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Topic: Bitcoin just dropped to under 900$ and it keeps going down - page 4. (Read 6544 times)

full member
Activity: 154
Merit: 100
C H Y N A  Undecided
sr. member
Activity: 339
Merit: 250


It is dropping as i post this, i wil catch it around 550--600 range. Buying now is not safe.
full member
Activity: 189
Merit: 100
I'd relax. There was no way the price could keep going up and up without some sort of crash back to a more realistic valuation. A crash was inevitable due to the meteoric rise of bitcoin's value. Just hold tight and the value of bitcoin will likely return to $1100 or go higher this year.
legendary
Activity: 1937
Merit: 1001
Here we go again! Sub $800 here we come!
sr. member
Activity: 845
Merit: 267
Guys , can someone tell me what is happening with Bitcoin ? In only 2 hours his price dropped over 10% . Now his price is 880$. What should i do? Sell my bitcoins or buy more?
This might be an opportunity to buy more btc before it will rally again to go up. Some whales want the price to drop and buy a lot of btc and sell them again at high price.

In the last year Bitcoin has caught the eye of Investment Fund Managers. Recently the Chinese were buying in as their Yuan was going down. India has also recently been attracted to Bitcoin helping increase its demand. Indonesia is the latest as this crypto currency is getting deeper and deeper into the rest of the worlds fiat financially structured norm. Of course bitcoin was already steaming ahead these just acted as a currency catalyst. 

The very day the Yuan gained strength the wind was let out of the sail and Fund managers with millions invested took profits accounting for the fast large drops. So Bitcoin has become an Equity for investment purposes now. No longer a speculative curiosity. The good news is even though it just took a hit it is going to move along again full steam ahead  with many more Investors around the world seeing its long term potential.

This is all just my opinion from what I have observed the last few years and my experience in the markets.

All you guys that stayed with this and became miners, enthusiast and or physical bitcion creators/artist should be commended for your efforts not to mention its creator (Satoshi)     
hero member
Activity: 1302
Merit: 508
Leading Crypto Sports Betting & Casino Platform
The price right now honestly is increasing back and i think the price will increase back abouve $1k value and the price drop this few hours ago is just a normal price drop that already happen by last year the movement of the price is just like the last year movement that after new year the price was drop.. but if the price will increase back above $1k value and i think this is a new movement of the price..

Yes now it is the right time to buy bitcoin because soon it will jump 1000$. As right now many people start buying at 880$, after new year this is the lowest value that has fallen below 900$. It's better for the people who want to buy bitcoin and definitely they will make profit when it reaches to 1000$.
hero member
Activity: 1484
Merit: 624
Maintain Social Distance, Stay safe.
The price right now honestly is increasing back and i think the price will increase back abouve $1k value and the price drop this few hours ago is just a normal price drop that already happen by last year the movement of the price is just like the last year movement that after new year the price was drop.. but if the price will increase back above $1k value and i think this is a new movement of the price..
legendary
Activity: 1134
Merit: 1000
Guys , can someone tell me what is happening with Bitcoin ? In only 2 hours his price dropped over 10% . Now his price is 880$. What should i do? Sell my bitcoins or buy more?

Definitely buy more. You must remember that only two-three months ago the value of bitcoin was about 450-500 us dollar. In this moment is above 900 us dollar. So is double. Tell me one currency or investment with such increase of value within this short time.
member
Activity: 70
Merit: 10
This is so confusing how bitcoin value comes to this point now, lower than $1000,

does big whales sell their bitcoins?
I want to now the reason behind.
sr. member
Activity: 574
Merit: 251
I'm not buying just in case it goes lower
I'm not selling just in case it goes higher
I'm such a smart strategist am i not

by monday we should know where is this going.
global moderator
Activity: 2324
Merit: 1179
While my guitar gently weeps!!!
Don't drink too much coffee, its  bad for you, don't watch the price too much too, it could give you mini heart attacks...  Smiley Just relax, this isn't the right time to sell if you are going to stay long with bitcoin and wait for another more price rise, but if you are in need, sell it now, if you could use the money in other form that could help you in your life... Now is the right time to buy, and this coming days...  Smiley
sr. member
Activity: 574
Merit: 251
I don't know anything about trading but down to 700$ seems unlikely, the lowest it got today was 871, when yesterday went to 851, it seems to be somehow holding. But idk  Roll Eyes
hero member
Activity: 812
Merit: 500
Guys , can someone tell me what is happening with Bitcoin ? In only 2 hours his price dropped over 10% . Now his price is 880$. What should i do? Sell my bitcoins or buy more?
This might be an opportunity to buy more btc before it will rally again to go up. Some whales want the price to drop and buy a lot of btc and sell them again at high price.
hero member
Activity: 924
Merit: 1001


We will be at 700 range by tommorow. Just keep cool and buy back when the price is at the lowest might be 550-600 range



I guess you mean $ (dollars)? Yet?
About 700$ ... Another big dumps in a short time sounds a bit impossibile... really crazy a 500-600$ value, despite the negative consensus. Sounds a bit strange a big crash after the price was near to touch the maximum value ever!
newbie
Activity: 20
Merit: 0
hello friends

bitcoin is like any forex. only trade if you have experience trading bitcoin or other fx.  you can win big but also lose big.

if you've no experience trading fx, follow the advice in the mainstream media and just invest a tiny amount of your personal wealth (like 2-3% i think is the official advice). do not take any leverage. buy and hold. only put a very small amount of your money into it.

if you ignore this advice then you will find out eventually after much hard experience that it is in fact right

sr. member
Activity: 339
Merit: 250


We will be at 700 range by tommorow. Just keep cool and buy back when the price is at the lowest might be 550-600 range

sr. member
Activity: 294
Merit: 250
I have just saw on YoBit that the price fell down to 900$. And I wanted to check how much it is in RUB (my currency) and suddenly pressed the button "SELL". What an idiot! Cry
legendary
Activity: 1218
Merit: 1000
If you want to sell bitcoin I think not now, because prices are drop. Maybe if yesterday you sell bitcoin when prices rise and remain high it was the right time. But in my opinion it is better to hold until are under the price after the buy bitcoin, it was the best time to buy bitcoin because if the price is below and you hold until prices rise above and you sell it certainly will get big profit. Until now bitcoin prices continue to drop, it is better to wait for the right time to buy.
hero member
Activity: 924
Merit: 1001
Guys , can someone tell me what is happening with Bitcoin ? In only 2 hours his price dropped over 10% . Now his price is 880$. What should i do? Sell my bitcoins or buy more?

if you just buy bitcoin in under $880 then you can sell it now and take the profit while the profit is not much depend on the price $1100 but i hope you don't go with the panic people in the market because i see this in the market and the price is down to deep. but if you have more money, then i think you can prepare to buy bitcoin so you have more bitcoin in your wallet and you can ready for waiting the increasing price.

If somebody bought at $880, he could have made almost 100 dollar profit already.

Despite the small profit today price are already in negative... with a 8-10% Sad of difference from yesterday (data from bitcoinwisdom) with a -15%-19% of the value in 24 hours  Cheesy ...

Probably in the last days the price was really overpriced and we missing some "big" news Sad
sr. member
Activity: 322
Merit: 251
Well if the past is anything to go by this has only just begun.

Of course the past isn't always a reliable indicator!
You is like the only righteous nigga on this thread that speaks any Ainglish, an' that's all you got to say??  The rest of these dog eared, crusty faced fools be blabbering on about some booshit, jist 'cause they a-gittin' paid fo it. 

While we onna subject,  bitcoin now be at $940 as I sit upon my ample behind writin' this.  That ain't too stinky.
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