I Am Seeing RED !!

[novaprime]

There is much speculation that BTC prices may fall to $ 10,000 by the end of this year and this is entirely possible as investors are withdrawing and today's market capitalization has fallen by 20% . I think this is a good trait to buy Bitcoin because I am sure Bitcoin prices will rise dramatically in 2018

[saedasda]

Because there is a humor that Korea,China, and Japanese that there would be high fees to the exchanger thats why they pulling out.

[1bitcoinsnet]

The PROPHET warned other day
BTC to 10k then to 50k

2 weeks to months he gave as window

THE PROPHET OF BITCOIN is

www.SolAdoni.com

Other day BTC was 18k I made post here saying he warned huge correction hitting soon.

It took 2 days

Lol

www.SolAdoni.com

Is the prophet

Oh he has a bad ass satanic band too

www.Luciferius.com

Behold, LUCIFER walks the earth singing bad ass rock n roll blues

You can't make this stuff up

It's all true

Haha

[marcbitcoins]

The Bitcoin daily chart is starting to look like a Christmas tree. Actually, the Bitcoin correction is useful for future trades because it won't goes parabolic all the time. People are taking profit for Christmas, and the new year that is good, it's gives a chance for people to buyback BItcoin at a cheaper price.

Spending holiday seasons is the most common reason but I would like to consider the a long waited conspiracy of all bank owners and investors which are most are also billionaires that all of them conspired to defeat digital currencies so that they could preserve the threatened banking system using fiat in the world. If this is true, well they spend lot of billions of money just to pump then dump digital currencies.  

[Xie89]

The  cryptocurrency market right now is turning into a sea of RED...with almost all coins down not just with Bitcoin! I am sure that this can go down as one of the major corrections experienced by the market but just like in the past what goes down will also go up...we just need a little more time for things to settle down and get normal again.

This big dip is the best opportunity for anyone who has the money to buy cryptocurrency at the cheap rate and then make good profits when things will be normal again in a few days. Surely, things can get worse before they can get better. I am just holding on and just continue on watching the market go redder minutes after minutes until things can subside.

As to Bitcoin, what is your best prediction at the level it will stop sliding? The best answer will get a very special rpize from me...because I am the Bitcoin Santa Claus for 2017!

I predict $11800 as lowest Santa!

And indeed, very good times to invest.

[Wonder_woman]

The  cryptocurrency market right now is turning into a sea of RED...with almost all coins down not just with Bitcoin! I am sure that this can go down as one of the major corrections experienced by the market but just like in the past what goes down will also go up...we just need a little more time for things to settle down and get normal again.

This big dip is the best opportunity for anyone who has the money to buy cryptocurrency at the cheap rate and then make good profits when things will be normal again in a few days. Surely, things can get worse before they can get better. I am just holding on and just continue on watching the market go redder minutes after minutes until things can subside.

As to Bitcoin, what is your best prediction at the level it will stop sliding? The best answer will get a very special rpize from me...because I am the Bitcoin Santa Claus for 2017!

Then this will be the great opportunity again to all of us to buy back some potential alts to sell it again soon if the price rises in about 5-10x really great week for me.

[fenican]

For those looking to invest with your IRA's, the premium on GBTC almost evaporated. It fell from $3500 or so down to $1800 and the premium went from about 90% to only 20% which is actually fairly reasonable considering they are insured, have vault quality safe storage from a third party provider, and can be traded in and out of without fees. Also, they have averaged a 50% premium past 12 months so in addition to possible BTC appreciation you get the possibility that the premium on GBTC will revert back to its norm. The trust holds about 172,500 BTC, .092 BTC per share.

[1020kingz]

Yes you are right that this is the good opportunity to us to invest in some coins as we like because it has a low price right now, it all goes red almost all the coins because of the holiday expenses they all sell Some of their holdings to have money for the occasion thats why it all go down, but we can expect that it wil recover anytime soon.

[pugman]

A great opportunity like you said for us by  buy again.    Finally a correction is seen in the price, a healthy correction for the crypto market. Support should probably come to back up at prices around 10,000-12,000$ , and maybe during the month of January 2018,the prices could go back to the normal price again, so if people are really wishing to enter the market, now is the time, don't end up regretting later on.

[Nyenyepogi]

The  cryptocurrency market right now is turning into a sea of RED...with almost all coins down not just with Bitcoin! I am sure that this can go down as one of the major corrections experienced by the market but just like in the past what goes down will also go up...we just need a little more time for things to settle down and get normal again.

