Bitcoin Forum

despite the recent attacks by bank managers and the planned closure of trading platforms in China and other speculation and false rumors about the disappearance of the Bitcoin, Bitcoin is certainly sick at the moment, but it is only a natural thing, a great correction due to various factors that I just mentioned.
it is clear that we must take advantage of this sharp drop by buying the Bitcoin  8)
The Blockchain is a genius of this century, the institution can not ignore it;)

Obviously  its just a "shitstorm" that will pass  slowly.
At the end Bitcoin will thrive once again with its price high again ^^.
So its only matter of time . and its my chance to buy a part of Btc for my first time xD
so i am kinda glad for this situation(and i feel bad for saying so )

I agree with you. bitcoin has undergone a revolution over time. after this number passes, bitcoin will be ready to be pumped again. and it seems the market is getting conducive

I thought a senior or old members of this forum is posting this, I'm glad it's a newbie we can safely say that those who came in latre here still believe that Bitcoin will never die and this is a good sign, keep it up bro.

Yeah right this drop is just an opportunity opens for those who want to start or add investment in bitcoin. The price may drop for a while but surely it will rise and give a nice pump for everyone. Let's just wait for the pump and celebrate.

Of course the we must buy bitcoin if we can,on that way we protect his value from attack managers and banks,and dont give chance some banks or others to create monopolistic postion.

You noobs will learn, there are always people who try to & sometimes successfully manipulate the market. Unfortunately it happens but the price never goes in one direction for too long. We are obviously seeing a recovery now.

Si amigo... you know as much as I would like to buy, I am not able to. My money was in BTC @ 4100 dólares and today I am not feeling very well, my friend. I wish there is a real life Russian-Yuri that can control the minds of the Chinese and make them HODL. jajajaja!

they are usually old members though. some investors don't trust the normal browsers and they have to register new account every time they invest to an ICO and OP might just be one of these people. probably even the most paranoid of all that he uses onion browse just to check a thread. but he is right about bitcoin being stronger. i have been here long enough and have seen its price when it was still $400

The Down fall really is something that we didn't expect that is why many is very frustrated over this situation, they are not ready for this big fall, but there are still users that have read the news and ready their wallet for conversion, well back then I am with the one that gets confuse over the drop then I have search news over the internet on what's the buzz on happen with bitcoin, then I realize that is why the price has dropped so much,

when bitcoin cost $ 400 - the government did not take it seriously and did not pay attention. But now that the price has risen to 5000, I'm just surprised that every day I hear about negative news from China
It is very good that China no longer has much influence on bitcoins

Bitcoin can all survive even if one day we will wake that the Chinese market is already closed...but wait a minute am sure that soon China will be back with a vengeance...they are just taking the time to sort thing out and by next year they would be open to ICOs and exchanges under a strict environment.

So far the price is now rallying we could now see the bull period after the long bearish period and we hope it will continue to rally it's been a long week for all of us, and an anxious week seeing that Bitcoin price fall is continuous, we all thought it's not going to recover and drop to $2000.

there won't be any struggle for btc, as long as it doesn't break 3K USD support towards downwards and stays there.

Only if I have lots of money I will surely buy as many bitcoin as I can.  Bitcoin is no wonder a great and strong digital currency.  Despite the things you mentioned, its price is rising up once again.  It could go beyond our imagination and I am happy about the fact that I did not sell my bitcoins.

they thought because it drop from $1200 to $200 during that time which is why, they thought BTC won't survive.
china still have much influence to bitcoin. the hardware that mines BTC are manufactured in china and more mining companies are from china as well.

It is not a correction but yeah, we should take advantage of the price dipping because of the bad news coming from China. If we could make something good about this crash, it is that we can buy bitcoin cheaper and more opportunity to accumulate more bitcoin.

We should not worry about the bitcoin value drop that is happening. It is  a normal phenomena in bitcoin besides this is a good opportunity for investors to buy. Again, no need to worry and I am confident that it will rise again.

as it goes dump and panic selling with the news about closure of chinas local exchange where at in the extend of my knowledge are not yet happening [which some exchange in china are close but says that they are not operational at this moment] Banning ICO Big Whale say is a fraud all of this have a purpose and it is all on the side of cyrpto and bitcoin, update and correction are now done and its time to raise some glass for its come-back. Luckily I dont sell my btc yet.

And blockchain is being an interest to the big business tycoons in the market and together bitcoin gives them an interest too.

Normally happens when someone wants to say that bitcoin is fraud, scam or sort of like that idea. Expect that there will be a big bull and it will make the price crash quickly.

I'm calm all the time as I know that we will not be at the bottom all the time.

