What will become of Bitcoin if the price keeps falling? - page 3.

rickadone

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Quote from: South Park on September 26, 2018, 03:53:07 PM

The price has been relatively stable for some time now, there are obvious variations in the price but the range is very narrow, so it is unlikely that the price is going to go down that much in the next months, what we are going to see is a market that is not going to move much for the next months or even years and then all of a sudden when no one expects it bitcoin will recover and will probably surpass its all time high.

The price is a bit on the stable side because the market is trying to find a direction to pick on. For what it is worth, we can see how well the market has been trying to respond lately when it comes to movement upward for the altcoins but when looking at bitcoin we can see for sure that the market is still inside a descending triangle and it is how bitcoin tend to fair that would determine how things would go afterwards.

For now, we can only just be patient to see how events would unfold as we go on. However, if the price keeps falling, then the only thing we can simply just do is to buy more.

cluit

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Quote from: arthotdog on September 25, 2018, 09:44:32 PM

Quote from: Sophia Portera on August 30, 2018, 04:07:58 AM

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

This is not dropping and what is happening in market now is bubble recovering

Many have mistaken about this prices becoming lower but the truth is this what the right value of now,and we will be looking for another years of same situation.so better be aware and accept this reality

I usually prefer to call it a healthy correction. Nothing goes up and won’t at some point later on come back to find a bottom and nothing comes down and wont at some point test the peak and may be even imprint new highs.

It is a normal thing to expect in a market and I can understand that the main reason why some people usually do not always expect it is because they tend to never get to understand the market wholly before even deciding to start getting involved, and in that case, it would always be a case of panicking because of a falling market instead of seeing it as a great opportunity to buy lower.

faguoip

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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.

South Park

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I am terrible at Fantasy Football!!!

The price has been relatively stable for some time now, there are obvious variations in the price but the range is very narrow, so it is unlikely that the price is going to go down that much in the next months, what we are going to see is a market that is not going to move much for the next months or even years and then all of a sudden when no one expects it bitcoin will recover and will probably surpass its all time high.

basyang

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Quote from: Sophia Portera on August 30, 2018, 04:07:58 AM

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

Price of Bitcoins is always concern in this forum, I already give my opinion this multiple times. Anyway, do not worry if the price is keep falling it always has a reason and as long as we support bitcoin it will recover. Even if their has a countries that banned bitcoin still I believe to it. And I think after the down fall of bitcoin ot will raise again and I will wait for that.

Idrisu

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There is a law that control the force of demands and supplies and that is what determines the price of every assets. The reality is that bitcoin cannot continue to go down and likewise it cannot keep going up. So very soon we should expect a recovering of the price.

sheenaedago

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Quote from: andreijoaquin on September 25, 2018, 10:03:57 PM

I've never seen in bitcoin history that it keeps falling as if it will going to lose its value. What we have always see is a fluctuations in price which is brought by unstable market situation bitcoin is going through. Seems bitcoin is a crypto currency we will expect a lot of pump and dump, and it's normal. What we can do is invest when the price is low then sell when the price pump and reasonable enough to earn profit. Let's learn how to play the market and continue supporting bitcoin.

Precisely, we should not split any FUD news about bitcoin instead lifting up to engage some investor by motivating and hold the emotions not to be affected of some FUD. The pump and dump is part of a high volatility of the market. And as far as i know bitcoin price does not fall under $4k and the massive prediction is feasible to happen. But when bitcoin's price continue to fall, it must be a great dissapointment to all investor and maybe some of us will leave crypto.

susuberuang

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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.

andreijoaquin

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I've never seen in bitcoin history that it keeps falling as if it will going to lose its value. What we have always see is a fluctuations in price which is brought by unstable market situation bitcoin is going through. Seems bitcoin is a crypto currency we will expect a lot of pump and dump, and it's normal. What we can do is invest when the price is low then sell when the price pump and reasonable enough to earn profit. Let's learn how to play the market and continue supporting bitcoin.

arthotdog

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Quote from: Sophia Portera on August 30, 2018, 04:07:58 AM

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

This is not dropping and what is happening in market now is bubble recovering

Many have mistaken about this prices becoming lower but the truth is this what the right value of now,and we will be looking for another years of same situation.so better be aware and accept this reality

jamids

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Quote from: Barbarian on September 25, 2018, 02:07:32 PM

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.

maxreish

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It isn't supposedly continue to fall. If you will just study the price history of bitcoin for the last months, or even in a past year, their is a price resistance or fall back that you called. In that matter, it is very impossible that bitcoin will gonna keeps on dumping as it will uncertainty .

Hannahanto

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Dont worry about the price falling it is normally happens in the crypto market. We can do only one thing just buy bitcoin at low price and hold it for future. Sure the price will recover but for that weneed to be wait with patience. The result will be positive and the gain will be more. So just hold the bitcoin and wait for long term the result will be in positive.

