Bitcoin Forum

Damn, the price was steady before, but btc is crashing today again, unluckily I didn't dump my bitcoin when it was 300 USD, still have 7-8 bitcoins now, why btc is crashing again???   ???

Fork rumors ? Thanks Gav

yeah rumors spread and alot became afraid so they exchange their bitcoins
but lets hope for the best right :)

Not sure but I think many are dropping their holdings until this whole fork debate has been resolved.

I also have quite a large number of coins but I'm holding and buying in little by little. Sometimes the best time to be buying is when there is 'panic' like this going on. Hopefully it will all be resolved next month in the workshop to be held. I believe we will see a correction in price once clear direction has been established. If not then so be it.

This Price fluctuation of Bitcoin can continue till the fork in January.  Only after that fork, Bitcoin price can stabilize.

Wow, fork will be in January? That's a long time, so I have time to make more fiat to buy cheap bitcoins now, awesome, haha, I hope bitcoin will be lower so I can buy more bitcoins.  ;D

If bitcoin price again go down after you buy, what you do? instead pray for going high and buy now.

you can not say crashing actully it is not crashing because i have seen this value before and its not bad at all deffinatly not crashing if it go below 100$ then i will say its crashing its value and you can expect a rise in few weeks

If you forgot to dump early or on top you can still dump your bitcoin for good deals on the LTC/BTC market or another altcoin market of your choice.

Some people panic to sell there bitcoin

uhh it is so simple to answer - of course HODL - what else?

it is not end of the world or some kind of drama. you have to just relax, focus more something else and check price later. and of course that one bitcoin is 1BTC tomorrow or day after. Why is everybody stressing and spreading panic?

People in general and investors are afraid to lose their money so they are dumping while they can , I'am not sure what the twin brothers did though they have millions invested in BTC  ???
That's probably nothing and I guess it will continue going down and down till January 11 when that fork happens . I myself im in panic but I'am trying to hold my self from doing stupid shit , I earned my BTc without any efforts so whatever happens happens I suppose there is nothing we could do about it .
Early adopters will definitly hold because they was present with old forks that happened etc .. and they know how the stuff works .

january, where is the source of this, would you mind writing it ? because i thought it was around 1 march


apparently is very easy to instigate panic selling, well more cheap cons for the other, see this as a donation

It could be much later or never

Visit http://xtnodes.com/ and put your mouse when you see mine or Look the tooltip on the right on the TOP :

https://i.imgur.com/BvV33PD.png

So at the very least you have 4 more months with lots of FUD, bad news and no buyers. That could be topped off with a screwed up fork that renders bitcoin completely worthless.

Good luck for ya. Doesn't look good. Shit is on TV too. Your friends gonna give you the looks, that's for sure.

Developers muddy the waters, and that the price falls

i think everyone should simply forget about bitcoin until the halving, then turn back here and you will see a nice surprise, let this whole mess resolve first, ignore bitcoin for the time being

Many main media published the "Fork-Story" yesterday - this was basically an announcement of a dump. As always. Shut, just went to bed, checked the price again and saw it down on 161. Could byte my arse didn't stand up to buy some...

I like it when the people sell, with any small bump in the road. We getting rid of the speculators and we pick up some cheap coins.
Let them panic, so that we may profit. We have seen this many times before and we will still see it for many years to come. 
This developer war to see who has the biggest support, is just a smoke screen for the real explosion to come in 2016.

i don't think its been dumped hard...............yet  :o

seriously though i don't think the dump was about the fork debate/war but more someone or group, trying to panic the market for quick profits, as it was triggered too instantly.

The price is now at what you would expect it to be without the Greek hype. Seeing the price development for the past year we are spot on target with a price ranging from 220 to 250.

I think we have to wait a few days to see if there is a panic or just a correction.

Catch the Falling knife I dares ya!  :D

Bitcoin isn't dumping hard, lol. And it's definitely not because of a fork that's coming in almost half a year... It's just the usual suspects messing with small traders to squeeze some coins of of them.

not hard? 40k btc dump to 162$….if this not hard? what is hard for you?

https://cryptowatch.de/bitfinex/btcusd/1hr

This is what happens when we start involving politics and forcing updates with a 'fork'. I knew that nothing really good could have come out of this. The news articles about investors panicking were somewhat right. Let's just hope that Bitcoin can overcome this and become stronger than ever.

Also, this thread is in the wrong section.

Everything was dumped and rebuyed in minutes.
Lots of people craving for cheap coins.

This is only the beginning.

Gotta love that flash crash, I wish I was able to pick up more cheap coins! The recovery was pretty quick back up to $230~

Do you mean the beginning of more dumps?

