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Topic: What happend with BTC? BTC is going down under 7000 USD. - page 6. (Read 4001 times)

member
Activity: 98
Merit: 10
People bought Bitcoin to profit from the fork, however as the last one was canceled, everyone who had btc or is selling or is exchanging for altcoins that makes the value of bitcoin fall a lot.

I hope that Bitcoin stabilizes the value thus maintaining the market of the geito that is.

I agree with you 100% ... it will bounce back and probably hit 10k in next few months
full member
Activity: 140
Merit: 100
People bought Bitcoin to profit from the fork, however as the last one was canceled, everyone who had btc or is selling or is exchanging for altcoins that makes the value of bitcoin fall a lot.

On the other hand the altcoins go up the values. Who is in charge of the market is bitcoin and if it falls the value helps the altcoins to rise thus generating a profit for the people who have altcoins.

I hope that Bitcoin stabilizes the value thus maintaining the market of the geito that is.
member
Activity: 162
Merit: 14
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..

just hold your bitcoin,Its just regular panic.Dont panic,just wait for next pump.
I am holding my bitcoin.
member
Activity: 259
Merit: 10
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..

This is simple, on a week from 1 to 8, November te price of bitcoin went up from $6600 up $7800 too fast so bitcoin need to go down to consolidate the price at $7000. i think bitcoin is going to back $7000 tomorrow and most likely go up $8000 at the end of November.
You are holding more than 40 BTC and bought at $7500, big money and i understand that you feel to worry when the price of bitcoin is go down but before buy bitcoin i think you should identify how long time will you hold bitcoin? and dont interested in the price of bitcoin

hero member
Activity: 1274
Merit: 500
Yeah, you're right.
Because of the news or announcement about segwit2x cancelled.
Peeps join investment or pump the btc like FOMO about segwit2x if btc goes higher and higher before able to enjoy segwit2x.
They think that they need to make profit as much as they can from segwit2x.
So now the crash starts.
just hold, cause I'm sure btc will bounce back soon
Yes, Bitcoin will definitely increase and keeping Bitcoin at this point is very important as I can be sure Bitcoin prices will tend to increase more and less tends to fall. I think keeping BTC is always a good choice and should not be sold in a hurry
hero member
Activity: 1820
Merit: 515
★777Coin.com★ Fun BTC Casino
Yeah, you're right.
Because of the news or announcement about segwit2x cancelled.
Peeps join investment or pump the btc like FOMO about segwit2x if btc goes higher and higher before able to enjoy segwit2x.
They think that they need to make profit as much as they can from segwit2x.
So now the crash starts.
just hold, cause I'm sure btc will bounce back soon

This is normal in the bitcoin because it is due to decrease in the demand of bitcoin but soon it will recover from the price drop.But i expect that the price will increase more after the fork cancelled but it is happening upside down nearly $ 1000 decreased.But the experts says bitcoin will hit $ 10000 by the end of december so i expect that too it will happen so i suggest continue to hold your bitcoins.
hero member
Activity: 868
Merit: 504
Bitcoin prices are merely speculation. Not much to do with real world events. It was approaching 8k the other day but it's kept being very volatile ever since 7k was reached in the first place. I think that it's just speculative profit taking. If you believe it could go back then you could buy the dip but there's no guarantee for a return.
When markets volatile, this could be best chance to grab easy money. Thats why you take some profits when its up or down. Cash out in fiat and reinvest when it dips.
full member
Activity: 182
Merit: 100
Yeah, you're right.
Because of the news or announcement about segwit2x cancelled.
Peeps join investment or pump the btc like FOMO about segwit2x if btc goes higher and higher before able to enjoy segwit2x.
They think that they need to make profit as much as they can from segwit2x.
So now the crash starts.
just hold, cause I'm sure btc will bounce back soon
legendary
Activity: 2422
Merit: 1451
Leading Crypto Sports Betting & Casino Platform
Bitcoin prices are merely speculation. Not much to do with real world events. It was approaching 8k the other day but it's kept being very volatile ever since 7k was reached in the first place. I think that it's just speculative profit taking. If you believe it could go back then you could buy the dip but there's no guarantee for a return.
full member
Activity: 1106
Merit: 166
★777Coin.com★ Fun BTC Casino!
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..

Don't worry buddy just hold it is just normal fluctuation in bitcoin world,maybe the price drops is due to the canceled fork but i hope the bitcoin will recover from it soon.You just bought bitcoins if you want profit you have to hold it for long term bro don't expect too early bitcoin will give good returns too you.
legendary
Activity: 1190
Merit: 1002
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..

This happens because of everyone sold altcoin and converted it to bitcoins so that they can get benefit of SegWit2x free coins and then sell and buy more altcoin but due to cancellation of it now eveyrone is buying back their altcoins which they sold it and bitcoin is getting corrected. But i think withing 24 hrs we will see the recovery of bitcoin price very soon. As this is temporary correction and profit booking in bitcoin.
newbie
Activity: 4
Merit: 0
Basically this is a good time to pile up some BTC before a new ATH is reached  Grin
sr. member
Activity: 882
Merit: 269
Sigwith2x two has been postpone and we expect the fund to flow back to altcoins market as what happen  last August cannot repeat itself.
hero member
Activity: 1008
Merit: 510
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.
full member
Activity: 432
Merit: 100
Today price of bitcoin going down at 7000 dollara and that's normal because as of now people sell their bitcoin but for sure many people buy agaij bitcoin because they want to earn more profit. Dont be afraid if the price going down or decreasibg the price because for sure it will recover again after few hours or maybe after few days. Dont be panic just you need patient so you can earn profit.
I agree with you . BTC is on the upward trend and now BTC prices are down but just a slight correction. I think in the next few days BTC will be very high and will soon reach $ 8000 this year and will have more new investors in the future.
hero member
Activity: 1834
Merit: 523
Today price of bitcoin going down at 7000 dollara and that's normal because as of now people sell their bitcoin but for sure many people buy agaij bitcoin because they want to earn more profit. Dont be afraid if the price going down or decreasibg the price because for sure it will recover again after few hours or maybe after few days. Dont be panic just you need patient so you can earn profit.
full member
Activity: 630
Merit: 103
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..

There are some posts before segwit2x was cancelled mentioning about bitcoin price correction in which it will result to decrease of bitcoin value and they also said that altcoins will rise up after this correction will start. I don't know if this is effecting now or this is just an isolated case in which normal to bitcoin trading because i was thinking of this correcting issue is just a propaganda to make the bitcoin value decreases and power up the leading altcoins.
legendary
Activity: 3318
Merit: 1133
Leading Crypto Sports Betting & Casino Platform
The segwit cancellation seems to really made a reaction to the price.
What else could be blamed? That is the only thing that went mainstream days ago and people are already assuming they are winners if they keep bitcoin in their wallets.
But now, it is going back. No more demand, they let go of their coins.
member
Activity: 140
Merit: 20
until the BCH starts falling, I'd say

quite ironic, it's not the B2X fork that caused this, it's the BCH fork Smiley
newbie
Activity: 9
Merit: 0
Now the question is untill when will it fall
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