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Topic: bitcoin price from 20$ down to 13$. What do you think about this decline? - page 2. (Read 868 times)

full member
Activity: 196
Merit: 100
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.
member
Activity: 112
Merit: 10
SVR- bringing gold and diamonds to the Blockchain
I think everything has been already said about that. It is correction that has been expected and I.don't think there is something to worry about.
Bitcoin price changes very quickly in both ways, up or down and current price is in accordance with the situation on the market. Many investors have sold their coins in the past period so I suppose we are waiting again for balance to be established and the price will rise again, you can't be sure of that.
You are right bitbunny
hero member
Activity: 2366
Merit: 793
Bitcoin = Financial freedom
This should be treated calmly, realizing that the market has the properties of volatility. Especially the last 4 years in January we observed the drawdown of the crypto currencies, so dont need a panic, this is a good time to buy coins.

Yes it is a temporary situation for bitcoin it is not an end so you can take this chance to make an investment in bitcoin is the best thing to earn more profits in your future life .
full member
Activity: 588
Merit: 100
The decline of price is part of the risk if trading in any investment instrument they experiencing the same and if you buy at the time the price is lower than 10,000 usd level it is safe to stay hold and if you want to cut further loss you must always watch the news concerning crypto trading
It is not only bitcoin whose market value is falling since past few days, but all the coins which are there in the world of crypto currency are facing the similar kind of situation as the market price of almost all the famous crypto coins is falling down very much significantly. At such kind of situation, you really need to control your nerves so that you may not end up acing any kind of wrong decision of selling any of your coin.
if the price of Bitcoin drops to 20 or 30 dollars, as the topic is introduced in the title, it will cause many suicides among users of crypto currency. many people have invested all their funds in Bitcoin at a price of $ 3,000, $ 6,000 and even $ 15,000. Therefore, such a fall will be catastrophic for everyone.
legendary
Activity: 3752
Merit: 1170
www.Crypto.Games: Multiple coins, multiple games
The decline of price is part of the risk if trading in any investment instrument they experiencing the same and if you buy at the time the price is lower than 10,000 usd level it is safe to stay hold and if you want to cut further loss you must always watch the news concerning crypto trading
It is not only bitcoin whose market value is falling since past few days, but all the coins which are there in the world of crypto currency are facing the similar kind of situation as the market price of almost all the famous crypto coins is falling down very much significantly. At such kind of situation, you really need to control your nerves so that you may not end up acing any kind of wrong decision of selling any of your coin.
newbie
Activity: 37
Merit: 0
This should be treated calmly, realizing that the market has the properties of volatility. Especially the last 4 years in January we observed the drawdown of the crypto currencies, so dont need a panic, this is a good time to buy coins.
member
Activity: 252
Merit: 12
Dropping price of bitcoin never matter to some who dont know what bitcoin is, but to those people who used bitcoin a lot in daily time basis it is very much important to watch the bitcoin movement.  The drop-down of bitcoin price from $20 down to $13, is really something to worry about. Especially for those who convert their money from much more higher price hoping to earn a when the bitcoin price goes up. But let us look at the bright side,  when bitcoin price is low this also the right time to convert your money into btc. For those people who knew how to play the movement of btc just like in stockmarket they knew very well that soon enough thw price of bitcoin will going to rise again. I mean it is just a matter of common sense plus a little game of chance!!! You'll never know when it will goes up or down, just watch carefully and study the movement. Just like the movement that we all see in our local currency versus foreign currency. 
newbie
Activity: 28
Merit: 0
There's nothing to worry if bitcoin's price may drop now coz it will just recover after a week/s and it's a right decision to invest your money in bitcoin. But of course, you don't have to put all your money in one investment only.
sr. member
Activity: 1162
Merit: 260
There are lots of rumours and negative news about the bitcoin( and cryptocurrencies ) around the world in the main stream media. And the total crypto-market is very much rumour sensitive you can see the negative effect immediately each time when there is a rumours around.Now in the recent past lots of new comers have invested in the market and when the BTC price was dropping naturally rumours created panic among them and to minimize the loss lot of them ended up selling their btc. I think this is the main reason of this price fall.
hero member
Activity: 826
Merit: 518
It is happened becasue in December of 2017 people were celebrating Christmas and happy new year, that's why people convert bitcoin into their currency and i think so it was a reason for bitcoin price down. Otherwise now bitcoin has turn to going to up and in March i hope so bitcoin definitely come up and it will give us good price. 
That was the reason for the fall of bitcoin price in December but now it is happened due to the rumors of banning all over the countries but it is really fake no countries banned crypto currency(China and Korea) they are just regulating it by the appropriate tax implementations.But now the price os going up and bitcoin is still the most expensive crypto.
The price bump and dump always happens with all the crypto currencies so we can't say that coin is going to dead.You can see that the price is now jumped from $9000 to $12000 in some hours.So we have to be patient while the price is dumping.
hero member
Activity: 2856
Merit: 618
Leading Crypto Sports Betting & Casino Platform
It is happened becasue in December of 2017 people were celebrating Christmas and happy new year, that's why people convert bitcoin into their currency and i think so it was a reason for bitcoin price down. Otherwise now bitcoin has turn to going to up and in March i hope so bitcoin definitely come up and it will give us good price. 
member
Activity: 406
Merit: 11
After peaking in December, the bitcoins continued to fall from 20$ 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?

