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lexuz
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August 19, 2015, 04:31:45 PM |
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I woke up and was shock to see the price of BITCOIN fell very sharply, what happened?
current price $237
Just got online, price at $236 with a 20% increase today, it was a rough night... yeah like nightmare  lol there will be a decrease in price again tonight ? I dont know look like price will crash again but i hope is will not happen. Will see price want to go up or down. |
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Bitcoin addresses contain a checksum, so it is very unlikely that mistyping an address will cause you to lose money.
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cjrosero
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August 19, 2015, 05:36:34 PM |
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they say it will be stable. and some people say it will increase due to half block reward.
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Jorge320
Newbie
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Activity: 42
Merit: 0
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August 19, 2015, 06:04:07 PM |
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Whales are out and some bigger accounts have follow'ed suit, anybody have any idea if we've seen the worst of it yet? Is XT any closer to 75% adoption?
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coinzat
Sr. Member
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Activity: 434
Merit: 250
Young but I'm not that bold
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August 19, 2015, 06:14:41 PM |
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The price has declined for more than week so a lot of people sold their bitcoin to stop their losing
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Kaneki
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August 19, 2015, 06:21:46 PM |
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we can only hope this nightmare soon end and back as before  |
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novadragon
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Activity: 98
Merit: 10
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August 20, 2015, 02:56:35 PM |
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I think it's only temporary,, hope  |
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aakashsangwan
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August 20, 2015, 05:46:28 PM |
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This fall in price is due to large scale panic selling and some small scale smart buying.
Bitcoin XT should go away as it is going to destroy the bitcoin and the idea of decentralization behind it.
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SimpleIn
Member
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Activity: 84
Merit: 10
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August 20, 2015, 08:09:08 PM |
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I woke up and was shock to see the price of BITCOIN fell very sharply, what happened?
current price $237
Many people have made a lot of money on this! |
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Mickeyb
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August 20, 2015, 08:57:53 PM |
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Well people, do not expect the price will be stable until all of this situation with the XT fork and bigger block size doesn't get resolved. We may also see more of the panicky sells as the one that happened yesterday. I guess we will have to remain patient and carry this situation out since I see that everyone are quite nervous about the current situation in the Bitcoin community.
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Sumerian
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August 20, 2015, 09:00:38 PM |
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The launch of Bitcoin XT is the very reason why the price went down, more than 10% of the network shifted from btc to btc xt in under 72 hours, causing crash. The btc xt is growing to be a separate currency now and I think there are more cons to it than the pro, its effect on market s pretty negative. It increases the 1mb blocks to 8mb blocks for more capacity, being the very reason why btc software doesn't support it making it an individual currency.
You mean to say now bitcoins don't have any future? Need to sell and shift to bitcoin XT? I mean to say that ofcourse, the capacity needed to be expanded but the division of two separate entities is killing the authenticity of the currency, I think the Btc XT project should be modified or killed asap, it is not benefiting the community on a micro level, and I believe bitcoins do have a future, and I will never sell and shift to anything else, to hell with the XT bullshit. btc all the way. and why many are selling their bitcoin, so bitcoin price to go down, that means many are beginning to be afraid to use bitcoin, and switch pro xt ? They're called weak hands  . |
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tommorisonwebdesign
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August 20, 2015, 10:24:51 PM |
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The launch of Bitcoin XT is the very reason why the price went down, more than 10% of the network shifted from btc to btc xt in under 72 hours, causing crash. The btc xt is growing to be a separate currency now and I think there are more cons to it than the pro, its effect on market s pretty negative. It increases the 1mb blocks to 8mb blocks for more capacity, being the very reason why btc software doesn't support it making it an individual currency.
You mean to say now bitcoins don't have any future? Need to sell and shift to bitcoin XT? I mean to say that ofcourse, the capacity needed to be expanded but the division of two separate entities is killing the authenticity of the currency, I think the Btc XT project should be modified or killed asap, it is not benefiting the community on a micro level, and I believe bitcoins do have a future, and I will never sell and shift to anything else, to hell with the XT bullshit. btc all the way. and why many are selling their bitcoin, so bitcoin price to go down, that means many are beginning to be afraid to use bitcoin, and switch pro xt ? They're called weak hands . There are some switching over to XT. I personally am going to stick to Bitcoin Core and hope this fork dies. We already saw what effect it had on the price. |
Signatures? How about learning a skill... I don't care either way. Everybody has to make a living somehow.
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Yoga4
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August 21, 2015, 07:10:02 AM |
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Ugh so here comes the struggle again. Months to get back to the $300 range, then a slow decline, and the the big boom. Just sky rockets down so fast lol.
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randy8777
Legendary
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Activity: 896
Merit: 1000
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August 21, 2015, 07:56:10 AM |
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Ugh so here comes the struggle again. Months to get back to the $300 range, then a slow decline, and the the big boom. Just sky rockets down so fast lol.
it takes months to build up a certain price level, and just a day to make all the hard work vanish. we need to have patience and hopefully we're not going down much more than this. |
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ralle14
Legendary
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Activity: 3178
Merit: 1876
Metawin.com
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August 21, 2015, 09:47:29 AM |
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dem struggle is real to pull back up that price to 300$ tho
but prices go down in an instant XD
maybe gravity is pulling the price down XD
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Borisz
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August 21, 2015, 11:05:07 AM |
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Slow uptred seems to emerge. Still testing a trading bot of mine, so far it worked OK and now it said buy in. Although sudden drops are pretty hard to predict.
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Digit-0
Full Member
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Activity: 199
Merit: 100
in the end, you only find the beginning
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August 21, 2015, 11:11:21 AM |
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Bitcoin XT and associated FUD happened.
exactly, im sure that we are giving a bad image, i mean with all those discussion about core vs xt and you know, people fall in panic so faster and easy, maybet thats not the only one reason, but I'm sure it has influenced. |
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Kprawn
Legendary
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Activity: 1904
Merit: 1073
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August 21, 2015, 12:01:09 PM |
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My advice.... Buy cheap Core Bitcoins while you can. When all of this bounce back, we will see a significant increase in the price. Bitcoin Core have been very resilient over the years, and have bounced back through worst problems than this. {MtGox / Silkroad / BitLicense .....} I am putting all my eggs into one "Core" basket. I back them up with some extra node support for Core. Let's not count our XT chickens before they have hatched.  |
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Denker
Legendary
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Activity: 1442
Merit: 1014
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August 21, 2015, 12:04:44 PM |
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Price going up and down that much is nothing new in Bitcoin country. For new people here that might feel horribly in the beginning. But after a while you get used to it. So don't worry. Price will have better times in the future. But last and this year is not easy after the last mega bubble Bitcon had. Furthermore the actual dispute we're having (Blocksize increase or not) doesn't make it better. Patience and loooong breath is needed to see a constantly rising chart. |
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ridery99
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August 21, 2015, 12:47:22 PM |
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yes the price went very down but it will go more down just wait  |
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aakashsangwan
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August 21, 2015, 12:54:04 PM |
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yes the price went very down but it will go more down just wait If Bitcoin XT gets more than 75% acceptance by the network then yes Bitcoin prices will touch the ground and maybe go under it. Bitcoin XT makes the double spending of coins mined before it possible, so it is gonna destroy Bitcoin. |
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