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Topic: 2018 bitcoin plummeted (Read 272 times)

member
Activity: 588
Merit: 18
February 02, 2018, 05:41:48 AM
#26
I think Bitcoin won't get the old price in the long run. Bitcoin can experience a vertical decline in the $ 3500 - 5000 range, especially if the manipulation claims made by the regulators about bitfinex and tether are correct.
member
Activity: 303
Merit: 43
February 02, 2018, 05:34:45 AM
#25
In the past two days, the value of bitcoin dropped for the first time, dropping below the level of $ 10,000 first and then continued its slow decline at a price of around $ 8,800 for more than 30% in three days, leading to a general decline in the copycat currency and a larger decline than the decline in bitcoin Also exaggerated, and some decline even more than 50%, 2018 new year will be bitcoin another September 4, 2017 it? Are you panic? Cry

If you are panicking and you are worried that you might make a mistake that you'll regret later, you should just hold and stop looking at charts/prices for at least a month or two.
member
Activity: 490
Merit: 10
Bitfresh - iGaming with 90s UI
February 02, 2018, 05:06:44 AM
#24
A lot of information has already been said about the fact that all this is a big correction, so probably it's worth just waiting. Because the market is cyclical and again everything will be green
sr. member
Activity: 882
Merit: 251
February 02, 2018, 04:42:05 AM
#23
In the past two days, the value of bitcoin dropped for the first time, dropping below the level of $ 10,000 first and then continued its slow decline at a price of around $ 8,800 for more than 30% in three days, leading to a general decline in the copycat currency and a larger decline than the decline in bitcoin Also exaggerated, and some decline even more than 50%, 2018 new year will be bitcoin another September 4, 2017 it? Are you panic? Cry

Certainly, the situation on the market is something that is very unpleasant, but I do not panic. Open Bitcoin (or other popular coin) chart and look through it. You will see that great falls happen regularly. The growth comes after it.
jr. member
Activity: 88
Merit: 4
February 02, 2018, 12:49:37 AM
#22
To be honest, I started to panic.
Because the latest bad news is too much.
Countries' regulatory policies, facebook's ban on ICO advertising, and the theft of Japanese exchanges.

I guess you werent around in 2012-2013...those were bad years, and they didnt have BTC futures trading, enterprise blockchain, etc.
So answer me this: How does any government regulate a non centralized currency? They cannot raid a central repository, or subpoena records? Especially when discussing privacy coins like monero, zcash, zclassic, btcp. The ledgers obfuscate the amounts. Also since major retailers such as expedia, overstock and newegg are accepting crypto, then it never has to convert back to fiat.  

We have more adoption then ever, wallets that run on cell phones, retailers that accept payments, and we hear the same regulatory BS every year since 2011. This is FEB...and every year for the past few years the market had dipped and then come back up.

Can you explain why the US stock market also took such a hit after an end on end increase the past few weeks? Probably beacause Jannet Yellen stepped down. This is all normal for the stock market just as Feb is normally down for the Crypto market. HODL tight Mar-June should be great!

If you dont have the stomach for it  either get out and buy gold or get some tums and valium, double down (cost averaging), and ride it out.
full member
Activity: 266
Merit: 113
February 02, 2018, 12:41:49 AM
#21
In February, all will become clear what will happen with bitcoin and its Althingi,because the market situation is not favorable to improve the situation
jr. member
Activity: 88
Merit: 4
February 02, 2018, 12:39:36 AM
#20
I love red days and week, it gives me great feeling what now i will earn more money if i buy crypto,  now im waiting until ~ 17 February and will rebuy all.