For me, this price drop is only a small difficulties. I'm used to it. At such moments I do not follow the course not to be nervous. Moreover it is an opportunity for me to buy cheap coins. I don't always have the money to do it, but I do it at every opportunity. For me bitcoin is more than a currency and therefore I will never abandon them.

BTC is here to stay......with all the 'challenges' & rumors; it'll just be more stronger
As for 'Blockchain' itself, IMO; it's the king of all Emerging Technologies out there.....not only it's the underlying technology of the Crypto World but it'll be soon for ALL other areas

In reality, of course being calmed means being insensitive and that's a hard struggle to do. After this days rumors and bad news of banned in china, bitcoin prices has been dragged deeply I almost wanted to sell everything but thanks to the one I've read about, it goes like this "don't go there when hurricane passes by". It means don't look much on market charts and leave a day out of it. Because it can triggered emotion than might help you on making right decisions. And I'm thankful I've followed that as bitcoin value now is recovering.

I already bought the bitcoins. In any case, I think in the future Bitcoin will grow and not lose its value.

Keep calm and trust bitcoin.

Bitcoin will soon touches again $5000 or more so be ready to ride the train.
This is just another drama that bitcoin faces and soon it will be over and we all know bitcoin is a well established digital currency in the world. This is just all part of the show of China and somebody are really trying hard to get bitcoin price down so they'll take profit.

I agree with you - China made a show thanks to which large players and experienced traders got an excellent opportunity to buy cheap coins.
I am grateful to China for this)

Everybody know that bitcoin is stronger than every crpyto currencies even it is more stronger than local currencies so we can say that bitcoin is lighting future for everyone.

Didn't you guys noticed that the price is over than 3800$ now? Everything is because of JPMorgan investment yesterday. I think we don't need to worry anymore. From now everything will go just up and up ;D

Big time investors of bitcoin make it dump for awhile and make small investors sale their bitcoin so that the price will go down and down. Big investors now buy bitcoins in lower price and after that sale it when the bitcoin goes up again. I think that strategy really works for them.

Yeah, we must take advantage to buy bitcoins when it is in dump so that we can have some profit when it pump again lets do what big investors doing.

Congratulations you have done the right thing, if everyone has panic you have been through this storm well.
Good traders are not affected by negative issues that make the market worse off.
Some traders today regret not buying Bitcoin. and you are very lucky.

These news are just fud. I believe the BTC can bounced back. I heard that there will be a coming Hard fork that's why there a price drop. Not sure though. These chinese news affects the BTC value in global market. the future may be uncertain but we need to keep our faith on our investment.

Bitcoin is getting stronger and stronger if the market experiences some crash and dumps because the noob investor will sell their coin and get out from this kind of market and that will filter the bitcoin and it will get more great investors that will strengthen the foundation and that is how bitcoin will become the strongest currency someday.

Maybe this will only happen for a while but some people think this is an opportunity for them to buy bitcoin at the present time because the value of bitcoin will strengthen over time.

although today the bitcoin is down I still believe the future of bitcoin will rise even higher than before,
Only good news lowers the bitcoin price 8)

Bitcoin will always recover. We shouldn't panic, let's actually buy more.

Well, i already know that the price will increase after the huge fall yesteday and i buy some bitcoins 1.3btc when the price hit $3,300. If you look at the price of bitcoin right now, the price is start going up again. For anyone who still afraid, buy bitcoins right now before its too late!

Yeah, the price of bitcoin is drop significantly because of that isue, but this is the right time to buy bitcoin. There are a lot of people out side china who want to buy bitcoin .

as investors we should just all be calm at this point, we all know that bitcoin will surely recover, just the way it did before, we should not let fake news give us panic attacks, the new that was said in china that they are banning the ICOs, simply means, that the government is protecting its people from outspread of scam ICOs, they problem is that the media said china is banning bitcoin, also the same time that china wants exchanges to be regulated so btcc exchange shutdown, and from what I've read, it may just be temporary, with this negative news, we should all be ready to invest again, since most investors with weak hands already sold out out their bitcoins, thinking that their investment will be of no value, then there goes jpmorgan, they had capitalized on this news and on this occasion, they started bad mouthing bitcoin, come to think of it, if it is really not a great idea investing on bitcoin, why would they just come out right now and say such things,if they themselves don't have any hidden agenda, what i see, is that, since they cannot control bitcoin like what they do on wall street, they need to capitalize on a global event, in which they have waited for this moment to happen, to bring the value of bitcoin down, probably, they would also want to buy bitcoins, however at the price of 4000 usd and above it is too expensive for them. what most newbies and those with weak hands, failed to practice at this point of time, is on e of he basics of investing, that is to buy low and sell high, what hey did was panic selling, in turn, the value of bitcoin went down, and according to the law of supply and demand a surplus of a need, will lower its value, thus what we are experiencing today, however, this is also a good thing for those who are longtime investors already, what we have right now is a sale for bitcoins, a bargain.

it will certainly be a lesson for bitcoin to stay strong and persist in increasing the demand, how the market strategy to make it normal again, by responding calmly and not panic will make our belief in the increase must happen again.

