Bitcoin Forum

Why does the whole criptomarket fall?  ??? go mass correction.

Or after touching $ 5000 triggered a sell order?

Maybe you should move this to the enomics section or the speculation section. This isn't the proper place to ask this.

Regarding your question, it is indeed a market correction. But I think it's temporary. Sometimes there is a whale that cashes out a big chunk of btc and that brings down the price and then panic ensues. Now the whale has the chance to buy cheap coins.

i see the drops as nice buying for opportunities, don't panic, cryptocurrency is a game and test of patience.

Patience is the key in Crypto. Don't be alarmed with the varying prices of BTC it is only a common thing since it is a market that is open 24 hours a day 7 days a week. Check for hints on the price graph and read a lot. :D

With bitcoin each and everything happens in unexpected time, here too the same has taken place. Now as a whole the entire digital currency has got a fall in price and this is not because of panic or some external forces. Just based on the supply to demand variation has caused a fall which has coincided each other with several digital currencies.

Its also not easy to trade the cryptocurrencies because many exchangers seem to have problems.

It's normal dude :)) The market go up and down everyminute, everysecond :)) Sell in high and buy in low is the way trader make profit :)) Can you imagine how will trader do if the market only go up all the time?

Correction of this is normal, this is the whole essence of the market.

the site is back up and normal to date. access to the site as well as maintenance affects this, but I have not yet seen the official confirmation. this can indeed be one reference to see the quality of a website.

Well a lot of altcoins are so cheap right now so the best suggestion is buy now... Most of them dropped more than 20% in the last hours so you can make an easy profit if you buy right now.
I am investing into monaco and they dropped 10%. Ethereum dropped 20% too. and so on..
So this is the perfect opportunity for those who still wanna take advantage of the market instead of crying.

Dont worry everythings happens for reason, if youre in the market expect that everything can happen in a blink of an eye. But im sure bitcoin will regain the 5000$ the next week.

$ 5000 will not be for next week :( 4000 $ is real

Exactly, this should be a perfect time to buy bitcoin. specially for those new investors who really want to get into the market. Also, the weak hand has been shaken, because they panic and sold of their coins. While the strong hands, remains never affected by the price decrease.


Just other's have said, this is normal just like in stock and specially in crypto. We can't have a bull run forever. Sometimes its better to see the price dip, so that new investors can buy bitcoins, this is the essence of a price correction in the ecosystem. But after a correction, bitcoin will rebound and might to even stronger as ever. Maybe $5000+ or more in the next coming months.

I want to register at novaexchange but is the second day which is under maintenaince for the new registrations
But dont panic, the price of bitcoin grow up and grow down, is normal, i think in the future it can only growing up

Shouldn't be surprised market price move swing. After August bull run, some traders take profit, some investors rearrange portfolio. No sign of panic selling yet.

wow bad day.

FUD , but this my opinion . ;D the whole cryptomarket falls due to corporate competition, it's commonplace if you are a trader. when the entire market falls due to the worries that will hit the world of crypto, the market is wary of massive movements that will occur in the future, so from it all down.

China started to ban ICOs or they made it illegal. The China government asked those who already received payments for ICOs to refund. However, its just surprising that almost all coins or tokens were affected, even those that are not based in China. Market is now slowly recovering so good time to buy coins at discounted price.

I think what is happening right now is temporary and likely it would just bounce back in a few weeks or even just days after. Right now, looking at bitcoins it is seeming to be coming back up and with that I think all other altcoins will come and follow. Actually even if you look at the previous historical charts of bitcoins, this usually happens. It hits a very high price then corrects and just bounces back or either it will just stabilize at a certain price.

The major reason for the fall from 4800$ to 4000$ was due to China. China government has put a ban on cryptocurrency crowdfunding methods. As per them raising money via ICO of coins i illegal and asked the companies which have raised the money from ICO to refund the money to investors. As a result panic selling took place and many people in China started selling btc and then followed by people form other country. So actually it was a good time for people to start buying from the dip and hold on btc for some time to get good profits.

Why do we fall? is the correction continuing or new news?

Several factors has really contributed to the price diving today and the rest of the month. First, the Chinese news banning ICO's was the beginning then followed by them announcing that they will ban local exchanges as well. The JP Morgan's CEO Jamie Dimon calling bitcoin as fraud was the catalyst for yesterday and today's dumping. But as others have said this is just a temporary setup for bitcoin market and you need to keep your nerves calm and do not panic. But instead you can buy in this price correction and hold it for long term. Because history tells us that bitcoin can rebound from such disaster and who knows, we may get to $5000 after everything has cool down.

Because of ban Chinese ICO during September

maybe one of those many reason why market is falling but its just another set of routine that crypto people needs to understand, price fluctuates
and we don't know whether it will be a big pumped or a big dumped following but better to assess that bounce back is just around the corner so
keep your faith and believe in order to survive.

Normally, when the price of bitcoin and other alt coins are pumping too much expect that there will be a mass correction and it will be followed after a week or two.

It's known that many are contented with that price and many are starting to sell at that rate.

And you should be able to understand that the market is up and down, not all the time we are all in the green days.

I don't think there is nothing to understand and all because people be in the forum may already knew that bitcoin price is fluctuate always and it is up and down continuously. From this year starting onwards we see bitcoin price moves up and up again. Now correction happen, if you have enough fund means invest and buy bitcoins now to get the big profit.

What a fall, there is not just a constant rise in the correction is inevitable, and that everything is restored it takes time. Many at this time, all throw off, others are waiting.

