Bitcoin Forum

That's the black Friday,
this is why The dump is began,  1000$ drop. I hopeful about rising Bitcoin price.

what you Thinking about it??

What do I think? I think we should stop always focusing on price, and focus on the technology. Deal with it, price crashes happen, but so does huge price rises.

You want some green percentages? As we speak, the current Lightning Network nodes we have right now are 4,120; and with the network capacity now containing 434.55 BTC. And guess what? The number of nodes and the capacity is still continuing to increase in high percentages on the daily. Source: https://1ml.com/

That is why it is called Black Friday because everything on the market right now is on sale, so you should buy a lot now because you will never know when will the price will go high again.

This is pretty much the Black Friday that people want. The price is kind of low probably because the stock in some market is going down too and making cryptocurrency's market dip too. This is going to be interesting after the end of this year.

the decline in bitcoin prices today many people experience losses but in my opinion this price decline can be a golden opportunity because it can buy bitcoin at a low price, and I'm sure this condition is only temporary.

I was shocked , really shocked when i saw the market.
It is like a joke before cristmast.
But something that i need to thankful is i was selling some of my bitcoin and others coin before the price falling till 1k$.
I am in doubt to hold many coins recently. Will it be the last of bitcoin story ?
I can not imagine then.

This is truly a golden opportunity.  Those that missed the boat before have another chance to get in and make huge gains when the bull market comes back.  We should all be happy we have another chance at cheap bitcoin because of this black friday event.  Maybe we should even be thanking Roger Ver for the hashing wars.

All the peoples are ready buy more Bitcoin in this dip. But many panic sellers are continuously sell our investment it is hard to predict the future possibilities so keep hold our Bitcoin is the right decision. May be next year it will recover so keep watching all the eyes but don't be afraid in any situation because Bitcoin is a future asset.

Also, I was just shocked at what happened last week with the price of bitcoin. But on the other hand at least altcoins are possible at a lower price. I also hope that the price will not be lower.

Whether this is a good opportunity or maybe it will continue to drain the capital that I have, because the decline that is currently happening makes me want to continue to buy because the price is very cheap. Especially now many people sell coins at low prices so called black friday. Makes me want to keep buying, for a surprise next year. Hopefully!

Hi think Black friday is a reason of the dump, but BCH fork is another one, BAKKT next year ... and .... MANIPULATION

Whales just want to have cheap BTC for christmas and new year  ;)

Yeah sure, if you want to believe it's because of black Friday, go ahead.

Sounds just like when people said that Bitcoin crashed because of Chinese New Year.
It's all just speculation and I really don't see the point in trying to tie these drops to events like these.

You could perhaps argue that the price dropped because of the BCH split drama, but I'm not sure about that either.
It might have been somewhat of a catalyst, but the main reason why Bitcoin dropped is because the support just wasn't strong enough to keep it above 5k.

And many people bought it really high and were holding because "you know 10k$ minimum for christmas !!! you can trust me. Trading is easy, everything is a cycle, so last year the pump was at the end of the year. It will be the same !!!! "
In one word : MANIPULATION
again and again

The decline in price is inevitable, when there is a rise, also there is a fall, sometimes the market is bullish, sometimes it is bearish. All this are simple applications in a financial environment. The present situation is therefore an opportunity for some people to start investing, as you can get them very cheap right now.

This your post is funny and hilarious well I must tell you that it's wrong black Friday do not have anything to do with the drop in the price of bitcoin

I think that our black Friday arrived earlier, although I certainly care about this dump in btc, I'm also trying to take advantage and buy cheaper, for me is a discount more than a dump, although I'm not going to go crazy spending all my money on btc, we also have to be conservative.

Very optimistic about the bitcoin's price rising again but difficult to attach a particular time frame to it. Though the drop/dip margin is relatively high, I noticed the price fluctuations too have been erratic; high volatility rate. I see a profit making season for the arbitrage sector of the cryptocurrency.

bitcoin price is not so low, even we fall a little more its not going to be end either.but 20k$ was odd.so bitcoin will rise step by step from now.its not died and it wont.

Bitcoin's price already dropped again, do you think that it will drop again come Black Friday Sale? Because that could be bad. I mean, not for those who wants to buy bitcoin, but is it good for the market if it drops again?

I don't think there will be a big deal or there will be an effect in Bitcoins price on either Black Friday November 23 and Cyber Monday November 26. I would see more dumping of Bitcoins actually because of the discounted products during that time and people might need some fiat.

