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Topic: Bitcoin, the highest fall in the year 2018 (Read 1098 times)

hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
August 03, 2018, 09:57:29 AM
Bitcoin prices have never been so low this year. Prices were down to 5,826.41$ (Jun 24 2018 16:04:00 UTC). Many advisers say that at the end of the year it will hit 30,000$. The market is seeing more than the fall from the price rise. Imagine when the speculation will end?
The speculation is never going to end that is just the nature of the markets, however I really do not think we are going to reach a new all time high at the end of the year, people need to stop making those kind of predictions, the likelihood that happens is incredibly low and we cannot count on miracles when it comes to our finances we need to rely in slow and in steady growth instead.
full member
Activity: 420
Merit: 100
Bitcoin prices have never been so low this year. Prices were down to 5,826.41$ (Jun 24 2018 16:04:00 UTC). Many advisers say that at the end of the year it will hit 30,000$. The market is seeing more than the fall from the price rise. Imagine when the speculation will end?


Current Bitcoin prices are unlikely to hit the peak of last year. Because some investment funds have moved from cryptocurrency to Real Estate.
Some guy talking about bitcoin can be up to $ 250,000 in 2022. That's kind of cute
 

The market price is based on supply and demand so there is always a chance for the price of bitcoins to skyrocket just like what happened last year and there are more investors today that has been legalized so probably, the price will be higher this year.
full member
Activity: 434
Merit: 100
The biggest fall also equals to biggest investment point. If you are a new person getting in or a person who has been waiting for a dip. This will be like early christmas. Think about putting your money in now, it can double it in no time and none of us will be surprised. Bitcoin going to 12k is nothing new and won't be surprising. So there is literally a reasonable chance of bitcoin doubling anytime in near future. People who will invest now are quite lucky.

Completely agree, many people are thinking about selling their coins when this is the moment to buy, people are simply too afraid to see the truth right in front of their eyes and then when the price skyrockets again they are going to complain that they do not have any bitcoin and it is entirely possible that they invest because of FOMO and they lose their money once again when they buy at the top of the bubble.
member
Activity: 488
Merit: 10
The dip doesn't seem to just be momentarily, prices have sunk to that level. Just a slight dip further will result in bitcoin having a total market capitalization of less than 100 B $.Investors are  becoming frustrated
The price of bitcoin falls below $6000 and this is the bottom price for bitcoin in this year so far, and may it drop more because investors are disappointed and they are converting their money to Altcoin or regular business because in these days bitcoin investment is just a waste of time and money. Nobody wants to lose his money after waiting a long time.
newbie
Activity: 32
Merit: 0
Bitcoin prices have never been so low this year. Prices were down to 5,826.41$ (Jun 24 2018 16:04:00 UTC). Many advisers say that at the end of the year it will hit 30,000$. The market is seeing more than the fall from the price rise. Imagine when the speculation will end?


Current Bitcoin prices are unlikely to hit the peak of last year. Because some investment funds have moved from cryptocurrency to Real Estate.
Some guy talking about bitcoin can be up to $ 250,000 in 2022. That's kind of cute
 
sr. member
Activity: 658
Merit: 251
Bitcoin price always rise to all time high after every price drop. This will take some time but I also think that bitcoin will reach $20k+ by the end of this year. I know many people lost their money by buying high so it will take time for them to come back again to invest in it.
hero member
Activity: 1344
Merit: 502
In my opinion, this phenomena will not end quickly, because to reverse the market does take time and process. Especially the confidence of investors who want to save their money and hope their income will increase, but in fact has not been achieved until now.
Yeah this year is not good for bitcoin so far and many people withdrew or converted their money to Altcoin because of the falling price of bitcoin. I am also optimistic that the price will grow in the near future and that is the hope that holds me not to sell at this time. The price is very low and holding is better than selling. Hold on the hope that one day I will make huge profits.
sr. member
Activity: 1274
Merit: 263
The price of the bitcoin who are possible to happen is around 20-50k dollars before end of this year 2018.
I think the highest fall of the bitcoin is 5k dollars because it is barrier of the bitcoin.
full member
Activity: 420
Merit: 100
The speculation will never end if the value of bitcoin is not in stable price, I know that bitcoin is popular now a days but its not enough to say that bitcoin prices will rise because in all around there are many fud and hackers that the popularity of bitcoin will be blocked.
hero member
Activity: 1148
Merit: 504
It is worrisome when the price of bitcoin is so low. But I still believe that by the end of 2018 the bitcoin price will be 30,000 usd or maybe higher than 30000 usd
Don’t just worry brother. This all become fine and crystal. Just wait for some time. Although people are waiting from January of this year and still satisfactory results aren’t shown but still don’t just become loser and hopeless. Bitcoin trading is nothing but to become a patience boy. Else you can have so wrong and bad times. Better is to wait for the jump of bitcoin.
Yeah you dont have to be worry, recover will definitely happen, you just need to be patient, because everything is just about time, now we have started to see signs of the recover, the price started up and we have reached $7k again, and will close to $8k, be patient
sr. member
Activity: 1022
Merit: 391
Bitcoin prices have never been so low this year. Prices were down to 5,826.41$ (Jun 24 2018 16:04:00 UTC). Many advisers say that at the end of the year it will hit 30,000$. The market is seeing more than the fall from the price rise. Imagine when the speculation will end?


