Martinsx Posted June 15, 2018 Author Share Posted June 15, 2018 On 6/8/2018 at 5:26 PM, Henrywrites said: We are all watching the adjustments in prices for I'm hopeful that it is going to be a way for us to get better and make some gains by buying more coins at the end. Some of the traders are always forced to sell off when the price is low. Panic sellers will always exist in the cryptocurrency exchange market and the wise investors are always going to capitalise on such opportunities and buy more Bitcoin and lay in wait for it to appreciate to cash in on their investments by selling when there is high demand. Quote Link to comment https://slingbank.com/forums/topic/678-bitcoin-price-falling/page/2/#findComment-1260 Share on other sites More sharing options...
Kakashi2020 Posted June 15, 2018 Share Posted June 15, 2018 On 6/14/2018 at 4:18 PM, Martinsx said: It's really getting to a point where some people are considering selling their Bitcoin because with the everyday drop in the price of the cryptocurrency is a thing of worry because no one is sure if the price is going to stabilize or keep dropping or appreciate. You're quite right in that a lot of people have been selling, mostly those who have retained it for a long time, and are now selling for profit while some are new investors who are trying to cut their loses. But I really think that considering its performance in the past that it would eventually settle and go up. That is one thing I'm sure of, whatever happens the price will go up. Quote Link to comment https://slingbank.com/forums/topic/678-bitcoin-price-falling/page/2/#findComment-1261 Share on other sites More sharing options...
Steve5 Posted June 15, 2018 Share Posted June 15, 2018 On 6/14/2018 at 4:29 PM, EfficientNinja said: I do hope so because I'm not an expert yet when it comes to technical analysis. I am continuously learning about trading and reading news about cryptocurrency. Thanks! Let's not lose hope. It's nice to have something unpredictable. Because when you think about it, this allows others to have fair game even without much expertise on bitcoins. They just need the right strategy and timing. Imagine what would happen if it became stable and those who can pay for financial expert analysts monopolize the system. 😄 Quote Link to comment https://slingbank.com/forums/topic/678-bitcoin-price-falling/page/2/#findComment-1264 Share on other sites More sharing options...
Martinsx Posted June 16, 2018 Author Share Posted June 16, 2018 On 6/9/2018 at 9:19 AM, Steve5 said: That's true. I see lots of opportunities for those who are looking to earn more with bitcoins. Maybe you'll get what you're waiting for in terms of value increase. Just have to keep updated with it. You just have to keep a watchful eyes on the cryptocurrency exchange market in order to have all quick updates as to when the price is appreciating or depreciating, to know when to buy or sell. Now, the price seems to be coming up from $5,321 to $6,447. Quote Link to comment https://slingbank.com/forums/topic/678-bitcoin-price-falling/page/2/#findComment-1276 Share on other sites More sharing options...
Steve5 Posted June 16, 2018 Share Posted June 16, 2018 1 hour ago, Martinsx said: You just have to keep a watchful eyes on the cryptocurrency exchange market in order to have all quick updates as to when the price is appreciating or depreciating, to know when to buy or sell. Now, the price seems to be coming up from $5,321 to $6,447. It's nice that users get to monitor it. I'm sure someone's going to earn a lot sometime soon. The unexpected drop and increase makes it a lot more challenging. Quote Link to comment https://slingbank.com/forums/topic/678-bitcoin-price-falling/page/2/#findComment-1278 Share on other sites More sharing options...
Martinsx Posted June 17, 2018 Author Share Posted June 17, 2018 On 6/10/2018 at 10:31 AM, Kakashi2020 said: I think the price of Bitcoin is still swinging widely because of shifting investor confidence and at the same time due to profit making but it would eventually setttle down. I really though that it has already settled and that the price is starting to go uptrend but again I was mistaken. That's to show how unpredictable Bitcoin really is. From my experience with investment and projects ever since I took the road of signing up for cryptocurrency and other online business investments, every project has its challenging times and it seems that this time is Bitcoin moment of facing huge challenges. But I do believe that in no distant time, all these fuss about investors confidence would be put to bed and the cryptocurrency price stabilized. 1 Quote Link to comment https://slingbank.com/forums/topic/678-bitcoin-price-falling/page/2/#findComment-1290 Share on other sites More sharing options...
