Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: bubblebubble on October 24, 2018, 10:00:39 PM
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BTC is still falling to the pit and I want to know the reasons behind it and do you think it will go down more!
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In my opinion the falling is really normal mate. Because after that huge pump corrections are really normal in crypto space also in stock market space.
And also that is really healthy. With that way we can start to invest bitcoin now. In my opinion btc can not be decrease lower than 6k or 5.5k. I feel we are at the end of the bear market now.
And we will see some bull market in future.
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I think Btc is still very stable, the current price is very good to buy, in my opinion the Btc price will not go down again, because Btc is the best and very potential coin.
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Indeed long bear market means good and high future bullish one but you know it's difficult accept such big losses :-\
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Bitcoin is far because it's time to get down. Bitcoin still has great potential for the future, so there is no need to worry about bitcoin, because it still has great potential in the future and can be relied on in the future. That's all I can explain to you and your friends here.
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Bitcoin is far because it's time to get down. Bitcoin still has great potential for the future, so there is no need to worry about bitcoin, because it still has great potential in the future and can be relied on in the future. That's all I can explain to you and your friends here.
I dont think that it's a matter of destiny.
For sure there are motivations that have pushed people to sell.
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A week ago, there were problems with the Poloniex exchange, when it was impossible to either replenish the account or withdraw funds, and this dumped the price of the main cryptocurrency, and so far its price has not returned to its previous position.
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A week ago, there were problems with the Poloniex exchange, when it was impossible to either replenish the account or withdraw funds, and this dumped the price of the main cryptocurrency, and so far its price has not returned to its previous position.
Yeah, sometimes it is a matter of exchanges fault but at the same time I consider that it's also a strumental opportunity to speculate on the price.
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The main reason when Bitcoin falls is sales made by users. so Bitcoin fell because there was a lot of sales of Bitcoin either on a large scale or gradually. What is clear is that the action caused Bitcoin prices to go down slowly and caused many people to panic and instead they sold Bitcoin and as a result the market just dropped. That is the reason and the main reason for Bitcoin to go down.
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The main reason when Bitcoin falls is sales made by users. so Bitcoin fell because there was a lot of sales of Bitcoin either on a large scale or gradually. What is clear is that the action caused Bitcoin prices to go down slowly and caused many people to panic and instead they sold Bitcoin and as a result the market just dropped. That is the reason and the main reason for Bitcoin to go down.
Well, say that the Bitcoin price goes down because someone sell, is obvious.
Differently I appreciate the statement that market is populated by people with weak hands so, they don't consider the price decreases during a low liquid market and for this reason can goes up with the same speed or faster if liquidity increases.
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We can only speculate on the reasons why the price of bitcoin and other cryptocurrencies fell since people sell for different reasons. The only thing certain is that there are more sellers than buyers.
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I suppose that the main reason is mistrust of bitcoin and altcoins. There are a lot people who left market. And I think the market will grow only after entering ETF.
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One difference I would like to underline is that this time, because of the exceptionally high price it reached at one point, there is way more public interest and panic going on because A LOT of amateur investors jumped onboard and invested more than they could afford to lose, which is never a good route to go.
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In my opinion, the current bitcoin price is fine, the rise in the bitcoin price is just a normal problem in the crypto market, in the future the bitcoin price will definitely return to its position, and it will definitely be no better than now.
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in my opinion the reason behind Bitcoin falling is because of sales made by users on a large scale and thus causing Bitcoin to fall and What is clear is that the action caused the price of Bitcoin to fall and caused many people to panic and they sold Bitcoin That was the main reason Bitcoin fell .
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I think it will not happen to drop more and more to the point bitcoin is like a dead coin. Actually we are in the current bearish situation that takes so long but in just a little while it is possible we are in the bull run condition. Be positive and don't give up your hope.
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Falling is required for a higher rally. Simple there is no stable market which it existed until now as I know.
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This decline was caused by investors who monitored warnings from a number of regulators and increased crackdown on virtual currency markets in China.
Citing CNBC, a sharp decline occurred in the price of bitcoin, reaching its lowest point in 1.5 months. In addition, ethereum and ripple prices also decreased significantly.
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Maybe the negative issues about Bitcoin that brought Bitcoin to the price fell. Because with the existence of negative issues about Bitcoin, users are increasingly not believing in Bitcoin and making sales continuously, so that over time Bitcoin prices will go down and continue to fall if sales continue to occur. That is the reason.