What's going on with the price today?

[Ckjnow]

Just HODL 

[appiivenkii]

Things looked somewhat promising yesterday as it was holding steady in the mid-high 16k range, even breaching 17k. Now it's in the low 15k. What's going on? Are we still hodling? Newbie asking for a friend here.

This is the phase very many investors multiply their bitcoins by investing in alts..As u can see all most all alts are doing green since 3-4 days ...newbies who got in at peak gonna panic for sure but nothing to worry..this make lot of fresh investors getting their hand on bitcoin when they backed when it was nearing 20k

[maxxdxx]

Christmas is in 3 days. People are selling to have money for the holidays. It'll pick back up in the first 2 weeks of January. I remember it was about a month ago people were all excited that Bitcoin "might" hit 10k before the end of 2017. Even on this downward trend we're still way above what was once speculation and dreams. Everyone just needs to be a little patient I think. Let the dust settle.

[dificanovi]

bitcoin prices have decreased, in my opinion do not need to worry for bitcoin holders because bitcoin prices will rise again. I think it's time to invest.

[tukiMiN]

I think the bitcoin is being correction. for me it's better to hold the bitcoin you have right now, because I think the bitcoin price will increase later on.
I think if you have the money, better keep it not only on bitcoin.

[Headachez]

Everybody has a million different answers for whats happening, but the truth is. People are seeing the price drop, so they panic and sell... then it happens to the next person and next person and so on. But eventually everybody is gonna look at it and realize its so low and start buying again and the price will go right back up to where it started. If you had stayed away from checking prices for a few days you would have never even knew anything happened. Down and up. Up and down. Crazy swings. Thats the game. Buy low, sell high.

[glowing10]

bitcoin prices have decreased, in my opinion do not need to worry for bitcoin holders because bitcoin prices will rise again. I think it's time to invest.

The markets are getting very volatile might be the fall in place it seems. It has reached to 15k levels and may be before Christmas big players might sell and the btc prices may fall to 10k levels. Holding may be a little risk I think now since form 17k we have already seen it coming back to 15. if it rises from 15k its fine else the crash might be coming soon.

[bitorama]

don't worry, bitcoin price will be back

[Shenzou]

Things looked somewhat promising yesterday as it was holding steady in the mid-high 16k range, even breaching 17k. Now it's in the low 15k. What's going on? Are we still hodling? Newbie asking for a friend here.

Well with the transaction fees on bitcoin getting higher and higher and with it getting much slower, many people have decied to switch thier coins to bitcoin cash which at the moment shows some promising progress with the price going up to 3000$, and slowly this affected the bitcoin price, but with no worries we have seen the price going down a few months ago and soon it will go back again stronger than ever, so keep calm and hold your bitcoin, because if you don't you will regret it in the future.

[Marileno]

Nothing goes up in a straight line. When something runs so hard, there is going to be a natural cycle of profit taking along the way. This is normal.

[AGD]

One correction here, a few panic sells there ...

[coinycoiny]

Could go as low as $0.5k

[jona]

There is nothing to worry about the  drop,BTC have gone a long way with a lot of up and down but still fix itself so am not feared about the drop

[Nefarious]

It's just a normal healthy correction. It was well overdue & needed tbh. Things will pick up again soon

[harizen]

Things looked somewhat promising yesterday as it was holding steady in the mid-high 16k range, even breaching 17k. Now it's in the low 15k. What's going on? Are we still hodling? Newbie asking for a friend here.

Take note on how much the price increase in just few days rather than be worried of the current dip. Take advantage of it instead. If you have some spare funds, just enter.

You should understand that price dip is part of the game. Still going to hold your coins? It's up to you. It's not wise to do dump while the price is on downtrend because for me, since you are already on loss, then why just take more risks while taking advantage thru buying more?

If you eye for long term goals in bitcoin investment then ignore price dip or any kinds of FUD because your only focus is to increase your stash, that's all.

Risky? That's the challenge here so goodluck playing on it.

[Oerni79]

People leave Bitcoin for entering to Altcoins like Verge, Nxt, coval etc. Bitcoins influence increases i think

[tuiputui]

Winter is coming+++

So is lightning network... 

[Itty Bitty]

I don't think bitcoin would work too well as a network if 5 people controlled all the bitcoin.

If these drops end up redistributing coins to more people then that would seem to be a really good thing in the long run.

If in the end sharks and whales end up with more coins when the price turns back up, at the expense of noobs and many small time users, then this seems like bitcoin shooting itself in the foot, especially if this cycle is repeated over and over. I think this is where bitcoin differs greatly from something like Apple stock. 5 people could own all of Apple stock, and they'd still be in pretty good shape.

[dontoromeo]

December comes there are many expenses, and the demand goes down. They are not to bid broadly on the BTC, but for February it should go up or so I think

[The Alchemlst]

Things looked somewhat promising yesterday as it was holding steady in the mid-high 16k range, even breaching 17k. Now it's in the low 15k. What's going on? Are we still hodling? Newbie asking for a friend here.

Its normal, bitcoin's price will continue to go down before December ends because more investors sold their bitcoins when btc reach almost $20000 this month increase the supply of bitcoins in the market thus making the value low. Still bitcoin will increase this 2018 based on the btc market's behavior as I have observed I think it will go back up in no time.