Author

Topic: PRICE DOWN (Read 4421 times)

legendary
Activity: 910
Merit: 1000
October 13, 2015, 07:30:19 AM
#79
Bitcoin was a excitement that Has been subsided
This a valid statement on a forum about bitcoin? Sounds like you are giving up on it's potential.
 Undecided
hero member
Activity: 714
Merit: 500
Me, myself and I
September 02, 2015, 04:34:20 PM
#78
Bitcoin was a excitement that Has been subsided

What do you mean? yes the price of Bitcoin is still low but im sure bitcoin will survive and come strong again. bitcoin always get too much of a issues
hero member
Activity: 546
Merit: 500
September 02, 2015, 07:58:21 AM
#77
Bitcoin was a excitement that Has been subsided
full member
Activity: 210
Merit: 100
September 01, 2015, 06:59:03 PM
#76
I woke up and was shock to see the price of BITCOIN fell very sharply, what happened?
current price $237

Fear of failure Bitcoin Project ..... and the last one was Bitcoin XT ....... Bitcoin network has many Defects that discovered over the time ......

well we aint having too many options though, since most of the people are agreeing with the bitcoin split.

so theres not much with if, its a matter of when we all have to hope on bitcoin xt..
hero member
Activity: 616
Merit: 500
To God Be The Glory!
September 01, 2015, 06:56:00 PM
#75
price will down and down and down. so sell your coins now before price is lowest than now  Grin i'm already sell all my bitcoin and wait price down under $200 i will buy again bitcoin

good luck with your selling. waiting for the price to go below $200 might not happen at all. however, it might go down to very low $200 level. but it's definitely not worth selling now and hoping to buy back a little cheaper.

Because when you buy again you have to pay big comissions (if you deposit from credit card) or taxes like sales tax, etc...

Its better to buy & hold forever, or until btc reaches 1 million $, then buy a lamborghini directly with it.

bitcoin wont neverever hit a million not this time or next year not ever. many people will soon use bitcoin the price may go down!
hero member
Activity: 1005
Merit: 500
August 23, 2015, 06:57:16 PM
#74
price will down and down and down. so sell your coins now before price is lowest than now  Grin i'm already sell all my bitcoin and wait price down under $200 i will buy again bitcoin

good luck with your selling. waiting for the price to go below $200 might not happen at all. however, it might go down to very low $200 level. but it's definitely not worth selling now and hoping to buy back a little cheaper.

Because when you buy again you have to pay big comissions (if you deposit from credit card) or taxes like sales tax, etc...

Its better to buy & hold forever, or until btc reaches 1 million $, then buy a lamborghini directly with it.
i bought some coins yesterday because i don't think it will drop below $200 so from that view it's a good investment for me. and if it goes below $200 i will buy some more.
hero member
Activity: 854
Merit: 1009
JAYCE DESIGNS - http://bit.ly/1tmgIwK
August 23, 2015, 06:31:45 PM
#73
price will down and down and down. so sell your coins now before price is lowest than now  Grin i'm already sell all my bitcoin and wait price down under $200 i will buy again bitcoin

good luck with your selling. waiting for the price to go below $200 might not happen at all. however, it might go down to very low $200 level. but it's definitely not worth selling now and hoping to buy back a little cheaper.

Because when you buy again you have to pay big comissions (if you deposit from credit card) or taxes like sales tax, etc...

Its better to buy & hold forever, or until btc reaches 1 million $, then buy a lamborghini directly with it.
legendary
Activity: 896
Merit: 1000
August 23, 2015, 05:24:35 PM
#72
price will down and down and down. so sell your coins now before price is lowest than now  Grin i'm already sell all my bitcoin and wait price down under $200 i will buy again bitcoin

good luck with your selling. waiting for the price to go below $200 might not happen at all. however, it might go down to very low $200 level. but it's definitely not worth selling now and hoping to buy back a little cheaper.
hero member
Activity: 854
Merit: 1009
JAYCE DESIGNS - http://bit.ly/1tmgIwK
August 23, 2015, 02:35:06 PM
#71
price will down and down and down. so sell your coins now before price is lowest than now  Grin i'm already sell all my bitcoin and wait price down under $200 i will buy again bitcoin

You buy them for 200$, and tomorrow the price will be 190$, then what to do?