Supply and demand can be change the price in market but in this case i think bitcoin fall caused rumors and negative news in the several country.
Some country rejected cryptocurrency as a payment gateway like transaction and investment. All cryptocurrency going down, its give a big punch for investor and trader in market crypto.
Maybe its just temporary but no signal to bounce again in the several day. be patient and dont be panic. just monitor the news and market.
sr. member
Activity: 585
Merit: 251
its nothing just whales and mining farms are playing with btc trading and it happen every year then btc touch a new height.new trader become victims these play and then loose money.always hold in these condition and always buy more bcz  all coin will reach to its initial state giving  a certain profit in short time.
legendary
Activity: 1148
Merit: 1001
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?

I think it's just a physiological decline.
do not be afraid of these dumps (there have been in its history).
I am convinced that soon will reverse the route to mark a new record "all high time"
full member
Activity: 145
Merit: 104
This is a temporary Down. It will come back soon on tis own Position. So don't be penic, be patient and just watch.
legendary
Activity: 3052
Merit: 1273
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?

You're wise enough to say that Bitcoins' value used was $20 recently, huh. /s
Remember what happened when China backed off? Dump from 5000 to 3000 in a few days.
Afterwards, it gained back to 4500 in a day only, stabilized near 4200 once again.
Value started gaining gradually since then and went to $20k that was probably decided to be the ATH of 2017.
After that, there came South Korea who decided to -
1st - Regulate Cryptocurrencies.
2nd - Bang, game's over. BAN.

They played it very hard over newer investors who just started to jump over the train, but as usual, it all seems to me as the same thing going to happen once again this time. If it follows the previous year's pattern and kicks it off on the face of Korea, then just think where will BTC go this year alone. My target is placed above $50k.
sr. member
Activity: 2604
Merit: 338
Vave.com - Crypto Casino
After the pump from 5k$ to 20k$ happened too fast, and because of that you can expect a major correction thanks to investors selling to cash out their profit. The correction is basically over now and I hope Bitcoin will do another bull run soon.
The one thing which we all need to know about bitcoin and all other crypto coins which are there in the world of crypto currency is that all of them are highly volatile in nature which actually means that their market value is highly unpredictable.

We cannot predict the market value of any of the coin. The market value of bitcoin is little now but this will not last longer and soon it has already started raising as speculated by many veteran members of this forum. We can be sure that bitcoin price will reach 0.1 million dollars very soon.
You are definitely true regarding on this matter which cryptocurrencies is way too unpredictable which means we cant really tell on where do those prices go overtime. It can crash in a matter of minutes and suddenly pumped out on an hours.These kind of scenarios are common that's why as a trader or investor we should really know how to ride on the waves for us to make profits on those such movements. Decline or prices is common and we should really get used to it.
jr. member
Activity: 178
Merit: 3
After the pump from 5k$ to 20k$ happened too fast, and because of that you can expect a major correction thanks to investors selling to cash out their profit. The correction is basically over now and I hope Bitcoin will do another bull run soon.
The one thing which we all need to know about bitcoin and all other crypto coins which are there in the world of crypto currency is that all of them are highly volatile in nature which actually means that their market value is highly unpredictable.

We cannot predict the market value of any of the coin. The market value of bitcoin is little now but this will not last longer and soon it has already started raising as speculated by many veteran members of this forum. We can be sure that bitcoin price will reach 0.1 million dollars very soon.
Yes. I think so. Bitcoin is temporarily down, the evidence has made today higher prices. Bitcoin can reach high value in the future!
member
Activity: 560
Merit: 15
$100k per 1 BTC in Year 2020
I think this already happened 100x so nothing to worry about, just chill and get some pizza Smiley
legendary
Activity: 1176
Merit: 1024
After the pump from 5k$ to 20k$ happened too fast, and because of that you can expect a major correction thanks to investors selling to cash out their profit. The correction is basically over now and I hope Bitcoin will do another bull run soon.
The one thing which we all need to know about bitcoin and all other crypto coins which are there in the world of crypto currency is that all of them are highly volatile in nature which actually means that their market value is highly unpredictable.

We cannot predict the market value of any of the coin. The market value of bitcoin is little now but this will not last longer and soon it has already started raising as speculated by many veteran members of this forum. We can be sure that bitcoin price will reach 0.1 million dollars very soon.
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