The process remains the same every year .
There is a huge panic in the beginning of the year regarding why bitcoin is falling or is being stable and later in the year there is a panic about why bitcoin is rising so high and how fast will it go down if it grows with the same pace .
That is quite amusing to read such topics which just divert people from holding on .
Topic: [2018-03-09] Bitcoin Drops 20% But Wasn't Week's Big Crypto Price Loser (Read 153 times)
March 11, 2018, 09:00:50 AM
March 11, 2018, 12:01:36 AM
With bitcoins much stable support and foundation that’s a decade old it won’t suffer much more than altcoin who were new, in my opinion. Sometimes a drop of rain is a blessing for majority of bitcoin users (long term holder) that can be associated as a farmer who take advantage to it. While the passerby (new investors/newbies) will outrageous on any drop for they’re unrealistic and only here for profits within short time.
March 10, 2018, 11:49:14 PM
I am just hoping against "hope" that it doesn't plunge further. But honestly from my graph the fall is not yet done. It is likely to see the $5,400 region before any bull run could begin again. Perhaps the Gox news is keeping the bitcoin on its knees this time around.
Of course, I am reluctant selling off knowing that a springboard is somewhere waiting to push it back to the sky.
Of course, I am reluctant selling off knowing that a springboard is somewhere waiting to push it back to the sky.
March 10, 2018, 03:19:30 PM
was a very big fall and some say that this fall was due to the announcement made by the SEC that should have caused panic, whether or not it is true, the fact is that this is a year of huge falls. people are new, buy bitcoin with prices above $10,500 when drop enter in desperation and sell and this cycle does not seem to end, we need to react more optimistically when we read some unpleasant news
I lost 100% of my investment in an altcoin because as soon as people had the snapshot in less than 20 minutes they altcoin drop 80%, nor did I believe that people would do something like that
when the panic arrives people just want to get rid of the tokens that are already in the exchanges as fast as possible.
I lost 100% of my investment in an altcoin because as soon as people had the snapshot in less than 20 minutes they altcoin drop 80%, nor did I believe that people would do something like that
March 10, 2018, 02:47:40 PM
Bitcoin is never the project that loses more value in these falls. Even when the problem is related to Bitcoin more them others coins. The point is that if Bitcoin fails, everything will fall apart. Bitcoin is the leader, the others are followers. The pairs in the major exchanges are based on it. You need to buy Bitcoin when you want to go to fiat.
It's the simplest, quickest and cheapest way anyone can start understanding the crypto revolution.
Some other projects that have a high market cap have large whales, are traded in a few exchanges and have really bad Wallet ( cof, cof IOTA). By the way, when the panic arrives people just want to get rid of the tokens that are already in the exchanges as fast as possible.
Little volume means big jumps in price.
It's the simplest, quickest and cheapest way anyone can start understanding the crypto revolution.
Some other projects that have a high market cap have large whales, are traded in a few exchanges and have really bad Wallet ( cof, cof IOTA). By the way, when the panic arrives people just want to get rid of the tokens that are already in the exchanges as fast as possible.
Little volume means big jumps in price.
March 10, 2018, 02:32:46 PM
The most of bitcoin holders are male and the woman's day asked for a lot of money apparently 
Jokes on side, I've just found out about new drop and besides some facts about capitalization and current prices I still did not see a reason of the drop. In any case I do not think that we need to panic now, coz bitcoin will recover itself back in some time. Do not forget that the minimal prediction for this year is 40k$
Do you trust the forecasts? Lol. In relation to cryptocurrencies, everyone can say that "I know that I do not know anything". Bitcoin always lives its life and does not depend on the circumstances. People want to explain bitcoin's behavior with obvious things. But this happens only after price changes. No one can reliably predict the price of bitcoin even for tomorrow. Jokes on side, I've just found out about new drop and besides some facts about capitalization and current prices I still did not see a reason of the drop. In any case I do not think that we need to panic now, coz bitcoin will recover itself back in some time. Do not forget that the minimal prediction for this year is 40k$
March 10, 2018, 01:25:36 PM
The most of bitcoin holders are male and the woman's day asked for a lot of money apparently
Jokes on side, I've just found out about new drop and besides some facts about capitalization and current prices I still did not see a reason of the drop. In any case I do not think that we need to panic now, coz bitcoin will recover itself back in some time. Do not forget that the minimal prediction for this year is 40k$
Jokes on side, I've just found out about new drop and besides some facts about capitalization and current prices I still did not see a reason of the drop. In any case I do not think that we need to panic now, coz bitcoin will recover itself back in some time. Do not forget that the minimal prediction for this year is 40k$
lol... true, the dip actually intensified around the time that Women's day came. A lot of people probably needed to liquidate their holdings or else, no one gets laid. hahaha
I was actually hoping for the price to dip below $7k and try buying on the cheap once it does as it would surely bounce back to $9k or $10k by next month. It may still happen later next week if people are agitated by what's currently circulating in the news.
