What's wrong with Bitcoin now? | Bitcointalksearch.org

Kurokyy

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Quote from: CryptoKing1992 on May 21, 2018, 08:45:15 AM

Bitcoin has lost almost 15% of its value since two weeks ago. At the peak around Christmas holidays, it was trading at over $19,000.

Bitcoin investors have been predicting that meteoritic rises will commence any day now. But the price has been hovering in the $8,000-$9,000 range with surprisingly low volumes.

One Good Post: why is Bitcoin price stagnant?

What is happening in the Bitcoin world? What is the near-term price forecast for Bitcoin?

Bitcoins prices right now is slowly dumping because of some fund that is actually spreading on other countries and people are worried about their coins which leads to panic selling their coins.

SHAWN-MIDWAYS

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Quote from: Harlot on May 21, 2018, 08:54:13 AM

Bitcoin rallied from 5400$ to 19,600$ in just a month, what do you expect that it will still continue to grow to that point on? Expecting something unrealistic in really not a traders way and the price correction we are seeing now is a normal phase to a traded asset online. Obviously when Bitcoin reached at its all time high almost everybody took profit and only some have manage to experience losses. Bitcoin more than doubling its value in just a month made this downtrend long as it maybe is making or waiting for a bigger move.

Don't worry so what if it drops 15% it's volatile it can decrease then it can increase its a just a crypto's nature even stock market also obey this rule.Well, yup, it was trading around 19,000$ but since people want to enjoy and spend there Christmas they sell out there coins which increase the supply and decrease the demand. About predicting well its hard to predict bitcoin's price there's massive possibility that predicting will become wrong.

BitcoinCommodor

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Nothing is wrong with bitcoin. Just because prices go down doesn't mean bitcoin has something wrong with it. I believe bitcoin is at its best since its started. It is a project thats constantly getting updates. We will see lightning network soon as well where people can send thousands of dollars for pennies which will make bitcoin the cheapest amongst others once again. This time next year it will probably have something new again, 5 years from now it will have bunch of new stuff, it will go on developing itself.

kolbalish

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Bitcoin is a currency and every currency has some their own rules and they maintain those.By the way,Btc price will increase soon.Don't afraid to invest.Every platform has ups and downs in crypto world.

finlandais

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According to me their is nothing wrong with bitcoin.Whatever is happening is common. No doubt at present value is bitcoin is really very low.This is the lowest value of this year.But their is nothing to worry.Bitcoin will recover soon.But from last two three days we can see that value is slightly rising and hopefully in coming month value will reach at least 8k. So try to have patience and don't panic.Stay calm and keep on investing in BTC.

checkmatesir

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Quote from: goaldigger on June 21, 2018, 08:56:29 AM

Everything happens on cryptocurrency market today is just normal. We just witnessed the moon on the last quarter of the year 2017 and it will be odd and inappropriate if it will be on moon forever. Market is alive and moving from time to time. So if we are more patient, we can still witness the moon on the future like what happened last time. The history repeats itself though.

Yeah that’s what I am thinking also. We are expecting that the price will up again like the previous again but now it is normal. If the price of bitcoin increased according to the market capital the price would be the same which is today. So we should not be panic about the price of bitcoin and be patient to wait for good times to come.

Chachacoin17

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Quote from: KenChanYu on July 02, 2018, 04:03:15 AM

Quote from: eann014 on July 02, 2018, 03:02:04 AM

Quote from: wildflower18 on June 26, 2018, 06:11:47 PM

Quote from: sabarr on June 26, 2018, 04:14:02 AM

bitcoin after having a very high price suddenly dropped at a very low price, but I still believe that it has become the character of the crypto currency and one day will have a high price again so that holding is the right choice right now, not need to panic

That's the usual can happen in bitcoin it will drops after sudden increase at all time high. Instead of worrying of this price that no movement we have to hold. Once their is adaptions take place bitcoin will increase at least.

Yeah, I think it is normal what is happening with bitcoin now, I am sure it will recover again, just hold all your bitcoins that what you have right now so there will be no regrets in the future.

