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Topic: Bitcoin have lost more than $100 in a day... - page 4. (Read 5262 times)

legendary
Activity: 2324
Merit: 1130
$590?

It's selling for $590 on Coinbase, ATM.

Last time I bought at $590, it was $599 ten minutes later, then $600..$700... almost $800 within a week ... and I spent some on foodler.com @ $770.   Cheesy

So I'm buying again today.   Smiley

What a ride............
uki
legendary
Activity: 1358
Merit: 1000
cryptojunk bag holder
The price on BTC-e is $614 as we speak. Any reason for this?
No reason. Same, as there was no reason for the recent rises. It is all speculative pumping and dumping. NO real reasons or explanation of such price action.
well yeah, there might be no real reason for the price to go up a lot but i think that doesnt mean it should fall

i think bitcoin is definitely going to recover pretty soon and make us a lot of money with a new growth
see you at around $500. We may talk about the recovery from there.
sr. member
Activity: 434
Merit: 250
There are high chances its heading back down from one of those levels though, most likely, but anything is possible of course and the uptrend is a strong one, so be careful (long term uptrend) sellers already stepping in and rejecting higher prices, buyers stronger tho still so far, gonna be surprised if they can take it much higher made it right through 675, looking pretty strong so far;starting to look like it may be a reversal, but still needs to get above 690 resistance area


I see the downtrend has already started. Which means forget 100 dollar, it will go much lower then 100 dollar. I don't expect it to go to 350 but yes nobody knows and anything can happen.
The only thing we should be careful now is to not fall into panic selling.
full member
Activity: 224
Merit: 100
There are high chances its heading back down from one of those levels though, most likely, but anything is possible of course and the uptrend is a strong one, so be careful (long term uptrend) sellers already stepping in and rejecting higher prices, buyers stronger tho still so far, gonna be surprised if they can take it much higher made it right through 675, looking pretty strong so far;starting to look like it may be a reversal, but still needs to get above 690 resistance area
legendary
Activity: 2324
Merit: 1130
Yup!

Bitcoin actually depends upon "volatility."

That's not a bad thing.

It's like a pulse, or the ebb & flow of the tide;  otherwise all you have is stagnation.

The thing is, we can truly expect some more big movement as word of the  BTC halving gets around....

It started even sooner than I expected.

I've been buying small amounts weekly all year at $400-$500 & once at $590   Grin

Like everyone else here, wishing I could afford to buy more during this dip.
sr. member
Activity: 336
Merit: 250
Bravity is beautiful.
Yes the bitcoin has lost more than 100 dollar in a day but its getting back up so we do not have to worry about that in my opinion.
Its that we need to have some patient for it.
full member
Activity: 126
Merit: 100
Its a normal thing,it is very similar to what happened when bitcoin price jump from 480 to 580 in just 2 days..
Maybe bitcoin will be back on the right track on its upward trend this weekends.
legendary
Activity: 2632
Merit: 1023
its actually good to have a down like this rather than quasi parabolic up for longer
sr. member
Activity: 447
Merit: 250
The price on BTC-e is $614 as we speak. Any reason for this?
No reason. Same, as there was no reason for the recent rises. It is all speculative pumping and dumping. NO real reasons or explanation of such price action.
well yeah, there might be no real reason for the price to go up a lot but i think that doesnt mean it should fall

i think bitcoin is definitely going to recover pretty soon and make us a lot of money with a new growth
uki
legendary
Activity: 1358
Merit: 1000
cryptojunk bag holder
The price on BTC-e is $614 as we speak. Any reason for this?
No reason. Same, as there was no reason for the recent rises. It is all speculative pumping and dumping. NO real reasons or explanation of such price action.
legendary
Activity: 2170
Merit: 1427
It's a perfect day for day traders dreaming of such volatility. It is however not that nice for people who bought themselves some coins above the $700 level previously. Let's just hope this was the worst part of the correction and that it will go up from here.
legendary
Activity: 1470
Merit: 1001
I don't see this correction, as a big problem, before that 100$ down, bitcoin price scaled from 400$ to 750$. Now 650$ looks as an small correction, traders could take some profits, and others will buy at this level expecting more increasings.
legendary
Activity: 1456
Merit: 1002
This is totally a buy back in day.

To anyone who missed out prior before it rises again towards $800 I say this is a good bargain.

Prices can go back and I wouldnt heavily rely on btc-e to dictate the price. I would look at bitstamp and the chinese exchange more.
legendary
Activity: 2156
Merit: 1018
Buzz App - Spin wheel, farm rewards
Yup, today is a good day to buy. 

I feel like a moron for not taking my own advice on Friday and buying coins way higher than I should. But not panicking yet, as I think 800 is more likely than 600 in two weeks.  Enough time for gains for my shirt to re-threaded and recomposed.
full member
Activity: 210
Merit: 100
Today is trend down for bitcoin and it is not problem the price is always fluctuating. It is chance to take profit  Grin
legendary
Activity: 896
Merit: 1000
The price on BTC-e is $614 as we speak. Any reason for this?
I don't see any reason for this panic dump, people may have thought bitfinex will have same issue like cryptsy or mtgox and start dumping whatever coin they have. This price could be good point to buy back as we may see 100$ pump tomorrow again to go over 800$. Wink

people nowadays are very sensitive when it comes to exchanges going down. they directly start thinking negative and start dumping as result. bitfinex is up and running again. i think we'll definitely get to see a good pump before the block halving. chances to see $1000 prices before the block halving have gone down, but even reaching $800 would make a lot people happy.
legendary
Activity: 2436
Merit: 1561
I also think that the price drop has to do with the upcoming britain leaving europe possibility.


How would that be related? I could find arguments for brexit to drive BTC price up not down.

Upcoming is the referendum, which is non-binding anyway. Even if 'Leave' wins, the exit wouldn't happen any time soon.
hero member
Activity: 868
Merit: 1000
The price on BTC-e is $614 as we speak. Any reason for this?
I don't see any reason for this panic dump, people may have thought bitfinex will have same issue like cryptsy or mtgox and start dumping whatever coin they have. This price could be good point to buy back as we may see 100$ pump tomorrow again to go over 800$. Wink

Yes and I am eagerly waiting to see the price of $800 so I can sell some coins and collect some good profits from it, but I think it will take some more time to reach there.
legendary
Activity: 994
Merit: 1000
The price on BTC-e is $614 as we speak. Any reason for this?
I don't see any reason for this panic dump, people may have thought bitfinex will have same issue like cryptsy or mtgox and start dumping whatever coin they have. This price could be good point to buy back as we may see 100$ pump tomorrow again to go over 800$. Wink
hero member
Activity: 575
Merit: 500
It is only a short time drop and I sure that within a week or two we will see again a faster rise in the price of bitcoin and once again the train will start and we all will be benefited with the profit of halving.
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