What happend with BTC? BTC is going down under 7000 USD. - page 2.

okala

full member

Activity: 980

Merit: 114

Quote from: leveler on November 09, 2017, 04:25:11 AM

What happend with BTC? BTC is going down under 7000 USD.

segwit 2x cancelled but BTC is going down under 7000 USD.

Almost people thought if segwit 2x cancelled, Price go up to 8000 USD.
But now Price is down.

How do you think about this situation?

I have more than 40 BTC now, And I am losing my money now.
I bought BTC at 7500 USD.....

Hold or not..

Investors has started converting their bitcoin to altcoins as the plan sigwith2x has been cancelled and many of those that invest into bitcoin because of the free coins from bitcoin gold the splitting coin is no longer coming up again. Altcoins is going to be the greatest beneficiary of this latest developments as investors are selling they bitcoin and buy altcoins and that is why you are seeing drop in bitcoin pricing.

cryptokingz

newbie

Activity: 23

Merit: 0

HODL BRO. you are clearly very new to this. BTC can go under 7k for like a week then youll see profit. ride the waves

Quote from: leveler on November 09, 2017, 04:25:11 AM

What happend with BTC? BTC is going down under 7000 USD.

segwit 2x cancelled but BTC is going down under 7000 USD.

Almost people thought if segwit 2x cancelled, Price go up to 8000 USD.
But now Price is down.

How do you think about this situation?

I have more than 40 BTC now, And I am losing my money now.
I bought BTC at 7500 USD.....

Hold or not..

Lucacrebbe

full member

Activity: 224

Merit: 100

Quote from: suzanne5223 on November 09, 2017, 12:57:01 PM

You're not going to loose your money because bitcoin always find it way back on top.

yes, you have the cristal ball ahahah, just stop , please.

Silberman

legendary

Activity: 2716

Merit: 1383

Quote from: leveler on November 09, 2017, 04:25:11 AM

What happend with BTC? BTC is going down under 7000 USD.

segwit 2x cancelled but BTC is going down under 7000 USD.

Almost people thought if segwit 2x cancelled, Price go up to 8000 USD.
But now Price is down.

How do you think about this situation?

I have more than 40 BTC now, And I am losing my money now.
I bought BTC at 7500 USD.....

Hold or not..

It is simple supply and demand, people were stocking on bitcoin since they thought the forks was coming so they wanted to have bitcoin in order to get their airdrops and then sell them or trade with them now that the fork is not going to happen there is no point in having so much money invested in bitcoin anymore and that is why you are seeing a decrease in the price since the demand has gone down a little.

suzanne5223

hero member

Activity: 2786

Merit: 657

Want top-notch marketing for your project, Hire me

You're not going to loose your money because bitcoin always find it way back on top. Meanwhile, you don't need to panic sell your bitcoin now and I will advice to wait till next year or more because next year is predicted to be another good year for bitcoin.

Patrikson

newbie

Activity: 34

Merit: 0

This is better for altcoins because bitcoin has nearly killed every coin now. They had dropped a lot now bitcoin drops so its the turn for altcoins to rise up.

We need to keep this at balance some people have coins at bitcoin and some have it on altcoins.

McWorse

sr. member

Activity: 618

Merit: 292

Quote from: Lucacrebbe on November 09, 2017, 09:55:25 AM

(...)
Bitcoin was going to the moon only because of the fork.
(...)

That's the point. People went into BTC, because they wanted to earn free coins and money with the fork. Segwit2x cancelled, free coins and free money cancelled, therefore the caravan moves back to where it came from: Alts.
Let's see, where the bottom line from BTC is. Should be around 5k, maybe lower. And in my opinion we will reach this bottom within the next days. Let people comprehend what's happening and there will be a big flight out of BTC.

slaman29

legendary

Activity: 2674

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Livecasino, 20% cashback, no fuss payouts.

People were buying up BTC to get free Segwit2x coins, and a lot of people were refusing to sell to do the same, is my guess. Now that it is cancelled, they can free up their Bitcoins, everyone is buying up those cheap alts, so you can see every alt is gaining. But still, BTC correction was due for a very long time. I'm actually quite surprised it's still staying above 7000. With nothing left to look forward to in 2017, I guess we can all expect a slow quiet movement, maybe sideways all the way til new year.

FrankNoland

copper member

Activity: 560

Merit: 253

Why are you panicking, I am sure that you invested in btc being aware that the value might go down any time or even go up, its not a surprise. You made a mistake by buying when the value was high, hopefully you will learn from your mistakes, this is always the case: buy low and sell high.

