Bitcoin Forum

In the last one month, bitcoin have lost about $1,000 dollars in value. I understand that the fall is connected to the cancellation of Segwit2x hard fork. What I want to find answer to is how long the fall will continue and what would save it from the continuous fall. Your inputs would be appreciated.

Which fall? We're already back up to where we started 2 weeks ago?

Corrections are bound to happen, some scarier than others. How long each correction will take and how deep each correction will go is anyone's guess. Don't freak out just because the price doesn't go up a couple of days.

Bitcoin isn't falling. And never will it ever fall. In fact, this has been the greatest year bitcoin has ever had! And looking back at Bitcoin's humble beginnings till today, it obviously has really gone far from where it was back then. And no one ever thought it would go so far this fast. Corrections on the price of bitcoin is normal. It has hapoened countless times. And even thoug it is going through some major trials right now, i think bitcoin will overcome it all and emerge as an even better currency just like what it did acouple times already in the past.

Who knows? Maybe till it reaches to bottom or half or etc. But you know what? I sure am not gonna dumo my bitcoins just because they are falling at this moment. Because if i had learned anything about Bitcoins, it would be that bitcoins always makes a comeback like a boss. And overcomes every obstacle it encounters also like a boss. So no matter what, i will still side with bitcoins. Simply because i believe in it.

This is calling a correction and big whales give you a chance to buy BTC at low price! So don't wait and buy bitcoin :). BTC is a store a value.

instead of making a random topic you better check the price first! it is already back up and on the rise once  again. this "fall" you are talking about has been over for over 30 hours now!

and it is no longer big. the FUD stopped and is fading away, now only the bag holders and those who sold at the bottom and did not buy back are repeating the FUD and getting desperate.
the charts are clear as day about this though, nobody can fool anyone now.

well it was about time for bitcoin to have it's little correction but however a bigger one will come no matter what. Untill then enjoy the new ride that will come and don't panic.

Nothing annoys me in cryptocurrency than these people who are obsessed with price. Markets go down and up, its normal. What you are asking is a stupid question. Noone is a fortune teller here. Stop being obsessed about the price, go read a book or something. Speculators drive me NUTS. I'm sorry for the vent...

It's not falling, only correcting. When the correction will stop? Who fuck knows this, maybe tomorrow, maybe it has a spike again and in two weeks we will be seeing another correction, predicting the BTC short future is way too hard at moment.

Bitcoin is usually subject to some corrections, its price volatility is a normal phenomenon.

Do not worry because in a few months the price of bitcoin will increase a lot, you should have followed the latest news and comments from renowned analysts making their price forecasts ... for many analysts bitcoin can reach more than $ 10,000 in the next months

Novogratz noted:

"When it's that easy, the price of BItcoin or Ethereum is going to go much higher. And that is a lot closer than people think. The institutionalization of this space is coming. It's coming pretty quick.”

$10,000 interim Bitcoin price target of Novogratz
 (https://cointelegraph.com/news/billionaire-investor-novogratz-institutional-investors-will-soon-adopt-bitcoin)

more news


" Bitcoin futures contracts are scheduled to launch in one month on the world’s largest derivatives exchange, and market analysts have nothing to fear.

That’s according to Terry Duffy, chairman and CEO of the Chicago-based CME Group, which will soon become the first licensed U.S. derivatives exchange to list bitcoin futures contracts. Speaking with CNBC, Duffy revealed that CME plans to launch bitcoin futures trading during the second week of December. "

Wont Let Bitcoin Go to Zero: CME Chief Quells Fears Ahead of December Bitcoin Futures Launch (https://www.cryptocoinsnews.com/not-going-to-let-it-go-to-zero-cme-chief-downplays-fears-ahead-of-december-bitcoin-futures-launch/)

It's just a correction though,don't panic when bitcoin price is fall suddenly
You need to keep calm and observe,if you are freak out in every price drop,you will never gain profit like that

Not really a fall more than it is a standard correction that was going to happen. I say going to because due to the fork there was an artificial buy pressure put in place but in turn creates an artificial buying price. Once things

fizzled out and went back to normal this was expected and I am not sure the correction is over. The most drastic part is over but I would say until bitcoin 5k it could still go down but I think the support at 5k is enough to not

let it go any lower than that. This is my opinion of course and I dont trade bitcoin everyday this is what I see happening before it takes another leg up.

Evaluate the coin yourself and then you will figure out a price that the coin is worth and can invest accordingly. Bitcoin got pumped artificially and so now it is coming down, there was really no reason it should have increased so much. So with that said, it has to come back down. In the future it can rise though if upgrades or news comes out.

Bitcoin and other coins have really volatile prices, they can show really interesting price curves. Before complaining about the price, it is better to check the price first. In my opinion, the price is ok.

Seems like the short term fall has come to an end for now. We rebounded right at 6000, as expected. People decided a while back that buying at 6000 would be a good idea, which seems like it helped us get out of that rut. For now, I don't think we'll see any more strong drops in bitcoin but we won't see super strong rises either. I think we'll have a bit more of a steady rise.