So as per your view bitcoin will be 10k $ in christmas, but what is the theory that it will reach that much up high. If you are seeing the last year chart then i think it can also be like 1000$ price also as everyone knows that in christmas most of them sell as they want to pay their expenses for their holiday.

tide hold dont panic guys

Focusing on technology is more important than focusing on the price. As bitcoin and crypto in general keep progressing the price will come along with it.

We need to check volume and rsi on the next couple of days time frame to see if this is going to be a bull trap or the bottom of this cycle with a reversal. It's very early to tell if we are bottoming out or we are going to drop further. There is strong support in the 4k range for Bitcoin but we shall see in the following days to come if that support Is broken we should be heading south to around the next support of 3k USD. Things have been pretty bloody, especially due to the Bitcoin cahs hardfork and that is not turning out well in anyone's favor except some Egotistical alpha males who don't know what they are doing right now.

I am sure that by the new year the price will be around $8000. Now the big players want to buy cheaper. As soon as they replenish their wallets, the market will continue to grow.

Disagree with what the OP concerning the reason behind the trends in the crypto currency market but I believe the upcoming thanksgiving was the reason behind the down trend because I have predicted the market to experience another bottom price acouple of days before thanksgiving and as we can all see it happened. However, the market will slightly arise after the thanksgiving before facing another dump in price in December.

Well we need to expect less and be patience still the best solution for what is happening right now is patience, don't rush the things, neither I , i expect and hope about the rising price of bitcoin but nevertheless, still i hold my coins , diversify my investment and putting a lot of strategy also effort.

yes, people are still selling in panic, while on the other hand, investors are still waiting until they find a good time and position for their entry, so if there are no investors who are fishing to avoid panic selling, it will be difficult to stop, remember bad about bitcoin continuously and the good news doesn't have a positive effect

Yes, maybe black friday will influent on bircoin rising

I think that Black Friday has already begun and it is still going on and on Friday, on the contrary, growth is expected. I don’t expect prices to fall in the near future. It’s possible we will never get so close to 4000$ anymore.

I've watched at 2017 chart the same date with black friday . The same situation was there -$700 in 2 days . Hope btc will be back soon and he won't drop again

Black Friday and big discounts. Now it is clear why the whole cryptocurrency has fallen so low. :D

Black Friday may be one of the causes of the decline in the price of bitcoin, and there are many more things that affect it. Like the BCH hardfork, where all bitcoin miners switch to BCH because hardfork will occur. I'm sure the price will improve again in 1 month.

Yes let's hope that someone buys in again after this prize drop.
And yes bitcoin becomes more and more perfect with the updates like lightning so prize is second.


regards

Times like this should not be a source of dismay but rather a source of celebration. When bitcoin prices go down, it means the door of opportunity is wide open for you. Grab it as for sure the price of bitcoin will gradually start to go up again just like before. Remember, it's always a roller coaster ride. Be smart and enjoy the ride.

yeah the price is drop thats why it is called black friday, it is time for buying coins and holding for some days.

yes, since black friday is all about cheap and less prices of products maybe in crypto it is also the same. So buy now since it is all cheap.

I also noticed that today is such a price correction and black Friday. Buy bitcoin and altcoins with a big discount. Perhaps in the future these prices you will never see) an Interesting coincidence))

There is no connection with the fall of Bitcoin with Black Friday. Do you think the apple and the amazon should also fall before black friday according to your logic? why didn't they do it then?

If there were large companies on Black Friday that sell goods for cryptocurrency, then everything is possible, but such events do not correlate by themselves without obvious factors.

On Black Friday is the day were we ought to buy whatsoever asset, goods or properties we want to buy because there might not be another day for this to happens. My advise for every crypto enthusiast is buy on this black Friday to hodl in order to make profits on a long term.

I agree with people who think that focusing only on price is not a good thing and we better focus on the technology and improvemet on acceptance of bitcoin as a transaction and payment tool. When it comes to price: Although there are people who see these prices as an opportunity and are ready buy Bitcoin, they can not figure out right price to buy because of FUD.

Personally I have not bought anything in black Friday, but yes, it has been noticed how it has come down, but we all know that if it goes down it will go back up, people will always buy at a low price

Yes, that's how I see the market conditions (cycle) right now. Personally, I think we're almost closed to bottom now and I guess lots of people are looking at this point and contemplating whether to get inside and wait for the next bull cycle to happen. I'm also not fond of Black Friday madness, and I'm not looking to buy either.

