What's going on with the price today? - page 5.

Reid

hero member

Activity: 3052

Merit: 651

Quote from: freightjoe on December 21, 2017, 11:48:14 AM

Quote from: Bloomie on December 21, 2017, 11:47:25 AM

Things looked somewhat promising yesterday as it was holding steady in the mid-high 16k range, even breaching 17k. Now it's in the low 15k. What's going on? Are we still hodling? Newbie asking for a friend here.

The whales are now cashing in. It is the end game.

GTHO (Get The Hell Out)

Yeah right. If they do then it will not stay within the 15k range. We should have been seeing a 5k price today if they already cash out.
It is just that many people have profited from the amount last time and it is now a waiting game.
Who will buy first? Then the trend will go back upwards.
Just hold in my opinion. You can have yours too. Trust your instincts.

Remeber: Many people have regret it not holding their bitcoins. And I am also one.

WatchMaker

full member

Activity: 518

Merit: 104

PUFFY FINANCE

Bitcoin whales are moving to bitcoin cash BCH because CoinBase recently announced they will intergrate Bitcoin cash trading on their platfrom.

bitcoinsocial09

full member

Activity: 413

Merit: 105

Quote from: Bloomie on December 21, 2017, 11:47:25 AM

Things looked somewhat promising yesterday as it was holding steady in the mid-high 16k range, even breaching 17k. Now it's in the low 15k. What's going on? Are we still hodling? Newbie asking for a friend here.

Nothing is so special in my opinion and it is just part of Bitcoin's volatility. The backdrop is resulted by people selling their Bitcoin due to the season, making the transactions high and the demand low. We should focus into investing and holding or simply take advantage of the backdrop to earn huge profit in the future by the time its value, again, increases.

Wicked17

full member

Activity: 476

Merit: 107

Quote from: Bloomie on December 21, 2017, 11:47:25 AM

Things looked somewhat promising yesterday as it was holding steady in the mid-high 16k range, even breaching 17k. Now it's in the low 15k. What's going on? Are we still hodling? Newbie asking for a friend here.

Its a normal day in cryptocurrency, we all know that there will be a correction after a big increase of price in just a few weeks for bitcoin. When bitcoin value is started dropping, only one thing is coming into my mind, to buy another sets of bitcoin again and wait for another big wave and get some profit.

santapants

newbie

Activity: 28

Merit: 0

Don't panic, it's just a temporary drop. We were all expecting this to happen when they started on the futures. Sit tight and hodl.

Kersh768

sr. member

Activity: 658

Merit: 256

Freshdice.com

Quote from: Bloomie on December 21, 2017, 11:47:25 AM

Things looked somewhat promising yesterday as it was holding steady in the mid-high 16k range, even breaching 17k. Now it's in the low 15k. What's going on? Are we still hodling? Newbie asking for a friend here.

It is just part of Bitcoin's volatility. Bitcoin's market value is now falling because the transactions are high since many people are selling their Bitcoin and maybe that is due to christmas season. We should not be afraid of it. It will eventually climb its way up after a week or two and the best thing to do now is to hold.

rosepetals

full member

Activity: 650

Merit: 100

Financial aid for users: https://bit.ly/2SMY8gi

Quote from: Bloomie on December 21, 2017, 11:47:25 AM

Things looked somewhat promising yesterday as it was holding steady in the mid-high 16k range, even breaching 17k. Now it's in the low 15k. What's going on? Are we still hodling? Newbie asking for a friend here.

I think most holders and whales cashing out that cause price dumps..or there might be manipulation that was happening since BCH were growing while BTC is dumping.It crashes to $15k while it almost hit to $20k those previous days.
Investments in crypto is a risk,most people panic when price drops and these seems a roller coaster of emotions when theres a dip that was happening,others treat it as a chance to buy bitcoin more that strongly believe in bitcoin to easily recover in every downfall.

