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Topic: What can you say about the low price of bitcoin and altcoins today? (Read 1459 times)

full member
Activity: 1078
Merit: 102
Good day! Its been months that bitcoin and ethereum stayed at a very low price. Very disappointing I may say especially if you had bought at a higher price. No confirmation of any bull run and some says it will happen on 2021. Anyways cryptocurrency market is unpredictable so I'll just stay posivite.
jr. member
Activity: 126
Merit: 1
Mate  they pumped for earning money from cryptocurrencies like before and now they are dumping to collect more coins with low prices. That is the law in crypto market. Whales doing some pumps and they are selling their bags to fomoed newbies and after they asre starting to dump these tokens . Newbies lost their money and whales are earning money.
hero member
Activity: 3080
Merit: 603
I think the price of Bitcoin is not very low, because you are referring to the price of Bitcoin last year, and I am referring to the price of Bitcoin in all time in the past!
That's how the comparison goes nowadays.

Everyone keeps on talking on how high bitcoin was during the bull run of 2017. But looking at the past months of that year, you'll see on how low bitcoin was during Q1 and Q2. And as we compare bitcoin's price now to the current month of last year, well its kinda a bit lower.
sr. member
Activity: 1652
Merit: 262
SOL.BIOKRIPT.COM
although the price of bitcoin and altcoin fell, but still arguably the price is still quite good compared to the previous period. but the bad thing about the current market red is the impact on ico which also dropped very dramatically. I can say this year is the worst year of ico, for the crypto market itself is actually still quite good.
member
Activity: 415
Merit: 10
Fast, Smart, Trustworthy
I think the price of Bitcoin is not very low, because you are referring to the price of Bitcoin last year, and I am referring to the price of Bitcoin in all time in the past!
hero member
Activity: 3066
Merit: 577
Leading Crypto Sports Betting & Casino Platform
A normal market needs go through a correction. A year ago bitcoin has been called as a ponzi.

And now that bitcoin is correcting, they never stop throwing bad words to bitcoin. A real market needs to experience this so that's the real reason.
member
Activity: 253
Merit: 10
So many predictions around, so many reasons why bitcoin and altcoins price went so low from December 2017.

What do u think are the real reasons why?
I think thats normal the value of altcoin and bitcoin are always experience this situation because of thier volatile value.
member
Activity: 756
Merit: 12
So many predictions around, so many reasons why bitcoin and altcoins price went so low from December 2017.

What do u think are the real reasons why?

There is too many speculation about why crypto market fall more than 70% from highest value. My opinion is because too many people panic with negatives news. Negatives news start from rejecting ETF approval and hacking on exchanger. Peoples panic with thats news and they selling their coin on cheap price
member
Activity: 532
Merit: 41
https://emirex.com
So many predictions around, so many reasons why bitcoin and altcoins price went so low from December 2017.

What do u think are the real reasons why?

The only thing that i can say for now, is to watch out for the next bullrun, so far, if we compared this market condition since last year, this year maybe the worst, but its a good thing on the part of the investors and traders because they can top up their portfolio. Sad news for short term investor like me.
hero member
Activity: 1274
Merit: 516
Bitcoin price now is at good track, the one that is abnormal was the crypto price when December, the hype is too high, the growth is abnormal, that is why the price went wild, and the after effect is the major correction, and since then people keep on comparing the price, we need more investors to invest but it is difficult to attract investors if the market is full of manipulation
member
Activity: 336
Merit: 20
I think we should be patient and wait for the market to appear green again.
hero member
Activity: 1078
Merit: 501
So many predictions around, so many reasons why bitcoin and altcoins price went so low from December 2017.

What do u think are the real reasons why?
For me it is because of the scammers, last year a lot of scammers enter bitcoin and put some investment in bitcoin that's why bitcoin price pump. They are getting a lot of multiple investors and put the investment with bitcoin so that the price of bitcoin will improve and the big investors will put more money and invest to them more which is, they actually didn't know that it is a trap. After scammers get profited, they run away and get all the investments they get to those multiple investors. That is why bitcoin price gets low as fast as how it also grows last year. Now, a lot of big investors are not trusting bitcoin again.
jr. member
Activity: 322
Merit: 1
i had looked at the past few years of bitcoin price more closely, and it seems to be normal that comes after an extremely high phase a correction. in this time we seem to be and the time has always been different lengths.
hero member
Activity: 840
Merit: 520
So many predictions around, so many reasons why bitcoin and altcoins price went so low from December 2017.

What do u think are the real reasons why?
I find this thing very rubbish to talk about bitcoin and the altcoins valuation every time as from the very beginning we all know the these crypto currencies are highly volatile in nature and therefore their valuation tends to flactuates and varies according to market demand and supply and to everyone’s knowledge, the valuation was too high in the last December’s month and started deflating with the passing of this year but now there are assumptions that valuation will again inflate in coming months of this year.
jr. member
Activity: 1036
Merit: 1
It was very expected that the market decline may last six months or a year. Maybe even more, if we do not see the influx of new young investors who will be ready to buy bitcoin at any price. This should have a very positive impact on the overall market mood. It's not low price. This is the price that investors are willing to pay.
full member
Activity: 364
Merit: 100
So many predictions around, so many reasons why bitcoin and altcoins price went so low from December 2017.

What do u think are the real reasons why?
in my opinion there are some things that make bitcoin prices go down after December 2017. many governments forbid the existence of bitcoin because the price is very unnatural at that time, the reduction of investors entering crypto, the lack of demand for supply and demand that made the price of bitcoin dropped and of course negative news about bitcoin that often pops up.
hero member
Activity: 840
Merit: 520
So many predictions around, so many reasons why bitcoin and altcoins price went so low from December 2017.

What do u think are the real reasons why?
We all know that all these crypto currencies bitcoin and altcoins are highly volatile in nature and then a part of investment too so these are highly responsible for the flactuation in the valuation of these currencies, as we know that the valuation of crypto was very high in last December’s month of all the coins almost but with the beginning of this year, prices started to fall again and its investors were in panic selling of their coin but still there are assumptions that the valuation will further increase in the coming months of this year.
member
Activity: 420
Merit: 10
Now is a dangerous time to invest. The market can continue to be red, and can begin to grow rapidly and grow by 100, 200 - 1000% per week.

Do you think which option is more real?
member
Activity: 1540
Merit: 68
The prices at the moment reference the thoughts that we human have concerning retrospective tokens
80% of traders has the mindset to dump and dump

While other 20% look up to the bull run
With such percentage a consistent increase in price is rare
sr. member
Activity: 588
Merit: 254
what is certain is, of course, the decline in interest from investors regarding Bitcoin, because with the many negative news about Bitcoin around the world, it encourages investors who have large amounts of Bitcoin, immediately sell assets, they are to prevent more losses. but if in the next few months Bitcoin is soon approved by the SEC, the price of Bitcoin will rise again and will probably exceed 2017
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