Bitcoin Forum

As all of you know that the value dropped from a solid $11.5k to $9.5 recently. Could BitMex, the trading platform for bitcoin on other cryptos, where some users who had difficulty logging into its platform be one of the reasons for it? 

If they cannot log in then the value should be increasing for a lot of bitcoin is on hold.
I dont think that is the problem here.
It is fluctuating and a lot of altcoins are being pulled by it too.
$2k difference is not so new now. In fact, it is a low amount compared to what is lost just a month ago.

It's going to $6,500 again..... See my "Twitter page" below for other informations, price updates and events that will turn the markets ;D

I think you are referring to Binance. They already acknowledge hack, but its not a like the whole trading platform is hack. Some who is using some kind of bot have found some exploits. That's why they halted withdrawals to investigate and assess the damage.

Yes, the downtrend has something to do with this news. But they keep on updating its customers to control the damage. Unfortunately, there still another negative news about SEC announcing that exchanges must register with them. This has contributed to this bloodbath I supposed.

I think not, it's the people who are selling the bitcoin that's why its value is dropping today. If they can't log-in like what you have stated it means it's on hold right? No access = no transaction.

Part of the reason it always drops every time it seems to be going up is the day traders who take their profit when price rises and buy in again when price drops a bit.  Then other folk panic when they see the price going down and sell their Bitcoin so they don't lose too much money.  I think as long as the day traders are around it will affect the long term growth. 

People not being able to login will not result in decrease in the price. I have not come across any authentic news that could effect bitcoin price this bad. But I was reading a post here today and it was mentioned there that some person has sold 400 million worth bitcoins and is not finished yet. This might be the reason for increased supply and thus prices coming down. A lot of people will follow this or sell in panic if the news is true. I never thought that we will see such a price decline in such a short time again.

No one really knows what is going on and what is actually causing the drop for last 3 months!.

There are so many good news such as USA and Russia going easy on crypto. This itself should be enough to take it to Moon. But no!!  BTC price is just going down. If it increases 5% within few days it drops to 10%.

This is really strange and I am sure even the experts don't know what is going on and where BTC price heading..  $50k or $5k ???

Price has already recovered from that panic zone and soon we might get well over $12k. Actually there is huge resistance on $12k that's why price hover around $11.5k for few days before dropping to $9.5k as few trader got panic and sold their coins.

Some pull backs are good to build support so that those resistance can be broken down on next wave of surge.

I am not using bitmex but I think small login issues can't cause sudden panic in market.

Yes, he fell right now, of course, and just while there is such a buzz everyone buys bitcoin to then wait for growth. Although I think some will be skeptical about selling and selling it sooner so as not to lose anything

The currency exchange was temporarily suspended from all currencies, and the exchange was reluctant to compensate users for their losses.

These are the reasons why digital encryption money come in!

To overcome the $ 12,000 price, many investors and whales are needed. I think the entire Crypto market is still in a downtrend and it will probably take at least 1-2 months for the Cryptocurrency market to fully recover and Bitcoin prices are likely to rise sharply beyond 12,000. $ but I'm sure it will happen soon and now is a good time to buy Bitcoin because Bitcoin is at a very cheap $ 10,000

Only a fool will buy Bitcoin at $3,000 when you can lose all your money in Bitcoin. Look at the price of safest investments gold, silver, land etc.. You can get $5,000/acre land in many parts of the world.

it's true I'm also curious about what's going on, after a remarkable rise at the end of last year and impacts to date the prices continue to rise and fall very conspicuously.

I believe bitcoin will crash again. The overall trend is a bearish trend for me. This is part of the bitcoin price cycle, bitcoin will crash in the level where it will be really stable.
Maybe that time fewer and fewer people will still have trust in bitcoin and those people will be rewarded again when the price will peak again.

I won't be putting all the blame to this kind of situation wherein bitcoin's price will really fall down.
i guess its downfall today can be highly attributed to people selling their coins whenever they see a minor dip in the price.
they simply doesn't want to take the risk of it getting lower.

Difficulties in entering or login in,, have no and won’t have any effect on bitcoin price as exchange only holds the coin and not spending it.. Dropping 2000$ on a market price have many factors as it is accumulated reasons of simultaneous bad propaganda and hacking incidents that create panic to new users/investors that have inexperienced on the 2017 attacks..

We have seen larger falls in the past. $ 2,000 is fine. Bitcoin can overcome them in a few hours. I am sure that this decline is due to the desire to buy the whales coins for beginners. They are not accustomed to volatility and often sell their coins. But they have few coins so they can not affect the price of bitcoin. Very soon, the price of bitcoin will rise to $ 12,000.

I do not think such a thing would happen, because the possibility is very small to make the bitcoin price back to $ 2000 and I think if the bitcoin price will go down at least the bitcoin price reaches only $ 6000.

It could be. If they have trouble logging on then the trades they had on queue will be on hold for a long time. The effect of this is that they will be holding so much crypto whether it is bitcoin or any other tokens and that way of mass holding can greatly affect the price of bitcoin. I am sure that everything will be fine once the exchange site is fixed. They can move to other exchanges though but that will be irrelevant if they had already started their trade.

I think in isn't. Don't worry: keep calm and buy more bitcoins! It is preparing for growth up to 50000$ for one Bitcoin)You'll see!

The reason for this recent drop to my opinion is that people are selling off bitcoin (the short term traders) because they have seen some difference as gain from their investment. They are dumping and jumping out, grabbing some $4,000, $3,000 etc as gain.

"Bitcoin Price Forecast: Russia Finalizing Regulations by July, Bitcoin Future Looks Safe" - This News Headline from profitconfidential.
So Maybe Good things waiting for us. Please be quite and just forget for 2-3 months about crypto market.
Bitcoin may Down $5k-$6k, and again market will recover.

