Please help me to understand what is happening right now. The value of my bitcoi

[Zocadas]

I will not repeat, what experienced members here in thread already stated. But will give an advice: Before you invest into cryptocurrencies or anything else, make a good research.
Bitcoin is at nearly highest point it ever was. You can see the
price trend for now and past for example on coinmarketcap. So it could be, that BTC could pull back. I don't believe because it is still in uptrend with little downs. But to invest with poor knowledge and then panic was one of my specials and didn't help my profits.  

[FomoATH]

My bitcoins continue to tumble what I will do I have already lost just 10 $ ago by the chinese goverment to stop the operation of the ICOs and now also stop the Exchanger in China. I do not want to reduce the value of my bitcoins yet. Help me enlighten my mind. And explain to me what's happening I'm just a beginner here so I'm scared. Please do not tell me anything bad.

Wait for the moment and at the next fall, try to buy more, and then you will beat not only $ 10 but even more. The main thing is less panic than a cold mind.

[Adbitco]

No need to panic the prices of bitcoin remain volatile throughout the year, today it might be down because of China's ICO ban news tomorrow it might be up because of some good news about bitcoin coming from some other part of the world and don't forget we still have November ahead of us when it is expected to go down further so simply consider it to be a continuous process which keeps taking place throughout the year all we need is patience and not panic and make some wise decisions like buying at the dips and not indulge in panic selling.

[crismass1225]

pal if you cant accept the volatility of bitcoin you must not invest on it at the first place, in the market even in stock exchange everything happen in a minute or seconds, it can go down or up this is one of the characteristic of bitcoin, dont get panic on the announcement and ove of chinese government banning of ICO and Shutting down exchange, maybe they have plans about it for good. Bitcoin is going down right now and it is the good time to buy more soar more, it will increase soon. Our ecosystem are not going down, together with the population everything is going up so does the market, sometimes it need a little correction. so buy more bitcoin as it price go down and hold it till it reach 5000$ again and so on.

[Rachelle]

Im am a newbie. I just heard about this bitcoin. But i dont know what to do? Can anybody help me?

[BChydro]

Im am a newbie. I just heard about this bitcoin. But i dont know what to do? Can anybody help me?

What kind of help you are looking for,did you invest in bitcoin and thinking what to do and if that is the case,my only suggestion would be to hold your coins for a longer time so that you could profit multiple times and buy more coins if you are capable of when the price slides down,if you are looking to learn about bitcoin just go through the newbie stuff and learn things.

[Rachelle]

I dont have any investment here. And i want to earn coins and how to convert it to cash.

[michnelli6]

My bitcoins continue to tumble what I will do I have already lost just 10 $ ago by the chinese goverment to stop the operation of the ICOs and now also stop the Exchanger in China. I do not want to reduce the value of my bitcoins yet. Help me enlighten my mind. And explain to me what's happening I'm just a beginner here so I'm scared. Please do not tell me anything bad.

Yes, before August one, everyone was afraid with lots of “bitcoin is gonna die” and “the end of Bitcoin” stories everywhere on the web, so it dropped even down to $2.5k+. But surprisingly around that August 1st, the price boosted, and we were hitting $3k, suddenly.it was $4k omg. So keep calm

[william8829]

My bitcoins continue to tumble what I will do I have already lost just 10 $ ago by the chinese goverment to stop the operation of the ICOs and now also stop the Exchanger in China. I do not want to reduce the value of my bitcoins yet. Help me enlighten my mind. And explain to me what's happening I'm just a beginner here so I'm scared. Please do not tell me anything bad.

Most people who have been around Bitcoin will tell you about its volatile nature.  They will also tell you to hold.  This is good advice.  You should do this.

When you feel more confident about the cyrptocurrency market you will not feel apprehensive about falling Bitcoin.  You will rejoice.  Rejoice because you will consider these dramatic decreases in price a discount.  You will save some fiat for this very moment and buy.  This confidence will come with experience. 

[Dart18]

I think this is normal. China have issued a -temporary- ban on ico's but some people are panicking.

it is a bit beyond this. the market reacted to the ico news with the initial dip. then, as we were just about to recover from that debacle, the so far unsubstantiated rumor about the Chinese exchanges closing brought the price down AGAIN. we still only have a single source of this rumor, someone over at viabtc that made a doomsday tweet, i believe.

if the rumors are true, this is total shit. notice the price has been hovering in a narrow range, people across all markets are still kind of unsure about all this, and it is showing. at least we arent deadcat bouncing anymore, but we are far from out of the woods yet.

hang tight. worse case scenario, it will flash crash, instead of listing downward slowly. anything is possible, but the market is already poised to react, so this should be quick, if it does happen.

Thank you for a clear answer to ICO news.
I think it is really that exchanges are closing that made a big impact with the value of bitcoin.
There will be a sure selling spree with the users that owns coins there. What else will they do if ever that happened. If it is just a rumor, then someone should be punished doing this right?

[Xester]

My bitcoins continue to tumble what I will do I have already lost just 10 $ ago by the chinese goverment to stop the operation of the ICOs and now also stop the Exchanger in China. I do not want to reduce the value of my bitcoins yet. Help me enlighten my mind. And explain to me what's happening I'm just a beginner here so I'm scared. Please do not tell me anything bad.

I also losing a not so good amount of bitcoin but I am holding mine.  I will not do the same mistake again selling it.  I know that it will goes up again.  I believe in it so it will happen.  It is natural for bitcoin to goes up or goes down.  Its price is volatile.  Trust me it will goes up again.  This is all because the Chinese government prohibits bitcoin.

[stompix]

I dont have any investment here. And i want to earn coins and how to convert it to cash.

Probably you don't have a clue what is really going on around here.
Those coins you want to bad are basically money.
You want to earn money and then convert it to other form of money.

Claiming that you want to earn "coins" shows clearly why this FUD/paranoia is going around here.
Too many are around bitcoin just hoping for "free cash" and too many are treating bitcoin as an investment rather than seeing it as what was actually meant to be : "money".

We need some "authority" to impose somehow all future bitcoin owners a mandatory 8 hours course reading of what BTC really is.

 

[Calangaman]

My bitcoins continue to tumble what I will do I have already lost just 10 $ ago by the chinese goverment to stop the operation of the ICOs and now also stop the Exchanger in China. I do not want to reduce the value of my bitcoins yet. Help me enlighten my mind. And explain to me what's happening I'm just a beginner here so I'm scared. Please do not tell me anything bad.

I guess you have recouped your 10$ and earned even much more by now 

[Ganymede]

Just thinking the same. If he had 10 $ at that time, he will be happy today to have ~12.50 $ 

But be very careful! See my signature.

[Sendibere]

Bitcoins are flactuating, Rising and falling I mean that it drops it will also drop the value of your bitcoins and if it increases it of course will also increase the value of your bitcoins. Similarly, the price of bitcoins has increased. And I'm sure I'm about 2x the price of $ 10. That's it and you have nothing to worry about. Because if there is a drop there is also a higher and higher than you expected