the law of the market in my opinion that is common,
indeed if we see from the beginning of 2018 bitcoin prices dropped dramatically from 20,000 $ to 7000 $. and many factors, issues that affect the price of Bitcoin are now hard to climb
Topic: bitcoin price from 20$ down to 13$. What do you think about this decline? (Read 852 times)
April 07, 2018, 11:51:44 AM
February 04, 2018, 05:47:54 PM
Well this decline was somehow predictable because it has risen really quick and btc needed a correction. Besides this there were too many FUD going on and I guess that this decline will rise.
February 04, 2018, 01:57:47 PM
The bitcoin price form 20K down to 13K is little bit worried but the rate ups and downs are normal but the huge gap will impact in bitcoin performance and the confidence level of the product. But I am very much confident that nothing is out of control instead of more greedy we should book the profit then we can sustain.
Last year in november when bitcoin touched the $10k mark, people went crazy about the existence of the bitcoin and now when it is around $8k, people are saying that it has declined. Yes, bitcoin has declined but still it is the top most crypto currency of the time. In First and third quarters the banking systems introduce a lot of stocks so that’s understandable why people are taking out their money from the crypto currency. 
February 04, 2018, 12:42:57 PM
The bitcoin price form 20K down to 13K is little bit worried but the rate ups and downs are normal but the huge gap will impact in bitcoin performance and the confidence level of the product. But I am very much confident that nothing is out of control instead of more greedy we should book the profit then we can sustain.
February 04, 2018, 07:24:21 AM
So what’s happening to BTC price now?
February 04, 2018, 07:17:45 AM
This is definitely a temporary decline, in 5 years time when bitcoin is mainstream the price could be 100,000 USD.
Hopefully the decline in bitcoin prices is only temporary due to a very drastic decline makes me a little disappointed .. because I always hold on when the price decreases steadily because I think it will rise again .. but whatever the reason and whatever happens I will still hold it waiting for the price to rise again and i optomis.Yeah, it is temporary becasue of many reasons, now in December of 2017, bitcoin price was down becasue people want to celebrate the events and now in this time bitcoin price is down becasue India has announced some troubling with bitcoin that's why still bitcoin price is down but coming soon, you will see bitcoin time will be changed and once again we will see bitcoin price in a highest pump.
February 04, 2018, 12:22:35 AM
Bыcoкaя вoлaтильнocть и в нeкoтopыx cтpaнax "гoнeния" биткa мoгyт вpeмeннo пoвлиять нa cпpoc, a этo в cвoю oчepeдь нa цeнy. Moжeт этo caмoe вpeмя дoбиpaтьcя?
February 03, 2018, 08:05:12 AM
This is definitely a temporary decline, in 5 years time when bitcoin is mainstream the price could be 100,000 USD.
Hopefully the decline in bitcoin prices is only temporary due to a very drastic decline makes me a little disappointed .. because I always hold on when the price decreases steadily because I think it will rise again .. but whatever the reason and whatever happens I will still hold it waiting for the price to rise again and i optomis. 
February 03, 2018, 04:28:13 AM
Temporarily Market Correction. Bitcoin shot up in December fairly quickly (actually for most of 2017). A lot of FUD lately, but it will bounce back!!!
yes, it is just temporary conditions and we are going to increase again but I realize that the price is down too far than everybody expecting and many people become stressed out to see the price. I cannot imagine what I will do if somehow I buy bitcoin at the high price and suddenly the price is down like now but I am sure that the price will bounce back and it is only a matter of time to see the price reach the high price again in this year, so it's better to prepare for this.
February 02, 2018, 11:46:30 PM
Temporarily Market Correction. Bitcoin shot up in December fairly quickly (actually for most of 2017). A lot of FUD lately, but it will bounce back!!!
February 02, 2018, 09:02:19 PM
One of the significant reasons is the decrease in the overall market cap as so many people have withdrawn their money to spend for events such as Christmas, New year .... and they have consumed their investment and need time to invest again
February 02, 2018, 06:33:13 PM
Well Bitcoin is similar to currency base coins. Sometimes the market value of a coin could be drop and sometimes it could get a high value. It depends on the economy of the country. So in bitcoin I think the reason for dropping its value is due to some companies who are selling or making profits out of bitcoins. As for now, the bitcoin value is low it could be the best time to invest bitcoin. Nonetheless bitcoin could be base to the economy law of demand and supply. Meaning to say later on there will be a high demand for bitcoin and the value of bitcoin will be high. So I guess this is the good time of investing bitcoin to the market and sell thema later on when the demand is high.
February 02, 2018, 04:36:28 PM
Today 1BTC~8500$ its a big dump for this year. What happen to the BTC? Other says that this is part of crypto every 1st quarter of the year to crypto currency rate is decreasing. For me, its normal and its a key to buy more BTC so that if the rate will back to 12k$ or more you will have more profit.
February 02, 2018, 12:37:23 PM
Now the bitcoin rate is even lower - about 9000 dollars. While bitcoin does not properly perform its primary function as a means of payment. His transactions are still hanging up, and commission fees are prohibitive. Because of this, bitcoin continues to lose popularity and demand for it is falling. However, this can not last long. Soon its shortcomings should be eliminated by a network of lightning and it will begin to grow in price.
