Bitcoin Forum

Stay strong guys, these are hard times. Periods like this can make a man age in a month 5 years. It's okay to be optimistic, but always take into consideration the worst things possible. Don't do anything stupid if you lose too much !
Peace, random guy out !

from what i can see going on is                                                                                                           
  bitcoin fees" are going up !                                                                                                               
 so make less transactions and smart ones* :)

Yeah gone are the days when you can still transact lower than $1 and you can send it much lower than what paypal and other traditional payment processor is charging,bitcoin transactions is very much different than used to be 3 years ago,I guess it's something to do with to many people transacting daily or the huge number of transactions..

That is right, bitcoin may get it price lower but the thing is, it is bitcoin's character, being an unpredictable price. Well it happens always in the past wheere it also reach $1200 then drop to $200 which is a really a worst drop. But i dont think that it will reach that low price.

It always comes back. I don't have any bitcoin yet, but I've been watching it for quite awhile now. I am hoping that this may be an opportunity for me ta get into the bitcoin business. If it gets cheap enough I'm getting me some. I have also been looking at some of the altcoins, I have a few I think might be good-they are sleepers.

strong wills and belief!

Anyhow, the price did broke through the support level day by day, guess hard fork is really some huge thing there as i only know that it split blockchain community into 2 but not sure the effects and how it works

Nice one. Some of us is losing hope, faith and the will to go in these days. BTC price is going down again yet don't crumble. Hard times is part of our lives. Be cautious of what's going on out there, if not we're just going to lose. Stress and over thinking won't help. We step into this field with risk, so along the road risk is present. Bitcoin is a product of human intellect and anything that is made by us can be gone in a matter of seconds. Losing is hard to bear tho' but losing heart does more damage. Keep moving forward if there are hard times there are also good times and a brighter future is coming.

Yeah there are many stressful things happening right now in Bitcoin like the scaling debate, hardfork, BTU network got attack and lots of nodes gone down. Everybody is losing their minds i guess we need some kind of icebreaker to all these.
Bitcoin is strong never give up :)

The weak hands need those advise, but to those who really knows bitcoin will trust the system and will keep tight their coins. What is happening right now, all that debate and price going down is just a small bump caused by FUD. it may take some time but it will be settled and bitcoin will come on top of this.

It is possible for the bitcoins price to hit that lower price which is $200, but let's not hope that it will happen, because it will be a nightmare and many bitcoin users would be discourage to earn bitcoin anymore just because of this price drop that we are experiencing right now. We have to face the reality that bitcoin is going to face this kind of days, but I know that this is just for temporary because of this Hardfork cause by the BTU if I'm not mistaken.

I don't know when will the next PUMP of bitcoin to hit its next target price which is $1500, and because of this current price drop, many bitcoin users do panic selling rather than they could have nothing at all in return which is really a bad decision they could ever make.

Bitcoin has been going dumped its price, fluctuating its price because of the things happening these past days. But I beleive its price will rise again, many of investors are hoping for the best. All is well though.

yeah right, for those who already knows bitcoin character they will not be affected but those newcomers and weak holders, for sure they will fall from this maybe more and more positive inputs are needed to let them hold and never to dump with their loses. bitcoin will surely rise up again just believe and never loses your hard earned investment.

Yeah. switching coins are for the weak hearted traders, for me I am seeing this dump as an opportunity to gain profit from it. Seeing a huge dump from $1300 to $900 is a great opportunity to buy bitcoins while it is still low and wait for it to pump. There may be lots of intrigues and controversies appearing since the BTU Lauch has been revealed. I don't see bitcoin dying in the future since it is well established than any other currency out there.

Lets not be so negative about this, though it might be really. And I dont think that it will really affect that many users, especially the earning ones. All they need to do is save and wait.
I also hope that it is just temporary, hard fork is coming and it is now an issue, many dont like these and I think they are winning to change bitcoin core.

It is not any bAd time .the price of bitcoins have gone down a lot and at the same time the transactions are goinh up .i guess the price of bitcoins will go up after 1 month , well in this time we gotta be patient and wait for the price hike.

