Bitcoin @ $592.. we are crashing - page 5.

Meettayo

newbie

Activity: 27

Merit: 0

Quote from: Rubberduckie on August 02, 2016, 12:07:18 AM

Quote from: Daifotis on August 01, 2016, 11:49:17 PM

Quote from: vodaljepa on August 01, 2016, 11:20:03 PM

What is going on? damn

https://bitcoinwisdom.com/markets/btce/btcusd

Take it as a opportunity to buy coins again at your considered lowest rate.

Bitcoin Markets is now under pressure following the drop in price and Hash Rate, it's obvious now what to do next.

I agree it it's just a good sign to buy.

I wont be worried unless we drop under $500 because anything around
$600 could just be simple profit taking after the huge rise.

Agree in both post. Yes anything around $600 is just fine. I will considered it as a price crash if we lower to $500. That is the worst case scenario since the rewards has been low.

XERES

sr. member

Activity: 364

Merit: 250

Quote from: YIz on August 01, 2016, 11:21:34 PM

Ethereum Classic is rising while Ethereum and Bitcoin are falling. I bet the free fall will end today but it might not Wink

join the ride.

Yeah, a bit surprised its up 66% today and the most of altcoins also is down but Ethereum Classic rising, well I gues those who made profit from ETC just sold their BTC.

ImHash

hero member

Activity: 924

Merit: 506

it's mostly because before the halving people were holding so this past month we had rise not just because of halving but no one was selling and after the halving you can see that people started to panic sell in fear of a sudden crash this is exactly what is happening now people are panic selling thinking recent drops in value of some alts would reach bitcoin as well.

Rubberduckie

legendary

Activity: 1442

Merit: 1000

Quote from: Daifotis on August 01, 2016, 11:49:17 PM

Quote from: vodaljepa on August 01, 2016, 11:20:03 PM

What is going on? damn

https://bitcoinwisdom.com/markets/btce/btcusd

Take it as a opportunity to buy coins again at your considered lowest rate.

Bitcoin Markets is now under pressure following the drop in price and Hash Rate, it's obvious now what to do next.

I agree it it's just a good sign to buy.

I wont be worried unless we drop under $500 because anything around
$600 could just be simple profit taking after the huge rise.

Daifotis

newbie

Activity: 49

Merit: 0

Quote from: vodaljepa on August 01, 2016, 11:20:03 PM

What is going on? damn

https://bitcoinwisdom.com/markets/btce/btcusd

Take it as a opportunity to buy coins again at your considered lowest rate.

Bitcoin Markets is now under pressure following the drop in price and Hash Rate, it's obvious now what to do next.

electronicash

legendary

Activity: 3178

Merit: 1054

Quote from: YIz on August 01, 2016, 11:21:34 PM

Ethereum Classic is rising while Ethereum and Bitcoin are falling. I bet the free fall will end today but it might not Wink

join the ride.

Must really be one of the reason as investors see ETH derivative as innovative as they are.
Too bad I only have few ETC this time. I wish I have decided earlier to invest more to it. I could have profit exponentially.

avikz

legendary

Activity: 3080

Merit: 1500

Quote from: Gahs on August 01, 2016, 11:25:01 PM

It's called stabilizing. The price of bitcoin is gradually moving to a stable equilibrium till the next halving in 2020.

If you bought bitcoins at $600+, either hold till price rises again or exchange for a viable altcoin - wait for its price to rise, sell and make some profit there.

Even I think the same. The price is now stabilizing. Just filling up the hole left behind to get the roots stronger. from 592 USd the price is now 600 USD. It will increase soon. However, the recent fall made few people bearish on bitcoin hence they also are selling. It will take a bit but will soon recover.

Divinespark

hero member

Activity: 938

Merit: 501

I am guessing the bears are targeting BTC on the back of the closed doors scaling meeting. See the market as well-supported in the high 500's, so don't see a huge slide beyond here

Gahs

sr. member

Activity: 294

Merit: 250

Minter

It's called stabilizing. The price of bitcoin is gradually moving to a stable equilibrium till the next halving in 2020.

If you bought bitcoins at $600+, either hold till price rises again or exchange for a viable altcoin - wait for its price to rise, sell and make some profit there.

YIz

hero member

Activity: 686

Merit: 502

Ethereum Classic is rising while Ethereum and Bitcoin are falling. I bet the free fall will end today but it might not Wink

join the ride.

vodaljepa

hero member

Activity: 658

Merit: 500

What is going on? damn

https://bitcoinwisdom.com/markets/btce/btcusd

Topic: Bitcoin @ $592.. we are crashing - page 5. (Read 3560 times)