Hey guys do you think that Bitcoin price will continue decreasing ? - page 6.

Best Dreams

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Quote from: btc2mars on December 28, 2017, 05:06:21 PM

Likely to decrease to at least around $10K then would only rebound after it touched $8K.
Problem is, no one is willing to buy a lot at $13K - $15K

I think this question must be like this that bitcoin price will still going to increase instead off decrees because now a days bitcoin price is very high and still going to increase because today is the last day of year and in late time its price will go more high so we need to take a very good advantage from it because this year its price reached to its highest price which I never seen before so bitcoin is very good source of souse of income.

lifengpu

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It is only natural that the price of bitcoin decreases by the end of the year but I hope that in the new year it will start to go up

Lucius

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Price just have correction from unsustainable 19 000$ level to 12 000$-14 000$ level where it is these days, and for now it seems that will be there for some time.If you are in cryptocurrency for some time such a development of events is not anything that should to surprise you,but many fresh buyers who bought BTC in the range from 15 000$-20 000$ start to panic selling in the moment price go down.So even price is recover to 16 000$ few days ago selling orders are just crushed that level very fast.

I think that most of buyers from 15k$-20k$ sell what they have,and some others wait some price increase to sell again,but in overall price should be stay above 10 000$ level.

aso118

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Quote from: Joshua kingpin on December 30, 2017, 02:34:30 PM

Quote from: fikito33 on December 28, 2017, 02:16:16 PM

Hey guys do you think that Bitcoin price will continue decreasing ? Huh

I believe it's just a shakeout, btc will just get into stronger hands Cool

I doubt that most of the people who are buying now are "stronger" hands. The strong hands are those who bought Bitcoin when it was trading in double digits or low single digits and have manged to hold on during the wild ride. There will be weak hands who sell out now, but the buyers will mostly be traders in my opinion.

Don Pedro Dinero

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Quote from: posoa on December 30, 2017, 02:40:36 PM

Quote from: Don Pedro Dinero on December 30, 2017, 02:08:43 PM

Quote from: BTCforJoe on December 28, 2017, 04:17:30 PM

Here's the funny thing... I have not cashed out any bitcoin this holiday season for needing money. Nor did any of my real-life network of Bitcoin hodlers; and there are quite a few of us. So if 0% of my real life network cashed out, do you think there really is a large enough percentage of people cashing out for the holidays to dump the price? Please...

Although I agree with you, I don’t think you and you friends are a significant sample to draw conclusions. What I find more significant is to look at the changes of price in previous years. I have been many people saying this is due to holidays but let’s see (data taken from coinmarketcap.com):

December 20th, 2016: $793,32
January 5th, 2017: $1032,94
December 20th, 2015: $ 441,05
January 7th, 2017: $454,25
December 20th, 2014: $316,63
January 4th, 2016: $274,17

Seeing this past three years there was only one with a decrease in price during the holidays. I don’t see anything significant in the trends as to state, as it has been said many times on this forum recently, that bitcoin goes down in price during the holidays because people cash out.

I quite agree with you on the fact that Bitcoin only decrease during the holidays as a result of many people cashing out and preparing for the yuletide season. Even in some days after the holidays in this December 2017, there were rise in Bitcoin as a clear proof that after the holidays, the price will rise again and will not continue to decrease, but will continue to rise.

Do you bother reading before you write? I don’t know how you can agree with me because I’m defending the opposite of what you are saying.
Read again.

posoa

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Quote from: Don Pedro Dinero on December 30, 2017, 02:08:43 PM

Quote from: BTCforJoe on December 28, 2017, 04:17:30 PM

Here's the funny thing... I have not cashed out any bitcoin this holiday season for needing money. Nor did any of my real-life network of Bitcoin hodlers; and there are quite a few of us. So if 0% of my real life network cashed out, do you think there really is a large enough percentage of people cashing out for the holidays to dump the price? Please...

Although I agree with you, I don’t think you and you friends are a significant sample to draw conclusions. What I find more significant is to look at the changes of price in previous years. I have been many people saying this is due to holidays but let’s see (data taken from coinmarketcap.com):

December 20th, 2016: $793,32
January 5th, 2017: $1032,94
December 20th, 2015: $ 441,05
January 7th, 2017: $454,25
December 20th, 2014: $316,63
January 4th, 2016: $274,17

Seeing this past three years there was only one with a decrease in price during the holidays. I don’t see anything significant in the trends as to state, as it has been said many times on this forum recently, that bitcoin goes down in price during the holidays because people cash out.

I quite agree with you on the fact that Bitcoin only decrease during the holidays as a result of many people cashing out and preparing for the yuletide season. Even in some days after the holidays in this December 2017, there were rise in Bitcoin as a clear proof that after the holidays, the price will rise again and will not continue to decrease, but will continue to rise.

