Why Bitcoin price back to 9.5k$+ ?

[AngelJoshua]

Im wondering why bitcoin price suddenly get back to 9.5k$? i was really feeling bad of it because why it need to dip when i need to withdraw some of my bitcoin i dont have that much bitcoin , i only have worth 400$ bitcoin then when i woke up today ( i didnt check it for the last few days) what the! i almost lost 50$+ , i know that not much but for me its totally a big lost now i withdraw some of my bitcoin and lost my 50$ , if youre going to ask me why i need to withdraw it because it will get high soon ( i know   )  but i really need the money now its was really like a very bad coincidence for me .

~Im not  updated to bitcoin news for a the last few days thats why i think i didnt see that it was coming .

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[Pursuer]

exactly 1 month ago today the amount of bitcoin you had was worth $230 and today it is worth $350 and you are still complaining that you "missed out on" $50 ($44 to be exact) because you missed out on selling at ATH?!

if you need the money take it and be happy about the profit that you have already made. if you don't need the $350 then just leave it be, it is not really a big amount of money. but leaving it will give you more profit in long term than cashing it out now.

[AngelJoshua]

Yes i dont have choice right now   other people think that if i need money i must borrowed to some of my friends but it was really different now , but its ok i think its part of my cryto and personal life challenges , yes youre right i have it when it price is 300$ im just not that contented i think sorry

[BitCoinKeeper]

if you need the money take it and be happy about the profit that you have already made. if you don't need the $350 then just leave it be, it is not really a big amount of money. but leaving it will give you more profit in long term than cashing it out now.

AngerJoshua.  ^^^^^ THIS is TRUTH^^^^^^ X 1000%

[WhichIsGood]

This is just one of the many price fluctuations of Bitcoin. Fluctuations like these already happened many times this year. There is nothing we can do if you really needed the money and had to cash out at time of a dipped price. In the first place, you are well aware of the different kinds of risks involved when you invested in Bitcoin.  

[wantjokull]

I think you should take care of your investment in straight forward way by having some more patience. You have only one option right now, and thats called as “holding for long”.


Bitcoin has been passed through some market correction and that is why the prices are dropped currently. But with some more time the bitcoin will be going up sure shot. Come on we have seen this since so many days, weeks, years and always saw how bitcoin risen through all this period. Im sure this time it will not let us down. :-)


Keep the patience and I would say have more investment into it. You an always have some settlement for now and try to withdraw later in the time.

[knien]

If you need to take money out at a moment you don't want to, probably you didn't you didn't follow the important rule of crypto investment:
Never invest more than you can afford to loose. (in your case: money that you realy need to have available in short term)

[Lm2e4]

Don't worry it will soon be back to $10,000+ or higher, I might don't know the reason why bitcoin price goes back to 9.5k$+, but today, at this moment it's already $10,000 so you better to make more profit again. I think bitcoin will reach $12,000 before this year ends so just be patient and at this kind of volatility, holding is the right thing to do dude. Trust me!  

[percy_tc]

It is a normal (and healthy) correction. Thats it, nothing to worry about.

[Mike Dickhead]

Do not base your entire income around Bitcoin if you aren't tracking it... very basic.

Make smarter financial decisions so you don't need to dip into your investments.

[thet]

That is very normal in bitcoin history or in trading. Tgere is always ups and down of bitcoin price.

[gabbie2010]

Im wondering why bitcoin price suddenly get back to 9.5k$? i was really feeling bad of it because why it need to dip when i need to withdraw some of my bitcoin i dont have that much bitcoin , i only have worth 400$ bitcoin then when i woke up today ( i didnt check it for the last few days) what the! i almost lost 50$+ , i know that not much but for me its totally a big lost now i withdraw some of my bitcoin and lost my 50$ , if youre going to ask me why i need to withdraw it because it will get high soon ( i know  )  but i really need the money now its was really like a very bad coincidence for me .

~Im not  updated to bitcoin news for a the last few days thats why i think i didnt see that it was coming .

Yea, that is price action for you, bitcoin has been undergoing correction for now, you ought to have capitalize on the price hike when it was at $11000+ and sell off some of your coins  definitely there must be a price pullback after the hike, else you hodl your coin.

[Guber4]

Lol new to this game. Well you will learn some stuff in treading with crypto.
Oh and a reminder, correction is a fancy word for some things behind the curtain.

