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Bitcoin Falls to USD 6000

Located in Cryptocurrencies and Digital Currencies started by Haroon Basha, Jun 23, 2018.

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  1. Haroon Basha

    Haroon Basha IZUQ.COM Gold Account VIP

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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.
     
    Last edited: Jun 23, 2018
    The views expressed on this page by users and staff are their own, not those of NamePros.
  2. Shuttlepro

    Shuttlepro Active Member VIP

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    Been going on most of 2018
     
  3. Ace3coiner

    Ace3coiner Neoprene.org Coin-rate.com WalletChief.com VIP

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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:

     
    Last edited: Jun 23, 2018
  4. urlurl

    urlurl Active Member VIP

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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
     
  5. urlurl

    urlurl Active Member VIP

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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 !

     
  6. namemarket

    namemarket Established Member ★★★★★★★★★★

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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.
     
  7. Haykay2005

    Haykay2005 Active Member VIP

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    Its not new
     
  8. BrandMart

    BrandMart DomainBugle.com VIP

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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.
     
  9. urlurl

    urlurl Active Member VIP

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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.
     
  10. namemarket

    namemarket Established Member ★★★★★★★★★★

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    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,
     
    Last edited: Jun 23, 2018
  11. -EM-

    -EM- Top Member VIP ★★★★★★★★★★

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    Wakanda!
     
  12. Steven McEvoy

    Steven McEvoy FocusMouse.com VIP

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  13. Steven McEvoy

    Steven McEvoy FocusMouse.com VIP

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    you might be on to something the third time is the charm
     
  14. Ace3coiner

    Ace3coiner Neoprene.org Coin-rate.com WalletChief.com VIP

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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.
     
  15. BrandMart

    BrandMart DomainBugle.com VIP

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    Ignorant? about Bitcoin downfall or Nigerian Money Scams?
     
  16. SuperNames

    SuperNames SuperNames.com PRO Gold Account VIP

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  17. urljunky

    urljunky Active Member VIP

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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.
     
  18. urlurl

    urlurl Active Member VIP

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    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
     
  19. urlurl

    urlurl Active Member VIP

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    Tulip Bulbs
    Comic Books
    Beanie Babies
    Meteor Rocks
    BitCoin
     
  20. -EM-

    -EM- Top Member VIP ★★★★★★★★★★

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    People are scared to use credit-cards and atms, let alone virtual coins......
     
  21. Ace3coiner

    Ace3coiner Neoprene.org Coin-rate.com WalletChief.com VIP

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    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).
     
  22. urlurl

    urlurl Active Member VIP

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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
     
  23. E-Promote

    E-Promote Active Member VIP ★★★★★★★★★★

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    December 9, 2017:
     
  24. urlurl

    urlurl Active Member VIP

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    that been said, when i drops below $1k, i may pick up a few - lol
     
  25. urlurl

    urlurl Active Member VIP

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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
     
    Last edited: Jun 23, 2018

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