Don't worry, Bitcoin will be fine. - page 65.

daoquanghuan

newbie

Activity: 184

Merit: 0

Quote from: Handsome Boy on August 04, 2018, 10:22:43 PM

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.

You analyze very well, everyone wants to earn the most money in this market in the shortest possible time so when the bitcoin falls too deep for long periods of time it will cause the bitcoin holder to fear the peak and possibly cut off the hole. I believe the bitcoi price will recover, it may take 1 year, 2 years or more but I am sure it is because the market is still growing

Nagesh021

jr. member

Activity: 91

Merit: 1

It's a very volatile market and we have to understand this. There are only 21 million bitcoins out in the market and i guess 16million of them are already mined and satoshi has 1 million bitcoins so as the amount of bitcoins decrease the price has to go up. So your argument is valid! But at the end of the day we can never predict what will happen in the market!

Manuela Klein

newbie

Activity: 1

Merit: 0

Bitcoin will be fine, and we will land.

4rzun4

sr. member

Activity: 620

Merit: 250

Feeling anxious about having every bitcoin holder, by looking at the price movement of bitcoin to date, but that is indeed an investment, where we must be able to control emotions and be able to endure patience so that eventually we will become winners and take advantage of bitcoin investment, the most important is facing a movement situation the price of bitcoin today, we must have confidence in bitcoin, so that we are able to survive and wait for price increases with the confidence we have.

Biniam Abel

newbie

Activity: 2

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Hopefully your analyzes are correct, and I'm getting too high

nguyenhoven

jr. member

Activity: 248

Merit: 1

Quote from: ?? on ??

You can not know for sure. But we can make the assumption that in the future this technology will be used everywhere, and so the price of bitcoin will be higher. Just need to invest the money that you don't mind losing, if bitcoin falls

bitcoin adoption has nothing to do with its price in terms of spending. I mean the higher it goes, less people want to spend it. If the prices weren't to grow, people would be more willing to pay with it

4builder

newbie

Activity: 13

Merit: 1

Whenever there is a drop in BTC price, I go back to the historical rates and feel relieved because I can clearly see that it's only natural to go up and down. But thank you for your post. It it should help many of us keep calm and not panic;)

fireman2001

newbie

Activity: 214

Merit: 0

Bitcoin (BTC) is a great coin in the crypto market, and even if the price has fallen, It will rise again! Its one of the things that makes it unique!

deloreswest

member

Activity: 350

Merit: 10

Open and Transparent Science Powered By Blockchain

Bitcoin already dead so many times and bitcoin do recover become nore stronger. This etf hype do really affect the bitcoin price. I hope all of them who sell it at make the market drop will really regret it when etf is accepted and no more cheap bitcoim available.

gurupauts

member

Activity: 420

Merit: 11

DISRUPTING THE $23.5 B SCIENCE PUBLISHING INDUSTRY

that's right, when the price of bitcoin goes down we don't have to worry and panic because we have to know that bitcoin has volatile prices and is always changing so it will definitely recover and have a high price again

ndhdiwo234

newbie

Activity: 34

Merit: 0

Bitcoin investors are strongly affected when bitcoins fall sharply. The inherent volatility of Bitcoin makes it a viable investment choice for everyone including me. We are not clear about what happened here, but maybe someone with a big bitcoin stockpile put it on the trading floor. This increase in Bitcoin availability may lead to a reduction in the initial transaction price, with other owners - especially market leaders - panic when Bitcoin volume is released. But do not worry, everything will be fine.

adjong

member

Activity: 322

Merit: 10

for me that's right because bitcoin is fine because we do not have to worry about it because it's also going to raise this bitcoin the best coin in all the market. I'm sure this year is the highest bitcoin price

ballexplorer

member

Activity: 201

Merit: 11

I'm not worried about Bitcoin. He will keep his place in parts of society and the financial world. Finally he has reached a real value. Further spread and awareness will increase this real value further. However, history has shown that the world is always changing fast and nobody knows what tomorrow will be like.

imking

full member

Activity: 406

Merit: 117

Quote from: Handsome Boy on August 04, 2018, 10:22:43 PM

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

2. and on November 30, 2013 the price of Bitcoin increase high at the price of $ 1,149.14

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

4. and the price of Bitcoin began to rise high at the price of $ 19,783.30 on the 17th of December 2017

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 don’t worry about happening on the value of the bitcoin. Everything’s that is going around the crypto will be fine. We need to wait and don’t forget the first rule on the crypto. Sell on the high and the buy when value got lower. There is a reason behind your patience and hard work.

OutOfTheBox56

newbie

Activity: 42

Merit: 0

ups and down in business is a very essential part and in the world of crypto currency it is very common. It is not a big deal we just need to wait every thing going to be alright very soon.

teklang01

jr. member

Activity: 173

Merit: 7

In my case, because I firmly believe in bitcoin I didn't worry even a little. I am just patiently waiting, just keeping my bitcoin in my wallet and finding ways to acquire some more. I believe that it will rise at the right time those who are panic selling right now will perhaps regret later.

burakdat

jr. member

Activity: 252

Merit: 2

"I invest and Doing Bounty Campaign"

I wish that this could be easy just like this. Anyway i am not wondering why bitcoin market price falls because it is just normal for the bitcoin to fall wherein it could be the investors who are pulling out their money after seeing market that does not move or even recover. This has been a month wherein market price for bitcoin look so bad. Anyway it could be good somehow to wait and see what will happen next to bitcoin market price movement.

Papaczed

full member

Activity: 378

Merit: 100

Adoption Blockchain e-Commerce to World

Quote from: paparexon0414 on August 07, 2018, 11:28:08 PM

Actually the history of bitcoin keeps me on believing that it will still have the chance to rise again. But sometimes as you look at its price at this time, its really give me this down feeling. I cant really romove the feeling of it due to its really going down very fast. From 19k usd to 6500k usd? I still hope about the future of bitcoin as the speculations that it is going to 50k usd mark high.

Worrying wouldn’t bring you anything good. It could just lead to panic selling which is no good too. Always keep in mind that no matter how low the price gets it would eventually recovers again that’s why we should never worry because bitcoin will be fine.

lelahkenabanned

member

Activity: 329

Merit: 10

yes you are right bitcoin will be fine you just have to wait until there is good news that can make the price go up and usually the price rises at the end of the year.

Legone

newbie

Activity: 135

Merit: 0

Quote from: Handsome Boy on August 04, 2018, 10:22:43 PM

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.

For me it is natural that the price value of bitcoin will not stable because it depends the seasons of the supply and the demand of cryptocurrencies but most investors and traders always getting patience to hold and wait for the right time.
I think no need to be panic because crypto market always recovers.

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