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Topic: Why BTC is under $7K? - page 2. (Read 613 times)

sr. member
Activity: 1274
Merit: 263
June 20, 2018, 04:49:44 PM
#73
The other reason why bitcoin price until now is under 7k dollars is because of the panic seller because they did not believe bitcoin will recover again. And the other investor still waitung for the sign again to increase the price even a little and I think they buy more again and the price will pump again and we will earn more money again 10k dollars possible for this month.
full member
Activity: 882
Merit: 104
June 20, 2018, 03:43:17 PM
#72
On the market, today i see the BTC price is under $7K? I do not why, do you have any ideas for this? Do you think the price will increase again or it will continue to go down?  I hope on this month the will go uptrend for a long time and will reach over $10K. Thank you for your opinion.
Decreasing the price bitcoin is normal everyday it's changing the price even ow that bitcoin is under 7k we don't hear any news about what happen why bitcoin go down the price there's a lot of circumstances why the market is volatile now. But we still hoping that we can recover about this.
copper member
Activity: 2940
Merit: 4101
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June 20, 2018, 03:30:51 PM
#71
We got too much hype about Bitcoin in Q4 2017, it is what sent Bitcoin to the roof. It happened based on the feelings mainly. It doesn't mean it should not happen, it shall but not so fast. People are used to think bitcoin shall be 20,000$ absolutely and it is totally wrong.
Recently the curve seems longer than usual, which could mean it will take a while to see the price up again (just my 2 cents)
full member
Activity: 644
Merit: 107
June 20, 2018, 05:31:51 AM
#70
perhaps because miners and investors have plenty hold of bitcoins and sell them from the high bitcoin prices so that the bitcoin price is slowing down $7k today, but we do not have to worry about bitcoins today because of the bitcoin condition, because of the bitcoin process.
indeed bitcoin is undergoing a long correction. but, I agree with your opinion that bitcoin is in the process of making good grades for the future. bitcoin values are now slowly rising and rising. hopefully, the value of being traded by traders and investors can immediately pick up the high value back next month.
legendary
Activity: 2674
Merit: 1048
June 20, 2018, 12:08:20 AM
#69
The questions of WHY for bitcoin price movements do have a broad answer and should be understood when bitcoin prices decrease. Bitcoin prices are always moving depending on the information, and I've never seen bitcoin prices have a stable price. A few days back there is a lot of bad information about cryptocurrency, which is vulnerable an exchange hack by hackers. The price hike in 2018 is largely influenced by hacked exchange, many of which assume that investing in cryptocurrency will only make a loss.
legendary
Activity: 2758
Merit: 1004
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June 19, 2018, 11:54:34 PM
#68
perhaps because miners and investors have plenty hold of bitcoins and sell them from the high bitcoin prices so that the bitcoin price is slowing down $7k today, but we do not have to worry about bitcoins today because of the bitcoin condition, because of the bitcoin process.

Some bad news these days made btc down trend. Do you think BTC will go down under 6K? I heard information that Bithumb exchange from Korea was hacked. I think every investors should be carefully to invest. Good luck to all
well, this is always there every year, but I think this is a hard decline if measured since 2017. well, I just hope bitcoin prices go back up above $ 7500 price. yesterday bitcoin prices have increased, but for some reason today again decreased.
newbie
Activity: 238
Merit: 0
June 19, 2018, 11:27:35 PM
#67
perhaps because miners and investors have plenty hold of bitcoins and sell them from the high bitcoin prices so that the bitcoin price is slowing down $7k today, but we do not have to worry about bitcoins today because of the bitcoin condition, because of the bitcoin process.

Some bad news these days made btc down trend. Do you think BTC will go down under 6K? I heard information that Bithumb exchange from Korea was hacked. I think every investors should be carefully to invest. Good luck to all
legendary
Activity: 3080
Merit: 1353
June 15, 2018, 03:27:58 AM
#66
Well there was a common notion that the crashed has something to do with a South Korean exchange being hacked. But my problem with this argument is that the exchanges that was hacked as far as I know what not that well known, so I keep on struggling to understand if this is the real reason. Maybe it's just the catalyst that the market manipulators have all been waiting for, to put a big sell order to send messages again to those newbie investors. And eventually they succeeded because there was a panic pulling the price to another all-time-low this year at $6000. Although the market has started to bounce back, I'm still not sold on it because daily traders will take advantage of this situation again so just used your common sense before re-entering so that you will not be disappointed.
member
Activity: 139
Merit: 10
June 15, 2018, 03:25:44 AM
#65
There is a lot of fud and people with weak hands actually selling that is the main reason of why everything seems to be extra dumped, anyway, this is not so bad
full member
Activity: 293
Merit: 107
June 15, 2018, 02:58:09 AM
#64
perhaps because miners and investors have plenty hold of bitcoins and sell them from the high bitcoin prices so that the bitcoin price is slowing down $7k today, but we do not have to worry about bitcoins today because of the bitcoin condition, because of the bitcoin process.
newbie
Activity: 2
Merit: 0
June 14, 2018, 08:28:59 PM
#63
I think the price of this end BTC went down because investors were selling its assets for their personal needs, maybe after a month it price BTC gonna rise again
newbie
Activity: 154
Merit: 0
June 14, 2018, 08:06:08 PM
#62
And I think that the price of bitcoin is artificially understated by large players in order to purchase as cheaply as possible! In any case, I am sure that by the end of 2019 the price for 1 bitcoin will be not less than 100 000 dollars!
newbie
Activity: 238
Merit: 0
June 14, 2018, 06:50:10 PM
#61
Do not believe the market, there is an opinion that whales are trying to create a panic, in order to buy the cryptocurrency is cheaper. Do not sell.

Yes, i agree with you, i will hold BTC and ETH for a long time, i have a long plan with them. I think this time we should buy more and more. Thank you for you opinion and advise. Good luck
newbie
Activity: 238
Merit: 0
June 14, 2018, 06:46:27 PM
#60
Yesterday BTC was 6k3, the big chance for all investors to buy BTC, ETH, i think this is the best price you can buy them this year, i hope all investors do not miss out this chance to invest. Good luck to all
hero member
Activity: 3066
Merit: 629
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June 14, 2018, 03:38:35 PM
#59
Nobody knows exactly the right answer for it it’s complicated
There are news out there that can tell you the possible reason why bitcoin has been down since mid of this year.

It's just a speculation but I hope when I'll wake up tomorrow I won't see BTC under 6k  Sad
It's not a speculation and that is real happening. I'm putting my faith also that when I wake up something's going to happen positively and the price will move again higher.
newbie
Activity: 252
Merit: 0
June 14, 2018, 02:29:39 PM
#58
the market is in crisis, but there are many predictions that by the end of the year bitcoin will cost much more than now! a lot of sites already accept payment in the crypto currency
jr. member
Activity: 214
Merit: 1
June 14, 2018, 02:15:05 PM
#57
Nobody knows exactly the right answer for it it’s complicated
full member
Activity: 518
Merit: 100
June 14, 2018, 11:19:03 AM
#56
The lack of optimism is also probably prolonging the bear cycle. The market is new and thus can more easily suffer emotional ‘manipulation’.
newbie
Activity: 70
Merit: 0
June 14, 2018, 08:07:55 AM
#55
no new money to the market
full member
Activity: 266
Merit: 100
June 14, 2018, 04:47:28 AM
#54
If it is in my opinion the price of bitcoin next month looks like gonna rise again due to the activity of the lively market
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