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Topic: Bitcoin price drops below $15k..... (Read 268 times)

hero member
Activity: 1036
Merit: 514
January 12, 2018, 05:32:03 PM
#25
Bitcoin price fluctuates is a normal thing due to people trade cryptocurrency based on current development and acceptance, every issue will affect the price. Especially for now due to bitcoin fees people tend to invest in alternative coins which are better than bitcoin. It will change as soon as scale solution implemented such as lightning network.
Another thing is bitcoin acceptance, if South Korea ban cryptocurrency trading, the price will fall as people selloff bitcoin.
full member
Activity: 606
Merit: 108
January 12, 2018, 04:38:08 PM
#24
Bitcoin its value down or up is not foreign anymore, because its value is not stable. so we do not need to panic when bitcoin down, that's our chance to buy as much bitcoin as possible. Because we know if bitcoin down will definitely go back up and will be worth higher later
hero member
Activity: 1484
Merit: 535
January 12, 2018, 04:24:57 PM
#23
I still remember when it touched the $20k barrier for the first time, it was one of my happiest days in this life.. And i sold an entire bitcoin at $19,000, it was so great! anyway, it will still keep going to go up for a while, but no one knows when are we going to be at twenty thousand again.

It was great, i agree, i was able to sold at $20,500 on GDAX, it was a nice deal because two days later it dropped to $17,000 or a little bit less if i am not wrong.

But yes,  the price is obviooooously going to recover, it is just matter of time until we can see another bullish and giant green candles on the charts again.

I am now investing a lot of money on Altcoins, but i want to see bitcoin going up too..
member
Activity: 282
Merit: 10
January 12, 2018, 02:51:31 PM
#22
Look , I  don't know why is Bitcoin falling down , but I know that every time Bitcoin is falling down he's rice again with a bigger price . So we don't need to worry about this , bitcoin is gonna rice up again , maybe not in a short time , but its gonna rice up again .
Bitcoin price dropped to $13.000 , but like I said, we don't need to worry, it's gonna rice up again .
sr. member
Activity: 443
Merit: 260
January 12, 2018, 11:54:30 AM
#21
10 days to go from 14.000 to 20.000
People focus too much on that peak of nearly $20,000 last year. It was clear that this peak was only the result of the speculation around the future markets going live. If there were no future markets, there would be no $20,000.

If we disregard that $20,000 peak for now, you'll be left with an average price of $15,000, which is what we are very close to right now. In other words, we haven't gone down that much at all.

Peaks on charts aren't always a good reflection of the reality, and the peak of $20,000 is definitely not an exception. People act like Bitcoin has gone down a lot, while in reality we're still in a very good position.

OK, I agree with you on the peak.

But we held 17k for almost a week and never came close again.
legendary
Activity: 1610
Merit: 1183
January 12, 2018, 11:34:07 AM
#20
We are good. Look at the graph and think. We are hitting higher highs and higher lows on the dips.

After the $11,000 crash coming from the current ATH, we hit $16,529, corrected to $12,043, went up again and hit $17,277, with a dip down to $12,822. So notice how we go high, correct higher than the previous correction, with this trend we should be ok, outside of any big FUD news that could disturb the current triangular formation which as I described is rather ascending than purely symmetrical of a triangle. I see an ATH next month (again, outside of FUD news).
full member
Activity: 154
Merit: 100
January 12, 2018, 10:58:01 AM
#19
I still remember when it touched the $20k barrier for the first time, it was one of my happiest days in this life.. And i sold an entire bitcoin at $19,000, it was so great! anyway, it will still keep going to go up for a while, but no one knows when are we going to be at twenty thousand again.
legendary
Activity: 2170
Merit: 1427
January 12, 2018, 10:56:53 AM
#18
Price has come lower than $15000, due to some sort of issues. Due to the recent issue with the South Korean exchange now the price drop has taken place. This has been termed to be a FUD later by exchange authorities. Expect the price to increase gradually at the earliest and reach above $20000.

If you look back, the market has been bouncing up and down for quite a while now, and that within a very wide range, so there are no issues here at all. What we experience right now is a market that doesn't know what direction to move into, and it shows due to the price movements. There is no momentum anymore, no event to hold onto, no Lightning Network, no further Segwit adoption, etc. Do you seriously expect the market to keep increasing without any bullish indicators? The market has been consolidating above the $10,000 level, and that's the main thing to focus on here. Let it jump to $16,000 and then fall back to $13,000, it doesn't matter, that $10,000 level is still safe.
full member
Activity: 759
Merit: 105
January 12, 2018, 10:47:39 AM
#17
10 days to go from 14.000 to 20.000
People focus too much on that peak of nearly $20,000 last year. It was clear that this peak was only the result of the speculation around the future markets going live. If there were no future markets, there would be no $20,000.

If we disregard that $20,000 peak for now, you'll be left with an average price of $15,000, which is what we are very close to right now. In other words, we haven't gone down that much at all.

Peaks on charts aren't always a good reflection of the reality, and the peak of $20,000 is definitely not an exception. People act like Bitcoin has gone down a lot, while in reality we're still in a very good position.
And i think that was the effect of shilling when starts to buy and notice that the price is almost at the speculated price. They tend to stop and rather sell if it is rising up again, but who would do such thing like that? I know one, and they called it Whales.
sr. member
Activity: 602
Merit: 252
January 12, 2018, 10:10:36 AM
#16
Price has come lower than $15000, due to some sort of issues. Due to the recent issue with the South Korean exchange now the price drop has taken place. This has been termed to be a FUD later by exchange authorities. Expect the price to increase gradually at the earliest and reach above $20000.
legendary
Activity: 1526
Merit: 1179
January 12, 2018, 09:07:34 AM
#15
10 days to go from 14.000 to 20.000
People focus too much on that peak of nearly $20,000 last year. It was clear that this peak was only the result of the speculation around the future markets going live. If there were no future markets, there would be no $20,000.

