Topic: What's wrong with Bitcoin now? - page 9. (Read 798 times)
Why are you getting so panicky. Do you expect the price to keep on going up forever? And do you expect the price to recover so fast after the huge rally we had last year. Expect few more months of correction before we reach any where near ATH again. In fact I would say don't expect us to reach near ATH this year at all.
Well don't be panic about what happen to bitcoin ill think it was natural in a coins was going in down price, So we must wait on what happen next of the bitcoin and maybe in this year the bitcoin was going to increase the price just like in the other year.
In every market price when investing there must be a price down or price rise so I would not panic if the bitcoin price drops because I believe the bitcoin price will increase again. That is where life must have ups and downs so I do not doubt either in the business or the determination of up and down prices. 
We have quite a few factors that are dragging the price down. The idiot trustee that are managing the recovered bitcoins
from the MtGox fiasco is waiting for the price to increase and then he dumps coins. There was 162106 BTC in total and he
started dumping and now there are still about 137891 BTC left. So every time when the price recovers, this idiot dumps more
coins onto the exchanges. {adding coins on the supply side}
One other big factor was the banning of Crypto currency advertisements on some of the biggest social media platforms like
for instance Facebook & Twitter etc. So we have a steep hill to climb to get to the top again and the odds is being stacked up
against us at a very fast pace.
from the MtGox fiasco is waiting for the price to increase and then he dumps coins. There was 162106 BTC in total and he
started dumping and now there are still about 137891 BTC left. So every time when the price recovers, this idiot dumps more
coins onto the exchanges. {adding coins on the supply side}
One other big factor was the banning of Crypto currency advertisements on some of the biggest social media platforms like
for instance Facebook & Twitter etc. So we have a steep hill to climb to get to the top again and the odds is being stacked up
against us at a very fast pace.
There is nothing wrong with bitcoin we are just taking it for granted that whenever the price goes down we are doing panic but when the price goes up all of us celebrates and almost cashing out, that is why it is so important for us to at least stay calm all the time and let us just continue to support bitcoin all the time.
there is wrong with the bitcoin... its a trend of the market.. so dont worry and wait when the market will be stablize... 
Just believe in bitcoin, but yeah i know how you feel, and i hope bitcoin price will go up someday, but rightnow i think will stagnant bitcoin road its not easy.
Well don't be panic about what happen to bitcoin ill think it was natural in a coins was going in down price, So we must wait on what happen next of the bitcoin and maybe in this year the bitcoin was going to increase the price just like in the other year.
Bitcoin has lost almost 15% of its value since two weeks ago.
bitcoin is volatile and going up 15% or dropping down 15% is what we call "volatility". Quote
At the peak around Christmas holidays, it was trading at over $19,000.
yes and it is also up from last year's $1000 so it is already 8-9 times higher in only one year!Quote
Bitcoin investors have been predicting that meteoritic rises will commence any day now. But the price has been hovering in the $8,000-$9,000 range with surprisingly low volumes.
speculations these days are all over the place from what i am seeing which i believe proves that people are not sure about what will happen, although i have to admit they mostly tend to be positive and predict a rise.regarding volumes i have to say they are surprisingly high as a matter of fact. i don't know where you looked but they are high on all exchanges which is why i consider this an accumulation phase.
Nobody can't say what exactly is going on, there are only suggestions. There are experts who already said sorry for their optimistic prognosis for crypto currency for April-may. Promised bull run didn't happen still. Well, at least the price is not falling, we are here, somewhere between 8000-9000$ and I count it good enough for bitcoin.
For everyone wanting to monitor MTGOX wallet i found nice tool.
https://www.cryptoground.com/mtgox-cold-wallet-monitor/
Few days after each transfer there is dump on market (mostly ).
https://www.cryptoground.com/mtgox-cold-wallet-monitor/
Few days after each transfer there is dump on market (mostly
). 
This week, The New York Fed president says bitcoin 'doesn't pass the basic test' for a currency. So while I do think the price of bitcoin could climb slowly, I would expect it to be a very bumpy ride.
Expect blips, dips, mini-crashes, and shocking price rises along the way. All which will shock many people, and ensure you see many investors getting extremely emotional and become confused not knowing what to do next.
Expect blips, dips, mini-crashes, and shocking price rises along the way. All which will shock many people, and ensure you see many investors getting extremely emotional and become confused not knowing what to do next.
We also put into the scene the dumping of bitcoin by Mt Gox and the negative accusations by a business giant if we sum it up it means that the dump has occurred and followed by a short panic selling. You are correct my friend that the road ahead of bitcoin is bumpy since there are many obstacles and resistance before we can overcome and breach 10k$.
Did everyone forgot about MT GOX? They still have 162 000 btc to sell. They was obey to wait till september till court will decide whats with them. But few weeks ago they moves 16 000 btc from their wallets. Few days ago they moved another 8000. Why they moved it to exchange if they had to w8 till court will decide whats with them? Ivestors are scared that other 138k will be moved and sold on exchanges. Mayby thats pushing price down?
I think price wont be pushed to much north beafore MTGOX case will be closed.
I agree with you. That is also holding bitcoin at this moment. Correction still looks normal after december pump.
I think price wont be pushed to much north beafore MTGOX case will be closed.
Bitcoin rallied from 5400$ to 19,600$ in just a month, what do you expect that it will still continue to grow to that point on? Expecting something unrealistic in really not a traders way and the price correction we are seeing now is a normal phase to a traded asset online. Obviously when Bitcoin reached at its all time high almost everybody took profit and only some have manage to experience losses. Bitcoin more than doubling its value in just a month made this downtrend long as it maybe is making or waiting for a bigger move.
I agree with you. That is also holding bitcoin at this moment. Correction still looks normal after december pump.
Bitcoin rallied from 5400$ to 19,600$ in just a month, what do you expect that it will still continue to grow to that point on? Expecting something unrealistic in really not a traders way and the price correction we are seeing now is a normal phase to a traded asset online. Obviously when Bitcoin reached at its all time high almost everybody took profit and only some have manage to experience losses. Bitcoin more than doubling its value in just a month made this downtrend long as it maybe is making or waiting for a bigger move.
This week, The New York Fed president says bitcoin 'doesn't pass the basic test' for a currency. So while I do think the price of bitcoin could climb slowly, I would expect it to be a very bumpy ride.
Expect blips, dips, mini-crashes, and shocking price rises along the way. All which will shock many people, and ensure you see many investors getting extremely emotional and become confused not knowing what to do next.
Expect blips, dips, mini-crashes, and shocking price rises along the way. All which will shock many people, and ensure you see many investors getting extremely emotional and become confused not knowing what to do next.
Bitcoin has lost almost 15% of its value since two weeks ago. At the peak around Christmas holidays, it was trading at over $19,000.
Bitcoin investors have been predicting that meteoritic rises will commence any day now. But the price has been hovering in the $8,000-$9,000 range with surprisingly low volumes.
One Good Post: why is Bitcoin price stagnant?
What is happening in the Bitcoin world? What is the near-term price forecast for Bitcoin?
Bitcoin investors have been predicting that meteoritic rises will commence any day now. But the price has been hovering in the $8,000-$9,000 range with surprisingly low volumes.
One Good Post: why is Bitcoin price stagnant?
What is happening in the Bitcoin world? What is the near-term price forecast for Bitcoin?
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