Quote from: carlisle1 on January 18, 2018, 06:03:01 PM

Quote from: Yuhee on June 16, 2017, 05:59:04 AM

Quote from: bamboylee on June 16, 2017, 05:46:40 AM

I do not see it as panic time rather buy the dip time. It is a combination of whales profit taking, newbie shakedown and FUD. If you are not buying bitcoin during this time, it is better just to hodl on your bitcoin. The price will go back up as it always does.

Agreed and why the panic?. This was not the first time in just 2 months that this happened. A month ago also it reached to 2.8k then dropped until 2.1k. this are just the dumps so that they could recover the sold coins then go increase again. Probably to maintain the stability of btc around the web. And to give more investors to buy more btc at a low price. So i guess this is just a normal routine for the btc, so there is no need for panic.

just like 3 days ago when the issue about china and korea comes out.the whole market or should i say the whole community panicked that effect the Red banner of all the coins in the circulation specially the price of bitcoin .but now its time to recover so i can say the market back to business again

No it is not.Since bitcoin is volatile,its price increases or decreases day to day.The main reason behind the volatility is the forces of demand and supply.More the demand higher the prices and lesser the demand less will be the price.Investors of bitcoin are also increasing in number day by day because every user has faith in bitcoin that it will recover and will give them profits.From the last year it has grown a lot and stills continues to grow.