Topic: bitcoin prices have decreased sharply (Read 784 times)
early of 2018 is the worst time in bitcoin history, the value of bitcoin is decreasing sharply in early of 2018 and I think it not bad and it's not good because we can see that if its not decreasing, i think it will be worst in the future.
It is true that the price of bitcoin has fallen sharply but compared to what in the past is still not the worst
To put this in perspective bitcoin has fallen by about 3% this week but this is still 8% higher than the same date in 2017 (approx) $5857.32 12 nov 2017 and $6336.01 11 nov 2018, see coindesk. Now to me 8% is a lot more attractive than the 1-3% the banks are paying at the moment and it is 4-5% higher than inflation (U.K.) so the situation is not as bad as the reports say.
The fall in the market value of btc has nothing to do with the government of South Korea .It is normal for every market to have a fall in its market value after a rise it will not take much time for its value to go back to normal.
I agree.What happens today is just normal for a volatile market like bitcoin.We should not worry because once the demands for bitcoin increases again,surely the price will eventually rise up.For now,the best thing to do is just to hold our coins patiently if we really want to make huge gains in the near future.Who knows what will happen to bitcoin in the near future. Judging by the situation on the market, we can expect a boom at the beginning of next year or never again. I plan to keep my bitcoins until March next year and if the situation does not change, then I will have to sell everything, since there is no hope.
whether the cause of this is happening, is it something to do with the decision of the south korea government?
Yeah, I think that makes sense. Korea has always been an influential state regarding bitcoin and the digital currency in General, and therefore their events purposefully affect the value of bitcoin. The situation may improve in the near future, but you really do not need to sell your bitcoins now
The fall in the market value of btc has nothing to do with the government of South Korea .It is normal for every market to have a fall in its market value after a rise it will not take much time for its value to go back to normal.
I agree.What happens today is just normal for a volatile market like bitcoin.We should not worry because once the demands for bitcoin increases again,surely the price will eventually rise up.For now,the best thing to do is just to hold our coins patiently if we really want to make huge gains in the near future.
The fall in the market value of btc has nothing to do with the government of South Korea .It is normal for every market to have a fall in its market value after a rise it will not take much time for its value to go back to normal.
In fact, it is easy to see that bitcoin prices have dropped significantly compared to a few months ago. I think that is the inevitable consequence of the historic milestone of $ 20,000, the decline in value to create balance is a natural process. At the same time, bans issued from other countries also have a negative impact on the value of bitcoin.
whether the cause of this is happening, is it something to do with the decision of the south korea government?
The decision of the South Korea government has considerably affect the demand and hence price of bitcoin. However, there are other factors like the rise in demand for other altcoins which have also contributed to this great fall I think this is just a trend in the crypto world. all i know is that it will soon bounce back to what is expected
Everytime that bitcoin is decreasing, the hope of others are also decreasing and creating their own panic pressure. I don't know why some people are easily to be scared by this unhealthy stage of bitcoin. As we make a review the nature of cryptocurrency we can notice that the rise and fall always occur. And so panic stage is not actually necessary and whenever a person is on this stage he/she is usualy commit a decision without the guide of studying.
I think this is just a trend in the crypto world. all i know is that it will soon bounce back to what is expected
whether the cause of this is happening, is it something to do with the decision of the south korea government?
crypto market is taking a correction. we saw a massive jump in the price of every crypto last year. Correction was inevitable after that massive jump.
Maybe it's the reason. But this fall makes a great impact on its demand. The sudden fall afraid every bitcoiners to invest more. Most of them believe that bitcoin is going to its end. So the lack of demand makes bitcoin to fall again and again.
I think people are not just afraid of the fall that they are worried and panic to see the price is decreased sharply and I think this makes the price is down too far. but for people which know that bitcoin price always bounces up, they are using this opportunity to buy more bitcoin so they can have more bitcoin in their wallet and they only need to wait until the price is back to normal again. but on the other side, many of us trying to hold as long as they can because they want to make a big profit in the long-term.
whether the cause of this is happening, is it something to do with the decision of the south korea government?
I agree, I think South Korea government has something to do with bitcoin's sudden price fall but it is only part of it. Most of the government still don't accept bitcoins and other cryptocurrencies and they even want to elimenate or ban them in some countries, so if it would happen then bitcoin's price will fall down and it will become a serious problem for bitcoin users like us. 
I don't know what really happened but i do know that it got something to do with different countries banning and regulating bitcoin. As fearful as it get, the more country who will regulate bitcoin trading over their land, the bigger the impact to bitcoins price. But their are some intances that we can relate the crashing of btc to its yearly cycle. Every year bitcoin crashes at some point and gets back up naturally, if it continue to rise we can relate it to what happened last december. So, i guess with bitcoin crashing a little, plus the problem with some countries banning and regulating bitcoin, it resulted to the total crash of bitcoin.
Maybe it's the reason. But this fall makes a great impact on its demand. The sudden fall afraid every bitcoiners to invest more. Most of them believe that bitcoin is going to its end. So the lack of demand makes bitcoin to fall again and again.
whether the cause of this is happening, is it something to do with the decision of the south korea government?
of course, the South Korean government's plan enacted rules to overcome cryptocurrency speculation, leaving investors fearful early last month.can not deny, that, such news often makes the price of cryptocurrency like bitcoin and other decreased.
Dropping of bitcoin value might be cause of some countries policies but definitely it doesn't not wholly depend on it.There could be a lot more complex reasons why bitcoin value is decreasing, but don't lose hopes because what is happening to this digital currency is normal because of trading activities depends on demand and supplies and some reasons that is not known to us.
whether the cause of this is happening, is it something to do with the decision of the south korea government?
The market's value is always depending on the supply and demand of every cryptocurrency that is listed. Another thing is that, altcoins prices is based on bitcoins so it was normal for other alts to decrease its value in the market, the best thing to do is read different positive speculations and news to boost your confidence if you are worried about the downfall of prices.
Most likely so. South Korea made its decision and of course the price went down a little because of it. Although, on the other hand, it looks like it's just a coinsidence.
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