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Quote from: richardsNY on December 26, 2015, 07:02:14 PM

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Quote from: richardsNY on December 26, 2015, 06:57:01 PM

It's already too late to sell. You should have sold at +$450. Currently you're better off holding your coins firmly. The price will go up again. There is no reason for the price to go down.

Why no reason for price to go down? it's already went down 50 usd..

I meant with there is no reason why the price is going down, that there is no bad news. The sentiment was great. The price is dumped down by large traders that want to manipulate the market and to shake off weak hands.

i think there is just a panic selling and nothing else. i think the people just worried about the fall down and just to avoid a great lost they start selling bitcoin, but i think that is not just p permanent fall down and the price will very soon recover its position, there i think if some is interested to invest in bitcoin i think that is the ideal position to buy bitcoin in such a low price because the price is going to raise again very soon.

people are indeed worried, but they only see the current price drop as something bad. instead of always looking at things from a negative point, you can also see these lower prices as a great opportunity to start buying some coins.

I think bitcoin has already in good value, Price is stuck at a moment but its good to see that it is stable at a moment, and it will continue to rise slowly in next couple of months or end of this year. Because last year also when it was nearing november, price was high this might happen again. Lets hope for the best.

the price increase in november last year was either the result of a chinese ponzi, or the coin auction of the fbi. i personally think the chinese ponzi was the result of the quick increase in that time. after that the price got dumped down again. it didn't last long.