If we disregard that $20,000 peak for now, you'll be left with an average price of $15,000, which is what we are very close to right now. In other words, we haven't gone down that much at all.

Peaks on charts aren't always a good reflection of the reality, and the peak of $20,000 is definitely not an exception. People act like Bitcoin has gone down a lot, while in reality we're still in a very good position.
sr. member
Activity: 443
Merit: 260
January 12, 2018, 08:00:45 AM
#14
BTC Will Go up 20.000$ in 1 month.

10 days to go from 14.000 to 20.000
newbie
Activity: 114
Merit: 0
January 12, 2018, 08:00:17 AM
#13
Wow it's $15,000? Last time I looked at the chart in januaryit was $1000. wtf happened? Why is it so high?

LOL. I don't know what is the intention of this post, is this to create awareness or just to spam? Honestly we know what is happening. Most of the users here already knows that and probably knows what is the reason behind it.
jr. member
Activity: 52
Merit: 2
January 12, 2018, 07:55:58 AM
#12
I see others got surprised with the price of Bitcoin reaching to $15K, but this price is such a fall in the history. Last year it almost reach to $20K, then this past few days it is getting low. But I do still believe that it will mark the history again and surpass the $20K ceiling.
hero member
Activity: 2828
Merit: 518
January 11, 2018, 08:58:35 PM
#11
The price of bitcoin is down more than 25 percent from an all-time high of nearly $20,000 reached this past weekend...
Prices fell to as low as $14,502 to start today's trading session, according to CoinDesk's Bitcoin Price Index (BPI), about 27 percent from the all-time high of $19,783 reported on Dec. 17....
That certain scenario is common and normally to happen in the world of crypto. It wii happen also in the other forms of investment local or internatioal, because knowing that bitcoin is decentralized and the market are moving fast so therefore changes will occur every minute.
copper member
Activity: 658
Merit: 284
January 11, 2018, 08:27:04 PM
#10
The price of bitcoin is down more than 25 percent from an all-time high of nearly $20,000 reached this past weekend...
Prices fell to as low as $14,502 to start today's trading session, according to CoinDesk's Bitcoin Price Index (BPI), about 27 percent from the all-time high of $19,783 reported on Dec. 17....
It appears the bitcoin is going through the second correction since December 2017.
But this correction is happening for a reason because the Korean cryptocurrency exchanges are crackdown by security officials for tax invasion. 
newbie
Activity: 56
Merit: 0
December 22, 2017, 10:11:51 AM
#9
BTC Will Go up 20.000$ in 1 month.
legendary
Activity: 2912
Merit: 1068
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December 22, 2017, 09:30:39 AM
#8
Wow it's $15,000? Last time I looked at the chart in januaryit was $1000. wtf happened? Why is it so high?

Ha, ha, this made me laugh.  Grin

Anyway, the price is falling but it's not the first time we such situation, it has happened before. And I don't think that fees are the cause for this dump, like some are saying.
I would just say don't panic sell but buy. This is opportunity to buy at convenient price you will not want to regret that later.
legendary
Activity: 2002
Merit: 1040
December 22, 2017, 09:25:44 AM
#7
There's no fee problem,  there's a spam problem
newbie
Activity: 50
Merit: 0
December 22, 2017, 09:12:38 AM
#6
when we active and solve fee problem. price  will growth fast.


and may get 50,000$ in short time
hero member
Activity: 980
Merit: 509
December 22, 2017, 01:27:22 AM
#5
Yes bitcoin drops much, but no need to worry I still optimized it will increase again before end of year.
Now transactions fees bitcoin is high, it will effect also to bitcoin price in the market.
newbie
Activity: 24
Merit: 0
December 22, 2017, 01:26:56 AM
#4
The only reason it got so extremely high is because it had extreme momentum. If it gains momentum on the way down again I fear it might go very low. The scariest part is that it's down more than 25% and to me it feels like it only just gained traction.

A whale I know, who's been holding for years and had a few thousand coins, sold everything this week. If someone like that dumps it all, what will average joe do?
full member
Activity: 266
Merit: 222
Deb Rah Von Doom
December 22, 2017, 01:15:45 AM
#3
Wow it's $15,000? Last time I looked at the chart in januaryit was $1000. wtf happened? Why is it so high?
sr. member
Activity: 406
Merit: 250
December 22, 2017, 01:09:58 AM
#2
Yes, and that is because of the congested bitcoin network and high transaction fees. People who are using cryptos to snd money from one point to another, are now preferring different cryptos like ETH or Ripple. Due to this reason, ripple price has increased to a whole new level. These currencies are technically superior than bitcoin and started showing value to the transactors. But I hope the situation will change very soon because bitcoin price is at optimum low level and a lot of people are tempted to buy more now, including me. So bitcoin will certainly bounce back.
newbie
Activity: 28
Merit: 0
December 22, 2017, 12:41:43 AM
#1
The price of bitcoin is down more than 25 percent from an all-time high of nearly $20,000 reached this past weekend...
Prices fell to as low as $14,502 to start today's trading session, according to CoinDesk's Bitcoin Price Index (BPI), about 27 percent from the all-time high of $19,783 reported on Dec. 17....
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