Joshua kingpin

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Quote from: fikito33 on December 28, 2017, 02:16:16 PM

Hey guys do you think that Bitcoin price will continue decreasing ? Huh

I believe it's just a shakeout, btc will just get into stronger hands Cool

Isaak Bitcoin

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After the New Year, surely bitcoin will start to go up. I believe in it.

cpfreeplz

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Buy the dip! I just got a little more but I don't have a lot of fiat to throw in the ring. I'm way too invested in bitcoin to worry about that lol. I highly doubt we'll go much lower than this. We've goneainstream and people have been waiting for a good opportunity to buy. 40% under the ATH is good in anyone's books.

Don Pedro Dinero

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Quote from: BTCforJoe on December 28, 2017, 04:17:30 PM

Here's the funny thing... I have not cashed out any bitcoin this holiday season for needing money. Nor did any of my real-life network of Bitcoin hodlers; and there are quite a few of us. So if 0% of my real life network cashed out, do you think there really is a large enough percentage of people cashing out for the holidays to dump the price? Please...

Although I agree with you, I don’t think you and you friends are a significant sample to draw conclusions. What I find more significant is to look at the changes of price in previous years. I have been many people saying this is due to holidays but let’s see (data taken from coinmarketcap.com):

December 20th, 2016: $793,32
January 5th, 2017: $1032,94
December 20th, 2015: $ 441,05
January 7th, 2017: $454,25
December 20th, 2014: $316,63
January 4th, 2016: $274,17

Seeing this past three years there was only one with a decrease in price during the holidays. I don’t see anything significant in the trends as to state, as it has been said many times on this forum recently, that bitcoin goes down in price during the holidays because people cash out.

CoPil

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Quote from: fikito33 on December 28, 2017, 02:16:16 PM

Hey guys do you think that Bitcoin price will continue decreasing ? Huh

Nope. There is a very high demand in BTC. A lot of people uses it, invests, mine, and trade... It's just that, it happens sometimes. Like in the typical economic theory applied in centralized currencies it goes up and down.

But BTC is very interesting. A lot of times it reaches up, and even had the record breaking "highest currency value" that gain interest in many people (curiosity) leading to its popularity growth.

cybersofts

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Quote from: fikito33 on December 28, 2017, 02:16:16 PM

Hey guys do you think that Bitcoin price will continue decreasing ? Huh

Well, that is unpredictable but it appears like the bitcoin price is going down today - December 30, 2017! who knows the reason behind the current bitcoin latest dip? Maybe, it is because many people are on holiday and some are also cashing out for new year celebrations.

machinek20

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I think yes, the situation for btc is not too good, as most of the cashflow are in alt coins, alt coin now is on bullish trend, but btc will recover its just need more time to heal, and the process of healing will be faster if the developer can fix the transaction fee

biletskiy

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Quote from: fikito33 on December 28, 2017, 02:16:16 PM

Hey guys do you think that Bitcoin price will continue decreasing ? Huh

Sooner or later the price will be stabilized and we’ll see that Bitcoin is ready to make new records. I suppose it wouldn’t be a bubbled price again. I wait for steady reliable growth that will bring us constant results.

MrBea

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Bitcorns

I find it really doubtful that we ever dip below 8k anymore. Honestly I don't see us breaking 10k much if at all from now on to be honest. I feel it's now more and more people and they are not being warded off by the price decreases, they are still coming in handfulls of money just looking at how to get involved. Once the new year passes I think we will start to get back on a steady upward trend. Take my advice with a grain of salt though, it's your money.

joan26

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Quote from: fikito33 on December 28, 2017, 02:16:16 PM

Hey guys do you think that Bitcoin price will continue decreasing ? Huh

Maybe, it always happen then it came back to increasing again. You should not be worried about that, just hold and relax everything will be alright and back to normal.

Marucya

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I think that bitcoin has been adjusted for a long time in its price and it is unlikely that it will be lowered in the near future. For the New Year and Christmas holidays are prepared well in advance and it is unlikely that people will buy big purchases for the New Year, demanding the sale of their bitcoins. In any case, after a few days, when people leave the festive tables and weekdays begin, bitcoin will begin to grow again. According to forecasts, next year he should reach a rate of 35000-40000 dollars.

dragonballz999

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bitcoin is falling in small increments in the last few weeks or so. I think that before new year its gonna plunge to around 11-12k, possibly 10ish. people are cashing out and i think people will cash out just before a fork too. im trying to invest in other cryptos at the moment because its smaller risk and possibly better long term as it has a chance to shoot up and is more affordable for the masses.

coinycoiny

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Guaranteed.

Only people that will disagree are those that haven't sold yet.

Shreek

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yes, I see today the volume and spreading of bitcoin is decreasing, but I think this is temporary. because it's still Christmas and the end of the year. and in a few days the bitcoin price will rise again

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