BTC price and its correction. | Bitcointalksearch.org

azguard

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Quote from: ASHLIUSZ on September 12, 2017, 05:49:05 PM

Quote from: HalfDeck on September 12, 2017, 11:46:48 AM

Quote from: btc78 on September 04, 2017, 01:55:08 PM

Quote from: amacar2 on September 04, 2017, 01:42:43 PM

Quote from: Carlsen on September 04, 2017, 08:35:55 AM

It's not only a bitcoin price correction anymore.
All the crypto currencies have a rather bad day today.
Mainly because of the ICO ban I suppose.
In fact bitcoin is doing much better than most altcoins.
Of course when a very important method on how altcoins get their funds is removed, that has to affect the whole market.
But for the bitcoin price, maybe less altcoins will be a benefit in the end.

Yes current blood bath in crypto market is just because of partial news of chinese authority banning ICO, but I think this shouldn't have any connection with bitcoin because they are only talking about regulating and banning bad ICOs not bitcoin or crypto trading.

NEO and ETH price have dumped hard because of panic from this news but I think both of them including bitcoin will recover really fast in next few weeks.

Just don't sell anything you have right now.

Lesson learn for me again today. Not to sell during panic times. Although I got nervous today seeing the price going down by the hour and touch below $4200 now going to $4xxx. I guess the negative news coming from Chinese regarding banning ICO are being felt today.

That is right, when you sell your Bitcoin during panic times, it just makes you have loss and feel regret after panic selling ended. But you do not need feel sadly after that, because it gives you some experiences very useful for your road become a professional traders.

Right now the price decline is not because of the correction, but this has been mentioned as the impact of the ongoing issue in China. The price started to retain with minor fluctuations and soon this will pump taking it to go higher than the long expected $5000. As stated in the above quote the experience plays a major role in the trading.

It not just China how is at the moment impacting for bitcoin price, article in guardian also going in this way. As mentioned in this article by JP Morgan boss Jamie Dimon, he is saying that bitcoin use is fit for drug dealers, murderers and people of North Korea. No good for the ones that are reading this, but he also mentioned that bitcoin is a fraud. Did he see how bitcoin evolved this year, i would say no.

Not to mentioned that many think that bitcoin will never be good or valued enough this year have proven to be other wise. We saw price go boom and this correction is something that will go for next few weeks maybe even this month. This is not the way for executives from one of the major if not the major bank in US put some lines like this. Cuz we are not drug dealers or murderers here, we are miners and workers who do some jobs or tasks for bircoin cuz we believe and love bitcoin.

Anyway here is the whole article and you all state your point of view.
https://www.theguardian.com/technology/2017/sep/13/bitcoin-fraud-jp-morgan-cryptocurrency-drug-dealers

DrGuns4Hands

hero member

Activity: 910

Merit: 550

Quote from: edmond_dantes on September 13, 2017, 10:36:17 AM

Bitcoin looks like it is going down to 2000 geeze this is bad

That's not bad. because if bitcoin price reach that price i definitely buy a couple of bitcoins since the price is low and afterwards bitcoin price will go bubble again and that's the right time to sell the bitcoins that i buy at low price. Trading is the best.

consigliere

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Activity: 476

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Quote from: ft73 on September 13, 2017, 10:36:58 AM

Quote from: consigliere on September 13, 2017, 10:28:01 AM

Quote from: adam1230 on September 13, 2017, 09:57:54 AM

From the charts and my vision it seems we are going to 3200-3300 band in short term.
Then we will see a jump from that support which is around %50 Fibonacci level.
Lets see what chinese goverment will give us

Don't you think that 2000 price is possible?

I think that there's a difference betweed probability and possibility.
So far 3400$ is probable, at least to some degree.

