Is it just me or everyone is concerned? - page 3.

Gabali126

jr. member

Activity: 322

Merit: 2

Quote from: amphibian on August 28, 2018, 11:00:18 AM

For quite sometime now I have been secretly praying and hoping that Bitcoin doesn’t rush with this upward trend.
I do not think the miners will be able to keep supporting bitcoin mining if the price goes below 6000$.
Hopefully my prayers seem to have been answered as I can see an organic in bitcoin value to 7000$ for a while. Do you think this is an organic rise in bitcoin value and is it likely to remain within the ranges of 7000$ without dropping? Share your emotions and opinions guys!

I guess everyone is concerned too. But I think the miners will not stop even if the price falls below $6000, after all, the price was once far lesser than this and will still had the miners.

Dana-pasar

jr. member

Activity: 167

Merit: 2

if in my opinion we all have to care about the situation in every problem we live together. With our care. it can solve problems and make all things better

Dreamchaser21

full member

Activity: 686

Merit: 108

Quote from: ribowo76 on August 31, 2018, 03:04:25 PM

It's terrible, if anything happens like that.But it seems, it's very unlikely.Especially now, the price of bitcoin has begun to show positive trends

Miners will stay, they see a big potential in this market and I know even if bitcoin will fall below $6k level again because miners are here already during the recognition of bitcoin at the level of $2000. We see a great trend last day and this can be the start, hopefully no more bull trap.

max1616

member

Activity: 434

Merit: 14

Even if Bitcoin falls below $ 6,000, the number of miners who quit working will not be much..If this happens, the level of difficulty will fall and the stability will be restored..And most of the miners are sure that even if Bitcoin falls, he will rise again.

Seunbabatunde

newbie

Activity: 140

Merit: 0

Presently bitcoin is unpredictable, the bears are over and its time for a price increase. In the coming days bitcoin will go high. As I have said before on other thread we have reached now

batang_bitcoin

hero member

Activity: 3080

Merit: 603

We can't be sure of it that it won't stay to $7,000 without dropping. If you have ever taken a look at the price few days ago, we saw it reached $7,100 and it became lower. This can be its pattern and if it will continue to fluctuate that way we might see it higher than $7,000 soon but just
expect that there will be some drops.

ratatat bangbang

jr. member

Activity: 308

Merit: 1

I am sure that many people are concerned about what had happened in bitcoin today. Just like me, I keep on monitor the value of bitcoin which is sometimes low and back to its original value. What I did is jusy believe and trust it because it just normal happenings.

dablatair

member

Activity: 324

Merit: 15

I have also a good think of this rise, seems stabilize, just before beginning of last quarter that could be the beginning of a new positive wave. People are waiting for the next bull period and this could be the beginning.

Let see and hope we are right !

Osamede

jr. member

Activity: 55

Merit: 1

Everyone is expecting bitcoin to shoot to the moon, there are still some hodlers who bought at 20000$ earlier this year, the boom will benefit all, I will like it to be leaps and bounds

Fred3030

jr. member

Activity: 728

Merit: 2

Bitcoin is on its way to a new all time high. The bears are over and its time for a price increase. In the coming days bitcoin will go high. As I have said before on other thread we have reached the lower low and below this miners cannot mine dew to mining cost. Bitcoin is on its way up.

jeffer8035

member

Activity: 251

Merit: 10

if it is very likely to maintain those DE 7000 ranges but I think that it will go up enormously therefore I do not think that it will decrease with respect to the miners it is always profitable they do not lose it worries me is to go up very fast and let me vote the curve since when it rises the markets are up at the moment are attentive to new news and this September is expected good things for bitcoin we are haty waiting to see that it is approved for bitcoin if some of that goes up the price we hope to have a good end of the year

ribowo76

full member

Activity: 784

Merit: 101

The World's 1st Waste to Green Energy DLT Project

It's terrible, if anything happens like that.But it seems, it's very unlikely.Especially now, the price of bitcoin has begun to show positive trends

ralle14

legendary

Activity: 3374

Merit: 1922

Shuffle.com

Quote from: Kprawn on August 31, 2018, 11:05:10 AM

As long as people are still mining bitcoins at $1,567 a pop, then they can still make some good profits.

https://bitcoinexchangeguide.com/canadas-bitfarms-bitcoin-mining-company/

Ok, that is just the electricity cost and they have some other cost too, but it shows that it is still profitable for them to do it.

That's only to break even with the electricity cost you forgot to include hardware costs. Tongue

Bitcoin mining is indeed profitable up to this date but not for all miners because of the increasing difficulty.

Quote from: amphibian on August 28, 2018, 11:00:18 AM

I do not think the miners will be able to keep supporting bitcoin mining if the price goes below 6000$.
Do you think this is an organic rise in bitcoin value and is it likely to remain within the ranges of 7000$ without dropping? Share your emotions and opinions guys!

If the price does go down to $5k or $4k the miners will still be able to support Bitcoin mining. I did my own calculation on coinwarz to see how low can the price go down for Bitcoin mining to become unprofitable after a few minutes of searching for important numbers I ended up with a rough estimate of $3,000. I don't think we'll see Bitcoin's price go this low anytime soon because of how fast the price can recover.

listoncrypto

newbie

Activity: 252

Merit: 0

I think it is a good sign that bitcoin is steady right now. After this mark you will see the price will definitely rise raiply. I think soon it will hit the 10k mark!

btcmaster999

newbie

Activity: 112

Merit: 0

The price will increase for sure bro. The price was low for a long time because of many reasons. Bitcoin and other cryptos are future so the price will increase for sure. At the end of this year the price will increase you will see.

jackpot888

newbie

Activity: 112

Merit: 0

The price drop that you are talking about was mainly because of the hype and inflation created by the ETF news which has been fairly corrected by now and right now what we are experiencing is another bullish correction, nothing else. This recovery was long due and it's organic as you would have mentioned it.

F_Ivanov1993_

newbie

Activity: 108

Merit: 0

I hope bitkoin can survive this stage, it is to survive, as in recent times it has become increasingly difficult to become in the cryptography market.

LateMoveR52

newbie

Activity: 112

Merit: 0

Bitcoin was facing a hard time. It was difficult for the user to keep patience for a long time but hopefully the value rises. But we need to be concern for the stability of bitcoin I think it will stable and again come to a good situation.

daarul50

legendary

Activity: 1596

Merit: 1034

Quote from: amphibian on August 28, 2018, 11:00:18 AM

For quite sometime now I have been secretly praying and hoping that Bitcoin doesn’t rush with this upward trend.
I do not think the miners will be able to keep supporting bitcoin mining if the price goes below 6000$.
Hopefully my prayers seem to have been answered as I can see an organic in bitcoin value to 7000$ for a while. Do you think this is an organic rise in bitcoin value and is it likely to remain within the ranges of 7000$ without dropping? Share your emotions and opinions guys!

Of course, the bitcoin miners will not be comfortable with the current price conditions of bitcoin because the operational costs of mining will not be covered by the results of mining. Now the miners and everyone can only hope that bitcoin can at least survive and not decline again.

MegaDots

newbie

Activity: 44

Merit: 0

I honestly didn't understand why people were so scared with the price dropping to 6,000$, investors who have been in the market for long time now, knows that the situation is very natural and the market has been reacting like this for a prolonged period of time, which is why we call this market volatile. Good to see that Bitcoin is slowly and naturally recovering again.

Topic: Is it just me or everyone is concerned? - page 3. (Read 791 times)