|
reliable
|
 |
July 26, 2017, 03:18:24 PM |
|
The current price is still a high one compare to the price where it hit $200 . Maybe all those people who are in a panic mode are the ones that are just starting to earn bitcoin or trade bitcoin in a high price. They dont have any info about the past price.
i do not think it will ever go back to 200$ in its time. Though there is some selling pressure due to 1st Aug on cards because of which the price is dropping in recent past. But after 1st Aug prices should be on upwards trend itself unless we have some major crash in the market. |
|
|
|
|
|
|
|
|
"Your bitcoin is secured in a way that is physically impossible for others to access, no matter for what reason, no matter how good the excuse, no matter a majority of miners, no matter what." -- Greg Maxwell
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
|
|
|
|
|
finzyoj
Sr. Member
 Offline
Activity: 644
Merit: 255
CryptoTalk.Org - Get Paid for every Post!
|
|
July 26, 2017, 08:46:16 PM |
|
At this time its normal, compare to the past price the bitcoin is high. From $400 to $2,500 I think we don't need to panic, as what I observed it dump but it easy to recover.
And another reason is the news that will happen on august 1, maybe others are panicking, so they sell their bitcoin to make sure that they have an income, in this situation the price goes down. For me, the bitcoin market works good and now they need to upgrade to give a good service to the user, so don't panic, its for our good.
|
|
|
|
|
CrowdFunder
|
|
July 26, 2017, 09:09:31 PM |
|
The current price is still a high one compare to the price where it hit $200 . Maybe all those people who are in a panic mode are the ones that are just starting to earn bitcoin or trade bitcoin in a high price. They dont have any info about the past price.
i do not think it will ever go back to 200$ in its time. Though there is some selling pressure due to 1st Aug on cards because of which the price is dropping in recent past. But after 1st Aug prices should be on upwards trend itself unless we have some major crash in the market. Well there is also a possible chain split later this year when they go for a 2 mb hardfork. That could start the process of fear and panic all over again. |
|
|
|
|
BitcoinGirl.Club
Legendary
Offline
Activity: 2772
Merit: 2713
Farewell LEO: o_e_l_e_o
|
|
July 26, 2017, 09:15:42 PM |
|
The current price is still a high one compare to the price where it hit $200 . Maybe all those people who are in a panic mode are the ones that are just starting to earn bitcoin or trade bitcoin in a high price. They dont have any info about the past price.
Price is still high but i do not get the comparison with the $200 when its currently 10fold. IMO price is only falling because people are moving funds out of wallets they can not control to prepare for Aug 1 and not necessary panic time. |
|
|
|
|
Seeker01
|
|
July 27, 2017, 12:13:19 AM |
|
We dont need to panic, because this happened so many times, many times that the price of btc years ago from $2k drops down to $700 but look at the price now it still up, every market is volatile so expect the ups and downs of the price just hold on and you will be a winner in the future.
|
|
|
|
|
|
Nevis
|
|
July 27, 2017, 12:33:44 AM |
|
No its not a panic time my brother,everyone and all of investors are expecting huge price drop on bitcoin before august 1 will be in and hard fork will happen,so no panic selling its predicted already
|
|
|
|
|
|
Pattart
|
|
July 27, 2017, 12:50:10 AM |
|
The current price is still a high one compare to the price where it hit $200 . Maybe all those people who are in a panic mode are the ones that are just starting to earn bitcoin or trade bitcoin in a high price. They dont have any info about the past price.
