Topic: Bitcoin Goes Down! Surprising or not (Read 640 times)

Well, at least now it goes up, and if you take in the calculation of recent times, it is quite normal for bitcoin that the price varies in certain price ranges

I'm wondering why people are even becoming surprised or anxious about btc going down. Its volatile by nature so ups and downs should be expected. Though support was actually strong around 11k   so we didn't get to see it below 10k.

Yes maybe bitcoin goes down by the start of this year 2018, but this is not pretty surprising because bitcoin value starts at the bottom at the first quarter of the year 2017. I think this is a good timing to buy bitcoins when the value of it goes down to $2k to have a huge profit in the near future when the bitcoin value comes back to $20k.

Well for at least it didn't go down to the 10,000 USD mark and still many company are using bitcoin as mode of payment and are allowing to cash in and out in their business establishment. Which we can be still thankful for.

I have read some articles that it's true and confirmed, if you don't buy on those type of news or announcements and you are too skeptic about those positive news then it's you but with these type of news that is bringing hope and happiness to the bitcoin holders. I'm not buying with FUDs but when it comes to these positive things then I'm buying on it as long as it is true and confirmed.

People act like he bought very recently, which isn't true. He managed to enter the market at levels far below current ones, so it basically means that he is somewhat 'bragging' about him having done well with his investment.

I am sure that if things didn't go well, that he would just silently accept having made a bad investment without anyone ever finding out. From there it would have more value if he actually bought at current levels.

If the market actually got boosted by that, then those who are responsible for that are just stupid. You don't buy into news or announcements, and especially not when you can move markets, it's that simple.

You comment it correctly,growth was very accelerated in the last few months now maybe the price will stabilize even a little for a while.

As a result of it's pump that quickly happened then what can we expect on it's return? Price is moving on the way it moved forward and it did went backward. But for this year, we will see on how this calm market of bitcoin will stay. I have a big trust to bitcoin since then and with the latest news that we got the price surged when Thiel bought.

bitcoin price down it is a natural thing if you've often do bitcoin trading then of course you will often see bitcoin prices up and down so fast that in trading bitcoin you will not always get a profit sometimes you also can lose. so you'll be in demand to be able to determine the right decision such as selling bitcoin when the price is high and buy it when the price goes down.

in September 2016 Bitcoin had a price of 560 dollars. In early 2017, Bitcoin rose above $ 1,000. Already in the late autumn of 2017, we saw another record of about 20,000 dollars for one Bitcoin. These prices fluctuated quite actively and really predicted. What will be the price tomorrow is impossible. Although if you remember the season fork Bitcoin, it was They who could affect the price increase.

Its not that surprising that bitcoin goes down, the pumping of bitcoin has been too strong and too long, just imagine every month with new high record, and now most of the people sell bitcoin to go to alt coin because its more profitable

I remember how back in 2015 the price just wouldn't break through the $300 level for quite a while. It took the market several attempts to finally get it done, while in today's market we see price swings of even $1000-$1500 in a matter of minutes. It's more a problem having to do with a lacking liquidity on each and every exchange. Imagine how things will be when the market hovers over the $100k level. 10% price swings, which are fairly common nowadays, will then be $10k price swings. But then again, by that time I am confident that we won't see the price nominated in BTC anymore, but in mBTC, which makes much more sense.

i’m not Surprising will be Surprising  if price only keep goes up.
2000 dollars seemed very far because there are many resistance levels that the price must break before returning to that price.
after long time rising price need to stable or back down correction we can say back to 4000 or 6000 buy will be Surprising if i see bitcoin back to less than 1000 dollar.
let see the future and report about it.

In crypto currency industry all fluctuation of bitcoin is normally happen, since competition of bitcoin to the other crypto currency are high. However they were always need the watch the price and analyze if we invest or withdraw. That is the nature of bitcoin in our community.

This is a common thing now. Before 2017 began it was too much if the price went down by 200$ but now that has become a child's play. Abashing it is, for we are the wealthy new elites in this world, bitcoin has bought us fame and glory and we shall rejoice it. Even if it goes down, we shall not fall apart, because remember united we stand, divided we fall. Let's embrace this moment and buy bitcoin again andrt us make ourselves rich.

