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lankyman (OP)
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December 13, 2017, 06:51:26 PM |
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hi , is there something to be worried about here since Bitcoin has dropped 1000 USD today , very scary
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mikeey89
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Blockchain enthusiast
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December 13, 2017, 06:56:38 PM |
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Don't look at the price, but the percentage. And this is very normal in crypto world. 15 % up or down in 24 hours shouldn't worry you.
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charlescoin
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December 13, 2017, 07:12:52 PM |
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hi , is there something to be worried about here since Bitcoin has dropped 1000 USD today , very scary
Bitcoin has its ups and downs but it's generally nothing to worry about because it goes up a lot over the long term. I bet by this time next week it will not only recover but also reach a new all time high. |
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bitcoinking11
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December 13, 2017, 07:14:30 PM |
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Well, after continuous upward trend, it is quite natural that correction in the bitcoin price has taken place. But these is not need to worry about, as the price would go up again.
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ryanweb
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December 13, 2017, 07:15:11 PM |
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What has me worried is how stable Bitcoin has been the past week... Look at the chart, it looks broken from Bitcoins usual wild price swings.
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sahil1301
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December 13, 2017, 07:19:33 PM |
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Ignore the Drops, I bet It will increase. Its better to hold as much coins as you can They will rise no doubt. Bitcoin is Unstoppable  |
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wantjokull
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December 13, 2017, 07:25:18 PM |
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I don’t think that there is anything scary in that one. The price has been fluctuating like this since few weeks. I mean we have seen more than 2K USD plus and minus in one day so it’s nothing as compared to that one. I believe you are desperate about the prices a lot due to fluctuating nature and your investment at risk.
Just to motivate you, keep your investment in place as bitcoin may come down but it will go even higher than current rate surely.
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shield132
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December 13, 2017, 07:34:13 PM |
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hi , is there something to be worried about here since Bitcoin has dropped 1000 USD today , very scary
Why is there something to worry? I would worry about the fact that it rised by 3000$ in some hours some days ago. It's pretty normal and will be even annivercary if we see price 4x lower. These sometimes stable and then very quick jump makes me more nervous than the fact that it fall by 1000$ somewhere. Also remember that Rise doesn't exist without Fall.... |
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synapsisxxx
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Decentralization shall be the end of the Old World
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December 13, 2017, 07:41:46 PM |
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Its half a trillion dollar worth of market cap now, with Bitcoin dominating 300 billion, there are many people in the world who are constantly buying and cashing out. These fluxtuations are nothing compared to the market cap.
Also, if you have noticed, since bitcoin is stabilizing over the last couple of days, money is pouring back again into altcoins.
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ndoromas
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December 13, 2017, 07:52:07 PM |
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Some owners of large amounts of bitcoin may also be the owners of large amounts of altcoin, they sell bitcoin solely to buy altcoin, in the hope that their altcoin has a stable price and rises in price from the previous level. Do not panic and be surprised at the bitcoin price changes, the more panicked and bandwagon sell bitcoin it will also affect the bitcoin price as well. Stay calm and endure, but all also depends on you, follow-up panic can make you satisfied or even vice versa  |
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lankyman (OP)
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December 13, 2017, 09:14:41 PM |
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Well, after continuous upward trend, it is quite natural that correction in the bitcoin price has taken place. But these is not need to worry about, as the price would go up again.
I reckon it will hit 20 000.00 This year still, and if not because of those selling before Christmas, maybe January/February. Last weekend the price took a nasty correction already so i thought it was done. Lets see how it goes. Its struggled to pass 17k and remain there this week. |
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saycryptohello
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December 13, 2017, 09:27:23 PM |
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hi , is there something to be worried about here since Bitcoin has dropped 1000 USD today , very scary
nothing critical, be calm |
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BlackRock
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December 13, 2017, 09:38:57 PM |
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LOL Were you not scary and worried when bitcon went up by $3,000 in 24 hrs ?  and why now ,when it falls just a $1000 Anything too much and too soon..will not sustain |
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HashieNewb
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CryptoTalk.Org - Get Paid for every Post!
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December 13, 2017, 09:42:27 PM |
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hi , is there something to be worried about here since Bitcoin has dropped 1000 USD today , very scary
You better get used to it, the price of the coin will only get larger over the years. The people that have Bitcoin will not be that sorry when they see the price increase. |
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mostkey
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December 13, 2017, 09:50:31 PM |
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hi , is there something to be worried about here since Bitcoin has dropped 1000 USD today , very scary
Why is there something to worry? I would worry about the fact that it rised by 3000$ in some hours some days ago. It's pretty normal and will be even annivercary if we see price 4x lower. These sometimes stable and then very quick jump makes me more nervous than the fact that it fall by 1000$ somewhere. Also remember that Rise doesn't exist without Fall.... very nervous when looking at rising bitcoin prices, and then falling within just a few hours, a high risk at stake on current crypto trading. very in pity if we are stuck in the vortex of unstable prices, |
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gabbie2010
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December 13, 2017, 09:51:11 PM |
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hi , is there something to be worried about here since Bitcoin has dropped 1000 USD today , very scary
hi , is there something to be worried about here since Bitcoin has dropped 1000 USD today , very scary
Definitely the price has hit a resistance and therefore pullback and drop $1000 while it ranges at $16K+ this is a regular occurrence in trading probably after this pullback or correction the price will break the resistance and push up to $20,000 in few days ahead. |
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MCVXYZ
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December 13, 2017, 10:00:25 PM |
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This is a normal process,Just imagine,In another situation everyone would be millionaires.The market of digital currency depends on many things.The main factor:people and sometimes they are afraid of losing money and they make decisions without the real facts, they just listen artifically created news and cann’t differ what is truth,but this is not only thing, defining of price.sometimes,there are real problems and I hope it will be fixed.
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Raven91
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December 13, 2017, 10:10:54 PM |
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That phenomenon is not actually new because it seems very normal.But according to its value graph.It didnt even drop at that rate.Maybe before posting such stuff,you must provide some proofs.And also,how come the "1000" usd will be back again in 16000?Maybe theres something unreliable with your post.By doing some research about its graph,the most highest drop in deceber 13 2017 was 15,000 usd.
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andylioe78
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December 13, 2017, 10:11:47 PM |
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Bitcoin has its ups and downs but is generally unnecessary to worry as its price goes up in the long run. after a continuous uptrend, it is fair if a bitcoin price correction has occurred. But this is not to worry about, because the price will rise again.
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Voice-Of-Reason
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December 13, 2017, 10:17:26 PM |
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The universal answer to this topic (for any crypto really)
"Look again"
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