It has nothing to do with bitcoin price whether clients had difficulty in logging in because bitcoin price only fluctuates because of the supply and demand law on economics. Though some exchanges has more clients than the other they cannot even manipulate the pricing of bitcoin in the market.

I think the reason behind this price drop is Binance hack news but really the funds are safe only a few bitcoin might be hacked as oer the CEO of binance tweet.So now the price keeps recovering at the moment soon it will be back to $12K.

You're right, we just need to wait for that time and we know bitcoin value will increase at that moment and maybe at the end of the month bitcoin value will exceed at $20k. So don't panic about what is happening on bitcoin it is totally normal that we experience ups and down.
I don't think the hack of website of binance has nothing to do with bitcoin value as they stated "All funds are safe and no funds have been stolen".

As far as I know, there are two reasons for the price drop: 1. The attack on the BINANCE . 2. The Chinese government will step up its supervision of digital currencies on March 15, including restricting related bank accounts, limiting transactions Platform IP restrictions and other measures. Of course, these are just rumors.

So the main reason is just FUD so the price will rise again and in some exchanges the price are still high at the moment so it is good time for the arbitrage trading and I have earned some money by buying low and selling high.

This is the best time to invest in bitcoins. If you want to, you can invest in bitcoin at any time, and I don't think it's a very high price, but in the future it will be $100,000, and you can still get a lot of money in your investment.

Well as you can see the price of bitcoin is increasing almost 11k dollars though , and I think it's because the investors panic selling and resulting the price or the demand on the marketplace become unstable , so as the bitcoin. And don't worry bitcoin would not stock on just 6k dollars though or 2k usd?, bitcoin is still an unstable currency.

I was expecting such small ups and downs in this month as we are in the last phase of the correction process, traders waiting for slight growth are selling/liquidating their capital to grab this opportunity but I am expecting sustainable growth in the price after this month so there is nothing to worry about it in my honest opinion.

First of all, congratulations ！ And I think the price will rise after a long time;But  in the short term, the price will continue to shock, and may  be lower!!

I think the main reason is Binance news. It is big criptocurrency exchange and similar issues could be the reason of BTC dump. I advise to hold your coins without panic sell ;)

CCN Reports -
Bitcoin Dips Under $ 9,500 In short, Recovered Market as Binance Hack Denied
Yesterday, on March 8,
bitcoin prices had dropped below $ 9,500 for a while,
sparked by Binance's hack rumors, Japanese government penalties on local bourses,
and massive bitcoin sales by Mt. Gox trustee.

referring to the above report,
I think how speculation risk influences market emotions
even Pump campaigns by trader groups are often faced with deadlocks,
when betting in such "rumors" situations.

we may be uneasy for the future,
when someone it comes to dissatisfaction
with some parties and try to linking BTC
with a series of trials such as "darkpool games", "Hackers", Viruses, money laundering and terrorists.
so some countries began to take drastic action against the BTC.

to relate the difficulty of logging in to the exchange platform
as the cause of the BTC value drop is small below 3%,
following the individual experiencing, to me is not alot significant,
if the majority is calculated may involve 1 or 2 platforms from hundreds of existing exchange platform networks
or perhaps at 5 for every 100 individuals.
anyway this year BTC still under high presure between speculate vs emotion in market Scenario,
but I still believe BTC will broken its record in 2020 and make a new record at USD50K / BTC.

Indeed, the reduction in the price of bitcoins is connected with the news about the exchange of Binance. After bitkoya other crypto-currencies began to decline. It is desirable that the market is more quickly stabilized.

I don't think so. May be it is because of Binance issue or recent fud. I believe it will recover soon. Don't panic. Just hold tight.

The news of the 180k coins that the Mt Gox trustees still have to dump, might have influenced some investors decision to buy

now. They know, when these trustees dump these coins, the price will go down further and they also know the trustees are

dumping in batches. {6k coins, then 6k coins ..... and so on} So why are you going to buy expensive coins now, if you know the

price is going to go down lower? {The last batch was 18k coins}  ???

I do not think the bitcoin will fall so low, too much support to break before ...

That's really small volume from the trading platform like that. I mean it's small in front of the market cap that has recently dropped from the market. Just because people were not able to log in into this platform doesn't mean that it dropped the volume dramatically. I mean come on how many of them might have been putting lots of money on the trades which can support the 2k drop. I don't believe that there is only one reason for this drop but there are many. It could be corrections, it could temporary unavailable platforms like binance etc and much more.

well the 2k different for the drop of bitcoin is not something new and is nothing to worry about, a drop different worth more than this has happened earlier before now. with the users of bitcoin not being able to login into their platform/dashboard it will be of a good advantage to them because they might want to sell off the one which they have because of the fear of the fall... the price will fall but before this time next week it will definitely rice back to the price which it was earlier this wk ($11k)  

Bitcoin $9,800 now   ;D

the risk that bitcoin can bring and risk it about 2,000 usd.
Bitcoin's blockchain technology loses its appeal
The value of Bitcoin really lies in the blockchain technology. Over time, this technology is constantly being upgraded to increase security. This is a series of virtual currency in the world to compete with Bitcoin. Although Bitcoin still holds the upper hand, 150 new organizations around the world recently tested a new Blockchain version of Ethereum. This is a highly rated protocol that will change the game in the virtual currency world. So Bitcoin may lose its appeal in the near future.
My personal opinion!

One explanation is that the Mt Gox bankruptcy trustee is dumping a lot of BTC and BCH in the exchanges right now. According to available reports, the trustee is still in the possession of close to BTC168,000 and similar number of BCH.

