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Topic: Is Bitcoin Crashing? (Read 407 times)

hero member
Activity: 1568
Merit: 502
February 27, 2018, 08:18:09 AM
#51
Have anyone know that Bitcoin itself have "0" value. But user interest and demand takes bitcoins price to skyrocket. My own conclusion was bitcoin will hit $10000 by 2020. But its moves too fast.

According to current market price of Bitcoin and dominance of Bitcoins in global market, it will reach to new height in coming years, as more and more businesses, corporate, and individuals are moving towards decentralized technologies. So I don't think that Bitcoin is crashing rather I would like to say that its an exchange value correction phase of Bitcoin.
full member
Activity: 310
Merit: 103
Rookie Website developer
February 27, 2018, 08:08:06 AM
#50
Bitcoin has been really successfull trough out the years that pass, though from that it has also its ups and downs, but we can say, bitcoin can crash but not that easy. bitcion can still rock the internet
member
Activity: 238
Merit: 10
February 27, 2018, 07:17:32 AM
#49
Is Bitcoin Crashing? It might go down but eventually as days pass by it will go up bitcoin is never gonna be stable and no one really knows. bitcoin has been cost more than $20,000 and i think it is impossible for bitcoin to crash but as i have said bitcoins price might go down but eventually it will rise above just like what happen way back years ago.  Grin


Cryptocurrency is very fluctuating currency so its down and up.
the fast pace of the prices going up and down is crazy as compare to traditional markets. The crashing of bitcoin is actually a healthy correction after weeks of growing non stop since nov/dec 2017.
sr. member
Activity: 489
Merit: 250
February 27, 2018, 07:13:28 AM
#48
Is Bitcoin Crashing? It might go down but eventually as days pass by it will go up bitcoin is never gonna be stable and no one really knows. bitcoin has been cost more than $20,000 and i think it is impossible for bitcoin to crash but as i have said bitcoins price might go down but eventually it will rise above just like what happen way back years ago.  Grin
full member
Activity: 406
Merit: 100
February 27, 2018, 07:05:05 AM
#47
It's a major correction which has happened in the market, this is market cycle creating highs and lows. It doesn't mean it's crashing instead it's trying to give more momentum before it makes new highs again, that what I understand from this kind of volatility. We all know the volatility of crypto market and its higher than forex market as well. Patience will define fly reap profits in the long run.
member
Activity: 196
Merit: 10
February 27, 2018, 06:44:51 AM
#46
From the last month, yes it is definitely crashing but this downfall is very normal, I think this is because of the high bitcoin price last december 2017, there are many sellers than buyers so the price is going down.
newbie
Activity: 67
Merit: 0
February 27, 2018, 03:37:57 AM
#45
It's true that Bitcoin has plummeted from 20K to 15K to10K to 6K. Many people would call that a crash. However, the price is increasing again and will soon reach 12K. After the G20 discussion on cryptocurrencies in March, the price may increase to 15K if the outcome is positive.


Bitcoin may experience a dramatic drop of its value upon entering 2018. But little by little Bitcoin strives to climb up the ladder to recover from the fall. But through the continuous support of Bitcoiners and promotions of it success will be attain. Never lose hope.

Bitcoin is the only currency without owner- no way some alt would top it and btc can only go up
newbie
Activity: 42
Merit: 0
February 27, 2018, 03:36:06 AM
#44
Now there are so many ways to earn money on crypto currency. I recommend investing in bitcoins
hero member
Activity: 798
Merit: 500
February 26, 2018, 04:52:09 PM
#43
It is crashing or correcting depending on how you define these terms, or how long you intend to invest. I believe the markets are waiting for the Lightning Network to be implemented. If it proves a success, the next target is 25 to 50k.
Bitcoin does surely manage to moved its price on the market where it has a form of maging it's price to have a better way of establishing where it only need to established the stock of Bitcoin and have a good manage the transactions. So technically Bitcoin does not experiencing crash it is just a process to help it's price or value to develop.
newbie
Activity: 154
Merit: 0
February 26, 2018, 04:50:48 PM
#42
It's true that Bitcoin has plummeted from 20K to 15K to10K to 6K. Many people would call that a crash. However, the price is increasing again and will soon reach 12K. After the G20 discussion on cryptocurrencies in March, the price may increase to 15K if the outcome is positive.


