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Topic: Today, Bitcoin dump ? - page 6. (Read 4593 times)

sr. member
Activity: 560
Merit: 257
September 08, 2017, 02:02:45 PM
#45
I guess it one of those panic sales, it happens from time to time, and it is nothing to worry about. Price of bitcoin always fluctuate, it is going up and down and up and down again, it is always like that. Unless you are new to bitcoin and do not know this things. I have also heard that China banned local bitcoin exchanges, and i think that is not truth. Most powerful miners are from china, and it won't be that easy to stop them.
hero member
Activity: 2814
Merit: 911
Have Fun )@@( Stay Safe
September 08, 2017, 02:02:22 PM
#44
Can anyone tell me what is happening to Bitcoin? BTC price from 4660 dropped 4k1 and still continues to decrease, investors and trade as I'm feeling very confused. Give me some advice right now, so I can calm down.
This entire week ,the market is reacting to the news coming out of China,first they banned ICO's and the market crashed and now they are after exchanges and so is the reason the price dipped today,these sort of news could make a huge impact in the market and people will panic sell their coins,so if you are looking for a good profit,hold on to your coins as the market will recover eventually.
sr. member
Activity: 387
Merit: 250
Presale is live!
September 08, 2017, 01:57:56 PM
#43
Can anyone tell me what is happening to Bitcoin? BTC price from 4660 dropped 4k1 and still continues to decrease, investors and trade as I'm feeling very confused. Give me some advice right now, so I can calm down.



hold first. I think this is normal and still safe. situations like this I think are only temporary and will definitely return to normal within a few hours or days .

The price is already bouncing back now after just one week. I think it is not going to crash because it did not yet reach $5,000 and everyone wants to say Bitcoin reached $5,000. I think it will go $6,000-7,000 before crashing. Smiley
hero member
Activity: 742
Merit: 500
September 08, 2017, 01:55:54 PM
#42
Can anyone tell me what is happening to Bitcoin? BTC price from 4660 dropped 4k1 and still continues to decrease, investors and trade as I'm feeling very confused. Give me some advice right now, so I can calm down.



hold first. I think this is normal and still safe. situations like this I think are only temporary and will definitely return to normal within a few hours or days.
newbie
Activity: 7
Merit: 0
September 08, 2017, 01:52:48 PM
#41
I don't understand why china will go against bitcoin as to prohibiting bitcoin exchangers in china. That country rely so much with digital payment and most people there are widely using cyptocurrencies. One thing they should do is just regulate exchangers and don't ban it.

China regulates their capital outflow very tightly.
The big cities have achieved 100% cashless via Wechat Pay and Alipay. Both transaction are fast, convenient, going through banks which is regulated, a win-win for everyone.

Bitcoin is obviously not regulated and bypassing the banks, and they're figuring out how.
Just like Didi Chuxing (China's Uber) was illegal until China outlines the law that regulates car hailing service.

China wants to be the leader of technology and blockchain, they WILL lift the ban on ICO and regulate exchanges in future, it's only a matter of when.
member
Activity: 72
Merit: 10
September 08, 2017, 12:46:18 PM
#40
Don't be scared
This is the natural casualty of Bitcoin
Hopefully it will be okay within a few days
full member
Activity: 294
Merit: 100
September 08, 2017, 12:46:03 PM
#39
Tomorrow morning they will buy your coins at cheaper prices, while the west still sleeps....
legendary
Activity: 1288
Merit: 1000
September 08, 2017, 12:39:16 PM
#38
a lot of bad news circulated a few days. china forbids ico and it affects the exchange rate of bitcoin and all coins. even new today changer in china close their booth. and increasingly makes the bitcoin price drop dramatically. and reportedly again about malaysia which he said follow in the footsteps of china. but not to worry this all must have passed.
ICO ban is actually not that bad idea. I agree that it is a bit extreme move but in the end it will be the best option for old coins like Bitcoin.
When people will realize that ICO fast money schemes are no longer an option they will face all attention to Bitcoin.
This will effectively strengthen Bitcoin's position - traders instead of ICO will buy BTC/LTC/BCH/ETH
sr. member
Activity: 774
Merit: 250
September 08, 2017, 12:32:32 PM
#37
You should buy more as we are currently in the deep. The bad and fake news from China this morning cause the price dump. If you have been following cryptocurrency markets then you should know that  this people always bring panic into bitcoin and others cryptocurrency markets in other to manipulate coin price and most times do this to proved that Chinese is still in control of the market. The exchangers has deny ever received such directive from governments.
Well you have a point a good opportunity to buy more btc. Actually this is the normal happen in btc market the dump and pump price. And yes there is a panic selling happen with regards to the news of China. But for me I believe the price will recover even with the little dump happen.
sr. member
Activity: 882
Merit: 269
September 08, 2017, 12:20:38 PM
#36
You should buy more as we are currently in the deep. The bad and fake news from China this morning cause the price dump. If you have been following cryptocurrency markets then you should know that  this people always bring panic into bitcoin and others cryptocurrency markets in other to manipulate coin price and most times do this to proved that Chinese is still in control of the market. The exchangers has deny ever received such directive from governments.
sr. member
Activity: 672
Merit: 250
September 08, 2017, 12:10:47 PM
#35
Can anyone tell me what is happening to Bitcoin? BTC price from 4660 dropped 4k1 and still continues to decrease, investors and trade as I'm feeling very confused. Give me some advice right now, so I can calm down.


