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Topic: Is Bitcoin Crashing? - page 2. (Read 411 times)

member
Activity: 280
Merit: 10
February 25, 2018, 05:41:55 PM
#31
Until a regulatory framework for regulation of bitcoins and riptovality are created, these jumps and falls will continue.
member
Activity: 1022
Merit: 69
February 25, 2018, 05:26:10 PM
#30
Bitcoin will drop . I bet 4000 $ =1BTC
You might have your answer too long from now. People will dump Bitcoin though not everyone knows when.

not really it have to be done faster than u think. This market is a full of "panic people" .
full member
Activity: 266
Merit: 100
Partner of UBER GRAB GOCAR
February 25, 2018, 04:16:36 PM
#29
Bitcoin will drop . I bet 4000 $ =1BTC
You might have your answer too long from now. People will dump Bitcoin though not everyone knows when.
sr. member
Activity: 1064
Merit: 250
★Bitvest.io★ Play Plinko or Invest!
February 25, 2018, 04:06:23 PM
#28
I don't think that BTC crashed. It's look like on crash classic bubble. But fall no be forever. Correction will end sooner or later and we will go up. Now I'm looking for what to buy among altcoins. Apart from the top 10 I liked the idea and practical application of the Siberian chervonets (SIBcoin). Good price and choice to get money.
member
Activity: 1022
Merit: 69
February 25, 2018, 03:41:18 PM
#27
Bitcoin will drop . I bet 4000 $ =1BTC
legendary
Activity: 3248
Merit: 1179
February 25, 2018, 03:38:58 PM
#26
The entire cryptocurrency market is going through the market correction. it is not a big deal, it is absolutely normal for the market to go through correction as it will do recover over small period of time. 

its just that noobs to crypto are not used to such large corrections.

Bitcoin was pronounced dead many times, when ever bitcoin start to rise some group start to spread fud. Many people are not use to large fluctuations. I wouldn't call them correction, market moves in direction that demand and supply moves, and large whales have enough bitcoins to create situations where supply overcome demand.
Bitcoin is not crashing, bitcoin doesn't have corrections its just current state of public needs and wishes. Bitcoin popularity in last year attracted many new people, big whales used that. Now many people bought on top and they wait higher price, whales are satisfied and market is stable again. Wait for next train for ATH it will not come fast maybe but it will come.
legendary
Activity: 1918
Merit: 1001
February 25, 2018, 03:24:56 PM
#25
The entire cryptocurrency market is going through the market correction. it is not a big deal, it is absolutely normal for the market to go through correction as it will do recover over small period of time. 

its just that noobs to crypto are not used to such large corrections.
full member
Activity: 694
Merit: 108
santacoin.io
February 25, 2018, 07:51:13 AM
#24
The entire cryptocurrency market is going through the market correction. it is not a big deal, it is absolutely normal for the market to go through correction as it will do recover over small period of time. 
member
Activity: 266
Merit: 10
February 25, 2018, 07:47:42 AM
#23
BTC has broken down, the good market is coming soon, BTC is now at the bottom of the price, hold your BTC for a long time, the good opportunity will come soon.

sr. member
Activity: 686
Merit: 253
February 25, 2018, 07:33:53 AM
#22
Yes it is crashing, from $20.000 to $6000 don't you think it is crashing? I think it is not done yet, it will crash to $5000 and can't rise for months. No profit for most people.

So how will you describe its current rise back to 10k$? is it still crashing or appreciating? I think the value in figures of bitcoin remains the same no matter you describe it in fiat. In that sense i wouldn't say it crashed or has ever crashed but fluctuating as its associated with almost every currency or commodity on the stock exchange.
sr. member
Activity: 700
Merit: 350
Betting Championship betking.io/sports-leaderboard
February 25, 2018, 06:22:26 AM
#21
I don't understand why people keep saying that a 10% drop is a crash, and that a 10% increase is an amazing bull run. People keep forgetting this is crypto, and that crypto markets are incredibly volatile. It's perfect normal to have these variation inside cryto markets, and this is just normal behavior right now. We had dips of 80% during these past years, but people keep comparing crypto to normal markets, but even in those normal markets, people seem to forget how volatile they were in the beginning as well.

