Topic: Bitcoin is Falling...Is it Panic Time? - page 62. (Read 34150 times)
Panic or haste is actually not good, we know bitcoin often decreased.. but it's good if we stay calm and more calm thinking to decide something so as not to regret at the end. Surely we know the price of fluctuating bitcoin from time to time decrease and increase, it is better we think positive and optimistic because bitcoin price after experiencing a decreased certainly it will increasing again at a later time.
From the things that i read on the forum and on some internet sites, I can figure out that price of bitcoin is not going to drop much,
but is going to rise again, so i am not panicking, my decision is definitely to save them.
but is going to rise again, so i am not panicking, my decision is definitely to save them.
According to my friend preev.com, as of press time, the value of Bitcoin is standing at $2,351. Though I would say that this still considered as a feat, some are worried because it almost reached $2,800 again after the correction that happened days ago.
I have read that the decline can partly be contributed to newcomers especially neophyte traders who still have to be well-versed on the market...and can easily be ignited to do panic selling once they can fell that anything can be wrong.
Against this backdrop...are you holding on to your Bitcoin or transferring it into another digital currency?
I have read that the decline can partly be contributed to newcomers especially neophyte traders who still have to be well-versed on the market...and can easily be ignited to do panic selling once they can fell that anything can be wrong.
Against this backdrop...are you holding on to your Bitcoin or transferring it into another digital currency?
The bitcoin's price fall is just normal. When you post this post on june 19, bitcoin price is falling then at august it continue to increase until it double its price and reached 4000$. Days before today (september 21) bitcoin fall again from its 4000$ price then today I again check the price it reaches 4000$ again. What does it mean ? Even if the price fall it will goes up again and again so there is no need to panic just keep calm everything will falls back into place. Just when the price fall hold your bitcoinor else you will lose the opportunity to grow your money just patiently wait.
Whales did played very well with the China news about ICO as well possible banning exchanges, but its not forever, they just wanna have control over the money being invested and not to clean ilegal money as looks like were happening very easy. Bitcoin havent readjusted its value since the 1 September after the segwit incorporation process.
I think the reason for the falling bitcoin price is that banning of ICO in China because of the scam. It effect the trading in bitcoin and demand for bitcoin fell down and so is the price. But as you mentioned it is not forever. Bitcoin will soon regain its position in the market and the people took interest in bitcoin again and the price too is rising again. That was the upset came in the bitcoin path. 
Bitcoin is falling may cause panic? Not necessary to make panic..its an opportunity to buy bitcoins as much as you can, We don't have assurance of its precise value either up or down but to those who already understand the characteristic of bitcoins. They already knew how it works besides they are not afraid when the value drops because it will recover in the upcoming days..and a good chance to earn a good profit someday..Its normal ...
To new members, it does cause a lot of troubles. I have many friends who only know about bitcoin for a few months and it does make them panic whenever the price of bitcoin drop. We know that bitcoin is good and it always goes up, but the new members do not have a good belief like us 
Bitcoin is dropping again, has happened a couple of time last weeks, but it is now quite steady at 4000$
No need to panic, if you believe in bitcoin, hold them for a longer time as prices will (hopely) go up again
Yes I agree with you. Falling and rising is the part of business. Sometime you will loss and sometime you will earn more than the expectations. As the people who have bought bitcoin in the early beginnings never thought that the price of one bitcoin will ever cross the 4000 US dollars. But it crossed although it starts from I think 5 US dollars in 2009. So don’t be panic and wait for good times.No need to panic, if you believe in bitcoin, hold them for a longer time as prices will (hopely) go up again
Everybody or most people here believes that its gonna bounce back up again, in which I agree by the fact how btc is rigged and how the economy fundamentals comes into play. But the real question here is, how long will it take this time to recover? Are you prepared to sustain long bearish market? Study BTC all year price chart coupled that with recent events in China, you should roughly be able to predict how long it gonna be able to recover this time.
Your prediction should be even more accurate when Chinese government reveals what really their plan is. Right now I would say that we should monitor first what going on in China and better remove faith out of the equation.
I have my own research and study and I suggest you do your own and don't just listen to fortune tellers here.
Yes and the predictors has said that bitcoin price will reach up to 10000 US dollars till the end of this year. Then I don’t think there is anything to be panic. Although its price got variations in the last couple of weeks but now it is stable and is rising again and soon it will be higher than the expectations. We should just keep calm and cool and wait for the next few months. So we would find the results. Your prediction should be even more accurate when Chinese government reveals what really their plan is. Right now I would say that we should monitor first what going on in China and better remove faith out of the equation.
I have my own research and study and I suggest you do your own and don't just listen to fortune tellers here.
Bitcoin is dropping again, has happened a couple of time last weeks, but it is now quite steady at 4000$
No need to panic, if you believe in bitcoin, hold them for a longer time as prices will (hopely) go up again
Yes I agree with you. Falling and rising is the part of business. Sometime you will loss and sometime you will earn more than the expectations. As the people who have bought bitcoin in the early beginnings never thought that the price of one bitcoin will ever cross the 4000 US dollars. But it crossed although it starts from I think 5 US dollars in 2009. So don’t be panic and wait for good times. No need to panic, if you believe in bitcoin, hold them for a longer time as prices will (hopely) go up again
Every time there is a dropping happening in the price value of bitcoin many are getting panic in it, which is not supposed to be like that, instead of doing worries we should be happy because we have a chance to buy bitcoin in a cheap value then once it rises up again it will be a big profit to us of course.
