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Topic: Your opinion about the fall of bitcoin - page 12. (Read 2196 times)

full member
Activity: 378
Merit: 100
February 09, 2018, 09:14:45 AM
A fall below $ 7,950 on the bitfinex will make it clear that the markup is not valid, because wave 2 can not fall below wave 1. This will be very bad.




I think we need only to wait because if the price of it goes down I think there's a possibility also that the price of it will be rise. Just like what others said here is nothing to worry about with the fall of bitcoin, currently bitcoin has decreased drastically but, it does not last long and bitcoin will return to normal to the highest price.
full member
Activity: 2128
Merit: 180
February 09, 2018, 09:06:35 AM
I think that's normal. it's just an annual cycle. just wait and the market will recover soon

Its called corrections, every market needs this thing, this is like a preparation for a stronger pump. Bitcoin is simply awesome and can really help many people to earn money specially those who believe on this. Hopefully the pump will continue now but always expect corrections in the future but for sure it will be on a higher price.
full member
Activity: 420
Merit: 100
CAT.EX Exchange
February 09, 2018, 09:00:44 AM
rise or falling the bitcoin price is reasonable, many factors affect the bitcoin price. for now, we better save or invest our bitcoin until the price is stable and come back to highest price.
member
Activity: 264
Merit: 11
February 09, 2018, 08:58:45 AM
My opinion on the recent happening about the decline in bitcoin's value is that it is mostly caused by shallow-minded investors that think bitcoin is a very vulnerable investment, That tgey think that every decrease is a sure sign of bitcoin's end, because of this massive cashout that these people practice and the coming Chinese new Year where potentially a lot of Asians who celebrate the even may cash out. But I think and I clearly believe that bitcoin would be able to get back on its feet.
sr. member
Activity: 1111
Merit: 255
February 09, 2018, 08:53:07 AM
A fall below $ 7,950 on the bitfinex will make it clear that the markup is not valid, because wave 2 can not fall below wave 1. This will be very bad.

If you have been in this forum for a long time, you would't be that bothered. It has been always a january issue how the BTC falls deep. However, it doesn't remain being just that. It rises few more times. Plus, it is actually an advantage for you to buy BTC. Since it has low price, you can buy now and if the price goes high then it's a win-win right? Don't be too bothered about it. It will come back soon.
member
Activity: 434
Merit: 10
February 09, 2018, 08:49:33 AM
I think that's normal. it's just an annual cycle. just wait and the market will recover soon
full member
Activity: 783
Merit: 100
February 09, 2018, 08:38:50 AM
there is nothing to worry about with the fall of bitcoin, currently bitcoin has decreased drastically. bitcoin has decreased due to several issues in some countries. but, it does not last long and bitcoin will return to normal to the highest price.
newbie
Activity: 280
Merit: 0
February 09, 2018, 08:36:40 AM
That is why Bitcoin is unpredictable, maybe other users of Bitcoin are panic selling when it drop to 7400usd? or maybe due to how the latest news of banning btc and restricting from other countries.
newbie
Activity: 98
Merit: 0
February 09, 2018, 08:31:59 AM
A fall below $ 7,950 on the bitfinex will make it clear that the markup is not valid, because wave 2 can not fall below wave 1. This will be very bad.
Sometimes bitcoins always be explained using technical, in January of each year, the currency collapse will happen, I already accustomed to, because the Chinese need to celebrate the Spring Festival, they sell their currency to celebrate the Spring Festival, when the end of February, the currency will begin to return to normal, in the next few months, I believe that the currency will be back to $20000, I am looking forward to it
full member
Activity: 1218
Merit: 105
February 09, 2018, 08:22:38 AM
A fall below $ 7,950 on the bitfinex will make it clear that the markup is not valid, because wave 2 can not fall below wave 1. This will be very bad.

All I know is that bitcoin will go back to where it belong to and all we gonna do is to wait since we can't control this price movement. If it falls, I hold, if it pumps, I will be still holding and sell some of them for some great altcoins I can encounter. There is a lot of opinion and prediction of the bitcoin price and most of them are really negative.

All this scenario that is currently happening is normal in the crypto currency realm and it already happened years before. The best thing to do is stop feeding your minds with negativity because you'll end up frustrated if you bought you bitcoins or other kinds of alt coins at a very high price. We all know that the crypto currency market is really volatile and it can crash at any time so it is better not to expect too much.  Smiley

Even if bitcoin's price fall down on a very low price it will never lose its value and will still continue to grow. Remember never lose hope everything is going fine. Cool
full member
Activity: 224
Merit: 101
February 09, 2018, 07:56:26 AM
A fall below $ 7,950 on the bitfinex will make it clear that the markup is not valid, because wave 2 can not fall below wave 1. This will be very bad.

