Bitcoin is Falling...Is it Panic Time?

[lamjed]

we are all chocked about the bitcoin s price.. it s falling down.. it is decreasing with a very high speed. we have really to panic about it but am sur that it will grow up another time.

[charlescoin]

People are really panicking but bitcoin falls up to 30% in a short time quite often, it is just a volatile currency. I am sure the prices will be right back to where they should be in the coming weeks and months anyway.

[migolmigol]

I believe that the Bitcoin price naturally goes down during Christmas and holiday season. This is because everyone is generous on giving gifts and sharing their blessings to others and going out for vacation with family. However, yes some did panic selling which contributes to the drop of demand and price. I am actually guilty of one but I intend to buy again bitcoin next quarte in 2018 as I believe that it will go back up to increase it's value and even become a better year than 2017.

[mia khalifa]

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?

yes bitcoin is currently falling sharply and making new players who buy at the price of $ 19000 is very panic, but for this old player is a very rare moment because bitcoin prices eventually come back down and give the opportunity to buy it again.

[mattmct]

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?

 Theres no need to panic all currency got fall but it will rise soon as posible. The prediction of bitcoin is so high so no need to worries... keep calm and bitcoin

All the big trader are waiting for the chance that when the rate will be fall because when the price fall then trader start buying more and more bitcoins and then hold for the right time when the rate is again increased from the previous rate then they start selling their coins and earning money though this way.

[BILGPS]

yes it is panic for us because we are holding this currency so when prices fall then we are losing hope but it is not the fact that we will disappointed by this bitcoin is good to hold if the price fall it i will be the short term effect and it is not the problem as we know many rise and fall in this currency but still it is highly valuable and famous among the crypto market.

[sunsilk]

People are really panicking but bitcoin falls up to 30% in a short time quite often, it is just a volatile currency. I am sure the prices will be right back to where they should be in the coming weeks and months anyway.

It's a big fall for bitcoin this time and it's like what happened in the past so history repeated itself.

But for now the price is starting to back again and moving across $14,000 from $13,000 and this is just the start of it.

Let's wait for the end of the holiday season and for sure bitcoin is going to recover from this big fall. I wonder on how many of the people here took advantage of buying bitcoin.

[Zertoshi]

Some whales are probably panicking. You don't want to be the last one to cash out

[Granxis]

Yesterday the panickers lost, they sold cheap Bitcoin, but everyone panicked. Only those who believed in Bitcoin did not sell Bitcoin, even there was even more space. Panic only brings damage,low panic is very normal but do not panic.

[ronremsey25]

Dont panic because after the christmas season it is expected the Bitcoin price to rise again. It is said that the price went down because of the christmas season because people are preparing for it and they need the money. And some earn their profit already because of the huge rise that past.

[louisedem]

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 must not be. Despite of the downfall, it must not be implied that you must panic with the bitcoin price drop because yes it may be alarming in some manner but, we must look at it positively that the price drop is a blessing in disguise because the price drop means that it is now the time for buying not just bitcoin but also alternative coins because it is much easier or let us just say more affordable to avail those coins when their prices drops.

[Quidat]

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 must not be. Despite of the downfall, it must not be implied that you must panic with the bitcoin price drop because yes it may be alarming in some manner but, we must look at it positively that the price drop is a blessing in disguise because the price drop means that it is now the time for buying not just bitcoin but also alternative coins because it is much easier or let us just say more affordable to avail those coins when their prices drops.

As a human being,it cant really be avoided for us to worry when bitcoins price tend to dump and seeing our folio is already on reds this is why our actions would really vary on our experience and knowledge. If you are a newbie investor they would would really end up on panicking and decide to sell off because you are afraid that it would fall even more and think off that you would able to cut loss.

[Painbird]

I think it's not panic time,it's just buy & holding time. after Christmas everyone see the magic of bitcoin.but now price is some low  traders will be happy this kind of price.becouse they are know after few days latter bitcoin going to high price,so don't panic.

[geegaw]

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?

