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Topic: dropping value - page 9. (Read 5029 times)

full member
Activity: 686
Merit: 104
October 02, 2017, 08:08:11 AM
in my opinion, the value of bitcoin is down, there must be a reason. for example when the Chinese government closes its bitcoin activity in the country, the impact is instantaneous, bitcoin values continue to fall. if there is the same thing as it happens, it is not impossible, bitcoin value will continue to drop.
hero member
Activity: 756
Merit: 500
October 02, 2017, 08:05:46 AM
Have you never known bitcoin before using it? If yes, that is the reason why you are worried by seeing this, because if someone knows bitcoin, they would know its nature, and they won't panic just because of its fluctuations which are the reason why bitcoin is at the top in the market now a days. We should do some reading, some research before going into something, and when we don't, this is what we face; tension.
sr. member
Activity: 644
Merit: 263
October 02, 2017, 07:49:10 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 was watching this thread and you should now see why I keep saying that always hold your bitcoin no matter how downward it goes. Because we can now witness that bitcoin is going up like crazy. It was just after effect of China thing and people were waiting for the 1st October to appear. They wanted to be sure that no other country bans the ICO and bitcoin use after china which might not have been good choice. That's why price was stuck at one point. See yourself they are assured now and investing and ultimately the prices are gaining for bitcoin.  Cheesy
hero member
Activity: 756
Merit: 500
October 02, 2017, 07:34:10 AM
I believe that the continuous decline in bitcoin price is due to China's shutting down orders of bitcoin exchanges. Many people in the country would have probably sold their bitcoin in panic, added to the fact that many bitcoin mines were in China.

See it an opportunity for you to buy bitcoin since the price is low, you would have a greater return once the bitcoin price recovers.

Yes, the bad news about China has significantly affected the sale of coins and lowered the price of bitcoin, but over time everything is stabilized. I am sure that by the end of the year we will be able to profit from our coins.
Indeed! China has badly affected the crypto market along with lowering the values of bitcoins. No one is going to give up on their coins if they really want a decent profit with bitcoins. Bitcoins are going to pump damn high in the end of year and it is the best time to buy more and more bitcoins.
Why do you want to buy Bitcoin when it pump to high price in the end of this year? If you are sure your prediction will happen, you do not need to wait till the price of Bitcoin increases, really do you want to ignore your chance?
It is really ridiculous to buy bitcoins when they are in the pumping stage. That is the best time of selling off or cashing out bitcoins for enjoying the fruit of your hard work, only a fool can buy bitcoins in the pumping phase.

If you really want big profits, buy bitcoins at the moment because they are not at 4k dollars yet. It is utterly true that bitcoins are going to be at 5k dollars by the end of this year.
No smart person will ever decide to buy the Bitcoins at the time when the prices are going up. Yes, the price of Bitcoin is little low now a days, but in my opinion we must take it as a golden opportunity. It is a prime time for all of us to buy as many Bitcoins as we can right now. This will result in a good amount of profit.
full member
Activity: 406
Merit: 101
September 30, 2017, 07:04:21 AM
I believe that the continuous decline in bitcoin price is due to China's shutting down orders of bitcoin exchanges. Many people in the country would have probably sold their bitcoin in panic, added to the fact that many bitcoin mines were in China.

See it an opportunity for you to buy bitcoin since the price is low, you would have a greater return once the bitcoin price recovers.

