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Author Topic: Bitcoin will not fall like in 2017/18 because .....  (Read 7737 times)

Offline Lutera94

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Bitcoin will not fall like in 2017/18 because .....
« on: January 08, 2021, 08:09:54 PM »
Bitcoin price today touched 40k$ Mark & continue to growing  but can we see Again big dump like 2017?
I think NO, because.....
in 2017 , most of the investors were retail investors like me or this forum community peoples but this time big investment company like Grayscale, Microstrategy , JP Morgan, Paypal & Big investors like  Paul Truder Jones, Michael Sayilor are in the game.
that means they will not sell their btc rather they will buy more.
So that we can't see big dump like 2017 & btc will be going to higher day by day.
« Last Edit: January 08, 2021, 08:14:24 PM by Lutera94 »
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Bitcoin will not fall like in 2017/18 because .....
« on: January 08, 2021, 08:09:54 PM »

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Re: Bitcoin will not fall like in 2017/18 because .....
« Reply #1 on: January 08, 2021, 10:12:37 PM »
we can't guarantee that history will not repeat. you see this is crypto world and everything is possible. hopefully, it won't fall that much but for sure a correction will take place after a drastic price increase. I am hoping it won't fall that much nevertheless we should continue to monitor the.market movement and convert immediately our holdings to stable coins if something went wrong.
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Re: Bitcoin will not fall like in 2017/18 because .....
« Reply #2 on: January 08, 2021, 11:42:37 PM »
we can't guarantee that history will not repeat. you see this is crypto world and everything is possible. hopefully, it won't fall that much but for sure a correction will take place after a drastic price increase. I am hoping it won't fall that much nevertheless we should continue to monitor the.market movement and convert immediately our holdings to stable coins if something went wrong.

Yes you are right, we cannot guarantee that history will not repeat. Because everything can be happen at crypto world. I think we must be careful, because Investing in crypto is when to buy and when to sell. If you have the right time, you will be successful
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Re: Bitcoin will not fall like in 2017/18 because .....
« Reply #3 on: January 09, 2021, 01:40:21 AM »
Bitcoin price today touched 40k$ Mark & continue to growing  but can we see Again big dump like 2017?
I think NO, because.....
in 2017 , most of the investors were retail investors like me or this forum community peoples but this time big investment company like Grayscale, Microstrategy , JP Morgan, Paypal & Big investors like  Paul Truder Jones, Michael Sayilor are in the game.
that means they will not sell their btc rather they will buy more.
So that we can't see big dump like 2017 & btc will be going to higher day by day.
I agree with your statement. The current condition is very different from 2017. Many things have changed which has made bitcoin stronger and more stable. My prediction is also the same that it will be difficult to return to the dump, although price corrections to the decline will still occur

Offline Tunir Baap

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Re: Bitcoin will not fall like in 2017/18 because .....
« Reply #4 on: January 09, 2021, 04:03:58 AM »
You are absolutely right. Bitcoin has large number of crash in the years of 2017 to2018. Bitcoin has take very lowest price. It's priced had 3.5k$. But now bitcoin is very good.
Last moment of 2020 to present time bitcoin also growing record number of bitcoin price. Last night bitcoin priced had 40k$. I think this is just amazing.
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Re: Bitcoin will not fall like in 2017/18 because .....
« Reply #5 on: January 09, 2021, 04:11:41 AM »
~ that means they will not sell their btc rather they will buy more.
They will sell eventually but not at these current prices. With all the money at their disposal, there's still a limit as to how much they can buy. They will have to offload at a later date to keep their company liquid - they're into business and just mere hoarders. As of now, they're just happy buying from retail traders. My hunch is that they will wait until BTC reaches six digits. Once they start selling, the market could correct up to more or less 40% (just my guess).

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Re: Bitcoin will not fall like in 2017/18 because .....
« Reply #6 on: January 09, 2021, 06:15:45 AM »
we can't guarantee that history will not repeat. you see this is crypto world and everything is possible. hopefully, it won't fall that much but for sure a correction will take place after a drastic price increase. I am hoping it won't fall that much nevertheless we should continue to monitor the.market movement and convert immediately our holdings to stable coins if something went wrong.

