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Author Topic: Bitcoin falling again  (Read 13276 times)
ashaksagnis
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September 17, 2017, 12:46:29 PM
 #341

Now is the best opportunity to put some money in bitcoins i think so.

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September 17, 2017, 01:53:20 PM
 #342

but every week the price off bitcoin will grow up again, i wish that more exspensive then before

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September 17, 2017, 03:15:03 PM
 #343

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
bitcoin will fall but then again it will continue to rise, bitcoin has many followers all over the world so therefore even the price might change even though it will go down still it will be good at its price, many people may be deceive may be disappointed so therefore they will sell their coin at low price they will  not get what price they want.



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umbara ardian
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September 17, 2017, 03:32:03 PM
 #344

the cause of bitcoin drops very drastically. because a lot of news outside the less good. china banned ico and the exchanger in china closed the exchange of bitcoin with their money. but do not worry this is just a game from big players spreading all the news so bitcoin drops and they buy bitcoin cheaply. and they spread the word again so bitcoin continues to climb.

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September 17, 2017, 03:36:29 PM
 #345

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
bitcoin will fall but then again it will continue to rise, bitcoin has many followers all over the world so therefore even the price might change even though it will go down still it will be good at its price, many people may be deceive may be disappointed so therefore they will sell their coin at low price they will  not get what price they want.

I think all the nervous panicky people have all spent their btcs now panic selling so we're probably not going to see any drastic plunges anymore. We're likely to stay steady at the current rate probably for a week more unless there's any announcements again coming from china.

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September 17, 2017, 03:36:52 PM
 #346

cmon btc, fall to 3k again so we can buy in more!  Wink
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September 17, 2017, 03:38:43 PM
 #347

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


Don't panic. The price will go up in down in the short term but in a few years, it will be WAY up.
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September 17, 2017, 03:41:44 PM
 #348

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

If you are someone who believe in bitcoin, you will hodl on and you dont be afraid of the falling price. However, if you are someone who just invest into bitcoin and dont know what it does or how it can fit in the missing gap of this world, any price action will squeeze you out as you dont have any trust in bitcoin but only on the price. So that is why people would advice you dont blindly just invest, understand the product you invest so you will gain in the long run.

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September 18, 2017, 11:28:34 AM
 #349

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

If you are someone who believe in bitcoin, you will hodl on and you dont be afraid of the falling price. However, if you are someone who just invest into bitcoin and dont know what it does or how it can fit in the missing gap of this world, any price action will squeeze you out as you dont have any trust in bitcoin but only on the price. So that is why people would advice you dont blindly just invest, understand the product you invest so you will gain in the long run.

That is true. Bitcoin has always been more than just money for many its supporters. Like one holder said some time ago during a yet another fall:"I will hold no matter what. Even if it goes to down $20, I will not sell. If it dies, it dies. I don't care." Because the death of the idea is more painful for those people than losing money. It's good that we have both right now, the idea is alive and Bitcoin costs $3,800+. Great times! )

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September 19, 2017, 09:04:47 AM
 #350

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

You don’t need to be worry about it bitcoins price keeps changing (rise and fall). Bitcoin fall only for the buyers, once they buy bitcoin again rises some people sell their bitcoin because they actually don’t know that how this business run and they loss their money. you don’t need to be worry and don’t need to sell your coin just wait for suitable time when you get a good profit you can take your profit.
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September 19, 2017, 09:26:07 AM
 #351

if the bitcoin falls again I think it's normal problem like this, can not we save BTC coins for a while if BTC price falls again

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September 19, 2017, 09:27:08 AM
 #352

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

You don’t need to be worry about it bitcoins price keeps changing (rise and fall). Bitcoin fall only for the buyers, once they buy bitcoin again rises some people sell their bitcoin because they actually don’t know that how this business run and they loss their money. you don’t need to be worry and don’t need to sell your coin just wait for suitable time when you get a good profit you can take your profit.


Six days after this panic was announced, we have seen several movements of ups and down, Bitcoin touched $4000 within this period and currently trading below the $4000. But this does not move me at all because we all know that the volatility is here to stay at least in the short term and there is nothing anyone can currently do about it.

What is of essence is what will happen after this turmoil period which is with the good news happening around and the next ones coming any time soon. The only advise to anyone is that rather than panic, do two things;

1. Buy more if you can afford it because this period might not come again and

2. Keep the ones you have because if you sell, you will be surprised at the amount of profit you would have made if you had waited for this period to be over.

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September 19, 2017, 09:33:38 AM
 #353

dont over panic guys there is not enough info about jpmorgan in china thingy

but wait because the price value will go higher when it recovers

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September 19, 2017, 09:37:33 AM
 #354

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

You don’t need to be worry about it bitcoins price keeps changing (rise and fall). Bitcoin fall only for the buyers, once they buy bitcoin again rises some people sell their bitcoin because they actually don’t know that how this business run and they loss their money. you don’t need to be worry and don’t need to sell your coin just wait for suitable time when you get a good profit you can take your profit.


Six days after this panic was announced, we have seen several movements of ups and down, Bitcoin touched $4000 within this period and currently trading below the $4000. But this does not move me at all because we all know that the volatility is here to stay at least in the short term and there is nothing anyone can currently do about it.