Nothing happened. when you use chinese product then always there is a chance of getting thing messed up. That's what happened to the criptomarked. China news and ban over ico messed the blooming cripto market.

Well not entirely the fault of that China ban because even years ago, there are times like theese where it would really go down to at least 500$ then going back high again after a week or too. There are too many influences of the price like they are just trying to pump again the price so that there will be another dump. In a perspective this is just normal for the stockmarket to at least balance equilibrium for the market.

I think it's too early to buy. Correction will continue + an incomprehensible situation with segwit2

If you have investment and you buy at 4000$ plus you being worried is just normal but prices will soon be increasing this coming weeks again. But if you have no bitcoin as of now, or planning to buy some. It is the right time as bitcoin and most altcoin price is much cheaper now. Bad Market is means Good Opportunity to others.

I agree China banning ICOs might be the cause I have also heard that the ban is temporary but that's just what I learnt from not so reliable source. There have been rumours that China banned cryptocurrency exchanges too but again that's a rumor only. In my opinion the recent dip is more due to all the fud than just normal correction. I do believe too that bitcoin prices will reach a new ATH soon..

Nah this is all part of the show of China and soon it will be over after they created their own exchange and now they're using this correction to buy at low and take profit as soon they remove the ban in ICO. Oh they're always so wise when it comes to money. So don't panic and don't give your money to these big whales. Hold until it touches again it's ATH.

Nothing happened. when you use chinese product then always there is a chance of getting thing messed up. That's what happened to the criptomarked. China news and ban over ico messed the blooming cripto market.

nothing just panic panic and panic selling. the FUD is all over the place from banning icos to banning exchanges to calling bitcoin as scam. this is becoming a schedule blood bath these days .

Its started panic selling has just begun and will make  btc to go down below 3000$ .
Bitcoin is giving us opportunity to get more of it before it skyrocket. Cant wait to touch  2500$ by next week.

It's the cause of FUDs and bad news about China's ban of ICO's and now ban with exchanges. But the same thing, after giving some license for ICO's and local exchanges it's about to see the rise of the market again. All the crypto are always affected when bitcoin's price is decreasing and that's why all of us wants to get into bitcoin market.

Now it is still low volatility, i would expect even higher rations of ups and downs on negative/positive news flows, cause there is no institutional investors and only gregarious behavior

I'm still selling my cash for 5k+ a BTC because that is the true value. We shouldn't let media devalue our crypto. The people's exchange is alive and well. You just have to know your way around the market.

the panic is getting worst after i saw on the several exchange that most of traders are more likely to dumped today however as you said $2500 maybe the next price of bitcoin and it will happened in the next few days so this is just a matter of time

Current price of preev is $3,363 and at this moment no one will be buying it at $5,000. But if you just wait a little bit longer the price can go up again and it's possible maybe next week or month. As we are about to face another challenge on November and it can possible result into another pump and we'll be seeing the price of bitcoin reaches new ATH.

Fuds are spreading by fools so don't get in to their trap or else they'll gonna get your money.
These are all part of their game plan, they will dump the bitcoin price at it's lowest for them to buy and make it hype again after they bought tons of bitcoin. Surely Chinese are behind all these for their plan of creating their own exchange. Greediness is the name of the game and you'll lose if you panic.

They never made ICO's illegal permanently but china government has surely stopped ico's,cryptoassets until traders acquire licence from china's national trade association.
China is one among massively bitcoin traders,therefore the bitcoin price got affected but is being recovered in just a week.

Because some other ICO's are Scam thats why Chinese government see it as illegal, Hope those big Chinese exchanger site will acquire those requirements who's been required by there government I think the price of the BTC will comeback alive and kicking again but I'm sure that there is a recovery stage with bitcoins when right time comes.

You wanted to know that why does the whole criptomarket fall....
My seems that it's not control any company or any government sothat it's any time same level. I think if any company or government manage it. It does not criptomarket fall.

Everyone here isn't updated with what's happening in the crypto market and it's unexpected that there will be some bad news rotating all over the internet.

First the China, next Jaime Dimon and what will be the next?

I hope that next will be the good news that will come out and this will make the price of bitcoin higher again.

I think this is either another market mechanism or leaving a group of Bitcoin users forever.
if the first thinking is true it will be same very soon. but if the Chinese people are going to quit for Bitcoin for good then it will be a great negative impact on this system. but I believe that  Bitcoin will regain it price value very soon and the situation will be safe and sound for the investors.

In the long run it is great news for the bitcoin community.
Chinese miners gained too much influence and control over bitcoin. The last action from the Chinese government will only help bitcoin stay decentralized and free.

http://s011.radikal.ru/i317/1709/8e/bf24d43c74de.png (http://radikal.ru)

good correction afret 3000$

It seems to me that most of the assumptions about the miners and trading volumes on Chinese exchanges are very exaggerated. All this was invented in order to drastically reduce the price of bitcoin in order to purchase large players

I've been thinking the same at the beginning,, it must be those news has been used by traders to they're advantage or self interest to dip bitcoin price so that they have space to bought some.. They maybe sold when the price is $4900 plus per bitcoin and they need some drastic sell to decrease bitcoin value and buy back.. They have the idea that most of new traders now or many of them has tendency to panic because of lack in experience..

This is the characteristic of bitcoin. sometimes it goes up and sometimes goes down, however be patient my dear friend , sooner it will recover . Its all about supply vs. demand , At this moment, there's abundance in supply compared to demand makes its value to go drop. but remember the popularity rate of bitcoins are soaring high ,It means there's a big chance to get back to the top.

