$1100 to $750 is significant

[Xester]

I missed the price updates before the Christmas day ends until January 12 and I was shocked seeing that the value has been already decreased. It's okay at least I still have my coins in my wallet, I am hoping that this continues falling down will change to increasing again.

I think it's really hard for bitcoin to restore its price until $1100 again or even surpasses it, as someone said that bitcoin price when it just reached $1100 is overbought and will eventually finding its stable point when people have made a decision to sell their bitcoin massly and it's proven to be happened and the price was decreasing in just short amount of time.

It will take some time probably months, and yes it was a bubble as other say it.  The rapid increase in price of Bitcoin this past Christmas to New Year created a minor bubble then resulting in rapid decline in price in the next week.  At least Bitcoin is stable now at $790 - $830, I was worried that it might go down to sub $600 when the continue fall of Bitcoin from $1000+ to sub $800 happen.

It's just simply annoying when the correction after skyrocketing way too deep
We should stay at least in $850 after hitting the $1150 or so
And keep growing after , unfortunately the fact recently it shows how the price could possible down deeper
Everyone worry about it no doubt, so panic selling will still happened.

I think panic selling have passed couple days ago. Bitcoin seems going to rise and as I see it's price doesn't going under 800$ for some days. And I hope bitcoin will continue to add dollars to it's price day by day.

It's just paused , once china market gone wild the panic selling will continue
It's always be like that , chinese try to conquer bitcoin world by its power of big player
I wish the panic selling really ended , but the fact that cina market like huobi keep dumped
It' indicated that they still in the game , don't know what they want , one thing for sure it's all about money.

A huge amount of US dollars was lost and transferred out of CHina due to money laundering and it has negative impacts on Chinas Economy. Selling bitcoins in exchange for dollars will replenish their reserve and will stabilize their economy. CHina is very smart to get a huge volume of bitcoin and they will manipulate bitcoins price since they have the power to do that.

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[johhnyUA]

1100 $ is a big financial bubble. Every day is issued bitcoins to the amount of 1.5 million dollars. Who would redeemed such amount? I think that no one. Also, there some interesting theory, that chineese miners hadn't sold their bitcoins then price grew. And after this fact, it's very good that price doesn't goes down to the 500-600. in my opinion, that mean the fact that bitcoin bubble doesn't over)
Now we already have 866 dollars per BTC
Lol, sorry. 891 per 1 btc)

[Pursuer]

1100 $ is a big financial bubble.

if you are talking about bitcoin then it is not a bubble, in fact that price is still considered a very cheap price for bitcoin, it is bitcoin at a huge discount. but the fact that it was reached nearly overnight made it look like a bubble and then came the drop.

Every day is issued bitcoins to the amount of 1.5 million dollars. Who would redeemed such amount? I think that no one.

you need to go to speculation board, and then click on one of the old pages. one of those number on top indicating page look at page 250-300 and you can see other people saying the same. but they are saying nobody will pay $20 for bitcoin. and today we laugh at those people.
so don't become a laughing joke of tomorrow

Also, there some interesting theory, that chineese miners hadn't sold their bitcoins then price grew. And after this fact, it's very good that price doesn't goes down to the 500-600.

that is not a theory it is bullshit FUD. miners are selling their coins, because they have bills to pay. you know mining is neither free nor cheap and they are mostly "pools" which means they have other people who connect to their pool and have to pay them too.

besides you can easily check their wallets, it is publicly available to anybody who is not lazy.
and remember that coinbase transaction can only be spend when it reaches 100 maturity. (100 block deep)

[nikilavi]

In a price range such as this I was curious how most of you hold/trade your asset. Such as just hold and never sell, position trade based on price and or swap currencies through an exchange for another and or cash out.

Well I'm holding since the bitfinex crash even if i se it now I'm still in a profit but bitcoin is way more worth than 900$ i guess i probably only sell it when i need money in an emergency or maybe after 5-10 years but selling my bitcoins by this year will not happen for sure

[Gatorelf]

In a price range such as this I was curious how most of you hold/trade your asset. Such as just hold and never sell, position trade based on price and or swap currencies through an exchange for another and or cash out.

Well I'm holding since the bitfinex crash even if i se it now I'm still in a profit but bitcoin is way more worth than 900$ i guess i probably only sell it when i need money in an emergency or maybe after 5-10 years but selling my bitcoins by this year will not happen for sure

Very good, its like a savings for you. This year has all the signs of becoming the best year yet for BTC in many areas which translate to a price increase. We all have our goals what we are willing to take at a future date mostly related to our age.

