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bhabygrim
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September 13, 2017, 07:14:47 PM
 #41

what's happening in the bitcoin?? Why continue his descent? should we Convert bitcoin in php?? Im worried for this, my bitcoin is still down,

Are you panicking? LOL, you can't even consider it a drop. Bitcoin started from less than a dollar to $500, $1000, $2000, and the price now. How can you consider and panic if it drops to a few dollar. It has happened before bitcoin dropped and increased. I wonder why people panic when bitcoin is dropping.

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September 13, 2017, 07:25:24 PM
 #42

what's happening in the bitcoin?? Why continue his descent? should we Convert bitcoin in php?? Im worried for this, my bitcoin is still down,

Are you panicking? LOL, you can't even consider it a drop. Bitcoin started from less than a dollar to $500, $1000, $2000, and the price now. How can you consider and panic if it drops to a few dollar. It has happened before bitcoin dropped and increased. I wonder why people panic when bitcoin is dropping.
I agree. It's not even a bitcoin crash until we see a 50% drop. My gut feeling is a downtrend through the rest of the year to about $2000. But whatever.

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September 13, 2017, 08:56:19 PM
 #43

what's happening in the bitcoin?? Why continue his descent? should we Convert bitcoin in php?? Im worried for this, my bitcoin is still down,

Are you panicking? LOL, you can't even consider it a drop. Bitcoin started from less than a dollar to $500, $1000, $2000, and the price now. How can you consider and panic if it drops to a few dollar. It has happened before bitcoin dropped and increased. I wonder why people panic when bitcoin is dropping.
I agree. It's not even a bitcoin crash until we see a 50% drop. My gut feeling is a downtrend through the rest of the year to about $2000. But whatever.

Nothing to be panic about bitcoin's price crashing, we'll have to wait since then because after that circumstances happening everything will turns out normally. If we take it emotionally panic couldn't be controlled when seriously focused, just let it go and I am confident that this current situations right now will be surpassed. Converting your bitcoins to local fiat cash isn't the right thing to do, and for my analysis those speculator now is trying to spread rumors because they wanted bitcoin price to lowered down. So these people will invest then reverse the psychology after all and regain another rumors into positive thoughts in order that price will pump again. Now whose the gaining or losing here? I believed that those who dump just by reasons of panic or affected with negative speculator, they are the losers here.

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September 13, 2017, 08:58:55 PM
 #44

I agree that there are too many panic sellers in the market right now, but just like someone in this thread said before, they are gonna be the losers once that bitcoin goes up again. Remember that everytime that there was a big dump, there was a very very big pump after that, and you can check the charts for yourself.
It is difficult to accept that you are probably losing money when bitcoin drops, but that is normal, and this is how bitcoin works, and you have to accept it.

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September 13, 2017, 10:09:48 PM
 #45

Today is the right time to buy if you have spare it's good to add your bitcoin holdings.


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September 13, 2017, 10:31:18 PM
 #46

It does not matter if the price is dropping, Just try to wait and read all the good news, Decreasing of the coins value is one of the risk of every traders. I also notice that eth coin value today is decreasing. The current value is just for the mean time, It will still increase eventually.

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September 13, 2017, 10:33:29 PM
 #47

what's happening in the bitcoin?? Why continue his descent? should we Convert bitcoin in php?? Im worried for this, my bitcoin is still down,
I think it is because of the banning of bitcoin in china, which is the one of a big supply of bitcoin. For me I will hold the bitcoin cause it is normal, the price this time is high compare it to the past years. Because of the high price we think that we lose profit, but if we think deeply that price is high. Maybe on those people who buy bitcoin need to panic because of losing some capital.

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September 13, 2017, 10:41:10 PM
 #48

Unless you have made the decision to buy bitcoins at a high price, you must stay calm about the current bitcoin volatility. We must be aware that a strong downward adjustment is possible but still this has been a great year for bitcoin holders. It should be remembered that this year the price started around $1000 usd per bitcoin, so even in the case that the price fell as much as 60 or 70% of its current value to return just above the $1,000 again, we would be closing a year with some profits.

Of course I do not expect or desire such a big fall, but it would always mean a great opportunity to get more bitcoins, because I still think we should not discard a bitcoin price around $10,000 in a few years, despite the uncertainty that the powerful enemies of bitcoin are often used to spread.