I think we can all relaxed now as bitcoin as already recovered almost touch $3900. It kinda amazing just 24 hours ago a lot of doomsayers saying that bitcoin will fall to $2000. But lo and behold, for whatever reasons, investors suddenly pour cash again after seeing the price floor at $2900. I think this is the buying point that most of them are looking for, bitcoin flooring below $3000. Then the rest is history. Let's wait if this is sustainable and see if it goes to $4000 again.

It means you need to wait more for $5,000 because the price of bitcoin today is around $3,830 after the huge crash in the last 3 days. Almost all cryptocurrency is increasing again, just hope there is no bad news from china about bitcoin again and let the price of bitcoin back to usual.

Let's see what happens when it touches $ 4000, Maybe this growth is a trap.

after 4000 $ go down to 3300- 3400 $ maybe below  :)

It is sad seeing Bigcoin fall after the continuous positive things that happened. It is because China banned ICOs and bitcoin exchange and since China is one of the major investors of Bitcoin, it negatively affected its market value. But we can also see that Bitcoin is slowly picking up its pieces and little by little climbing its way up again. Hopefully it will totally recover from the downfall. Hoping that the pumps this time will continue.

It's because they said that China banned bitcoin, but I guess it is not really totally banned, I believe that bitcoin will recover its price so I suggest that don't panic and everything will be alright in the future. Just wait and see. Invest now and gain in the future!

Possible that is a good help to make bitcoin stay decentralized but for us who are affected with the price decrease, we hate to see this every time. And most of the time, the reasons are just the same when the whole crypto market is falling, fake news, FUDs, hacks, closure of an exchange, false information from famous bankers and so on. These things are really affecting bitcoin.

It is very sad to see a lot of the rumors are spreading the fake news but it is very normal because the price of the bitcoin keep on moving up and down, in my country as well the price of the bitcoin goes down some days and then grow again, but it is not only the bitcoin but the whole digital currency is getting a bit down but bitcoin has a lot of potential it will increase in short time.

It is just a normal thing in cryptocurrency world, you should always be prepare of these fluctuation in prices if you are a regular user of cryptocurrencies. It is characteristic of bitcoin and cryptocurrencies that their prices are volatile, no body knows when the market is going to fall. The fall in the market is due to the cash out of users from the market, specially the big fishes in the market who are responsible for these changes.

Last time I checked, the price for Bitcoin was around $3,600+ so I don’t really think that should be regarded as falling, cause I can remember it was down to $3,000 and nearly hit $2,900+ rate but instead it started going back up. I believe are starting to invest again or something like that.

I was quite surprise the price rose to $3800 because I thought that the China hang over is still with us. But lo and behold bitcoin suddenly surges again. I guess that Dimon attacks doesn't make anymore significant dent on the ecosystem because it dove around $3500 when new bashing from that a** came. So its a good sign, investor are now mature enough and won't budge just because someone with the likes of Dimon destroys bitcoin again. I hope we may start a new bull run again pushing to $5000 once more.

t seems to me early to invest, falls are still possible. I'll think about buying when fixed under 4000.

https://www.tradingview.com/x/M9BuVlqc

We arent still there yet.Thinking off that we are still on September 23th of this month and when you check the news on Chinas closure of exchanges would happen on last days of this month which means the dip isnt really over yet and would possibly go back again on sub 3k price on this month.We wont know actually but possibilities are always there and we should watch out that thing to happen.

The market calmed down after the Chinese regulations, but that doesn't mean we should expect the market to climb back up all the way to near $5000 levels. Don't forget that as long as we have the hard fork event upcoming in November, there won't be much incentive for another rush to get initiated. I don't see much reason for the market to do anything other than bouncing up and down like we've been experiencing in the last days. I am still not putting aside what Goldman Sach has said;

Peak early this month $4979.9, and bottom nearly one week ago $2972. How shockingly accurate is this prediction!? The point I am mainly focusing on is that after that it was said that the price could fall down all the way to $2200'ish levels - that remains to be seen.

Yes, the prediction seems to be on target, but before I was just laughing how Jafari would make such predictions. Because at that time there were no negative news coming from China and I'm thinking what could be the catalyst for this fall. So I just shrug it off. But when I go back and read the prediction, I still don't know if she see's the future of what. LOL. Yup, I hope she is wrong with the $2200 prediction. But it is possible because we have still one week before the exchanges shut down its operation. Let see how it goes.

Correct, we have a week to go before the actual closure of the Chinese exchanges. Still very far if you are going to ask me. A lot could happen in the last 7 days. So we need to hold firmer as possible because shit storm may come our way once we get closer and closer to the date of the closure. Its still holding at $37xx, to me its good. What's worries me is that if another FUD spread around leading to the end of the month. We all know that many have reacted before plunging the price to $2800. So another wave of FUD might push the price sub $3000 again. So better observe and expect something heavy coming our way and brace ourselves. Just hodl and don't panic.

so far a downtrend
http://s015.radikal.ru/i333/1709/26/83bf263d2e4b.png (http://radikal.ru)

bitcoin have very bad month

-china ban
-many sell them bitcoins
-fee start to be more than 2$

Well, I really don't think it will come to that level of "doom" The crypto world has taken enough backlash from China and has braced itself for the worse. That way, not much worse would be done. Does anyone still remember the August fork prophecies and how all that ended? It later passed peacefully. And this we expect in coming weeks when exchanges close shops in China. That is if it eventually come to that.

for me it is try form business man to reduce bitcoin price so that make this bad news but bitcoin price will back soon

Well for me it is very huge price as some of the ordinary people like me cannot afford the 3600$ but now it has become increase more and more. Because of the banning bitcoin in china the price of the bitcoin got down and it is the chance for the people to but bitcoin and hold for the long time so that they will take the good profit in the coming days. So take the advantage and hold your bitcoin because the price of the bitcoin will become stable soon.

