heartrodriguez28
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December 22, 2017, 10:07:17 AM |
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I agree that it's making quite a dangerous drop, that's why never buy while BTC price is still falling or else you might find yourself with huge losses. Only buy when price starts to stabilize around a support level.
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No Gods or Kings. Only Bitcoin
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ActiveMars
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December 22, 2017, 10:08:29 AM |
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It is too early to burst:) W e will be watching on bitcoin price nearly $ 100-300k per coin before everything goes to zero. You can buy digital currencies and don't worry about anything.
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bitPico
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December 22, 2017, 10:13:04 AM |
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The value of Bitcoin dumps really hard from almost 20000 USD Dollar to 13835 US Dollar. Does the bubble already burst?
Much lower to go; we dumped everything at the top. ✌️😀 |
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heartrodriguez28
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December 22, 2017, 10:14:00 AM |
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This is a really deep deep correction. Momentum might still be on the bears' side since people are selling out of fear most probably.
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talkbitcoin
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All I know is that I know nothing.
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December 22, 2017, 10:14:15 AM |
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there was never a bubble to want to burst. unless you can $19666 as a bubble and its burst to end at $14000 then you are absolutely right, the bubble burst and it was over.
the fall that you currently are witnessing is because of the panic sellers and the FUD and also the fact that bitcoin fees are increasing at an alarming rate. none of these are good for bitcoin price.
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jomarthegreat89
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December 22, 2017, 10:15:24 AM |
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I agree with you. This is no bubble, just a deep correction as someone mentioned above. It may look like a sell-off because it is one. People are afraid.
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Blue2012
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December 22, 2017, 10:22:17 AM |
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I don't think so,, it is just many people now are selingl their bitcoin because they need money now as the christmas is now coming. Just hold your bitcoin and for sure it will recover again and will increase more. It is now the time to buy more bitcoin since the price is decreasing.
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francesyrus
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December 22, 2017, 10:26:56 AM |
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I think big whales are just starting dropping btc price, lets follow what they are doing buy when dump and wait for the big pump before selling it again. Whales are making big money right now.
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danielwwt
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December 22, 2017, 10:27:10 AM |
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Last a couple of weeks, a lot of altcoins have reached ATH.
This is just profit taking. Also, tax thing comes around the same time. This is why bitcoin dumps so hard this time.
However think about the other side, with introduction of how to collect tax, it's is another way of saying crypto is an ASSET that has value.
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jomarthegreat89
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December 22, 2017, 10:28:50 AM |
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I think big whales are just starting dropping btc price, lets follow what they are doing buy when dump and wait for the big pump before selling it again. Whales are making big money right now.
Good idea dude. It's best to let go of your losses (if you are at a loss) and buy again when the price has bottomed out. Soon it will I'm sure. |
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Chinatsu Akasaki (OP)
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December 22, 2017, 10:49:42 AM |
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no its just another chance to make a huge ton of money mate. All you have to do is take advantage of this drop and buy as many coins you can.
I am just scared that the value of Bitcoin may not increase again. I hope you are right because I am planning to invest in Bitcoin. I am going to wait until its value decrease more and then I will buy Bitcoin as many as I can. |
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chocobo21
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December 22, 2017, 11:01:41 AM |
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No man ! I dont think the bubble already Burst ! Bitcoin just got a little bit mainstream and I know a lot of people want to join and buy crypto, especially people in Wall Street ! Also bitcoin will probably have an ETF soon so I think it will pump up a lot if they announce it, I know a lot of family members who are waiting for bitcoin to drop so they can buy it. The bubble will burst when there is no one who want to buy ! Which is not the case here
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BelieveInBTC
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BookiePro.Fun - The World's Betting Exchange
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December 22, 2017, 11:19:54 AM |
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Why do you always have to panic when the price starts to decrease? Bitcoin will recover soon, it's the perfect time to buy more. Unfortunately, I don't have any spare money. In my opinion, Bitcoin value will continue to increase. Many people become interested in cryptocurrencies this year and I doubt they will stop using them anytime soon. Personally, I can't leave Bitcoin. Am I addicted?
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Chinatsu Akasaki (OP)
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December 22, 2017, 11:25:50 AM |
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It is too early to burst:) W e will be watching on bitcoin price nearly $ 100-300k per coin before everything goes to zero. You can buy digital currencies and don't worry about anything.
How sure are you that the price of Bitcoin will reach 100000 USD Dollar to 300000 USD Dollar? Is not that overpriced? Will people still buy Bitcoin at that price? On my opinion, some people will never be interested to buy Bitcoin at that huge price even if they are rich. |
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Chinatsu Akasaki (OP)
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December 22, 2017, 11:41:29 AM |
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Why do you always have to panic when the price starts to decrease? Bitcoin will recover soon, it's the perfect time to buy more. Unfortunately, I don't have any spare money. In my opinion, Bitcoin value will continue to increase. Many people become interested in cryptocurrencies this year and I doubt they will stop using them anytime soon. Personally, I can't leave Bitcoin. Am I addicted?
The reason why I made this thread is because I have read an article about the decrease in the price of Bitcoin. It says there that the decrease in its price happens because the regulators in US halt share trading in The Crypto. |
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Chinatsu Akasaki (OP)
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December 22, 2017, 11:50:34 AM |
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I think big whales are just starting dropping btc price, lets follow what they are doing buy when dump and wait for the big pump before selling it again. Whales are making big money right now.
Oh, now I know. Thank you for the idea! I hope the price of Bitcoin will be dumped more to make Bitcoin more affordable. |
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wail3Bahwu
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December 22, 2017, 12:20:53 PM |
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The value of Bitcoin dumps really hard from almost 20000 USD Dollar to 13835 US Dollar. Does the bubble already burst?
when you say bubble burst that mean price about 1$ or less from 20,000$ bitcoin have big pumps this year and also must have some dumps |
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btcmerich
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December 22, 2017, 12:27:27 PM |
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we went from 2700 USD to 19000 USD in less then 3 months. it is now playing around 13k-14 , So answer to your question is NOOOOO!
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Chinatsu Akasaki (OP)
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December 22, 2017, 12:56:58 PM |
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No, it`s not. These are only periodic ups and downs of Bitcoin, which we have observed dozens of times. So do not panic. Christmas holidays are one of the factors of such price jumps of Bitcoin. Everyone deduces money from their wallets, so the price falls. But I think, that after a new year within a few weeks the price of Bitcoin will grow again and even reach a new record.
I think you are right. I hope Bitcoin will reach a new record so that the Bitcoin I will buy at a low price will not be wasted. |
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Chinatsu Akasaki (OP)
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December 22, 2017, 01:06:52 PM |
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I agree that it's making quite a dangerous drop, that's why never buy while BTC price is still falling or else you might find yourself with huge losses. Only buy when price starts to stabilize around a support level.
I will take note of this one. Thank you for your wonderful tip. I will always take a look at the price of Bitcoin to inform myself. |
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