Quote from: xanaxxx on May 11, 2018, 11:57:00 AM

Quote from: Flight-87 on May 11, 2018, 10:53:45 AM

Few days back I was this close to buying BTC when it was around 10k, but halted for some reasons. Now I see the price is around 8.6k and I wonder why the sudden downwards trend! I see no major news out there (or maybe the statements of mr. buffet and gates?). What could be the reason and how dip the price can go?

it's always like that, 10% price fall is just daily routine in crypto world, that is so volatile and therefore vulnerable to fud. I doubt you will find more simple minded unexperienced investors elsewhere than in crypto

First bitcoin never reached $10,000 few days ago and even weeks ago so i dont see what about that buying close.

But about the reason of falling maybe just like last January when MtGox moved huge amount of bitcoins and it happens again,thats why many investors ride with the trend so the outcome is falling prices,its another bloody market today and maybe for couple of weeks again,so get ready for dip and buy ,thats the right time to buy