Please wait...
HomeForumMembers LoungeGeneral TalkHuge panic Bitcoin price dropping like a rock
Topic Rating:

Jump to
Members LoungeYour StatsSuccess StoriesPayment ProofsMember IntroductionGeneral TalkForo en EspañolCharla GeneralSoporte General y PagosInternationalPortugueseItalianFrenchGermanHindiUrduFilipinoIndonesianArabicRomanianTurkishRussianBulgarianHungarianPolishEx-Yugoslavia
Huge panic Bitcoin price dropping like a rock

Locked

#1 by sweetpie3000 » Sun Jul 16, 2017 05:26

Bitcoin price drop 1890 :oops: :oops:

I hope you guys didn't invest your entire savings in Bitcoin
sweetpie3000
Posts1,486
Member Since31 Oct 2007
Last Visit2 Aug 2019
Likes Given3
Likes Received406/278

#2 by get2business » Sun Jul 16, 2017 05:33

this is good news. best to wait till october and then start buying
get2business
Posts27
Member Since8 Feb 2016
Last Visit13 Apr 2019
Likes Given0
Likes Received15/11

#3 by sweetpie3000 » Sun Jul 16, 2017 05:34

Free faucet will increase satoshi award too.
sweetpie3000
Posts1,486
Member Since31 Oct 2007
Last Visit2 Aug 2019
Likes Given3
Likes Received406/278

#4 by hlrive » Sun Jul 16, 2017 11:24

They are saying the exchanges are not accepting people to buy bitcoin or sell it right now. I guess that is why one of the faucets I do even for dogecoin has now changed over to coinpurse for all of our payments
hlrive
Posts418
Member Since4 Feb 2013
Last Visit2 Jan 2018
Likes Given55
Likes Received346/189

#5 by MLivePro » Sun Jul 16, 2017 12:27

BTC is too volatile as a currency... dropped $1k in about 2 weeks... hence the reason is should never be added by ClixSense.
MLivePro
Posts366
Member Since6 Feb 2015
Last Visit20 Sep 2020
Likes Given34
Likes Received301/140

#6 by Charez » Sun Jul 16, 2017 12:41

The volatility doesn't matter for business now. For exemple, accepting bitcoin for incoming payments they get the amount converted automaticaly in any currency. It's how online shops are selling wile accepting Bitcoin.
Charez
Posts3,350
Member Since2 Nov 2010
Last Visit14 Jan 2021
Likes Given877
Likes Received2,277/1,201

#7 by sweetpie3000 » Sun Jul 16, 2017 12:55

Bitcoin dropping 1876 now

The main reason people want invest on bitcoin. So they want to get rich on bitcoin?

They expect bitcoin to reach 1 million dollars per coin?

Some people put their entire saving and sell their house to buy Bitcoin?

Bitcoin price dropping due Aug 1 Fork.

Everyone is panic.

If you sell bitcoin if you bought by 3k dollars per coin? You lost a lot of money.
sweetpie3000
Posts1,486
Member Since31 Oct 2007
Last Visit2 Aug 2019
Likes Given3
Likes Received406/278

#8 by Charez » Sun Jul 16, 2017 13:02

Bitcoin never reached 3000$ :roll:
Charez
Posts3,350
Member Since2 Nov 2010
Last Visit14 Jan 2021
Likes Given877
Likes Received2,277/1,201

#9 by dutch1898 » Sun Jul 16, 2017 13:21

Glad I put my money on SKYWAY Stringline investment
dutch1898
Posts1,372
Member Since2 Nov 2007
Last Visit15 Dec 2020
Likes Given1,024
Likes Received1,816/877

#10 by sweetpie3000 » Sun Jul 16, 2017 13:27

CroqueMitaine wrote: Bitcoin never reached 3000$ :roll:

I heard they reach at least 3000 bucks per coin on bitcoin.