The price went up within few days last year. The sudden growth was abnormal as usual since the cryptocurrencies don't follow the general economic law. This correction was much needed. Right now we are seeing the price being stable and fluctuating around 13500USD to 15500 USD. Expecting to see a new all time high!

What about the time when bitcoin was rising and surging by $2000 everyday ?
Does someone remember that ? Bitcoin is highly volatile , any big dump can let to some certain amount of bitcoin's downfall . But that does'nt have to be confused with the " end of the era of  bitcoin" . Such things are happening for bitcoin since it was originated . Bitcoin is faing some huge problems because of the blockchain getting over crowded and the mining fees touching its peak , which might be the reason of big dump and some price drop .                                   

To me it looks like bitcoin is stabilizing.
And for a volatile product like bitcoin that means it's oszilating in a certain region.
It looks like that region is somewhere between 13K and 15K.
The 20K we have seen, that was an overheated market. Bitcoin had to drop down from there.
But I would be surprised if we see bitcoin fall strongly beyond the level of 13K.

Its normal and there is no need to worry about anything because bitcoin is a digital currency and its price is connected with market trade some time it will go high and some time it will be drop and it’s not the first time that its happening because bitcoin is not compromising on its price if bitcoin drop its price still it price will be high than any other currency because its price is very high than any other currency in world.

You're one of the very few then. There are so many people in here, even legendary members, acting like utter noobs at the time the price is going up or down, that it really seems like regardless of how long people have been active here, they still don't understand anything of this market. It's pretty much embarrassing for any entity here to not develop a better understanding of anything related to this market as time goes by. Let them sit in their nonsensical cycle that will continuously lead them to nothing but stupid decisions -- people are responsible for their own actions after all....

Nothing surprising about the bitcoin price going down in the past because whenever the price of bitcoin hit the highest level, there is what is called market correction that will come in to balance the bitcoin price in the market. And only newbies and beginners are worries too much about the market correction because once the correction is over the bitcoin price will recover and even get to another level by setting the new record all-time high in price.  

All this is normal, most people must have experienced it. Bitcoin always gives us a thing, every day we always see bitcoin price movements that easily increase and decrease. It might be said that it is characteristic of digital currencies, especially bitcoins. But behind it all there are things we can use, we can take advantage of the incident. One of them is to become a trader, by becoming a trader then we can gain profit from margin of sale and purchase, when intensity of bitcoin price volatility is often happening hence our possibility to get profit hence higher.

No no no , it is not the good way to have profit in bitcoin investment.
Go look around if everything feel won't end good in the near future i will cut the loss until the crash is over and buy it back at low.
To sell it later at high , so your losses also gonna be covered automatically , don't put ecpectation too much in bitcoin , it could hurts you anytime.

not surprising for me.. this is not the first time bitcoin prices go down, I think we should not worry because bitcoin price will increase.. the best option when the price goes down is you have to hold your coin and you will get more money in the future..

Big companies will think different from individuals. I think that one should not sell his bitcoin because of the fall in the price. We will see in the near future that it will be more than double of today’s price. Some people have doubts about the authentications of bitcoin but I want to tell them that bitcoin will survey forever and will be the mainstream in the future. Other currencies may disappear.

Little ups and downs are not surprise for me, that is normal and I get used to that kind of fluctuations. When changes are huge I start to worry and to think what the hell is happening, how did I miss it.
After '15, '16, '17 new year price of bitcoin was rising. First time after new year price is going down, but this morning when I woke up I saw its 15k dollars again, so not everything is black. I believe in increase this year also, and more adoption. Price is already recovering, and probably until February we will see the price on 20 k again.

bitcoin will continue to increase in 2018
because this always happens when the drastic price decline,
probably in January will continue to decline until mid-January
and will increase after that.
but this will correspond to the increased altcoin price

Surprisingly not, I’ve been seeing such decreases since I joined cryptocurrency without being what is the reason because demand and supply works in faith and by the way investors see the future and can be surely change by emotions and by others speculative opinion. I mean it is a natural thing that may affect the price and the only best option we can do is HOLD.

   I

This guy talks some scene!