This is fluctuation caused by the expectations based mostly on the news that came from China. Some holders decided that it's not safe anymore to keep bitcoin and they sold. When price dropped some more decided to sell because the price is falling. Eventually fall stopped and rise begun. I think it's just a temporary glitch and btc still has a place to grow. We will see how thing will workout.

I think that the growth begins again.

Huge price actually but if you compare the price of it way back then you can define that the current price of bitcoins is confusing. And the people who bought for 4000$ up price is so annoyed and waiting for a great price back so that they can retrieve there money again. But let's expect that the growth of bitcoins starting since the current surge is so amazing and maybe it will continue to reach for its huge price.

Every coin is like any other bad thing that is affected by the market when the investor feels insecure they can withdraw their investment which leads to every coin going down. The same is a good opportunity for us to buy cheap coin  >:( >:(

Some try to profit every day, others longer term. Time is limited for us in this world. Everyone is looking to profit, but not everyone can win in the end.

All around still trending upwards.

Only reason for this is panic and irrational behavior. Who can ban BTC? It will go underground then, who would like to see that?
There will always be groups who won't support Bitcoin, in this case those are Banking cartels who are starting to fear from BTC success.
China news ? BTC is best thing happened to China and its people. Any way they will soon go trough reforms..Communism is at it's knees, they cannot keep up this way. BTC will witness those changes. Just hold and stay emotionless!  ;)

Well it were due to China ban ICO that bitcoin has lost those big value achieved this year, but as you can see the market is already recovering from those, besides those some whales and persons does make some pumps and dumps always without any warning. And the last one you need to remember November possible hard fork over bitcoin wich can damage much more then the bch, soo all news had made already some impact over it.

It could be true but as much as I know; bitcoin is the independent currency and it is not getting the effect of the other currency falling so it is still increasing the price of the bitcoin is going high. It is the time to buy bitcoin because more and more people are buying bitcoin to increase their money and the profit. So for me the good things are happening in bitcoin.

On the contrary, Segwit2x can bring bitcoin to new heights. The price is already building and I assume that we may see a bull run. Yes, its already recovered and news from China is over now. And I'm thinking that the one that are buying now and pumping the price is in preparation on the looming Segwit2x which I see will bring more good to us. Well there can be damage but its gonna be minimal just like the Aug 1 split and soon the price will be on the $6000-$7000 before the end of the year. If China goes back to bitcoin ecosystem it will be a great, but if not then we are still strong without them.

less than 1 month and price back to normal mode and may be rise more

after rise of bitcoin we can discover 2 things

1) china ban was fake to make Chinese buy with small price .

2) bitcoin more power than counties   

It is normal in the crypto market and any experienced holder should know better. It has happened before and it may still happen again. Within the past 3 - 4 months, this has happened like 3 times I guess and it ends up coming back stronger.

BTC is moving towards 4500 $ and hope so we are able to see it reaching 5k quickly. This has being a roller coaster ride for bitcoin during the several years and last month as well. Is it possible China has bought back huge chunk of btc at the low of 3000 and due to which this rally is rising now?

That’s how stock prices are; especially bitcoin which is extremely volatile. You don’t expect it to hit a particular rate and stay there, no. Once people withdraw the Investment made, it automatically drops. Same thing happens when people start to invest again.

I think after the fall when it’s rise we can conclude that China is just after for panic so that the price will go down and traders will buy at 2800$ last week price. I have the same feeling it was just for that reason and bad news and FUDs being used that issue is dictated by most groups who want some bitcoins on a much affordable price. Maybe they sale they’re holdings when the price reach up to 4900$ when the bull run on August after the fork.


Yes I agree to that, because even China failed to make something big to destroy bitcoin. Bitcoin is rising and will keep on increasing even with or without china or any country who will threaten to withdraw support to it.

That is what makes market interesting anyway. If there is no one willing to sell, who will buy? Like you said, as much as some have believed they could not bear to hold it anymore, so many are on ground ready to take it at that  price because they so much believe in it. We will always have those 2 sides whether we like it or not.

Yes, that's what we love about the market. The 2 sides will always try to balance itself. When everybody is dumping, others find it a good opportunity to get it while its cheap. That's simply how the market works. And its really good because the coins are just in circulation unlike if you are a bag holders. Your coins just sit on your wallet and just waiting for profit. That's why if I needed money, I sold a few of my stash and will get it back once the price dip. I don't sell though the whole collection of my bitcoin. Only a few just to take enough profit on my end.

You spoke too soon here. The price goes back to $42xx-$43xx. But it still good though. I consider the price strong. I think we are going to see a roller coaster ride up to the looming Segwit2x fork. I really though so too that the market is very bullish however, minor bumps along the way is fine. I don't think that the Chinese has buy back huge amount during the crash. They are the one dumping it, so I doubt that they buy it back. Jaime Dimon and his JPMorgan on behalf of their clients bought big chunks if you are not aware of. Its already mid week so there is still a chance that at the end of this week we have breach $4500. But just like I said, if the price is above $4100 consider it a good price. As compare to the last couple of weeks where we saw the price go down to low of $2900.

well said, you have to consider the freak strategies of modern competition. i also believe that Bitcoin has a rival group which is always taking the steps against bitcoin. but i also think that government regulation on the ICO platform is one of the factors to go down the Bitcoin price. so there are a lot of reasons for this happening.

