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captin crunch
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January 16, 2018, 09:55:56 AM
 #21

Some bitcoin holders are in panic, because of new regulations and restrictions which are discussed all over the world, china set some restrictions for mining, Korea recently adopted some new regulations and etc. these are reasons for decreasing of price. I think the situation will calm down in nearest future and syndrome of panic will be eliminated as well as bitcoin boom in December.

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January 16, 2018, 10:01:20 AM
 #22

As you rightly mentioned there that it is a fuss created by those panic sellers and newbies. By those who have very less or no knowledge about bitcoin and cryptocurrency in general.

This itself has the solution to it. Meaning, when there is a newbie they should first educate self over the ranges of topics on this forum and other valuable information available elsewhere as well.

 Ups and downs of bitcoins have always been there and it's not something new. Because the system is so volatile it inevitably occurs. This should not be misconstrued to bitcoin being vanished.

Keep your hold on your bitcoins and certainly, it will boost again. Panic selling and spreading of rumors won't help.

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January 16, 2018, 10:01:47 AM
 #23

Everyday, more and more fud are being spread all throughout the internet because of the recent happenings on bitcoin. Which causes the prices to decrease even more. Even when they do not have enough knowledge about bitcoin peole believe them because they are famous. I think this will be bad for bitcoin. Specially for newbies that only bought bitcoins for greed and don't understand how it works. They will surely panic sell and also spread fud about bitcoin because they lost capital because of their stupidity. This really is a but scary. But i sure won't be selling my bitcoins no matter what.

Well it's normal to be worried especially when we take the risk. I advice to you that you don't need to worry because I believe that bitcoin will rise again and all your patience will be worth it because you can sell your bitcoin with a high price. You need to have courage to overcome your worries. Just believe bitcoin will rise.

be patience is the best things that we should do now and just believe like other people that bitcoin will rise again. but somehow, bitcoin price is down, almost altcoin is down too and this makes me curious, what is going on now and it seems that the altcoin cannot increase highly like before. the altcoin is only waiting where bitcoin wants to go but I still have a hope that both bitcoin and altcoin will rise again and now, I think it is the time to just wait for a while.

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January 16, 2018, 10:04:58 AM
 #24

Entering this type of business is very crucial, especially if you are not particular of the things you are going to enter, Better study how it works, and make an investment something you can afford to lose, Best wishes to all newbies's, Goodluck:)
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January 16, 2018, 10:05:44 AM
 #25

We must help the newbies in bitcoin or cryptocurrency to learn on how they can handle the situation some negative rumors about bitcoin. It is not new to us that bitcoins price goes high and low so be patient
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January 16, 2018, 10:06:39 AM
 #26

it is a long term investment.
loads of people jumped on the bandwagon when the prices started going up in December and now we are experiencing a minor correction.
no need to worry.

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January 16, 2018, 10:08:03 AM
 #27

To be honest, short term traders who sit and do nothing while price goes below their buy price should be worried more about their trading plan. It only makes the situation worse as it is always safer to cut losses while still minimal...
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January 16, 2018, 10:09:48 AM
 #28

When all newbies learn and no newbies left, someone will find a way to make the market red again somehow.
Volatility will always be here. Earnings and losing is a part of the market.

You are right but as the market matures, we can hope that people will start o make informed bets depending on their own research and not just hype. The market will stabilize and those of us stuck between "learning to know" and "trading to earn" will have the time to not look at blockfolio every hour.
Right now, its like when you read too much, you miss all the 100x gains while other people make a killing right and left..
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January 16, 2018, 10:10:09 AM
 #29

This is what happens when people don't know what truly bitcoin is. Buying bitcoin and if they know that the price will go down, they will do panic selling. You are one of them who are worried about what is happening right now and instead of being worry about what is happening about bitcoin, gain some knowledge about bitcoin and you will not worry the next time this will happen again.

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January 16, 2018, 10:19:21 AM
 #30

Many investors withdraw money from bitcoin. This makes me very nervous Sad Huh Huh Huh Huh Huh Huh Huh
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January 16, 2018, 10:21:00 AM
 #31

Everyday, more and more fud are being spread all throughout the internet because of the recent happenings on bitcoin. Which causes the prices to decrease even more. Even when they do not have enough knowledge about bitcoin peole believe them because they are famous. I think this will be bad for bitcoin. Specially for newbies that only bought bitcoins for greed and don't understand how it works. They will surely panic sell and also spread fud about bitcoin because they lost capital because of their stupidity. This really is a but scary. But i sure won't be selling my bitcoins no matter what.