The jump in market cap has been phenomenal, Most of it through FOMO, We also saw many attacks on bitcoin over the last 12-18 months. 

I would love to see btc go back to being the usable asset and the fees drop.

I have to wonder where you are reading this new's?? I see a bunch of stock analyst's and financial advisers have put in their 2 cents and that it has been quoted by reporters of several media outlets, yet I do not see anyone qualified to analyze the charts and or anyone that can properly analyze the distribution of bitcoin, and what I do see as I read into reports of regulating it and taxing it is a massive hype behind it that has attracted billions of dollars as of late and spawned numerous business ventures that are crossing with alt's and continue to bring such a massive flood of traffic into the exchanges that exchanges are laggy and overwhelmed.

I think the Market Cap of crypto in general is going to rush to such heights that for bitcoin to attain 40-50K would be nothing this year. there is no reason for it to stop there and nobody really can put a number on it,
a year ago MarketCap for bitcoin was 16,426,600,000
Today the MarketCap for bitcoin is  $255,478,689,239

With such an unbelievable distribution in the last 6 months compared to the 6 years before that why couldn't The MarketCap go to $2,554,786,892,000 which would be underperforming than what it did last year?

I truly would love to see someone accurately predict 2018, personally I think that people will circle back to it being an asset and use it for only major transactions and that it will climb over the 10X marketCap of $2,554,786,892,000 to rival last years climb.

(Gold Market Cap last June seems to have been around $21.83 Trillion, and isn't bitcoin just as valuable as it?)

Bitcoin is volatile in nature.People who are working with Bitcoin from quite a long time knows that these ups and downs are very common in the case of Bitcoin. So I don't think that all those people will be surprised by this drop.Whenever the price of Bitcoin has dropped ,it has recovered very soon and raised to a new all time high value.So just believe in it's potential.Keep holding your BTC's as long as you can because more you will hold ,more profits you will get. I will advice you to take this drop as an opportunity to invest in it more.Soon the price will rise again which will let you earn more profits.

I am not surprise because I know that there is a lot of volatility in the price and nothing can be say about tomorrow that it will raise or fall. So I am easy about the decrease in the price. I am sure that it will rise again in the next year and till the end of 2018 it will be more than 30k. Many people are talking about 70k at the end of this year. So there is nothing to be surprise about the short term fall.

There is no surprise that Bit coin prices are low.Changing the market is a naturally occurring one.The values ​​fall higher until the market gets a fixed place.There is a slight fluctuation behind it.Bit coin will retain its place.

no it is not shocking anymore to see bitcoin drops because it always happened all the time ever since bitcoin is not yet popular. crypto was built that way and it is the volatility that drives them to fluctuate ( e.g rise or drop ) but eventually they can still recover sooner or later. there were also some factors that adds in the decrease of bitcoin like holiday season and the price correction but some says it is because of  coinbase that has now accepted bitcoincash on their wallet support. overall there is nothing to worry or panic about it because bitcoin will always recover and rise even higher as the time goes.

Everyone here in bitcoin is shocked by seeing that much fall no one was expecting this we were expecting 25k att his weekend and bitcoin starts moving in backward direction and now people are watching toward the again rise situation and as prices are now moving toward up again and those who bought bitcoin did very well they strength bitcoin as well as they choose the profiting and millionaire future for them to come soon.

I strongly doubt that Bitcoin would drop to $2000, but it is possible, because there are various declines and increases in this business. It depends on many factors. My estimate for 2018 is that the price gets back to $19000 and then higher.

I completely agree with your opinion, because if you analyze the whole past year, then the price of Bitcoin has always fluctuated within such limits comma that is in percentage. Therefore, I do not think that something can change. Moreover, Bitcoin has never been in a stable currency, and this must be taken into account before starting to panic.

not Surprising for last down of bitcoin it is normally.

i’m worry price is so high and correction happen’s

I am not surprised with the decrease in Bitcoin rates. It actually is normal and expected since it reached a remarkable rate a few weeks back. I believe that each aspect always has an equivalent opposite reaction; so when Bitcoin reached it's peak it will most definitely have a correction that can be quite devastating and overwhelming causing panic selling and the inappropriate usage of this currency. Let's also consider the fact that it is Christmas, many people are in need so that they could buy gifts for others and spend for themselves. Hopefully after this season, Bitcoin rates would start increasing.

selling at the bottom is not actually a smart move and i think none of us will panic and start to sell off their coins not unless they are trully need the money to use on some important occasions but if not then much better if we can just hold still because this is just a mere correction that is happening lately and theres nothing to worry about this. its not really surprising to see this event because hello? its december and we are now close to christmas day therfor people are still expected to sell of and cash out some of their holdings to be able to prepare this once in a lifetime event.