We won't guarantee but this is not technically fully possible to collapse from this point like 2017-2018. I believe market will go on correction mode very soon but this doesn't mean it will down to $10k again rather it can go under 20-25k level which is possible. We hope market won't fall like a destruction happened 2017-2018.

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Re: Bitcoin will not fall like in 2017/18 because .....
« Reply #6 on: January 09, 2021, 06:15:45 AM »


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Re: Bitcoin will not fall like in 2017/18 because .....
« Reply #7 on: January 09, 2021, 06:50:18 AM »
Institutional investors also don't buy bitcoin for collection. They run their own business and they probably do it for a profitable sale. However, I agree that after the peak price, Bitcoin should not fall as deeply by 70 percent of its price as it did in 2018. Now the situation compares favorably with 2018. The world is still on the brink of a global economic crisis, and therefore the cryptocurrency market will constantly have its investors.

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Offline nelson4lov

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Re: Bitcoin will not fall like in 2017/18 because .....
« Reply #8 on: January 09, 2021, 07:50:18 AM »
Bitcoin price today touched 40k$ Mark & continue to growing  but can we see Again big dump like 2017?
I think NO, because.....
in 2017 , most of the investors were retail investors like me or this forum community peoples but this time big investment company like Grayscale, Microstrategy , JP Morgan, Paypal & Big investors like  Paul Truder Jones, Michael Sayilor are in the game.
that means they will not sell their btc rather they will buy more.
So that we can't see big dump like 2017 & btc will be going to higher day by day.
The bull run in 2017 was controlled by whales that were able to pump and dump the price of bitcoin anytime they felt like, and your right this time there are large investors who invested into bitcoin also the mass adoption of bitcoin with the help of PayPal has helped to increase bitcoins popularity, but just because those large investors invested in bitcoin doesn't mean the price of bitcoin cannot dump, don't forget the market can not always go up this is the bull run we have all been waiting for, so let's enjoy it and make profits while it last cause the bear days are gonna come soon.
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Re: Bitcoin will not fall like in 2017/18 because .....
« Reply #9 on: January 09, 2021, 08:16:57 AM »
This is really not the stage of investing in bitcoin for the future because bitcoin is so expensive it could cost you a lot of money if you invest heavily in bitcoin right now. Let's wait as bitcoin will forever be the king of cryptocurrencies

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Re: Bitcoin will not fall like in 2017/18 because .....
« Reply #10 on: January 09, 2021, 08:26:41 AM »
If it is said that bitcoin cannot fall, it cannot be dangerous to investors because the future is not foreseen and whether they will sell their coins or not, they will not inform us immediately. Bitcoin is a bet and is usually risky

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Re: Bitcoin will not fall like in 2017/18 because .....
« Reply #11 on: January 09, 2021, 08:28:21 AM »
Thanks to large companies, we believe more and more in bitcoin bitcoin is demonstrating its position and no altcoin can surpass it. The future is more open for investors

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Re: Bitcoin will not fall like in 2017/18 because .....
« Reply #12 on: January 09, 2021, 11:03:59 AM »
You might correct with your opinion yet the only thing I can say is we just have the information they provided us in public but not their strategy on how they work it in secret. That is why we can also think that even bitcoin will dump doesn't give us concrete information that they lose big in the game.
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Offline Calanth

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Re: Bitcoin will not fall like in 2017/18 because .....
« Reply #13 on: January 09, 2021, 11:05:35 AM »
I believe it can be 20k or 25k in the coming time as investors take profits and their sharks commune. While big companies won't sell their coins. But we can't be sure when they'll sell it. Bitcoin is a bet and is usually risky

Offline Gwyneth

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Re: Bitcoin will not fall like in 2017/18 because .....
« Reply #14 on: January 09, 2021, 11:08:58 AM »
Yes, thanks to big companies, bitcoin has had such high value recently. We should bet the future on bitcoin to increase our value and assets. Believe in bitcoin

 

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