What happend with BTC? BTC is going down under 7000 USD. - page 4.

cryptojaani

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Quote from: Sweet_Angel on November 13, 2017, 08:13:47 AM

I am optimistic that bitcoin prices will keep going up even though difficult steps.
My suggestions you should be put on hold just waiting for the right time to sell.
I've read that bitcoin prices by the end of this year can reach $ 10,000

I think are normal corrections and nothing special even though it suffered a couple of hundred dollars decrease in price. Since the announcement of S2X being cancelled, people that bought their coins in anticipation of the event has sold their bought coins to pursue on other ventures and to partly make profit. If S2X continued, the price will also continue to push due to FOMO, and not going down like what's happening right now.

Qunenin

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You don't need to worry about it. We all are aware about that bitcoin is unstable. If the price fall down just hold your coins and wait till the price go up. This is how bitcoins price is moving for last 6 months and its bitcoin's nature of increasing and decreasing with time. The price is decrease due to fail of segwit2x but now we are experiencing the rise in price again. This keeps on going this way and I am now used to it. Wink

justspare

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Quote from: gabmen on November 13, 2017, 07:35:06 AM

Quote from: bamb on November 11, 2017, 05:57:25 PM

There have been bull run for more than a year (Aug 2016) on bitcoin till date. The price increase can not go on perpetuity. At some point in time there will have to be some correction. Review your strategy for your investement in bitcoin, and you will be okay!

There have been corrections. The bull run isn't steady at all. People were given chances all throughout the year to buy btcs and many have profitted. Like yesterday the price dipped below 6k but is right nis slowly climbing back

We all know this fact that it is not only bitcoin which is having a volatile nature. In fact, all the coins which are there in the world of crypto currency are volatile. Their prices keep on changing with each passing second. There is nothing to be worried about. Instead of worrying about anything, you can actually cash those moments by buying more bitcoins and that too at low prices.

voztata

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Quote from: leveler on November 09, 2017, 04:35:41 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..

Hmph…so now I know the reason why people were rushing in on Bitcoin and Investing hundreds and thousands and millions. Oh, they all planned to get an equal amount of Segwit2x after the hard fork, then they will sell and make profit.

But it didn’t work for them and they’re now withdrawing and getting back to altcoins. Funny… well, if you bought Bitcoin at the rate of $7500, I will suggest you sell your bitcoin if price falls close to $7000.

henmark

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Quote from: Michael-crypto on November 11, 2017, 10:34:29 AM

It's going up and down, no need to worry; on the long term, the tendency is very bullish, due to the economic crisis, inflation, and the big qualities of Bitcoin.

Yep! It is normal for bitcoin to decrease in price before creating any new history. Bitcoin is showing decrease in value and I think instead of worrying about this, we should start buying bitcoin at low rates because in December you won’t be able to garb bitcoin due to its high prices. If you really want your pockets full by the end of this year and make New Year eve memorable, buy bitcoin now.

djselery

legendary

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Bitcoin's price is going up again lastly and its now above 7000$. However the price still volatile and its going up and down with time, but the most important thing is that its in general increasing month after month, and its actual price is a lot more than a few years ago.

nickdeborst

newbie

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Maybe a little set back to under 7k (H + S) now but end of the year to 10k is not a crazy thought. Bitcoin will always be the nr. 1 whatever people say.

BartS

sr. member

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Quote from: aardvark15 on November 10, 2017, 08:07:05 AM

People we buying in advance of the Segwit2x fork so they could get both coins (2 for the price of one). Now there’s a bit of a sell off. There probably would have been a sell off after the hard fork anyway.

The question is how much of a drop will there be. Is this it or is this going to turn into a correction. Bitcoin is probably due for a correction anyway so that could happen now with the price already going down.

The price has recovered already, the only thing I do not understand is why the price of BCH keeps being so high maybe it is going to take some time before it goes back to its previous levels, in any case I think it is irrelevant, BCH is never going to be the threat to bitcoin that the miners wanted, however while in the past I thought the coin will disappear now I think it may stay with us for a very long time.

arseaboy

hero member

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Quote from: Icaxx on November 14, 2017, 04:14:11 AM

Quote from: Cryptoshaft on November 09, 2017, 04:38:46 AM

i think because it's cancelled.
people buy many bitcoin to get advantage for segwit2x, and just because it's cancelled, people just simply sell it back.

I think the same too. Because its canceled many people just sell bitcoin.
In other case, there are some people facing an issue that make them just swap btc to other coin.

now its moving back to that level and it seems that the drama of hyping btc cash already been finished, its the weak holders and new comers that panic
when the market falls thinking to lessen loses that's why instead of holding their coin they sell it out and now for sure they are crying out loud and the
pro are happier than before buying back cheap btc and sell it again after.

rickadone

legendary

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Quote from: Kloug on November 10, 2017, 02:11:31 PM

Quote from: BartS on November 10, 2017, 11:12:32 AM

You bought near the top and that is always a bad idea, I’m not trying to bash you or anything but you do not seem to know a lot about trading

That guy didn't do wrong, he bought BTC when it just had dropped (from a short spike, but still) 500eur.

