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Topic: Do you think the bitcoin will reduce to what value? (Read 973 times)

hero member
Activity: 1484
Merit: 535
As they say demand creates supply ! Bitcoins every day becomes less and eventually they can only be bought ! I believe in technology and progress in the global economy and think that bitcoin will play a role !  The price will rise most importantly patience !

Yes, but when?

A lot of people are getting tired and that is the main reason of why the price has been going down by a lot during the last few months, but i am not tired of it yet.

Bitcoin still has a lot of progress ahead, and that is more than good for us.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
Yes, bitcoin reduces time to time but it doesn't mean it go really deep because it always it managed to comeback. We had seen that drastic price of $5,000.00 and that's the below price it could get but still managed to pushed come back up to $6,000.00 in next few days. So, basically that's volatility at its work and no need to panic at all. Let's just keep supporting and hold for greater goods as early adopters.

The support levels here are important to look at. The currency big support level is at 6000$ at is difficult to break unless or until we see a very big negative news in the market. Other than that 6000$ is the bottom and bitcoin will go higher from this price. The only question is when it will move up ?
That support level has been broken and there is not telling where the price of bitcoin is going to land, for months it was impossible to break that price and now out of nowhere and to be honest I do not know the reason the price has gone down significantly during the last 24 hours, it is not as low as it was a few hours ago but it'll probably take a few days or weeks for the price recover.
jr. member
Activity: 210
Merit: 1
A nexgen decentralized ride hailing
As they say demand creates supply ! Bitcoins every day becomes less and eventually they can only be bought ! I believe in technology and progress in the global economy and think that bitcoin will play a role !  The price will rise most importantly patience !
sr. member
Activity: 2030
Merit: 356
Yes, bitcoin reduces time to time but it doesn't mean it go really deep because it always it managed to comeback. We had seen that drastic price of $5,000.00 and that's the below price it could get but still managed to pushed come back up to $6,000.00 in next few days. So, basically that's volatility at its work and no need to panic at all. Let's just keep supporting and hold for greater goods as early adopters.

The support levels here are important to look at. The currency big support level is at 6000$ at is difficult to break unless or until we see a very big negative news in the market. Other than that 6000$ is the bottom and bitcoin will go higher from this price. The only question is when it will move up ?
member
Activity: 2044
Merit: 16
Yes, bitcoin reduces time to time but it doesn't mean it go really deep because it always it managed to comeback. We had seen that drastic price of $5,000.00 and that's the below price it could get but still managed to pushed come back up to $6,000.00 in next few days. So, basically that's volatility at its work and no need to panic at all. Let's just keep supporting and hold for greater goods as early adopters.
full member
Activity: 434
Merit: 101
Bitcoin has touched down 5,000$ but only until that lowest mark. It was bitcoin's lowest mark this year and it went up to 6,000$ now and we are already in the final quarter of this year. I don't think that bitcoin can go lower than 5,000$ by now.
sr. member
Activity: 1246
Merit: 250
the value of bitcoin will probably continue to grow year by year bitcoin prices will experience price increases because bitcoin is affected by the very high demand and the very limited total supply that makes the price of bitcoin will continue to rise to be very expensive because it will be increasingly difficult to get bitcoin.
sr. member
Activity: 728
Merit: 250
Last time, bitcoin prices continued to fall, breaking the bottom. It is predicted that if bitcoin breaks at 8k, then it will be possible for the initial value. What causes bitcoin to fall? Do you think the bitcoin will rise again?
It is east to see what caused the price of bitcoin to fall in the first place, we were in the middle of a  bubble and there is nothing we can do to change that, but the price is not going to reach levels that are that much lower than what we are seeing right now.
newbie
Activity: 44
Merit: 0
i don't know what exactly caused such as fall, but i've heard that about $100 billion were wiped off in 24 hours and I think both facts are related. i hope what bitcon won't fall lower than $6k
To me I think that bad news in the market always causes the price to down, to me I am also sure that bitcoin price will not break the 6k level, and hopefully very soon bitcoin price will start increasing its price, most of the investors are still too much confident about their investment in bitcoin and they are hopping that the price will very soon rise to 20k again.
newbie
Activity: 30
Merit: 0
There is no magic formula or way to predict the rise and fall in bitcoin prices with 100 percent accuracy, the biggest factor is supply and demand.
Yes that is right to say that we cannot give a 100% correct prediction about the bitcoin price, we can only expect and predict the price on the light of the news about the market, there are so many expert in the market who always give  a very good prediction about the bitcoin price.
full member
Activity: 644
Merit: 100
Last time, bitcoin prices continued to fall, breaking the bottom. It is predicted that if bitcoin breaks at 8k, then it will be possible for the initial value. What causes bitcoin to fall? Do you think the bitcoin will rise again?

