Bitcoin Forum

Bitcoin is going down...Bitcoin is collapsing...it is time to get out of Bitcoin to save our money. I am sure this must be the feeling of the many who dumped their Bitcoin as the big dip is going on right now. Well, who wanted to lose one's money...it is just natural to feel some self-preservation pressure this time of the year when Bitcoin is spiraling like a lost airplane.

I am a firm believer in Bitcoin and that what goes down will also go up after...do you still believe in Bitcoin despite its ongoing problems like the clogging and the ridiculously high transaction fees?

Please raise your hands for Bitcoin!!

Correction need to happen.
Many fear that this might happen but every time near Christmas price goes down, but this time price went huge down. Think its not over and price could come up little more but after new year we could see some bigger improvement in price, bitcoin is far from over yet and bitcoin will continue to go up no setback anymore.

This has happened several times this year, bitcoin drops and takes the whole crypto market with it. Everytime it
looses 30% it would gain 70% back in the next 7 days. (Rough Estimates, but the numbers are there)

This time around im not so sure we will see such a dramatic rise back to old highs unfortunately. This was a massive sell off!

I can't really seem to find a solid explanation why though, maybe its because of the holidays?

Putting on my tin foil hat.....I can't help but speculate that these re-occuring market wide dumps seem coordinated, as if there
are a couple of groups that all seem to sell off together in massive amounts. Then slowly re-enter the market when the time is right.

But anyone that is a true believer should be holding and buying more on these dips, but I wouldnt go ham with everything.

I agree with the post above that it's probably not over, we could see sub 10k bitcoin very easily before the new year. Maybe not
another rally until mid/late january. Good luck out there everyone.

HODL BABY!!!
Hang on tight, keep your hands, feet and arms inside the compartment at all times, and don't look down!!!!!

(if you can't handle the excitement then please get off the rollercoaster at this time)


WOOOHOOOOOOOO!!!!!!!!!!!!!!!!!!!!!!!!

I raise my hands despite of of some problems that exist now.

Seems that bitcoin price fall is over and price rise has started. I am really happy due to that correction because everyone will see bitcoin power. It's impossible that bitcoin price doesn't rise again. Soon every one will know it and it makes bitcoin more popular and more promising.

I'm fine with this, no panic from my side. Situations like this already happened in the past and Bitcoin came back even stronger than before. Every time BTC start losing value people say it's because transactions fees and that people will start using Bitcoin Cash or any other Crypto-Currency and all that I see all the time is Bitcoin recovering its strength and bringing even more investors to Crypto-Currency world.

Newbies are the ones to panic during correction period because they are afraid since from day one. They are afraid of losing all their money overnight. Don't worry bitcoin will soon recover because we have come a long way to reach where we are today.

Although some people consider the current downfall in the price of bitcoin as panic selling, but i think that these the new investors who do not know about  bitcoin nature. To me i personally very much confident and do not feel any panic and that is the reason that i am still holding my bitcoin very confidently, I think that the correction will over very soon and bitcoin will pick his track again. we need to remain as calm specially the long term investors because there is no as such bad news about bitcoin and hope that bitcoin price will continue increasing its price for a long time and possible very soon we see the price trading above 50000$ on board.

I have the same confidence. Bitcoin will stabilize and go back to it's stable growth.  :)

BITCOIN is going up. And we will raise together with Bitcoin.  ;D
No seriously, this is such a great opportunity to buy even more.

It isn't anywere up now is gonna hit 1200 soon

My bitcoin still hodl in my wallet. Just don't need to be fear and panic, correction is large because the price is high.

lost of people have felt very scared about the crash, and we could see that in the evolution charts. But like I saw a guy quoting warren buffet, a true investors that really knows about what he is investing in, will be very happy when the market crashes a little because ITS A GOOD TIME TO INVEST AND BUY WHAT YOU CAN.

Believe or go home. Compare this to the dot com bubble. This is only the beginning

Haha and you think a VALUE investor like Warren Buffet is buying bitcoin, a virtual coin that comes with extremely high transaction fees and is totally unsuitable as payment system ? LOL. The only reason to buy bitcoin is because it always went up in the past. In fact I just looked it up, he said:

"It doesn't make sense. This thing is not regulated. It's not under control. It's not under the supervision [of] any...United States Federal Reserve or any other central bank. I don't believe in this whole thing at all. I think it's going to implode."

https://www.forbes.com/sites/johnwasik/2017/11/06/why-buffett-sees-bitcoin-bubble/#56bbc86462a8

Well to think that there's no bad news recently but bitcoin and alts are in downhill, won't you think that the whales are just playing around and  manipulated the crash and will take profit later on? Well it's not far to happen as we all know how the big whales always behave and how greedy they are. So don't panic or else you'll just giving away your money to them and make them more rich.

Yesterday when we had a truly unforgettable day, many people were lost in the wave during this fluctuation. We started a little better on Saturday morning, but I think the most important thing is this week. We will experience a sudden price change this week.

BTC has become useless for daily transactions or buying things,
this cause many people turned into BC due to the low fee transactions in huge amounts.

No panic yet - you gonna see panic when people who (took loans and) bought at 15-18+ k see BTC dropping below 10k!

Of course I can feel panic. When things go wrong as planned and nothing can be done. But I try to fight with panic. For example, through meditation.

All this thread is funny when you realize that bitcoin hasn't crashed just like the OP said.

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How many threads like this we are going to see during this year? or by next year? Maybe thousands just like they were during this year.

Came on OP, what do you have to say to us right now? Has the price crashed just like you said?
I guess that it did not!

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Bitcoin wont crash for now, so stop creating this kind of threads to create panic in here

There should be less panic every dip. The weak hands are getting burned and hopefully tell the other people looking for a quick BTC buck to stay away as well...

Every panic Bitcoin get s distributed more evenly... the effects will diminish.
Pump & dump and Market Manipulations will get harder and harder.