 Theres no need to panic all currency got fall but it will rise soon as posible. The prediction of bitcoin is so high so no need to worries... keep calm and bitcoin

All the big trader are waiting for the chance that when the rate will be fall because when the price fall then trader start buying more and more bitcoins and then hold for the right time when the rate is again increased from the previous rate then they start selling their coins and earning money though this way.

Yeah, the price of bitcoin fell sharply is a plan created by big investors, we call them with whale nicknamed, they make the price of bitcoin decrease with the goal of accumulating more bitcoin to control the market and make more profits, many people who do not know and panic often fall into their plans, especially people with weak psychology and new people. With people who know Bitcoin in a long time, this is just a very normal plan, they have experience and they will not make mistakes, they were just surprised when the price of Bitcoin decline but panic selling is never happen to them

[Fantastic33]

I also noticed that. This week was a very sad week because bitcoin's price declines... I panic and converted my botcoins into money. But i was wrong. 2hrs after that, i converted my money back to bitcoin. According to those who replied on my post, they said i should not panic . There are times that its prices decline, and thats normal but it will also increase after several months.

[Tenshe]

I think we still have a lot of year ahead of us before seeing it fall, until it has a replacement, it will continue its meteoric rise

Some people are fear from falling of bitcoin price but I want to explain them when the price of bitcoin is falling then you need to start buying bitcoins because if you can buy bitcoin at that time and then hold them for a time when the rate of bitcoin is increased from the rate at which you bought then you can sale your bitcoin.

They panic because they lack knowledge, this FUD are everywhere and it will affect those people who are weak.
Let them dump and we shall buy cheap bitcoins, besides this will be for our benefits as we are given a chance to make money in a short term.

First of all bitcoin price is not falling its going high even today I check the price of bitcoin its very high and its end of the year and its price is very high every one they are selling bitcoin to take their profit I don’t understand why people are saying bitcoin price is dropping to know about bitcoin our first job must be to check the price of bitcoin and then we can give our comments on it so it’s not true and there is no reality that bitcoin price is dropping.

[Misshi]

It's normal that it declines because of market correction. But it's also because Christmas is coming. So many people sold their money to spend it for Christmas day. After Christmas or maybe first week of next year will be crypto party again.

[Xenoph0bia]

I think we still have a lot of year ahead of us before seeing it fall, until it has a replacement, it will continue its meteoric rise

Some people are fear from falling of bitcoin price but I want to explain them when the price of bitcoin is falling then you need to start buying bitcoins because if you can buy bitcoin at that time and then hold them for a time when the rate of bitcoin is increased from the rate at which you bought then you can sale your bitcoin.

They panic because they lack knowledge, this FUD are everywhere and it will affect those people who are weak.
Let them dump and we shall buy cheap bitcoins, besides this will be for our benefits as we are given a chance to make money in a short term.

First of all bitcoin price is not falling its going high even today I check the price of bitcoin its very high and its end of the year and its price is very high every one they are selling bitcoin to take their profit I don’t understand why people are saying bitcoin price is dropping to know about bitcoin our first job must be to check the price of bitcoin and then we can give our comments on it so it’s not true and there is no reality that bitcoin price is dropping.

No it is not the time to panic as the price of Bitcoin is very volatile and everyday it goes up and comes down.In the last eight years,Bitcoin has gained a new height and has gained a lot of popularity.It has faced many ups and downs in in this period of eight years but has grown a lot and now more and more people want to join Bitcoin and invest in it as the profit margins are very large and they receive their profits in a short period of time.

[Alalex]

No, Bitcoin falls I will not panic. .
Actually I will keep the spirit with high spirit and high confidence.

I believe that bitcoin will not fall too long and invest in digital currency, it may happen in exchange rates.

But most of the time, most people do not know that bitcoin is down because bitcoin prices go back to the adjustment stage, therefore people will lose more than what they will get in time.

If bitcoin falls, what people around the world will worry and some people what will be destitute with the economy of life. .

Why do we think like that, bitcoin just falls briefly. .

[ynatopak14]

i saw several times when bitcoin fell 20% or more in the market value, all I can see is a better future to him once that happens, coz every time bitcoin fell a rise of 2x or more is in the front of it!