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Topic: downtime soon ? - page 2. (Read 2975 times)

legendary
Activity: 1484
Merit: 1004
July 02, 2017, 10:06:54 AM
#71
As of now the price of a single bitcoin is about more than 1400$ . And for more stronger proof, bitcoin has recently beat the value of the gold price. bitcoin exchanges are becomes more busy than ever , also the need for bitcoin exchange software took up a increasing rate of growth . While in the start of the year 2017 bitcoin rally has climb up to 1000$ after longing for three years. Sure the price value is expected to grow further in cryptocurrency arena. So
for me, bitcoin is still growing and will not getting as the years go by. So it is better to save it.
things make the current situation happened about the down price is because of lack of circulations,
what i mean is people getting tired about how the transaction executed so long time ,
the fee itself is really so high and people thinks it's not worth anymore ,
the down time is near if segwit later didn't produce something positive.
hero member
Activity: 3010
Merit: 794
July 02, 2017, 09:59:25 AM
#70
there are many reports which states that the coins sized my GOVT agencies will be auctioned soon...
if we do some calculation i think there are aprox 1000 BTC (maybe more) which are freeze by agencies from various counties

if i remember correctly Silkroad admin alone had 300+ BTC..

now if those reports are correct
and if those BTC again come to circulation
does it mean we can expect a huge decrease in BTC rate in future ?


No it wont give such impact  even those bitcoins would be used again it would circulate around the chain again and considering the amount of 300 btc or 1000 wont able to affect the price majorly. Knowing that price would be only affected when we are talking about large sums of bitcoin already if government would decide to encash those coins then it would really be remain as normal.
hero member
Activity: 924
Merit: 502
July 02, 2017, 09:24:56 AM
#69
Nothing will happen, it's like they are just holding bitcoin so you do and I. The only thing that can make the price decrease once those agencies started to sell those bitcoins, that can have a big impact in the market that will make the price lower.
It seems to me that the sagging of prices on the market crypto currency will have little value because users are already accustomed to such fluctuations. Pessimistic scenario August 1 could cause more harm. I think to suspend any action with bitcoin 1.5-2 months. This will help me save money and nerves.
I couldn't agree more. In addition, more users will have a breather though it's a normal case when the value fluctuates yet it may recover soon if investors are willing to take more risks on their money and eventually it will rise again. That's the essence of bitcoin but it won't downsize soon.
sr. member
Activity: 434
Merit: 255
Live cams shows pimped with cryptocurrency
July 02, 2017, 07:46:35 AM
#68
Nothing will happen, it's like they are just holding bitcoin so you do and I. The only thing that can make the price decrease once those agencies started to sell those bitcoins, that can have a big impact in the market that will make the price lower.
It seems to me that the sagging of prices on the market crypto currency will have little value because users are already accustomed to such fluctuations. Pessimistic scenario August 1 could cause more harm. I think to suspend any action with bitcoin 1.5-2 months. This will help me save money and nerves.
hero member
Activity: 3080
Merit: 603
July 01, 2017, 03:52:04 PM
#67
Nothing will happen, it's like they are just holding bitcoin so you do and I. The only thing that can make the price decrease once those agencies started to sell those bitcoins, that can have a big impact in the market that will make the price lower.
hero member
Activity: 770
Merit: 500
July 01, 2017, 03:41:23 PM
#66
maybe this news will create a small impact on the bitcoin price .from 2600 down to 2500.  Grin. 1000btc  cant even make an impact on btc price,
'Bitcoin is giving you opportunity to invest' that is in the mind of everyone if no one will calling that it is a downtime soon then it will have a good image in the market. I mean we do not have to spread rumors. When the price start to rise then the demand increase as everyone want to get the profit and nowadays everyone know that it is the time to get the profit so they will not sell much and you will right that the price will reduce a hundred and nothing more so we will be at $2500 or around it and it will reach to $3000 soon maybe in this month or in a next.
copper member
Activity: 1330
Merit: 899
🖤😏
July 01, 2017, 11:59:43 AM
#65
You should at least learn how to post properly then FUD about the price, if one thing we have learned from crypto is that whenever price goes up it will come back down town definitely and without any doubt, while many get disappointed and start bitching around there are many smart people trying to take advantage of these fluctuations and earn their daily profit.
What do you care if it will go up or down you just earn your profit like the rest of us here. if you open coinmarketcap a few times every day you'll see what I'm talking about.
sr. member
Activity: 612
Merit: 250
July 01, 2017, 10:50:33 AM
#64
there are many reports which states that the coins sized my GOVT agencies will be auctioned soon...
if we do some calculation i think there are aprox 1000 BTC (maybe more) which are freeze by agencies from various counties
if i remember correctly Silkroad admin alone had 300+ BTC..does it mean we can expect a huge decrease in BTC rate in future ?
I do not think that thousand bitcoin could make any difference in the price,even if it is auctioned they will be selling at a very good price,so what is the problem in that,this is not the first time a auction is being conducted to sell bitcoins by the authorities,so there is nothing to worry here.