hah - im betting on the 20th lol
jr. member
Activity: 88
Merit: 4
February 02, 2018, 12:36:10 AM
#19
If you want my advice buy NOW. market should return the end of Feb...done the same thing every year for the past 4 years. However in the long term - I believe this is the final year for king BTC. It will be dethroned by newer, faster, and more private blockchains. BTC is old and slow tech, something that just cannot compete with the new blood. It will always be the genesis but like diners club, will fade into memory and only be accepted a a few high end places in the end.
jr. member
Activity: 85
Merit: 1
February 02, 2018, 12:34:24 AM
#18
I love red days and week, it gives me great feeling what now i will earn more money if i buy crypto,  now im waiting until ~ 17 February and will rebuy all.
full member
Activity: 420
Merit: 101
February 02, 2018, 12:31:26 AM
#17
This decrease starts at the end of 2017 and this will continue until the next few months, although a few days ago the price began to improve but it was merely to look for the victim.Btc greatly affect the other coins is very tiring to keep thinking about it. Better to hold it first.
full member
Activity: 812
Merit: 106
February 01, 2018, 11:59:06 PM
#16
Apparently traders are tired from the crypto currency market and they decided to destroy it and return to the equity markets.Everyone is talking me, we told you that this is a financial pyramid.
member
Activity: 322
Merit: 10
╔►[FILIPINO Translator]◄╝
February 01, 2018, 11:57:23 PM
#15
I have bought bitcoin at 16,000$ and it goes down half of its value now and all i am doing now is HODling it. I still believe in bitcoin that it will rise again very strong like what happened last year when it reaches for 20,000$.
member
Activity: 266
Merit: 10
February 01, 2018, 11:51:37 PM
#14
To be honest, I started to panic.
Because the latest bad news is too much.
Countries' regulatory policies, facebook's ban on ICO advertising, and the theft of Japanese exchanges.
legendary
Activity: 3038
Merit: 1024
Leading Crypto Sports Betting & Casino Platform
February 01, 2018, 11:47:27 PM
#13
In the past two days, the value of bitcoin dropped for the first time, dropping below the level of $ 10,000 first and then continued its slow decline at a price of around $ 8,800 for more than 30% in three days, leading to a general decline in the copycat currency and a larger decline than the decline in bitcoin Also exaggerated, and some decline even more than 50%, 2018 new year will be bitcoin another September 4, 2017 it? Are you panic? Cry
I was panicked because I thought it was a chain reaction. The drop in bitcoin prices led to declines in other currencies as well. I was very confident in bitcoin, but I now think his price is not going to work well, and I also unable to predict when the price of bitcoin will go back up.

it will not go up within months. and it will keep dropping, i expect 5k per btc. this is the time when people scare and cut loss, and when eventually it will go up again. But there will be more FUD coming out and make people panic.


Yeah maybe you are correct that bitcoin is continuously dropping. The price of bitcoin now is below 9,000 USD and it is scary to see that the value of it is continuously dropping. At this moment its a huge value dropping and i almost lost 40% of my investment in bitcoin right now but its hard to full out because i want get another chance that my money will back again. Hoping the value of bitcoin will recover again it more than 10,000 USD and lets see what will be happen in a few days coming to the value of bitcoin.
Keep your investment in bitcoin, So many FUD for crypto. But I glad to invest all of my money in ethereum while the price of each ethereum was $250 and I still get huge return from there. And ethereum was even strong than bitcoin. As far as I can see about the price of bitcoin will be dropping more if there will be more FUD comes to the crypto space. But this is predictable for a lot of expert.
full member
Activity: 476
Merit: 102
February 01, 2018, 11:37:03 PM
#12
In the past two days, the value of bitcoin dropped for the first time, dropping below the level of $ 10,000 first and then continued its slow decline at a price of around $ 8,800 for more than 30% in three days, leading to a general decline in the copycat currency and a larger decline than the decline in bitcoin Also exaggerated, and some decline even more than 50%, 2018 new year will be bitcoin another September 4, 2017 it? Are you panic? Cry
I was panicked because I thought it was a chain reaction. The drop in bitcoin prices led to declines in other currencies as well. I was very confident in bitcoin, but I now think his price is not going to work well, and I also unable to predict when the price of bitcoin will go back up.

it will not go up within months. and it will keep dropping, i expect 5k per btc. this is the time when people scare and cut loss, and when eventually it will go up again. But there will be more FUD coming out and make people panic.