I also agree with you, I think the same thing. it's those people who are always in panic when the price  of bitcoin drops a bit , they are selling their bitcoins for the reason that they are afraid that bitcoin will go down to its bottom in which I don't think it will.happen.

They were not hacked. First of all this was a different kind of hack, the actual hacking took place in last 2 months and targeted various users by phishing and stealing their login details after that they saved their APIs only to try use them yesterday to pump other coin and after that cash out their own coins, which they did not do because Binance had security measures in place which blocked these transactions to appear.

I think that there is no panic in the market. The price dropped because the Hackers stole the API keys of Binance accounts, and actively sold the assets of other users. I think the price will rise soon.

The recent drop we're experiencing is due to the dramas and issues revolving around the cryptosphere, same scenario as last year. Understanding the volatility of bitcoin, it is somehow discouraging to invest in a downtrend of BTC price, but if you will look at the bigger picture, for long term, it is a good opportunity to buy more BTC at a discounted price. Plan your entry point and look for signs of reversal.

That aint the problem here. If they're having difficulty to log in then it will not affect price of since the bitcoin is on hold. I really think that FUDs are always the main reason of the token dips however it also beneficial to the traders since we are able to buy cheap coins during dips.

I hope your right lol. I feel like if the price keeps going down then even some of the best holders will begin to sell which will set in even more panic tanking the price even more.

We always experience this kind of situation about bitcoin price drops. It could go even lower or this time will not so a lot of issues happen this time. A normal situation rather in bitcoin that fluctuations should expected. Yes a good chance to buy bitcoin because of the value goes down.

that's no panic ?? 

For me let's just wait for the perfect timing. We all know that Bitcoin still have some dips this early year but let's just hope and be patient for the price to rise up again. For you to be able to jump higher, you need to bend your knees. If the price drops, don't be discourage but instead take this opportunity to invest additional coins and then hold until you have reached the desired income. Just think that dips are normal in trading and this is our change to buy more Bitcoin and other crypto currencies.

Correct, but I don't know the timing is really bad. He could have waited a few more days before selling. I guess he needed to llquidate it today. Sadly the effect has rippled already and the market is now southside.

Maybe we may see bitcoin going at $8k. But I do think that there will be resistance at $7K and $6K that it will not go further below that price.

I think the reason for the slight downfall,  as I would call it,  is that fact there a lot of people who are selling their bitcoins because of panic. The panic sell because they believe the price of bitcoin could go worst than its current price and believe that they have to sell at the current price in order to avoid loss.
However, it's not advisable to panic sell during the dumps of bitcoin. It is certain that no matter how tragic the downfall maybe,  there is a high chance the price will skyrocket back even going beyond its previous price.

No it's not the reason why bitcoin is dropping. Many are taking their money and profits gone out to bitcoin and that's the reason why the price dropped dramatically. But there are also connection with exchanges when bitcoin is dropping and one of it is the recent news about Binance being hacked but it's all good again so we should expect that this drop will be ending up soon but there's no exact date or time when it will happen. The charts are still bloody but percentage went low.

Yes. Game Over. Look at 7 safest investments

I think btc will halt on 6k and than it will grow to 10k by the middle of the next month. And gonna keep its value of near about 10000 somewhat.
What ever the news is..it happened for a reason on purpose and every year this will happen.
Dont believe in cryptoes just take the opportunity out of it. Make the move at the right time.

Totally agreed. Hod the coins. Panic sell wont lead to any good. I will keep saying not to trust cryptos though. But one should understand the true potentiality of btc by relying on its record.

bitcoin discount 2k is not something so unexpected, look at the past that it has fallen 4k, 5k at the time the news is not good and I do not worry

Why shouldn't we trust crypto then we are investing on it? Why would you hold if you are not trusting it then?  You won't trust bitcoin then you'll say that it has the true potential.
Game over? What are you talking about? Elaborate these 7 safest investments.

Bitcoin has dropped 2k but it is not the lowest in 2018 . Remember that in the first week of February it was down 50% with a price tag at $ 6500 . With the SEC news ruling bitcoin is a commodity this is but natural  and some adjustments have to be made. So Chill out and let it flow.

i think that is not the reason. you will not know, if there are whales sell some of their bitcoin.
more over i heard a news about binance exchange hacked and dumped the bitcoin.
there are many factors.

I think the price plunging of Bitcoin has nothing to do with how easy it is for users to log in. If users can't log in, it means that they can't trade, so people's holdings will not change, and this will not affect the price of Bitcoin.

The price of bitcoin at the moment has made many people confused and anxious. My friends decided to sell all their bitcoins and accepted a $ 10k loss. There are a lot of very strong discount altcoins and the market is going down. I think this is the shark's trait, they make us anxious and sell all the altcoins at the present time. Any other comments? I would love to hear from you.

People are now beginning to look for reasons or alibis or excuses or whatever you want to call them of the huge value drop everyone is seeing these days. Some others are looking for the hardest FUD that caused the market to lose a huge chunk of its overall value. I don't think this is caused by some shallow FUDs though. I believe this is due to the governments taking the crypto case more seriously now. And a bit of correction from the bullish end of 2017. 

yes there is dropping of price and it is quiet big for me..but i have a big hope that it is only temporary...this happened few months back but it still regain to increase..and i think this dropping is due to panic selling of bitcoin and withdrawing of profit..

With the volatility of the crypto market we have seen drops and rise bigger than $2000 too often. 

For the price as of this writing we are at $8,800 and I was really surprise that we went down lower $9,000 i thought that it will hold. I really hope that we would not go lower than $8,000 because if we do I am pretty sure it will go back again to the $6,000 support area.