There's nothing you can do about others panicking but this uncertainty is just part of bitcoin now and for newbies not used to it a lot of them get worried when they look like they might be losing all their money and cash out when they can but that's just weak hands for you. If you're in it for the long-term then you shouldn't have anything to worry about and once the dust has settled the value will likely climb back up as it usually does, but nothing is ever guaranteed. You said you won't be selling your coins no matter what and mentioned other's greed, but I'm guessing you do have some sort of value in mind that you would sell at because what else are you going to do with them? Hold til you die? I think you seem to be worrying about the value of bitcoin just as much as the others who panic and sell are but remember greed works both ways especially if you're overly concerned merely about the fiat value of bitcoin short term.

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Luckylegs
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January 16, 2018, 10:23:53 AM
 #32

I too have had episodes of worry recently...I totally believe in the future of Bitcoin in particular, but had to rationalize how selling a small amount could make a difference to my life at the moment. The media hype and relish when the prices start falling has to be seen for what it is, like when they cover anything else! Hold tight if you can afford to do that and you still trust in Bitcoin's potential. As said on here time and again; if you read the philosophy behind the technology then your outlook will be different to those recent folk jumping on board for a quick profit. If you are really worried then maybe it is better to settle and get out rather than being unable to cope with any losses. Crypto is not worth giving yourself a hear attack over, after all Wink
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January 16, 2018, 10:28:30 AM
 #33

You can look at it two ways really, one is that the FUD is never ending and you can't HODL long enough for you to reach your goals. Second would be it's the ripe time to strengthen your position and take advantage of really cheap Bitcoin and cryptocurrency. But hey, it's really up to you and this is not financial advise, you really should do your own research and come to your own conclusions here and also don't get too emotional with it - that's how you lose your pants.

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January 16, 2018, 10:30:16 AM
 #34

I am currently wondering what FUD is going around that has driven the value so low at the moment because am not seeing any at all as of this moment. Could the abnormal transactions fees also be a factor as well.

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January 16, 2018, 10:34:07 AM
 #35

Everyone is worried. Especially after December when everything grew crazy, and now it's going down and because of the panic, everything rolls faster. Everyone believes in a bright future for cryptocurrency, and how it will be - we will see.

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January 16, 2018, 10:38:38 AM
 #36

FUD news make people fear and sell all in loss. They accept loss and prefer investing in safety.
It's depend on your choice. Risky investors take huger profit.
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January 16, 2018, 10:40:13 AM
 #37

HODL - Hold on for dear life. Investing in bitcoin is risky if you want to earn long term then you have to HODL!

Well not always but yeah this chinese situation is worrying and not good for bitcoin although it is not good for any crypto.

If you bought it at a much lower price then you can sell and still make a profit but many people have regretted panic selling bitcoin before.

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January 16, 2018, 10:43:18 AM
 #38

Everyday, more and more fud are being spread all throughout the internet because of the recent happenings on bitcoin. Which causes the prices to decrease even more. Even when they do not have enough knowledge about bitcoin peole believe them because they are famous. I think this will be bad for bitcoin. Specially for newbies that only bought bitcoins for greed and don't understand how it works. They will surely panic sell and also spread fud about bitcoin because they lost capital because of their stupidity. This really is a but scary. But i sure won't be selling my bitcoins no matter what.

I think that BTC price depends on behaviour of big criptocurrency players. It is their way to earn more money - make a panic for dump and then pump BTC

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January 16, 2018, 10:45:47 AM
 #39

In the long run, I really believe that Bitcoin's price will be a lot more than this.. I just started out a few months ago but I understood how Bitcoin and crypto in general can make things more convenient, not only because of their price.
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January 16, 2018, 10:48:38 AM
 #40

This really is a but scary. But i sure won't be
(Poor William Bullokar. )
Regarding your post, currently you are the one who is creating useless threads and spreading your own panic.
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