Its more like 200€ so 220$ right now. It could go to 190€ which is a 5% DD, so i guess just wait and see.

I dont know if you want to enter the market with pinpoint accuracy, or that its even possible, because as soon as it hits 190€ so many people will buy that you will be lucky to get it at 220€, so i think its better to just buy now at 200€.
sr. member
Activity: 294
Merit: 250
August 23, 2015, 01:22:25 PM
#70
quoted from other page :

"they see the charts go down a bit and get all emotional. they think the money is gone, not knowing the concept of unrealized vs. realized gains/loss"
legendary
Activity: 1610
Merit: 1008
August 23, 2015, 11:17:40 AM
#69
price will down and down and down. so sell your coins now before price is lowest than now  Grin i'm already sell all my bitcoin and wait price down under $200 i will buy again bitcoin

You buy them for 200$, and tomorrow the price will be 190$, then what to do?
legendary
Activity: 1862
Merit: 1015
August 23, 2015, 11:15:11 AM
#68
price will down and down and down. so sell your coins now before price is lowest than now  Grin i'm already sell all my bitcoin and wait price down under $200 i will buy again bitcoin

Actually I can sell mine because I'm bought bits at higher rate. If I sell , it means I making more loss.

I seriously dont like the BITCOIN XT approach, it will really divide bitcoin, and ruthless miners dont seem to care ,they just want to mine some easy coin.

....

Yeah it's make a headache every day because of this incident
sr. member
Activity: 266
Merit: 250
August 23, 2015, 11:10:31 AM
#67
price will down and down and down. so sell your coins now before price is lowest than now  Grin i'm already sell all my bitcoin and wait price down under $200 i will buy again bitcoin
hero member
Activity: 546
Merit: 500
August 23, 2015, 09:20:31 AM
#66
I woke up and was shock to see the price of BITCOIN fell very sharply, what happened?
current price $237

Fear of failure Bitcoin Project ..... and the last one was Bitcoin XT ....... Bitcoin network has many Defects that discovered over the time ......
legendary
Activity: 1456
Merit: 1023
August 23, 2015, 07:58:07 AM
#65
i think price will go up after a few weeks bitcoin will never crash to zero as a lot of people are interested in using it

ya expect a few more weeks will go up. perhaps bitcoin will rise after a problem bitcoin core and XT finishes.

Yes all bitcoiners are hoping for that and situation also looks good but may need to wait for few more months to raise prices again.
full member
Activity: 159
Merit: 100
August 23, 2015, 07:34:41 AM
#64
I seriously dont like the BITCOIN XT approach, it will really divide bitcoin, and ruthless miners dont seem to care ,they just want to mine some easy coin.

We the savers who saved our money in bitcoin should be the one protesting against their imbecility, and the devs who push this XT crap.

Damnit why cant they just fking increase the protocol to 2 MB and leave these craps. Or use an offchain model like bitpay or whatever.

We do not know for certain that it will "really divide bitcoin", perhaps a huge majority will support the only remaining valid fork?

It has already divided many, but its clear the majority don't want it, but if that's the case then it will not succeed. The whole situation was handled very poorly.
legendary
Activity: 1232
Merit: 1000
August 23, 2015, 07:11:02 AM
#63
i think price will go up after a few weeks bitcoin will never crash to zero as a lot of people are interested in using it

ya expect a few more weeks will go up. perhaps bitcoin will rise after a problem bitcoin core and XT finishes.
hero member
Activity: 616
Merit: 503
★Bitvest.io★ Play Plinko or Invest!
August 22, 2015, 02:21:57 PM
#62
A consensus is always preferable to this kind of fork concurrence, don't you think ? 
legendary
Activity: 2114
Merit: 1040
A Great Time to Start Something!
August 22, 2015, 02:00:27 PM
#61
I seriously dont like the BITCOIN XT approach, it will really divide bitcoin, and ruthless miners dont seem to care ,they just want to mine some easy coin.

We the savers who saved our money in bitcoin should be the one protesting against their imbecility, and the devs who push this XT crap.

Damnit why cant they just fking increase the protocol to 2 MB and leave these craps. Or use an offchain model like bitpay or whatever.