Bitcoin has already faced tough ages like this earlier and has sucessfully survived.Bitcoin will succeed this time also,but what we need is a little bit of patience and the present situations are deliberately created by BU supporters to fill up their pockets.Its temporarily a good time for the shit altcoins which used to bleed during the bitcoin rally.

WTF are you losing hope over?  Because we've had a price drop in the last week?  Hello, welcome to bitcoin!!  This is nothing compared to 2013-14.  We're just seeing some volatility and idiots selling and losing money doing so.  If you really believe in bitcoin, just suck it up--and probably don't check the price for a month or so.  Just don't look at it.  People are losing their minds over this BU thing, and I can't say I understand it at all.  Transaction fees are what they are.  I think btc can survive just fine as a store of value.  It doesn't have to work as a currency.

That is what I am thinking for the last 12 hours. Just looking at the price and telling myself to calm down. Don't want to regret any decision that I will make.
Until now it is going deeper but I always think this is just normal. This is bitcoin so this happens as always.
We must be patient now and to not panic is the only way we could see what bitcoin really is.

I don't really feel like it's that rough of a time. I'm still at at least double what I paid for each coin. Whether we're at $1250CAD or $1700CAD I'm still blown away.

I feel like too many people are taking all this controversy way too personally and too seriously. Listen, if you are losing sleep over any of this, you perhaps you could think about taking a break.

Whatever happens, it is no big deal. It's not like your life or even your livelihood depends on the future of Bitcoin. If it does, then perhaps you have made mistake by getting so involved, and it might be better to fix that first before worrying about fixing Bitcoin.

Any one want to buy a million ASIC pet rocks (https://bitcointalk.org/index.php?topic=1837136.msg18323609#msg18323609)?

This kind of situation happen from time to time. Come one guy, think about the bright side. It's time to invest some serious money, take all you have convert to bitcoin, of course I wouldn't recommend to all in your money, but invest smart and carefully at this crazy moment is really smart choice. Price drop buy it, price up sell it, repeat this step.

I really wanted to invest months ago before this shitstorm started. I thought about holding and selling for 50%++ profit after the next halving. Now it is much more likely to lose money than actual profit. And whoever is in bitcoin, is to speculate and make profit not for ideological reasons. Two developer groups that are also mining cartels are at war. If things calm down, bitcoin's death will be avoided but it's stagnation will still persist and the level of trust bitcoin had, people thinking it can't really die, is seriously shaken. For me, atleast.

There are so many delusional people who created threads and talked about what they would do with 1bitcoin in 10-20 years when it would be worth millions. This kind of illusion seems dead now. Bitcoin was first and it's a victim of it's own success. Whales and miners got rich and they overestimated their own intellect and importance, took bad decisions that led it to this very moment.

I think this period where the prices are dropping will be a good investment to buy. And for people who have already brought it at a high price they shall be beneficial from the average. I feel we can make good amount of profits if we keep on buying at every fall and then when it rises boom, we are rich again. That's my idea for this fall, let's get rich. Do less transactions, as the fees will be shooting up and up. I don't think bu or segwit will last long. It's only makes sense to accumulate all the Bitcoins you yet can.

Now everybody saw the recovery from 200's to 1300$'s, it is impossible to go that low again. Because when we get closer to 200's the support will become harder and harder. It probably won't go lower than 500's. I am talking about a scenario where there is a massive panic btw. If the bull run which started from 200's is still continuing the bottom should be 900's. If we go lower, It means the bear market is on and get prepared for a 1-2 year bear market.

No need to worry with the price, even bitcoin price drop to $200 we have to thank God for this because that's will be a big chance to buy bitcoin as many as we can. Like what you said above, bitcoin is a product of human intelligence so there's always a way to control it to stay alive. How to do that? The simplest way is to keep using (buy, sell, spend) bitcoin no matter with the price.

Unpredictability is the one that have more attachment to bitcoin. Now the same is taking place, none expected such a downfall in the price, so soon after this within certain time period we can experience a good price pumping to compensate the ongoing price drop. So better is to hold the bitcois.

Thanks for the advice but we're staying optimistic no matter what. It's going to rise again and your advice wouldn't be needed by the community anymore.

