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

[adaseb]

It went down a little. Unless it maybe halves or doubles its values, I will still be betting with the same amount of satoshi's as before.

[ZeroGee]

Bitfinex didn't have any of my BTC, sort of. They had my USD after continuously selling my BTC in fraction as I mined it. About $400 worth. Assuming Bitfinex does come back, should I try and wire transfer it out (assuming that's even an option) or trade it back to BTC/ETH with the price gouge losses? (I know there's a term for it but I just can't remember it at the moment.) That's my current dilemma.

Either way, I'll just keep mining on, hoping bitfinex comes back.

[tokeweed]

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?

The plan is to look for trending altcoins that goes up vs BTC.  Think of it as a hedge against a falling Bitcoin vs fiat.  If all goes well you end up with more Bitcoins than before.  I have been trying to trade well but I have been mildly successful with it.  Nothing major.  Sometimes I give some trading tips every now and then here:  https://bitcointalk.org/index.php?topic=1045967.0

[Mr. Big]

I have no change of mind...I don't have any coins in bitfinex too, I already sold it last $700.. right now, my coins is in my wallet.. I have not invested much money in bitcoin too, so no need for me to panic this time.. I'll just keep my coins and wait for the next price increase..  

[ChronoLite]

For gambling effect , it doesn't matter if bitcoin price were down.
Since they can make an entertaining condition through playing gambling and can make some profit , some people will buy some bitcoin because the price were down now (bitfinex accident).And gamble their money for hoping some profit , and hold it for future price increase.

[Indrawan77]

If bitcoin goes down it doesnt affect my gambling limit because the difficulty of earning the coin still the same but if the price is up its kind of affect my gambling because i need to cut down my limit again

[Caladonian]

if bitcoin went down it much better for me because it will added some of my btc bankroll if converted to fiat but if rises up again that's the only thing matter to me because i always set the amount that i can willing to lose in gambling.

[adibe]

Actually the price of bitcoin is increase again right now. So, no need to worry about the price of bitcoin and keep gambling and get profit on gambling as usual.

[equator]

The reason BTC price fell so much is Bitfinex. Over $65 MILLION dollars (120kBTC) were 'stolen'. A lot of bitcoiners have now lost their trust in BTC, so we are basically loosing users. This is a bad thing, but everything will be good in a few months. The price may drop to even $250-$300, I wouldn't've thought BTC will fall again THIS much. I'm wondering what are all the rich users going to do now..

I think what you are telling about Bitfinex site getting hacked and lost so much of bitcoins , so it made the investors to lose some faith on bitcoins and so they have sold some bitcoins, it is just a small panic in small investors but i think the price will come back up in 1 or 2 weeks time, i dont think the price will go down to below $300 until the hacked who hacked and stole btc from bitfinex not selling fully in market.

[Babayega31]

The reason BTC price fell so much is Bitfinex. Over $65 MILLION dollars (120kBTC) were 'stolen'. A lot of bitcoiners have now lost their trust in BTC, so we are basically loosing users. This is a bad thing, but everything will be good in a few months. The price may drop to even $250-$300, I wouldn't've thought BTC will fall again THIS much. I'm wondering what are all the rich users going to do now..

I think what you are telling about Bitfinex site getting hacked and lost so much of bitcoins , so it made the investors to lose some faith on bitcoins and so they have sold some bitcoins, it is just a small panic in small investors but i think the price will come back up in 1 or 2 weeks time, i dont think the price will go down to below $300 until the hacked who hacked and stole btc from bitfinex not selling fully in market.

Yeah it create little panic thats why we see some price fall down yesterday but today look at what it got now its slowly pumping like it well coming back to its original price and better to hold for now so we cannot destruct the rise and continye further,

And for Thoughs of changing plan? Well no at all i will still hold and invest the others to earn more money.

[SAMKUSH]

I think I would buy more if it dropped below $500, I would probably invest that into a bitcoin casino bankroll and then wait 6 months to get a return. I don't think it will reach this low however, i think it will stop at $500.

[LiQuidx]

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?

When you are saying changes are you referring to gambling related changes or general. Either way on my side there will be none but if I was more intro trading in this period (here the coin is fluctuating and the drops are steep) I would surely buy some bitcoins and sell later on. It's a really good opportunity if you are into trading.

[Dr.Osh]

I still believe in bitcoin, although the price down, but I believe bitcoin prices at the end of the year will certainly escalate. the current bitcoin prices go up, although not as high as before, but I still have great hopes that bitcoin prices back to $ 600 over and back again stable at these prices

[novemberwoah]

Maybe if the price drops a good plan in my opinion is to resist the bitcoin or purchase bitcoin. It was very beneficial because if the price will go up for sure we will benefit. If the price drops I did not dare to spend bitcoin because I think it is harmful.

[Xenophoto]

Today we went up, so that's a good sign. I hope BTC won't dip any longer. A solid holder doesn't get affected by the current price. He/she just waits for the right time to sell his bitcoins and that's what I'm going to do. Maybe this price decrease is actually a good thing, or maybe not. Who knows what's up, anyway? We'll all end up doing the same thing -- waiting.

[BiTiB.eu]

I'm waiting for week end. I'm afraid will go down again for test 500$ support

[tsaroz]

My plans right now are to hold any BTC I have and accumulate as much as I can as I believe bitcoin prices are soon to reach 1000$ per coin.

[minime0105]

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?

yeah there is a big change, because I am also trading other cryptos and right now im on to trading LIR, this dump is very hard and I think ill just hold of my coins and alts from now on, and wait for it to be back up. Will just gamble a little as well..XD

[Xialla]

up and down...all the time.

it is always the same as money flows:) if somebody changed his plans with bitcoin based on such small change, he is not ready for bitcoin at all yet or he invested more, than he can afford to loose.

[Yutikas_11920]

up and down...all the time.

it is always the same as money flows:) if somebody changed his plans with bitcoin based on such small change, he is not ready for bitcoin at all yet or he invested more, than he can afford to loose.

Yeah, this is something we get anywhere. Because all of these things will definitely move and will return as before, nothing that will stand in the place only. Surely this also requires the transfer of selecting the superior and ugly.