Bitcoin will bounce again starting Tomorrow, buy the dips

[donbu7]

I have been reviewing the volume of Bitcoins trade now and compare to the 22nd of August and it has and increase volume of almost 30% more today. I belive is because of a big sell due to china news, but however some one is buying the Bitcoins, so I am sure that over tonight the price will touch the bottom price, and either tomorrow morning or over the next 2 to 3 days is going to bounce back very very fast.  It is a good entry point now.

Well that is what I think. 

[jhayzxenon]

when there's a panic sell, expect a happy buyer
i just wish the price will go lower till next day so I can join the bloody party 

[ragnar0k]

Does that mean we have to face another 24 hours like this?
 

[BigBoy89]

Does that mean we have to face another 24 hours like this?
 

I think it's possible to face another 24 weeks like this and it's making me nervous. But what we can do beside to hold? I hope to be like OP is saying - go up in 24 hours, but I don't believe it.

[player514]

Does that mean we have to face another 24 hours like this?
 

I think it's possible to face another 24 weeks like this and it's making me nervous. But what we can do beside to hold? I hope to be like OP is saying - go up in 24 hours, but I don't believe it.

I mean, technically you could sell if you wanted to. Always realize that technically you haven't made any hard cash until you cash out of Bitcoin. But I'd say hold for a little longer. The drops may be followed by people trying to jump onto the train.

[chickenado]

Does that mean we have to face another 24 hours like this?
 

I think it's possible to face another 24 weeks like this and it's making me nervous. But what we can do beside to hold? I hope to be like OP is saying - go up in 24 hours, but I don't believe it.

I mean, technically you could sell if you wanted to. Always realize that technically you haven't made any hard cash until you cash out of Bitcoin. But I'd say hold for a little longer. The drops may be followed by people trying to jump onto the train.

That’s not appropriate if you are selling while the price is at struggling stage, but the greater chance will be in the highest sell value. If you really needed it for important purposes like emergency expenses, then you can sell 50% of it. Well the opportunity of the next pump might be greater and people now started to realize that those speculations were just a tactics of several investors seemingly wanted the price to drop down it value.

[donbu7]

China is waking up, so I asumm there will be more sells  because of the news of their goverment, and the price will drop more but after it will bounce fast.

So Hold on tight, and if you can buy the dips.

[batang_bitcoin]

Does that mean we have to face another 24 hours like this?
 

I think it's possible to face another 24 weeks like this and it's making me nervous. But what we can do beside to hold? I hope to be like OP is saying - go up in 24 hours, but I don't believe it.

Dude don't use the word "nervous". Didn't you know it has a domino effect to the people here? I'm seeing that we are now on a blood hell week and this can occur for one week if not earlier than 3 days. We can't do anything now but to let the storm calm and keep on holding. Whenever bitcoin is pumping too much very quick expect that there will be a quick dump too.

[ragnar0k]

Does that mean we have to face another 24 hours like this?
 

I think it's possible to face another 24 weeks like this and it's making me nervous. But what we can do beside to hold? I hope to be like OP is saying - go up in 24 hours, but I don't believe it.

There should be some kind of BC detox workgroup they do, where they force you to foget about bitcoins, so you can check back after 3 year
Stupid blockfolio always there asking for attention

[kwukduck]

Don't worry, there will be no bounce.
This crash will keep on going on and on.
Don't forget that this was just a small ban, bigger nation wide bans will follow, other countries will follow, the November hard fork will follow.

[DKFL]

You guys need to relax. If China bans BTC, the price will rise, not decline. If your government blocks your access to BTC you will then buy more BTC as protection from this government. Also, don't forget that Facebook and Google are completely illegal in China (I was just there. You type in Google.com and just get a blank page), and the value of both is sky high.

Other governments have actually legalized Bitcoin. It is legal tender in Japan. Russia is rolling out crypto trading on the Moscow Stock Exchange. And so on...

No one can guess the exact bottom. But when BTC is $500,000 in 3 years or so, you won't care if you paid $3,000 or $5,000. Don't think pennies. Think big picture here.

[ethereumhunter]

i see bitcoin have many challenge to be solve if bitcoin want to be worldwide and china banning is the one challenge. i think in future, there will be more challenge like this and will make people getting panic (again). but as long as we can buy more bitcoin with low price, i think it will give benefits to us and beside that we can add more amount of bitcoin in our wallet. don't worried about bad news, i am sure that there will be a way for bitcoin to reach more people.

[Casdinyard]

You guys need to relax. If China bans BTC, the price will rise, not decline. If your government blocks your access to BTC you will then buy more BTC as protection from this government. Also, don't forget that Facebook and Google are completely illegal in China (I was just there. You type in Google.com and just get a blank page), and the value of both is sky high.

Other governments have actually legalized Bitcoin. It is legal tender in Japan. Russia is rolling out crypto trading on the Moscow Stock Exchange. And so on...

