Topic: Oh My God, What Happened to Bitcoin? - page 5. (Read 1546 times)
The conrail attack is another evidence that blockchain technology has not grow into a level of absolute maturity. The platform can't avoid incident like this as it continues to grow likewise the effect on the market generally. Bitcoin will bounce back, and when it does, those that fail to take the advantage of this price dip will rue their decision.
The hack at Coinrail is very annoying and happened at exactly the wrong time. Crypto is already bleeding and these hackers and trying to run it into the ground. Can hackers lay off a bit until the markets have recovered!
The crash of Bitcoin has little to do with Coinrail in my humble opinion. Coinrail is not a big platform. The crash is happening because the trend has been down since January, and I believe the trend will be down until the end of the year.
Don't sell now though, because there will be bumps again, just to try to make money by trading. It's not that difficult to do lately because trends are quite easy to forecast. Best of luck.
Don't sell now though, because there will be bumps again, just to try to make money by trading. It's not that difficult to do lately because trends are quite easy to forecast. Best of luck.
Seeing at hystory of BTC, it is characterized by cycle of rise and dump in price. Right now we are in a dump phase, with a price pretty high anyway. The 20000 reach in January isn't a reference value in my opinion, because its reached in the peak of an investment bubble.
Definitely right, this is the trend of bitcoin for so many years and yet a lot of people are still scared. Don't panic even you heard a lot of negative news about cryptocurrency because bitcoin will bounce and make people more happy again. This is not forever dump, a technology like this will deserve to be on top. It's likely because bitcoin and crypto awareness swelled during that 2017 pump where you hear bitcoin all over the news when it was breaking ath on a consistent basis. Many people haven't experienced yet drastic declines in value that has been happening ever since.
Nothing special happening the same old days Bitcoin with low price at mid year then triple on end year. Being dissapointed with the current price won't do anything I more say its a chance to buy in low.
what's going on with bitcoin ?, i'll keep it quiet until that time will prove. there is no point in getting disappointed with the current bitcoin prices. what matters is how we continue to survive to love bitcoin as the world's No.1 digital currency
Looks like they love ICO's more that bitcoin.
Too many money that is invested within it and I think that is also one factor of a slow dump of bitcoin.
They want faster profits and they want it for a cheaper price. ICO's are their way now. I bet a larger percentage of bitcoin investors have already withdrawn for it.
Too many money that is invested within it and I think that is also one factor of a slow dump of bitcoin.
They want faster profits and they want it for a cheaper price. ICO's are their way now. I bet a larger percentage of bitcoin investors have already withdrawn for it.
Seeing at hystory of BTC, it is characterized by cycle of rise and dump in price. Right now we are in a dump phase, with a price pretty high anyway. The 20000 reach in January isn't a reference value in my opinion, because its reached in the peak of an investment bubble.
Definitely right, this is the trend of bitcoin for so many years and yet a lot of people are still scared. Don't panic even you heard a lot of negative news about cryptocurrency because bitcoin will bounce and make people more happy again. This is not forever dump, a technology like this will deserve to be on top.
Seeing at hystory of BTC, it is characterized by cycle of rise and dump in price. Right now we are in a dump phase, with a price pretty high anyway. The 20000 reach in January isn't a reference value in my opinion, because its reached in the peak of an investment bubble.
Nothing to happen with bitcoin everything will be okay . Don't be hopeless dear bro .
Tone Vays is calling for a draw back to $4500 range. I’m sceptical it will go that far. I think most people are sheep and they follow the lead of whatever “authority” deems itself to be in charge of their thinking.
Oh, hey! We’re government and we’re gonna regulate... blah blah blah.
The “authority” knows it’s over. It’s in its decline and we need to do more to wake people up. Crypto is the platform for a new global society. Unregulated, free market cooperative.
We need to ignore the fud and walk the new path we are creating without being influenced by an archaic and evil enslavement system.
It’s awesome how irrelevant banks and governments are once you take control of your own money supply.
Oh, hey! We’re government and we’re gonna regulate... blah blah blah.
The “authority” knows it’s over. It’s in its decline and we need to do more to wake people up. Crypto is the platform for a new global society. Unregulated, free market cooperative.
We need to ignore the fud and walk the new path we are creating without being influenced by an archaic and evil enslavement system.
It’s awesome how irrelevant banks and governments are once you take control of your own money supply.
Multiple unwanted events and dumps is what caused the decline of bitcoin's price. But take note that bitcoin is volatile so you are right. If bitcoin can decline in a short period of time then it can spring back in a short period of time.
Sadly i read about what happened in south korea. Ughh i was about to withdraw and before withdrawing i was shocked with the price so i decided to HODL
Sadly i read about what happened in south korea. Ughh i was about to withdraw and before withdrawing i was shocked with the price so i decided to HODL
This is second time Bitcoin will fall below $6000. Gold and Silver stored in vaults are more safer investments than a computer generated asset which can be hacked/stolen online.
It is not easy to carry 10 kilos. Whereas electronic transfer/hacking just needs a button.
It is not easy to carry 10 kilos. Whereas electronic transfer/hacking just needs a button.
Yesterday, Coinrail, a south Korean trading platform, suffered a cyber intrusion that caused bitcoin prices to fall. And the decline was the highest in three months. (about 50 percent).
For me, Cryptocurrency is an amazing thing, which has changed so quickly that we can only make a rough guess by K chart analysis.
https://twitter.com/Coinrail_Korea/status/1005650529773486080
Bitcoin has a strong short position and it is aiming to push prices down to a low of $6,000 in February 2018. As you can see from the picture, the bitcoin bearish signal is still strong.
Within a week or two, bitcoin prices could fall below $6,000, and over the next 48 hours the BTC could bounce back slightly to $7,000 to $7240, before falling further.
Only if the daily closing price is above the 10MA (at $7500) can the bearish be stopped.
https://cdn-images-1.medium.com/max/1400/1*_imsHEcoajsc_tK8z4fzeQ.png
Disclaimer: This article is not meant to constitute trading/investment advice. Please use extreme caution when trading any cryptocurrency.
If you have different opinions, you can reply after reading.
Welcome to join our Telegram Group and discuss together.
Telegram Group
https://t.me/CRYPTO_EVEREST
Twitter
https://twitter.com/CRYPTO_EVEREST
https://cdn-images-1.medium.com/max/600/1*_jFTlp3DrOG6E3vWnQ8fJQ.jpeg
For me, Cryptocurrency is an amazing thing, which has changed so quickly that we can only make a rough guess by K chart analysis.
https://twitter.com/Coinrail_Korea/status/1005650529773486080
Bitcoin has a strong short position and it is aiming to push prices down to a low of $6,000 in February 2018. As you can see from the picture, the bitcoin bearish signal is still strong.
Within a week or two, bitcoin prices could fall below $6,000, and over the next 48 hours the BTC could bounce back slightly to $7,000 to $7240, before falling further.
Only if the daily closing price is above the 10MA (at $7500) can the bearish be stopped.
https://cdn-images-1.medium.com/max/1400/1*_imsHEcoajsc_tK8z4fzeQ.png
Disclaimer: This article is not meant to constitute trading/investment advice. Please use extreme caution when trading any cryptocurrency.
If you have different opinions, you can reply after reading.
Welcome to join our Telegram Group and discuss together.
Telegram Group
https://t.me/CRYPTO_EVEREST
https://twitter.com/CRYPTO_EVEREST
https://cdn-images-1.medium.com/max/600/1*_jFTlp3DrOG6E3vWnQ8fJQ.jpeg
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