2000$ or even 0$ are possible, but not much probable for now ... Wink

lol I agree, sorry eng isn't my native language Cry

ft73

hero member

Activity: 564

Merit: 508

Quote from: consigliere on September 13, 2017, 10:28:01 AM

Quote from: adam1230 on September 13, 2017, 09:57:54 AM

From the charts and my vision it seems we are going to 3200-3300 band in short term.
Then we will see a jump from that support which is around %50 Fibonacci level.
Lets see what chinese goverment will give us

Don't you think that 2000 price is possible?

I think that there's a difference betweed probability and possibility.
So far 3400$ is probable, at least to some degree.

2000$ or even 0$ are possible, but not much probable for now ... Wink

edmond_dantes

member

Activity: 84

Merit: 10

Bitcoin looks like it is going down to 2000 geeze this is bad

consigliere

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Activity: 476

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Quote from: adam1230 on September 13, 2017, 09:57:54 AM

From the charts and my vision it seems we are going to 3200-3300 band in short term.
Then we will see a jump from that support which is around %50 Fibonacci level.
Lets see what chinese goverment will give us

Don't you think that 2000 price is possible?

adam1230

legendary

Activity: 1218

Merit: 1001

From the charts and my vision it seems we are going to 3200-3300 band in short term.
Then we will see a jump from that support which is around %50 Fibonacci level.
Lets see what chinese goverment will give us

consigliere

full member

Activity: 476

Merit: 103

Quote from: JanpriX on September 12, 2017, 05:59:10 PM

Quote from: consigliere on September 03, 2017, 02:18:24 PM

Hi everyone. New in crypto and very enthusiastic about it. Have some questions as lately bought some btc. How do you think guys will present correction of btc take much time? As I hopped to buy some eth also before the Metropolis. Can this correction of btc influence eth price so that metropolis release will have no effect on eth price? Thank you for any thoughts.

We could say that BTC is the father of all crypto and with all of the correction that's happening to it right now, other altcoins will also get affected by it. I'm seeing that this correction will be going for a month or two before getting back on its track again to test the $6k area. With that being said, altcoins such as ETH will be in the downtrend for the time being. Grab the opportunity and stack up your BTC stash and your altcoin bags.

Thanks for advice, I'm not gonna panic sell and will keep for long

JanpriX

hero member

Activity: 1708

Merit: 606

Buy The F*cking Dip

Quote from: consigliere on September 03, 2017, 02:18:24 PM

Hi everyone. New in crypto and very enthusiastic about it. Have some questions as lately bought some btc. How do you think guys will present correction of btc take much time? As I hopped to buy some eth also before the Metropolis. Can this correction of btc influence eth price so that metropolis release will have no effect on eth price? Thank you for any thoughts.

We could say that BTC is the father of all crypto and with all of the correction that's happening to it right now, other altcoins will also get affected by it. I'm seeing that this correction will be going for a month or two before getting back on its track again to test the $6k area. With that being said, altcoins such as ETH will be in the downtrend for the time being. Grab the opportunity and stack up your BTC stash and your altcoin bags.

ASHLIUSZ

hero member

Activity: 994

Merit: 502

Quote from: HalfDeck on September 12, 2017, 11:46:48 AM

Quote from: btc78 on September 04, 2017, 01:55:08 PM

Quote from: amacar2 on September 04, 2017, 01:42:43 PM

Quote from: Carlsen on September 04, 2017, 08:35:55 AM

It's not only a bitcoin price correction anymore.
All the crypto currencies have a rather bad day today.
Mainly because of the ICO ban I suppose.
In fact bitcoin is doing much better than most altcoins.
Of course when a very important method on how altcoins get their funds is removed, that has to affect the whole market.
But for the bitcoin price, maybe less altcoins will be a benefit in the end.

Yes current blood bath in crypto market is just because of partial news of chinese authority banning ICO, but I think this shouldn't have any connection with bitcoin because they are only talking about regulating and banning bad ICOs not bitcoin or crypto trading.

NEO and ETH price have dumped hard because of panic from this news but I think both of them including bitcoin will recover really fast in next few weeks.

Just don't sell anything you have right now.