Problems won't stop coming but bitcoin survives. There are many things in the past that hinders the growth of bitcoin but here we are now. The price decline that happened cannot stop bitcoin, it could recover, we just need some patience.
According to my friend preev.com, as of press time, the value of Bitcoin is standing at $2,351. Though I would say that this still considered as a feat, some are worried because it almost reached $2,800 again after the correction that happened days ago.
I have read that the decline can partly be contributed to newcomers especially neophyte traders who still have to be well-versed on the market...and can easily be ignited to do panic selling once they can fell that anything can be wrong.
Against this backdrop...are you holding on to your Bitcoin or transferring it into another digital currency?
I have read that the decline can partly be contributed to newcomers especially neophyte traders who still have to be well-versed on the market...and can easily be ignited to do panic selling once they can fell that anything can be wrong.
Against this backdrop...are you holding on to your Bitcoin or transferring it into another digital currency?
Only newbies would panic. A lot of people who have known bitcoin for years have experienced this kind of drop, so I think they've learned their lessons before. When I was new on bitcoin, which was 4 years ago. I would panic everytime bitcoin drops even with just $20. The price was too cheap that time, and I would convert all my bitcoin. Panic would do you no good, so just hold on to your bitcoin and trust it.
Well I am long enough in the game to know that usually when bitcoin is falling it is not panic time and it will eventually go up, hey thats bitcoin right.
But the part that makes me questions is when it falls the next time how long does it take to get back high?, China just announced that bitcoin is officially a treat to the banks of China, this will make people sell their bitcoin, usually people from China, when it falls people will buy from the west and it goes up again, bitcoin is here to stay and go to the freakin moon!
I did not intend to keep the bitcoins long-term prospects, and therefore I'm not too concerned about the price tomorrow today or yesterday. At the moment I am earning money and have money to live today. I understand that this is probably wrong, but nevertheless it is my choice.But the part that makes me questions is when it falls the next time how long does it take to get back high?, China just announced that bitcoin is officially a treat to the banks of China, this will make people sell their bitcoin, usually people from China, when it falls people will buy from the west and it goes up again, bitcoin is here to stay and go to the freakin moon!
It did recovered and we should be looking at a better price now. $4500 is better for this week but it seems like it got slow with the passing days. All in all I am still happy it went back to 4k which made my day and stress free. I thought I am in loss for and will take time before it could back. Luckily I didnt panic too.
holding bitcoin is better than you sold cause of panic.
wait until the price rise again, cause you know bitcoins value is not stable
wait until the price rise again, cause you know bitcoins value is not stable
Not falling enough, we need another big dip at $2800. 
Didn't filled all my bags, need moar!
Didn't filled all my bags, need moar!
considering the amount of fud and bad news coming out of China, I must say that the price is doing great. It is holding it own and at $4000, and this is very encouraging.
I did realized recently that at all bitcoin events there is a small antecipation before really happens, last year were the bitcoin halving that jumped around 6 months before, now i do believe people are already playing with November fork that the most say it will be a heavy moment to bitcoin supporters, because it can split the coin into two strongs directions till one fail.
According to my friend preev.com, as of press time, the value of Bitcoin is standing at $2,351. Though I would say that this still considered as a feat, some are worried because it almost reached $2,800 again after the correction that happened days ago.
I have read that the decline can partly be contributed to newcomers especially neophyte traders who still have to be well-versed on the market...and can easily be ignited to do panic selling once they can fell that anything can be wrong.
Against this backdrop...are you holding on to your Bitcoin or transferring it into another digital currency?
Well, in this case right now of course I'm still holding my bitcoin no matter what happens. I think this will never be panic to everyone of us because on my own this is again another opportunity to buy bitcoin in cheap price. If that will happen that bitcoin will drop That was the moment that you can now buy bitcoin. Bitcoin has low and high marketing, there are a lots of big and small mountains which is sometimes ups and downs, increase or decrease. That's what we call pattern of bitcoin. So, stop panicking. I have read that the decline can partly be contributed to newcomers especially neophyte traders who still have to be well-versed on the market...and can easily be ignited to do panic selling once they can fell that anything can be wrong.
Against this backdrop...are you holding on to your Bitcoin or transferring it into another digital currency?
I dont think this is the time, if you are investor you need to be risktaker but there would be a time for pumping up the price of bitcoin. Every fall down there would be going up.
Is it ever "panic time"?
They never learn. I don't blame the noobs though, what is sad is that the old hands fall into the same trap too. It is very amusing.
Well I am long enough in the game to know that usually when bitcoin is falling it is not panic time and it will eventually go up, hey thats bitcoin right.
But the part that makes me questions is when it falls the next time how long does it take to get back high?, China just announced that bitcoin is officially a treat to the banks of China, this will make people sell their bitcoin, usually people from China, when it falls people will buy from the west and it goes up again, bitcoin is here to stay and go to the freakin moon!
I did not intend to keep the bitcoins long-term prospects, and therefore I'm not too concerned about the price tomorrow today or yesterday. At the moment I am earning money and have money to live today. I understand that this is probably wrong, but nevertheless it is my choice.But the part that makes me questions is when it falls the next time how long does it take to get back high?, China just announced that bitcoin is officially a treat to the banks of China, this will make people sell their bitcoin, usually people from China, when it falls people will buy from the west and it goes up again, bitcoin is here to stay and go to the freakin moon!
It did recovered and we should be looking at a better price now. $4500 is better for this week but it seems like it got slow with the passing days. All in all I am still happy it went back to 4k which made my day and stress free. I thought I am in loss for and will take time before it could back. Luckily I didnt panic too.
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