Yes, the bad news about China has significantly affected the sale of coins and lowered the price of bitcoin, but over time everything is stabilized. I am sure that by the end of the year we will be able to profit from our coins.
Indeed! China has badly affected the crypto market along with lowering the values of bitcoins. No one is going to give up on their coins if they really want a decent profit with bitcoins. Bitcoins are going to pump damn high in the end of year and it is the best time to buy more and more bitcoins.
Why do you want to buy Bitcoin when it pump to high price in the end of this year? If you are sure your prediction will happen, you do not need to wait till the price of Bitcoin increases, really do you want to ignore your chance?
Exactly! I will agree to what all you have said. I think if you are this much confident that the prices will soon rise, and then there is no point of not buying the Bitcoins at the very present moment. I think you should avail this opportunity so that you can have a handsome amount of profit at the end and life will be amazing you would see.
full member
Activity: 243
Merit: 101
September 30, 2017, 04:45:01 AM
Everyone says "hold, buy as it won't be as cheap as it is now" but once China officially announce that crypto exchanges are banned (in few weeks IMO) then it's price will be $1000 or less. Better sell it now.

I think there is some validity in your statement, but to counter it, take a look at what the Bitcoin price has been doing for the past couple of hours. It's been fluttering around 3,800-3,900. If it was going on a downward plunge, I'd expect the price to have fallen to at least 3,500 by now.
Yes I agree to your comments. Bitcoin will never reach to the price of 1000 dollars. Because compare to the price of today as it is about 4000 US dollars. It will take much time to come to 1000 dollars and I think if it occurs then many of the investors will look towards some other online business like altcoin. I suggest to wait for good days to come and no need to sell bitcoin in this day.
sr. member
Activity: 286
Merit: 250
September 29, 2017, 09:04:49 PM
For sure op is one of those blind people wich bought bitcoin without knowing how it works, just bought and were saving till the price crash, all currencies and assets foes fluctuate along the day crypto isnt different, besides we have small players around and not banks, big fortunes and countries manipulating all. Crypto is full of up and downs, news usually does  affect their values, and those is what had made several new big investors to join this opportunity to earn and make money.
full member
Activity: 938
Merit: 105
September 29, 2017, 08:04:53 PM
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 kind of a test toward bitcoin community, even though it could affect its price in the market and make more investor afraid of losing their money. But its enough to make bitcoin or all cryptos into down. So don't be worried to much, I know bitcoin price and hit again in the market, as we have observed nowadays.
hero member
Activity: 672
Merit: 500
September 29, 2017, 07:50:31 PM
I think the bitcoin price will go back up again. maybe this is just a panic while up and down the bitcoin price is a common thing in trading.
Yes up and down comes in every business but when the bitcoin will rise the result will be mind blowing and this will be lockup to the mouths of those people who were saying it will be zero etc just wait for the moment good time has to come and will give handful of profit to those who didn’t let their coin down and will join the lane of profiteers.
Haha. I never wasting my time to care about those guys, they are very interested in Bitcoin but its price is too high so they tried to do something to make Bitcoin price dumped to buy it at the price they want. Lucky for them that they are famous people so it's not too hard to dump the price of Bitcoin with only their announcement but if someone join cryptocurrency world long enoug I think they will not care about those guys like me Smiley)). If anyone want to join cryptocurrency world they should get used to Bitcoin price dump and pump everyday Smiley)
That is very normal, you are trading cryptocurrency, if the market does not has volatility, how to help you make money, right?
Therefore, the FUDs created by whales and famous people is also normally, because they are the mover and create volatility on the market.
Yes Pump and dump is part of crypto, Panic is not good at all and panic causes loss so stay calm and hold if price is down good days will be ahead, in other senses small panic are good because it welcomes new investors and new investor mean rise in price so not to worry about the dumps these are also favorable when dump occurs buy as much as you can so that you can secure profit with both hands,
hero member
Activity: 1862
Merit: 830
September 29, 2017, 02:32:53 PM
Its completely natural for bitcoins to..show a trend.like this..at the end..thats the reason why people make money out of them.. instead of getting concerned and taking some step while.. you are... Really.... Skeptic about everything you should just let.. it slide past your.. brain and ..just sit and wait for them to rise again.....thats what bitcoins are Known for...😆I Don't think there is any reason for getting worried.. just wait... Soon they will get stabilized.
sr. member
Activity: 420
Merit: 250
September 29, 2017, 02:06:17 PM
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,

