Just trying to find a reason for the sudden drop
Topic: Bitcoin right now [Nov 14, 2018] - page 5. (Read 1196 times)
@Kryptowerk: yeah couldn't really see why people would react so drastically to a hard fork.
Just trying to find a reason for the sudden drop
Just trying to find a reason for the sudden drop
Maybe this is another chance for investors to buy bitcoin at a discount to already a discounted price. A repeat may happen just like November 2017 when the price of bitcoin experienced a sharp fall. Then 2017 bull run was th highlight in December 2017. Are we seeing the same scenario for 2018? Nobody can definitely assured of the furure.
I thought bitcoin is already on a steady mode, but the sharp fall that made bitcoin price to fall to $5700 is something to concern with. Efforts are being made to shift the market from bearish to bullish, but this update suddenly happened. Just as the other are saying, nothing to worry about. Not much of the fall. Let's see what will happen in the coming days.
The Sharp fall in the market is so fast that it obvious bitcoin may not rise to the amount it close last year 2017 with because of the correct market condition. But the fact still remains that the market is going to recover as time goes on.
Did you actually hope that bitcoin is going to close at the similar price band as of 2017??
The stock market around the world (except few countries) dipped badly. Even though it doesn't have any apparent relation with the crypto market, but it seems like that same sentiment worked here as well.
I am unable to find any proper reason for this dip because all cryptos have fallen drastically. Did anyone find any proper reason why it is happening??
Black Friday
. Giving chance for new investors. Not too bad, this way those who cant afford to buy at the past price can now be able to buy. Good chance to buy more. Anyway, its a fall season so maybe it will also rise on spring.
I am very upset and depressed because I did not expect such a quick and unexpected drop in Bitcoin and the market as a whole
I am very interested in the question of what caused this fall. After all, the news background is quite favorable for Bitcoin, and apparently the majority of coin holders are set for a long-term hold. The situation makes you think about some person or organization that has a real impact on the exchange rate.
I'm not even joking:
I'm not even joking:
In that small war of yours White Shoe Boys from Wall Street will benefit big time. But that is OK. Time to get rid of character's like you, Jihan and Roger. And that will play out now. Btw, thank you for chance to buy cheap BTC and some Alts .. Waiting for war to escalate! :-)
Massive fear for bitcoin cash fork, so it seems.
Probably after tomorrow market will start to recover, depends on how the fork turns out.
Probably after tomorrow market will start to recover, depends on how the fork turns out.
was my first idea as well. All this raerae cursing and threatening with attacking other's chains (empty blocks) doesn't make crypto look like the serious business it usually is.
In addition to that we have quite some fears lingering in whole economics. Stocks are bearish, many experts talking about the next big crisis around the corner, national depts are skyrocketing, Italy doesnt care about EU's financial rules........................................................
looks like bitcoin isn't considered the safe haven like gold to many big investors (yet?)
As others pointed out before: nice moment to buy some bitcoin and good alts.
cheers
Before black Friday and new year fix profit. But I think I'm on my way to a u-turn. The Strait before the expiration of futures that will now be.
My advice to all you do not act and make a decision to regret it
The best is coming
If you can buy think seriously because these levels are good to buy.
The best is coming
If you can buy think seriously because these levels are good to buy.
I don't see anything out of the ordinary. The 2019 bottom still holds, the 100 Billion market cap is still there. We get dips like this one every 2 months. Bitcoin did a very similar thing on 2 September. Don't panic and don't do something that you will later regret only because in your current view the price is falling like crazy, which is not true. It is moving within acceptable boundaries.
Yup im with you on this, ive seen bigger dips and the market always recovers.
Im sure a lot of people have suffered from some FUD relating to BCH fork .....
There was a lot of hot air aboit BCH last year and im sure there will be more
to follow with this.
If the resistance in 6k is broken and it doesn't recover in a time, I don't think price will resist too much. Because no one expected that it would fall below 6k, so if panic sales already begin and there is no power to cut it, it will go down even further. We all know the price will recover, but the decrease may delay it.
There will be a group of people who will welcome the temporary fall in
order to hoover up some cheaper coins. This episode is a traders dream
if they were able to make the most of the movement
If the resistance in 6k is broken and it doesn't recover in a time, I don't think price will resist too much. Because no one expected that it would fall below 6k, so if panic sales already begin and there is no power to cut it, it will go down even further. We all know the price will recover, but the decrease may delay it.
Massive fear for bitcoin cash fork, so it seems.
Probably after tomorrow market will start to recover, depends on how the fork turns out.
Probably after tomorrow market will start to recover, depends on how the fork turns out.
lol, imo nobody in his right mind cares much about the BCH and "SV"* fork crap going on right now.
So, relax, and enjoy a typical crypto-rollercoaster ride, that will ultimately turn to the upside, because that's imho the only way BTC can go longterm.
*what a joke of a name, the real Satoshi (he, she, they) would probably want to puke in Craig Wrights face when they first heard his announcement to call his shitcoin Satoshi's Vision.
at first i thought bitcoin couldn't be lower than $ 5,800 this year
and my prediction failed lol
now dip to $ 5,500
lower than June 24, 2018
and my prediction failed lol
now dip to $ 5,500
lower than June 24, 2018
Massive fear for bitcoin cash fork, so it seems.
Probably after tomorrow market will start to recover, depends on how the fork turns out.
Probably after tomorrow market will start to recover, depends on how the fork turns out.
I'm not even joking:
Good time for those who have capital to buy bitcoin... You can add some bitcoins now n your wallet and juat wait for his turn
the market was stable the last months at around $ 6,000 to $ 6,500 so it was quite predictable for sharp up or down
It's better to be patient because there are still opportunities to get better prices later, this is not the end of bitcoin and make yourself calm.
Black friday arrived a bit early this year 
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