I agree, it's normal if the price or value goes down because bitcoin is depend on supply and demend that's why i'm not surprising when the value going down. And i think this is the time to buy more bitcoin because in this coming year 2018 the value of bitcoin is increase, so you can gain more profit if it's happen.

Very true .  The nature of BTC is like that, its hard to control the rise and fall.

If the people who sell Bitcoin after the holiday season make a different investment? Bitcoin, which is owned by big companies, does not think these companies need the money for the holiday season.

It is not surprising it is the effect of holiday season because many people exchange their btc to fiat money,many bitcoiners waiting for this big dump because this is the good time to buy cheaper bitcoin  and we know all that this is only a temporary dump,if you have bitcoin don't panic selling because it is normal we cannot predict bitcoins volatility.

After bitcoin price rose that fast to 20000 dollar, every one expected this price fall too. So I personally was not surprised. It is normal and I won't be surprised when the price rise to a new all time high in a short time.

People only like volatility if it goes one way

It is not suprising that bitcoin price goes down because it is just normal thing in bitcoin because of correction of bitcoin price and that's why bitcoin is volatile. My prediction of bitcoin price at the end of the year is up to $15000 or more.

When many people are in panic, wise ones are acting to gain more profit.. Just don`t sell at the bottom, contrarywise, it`s a good time to buy

Basically that. Buy high sell low noobs have to get shaken out, which might sound a bit cruel, but this isn't a market that you step in just for fun. It's either you adapt to the market, which they obviously can't, or get eaten by whales, which is what's happening right now. It however remains to be seen whether or not the shake-off is over. I wouldn't be surprised to see it test the $10k level, which will allow these whales to grab even cheaper coins. Main point of importance is that this mad panic is lasting just for a very short time, meaning that it won't take much longer than a few weeks to a month to recover from this.

Wait for all weak hands to leave.
Stabilize.
Back to 20k in Q2 2018

I was shocked when the prise raised to $19000 within few days, the same I was really shocked again when it goes down to $13000, it looks like it is a temporary correction and will retrace soon again after Christmas. I read a news that next year the price of bitcoin is going to reach $50000, so now is the time to collect coins and don't intend to sell coins by the price dip, hold on patiently, the fear on this price decrease makes people to sell but don't do that.

I am not that much surprised that bitcoin is the good for us in the few days ago because we were looking to them at the high price but now the price is falling because it was not the normal rise it was abnormal and now we are facing the problem. it is surprising as well because the prices were going well and now it is not the thriller for us to control the price of bitcoin. it is really surprising for those who have invested their income into the bitcoin for the first time and now they are looking that the prices are falling 

Bold statement. Lets wait and watch

BTC will go up 20.000$ in 1 month.
Price will be 70 k end of 2018.

to hold now is better. if it goes down more, I would prefer to buy some and repeat the same pattern .Hoping for a huge growth in 2018

You will not find the dump as much you can expected. Last time hard fork also bitcoin lowers around 3k USD that time but since the price bump of this time and as we noticed the bitcoin hard fork last few times.
We will find the bump which takes flight to 25k USD before January 1st again.
So don't waste your bitcoins by changing it different coins or panic about it.

Actually, I think that 2k is really low...

I doubt it will reach those levels but maybe I am completely wrong.. I would say that over the short term it may reach 9k and after a while maybe 5k.. But not lower. Just because I guess bitcoinners will rush to buy at those levels!

Still, I can of course be wrong. It is actually really hard to make any accurate forecasts, so will are all merely placing bets!

Good luck and good year everyone!

