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[CrazySher]

Bitcoins price falls continuously and it is the 8th day and its price goes under $50,000. Today it's price is $49,4000, which is falls by $600

 

[microunit]

For some people who have already a big trust in bitcoin they'll probably buy in the dip while other people will sell in fear that it will continue to go down, note that not only bitcoin fell down but majority of the cryptocurrency fell down with bitcoin

 

[SCAMEXPOSER]

For some people who have already a big trust in bitcoin they'll probably buy in the dip while other people will sell in fear that it will continue to go down, note that not only bitcoin fell down but majority of the cryptocurrency fell down with bitcoin

The tax policy of Biden can only short time panic in the Crypto currency market but it can't crash so it is not advisable to sell out of fear in my opinion.

 

[yolaqueen]

Bitcoin is sitting at $50,060 on Coinmarketcap at the moment. Seems to be struggling to break through the $50,000 barrier. Perhaps hovering for a few days will stabilise the market. I am not selling, but contnuing to stake coins on Binance.

The bitcoin has had a small rebound in its price, let's hope that the cryptocurrency stabilizes and then it may have a spike in its price as we hope it will happen.

 

[yolaqueen]

It did rally above 53k again. Do you think that was the end of the correction?

This rally is very good for investors and in general for the entire economy that moves with bitcoin, I hope that the price continues its growth and reaches the predictions given as exceeding $ 80k.

 

[Kambas]

Bitcoins price falls continuously and it is the 8th day and its price goes under $50,000. Today it's price is $49,4000, which is falls by $600

These are the best times to buy because look today BTC is $54200 so if you bought for $49000 just a few days ago you could of made a good profit depending on how much you could have invested.

Buy the dips and sell the highs, can't go wrong. Game of patience and discipline and you can make a lot of money with this kind of volatility.

 

[Fayiz]

It did rally above 53k again. Do you think that was the end of the correction?

Now Bitcoin is crossed 54k Today have 8% rise in Price of bitcoin.
Other altcoins also good improvement along with bitcoin hope this is ending of last weak struggling and btc price will fly again

 

[Josemendez]

These continuous fall in price was not only confined to Bitcoin alone , many other coins were also in the downtrend. Fortunately it has started rising again .

 

[microunit]

These continuous fall in price was not only confined to Bitcoin alone , many other coins were also in the downtrend. Fortunately it has started rising again .

Well majority of the coins are being traded/exchanged to bitcoin that's why majority of them are directly affected by bitcoin's price changes, quite a common occurence in the crypto market

 

[Josemendez]

Well majority of the coins are being traded/exchanged to bitcoin that's why majority of them are directly affected by bitcoin's price changes, quite a common occurence in the crypto market

I don't think so . There are other pairs that people use because they offer better yield than going through Bitcoin. The market is just generally down.

 

[microunit]

I don't think so . There are other pairs that people use because they offer better yield than going through Bitcoin. The market is just generally down.

If people don't necessarily inter-exchange them to bitcoin I don't think other coins would go down or up with bitcoin as bitcoin would just be the one to be affected

 

[Josemendez]

If people don't necessarily inter-exchange them to bitcoin I don't think other coins would go down or up with bitcoin as bitcoin would just be the one to be affected

If you are to swap a coin for bitcoin , you will surely be losing much because the coin will have low weight to Bitcoin ratio. This is why people prefer using usdt .

 

[microunit]

If you are to swap a coin for bitcoin , you will surely be losing much because the coin will have low weight to Bitcoin ratio. This is why people prefer using usdt .

I don't think so, as it will still be dependent, if you will swap your coin to bitcoin then you already have bitcoin you already profited when bitcoin rises and your original coin goes down, swapping it to usdt is like just swapping it to fiat and being neutral

 

[Josemendez]

I don't think so, as it will still be dependent, if you will swap your coin to bitcoin then you already have bitcoin you already profited when bitcoin rises and your original coin goes down, swapping it to usdt is like just swapping it to fiat and being neutral

People swap to usdt so that their money will remain the same when there is a dip in the market . Secondly , there is period when the strength of usdt increases

 

[Awan Cheyanne]

There are a lot of mining setups being removed around the world right now. that is the only reason the price is still soaring on this coin. There are only a few serves left and looks like the 3 Gorger Damn in China has issues and they predict it will break so if this one happens the last of the mining servers will be taken down and if it does happen the coin price drops to 0. this is only a few of what there is right now I can not post them all here at once.

 

[Flomo]

The degredation in Bitcoin is base on market exchange rate and with this hope is not lost, investment is a gradual process

Bitcoins price falls continuously and it is the 8th day and its price goes under $50,000. Today it's price is $49,4000, which is falls by $600

 

[Biggs]

Your points are not strong on why I should do such , you are to give me reason not just instructions, I don't you are into cryptocurrencies trading or holding.

As business minded person you are to calculate the gain and lost ,by the present falling in Bitcoin day by day what I will think is get the outcome and reinvest in another platform

 

[SCAMEXPOSER]

I had the plan to sell my bitcoin at $65000 then reinvest when the price is down again but sadly it is still battling with $55,000 benchmark.

 

[microunit]

There are a lot of mining setups being removed around the world right now. that is the only reason the price is still soaring on this coin. There are only a few serves left and looks like the 3 Gorger Damn in China has issues and they predict it will break so if this one happens the last of the mining servers will be taken down and if it does happen the coin price drops to 0. this is only a few of what there is right now I can not post them all here at once.

If there will be less miners in the bitcoin network and less power, there would be more work for those remaining miners and this will definitely impacy the transaction speed of bitcoin and this might upset alot of people and might bring down bitcoin's price

 

[Josemendez]

The degredation in Bitcoin is base on market exchange rate and with this hope is not lost, investment is a gradual process

Sure it is ,and to be able to survive one needs to be patient and also able to review the market well before investing in them .

 

[SCAMEXPOSER]

If there will be less miners in the bitcoin network and less power, there would be more work for those remaining miners and this will definitely impacy the transaction speed of bitcoin and this might upset alot of people and might bring down bitcoin's price

I don't think there will be less miners at all rather more miners , they will spend more on power sources like trigger the price of bitcoin.