DIW
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December 01, 2017, 10:31:24 AM |
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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.
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mathiaslivis
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December 01, 2017, 10:34:44 AM |
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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 $1000 by Christmas. If the money is encrypt, it is necessary to prepare for the rise and fall. It's going to be normal
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sofi@
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December 01, 2017, 10:59:57 AM |
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You shouldn't be worry to much just because you experience a dump on bitcoin value, it is a normal activity, a fluctuations that bitcoin always experience you'll realize after few days everything will be back to normal and a much higher value for bitcoin will be welcome by many investors. Have faith because bitcoin will always end up giving us good returns.
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AngelJoshua (OP)
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December 01, 2017, 11:30:34 AM |
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Its finally moving up again ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) even i only have 80$ 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 ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) 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.
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talk1236
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December 01, 2017, 11:37:08 AM |
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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
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mwsind
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December 01, 2017, 11:39:44 AM |
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Bitcoin price is get back $10,125.50 i know that market strategy i hope bitcoin cross $25000 in 2018. i holding my bitcoin.
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paolo099
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December 01, 2017, 11:46:44 AM |
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reaching 15k$ 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.
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wihrn
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December 01, 2017, 11:54:31 AM |
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don't worry, it will probably grow again ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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bug.lady
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December 01, 2017, 11:57:24 AM |
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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 $1000 by Christmas. If the money is encrypt, it is necessary to prepare for the rise and fall. It's going to be normal
yes, not very surprising that the correction happened. When btc broke 1000 USD for the first time, it went down to 200-600 levels and stayed there for like a year.
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mindrust
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December 01, 2017, 11:59:44 AM |
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Im wondering why bitcoin price suddenly get back to 9.5k$? i was really feeling bad of it because why it need to dip when i need to withdraw some of my bitcoin ![Sad](https://bitcointalk.org/Smileys/default/sad.gif) 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$+ , i know that not much but for me its totally a big lost ![Sad](https://bitcointalk.org/Smileys/default/sad.gif) now i withdraw some of my bitcoin and lost my 50$ , if youre going to ask me why i need to withdraw it because it will get high soon ( i know ![Sad](https://bitcointalk.org/Smileys/default/sad.gif) ) but i really need the money now ![Sad](https://bitcointalk.org/Smileys/default/sad.gif) its was really like a very bad coincidence for me ![Sad](https://bitcointalk.org/Smileys/default/sad.gif) . ~Im not updated to bitcoin news for a the last few days thats why i think i didnt see that it was coming ![Sad](https://bitcointalk.org/Smileys/default/sad.gif) . 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. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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mobnepal
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December 01, 2017, 12:03:00 PM |
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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.
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Bitcoincole
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December 01, 2017, 12:04:53 PM |
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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 $50 which is not big but might be big for you.
Correction after a huge pump is normal and required for stable price growth.
You have to be carefull in going to withdraw your bitcoin because you might loss a big money on it if you are lack of monitoring on whats happening to the price before you withdraw or exchange it. To be able to determined weather the price are going down you might see the graph of prices were it stay in stable because that would probably effect down when the are straightly increase high.
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Yaunfitda
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December 01, 2017, 12:05:39 PM Last edit: December 03, 2017, 11:25:30 AM by Yaunfitda |
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Im wondering why bitcoin price suddenly get back to 9.5k$? i was really feeling bad of it because why it need to dip when i need to withdraw some of my bitcoin ![Sad](https://bitcointalk.org/Smileys/default/sad.gif) 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$+ , i know that not much but for me its totally a big lost ![Sad](https://bitcointalk.org/Smileys/default/sad.gif) now i withdraw some of my bitcoin and lost my 50$ , if youre going to ask me why i need to withdraw it because it will get high soon ( i know ![Sad](https://bitcointalk.org/Smileys/default/sad.gif) ) but i really need the money now ![Sad](https://bitcointalk.org/Smileys/default/sad.gif) its was really like a very bad coincidence for me ![Sad](https://bitcointalk.org/Smileys/default/sad.gif) . ~Im not updated to bitcoin news for a the last few days thats why i think i didnt see that it was coming ![Sad](https://bitcointalk.org/Smileys/default/sad.gif) . 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.
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R |
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Tony_Nguyen
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December 01, 2017, 12:07:36 PM |
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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.
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Dexion
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December 01, 2017, 12:08:18 PM |
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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.
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JanpriX
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December 01, 2017, 12:13:25 PM |
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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.
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arseaboy
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December 01, 2017, 12:15:23 PM |
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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.
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superhelper
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December 01, 2017, 12:21:59 PM |
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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.
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ufaiz50
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December 01, 2017, 12:25:40 PM |
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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.
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aoihs00
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December 01, 2017, 12:36:35 PM |
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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!
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