Bitcoin Is Falling Down? | Bitcointalksearch.org

jvdp

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Quote from: yakushev on September 25, 2017, 08:55:41 AM

Quote from: SamsungBitcoin on September 25, 2017, 08:36:50 AM

Quote from: NoNetwork on September 25, 2017, 08:14:41 AM

Quote from: taxmanmt5 on September 20, 2017, 10:08:24 PM

When did you post this because it is nowhere near Polly? I've seen these Post in these threads all week long and the fact is that there are very small discrepancies and very small drops there's nothing anywhere near what would what would be considered a drop. I don't know where everybody's getting their information from because it is holding steady at 4,000 with very small drops.

Well Bitcoin didn't have such discrepancy the last few months since the last Fork/Segwit. I mean yeah I also think that it is not kinda of thing that can be considered as a 'drop' but hey, the banning of China did cause a ripple effect in the price for the past few weeks. But then again it is not a major problem, though I also think that it made the progress of rising the Bitcoin's price resulted a halt, we it drags a little of it if you know what I mean.

But as we can see after the news that china start banning some of crypto currency exchange the value of bitcoin start to dump because lots of big investors not only in china even in other country start to withdraw their fund before the dump that is why i think that was the major reason why value of bitcoin experience the huge dump last week.

There are many analysts who are sure that the dump was provoked by whales, who simply decided to buy themselves coins at a low price. In the future, the cost of bitcoin will be very difficult to keep

In China, some trading are block by government. They thought bitcoin will replace their own currency. But and they found It's not all possible.Also there are lots of Investors are in China. Even though they stop trading, still the price of bitcoin is remain the same.The price is not goes lower than 3500$.

yakushev

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Quote from: SamsungBitcoin on September 25, 2017, 08:36:50 AM

Quote from: NoNetwork on September 25, 2017, 08:14:41 AM

Quote from: taxmanmt5 on September 20, 2017, 10:08:24 PM

When did you post this because it is nowhere near Polly? I've seen these Post in these threads all week long and the fact is that there are very small discrepancies and very small drops there's nothing anywhere near what would what would be considered a drop. I don't know where everybody's getting their information from because it is holding steady at 4,000 with very small drops.

Well Bitcoin didn't have such discrepancy the last few months since the last Fork/Segwit. I mean yeah I also think that it is not kinda of thing that can be considered as a 'drop' but hey, the banning of China did cause a ripple effect in the price for the past few weeks. But then again it is not a major problem, though I also think that it made the progress of rising the Bitcoin's price resulted a halt, we it drags a little of it if you know what I mean.

But as we can see after the news that china start banning some of crypto currency exchange the value of bitcoin start to dump because lots of big investors not only in china even in other country start to withdraw their fund before the dump that is why i think that was the major reason why value of bitcoin experience the huge dump last week.

There are many analysts who are sure that the dump was provoked by whales, who simply decided to buy themselves coins at a low price. In the future, the cost of bitcoin will be very difficult to keep

SamsungBitcoin

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Quote from: NoNetwork on September 25, 2017, 08:14:41 AM

Quote from: taxmanmt5 on September 20, 2017, 10:08:24 PM

When did you post this because it is nowhere near Polly? I've seen these Post in these threads all week long and the fact is that there are very small discrepancies and very small drops there's nothing anywhere near what would what would be considered a drop. I don't know where everybody's getting their information from because it is holding steady at 4,000 with very small drops.

Well Bitcoin didn't have such discrepancy the last few months since the last Fork/Segwit. I mean yeah I also think that it is not kinda of thing that can be considered as a 'drop' but hey, the banning of China did cause a ripple effect in the price for the past few weeks. But then again it is not a major problem, though I also think that it made the progress of rising the Bitcoin's price resulted a halt, we it drags a little of it if you know what I mean.

But as we can see after the news that china start banning some of crypto currency exchange the value of bitcoin start to dump because lots of big investors not only in china even in other country start to withdraw their fund before the dump that is why i think that was the major reason why value of bitcoin experience the huge dump last week.

NoNetwork

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Quote from: taxmanmt5 on September 20, 2017, 10:08:24 PM

When did you post this because it is nowhere near Polly? I've seen these Post in these threads all week long and the fact is that there are very small discrepancies and very small drops there's nothing anywhere near what would what would be considered a drop. I don't know where everybody's getting their information from because it is holding steady at 4,000 with very small drops.

