Oops Price is 425$ Now...

[bearex]

Damn, i thought it would stop at 425, but it keeps dropping. If it drops below 405 i will also sell it, better be safe.

[tyz]

Can not understand the panic. The Bitcoin price is stable in a range between $410 and $430 since a couple of days. It is very solid in my opinion.
Do not forget: There are holidays in many countries which use and trade Bitcoin at most.

[morantis]

Nothing strange is going to happen for at least thirty days.  Relax, this is a normal flux of spending and trading.

[CoinBoerse.com]

Well I believe we are going to see around $800 mid 2016 its very possible.

[Hugroll]

Well I believe we are going to see around $800 mid 2016 its very possible.

hmm idk about that price, even though the halfing is gonna happen next year no one can really predict an estimate of the new new stable price is going to be, i agree its going to go up but i dont think as much as 800.

[helloeverybody]

Think in going to have to predict a new price of around 460 for January.  500 would be nice but going by current trends I would say 460 is more of a safe bet.

[cellard]

If and when we pass the 400 mark it's time to sell. I expect something to happen in the next few days.
The same as how it happened on christmas day.
Just people selling out, all of a sudden.

Yeah you can sell so it starts going up again and you are left with fiat in your hand looking like a moron.. no thanks.
There's no way to know what will happen if it goes to 400, it may go to 390 and start going up. It's a mistake to be left behind with fiat in your hand, but not to lose money in ups and downs temporarily as you hold in BTC.

[btcprospecter]

I think the price is always going to fluctuate. As much as I wish this was a few years back so I could of bought loads of Bitcoin I can't see the value sliding much more.

[1Referee]

Damn, i thought it would stop at 425, but it keeps dropping. If it drops below 405 i will also sell it, better be safe.

Why on earth would anyone sell and take a loss.... i just never get it. What ever happens to BTC against USD does not matter, you still own your Bitcoins, just wait they will go up again, if they dont its the end of bitcoin which i think is highly unlikely.

Me personally.... Im buying

These people aren't traders. These kind of people just invest to make a quick buck out of Bitcoin. At least, that's their plan. They get in panic once they see the price is falling down. They will sell to prevent a bigger loss. That's quite a dumb thing to do since you can easily hold your coins for a month and see the price go back up again. No loss, and you'll even end up having a profit. Don't risk buying back at higher levels. Just relax and hold.

[mixan]

If and when we pass the 400 mark it's time to sell. I expect something to happen in the next few days.
The same as how it happened on christmas day.
Just people selling out, all of a sudden.

Those are smart words that I will give recommendation to do for so many if they don't have their bitcoins tied up in anything that is high yielding.
Investments are the way to go went the going is tough like it is now for the price.
Sell high and this seems to be it for a while.

[Decoded]

Bitcoin is just like every other currency or asset. It rises and falls, maybe on a bigger scale and magnitude.

Don't worry. All this drop is is an opportunity to buy more. It will go back up again, dont worry, you'll see.

If you want to sell, you're not a trader. You'll know that s thing like bitcoin will always recovery.

[mixan]

Sure it will recover but the question is when. That is the key to know when to start trading again.
It has been 425 for the last 3 days now and the holidays has not helped it change much.
I and a lot of other would like to know when it will change as we all know it changes with good news in the market. Bring on the good news already.

[jaysabi]

Damn, i thought it would stop at 425, but it keeps dropping. If it drops below 405 i will also sell it, better be safe.

Why on earth would anyone sell and take a loss.... i just never get it. What ever happens to BTC against USD does not matter, you still own your Bitcoins, just wait they will go up again, if they dont its the end of bitcoin which i think is highly unlikely.

Me personally.... Im buying

These people aren't traders. These kind of people just invest to make a quick buck out of Bitcoin. At least, that's their plan. They get in panic once they see the price is falling down. They will sell to prevent a bigger loss. That's quite a dumb thing to do since you can easily hold your coins for a month and see the price go back up again. No loss, and you'll even end up having a profit. Don't risk buying back at higher levels. Just relax and hold.

This view relies on the fallacy that what goes down has to come back up, or that high water marks will always be seen again. It just doesn't work that way. There is risk in continuing to hold bitcoin, and people need to recognize that. Bitcoin is not guaranteed to rise. Nothing is.

[target]

it stabilized. that's just it. it may not go beyond 450 before the mid next year. i doubt some big whale once again will manipulates its price.
420 is enough to lure investors and i guess they've proved their point.

[Emersonnets]

.. And the value went up again. That's just the way the bitcoin market works I guess. You can't bring something up without it going down first.
I believe bitcoin is able to reach $450 again at least by the end of the month.

[mobnepal]

.. And the value went up again. That's just the way the bitcoin market works I guess. You can't bring something up without it going down first.
I believe bitcoin is able to reach $450 again at least by the end of the month.

These are just normal market moves and if this doen't happen i don't think bitcoin will gain popularity like it have these days. Bitcoin is interesting because of its volatility. However some manipulation is making newbie to get afraid looking at the price dump and pump.

[Bitcoin_Delivery]

Damn, i thought it would stop at 425, but it keeps dropping. If it drops below 405 i will also sell it, better be safe.

Instead if the price continue dropping i'm thinking to buy others BTC, i think the price will bost up in future and with the forthcoming halving so better have more coins when the value is higher 

[calkob]

Damn, i thought it would stop at 425, but it keeps dropping. If it drops below 405 i will also sell it, better be safe.

why not just wait till it goes up again? what do you mean by being safe?

[ivanst776]

Damn, i thought it would stop at 425, but it keeps dropping. If it drops below 405 i will also sell it, better be safe.

why not just wait till it goes up again? what do you mean by being safe?

Bitcoin price can't stop at $425 as calkob said, and it is not dropping.
Only today the bitcoin price has been increased for 0.71% which is around +3 USD

[Blamsud]

The price is $360 now. It has dropped a lot recently. Is there a specific reason for the big price drop?