The big schock coming! But to which levels? 8500 or further? - page 2.

jellyhashman

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Quote from: Bayoe_noe on February 02, 2018, 04:40:50 AM

Quote from: standards on February 02, 2018, 04:24:29 AM

What is the reason behind this magnificent dip?
I anticipated there would be some correction, but never expected it would be so big.

if you see a very drastic reduction in bitcoin prices, I look like last year. beginning in 2017 bitcoin also dropped dramatically and it takes a long time to stabilize and go back up.it might be down to $8000, but hopefully not. if the price drops to $ 8000 alu think it will take a long time to get back to $12000 or more...

IMHO price drops to 6-7k, but we see 12K in 3 months again

Bayoe_noe

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Quote from: standards on February 02, 2018, 04:24:29 AM

What is the reason behind this magnificent dip?
I anticipated there would be some correction, but never expected it would be so big.

if you see a very drastic reduction in bitcoin prices, I look like last year. beginning in 2017 bitcoin also dropped dramatically and it takes a long time to stabilize and go back up.it might be down to $8000, but hopefully not. if the price drops to $ 8000 alu think it will take a long time to get back to $12000 or more...

standards

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What is the reason behind this magnificent dip?
I anticipated there would be some correction, but never expected it would be so big.

CrazeCoinz

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Quote from: ILoveOnions on February 01, 2018, 08:18:31 AM

Hi guys and girls,

I think the time is there for the big shock in price.
I do not know how low it will go. If it continues from here (9200) it will go to at least 8500, maybe 6800.
I still see a lot of potential for bitcoin to grow, but this kind of correction (backtest) is nessecary to go back up again.
There is enough money that wants to flow in, so i would not worry.
I keep my position and am ready to buy a little more!

To which levels do you think we are heading?

What happening now is a big dip in my crypto experience, the price now is at $8.5K and still dumping. A projection that the price will go down near $5k. I will think it on a positive side that, this will be a good opportunity to buy again. Hope that this will stable soon.

n0ne

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Can't predict the reality, it is all about the time period. We might end up same as that we were during the starting days of 2017. Else, this could be a massive correction phase for the price that grew much higher rising the capital to a much higher value. Even by this time experts has predicted it'll bump to $50k once after the ongoing price dip.

egyptian magician

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Either lots of Bitcoin noobs are out here now or people just have short term memories. We haven't even reached the panic phase yet of the bubble life-cycle. This is apparently the "new normal" phase at present. Hold on tight, we're going to go way down from here.

prehisto

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Your Data Belongs To You

Yes, I think it could go as low as 8000$.
On one hand it is not a big surprise because technical analysis did say it will happen on other hand i am furious on myself because i did buy some alts exactly before the last dip , i had no to be aptient only 1-2 days and my plan would have worked. Stupid. Hope I will learn.

rajuahmed330

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Yes, can be or more down.
Because the last year bitcoin price Pump very much although its very high. Go for sell, and after the low value of bitcoin then, try to buy more extra. It will going very high in the end of the year 2018. No tension just check every condition.

standards

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Quote from: midvoc on February 01, 2018, 09:19:06 AM

no-one knows what is going to happen but there has been 50%+ loss from january and it is still falling.

the price of bitcoin is still massively inflated so it should stall further.

i am holding altcoins and if bitcoin goes then i hope that some of the alts takeover and moon Wink

I don't think bitcoin is 'massively inflated'.
As for altcoins, most of which are falling hard today.
The only big one that is green is ethereum.

RawDog

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Going all the way down to $5,500 - where it belongs. $10,000 was a very stupid 'end of year' goal that got everyone too horny. $5,500 is probably over valued. Sell now, buy back then. Save 4000!

Bayoe_noe

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Quote from: Kemarit on February 01, 2018, 08:31:46 AM

Quote from: ILoveOnions on February 01, 2018, 08:18:31 AM

Hi guys and girls,

I think the time is there for the big shock in price.
I do not know how low it will go. If it continues from here (9200) it will go to at least 8500, maybe 6800.
I still see a lot of potential for bitcoin to grow, but this kind of correction (backtest) is nessecary to go back up again.
There is enough money that wants to flow in, so i would not worry.
I keep my position and am ready to buy a little more!

To which levels do you think we are heading?

LOL. Been busy in the last couple of weeks and when I came back bitcoin is on another price correction. As far as the bottom price? I really don't care. I always look at the bright side of it. Time to buy and stock up more bitcoins. Everyone should take this opportunity to get it while its still cheap. Yes, this is another test to shake the weak hands. Its always been the case. So If I were in your shoes, I will not dump my coins just because its going down. You have to look at the potential profit you gonna earn if you hold it longer. Don't listen to FUD. Money always moves from the weak hands into strong hands. This is just another hurdle that we can overcome in the next couple of days.

really, this time is the right time to buy bitcoin or altcoin. and who can take hold long then they will win. we just need to be patient and wait for the right time to sell. for some people will panic when you see the price is getting down. but the benefit of the whales is to take advantage of the present time to buy more bitcoins ..

