What happend with BTC? BTC is going down under 7000 USD.

[aardvark15]

People we buying in advance of the Segwit2x fork so they could get both coins (2 for the price of one). Now there’s a bit of a sell off. There probably would have been a sell off after the hard fork anyway.

The question is how much of a drop will there be. Is this it or is this going to turn into a correction. Bitcoin is probably due for a correction anyway so that could happen now with the price already going down.

[omonuyak]

Sigwith2x two has been postpone and we expect the fund to flow back to altcoins market as what happen  last August cannot repeat itself.

[polarkraken]

Basically this is a good time to pile up some BTC before a new ATH is reached 

[equator]

What happend with BTC? BTC is going down under 7000 USD.

segwit 2x cancelled but BTC is going down under 7000 USD.

Almost people thought if segwit 2x cancelled, Price go up to 8000 USD.
But now Price is down.

How do you think about this situation?


I have more than 40 BTC now, And I am losing my money now.
I bought BTC at 7500 USD.....

Hold or not..

This happens because of everyone sold altcoin and converted it to bitcoins so that they can get benefit of SegWit2x free coins and then sell and buy more altcoin but due to cancellation of it now eveyrone is buying back their altcoins which they sold it and bitcoin is getting corrected. But i think withing 24 hrs we will see the recovery of bitcoin price very soon. As this is temporary correction and profit booking in bitcoin.

[akram143]

What happend with BTC? BTC is going down under 7000 USD.

segwit 2x cancelled but BTC is going down under 7000 USD.

Almost people thought if segwit 2x cancelled, Price go up to 8000 USD.
But now Price is down.

How do you think about this situation?


I have more than 40 BTC now, And I am losing my money now.
I bought BTC at 7500 USD.....

Hold or not..

Don't worry buddy just hold it is just normal fluctuation in bitcoin world,maybe the price drops is due to the canceled fork but i hope the bitcoin will recover from it soon.You just bought bitcoins if you want profit you have to hold it for long term bro don't expect too early bitcoin will give good returns too you.

[alani123]

Bitcoin prices are merely speculation. Not much to do with real world events. It was approaching 8k the other day but it's kept being very volatile ever since 7k was reached in the first place. I think that it's just speculative profit taking. If you believe it could go back then you could buy the dip but there's no guarantee for a return.

[dissgo]

Yeah, you're right.
Because of the news or announcement about segwit2x cancelled.
Peeps join investment or pump the btc like FOMO about segwit2x if btc goes higher and higher before able to enjoy segwit2x.
They think that they need to make profit as much as they can from segwit2x.
So now the crash starts.
just hold, cause I'm sure btc will bounce back soon

[mrjoy15]

Bitcoin prices are merely speculation. Not much to do with real world events. It was approaching 8k the other day but it's kept being very volatile ever since 7k was reached in the first place. I think that it's just speculative profit taking. If you believe it could go back then you could buy the dip but there's no guarantee for a return.

When markets volatile, this could be best chance to grab easy money. Thats why you take some profits when its up or down. Cash out in fiat and reinvest when it dips.

[Thanasis]

Yeah, you're right.
Because of the news or announcement about segwit2x cancelled.
Peeps join investment or pump the btc like FOMO about segwit2x if btc goes higher and higher before able to enjoy segwit2x.
They think that they need to make profit as much as they can from segwit2x.
So now the crash starts.
just hold, cause I'm sure btc will bounce back soon

This is normal in the bitcoin because it is due to decrease in the demand of bitcoin but soon it will recover from the price drop.But i expect that the price will increase more after the fork cancelled but it is happening upside down nearly $ 1000 decreased.But the experts says bitcoin will hit $ 10000 by the end of december so i expect that too it will happen so i suggest continue to hold your bitcoins.

[cryptothreads]

Yeah, you're right.
Because of the news or announcement about segwit2x cancelled.
Peeps join investment or pump the btc like FOMO about segwit2x if btc goes higher and higher before able to enjoy segwit2x.
They think that they need to make profit as much as they can from segwit2x.
So now the crash starts.
just hold, cause I'm sure btc will bounce back soon

Yes, Bitcoin will definitely increase and keeping Bitcoin at this point is very important as I can be sure Bitcoin prices will tend to increase more and less tends to fall. I think keeping BTC is always a good choice and should not be sold in a hurry

[LeaderAMB]

What happend with BTC? BTC is going down under 7000 USD.

segwit 2x cancelled but BTC is going down under 7000 USD.

Almost people thought if segwit 2x cancelled, Price go up to 8000 USD.
But now Price is down.

How do you think about this situation?


I have more than 40 BTC now, And I am losing my money now.
I bought BTC at 7500 USD.....