Please do check the price movement in the last few years. Check all the ups and the downs and you will see that it's quite regular and expected behavior. So don't worry. And by all means don't sell cheaper than you have bought. Even if it means further waiting.
sr. member
Activity: 1988
Merit: 283
September 29, 2017, 01:51:36 PM
i will advise you to still continue, don't you worry because there will be a time that the market value of bitcoin will increased. It is just a matter of patience and have faith, just like what i did.  Grin
Yeah thats true bro keep calm and buy more coins instead of worrying about bitcoin drop .this scenario always happened even before cause bitcoin always Volatile .  because of some reason from the market which is a low investor or traders. And also from the issue of china which is banning some ICO. Maybe this is just a temporary maybe bitcoin will climbed again and reach the higher value on this end of year  as the predicted value of crypto community. .so if you buy more bitcoin now you will become profitable in the future when bitcoin rocketed
full member
Activity: 659
Merit: 101
September 29, 2017, 01:23:40 PM
I can't believe people are making threads about this.

As long as bitcoins has excisted, prices have gone up and down. It's in the nature of bitcoin. If supply is larger then demand, then the price will drop until demand is larger then supply, when the price will rise again.

You shouldn't convert you bitcoin. Just hold on, and wait until the price will rise again (which will happen).

Bitcoin has not moved this large this fast. These price swings are ridiculous even by bitcoin standards. It dropped $1800 in about 7 days, and mind you that's a larger drop than bitcoin has been worth for the vast majority of its life. A 35% drop (roughly) in a week! We've seen that kind of drop before on a percentage basis (rarely though), but never that magnitude in terms of dollars. And now this morning, bitcoin surged about $900 in 4 hours. Again, a larger price movement in four hours than what bitcoin has been worth for the majority of its life. These movements don't correlate to supply and demand for the coin, but people speculating/gambling/flipping the currency. Chalking this up to "oh, that's supply and demand for ya" is overly simplistic to the point of being semantically true and of zero value.

This bounce actually has the potential to harm, as it's just training a lot of monkeys on these boards that anytime it goes down, that means it's about to go up, so sink all your money into it. That's not how it works, and you're taking on a huge risk you don't even understand in thinking it is.

The part that got me thinking is the last paragraph of your message and that needs serious attention for anyone who means business and its equally a risk at that. Bitcoin price will rise again is based on assumption but what we fail to account for is "at whose expense" or " who is calling the shots" the erratic price level in the last couple of hours is what I seem not to understand but with the way its going, I guess we all need to watch a little more before taking a decision.
All happens are by the rumor from the Chinese market!
The price of Bitcoin and Altcoin have recovered now just by OKcoin and Hunbi exchange consider again about close their exchange in next time Grin
It is just the matter of time if prices goes down they will come up also good days have to come yet and then price will be high and the investor will gain the profit and the best strategy now is to hold the coins and wait for the real time. The time will come and will pay off more than expectation ad then this time will be forgotten that its prices were low.
sr. member
Activity: 742
Merit: 250
September 29, 2017, 01:15:43 PM
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,

