What's happening to Bitcoin? - page 18.

zeaderza

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Quote from: swaptaker on December 22, 2017, 11:20:33 AM

Quote from: mace15 on December 22, 2017, 11:17:13 AM

Quote from: redwhite037 on December 22, 2017, 09:22:17 AM

Yea. It is going down very strongly. dropped to over $ 5000. But I do not care because I know it will recover soon. Many people are investing in BCH. I think that is the reason why the BTC has fallen so sharply. Believe me it will recover stronger and will reach $ 20000 soon

Many had panic selling of bitcoin and I agree with others some are in profit taking. Yes when price drops it will recover again like the time it was happen. Btc price is always volatile so I think if you have funds buy at the dips and hold.

They're selling like crazy because they are not professional. All they want is quick and large profits which is not available every time on the market. Those amateurs cause price drops. This will end, don't worry.

Selling is not the solution to avoid lose in your investment. Many people sold their bitcoin when the price was 8000 dollars but soon they realized that they made a bid mistake and they lose the opportunity to make more and more money from bitcoin. The price hit 10000 dollars in the next few days.

So here patience is required. Hold your bitcoins and wait for some more time and I am pretty sure that in the next year it will rise more and the holders will be happy with their decision of not selling their bitcoins.

adsdas

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It is just a adjustment. You are not too worried. let look the market now, its price has increased over $14k. 2018 is the bright future for Bitcoin

posi

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Quote from: outlandz on December 19, 2017, 09:43:20 PM

Bitcoin is taking a huge plunge!
Are you guys selling to be safe, or still hodl in the hope it will go up again?

A lot of people are panic, while some sell due to Christmas expense but I'm still holding my own coin. However, the reason behind people panic sell was the negative news posted on bbc

qiman

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I am hoping the lightning network will help bring Bitcoin up again as it will help lower transaction fees and be a good assistance for micro payments again. Nowadays you cannot do small bitcoin transactions because the network does not support small transactions anymore because of the heavy fees being paid to the miners. I think everyone is waiting for this to happen so Bitcoin can grow again from this last heavy correction of 40% loss from last All Time High.

feelideb

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Bitcoin has passed the stage of catastrophic crash. There can only be correction if sudden price surge. After the correction, bitcoin continue it's journey to it's true value. No need to panic at all or else you lose out.

cryptojaani

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Quote from: ZenRoy on December 30, 2017, 04:53:30 AM

This could be a correction, or an actual repricing as a lot of people might have realized Bitcoin's disadvantages, ie. fees and confirmation time.

I think there are many issues with it like late transections and also transections fee are very high right know which is the reasons that most of the people are going towards ulternatives. Many had panic selling of bitcoin and I agree with others some are in profit taking. Yes when price drops it will recover again like the time it was happen.

cavaBcoin

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Quote from: Akash1243 on December 28, 2017, 12:08:00 AM

Well i think that this drop was expected as bitcoins prices increased too much is very small amount of time so correction was bound to happen.Bitcoins drops and soon bitcoins get covers the dump and rise to next level so i would recommend to hold your bitcoins, don't panic and sell you would only regret later.

Holding or selling? It’s up to your thought and yourself decision.Think in positive way, we all know clearly that bitcoin’s price have it volatility, sometimes it’s stable, increased or decreased immediately. Therefore, now holding or selling is all a good decision. I myself believe that holding it will be better, because foremost I have trust on what I’ve invested, the second is in my experiences, I used to regret for some first time I invest btc when I sell it, It increased immediately. From my mistakes I think that holding is best choice now, Bitcoin will rise again.

Kiweikoo

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Quote from: Blue2012 on December 19, 2017, 10:05:48 PM

Quote from: outlandz on December 19, 2017, 09:43:20 PM

Bitcoin is taking a huge plunge!
Are you guys selling to be safe, or still hodl in the hope it will go up again?

I will still hold my bitcoin because i'm pretty sure that it is just a temporary and it will go up again. It always happen to bitcoin that's why bitcoin is volatile it goes up and down so don't panic sell, wait for the price to increase again.

Yes, that is the real mind of a pure investor. There is really nothing to worry about honestly. This is something that is very much expected and the market lately has shown some huge spike signs that was a little bit disturbing, so I would not really be bothered seeing the market correcting itself right now. The best thing is just to know that there is a great future laying ahead each and every one of us despite anything that happens.

Ctn

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Quote from: outlandz on December 19, 2017, 09:43:20 PM

Bitcoin is taking a huge plunge!
Are you guys selling to be safe, or still hodl in the hope it will go up again?