Looking at the charts it's starting to feel like the good old days with $70 swings in minutes. The past six months have been a period of new-found stability in the Bitcoin market, stability is not the norm for Bitcoin at all. With more institutional traders getting involved it almost makes me wonder if we'll be able to see another bubble with how quick traders are to take profit during rallies.

I believe you are right. The actual forking does little harm, it's the politics that worries investors. If I am an investor, I would sit on the sideline and wait this one out.


I do not want to admit it, but the drop from $255 to $225 was quite "hard". Last time price fell like that was in March/April.

It s a dirty Job but someone have to do it.

1BTC today will be less tomorow if the fork happens

Its pretty gross how easy it is to manipulate.

Pre-fork coins worth much more than after-fork coins

I thought something like this would happen, just not so soon.
most investor don't care to learn the truth about the block size debate, they only care about their pockets, give them one reason that bitcoin might be dead in the next few months and they'll move to something more safe.

Yes, this was really early. I couldn't believe how low we have dipped on Bitfinex when I woke up. I mean close to 50,000 coins. This was some scared investor that doesn't understand the block size debate very well.

Now, since this has happened so early, I am afraid that this leaves us vulnerable for more of the dumps like this until the uncertainty about this block size mess doesn't get sorted.

With the prospect of a hard fork and this lack of consensus , I think it's safe to say that we will see a lot of negative pressure in price

It sucks that such a small amount of btc can crash the price so hard.  It was only a 10k sell on finex and that triggered all the margin calls.  Bitcoin still has a long way to go.   Just think how the market would react to a 10k sell at $5,000 per coin?

The beginning of more fun to come.
I don't like leaving money on exchanges: this is why a lost this turn. I have to find a way to be quick in these occasions. It could have been a good way to buy cheap.

Yes that is like that but this is just of profit when it dumped so hard so when we look at charts price is acting like this a big rise happen and start moving to up and after reaching at high point than it moving down again that strategy is repeating from few last months so better hold and never sell in panic.

FUDER hiring some people to troll at bitcoincomunity so many people panic with it and sell his bitcoin
i choose holding my bitcoin because i m sure with it

I dont thin it has to deal with a troll community.

I think the price reflects on the whole bitfnex incident of their sell off of their rogue employee or some insider crap.

i agree, personally i think it's a crazy thing sell your bitcoin at 210/220$ each!!!! hodl

people do weird things when they see the price go down real hard. they try to reduce the losses by selling and to later buy back more coins for the same $ amount.

where is the crash?

I see the price at same level as yesterday when I left, around 235.

or people are just panicing lol.

I know for sure my friend would be selling it so hard since he hasnt seen most of the other crash moments. Anyone whos selling is because they never seen a recover or just doesnt want to deal with the recover time it takes.

this is not dumping just the value is droping when bitcoins rise it rise like hell and when it drop is drop same as but the current value is same as yesterday so its not actully dumping

For the first half of 2015, the price was $225 ± 25.  That's where it is now. What's the problem?

Bitcoin has had two major runups, both driven by external use cases. The first was Silk Road I drug sales, and the second was getting around China's capital controls. Both of those were shut down. Without a new big use case, there's no particular reason to expect another runup.

Yes since yesterday the prices are around 235 range. Do not know what is happing in trading?

The reality is that Bitcoin has to fork and allow the blocksize to increase if it is to remain relevant. The problem is the resistance in certain quarters to increasing the max blocksize over 1 MB that has led to the XT solution and the current impasse. All I can sadly say is that I have followed Bitcoin since August 2011 and have owned Bitcoin since October 2011, yet this is the first time I have serious doubts about Bitcoin's future.

Edit 1: Bitcoin XT with just the blocksize increase and none of the "extras" is a perfectly viable solution.
Edit 2: The market is trying to tell the Bitcoin community something. It is time we listened.

My problem is that every time a new "price floor" comes in, the bar is lowered, and peoples expectations drop, and people leave btc all together.  I think if anything the market is shrinking as more people get burned.  That means every time a dump happens, it takes less people "dumping" to have an effect.  I just think too many people have had these grand expectations, lost money, and are too scared/frustrated to even think about getting back in

Bitcoin is high risk if you can control your emotion :)
you must be realistis
if price up sell it don't waiting to 1000$  ;D

It's because everyone is selling there Bitcoin so they can buy XT coins.

True story.

Sources etc.

some people get free bitcoin
and he will sell if he need money to pay cost of life and he did'nt think about price so that a realistyc

look at this thread some one hiring troller
https://bitcointalk.org/index.php?topic=1146084.0;topicseen