On the time you post this, the value of Bitcoin is decreasing, or even decreasing, but it still holds at $ 4,000, which is great. Bitcoin is an electronic currency that is traded everyday and very often so the price fluctuation is normal, even if it decrease so. What you need to do is to be calm, do not rush, panic and sell all the bitcoin you have, that could be the wrong decision because the Bitcoin value will increase and develop further. I used to be like that, because I had no experience so I made the wrong decision. Do not worry, learn Bitcoin thoroughly and you will understand it both in terms of nature and value Cheesy
hero member
Activity: 840
Merit: 500
Borderless for People, Frictionless for Banks
September 29, 2017, 12:49:36 PM
I think the bitcoin price will go back up again. maybe this is just a panic while up and down the bitcoin price is a common thing in trading.
Yes up and down comes in every business but when the bitcoin will rise the result will be mind blowing and this will be lockup to the mouths of those people who were saying it will be zero etc just wait for the moment good time has to come and will give handful of profit to those who didn’t let their coin down and will join the lane of profiteers.
Haha. I never wasting my time to care about those guys, they are very interested in Bitcoin but its price is too high so they tried to do something to make Bitcoin price dumped to buy it at the price they want. Lucky for them that they are famous people so it's not too hard to dump the price of Bitcoin with only their announcement but if someone join cryptocurrency world long enoug I think they will not care about those guys like me Smiley)). If anyone want to join cryptocurrency world they should get used to Bitcoin price dump and pump everyday Smiley)
That is very normal, you are trading cryptocurrency, if the market does not has volatility, how to help you make money, right?
Therefore, the FUDs created by whales and famous people is also normally, because they are the mover and create volatility on the market.
full member
Activity: 196
Merit: 100
September 29, 2017, 10:58:37 AM
I think the bitcoin price will go back up again. maybe this is just a panic while up and down the bitcoin price is a common thing in trading.
Yes up and down comes in every business but when the bitcoin will rise the result will be mind blowing and this will be lockup to the mouths of those people who were saying it will be zero etc just wait for the moment good time has to come and will give handful of profit to those who didn’t let their coin down and will join the lane of profiteers.
Haha. I never wasting my time to care about those guys, they are very interested in Bitcoin but its price is too high so they tried to do something to make Bitcoin price dumped to buy it at the price they want. Lucky for them that they are famous people so it's not too hard to dump the price of Bitcoin with only their announcement but if someone join cryptocurrency world long enoug I think they will not care about those guys like me Smiley)). If anyone want to join cryptocurrency world they should get used to Bitcoin price dump and pump everyday Smiley)
full member
Activity: 420
Merit: 102
September 29, 2017, 10:46:17 AM
I think the bitcoin price will go back up again. maybe this is just a panic while up and down the bitcoin price is a common thing in trading.
Yes up and down comes in every business but when the bitcoin will rise the result will be mind blowing and this will be lockup to the mouths of those people who were saying it will be zero etc just wait for the moment good time has to come and will give handful of profit to those who didn’t let their coin down and will join the lane of profiteers.
full member
Activity: 434
Merit: 103
Thinking on the higher plane of existence.
September 29, 2017, 07:56:27 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,
The right thing to do is to hold. It is normal because Bitcoin is volatile that its value depends on the demand. Fluctuations are always expected, such that there will be times that its value will be low and  ofcourse, there'll also be times that it will be high. If you want to earn huge profit in the future, you should hold a bit longer despite of the backdrops because surely, it'll eventually rise again.

I agree, if everyone would be selling, that is the best time to be buying. Buy when everybody is afraid and dumping. There are tons of evidence that says that bitcoins just have this sudden dips and after the dip we can see a sudden spike in the price. It's a normal occurrence and it has been happening since the halving in 2016.
Yes its true, the price of bitcoin would go down if many individual sold their bitcoins and this is the best time to buy. Because bitcoin's price would go up after that as expert investors would do the same. Always remember that the price of bitcoin is directly affected by buyer's mood and the best strategy is that go against the flow of more people to get the highest income you could get.
full member
Activity: 280
Merit: 101
Blockchain with a Purpose
September 29, 2017, 07:32:38 AM
i will advise you to still continue, don't you worry because there will be a time that the market value of bitcoin will increased. It is just a matter of patience and have faith, just like what i did.  Grin
member
Activity: 115
Merit: 10
September 29, 2017, 07:16:40 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,
We don't need to worry about the marlet price of bitcoin. It may decreased when the demamd is too low but try to think of it. if it goes down, the demand will also down right and if the market value is too low, many people can invest again aand that will cause to increased the demand and if the demand increased, the market valir of bitcoin also increased again. so now, gou don't have to worry about this.
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