Bitcoin going down

[Omega Weapon]

Bitcoin going down and down, current is $11,833.00

Any idea where it will stop and what is the reason behind this massive dump.

The price is above 13k now, but I get what you mean, the price needed a correction, you need to understand that in order for the price to grow so much we need new people entering the market, which means that  a lot of new people got in in that last months and now we are seeing the consequences of that, a lot of people are selling in panic and losing money as a result.

[Shaour Zafar094]

it is highly likely that BITCOIN will go further down but also rise again with a high price as it happened many years ago.
i have heard some exchange got hacked thats why it is going down and down am not sure about this just heared.

[Dullmartini]

People say cme traders futures dump bitcoin because they want to buy at a low price. I bought more btc at $11k today. I think we are seeing a little bounce, maybe a bit of a bull trap, then it will go lower probably (I’m holding some cash just in case) and then in the new year everyone will be buying again.

[PranDoW]

Bitcoin goes down but Bitcoin cash up. Coincidence? Definitely not! There was a strong overflow from bitcoin into the cash. Bitcoin must die sooner or later, and cash will replace it

[Andreas1986]

Do we have any predictions for the weekend ?

Unconfirmed-transactions reached 274120
and the fee reached 990 satoshi / bytes,

[Tiennou74]

Bitcoin going down and down, current is $11,833.00

Any idea where it will stop and what is the reason behind this massive dump.

it is already stop dumping and it start rising toward to moon and 16,000$ soon so don't worry and happy trading 

Thanks
Regards

[dagon666]

Banks have been pushing people in Australia I know that for sure, Coinspot here has been forced to stop accepting instant bank payments for now.  There are also a lot of governments around the world that are threatening higher tax brackets for people who invest in Bitcoin and Altcoins.   I see this as the banks and governements fear that they cannot control it and trying to get a grip..  Desperate times , cause for desperate measures.. they can't handle the current massive transfers of wealth that they can't control.. 

[k-west]

Bitcoin going down and down, current is $11,833.00

Any idea where it will stop and what is the reason behind this massive dump.

it is already stop dumping and it start rising toward to moon and 16,000$ soon so don't worry and happy trading 

Thanks
Regards

It is dumping againg probably we will see 10k price before 2018.