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Topic: Bitcoin going down (Read 292 times)

member
Activity: 336
Merit: 10
December 25, 2017, 01:50:42 PM
#28
Bitcoin going down and down, current is $11,833.00

Any idea where it will stop and what is the reason behind this massive dump.

it is already stop dumping and it start rising toward to moon and 16,000$ soon so don't worry and happy trading  Smiley

Thanks
Regards

It is dumping againg Wink probably we will see 10k price before 2018.
member
Activity: 154
Merit: 11
December 22, 2017, 07:25:53 PM
#27
Banks have been pushing people in Australia I know that for sure, Coinspot here has been forced to stop accepting instant bank payments for now.  There are also a lot of governments around the world that are threatening higher tax brackets for people who invest in Bitcoin and Altcoins.   I see this as the banks and governements fear that they cannot control it and trying to get a grip..  Desperate times , cause for desperate measures.. they can't handle the current massive transfers of wealth that they can't control.. 
sr. member
Activity: 546
Merit: 250
December 22, 2017, 06:20:41 PM
#26
Bitcoin going down and down, current is $11,833.00

Any idea where it will stop and what is the reason behind this massive dump.

it is already stop dumping and it start rising toward to moon and 16,000$ soon so don't worry and happy trading  Smiley

Thanks
Regards
member
Activity: 127
Merit: 13
December 22, 2017, 04:50:28 PM
#25
Do we have any predictions for the weekend ?

Unconfirmed-transactions reached 274120
and the fee reached 990 satoshi / bytes,
sr. member
Activity: 420
Merit: 252
December 22, 2017, 04:39:39 PM
#24
Bitcoin goes down but Bitcoin cash up. Coincidence? Definitely not! There was a strong overflow from bitcoin into the cash. Bitcoin must die sooner or later, and cash will replace it
full member
Activity: 196
Merit: 100
December 22, 2017, 03:42:40 PM
#23
People say cme traders futures dump bitcoin because they want to buy at a low price. I bought more btc at $11k today. I think we are seeing a little bounce, maybe a bit of a bull trap, then it will go lower probably (I’m holding some cash just in case) and then in the new year everyone will be buying again.
newbie
Activity: 238
Merit: 0
December 22, 2017, 02:44:15 PM
#22
it is highly likely that BITCOIN will go further down but also rise again with a high price as it happened many years ago.
i have heard some exchange got hacked thats why it is going down and down am not sure about this just heared.
hero member
Activity: 1092
Merit: 501
December 22, 2017, 02:41:23 PM
#21
Bitcoin going down and down, current is $11,833.00

Any idea where it will stop and what is the reason behind this massive dump.
The price is above 13k now, but I get what you mean, the price needed a correction, you need to understand that in order for the price to grow so much we need new people entering the market, which means that  a lot of new people got in in that last months and now we are seeing the consequences of that, a lot of people are selling in panic and losing money as a result.
hero member
Activity: 1876
Merit: 512
December 22, 2017, 02:34:05 PM
#20
Bitcoin going down and down, current is $11,833.00

Any idea where it will stop and what is the reason behind this massive dump.

I'm telling you, we will look back soon and ask our self why we didn't buy the coin when the price dumped to $11k, I believe there is one whale manipulating the price causing the sell orders on exchanges to be activated
full member
Activity: 149
Merit: 100
December 22, 2017, 02:22:18 PM
#19
Bitcoin going down and down, current is $11,833.00

Any idea where it will stop and what is the reason behind this massive dump.

It is still up on a month ago, the reason for the dump is that it just went up too much in a short period of time. I think the dump has ended but I would invest in ethereum rather than bitcoin at this point.
member
Activity: 307
Merit: 10
December 22, 2017, 02:16:10 PM
#18
Now is a very good time to buy bitcoin. There is a correction, and in January we will see the price of 20,000 dollars.
member
Activity: 406
Merit: 10
December 22, 2017, 02:11:27 PM
#17
I thought that the correction would not be so bloody)) But bitcoin surprised me again. Now the same strong and rapid price increase. I hope that this will happen before December 31, 2017
full member
Activity: 264
Merit: 100
TV TWO - Connect your TV to ETH Blockchain
December 22, 2017, 02:03:38 PM
#16
This is a Christmas sell off plus a much awaited correction for BTC after growing parabolic since last month. This is the nature of the market, you can call it as a bubble or whatever. Bubbles will actually help in the growth of the asset in long term. Bitcoin is experiencing that right now and alts are also following that right now.
newbie
Activity: 56
Merit: 0
December 22, 2017, 01:22:18 PM
#15
A combination of the following is the "reasons":

(1) Typical BTC correction (ebb and flow)
(2) TONS of new, experienced, non-battle hardened crypto investors who have never experienced a major BTC correction before selling like morons for little to no gain (or a loss)
(3) Cryptos tend to dip around Christmas every year

Nothing to fret about. Just HODL and buy moar! Wink


THIS!
hero member
Activity: 2268
Merit: 579
Vave.com - Crypto Casino
December 22, 2017, 01:20:28 PM
#14
I only know two reason behind the dip in price of bitcoin due to past experience. Bitcoin is the number 1 crypto currency and there's always dump in price of it when Christmas is coming because every holder of it usually sell some part of their bitcoin in other to buy some stuff for Christmas but everything will be find after Christmas though
2. The hike in transaction fee, delay and stuck of transaction always cause dump in price which is the reason why we see Bitcoin Cash,Eth etc. Looking good acouple of days back.



EDIT : This thread ought to be move to Bitcoin Discussion area.
hero member
Activity: 756
Merit: 500
December 22, 2017, 01:15:52 PM
#13
A combination of the following is the "reasons":

(1) Typical BTC correction (ebb and flow)
(2) TONS of new, experienced, non-battle hardened crypto investors who have never experienced a major BTC correction before selling like morons for little to no gain (or a loss)
(3) Cryptos tend to dip around Christmas every year

Nothing to fret about. Just HODL and buy moar! Wink


Alts are down, I'm gonna buy those.  Cool Cool
better to wait for some time mate, dumped still continuing and good timing is needed for us to benefits much better, while bitcoin
falling down alts are also doing the same really hard to trade this time I'll be waiting for much deeper before buying some eth
and stratis.
sr. member
Activity: 602
Merit: 250
—RUSHMOON — Automatic LP & Yield Farm & AMM on BSC
December 22, 2017, 12:54:50 PM
#12
I think we can buy Bitcoin at that price for and then sell somewhere 13k$ for profit. Bitcoin price will drop more in next few day but we can still get profit will market recover after each blood day.  Grin
full member
Activity: 312
Merit: 106
December 22, 2017, 12:05:34 PM
#11
Definitely like others said. The correction was really needed. Coins are red but Im facilitated. The last months havent been normal.
full member
Activity: 289
Merit: 100
December 22, 2017, 11:14:43 AM
#10
It's about time. This was really needed as the price skyrocketed in a short time. However, this is a perfect time to buy along with other coins.
member
Activity: 210
Merit: 10
The P2P Marketplace For Digital Content
December 22, 2017, 11:05:37 AM
#9
it is really not much surprise to see the drop of bitcoin price, it is unusual to see the price of bitcoin rise more than 40% in few weeks, so this drop will take bitcoin back to where it belongs, so be calm, it may start rising back again in the future.
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