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I missed at $ 5800 12 November ago. I think right now bitcoin prices are stable just like before the fork, urghh 
. My question is, it is possible to drop again? And when? I feel so disappointed to not buy at $5800 rate.
. My question is, it is possible to drop again? And when? I feel so disappointed to not buy at $5800 rate.Well, Bitcoin dived and touched the 5500 USD value, so I think that would make you even disappointed
It is very possible that the price will fall again but saying when exactly is very impossible. We cannot even know what will happen on the next day so how come we can say when will BTC drop? The best thing to do is to monitor the market more closely, that way you won't be left out when another similar drop happens.
Re: What is responsable for the decline in Bitcoin and increase in Altcoins
Please can anyone explain to me the reason behind recent decline in bitcoin value and a sudden increase in altcoins to the turn that ethereum in particular move to the height of $325.16 of which it has never reach such a height in the last three weeks.
Your ideas are all welcome
Your ideas are all welcome
The recent drop in Bitcoin's price was due to the cancellation of the Segwit2x hardfork. People are looting Bitcoin then because they are getting ready to receive free B2X but since the HF was cancelled, they sold their Bitcoins, thus making the price to drop. And when Bitcoin drops, Alts increases. This is because BTC hoders buys alts to conserve their BTC's value.
Given the fall in bitcoin in the past 24-32hrs, is it a good time to buy bitcoin?
The fall was the best time to buy Bitcoin, that is the logic there. Buy in the dips. If you were afraid of what would happen, then you do not know Bitcoin well yet. Bitcoin will always prevail. The recent correction was the best timing to buy some Bitcoin. That was a fact because now the price is over 7000 again. Those who said to shift to Bitcoin Cash are just fooling you.
So bitcoin price now crash and if you have 1000$ bitcoin it may be back to 900$ tomorrow so what will do ??
for me will exchange bitcoin to ETH and when price back to this point will made other exchange from ETH to bitcoin and get free ETH
Shear us your strategy to deal with this crash ??
for me will exchange bitcoin to ETH and when price back to this point will made other exchange from ETH to bitcoin and get free ETH
Shear us your strategy to deal with this crash ??
Jumping to an alt when Bitcoin is going down is the best thing to do. And Ether is a good option since it's value is stabilizing in the 300 USD value. Though going to BCH then was the best choice, ETH is good.
I am not a good trader so when Bitcoin goes down, I just hold them and wait for it to increase again. I do not loss any value unless I sell right.
Yes, we are back in the game. The recent drop was just a good opportunity for Bitcoin to surge up again. Even though there was an attack on Bitcoin's blockchain, we cannot neglect the fact that Bitcoin will always prevail. With this, we can be sure that Bitcoin will surely reach another all time high soon enough.
One dollar invested in Bitcoin in 2010 is now worth $58,000. One thousand dollars would be worth $58 million. Despite more Bitcoins being mined, demand still by far outstrips supply.
Read More: https://cryptodaily.co.uk/2017/11/where-is-there-such-demand-for-bitcoin/#login
Read More: https://cryptodaily.co.uk/2017/11/where-is-there-such-demand-for-bitcoin/#login
The continuous growth of demand for Bitcoin is not very surprising at all. During the early years of Bitcoin, only a very small number of people know what Bitcoin is and still the price is increasing. Now that the awareness about Bitcoin is rapidly spreading, it is inevitable to monitor the overflowing demand for Bitcoin. Those who invested early were so lucky indeed. And now that the price is high, still many people are trying their best to gather more Bitcoins. The demand for Bitcoin is cannot be suppressed now.
Re: (┌・。・)┌ 👌 Do you think you lost your oportunity to invest in Bitcoin? 👌
When I began engaging in Bitcoin, I said that I lost so much opportunity in investing to Bitcoin and the price back then was at around 1000 USD per Bitcoin. Considering the price today, I should be so lucky at that time since I witnessed that very ow price compared today. That should be applied now as well, the price today is 7000+ USD, you might think that you were too late, but think about what will be the price in the future. The only thing that is disappointing is that I have no money to spare and invest in back then.
Hi,
this morning i was surprised to see that to transfer 1.4btc from my ledger nano to kraken the cost of the transaction fees was 17$??
Anyones have some reasons why it costs do expensive?
