This is what happening to BTC - page 8.

hakertajniak

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Quote from: pitchi on March 16, 2018, 03:45:25 PM

hi folks let me tell you what i think is going on right know Prices falling while value is increasing can only mean 2 things: 1. Either the price went up too much last year and is now correcting, or 2.: people don't get the value yet and we will see a strong price increase in a few months most likely is second option We will soon find out! tell me what do you think Roll Eyes

i think the correction time should be done in last February, the price was hit around $6k.
there must be another that causing bitcoin price falling. Maybe some huge holder dump their coins ?

yj300316

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Quote from: pitchi on March 16, 2018, 03:45:25 PM

hi folks let me tell you what i think is going on right know Prices falling while value is increasing can only mean 2 things: 1. Either the price went up too much last year and is now correcting, or 2.: people don't get the value yet and we will see a strong price increase in a few months most likely is second option We will soon find out! tell me what do you think Roll Eyes

the cause of the falling bitcoin price maybe the whales owner sell their bitcoin, or dump it.
if that happened, what we can do as a holders is just keep holding, so the bitcoin price won't go worse.

vhhjhju

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Quote from: Welsh on March 16, 2018, 05:19:55 PM

If you are in it for the long haul then stop looking at it's current price and think of Bitcoin's value to you rather than it's price. Especially if you are holding. The current price is irrelevant and as long as you have faith in Bitcoin and know how the economy works then it's current price does not matter to you.

I have always thought that if you are investing in Bitcoin for a long period of time, then the short-term prices do not need to worry too much, because the market adjustment will make Bitcoin prices rise and fall, which is the significance of the market.

Kunle1christ2

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Well I believe after the correction there is going to be another long time rise. I believe this rise would begin soon Cheesy

Gotomoon

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Quote from: SUDARMONO on March 16, 2018, 07:45:12 PM

That could be Because too much of yesterday's price increase in 2017, and this will take too long to return, and everything will recover in time.

We may stop looking for a while at the prices highest point last year because this mostly happens the comparisons of the performance last year and today. We may think of really the biggest corrections for more months now that bitcoin prices were really difficult to recover. So this time, we may hold and for me it will slowly can recover.

letecia012

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Quote from: pitchi on March 16, 2018, 03:45:25 PM

hi folks let me tell you what i think is going on right know Prices falling while value is increasing can only mean 2 things: 1. Either the price went up too much last year and is now correcting, or 2.: people don't get the value yet and we will see a strong price increase in a few months most likely is second option We will soon find out! tell me what do you think Roll Eyes

2017 was really a huge break out not only fir bitcoin but for other altcoins too. and what we experiencing now probably a cotinuous correction from the quick run up of bitcoin last year. but i notice once bitcoin goes to its msjor support of 7-8k it can easily recover its price. I do hope this will over in the shirt period of time so we can see profit to our investment

biascoin

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Quote from: Kokondao on March 16, 2018, 08:38:02 PM

It's true I think the yesterday's rise may be too high to make it hard to get back, but I think the price will also go up for the next few months at a higher price.

or not.

biascoin

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Quote from: Jonsnowstark on March 16, 2018, 07:14:46 PM

The price now is going down simply because of bad news. The correction has already happened earlier this year. This is not a correction anymore. Many entities are after bitcoin now. And more people are trying to ride with this in order to pull down the price of bitcoin. I think most of the whales are reaponsible for this in order to buy bitcoin at a very low price. By the time bitcoin grows then their money will grow with it. This is not new. This has happened so many times before.

BULLSHIT, PRICES GO DOWN BECAUSE PEOPLE ARE SELLING. PERIOD. Bitcoin is backed by nothing but trust, and it is fiat money. For it to have any value everyone has to agree, if people hodl and do not use it, but sell for profit the trust is zero and its value is zero.

Kokondao

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It's true I think the yesterday's rise may be too high to make it hard to get back, but I think the price will also go up for the next few months at a higher price.

Whibu

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I see bitcoin prices going back up in the next few months and I have some bitcoin to hold back, and this I do to get big profits.

SUDARMONO

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That could be Because too much of yesterday's price increase in 2017, and this will take too long to return, and everything will recover in time.

tiptopgemdotcom

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Quote from: KrishaBitcoin on March 16, 2018, 07:22:57 PM

Quote from: pitchi on March 16, 2018, 03:45:25 PM

hi folks let me tell you what i think is going on right know Prices falling while value is increasing can only mean 2 things: 1. Either the price went up too much last year and is now correcting, or 2.: people don't get the value yet and we will see a strong price increase in a few months most likely is second option We will soon find out! tell me what do you think Roll Eyes

Before i really thought it was corrections but now after some latest news like MT.Gox in which just revealed that they sold huge Bitcoins in which it really affect the market price https://cointelegraph.com/news/effects-of-mt-gox-trustees-400-mln-sale-on-bitcoin-market. This makes me believed that the real reason of the dip is the influence of big whales to manipulate the markets and their bankrupt reason is just to hide the truth.

