Don't worry, Bitcoin will be fine. - page 76.

jademacoy

jr. member

Activity: 224

Merit: 8

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.

So meaning that history will going to repeat itself and there is a huge probability that bitcoin market price for 2018 would even beat the highest market price for bitcoin on 2017. As we all know that bitcoin has been operating on almost a decade and it this process was being seen that history are repeating yearly. In this way the thread shows that there is nothing to worry about to what happen bitcoin nowadays and i strongly agree with it.

airdrophunter

full member

Activity: 434

Merit: 100

The Exchange for EOS Community

If you are just new to cryptocurrency, you really need to research especially bitcoin's history in order to shed light of your doubts and fears during crisis because most of the panic sellers are those who don't have enough knowledge of cryptocurrencies' nature and history.

Roberttran

member

Activity: 280

Merit: 10

I believe everything will be fine. The decline in bitcoin prices in recent months is just a short-term correction of the market and it is quite normal. Fear, anxiety only happens to new investors, who are impatient

Zainal-baguz

jr. member

Activity: 175

Merit: 1

I'm also sure because bitcoin is very good and many people invest in it. therefore bitcoin will definitely be fine bro. keep the spirit of investing in bitcoin to pursue your dreams to become a millionaire in the future

Blackhammer321

member

Activity: 400

Merit: 59

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.

This kind of happenings are just natural to market. Even stock market experienced it. With this we can see the volatility of markets but one this is for sure with bitcoin. It will rise again and proves its capability to stand and become a currency. Bitcoin is powerful and can survive even the bad happemings are flowing. Bitcoin makes itself stronger in order to surpass all hindrances.

Korkorjkk

member

Activity: 546

Merit: 11

Bitcoin has been experiencing a rise lately but the price has decreased pretty soon, but there is no need to panic, the cause Bitcoin will soon. It has been a cryptocurrency that has been able to overcome all the ups and downs.

lummydee

newbie

Activity: 66

Merit: 0

Yes I really agree that bitcoin will be fine because the fluctuating of the bitcoin prize is what has been happening in the past and it has been always surviving and still increase in prize later

yazher

hero member

Activity: 2268

Merit: 588

You own the pen

We have been through about this, it will not take too long until it gain a full recovery because unlike those years bitcoin is not yet popular among other countries but today many investors are willing to invest. so let's say that if those negative news about bitcoin are gone the price will be back to normal in no time.

makenoise

jr. member

Activity: 71

Merit: 1

Be patient and do not give up so soon. Bitcoin will not die so easy

tncbitcoin

newbie

Activity: 98

Merit: 0

A very informative and concise article you make in which i have the same mindset with you. The bitcoin right now is quite high compare to the previous years in which they less than $1000. The fluctuation right now is okay and let just hodl more when the market became bullish again.

requiredto

newbie

Activity: 32

Merit: 0

I'm sure bitcoin will be fine. If you still hesitate, i must say this is the best time to buy bitcoin and wait for its high time to sell. Do not think must

glorybtc

member

Activity: 165

Merit: 10

i'm sure that bitcoin price will raise up as the last year even more, but how about other coins/tokens? because i have so much coins and tokens that i buy on december with high price and i still hodl it until this time

faithofb

newbie

Activity: 238

Merit: 0

Even when one is not told atleast with the graph shown above it is quite clear that bitcoin will regain it stability but the purported suggested year will be too much to bear but am sure bfor that time market will be bullish .

Taronet-division

newbie

Activity: 154

Merit: 0

good news spread but the price was not as expected, a little suspicious because it was not fair. although there was panic but remained positive with the current situation.

Ava Duvall

jr. member

Activity: 154

Merit: 1

Quote from: kebo354 on August 05, 2018, 11:23:12 PM

I hope 1 bitcoin worth 35000 dollar in 2019.

Thats a high number. with 2018 being as slow as it is, I doubt 2019 we will reach that number, of course anything is possible but that is just my opinion.

Tulanpa

newbie

Activity: 98

Merit: 0

Judging from the graph it will be very hard to av the same fall as the falls of 2014 and likewise there is every possibility to have the same rise of 2016 to 2017 since the famous of bitcoin has increase beyond imagination.

royalparade01

newbie

Activity: 112

Merit: 0

Quote from: ruthbabe on August 05, 2018, 12:10:20 AM

Why, is there any problem with Bitcoin? By definition, we know Bitcoin (like other cryptos) is volatile, and its price fluctuates in seconds... if more people want to sell, the price will decrease. Bitcoin's value can be volatile when compared to more established currencies and commodities. This can be attributed to its relatively small market size, and it means that a smaller amount of money can move the Bitcoin price more significantly.

Yes ofcourse,bitcoin will be fine we do Not worry at all because in the future it will rise again. Current price drop will be up, because this is normally happens in the coinmarketcap. We all know once the price drops means automatically it will rise again.

VirtaUniqueCoin

newbie

Activity: 31

Merit: 0

I feel BTC will drop down to 5000 USD very soon.
Whats your opinion guys?

club45

newbie

Activity: 57

Merit: 0

Quote from: herfianto on August 04, 2018, 11:46:03 PM

You are right, I think this is normal don't panic when prices fall. Bitcoin prices will rise again, Bitcoin is a long-term investment, do not sell and just hold in this time.

Yes I agree. There's nothing to worry about. For me this is normal. We do not know maybe next month or some other coming months it will go higher. Let's be patient.

crossabdd

legendary

Activity: 1316

Merit: 1145

I never thought bitcoin was dead or a scam, because when I saw the plot in the previous year, it turned out that today's chart was following the direction of the previous graph. so I don't panic with this. Keep calm. if you have money I always buy bitcoin to collect. Everything will be fine in time. so it's waiting for a good time to pick it.

Topic: Don't worry, Bitcoin will be fine. - page 76. (Read 7969 times)