Bitcoin Forum

Bitcoin is falling again. I think the reason is China banned the ico's.
Currently the price is 3800-3900$. Will it go under 3000$? what do you think?

With all the bad news and persistent rumors plus the press releases of people who are out to destroy the reputation of our beloved Bitcoin, it would not be a wonder if tomorrow Bitcoin/s value will be back to just $10. And am sure if there would be an explosion if that would happen as many of us would use the money we got to buy as much Bitcoin as possible.

There is a visible conspiracy right now to bring down Bitcoin back to zero so they can proclaim to the whole world that indeed Satoshi's Bitcoin is a big fraud and a big bubble that is all ready to pop anytime. The warnings have been on the media lately and there would be more people who will issue their own take on Bitcoin.

Suddenly we are filled with people who are expert in cryptocurrency. It is all up to you if you listen to them or not...it is your own money anyway.

many think that china is the cause of the decline in bitcoin prices, and I also thought the same thing. what is wanted by china now! I do not know and do not understand. this should be over soon, otherwise it will come again bad news to destroy bitcoin, then the $ 3000 figure will get touched again by bitcoin. once again, bitcoin down due to panic

No, I dont think so.. we will perhaps see a low at 3500 usd. hoovering around that value a couple of weeks and then slowly climb towards 4K again.

I don't think that bitcoin will fall that low in coming days and it can go up to $3500 but nothing lower then that as even now the price of bitcoin is low so we may see that people start buying at this low price which will again take price to higher level.

the news on china maybe not enough to put the price of bitcoin into 3000$ maybe.
For me if bitcoin will go down it will go up to 3500$ or higher only.
Thats in my opinion only

Bitcoin is very stable right now between 3500 and 4000 with all the FUD spread from Morgan and fake news that came from China people have been selling a lot, as I can't be sure it won't fall under 3000 right now maybe when we get closer to the segwit2 maybe happen to fall as it happened on before segwit1.

Some big guys want to earn money. They need bitcoin to go down and they can make it to go down. When will they stop? We will find this out soon!

Totally agree with you
BTC price would probably be $ 3500 and can not be lower, because the number of people buying BTC prices will stabilize and hold it at a price of $ 3500

Bitcoin going to 3K that would mean going down about another 25%. I do not see that.
We had an overheated market in the beginning of September, banned ICOs, rumors about closing exchanges and defamation of an investment CEO.
All that together was not enough to brin bitcoin down 30% from its highest level.
Meanwhile I see bitcoin owners getting used to the bad news. And therefore no reason why it should go down much further.

I don't think that we can go that further down. The resistance around $3800-$3900 is already strong. Its almost two weeks since the Chinese banning ICO and other fakes news circulate around and still bitcoin was able to withstand all this pressure.


Exactly, We are having a good run this September and culminating with a new ATH then some correction has taken place, however the China news and Jamie Dimon claiming bitcoin is a fraud was the factor that causes all this shenanigans. But I consider that there are still investors who are willing to enter the market and I expect that there will be buyers sooner than we think. Let's see how it pans out at the end of the week.

Its very sad news but don't be worried.Now big fall down BTC $3800 but i think there are more possibilty to under down 3000$.But its time buy btc.Its falling is temporary but again start pump after few days.

This is just china ban effect and market absorb it in a day or two and then start rising again. I feel, Bitcoin can drop to 3500$ and take support there and then start rising to go to moon. Bad news come and go and market always absorb any news in some days.

You have some thought provoking points here.  I also see a conspiracy t or two at work here.
While there is much hype about bans of initial coin offerings and was being passed all over with contrasting essentials,
Then bozos like the chase bank guy... it is a great testament to the strength of. It Coin that it is on its way up again. 
It will continue upward and could be as much as 6,000 by November. Watch and see!

💋

Absolutely yes the only reason that bitcoin price is crashing is due the china ban on ICO. However there is no wonder that people will get panic with and will sell their coins with the effect of which bitcoin price can go ways down.
Also the warning issued by JPMorgan, CEO Jamie Dimon have made another blast to increase the panic. So, when this is a situation where no one stands for bitcoin and want the bitcoin to exist no more just because of their own interest, which for sure people have switched to the cryptocurrency and they think that crypto is now a threat for them so now they are making people to lose their grip on bitcoin.
I think it will be hard this time for the bitcoin to recover its price.

Jamie is the reason for this price crash with he's random statement regarding the bitcoin and that gives a lot of impact to the bitcoin again. You can see the latest chart how a lot of people are trying to sold their coin right now.

Nope there still country who will make a changes on that either bitcoin will banned icos there not the reason to make the bitcoin fall it might be because the time that they banned it and the canged happens yet bitcoin will not becoming on that price however if those investirs and holders will dumped bitcoin maybe there will be a big chance however i don't see any reason to do that tho bitcoin will become $5000 soon

https://themerkle.com/chinese-bitcoin-exchanges-will-likely-not-be-banned-after-all/

Jamie is not the reason. He is criticizing bitcoin since 2014. I think he even hold a lot of bitcoins.

The reason is the FUD because of ICO ban in China. Rumours were spred about a bitcoin ban following those news.

