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Topic: PRICE DOWN - page 3. (Read 4398 times)

hero member
Activity: 616
Merit: 500
August 21, 2015, 07:47:22 AM
#39
yes the price went very down but it will go more down just wait  Smiley
legendary
Activity: 1442
Merit: 1016
August 21, 2015, 07:04:44 AM
#38
Price going up and down that much is nothing new in Bitcoin country.
For new people here that might feel horribly in the beginning. But after a while you get used to it. Grin
So don't worry. Price will have better times in the future. But last and this year is not easy after the last mega bubble Bitcon had.
Furthermore the actual dispute we're having (Blocksize increase or not) doesn't make it better.
Patience and loooong breath is needed to see a constantly rising chart.
legendary
Activity: 1904
Merit: 1074
August 21, 2015, 07:01:09 AM
#37
My advice.... Buy cheap Core Bitcoins while you can. When all of this bounce back, we will see a significant increase in the price.

Bitcoin Core have been very resilient over the years, and have bounced back through worst problems than this. {MtGox / Silkroad / BitLicense .....} I am putting all my eggs into one "Core" basket.

I back them up with some extra node support for Core.  Grin Let's not count our XT chickens before they have hatched.  Wink
full member
Activity: 199
Merit: 100
in the end, you only find the beginning
August 21, 2015, 06:11:21 AM
#36
Bitcoin XT and associated FUD happened.

exactly, im sure that we are giving a bad image, i mean with all those discussion about core vs xt and you know, people fall in panic so faster and easy, maybet thats not the only one reason, but I'm sure it has influenced.
sr. member
Activity: 476
Merit: 251
August 21, 2015, 06:05:07 AM
#35
Slow uptred seems to emerge. Still testing a trading bot of mine, so far it worked OK and now it said buy in. Although sudden drops are pretty hard to predict.
legendary
Activity: 3374
Merit: 1922
Shuffle.com
August 21, 2015, 04:47:29 AM
#34
dem struggle is real to pull back up that price to 300$ tho
but prices go down in an instant XD
maybe gravity is pulling the price down XD
legendary
Activity: 896
Merit: 1000
August 21, 2015, 02:56:10 AM
#33
Ugh so here comes the struggle again. Months to get back to the $300 range, then a slow decline, and the the big boom. Just sky rockets down so fast lol.

it takes months to build up a certain price level, and just a day to make all the hard work vanish. we need to have patience and hopefully we're not going down much more than this.
full member
Activity: 130
Merit: 100
August 21, 2015, 02:10:02 AM
#32
Ugh so here comes the struggle again. Months to get back to the $300 range, then a slow decline, and the the big boom. Just sky rockets down so fast lol.
sr. member
Activity: 448
Merit: 251
August 20, 2015, 05:24:51 PM
#31
The launch of Bitcoin XT is the very reason why the price went down, more than 10% of the network shifted from btc to btc xt in under 72 hours, causing crash. The btc xt is growing to be a separate currency now and I think there are more cons to it than the pro, its effect on market s pretty negative. It increases the 1mb blocks to 8mb blocks for more capacity, being the very reason why btc software doesn't support it making it an individual currency.

You mean to say now bitcoins don't have any future? Need to sell and shift to bitcoin XT?

I mean to say that ofcourse, the capacity needed to be expanded but the division of two separate entities is killing the authenticity of the currency, I think the Btc XT project should be modified or killed asap, it is not benefiting the community on a micro level, and I believe bitcoins do have a future, and I will never sell and shift to anything else, to hell with the XT bullshit. btc all the way.

and why many are selling their bitcoin, so bitcoin price to go down,
that means many are beginning to be afraid to use bitcoin, and switch pro xt ?

They're called weak hands  Grin.
There are some switching over to XT. I personally am going to stick to Bitcoin Core and hope this fork dies. We already saw what effect it had on the price.
sr. member
Activity: 378
Merit: 250
August 20, 2015, 04:00:38 PM
#30
The launch of Bitcoin XT is the very reason why the price went down, more than 10% of the network shifted from btc to btc xt in under 72 hours, causing crash. The btc xt is growing to be a separate currency now and I think there are more cons to it than the pro, its effect on market s pretty negative. It increases the 1mb blocks to 8mb blocks for more capacity, being the very reason why btc software doesn't support it making it an individual currency.