Barbarian

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Quote from: xuan87 on September 11, 2018, 10:18:23 PM

If the price keep on falling down then it could become a problem, the investors will become hesitate to invest if the price keep on falling down, but if we can picture Bitcoin for long term then we still see so many positive sign that can make the price go up, the problem is, it's difficult to convince someone when the bear market not stopping at all

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.

chainedblocks

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Quote from: Pattart on September 19, 2018, 09:45:49 PM

Quote from: trako on September 14, 2018, 09:12:37 AM

If it keeps falling, there is no end of it. if a big crisis comes, the bitcoin is about $ 3,000. and a lot of altcoin is garbage. and it takes quite a long time to recover.

I do not expect falling price to continue, we have stabilized above $6k and I think we have reached the bottom line and will not go down below that, I think all users also know that? so they will continue to guard the market so that there is no panic selling happen again..

Even if falling price should continue, that would only bring about room for us to buy more as the case may be. Nothing is certain yet and all we can do now is to see where the market really leads. I would not say the price may not fall further as it still has some more room to fall if the bears are given the chance.

I guess we all saw them trying to strike a while back and then the bulls taking over again. If the price falls, believe me the smart ones will definitely take it as an opportunity to buy, and there is certainly no doubt about that.

aencarnaci

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Quote from: Barbarian on September 19, 2018, 08:36:13 PM

Quote from: Lydiaglo on September 14, 2018, 05:58:51 AM

Quote from: jfelix on September 11, 2018, 10:06:19 AM

Will become e cheaper bitcoin

More and more people will invest in it. In my country the price of one bitcoin is equal to more than 600000. It is very huge amount and for average person it is not possible to buy one bitcoin. Therefore if the price of bitcoin fall more our people will also be able to buy bitcoin, and in the long future they would be able to earn money from their investment.

Even at the current price bitcoin is so expensive in my country that just one bitcoin is close to cover all your expenses for one year, so as you may guess there are not many people that can afford such an expensive thing, this is why I think that even just having a few bitcoins could change your life if you live in a country where the costs of living are cheap.

The reason why people may be skeptical about the value now is because everything is still speculative, the risk is still very high, there is not so much real life usage and everything we see today is just everybody wanting to get rich.

Moreover, in the avenue where those things like real life usage comes into play and we get to see a huge level of adoption and growth with a lot of people using the space for what it was meant for, the price most definitely would have skyrocketed by then, and at this stage, with people using, no one will really be bothered about the price being too expensive, and stages of laggard, usually resort to some level of equilibrium as demand and supply gets balanced in a way.

tepakpak

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Even if prices continue to fall, I'm sure it will recover, cheap prices will bring more investors. Bitcoin will never end.

Blamsud

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Quote from: Barbarian on September 19, 2018, 08:36:13 PM

Quote from: Lydiaglo on September 14, 2018, 05:58:51 AM

Quote from: jfelix on September 11, 2018, 10:06:19 AM

Will become e cheaper bitcoin

More and more people will invest in it. In my country the price of one bitcoin is equal to more than 600000. It is very huge amount and for average person it is not possible to buy one bitcoin. Therefore if the price of bitcoin fall more our people will also be able to buy bitcoin, and in the long future they would be able to earn money from their investment.

Even at the current price bitcoin is so expensive in my country that just one bitcoin is close to cover all your expenses for one year, so as you may guess there are not many people that can afford such an expensive thing, this is why I think that even just having a few bitcoins could change your life if you live in a country where the costs of living are cheap.

We don't really need to have one or two, some amounts can cover it specially if we both it on a higher value. Yes,it is still expensive knowing how much was it when started but many bought it in much higher price than now.

geberger

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Quote from: Supercrypt on September 13, 2018, 12:01:57 PM

Quote from: KorakPawon on September 11, 2018, 01:31:13 PM

I don't think anything will happen because the price is down, it has become a common thing in the world of commerce, especially when the price dropped not only this time the previous year also happened but bitcoin still rose and survived.

It is even a normal thing for the price of a market to go down at any point in time. It is a market and it is not meant to have a fixed value, most especially when it is not regulated. The decentralized nature of the market brings about its volatility and therefore makes it a market that can easily sway downward pretty fast as well as upward. If the price keeps falling, this would just give an opportunity to buy lower at a much discounted price anyway, so no worries.

Quote from: jfelix on September 11, 2018, 10:06:19 AM

Will become e cheaper bitcoin

As simple as that. And for the fact that it becomes a cheaper bitcoin, that would give us chance to buy more at lower prices since at least, nothing has changed the limited supply anyway and there would always be a guarantee of supply getting limited at some point and then demand beginning to skyrocket. If price keeps falling, it would just be like any other market that is in a downtrend and nothing different.

In my opinion the price will never go down from $5000 because if so it will be the end of bitcoin and blockchain will never let to eliminate bitcoin from cryptocurrency list. $5000 is also very low price for bitcoin and nobody will accept except new investors. New investors will be happy to see the price falling because they will find a chance for investment in bitcoin for low price.

Pattart

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Quote from: trako on September 14, 2018, 09:12:37 AM

If it keeps falling, there is no end of it. if a big crisis comes, the bitcoin is about $ 3,000. and a lot of altcoin is garbage. and it takes quite a long time to recover.

I do not expect falling price to continue, we have stabilized above $6k and I think we have reached the bottom line and will not go down below that, I think all users also know that? so they will continue to guard the market so that there is no panic selling happen again..

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