Will bitcoin drop? | Bitcointalksearch.org

goinmerry

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Quote from: michellee on September 13, 2017, 10:54:06 PM

Quote from: meelvanchris on September 13, 2017, 09:15:52 PM

Quote from: Gotomoon on September 13, 2017, 06:59:48 PM

There are many speculation about bitcoin price that it will drop so hard. If we will not take the risks in buying at the low price and suddenly it become soaring high. We will feel regret again by not taking the opportunity, so I'd rather hold and wait for the price to high again.

That's better but if you have excess money then you can buy some bitcoins at current price as price is below $4000 and most of the people were waiting for this price so that they can buy at lower price and if you don't want to buy then hold your existing coins and wait for the price to go higher once again.

i see many trader is already buying at $39xx and they are waiting for another down and I think the price will be down again. I think if one bad news is release, many people panic and they do fast selling and this makes bitcoin drop for more. I don't know why they are too easy to be panic but we don't need to follow their step.

Panic happens everywhere.

Because price decrease is considered as bad thing to happened by others, they must learn how to flip the coin back and take this price decrease as an advantage instead. Buy more during the dips and never sell during downtrend. Why in the first place someone will sold their coins at below price they bought it. It's not a wise move although the purpose it to minimize losses. They should realized that bitcoin is long term so just gather coins and forget price decrease. Chances for bitcoin to become zero value is low chance so just face the risks.

DustyRah

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I think the price will drop below the 2xxx mark easily. There are a LOT of people who would be profitable even at that level so they will dump when it starts to go down more. Panic selling is already under way. To be honest, since traders are involved, there would be no profits without the ups and downs. In the long run, even those who bought at $5000 mark will profit anyway.

As for Chinese exchanges, I hope they all close down permanently and the Chinese are out of this game. They cause a lot of uncertainty and rules there change on a daily basis and in an unpredictable manner since their process is not transparent.

funnyapple

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Yes, their will be a chance of bitcoin to drop but there is less chance of dropping but chance of increasing of bitcoin is more than dropping. From past many years there was continuously increasing a bitcoin.

BitHodler

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Quote from: sanjeevtalks on September 14, 2017, 01:36:41 AM

I attribute the current downfall to three reasons:

1) China market uncertainty related to future of Bitcoin Exchanges
2) People selling coins after reaching $5000 mark to rake in profits.
3) JP Morgan's CEO statement against Bitcoin.

This is just a above average Technical pull-down situation. The value will again go up once people start buying more.

Why can't it be a perfectly normal correction instead of external statements affecting this market? It's option (2) that I deem to be a realistic reflection of what is currently happening.

People kept hodling on to their coins for quite a long time (much longer than I was expecting), which has greatly contributed towards reaching the $5000 mark this month ~ people are in the game to make profit after all.

If one doesn't cash out, there will be no profits. I am quite confident that the $3000 mark will form a rock solid bottom. Considering what we have gone through, seeing sub $3000 levels is like the market being oversold.

I will use this opportunity to buy myself a whole lot of more coins the lower it keeps falling. My next buying target sits below the $3500 mark ~ currently the price went down all the way to $3620 on Bitstamp.

azguard

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Quote from: goinmerry on September 13, 2017, 02:41:29 PM

We are used to this kind of price movement, price will increase hard then will also decrease hard but in the end what happen?

Now that price decrease for around $1,000 right now, I think I will agree to everybody's saying that an average bitcoiner can take this opportuniny to increase the quantity of their bitcoin. Id rather take and face the risk of buying it today than waiting for more price dip.

What happen price recovered. Sometimes fast sometimes slow. This will be the same, price went up fast so it must fall down fast to certain point then it will start recovering for good. Next maybe major move can be in November for some bigger price change.

marcuslong

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Some prediction are becoming true however if you can't handle the bitcoin price drop then you people don't deserve when the price increase up to multiple times this is the thrill here when the price drop people had their chances to use bitcoin the the market will fall too alternative coins and others so better to buy now before its too late.

sanjeevtalks

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I attribute the current downfall to three reasons:

1) China market uncertainty related to future of Bitcoin Exchanges
2) People selling coins after reaching $5000 mark to rake in profits.
3) JP Morgan's CEO statement against Bitcoin.

