Bitcoin goes to $5,900....

[Rosyanroid]

Don't panic. The price will gradually be increased. However, I don't think the price may exceed below $6k.

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[arpon11]

This is the second time Bitcoin will go to $5,900 this year. Now it is $6,140. Dream run over ??

I read, 80% of the coins being dumped now are from long term holders, they want OUT!

This is serious! and if long term holders are dumping now what is the hope of this market to recover? I think many of the people dumping bitcoin now really buy bitcoin around this time last year or around 2015 and 2016. That is why some of us that has interest on this market should buy now as there is a great opportunities for us to make money in future.

[bengsabeng]

now the bitcoin price is approaching $ 5900 but I'm sure the bitcoin price will not drop below $ 6000. how do you know by 80% it? bitcoin does not lose investors but mtgox is selling a lot of bitcoins.

[mktpromp]

I think BTC price will not go less than $6000 USD. I hope the price will start to rise up now and within the end of this year the price will also be stable.

[First77]

This is serious! and if long term holders are dumping now what is the hope of this market to recover? I think many of the people dumping bitcoin now really buy bitcoin around this time last year or around 2015 and 2016. That is why some of us that has interest on this market should buy now as there is a great opportunities for us to make money in future.

Bitcoin $5830 officially now.

[easycoin995]

I think in near future bitcoins price will raise. Because bitcoin is the best crypto currency in the world. They have the potential to removing this problem. So people can invest on this project without any hesitation.

[cryptoroi]

I think that long term traders are dumping out of fear. Sicne a big hacking news published few days ago. and usually they are running over FUD. But I believe they will not move out from the market so early.

[jaythelingly]

Don't spread FUD. The price may fall below 6k but the investors will not dump their coin for that. They have invested accepting this volatility. They will hold their coins for long enough until the market recovers.

[StImelda]

Long term Hodlers are the ones that help keep the market stable.If they are selling now,it spells really bad for prices.I do hope this dip is for a short period,a lot of persons are scared. i am strong believer prices will always recover.

[GoldenLad]

Edited; OP, how on earth did you feel so comfortable spreading FUD. Almost all your recent post here in this forum has been encouraging people to either sell off when this is the perfect time for them to buy more or hold on to their coins for the better days. Most investors brought their coins when the price is as high as $9k-$10k. What then is their gain if they sell low.

[First77]

OP, how on earth did you

Read my other topics/threads here.....   

[EdwardClinton]

Well, I would suggest you to have patience. Hodl the coins for long term investments. Long term investments always prove to be beneficial in the long run.

[f150]

Bitcoin like a bit steady still goes upstairs and under $ 6000 has not gone right to $ 5900, but I'm pretty sure Bitcoin will not go till under $ 5900.

[bitbunnny]

It's now above 6000$ again.
Anyway there is no room for panic and try not to sell unless you realy need to. Now it's the time for buying so use the chance to buy Bitcoin at convenient price.
I don't think that the price will go much lower but O don't see some biger growth too. In the next month or two the price will stay somwhere around 6000$ to 7500$.

[timerland]

Where'd you get the data which shows that 80% of coins dumped at the moment are from long term holders?

I think that it's likely we'll go down further from this point, but it's nothing out of the ordinary. This is how a bear market usually runs, the prices drop by around 80-85% from the peak, stabilises and consolidates, before making a recovery.

So although I do think that we're in a huge bear market atm and it's not going to subside until next year at least, there is no reason to be concerned. Bitcoin's long term adoption and development shouldn't be affected by this.

[boranes]

This is the second time Bitcoin will go to $5,900 this year. Now it is $6,140. Dream run over ??

I read, 80% of the coins being dumped now are from long term holders, they want OUT!

I don't see 80% coins being dumped, I see is fud.
Best time to buy bitcoins is when fud is around. I see fud is around so I will buy more coins.
Someone told me go short on bitcoin it was best advice I ever got here.

[ladydark]

Every thing is fair in love and war and now just another word Bitcoin.I don't know how OP came to the conclusion that long term holders are selling their bitcoins.Already bitcoin has faced crisis many times before but still long term holders managed to hold their bitcoins.Very soon,bitcoin would bounce back.

[monster2]

Just a few days ago you posted this post and the bitcoin price increased but I think I still need to check that bitcoin price will fall again.
, it's okay because I still can not say what day the bitcoin price increase AGAIN.

[farwellbit]

We can stop the dumping price , if you buy and I buy and if all of us buy more bitcoin again as soon as possible the price will recover and you will get more profit. Maybe not time for the bitcoin to pump again the price but for sure in the next coming weeks it will slowly increasing.

Make me laugh. How many bitcoins can you buy? This is a drop in the ocean. The majority of users have on their wallets amounts much less than 1 bitcoin. It won't change the situation. Look at the stakes whales make. On my exchange, a few dozen bets on 30-50 bitcoins. It's only on one exchange. How do you want to compete with whales?

There is not so much difference between 6.1k dollar and 5.9k dollar and it can drop more as the price today is 6.1k dollar so it can drop at 5.9k dollar. We were expecting a good increase when the value was around 7.8k dollar but we saw several drops. Now as we are in a low market so it may go high in the upcoming days because people will never miss this opportunity to invest in this favorable situation.

[leoliln45]

This news is really nightmare for btc users or investors because of price but we should not change this coin now because patience is the key to success based on this price will increase very soon also many predictors telling this price may double but few days ago some incident make their price low.