Is it as bad as it seems to be?

[TheKubizz]

Hey! I know the dip have to happend after such "to the moon race". But itsn't it too bad? I mean we are looking at 20% losses last 7 (seven!!!!!) days. What do you guys think about it? I don't want to panic yet, but it scares me.

[unamis76]

We've had it worse That's pretty much what I think about it.

[smartbitcoininvestor]

Nope, this drop is definitely predictable. First of all, look at who's causing the drama, the CFO of Chase Bank! Of course he is going to be wary of Bitcoin because it completely goes against the fundamentals of his beliefs. The natural ebb and flow of investments is to go up and down due to the media. A good business is still a good business despite what the media may say about it. Understand that the media has huge influence when it comes to the perception of value for things.

[caravel]

It's not as bad as it looks.
BTC has crashed several times already to get where it is today.
This is just a small dip before a big price increase.

I recommend you buy more BTC while it's cheap.  

[aplistir]

Hey! I know the dip have to happend after such "to the moon race". But itsn't it too bad? I mean we are looking at 20% losses last 7 (seven!!!!!) days. What do you guys think about it? I don't want to panic yet, but it scares me.

We are still a LOT higher than 2 months ago.

Only 2 months. And we also got some bitcoin cash.

Bitcoin is and has always been volatile. I don't worry yet.

[emuLOAD]

things seem _that_ bad?

[popolite11]

Hey! I know the dip have to happend after such "to the moon race". But itsn't it too bad? I mean we are looking at 20% losses last 7 (seven!!!!!) days. What do you guys think about it? I don't want to panic yet, but it scares me.

Yes it is not so funny situation. But... But it is cryptos world.
If you will be patient you can wait until next x10 in 1 year. I mean what was from start of 2017 - all altcoins rise up in 10-20x.

[13abyknight]

Hey! I know the dip have to happend after such "to the moon race". But itsn't it too bad? I mean we are looking at 20% losses last 7 (seven!!!!!) days. What do you guys think about it? I don't want to panic yet, but it scares me.

Its definitely not as bad as it looks, the price is not continuously decreasing but is seeing a bumpy up and down ride with the panic sellers making the price look low. Looks like a combined effort by all the FUDers to make it look even worse and right now it is paying off because people are falling prey for it. I wouldn't be surprised if this was a move by the big players to get a grip back into Bitcoin with huge investments during this dip.

[kaedcoin]

If you want to use %, remember mid July, when it fell to 1850$ from nearly 3000$. It was a 35%+ correction (or drop), right ? So, no, that's not (yet) as bad as it seems to be.

You can't rely on numbers, percentages, formulas, to decide if you can afford to lose your money or if you can hold long enough to see your BTC recovering. There's no science in here, i'm afraid.

[Snaic]

There is nothing wrong with temporarily reducing the rate of bitcoin and other crypto currencies, even if there is a significant decrease. Recently, everyone has got used to the fact that bitcoin is continuously growing in price. It does not happen all the time. After ordering the circulation of crypto currency in China, its rate will again rise. Therefore, there should not be a place for panic.

[xCryptoManiaX]

Its great time for buying in, buy the dip and enjoy the cheap coins! July all over again.

[Whiplash Wally]

This week the sky is falling, next week it's lambos to the moon, same as always.

[Karmakid]

Hey! I know the dip have to happend after such "to the moon race". But itsn't it too bad? I mean we are looking at 20% losses last 7 (seven!!!!!) days. What do you guys think about it? I don't want to panic yet, but it scares me.

I think its normal in crypto currency,
Anything could happen at any moment so we need to be always ready .

[bitllionaire]

Hey! I know the dip have to happend after such "to the moon race". But itsn't it too bad? I mean we are looking at 20% losses last 7 (seven!!!!!) days. What do you guys think about it? I don't want to panic yet, but it scares me.

Its definitely not as bad as it looks, the price is not continuously decreasing but is seeing a bumpy up and down ride with the panic sellers making the price look low. Looks like a combined effort by all the FUDers to make it look even worse and right now it is paying off because people are falling prey for it. I wouldn't be surprised if this was a move by the big players to get a grip back into Bitcoin with huge investments during this dip.

that is right that still the investors are there and they are trying to give support to bitcoin price, but the panic sellers are making the condition more worst from time to time, i am sure that the panic selling will over soon and after that the price will start increasing again.

[Johnnywelsh]

I would have thought a pullback is good for the long term stability of Bitcoin and all the other currencies. Shows that it's not just being inflated by hype and that slowly the 'real' value is increasing year on year.

[wildflower18]

Hey! I know the dip have to happend after such "to the moon race". But itsn't it too bad? I mean we are looking at 20% losses last 7 (seven!!!!!) days. What do you guys think about it? I don't want to panic yet, but it scares me.

I think its normal in crypto currency,
Anything could happen at any moment so we need to be always ready .

Yes this is happen many times btc always crashes and down to what we expected. If taking a risks it is good to buy and wait for the uptrend. It is win win situation by holding and you can get profit by still believing in btc.

[Preclus]

It isn't so bad. China is only about 80% of bitcoin trading and China only has 20% of the world's population. If China shuts everything down, you still have 20% of bitcoin trading and almost 80% of the world's population. Unless other countries, like the US. follow suit and start banning things. But the odds of that happening are probably in the next year is only 50% or so.

[leopard2]

It is only bad if you believe that BTC will never go back to 5000....

Panic and despair.

people felt that way in 2014,  BTC dropped 80% but after 3 years it was higher than ever before....

[soy]

But no, there is nothing serious. It is that speculation, there is nothing concrete behind, just the fear of frustrated investors who panic and sell at a loss everything they have ... The bitcoin project is still as solid and it's not qlq% less that will make it less interesting. Squeeze your belt, business will resume very soon and there, you will have to be on the move so as not to miss out on great opportunities!

[shinratensei_]

It isn't so bad. China is only about 80% of bitcoin trading and China only has 20% of the world's population. If China shuts everything down, you still have 20% of bitcoin trading and almost 80% of the world's population. Unless other countries, like the US. follow suit and start banning things. But the odds of that happening are probably in the next year is only 50% or so.

Forget about the chinese, The only answer that gives an impact in the future to build the decentralized exchange site which gives the more anonymous to the users and that will be more secure rather than use the decentralized exchange site. Chinese and US against us but Canada,japan and swiss are our friends.