dropping value - page 14. | Bitcointalksearch.org

aishyoo17

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Quote from: Emem29 on September 13, 2017, 05:56:56 AM

what's happening in the bitcoin?? Why continue his descent? should we Convert bitcoin in php?? Im worried for this, my bitcoin is still down,

This is not new to bitcoin anymore, situation like this happen almost every year so no need to be worry and you don't have to convert your bitcoin to fiat not unless thats the only source of income you have then you will not have a choice but if not then just HODL.

Aryanto28

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There is a saying that once said life is like a spinning wheel, sometimes we are at the top, we are also below. Just like what's happening with bitcoin now, maybe now the bitcoin price is going down but remember if we were one week ago yesterday the price increased high, did not rule out if one day bitcoin price will rise again.

qwertyup23

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Quote from: marcbitcoins on September 14, 2017, 09:33:38 PM

Quote from: Emem29 on September 13, 2017, 05:56:56 AM

what's happening in the bitcoin?? Why continue his descent? should we Convert bitcoin in php?? Im worried for this, my bitcoin is still down,

Chinese is manipulating the bitcoin and altcoin movement so that if the value goes down they will purchase it at the cheapest price then re invest it again with the higher volume is in their control. I just wont believe that they can control the crypto currencies movement but i think it is happening with the non chinese is on panic to sell it too. Its up to you if you hold or not because both have equal gaining in the end.

Well, China is considered one of the largest trading bitcoin platform around the globe and they have the power to manipulate prices with their decision of closing all digital trading transactions by September 30, 2017. Due to this dilemma, people right now are panic-selling their bitcoins resulting to an increase on the supply that lowers the general prices. The drop in the value is inevitable but take it as an advantage to invest since now or wait until September 30 and observe carefully the price chart of bitcoins.

jaocoincrypto18

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Quote from: Emem29 on September 13, 2017, 05:56:56 AM

what's happening in the bitcoin?? Why continue his descent? should we Convert bitcoin in php?? Im worried for this, my bitcoin is still down,

Bitcoin started at $1 before so no need to worry except if you bought it at $3000 each. I suggest do not sell your bitcoin for now because even i will purchase bitcoin if it reach at below $3000 or cheaper to re invest it again atlest at the lowest capital. Then experience to gain it at the highest value again if China is failed to manipulate bitcoin completely. Thats how trading works.

btc-facebook

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Quote from: pat_13b on September 14, 2017, 09:38:21 PM

The trade volume moved lower and now it's starting to bounce back up. Looks like it's already started a recovery. Just stay calm lol

Well it's look like panic sell is happening , of course it's reasonable since Chinese is holding 20% global market that will affect on bitcoin value
And now , I think the value make an adjustment ! As I can see that bitcoin value currently increase

pat_13b

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The trade volume moved lower and now it's starting to bounce back up. Looks like it's already started a recovery. Just stay calm lol

marcbitcoins

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Quote from: Emem29 on September 13, 2017, 05:56:56 AM

what's happening in the bitcoin?? Why continue his descent? should we Convert bitcoin in php?? Im worried for this, my bitcoin is still down,

Chinese is manipulating the bitcoin and altcoin movement so that if the value goes down they will purchase it at the cheapest price then re invest it again with the higher volume is in their control. I just wont believe that they can control the crypto currencies movement but i think it is happening with the non chinese is on panic to sell it too. Its up to you if you hold or not because both have equal gaining in the end.

serjent05

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Quote from: JoMarrah Iarim Dan on September 14, 2017, 08:51:07 PM

Quote from: Emem29 on September 13, 2017, 05:56:56 AM

what's happening in the bitcoin?? Why continue his descent? should we Convert bitcoin in php?? Im worried for this, my bitcoin is still down,

I have read another, you both have different question but you both have the same thought so you both need a same answer.
In my own opinion as of what I have observe since I was involve in bitcoin, what's happening to bitcoin is just normal(normal to fall the price since bitcoin has no fix price) and nothing to worry about. It happened before right? Then it increase again and it's increase doubled its amount. Don't convert your bitcoin into fiat just keep waiting bitcoin price will skyrocket again! So again "There is nothing to worry about" , don't panic and keep calm. I just don't know when will this price will go high again

I agree volatility this wild is to be expected with Bitcoins. Since Bitcoin price goes up rapidly, it needs to undergo some price correction. But the bad thing is, people saw this correction as an opportunity to FUD the market to push Bitcoin price to go even lower. I believe after the FUD effect is gone bitcoin will be able to regain its price again and eventually set another all time high record.

