Bitcoin Forum

i can see that, check the charts beware! it going to hurt under 1000$ coming soon! thanks to ETF/PBoc

http://edgeles.io/#bitcoin-chart

Charts don't apply right now as this isn't a can be charted environment.  It is a news based environment now thus speculative on big decisions.  ETF, governments, etc.

I agree. Maybe we even hit 950. This is going to be a very painfull time with ETF, PBOC, technical block issue's, goverments etc etc.

How is that chart viable to the current events which are happening and about to happen?
Only a future traveler can tell us what the price will be in 3 days from now when the bill is passed on fund for bitcoin on wall street.

If so it would be a fine moment to buy some bitcoins.

you can't just make up random "guesses" like this. and no chart can support your "guess" on this. for all we know tomorrow SEC approves ETF and price goes to $2000 or Chinese get back their access to their loved exchanges and start buying like mad men and push price to $2000 making up for lost time.

well $1000 is still a good value isn't it? i think that the value went to fast above $1000, and now at $1300 it doesn't look very stable to me, the chance that we are going back are high if EFT will not make it, but if there will be an approval, we can increase more, it's all depend on the upcoming EFT, i'm waiting to see the result, i can say that there will be another small raise before the 11 march stay tuned

Even if we drop back to $1000 or under it will not hurt that much, that will be unique chance for people to buy again for under 1000$. OP is not the first person with this kind of predictions, there is others who claim the same, price will drop again on 3 digits and later we will see increase on 1500 $ and more. I think bitcoin proven itself already with holding price over $1000 for all this time.

For me I think it will not hurt so much even if the price goes back under $1000,
I was earning and using it back when it was only about $360+ so why would it hurts me,
I know that the price would price would pump up again it is just a matter of time.

Not yet not yet give it a few days

I see that as a good opportunity to buy more Bitcoins. I sold some at the higher prices and I've been waiting for a big drop to buy it all back.

Price has dropped 3%. Better sell all your Bitcoin while you can!
(Kappa face no space)

This is just some normal movement. I really doubt we will see under $1000 any time soon.
If we do, its just a good time to pick up some cheap Bitcoin. :)

Absolutely nothing indicates that the price will fall back to 3 figure prices. PBOC only affects China where their exchanges have lost their significance in the Bitcoin world. Whatever happens to them, western exchanges will keep pushing the markets to new highs. It's not 2012/2013 anymore where people just take everything here for granted. Try harder.

I think $1000 going to hold (if etf isn't approved) and don't forget about fed rate hike, it will only boost the bitcoin price. i'm holding as i have been. :)

Lol there was a correction after a huge rise. Stfu and HODL ya goddamn newbie. After the ETF is approved we'll see even bigger rises.

Agree, we are still up $160+ from 30 days ago, that is very healthy rise and needed some correction...

http://imgur.com/KlxCOoQ (http://imgur.com/KlxCOoQ)

I can clearly see the chart. Why beware?

Price charts are meant to be served as reference only but not to the point that it can dictate the possible outcome of the price. Remember that we are on a roller coaster since the price decrease yesterday so in here, chart evaluations are quiet not a big factor to consider when predicting the bitcoin price.

And I see no hurtful feeling in the first place as above or around $1,000 is considered as a high price.

There is tiny chance price would never ever go under $1000.  It can go tomorrow or a year from now. How many days BTC was over $1000  so far?  Not even few months. Why would be then that anything strange?

In 2013 bitcoin made its previous ATH over 1000 usd and the price dropped below 200 usd some months after that.

I am not sure if it happens this time but I am surely following it closely.

Lets do it again ! 200 USD here we come!

I see you post the same 200 USD price all over this forum right? Tell me what makes you think or ever better believe that this would happen? Do some calculations on how much cost to mine, look the capitalization... will just never happen this. maybe if we read news from all over the world together that bitcoin is banned and illegal, then yes maybe will go at that level and even lower but as we speak the acceptance is much much bigger and the system is working...