We do not know for certain that it will "really divide bitcoin", perhaps a huge majority will support the only remaining valid fork?
hero member
Activity: 854
Merit: 1009
JAYCE DESIGNS - http://bit.ly/1tmgIwK
August 22, 2015, 01:53:17 PM
#60
I seriously dont like the BITCOIN XT approach, it will really divide bitcoin, and ruthless miners dont seem to care ,they just want to mine some easy coin.

We the savers who saved our money in bitcoin should be the one protesting against their imbecility, and the devs who push this XT crap.

Damnit why cant they just fking increase the protocol to 2 MB and leave these craps. Or use an offchain model like bitpay or whatever.
hero member
Activity: 854
Merit: 1009
JAYCE DESIGNS - http://bit.ly/1tmgIwK
August 22, 2015, 01:50:57 PM
#59
UK stocks bombed today but I doubt their price will go to zero. Be patient.

Oh no.... Not that argument again.
Stock markets are unlikely to go to zero because companies do generate cash flows and there is intrinsic value associated with them.
Bitcoin is a different story all together.

Not all of them, most of cash flow in a company is just buying back shares with printed money.

Financial companies dont generate any income other than playing around with the markets. They will most likely reach 0.


Not to mention every company has a greater debt than income ,so if they go bankrupt due to the pressure, they will reach 0.
legendary
Activity: 3808
Merit: 1219
August 22, 2015, 07:54:45 AM
#58
Agree i never have dream bitcoin reach up to $1300 and i think around 500-700 is possible. Even now price drop, im still believe price will up before halving

Last time, the price went up after the halving, and not before that. I hope that this time also that will be the case. But there is a chance that Bitcoin might go to sub-200 prices before that might happen. A number of factors will affect the exchange rate, including the strength of the USD, health of the global stock markets.etc.
hero member
Activity: 714
Merit: 500
Me, myself and I
August 22, 2015, 06:18:14 AM
#57
do not expect that the BTC can be translucent at a price of $ 1,300 again like in the past
BTC price of $ 233 now, whether to increase or decrease

BTC never reached $1,300. The peak price which was achieved in Mt Gox was $1,242 (on 2013-11-29). And this was solely achieved as a result of market manipulation by the Mt Gox guys, who rigged the order books. And at the same time, the exchange rate on BTC-e was around $1,050. The spread was almost $200 per coin.

Agree i never have dream bitcoin reach up to $1300 and i think around 500-700 is possible. Even now price drop, im still believe price will up before halving
legendary
Activity: 3430
Merit: 1934
Shuffle.com
August 22, 2015, 04:17:31 AM
#56
yeah maybe the price floor will stay at 230 - 250 $ this year tho
hard to pump the price up now
member
Activity: 84
Merit: 10
August 22, 2015, 04:14:12 AM
#55
this flotations are good for speculators i stick to the regular prices like 250 300 dollars to trade after
legendary
Activity: 3808
Merit: 1219
August 22, 2015, 04:09:01 AM
#54
do not expect that the BTC can be translucent at a price of $ 1,300 again like in the past
BTC price of $ 233 now, whether to increase or decrease

BTC never reached $1,300. The peak price which was achieved in Mt Gox was $1,242 (on 2013-11-29). And this was solely achieved as a result of market manipulation by the Mt Gox guys, who rigged the order books. And at the same time, the exchange rate on BTC-e was around $1,050. The spread was almost $200 per coin.
hero member
Activity: 994
Merit: 1000
PUGG.io
August 22, 2015, 03:22:10 AM
#53
yes, the current bitcoin prices are down dramatically
I hope this is only temporary
it is temporary, the price should rise again when all this FUD with the fork related stuff settles.

Any idea when? how you can tell it is temporary? The price of bitcoin 1000+ in 2013 but after that it never show any sign to reach half the price of all time high. So on what basis your saying it is temporary
no, it's not right.
There was also a time when bitcoin reached around $600 after that 2013 $1300 pump.
So there are always some swings in bitcoin market and it's prices.
do not expect that the BTC can be translucent at a price of $ 1,300 again like in the past
BTC price of $ 233 now, whether to increase or decrease
I'm also not hoping that price reaches to $1300 in just a few days.
The market was more volatile at that point as compared to now.
With my reply, i was telling MinerHQ that there was also a time when the bitcoin prices reached to approximately half of the 2013 prices.
member
Activity: 98
Merit: 10
August 22, 2015, 02:27:07 AM
#52
yes, the current bitcoin prices are down dramatically
I hope this is only temporary
it is temporary, the price should rise again when all this FUD with the fork related stuff settles.

