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Author Topic: Bitcoin falling again  (Read 13270 times)
sapnu
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September 16, 2017, 11:19:12 PM
 #321

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

China banned ICOs and Bitcoin exchange and since China is one of the biggest market investor of cryptocurrency, it negatively affected all cryptocurrency market value including Bitcoin The backdrops are comtinuous. The best thing I think is to hold. Bitcoin is slowly recovering from the fall and we can see ir already. We need to be patient and wait for the complete recovery of all the coins.

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September 17, 2017, 05:16:31 AM
 #322

It seems to be extremely volatile at the moment I think due to the China situation and some people panicking.
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September 17, 2017, 05:28:08 AM
 #323

It seems to be extremely volatile at the moment I think due to the China situation and some people panicking.
I think all of us no need to worry cause in my opinion I think the reason for this case is some guys trying to dump the price to have chance to buy Bitcoin at the price they want then they will pump it back again to sell it at higher price Smiley. So the best option for now is just holding all your Bitcoin, I believe that its price will be back to over 4k$ soon

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September 17, 2017, 05:34:00 AM
 #324

there is still major problem with exchanges in china. its not simple to just close them. the customer money is gone. so i think bitcoin will keep to go down until the exchange closed down
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September 17, 2017, 10:12:20 AM
 #325

there is still major problem with exchanges in china. its not simple to just close them. the customer money is gone. so i think bitcoin will keep to go down until the exchange closed down

I don't think that the customer money is gone because there is no such information in any source, at least not in any English language source I can find. If you speak Chinese, please tell us what else you know.

Also I'd like to see a comment from someone on the following:

Quote
While the exchanges will no longer be allowed to facilitate the buying of crypto coins using Chinese Yuan and the trading of coins, they will continue to operate international-facing exchanges and other associated services.

Source: https://techcrunch.com/2017/09/15/chinas-three-largest-bitcoin-exchanges-will-all-stop-offering-local-trading/

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September 17, 2017, 10:37:11 AM
 #326

This is what is called the market correction. Sometimes things like this happen when people panic and start selling their own coins. It's completely normal.

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September 17, 2017, 10:41:50 AM
 #327

I guess we do not have to be too panicked, even though the price of the bitcoin is falling will definitely rise and rise again, just be patient, there will be a way out of every problem  Smiley

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September 17, 2017, 10:57:16 AM
 #328

I think Bitcoin is not falling again. in recent times Bitcoin has seen a dramatic change in the price value but it has also come back to its position. Bitcoin is gaining its price. I believe that Bitcoin get back its previous value before the end of this month. so it doesn't matter for falling Bitcoin price.
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September 17, 2017, 11:09:55 AM
 #329

Now it costs about $ 3100 and seems to be about $ 3,000 and I hope it's the lowest price and bitcoin can go up again like it was the beginning of last month ($4800).
I am still hoping that bitcoin can still reach $4800 in the future, don't think always negative, a lot of people will have a panic selling if that's happen again which sometimes causing of why bitcoin is falling. I guess by the end of the year bitcoin will totally recover.



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September 17, 2017, 11:21:06 AM
 #330

I dont see people are  getting this much excite when bitcoin raised from 2000$ to 5000$ now they are panic and asking exchanges people who is having faith on bitcoin for long term they will be winner . Now the trends going down because o china closing bitcoin exchanges.

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September 17, 2017, 11:21:32 AM
 #331

There's Always a reason for that.
1st  : China Situation is a Great Reason Why Bitcoin Price Falls Down.
2nd : This is the Time to all Traders to buy Bitcoin Because It's Price is more Affordable ,
and then They Can Gain times two of it When Bitcoin Price Goes up again.
3rd  :  Bitcoin Will possibly Explode to the biggest Price, after fixing the Major Problems In crypto currency.
4th  :  Bitcoin users Doesn't have to worry, Everything is under control.
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September 17, 2017, 11:28:00 AM
 #332

I dont see people are  getting this much excite when bitcoin raised from 2000$ to 5000$ now they are panic and asking exchanges people who is having faith on bitcoin for long term they will be winner . Now the trends going down because o china closing bitcoin exchanges.

