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Bitcoin Falls to USD 6000

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Haroon Basha

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Bitcoin price dropped to 4 month low, USD 6000 on Friday June 22, 2018. Is this an opportunity to buy or Stay away from Cryptocurrencies? Please share your views.
 
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The views expressed on this page by users and staff are their own, not those of NamePros.
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Buy opportunity. I'm stacking these:

1. Cardano
2. EOS
3. Neo
4. Monero
5. Tron

I have strong feeling, I'll be laughing on my way to the bank in December/January. Wait till the FUD is over and you'll see VC and Institution's money coming in. We going to be around 800bn or above in total market cap by January 2019. Listen to Marco trader coming whole-in into Bitcoin:

 
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not surprised and almost expected,

with all the interest and regulation into the industry - prevents the shady price manipulation by bots and traders... so i guess we are getting to the real value of the coins... just not sure where the bottom is
 
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First Price Jump is 2014:

upload_2018-6-23_12-21-50.png


Current Price Chart:

upload_2018-6-23_12-22-49.png


is it just me, or do those charts look very similar !

 
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The price decline was expected and likely will be ongoing what with some nations banning bitcoins, and Google Facebook and others now banning crypto related ads. Not being able to monetize with their advertising on a website is a giant size negative.
 
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Bitcoin price dropped to 4 month low, USD 6000 on Friday June 22, 2018. Is this an opportunity to buy or Stay away from Cryptocurrencies? Please share your views.
Its not new
 
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Once it's down to $1 = 100 Bitcoins, I'll invest my 10 billion USD that I am about to receive from a Nigerian prince.
 
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based on the 2 charts - btc should bottom out at $4,750 and languish in that range for a few years.
 
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based on the 2 charts - btc should bottom out at $4,750 and languish in that range for a few years.

imo, the support area is nearby your prediction at the $5,000 level but I don't think it will hold and price should dip well below chart support areas sooner or later. Actually I believe the current price is surprisingly high in view of the fact websites cannot be monetized using Google or some other important ad providers,
 
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Once it's down to $1 = 100 Bitcoins, I'll invest my 10 billion USD that I am about to receive from a Nigerian prince.
Wakanda!
 
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Once it's down to $1 = 100 Bitcoins, I'll invest my 10 billion USD that I am about to receive from a Nigerian prince.

You are really ignorant of a significant game changer which has brought along a significant technology and your ignorance (or perhaps arrogance) is evident in the way you vilify a particular country based on ill-informed stereotypes.

Some comments (even jokingly) are just not ideal in a public forum especially where majority are educated and well cultured.
 
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You are really ignorant of a significant game changer which has brought along a significant technology and your ignorance (or perhaps arrogance) is evident in the way you vilify a particular country based on ill-informed stereotypes.

Some comments (even jokingly) are just not ideal in a public forum especially where majority are educated and well cultured.

Ignorant? about Bitcoin downfall or Nigerian Money Scams?
 
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Bitcoin will hit 40k by July 4th 2018!!
The U.S.A. will win the World Cup!!
And next weeks lotto numbers are:
12, 32, 04, 44, 26, bonus #03.
 
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You are really ignorant of a significant game changer which has brought along a significant technology and your ignorance (or perhaps arrogance) is evident in the way you vilify a particular country based on ill-informed stereotypes.

Some comments (even jokingly) are just not ideal in a public forum especially where majority are educated and well cultured.

the same was said when it was $19k, now its at $6k

the technology is there and the banks and countries may some day use it, but they dont need bitcoin

bitcoin is not scalable to be widely used
 
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Tulip Bulbs
Comic Books
Beanie Babies
Meteor Rocks
BitCoin
 
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People are scared to use credit-cards and atms, let alone virtual coins......
 
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Tulip Bulbs
Comic Books
Beanie Babies
Meteor Rocks
BitCoin

You forget to include another important bubble. The "dotcom" bubble. The remnants of this bubble is bringing us together here as domain name 'investors' (to use a better word).
 
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oh yes that one too

if i was lucky enough to get in early, i would be pumping and dumping myself.

that been said, the risk vs reward is to great to invest in now

to spend $6,000 in hopes for it to reach $20,000 is to far fetched and risky IMO
 
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December 9, 2017:
Don't try to pick tops or bottoms, let them show themselves. React don't predict.

Besides, Bitcoin is a bubble now, if I took any position it would be short when the time is right.

The Cboe launches it's bitcoin futures Sunday, the CME launches it's Dec. 18.
 
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that been said, when i drops below $1k, i may pick up a few - lol
 
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can't wait for the short sellers to get in on this - then it will be a real party!

since bitcoin has no real value or earnings - they can keep on shorting it (sell unlimited supply) until i reaches zero - lol
 
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