Bitcoin has dropped 1000 USD today13 December 2017

[red123]

Lol. More possible if BTC will grow up to 20k, than drop to 1k)

[googlebtc]

Why is there something to worry about? I would worry about the fact that it increased by 3000 $ in a few hours a few days ago. This is quite normal and will even drop if we see the price 4x lower. The sometimes volatile spike and then very quickly makes me more nervous than the fact that it fell by 1000 $ somewhere. Also remember that Rise does not exist without Fall .... Bitcoin has its ups and downs but generally nothing to worry about because its price goes up in the long run. I bet at this time next week it will not only recover but also achieve a new all time high. Obviously the price has reached the resistance and therefore the pullback and drop of $ 1000 while it is around $ 16K + this is a regular occurrence in the possible trading after a pullback or this price correction will break the resistance and push up to $ 20,000 in the next few days.

[Victorycoin]

hi , is there something to be worried about here since Bitcoin has dropped 1000 USD today , very scary

By now it shouldn't be stranger to see Bitcoin drop by as much as $1000 within 24 hours, because it does climb up by even much more within the same time frame. At the high it presently is, profit taking looks appealing and a good number of such is enough to pull the price down, so it's nothing to worry about, Bitcoin is rather becoming more formidable with each passing day.

[shadow404]

sometimes the price will go up and down depending on how interested in a coin. here the pump happens on bitcoin and now there is a dump but if meliht from last price it is down but all will be back as before so do not worry for it

[Bitcoinjheta]

hi , is there something to be worried about here since Bitcoin has dropped 1000 USD today , very scary

By now it shouldn't be stranger to see Bitcoin drop by as much as $1000 within 24 hours, because it does climb up by even much more within the same time frame. At the high it presently is, profit taking looks appealing and a good number of such is enough to pull the price down, so it's nothing to worry about, Bitcoin is rather becoming more formidable with each passing day.

I don't think there's something we should worry about this price drop. Bitcoin has climb at its peak and even it will drop it is still expensive over dollars. For sure in the coming days it will rise again because its price is really fluctuating. Just monitor its chart every now and then.

[A1exander]

No reason to worry now. $1000 drop is less than 6% or $17k. For bitcoin it is perfectly normal, just a minor correction. I was not worried by the previous one, which was more than 15%. Moreover, I was relieved to finally see it after that crazy uninterrupted surge from $10k.

[sohel436290]

I just want to say this is wrong thinking, check toady it's to be 1 bitcoin = 16000 usd above & price increase continuously i think bitcoin will be 20000 end of this year.

[lei wu]

trader needs to pay holiday few next weeks, drop 1000 usd is not big deal. big thing will happen next years, many of us predict that bitcoin hit 132216.00 CNY by 2018

[Sallysakky]

While Bitcoin price remained unchanged, all top altcoins are growing! Looks like futures return Bitcoin on the earth.
If BTC price won't grow in the coming days it will be bigger drop.

[balefires03]

i only can enjoy the other's happiness. (others = people who play with it)

[meepowithaghs]

I think it is just temporary since there are sayings that bitcoin is a bubble. Not a good time to lose hope because there are many supporters of bitcoin that could buy and make the demand high again.

[redsuncrypto]

hi , is there something to be worried about here since Bitcoin has dropped 1000 USD today , very scary

I think this very normal to crypto currency, don't panic, consider carefully about market, volume etc

[taiwww]

Bitcoins rolldown by $1000 is not a big deal. After a high of $17300 last week, these corrections are expected. Even dropping by $1000 bitcoin has recovered the same day more than $900. This is a normal process. Actually it is chance to earn more money for bitcoin traders. Bitcoin traders buy on every fall and sell on every rise. When China banned bitcoin, it has dropped nearly 20% a day but recovered soon and now crossed a record mark.

[putlink]

If only the crazy bitcoin up, in fact, more than a short period of decline even more horrible

[magneto]

hi , is there something to be worried about here since Bitcoin has dropped 1000 USD today , very scary

No idea what the reason is. Probably just panic dumpers dumping their coin because they haven't seen profit for a few days now or profit takers wanting to make money and pull out their investment from bitcoin because it rose so fast.

Either way, i'm holding for now. $20k is going to happen soon and it's just a bad idea to dump this soon i think.

A $1k dump is actually only around 6% right now which isn't that big of a deal honestly, especially for cryptos since they are just so volatile. No need to panic at all.

[bitbunnny]

Nothing to worry about. Since the price is so high it has become "normal" that the price drops or rises a thousand of dollars or even more is not that dramatic. So that is no reason for panic but the great ground for trading,,especialy on daily basis and to make nice profit. Always look at the price dumps as opportunity to make more money in the future.

[JoyofCrypto]

When worried about such drops all you should do is zoom out the chart and look at the bigger picture. Then you'll understand that there's nothing to be afraid of, it's normal for all crypto currencies to do so.

[elloco4ever]

When worried about such drops all you should do is zoom out the chart and look at the bigger picture. Then you'll understand that there's nothing to be afraid of, it's normal for all crypto currencies to do so.

That's exactly what makes me wondering as these kind of price pump and dump is common with crypto coins but why do these users lose their mind with a simple price pump as bitcoin has surged for more than 100% in last couple of months but worried about just a dump of 10% which is jut temporary and there are panic sellers and panic creators instead of focussing on these kind of dumps we should look at a broader picture as you said like whenever there is a dump it is followed by a pump.

[ivrynx]

I think this will depend on how we are as investors, if you are so happy if you see the value of your bitcoin going up around 10 folds, but will be worried with a drop of 1000 usd, i think bitcoin may not be the right investment for you, bitcoin's value is a record high, not all assets or currencies had attained a value like what we are seeing wih bitcoin right now, people who are new to bitcoin needs more learning experience and realize that a drop of 1000 usd will be a normal thing in the upcoming months, since bitcoin is highly volatile, they may need to increase their knowledge and not just go with the trend.

[JoMarrah Iarim Dan]

hi , is there something to be worried about here since Bitcoin has dropped 1000 USD today , very scary

Because of the fork yesterday, I already expected that bitcoin price will drop. I am not monitoring bitcoin price since last week, but after reading your post I am not surprised at all. Like of what everybody believe, I also believe that the drop is normal. Drop is not only for any other crypto currencies out there but also for bitcoin. It is possible because the price of bitcoin is not fix at all.  The only impossible is, if that bitcoin will only pump and will not drop. So I think you or we do not need to be scary, and no need to worry. Let us just ignore this thing because sooner or later it will recover and pump again.