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Topic: What will become of Bitcoin if the price keeps falling? - page 6. (Read 2497 times)

jr. member
Activity: 80
Merit: 2
If bitcoins price keep fallen then the value it has will be diminishing and holders will be willing to sell it at any price that buyers will be demanding and I think it affect the whole cryptocurrency market since bitcoins is a market leader.
Although anything can happen to the market but I think that We have already experienced so many dumps in bitcoin price therefore I do not think that the price can decrease any more. I think that now the time is that bitcoin price will start increasing and it will hopefully reach back to 20k.
full member
Activity: 756
Merit: 102


if the price will keep on falling then bitcoin will become cheap where some people use it as an oppurtunity or an advantage to buy more and after that happened we can again see that the value of bitcoin is slowly recovering and if it is already high people will start to sell again and it can be easily expected that the value of bitcoin will drop  again .

the value of bitcoin will only go in a cycle . so there is nothing to worry about it . fall and rise are pretty normal occurence that happen in  the case of crypto currency .
sr. member
Activity: 644
Merit: 261
The price of bitcoins can rise or fall and if it keeps falling the only effect is the loss of confidence in holding bitcoins hence many traders will be forced to sell at a lower price than bought for and hence keep the price falling further.

As what you said, people would lose confidence and many would let go of their coins and sell it even though they lost more than half of the value of it. As for others who believes that the coins should have more value then it would be an opportunity for them to buy more at a cheaper price so that when the market turn around, it would be more profitable but then there is a risk that it would not go back up so theis investment would just be losing. Given the situation nowadays, I think it is just a temporary downfall because there are still many people who believes that it is more valuable.

If the bitcoin price keeps falling means people who knows well about crypto market would surely use this chance to buy more bitcoin for future. But doesn't know about crypto market get panic about the price keeps falling and ready to sell their bitcoin. But this is not good only long time holding will give more profits than short time. So just keep your bitcoin and wait for some time with patience surely yhe market will recover.

Panic selling would happen but at some point, sellers would be exhausted so the price would eventually have a support and then it would be time for the buyers to appear. Instead of just waiting for the price to go back up, I think it is a good opportunity to take advantage of the fluctuations wherein we should trade so that wherever the price would go, we can still profit from it.
full member
Activity: 742
Merit: 144
What will become of Bitcoin if the price keeps falling?
Only two outcomes.

1. People will start to panic sell.
2. People will start to buy because of the expected panicking.

See to it that when the price falls, its up for you to decide on where you belong.
If bitcoin is falling the market will become weak and people are panicking also, and IMO this is the best time for you to enter the market when everyone is afraid of losing money. Expect a lot cheaper price if this trend continues and you have to play on the safe side whether to hold, or to hold more bitcoin. We know that bitcoin is capable of everything so for me every time you see a cheaper price of bitcoin don't panic because its an opportunity to have more bitcoin and then later on the price will slowly recover and that is the time you make money.
member
Activity: 266
Merit: 10
The price of bitcoins can rise or fall and if it keeps falling the only effect is the loss of confidence in holding bitcoins hence many traders will be forced to sell at a lower price than bought for and hence keep the price falling further.
sr. member
Activity: 1246
Merit: 261
★ Investor | Trader | Promoter
If the bitcoin price keeps falling means people who knows well about crypto market would surely use this chance to buy more bitcoin for future. But doesn't know about crypto market get panic about the price keeps falling and ready to sell their bitcoin. But this is not good only long time holding will give more profits than short time. So just keep your bitcoin and wait for some time with patience surely yhe market will recover.
hero member
Activity: 3080
Merit: 603
What will become of Bitcoin if the price keeps falling?
Only two outcomes.

1. People will start to panic sell.
2. People will start to buy because of the expected panicking.

See to it that when the price falls, its up for you to decide on where you belong.
member
Activity: 294
Merit: 12
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


I think it doesn't matter if the price decline continues, the price is indeed fluctuating, the increase will also occur and I don't think panic if this decline continues, even a good situation to buy coins at low prices and start long-term investment to wait until the increase occurs
sr. member
Activity: 1400
Merit: 347
IMO people do care way too much about the short term price.


