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Topic: Bitcoin Drops Below $5,000, So sad! - page 4. (Read 3475 times)

legendary
Activity: 1288
Merit: 1000
September 07, 2017, 05:12:21 PM
#71
I will share some of my thought with you guys, so you will understand that price temporary pirce decline is not something to be afraid of:

1. When we will reach round numbers like $4k, $5k, $6k - we will always see some decline - it is standard market behaviour.
Price just reached another psychological barrier and some people will sell off their coins to make a profit.

2. Temporary crashes will create only a better entry point for new blood. New investors will be able to buy BTC at a lower price.

3. We reached certain point - so people will know that this ATH is more than possible next time, so they will wait patiently without panicking next time we will reach 5k

4. Price crash was linked to China ICO ban, and this won't affect bitcoin directly - it could even strengthen BTC position in the long run.
hero member
Activity: 1274
Merit: 513
September 07, 2017, 04:50:49 PM
#70
Its okay even the price drop 5k dollars because even that happened if you see the previous price and compared to the price now its very different and the price now is high and the valu is 4600 dollars and for sure it will increase more so if you have extra money you can invest it to bitcoin and you will earn profit this month or in the next few months because the price of bitcoin for sure before end of this month is 5k dollars.
hero member
Activity: 742
Merit: 500
September 07, 2017, 09:25:16 AM
#69
Let's think positive.Its a good chance for guys who are waiting to buy bitcoin at cheaper price.No need to worry more.The huge price dip was due to china's PBOC bannig all ICOs and asking the companies to refund all the funds they have raised to investors back.But its price soon recovered to reach $4655 since there was a huge buy wall resisting the price from falling more.That once again shows clearly that bitcoin is no more dependent on china for its progress.It has once again increased confidence among bitcoin investors and for sure,it would increase the demand for more bitcoins which would in turn increase its price more.
full member
Activity: 1442
Merit: 153
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September 07, 2017, 08:28:32 AM
#68
Bitcoin Drops Below $5,000,  news source - coindesk..
Coz, biggest sell-off since mid-July.

So, it can drop to 4k usd.

So!! need patience..

Best of luck guys
It's kinda sad. But it's an advantage or infavor for those who Buy Bitcoin during dumps. But absolutely, it will increase again later. That's part of its volatility such that there'll be times that its price will be high, ofcourse, there'll also be times that its value will fall. So fluctuations are already expected and shouldn't be a source or panic, especially to those who are holding their Bitcoin.
sr. member
Activity: 1246
Merit: 255
Leading Crypto Sports Betting & Casino Platform
September 07, 2017, 08:10:53 AM
#67
Don't feel sad it is fluctuate, in the coming month you will see bitcoin might be crossed $5000 more than it, Only trust on bitcoin and hold it till you will see bitcoin cross at %5000. Actually, i wanna see the bitcoin at $10000 but i know it will be possible but need time and within 2 years we will see bitcoin has come at $10000, because it is my believe on bitcoin.

That's sounds encouraging to hear the positive sides of bitcoin to be potentially crossing that $5000, and fluctuations is a serious challenge to all who've been holding for so long time. Well that's a nice idea to be more braver of not feeling sad behind the fears that might caused the sell value to crash, and even if the price still behave that way; people's demand still gaining higher interest in terms of investing for an asset.
People need to have a common thinking to accept both the growth as well the fluctuations. Just expecting profit users enter the bitcoin network, only after certain time period they realize that only profiting is impossible with bitcoin as well digital currencies. One need to be having good understanding and with that reaching $5000 is a possible fact.
sr. member
Activity: 658
Merit: 250
September 07, 2017, 06:59:02 AM
#66
Don't feel sad it is fluctuate, in the coming month you will see bitcoin might be crossed $5000 more than it, Only trust on bitcoin and hold it till you will see bitcoin cross at %5000. Actually, i wanna see the bitcoin at $10000 but i know it will be possible but need time and within 2 years we will see bitcoin has come at $10000, because it is my believe on bitcoin.

