Bitcoin crashing?
 

Whats going on? I was buying at $4000 but its falling and falling.

No, it's just another GREAT buying opportunity (<rolls eyes>)

wait until it's $5k and then buy :)

What goes up, must come down.

Buy while it's still low

This is why everyone's selling

JPMorgan calls Bitcoin "fraud" only for use by criminals and North Koreans | ZDNet

indications that china is looking to shut down crypto exchanges is a much bigger cause of this. $3k level looking like a very solid buy opportunity.

The Chinese announcement is a very big blow to bitcoin.

Uh no its because China is banned bitcoin exchanges and ico offerings.

95% of all bitcoin trade in the last 2 years went over 3 china exchangers...but gold fever will prevent people from taking this in to account...

No one not like not controlled decentralized financial system for free market.
Yes it kills traditional banks, and they tried to crash it)

I hope it goes up

https://en.wikipedia.org/wiki/Illegal_drug_trade
US $321.6 billion in 2003(i am not had find data for 2017)


https://blockchain.info/charts/market-cap
US $65 billions capitalisation

have a potential to grow)) bitcoin can rise in x4))

actually, it is

Not yet. It's at $3578 as I write this, and the trend in the past hour is up, but pretty bumpy. A few people I know are still unloading now because they are expecting a significant drop.

This is a buying opportunity right now.

Let us know when to buy :)

going by past history from crypto currency, what goes down must come up.

you want to buy low and sell high, not buy high and sell low.

What goes up must come down. Weather, stock market, planes, etc... They all ride the waves.

$3200 and dropping.... Buying opportunity or opportunity to jump ship before drowning?

That's fine, don't buy any then. You'll be safe that way.

My wife told me to sell some on the 6th. I didn't listen. Today I am looking at 50% decrease. This sucks.

wow, that´s seriously crashed a lot, 2500 atm :(

Here's that run on the bank I've been talking about.. Which exchange goes down first? If just one goes under the price will hit -$500 is my bet.

oh noooos

Ouch! Down $17 in the past hour alone... Sell sell sell!

I just watched it drop $70 in a matter of minutes. It was around $3350 now at $3280. Grant it it's going to be a roller coaster dive but it's def a panic mode dive with likely the exchanges and/or some deep pocket investors trying to stabilize the panic but this will cause at least one to go under I bet.

edit.. Now it's back up to $3308.

:thumbsupGood times.

People are foolish not to dump it over 4200

It is dipping because of China and Dimon, but Japan and some other major markets are about to make it legit in their banking systems and that is expected to bump it up again.

50% pullback is a great spot to dip your toes.

Agreed. However even at $1500 it will still be in a bubble. Hard to anticipate value when its a first of its kind. :2 cents:

All of you are going to kick yourself for not buying as much as you could when it hits $20K, $50K, $100K or even higher. :2 cents:

It's a combination of China adjustments + profit taking.

Chinese will figure their path out quickly - because they want and need this - history has shown this.

We're buying - liquidating assets to buy Crypto in very large amounts.

Jamie Dimon is an IDIOT per and simple. Why did he say that? His business is ultimately threatened by Crypto. He doesn't care because he's already made his cash in the past, current and future.. but he knows the writing is on the wall for decentralization.

I'm sure quite a few here will be buying.... I'm waiting for it to bottom out. It's dropped over $1200 in the past week and still plunging. Especially as people wake up to the news and sell in a panic. Patience.... :pimp

$2947.69 (-18.72%)
Better buying opportunity this morning

Anyone here will be in Hong Kong next week? Let's meet up.

2017 SHAPE THE FUTURE Blockchain Global Summit

Email me or give me your Skype / Telegram to add.

Panic best time for buy)

i think you're dreaming thinking one coin is going to be worth that much.

In 2010 when BTC was $0.08 MOST could not even imagine $10, $100, $1000 - just wait. We're early early days still.

https://en.wikipedia.org/wiki/History_of_bitcoin

to all losers out there

http://www.zerohedge.com/sites/defau...0915_BTC_0.jpg

I'm a miner, so my cost to acquire BTC hasn't changed much, but obviously the value I can sell it for (I liquidate every few days) has dropped significantly.

Time to start building up a longer term stash in my wallet. :)

$3233.72 (-8.53%)

awww you missed it LOL

It's 3255.01 as of this writing. I think it's going up slowly again.

It's 3255.18 at the moment. It is slowly rising again. Still a good time to buy.

3249.59, down in just 2 minutes. Crazy...

www.cryptocasino.cash

Make an offer :)

Hi, contact me - we're working with mining operations for investment / expansion / power grid alternatives etc..

a chain is only as strong as the weakest link...the weakest link being exchangers...close exchangers and see what happens...

When volatility is high it's time to buy.
There is no such thing as gravity in the market.
Volatility always reverts to the mean, but prices do not have to.