Bitcoin Drops Below $5,000, So sad!

[xuan87]

Why need to be sad, the price now is at very good rate, and it has above my expectations, one day it can be more than 5000$ it just need more time and I think we are not far from 5000$ and it is a good thing if Bitcoin stay above 4000$ and stable at 4500$, we can't force the growth because it can trigger another correction again

[Rajamuda]

Don't be sad, don't panic, it's gonna be ok.. anyway, bitcoin prices are still at a high price i guess. Calm down, i think this is just a momentary / temporary drop, maybe the bitcoin price will lead to high again. Well we can only hope that bitcoin price never drop to $4000 again, hope so.

[RoommateAgreement]

Bitcoin Drops Below $5,000,  news source - coindesk..

bitcoin price never went above $5000 to come below it not. it got close enough but never touched it. and this is not "news" it is just a price report which you can see on any chart!

Coz, biggest sell-off since mid-July.

it was not even big enough to be considered "big". look at the volume of those days and compare it with the volume in a monght like July for example and you can see how small it was.

So, it can drop to 4k usd.

why? !!! just becaue a correction happened?
it may go down to that price but the reason will not be just because it dropped after $4900!
if that happens the reason will be something else which we can not predict now.

[jvdp]

Bitcoin Drops Below $5,000,  news source - coindesk..

bitcoin price never went above $5000 to come below it not. it got close enough but never touched it. and this is not "news" it is just a price report which you can see on any chart!

Coz, biggest sell-off since mid-July.

it was not even big enough to be considered "big". look at the volume of those days and compare it with the volume in a monght like July for example and you can see how small it was.

So, it can drop to 4k usd.

why? !!! just becaue a correction happened?
it may go down to that price but the reason will not be just because it dropped after $4900!
if that happens the reason will be something else which we can not predict now.

To me it's  not a time to sad.It's the very best time to inverse you money in bitcoin. I not have a doubt in bitcoin whether it will raise again or not. Surely it will raise again. If you have a doubt in bitcoin means don't inverse now in bitcoin. But only thing is you will lose the opportunity.

[mharz]

Bitcoin Drops Below $5,000,  news source - coindesk..

bitcoin price never went above $5000 to come below it not. it got close enough but never touched it. and this is not "news" it is just a price report which you can see on any chart!

Coz, biggest sell-off since mid-July.

it was not even big enough to be considered "big". look at the volume of those days and compare it with the volume in a monght like July for example and you can see how small it was.

So, it can drop to 4k usd.

why? !!! just becaue a correction happened?
it may go down to that price but the reason will not be just because it dropped after $4900!
if that happens the reason will be something else which we can not predict now.

To me it's  not a time to sad.It's the very best time to inverse you money in bitcoin. I not have a doubt in bitcoin whether it will raise again or not. Surely it will raise again. If you have a doubt in bitcoin means don't inverse now in bitcoin. But only thing is you will lose the opportunity.

Don't worry guys it is normally happen due to fluctuation of bitcoin and altcoins in the market. Maybe bitcoin take a rest and prepare for the next raising up of this coin in the market. Moreover, all we need to do is to wait for the continues increasing of this crypto.

[malboroman]

Don't be sad, don't panic, it's gonna be ok.. anyway, bitcoin prices are still at a high price i guess. Calm down, i think this is just a momentary / temporary drop, maybe the bitcoin price will lead to high again. Well we can only hope that bitcoin price never drop to $4000 again, hope so.

What are the growht points for bitcoin till the end of the year?

[omonuyak]

Yesterday alone bitcoin lose over $350  and since morning it keeps falling down. The dump is not what I wanted but there is nothing one can really said about it any way. Now provide another opportunity to buy cheap and wait for the next pump. Bitcoin has also drag  others cryptocurrency to dumping position. We expect another push before next week as strong support level close to $4500 has been broken and it will take serous pump to break that level again.

[yugyug]

these last quarters of 2017 is the glory days of bitcoin, you seems to worry about the minor dip of its value and maybe because you start buying in between 3500 to 4999 dollar that makes you panic and FUDding. why not try to hold it until the last month of 2017 and you will see the real christmas gift of bitcoin.

[pieppiep]

Yesterday alone bitcoin lose over $350  and since morning it keeps falling down. The dump is not what I wanted but there is nothing one can really said about it any way. Now provide another opportunity to buy cheap and wait for the next pump. Bitcoin has also drag  others cryptocurrency to dumping position. We expect another push before next week as strong support level close to $4500 has been broken and it will take serous pump to break that level again.

Price is rapidly going down now and there is a full possibility that it can go back to $4k level in next 1 or 2 days and if it does then I will buy some more bitcoins at cheaper price as once it started to go higher we may not see that low price of bitcoin again.

[BitHodler]

Price is rapidly going down now and there is a full possibility that it can go back to $4k level in next 1 or 2 days

We shouldn't be surprised to see it even dip below the $4000 mark. Everything that goes up significantly in a very short period of time, will likely go down in the same fashion ~ it simply wasn't sustainable enough.

