Don't worry, Bitcoin will be fine. - page 74.

Thecryptocurrency09

full member

Activity: 345

Merit: 100

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.

Good to see threads regarding positivity about bitcoin since there are some that are more of the negative side for they are looking what is currently happening rather than the long term things. I agree to what thread say. Another thing are people who trust bitcoin also agree with it which made for other a mind changer.

cloudbleron18

member

Activity: 203

Merit: 10

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.

I will always waiting and believing that it would be fine and okey that bitcoin is back to normal again when we started before.for now the price is starting to increase again thats why we need to trust and be patient.

burky156

full member

Activity: 658

Merit: 112

I never worry about the Bitcoin price because it will always go high. Last year when Bitcoin hits $20.000 everyone knew about Bitcoin and everyone started to buy and collect it. The crush had be happen that time, many people had to loose money, who met with bitcoin so late.. The price is around $7.000 today and in my opinion it won't go down anymore and will rise to $10k after holiday months, which is october or november.. Never worry about bitcoin, just love it.

paijo90

newbie

Activity: 61

Merit: 0

virtually human beings tough to control their emotions it really is why creating panic if the bitcoin rate losing they demanding to their investment the way to avoid loss or whilst the proper time to resell bitcoin without loses.glaringly bitcoin fluctuations are tough to expect however i strong accept as true with you mention bitcoin want sufficient time to rebond once more the charge balance.

bitcoinman93

newbie

Activity: 280

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.

it's been always like this, people will just never learn and keep making same mistakes. That is their problem though, we know already that bitcoin price will skyrocket, I'm sure about it

The cure

jr. member

Activity: 448

Merit: 4

Of course bitcoin will be fine no matter what will happen to the market. Bitcoin is the strongest digital coin in crypto world. It is the king of all crypto and the most valuable and famous coin. The demand of bitcoin is still high that's why we don't need to worry about it. After a long downtrend bitcoin now rising slowly.

Odlanyer

member

Activity: 350

Merit: 10

Don't afraid if the price of bitcoin go down, its normal to bitcoin, sometimes the price is on the top but sometime in the bottom, everythings gonna be alright and if you want to buy bitcoin again now is the best time to buy.

nazaididuan1

jr. member

Activity: 350

Merit: 1

Bitcoin will change the economy and accelerate the development of globalization!
In the future, BTC can buy gold bars or silver ingots... even you can order coffee with bitcoin, KFC!
BTC will be last time again!

darko.bountym

newbie

Activity: 41

Merit: 0

Bitcoin will never be that high like before the end of 2017.

jonas5222000

member

Activity: 476

Merit: 10

Student Coin

Yes, as always bitcoin price was always recovering and when its recovered its price was being doubled or increased that the other price,like now many people was using it so this was a sign that it was or has a big chance to increase its own price.

Dudeperfect

hero member

Activity: 1190

Merit: 534

Well, It is true that we have seen one of the biggest corrections in the price in the first quarter of this year and as per the market is reacting, I am taking it as a positive sign from the market considering the post-recovery correction. No doubt that big whales and institutional investors will try to exploit the opportunity if there is any price momentum taking place in a short period of time. As we know that panic situation won't take us anywhere so getting ourselves under the fear of missing out and taking investment decisions based on that is not a wise thing to do.

krky

member

Activity: 178

Merit: 10

Yes Bitcoin will be fine, to be honest I thought the Bearish season were about to end when Bitcoin started to recover but after a while it suddenly received a heavy blow, I guess its far from over. Though I'm not worried, I'm pretty sure things will change by the remaining months of the year. Lets be patient and keep holding.

Abigail Asi

jr. member

Activity: 182

Merit: 2

Yes. I strongly believe that bitcoin will be fine despite the challenges they face in the price.

Undermood

legendary

Activity: 950

Merit: 1000

I think we were less worried than normal. However, this decline has accelerated due to numerous bans, inspections and government pressure. Now, with the sudden fall impact, he still can not rise to the level we want. But I think he will grow up.

BitcoinGuruOne

member

Activity: 364

Merit: 13

I am not worried, people who where expecting and are expecting the same growth as last year is the ones who are worried, it will not happen so fast, i dont thin kwe will see such hue rise this year.
Also regarding your comparision, on one hand it is logical to see such bubbles from time to time but you have to tkae in to account that the market cap in the firsy bubbles was 100x times smaller than the last time.

KorakPawon

member

Activity: 350

Merit: 11

yes this is a pretty clear picture that the price of bitcoin has risen and dropped since the beginning, so at this time it will be better not to panic and confuse because in the previous phase bitcoin also experienced a period of decline which eventually rose again, now it is down sure the following year will experience a rise again even though the time taken is a little longer we just wait.

Maruf Nazir

newbie

Activity: 196

Merit: 0

Yes,bitcoin will be fine,it will rise up again very soon. Bitcoin must be a good currency, which is a popular and popular rope. Bitcoin values the currency in the current market. There are so many racks in Bitakayan that from where we can use our intelligence to earn profit, it can easily be achieved. And since many unemployed young people have made Bitcoin, it can be said that Bitcoin is always good, and Bitcoin will always keep its value in the market.

edzleochico6

newbie

Activity: 71

Merit: 0

Yes,bitcoin will be fine,it will rise up again very soon. It is much better that we support the bitcoins.So be patient,stay calm.

3la9l_kolbaCa

sr. member

Activity: 952

Merit: 250

Enterapp Pre-Sale Live - bit.ly/3UrMCWI

Quote from: bitterdog on August 06, 2018, 06:39:06 AM

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.

Well, thank you so much for this. You made such a great analysis. I also agree with you, bitcoin will be fine. The ups and down that happens just period.

If we educate ourselves properly and be aware of its nature, then I think there's nothing to worry. Volatility has been its nature due to increasing and decreasing of demand, and some other considerable factors. Once we gain knowledge and experience about the technology and the market, then we can manage the risks, know what strategies to apply, and stay calm that whatever the crisis in the market we can still manage to survive. This is just a minor fluctuation and market can surely recover.

Snakerist

member

Activity: 336

Merit: 15

Of course, after great increase in price fall is inevitable. Crypto is developing further, so we should just wait.

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