Thanks
this morning i was surprised to see that to transfer 1.4btc from my ledger nano to kraken the cost of the transaction fees was 17$??
Anyones have some reasons why it costs do expensive?
Thanks
The costly transaction fee today and these past few days is because of the bottleneck in the blockchain. There are many transactions that were made in order to slow down Bitcoin's transaction processes. So in order to cope with the said attack, higher transaction fee is required in order to make your transaction pass through the network. This is inevitable unless you want to wait for hours up to days just to make your transaction be confirmed and finished.
If any technical traders out there are looking at BTC, what do you see? I am not a technical trader, though I do know some of the patterns and retracement levels.
To me it looks like it tested 5500 two times but got rejected. Furthermore, it now looks like a W, so that we can (technically) expect BTC to go up again, unless we have to test level 5500 again.
What do you see?
To me it looks like it tested 5500 two times but got rejected. Furthermore, it now looks like a W, so that we can (technically) expect BTC to go up again, unless we have to test level 5500 again.
What do you see?
I am, as well, not a technical trader and has no concrete foundations about trading. Based from the trend of Bitcoin, it seems the dip is indeed over. Another thing, the current trend is pointed upward with less probability of going down as low as 5500 again. There might have some strong resistance in attaining the recent ATH, but we will see that Bitcoin will stabilize on this current price.
With all the drama around 2x now over and BCC seeming to take away some of the market from BTC, is BTC still king and still set to rise to $7k this year? Thoughts?
Bitcoin could still reach 8000 this year, perhaps even higher than that. This will just happen when the people wake up from this BCH joke, though. The BCH pump caused the dump of Bitcoin so in order to regain what was lost, go back to Bitcoin. Soon enough things will go back to normal when the people harvested their profit from BCH's pump and go back to BTC.
Network getting worst....there still about 90K unconfirmed transaction and transactions cost become so high.
If this keep happening, price will drop into shit soon....it could lead price to below 5K soon
There seem no way to solve this network problem, transaction per-second more higher than bitcoin network can handle.
I'm not crazy enough to spent fee 15 - 50 $/transaction. If i only sent 1 transaction per day, maybe just fine.
At moment, transactions very low, only about 6tx/second (average for 24 hours). If there bigger transactions, definitely there will be more unconfirmed transaction, doesn't matter how much fee you willing to pay.
If this keep happening, price will drop into shit soon....it could lead price to below 5K soon
There seem no way to solve this network problem, transaction per-second more higher than bitcoin network can handle.
I'm not crazy enough to spent fee 15 - 50 $/transaction. If i only sent 1 transaction per day, maybe just fine.
At moment, transactions very low, only about 6tx/second (average for 24 hours). If there bigger transactions, definitely there will be more unconfirmed transaction, doesn't matter how much fee you willing to pay.
The network is not getting worst, it is being attacked by some random someone who has a lot of time to be wasted and a lot of funds to be toyed. This is just a scheme played by them in order to pump Bitcoin Cash and compete with Bitcoin. The high number of unconfirmed transaction is not a new thing. I've seen this before and we will see this again at some point.
This will settle down soon enough. But until then, we will experience a huge tx fee.
Re: Bitcoin drops to lowest level this month as price falls below $6,300
The notoriously volatile cryptocurrency bitcoin has fallen to its lowest price this month after rallying in the first week of November and then crashing by more than $1,000 on Thursday and Friday.
The price of a single bitcoin is down 4.53 per cent at $6,272.24, according to Coindesk's aggregate index, a level it hasn't reached since the end of October.
Bitcoin surged to an all-time high of almost $7,900 on Wednesday, before dropping by more than $1,000 in 48 hours.
The surge was prompted by the suspension of a software upgrade that could have split bitcoin into what's called a "fork".
The most recent slump came as some traders dumped it for a clone called bitcoin cash, which has seen its value soar in the last few days: it's price is now up by 54 per cent to $1,247.
The price of a single bitcoin is down 4.53 per cent at $6,272.24, according to Coindesk's aggregate index, a level it hasn't reached since the end of October.
Bitcoin surged to an all-time high of almost $7,900 on Wednesday, before dropping by more than $1,000 in 48 hours.
The surge was prompted by the suspension of a software upgrade that could have split bitcoin into what's called a "fork".
