Bitcoin Forum

Don't know if the market will drop further after this Bitconnect news.

Are you guys waiting to go in more or just going in now?

I think the price drop has ended., from one article I read, the last 3 days price drop yesterday occurred due to a 51% attack which means "the state of which there is half the manpower power in a crypto currency network controlled by one group miners "
And when they enter, greatly affect the price. can go up and get down, and now is the time to buy, and hold

It would be better to invest and trade now. It is now in the state of recovery. A sudden drop may happen anytime but it cannot go very low. Take advantage while the tide surge is not rocketing yet.

When there is a bad thing of course the market will give a response. I think bitconnect has a large enough market so when there is an incident in bitconnet it will affect the state of the price of cryptocurrency. Hopefully things will happen no serious impact and only lasted a moment.

While I do think the drop has ended, and we're going to pull into a bull market I'm not the person that's pulling the strings at all -- None of us are. We don't know what's going to happen, charters don't know what's going to happen, we just have to play the market.

But this price is pretty solid for a bull run, been seeing a lot saying we should shoot up from here.

Anything could be possible in Bitcoin you just have to wait. You don't trust BTC just yet i don't really know if Bitconnect news will have an impact on Bitcoin but one things for sure have fate and believe.

I do not know, bitconnect or bitcoin are both hard to predict at the moment, but waiting is not a choice variable, because waiting will only get regrets in the future.
Do as long as we are able to control it.


Yup, by buying it now is the right way, that's the only good way we can do it when the decline happens.

I think this is a time when prices will rebound, though everything will be slow because of the diminishing amount of investment. If you want to invest, then I think this is the right time to invest. However, with the unexception of the possibility that prices will fall slightly, so you should break the money you have to invest many times.

Its a great time to buy more coins because prices are low and after bitcoin breaks the resistance it may shoot to 12k-14k.

And why would Bitconnect affect the market? This recent dip was not caused by bitconnect after all, they scammed up everyone, and that is it. They didn't make the price drop, and that was not the first cause of why it dropped so hard.. So no, this dip is a temporary one.

Nobody knows and you shouldn't trust anyone who says otherwise. It is literally not possible to know if the price will go up or down. If it was a certain thing, nobody would be on these forums because everyone would be out spending their billions of dollars they made from their ability to predict 100% of market trends.

Currently the price is in an upward period after several days of continuous fall, and hopefully this is the beginning of everything going to the moon even though no one knows how it will happen at the next market price. we just need to try and do not hesitate.

Are you referring to the market of Bitconnect or the market of Bitcoin? If it is for Bitconnect, you should avoid it. It is a ponzi scheme ever since. As for Bitcoin market, it is now slowly rising. The its market is now recovering. The same thing with altcoins, they are niw turning into green.

I don't think the market will drop any further because we can see the price of Bitcoin spiking up right now. The price dropped upto $9200 and has recovered back to $12500 and will probably rise further more. We might see BTC into the $16000 market in a week soon if the growth occurs at the same rate. This is the start of the BULL run people are referring to. Bitcoin will surely create a new ATH within 2 months. So this definitely isn't any going any lower now.

I do not think it affects the coin market. However, after the break bitcoinnet, the coin lending will affect quite large and in the next no one will invest in the coin lending anymore.

I don't think the Bitconnect news will have a drastic impact on the market, unless otherwise you can give us proof. The news that Bitconnect is a scam have been floating in for about a month now, if it has a negative effect, it should already be price in already. And just like what I said in the last couple of days, bitcoin is on recovery phase. The waiting out game is already done. Investors started to flock the ecosystem once again. Before I went to bed, the price of bitcoin is around $11,000-$11,500 and it looks like its stuck on that levels. However, it's gaining momentum and we should expect a rally ad testing $13,000-$15,000 in the next days or so.

Just going on now and we push this thing more and more deep inside then it will just be good. I think we are not going to get this chance once more real soon so it's better to go in now only. Doesn't matter if the whole thing is all because of some FUD or any kind of ban, what we should take from this is just to make sure we are entering into trade at this point and hold until we get as much as profits from this trade.

Once there is negative sentiment especially as regards bitconnect,  there will always be new low that will keep forming.  If you are in bitconnect just take whatever is left of your fund and move on.

I am just investing as much as i can right now, the price is pretty cheap compared to what it was a few days ago.. So for me, this is a nice opportunity.

I have just bought 0.50 BTC + 2,000 QSP, they are pretty cheap too, and it is a very good investment.

going in and buy now mate cause the price is going up now maybe it will surge again like what happened before when the price increase suddenly. And perhaps it will happen again because there are some big companies want to regulate with bitcoin so there's a possibility that bitcoin will jump again to the top so we should hold and let the volatility pass until bitcoin rocketed again.

