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Topic: Bitcoin was $3,871 on this day - 1 year ago - page 4. (Read 784 times)

hero member
Activity: 2856
Merit: 667
And we are back again, the market has struggle and we might see a price lower than the price one year ago per OP's post.
Hopefully those investors who panic right now will see this and realize that bitcoin drop to this low before we pump high last 2019 at $13k IIRC.
hero member
Activity: 1722
Merit: 528
And people are panicking here on our side.

Not just because of the pandemic that is happening but because of the fact that the stocks are falling but the same in cryptocurrency. This just proves that is the best time to invest, I am not saying that history really repeats itself but we never know.
full member
Activity: 1904
Merit: 138
★Bitvest.io★ Play Plinko or Invest!
Corona virus has messed up in many ways and does not rule out the possibility that the crypto market will be affected as well, not sure if bitcoin prices will remain above 5k because this decline is very sharp and it is very likely that prices will continue to fall, this is something I don't think about previously because indeed, before I did not think the corona virus would not have an impact on the crypto market, but what is happening now I think things will be even more chaotic if the spread of this outbreak cannot be stopped.

At first, we are not considering corona virus to be of significant factor in the bitcoin price recently, but I think, we are now experiencing its impact in the crypto market as this virus is already pandemic. The economy has been affected by this not only in China but around the globe. More and more areas are in lockdown. At first, I thought, it will drive the increase in bitcoin as people will resort to crypto in transactions but I guess I'm wrong.  Cry
legendary
Activity: 3486
Merit: 1055
Leading Crypto Sports Betting & Casino Platform
Corona virus has messed up in many ways and does not rule out the possibility that the crypto market will be affected as well, not sure if bitcoin prices will remain above 5k because this decline is very sharp and it is very likely that prices will continue to fall, this is something I don't think about previously because indeed, before I did not think the corona virus would not have an impact on the crypto market, but what is happening now I think things will be even more chaotic if the spread of this outbreak cannot be stopped.
hero member
Activity: 2814
Merit: 518
Then we hope that everything will be resolved quickly especially this global health crisis and so we get back into recovery.
The market trend is really going down which most holders are probably be worrying right now. Of course, it was a normal feeling especially when you buy Bitcoin at $7k or higher.

Yeah, it was that one year ago that the price drops to $3,800 and we're not sure this year if we can't be even lower that price as we face the big challenge by now. Even we are so optimistic person but we can't deny also to think of any negatives.
full member
Activity: 1750
Merit: 118
i think we might go down to that level again. liquidity hits harder after the first two waves. Another just happened. Another deadly bloodbath is taking place. i wonder when this will stop.
I was quite shocked at the current price of Bitcoin because yesterday the coin was still stable at $8000 but today the coin dropped to $5,500 making all investors panic. In fact, this is something that has been anticipated and perhaps this year is the year that everyone will have many difficulties in investing.

I'm not sure what made this market like this, but most of the other financial markets are in the same situation as the crypto market.

same here  , the price really makes every single people panic because it drops fast with big percents ever minute or so  but i was more shock to see that the price last year was more lower   . i already forgot it thats why im shock  and if i compare them , ill still be thankful that btc is still up compare to last year  .
 these times i dont think people will have a dificulty when investing but its actually easy to invest now because the drop is straight without any pokes or something
hero member
Activity: 1778
Merit: 504
WorkAsPro
i think we might go down to that level again. liquidity hits harder after the first two waves. Another just happened. Another deadly bloodbath is taking place. i wonder when this will stop.
I was quite shocked at the current price of Bitcoin because yesterday the coin was still stable at $8000 but today the coin dropped to $5,500 making all investors panic. In fact, this is something that has been anticipated and perhaps this year is the year that everyone will have many difficulties in investing.

I'm not sure what made this market like this, but most of the other financial markets are in the same situation as the crypto market.
member
Activity: 616
Merit: 16
i think we might go down to that level again. liquidity hits harder after the first two waves. Another just happened. Another deadly bloodbath is taking place. i wonder when this will stop.
[https://imgur.com/a/Vdv9DUM][/img]
legendary
Activity: 3654
Merit: 1165
www.Crypto.Games: Multiple coins, multiple games
I guess the drop in ALL of financial world just affected us and that is of course upsetting and hopefully will pass. However, this 1 year ago things are really making me feel a lot better if you take a look it every single year. Maybe from 2018 to 2019 it could have been lower since 2018 started high but ended low so 2019 was low during these moments however from 2018 to 2017 when you look 2018 was higher and 2017 to 2016 the 2017 was higher and if you keep going like that you will probably see every year you go back once you will see lower and lower except literally just one year at 2018.

So, I assume this is at least optimistic way to look at long term bitcoin bullishness if nothing else about the future but I feel like one year from today the price will be higher as well and two years from today will be higher than one year from today.
hero member
Activity: 2982
Merit: 790
On this day, 1 year ago on 8th March 2019...

1 Bitcoin = $3,871

Here is how far and wide we have gone in the last 1 year. Now bitcoin being tested as an asset class in the current global turmoil of coronavirus and rate cuts.
Where do you think it will go from here?

We cant tell if on next year on the same date would really give out the same scenario because not all the time it will give out the same situation where we do see that the price had risen up
which it might either go down or up on that particular date.I do remember out that lower low price wayback which i do even have the feeling that it might even shoot down even more and
lucky for those people people who do risk up on buying that time and having that 100% gain isnt bad for a year.
hero member
Activity: 2170
Merit: 528
Is one year an important period of time for an asset? Why? Because it's a round number?

