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Topic: Bitcoin have just dropped $20 in less than an hour. What happened ? - page 2. (Read 1369 times)

hero member
Activity: 2870
Merit: 574
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maybe its just normal condition in the market and we know this, i hope the price will be back soon and will increase than before. better you don't have to get panic selling too because its not good for you and i think you can wait for a little time to see the price will be back in the right path.
hero member
Activity: 770
Merit: 500
You're a Hero Member, what have you been doing the entire time you've been here?

Good question! Is he trolling or did he buy account? No way, hero member didint expirience things like this before. It's not like hes here for few days or something like that....
why do people like to judge someone like that? I have just asked a question and you guy only discuss about my experience. Honestly, I want to ask because in a few day ago Bitcoin is so stable and it only really makes me confused why in less than 45' Bitcoin price drop 20$.
hero member
Activity: 1568
Merit: 544
With every price rise there are some new miljonairs born in dollars and those need to cash out.
legendary
Activity: 1260
Merit: 1029
You're a Hero Member, what have you been doing the entire time you've been here?

Good question! Is he trolling or did he buy account? No way, hero member didint expirience things like this before. It's not like hes here for few days or something like that....
hero member
Activity: 1106
Merit: 521
I have gone for business in about 45 minutes and  1BTC = $870. When I came back home and check the bitcoin prices, It dropped to $850. What just happened ? Can anyone tell me ? I have checked the cointelegraph and coindesk and still no result.

Relax mate, $20 dollar drops are nothing in bitcoin.... Wink dont sit and watch the screen all day, store your bitcoin safely and everything will be fine, come back in the new year to see record highs.......  Grin
legendary
Activity: 1218
Merit: 1006
I have gone for business in about 45 minutes and  1BTC = $870. When I came back home and check the bitcoin prices, It dropped to $850. What just happened ? Can anyone tell me ? I have checked the cointelegraph and coindesk and still no result.
There is nothing much to discuss on $20-$30 price dump or pump, price was pumping really hard in last few days and it is quite normal to see some correction after huge pump. Price may get some correction before we see another price pump.

Better to Hold tight whatever you have.
legendary
Activity: 1596
Merit: 1011
prices have increased very high. I think this is normal. because the movement of the current bitcoin always dominated the rise. while to decrease very rarely.
legendary
Activity: 1134
Merit: 1010
BTC to the moon is inevitable...
I have gone for business in about 45 minutes and  1BTC = $870. When I came back home and check the bitcoin prices, It dropped to $850. What just happened ? Can anyone tell me ? I have checked the cointelegraph and coindesk and still no result.

first of all you should re-think your topic subject because it is wrong. you are looking at it the wrong way. price has gone up nearly $75 in the past 24 hours and now it has come down $17

and if you look at the charts it has always been like this, when price goes up there is a little back-track because people sell and price has to see a correction.

in short nothing out of the ordinary.
legendary
Activity: 3556
Merit: 9709
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I have gone for business in about 45 minutes and  1BTC = $870. When I came back home and check the bitcoin prices, It dropped to $850. What just happened ? Can anyone tell me ? I have checked the cointelegraph and coindesk and still no result.

You're a Hero Member, what have you been doing the entire time you've been here? $20 swings either way don't mean much.
In this case we've gone up quite a lot in a short amount of time so people are taking profits & selling hence the drop.

Nothing new here.
hero member
Activity: 1918
Merit: 564
Someone sold more than there was buy orders and price dropped untill all was sold. Now price is going up as people are taking opportunity and buying cheaper coins.

Yes it is normal to see things like this, someone needs to cash out to book a profit.  This is called trading, and now what, people are enjoying the cheaper coins from those who dump coins (exiting and taking profit) pushing the price downward.  Then price will slowly go up again because the dump coins is now being consumed by people getting in before the next price increase.
legendary
Activity: 1260
Merit: 1029
Someone sold more than there was buy orders and price dropped untill all was sold. Now price is going up as people are taking opportunity and buying cheaper coins.
hero member
Activity: 770
Merit: 500
I have gone for business in about 45 minutes and  1BTC = $870. When I came back home and check the bitcoin prices, It dropped to $850. What just happened ? Can anyone tell me ? I have checked the cointelegraph and coindesk and still no result.
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