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Topic: So whats up with Bitcoin today???? - page 2. (Read 713 times)

legendary
Activity: 3486
Merit: 1055
Leading Crypto Sports Betting & Casino Platform
September 23, 2017, 03:54:34 AM
#15
When I'm writing this btc is at 3624.41usd. It has been going down a bit today anyone have any ideas what this is about?
It's nothing, it's just the usual fluctuations in bitcoin and you do not need to panic for it. You can see now the bitcoin price has 3,725 as I write this. I'm sure the bitcoin price will recover even if it takes a long time.
sr. member
Activity: 602
Merit: 252
September 23, 2017, 02:58:37 AM
#14
Its still the Chinese BTC users selling all their coins as soon as possible to get ait converted to fiat as many exchanges have been given an extended deadline to cease operations. Of course we could argue that the Chinese could use worldwide exchanges but its a conflict of interest for them.
Once this air is clear and the situation comes down to a standstill, expect Bitcoin to start growing back towards the $5k mark given that more countries don't follow suite of what China did.
newbie
Activity: 30
Merit: 0
September 23, 2017, 02:51:18 AM
#13
Still China lol. Meanwhile you can use this opportunity to boost your portfolio. Everyone is still worried, but we have stabilized a little bit compared to the last week. I honestly don't think we're going lower than $3500 again as far as the China issue goes. They cannot issue worse news nos can they?
full member
Activity: 196
Merit: 100
September 23, 2017, 02:45:56 AM
#12
I think we all know who the culprit is, most probably it's still going to be about China that's why the prices are going down. And I think it will still go down further more say around $2600. So let's all brace ourselves and hold if you can.  Wink
I don't think so. Bitcoin will never down to 2k6$ again Smiley. Although China is the country has biggest Bitcoin transaction and trading volume but Bitcoin is not their own cryptocurrency so they can't affect to it too much. Beside as I know, some exchanges in China is changing their domain from ".cn" to ".com" to get out of banning from their government so just hold your Bitcoin, it'll rise up back soon Smiley
hero member
Activity: 1834
Merit: 759
September 23, 2017, 02:44:35 AM
#11
It's just another day to be honest. We dipped to 3k so you shouldn't even be worried. The situation with China is pretty serious and is leaving plenty of people anxious. It does not help that there are lots and lots of rumors flying around.

Just sit tight and wait. It might take a while for us to recover, but we will get there just as we always have. The issue with China will blow over sooner or later.
sr. member
Activity: 504
Merit: 250
September 23, 2017, 02:41:34 AM
#10
I think we all know who the culprit is, most probably it's still going to be about China that's why the prices are going down. And I think it will still go down further more say around $2600. So let's all brace ourselves and hold if you can.  Wink
full member
Activity: 459
Merit: 104
September 23, 2017, 02:36:21 AM
#9
Bitcoin price hasn't decreased sufficient, when it was just under 3000. In the coming days or weeks it will continue to decrease. This is my opinion, some market indicators show a depreciation of its value. In the next months its price will apreciate (probable to double today's value) but for now you have to wait for a price of around 3000-3200. I wish I am mistaking.
hero member
Activity: 2660
Merit: 551
September 22, 2017, 08:52:41 PM
#8
When I'm writing this btc is at 3624.41usd. It has been going down a bit today anyone have any ideas what this is about?

It is true that Bitcoin is going down this fast few days but it doesn't mean that it will continue dropping, It already reached the $5,000 mark and immediately the fall down started after Jamie Dimon announce some FUD's about it and China banning exchanges to their country, so many people I think panics and sell their holdings and Bitcoin almost valued again below $3,000.

I think its stabilizes now between $3,600 to $3,800 and what is happening right now is some small corrections in price, let's just wait for Segwit2x Hard Fork to happen because I am sure that there is an another big volatility will happen again in the market of cryptocurrencies.

But you need to add to the fact that the Chinese local exchanges at the end of the month. So this could have been influencing the price to go down today up leading up to actual closure date. And  Dimon attacking bitcoin once more. So its gonna be corrections again or a crash. But the most important for us is not to panic from such situation because bitcoin is so resilient and after everything has settled down, the path will be clear leading to a strong price at $5000 again.
full member
Activity: 235
Merit: 103
Writting/Translations EN-ES available HERE!
September 22, 2017, 08:30:06 PM
#7
When I'm writing this btc is at 3624.41usd. It has been going down a bit today anyone have any ideas what this is about?

It is true that Bitcoin is going down this fast few days but it doesn't mean that it will continue dropping, It already reached the $5,000 mark and immediately the fall down started after Jamie Dimon announce some FUD's about it and China banning exchanges to their country, so many people I think panics and sell their holdings and Bitcoin almost valued again below $3,000.

I think its stabilizes now between $3,600 to $3,800 and what is happening right now is some small corrections in price, let's just wait for Segwit2x Hard Fork to happen because I am sure that there is an another big volatility will happen again in the market of cryptocurrencies.

a volatility that surely will put bitcoin in a backward race towards below $3000... The question is: how much time will have to pass 'till it hits the forward button again?
sr. member
Activity: 378
Merit: 250
September 22, 2017, 08:25:33 PM
#6
When I'm writing this btc is at 3624.41usd. It has been going down a bit today anyone have any ideas what this is about?

It is true that Bitcoin is going down this fast few days but it doesn't mean that it will continue dropping, It already reached the $5,000 mark and immediately the fall down started after Jamie Dimon announce some FUD's about it and China banning exchanges to their country, so many people I think panics and sell their holdings and Bitcoin almost valued again below $3,000.

I think its stabilizes now between $3,600 to $3,800 and what is happening right now is some small corrections in price, let's just wait for Segwit2x Hard Fork to happen because I am sure that there is an another big volatility will happen again in the market of cryptocurrencies.
full member
Activity: 235
Merit: 103
Writting/Translations EN-ES available HERE!
September 22, 2017, 08:04:43 PM
#5
There is nothing special going on with bitcoin. The market is still unstable, users are careful and because of the all recent happenings the price is very volatile at the moment and according to my preductions it will stay so for a while.  But such phases in bitcoin cycle are quite normal and usual, we have seen many similar situation in the past so just don't panic.

A bit ironic to say don't panic when the main reason people are selling is because of panic. But in the end, you're right.
hero member
Activity: 658
Merit: 505
September 22, 2017, 08:01:39 PM
#4
There is nothing special going on with bitcoin. The market is still unstable, users are careful and because of the all recent happenings the price is very volatile at the moment and according to my preductions it will stay so for a while.  But such phases in bitcoin cycle are quite normal and usual, we have seen many similar situation in the past so just don't panic.
full member
Activity: 204
Merit: 100
September 22, 2017, 07:58:23 PM
#3
More uncertainty regarding china probably
sr. member
Activity: 328
Merit: 252
September 22, 2017, 06:44:57 PM
#2
more people willing to sell at lower price than there are people willing to pay a higher premium.
full member
Activity: 161
Merit: 100
September 22, 2017, 06:26:01 PM
#1
When I'm writing this btc is at 3624.41usd. It has been going down a bit today anyone have any ideas what this is about?
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