QUANTOR (OP)
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December 28, 2017, 12:33:41 PM |
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Bitcoin is dropping! what to expect?! https://www.bloomberg.com/…/bitcoin-drops-as-south-korea-sa… I found this very interesting article on the web, check it out and let me know what you think  |
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Sjonnebonbon01
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December 28, 2017, 12:41:32 PM |
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The Bitcoin/USD chart is forming a classic Head & Shoulders pattern, which usually means trouble. Possible 10K incoming.
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canadian1980
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December 28, 2017, 12:57:37 PM |
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Bitcoin is dropping! what to expect?! https://www.bloomberg.com/…/bitcoin-drops-as-south-korea-sa… I found this very interesting article on the web, check it out and let me know what you think As per today's report, there is downward trend but hopefully it will move up in the days to come. It will gain value. |
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BitcoinHodler
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December 28, 2017, 12:59:57 PM |
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as long as it has not yet reached $12000 then it is not "dropping". it is within the tolerance of fluctuations in bitcoin. and right now price is still above $14000
this drop was mainly because of the SegWit2x fork in my opinion because if you look at the timing of it, it started right near the time where the fork was supposed to happen. that screams manipulation and panic sell from those who bought bitcoins temporarily in hopes of getting the free B2X coins that has been advertised in the past couple of days.
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Holding Bitcoin More Every Day
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Lpim01
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December 28, 2017, 01:08:20 PM |
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It is a big challenge for us and the entire crypto world, since not only bitcoin is dropping but also some altcoins. It is really hard to find out what is the reason for this crisis. But usually people are expecting a huge pump after this and we should not lose our hope.
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Ranly123
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★777Coin.com★ Fun BTC Casino!
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December 28, 2017, 01:11:04 PM |
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Bitcoin is dropping! what to expect?! https://www.bloomberg.com/…/bitcoin-drops-as-south-korea-sa… I found this very interesting article on the web, check it out and let me know what you think Bitcoin is droping and would still drop but while it drops many people will invest and buy bitcoin. Because the lower the price of bitcoin the higher will be the revenue of the coin when price rise back. Keep on monitoring the price of bitcoin in order not to get delayed on the forks of bitcoin. |
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fiulpro
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December 28, 2017, 01:13:36 PM |
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I do think that it's because of the new year😃 we all know how much one spends on the days like this maybe most of the people are encashing bitcoins so that they can pay for it.. is what I think..
Otherwise this up down trend is what makes a crypto currency .. boon...
I don't know why all of this is happening when .. the CAME suddenly started... That bitcoins future thing.. there is genuinely no lead so as what will happen next..
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coinycoiny
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December 28, 2017, 01:25:33 PM |
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It would drop faster if people could move their coins to exchanges quicker/cheaper.
Expect a slow drop with ups and downs every few days. Bottom in about 12 months.
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Lucius
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December 28, 2017, 01:39:51 PM |
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Bitcoin is dropping! what to expect?! https://www.bloomberg.com/…/bitcoin-drops-as-south-korea-sa… I found this very interesting article on the web, check it out and let me know what you think I think you should post it in Press section in the right way,link is just open Bloomberg main page. You are new so you think that BTC is dropping and this is some news,for days price is in range from 13 000$ to 16 000$ and it will take some time until it stabilizes.So there is nothing strange in this price movement,although it is pretty dramatic for some to see that price go down few thousands of dollars in one day-but this is BTC. For all of you who think the price is low,that BTC is dead or that South Korea means something,just check what was the situation at the beginning of the year and what it is now.In terms of price, amazing progress  |
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desi92
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December 28, 2017, 01:41:51 PM |
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Bitcoin is dropping! what to expect?! https://www.bloomberg.com/…/bitcoin-drops-as-south-korea-sa… I found this very interesting article on the web, check it out and let me know what you think I expect this happen because i want to buy bitcoin. I am sure bitcoin will go back to its treck up next year. |
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cizatext
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December 28, 2017, 01:42:33 PM |
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I don't totally agrees that the timing of SegWit2x is responsible for the downward movement of the price of bitcoin, so many factors has greatly contributed to to this the time of the year when most investors will like to cash out they bitcoin in other to enjoy the season with they live one.the challenges faced by the blockchains and mining farms that lead to thousands of unconfirms transactions and delay in transactions and also the panic selling has all contributed negatively to bitcoin price but nevertheless in as much as the price has not gone down below $10000k it still within the positive signal and bitcoin price will rise again very soon.
