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Author Topic: Bitcoin just dropped to under 900$ and it keeps going down  (Read 6470 times)
MakeMoneyBtc (OP)
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January 05, 2017, 01:19:27 PM
 #1

Guys , can someone tell me what is happening with Bitcoin ? In only 2 hours his price dropped over 10% . Now his price is 880$. What should i do? Sell my bitcoins or buy more?
isoneguy
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January 05, 2017, 01:19:43 PM
 #2

sell high buy low...

Is it high or low right now? You tell me...
MakeMoneyBtc (OP)
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January 05, 2017, 01:22:23 PM
 #3

sell high buy low...

Is it high or low right now? You tell me...
I dont know what to say, because i dont know what is the future of bitcoin. It will grow up? It will continue to drop?
HashBTC
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January 05, 2017, 01:24:21 PM
 #4

The price is fluctuating, its a gamble if you're trying to make money...


iqlimasyadiqa
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January 05, 2017, 01:25:55 PM
 #5

I really do not believe. is like a nightmare. bitcoin prices are currently very fall. I do not know no matter what caused the bitcoin prices had fallen dramatically. many people are disappointed with the current bitcoin price movement. a reduction of almost amounted to 200USD within a few hours.
Amadues
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January 05, 2017, 01:29:03 PM
 #6

sell high buy low...

Is it high or low right now? You tell me...

yes of course, but a loss of 20% of the value in less one hour sounds creepy Cheesy
Maybe some one undermine the protocol itself trying to violate something? Like a 51% attack ?

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Toplivecasinos
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January 05, 2017, 01:32:22 PM
 #7

WE have to understand that bitcoin is also a currency. It is prone to fluctuation of value and also can go nose dive what we are seeing today. If you believe that you made enough profit on bitcoin you can sell it or keep it if you want to gamble it.
BlackPanda
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January 05, 2017, 01:37:13 PM
 #8

many people who do sell. they look panic sell because bitcoin see a price drop so fast. I think it will increase again over the next few hours. we must continue to look at the movement of bitcoin prices in order not to suffer from the impact of existing.
Gatorelf
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January 05, 2017, 01:39:15 PM
 #9

Nasty drop to $885, I noticed it was having $70 swings last night it finally gave way to selling Undecided
isoneguy
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January 05, 2017, 01:39:40 PM
 #10

sell high buy low...

Is it high or low right now? You tell me...

yes of course, but a loss of 20% of the value in less one hour sounds creepy Cheesy
Maybe some one undermine the protocol itself trying to violate something? Like a 51% attack ?

...probably someone just cashed out and a few people panicked.

When everyone else is panicking...f'ing go to sleep.
Zadicar
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January 05, 2017, 01:40:41 PM
 #11

sell high buy low...

Is it high or low right now? You tell me...

yes of course, but a loss of 20% of the value in less one hour sounds creepy Cheesy
Maybe some one undermine the protocol itself trying to violate something? Like a 51% attack ?
I agree with you less than an hour 20% dip is really scary but now seeing again the price of bitcoin is climbing up again and now $960+ mark on preev.com which tries to recover up and dont know any ideas why is this happening and its seems there are people who manipulates the price.

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cellard
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January 05, 2017, 01:45:01 PM
 #12

I really do not believe. is like a nightmare. bitcoin prices are currently very fall. I do not know no matter what caused the bitcoin prices had fallen dramatically. many people are disappointed with the current bitcoin price movement. a reduction of almost amounted to 200USD within a few hours.

Well what did you expect to happen... a correction like this was perfectly possible. I don't understand why people get into bitcoin without being ready to take big hits. It's like getting into boxing thinking it's going to feel great kicking ass but then you get punched in the face and start crying. Getting hit is a part of the game and we took a hit, what matters is if you continue fighting, and bitcoin is showing excellent strength, we are already back to 976 and climbing. All the panic sellers that sold at 800 are now having second thoughts.
Gatorelf
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January 05, 2017, 01:45:30 PM
 #13

Guys , can someone tell me what is happening with Bitcoin ? In only 2 hours his price dropped over 10% . Now his price is 880$. What should i do? Sell my bitcoins or buy more?

most likely due to the improvement of the Chinese Yuan last night
Amadues
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January 05, 2017, 01:46:58 PM
 #14

sell high buy low...

Is it high or low right now? You tell me...

yes of course, but a loss of 20% of the value in less one hour sounds creepy Cheesy
Maybe some one undermine the protocol itself trying to violate something? Like a 51% attack ?
I agree with you less than an hour 20% dip is really scary but now seeing again the price of bitcoin is climbing up again and now $960+ mark on preev.com which tries to recover up and dont know any ideas why is this happening and its seems there are people who manipulates the price.

how many btc they need to "manipulate" the market?
there isn't only a market and thus china market is the largest one...
I think most of the climb start from their exchanges.

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n0ne
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January 05, 2017, 01:47:55 PM
 #15

This is something that's expected with the bitcoin price. During the past too the same happened, but didn't rise to such big number. Now the same has taken place. The increase and decrease in price is upon its nature, steep fluctuation happens during year end or by start. The next pumping can be expected by mid 2017, till that can expect gradual increase.

dat.ho12492
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January 05, 2017, 01:52:23 PM
 #16

keep calm, you should control emotions, i think Bitcoin down because it is campaign of investors, they want to buy bitcoin with price cheap, and then they pump, sell bitcoin with price expensive

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iqlimasyadiqa
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January 05, 2017, 01:52:44 PM
 #17

I really do not believe. is like a nightmare. bitcoin prices are currently very fall. I do not know no matter what caused the bitcoin prices had fallen dramatically. many people are disappointed with the current bitcoin price movement. a reduction of almost amounted to 200USD within a few hours.

Well what did you expect to happen... a correction like this was perfectly possible. I don't understand why people get into bitcoin without being ready to take big hits. It's like getting into boxing thinking it's going to feel great kicking ass but then you get punched in the face and start crying. Getting hit is a part of the game and we took a hit, what matters is if you continue fighting, and bitcoin is showing excellent strength, we are already back to 976 and climbing. All the panic sellers that sold at 800 are now having second thoughts.
This certainly is a risk. but still, each person must have a sense of regret. they sometimes get emotional high pressure. it is a natural thing, we lost a lot of money and can not make a profit.  Cry
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January 05, 2017, 01:53:32 PM
 #18

People why such surprised, btc were being traded at 850 last year from no reason it went into 900 and achieved 1000 dollars, this years it went to 1100 dollars, but well for sure some whale is having fun, the panic is created and bitcoin should stand at 1000 dollars after all dumps and pumps happen.
isoneguy
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January 05, 2017, 01:53:49 PM
 #19

This is something that's expected with the bitcoin price. During the past too the same happened, but didn't rise to such big number. Now the same has taken place. The increase and decrease in price is upon its nature, steep fluctuation happens during year end or by start. The next pumping can be expected by mid 2017, till that can expect gradual increase.

Yeah, I don't count the peak and drop prices as the value of my coins...I count the stable price.

But I'm mining and spending and setting a little aside as I go.
carlisle1
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January 05, 2017, 01:54:42 PM
 #20

I was surprised when I checked the current to different exchange and also in coindesk, wth. bitcoin price has dropped and it's appearing to be going down continuously . I hope that it is not going back $700 because for sure most of us are aiming for a higher price .
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