Bitcoin Forum

Since yesterday Lost more than $2000+ and I couldn't carry this any more. I had 1.22 BTC and exchanged to Perfect Money now. The peoples here telling this crush/fall has been happened for Manupulate peoples and will be up Soon, they are false

Listen the truth: Here in this forum 70% of the people will tell you to hold coins while they have already exchanged them. But you guys know that in this forum maximum if you count total people may have 500 bitcoins for example. But, the businesses in china is so big and they closed everything.

Do you remember the days of 1 BTC = $400 ? I hope yes! & Then pumped to $2500 & then $5000 !! Okay!
But, while king left the kingdom nothing can't do soldiers like us.

Bitcoin is now in very high risk, prepare for more big falls in next few days friends, up-trend is not going to happen dude.
This is not price correction or else, this is Fundamental situation for this currency.

Be Safe! See you bitcoin in 1 = 400  ;D

Ah man, you shouldn't have sold your BTC! Did you bought at the top?

Yes, the current drop in value of BTC is a pretty severe one; $1000 reduction in a timespan of just 2 days! A combination of the usual dynamics of the market and indeed the whole drama in China. However, I think crypto will eventually work its way 'around' China and many people will probably buy in again at a lower price, so $400 per BTC is most likely out of the question. Btw, I'm gonna hoard like a maniac if we do see that price in the near future.

Like I have said before, it's very possible if majority of the China miners are panicking and dumping their BTC as well but there's just no way they will continue supporting BCH when BTC is in this scenario.

Dear Mister Weakhands,
what is this new perfect money you have been talking about?

This is a big crash, not a common correction, but many positive things are happening and great news come out every day.

At any moment Chinese authorities will announce some kind of license and regulation for crypto exchanges, price will go to the moon again.

short sell your way down, just don't sell the bottom.

You are absolutely right this price falls is not like the ones we experienced in past. The situation now is totally different and we can't say that we can save bitcoin from cash. I think there will hardly be people on this forum who may have more than two bitcoin. The number of bitcoin holders is too less who have more bitcoin than 5 bitcoin. Even if you hold one hundred bitcoin you can't compete with those Chinese whales who are now out of the business.
I think this is now the time to sell your bitcoin and then buy it if you want on a very low price. Price I am seeing of the bitcoin is very much low. Bitcoin is going to be traded less than 1k in a few weeks.
Let me remind you one more thing it's not going to recover this time that easy. It will take months and maybe years to recover.

Ethereum.  Everyone knows that.

I must admit at the moment, bitcoin are facing a lot of uncertainly due to the rules and regulations enforced by Chinese authorities on the crypto-currencies exchanges that operates in china, and that is one of the main reason to cause bitcoin price to drop hard for the past few days, but I do not believe that will cause bitcoin price to drop as low as $400 USD in the next few months.

indeed bitcoin is now at a very high risk, but as soon as we are to conclude it. I agree with your analysis because the incident in China is a domino effect that brings bitcoin currently at a very high risk.

I think that bitcoin go to 2000$ Then it will bounce strongly and will not catch it  ;D

Lol!! Perfect Money is not a crypto currency of any sort. Its neither Etherum nor ripple or waves. It is a payment processor very similar to payza or paypal that deals in usd, eur or gold ozs only.

Who told that china is the king of bitcoin kingdom.It was earlier and now bitcoin has investors globally.If this situation had happened earlier,bitcoin price would have even crashed to $1,000.But there is a huge buy wall which is resisting bitcoin price from falling down.I think there is lots of FUD due to which many have become weaker hands to sell their bitcoins.I think also that most of people are just shorting their bitcoins to buy it again at a much cheaper price.They know very well that bitcoin price would increase soon.That's why this huge price fall.

>t. EEA member

haha, you call something a currency that even the developer Vitalik says is not a currency! and everyone already knows that.
and if that was not enough to convince anyone so far, multiple failures of ethereum blockchain should be proof enough that it can not perform as a token for smart contracts let alone as a currency. not to mention all the flaws in the code that has led to exploits and hacks of their official wallet.

I think Bitcoin will stop at 3000, stay there for a while and than will rise to new top highs

Weak hands selling into a dump, this is not good practice OP. You haven't lost anything unless you actually sell, all that's happened is the bitcoin you own has lost value.

I've lost a lot more than $1,200 in value of my bitcoin's & it feels shit yes but I'm not selling into this.

I am two things at the moment

1. A little cheesed off that I have lost some of my gains

2. Happy at the same time that I could now end up buying far more bitcoins than I thought would be possible

Last two days bitcoin price fall $1000. All create for china. but it is impossible that per bitcoin bitcoin price $400. if is it however fall every country share market.

JP Morgan Chase CEO also said bitcoin will blow up,but ill assure you that bitcoin will recover,and all those who say bitcoin will go down or bull shit like that will all go in vain.All  you care about is you getting some profit and nothing else.
I do agree that a lot of people have sold their bitcoin and they say other people to hold because they just want to act normal,unfortunately.

Good luck selling on a lost. I am guessing when bitcoin pumps again and on top you will buy again. Very unprofitable strategy. Weak hand dumps, real holders and believers of bitcoin hold to the very end.

let say 250$.. :D anyone here remember the day some one dump 100 million $ to market make price fall down to 250$

Not going to happen. Crossed 3000 mark and will go to 1000 or near 400  ;D

See you at US$6000 :D

I see your point since bitcoin value fluctuates from time to time it os really risky having a big investment on it. But I will not agree to you that bitcoin will drop $400 this is very impossible to happen I believe bitcoin will drop but not to crashed this bad I'm sure if ever it will fall it will surely rise again. Since that is your opinion it's your right but I will still believe that investing in bitcoin today is always a good choice.

I'll see you in BTC = $100,000!

It is really just a matter of what you choose to believe. I believe it will rise, because it never really stopped rising.

i like these threads that get forgotten about for a month or two
and are dragged back up kicking and screaming to prove that
they were nothing but crap!

you really have to take this type of "advice" with a pinch of salt!

anyway the OP and his followers will have to wait a long time for
their prediction to materalise.  ;D

Is this related to Segwit2X event then If the value of bitcoin will reach $2,000 to $3,000 people will going to panic again but not to sell their coin but to purchase it at the cheapest price. I will be excited that this bitcoin value will decrease again if it will granted because this time i will ensure that i'll be on board so that i could enjoy the benefit of having much bitcoin at the cheapest value too. Lets wait and see  ;D :D

Well, This is cool and exciting that I need to prepare a huge amount so that i could buy much bitcoins at the cheapest price for the first time in which i was longing for this to happen long time ago. So please sell your bitcoins now so that the dream will come true. I have experienced the hard ship of bitcoin for the past 2 to 3 months but it just happen that i don't have enough capital to purchase but i will ensure this time that i could be on board with them.  :o :o :D

Bitcoin is so risky because price high and it rise and up down with high number (sometime 500$ daily) so that many say it is only burn of money .

making money need to take rise so take your risk and invest in btc

LOL. As the OP has stated, he can't take it anymore. This is just last month. I'm felt sorry for him for not trusting and just hodling on bitcoin. The price of bitcoin is way above that $400 or even $4000. hahahaha.

And the big fall that he is saying ain't gonna happened or didn't happened. I think he had already sold his bitcoins already. He should come back to his thread and seeing some comments on it. Damn if he had sold it, for sure he is regretting his decision. He is one of the victim of Jamie Dimon's attack. Too weak that he just push the sell button.