Do you think that the current dump is going to destroy the image of bitcoin?

[crossabdd]

no big dump, the price remains above $500, even after the news about hackers bitfinex, bitcoin prices recover quickly enough, although not completely. so I think this is all going to be fine

[StingrayX]

Sorry but I think that the problem is deeper than a "dump" of people... on the contrary, if people believe on the Bitcoin normally it should rise up.... I am sure there's an economic explanation  (experts can confirm it)...

[MFahad]

for about a month the price of bitcoin was stable and everyone was very happy with that and people started to believe for putting all of their money in bitcoin, and it was considered that it will be the next global currency, but now a bigger dump has started, and I think that dump is dangerous for the better future of bitcoin and its continuous happening will deny bitcoin from it success.

No, it is not first time, when bitcoin going to down, the last year, bitcoin was down very low, but you see now bitcoin has a good position instead of down the price.
And so far as the talk about bitcoin future, so doesn't wrong anything with bitcoin, it is just price down and nothing more wrong.     

[ultrloa]

for about a month the price of bitcoin was stable and everyone was very happy with that and people started to believe for putting all of their money in bitcoin, and it was considered that it will be the next global currency, but now a bigger dump has started, and I think that dump is dangerous for the better future of bitcoin and its continuous happening will deny bitcoin from it success.

No, it is not first time, when bitcoin going to down, the last year, bitcoin was down very low, but you see now bitcoin has a good position instead of down the price.
And so far as the talk about bitcoin future, so doesn't wrong anything with bitcoin, it is just price down and nothing more wrong.     

It happens at that time that bitcoin halving are near to come and some big whales of bitcoin dumps there coin they've have so they can buy at the cheapest price and that actually range at that time at 390$, and i think the dump and pump scheme of bitcoins are very nornal since some people are earning from its flactuation and maybe if we can see some down yet we can see some pump to, but the wrong there mate if we can se more down and nothing goes up.

[1Referee]

no big dump, the price remains above $500, even after the news about hackers bitfinex, bitcoin prices recover quickly enough, although not completely. so I think this is all going to be fine

The price did go below the $500 level for a very short time as it touched $465 on Bitstamp. The price would need to come close to $650 in order to be at pre-hack levels.

[~Bitcoin~]

no big dump, the price remains above $500, even after the news about hackers bitfinex, bitcoin prices recover quickly enough, although not completely. so I think this is all going to be fine

Actually even price is above 500$ there is still fear of those all hacked bitcoins coming to market. So price may keep on swinging below 600$ level before any update regarding a nice deal between bitfinex and hackers comes out.

[Universat]

no big dump, the price remains above $500, even after the news about hackers bitfinex, bitcoin prices recover quickly enough, although not completely. so I think this is all going to be fine

yes every thing is going to be fine. the news about bitfinex effect the price of bitcoin a little. but it does not effect the image of bitcoin. you can see that the market has recovered itself and is not trading in a a stable manner. hope in next few months its price will increase to all time high value.

[StoreBit]

no big dump, the price remains above $500, even after the news about hackers bitfinex, bitcoin prices recover quickly enough, although not completely. so I think this is all going to be fine

as for as the news about bitfinex spread about hacking, it really effect all the other exchages inclusing yobit, and the price of bitcoin fell down to 500$ but at that price bitcoin found a strong support and now it is trading round about in 580 $. i think the news about bitfinex is over and there is no effect of bitfinex on the image of bitcoin.

[ausbit]

no big dump, the price remains above $500, even after the news about hackers bitfinex, bitcoin prices recover quickly enough, although not completely. so I think this is all going to be fine

yes every thing is going to be fine. the news about bitfinex effect the price of bitcoin a little. but it does not effect the image of bitcoin. you can see that the market has recovered itself and is not trading in a a stable manner. hope in next few months its price will increase to all time high value.

Yeah I think trading has just halted in bitfinex for awhile but people saying bitcoin is going to drop are insane. It’s just slow because of current events and things like that. But every day we are seeing some new merchants adopting bitcoin and spreading across new people are happening rapidly.

