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Author Topic: Bitcoin falling again  (Read 13325 times)
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November 12, 2017, 10:39:42 AM
 #481

if you are surprised...
My advise is:
be away from bitcoin investment.
BTC  with big volatility is not for surprised people about BTC volatility.


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November 12, 2017, 10:44:18 AM
 #482

What you are seeing is the natural ebb and flow of markets. Nothing every goes up in a straight line. The dynamics of why that statement is true involve:

* Profit Taking - Participants who are sitting on large profits tend to take some money off the table after a hard run
* Speculation - Punters who see a big run like to short anticipating profit taking
* Technical Indicators - Traders use these charts to try and product price movements. Because millions of traders are looking at the same metrics you'll find that when certain indicators signal that something has been overbought the algorithms kick in and start to sell.

Don't worry about the short term fluctuations unless you are a trader.

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November 12, 2017, 10:47:31 AM
 #483

I think btc is just gaining its momentum, the best way is not to panic, just wait until the end of this month, just hold on to your bitcoin, now is the time to buy though, just concentrate in buying, we should be calm.

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November 12, 2017, 11:03:07 AM
 #484

The current correction might actually proof a really good and strong one from a technical perspective.

And regarding BCH, that increase is only fuelled by FOMO; it's gonna crash as hard as it came up when those emotional traders change their mind..
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November 12, 2017, 11:38:36 AM
 #485

Current falling of bitcoin related with standart correction.
Bitcoin don't grow constantly, because will break cryptomarket in whole.
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November 12, 2017, 01:33:16 PM
 #486

I think it is the best time to invest or buy Bitcoin as it, the value is falling.
Then if it rise again you will gain more profit.Be positive always.This dump doesn't mean total wrecked about Bitcoin.Be patient and soon we will meet what we are expecting for Bitcoin arising again.

If falling in price, just prepare money to buy back in resistance line.
Watch the movement then decide to buy back and still hold the old bought bitcoin.
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November 12, 2017, 01:40:10 PM
 #487

Bitcoin is volatile. It goes up and down. But history shows us that after every dip is a larger rally. This will be no different.

I would expect China (and indeed other countries) to ban ICOs in the shorter term until they can be more heavily regulated. IMO this is a good thing and will help weed out the scams and make us, the participants, more protected.

As for banning exchanges (and JPMorgans CEO comments on the whole thing being a fraud) theese are the actions and words of a fearful and broken system trying to stem a digital revolution. And they will fail. Cryptocurrencies are the future and they cannot stop it.


I absolutely agree that bitcoin is volatile and there are time that the price of bitcoin goes up and down. In addition to that, if the price of bitcoin dropped you must still hold it and wait for the right time sell your bitcoin. Do not ever do panic selling just hold it and gain high income.

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November 12, 2017, 01:40:37 PM
 #488

Many whales now from S.KOREA pumped up BCH along with some bitcoin core defectors and it has taken a hit because BCH and BTG stealing the limelight for a while. Will one of these other two forked up BT something coins, take over Bitcoin? I have no clue, that will depend on a lot of criteria, like what miners do next, big corporations who they will back and also all the panic selling or FOMO strategies pimped up by 4chan and other pump and dump channels on the internet.

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November 12, 2017, 01:51:08 PM
 #489

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


We don't need to worry about the the falling price of bitcoin. But all we need to do is to wait again until bitcoin will increase. Holding is the best way to deal with the falling price of bitcoin.

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November 12, 2017, 02:33:25 PM
 #490

Many whales now from S.KOREA pumped up BCH along with some bitcoin core defectors and it has taken a hit because BCH and BTG stealing the limelight for a while. Will one of these other two forked up BT something coins, take over Bitcoin? I have no clue, that will depend on a lot of criteria, like what miners do next, big corporations who they will back and also all the panic selling or FOMO strategies pimped up by 4chan and other pump and dump channels on the internet.

Well, i think despite the increasing dips happening to Bitcoin these days, bitcoin will still recover and become even more better after bitcoin comes out of these easy trials that it is currently going through right now. And i am pretty sure about that. All these price increases of bitcoin Cash and bitcoin gold are obviously just poor efforts of a pumping and dumping scheme to feed on small investor's money to feed the big whales running the pump. And after this is over, bitcoin will rise again breaking record by record.

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November 12, 2017, 02:33:51 PM
 #491

if bitcoin falling again. I hope all people not panic, keep calm, and do wise actions because people who bad intention will utilize that matter as fool, felsify, and cheat.
Some reasons for the fall of bitcoin because china prohibits bitcoin exchanger, JP Morgan Ceo says Bitcoin is a fraud. Don't fall under emotions and monitor the situation and don't react without thinking and considering all options.
The wise ones will know what to do in their situations.
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November 12, 2017, 02:41:04 PM
 #492

if bitcoin falling again. I hope all people not panic, keep calm, and do wise actions because people who bad intention will utilize that matter as fool, felsify, and cheat.
Some reasons for the fall of bitcoin because china prohibits bitcoin exchanger, JP Morgan Ceo says Bitcoin is a fraud. Don't fall under emotions and monitor the situation and don't react without thinking and considering all options.
The wise ones will know what to do in their situations.