No one can say if the dump is already over but for now let us just buy more bitcoin and hold. This the best idea I can tell for you because it can give you more profits in the future. Bitcoin is volatile so we can't predict when will it be over and when it will pump again. Don't be worry because many people, investors and even big companies wants to invest here in bitcoin, and in the future it will affect the marketing price of bitcoin and it will pump again in no time. Let us just wait when will bitcoin pump again.

price of what? you say market as if the market moves as a whole but it is not true.
bitcoin affects the rest of the market and whenever it is moving big, the altcoins drop as a whole. that much is true but in normal situations everything is moving on its own. and altcoins are having the same pump and dumps which means some of them are going lower and some aren't.

right now the bitcoin FUD has ended and the market newbies are milked to the maximum potential. and as you can see price has been rising for a while now with a strong buy support. that is why "the market" is showing recovery.

I don't know where bitcoin price goes down. But l will patiently wait for the price increase because l believe that when bitcoin recovers, soon it will grow until the promising price of this year is about to happen. I believe that many people will watch for this and wait for the right price to sold their bitcoin. Because only bitcoin holders can experience the very expensive price of bitcoin. That's life we have to bet in the future so that we will see our faith is going to happen.

I agree with you. I do not think it's gonna be all that bad. I think it's a bit touched by the bitcoin and it's gonna go up again pretty soon. It's an opportunity for us to invest now. There is another chance for those who have not yet invested in bitcoin. There's a hand from "GOD". After all, it's a long-term investment. You do not risk, you do not win.!

Do you think that the market is very dependent to bitconnect? No. What's good about those bitconnect news is that the community or the new investors that doesn't have an idea on what crypto and bitconnect really is will be aware of it. I'm happy to see that these news came out already even though there are warnings before from the concerned community members here about being scammed of it one day. And now, people on the top of that scheme already exited.

No one can be sure of this, everything has been determined those who are behind the coin. But you should act quickly so you don't miss and you must be willing to accept the results.

It looks like the crypto market has recovered pretty well.  Maybe not yet to the same high levels but still pretty good from its past few days lows.  I was hoping for more opportunities to buy more on the dip.  

Absolutely not, the big fall in the market that has occurred in the recent period will not be repeated. As well, Despite that the prices are volatility a little bit, but I guess that the prices returned to the rise in this period and for example, In the last 24 hours there has been an acceptable progress in many currencies like bitcoin which evolved from 10k to 12k and the same for many currencies such as: Etheruem, Cardano, Bitcoin cash, NEM...

Otherwise, Certainly that there will be a great surprise in the future and I think that many currencies will jump in value of market cap and price and in my opinion, Ripple and Lisk will develop by a huge rate in the near future.

I don't think market will go down further as it has already gone down due to bitconnect news.Now that market is stable i don't see any scope of further correction.People has already faced lot of losses due to this news and were panic by this bear fall.Now that prices are going up slowly and steadily,it will set new benchmark for sure.

actually that makes bitcoin prices weaken is when the panic of the investr occurs, but it instead becomes the advantage of some parties ,, because at the moment when bitcoin begins to weaken ,, there are some new investors who enter when prices begin to weaken and fall deep enough ..

I bought more some pupolar coin after the price drop until 50% , because in my prediction that maximum down trend for crypto and after that will rebound and going up. And at the moment iam in profit about 20%-30% and continue hold it after reach 100% profit.

I'm still waiting to go in because the price can go down again. News always give chain reaction, it will happen again and again at least create 2 - 3 top/ bottom price. After second top/ bottom price I'll try to buy back with martiangle money management as my strategy. What am I doing also has risk, what if only one top/ bottom ( correction ) happen? it will change my strategy pattern again. If that happen, I'll fix it again and again. Just wait until the low price comes up and buy again. Good luck to you.

perhaps its time to going in and hold while the price is affordable cause i have doubts it will never drop again maybe it will continue to fluctuate around 11k-12k  and after this month it will soar again for sure.

The price of cryptos are beginning to rise again so i am just being patient right now, anyway the lows snd highs are normal thing here. Lets take the opportunity to buy and hold. Yes  news affect everything in this world and cryptos are not exempted from bad news. But those bad news will soon be forgotten and as long as many will hold on to bitcoin and alts which have really good projects, potential, market, community they will never be down for long.

Prices fell for roughly a week and now we're stabilizing at higher prize levels for most coins including Bitcoin...Not sure if we will see an uptrend soon since there isn't much good news.

