Welp. Just in case sold my coins at 850 temporarily. Im a looser i know but I see that 800$ resistance shaking and if it gets to be broken...........
Hope I can buy back in a few days
Topic: WTF happening to the price - page 2. (Read 1448 times)
nothing new is happening!
this is the same old bitcoin with thousands of newbies invested in it. the newbies had a fear of missing out a couple of weeks ago and caused the price to go from $790 to $1150 in a short while and now the same newbies are panicking and dumping their coins and whales are playing with their minds at the moment with the FUD they keep spreading and make millions of dollars from this process.
this is the same old bitcoin with thousands of newbies invested in it. the newbies had a fear of missing out a couple of weeks ago and caused the price to go from $790 to $1150 in a short while and now the same newbies are panicking and dumping their coins and whales are playing with their minds at the moment with the FUD they keep spreading and make millions of dollars from this process.
Absolutely nothing new is happening, when there is a rapid increase expect that there's a dump that will suddenly happen. So op is not just prepared for it and maybe expecting the price will even go higher. IMO, a whale sold bulks of bitcoins and probably now he bought it again at lower price together with those newbies sold them also because of panic. History is just repeating itself, don't worry it will pump again.
I was quite expecting this drop to happen since yesterday when I heard the news about china banning bitcoin. FUD or not, it is bound to affect or scare newbies to dump their coins. But for those more experienced bitcoiner, they will take this opportunity to buy more bitcoins and hold.
nothing new is happening!
this is the same old bitcoin with thousands of newbies invested in it. the newbies had a fear of missing out a couple of weeks ago and caused the price to go from $790 to $1150 in a short while and now the same newbies are panicking and dumping their coins and whales are playing with their minds at the moment with the FUD they keep spreading and make millions of dollars from this process.
this is the same old bitcoin with thousands of newbies invested in it. the newbies had a fear of missing out a couple of weeks ago and caused the price to go from $790 to $1150 in a short while and now the same newbies are panicking and dumping their coins and whales are playing with their minds at the moment with the FUD they keep spreading and make millions of dollars from this process.
Its hasn't been more than 1 day since i checked the price at @ $1010+ how did it get to @ $875 -?!!? BitcoinPriceBump
Youve just been given the perfect opportunity to buy the dip. I havent seen any news to suggest anythibg has happened in pacticular , maybe a whale cashed out but i wouldnt be too worried, imo it will retrace back up towards where it was and beyond.
I believe there was some news from China's government or something like that. Not a ban but something saying crypto currencies aren't protected.
I could be wrong on that last bit but yes, it was negative government news from china supposedly
Likely FUD according to charlie lee, they did this same trick 3 years ago mny times over. Could be a bear trap going on right now or just sideways for another year idk.
By now you should have been familiar with these kinds of movement with BTCBTCBTC. Or should I say you should have expected this coming. 
China was largely responsible for the increase, and china's largely responsible for the drop. I used to try trading chinese financial news, it's tough because you never know what curveball the governments going to come out with.
Its hasn't been more than 1 day since i checked the price at @ $1010+ how did it get to @ $875 -?!!? BitcoinPriceBump
Youve just been given the perfect opportunity to buy the dip. I havent seen any news to suggest anythibg has happened in pacticular , maybe a whale cashed out but i wouldnt be too worried, imo it will retrace back up towards where it was and beyond.
Seems like some company in China had some sus dealings with bitcoin, and theres alot of political uncertainty on what to do, be it ban bitcoin as a whole, or permit dealings to and from corporate entities, etc.
I'm gonna sit this one out.
A bubble has pop-ed. It doesn't look that bad actually, since Bitcoin price is still much higher than at the start of the bubble.
I hope that from this point the price either continues to rise, either moves around this new value. And there's god chance that one of these two is going to happen. However, I'd stay and watch for 1-2 more days to be sure of the trend.
I hope that from this point the price either continues to rise, either moves around this new value. And there's god chance that one of these two is going to happen. However, I'd stay and watch for 1-2 more days to be sure of the trend.
Bubble hasn't popped because it wasn't a bubble. If it was a bubble then we would be sitting at much lower levels. It's just a healthy correction that the market badly needed. That's why it doesn't look all that bad. If we maintain the $800 level, then I am fairly sure that we'll rise above $900 again. But then the next thing will be - Will we manage to maintain the $900 level... Either way, current volatility lends itself perfectly for some profitable trading. I have nothing to complain about.
A bubble has pop-ed. It doesn't look that bad actually, since Bitcoin price is still much higher than at the start of the bubble.
I hope that from this point the price either continues to rise, either moves around this new value. And there's god chance that one of these two is going to happen. However, I'd stay and watch for 1-2 more days to be sure of the trend.
I hope that from this point the price either continues to rise, either moves around this new value. And there's god chance that one of these two is going to happen. However, I'd stay and watch for 1-2 more days to be sure of the trend.
Its hasn't been more than 1 day since i checked the price at @ $1010+ how did it get to @ $875 -?!!? BitcoinPriceBump
Youve just been given the perfect opportunity to buy the dip. I havent seen any news to suggest anythibg has happened in pacticular , maybe a whale cashed out but i wouldnt be too worried, imo it will retrace back up towards where it was and beyond.
I believe there was some news from China's government or something like that. Not a ban but something saying crypto currencies aren't protected.
I could be wrong on that last bit but yes, it was negative government news from china supposedly
Its hasn't been more than 1 day since i checked the price at @ $1010+ how did it get to @ $875 -?!!? BitcoinPriceBump
Youve just been given the perfect opportunity to buy the dip. I havent seen any news to suggest anythibg has happened in pacticular , maybe a whale cashed out but i wouldnt be too worried, imo it will retrace back up towards where it was and beyond.
Its hasn't been more than 1 day since i checked the price at @ $1010+ how did it get to @ $875 -?!!? BitcoinPriceBump
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