1100 EUR seems too be the floor. Very good news for BTC. BTC stronger than ever. Bought the dip.

you very close to hit the ignore button... no offense right?

or you make jokes or you troling, what is happening from this options ? or you have another one?
and what charts are you looking at? we are bellow 1100€ as i write we are at 1088€

We've had so many drops since July last year and it reached back to $650 after touching $1300 while again in December it started increasing and reached $800-$900. Now it has been fluctuating between $1200-$1287 for a long time and hence it's bound to drop back to where it started in December ($800-$900). It's sad that without any valid reason, it keeps dropping and rising by $400 which hurts the investors.


Still I take it in positive light as the price rise was a major reason why miners were not confirming transactions with a low fee.

Well said, as one of the thread states here, wise trader profit from price increase and even profit more from price dump.  Bitcoin price is an uphill climb, there maybe some pit (dip/dump) or hurdles but eventually it will climb in price no matter what happen along the way.  So I guess  a price dump to sub $1000 is not going to hurt but rather a good time to buy more BTC for holding.

1159$ keep lowing when china awake we will crash hard.

Kind of scared to look at the price right now.
Can anyone give an app or some link to watch so it at so hard to look at when the price is dropping so hard like this?  :(
Maybe something with unicorns or bitcoins with a smiley face on it.

It's about time for the chinese yes indeed. But the biggest exchanges do not allow withdrawals yet so i do not expect bigger impact because of china. the trend in general is down and makes me thinking about etf decision...

1100 euro as the floor?  do not think so, looking at this live is not a fun ride. Alot of people wanting to sell for some reason even at a time where we have three important verdicts. Sure big chance they might not be approved but the hype should have kept the price bloated for a bit longer or at least to 12-13 th of march.    I hope the panic is because of china news and buyers pick this up before 1k euro floor is broken.

personally i see that coming on the charts. i wrote that we are going to have dumps in another thread.
Right now it's time to sleep for me, hopefully when i get up in the morning will see the price above 1.000€

and i say hopefully because looks really bad at this point. but what we do on the bitcoins land ? we HODL and we hope for the best right?

Good night bitcoin land!

You will wake up and it will be above 1k euros, so sleep well.

It's normal in the market that the market goes down. Hence, what we need to do now is to hold our btc so that we would not lose our money. The january's volitality must be a lesson to us that we should really hold our bitcoins not only to contributeon its market but for us to earn profit from increasing its value.

It's not. Because the bitcoin is having the stronger support right now. Yesterday you have seen about the big dump and it makes a big dip just in a second and the bitcoin can recover it with the fast time. I think $1100 for the maximum bottom for the bitcoin is reasonable in my mind. Saturday everyone will be shaking his hand about the etf decision.  ;D

what about a fall under $1000 is hurtful to you, i don't understand!
everything about a price fall is a joyful event for me, because it simply means i can prepare some more fiat and buy more cheap coins and that means making a very easy profit in a very short period of time.
and in the whole world i can't not think of a single person who doesn't like that.

This is hurtful to some investors who bought bitcoin a while ago with a price of higher than 1000usd, but as I can see It will bounce back to $1250 once ETF decision has been made, We are not sure what is behind this price decline but most likely its the ETF.On the contrary this is the best time for others to buy bitcoins while price is not much too high.

Good morning bitcoin land! very happy to see before some minutes we went above 1100€ again!
What happened with the ETF decision any news?

The train has started again. Ride or go home  :)

Those that pump the price of bitcoin a few weeks ago is has started to pull their investment right now maybe thinking that the ETF will not approve and so protect their investment. I think this is one reason for the price decline. But if you are into bitcoin and not just riding in the hype train, a price drop of $100 is still good for me. And I'm still believe that the price of bitcoin could recover slowly up to the end of the year even if the SEC does not approve of it ETF.