As more news will come confirming that there was no intention on a bitcoin ban, price will go up again till $6000, that's when the S2X melodrama kicks in and will make another dip, and from there will go up to $10000 and beyond.

Unless some big bankster fish is manipulating it, as GS "predicted" a fall to $2000 standards. When these guys "predict" something, its because they have a big stash of it and are planning to buy more from weak hands.

Just HODL it. HODL like this is Sparta.

It's now at $3626. Hold on for a wild ride.

Looking at all the FUDs making rounds all over the world, I can only see the current market dropping to about $3000 but not below $2500. That would be over a 30% dip in just a few weeks which is really bad news for Bitcoin considering it got past all the drama and chaos of the hard fork. Yet, I still believe Bitcoin will be back on track once this 'bubble' FUDers are answered and everything will be as usual again.

Tweet from BTCC (Chinese exchange owned by Charlie Lee's brother:

https://twitter.com/YourBTCC/status/908285586368167936


I expect this is the reason the price crashed to $3600. We have an actual chinese exchange closing down.

I think will not go below 3400$. Don't panic sell your coins hard earned. Better keep them for long or when do you think is time to sell or need of cash money

The price dropping is not the first time fall in the bitcoin era and has happened earlier in June too where people were panicking and selling coins before August 1st but it almost doubled since then. It hasn't fallen since 2015 and I don't expect it to reach $2k all over again but possible drop below $3000 this month. It will suffer for another 2 weeks but I'm more sad to see ETH again dropping because of BTC price. These two coins are so dependent on one-another.

i think bitcoin can up to $4500, up price and down price is ussually thing
what should you do? i think keep hold your bitcoin or you will regret
i think there is no relationship about bitcoin down price between china ban ico

this is the worst condition that I felt during this one month. bitcoin prices dropped hundreds of dollars in just a few hours. it's like a nightmare that is so amazing. I hope there will be positive news that can provide a positive sentiment towards better bitcoin price movements.

It is happening right now. It was obvious, any thread or pool you looked people was just way to optimistic. Like 20 vs 1.  Always same story.  Things will now slowly go to normal.  Depressing times in Cryptoland with tons of articles that Bitcoin is dead. 
We had fun 2016 and most of 2017. We should always remember them in this cold nights to come.

Right now, The price of one Bitcoin $3431 Dallar. Again, a heavy dips happened. Good possible to below $3000 as there so many FUD and effect of China's banning ico's.

Honestly i don't agree with the people who blame if because china banned the ICO that make bitcoin price down rapidly, that's fair because in the last few months bitcoin prices rose quite sharply so that this condition is used by whale traders to gain profit. dont worry the price will not down to under $3000 and probably it will back up again.

That's exactly the main reason and there's nothing to do, they choose to close down their exchanges because they probably will be burdened by the new regulatory and it's the only way.
but, why china has a such big impact to the market of btc that affect every people mind to dump their btc, pretty curious.

This trend is everywhere. Why bitcoins is decreasing now days ? i think its due to panic. If the bitcoin go down, it
will increase again for sure all we have to do just wait. This drama will be over soon and we will see bitcoins rise again and rise more strongly to go beyond the all time high of 4950$.

It's getting hot in here - 3429 :)
I'm still waiting thou

I hope not but unfortunately it's beginning to look likely. I'm trying to think what is low enough to consider pumping serious fiat in once again.

Today it will not go lower than $3K for sure. I can even bet a small amount. But tomorrow is another beer. I think we will see a recovery in matter of days.

I think more people in china are in trading with altcoins and bitcoins its more than the other country remember china has largest farm of bitcoin and i think it will be a big impact if there is exchanges are closing ICO but i think for other they are thinking that bitcoin was ban that even its not they are just heard some fake news. .even they don't know what government said. .
For now better to just following the flow of trends right now just to be sure that we are not losing investment ..

Unfortunately I think it will, since the first day of annoucement the price already dipped down pretty bad, the next day usually people will follow to sell their coins, and the price now is just a little above 3k, so big chances it will drop below 3k

I'm not sure if bitcoin drop below $3000 this month. It will be suffering for 2 weeks but I am more sad to see ETH again dropped due to price BTC. These two coins are so dependent on others. so that companies will be the worst conditions that I feel for one month. Bitcoin price drops hundreds of dollars in just a few hours and it's like a nightmare that is fabulous. I hope there will be positive news that could provide positive sentiment towards price movement bitcoin better. so the bitcoin back up again

Every time bitcoin price fall down, people looking for the reasons and the most influence news which cause many people sell-off trying to extract more profits. I'm wondering what happen in China if PBOC really issue a new regulation to shut down all exchanges in there, a big deal since there are a lot of biggest mining pools in there. Maybe bitcoin price will continue falling down to $2800 as the lowest price, again.

I am not sad, honestly. Why would I be when I know the time is going to change after 20 September after the septembull?
This is the right time to buy bitcoins and the price will definitely touch 3k dollars soon. Also, these fluctuations are a part of crypto currency world so nothing to be worried about.

Just never panic whenever dumps happen, when we panic for sure we will lose . Just continue doing btc activities like trading ,investing ,campaigns and holding on some coins. Btc can always recover.