Hope so bitcoin would recover its price soon I already loss almost 200$ on bitcoins Im holding compare to its price last week but I still believe on bitcoins so I dont have a plan to sell it by now Ill just wait for it to pump again.

That's what i'm talking about. Blockchain is a new great technology and nobody want to ignore it.
They all want to better exploit it for self profit.

You are not the one who have lost money here. I assumed that a lot have lost more than $200. But since bitcoin has somewhat recovered, trading around $3600-$3700, its gonna be a sight to behold. We just need to be stronger and not panic from all the dip we have seen so far. Glad to hear that you have still trust on the system. Because others have already quit and sell off their bitcoin during the price crash. We all need to wait for the price to go to another massive bull run that will push the price further. Bitcoin is really for the long haul, if you are not into it, chances are you will be nervous and sell it for every dip we may encounter along the way. Just hodl.

yes i gree with you statment

I agree with you. but the concerns that occurred several days yesterday were obvious.
I can not fool the heart, there remains one anxiety that I experienced.
but apart from that bitcoin bounced back. this makes me believe the bitcoin will stay.

be careful of being premature. we havent recovered yet, and the prices are hovering in a way that makes me suspicious. why hasnt it recovered, if the full weight of the Chinese announcements have already been priced in. and if the have, why the hesitation by a market that is usually breaking its back to run the price up. it half supports that China was the whole of the reason that the price got here this fast in the first place (speculation by that market), otherwise people are a bit afraid of bitcoin at the moment, and the enthusiasm has been curved. we will see ;) its a bit of both I think, but moreso the former, they were really 'making' the market, so to speak.

anxiety occurs when a sharp decline. but bitcoin is able to reverse towards normal. the market is not crazy. and everything involved feels safe starting. bitcoin has shown its ability to adapt. and I agree with you.

Don't scare yourself, Don't worry bitcoin price will increase again soon as a possible and it will return like last weeks price, I mean around 4500-4600$, and maybe it will reach the 5000k in this return of price. So keep holding your bitcoin and hope for the future.

Bitcoin price is growing bit by bit and it will get to the previous level or even higher in few days.

I really doubt it's going to come back to what it was wiyhin just a few days. It will take months and without considering november which will surely make the value less again... I wouldn't be so optimistic about bitcoin this days. But I hope to be wrong of course

The bitcoin is growing. In term of support, the new low is 3k usd as compare to the dip in july which is having a low of 1.8k usd. On the other hand, bitcoin now has a greater exposure as compare to the start of the year. JP morgan CEO start to comment on bitcoin, china regulation takes serious stand on bitcoin, ethereum and many other alt coins are coming in to make bitcoin and crypto to be integrate into real life.

The bitcoin now is back on this original value but its going to rise on it, they dump but not too long so we dont need to panic just calm.We know bitcoin we will rise again.

No doubt that bitcoin are really strong, this thing happens so many times and look at bitcoin now, always boucing back after a short fall. So i believe that bitcoin will remain where it is right now. So dont panic because bitcoin will become more stronger than before and those who says that bitcoin is fraud there are the real looser.

That is right, bitcoin will get back even stronger than before because that is what happening in bitcoin for over a lot of times that if bitcoin will go down then bitcoin will pump and possibly reach a higher all time high and that will make bitcoin's market a better market with stronger holders and traders that will help bitcoin to become unstoppable.

Bitcoin never been weak since it was started. 

And what we can see now, Bitcoin are getting stronger and much stronger every time its encounter some issues like this.

I am always calm when it comes to Bitcoin, Bitcoin proves itself already to many people in cryptoworld, and what's happening with Bitcoin in china now has been an issue before. The reason why it is always china is because china is one of largest holder of Bitcoin. So if you are new in Bitcoin just a suggestion that don't panic just hold and wait and Bitcoin will be back to its last price cap and will go further more.

I just bought more bitcoin when the price is dropped... lol... regret that I didn't buy more.

I think bitcoin will have the power to rise to a higher price bitcoin position will be stronger like some time ago. now just a matter of time waiting to see the bitcoin movements touch the price we want.

