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Topic: What did I tell you? BTC will stay down under $600 - page 2. (Read 11044 times)

sr. member
Activity: 244
Merit: 250
The price of the bitcoin is not under the 600 and that is nice becuase i know for sure that the price wont be under the 600 in this year any more believe me.
global moderator
Activity: 2324
Merit: 1179
While my guitar gently weeps!!!
The price is under $600 again, I don't know why the big dump happened. I bought bitcoin at $620, now I am at loss   Cry

No need to panic about it... Just consider it as fund for a while til the price goes up higher than the price when you bought it... I checked it and that was a long red candlestick, which also happened last time this month also... I think, like everyone said, it is normal... Just avoid watching the price too much, it will just stress you out...  Smiley
legendary
Activity: 2898
Merit: 1823
You are right. Bitcoin's price movement is normal and it is more volatile than usual at times so there is no need to panic but there is no need to hype if it is going up. We should face reality and quit making hypey comments. The price will go where it will go and we have to face the music if it goes against us. But really now, Bitcoin has proven itself as something that has real value to society. If the price goes down then that would be a good opportunity to bargain hunt and get in at a good price.

I know this thread came off as arrogant to some but before I was saying to be careful with the price of Bitcoin because it might go below $600. I was only merely trying to tell them what I thought without any malice.
legendary
Activity: 1386
Merit: 1020
DGbet.fun - Crypto Sportsbook
The price is under $600 again, I don't know why the big dump happened. I bought bitcoin at $620, now I am at loss   Cry

Well its just a normal thing  on bitcoin price to go down. If you bought on $620 then  dont sell those coins for sure you would  have negative profit , just keep it  and  wait  because  bitcoins price would surely bounces up again because   if   bitcoins goes down its price more buyers would  eventually see this as an opportunity  thats why  they would definitely  bought bitcoins again which could make  the  price increase again.
member
Activity: 89
Merit: 10
The price is under $600 again, I don't know why the big dump happened. I bought bitcoin at $620, now I am at loss   Cry
legendary
Activity: 3472
Merit: 10611
Okay.  You are really right.  You are good in prediction.  Maybe you should buy some stocks and invest with it.  You will really have a good money through it.  It is sad that its price stays on that after the bitfinex hack issue.  Hope that it would end the year 2016 with a good comeback.

these are all pointless and random predictions. if you like that you should go play a dice game and try to predict the next roll and enjoy when you are right.

this board is called speculation and you need to and some analysis to your prediction to make it worth reading.
sr. member
Activity: 336
Merit: 250
Okay.  You are really right.  You are good in prediction.  Maybe you should buy some stocks and invest with it.  You will really have a good money through it.  It is sad that its price stays on that after the bitfinex hack issue.  Hope that it would end the year 2016 with a good comeback.
full member
Activity: 196
Merit: 100
The price was not under $600 for long.

And it seems to be really stable now too.
yes that is a fact and i was expected that the price of bitcoin will not stay below 600$ for a long time and now we can see that the price of bitcoin is trading above 600$, more expectation about bitcoin are that the price of bitcoin will cover 1200 USD level this time at end of 2016.
legendary
Activity: 1106
Merit: 1005
The price was not under $600 for long.

And it seems to be really stable now too.

I agree btc has been stable for sometime now, funny OP just bragged too early, because BTC hits the amount he predicted.  Now  it is over 600 usd I wonder where OP is, he should have eaten his bragging right now.  Anyway after this being stable if there is  no bad press happen to bitcoin it might hit 700 USD again before the end of the year.

He'll probably make a prediction after the next high that the price will 'plummet to $700' or whatever.

And then cause 'panic' again and say "told you so" when a normal correction happens.

Completely ignoring the fact that bitcoin price is actually increasing in the main-time.

Permabears are strange creatures.

Guess bears just eat to many trolls, since they both live in caves.
legendary
Activity: 3010
Merit: 1280
Get $2100 deposit bonuses & 60 FS
The price was not under $600 for long.

And it seems to be really stable now too.

I agree btc has been stable for sometime now, funny OP just bragged too early, because BTC hits the amount he predicted.  Now  it is over 600 usd I wonder where OP is, he should have eaten his bragging right now.  Anyway after this being stable if there is  no bad press happen to bitcoin it might hit 700 USD again before the end of the year.
legendary
Activity: 3514
Merit: 1280
English ⬄ Russian Translation Services
True.
I think the current price is still a good level to invest at.
I'm still expecting a rise to mid $700 over the next six months.
But I just bought some Monero and need to pay off some bills.
I still might invest a bit more in Bitcoin since I can't really see a way it will drop much below $600.

And then another huge wallet/trading site gets hacked and it drops another 100$, Are still thinking there's no way it could go down ?

And I can tell you what will happen next. If someone is so lucky as to steal another 120,000 bitcoins from somewhere, the price may plunge $100 again. But since it is already understood that this is nothing else but an excellent opportunity to get bitcoins at a discount, a lot of people will immediately try to jump on this bandwagon in the pursuit of quick profits, and the price will bounce back as fast as it plunged down. I guess the orders have already been placed all over the market...