Bitcoin may experience a dramatic drop of its value upon entering 2018. But little by little Bitcoin strives to climb up the ladder to recover from the fall. But through the continuous support of Bitcoiners and promotions of it success will be attain. Never lose hope.
full member
Activity: 266
Merit: 151
First crypto index traded as a token!
February 26, 2018, 04:45:16 PM
#41
It's true that Bitcoin has plummeted from 20K to 15K to10K to 6K. Many people would call that a crash. However, the price is increasing again and will soon reach 12K. After the G20 discussion on cryptocurrencies in March, the price may increase to 15K if the outcome is positive.
hero member
Activity: 2870
Merit: 594
February 26, 2018, 04:17:34 PM
#40

Bitcoin has taken a deep dive in value and price, most people dint expect this to happen but it has, this is by no means a reflection that BTC is crashing, The market force can cause lots of instability in a market as volatile as the crypto market, and prices may take sudden and significant change but it by no means shows the end of a currency is near,. with the deep in price, BTC still remains the most valuable coin and will surely bounce back, stronger than before.

I mean that dip has to be expectation specially when bitcoin reaches all-time-high and you will noticed that there are a lot of irrational buyers that time so it's just a matter of when we are going to see it. So it did happened beginning of the year and although we bottom at around $6K we have somewhat recovered.

However, there are people who's mentality is to see that bitcoin will grow on forever, No, the market doesn't work that way. It needs some correction along the way to be able to move further and grow exponentially.
sr. member
Activity: 1064
Merit: 250
★Bitvest.io★ Play Plinko or Invest!
February 26, 2018, 04:09:59 PM
#39
1 — Bitcoin jolted by regulation worries, tumbles 11% on extended sell-off

Bitcoin plummeted below $10,000 this week, half what it was worth at its peak, because investors are afraid regulators might clamp down on the volatile cryptocurrency. The price of bitcoin, the world’s biggest and best-known cryptocurrency, fell to as low as $9,500 on the Luxembourg-based Bitstamp exchange, the lowest since December 1. (Source: Fox Business)

Why this is important for your business:

As I write this – and for all I know – Bitcoin may have doubled in value.  But that’s the point. Digital currencies are absolutely the future and if you’re running a small business you need to pay close attention as to when you’ll start accepting these in some form.  But, given the extreme volatility of these assets that time is still far in the future.

Do you think bitcoin is really crashing?

Source: https://www.forbes.com/sites/quickerbettertech/2018/01/21/is-bitcoin-crashing-and-other-small-business-tech-news-this-week/#cd382fc2e1bd

To be honest as of now bitcoin is crashing as you can see the price of bitcoin last year is amazing now the price of bitcoin is 9k dollars , but still increasing. I think our bitcoin is just warming up for the year 2018 , and don't worry bitcoin will increase again though.

I'm of the same opinion as you. Bitcoin will soon cost more than 20k. All because the interest in blochain has not died out, but on the contrary even more. But today I'm more worried not for Bitcoin, but for ALTs. On part of the funds I want to buy more altcoins.

hero member
Activity: 2086
Merit: 501
★Bitvest.io★ Play Plinko or Invest!
February 26, 2018, 10:04:38 AM
#38
1 — Bitcoin jolted by regulation worries, tumbles 11% on extended sell-off

Bitcoin plummeted below $10,000 this week, half what it was worth at its peak, because investors are afraid regulators might clamp down on the volatile cryptocurrency. The price of bitcoin, the world’s biggest and best-known cryptocurrency, fell to as low as $9,500 on the Luxembourg-based Bitstamp exchange, the lowest since December 1. (Source: Fox Business)

Why this is important for your business:

As I write this – and for all I know – Bitcoin may have doubled in value.  But that’s the point. Digital currencies are absolutely the future and if you’re running a small business you need to pay close attention as to when you’ll start accepting these in some form.  But, given the extreme volatility of these assets that time is still far in the future.

