Quote from: qwertyup23 on September 14, 2017, 06:30:44 AM

Quote from: MrCrank on September 13, 2017, 11:25:28 AM

OMG, Bitcoin falling again, current price = 3866USD.
What happen? we losing money every hours. Need exchange BTC to fiat?
Who can explain this situation?

If you would observe, there has been a pattern regarding the fall of the price of bitcoin. We all know that due to its volatility, its price may increase or decrease at any time but the situation is different from what is happening right now. Due to China's banning of some transactions involving cryptocurrency, it has affected bitcoin dramatically and people are converting their coins to fiat, which results to an increase on the supply. By basing it on the law of demand and supply, it is obvious that the price will decrease. Let the price fall and take it as an advantage to invest again because I surely believe that its price will increase by 1-2 months from now.

Yes. I think that's a very straightforward yet truthful "analysis" of the situation. This might be the last time to get a chance to buy BTC sub 4k.

dreadfulgam

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