All I know is that bitcoin will go back to where it belong to and all we gonna do is to wait since we can't control this price movement. If it falls, I hold, if it pumps, I will be still holding and sell some of them for some great altcoins I can encounter. There is a lot of opinion and prediction of the bitcoin price and most of them are really negative.
member
Activity: 154
Merit: 12
February 09, 2018, 07:48:26 AM
would not use such a dramatic title. The parabolic rise of december was insane, so now the correction is truly dramatic. I am expecting the price testing the 6000 level once again and possibly establishing an ever lower bottom, before price can start to climb back.
member
Activity: 322
Merit: 11
February 09, 2018, 07:46:50 AM
Though I have not reached a year since I have come to know about bitcoin, I am certainly not one of those newbie/panic-sellers driven by FUD and many other fake news that brought the downfall. I strongly believe it would recover soon fast.
full member
Activity: 560
Merit: 100
February 09, 2018, 07:46:30 AM
There's nothing strange about bitcoin's correction in this early part of the year. This kind of price fall happens annually and is unavoidable because of bitcoin's high volatility. Bitcoin have already suffered some of it worst price crashes in the past but it always managed to come back strong and reached many all-time highs later. No matter how deep is the fall, bitcoin always find way to climb back to the top.
If we think always of the down fall of the price of bitcoin we get panic immediately. This fall of bitcoin happen anytime so let's adopt this changes. If it had bought at ath price best is to hold.
full member
Activity: 168
Merit: 101
February 09, 2018, 07:42:12 AM
There's nothing strange about bitcoin's correction in this early part of the year. This kind of price fall happens annually and is unavoidable because of bitcoin's high volatility. Bitcoin have already suffered some of it worst price crashes in the past but it always managed to come back strong and reached many all-time highs later. No matter how deep is the fall, bitcoin always find way to climb back to the top.
newbie
Activity: 98
Merit: 0
February 09, 2018, 07:41:05 AM
A fall below $ 7,950 on the bitfinex will make it clear that the markup is not valid, because wave 2 can not fall below wave 1. This will be very bad.
I'm not worried about bitcoin because it happens every January.
I need to do now is patience of waiting, the currency in late February will be back to normal at $10000, in the coming months, it will reach $20000 again, I hope my guess is correct
newbie
Activity: 70
Merit: 0
February 09, 2018, 07:38:42 AM
When bitcoin falls, many people will be affected especially those who are investing to bitcoin, bitcoin is very powerful nowadays, even a small percentage of fall of bitcoin can have a big effect. People are expecting high values in bitcoin, when it falls, people will think that there is a problem about cryptocurrency, they will be confused on how it falls.
However, for me, it is not normal that we are experiencing certain fall of bitcoin, it is normal, it will fall but bitcoin will rise again BTC


I totally agree with you, because it the foundation of all cryptocurrenty, it's like a grandpa of the family Smiley
member
Activity: 240
Merit: 10
February 09, 2018, 07:35:54 AM
When bitcoin falls, many people will be affected especially those who are investing to bitcoin, bitcoin is very powerful nowadays, even a small percentage of fall of bitcoin can have a big effect. People are expecting high values in bitcoin, when it falls, people will think that there is a problem about cryptocurrency, they will be confused on how it falls.
However, for me, it is not normal that we are experiencing certain fall of bitcoin, it is normal, it will fall but bitcoin will rise again BTC
sr. member
Activity: 638
Merit: 300
February 09, 2018, 07:32:45 AM
A fall below $ 7,950 on the bitfinex will make it clear that the markup is not valid, because wave 2 can not fall below wave 1. This will be very bad.

There are many reasons we don't behind the fall of bitcoin recently. so many FUD that comes out and also the korea and india thing about banning the bitcoin. Things like that affect the price of bitcoin. then people started to panic and sell their bitcoin. the more you sell your bitcoin, the more it decreases its prices.
sr. member
Activity: 1652
Merit: 262
February 09, 2018, 07:30:08 AM
apart from some issues from different countries against bitcoin, my opinion about the value of bitcoin that goes down is when bitcoin prices go up in 2017, everyone just sells all the bitcoin they have. no one buys bitcoin and in the end the bitcoin wheel rotation stops and its value is hard to pump again.
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