Bitcoin Forum

It's is a simple as that.

Are people really dumping their coins because some dumb boomer whose doesn't know shit about any of this, claims it is a fraud? Haven't you learned anything yet?

http://fortune.com/2017/09/12/jamie-dimon-bitcoin-cryptocurrency-fraud-buy/

Or is it because some commie chink country decides to ban whatever the fuck?

http://www.businessinsider.com/china-ban-bitcoin-exchanges-2017-9

Really? this is it?

I am truly disgusted by how many pussies are involved in bitcoin. If you can't hold through bankster FUD, you don't deserve to hold any BTC, so actually yes, sell your god damn BTC to someone else that will not panic sell next time a bankster decides to FUD on fakestream media. You cucks will complain about how volatile BTC is, but you are causing the volatility yourselves by reacting to news like a bitch.

Im sense a lot of anger in you, my young padawan  :D

Sell the BTC for FIAT fast, and rebuy it, when BTC hits 1000$ in a months time  :-*

LOL :) too many newcomers in bitcoin nowadays that is why they are dumping lots of coins in the market.
Newcomers always fall for the negative FUDs because they are always scared of losing their money which not going to happen.
Bitcoin value set a certain benchmark that will never go down to the certain level that is what newcomers are failing to understand.

they deserve to lose out. market needs lesser of these cowards

Coins from weak handed people need to flow into stronger hands, let this process take place - I don't mind it. The sooner these people run out of coins, the sooner we can focus on our way to the top again. In the meanwhile, it allows me to buy back the coins I sold at +$4500 levels, so there is not much for me to complain about. Ultimately, this market has always been like this, where fud has quite a serious impact on brainless individuals. Other than that, we shouldn't give this China fud too many credits, because there was a correction due anway, so that doesn't change anything in this situation. The market didn't have much fuel to left to continue this rally. We have gone up like 400% this year alone - isn't that enough for people? Let the market step back for a while. Once the price is going back up again, the people having sold at current levels will buy back their coins at premium levels - this form of capital destruction is a heavy/expensive enough lesson for them.

The market is driven by speculators. If there are some bad news, even if they are very small and unreliable, speculators expect to see some price drop, so they start selling, because they see it as earning opportunity. This selling amplifies the price drop far beyond what would have happened initially - then the noobs start to panic and sell too. In the end, some people profit from buying in the dip or just buying back lower than they have sold, while others loss their money when they sell at the bottom. This is how it always was, so it's better to just hodl if you aren't an expert trader.

This dumpers should have first known the vision behind the creation of bitcoin and other cryptocurrency. Why would you let someone dictate you with what you have to do with the bitcoins you hold. Hold on to your coins and i tell you, you wont lose anything in the end. Be more patient and dedicated dont let anyone decide for you.

Yeah, I agree with Cybersoft: there are too many people who invest in bitcoin just to have "easy money" in a short time.
They heard of btc rising in price, saw an opportunity without completely understanding how it works, and now that it's falling they try to save the money they invested.

That's their point of view. Mine is that I can invest more money ;)

I believe these news are just manipulating the flow of BTC value. These FUD that affects unfortunately the value of BTC this past few weeks. China has big whales of BTC holders in their country. While JP morgan CEO has a lot on its plate that he can affect other afraid investors too. This shall past too. We need to keep holding BTC and dont be affected of this FUD.

Quoting for reference.

BTC will NEVER EVER hit $1000 again.
Not in a months time, not in a years, never.

They deserve to loose their money. I'm happy to buy their coin with low prices.

There are a lot of new people in crypto because they see the price increase and follow other people to buy bitcoin. This type of people is the one that usually panic and dump their bitcoin whenever the price decrease. They deserved to lose their money investing in something they don't understand.

Jamie Dimon have done this before right? He has been attacking bitcoin for years now. It is very weird how he is creating  this 'somehow effective' FUD. I get why your angry though, it's understandable when newbies get caught up with these FUD but i'm seeing a lot of 'experienced' or old users that still fall for this FUD.

the price drop won't last a month, let alone a week. you really overestimate to what length people will care about something. this'll blow over in 3, maybe 4 days tops before the price starts to recover.

its a shame though, a good portion of the people panic selling their coins are probably people that got into bitcoin and cryptocurrencies just recently after the huge price spike, and are thinking that they need to minimize their losses while they still can. had they known better, they couldve just weathered the storm, sure, but i guess at best itll be a nice learning experience on the resiliency of bitcoin for them.

honestly its not impossible, i honestly wouldnt be surprised if it all came down to manipulating the markets to make a real quick profit.

Touché! That's what me and my brother are laughing about. Seeing people selling off their coins saying "Oh my gosh, I can't afford to lose another dollar I need to cash it all out!" Instead of waiting for btc to rise again, which will definitely happen. So they better off lose 30% of their investment than to wait and see how high it can bounce back. Silly people. They really don't deserve even a single satoshi in their wallets.

In bitcoin people are free to make their own decisions. That includes foolish and fearful decisions. None of that changes the fact that bitcoin is revolutionizing finance. If we have a lot of new users who bought without understanding the protocol, then we should not be surprised when they make an ignorant sell decision based on nonsense.
If you believe in the project then just ignore the hype. We have seen these cycles for many years now.

All those FUDs really affecting new people who still have so little knowledge about crypto world.
Well, this is a great time to buy any coins with cheap prices (also need TAs first). Yeay!

Many bad news keeps coming in, I wonder how long will it last.

Yes exactly many bad new upcoming because we know that there are many people who want bitcoin to destroy but it will never destroy it will reach to the sky like it will cross 10,000USD in the end of year. So who cares about rumors?

that asshole's whole business is a scam; don't worry guys BTC isn't going anywhere.

Agreed, but just in case let us pray lol

He's a legendary member and you a newbie. In any case, Jamie Dimon is on a track record of calling Bitcoin a fraud, particularly, since he last talked about Bitcoin being a fraud or a scam or whatever he said, the price has gone up %1000.

https://www.youtube.com/watch?v=i_jgTL6zuik

You can see it here along with the rest of bankster pundits.

Many people are now panic selling. They do not want to sell, it's really necessary because if they do not sell they will lose their money. But they do not think that because of what they do, bitcoins are falling further. But we do not blame them because it's really the safest thing to do now. It really is necessary to say to those people