Steve5 Posted June 17, 2018 Share Posted June 17, 2018 7 hours ago, Martinsx said: From my experience with investment and projects ever since I took the road of signing up for cryptocurrency and other online business investments, every project has its challenging times and it seems that this time is Bitcoin moment of facing huge challenges. But I do believe that in no distant time, all these fuss about investors confidence would be put to bed and the cryptocurrency price stabilized. I wonder how things will go once it's stabilized. I feel like the ones with financial expertise and resources to hire experts will benefit most from it. Somehow the unpredictability gives chance to those who aren't good at predicting trends. 😂 1 Quote Link to comment https://slingbank.com/forums/topic/678-bitcoin-price-falling/page/2/#findComment-1296 Share on other sites More sharing options...
Martinsx Posted June 18, 2018 Author Share Posted June 18, 2018 On 6/15/2018 at 10:28 AM, Steve5 said: Let's not lose hope. It's nice to have something unpredictable. Because when you think about it, this allows others to have fair game even without much expertise on bitcoins. They just need the right strategy and timing. Imagine what would happen if it became stable and those who can pay for financial expert analysts monopolize the system. 😄 If one can afford technical analyst to know more about how the market of cryptocurrency is heading up and down, I think it's a good way to go with such project because it would let you know when to invest and when not to. 1 Quote Link to comment https://slingbank.com/forums/topic/678-bitcoin-price-falling/page/2/#findComment-1309 Share on other sites More sharing options...
Steve5 Posted June 18, 2018 Share Posted June 18, 2018 1 hour ago, Martinsx said: If one can afford technical analyst to know more about how the market of cryptocurrency is heading up and down, I think it's a good way to go with such project because it would let you know when to invest and when not to. I know, right? I'm just worried about most users who can't afford such. It seems that rich people will benefit most from bitcoin becoming stable. Though, it might take some time before that becomes a reality. 😃 1 Quote Link to comment https://slingbank.com/forums/topic/678-bitcoin-price-falling/page/2/#findComment-1312 Share on other sites More sharing options...
Martinsx Posted June 19, 2018 Author Share Posted June 19, 2018 23 hours ago, Steve5 said: I know, right? I'm just worried about most users who can't afford such. It seems that rich people will benefit most from bitcoin becoming stable. Though, it might take some time before that becomes a reality. 😃 The benefit of being rich is that it gives you the opportunity and power to expand your wealth by making more financial investments that are worth huge amount of money, even though there are risks involved, the profits making margin is off the charts. 1 Quote Link to comment https://slingbank.com/forums/topic/678-bitcoin-price-falling/page/2/#findComment-1330 Share on other sites More sharing options...
Kakashi2020 Posted June 19, 2018 Share Posted June 19, 2018 On 6/14/2018 at 4:29 PM, EfficientNinja said: I do hope so because I'm not an expert yet when it comes to technical analysis. I am continuously learning about trading and reading news about cryptocurrency. Thanks! For me, I'm waiting for the Bitcoin price to stabilize and when it does then I'll invest a significant amount of money but until now it's price is swinging wildly, that's why Im not comfortable investing at the moment. Quote Link to comment https://slingbank.com/forums/topic/678-bitcoin-price-falling/page/2/#findComment-1335 Share on other sites More sharing options...
Steve5 Posted June 19, 2018 Share Posted June 19, 2018 10 hours ago, Martinsx said: The benefit of being rich is that it gives you the opportunity and power to expand your wealth by making more financial investments that are worth huge amount of money, even though there are risks involved, the profits making margin is off the charts. Yes, it's what I meant. The stock market is how rich people keep getting richer. So I wouldn't be surprised if once bitcoin becomes stable they end up monopolizing the biggest profit. Quote Link to comment https://slingbank.com/forums/topic/678-bitcoin-price-falling/page/2/#findComment-1342 Share on other sites More sharing options...
