Did you think bitcoin can go below $5,000

barota

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yes ,prices of bitcoin can go below $5,000 easily and this month
Now the miners must stop their declaration 'we never allowing prices fall under 5800 usd per btc' Huh

I think it is unfair to intervention in prices is in this way
Freedom of sale and purchase should be given to traders
and they must stop those fake pumps and printing tether

BitBite5

member

Activity: 210

Merit: 40

Of course it can go under 5000$, bitcoin is volatile and everything is possible. But the key is not to panic without reason and it's important to watch the market to see how the situation is developing.
Although at the moment we are in the period when the price is more dumping than rising that doesn't mean the situation will stay like this forever. Bitcoin will rise again and now I don't see the danger to go under 5000$.

Morgann

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Quote from: Jaidman on June 28, 2018, 09:27:08 PM

This is a question i kept asking myself & some people if it's possible for bitcoin to go below $5000 because some are predicting below $5k.

I have been buying the fucking dips from $12000 but am fed up.

Most of the people or whales are waiting for the price to go down deeper and that is the reason why cryptocurrencies right now is dumping, but still it will not decrease up to $5k dollars because whales are going to start investing a huge amount.

Oasisman

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Here goes the common mistakes of impatient investors.
Bitcoin's price is unpredictable, the speculation is even lower than $5k. This is the nature of cryptocurrency, it is very volatile, the range of price movement is unlimited. If I were you, I wont start selling anything specially bitcoin. It will only make your loss bigger.

abas_ir

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Quote from: Shinpako09 on June 30, 2018, 09:48:24 AM

I don't know. Everything could happen in btc just like what others always saying but different in chances. Especially btc is good at doing unexpected things. Look others thought that price will fall continuesly under $5k but then it bounce to $6500, unpredictable.

anything could happen in market.especially in cryptocurrency that whales want to manipulate rate.bitcoin volatility very high, suddenly it can go down and go up sharply.

carlisle1

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Quote from: Jaidman on June 28, 2018, 09:27:08 PM

This is a question i kept asking myself & some people if it's possible for bitcoin to go below $5000 because some are predicting below $5k.

I have been buying the fucking dips from $12000 but am fed up.

why fed up?dont you know that you will never lose until you sell the coins?so why need to be bitter when you cam wait patiently for the recovery.

I have bought when the price is $15000 but im cool and never rushing the profit because i know that wh the bull comes,everything will be take in places

worle1bm

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Quote from: Jaidman on June 28, 2018, 09:27:08 PM

This is a question i kept asking myself & some people if it's possible for bitcoin to go below $5000 because some are predicting below $5k.

I have been buying the fucking dips from $12000 but am fed up.

See we are going through a very critical period and we cant say what will happen next moment.But if any bad news will come then it will fuel the fire and prices may go down below $5000 also.This time the prices have been down for a longer period due to negativity and price manipulations.Moreover exchanges are been hacked which is adding to dips.But beleive me btc has also shown earlier what it is capable of and this time also it will survive and boost with greater thurst.So have patience and hodl your coins for a longer period without getting panic.

Shinpako09

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I don't know. Everything could happen in btc just like what others always saying but different in chances. Especially btc is good at doing unexpected things. Look others thought that price will fall continuesly under $5k but then it bounce to $6500, unpredictable.

coinplus

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Quote from: Jaidman on June 28, 2018, 09:27:08 PM

This is a question i kept asking myself & some people if it's possible for bitcoin to go below $5000 because some are predicting below $5k.

I have been buying the fucking dips from $12000 but am fed up.

So sorry you have been buying the dips since $12k but at least if you are doing it with the right ratio, you should still be fine. The thing is the possibility of bitcoin really going below $5k is still there but since you have taken it up as a strategy to keep buying the dips, I would say this time around you chill to see how the trend is going to be playing out and wait for this possibility to happen before even getting in at all.

Hopefully, you may get to see $4k to buy if you are lucky and if we do not end up seeing a huge increase in volume and value from here.

traderethereum

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Quote from: Jaidman on June 28, 2018, 09:27:08 PM

This is a question i kept asking myself & some people if it's possible for bitcoin to go below $5000 because some are predicting below $5k.

I have been buying the fucking dips from $12000 but am fed up.

bitcoin have potential to go below $5,000 but this will only happen if there are too many become panic to see the price is down. but as long as we can hold and not sell in a big amount, I think the price will stay at $5,000 and will try to increase higher. this year bitcoin might have a chance to go down especially if there is much bad news that release just to makes people become worried and afraid to invest their money in bitcoin. but don't be afraid because bitcoin price will increase in the future.

logangbit

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Yes it can be.From long time bitcoins price is going down and down.from last eight to ten months bitcoins price is becoming less.an people yoday are using various currencies and in popular coin people are using crypto currencies like litcoun,etherium. and using of bitcoin is discreasing some how and because every day a lot of currencies are launching and peoples are attracted with some of them so bitcoin uses is becoming less than before and bitcoins price is falling down.And I think if it will continue like that then it can be happend that bitcoin price will go below five thousand dollar.