What is of essence is what will happen after this turmoil period which is with the good news happening around and the next ones coming any time soon. The only advise to anyone is that rather than panic, do two things;

1. Buy more if you can afford it because this period might not come again and

2. Keep the ones you have because if you sell, you will be surprised at the amount of profit you would have made if you had waited for this period to be over.

This period is already over, it dumped below $3k, its done now, too late. Will probably climb a bit more, but I like to wait until the major dumps to buy quickly, catch the knife.

PizzaBTC
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September 19, 2017, 09:56:07 AM
 #355

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


For now the price have gone down to $3310.37, and it might still down for now, but it's for a while. When it will come up again, it I'll be higher than or back to its normal price again.
I don't think so, its almost low right now. I guess bitcoin will having a hard time to recover again it's price. I wish I'd sell it in Sept. 12 so I don't lose a lot of bitcoin right now.  Cry
Last time when I checked Bitcoin’s price, it was 37xx dollars and has increased almost 400 dollars in 10 to 12 hours.

I will advise you to not sell your bitcoins and just sit back. You don't need to worry when you are a BTC holder. You will understand the reason within few days if you will hold your BTCs for that long.

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September 19, 2017, 11:50:45 AM
 #356

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


For now the price have gone down to $3310.37, and it might still down for now, but it's for a while. When it will come up again, it I'll be higher than or back to its normal price again.
I don't think so, its almost low right now. I guess bitcoin will having a hard time to recover again it's price. I wish I'd sell it in Sept. 12 so I don't lose a lot of bitcoin right now.  Cry
Last time when I checked Bitcoin’s price, it was 37xx dollars and has increased almost 400 dollars in 10 to 12 hours.

I will advise you to not sell your bitcoins and just sit back. You don't need to worry when you are a BTC holder. You will understand the reason within few days if you will hold your BTCs for that long.

I have a strategy for short term trading and that is when you see that the price of bitcoin is falling down then don't hold it for long term (if you really into bitcoin trading), you just need to sell low and buy lower so you can have more quantities of bitcoin and you can have a chance to earn more profit from your bitcoin balance and stick again to the principle of buying low and selling high.

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September 19, 2017, 12:00:46 PM
 #357

Take it easy, man, do not panic. Within the next few months bitcoin will rise and stabilize again, today bitcoin falls due to the influence of the ICO ban by the Chinese government. I recommend keeping your bitcoin now rather than selling it.

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September 19, 2017, 12:22:32 PM
 #358

This is mainly due to the news about china ban and JP Morgan's bitcoin fraud accusations, this may affect bitcoin but to a certain level only and just temporary. Bitcoin price will surely surge again due to its solid foundation of users, miners and investors. This is actually a good day to invest since you can now buy at a lower prices.

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September 19, 2017, 12:27:28 PM
 #359

Eventhough there's many different technical analysis out there, claiming BTC is going to fall in the next days, I disagree.

On every market big investors tend to take profits before the summer and reinvest in autumn, when another cycle of growth until next summer starts.

We saw whole crypto market going down, starting 12 June. This corresponds to the theory of big investors taking profits before summer.

Recently we had many negative news from China. They were served by big investors on purpose. They would never invest at the top. BTC at around 5K USD was way too expensive for them to reinvest. So they made the price drop. On 15 September we saw the highest volume in history. It's impossible for small investors to cause such great volume. So the big investors obviously reinvested at that point. This also fits to the above theory of reinvesting in autumn perfectly.

Another positive fundamental thing is, the Chinese ghost month has ended.

Now they will let small investors drive the price up, possibly to a new all time high, before they start taking profits again. According to the "sell before summer, reinvest in autumn" theory, we might not see next correction until next summer. It's a long way until then, so I'm not 100% sure about that. But I doubt they'll start serving some negative news, before BTC reaches the ATH of at least 6000 USD. It would just not make sense for them to take such low profits as they could today.

If I take a look at the daily chart for BTC, I can't see any convincing bearish signals on it, to be honest. Price on 15 September bounced off .618 Fibonacci rectracement level which is known to be the level at which institutional investors tend to reinvest at. We saw record high volume and a strong bullish candle. The daily RSI also moved from the oversold area back up. So technicals loook very bullish to me in the long term. And the .618 Fibonacci level a kind of confirms it was big investors involved on 15 September.

Of course we can't expect it to just shoot up quickly to the ATH. Many dips will probably happen along the way. I expect minor selloffs, when technicals (like RSI overbought for example) on shorter term charts signal it's time to sell. And there also might be some FUD around the Segwit 2x fork in November as more and more miners stop signalling the Segwit 2x support. But I doubt the FUD would cause price to drop drastically, as a lot of us already learned from the July FUD, that FUD's because of forks are just nonsense.

I'm bullish on the BTC longterm and see no possible reason for the next lower low, many out there expect.




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September 19, 2017, 01:03:29 PM
 #360

Yes its true that bitcoin is still falling, certainly with what happened in china and now the statement from JP Morgan, bitcoin prices will surely be affected, but I think this is just temporary. Bitcoin has reached new heights year on year and we've been through this at many points in time in w/c bitcoin overcome and became much more stronger. So I think this is actually a good opportunity to invest as prices are still lower.

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