This is just a above average Technical pull-down situation. The value will again go up once people start buying more.

negancoin

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when bitcoin crash is a opportunity to buy, not a big deal.

avp2306

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Quote from: Kp4everK on September 13, 2017, 11:50:37 PM

Quote from: pornluver on September 07, 2017, 05:01:48 AM

Eliot waves analysts

https://ewminteractive.com/btcusd-ready-another-terrifying-pullback

and Goldman Sach says that bitcoin will top $4800 and then drop

I wonder if any people here agree

Here are the links

https://www.cnbc.com/2017/08/14/goldman-sachs-says-bitcoin-may-rise-about-500-more.html

I'm sure it will be, the limit is reached, some have already begun to sell, so in the next month I think a fall will begin. The question is different in how many, but here it is difficult to guess. And analysts, they are people who can also put forward only assumptions.

Next month? Maybe No and I think by next month there's another great happening on bitcoins itself since the fuds nor the correction wanna be is done and might we can see some major changes to the price. And don't see any fall on it but instead we might provably see some great rise on october.

Kp4everK

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Quote from: pornluver on September 07, 2017, 05:01:48 AM

Eliot waves analysts

https://ewminteractive.com/btcusd-ready-another-terrifying-pullback

and Goldman Sach says that bitcoin will top $4800 and then drop

I wonder if any people here agree

Here are the links

https://www.cnbc.com/2017/08/14/goldman-sachs-says-bitcoin-may-rise-about-500-more.html

I'm sure it will be, the limit is reached, some have already begun to sell, so in the next month I think a fall will begin. The question is different in how many, but here it is difficult to guess. And analysts, they are people who can also put forward only assumptions.

michellee

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Quote from: meelvanchris on September 13, 2017, 09:15:52 PM

Quote from: Gotomoon on September 13, 2017, 06:59:48 PM

There are many speculation about bitcoin price that it will drop so hard. If we will not take the risks in buying at the low price and suddenly it become soaring high. We will feel regret again by not taking the opportunity, so I'd rather hold and wait for the price to high again.

That's better but if you have excess money then you can buy some bitcoins at current price as price is below $4000 and most of the people were waiting for this price so that they can buy at lower price and if you don't want to buy then hold your existing coins and wait for the price to go higher once again.

i see many trader is already buying at $39xx and they are waiting for another down and I think the price will be down again. I think if one bad news is release, many people panic and they do fast selling and this makes bitcoin drop for more. I don't know why they are too easy to be panic but we don't need to follow their step.

meelvanchris

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Quote from: Gotomoon on September 13, 2017, 06:59:48 PM

There are many speculation about bitcoin price that it will drop so hard. If we will not take the risks in buying at the low price and suddenly it become soaring high. We will feel regret again by not taking the opportunity, so I'd rather hold and wait for the price to high again.

That's better but if you have excess money then you can buy some bitcoins at current price as price is below $4000 and most of the people were waiting for this price so that they can buy at lower price and if you don't want to buy then hold your existing coins and wait for the price to go higher once again.

Gotomoon

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There are many speculation about bitcoin price that it will drop so hard. If we will not take the risks in buying at the low price and suddenly it become soaring high. We will feel regret again by not taking the opportunity, so I'd rather hold and wait for the price to high again.

goinmerry

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We are used to this kind of price movement, price will increase hard then will also decrease hard but in the end what happen?

