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Disasterous downfall in the price of the bitcoin
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Topic: Disasterous downfall in the price of the bitcoin (Read 155 times)
Naitik
(OP)
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Activity: 714
Merit: 11
Disasterous downfall in the price of the bitcoin
December 21, 2017, 05:29:42 AM
#1
Yesterday a huge downfall in the price of bitcoin around 2000$.
What it seems to be,a sudden decrease in the price when every body want to invest in the bitcoin. Do it means that, Now less no. of people will invest in the bitcoin or it is like a drigger for the revolution of an new era.
HabBear
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Re: Disasterous downfall in the price of the bitcoin
December 21, 2017, 07:37:41 AM
#2
It's typical. 20% swings are very common, we've seen these cycles over 12 times this year. An 80% drop wouldn't be unheard of for Bitcoin.
When you buy and hold, it's more like "hodl"...hold on for dear life!
If you believe in Bitcoin, buy on the dips. If you don't, sell during a solid run up.
What's your average cost?
synapsisxxx
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Activity: 196
Merit: 100
Decentralization shall be the end of the Old World
Re: Disasterous downfall in the price of the bitcoin
December 21, 2017, 07:43:43 AM
#3
Another day. Another post of the same effect. Yes. Accept it and move on. Cash it all out as BTC will now dump to 0. Bitcoin is dead. Long live Bitcoin.
Neurogress
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Activity: 70
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Re: Disasterous downfall in the price of the bitcoin
December 21, 2017, 09:35:53 AM
#4
if it was a downfall from $18 to $16 I'm sure nobody would care. 2k for Bitcoin is just little more than 10%. It's the most usual thing in crypto, so no worries
Sall-Mo
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Activity: 155
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Re: Disasterous downfall in the price of the bitcoin
December 21, 2017, 09:43:49 AM
#5
BTC price fluctuations exist, you can compare the price in January 2017 and the current price, although there are increases and decreases, but the overall increase in the price of BTC is not it?
ralle14
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Merit: 1927
Shuffle.com
Re: Disasterous downfall in the price of the bitcoin
December 21, 2017, 10:06:16 AM
#6
Others are pumping bitcoin cash and coinbase also started accepting bitcoin cash then the small dip happened because of this. It's not that disastrous because bitcoin's price is still high if you compare it to the price few months back. It'll go back up once they're done trading with bitcoin cash.
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xxjumperxx
Sr. Member
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Activity: 588
Merit: 272
Buy Bitcoin!
Re: Disasterous downfall in the price of the bitcoin
December 21, 2017, 10:39:06 AM
#7
This is really a typical behavior for Bitcoin really... If this „small“ drop is too hard to handle, then cryptos are not for you. Crashes like this will happen over and over again!
Buy and hold or sell and pick something else to invest in.
xindoa
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Activity: 194
Merit: 12
Staker.network - POS Smart Contract ETH Token
Re: Disasterous downfall in the price of the bitcoin
December 21, 2017, 10:41:36 AM
#8
bch was running with it because of all the articles dat were released. it even was on our local news from the bitcoin.com website.
a lot of panic sells but i thing it wil recover
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