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Topic: What will become of Bitcoin if the price keeps falling? - page 2. (Read 2497 times)

member
Activity: 378
Merit: 10
If the price of Bitcoin falls every day, then the market may eventually disappear, but this is impossible. Even if the price of Bitcoin is not as expensive as last year, I think this is just an adjustment, making it more suitable for investment!
jr. member
Activity: 34
Merit: 1
If bitcoin's market price keeps on falling each day, then there will be a massive fall down of alternate cryptos too. More and more hodlers may be weaken and finally give up and sell their bitcoin too. Unless a huge number of investors will start investing at a lower price then the fluctuation will continue.
The price is not falling actually but there is stability between 6k and 7k US dollar and this is fluctuating in between from a long time. we can go out of such situations only if we start learning to hold all our coins with patience and to stay in the market till the price starts to increase. Furthermore, the current price availability is more than anything if you have such an affordable market right now then what else you need.   
The price cannot keep on falling forever because the market do not remains down forever. There can be recovery in the market as well. If the demand rises, the price will also rise and there is already a bit of rising trend in it. Now, price is 6540 US dollar which is still low and it is stable between 6k and 7k US dollar which enables you to get it on low price and no one knows nothing about future so you just make a position by investing here.
In my view the price will not go down more than $6000 because it is its natural price. if the investment cap increase the price will raise more but there are no more investors the price would still above than $6000, because it is with the passage of time. If the price rises to $30000 today, it will collapse to $6000 again in the coming days. We should know the time space.
If the price of bitcoin falls more than $6000 that will be the end, because the mining process will stop because they already told that now mining is not profitable due to low price in the market, and when there is no mining there would be no coins in the market and gradually bitcoin will disappear from the market. Holding a specific price for bitcoin is very important for its survival.
jr. member
Activity: 80
Merit: 2
If bitcoin's market price keeps on falling each day, then there will be a massive fall down of alternate cryptos too. More and more hodlers may be weaken and finally give up and sell their bitcoin too. Unless a huge number of investors will start investing at a lower price then the fluctuation will continue.
The price is not falling actually but there is stability between 6k and 7k US dollar and this is fluctuating in between from a long time. we can go out of such situations only if we start learning to hold all our coins with patience and to stay in the market till the price starts to increase. Furthermore, the current price availability is more than anything if you have such an affordable market right now then what else you need.   
The price cannot keep on falling forever because the market do not remains down forever. There can be recovery in the market as well. If the demand rises, the price will also rise and there is already a bit of rising trend in it. Now, price is 6540 US dollar which is still low and it is stable between 6k and 7k US dollar which enables you to get it on low price and no one knows nothing about future so you just make a position by investing here.
In my view the price will not go down more than $6000 because it is its natural price. if the investment cap increase the price will raise more but there are no more investors the price would still above than $6000, because it is with the passage of time. If the price rises to $30000 today, it will collapse to $6000 again in the coming days. We should know the time space.
legendary
Activity: 1288
Merit: 1036
If bitcoin's market price keeps on falling each day, then there will be a massive fall down of alternate cryptos too. More and more hodlers may be weaken and finally give up and sell their bitcoin too. Unless a huge number of investors will start investing at a lower price then the fluctuation will continue.
The price is not falling actually but there is stability between 6k and 7k US dollar and this is fluctuating in between from a long time. we can go out of such situations only if we start learning to hold all our coins with patience and to stay in the market till the price starts to increase. Furthermore, the current price availability is more than anything if you have such an affordable market right now then what else you need.   
The price cannot keep on falling forever because the market do not remains down forever. There can be recovery in the market as well. If the demand rises, the price will also rise and there is already a bit of rising trend in it. Now, price is 6540 US dollar which is still low and it is stable between 6k and 7k US dollar which enables you to get it on low price and no one knows nothing about future so you just make a position by investing here.
member
Activity: 322
Merit: 10
╔►[FILIPINO Translator]◄╝
If bitcoin will continue to fall, i think more and more weak hands will give up and sell their bitcoin at a very low value. FUDs will spread more and more and the cryptoworld will be in great panic for those who are weak enough. But for those who are smart, they are smiling and panic buying more.
jr. member
Activity: 80
Merit: 1
maybe what will happen if the bitcoin price keeps falling is bitcoin will not have any more enthusiasts and it is possible that the price of bitcoin can return to the price as it was in 2013 and the price is very cheap and certainly will make many people lose.
Different people think differently. Some say that it will disappear from the market and some argue that it will be the mainstream in the future no matter what will be the price. When all the people in the world start using their bitcoin they will not compare it with dollar or their local currency. Bitcoin will also be assumed like our regular local currency.
hero member
Activity: 1204
Merit: 500
maybe everyone will switch to another cryptocurrency when bitcoin prices are badly dumped. so far many coins have developed their own mainnet. but I don't know, I just hope bitcoin prices continue to rise. I'm sure, there are still so many opportunities to see bitcoin prices reach very high prices.prices reach very high prices.
member
Activity: 406
Merit: 19
What will become of Bitcoin if the price keeps falling?
Prices went down from the start of this year: https://www.coinranker.net/cryptocurrency/bitcoin


