A challenge from bitcoin in 2018 - page 12.

mamacitosi

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Quote from: safarabela on August 07, 2018, 09:43:56 AM

This year the price of bitcoin has dropped for a long time, and don't know how long bitcoin will be like this. I think this is a year of challenge from bitcoin, those who are strong will stay here and the weak will leave, this will be an option to determine the future.

Yes actually this is a big challenge to all bitcoin users, all of this trials make users and investors test their loyalty of said bitcoin if they can stay for all the longterm dump of said coin.

vin22

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This year has been recorded as the worst year... Because the best lost was recorded from the beginning of the year till now most people have lost funds in the crypto world base on the fall.. but for me now is the best time to buy more of BTC and Sell back later later to make some huge gain.

asadbd1

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According to a Bitcoin investor, Tom Lee Bitcoin will reach approximately $ 25,000 at the end of 2018. He also thinks that it will increase by $ 202,000 by 2022. These numbers are quite bullish. According to a report by Fundstrat Global Advisors, the recovery of Bitcoin will be very violent as well. Also, most experts believe that a complete recovery will be done in July. Then, Bitcoin will be able to be again again for new heights. For this reason many investors feel that it will be able to hit new high continuously in half the second half of the year.

hujgubgfgs

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Feelings from my friends, Bitcoin in 2018 is uncertain, unstable. The price of Bitcoin in the market is down, which in turn causes the Bitcoin information to fall. Who has any credible information?

amaydel

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Keeping your crypto holdings specifically bitcoin this year is really bloody and frustrating. But if you just treat it as a challenge to yourself especially to your faith in bitcoin, then you will not be probably shaken by the drastic fall of its market price.

pareshnakar

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bitcoin is fall down and market also down i dont know how long market down but the very tuff for crypto if bitcoin down

wantjokull

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Sooner or later when we look back to the topics like this, the scenario seems to be changed completely. Where here we were discussing about the dump, at the same time bitcoin spiked to 8.5K USD and by the time there was sunset things gotten changed adversely and now again bitcoin is dumping to the new low and making things even worst than earlier. Well worst for those who are very much panicked about their investment. This year is really challenging for now and looks like this challenge may have amazing outputs in the months to come. For example, surprise hike to 20K USD just like December 2017. Cheesy

MGBloomz

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Quote from: safarabela on August 07, 2018, 09:43:56 AM

This year the price of bitcoin has dropped for a long time, and don't know how long bitcoin will be like this. I think this is a year of challenge from bitcoin, those who are strong will stay here and the weak will leave, this will be an option to determine the future.

I think this is in preparation for a major bull run and those investors will buy more once the price fall down to bottom. We can expect a big leap on this in a few days. Those who understand the situation will hold and be patience to wait for the bounce back. Every downfall has a corresponding rise to balance the system.

basyang

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Quote from: safarabela on August 07, 2018, 09:43:56 AM

This year the price of bitcoin has dropped for a long time, and don't know how long bitcoin will be like this. I think this is a year of challenge from bitcoin, those who are strong will stay here and the weak will leave, this will be an option to determine the future.

It seems to me that the challenge of bitcoin in 2018 is the market price because as of now, the bitcoin price is still low and suddenly rise for a while and then down fall again. Yes the strong is the one who aare patient to wait to the price to rise again and the weak is the people who can not wait and sell of there bitcoin because they are afraid that bitcoin can not recover again.

njklhwioa

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Bitcoin will persist as long as a few Bitcoin-based computers remain active on the network. Only a radical scenario can lead to the end of Bitcoin. In the next few years, this electronic money is still the top cryptocurrency unless the community self-destroys it due to its greedy or careless nature.

vessing

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Even the most competent market analysts can not make an accurate price forecast. In the future, we can see that bitcoin will surpass the market capitalization of gold and become the dominant reserve currency, or we will see the collapse and bans, witnessing the most brutal state crises.

defriadi

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I really agree with your opinion, this is a challenge for all of us. for people who are strong and patient, he will continue to survive, and for people who are weak then he will leave this bitcoin and sell all the bitcoin he has and of course he will lose. that was due to the panic he experienced

yansen

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events in 2011-2013, 2014-2017 will be repeated at this time. you are right, who is strong will survive to shape their future in Bitcoin. but the weak will come out of the crypto currency world and start from the beginning for their future. it's only about time to survive. and make a lot of patience. I believe those who survive will win in the end.