I am sure that this is just temporary and the price will increase back to the high price but if somehow the price really reaches $2k, I will make sure to buy a lot of bitcoin and hold it no matter how long it needs. but I am not sure that the price will drop to $2k and I am sure that many people in cryptocurrency will shock about this but we are in cryptocurrency which everything could happen and we can only follow if we like. just prepare our self for the worst thing that might be happening in the future.

Wait patiently. Don't panic. I'll tell you this is a good opportunity to buy. History is always surprisingly similar.

price of bitcoin is dropping because those who have bought bitcoin at 6000$ in last month are selling, (less demand more supply)

It is recovering now. Do not expect big fall downs. If it falls to 6500 than it will reveal a big dangerous bear market and we will wait for a long time for the prices to recover.

Last time also the price of bitcoin falls under $7000 but it was recovered very fast but we can't expect that to happen always and I am also don't think the price will fall to that level because already there is some upward movement in the price chart.

Recent Days bitcoin is dump again from 10k-8k but don't panic just keep hodl your bitcoin until the price is raise again.

bitmex is too small to cause this drop. It's just sheer speculation, we need to get used to it. Let's not sell our tokens and coins but hold it so it can grow. Or buy if weak hands leave

I think the matter is exchange platform
When the platform get an eror the program to exchange just stopped but bitcoin itself is still flow like usualy

yesterday it's 8k8 but now is 9k2  :P . heart disaster

This is nothing related to BitMex.
It's the FUD of the Mt.Gox. The mummy return.

Yes and No. Yes, because if the number of users on the platform were whales and found it to carry out transactions, they may well give a number of false reports. However, no singular exchange like Bitmex can be singularly responsible for the crash of the bitcoin price. Whales may be dumping stuff on an island off the coast of Japan.

https://www.youtube.com/watch?v=I36XXYBEUb0   explains a lot, also covers the Binance. Fear not the AI have it all under the control.

     umm.. Nope, I really do not think that this is the reason. Although I am not saying that it isn't a problem, I am saying that I do not think that the bitmex issue is the cause of these drops on prices. In fact, if that issue was even related to the prices of bitcoin, the prices would've increased more rather than decrease since the owners of bitcoins that use bitmex services would be forced to hold their bitcoins because they cannot sell them or trade them due to the inability to access their accounts.

One of the reasons why bitcoin price still go down is because of many people who are selling what they own because they are afraid that they could lose more if they try to hold onto it longer. In these past few weeks the price of bitcoin were stuck around $10k-11k and right now it goes down again probably more people have dump also their bitcoins for the same reason or they are not anymore expecting that it will bounce back higher.

While we are runnign the end of the week the bitcoin prices soar around 30%. People start worrying and a little bit panik as I feel from the forum this time. There is fear, uncertanity and doubt regarding the future of the crypto currencies. the starter of the chain reaction was he SEC has repeatedly said they are going to get involved in the crypto ecosystem.

Bitcoin has been under severe scrutiny and the exchanges are taking a lot of hit and it's irritating to see it down, I'm sure that in the coming months it'll be back up. All these exchanges news can't keep Bitcoins down for long just stay hold and they'll be back from down to up even before you realise it.

i don't see any post on your twitter about what you saying which is the price of bitcoin will fall in that value , just a nonsense post and not related on bitcoin.  Stop making false pal , instead make some good post if you want to earn merits.

This is not a valid reason in my opinion. Such people had always existed in the past as well and do not have much impact on the prices. Prices going down is actually an encouragement for new investors. Even the current investors can make a good use of this opportunity to increase their bitcoin holdings. However, I agree that we should still do something about the investors who panic to see sudden bitcoin price drops because they must be spreading their negative experiences with bitcoins to their family and friends.

Yes, he fell right now, of course, and just while there is such a buzz everyone buys bitcoin to then wait for growth. Although I think some will be skeptical about selling and selling it sooner so as not to lose anything

I think it does not affect the decline in bitcoin values today. the biggest thing can affect the value of bitcoin is spreading and volume.
 
I think the volume of bitcoin today is low. because many people are bored with bitcoin prices that are not rising and high. so they are looking for other altcoins to invest.

Dont be panic stop it . crypto market always volatile if you are a pro expert on this ground you grab a chance to invest in a cheap price. i dont think btc price going down 2k its impossible if that happen i will buy more and hodl for at least 3/4 years the i cash out my fund thats it

I don't know what happened for a few days, bitcoin has continued go down, the people around me are very panic, they are afraid of evaporation between their wealth overnight.
and since the end of last year in many countries to strict supervision of bitcoin and this will cause great pressure to those who are not holders of the firm.

A lot of coin are on coinmarketcap now. Even with that, the price is over $5,000. I'd say that Bitcoin is not broken.

While most of the global countries, governments, and major companies have started to implement Bitcoin into their system the Bitcoin is falling. We have all seen such correction phases when the outside factor connected with the Bitcoin was included. Exchange factor has something to do with the fall along with other things that are preventing it to get back to the 11500.
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If it falls a little bit more I will invest in it again!

I'm not sure what your opinion, I think the cost of bitcoin is controlled by whales in the crypto market. They have the power to decide all in the crypto market. So the price of bitcoin at $ 2k would never happen, the whale knows what it takes to make a profit. We are just small fish and we must follow the rules of the whales.  ;D

In bitcoin there is no fish and no whale. If it is rich investor or poor investor. Bitcoin is a community of people. And chance to became rich. Bitcoin cant in mood of dropping too much. And if it dropped it will catch more investor and go high as sky. We need to wait for bitcoin not to be discouraged or pained from the situation. We need to fight we need to stay strong.

Hardly people use bitmex. There's more to it. But eh, I don't see why you're complaining. The prices go up and down, how hard is it for anyone to understand? Fucking wait for the prices to go up like in April. First three months of the year is where most people sell. It's sort of a scientific tradition.