2 years ago it was 8300. Does it mean anything? The most positive part about comparing years is that today the price is on the highest level but this information has no real meaning. We could say that it's the highest so there's a lot of room to go down.
sr. member
Activity: 1456
Merit: 267
Buy $BGL before it's too late!
This really is cheering news in the face of the onslaught from Coronavirus which has depleted the global economy. So, what that simply means is that Bitcoin is doing well in spite of anybody's thought that the market is plunging.
Correct, bitcoin still moving ahead even there's a coronavirus that spreading, the market still keeping paces. We do understand that there's
impacts from the stock market and each financial institutions are being affected by this virus, but bitcoin still alive and still proving it's worth
the sentiments are being affected by different news spreading keep being calm and stay focus.
hero member
Activity: 1274
Merit: 500
This really is cheering news in the face of the onslaught from Coronavirus which has depleted the global economy. So, what that simply means is that Bitcoin is doing well in spite of anybody's thought that the market is plunging.
Coronavirus has greatly affected the current economy and I am very worried about what is happening during this time. In fact, all financial related markets have had a huge collapse in the last 2 months and if this situation continues, this year will be the year of economic crisis.

Currently, crypto market is also greatly affected by this epidemic but it will certainly recover soon so consider investing if possible.
legendary
Activity: 2716
Merit: 1225
Once a man, twice a child!
This really is cheering news in the face of the onslaught from Coronavirus which has depleted the global economy. So, what that simply means is that Bitcoin is doing well in spite of anybody's thought that the market is plunging.
hero member
Activity: 2912
Merit: 556
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
I was shocked (who will not?) at that time because bitcoin amazed me again. But the sad thing is I have no BTC to sell on that time. In this time, I am preparing myself to that kind of surprises. I am saving bitcoin as much as I can. I am hoping that the prediction $15K is just a prediction. After all, the beginning of 2020 os quite good for btc price

I am sure we will see that price soon if that price will happen in this year, then that will help us to make a profit. But if it's not happening in this year, we have the chance to save as much bitcoin as we can. But yes, I agree that this year is a good year for bitcoin to increase because, with the halving time, it can help the price to increase higher after the halving. But unfortunately, we need the patience to wait for that time to come because right now, bitcoin price is not showing good movements at the market. So we might see another down again this weekend, but we can still hope that in the next week, the situation can change to be better.
full member
Activity: 1134
Merit: 103
When Bitcoin returns to $3,000 again, it will certainly be the worst time since maybe the price of Bitcoin will probably drop even more. In fact, everyone is thinking like you but when it happens you won't be brave enough to buy that price.
I always look at the positive side, Bitcoin price drop to around the 3k region means an opportunity to acquire more bitcoins at a cheaper price because we know it will always rise again. Those who are not brave enough to buy at lower prices are the people who end up buying bitcoin after the price has risen due to FOMO leading to losses if the price corrects immediately.

Exactly, most of the people bought the Bitcoin at a higher price in the year 2017, this makes many people were afraid to buy the Bitcoin at lower prices. People who bought the Bitcoin at 3500$ are already in huge profits because in one case the price of Bitcoin crossed more than 12000$. People who choose the risky path will always make plenty of money.
legendary
Activity: 2254
Merit: 1236
Heisenberg
When Bitcoin returns to $3,000 again, it will certainly be the worst time since maybe the price of Bitcoin will probably drop even more. In fact, everyone is thinking like you but when it happens you won't be brave enough to buy that price.
I always look at the positive side, Bitcoin price drop to around the 3k region means an opportunity to acquire more bitcoins at a cheaper price because we know it will always rise again. Those who are not brave enough to buy at lower prices are the people who end up buying bitcoin after the price has risen due to FOMO leading to losses if the price corrects immediately.
full member
Activity: 519
Merit: 101
I was shocked (who will not?) at that time because bitcoin amazed me again. But the sad thing is I have no BTC to sell on that time. In this time, I am preparing myself to that kind of surprises. I am saving bitcoin as much as I can. I am hoping that the prediction $15K is just a prediction. After all, the beginning of 2020 os quite good for btc price
sr. member
Activity: 812
Merit: 251
UniDApp - it's DeFi time!
I still remember that, it's still fresh in my mind but please let us not go back to that time anymore.
Bitcoin is now facing some big challenges but it's not new, I tell you, if this will fall back to sub $3000, I would not hesitate to start accumulating again.

It's a cycle, buying at dip likely give us good profit because eventually the market will be back to normal and price will recover.
When Bitcoin returns to $3,000 again, it will certainly be the worst time since maybe the price of Bitcoin will probably drop even more. In fact, everyone is thinking like you but when it happens you won't be brave enough to buy that price.

I think the panic psychology of investors is inevitable but surely this price will be very unlikely because the current market is getting stronger and investors are more interested in investing.
hero member
Activity: 2856
Merit: 667
I still remember that, it's still fresh in my mind but please let us not go back to that time anymore.
Bitcoin is now facing some big challenges but it's not new, I tell you, if this will fall back to sub $3000, I would not hesitate to start accumulating again.

It's a cycle, buying at dip likely give us good profit because eventually the market will be back to normal and price will recover.
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