Any idea when? how you can tell it is temporary? The price of bitcoin 1000+ in 2013 but after that it never show any sign to reach half the price of all time high. So on what basis your saying it is temporary
no, it's not right.
There was also a time when bitcoin reached around $600 after that 2013 $1300 pump.
So there are always some swings in bitcoin market and it's prices.
do not expect that the BTC can be translucent at a price of $ 1,300 again like in the past
BTC price of $ 233 now, whether to increase or decrease
hero member
Activity: 994
Merit: 1000
PUGG.io
August 22, 2015, 01:32:23 AM
#51
yes, the current bitcoin prices are down dramatically
I hope this is only temporary
it is temporary, the price should rise again when all this FUD with the fork related stuff settles.

Any idea when? how you can tell it is temporary? The price of bitcoin 1000+ in 2013 but after that it never show any sign to reach half the price of all time high. So on what basis your saying it is temporary
no, it's not right.
There was also a time when bitcoin reached around $600 after that 2013 $1300 pump.
So there are always some swings in bitcoin market and it's prices.
legendary
Activity: 1456
Merit: 1023
August 22, 2015, 12:42:56 AM
#50
yes, the current bitcoin prices are down dramatically
I hope this is only temporary
it is temporary, the price should rise again when all this FUD with the fork related stuff settles.

Any idea when? how you can tell it is temporary? The price of bitcoin 1000+ in 2013 but after that it never show any sign to reach half the price of all time high. So on what basis your saying it is temporary
sr. member
Activity: 364
Merit: 250
August 22, 2015, 12:33:18 AM
#49
yes, the current bitcoin prices are down dramatically
I hope this is only temporary
it is temporary, the price should rise again when all this FUD with the fork related stuff settles.
legendary
Activity: 1232
Merit: 1000
August 21, 2015, 11:56:03 PM
#48
UK stocks bombed today but I doubt their price will go to zero. Be patient.

Oh no.... Not that argument again.
Stock markets are unlikely to go to zero because companies do generate cash flows and there is intrinsic value associated with them.
Bitcoin is a different story all together.
member
Activity: 98
Merit: 10
August 21, 2015, 12:15:14 PM
#47
yes, the current bitcoin prices are down dramatically
I hope this is only temporary
sr. member
Activity: 451
Merit: 250
August 21, 2015, 11:45:03 AM
#46
UK stocks bombed today but I doubt their price will go to zero. Be patient.
hero member
Activity: 994
Merit: 1000
August 21, 2015, 11:37:05 AM
#45
i think price will go up after a few weeks bitcoin will never crash to zero as a lot of people are interested in using it

The only way its price could fall to zero is when there's no adoption left an everybody hates bitcoin, the technology has issues and it all shuts down, or people choose an alternative and stop using bitcoin, and a proof of all of that would be the number of fall in trades in between, if there is no bitcoin, its price will pretty much be zero.
hero member
Activity: 854
Merit: 1009
JAYCE DESIGNS - http://bit.ly/1tmgIwK
August 21, 2015, 11:33:38 AM
#44
I like how people are scaremongering, and opening up 10 threads about panicking when bitcoin price is down.

Look guys, it has already happened before, some coward weak players are exiting, so what? Bitcoin will never die, because the fact that so many people are panicked, just proves that people are very interested in it, thus after they hit themselves with a bucket of cold water, the price will go up Smiley
hero member
Activity: 658
Merit: 500
August 21, 2015, 08:33:20 AM
#43
i think price will go up after a few weeks bitcoin will never crash to zero as a lot of people are interested in using it
hero member
Activity: 658
Merit: 500
August 21, 2015, 08:25:15 AM
#42
BTC mining farms worldwide are working around the clock, therefore of course BTC price can go down  Shocked If there will be more BTC users or something another in BTC market, price can go up  Grin
legendary
Activity: 3430
Merit: 1934
Shuffle.com
August 21, 2015, 07:58:06 AM
#41
yeah it will go down more faster than going up
just because of the forking
but bitcoin will never die 
hero member
Activity: 994
Merit: 1000
PUGG.io
August 21, 2015, 07:54:04 AM
#40
yes the price went very down but it will go more down just wait  Smiley
If Bitcoin XT gets more than 75% acceptance by the network then yes Bitcoin prices will touch the ground and maybe go under it.
Bitcoin XT makes the double spending of coins mined before it possible, so it is gonna destroy Bitcoin.
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: 3430
Merit: 1934
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.
full member
Activity: 187
Merit: 100
https://bitcointester.com/
August 19, 2015, 10:51:06 AM
#19
yes, you're not wrong
any kurs fluctuation today at our coin favour,
hero member
Activity: 994
Merit: 1000
August 19, 2015, 09:12:27 AM
#18
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 ?