Bitcoin is not a waterfall that forever moves down, but this's a market that's never separated from its original nature, namely the rise and fall of prices. I think, the prolonged decline in bitcoin prices's caused by two world-scale exchanges namely CME and CBOE Futures Exchange which trade bitcoin in the form of a futures contract. As a result, making bitcoin vulnerable to manipulation. This thing also caused the number of files Bitcoin ETF to rejected by the SEC. I think the US SEC has smelled a sign that's not good maybe they are worried if the Bitcoin ETF will be a trigger for every investor to manipulate prices by selling or buying large amounts of bitcoin during the auction that causes prices to fall. And the next day Cboe Global Markets was more flexible leaving behind Bitcoin ETF with huge profits.
jr. member
Activity: 77
Merit: 1
I have asked this question before but in a different way. My question was, if bitcoin prices continue to go down, will it then become an altcoin? That said, I think that lower bitcoin price means that more people will be able to afford buying it. The more people who can afford to buy bitcoins, the more people will be encouraged to join in the crypto world, right?
I think that more and more people will buy bitcoin due to low price. Bitcoin will be there because it is not for making money but for general use in the world. People made it business for earning money. I don’t care if the price falls or rises. I want to hold my bitcoin not for making money but for buying my necessities around the globe. I want to enjoy cashless society.
hero member
Activity: 1022
Merit: 511
The price has reached the bottom and it's not going to go down that much further, the only thing that you need to do is to have confidence that the price is going to recover, and unfortunately many of the people that invested in this market do not have that confidence and that is why there are selling their coins.

Many are still not used to what is happening in the market that's why some panic sell and some are just selling to buy lower as part of their strategy. Price of bitcoin will not keep falling if there are always buyers who are willing to buy. As what you observed, the market has been going up for a few days already and you would expect that others would be taking profit and some of those have bulk orders and when some people saw the big red canadle, others eventually followed to sell that's why it's going down.
For most markets, it is always something that should be expected. It is normal some times to see supply grow larger than demand based on certain perception of the market and how things are, and then in some cases, we will always get to see the possibility of seeing demand get more than supply and this is when we get to see the market move up accordingly.

it is just part of the market and all subjected to the law of demand and supply which I believe even as time goes on, it is something we will always keep getting to see except for the volatility reducing on the way up and as we see real life usage/
newbie
Activity: 70
Merit: 0
I think that will happen if the price of bitcoin continues to fall to the base price, so many will experience a lot of losses and surely there will be many people who hate bitcoin because the effect of falling bitcoin prices will have a lot of influence for traders.
Even i do the same i have an aim if the price goes down below 1000$ i will sell my all coin and stop investing.
sr. member
Activity: 1246
Merit: 250
if the price of bitcoin in the exchange place remains collapsed then maybe this bitcoin price will become very cheap and surely there will be many people who panic even lots of people will be depressed. I hope bitcoin prices don't fall even further.
full member
Activity: 490
Merit: 100
What will become of Bitcoin if the price keeps falling?
price is just another part of bitcoin but it has nothing to do with its underlying technology that constantly evolving for almost 10 years now, actually if trace its price from the beginning its actually increasing
sr. member
Activity: 658
Merit: 250
maybe what will happen if the bitcoin price keeps falling is bitcoin will not have any more enthusiasts and it is possible that the price of bitcoin can return to the price as it was in 2013 and the price is very cheap and certainly will make many people lose.
jr. member
Activity: 196
Merit: 4
I have asked this question before but in a different way. My question was, if bitcoin prices continue to go down, will it then become an altcoin? That said, I think that lower bitcoin price means that more people will be able to afford buying it. The more people who can afford to buy bitcoins, the more people will be encouraged to join in the crypto world, right?
sr. member
Activity: 535
Merit: 250
I don't think that will happen, I'm sure the price of bitcoin and some other cryptocurrency will experience a price increase seen from the movement of cryptocurrency prices and many people who want to have cryptocurrency so that prices are difficult to always fall.
newbie
Activity: 66
Merit: 0
I think that will happen if the price of bitcoin continues to fall to the base price, so many will experience a lot of losses and surely there will be many people who hate bitcoin because the effect of falling bitcoin prices will have a lot of influence for traders.
I hope it will never happen since bitcoins has a lots of lover and contribute for bitcoins. Bitcoin and digital currency are the future of  digital world.
newbie
Activity: 25
Merit: 0
I think that will happen if the price of bitcoin continues to fall to the base price, so many will experience a lot of losses and surely there will be many people who hate bitcoin because the effect of falling bitcoin prices will have a lot of influence for traders.
If it keep decreasing i am pretty sure everyone will left bitcoin because no matter how much you love bitcoin but you can't lose your money or profit.
sr. member
Activity: 588
Merit: 250
My answer is not only for Bitcoin but for all the coins.It is obvious that if the price of any coin will keep on falling then unfortunately it will be an end for that particular coin.In case of Bitcoin we have seen a lot of price drops but it has always bounced back.But if we consider that the price will not bounce back and will keep on falling then people will stop investing in it and surely some other coin will overpower bitcoin.
hero member
Activity: 980
Merit: 523
First of all, your assumption does not exist at all. Bitcoin cannot fall all the time. Bitcoin has the cost of mining, it is impossible less than mining cost too much. Secondly, the price of Bitcoin has been stable for some time. Now it is a good time to invest in Bitcoin. If you have spare cash, buy it.
It is not impossible, nothing about a market is impossible and in case you do not know, in the past, bitcoin has gone lower than mining cost before. A Google search would give you more enlightenment on that. The thing with a market is that nothing is predictable, even though we may just try to assume the best, but in reality, whatever will be will be.

If it goes lower than mining cost, simply mining will become unfavorable for some and they will bail out, while those who are big on mining get more incentives, and then we see the difficulty reduced. So, saying there is no possibility of seeing something happen is not true.
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