TheMojo1 (OP)
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October 26, 2017, 10:44:17 AM |
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why after price Back to 5,500 back again to rise (Must price Down Because many sell BTC to get BTG)
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MiF
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October 26, 2017, 10:58:28 AM |
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why after price Back to 5,500 back again to rise (Must price Down Because many sell BTC to get BTG)
Did you sell your bitcoin and get upset because you thought bitcoin will start to pull down but instead it rise again or you just wondering the roller coaster happening to bitcoin value? Well this movement at the moment is very normal for a certain trading in which we cant predict the every mind of all people that some are selling their bitcoin because maybe they need it for emergency use and some people are buying bitcoins because maybe they have found a huge capital to use for investment. You can consider the abnormalities of the trade if sudden huge drop will occur for at least a week but don't panic because you might regret it. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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TheMojo1 (OP)
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October 26, 2017, 11:13:15 AM |
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why after price Back to 5,500 back again to rise (Must price Down Because many sell BTC to get BTG)
Did you sell your bitcoin and get upset because you thought bitcoin will start to pull down but instead it rise again or you just wondering the roller coaster happening to bitcoin value? Well this movement at the moment is very normal for a certain trading in which we cant predict the every mind of all people that some are selling their bitcoin because maybe they need it for emergency use and some people are buying bitcoins because maybe they have found a huge capital to use for investment. You can consider the abnormalities of the trade if sudden huge drop will occur for at least a week but don't panic because you might regret it. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) I sell half of my BTC when price 6,000$ and was thinking price will Down to 5,000$ after new fork BTG start (till yesterday this was right)
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pealr12
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October 26, 2017, 11:19:28 AM |
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why after price Back to 5,500 back again to rise (Must price Down Because many sell BTC to get BTG)
When they heard about bitcoin gold , everybody bought bitcoin just to have btg for free as in absolutely free. Anyone wants free and easy money isnt it? They will earn two times cause they bought bitcoin at low price and then they sell it at higher price ,with free bitcoin gold.
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LFC_Bitcoin
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October 26, 2017, 11:27:13 AM |
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I read something earlier that several Chinese exchanges are/will be trading bitcoin again. Their government is rumoured to be relaxing its ruling on the ban so this is probably the reason for the price increase we are currently witnessing.
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steveabrahams
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 26, 2017, 11:29:59 AM |
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I read something earlier that several Chinese exchanges are/will be trading bitcoin again. Their government is rumoured to be relaxing its ruling on the ban so this is probably the reason for the price increase we are currently witnessing.
Is it true ? Source please, if this is true the price of bitcoin will going up for sure. The price of bitcoin is increase up to $5,832 right now and I think it will keep increase. I actually surprised the price still going high, I thought the price will going down after the fork finished.
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DaMut
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October 26, 2017, 11:31:34 AM |
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not only you many people will think that way,but you should understand the fact in crypto market. it's totally manipulated by people and do you think they will move it exactly same like before ? absolutely not and it will always move to the opposite side, they made it exactly same like before but after people triggered by their action and dumping their belonging they made a turn around, it's a well prepared move by them and nobody know and understand how it works. if you're a crypto enthusiast,just holding it and treasure it well because it's not its real value yet. we will see another bullrun caused by them and other users.
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topper26
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October 26, 2017, 11:52:03 AM |
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the resiliency of bitcoin continues to gain strength. we knew there would be a dip following this gold fork and a sell off from the past ATH, however, bitcoin is leaping right back up.
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Seansky
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 26, 2017, 12:09:26 PM |
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the resiliency of bitcoin continues to gain strength. we knew there would be a dip following this gold fork and a sell off from the past ATH, however, bitcoin is leaping right back up.
Bitcoin making an epic comeback like this so soon is unexpected. Somehow it dumped -500$ after the fork has been released and right now within the span of only a day bitcoin recovered somehow and is now sitting at 5800$. Right now bitcoin is still down -200$, albeit the price's early recovery is an outstanding proof of bitcoin's resilience. Probably it will stabilize on the current levels in the next coming week and will just build up momentum there for another pump.
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Rozita
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October 26, 2017, 12:15:09 PM |
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The number of people who were satisfied with their amount of profit was low. Most of holders are waiting for next fork and also more profits in long-term. Demand is still high as people believe that higher prices are reachable.
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topper26
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October 26, 2017, 12:21:13 PM |
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i think we will breach 6k again in a matter of minutes we have surged past the 5900 mark like a knife through butter, this could be a great bitcoin day!
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fulmetal08larz
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October 26, 2017, 12:31:39 PM |
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In my opinion, the price of bitcoin's fluctuation and volatility in the market in the past 48 hours has just tested its support level to $5,500 and I personally think that it could go as much as $6,500 within the next few weeks because of another hard fork in November. Most investors are now calmer than before and have learned from August fork. We may see more rise and fall of bitcoin's price in the next few months but this is all normal and part of the cycle.
