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Topic: Bitcoin Market is down. - page 14. (Read 6324 times)

newbie
Activity: 28
Merit: 0
September 12, 2018, 01:03:22 AM
In comparison to last year, the value of bitcoin is quite low, and this affects all other digital currencies.
The last quarter of the year is the time we mostly witness rise in the market, but this year has been deep in red, we can only hope we see some quality growth.
newbie
Activity: 28
Merit: 0
September 12, 2018, 01:02:18 AM
This is a big ordeal on Bitcoin, after we saw a few years ago.
Bitcoin always has a surprising increase and decrease, if by the end of 2018. Bitcoin can fly even higher after experiencing a decline. Maybe more and more investors will come and ask how to make a good investment in Bitcoin, next year.
newbie
Activity: 196
Merit: 0
September 12, 2018, 12:51:29 AM
There are too many issues leading to bitcoin discounts. like the market and other currencies
newbie
Activity: 22
Merit: 0
September 12, 2018, 12:41:46 AM
A worrying sign that the crypto market has fallen, many will leave the market and start rumors.
jr. member
Activity: 490
Merit: 1
September 12, 2018, 12:24:32 AM
Crypto market is down and this is reasonable, good opportunities for crypto traders to collect bitcoin, panic occurs and many feel happy with this, but don't be provoked, all will turn green and get a return.
newbie
Activity: 34
Merit: 0
September 12, 2018, 12:21:27 AM
Ups and down is the part of trading world, if it won't happen then how traders will make profit. So if btc market is going down now then it does mean it will not rise again.
full member
Activity: 434
Merit: 101
September 12, 2018, 12:10:48 AM
It is the nature of the crypto market that it's price is changing over time and if now the market is not good it does not mean that it will exist forever and we have to watch the market several times.
hero member
Activity: 882
Merit: 528
September 12, 2018, 12:08:47 AM
This year has been a bit challenging for bitcoins as well as Ether to survive. Bitcoins are facing a quite low price now and also i think that most of the investors have taken their money off bitcoins.

Here is the graph showing us the price for bitcoins from 2009 to 2017


We all know that bitcoins really pumped a lot in 2017 but from the starting of 2018 bitcoins are low. A lot of FUD was been created and bitcoins really faced a lot of difficulties. Price for bitcoins at the starting of 2018 has been low similar to the year 2017.
I really hope that the price for bitcoins can again show us immense growth as it showed in 2017.

yes we have seen that bitcoin has been facing many difficulties in todays market as there is a large competition to BTC as many new alternate currencies are introduced in the market so we can say bitcoin is down in todays market but we definitely cannot say that bitcoin has been taken down by other currencies as its the major currency in the world so it will regain its value in market in coming months for sure .
jr. member
Activity: 30
Merit: 2
September 11, 2018, 11:49:53 PM
Wealth Distribution 2012 (wiki): Top 0.6% (42 million people) holds 40% of the money

Bitcoin Wealth Distribution (Dec 2017): Top 1000 people hold 40% of the bitcoin.



(Personal math: If 80% of bitcoin have been mined already, and every bit of the remaining 20% go to non-whales, that still means whales control 32% of the bitcoin supply at the end of the day)



I'm a cautious HODLer, but can someone explain to me why this isn't really bad? Because on paper, this makes bitcoin look more lopsided than the fiat currencies it seeks to destroy. I don't want my mass-adopted currency to be at the whim of 1,000 people.


Yea but you have to look at it like this. If whales hold the majority of Bitcoin and there are only 21 million. When it comes down to purchasing items like million dollar homes and cars they will have to use the majority of their coins depending on the price. So in order for bitcoin to be useful the price of bitcoin will have to increase tremendously. Think about the guy who used thousands of btc to buy pizza, and how things are different today. So as more people adopt bitcoin the more valuable it becomes.

newbie
Activity: 30
Merit: 0
September 11, 2018, 11:47:58 PM
Wealth Distribution 2012 (wiki): Top 0.6% (42 million people) holds 40% of the money

Bitcoin Wealth Distribution (Dec 2017): Top 1000 people hold 40% of the bitcoin.



(Personal math: If 80% of bitcoin have been mined already, and every bit of the remaining 20% go to non-whales, that still means whales control 32% of the bitcoin supply at the end of the day)



I'm a cautious HODLer, but can someone explain to me why this isn't really bad? Because on paper, this makes bitcoin look more lopsided than the fiat currencies it seeks to destroy. I don't want my mass-adopted currency to be at the whim of 1,000 people.

newbie
Activity: 28
Merit: 0
September 11, 2018, 11:35:02 PM
last few days continuously market down
newbie
Activity: 29
Merit: 0
September 11, 2018, 11:32:55 PM
At present, Bitcoin is very low. However, according to analysts of various analysts, the price of Bitcoin will increase in the end of the year. Those who are waiting for the investment have a great opportunity, investing in a bit of time right now.
Bitcoin is one of the digital currencies, although it increases or decreases, but there is no alternative to better investment for long-term investment.   
newbie
Activity: 52
Merit: 0
September 11, 2018, 11:10:30 PM
This year has been a bit challenging for bitcoins as well as Ether to survive. Bitcoins are facing a quite low price now and also i think that most of the investors have taken their money off bitcoins.

