Topic: f*ki bitcoin price is dropping day by day.. is it me only loosing serious money? - page 2. (Read 2462 times)

Just wait an period an the price will rise again. Bitcoin price is all the time going up and down maybe you want to fast to much.

i think one of the reasons for the recent drop is the ETH massive pump, that market is attracting more and more investment, the money that is being pulled out of bitcoin temporarily

so that money is going to come back with profit and be invested in bitcoin once again hence pushing it up higher this time.

no it's not dying you see bitcoin price is rising from 200usd in 2015 to 400+usd in 2016 and i will prevail due to upcoming halving the reward.

No problem! I believe OKCoin and possibly a few other "regular" exchanges do futures, if that's of interest? Vanilla options just seems limited to Coinut for now, unless Quedex has finally moved off testnet. At least one poster here has offered OTC options trades in the past, as well.

Good luck with that short!

Wow. Bitcoin sub $400, ETH +23% today.

It's like the world's rubbing our noses in it

Thanks a lot for this, I've been looking for a derivative crypto market for a while now, and hadn't found a trusted one yet.

gonna short some ETH, this madness just can't last long.

cheers

Hehe!
That is so crazy.
I'm pretty sure we will make the 100 this year!

"Bitcoin has died 95 times"!

once again bitcoin price went down and once again bitcoin obituaries were published.

i wonder how many we are up to now?!

A couple of weeks back you were wanting advice on safely storing a large amount of BTC. I take it you have >= £15k in BTC, and you're worried about the GBP/USD rate falling over the past few days? This is pretty standard when you hold any currency other than your usual one - people earning in USD and spending in GBP (e.g. working in New York, paying mortgage on house in England) face this every time the exchange rate changes. Pairs of currencies (like USD and GBP, or GBP and BTC) experience price moves all the time, and the volatility of BTC against USD isn't that far away from the volatility of the Euro against USD (~2% and ~1%, respectively).

I can't help with your current situation, beyond saying it's an expensive lesson in carrying out adequate due diligence before making an investment! However, if you're ever in this situation again, with any currency, there are ways to "hedge" to protect yourself against exchange rate fluctuations. If you're a hands-on type investor, check out "options" (in the Bitcoin world there's Coinut and Quedex); if not your bank or IFA should be able to help (it'll be more expensive, obviously, because they'll take a commission).

OK, I can possibly help with your current situation. Ride it out! It's highly unlikely that a few days' down means "never go up again" - yes, it will stop dropping. Alternatively, if you really can't sleep at night - sell BTC until you reach the point where you're not worried. And never invest more than you can afford to lose - the loss of sleep isn't worth any possible gain.

dude bitcoin is fluctuative and this price dropping is very usual, just look back few months ago when bitcoin price at $1000 and then going down fastly and touch $200 at the end,this price stable for about a month and go up again till it reach $500,so i can sure the bitcoin price will increase soon,just wait for it

And since he seems pretty emotional, he clearly invested more than he could afford to lose. In other words, he should sell BTC now, so that he wouldn't be overinvested.
Am I reading you right?

Seems you're not that long in Bitcoinland my friend.
Therefore I welcome you to the rollercoaster!
My advice: Get used to it because it will swing up and down for several more years.
I don't know what your investment plan is, but if it is to stay in Bitcoin for a longer time I wouldn't cash out now when you're already in a loss.
And please do yourself a favour and only invest what you can afford to lose.Greed and looking a for a quick buck is the wrong adviser most of the time.

Like the mad cow disease, shit's even immune to ionizing radiation. Gets right past your blood-brain barrier and eats holes in your brain.
Also got a half life of, like, a million years.

Well, there's always, you know... *YOU*.
Yeah, child porn doesn't have a Chief Pornographer to arrest/central point of failure either, and yet...

EDIT: Don't mean to be rude with the post. Just kind of tired with posts similar to these and was a bit annoyed.

Yep, it'll for sure (halving is near), I'd guess
I'd say have a habit of holding your coins & have some forbearance.

Neh, Bitcoin prices goes beyond(opposite way) people's speculation (mostly) you know.
This' been said(posted) thousand times here AFAIK.

It's not droping now, price stabilazed now and will rise only, i mean it was 389$ ar start of january and 437(march 5th)  so price rises now

You should not behave in such a way. Already each and every user know the fluctuating nature of Bitcoin. So only when Bitcoin price increases we should not praise it. Even when price decreases also we need to accept it.

first of all it is bitcoin and the price will go up and down for the foreseeable future. you have to know this already. and even if you didn't know just take a quick look at a bitcoin price chart which can be found anywhere (bitcoinwisdom.com) the history is there for everybody to see, nothing is hidden, so you can't say I didn't know about the swings.

secondly, if you really think bitcoin is shit, criminal money, blah blah; why did you invest in the first place and why are you here among us criminals

You only lost money if you sold...

Sour graping ETH now are we?