This big dip is the best opportunity for anyone who has the money to buy cryptocurrency at the cheap rate and then make good profits when things will be normal again in a few days. Surely, things can get worse before they can get better. I am just holding on and just continue on watching the market go redder minutes after minutes until things can subside.

As to Bitcoin, what is your best prediction at the level it will stop sliding? The best answer will get a very special rpize from me...because I am the Bitcoin Santa Claus for 2017!

I think this is the time that we need to buy  again and pick some cryptocurrency that have a potential so your money will going to increase soon just think 100 times and readcarefully by choosing cryptocurrency.

[CryptoBry]

correction start with fee then bitcoin after that all other effect with bitcoin crashing.

BCH more unstable than bitcoin up +30%  and down 20% in less than 24 hour

I can sense that there is a correlation between Bitcoin and BitcoinCash. Like right now, BitcoinCash is also crashing just like some other cryptocurrencies in the market. The message is quite clear: We are all in this together and if we allow other groups in cryptocurrency continue killing one another then we might as well forget about cryptocurrency. People who are supporting BitcoinCash should not do it by destroying Bitcoin because we can all co-exist happily with each other. The market is quite big so there is actually no need for a dog-eat-dog type of competition. We are all hoping that instead of the infighting going on, we should pick our fight with a more rationale mindset.

[mOgliE]

I guess it will go down for a while indeed, before things get better.

I personnally think that bitcoin will drop till 9k, that is to say levels around which it was before the high rise by the end of 2017...

And indeed, I think it is a great opportunity in fact and not the catastrophe some are talking about!

Though, of course, I cannot be sure. Still, I think there's no reason to freak out!

[bummm]

correction start with fee then bitcoin after that all other effect with bitcoin crashing.

BCH more unstable than bitcoin up +30%  and down 20% in less than 24 hour

This situation is the time of big opportunities for any new , fresh currency that has original ideas or technologies to develop. If you have a vision on the future of cryptomarket then chose the best currency that just appeared.

[Icey47]

I see a small bounce back up. I hope this holds or else, more panic.

[wail3Bahwu]

today all coins green bitcoin and bitcoin cash.

big game happening these days and no one know what happening.

[Xie89]

So Tom,

Your words:


"As to Bitcoin, what is your best prediction at the level it will stop sliding? The best answer will get a very special rpize from me...because I am the Bitcoin Santa Claus for 2017!"


What about it? 

[aso118]

The sea of red has turned into a field of green. Almost all coins have recovered some of their losses today. The correction was expected; Bitcoin had doubled in value in December itself (after increasing by a factor of 10 from January to November). Any rational person would expect a pull back, as some people book profits. The true believers won't be influenced by this short-time volatility.

[Captimiz]

Bitcoin will recover, the current fall in price is just people cashing out before Christmas and then investors see this and assume its bitcoin's bubble popping. But the Bitcoins price is not a bubble, it's price rise is due the rate at which bitcoin mining difficulty keeps increasing, which has made nearly all home GPU miners redundant and unprofitable and now only big mining farms can keep up, so its essentially these farms and large pools which control the flow of most bitcoins. As most of these guys are holding and spending, supply is low and demand is high and this keeps prices rising.

[Xie89]

Bitcoin will recover, the current fall in price is just people cashing out before Christmas and then investors see this and assume its bitcoin's bubble popping. But the Bitcoins price is not a bubble, it's price rise is due the rate at which bitcoin mining difficulty keeps increasing, which has made nearly all home GPU miners redundant and unprofitable and now only big mining farms can keep up, so its essentially these farms and large pools which control the flow of most bitcoins. As most of these guys are holding and spending, supply is low and demand is high and this keeps prices rising.

I do not agree about this christmas story:


https://bitcointalk.org/index.php?topic=2637662.0

[BCwinning]

The  cryptocurrency market right now is turning into a sea of RED...with almost all coins down not just with Bitcoin! I am sure that this can go down as one of the major corrections experienced by the market but just like in the past what goes down will also go up...we just need a little more time for things to settle down and get normal again.

This big dip is the best opportunity for anyone who has the money to buy cryptocurrency at the cheap rate and then make good profits when things will be normal again in a few days. Surely, things can get worse before they can get better. I am just holding on and just continue on watching the market go redder minutes after minutes until things can subside.

As to Bitcoin, what is your best prediction at the level it will stop sliding? The best answer will get a very special rpize from me...because I am the Bitcoin Santa Claus for 2017!

It's about the long game, not short term. It seems to have stopped sliding now and I don't see it sliding much more unless he US govt dumps their hoard onto the market all at once.