Will bitcoin come a low price..!? - page 2.

richardsNY

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Quote from: BitHodler on May 05, 2018, 11:08:52 AM

I wasn't all that focused on tax sales at that time, but that would only convince me more of a correction to happen at $20,000.

Well, the thing with these somewhat predictable events is that you only know that they affect the market until they actually affected the market. And then we have to see the effect of the tax season on a market that hasn't gone up like crazy. There are too many variables involved making events such as the tax season work out as you think this year, but not work at all the year after. In other words, past events offer no guarantees in the future. What I however do agree with is that when we like last year experienced a crazy rush towards the end of the year, that it is very likely for a correction to occur due to investors using their profits to pay for their taxes. It still doesn't offer any guarantees, but it increases the probability of tax sales.

VapeCoinKeks

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Bitcoin falls because the volume of sales is more than the volume of purchases. When the volume of purchases is higher, bitcoin rises.

Ewox

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Bitcoin has increased to $2k more recently and people are even waiting for the coin to shoot up. The best way to do it is just to hold your coin if it is for long term investment and wait for bitcoin to rise.

19Nov16

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Bitcoin is still a very profitable and popular thing, and the proof we can see that more and more devs. which develop bitcoin, this will certainly make bitcoin continues to be valuable and expensive.

BitHodler

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Quote from: Febo on May 05, 2018, 10:38:17 AM

You were totally right. Bitcoin under $7k is super cheap. I hope you used your wisdom back then and grabbed handful of them.

He wasn't right. His words where just not used in the right manner. He meant why the price dropped down that much from the all time high, and that's really it. These people aren't buyers, just doubters.

Everyone with a basic level of market understanding would know how strong past bottoms are, especially when it comes to base bottoms, and that was exactly what the $6000 mark was. It's common market knowledge.

Just like bull runs have their limits, so do corrections too. In case of the bull run it was pretty obvious that it wouldn't break the $20,000 mark, and in the same way that applied to the bottom.

I wasn't all that focused on tax sales at that time, but that would only convince me more of a correction to happen at $20,000.

Febo

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Quote from: Sakibhasan.bd on April 02, 2018, 11:40:09 AM

What's going on about bicoin....!
Right now bitcoin price is 7,010.00 US Dollar.
It is very cheap rate for bitcoin. Why bitcoin getting down and down? Huh

You were totally right. Bitcoin under $7k is super cheap. I hope you used your wisdom back then and grabbed handful of them. On other hand bitcoin over $11k might be to expensive. At least so far. But Bitcoin economy is keep growing, so there is no worry that this barrier will not get broken.

okala

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The down is over for now and we are in a bullish momentum across the major cryptocurrencies. Buying should be the right things to do now if you really what to make some good profits in future.

Fedor07

member

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Yes , bitcoin price was really small back then but he came back after a few weeks . Bitcoin dropped dramatically this year , but he is coming back right now , he is starting to grow more then more . At the beginning of this weeks hes value was just 8000$ and after one weeks he grew up to 9700$ , almost 10k $.

bocyaj

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Here is the answer for you.Now the price of bitcoin is 9500$ and it is expected to reach 10,000$.As like you many had worry about the bottom of price during April.Due to the financial year end the bitcoin price is struggle to reach 7000$ on April and same yet to reach the value of 10,000$.

H0USE

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Quote from: Sakibhasan.bd on April 02, 2018, 11:40:09 AM

What's going on about bicoin....!
Right now bitcoin price is 7,010.00 US Dollar.
It is very cheap rate for bitcoin. Why bitcoin getting down and down? Huh

If you are long term hodler of Bitcoin then you should not care for the prices and normal pump and situation because in the long term you will get your expected profits as prices touch the moon but if you are small term hodler then you should take care of prices without getting panic and they will recover soon and speculations are to $20-$25k by year end.So stay calm and hodl your coins.

eann014

hero member

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Quote from: Sakibhasan.bd on April 02, 2018, 11:40:09 AM

What's going on about bicoin....!
Right now bitcoin price is 7,010.00 US Dollar.
It is very cheap rate for bitcoin. Why bitcoin getting down and down? Huh

It is a good price for those who want to invest with a low price. Don't expect huge amount with bitcoin immediately, it also takes time to recover and as what I can see, it is now recovering after the dips. Let's just wait for months to recover. Who knows? Maybe bitcoin will pump up again more than the last ATH's. Grin

I didn't say that you must expect that, I just want to say that, bitcoin also needs time before it totally recovers.