Other than that, if we do end up happen to sip below $4000 in the coming days, I will likely start with buying back the coins I sold slightly over the $4950 mark.

If we look at the predictions of Goldman Sachs, they have all been fulfilled when it comes to the high side, but they stated that after that a correction to sub $3000 levels would follow ~ we'll see how this turns out.

I personally don't think we'll be falling down that low, but you never know. It might very well be that Goldman Sachs has adviced its wealthier customers to start unloading, and via that way make the price tank significantly.

[rajuahmed330]

I think the price goes up and down bitcoin, is an opportunity for you to take advantage. if it is true bitcoin prices will go down, maybe this is the right time for you to buy bitcoin. if it really happens then use that opportunity to invest bitcoin. I am sure after that bitcoin price will go up and you will get big profit. that is good news .. you should be prepared to buy bitcoin. prepare money ..

yes sometimes it pumping and sometimes its dumping..

[Adbitco]

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

The very cause of someone's sadness might be the cause of others happiness. While you're sad about the drop in bitcoin prices others see it as an opportunity to buy more. Rise and fall in the prices of bitcoin is just what people make money with so you shouldn't be too happy nor is there any reason for anyone to be too sad looking at the bitcoin prices. Finally I think bitcoin will again reach 5k soon so no need to be worried about the drop in the prices.

[hangar18]

Don't be sad, don't panic, it's gonna be ok.. anyway, bitcoin prices are still at a high price i guess. Calm down, i think this is just a momentary / temporary drop, maybe the bitcoin price will lead to high again. Well we can only hope that bitcoin price never drop to $4000 again, hope so.

Haha just bitcoin drops below $4,000 make you feel worry, do you ready in someday the price of Bitcoin drops below $1,000 again? Of course, there are not many traders can ready all worst situation of market and honestly, I also cannot do that all.

[iqlimasyadiqa]

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

The very cause of someone's sadness might be the cause of others happiness. While you're sad about the drop in bitcoin prices others see it as an opportunity to buy more. Rise and fall in the prices of bitcoin is just what people make money with so you shouldn't be too happy nor is there any reason for anyone to be too sad looking at the bitcoin prices. Finally I think bitcoin will again reach 5k soon so no need to be worried about the drop in the prices.

you are a careful person, indeed for some people this is an opportunity to be able to buy as much bitcoin as possible at cheap prices. currently the bitcoin price is back on the positive treck. even the current price is much better than before the price drop. the impact due to regulation in china did affect and make many people panicked, but now everything is back under control. we will see the future of bitcoin much better.

[bitroxis]

I saw no mention to China banning cryptocurrencies in the thread. I thought that was a major factor of the bitcoin value decrease, am I wrong?

[nidacoinlove]

Why need to be sad, the price now is at very good rate, and it has above my expectations, one day it can be more than 5000$ it just need more time and I think we are not far from 5000$ and it is a good thing if Bitcoin stay above 4000$ and stable at 4500$, we can't force the growth because it can trigger another correction again

Yes exactly there is no need to be sad at the current price of the bitcoin, the price dip and pump are something one should should not get worried at. Honestly speaking I had no idea that bitcoin price will go above $4k this much soon, all I knew was that bitcoin has the potential to grow its price. Bitcoin price is stable at $4500 and this is something that the bitcoin users should admire.
My opinion to all the bitcoin users is to be patient be positive and optimistic also be realistic and observe the potential of bitcoin, if you understand it once you will be satisfied will have no tensions of the time being price dips. 

[Kemarit]

I saw no mention to China banning cryptocurrencies in the thread. I thought that was a major factor of the bitcoin value decrease, am I wrong?

You are correct. Well, we have been seeing the price is going down when we touched $5000. It's a psychological barrier for most traders that's why we suddenly see a price dip. Then surprise, surprise, China declared that they are banning ICO that's why there are subsequent sells triggering panic that why the price plummeted to $4xxx and a almost touching below $3000. The timing of the announcement was really bad, but hey we don't need to be sad, because bitcoin just like before is very resilient in this kind of situation and you will see that it has recovered already at $4500 and we may see $5000 again. We just needed a little patience and not panic and most of all, hodl on our precious bitcoin.

[Barcode_]

Actually it is normal for bitcoin price to drop, I wouldn't even be surprise if bitcoin price drops below $2000 USD, it is possible but the chances for it to happen are very slim nowadays due to traders buying bitcoin at certain price when a massive price drop happens.

[LFC_Bitcoin]

Sad that the price went below $5000? Don't be eidiculous, zoom out on a chart & look at the price 12 months ago. Bitcoin is going in the right direction, the current price is fine & perfectly acceptable.

[Oceat]

This is just normal if you are an investors of bitcoin but the pricing range of bitcoin compared to last month is very low unlike today. There's no need to panic, just stay calm and keep your pace. Don't let your emotion got into you if you are an investor, just hold it longer so you will get your profit when you could sell it to a high price.