Bitcoin falling again

[secretariat88]

It rises and falls, but overall, continues to rise, amazing how fast it has doubled yet again.

[nikjain422]

I don't think there is any reason to panic,its just another regulatory downfall for some time in btc world.It might be due to news coming our way or due to fork but guyz bitcoin world is way bigger than this news or any other issue.

[Ailmand]

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

There are so many different reasons for this. Many of the listed below are good and viable reasons. However, I think, the main reason for the slump is the upcoming fork this November. Many people are panic hording bitcoins and at the same time panic buying altcoins, as their value right now is low. Therefore, all the market action are affecting how the price of bitcoin is. If you are concerned due to the fact that you would be investing or selling, then you should study the market to know which venture you would better pursue.

[ayeshajum07]

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.

[Paranuatu]

I think and hope Bitcoin will fall to 4500-5000 by mid december, than many people will buy, and will rise again-

[Rishabh riyz]

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.

[b_parin]

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 think if you only knew that bitcoin price will increase by a lot example today is $7,400. You wouldn't ask for an advice for exchanging your BTC to fiat.
There is a lot of opportunities in bitcoin today. Many news worldwide talks about bitcoin. Bitcoin price will increase because of the demands. There are also some stories of successful bitcoin investors who made a lot profit.
This cause people with budget to invest to bitcoin today.

[alexsamudra]

a sales market like a wheel that's always spinning this causes the price down a bit which in turn shakes the weak hand that goes in late. maybe smart people will take advantage of entry with a low price, all must be repeated in order to join the new market market.

[rony01941]

Bitcoin is not known among all. So everyone thinks this as fraud. Some countries like Bitcoin's think Bitcoin illegal. They think that if Bitcoin is introduced in the country, money fraud will increase. But this is their misconception. There is no scope for betting. Bitcoin The transaction system is being improved further.

[noorammak]

bitcoin price is very low now due to the effection of the segwit2x cancellation, i stil can not believe bitcoin can drop so quickly like this, but it makes bitcoin cash rising more than 100% in today, so i think as soon as bitcoin cash drops down, bitcoin will rise again, so i will wait and hold my bitcoin.

[Matrix3]

I'm not a stockbroker, but I think there is a correlation between BTC and BTCC. If you look at trends, I think this can be concluded ?! 

[webdevmastery]

In my own opinion its not really bad to doubt sometimes if bitcoins will fail or not because no one know's what will really happen in the future, But the good thing is there are a lot of positive news coming from the best analyst about bitcoins.

[Halcyon Days]

It's interesting, because this thread was started with following post on September 13, 2017:

OMG, Bitcoin falling again, current price = 3866USD. [...]

The current BTC price is $6k dollars, which is still 55% up from the price 2 month ago. Meaning overall BTC is still up and at least I am not worried at all regarding the BTC price, as long as it dows not hit rock bottom.

[crustez00]

Bitcoin falling these day is because of hard fork schedule ahead? then its hardfork seems to be canceled? so people rather sell its coin to stay safe and the newbie got panic sell too? well they're kinda loss at some point when bitcoin prices goes up again  Stay HODL fam

[winspiral]

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

[Marileno]

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.

[gambitcoin53]

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.

[Tomarsi]

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..

[cryptorami]

Current falling of bitcoin related with standart correction.
Bitcoin don't grow constantly, because will break cryptomarket in whole.

[Icaxx]

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.