A challenge from bitcoin in 2018 - page 5.

Bitfling

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Activity: 602

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Quote from: safarabela on August 07, 2018, 10:43:56 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.

2018 is not over yet but not good too. Compare with august price, bitcoin price still higher thatn 2017. Positive news will coming in market and market will recovery again and early 2018 many false news about bitcoin and many peoples panic without doing research to find the truth

blockdragon

member

Activity: 189

Merit: 10

the chances to profit in trade have always been in the market regardless if it is a bear or bull market, just it has to be done step by step and with no greed. So I beleieve also now in this challenge we can profit somehow.

Limar0

newbie

Activity: 154

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I started late in cryptocurrency so I haven't track all the records what is the value of bitcoin at the start. Looking back at last year's price when it reaches the All-Time-High at almost $20K compared with its current price today I would say that this year is really a big challenge to us. But if we believe in bitcoin's capability to recover from its current dip then no worries at all. Just hold on to it whatever it takes and just think positive all the time that bitcoin price will bubble again.

atorle

newbie

Activity: 126

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Quote from: Akande13 on August 31, 2018, 06:16:19 PM

A bitcoin-based ETF would be a major coup for the cryptocurrency space. The SEC is hesitant, however, citing concerns of price volatility and the difficulty in actually setting a market price to base fund payouts upon.

They will eventually approve it as there are enough reasons to believe that the money bags are pushing for it, they have taken interest in bitcoin and will see it become a viable asset class.

atorle

newbie

Activity: 126

Merit: 0

After most bull run, we see some pull back, that is what happened with bitcoin last year, the challenge is that no one anticipated that the bears will come that early and linger this long. There is hope of brighter days soon

Taki

hero member

Activity: 1078

Merit: 514

Bitcoin had two picks in its history, in 2013 and 2017. The difference is five years and we should to be ready for something similar. Next halving of 2020 could be our light in the dark, the supply will be cutted on half, but till that there is two years of waiting.

sublime5447

legendary

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It can be said a challenge and can also be said that is a natural thing, because it’s impossible for bitcoin’s price to rise continuously there must be a time when the price will go down and some people panic because the price drops.
Indeed, only a few people are strong holding their bitcoin when the price drops and there are also people go panic when they see the price go down, maybe they are newcomers who lacking knowledge.

BitcoinPanther

hero member

Activity: 1918

Merit: 564

Quote from: safarabela on August 07, 2018, 10:43:56 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.

Interesting thought there safarabela.

I never really thought of it that the current situation is a challenge from bitcoin and not a challenge for bitcoin. It's like turning the table around and warning people that should they decide to leave bitcoin it's their loss.

But i don't think that this is the case. Primarily, bitcoin needs people (investors). Bitcoin can never stand strong without investor's muscles. Bitcoin can never threaten people and say that i am only challenging you, leave and you loss, stay and you gain. In fact, bitcoin is continually improving itself so more people will adapt to it.

So my apologies, but i don't think that what we are facing right now is a challenge from bitcoin rather, a part of price normalization.

anushkasachith888

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Activity: 532

Merit: 12

Yeah 2018 is a very bad year for bitcoin and whole crypto market, but I still believe, or I still like to believe that something will happen before the year-end. keep your faith in bitcoin.

lzby2000

full member

Activity: 379

Merit: 100

The biggest challenge comes from trust in the community. If most of us choose to trust the community, we can patiently get through this difficult period. The good news is that Bitcoin is being understood by more people and businesses.

Darz299

newbie

Activity: 140

Merit: 0

I think it's true that this year is a year of challenge for bitcoin, because this year's bitcoin price has decreased compared to last year, the price instability that continues to decline makes panic of traders and investors, so that many are releasing their bitcoin and leaving bitcoin because of their fear, but it can be seen for a few months that bitcoin prices have begun to slowly rise even though not too fast but continue to rise again and are expected to increase, and traders can return again to bitcoin also investors can return to invest again.

tyronecoinbit

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Quote from: safarabela on August 07, 2018, 10:43:56 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 just a month bitcoin stops again to Increase Its values. It didn't come in my mine that this year is more challenging because If you just compare It from previous year bitcoin Is much higher. And for sure It won't go any lower value than the previous low we had last year.

Neraj Evad

newbie

Activity: 140

Merit: 0

This year 2018 is a great challenge for bitcoin holders because they are expecting a good profits for their investments ,but it was shaken by a long fall down of price value of coins in the market, and up to now it was not really recovering from that fall,so this big challenge to continue to work hard to recover this .7

TanteStefana

full member

Activity: 280

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The Future Of Work

Quote from: safarabela on August 07, 2018, 10:43:56 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 is definitely a challenge for us because most of the guys that I have knew before, are already left this market for the vacations or just to rest from it. Challenge is to stay here, when everybody around are giving up.

tushin4

member

Activity: 191

Merit: 10

This year bitcoin price is very low. And this is a bad situation for bitcoin. actually in this year bitcoin will rise up and i will believe it. In 2018 bitcoin will be back again in the crypto market. So bitcoin will be back again

Dondisimo

member

Activity: 406

Merit: 10

This bitcoin really turned out to be difficult for him, because we have experienced several large price drops and are in an unfavorable position of the market now. But bitcoin will cope with these troubles and will grow in price, maybe not this year, but it will happen.

criptouser

full member

Activity: 392

Merit: 101

MenaPay - Crypto made easier than cash

I believe such a fall is not over yet. I think we have another year (2019) will fall. Then only in 2020 we will fly to the moon.

rtm125

member

Activity: 434

Merit: 10

Every drop in bitcoin prices really weeds out those who are not very interested and who do not understand that. These people are just starting to panic sell their coins, afraid of being left without money.

Kakarot01

newbie

Activity: 112

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Bitcoin has seen testing time toward the start of the year however I figure that is over at this point. With the ETF hearing soon and expecting that it may get the endorsement; we'll see extensive measure of speculations getting into bitcoin which will drive the cost higher. Despite the fact that the value appears to fall now; I figure it will get back up again soon.

gunhell16

sr. member

Activity: 1666

Merit: 453

Bitcoin needs more merchant to accept it as payment.
once establish demands will be back and people will start buying it.
all we can do now is to hold and make it happen.

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