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Topic: bitcoin price from 20$ down to 13$. What do you think about this decline? - page 3. (Read 868 times)

legendary
Activity: 2100
Merit: 1058
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.
Damn, when I saw the headline, thought the op was saying that Bitcoin was down to $13 lmao 😂 by the way, this might be a good time to invest , cause from the way I’m seeing it, it’s likely that Bitcoin will run up to a higher amount, though I’m not quite sure about that. But I’ll keep on monitoring the price to see what happens next.
hero member
Activity: 910
Merit: 509
This is just temporary, dont worry, it will recovery soon
Exactly! the market value of bitcoin kept on decreasing the past as well but this done not mean that this is the end of bitcoin or investing in bitcoin is not that much worthy right now. This is just a temporary phase and this will be over very soon.

There is nothing to be worried about. Instead, hold your bitcoins and try to buy more number of bitcoins by investing more money into crypto world.
member
Activity: 140
Merit: 20
The price of the bitcoin last december is 20k dollars already but it will decrease fast because many people sell their bitcoin because they want to earn big profit.  And it will down to 13k dollars but as of noa the price is 10,800 dollars  and for sure it will increase again and for sure after hours it will bavka agin at 13k dollars like weeks ago.  I hope I will see again 20k dollars next month.
It was normally happen because not all crypto currencies are raising up equally, moreover bitcoin are largely dropping down due to exaggerated news that some countries banned bitcoin. However until now there are no clearly evidence or proof that this information is true, I think I believe on that if theres a blog or article shows regarding on that.
sr. member
Activity: 1624
Merit: 267
The price of the bitcoin last december is 20k dollars already but it will decrease fast because many people sell their bitcoin because they want to earn big profit.  And it will down to 13k dollars but as of noa the price is 10,800 dollars  and for sure it will increase again and for sure after hours it will bavka agin at 13k dollars like weeks ago.  I hope I will see again 20k dollars next month.
hero member
Activity: 2996
Merit: 609
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

Yup. Traders usually strengthen themselves when such kind of crises come through. This dump and pump is normal for each traders. But if you are a beginner, its bit hard to accept and this is the reason so many leave trading or sell / exchange what they earned. This is the reason behind this decline. South Korea's ban on traders became a hot spoke topic amongst crypto community. It needs changes in short while. This would surely happen in a month time.
About the news related to Korea its not actually true which its just really a FUD which have been give effects into the market not totally the main reason but its one of the factor of such dip of prices. These kind of situation are really common among traders which do have already an experience.Instead of panicking on sudden decline some would see this as an opportunity to baghold bitcoin and other altcoins in the market.
hero member
Activity: 882
Merit: 517
cloverdex.io
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

Yup. Traders usually strengthen themselves when such kind of crises come through. This dump and pump is normal for each traders. But if you are a beginner, its bit hard to accept and this is the reason so many leave trading or sell / exchange what they earned. This is the reason behind this decline. South Korea's ban on traders became a hot spoke topic amongst crypto community. It needs changes in short while. This would surely happen in a month time.
member
Activity: 104
Merit: 10
Bitcoin|||Altscoin
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
hero member
Activity: 1498
Merit: 596
It still may go as low as $8k. Don't worry though. We need these major corrections so people will have another chance to get in.

The rise from $5k to 20k happened so fast. It may go down just as fast and then even more to make you even more mad and make you panic dump. After Gox it went from $1200 to $150. People said; "Bitcoin is dead. There is no chance to recover from here."

Look where we are now.

I agree with you my friend. Bitcoin price rose too fast from $5k to $20k.
At that time I wrote somewhere that "TOO FAST TOO FURIOUS" and now we can see the furious thing. I always said that steady growth is much better.

I hope bitcoin price recovers again soon enough.