[JTPhotography]

9.5-10k is a good point for it to hold for a while and maybe the coming action on futures will cause the next bump to be a solid one, not a roller coaster.

[gilangIDR]

I think that's normal. Because bitcoin prices are constantly changing all the time, this is what distinguishes digital currencies and real currencies. Digital currencies are heavily influenced by conditions that we can not see. Sometimes there is a pump and some are doing a dump. But for some people this is profitable. Because we can take advantage of this condition. I am the one who does that and I am happy when the price quickly increases and decreases.

[krishnaverma]

This is called as  a correction in the price. You need not panic at this point, hold your investment.

[mmhaimhai]

Being on bitcoin for almost two years I already witness huge pump and dump for bitcoins so I can say its pretty normal and I already dont waste time thinking what the reason exactly is. Just let it that way. If youre afraid of losing then go sell them on current price and hold if you think there still more profits tomorrow.

[buwaytress]

Pretty pointless to ask now as the goal posts will keep shifting like this in extreme unpredictable conditions for the next few weeks. Throughout the past month, even since bursting past $5,000, they've been at best 2 or 3 days with "stable" prices, so that's really the best you can hope for at the moment. People can come up with the reasons, but with hindsight, that's always easier to do.

You bought $400 worth recently or you received it as payment? I'm suffering the same blues all the time since I get paid in Bitcoin. Some days I cash out at a loss, other days I gain a bit more if the price happens to spike. I've found it's no use waiting too much for the perfect timing. If you're earning frequently, then you'll probably find out the same.

[XCANA]

Bitcoin price fluctuations is a normal situation in the crypto currency market and no one change it. You ask why Bitcoin decline to $9,500 and failed to ask yourself why Bitcoin value from $4,000 to above $11,000 as at last week because all went in your favour without knowing that the recent decline is another blessing in disguise for rational investors to buy at a cheaper rate, so you should not complain for the recent decline in the market value of Bitcoin.

[tamango]

When you invest some money in BITCOIN or others crypto you have to know that you can have huge profits but also huge losses!
So the best way is to invest only money that you don't need... otherwise if you have to withdraw when price is low you can have huge losses!

[DIW]

At the CNBC global CFO conference, 97 CFO were asked about their views on bitcoin. And it was not surprise that 27.9% of them think the encrypted currency is true but was in a bubble state...

Bitcoin is an asset and as things go, a rather large asset if successful, but it seemed to be in a bubble state by rising non-stop. Users were thinking if it would ever stop rising. It was believed that with it's course and speed it could reach $15K with ease, but the rise did not last, it dipped back to $9500.
The 27.9% of CFO members probably have bad experience in Bitcoin and that was their view. In the end everyone has his own views and experiences on this matter. Whatever the case, Bitcoin has dipped or dumped many times but it has risen many times too.

Bitcoin will rise again and once again people will have their personal views on that too. No surprise.

[mathiaslivis]

There can't be a market that keeps rising forever. I think the correction is normal. There was too much profit in the early days, and I had sold a part of the bitcoin. But I still firmly believe that it will continue to reach $1000 by Christmas. If the money is encrypt, it is necessary to prepare for the rise and fall. It's going to be normal

[sofi@]

You shouldn't be worry to much just because you experience a dump on bitcoin value, it is a normal activity, a fluctuations that bitcoin always experience you'll realize after few days everything will be back to normal and a much higher value for bitcoin will be welcome by many investors. Have faith because bitcoin will always end up giving us good returns.

[AngelJoshua]

Its finally moving up again even i only have 80$ left as of now i still happy because the my i withdraw is worthy to use to something i really need to have now:) thank you very much guys and i also learned to some people who commented on my post yes crypto was really a playful world where whales are the one who will decides it they will going to increase it or decrease it.

[talk1236]

I think this is a temporary price adjustment and the Bitcoin price will soon return to $ 10,000. Bitoin has risen sharply recently and this year Bitcoin will reach $ 13,000 by the end of December

[mwsind]

Bitcoin price is get back $10,125.50 i know that market strategy i hope bitcoin cross $25000 in 2018. i holding my bitcoin.

[paolo099]

reaching 15k$ by the end of the year looks hard to reach unless the price skyrocket in a couple of days, price is still under correction but for sure id say BTC will steadily reach and stay 10/11k which is a great achievement.

