Price Drops are only temporary right? - page 3.

ArIMy11

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Quote from: xPASTELx on November 10, 2017, 08:48:42 AM

I mean forks are there and if it goes over it it will increase price right?

Everything here is not fix. If it is not up it is down, something like if it not yes then it is no, if not true then false. If it drops then next thing to happen is to pump but the sad thing is we do not when to switch from drop to pump and vice versa. Furthermore, it is also a sad thing if even though bitcoin pump it does reach the last highest price it reach before the drop.
Right after I get involve my life into bitcoin I did not remember that the price of bitcoin or any other coin stays or remains or did not fluctuate in a single day or even an hour. I love to monitor prices that is why I say it but even you did not monitor it, you can also prove it.

nelsledma

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Quote from: BossMacko on November 10, 2017, 10:12:05 AM

Maybe temporary maybe no. In my opinion of course i would like the price to go up so that i will profit from my investment but if price falls down very hard then i will not blame myself for not selling because i am trusting Bitcoin and i know the risk that i took before investing on it.

The drop in the price is temporary .the possible reasons include a never ending list but the most obvious of them is the difference in the demand and supply rate.

It is obvious that a large number of Btcs are issued in a day which lets the crypto market down because supply has exceeded the demand rate and hence the interest in the exchange markets have moved towards stability because lesser people invest in the currency at that time.

traderethereum

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Quote from: RAmondragon on November 18, 2017, 07:07:53 AM

Bitcoin is unpredictable although right now everything is really doing good and I think it will continue for the succeeding years. But we cannot really tell due to volatility.

you are right and i am agree with the price drops are only for temporary because the price will be increase again after the drops. we have seen this many times and i think we have a lot of experience with the price and if we can be patience then we can make big profit in the end. but sometimes, the price is drop too far and makes us confusing and make fast selling because we don't want to get big loss and after we selling our bitcoin, we can buy again at lower price and we can hope to make another profit.

worle1bm

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Quote from: xPASTELx on November 10, 2017, 08:48:42 AM

I mean forks are there and if it goes over it it will increase price right?

When we are dealing in crypto currencies then future success is not guaranteed because its to risky the price may go up or down in a while leaving you with nothing. Although this year was great for btc but some are not Inspire of hard fork price went down and recover within short span of time and after the Cancellation or postponement of B2X the price is going up but nothing is pre-determined in this case.

RAmondragon

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Bitcoin is unpredictable although right now everything is really doing good and I think it will continue for the succeeding years. But we cannot really tell due to volatility.

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Quote from: Vaskiy on November 17, 2017, 06:21:19 AM

Fluctuations happen commonly and very rarely this ends up in price drops. Rest of the time mostly the price increase takes place. Price fall is temporary, and the recent price move of bitcoin is the proof for the same. The same doesn't take place with altcoins. Yes, it's good to use the opportunity and buy at the right time.

Everything is temporary in crptocurrency the price may rise or fall according to the demand of the coin.As you said the price fall is hardly occurs in bitcoin rest of the time price keeps increasing but no one can predict the future as of now bitcoin investment is fine and everyone hope that it will be always fine too.So keep investing on bitcoin by hoping that the price will always increase.

ThunderCatSteve

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Quote from: Activitycoin on November 12, 2017, 08:50:52 AM

Quote from: Inkdatar on November 10, 2017, 06:05:04 PM

Quote from: Mehedi72 on November 10, 2017, 03:23:06 PM

Yes mate its just temporary. I believe in bitcoin. Now although the price of Bitcoin already dump much & 1 Bitcoin equals 6.8k US Dollar. Possible to go down more but i hope bitcoin will able to recover its price within 1 month. So not to worry

This is the always risks by holding bitcoin that price suddenly crashing below $7k. But I think this is temporary and shall pump with time. Bitcoin always volatile so I think it can recover again and yes we shouldnt worry.

Yes indeed it’s on temporary base because bitcoin is a digital currency and its related with market trade in foreign exchange if trade is good and high so the price of bitcoin will be high but if trade is low so the price will be also low so no need to worry about it its normal and bitcoin prices will come back and then we can take advantage from it.

As this is the beginning of the progress of bitcoin and these pumps and dumps are occurring to give chances to the people to buy and sell their coins and when more time will pass the dump ratio will be low and then the only thing will happen to bitcoin is rise in its prices so buy in these dump situation so that you will be able to survive easily in future and these dump are the chances to buy so don’t worry these ae temporary.

Vaskiy

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Fluctuations happen commonly and very rarely this ends up in price drops. Rest of the time mostly the price increase takes place. Price fall is temporary, and the recent price move of bitcoin is the proof for the same. The same doesn't take place with altcoins. Yes, it's good to use the opportunity and buy at the right time.

hugeblack

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i think days answer you but as general bitcoin proof it is more strong than any other altcoins and will survive longer .

price now pumping and may be hard to back down to it is normal price soon .

so when price increase it is better to sell bitcoin ,when down better to buy all time good to earn from bitcoin

sclmte

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Quote from: Rooster101 on November 14, 2017, 06:11:00 AM

Just like in the past, cryptocurrency prices are always fluctuating and corrections are part of it. They are subject of speculations that affects the movements of their price. Price drops in bitcoin and other cryptocurrencies will not last long and it will rebound again.

Yes i agree. As we all know that its price drops are only temporary. Bitcoin is in fluctuating rate daily but it will surely bounce back to its normal or even more than its normal price. We just need to be patient with it. For those traders out there it is their best chance to buy when the price is low. And sell when the price will rise.

ivrynx

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Don't look at price drops as a temporary thing, you should look at it as a normal thing when it comes to investments, if you say it is temporary, then what is the permanent thing thing i bitcoin? The price of bitcoin is volatile, it goes up and down, depending on the valuation of bitcoin, we just need to study more thr market and be updated, so as not to panic whenever you see the price is dropping, since it always happens to all investments, even in bonds, so no need to worry.

