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[jacktheking]

We was at 260 yesterday and suddenly around six PM (GMT+8) the price drop to 250 range. Just a while back, it was 240 and not it is 230.

Will we continue to fall? Or there will be a sudden rise? I personally dont think Bitcoin will drop back to 100 again. Just my personal thought, nothing else.

It might come back to 260 sometime later this week. Again.. just a personal thought. I'm not a predictor..

[1715419422]

1715419422

[NeuroticFish]

Lately BTC price seems to fluctuate between 230 and 280 /approx.
If it falls under 215 then it getz scary. Now, it's in the limits yet.

[Xiaoxiao]

Lately BTC price seems to fluctuate between 230 and 280 /approx.
If it falls under 215 then it getz scary. Now, it's in the limits yet.

I'd say there is a better chance that it falls below 200.  Most trendlines have been broken.

[Amph]

i see nice profit for whom sold at 260, i should've shorted also, i didn't know it could crash in this way

[randy8777]

i think the bottom is at $200 and won't go below that. smart traders can make a decent profit these days.
it's a nice opportunity to buy some extra coins at current price.

[innocent93]

i see nice profit for whom sold at 260, i should've shorted also, i didn't know it could crush in this way

I sold some at 266$ and 282$, but honestly I didn't know this crash became big, I thought it was a 10 or 20 dollars correction, anyways I'm confused about what we're going now.

[POM]

I bought about a dozen at 260. pretty sad right now.

[jacktheking]

i see nice profit for whom sold at 260, i should've shorted also, i didn't know it could crush in this way

I sold some at 266$ and 282$, but honestly I didn't know this crash became big, I thought it was a 10 or 20 dollars correction, anyways I'm confused about what we're going now.

I bought about a dozen at 260. pretty sad right now.

Dont worry, Bitcoin is getting more and more popular everyday. This mean that Bitcoin wont staty at 230 for long. It will reach 300 pretty soon.

[POM]

i see nice profit for whom sold at 260, i should've shorted also, i didn't know it could crush in this way

I sold some at 266$ and 282$, but honestly I didn't know this crash became big, I thought it was a 10 or 20 dollars correction, anyways I'm confused about what we're going now.

I bought about a dozen at 260. pretty sad right now.

Dont worry, Bitcoin is getting more and more popular everyday. This mean that Bitcoin wont staty at 230 for long. It will reach 300 pretty soon.

$300 is all i ask  fingers crossed

[jacktheking]

i see nice profit for whom sold at 260, i should've shorted also, i didn't know it could crush in this way

I sold some at 266$ and 282$, but honestly I didn't know this crash became big, I thought it was a 10 or 20 dollars correction, anyways I'm confused about what we're going now.

I bought about a dozen at 260. pretty sad right now.

Dont worry, Bitcoin is getting more and more popular everyday. This mean that Bitcoin wont staty at 230 for long. It will reach 300 pretty soon.

$300 is all i ask  fingers crossed

Nah.. $1000 before 2016 is what I ask..

[waterpile]

I bought about a dozen at 260. pretty sad right now.

I know what it feels. Just wait for sometime maybe it will go back to 260 again..

[NeuroticFish]

I bought about a dozen at 260. pretty sad right now.

I know what it feels. Just wait for sometime maybe it will go back to 260 again..

Just imagine how they feel the ones that bought at 6-700$...
You have a good chance to sell on profit soon, if the trend of past 2 months is kept.

[2btc]

I try not to concern myself too much with the price as it always dissapoints me but I don't get how it can fall so much in a short period of time. It never makes sense. I was happy for it to go back up to around 200GBP a week ago but now it is at 160.

[Hazir]

That latest price drop was caused by hacking of that small china altcoin exchange market. Hackers did not steal much ( something like 15 BTC total) but I fear that human mentality and domino effect caused this drop. There is nothing to worry about as soon bitcoin will resume its way to $300 threshold.

[Amph]

That latest price drop was caused by hacking of that small china altcoin exchange market. Hackers did not steal much ( something like 15 BTC total) but I fear that human mentality and domino effect caused this drop. There is nothing to worry about as soon bitcoin will resume its way to $300 threshold.

i doubt 15 btc can drop the price by $50, must be something else, some whales got nervous and dumped something on multiple exchange, right now it's whales war i believe

[Q7]

Well if only I knew the answer to that question. I expected the price to cross 300 level but it just fell unexpectedly and now looks like it is still on the downtrend. But one thing I always told myself is to buy when opportunity comes at the right price and continue to hold on to it long term. I expect things will change in years to come but definitely not now.

[ThatDGuy]

That latest price drop was caused by hacking of that small china altcoin exchange market. Hackers did not steal much ( something like 15 BTC total) but I fear that human mentality and domino effect caused this drop. There is nothing to worry about as soon bitcoin will resume its way to $300 threshold.

I'm thinking they stole more than 15 BTC...

[BillyBobZorton]

We need real people, tons of them getting in Bitcoin, it's the only way to stop the whales playing around with their big stacks of BTC manipulating the price. The more volume the harder for them it will be.

[redsn0w]

We was at 260 yesterday and suddenly around six PM (GMT+8) the price drop to 250 range. Just a while back, it was 240 and not it is 230.

Will we continue to fall? Or there will be a sudden rise? I personally dont think Bitcoin will drop back to 100 again. Just my personal thought, nothing else.

It might come back to 260 sometime later this week. Again.. just a personal thought. I'm not a predictor..

It is normal, if the whales don't buy the price will go down .... we name it pump & dump (P&D). Don't worry when all the speculation will end the price will be more stationary and we can't start use bitcoin as "currency" : Money as a Means of Payment.

Here more information about that phrase : https://critiqueofcrisistheory.wordpress.com/money-as-a-means-of-payment/

[mrhelpful]

We need real people, tons of them getting in Bitcoin, it's the only way to stop the whales playing around with their big stacks of BTC manipulating the price. The more volume the harder for them it will be.

Yeah, but how do you execute that? I mean you notice recent huge events like Twitch allowing bitcoin being used as a tipping service.

And still there is no price volume increase or anything. As for the btc whales manipulating the price, yeah at a certain extent but the price can be done by its operator alone.

If you want a huge significant change, you need everyone to drop what they are currently using now and say its way better because "blah blah" and you save 30% in fees or something to worth mention about.