Pages:
Author

Topic: What's happening to Bitcoin? - page 27. (Read 3708 times)

jr. member
Activity: 154
Merit: 8
SODL
December 20, 2017, 09:52:43 AM
#41
Well you guys have bitcoin history in your favour. It always made new highs so chances are that it will now too. However I do know these 3 things:

1) block chain is here to stay
2) The coins that ultimately will have value as payment system will survive
3) Bitcoin itself surely isn't such a coin.

Also read this wonderful article from Artechnica: https://arstechnica.com/tech-policy/2017/12/bitcoin-fees-rising-high/

Anyway, this does not imply that we won't make new highs in bitcoin. We might even hit 100k or more, who knows. But the point WILL come that bitcoin itself is game over and the people who say 'always buy the dip' will be the bag holders (it was the same in the dotcom hype and I was one of the bag holders back then, surely wont happen again).

Hence my advise is to diversify your coin portfolio. Good luck everybody, be safe.
legendary
Activity: 1792
Merit: 1283
December 20, 2017, 09:18:48 AM
#40
Well, there's a massive sell wall at 20k on all Bitcoin exchanges, it's going to take a while to take that down.
It also doesn't help that we've seen some bad news in mainstream media, Bitcoin.com co-founder selling all his BTC and being public about it.

Most of my coins are timelocked, so I have no other option than to hold Tongue
hero member
Activity: 1246
Merit: 529
CryptoTalk.Org - Get Paid for every Post!
December 20, 2017, 08:58:44 AM
#39
Bitcoin is taking a huge plunge!
Are you guys selling to be safe, or still hodl in the hope it will go up again?

Lol. If you sold a while ago, then you probably will be scratching your head right now with bitcoin recovering. As most experienced trader would tell you, these dumps are normal and can be caused by several reasons but there are always traders waiting to buy back so its never going to really crash
sr. member
Activity: 602
Merit: 252
December 20, 2017, 08:35:16 AM
#38
Indeed Bitcoin did go for a dive when this topic was created due to the Bitcoin cash pump as a result of Coinbase's move. Not to worry though, since there have been similar instances in the past where Bitcoin has hit deeper plunges due to various factors but has always regained it's traction and has got back on its course soon enough.

As of right now, it's around $18k, slowly but steadily recovering from the fall so the choice is pretty obvious here: perservere and HODL!
member
Activity: 280
Merit: 10
December 20, 2017, 07:42:58 AM
#37
Nothing you do not worry. The discount is very normal. It will soon rise again and up over $ 20,000. Some reasons I guess for the price to fall are the shark btc sale to invest bch. and Korean trading platform hacked. I think so. But it will soon come back strongly in the coming days.
full member
Activity: 462
Merit: 101
December 20, 2017, 07:06:37 AM
#36
If a deep correction is coming, then it makes sense to sell, and on correction to buy back bitcoin. But in any case, bitcoin in my opinion will always recover. But it all depends on the whales that are manipulated by this market.
hero member
Activity: 2632
Merit: 787
Jack of all trades 💯
December 20, 2017, 07:04:48 AM
#35
Bitcoin is taking a huge plunge!
Are you guys selling to be safe, or still hodl in the hope it will go up again?


This is the time to buy more bitcoins because bitcoin price will increase soon, buy bitcoins until it's too late.

Actually there's no exact time to buy bitcoins since each time we execute our buy orders is the right time with bitcoins we are at good state if we buy now or in future since the rise up of bitcoins is nonstop and the opportunity can give us with this coin is huge, We can actually see more people getting rich from it year by year since they buy the bits when they feel to buy it and earn with it when huge pump comes.
hero member
Activity: 574
Merit: 501
December 20, 2017, 06:57:09 AM
#34
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 think any other coins are better for trading. But bitcoin should be hodl. It'll provide good oldness for many ppl Smiley
jr. member
Activity: 70
Merit: 2
December 20, 2017, 06:36:32 AM
#33
I agree. It'd not really an issue though since it's normal for everyone to have respective target prices.
copper member
Activity: 1722
Merit: 1004
PredX - AI-Powered Prediction Market
December 20, 2017, 06:36:24 AM
#32
Bitcoin is taking a huge plunge!
Are you guys selling to be safe, or still hodl in the hope it will go up again?


