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Topic: Why Bitcoin is falling ? 9000?!? - page 6. (Read 3620 times)

newbie
Activity: 14
Merit: 0
November 29, 2017, 03:02:17 PM
#17
Bitcoin rose very fast over $11,000. Now some whales are taking profit. It is a normal correction. I believe we will see more ATHs this year!
full member
Activity: 420
Merit: 136
November 29, 2017, 03:01:29 PM
#16
Whales taking profits.

Even more so whales taking profits and feeding off peoples fear and inexperience to then buy back at a lower price. It is the same thing that has happened time and time again only this time it's larger dollar swings. Bitcoin pumped to over 11k with very little actual volume and it seemed only a matter of time before such a correction.
newbie
Activity: 56
Merit: 0
November 29, 2017, 02:58:27 PM
#15
Whales taking profits.
legendary
Activity: 2912
Merit: 1068
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November 29, 2017, 02:54:43 PM
#14
Nothing strange has happened to my opinion. In one moment today Bitcoin price crossed over 11000$ and then many thought that price will go all the way to 15000$ but I would say this minor correction was expected and maybe the price will fall a bit more but this is not time to sell and don’t sell, there is no reason for that. Buy if you can because soon the price will start to rise again.
full member
Activity: 476
Merit: 124
November 29, 2017, 02:53:48 PM
#13
In my opinion, this is a slight correction happening. Big whales having a massive selloff, others are panic selling, some are taking profit. It is the best opportunity to accumulate more and prepare for a take off next month to start the year 2018 at a new all time high price of bitcoin.
member
Activity: 224
Merit: 24
November 29, 2017, 02:53:27 PM
#12
Well, I guess everyone is trying to protect themselves from the fall and are selling at market. Great contrarian moment, I must say. Of course, for those who have the nerves and some market experience.
newbie
Activity: 16
Merit: 0
November 29, 2017, 02:51:04 PM
#11
All coins are going down simultaneously .. may be
something weird happened
legendary
Activity: 1315
Merit: 1002
November 29, 2017, 02:48:42 PM
#10
The fall is not going to last very long, bitcoin to go back up to where it was earlier very soon and hit $15,000 soon. Just HODL Cool

It wont go up if previous pump was artificially created by eastern guys, you know who.

And if that is true, we will go down this time, way more down then just to, for now, $9k per BTC. Wild wild east?
newbie
Activity: 23
Merit: 0
November 29, 2017, 02:47:04 PM
#9
Litecoin and ether are falling too. Not sure why but I'm sure they'll all be up again tomorrow. It's the time to buy!
newbie
Activity: 11
Merit: 0
November 29, 2017, 02:45:55 PM
#8
Might be a good time to buy while its at a dip. Usually it dips then comes back at an all time high within a week or two.
member
Activity: 98
Merit: 10
November 29, 2017, 02:44:50 PM
#7
The fall is not going to last very long, bitcoin to go back up to where it was earlier very soon and hit $15,000 soon. Just HODL Cool
sr. member
Activity: 438
Merit: 266
November 29, 2017, 02:43:11 PM
#6
Simplest answer you can get here: bitcoin is speculative currency and speculation bubble popped. There is correction of Bitcoin price. Coinbase is unavailable too. It always happens during dumps.
full member
Activity: 280
Merit: 105
November 29, 2017, 02:39:44 PM
#5
My guess is hitting 10 000 was a milestone for a lot of people and it went as high as 11.5k+ earlier today then a whale sold off or something and here is the problem with a bunch of people who own a % selling.. they create a snowball effect and others panic and get scared and start selling. How low will it go? No one knows as for long term hodlers you have nothing to worry about : ). So just hold
Disclaimer: this is not financial advise trade at your own risk

I'd say your description is about spot on, I think it'll find a level about 8500 and maybe close out in the low 9000s by the end of the day. Too much money and too much hype never ends well. It will be interesting to see how people react to this 2k drop in a matter of hours, for many it will be the first time they've seen such volatility.
member
Activity: 532
Merit: 13
November 29, 2017, 02:38:17 PM
#4
Broke $10000 yesterday then broke $11000 today. Probably rose too quick so falling back until price recovers again.
sr. member
Activity: 438
Merit: 250
November 29, 2017, 02:36:49 PM
#3
My guess is hitting 10 000 was a milestone for a lot of people and it went as high as 11.5k+ earlier today then a whale sold off or something and here is the problem with a bunch of people who own a % selling.. they create a snowball effect and others panic and get scared and start selling. How low will it go? Back to 10k by tomorrow. So just hold
Disclaimer: this is not financial advise trade at your own risk
The news came out that the nasdaq will accept bitcoin futures, and can play to lower it, because it is set to it negatively
newbie
Activity: 32
Merit: 0
November 29, 2017, 02:36:22 PM
#2
Don't just HODL... I'm buying Cheesy!
full member
Activity: 200
Merit: 100
Thrive
November 29, 2017, 02:33:38 PM
#1
My guess is hitting 10 000 was a milestone for a lot of people and it went as high as 11.5k+ earlier today then a whale sold off or something and here is the problem with a bunch of people who own a % selling.. they create a snowball effect and others panic and get scared and start selling. How low will it go? No one knows as for long term hodlers you have nothing to worry about : ). So just hold
Disclaimer: this is not financial advise trade at your own risk
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