Why panic if bitcoin is falling?
just sell and rebuy lower...

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November 12, 2017, 03:05:14 PM
 #493

A pull back was predictable and predicted by the way. Looking at the one year chart, back to the 5k support line would not be a surprise. It is a rather healthy behaviour I think. Not that healthy for day traders I must admit, but long time hodlers should not be worried imo. I would start to worry below the 5.000-4.800 support line.
BTC may pull a rabbit out of a hat scalability wise soon as well.

The sentiment to me is that Bitcoin has still a way lot more exposure world wide than BCH, more use daily too. The bitcoin name is more printed in the collective subconscious than BCH. What's more, announcing BCH as the new 'Bitcoin' in the mainstream media would confuse general public only weeks after Bitcoin flooding media with its ATH. If it happens, it will be easy to see it coming too and stop loss before drama.
Already doubtful about the matter, general public would be even more concerned about volatility/stability of crypto currencies as a whole and this would harm everyone.

I doubt BTC stopped working on solving the scalability issue after announcing 2x cancellation. Everyrone was expecting an announcement so they had to announce something. It does not mean they won't announce something else soon.

My 5 cts on that but hey, it's bitcoin after all.
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November 12, 2017, 05:06:31 PM
 #494

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 are wrong. What is the price of bitcoin is 3866USD.

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November 13, 2017, 12:52:52 PM
 #495

From the views of the last few month the price of bitcoin falling is less chance. There are equal opportunity of the price of bitcoin is falling or  rising but there are maximum chance of the price of the bitcoin is increases is like 99% chance of increases . Now the time bitcoin become very popular in every country because it price is countinously increases since last few month. There are less than 1% chance of fall in the price of bitcoin it depend on the popularity of bitcoin.
I don’t agree with you that why I always said that check the price of bitcoin every day in order to you guys know the status of bitcoin today I check the price of bitcoin and its price is very high and as we know that bitcoin is one of the stable currency in market and day by day its going more powerful and strong so its out of question that bitcoin price is drop.

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November 13, 2017, 01:52:48 PM
 #496

From the views of the last few month the price of bitcoin falling is less chance. There are equal opportunity of the price of bitcoin is falling or  rising but there are maximum chance of the price of the bitcoin is increases is like 99% chance of increases . Now the time bitcoin become very popular in every country because it price is countinously increases since last few month. There are less than 1% chance of fall in the price of bitcoin it depend on the popularity of bitcoin.
I don’t agree with you that why I always said that check the price of bitcoin every day in order to you guys know the status of bitcoin today I check the price of bitcoin and its price is very high and as we know that bitcoin is one of the stable currency in market and day by day its going more powerful and strong so its out of question that bitcoin price is drop.
At what aspect the term stable is used, I'm not sure about it. In reality from the ongoing price dump and pumping shows that price of bitcoin has gained strength to stay above certain value however worse the market gets hit and in this manner it is stable. From every steep fall, it once again gains potential to grow bigger.

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November 14, 2017, 06:25:27 PM
 #497

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 are wrong. What is the price of bitcoin is 3866USD.
It’s really disappointing statements and believe it really make me disappoint when I see such a wrong information about bitcoin and that’s why I always suggest to everyone to check the price of bitcoin every day because when you know about the price so you will know the status of bitcoin that is it going high or drop so today bitcoin price id high.
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November 15, 2017, 07:27:35 AM
 #498

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


I believe that it isn't of any profit if we sell BTC when its dropping down , its the fluctuating nature of BTC so the vie would go up and down.
BTC is always growing in long term , one should remember this and see after dropping till $ 3.5 K it is now on $7.3 K .so if someone had converted BTC into their fiats in fear of BTC falling are in a huge loss .the amount that they were holding could have been got doubled in just3 months.
It won't happen, it has chances to rise. It's worth won't fall to 4000 to 4500$ because now even the fork is cancelled, people are liking it and the number f investors is increasing day by day, everyone is trying to get into bitcoin and invest here so to be rich in very short time. Rise and fall are part of every currency but for bitcoin it's now the time to rise and hope it cross 10000$ by the end of this year.

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November 15, 2017, 08:39:14 PM
 #499

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


If you sell now, you sell with panic and not because you wished to. If you can hold on till this is over, then you'll enjoy your patience. No matter the dip in price of bitcoin, it always rises again and most times above.

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November 16, 2017, 02:54:22 PM
 #500

The current correction might actually proof a really good and strong one from a technical perspective.

And regarding BCH, that increase is only fuelled by FOMO; it's gonna crash as hard as it came up when those emotional traders change their mind..
It will not crash because there are millions of lives which are connected to bitcoin and btc give surety that it will never let down their money and investors are also mature now they don’t get panicked and they know that prices are just matter of time and demand will get high as it falls down ad this give a lot of pump to the price and hatters will see the progress of btc with mouth open and they will wonder how it happen.

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