Quote from: p0peji on September 07, 2017, 08:11:20 PM

Quote from: Baofeng on September 07, 2017, 07:22:04 PM

Quote from: mast3rm1nd on September 06, 2017, 07:00:09 PM

so are we?? I feel uneasy making any trades atm... what you guys think?

If you mean that we are out of the price correction after the Chinese declaring banning bitcoin, then I would say Yes, because the price has already recovered and trading in a average of $4600-$4700 already. However, if you are not comfortable in this times then do trading but just hodl on your coins. If you are new in trading, then you have a lot of lessons to learned in my opinion. Actually the price volatility what makes bitcoin attracting to most of the traders. So I advise if you are not comfortable because of the current price, then take a step back and just observe the price movement.

The correction has only just begun, the initial indicator that we are bound for a correction was the drop from 5000$. We had our little bounce back up, but this is the best time to go short on btc as I see no reason why anyone would be inclined to take a long position.

I just notice that more people right now are slowly buying bitcoins and there are still other people are confused to buy bitcoin we are not in bear market when people are encouraging to sell their bitcoin it is just afraid when the price was decrease from the news we heard about ICOs..
So its a normal that we can see large price dump happen with bitcoin but we can not change the future of bitcoin and i think bitcoin can be more valuable more than gold in the future..