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Topic: bitcoin price from 20$ down to 13$. What do you think about this decline? - page 5. (Read 852 times)

newbie
Activity: 56
Merit: 0
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.
legendary
Activity: 2912
Merit: 1068
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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.
legendary
Activity: 3276
Merit: 2442
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.
legendary
Activity: 1008
Merit: 1010
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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?

They turn away from bitcoins not because of their price, but because of high fees. At least this was main reason why google and steam changed their minds about bitcoins and stopped accepting them. I don't think that other companies cares about bitcoins price, why would they?
full member
Activity: 686
Merit: 100
Bitcoin is the first cryptocurrency and the most popular, the price is going down, but i think that is it a temporary situation.
But a lot of new alt coins have taked a good place in this space, so is possible that one of them can replace the bitcoln, like Ethereum Smiley
newbie
Activity: 124
Merit: 0
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?
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