Yes bitcoin drops much, but no need to worry I still optimized it will increase again before end of year.
Now transactions fees bitcoin is high, it will effect also to bitcoin price in the market.
Topic: Bitcoin price drops below $15k..... - page 2. (Read 256 times)
The only reason it got so extremely high is because it had extreme momentum. If it gains momentum on the way down again I fear it might go very low. The scariest part is that it's down more than 25% and to me it feels like it only just gained traction.
A whale I know, who's been holding for years and had a few thousand coins, sold everything this week. If someone like that dumps it all, what will average joe do?
A whale I know, who's been holding for years and had a few thousand coins, sold everything this week. If someone like that dumps it all, what will average joe do?
Wow it's $15,000? Last time I looked at the chart in januaryit was $1000. wtf happened? Why is it so high?
Yes, and that is because of the congested bitcoin network and high transaction fees. People who are using cryptos to snd money from one point to another, are now preferring different cryptos like ETH or Ripple. Due to this reason, ripple price has increased to a whole new level. These currencies are technically superior than bitcoin and started showing value to the transactors. But I hope the situation will change very soon because bitcoin price is at optimum low level and a lot of people are tempted to buy more now, including me. So bitcoin will certainly bounce back.
The price of bitcoin is down more than 25 percent from an all-time high of nearly $20,000 reached this past weekend...
Prices fell to as low as $14,502 to start today's trading session, according to CoinDesk's Bitcoin Price Index (BPI), about 27 percent from the all-time high of $19,783 reported on Dec. 17....
Prices fell to as low as $14,502 to start today's trading session, according to CoinDesk's Bitcoin Price Index (BPI), about 27 percent from the all-time high of $19,783 reported on Dec. 17....
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