Topic: Bitcoin is dropping! what to expect?! - page 11. (Read 1447 times)

As in December month there are many report are coming about hacked account in which millions of bitcoin are stolen, because of this many people stopped investing.

I hope not. I hope it can not reach that low. Its very sad to know if its happen.
I also think the price can be hit the lowest by 10k but i really dont hope it.

It may have some reason. We found the news a few days ago that Litecoin founder Charlie Lee says he's sold all his holdings in the cryptocurrency. It can affect and read. View News - https://www.cnbc.com/2017/12/20/litecoin-founder-charlie-lee-sells-his-holdings-in-the-cryptocurrency.html

I don't know what is the basis bitcoin dump, but i always believe on bitcoin have big future to become populat in the world, i think need to control the bitcoin in the marketcap because the whales playing the bitcoin in their hands, if not weong of my opinion.

The right time to buy into ALTCOIN, especially ETH, ETH has a very good future in 2018 

I think we have a few factors playing havoc on the Bitcoin price, although given the circumstances and in comparison to a normal stock, Bitcoin is doing quiet well during this downturn. Here are the reasons I think that BTC price is staying flat and stuck in the $13,000-$14,500 range for the last week or so.

1.)South Korea announced that it may be closing some exchanges.
2.)Fake News FUD sensationalizing all negative headlines and casting doubt on any positive headlines coming out of the Bitcoin community.
3.)End of Year Profits for investors.

While Vitaly Buterin is on a recent rant about people taking profits in cryptocurrencies, let's be honest, investors want to make profits. So the easiest explanation for the dip is investors taking profit, yet you won't hear this on Bloomberg or CNBC because Bitcoin "is not real" according to them. Couple this with South Korea looking to close what are probably scam bitcoin exchanges, the media sensationalizes the headline into an all-out ban on the entire cryptocurrency universe. Once investors realize it's just the media spreading FUD about Bitcoin, and realize exactly what Bitcoin and cryptocurrency does, then we will see the price go back up. If their taking profits on BTC, they'll really love the fact that Bitcoin reduces the cost of making payments tremendously for individuals and businesses. It will be years before the Bitcoin bubble forms and pops. I'm hodling on my Bitcoin and cryptocurrencies for now, after all this is the same FUD The media was spreading last year, and BTC is up $12000-$13000.

The rise and fall of Bitcoin is its own behaviour. Bitcoin dropped for now but it will soon increase in value in the future. People might sell their bitcoins now or others may take this opportunity to buy bitcoin with a lesser price.

I expect and wish i had more fiat so i can buy more and more bitcoins ..

It is indeed a correction, just people are impatient - patience is quite scarce in Bitcoin community - and the quantity of FUD is incredibly high this time.
If people would understand that we are still higher than we were in December 1st and such corrections are healthy, many speculators would get out of business.

You expect nothing actually as this is a normal occurrence. IMO, the drop is healthy. It is much needed or else the graph might look parabolic, and that is not good. Just buy the dip and hodl, you'll be fine.

What to expect ? The Future, Bitcoin & Crypto is Unstoppable !

There are many reasons for the sometimes biggish fluctuations, mainly this is due to market confidence and news, the big dump (actual) a few days ago distilled a lot of
FOMO dilemmas for many, some dumped too, and lost out - be strong, lets the markets recover, and don't trade with a hot head!

This is just my observation when bitcoin price increase I observe that altcoins dump and even ether so since bitcoin is dropping I expect that altcoins will increase. It is just my thoughts and observations about cryptos.

The bitcoin does not fall now, it floats on the price waves, then rising or falling. New Year and Christmas holidays will pass, then he will start his next ascent. So now you should not panic, but wait until the end of the first decade of January. After that, bitcoin should already overcome the mark of 20 000 dollars and will grow further.

It seems like we see this thread every month before the next bitcoin pump and people never learn

price change of btc is normal part of it no need to panic ,same thing happens to stock market price varies of its demand (how much people want it) its price is dropping because people are selling it new year celebration they need money and that affects its price, anyway if people sell it more then they buy it its price drops simple as that.

same thing happened last year same month, Bitcoin price dropped but after january 2017 + Bitcoin price started coming back and the result we hit 20k USD this year then next year i'm expecting to see 30kUSD+.

Exactly, when bitcoin is dropping it's starting to move further and the price of it can be doubled with it's recent drop. What to expect on these times is many are going to start panicking and will think that it will be the end of bitcoin.

@OP can't click the link you provided, it only redirects to bloomberg as your link is cut.

bitcoin is dropping and we expect to rise up twice as it drop

Everywhere some good news about Bitcoin (Wallet, Investement, Legalizing) but price is falling. What`s going on?