Do you think bitcoin is really crashing?

Source: https://www.forbes.com/sites/quickerbettertech/2018/01/21/is-bitcoin-crashing-and-other-small-business-tech-news-this-week/#cd382fc2e1bd

To be honest as of now bitcoin is crashing as you can see the price of bitcoin last year is amazing now the price of bitcoin is 9k dollars , but still increasing. I think our bitcoin is just warming up for the year 2018 , and don't worry bitcoin will increase again though.
newbie
Activity: 177
Merit: 0
February 25, 2018, 10:25:26 PM
#37

Bitcoin has taken a deep dive in value and price, most people dint expect this to happen but it has, this is by no means a reflection that BTC is crashing, The market force can cause lots of instability in a market as volatile as the crypto market, and prices may take sudden and significant change but it by no means shows the end of a currency is near,. with the deep in price, BTC still remains the most valuable coin and will surely bounce back, stronger than before.
full member
Activity: 518
Merit: 100
February 25, 2018, 10:19:49 PM
#36
1 — Bitcoin jolted by regulation worries, tumbles 11% on extended sell-off

Bitcoin plummeted below $10,000 this week, half what it was worth at its peak, because investors are afraid regulators might clamp down on the volatile cryptocurrency. The price of bitcoin, the world’s biggest and best-known cryptocurrency, fell to as low as $9,500 on the Luxembourg-based Bitstamp exchange, the lowest since December 1. (Source: Fox Business)

Why this is important for your business:

As I write this – and for all I know – Bitcoin may have doubled in value.  But that’s the point. Digital currencies are absolutely the future and if you’re running a small business you need to pay close attention as to when you’ll start accepting these in some form.  But, given the extreme volatility of these assets that time is still far in the future.

Do you think bitcoin is really crashing?

Source: https://www.forbes.com/sites/quickerbettertech/2018/01/21/is-bitcoin-crashing-and-other-small-business-tech-news-this-week/#cd382fc2e1bd

Don’t believe in any rumors about the crash of Bitcoin. Bitcoin is developing further. We don’t know the adequate price of this coins now. That’s why the price is fluctuated. Don’t be worried about BTC. It will survive.
full member
Activity: 420
Merit: 110
February 25, 2018, 08:33:16 PM
#35
The drop from almost 20K to 6K was a major correction. It was needed until the bull run all the way to 20K in 2017. It happened too fast and needed to be corrected. 2017 was a crazy year. When 2017 started, some people's expectations were for BTC to finally get past the all time high of USD 1,216 from 2013 and instead it went from barely 1K in January 2017, to almost 20K in December, 2017. However, every bull run has a price correction ad if we look at past prices it took BTC almost 3 years (from 2014) to finally break the 1K mark again (so to me it makes sense for it to be struggling to get past the 10K mark right now).

Maybe 2018 won't see such a bull run, maybe it will make it past its previous record. In the meantime I am happy with the somewhat "stable" prices from the past couple weeks.
newbie
Activity: 229
Merit: 0
February 25, 2018, 06:10:13 PM
#34
bitcoin does not crash, in my opinion this is a normal condition, bitcoin always decreases at the end and the beginning of the year.

many people are panicked because of this condition, so they prefer to sell it and some go for another altcoin.

I personally still keep bitcoin in my wallet, and I'm sure it's a good crashing to buy more bitcoins.
full member
Activity: 238
Merit: 100
February 25, 2018, 05:57:43 PM
#33
No one thinks that for real. Everyone just pretends that it is, so they can buy cheaper. Especially big players as banks, institutions and whales. Don't fall for the FUDs.
member
Activity: 362
Merit: 10
February 25, 2018, 05:53:07 PM
#32
Nope it's just a retracement needs to sit there for a long time just wait it will bounce back, Patience is the key for that buy an hodl so that you can harvest your profit after this bear market.
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