Topic: BTC gone down today - page 10. (Read 1899 times)
Just hodl, It will go up again and I think with the next push it will go cross 20000$.
It fell by 10% since it reached $20k 3 days ago after CME Group made an announcement about bitcoin futures and after this fork happened it's value suddenly started increasing (increased by about $3k) which is why it had to drop. Nothing surprising here but hope it doesn't drop by 10-20% more as all altcoin markets too are getting effected. Most of the coins have dropped by 20-30% as per coinmarket.
Maybe the dip is because of the year's season. It is now Christmas time and people are converting their bitcoin into cash for the holiday rush, gift giving, and various preparations. I hope it would soon go back again, and I say that really looking forward to it.
Who knows? We know bitcoin has a ups and downs it is good with the dip, bitcoin price rising unexpectedly in this past few days. And for sure, It will start moving again after everyone panic to sell their bitcoin.
If it goes down than what it is now definitely i will buy cause i believe it shoot up again.
Maybe the dip is because of the year's season. It is now Christmas time and people are converting their bitcoin into cash for the holiday rush, gift giving, and various preparations. I hope it would soon go back again, and I say that really looking forward to it.
There is nothing to worry its still a healthy correction. Some correction is expected when Bitcoins goes up so fast, and It needs a seller and then a buyer to make Bitcoin goes up again. Personally, $10K is a significant support since it a psychological barrier that has been through.
Its down market for today but soon it will be higher , it is helpful traders and investors for quick money making.
So far it looks like a more or less normal correction, 20% falls happened before many times. A lot of money is transferred to Bitcoin Cash, which is being pumped like crazy (and Bitcoin Gold too). Again, we've seen this before.
Seems on the markets at present time BTC has come down. your thoughts on this and why you think it happened?
Do you think it will go back up? if BTC goes down way lower would it be wise to buy more into it
Do you think it will go back up? if BTC goes down way lower would it be wise to buy more into it
there is not a sufficiently unsettling decline, everything is still normal
I think this is normal and tends to be stable. you do not have to worry too much. consequently can make you wretched in making decisions
Hope this down trend would bounce back to $20,000 this New year. 
Right now, the transaction fee needed for instant confirmation has risen to 670 Sat/Byte. And it is increasing every hour as more and more miners are switching to Bitcoin Cash (as it is more profitable to mine when compared to Bitcoin). Users and miners are moving away from BTC, and this will cause a decline in the value.
BTC newbie here, I bought in a week ago at 17,300 or so. What are the projections going into next week? I'm down about $600+ at the moment and I'd rather not sell at a loss, but I'm not expert enough at this yet to know if it's just a minor setback before another huge gain. Any ideas on the future coming days/week?
i would just hold and dont panic. look at your gains from month to month.
I hear you it's not good to panic, but just checked again and I'm now down about $900. Is it really expected to grow again in the near future to the 19k levels it was at Saturday? I'm seeing a lot of "don't panic" type posts here and I can't tell if everyone has more experience and knows better or if we're all just being hopeful.
IMO its because coinbase went live with BCH so everyone is selling BTC to buy BCH thats why the BCH is pumping now. Let BTC drop so I can load up on more 
I do not see the logic in this conclusion. Why is someone selling a highly liquid asset and buying another less liquid? Coinbase have added BCH and all people going to sell their BTC and Buy BCH, why?
When ever there's a down trend observed, it would bounce back to more than 150% from the current value. If you could validate the 1 year trend of BTC you may find that this down is normal and nothing to worry.
Hope this down trend would bounce back to $20,000 this New year.
Hope this down trend would bounce back to $20,000 this New year.
BTC newbie here, I bought in a week ago at 17,300 or so. What are the projections going into next week? I'm down about $600+ at the moment and I'd rather not sell at a loss, but I'm not expert enough at this yet to know if it's just a minor setback before another huge gain. Any ideas on the future coming days/week?
i would just hold and dont panic. look at your gains from month to month.
It is getting a bit frightening now. The prices have fallen by more than $3,000 per coin. And at the same time, the exchange rates of Bitcoin Cash has risen by close to 100% (versus BTC). And more worryingly, unlike the past situations South Korea is no longer dominating the Bitcoin Cash volumes.
BTC newbie here, I bought in a week ago at 17,300 or so. What are the projections going into next week? I'm down about $600+ at the moment and I'd rather not sell at a loss, but I'm not expert enough at this yet to know if it's just a minor setback before another huge gain. Any ideas on the future coming days/week?
Seems on the markets at present time BTC has come down. your thoughts on this and why you think it happened?
Do you think it will go back up? if BTC goes down way lower would it be wise to buy more into it
Do you think it will go back up? if BTC goes down way lower would it be wise to buy more into it
It is expected to have a correction after that crazy surge up. This is just normal with bitcoin, and the best opportunity to buy more bitcoin while the price is still down. One day it will surge up again and you will be thankful you bought more of it.
Every day pumps and dumps happen. Don't worry it will get back.
If you go through weekly chart of bitcoin, such ups and downs are expected. Every currency have ups and downs in its trading patterns. Bitcoini is a decentralised currency, its supply is restricted and its demand is ever-growing so there is more volatility in bitcoin. Bitcoin is rising constantly from last six month, it has reached a moderate expected by its investors now these investors are withdrawing their profits. But at the same time new investors are buying bitcoin. As a result bitcoin prices are moving up and down. Such movements are good for any currency.
relax guys 
bitcoin price will be up soon
bitcoin price will be up soon Also, they need to find a ways to reduce the transaction fee and faster confirmation.
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