[Braeron]

Dumps are lovely. They make me money as I can just buy in a quick batch of cheap coins and sit on them for a while, btc are always bound to rise up again after a dump they wont die out that quickly my friend.

[Newcoins2020]

Yes next dump will destroy a little bit of reputation again like everytime cause investors dont like these big circle dumps.
We shouldnt dump all the coins if you keep it it will grow and the name will grow too, this will be more profitable for everyone.

[Ayers]

Yes next dump will destroy a little bit of reputation again like everytime cause investors dont like these big circle dumps.
We shouldnt dump all the coins if you keep it it will grow and the name will grow too, this will be more profitable for everyone.

all those dump for bad news are actually making bitcoin much stronger, you can tell it by how quickly the recover after one those went in, perhaps the first one was hard to beat and caused a big of trouble for bitcoin confidence, but those dump lately are no match for bitcoin imho

[milewilda]

no big dump, the price remains above $500, even after the news about hackers bitfinex, bitcoin prices recover quickly enough, although not completely. so I think this is all going to be fine

Previous $670 mark price  dump to $540 max  because of the finex incident but still its not  considered as a big dump, its just a $100+  price drop and as we can see now  as of today  that bitcoins price is  already recovering up  and going  to $600+  ongoing. Price dumps are just normal because of some circumstance but still  bitcoin would probably  recovers.

[radamiel]

no big dump, the price remains above $500, even after the news about hackers bitfinex, bitcoin prices recover quickly enough, although not completely. so I think this is all going to be fine

Previous $670 mark price  dump to $540 max  because of the finex incident but still its not  considered as a big dump, its just a $100+  price drop and as we can see now  as of today  that bitcoins price is  already recovering up  and going  to $600+  ongoing. Price dumps are just normal because of some circumstance but still  bitcoin would probably  recovers.

I also believe bitcoin prices will be stable and will probably rise until next month, I hope bitcoin prices could reach $ 700

[dunfida]

no big dump, the price remains above $500, even after the news about hackers bitfinex, bitcoin prices recover quickly enough, although not completely. so I think this is all going to be fine

Previous $670 mark price  dump to $540 max  because of the finex incident but still its not  considered as a big dump, its just a $100+  price drop and as we can see now  as of today  that bitcoins price is  already recovering up  and going  to $600+  ongoing. Price dumps are just normal because of some circumstance but still  bitcoin would probably  recovers.

I also believe bitcoin prices will be stable and will probably rise until next month, I hope bitcoin prices could reach $ 700

We are believing on the same thing all of us here in this forum, we would like to see bitcoins price to go up further more because we are all investing on bitcoin for sure. Dumps are just part on bitcoins ecosystem because there are  things that affect why the price is going up and down.

[Babayega31]

I think the slight decrease of bitcoin will not destroy the image of bitcoin. Perhaps it just takes the timing for the highest price of bitcoin and it will come to pass . The bitcoin is the best you can invest your money due time rise in the price of bitcoin had secured the money to open up a huge profit . So good to accumulate because bitcoin is not drop.

[PsursV]

I think the slight decrease of bitcoin will not destroy the image of bitcoin. Perhaps it just takes the timing for the highest price of bitcoin and it will come to pass . The bitcoin is the best you can invest your money due time rise in the price of bitcoin had secured the money to open up a huge profit . So good to accumulate because bitcoin is not drop.

yes it is a fact i think it was not a git dump as the price got a strong support at 500$ and after that the price of bitcoin start recovering its previous position, and now it is again trading above 620$, hope that bitcoin will cover its previous position very soon.

[Ulloa]

No I do not think the dump of the bitcoin will destroy its image, the bitcoin is getting bigger and bigger and it will stays like this.
The bitcoin is popular and still good, I'm hoping on better things for the bitcoin in the nearby future.

[Cresciuanto]

Dumps are lovely. They make me money as I can just buy in a quick batch of cheap coins and sit on them for a while, btc are always bound to rise up again after a dump they wont die out that quickly my friend.

yes it is right but some time the dump become so deep that it really effect the price too much and then it take moths or even year to recover to its previous position, therefore we should pray for that the price of bitcoin should remain stable and do not fell down too much.