Vannie12

full member

Activity: 630

Merit: 130

Another ground shaking event that will cause the biggest sell off I guess. I will be holding, I would not want to regret anything. I think of its not about the Christmas time for everyone, the need of money in our country because of two typhoons( small chance causing dip ), or FUD.
BCH is in its fame tour again. Guess who will be abandoning bitcoins.

neite99

sr. member

Activity: 560

Merit: 250

As I have heard liuqi exchange has been hacked and the hackers have cash out the btc so it affected the price very much and made it fail. There must be an increase these days.

Sadnu

full member

Activity: 210

Merit: 100

Based on the data we've collected, we think speculation in the primary driver,” said Garrick Hileman, a Bitcoin expert at the Cambridge Center for Alternative Finance, in an interview in late May. Hileman says that surveys show most users buying and selling bitcoin for speculative purposes rather than to buy things or send cash to other people.

pingrabazar01

member

Activity: 118

Merit: 10

Its below $16000, but some days ago it was above $19000 . Hopefully it will break the previous record.

The Alchemlst

full member

Activity: 350

Merit: 100

BITDEPOSITARY - Make ICO's , More Secure

Quote from: Bloomie on December 21, 2017, 11:47:25 AM

Things looked somewhat promising yesterday as it was holding steady in the mid-high 16k range, even breaching 17k. Now it's in the low 15k. What's going on? Are we still hodling? Newbie asking for a friend here.

Its normal, bitcoin's price will continue to go down before December ends because more investors sold their bitcoins when btc reach almost $20000 this month increase the supply of bitcoins in the market thus making the value low. Still bitcoin will increase this 2018 based on the btc market's behavior as I have observed I think it will go back up in no time.

dontoromeo

newbie

Activity: 28

Merit: 0

December comes there are many expenses, and the demand goes down. They are not to bid broadly on the BTC, but for February it should go up or so I think

Itty Bitty

member

Activity: 138

Merit: 14

I don't think bitcoin would work too well as a network if 5 people controlled all the bitcoin.

If these drops end up redistributing coins to more people then that would seem to be a really good thing in the long run.

If in the end sharks and whales end up with more coins when the price turns back up, at the expense of noobs and many small time users, then this seems like bitcoin shooting itself in the foot, especially if this cycle is repeated over and over. I think this is where bitcoin differs greatly from something like Apple stock. 5 people could own all of Apple stock, and they'd still be in pretty good shape.

tuiputui

full member

Activity: 294

Merit: 100

Winter is coming+++

So is lightning network... Grin

Oerni79

member

Activity: 103

Merit: 10

People leave Bitcoin for entering to Altcoins like Verge, Nxt, coval etc. Bitcoins influence increases i think

harizen

legendary

Activity: 3122

Merit: 1398

For support ➡️ help.bc.game

Quote from: Bloomie on December 21, 2017, 11:47:25 AM

Things looked somewhat promising yesterday as it was holding steady in the mid-high 16k range, even breaching 17k. Now it's in the low 15k. What's going on? Are we still hodling? Newbie asking for a friend here.

Take note on how much the price increase in just few days rather than be worried of the current dip. Take advantage of it instead. If you have some spare funds, just enter.

You should understand that price dip is part of the game. Still going to hold your coins? It's up to you. It's not wise to do dump while the price is on downtrend because for me, since you are already on loss, then why just take more risks while taking advantage thru buying more?

If you eye for long term goals in bitcoin investment then ignore price dip or any kinds of FUD because your only focus is to increase your stash, that's all.

Risky? That's the challenge here so goodluck playing on it.

Nefarious

member

Activity: 214

Merit: 10

It's just a normal healthy correction. It was well overdue & needed tbh. Things will pick up again soon Wink

jona

member

Activity: 266

Merit: 10

There is nothing to worry about the drop,BTC have gone a long way with a lot of up and down but still fix itself so am not feared about the drop

coinycoiny

member

Activity: 273

Merit: 18

Could go as low as $0.5k

Topic: What's going on with the price today? - page 5. (Read 1171 times)