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lumeire
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June 23, 2016, 04:53:56 AM
 #61

That is hilarious to see how quickly it is going down like it went up, i think it is normal and we are at price correction phase so after this another bubble will happen soon.

It was to be expected. The price has been this irregular for years, traders have coped up, they knew what's coming. Probably a lot of newcomer speculators are now on a panic selling spree.

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fearlesscat10
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June 23, 2016, 06:33:24 AM
 #62

That is hilarious to see how quickly it is going down like it went up, i think it is normal and we are at price correction phase so after this another bubble will happen soon.

It was to be expected. The price has been this irregular for years, traders have coped up, they knew what's coming. Probably a lot of newcomer speculators are now on a panic selling spree.

While others are on a panic buying spree haha! I do wonder when the price will stop dropping though. I bought at $770 and now I regret it. It's a good thing that throughout my time with bitcoin, I've learned to control my emotions when trading and just shrug those things off sometimes.

But things are definitely getting interesting with this year's halving. Good luck to us all, I guess.

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June 23, 2016, 06:40:40 AM
 #63

That is hilarious to see how quickly it is going down like it went up, i think it is normal and we are at price correction phase so after this another bubble will happen soon.

It was to be expected. The price has been this irregular for years, traders have coped up, they knew what's coming. Probably a lot of newcomer speculators are now on a panic selling spree.

While others are on a panic buying spree haha! I do wonder when the price will stop dropping though. I bought at $770 and now I regret it. It's a good thing that throughout my time with bitcoin, I've learned to control my emotions when trading and just shrug those things off sometimes.

But things are definitely getting interesting with this year's halving. Good luck to us all, I guess.

Just keep holding your coins as that is the best thing to do. You only lose money when you sell. If you have some free to spend money left, then you can buy at these prices to get the average price of your coins down.
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June 23, 2016, 07:26:06 AM
 #64

That is hilarious to see how quickly it is going down like it went up, i think it is normal and we are at price correction phase so after this another bubble will happen soon.

It was to be expected. The price has been this irregular for years, traders have coped up, they knew what's coming. Probably a lot of newcomer speculators are now on a panic selling spree.

While others are on a panic buying spree haha! I do wonder when the price will stop dropping though. I bought at $770 and now I regret it. It's a good thing that throughout my time with bitcoin, I've learned to control my emotions when trading and just shrug those things off sometimes.

But things are definitely getting interesting with this year's halving. Good luck to us all, I guess.

Just keep holding your coins as that is the best thing to do. You only lose money when you sell. If you have some free to spend money left, then you can buy at these prices to get the average price of your coins down.

Yeah if you have spare money then you can buy some bitcoins now, as price has really gone down so, its better to buy and hold those coins for the halving.
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June 23, 2016, 08:28:14 AM
 #65

Its better to buy this time than to sell your bitcoin it will be rise again no worry the halving is not yet starting.



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Doms
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June 23, 2016, 08:50:02 AM
 #66

These are actually exciting times. When the price reached $800, I was thinking of buying some thinking that it could go even higher. But I eventually decided to just wait and see what the next price action will be. And now, we are at $590, and I was able to buy a few at $560. Lucky for me that I didn't buy when we were touching the sky.
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June 23, 2016, 08:50:39 AM
 #67

That is hilarious to see how quickly it is going down like it went up, i think it is normal and we are at price correction phase so after this another bubble will happen soon.

It was to be expected. The price has been this irregular for years, traders have coped up, they knew what's coming. Probably a lot of newcomer speculators are now on a panic selling spree.

While others are on a panic buying spree haha! I do wonder when the price will stop dropping though. I bought at $770 and now I regret it. It's a good thing that throughout my time with bitcoin, I've learned to control my emotions when trading and just shrug those things off sometimes.

But things are definitely getting interesting with this year's halving. Good luck to us all, I guess.

Just keep holding your coins as that is the best thing to do. You only lose money when you sell. If you have some free to spend money left, then you can buy at these prices to get the average price of your coins down.

Yeah if you have spare money then you can buy some bitcoins now, as price has really gone down so, its better to buy and hold those coins for the halving.

Yeah, but it looks like it's stabilized around $590? It went to $570 for a while then it bounced back up to $590. Maybe that was the crash and we'll be stable / going up from here until halving.

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June 23, 2016, 08:53:34 AM
 #68

Well, some people are suggesting that it has something to do with Brexit, and it could be exactly that.

I would actually like to see the bitcoin price being stable at around $600 though. That should be a fair price since the miners are still going to make a decent profit off their machines after halving.
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June 23, 2016, 08:54:22 AM
 #69

That is hilarious to see how quickly it is going down like it went up, i think it is normal and we are at price correction phase so after this another bubble will happen soon.

It was to be expected. The price has been this irregular for years, traders have coped up, they knew what's coming. Probably a lot of newcomer speculators are now on a panic selling spree.

While others are on a panic buying spree haha! I do wonder when the price will stop dropping though. I bought at $770 and now I regret it. It's a good thing that throughout my time with bitcoin, I've learned to control my emotions when trading and just shrug those things off sometimes.

But things are definitely getting interesting with this year's halving. Good luck to us all, I guess.

Just keep holding your coins as that is the best thing to do. You only lose money when you sell. If you have some free to spend money left, then you can buy at these prices to get the average price of your coins down.

Yeah if you have spare money then you can buy some bitcoins now, as price has really gone down so, its better to buy and hold those coins for the halving.

