Whats Happening??

[Kidsgarter]

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 think the price of Bitcoin has risen too much in the last 12 months. So there is some need for consolidation. After more usage of the bitcoin, the price will catch up again.

[EtherATM]

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.

The price of bitcoin falls immediately normal .Well ,we all know that bitcoin or cryptocurrencies is notoriously volatile, nobody can predict and know when its price goes up or down. Thus , I feel this news really normal and I am not scared any more. Yep, with some people who don’t have much more experiences, they may easily sell bitcoin in suddenly, in fact they feel afraid of not earning benefits, and I’ve seen some like this are the one who got failed in this cryptocurrrencies market. All you need to do now is keep your head, don’t worry too much and especially is not selling bitcoin. I believe that its price will recover again.

[Pasnik]

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 think the price of Bitcoin has risen too much in the last 12 months. So there is some need for consolidation. After more usage of the bitcoin, the price will catch up again.

I am also asking why what's happening in the market now. Price has drops so much and I expected also to reach high, maybe the reason's why because a lot of fuds these days. Yes thats what I think also for the past months price has reach ath and this is the big correction though.

[Zuilhsa]

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?

Crypto is a volatile market so you have to be ready for all possible movements. BTC decreased much but my personal opinion it will not stop in a short term, probably will continue to decrease. This is not an investment decision. Buying decision is important I prefer to buy at different levels step by step.

Yes this continous decrease in price makes us to feel that the price will even drop further. The negative news played a big role in price drop making much fear and uncertainty in the minds of people tending them to sell all their coins. This makes the market to go down, within short the market will catch up so I think it is time to buy and if not buy just hold and not to sell.

[alyssa85]

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 think the price of Bitcoin has risen too much in the last 12 months. So there is some need for consolidation. After more usage of the bitcoin, the price will catch up again.

I am also asking why what's happening in the market now. Price has drops so much and I expected also to reach high, maybe the reason's why because a lot of fuds these days. Yes thats what I think also for the past months price has reach ath and this is the big correction though.

The stock market is falling as well. People believe the Federal Reserve is going to raise interest rates again, and that means money will switch out of risky assets into safe ones (like bonds).

[vhiancs]

nobody knows why btc rised and why it is falling now
something is so mysterious controlling it

The price of the bitcoin currency rised if the demand of supply to the market are much higher. But for now as you can see the bitcoin price will close to $7,900 many crypto users are panic because of that price and I think, the main reason is the number of critics against crypto currency like bitcoin spreading of fake news all over the world. And somebody said it's because of the big holders, they make the fake news to panic the crypto users and for the bitcoin price drops so they can buy more bitcoin at a cheap price and if they done filling their wallet they will remove the fake news. maybe that is the one reason that's not imposible right.?

[jenny399]

This happening!

https://techcrunch.com/2018/02/01/why-is-bitcoins-price-down/

this is so irritating...
Bitcoin should not go this low

[Gabb]

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 is true that it is painful to see the bitcoin fall so abruptly, especially when an environment of overflowing optimism prevailed and everyone made big plans for 2018 with a bitcoin at $100k. But I think that seeing the trend of bitcoin during 2015 and 2016, its real price these days should not be more than $3,000. Everything reached above that price, was pure speculation.

[malikusama]

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

It's quite funny that even today people are unable to find the reason of this rapid drop.
The major reasons are alts present in the market and the whales who are manipulating the price.
Bitcoin has loss dominance in the market, according to the current figures only 36.1 percent of total cryptos market cap consist of bitcoins, which is lowest in the history.

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?

Bitcoin is capable to cross even $50K this year if the users shift back towards the pioneer.
This price decline will not going to stay forever or for long time, soon it will pump again and indeed it will be good to buy in this huge price dip.

[Betwrong]

Panic sell man, f*cking india govt banned cryptos. F*ck them.

No, they did not. The words of India's finance minister do not become laws immediately. He said that the government does not view cryptocurrencies as a form of legal tender. Big deal! Haven't we heard something similar from the government officials of various countries many times before? Mark my words, Bitcoin will never be banned neither in India nor in any other country that big. Why? Because there's too much money invested in it by the same people who can make the ban legitimate. I'm not saying they caring about their people, but they do care about themselves. I bet this minister, Arun Jaitley, is buying at the low right now, just like JPMorgan did in the past.

Ministers are never responsible for their words. Sometimes it seems to me that each oligarch can buy any Minister. It seems to me that we are now under attack by the millionaires of wall street. They drew attention to bitcoin and want to buy the maximum number of coins. Statements by Ministers of the different countries is only a well-paid provocation.

Paid by whom? They are government officials and they have a lot of money themselves. I think no one pays them for what they say regarding Bitcoin regulations, they do it either out of their own stupidity or deliberately in order to make the price fall so they can buy more BTC with the same amount of fiat.

[boyptc]

this is so irritating...
Bitcoin should not go this low

Thanks to those people who are believing those fuds out there. Bitcoin shouldn't go this low? Come on mate, bitcoin moved forward quickly so this is still a normal basis of its pull back. Relax all of you, were all doing fine. Wait for bitcoins recovery very soon as long as it is stabilized again at $9,000 that will be pushed upwards.

[villain24]

Actually it is pretty normal for any type of currency. This is your opportunity to buy bitcoin and wait for it to go up. It is possible to cross large margin at the end of the year. Just be patient.

[Rrtt]

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 is the correction or we can manipulation of the big whales that has cause this dip. Negatives news about cryptocurrency has created fears among holders causing them to panic sell. Maybe it is a good time to buy because everything is at low but you should have the nerve to deal with the anxiety.

[Best Dreams]

First of all it's seasonal correction. Secondly it's Chinese and Korean holidays. Thirdly it's too huge capitalization and market just don't see yet how to keep increasing it even more.

It is true that we will have to be careful about price and demand for selling and buying. At time of low price it is good to hold and wait. Chinese are not in favor of bitcoin but now some of Koreans are also saying that bitcoin is ban for them in their country, it is not bad but to some extent it is because if all countries will love bitcoin and will support it will increase the bitcoin price and will make it world currency in very short time.

[Winchester07]

Well , thats a good question but without an answer, we cannot know what's gonna happen next , Bitcoin cand rice up again to $ $20k or maybe its gonna fall down to $5k or maybe lower, we just can't predict the future . I think its not clever to buy know, i know that a lot of people say we should buy when Bitcoin is falling down  becouse it's gonna rice up again with a higher price , but they cannot know if that's corect.  So I think it's more clever to wait until Bitcoin starts ricing up at least with $ 2k  and then to buy .

[btc2mars]

Just normal bitcoin movements. what goes up can always go down! remember this when you buy bitcoins

[trickyriky]

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 think the price of Bitcoin has risen too much in the last 12 months. So there is some need for consolidation. After more usage of the bitcoin, the price will catch up again.

However its price is crawling up again. It seems that Bitcoin wants to prove everybody that he is the real King.

[trickyriky]

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 think the price of Bitcoin has risen too much in the last 12 months. So there is some need for consolidation. After more usage of the bitcoin, the price will catch up again.

All the situation reminds be a Big Game, where small and great players are involved. Great ones could sell theit BTC for its high price and just need to make it go down to buy it again. IMHO.