Mt Gox seller really made everything more bearish for crypto market. I read on thread that he will not be able to sell his bitcoins till September. 400 mln is big amount and i am not sure how he is so successfully selling his holdings on exchanges without any hassle.. Let's wait for more news and i hope this time news will turn market's colour to green.

KrishaBitcoin

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Quote from: pitchi on March 16, 2018, 03:45:25 PM

hi folks let me tell you what i think is going on right know Prices falling while value is increasing can only mean 2 things: 1. Either the price went up too much last year and is now correcting, or 2.: people don't get the value yet and we will see a strong price increase in a few months most likely is second option We will soon find out! tell me what do you think Roll Eyes

Before i really thought it was corrections but now after some latest news like MT.Gox in which just revealed that they sold huge Bitcoins in which it really affect the market price https://cointelegraph.com/news/effects-of-mt-gox-trustees-400-mln-sale-on-bitcoin-market. This makes me believed that the real reason of the dip is the influence of big whales to manipulate the markets and their bankrupt reason is just to hide the truth.

Jonsnowstark

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The price now is going down simply because of bad news. The correction has already happened earlier this year. This is not a correction anymore. Many entities are after bitcoin now. And more people are trying to ride with this in order to pull down the price of bitcoin. I think most of the whales are reaponsible for this in order to buy bitcoin at a very low price. By the time bitcoin grows then their money will grow with it. This is not new. This has happened so many times before.

biascoin

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Quote from: pitchi on March 16, 2018, 03:45:25 PM

hi folks let me tell you what i think is going on right know Prices falling while value is increasing can only mean 2 things: 1. Either the price went up too much last year and is now correcting, or 2.: people don't get the value yet and we will see a strong price increase in a few months most likely is second option We will soon find out! tell me what do you think Roll Eyes

WHAT VALUE? it is not backed by ANYTHING OTHER THAN TRUST. You can clone it, and there are hundreds of altcoins, and several forks. IT IS PRETTY MUCH A GAMBLING GAME.

The only value this has is because it is a sell-fulfilled prophecy, the moment it stops growing so people can stop trading it, it will lose value. Also bitcoin drops value because people sell it for dollars, lack of trust, and because the only interest on it is profit. Period.

You can read it here: https://www.mail-archive.com/[email protected]/msg10162.html search for self-fulfilled prophecy.

SpaceX has value, Google has Value, AMD and Intel have value, Tesla has value... Bitcoin... does have little. Blockchain is cool, sure, but people is overreacting and as a currency it does not work. No one will ever use Bitcoin while it keeps increasing value, thus, no one uses it and its value drops.

What people who own bitcoin do about that ? indoctrination, propaganda, and spread FOMO, they want you to be the Greater Fool so they can cash in while you hodl.

Meysa_richa

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I think the current incident as it happened in your second estimate, is currently being refurbished and going up a few months later, I strongly believe it.

Indrawan77

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Bitcoin now is having a major price correction due to the constant rising from last years and since bitcoin become the main focus from the government the investors still hesitate to put the money in crypto causing the price is hard to go up, the FUD, Facebook and google banning also contributed to the decreasing price, but all of them will heal up, a lot of countries seems supporting bitcoin, so all of just need to stay calm and stay away from FUD news

WorldBiz project

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Traders predicting the movements of the bitcoine course on the basis of the dynamics in the past, come to disappointing conclusions. The 50-day moving average of bitcoin has reached its closest approach to the 200-day indicator in 9 months. The failure of this level, which has not happened since 2015, will mean a new fall.

Alert31

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Bitcoin is too risky,if you join and enter in bitcoin world you need to be prepared for everything that possible to happen while you are in the journey together with it. BItcoin for me will rise later more than what happened before end of 2017. Maybe now bitcoin price drop down but just look forward with positive mind,it will increase more and more just have patience and stop negativeness because of the current lower price.

boy130

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Bitcoin is leveling back to a support point, which is around $8000 it seems. It won't increase back to its previous high until there is some significant news, or if there is no bad news for a good period of time. Keep holding, it might take a while but Bitcoin will continue to see growth into 2019.

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