Here is the graph showing us the price for bitcoins from 2009 to 2017
https://encrypted-tbn0.gstatic.com/images?q=tbn:ANd9GcShUa2-hTHsG69oCYlE8CNerQlJXFkWwfOYXH79RQT1_3s7jBS_S2TQzrR-ug

We all know that bitcoins really pumped a lot in 2017 but from the starting of 2018 bitcoins are low. A lot of FUD was been created and bitcoins really faced a lot of difficulties. Price for bitcoins at the starting of 2018 has been low similar to the year 2017.
I really hope that the price for bitcoins can again show us immense growth as it showed in 2017.



I think the bear market is coming to an end.
every time he, BTC. Try to reduce, have, more market capitalization.
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newbie
Activity: 70
Merit: 0
September 11, 2018, 11:03:24 PM
Ups and down are closely related to each other and in the case of crypto it is very frequent so, there is nothing to worry at all because soon it will up again.
sr. member
Activity: 854
Merit: 251
September 11, 2018, 10:59:46 PM
This year has been a bit challenging for bitcoins as well as Ether to survive. Bitcoins are facing a quite low price now and also i think that most of the investors have taken their money off bitcoins.

Here is the graph showing us the price for bitcoins from 2009 to 2017


We all know that bitcoins really pumped a lot in 2017 but from the starting of 2018 bitcoins are low. A lot of FUD was been created and bitcoins really faced a lot of difficulties. Price for bitcoins at the starting of 2018 has been low similar to the year 2017.
I really hope that the price for bitcoins can again show us immense growth as it showed in 2017.
if investors before starting to invest, knowing with all the risks that will be obtained will be a confidence in investing to get profit and patience is the main capital in investing with cryptocurrencies
member
Activity: 180
Merit: 10
September 11, 2018, 10:46:30 PM
This year has been a bit challenging for bitcoins as well as Ether to survive. Bitcoins are facing a quite low price now and also i think that most of the investors have taken their money off bitcoins.

Here is the graph showing us the price for bitcoins from 2009 to 2017


We all know that bitcoins really pumped a lot in 2017 but from the starting of 2018 bitcoins are low. A lot of FUD was been created and bitcoins really faced a lot of difficulties. Price for bitcoins at the starting of 2018 has been low similar to the year 2017.
I really hope that the price for bitcoins can again show us immense growth as it showed in 2017.

indeed the Bitcoin market is currently down, huh this is sad but I'm sure Bitcoin will be fine, come on rise with us Bitcoin  Cry
member
Activity: 714
Merit: 11
BountyMarketCap
September 11, 2018, 07:51:11 PM
a few years ago the price of bitcoin was very low, but could rise significantly at the end of 2017. which means if the current bitcoin price drops very low, there is still a big chance to rise again. this is only a matter of time.
full member
Activity: 742
Merit: 103
September 11, 2018, 07:45:23 PM
There is a lot of information on the network today that most likely the securities commission will not be able to do anything positive for bitcoin this year.
member
Activity: 938
Merit: 14
Earn more with Earn Network
September 11, 2018, 07:35:41 PM
Yes the market is down yet there is no point in panicking over this. There has been several times when Bitcoin has fallen and some even beyond this percentage fall yet Bitcoin in one way or the other found it way up again. One thing that makes Bitcoin incredible is its fast recovery pace because of the large user-base support.
full member
Activity: 378
Merit: 100
September 11, 2018, 07:29:59 PM
This is not the first time the market has been down, so why the panic? Study well the historical trend of Bitcoin and you will get to know that Bitcoin is gradually making progress on the market. I believe that bitcoin price will back to its price. Buy more when the market is down.
I agree with you, price reductions are common in crypto, and we should not panic facing the current market situation, I also believe that
crypto will recover and the market will return to green, indeed this is a good time to buy coins as much as possible at low prices
Bitcoin market right now is trash, so please dont sell your bitcoin or any altcoins today, we see the condition, its getting worst everyday, dont panic youre just adding to the problem lets be positive here. Dont lose hope, i know that bitcoin and altcoins will recover from this loss
Yes it is. Whenever the market is down, I still manage to keep my hopes up for me to avoid panic selling which is no good to any business. I am pretty sure that the market will soon recover. We just have to wait a little longer and have patience.
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