The price is already bouncing back up gradually compared to what we had yesterday and like you said, the Chinese have not even started buying back yet and of the rumor of China releasing some exchanges back to work, we might see some quick growth.

However, there are so many upcoming good news and one of them that I am so much awaiting as long as he doesn't end up fumbling, is the one from Goldman Sach's CEO. That news alone will cause a mega upward trend.

Be alert for this time bump. Don't sell much coins if you need to use any coins for the personal purposes you can utilize that money. Until and unless you don't need to do that. Chinese banned is not any reflect to this bump. Upcoming hard fork is the matters for all this bump. I would advise you to hold the bitcoins for till December 1st. That will be good you as well as bitcoin.

Goldman Sach's is really weighing their options now. If they are going to open up trading operations just for bitcoin. I think if the demand from the client increases, they don't have any recourse but to give in to them otherwise there is a potential lost in their end if the clients moved to other entity that can offer them bitcoin trading. Just a matter of time and we need to wait and see how everything pans out.

Unfortunately big players and countries can manipulate price.
People should not listen to any news if they have invested in bitcoin, we should be smarter. There is always hidden meaning when someone big is spreading fud, it usually means market is going to be manipulated and mostly people don't see it.

You got it and its already happening now! Bitcoin is continue to rise after it falls down, so we have a right prediction that bitcoin will rise again and we will gain profit and that is today. So hopefully it will stays in that amount or maybe increase more.

China news was a scam ?

One reason I see why price altcoins continue to drop while BTC slowly climb to $4,600 and perhaps we will see $5,000 in the next few days is because of the upcoming hard fork for Bitcoin Gold. Remember the time when Bitcoin Cash was introduced? It looks like it’s happening again in anticipation of the air drop of Bitcoin Gold and what comes after the air drop? Just like what happen to BCC, dumped heavily and look at the price of BCC now it is also suffering from heavy dumping of Alts.

In this way, market capitalization is laundered.
And how many times are they ready to do this trick? + many scam of ico, we go fall soon after 25 oktober

How quickly our market matured from the last split of Aug 1. Speculations, FUD before the split spread like wildfire. And its only a couple of days before everyone realized that a free coin is coming on their wallet. Thus, seeing a magnificent growth of price from $1900-$2900. But with the looming HF this October of November, people are now buying for the anticipated air drop. So I would assume that $5000 can be touch is the next coming days. Unlike the Aug 1 split wherein the price surge took only 24 hours.

I think the fall of bitcoin is due to the decision of China about the banning of bitcoin trading and ICO. Most of the investors thought that if bitcoin fails in the world market their investment will be lost and nobody wants to lose his investment. That’s why they prohibit investing in bitcoin. And the other is the statement of Dimon who declare bitcoin a fraud and thus people pull their hands from investment in bitcoin.

It is a usual scenario that is so much expected like you have said. However, it seems the altcoin dump this time around was far more than what we had during the BCC, although close.

Lots of people have learned a whole lot from the previous one and are apparently not going to dull themselves this time around as they expect to get something good from the fork. The price will obviously rise further after the fork as we start seeing a huge dump in the BCC for bitcoin.

We should even see more attempts soon when more big players keep coming into the industry since manipulation has always been their way and that is how they have been making a whole lot of bucks with even fiats in the past.

However, like you said, with a strong community and less panic sellers, we will keep growing without much hassles from these set of people.

I agree. People are consolidating their BTC and selling off their altcoins to get free coins from the Bitcoin Gold hard fork. Then, like a broken record, we will do it again for the Seg2x hard fork. If you know what you're doing there are many trading opportunities to be had with all that's happening. Proper timing is key.

Now only few time left to touch $5000, and then mostly people will sure sell their bitcoin, and may be i am one of them. But maybe i will not sell my bitcoins, the reason, if bitcoin will come at $5000 then it mean bitcoin would be have growth more and bitcoin has a power to come cross more than it. But recently i want to buy some property and that the problem i will sell my bitcoins.   

We are trading above $4800 now and we are getting closer to $5000 again. I'm hoping that it can be sustain though. This is traders mental barrier, so if the price drop, I won't be surprise. Personally, I will not sell though, will continue to hold and will sell only if I needed it. We already know the reason behind all this price movement. Traders and investors are entering so that they can get free coins when Bitcoin Gold comes along Oct. 25. And when every is calm, they will immediately dump the coins, then buy more bitcoins or to back on altcoins. Oct. 25 is two weeks from now and there's a lot of thing that could happen, so expect the unexpected, we may see the price go to $6000.  ;D.

I also believe that but I think the biggest barrier Bitcoin need to get over at this time is 5k$ so when Bitcoin can do that I think it'll get to 10k$ soon so that why I've decided to not sell my Bitcoin when it reach to 5k$. Beside the hard fork is coming and the amount of BTG we get depend on the amount of Bitcoin we have so it'll be a big lose if we sell Bitcoin at this time.

Bitcoin has recovered very well from that fall. But other coins are still falling deep. Does not know what happened to the whole market. Some of the very popular and promising coins are nearly zero. Doge coin only 21 sat , sia at 89 sat.

can I come to the conclusion that the altcoin value was bubbled ?

