Is 2018 the downfall of bitcoin? - page 35.

Red-Apple

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Quote from: kjnfmplm on January 21, 2018, 04:55:56 AM

*Newbie Here!* Because of fluctuations in the value of bitcoin, is 2018 going to be the biggest downfall of bitcoin? What do you think?

being a newbie is not an excuse for not checking the history of bitcoin.
to put simply price has always been fluctuating like this and has been pretty volatile. in fact it has been a lot more volatile than what you are seeing these days.
the volatility is a part of the small bitcoin market and as it grows, the volatility is also decreasing. as i said if you check the history by looking at some pr ice charts you will see this clearly.

finally i should remind you that being volatile is not the end of something! that doesn't even make sense if bitcoin has a "downfall" as you put it just because its price is not increasing and decreasing with your standards that you have in your head.

Naficopa

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Quote from: kjnfmplm on January 21, 2018, 04:55:56 AM

*Newbie Here!* Because of fluctuations in the value of bitcoin, is 2018 going to be the biggest downfall of bitcoin? What do you think?

Bitcoin price fluctuates all the time. From time to time there's a correction which is normal for the market. And then the price increases again. Just look at the charts from previous years. That's why bitcoin will not downfall.

NoviceInvestor

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I'm not too familiar with Bitcoin and other cryptocurrencies.

But, my experience in other markets makes me think this:

Absolutely nobody knows if 2018 will be the downfall of Bitcoin. Nobody. No matter who they are or what they say.

And, we will not know if 2018 will be the downfall of Bitcoin until the 31st of December 2018. And even then, if it has crashed, it might suddenly rally and start going up hand over fist in 2019.

Once markets detach from fundamentals they become utterly unpredictable.

crypto_sagor

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Renewable Energy Cryptocurrency

I saw a Facebook post that Bitcoin was down in the beginning of 2015 and it is very high at the end.
The year of 2016 is the same. And in the year 2017 I saw myself.
Now it is my point that at the beginning of 2018, 2 times the price has decreased, then maybe a major price increase in the next few months or at the end of the year 2018.

shi07

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Long Live BTC

I don't think so. Bitcoin is a strong crypto currency being itbas thebfirst digital currency. It have surpassed all thru the years and have shown positive price increase. Although we experience fluctuation, it's normal and for sue btc will recover from it.

Taqi Ahmad

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Quote from: kjnfmplm on January 21, 2018, 04:55:56 AM

*Newbie Here!* Because of fluctuations in the value of bitcoin, is 2018 going to be the biggest downfall of bitcoin? What do you think?

I don't think so that Bitcoin is going to be downfall in 2018. Why I say like that? Because more people who join and access bitcoin, so it's going to be uptrend as well as the value is rising. This is the proof that in 2018 to the future bitcoin will the biggest crytocurrency uptrend. Bravo BTC!!!

Jmabion134

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i think no, in just little dump of bitcoin it will continue the dumping?no its not it also pump because many people will encourage for using bitcoin because they want to earn money and for their future and i know the bitcoin future is so great it rise up to million

ruzadovec

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i don't think so. bitcoin will improve the speed of the transaction and it will become more popular in the world.

mk4

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Paldo.io 🤖

Why'd you say that 2018 is bitcoin's downfall? Because it dropped in price? Bitcoin's price has been hugely fluctuating in price since forever; and price doesn't determine the success of bitcoin. Lightning network isn't even being currently used besides for testing, so I'd say bitcoin is just getting started.

Toden1379

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I would suggest that you check the historical price of bitcoin dating back maybe 2 years or so and you will see that it is common for BTC to fluctuate. Given that it goes down dramatically if there is FUD like banning or regulations being implemented. Vice versa when there is good news. But as the saying goes, nobody can tell what 2018 holds for BTC. What we need is faith in the technology and patience.

kjnfmplm

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*Newbie Here!* Because of fluctuations in the value of bitcoin, is 2018 going to be the biggest downfall of bitcoin? What do you think?

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