Im really holding onto bitcoin for long and I will do it unless and until it go above 20K again. The time is to show some patience and there is no point in the selling after seeing bitcoin once reaching the 20K. It will do it again and there is no doubt about. As we all know we had to cash out some portion of it for the Christmas thing and the holidays stuff, this has dropped it down currently. The market capitalism would be huge once the bitcoin takes the leap in the next month. People will be refreshed from the holidays, they will be hungry to earn some profits because they would had spent every dime on the holidays etc. With that kind of evaluation I'm hoping that bitcoin will bang once more and we will start seeing the upwards movement. :-)

HappyLocust41

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That's true. This is the time of the bears since whales have unloaded some funds on the way up until the upward strength got exhausted.

b!t

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You can watch the whole timeline of the price chart rollercoaster, this type of stuff (price dipping) is nothing new in bitcoin.

BumbleBeast27

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It is undergoing a price correction stage. It is a healthy market move, but if you think that this is associated to something else like bad news or people actually moving away from investing in BTC, you might as well make a plan B

bitzizzix

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Quote from: Blue2012 on December 19, 2017, 10:05:48 PM

Quote from: outlandz on December 19, 2017, 09:43:20 PM

Bitcoin is taking a huge plunge!
Are you guys selling to be safe, or still hodl in the hope it will go up again?

I will still hold my bitcoin because i'm pretty sure that it is just a temporary and it will go up again. It always happen to bitcoin that's why bitcoin is volatile it goes up and down so don't panic sell, wait for the price to increase again.

Must be able to predict the bitcoin site in order to make the right decision, my advice to keep it better because the development of bitcoin lately is increasing and likely to be stable at high prices. all depending on the desired target and if the price matches it would not hurt to sell it most importantly profitable and wise to take decisions so as not to regret

ballerin and giroud

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Very far if the bitcoin value will be low, although sometimes the price drops dramatically it only takes a few days bitcoin prices will return high. I think, investing in bitcoin in 2017 is very safe, or it can be said the best place to invest. Because in the short term we can get a profit.

But if we look at the development of bitcoin prices in 2017, it is very impressive. Proven by the end of 2016 bitcoin prices only reached $900, but we see now bitcoin prices could reach $20000. So do not worry when bitcoin prices go down, make it a chance to buy lots of bitcoins.

Well, I hope the positive bitcoin trend will happen in 2018.

BobBct

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Bitcoin became bearish in the past few days because i think of the fork but don't sell unless you are scared and ok to loose money.

JanEmil

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AntoCokbun

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Quote from: outlandz on December 19, 2017, 09:43:20 PM

Bitcoin is taking a huge plunge!
Are you guys selling to be safe, or still hodl in the hope it will go up again?

at this time I prefer to keep holding it and try to remain confident that it will go back up again because I think the rise and fall of Bitcoin prices is a natural thing.

Partizanai

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Quote from: babsjoe on December 30, 2017, 05:52:06 AM

Nothing is happening to bitcoin. If you are nit an expert trader, it will be good not to be concerned about price volatility! Bitcoin is solid as rock and bitcoin is the future of money!

i agree with you, yet i want to make a small correction, crypto currency is the future of money. Yet bitcoin is in a good place right now

babsjoe

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Nothing is happening to bitcoin. If you are nit an expert trader, it will be good not to be concerned about price volatility! Bitcoin is solid as rock and bitcoin is the future of money!

Kevin77

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Quote from: Oceat on December 24, 2017, 06:03:00 PM

Quote from: Lmaooo on December 24, 2017, 05:27:10 PM

Quote from: outlandz on December 19, 2017, 09:43:20 PM

Bitcoin is taking a huge plunge!
Are you guys selling to be safe, or still hodl in the hope it will go up again?

it is not a good idea to sell right now because the market is going up not down. it is always a good idea to sell when the market value starts dropping.

It's not yet too late to buy now since the price is not in the line of ATH, so the chances are big if you hold it for a long time. And i think this is just the [rice correction that's why it goes down or maybe because it's christmas that's why a lot of users are selling their Bitcoins.There's a simple rules in the market, always buy low and sell high these are the basics when you enter in the Bitcoin economy.

It is not too late honestly, bitcoin is showing some good sign of testing the upward trend soon, and I would rather wait a little bit anyway if you know how to follow trend to know when to buy even more. However, if you are considering holding for the long term, the market is one that is here to stay and no matter the huge correction, bitcoin will thrive and get better both in characteristics and value.

If you people do think like bitcoin's value around $15k is more than enough and not meaningful for bitcoin's value then time will prove all of you as wrong predictors. Profit booking by whales and traders is the only reason why right now bitcoin prices are range bounded.

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