No one can guess the exact bottom. But when BTC is $500,000 in 3 years or so, you won't care if you paid $3,000 or $5,000. Don't think pennies. Think big picture here.

You hit it right brother.
Yeah China's news had a big impact in crypto world but this is not the end of the world for all of us. We still have the western countries and other countries in Asia. So don't cry over nothing and think bitcoin had survive many issues and this is just like nothing compared to those. Everyone have different perspective, either you see the glass half empty or full. It's all up to you.
Personally, I would rather sit back and relax, grab some popcorn and wait this show to be over.

[iamTom123]

We all hope that it would soon bounce back when hitting the bottom. The problem is that the whole market keeps on expecting and listening more bad news from China so that anytime there is an opportunity to get back it immediately receded and fall again. We all have been victimized by the China Effect...it is doing the massacre right now and if the market would not learn to disconnect itself from China there is a chance that Bitcoin can go back to $10 next week.

Is China a country that Bitcoin can not live without? What potion did the Chinese threw on Bitcoin that is always want to be following all the news in there?

[kwukduck]

We all hope that it would soon bounce back when hitting the bottom. The problem is that the whole market keeps on expecting and listening more bad news from China so that anytime there is an opportunity to get back it immediately receded and fall again. We all have been victimized by the China Effect...it is doing the massacre right now and if the market would not learn to disconnect itself from China there is a chance that Bitcoin can go back to $10 next week.

Is China a country that Bitcoin can not live without? What potion did the Chinese threw on Bitcoin that is always want to be following all the news in there?

That Sir, would be the potion of having 80% of all trading volume and 60-70% of all Bitcoin holdings.

[vroom]

FUDduck at work

[xypos]

I have been reviewing the volume of Bitcoins trade now and compare to the 22nd of August and it has and increase volume of almost 30% more today. I belive is because of a big sell due to china news, but however some one is buying the Bitcoins, so I am sure that over tonight the price will touch the bottom price, and either tomorrow morning or over the next 2 to 3 days is going to bounce back very very fast.  It is a good entry point now.

Well that is what I think. 

Well BTCChina is now confriming to shut down all operations.

Not sure what exactly were their thinking but this has definitely affected markets. Basically BTCChina was one of the most prominent exchanges in China and this means that all exchange activities have to go to other exchanges, which may shut down as well.

There are FUD but there are real news as well. I do think that a price rebound is in site, though not sure when exactly and whether or not it's gonig t obe a bull trap.

[donbu7]

I have been reviewing the volume of Bitcoins trade now and compare to the 22nd of August and it has and increase volume of almost 30% more today. I belive is because of a big sell due to china news, but however some one is buying the Bitcoins, so I am sure that over tonight the price will touch the bottom price, and either tomorrow morning or over the next 2 to 3 days is going to bounce back very very fast.  It is a good entry point now.

Well that is what I think.  

As I predict, the roller coaster still going on, but finally it seems there is a bad news that at the end is a good news, what I mean is that China has finally place a notice to the local exchanges of its country to close TODAY, why is good for the Bitcoin because with that news the speculation regarding was going to do the goverment of china, was making the price go down, now that we all ready know that they have to close today, prices might start to picking up again as of right now.

Hope you had the balls to hold, and in case you had some money got more BTC in the dips.

[777Bitcoin]

This is the best prediction seems to be on the bridge of reality as of today, the price is increasing as of now and hoping it will be beginning of the new rise that can we look for a 5000$ value in the end of September. I'm little bit recovered from a worse state of me yesterday and my limitations or threshold seems to be failing for a moment but I'm still here. Hoping for the best for all of us.

[criz2fer]

Bitcoin have already bounce today at $3850. Nice one, I have already buy some of it for a long term investment up to next year. Hope that the market will be stable until the end of the year. Cheers!!!

[Lagduf]

Bitcoin have already bounce today at $3850. Nice one, I have already buy some of it for a long term investment up to next year. Hope that the market will be stable until the end of the year. Cheers!!!

Where you see that, because i just see the price of bitcoin was stable at this time and it was around 3650++ and if  But i hope to see the price of bitcoin to the moon again at the end of this year and i can sell my bitcoin at the high price again. And buy the dips. That will need the more good news to give an impact to the price of bitcoin.

[Rajamuda]

Well i also believe your prediction, i'm sure once bitcoin will soon recovering and leads to the height again, from the current movement is really visible this like as trying recovery and lead to higher direction. So, i think it's good just keep waiting & be patient, entrusting bitcoin will be continues to give us a good hope. Good luck to us and keep doing our best.

[pisston]

Well i also believe your prediction, i'm sure once bitcoin will soon recovering and leads to the height again, from the current movement is really visible this like as trying recovery and lead to higher direction. So, i think it's good just keep waiting & be patient, entrusting bitcoin will be continues to give us a good hope. Good luck to us and keep doing our best.

for some reason a very strong optimistic forecast for tomorrow. Maybe it's just exaggerating the information, which can later turn out to be a little gloomy. Although I believe that Bitcoin will go up, but not tomorrow.