Bitcoins Keep drop over 7.7% today... from 8 days ago

[samcoin]

Don't sell now , I think at $600 , it has reached the lowest price point , and after that it will start to move up , or if the price faced big resistance , it might drop more under $600 , every thing depend on the market now .

[Rahar02]

Hey everyone,

I would like to take your opinion on keeping bitcoins or sell it, since it's drop much lately and I think if keep dropping for all bitcoins keepers should sell it, i guess,

What you think ? should we keep or sell ?

Losing at low amount better for long profit I guess...

from 8 days was 656$ now about 605$ about 7.7%

I was shock when I saw the price was down. I think the price will be stable around $660-$650, but I was wrong.

actually I'm going to sell my bitcoin tomorrow, but since the price has go down, probably I will keep my bitcoin for a week. if the price keep falling down, I will sell it then.

Actually BTC price increases quite well in the last year. When the price of BTC last year around $300 and now $600. BTC price decline is a matter of course. I suggest keep savings BTC , the price will continue to rise for sure, It a good investment.

[rphk]

best is to put a mark till which it falls or the level where you can afford ,if it falls below that price better to sell it or if you are able to take risk then it better to hold and see price raises, in your case i believe you are holding it for long time ,if you there is more profit i think you can sell it.

[designbuyers]

Price can easily go back up upto 700$, i think this drop is happening because many weak hands like to exit after not seeing any real pump after halving. But there are lots of other people that love to buy cheap coins whenever available. Perfect time to buy i think.

I think it might get lower but everyone is up to suggestions...

★★Please, vote here.★★
https://bitcointalk.org/index.php?topic=1572734.new#new

[designbuyers]

Nothing to panic about. I was expecting this fluctuation and this will continue till the next year (price will increase and decrease again and again) but not with such sharp points. I believe that, this is a effect of halving event happened recently. Price of bitcoin will keep fluctuating between $550 to $800 till the half of 2017 and then we will see sustainable growth of bitcoin. If one is expecting to get in bitcoins then this is an golden opportunity, one should keep buying small amount of bitcoins during specific interval of time.

totally agree... 

★★Please, vote here.★★
https://bitcointalk.org/index.php?topic=1572734.new#new

Don't sell now , I think at $600 , it has reached the lowest price point , and after that it will start to move up , or if the price faced big resistance , it might drop more under $600 , every thing depend on the market now .

Yes, everything could happen, it's market and depends on demands & Buy and Sell.

★★Please, vote here.★★
https://bitcointalk.org/index.php?topic=1572734.new#new

Hey everyone,

I would like to take your opinion on keeping bitcoins or sell it, since it's drop much lately and I think if keep dropping for all bitcoins keepers should sell it, i guess,

What you think ? should we keep or sell ?

Losing at low amount better for long profit I guess...

from 8 days was 656$ now about 605$ about 7.7%

I was shock when I saw the price was down. I think the price will be stable around $660-$650, but I was wrong.

actually I'm going to sell my bitcoin tomorrow, but since the price has go down, probably I will keep my bitcoin for a week. if the price keep falling down, I will sell it then.

Actually BTC price increases quite well in the last year. When the price of BTC last year around $300 and now $600. BTC price decline is a matter of course. I suggest keep savings BTC , the price will continue to rise for sure, It a good investment.

Agreed .. 

★★Please, vote here.★★
https://bitcointalk.org/index.php?topic=1572734.new#new

best is to put a mark till which it falls or the level where you can afford ,if it falls below that price better to sell it or if you are able to take risk then it better to hold and see price raises, in your case i believe you are holding it for long time ,if you there is more profit i think you can sell it.

Yes, everyone has risk limit .. and some can't risk the time.

★★Please, vote here.★★
https://bitcointalk.org/index.php?topic=1572734.new#new

[BTCLovingDude]

you can never tell with bitcoin price, the market experts who are the whales are the only people who know it and they are never here to share it with others.

but i think if you could sell yesterday it was safer than selling today, but also it is better to wait and see what happens, if it went lower maybe sell and buy at the bottom. and you have to watch the market anyways.

[Positid]

It is really dropping and we cannot do anything about it but to watch, let us just watch how the whales are playing their games just bet on the right outcome. For me, I would just buy with the current price and hope this will be the cheapest one and hold it and wait until it rises back again.

[BiTiB.eu]

H O L D  & H E D G E

I just made a post about, it's time to hedge  Smiley

We suggest to hedge position (expecially if you are in profit yet).

Follow our sheme:

A) We suppose you have 100 BTC (bot work the same with 100.000 satoshi too   )
B) You would preserve FIAT value (so 60 k $)

What you need to do:

1) Sell 20 BTC (20% of your asset) and hold 80 BTC
2) Go short on leverage 5x using these 20 BTC
3) Take Profit on leverage position @ 500$ & Put Stop loss on Holding BTC @500 $ too
4) Stop Loss on Leverage position @660$

This is a simply Hedge position that preserve your BTC value at a cost of about 3 % (spread +  net loss)

But there are lot of hedge strategies: let us work for you, take a look on www.bitib.eu or PM me

[Carlsen]

All those natural fluctuation theories here are obsolet at the moment, because nobody expected the bitfinex hack.
This is going to follow us for a very long time, and drag the price back to about 300$.
If it is as bad as some people say.

[1Referee]

All those natural fluctuation theories here are obsolet at the moment, because nobody expected the bitfinex hack.
This is going to follow us for a very long time, and drag the price back to about 300$.
If it is as bad as some people say.

