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Author Topic: Bitcoin falling again  (Read 13259 times)
relentless1
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September 14, 2017, 12:32:47 PM
 #161

Is there a way to work out what the bottom might be? I dont need to be super accurate but may be +  or - $200

How do you find out support levels?
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September 14, 2017, 12:34:08 PM
 #162

OMG, Bitcoin falling again, current price = 3866USD.
What happen? we losing money every hours. Need exchange BTC to fiat?
Who can explain this situation?


Where have you been, two bad news happened right now about China banning Ico and Jp Morgan chief telling people that Bitcoin is a big fraud, because of this people are now panic selling, I hope it will end next week things not looking good for the crypto currency industry.



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September 14, 2017, 12:37:00 PM
 #163

OMG, Bitcoin falling again, current price = 3866USD.
What happen? we losing money every hours. Need exchange BTC to fiat?
Who can explain this situation?

It is very heartbreaking to see bitcoin's value to go down. Many of my friends has already lost their money and it is not good to hear anymore. Even me, I've lost plenty of money already and it is very alarming. I think it's normal that bitcoin goes down sometimes but I don't find it typical anymore that it is going down so hard. But even though it is what happening, I'm still hoping that bitcoin will increase again so that we can earn more.

Sad to break you the news that bitcoin is already down to $3600 and the dump is still continuing. Yes, we all have lost money because of the price going down but for me I still trusted the system that it will bounce back after this devastating lost that we are seeing. We have been here before and I'm still on the positive side that bitcoin can recover from all of this. We just need to stay calm and not panic sell. I'm still into this for the long haul so I'm not really scared by what we are seeing.

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September 14, 2017, 12:37:57 PM
 #164

Yes first it was China banning ICOs then JP Morgan CEO calling btc fraud and now BTCC China's biggest bitcoin exchange going to suspend trading on September 30. All these news might be contributing to the fall in btc price but I don't think, as most of other members think too, we need to panic. It's all going to be over in a few days and it's not going to be the end of bitcoin. Stay positive and keep holding your bitcoins and if possible buy some more while the price is low.
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September 14, 2017, 12:39:32 PM
 #165

The irony is BTC price might spike back up in a month time because of the possible Segwitx2 with investors trying to get the free major airdrop!

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September 14, 2017, 12:41:41 PM
 #166

as of now its price is only $3600 and i think its still going down until the end of the month. but dont worry about it. it can go back to its price by the next following months so just hold your bitcoins for now. dont think about its falling price. dont panic, just stay cool.

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September 14, 2017, 12:45:27 PM
 #167


What a bummer, the value is being wiped out as we speak and the doom and gloom mongers are out in full force. Anybody lucky to buy it at $3500 should jump on it or forever live in regret. It will never be this cheap again. You have been warned. People always ask what times are best to buy, NOW is that time.
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September 14, 2017, 12:52:20 PM
 #168

I think they will be fool who are thinking that bitcoin price is decreasing day by day . because it is the perfect time to buy bitcoin in fewday its price will be higher and higher.

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September 14, 2017, 12:54:29 PM
 #169

Based on the previous BTC chart, the important support line is around $3K level - hence, the drop might won't be stopped, unless it reaches that level (hope my analysis is wrong...)


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September 14, 2017, 12:58:20 PM
 #170

Yes, this is sad again.  And as the worse part is taking all the crypto's with it.

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September 14, 2017, 12:58:55 PM
 #171

If you don't ask why it is going up  you don't have to ask why it is going down this is not first Chinese ban and it is also not the first time a legal authority critise Bitcoin.

Do not hold sell and buy from cheaper price it is my kndly advise.
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September 14, 2017, 12:59:54 PM
 #172

Yeah, this is kinda normal this happens every time bitcoin is having an issue to a certain country. But for me its not a thing to be panicked I witnessed it every year and bitcoin still goes up after, soon it will pump up over $5k per btc as soon as investors start to buy when the value is currently at low state.

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September 14, 2017, 01:01:31 PM
 #173

Already about $3700. Do not panic< because if all would sell BTC, it will fall more.