Obviously, manipulation of price is what we have seen this past few weeks. It is just like oil, it is always manipulated by the influence of big producers in Middle East. Here in bitcoin, guys and countries with big influence on the investors will always try to manipulate the price. Because they had already made their profits so they will make some shits to drag the price down lower to buy again. Since it's not just like before that they have big shares on market so they will just dump. But now the supply is more scattered since it's famous. Now they are trying to drag down the price by targeting our FUD triggers. Shit them because they always succeed with this. So you'll know what to do next time, "just go with the flow".

This is just a game of china, Bitcoin will not be lost or destroyed just like that, I believe Bitcoin is a strong Altcoin.
I`m sure, at times like this is a lot of traders who buy Bitcoin to be accommodated, and they will not sell it as soon as possible before the price is stable.
While Third Parties who have a lot of money and greedy, they will buy Bitcoin as much as possible, and they will sell as much as he bought when the price of Bitcoin soar, they do not think about the bad impact that will happen to Bitcoin, They are only thinking about profit and Bitcoin destruction.
But, I strongly believe, the people who are inBcoin are the people who can solve this problem wisely.

Bitcoin recovered so quickly after the dump due to FUD. I, myself didnt know that it was market manipulation, but I do now, and as everyone else here, is well prepared for the next time someone comes in and trash talks the coin and the blockchain for their own good.

I agree. But at first I really got panic and worried about the price of a bitcoin, I thought that bitcoin will hit $2000, I am thinking negative thought the days past but luckily that bitcoin really recovers even if it does not hit what I am expected, it is still recover and I am happy with that. I still believe that bitcoin will totally recover and hit what we want for the future.

That's right, buy as much as you can when the price drops. It has a deflationary monetary supply and it's supply is limited so it's meant to go up in value as the dollar continues to crash and the current money system not work.

I agree with you. I think bitcoin has already a strong foundation in the market. People won't just easily take their hands off bitcoin. Even if China will continue their plan, bitcoin won't disappear (like what most people are claiming). China does not hold the whole bitcoin platform. They're only a part of the big market and the most possible thing to happen is that bitcoin's value will drop, but will regain its value sooner.

yes right when big correction comes, who have enough capital to go back to buy bitcoin, this is for those who dare to bear the risk if you have to hold bitcoin longer, but now bitcoin is getting stronger with various issues yesterday bitcoin back up this show belief some people increasingly to bitcoin, unlike a few years ago it took 2 years to return the bitcoin to its original price, I'm sure slowly bitcoin will return to $ 4000.  ;D

After a huge fall in bitcoin. Now bitcoin is coming back again, its value is increasing now and current status of bitcoin is rs 234978 per 1 bitcoin and it will increase more.

Yup we need to keep calm and use this bitcoin and always have a courage to earn bitcoin becuase bitcoin is so stronger than other cryptocurrency i hope the bitcoin not die and i know that bitcoin will totally explode to the biggest value. :)

The price will never constantly go in one direction, so that we can say only one thing, it is a good time for newcomers to invest in trade. In the future, there will be only a price increase and a return to the previous level.

Bitcoin will be able to survive this slump like it always have and it will be increasing in price and reach new heights. I was not able to buy some bitcoins during the price dip because I don' have extra cash with me but I will keep holding bitcoin.

I agree with you, we all should consider this moment as an opportunity to buy into bitcoin before it starts recovering. It will be worth it since the benefits will be short term.

That's right, small investor have their time to invest in the right time. I guess today is still a good time to invest until bitcoin will still not rising to $4000. Buy now and gain profit in the future! Hold all your bitcoins and let's all wait for the right time to sell.  ;D

Bitcoin is definitely getting stronger with time. But still the market isn't that mature that it can escape negative news strongly. As happened recently with JPMorgan spreading FUD. They easily manipulated the market and now enjoying the profit. We can escape such manipulation only when the user base increases. This will take time. But we are heading to that direction positively.

Bitcoin's downfall has created a lot of panic in the people but after this huge fall it has started to recover. It has potential to rise and will get even more stronger with time. So I believe it to be the right time to make an investment as it will surely bring great profits in the near future.

Bitcoin is the king in the cryptocurrency world, other cryptocurrency just help Bitcoin more strongly.
Example after the price of Bitcoin reaches to high price, it usually needs to drop down or correction of the price for keep stable.
Then altcoins will increase to help the crypto world can attractive investors + raise up total funds invested.

