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Topic: Bitcoin falling again - page 19. (Read 13715 times)

hero member
Activity: 2912
Merit: 556
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September 14, 2017, 06:24:07 AM
I guess this is due to to those people selling their bitcoin, converting their coins to fiat.
Turning the e currency to real.
Maybe people are getting their money out of the e-wallet, because they need it, who knows maybe their just in need.

Of course, many people sell their coins to get money and buy the necessary things for them, but this price reduction was due to bad news. The price will soon start to rise upwards as bitcoin is still developing.

i think this is because people panic to read the bad news from some of people which want bitcoin price is down and its happen now. the price it seems will be down again as there is many bad prediction which saying bitcoin will crash and save your money and bla bla bla. if we can stay calm and not eat that bad news while we can buy bitcoin again, then i think its our opportunity to buy in lower price.
legendary
Activity: 2170
Merit: 1427
September 14, 2017, 05:19:47 AM
People are funny.
buyers whish the price will grow
and
sellers wish the price will down.
It's even more funny when you consider that the same people hoping for the price to go down, are not buying at all if the price does happen to go down. They keep waiting for the price to fall down even further, where they completely miss out on that buying opportunity. It's not for nothing that even though people have had loads of time to buy at lower levels, they still open up threads asking whether or not it's still a good moment to buy Bitcoin when the price has increased significantly.

And it is funny as well to know that the buyers and the sellers are exactly the same number.
Not really. In the recent months there was far more demand than actual supply, and this results in the market to increase in value. If demand and supply are hovering around the same levels, we'll get to experience a stagnant market, which isn't the case at this point. Right now we're coming to a point where people aren't willing to pay premiums for a Bitcoin, and that results in the market to decrease due to the lower overall demand.
newbie
Activity: 22
Merit: 0
September 14, 2017, 05:07:35 AM
Guys, sorry for the strange questions. I'm just starting to get into bitcoin and would like to get some advice?
Thank you for understanding
sr. member
Activity: 1484
Merit: 276
September 14, 2017, 05:03:17 AM
I know one of the reason and its chinas bitcoin exchange has flactuate and some get banned thats what i heard from my friends so correct me if i am saying wrong,but dont mindthe price it will rise soon Cheesy
full member
Activity: 364
Merit: 100
September 14, 2017, 04:54:37 AM
I guess this is due to to those people selling their bitcoin, converting their coins to fiat.
Turning the e currency to real.
Maybe people are getting their money out of the e-wallet, because they need it, who knows maybe their just in need.

Of course, many people sell their coins to get money and buy the necessary things for them, but this price reduction was due to bad news. The price will soon start to rise upwards as bitcoin is still developing.
hero member
Activity: 3052
Merit: 651
September 14, 2017, 04:49:23 AM
It's like a bit quite normal these days and considering that issue on China. Don't panic. And just think about this one, last year the price of bitcoin was about 2k usd, let's just be thankful that we reach high right now.

Yes that is what I think. Those who have invested before are still in profit.
The sad thing is they are also the ones who are crying about this recent down of bitcoin price.
You see hero ranking and senior that looks like they have invested in $4k price that may be just lies.
If we want to keep bitcoin pacing back up then we should be the one doing our jobs to make it look better again. Not going with the fake news and supporting it.  Cry
legendary
Activity: 2383
Merit: 1551
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September 14, 2017, 04:40:45 AM
OMG, Bitcoin falling again, current price = 3866USD.
What happen? we losing money every hours. Need exchange BTC to fiat?
Who can explain this situation?

This JP Morgan Chase CEO,Jaime Dimon is the one of the reasons why I came across. It was reported that sick lying piece of crap told bitcoin will be a fraud and will blow up soon enough and all those who invested in it will suffer.And why not will he tell ,his bank is the largest in America and with the price of bitcoin being above 4000$,he couldnt take it and told some nonsense which he knew that people will believe in him.
full member
Activity: 700
Merit: 100
September 14, 2017, 04:38:15 AM
I do not own a lot of bitcoin so I dont panic. Like dollar, the value is volatile. I think its time to buy bitcoin. I believe its price will soon rise.
It started at very low price and as we see, its normal, sometimes it goes up but sooner it will roll back to its higher price.
jr. member
Activity: 53
Merit: 10
September 14, 2017, 04:26:05 AM
Why Bitcoin falling down? Have any reason?
sr. member
Activity: 364
Merit: 250
September 14, 2017, 04:20:16 AM
bitcoin falling again is not a bad ending, the possibility of bitcoin can rise again even multiplied. so I think holding the coin is the best thing than selling it for a low price. because definitely the bitcoin price will go up.

I really agree with you, maybe this is only temporary because of a small problem that wants to knock Bitcoin from someone who does not use logic, maybe there are investors who panic about this weird joke, so they sell some of their Bitcoin.
legendary
Activity: 1778
Merit: 1026
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September 14, 2017, 04:11:24 AM
OMG, Bitcoin falling again, current price = 3866USD.
What happen? we losing money every hours. Need exchange BTC to fiat?
Who can explain this situation?

It is very heartbreaking to see bitcoin's value to go down. Many of my friends has already lost their money and it is not good to hear anymore. Even me, I've lost plenty of money already and it is very alarming. I think it's normal that bitcoin goes down sometimes but I don't find it typical anymore that it is going down so hard. But even though it is what happening, I'm still hoping that bitcoin will increase again so that we can earn more.

