Post
Topic
Board Speculation
Re: Bitcoin have just dropped $20 in less than an hour. What happened ?
by
ged00u
on 22/12/2016, 12:01:04 UTC
I have gone for business in about 45 minutes and  1BTC = $870. When I came back home and check the bitcoin prices, It dropped to $850. What just happened ? Can anyone tell me ? I have checked the cointelegraph and coindesk and still no result.

first of all you should re-think your topic subject because it is wrong. you are looking at it the wrong way. price has gone up nearly $75 in the past 24 hours and now it has come down $17

and if you look at the charts it has always been like this, when price goes up there is a little back-track because people sell and price has to see a correction.

in short nothing out of the ordinary.


I agree, thanks for the information. Well someone may not be patience enough to hold their Bitcoin after its price has gone up nearly $75. I guess we will all have a happy Christmas
maybe its just normal condition in the market and we know this, i hope the price will be back soon and will increase than before. better you don't have to get panic selling too because its not good for you and i think you can wait for a little time to see the price will be back in the right path.
I am not panic so don't worry. I will keep my Bitcoin until it has reached at least $1000. It will be back soon, I can ensure about that, just a little confused about the fluctuation in the price