What's happening to Bitcoin?

[geyayy]

It is the nature of bitcoin, being volatile. But I think, the sudden dump or plunge of its price is just because of the Christmas season, and many people are now panicking because of this.

[sjefdeklerk]

the sudden dump or plunge of its price is just because of the Christmas season

LOL. That's indeed more likely the explanation than all those media reports that bitcoin is not suitable as payment system. It's because of Santa Claus!

[FantechG5]

I have choice to take daily trading and I allways sell if the value slightly higher than when I bought it. It is more secure i think couse we don't know when the price will be down. this time the price is already very high, although the price is very high and some analysts say can be higher, but did not rule out going down.

[Marrionbitcoin]

Bitcoin is taking a huge plunge!
Are you guys selling to be safe, or still hodl in the hope it will go up again?

In my opinion, we just need to keep calm, monitor and wait for the Bitcoin price to go up again. Decreasing price is a normal movement in trading and it also happens in a normal stock exchange.  Bitcoin is the mother of all crypto currencies so it's too big to fail. We all just need to hold for now and also take it as opportunity to buy additional Bitcoin because the price is low and eventually, I believe the price will rise again. For now, let's read the news about Bitcoin and make plans out of it. We can consider altcoins to invest as well. Just have faith that Bitcoin will rise again.

[cryptoroi]

I think to hold BTC BTC

[Wonder_woman]

Bitcoin is taking a huge plunge!
Are you guys selling to be safe, or still hodl in the hope it will go up again?

Im still prefered on holding it. Instead of making lanics you should think about the great potential and great future of bitcoin. Think that it has more become higher in the coming future, just hold.

[Ausgewielt]

Bitcoin is taking a huge plunge!
Are you guys selling to be safe, or still hodl in the hope it will go up again?

Why I have to sell my bitcoin? I don't even know about how huge plunge can scares you. I was observing about bitcoin price and bitcoin always expercience many huge plunge but the price always jump higher, it's like trampoline.

[chris200x9]

the sudden dump or plunge of its price is just because of the Christmas season

LOL. That's indeed more likely the explanation than all those media reports that bitcoin is not suitable as payment system. It's because of Santa Claus!

That's what some of the miners want to prove Bitcoin is not suitable for payments. But in the long run, I think Bitcoin will still overcome all these issues and still it will lead all cryptocurrencies. Now fees are too much and it takes many days to confirm your transaction unless if you ask for faster manual transaction confirmation from some service providers.

[konam123]

just relax be patient,always monitor bitcoin,just keep it until the price is high...

[twinkledthomas]

I am still holding. The fall in Bitcoin's price is due to the surge in BCH . It's quite obvious that they are pumping BCH again.
Am just waiting to see how hard they dump it this time. Bitcoin will grow stronger when BCH dumps it.

I am aslo hodling. I am sure that the price will rise up again. So no worries

[mamesso]

just relax be patient,always monitor bitcoin,just keep it until the price is high...

at least it is a smart solution, stay smart and not panic.
it is a good emotion. we can lose everything and panic is the classic cause.
we believe in Bitcoin.

[rphk]

May be due to Christmas days not sure. There is chance of bitcoin bubble not sure.  I believe it may go up also , need to wait for some more time and watch patiently ,because it may surge suddenly or if you feel you achieved the target that expected money is reached probably you can sell it part of bitcoin and rest can be hold. not to panic ,keep calm is the best one.

[speem28]

Bitcoin is taking a huge plunge!
Are you guys selling to be safe, or still hodl in the hope it will go up again?

Selling bitcoin is not playing safe, you are being wise with your bitcoin so that you can gain the most out of it. This is a common technique for bitcoin holders that can monitor the price change of bitcoin frequently. They are also not afraid to take the risk that is why they have more chance to earn more in bitcoin. I'm doing the same with bitcoin, I always check the price and when I see it is going down a notch, I immediately sell my bitcoin and buy at a lower price. Right now, I am too late to do that so I am just holding my bitcoin because I know for sure that it will go up again.

[GloriousDonkey52]

LOL, it is because of its volatility. Some of the owners right now are thinking to do panic selling. It will just make the price continue to go down. Just hold it for a while. Ride with the wave.

[glowing10]

I am still holding. The fall in Bitcoin's price is due to the surge in BCH . It's quite obvious that they are pumping BCH again.
Am just waiting to see how hard they dump it this time. Bitcoin will grow stronger when BCH dumps it.

I am aslo hodling. I am sure that the price will rise up again. So no worries

The fall yesterday went till 16k and in evening was back to 17500. then again it started to fell to 16400$ approx and again in few hours it started to rise and at present it has reached 17200$. From last 2 days the price is falling and rising up and many are getting panic and possible would be doing a panic sell. But as usual holding will earn you back your profits like before.

[Kim Ji Won]

This occurrence in bitcoin is a common thing. This always happens, and once it does, this kind of topic is an automatic. Getting carried away when seeing a dip in bitcoin's price is one thing that most people always end up. Our emotional capability when it comes to things like this will determine how far or how much we can earn in bitcoin. So for me, I want to play it safe and keep holding onto my bitcoin and wait for it to go back up again.

[Protected101]

Dont panic everything must gonna be okey it will be recover soon remember that its flactuating wait for its pump again.I am still holding my bitcoin just relax and it will gain more profit sooner or later.

[GloriousDonkey52]

New users and faint-hearted investors are now thinking to dump their bitcoin. I would feel sad for them, its a normal thing in bitcoin. The price will go down and up again.

[gabmen]

Dont panic everything must gonna be okey it will be recover soon remember that its flactuating wait for its pump again.I am still holding my bitcoin just relax and it will gain more profit sooner or later.

Many people are panicking now but this is exactly what happened around october when roger ver made a statement in favor of bcc. Bitcoin plunged to around 5k and then recovered to break ath after ath.

[GloriousDonkey52]

Dont panic everything must gonna be okey it will be recover soon remember that its flactuating wait for its pump again.I am still holding my bitcoin just relax and it will gain more profit sooner or later.

Many people are panicking now but this is exactly what happened around october when roger ver made a statement in favor of bcc. Bitcoin plunged to around 5k and then recovered to break ath after ath.

What do you think is the right time to dump the invested bitcoin. With whats happening right where people are panicking. LOL