EfficientNinja Posted June 20, 2018 Share Posted June 20, 2018 7 hours ago, Steve5 said: Yes, it's what I meant. The stock market is how rich people keep getting richer. So I wouldn't be surprised if once bitcoin becomes stable they end up monopolizing the biggest profit. What we could do is ride the price movement when the whales or the rich people invest. It's inevitable that the price will create a trend once they start slowly investing. Once the public realizes this, these institutions would pull out their money before others do to secure their gains. 1 Quote Link to comment https://slingbank.com/forums/topic/678-bitcoin-price-falling/page/2/#findComment-1348 Share on other sites More sharing options...
Martinsx Posted June 20, 2018 Author Share Posted June 20, 2018 13 hours ago, Steve5 said: Yes, it's what I meant. The stock market is how rich people keep getting richer. So I wouldn't be surprised if once bitcoin becomes stable they end up monopolizing the biggest profit. Definitely, I look up to getting to that point in my financial life where the financial capacity to make investments both in online investments and physical investments would be a barrier for me. It would the best achievement I would have desired in this life. Quote Link to comment https://slingbank.com/forums/topic/678-bitcoin-price-falling/page/2/#findComment-1349 Share on other sites More sharing options...
Steve5 Posted June 20, 2018 Share Posted June 20, 2018 9 hours ago, EfficientNinja said: What we could do is ride the price movement when the whales or the rich people invest. It's inevitable that the price will create a trend once they start slowly investing. Once the public realizes this, these institutions would pull out their money before others do to secure their gains. That's a smart way of thinking. Securing our gains is the point of all this. So once the opportunity presents itself, we shouldn't think twice about maximizing our profit. Quote Link to comment https://slingbank.com/forums/topic/678-bitcoin-price-falling/page/2/#findComment-1357 Share on other sites More sharing options...
Martinsx Posted June 21, 2018 Author Share Posted June 21, 2018 On 6/19/2018 at 11:33 AM, Kakashi2020 said: For me, I'm waiting for the Bitcoin price to stabilize and when it does then I'll invest a significant amount of money but until now it's price is swinging wildly, that's why Im not comfortable investing at the moment. It appears that the price of Bitcoin is coming up small because as of this moment it's sold at $6,746.87. But I would suggest waiting for it a little while longer in order to be sure where it's headed before making any moves. 1 Quote Link to comment https://slingbank.com/forums/topic/678-bitcoin-price-falling/page/2/#findComment-1372 Share on other sites More sharing options...
Steve5 Posted June 21, 2018 Share Posted June 21, 2018 29 minutes ago, Martinsx said: It appears that the price of Bitcoin is coming up small because as of this moment it's sold at $6,746.87. But I would suggest waiting for it a little while longer in order to be sure where it's headed before making any moves. I wonder how low it can go. Maybe it go down much lower. Then we'll see lots of people making their moves. 😂 1 Quote Link to comment https://slingbank.com/forums/topic/678-bitcoin-price-falling/page/2/#findComment-1373 Share on other sites More sharing options...
Martinsx Posted June 22, 2018 Author Share Posted June 22, 2018 23 hours ago, Steve5 said: I wonder how low it can go. Maybe it go down much lower. Then we'll see lots of people making their moves. 😂 If it crashes low so much it's going to damage the fate of the cryptocurrency in the eyes of the world because no body will believe in an unstable digital currency. It will be risky to invest in such cryptocurrency that is being epileptic. Quote Link to comment https://slingbank.com/forums/topic/678-bitcoin-price-falling/page/2/#findComment-1388 Share on other sites More sharing options...
Steve5 Posted June 22, 2018 Share Posted June 22, 2018 28 minutes ago, Martinsx said: If it crashes low so much it's going to damage the fate of the cryptocurrency in the eyes of the world because no body will believe in an unstable digital currency. It will be risky to invest in such cryptocurrency that is being epileptic. That's fair. But maybe some people will still take the risk. It's becoming a bit too unpredictable as of now. Maybe it'll be really different compared to most investments. 1 Quote Link to comment https://slingbank.com/forums/topic/678-bitcoin-price-falling/page/2/#findComment-1392 Share on other sites More sharing options...
