Bitcoin just dropped to under 900$ and it keeps going down

[Genesis1337]

C H Y N A 

[virasog]

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?

This might be an opportunity to buy more btc before it will rally again to go up. Some whales want the price to drop and buy a lot of btc and sell them again at high price.

Yes, this is how big whales become big they buy when it is in low price, very clever,
Now we are facing and roller coaster price of it but for sure before this January ends the price will be stable and when February starts then price will be move again.

[Denysuh]

 The price increase bitcoint in the market lies in demand of investing in it for the necessary monitoring of da ability of oneself to implement pemauan to the curve or the balance of the price of the bitcoin itself for that we need to realize that the rise and fall of his bitcoin was located on the account owner's specific account

[ustradebitcoin]

now its 820 i cant beleave it

anyway i will change some of my bitcoins now before it down to 700...

[1982dre]

now its 820 i cant beleave it

anyway i will change some of my bitcoins now before it down to 700...

Damn it keeps dropping. I had 850 as absolute bottom but its also broke that. But the way to 700 is very long and i dont think/hope it will get there. They way up is a lot easier.

[boyptc]

now its 820 i cant beleave it

anyway i will change some of my bitcoins now before it down to 700...

Damn it keeps dropping. I had 850 as absolute bottom but its also broke that. But the way to 700 is very long and i dont think/hope it will get there. They way up is a lot easier.

Oh well I still believe in bitcoins and I won't sell it anyway. I hope that the price is going to increase again. Maybe the whales are fooling us and wants us to sell what we've got so that they have now the total control and manipulation to buy at lower price and then when it happens, buying bulk again are going to make the price rise. Just hold on, don't panic folks. 

[Amph]

It is dropping as i post this, i wil catch it around 550--600 range. Buying now is not safe.

no i firmly convinced that it can drop under $700, there are two reason for this

under $600 miner will not make profit, and if china is controlling this the answer is clear

second reason is, the pump started at $700, so below that is safe

[Rupucers]

Still dropping

[Gatorelf]

It is dropping as i post this, i wil catch it around 550--600 range. Buying now is not safe.

no i firmly convinced that it can drop under $700, there are two reason for this

under $600 miner will not make profit, and if china is controlling this the answer is clear

second reason is, the pump started at $700, so below that is safe

wish there was a way to "Like" a post. 

Amph is spot on, its just been a month of volatility   Its fun to invest but never bet your home on any one thing. 30 day Chart says strong support in low $700's and possibly bounce off of $800's .

http://bitcointicker.co/   

[monbux]

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?

Please take your current bitcoins, sell them all, then leave this community.  It seems to me that you're just here for the signature payments?  Weak hands :-/

[Roger Burton]

Yes, but it's good for those who didn't have many bitcoins and it's bad for those who buy many bitcoins in a very high price. I hope the price keeps going down :p

[WMPfortheD]

Yes, but it's good for those who didn't have many bitcoins and it's bad for those who buy many bitcoins in a very high price. I hope the price keeps going down :p

Its like a game like bustabit where you have to cashout at right time or you might loose but the only positive is that you will again get a chance because price hikes every now and then and that's why holding btc is the best choice.

[fuckingidiot350]

bottomed out just now gys for sure

by the way bitcoin trades exactly like fx pair , watch any fx pair you'll understand

same traders, same funds, same algo's  , etc...

if you dont have experience with other fx dont think you can win against bitcoin.  just buy & hold

[jualidbitmixer]

Still dropping

It will stop for sure, because the chinese new year is coming soon and i'm sure the price will increase again like on Christmas. I think the price will dropping slowly or stable until  the next 2 weeks and after that it will increase again.

[Tmdz]

Still dropping

It will stop for sure, because the chinese new year is coming soon and i'm sure the price will increase again like on Christmas. I think the price will dropping slowly or stable until  the next 2 weeks and after that it will increase again.

Not sure why that would increase buying.

The Chinese will need to sell coins to fund their lavish partys ;P

[mundang]

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?

If your in a hurry go and sell your bitcoins,but if you can wait you may sell your bitcoin in a high price maybe 3000-$5000 before the end of this year. Im leaving my  trust to bitcoin.

[Rocarlos]

Still dropping

It will stop for sure, because the chinese new year is coming soon and i'm sure the price will increase again like on Christmas. I think the price will dropping slowly or stable until  the next 2 weeks and after that it will increase again.

I agree with you, guy. The bitcoin decrease is only temporary after investors sold bitcoin to take profit. The price is under 900$ but it's quite stable and no panic when the price is down. This is a good chance for who haven't owned bitcoin yet.

[isoneguy]

So a couple reasons the price drops fast.

1. a whale just hit his minimum sale value and is cashing out
2. people are panicking
3. other reasons...

Also with all the Chinese new year influence and the large market share they have...expect to see all sorts of movement for the next couple weeks. Possibly a new high, or even a return to an old low...nobody knows because it's really just speculation.

It's easy to dream and easier to panic but the only thing that I can truly tell you...is that if you sell your bitcoins now, you'll regret it once they hit 10k, and probably a lot sooner...like at 2k or even 1.3k.

I for one know that the only way to guarantee your income is to wait...yup that's right. Put your long term storage in a cold wallet and think of it as your retirement fund...not something you plan to feed yourself with next week.

Bitcoin for the 99th percentile should be a long term investment strategy(buy low sell high), if you are a skilled trader then you don't need my advice...

[Nahl]

Still dropping

It will stop for sure, because the chinese new year is coming soon and i'm sure the price will increase again like on Christmas. I think the price will dropping slowly or stable until  the next 2 weeks and after that it will increase again.

indeed dropping has stopped currently but still not stable and on my thought china new year will have not big influence for bitcoin price even volume support for bitcoin in china always be higher but i don't think this event will makes the price starting to pump again and if may i predict that probably until beginning of February the price still $1000 below and at range $880-$950

[MWesterweele]

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?

In my own oppinion holders or investors nor companies who uses bitcoin as their currency they panic seeling of their bitcoins that's why the price of bitcoin really droped from 1200$ to this rate of bitcoin nowaday this is the big advantage for me if you people start buying bitcoin while it chip it will ruse agaib.