History of bitcoin - Wikipedia
Last edited by sweetpie3000 » Sun Jul 16, 2017 13:35 » edited 1 time in total
sweetpie3000
Posts1,486
Member Since31 Oct 2007
Last Visit2 Aug 2019
Likes Given3
Likes Received406/278

#11 by Charez » Sun Jul 16, 2017 13:41

they...who?
Charez
Posts3,350
Member Since2 Nov 2010
Last Visit14 Jan 2021
Likes Given877
Likes Received2,277/1,201

#12 by sweetpie3000 » Sun Jul 16, 2017 13:51

This guy probably got rich on bitcoin


He trying to sell 10k bitcoin for 50 bucks. But no is buying

This bitcoin worth 20 million dollars today price. If he didn't sell anything.
Last edited by sweetpie3000 » Sun Jul 16, 2017 13:57 » edited 1 time in total
sweetpie3000
Posts1,486
Member Since31 Oct 2007
Last Visit2 Aug 2019
Likes Given3
Likes Received406/278

#13 by nobenjo2 » Sun Jul 16, 2017 14:06

from $800 (was $.03) to $2000. no surprise when a pull back occurs....
nobenjo2
Posts19
Member Since19 Nov 2007
Last Visit13 Jan 2018
Likes Given23
Likes Received5/3

#14 by dsbe » Sun Jul 16, 2017 14:15

CroqueMitaine wrote: Bitcoin never reached 3000$ :roll:

They touched it one day. That was near the high

The reason BTC is dropping is because of Segwit. They are trying to split the coin in two on Aug 1st so there will be uncertainty until then. If Segwit passes then the coin should start climbing again
dsbe
Posts149
Member Since17 Jan 2009
Last Visit24 Mar 2020
Likes Given52
Likes Received114/59

#15 by BouldRake » Sun Jul 16, 2017 14:52

You can't keep your money in an exchange or online wallet right now and have any guarantee of safety. There isn't really going to be a fork, that's just personality politics and dick waving...but it's personality politics and dick waving that might last a few months with a pretend fork living on for a bit, so you really need to keep your money in a wallet you actually own. You control the actual keys.

Two ways you can do that - you withdraw your bitcoin, or you trade your bitcoin for fiat. Everyone is withdrawing one way or another.

Now is a good time to buy bitcoin - but only for a long term investor. A short term investor - a 'trader' - knows it's going to carry on falling in the short term, so sellers are outnumbering buyers.

You've got a reverse bubble caused not by the actual value of bitcoin, but by the ownership of private keys.
BouldRake
Posts2,841
Member Since1 Aug 2010
Last Visit15 Oct 2021
Likes Given10
Likes Received2,968/1,514

#16 by Charez » Sun Jul 16, 2017 15:07

#HODL
I am not going to join the panic group
Charez
Posts3,350
Member Since2 Nov 2010
Last Visit14 Jan 2021
Likes Given877
Likes Received2,277/1,201

#17 by sweetpie3000 » Sun Jul 16, 2017 17:42

CroqueMitaine Are you a group people join chaincoin movement. One YouTubers promoted this coin all over in social media.

These coin was 6 cents now it's worth 4 bucks.

These youtubers try push the price go up 1000 dollars.

So far no pump and dump in the coin.

Bitcoin is holding steady 1900
sweetpie3000
Posts1,486
Member Since31 Oct 2007
Last Visit2 Aug 2019
Likes Given3
Likes Received406/278

#18 by tasman1 » Sun Jul 16, 2017 17:53

Will buy once it come under 50 cent :D
tasman1
Posts16,037
Member Since5 May 2012
Last VisitToday
Likes Given14,507
Likes Received15,870/8,262

#19 by Arvind9 » Sun Jul 16, 2017 17:58

Very good any market falls is a very good opertunity to buy deeper the fall the better
Arvind9
Posts4,726
Member Since16 Jun 2013
Last VisitYesterday
Likes Given3,880
Likes Received2,900/2,114

#20 by sweetpie3000 » Sun Jul 16, 2017 18:04

Arvin the hottest crypto world is chaincoin hype. People keep buying these coins. The other coins are dropping crazy.
sweetpie3000
Posts1,486
Member Since31 Oct 2007
Last Visit2 Aug 2019
Likes Given3
Likes Received406/278
Locked
Return to 'General Talk' Forum     Return to the forums index
All times displayed are PST - Server Time: Dec 1, 2021 04:59:19 PST