Downtine? maybe next year.  I dont  see right now  that bitcoin  will go back to 1000$  before this year  ends. Im pretty sure bitcoin will continue to climb up again at 3000$
What makes you think that there will be a downtime next year,if you have any valid reason to think that,let me know what that is,because i am not aware of any bug that will take the network down. Tongue
yeah I’m agree with you here that bitcoin is going high with time instead of going down so how can we say anything about its down time .we are bitcoin users and we are earning through it so , we are hoping for good time and waiting for more and more increase in price and its demand hope  it will happen soon.
hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
June 30, 2017, 11:41:17 PM
#63
maybe this news will create a small impact on the bitcoin price .from 2600 down to 2500.  Grin. 1000btc  can't even make an impact on BTC price,
Yeah a few thousand BTC will hardly make any difference to the price, as far as I know a lot of coins are just burned daily because of some reason or other. 1000 BTC will not do anything to the price, no will even care about it.
Me too, I do not think that would have much negative impact on the price, that size of coins spoken  could hardly provoke a downtime since that sale would likely be quickly absorbed by buyers.
It is still depend on the emotion of the people in the market, if they feel that the market is dumping then they might do sell also and it will make the price lower and the buyers of the dips will not be able to absorb it and it will just continue to make the price even lower. It is all depending on the demand of the people, we can't avoid those dumps because the buyers is not enough to cover all the dumps and absorb it.
jr. member
Activity: 59
Merit: 10
June 30, 2017, 11:14:31 PM
#62
As of now the price of a single bitcoin is about more than 1400$ . And for more stronger proof, bitcoin has recently beat the value of the gold price. bitcoin exchanges are becomes more busy than ever , also the need for bitcoin exchange software took up a increasing rate of growth . While in the start of the year 2017 bitcoin rally has climb up to 1000$ after longing for three years. Sure the price value is expected to grow further in cryptocurrency arena. So
for me, bitcoin is still growing and will not getting as the years go by. So it is better to save it.
legendary
Activity: 938
Merit: 1000
June 30, 2017, 10:54:20 PM
#61
maybe this news will create a small impact on the bitcoin price .from 2600 down to 2500.  Grin. 1000btc  can't even make an impact on BTC price,
Yeah a few thousand BTC will hardly make any difference to the price, as far as I know a lot of coins are just burned daily because of some reason or other. 1000 BTC will not do anything to the price, no will even care about it.
Me too, I do not think that would have much negative impact on the price, that size of coins spoken  could hardly provoke a downtime since that sale would likely be quickly absorbed by buyers.
hero member
Activity: 910
Merit: 502
June 30, 2017, 04:25:37 PM
#60
Just for one exchange the amount of coins sold at the same time(a dump)can be over 5,000 BTC within minutes to 30 minutes. On a daily basis 300 BTC is traded across all exchanges combined probably every few minutes. At just one exchange selling 300 at a time might cause a few dollar price drop for an hour.
There may be some other good reason as well. This suggestion may not work because the exchanges are here to facilitate the buy and purchase process, and this is what from where they earn profit so if we limit the exchange to this low volume of trading then I guess the transaction fees will shoot high because the exchanges will then charge high fee for the services they provide you. This can lead to another issue.
full member
Activity: 223
Merit: 100
June 30, 2017, 01:18:08 PM
#59
there are many reports which states that the coins sized my GOVT agencies will be auctioned soon...
if we do some calculation i think there are aprox 1000 BTC (maybe more) which are freeze by agencies from various counties

if i remember correctly Silkroad admin alone had 300+ BTC..

now if those reports are correct
and if those BTC again come to circulation
does it mean we can expect a huge decrease in BTC rate in future ?



