When will this bitcoin will go down? - page 8.

richardsNY

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Quote from: newcoins1978 on January 05, 2016, 07:03:44 PM

Quote from: richardsNY on January 05, 2016, 06:56:58 PM

Quote from: 2legit2 on January 05, 2016, 06:48:38 PM

it will never go down of course because bitcoin is the best currency ever

The price can always go down. Saying it can't go down doesn't make any sense. The price has been volatile since the very beginning, which is what makes traders keep trading and it also attracts new investors.

Well 2legit2 gives a very legit reason why the price shouldn't go down.
"because bitcoin is the best currency ever"

That part of your comment doesn't make much sense either. You need to read everything again since you didn't seem to get the clue of my previous post.

newcoins1978

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Quote from: richardsNY on January 05, 2016, 06:56:58 PM

Quote from: 2legit2 on January 05, 2016, 06:48:38 PM

it will never go down of course because bitcoin is the best currency ever

The price can always go down. Saying it can't go down doesn't make any sense. The price has been volatile since the very beginning, which is what makes traders keep trading and it also attracts new investors.

Well 2legit2 gives a very legit reason why the price shouldn't go down.
"because bitcoin is the best currency ever"

I do expect the price to go down the coming period, not sure why, but we can't hold the 400 floor forever.

richardsNY

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Quote from: 2legit2 on January 05, 2016, 06:48:38 PM

it will never go down of course because bitcoin is the best currency ever

The price can always go down. Saying it can't go down doesn't make any sense. The price has been volatile since the very beginning, which is what makes traders keep trading and it also attracts new investors.

2legit2

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it will never go down of course because bitcoin is the best currency ever

Zitdadast

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Quote from: Supercrypt on January 01, 2016, 08:42:23 PM

Quote from: chokesir on January 01, 2016, 05:52:34 PM

Expect some great downfall if we go under the 400 dollar.
Potentially i could sack to 300 dollar aswell. Very interesting to see what will happen right.

No chance. The recent increasing mining difficulty and competition in mining, will support bitcoin prices to go up. Because basically bitcoin prices are getting fixed by mining costs. So, when there are more people competing themselves for mining bitcoin, then the prices of bitcoin will keep on going forward. Expect a stable $500 levels soon.

I think it is the other way around. The mining difficulty is affected by the bitcoin price. When the price is low, miners will shut down their miners, the difficulty will drop.

mtnsaa

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If you are waiting to get in, I would wait until it hits $400 or below, there could be some chances in the upcoming months if a downtrend is started just like the previous year. Then it will spike up for sure.

Zitdadast

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Quote from: takingthis4 on January 01, 2016, 03:25:31 PM

it will never go down in the future the price will grow significantly

This is the the argument supported by facts. The general trend of bitcoin price is up, but there are dips as well.

killerjoegreece

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if i knew that i would be rich

bitgolden

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Quote from: Supercrypt on January 01, 2016, 08:42:23 PM

Quote from: chokesir on January 01, 2016, 05:52:34 PM

Expect some great downfall if we go under the 400 dollar.
Potentially i could sack to 300 dollar aswell. Very interesting to see what will happen right.

No chance. The recent increasing mining difficulty and competition in mining, will support bitcoin prices to go up. Because basically bitcoin prices are getting fixed by mining costs. So, when there are more people competing themselves for mining bitcoin, then the prices of bitcoin will keep on going forward. Expect a stable $500 levels soon.

Yes, If we understand the bitcoin ecosystem completely then we cannot but when will the bitcoin prices go down. Because bitcoin will be used the like gold for the medium of exchange. So I believe one Satoshi will be praised like 1 gram of gold.

Supercrypt

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Quote from: chokesir on January 01, 2016, 05:52:34 PM

Expect some great downfall if we go under the 400 dollar.
Potentially i could sack to 300 dollar aswell. Very interesting to see what will happen right.

No chance. The recent increasing mining difficulty and competition in mining, will support bitcoin prices to go up. Because basically bitcoin prices are getting fixed by mining costs. So, when there are more people competing themselves for mining bitcoin, then the prices of bitcoin will keep on going forward. Expect a stable $500 levels soon.

ajareselde

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Satoshi is rolling in his grave. #bitcoin

Quote from: chokesir on January 01, 2016, 05:52:34 PM

Expect some great downfall if we go under the 400 dollar.
Potentially i could sack to 300 dollar aswell. Very interesting to see what will happen right.

You all should stop analyzing bitcoin price so short term. Just for a moment try to forget all about it's price and take a look at total number
of transactions over time. That graphis the only thing you need to look at.

https://blockchain.info/de/charts/n-transactions?showDataPoints=true×pan=all&daysAverageString=7&scale=0&address=
Does it look like it's about to go down (looking longterm atleast)

chokesir

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Expect some great downfall if we go under the 400 dollar.
Potentially i could sack to 300 dollar aswell. Very interesting to see what will happen right.

bitlancr

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Quote from: takingthis4 on January 01, 2016, 03:25:31 PM

it will never go down in the future the price will grow significantly

It's good to see you have solid arguments backed by fact to say this.
having said this my guess would be within 1 month.

takingthis4

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it will never go down in the future the price will grow significantly

Denker

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Quote from: Hugroll on December 31, 2015, 09:31:10 PM

Quote from: roldstin on November 27, 2015, 12:08:40 AM

I mean , i really want to invest in this , but the price is too much high, do they go down? In what month?

i dont think its going to go down anytime soon. the halfing is also gonna happen next year and thats just gonna drive the price up even more. id say look at the price price as the lowest and invest in now.

Me neither. It seems we are pretty solid and stable at the actual range 420-430.
We might stay here for a while,so this could be a chance for somebody to buy in or buy a bit more, or we will slowly start to continue rising within the next weeks.

Amph

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Quote from: kapguy on December 31, 2015, 11:31:33 PM

Why does everyone think the halving will create an instant jump in price? Isn't this already baked into the current price? Everyone knows this coming, so the market already anticipates this? Sounds like wishful thinking.

because it's called hype, in fact it by no means an unstable pump, high chance that sfter he pump happen, for the halving, we will return to the previous value, well maybe with a small correction, toward the up

mobnepal

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Quote from: kapguy on December 31, 2015, 11:31:33 PM

Why does everyone think the halving will create an instant jump in price? Isn't this already baked into the current price? Everyone knows this coming, so the market already anticipates this? Sounds like wishful thinking.

we can't compare the ongoing pump and dump scheme with the impact of halving. It may only start to impact 1-2 month before halving and also after halving there will be some more moves. We can't only predict market to go up, there can also be some downtrends.

kapguy

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Why does everyone think the halving will create an instant jump in price? Isn't this already baked into the current price? Everyone knows this coming, so the market already anticipates this? Sounds like wishful thinking.

Hugroll

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Quote from: roldstin on November 27, 2015, 12:08:40 AM

I mean , i really want to invest in this , but the price is too much high, do they go down? In what month?

i dont think its going to go down anytime soon. the halfing is also gonna happen next year and thats just gonna drive the price up even more. id say look at the price price as the lowest and invest in now.

ivanst776

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Bitcoin will go down every time (every day or week) as it is designed to be unstable currency, but a crash i don't expect in the near future.
I haven't seen a linear line in the bitcoin price chart, it's always ups and downs like the heart pulse of a human.

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