Bitcoin is Falling...Is it Panic Time?

[Zicadis]

I dont think panic is good, as you can see the price of  fall, but after a weeks it bounce back and go even higher. so for me theres no reason to be on panic because i believe that the price of  will continue rise and hope to reach $4000 this year.

It's no time for panicking right now, we have enough time to hold and the price is good as usual. And let's have some long term plans in  because there's a lot of people who are saying that the price will be good at the end of the year. Be calm and patient which the movement of  and other alt coins as well.

well I don’t think that the time of the panic for  is arrived yet you need to learn more still to get good profit just keep your  save in your wallet and learn more how to enlarge your money easily and how to get good profit from  because I think the price will be more high at august first and the problems of the  will also be removed.

That's a very big mistake if you panic this time and as what I had observed in reality of btc price in the market,  it has been very promising and surprisingly generating better profit as well. To those who did decide quickly and having panics sells from previous 2 weeks ago,  they're on regrets today as price eventually rising and to be compared with a skyrocket.

i think majority of people have now become too much mature and they are not selling bitcoin in right now, in fact now they have better knowledge about the price of bitcoin and and its fluctuating nature, and therefore they are now not creating any panic to sell their bitcoin even on lost but for most of the time they try to hold their bitcoin even in panic like condition.

I have to agree we have matured greatly and are able to make informed decisions at the moment.
AFAIK panicking in any given situation has never been the best choice of action and we need to stay calm and make better judgments to avoid worsening the situation we find our selves in. Instead of panic selling we should react by holding btc then try to understand the market to avoid making losses

[Kersh768]

According to my friend preev.com, as of press time, the value of Bitcoin is standing at $2,351. Though I would say that this still considered as a feat, some are worried because it almost reached $2,800 again after the correction that happened days ago.

I have read that the decline can partly be contributed to newcomers especially neophyte traders who still have to be well-versed on the market...and can easily be ignited to do panic selling once they can fell that anything can be wrong.

Against this backdrop...are you holding on to your Bitcoin or transferring it into another digital currency?

I think is part of BTC's volatility. There are times where dipping occurs and there are also times of its pumps. There are people that do panic selling, there nothing wrong with that because they only want to assure the profit from their wealth. There are those who takes the advantage on those times because they know that its value will again increase, days and weeks after the dump. Still a long way for BTC. Let's just think of deflation as part of BTC's nature.

[DuaLipa]

According to my friend preev.com, as of press time, the value of Bitcoin is standing at $2,351. Though I would say that this still considered as a feat, some are worried because it almost reached $2,800 again after the correction that happened days ago.

I have read that the decline can partly be contributed to newcomers especially neophyte traders who still have to be well-versed on the market...and can easily be ignited to do panic selling once they can fell that anything can be wrong.

Against this backdrop...are you holding on to your Bitcoin or transferring it into another digital currency?

I think is part of BTC's volatility. There are times where dipping occurs and there are also times of its pumps. There are people that do panic selling, there nothing wrong with that because they only want to assure the profit from their wealth. There are those who takes the advantage on those times because they know that its value will again increase, days and weeks after the dump. Still a long way for BTC. Let's just think of deflation as part of BTC's nature.

I know those panic sellers and they're only short term investors or traders. They can't be patient for making money and they sell their coins very frequently. If they wait a bit, they will make real money.

[hardforkcoin]

I think the price is doing just fine lol!

Hope you bought in when it was 1,800

[gabmen]

I think the price is doing just fine lol!

Hope you bought in when it was 1,800

Panic time almost always result to regret time. As we all know niw, btc has recovered well from that brief price drop. If you panicked that time then you may have lost quite some btcs. I was able to buy when it hit just under 2k and have been reaping the rewards of that trust in bitcoin.

[Cult]

Time to sell, dump it all, we are going down!

Anyone dare to predict the floor? $1800? Maybe $1600?

Are you going for cheap altcoins or BCC? Or divide by both?

[flower1024]

I think the price is doing just fine lol!

Hope you bought in when it was 1,800

Panic time almost always result to regret time. As we all know niw, btc has recovered well from that brief price drop. If you panicked that time then you may have lost quite some btcs. I was able to buy when it hit just under 2k and have been reaping the rewards of that trust in bitcoin.

Yup after a big drop now the price is recovered and came to normal price. But today again it started to fall slowly I think next few days we will see a price drop in all coins again. Just check in market cap Bitcoin, and all altcoins price is falling. But don't get panic and sell your coins.

[Crafts12]

According to my friend preev.com, as of press time, the value of Bitcoin is standing at $2,351. Though I would say that this still considered as a feat, some are worried because it almost reached $2,800 again after the correction that happened days ago.

I have read that the decline can partly be contributed to newcomers especially neophyte traders who still have to be well-versed on the market...and can easily be ignited to do panic selling once they can fell that anything can be wrong.

Against this backdrop...are you holding on to your Bitcoin or transferring it into another digital currency?

No it's not  Why do we need to panic? deflations or dipping of the bitcoin's value already happened lots of times, and after a while, it is back into normal or even higher for some instances. It is because of the Bitcoin's nature. It is dependent on the market's demand that affects its value. Manybare panic selling because they think that bitcoin is 'dying', if we will observe the statistics then and now, there are already a big increase compared to before, so I can't see a reason to panic selling, now that is in increasing  just after days.

[Dr.Osh]

If you have been in bitcoin for a long time, I think this is a common thing. Do not panic just because bitcoin prices go down, well, in a few weeks or months, I'm sure, bitcoin prices will surely rise again high.don't quickly panic as prices go down.

