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Topic: Bitcoin Price Prediction 2018: Will Bitcoin Crash or Rise? - page 3. (Read 507 times)

full member
Activity: 812
Merit: 101
yes, I agree with you, but you should know, sometimes people utilize bad news for buying more bitcoins, because the impact of bad news is make bitcoin value down.

and when good news supports bitcoin value, then some people prefer not to buy bitcoin, and the holder will harvest big.
newbie
Activity: 89
Merit: 0
I don't see any reason why bitcoin will crash. It will rather rise up, bitcoin have been the leader of all altcoins for so long until now there is no better competitor that can overthrow it.
full member
Activity: 518
Merit: 100
Bitcoin's value depends on how profitable the market (the general population purchasing and offering Bitcoin) supposes it is. Consider a portion of the more physical things you can as of now put resources or invest into, for example, Gold. The cost of Gold relies upon its free market activity. For instance, when another Goldmine is found, the value drops. This is on account of more Gold winds up accessible thus it is no longer as uncommon. So the rarer Bitcoin is, the higher Bitcoin value predictions are. Hence, bitcoin is not an exemption to the law of supply and demand.

The example of Gold is similar to how Bitcoin’s price changes. However, the price of Bitcoin usually changes because of the news that is published about it. Here’s how it works:

1. At the point when there is awful news distributed about Bitcoin, there are significantly a bigger number of individuals offering Bitcoin than purchasing Bitcoin. These individuals offer their Bitcoin at lower costs than the present value so they can offer it quick. This makes the value drop.

2. At the point when there is uplifting news about Bitcoin, there are a larger number of individuals purchasing Bitcoin than there are individuals offering it. These individuals purchase Bitcoin at higher costs than the present qualities with the goal that they can get it rapidly. This makes the value rise.

do you agree with this? what are your insights?

I do not think if news are the main reason why bitcoin price are fallen, if there's an bad or good news about in bitcoin or crypto currency it doesn't mean it causes to affect the value. I believe this coming few months or before the end of the year it will rise again.
legendary
Activity: 3416
Merit: 1225
2017 is Bitcoin's banner year and it happen before the end of the year, and I believe 2018 is salso going to be a banner year for Bitcoin, every year Bitcoin is getting stronger its community and price every year it surpasses the people's expectation.
newbie
Activity: 88
Merit: 0
I think bitcoin is still too early to die. To my knowledge, bitcoin is an altcoin benchmark, so if bitcoin is destroyed then altcoin will also receive its effects.
In addition, this is also not the first time bitcoin decreased in price. This is common, when the price drops people will come to buy in bulk and at the same time the price will go up and when the price goes up, people will sell in bulk to get profit.
and as the number of coins on the market increases, bitcoin prices will fall back.
full member
Activity: 448
Merit: 232
Despite the longest period of the fall of the Bitcoin exchange rate, the long-term prospects for the coin remain unchanged. It is necessary to institutionalize the crypto currency, and many large banks are already working in this direction creating certain conditions for their clients. Some offer tools based on bitcoin, others are developing software for storing crypto currency. I expect that the сrypto currency will stay close to $ 10,000 by the end of this year.
member
Activity: 196
Merit: 10
The Experience Layer of the Decentralized Internet
There is no need to speculate about the price of bitcoin.
The most important thing is that bitcoin doesn't die.
In the long run, bitcoin has been on an upward trend.
legendary
Activity: 3080
Merit: 1500
Bitcoin's value depends on how profitable the market (the general population purchasing and offering Bitcoin) supposes it is. Consider a portion of the more physical things you can as of now put resources or invest into, for example, Gold. The cost of Gold relies upon its free market activity. For instance, when another Goldmine is found, the value drops. This is on account of more Gold winds up accessible thus it is no longer as uncommon. So the rarer Bitcoin is, the higher Bitcoin value predictions are. Hence, bitcoin is not an exemption to the law of supply and demand.

The example of Gold is similar to how Bitcoin’s price changes. However, the price of Bitcoin usually changes because of the news that is published about it. Here’s how it works:

1. At the point when there is awful news distributed about Bitcoin, there are significantly a bigger number of individuals offering Bitcoin than purchasing Bitcoin. These individuals offer their Bitcoin at lower costs than the present value so they can offer it quick. This makes the value drop.

2. At the point when there is uplifting news about Bitcoin, there are a larger number of individuals purchasing Bitcoin than there are individuals offering it. These individuals purchase Bitcoin at higher costs than the present qualities with the goal that they can get it rapidly. This makes the value rise.

do you agree with this? what are your insights?

I don't think the news are the reason for bitcoin's price decrease. It depends mainly on the global sentiment around the bitcoin. However, the news can only spread that sentiment across the globe acting as catalyst. Bitcoin's price movement is closely tied with the global regulations as well. If a country decides to ban bitcoin, you will see an adverse effect on the price and vice versa. The fact is, bitcoin's price depends on many factors which can't be accounted correctly. Also market manipulation by the whales is another reason for it. 

But every price decrease comes with an opportunity for the long term believers of bitcoin. I personally know few persons who buy bitcoin during each decrease and I am also one of them. I see it as an opportunity to make profits. So the second statement of yours is partially true. Definitely with positive news, market receives more purchase orders but the volume remains high even when the market slumps.

The entire thing is complicated and very diverse. It is impossible for a person to factor in every possibilities on which bitcoin's price is based on. That's what makes bitcoin a speculator's heaven. 
sr. member
Activity: 336
Merit: 250
Maybe I think for the Btc price in 2018 it will not be a high spike for now, because for the Btc price soaring will happen in 2020 where it happens at a time change, but that's just my prediction. Hopefully 2018 will see Btc price changes, and will not wait long until 2020.
legendary
Activity: 1372
Merit: 1032
All I know is that I know nothing.
it is not because of "news" whether bad or good. it is the downtrend which the news is intensifying but is not the cause of it. and it has to run its course before coming to an end.
give it time and wait until the bear market is over and price will start rising back up again.
newbie
Activity: 98
Merit: 0
I also believe that such a sharp jump as in 2017 is not expected. Here, as they say, who had time - he ate!  Grin
It is possible that the price that is now, will be final. But that's my personal opinion. Time will tell.
member
Activity: 350
Merit: 15
2018 unknown to us but I expect that the price does not change until the end of the year is boring we hear a lot of news but nothing happens
member
Activity: 112
Merit: 13
Bitcoin's value depends on how profitable the market (the general population purchasing and offering Bitcoin) supposes it is. Consider a portion of the more physical things you can as of now put resources or invest into, for example, Gold. The cost of Gold relies upon its free market activity. For instance, when another Goldmine is found, the value drops. This is on account of more Gold winds up accessible thus it is no longer as uncommon. So the rarer Bitcoin is, the higher Bitcoin value predictions are. Hence, bitcoin is not an exemption to the law of supply and demand.

The example of Gold is similar to how Bitcoin’s price changes. However, the price of Bitcoin usually changes because of the news that is published about it. Here’s how it works:

1. At the point when there is awful news distributed about Bitcoin, there are significantly a bigger number of individuals offering Bitcoin than purchasing Bitcoin. These individuals offer their Bitcoin at lower costs than the present value so they can offer it quick. This makes the value drop.

2. At the point when there is uplifting news about Bitcoin, there are a larger number of individuals purchasing Bitcoin than there are individuals offering it. These individuals purchase Bitcoin at higher costs than the present qualities with the goal that they can get it rapidly. This makes the value rise.

do you agree with this? what are your insights?
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