BTC price is crashed again

[socks435]

Are you guys even listening to yourself? There is no "BTC ban". Dear god, please let it rain some brain.

I must agree with you mate, this is now becoming chaos to everybody whose closely engaged to bitcoin. Can we just let those speculation let go and we should move on with the visions we wanted for bitcoin? well it sounds funny but lately bitcoin price dropped at worse due to paranoid holders. We're already nearing to reach our goals but sadly frustrations prevails.

Well they are just not thinking that everything is fake.. but sad to say that its still happening that the price of bitcoin is still falling that i think there are still people are panic selling their bitcoin..
Hope that it will not go far and hope that price drop will stop and buy more bitcoins instead its still need support by other company or business .
For now better to watch the price until we will see the stable price before buy bitcoins.

[el kaka22]

(Cartman voice)

Guys, guys. Look, u guys. Its goin back up! Isnt that kewwwl.

U guys, uguys.Think its gonna shoot back up u guys (he invested a couple thousand in it...)

I thinks its totally gonna shoot back up.

(Kyle puts hand to face)  

It is just the matter of time unfortunately if it goes down it will comeback with huge profit and will give advantage to the investor who is holding it. if prices goes down one should hold the bitcoin and wait for right time and when it rise again then come into market and enjoy the most percentage of profit and get joyful life. So never think that it is going down. It will move one step back it will move 20 steps forward.

[panapi3200]

This crash can be seen as significant if you compare it to the recent market price movement but it's nothing (or nowhere close yet) if you compare it to just 3 months back!

Well this sounds ridiculous to other people who've invested lately, but I am still confident that bitcoin will not end up a failure. Maybe this will be a challenging times, but all we need to do is be calm and don't panic. Always make your funds at secure situation and never listen to negative speculations.

[boyshx]

Yup everything is being dumped like anything. That feels good actually as we can earn big profits now by buying at low rates. The only thing that is concerned about is how much low the price is going to be. It has to stop somewhere so that we can start putting money at that point for better margins and profits. ;-)


I might be looking crazy at this time saying bitcoin price is being dropping and we should be happy about it but it is really the good thing. What I have learnt from the past is we should be investing now and get profits.

[HatakeKakashi]

I hope bitcoin price will increase again . Because as of now the price of bitcoin decreased and its now 3400 dollars . If you want to buy bitcoin you can buy now and for sure you will earn profit after few weeks. I hope also china we stop all the issue if they want to ban all trade go . For sure after that theres no doubt about bitcoin so the price of bitcoin will increase again because many peoplr buy again bitcoin.

[DrGuns4Hands]

bitcoin price really affects much by china. china will going to suspend all trading on september 30. that's one of the reason why bitcoin price suddenly keep crashing till now because they're on panic selling . i think it will took a long time till bitcoin price reach the moon again. but thanks to china. other signature campaign won't closed (hoping) because they can now afford bitcoins again.

[davids]

china has a big influence and was one of major countries by volume on bitcoin but, they are not the only ones that have bitcoin exchange. if China will close their exchanges, then other exchanges will emerge

[ethereumhunter]

china has a big influence and was one of major countries by volume on bitcoin but, they are not the only ones that have bitcoin exchange. if China will close their exchanges, then other exchanges will emerge

that is right, we can still trading bitcoin, buying and selling bitcoin in other places and i am sure that bitcoin will recover. but i admitted that with bad news from china, makes the price is down to deep and we can see the price is reach $3xxx. i think we still have opportunity to save our bitcoin and make money from other market.

[sukamasoto]

BTCchina released a notify that it will close all the trade on Sept. 30th. Then BTC price on this platform was down less than CNY18000 hurriedly.

Let's compare bitcoin value from 15 June, 15 july,15 Aug,and 15 Sept
You can see bitcoin are : $ 2,560++ (up) ,  $ 2,045++ (down) , $ 4500++(up) , $ 3063 ++(down)

Well it's predicted that this will happen and let's see for 15 Oct , $ 5000 so just hold your coin and don't be panic

[xypos]

BTCchina released a notify that it will close all the trade on Sept. 30th. Then BTC price on this platform was down less than CNY18000 hurriedly.

Currently on coinmarketcap, price is around $3000. Sometimes less and sometimes over.

Anyways, there seems to be a floor at $3000. I personally think that the current dump is strong enough to break that floor and cause a lot of panic when the price goes down to in the $2xxx levels, and triggering more long squeezes.

