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Topic: Bitcoin have lost more than $100 in a day... (Read 5269 times)

sr. member
Activity: 266
Merit: 250
That was true there was a period where the bitcoin dropped that much that he almost dropped 100 dollar in one day but the next day there came
50 dollar back so it was not very sad but it is never funny when the bitcoin drops.
sr. member
Activity: 434
Merit: 250
It's over $630 now and I fear it may drop even more till halving ends. It's just a test period and we shouldn't actually watch the price but see what has bitcoins gained. There are so many articles now written on bitcoins because of its price and now it's best to hold rather than buy/sell. Just watch where it goes.
To be honest i do not think that it is bad thing if the price is going to drop again because many people are waiting for a cheap price to buy Bitcoin for.
This might be your chance not everybody is able to afford Bitcoins that are worth $700 a piece.
sr. member
Activity: 350
Merit: 250
I didn't loose a single Bitcent. All are still sitting nicely in my wallet.

Some trader-type investors are apparently buying fiat money today. Seems like they expect a huge valuation boost because the Brexit may not happen. I seriously doubt this will be the case.

I admit that I strongly dislike these value comparisons that use fiat money as a base reference. For me, Bitcoin is the reference, because Bitcoin is sound money. I don't care if fiat is traded higher compared to Bitcoin, because I have no intention of ever selling my Bitcoin for fiat. And in the end, inflationary devaluation is a certainty when holding fiat.

ya.ya.yo!
This is not strange because there are a couple ofd people who are just holding their bitcoins and not even spent just one so it is not realy
strange that the price of the bitcoin has dropped allot and i think that there is allot to do with the english people who has bitcoins.
hero member
Activity: 910
Merit: 502
there is no reason for the decline, this is a regular thing and do not panic. it is evident today bitcoin has again increased.
true. This is a normal thing. bitcoin does have such characteristics. bitcoin is designed for unstable. the rise and dramatic fall in a short time is a normal thing. I have experienced many instances of so extraordinary because bitcoin always see movement up and down.
Yes, that is the feature of bitcoin and because of this feature a lot of traders attract to that currency a they earn a lot of money with that rise and drop of the price, everyone should have to learn about trade and then they will also love that rise and fall.
legendary
Activity: 3248
Merit: 1070
I'm traveling this week and catching up on the news at the airport. The brexit happened?! WTF did you blokes do? Oh well, good for BTC at least. Now if we have a nexit, and swexit will be a hell of a year.

this is why all those thing are not neherent to the recent increase, if bitcoin each time it need to move up we need a fiat scandal, we are screwed, and bitcoin failed
legendary
Activity: 2170
Merit: 1427
It's over $630 now and I fear it may drop even more till halving ends. It's just a test period and we shouldn't actually watch the price but see what has bitcoins gained. There are so many articles now written on bitcoins because of its price and now it's best to hold rather than buy/sell. Just watch where it goes.

I think whales are looking to keep the price down a few more days to make people sell their coins at current rates. Once the whales are happy with the number of coins that they accumulated, they will most likely create another pump. Just have a few more days patience.
Yes, patience is definitely needed during times like these. I am waiting for a last minute pullback and I would surely take advantage once an opportunity presents itself. Anything below $580 is a buy for me. Let's see how things turn out once we are just a few days away from halving.

580 dollars seems to be a bargain considering the potential. Just a week ago we were at the 780 mark.
But for me it is a risk too, since i expect a massive dump after the halving.

I think a lot people start to realize that a dump will happen after the block halving, which might be a reason for them to wait before buying at these prices. And a lot newer Bitcoiners don't even know what the halving is and does, so it gives them even more stress as they don't know what to expect.
sr. member
Activity: 462
Merit: 250
It's over $630 now and I fear it may drop even more till halving ends. It's just a test period and we shouldn't actually watch the price but see what has bitcoins gained. There are so many articles now written on bitcoins because of its price and now it's best to hold rather than buy/sell. Just watch where it goes.

I think whales are looking to keep the price down a few more days to make people sell their coins at current rates. Once the whales are happy with the number of coins that they accumulated, they will most likely create another pump. Just have a few more days patience.
Yes, patience is definitely needed during times like these. I am waiting for a last minute pullback and I would surely take advantage once an opportunity presents itself. Anything below $580 is a buy for me. Let's see how things turn out once we are just a few days away from halving.

580 dollars seems to be a bargain considering the potential. Just a week ago we were at the 780 mark.
But for me it is a risk too, since i expect a massive dump after the halving.
hero member
Activity: 518
Merit: 500
It's over $630 now and I fear it may drop even more till halving ends. It's just a test period and we shouldn't actually watch the price but see what has bitcoins gained. There are so many articles now written on bitcoins because of its price and now it's best to hold rather than buy/sell. Just watch where it goes.

