Bitcoin falling again

[boyptc]

Don't worry, bitcoin will recover as always. These problems will cease, it's just that these Chinese rumors affected greatly the mentality of many holders that's why the supply is now going up and the demand is falling.

It's down to $3,277 again but as we always observe bitcoin is just on the reddy days now. But afterwards we are about to see the price again at green days. And those news really did affect the whole crypto market, everything seems to be on red. As traders, this is now a big advantage to keep on buying some more bitcoins.

[Ariess]

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

not only you who feel this. many feel the same. obviously we have been harmed by the news from china.

this is very unexpected. but this will end in the 12th month, it is my turning point.

[bhabygrim]

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 happened a lot in the recent years, people are not learning. Why would you panic if it goes down to hundreds of dollars. Bitcoin started with a cost of less than a dollar, if you've had your bitcoin for free or you've bought it cheap, I guess it wouldn't hurt if it goes down a little. Anyways, bitcoin will surely recover, so it's up to you if you will be part of the panic sellers.

[bettercrypto]

You're already a Sr member here but still don't know that this fluctuations are just normal? you know Sr. members have a lot time to stay on this forum and even if you browse on this forum you will see some threads that discussed about the price. So if I were you just relax and this price is still so high compared before from $2000ish, and $3.8-$4k will be the stable price of bitcoin this days so it will not decrease rapidly IMO.

Is this fluctuations? Price decrease more than 1200-1300 uds for 1-2 days.
This is not normal, price today was $3400.. It's serious signal for all trader.
I can't relax today..

It is indeed a fluctuation of price but what more alarming is thge fluctuation is caused by  people panic sellig their Bitcoin after an announcement from one of China's Big Exchang BTC China, that they will cease their operation this last day of September , Sept. 30, 2017.  This solidify the fact about Chinese government shutting down local Bitcoin exchanges though Houbi stated that they have not received any guidelines from Chinese Government.

Huobi, another leading Chinese exchange, confirmed to TechCrunch it has not received guidance from the government.

https://techcrunch.com/2017/09/14/china-bitcoin-exchange-suspended-bttc-china/

[Flyduck]

I don't get you people who say not to worry. Bitcoin is crashing hard and if you had sold yesterday you had not made this extra 600 dollar loss.
It will go back to $2000 levels.

[Gontxi]

Current developments are at the wish of the Chinese state.
China has a big share of the decline in bitcoin prices.

I am sure this will continue to be developed by them, until it drops to the lowest level.

but believe me this will end soon.

[darkangel11]

I don't get you people who say not to worry. Bitcoin is crashing hard and if you had sold yesterday you had not made this extra 600 dollar loss.
It will go back to $2000 levels.

What a great way to make your first post on the forum. Thanks for sharing your expert knowledge

You haven't seen a hard crash if you think this is hard. We are back to prices from just over a month ago. a crash is when you go below the starting point of an uptrend, so we'd have to get to the $900s again and even below that to the point where people are overselling. Saying we're going to $2000 like it was a tragedy proves you have no experience.

[sumonrud]

Right now Bitcoin falling again but I think there is no panic. i think it is just fluctuations and it will rise up day by day. it is not look like a better thing that bitcoin's value is going down. actually Bitcoin do not have a fixed price so it will fluctuations but don't worry about it. it price will be up but how long have take time but we don't know. i think better opportunity to buy bitcoin and just hold on and you will see the result.

[cubevtc]

btc not falling only corection after very fast up in last 2 month
but watch them will goo very deep and will stable at 5500./6000 in next month soo go buy right now

[pixie85]

btc not falling only corection after very fast up in last 2 month
but watch them will goo very deep and will stable at 5500./6000 in next month soo go buy right now

I agree a correction was bound to happen. For Bitcoin to jump from $2000 to $3000 was already a big thing. $4000 and upwards was only a bonus.
I'm sure it will be back to normal before the next fork.

[sarul]

btc not falling only corection after very fast up in last 2 month
but watch them will goo very deep and will stable at 5500./6000 in next month soo go buy right now

Yeah, this is not the first time his falling. Bitcoin experience rise up and falling down drastically almost every year. So, we are just don't worried about it. He is will rise again after that as usual happened.

[Polar91]

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

The current price drop we are experiencing right now is an effect of the issues that come up just recently that affects the current price rate of bitcoin. It is when the China ban the exchange of bitcoin cryptocurrency in their country that really affect bitcoin price because most of the big investors and a big number of population of bitcoin users are located on this country. Also it added on the commotion when bitcoin has been stated to be 'fraud' that really cause for a panic in the bitcoin users. Still hoping that these problems will soon to be resolve and bitcoin can regain what it has loss.

[GreatOrchid]

I am so scared about this recently dump, i didnt expected it to drop from $4300 to $3300 in just hours.. that makes me sad, because i was gonna withdraw some bitcoins today to buy some stuff. But now i can not because that is gonna get me a loss of 28% aprox because of this dump.
But lets see what happens.. But bitcoin seems to vulnerable right now, what would happen to it if usa does the same?

[pecson134]

Though I would not say that this good for the bitcoin's standing, having this up and down movement of its value was still considered as a healthy one because from my opinion is not good when price continuously goes up or down on a straight line.

[blacksky]

This correction is totally independent from any news. After going up from below $1000 to almost $5k in less then 6 months, a larger correction is needed and nothing special. You can ride the waves, or just keep calm, maybe buy some if you think correction is done. Looking at the chart, I would expect a correction in the range of the low e/o May or m/o July just below 2k.

[agatha818]

bicoin is down to 32k+, news about china ban exhcanges and the CEO of JP morgan talking crap about bitcoin, affect the price maybe, but i am not worried coz i know it will rise up.

[Savik]

And we haven't even reached the weekend dump yet  I predict a lot of tears in the next few days.

[batang_bitcoin]

And we haven't even reached the weekend dump yet  I predict a lot of tears in the next few days.

Sure it will be a lot of tears for the next days to come. I'm trying to be strong here and I'm trying to hold on with my belief of just keep on hodling. I can't take it to see the price anymore, I need to take some sleep for now and hoping that after my long sleep today there will be a change in the price of bitcoin, hoping there will be! 

[blacksky]

And we haven't even reached the weekend dump yet  I predict a lot of tears in the next few days.

No tear here. Just waiting for a chance to get some coins at bargain. We will see new highs for sure, but first the correction as to be finished.

[tleilaxu_eyes]

This is just a temporary scare to set the stage for the last big bitcoin sale for the next few years. Sure, it might fall to 2/3 or even 1/2 - that has happened many times throughout a coin's history. But in the end the result is nearly always the same: inevitable recovery and rise to new highs.