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Old 01-16-2018, 07:15 PM   #1
mce
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WOW: BTC lost close to 50% of its value from its peak in December

https://www.btcmarkets.net/

Is this a temporary pull back? At what pricepoint are you guys jumping back in?

I'm hoping it dips to 1K to 5K range, I buy in, then it pops back up on its way to 100K

Sounds crazy? It's happened before (or close to it) with some biotech stocks.
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Old 01-16-2018, 07:24 PM   #2
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It would be great, but I don't see it going below 8k in the next year, I would buy some at that point.

I'll be buying some alt coins tomorrow, probably lumens, tron and a few more if the drop continues tomorrow.
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Old 01-16-2018, 07:28 PM   #3
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Quote:
Originally Posted by shake View Post

I'll be buying some alt coins tomorrow, probably lumens, tron and a few more if the drop continues tomorrow.
No ripple for you? Why not?

Also, what's the big deal with Tron?
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Old 01-16-2018, 07:33 PM   #4
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Holding BTC, BCH, ETH, LTC, ETN, XVG. Buying BNB, VIBE, TRX, IOTA, XLM, ADA, XRP, EOS, NEO.
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Old 01-17-2018, 09:05 AM   #5
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$9500 now

but keep in mind less than 3 months ago it was only $5000 so it's still up double compared to just a few months ago


It's nothing new, in the past years there have been multiple occasions where bitcoin dropped 50%+

It might take a while to recover though:

one time it dropped from $233 to $67 overnight (71%) and it took over 6 months to recover

another time it dropped from $1150 to below $500 and it took a year to get back over $1K
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Old 01-17-2018, 09:33 AM   #6
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I saw it
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Old 01-17-2018, 10:41 AM   #7
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No kidding, that's called fibo and pivot points.
If you don't know the rules, don't play the game.
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