Is this price scaring anyone ?

[jeffthebaker]

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.

This is simply not the case. A trader made a large "poop and scoop" on bitfinex last night, leading to the flash crash and subsequent rebounds. However, the volatility caused some panic sells,allowing the price to drop. The debate may have induced some of the panic, but it is not the cause.

[Kanapka]

after price touching 170 this year, I'm kind of imune to fear caused by dumps and fud

[MF Doom]

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.

it is scary, actually its unnerving too.  I think the fact that now we've seen how fragile btc price is people will be very cautious about buying and holding for any period of time.

no this isn't the first time this has happened, but the whole sell sell sell at the drop of a hat thing is kind of getting old.

Will BTC recover its public image?  I dont know, but if I'm a retailer, I'm staying the heck away...

[rjclarke2000]

The price drops fast but don't forget it's a two way thing. It could increase rapidly too.

When it finally increases there won't be much warning and if you aren't holding btc at that point there will be some crying bears.

[8up]

The most of us seem to have forgotten, when to buy. Currently there is enormous uncertainty in the market. That is great, if you have the balls to invest now.

If a solution for the conflict is found say "goodbuye" to the current prices.
If no solution is found it means we are either forking or we are not. In the first case many early adopters will sell their stash resulting in really cheap prices, which is good in the long run because it favors broader distribution! In the second case nothing will happen.

Be greedy/bullish when others are fearful. Nvertheless have some cash ready, if some early adopters like Mpex are going to sell-off their bitcoins. -> Very bullish sign!!!

[willope]

The most of us seem to have forgotten, when to buy. Currently there is enormous uncertainty in the market. That is great, if you have the balls to invest now.

If a solution for the conflict is found say "goodbuye" to the current prices.
If no solution is found it means we are either forking or we are not. In the first case many early adopters will sell their stash resulting in really cheap prices, which is good in the long run because it favors broader distribution! In the second case nothing will happen.

Be greedy/bullish when others are fearful. Nvertheless have some cash ready, if some early adopters like Mpex are going to sell-off their bitcoins. -> Very bullish sign!!!

Oh yeah! When there's blood in the streets.... remember!

[BitcoinAddicts]

I am not afraid of this market manipulation... it was manipulated in November 2013, it is manipulated today and it will be manipulated again in the future because BTC market has no liquidity: it's easy for speculators to cause drastic changes in the BTC price.

[gentlemand]

I'm not scared. Just bored.

[zeraTunerse]

This was all due to Lazy FUD XT , hope bitcoin will take a dip to minimum of 200$ and will then again hike up with proud , leaving all nasty haters.
Today the last or second last day of Minima.

[galbros]

The price drop leads me to think that the XT fork is hurting the coin.  However, I appreciate that it might just have been a margin call, that would be great.

I don't get why two guys, who have to have a lot of bitcoin, are pushing this fork so hard and dropping the value of their bitcons so dramatically.  Two weeks ago we were knocking on the door of 300 USD, now I agree, looks like below 200 is very possible.

I'm holding my coins, but for the first time am really debating the wisdom of doing so.

[ROT13]

Is the price scaring anyone?

why would it? surely we can all grasp that the people with the power to manipulate the market to get cheap coins also want to manipulate it up sell those same coins for as high a price as possible at some future stage

[Dilla]

Someone using the "uncertainty" of the fork as reason to dump, just as Greece was a reason to pump. Gemini will be here soon and the price will be going up. Manipulation is big right now. It will decrease when market cap gets bigger most likely, unless they orchestrate together.

It will all be ok. Price will go up leading to the halving, this just probably a attempt to dump the price one last time before it takes off.
Final despair.

[mrhelpful]

I feel the real scare will come once we actually get to the bitcoin split.

Or the transfer times of people knowings whats going on with the btc xt process. traditional wallet owners not online ones will see a difference in speed but not sure how much it`ll weigh in to effect price.

[ralle14]

why get scared lol i always think that the price is always changing for the better in the future
just hope for the best
i will get scared when bitcoins price is less than a dollar
which is most likely not to happen anyways

[talkbitcoin]

not yet, but if it continues this way, it will scare me.

[tadakaluri]

The reasons for this crash appear to point to margin trades that occurred on the major Bitcoin exchange Bitfinex and not the controversy rising from the Bitcoin fork.

[ausbit]

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

I thought that a member with PM if you wanna make some money as his personal text would know what is happening with the BTC price, especially since we are at such a critical point in time for bitcoin.  

If you had of researched this for 1 second you would have found your answer instead of starting a new thread.
There should be a Search bar at the top right of your screen- Use it!

[Chef Ramsay]

The price drops fast but don't forget it's a two way thing. It could increase rapidly too.

When it finally increases there won't be much warning and if you aren't holding btc at that point there will be some crying bears.

Wiser words were never spoken. When the real bull market takes off after the tepid have tasted and sold, there'll be sad faces all around but many happy bulls. Bitcoin only rewards those that have taken a major blow to their usd value of this coin and then moves on up into the clouds. So, if you don't have a stomach lining made of steel in these parts, be tough or just sell to whoever will buy you out. Or, if you're a troll, just sell out and leave at this point.

[luciann]

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.

I guess most people see it to not scale so well.

Hence why people did sell off, unless the bitcoin xt serves the scale part since it process or helps more transaction if speed is the real issue.

[btccashacc]

No im stll holding my bitcoin