People are funny.
buyers whish the price will grow
and
sellers wish the price will down.
And it is funny as well to know that the buyers and the sellers are exactly the same number.
full member
Activity: 135
Merit: 100
September 14, 2017, 04:08:18 AM
I guess this is due to to those people selling their bitcoin, converting their coins to fiat.
Turning the e currency to real.
Maybe people are getting their money out of the e-wallet, because they need it, who knows maybe their just in need.
hero member
Activity: 2184
Merit: 891
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September 14, 2017, 04:07:14 AM
Panic selling has started and nothing can stop it. Because of this continued selling people of their bitcoins. And this is how you feel now. I'm just like that but I'm not selling because I'm just getting the least chances to get the chance to get back. I am satisfied with what the amount I hold now and I wait for the right time to increase.


I guess we have the same disposition. For now, I would be hodling my Bitcoin for the very reason that the value is low...wait for the time it would grow and then I might sell some. People are having panic picnic because they are so afraid they might everything they invested for in Bitcoin. These are the people that can easily be moved by FUD. We don't need these people within the Bitcoin community.

So true brother but we can't help this. There's always some people that easily be swayed by FUD and many here are just trolling. The price we're experiencing now isn't a crash but more likely a correction in the market. If you see closely the graphs the repetitions of events occur again. So the price now is just for temporary and soon bitcoin will rise again to its ATH and less people can afford to buy some pieces of bitcoin.
sr. member
Activity: 728
Merit: 254
September 14, 2017, 04:04:55 AM
OMG, Bitcoin falling again, current price = 3866USD.
What happen? we losing money every hours. Need exchange BTC to fiat?
Who can explain this situation?

It is very heartbreaking to see bitcoin's value to go down. Many of my friends has already lost their money and it is not good to hear anymore. Even me, I've lost plenty of money already and it is very alarming. I think it's normal that bitcoin goes down sometimes but I don't find it typical anymore that it is going down so hard. But even though it is what happening, I'm still hoping that bitcoin will increase again so that we can earn more.
hero member
Activity: 1078
Merit: 501
September 14, 2017, 03:38:09 AM
OMG, Bitcoin falling again, current price = 3866USD.
What happen? we losing money every hours. Need exchange BTC to fiat?
Who can explain this situation?

yeah price is falling.  I am already panic, what if bitcoin price will not go up next week? I need bitcoin price to rise next week because I am in an exact budget for next week, I am expecting the price to go up just like the last time that bitcoin reach $4300. 😭 I hope that bitcoin will recover.
sr. member
Activity: 1008
Merit: 355
September 14, 2017, 03:31:33 AM
Panic selling has started and nothing can stop it. Because of this continued selling people of their bitcoins. And this is how you feel now. I'm just like that but I'm not selling because I'm just getting the least chances to get the chance to get back. I am satisfied with what the amount I hold now and I wait for the right time to increase.


I guess we have the same disposition. For now, I would be hodling my Bitcoin for the very reason that the value is low...wait for the time it would grow and then I might sell some. People are having panic picnic because they are so afraid they might everything they invested for in Bitcoin. These are the people that can easily be moved by FUD. We don't need these people within the Bitcoin community.
full member
Activity: 616
Merit: 102
September 14, 2017, 03:26:09 AM
Ok. Thanks for your opinion!
I stopped panic now. I understood that this is normal situation of the crypto market.
I hope that it's corrections only. I will hold my BTC.

You're already a Sr member here but still don't know that this fluctuations are just normal? you know Sr. members have a lot time to stay on this forum and even if you browse on this forum you will see some threads that discussed about the price. So if I were you just relax and this price is still so high compared before from $2000ish, and $3.8-$4k will be the stable price of bitcoin this days so it will not decrease rapidly IMO.

I find your comment funny.  Smiley
But you have a point I believed that all Sr. member above already know about big flucutations.
Anyway the Sr member you point out maybe did not have knowlegde about other investment vehicle like stokc market, forex and many more.
I am a Jr. member just last week but I am trading stocks so its not really a big shock to me those big fluctations of the price.  Smiley
newbie
Activity: 30
Merit: 0
September 14, 2017, 03:21:24 AM
Ok. Thanks for your opinion!
I stopped panic now. I understood that this is normal situation of the crypto market.
I hope that it's corrections only. I will hold my BTC.

Yes you have done the right thing. It doesn´t matter how far bitcoin will fall because i believe that bitcoin will grow a lot more than you can imagine. Bitcoin is getting popular by the second so you don´t have to worry about bitcoin going back to like 100-200 dollars.
hero member
Activity: 1554
Merit: 880
pxzone.online
September 14, 2017, 03:15:47 AM
Ok. Thanks for your opinion!
I stopped panic now. I understood that this is normal situation of the crypto market.
I hope that it's corrections only. I will hold my BTC.

You're already a Sr member here but still don't know that this fluctuations are just normal? you know Sr. members have a lot time to stay on this forum and even if you browse on this forum you will see some threads that discussed about the price. So if I were you just relax and this price is still so high compared before from $2000ish, and $3.8-$4k will be the stable price of bitcoin this days so it will not decrease rapidly IMO.
sr. member
Activity: 1330
Merit: 258
September 14, 2017, 03:05:06 AM
Ok. Thanks for your opinion!
I stopped panic now. I understood that this is normal situation of the crypto market.
I hope that it's corrections only. I will hold my BTC.
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