Yeah, but it looks like it's stabilized around $590? It went to $570 for a while then it bounced back up to $590. Maybe that was the crash and we'll be stable / going up from here until halving.

Yeah good to see price slowly moving up now, and lets hope it keeps on moving higher in coming days, as majority of people are holding their coins to see higher price at the halving.


 
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June 23, 2016, 10:37:57 PM
 #70

These are actually exciting times. When the price reached $800, I was thinking of buying some thinking that it could go even higher. But I eventually decided to just wait and see what the next price action will be. And now, we are at $590, and I was able to buy a few at $560. Lucky for me that I didn't buy when we were touching the sky.

That's riding the waves, BTC-Style!
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June 24, 2016, 05:26:16 AM
 #71

aaaand bitcoin has gained $120 in one day starting from 23 June, i am just wondering why nobody makes any topic about the big rises and only ducks make comment about the fall Smiley
http://www.coindesk.com/price/#2016-06-23,2016-06-24,close,bpi,USD

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
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June 24, 2016, 10:43:48 AM
 #72

aaaand bitcoin has gained $120 in one day starting from 23 June, i am just wondering why nobody makes any topic about the big rises and only ducks make comment about the fall Smiley
http://www.coindesk.com/price/#2016-06-23,2016-06-24,close,bpi,USD

It's just a freaking bear trap, just like what happens in the past few pumps. Nobody would let these bubble pop too early seeing that there are still many people eager to throw their cash at bitcoin hoping for some piece of profit. It was a nice opportunity to buy a few coins for those who have cash to spare, imo.

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June 24, 2016, 10:56:39 AM
 #73

And after few days it regain those $100. Once the painc sellers finished their excessive selling, the market returns to its original trend
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June 24, 2016, 11:15:22 AM
 #74

And after few days it regain those $100. Once the painc sellers finished their excessive selling, the market returns to its original trend

they sold at the bottom, and the price directly went up like $100 again. they must feel horrible seeing the price somewhat recovered again. that's why you should never trade with emotions. it mostly ends up in something bad.
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June 24, 2016, 12:22:37 PM
 #75

aaaand bitcoin has gained $120 in one day starting from 23 June, i am just wondering why nobody makes any topic about the big rises and only ducks make comment about the fall Smiley
http://www.coindesk.com/price/#2016-06-23,2016-06-24,close,bpi,USD
Yeah I agree with you. Despite of that im happy to see that bitcoin is rising again. I hope it will rise more this weekend.
i think your speculation is very conservative and correct. bitcoin will hit the 1000 dollar mark very easily as supply diminishes.

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June 24, 2016, 02:09:12 PM
 #76

And after few days it regain those $100. Once the painc sellers finished their excessive selling, the market returns to its original trend

they sold at the bottom, and the price directly went up like $100 again. they must feel horrible seeing the price somewhat recovered again. that's why you should never trade with emotions. it mostly ends up in something bad.

although this $100 rise was because of the brexit but even if that wasn't today i believe that bitcoin price would have gone up again but it might have taken a little bit longer than only one day.

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June 24, 2016, 02:54:01 PM
 #77

Here's another theory.  The Waves people must have something to do with it.

Quote

Please don't accuse me of FUD.  Can we get a clear answer from Sasha or the Waves team???

https://blockexplorer.com/address/3DWBSSAue32YS8PcW2gLs6m52BCCv3UgDA

Of the 30,000 BTC raised, they've already withdrawn 11,445 in the last few days!  Where is this money going, what is it being used for?

To put things in perspective, that's roughly $6.867 million USD!  And they still can't get listed on Poloniex?  There is something seriously up.  If this was a business on the stock market, investors would be filing complaints with the SEC.  

I am seriously worried, the price of Waves keeps dropping more and more below the ICO.

Monthly updates are not good enough.  I'm afraid by the end of the month they will have withdrawn all the ICO funds!

What the heck is seriously going on?

Where is the money going?  Why do they need $6.9 million USD for a Chrome extension???  There is no marketing or major developments.  You don't need $6.9 million USD for a SMF free software-based forum.  This is whole situation is getting worse everyday.

Source

Could it be possible for that much BTC to cause a big fall in price if it were all dumped at BTCe?  

R


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June 24, 2016, 03:53:56 PM
 #78

And after few days it regain those $100. Once the painc sellers finished their excessive selling, the market returns to its original trend

they sold at the bottom, and the price directly went up like $100 again. they must feel horrible seeing the price somewhat recovered again. that's why you should never trade with emotions. it mostly ends up in something bad.

although this $100 rise was because of the brexit but even if that wasn't today i believe that bitcoin price would have gone up again but it might have taken a little bit longer than only one day.

The problem with these rapid increases is that you know for sure that the price will go down again. That's why I prefer to see a slower but more stable growth. I am interested in the coming few days as I think the price will fall back to very low $600's, and maybe even below $600.
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June 24, 2016, 04:12:52 PM
 #79

there is no reason for the decline, this is a regular thing and do not panic. it is evident today bitcoin has again increased.

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June 24, 2016, 04:53:49 PM
 #80

there is no reason for the decline, this is a regular thing and do not panic. it is evident today bitcoin has again increased.
true. This is a normal thing. bitcoin does have such characteristics. bitcoin is designed for unstable. the rise and dramatic fall in a short time is a normal thing. I have experienced many instances of so extraordinary because bitcoin always see movement up and down.
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