9jaflick

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If you hoping to the rise on bitcoin price, your expectation should be on mid year. If you want make good money from bitcoin, now is the time to accumulate some

midvoc

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no-one knows what is going to happen but there has been 50%+ loss from january and it is still falling.

the price of bitcoin is still massively inflated so it should stall further.

i am holding altcoins and if bitcoin goes then i hope that some of the alts takeover and moon Wink

standards

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Quote from: krishnaverma on February 01, 2018, 09:04:42 AM

I am surprised to see the prices going down and be ready to see a further decline of at least $1000 in next few days. This is because today in the Financial budget announced in India, the finance minister had already announced that they will ban Bitcoins in India. This means that a lot of Indian people will take pout their money and we will see decrease in demand. However, there is no need to panic if you are investing for long term.

I didn't notice that. So is this the reason bitcoin dump so hard today?
bitcoin has been declining for several weeks.
Lots of newbie investors will panic and cash out, ordinary people will be afraid to buy it.

BrewMaster

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Quote from: ILoveOnions on February 01, 2018, 08:18:31 AM

I think the time is there for the big shock in price.

the only thing shocking was the fact that price went below $10k despite the very big buy support that existed there and still exists.
the fact that it is going down now is not shocking anymore, a major support was broken successfully after a lot of effort Cheesy

Quote

I do not know how low it will go. If it continues from here (9200) it will go to at least 8500, maybe 6800.

just because it went down it doesn't mean it will continue going down.
it may go lower but for different reasons.

Quote

I still see a lot of potential for bitcoin to grow, but this kind of correction (backtest) is nessecary to go back up again.

very true but this is not longer a correction Tongue

the same way when suddenly grows 2x we call it bubble, right now it is some sort of "reverse bubble" where price has dropped nearly 60%

onnz423

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Quote from: weronixa on February 01, 2018, 08:42:43 AM

I think a lot of buyers would approach if the price went that low.

1 BTC = 1 BTC

This will always be true. So long as people just try to grow their absolute BTC investment, and not worry about what the exchange rate is in terms of fiat, then they can only succeed (unless they're complete idiots).

Don't focus on how the market is "crashing" when all cryptos are down, just focus on making logical investments with your BTC. If you can't afford to convert fiat to crypto, then just invest in crypto, and trade sideways.

krishnaverma

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I am surprised to see the prices going down and be ready to see a further decline of at least $1000 in next few days. This is because today in the Financial budget announced in India, the finance minister had already announced that they will ban Bitcoins in India. This means that a lot of Indian people will take pout their money and we will see decrease in demand. However, there is no need to panic if you are investing for long term.

derigop

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Quote from: ILoveOnions on February 01, 2018, 08:18:31 AM

Hi guys and girls,

I think the time is there for the big shock in price.
I do not know how low it will go. If it continues from here (9200) it will go to at least 8500, maybe 6800.
I still see a lot of potential for bitcoin to grow, but this kind of correction (backtest) is nessecary to go back up again.
There is enough money that wants to flow in, so i would not worry.
I keep my position and am ready to buy a little more!

To which levels do you think we are heading?

For me this is the best time to invest more in bitcoin because of having its low value today and eventually I know that its value will raise again like last december that it has the highest value and I believe it will overcome the highest value recorded last december.

Haunebu

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Quote from: Kemarit on February 01, 2018, 08:31:46 AM

Quote from: ILoveOnions on February 01, 2018, 08:18:31 AM

Hi guys and girls,

I think the time is there for the big shock in price.
I do not know how low it will go. If it continues from here (9200) it will go to at least 8500, maybe 6800.
I still see a lot of potential for bitcoin to grow, but this kind of correction (backtest) is nessecary to go back up again.
There is enough money that wants to flow in, so i would not worry.
I keep my position and am ready to buy a little more!

To which levels do you think we are heading?

LOL. Been busy in the last couple of weeks and when I came back bitcoin is on another price correction. As far as the bottom price? I really don't care. I always look at the bright side of it. Time to buy and stock up more bitcoins. Everyone should take this opportunity to get it while its still cheap. Yes, this is another test to shake the weak hands. Its always been the case. So If I were in your shoes, I will not dump my coins just because its going down. You have to look at the potential profit you gonna earn if you hold it longer. Don't listen to FUD. Money always moves from the weak hands into strong hands. This is just another hurdle that we can overcome in the next couple of days.

You spoke my thoughts. This is actually a great opportunity to buy bitcoin when its value is dipping and it is possible to earn quick short term profits this way since I am expecting a big rally from the entire crypto market later this month. I have already purchases 0.5 bitcoin and several thousands of Dentacoin which I will HODL for long term profits. The media is blowing the India ban out of proportion which is one more case of ignorant FUD and I advise everyone to ignore them and focus on HODLING your coins since 2018 will be bigger than 2017 for crypto.

macartem

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Quote from: ILoveOnions on February 01, 2018, 08:18:31 AM

Hi guys and girls,

I think the time is there for the big shock in price.
I do not know how low it will go. If it continues from here (9200) it will go to at least 8500, maybe 6800.
I still see a lot of potential for bitcoin to grow, but this kind of correction (backtest) is nessecary to go back up again.
There is enough money that wants to flow in, so i would not worry.
I keep my position and am ready to buy a little more!

To which levels do you think we are heading?

I think that this is a fall before big growth. I think that already in June we will see a big price increase

Topic: The big schock coming! But to which levels? 8500 or further? - page 2. (Read 602 times)