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Is Bitcoin starting to rally again?


Kakashi2020

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2 hours ago, Kakashi2020 said:

The Price of Bitcoin is beginning to go up again, it's steadily appreciating for a week now.  And I think that it's time for another run. What are your thoughts about this.

Is this a start of another rally?

I hope that truly its a start. I hope it will continue. I hope it will not stop in getting good.

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1 hour ago, focusedwriter10 said:

In my view, it is the start of another rally. Those with sufficient Bitcoin will start selling at a higher price, while those wanting to invest in Bitcoin will have no otherwise but to buy at whatever market price. Most people were holding the coins, waiting for prices to get better, and for the market to stabilize.

I agree with you. That's also what i will do. I am observing the trend in bitcoin.

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11 hours ago, focusedwriter10 said:

In my view, it is the start of another rally. Those with sufficient Bitcoin will start selling at a higher price, while those wanting to invest in Bitcoin will have no otherwise but to buy at whatever market price. Most people were holding the coins, waiting for prices to get better, and for the market to stabilize.

I have a bitcoin wallet. It is from coins.ph. I am also waiting for the prices to go up.

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8 hours ago, menchuuy58 said:

I have a bitcoin wallet. It is from coins.ph. I am also waiting for the prices to go up.

Maybe when most of the countries that its government are against the use of Bitcoin and other cryptocurrencies accept and approve it, then the price would go up. 

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2 hours ago, Martinsx said:

Maybe when most of the countries that its government are against the use of Bitcoin and other cryptocurrencies accept and approve it, then the price would go up. 

I think almost a year of waiting is enough and Bitcoin would start to appreciate again.  The way I see it, Bitcoin goes on a rally annually during the fourth quarter of the year.  Although it's only my analyais, I could also be wrong.

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  • 3 weeks later...
On 11/8/2018 at 12:19 PM, Kakashi2020 said:

I think almost a year of waiting is enough and Bitcoin would start to appreciate again.  The way I see it, Bitcoin goes on a rally annually during the fourth quarter of the year.  Although it's only my analyais, I could also be wrong.

From my experience with bitcoin and other cryptocurrencies, one can never be 100% correct with predicting how the market would be like. Any slight thing would tip the balance of the cryptocurrency. 

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4 hours ago, Martinsx said:

From my experience with bitcoin and other cryptocurrencies, one can never be 100% correct with predicting how the market would be like. Any slight thing would tip the balance of the cryptocurrency. 

You can say that again, I really thought that it's heading for a rally or even just a mini rally but it took a nose dive.  Even experts are baffled in Bitcoins sudden and unexpected price dive.

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On 11/7/2018 at 7:23 PM, Kakashi2020 said:

The Price of Bitcoin is beginning to go up again, it's steadily appreciating for a week now.  And I think that it's time for another run. What are your thoughts about this.

Is this a start of another rally?

I sure hope so. Hopefully it goes up steadily til the end of this year. 

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On 11/25/2018 at 11:38 PM, emiaj55 said:

I sure hope so. Hopefully it goes up steadily til the end of this year. 

Considering what happened last week, the price drop Bitcoin us experiencing is due to a massive sellout but like other sellouts it drives the price down, settles and gradually after some time goes up again.

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5 hours ago, Kakashi2020 said:

Considering what happened last week, the price drop Bitcoin us experiencing is due to a massive sellout but like other sellouts it drives the price down, settles and gradually after some time goes up again.

 

On 11/25/2018 at 7:04 PM, Martinsx said:

From my experience with bitcoin and other cryptocurrencies, one can never be 100% correct with predicting how the market would be like. Any slight thing would tip the balance of the cryptocurrency. 

Then I guess what Martinsx said is true. Well the year end is still a month to go. I think what happens to Bitcoin by the end of the year would have a huge impact on the future of cryptocurrencies for the coming years.

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2 hours ago, emiaj55 said:

 

Then I guess what Martinsx said is true. Well the year end is still a month to go. I think what happens to Bitcoin by the end of the year would have a huge impact on the future of cryptocurrencies for the coming years.

PS. The current price of Bitcoin will absolutely show you that nothing is guaranteed with any digital currency investment. It's more about taking risk with the investment and deal with the consequences on whether you gain or loss from it. 

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1 hour ago, Kakashi2020 said:

Considering what happened in the past week the sudden devaluation and appreciation, it's price is steadily going up again, hopefully it goes up to atleast the 5K-6K level.

In theory you're right. But it can drop again every moment. They are very unpredictable nowadays, and another problem is the fact that the global market is too. It feels like poverty is growing everywhere and that it also affects the Bitcoin along with other cryptocurrencies.

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On 11/28/2018 at 6:00 PM, Martinsx said:

PS. The current price of Bitcoin will absolutely show you that nothing is guaranteed with any digital currency investment. It's more about taking risk with the investment and deal with the consequences on whether you gain or loss from it. 

Hey, have you invested in another cryptocurrency yet? I have just read about Steemit in another forum and it was supposed to generate another cryptocurrency as well, although I haven't really checked it out myself. 

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18 hours ago, emiaj55 said:

Hey, have you invested in another cryptocurrency yet? I have just read about Steemit in another forum and it was supposed to generate another cryptocurrency as well, although I haven't really checked it out myself. 

I don't have much trust in all these new cryptocurrency blockchain that are being launched on daily basis because most times they are not secure and stable to invest in. China is very well known for launching numerous cryptocurrency but how many of them are thriving? 

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