Price Dropped to 594.2$ @Preev .

[lolxxxx]

The price is dropped to 594.2 $ from 771$ . Is this bad ?
My answer is NO , For investors it is the best time to buy and hold the bitcoins for good .
We will see the rise again in 2 weeks so better buy and hold your bitcoins now .

What do you think guys ?

[CoinFoxs]

The price is dropped to 594.2 $ from 771$ . Is this bad ?
My answer is NO , For investors it is the best time to buy and hold the bitcoins for good .
We will see the rise again in 2 weeks so better buy and hold your bitcoins now .

What do you think guys ?

It's very good news for those who buy bitcoins from others, and buy bitcoins as much as you can and hold btc till the price reaches 700-800 $ again
So from my side there is a big NO !!

[duts_bg]

Well I agree with you man. It is a great time now to buy bitcoin again because it's value is low and halving is near. It will probably rise again on july and on the halving day.

I completely agree with you. Otherwise, those here would not worry.
http://cointelegraph.com/news/bitcoin-is-potential-national-threat-says-us-regulator

[randy8777]

when the price goes up significantly, there is always chance to see the price go back down again. that's why you should always use the high price to secure your profits at. just to be on the safe side. glad i did so. better safe than sorry.

[Edwardard]

The price is dropped to 594.2 $ from 771$ . Is this bad ?
My answer is NO , For investors it is the best time to buy and hold the bitcoins for good .
We will see the rise again in 2 weeks so better buy and hold your bitcoins now .

What do you think guys ?

you are totally right but some fudsters are spreading fud by taking advantage of this situation. we should not get trapped by them and dont panic sell your coins now otherwise then you will cry in the future that why you panic sold your coins.

[manselr]

A big correction was reasonable. We are coming from a 80% increase, so its nothing in the big picture we are still doing great.

[hawkins]

you're right, and the current price of bitcoin to $ 568.7 in preev. This is very bad for bitcoin users, whereas, the previous day bitcoin prices are still rising to the height. I hope the price of bitcoin back up and stable

[hasiramasenju]

The price is dropped to 594.2 $ from 771$ . Is this bad ?
My answer is NO , For investors it is the best time to buy and hold the bitcoins for good .
We will see the rise again in 2 weeks so better buy and hold your bitcoins now .

What do you think guys ?

very agree with you and i'm pretty sure the investors won't missed these chance with buying more bitcoin but for some people who didn't believe the prices will increase again since yesterday they were already sell their bitcoin because they considers that if they didn't sell now they will suffer more losses

[BitcoinHodler]

The price is dropped to 594.2 $ from 771$ . Is this bad ?
My answer is NO , For investors it is the best time to buy and hold the bitcoins for good .
We will see the rise again in 2 weeks so better buy and hold your bitcoins now .

What do you think guys ?

i agree with the rise but not the timing.

this little drop is just a good way of buying bitcoin for those who have missed out on the last rise. but i think it may take a longer time than 2 weeks to start climbing again.

[helloeverybody]

This is honestly the first time ive never been bothered about a drop, A pretty big one at that but what it means is a nice opportunity to scoop up some cheap coins . Im also pretty hopeful that we will get an increase in price at some point after the halving.  Im not panicking yet anyway.

[Sweetbtc]

This is honestly the first time ive never been bothered about a drop, A pretty big one at that but what it means is a nice opportunity to scoop up some cheap coins . Im also pretty hopeful that we will get an increase in price at some point after the halving.  Im not panicking yet anyway.

Yes we all are hoping that it will reach above 800$ this halving. But drop in price and that too of $200 is something to be worried . If price keeps drooping then more panic selling will come.

[equator]

This is honestly the first time ive never been bothered about a drop, A pretty big one at that but what it means is a nice opportunity to scoop up some cheap coins . Im also pretty hopeful that we will get an increase in price at some point after the halving.  Im not panicking yet anyway.

Yes we all are hoping that it will reach above 800$ this halving. But drop in price and that too of $200 is something to be worried . If price keeps drooping then more panic selling will come.

Ya what you are saying is right that this correction is healthy as the short term traders have cashed out the profit which they have purchased at low and if the price stable above $550 then in the next week itself we can see back the price above $700+ and before halving we can see the price of $1000 as per my chart.

[iv4n]

Fast rise, fast drop..nothing strange for me also. Maybe this is just warming up for big jump, you mentioned two weeks, I think effects of halving will last next two months. Of course price will go up and down in this period of time, but in my opinion it will go more up then down.
Who have some money should buy now, or wait a bit more.. that is trading. People who sold on 771 are now in plus with coins, and I think in the end they will make big profit when btc rise again.

[richardsNY]

It was a nice ride while it lasted. I think we have to focus on not falling below $500 right now. It's probably the auction of the coins that made the price go down, plus the fact that it was a more than decent moment to cash out some coins. One plus the other resulted in the price going below the $600 mark.

[tygeade]

It was a nice ride while it lasted. I think we have to focus on not falling below $500 right now. It's probably the auction of the coins that made the price go down, plus the fact that it was a more than decent moment to cash out some coins. One plus the other resulted in the price going below the $600 mark.

Price may fall in coming days too, and now there is no assurance that price will go higher at halving, so if current price is allowing you to make profits, then you should sell your coins.

[rapsaodan84]

I would think the last increase from <500 to >700 was partially because of the halving. this is just an adjustment. maybe it will continue to go down for a while and then up again
it's impossible to guess what will happen in the short term but in the long term it's definitely going up

[safari88]

yeah I hope the week before halving the price could go back to $700, and now only monitors if the fall continues I will try to buy as much as possible.

[lumeire]

The price is fighting, back to $611, but this looks like just another weak push. IMO we might be able to see around the $500 level this weekend.

[crairezx20]

Yeah your right this is not bad and this is favorable for investor that they can buy bitcoins right now for a low price.. better to stay holding bitcoins and don't sell because we will see the price again sky rocketing..

[Fatinan]

It does not matter if the price drop to $580 or not. If there is active development of the bitcoin, the price will rise.