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Topic: BTC is down (Read 2191 times)

hero member
Activity: 1400
Merit: 536
September 17, 2017, 08:43:38 PM
#71
This is a currency based on exchanges and investors psychology (like every currency ever exists).
Volatility is a fact that everybody should consider it in every analysis or evaluation.
Bitcoin is still in use so never get afraid man.
I think many people are afraid of losing if bitcoin prices go down, so they panic and hastily sell everything they have
Because their fears don't use analysis and evaluation, they sell without any consideration

Bitcoin owners have made more purchases, because Bitcoin in their hand has lost value and has been able to buy it again at a cheaper price and be in balance.
full member
Activity: 210
Merit: 120
September 17, 2017, 07:45:54 PM
#70
Bitcoin is down many more. its now 3800 usd. Is the reason for ban bitcoin on china?
how many decrease can be of bitcoin?
it can down more?
anyone can tell thw news

really  bitcoin price was huge down within some day maybe it is happened due to china banned bitcoin for successful their business plan as buy low, sell high. but now bitcoin is increasing and as far i know, i think bitcoin will never go down below 2400$...

If large whales decide to transfer their assets to bitcoin, they will be able to manipulate the market so that we see the price of 2400, or maybe lower.
Now the price is recovering, but the recovery is gradual
Bitcoin value now is totally down that's why I sell half of my coins to ensure that I wasn't earn losses on my part. However the half of my bitcoin will remain into my wallet if in case to increase again the price of bitcoin in the market.
member
Activity: 77
Merit: 10
Investor on the move ~ Where's the profits???
September 17, 2017, 11:03:38 AM
#69
Exchanges in China wont be operating anymore. Last day is Sept 30 and  customers shuld be removing their bitcoins from exchangers  and probably there will be a panic selling.
full member
Activity: 137
Merit: 100
September 17, 2017, 10:41:05 AM
#68
Bitcoin is down many more. its now 3800 usd. Is the reason for ban bitcoin on china?
how many decrease can be of bitcoin?
it can down more?
anyone can tell thw news

really  bitcoin price was huge down within some day maybe it is happened due to china banned bitcoin for successful their business plan as buy low, sell high. but now bitcoin is increasing and as far i know, i think bitcoin will never go down below 2400$...

If large whales decide to transfer their assets to bitcoin, they will be able to manipulate the market so that we see the price of 2400, or maybe lower.
Now the price is recovering, but the recovery is gradual
sr. member
Activity: 658
Merit: 282
September 17, 2017, 05:39:14 AM
#67
...I'm really not sure why people think that centralized exchanges are vital to the bitcoin economy. Trading p2p is much more efficient and people in china are already starting to do it.

...

Because a big part of the current user base of Bitcoin consists of traders. They need exchanges with an orderbook and preferably also
features like margin trading. OTC or P2P trading may be fine for the casual user, who needs to buy or sell BTC once in a while.
However, it is absolutely impractical for traders, who do multiple trades a day. Especially the guys, who are doing arbitrage or
use scalping-based trading strategies.

hero member
Activity: 812
Merit: 509
September 17, 2017, 05:11:15 AM
#66
I think that there will be more corrections to follow but not all at th same time. It's not going to be a flash crash because there is going to be lots of support to go through. I believe we are still in a bubble right now, though definitely not as big a bubble as when the price was at $5k(since price has decreased close to 33% compared to now).

This dump is definitely generated from China + Jamie Dimon. Both of which have no real affect on the actual workings of bitcoin, but still causes a lot of panic so it seems. I'm really not sure why people think that centralized exchanges are vital to the bitcoin economy. Trading p2p is much more efficient and people in china are already starting to do it.

But anyways, i think we'll bottom out at around $2k this year before bouncing back up to around $2.5k next year and hopefully stabilizing there.
full member
Activity: 546
Merit: 101
★Bitvest.io★ Play Plinko or Invest!
September 17, 2017, 02:55:59 AM
#65
This is gonna be ok, bitcoin prices of course often rise and decrease basically that fluctuates from time to time, i'm sure after this down there will certainly be an increasing back. Don't let this decline be made a panic to selling or hastily take decisions, many said that bitcoin prices will definitely rising in the next month and i believe this.
hero member
Activity: 1078
Merit: 501
September 17, 2017, 02:42:08 AM
#64
Bitcoin is still recovering its price so maybe don't expect too much this week or this Month but I am hoping that maybe Next Month would be a better Month for a bitcoin price, I am hoping that bitcoin will increase next Month and still recovering from what it used to.
full member
Activity: 756
Merit: 103
September 17, 2017, 12:09:29 AM
#63
This is a currency based on exchanges and investors psychology (like every currency ever exists).
Volatility is a fact that everybody should consider it in every analysis or evaluation.
Bitcoin is still in use so never get afraid man.
I think many people are afraid of losing if bitcoin prices go down, so they panic and hastily sell everything they have
Because their fears don't use analysis and evaluation, they sell without any consideration
Yep, these people want to make money fast, but one need to patience and in no time it will tell right answers. Now see today the Bitcoin price as it is moving up.
Only newbies do what they wishes and even they panic to others by posting in forums or on internet news sites.
full member
Activity: 146
Merit: 101
September 17, 2017, 12:00:41 AM
#62
This is a currency based on exchanges and investors psychology (like every currency ever exists).
Volatility is a fact that everybody should consider it in every analysis or evaluation.
Bitcoin is still in use so never get afraid man.