[rizkyhiw]

I missed the price updates before the Christmas day ends until January 12 and I was shocked seeing that the value has been already decreased. It's okay at least I still have my coins in my wallet, I am hoping that this continues falling down will change to increasing again.

I think it's really hard for bitcoin to restore its price until $1100 again or even surpasses it, as someone said that bitcoin price when it just reached $1100 is overbought and will eventually finding its stable point when people have made a decision to sell their bitcoin massly and it's proven to be happened and the price was decreasing in just short amount of time.

It will take some time probably months, and yes it was a bubble as other say it.  The rapid increase in price of Bitcoin this past Christmas to New Year created a minor bubble then resulting in rapid decline in price in the next week.  At least Bitcoin is stable now at $790 - $830, I was worried that it might go down to sub $600 when the continue fall of Bitcoin from $1000+ to sub $800 happen.

It's just simply annoying when the correction after skyrocketing way too deep
We should stay at least in $850 after hitting the $1150 or so
And keep growing after , unfortunately the fact recently it shows how the price could possible down deeper
Everyone worry about it no doubt, so panic selling will still happened.

I think panic selling have passed couple days ago. Bitcoin seems going to rise and as I see it's price doesn't going under 800$ for some days. And I hope bitcoin will continue to add dollars to it's price day by day.

It's just paused , once china market gone wild the panic selling will continue
It's always be like that , chinese try to conquer bitcoin world by its power of big player
I wish the panic selling really ended , but the fact that cina market like huobi keep dumped
It' indicated that they still in the game , don't know what they want , one thing for sure it's all about money.

A huge amount of US dollars was lost and transferred out of CHina due to money laundering and it has negative impacts on Chinas Economy. Selling bitcoins in exchange for dollars will replenish their reserve and will stabilize their economy. CHina is very smart to get a huge volume of bitcoin and they will manipulate bitcoins price since they have the power to do that.

But i don't think it will make the bitcoin market affected too much
A down price might happened temporarily but  not for long time that can break everyone lives
Just don't be too optimistic about this you may can get hurt expecting something nothing.

[lordquanta]

I missed the price updates before the Christmas day ends until January 12 and I was shocked seeing that the value has been already decreased. It's okay at least I still have my coins in my wallet, I am hoping that this continues falling down will change to increasing again.

I think it's really hard for bitcoin to restore its price until $1100 again or even surpasses it, as someone said that bitcoin price when it just reached $1100 is overbought and will eventually finding its stable point when people have made a decision to sell their bitcoin massly and it's proven to be happened and the price was decreasing in just short amount of time.

It will take some time probably months, and yes it was a bubble as other say it.  The rapid increase in price of Bitcoin this past Christmas to New Year created a minor bubble then resulting in rapid decline in price in the next week.  At least Bitcoin is stable now at $790 - $830, I was worried that it might go down to sub $600 when the continue fall of Bitcoin from $1000+ to sub $800 happen.

It's just simply annoying when the correction after skyrocketing way too deep
We should stay at least in $850 after hitting the $1150 or so
And keep growing after , unfortunately the fact recently it shows how the price could possible down deeper
Everyone worry about it no doubt, so panic selling will still happened.

I think panic selling have passed couple days ago. Bitcoin seems going to rise and as I see it's price doesn't going under 800$ for some days. And I hope bitcoin will continue to add dollars to it's price day by day.

It's just paused , once china market gone wild the panic selling will continue
It's always be like that , chinese try to conquer bitcoin world by its power of big player
I wish the panic selling really ended , but the fact that cina market like huobi keep dumped
It' indicated that they still in the game , don't know what they want , one thing for sure it's all about money.

A huge amount of US dollars was lost and transferred out of CHina due to money laundering and it has negative impacts on Chinas Economy. Selling bitcoins in exchange for dollars will replenish their reserve and will stabilize their economy. CHina is very smart to get a huge volume of bitcoin and they will manipulate bitcoins price since they have the power to do that.

But i don't think it will make the bitcoin market affected too much
A down price might happened temporarily but  not for long time that can break everyone lives
Just don't be too optimistic about this you may can get hurt expecting something nothing.

Very true. Todays bitcoin prices are showing recovery from dropped price of $750.  In fact from that point, market has shown uppish trend so far.  It would be real interesting to observe effect of Trump becoming President of America.