The decline we are seeing since mid-December 2017 is not a simple price correction; this generally ranges from 25-30% to 40-50%.

After more than 7 months of decline I strongly doubt that bitcoin and the crypto market will recover so quickly that it will score new highs at $ 30,000 for this December; on the other hand, a slow accumulation of prices is more likely, which will first find a new balance and support, and then subsequently start a new bull market.
sr. member
Activity: 686
Merit: 250
Bitcoin prices have never been so low this year. Prices were down to 5,826.41$ (Jun 24 2018 16:04:00 UTC). Many advisers say that at the end of the year it will hit 30,000$. The market is seeing more than the fall from the price rise. Imagine when the speculation will end?

Obviously it will have a highest fall this year because the market prices last december 2017 already grow to its highest value and its down time is the next year, that's the reason it was falling today.
But some time ahead then we will find a positive phase, now Bitcoin prices have shown its existence and prices have gradually increased. Although not too high, but the increase has been a positive impact and now Bitcoin prices are increasing steadily. I am optimistic when looking at the current condition of Bitcoin, the more people who know Bitcoin must have made the market become stronger and despite the decline then I am sure will happen recover the price quickly.
member
Activity: 78
Merit: 10
the year it will hit 30,000-50000$  It's a good idea;D
member
Activity: 488
Merit: 10
The biggest fall also equals to biggest investment point. If you are a new person getting in or a person who has been waiting for a dip. This will be like early christmas. Think about putting your money in now, it can double it in no time and none of us will be surprised. Bitcoin going to 12k is nothing new and won't be surprising. So there is literally a reasonable chance of bitcoin doubling anytime in near future. People who will invest now are quite lucky.
full member
Activity: 378
Merit: 100
When Football meets Crypto
Bitcoin prices have never been so low this year. Prices were down to 5,826.41$ (Jun 24 2018 16:04:00 UTC). Many advisers say that at the end of the year it will hit 30,000$. The market is seeing more than the fall from the price rise. Imagine when the speculation will end?

Obviously it will have a highest fall this year because the market prices last december 2017 already grow to its highest value and its down time is the next year, that's the reason it was falling today.
full member
Activity: 434
Merit: 100
Are you now starting to doubt those predictions who are saying that bitcoin will reach $30,000 by the end of the year? There's more to come for this year and we're just half of it and we are starting to get into 3rd quarter and if there will be no action seen on that quarter, there is still the last hope which is the last quarter for this year. We are in part of the history where bitcoin has fall that much and if you do believe those predictions, there's nothing wrong with it as I do believe about $25,000-$30,000 by the end.
Those predictions are too high, while there is little doubt I would like to see a price that high or even higher at the same time I need to be realistic about what bitcoin can achieve and I do not see the same enthusiasm for bitcoin right now as we had in the last year, so I find it very unlikely we are going to reach a price that is anything close to what many are predicting.
jr. member
Activity: 210
Merit: 1
Some of the guys are telling this over and over again, I love the most how the months are changed. Some experts said that bitcoin will grow up in June, no in July, or in August... Sooner or later.
hero member
Activity: 910
Merit: 512
It is worrisome when the price of bitcoin is so low. But I still believe that by the end of 2018 the bitcoin price will be 30,000 usd or maybe higher than 30000 usd
Don’t just worry brother. This all become fine and crystal. Just wait for some time. Although people are waiting from January of this year and still satisfactory results aren’t shown but still don’t just become loser and hopeless. Bitcoin trading is nothing but to become a patience boy. Else you can have so wrong and bad times. Better is to wait for the jump of bitcoin.
We saw a highest fall few days ago which was 5.8k dollar this year and if we bring this lowest price of the year in comparison with last year lowest price which is a very better value and we know further that average value increases with the passage of time that is why will be having a better future value. it will break the last year highest value record this time so we are waiting for the time to come.
full member
Activity: 518
Merit: 101
2018 is indeed considered the year where bitcoin fall hard as it hits all time low. It fluctuates to more than 75% of its market value since last December from 20K USD mark. As bitcoin dips down to 5K USD mark, people went on a craze prediction that it will go as deep as 3K USD without even realizing that people were already panic buying at 5K USD and that's why it rises back again at 6K USD.
member
Activity: 406
Merit: 19
Speculation will never end as long as the market is still standing and serving the public for me $ 5.826 is a stable price of bitcoin and it's still pretty good. I'm happy bitcoin will reach $ 30,000 by the end of this year but it's not maybe its value will only come to $ 25.000 + only.
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