Is BTC crashing? - page 4. | Bitcointalksearch.org

iv4n

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Quote from: blackangel343 on June 22, 2016, 03:37:06 PM

Bitcoin price is saying it is true , bitcoin price non stop going down i dont know when it will stop but it is so bad i bough some bitcoings 2 days ego but now price is so bad i have lost my money in 2 days but i will not sell we will see what will happen.

Your post shows that you are young in trading and btc, and you catch wrong time for buying. Its easy, on 750 $ traders sold their coins, after this dump in price they will buy again. After this game they will have more coins. Its hard to catch good moment for buying/selling, cause of that trading is not so easy as it seems on first view.
Anyway after so many months under 400 $, you waited to buy on 700 $, you are not to late, but you will need to wait for some profit. Next time try to play it a bit more smarter! Good luck!

realm

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China is gambling on the price after the halving. Once this day is gone and nothing has happened I expect a big dump (at ~ $250). The current volume is so high there that for the next months the price will closely depend on their speculations and believes.

Noojna

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Quote from: RealityTruth on June 22, 2016, 03:47:44 PM

Bitcoin will moon soon!!! Buy quick buy buy now!!! Believe now!! Halving coming!! Lamborghini coming!! Profit now moon moon moon

Not so fast amigo! Price of BTC is already very very high for a currency that is not very useable, not very convenient and that does have a vision for the future as it is very centralised, in China. No, I won't invest in BTC.

richardsNY

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Quote from: helloeverybody on June 22, 2016, 02:58:17 PM

Quote from: richardsNY on June 22, 2016, 02:52:50 PM

Quote from: helloeverybody on June 22, 2016, 02:48:37 PM

The money that's come out of bitcoin doesn't appear to have gone into altcoins which makes me think its been cashed out. I dont think it's a crash though, in the coming weeks i kind of expect an explosion of price, atm whales may well be shaking out the weak, they dont want you there when price goes up or else you cash out. My advice is to hold.

Some wealthy Chinese people have bought Bitcoin in order to get their money out of the country. And as soon as the money is out of the country, these people will directly cash out to their bank accounts.

I've known about Chinese buying alot of bitcoin but i never really thought about them actually cashing out in another country. I'm hopeful that once theyve used bitcoin once they will get the bitcoin bug and invest in it. I hope that's the case, or else you've just ruined my day.

I am quite sure that they will use Bitcoin again as they see it's a great tool to get money out of their so closed country. The only thing is they will most likely only use Bitcoin for that purpose. Let's hope for the best.

RealityTruth

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Bitcoin will moon soon!!! Buy quick buy buy now!!! Believe now!! Halving coming!! Lamborghini coming!! Profit now moon moon moon

snipie

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Quote from: willy_00 on June 21, 2016, 06:11:39 AM

http://prntscr.com/bj2b1e
I am starting to worry now
and I thought the price of BTC is suppose to rise not drop due to the halving.
Supply decreases and demand increase= increasing price

Well the price had jumped very fast to $770 from $500-600 in few days so normally people will start selling to get a fast profit and this had drive the price down, don't worry they will start buying again and the price will rise again

blackangel343

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Bitcoin price is saying it is true , bitcoin price non stop going down i dont know when it will stop but it is so bad i bough some bitcoings 2 days ego but now price is so bad i have lost my money in 2 days but i will not sell we will see what will happen.

enquirer

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Quote from: helloeverybody on June 22, 2016, 02:48:37 PM

The money that's come out of bitcoin doesn't appear to have gone into altcoins

It definitely does go into modern coins. Even the hacked and totally dead DAO overtook Bitcoin by 30% in the last 24 hours.

Barbut

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Quote from: willy_00 on June 21, 2016, 06:11:39 AM

http://prntscr.com/bj2b1e
I am starting to worry now

and I thought the price of BTC is suppose to rise not drop due to the halving.

Supply decreases and demand increase= increasing price

Btc is not crashing, and if we saw a bit price decrease that is not a huge thing. Fluctuations in btc price is something that we see all the time. I don't think its something that need to worry us. Simply price correction, or decreased demand..
We need to be patience, and to not freak out when ever we see price decreasing. I understand that, cause many just wish fast earning, and for people who are hoping for really long run this is just one little thing.

Lucas*

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I think bitcoin is not crashing ! It's just a little period and will rise again ! There is a volatility of bitcoin .

helloeverybody

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Quote from: richardsNY on June 22, 2016, 02:52:50 PM

Quote from: helloeverybody on June 22, 2016, 02:48:37 PM

The money that's come out of bitcoin doesn't appear to have gone into altcoins which makes me think its been cashed out. I dont think it's a crash though, in the coming weeks i kind of expect an explosion of price, atm whales may well be shaking out the weak, they dont want you there when price goes up or else you cash out. My advice is to hold.