[wihrn]

don't worry, it will probably grow again

[bug.lady]

There can't be a market that keeps rising forever. I think the correction is normal. There was too much profit in the early days, and I had sold a part of the bitcoin. But I still firmly believe that it will continue to reach $1000 by Christmas. If the money is encrypt, it is necessary to prepare for the rise and fall. It's going to be normal

yes, not very surprising that the correction happened. When btc broke 1000 USD for the first time, it went down to 200-600 levels and stayed there for like a year.

[mindrust]

Im wondering why bitcoin price suddenly get back to 9.5k$? i was really feeling bad of it because why it need to dip when i need to withdraw some of my bitcoin i dont have that much bitcoin , i only have worth 400$ bitcoin then when i woke up today ( i didnt check it for the last few days) what the! i almost lost 50$+ , i know that not much but for me its totally a big lost now i withdraw some of my bitcoin and lost my 50$ , if youre going to ask me why i need to withdraw it because it will get high soon ( i know   )  but i really need the money now its was really like a very bad coincidence for me .

~Im not  updated to bitcoin news for a the last few days thats why i think i didnt see that it was coming .

Money now is better than money tomorrow. Always.

People who bought 100 bitcoins from $1k price are now millionaires. And you are pretty much done when you hit $1M. They are going for Lambos now. Don't blame them, you would do the same. 

[mobnepal]

Yes it was just a bad coincidence for you, price is already over $10k so if you could have waited for just few hours you might not have lost those $50 which is not big but might be big for you.

Correction after a huge pump is normal and required for stable price growth.

[Bitcoincole]

Yes it was just a bad coincidence for you, price is already over $10k so if you could have waited for just few hours you might not have lost those $50 which is not big but might be big for you.

Correction after a huge pump is normal and required for stable price growth.

You have to be carefull in going to withdraw your bitcoin because you might loss a big money on it if you are lack of monitoring on whats happening to the price before you withdraw or exchange it. To be able to determined weather the price are going down you might see the graph of prices were it stay in stable because that would probably effect down when the are straightly increase high.

[Yaunfitda]

Im wondering why bitcoin price suddenly get back to 9.5k$? i was really feeling bad of it because why it need to dip when i need to withdraw some of my bitcoin i dont have that much bitcoin , i only have worth 400$ bitcoin then when i woke up today ( i didnt check it for the last few days) what the! i almost lost 50$+ , i know that not much but for me its totally a big lost now i withdraw some of my bitcoin and lost my 50$ , if youre going to ask me why i need to withdraw it because it will get high soon ( i know  )  but i really need the money now its was really like a very bad coincidence for me .

~Im not  updated to bitcoin news for a the last few days thats why i think i didnt see that it was coming .

We see some corrections in the last 24 hours or so and I think it has consolidated and moved towards the $10K again. Now, is the perfect time for you to withdraw you funds, or just wait till it officially it $10K again. LOL. $50, its nothing in crypto's, I think it did good for you because I feel that you are going to panic seeing the price going down in the last 24 hours.

I now think it might be a bad timing for me, but look at it this way, you are not the only one who have miss getting a big opportunity to earn. Maybe most of us also lost when we withdraw. Its part of the game. And remember the mantra "you should invest what you are willing to lose". I think you invest too much of your money here. You should also check at least once a day regarding the current price so that you can make a quick decision to sell.

[Tony_Nguyen]

exactly 1 month ago today the amount of bitcoin you had was worth $230 and today it is worth $350 and you are still complaining that you "missed out on" $50 ($44 to be exact) because you missed out on selling at ATH?!

if you need the money take it and be happy about the profit that you have already made. if you don't need the $350 then just leave it be, it is not really a big amount of money. but leaving it will give you more profit in long term than cashing it out now.

Price goes up and down. That is just a normal practice of the market. Many people keeps selling because they want to cash out and afraid of price drop.

[Dexion]

I replied, because the current bitcoin volume and spreadingnya decreases, note that bitcoin is very sensitive to bitcoin owners. and it will affect the bitcoin fluctuations.

[JanpriX]

Basically, what happened right now is that BTC attained ATH and is now consolidating. People started selling their BTC to take profit when it hit its ATH. Be mindful that this is normal especially with the bull run that it showed in the past days. It is very obvious that you are new to BTC and, I must say, to investing. My advice to you is that before investing to anything, try to learn something about it and don't just put your money into it. You need knowledge, vast amount of it, if you want to earn something out of this. Having a loss here and there is part of the investing process.

