I agree with your points and it is true that Bitcoins price dropped but due to many negative effects it had to face from the world but the world understanding towards Bitcoin is changing so we can see many industries and businesses are trying to connect Bitcoin with there core business processes and that can give a good place in the near future to increase it's price and expand more in the globe
Topic: Don't worry, Bitcoin will be fine. - page 62. (Read 7969 times)
The price fluctuation are of very less concern for me. Actually, I am scared that government may ban crypto in my country.
We are waiting but but agree with me what bitcoin never was so popular and never many peoples watched their price.
Many people have lost a lot of money in the fall market in the last half of the year, and the encryption market has always been a highly risky market, which will have to learn to wait for high profit in this market, and I think this trend will be like 2014.
Bitcoin is always like this: up and down, like roller coaster, there's always changes and this is no longer new to those who been in this business for along time that is why they are no longer moved nor ge panic when bitcoin falls, becuase they knew there is nothing permanent in this world that bitcoin will have it its own time to rise.
I believe bitcoin will come back later this year
To be honest I'm quite worried because there are many good news in the cryptocurrency world but it looks like the market doesn't care, so that means we're completely in the hands of a few whales that can do whatever they want.
Don't look to the market as a trading market, look at the technology behind the market (The Blockchain). if you saw the great features of the blockchain you'll believe it's the future of the world then you are now investing in the future of the world, that's very promising which'll let you look behind the current situation.
true bitcoin we don't need to worry about bitcoin. the current decline is a natural thing because the market will not always go down and the market will not always rise. what we need to do now is to continue to promote good things about bitcoin so that bitcoin doesn't go down again due to negative news. Negative news greatly affected the price of bitcoin as news of the ban on cryptocurrency advertising on Facebook yesterday made bitcoin prices fall.
Of course Bitcoin will be fine in several months or years and again it will be the best currency in the world. This happened because Countries tried to make restrictions against Bitcoin and some tried to ban and for those reasons with the price fall many thought Bitcoin will disappear but now it is recovering like it didn't even care what happened and soon it will gain it's previous price very easily without any problem
why does everyone start to panicking when they see the price of Bitcoin dropping so much, in my opinion it is natural that the price of Bitcoin falls because Bitcoin has experienced the same thing as now, so I suggest not to be afraid and panic.
we will see from this graphic :
1. On April 29, 2013 the price of Bitcoin was only $ 135.30
https://steemitimages.com/0x0/https://cdn.steemitimages.com/DQmcj87AFpnNdqbPdRVYBJB6Zd8bSjmMqqp8kHjiMEszyrP/b4.jpg
2. and on November 30, 2013 the price of Bitcoin increase high at the price of $ 1,149.14
https://steemitimages.com/0x0/https://cdn.steemitimages.com/DQmcngKTWQYbDvg2KWSd2rwUsZTpFMuyMraeHxBADHAfXar/b1.jpg
3. then on January 2, 2014 the price of Bitcoin decreased at a price of $ 773.40 and on December 31, 2016 the price of Bitcoin began to increase again
https://steemitimages.com/0x0/https://cdn.steemitimages.com/DQmV8DNWMg2BfWNha7QUWuQXfvu7DEHR39a96k85fzPJCsp/b123.png
4. and the price of Bitcoin began to rise high at the price of $ 19,783.30 on the 17th of December 2017
https://steemitimages.com/0x0/https://cdn.steemitimages.com/DQmRHe7w2gCeo8z7GTsY8N7xo5PnDmJdrSnk7pvyQjnikBx/b2.jpg
and as we know, now the price of Bitcoin at $ 6,948.46 and this is indeed down very far compared to prices on December 17, 2017, but it has already happened in 2014 where the price of Bitcoin dropped very far and it continues until 2016 and in 2017 finally Bitcoin prices start to increase again (it takes around 3 years to make Bitcoin prices rise). so from that, I'm sure the price of Bitcoin will increase again even though the time needed is not short.