The specialties of the market are increasing more and more, people are having a lot of the bitcoin and they are investing in the bitcoin. In the future the people will become the digital people who will depend on the bitcoin for the money to increase for the long time. A lot of the other currencies are being invest in the bitcoin and the importance is also growing with this.

not the whole market tho. only the alts btc is hungry :)

Yes, $5000 is a big mental barrier to overcome for most traders. We still haven't touch and its looks like we dip as the current price is $4700. We even hardly touch $5000 yet and now, selling has occurred. You can't blame people cashing out today because the price is very high and the profit taking is good. However, those selling today will regret their decision once we get to $5000. They anticipate that it can't be cross, but I believe otherwise. We will just have to wait and see as we get closer to Oct 25 and I'm sure $5000 will be touch and overcome.

It's bc Bitcoin is doing hard fork and that there is more forks coming which will benefit the holders . Just be painent

If that's your case sir you should go buy that property as this is also a good diversion of investment. Of course, you still have some pieces of bitcoin in your wallet that can profited when we surpass $5000.
But there's also a reason why people wanna hold their coins now, is it because of the bitcoin gold that they can get in hard fork in October 25 like you can have the equivalent of your bitcoin. It's an aitdrop again so we can expect money again.

This is always happening in cryptomarket the price climb up high and suddenly falls down. The usual scenario and I think the most reasons why btc price climb up high because of the preparation of upcoming hard fork so the demand is becoming high. And the altcoin are become red in our blockfolio but it will recover soon.

Well, it seemed as such. Not 100% scam though since we know China has been looking for a way to not allow the digital currency go against their monetary policies. However, the whales blew it out of proportion with the help of the media so as to use it to make a lot of profit which they have done already and smiling hugely over some people's funds who sold out of panic right now. It is just a crazy world, isn't it?

If they continue to make new coins from bitcoin.

This will have a bad effect on the economy of the crypto in the future. The Chinese wash off capitalization in this way and at the same time manipulate the price.

The price is recovering now and doing a bullish rally then quickly reach $4000 in no time, now nearing $5000 with it's current price $4800 so dont panic this just how bitcoin usually does. The reason of the price drop last week is because of panic selling by large traders and most of them are newbie investors, they've panic because they've heard that china is banning bitcoin which is they thought that it will destroy bitcoin.

What happened? To the value of bitcoin now was raising up rapidly, it is like a rocket that starting to boost up. I know that on the following days or months bitcoin value was increasing more. So just hold your bitcoin because I'm so sure that bitcoin value was reach the $6000-$7000 before end of this year.

Fork is coming, therefore the surge in price is much expected. I believe we haven't seen anything yet, cause the forked coins (both BCG and 2x) are going to dumped pretty fast, well I am dumping all of mine just like I did BCC, so don't really know about any one else. However, with the huge dump of these forked coins for bitcoin core, I so much believe that will shoot up its price even more than we have it and as you said 6-7k is actually possible.

Yeah, bitcoin does not fail us when it comes to bouncing back prices. I really think that people should not panic sell when there are upcoming forks and some FUD. If they avoided panic selling I am sure bitcoin price is nearly $6k by the end of the year. Yes I do agree that in this industry patience is tested. Advice is try to be as calm as ever when prices drops. Bitcoin is unbeatable.

Yes, patience is key to a market with volatility. One can't be a successful trader if you don't have a level of patience. All the same, I really don't see bitcoin hitting $6000 at a stretch without having a stop at 5000 mark.

So, is likely going to retrace at that point before further decision bullish or bigger dip.

The ones who are holding bitcoins and the real importance of remaining patient in the hard time are actually the ones who are going to make the maximum amount of money due to these forks. Ups and downs are part of every business, so instead of getting panic remain cool and calm. The coming days are going tom ring so many good news for all the investors of bitcoins.

Bitcoin has already faced many hug falls and recovered.So,old investors would not get panic and they would just remain cool.Bitcoin has suffered huge price falls mainly due to FUD spread in the market rather than other factors.

Big whales have used BU,then hard fork which led to BCH,now china's actions against bitcoin to spread FUD and make newbies panic.Even now,it would not be a surprise if they use this situation of russia banning bitcoin exchanges to spread FUD that bitcoin price is once again going to collapse.

Because new coin BTG will start and bitcoin price high that effect negative on others prices

i heard some people said, bitcoin price will go to $ 10.000/bitcoin in a few months ahead, and that will make ALT going to priceless

There are a lot of reason and the thing you mentioned just a single one. Price of the whole cryptomarket dumped and pumped everyday, it's really normal cause if you are a trader you can see it happen several times in a day cause it's the main way trader earn money :)). They buy in low then sell in high. If the price always stable or increase all the time I think nobody will join trading anymore cause there are no ways to earn money in trading if this case will happen.

WOW

http://s018.radikal.ru/i515/1710/ba/d09d80114521.jpg (http://radikal.ru)

$5,700 right now  ::) and you are right some ALT going down really hard because of the bitcoin price increase. It's like a natural thing happened on cryptocurrency.


WOW indeed lol, a new record for the bitcoin price in this year. Can it continue to $6,000 ? Let's see what will happen.

Why are you questioning the raising up of bitcoin value? instead of doing that just make happy because all people in bitcoin community were celebrate regarding increasing bitcoin value in the market. If you see the fluctuation of bitcoin in the market it was continuously increasing I know that a little bit time and this crypto currency were reach the $6000. Definitely we don't need to question the capability of bitcoin in the market because we all know that it will became more successful due to in demandinity of this coin in the market. 