Bitcoin price always dump but it not long time. btc price regularly increase. i saw first btc when it price 600$ and regularly i see it price up and up dump some time for short time. i tell don't anyone don't worry for btc dump. if you time buy btc when price is some low you buy btc and hold for profit. always i tell don't worry about btc price. it's price up and up.
hero member
Activity: 1008
Merit: 510
September 08, 2017, 12:09:57 PM
#34
Can anyone tell me what is happening to Bitcoin? BTC price from 4660 dropped 4k1 and still continues to decrease, investors and trade as I'm feeling very confused. Give me some advice right now, so I can calm down.



I wouldn't call this a dump yet. A drop of a 400 is only around 10% which isn't a huge drop compared to the big increases we've had lately. If the price drops below $3000 I might just start to get a little worried, but we aren't there yet.

Even then, I would see it as a good time to buy more Bitcoins at a cheaper price. I think the price will still keep rising over time.
hero member
Activity: 1176
Merit: 501
September 08, 2017, 12:09:03 PM
#33
In the last episode of "China bans bitcoin........"

The same old story, China bans bitcoin or something related to bitcoin, whales sell, people panic sell, whales buy, China does not ban anything, price rise up, rinse and repeat.
legendary
Activity: 1148
Merit: 1048
September 08, 2017, 11:58:02 AM
#32
Fake news.  It seems to be recovering back pretty fast.

For some ignorant assed reason, bitcoin always reacts when China reacts, despite the actual news (this is more an ETH issue by the looks of it). the enthusiasm is always enough lately that the dips get brought back up, usually beyond previous levels. people need to actually read the news, and do diligence on the source, and the information they are trying to disseminate (use multiple sources). Im wondering if its smart to buy the delisted tokens, as eventually, unless eth keeps going down they should recover.

China timed this in a very interesting way, I must say Wink
full member
Activity: 560
Merit: 100
September 08, 2017, 11:54:47 AM
#31

I feel the things with what you say.
big doubts, want to buy the fear of getting down. this is confusing.
member
Activity: 77
Merit: 10
September 08, 2017, 11:52:49 AM
#30
Fake news.  It seems to be recovering back pretty fast.
legendary
Activity: 2982
Merit: 1028
September 08, 2017, 11:51:45 AM
#29
Thanks for the information that you have provided in this article. I still worry about BTC will dump in the future, there is so much information detrimental to BTC from China. I hope not to dump BTC below $ 4000, so I pray.



We can't avoid that mate things are possible but never to worry just keep your coins in hand never to do some panics let the fluctuations moves and make those pressure be felt by the weak holders, think of bitcoin as an asset that you can hold for future gains.
legendary
Activity: 3164
Merit: 1127
Leading Crypto Sports Betting & Casino Platform
September 08, 2017, 11:51:22 AM
#28
when I read this news had a part of the text that made me laugh and I decided to copy and paste here:


" Prices had recovered through this week after the impact of China’s ICO ban waned in record time.

From lows of $4008 Monday, Bitcoin regained all its lost ground, only to lose half of it once again as of press time.
"


hahahaha

it seems that the journalist who wrote this article was disappointed with the price of bitcoin
member
Activity: 110
Merit: 10
September 08, 2017, 11:50:33 AM
#27
Bitcoin is a rollercoaster ride, you can always make money if you know how to ride it, either it's going up or down people are making money as long as you don't focus too much on the FUD
hero member
Activity: 1148
Merit: 504
September 08, 2017, 11:48:51 AM
#26
Thanks for the information that you have provided in this article. I still worry about BTC will dump in the future, there is so much information detrimental to BTC from China. I hope not to dump BTC below $ 4000, so I pray.

4000 is still very high. If china fud persist, it can go much lower than that. But of course there is an upside to that. You can buy cheaper bitcoin when that happens.

To OP, just hold tight. This is just a manipulation to shake off weak hands. Hold on your bitcoin, it will recover very soon.
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