Great time to buy at anything below $2000 if the price drops that much(which i think it will due to panic dumpers).

[Qunenin]

Well yeh we have to face this crash that the only thing we can do. There's nothing in our hand. Anyways Chinese are the real main reason. Since they banned bitcoins so the value decreased. Hold it until it go up. I don't think it will  increase before 2017. Maybe we should wait till the end of year or maybe start of 2018 when bitcoin will start rising again above 5000$.

[sasaku bitbit]

This happens again at bitcoin with prices falling again in the number $3700, the original price of the bitcoin is definitively makes the users of bitcoin became rich suddenly on some days ago with the price of the bitcoin then on numbers $4800 then increasingly day by day is dratis then this makes all panicked after seeing the price of bitcoin fall. I hope the prices will continue to rise and bitcoin menurus rise heading into the month and will not be decreased again

[Oceat]

Well yeh we have to face this crash that the only thing we can do. There's nothing in our hand. Anyways Chinese are the real main reason. Since they banned bitcoins so the value decreased. Hold it until it go up. I don't think it will  increase before 2017. Maybe we should wait till the end of year or maybe start of 2018 when bitcoin will start rising again above 5000$.

It's just the beginning if we can survive this China's banning their ICO and exchanges is nothing because the real deal is in the market. The price will gonna get back again and this is just normal when bitcoin is in dip, all you have to do is just wait or hodl if you had invested some of your money on it.  There's nothing wrong if you wait, the only mistakes is that if you panic selling and you lose your soon to be a profit.

[VanDeinsberg12]

BTC banned = miners are also banned from china means a high amount of mining speed gets removed also?

China didn't banned bitcoin, so the miners is fine, it's just the rules about the usage of bitcoin and so on is more strict that some exchanges are closing their service because of it and it affect so much people in there.
the miners will keep mining because it's not a criminal and will stay unpunished, no worry about the mining power too.

[hello_good_sir]

BTCchina released a notify that it will close all the trade on Sept. 30th. Then BTC price on this platform was down less than CNY18000 hurriedly.

Yes, and it has caused quite a panic.

Markets are extremely fragile when growth happens so fast like the previous few months that it was starting to resemble a bubble. The correction was really going to come sooner or later, with or without news from China. Seems like Jamie Dimon's message about bitcoin plus BTCChina shutting down soon has proved too much.

Panic dump has stopped and btc is up 15% from yesterday to $3600. We could potentially go higher, and overshoot $4k this month.

[iyan33]

This fact shows that china has a big influence on the development of bitcoin prices in the crypto market, because with these rumors are able to make the price of bitcoin down dramatically. whereas bitcoin users are scattered in various countries but they seem to panic and do not have the confidence of bitcoin so leave it.

[Rahar02]

Bitcoin crash triggered by the news of China government will temporarily cease exchange trade cryptocurrencies by the end of this month. There are few days until September 30th but people already sold their bitcoin, maybe big whales tried to cause panic sell and then they buy back again. That's why bitcoin price could recover to $3690 after touched the bottom line at $2900.
The question is; whether people all over the world will dump bitcoin again or hold it even if Chinese people sell off all of their bitcoin.

[Bonanzacoin]

Im pretty certain botcoin :p will reach $10.000. After that the price will become more stable. Since $500 swings at that time wont have that much impact. Plus the reach of $10.000 will be the utter milestone imo to reach the mass. Certainly to investors/spectators as indesputable given, including Jamie Dillon.

[Andre#]

BTC banned = miners are also banned from china means a high amount of mining speed gets removed also?

China didn't banned bitcoin, so the miners is fine, it's just the rules about the usage of bitcoin and so on is more strict that some exchanges are closing their service because of it and it affect so much people in there.
the miners will keep mining because it's not a criminal and will stay unpunished, no worry about the mining power too.

But they will consider and have new rules for manage miner in their country soon.
China is a country do not want the funds from their country transfer to somewhere, because it means bleeding foreign currency.

[Ewinsane]

BTC banned = miners are also banned from china means a high amount of mining speed gets removed also?

Nope...

Some miners may change to other coins but it is a huge damage for all ecosystem. But mining side will go on.

Price of bitcoin is crashing again and again because of banning it in the various countries of the world. But no need of worrying much about it soon bitcoin will regain its value in the market. People will exchange or sell their bitcoins due to the panic in the market & will regret their decisions when bitcoin will rise again.