Kakashi2020 Posted June 22, 2018 Share Posted June 22, 2018 5 hours ago, Steve5 said: That's fair. But maybe some people will still take the risk. It's becoming a bit too unpredictable as of now. Maybe it'll be really different compared to most investments. Well it's like gambling, no one knows what the future will bring to cryptocurrencies specially Bitcoin. But if you would rely on past years performance then it's still a positive investment, since it's price appreciated so much in the past couple of years. 1 Quote Link to comment https://slingbank.com/forums/topic/678-bitcoin-price-falling/page/2/#findComment-1399 Share on other sites More sharing options...
Martinsx Posted June 23, 2018 Author Share Posted June 23, 2018 23 hours ago, Steve5 said: That's fair. But maybe some people will still take the risk. It's becoming a bit too unpredictable as of now. Maybe it'll be really different compared to most investments. What I'm certain is that something or someone is behind the unstable situation that is facing cryptocurrency and Bitcoin at the moment. Maybe the entire blockchain is under attack or something else which I'm not sure but all in speculation as to why the coin is becoming so unstable in recent times. Who knows what's re going on? 1 Quote Link to comment https://slingbank.com/forums/topic/678-bitcoin-price-falling/page/2/#findComment-1410 Share on other sites More sharing options...
fishbate Posted June 23, 2018 Share Posted June 23, 2018 It seems that Bitcoin is steadily falling, i have checked the histogram and the decrease in value started on June 10. It plumed to 6,726 from 7,648 on June 9. Since then it has steadily decreased and its around 6,095 at the moment. It seems that this decrease is not finish yet. Quote Link to comment https://slingbank.com/forums/topic/678-bitcoin-price-falling/page/2/#findComment-1411 Share on other sites More sharing options...
Steve5 Posted June 23, 2018 Share Posted June 23, 2018 19 hours ago, Kakashi2020 said: Well it's like gambling, no one knows what the future will bring to cryptocurrencies specially Bitcoin. But if you would rely on past years performance then it's still a positive investment, since it's price appreciated so much in the past couple of years. Yes, that's true. Much of investment is a gamble. People just like to increase their odds of winning. In this case, their money earning potential profit. I'm sure time will come where the price will skyrocket once again. Quote Link to comment https://slingbank.com/forums/topic/678-bitcoin-price-falling/page/2/#findComment-1413 Share on other sites More sharing options...
Martinsx Posted June 24, 2018 Author Share Posted June 24, 2018 22 hours ago, fishbate said: It seems that Bitcoin is steadily falling, i have checked the histogram and the decrease in value started on June 10. It plumed to 6,726 from 7,648 on June 9. Since then it has steadily decreased and its around 6,095 at the moment. It seems that this decrease is not finish yet. Seriously, it's becoming a thing of worry on how unstable the cryptocurrency price is going up and down on daily basis. I have always kept a good eye on how it's going and as of this moment, it's dropped back down to $5, 837 and it might still go down. Quote Link to comment https://slingbank.com/forums/topic/678-bitcoin-price-falling/page/2/#findComment-1425 Share on other sites More sharing options...
Steve5 Posted June 24, 2018 Share Posted June 24, 2018 On 6/23/2018 at 4:30 PM, Martinsx said: What I'm certain is that something or someone is behind the unstable situation that is facing cryptocurrency and Bitcoin at the moment. Maybe the entire blockchain is under attack or something else which I'm not sure but all in speculation as to why the coin is becoming so unstable in recent times. Who knows what's re going on? That's a fun theory. I don't know if you're right. But it does sound possible for attacks to happen. I wouldn't be surprised if someone was causing the unstable nature of bitcoin. 😂 Quote Link to comment https://slingbank.com/forums/topic/678-bitcoin-price-falling/page/2/#findComment-1427 Share on other sites More sharing options...
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