This is the time to buy more bitcoins because bitcoin price will increase soon, buy bitcoins until it's too late.
full member
Activity: 490
Merit: 100
December 20, 2017, 06:34:42 AM
#31
I think profit taking is the issue here. People on profit  are releasing their hold and taking profit after a new high was made by bitcoin. I release half my holding and still holding the other half till next year.
full member
Activity: 504
Merit: 102
December 20, 2017, 06:33:38 AM
#30
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'm afraid I was sleeping during this event, that I now know it is related to bcash being listed on coinbase. No point in selling my bitcoins as the price is quite low, but I'm not sure if I will buy more right now, since it already recover a bit. I guess I will just keep holding and wait for it to start a full recovery, and we all know what a bitcoin full recovery normally means. So my plan is to wait for a while, and see if it gains some momentum, indicating that it is recovering, I will then buy and wait for it to get to new all time highs in the next days.



It happens this year 2017 that bitcoin value is successively increasing tremendously making it into a 1 million plus its rates. And if i have a bitcoin i used to hold it because this was just a preliminary increase of value, so expecting by next year it will reach the value $25,000K.
legendary
Activity: 1694
Merit: 1005
Betting Championship betking.io/sports-leaderboard
December 20, 2017, 06:28:35 AM
#29
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'm afraid I was sleeping during this event, that I now know it is related to bcash being listed on coinbase. No point in selling my bitcoins as the price is quite low, but I'm not sure if I will buy more right now, since it already recover a bit. I guess I will just keep holding and wait for it to start a full recovery, and we all know what a bitcoin full recovery normally means. So my plan is to wait for a while, and see if it gains some momentum, indicating that it is recovering, I will then buy and wait for it to get to new all time highs in the next days.
full member
Activity: 418
Merit: 100
24/7 COMMUNITY MANAGER 💯
December 20, 2017, 06:21:18 AM
#28
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 think it will be worth the next year and can give you good income. It is good to just hold my bitcoin because I believe it will be good in the future.
sr. member
Activity: 1988
Merit: 283
December 20, 2017, 06:00:34 AM
#27
Bitcoin is taking a huge plunge!
Are you guys selling to be safe, or still hodl in the hope it will go up again?
for me i will keep holding cause bitcoin still increasing on this moment.  .maybe it will make a new correction again like what happened before which is making a long jump.  Cause i have doubts maybe this is not the end of bitcoin journey maybe it will continue before year end. 
full member
Activity: 378
Merit: 100
DATABLOCKCHAIN.IO SALE IS LIVE | MVP @ DBC.IO
December 20, 2017, 05:47:52 AM
#26
What has happened to Bitcoin for the last six months or so is out of ordinary. I wouldn't be surprised if the same thing happens again, when it plunges.
The great grow was just in 30 last days. That`s very crazy! Cryptocurrency now looks like a wildwest with it`s own rules and canons.
A lot of new investors came, especially from America (coinbase allow easily to buy btc,ltc,eth and bcc for fiat money on bank card)
member
Activity: 378
Merit: 17
December 20, 2017, 05:16:06 AM
#25
What has happened to Bitcoin for the last six months or so is out of ordinary. I wouldn't be surprised if the same thing happens again, when it plunges.
full member
Activity: 672
Merit: 140
December 20, 2017, 05:08:58 AM
#24
I believe there are 2 main options, futures trading and this post from another Bitcoin guru Emil Oldenburg.



But, this price fall will allow thousands of people to earn another millions $.

I personally believe in BTC, but also suggest to take a look at BCH, price rocketed for 42% during last 24h.
member
Activity: 238
Merit: 10
OPEN GAMING PLATFORM
December 20, 2017, 04:52:41 AM
#23
As I checked the price of the BTC, it has risen to more than $17,000, the downward price has come to an end, and I believe that the price of the BTC will increase rapidly. Therefore, you should buy Bitcoin the most at present and hold until the end of this year or beginning of 2018, the BTC rate is expected to reach $20,000. Because the reduction of the BTC is only temporary, the reason is that there are too many BTC sellers when its price reaches nearly $20,000. So keep calm to hold Bitcoin and wait until it increases strongly.  Grin
member
Activity: 504
Merit: 14
Miracle Tele
December 20, 2017, 04:43:05 AM
#22
      The total value of coins in circulation will be 10 times higher than the average value of one-day foreign exchange transactions, reaching a value of $ 1.75 trillion.
The maximum number of Bitcoin coins that can be created is 21 million, a value that should be reached in 2140. In 10 years, the analyst believes that their number will reach 17 million, at the moment being on the market 16.3 million. So if we divide the total value of the coins in circulation over 10 years, estimated to reach 1.75 billion, to the 17 million coins, that would mean that the value of one alone will reach 100,000 dollars.

 
      To reach 0 a bitcoin? never
Pages:
Jump to: