Bitcoin Price Drop

Optional · 03-07-17, 11:33 PM

Someone picked a time of day when liquidity looked low and tried to dump a lot to manipulate the price seems the most likely explanation.

The drop halted pretty quickly once action heated up in the market.

kj8210 · 03-07-17, 11:35 PM

Thanks! I guess I need to get used to this volatility if I plan on using coins as an investment. Do you invest in them Optional?

Optional · 03-07-17, 11:37 PM

Originally posted by kj8210

Thanks! I guess I need to get used to this volatility if I plan on using coins as an investment. Do you invest in them Optional?

Holding some for the long term but not really looking at it day to day investment wise.

FreeFall · 03-08-17, 01:37 AM

http://www.coindesk.com/one-bitcoins-biggest-funds-selling-ahead-etf-decision/

bigbadbilll007 · 03-08-17, 02:23 AM

when its dropping do you find yer self getting robbed more on conversion fees ,or it just the same as when its on the UP

vinndy · 03-08-17, 09:41 AM

I haven't sold in a while so I'm not sure about that. I just took a couple hundred bucks and put it over there for long term. I guess it'll pay off or disappear.