Lesson learn for me again today. Not to sell during panic times. Although I got nervous today seeing the price going down by the hour and touch below $4200 now going to $4xxx. I guess the negative news coming from Chinese regarding banning ICO are being felt today.

That is right, when you sell your Bitcoin during panic times, it just makes you have loss and feel regret after panic selling ended. But you do not need feel sadly after that, because it gives you some experiences very useful for your road become a professional traders.

Right now the price decline is not because of the correction, but this has been mentioned as the impact of the ongoing issue in China. The price started to retain with minor fluctuations and soon this will pump taking it to go higher than the long expected $5000. As stated in the above quote the experience plays a major role in the trading.

consigliere

full member

Activity: 476

Merit: 103

Quote from: azguard on September 12, 2017, 02:23:30 PM

Quote from: HalfDeck on September 12, 2017, 11:46:48 AM

Quote from: btc78 on September 04, 2017, 01:55:08 PM

Quote from: amacar2 on September 04, 2017, 01:42:43 PM

Quote from: Carlsen on September 04, 2017, 08:35:55 AM

It's not only a bitcoin price correction anymore.
All the crypto currencies have a rather bad day today.
Mainly because of the ICO ban I suppose.
In fact bitcoin is doing much better than most altcoins.
Of course when a very important method on how altcoins get their funds is removed, that has to affect the whole market.
But for the bitcoin price, maybe less altcoins will be a benefit in the end.

Yes current blood bath in crypto market is just because of partial news of chinese authority banning ICO, but I think this shouldn't have any connection with bitcoin because they are only talking about regulating and banning bad ICOs not bitcoin or crypto trading.

NEO and ETH price have dumped hard because of panic from this news but I think both of them including bitcoin will recover really fast in next few weeks.

Just don't sell anything you have right now.

Lesson learn for me again today. Not to sell during panic times. Although I got nervous today seeing the price going down by the hour and touch below $4200 now going to $4xxx. I guess the negative news coming from Chinese regarding banning ICO are being felt today.

That is right, when you sell your Bitcoin during panic times, it just makes you have loss and feel regret after panic selling ended. But you do not need feel sadly after that, because it gives you some experiences very useful for your road become a professional traders.

Made those panic sells in early stages when I started with bitcoin and any crypto then i realize how thing are going now with lot of experience i mainly wait and that is advice that i will give to anyone wait. If you want to make some risk now try some ICOs but be very careful with this investment cuz most end bad, very rarely i saw that they return fund when it was out of there goal.

Yeah, also participated in the first ico for me (blackmoon), looks promising, at least ico with good team

azguard

legendary

Activity: 1484

Merit: 1001

Crypto-News.net: News from Crypto World

Quote from: HalfDeck on September 12, 2017, 11:46:48 AM

Quote from: btc78 on September 04, 2017, 01:55:08 PM

Quote from: amacar2 on September 04, 2017, 01:42:43 PM

Quote from: Carlsen on September 04, 2017, 08:35:55 AM

It's not only a bitcoin price correction anymore.
All the crypto currencies have a rather bad day today.
Mainly because of the ICO ban I suppose.
In fact bitcoin is doing much better than most altcoins.
Of course when a very important method on how altcoins get their funds is removed, that has to affect the whole market.
But for the bitcoin price, maybe less altcoins will be a benefit in the end.

Yes current blood bath in crypto market is just because of partial news of chinese authority banning ICO, but I think this shouldn't have any connection with bitcoin because they are only talking about regulating and banning bad ICOs not bitcoin or crypto trading.

NEO and ETH price have dumped hard because of panic from this news but I think both of them including bitcoin will recover really fast in next few weeks.

Just don't sell anything you have right now.

Lesson learn for me again today. Not to sell during panic times. Although I got nervous today seeing the price going down by the hour and touch below $4200 now going to $4xxx. I guess the negative news coming from Chinese regarding banning ICO are being felt today.