We must not panic of a sudden drop of price right now because that's a normal situation that usually happens, when the law of supply and demand will take effect in reality of digital currency market. Have a strong decision whatever it takes and i know the price will be recovering and will go higher after a few days or weeks, just enjoy the journey and you may encounter tricky situations.

It is not going to happen soon and hopefully later as well.  There is much more awareness and people involvement in bitcoin. 

Loved how optimistic this guy is.
He is right though. It is the best moment to add more investment and by that it will increase its price again.
Demands right? Pumps right? There will be a lot of pump again to get it back to 1k dollars if ever that will really happen. But I doubt that it will.

If it gets below 1000$ again, it is the perfect time to buy that dip. I know most of the bulls are waiting for that opportunity too, just like I do. And it will not take much time before it push back again to above 1000$ level, I hope.

if we go to level bellow 1000 this will automatically lead us to pump that will happen when things cool down little, as it is always happening, if you compare bitcoin capitalization with other systems - companies it's not big, this has the minus of easy manipulation for up or down, and we not talk much about it because in the meantime we win or bitcoins on money, but can you imagine a world that everyday the $ or the euro etc would have this up and downs ? of course not right.. but in bitcoins seems to be logical...strange little don't you think.

ok not to get confused more :) IF we go under 1000 that i believe we will go in case of denial we will recover in some weeks i believe.

what is happening at the end of the day is an advertisement on Bitcoin.

I will remember you something that used to say Alexander Onasis: "You can write whatever you want for me, just be sure you write my name correctly" ... the the Bitcoin name is or BTC or Bitcoin.. very hard to miss it  :)

If you want to benefit without spending too much time staring at the charts, set yourself a few buy orders at various levels right now.

If the price happens to sink down just for a few minutes, you'll at least have secured yourself a few coins. That way you avoid missing great buying opportunities. I always work like that.

What you suggested for trading in Bitcoin is the proper way right now as we cannot say when their will be price dump and pump. I also yesterday had my buy order on 1160$ and when i came after some time i saw that my buy order got executed and the price was right that time around 1190$ so i had placed my sell order in 1205$ and today it got executed like this i am trading in BTC and getting good profit.

You guys are crazy. If you missed the dip just admit it. Everyone knows the ETF deadline, so everyone perpairs before the deadline because of fear. Thats exactly what we have seen this week. Almost everyone has fired their shots already. Price will not decrease to 1000$ anymore, just accept it that your trading strategy is weak. If bitcoin decreased to 1000$ it coul have happened yesterday when lots of dummies were panic selling.

Volatility is decreasing what means that sell/buy strategy is outdated. Lets hodl.

we can only hope for a drop that big and that hard below $1000 so that we can start buying as much as we can to fill our cold storage wallets with ultra cheap bitcoins before the bounce back to the so called expensive $1300 coins once again.

Everything under 2k is still cheap.

When a major news is about to break, there is nothing new in the market trying to adjust to the current happening couple with the fact that bitcoin itself is a very volatile currency. I expect people who are even knowledgeable not to add to the panic going on here and there. Whatever the decision concerning ETF, if its negative, the price will fall thereafter start adjusting to the current phenomenon afterall we have been using bitcoin before ETF and same thing will happen after ETF.

Hurt who?  ???

I guess under $1000 wont gonna happen yet and it would take time or maybe it would stay in 4digit price. The price has fall a bit but as you can see its bouncing back again. Also I dont want to see a 3digit price again and im sure most of bitcoiners as well. Imagine the panic it would cause if that happen.

Looks like the engines started... i monitor closely the charts the trend everything for the last 6 hours. ( i did little trading also :) )

I have to say that now the rockets is preparing and the trend is changing...if we not have rejection then we go big...

I watched some USA channels and speak that the decision is tomorrow.. time to sleep for now and get up with news :)

The only people hurt might be day traders, who bought at current prices and forgot to sell when the price started to go down. Are there even such people? I thought day traders are smart and quick to react.
All the others, happy holders, will remain to be happy 8)

When the price goes down traders still trade, investors still buy, holders still hold... and trolls still troll.