True, I think the price will stay around $3.5k this month until the exchange on china already closed. The question are, where does the china exchange are selling their bitcoin? It's not small amount of bitcoin I think. Who would be a buyer while the exchange should give their customers money? Are they just give'm back their btc or something else.

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September 17, 2017, 11:32:34 AM
 #333

Do not panic, because it's all because of the bad news that is created for the price drop. Now you can buy a lot of coins at a cheap price in order to get a good profit later.

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September 17, 2017, 11:49:23 AM
 #334

It's interesting, sort of a sideways movement. I guess the question is, which way is the next break, up or down?
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September 17, 2017, 11:55:11 AM
 #335

I would like to say everybody not to panic as there will be many rumors out there which will make people panic and sell their coins.
The wise ones will know what to do at situations like these but the poor experienced lose their money in these situations.
The China ban and the statement by Jamie Dimon are the reasons why people are panicking and selling their coins. The prrice of bitcoin has decreased by hundreds of dollars. People who have money can buy now as it is a very good time to buy bitcoins and those who have already bought coins at higher price should hold their coins as there is no other option but to wait for Bitcoin to recover its price. Don't sell at a loss as we know Bitcoin will soon recover its price.
Bitcoin price is dropping and i dont know why i wish it could be recovered soon .hoping for increase and being stable of bitcoin.dont mind the negative comment all we want to do is to pray for the recovering of its price again.

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September 17, 2017, 11:55:21 AM
 #336

Its because of issues that chinese already shout the polycy that china has banned bitcoin and any ico from tir country, now bitcoin is in $3600 but time by time i think bitcoin will back normal in a week until the month, the important key is 1 dont panic, dont panic in selling bitcoin, if you panic and sell your bitxoin, thats means that bitxoin rate is going down

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September 17, 2017, 12:12:43 PM
 #337

I would like to say everybody not to panic as there will be many rumors out there which will make people panic and sell their coins.
The wise ones will know what to do at situations like these but the poor experienced lose their money in these situations.
The China ban and the statement by Jamie Dimon are the reasons why people are panicking and selling their coins. The prrice of bitcoin has decreased by hundreds of dollars. People who have money can buy now as it is a very good time to buy bitcoins and those who have already bought coins at higher price should hold their coins as there is no other option but to wait for Bitcoin to recover its price. Don't sell at a loss as we know Bitcoin will soon recover its price.
Bitcoin price is dropping and i dont know why i wish it could be recovered soon .hoping for increase and being stable of bitcoin.dont mind the negative comment all we want to do is to pray for the recovering of its price again.
Bitcoin drop down for the meantime due to different problems encountered like in China banned ICO's. But I was not lose hope that bitcoin recovered in the following months or years. I think it's good to hold the bitcoin because in the following days it will increase again.

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September 17, 2017, 12:26:16 PM
 #338

That statement is completely false. The prices are rising at the moment. You guys make these post based on an isolated incident that is only occurring at certain hours of the day. The price is back on the rise. Everyone knows this. There is no reason to State these things because they are simply not true.

hahahah, yup many people who just have a thought that bitcoin prices have decreased and that is very unusual high, when it happens that they really worried not everyone who goes into the bitcoin circle but the funds they use to be in it. falling prices do happen, but it's not a problem for everyone who already understands and understands bitcoin. Because when bitcoin prices go down, it's actually an advantage for investors. Because they all have a very good chance to get a lot of big profits. As the case just happened to jpmorgan, where they play a very good politics.

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September 17, 2017, 12:33:30 PM
 #339

Dont feel anxious with bitcoin prices will drop drastically you better buy bitcoin with the price down at this time because bitcoin will come back with a high price.  Wink

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September 17, 2017, 12:39:50 PM
 #340

Dont feel anxious with bitcoin prices will drop drastically you better buy bitcoin with the price down at this time because bitcoin will come back with a high price.  Wink
take opportunities from dropping price of bitcoin to buy and hold it. that is very good strategy while most of people have been sold their coin. they afraid with bad news of bitcoin by chia government.

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