Quote from: whaawh on September 12, 2017, 07:44:35 PM

Quote from: BitHodler on September 12, 2017, 07:26:01 PM

Quote from: Kingofbitcoin12345 on September 12, 2017, 05:32:42 PM

I can't foresee anything like that,, below $4000 is not happening this year or even next year but that's just my observation.. This past corrections it holds only at $4100 and up and it was never down at that range.. It only means that even rumors and news against or related to cryptocurrency is not effective this days at all.. I think at this rate of observation it will make bitcoin stronger and maybe stabilize in the future..

Bitfinex has taken a dive below the $4000 mark for two times already after reaching an all time high of $4970 earlier this month. Bitstamp went down all the way to $4001.9 as lowest point.

Realistically speakinthen the tension between these countries has increased, then this is unambiguous. And today we can not predict what will happen in the future, even looking at what is happening in China today and how the government starts to aggravate the work with the crypto currency. If China and Japan have problems with this business, So we will only hope that Bitcoin will be strengthened in other countriesg, there is nothing that prevents the markets to dive under the $4000 mark if large holders start dumping their coins, where the weak hands will follow after that ~ that's how it always goes here.

If the market remains stagnant and keep bouncing up and down between $4000-$4400, it won't take long before people lose their patience and start dumping ~ we shouldn't forget that a lot people are here for short term gains.

If things take too long, they lose confidence. Some people only bought themselves in this market because of the insane bull run to $5000, where they most likely assumed that it would continue to increase.

Let's give the market some time (a few months) to see what we are up to. At this point we still don't know how the potential hard fork in November, and then mainly the uncertainties, will affect this this market.

for today we already see that there are problems with that that can try to make a fork and with an etherium. Just as we already said November may be marked by the next division of Bitcoin and how this will affect the entire crypto currency. Nobody knows. We have already seen such a fuss in the month of August, but it's nothing like good. So it did not bring bad. Perhaps also in November.

As you mentioned that we have seen these speculations in August and after panic we are seeing bitcoin with continuous increase in the price. I am sure that November panic is also based on speculations and bitcoin price would never effect by November speculations.

I dont believe in any hard fork now that may be proved harmful for bitcoin journey. A bit down in the price is not a fall of bitcoin in my opinion.