And one of the thing I'm mostly amazed about is, when bitcoin falls, alts rises, but this time it is not happening.
hero member
Activity: 714
Merit: 516
#SWGT PRE-SALE IS LIVE
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?

bitcoin price not 20 dollar but this now bitcoin price still above 10k dollar
in 2018 i think bitcoin price can incraese over 20k dollar maybe 25k dollar, but need wait long time, maybe in end year
hero member
Activity: 2912
Merit: 556
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
If you are really reading informations and always updated about the news regarding to crypto industry then there is nothing to worry about, it seems not normal because of the great fall but as what wisemen says, only fool rush in to sell their Bitcoin not knowing that this days is the advantage to invest all in and wait for the big bang again.  Dump and Pump.

yes, I agree with this but many people especially new people in bitcoin don't know this and they attract another fall and like we see now, the price is down too far from many people expecting but I am sure that bitcoin will survive and will increase back after this big fall. but I see that many people get trapped into the high price so they cannot buy the bitcoin while the price is down because this moment won't be the same in the future.
member
Activity: 136
Merit: 10
It is true that now bitcoin price is low. i think bitcoin price will be high in the year 2018. the decline in the value of bitcoin now is very bad. i think it will overcome very soon. I don't think there is something to worry about. but we need to patience.

newbie
Activity: 37
Merit: 0
Corrections happen. Such is the nature of markets.
legendary
Activity: 1582
Merit: 1001
www.neutroncoin.com
This is not be easy for most of the people. but, in a long run for BTC there is nothing to be worry about. Unless you need the the money right away otherwise just wait it out.
legendary
Activity: 1414
Merit: 1039
This is definitely a temporary decline, in 5 years time when bitcoin is mainstream the price could be 100,000 USD.

I think it's possible to see this as a temporary decline as something similar happened last time with the China FUD.

Right after the entire thing slowed down, the market rose up like crazy and went pretty much exponential. The only issue I see here though is that it's possible that an altcoin takes over from here -- the markets have been doing well in the past and it seems like people are putting their money into alts instead of bitcoin itself. The issue arises with these altcoins which can potentially ruin the success of BTC.
sr. member
Activity: 1400
Merit: 269
Well big companies are pulling out not because of it's falling price but because of it's ridiculous high fees this maybe one the primary reason why google and steam change they're mind into accepting bitcoin as a payment and this may also be a hindrance for the future of bitcoin. Unless the devs finally put an solution and implement the lightning network. Surely bitcoin will surpass this challenge again and prove why it's the number currency.
full member
Activity: 294
Merit: 101
Droping of bitcoin value is not a big deal, last year this big drop is also happen but you can see that its value is increase again in a gery high value. This drop of value is cause of some factors like banning of it in some countries, and because of this drop some investors are doing panic selling thats why its price is continuing to decrease.
Just hold and stay calm, trust btc and have faith. It will increase again.
jr. member
Activity: 52
Merit: 2
This has been historical, 2015, 2016 and 2017 Jan's bitcoin performance were all dipping. But putting into a yearly perspective, you won't notice the dip. I would say bitcoin will come back and altcoin will continue to suffer until Feb.
newbie
Activity: 28
Merit: 0
This is definitely a temporary decline, in 5 years time when bitcoin is mainstream the price could be 100,000 USD.

That's quite speculative—I hope people don't take investment advice like this seriously.
full member
Activity: 420
Merit: 171
If you are really reading informations and always updated about the news regarding to crypto industry then there is nothing to worry about, it seems not normal because of the great fall but as what wisemen says, only fool rush in to sell their Bitcoin not knowing that this days is the advantage to invest all in and wait for the big bang again.  Dump and Pump.
sr. member
Activity: 406
Merit: 251
the decline in the value of bitcoin prices today is very bad, but I guess you do not have to worry about it, there are several reasons that make bitcoin like this may be because some countries are enacting regulations on this currency, and some prohibits crypto currency in their country, and many people are selling their bitcoin out of panic on the rules that will happen later, meanwhile I think bitcoin will get through this problem the same as last year's case, the ban in China, but in fact bitcoin can recover quickly,
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