Bitcoin Forum

we see bitcoin price low more than 1000$ this week specially yesterday so share what you think about price this day and this week

No one knows, but seeing the order book, the price woupd most likely go down throughout the whole week. This will be bloody and we might even touch $2000 again, being the floor on where to build the future price. 2016-Sept. 2017 was one hell of a ride, and the latter part of the year may be a stagnant period where everyone is silently accumulating their bitcoins again.

The main problem is that the Chinese users might have difficulties selling their bitcoins and this will drive the price to decrease even more.We need some big whales to start mass buying bitcoins.
This will stop all the panic selling and balance the market.I guess that the big whales are waiting for cheaper bitcoins.We all should HODL and refuse to sell. 

More likely we will see another leg down,
Based on 1w chart and tomorrow is a saturday which mean we are in the weekend right now,usually people will cash out some of their Bitcoin to use it for vacation or doing something.
And the price will be retrace back slowly in the monday and so on,based on my observation if the price does not show any significant change in the coming days,more likely in the next week we will see a sideway.
But for today i believe we will see another leg down,caused by the weekend time

That's possible that bigger whales will buy bitcoins from china people at a lower price for now, so it's expected that bitcoin will immediately rise not later that October. We will see that $5000 or even greater price will be upcoming for several days this September, and people will be gaining another confidence to invest again and hold for another long time investments.

It is already down by 5%.

It depends what is your today's price reference

It is going down to $2400, as the other two bitcoin exchanges in China are going to close by the end of October.

It seems as nearly half of the bitcoin in the world were in China, after all.

This is not so, the volume of trading in China is not as large as many think.
The news caused panic, but already now the price is again on top

The fact is that almost 50% of bitcoin trade is influenced by big players in China, with rumors circulating in the country causing panic to occur and making bitcoin prices drop dramatically, but it seems that bitcoin prices have recently increased again even slowly.

I hope this change. We can't have half of the trading volume in a single country, specially one subjected to a authoritarian state.

It is rising again maybe because people outside of china is buying bitcoin. They see it as an opportunity to accumulate bitcoin while the price is cheap again.

Hold is still the best strategy if you are a believer in bitcoin. Even if you are not, it will do you a whole lots of good if you hold. Otherwise you might just be biting your fingers every now and then.

which you say is true. look at the bitcoin prices begin to rise and heading into a pretty good position. currently bitcoin keeps going past 3600USD and will start passing 3700USD. this is a good thing, hopefully bitcoin can increase again and be in the price range 4500USD in the next few days. everything can happen because bitcoin is a very magical thing.

Look at the current chart. You can see that there is now a price increase. The  2000$ price is still very far and I think it will not happen. Anything can happen to bitcoin, but you should also be able to see the current state with uptodate. Because bitcoin changes frequently, every hour and even every second is a precious time.

What do you mean by this day? The way you guys speak is very strange. In addition to that the prices already started going back up it always does. The only thing that you're seeing is because of their decline in the Chinese market you're seeing a lower price early morning hours mediately recovers as soon as the European and the American Market start.

It might not be possible to see price fell to $1000 before the end of this year but we expect the correction any moment from now and then we would resume another upward price movement. The only major reason why we are seeing this unreasonable price falling is because many people are selling out of panic. Bitcoin has come to stay and cannot be banned by any government or regulatory agency or authority.

after less than 1 month of this post bitcoin price up more than 4,500 and touch 4,600$


Crazy bitcoin