How much more fall is possible ? - page 4.

Arlibtchunt2018

jr. member

Activity: 280

Merit: 1

Quote from: orehovka on June 07, 2018, 02:57:49 PM

How much more fall is possible in price of bitcoins?

I think bitcoin will stabilise at its price right now. Base on its price trend last month it haven't shown any signs of falling beyond 6k $ mark. It has only touch its lowest price which is 5k range mark then rise back again.

Tomwatson88

newbie

Activity: 26

Merit: 0

I think many people cannot predict the fall in bitcoin prices and rising bitcoin prices because the rise and fall of bitcoin prices are influenced by demand and supply in the international market. The more people believe in crypto the value of bitcoin will rise.

MarkPhillips64

newbie

Activity: 24

Merit: 0

I think, the value of bitcoin will not decrease anymore, at least for the time being. Some experts say that the value of bitcoin is rapidly rising. It is possible that by the end of 2018, Bitcoin could reach a higher level than 2017.

davinchi

legendary

Activity: 2100

Merit: 1058

Quote from: orehovka on June 07, 2018, 02:57:49 PM

How much more fall is possible in price of bitcoins?

We don’t really know for sure. And there is one thing I don’t really get about all these predictions that are being made by people.

First of all, they do say that bitcoin is unpredictable and no one can predict the price of bitcoin, then why are people trying to predict the price when it is unpredictable? It makes no sense at all cause you can’t predict people’s next move since its all about demand and supply.

MIZANUR5033

member

Activity: 364

Merit: 10

We have to see this fall for many months and now people are very upset form this fall and also very anxious about this thing. Now, most of the people lose hope and they want to transfer their investment in some other place form this place. I think it has already fallen the least price and I think its time for the BTC to raise and this will happen soon in my opinion. Lots of chain system are gone so this reason now the market is being cool and quiet and the market is free form this junk so this will help the real investor to gain some profit no doubt.

mamarried

member

Activity: 260

Merit: 10

Quote from: orehovka on June 07, 2018, 02:57:49 PM

How much more fall is possible in price of bitcoins?

This is the question that nobody can answer it for sure because nobody from us were not anticipating etherium to get down to $200 point but it gets. So it is possible to go even lower I think.

Bitcoin1216

member

Activity: 364

Merit: 10

Pawsome

Quote from: mung_nasib on August 16, 2018, 03:33:57 PM

I don't think bitcoin will continue to decline so that in difficult situations now traders may be obliged to hold bitcoin assets in the next few months if they want to create great success later.

The market is decreasing so we have to be patient in facing the big test like now, I am sure that the market will soon recover and we can get big profits if we want to be patient.

tronghai12345

newbie

Activity: 57

Merit: 0

I don't think it will fall anymore. As matter of fact it's about time it goes the other way now. We are still in the bear market though. So nothing for sure yet. I will hold anyway so it doesn't matter for me. It's a long term investment.

John_Davis

newbie

Activity: 19

Merit: 1

Quote from: Thirdspace on August 16, 2018, 07:06:00 PM

don't wait for lower price, there is a very strong support at ~$6,000
if you are planning to add more bitcoin to your portfolio, you should buy now
even if it drops below $6k, I'm sure it will bounce back within a month Cool

There are too many people holding stakes in bitcoin at the $6k level so it cannot go below there. The cost of mining becomes unprofitable so it would almost be worthless if it went below. There is a lot of money invested in the mining so people will buy at low levels to preserve their long term investment prospects.

I don't understand why some people are expecting it to go lower. It's already dropped a third of its value from the peak last winter, and there's only good things to come. So this is just another opportunity to get on for a lower price. Take advantage of it.

sulendra12

hero member

Activity: 2814

Merit: 526

Undeads.com - P2E Runner Game

Even though the price slowly recovering now but slowly but sure it will reach its peak soon. Because Bitcoin have been suffered with downtrend for more than 4 months I think. We wish Bitcoin will be stable at least for decent amount of time and people will buy more to stabilize the prize.

Abu Shadow

member

Activity: 238

Merit: 10

Quote from: leonarda on August 16, 2018, 01:54:17 AM

It can go to about $5000 and then recover. However, I do not agree that it is dead or is going to collapse anytime soon.

Do not worry if the price of bitcoin will go down as this can easily bounce back. If this had survive for many years and rise higher to $20k, then this can repeat the process and make a good bull run to rise again. This is not dead and will not collapse as we had many supporters and traders who do daily transactions on bitcoin and they still believe in this technology. Be patient as always you will get your break soon.

iMark

sr. member

Activity: 1162

Merit: 251

Quote from: mung_nasib on August 16, 2018, 03:33:57 PM

I don't think bitcoin will continue to decline so that in difficult situations now traders may be obliged to hold bitcoin assets in the next few months if they want to create great success later.

Of course not always prices will continue to decline, there must be a time when prices will rise but we don't know how much bitcoin price will fall because it will depend on a situations, I really hope that all users and investors are patient and do not panic selling so that prices improve

automaticmoney

member

Activity: 420

Merit: 18

Crypto lowest point is expected at the point 4000dollars and more fall is uncertain but we can see 4000dollars at the lowest point as of now

@hosimanaka

newbie

Activity: 154

Merit: 0

How many more will BTC rise again and the cryptographic market will recover, which is one of the hardships of many investors, we just know to hold and wait for the market to recover.

suzukiy

full member

Activity: 222

Merit: 100

I think that the decline and increase in bitcoin prices on the market is normal, no one can predict precisely, the price of bitcoin is determined by the amount of demand and sales in the market, I think the current bitcoin price has stabilized at $ 6000

YinShuiSiYuan

hero member

Activity: 1680

Merit: 505

Quote from: mung_nasib on August 16, 2018, 03:33:57 PM

I don't think bitcoin will continue to decline so that in difficult situations now traders may be obliged to hold bitcoin assets in the next few months if they want to create great success later.

Price drops happen all the time. This is the nature of the market. It is impossible to predict exactly how much the price will fall. We can only speculate, because something unforeseen may happen, which will affect the price increase or decrease.

playbtcgame

full member

Activity: 258

Merit: 100

Co-founder Love Air Promise

I personally do not have speculated amount or percentage of fall the coins have to reach. Butcoin is absolutely down and what needs to be done is to hodl. Do not sell before you regret.

boyz97

full member

Activity: 658

Merit: 106

Quote from: malah on August 17, 2018, 07:51:09 AM

bitcoin prices are difficult to predict and I don't care how much more bitcoin prices will go down because I believe that bitcoin will survive and will soon recover and have a high price again

althoug market going down and much people scared about this, we have to believe to its developtment and massive adoption in future.if this think can be happen, i am sure its price will jump.

malah

full member

Activity: 518

Merit: 100

bitcoin prices are difficult to predict and I don't care how much more bitcoin prices will go down because I believe that bitcoin will survive and will soon recover and have a high price again

Hiltohen

newbie

Activity: 76

Merit: 0

Quote from: leonarda on August 16, 2018, 01:54:17 AM

It can go to about $5000 and then recover. However, I do not agree that it is dead or is going to collapse anytime soon.

Of course it is not dead and I do not think it will go down to less than $6000. Right now the value is some $300 more than the $6000 and the price shows the signs of stability in the market. Besides, even still a rise of demand is possible as the technology just got expanded and accepted by Thailand and this expansion is much needed because we have had a down market since the start of the year and a rise in the crypto in general and Bitcoin in particular is needed.

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