Unexpected and surorising bitcoin because the people base on prediction bitcoin price continue to uprise before end of this year. But yes nobody can control the bitcoin price as decentralized cryptocurrency hard to predict bitcoin stability price rate.

I think the Bitcoin goes down because its Christmas season. Many of us need cash to buy and prepare for Christmas, so I think many have sell their Bitcoin because of this matter. And I would say that, after the long recent rise of Bitcoin many of us has earn their profit from their investment then its time to sell them to a higher price so that we can celebrate a Happy Christmas.

Well Im not surprise if bitcoin price today is decreasing. Since bitcoin made to be as volatile, its normal to change its price anytime. Its either it goes up or down Im not wondering anymore. I know this sudden drop of bitcoin today is only temporary. And this is the perfect chance to buy more bitcoin and hold it till the price will back to normal.

If block size is not increased, we will see more unconfirmed transactions and price will go down more. $40 fee per transaction is ridiculous.

This is our early Christmas gift! Fill up your bags boys

i was shocked when i saw the price of the btc. it's so sad that the bitcoin price is 14,056$ but i'm believing that it will just for temporary. It would rise soon. maybe in next month or in next week it would go around 16k$ or 19k$. we just need to be patient and don't lose hope.

This is not surprising at all since this has been the official behavior of Bitcoin since I can remember. Volatility has been the feature of Bitcoin and this is akin to a rollercoaster ride. Bitcoin is not for a faint-hearted guys since it can be shocking to wake up one day and you lost 30% of the value of the Bitcoin you think you are holding. Only those who are new to Bitcoin would be surprised of this kind of movement and we should understand these newbies. Welcome to Bitcoin and its astronomical highs (the moon) and striking descent (the lows).

It's not surprising for me. I was sure that there will be drop in price anyway. It was just a matter of time. I thought it could happen in February, but it happened much earlier.

Not surprised at all. It moved up rather quickly and needed some pullback. Expect much more volatility in the future as BTC heads higher and higher. Should continue back northward after it consolidates in this $13-15K range. For 2018 Im under the impression that Bitcoin will just continue to go mainstream and be somewhere between $30-50K.

yeah, surprising only if you have forgotten that you can actually take a look at a price chart and see all the price movement history from the first day bitcoin was listed on exchanges.
it has nothing to do with being new to bitcoin either because even if you are new you can still see the charts.

and if you do that you can see drops like this of this "relative size" are perfectly normal. if it was 50% drop or more then yeah it was surprising!

Im waiting for the 20.000 next months. This correction is normal thing. I see the reason like that : a some big investors decided to close profit orders  before Christmas and the new year, to buy cheap BTC after all holidays.

It is definitely temporary occasion that we don't need to scare. I have heard from some expert on Twitter that the fall is going to be till 12000$, but what does it mean for us? I think that os the greatest opportunity to buy bitcoin cheap, before a new bull run in the final days of the year.  

very nice bro. I believe it too

20000 is good growth and gives investors huge benefit. The trend looks to be encouraging since more and more startups are coming and giving BTC a further boost. The fall and rise is not surprising and will always happen. We need to be very careful. Thats it.

Really? I dont think about it even though there's many of the predictors telling that because it will going to crash not in that price but in about 8000 to 10k US dollars only.

It is quite surprising since we used to have the highest exchange value on bitcoin. If that would be the case then let us just keep our bitcoin in our wallet and wait until it reaches high again in that way we will have bigger income someday. It is surprising since for the past few weeks, the exchange rate keeps rising which gave us a very great deal and those times were perfect in selling bitcoin what we have already stored. We do expect as well it would go higher for the next few days. Just keep on believing.

I saw it also just recently because I remembered a topic here about the expectations for the end of this year and it has really gone down bigger than before. I guess it would still increase its value in the following days but I won't expect it to reach anymore around $18000 and above at the end of the year.

I'm sure it's temporarily decrease and good time to buy Bitcoin
I expect Bitcoin to be 20 000 in the beginning of 2018, and may be up to 100 000 till the end.
Of course that's only my thought, but I saw similar opinion of popular people in this industry

Hey...Guys.


Recently I read the news of CRyptocurrency where the Bitcoin Price Goes down approx $2000. So what's the Prediction for 2018?