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Topic: ♨♨♨ Bitcoin DOWN OVER 10% Today!! ♨♨♨ - page 2. (Read 725 times)

full member
Activity: 644
Merit: 107
This is a big correction, what I fear eventually happens. I think it will continue to drop by 15%. I don't know why this happened, there must be a very impact cause to make it like this. Soon we will know the original price of bitcoin. This will not be long time, bitcoin will again grow in the last few days of this year.
legendary
Activity: 3528
Merit: 7005
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I have been saying this a lot.

This seems a awful lot like 2013. Like, down to the T.
Go take a look at what day BTC dropped 50% in 2013......

Not trying to induce fomo. I just feel that the symptoms of the surge were similar, and everything is playing out the same.
Yep.  I've been nervous about the price ever since we broke $5000 and haven't bought much bitcoin since then.  It probably isn't a bad idea to short bitcoin right now, because I have a feeling we're going to drop quite a bit, and soon.  As OP has said, we're down quite a bit from $15,500 or whatever the high was.  That price still makes my head spin, because even though I'm late to the party, I've been following bitcoin since around the time of Mt. Gox, and I remember when it slid below $200 for a while. 

Shorting is a dangerous, nerve-racking activity, though.  I would never actually do it because I'd pretty much have to watch the price constantly.  You could easily lose everything if bitcoin rises more instead of dropping.  But hey, good luck if you do it.
newbie
Activity: 14
Merit: 0
Dropping even more  Shocked
hero member
Activity: 672
Merit: 500
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Yeah as of right now time of writing it is showing down 8 percent as of yesterday's closing price. No need to worry the prices seem to do crazy rises and drops of double digits it seems like this is the new normal behavior for bitcoin each day just dont panic sell.
sr. member
Activity: 545
Merit: 251
ASK
What do you predict the price will drop to in the next hour? next 24 hours? next week?

It will correct below its true price in due time. Then probably bounce above it before settling somewhere well below where we are now.

Thats really all I can predict.
newbie
Activity: 14
Merit: 0
What do you predict the price will drop to in the next hour? next 24 hours? next week?
full member
Activity: 378
Merit: 100
This is the reality of Bitcoin. We can't predict the value of it. We never know when the value will goes up and when will goes down.
sr. member
Activity: 545
Merit: 251
ASK
I have been saying this a lot.

This seems a awful lot like 2013. Like, down to the T.
Go take a look at what day BTC dropped 50% in 2013......

Not trying to induce fomo. I just feel that the symptoms of the surge were similar, and everything is playing out the same.
newbie
Activity: 14
Merit: 0
Bitcoin is down over 10% in the last 24 hours

Bitcoin is down over 1.5% in just the last hour


Is the market getting ready for futures? I predict the price will continue to drop exponentially  Shocked
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