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Author Topic: Bitcoin Drops Below $5,000, So sad!  (Read 3382 times)
stolendata
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September 11, 2017, 11:25:17 PM
Last edit: September 13, 2017, 01:15:50 AM by stolendata
 #101

Well right now it dropped to $4200 each bitcoin, there is too much FUD around this forum about Bitcoin right now, all because of the Chineses. I dont understand why they dont want bitcoin in their lifes, it is so weird, i can not understand it.
But what is gonna happen when United States is gonna do the same? It would be a massively FUD and i dont know what is gonna happen after that.

well it is right that there are so many reasons which are causing the current decrease in the price of bitcoin but still i am hopeful that very soon bitcoin price will start increasing again and hopefully it will recover its previous position very soon, because bitcoin has a very strong support form trader side and they are not letting bitcoin to fell down anymore.
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September 11, 2017, 11:58:44 PM
 #102

Bitcoin price can not constantly increase without any correction, simply because people want to cash out their profits.
Bitcoin fluctuations seems repeatedly, the rule still the same; if bitcoin reach another ATH, it will drop because massive sell off by people who bought at lower prices. It takes time to recover and reach $5000 again, but we know it will be.
The good news is, $4000 is a good price for new entry point, more people could afford to buy more coins at this point, consider it as discount time for everyone who wants to invest in bitcoin.
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September 12, 2017, 12:05:40 AM
 #103

Pretty sure it will go up again very soon,
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September 12, 2017, 12:16:34 AM
 #104

I'm rather happy since I prefer lower prices than higher prices. I regret I didn't sold my BTC but just closed buy position.
Current lower price of bitcoin hopefully will create a new, better entry point for new crypto investors so it is not a big deal.
With every decline of the price we have higher ATH next time, it is a natural circle of life in bitcoin ecosystem.
From my experience I can tell you that rumours an news from China were always greatly exaggerated - we heard multiple times about chinese potential bitcoin ban - nothing happened so far.
ICO ban is totally different, even I think that rampant ICO project needed to be regulated - just maybe not by a hard ban.
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September 12, 2017, 12:20:36 AM
 #105

It was a big drop since then... but I think this is not the moment to panic. As they say, after a big drop, the chances are bigger of a big pump.
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September 12, 2017, 05:32:12 AM
 #106

chances are it will always happen after big drop will come big pump, and in my opinion at the end of this month big pump will be able to raise bitcoin price to $ 5000.
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September 12, 2017, 05:36:02 AM
 #107

don't be panic, the price will always to go up but we need to waiting first. if we can make a profit because of the price drop then its good but if we don't then we only need to wait. but I wonder and curious about there is many people in the market is still panic even they know that the price will be back normal soon.

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September 12, 2017, 06:19:30 AM
 #108

don't be panic, the price will always to go up but we need to waiting first. if we can make a profit because of the price drop then its good but if we don't then we only need to wait. but I wonder and curious about there is many people in the market is still panic even they know that the price will be back normal soon.
bitcoin prices do not need to be feared when there is a decline. the price of bitcoin is projected to rise again some time ahead. today bitcoin prices are experiencing pragmantasi decline and increase the instens, still too much news that is very easy to make bitcoin prices fluctuate.
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September 12, 2017, 06:27:04 AM
 #109

Bitcoin Drops Below $5,000,  news source - coindesk..
Coz, biggest sell-off since mid-July.

So, it can drop to 4k usd.

So!! need patience..

Best of luck guys
It will be in favor with the investors especially those who are buying Bitcoin. But we don't need to panic whith this situation such as this because we all know that Bitcoin is volatile. Backdrops and downfalls are always expected such that fluctuations seems to be normal in Bitcoin. It will then again increase, and as you've said, we just need to be patient and wait.
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September 12, 2017, 10:42:33 AM
 #110

Bitcoin Drops Below $5,000,  news source - coindesk..
Coz, biggest sell-off since mid-July.

So, it can drop to 4k usd.

So!! need patience..

Best of luck guys
It will be in favor with the investors especially those who are buying Bitcoin. But we don't need to panic whith this situation such as this because we all know that Bitcoin is volatile. Backdrops and downfalls are always expected such that fluctuations seems to be normal in Bitcoin. It will then again increase, and as you've said, we just need to be patient and wait.
Whenever the price falls weshould not really get panic or we shuld take it as a chance or opportunity for us to buy some more. Bitcoin have the ability to increase as time paased by just be patient.