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cipher-x_09
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October 26, 2017, 12:42:56 PM |
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It is normal considering the fact that when you are engage in buying and selling or trading bitcoins prices may not go always the way you plan according to your accord well basically it varies upon the law and supply and demand the price depends upon the consumer the way they fell they buying and selling their bitcoins that is how the prices in bitcoins increase/decrease so don't just fret regarding what happens because it depends upon the importance of the item on the market.
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HeRetiK
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October 26, 2017, 12:45:10 PM |
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why after price Back to 5,500 back again to rise (Must price Down Because many sell BTC to get BTG)
Because BTG's impact on the BTC price was heavily exaggerated and outside of Bitcointalk very few people even cared about the BTG fork. Arguably not even on Bitcointalk many people did. I sell half of my BTC when price 6,000$ and was thinking price will Down to 5,000$ after new fork BTG start (till yesterday this was right)
Sorry to say, but price assumptions are not right until they actually occur. Take this as a lesson that markets, especially BTC, are not as easily to predict as one may assume ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Yet again, who knows? BTC may fail to break USD 6000,- and drop down to USD 5000,- after all. I wouldn't dare bet on it though.
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jtipt
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October 26, 2017, 12:47:04 PM |
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why after price Back to 5,500 back again to rise (Must price Down Because many sell BTC to get BTG)
As expected, BTG fork was not at all of any significance, just as mere opportunity to get a free altcoin. I wasn't expecting any drop more than of $500, that's what seems to be happening. Although the segwit2x fork might be of more concern, it has a lot of backing and support from miners as well as users so it might tank BTC's price significantly.
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alyssa85
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October 26, 2017, 12:49:28 PM |
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why after price Back to 5,500 back again to rise (Must price Down Because many sell BTC to get BTG)
Did you sell your bitcoin and get upset because you thought bitcoin will start to pull down but instead it rise again or you just wondering the roller coaster happening to bitcoin value? Well this movement at the moment is very normal for a certain trading in which we cant predict the every mind of all people that some are selling their bitcoin because maybe they need it for emergency use and some people are buying bitcoins because maybe they have found a huge capital to use for investment. You can consider the abnormalities of the trade if sudden huge drop will occur for at least a week but don't panic because you might regret it. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) I sell half of my BTC when price 6,000$ and was thinking price will Down to 5,000$ after new fork BTG start (till yesterday this was right) Stay calm. It's just making a final attempt to try to get past $6000. If it fails, it will be back down to about $5000.
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Casmania
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October 26, 2017, 12:57:42 PM |
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why after price Back to 5,500 back again to rise (Must price Down Because many sell BTC to get BTG)
Did you sell your bitcoin and get upset because you thought bitcoin will start to pull down but instead it rise again or you just wondering the roller coaster happening to bitcoin value? Well this movement at the moment is very normal for a certain trading in which we cant predict the every mind of all people that some are selling their bitcoin because maybe they need it for emergency use and some people are buying bitcoins because maybe they have found a huge capital to use for investment. You can consider the abnormalities of the trade if sudden huge drop will occur for at least a week but don't panic because you might regret it. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) No you can't have the assurance of not getting panic brother, because emotions will tend to lose if ever this current situations of uncertainties will dominate each and everyone's mind. People has challenged the price lately as investors will not stop pulling up on the price specially bigger whales, they had their own studies on how to make that investments grow so far. We couldn't blame on people to sell their bitcoin for money specially in rush needs, that's why we are able to experience faster dumps of the price. Well it's an opportunity for those buyers whose frustrated to buy during low btc value.
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loreykyutt05
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October 26, 2017, 01:00:08 PM |
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why after price Back to 5,500 back again to rise (Must price Down Because many sell BTC to get BTG)
this is what I taught also too bad that I just sell majority of my bitcoins when it was going down a little , I predict it that it will become below $5000 after the hard fork but now it continue to rise above that value , bad move for me well atleast I am ok with the bitcoin price rising since I still have few bitcoins left
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margarete11
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October 26, 2017, 01:13:32 PM |
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too bad if you sold already your bitcoins this is what I just expected but I did not expect that it will recover this fast . I predict that it wil continue to rise as holiday season approach those who buy bitcoins when the price go down a little has a sure profit this coming december
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TastyChillySauce00
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October 26, 2017, 01:14:51 PM |
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why after price Back to 5,500 back again to rise (Must price Down Because many sell BTC to get BTG)
this is what I taught also too bad that I just sell majority of my bitcoins when it was going down a little , I predict it that it will become below $5000 after the hard fork but now it continue to rise above that value , bad move for me well atleast I am ok with the bitcoin price rising since I still have few bitcoins left Well, that's why so many people always advice not to do panic selling otherwise you'll more likely to have this happened to you, this kind of bear trap often happen to bitcoin and it's a lot. There always some small dump occur after huge price pump and then it's going back to the ATH again for a moment, waiting for its right time to increase again. Atleast, you're still gaining profit from the increase of bitcoin price.
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