[hdclover]

just dont panic because of the stupid rumours of hard fork, etc
bitcoin is the genesis and will always exist, just like internet does.

[hahay]

If you have been in bitcoin for a long time, I think this is a common thing. Do not panic just because bitcoin prices go down, well, in a few weeks or months, I'm sure, bitcoin prices will surely rise again high.don't quickly panic as prices go down.

Yeah this is a common thing, especially this decline already predicted from afar. So there's no reason to panic now, because it should be there is already preparations for this kind of thing, because very strong issues are happening right now.

[kpcian]

if you think that Bitcoin is a currency so that every currency has ups and downs regarding its price or value.
so this thing should be considered as a natural process which denotes a Life cycle of a currency. when it has reached at a pick position then why people didn't think that type of issue. we people only be afraid when we lose. so leave it, keep it up...

[thang long]

just dont panic because of the stupid rumours of hard fork, etc
bitcoin is the genesis and will always exist, just like internet does.

This is what I like to believe. I wasnt always a user. More like on and off, but I did always follow. So to me too this doesn't really look too strange. In the end, all that matters is the amount of food you can buy yourself and family. That being from fiat, self farming, or other ways of living.

[coinplus]

If you have been in bitcoin for a long time, I think this is a common thing. Do not panic just because bitcoin prices go down, well, in a few weeks or months, I'm sure, bitcoin prices will surely rise again high.don't quickly panic as prices go down.

Yeah this is a common thing, especially this decline already predicted from afar. So there's no reason to panic now, because it should be there is already preparations for this kind of thing, because very strong issues are happening right now.

Yes, it is an expected one but I wonder why people lose their faith on bitcoins as this must be the right time to show our confident toward bitcoins and should hold our bitcoins. Because segwit activation will not affect entire system in negative way even chain split will occurs (stronger chain will grow like how eth did). So, this is not honestly a panic time for the reason of segwit activation.

[olubams]

Time to sell, dump it all, we are going down!

Anyone dare to predict the floor? $1800? Maybe $1600?

Are you going for cheap altcoins or BCC? Or divide by both?

People like you are the ones who create the panic here and there so as to further drive the price down. Anyone long enough will know that its expected for price to face some high amount of volatility due to the uncertainties surrounding the scope of events couple with the few days to the activation. But quite an amount of people have realised this and I don't expect the price to crash as a result of that but a drop won't be bad.

[bitllionaire]

If you have been in  for a long time, I think this is a common thing. Do not panic just because  prices go down, well, in a few weeks or months, I'm sure,  prices will surely rise again high.don't quickly panic as prices go down.

Yeah this is a common thing, especially this decline already predicted from afar. So there's no reason to panic now, because it should be there is already preparations for this kind of thing, because very strong issues are happening right now.

Yes, it is an expected one but I wonder why people lose their faith on s as this must be the right time to show our confident toward s and should hold our s. Because segwit activation will not affect entire system in negative way even chain split will occurs (stronger chain will grow like how eth did). So, this is not honestly a panic time for the reason of segwit activation.

yes that is right that bitcoin is now felling down but i think we should not consider it as panic selling. because bitcoin has become so strong and is really getting good support by the investors and still people are not ready to sell bitcoin in panic like conditions.

[Seeker01]

just dont panic because of the stupid rumours of hard fork, etc
bitcoin is the genesis and will always exist, just like internet does.

I agree, people are on panic just because of a lot speculation but in my view bitcoin always survive its downfall, people should realize that bitcoin is now being recognize by many country so meaning the price will always bounce back and goes even higher.

[bncbnc]

If you have been in bitcoin for a long time, I think this is a common thing. Do not panic just because bitcoin prices go down, well, in a few weeks or months, I'm sure, bitcoin prices will surely rise again high.don't quickly panic as prices go down.

Yeah this is a common thing, especially this decline already predicted from afar. So there's no reason to panic now, because it should be there is already preparations for this kind of thing, because very strong issues are happening right now.

Yes, it is an expected one but I wonder why people lose their faith on bitcoins as this must be the right time to show our confident toward bitcoins and should hold our bitcoins. Because segwit activation will not affect entire system in negative way even chain split will occurs (stronger chain will grow like how eth did). So, this is not honestly a panic time for the reason of segwit activation.

yes that is very normal and i do not think that there is any reason to start panic selling i am sure that bitcoin bitcoin will very soon start increasing and this time it is expected that it will cross 4000$ in next few weeks, i think we are just waiting for 1st August.

[abayan]

just dont panic because of the stupid rumours of hard fork, etc
bitcoin is the genesis and will always exist, just like internet does.

I agree, people are on panic just because of a lot speculation but in my view bitcoin always survive its downfall, people should realize that bitcoin is now being recognize by many country so meaning the price will always bounce back and goes even higher.

Its is not only the news that makes more people on panic ,it is a lack of knowledge about bitcoins if you believe for long term like the both of you said there npthing to be worried about ,Some people who doesn't know whats happenings might be panic also because of the price and afraid to lose big amount. Technically there are many circumstances and reasons why people panic but one thing is for sure is due of their knowledge scope in bitcoins or any cryptocurrency.

[secdark]

just dont panic because of the stupid rumours of hard fork, etc
bitcoin is the genesis and will always exist, just like internet does.

I agree, people are on panic just because of a lot speculation but in my view bitcoin always survive its downfall, people should realize that bitcoin is now being recognize by many country so meaning the price will always bounce back and goes even higher.

Those newbie in bitcoin is the one that is on panic when the price is down. Sort of they are thinking that the dump is going deadly that the price reach $0 so they will quicky sell their coin. But those people who are in bitcoin long time ago they will gain profit from the dumps. This is the advantages for traders