Now that price decrease for around $1,000 right now, I think I will agree to everybody's saying that an average bitcoiner can take this opportuniny to increase the quantity of their bitcoin. Id rather take and face the risk of buying it today than waiting for more price dip.

harizen

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Quote from: cashodler on September 13, 2017, 02:30:33 PM

I expect bitcoin at $2000 in November, because a lot of FUD is coming and the november fork fud hasn't even started yet and we see bitcoin dropping a thousand dollars.

If you remember July, two weeks before August 1, then expect something similar... but twice as big.

Yes two weeks before August 1, the price pumps more even there is a FUD and negative speculation/s about the price decrease that expected to happen after August 1st fork. But contrary to what majority is speculated, the price rose more and passed $4,000 for about two weeks later after August 1st.

I don't see any FUD in the upcoming event again at November and all I can say is, this recent price drop can considered as good opportunity to acquired more bitcoin on anyone's portfolio. Since majority is waiting for it, what are they gonna do that their hopes become true? Still wait for more dips or will now accumulate more funds on the stash?

cashodler

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I expect bitcoin at $2000 in November, because a lot of FUD is coming and the november fork fud hasn't even started yet and we see bitcoin dropping a thousand dollars.

If you remember July, two weeks before August 1, then expect something similar... but twice as big.

Tyrantt

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Need some spare btc for a new PC

if bitcoin has already dropped by around $1k and we know that there will be another possible split so with that the price will be going all over the place and eventually the corrections, does that mean that the price will pretty much remain inbetween $3500-$4500 for the next few months? This is truly the toughest year for btc so far.

dalek

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Quote from: sasaku bitbit on September 11, 2017, 12:07:18 PM

Quote from: jvdp on September 11, 2017, 10:35:37 AM

Quote from: ButtCrack on September 11, 2017, 09:44:42 AM

Quote from: owengtam09 on September 11, 2017, 05:54:16 AM

If bitcoin will drop its price I am sure that bitcoin will still recover and will still hit what its value as of today, bitcoin right now are very trusted and a lot of people now are using bitcoin. So I guess even if bitcoin drops it will still recover and have a good price in the future!

Although the community of Bitcoin today does not like the past still small, but you have to know recently, almost investors are speculator, they do not have knowledge and experience about cryptomarket, this is advantage for whales create panic easy on the market.

Price of bitcoin will never or ever reach the low value .In past three days, the price of bitcoin may vary or fluctuates. But it value will not go below the value of 4000$.Last week the price of bitcoin is greater than the value of 4500$.In past three days the price is fluctuates .But the value is stable on 4100$.

You should not need to fear the price of bitcoin reach low prices right now, but for me this is only temporary, and I think when viewed in the chart the movement of the bitcoin in change-change determines the direction, and I am sure the price bitcoin is going up again so that it reached at number $5000 at the end of this month, because of the bitcoin had achieved a price of $4800 on some days at the beginning of this month

If September is month of bearish trend, I think the price of Bitcoin cannot recovery till October coming. However, maybe we will see the bottom of the price of Bitcoin in this month bellow $3,000 again. The FUD of whales recently really make investors worry and panic.

Selly Arumsari

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Quote from: pornluver on September 07, 2017, 05:01:48 AM

Eliot waves analysts

https://ewminteractive.com/btcusd-ready-another-terrifying-pullback

and Goldman Sach says that bitcoin will top $4800 and then drop

I wonder if any people here agree

Here are the links

https://www.cnbc.com/2017/08/14/goldman-sachs-says-bitcoin-may-rise-about-500-more.html

i'm not sure bitcoin drop for this year. that bitcoin wouldn'tl drop in this year but i think bitcoin can be normal price in next year like last year so for holder bitcoin, i feel stay hold your bitcoin untill this year gone

BitcoinNewsMagazine

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Elliott Wave works best after the fact. You can always find an alternate wave count to support your position. Looking at weekly BBands it is easy to see if price breaks support at $3600 we are headed down to the weekly 20 MA at $2900 - $3000. Last time the weekly 20 MA was tested it was a good time to buy.

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