Bitcoins price just gone down from 1000$ to 990$ each

asradoni

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Quote from: xIIImaL on January 05, 2017, 09:09:35 AM

Quote from: bamboylee on January 05, 2017, 08:27:00 AM

This is just normal. The price increased too fast this week. The price will normally pull back down after that surge. Either that or it will be a very long side way movement. Honestly, I like it this way. I have opportunity to grab some bitcoins before it start to climb back up.

Yeah its happening every year. Value use to increase from the November to Christmas and then price drop and stabilize to some amount. I hope this price will stop at 950$ or somewhere around the value. For upcoming 4 to 5 months we do not expect big price pump in bitcoin.

There is a big pump of the bitcoin in the last two weeks.

xIIImaL

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Quote from: bamboylee on January 05, 2017, 08:27:00 AM

This is just normal. The price increased too fast this week. The price will normally pull back down after that surge. Either that or it will be a very long side way movement. Honestly, I like it this way. I have opportunity to grab some bitcoins before it start to climb back up.

Yeah its happening every year. Value use to increase from the November to Christmas and then price drop and stabilize to some amount. I hope this price will stop at 950$ or somewhere around the value. For upcoming 4 to 5 months we do not expect big price pump in bitcoin.

NeuroticFish

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Quote from: jman0war on January 05, 2017, 08:54:34 AM

it's not just Bitcoin that's down, all the coins are down.

https://www.worldcoinindex.com/

LTC, ETH, XMR, ETC, DASH, ZEC

Woah, indeed. Usually alts use to rise or recover when Bitcoin falls.
Now ... it looks bad. Really bad.
But it's not unexpected. Let's see how low it'll go and how long it will stay there.

deadsilent

hero member

Activity: 1148

Merit: 500

What the hell!? I thought we are going to break the all time high. Lets just wait for few days and it will be back again. And if thats not happen. I guess this is where bitcoin rally is over. This is insane drop because i just saw the price a while ago, its at $1100+. Just like that. We are back again to $900+. But its still good tho.

dat.ho12492

jr. member

Activity: 378

Merit: 1

Quote from: BitcoinHodler on January 05, 2017, 08:51:57 AM

Quote from: Xester on January 05, 2017, 08:00:37 AM

This is very sad. I just went to the comfort room for a minute and when I came back bitcoin is less than One thousand dollars. What happened? I am expecting that it will climb up more but it shoots back down.

Can somebody tell me what cause this recent price decrease? I am troubled. Hope it will climb up again to 1000$ the least.

it was definitely sad but only because i witnessed how many newbies are in the bitcoin trading business that will dump bitcoin so hard that price can go down from $1150 to $850 in half an hour and it was devastating to see that they are selling their coins cheaply to the whales who fooled them into doing this.

right, many people scared and sell bitcoin with price cheap, but they do not know they have been cheated

Telepo

full member

Activity: 128

Merit: 100

yes, it has dumped so hard and I cound not do anything.
Dam, Bitcoin dumpers. What do you expect about the price. Will it return back 1,100$ ?
Should I buy more bitcoin when it's under 850$?

jman0war

member

Activity: 78

Merit: 10

it's not just Bitcoin that's down, all the coins are down.

https://www.worldcoinindex.com/

LTC, ETH, XMR, ETC, DASH, ZEC

BitcoinHodler

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Quote from: Xester on January 05, 2017, 08:00:37 AM

This is very sad. I just went to the comfort room for a minute and when I came back bitcoin is less than One thousand dollars. What happened? I am expecting that it will climb up more but it shoots back down.

Can somebody tell me what cause this recent price decrease? I am troubled. Hope it will climb up again to 1000$ the least.

it was definitely sad but only because i witnessed how many newbies are in the bitcoin trading business that will dump bitcoin so hard that price can go down from $1150 to $850 in half an hour and it was devastating to see that they are selling their coins cheaply to the whales who fooled them into doing this.

asradoni

sr. member

Activity: 1039

Merit: 256

Quote from: hubballi on January 05, 2017, 08:36:40 AM

Quote from: Zadicar on January 05, 2017, 08:29:11 AM

Quote from: bL4nkcode on January 05, 2017, 08:20:45 AM

Its now 875.06 on preev.com so maybe a big crash will come Cry

So come on convert your coins to fiat Lol

This is the thing most users do on exchanging coin to fiat but some did already panic sell on sudden price crash on bitcoin.Imagine $1100- $870 in just a day is really horrible and some people do really panic sell on that specially to those people who bought on a expensive price.

not only that who are just entering in bitcoin market are getting scared of this dump and they are selling in sense that what ever loss let it be small that is the main reason of this sell off and it was expected as small traders have started to take profit from their buy in low odds.