Yes that's right and we are now going to that next target. As of now we are able to surpass $5,500 just for a day and for sure there will be people who are taking advantage for profit taking at this moment. The price went at $5,700 and went back at $5,500 and now back to $5,600 so real quick. I'm expecting that there will be some dips but that doesn't matter as long as the new floor will be at $5,000.

The reciprocal, this feature between bitcoin and altcoins have made a war of prices. Whenever the prices for bitcoins are going up, there is a downfall for the altcoins’ prices. And when altcoins have managed enough to work in international market then bitcoin just go down. So yes if we are thinking bitcoin increasing to $10k, it will just come soon.

I think it is the mechanism of some other country and the time of the country to invest more in this, the worth and the importance of the money will be high and the people are aware of this. If the thinking of the bitcoin is the same as I have and you will have so this is the think of the people same like us very soon. If any country will quit from the bitcoin then the value of the bitcoin will be high than this. The future of the bitcoin is bright.

People say so different things that I do not know which one to believe. But the price of bitcoin will never be 10 thousand dollars this year. But no one can predict exactly, especially about the price of bitcoin.

Nothing can be told about the price of bitcoin what can be, just a simple headline of China reconsider of ban to ICO made the market go above 1000$ up so think what price range will be their if China clears the Ban on ICO and their exchange start to work again. So i think 10k price of bitcoin in 2017 ending is possible if their are some more good news comes in.

The fact is that already in the bitcoin and their assigned number, a comma has long been provided for the cost of this minute. Therefore, I believe that the huge amounts of the value of the crypto currency have been confirmed, but only this requires more time. Since we use Bitcoin today not only for purchases and sales, But for everyday life, for a long time there is almost no time for this. But the one who keeps it will get the true price of bitcoin.

Bitcoin will for sure be able to reach its maximum limit in its history and will increase significantly. These kind of things which we experience in the past few months will keep on happening in the future as well. We all need to learn how to deal with such kind of moments. This is something very much necessary, we need to learn from our past mistakes.

The price of the bitcoin and the selling features of the bitcoin is now getting famous and the war of the bitcoin is easy to have and it is not now possible to ignore the growing worth of the bitcoin. Not only you or I but the whole world is investing in the bitcoin, the price of the bitcoin is increasing and the people who are aware of it trust the bitcoin so it is going to be the good in the coming days.

The market price of bitcoin is no doubt keep on increasing very much significantly after so many days. Previously, it was really a tough time for the investors of bitcoin as the market price of bitcoin was going low. But now, this is the real time to enjoy the sweet fruit of their patience and I am very much sure that at the end of 2017, bitcoin will set a new record value.

In the world of bitcoin, there are so many things which will keep on happening in the future as well just like the way things happened in the past. As far as market price of bitcoin is concerned, there are very much chances that it reaches to the value that you just predicted. The way bitcoin price is increasing, it is not a big deal for bitcoin to achieve this milestone.

Well its really a good and prosperous year for bitcoin market. The year is not yet finished but we have been growing exponentially starting this year. Maybe around 300% growth of more. I have never seen a market move that quick in a span of a year. Now, as far as mass adoption goes, we are not there yet, however I'm certain that we are in the road to achieved. Its really hard to ignore bitcoin because its gaining awareness and perhaps in short of 2 years, almost everyone will known bitcoin not just for Ponzi or for illegal means, but as a investment platform that will let you profit in the long haul. So its really good to enter the market now and not be left behind when bitcoin soars to $10K or more next year.

Not only the traders but the people who are aware of the bitcoin are trying to be the part of the bitcoin so buy the bitcoin and then increase the importance of the bitcoin. The investing material is the bitcoin now a day because the other currencies are not giving the good response for the investing, so they are moving toward the bitcoin and the altcoins but it is all about the good price and the huge investment.

In my opinion, this is the impact of banning altcoin use in different countries + the number of new altcoins emerging.

Prohibition of altcoin use, resulting in altcoin circulation movements narrower in the market.

The growing number of new altcoins, making many investors turn to new altcoins to try their luck, and this results in a deficit in the existing altcoin.

Ok, by today it should be very clear the the whole market fall because of the negative news from China. This is last month alone. However, today, and this month actually, we didn't suffer any market fall but instead we reach ATH (All Time High) price of bitcoin. So don't expect any market crash in the next month or so, or up until the end of the month. I think there will no another China FUD's that will make the market crash again. We will have a cruise control and maybe going to $7000 up to the end of the month. No need to fear that the market will fall again. And it ever if does, we can recover from it as show during the last months crashed.

Bitcoin value was still fluctuates into $5500-$6000, what happened it seems no newly news regarding increasing value of bitcoin. Maybe crypto currency now was on stable value.
I'm looking forward to the future value of bitcoin together with the altcoins and others coins, hopefully it will become successful in the future.

Stability wont really happen on crypto currency which we can do really expect that price do really fluctuates anytime and yet those news events do mainly affect such movements.This is why trading on bitcoin actively is somehow profitable if you are really a good day trader.Price crash is possible as of these days but only to those new coins in the market since this thing wont really happen easily on bitcoin itself even on top altcoins.

Hello guys, I just want to make some suggestion.
First of all, the rise and fall of bitcoin differs to the demand and supply of bitcoin in market.
Secondly, do not get frustated if the value decreases because it will just be for a while it will soar high again, take the advantage to buy coins and pump it up.
Just be wise of buying and selling and trading of bitcoin so you will never regret.

