Bitcoin falling again

[qwertyup23]

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 would observe, there has been a pattern regarding the fall of the price of bitcoin. We all know that due to its volatility, its price may increase or decrease at any time but the situation is different from what is happening right now. Due to China's banning of some transactions involving cryptocurrency, it has affected bitcoin dramatically and people are converting their coins to fiat, which results to an increase on the supply. By basing it on the law of demand and supply, it is obvious that the price will decrease. Let the price fall and take it as an advantage to invest again because I surely believe that its price will increase by 1-2 months from now.

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[dreadfulgam]

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 would observe, there has been a pattern regarding the fall of the price of bitcoin. We all know that due to its volatility, its price may increase or decrease at any time but the situation is different from what is happening right now. Due to China's banning of some transactions involving cryptocurrency, it has affected bitcoin dramatically and people are converting their coins to fiat, which results to an increase on the supply. By basing it on the law of demand and supply, it is obvious that the price will decrease. Let the price fall and take it as an advantage to invest again because I surely believe that its price will increase by 1-2 months from now.

Yes. I think that's a very straightforward yet truthful "analysis" of the situation. This might be the last time to get a chance to buy BTC sub 4k.

[vinc3]

Just hold your breath my friends. This is just temporary, whales will just capitalize with this kind of situation if you let them. Only you can push that sell button.We are going nowhere with this kind of strategy, we should be unified even during this bleeding moments, only that way we can push through. We never know what bitcoin will bring us in the future so we need to protect it like our life is on the line.

[rodskee]

i understand people panicking for now on because the bitcoin price continue to down fall, i suggest hold it and don' panic, worrying is normal to us because poeple has depends in bitcoin as a job and bitcoin a source of income of everyone here industry, but i believe bitcoin after this issues goes uprise again the price vaule.

[to378972]

As other forum members have said, this is probably due to China but I see half full glass because I can get cheaper bitcoins. If you've invested all you want to invest in bitcoin and do not think about buying more, I understand you're a little scared. Do not worry, however, because bitcoin will continue to have some reduction but in the long run it will go up. So, be patient and keep your bitcoins.

[soulripper]

don fall with whales trick.. they will buy it back again. not to worry about it.. keep calm and buy more while it still cheap..

[erick94]

bitcoin falling again is not a bad ending, the possibility of bitcoin can rise again even multiplied. so I think holding the coin is the best thing than selling it for a low price. because definitely the bitcoin price will go up.

[LogitechMouse]

Falling of bitcoin is normal since when wen exchange money, isnt it that we see first if the money we exchange is high.
But bitcoin will rise next month maybe or next year lets see
For now its better to hold your bitcoins rather than selling it now because the price is falling.
Some panicked and sell their bitcoins which is not a good idea

[MrCrank]

Ok. Thanks for your opinion!
I stopped panic now. I understood that this is normal situation of the crypto market.
I hope that it's corrections only. I will hold my BTC.

[PX-Z]

Ok. Thanks for your opinion!
I stopped panic now. I understood that this is normal situation of the crypto market.
I hope that it's corrections only. I will hold my BTC.

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.

[Bobmarley2000]

Ok. Thanks for your opinion!
I stopped panic now. I understood that this is normal situation of the crypto market.
I hope that it's corrections only. I will hold my BTC.

Yes you have done the right thing. It doesn´t matter how far bitcoin will fall because i believe that bitcoin will grow a lot more than you can imagine. Bitcoin is getting popular by the second so you don´t have to worry about bitcoin going back to like 100-200 dollars.

[andthereyou]

Ok. Thanks for your opinion!
I stopped panic now. I understood that this is normal situation of the crypto market.
I hope that it's corrections only. I will hold my BTC.

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.

I find your comment funny.  
But you have a point I believed that all Sr. member above already know about big flucutations.
Anyway the Sr member you point out maybe did not have knowlegde about other investment vehicle like stokc market, forex and many more.
I am a Jr. member just last week but I am trading stocks so its not really a big shock to me those big fluctations of the price.  

[CryptoBry]

Panic selling has started and nothing can stop it. Because of this continued selling people of their bitcoins. And this is how you feel now. I'm just like that but I'm not selling because I'm just getting the least chances to get the chance to get back. I am satisfied with what the amount I hold now and I wait for the right time to increase.

I guess we have the same disposition. For now, I would be hodling my Bitcoin for the very reason that the value is low...wait for the time it would grow and then I might sell some. People are having panic picnic because they are so afraid they might everything they invested for in Bitcoin. These are the people that can easily be moved by FUD. We don't need these people within the Bitcoin community.

[eann014]

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

yeah price is falling.  I am already panic, what if bitcoin price will not go up next week? I need bitcoin price to rise next week because I am in an exact budget for next week, I am expecting the price to go up just like the last time that bitcoin reach $4300. 😭 I hope that bitcoin will recover.

[airdnasxela]

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.

[Casdinyard]

Panic selling has started and nothing can stop it. Because of this continued selling people of their bitcoins. And this is how you feel now. I'm just like that but I'm not selling because I'm just getting the least chances to get the chance to get back. I am satisfied with what the amount I hold now and I wait for the right time to increase.

I guess we have the same disposition. For now, I would be hodling my Bitcoin for the very reason that the value is low...wait for the time it would grow and then I might sell some. People are having panic picnic because they are so afraid they might everything they invested for in Bitcoin. These are the people that can easily be moved by FUD. We don't need these people within the Bitcoin community.

So true brother but we can't help this. There's always some people that easily be swayed by FUD and many here are just trolling. The price we're experiencing now isn't a crash but more likely a correction in the market. If you see closely the graphs the repetitions of events occur again. So the price now is just for temporary and soon bitcoin will rise again to its ATH and less people can afford to buy some pieces of bitcoin.

[ScaryMe]

I guess this is due to to those people selling their bitcoin, converting their coins to fiat.
Turning the e currency to real.
Maybe people are getting their money out of the e-wallet, because they need it, who knows maybe their just in need.

[winspiral]

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.

People are funny.
buyers whish the price will grow
and
sellers wish the price will down.
And it is funny as well to know that the buyers and the sellers are exactly the same number.

[xx-man]

bitcoin falling again is not a bad ending, the possibility of bitcoin can rise again even multiplied. so I think holding the coin is the best thing than selling it for a low price. because definitely the bitcoin price will go up.

I really agree with you, maybe this is only temporary because of a small problem that wants to knock Bitcoin from someone who does not use logic, maybe there are investors who panic about this weird joke, so they sell some of their Bitcoin.

[smsupto]

Why Bitcoin falling down? Have any reason?