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Topic: Bitcoin's price is getting low - page 25. (Read 2423 times)

hero member
Activity: 966
Merit: 501
December 25, 2017, 09:15:09 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?
In this month bitcoin prices are getting lower, I think it might have something to do with the end of the year so many people are selling bitcoins so the price goes down. If we have the money, we buy bitcoin now because the price is cheap, because next year the possibility of bitcoin price is more expensive.
Price of bitcoin are getting lower and lower because most of the people or users were shift into other coins and altcoins. Some of them were panic buying of bitcoin, when they see that bitcoin value are starting to decline they sell it immediately and invest to the other altcoins.

For me it's better to hold bitcoin and buy additional when their price is decrease. Because we all know that bitcoin value are increasing so fast that's why declining of this coin is only part of their strategy to attract more capitalist.
Or we have hit a major milestone price which is 20,000$ and at the same time the whales started to take profit from Bitcoin again. This is one of the reasons why Bitcoin is going down and the charts says it so because there is a selling pressure created making other traders to also sell and cut their losses. But worry no Bitcoin looks like in consolidation stage at around 13,000$ to 14,000$ level the problem here is until when they will consolidate in that price level, let us just wait for the charts to speak for itself.
It does not matter if the price of bitcoin falls one day.Everyday there is regulation in the price of bitcoin.Its rises and in the next minute it can fall.The value of bitcoin is very volatile unlike the fiat currency.In the last eight years the value of bitcoin has touched the sky.It has reached $14000 and is expected to reach $20000 shortly.If this happens,the bitcoin users will have great profits.The investers are waiting for this moment only.
hero member
Activity: 1806
Merit: 672
December 25, 2017, 09:03:06 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?
In this month bitcoin prices are getting lower, I think it might have something to do with the end of the year so many people are selling bitcoins so the price goes down. If we have the money, we buy bitcoin now because the price is cheap, because next year the possibility of bitcoin price is more expensive.
Price of bitcoin are getting lower and lower because most of the people or users were shift into other coins and altcoins. Some of them were panic buying of bitcoin, when they see that bitcoin value are starting to decline they sell it immediately and invest to the other altcoins.

For me it's better to hold bitcoin and buy additional when their price is decrease. Because we all know that bitcoin value are increasing so fast that's why declining of this coin is only part of their strategy to attract more capitalist.
Or we have hit a major milestone price which is 20,000$ and at the same time the whales started to take profit from Bitcoin again. This is one of the reasons why Bitcoin is going down and the charts says it so because there is a selling pressure created making other traders to also sell and cut their losses. But worry no Bitcoin looks like in consolidation stage at around 13,000$ to 14,000$ level the problem here is until when they will consolidate in that price level, let us just wait for the charts to speak for itself.
sr. member
Activity: 1960
Merit: 329
December 25, 2017, 08:48:10 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?
Even if it plunges below $9,000, bitcoin has the ability of rising and shooting right back to the top like phoenix. I see the momentary fall as a correction that was long overdue. Nothing to worry about.
sr. member
Activity: 1484
Merit: 253
December 25, 2017, 08:41:40 AM
The Bitcoin dominance has declined to around 42% from the previous levels of 61% (two weeks back) and that may be one of the reasons why the exchange rates going down despite the overall crypto market cap increasing. Bitcoin is going down against other alts due to the scaling issue. Even now, there are some 170K+ transactions waiting to be confirmed. 


Bitcoin price may be decreasing as of this month but compared to other coins it is still the highest among any other coins available in the market. Its decrease is just part of its volatility but in the coming days it will surely rise up again and many will be happy about it again so for now just hold your coin or you can buy if you have enough capital.
legendary
Activity: 2044
Merit: 1008
December 25, 2017, 08:26:02 AM
The Bitcoin dominance has declined to around 42% from the previous levels of 61% (two weeks back) and that may be one of the reasons why the exchange rates going down despite the overall crypto market cap increasing. Bitcoin is going down against other alts due to the scaling issue. Even now, there are some 170K+ transactions waiting to be confirmed. 
sr. member
Activity: 336
Merit: 260
December 25, 2017, 07:58:31 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?
In this month bitcoin prices are getting lower, I think it might have something to do with the end of the year so many people are selling bitcoins so the price goes down. If we have the money, we buy bitcoin now because the price is cheap, because next year the possibility of bitcoin price is more expensive.
Price of bitcoin are getting lower and lower because most of the people or users were shift into other coins and altcoins. Some of them were panic buying of bitcoin, when they see that bitcoin value are starting to decline they sell it immediately and invest to the other altcoins.

