What will actually happen if bitcoin price continue to drop? - page 8.

Kelvinid

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Quote from: moonami on September 08, 2018, 06:31:38 PM

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?

Well for me, I think if bitcoin price continue to drop, the newbie holders of bitcoin will sell their coin because they are in panic. Then the true holders of bitcoin will still wait for the right time.

Maybe newbies should learn already how to make a good profit by not resorting into panic selling because they will only lose even more.It's time that they will have to hold long their coins or even buy some potentials coins while the price is still dropping.

moonami

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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?

Well for me, I think if bitcoin price continue to drop, the newbie holders of bitcoin will sell their coin because they are in panic. Then the true holders of bitcoin will still wait for the right time.

Sanu Simon

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Such scenario won't happen, and to me the growth of the cryptocurrency network gets affected. Moreover people will not show interest upon using bitcoin same as the present. Also more and more negative news will start to roll indicating it to be a scam and ponzi scheme.

MarchToke

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If the market price of bitcoin will continue to drop then there will be a massive downfall of almost all cryptocurrencies too and making the cryptocurrency market looks so bad. But that's not going to happen because as we can see, bitcoin is really fighting back everytime we see a dip of its market price.

Zooplus

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Quote from: Walter789 on September 08, 2018, 06:18:00 PM

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?

I think all those crypto holders will be affected of this event falling of bitcoin price since bitcoin has a huge volume that supports all cryptocurrency. When bitcoin continue to fall there are some investors take advantage to buy more and hold it again while others are afraid and starting to sell their cryptos especially Bitcoin. If you believe that bitcoin will survive it is not a problem and to worry instead relax yourself or try to find another ways to earn.

I think that would be the best thing to do by keeping yourself calm and relax.Yes all people here will be affected if the price continue to drop but i don't think it will happen for so long.Remember crypto is so much volatile that any time of the day the price may increase and hit a new high price again.

Walter789

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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?

I think all those crypto holders will be affected of this event falling of bitcoin price since bitcoin has a huge volume that supports all cryptocurrency. When bitcoin continue to fall there are some investors take advantage to buy more and hold it again while others are afraid and starting to sell their cryptos especially Bitcoin. If you believe that bitcoin will survive it is not a problem and to worry instead relax yourself or try to find another ways to earn.

jhonnydeep87

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In the past few months the continued decline in bitcoin prices could affect crypto currencies or in other ways. It may be that it can also affect shareholders or other cryptocurrency miners. All projects related to critical currencies can disrupt French developments throughout the world. Cool

looking31

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Bitcoin price crash: Cryptocurrency market in meltdown as value continues to drop ... After weeks of steady gains, bitcoin dropped in price by more than $300 in ... analysts have said panic selling could contribute to bitcoin's fall in value. .... Isaacs told The Independent when asked about the cryptocurrency's

rjsmith

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In my opinion if bitcoin will continue to drop miners main affects to the investors who hold cryptos.but I believe that bitcoin can still recover soon.we just need pause.

killat

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Don't worry too much with the price of Bitcoin. It's the standard market cycle, and that's it.

No manipulation or other conspiracy (outside of the ways all markets are manipulated by traders/investors). Looking at the charts everything seems pretty normal. Volatility is high as it should be in a market of it's size. Price trend is still bearish which isn't surprising considering the minuscule amount of hype and discussion of crypto in mainstream areas thus not much new money flowing into the crypto markets (definitely not enough to support a change of trend).

Some traders are still managing to make money, and most newbies are getting rekt as they do in these conditions.

The good news is progress is being made on the tech end. Now that money isn't the main focus of all crypto discussions the devs can get back to innovating. It looks like there are lots of crypto ATM businesses that are still expanding their atm networks which is great to see. It's nice that people aren't giving their money to shitty ICO projects and are being more cautious with their investments.

Nothing going on that's hype worthy nor many 'bullish' signs but it's all good

paragon07

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If the bitcoin price will continue to drops, big affects to the investors who hold cryptos. They are manipulating the price so other investors are release their bitcoins.

sunsilk

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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?

Panic sellers will come out and those people who will take of this chance to buy more will come out and start buying as well. That's only the possible things that will happen if bitcoin continues to drop, others will come out and won't come back but the experienced once will take advantage.

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

And who will be affected more by this: bitcoin miners? Buyers? What do you think guys?

All, there's balance on this market.

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Quote from: White Christmas on September 06, 2018, 06:45:47 PM

Quote from: Tashi on September 06, 2018, 06:21:06 PM

More and more people would likely sell their Bitcoin. Resulting in both panic buying and selling. Some may lose interest about investing in Bitcoin.

If this will continue to happen people will keep and do panic selling especially new people. Some people will lose their interest to on it. But i believe that there are still people like me who will keep on believing that bitcoin can still recover soon. We only need to be patient and keep holding on.

I agree.The current price may not be very good for us and if this will continue to happen,lot of investors will surely turn their backs on bitcoin.But i think it's just a matter of time,btc price will surely recover and may even give us a blast when its price reaches a new peak.

wnfakind

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Definitely is going to effect everyone hodl and mining at the moment. Personally I'm all about it dropping as it give me and other the opportunity to get in more before it takes off and it will as the tech is proven to be worth investing money and time into. Can't even count how many patents have been issued between all the big companies jumping on the blockchain wagon regardless if it's a public or private blockchain. It's here to stay so I'm not worried.

suzanogbomo

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Bitcoin drop in price affects everybody invested in cryptocurrencies, miner's are already stressed out, profitability is almost at its lowest, altcoins are toast in price, traders are have a hell of time making profits, ICOs are finding it finding it difficult to hit soft caps, YouTubers are having less views, everyone is affected

White Christmas

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Quote from: Tashi on September 06, 2018, 06:21:06 PM

More and more people would likely sell their Bitcoin. Resulting in both panic buying and selling. Some may lose interest about investing in Bitcoin.

If this will continue to happen people will keep and do panic selling especially new people. Some people will lose their interest to on it. But i believe that there are still people like me who will keep on believing that bitcoin can still recover soon. We only need to be patient and keep holding on.

ralle14

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

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?

Imo both are equally affected if the price of Bitcoin suddenly goes down. No one would be affected more because each side had spent some $$ just to be involved with Bitcoin.

Quote from: 1993jochico on September 06, 2018, 09:42:01 AM

What I dont really get here is that why those people who dont even have or plan to buy or even mine BTC are the most affected here in forum? post a lot of thread, news, etc. etc. while they dont even have. Grin

To gain activity and reach jr member.

Probably not all who knows maybe they do own or mine BTC and doesn't want everyone to know their plans/involvement. I don't mind these type of threads tbh they're better than FUD threads since they don't spread negative vibes in the forum.

putu3112

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I hope nothing bad will happen. But this is bad for altcoin because small and scam alt will go to zero. For bitcoin i see many times bitcoin price drop but always can go up again

Tashi

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More and more people would likely sell their Bitcoin. Resulting in both panic buying and selling. Some may lose interest about investing in Bitcoin.

kotajikikox

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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's obvious all are affecte miner, investors, buyers believing for long term hodl to get huge profits in the future,
If these scenarios comes true.

Bitcoin still strong as this miment no signals for continues dropping in the coinmarketcap, i think price value steady at 7000$ before end of this and the bull begin next month October 2018.

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