I agree. For the short term, I see a tendency for lower highs. It was near 10k some months ago, then the high dropped to 9, 8, and now 7k. This is standard in bear markets, and the fact that we are still having it, means this will take longer than we think. So, its no use to care for the short term. Bitcoin was tamed by TPTB and the road ahead will be harder than we thought.
member
Activity: 279
Merit: 12
Just be calm. Bitcoin is curently raise up again but so slow. So you just have to wait patiently. You can hold it the price now and soon you can sell it and can get a big profit
newbie
Activity: 39
Merit: 0
mass sale, people will succumb to panic and will sell
newbie
Activity: 25
Merit: 0
if prices continue to fall, then I'm sure bitcoin will die. but now I see bitcoin price movements are quite normal, because bitcoin has never had a stable price. and now bitcoin still has a high price, because if we look at it 2 years ago bitcoin never reached the price as it is today.

I stongly disagree with your opinion about if it keeps falling, I think it would only be a matter of time regardless of how deep it falls, It most definitely would always come back up after all weak hands are cleaned from the market
jr. member
Activity: 58
Merit: 2
The price of Bitcoin is fluctuating in market it is depends on demand of market. But every month some hype is comes in the market it is prove the potential of Bitcoin so don't expect it is move to continuous falling. Once it will down all the altcoins are follow the Bitcoin way so it is never failed in the market. Some peoples are says positive hype is nearly waiting so it will reach a good marketcap in soon.
Yes that is right to say, but I think that we are not expecting any further decrease in bitcoin price.  In fact now its look like that the ull run as started and hope that very soon the price is expected to reach to the moon. We just need to wait for some more time and hope we will get a very good reward.
full member
Activity: 364
Merit: 100
if the beginning of the next year the price of bitcoin is still dropping, it is certain that there will be a drastic surge afterwards. Because it refers to the nature of bitcoin if it goes down, it is a sign that it will rise. And everything becomes lighter.

Yes you are right every price drop lead to pump up so we can expect higher prices in the future since the market right now is dropping so hard and it was down to $10k dollars.
hero member
Activity: 1008
Merit: 501
since price is not falling now, and more importantly since bitcoin price is not falling in long term then your question is pointless. last year price was $1000 and now it is nearly $7000, 2 years ago it was $600 and before that it was $100 so it is rising.

all that price talk aside, bitcoin is a currency and as a currency  it shines a lot more when its price is stable like nowadays. although this stability won't last long and the big rises will start soon.
The point is that prices continue to rise in the long run and this year the lowest price maybe at $5800, and we have already passed
that phase and will never return to that bottom line again. you're right the price will continue to rise as usual. dont miss that opportunity dude
sr. member
Activity: 826
Merit: 263
The price of Bitcoin is fluctuating in market it is depends on demand of market. But every month some hype is comes in the market it is prove the potential of Bitcoin so don't expect it is move to continuous falling. Once it will down all the altcoins are follow the Bitcoin way so it is never failed in the market. Some peoples are says positive hype is nearly waiting so it will reach a good marketcap in soon.
sr. member
Activity: 826
Merit: 263
It would not be unusual if the bitcoin continues to fall. Why is it that when bitcoins rise again and fall agin many people think the same as the disaster is coming? I advise you not to be scared while those who keep large amounts of bitcoin aren't scared.

First of all we need to understand that worth of bitcoin and altcoins now.

There are people looking to invest on this coin for long time but due to you have panic on investing bitcoin to hold at one place for long time buddy.
Do you have faith on bitcoin then invest to it else go out of the once side on this bitcoin.
newbie
Activity: 100
Merit: 0
if the beginning of the next year the price of bitcoin is still dropping, it is certain that there will be a drastic surge afterwards. Because it refers to the nature of bitcoin if it goes down, it is a sign that it will rise. And everything becomes lighter.
member
Activity: 350
Merit: 10
If bitcoins price keep fallen then the value it has will be diminishing and holders will be willing to sell it at any price that buyers will be demanding and I think it affect the whole cryptocurrency market since bitcoins is a market leader.
full member
Activity: 294
Merit: 100
It would not be unusual if the bitcoin continues to fall. Why is it that when bitcoins rise again and fall agin many people think the same as the disaster is coming? I advise you not to be scared while those who keep large amounts of bitcoin aren't scared.
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