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September 13, 2017, 11:32:12 PM
 #49

If you convert your bitcoin now, you will lost your money and then you will regret it when the price go up, just hold on to your coin and dont be panic, wait for a few weeks then the price will go up again, and this situation is normal and there are so many times that bitcoin experienced this situation and in the end bitcoin still the strongest crypto currency

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September 14, 2017, 12:15:55 AM
 #50

what's happening in the bitcoin?? Why continue his descent? should we Convert bitcoin in php?? Im worried for this, my bitcoin is still down,

Bitcoin has always been volatile. The price has had huge gains this year so a correction is not only not surprising but it is to be expected. The price can't just rise forever without some pull back especially if the increases happen over such a short period of time.

I've said many times that these prices are too high for me to buy. I wouldn't even consider buying now unless the price drops below $3000 and even then it seems high. I've bought most of what I have below $1000 and some as low as $200 so these prices seem a bit crazy. I'm glad for the higher prices, I just won't buy at these prices.

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September 14, 2017, 04:10:39 AM
 #51

You dont have to panic. Just relax, its to reserve youre bitcoin. Because the value is more more high, Its better if you dont convert to php, wait for a day or a month, i think in december the value is more high. I think he reach the $6k
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September 14, 2017, 04:36:48 AM
 #52

If you convert your bitcoin now, you will lost your money and then you will regret it when the price go up, just hold on to your coin and dont be panic, wait for a few weeks then the price will go up again, and this situation is normal and there are so many times that bitcoin experienced this situation and in the end bitcoin still the strongest crypto currency
But what will happen if the price of bitcoin will be plunged again? I sure a lot of people will be more panic and try to sold all of their coin as fast as possible before others has done it.
In some reasons this is not a normal correction.


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September 14, 2017, 05:19:16 AM
 #53

I suggest NO instead this is the best time to buy more bitcoin if you have extra funds to buy, dropping price is a very normal situation in bitcoin world no need to panic just relax  and hold your btc.


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September 14, 2017, 05:48:49 AM
 #54

what's happening in the bitcoin?? Why continue his descent? should we Convert bitcoin in php?? Im worried for this, my bitcoin is still down,

Try to read news and articles. The industry itself is volatile so don't be too shocked when the price of Bitcoin is fluctuating. Due to recent fake news and the public statement of the CEO of JP Morgan contributes to the depreciation of the value of the Bitcoin. Should you convert? You can answer your question, It's your strategy and you are the one who has the control over your coins, not other people. Though, There are still a lot of investors are not afraid to invest in this industry, having that said it is still better to be prepared for a sudden twist of faith and always plan for the worst.

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September 14, 2017, 05:54:38 AM
 #55

what's happening in the bitcoin?? Why continue his descent? should we Convert bitcoin in php?? Im worried for this, my bitcoin is still down,
Don't be so over reacted, if you believed that bitcoin has a better future you shouldn't react like that, you've became  childish. I know its your money not mine but be calm and keep holding your coins and let your patience be applied at this point of time.

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September 14, 2017, 06:01:16 AM
 #56

Everyone says "hold, buy as it won't be as cheap as it is now" but once China officially announce that crypto exchanges are banned (in few weeks IMO) then it's price will be $1000 or less. Better sell it now.

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September 14, 2017, 06:39:05 AM
 #57

Don't make it the bitcoin value down at this time is an excessive concern, i think the bitcoin value will not be long again will increasing again, this is while i guess just be patient and keep holding bitcoin owned don't get it in rush.

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September 14, 2017, 06:47:27 AM
 #58

"The stock market is a device for transferring money from the impatient to the patient." Roll Eyes
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September 14, 2017, 06:54:02 AM
 #59

it is depend on demand but i think china ban who effect this down
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September 14, 2017, 07:05:09 AM
 #60

Everyone says "hold, buy as it won't be as cheap as it is now" but once China officially announce that crypto exchanges are banned (in few weeks IMO) then it's price will be $1000 or less. Better sell it now.

I think there is some validity in your statement, but to counter it, take a look at what the Bitcoin price has been doing for the past couple of hours. It's been fluttering around 3,800-3,900. If it was going on a downward plunge, I'd expect the price to have fallen to at least 3,500 by now.

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