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September 14, 2017, 01:02:13 PM
 #174

Based on the previous BTC chart, the important support line is around $3K level - hence, the drop might won't be stopped, unless it reaches that level (hope my analysis is wrong...)



how do you find the support levels? Where did you get this 3k from? If you are true, i want to load more at these levels.
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September 14, 2017, 01:04:22 PM
 #175

Yes, this is sad again.  And as the worse part is taking all the crypto's with it.

NO, this is an opportunity, I am getting some popcorn right now and see how far could this dip go, a lot of Financial business is now on woe and couldn't resist to talk bad mouth due to rise of Bitcoin, they have been disrupted. Cool people, I am just preparing for another Bitcoin buy,  Grin

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September 14, 2017, 01:17:20 PM
 #176

OMG, Bitcoin falling again, current price = 3866USD.
What happen? we losing money every hours. Need exchange BTC to fiat?
Who can explain this situation?


As for my own y point of view about bitcoin, the bitcoin fall is just normal and there is nothing to worry about. It happened before then it increase again. Bitcoin do not have a fixed price right ? So if bitcoin can rise up, it can also fall down. The only sad thing is if this continue for a long time but hopefully not. It will increase its price again but we don't know how long will it takes. The only question here is "does the increase enough to reach the price before it goes down or will it pass that price?"
It is a good time for traders, if I am not mistaken they all grab this opportunity to buy bitcoin and just wait for another skyrocket.

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September 14, 2017, 01:25:02 PM
 #177

Yes, this is sad again.  And as the worse part is taking all the crypto's with it.

NO, this is an opportunity, I am getting some popcorn right now and see how far could this dip go, a lot of Financial business is now on woe and couldn't resist to talk bad mouth due to rise of Bitcoin, they have been disrupted. Cool people, I am just preparing for another Bitcoin buy,  Grin
Yes this is the best time to grab this opportunity were the other people become panic and the other are wanting to grab it in the smallest price that the bitcoin possible to hit.

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September 14, 2017, 02:34:52 PM
 #178

as of now its price is only $3600 and i think its still going down until the end of the month. but dont worry about it. it can go back to its price by the next following months so just hold your bitcoins for now. dont think about its falling price. dont panic, just stay cool.

This is the most sad part that we didn't want to happen, especially those people who were waiting for the bitcoin's price to increase more so that they could convert some, but suddenly, when this news arrived that China banned ICO of tokens, bitcoin's price drop maybe because of the Altcoin holders panicked about selling their token because they know that the price of the Altcoin will be on a DUMP.

Bitcoin's is affected by this, so we are just going to wait for the bitcoin's price comeback and we can convert some bitcoin again to make some profits.


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September 14, 2017, 02:50:24 PM
 #179

as of now its price is only $3600 and i think its still going down until the end of the month. but dont worry about it. it can go back to its price by the next following months so just hold your bitcoins for now. dont think about its falling price. dont panic, just stay cool.

This is the most sad part that we didn't want to happen, especially those people who were waiting for the bitcoin's price to increase more so that they could convert some, but suddenly, when this news arrived that China banned ICO of tokens, bitcoin's price drop maybe because of the Altcoin holders panicked about selling their token because they know that the price of the Altcoin will be on a DUMP.

Bitcoin's is affected by this, so we are just going to wait for the bitcoin's price comeback and we can convert some bitcoin again to make some profits.

Regardless of the current situation. you're forgetting the market pattern and that is if bitcoin pumps fast there will be a huge price crash, after that it will slowly regain its price and everything from the start will happen again. since the time i've been here watching markets. this patter never fails to meet. that's why i'm confident that after some time there will be another pump.

and if those people are really waiting. theres nothing they can do but wait since the price is currently low

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September 14, 2017, 02:53:39 PM
 #180

OMG, Bitcoin falling again, current price = 3866USD.
What happen? we losing money every hours. Need exchange BTC to fiat?
Who can explain this situation?


Yes, this might cause some alarm to other people but if you are already used to the trends that Bitcoin have then you'll know that it is fairly normal for BTC to fall down a bit on its value. This is caused by several factors i. The market and also can raise its calue anytime. The key word here is always patience.

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