I think whales are looking to keep the price down a few more days to make people sell their coins at current rates. Once the whales are happy with the number of coins that they accumulated, they will most likely create another pump. Just have a few more days patience.
Yes, patience is definitely needed during times like these. I am waiting for a last minute pullback and I would surely take advantage once an opportunity presents itself. Anything below $580 is a buy for me. Let's see how things turn out once we are just a few days away from halving.
legendary
Activity: 3066
Merit: 1147
The revolution will be monetized!
I'm traveling this week and catching up on the news at the airport. The brexit happened?! WTF did you blokes do? Oh well, good for BTC at least. Now if we have a nexit, and swexit will be a hell of a year.
legendary
Activity: 2338
Merit: 1130
I'm hardly a whale, but I'm buying.

I think it will go over $1000 in the next 2 weeks, and then there will be a big sell-off.

Just my 2 satoshis.

BTC
legendary
Activity: 1232
Merit: 1091
It's over $630 now and I fear it may drop even more till halving ends. It's just a test period and we shouldn't actually watch the price but see what has bitcoins gained. There are so many articles now written on bitcoins because of its price and now it's best to hold rather than buy/sell. Just watch where it goes.

I think whales are looking to keep the price down a few more days to make people sell their coins at current rates. Once the whales are happy with the number of coins that they accumulated, they will most likely create another pump. Just have a few more days patience.
sr. member
Activity: 504
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
there is no reason for the decline, this is a regular thing and do not panic. it is evident today bitcoin has again increased.
though there is no reason for it to grow too, in my opinion the price will bounce back though anything might happen

there is, the value must grow or miner are fucked, and more usage from average joe bring more value, on the other hand there is zero reason for it to fall, and no buying cheap coin isn't a reason...
thats true, it would be really bad if bitcoin price wouldnt grow before and after the halving as it would be not profitable for most of the miners to mine bitcoins im pretty sure that would destroy bitcoin

the price is not falling so fast any more to be honest and i really hope that it will show only upward trend from now on because it would surely attract many people to bitcoin then
legendary
Activity: 1442
Merit: 1025
It's over $630 now and I fear it may drop even more till halving ends. It's just a test period and we shouldn't actually watch the price but see what has bitcoins gained. There are so many articles now written on bitcoins because of its price and now it's best to hold rather than buy/sell. Just watch where it goes.
legendary
Activity: 3248
Merit: 1070
there is no reason for the decline, this is a regular thing and do not panic. it is evident today bitcoin has again increased.
though there is no reason for it to grow too, in my opinion the price will bounce back though anything might happen

there is, the value must grow or miner are fucked, and more usage from average joe bring more value, on the other hand there is zero reason for it to fall, and no buying cheap coin isn't a reason...
hero member
Activity: 1134
Merit: 515
there is no reason for the decline, this is a regular thing and do not panic. it is evident today bitcoin has again increased.
Yes, in currency we can expect things like that, now bitcoin is a currency which is supported and used by a number of large companies, so we do not have to fear when the price of it comes down and have to wait for the rise again.
hero member
Activity: 952
Merit: 1000
there is no reason for the decline, this is a regular thing and do not panic. it is evident today bitcoin has again increased.
true. This is a normal thing. bitcoin does have such characteristics. bitcoin is designed for unstable. the rise and dramatic fall in a short time is a normal thing. I have experienced many instances of so extraordinary because bitcoin always see movement up and down.
Yes, bitcoin is unstable and it will remain unstable unless all of the coins are mined and all of the people around the world adopt and start to use it, but even after that the price will not stable but will rise continuously, the good thing at that time will be that none of the drop will occur.

I don't think bitcoin can ever get rid of price volatility it will always follow it even in future, so you can never expect stable price in bitcoin even if is used more by people.
sr. member
Activity: 296
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
there is no reason for the decline, this is a regular thing and do not panic. it is evident today bitcoin has again increased.
though there is no reason for it to grow too, in my opinion the price will bounce back though anything might happen
legendary
Activity: 1288
Merit: 1036
there is no reason for the decline, this is a regular thing and do not panic. it is evident today bitcoin has again increased.
true. This is a normal thing. bitcoin does have such characteristics. bitcoin is designed for unstable. the rise and dramatic fall in a short time is a normal thing. I have experienced many instances of so extraordinary because bitcoin always see movement up and down.
Yes, bitcoin is unstable and it will remain unstable unless all of the coins are mined and all of the people around the world adopt and start to use it, but even after that the price will not stable but will rise continuously, the good thing at that time will be that none of the drop will occur.
legendary
Activity: 1232
Merit: 1000
With Bitcoin, people should not be surprised by $100 gains (Or $100 losses).
It is all part of the game. Strengthen your hands to take such volatility.
hero member
Activity: 966
Merit: 507
Actually the bitcoin price has been so volatile these last weeks that it seems to exclusively follow pure speculation. In fact I had never observed a direct relation between global market trends and the bitcoin behavior, which seems to have a very particular and independent behavior.
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