1. The current price of $300 is still 3 times higher than it was this time last year
2. This is not the worst crash that has ever hit bitcoin
3. The decline seems to be coming to an end.
The best advice I can give you is don't be a panic seller. Don't freak out. The price will recover. I bought a couple of dozen bitcoins when the price was 50-70 dollars a coin, and then the price went to $1200 a coin, and now its 75% less than that and I'm not worried.
If you are going to buy bitcoin, be prepared for a roller coaster and think long term. Sure the price is down 10% today, and about 70% this year, but its up about 1.4 million percent from 4 years ago. Its still up about 400% from when I bought in about 18 months ago.
The last 10 months have been pretty depressing for bitcoin investors but like I said the decline is running out of steam. The sellers have sold, the oversold indicators are everywhere. The price is due a major reversal. Hang on to your bitcoins for a couple of years you'll be glad you did.
It's not over, it's just going through a down period. These corrections happen all the time, just look at the entire history of bitcoin. Bitcoin technology is not going away, it will continue to go up as time passes, you just need to be patient.
You following old news that you hear on TV
You arent investing correctly. All the money has been made. I was kicking myself back in Feb 2011 when I could have brought BitCoin for 0.91 cent but on July 1, 2013 I brought BitCoin for 76.08 and sold it for 861.54 on Jan 20 2014. I made a good piece of change:) States began to propose regulations for Bitcoin companies. The comment period for the regulations, which were introduced by the Department of Financial Services, is set to end on Oct. 21.
Bitcoin has attracted the attention of a number of other regulatory agencies in the United States, including the Consumer Financial Protection Bureau, the Securities and Exchange Commission and the Internal Revenue Service.
Get out NOW
You bought something with no intrinsic value as a complete speculation. You had no reason to expect it to rise in value, and now have no understanding of why it has dropped in value.
Hope you are smart enough to learn from your incredibly obvious mistake.
Bitcoin history is that it fluctuates wildly. Ultimately it is going to zero, but certainly not without ups and downs. Zero might happen next week or next decade, but it is going to happen.
That's the problem with gambling. Some you win and some you lose.
probably because the onion (tor) is not anonymous anymore. I've never been on it personally, but I saw a youtube video that said that they use bitcoin on tor...so that is probably the reason
Bitcoins are a high risk investments. Is a pseudo currency. I would quite frankly stay away.
I get paid in bitcoins and I buy most my stuff with bitcoins so this is not an invest exactly
It's now at 288 just two days ago I bought a huge amount at 383 and a couple days before that I bought at 450. Wtf is going on it's falling around 10 percent a day. !!!! Is bitcoin over