Bitcoin is any time to changing prices. It not stabel process. So you will vheck the prices in the Market places.  Then you will know about the process. If some information. You need to check the bitcoin price day by day. So you will time to acct.

Note: 1.If bitcoin ban in some country. It will be go down.
         2. People will be released the coin it also affect the prices. It time to change process. So you will follow the market places information. Then you will get some ideas for invest for future business process.

the market is very crazy now I prefer menuggu until the normal price and have not dared to trade coins, because the risk is too high .. it's almost a week I watch the market ,, of the results I have not dared to trade

Changing the price of any trade. So when the price is low here we look buy many bitcoins. For increasing the price we can sell our bitcoin to the high price and here we will see substantial. That's really all the trading price descending and rising so we could wait and be patient

It is the first time in my history to see the value of bitcoin reaching $10,499 which made me think that there is something wrong going on behind the digital crypto currencies because when the bitcoin value dropped, I have observed that all the alternative coins are affected and they are all starting to drop too which made me think that bitcoin is the foundation of all the digital currencies. I cannot say if the price of each coin will keep on dropping because just like you, I can predict the market.

There's two ways BTC will go pump or dump, people says that in like feb 8 btc will reach 8.5k or in the meantime BTC can hit a brand new car 30K so trading is a very risky job.

Nobody knows if the market will drop further or if it will start to rise. For the meantime, I wanted to invest more because it is a good opportunity but I'm lacking capital so I will just join different bounty campaigns and airdrops. You can also earn from them while you are still skeptical to invest.

I think were just hype with the previous happening in Bitcoins price especially last year that it gives a huge pump and now it is totally dump and gets lower. Also, nowadays value of bitcoin frequently ups and down from time to time. So, I think, even the price is going lower stil it is aiming to be higher on the next days.

Bitcoin price for the past weeks continues to go down and causes panic to bitcoin holders who invested a huge capital just to hold more bitcoins in their wallets. However, I don't think this is already alarming since this is just part of its volatility. If you are afraid to take risk then you can sell your coins now but if you want to earn big profit, you can buy coins now while its price is low then sell it when the price pumps up again in the coming days.

You can now hedge and profit from both down and up swing on major currencies BTC
check http://tradeblock.pro

I do not think that the market will collapse from this. Bitcoin and altcoyins are now on the correction. After correction, the price will rise. So you should not worry.

We really don't know about what exactly happens of bitconnect. I'm really sad of the people who bought this currency at $200+ price and now the price was too low. I hope the price will recover in a few days.

I think it will going to jump up soon because that's expected right? In the marketing of bitcoin that is normal that many people can become panicking when it's drop and become amaze when it's going to rise up as higher as it.

hoping for better days and the bull market to approach  :( :(

Bitconnect isn't everything in this crypto market. People are just terrifying about that news , soon or later they gonna invest their money back into Bitcoin soon . Sideway gonna be real.

I do not think we are going to see the kind of  low price we saw in the beginning of 2017. The price of bitcoin might go lower but not like 5k or below 10k. Bitcoin is more valuable like never before and most people are keeping their bitcoin .

Compared to the peak price it has reached in the past, what we have at present is much low. Same time the price is expected to grow high and reach a much bigger in value even when it is to face lot of issues from the governments functioning around the world as well upon the technology growth necessity for the growing population.

Not every bitcoin investors have invested on Bitconnect, that's why the scam news will not have a impact on the market, long or short term. I have entered when the price went below $10K, I have stored enough so I don't think that I will go in unless the price goes to 4 digits again.

But for those who haven't, I suggest you enter with the current price, good buying opportunity still. Not low but not that steep either. You can still ride the train before it gain steam in the next days to come.

Most of altcoins are going down or decreasing in terms of their value or prices but i believe it will increase again.

the prices are dropping, i think at this time, just take a break to watch the coinmarket carefully because i think the prices will be getting lower. just wait for a right time to buy some coins

As we are seeing, it usually dropping this month, we should not be surprised as it was already predicted by our trusted experts in trading, nothing to worry about it right now as it will bubbled as soon as possible, getting lower of the price does not mean it is the end, so we don't need to end the story behind bitcoin as we are just beginning for everything.

bitconnect is bitconnect only theres no issue to other altcoins.

I think there's a good chance it might fall below 10k. There's just so much fud going on right now, with Korean news media continuously spreading fud talking about how crypto is just gambling, other governments seem to be taking this stance nowadays too.

Also think there was a lot of people that went in near 20k, saw the price drop, and now they're panic selling.

Don't worry though, this is quite natural in crypto. If u sell now, you will probably regret it in a month or two

Well the first part of this year really gave a lot of people anxiety attacks. Especially those that aren't used to bitcoin's volatility since most movement this january are more on the bearish side. But if you think about it, even if it breaks 10k support, bitcoin is still expensive at 8 or 9k usd.