Its impossible to happen again on bitcoins price and seeing on the current state it has already a good support and wont easily crash even that ETF would affect,it may dropped but not on the lowest just like before.If it would go down again on $1000 price then its still fine since its a good time to buy cheap coins again.

Before price rose to $1200 earlier this month and charts didn't look that amazing either.
Not to mention that we had internal problems with scaling debate (we sill have), we didn't know how PBoC intervention will end.
Despite all these problems BTC achieved ATH. It is hard to rationalize bitcoin market shifts with charts...

Just there is a little time before we will see the announcement soon, I think to buy more is not the best decision in this time. The negative news about bitcoin etf will give a lot of the impact for all of the bitcoin users especially about the market of bitcoin. I will expect the market will turn into the panic market. and sell sell sell the bitcoin caused by the negative effect.

Yes.. true. We are living on the edge right now. Twist a coin and take your pick.

Yeah i think stay in chart and do trading by using sell or buy order is good enough idea. That will give more profit.
When the price of bitcoin touch under 1000 dollar, i think matket will become panic in sell and buying bitcoin. It potentially profitable from bitcoin's price movement .

I expect more dumps this week, interesting to see.

There is a chart showing it will go below $900 soon.
Saw it on the wall observer thread.
But then again most of the posts on their are fudding the price anyways. ::)

It's not going to hurt, I don't think that the price will come back under $1,000. I believe that it's now on the floor of $1,000 and it will be stable there. People spreads fud with this type of thread to force those newbies to sell out immediately and that is causing a massive panic selling. We're good at $1,200 - $1,500 soon.

You are talking about this:
https://s18.postimg.org/kx19w9fpl/Untitled.png
posted from:  Killerpotleaf

If so, well... have some basis, if we accept this then approval of ETF will do what? pump just $50?

nahhhh don't see that happening soon, the only reason rejection, and let's not hide behind our finger, if we have rejection there will be massive dump...

Lol quick bump for you @op. Looks like you were wrong. You can go shill somewhere else where you have any shred of credibility. Maybe r/bitcoin? Hahahaha

if you are going to start bumping all the wrong topics in this board you will be here all year long :)

and this topic is good, it was just talking about a drop. the worst ones were those who were saying repeatedly that price will go down to $800 and stay there.
and it all proves how full of it most people on this board are and how the readers shouldn't really take advice from them.

Bitcoin has received very good community support, which is the reason why it hasn't gone sub $1000 for long.

Sure, it has gone to like $800 per coin for a short period of time, but it recovered to a level before the ETF decision very soon afterwards, in the same day. I was really surprised by how the market reacted to the decision as well, as there was a whole ton of speculation leading up to the ETF decision and it seemed like bitcoin was doomed if ETF wasn't approved.

And it turns out....... It didn't matter at all :D

We are stay above $1220 and it's really good. but my prediction was to be true because the bitcoin traded fund is just for the business only, and not for push the community into the new level.
More people are not care with it. FOMO of bitcoin and make the price above $1500

Yeah bitcoin is just a fund for you but you can check in the forum many of the people throw their day job and completely involved in this community in terms of designing, marketing, investments and etc..
To say price speculation for btc, its always volatile here, we do not when its bump or dump. Just have it would move upwards, therefore you can make profit with your savings.

Last time it went down to $998 is February 11 and it didn't hurt that much because after 48 hours the price of Bitcoin rebounded to $1,008 and it never looked back to below $1,000 level. If it ever dropped again to below $1,000 I would consider that as an opportunity to buy more BTC instead of panicking and sell BTC like its the end of the world.

I hope the price willnot fall below $1000.Bitcoin would only remain temporary in that price and would soon start increasing.It would be a great chance for buyers who have not bought yet bitcoin.I think it may even be a last chance to buy bitcoins at $1000 before the price rises up.