I traded a portion my bitcoins for tether since the value is stable, I am now waiting for the value to go down so that I can buy more bitcoin. Trade smart to avoid making a loss, and don't panic since the value will always go up.

Lucacrebbe

full member

Activity: 224

Merit: 100

Quote from: bigdude on November 09, 2017, 10:30:49 AM

BTC maybe going down under 7k but it future will pass 10k
With the cancel of fork 2x bitcoin will go to moon in the future...

Aahaha you make me laugh bro.

OP lost A LOT OF MONEY , A LOT OF MANEEEY (invested 40 BTC at the high)

FIRST RULE IN TRADING: NEVER, EVER, NEVER BUY AT THE HIGH

SECOND RULE: LEARN TO RECOGNIZE A BUBBLE, RIDE IT, QUIT FAST ENOUGH

THIRD RULE WHEN TRADING: IS BETTER TO LOSE 100 $ IN A COIN ON ITS INFANCY, THAN LOOOOOSE 40 BTC IN AN BUBBLE ON ITS END.

Having that said: bitcoin has a deadline of 3 years. No way it will surpass 15k. 15 k is even an optimistic scenario.

bigdude

hero member

Activity: 896

Merit: 500

Dolphins Finance TRUSTED FINANCE

BTC maybe going down under 7k but it future will pass 10k
With the cancel of fork 2x bitcoin will go to moon in the future...

Lucacrebbe

full member

Activity: 224

Merit: 100

HELLO, WAKE APPPPPPPP

Bitcoin was going to the moon only because of the fork.

I always told you that bitcoin is an useless coin, you can NOT make a fortune buying bitcoin now. But it's reliable /stable (for now).
So buy at the dip and sell at the high

A reliable trading strategy... better than Forex or any other stock.

Anyway bitcoin is a coin which has a deadline. In 3-4 years it will die

Bitcoin is the shittest coin ever appeared. IT'S USELESS. It's up only because fans will support itfor other 3-4 years.

Enjoy the bubble and quit fast when it will pop out.

(P.S. I have always advised you bitcoin is shit, you can check my previously posts)

Buy stratis, waves, Aragon, Modum, Waltonchain, and enjoy good gains. Good future. I am not joking.

timikulit

full member

Activity: 196

Merit: 103

40 btc? Is that true?

Did you put all of your investment in one basket ? (Btc)

You better wait for btc price to bounce then manage your portfolio.

danmoris

full member

Activity: 280

Merit: 102

Hold your horses! Don't panic! It will eventually go up and you'll be making money!
Wink

Don't worry.

BTCLovingDude

legendary

Activity: 1134

Merit: 1010

BTC to the moon is inevitable...

the last 24 hours is purely whale manipulation of the market. they first got the insider information about the SegWit2x thing so they started pumping the price (you can see the big bitcoin market can not longer move up that much anymore with manipulation) so price went up to $7888 (~10% rise). then the news was released and the dumping and shorting began (again manipulation and again small effects) back to $7100 range.

Quote from: leveler on November 09, 2017, 04:25:11 AM

snipped
I have more than 40 BTC now, And I am losing my money now.
I bought BTC at 7500 USD.....

Hold or not..

well you just repeated the same sentence about "bitcoin is falling" 4 times which shows you don't know the first thing about bitcoin and you are panicked right now. you will sleep better if you sell...

angel55

full member

Activity: 630

Merit: 172

I strongly believe bitcoin will be overtaken by ethereum, Bitcoin is a dinosaur that is slow and has high fees. You already have 40 btc though, if I had that much I would never have to work again, so your still in a good situation.

I would put 20 btc into eth.

Ewox

sr. member

Activity: 812

Merit: 253

I would hold on to my btc if I were you OP. Bitcoin is going down because of the suspension of the Segwit2x but no one knows yet if it will be moved to another date or not but for the meantime while it is cancelled, altcoins now are taking advantage thus increasing its prices and bitcoin slowly going down.

barota

sr. member

Activity: 1176

Merit: 286

The trend is bearish , You should avoid watching in bitcoin fall Without selling . I think the bullish trend is over ,sell now and buy later ; At least losses will decrease

mountrock

member

Activity: 154

Merit: 10

It is normal. Fluctuation is good for profit taking

Capradina

hero member

Activity: 756

Merit: 520

For now I think that there is indeed a possibility bitcoin will experience reduced price, because it is bitcoin is a very large risk has advantages and disadvantages. So the main thing is to do an analysis, I believe that to a problem segwit is not noteworthy in the estimate. Because it is just a game and it is definitely later price bitcoin will remain stable and will be much bigger. It's just that it all takes time, so we must also be patient

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