That's sounds encouraging to hear the positive sides of bitcoin to be potentially crossing that $5000, and fluctuations is a serious challenge to all who've been holding for so long time. Well that's a nice idea to be more braver of not feeling sad behind the fears that might caused the sell value to crash, and even if the price still behave that way; people's demand still gaining higher interest in terms of investing for an asset.
full member
Activity: 742
Merit: 100
September 07, 2017, 03:56:29 AM
#65
Bitcoin Drops Below $5,000,  news source - coindesk..
Coz, biggest sell-off since mid-July.

So, it can drop to 4k usd.

So!! need patience..

Best of luck guys
As I think: Bitcoin from $ 4900 drops when it crosses the $ 4400 resistance and $ 4200 it will fall to $ 4,000. It will stop and turn its head to reach the target $ 5000. Now Bitcoin is $ 4,600 and patiently waiting for a new record! I believe it

hero member
Activity: 2814
Merit: 618
Leading Crypto Sports Betting & Casino Platform
September 06, 2017, 11:12:32 PM
#64
Don't feel sad it is fluctuate, in the coming month you will see bitcoin might be crossed $5000 more than it, Only trust on bitcoin and hold it till you will see bitcoin cross at %5000. Actually, i wanna see the bitcoin at $10000 but i know it will be possible but need time and within 2 years we will see bitcoin has come at $10000, because it is my believe on bitcoin.
full member
Activity: 140
Merit: 100
September 06, 2017, 10:20:04 PM
#63
If you hold bitcoin and plan to sold it last week you'll be sad but if not, so don't. Bitcoin price always fluctuate as seller is high and demand is low. But if you ask what I prefer, I even wanted a 3000$ price next week so I can buy to hold. Not anyone has the money to buy at 4000$ and just risk it. Maybe some of those rich man will not worry at all.
full member
Activity: 296
Merit: 100
September 06, 2017, 09:32:39 PM
#62
There is nothing to worry about the small drops as price is staying above user expected level, even if drops below $4000 be patient don't be panic, it has the potential to grow in the upcoming weeks and will reach $5000 within September. 
hero member
Activity: 1834
Merit: 523
September 06, 2017, 12:08:46 PM
#61
If you see bitcoin price decrease you can buy if you want and for sure you will earn a lot of profit in the future. More bitcoin that you have more chances to gst a lot of profit in the next few months. And for sure the price of bitcoin this month of september possible to reach 5k dollars again and you will become happy because you earn profit but if you want more profit you can hold it for longterm.
sr. member
Activity: 2506
Merit: 368
September 06, 2017, 09:28:36 AM
#60
This is just normal if you are an investors of bitcoin but the pricing range of bitcoin compared to last month is very low unlike today. There's no need to panic, just stay calm and keep your pace. Don't let your emotion got into you if you are an investor, just hold it longer so you will get your profit when you could sell it to a high price.
legendary
Activity: 3556
Merit: 9709
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September 06, 2017, 08:28:23 AM
#59
Sad that the price went below $5000? Don't be eidiculous, zoom out on a chart & look at the price 12 months ago. Bitcoin is going in the right direction, the current price is fine & perfectly acceptable.
staff
Activity: 3206
Merit: 575
Join the world-leading crypto sportsbook NOW!
September 06, 2017, 08:23:48 AM
#58
Actually it is normal for bitcoin price to drop, I wouldn't even be surprise if bitcoin price drops below $2000 USD, it is possible but the chances for it to happen are very slim nowadays due to traders buying bitcoin at certain price when a massive price drop happens.
legendary
Activity: 3080
Merit: 1353
September 06, 2017, 08:02:20 AM
#57
I saw no mention to China banning cryptocurrencies in the thread. I thought that was a major factor of the bitcoin value decrease, am I wrong?