[arseaboy]

Yes it was just a bad coincidence for you, price is already over $10k so if you could have waited for just few hours you might not have lost those $50 which is not big but might be big for you.

Correction after a huge pump is normal and required for stable price growth.

You have to be carefull in going to withdraw your bitcoin because you might loss a big money on it if you are lack of monitoring on whats happening to the price before you withdraw or exchange it. To be able to determined weather the price are going down you might see the graph of prices were it stay in stable because that would probably effect down when the are straightly increase high.

who knows what will happen after a huge pumped happened, its better to understand the risk to avoid certain losses, I think we should always take
care of our investment, better to hold and wait when you already in a break even stage before selling your holdings if you really wanted to jumped
to another project.

[superhelper]

Why are you forgetting that Profit or loss is regular part of business! There is no reason to worry. Continue your regular investing with patience ‍and hold your remaining Bitcoin. I hope you will successfully recover your losses and get handsome amount of profits.

[ufaiz50]

most holders often experience the same situation as you and that's indeed the risk if we invest in bitcoin. you just are not in a good situation because you need money when bitcoin prices go down so I suggest not to invest all your money in bitcoin and then keep some of your money if you need it so do not take your investment. rise or down it's a familiar thing in every decentralized digital currency.

[aoihs00]

Im hearing lot about the market correction right now and you an read about it over the steemit blog or cointelegrah news also. Even I read it somewhere in the forum itself that this is all about the market corrections and nothing much to worry about. Once he thing is over there will restoring of the price automatically as the people come and starts to invest again in the crypto market.


I think we should be firm about the bitcoin market and keep our investment up and running. If at least 50% or more of the crypto lovers keep the faith in the bitcoin and keep investing into it then we will reach the mark of 15K sooner than enough. So yeah this fall to 9.5K is nothing but just a temporary thing according to my research from eh internet. So we are completely good here and do not worry about it at all. :-) Just motivating you in case you are falling for it and don’t want you to be part of panic sellers. Isn’t it!

[Nold]

The price of bitcoin strongly influenced by speculation. Small team big players can easily expand the course in any direction. But there is no reason to worry. The price of bitcoin will continue to grow.

[Casdinyard]

don't worry, it will probably grow again

Everybody should be used to it by now as it's always happening right in front of our eyes. Just see the graph and look how it dance as it moves up and down so nothing to worry about. Another forks are coming this month so better hold and wait for the drama to be over.

[ArnoldChippy]

don't worry, it will probably grow again

Everybody should be used to it by now as it's always happening right in front of our eyes. Just see the graph and look how it dance as it moves up and down so nothing to worry about. Another forks are coming this month so better hold and wait for the drama to be over.

that us right there is nothing to worry about the price of bitcoin. It is the nature of bitcoin that we see sudden increase and decrease in the price of bitcoin. But over all the price of bitcoin is increasing the price of bitcoin is expecting to cross 15000$ before the end of 2017. Because bitcoin price is already trading above 10000$.

[dificanovi]

don't worry, it will probably grow again

Everybody should be used to it by now as it's always happening right in front of our eyes. Just see the graph and look how it dance as it moves up and down so nothing to worry about. Another forks are coming this month so better hold and wait for the drama to be over.

if in case the bitcoin price falls, I think it is a reasonable occurrence of bitcoin prices. bitcoin prices often decline but the price will rise again, so we do not have to worry about this.

[Siopao]

Value fluctuations is a common and expected scenario in bitcoin industry, and it is better intended for long term investment so to gain higher returns. I think it is better for us to still save emergency funds for ourselves so we wont be forced to use our bitcoin investment, Just take it as a lesson learned.

[jayram]

Price fluctuations happens all the time, maybe because of price correction, when we look at the history of bitcoin, this always happens, but after that, its price will again surge and reached new level. Be assertive and patient because it will surely pays off in the end.

[Rinder]

Bitcoin is a high volatil currencie, since he has bigger value this will always increase the up and down along the value, the thing is why bitcoin went into 11000 dollars if there were no news that could make it jump, asides that at 2018 bitcoin will be allowed and traded at  Nasdaq, the second-largest stock exchange, soo a lot people are already speculating the potencial value once those trilions will be avaible to get into bitcoin.               

[bitfon]

Here already bitcoin again 11000 $! A few days after the correction. I think it will grow to 15 thousand by the end of the year, because futures trading will begin on December 18. This greatly influenced the price.