Some wealthy Chinese people have bought Bitcoin in order to get their money out of the country. And as soon as the money is out of the country, these people will directly cash out to their bank accounts.

I've known about Chinese buying alot of bitcoin but i never really thought about them actually cashing out in another country. I'm hopeful that once theyve used bitcoin once they will get the bitcoin bug and invest in it. I hope that's the case, or else you've just ruined my day.

richardsNY

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Quote from: helloeverybody on June 22, 2016, 02:48:37 PM

The money that's come out of bitcoin doesn't appear to have gone into altcoins which makes me think its been cashed out. I dont think it's a crash though, in the coming weeks i kind of expect an explosion of price, atm whales may well be shaking out the weak, they dont want you there when price goes up or else you cash out. My advice is to hold.

Some wealthy Chinese people have bought Bitcoin in order to get their money out of the country. And as soon as the money is out of the country, these people will directly cash out to their bank accounts.

helloeverybody

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The money that's come out of bitcoin doesn't appear to have gone into altcoins which makes me think its been cashed out. I dont think it's a crash though, in the coming weeks i kind of expect an explosion of price, atm whales may well be shaking out the weak, they dont want you there when price goes up or else you cash out. My advice is to hold.

mobilestrike

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Quote from: Viyamore on June 22, 2016, 01:26:02 PM

Quote from: socks435 on June 22, 2016, 01:17:27 PM

Quote from: bitcoinisfurture on June 22, 2016, 01:00:45 PM

Quote from: HeroCat on June 21, 2016, 08:23:59 AM

So fast BTC price changes mean that BTC market is not so stable, or there are some players, which buy or sale a lot. Wink

Yes biggest is China, if they decide to sell it will crash like anything and if they buy it will zoom past all records. So big players across globe is dominated by them. Hope it not the big crash this time.

Yeah just lets hope that it will not happen.. china is one the reason why the price is increase.. but i think they are just sell few bitcoin not all.. so that the price will gradually decrease and pumping..

If that happens then it is good for many because they will buy bitcoins at low price but for some investors who bought it for a high price that's not good and to wait for price hike again.

No, it will not good, and now people do not want the price to drop down, they want the price of bitcoin to rise more and if a continuous rise in the price of bitcoin occurred then everyone will start to buy bitcoin with all of their wealth and will get bigger profits.

Pierre 2

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I would not say it a crash. It is just a fix.
Price is getting a fix. It was overrated.

Viyamore

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Quote from: socks435 on June 22, 2016, 01:17:27 PM

Quote from: bitcoinisfurture on June 22, 2016, 01:00:45 PM

Quote from: HeroCat on June 21, 2016, 08:23:59 AM

So fast BTC price changes mean that BTC market is not so stable, or there are some players, which buy or sale a lot. Wink

Yes biggest is China, if they decide to sell it will crash like anything and if they buy it will zoom past all records. So big players across globe is dominated by them. Hope it not the big crash this time.

Yeah just lets hope that it will not happen.. china is one the reason why the price is increase.. but i think they are just sell few bitcoin not all.. so that the price will gradually decrease and pumping..

If that happens then it is good for many because they will buy bitcoins at low price but for some investors who bought it for a high price that's not good and to wait for price hike again.

socks435

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Quote from: bitcoinisfurture on June 22, 2016, 01:00:45 PM

Quote from: HeroCat on June 21, 2016, 08:23:59 AM

So fast BTC price changes mean that BTC market is not so stable, or there are some players, which buy or sale a lot. Wink

Yes biggest is China, if they decide to sell it will crash like anything and if they buy it will zoom past all records. So big players across globe is dominated by them. Hope it not the big crash this time.

Yeah just lets hope that it will not happen.. china is one the reason why the price is increase.. but i think they are just sell few bitcoin not all.. so that the price will gradually decrease and pumping..

bitcoinisfurture

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Quote from: HeroCat on June 21, 2016, 08:23:59 AM

So fast BTC price changes mean that BTC market is not so stable, or there are some players, which buy or sale a lot. Wink

Yes biggest is China, if they decide to sell it will crash like anything and if they buy it will zoom past all records. So big players across globe is dominated by them. Hope it not the big crash this time.

pooya87

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Quote from: willy_00 on June 21, 2016, 06:11:39 AM

h t t p://prntscr.com/bj2b1e
I am starting to worry now

and I thought the price of BTC is suppose to rise not drop due to the halving.

Supply decreases and demand increase= increasing price

this is just a correction because of the sudden rise in addition to panic selling which is always an issue with bitcoin whenever there is any change in the price!

crash would be going back to $450 which is also not likely.

RobinHoodster

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Its not crashing it just has periods that its rising and than again lowering these days, its just unstable but this is logical for such an investment plus the halving is also coming so that makes it also going down and up.

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