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Topic: IS BITCOIN GOING BACK DOWN? (Read 5344 times)

hero member
Activity: 1260
Merit: 524
June 12, 2017, 04:24:47 PM
I think that this is mear a small correction and their is no bad news that the price can go down, this is just profit booking by the small traders and it is now bouncing back to its normal trades.
sr. member
Activity: 490
Merit: 252
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June 12, 2017, 03:44:58 PM
Sell them to koreans 3,175,000 (KRW) = $2806


hero member
Activity: 616
Merit: 500
June 12, 2017, 03:38:01 PM
Money is just moving to eth and ltc maybe
sr. member
Activity: 490
Merit: 252
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June 12, 2017, 03:20:13 PM
Strictly speaking, there are traders with sub $2000, and even sub $1000 coins that are looking to cash out profits.

Tell better, that here is about speculants and no one of them need BTC to transfer funds.
legendary
Activity: 2912
Merit: 3603
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June 12, 2017, 03:14:45 PM
A major correction is coming, be it this month or next month but I am sure it will happen.
Hopefully it won't be as harsh as we have seen in the period 2014-2015. That seemed like a decade to me.

It's already some sort of a correction. It all fits in how the market is trying to find a suitable range to settle in. Strictly speaking, there are traders with sub $2000, and even sub $1000 coins that are looking to cash out profits. In this case I don't think it will fall all the way to sub $2000 levels, but this correction is similar to how we have gone down from +$2700 to sub $1800 levels not that long ago.

Even if it does fall all the way down to 2k, that would be a support level for me and a perfect opportunity to get in - I have yet to buy any but will be in a position to do so soon so this will be timely. If it does't and hold as you think it will, still a good time for a correction. I have to say no one can be unhappy with the way it's going now.
legendary
Activity: 1232
Merit: 1091
June 12, 2017, 03:11:14 PM
A major correction is coming, be it this month or next month but I am sure it will happen.
Hopefully it won't be as harsh as we have seen in the period 2014-2015. That seemed like a decade to me.

It's already some sort of a correction. It all fits in how the market is trying to find a suitable range to settle in. Strictly speaking, there are traders with sub $2000, and even sub $1000 coins that are looking to cash out profits. In this case I don't think it will fall all the way to sub $2000 levels, but this correction is similar to how we have gone down from +$2700 to sub $1800 levels not that long ago.
sr. member
Activity: 490
Merit: 252
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June 12, 2017, 03:01:36 PM
I'm also going to buy bitcoins now.

And holding it until 1M?



Explain Your Strategy, please.
And please, put screenshot of what You are going to buy.
full member
Activity: 262
Merit: 100
June 12, 2017, 02:55:07 PM
now is the best time to buy bitcoin because the price is going down.

Ohh, make some screenshot, how You buy BTC now.

I'm also going to buy bitcoins now. I think this is a good time to buy. For the present the price is low. Do you think that this is not so? The price will still go down and you need to wait?
sr. member
Activity: 490
Merit: 252
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June 12, 2017, 02:43:25 PM
now is the best time to buy bitcoin because the price is going down.

Ohh, make some screenshot, how You buy BTC now.
hero member
Activity: 2660
Merit: 551
June 12, 2017, 02:38:57 PM
Anything is possible in the world of bitcoin, but if ever the price goes down to that amount then we should all brace ourselves because if that's the case then for those who are holding bitcoins would be depressed I mean look at its price right now, it's almost $3k and if it goes down to half of its value. I think a lot would be panic selling I'm sure.

Currently bitcoin is dumping at $2300 and probably would go down more. Is this what they were saying, that bitcoins price would drop down and possibly reach at around $1500? Now I'm worried seeing the graphs and charts.

I really don't know what is going on, or why the price is suddenly going down. But I doubt it will go to as low as $1500. We have to wait till the dust settles down to really understand what causes this. But if you look at the bright side, now is the best time to buy bitcoin because the price is going down.
sr. member
Activity: 420
Merit: 250
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June 12, 2017, 01:56:18 PM
Anything is possible in the world of bitcoin, but if ever the price goes down to that amount then we should all brace ourselves because if that's the case then for those who are holding bitcoins would be depressed I mean look at its price right now, it's almost $3k and if it goes down to half of its value. I think a lot would be panic selling I'm sure.