Whales were involved, there were major dumpings worth 25 million dollars (approx) and that was moments before bitcoin XT was officially announced. People in market got scared watching this and panicked, and just after they see 3 whales dumping their btc, they dumped theirs too. I don't think the XT vs core battle will take place, because if it does, I'm uncertain about btc's future.
sr. member
Activity: 294
Merit: 250
August 19, 2015, 08:35:42 AM
#17
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 ?
hero member
Activity: 578
Merit: 554
August 19, 2015, 04:53:17 AM
#16
I woke up and was shock to see the price of BITCOIN fell very sharply, what happened?
current price $237

There was a flash crash on Bitfinex, some whale just made a lot of money and a lot of traders either got stopped out or margin called  Undecided
legendary
Activity: 2786
Merit: 1031
August 19, 2015, 03:07:15 AM
#15
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...
sr. member
Activity: 294
Merit: 250
August 19, 2015, 02:58:06 AM
#14
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 ?
hero member
Activity: 728
Merit: 501
August 19, 2015, 02:09:25 AM
#13
The worst-case scenario for the currency is that both Bitcoin XT and Bitcoin core continue to exist alongside each other for a long period of time. In such a situation, the currency’s uncertain future could prove permanently damaging to its prospects.
legendary
Activity: 1456
Merit: 1023
August 19, 2015, 01:59:12 AM
#12
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.

I'm also not selling any of my coins and holding on to it. Let's see how long it will go and take U turn.
legendary
Activity: 3248
Merit: 1072
August 19, 2015, 01:57:49 AM
#11
yet above 200, i'm not worried until they can break 200, the fud about the XT thing should not be so strong to dump the price even further beyond this crash
hero member
Activity: 994
Merit: 1000
August 19, 2015, 01:53:04 AM
#10
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.
legendary
Activity: 1456
Merit: 1023
August 19, 2015, 01:49:28 AM
#9
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?
hero member
Activity: 994
Merit: 1000
August 19, 2015, 01:19:38 AM
#8
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.
legendary
Activity: 1946
Merit: 1007
August 19, 2015, 12:37:21 AM
#7
And yet again we can see 20$ price drops overnight. First step to mass adoption should be to prevent such things; bigger market, more trading more stable prices.

Last time swings like this happened it was about to lift off to unkonwn heights! Litecoin has held remarkebly stable (LTC/BTC), maybe this will be the safe haven untill the XT shit is over..
sr. member
Activity: 476
Merit: 251
August 18, 2015, 11:45:22 PM
#6
And yet again we can see 20$ price drops overnight. First step to mass adoption should be to prevent such things; bigger market, more trading more stable prices.
legendary
Activity: 910
Merit: 1000
August 18, 2015, 11:34:08 PM
#5

What is this video? is it your, just posted to increase view counts?

No valuable information in this video about btc price drop.
Just shows a bunch of a-holes dancing around and posing like wieners.
legendary
Activity: 1456
Merit: 1023
August 18, 2015, 10:58:34 PM
#4

What is this video? is it your, just posted to increase view counts?

No valuable information in this video about btc price drop.
legendary
Activity: 1652
Merit: 1000
August 18, 2015, 10:52:47 PM
#3
yes I was so shocked too and never thought the price down with very fast and now the last price of bitcoin reach $233
hero member
Activity: 560
Merit: 500
August 18, 2015, 09:15:34 PM
#2
Bitcoin XT and associated FUD happened.
sr. member
Activity: 294
Merit: 250
August 18, 2015, 09:10:36 PM
#1
I woke up and was shock to see the price of BITCOIN fell very sharply, what happened?
current price $237
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