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Topic: Bitcoin has dropped 1000 USD today13 December 2017 (Read 599 times)

sr. member
Activity: 476
Merit: 256
don't worry. Bitcoin price has fluctuated sharply in recent days. because the price rises too fast and strong so we need to have the appropriate price adjustment. and today the price of Bitcoin has jumped back, this makes me not worry about the price decrease in the previous days

sr. member
Activity: 882
Merit: 282
hi , is there something to be worried about here since Bitcoin has dropped 1000 USD today , very scary
I did not see this but thank God Bitcoin is now above  $17,500. The recent upward movement is a plus to bitcoin and I think we should hope that bitcoin hit  $20,000 before 31st of this December. I think the corrections we are going to  have is going to be a light one and price may not get back to  $15,000 again before end of this year. Bitcoin making a corrections should be something we should expect as that empowering it to gather a momentums for future movement.
member
Activity: 102
Merit: 10
hi , is there something to be worried about here since Bitcoin has dropped 1000 USD today , very scary

doping 1000$  must be like correction because price now about 16,000$ and this less than 20% or even 30%

why we all see bitcoin will rising up all time and never bacd down or correction.
sr. member
Activity: 1988
Merit: 283
today price bitcoin increase again, that's a good news right? just keep hold your bitcoin and don't panic selling.. rising and falling bitcoin prices are common, so don't panic and don't scared.. keep optimist bitcoin will reach $ 20K until the end of year..
perhaps that is a good news to everyone. And that's right we need to hold and dont sell early cause this is not the right time sell anf as we noticed  bitcoin still fighting to surge maybe soon it will jump again to 18k before year end.  Unless if there's new correction again to stop bitcoin .but im hoping that it will never happened again.  Instead it wil continue to increase. 
full member
Activity: 490
Merit: 100
today price bitcoin increase again, that's a good news right? just keep hold your bitcoin and don't panic selling.. rising and falling bitcoin prices are common, so don't panic and don't scared.. keep optimist bitcoin will reach $ 20K until the end of year..
sr. member
Activity: 281
Merit: 250
Bitcoin has dropped by more than $1,000 in the space of 24 hours in the past. Heck, BTC has both risen and dropped by amounts greater than that. BTC isn't predictable and the recent price swings have shown this. Don't take the change as a big indicator. It's way too early to tell anything.

Never lose time with bitcoin drops and price decrease. It will dominate the whole structure forever. Try to find promising altcoins which will bring you nice return in short term.
full member
Activity: 266
Merit: 151
First crypto index traded as a token!
Nobody here worries about this small drop of just $1000. It's a normal thing, happens all the time. With even bigger swings. But as a matter of fact, we see some stabilisation. After the CME launch of bitcoin futures next week, there might be a rise. Then after a week or 2, a correction will follow. The price has gone up too fast, that's only because big investors pumped like crazy. Soon they will cash out, that's when we should be worried.
member
Activity: 98
Merit: 10
hi , is there something to be worried about here since Bitcoin has dropped 1000 USD today , very scary

bitcoin increase more than 8,000$ not dropped 1000 USD
it is few hope to down more
legendary
Activity: 3066
Merit: 1348
Bitcoin has dropped by more than $1,000 in the space of 24 hours in the past. Heck, BTC has both risen and dropped by amounts greater than that. BTC isn't predictable and the recent price swings have shown this. Don't take the change as a big indicator. It's way too early to tell anything.
full member
Activity: 350
Merit: 106
Bitcoin is very volatile asset and there are many rapid ups and downs. If these kinds of move are scary you, It may be the case that bitcoin is not an appropriate asset for your character. When you hold BTC you have to be ready to bear huge loses. 
member
Activity: 182
Merit: 10
hi , is there something to be worried about here since Bitcoin has dropped 1000 USD today , very scary

Here comes the drop. There is nothing to worry about, just chill. Think it is a blessing in disguise since bitcoin is giving us the opportunity to buy before it pumps so high and so fast again.
legendary
Activity: 1526
Merit: 1179
That's exactly what makes me wondering as these kind of price pump and dump is common with crypto coins but why do these users lose their mind with a simple price pump as bitcoin has surged for more than 100% in last couple of months but worried about just a dump of 10% which is jut temporary
The reason for people to start panicking is that they didn't buy at previous levels, but just at the recent peak. From there they don't care about how much Bitcoin has gone up in value prior to their buying moment.