Personally, I think the amount to be stolen should be times higher than 120K to have any sizable effect on the price now
hero member
Activity: 1456
Merit: 624
Maintain Social Distance, Stay safe.
True.
I think the current price is still a good level to invest at.
I'm still expecting a rise to mid $700 over the next six months.
But I just bought some Monero and need to pay off some bills.
I still might invest a bit more in Bitcoin since I can't really see a way it will drop much below $600.

And then another huge wallet/trading site gets hacked and it drops another 100$, Are still thinking there's no way it could go down ?

Let's hope the other exchanges got their security on a higher level then bitfinex. It's wrong that the price tanks juts because an exchange forget to implement adequate security measures and execute them.
I think better to change their security daily so that they can not attack by bruteforcing.. honestly almost ddos attack is their problem that you should prevent them to attack your site.. you can also use to change your port so that they can not trace your password and open..
member
Activity: 238
Merit: 10
True.
I think the current price is still a good level to invest at.
I'm still expecting a rise to mid $700 over the next six months.
But I just bought some Monero and need to pay off some bills.
I still might invest a bit more in Bitcoin since I can't really see a way it will drop much below $600.

And then another huge wallet/trading site gets hacked and it drops another 100$, Are still thinking there's no way it could go down ?

Let's hope the other exchanges got their security on a higher level then bitfinex. It's wrong that the price tanks juts because an exchange forget to implement adequate security measures and execute them.

I think the bitcoin price has recovered well from the Bitfinex hack. It is consolidating at the moment and will rise soon.
legendary
Activity: 1946
Merit: 1427
True.
I think the current price is still a good level to invest at.
I'm still expecting a rise to mid $700 over the next six months.
But I just bought some Monero and need to pay off some bills.
I still might invest a bit more in Bitcoin since I can't really see a way it will drop much below $600.

And then another huge wallet/trading site gets hacked and it drops another 100$, Are still thinking there's no way it could go down ?
sr. member
Activity: 298
Merit: 250
True.
I think the current price is still a good level to invest at.
I'm still expecting a rise to mid $700 over the next six months.
But I just bought some Monero and need to pay off some bills.
I still might invest a bit more in Bitcoin since I can't really see a way it will drop much below $600.

And then another huge wallet/trading site gets hacked and it drops another 100$, Are still thinking there's no way it could go down ?

Let's hope the other exchanges got their security on a higher level then bitfinex. It's wrong that the price tanks juts because an exchange forget to implement adequate security measures and execute them.
sr. member
Activity: 434
Merit: 250
True.
I think the current price is still a good level to invest at.
I'm still expecting a rise to mid $700 over the next six months.
But I just bought some Monero and need to pay off some bills.
I still might invest a bit more in Bitcoin since I can't really see a way it will drop much below $600.
legendary
Activity: 896
Merit: 1000
I can see BTC dropping JUST below 600, but not much more.
If it goes to 598 dollars or something, I guarantee that is a good time to buy, even if you just want to wait a day or two for it to go back up to 610 and sell for a quick profit.

Unless some of the other coins get really popular I cant see the price going down too far,
but anything could happen.

if you as investor are long term minded, then there is no need to wait for the price to go down a few bucks to start with buying. with such mindset you can buy at the current levels without any problems. what you can do is that you buy with around 25% of your money for investment purposes right now, and save the rest for when the price goes down. that way you can benefit from the price going in both directions.
hero member
Activity: 966
Merit: 506
Right now btc is already above what you claimed so what you claimed is false and negative. Bitcoin will not stay under a certain area. Either it keeps expanding or it dies out and it's not ready to die out yet. We are still going up even if it's not by much.

Right, now bitcoin has been crossed $600, and now bitcoin is $606, its mean don't need to worried about it, mostly people are creating the rumors that bitcoin die, only one solution that avoid it all and do your investment in bitcoin. 
sr. member
Activity: 434
Merit: 250
I can see BTC dropping JUST below 600, but not much more.
If it goes to 598 dollars or something, I guarantee that is a good time to buy, even if you just want to wait a day or two for it to go back up to 610 and sell for a quick profit.

Unless some of the other coins get really popular I cant see the price going down too far,
but anything could happen.
legendary
Activity: 3514
Merit: 1280
English ⬄ Russian Translation Services
Speculating the price of Bitcoin can only prove if you are right or if you are wrong will depend on where it actually goes. So in my defense if I am saying one thing and I am proven wrong because the price went the other way, then would it even matter? Because the next time it will go to another direction, proving me to become right again.

This is all speculation from my part. You should all know that we are all together riding the Bitcoin boat. But it does not mean that we should not have fun making guessing games on the price movements of Bitcoin.

So let us play. I can see Bitcoin going back down below $600 in the coming weeks and my statement that it will be below $600 by the end of the year still stands.

And what's the purpose of such speculations then? Unless you are going to put your money where your mouth is (that is, bet something valuable on the outcome that you preach for) and live up to that, it is no more than an exercise in vanity and futility, which I have already said earlier in the thread. Personally, I don't see much fun going on in this thread whereas negativity is brimming over. As I remember, your opening post was quite different in tone, "people being in denial" and that sort of thing...

Is this what you were looking for, a bit of cheap popularity among forum trolls?
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