NoviceInvestor

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Quote from: bitcoinveda on June 29, 2018, 05:11:03 AM

We have to create a positive atmosphere in order not fear about the Bitcoin price because we know we are very happy when Bitcoin price reached to more than $19k. Of course, when the price decreases we feel bad about it but we have wait until Bitcoin price comes back to its original value of $19k.

A lot of people are trying to create a positive atmosphere by making bullish predictions. But, when those predictions aren't founded on anything, and when they don't come true, that creates an even more negative atmosphere.

I'm not saying that you're making these predictions. This is a more general comment about the forum.

Going back to the original question, yes it's entirely possible that the price of bitcoin can go below $5000. The question is: is this likely or not?

Given that we're at $5900 at the moment, $5000 is only a 15% drop. We've seen drops of that magnitude in one day. However, for all we know BTC has bottomed out and now we'll have a sustained bull run.

bitcoinveda

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Quote from: Betty10 on June 29, 2018, 01:20:48 AM

In this space anything can happen, we have see an ATH of $20,000 and I nervously bought and even enjoyed the party, but now the giant is sleeping and keeps going into deeper sleep. But if it does go below $5,000, it is good for as I will buy more for I know when bigger fund flows into the space, it will pump greatly.

We have to create a positive atmosphere in order not fear about the Bitcoin price because we know we are very happy when Bitcoin price reached to more than $19k. Of course, when the price decreases we feel bad about it but we have wait until Bitcoin price comes back to its original value of $19k.

ultrloa

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Quote from: budi691 on June 29, 2018, 03:14:12 AM

I think you accept with the current conditions, before you invest in bitcoin must have analysis and vision, predictions in the future. after the ride must be down, down and will rise again. such as wheels. do not forget to think about the risk of friends! and good luck with bitcoin will we feel together in the future Cool

Acceptance is so hard when you bought at the peak of bitcoin and to see how much you lose for this current happening will make you feel broken but if somebody could afford to take the lose what they get for now then maybe its up for them to sell off and cut the possible loss but for believers well I think they will try to make this year pass and look what will happen if there are major bull run coming on this coming quarter 4 of this year.

Jonsnowstark

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I think we need to accept the current situation about what's happening in the crypto market because the first thing we should know before joining here kn cryptocurrency world is that the price is decentralized and it is also volatile. No one can stop wether the price will goes up or down. We maybe we just need to deal with it.

Iconic Love

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I think that bitcoin can below five thousand USD.this is because now people are attracted with the new coins of the market.As usually new crypto coins are very cheaper and one easily hodl and get profit from them just wait fkr a few month... who use bitcoin is already very high..and not too much chances to grow its price and like that as much users of bitcoin discreased as much bitcoins price has discrease.. and now now the number of bitcoion users are not like before and discreasing..
so it can go below than 5k usd.

Minhxx

jr. member

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I condone it with you when you buy at 12k. Bitcoin is currently unpredictable, many people guess it will fall to 3k. In my opinion, bitcoin will go below $ 5k

budi691

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I think you accept with the current conditions, before you invest in bitcoin must have analysis and vision, predictions in the future. after the ride must be down, down and will rise again. such as wheels. do not forget to think about the risk of friends! and good luck with bitcoin will we feel together in the future Cool

Master Carnegie

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Maybe, I think it will all depend on the support zones that will be tested soon! You can be sure that if you break $5600 there will be great possibilities! But this should not be the concern now, everyone knows that the market is down and that this will at some point pass.

Bitinity

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Quote from: doodle07 on June 29, 2018, 02:39:36 AM

Yes. And I am wondering and hoping that it will reach that low so I can buy more. While others are panicking, I am more eager to buy more, I am seeing it as a good opportunity to invest more on bitcoin. Crypto market and coins can never be stable but it has the ability to pump up to a hundred percent.

It is the best thing to do when many people are panicking about the current price drop, I also waiting for cheaper price than what we have at the moment to buy more. Dropping down below $5000 is possible, I can even say it can go down below $4000 if the market keep on panicking. Waiting for the best time to buy before it start to recover and jump up drastically like what have seen last year. Hopefully in the end of the year we will see a new ALL TIME HIGH price of bitcoin again.

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