Yeah I think compared to the price some time ago that had dropped to $ 2200. The current price still includes a high price because the current price is still between $ 2500- $ 2600 and if you are patient and not panic of course you will get a higher price and get a profit |
|
|
|
|
|
roll on
|
|
July 27, 2017, 05:11:42 AM |
|
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 need to panic. Bitcoin's volatility is quite unpredictable. We don't know when will the inflation take place. It is a bit normal for the dipping of its value, because it depends on the market's demand. Those who are panic selling just want to assure that they'll get something high in return, specifically, when the price is still high. Lots of people are worried becase of the dumps. Knowing the fact that Bitcoin is growing fast, I think ther's a reason to still hold yoyr wealth and observe what will happen. |
|
|
|
|
BeGoods
Legendary
Offline
Activity: 1372
Merit: 1008
|
|
July 27, 2017, 05:45:10 AM |
|
No its not a panic time my brother,everyone and all of investors are expecting huge price drop on bitcoin before august 1 will be in and hard fork will happen,so no panic selling its predicted already
Should be many people who expect that there will be a very large panic selling resulting in a very large price decline. But the exact opposite of the price is still very high above $ 2500. And the remaining is 4 days before 1 August (segwit or hardfork) is it panic selling will happen before that day? |
|
|
|
|
|
AK47-
|
|
July 27, 2017, 05:55:24 AM |
|
Before panicking, People should remember what happened during Mt. Gox. How Bitcoin turned to $200 from $1000 in a small span of time. People thought it would be an end to Bitcoin. But it wasn't. It bounced back and gave huge profit to the investors. Bitcoin is profitable asset in long term. This thing should be kept in mind while investing in Bitcoin. These small ups and downs means nothing in Bitcoin market. Have patience and enjoy the profits Bitcoin has to offer. I have been investing in various assets. But trust me none is better than Bitcoin on the terms of risk and returns.
|
|
|
|
|
|
kidoseagle0312
|
|
July 27, 2017, 06:33:55 AM |
|
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 $2,800 again after the correction that happened days ago.
I have read that the decline can partly be contributed to newcomers especially neophyte traders who still have to be well-versed on the market...and can easily be ignited to do panic selling once they can fell that anything can be wrong.
Against this backdrop...are you holding on to your Bitcoin or transferring it into another digital currency?
It is true that bitcoin dropped to 2,351$ but now it is already resume and pumped the value a couple of days passed. Actually, we don't need to be panic even the price goes down because it will surely 100% go back to its original price. |
|
|
|
|
Zooplus
Legendary
Offline
Activity: 1106
Merit: 1000
|
|
July 27, 2017, 07:08:51 AM |
|
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 $2,800 again after the correction that happened days ago.
I have read that the decline can partly be contributed to newcomers especially neophyte traders who still have to be well-versed on the market...and can easily be ignited to do panic selling once they can fell that anything can be wrong.
Against this backdrop...are you holding on to your Bitcoin or transferring it into another digital currency?
It is true that bitcoin dropped to 2,351$ but now it is already resume and pumped the value a couple of days passed. Actually, we don't need to be panic even the price goes down because it will surely 100% go back to its original price. I am not surprised with that anymore, I have been trading for almost 3 years and I have seen it regularly. At first I did panic but eventually I fully understand that it's just like a game and if you are weak you will lose in the game. Check the price now, some might regret because they are weak. |
|
|
|
|
chichigirl
Sr. Member
Offline
Activity: 588
Merit: 251
HELENA
|
|
July 27, 2017, 07:37:59 AM |
|
I need to secure my bitcoin, I just recently convert my bitcoin into USDT to preserve the value of my bitcoin and to secure also for the upcoming august one or hardfork.
|
|
|
|
|
Fireblade
|
|
July 27, 2017, 12:51:36 PM |
|
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 $2,800 again after the correction that happened days ago.
I have read that the decline can partly be contributed to newcomers especially neophyte traders who still have to be well-versed on the market...and can easily be ignited to do panic selling once they can fell that anything can be wrong.
Against this backdrop...are you holding on to your Bitcoin or transferring it into another digital currency?
It is true that bitcoin dropped to 2,351$ but now it is already resume and pumped the value a couple of days passed. Actually, we don't need to be panic even the price goes down because it will surely 100% go back to its original price. i think the price of bitcoin trading so much stable, although it has been dropped up to some level but still i think it is trading in a good value and it is also expected that the price of bitcoin will raise too much high specially after 1st August. |
|
|
|
|
keeee
Sr. Member
Offline
Activity: 574
Merit: 267
" Coindragon.com 30% Cash Back "
|
|
July 27, 2017, 12:59:49 PM |
|
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?