That is right, when you sell your Bitcoin during panic times, it just makes you have loss and feel regret after panic selling ended. But you do not need feel sadly after that, because it gives you some experiences very useful for your road become a professional traders.

Made those panic sells in early stages when I started with bitcoin and any crypto then i realize how thing are going now with lot of experience i mainly wait and that is advice that i will give to anyone wait. If you want to make some risk now try some ICOs but be very careful with this investment cuz most end bad, very rarely i saw that they return fund when it was out of there goal.

HalfDeck

full member

Activity: 223

Merit: 250

Quote from: btc78 on September 04, 2017, 01:55:08 PM

Quote from: amacar2 on September 04, 2017, 01:42:43 PM

Quote from: Carlsen on September 04, 2017, 08:35:55 AM

It's not only a bitcoin price correction anymore.
All the crypto currencies have a rather bad day today.
Mainly because of the ICO ban I suppose.
In fact bitcoin is doing much better than most altcoins.
Of course when a very important method on how altcoins get their funds is removed, that has to affect the whole market.
But for the bitcoin price, maybe less altcoins will be a benefit in the end.

Yes current blood bath in crypto market is just because of partial news of chinese authority banning ICO, but I think this shouldn't have any connection with bitcoin because they are only talking about regulating and banning bad ICOs not bitcoin or crypto trading.

NEO and ETH price have dumped hard because of panic from this news but I think both of them including bitcoin will recover really fast in next few weeks.

Just don't sell anything you have right now.

Lesson learn for me again today. Not to sell during panic times. Although I got nervous today seeing the price going down by the hour and touch below $4200 now going to $4xxx. I guess the negative news coming from Chinese regarding banning ICO are being felt today.

That is right, when you sell your Bitcoin during panic times, it just makes you have loss and feel regret after panic selling ended. But you do not need feel sadly after that, because it gives you some experiences very useful for your road become a professional traders.

Freedom Force

jr. member

Activity: 35

Merit: 10

Byteball: DAG, Built-in Chat, Conditional Payments

It seems these corrections are really good for the price... Bitcoin has gone up again and it looks stronger than ever.

MintCondition

legendary

Activity: 1147

Merit: 1007

Quote from: Tyrantt on September 05, 2017, 07:14:24 PM

Price going up for sure in the next few years, corrections will lower it for a couple of hundreds of $ for some time untill it gets over the higher price before corrections. Buy now if and how much you can and hold, you won't lose anything for sure.

Yup,buy now or collect more since it can be a good investment for the future. Long term investment can be the best way to earn without too much risk since btc will surely increase a lot soon.

Tyrantt

hero member

Activity: 1022

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Need some spare btc for a new PC

Price going up for sure in the next few years, corrections will lower it for a couple of hundreds of $ for some time untill it gets over the higher price before corrections. Buy now if and how much you can and hold, you won't lose anything for sure.

carriebee

sr. member

Activity: 1148

Merit: 251

Quote from: BunnyShibe on September 05, 2017, 05:43:29 PM

Quote from: mast3rm1nd on September 04, 2017, 07:33:29 PM

there are people here who are speculating this will be a long correction. let's hope for the best; don't buy yet.

i think that people are not expecting any correction in near future, because the correction is already over in previous days, i think that the current downfall is only because of the China issue who banned ICOs but now the price of bitcoin is recovering again and hope that very soon we will see that bitcoin will recover its previous position very soon and will every continue increasing. i think the present time is the best time to invest our assets in bitcoin because the price of bitcoin is already trading in a low price and hope that very soon its price will start increasing.

There are many bitcoiners speculating on the bitcoin price. As the value already have been downfall lately and it will recover again. And I think price will reach into high as many says btc will hit again in the market. Yes I agree it is the best to buy abd hold because you can gain profit for sure.

