Bitcoin Forum
December 14, 2024, 06:24:11 PM *
News: Latest Bitcoin Core release: 28.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: Disasterous downfall in the price of the bitcoin  (Read 155 times)
Naitik (OP)
Member
**
Offline Offline

Activity: 714
Merit: 11


View Profile
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
Hero Member
*****
Offline Offline

Activity: 1106
Merit: 638


View Profile WWW
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
Full Member
***
Offline Offline

Activity: 196
Merit: 100

Decentralization shall be the end of the Old World


View Profile
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
Newbie
*
Offline Offline

Activity: 70
Merit: 0


View Profile WWW
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
Newbie
*
Offline Offline

Activity: 155
Merit: 0


View Profile
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
Legendary
*
Offline Offline

Activity: 3402
Merit: 1927


Shuffle.com


View Profile
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.

██████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
██████████████████████
.SHUFFLE.COM..███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
█████████████████████
████████████████████
██████████████████████
████████████████████
██████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
██████████████████████
██████████████████████
██████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
.
...Next Generation Crypto Casino...
xxjumperxx
Sr. Member
****
Offline Offline

Activity: 588
Merit: 272

Buy Bitcoin!


View Profile
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
Member
**
Offline Offline

Activity: 194
Merit: 12

Staker.network - POS Smart Contract ETH Token


View Profile WWW
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

   ⚡⚡ PRiVCY ⚡⚡   ▂▃▅▆█ ✅ PRiVCY (PRIV) is a new PoW/PoS revolutionary privacy project ● ☞ ✅ Best privacy crypto-market! ● █▆▅▃▂
    Own Your Privacy! ─────────────────║ WebsiteGithub  |  Bitcointalk  |  Twitter  |  Discord  |  Explorer ║─────────────────
   ✯✯✯✯✯                 ✈✈✈[Free Airdrop - Starts 9th June]✅[Tor]✈✈✈ ║───────────║ Wallet ➢ ✓ Windows  |  ✓ macOS  |  ✓ Linux
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!