ha,I think you overestimates the urge of bitcoin holders to sell to buy some presents for their better halves
but there was an unexpected dip to 8.400$ on 8th of March,only to recover a 1.000 next day
if it dips below 7k,many would buy,since there is no reason for the price to go lower this year in the long run
yearly graphs show that the trend is bearish every beginning of the year,only to reverse by the end in November-December
just hold and wait
March 09, 2018, 07:49:20 PM
The most of bitcoin holders are male and the woman's day asked for a lot of money apparently
Jokes on side, I've just found out about new drop and besides some facts about capitalization and current prices I still did not see a reason of the drop. In any case I do not think that we need to panic now, coz bitcoin will recover itself back in some time. Do not forget that the minimal prediction for this year is 40k$
Jokes on side, I've just found out about new drop and besides some facts about capitalization and current prices I still did not see a reason of the drop. In any case I do not think that we need to panic now, coz bitcoin will recover itself back in some time. Do not forget that the minimal prediction for this year is 40k$
lol... true, the dip actually intensified around the time that Women's day came. A lot of people probably needed to liquidate their holdings or else, no one gets laid. hahaha
I was actually hoping for the price to dip below $7k and try buying on the cheap once it does as it would surely bounce back to $9k or $10k by next month. It may still happen later next week if people are agitated by what's currently circulating in the news.
March 09, 2018, 10:22:11 AM
Well after all this drama and bearish month we will soon hit a good price. This is the best time to catch up but some just don't realize the oppotunity. Veteran traders see no panic no matter how the market performs, no matter how big the lose they make theyre still optimistic about the future and hodling really pays off.
March 09, 2018, 10:09:34 AM
The most of bitcoin holders are male and the woman's day asked for a lot of money apparently
Jokes on side, I've just found out about new drop and besides some facts about capitalization and current prices I still did not see a reason of the drop. In any case I do not think that we need to panic now, coz bitcoin will recover itself back in some time. Do not forget that the minimal prediction for this year is 40k$
Jokes on side, I've just found out about new drop and besides some facts about capitalization and current prices I still did not see a reason of the drop. In any case I do not think that we need to panic now, coz bitcoin will recover itself back in some time. Do not forget that the minimal prediction for this year is 40k$
March 09, 2018, 10:00:14 AM
If February was bad for the crypto market, March hasn't fared better.
Bitcoin's (BTC) repeated failure to beat inverse head-and-shoulders neckline resistance saw bears come in full force, pushing prices to a one-month low of $8,371 Friday. As of writing, the world's largest cryptocurrency by market capitalization is trading at $8,970, according to CoinDesk's Bitcoin Price Index (BPI).
But the 28 percent drop from BTC's March 5 high of $11,660 had broader implications, pushing the market capitalization below $350 billion for the first time since Feb. 14.
The sell-off in BTC seems to have roiled broader markets, a trend evident by the fact the top 25 cryptos by total value are all reporting weekly losses.
As such, while bitcoin has depreciated by 20.98 percent week-on-week, it's notably not the top loser of the week, with TRON, ICON and IOTA ranking higher on bigger losses.
https://www.coindesk.com/bitcon-price-btc-usd-worst-performing-crypto-march-9-2018/
Bitcoin's (BTC) repeated failure to beat inverse head-and-shoulders neckline resistance saw bears come in full force, pushing prices to a one-month low of $8,371 Friday. As of writing, the world's largest cryptocurrency by market capitalization is trading at $8,970, according to CoinDesk's Bitcoin Price Index (BPI).
But the 28 percent drop from BTC's March 5 high of $11,660 had broader implications, pushing the market capitalization below $350 billion for the first time since Feb. 14.
The sell-off in BTC seems to have roiled broader markets, a trend evident by the fact the top 25 cryptos by total value are all reporting weekly losses.
As such, while bitcoin has depreciated by 20.98 percent week-on-week, it's notably not the top loser of the week, with TRON, ICON and IOTA ranking higher on bigger losses.
https://www.coindesk.com/bitcon-price-btc-usd-worst-performing-crypto-march-9-2018/
Jump to: