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Topic: What's happening to Bitcoin? - page 28. (Read 3708 times)

full member
Activity: 868
Merit: 100
Proof-of-Stake Blockchain Network
December 20, 2017, 04:30:48 AM
#21
bitcoin price is better than fast because it's fast here but most people are not so much or I mean they can not afford the bitcoin so it's hard for someone else to buy it, but the way bitcoin holds is You will also earn a huge amount of its price every day so I can say that the price of bitcoin has decreased so you can buy and hold it for sure to make it here.
jr. member
Activity: 163
Merit: 1
ICOForums.net - A Cryptocurrency & ICO Forum
December 20, 2017, 04:09:36 AM
#20
I am still holding. The fall in Bitcoin's price is due to the surge in BCH . It's quite obvious that they are pumping BCH again.
Am just waiting to see how hard they dump it this time. Bitcoin will grow stronger when BCH dumps it. Grin
newbie
Activity: 4
Merit: 0
December 20, 2017, 02:48:33 AM
#19
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.

I will hodl and wait for the recovery, and hope for the best!
sr. member
Activity: 2366
Merit: 332
December 20, 2017, 01:15:06 AM
#18
Just a plain market correction. The sudden rise is just because people are riding the wave and some just are panic buying thinking that it would go up some more after that initial pump. Well, now because there isn't really enough demand for it now the price is going down and no one has interest anymore of buying at that current prices. Likely we'll see another pump before the year end and probably see $20,000. But right now, this is the correction bitcoins needed.

I have this feeling also that the much awaited correction is happening, although might not be down for a longer time because bitcoin has not been down for a longer time than it has stayed up. The final rush for this period/season is likely to come very soon.
hero member
Activity: 756
Merit: 505
December 20, 2017, 12:55:43 AM
#17
Just a plain market correction. The sudden rise is just because people are riding the wave and some just are panic buying thinking that it would go up some more after that initial pump. Well, now because there isn't really enough demand for it now the price is going down and no one has interest anymore of buying at that current prices. Likely we'll see another pump before the year end and probably see $20,000. But right now, this is the correction bitcoins needed.
full member
Activity: 490
Merit: 100
December 20, 2017, 12:36:39 AM
#16
keep calm and keep hold.. I am prety sure in 2018 bitcoin will reach more than $ 20K, I will waiting until bitcoin price increased and sell bitcoin when the price is higher than now so I can get a big profit..
sr. member
Activity: 260
Merit: 250
snack of all trades
December 20, 2017, 12:20:35 AM
#15
that's just a adjustment of the market. you dont need to be too nervous. it will recover soon. Look at the history of Bitcoin, you can realize that.
full member
Activity: 420
Merit: 103
December 20, 2017, 12:09:24 AM
#14
Keep holding. Yes, it will dump but it will soon recover. Bitcoin is showing a really impressive potential in the market and I am confident that by year 2018 it will be greater.
jr. member
Activity: 154
Merit: 8
SODL
December 19, 2017, 11:57:56 PM
#13
I agree with you, Bitcoin is not going to go down forever, but Bitcoin is down a bit, later if the ride must rise rapidly, hopefully also Bitcoin continue up and up.

You might be right. But I just don't see any reason for it to be worth more than 0. It's dead obvious that it's not going to survive as payment system (just read what Emil says himself: https://www.thesun.co.uk/news/5171016/bitcoin-guru-admits-he-has-flogged-all-of-his-cryptocurrency-because-its-virtually-unusable-in-the-real-world/). So if it's a dead end as a payment system, why would it be worth more than 0 ?
legendary
Activity: 1190
Merit: 1002
December 19, 2017, 11:56:55 PM
#12
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 just check my wallet, it surprises me that it really plunges. Even so, I still will not touch my bitcoins, it never stays, it goes down a little then, it will rise big.
I agree with you, Bitcoin is not going to go down forever, but Bitcoin is down a bit, later if the ride must rise rapidly, hopefully also Bitcoin continue up and up.

Ya it is true that Bitcoin has to do some correction then only it will move back to high after this correction, so for traders who have sold bitcoin in high price is a good opportunity to buy back and who ever wants to enter bitcoin can buy now as this is a good low price.
full member
Activity: 490
Merit: 100
send and receive money instantly, with no hidden c
December 19, 2017, 11:55:00 PM
#11
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 just check my wallet, it surprises me that it really plunges. Even so, I still will not touch my bitcoins, it never stays, it goes down a little then, it will rise big.
I agree with you, Bitcoin is not going to go down forever, but Bitcoin is down a bit, later if the ride must rise rapidly, hopefully also Bitcoin continue up and up.
full member
Activity: 490
Merit: 100
send and receive money instantly, with no hidden c
December 19, 2017, 11:51:11 PM
#10
What do you do if the value of Bitcoin drops drastically?
do you want to buy coin for an investment for a moment Bitcoin ride?
jr. member
Activity: 154
Merit: 8
SODL
December 19, 2017, 11:50:42 PM
#9
Yes, I do agree that current bitcoin issues but I don't agree that it will go to zero value.

The current price drops may be just for short-term and slowly bitcoin prices will recover back soon or later. I will not sell now and hold bitcoins but if possible will buy some bitcoin cash as well after some correction.

It might recover and even set new highs above $20.000. But I do think we might be at a turning point here. If people realize that bitcoin itself just is useless as a payment system (compared to other coins, due to extremely high transaction costs and extremely slow processing times) then why would they still want to buy it ? Just because it always went up ?

I've done the same as Emil Oldenburg and bought BCH (which IS a very good payment system) and I'm short bitcoin itself. But who knows, I might get stopped out at $20.000 Wink We'll see. Good luck to you !
full member
Activity: 742
Merit: 144
December 19, 2017, 11:50:11 PM
#8
Bitcoin is taking a huge plunge!
Are you guys selling to be safe, or still hodl in the hope it will go up again?

Correction I think, but I will not sell on panic I believe on this great technology and for sure bitcoin will bounce back even higher, grab this opportunity to buy more bitcoin so you can have big profit in the future. Btc is falling and for me its normal.
full member
Activity: 490
Merit: 100
send and receive money instantly, with no hidden c
December 19, 2017, 11:47:40 PM
#7
Bitcoin is taking a huge plunge!
Are you guys selling to be safe, or still hodl in the hope it will go up again?


if I still would not sell it, I believe Bitcoin will surely go up again, if Bitcoint down it's normal if I think up and down is a natural thing, just take advantage of it, when Bitcoin down I want to buy as much coin and invest it until Bitcoin rises steadily.
legendary
Activity: 1456
Merit: 1023
December 19, 2017, 11:42:26 PM
#6
Well 2 things happened today:
1) Coinbase started offering BCH
2) Emil Oldenburg, one of the starters of bitcoin.com sold all his bitcoins and told everyone that the bitcoin has no value as payment system because it's extremely slow and has become unusable. He switched to BCH.

It might recover who knows. But fact of the matter is that this guy is right and bitcoin itself has no future as a payment system. Once people start to see this, it will go to 0. So be careful, my advise would be to spread to some alt coins.


Yes, I do agree that current bitcoin issues but I don't agree that it will go to zero value.

The current price drops may be just for short-term and slowly bitcoin prices will recover back soon or later. I will not sell now and hold bitcoins but if possible will buy some bitcoin cash as well after some correction.
jr. member
Activity: 154
Merit: 8
SODL
December 19, 2017, 11:14:22 PM
#5
Well 2 things happened today:
1) Coinbase started offering BCH
2) Emil Oldenburg, one of the starters of bitcoin.com sold all his bitcoins and told everyone that the bitcoin has no value as payment system because it's extremely slow and has become unusable. He switched to BCH.

It might recover who knows. But fact of the matter is that this guy is right and bitcoin itself has no future as a payment system. Once people start to see this, it will go to 0. So be careful, my advise would be to spread to some alt coins.
hero member
Activity: 812
Merit: 500
December 19, 2017, 10:59:44 PM
#4
Bitcoin is taking a huge plunge!
Are you guys selling to be safe, or still hodl in the hope it will go up again?

Both of them is good sell or hold, bitcoin can be raise up again maybe for few month
Decision in your hand  Wink
full member
Activity: 168
Merit: 100
Decentralized Escrow currency for Crypto world
December 19, 2017, 10:37:49 PM
#3
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 just check my wallet, it surprises me that it really plunges. Even so, I still will not touch my bitcoins, it never stays, it goes down a little then, it will rise big.
full member
Activity: 182
Merit: 102
December 19, 2017, 10:05:48 PM
#2
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.
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