The most recent slump came as some traders dumped it for a clone called bitcoin cash, which has seen its value soar in the last few days: it's price is now up by 54 per cent to $1,247.
This is very alarming! Bitcoin price fall about 8% as of Nov. 10, 2017, fro $7,000 fall down to $6,475.40. If this will continue, it will bring a big effect to the entire business world.
LOL! LMAO! This is a joke that made my day
If you are saying that an 8% price fall is alarming, then you might be a true Newbie or just helping spreading FUDs. 8% fall is not that of a big deal when it comes to Bitcoin. 20% is still considered normal so you should relax now and not be "alarmed" anymore. There is no reason to be alarmed in the first place, this is Bitcoin.
Do you think the bitcoin price will come back?
Of course it will. The recent drop in Bitcoin's price is just a result of the latest correction as well as the recent attack of some people so that Bitcoin users will be diverted on buying BCH instead. Nothing's new in this type of happenings since this has always been a normal thing. Those who want short-term incomes are lured into this trick but this will not last long.
Bitcoin could be replaced any time. Bitcoin is not that perfect to fully replace the monetary system so a much more efficient technology could replace it. Just take a look at the case of the development of the Morse code. Yes it is still in existence however, it is not widely used now. It was replaced by analog and digital form of communication and this could also happen to Bitcoin. This might take a while, though.
Should I buy BTC on 6500, or wait to possibly go even lower?
Bitcoin is at 5500 now and buying now is the best timing to get on board. You could wait a little longer for Bitcoin to go even lower. However, waiting too much might lead to a waste of a wonderful opportunity. Reaching Bitcoin's bottom will not last for long so waiting so much is not an option. You could buy bit by bit in order to be on the safe side, though.
Hi experts
is it good time to buy BTC..?
is there any fork or segwit..after November 15...
is it good time to buy BTC..?
is there any fork or segwit..after November 15...
Segwit2x hardfork was cancelled earlier so there's nothing to be worried about at this point. Buying now, though, might be not that good since Bitcoin is still high. However, if you will hold it for a long time as a long term investment then you can buy at any time. Too much waiting may lead to lose of opportunity so examine the market effectively.
Re: why BTC price could still hold after the Segwit2x cancellation?
Yes, Segwit2x was canceled. Still, the price of BTC holds up and the alts bumped and now down again.
Do you think BTC price will keep going up still?
Do you think BTC price will keep going up still?
I've read an article days ago that some miners are withdrawing their support for the SegWit2x hardfork. This may be the reason for that. SegWit2x hardfork lacks support and consensus. How can it proceed when they lack support, right? So they cancelled it since it will be a chaos if they continue.
The price is exceptionally surprising, though. When Bitcoin declined earlier, around $500, I thought it will continue lower than 7,000 but it held up. It seems people are happy holding at the moment.
3 years is a very short duration to reach 70,000 USD. If the trend is to be the basis, then perhaps. However, let us take this into the reality. Imagine how high that price is. There will be a strong resistance to higher price in the coming years so this is just too much. I am not saying that I am against with that price, I'd personally love that if that will happen that soon. But there is not enough support to go there within that span.
The uncertainty and general possible mayhem of the fork was the only thing standing in the way of $10,000 BTC by end of 2017. Now with the fork removed I think we are guaranteed to hit it in December.
How high do you think it'll go before end of year? If Bitcoin keeps its average pace this year it'll hit $11,000 roughly on the last day of the year.
How high do you think it'll go before end of year? If Bitcoin keeps its average pace this year it'll hit $11,000 roughly on the last day of the year.
I agree that Bitcoin will reach the 10,000 dollar mark before the end of this current year. Without the threat, FUDs, and troll circling the community, we may reach that heights. Even though corrections can happen anytime, this will just make the rally even stronger. I hope we will have a prosperous new year ahead of us.
why bitcoin to the moon Because people will start to sell them bitcoins (most of them need free SegWit2x)
Yes, there will be a correction because of this. But after this, if there is no more useless FUD, we will go for new ATHs
Exactly. The correction is useful in building the momentum for Bitcoin to launch to the moon. Segwit2x being cancelled removed the fear of some weak investors meaning panic selling won't come around any time sooner. A rally might get underway sooner or later. I just hope that there will no news that will intercept with the foreseeable bullish run.