At current situation seems that the price have been stable enough on the price, but what concerns me is the volume. we trade very little bitcoins...
don't know but the last days after the ETF i am not very happy..who knows, it's maybe the fact that we are not in 2000 EUR / BTC already :)

I just looked at the volumes of all exchanges, and the volumes look pretty normal to me. Maybe you paid too much time staring at how the volumes were before the ETF rejection.

The volumes at that time were higher than normal because of all the speculation around the ETF. Now that isn't a concern anymore, the market volumes are back to normal.

Other than that, you not being happy comes from the fact that you expect too much from the price to happen in such a short time. Peaks are cool, but they don't last. Let's put the focus on sustainability. That's much better.

What you are seeing is not the future. You are speculating (guessing). Which there is nothing wrong with.  :)

I'm already expecting that kind of thing because bitcoin is on $1200 per bitcoin right now that's why it's okay to expect to drop the price of bitcoin. its normal in order the others to lose bitcoin and make others to buy a bitcoin in a low price and experience to grow the bitcoin via their wallet. that's what i love about bitcoin it has a lot of advantages when it comes on features.

It's just a speculative currency, so none seems to be assured about the fall of bitcoin price below $1000. If it is to happen already it could have fallen. Now the price is found to have the uptrend so will not fall in a short or too as the year has been providing proven reason for the price.

ETF rejection didn't cause trouble for bitcoin price. It is still growing strong without any reason. Only explanation would be pumping and dumping soon. Till now PBoC and chinese exchanges have stopped withdrawal from bitcoin exchange. Till it is allowed it is difficult to say anything.

Very funny people are talking that price will go down. Just go and view the chart of btc world how it has progressed, by just viewing the result you will get to know how much the calculation or there thought is substantially low. bit coin is the best place to invest and we get the best profit from it, even if the price goes down you might have to wait for some days then again the price will go high. it is not possible that price will fall so short.

Yes it is unpredictable about the price variation. however as far as my projection the price will not fall. even if it falls there are lot of chances that it will not go much less, again we must wait for some days so that price will go high. Day by day more people are joining btc so it gives the chance to say that btc market will keep emerging.

Agreed. The price is really going stable after the ETF. This is really amazing because of the fact that a lot of speculation saying that bitcoin will crash did not happen. So it has little effect at all. Maybe the price will be stable at around $1200-$1300 then going up further. And will increase the price in the future at around $1500-$2000 at the end of the year of even more.

its beginning to speculate again that the value will be reaching 1500$ before summer ends but i guess after etf disapproval its just showing strength still so better to hold more bitcoin and wait for another up rise will be able to see more positive movement coming from this investment for sure.

7 days after this thread and the price of bitcoin still on good price $1250. Even the last 3 days the price was dropped a bit, but still it comeback raise again. I think the bitcoin's price will not go under $1000 on this month. It will stable on $1000-$1250.

Yeah price increase is not perfect or close as experts predict. Now the price is expected to decrease due to few incidents but the network is moving forward with strength. This has given the price to be stable around $1200-$1250. So it won't go below $1000 in the near future.

I agree, the prices will no longer go below $1,000 right now as it seems to be stabilizing at $1,200 levels. And after the failed ETF decision, the prices went down by only $100 at the levels of $1,100 - $1,150. Which is a good thing, as we can see that the prices are now strong and a bit stable and would look like it will only rise from here.

We are not sure about Bitcoin not going below $1000 again.  Remember it is Bitcoin, the chance of it getting to $2000 and below $1000 is possible.  After the ETF rejection, Bitcoin is now caught in a drama of scalability issue.  If the developer does not come into agreement on what proposal to be use, there is a possibility of people getting tired of Bitcoin and look for alternative, thus triggering the price go below $1000.  Though the possibility is small, there is still a chance that it will hapen. (Bitcoin price going down $1000)

think like that will only make the people who surround you into a panic. if you feel it will happen, probably selling it is becoming a very good decision, because you might be able to buy many bitcoin when it drops.