JoMarrah Iarim Dan

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Quote from: Emem29 on September 13, 2017, 05:56:56 AM

what's happening in the bitcoin?? Why continue his descent? should we Convert bitcoin in php?? Im worried for this, my bitcoin is still down,

I have read another, you both have different question but you both have the same thought so you both need a same answer.
In my own opinion as of what I have observe since I was involve in bitcoin, what's happening to bitcoin is just normal(normal to fall the price since bitcoin has no fix price) and nothing to worry about. It happened before right? Then it increase again and it's increase doubled its amount. Don't convert your bitcoin into fiat just keep waiting bitcoin price will skyrocket again! So again "There is nothing to worry about" , don't panic and keep calm. I just don't know when will this price will go high again

batang_bitcoin

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Quote from: Emem29 on September 13, 2017, 05:56:56 AM

what's happening in the bitcoin?? Why continue his descent? should we Convert bitcoin in php?? Im worried for this, my bitcoin is still down,

It's because of China officially ban ICO and closes bitcoin exchanges and there's another person "big figure" that said bitcoin is a fraud. This people is seeing bitcoin's potential to close his business so he wants people to be scared on investing in bitcoin and he did said that bitcoin is a fraud. Don't worry focus on long term goals and just hold.

v0rtecxz

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Quote from: Akash1243 on September 14, 2017, 05:36:28 PM

Well it was so what expected as Bitcoins price had increased like anything.Bitcoins can't be rising continuously up and never look down.Bitcoin is volatile it is very prone to this ups and downs , it had happened many times before and had survived.Many people starts panicking and sells their btc which they will regret and people who knows how btc works would buy or hold them.But this drop is temporary and btc will recover easily i hope.

I hope your words are true, but now everyone who holds their bitcoin continues to be overwhelmed by panic as the price goes down, and I think holding their bitcoin will feel the great impact, from this decline and panic, I personally feel the impact. From this incident, but I think it can reduce my losses by selling it, and wait to buy it again and save it, because I believe bitcoin will recover and I will keep seeing its progress

Lmaooo

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Bitcoin value may still go down because the market is unstable for now and that may take few days for it to stabilize. Cool

bitcoindusts

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Quote from: sasaki111 on September 14, 2017, 05:30:25 AM

Cause some stupid CEO saying that "Bitcoin is a cheat" , so it makes bitcoin dropping valuable really hard. This world is really fair.

I do not think that CEO word alone affect the bitcoin price. You see there are series of bad news happening around the cryptocurrenct market. ICO banned in China, this is the start of it then many specialist told that Bitcoin is a hiding place of illegal trades and terrorist supports, then the word from that person, but what bring Bitcoin to dip more is the announcement of one of the largest EXchange in China that they will stop their exchange service on Sept. 30. I think there will be more negative news to come, so better brace ourselves. Hold bitcoin during the dip.

Akash1243

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Well it was so what expected as Bitcoins price had increased like anything.Bitcoins can't be rising continuously up and never look down.Bitcoin is volatile it is very prone to this ups and downs , it had happened many times before and had survived.Many people starts panicking and sells their btc which they will regret and people who knows how btc works would buy or hold them.But this drop is temporary and btc will recover easily i hope.

iluvpie60

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I don't think it shoould be a surprise to people.

Bitcoin cannot continuously rise every day for weeks on end, unless a lot of new fiat comes into the market.

So once most people buy into BTC and there isn't much fiat(meaning all people who know about BTC don't have fiat), then the price goes down.

Meaning the market is same supply, but demand is lower. Demand is lower because everyone who can buy btc has it, therefore they don't have any more fiat currency to buy in. Which means supply stays the same and demand goes down = price lowers.

xCryptoManiaX

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In July the market dropped 50% and then tripled! Something like this may happen again, this is why I am waiting for the lowest point to buy in.

dmamigo

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This is what usually happens to every market, its just being too volatile, the falls and rise generally attracts attention. Recent news and other activities with fear of new people and obviously correction most probably has lead to this drop. Again within few months you might see another pump again.
So nothing to fear about the drop atleast for now.

darkangel11

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Quote from: wordspavovv on September 14, 2017, 01:30:03 PM

This is how market works. Panic, people sell, smart people buy and get the their profit at the hype, you should buy even more at this moment! This is the chance for these all people lost the train the first time at 5000 hype

Correct. There has been so many corrections and all of them ended up the same way: with sheep getting scared, selling and missing the next pump, and wolves selling early and then buying as it falls. Remember 2015, how the price was going down for months and reaching a new low after a new low? Whoever bought back then is rich now.

wordspavovv

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This is how market works. Panic, people sell, smart people buy and get the their profit at the hype, you should buy even more at this moment! This is the chance for these all people lost the train the first time at 5000 hype

bitbunnny

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Quote from: sasaki111 on September 14, 2017, 05:30:25 AM

Cause some stupid CEO saying that "Bitcoin is a cheat" , so it makes bitcoin dropping valuable really hard. This world is really fair.

This is not because of stupid CEO but because of stupid Bitcoin users who listen to him and give this statement an importance.
Maybe price currently looks bad but it will recover soon and China happenings will not influence long term on price. And I realy hate when people are saying now how Bitcoin is becoming worthless and couple a days ago they were saying how they will never give up Bitcoins and that they will become millionares.

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