January 20, 2018, 10:49:23 PM
After peaking in December, the bitcoins continued to fall from 20$ to 13$ today.
Part of the reason for that slump is that investors are selling for profit, but not a small fraction of the bad news is continuous bitcoin. The big companies a few months ago also accepted as a currency to pay now turn away from bitcoin. This has a significant effect on bitcoin prices. Recently, a variety of bitcoin polymerization has originated. In addition to ETH also have cheap coins such as CMT, ALT and Arcblock are coming out. Bitcoin has been fiercely competitive in terms of deals and elegance. With a long history, Bitcoin is still trusted by many investors and chosen as a business currency. However, many investors have started to doubt because of the new coin with more attractive features and potential than bitcoin.
What do you think about bitcoin prices in 2018?
Part of the reason for that slump is that investors are selling for profit, but not a small fraction of the bad news is continuous bitcoin. The big companies a few months ago also accepted as a currency to pay now turn away from bitcoin. This has a significant effect on bitcoin prices. Recently, a variety of bitcoin polymerization has originated. In addition to ETH also have cheap coins such as CMT, ALT and Arcblock are coming out. Bitcoin has been fiercely competitive in terms of deals and elegance. With a long history, Bitcoin is still trusted by many investors and chosen as a business currency. However, many investors have started to doubt because of the new coin with more attractive features and potential than bitcoin.
What do you think about bitcoin prices in 2018?
In my own thinking that this all happen now of dumping the price value of bitcoin from 20$ to 13 $ due to big impact of banning bitcoin in south korea,and mostly we have big impact of panic selling of all koreans investor to selling all there bitcoin and altcoins asset,to escaping the dumping of value price.its natural for the price value of bitcoin to dump and pump because this its means a stability of price value in exchange market,but this happen now of dumping the value into 13$ is a big effect to the digital currency world ,but i still believe that it will recover soon and all this current situation will finding a remedy and all will back to normal.
January 20, 2018, 11:08:45 AM
It is a natural thing in the bitcoin market to go up or down, it's really good for those who want to invest in bitcoins because bitcoins are low and in the future bitcoins will be high value and things This is good to make more money in your future life.
January 20, 2018, 04:17:43 AM
This is definitely a temporary decline, in 5 years time when bitcoin is mainstream the price could be 100,000 USD.
The decline may be temporary and may recover to some extent. But if countries start banning the cypto currencies it also means that millions people from that country who use to trade are now away from this market. So demand will fall drastically. So we will have more supply than demand which means the price may not rise at a quick pace unless some major countries make it legal in their country and citizens of those countries come in the market to trade or invest.
January 20, 2018, 02:45:56 AM
January 20, 2018, 02:37:37 AM
After peaking in December, the bitcoins continued to fall from 20$ to 13$ today.
Part of the reason for that slump is that investors are selling for profit, but not a small fraction of the bad news is continuous bitcoin. The big companies a few months ago also accepted as a currency to pay now turn away from bitcoin. This has a significant effect on bitcoin prices. Recently, a variety of bitcoin polymerization has originated. In addition to ETH also have cheap coins such as CMT, ALT and Arcblock are coming out. Bitcoin has been fiercely competitive in terms of deals and elegance. With a long history, Bitcoin is still trusted by many investors and chosen as a business currency. However, many investors have started to doubt because of the new coin with more attractive features and potential than bitcoin.
What do you think about bitcoin prices in 2018?
Exactly! Since past few days, the market value of bitcoin is little disappointing for the ones who are there in the world of bitcoin and are having some bitcoins in their wallets. On the other hand, this is really a very good opportunity for the ones who are planning of buying some bitcoins as the market value is very low and as a result of it, they will be able to buy more bitcoins in less price.Part of the reason for that slump is that investors are selling for profit, but not a small fraction of the bad news is continuous bitcoin. The big companies a few months ago also accepted as a currency to pay now turn away from bitcoin. This has a significant effect on bitcoin prices. Recently, a variety of bitcoin polymerization has originated. In addition to ETH also have cheap coins such as CMT, ALT and Arcblock are coming out. Bitcoin has been fiercely competitive in terms of deals and elegance. With a long history, Bitcoin is still trusted by many investors and chosen as a business currency. However, many investors have started to doubt because of the new coin with more attractive features and potential than bitcoin.
What do you think about bitcoin prices in 2018?
January 20, 2018, 12:13:26 AM
Bitcoin prices usually take a hit around January. Turnaround should be on Feb and Mar.
Another reason might be the rise of the altcoins that are technologically advanced than bitcoin.
Until Lightning Network is implemented along with Segwit, the fees will still be too high and txns take a long time to confirm. This will dampen some scaling of use as other users will opt for faster alternatives.
In my sight first quarter of the year is a huge trial to bitcoiner, we need concrete decision to make our self satisfy on what decision they did. I guess dropping down of cryptos value was part of bitcoin strategies to encourage more and high numbers of whales. I think bitcoin price was raising up in the near future that's why bitcoin community were ready for that because for now they collecting a lot of funds as preparation to their come back. Another reason might be the rise of the altcoins that are technologically advanced than bitcoin.
Until Lightning Network is implemented along with Segwit, the fees will still be too high and txns take a long time to confirm. This will dampen some scaling of use as other users will opt for faster alternatives.
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