There is nothing to worry about - it is normal, and decline like this is to be expected. Please don't forget that bitcoin rose up more than 600 percent on the year.
We have a dramatic price increase from $4500 to $7600 in just one month - we shouldn't be so greedy to expect that bitcoin will be always and forever bullish.
Bitcoin will generate you amazing profits - just be aware that you will need to wait for it a bit - don't expect to become a millionaire overnight.
I strongly believe that institutional investors will adopt bitcoin in the next six months - when that happens we will easily see price crossing $10k.

You are dumb as fuck, in one month bitcoin came from $4500 to $7800 in just a few weeks, and you are complaining because it just dropped for about one thousand dollars? This is the most pathethic thread that i have ever seen on this forum.. and i always see those kind of newbies like you always complaining or making fantastic speculations about bitcoin over one million dollars.. and the list is long.
Bitcoin will be in where the people wants it to be, there is no way to control the price, the only ones who can control it, are the ones who have larger amounts of bitcoin.

You folks better start looking at the bigger picture (check a daily or a weekly chart for a change). Because if you did you would know that we are still up $5600 since february 10th of this year. Sure we were up $6800+ at some point but even if you have little knowledge about how markets work and natural growth you would know that parabolic growth isnt't sustainable. $1000 is for a lot of people still alot of money but  if you have been in the space long enough you know this is kind of normal (high volatility). I don't think the segwit 2x cancellation was a direct catalyst of the drop, it actually started another push to the upside (which ultimately led to a nose dive). I think the Bcash situation had a lot more influence.

Just a $1,000 lost and that is considered as fall based on your view? Don't mind that and instead just take look at how it was increased. You can refer to price chart history so that you won't thinking too much. It's not an alarming anyways. Don't stressed yourself thinking how long it will fall*.

Can't imagined if the price decrease to $2,000 or more maybe you will now be more worried even while sleeping. Just relax and watch the price grows. It's part of the system since the beginning.

As of now the price of bitcoin increasing again last few days the price fall but now Im very happy because the price up again.
I think many people again buy bitcoin because they want more profit.

Good thing we did not wait that long before it started to recover. Bitcoin is going back up again and may go back to its previous price before segwit2x got cancelled.

Obviously a troll guys, it is obvious. Do not even hesitate to reply to this thread because you know that he is obviously trolling. How could he be afraid of the recent dump of bitcoin, if bitcoin has increased more than 6x times during this year? he is obviously joking in here, because i dont find any other answer to this question.
Just look at the charts, i still remember when i bought some bitcoins last year at $650 each one, and now it is upto $6800 each one.
Why does this kind of people are still in this forum? i dont understand it.

The price dropped due to cancellation of segwit2x, people holding it for that started now spending the btc on alt coins or sold them off for dollars. Now it's steady again around 6500$ and will remain around that and go slightly up bit by bit untill a new date will be set for the segwit fork and people will again start buying for the free forked coin and then it will rise again enormously surpassing even 10k$.

Better to see the price chart first and then post.

Time you posted: 3:21 pm (UTC) - November 14

Bitcoin price when you posted (according to coinmarketcap): $6500

Bitcoin price at November 12, 23:00 (UTC ): $5700

The correction has finished and the price is not falling. It's rising.

Current price: $6630

The ups and down of bitcoin is normal. Its up to you whether you want to put your full trust on it or not. As for me, no back down since the price is now recovering. Segwit2x was cancelled so I believe for more positive outcomes on the weeks.

well, until people think that it is the lowest price. we can not limit it, because it happens because people panic. sometimes, the price will drop until there is good news about bitcoin. well, I guess that's the usual thing.

I think why bitcoin price fall in the last few days because the fork is cancelled . So those people buy bitcoin before fork sell their bitcoin because the purpose they buy bitcoin is to get some bitcoingold so if they heard the news about the fork is cancelled they sell their bitcoin. But for now the price of bitcoin increase again and i think that's good for us because we can make more profit again.

I sure bitcoin will raise fast, the price down is just for a while. Because I sure demand of bitcoin still high.

Bitcoin recovered already. More than $6800 right now. No need to worried about the price dropping and those holders are happy to see the price is going strong again. As for me, I continue to believed in bitcoin that's why I don't panicked and didn't sell. Just have patience and hold because we may see the price will continue to go up next month specially at the end of 2017.

Price  is currently up right now and we all know that after the downfall it will be up. Well i think this is a false report , it is up again now , bitcoin has a characteristics that if it is down it will find a way to be up again. It only a matter of days to be down or week then it will be up again it makes the newbie to panic sell their bitcoin that makes bitcoin fall but after that it will be up suddenly and making a noise all over the net.

Don't worry it's not falling since its fall 3 days ago, everything is just a temporary problem you might wanna chill it out and read all the news on the internet or here which more people know how to speculate.