Is Bitcoin Crashing? - page 3. | Bitcointalksearch.org

xiaohao111

jr. member

Activity: 126

Merit: 5

Quote from: PlusCoinINK on January 23, 2018, 12:39:56 AM

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

I don't think bitcoin has collapsed, it's just a normal adjustment. In the past few months, the price of bitcoin has risen so fast that it needs to stop and adjust in time. When the adjustment is over, it will soon return to normal and rise again.

rodalutor

full member

Activity: 364

Merit: 105

WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN

Quote from: PlusCoinINK on January 23, 2018, 12:39:56 AM

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

Two things:

1. I don't think bitcoin is crashing, I think it's just a minor correction after a near 100% recovery in under 2 weeks, expect it to be back up towards 12k in a week's time.

2. Volatility really shouldn't be a major concern for small businesses, they can accept cryptocurrencies but on a usd valuation and convert any crypto they receive in to usd (or whatever currency they use) instantly so as to negate any risk.

lorylore

legendary

Activity: 1470

Merit: 1002

Welcome to crypto, 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.

Saiful Islam777

newbie

Activity: 238

Merit: 0

Due to some risks in some countries it is closed in the current market. But it will be spent in a very short time. Hopefully, the validity of the Bitcoin usage will be verified and validated.

Mohamme

member

Activity: 224

Merit: 10

Bitcoin, I think, has caused a big drop because of national regulation and facebook's ban on ICO advertising.
Investors in the entire cryptocurrency market have lost confidence, but as countries' friendly policies toward bitcoin continue, the bitcoin will rise again.

secondgarlic

member

Activity: 112

Merit: 16

Quote from: trumper on February 10, 2018, 10:40:52 AM

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.

What $6000 are you talking about? As of right now, the price is $8400, and the overall trend over the past few days has been positive. I agree that what bitcoin experienced was a crash, but this may be the beginning of a recovery.

trumper

full member

Activity: 406

Merit: 102

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.

viollo

newbie

Activity: 30

Merit: 0

Bitcoin crashing? It depends on your point of view... compared to 2nd half of december, yes... in general, no... it's keeping a rage within 10k +/- which is not a crash. Crashing for me would be under 7k...

2Godbdglory

newbie

Activity: 112

Merit: 0

Is bitcoin crashing? The yes and no of thus question depends on us the bitcoiners. It does not require government help to execute bitcoin. Its crashing really depend on u

pushups44

sr. member

Activity: 854

Merit: 281

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.

PlusCoinINK

member

Activity: 112

Merit: 15

PlusCoin [ICO 10 September-10 November]

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

Topic: Is Bitcoin Crashing? - page 3. (Read 414 times)