Bitfinex got hacked is one thing, I think if a relatively low amounts of coins are stolen, then the price will move up again. But if it turns out that perhaps tens of thousands of coins are stolen, then prepare yourself for $3XX prices again. But then again, that's assuming Bitfinex is honestly communicating to the outside world. They can also just say; Hey! We lost like 500BTC, but everything is fixed now! While in fact they lost much more coins due to a hack. We don't know that.

[wh00per]

Or they sell 1/2 of what they have so that they buy back what they miss. Hard to move the whales .. but when they move, the waves are kinda' high.

[Trayber]

Say goodbye to the 500's. It was nice run while it lasted.

[richardsNY]

Pure madness what is happening right now. At least it gave me the chance to buy at these prices. I managed to scoop up 3 coins between the $530 and $540 levels.

[The Sceptical Chymist]

Price drops, everyone wants to sell.  And then people wonder why they're not making money buying high and selling low. 

I know a lot of people here are somehow missing a lot of gray matter, but bitcoin dropping into the shitter right now is a gift from the heavens.  Not only should you NOT SELL, you should be BUYING TIL IT HURTS.  Thank you for your kind attention.

[Carlsen]

All those natural fluctuation theories here are obsolet at the moment, because nobody expected the bitfinex hack.
This is going to follow us for a very long time, and drag the price back to about 300$.
If it is as bad as some people say.

Bitfinex got hacked is one thing, I think if a relatively low amounts of coins are stolen, then the price will move up again. But if it turns out that perhaps tens of thousands of coins are stolen, then prepare yourself for $3XX prices again. But then again, that's assuming Bitfinex is honestly communicating to the outside world. They can also just say; Hey! We lost like 500BTC, but everything is fixed now! While in fact they lost much more coins due to a hack. We don't know that.

From all I have read so far the amount is much larger.
About 120000 coins were stolen the media write. Ouch!
That would be about the same level than the DAO attack.

[Fredomago]

All those natural fluctuation theories here are obsolet at the moment, because nobody expected the bitfinex hack.
This is going to follow us for a very long time, and drag the price back to about 300$.
If it is as bad as some people say.

Bitfinex got hacked is one thing, I think if a relatively low amounts of coins are stolen, then the price will move up again. But if it turns out that perhaps tens of thousands of coins are stolen, then prepare yourself for $3XX prices again. But then again, that's assuming Bitfinex is honestly communicating to the outside world. They can also just say; Hey! We lost like 500BTC, but everything is fixed now! While in fact they lost much more coins due to a hack. We don't know that.

From all I have read so far the amount is much larger.
About 120000 coins were stolen the media write. Ouch!
That would be about the same level than the DAO attack.

it will really affect the btc price just in one day dump the price will go down immediately we can't stop this to happen but im sure it will bounce back bitcoin already been there and bounce back in a few months it will recover for sure.

[severaldetails]

All those natural fluctuation theories here are obsolet at the moment, because nobody expected the bitfinex hack.
This is going to follow us for a very long time, and drag the price back to about 300$.
If it is as bad as some people say.

Bitfinex got hacked is one thing, I think if a relatively low amounts of coins are stolen, then the price will move up again. But if it turns out that perhaps tens of thousands of coins are stolen, then prepare yourself for $3XX prices again. But then again, that's assuming Bitfinex is honestly communicating to the outside world. They can also just say; Hey! We lost like 500BTC, but everything is fixed now! While in fact they lost much more coins due to a hack. We don't know that.

From all I have read so far the amount is much larger.
About 120000 coins were stolen the media write. Ouch!
That would be about the same level than the DAO attack.

it will really affect the btc price just in one day dump the price will go down immediately we can't stop this to happen but im sure it will bounce back bitcoin already been there and bounce back in a few months it will recover for sure.

I am afraid, but I think that will happen.
The major media have not picked up that news yet, but they will during the day.
I am really not looking forward to what will happen then to the bitcoin price.

[ethereumhunter]

Hey everyone,

I would like to take your opinion on keeping bitcoins or sell it, since it's drop much lately and I think if keep dropping for all bitcoins keepers should sell it, i guess,

What you think ? should we keep or sell ?

Losing at low amount better for long profit I guess...

from 8 days was 656$ now about 605$ about 7.7%

Please, vote here.
https://bitcointalk.org/index.php?topic=1572734.new#new

In this thread :

@Hirose UK ( Hold 7 Days)
@Doms ( Hold )
@Denker ( Hold )
@Doubletrade ( Hold )
@nydiacaskey01 ( hold )
@Farma ( hold )
@1Referee ( hold )
@Denker link ( Sold ALL )
@Jeremycoin ( Hold )
@jak3 ( Hold )
@Carlsen ( Hold )
@~Bitcoin~

So everyone is holding bitcoins. So I think should wait more day to see what happens.

i am prediction it will be drop a little deep again, after that it will get stable and will up again, well its only prediction, who knows what is going on in the future.

my suggestion is, don't be panic like other people, used your bitcoin to trading altcoin, don't think that you will loss by the dropping bitcoin, but thinking about how you can gain more bitcoin by trading btc-altcoin.

[designbuyers]

Bitfinex Problem, once solved I think it will back to normal.

Bitcoin drops 20% after $70M worth of Bitcoin was stolen from Bitfinex exchange

They doing maintenance for website so to prevent it in future from happening again.

[0day]

I think we should have to keep our coins for more longer, the price started to drop from yesterday but now once again it stopped around $535, and it will once again start to increase, just think about the bitfinex a month ago when it was hacked and the price started to decrease and it reached to $580 and then the price started to increase and reached to $670 , so we have to keep the faith that the price will increase sooner.