we will see from this graphic :
1. On April 29, 2013 the price of Bitcoin was only $ 135.30
https://steemitimages.com/0x0/https://cdn.steemitimages.com/DQmcj87AFpnNdqbPdRVYBJB6Zd8bSjmMqqp8kHjiMEszyrP/b4.jpg
2. and on November 30, 2013 the price of Bitcoin increase high at the price of $ 1,149.14
https://steemitimages.com/0x0/https://cdn.steemitimages.com/DQmcngKTWQYbDvg2KWSd2rwUsZTpFMuyMraeHxBADHAfXar/b1.jpg
3. then on January 2, 2014 the price of Bitcoin decreased at a price of $ 773.40 and on December 31, 2016 the price of Bitcoin began to increase again
https://steemitimages.com/0x0/https://cdn.steemitimages.com/DQmV8DNWMg2BfWNha7QUWuQXfvu7DEHR39a96k85fzPJCsp/b123.png
4. and the price of Bitcoin began to rise high at the price of $ 19,783.30 on the 17th of December 2017
https://steemitimages.com/0x0/https://cdn.steemitimages.com/DQmRHe7w2gCeo8z7GTsY8N7xo5PnDmJdrSnk7pvyQjnikBx/b2.jpg
and as we know, now the price of Bitcoin at $ 6,948.46 and this is indeed down very far compared to prices on December 17, 2017, but it has already happened in 2014 where the price of Bitcoin dropped very far and it continues until 2016 and in 2017 finally Bitcoin prices start to increase again (it takes around 3 years to make Bitcoin prices rise). so from that, I'm sure the price of Bitcoin will increase again even though the time needed is not short.
I did not like to boycott because I knew that bitcoin would be ok with no special effects even when the bitcoin dropped because I knew bitcoin was going to be okay enough to believe that the bitcoin was good and that I did not have much confidence in bitcoin.
Of course, it will recover this time as well like in the past. The current phase is temporary and we need some positive news only.
Yes those expert in crypto world know how crypto coins works, dont worry if the coins falls down, because in this crypto world coins will rise and fall, its up to your strategy how you earn some profit. Be wise like a mouse.
Yes, we the crypto users should not put into much a worrywart regarding the Bitcoin status in the market. Well it is a common reaction the people always worry when the price of the Bitcoin in the market keeps on falling. But they should always consider it as a negative but rather an another opportunity for those people who wants to buy Bitcoin when it is still at its lowest. Bitcoin will not die so easily but will keep up its progressive grow in the crypto world.
It will recover with time but some of the people have got a lot of money stuck. Those who invested at $20000 will have to wait for an year or so.
Of course, it will recover this time as well like in the past. The current phase is temporary and we need some positive news only.
Indeed, when you are in Bitcoin you have nothing to worry, because you are handling the highest value crypto in the coin cap market. And you have to accept the normal trend that there are green days and red days i mean there are days that the value will go lower and lower but definitely it will recover in due time. That is the notrmal trend in the coin cap market, it is just like the same as fiat currency that goes up and down.
you are right, you don't need to be too panic with red bitcoin prices because that's a common trend in digital currency trading, so it's just how we take the opportunity when the market trends red if the market trend returns to show a green trend we can feel more than the past results.
This is a good time to buy bitcoin! Im sure that it will rise again around the ber months (september would be the start).
I think that Bitcoin shows himself well in this bear market. Altkoins have fallen much more in price. After each bitcoin fall, the altkoins fall lower and lower.
Bitcoin is just in transforming stage. Bitcoin is going to transform the way the world trade and transact goods and services. Bitcoin is definitely fine. The drop in its price is just one aspect of the crypto market...
I wish the panickers should have read this thread.
Maybe it can cure their panic by stop dumping their coins and start to believe if the market can bounce back.
Maybe it can cure their panic by stop dumping their coins and start to believe if the market can bounce back.
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