Hold or not..

This is simple, on a week from 1 to 8, November te price of bitcoin went up from $6600 up $7800 too fast so bitcoin need to go down to consolidate the price at $7000. i think bitcoin is going to back $7000 tomorrow and most likely go up $8000 at the end of November.
You are holding more than 40 BTC and bought at $7500, big money and i understand that you feel to worry when the price of bitcoin is go down but before buy bitcoin i think you should identify how long time will you hold bitcoin? and dont interested in the price of bitcoin

[simantobd]

What happend with BTC? BTC is going down under 7000 USD.

segwit 2x cancelled but BTC is going down under 7000 USD.

Almost people thought if segwit 2x cancelled, Price go up to 8000 USD.
But now Price is down.

How do you think about this situation?


I have more than 40 BTC now, And I am losing my money now.
I bought BTC at 7500 USD.....

Hold or not..

just hold your bitcoin,Its just regular panic.Dont panic,just wait for next pump.
I am holding my bitcoin.

[ditinhu]

People bought Bitcoin to profit from the fork, however as the last one was canceled, everyone who had btc or is selling or is exchanging for altcoins that makes the value of bitcoin fall a lot.

On the other hand the altcoins go up the values. Who is in charge of the market is bitcoin and if it falls the value helps the altcoins to rise thus generating a profit for the people who have altcoins.

I hope that Bitcoin stabilizes the value thus maintaining the market of the geito that is.

[n00bsaibot]

People bought Bitcoin to profit from the fork, however as the last one was canceled, everyone who had btc or is selling or is exchanging for altcoins that makes the value of bitcoin fall a lot.

I hope that Bitcoin stabilizes the value thus maintaining the market of the geito that is.

I agree with you 100% ... it will bounce back and probably hit 10k in next few months

[littlebill16]

People bought Bitcoin to profit from the fork, however as the last one was canceled, everyone who had btc or is selling or is exchanging for altcoins that makes the value of bitcoin fall a lot.

On the other hand the altcoins go up the values. Who is in charge of the market is bitcoin and if it falls the value helps the altcoins to rise thus generating a profit for the people who have altcoins.

I hope that Bitcoin stabilizes the value thus maintaining the market of the geito that is.

Couldn't have put it better myself, I feel that bitcoin will come out of this slump fairly soon however, I don't see the value really falling much below 6500 and then the market as a whole can begin to recover and go green (I hope)

[BartS]

What happend with BTC? BTC is going down under 7000 USD.

segwit 2x cancelled but BTC is going down under 7000 USD.

Almost people thought if segwit 2x cancelled, Price go up to 8000 USD.
But now Price is down.

How do you think about this situation?


I have more than 40 BTC now, And I am losing my money now.
I bought BTC at 7500 USD.....

Hold or not..

You bought near the top and that is always a bad idea, I’m not trying to bash you or anything but you do not seem to know a lot about trading so even if you are going to lose money if I were you I will sell and then take my time to learn a lot more about bitcoin and trading once you do that you can come back and invest in bitcoin or altcoins because if you keep investing the way you are doing it you are going to lose all your money.

[sk.kumar3582]

What happend with BTC? BTC is going down under 7000 USD.

segwit 2x cancelled but BTC is going down under 7000 USD.

Almost people thought if segwit 2x cancelled, Price go up to 8000 USD.
But now Price is down.

How do you think about this situation?


I have more than 40 BTC now, And I am losing my money now.
I bought BTC at 7500 USD.....

Hold or not..

wooow, bct will continue to go down at least until nov 15, no doubt

but afer that it might get back to original moves, means move up slowly, but it may take some time to reach 7500 again

if you think you can do sth better with your money, better to sell it now, before you lose more, but if you can wait, price will get back to 7500 in few weeks or mont

[Kloug]

Stop panic-selling your BTC's, at least wait for me on monday when my EUR will have arrived.

How are so many even selling, when most of them must have bought post-6000eur?

[adrov]

Stop panic-selling your BTC's, at least wait for me on monday when my EUR will have arrived.

How are so many even selling, when most of them must have bought post-6000eur?

I love it, the more it crash, the better for us HoDL-ers to buy-in again :=)x)

[Kloug]

You bought near the top and that is always a bad idea, I’m not trying to bash you or anything but you do not seem to know a lot about trading

That guy didn't do wrong, he bought BTC when it just had dropped (from a short spike, but still) 500eur.

Meanwhile a lot of people started buying, at the top, an already overpriced BCH. And these won. Call it balls or luck, but that goes against your "buy low sell high".

I hope the BCH isn't gonna kill the BTC. It's already going down right now, maybe that will push the BTC back up. Surely it made some people very rich.