Topic: Bitcoin on the LOW! - page 3. (Read 677 times)

I was very surprised to see the price of bitcoin falling like a rock, the price of bitcoin has dropped from $ 7200 to $ 6500 in a very short time. I hope this is all over soon.

The declined of the price has something to do with the delay/postponement of the SEC decision on the Bitcoin ETF. Just imagine what will be the impact it would bring if there is a rejection. And it looks like its creating a lot of panic, I really don't understand those people who will suddenly push the sell button. And I'm sure that the first one to panic are those people who are very bullish about bitcoin in the last couple of weeks. This is just another bump along the road, no need to panic guys.

I believe he is saying that current market is going down and people are panicking for that reason. I mean this is just the same thing as we would always see when the market is going down and unreasonable people that is weak handed one's will start panic irony and will always get more overwhelmed with the current situation. I guess this is what we are speaking here and this thread particularly. I think this time people might have gotten crazy about the current situation because everyone was so relaxed after seeing the market recovering itself so nicely and suddenly the mega dump occurred.

Good time to buy and accumulate more right now. BTC is on a fire sale!

You don't even need to own Bitcoin to short it. Those whales in Bitfinex and Derivatives and Futures market are making billions of dollars each day shorting the market. They make Bitcoin go up and pretend we are going bullish then as soon as people start having some hope of a bull run, they pull the plug and as long as they can make money like this every month and bleed the market out of all the little fish, they will keep doing it. They do not care about the technology , nor do they care about others. They care to make billions and steal all the wealth from all the new people coming in.

I have predicted that the decline in bitcoin will happen again, and I did not feel happy when Bitcoin reached $ 8200 a few days ago. because I know how volatility the crypto market today.

some people feel happy and say that the correction will end and welcome the bullish market.

but their hopes are lost when bitcoin drops again. bitcoin only gives a fake bullish market.

I am laughing.

Don't worry hold for long term

Today was probably the most desperate day for the price of BTC, suddenly down 10 percent, the market is getting weaker and the prices of BTC and altcoin are also falling sharply, with many investors selling off their encryption.

Bitcoin holders who have 4,000,000 Bitcoins purchased before 2011 for $100 or $200, they have the Bitcoin market.

When they sell, bitcoin is going to $2000.

August 8, 2018, Bitcoin is ongoing, the flow is outrageous as some people have said, the price continues to go down, the price exactly went down today at $6,401.30, A lot of people are panicking and are being boggled by the price, and I think that most of these people who are panicking right now are probably those who are not informed, and those who are just going with the flow of what the community thinks about the current state of BTC. You guys need to completely calm down and stop making your own opinionated statements about BTC's future and of its price, now it is obvious that even if a lot of people will think that the price is completely fine, and will improve soon, sadly, on the other hand a lot of people are inventing or making these false accusations, generally speaking, some people in the forum are completely making doubtful thoughts about BTC's progression, some may say that the price will go way down and will continuously go down, until it DIES. And I just cannot believe my eyes, a lot of people have panicked, selled their holdings right away, and are just straight up scared with the current situation right now, and lastly before you reply, be sure to check legitimate websites that are exclusively giving updates on what to know and what to avoid during these kinds of situation, and most likely to check the price and flow as well.

Give some additional statements about this, correct me if I am wrong in some parts, it would be a big help.

This link may help you get updated within the current issues and news revolving around the marketplace and especially BITCOIN:
www.coindesk.com/bitcoin-outlook-sours-as-price-sheds-70-of-recent-rally/

CHEERS!