There are tons of bitcoin prediction price and conclusion about it but then again i say that we should be patient on no matter what will be the results i have some links , i hope it can help in some aspects. https://smartereum.com/3330/bitcoin-forecast-can-bitcoin-price-worth-more-than-100k-in-2018-sat-nov-24/

I think the market dip has nothing to do with the Black Friday event as this could just be coincidental. BTC is now below $4K and the lowest market value this year could be a great opportunity in buying btc at this lower price and consider long term investment until it will reached another ATH.  I believe that rest assured you may able to gain good promising profit when that happens and even if take a longer time, it's definitely worth of waiting.

I don't think the current price decline is only due to black friday, I know that some users might be interested in buying something at this moment, but not many users do that, me and you are one of them, in fact BCH cases are still the main topic why the market crypto is bleeding again

if all you think about is crypto / bitcoin as a trading asset, what you feel is only limited to a momentary loss and profit. crypto is more than that, this industry is the future of digital transaction technology innovation, I am very confident that this industry is able to change the world economic order. so even though there was a dump during black Friday, I don't think it was important, while Crypto continued to grow and give new hope to the world society.

We will always look for reasons as to why the market reacted last 48 hours. Did really Black Friday affected the price? or not? We can all just speculate on it.

But if you look at the bright side, we may have seen the bottom, and this is the best buying options until the next bull cycle started again but we need to wait a bit longer perhaps a whole year as well to be able to get a good returns for everyone.

Yes. The technology is not in doubt. It is the price. And I hold the opinion that the price was really way inflated. This price drop may actually be a corrective step and the way forward for bitcoin.

Its true that its black friday because bitcoin price drop below $4000. Bitcoin right now at $3700 and i hope the price can recover again. Market cap value drop at $120billion and its more than 80% from highest value, indeed its really black friday

I think this is the right time to collect crypto assets, because this is the time when crypto prices are at the base and it is well suited to take a buy position for us to hold for another year or two.

It is indeed a dark moment for those who have Bitcoin in their possession,  but I believe in this coin with all my heart and I want all of us to do same.  If you have money,  you can invest in Bitcoin now and be a billionaire later.

it happens! the crypto market is volatile and any investment see such days - investment means risks - risks of profit and loss - both! if you are an investor, why worry? its a better chance to buy more!

I believe it is good to have some btc but the point is we do not know yet if this is the bottom. Almost crypto price went very low. I still hope for the best about bitcoin that it could go up again.

Everyone says the market will recover and the bitcoin price would go higher again but i can't see and recovery.. I am remembering that the price was $10k six months ago and lots of people were talking the price would go higher.. Now everyone says it is black friday that's why the price is become this low. And i am saying now that the bitcoin price were too high and started to fall and still falling down. Not about the black friday or something.

Really I'm so sad, but we can use this opportunity to buy more assets, it's like a discounts in the market!

Agree with you, look long term right? but sometimes the total balance in the portfolio makes me doubt and afraid of loss and loss again, maybe I should to delete blockpolio app in my phone..

Surely? if we see the price on the last christmas (last year) the price of bitcoin has fallen down after touch the highest price on Dec'17. So, it's very possible the price will be down again nearing christmas day or new year..

I think it's logic, many people sell a lot of BTC to buy goods or needs at discount prices on "Black Friday" and I guess Bitcoin can't compared with apple or amazon.

blackfriday was also for the crypto world, literally.. :-\ I hope the bottom of the glass is near. 3000$ and then to the moon?

As far as I'm concerned, I find that almost all withdrawals happen so quickly on a dark Friday event, which results in very bad results for the price and the other investors. But I also hope that the price of BTC will come back soon and increase more ;).

hmm maybe the black friday is the one reason why the bitcoin price is dropping, i hope in the next month or the end of this month the price will recover and all people will use bitcoin again

Black Friday with the cryptocurrency market bleeding. The shock that has happen in the bitcoin and other top currency prices has manifested in this black friday with bitcoins fallen below 4000 USD.

Black Friday is not over and today we again see a significant reduction in the price of more than this by 10%. What is the reason-all the same, the lack of good news in the market. The root cause was the hard fork bitcoin cash and then just panic and here's the result!

I love black Friday, make up the margin of 200% and after a discount of 150. The ideal strategy

Who had time to buy?

I agree with you, black Friday this is our oppurtunity to buy coins cause the value is dip, this time are good to hold and waiting for a few months or more until the price value goes up and sell it.

Black Friday big sale with goods and big dropped price with crypto. i think do not concentrade the price, just forget them a several time, they will come back soon.

I believe Black Friday affects Cryptocurrency. Everything that can buy influenced by Black Friday, but I do not know how long this event will last. But I think Black Friday will soon end, and Crypto will grow back.

