Quote from: dumiya on June 29, 2018, 06:20:32 PM

Quote from: akirasendo7 on June 29, 2018, 06:12:08 PM

Im a bitcoin believer but its not stopping me from thinking how long btc will be at this rate
is there anyone manipulating this, who are these people, i believe that they are the rich ones
trying to get lots of it, then pump non stop
thats what i guess ,
please share you thoughts on this lets communicate for bitcoin sake

I am not sure whether someone is manipulating the price. However, this is not the first time bitcoin price dropped down drastically. There was huge price drop from November 2013 to January 2015. Price dropped by 80%+. Therefore this price crash is not a new thing. I hope it will get corrected.

Actually the MTGox crash went as low as 85%, and now we are going lower at a faster rate, so we may be bottom way earlier than the post-MTGox disaster bear market. It's been already 7 months, time flies. We may be seeing the bottom soon and these waiting for lower lows may be wrong, unless we spend another bunch of months slowly bleeding towards $3000-ish or even lower which would suck. If I had no coins I wouldn't risk it, buy now, if it goes up you already are in, if it goes lower, buy more. Long term you win as well and with a bigger amount of coins.