The only important thing for them is how the market moves once they finally bought Bitcoin, which is at peak levels mostly. If the market starts dropping, they fear that they will lose more, and for that reason start selling.

It's an attempt for them to prevent even higher losses, but they always buy back in once the price has gone back up again, which only results in them ending up with a lower number of coins ~ buy high sell low is destructive.
hero member
Activity: 826
Merit: 501
Nothing to worry about. Since the price is so high it has become "normal" that the price drops or rises a thousand of dollars or even more is not that dramatic. So that is no reason for panic but the great ground for trading,,especialy on daily basis and to make nice profit. Always look at the price dumps as opportunity to make more money in the future.
There's no significant issues that creates panic right now because we are now experiencing a normal fluctuations trend, and I think it has been stabilized at $17k to $18k. That's why the profit isn't just nice but more than it can be describe as brilliant, and the long term holders now been looking after how they will dump 40% of their investments.  But not the total of the profit being capitalized from their fiat savings being converted to btc, well that's a clever idea about spending what is left after saving.
sr. member
Activity: 644
Merit: 252
hi , is there something to be worried about here since Bitcoin has dropped 1000 USD today , very scary

Because of the fork yesterday, I already expected that bitcoin price will drop. I am not monitoring bitcoin price since last week, but after reading your post I am not surprised at all. Like of what everybody believe, I also believe that the drop is normal. Drop is not only for any other crypto currencies out there but also for bitcoin. It is possible because the price of bitcoin is not fix at all.  The only impossible is, if that bitcoin will only pump and will not drop. So I think you or we do not need to be scary, and no need to worry. Let us just ignore this thing because sooner or later it will recover and pump again.
full member
Activity: 518
Merit: 103
I think this will depend on how we are as investors, if you are so happy if you see the value of your bitcoin going up around 10 folds, but will be worried with a drop of 1000 usd, i think bitcoin may not be the right investment for you, bitcoin's value is a record high, not all assets or currencies had attained a value like what we are seeing wih bitcoin right now, people who are new to bitcoin needs more learning experience and realize that a drop of 1000 usd will be a normal thing in the upcoming months, since bitcoin is highly volatile, they may need to increase their knowledge and not just go with the trend.
sr. member
Activity: 623
Merit: 262
When worried about such drops all you should do is zoom out the chart and look at the bigger picture. Then you'll understand that there's nothing to be afraid of, it's normal for all crypto currencies to do so.

That's exactly what makes me wondering as these kind of price pump and dump is common with crypto coins but why do these users lose their mind with a simple price pump as bitcoin has surged for more than 100% in last couple of months but worried about just a dump of 10% which is jut temporary and there are panic sellers and panic creators instead of focussing on these kind of dumps we should look at a broader picture as you said like whenever there is a dump it is followed by a pump.
member
Activity: 198
Merit: 10
When worried about such drops all you should do is zoom out the chart and look at the bigger picture. Then you'll understand that there's nothing to be afraid of, it's normal for all crypto currencies to do so.
legendary
Activity: 2912
Merit: 1068
WOLF.BET - Provably Fair Crypto Casino
Nothing to worry about. Since the price is so high it has become "normal" that the price drops or rises a thousand of dollars or even more is not that dramatic. So that is no reason for panic but the great ground for trading,,especialy on daily basis and to make nice profit. Always look at the price dumps as opportunity to make more money in the future.
hero member
Activity: 1666
Merit: 753
hi , is there something to be worried about here since Bitcoin has dropped 1000 USD today , very scary

No idea what the reason is. Probably just panic dumpers dumping their coin because they haven't seen profit for a few days now or profit takers wanting to make money and pull out their investment from bitcoin because it rose so fast.

Either way, i'm holding for now. $20k is going to happen soon and it's just a bad idea to dump this soon i think.

A $1k dump is actually only around 6% right now which isn't that big of a deal honestly, especially for cryptos since they are just so volatile. No need to panic at all.
newbie
Activity: 27
Merit: 0
If only the crazy bitcoin up, in fact, more than a short period of decline even more horrible
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