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September 12, 2017, 10:57:55 AM
 #111

It's not a matter of being sad as bitcoin price will rise once again in a matter of time once the FUD about the ICO ban in China rests, and then bitcoin price will rise again.
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September 12, 2017, 03:32:27 PM
 #112

Be patient, and I'm sure there's no need to wait for a long time $ 5000 price will pass soon. like the year before, usually year-end prices will skyrocket, so do not sell bitcoin for a price below $ 5000.
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September 12, 2017, 09:47:58 PM
 #113

For full a month a prayed for bitcoin price can go lower at $2000 hehehe
or $200, the price is now so high for a little player like me T_T
And don't pray that it will go down at $200 that's very low. I observed that the price of bitcoin is quite stable now at $4,100 - $4,200. And if this is the new floor price of bitcoin, well I can't complain with it and it's still high for many of us here but we do really want to see the price of bitcoin hit $5,000 badly.
$200 Cheesy even I'm sure although there will be a big dump but I'm sure it will not be lower than $2000 and I also think if $4000 is the lowest price for now and so on Cheesy might last up to several months ahead. if the bitcoin price is still at $3000 - $ 4000 I do not need to be sad for it.

Very well said, we can't avoid that big dump but it's far from the reality and expectation of many. It's good to see that the price is good now at $4,000 and if it possible to land the closest price it can go is $3,000 and $2,000 is still possible. Those traders that are expecting or want to see bitcoin at $200, really wants to chase up.  Grin



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September 12, 2017, 11:00:48 PM
 #114

It's not a matter of being sad as bitcoin price will rise once again in a matter of time once the FUD about the ICO ban in China rests, and then bitcoin price will rise again.

We shoudl believe that price will rise back again and don't be discourage behind those banning of china because not jud china is the investors of bitcoin. Bigger whales around the world doesn't wan't that to happen and I know they're making ways of it to prevent the crash to happen. So we needed to be patient exactly and be positive and don't lose hope.
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September 12, 2017, 11:21:04 PM
 #115

don't be panic, the price will always to go up but we need to waiting first. if we can make a profit because of the price drop then its good but if we don't then we only need to wait. but I wonder and curious about there is many people in the market is still panic even they know that the price will be back normal soon.
yes that is is right that if we  will not have control over panic selling the difinantly will get in panic and will surely lose a lot of money, therefore i think we need to have good analysis and study about the price of bitcoin and after that we should decide either we need to sell our bitcoins or not, but to me my personal analysis is that that the bitcoin price will not get down any more and will surely start increasing.
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September 13, 2017, 02:16:23 AM
 #116

don't be panic, the price will always to go up but we need to waiting first. if we can make a profit because of the price drop then its good but if we don't then we only need to wait. but I wonder and curious about there is many people in the market is still panic even they know that the price will be back normal soon.
yes that is is right that if we  will not have control over panic selling the difinantly will get in panic and will surely lose a lot of money, therefore i think we need to have good analysis and study about the price of bitcoin and after that we should decide either we need to sell our bitcoins or not, but to me my personal analysis is that that the bitcoin price will not get down any more and will surely start increasing.

Since there is an issue regarding to china the panic selling will surely not stop, thats why we need a hype so that the price of bitcoins would climb up fast and surpass its natural price way back before. But lets just see on what price would be the lowest price of bitcoins and the only thing we can do is to watch or buy when its cheap.

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September 13, 2017, 04:33:04 AM
 #117

don't be sad it's just price correction and also people panic selling right now because they're afraid that bitcoin could not go up anymore but i believed that split won't affect the price of bitcoin in fact bitcoin price rise before this year ends . you just need to hold and trust on bitcoin if you want to grow your bitcoin.
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September 13, 2017, 04:54:11 AM
 #118

don't be sad it's just price correction and also people panic selling right now because they're afraid that bitcoin could not go up anymore but i believed that split won't affect the price of bitcoin in fact bitcoin price rise before this year ends . you just need to hold and trust on bitcoin if you want to grow your bitcoin.
The only thing we can do now is really to hold on to this until its value arise, when we sell now it could be a lose, due to btc dips now into lower $4000 ,im already at lose so I will just wait than sell it.

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September 13, 2017, 04:59:06 AM
 #119

In August, Bitcoin was appreciating way too fast. This dump was expected as well as needed. Such acceleration in price is not natural and always leads to a crash even if it is not so huge and is short termed. Also, China's uncertainty regarding exchange ban has also added to the drop. Bitcoin will recover soon and will again increase gradually.
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September 13, 2017, 05:08:49 AM
 #120

It is below 4000$ less than I expected it to be, it's even at 3900$ and I've been mistakenly calculated it but the good thing is in no time at 3500$ or lesser I will have a chance to buy some to sell on the increasing end. Maybe China's government policy last week triggered this panic selling this few days. I know it's normal but i regretted not to sell my hold when 4900$ is on chart. No worries in my part, I think I'm ready to hold for more months.
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