I think this the simple trend of this virtual monetary platform, though it's not a centralized currency so that the price always moving as like we have been experiencing in recent time. Basically, Bitcoin is a decentralized currency system so that the holders of Bitcoin are the main keys to this platform.
When the selling ratio has become greater than the buying segment then the price goes down and this is the chance to get more Bitcoin if anyone wants. I think this is also a market mechanism for controlling Bitcoin platform. so don't be worried and keep watching the revolution of Bitcoin.
Topic: bitcoin price from 20$ down to 13$. What do you think about this decline? - page 4. (Read 852 times)
January 16, 2018, 08:17:32 PM
January 16, 2018, 12:41:26 PM
There is nothing to think about that.
Usual volatility that happens all time in some biger or smaller ratio. I think only new bitcoin users without enough time spent in bitcoin world are surprised and worried about this. The price is determined by market so there is nothing you can do about that anyway.
Usual volatility that happens all time in some biger or smaller ratio. I think only new bitcoin users without enough time spent in bitcoin world are surprised and worried about this. The price is determined by market so there is nothing you can do about that anyway.
January 16, 2018, 10:35:48 AM
I believe that after lighting network update; bitcoin price will be like a rocket launch. Before LN; maybe we can see a price of 20k$ but who knows the future? They should do something to start that LN as soon as possible, for my opinion.
January 16, 2018, 09:33:03 AM
you mean from 20k to 13k right? hahah
It will reach 100k soon just wait for it to skyrocket..
It will reach 100k soon just wait for it to skyrocket..
January 16, 2018, 09:26:44 AM
This kind of currency is not a worrisome for me. I am used to it in its volatile value. You should not worry in its fall down value instead you should be glad for having a chance to buy bitcoin in a low price.
January 16, 2018, 05:03:33 AM
True that bitcoin price go low but still the price is really compare last year 2017 because it's only low i think if you see what fork happen this august the price of btc really get so low like you can't imagine or you don't want to know that,i think the price can really go low fast and also it can get high also fast that's the cycle of the value of it because it's so volatile.
January 16, 2018, 02:56:16 AM
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.
January 16, 2018, 02:44:05 AM
This is definitely a temporary decline, in 5 years time when bitcoin is mainstream the price could be 100,000 USD.
January 16, 2018, 02:19:37 AM
The main reason for the recent decline in the digital money market is that I think the south Korean government and China have been responsible for the removal of miners. I believe that after a period of time, the market will gradually recover. Many people are slowly looking for new minerals, so there is no need to worry about the fall.
January 16, 2018, 02:11:44 AM
I notice now that altcoins are being popular and i think it has a big contribution of the bitcoin's price. Bitcoin holders switching to altcoins can make the price lower and leads to stability like what happened on this past weeks. I beleive and hope that it can regain its value next week.
January 15, 2018, 05:47:20 AM
Whatever it is, essentially various activities done by many people is the causes.
Indeed, many are moving to focused more on altcoins, in making investments and trading, but of course I think still.. from time to time everyone's thoughts will certainly remain different and have a different activities / different efforts, which I'm sure there are still many people who are close to bitcoin because today bitcoin is increasingly being accepted in different countries and is more popular among many people than altcoins till can buying something or many others things that using bitcoin for payments.
I'm sure it will going back to a higher direction again for sure of course, I think there are still many people will buying at this moment for investing due this time it's the right time to buy.
Indeed, many are moving to focused more on altcoins, in making investments and trading, but of course I think still.. from time to time everyone's thoughts will certainly remain different and have a different activities / different efforts, which I'm sure there are still many people who are close to bitcoin because today bitcoin is increasingly being accepted in different countries and is more popular among many people than altcoins till can buying something or many others things that using bitcoin for payments.
I'm sure it will going back to a higher direction again for sure of course, I think there are still many people will buying at this moment for investing due this time it's the right time to buy.
January 15, 2018, 03:24:24 AM
Bitcoin achieves $ 20000 because the market is very excited at the moment, and investors who know bitcoin are investing in it but that value is too great and the market can not accept that value. has returned to $ 13000 and stabilized at that value for a very long time. I am trying to buy more bitcoin at this price because I think bitcoin is the bottom price in this area, its support level is very high.
January 15, 2018, 12:24:08 AM
January 15, 2018, 12:14:13 AM
It's a correction from how I see it. The price rose so fast last year between the last week of november until december the price of bitcoin almost doubled and the dips wasn't big at that time. Imo Bitcoin will still increase in 2018 but it won't gain much against other coins. It's better to experience the small crash of bitcoin now than having a bigger one in the future.
It was a correction when Segwit was introduced. But then it should have positively grown back to $17K. It is not. Korean government started banning exchanges and traders if i am not wrong. This caused drastic fall in bitcoin. I assume, bitcoin value should be retrived back to minimum of $15K in a week time once the banning is over and people start using local exchanges.
January 14, 2018, 11:31:43 PM
This is just temporary, dont worry, it will recovery soon
January 14, 2018, 10:56:15 PM
It's a correction from how I see it. The price rose so fast last year between the last week of november until december the price of bitcoin almost doubled and the dips wasn't big at that time. Imo Bitcoin will still increase in 2018 but it won't gain much against other coins. It's better to experience the small crash of bitcoin now than having a bigger one in the future.
January 14, 2018, 05:13:29 PM
ditchin btc and switchin to eth or ltc. Fees are ridiculously high and the last time I've used btc was a few months ago, it's much more profitable and cheaper to go over ETH. Greed is going to hold btc back.
January 14, 2018, 03:12:12 PM
The fees are ridiculously high. It's no wonder many people are spreading FUD if the only thing mainstream media is relaying to the masses are the high fees and highly volatile values.
I wonder if Lightning will arrive in time to change the otherwise trending terrible perception of BTC...
I wonder if Lightning will arrive in time to change the otherwise trending terrible perception of BTC...
January 14, 2018, 02:20:21 PM
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 on what you have said here which we cant really say such thing that bitcoin would really already loss its shine as of this year or upcoming years because we do saw its flaw already regarding on fees and confirmation times. We cant really deny the fact that investors or companies will definitely see this thing which would lead up on hesitation to accept it again and would rather choose up another coin which would be beneficial for them.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.
January 14, 2018, 01:48:07 PM
The recent news of South Korea banning the crypto currency has what made the price go down but like always, this is just another temporary decline which keeps happening every now and then, it should be up again in few days.
Thats all complete FUD anyway, there is no ban. Certainly does not help bitcoin and the entire crypto ecosystem.
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