Even goldmansacs have predicted that bitcoin is gonna crash and might end up at $5k by end of this year.

If you consider such predictions then believe me you are ending up with death of bitocins as soon as possible. Bitcoins were developed in 2009 and till now they had so many dips and downfalls. See the last year’s performance, they have jumped to $21000 and then dropped to $7000 within one month, what you will say about it? Bitcoins have died? No, they are always going up and down.

Many analysts are trying to explain the causes of the fall of bitcoin. I think that bitmex is one of several reasons for falling to 9.5. However, there are a number of other reasons why this has become possible.

I think its quit impossible.Bitcoin current price is $9k+  there is no chance to it put down in $2k. Many time its price going very high and it down also $6k/$5k but its not going to$2k...

One reason why bitcoin value still go down is a result of numerous individuals who are offering what they claim since they are worried about the possibility that that they could lose increasingly on the off chance that they endeavor to clutch it longer. In these previous couple of weeks the cost of bitcoin were stuck around $9k-11k and at the present time it goes down again likely more individuals have dump likewise their bitcoins for a similar reason or they are not any longer expecting that it will bob back higher.

It's impossible

Although Bitcoin is falling, I do not think it will drop to $ 2k. Bitcoin's lowest fall in 2018 is just $ 6k. I think this bitcoin rebound is down to $ 7k and will go up again. The market today is rising slightly, this is a sign that Bitcoin is gradually recovering.

I think what means is binance which according to the news was hacked. It really affect the prices even if we say that the coins are on hold and they can't log in in a sense that it looks alarming to those holding bitcoin on the other trading sites that what if this trading site or that also get hacked? So some decided to sell their coins to make sure there coins would not be on hold to.

my prediction is that the price would go down to 5k within next 4-6 weeks and re-bounce from there.

may be possible.bitcoin price is now under the $6000 and etherum price is $350. what a brusting price is it.this reducing is continue bitcoin price will touch the $2k

Prices will always drop, you can't expect a bull market without having a bear market, prices can only go up after they've gone down. I need the prices to recover though.

In my opinion, behind the decline in bitcoin prices today, because of the many negative news about bitcoin, plus many investors, who panic with the news. They sell their assets, because the fear of bitcoin falls lower, and gets bigger losses.

It's really an alarming news for us those have saving and investment in this platform. But you have to take some risk regarding your saving and investment.
from my perspective, Bitcoin price will remain stable in the near future so don't get excited so much. If you are afraid of this situation then you have to withdraw your stock from this platform because afraid kills your investment...

I hope this is true, I waiting for this to happen. just waiting for the death cross to happen and see how the whales and institutional buyers will react. I'm currently holding USDT right now just waiting for the right time. It might happen tomorrow or day after tomorrow base on my observations  ;)

Which's clear is not just one, two things only that can affect it.. I think this tends to the news that affects a lot of people, lack of confidence as well as a passionate that considers it will be much more down, anyhow.. many new people are there who are not really close to bitcoin yet.
Actually there is nothing to worried about it if we really believe, the fluctuating of the prices can still provide a much better movement from now by another various thing that can affect it.

I think bitcoin will not drop that much low. Because it has many investor and miners. Those who are afraid of bitcoin current price they could withdraw their bitcoin. But I still reserve my bitcoin.

Since bitcoin is volatile, seeing a drop by 2k usd in a day is just a normal thing, if it had gone up another 2k usd, the reactions wilk be different, since bitcoin had capital gains then, but now its a loss, but come to think if it, more and more people are becoming aware of what bitcoin is today, and that there are other cryptocurrencies as well, there is no doubt that conglomerwtes will soon adapt the technology of bitcoin and bitcoin as well, since there seems to be no more hindrance in the growth of bitcoin, and exchanges closing down, seems to be a part of having the blockchain technology, but bitcoin will still be there, even if exchanges shuts down or just popping out like mushrooms.

The number of negative news certainly plays a big role in the decline in bitcoin prices, I hope all users can be patient and not panic, I'm sure this storm soon passed and we will see the price as last December.

Silver was $80/ounce in 1980, now it is $17/ounce. Now Bitcoin is just a speculative asset with no uses in factories etc.. Think where Bitcoin is going......

Now Bitcoin $6700. I am getting it right......  ;D

Yes, I also noticed it is very sad it's all, but you can still buy in any case, the price is still below average.

Maybe bitcoin need prays now. Some of my friends was convincing that bitcoin will be dead in next year, I just left them a move away since i don't believe such things nor i like those guys who are against bitcoins and talking negative. But after watching the drop i start accepting what my friends was saying. Seriously if bitcoin drop contentiously i will sell my all coins. Its hard to believe but let see what happens in future . ???

How surprising that bitcoin has fallen from $20,000 to $6,900 in the past three months, which many believe will lead to the death of bitcoin. But if you look at the history of bitcoin, you'll see that it's normal, and it happens a lot.

The history of bitcoin has not had a similar price drop at the moment. Bitcoins have fallen by more than 65% compared to the end of 2018. That's a huge number and we're very confused about that.
Should I withdraw from bitcoin? If I withdraw from bitcoin at the moment I will lose more than 6k $. Please give me an advise.

Bitcoin was $5,950 yesterday. Tomorrow is the day. Sell now..

5k$ soon unfortunately..

Right now, Bitcoin is more like a rubber band you stretch it more it comes back to you more harder. In the same way the more dip we see in bitcoin the more force it exerts to rise again. Currently whales are playing with the market by selling on large scale, creating FUD in market. People should not fall in this trap and hold their coins for much longer.

possibly for reasons of entry because bitcoin prices are now very down to $ 2K
but did not rule out unable to get into the platform

I don't trust the crypto exchange sites, some of them are silent scam sites waiting for the right moment to announce fake site hacks. 
To avoid saying good bye to your precious BTCs, save it to trezor wallets.