Bitcoin might have around 10 years, but it's still in it's infancy. We keep hearing that, but everyone seems to forget it when they see 10% drops and increases in it's price. We still have low liquidity, and a lot of speculation because most people don't even know what BTC is. There is no reason to panic in my opinion, and if you look at bitcoin daily chart you would see that although those candles represent big moves (percentage wise), they look very healthy, and are quite similar to stock charts. Everything is fine with bitcoin, and there is no reason to worry.
hero member
Activity: 2842
Merit: 772
February 25, 2018, 06:14:37 AM
#20
More of a market correction for me. Crashing is when the price plummeted more than 40% which we witnessed in January and early February. But since then we bounce back above $11K and then when into another correction below $10K.

I guess everyone by now should embrace how the market moves. Its very volatile and just 1 negative news is enough to ripple and cause a lot of negative effect.

But then again, no one has really thought that around $20K is possible, but we did it last year. Maybe this year around, we might not gain that much, but I'm pretty sure that we can go touch a new all-time-high of above $20K.
legendary
Activity: 1918
Merit: 1001
February 25, 2018, 06:04:36 AM
#19
Its normal that bitcoin market is crashing as many people are trying to crash it with fake news and governments are banning/restricting bitcoins as well as other cryptocurrencies.  However, correcting process is also showing good results but seems like negative energy is more in the market than positive energy. Soon we will seen bitcoin going towards 40K+$ by the end of the year.

I remember bitcoin was less than $1000 a year ago, then hit $20K in December.
At that rate, this is entirely possible
jr. member
Activity: 46
Merit: 1
February 24, 2018, 11:48:15 PM
#18
Its normal that bitcoin market is crashing as many people are trying to crash it with fake news and governments are banning/restricting bitcoins as well as other cryptocurrencies.  However, correcting process is also showing good results but seems like negative energy is more in the market than positive energy. Soon we will seen bitcoin going towards 40K+$ by the end of the year.
legendary
Activity: 1918
Merit: 1001
February 24, 2018, 11:42:58 PM
#17
First thing first - I feel regulation is good for the markets as it ensures public confidence in exchanges and its use etc, so i think its purely FUD.
hero member
Activity: 966
Merit: 515
One of the world's leading Bitcoin-powered casinos
February 24, 2018, 11:36:56 PM
#16
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
Just see back in the 2-3 year back when price of the one bitcoin was about 400$ then at that time change in price of 1 btc with 50-60$ was common thing , now in these days price is much high than what was in the history and now in that comparison price of bitcoin fluctuations by 100-300$ is very small % dump and pump , so why we are seeing this down as crash of the market of bitcoin .
But we should see it as a quality of the bitcoin that is giving us opportunity to buy at low price and then sell at small pump in the price .
And also if we will use word crash crash then surely I don't think it will be profitable for all cryptourrency users Because crash word will give negative impact on the market of bitcoin and also at the mentilty of the newbie bitcoiners and that will leads into panic and so may be  many people will try to sell their coin at same time and that will result into real crash of bitcoin market .
legendary
Activity: 1596
Merit: 1005
★Nitrogensports.eu★
February 23, 2018, 01:37:24 PM
#15
Here we go again with the same question...
 
When will you realize that volatility of bitcoin and the fact that crypto market is totally unregulated and susceptible to all kinds of manipulation or drama is what making price goes up or down?
Bitcoin is not crashing, the people are making it looks that way. Bitcoin rose too fast to $20k, no one expected it to happen in 2017. It is only natural that the price corrected itself.
Not to mention that the price has been influenced by additonal random negative news from Korea and India.
full member
Activity: 196
Merit: 102
February 23, 2018, 01:11:18 PM
#14
Apparently we are currently shaking out the weak hands and if that is true we should be almost done because alt prices are not much higher than they were in early December. I will wait for confirmation though before buying any alts, something I did not do last time in January Undecided.
legendary
Activity: 1414
Merit: 1039
February 23, 2018, 01:02:59 PM
#13
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

No. Bitcoin always corrects itself by some amount after any large gain. The correction was bound to come after we jumped 4,000 dollars from 6k to 10k. Currently, bitcoin is back past 10k, so I don't see how so many people jumped to the conclusion of a crash.

I like how you added a statement that goes past whether or not bitcoin goes up or down after you post this. I agree that the volatility can move people away from the coin, but the volatility can work in favor of businesses. Furthermore, I believe that there can be coins created that have a much more stable price.
member
Activity: 266
Merit: 32
February 23, 2018, 01:01:42 PM
#12
Yes it is crashing, from $20.000 to $6000 don't you think it is crashing? I think it is not done yet, it will crash to $5000 and can't rise for months. No profit for most people.

Those could be "rich scammers" who are buying Bitcoin at $3000 and pushing the price up fraudently.

Look at $2 Billion scam in Indian banks last week. A billionaire and big companies did the scam.
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