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For the people freaking out, this isn't even the worst it's ever been for BTC. Here's an example:

Back in 2013, BTC dropped by over 50%. From $1100+ to just over $500.
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BTC has dropped around 32% today so far. Still another 20 points before it even touches 2013's drop.
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I'm just butthurt I don't have any $$$ in the exchanges right now to get in on this Holiday Fire Sale.

Yup.

Its just funny how people think its “normal” when coins like verge gain 1000% a week (wtf?) and then when coins are down 30% thats huge
 
Two month period from Dec 1 - Jan 31, for last four years

Last three years have seen really solid drops after the new year.
 

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Yup.

Its just funny how people think its “normal” when coins like verge gain 1000% a week (wtf?) and then when coins are down 30% thats huge

now got some peace :)
deeply thought after read you, its not much drop really.
we shouldn't be afraid.
 
I would wait for confirmation that this current bearish trend have ended before buying.

As you can see, we are still in a bearish cross-over (15(black) -30EMA (red)) on the hourly chart... I would atleast want a bullish cross-over before buying some bitcoin. Its not a guarantee that price will rise from there but its much better then just buying blindly (its like catching a falling knife).

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I would wait for confirmation that this current bearish trend have ended before buying.

As you can see, we are still in a bearish cross-over (15(black) -30EMA (red)) on the hourly chart... I would atleast want a bullish cross-over before buying some bitcoin. Its not a guarantee that price will rise from there but its much better then just buying blindly (its like catching a falling knife).

lDFJnaZo
You're too late anyway. It dropped to $11k earlier today, and is back up around $14500, give or take $500. Had you bought in at $11k, you would have already made a solid 25% gain.
 
You're too late anyway. It dropped to $11k earlier today, and is back up around $14500, give or take $500. Had you bought in at $11k, you would have already made a solid 25% gain.
Keep dreaming mate. Bubble has burst. I'm seo expert and I know it all *throws in tulip, dot com and squirtle's bubble".
 
people still dont understand, bitcoin with high transaction as today show its flaws very fucking high fee and low time process. Its will be dump as its can not use as value transaction tool. Its only for speculation.
But the question is which cryptocurrency will be replace it? there are over 1000 Cryptocurrency rightnow on the market. Which one we choose???
One more thing, i think all the cryptocurrency nowaday are the same. The miner manufacture companies try to pumb them for their business purpose.
 
bitcoin is not good payment tool, its like digital gold, stored value. You don't pay with gold, you store your wealth in it.

For payments there is ripple.
 
bitcoin is not good payment tool, its like digital gold, stored value. You don't pay with gold, you store your wealth in it.

For payments there is ripple.
LOL. That's a new one. How do I convert this online gold back to dollars without buying them then?
 
I just saw another pattern on BTC/USD hourly chart:

Descending Broadening Wedges

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If the above trendline is broken, it can target the $19k region again. We are also close to having a bullish cross-over of the two EMA's. Things are looking good so far.
 
I just saw another pattern on BTC/USD hourly chart:

Descending Broadening Wedges

rXKQCcOb


If the above trendline is broken, it can target the $19k region again. We are also close to having a bullish cross-over of the two EMA's. Things are looking good so far.

TA aside I don't see btc going up considering there are 200k plus unconfirmed transaction and damn high fees. Probably some sideways action while alt go up and btc fixes its shit.
 
Keep dreaming mate. Bubble has burst. I'm seo expert and I know it all *throws in tulip, dot com and squirtle's bubble".

Looks like you are Crypto hater OR you couln't buy when BTC was fall.
btw, We Need Crypto Experts here in Crypto section. As you are SEO expert , i will listen you in SEO section (for my aff websites)
 
LOL. That's a new one. How do I convert this online gold back to dollars without buying them then?
Read again, i did not say you can't buy or sell bitcoin.
What i say is it's not a good currency for payments.
https://ibb.co/hrAWC6
 
Read again, i did not say you can't buy or sell bitcoin.
What i say is it's not a good currency for payments.
https://ibb.co/hrAWC6
Yes simply asked how would you transfer this into something that you could use for purchases? Magic?
 
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