You mean to say now bitcoins don't have any future? Need to sell and shift to bitcoin XT?

I mean to say that ofcourse, the capacity needed to be expanded but the division of two separate entities is killing the authenticity of the currency, I think the Btc XT project should be modified or killed asap, it is not benefiting the community on a micro level, and I believe bitcoins do have a future, and I will never sell and shift to anything else, to hell with the XT bullshit. btc all the way.

and why many are selling their bitcoin, so bitcoin price to go down,
that means many are beginning to be afraid to use bitcoin, and switch pro xt ?

They're called weak hands  Grin.
hero member
Activity: 798
Merit: 1000
Move On !!!!!!
August 20, 2015, 03:57:53 PM
#29
Well people, do not expect the price will be stable until all of this situation with the XT fork and bigger block size doesn't get resolved. We may also see more of the panicky sells as the one that happened yesterday. I guess we will have to remain patient and carry this situation out since I see that everyone are quite nervous about the current situation in the Bitcoin community.
member
Activity: 84
Merit: 10
August 20, 2015, 03:09:08 PM
#28
I woke up and was shock to see the price of BITCOIN fell very sharply, what happened?
current price $237

Many people have made a lot of money on this!
hero member
Activity: 994
Merit: 1000
PUGG.io
August 20, 2015, 12:46:28 PM
#27
This fall in price is due to large scale panic selling and some small scale smart buying.
Bitcoin XT should go away as it is going to destroy the bitcoin and the idea of decentralization behind it.
member
Activity: 98
Merit: 10
August 20, 2015, 09:56:35 AM
#26
I think it's only temporary,, hope  Cry
sr. member
Activity: 252
Merit: 250
August 19, 2015, 01:21:46 PM
#25
we can only hope this nightmare soon end and back as before  Embarrassed
sr. member
Activity: 434
Merit: 250
Young but I'm not that bold
August 19, 2015, 01:14:41 PM
#24
The price has declined for more than week so a lot of people sold their bitcoin to stop their losing
newbie
Activity: 42
Merit: 0
August 19, 2015, 01:04:07 PM
#23
Whales are out and some bigger accounts have follow'ed suit, anybody have any idea if we've seen the worst of it yet?  Is XT any closer to 75% adoption?
hero member
Activity: 616
Merit: 500
To God Be The Glory!
August 19, 2015, 12:36:34 PM
#22
they say it will be stable. and some people say it will increase due to half block reward.
hero member
Activity: 714
Merit: 500
Me, myself and I
August 19, 2015, 11:31:45 AM
#21
I woke up and was shock to see the price of BITCOIN fell very sharply, what happened?
current price $237

Just got online, price at $236 with a 20% increase today, it was a rough night...
yeah like nightmare Cheesy lol
there will be a decrease in price again tonight ?
I dont know look like price will crash again but i hope is will not happen. Will see price want to go up or down.
legendary
Activity: 1862
Merit: 1004
August 19, 2015, 11:01:59 AM
#20
The launch of Bitcoin XT is the very reason why the price went down, more than 10% of the network shifted from btc to btc xt in under 72 hours, causing crash. The btc xt is growing to be a separate currency now and I think there are more cons to it than the pro, its effect on market s pretty negative. It increases the 1mb blocks to 8mb blocks for more capacity, being the very reason why btc software doesn't support it making it an individual currency.

You mean to say now bitcoins don't have any future? Need to sell and shift to bitcoin XT?
It is exactly the opposite. But people are under influence of FUD and started to panic already. Bitcoin users are very sensitive to any form of bad news, you should be aware of that.
Even smallest not-so-positive news can cause people to panic, while ultra positieve news only rise bitcoin price a little. The best answer is always to wait.
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