Whats Happening??

[mr.bitcoin2k17]

It is all because Indian gorvernment wanna ban bitcoin and Facebook's prohibition of ICO's ads

[Sky5678]

Bitcoin is dead but not dead yet even stronger than before Grin

Bitcoin is king and will always be king, no denying about that. Any shitcoin will replace bitcoin? In your dream! If bitcoin dies, crypto will do as well

[buinchain]

I think now is a good time to buy, as long as you recognize the potential of bitcoin. Bitcoin experienced absolutely more than it is now, we can go to see its history, we will find it still survived, we have any reason to give up yet.

[SCAR_8]

I'm almost ready to buy, may wait another day and see if the downtrend continues but I think around 7500-8500 will be about as low as it goes.There should be quite a bit of support there.

[crzy]

It is all because Indian gorvernment wanna ban bitcoin and Facebook's prohibition of ICO's ads

This might give some effects on the price right now but its still a FUD and whales trying to manipulate the market. Well I see this as a big corrections and also a great opportunity to buy more coins. Don't panic, cryptocurrency will exist in the future no matter what, just enjoy on buying now and greendays will come.

[JoseJoseJose]

All we can do is to wait and to hope that bitcoin will grow again and will have a higher value. However, we should accept the fact bitcoin was basically not stable today. And can we please just wait and dont panic.

[audaciousbeing]

I am little curious now how that bitcoin is falled this much?
it rides massively and didn't looked that it will fall like that, its making me think that will it be able to cross 20,000$ again?
Is it a good time to buy or should just leave it?

The adjective we use to describe words sometimes are way too extreme just because price is falling then means bitcoin has failed? Most times we just think the very existence of bitcoin is tied to its price and nothing else. When price is increasing without basis, we are quick to rejoice not bothering about what is going to happen next. When the price was increasing sporadically towards the end of last year even though I wanted the price to increase, such margin was too high within a short period.

Now I don't expect anything less than what we are seeing and even with series of events, if price is rising, I would be worried Facebook just banned news relating to crypto currency, South Korea is yet to give a definite position on what they want to do, clamp down on crypto currency from governments couple with the trust that is falling evidenced by series of threads coming up to address the same issue. What else do you expect?

[Getmon]

I am little curious now how that bitcoin is falled this much?
it rides massively and didn't looked that it will fall like that, its making me think that will it be able to cross 20,000$ again?
Is it a good time to buy or should just leave it?

I totally understand how you react to the current price drop. The drop is indeed massive that even those people who are more or less strong believers of Bitcoin have gone selling their shares. But the stronger ones have stayed and will definitely be reaping much more than those who gave up. Remember that the lesson, as parted by history, is that the hodlers will gain a hundred or even a thousand fold than those who are doubting and selling.

[Mystogan915]

It is normal, every year bitcoin price gets a dip, no other reason it happens every year. So wait until it price gets pump and rise! I hope that it will be back, bitcoin will be back!

[Dapper]

Remember that btc at $1 is still successfull.  The fact that a currency that governments cannot directly control is still the invention of the century.   

[AlphaWolf]

News of India banning bitcoin could also have created this crash

[jenny399]

I think all you have to do is wait.
Because the panic in the entire cryptocurrency market is still spreading, I think the price of bitcoin will still fall further, and more and more bad news is beginning to emerge.

dont say that, if tha price wil not rise again it will be a huge loss to everyone

[jenny399]

News of India banning bitcoin could also have created this crash

a single country ban could cause this big crash??
as far i know indian always have other way to easywork on ban tings, they will still use btc after banning

[btcprospecter]

Panic is a main reason we are seeing prices drop. We are seeing this affect altcoins too. If anything it is showing people only wanting to profit from crypto currencies and not just to see them as functional currencies.

[usekevin]

Now many are selling their holding bitcoin with low price, it's not good.First get clear bitcoin is not banned in India, they had a idea of regular of bitcoin in India.I suggest the people of India, to just hold the bitcoin. This is the best time to inverse in bitcoin and not to sell.Don't do panic selling of bitcoin at low price.

[batang_bitcoin]

I am little curious now how that bitcoin is falled this much?

More bad news pushes bitcoin’s value below $9,000

it rides massively and didn't looked that it will fall like that, its making me think that will it be able to cross 20,000$ again?

I'm not expecting that it will be at this point but it happened already and we just need to embrace it. If you believe bitcoin and the tech, yes it will cross back at $20,000 soon.

Is it a good time to buy or should just leave it?

Buy and hold.

[keykey1]

I am little curious now how that bitcoin is falled this much?
it rides massively and didn't looked that it will fall like that, its making me think that will it be able to cross 20,000$ again?
Is it a good time to buy or should just leave it?

If you take into account the news that came from India (about BTC ban there), you will answer this question yourself. Asian countries restriction let the coin falling down, but this crash will not last for long I think.

[kpcian]

I am little curious now how that bitcoin is falled this much?
it rides massively and didn't looked that it will fall like that, its making me think that will it be able to cross 20,000$ again?
Is it a good time to buy or should just leave it?

It's really a panic moment for this platform, also for me as a small investor. I didn't expect such type of situation and this type of price fall. we had expected that Bitcoin and other cryptocurrency prices will rise but the scenario has gone totally opposite. So like me, Many people have been worried about this situation and people are becoming panicked for this moment.

But I have a belief that This crisis will not last for a long time and it will recover very soon. so that don't be panicked and don't take any panicked selling action. keep calm and store your stock for the future purpose.

[Ranly123]

I am little curious now how that bitcoin is falled this much?
it rides massively and didn't looked that it will fall like that, its making me think that will it be able to cross 20,000$ again?
Is it a good time to buy or should just leave it?

You ride the massive rise of bitcoin in the past year but you doubt now that it fall like this?
Maybe the best thing to do right now is to hold on and stop panic selling. It will be the best time to invest in bitcoin since the price is low and the probability that it would rise back to $20k is high.

[JustusJones86]

Still worrisome, I expect that a lot of people that see Bitcoin as an investment will get out quickly...