What will actually happen if bitcoin price continue to drop? - page 4.

Yamifoud

hero member

Activity: 2828

Merit: 518

Quote from: Impulseboy on September 06, 2018, 09:20:52 AM

I was reading on some threads here and it made me wonder what will actually happen if the price of bitcoin continues to drop? And who will be affected more by this: bitcoin miners? Buyers? What do you think guys?

Absolutely, a big loss for everybody. Can't mention how many individuals came here and put a huge money, and these people might hoping for another strike.
But if market keep on moving down, may they put an end of their crypto life and cashing out their money even they losing.

dreico

member

Activity: 448

Merit: 10

many people will most likely leave it and lose their faith in it and it will be replaced by another currency

cryptoking252

newbie

Activity: 84

Merit: 0

I think you haven't understand the market system yet, if you study it more appropriate way then you will able to understand that the market prices never last on one mode for a very long time it has never happen so far

coinpedia240

jr. member

Activity: 98

Merit: 1

well if you ask for my opinion I don't think that bitcoin price will just keep falling but yes a situation can be created when it stay down for a long but it will also get improv at a time and remember one thing after bad things good things arrived it is like a circle

SoliDCoiNs777

newbie

Activity: 112

Merit: 0

This type of price drop will affect the investors more than any miners. Some people will be excited on the other hand some will lose hope. There will be a mixed reaction from people at different situation.

wsca

newbie

Activity: 50

Merit: 0

"The last couple of months gave us a lot of opportunities to buy BTC and ETH at good
prices.A year or two from now, it's probable we'll all be kicking ourselves in the head for
not having the guts to buy more.
"

drawoh14

full member

Activity: 224

Merit: 100

Quote from: Impulseboy on September 06, 2018, 09:20:52 AM

I was reading on some threads here and it made me wonder what will actually happen if the price of bitcoin continues to drop? And who will be affected more by this: bitcoin miners? Buyers? What do you think guys?

Of course those are inventors whom bought bitcoin at a higher price and there will be a huge lost anf only whales will benefit. It would be a disaster if it will happen a lot of people will lose their trust on bitcoin decentralization

Walter edmond

newbie

Activity: 59

Merit: 0

Bitcoin is the currency of future and it is here to stay. It is more than a payment syatem and transaction is very secure. I believe price will never continue to drop and it’ll never go zero as long as people own it.

butterfly8226

newbie

Activity: 84

Merit: 0

I think those people who own Bitcoin will become more frustrated but those who planning to buy bitcoin will be excited to get their hand on BTC at a cheap price. Therefore different reactions will be encountered for different people.

Zifu2018

newbie

Activity: 36

Merit: 0

There will be two cases. One group of people will feel that they are in trouble because they will think that they will be losing their investment and will sell off their coins. Another group of people will be happy and will buy the coins since they are avlailable at a cheaper rate.

Eurobot

newbie

Activity: 54

Merit: 0

If the price of Bitcoin continues to drop, I think the buyers are going to be affected more. Because those who have already bought it will be panicked and those who haven’t bought it will be more excited to buy at lower price.

fishball

member

Activity: 336

Merit: 10

Quote from: Impulseboy on September 06, 2018, 09:20:52 AM

I was reading on some threads here and it made me wonder what will actually happen if the price of bitcoin continues to drop? And who will be affected more by this: bitcoin miners? Buyers? What do you think guys?

It is going to be a very disappointing situation for everybody. People will surely panic, frustrated, hopeless etc. Bitcoin will lose its credibility and people will lose interest towards it. This will become a good opportunity for a new coin to arise.

finlandais

full member

Activity: 397

Merit: 100

According to me the panic selling will increase in such situation which will further affect the market value of BTC.Nothing will having to blockchain and bitcoin.But i believe that price will not continue to drop now.There are still many people who trust BTC and such drop in market value does not affect them at all.But if prices drop some investors will get affected by it even if they are long term investors.

Renu kapoor

member

Activity: 336

Merit: 10

Although it is impossible and unnatural that bitcoin price drop continuously this can happen only when all the investors and buyer show their unfaith in bitcoin and they withdraw their investments and sell their coins, which is never to be happen.

SummerHamster

newbie

Activity: 58

Merit: 0

Bitcoin is so widely connected that it will affect its holders and investors of course. As well some other coins may get affected. Like we know that the price of ethereum is directly affected with BTC

GreatArkansas

legendary

Activity: 2506

Merit: 1394

Quote from: Impulseboy on September 06, 2018, 09:20:52 AM

I was reading on some threads here and it made me wonder what will actually happen if the price of bitcoin continues to drop? And who will be affected more by this: bitcoin miners? Buyers? What do you think guys?

Nothing, only the market who decides the price of Bitcoin, but the adaption of blockchain or crypto will continue, I really hate those people who just want to use Bitcoin just to make money, it is really disappointing as a crypto supporter.

sponge_bob13

newbie

Activity: 63

Merit: 0

I don’t think price will continue to drop. Cryptomarket is not stable but personally I think the price of btc will go up and it will continue to do so. In long term investment anyone can be benefitted.

Osaaah

newbie

Activity: 84

Merit: 0

Most people have built some trust in bitcoin that, they really careless when it market price begin to drip down the drain. Therefore, in situation where Bitcoin price continues to fall this kind of people will continue to hold onto Bitcoin and never sell out on it. And since this situation is not highly possible, certainly Bitcoin will continue to survive today and many years to come.

Barrycuda007

newbie

Activity: 102

Merit: 0

I think every kind of people who are associated with Bitcoin will be affected. And if the price continues to drop for a long time then it will be hard to recover because no one will be able to sell the coins in profit

sarungmen

newbie

Activity: 55

Merit: 0

when the price of bitcoin drops drastically and continuously and it is something that is frightening for bitcoin investors. it will be very detrimental when you sell in panic and the price falls bitcoin will become extinct because everyone will leave it

Topic: What will actually happen if bitcoin price continue to drop? - page 4. (Read 2576 times)