BTC Price drops $300

[FrankNoland]

Earlier today, Bitcoin price was close $3000 and reached $3000 in some exchanges, and it's now dropping. This is not good. For how long is going to keep on doing this? But I know it's a good thing for those who are willing to buy their first BTC. Hopefully they just can't wait until it reaches the $1500 mark.

[foxbat]

Earlier today, Bitcoin price was close $3000 and reached $3000 in some exchanges, and it's now dropping. This is not good. For how long is going to keep on doing this? But I know it's a good thing for those who are willing to buy their first BTC. Hopefully they just can't wait until it reaches the $1500 mark.

What makes you want the value of bitcoin to decline? I think we will all suffer a lot if the bitcoin value is only $ 1500. However, I am sure that it will never happen, the value of bitcoin fluctuates constantly, but it is always stable.

[Thelmassey]

I am one of the people waiting to see it reach the $1500 mark so that I can finally own a few, honestly speaking I have been waiting for quite some time now. It seems like the price is no longer going below the $2000 mark.

[LouVandetta]

Earlier today, Bitcoin price was close $3000 and reached $3000 in some exchanges, and it's now dropping. This is not good. For how long is going to keep on doing this? But I know it's a good thing for those who are willing to buy their first BTC. Hopefully they just can't wait until it reaches the $1500 mark.

It's a common thing that bitcoin price drops like that.
It's okay, it's only a matter of time until the price rise again.
As above me saying, we all will suffer if the price drop to $1500, I agree on that one.
But as of now, I think it will only need a few hours or days till it reach its highest price again.

[richsoon]

Earlier today, Bitcoin price was close $3000 and reached $3000 in some exchanges, and it's now dropping. This is not good. For how long is going to keep on doing this? But I know it's a good thing for those who are willing to buy their first BTC. Hopefully they just can't wait until it reaches the $1500 mark.

It looks like a reaction to ETH pumping, people sold their BTC to get in to ETH in time for the rally. It will likely fix itself soon though.

[Souldream]

Earlier today, Bitcoin price was close $3000 and reached $3000 in some exchanges, and it's now dropping. This is not good. For how long is going to keep on doing this? But I know it's a good thing for those who are willing to buy their first BTC. Hopefully they just can't wait until it reaches the $1500 mark.

Even though that the bitcoin price may be going down, still it will can survive it , we all hope that bitcoin price will increase more, and maybe it will go down for a little but still it will make a way to go to the top.

[1Referee]

Earlier today, Bitcoin price was close $3000 and reached $3000 in some exchanges, and it's now dropping. This is not good. For how long is going to keep on doing this? But I know it's a good thing for those who are willing to buy their first BTC. Hopefully they just can't wait until it reaches the $1500 mark.

It's all fine when the price goes up with a few hundred bucks in a short time, but if the price goes down a few hundred bucks, it has become a problem suddenly? 10% drops are a frequent occurrence in current market circumstances, nothing to weird or special here. You can't expect all people to firmly hold their coins without cashing out a small portion of their coins at current levels. Bitcoin for most people is an investment tool after all...

[kelseydustin]

Earlier today, Bitcoin price was close $3000 and reached $3000 in some exchanges, and it's now dropping. This is not good. For how long is going to keep on doing this? But I know it's a good thing for those who are willing to buy their first BTC. Hopefully they just can't wait until it reaches the $1500 mark.

I do not think that the price of bitcoin will drop down to $300 because as you can see, the price of bitcoin is nearly $3000 and a small dump only cause nothing. It will soon recover from the crash and hit $4000.

[Bernardcrosier]

Earlier today, Bitcoin price was close $3000 and reached $3000 in some exchanges, and it's now dropping. This is not good. For how long is going to keep on doing this? But I know it's a good thing for those who are willing to buy their first BTC. Hopefully they just can't wait until it reaches the $1500 mark.

What makes you want the value of bitcoin to decline? I think we will all suffer a lot if the bitcoin value is only $ 1500. However, I am sure that it will never happen, the value of bitcoin fluctuates constantly, but it is always stable.

If I may ask, what do you mean by we will suffer if the price declines to $1500?

[FrankNoland]

Earlier today, Bitcoin price was close $3000 and reached $3000 in some exchanges, and it's now dropping. This is not good. For how long is going to keep on doing this? But I know it's a good thing for those who are willing to buy their first BTC. Hopefully they just can't wait until it reaches the $1500 mark.

It's a common thing that bitcoin price drops like that.
It's okay, it's only a matter of time until the price rise again.
As above me saying, we all will suffer if the price drop to $1500, I agree on that one.
But as of now, I think it will only need a few hours or days till it reach its highest price again.

Suffer in what way? Even if it drops, you know that Bitcoin will always recover

[swogerino]

I am one of the people waiting to see it reach the $1500 mark so that I can finally own a few, honestly speaking I have been waiting for quite some time now. It seems like the price is no longer going below the $2000 mark.

You need to wait until the August 1st date when Bitcoin may fork or at least this is what being talked in this forum and reddit. If it really happens the price will fall down in the first moments because of panic selling so you must wait for this opportunity to own some. Maybe at that time Bitcoin price goes even down further to the 1000 dollars zone. If you can't wait buy a small amount through traders in the forum but make sure you deal with honest people first.