That is just 15% drop from $1130 to $970. That is normal in the bitcoin trading.

hubballi

sr. member

Activity: 882

Merit: 297

Quote from: Zadicar on January 05, 2017, 08:29:11 AM

Quote from: bL4nkcode on January 05, 2017, 08:20:45 AM

Its now 875.06 on preev.com so maybe a big crash will come Cry

So come on convert your coins to fiat Lol

This is the thing most users do on exchanging coin to fiat but some did already panic sell on sudden price crash on bitcoin.Imagine $1100- $870 in just a day is really horrible and some people do really panic sell on that specially to those people who bought on a expensive price.

not only that who are just entering in bitcoin market are getting scared of this dump and they are selling in sense that what ever loss let it be small that is the main reason of this sell off and it was expected as small traders have started to take profit from their buy in low odds.

Zadicar

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Quote from: bL4nkcode on January 05, 2017, 08:20:45 AM

Its now 875.06 on preev.com so maybe a big crash will come Cry

So come on convert your coins to fiat Lol

This is the thing most users do on exchanging coin to fiat but some did already panic sell on sudden price crash on bitcoin.Imagine $1100- $870 in just a day is really horrible and some people do really panic sell on that specially to those people who bought on a expensive price.

Tanic

sr. member

Activity: 294

Merit: 250

I am sure that bitcoin is going to jump around that point of 1000$ for some time. One day upper, another lower. That is because of the price. many people are buying bitcoins to invest in it with the expectation it will get doubbled soon, and other people are cashing out their bitoins cause of the price is really teasing.

bamboylee

hero member

Activity: 1148

Merit: 504

This is just normal. The price increased too fast this week. The price will normally pull back down after that surge. Either that or it will be a very long side way movement. Honestly, I like it this way. I have opportunity to grab some bitcoins before it start to climb back up.

bL4nkcode

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Limited in number. Limitless in potential.

Its now 875.06 on preev.com so maybe a big crash will come Cry

So come on convert your coins to fiat Lol

susila_bai

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Activity: 1260

Merit: 524

Quote from: pinoycash on January 05, 2017, 08:06:02 AM

Quote from: Xester on January 05, 2017, 08:00:37 AM

This is very sad. I just went to the comfort room for a minute and when I came back bitcoin is less than One thousand dollars. What happened? I am expecting that it will climb up more but it shoots back down.

Can somebody tell me what cause this recent price decrease? I am troubled. Hope it will climb up again to 1000$ the least.

I big sell off just happened, and the whales starting to sell to secure profits or someone is making a dump to lower the price so they can buy cheap coins. this price drops affects small BTC holders.

This is not affecting small btc holders but they are the sellers who are selling in panic knowing that the price will go down more and affecting the price but their will be bounce back

manselr

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Quote from: Xester on January 05, 2017, 08:00:37 AM

This is very sad. I just went to the comfort room for a minute and when I came back bitcoin is less than One thousand dollars. What happened? I am expecting that it will climb up more but it shoots back down.

Can somebody tell me what cause this recent price decrease? I am troubled. Hope it will climb up again to 1000$ the least.

Probably a lot of people that bought at 1000 dollars are panic selling because they are pussies that can't wait for the ATH resistance to be broken, so we are going to keep selling dips but we will be soon at 1000+ dollars trying to break the ATH again, and the guys that sold at sub 1000 dollars will start crying again. Has been happening all the way up, and the people that made the most money were the ones buying all the dips and holding.

pinoycash

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Activity: 1316

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Quote from: Xester on January 05, 2017, 08:00:37 AM

This is very sad. I just went to the comfort room for a minute and when I came back bitcoin is less than One thousand dollars. What happened? I am expecting that it will climb up more but it shoots back down.

Can somebody tell me what cause this recent price decrease? I am troubled. Hope it will climb up again to 1000$ the least.

I big sell off just happened, and the whales starting to sell to secure profits or someone is making a dump to lower the price so they can buy cheap coins. this price drops affects small BTC holders.

Zadicar

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Quote from: Xester on January 05, 2017, 08:00:37 AM

This is very sad. I just went to the comfort room for a minute and when I came back bitcoin is less than One thousand dollars. What happened? I am expecting that it will climb up more but it shoots back down.

Can somebody tell me what cause this recent price decrease? I am troubled. Hope it will climb up again to 1000$ the least.

Just as expected bitcoins price would really go down after the price increase rally.I dont know whats the main reason but one thing comes to my mind that traders of bag holders of bitcoin do already sell off their coins to secure profits when bitcoins price as its peak and now we are seeing price decrease and its not a shocking thing anymore for me.

Xester

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Activity: 994

Merit: 544

This is very sad. I just went to the comfort room for a minute and when I came back bitcoin is less than One thousand dollars. What happened? I am expecting that it will climb up more but it shoots back down.

Can somebody tell me what cause this recent price decrease? I am troubled. Hope it will climb up again to 1000$ the least.

Topic: Bitcoins price just gone down from 1000$ to 990$ each (Read 970 times)