The value of bitcoin is constantly changing, and is seemingly hard to control and predict due to various factors. I think what's wrong would still be its volatility, the wild market swing. In tough times like this, to help overcome the situation and put ourselves at ease, it is very important to embrace the reality of volatility, continue learning new ideas, learn to strategize, be positive, and stay patient that price correction is not going to stay longer, there's still a hope that recovery will happen sooner.

I think that recovery for a moment was still crucial since we're at the midst of dipped value of bitcoin. Learning those ideas still hopeless even though you developed confidence with your trading habits, because if you can't control your emotions you won't be able to cope up with frustrations. These days you should be more courageous to face the challenges that hinders the price to achieve a profitable value.

KenChanYu

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Quote from: eann014 on July 02, 2018, 03:02:04 AM

Quote from: wildflower18 on June 26, 2018, 06:11:47 PM

Quote from: sabarr on June 26, 2018, 04:14:02 AM

bitcoin after having a very high price suddenly dropped at a very low price, but I still believe that it has become the character of the crypto currency and one day will have a high price again so that holding is the right choice right now, not need to panic

That's the usual can happen in bitcoin it will drops after sudden increase at all time high. Instead of worrying of this price that no movement we have to hold. Once their is adaptions take place bitcoin will increase at least.

Yeah, I think it is normal what is happening with bitcoin now, I am sure it will recover again, just hold all your bitcoins that what you have right now so there will be no regrets in the future.

The value of bitcoin is constantly changing, and is seemingly hard to control and predict due to various factors. I think what's wrong would still be its volatility, the wild market swing. In tough times like this, to help overcome the situation and put ourselves at ease, it is very important to embrace the reality of volatility, continue learning new ideas, learn to strategize, be positive, and stay patient that price correction is not going to stay longer, there's still a hope that recovery will happen sooner.

eann014

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Quote from: wildflower18 on June 26, 2018, 06:11:47 PM

Quote from: sabarr on June 26, 2018, 04:14:02 AM

bitcoin after having a very high price suddenly dropped at a very low price, but I still believe that it has become the character of the crypto currency and one day will have a high price again so that holding is the right choice right now, not need to panic

That's the usual can happen in bitcoin it will drops after sudden increase at all time high. Instead of worrying of this price that no movement we have to hold. Once their is adaptions take place bitcoin will increase at least.

Yeah, I think it is normal what is happening with bitcoin now, I am sure it will recover again, just hold all your bitcoins that what you have right now so there will be no regrets in the future.

Gabteb

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If you look at price in long term then you will see price only goes up and pumps and dumps are normal ,we neednt every time make any vs , for 4 or 3 weeks BTC has gone to ATH.

kenziefried

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Quote from: alex M on June 19, 2018, 09:04:11 AM

Quote from: Meowth05 on June 17, 2018, 10:16:39 AM

Quote from: winterland on June 16, 2018, 11:57:26 AM

There is nothing wrong with bitcoin, the real problem are the people, they somehow expect that bitcoin violates all rules of economics and want that bitcoin always go up in value and that is simply impossible, the price needs to go down as well, this market is made of people and when the price goes up some cash out, some need that money for something important or some other reason and that decreases the price, just wait and the price will eventually recover.

Indeed, not always bitcoin is in good shape but sometimes it must be in down because that is the rule of market, bitcoin was so volatile it cannot stay to as it is now, there will be times that is high and low hence all we need to do is do the thing we want in appropriate way like sell if is high and buy if it low. There's a circulation happen in a certain market so expect that the particular coin or asset will never stay forever as it were.

Well for me, bitcoin still has a normal market trend nowadays though we have seen it dipped at around 6.5KUSD. This market situation is not bad enough for us because we already know the volatility aspect of bitcoin. It will rise in a perfect timing and for the meantime, it would be smarter to take the opportunity to buy bitcoin at cheaper price, in order to have huge profits in the future.

Yeah, we are in a low market due to the low demand rate the price fell down and will be falling down if the rate is reducing more. However we have seen many situations like this in the past and have seen the value recovered after a down fall. Whenever the rate of demand increased then the price will also increase and we will be in standing on a good and favorable position.

websoftwareengineer

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Quote from: CryptoKing1992 on May 21, 2018, 08:45:15 AM

Bitcoin has lost almost 15% of its value since two weeks ago. At the peak around Christmas holidays, it was trading at over $19,000.