BunnyShibe

sr. member

Activity: 350

Merit: 250

Quote from: mast3rm1nd on September 04, 2017, 07:33:29 PM

there are people here who are speculating this will be a long correction. let's hope for the best; don't buy yet.

i think that people are not expecting any correction in near future, because the correction is already over in previous days, i think that the current downfall is only because of the China issue who banned ICOs but now the price of bitcoin is recovering again and hope that very soon we will see that bitcoin will recover its previous position very soon and will every continue increasing. i think the present time is the best time to invest our assets in bitcoin because the price of bitcoin is already trading in a low price and hope that very soon its price will start increasing.

panju1

legendary

Activity: 1246

Merit: 1000

Quote from: HalfDeck on September 05, 2017, 12:16:19 PM

Quote from: BCTBF on September 04, 2017, 04:46:53 PM

Quote from: btc78 on September 04, 2017, 01:55:08 PM

Quote from: amacar2 on September 04, 2017, 01:42:43 PM

Quote from: Carlsen on September 04, 2017, 08:35:55 AM

It's not only a bitcoin price correction anymore.
All the crypto currencies have a rather bad day today.
Mainly because of the ICO ban I suppose.
In fact bitcoin is doing much better than most altcoins.
Of course when a very important method on how altcoins get their funds is removed, that has to affect the whole market.
But for the bitcoin price, maybe less altcoins will be a benefit in the end.

Yes current blood bath in crypto market is just because of partial news of chinese authority banning ICO, but I think this shouldn't have any connection with bitcoin because they are only talking about regulating and banning bad ICOs not bitcoin or crypto trading.

NEO and ETH price have dumped hard because of panic from this news but I think both of them including bitcoin will recover really fast in next few weeks.

Just don't sell anything you have right now.

Lesson learn for me again today. Not to sell during panic times. Although I got nervous today seeing the price going down by the hour and touch below $4200 now going to $4xxx. I guess the negative news coming from Chinese regarding banning ICO are being felt today.

You have been very good at controlling your emotions not to sell when dumping, hold bitcoin now is a good pillar for me because I also do not sell it during dumped because of news about ICO from china. I'm sure the bitcoin price will recover soon.

If you have strategy sell Bitcoin at highest price around $4,9xx you will receive second round for earn profit in Bitcoin or exchange to FIAT if you worry about future of it. Of course, there are not have many people understand this issue, and they always skip their opportunity for other traders

You are assuming the past will repeat itself. That is a common fallacy. Just because the last peak was around $5000 doesn't mean that it will happen again. The next time, Bitcoin could race to $6000 and you will miss out on profits.

BitcoinsGreat

sr. member

Activity: 994

Merit: 280

Quote from: btc78 on September 04, 2017, 01:55:08 PM

Quote from: amacar2 on September 04, 2017, 01:42:43 PM

Quote from: Carlsen on September 04, 2017, 08:35:55 AM

It's not only a bitcoin price correction anymore.
All the crypto currencies have a rather bad day today.
Mainly because of the ICO ban I suppose.
In fact bitcoin is doing much better than most altcoins.
Of course when a very important method on how altcoins get their funds is removed, that has to affect the whole market.
But for the bitcoin price, maybe less altcoins will be a benefit in the end.

Yes current blood bath in crypto market is just because of partial news of chinese authority banning ICO, but I think this shouldn't have any connection with bitcoin because they are only talking about regulating and banning bad ICOs not bitcoin or crypto trading.

NEO and ETH price have dumped hard because of panic from this news but I think both of them including bitcoin will recover really fast in next few weeks.

Just don't sell anything you have right now.

Lesson learn for me again today. Not to sell during panic times. Although I got nervous today seeing the price going down by the hour and touch below $4200 now going to $4xxx. I guess the negative news coming from Chinese regarding banning ICO are being felt today.

People are just mad here who sell on this news which is in fact not a bad news at all. I first thought only bitcoin was down but then i opened my Poloniex account and saw a red blood bath of all the altcoins too which made me surprised. Now after few hours i again touched the exchange and saw the green rises in all the altcoins. The dump is just temporary and will not last long.

Topic: BTC price and its correction. (Read 1983 times)