Topic: Bitcoin price "drop" - page 11. (Read 2199 times)

This is a commonplace where bitcoin experiences a period of ups and downs and greatly falls. Bitcoin experiences that because the value and bitcoin price are so high that the obstacles are getting bigger so anything that blocks bitcoin will make bitcoin fall. The best thing we have to do as a bitcoin owner is do not be affected to sell our bitcoin at a cheap price.

Yes of course people invest money in bitcoin to get profit so if they will not get anything but only lose then for sure they will get stressed now I blame those whales for the fallen price how are selling bunch of bitcoin at panic just to make the market down so they will again buy more at low price so this is not a good policy as to make your profit you are creating trouble for others.

We are actually taking out the fun from the bitcoin, let me correct my self, we have already taken out the fun form the crypto world where bitcoin was supposed to support the fastest and cheapest transaction with pseudo anonymous nature. What a day that would have been for all of us. Im pretty sure if that principle was still here then government of different countries would have already accepted it into the fiat blending.

The price drop is just normal because you are right that there are people who are spreading fud in other countries and we cannot do anything about it to stop but still it was a good time also to invest a huge amount since the market price is dropping.

That is true. Though im also one of those people who joined in not so long ago. What my beef is people who actually sell when the price is low. They contribute to the drop in prices more and more. What shoukd happen is to hold and buy more. This will help lessen the supply more and making it hard for the whales to control the price.

Yes Bitcoin price is dropping and I believe it is for a while. It will soon begin to go higher in price

it does make these people feel worried, but I must be optimistic that the btc will go back up again, and do not break up to wait for the days to come.

In this crypto world we must bear in mind that it is really normal for the price to go down. But we must just have the trust and patience to hold still for the price will not be permanently down, it will also goes back up.

Its normal because this is part of the cycle and the other thing why bitcoin drops because of the negatives news that create FUD and it cause of panic selling but we need to trust the process we need to hold because for sure bitcoin will bounce back and it become profitable again beside we are in the second quarter of the year, I hope bitcoin will repeat history or surpass our expectations.

The dropping price is normal. But don't sell your bitcoin if you see the price drop because it will crush deep if you follow the panic seller.
You must hold and buy more bitcoin and you will get your profit dream maybe after fee months or few years.

Don’t ever panic instead look for some money so you can buy more bitcoin when the price drops so hard. This market is our future and I think this is just a short term correction and the whales will buy back at the bottom so be ready for this thing and ride with them.

Everything can drop, even dollar, but we don't know when it happened, so be patient to that thanks and have a nice mood for trade

But the real question is, why would Bitcoin price raise currently or anywhere in the future?

People are saying that "bitcoin price IS falling" like it's some random or magical thing that happens without any reasons. I mean it's not like it is falling just like that. People are selling it for less and less. People consider it to be less and less valuable at this stage. Because if one takes a look at the coin, there is no actual utility currently. The fees are expensive, the transactions are on the slower side. Honestly, there are many better projects and currencies than Bitcoin currently, so maybe people simply notice that it's not the ideal coin? Or maybe they notice that it has become purely speculative asset without any actual value. There are still not enough places where you could spend the coins. The regulations are non existent or very confusing so no one really knows if its legal or okay to own it and how to tax it in most countries. People are afraid of spending Bitcoin because "it may increase in value one day". So you've bought a CURRENCY that you don't want to use for PAYING, because it "may be worth more in few years..."? I don't see anyone screaming "HODL US DOLLAR BECAUSE IT WILL BE WORTH MORE!!!" Why would BTC be worth more if no one wants to actually use it? People think it's some magical asset, which price is raising for some magical reason that no one really want to understand or research.

"It is raising so I will buy it and be rich in the future. I don't even care what blockchain is and I've read an article that it will be worth $100,000 in two years. Let's HODL!!!!" - what thousands of investors thought blindly...

Exactly the same thought. There was just too much hype the last summer, so many people just wanted to get 'rich' and didn't even know what bitcoin is or what blockchains are about. The correction was quite necessary. In the long term, the blockchain technology is still interesting and useful.

but bitcoin price now drop sharply and abnormal movement.in a day it down more than ten percents. and it off course make much people being panic and sell their asset.

Yes, we need to focus on the real value of the ecosystem rather than the values on the moon. Many people are still spreading bad news about Bitcoin and this only makes it worth less and less. Instead of complaining, you should be an intelligent and wise investor

in some part you are right, you must to invest in future, but looking for real time it is not bitcoin, but you have choice always

it is so hard now to wait for bitcoin price that it will go up again,but i always trust bitcoin for good,and i know that this coming week the price of bitcoin will be good.

if the bitcoin price drops it seems very normal because I see bitcoin has a price that is too high so it will be many people who try to knock down the price of bitcoin.

On these days, bitcoin and crypto currency fell again in prices, so we did not wait for growth, it's very bad. I wonder how much it will fall?