If BTC will really drop to 2k,  expect some exchange sites scams.

It is normal and it will be boom soon for what I have learnt from the past few months is just the optimism about Bitcoin. A wise investor will just focus on when to buy and when to sell. Its price will go high soon it is my trust on it as we have noticed that it has been going with these fluctuations since its inception.

Don't panic, you should choose to be calm. In two months ago, I use the unit price of $16000 to buy the two COINS, currency price is $6900 now, I have already lost nearly $14000, but I have no way to recover my loss, I can do is to choose to wait

I think the possibilities for the price to drop is very small. even if it did dropped, the amount would be very less.

I think soon there will be a major purchase. Someone wants to enter the market cheaply

And now we can see that the price has dropped down to $6,800 USD. To be honest, there is no one to blame it (expect those shitty regulations that are taking place to take down crypto currencies by the government). The nature of the crypto currency is something we have no control over (but can somewhat tune it) and thus have to deal with the price drops.

Decreasing of price in the market is just for the meantime because the market will soon go back to its normal price. Investing a huge a mount of price in this time is good because it will make you earn more profit when market goes back to normal.

The bitcoine rate after reaching a record high of $ 11,377 thousand on November 29 fell by more than $ 2,000 by the evening, dropping to $ 9,290,000, according to data from the Coindesk exchange.

Its new historical maximum ($ 11,377 thousand), the most popular crypto currency in the world, was fixed on November 29 at about 14:15. However, after that, bitcoin became cheaper and by about 7:40 pm it was worth $ 9,290 thousand, having lost a total of more than $ 2 thousand.

According to the data at 01:30, bitcoin again traded above $ 10 thousand.

The cost of bitcoin has increased more than tenfold since the beginning of the year. This week bitkoin twice updated its historical highs, first taking the line of $ 10 thousand, and then in $ 11 thousand.

Experts also associate the growth of the rate of this crypto currency with expectations of the fast launch of futures, and with the inflow of new investments to the market. On Wednesday, The Wall Street Journal reported with reference to its sources that the US stock exchange NASDAQ plans to start trading bitcoin futures. According to the publication, this should happen in the first half of next year. Prior to this, Chicago's CME Group and Cboe Global Markets announced plans to start trading bitcoin futures.

in terms of technical analysis later this month to be a very fierce gamble for zone support area, and yesterday zone support has been crashed low towards the price area $ 5600 - $ 6000 I assume that bitcoin prices will go to the price to determine the future trend bet whether to go back up or pullback, or low will re-break.

but from the previous analysis low prices have never terbreak or still fresh, this means most likely to pullback in the area is very large.

There is no death for bitcoin, holds the coin for some time and see what the price would be, i really think this is a cooling period after all the rally it had. Right now the price is going down in the past two days and it went down $7k and i hope it could rise again.

Think you are wrong. its do not possible. Try do not panik and wait. Think in one-two month merket price will stabilize and BTC price will increase. Be patiend

The Bamboo Curtain State authorities will step up their efforts in restricting the virtual currency exchange platform, especially those involving parties outside of China.

Outside china really? Many Chinese are already closed and most top exchange in terms of volume is not from China anymore. This somehow irrelevant for this matter. This subject might result to another FUD so be careful on posting any opinions here so that we can help BTC to recover again.

Surely that's not the reason and I highly doubt that it do so. Also,from its highest market value last year,its price actually fell more than 59%already for some unknown reasons. But those who invested that are currently losing profit are not really losing, if they are not selling. The amount of Bitcoin that they've purchased will remain the same if they won't spend it. Patience is just needed. Wait until the increase happen in order for you to gain the profit or atleast, your capital.

Bitcoin has dropped something to 2,000$ over a short period of time only but overall, it falls down from 20,000$ last year to 6,000$ this month but there's nothing to worry since bitcoin will always comes back.

When bitcoin drops for a short period of time as you can see the market will always tends to recover. So many reason's why it happens bad news is always their. Even the current position falls I can sense price will go back to rise.

Rising will occur soon, after all this messy news that bring bitcoins fall, we should believe that when it recovers, it will really be a huge come back. Bitcoin still have more to prove and it will soon to be known more.

For me the holiday season last year especially the christmas season has a big effect on bitcoin price. If we recall in late 2017 in month of october to early january 2018 bitcoin had it's all time high. So for me it has a big chance that bitcoin will repeat what it did late last 2017 to this year. Just be possitive :).

don't worry, the price will recover and make another highest price, just be patient and soon you can make a lot of profit. we are almost in the middle of the year and I think everything will change and who knows the price will increase higher and bitcoin will reach more people to use. but I don't know if the price is dropped too far and reaches $2k, I think there will be mass panic from the people and the crypto world will be crash and the other coin will go crash too.

The failure of a single exchange no longer causes a 20% or 25% crash in the exchange rates. We are no longer living in 2013, when there were just two major exchanges (BTC-e and Mt Gox). There are hundreds of major exchanges now, and even if one of them goes down, it will not have much of an impact on the exchange rate.

I don't think it would ever happen. Minimum decreasing in bitcoin is $6000 per btc. You should remember one think bitcoin can't grow every day and every night there's should be a time for bitcoin to fall . Its still a mother of all crypto and it will rise up to 20,000$. Instead of making such topics you should visit to local bitcoin and exchange some bitcoin. Its right time to buy and not for scaring people.