Of course yes. Bitcoin will rise again its volatile remember. Bitcoin is goes up and down and I think it will never goes deep. Many people are believe that bitcoin is rise again though now it is downfall. Bitcoin analyst are always predicting that it will goes up before the end of this yeaf and until now we are hoping for it to happen. Hopefully, many people will believe to crypto in the future.
full member
Activity: 756
Merit: 102
I dont think that bitcoin can decrease anymore because as on what ive notice  bitcoin is only staying at 6k levels for almost a year now  .

But when it comes to increased id say bitcoin can overcome its recent ath (20k) as long as the total supply were all mined out .

In the meantime , the best thing to do is to have a patience and foccus on the current market because the present is more important than the future or past.

Kita hrus tau bahwasanya bitcoin itu seperti berdagang.ada kala sedang naik ada kala sedang turun.mungkin saat ini sedang rendah

Lol , whats this ? Can you please speak in english ? Its okay if you arent fluent at all but as long as you are specific and straight to the point   , anyone can always understand it
member
Activity: 272
Merit: 10
i don't know what exactly caused such as fall, but i've heard that about $100 billion were wiped off in 24 hours and I think both facts are related. i hope what bitcon won't fall lower than $6k
newbie
Activity: 157
Merit: 0
There is no magic formula or way to predict the rise and fall in bitcoin prices with 100 percent accuracy, the biggest factor is supply and demand.
member
Activity: 351
Merit: 10
yes surely. bitcoin has a cycle / so one cycle finished then another market cycle will start. so btc has a strong and fast movements. so buddy dont worry i think btc will cross the 20000$ rate at the end of this year, patient is must for the crypto currency trading. so stay calm
full member
Activity: 672
Merit: 144
The price of Bitcoin in 2017 increased several times and it was natural to believe that after such a rapid growth there should be a correction. However, no one expected that bitcoin correction will be delayed so long. I believe that, now the price of Bitcoin is specifically underestimated by large players to buy at the lowest possible prices.
do you think that such a drop in the market is a correction of the price of Bitcoin? Do you think that the price of Bitcoin is strongly underestimated? Anyway, newcomers are already falling Bitcoin's relevance. But if you increase the demand for this coin or do not make Bitcoin a means of payment, you can soon forget about this coin.
member
Activity: 280
Merit: 10
The price of Bitcoin in 2017 increased several times and it was natural to believe that after such a rapid growth there should be a correction. However, no one expected that bitcoin correction will be delayed so long. I believe that, now the price of Bitcoin is specifically underestimated by large players to buy at the lowest possible prices.
member
Activity: 868
Merit: 16
I am sure that below 5.5 K its price will not fall more.. while the price of 6.2 need to invest. And if the price drops to 5.5 it is definitely necessary to invest in coins! It quickly reverts to the rate of 6.5.
Bearish time continues, now the bitcoin price is $ 6200, we remember the bitcoin price last week was at the price of $ 7000- $ 8000 and when the crash came make the price dropped dramatically to $ 6200, so if it continues I think bitcoin price will decrease up to $ 3000 - $ 4000 like the previous decline.
member
Activity: 518
Merit: 11
The rate of any cryptocurrency rises and falls regularly because it is the market. Every time the price of bitcoin drops it grows even more over time, so I'm sure bitcoin will rise to 40-50 thousand dollars in 2018.
full member
Activity: 532
Merit: 100
Last time, bitcoin prices continued to fall, breaking the bottom. It is predicted that if bitcoin breaks at 8k, then it will be possible for the initial value. What causes bitcoin to fall? Do you think the bitcoin will rise again?

Knowingly that bitcoin price today was very far from it's value before. Right now, bitcoin has only 6k USD of value. And this is because of loss of demand of this coin. But we should never get upset and panicked since bitcoin will go back to its high price. We just need to be positive and patient. 
To date, Bitcoin has collapsed again. It is a pity that almost all the crypto-currency market depends on Bitcoin. But I very much hope for the etherium and its second phase of development with the help of plasma technology.
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