Bitcoin price after etf rejection really surprised me.
Looks like noone is really panicking. If this keeps going there wont be huge corrections. (just my personal idea, be cautious)

There will not be a drop to $200 unless BTU activation occurs, then all bets are off as to how far down we go and for how long we stay there.

The price of btc is going down now maybe a correction?  ??? ???

So upon checking yesterday the price is at $1,250 and now upon seeing this thread and did checked preev immediately and it's now on $1224. And the title is telling the truth with my feeling it is actually hurting me upon seeing the price falling that's why I'm always crossing my fingers and keep on telling that bitcoin will increase.

Never celebrate too early :)

These bears never stop. I mean every single day you see a dose of pessimism on these speculation boards and you wonder, man, do these people have a life? Why do they just keep going on about the same damn subject after they have been proven wrong time and time again?

I mean sure, ETF had a lot of speculation involved, but in the end, bitcoin pulled through and the price is stable again.

The government's opinion about bitcoin doesn't really count, since bitcoin is going to replace fiat currencies in my opinion.

first of all do not invest in bitcoin and do not hold any if you are afraid of losing money like this!!! and also if you have no clue about what the hell you are doing and where bitcoin is headed. you will just lose money and your sanity.

second of all, it is good to look at at the charts not the price, and also look at the time of this topic (the first post). this topic was one of the many bullshit posts back before the ETF thing and is created to spread FUD and panic so they price falls more and some of their orders get filled.

and finally check the charts one more time. $20-$30 fluctuation is the norm with bitcoin which means going from $1250 to $1224 means price is stable.

When you started this topic etf result wasn't out but now we know that etf rejected bitcoins offer. But we all lnew nothing would happen to the price because approval would just bring more investors and not lose the current investors which was right as per now the price is 1200+.

as i wrote just now to another thread the opinions are personals but allow me to point one thing, this way you write is something i can't understand.... i can't find any logic when i read some people weeks before to write FOR SURE that the price will go 2000+ no matter the ETF .. i now read from the same people that price is stable at 1200 etc...
seems that many many people go together with the wind... where is the wind today? east? east we write then....
i really like the people who have stable opinion even though is wrong, and based on some kind of facts.
and to say something about facts, there is a big volume on alts( bubbles in my opinion ) as we speak that this has big influence on the BTC price.
Some people now that are scared or want to win, trade to alts that are already low for some ( for me many are overpriced ) to escape the Bitcoin fears, BU, and many other things, EU commented that crypto currencies can't be anonymous... there are a lot happening around, open your eyes. and i have to propose one thing to every one that will come to this post, DO your research, don't listen me or anyone else ! we do not guarantee anything :) to close this my opinion is that Bitcoin for the next period will go down if nothing BIG happens, yes if you ask yourself maybe we will go under 1000$

I did ever wonder with that, it's either they are focusing now on how they are going to spend those thousands of bitcoins they got so that is their life now. You are right on it, the price will still end up on stable one.


Why you are trying to say that I don't need to invest in bitcoin, it's a normal thing that you have that feeling but it doesn't mean that I'm freaking crazy enough to be scared of losing money. I did lose a lot of money already in investments not only with bitcoin. But yeah, you are right there man, the charts will tell it all.

You should know that bitcoin estimated price isn't something that's stable, if you read someone confident about price predictions within a certain period, it will never be effective because in one year there's always 2-3 big rumor that affected bitcoin price. This is essence of actual market.

If you frequently read people who always follow wind direction or what other people are saying, they are only a day trader with limited experience, there's nothing wrong with it.

Many people predict bitcoin price on March 11, as it was the day that has potential to shake up price up or down, you have to follow someone who's more competent if you want an accurate prediction, and let people in this forum are free to express dynamics opinion.

Look at dash, eth, eth classic, they're all skyrocketing. There's just a lot of new players coming into the market trying to make a buck. That's what most of our price rises are from. Don't worry about the stupid OPs doomsday alarm. It didn't and won't happen.