I am literally not worried about the decreases in the values of bitcoin at all because there is no point of crying over something that is not going to happen. Bitcoin is damn going to increase in values and that would be the time when bitcoin is going to give a shut up call to the haters. People who are in competition with bitcoin are trying to make bitcoin supporters panic and let market suffer more.

we only need to stay calm and not panic like other people in out there and waiting for the price to increase back. but if somehow the price is dropped too far and it reaches $2k, then many people which a weak hand will sell their bitcoin without thinking that the price can increase again. and if the price can bounce up to a higher price, then I am sure that the weak hand will be crying because they make a big mistake to sell their bitcoin and they cannot wait for the price.

I suppose the situation will be changed. I do not know how much time will pass but I believe that Bitcoin price will not only recover but it will surprise us with its great hits.

Nope that’s not entirely the reason why Bitcoin dropped its price. And I don’t think it will drop to $2k either and certainly not hoping it’d reach that amount. But I did read some articles and topics stating Bitcon might reach $3k this year if it will reach the $5,800 mark. Don’t know if that’s true but if that would be the case then I’d definitely just skip this year for Bitcoin and hold them more longer.

It didn't happened today, it happened yesterday.

I'll have to quote this post and look on what's the price now. Just for few weeks bitcoin has increased more than $2,000 in terms of its price. We have to wait for another increase and let's hope that this isn't temporary nor a trap.

The reasons for the ups and downs are not entirely clear, it really may be true that someone super whale manipulating the course to buy cheaper creates a negative news background.

today bitcoin price incraese again
very imposible if bitcoin price down until 2k dollar, only crash and very bad news can bitcoin down to 2k dollar

This is another negative nay sayers of bitcoin that imposes fear to many investors. This is too much drag to the pit..prediction such as this is are for sure has been gone and sold out all ready today. That is good, because bitcoin is not for naysayers and disbelievers. Bitcoin is for achievers and patient individuals.

Youre right but i dont think it will drop down deep as to that. Many were speculating worst and not seeing the positive movements. In the past weeks eveb with all this negativity bitcoin stayed afloat and show increase on the contrary of what they are stating. In fact yesterday it surpasses my expectation of reaching ang 8k value in the market even with the attacts that it faces world wide. This is a clear message that many investors and people are opening their eyes into the relevance and positive impacts of bitcoin in the society. We must continue to support and believe in bitcoin because this situation is clear point that bitcoin is the next big thing.

Yes bitcoin price increase again and I don't think it will go down to $2k. Let's hope for the best on bitcoin price since these are our reason's to hold on to have profit. Many factors affecting price but as observation today it will increse.

Its imposible for bitcoin to drop so much , ok , not imposible but its a little likely for him to drop at such a lower value . At least not now , maybe he will drop at that value but its gonna take a lot of time , years .

If you have already specifically answered on this issue, then you should analyze the entire year 2017. Practical for this year we saw the growth of Bitcoin from $ 1,000 to $ 20,000. Practically this is already my hobbies For such a short period.

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I believe there will be no stable price for bitcoin. The over all market of bitcoin is volatile unpredictible and no can say for sure if the price will drop or will rise. But i do not believe that it will drop to 2k price not now that it has gain popularity over the world and new investors are playing.

Actually the thread deals with the variation of 2000$ from 11,000$ to 9000$ and not bitcoin price will move to 2000$.
Now the price of bitcoin is started to raise again.So don't worry about the small fluctuation in bitcoin.Use both the raise and fall in the price of bitcoin.The trading principal is to buy at low and sell at high price.Use this principal to avoid loss in trading.

I find it very interesting to see similarities between the new Marinecoín .MTC. Project and project QUASAR.The same bitcointalk forum ID is the same developer that has rebooted the .MTC. project. He has developed a new .MTC. block explorer as stated above. The new reboot has a Coin creation system that shares similarities to ethereum smart contracts. He is only keeping 1% of the total marinecoín supply, 95% or more of the supply is being fairly distributed through an artificial intelligence powered proof of promotion bounty airdrop campaign. .MTC. wallet can operate on a raspberry pie, is built for machine to machine AI payments and has near instantaneous transaction speeds. Bruce_Wayne has also created the guardianship program, which will be released following ICO completion. This allows for the dev-less concept, the program allows for everyday users to be able to develop on the network. In project QUASAR he claims to not have enough time to maintain a mining pool nor have much time. Through the proof of promotion fair distribution model, this also answers those questions about QUASAR. Through the use of a variable hashing rate/blockchain diff and unprofitable mining, this eliminates the need for miner’s on .MTC..All this coming from the same mind that thought of project QUASAR, hmmm. Maybe the new .MTC. reboot IS project QUASAR? Do your own research and find out: Marineco.in/icoThe .MTC. community has a draft ’white-ish paper’ they are calling, that they put together based off of conversations with bruce_wayne. Hop in discord and ask for a link.

Bitcoin price increase or decrease 2K$ in a short time is no longer a surprise but it won't drop to 2k$/1BTC(that was a real shock). Now it has overcome the first months of this year and people's hope for a good future is coming back.

Small investors definitely fell the fear of losing their investment due to a big fall in the price 11 or 12 k drop is a very big fall in the price. 2018 till date is not a good year for bitcoin because the investors have lost their money. Besides 2017 was very good for bitcoin and people have made a lot of money in the previous year. May it rise again in the future.

We saw that some months ago the price reached about 19k dollars which was the highest price in the past 9 years of bitcoin. Now you are right that 2k is not a big fall because already the price has dropped almost 12k in the past few months. So we should not be panic about this fall and it may regain its value in the coming months. We should wait for some time.

I think that the best way is to initially study Me and so the project that it represents. It is from this that you can recognize a promising project or not worth your attention.