Tigorss

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Quote from: Sakibhasan.bd on April 02, 2018, 11:40:09 AM

What's going on about bicoin....!
Right now bitcoin price is 7,010.00 US Dollar.
It is very cheap rate for bitcoin. Why bitcoin getting down and down? Huh

bitcoin first came very cheap indeed, with the time bitcoin much in demand and the price becomes expensive until now. and I think the future price will increase again.

ASHLIUSZ

hero member

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At certain time interval the price correction takes place with accordance to the market growth as well the adoption taking place within that stipulated time period. Apart from this due to the speculations related to this the value fluctuates. The recent price drops were much dependent upon the regulation of bitcoin use around the world.

mostcrack

member

Activity: 548

Merit: 12

Quote from: fndsr on April 29, 2018, 12:07:10 PM

Quote from: Sakibhasan.bd on April 02, 2018, 11:40:09 AM

What's going on about bicoin....!
Right now bitcoin price is 7,010.00 US Dollar.
It is very cheap rate for bitcoin. Why bitcoin getting down and down? Huh

indeed anyone can not know the exact predictions about bitcoin price in the future but if you are sure and believe bitcoin will again rise quite rapidly just patiently waiting

Yes it is true no one knows the future, but I am sure it will be very extraordinary in the future, which now has become a trend Bitcoin around the world, in addition to the new investors who can increase the price little by little, I really like the news when this is a lot of big companies glance Bitcoin for business affairs, famous people take advantage of the potential of Bitcoin, but with the rise of ICO projects and new coins everywhere will slightly inhibit Bitcoin, and they obviously want to take profits at low prices, for several months forward.

Kemarit

legendary

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Quote from: Sakibhasan.bd on April 02, 2018, 11:40:09 AM

What's going on about bicoin....!
Right now bitcoin price is 7,010.00 US Dollar.
It is very cheap rate for bitcoin. Why bitcoin getting down and down? Huh

It even reaches as low as $6500 mate. And moving forward after you open this thread, bitcoin is now inching closer to $10000. So in just a month, bitcoin bounce back and recovered almost $3000. That's how resilient bitcoin market it, we may have seen one of the worst start that we have so far, (bearish market for almost 3 months), but the bulls have regained the market now and it seems that its just a matter of time before we see the 5 digit mark. I just hope that the OP didn't offload his bitcoin and fear that it might still go down. If you still want to get in though, the price is still quite cheap in my opinion, we may seen it tops $20000 before the end of year. Wink

The_Dark_Knight

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Quote from: onnz423 on May 03, 2018, 05:37:45 PM

The truth is, once day Bitcoin probably will drop back to around $7,000 again. The bad news is you probably won't know when it will happen, and when it does you will probably either be overcome with FUD and pass up investing, or you will think it will drop lower and fail to get in while it's cheap. Don't wait for it to hit the bottom, as you probably wont get it at the absolute bottom. With crypto investments, close enough.... is enough.

Except for those that do insider trading no one knows what is going to happen and there is a possibility that we see 7000 once again but I find that very unlikely because that was very close to the bottom of the price, it is more likely that from now on the price of bitcoin will move between a range of 9000 to 12000, that is what I think because it is very unlikely that we are going to see a bull run anytime soon.

onnz423

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The truth is, once day Bitcoin probably will drop back to around $7,000 again. The bad news is you probably won't know when it will happen, and when it does you will probably either be overcome with FUD and pass up investing, or you will think it will drop lower and fail to get in while it's cheap. Don't wait for it to hit the bottom, as you probably wont get it at the absolute bottom. With crypto investments, close enough.... is enough.

xbl1008

full member

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watch it climb to the top my friend now that may is entering and the market is showing a bullish sign for both alts and bitcoins the wait is over because the bearish days reach its bottom already and its time for the bulls to take over. The market is like a roller coaster it will not remain forever in the bottom it will eventually recover and climb again and when it reaches the top it will return back to the bottom this is the of the market.

mjune31

newbie

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In bitcoin rate, the price of it is fluctuate every second.
So it's possible that bitcoin price will go lower.

fndsr

sr. member

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Quote from: Sakibhasan.bd on April 02, 2018, 11:40:09 AM

What's going on about bicoin....!
Right now bitcoin price is 7,010.00 US Dollar.
It is very cheap rate for bitcoin. Why bitcoin getting down and down? Huh

indeed anyone can not know the exact predictions about bitcoin price in the future but if you are sure and believe bitcoin will again rise quite rapidly just patiently waiting

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