Bitcoin starts to dump now as of this writing and it went $1200+ to $1131 on a matter of hour or minute as far as i observed on the current price seems like we are going downwards seeing on the technical analysis and making trend line on bitcoin chart. No matter what happens i wouldnt sell off my bitcoins.

What happened in the price... Sadly it dump from 1250$ to 1054$ and also my favorite coin Etherum and Dash dumps, the last i see the price of ETH is 0.044BTC but now it is 0.039BTC and Dash also from 0.08BTC to 0.076BTC what a lovely dump to all coins

Hoping the bitcoin price goes up and back again in 1250$

As long as there is demand, the price will slowly go up. Difficulty is still pretty darn high and people are still hoarding most of the supply instead of circulating it. It may be a small slope downwards into the 900s before climbing back up again, don't worry, if you are here for the long run, it won't matter

This is normal we know that bitcoin price is unstable at the moment other can be made some profit because of this when you are trader you will agree with this situation where bitcoin drop and rise by the end of the month stocked your coins and then wait again for the price to increase to make up a good profit.

It's not because of new players that are finding their way to the market. Dash initiated the altcoin pump saga, and not long after that other altcoins followed. It happens once in a few years that nearly all top altcoins get pumped badly. It's pure manipulation done by people laughing their @ss off at how people buy up their extremely overpriced coins. Seriously, who buys an instamined coin for close to $90 per coin? Who buys a faked ICO coin for over $40 per coin? No real usage, no real potential... It can't and won't end well.

It looks like Bitcoin could be headed back to under $1000. Good time to buy if it drops that low. However, we don't really know where the bottom is, maybe $900.

Doubt it. Unless a real dump happens, support at 1100 is enough that this supposedly out of nowhere drop in prices won't break 1000. Altcoins will drop right back down again in just a few weeks or days and those dumped alt coins will be bought back into bitcoin.

Support is looking very solid at floor of $1100 actually big whales are just shacking it to make some quick with this practice. So it will be back to $1200+ very soon because there is happening totally unpredictable.

Bitcoin didn't drop under 1000$ even if ETF was rejected. It just showed how strong bitcoin really is today and how it's market is improving and having more potential buyers and sellers that will eventually help in making the reputation of the btc market good. I guess it might take long before we even see prices under 1000$ or not at all because of bitcoin's resistance but the possibility for now of it dropping was not that high but not that low so be wary of the price movements.

Based on the market trend from last 3 years i think the bottom mark will be $1000 and it will not drop any further $1000 is the new lowest mark for bitcoin so there is no way of bitcoin's value going below $1000. I hope some of the inexperienced bitcoin users don't spread panic by continuously posting about the drop in the value of bitcoin because this is what exactly happened in the beginning of 2016 when most of us sold our bitcoin due to the hype which was created by some users when there was a drop in the value of bitcoin and after which the value was increased by almost 3 times.

its funny how history repeats itself and the topics remain the same, as a FUDster you don't even have to make new topics you can just bump the old one up :)
and the funnier part is that bitcoin is moving up without any of these bullshit predictions coming true. and in the middle of all this, only newcomers lose money if they panic.

I think the failure of Cryptsy at the beginning of 2016 had a significant affect on the Bitcoin price at that time. I think there was another issue with an exchange that year also.

Depends on every mind of people whether they want to get profits from trading or hold it for long term, two sides of bitcoiners.
Every increase and dip may beneficial for us, but I don't expect for drop back below $1000 floor.
We can't move any further as long as block size limit and higher fees be solved, we will stay at this level until some of big holders get bored.

Bitcoin will not move up untill Segwit is activated. When Segwit is activated we are going to have a dip and then we can finally rise again. Weekend means almost everytime a decline so i expect an another move down like all the charts predict on tradingview.

Yeah bitcoin will be rising again. As said segwit is the one to give a dump and increase in the price. This too might be the weekend scenario which stabilize and move forward or down depending on the situation.

