The price of bitcoin decreases

[Palider]

the price of bitcoin is not always increasing it also has an other side, by applying the law of demand and supply i think the supply of bitcoin is very large thats why the price is decreasing. but there are always time that bitcoin price is increase without applying the law. events can also affect bitcoins price because lot of investors holds their money and wait for the good coins to buy.

[TitanGEL]

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

The price of the bitcoin is now increasing. I can say that the bitcoin will comeback and reach $6000 per each before the month will end. The going down of the bitcoin is now finished and it is now increasing.

[criz2fer]

As many forecasted the price of bitcoin, this will go to 5k by the end of the year. Since the price were too fast to increase, the  price also decrease fast. But look for the next 3 years in the bitcoin, noit in short term. Many countries are entering the cryptocurrency today but not as big as China's investment. Hope you look bitcoin in a positive way. 

[Powerman001]

I think that's only temporary because there are issues that are developing right now, it's our chance to collect bitcoin as much as possible

[xiboothrezi]

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

We can see it decline, but what you need to do is look at the big picture for a while. Bitcoin has gained thousands of USD in value this year, even if it goes down by $2k it will close the year with twice the price it had last year! Show me an investment that doubles its value in a year. Would you consider something like that a bad investment?
That's how Bitcoin works. For each 1$ you pay for it in a year or 2 you'll get 2 or 3. It's possible that it will go up by 4 or 5 and then fall back to 2, but you will still be making money, so stop with that negativity.

yes right, i like your thoughts. although in this week bitcoin prices are down, but it is worth noting that the current price is still higher than last year's bitcoin price. I'm pretty calm, though yesterday lose a few million in IDR.

[karmamiu]

I am quite worried because it's been 4 days since the price of bitcoin drops and it doesn't fluctuates going up. I'm afraid this would continue and I'll be losing big amount from my earnings. I hope it will recover soon and bitcoin will rise and reach $5000

IMO bitcoin can be increase up to $ 4000 once again , so let's wait to see it happen on October !
Don't look bitcoin is short term but see in long term so you can see that bitcoin keep increasing over time  ( over 7 years bitcoin increase up to 3000 % )

              I know this is commonly said here but, just relax it will be fine in the next few days or maybe weeks, just don't panick nothing will ever come good if you let your feelings write over your thinking. And one more thing i really agree with you, that bitcoin is an investment for long term not for shorter term.

[ReLieD]

Yea the prices of Bitcoin falls again. The main reason before was  because of Chinese and later it was JP Morgan. But now there are people out there saying that the news of china boycotting Bitcoin was fake . So probably if that's true then the prices of Bitcoin would rise soon

[hahay]

Bitcoin prices are not decreases but falling hard. I do not know what the right reasons. During panic yesterday I had sold bitcoins that I had intended to hold for a long time but the financial need that made me sell bitcoins at low prices.

[nrvasquez]

if you learn what the current situation means, you will regret it later because it has happened so often. many beginners who regret what they have done, because they suffered losses when doing panic sell, and it turns out the price back up. you should be able to understand the bitcoin cycle to be able to declare a statement like that.

[Karpeles]

You are looking at the wrong time frame or suffering from selection bias, or maybe was unlucky to enter the market. There is no need to go back when the prices were sub $10, this year bitcoin went from around $1000 to above $1000, I doubt any conventional non-crypto investment did better this year.

[kpcian]

yeah. it's the normal case for the Bitcoin. it also should be considered that every currency market usually goes up and down. so that it doesn't matter about the price decrease the price of Bitcoin. this time chine is the main reason for decreasing the price. normally people sell their Bitcoins when they got scared by any negative news. but the trend has been changing. The price of Bitcoin increasing again.

[megynacuna]

yeah. it's the normal case for the Bitcoin. it also should be considered that every currency market usually goes up and down. so that it doesn't matter about the price decrease the price of Bitcoin. this time chine is the main reason for decreasing the price. normally people sell their Bitcoins when they got scared by any negative news. but the trend has been changing. The price of Bitcoin increasing again.

Exactly, panic sellers are always the losers eventually, they feed on negative news to make their decisions and these are the reasons why they sell in such a time when the price of Bitcoin is dropping and then becomes rueful when it bounces back up again. For me it's normal too because we've seen several tumbling in value and a corresponding increase after a while.

[NathanJB]

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

This happening now having the prices of bitcoin is not an event to be treated as something we should be panicked about. This is a blessing in disguise because Bitcoin is like trying to go down and let itself be affordable to many people who have been waiting for the price to go down so that they will buy some.

[Rose119]

I guess its normal if the price down or rise, bitcoin dont have a permanent price so what we expect?  If its decrease for now I'm sure that the previous price will return, and it can be double, and can fall again, we must be aware of the new price of bitcoin.

[JohnBitCo]

Its increase and decrease there's no fixed point for btc, Since mighty rumour in china banned bitcoins. I don't see any hope for bitcoins in November. I heard it will increase in the end of 2017 but still its not confirmed. Also there is unconfirmed news of bitcoin hardfork in november. I dont see any positive news lately which can make bitcoin fly to 5000$ by the end of this year.

[CasualSam]

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

The price of the bitcoin is now increasing. I can say that the bitcoin will comeback and reach $6000 per each before the month will end. The going down of the bitcoin is now finished and it is now increasing.

You can say it, but why do you say it? Why 6000?

[garytheasshole]

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

The price of the bitcoin is now increasing. I can say that the bitcoin will comeback and reach $6000 per each before the month will end. The going down of the bitcoin is now finished and it is now increasing.

You can say it, but why do you say it? Why 6000?

Because

[FabulousZombie]

I think right now Its stable at 3000 . so i doubt it if it falls more.
The lowest was 2600 or whatever some days ago.
So It will only keep going up. So yeah we both lost the chance for this investment But the price is good too now.

[funnyapple]

From my experience after spending so many time in bitcoin is that price of bitcoin is not decreasing because in this time bitcoin become very popular currency and it's price is always increases but some time it price fluctuate up and down.

[Akash1243]

I think after this huge dump bitcoins price is increasing steadily so I doubt that it would drop again to $3000 something.China banning ICOs affected bitcoins as people started panicking and therefore price dropped somehow.But I do think that this dump is normal as bitcoins has volatile or unstable market so there can be huge drops and huge rise.This dump is temporary thing bitcoins will be normal in few weeks.