Sir it is normal, we don't have reason to panic. Having no stable value is one known characteristic of bitcoin. There are times that it may dump but suddenly it will pump again. Just like what will happen on August 1, this became a panic for many bitcoin users before since it is not clear at that time. |
|
|
|
blue_dragon
Full Member
Offline
Activity: 251
Merit: 100
Powered by Artificial Intelligence & Human Experts
|
|
July 27, 2017, 02:46:05 PM |
|
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 am trying to only hold onto my Bitcoins because the price per coin is very likely to have a large price in the upcoming years. If I make a bunch of Bitcoins I will try to only sell portions of it instead of selling a whole Bitcoin for fiat. Thats the best thing to do, because even though bitcoin pumping and dumping its value continuously I think a big possibility of ranging it value way back then is high, if you keep bitcoins you dont have to worry. |
|
|
|
wuvdoll
Legendary
Offline
Activity: 1442
Merit: 1025
|
|
July 27, 2017, 08:25:30 PM |
|
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. i always think about the basic economics system where demands and supply takes a big roles here , and cosidering bitcoin has a fixed supply , it is just the matter of time to make bitcoin rare and people demands keep coming , it will guarantee the price of bitcoin skyrocketing! no wonder everytime the market in freefall there is always a bounce back later, i have no doubt in bitcoin. you just need to have a better point of view judging and deal with the panic selling time. Supply and demand economic system can apply here also, because bitcoin is in continuation process of mining but it is also right that bitcoins are fixed. There are 21 million bitcoins exist in the system but it has not been mined totally yet, so this time we cannot assume that supply of bitcoin has ended, at the other hand, it is also a fact that demand graph is very much high in the market. In real bitcoin is not falling, it is just a fear among the people. |
|
|
|
|
coinplus
Legendary
Offline
Activity: 1386
Merit: 1058
|
|
July 27, 2017, 08:28:54 PM |
|
I do not panic with the declining bitcoin prices, because it happened in the past. The price may go down but it will rise higher again from the peak of the past. So do not panic yes, it's just the price of the price and it gets better again.
I agree with you that it is not happening 1st time spreading fear among the people to stop buying bitcoin and avoid bitcoin business. We have already seen the same situation in past and consequently we have seen that the price of bitcoin get rise triple and 4th time. Two year ago in 2015 we have faced the situation and don’t afraid of such kind of panics. |
|
|
|
|
|
the rise
|
|
July 27, 2017, 08:35:09 PM |
|
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. i always think about the basic economics system where demands and supply takes a big roles here , and cosidering bitcoin has a fixed supply , it is just the matter of time to make bitcoin rare and people demands keep coming , it will guarantee the price of bitcoin skyrocketing! no wonder everytime the market in freefall there is always a bounce back later, i have no doubt in bitcoin. you just need to have a better point of view judging and deal with the panic selling time. Supply and demand economic system can apply here also, because bitcoin is in continuation process of mining but it is also right that bitcoins are fixed. There are 21 million bitcoins exist in the system but it has not been mined totally yet, so this time we cannot assume that supply of bitcoin has ended, at the other hand, it is also a fact that demand graph is very much high in the market. In real bitcoin is not falling, it is just a fear among the people. We are not required to panic, but if you look at UAHF conditions that will apply, I'm sure more than 50% of people will experience panic, this did not happen in march because this time bitcoin will upgrade the system and have a big risk in solving it. Once again the panic is not an obligation, we just need to be more vigilant and start action on using cold/hard wallet. |
|
|
|
|
deppil
|
|
July 27, 2017, 11:50:29 PM |
|
No its not a panic time my brother,everyone and all of investors are expecting huge price drop on bitcoin before august 1 will be in and hard fork will happen,so no panic selling its predicted already
I think the selling panic has happened a few days ago when the price dropped to $ 2200 because of the hardfork that will happen. And then the price goes back up to $ 2500, I do not know what keeps the price back up, maybe a lot of users are already convinced that bitcoin will get through the problem well |
|
|
|
|
|