I don't understand what you are saying here. Are you implying that supply and demand doesn't affect the price of bitcoin? You say its differs, but I think you got it wrong, bitcoin supply is getting lesser but the demand is higher. So if you apply the basic economic law, bitcoin price will go up because its getting scarce as time passes by.


Thanks for the remainder. I think we don't fall short of advising a lot of members not to panic or get frustrated with you see the price is going down. Actually you have to look at it as a good buying point and do not sell. I think we may have sway a few with your advised. ;D

Looking at the way bitcoin is making progress and earning this much of fame and popularity amongst the people, I am very much hopeful that bitcoin holds a very bright future. There are so many investors who are really satisfied with the performance of bitcoin. Moreover, things will be very much changed in the coming days. There will be only one thing which will be ruling the world and that will be bitcoin.

I really still wish it could come down lower though. I am targeting a specific buying order and that would be like a jackpot. ;D However, it is all good, no fears, no panic, everything is gradually dying down and I guess we may start seeing some rise soon as it seems the selling is getting a little bit slower. Whales may soon come into action.

Things are changing. This year has been a crazy roller coaster and we have seen a lot of the ups and down so it seems that it becomes a new standard.

Yeah, it would be amazing if it went to $5000 or even $3500 like it did about 2 months ago. I got caught when it jumped from 5 to 7 very quickly so I had to wait until I could get my buys back in. However, now it fluctuates so much from 7030-7800 everyday that I can trade half a bitcoin and make money. I think it has to do with all the big institutions trying to get in and they are not believers. They get in, make 15% and get out- I think they are afraid to lose it all.

Its definitely a rollercoaster

Panama papers show that many rich people want to hide money. Bitcoin is haven

It is because of the bitcoin price increasing due to the incoming fork of the segwit2x new token ahead but it got cancelled now altcoins are increasing right now because of this unexpected events and the money is moving to altcoins but this is only momentarily as people are starting to buy cheap btc it will soon recover to $7500.

Since This Thread is created on the month of september maybe Those Time Markets Are aware of The incoming segwit2x and Fork. They Don't actually fall they Might be Preparing something so that they have to put adjustments on the Market before the Segwit occurs, But, Since eventually the segwit was cancelled then this will be no Problem anymore, Cryptopmarket will be back again to it's normal processing and function.

Exactly! Ups and downs are part of life. Especially if we talk about crypto currencies, then it is quite a normal thing. If we talk about bitcoin, then the market price of bitcoin was no doubt little less few weeks ago due to certain reasons.

At the very present moment, if we look at the market prices of bitcoin, then we’ll get to know that it is not only increasing significantly but has also reached at its peak value.

Waiting for 10000$.

It is the time to buy because the bitcoin price and the value Is not very high right now and the price of the bitcoin is increasing with the time, I hope the value of the bitcoin will increase so it is just time to keep the patience and hold the bitcoin for the long time the bitcoin value and the price will grow more if more people will buy the bitcoin and hold for the long time, it will increase in the future so no need to sell.

Bitcoin has always been a test of patience. Buying, selling or hodling all requires some level of patience as well as some smart moves so you do not miss the right chance. Most good traders are really having a good day right now with the movement and recent corrections in bitcoin. I for one, I am so happy. Correction normally is needed to sustain the market and one can always make the best use of them.

I am still very optimistic about this $10000 this year or may be something close by the end of the year. Now, that we have broken one major resistance and trying to hit a new one, then the chances of hitting $8500 at least before the end of this month may still be very possible and adding up together, at least $9000+ should still be possible.

While I believe 10000$ is possible, I don't believe it is a sustainable price due to the fact that bitcoin is gaining to much value very quickly and hence there is a balloon effect and it may pop up if this keeps going on, I believe a more sustained increase of price is preferred than the current frenzy.

according to my rise and fall of his btc price greatly affect other small coin coin. but not all of them, a lot of coins that survive and strong to compete with other coins
i mean like that sir , sorry about my grammar

Don't be upset. There are ups and downs everywhere. For some bogus  news at present time market is going down and people are now understanding that all are fake news and now market is going to up slowly. be patience, hope bright future is coming for you.

crypto market is like a wheel there want to reach the number 10 should be patient because he is always spinning, sometimes under the sometimes above, do not panic because sometime will happen according to what you want.

Yeah right into his expensive earning! But for it you will have to invest the very cheap thing that it your patience so if you are having patience you can earn form bitcoin without any fear, people put doubt in bitcoin which makes then to sell bitcoin at low price but it is not good at all it is their own internal strength which will allow then to have bright future of bitcoin, price is now again recovering so be more patient and you will see how high your profit will become.

it has become commonplace if bitcoin prices go down. indeed bitcoin prices do not always rise and not always stable. this is just a normal market cycle. do not worry, patience is the main key in cryptocurrency. which we should be able to be patient and monitor the development of bitcoin prices, which at times can soar.
because the market price is always down and up. buy when the price goes down and sell when the price starts to rise, it's the trader's way to make a profit. Just imagine, if bitcoin prices always go up, how a trader can benefit.

bitcoin value go so down recently, even my friend just gave up and stop invest on bitcoin...i don't know why...i think because in some country, bitcoin is not legal get banned

I think don't be upset.ups and down is the nature of crypto market.some wrong news affect bitcoin price.but now its price value increasing but slowly. I think be patience,continue trade in bitcoin and stay with bitcoin and not to show panic.