Casey7

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Quote from: Ctn on August 09, 2018, 11:38:54 AM

It’s not that challenging for bitcoin because there had been worst cases than this and I have read over the forum bitcoin had drops like 90% than the original price where it rolled back itself from $32 to $2. I think you should be happy wi5 the current situation as it is just ~40% drop and in that also it is the most costly coin over the blockchain. I’m sure any drop that you see now onwards will look like very tiny to you as the example I have given is far stronger to belive this stuff.

Maybe the person who been in crypto from beginning know how bitcoin was last year and also few years ago. Which one is worst? This year or year before? But once again, people being panic because of this move of crypto and this make people loss confident so market is bearish.

derekeaton

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Quote from: safarabela on August 07, 2018, 09:43:56 AM

This year the price of bitcoin has dropped for a long time, and don't know how long bitcoin will be like this. I think this is a year of challenge from bitcoin, those who are strong will stay here and the weak will leave, this will be an option to determine the future.

Many people have lost hope and faith in bitcoin, but there are still many who believe in a brighter future.

ShowOff

legendary

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Quote from: safarabela on August 07, 2018, 09:43:56 AM

This year the price of bitcoin has dropped for a long time, and don't know how long bitcoin will be like this. I think this is a year of challenge from bitcoin, those who are strong will stay here and the weak will leave, this will be an option to determine the future.

i will be supporter because not hold much coin now. at least if price keep go down i will not lose big asset with hold bitcoin, and can feel it to sell in high price even not that much in one day bitcoin price rise

Buladig

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Quote from: safarabela on August 07, 2018, 09:43:56 AM

This year the price of bitcoin has dropped for a long time, and don't know how long bitcoin will be like this. I think this is a year of challenge from bitcoin, those who are strong will stay here and the weak will leave, this will be an option to determine the future.

I really agree with you that this year is a year of challenge for everyone who jumps into the world of crypto ...
and I'm sure everyone who is able to survive here will be a strong person while those who don't survive here can be sure that he is a weak person ...

Stedsm

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Quote from: martin1221 on August 13, 2018, 11:58:45 PM

Yes mate, this year is the biggest dump of bitcoin and many people now go cut their losses and find another coin to invest. But many are still here right mow because of believing into bitcoin. Slowly gaining higher price makes us happy and as what i have seen, the drop of price right now is a little bit lower compared to last few months

If you analyze closely, you may see that Bitcoin crashed from $1250 (2013-14's biggest pump before 2017-18) to $250 that totals it to 5x down from its all time high, you may see that $20k was the new ATH and we're probably heading to $4k as the new low before we start for a hunt of new ATH (soon). Till then, the quest for the most strong holders continues...
I think people are panicking too much over governments' and banking institutions' statements. Currently, Jamie Dimon (the infamous critic of crypto and esp., Bitcoins) gave a statement doubling down on "Bitcoins' ponzi scam". I believe that such incidents have a correlation with what's currently going on in crypto. These people are creating a chaos here, making people panic and sell under the pressure that such statements are being publicized at a very big scale. This is a scheme of making rich more richer and let the poor ones remain poor or go more poorer.

martin1221

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Yes mate, this year is the biggest dump of bitcoin and many people now go cut their losses and find another coin to invest. But many are still here right mow because of believing into bitcoin. Slowly gaining higher price makes us happy and as what i have seen, the drop of price right now is a little bit lower compared to last few months

Stedsm

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Quote from: safarabela on August 07, 2018, 09:43:56 AM

This year the price of bitcoin has dropped for a long time, and don't know how long bitcoin will be like this. I think this is a year of challenge from bitcoin, those who are strong will stay here and the weak will leave, this will be an option to determine the future.

Naturally correct, because people who want free money were never needed and it takes a long wait before they get rewarded for their patience.
I've had many coins before but I didn't conduct the amount of patience it needed before I get rewarded for my wait. Had nearly 1 BTC at a time when BTC was $6k and I thought it was its peak, so sold it completely and the same year, it went above $18k and even reached $20k later on. And when it wasn't needed to wait, I waited for longer (in these bearish times) and got defeated by the markets making me lose more than 1 full BTC. It's good to wait yet as I believe BTC has not met its bottom for this year yet, and so it will hammer (crash) alts too very hardly, so as to give us the ability to buy back our favorite tokens and even BTC at dirt-cheap prices.

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