Well Bitcoin didn't have such discrepancy the last few months since the last Fork/Segwit. I mean yeah I also think that it is not kinda of thing that can be considered as a 'drop' but hey, the banning of China did cause a ripple effect in the price for the past few weeks. But then again it is not a major problem, though I also think that it made the progress of rising the Bitcoin's price resulted a halt, we it drags a little of it if you know what I mean.

rhamzter

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Quote from: Kidmat on September 25, 2017, 05:52:18 AM

Quote from: _Legendary_ on September 25, 2017, 05:21:06 AM

I'm sure this is only a momentary panic, this is because the issue of china banned bitcoin so as to make the price drop, in October everything will be back to normal because the issue of banned china or not and I sure will nothing happen.

This is happen many times bitcoin falling down or fluctuates daily. But I am confident this will survive and it will recover. Yes probably because of the China issues but lets observe the movement of bitcoin.

Agree, it happened every year and seems bitcoin was not affected regarding that situation. Since bitcoin is always recovered after deep and after this fall down bitcoin valued was become more expensive than the previous. Obviously that fall down of bitcoin value is part of their strategy, maybe this is their way to encourage more investors to put investment into bitcoin society.

Kidmat

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Quote from: _Legendary_ on September 25, 2017, 05:21:06 AM

I'm sure this is only a momentary panic, this is because the issue of china banned bitcoin so as to make the price drop, in October everything will be back to normal because the issue of banned china or not and I sure will nothing happen.

This is happen many times bitcoin falling down or fluctuates daily. But I am confident this will survive and it will recover. Yes probably because of the China issues but lets observe the movement of bitcoin.

zeze18

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Quote from: SushiMonster on September 25, 2017, 03:44:57 AM

Quote from: iamTom123 on September 13, 2017, 12:34:34 AM

Bitcoin is falling down...falling down...falling down...where is my fair lady? Whoah...Bitcoin is having a carnage right after undergoing some bloodbath for some days last week. This time around it officially entered the area below the $4,000 mark and can get down to as low as $3,500 soon.

I am not really sure what can be the catalysts for this fast dumping but I think it has something to do with the rumor that eventually China will also be banning the operation of Bitcoin exchanges all over the country. As many parts of the world are battered by many natural disasters, Bitcoin is being massacred by bad news emitted by China.

How do you feel about this downturn?

I think the price drop will go until late October - well this is a good time to buy some bitcoin, I hope by next year the price will rise again - Hoping it will hit $5000 mark next year.

I think the current bitcoin price is pretty good at $ 3700- $ 3900, it's now a good time to buy bitcoin as an investment in the future because it seems like the next few years bitcoin prices will soar may reach $ 6000 next year

_Legendary_

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I'm sure this is only a momentary panic, this is because the issue of china banned bitcoin so as to make the price drop, in October everything will be back to normal because the issue of banned china or not and I sure will nothing happen.

SushiMonster

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I'm going to eat your cookies

Quote from: iamTom123 on September 13, 2017, 12:34:34 AM

Bitcoin is falling down...falling down...falling down...where is my fair lady? Whoah...Bitcoin is having a carnage right after undergoing some bloodbath for some days last week. This time around it officially entered the area below the $4,000 mark and can get down to as low as $3,500 soon.

I am not really sure what can be the catalysts for this fast dumping but I think it has something to do with the rumor that eventually China will also be banning the operation of Bitcoin exchanges all over the country. As many parts of the world are battered by many natural disasters, Bitcoin is being massacred by bad news emitted by China.

How do you feel about this downturn?

I think the price drop will go until late October - well this is a good time to buy some bitcoin, I hope by next year the price will rise again - Hoping it will hit $5000 mark next year.

john2231

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You guys have different theory and i think that is why the price of bitcoin was fall i think it is a normal that we are seeing the price was decreasing these days.. There is a bull trap maybe that is why we are seeing price drop..
But i think it will not keep dropping instead we will see more price increase after clarification from banning bitcoin in china forget by many people.. Honestly ban bitcoin in china is not a real problem here if bitcoin was ban in china well that's good honestly we will be safe because there is a big influence in china buying bitcoin i think it will not happen again so that we will see slow and normal movement of the price of bitcoin..

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Quote from: BitHodler on September 21, 2017, 06:31:52 PM

Quote from: coolstory on September 21, 2017, 05:38:54 PM

Every time when the bitcoin price declined dramaticallay, it saw another all time high price after that decline. So we can easily expect $5000 soon for bitcoin's price.

It's because there need to be a correction to allow people to cash out their profits, but at the same time attract capital to enter the market. Nothing in the world increases in one straight line.