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Of course yes. Now btc price is increasing and now 1 Bitcoin equals upto 7.9k US Dollar. Bitcoin price is now increasing so fast that i think it will be 2x of its price within the middle of 2018

dobladi

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Quote from: xPASTELx on November 10, 2017, 08:48:42 AM

I mean forks are there and if it goes over it it will increase price right?

Based on what usually happens, it is really temporary. I also think that the reason why its value is falling right now is because the hardfork for this month was cancelled and it might negatively affevt its demand in the market. But Bitcoin already gone though lot of ups and downs through the years of development and this time, it will surely recover .

Rooster101

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Just like in the past, cryptocurrency prices are always fluctuating and corrections are part of it. They are subject of speculations that affects the movements of their price. Price drops in bitcoin and other cryptocurrencies will not last long and it will rebound again.

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Quote from: ladydark on November 12, 2017, 01:24:21 PM

Quote from: xPASTELx on November 10, 2017, 08:48:42 AM

I mean forks are there and if it goes over it it will increase price right?

Nowadays,forks are made not for the benefit of bitcoin,but for their own interests.The only benefit from a fork is for the buyer who waits to buy bitcoin on a price dip and due to panic selling before the fork,price falls and cheap bitcoins could be bought.But nowadays,this trend has changed and people buy more bitcoins before the hard forks to claim free coins and so,nowadays,bitcoin price rises before the hard fork.

It is just a simple look, although your words is not wrong all, but you must to know the Bitcoin miners are the people can get most benefit from hardfork. If they can not get good benefit, they will cancel the hardfork as SegWit2x recently.

ladydark

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Quote from: xPASTELx on November 10, 2017, 08:48:42 AM

I mean forks are there and if it goes over it it will increase price right?

Nowadays,forks are made not for the benefit of bitcoin,but for their own interests.The only benefit from a fork is for the buyer who waits to buy bitcoin on a price dip and due to panic selling before the fork,price falls and cheap bitcoins could be bought.But nowadays,this trend has changed and people buy more bitcoins before the hard forks to claim free coins and so,nowadays,bitcoin price rises before the hard fork.

Drnice

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Quote from: xPASTELx on November 10, 2017, 08:48:42 AM

I mean forks are there and if it goes over it it will increase price right?

At most times, the price of bitcoin increases very high before the fork, then when the fork comes, the price drops (2-3 days before the fork), which is setting a new price balance, and after the fork, the price will rise and keep rising.

Gotottack

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Quote from: appleffi on November 10, 2017, 08:54:23 AM

Quote from: xPASTELx on November 10, 2017, 08:48:42 AM

I mean forks are there and if it goes over it it will increase price right?

Everything is temporary, change is inevitable in this kind of investment. Not just the price drop but also the price increase, these are all temporary. The only certain is your decision to take the risk. If you can't handle it then don't enter yet.

I totally agree. In the same vein, our attitude towards our outlook in our investments must at all times be adaptive to change. We have to be capable of adapting and accepting any situation at any given time. Nevertheless, I am hoping the price drops do not reach rock bottom because I do have investments that I opted to hold in anticipation of bigger prices before the year caps off.

superjeyy

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Quote from: Ewox on November 10, 2017, 09:35:43 AM

Everything is always temporary and Bitcoins price constantly fluctuates so basically the price drops are temporary as well. Time will tell and Bitcoin will then again reach a new all time high again before December comes. But since the Segwit2x was cancelled, it changed the pathway of Bitcoin and made way for the Altcoins which are now trying to increase its price while Bitcoin is slowly decreasing.

The sudden drop of the Bitcoin rate was a little devastating to handle since there were a lot of rumors about it that caused people to panic and do impulsive actions, which may or may not result to their advantage. I believe that what Ewox said is true, we should remain optimistic despite of the circumstances Bitcoin is currently facing. We are all aware that the nature of Bitcoin is truly unpredictable due to its volatility, however we also know how great Bitcoin is when it comes to recovering and having its comeback. Hence, in this time of despair due to the huge price drops, we should remember that this is just temporary. It may be worse, but let's attract the positive vibes so that the outcome of this situation will be favorable to us all. We just all have to be patient and things will be smooth again, sooner or later.

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Quote from: pinoyden on November 10, 2017, 09:21:29 PM

Quote from: Inkdatar on November 10, 2017, 06:05:04 PM

Quote from: Mehedi72 on November 10, 2017, 03:23:06 PM

Yes mate its just temporary. I believe in bitcoin. Now although the price of Bitcoin already dump much & 1 Bitcoin equals 6.8k US Dollar. Possible to go down more but i hope bitcoin will able to recover its price within 1 month. So not to worry

This is the always risks by holding bitcoin that price suddenly crashing below $7k. But I think this is temporary and shall pump with time. Bitcoin always volatile so I think it can recover again and yes we shouldnt worry.

its normal to see bitcoins value to go down and crash but we cant still be confident and say that it will be back again and recover to its base stable price because we cant see what willl happen on the next day , thats why im still worried that bitcoin can crashed permanently and pop like a bubble just like what others said. therefore im slowly cashing out some of my coins to ensure my safety if something un-usuall will happen.

I have the same fear also sometimes whenever the price goes down especially when it is rapid. Although it is normal to experience some price dips and corrections, we can never really tell if the price will continue to go down, if it will recover and go up again or if we will experience a crash. Anything may happen at any point so it's best to be prepared for anything. Of course, ideally, prices should go up every time it goes down but there's no assurance in saying that.

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