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,
Seems you are a Filipino since you are talking about PHP (PESO) and i do assume that you are using coins.ph wallet and now you are asking if its time to convert to php? I would say it would depend on your need of money.If you are in a rush and do have some priority then cash out it and dont bother on the current price but if you do have still money to spend on better to wait on bitcoins price to recover up and dont tend to convert knowing that spreads on coins.ph is horrible. 
Topic: dropping value - page 17. (Read 5028 times)
Great opportunity for short selling, any of the major coins will do, they all follow the same pattern.
I betting on $3500 as bottom then moon.
I betting on $3500 as bottom then moon.
I think you should search about the demand and supply rule ^ anyways the value is dropping because there is not much demand right now..also you can't expect market to be stable ...its anyways a non equilibrium state... And partially thats the reason why people make money out of it... You should hold on.... Ur Bitcoins until and unless u live in china...
Keep buying on lowest lows. And hold for long. This is the bitcoin winning scheme that nobodys reveals.
Buy and hold forget your coins in your ledger nano then you will be happy after few years
Buy and hold forget your coins in your ledger nano then you will be happy after few years
This is one of the best advises in this thread. Don't worry, OP, don't panic, don't sell your coins now when the price is low. If you have spare money you can buy some more even, because now is a good time to buy if you are thinking long term. We can't say whether Bitcoin's price will be lower or higher in few days, but we can be pretty sure that in few years it will be above $7,000 and probably closer to $10,000.
First and foremost:
Check the history of the btc price. It will tell you a lot. You will see similar dips.
Check the history of the btc price. It will tell you a lot. You will see similar dips.
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,
No worries at all, you just need to be relax and don't look much on the charts. Learned to control your emotions because it will drag you down more. Take a break and make yourself out of bitcoin even just a day. Be someone you're before without bitcoin. Even it is decreasing now the possibility to recover is high and doesn't need to be panic at this time.
Keep buying on lowest lows. And hold for long. This is the bitcoin winning scheme that nobodys reveals.
Buy and hold forget your coins in your ledger nano then you will be happy after few years
Buy and hold forget your coins in your ledger nano then you will be happy after few years
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,
We should not panic if we see that the price of the bitcoin is going down. For me it is normal that the price is going down. I am sure that in the next day the price of the bitcoin will rise up again.
Things will get worse before they get better. This is a marathon, not a sprint. I believe we will see BTC below $3000 by the end of the year, but after that it will rebound and make new ATHs.
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,
Op you should ask our fellow Filipino member in our own section Philippines some might find your post irrelevant to the subject you indicated php means philippines pesos, a lot of members here are using usd or larkham I don't know other currencies, however it is good to make a new thread in our section.
I'm in a panic now, I am in a state of panic buying now. This feeling is the same as what I felt before August 1st, I'm too excited, but don't have enough money to buy more bitcoin. Do not convert your bitcoin to your local currency, just hold your bitcoin and relax according to our senior here.
Something going wrong i think reason is that many holders sell currency because they start to lose faith in this system,and when value many currency start to going down many holders in panic sell and value drop.
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 is now declining because of the panic from the bad news and I think it may still decline, but do not rush to sell coins because by the end of the year the price will start to grow again and make a profit.
When the price dumped the best time to buy more btc. I guess there is a panic selling happen that's why bitcoin price is currently downtrend. If I have more funds I'd like to buy at this time and hold for a long term. I just hope it will recover.
It's the anti bitcoin guy from JP Morgan opening his big mouth again.
Erik Voorhees summed it up nicely in this tweet from him:
Erik Voorhees summed it up nicely in this tweet from him:
Quote
My memory is failing, was it Bitcoin or was it JP Morgan that was bailed out by the government? https://twitter.com/CNBC/status/907663994613354496 …
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,
Think about it "A pessimist sees the difficulty in every opportunity; an optimist sees the opportunity in every difficulty" Winston C.
I guess the price is just correcting right now and this also includes the effect of the china issues shenanigans. Well, it looks temporary and will likely go up in the near future but I don't think it will last too long. Right now just be happy you can buy cheap bitcoins. If I had the money I will buy more, I wish I had more money. The price is really low, I think.
LOL mate. We are in the same situation. I wish I have more money now to get bitcoin because its really cheap and would love to accumulate more. Unfortunately, I'm running out of funds now and will probably opt to just hodl on it. That's why is really good to have this kind of healthy correction because those who want to enter the ecosystem can really take this opportunity. I'm assuming that this is just temporary as well and will not last and soon we will see that bitcoin will rebound again and probably touch $5000 once more.
I guess the price is just correcting right now and this also includes the effect of the china issues shenanigans. Well, it looks temporary and will likely go up in the near future but I don't think it will last too long. Right now just be happy you can buy cheap bitcoins. If I had the money I will buy more, I wish I had more money. The price is really low, I think.
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,
Convert bitcoin to php?
Go ahead you may do whatever you like its your bitcoin. That's why people around here said the "weak hands are shaken" and you are one good example of it. If you sell your bitcoin then what's gonna happen to you if you see the price go to $5000? Regretful? That's why members here are advising you not to panic in this situation because bitcoin is very volatile because of a lot of negative news coming from China and JP Morgan CEO Jamie Dimon calling bitcoin as fraud. This is the cause of the price decrease. So just stay calm because once bitcoin recovered you will be happy that you didn't sell your bitcoin today.
Is there any official statement of the prohibition topic? If so, please share a link :-)
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