying. Have your own strategy planned out and play accordingly. You dont have to follow what the heavy hitters are saying but be rational and apply logic to make profits. If you have some basic understanding of how the market works you would not be saying this. 10k wont happen anytime soon. It might be reached this year but the dumping is happening too much so it might dump before it actually reaches there.

Quote from: Cryptokarl on September 11, 2018, 01:23:57 PM

It actually varies. When bitcoin was a lot cheaper, people also mined it. I think that bitcoin would always be mined no matter what

People mined it in a more amateurish way when the difficulty was lower and ASICs were not in market. At a time when people could use their CPU and GPUs to mine. Then the "super-specialization" of mining happened and ruined the market for the small term miners.

This is the main reason that I never believed in predictions. All the predictions about the price of bitcoin from the previous years became false and against the facts. I do my own research and analysis and decide the future price of bitcoin, but I never told anybody and I will never tell anybody about the future price of bitcoin, because I don’t the people to be misguided.

fullhdpixel

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Quote from: changxia on September 18, 2018, 04:15:27 AM

You don't have to worry about the price of Bitcoin, although it has now fallen below $6300, but it will rebound soon because the whales won't let Bitcoin fall below $6000.

You just sounded like you are part of the whales and you will know what they will do or not. Nothing is predictable in this market and so far, this is a fight between the bulls and the bears, and at the end, someone definitely will have to win anyway.

For now, we cannot tell how things would be even in the next few seconds, as market can take any path and that would depend on how far it goes and how one can take advantage of the opportunity in whichever way it comes.

Topic: Dangerous price area - page 2. (Read 1950 times)