Bitcoin is stil in use as a speculation tool. But it must be used as currency. And without that it will never be strong enought
hero member
Activity: 1974
Merit: 586
Free Crypto Faucet in Trustdice
September 16, 2017, 11:54:33 PM
#61
This is a currency based on exchanges and investors psychology (like every currency ever exists).
Volatility is a fact that everybody should consider it in every analysis or evaluation.
Bitcoin is still in use so never get afraid man.
I think many people are afraid of losing if bitcoin prices go down, so they panic and hastily sell everything they have
Because their fears don't use analysis and evaluation, they sell without any consideration
full member
Activity: 376
Merit: 103
September 16, 2017, 10:49:46 AM
#60
This is a currency based on exchanges and investors psychology (like every currency ever exists).
Volatility is a fact that everybody should consider it in every analysis or evaluation.
Bitcoin is still in use so never get afraid man.
sr. member
Activity: 686
Merit: 250
September 16, 2017, 10:31:55 AM
#59
Yes there is not a point to worried about bitcoin price,
bitcoin will rise again in a few days,
And bro china not ban bitcoin.they banned bitcoin Exchanges.
bitcoin prices continue to show a positive rise after a few days ago experienced a very drastic decline. Chinese society has begun to calm down and can already accept the attitude given by the Chinese government. now we have to think positively that what happened a few days ago is a very valuable learning.
hero member
Activity: 821
Merit: 1003
September 16, 2017, 10:28:11 AM
#58
China market volume was around 10% before the appearance of a wild PBOC

Why isn't the fall proportional to their market share?
full member
Activity: 812
Merit: 108
September 16, 2017, 10:24:11 AM
#57
Yes there is not a point to worried about bitcoin price,
bitcoin will rise again in a few days,
And bro china not ban bitcoin.they banned bitcoin Exchanges.
hero member
Activity: 1148
Merit: 523
CryptoTalk.Org - Get Paid for every Post!
September 16, 2017, 09:46:28 AM
#56
I am sure the BTC is not going down again as few days ago until it reaches the $3300 to make the users of bitcoin become weakened and fear of losing all. but it turns out I see again the graphic development of bitcoin growing up again which has now reached the number $3500, I am very sure bitcoin will progressively recover again at a price higher than now.
Yeah it will not gonna go down before October month hit and i'm sure there's a huge dip will be going to happen. I hope i am right with my instinct that bitcoin will not gonna go down below $3000 when there's a dip. Besides it is also a good opportunity to buy some bitcoin and do  a short term trade.

Ya soon the price of bitcoin reaches the value of 4000$.If it reaches so,many holders will get very huge profit.This the time to inverse in bitcoin or time to brought lot of bitcoin. Soon if the price of bitcoin will reach the old value of 4600$+.Just think how much profit you will have.
sr. member
Activity: 2506
Merit: 368
September 16, 2017, 09:20:06 AM
#55
I am sure the BTC is not going down again as few days ago until it reaches the $3300 to make the users of bitcoin become weakened and fear of losing all. but it turns out I see again the graphic development of bitcoin growing up again which has now reached the number $3500, I am very sure bitcoin will progressively recover again at a price higher than now.
Yeah it will not gonna go down before October month hit and i'm sure there's a huge dip will be going to happen. I hope i am right with my instinct that bitcoin will not gonna go down below $3000 when there's a dip. Besides it is also a good opportunity to buy some bitcoin and do  a short term trade.
sr. member
Activity: 518
Merit: 250
September 16, 2017, 08:05:21 AM
#54
I am sure the BTC is not going down again as few days ago until it reaches the $3300 to make the users of bitcoin become weakened and fear of losing all. but it turns out I see again the graphic development of bitcoin growing up again which has now reached the number $3500, I am very sure bitcoin will progressively recover again at a price higher than now.
full member
Activity: 264
Merit: 100
TV TWO - Connect your TV to ETH Blockchain
September 16, 2017, 07:34:02 AM
#53
Bitcoin is down many more. its now 3800 usd. Is the reason for ban bitcoin on china?
how many decrease can be of bitcoin?
it can down more?
anyone can tell thw news
>

Yes it downs to hell. Near 3000$ .Don't know what is going to happen next. And looks like it will down more.I am too angry with china they blow up all.
The market is very volatile because of these Chinese FUDsters and panic sellers. I wish the Chinese government just ban exchanges by releasing a statement atleast so that we may know when would all these panic ends. These fake hypes are very speculative.
Anyway the price just went above $3500 now but who knows there may be another drop coming soon.
full member
Activity: 316
Merit: 110
September 16, 2017, 07:32:18 AM
#52
ya i saw the price chart the price had fallen by really high numbers firstly i couldn't figure what happened but my felow members informed me that it was because china was banning all the exchanges in their country. I do see the price is rising back now i hope this continues for long

I am very confident that we are going to survive the challenges that we're having right and bitcoin will eventually gain it's higher value again. Currently the price is recovering if you will have to check the latest price updates.
there is already a nice thing when looking at bitcoin prices in various exchanges. it seems like bitcoin has begun to forget the impact of the decision in china. other than that the market also responds quite well so now the price of bitcoin slowly began to increase. the volume is increasing and we have to wait until the bitcoin price is back at 5000 $. hopefully .

How amazing that i noticed that in just 2 days the price played around 2000$ increase went back up to 800$. Damn it china really did made an impact on the price but slowly it has increased again.
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