This battle between BU and SW is making almost everyone nervous. Miners are divided and they making community divided, cause of all that we have this situation, and this situation is making almost everyone pretty nervous.
Hold or dump is big question for many of us now, I will not sell my stash for now. Its not big and I will risk and wait price to go back up.

Normally i would agree. But this time is different, investors have no say in bitcoin's future nor they can influence it in any way except by dumping it and therefore lowering it's value.


But wasn't it a bit different ? Bitcoin at 200$ wasn't challenged at all because altcoins were worth beans. Taking it for granted is extremely risky, especially since those who control it are the people that are 3 in 1: devs, mining whales, bitcoin whales.


But isn't that extremely risky ? If it drops to 200$, then it will be worth much less than ethereum. Losing the king's crown and with it the bitcoin brand will be seriously shaken. Would you risk your money betting on that horse ?

The cycle of money :)

Without the dream of being rich 10 years from now because you could buy 10 coins which kept this bubble going, it will deflate and fall back on real economic value, which is minuscule.

However, once the eternal king  (also called god) is dead, everybody knows that the next king has a finite life time too.

What's better than bitcoin beating the price of gold, once?

Bitcoin beating the price of gold, twice!

Btc is down again, but may well be poised to beat the price of gold for a second time.

 :D

Its not time to be panicking and making some ruckus on the decrease of bitcoins value rendering you losing a profit. The best thing to do is to stay calm and hold your bitcoins while to some grab your dollars and buy some bitcoins. It is the best time to get one since the value is low and we can have a good earning potential later on when everything is fixed.

I feel a bit of déjà vu when I look at this whole BTC vs BTCU clash.. We had this same thing when Gavin and Mike Hearn tried to take over control

with Bitcoin XT. You know this will never stop and Bitcoin will always be the target for these bitcoin sucking Leeches. They are too afraid to go at it

alone and then they latch onto Bitcoin to try to suck it dry. Remember when the host die, the leech die too.  >:( { That might be their goal }  ???

That's why I've said "Some of Us".

I've been helping my friends lately because they have a shortage in tuitions and they're parents are just trying to make ends meet. Well in the first weeks they are intrigue and fired up in earning BTC but as I have observe they just give up because they don't quite sure that they can make it and they are easily affected in bitcoins wayward prices. Youre right about the checking of bitcoins price that you must not check it everyday and see the inflation instead in a monthly manner. But there is what we call beginners attitude.

No mater what I've said to them that it needs patience they just go. Bitcoin has a long way to go so we all are.

And yup it doesn't have to work as a currency but in the advancement of technology I think we can't avoid it to be a currency.

Agree but it's about to go down when the prroduction every four years ended because the limit every four years reboot again that means you can mine more bitcoin again so maybe price will go down.

It is important to have a clear thought process. Think about what is going on. Now is prpbably not thr time to dump thousands of fiat into btc. Much better doing half fiat and half coins. You win no matter what!

making transactions is as much as important as earning the coins. But now the case is we can not make transactions for every single penny so I think it should be taught to every person that how to manage your money processing even in difficult situations and as I know bitcoin transaction fees are going to rise even more.I can say the transaction fees are not actually effecting any of my deals because of my business strategy but it is affecting basically to most of the common users.

How do you like it now? I didn't even get any when it dropped and look at it now. Why don't I listen to myself? Next time I'll listen and buy when it drops and it will keep dropping; I know it.

we just all need to focus on our goal, though there are a lot of negative news around, we need to make sure that we are always in a win-win situation. we should remember that bitcoin is still curreny, there are times that the value goes up, goes down and move sideways, there will be times like this, for sure we all made an exit plan for everything, just like when having a job, we need to make an exit plan for us, so when we retire, we could just relax and enjoy, same with bitcoin, bitcoin gives us a lot of hope, and for sure we can attain the goals that we had set, however you need to be strong in times like this, especially with all the negativity, we must remember this had already happened before many times, and yet bitcoin is showing its power, after a few years, bitcoin will surely gain more value and those we didn't hold on, might be regretting their decision.

Times are tough only for the weak hands. Mostly Altcoin peak buyers, whose money changed from the weak to the strong hands. Same will happen to the weak new Bitcoin investors when price plummets. Enjoy the ride!

Please, please, please plummets, please. Me needs some cheap bitcoins.