The Bitcoin price is going Down....Any changes in your plan?

[crossabdd]

prices down there is no effect on the gamblers, it will be the same as usual gambling without having to increase the bet bigger.

[socks435]

For now i have a new plan instead of holding bitcoin right now better to buy bitcoins because the price of bitcoin is low..
I am lucky that i already sold my bitcoins when the price is 650 now my plan is to buy bitcoin with partial of my sold bitcoin..

[Arcteryx]

This situation is really heart breaking to hear. Cause one minute I was looking at $650 then boom the next it was $530! I said what the hell?!
I never say it take such a skydive without any downward decline before. It just dropped like a bullet all at once.
I must say I was shock. And I knew something was up with Bitfinex when I went to check preev to confirm my fears on the price's sudden devaluation because it did not show anything when I clicked on Bitfinex to see what the price was compared to bitstamp's. It was just gone.

[futurebit640]

For now i have a new plan instead of holding bitcoin right now better to buy bitcoins because the price of bitcoin is low..
I am lucky that i already sold my bitcoins when the price is 650 now my plan is to buy bitcoin with partial of my sold bitcoin..

Don't buy now you should wait for some time Because now only it started to falling. So when it stable that time you can start to buy Bitcoins. If you buy now, and the price again goes down means it is big lose for you.

And this price decrease is not affecting to Gamblers. It will effect only for Traders.  

[Arcteryx]

For now i have a new plan instead of holding bitcoin right now better to buy bitcoins because the price of bitcoin is low..
I am lucky that i already sold my bitcoins when the price is 650 now my plan is to buy bitcoin with partial of my sold bitcoin..

Don't buy now you should wait for some time Because now only it started to falling. So when it stable that time you can start to buy Bitcoins. If you buy now, and the price again goes down means it is big lose for you.

And this price decrease is not affecting to Gamblers. It will effect only for Traders.  

This makes the most sense when for deciding when the right time to buy is.
The bitfinex incident has not been dealt with and not all the information has been provided yet. So it could be worst or it could stay the same. The bitcoin price will reflect that outcome in the coming hours. So you best choice would be to wait to see where it stands before making any rash decisions about buying an large amounts right now.
Traders are indeed the ones who will be hit the hardest because of this rapid fall. The ones that were holding alot are in panic mode right now. I would not like to be playing the market right now trading bitcoin. The ones who are buying them up are the ones taking the gamble if you ask me. 

[pinoycash]

since i dont need any fiat cash at the moment, im still holding my coin, this is just  a temporary set back and the price will bounce back to 600++

[crairezx20]

For now i have a new plan instead of holding bitcoin right now better to buy bitcoins because the price of bitcoin is low..
I am lucky that i already sold my bitcoins when the price is 650 now my plan is to buy bitcoin with partial of my sold bitcoin..

Don't buy now you should wait for some time Because now only it started to falling. So when it stable that time you can start to buy Bitcoins. If you buy now, and the price again goes down means it is big lose for you.

And this price decrease is not affecting to Gamblers. It will effect only for Traders.  

Yeah right we need to wait for more weeks to see if the price of bitcoin will be stable or it will decrease more..
So that we can sure that this price is the best time to buy or not..

[secone]

why you put this thread in gambling section? because prices go down or up will have no effect on gambling.

[RoommateAgreement]

Hello Everyone,

     Since last 1 week, The Bitcoin price is going down. Last week it was 650$+, Now 550$+. I don't know for what reason it is going down. So because of this price down, is there any change in your future plan?

you should visit some other places instead of just gambling day and night, and you will undestand why price has been going down.
besides this downward trend has been happening less than 24 hours not since last week. the last week was a temporary drop which was normal the big drop of today is because of bitfinex hack.

and to answer your question. there is no change in my plans. i will continue earning bitcoin and i will continue spending it based on how much i earn.

[JasonXG]

Hello Everyone,

     Since last 1 week, The Bitcoin price is going down. Last week it was 650$+, Now 550$+. I don't know for what reason it is going down. So because of this price down, is there any change in your future plan?

I dont think it matters. Its all about the ratio and people will always gamble.
The price will come back up it always does. Now is the time to buy.

[emberbekas]

This down trend gives us an opportunity. We can speculate to buy some coins while the price is down, in the hope we can gain some profit in the short term. I think the price will move up again even not the huge one.

[hua_hui]

This down trend gives us an opportunity. We can speculate to buy some coins while the price is down, in the hope we can gain some profit in the short term. I think the price will move up again even not the huge one.

I believe in the nature and potential of bitcoin. It is one of the best system for international transaction so there will always be a strong demand for it. The price of bitcoin will keep rising and it has always been proven to be such the case.

[Junko]

Any change in bitcoin price up or down, regardless of how drastic, has no affect on my gambling. My bankroll management and targets are the same and isn't dependent on the price of bitcoin.

Outside of gambling, I used the recent drop as an opportunity to buy some bitcoins at a discount and add to my hodlings. I wouldn't even mind if the price dropped further so I can pick up a few more.

[buyinbtc]

prices down there is no effect on the gamblers, it will be the same as usual gambling without having to increase the bet bigger.

of course there is no effect for the gamblers, people would still gamble the same amounts of money, i hope that the price will recover though

[Carmen_Sandiego]

The price is now recovering, but I do not believe that it will return to the same previous levels this year.

[jhenfelipe]

Answering your question in general, well, I will just go with the flow. I will still do what I'm doing, which is earning bitcoin and hold it. No plan of selling. If it's about gambling, I don't have plan on it since I'm not an all time gambler, it's not my hobby to gamble. However, in my opinion, gamblers will still gamble disregarding the price of bitcoin.

[Arcteryx]

The price is now recovering, but I do not believe that it will return to the same previous levels this year.

Looks like it was just an offshoot and it is recovering back to what it was trading at in the morning before all hell broke loose after the hack.
But getting back to topic:
The price is down but my plans have stayed firm as they always have and i will be investing into as much as I possibly can but with an eye to the sky to make sure it is not falling from now on.

[raaajlucky]

The price is now recovering, but I do not believe that it will return to the same previous levels this year.

Yes, this is good news for Bitcoin users. I think again it will reach normal price like 650$+ in coming days. And come to the topic this price variation is not effect to my gambling. For gamblers, it will not effect. But those who do Bitcoin buy and sell work for them it will effect.

[deadlyunknown]

Just because bitfinex's bitcoins were stolen doesn't mean that gamblers will give up with the crashing price. Bitcoin will still survive, even if the price is more or less the value.

[nydiacaskey01]

There's no effect to gamblers for the recent drop of Bitcoin rate. If I stake 0.01BTC its still 0.01BTC and will earn based on the odds. Although if the exchange rate of Bitcoin is high, I would love to play dice and stake only a few satoshis and cash out when I reach a certain amount.