Bitcoin investors have been predicting that meteoritic rises will commence any day now. But the price has been hovering in the $8,000-$9,000 range with surprisingly low volumes.

One Good Post: why is Bitcoin price stagnant?

What is happening in the Bitcoin world? What is the near-term price forecast for Bitcoin?

There is nothing wrong about cryptocurrency or birtcoins but the traders has a problem because they sell their coins at the lowest price even the market are currently dumping the value due to pressured holders who are selling their coins right now.

Bagaji

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Bitcoin value is currently strangling to survive the market value decline as the activities of whales and that of the panic sellers are doing at the moment are all responsible for the recent decline. Although we believe that Bitcoin will bounce back from its current market value to what it was late last year and above.

wildflower18

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Quote from: sabarr on June 26, 2018, 04:14:02 AM

bitcoin after having a very high price suddenly dropped at a very low price, but I still believe that it has become the character of the crypto currency and one day will have a high price again so that holding is the right choice right now, not need to panic

That's the usual can happen in bitcoin it will drops after sudden increase at all time high. Instead of worrying of this price that no movement we have to hold. Once their is adaptions take place bitcoin will increase at least.

bohr

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Quote from: CryptoKing1992 on May 21, 2018, 08:45:15 AM

Bitcoin has lost almost 15% of its value since two weeks ago. At the peak around Christmas holidays, it was trading at over $19,000.

Bitcoin investors have been predicting that meteoritic rises will commence any day now. But the price has been hovering in the $8,000-$9,000 range with surprisingly low volumes.

One Good Post: why is Bitcoin price stagnant?

What is happening in the Bitcoin world? What is the near-term price forecast for Bitcoin?

There is a big difference between a prediction and speculation, a prediction has some basis in reality while what most investors do is nothing but to speculate a price is going to reach a certain level and yet they have no evidence for it, so nothing is happening in bitcoin, except the fact that many people are experiencing the first bear market of their lives and they have no idea how to deal with it.

gabmen

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Quote from: mia khalifa on June 26, 2018, 01:35:53 AM

I think bitcoin is nothing wrong but there is bad news attacking bitcoin prices that makes bitcoin falling and this seems very normal because bitcoin prices will only move up and down, after the fall will usually go back up and the price recovered.

I'm not even hearing major fuds right now dude that may greatly influence this correction. It's likely either the normal correction that's continuing up until now or the market's being manipulated by the big fishes. These are things that we can't do anything about

sabarr

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bitcoin after having a very high price suddenly dropped at a very low price, but I still believe that it has become the character of the crypto currency and one day will have a high price again so that holding is the right choice right now, not need to panic

mia khalifa

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I think bitcoin is nothing wrong but there is bad news attacking bitcoin prices that makes bitcoin falling and this seems very normal because bitcoin prices will only move up and down, after the fall will usually go back up and the price recovered.

winterland

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Quote from: ?? on ??

With all the hype, why aren’t more people using it for purchases? A major reason is that transaction fees, and transaction completion times, have skyrocketed. Even at its best, Bitcoin is not a speedy transfer mechanism.

It is designed to take about 10 minutes to confirm any given transaction. However, in practice it’s gotten much worse recently.

What are you talking about? The mempool is almost empty right now and this has been the case for some weeks already, you can send a transaction and get a confirmation for just a few satoshis in minutes, this is mostly due to the decrease of the demand of bitcoin but if you are looking to move your bitcoin cheaply this is the moment to do it.

zakariajaki

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one long-awaited news bitcoin again rise in price, your opinion is true when bitcoin has decreased a lot of about 15% and followed by the amount of volume decreased, a few moments ago bitcoin prices seems not moving up and down is not too significant, my prediction related price bitcoin for short or around 1-3 months bitcoin prices around 11K to 13K, hopefully good news bitcoin will soon be rumored one of them with the price on the market, may be useful, stay calm and successful for all of us

Topic: What's wrong with Bitcoin now? (Read 798 times)