Quote from: foxbat on October 29, 2017, 10:46:57 PM

Quote from: elizabethfund on October 28, 2017, 05:48:12 PM

Bitcoin will go down and up (many times!). Its not the only time that there is some correction of price. I think that we should just wait and maybe buy more BTC at the lower prices. Ive already done so.

That's exactly what we should do. buy more bitcoins instead of selling the bitcoin we own. Until now, the value of bitcoin has been rising steadily, and anyone selling bitcoin in the past must feel remorse.

   Bitcoin is still in the beginning that is why we can not expect from bitcoin to be stable. There are many
things about bitcoin that are not clear. Why did we have hard forks, and what happened exactly there?
There are some questions without answers, bitcoin is still in developing stage and that have reflections on
stability.
   After some bad news bitcoin price went down a lot, first I could not believe that something stupid like
director of financial institution can drop the price so much. Bitcoin is not strong, one more reason why
we can not expect bitcoin to be stable.
   There are more problems about bitcoin scaling, transaction fees, regulations, until bitcoin solve all this
problems I mentioned and many more we can not expect stable price.