Is this new crash very bad

[charlotte04]

I notice quite a big drop in the last few hours.  Is this just a short term thing for a few hours and it will pick up again back to normal.  Or will it go much further down into a big crash.   

Well, it always depends on the people if they are going to panic sell and adapt all those FUDs. Certain things are coming out right now, like Facebook is banning Bitcoin ads. Sometimes they just want to buy at a low price so they are going to make some FUDs.

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[Cryptohad]

for beginners, they assume that this unstable condition will happen short-term, but actually this instability will happen in a long time, I predict until the end of May 2018 this condition will return to normal. best if you accumulate capital to buy bitcoin, because peak decline will occur in May.

[Nfp]

I notice quite a big drop in the last few hours.  Is this just a short term thing for a few hours and it will pick up again back to normal.  Or will it go much further down into a big crash.    

No one knows what will happen now to bitcoin price, if it's just a short term drop or it will continuously dropping. But one thing that i'm sure is, it's a good opportunity for us to have more of it while its price is so cheap, to gain more profit in the future.

[7Pro]

I notice quite a big drop in the last few hours.  Is this just a short term thing for a few hours and it will pick up again back to normal.  Or will it go much further down into a big crash.   

I have no big good source but as the experience in last year and also before, bitcoin and other cryptocurrency always recover their price back into normal and stable then after that continue to positive movement. So i think this is temporary.

[SonOfNorth]

These dips and crashes happen constantly, and there is no use in looking at 1min graphs if you're in for the long haul. Just keep buying and look back quarterly the earliest, maybe even 2-3 times a year only. That's when you see any reliable movement indicators, not before. Exactly the same deal as with stocks, just way more volatile in short-term - which is exactly the reason you shouldn't look at them daily.

[xiaowu55]

I think it's a good buying opportunity.
The new collapse is a normal adjustment.
I bought a bitcoin.
I think I'll get a good return soon.

[letecia012]

It could be a big correction again before it go up.

I notice quite a big drop in the last few hours.  Is this just a short term thing for a few hours and it will pick up again back to normal.  Or will it go much further down into a big crash.   

No one know what will be the next price movement not only for Bitcoin but for entire Crypto currency market as well. 2017 is a great year for Bitcoin from 1k+$ it surge to almost closed to 20k$ and now it is currently consolidating at 10-11k$ but since Bearish market hit Crypto world this consolidation may take longer or it will recover soon. Just keep up to date so we will not get behind on whats happening in bitcoin if it still goes down there is no problem for me it is a good opportunity to add more I know anytime soon price may break out. No panic just relax.

[v0rtecxz]

the fall in bitcoin prices this month is bad enough, I personally can not predict How long this will continue, but for that I remain calm so that no panic happens that makes the market price worse, and take advantage of this moment to buy and hold because I think bitcoin will recover soon and again increase, and maybe it will happen in early February, maybe it's just a guess

[sgenuine]

I notice quite a big drop in the last few hours.  Is this just a short term thing for a few hours and it will pick up again back to normal.  Or will it go much further down into a big crash.   

Use this crash as you call it for buying Bitcoins. I am almost sure that those financial whales that are talking about 25 thousand BTC price by the end of 2018 are right. I am not panic stricken. We will wait for the better times.

[fabiorem]

Its a crash, OP. It can go anywhere. TA dont work with bitcoin.

I hope you didnt go all-in, because its risky. 10% of users control 90% of supply, and they are doing a bloodbath right now.

Just lock your bitcoins safely and hold the line.

[SixOfFive]

Today's crash is too bad. It was expected to have a greens in the market today, but FUD created in INDIA that BTC is banned has again pulled the whole market down to $9K. Lets hope this confusion in INDIA got clear soon and we can see a remarkable recovery soon.

[bncbnc]

Today's crash is too bad. It was expected to have a greens in the market today, but FUD created in INDIA that BTC is banned has again pulled the whole market down to $9K. Lets hope this confusion in INDIA got clear soon and we can see a remarkable recovery soon.

Yes it is always not feeling good when the price is falling, but i think that this downfall will not let our confidence down, In fact it is the nature of bitcoin and we are hoping that very soon bitcoin will recover its position very soon, therefore we need to hold bitcoin and remain calm and patient.

[Mankov]

I see a dinosaur:

[paul00]

Today's crash is too bad. It was expected to have a greens in the market today, but FUD created in INDIA that BTC is banned has again pulled the whole market down to $9K. Lets hope this confusion in INDIA got clear soon and we can see a remarkable recovery soon.

Yes it is always not feeling good when the price is falling, but i think that this downfall will not let our confidence down, In fact it is the nature of bitcoin and we are hoping that very soon bitcoin will recover its position very soon, therefore we need to hold bitcoin and remain calm and patient.

If the price is falling then its time for us to invest. We encounter it every year so whats new? youre right we need to hold our bitcoin in this situation because if we cash out at a lower price we cannot comeback our losses because of that so there are still a chances you can gain youre losses just wait for a week of worst is a month.

[Izarok]

I notice quite a big drop in the last few hours.  Is this just a short term thing for a few hours and it will pick up again back to normal.  Or will it go much further down into a big crash.   

Think of it as an opportunity to buy more rather than just a "crash". The price will pickup soon. Crypto has always been on dips and reds when the month of February comes.

[disclaimer201]

Ignore the scale and the low prices. But this is how it might play out. Perhaps, history repeats itself. It took over a year for prices to recover and even longer for them to skyrocket again.

[batang_bitcoin]

No one could tell if this will take a long time or it will only be for short time.

I see a dinosaur:

Thank you for making my morning happy. 

[gabmen]

No one could tell if this will take a long time or it will only be for short time.

I see a dinosaur:

Thank you for making my morning happy. 

Lol. Its always good to add humor to situations like this when people seem to be stressed out from seeing red everywhere. Smile, tone down on the coffee, forget that you have crypto investments and don't check your portfolio from time to time.

[dharnamonitor]

I notice quite a big drop in the last few hours.  Is this just a short term thing for a few hours and it will pick up again back to normal.  Or will it go much further down into a big crash.   

Don't worry mate. It is very usual volatility of bitcoin. According to the fibonacci retracement it can come down till 8000usd. In case it doesn't break that level downward I don't see any problem.

But the thing is it did broke on that level lol haha. So, is there a problem now? For me, I still think that it was a great time to buy a bulk of coins.

Ignore the scale and the low prices. But this is how it might play out. Perhaps, history repeats itself. It took over a year for prices to recover and even longer for them to skyrocket again.

Maybe it is but we can be sure that if the price will skyrocket again the price should be more higher than the previous ath. And it is the good thing, there might be another people who will become a millionaire just because they used this opportunity to buy and hold.

[trickyriky]

I notice quite a big drop in the last few hours.  Is this just a short term thing for a few hours and it will pick up again back to normal.  Or will it go much further down into a big crash.    

No one knows what will happen now to bitcoin price, if it's just a short term drop or it will continuously dropping. But one thing that i'm sure is, it's a good opportunity for us to have more of it while its price is so cheap, to gain more profit in the future.

True. Those guys, who will remain optimistic and get more coins, will soon compare whose profit turned to be bigger.