Meanwhile a lot of people started buying, at the top, an already overpriced BCH. And these won. Call it balls or luck, but that goes against your "buy low sell high".

I hope the BCH isn't gonna kill the BTC. It's already going down right now, maybe that will push the BTC back up. Surely it made some people very rich.

Most people always make one funny silly mistake when a market is being pumped; they always end up trying their luck and then ending up as FOMOs. They are usually always the ones at the losing end anyway.

For those who could not get in at the early stage of the uprising, they could have just stayed out. Some bought the speculation thinking BCH is about gaining ground, now they have fallen for the manipulation. That is just what BCH will always keep being.

Icaxx

full member

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Quote from: Cryptoshaft on November 09, 2017, 04:38:46 AM

i think because it's cancelled.
people buy many bitcoin to get advantage for segwit2x, and just because it's cancelled, people just simply sell it back.

I think the same too. Because its canceled many people just sell bitcoin.
In other case, there are some people facing an issue that make them just swap btc to other coin.

peter0425

sr. member

Activity: 2618

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Quote from: Sweet_Angel on November 13, 2017, 08:13:47 AM

I am optimistic that bitcoin prices will keep going up even though difficult stages.
My suggestions you should be put on hold just waiting for the right time to sell.
I've read that bitcoin prices by the end of this year can reach $ 10,000

Very well said. Just look at today's price. We may have encountered a few challenge and difficult stage last couple of days. But bitcoin being bitcoin is too resilient from this such attacks. The price is going to trading along the line of $6500-$6700 and it has crushed the competition(bch) once again. If you didn't panic sell, then you will feel relieved by now because I'm sure you have sleepless night thinking about the price nose diving.

Now its open another door to reach $8000-$1000 before or end of the year. Still have time to buy it at today's price though. There's never really a bad time to get it because we all know that the price is going up in due time.. So I advise everyone to still get it today.

clarkt

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Yes there might be some correction but not for long. Bitcoin value is not tulip at all. There are few weak hands noe. Bitcoinis been use all over the world and as the days goes by will see new height in it's price.

Cryptoshaft

full member

Activity: 239

Merit: 250

Quote from: Sweet_Angel on November 13, 2017, 08:13:47 AM

I am optimistic that bitcoin prices will keep going up even though difficult stages.
My suggestions you should be put on hold just waiting for the right time to sell.
I've read that bitcoin prices by the end of this year can reach $ 10,000

IMHO, it's just a speculation.
when someone wrote an article that said btc will reach $10,000
actually it's only some kind of suggestions, so people will hold and buy more before it reach that number.
some may sell at that number, but some will start new speculation that says it'll reach another milestone

Sweet_Angel

full member

Activity: 224

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I am optimistic that bitcoin prices will keep going up even though difficult steps.
My suggestions you should be put on hold just waiting for the right time to sell.
I've read that bitcoin prices by the end of this year can reach $ 10,000

gabmen

hero member

Activity: 1246

Merit: 529

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Quote from: bamb on November 11, 2017, 05:57:25 PM

There have been bull run for more than a year (Aug 2016) on bitcoin till date. The price increase can not go on perpetuity. At some point in time there will have to be some correction. Review your strategy for your investement in bitcoin, and you will be okay!

There have been corrections. The bull run isn't steady at all. People were given chances all throughout the year to buy btcs and many have profitted. Like yesterday the price dipped below 6k but is right nis slowly climbing back

bamb

sr. member

Activity: 938

Merit: 251

There have been bull run for more than a year (Aug 2016) on bitcoin till date. The price increase can not go on perpetuity. At some point in time there will have to be some correction. Review your strategy for your investement in bitcoin, and you will be okay!

7788bitcoin

legendary

Activity: 2282

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Quote from: Michael-crypto on November 11, 2017, 10:34:29 AM

It's going up and down, no need to worry; on the long term, the tendency is very bullish, due to the economic crisis, inflation, and the big qualities of Bitcoin.

The long term impact of bitcoin will be positive ,but we need a good correction now after a bull run we had and it might take some time to see another big rally unless we see some major announcement in the derivatives market about trading bitcoin and the time line in which they are planning to implement,other than that we might see a dull year ending this time around.

adsdas

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Activity: 337

Merit: 250

https://streamies.io/

Many people did not trust BTC after SIW2x failed. They are converting to invest in BCH instead of BTC. The BTC price will continue to fall down in the near future

Kloug

member

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Merit: 20

I think the normal behavior would have been ALTs going back to BTC under 7000USD, as it happened. IMHO it's just random that the BCH went up so much & then money is calling people there, everyone thinking they should have bought when it was like 700, slowly starting to do it. It will be very profitable for some, and the last one to enter will lose money. The big question being when is it too late to buy BCH.

Pretty sure *no one* intends to keep BCH and everyone has a stop loss safety net. Whenever the BTC drops under 6500, you see BCH coming back to it.

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