[Gatorelf]

+ $100 in a week and holding, impressive. The Trump effect ?  Still not sure on that but he definitely had an effect on the stock market hitting new highs across the board   

[Betwrong]

+ $100 in a week and holding, impressive. The Trump effect ?  Still not sure on that but he definitely had an effect on the stock market hitting new highs across the board   

It's Trump or not but the BTC is over $900 now and it looks like it's not going to fall below that mark. I'm sorry for the people who were selling their coins at $750 thinking it will go even further down in the future.

[bitcoinvest]

It's a very hard thing, i mean the decision of the people who at that point sold.

Generel i am a holder and i want to sell after 5-10 years from now and at that time if it goes how i think i will not need to sell more than 4-5.

Maybe many many more if i have back my coins from gox....


But general i have one proposal that for me worked all the time until now. When you going to make a decision DO NOT read the chat or trollbox etc on the exchanges... you will 100% have lost....

Make your call and blaim yourself ONLY. you deserve to win or lost but i can't understand how people are getting emotional and make decisions according to what other people said at that time (that 99% are waiting with a buy order little down the road or getting paid to write panic words )

keep in mind people.

BTC has made it, we are here at 2017 and we are at $917 at posting time...

We have a future here. And this future will change Significant our lifes

[Redrose]

+ $100 in a week and holding, impressive. The Trump effect ?  Still not sure on that but he definitely had an effect on the stock market hitting new highs across the board   

No, I think you guys are searching for hypothetical reasons for this great increase. The great increase that led to 1000$+ could be linked to India and China for me, but this one is simply as everytime with a great increase in price a consecutive increase.

[maku]

+ $100 in a week and holding, impressive. The Trump effect ?  Still not sure on that but he definitely had an effect on the stock market hitting new highs across the board   

It's Trump or not but the BTC is over $900 now and it looks like it's not going to fall below that mark. I'm sorry for the people who were selling their coins at $750 thinking it will go even further down in the future.

Trump has very little to do with forming of current bullish trend. US fiscal policy is not changed since he became a POTUS, dollar was and is it still weak.
Chinese traders are forging bitcoin price. It is simple that they realized that FUD about closing exchanges/banning bitcoin and introducing draconian laws is now over.

[bit1]

+ $100 in a week and holding, impressive. The Trump effect ?  Still not sure on that but he definitely had an effect on the stock market hitting new highs across the board  

No, I think you guys are searching for hypothetical reasons for this great increase. The great increase that led to 1000$+ could be linked to India and China for me, but this one is simply as everytime with a great increase in price a consecutive increase.

In point of fact I think you're right, those two countries have a very strong presence inside BTC, has been seen in the last days, but do not detract from any of the others because as soon as some start selling in large quantities of insurance another will buy the same amount, if not how it could be explained that it is already returning to the same levels at the beginning of the year, In the same way you can see that there is confidence at the moment because the price was expected to fall to lower levels, therefore it can also be a mishmash of various things, the truth is that until now  it would be better to observe price  in the long term, because it has happened that people believe that it will continue to rise in value in short time and nothing! sometimes happens that the price collapses in a few hours.

[rizkyhiw]

I missed the price updates before the Christmas day ends until January 12 and I was shocked seeing that the value has been already decreased. It's okay at least I still have my coins in my wallet, I am hoping that this continues falling down will change to increasing again.

I think it's really hard for bitcoin to restore its price until $1100 again or even surpasses it, as someone said that bitcoin price when it just reached $1100 is overbought and will eventually finding its stable point when people have made a decision to sell their bitcoin massly and it's proven to be happened and the price was decreasing in just short amount of time.

It will take some time probably months, and yes it was a bubble as other say it.  The rapid increase in price of Bitcoin this past Christmas to New Year created a minor bubble then resulting in rapid decline in price in the next week.  At least Bitcoin is stable now at $790 - $830, I was worried that it might go down to sub $600 when the continue fall of Bitcoin from $1000+ to sub $800 happen.

It's just simply annoying when the correction after skyrocketing way too deep
We should stay at least in $850 after hitting the $1150 or so
And keep growing after , unfortunately the fact recently it shows how the price could possible down deeper
Everyone worry about it no doubt, so panic selling will still happened.

I think panic selling have passed couple days ago. Bitcoin seems going to rise and as I see it's price doesn't going under 800$ for some days. And I hope bitcoin will continue to add dollars to it's price day by day.