I think it could depend on how much money the coins sell for. If they are auctioned and they are sold at a lower price than we see on the exchanges, then it could make the price drop. If they are sold at about the exchange price, I don't think it would make a big difference.

Another thing to consider is that any non-negative publicity for bitcoin is good. If it is advertised that bitcoins will be auctioned off, it increases the exposure for bitcoin like having free advertising.
hero member
Activity: 1302
Merit: 532
June 30, 2017, 11:23:47 AM
#58
there are many reports which states that the coins sized my GOVT agencies will be auctioned soon...
if we do some calculation i think there are aprox 1000 BTC (maybe more) which are freeze by agencies from various counties
if i remember correctly Silkroad admin alone had 300+ BTC..does it mean we can expect a huge decrease in BTC rate in future ?
I do not think that thousand bitcoin could make any difference in the price,even if it is auctioned they will be selling at a very good price,so what is the problem in that,this is not the first time a auction is being conducted to sell bitcoins by the authorities,so there is nothing to worry here.

Downtine? maybe next year.  I dont  see right now  that bitcoin  will go back to 1000$  before this year  ends. Im pretty sure bitcoin will continue to climb up again at 3000$
What makes you think that there will be a downtime next year,if you have any valid reason to think that,let me know what that is,because i am not aware of any bug that will take the network down. Tongue
sr. member
Activity: 1176
Merit: 252
June 30, 2017, 10:33:40 AM
#57
Hoping it does not happen, and expect the up time to happen. Well, seeing the current high prices makes me always think that bitcoin prices will surely go up higher, and if the price goes down, it probably will not be less than $ 1900.
hero member
Activity: 1946
Merit: 502
June 30, 2017, 10:17:13 AM
#56
Downtine? maybe next year.  I dont  see right now  that bitcoin  will go back to 1000$  before this year  ends. Im pretty sure bitcoin will continue to climb up again at 3000$
hero member
Activity: 1050
Merit: 529
June 30, 2017, 09:59:03 AM
#55
maybe this news will create a small impact on the bitcoin price .from 2600 down to 2500.  Grin. 1000btc  can't even make an impact on BTC price,
Yeah a few thousand BTC will hardly make any difference to the price, as far as I know a lot of coins are just burned daily because of some reason or other. 1000 BTC will not do anything to the price, no will even care about it.
sr. member
Activity: 714
Merit: 252
June 30, 2017, 09:40:28 AM
#54
I believe that would not cause a downtime in price, it will just cause a big dump that is very normal in cryptocurrencies when their values are high. But if the winner would just hold those bitcoin, then nothing will ever happen because they will just send all those bitcoins to the winner, nothing more. Maybe those coins are what cause the correction today because by now I think they have already been auctioned.
yeah right those who able to buy those coins will be the winner in the long run as we knew that 1000 btc is just a small percentage with the current numbers of circulating right now and even that numbers already been sold it will still survive and there's no big impact the more they sold it in this dump price the more holders will buy it and take the chance.

That is what I said earlier with this discussion. In any way circulating more bitcoin doesn't mean falling of its price or asset value. On the other hand its just water drop in the ocean which no one can even feel. People will actually start investing into bitcoin due its high volume in the circulation. It might get more value if this really happens and everybody will hope to gain profits with this.
legendary
Activity: 1652
Merit: 1057
June 30, 2017, 08:31:15 AM
#53
I believe that would not cause a downtime in price, it will just cause a big dump that is very normal in cryptocurrencies when their values are high. But if the winner would just hold those bitcoin, then nothing will ever happen because they will just send all those bitcoins to the winner, nothing more. Maybe those coins are what cause the correction today because by now I think they have already been auctioned.
Yes the pump and dumb both are common for the cryptocurrency market. People who are investing in the cryptocurrency know it much better that the cryptocurrency is a highly volatile.
We don’t know when will the prices go down and when the prices will remain going up. These are all assumptions about the prices some people think they will go up while the others think will go down, based on personal analyses which may not be right most of the time.
hero member
Activity: 812
Merit: 500
June 30, 2017, 04:04:41 AM
#52
maybe this news will create a small impact on the bitcoin price .from 2600 down to 2500.  Grin. 1000btc  cant even make an impact on btc price,
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