[iamTom123]

I hope you don't mind but I can feel that you are predispose to panic whenever Bitcoin is having some necessary corrections. Please study the rise and fall history of Bitcoin and you can see that there is nothing to worry about. After some correction, Bitcoin can be back moving again upward. The most important thing is that the trend is up. In fact, there are many who are happy that Bitcoin shed some value so they can buy Bitcoin at a lower price.

And you should be instead happy because there are those who can take advantage of this window of opportunity to own some Bitcoin at less cost. Now, that is something worthwhile to think about instead of showing some panicking.

Calm down. Relax. Be happy.

[maokoto]

It is normal that it goes down and up really, new people can get in at slightly lower prices and traders can earn some more. Would be quite boring if it were static.

Yeah, it would be better that it just went up and up, but this is what we have...

[FrankNoland]

Earlier today, Bitcoin price was close $3000 and reached $3000 in some exchanges, and it's now dropping. This is not good. For how long is going to keep on doing this? But I know it's a good thing for those who are willing to buy their first BTC. Hopefully they just can't wait until it reaches the $1500 mark.

It looks like a reaction to ETH pumping, people sold their BTC to get in to ETH in time for the rally. It will likely fix itself soon though.

Surely it will, that moment when people were hoping for the $3000+ stable mark, and the drops again

[gilangIDR]

Earlier today, Bitcoin price was close $3000 and reached $3000 in some exchanges, and it's now dropping. This is not good. For how long is going to keep on doing this? But I know it's a good thing for those who are willing to buy their first BTC. Hopefully they just can't wait until it reaches the $1500 mark.

What makes you want the value of bitcoin to decline? I think we will all suffer a lot if the bitcoin value is only $ 1500. However, I am sure that it will never happen, the value of bitcoin fluctuates constantly, but it is always stable.

Everyone would want a bitcoin price increase. Those who want a downward price in my opinion are the speculators who just want the benefits only. But when bitcoin prices become higher then we can get more money. This can have a positive impact on all those who hold bitcoin in large quantities. But will make most users bicoin suffered losses.

[FlightyPouch]

Earlier today, Bitcoin price was close $3000 and reached $3000 in some exchanges, and it's now dropping. This is not good. For how long is going to keep on doing this? But I know it's a good thing for those who are willing to buy their first BTC. Hopefully they just can't wait until it reaches the $1500 mark.

$1500? that is too much, that is unlikely to happen, we know that everytime it pumps, it will have an equivalent dump, as an investor in bitcoin, and other digital currencies, these kind of dumos are pretty natural. It may be a bad sign, but it is a good sign for someone who want to invest on bitcoin. I think if it reaches $1500? It will just fly back againn to $2900.

[Flodemaga]

Bitcoin always fluctuate up/down is part of it since the first day, soo for those wich wanna to buy this is a good moment to buy and hold, bitcoin is finding support, there isnt news to affect the price, just whales playing with week hands, soo dont get scared because there is a dump, if you follow the market you can see that eth is worthing 0,14 btc and there are people dumping their bitcoins to join those or any other altcoin pump, thats normal.

[FrankNoland]

Earlier today, Bitcoin price was close $3000 and reached $3000 in some exchanges, and it's now dropping. This is not good. For how long is going to keep on doing this? But I know it's a good thing for those who are willing to buy their first BTC. Hopefully they just can't wait until it reaches the $1500 mark.

Even though that the bitcoin price may be going down, still it will can survive it , we all hope that bitcoin price will increase more, and maybe it will go down for a little but still it will make a way to go to the top.

That one I know and understand but what I don't understand is why the sudden $300 drop, in one hour? What are you going to say if the same thing happens even tomorrow? Another $300 drop in one hour and the day after the same thing happens. You can't predict the Bitcoin price

[dunfida]

Earlier today, Bitcoin price was close $3000 and reached $3000 in some exchanges, and it's now dropping. This is not good. For how long is going to keep on doing this? But I know it's a good thing for those who are willing to buy their first BTC. Hopefully they just can't wait until it reaches the $1500 mark.

Waiting for 1500? I don't think soo even we saw sudden price dip of -300 it wont go back again on 1500,theres possibility but it wont happen as of now the price is climbing back again and lucky for those person who purchased on lowest price which is $2600. Don't panic brother, its just normal for price to go down sometimes,remember that bitcoins price is too volatile so expect the unexpected things anytime.

[FrankNoland]

Earlier today, Bitcoin price was close $3000 and reached $3000 in some exchanges, and it's now dropping. This is not good. For how long is going to keep on doing this? But I know it's a good thing for those who are willing to buy their first BTC. Hopefully they just can't wait until it reaches the $1500 mark.

It's all fine when the price goes up with a few hundred bucks in a short time, but if the price goes down a few hundred bucks, it has become a problem suddenly? 10% drops are a frequent occurrence in current market circumstances, nothing to weird or special here. You can't expect all people to firmly hold their coins without cashing out a small portion of their coins at current levels. Bitcoin for most people is an investment tool after all...

yeah, the problem here is the $300 drop in one hour, atleast if it was in a weeks period, then I would understand, 1hour ?