The price of bitcoin decreases

[PX-Z]

People start panicking since yesterday I guess this is cause from the news get from China. One of China's exchange delisted all the ICO token on that exchange from the decision made of chinese government recently.

[Yarsk]

Either if the price goes up or down bitcoin will still be at the top in the exchange market let imagine how much was bitcoin as at this time last year compare to now, so the slight fall in the price of bitcoin is nothing but just a face bitcoin will pass through and get over it strong and ever winning. So if bitcoin price decreases, the market will still be profitable to investors.

[theblack_cat]

with the condition of bitcoin that everyone is now flocking to buy bitcoin, they do not want to waste the opportunity so that later they will not regret for having missed this moment

[babarian]

it's true that bitcoin prices these days have decreased, but do not worry I think this decline will not be as bad as the decline in yesterday
hopefully his price can be stable again

[vmfx]

China has always been a nightmare for Bitcoin because it changes its rules regularly but its where all the mining is - however with all thats happening with GMO on the mining front in Japan (and with exchanges migrating to Japan en mass) I would expect them to start to take the lead in the market. Bitcoin really needs this so hang tight!

google:
$90 Million Budget: Japan's GMO Reveals More Cryptocurrency Mining Details

50 Bitcoin Exchanges Have Filed with the Japanese Financial Authority

[Dudeperfect]

The price of Bitcoin rose from $1,900 to $5,000 which is 150+% growth and when it comes to the fall, it decreased from $5,000 to $3,300 which is around 30% so technically, investors are still in 120% profit and worrying about the correction.

It is possible that Bitcoin price might decrease even further but that is a part of the correction and it should be appreciated instead of worrying about it because it helps Bitcoin to grow naturally.

[EmmanCryp]

I think it is the China exchanges ban news that is causing the panic sell off

[Md Kayum Uddin]

Yes the price of bitcoin decreases day by day due to banning bitcoin in China. It may high after a few days . Though China is the major part of bitcoin sector. They bann bitcoin so that bitcoin price down 4200$ to 3240$ now.

[Kp4everK]

Looking at the current rise in bitcoin prices, it is likely that many buy bitcoin because it sees the basic thing of the market that is buy when the price is low and sell when the price is high ... hahaha maybe my opinion is just a meaningless opinion, but in my opinion will definitely happen to see bitcoin prices continue to decline

Reduction bitcoin is associated with many factors, including due to China with their prohibitions. But this is a good time to invest, even at this price. So I think by the end of the year, bitcoin will stabilize and stop at around $ 4,000- $ 4500. Maybe I'm a pessimist.

[vasrasus]

Looking at the current rise in bitcoin prices, it is likely that many buy bitcoin because it sees the basic thing of the market that is buy when the price is low and sell when the price is high ... hahaha maybe my opinion is just a meaningless opinion, but in my opinion will definitely happen to see bitcoin prices continue to decline

Reduction bitcoin is associated with many factors, including due to China with their prohibitions. But this is a good time to invest, even at this price. So I think by the end of the year, bitcoin will stabilize and stop at around $ 4,000- $ 4500. Maybe I'm a pessimist.

Well it lost stopped at that amount before it dumps way too hard because of China banning ICO. It stays on that amount for a couple of weeks so it's possible still to reach that amount when everything is solve.

[KesoNie]

Looking at the current rise in bitcoin prices, it is likely that many buy bitcoin because it sees the basic thing of the market that is buy when the price is low and sell when the price is high ... hahaha maybe my opinion is just a meaningless opinion, but in my opinion will definitely happen to see bitcoin prices continue to decline

In the world of bitcoin rising up or going down will be always in our side if you'll look the history of the value of the bitcoin you'll see the attenuation or fluctuation of its value. Then last month in my country its almost 97k and now its 240k but now its decreasing again. There's no need to panic about the decreasing value of bitcoin cause its always on our side. Just don't think about the  rising up or going down the value of bitcoin just get and earn bitcoin and when the time comes we will see the value of bitcoin is rising again

[laraveldeveloper]

yes right now bitcoin rate low.everyone upset for this kind of issue.but I am full confident about bitcoin.I trust that bitcoin rate going to be high. I think this a golden chance to buy btc.

This is not the right time we guys need to wait litle more. I hope price will goes down litle more then start rising up again so wait untill the end of this month.

[reflector]

Looking at the current rise in bitcoin prices, it is likely that many buy bitcoin because it sees the basic thing of the market that is buy when the price is low and sell when the price is high ... hahaha maybe my opinion is just a meaningless opinion, but in my opinion will definitely happen to see bitcoin prices continue to decline

Reduction bitcoin is associated with many factors, including due to China with their prohibitions. But this is a good time to invest, even at this price. So I think by the end of the year, bitcoin will stabilize and stop at around $ 4,000- $ 4500. Maybe I'm a pessimist.

Well it lost stopped at that amount before it dumps way too hard because of China banning ICO. It stays on that amount for a couple of weeks so it's possible still to reach that amount when everything is solve.

China is a worst country which does not give quality products to anyone. We should worry about China ICO banned and make legal issue to bitcoin. We have lot of adoption and business on bitcoin in future days. Kindly ignore them and invest bitcoin related projects to boost the price again. `

[FansUnite]

On the decline recently, but will be interesting to see where it goes. Other posters are saying that this type of thing has happened before, but it is probably the first time through for many.

[GeniusAko]

There are many threads like this that is focusing to the decreasing of the value of bitcoin. It seems that many people are now panicking to what happend to the bitcoin. We should always stay positive because for sure the bitcoin will extremely go uo again.

[Pursuer]

Yes the price of bitcoin decreases day by day due to banning bitcoin in China. It may high after a few days . Though China is the major part of bitcoin sector. They bann bitcoin so that bitcoin price down 4200$ to 3240$ now.

just check the freaking volume man! the USD volume has always been the dominant one not the CNY volume and ever since early 2017 JPY market has been growing and it even were bigger than USD at some point and currently it is staying on top of the ranks.

besides the drop started on USD market not CNY which shows that the FUD started over there and then continued down the road. and for now Chinese are buying cheaper coins thanks to this FUD wave and OTC trading is once again increasing like back when they first closed Chinese exchange.

[cryptokitty]

Yes, it decreases and as expected much lower in the coming weeks if there are some issues/news againts bitcoin that will continue to spread in the internet. But if not, expect that we will be seeing a price increase in BTC.

[Bacotan Bae]

I'm not surprised with this, decentralization will continue like this that no one can control, it all depends on the user and the community, of course, many people who want to get profit despite the price drop.

[jerowacik]

People start panicking since yesterday I guess this is cause from the news get from China. One of China's exchange delisted all the ICO token on that exchange from the decision made of chinese government recently.

declining prices with very high indeed been previously suspected. the decision of the Chinese state to be the main impact of the decline in bitcoin prices. many people are experiencing panic and now they sell almost all the bitcoin they have. for those who want to bet maybe they can wait while expecting bitcoin prices to increase.

[metenjean]

Looking at the current rise in bitcoin prices, it is likely that many buy bitcoin because it sees the basic thing of the market that is buy when the price is low and sell when the price is high ... hahaha maybe my opinion is just a meaningless opinion, but in my opinion will definitely happen to see bitcoin prices continue to decline

If you're looking for investing, some may start buying bitcoin now. But if you're looking for trading then i suggest waiting for 2500$ price as it was the stable prize since july. So basically i think the decrease of bitcoin because the price is already overpriced, and the news from china just come in the exaxt same time to make it going lower