For me it's better to hold bitcoin and buy additional when their price is decrease. Because we all know that bitcoin value are increasing so fast that's why declining of this coin is only part of their strategy to attract more capitalist.
full member
Activity: 546
Merit: 122
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December 25, 2017, 07:20:30 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?
[/quote
During holidays, people are mostly to be in need of money to buy gifts for their loved ones. Maybe, transactions are high because theybare selling their Bitcoin due to the season. So there's a huge possibility that after holidays, it will be again expensive so holding rather than selling at this moment is a much better choice.
full member
Activity: 490
Merit: 100
December 25, 2017, 06:53:46 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?
In this month bitcoin prices are getting lower, I think it might have something to do with the end of the year so many people are selling bitcoins so the price goes down. If we have the money, we buy bitcoin now because the price is cheap, because next year the possibility of bitcoin price is more expensive.
sr. member
Activity: 406
Merit: 251
December 24, 2017, 11:41:09 PM
hi bro bitcoin has shown its performance lately, and there is a decrease in bitcoin prices, but I think that is a common thing, but for a moment maybe the market demand has saturation point where the demand is slightly reduced and cause the price to decrease slowly , but I hope that it will not last long, and will increase again by the end of the year, I'm sure it will happen, and most of them may trade it into money to meet the needs they need, and I think this is the time right if you want to buy and invest on bitcoin and hold it for the next year
member
Activity: 99
Merit: 10
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December 24, 2017, 10:51:26 PM
Bitcoin prices are low but not as low as in the previous 3 months Wink
Bitcoin prices are low but its for a moment, if we compare its price with its price in 3 months ago, bitcoin price now is still higher. Acrually bitcoin price is increase every month, if we see it averagely.
newbie
Activity: 140
Merit: 0
December 24, 2017, 10:44:19 PM
The bitcoin price is getting low these days but still it is the most expensive cryptocurrency till date and it will be no doubt.The price is getting low may be due to the introduction of new cryptocurrency or mining.But the price of bitcoin will be high as compared to other cryptos.
full member
Activity: 209
Merit: 100
December 24, 2017, 10:15:41 PM
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?
bitcoin drops but i still keep it. Because I believe it will increase again in 2018. Maybe it will shoot again, its price can reach 20k $
full member
Activity: 532
Merit: 100
December 24, 2017, 10:12:17 PM
Correction needs to happen guys and don't forget we are still more than $10k where the correction or fall was supposed to happen after that value and besides people wishing to buy it cheap and Santa made it come true this Xmas. Wink
hero member
Activity: 3052
Merit: 606
December 24, 2017, 10:09:44 PM
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?

bitcoin has declined lately but bitcoin prices are still very expensive. I think bitcoin prices will increase in 2018 because bitcoin is the most popular coin on crypto currency.
If you believe on bitcoin you wouldn't mine the price decline, that's normal because we have skyrocket this year and since we achieve a high price there is a big chance that we can surpass that again, it's not impossible with bitcoin so I think we should be smart on taking this opportunity to buy at a cheap price.
full member
Activity: 434
Merit: 105
December 24, 2017, 09:32:52 PM
You do not have to worry because the Bitcoin crash is because of the holiday seasons. This is the time of profit taking so bitcoin really drops. The same thing happened last year, every time december came, the value of Btc actually dropped. But after that, we expect the Bitcoin to rise again. It will definitely exceed the peak price in recent days.

I thought bitcoin price will reach up to $20,000 before the year but it seems that I was wrong. Now it drops to $14,000 and I'm still expecting it to increase before the year ends. I was about to sell 50% of my bitcoin before the year ends but I postponed it. Now that it drops, I'm planning to hold it till next year. Although I badly need money, I don't have plan to sell it in a low price. I just hope I won't be tempted to sell it.
full member
Activity: 840
Merit: 105
Buzz App - Spin wheel, farm rewards
December 24, 2017, 09:07:34 PM
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?

bitcoin has declined lately but bitcoin prices are still very expensive. I think bitcoin prices will increase in 2018 because bitcoin is the most popular coin on crypto currency.
legendary
Activity: 3374
Merit: 1922
Shuffle.com
December 24, 2017, 09:03:57 PM
It can be because of other investors investing at the alt coins, causing of less people buying Bitcoins that will not reach its demand for the price to get higher. There can be also those sellers that starts to cash out all of their savings or long-term investments due to ending of the year. Because of the rapid downfall of the price, it also causes panic-selling that no longer equates the hoarding of bitcoins. Consider the season also as part of its downfall of price.
True, one of them was bitcoin cash. After coinbase started accepting bitcoin cash the price of bitcoin slowly decline and the miners moved as well to take advantage of the price which made bitcoin's fee skyrocket. The good news about bitcoin going down is the fees get slightly cheaper than it used to be.

full member
Activity: 350
Merit: 111
December 24, 2017, 07:37:32 PM
Eventhough bitcoin price is getting low, we just keep calm and hold for it until it will increase again. And for those who want to buy, now is the best time to buy bitcoin.
member
Activity: 280
Merit: 10
December 24, 2017, 07:34:16 PM
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?

There are so many reasons from each of person.
In my side, i think christmas and new year is the reason. Just simple.
sr. member
Activity: 336
Merit: 250
December 24, 2017, 07:04:41 PM
I heard rumors about hackers targetting bitcoin and trying to break it down or at least lower it's value. Dropping 2k in value from 15k to 13k is not considered as a big drop. Besides, i would not worry about bitcoin. They can't destroy it. It's power and resistant to all those who try to break it. It will regain that amount it dropped and beat it record yet again. I expect it to surpass 20k this coming year.
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