f*ki bitcoin price is dropping day by day.. is it me only loosing serious money?

[Alaki]

will it ever stop dropping

Yep, it'll for sure (halving is near), I'd guess

should i just cash out everything I have before loosing all my money?

I'd say have a habit of holding your coins & have some forbearance.

ppl say it will drop to $350 lol..

Neh, Bitcoin prices goes beyond(opposite way) people's speculation (mostly) you know.

i hope it's gonna die soon..

This' been said(posted) thousand times here AFAIK.

[ahpku]

...
The government won't erase this shit from the Earth, simply because it cannot be erased.

Like the mad cow disease, shit's even immune to ionizing radiation. Gets right past your blood-brain barrier and eats holes in your brain.
Also got a half life of, like, a million years.

There is no-one they can arrest.

Well, there's always, you know... *YOU*.
Yeah, child porn doesn't have a Chief Pornographer to arrest/central point of failure either, and yet...

RIP your investment.

EDIT: Don't mean to be rude with the post. Just kind of tired with posts similar to these and was a bit annoyed.

EDIT: Don't mean to be rude with the post. Just kind of tired with posts similar to these and was a bit annoyed.

[Denker]

f*kin bitcoin.... I'm loosing thousands of £s just bec of the floating rate.. the f*ck is happening ?
will it ever stop dropping or should i just cash out everything I have before loosing all my money?

Seems you're not that long in Bitcoinland my friend.
Therefore I welcome you to the rollercoaster!
My advice: Get used to it because it will swing up and down for several more years.
I don't know what your investment plan is, but if it is to stay in Bitcoin for a longer time I wouldn't cash out now when you're already in a loss.
And please do yourself a favour and only invest what you can afford to lose.Greed and looking a for a quick buck is the wrong adviser most of the time.

[BitconAssociation]

< >
And please do yourself a favour and only invest what you can afford to lose.

And since he seems pretty emotional, he clearly invested more than he could afford to lose. In other words, he should sell BTC now, so that he wouldn't be overinvested.
Am I reading you right?

[TastyChillySauce00]

f*kin bitcoin.... I'm loosing thousands of £s just bec of the floating rate.. the f*ck is happening ?
will it ever stop dropping or should i just cash out everything I have before loosing all my money?

dude bitcoin is fluctuative and this price dropping is very usual, just look back few months ago when bitcoin price at $1000 and then going down fastly and touch $200 at the end,this price stable for about a month and go up again till it reach $500,so i can sure the bitcoin price will increase soon,just wait for it

[LMGTFY]

f*kin bitcoin.... I'm loosing thousands of £s just bec of the floating rate.. the f*ck is happening ?
will it ever stop dropping or should i just cash out everything I have before loosing all my money?

A couple of weeks back you were wanting advice on safely storing a large amount of BTC. I take it you have >= £15k in BTC, and you're worried about the GBP/USD rate falling over the past few days? This is pretty standard when you hold any currency other than your usual one - people earning in USD and spending in GBP (e.g. working in New York, paying mortgage on house in England) face this every time the exchange rate changes. Pairs of currencies (like USD and GBP, or GBP and BTC) experience price moves all the time, and the volatility of BTC against USD isn't that far away from the volatility of the Euro against USD (~2% and ~1%, respectively).

I can't help with your current situation, beyond saying it's an expensive lesson in carrying out adequate due diligence before making an investment! However, if you're ever in this situation again, with any currency, there are ways to "hedge" to protect yourself against exchange rate fluctuations. If you're a hands-on type investor, check out "options" (in the Bitcoin world there's Coinut and Quedex); if not your bank or IFA should be able to help (it'll be more expensive, obviously, because they'll take a commission).

OK, I can possibly help with your current situation. Ride it out! It's highly unlikely that a few days' down means "never go up again" - yes, it will stop dropping. Alternatively, if you really can't sleep at night - sell BTC until you reach the point where you're not worried. And never invest more than you can afford to lose - the loss of sleep isn't worth any possible gain.

[talkbitcoin]

once again bitcoin price went down and once again bitcoin obituaries were published.

i wonder how many we are up to now?!

[LMGTFY]

once again bitcoin price went down and once again bitcoin obituaries were published.

i wonder how many we are up to now?!

"Bitcoin has died 95 times"!

[Denker]

once again bitcoin price went down and once again bitcoin obituaries were published.

i wonder how many we are up to now?!

"Bitcoin has died 95 times"!

Hehe!
That is so crazy.
I'm pretty sure we will make the 100 this year!

[rienelber]

(in the Bitcoin world there's Coinut and Quedex)

Thanks a lot for this, I've been looking for a derivative crypto market for a while now, and hadn't found a trusted one yet.

gonna short some ETH, this madness just can't last long.

cheers

[BitconAssociation]

Wow. Bitcoin sub $400, ETH +23% today.

It's like the world's rubbing our noses in it

[LMGTFY]

(in the Bitcoin world there's Coinut and Quedex)

Thanks a lot for this, I've been looking for a derivative crypto market for a while now, and hadn't found a trusted one yet.

gonna short some ETH, this madness just can't last long.

cheers

No problem! I believe OKCoin and possibly a few other "regular" exchanges do futures, if that's of interest? Vanilla options just seems limited to Coinut for now, unless Quedex has finally moved off testnet. At least one poster here has offered OTC options trades in the past, as well.

Good luck with that short!

[LightPulsar07]

no it's not dying you see bitcoin price is rising from 200usd in 2015 to 400+usd in 2016 and i will prevail due to upcoming halving the reward.

[BTCLovingDude]

i think one of the reasons for the recent drop is the ETH massive pump, that market is attracting more and more investment, the money that is being pulled out of bitcoin temporarily

so that money is going to come back with profit and be invested in bitcoin once again hence pushing it up higher this time.

[onlinedragon]

Just wait an period an the price will rise again. Bitcoin price is all the time going up and down maybe you want to fast to much.

[hasiramasenju]

f*kin bitcoin.... I'm loosing thousands of £s just bec of the floating rate.. the f*ck is happening ?
will it ever stop dropping or should i just cash out everything I have before loosing all my money?

actually I also do not want this happen too but unfortunately i'm not able to stop the prices going down seems this week is bad idea to hold my bitcoin because prices back to $400 below currently

[john2231]

why don't you try to dont spent it and wait again for the price increase and sell it so there's nothing to lose.. Or wait for halving ends so that you can make more profit..

[quadriple7]

Well yes bitcoin isin't stable, maybe you are just very unlucky with buying/selling them, others are hapy with bitcoin price now, and going up more, just wait month and keep eye on prices, to unseratand it

[cooldgamer]

I gave up on keeping my crypto money in Bitcoin, it's just too volatile to have any decent amount in and not get random swings of price.

IMO you're better off keeping it in a bank with a debit card where you can buy from Circle instantly when you want to have some coin for something or think the price is going to go up.  

[Sourgummies]

Obvious troll is obvious

Obvious troll spreading negative price allegations in order to drop the price more for bearish views. I hope that the majority of bitcoin investors do not expect this small decline to dip down any lower. Look at the past couples months. It's been going up and down and up and down in the same fashion. There's going to be another rise once the block size is implemented.