Bitcoin's price is getting low - page 17.

jzone23

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Quote from: gunungkembar on January 02, 2018, 11:50:43 PM

Quote from: Fantastic33 on December 22, 2017, 09:49:36 AM

This week, bitcoin's price gets low. Based on the article that i read, it says thats they cant trace the reason why its getting low. They said it might be because some used to hack and mine bitcoins. They also said that maybe it was because there are new cryptos.
What do you think is the main reason? Do you think its price will still rise?

relaxed, bitcoin prices will not return to the very cheap price, bitcoin prices will rise from year to year, if the price drops it will only give you a chance to buy again.

I also believe btc price would be back to 18k-20k dollars mark a month or two but I'm on big loss now in my btc hodlings so I just keep hodling and avoid selling until it pumps again.

gunungkembar

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Quote from: Fantastic33 on December 22, 2017, 09:49:36 AM

This week, bitcoin's price gets low. Based on the article that i read, it says thats they cant trace the reason why its getting low. They said it might be because some used to hack and mine bitcoins. They also said that maybe it was because there are new cryptos.
What do you think is the main reason? Do you think its price will still rise?

relaxed, bitcoin prices will not return to the very cheap price, bitcoin prices will rise from year to year, if the price drops it will only give you a chance to buy again.

cizatext

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See it in this point, bitcoin price has being rising in the past months and no one complained but this recent fall in price people are no complaining. If we can understand the simple fact that bitcoin is very volatile and at that the price can never be stable and greatly depends on demand and supply. You can even carry out a simple analysis on your own bitcoin price is expected to fall within the period it deed one it was Christmas season and most people will change they bitcoin to faint money in other to spend good time with family.

elvinjamon

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It's normal to have a trend in the world of digital currency. Even it's low, there will come a point that it will reach again its peak. Maybe bitcoin is just giving way to other cryptocurrency, despite that just continue what we do and someday will find its rise again.

BoBBaumeister

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Bitcoin is always bouncing back. Atm there is a good price level at 15k. So i wouldnt ever call btc dead.

el kaka22

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Quote from: Edsemen on January 01, 2018, 11:26:32 PM

Quote from: Fantastic33 on December 22, 2017, 09:49:36 AM

This week, bitcoin's price gets low. Based on the article that i read, it says thats they cant trace the reason why its getting low. They said it might be because some used to hack and mine bitcoins. They also said that maybe it was because there are new cryptos.
What do you think is the main reason? Do you think its price will still rise?

Well for me what's the reason is that it is part of a organization. They need time to low the price so that it can have a chance to buy some and maybe they can prepare for the progress in increasing higher than past. Pricing high and low is likely a roller coaster sometimes high sometimes low.

Organization ? I would not consider bitcoin as an organization, even though we know there are whales who have all the resources available to get the price somewhat manipulated and most of them cashing out or organizing the high level of cash out apparently caused the huge drop in price.

Okay! I see why you called it an organization now. Those who are smart enough would buy now as pretty soon and with this current sideways movement, we may be experiencing a breakout in the next few days.

KeithBeeCham

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The downturn in Bitcoin has been around for a long time. In my view, the demand for Bitcoin investment is not as great as it was before. The decline in Bitcoin's exchange rate has been caused by a number of reasons, as hackers took control of the market, leading to the loss of many Bitcoins that affected the cryptocurrency market. But I think the main reason for the decrease in Bitcoin rates is because the current investors are not interested in crypto anymore, which makes the Bitcoin exchange rate has not increased recently.

AjithBtc

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I'm not sure about the reason behind the ongoing price increase, this can be the gradual increase or due to some other factors in the development. Whatever the real fact might be, people were much happy about the same as the price has begun to increase after the days of new year.

Zabrielle

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Of course it is a currency. Its not fix but still its giving people chances to earn. Bitcoin is not just a currency, it is business, a job that gives opportunity to people to earn. People gain profit by working in bitcoin. It is like a stocks in a stocks market that sometimes it goes up and down. But its not worst at all. Bitcoin goes up again and a little down but still the price or rate is good. I am positive bitcoin will be doing great this year and will so much chances for those people who very new in bitcoin.

jems

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Quote from: Bitcoin_Delivery on January 02, 2018, 12:34:42 PM

Quote from: RavenHood on January 02, 2018, 08:53:58 AM

Yes, bitcoin price right now is getting low. The highest range of bitcoin price I know is 19,000$ above, but now bitcoin’s amount drop at 13,500$. Maybe because of the season many bitcoin user’s need money that’s why they sell their bitcoin even the profitable rate is very low. That is the main reason why bitcoin price’s drops because of the volume of seller increase and the volume of buyer decrease.

That's right you say. prices fall as it coincides with many holidays and events later this year. but this week the price is quite stable if I monitor. still in the normal stage

A plausible explanation. we should not panic and listen to various issues about bitcoin buble. there are some people who are still unsure of the power of Bitcoin. The year 2018 is a new force for bitcoin maybe bitcoin will reach the highest price this year.

Predator25

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Quote from: BILGPS on December 22, 2017, 10:06:35 AM

Bitcoin is the currency and there will be up and down in this currency the currency market from the start to till now are very sensitive and volatile. the price is getting low for now and we can not control it it in the demand and supply of this currency and the big investors who holded much amount of bitcoin they can move the prices to some sort of. the articles and the senior users of this currency have posted different posts regarding the fall in price but the main theme of all of them are same. currency is very sensitive and a small change can bring large changes.