People here shouldn't forget that a lot investors are very short term minded, and thus are guaranteed to cash out their profits after a while. Funny thing is that these people quite often end up re-entering the market at a premium.

Bitcoin has been growing in value constantly, and if we look at people who thought to had a good deal by cashing out at $2000, they can't be anything but disappointed in themselves for doing so ~ Bitcoin doesn't wait for anyone.

If you sold too early, you either wait for the price to fall down, which might not even happen, or you buy back at higher levels ~ everything has a risk involved, but the latter mentioned is the best option, long term speaking.

Interesting view. Bitcoin can lose price like now to attract more people to start investing in Bitcoins, especially those investing for the first time, giving them a chance to buy cheap and hold for future profit.

Who is buying or holding and expecting profit on short term is doing it wrongly. Bitcoin is an investment for who doesn't have a deadline to cashout, it's for people who wants to invest and forget about it for a while and come back later without worries.

bitcoindusts

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Bitcoin is still falling down right after the recovery from the previous dip. I do not know what caused the dip now though I think the support had already exhausted making Bitcoin price to go down below $4000 again. I think it will continue to fluctuate this way until the market is clear of this Chinese FUD. Sad we have to wait another month to see the real effect of closure of exchanges in China.

error08

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Bitcoiners eyes all over the world are on China govs, people are getting ready to dump their bitcoin again just in case China regulators completely ban bitcoin, including mining pools. Current price keep declining since few hours ago, not sure why but maybe it will continue to drop.
It's inevitable how the market react according to China regulation about bitcoin, since there are more good news about bitcoin development in Japan and Russia.

GreatArkansas

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It is falling down. Because of some news and China dramas. It's really really sad, bitcoin is decentralized but on this situation it makes not decentralized anymore. Huh

BitHodler

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Quote from: coolstory on September 21, 2017, 05:38:54 PM

Every time when the bitcoin price declined dramaticallay, it saw another all time high price after that decline. So we can easily expect $5000 soon for bitcoin's price.

It's because there need to be a correction to allow people to cash out their profits, but at the same time attract capital to enter the market. Nothing in the world increases in one straight line.

People here shouldn't forget that a lot investors are very short term minded, and thus are guaranteed to cash out their profits after a while. Funny thing is that these people quite often end up re-entering the market at a premium.

Bitcoin has been growing in value constantly, and if we look at people who thought to had a good deal by cashing out at $2000, they can't be anything but disappointed in themselves for doing so ~ Bitcoin doesn't wait for anyone.

If you sold too early, you either wait for the price to fall down, which might not even happen, or you buy back at higher levels ~ everything has a risk involved, but the latter mentioned is the best option, long term speaking.

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Quote from: zulkarnaen on September 21, 2017, 05:37:04 PM

I guess about the ups and downs of prices on bitcoin is already a part of
Bitcoin system, certainly some parties use it as an opportunity to gain profit, and although the last few weeks bitcoin prices had dropped but I'm optimistic if bitcoin prices will continue to increase again because bitcoin has good market as profitable business.

Agree, sometimes it is part of bitcoin system but there were instances that bitcoin value was fall down due to unpredictable problem that experience of crypto currency. However, I believe that after this bitcoin fall down it was increase again, all we need is to wait and be patience.

coolstory

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Quote from: zulkarnaen on September 21, 2017, 05:37:04 PM

I guess about the ups and downs of prices on bitcoin is already a part of
Bitcoin system, certainly some parties use it as an opportunity to gain profit, and although the last few weeks bitcoin prices had dropped but I'm optimistic if bitcoin prices will continue to increase again because bitcoin has good market as profitable business.

Every time when the bitcoin price declined dramaticallay, it saw another all time high price after that decline. So we can easily expect $5000 soon for bitcoin's price. And $400 for ethereum.

zulkarnaen

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I guess about the ups and downs of prices on bitcoin is already a part of
Bitcoin system, certainly some parties use it as an opportunity to gain profit, and although the last few weeks bitcoin prices had dropped but I'm optimistic if bitcoin prices will continue to increase again because bitcoin has good market as profitable business.

ericson

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It was because of that china issues because of them bitcoin has gone dow by a 10% in weeks but not always it because som investors have shutted down and more else but this will be recovering because bitcoin always recover

taxmanmt5

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When did you post this because it is nowhere near Polly? I've seen these Post in these threads all week long and the fact is that there are very small discrepancies and very small drops there's nothing anywhere near what would what would be considered a drop. I don't know where everybody's getting their information from because it is holding steady at 4,000 with very small drops.

Topic: Bitcoin Is Falling Down? (Read 2263 times)