It's just paused , once china market gone wild the panic selling will continue
It's always be like that , chinese try to conquer bitcoin world by its power of big player
I wish the panic selling really ended , but the fact that cina market like huobi keep dumped
It' indicated that they still in the game , don't know what they want , one thing for sure it's all about money.

A huge amount of US dollars was lost and transferred out of CHina due to money laundering and it has negative impacts on Chinas Economy. Selling bitcoins in exchange for dollars will replenish their reserve and will stabilize their economy. CHina is very smart to get a huge volume of bitcoin and they will manipulate bitcoins price since they have the power to do that.

But i don't think it will make the bitcoin market affected too much
A down price might happened temporarily but  not for long time that can break everyone lives
Just don't be too optimistic about this you may can get hurt expecting something nothing.

Very true. Todays bitcoin prices are showing recovery from dropped price of $750.  In fact from that point, market has shown uppish trend so far.  It would be real interesting to observe effect of Trump becoming President of America.

Looks like we will just stay sr current range for quite long time
Yeah around $800 to $950 , there is stagnant demand
Some people waiting for trump policy on economics field especially bitcoin
Wish whatever it is could bring more people to use / adopt bitcoin in their business.

[maker88]

compared to the usual drops after these run ups, it is not in any way significant.

[Pettuh4]

+ $100 in a week and holding, impressive. The Trump effect ?  Still not sure on that but he definitely had an effect on the stock market hitting new highs across the board   

It's Trump or not but the BTC is over $900 now and it looks like it's not going to fall below that mark. I'm sorry for the people who were selling their coins at $750 thinking it will go even further down in the future.

I think you got it right but I don't believe it's all due to Trump, I'm pretty sure a lot of people sold their bitcoins after the first drop this January and that might be the reason it devalued further to $750 but it's relatively stable now and hovering around $900 seems pretty cool but I doubt any Trump effect.

[batang_bitcoin]

compared to the usual drops after these run ups, it is not in any way significant.

Yeah no significance that bitcoin is going to be back at $750 from now. But what is happening now it makes me happy that the flooring price now is good at $900 and it is still gives me hope that the price of bitcoin is going to be back at $1,100. But while waiting for the price increase, somehow it bothers me if the price will go down.

[BitFinnese]

+ $100 in a week and holding, impressive. The Trump effect ?  Still not sure on that but he definitely had an effect on the stock market hitting new highs across the board   

It's Trump or not but the BTC is over $900 now and it looks like it's not going to fall below that mark. I'm sorry for the people who were selling their coins at $750 thinking it will go even further down in the future.

I think you got it right but I don't believe it's all due to Trump, I'm pretty sure a lot of people sold their bitcoins after the first drop this January and that might be the reason it devalued further to $750 but it's relatively stable now and hovering around $900 seems pretty cool but I doubt any Trump effect.

Yeah somehow traders realized that the news about china's visit to the exchange is a positive sign and will have a good effect on the long run.  I also does not see that Trump has effect on Bitcoin, so far not yet.  It seems BTC is moving sideway now.  Is it possible that it will move up to $950 this week?

[Malsetid]

compared to the usual drops after these run ups, it is not in any way significant.

Yeah no significance that bitcoin is going to be back at $750 from now. But what is happening now it makes me happy that the flooring price now is good at $900 and it is still gives me hope that the price of bitcoin is going to be back at $1,100. But while waiting for the price increase, somehow it bothers me if the price will go down.

Yeah i don't think theres anything to worry about as currently btc is back to +900 and is now pretty consiatent at that range for a week now. There's been a lot of forecasts that btc may go beyond 1k again this first quarter so im not really concerned but im looking forward for that to happen

[talkbitcoin]

compared to the usual drops after these run ups, it is not in any way significant.

Yeah no significance that bitcoin is going to be back at $750 from now. But what is happening now it makes me happy that the flooring price now is good at $900 and it is still gives me hope that the price of bitcoin is going to be back at $1,100. But while waiting for the price increase, somehow it bothers me if the price will go down.

Yeah i don't think theres anything to worry about as currently btc is back to +900 and is now pretty consiatent at that range for a week now. There's been a lot of forecasts that btc may go beyond 1k again this first quarter so im not really concerned but im looking forward for that to happen

anyone who gets uncomfortable or uneasy with every change in the price, is not an stable person when it comes to money and for these type of people it is always better if they stay away from investment because they will end up losing money because of their emotions and lack of brainpower.