This 1 is 100% correct. ABC move thats what going on : https://www.tradingview.com/chart/BTCUSD/ST356mvt-03062334-BITCOIN-BE-PREPARED/



This is what's going on man , we are going to see 1 dump more before we recover and we must await Segwit also. But that future talk.

No way just wait for a week you will see there will be a surge in the price and bitcoin will regain its normal value of around $1200 but one suggestion to users not to sell out bitcoin in this situation and being on the losing end.

you're right, it may be very beneficial for those who have sold their disposal when bitcoin bitcoin prices remained at $ 1250 and above. well, but this may be an excellent opportunity to buy bitcoin in large numbers.

Yes, simple logic, when we see the value is less for btc then it is the best to buy and waiting some time will be no harm because we get the best profit from selling it. i dont think so price will go down now.

It is happening. There is a massive pressure on the prices and absolutely no support. Already near 1100$ at the moment. One step more and we are at 1000$.

It lasted long enough and gave everyone multiple chances to sell when it was at 1200+. I hope everyone got out before the crash.

Indeed. It is triple digits time.  Everyone hold on tight! Worse is yet to come, AB have already occured wave c is coming ! Prepare for battle!

Nope, this isn't happening.

Bitcoin's support is clearly quite strong at around $1100 at this point, it has been fluctuating over that point and even remained pretty much consistently over that point after the ETF which was impressive.  I think unless the threat of a hard fork becomes too prominent, Bitcoin isn't going to drop back under $1000 in the near future.

If it did though, that wouldn't be much of a problem at all, because Bitcoin has been under there and done very well for a long time.  Maybe it'll even reduce the volume of transactions and remove all the unnecessary pressure on the scaling debate from all this hype recently.

For me, I Dont have any problem regarding whether the price of bitcoin is going below or above $1000 but at the same time I have a belief that its not going under even when the news of ETF filtered the town last week and things are even getting more stable. I dont see I happening any time soon maybe when we face one big news though.

Regarding to the topic if the price goes down it should not hurt us. We have seen huge income in btc even if the price goes down we have the confident again the price will raise which is why lot of people of joining into the btc world. if the price goes down then buy the coins so you can sell when the price is high.

i don't know but maybe you see that almost 20 exchanges released a plan regarding the upcoming fork IF happen of course.

"As exchanges, we have a responsibility to maintain orderly markets that trade continuously 24/7/365. It is incumbent upon us to support a coherent, orderly and industry-wide approach to preparing for and responding to a contentious hard fork. In the case of a bitcoin hard fork, we cannot suspend operations and wait for a winner to emerge."

What they say in my ears is : "As exchanges, we are here to win and manipulate orderly markets that trade continuously 24/7/365. It is incumbent upon us to win from a coherent, orderly and manipulated-wide approach to preparing for and responding to a contentious win-win situation. In the case of a bitcoin rip off, we cannot suspend operations and wait a for a winner to emerge, we will be the winner"

* This is a funny approach and i don't mean to say that this is the reality. anything you say can and will be used against you :) so, allow me to post as joke :)

I wouldn't be so sure of that. If Bitcoin and BU form two seperate chains, then prepare for prices deep under the $1000 level. Especially when exchanges will allow do trade both coins simultaneously (where obviously BU will be the altcoin), then the panic will be complete.

Long term is always the best to focus on as we indeed have seen the price go up, even after experiencing the worst possible scenarios. But the short term can look pretty nasty if things go in the wrong way.

Best possible option. Buy the panic (in case the market goes nuts).

It could hurt us if this downfall will continue since the bad rally is continously occur unto it but for now lets hope that this bad flactuation is for temporary only and let see if this scenario will stop and pump again. But as i've see.i don't have any point that bitcoins will get a positive rally since im pretty sure that people for now are monitoring it frequently and some of them are shaking since they dont want to lose a profits if the price of bitcoins will retains to its negative state.