Is this price scaring anyone ?

[nonbody]

i am slightly shaken, what exactly is causing this price drop? is it normal?
i wont be dumping but i am still interested as to why we are experiencing a drop

[LiteCoinGuy]

[zeroday]

It was margin call on bitfinex.
Boys and girls who played with leverage just got busted and lost their money.

On Bitstamp, where leverage is not allowed, price dropped just to $221 and then went up to $230+ shortly. It's only 13% move.

[BillyBobZorton]

It was margin call on bitfinex.
Boys and girls who played with leverage just got busted and lost their money.

On Bitstamp, where leverage is not allowed, price dropped just to $221 and then went up to $230+ shortly. It's only 13% move.

The whole fork thing must be having an impact for sure too. Lots of people that don't know whats going on (which is in fact the majority of people out there) instantly think of a doomsday scenario whenever something happens within the Bitcoin world.

[RustyNomad]

I think we might see a dip below $200 before heading up again.

Placed some buy orders on $196, $185 and $170.

Not sure what has the market spooked like this but I'm sure the price will recover again, if not this week maybe the next or even a couple after that. I'm in it for the long run so will buy a bit on the dips and see where this goes.  

[ummina]

okey... as we know if the price is not stability..
this is risks with BTC, we daring to join here, we should during to encounter with anything risks will be happen..
but, never give up, and stay trying if want to succes. just enjoyed, high or down the price, its okey.
cause this is real fact we should to face.

[seedtrue]

It used to be that way, thanks in part to Mark and his shenanigans on MtGox. Now it has been more of a relaxing steady decline with a few little small climbs.

I am not losing faith in bitcoin, but it is hard to keep getting beat down for so long.

[xhoneyael]

price drop when there lot who sell bitcoin..
but if you have some faith in bitcoin
the more important right now is how many can you get until the price get higher

[countryfree]

I don't care at all about the price. That doesn't matter. The real issue is with the future of BTC, and its scalability. What is going to happen is the number of transactions grow ten-fold? This is the real problem.

[maokoto]

I don't care at all about the price. That doesn't matter. The real issue is with the future of BTC, and its scalability. What is going to happen is the number of transactions grow ten-fold? This is the real problem.

And that, I think, is what many have perceived, have sold, and have brought the price down.

The blocksize and XT debate is huge, and that has to be reflected in price.

[erikalui]

I'm not scared as I just sold my bitcoins yesterday when the price was $250-$260. The price has reached $220 almost and it has come back to the amount it was at 2 months back and it will again increase. I wonder when it will get above $300 now as since months it's stuck on $200-$300.

[ticoti]

Why scare?

We have been in 2XX the whole year,and even 1XX, that was just a flash dump and produced that price,it will go up again

[Alley]

Bitcoin is really 5-10 years away from being mainstream imo.  Buy coins now and put them in cold storage and forget about day to day price swings or you will go gray.  Now if price doesn't get a bump around the halving I will be a little concerned.

[brokenchair]

not the price, it is the events surrounding the price that are scary.  Some will say manipulation....no shit, but its seems rather convenient timing considering the xt garbage.

Plus the fed rate stuff today, not sure how relevant but i'm willing to bet a hike will cause a further drop, and that the xt drop isn't over yet on top of it.

[not altcoin hitler]

i am slightly shaken, what exactly is causing this price drop? is it normal?
i wont be dumping but i am still interested as to why we are experiencing a drop

Where do you guys live? In the bushes? It's on television, "bitcoin at risk of split"

Gavincoin, nodewar, hardfork, hostile takeover, bloated blockchain, etc.

The blocksize war is scaring investors away.

It's looking rather not so good for the upcoming months or years. Coud well fork in two chains, then what? People don't take that risk.
I say double digits by years end. Recovery will be slow.
Trust is hard to win and easy to loose. Thank Gavin for that shit, he ruined it pretty much with his childish behaviour. He needs to go, maybe then we can recover.

[ajrah]

no i'm not scared
i have a good feeling Bitcoin price will increase and back to it previous floor price at 280

[Pathi]

Grrrrr,

This Friday is my normal time to buy. It seems like I never get to catch one of these dips.

[mskryxz]

Not scared here just another normal day!

[nonbody]

Not scared here just another normal day!

ive never seen the price drop below 200 $ will the low priced sell orders just be soaked up by people with a strong hand

[OgNasty]

The only thing scary about the current price is how easily the market can be manipulated.  The big wall street boys will have a field day if this market isn't secured before trading goes live.  I assume that's why the Winkiis are currently onboarding institutional customers before launching their exchange and ETF.