You are correct. Well, we have been seeing the price is going down when we touched $5000. It's a psychological barrier for most traders that's why we suddenly see a price dip. Then surprise, surprise, China declared that they are banning ICO that's why there are subsequent sells triggering panic that why the price plummeted to $4xxx and a almost touching below $3000. The timing of the announcement was really bad, but hey we don't need to be sad, because bitcoin just like before is very resilient in this kind of situation and you will see that it has recovered already at $4500 and we may see $5000 again. We just needed a little patience and not panic and most of all, hodl on our precious bitcoin.
sr. member
Activity: 588
Merit: 254
September 06, 2017, 07:51:18 AM
#56
Why need to be sad, the price now is at very good rate, and it has above my expectations, one day it can be more than 5000$ it just need more time and I think we are not far from 5000$ and it is a good thing if Bitcoin stay above 4000$ and stable at 4500$, we can't force the growth because it can trigger another correction again
Yes exactly there is no need to be sad at the current price of the bitcoin, the price dip and pump are something one should should not get worried at. Honestly speaking I had no idea that bitcoin price will go above $4k this much soon, all I knew was that bitcoin has the potential to grow its price. Bitcoin price is stable at $4500 and this is something that the bitcoin users should admire.
My opinion to all the bitcoin users is to be patient be positive and optimistic also be realistic and observe the potential of bitcoin, if you understand it once you will be satisfied will have no tensions of the time being price dips.  Smiley
full member
Activity: 122
Merit: 100
September 06, 2017, 07:14:41 AM
#55
I saw no mention to China banning cryptocurrencies in the thread. I thought that was a major factor of the bitcoin value decrease, am I wrong?
legendary
Activity: 1596
Merit: 1011
September 06, 2017, 06:57:34 AM
#54
Bitcoin Drops Below $5,000,  news source - coindesk..
Coz, biggest sell-off since mid-July.

So, it can drop to 4k usd.

So!! need patience..

Best of luck guys
The very cause of someone's sadness might be the cause of others happiness. While you're sad about the drop in bitcoin prices others see it as an opportunity to buy more. Rise and fall in the prices of bitcoin is just what people make money with so you shouldn't be too happy nor is there any reason for anyone to be too sad looking at the bitcoin prices. Finally I think bitcoin will again reach 5k soon so no need to be worried about the drop in the prices.
you are a careful person, indeed for some people this is an opportunity to be able to buy as much bitcoin as possible at cheap prices. currently the bitcoin price is back on the positive treck. even the current price is much better than before the price drop. the impact due to regulation in china did affect and make many people panicked, but now everything is back under control. we will see the future of bitcoin much better.
hero member
Activity: 676
Merit: 500
September 06, 2017, 06:39:53 AM
#53
Don't be sad, don't panic, it's gonna be ok.. anyway, bitcoin prices are still at a high price i guess. Calm down, i think this is just a momentary / temporary drop, maybe the bitcoin price will lead to high again. Well we can only hope that bitcoin price never drop to $4000 again, hope so.
Haha just bitcoin drops below $4,000 make you feel worry, do you ready in someday the price of Bitcoin drops below $1,000 again? Of course, there are not many traders can ready all worst situation of market and honestly, I also cannot do that all. Grin
hero member
Activity: 1428
Merit: 653
Leading Crypto Sports Betting & Casino Platform
September 06, 2017, 06:30:32 AM
#52
Bitcoin Drops Below $5,000,  news source - coindesk..
Coz, biggest sell-off since mid-July.

So, it can drop to 4k usd.

So!! need patience..

Best of luck guys
The very cause of someone's sadness might be the cause of others happiness. While you're sad about the drop in bitcoin prices others see it as an opportunity to buy more. Rise and fall in the prices of bitcoin is just what people make money with so you shouldn't be too happy nor is there any reason for anyone to be too sad looking at the bitcoin prices. Finally I think bitcoin will again reach 5k soon so no need to be worried about the drop in the prices.
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