All we have to do now is keep holding our coins and not give in to the General market panic. The price has dropped very much and all investors are nervous, but I think that nothing terrible is happening.

I don't think that black Friday sales has any connection with the crypto coins cost. I am sure that the price will rise in the nearest future and it will be able pleasantly surprise traders

The problem with the community right now, is that they don't care about the technologies, the development and just focus only in one thing the price. No matter how many times we stare in  our computer  we can deny the fact that Bitcoin is crashing and it needs time to recover.

Oh my God! I'm already sick of the phrase "black friday" ;D I'm not sure that there is a link between this "event" and the fall of the market. It upset me so much that I don’t even read the news of analysts ... I regret only that I did not buy coins at a 50% discount in one project on pre-sale((
 

yeah i agree
it's sad but true, that's the fact
so they only care about their money, their investments
they don't care about the technology

Now that's a thought! there could be an impact on the price of bitcoin as people sell around black friday in order to realise cash to spend in the sales. I am not suggesting that it it the only reason or even the main reason but it would be interesting to see if there is any statistical evidence to support the hypothesis that major events unrelated to bitcoin drive the price as people sell to get fiat? 

Black Friday is a sale day. That's why the price of bitcoin fell. I don't understand why people panic on this stages, there's a lot of people wants to buy this opportunity.

i like black friday to affect bitcoiñ. pump everywhere because people need money to take their needed. and this is close to December, when people need to cash out much money.
the great is, more bitcoin fall, more bitcoin will jump. but we never know when it happen

I don't think sure Black Friday affects to cryptocurrency. There is another reason why the market falling because of the BCH hash war drama (BCH miner selling their huge amount of BTC to pay the mining cost) and Bitcoin ETF drama (SEC rejected BTC ETF proposal and makes many people not interest invest on cryptocurrency)...

I think everyday Bitcoin price failed, everyone people want to needed Bitcoin money and price pumping again. Actually many people can't understand now what's happening for down Bitcoin value.just start if will again going to up Bitcoin market then lot of people will get more profitable.

Friday last week really bad for bitcoin. Bitcoin price drop to $3600 and its makes others coin drop the price too. For me its really exciting because i can buy bitcoin at lower price than before. I am believe bitcoin price will recover but maybe its need more time

I think we need policy regarding black friday, all i felt its just make the price decreased day by day,
I dont know, maybe im stressed because the price still going down, can someone please give me advice what should i do now while BTC not really up this year :(

there is many reasons which cause bitcoin price down this year but i think next year will be good for crypto market and bitcoin will be rise and will be make new high record

Because Black Friday is an annual event, the enthusiasts are always enthusiastic
all ICOs provide very large discounts, but they are not accompanied by the current crypto market situation

Please stop talking about the price. There is always period of time for price and no one knows when will that happen. We should focus on the product of the ICOS and the things that surround it. Us focusing on the price will only make us sad. Always remember that, cryptocurrency is not all about the coins's price anymore.

Black Friday certainly influenced the market, but I do not think that very much, because the market has been falling for a long time before that and market manipulation was not focused on Black Friday, so you should not think that it was all because of Black Friday. The market is very easily manipulated and it happens all the time, we simply cannot prove it, but it can be seen even with the naked eye.

I think we should stop focusing on the price and keep holding.

Exactly! We really have to see behind the things..

End of this year what will happened no one really know  about  it, its just a hope. 

This is an annual event, and it affects most of the buying and selling services. But this may be the reason the Crypto market is down because all Altcoin is also responding and participating in this annual event.

Yes, i also call it as a black friday that dumped drastically Bitcoin and altcoin prices. Most of the crypto related people are panicked now and they try to sell their coins or convert it into USDT. That's why this dump again happened. Everything has an end, so this dump also has end and after that crypto market will back.

Week discount "Black Friday" everything is reduced, all the items available on the market. Even bitcoin, it drops suddenly and makes investors fear headaches. Market fluctuations are so strong that the coin no point increase. I hope everyone does not discuss the value of bitcoin anymore as this is a new opportunity to start.

Nonsense, the fall wasn't about black Friday. The fall was due to the hard forks of bitcoin cash. The war for hash has begun and now everything has calmed down.

I noticed that people are fond of Black Friday, simply because the various things on the weekend are much lower.
 What precedes customers to buy a large amount of things every year for Black Friday, saving money.
 He helped me a lot, although I honestly did not even know what that was, but that's a good thing I've done,
 I Love Black Friday!