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selectaselectine
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December 28, 2017, 02:02:22 PM |
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I think it's normal, but it will be in a better state some time of the year. Aside from that, people would still buy and invest in Bitcoin because its value will increase soon enough.
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tech72
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December 28, 2017, 02:07:42 PM |
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Yes. Bitcoin did have a big drop 2 days back. It is generally expected for the price to shoot up to last All Time High. Give it some time it will reach 20k+ in no time. This is a very normal daily drop for btc. A thousand USD value rise and fall is quite normal, it will be recovered in just one pump.
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Ailmand
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December 28, 2017, 02:15:15 PM |
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Bitcoin is dropping! what to expect?! https://www.bloomberg.com/…/bitcoin-drops-as-south-korea-sa… I found this very interesting article on the web, check it out and let me know what you think I think this is to be expected. I mean, nothing, even in the strongest markets would climb non-stop without any sight of stopping or slowing down at least. It happens even to the best assets. However, it can also be seen as an indicator of the good things that is waiting to happen for it. I mean, bitcoin has increased in value and marketability at such a rapid and seemingly soaring phase in just the past two months. That shows that it's really beginning to become a big market player globally which would help to promote it more with people and basically would increase its value and transactions. |
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YuginKadoya
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December 28, 2017, 02:23:13 PM |
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as long as it has not yet reached $12000 then it is not "dropping". it is within the tolerance of fluctuations in bitcoin. and right now price is still above $14000
this drop was mainly because of the SegWit2x fork in my opinion because if you look at the timing of it, it started right near the time where the fork was supposed to happen. that screams manipulation and panic sell from those who bought bitcoins temporarily in hopes of getting the free B2X coins that has been advertised in the past couple of days.
Yup I agreed the time of the drop is prior to the starting Hard Fork that is gonna happen and it is not really sudden because there are certain warning that segwit2X will start the Hard Fork on the 28 of December and a sudden panic sell that have occurred prior to the Hard Fork, But I really think that the price is still high, and it will sure go higher when the Hard Fork got finish and prior in entering the new year. |
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the1world
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December 28, 2017, 02:24:23 PM |
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the price will rise back cuz a lot of people will buy it
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avikz
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December 28, 2017, 02:24:31 PM |
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Bitcoin is dropping! what to expect?! https://www.bloomberg.com/…/bitcoin-drops-as-south-korea-sa… I found this very interesting article on the web, check it out and let me know what you think I think it is due to the festive season bitcoin price is dropping. People are selling off their holdings to meet their expenses during the year end festive season. That is the reason why we are seeing a high number of transactions are adding to the Network and the fees is rising sky high. But this price drop has provided an immense opportunity for the investors like us to buy at a cheaper cost and average out our holding price. Currently we are not seeing the effect of that buying spree in bitcoin price but I am sure that the situation will start improving after the first week of January for sure. |
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imoet
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December 28, 2017, 02:29:56 PM |
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I think the situation right now is normal. It is not really a surprised. Many people expected that this situation will happen. It is the time people should think fast to buy coin. It is include a normal range to drop. So, It doesn't matter. It will improving next year.
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yonjitsu
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December 28, 2017, 02:31:59 PM |
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Expect a more deeper dip from its market price now because of the two global events in the last week of of this month. After all of that, expect also a major price hike in January and i believe that bitcoin is set to take off for hitting a new price high again.
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Kotone
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December 28, 2017, 02:35:16 PM |
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Bitcoin is dropping! what to expect?! https://www.bloomberg.com/…/bitcoin-drops-as-south-korea-sa… I found this very interesting article on the web, check it out and let me know what you think I think the most rational thing that we can expect for some cryptocurrency users to panic sell especially if they think that this is as hogh that bitcoin gets and with the banning in some countries that it can lead to the complete stoppage of bitcoin. |
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