Bitcoin is the best crypto ever , he is the king of the market at the moment , maybe its gonna be dethroned by a coin in the future . Anyway , bitcoin will not reach 2000k $ this year or the next year becouse hes price is to big to fall down so much. His value is already started to grow up and its gonna remai like this , he will go up and reach maybe more then 20k $ , but he is ddfinetly reach 15k $ by the end of this year.

bitcoin still increase and decrease at this moment and I think it will like this in this months and I think the price will increase more than $15k in the next month. we almost break $9k and I think it will happen in the next weeks so we can have a chance to increase the higher price but we still need careful if there are any bad news in out there, the price will be down again.

It will be impossible i guess because when the bitcoin reaches at 5000$ there are so many investors that are invested in bitcoin and they are waiting for the value like that. Also the price of bitcoin in 2000$ will be sure not last long.

For this year does not seem to be the price of $ 2000, this year the price will reach more than $ 40k, I will sell all the bitcoin I have when the price has dropped below $ 5000.

This is impossible. Never down

It's ok for me if bitcoin will drop by 2,000$ because i am used to it already. Imagine how deep it goes when bitcoin had reached the 20,000$ mark last year only to see it plunges down to 6,000$ mark this year? But despite all of that, i am still positive that bitcoin will break its silence and surpass its highest market price last year.

For me, it is not fine, if the price will dropped by $2k many new investors will go panic and would possibly withdraw their investment which will eventually could lead to possible loss at the price, so we don't need to let that happens, so for pro bitcoin we should do our part not to let that.

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when bitcoin prices have dropped below $ 3000, I think there will be panic, and maybe a lot of people will sell the bitcoin they have. but, some may use it to buy large amounts of bitcoin, it will be very profitable when the price goes up to $ 5000 or more. but for now, I do not think it will happen.

Although Bitcoin is falling, I do not think it will drop to $ 2k. Bitcoin's lowest fall in 2018 is just $ 6k. I think this bitcoin rebound is down to $ 9k and will go up again. The market today is rising slightly, this is a sign that Bitcoin is gradually recovering.

For me let's just wait for the perfect timing. We all know that Bitcoin still have some dips this early year but let's just hope and be patient for the price to rise up again. For you to be able to jump higher, you need to bend your knees.

Bitcoin -$800 today. Looks like another drop of -$2,000 today

I just realized there are people who say things worse than this guy https://bitcointalk.org/index.php?topic=4452243.0  ::)

this is nonsense, bitcoin prices will not go down that far.
are you still going to stay in this forum when bitcoin price drops to $ 2k price?

no one expects it like that, but we just have to be prepared if it happens. although it's an opportunity to buy lots of bitcoins, but we also need to see an opportunity to sell the bitcoin we had before it happened. but, I think the bitcoin price will still go up beyond the $ 8k price.

Total market capitalization is at 320 billion dollars at the moment. The market cap has declined by 120 billipn dollars over the past 30 days, constituting a value loss of about 26 percent, I would call that a bad month.
I thought price will slowly recover, but new dip was around the corner waiting for us. Where will be the bottom of this drop I can't say, maybe we will see 5000 dollars again, it's hard to discus about what will whales do next, continue with sell off, or they will change tactic. I believe its just some manipulation with price, nothing bad happened, on a contrary there are some good news this days, and price is going down.
People should hold tight to bitcoin in this troubled days, shorting now is for people with insider informations, selling now and buying on 5k again sounds like a good idea, but price can surprise us and jump up.

I have also see this line of market behavior in stocks, forex,  bonds and cryptocurrencies market and I think the world economic is in serious recession.  Bitcoin dropping by $2,000 in the next three months is going to push it price to $1,000.

This is normal in the cryptomarket once the price starts to increase means before that the price starts to decrease. Likewise hereafter the price starts to increase thats why now it faces lot of dumps. Take this is an opportunity to buy more bitcoins now and hold the coins for future. Once the price reach its high value at that time you can sell and gain more profit. This is the way we can see bitcoin as a good investment.

In August 2018, Bitcoin fell from $8200 to $6200

The thread creator seems to have left the forum, he probably went bankrupt during this time. ;D We know bitcoin up or down in huge amplitude, not surprisingly for only $2,000.

Yes you are right, it will never decrease to $2k dollars because people are still going to invest even more in the future and cryptocurrency will have a bright future.

It was normal for the market price to drop since it was a bullish market today and bitmex issue could be also the reason why bitcoins slightly decrease so keep on holding your coins and wait for the price to pop up again before selling your coins in the market.

But the reasons for the ups and downs are not entirely clear, it really may be true that someone super whale manipulating the course to buy cheaper creates a negative news background.

Bitcoin price dump more the price. When you started this topic and the price decreased more 40 percent . I suggest to everyone to buy more bitcoin and keep holding more because if you sell your bitcoin you lose money. No have choice so you can wait the price up again.

It was the perfect timing today to invest a huge amount due to a huge price drop since most of the people are expecting for the price of bitcoins to reach $50k dollars before the year ends.

But those who invested that are currently losing profit are not really losing, if they are not selling. The amount of Bitcoin that they've purchased will remain the same if they won't spend it. Patience is just needed.
Wait until the increase happen in order for you to gain the profit or atleast, your capital.

If we could recall bitcoin price at the start,  we can see that price today is too far from it.  If those time people are investing it and keep on their wallet, maybe some of them are millionaire now.  A huge development of crypto market is just because of btc and it will continue to move as people keep supporting on it.

You're right OP that's one of them. At that time authorities in China reportedly planned to block domestic access to Chinese and foreign virtual currency platforms which allowed centralized trading. The regulator will also target individuals and companies that provide centralized trade-related services. And since then the value of bitcoin has declined gradually.

well, I prefer people who think positively about this price development, but of course it doesn't rule out the possibility that the price of bitcoin is under $ 5k, or even $ 2k. well, but I still hope that the price of bitcoin in the future will be higher.