Yeah , this is a big truth of the bitcoin market that stupid types of rumros were in the social media .
Here i already explained about it that the the news was not about to ban bitcoin but for the ban of ICOs like things .
But still people pumped the news at another higer level where people get scared and started to sell , so that results into down in the price .
So that was the moment to make the money by buying more and more btc at very low price .
Well here still we have the occasion to buy at low price to about 3600$+/btc , so.if you want make profit then buy now and make easy profit of 400$ easily because to go at the price of 4000$/btc is not a big thing .
And here my appeal to many people to leave the every type of the stupid news and only care about those offical news that we got directly from the authorities of government .

Definitely the recent downfall has created a lot of panic in the market due to which many of the investors and traders have exchanged their bitcoins for altcoins and local currency. But those who kept calm during this time are again getting a lot of benefits from bitcoins because it is rising again in the market.

You have rightly said. I think this depreciation in the market price of Bitcoin is just for the short period of time. There is no doubt in this thing that Bitcoin is very much strong and it has very much potential to increase significantly. I think the ones who have Bitcoin needs to be very much calm at the present moment.

i think your in good decision not selling on your bitcoin because your in calm situation about the issue of china banned the ICO, and i'm very happy to heards about the update and correction are done so your right your lucky for holding tight your bitcoin todays start pumping the btc in the market as stronger crypto currency.

Yes, definitely! Today's downfall of bitcoin will not remain tomorrow. Tomorrow is another days of bitcoin to soar up high. Because of today's dip, bitcoin believer's will take this an opportunity to buy more instead of being panic. This too shall pass and once bitcoin passed this recent issue about China, believe me it will soar high like an eagle. Bitcoin is unstoppable!

Bitcoin is the king, impossible destroy it! It's going to the moon!

I just feeling sad for those panic people who just sell their bitcoin during the China ban. They easily make an decision that they will regret it forever. I strongly believe that bitcoin will reach the $5000 mark before this year end i hope we will be on board now before its to late because next year it will reach $10,000.

yes, you are right bitcoin so strong that it is not easy to make bitcoin crushed and die, I am sure bitcoin price will increase again so do not worry if bitcoin will be destroyed because bitcoin is very strong and bitcoin is a very promising investment for the future.

It is true, bitcoin just keeps getting stronger and stronger, despite the fact that therenare personalities trying to destroy, in which, at end, when the price is lower, they actually buy bitcoins, also we hrar a lot from bankers, but they tend to forget that the banking family, the Rothschild already invested on bitcoin, which makes you wonder, why would banks bad mouth bitcoin, then therr is also the idea of regulation of bitcoin, i think this is going to be hard for governments, though japan alrrady did it, however, i still fail to find out how they regulate their bitcoins. We also have scam ICOs, in which people who don't know how to detect one, might give out their important details, and this needs much caution. Overall, with the negativity coming in daily for bitcoin, still bitcoin is becoming more resilient, since there are also good news waiting for bitcoin, and at the end of the day, we'll just see bitcoin surpassing yet another milestone, so we don't need to panic whenever a nagative news comes up, our investment with bitcoin sure is safe, and ni government can just kill bitcoin.

Yup it was a bad decision I am personally a victim of the recent drop era.  :( but anyways it was a lesson for me to not to believe in the rumors and don't get panic this much easily. It made me think about my decision of selling in a panic time which is no more than regret.
Looking at the current situation I can say that we are going towards the progress. Let's see what happens by the end of this month.

Bitcoin is strong we all knew that. But I haven't heard news or rumors about disappearance of bitcoin and I think China just admit that bitcoin cannot be stop or either disappear, so probably it is not true. And for me, we bitcoin user and bitcoin is bigger than everyone else, so nothing can really stop bitcoin.

China gets things done. I don't think the Chinese are willing to miss the opportunity to have an income in the cryptocurrency market. Most likely they want to buy coins and to control bitcoin because of its dominance in the crypto market.

When the time that news about banning of ICOs in China spread and shocked the btc society, I also get worried because there's a sudden big drop on bitcoin's value (from 240k pesos to 180k pesos). I'm alarmed at that time and hesitate if I will continue to seek bitcoins or not because I've already set in my mind that sooner or later bitcoins will die due to that very bad news. I'm a little bit upset because I'm just starting to know about bitcoins at that time but I still choose to continue and hope that everything is gonna be alright.

I'm glad because I've made the right decision. Bitcoins are now getting back to normal after those miseries and I see that it will grow stronger. I believe that its value will get higher and higher as time goes by.

Let us face the reality, bitcoin won't be killed by this fuds or by any negative news. The people and countries supporting bitcoin are the ones keeping the demand high making them the foundation of bitcoin and as the demand gets higher the stronger the bitcoin gets.