Ninjastic
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Re: Bitcoin price is recovering!
by
lionheart78
on 21/03/2017, 22:29:30 UTC
Quote from: vnvizow on March 21, 2017, 05:47:52 PM
Quote from: roadbits on March 21, 2017, 05:40:26 PM
Quote from: vnvizow on March 21, 2017, 05:16:08 PM
Quote from: coinplus on March 21, 2017, 04:24:37 PM
Quote from: Theb on March 20, 2017, 02:47:29 PM
It has really recovered well from the price drop it got way back in January which was 700$ per Bitcoin it has now truly recovered which came to a high priced at 1200$ per Bitcoin. Which is a 500$ improvement in a little over a month. Now the price of Bitcoin got back to the 1000$ level due to again a shorting that happened last week. Hoping to see the price of Bitcoin recover again this week.
Actually it has not recovered rather it settled new goals and new price records this time if I am not wrong. And guys why you become so much worried when the price even drops a little ?
If the price would only go up and up only traders would find it impossible to earn via trading. I am one of those traders and hence I know the value of these swings, its really crucial.
Well dropping and rising by $200-300 is a lot. But I agree, it's just the business cycle at work here, the coin can't grow without falls
Today again it's increasing now the price is 1117$. I think in this weekend we can again see the Bitcoin price around 1200$. Yes, this price fall help traders to do good business otherwise there is no work for traders. This 200 and 300$ up and down will give nice profit to traders. I think since last few months traders are made a nice profit in Bitcoin trading.
Yes the traders benefit from this but, still the majority of normal users are not happy with those fluctuations. With the whole hard fork thing going on this month hadn't been great for normal btc users

Hardfork has not happened yet and besides, hardfork is healthy for a coin if it upgrades its specs and fixes scalability and bugs and glitches.  Aside from that it is really inevitable if Bitcoin needs to cope up with altcoins advances.  The problem is that exchanges probably a political agenda make use of this thing and FUD the market.  FUD will eventually gone when the right information is announced and spread out.


I can see that bitcoin at this moment had seen some recovery and now at more than $1100.  I hope it continue to recover and go up to $1300 at the end of this month.