Yes the bitcoin valie is falling down as you can see. But it is not the end for us. The valur of bitcoin just dumped and it has possibility to pumped up again. We should dont lose hope. And keep on making strategy to earn bitcoin. Keep up and contonue the good work here in the forum.

Fedor07

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Well , in my opinion , bitcoin's price it's gonna rice up for surely . I the past months , Bitcoin's value was growing up really fast , and we still don't know why . But , when bitcoin was going down , always is growing up, and it's growing up more then before . I think that now it's gonna be the same , it's gonna rice up again to $20.000 . Hope i am right .

EdenHazard

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Quote from: btcmayumana on January 02, 2018, 09:31:26 AM

Why this is going to be a problem. If you have bitcoin only for selling it, yes it's your problem. But for some other people who want to buying more bitcoins for investing, this is good time. Aren't there are many topics discussed before about when bitcoin will drop again, now its value has been down, why is this be a problem again !!!

that is true , i couldn't agree more with you , set a plan and stick on it.

when you have a plan to trade it in daily basis i think you need to do it with careful analysis. but when you do plan to have bitcoin and hold it for long term then whenever bitcoin price get dropped it is always be an opportunity to buy it low. you shouldn't think about selling it soon .

Slark

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Quote from: surgical_duude on January 02, 2018, 08:18:28 AM

I do not understand why Bitcoin is discounting after having a 13k cycle, I think after knowing the Bitcoins are down there are a lot of people who have sold their Bitcoins, but I will not sell and keep going keep it

Only fools, non-believers and newbies who bought Bitcoin for $15k sold theirs during recent correction cycle.
Don't be manipulated into thinking that bitcoin a bubble and it will burst soon - this is not true, Bitcoin is more secure and stable than our FIAT system.
Follow simple rule -always buy when it is blood in the streets and you won't be disappointed. That is how big fortuned have been made.

sapnu

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Quote from: stefantt on December 22, 2017, 10:04:52 AM

Quote from: haroldtee on December 22, 2017, 09:56:33 AM

I will like you to see it in 3 ways.
1. See it as a correction that was bound to happen anyway, after the huge non stop buying for months now.
2. See it as whales cashing out and some noobs getting scared and selling at losses. (they will get to learn from experience later on)
3. See it as a Christmas gift, if you want to get in at a lesser price because later on, this year or next year, we are coming back at some point to test back the previous top. Some call it black Friday for crypto shopping.

Jokes apart though, there is really nothing to worry about. You are welcome to the volatile world of crypto. It is a bloodbath out there right now and they happen once in a while. It will pass and forget anything else you are hearing.

I think it is because a summary from the 3 reasons above that made this huge down fall. But I wil keep hodling my coins and will se what 2018 brings.

Yes the lrixe is actually getting low as of now but i still believe that the value will rise up again because investors and buyers will not stop to buy. Hence, it was really an opportunity for them to buy because the price is low and then when they bought BTCs the demand is getting higher and the price is also rising up.

Robotbitcoin22

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Quote from: Netnox on January 02, 2018, 01:50:38 PM

Quote from: golek upo on January 02, 2018, 01:39:25 PM

I think not only bitcoin that has decreased in price. Almost all of the altcoin also decreased. I think it is a reasonable thing.

Nope. You are wrong. Most of the altcoins have risen at the expense of Bitcoin. Ripple (XRP) has risen by almost 150% during the last one week against Bitcoin. Ethereum had almost a 100% increase. Even new coins such as Cardano (ADA) rose by more than 100% during the same period.

Correct . although the value of the decline is still a lot of way or way to maximize get a lot of bitocoin for now
including what you say. it is one step to be able to replace bitcoin in terms of income

Netnox

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Quote from: golek upo on January 02, 2018, 01:39:25 PM

I think not only bitcoin that has decreased in price. Almost all of the altcoin also decreased. I think it is a reasonable thing.

Nope. You are wrong. Most of the altcoins have risen at the expense of Bitcoin. Ripple (XRP) has risen by almost 150% during the last one week against Bitcoin. Ethereum had almost a 100% increase. Even new coins such as Cardano (ADA) rose by more than 100% during the same period.

golek upo

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I think not only bitcoin that has decreased in price. Almost all of the altcoin also decreased. I think it is a reasonable thing.

Creepings

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Quote from: Bitcoin_Delivery on January 02, 2018, 12:34:42 PM

Quote from: RavenHood on January 02, 2018, 08:53:58 AM

Yes, bitcoin price right now is getting low. The highest range of bitcoin price I know is 19,000$ above, but now bitcoin’s amount drop at 13,500$. Maybe because of the season many bitcoin user’s need money that’s why they sell their bitcoin even the profitable rate is very low. That is the main reason why bitcoin price’s drops because of the volume of seller increase and the volume of buyer decrease.

That's right you say. prices fall as it coincides with many holidays and events later this year. but this week the price is quite stable if I monitor. still in the normal stage

Yeah, quite stable but still, it is going downward instead of upward which I think is getting bad because that means that some of the users are selling off their bitcoins. But bitcoin price will not always be pumping, it sometimes needs time to cooldown, to get other people some chance to buy or invest in these volatile digital currencies that we are using.

Accessence

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There will also be some panic selling, some profit collection and a lot more that could impact Bitcoin's value but at the end of the day these are volatile markets and it is natural to get all these fluctuations. In the long run thou, Bitcoin has nowhere to go but UP!

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