Yeah maybe you are correct that bitcoin is continuously dropping. The price of bitcoin now is below 9,000 USD and it is scary to see that the value of it is continuously dropping. At this moment its a huge value dropping and i almost lost 40% of my investment in bitcoin right now but its hard to full out because i want get another chance that my money will back again. Hoping the value of bitcoin will recover again it more than 10,000 USD and lets see what will be happen in a few days coming to the value of bitcoin.
sr. member
Activity: 1736
Merit: 357
Peace be with you!
February 01, 2018, 11:18:08 PM
#11
Bitcoin and cottage plummeted, there is no investor concerned about the market? Is there a big picture for the old players to give some advice? Cry
I think the best thing we can do is to go with the flow. I mean buy some while the price is still down and then hold it until you need it. This is a natural occurrence in this cryptocurrency industry so it is better to grab every opportunity we have. Let us make early adoptors as an inspiration because they just keep and forget their coins on their wallets and came back when it already has millions of profit. If only I have money to invest huge profit would be as easy as 1, 2, 3.
full member
Activity: 364
Merit: 101
February 01, 2018, 11:06:24 PM
#10
Panic is for the weak. The people came flocking upon seeing bitcoin nearly 20,000 and dropping the minute it steps back to 4digits. More and more news coming from south korea then india but all misinterpreted or merely fake. Whales awaited and party buy as soon as weak hands lets go of their coins. We the strong will hodl and see that bitcoin will recover and we'll wait for the day that 2018 will prove to be a promising year for cryptocurrency.
hero member
Activity: 3080
Merit: 603
February 01, 2018, 11:00:48 PM
#9
2018 new year will be bitcoin another September 4, 2017 it?
I don't think so but its on different level but just as what we thought that history is repeating itself. Just hold on and keep the faith, bitcoin plummeted but take things positively, time to shop and just don't look at the price. Uninstall every single app that shows bitcoins price.  Cool
Are you panic? Cry
Not yet.  Cheesy
sr. member
Activity: 504
Merit: 252
February 01, 2018, 10:46:48 PM
#8
In the past two days, the value of bitcoin dropped for the first time, dropping below the level of $ 10,000 first and then continued its slow decline at a price of around $ 8,800 for more than 30% in three days, leading to a general decline in the copycat currency and a larger decline than the decline in bitcoin Also exaggerated, and some decline even more than 50%, 2018 new year will be bitcoin another September 4, 2017 it? Are you panic? Cry

Not a little panic in me, dude. There will always be times for any coin to go down. And Bitcoin is not exempted of it even if it is the strongest and the leader of the flock. There is no need to worry. After all, this is not the first time that Bitcoin came down from a much higher spot.

Do you think that Bitcoin will simply end up dying this way? No way. There is no reason for us to believe that this will go on spiraling down. Believe me, days from now, we will be seeing green all over.
newbie
Activity: 58
Merit: 0
February 01, 2018, 10:32:06 PM
#7
Bitcoin and cottage plummeted, there is no investor concerned about the market? Is there a big picture for the old players to give some advice? Cry

Cottage?  Which cottage plummeted?  lol

Jokes aside, I think the recent rumor that India was banning Bitcoin (which turned out to be just a false rumor), and the drama that Tether's auditor left them without performing an audit, then U.S. regulators from CFTC sent subpoena to Tether and Bitfinex, all contributed to what's happening on the markets now.  But then again, markets can go up and down without any reason at all...

Looking at the bigger picture, I feel there's a lot of room to grow for cryptocurrencies as a whole.  For Bitcoin, there are quite a few proposals / projects that are under development to improve scalability, privacy, security, and adoption.  Here's a short article from Bitcoin Magazine listing some of them : https://bitcoinmagazine.com/articles/keep-eye-out-these-bitcoins-tech-trends-2018/

So I'm not worried about the current price drop.  I think we have an exciting year ahead of us.   Wink
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