Just when you posted this 3 days ago, I thought Bitcoin was on its way to recovery since it's rate were already playing in the high range of $12,000, even had a potential to reach $13,000. However, just a few hours ago we experienced another sharp decline at more or less $10,500. Looking at its rate right now, it seems like it is gradually rising but that drop is significant. We might experience more within the following days even lowering to the range of $8,000 but I think there's nothing to worry about. There's just really something about this month and it seems to be normal as compared to the events that occurred before.

We broke the 10k support last week. Since one month BTC going down, maybe it's the end of Bubble like in 2014 but i do not care because it s growing up even after the bubble.

remember what happend about the korean news couple days ago. hodl it if you wanna capture the value.

You must take the oppurtunity now because maybe one day the price will go up. This is the best time to trade or invest.

I believe the price of bitcoin will increase further. Even though the price of bitcoin is less, and after a little bit more investment, I will invest in BITCION. 

   Question and answer! I think that in the end it is important in
what we believe in. If you believe enough why not to try, who
do not try can regret for not trying, who try and fail will learn
how to stand up and live to fight another day.
   I invested in Bitcoins and for me this is not the end of investing.
I thought price will be over $20000 already, now with this price I
think I will have time to earn some money and invest in Bitcoin at
this "under $20000" price.

Yes bitcoin now is dump again, for me i was not surprise that bitcoin now are so dump it's a normal to dip bitcoin because it is have a high volatility that any time the coins in cryptomarketcap was fluctuated sometimes dump and sometimes pump the real life of crypto's. Some people say that the effect of these lower price now of all crytocurrencies are Banning of china, for Indonesia and last i read is South Korea they are continuing. Besides we are in good opportunity now to invest more in bitcoin.

For me as investor, I'm on worried status but if I see back on few years before, bitcoin always show a uptrend progress.
It means that I must keep hold and hold even if bitcoin is on downtrend or I will regret because sell for cheap value

~Hold = patience !

Now it happened again.   ???

What is happening with the crypto world. It seems like there is a bounce back everytime it goes up for just cents.
Who is selling? Who is dumping?

I havent seen anyone that can truly answer this questions.

If you wait for deeper again, you might have a chance to gain more profit when the price goes up.
The other option also you might be missing the boat again in the secont time. For me, i will act now to buy at this low price.

after the huge increase up to 20k it is normal to see the prices gettiing lower, I have always wanted to show to my friends that this would happen but they were too optimistic, so I guess that this is the dip and it will recover soon to being normal.

It is not going to do lower than this, maybe it will be touching $8000 or $9000, but not less than that amount of money of course. I am still waiting to see one of those prices so i can buy a little bit more. And no, bitconnect is not affecting anything in here.

Bitcoin price is still reducing due to negative news spread among the forum.I suggest such people to don't do that.Bitcoin will sustainable for more than 100 years.Due to the fake news many are selling their holding bitcoin and this may be the reasons for the price fall of bitcoin.

Its not actually a bubble but a correction and yet we are still seeing the price is on high state. Can you see the price difference on previous years? It continue to grow up even more after a sudden dip this is why we shouldnt really bother ourselves on seeing dipping prices because as a bitcoiner you would really treat these kind of situation as a normal one since from the start we do know that bitcoins price is always been volatile so we should expect the unexpected anytime.

if viewed from several different viewpoints and read from some speculation that exists, it will be a long enough price decline ,, may be able to reach 1-2 months time to be able to recover ,,
but no need to wait for a lower price ,,.
because in any crypto trade can happen very quickly ...

It is a one kind of simple terms of crypto currency. Price can up or down anytime as the price of crypto currency is not fixed. Don't worry about the price. Price is decreasing now but with very short time price will be hitting big value. Hold and wait for pump.

Bitcoin has been and still is one of the best investment vehicles in the world. Regardless, as an investment asset, it will suffer from prices drops, and will also enjoy price increases.

all market prices went down and i was shocked. but when it comes to cryptocurrency its always going down and up. and i think the price now is stable. Hopefully will not go down again that much  ;D

What is the relation between bitcoin and altcoin with bitconnect so the price will go lower after bitconnect news?
However, i think this is the best time to buy bitcoin and altcoin because the price is already very low.

All those who are there in the world of crypto since some good period of time will be very well aware of all these things that this pump and dump is quite a normal thing and it happens quite often. The thing is you really need to be very much careful at such kind of situation as one wrong decision can really result in huge loss of money. Think well and then make some sensible decision.