Currently bitcoin is dumping at $2300 and probably would go down more. Is this what they were saying, that bitcoins price would drop down and possibly reach at around $1500? Now I'm worried seeing the graphs and charts.
sr. member
Activity: 972
Merit: 255
Bear season or just the beginning
June 12, 2017, 06:12:20 AM
Anything is possible in the world of bitcoin, but if ever the price goes down to that amount then we should all brace ourselves because if that's the case then for those who are holding bitcoins would be depressed I mean look at its price right now, it's almost $3k and if it goes down to half of its value. I think a lot would be panic selling I'm sure.
hero member
Activity: 714
Merit: 500
SkyFall
June 12, 2017, 03:39:48 AM
A major correction is coming, be it this month or next month but I am sure it will happen.
Hopefully it won't be as harsh as we have seen in the period 2014-2015. That seemed like a decade to me.
sr. member
Activity: 1792
Merit: 255
June 12, 2017, 12:31:03 AM
Going up instead mate, not something everyone were expecting I assume, I guess governments are really injecting cash in to crypto to accumulate

For any evil plans in the future if they failed to regulate and if another country wanted to own the most of the coins and all of this shows how legit

And powerful this tool of ours we call it cryptocurrency is. however I'm more afraid of Chinese, what if they suddenly start to dump? since price of

Not only Bitcoin but other coins is much higher in China now.
China's users is the most influential the rise bitcoin whereas Chinese Government no response about the bitcoin and cyrptocurrency. I think the bitcoin will continue to skyrocket because of a user who continues to increase, especially South korea and Japan have already legalized.
hero member
Activity: 588
Merit: 541
June 11, 2017, 08:04:39 PM
Going up instead mate, not something everyone were expecting I assume, I guess governments are really injecting cash in to crypto to accumulate

For any evil plans in the future if they failed to regulate and if another country wanted to own the most of the coins and all of this shows how legit

And powerful this tool of ours we call it cryptocurrency is. however I'm more afraid of Chinese, what if they suddenly start to dump? since price of

Not only Bitcoin but other coins is much higher in China now.
legendary
Activity: 1176
Merit: 1024
June 11, 2017, 02:08:59 PM
No, it will probably not go down, even if it dips down a little, it will never reach $1500. $2000 could be your best hope. If you watch the charts closely, you will know that bitcoin is rising steadily, and gets small corrections along the way.

it could easily flash crash to 1500, that said since this is shake 100 + n  you have to wonder who exactly is left to be shaken out ... I mean how many time would anyone holding any siginificant amount of BTC have already sold out if they were going to .... there are I feel less and less of those people left standing.

Any one that held to sell form the 2013 high could have sold out by now at reasonable profit.
Yes I believe as on the 1st August we will see the fate of the bitcoins that what happens to it and if something discouraging was found by the users the price may fall to $1500.
I hope there will be nothing wrong on that day so that the journey of the bitcoin continuous to grow more but if something happened regardless then I am afraid that we will see a significant down fall in the price of the bitcoin.
legendary
Activity: 1512
Merit: 1041
June 11, 2017, 09:23:58 AM
How could bitcoin go down at this point? remember past years bitcoins got little adoption so its prone to be dumped thats why we see some big dips happening it before but for now take a look on what countries adopted it and it could make bitcoins became more stronger so theirs no going back well be happen unto it but instead the one we can see is the price hike of bitcoins in future.
Yes, I agree for the bitcoin the price going down is not something new it is normal for the bitcoin and currently there are no such chances to get the prices lower. Any uncertain situation can take the prices down only otherwise the increase that we are noticing in the price of the bitcoin is due to the great acceptance level from the people for the bitcoin which is real.
sr. member
Activity: 420
Merit: 250
The All-in-One Cryptocurrency Exchange
June 11, 2017, 08:51:00 AM
#99
It is possible it will dump at that value but we don't know when that will happen, but one thing is for sure. Bitcoin will do halving around 3 years from now.

The dump in the future is not the same in the past. Bitcoin now reach stable condition and that's mean that this current price now is the possible lowest price in the future.  Bitcoin is now starting to pump. Read the graphs to follow on what I'm saying.

Oh I actually read bitcoins graph, but I am not an expert on reading charts yet. Still practicing and doing more research too about bitcoin, it was just my opinion stating it is "possible" it will dump. There are a lot of reasons or possibilities why it will dump in the future but I'm hoping it will not happen though.
sr. member
Activity: 518
Merit: 250
June 10, 2017, 11:20:54 PM
#98
WHAT IS THE HONEST OPINION OF EVERYONE HERE?

WILL WE SEE A DIP BACK DOWN TO THE 1,500 RANGE OR NAAH??

SPEAK ON IT.
You have already the answer base on what you are seeing right now. Do you think bitcoin will go dip again? My answer is, bitcoin will never go back down from where it begin. 1500$? Forget about that price , well be seing 3000$ in a couple of months or maybe days only.

According to my bitcoin ever fall back on $2200 figures, along with the running time of the ascending return on akhirny bitcoin figures $2700 in mid-this month the difference $500. but for now bitcoin is getting almost ride towards $3000 figures may be this weekend or later this month
legendary
Activity: 2758
Merit: 1228
June 10, 2017, 11:13:21 PM
#97
How could bitcoin go down at this point? remember past years bitcoins got little adoption so its prone to be dumped thats why we see some big dips happening it before but for now take a look on what countries adopted it and it could make bitcoins became more stronger so theirs no going back well be happen unto it but instead the one we can see is the price hike of bitcoins in future.
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