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Topic: What's wrong with Bitcoin now? - page 4. (Read 798 times)

full member
Activity: 434
Merit: 100
June 10, 2018, 11:23:39 AM
Well, bitcoin is just on a crisis where events are likely one of the reasons behind it. We can't also count off those whales who are moving or selling their bitcoin most especially those people who got panicked and sold their crypto assets in fears of losing their investment. But for true holders, they just simply brushed off and never mind holding no matter how low bitcoin can get.
member
Activity: 127
Merit: 10
June 10, 2018, 04:05:22 AM
the bitcoin is now down because investors and miners hold lots of bitcoins and sell it at high prices and are in a big deal and so reduce the price of bitcoin down but we should not worry about this because such a way of processing bitcoin.
legendary
Activity: 2170
Merit: 1427
June 09, 2018, 07:18:55 AM
the only reason why the price of the bitcoin decreasing because most of the people who are hate bitcoin spreading false news about bitcoin and that's negative . The people are panic selling their bitcoin so the price decreasing again the price of the bitcoin not increasing what bitcoin price already reached before.

That's just nonsense. The few noobs that might have ended up selling, in no shape or form have the ability to dent the market.

Did I sell because of fud? No.
Did anyone around me sell because of fud? No.
Do most people here sell because of fud? No.

Most people in this market are are utter noobs, so if we had to go by your logic, the price would have gone down to the floor with how thin the market is.

People hold because the price has gone down to such degree, that it doesn't even make sense to sell anymore. To add; if you observe the market, people are more willing to hold their coins than ever before, regardless of what the sentiment is. Bitcoin is the digital Gold that people are hoarding. Selling now means regretting it later, quite some people have realized that.
full member
Activity: 756
Merit: 102
June 09, 2018, 05:45:07 AM
The only problem of bitcoin now is its people. The continues forecast of negative things which leads newbies to confusion and not investing on it. Scams sure are plenty these days but we should not be discouraged about investing on ICO because sure there are also a lot better.
Agree the only reason why the price of the bitcoin decreasing because most of the people who are hate bitcoin spreading false news about bitcoin and that's negative . The people are panic selling their bitcoin so the price decreasing again the price of the bitcoin not increasing what bitcoin price already reached before.

I dont think that that is the reason why bitcoin suddenly fall. its not about those false news or fuds etc. But it is because of some whales  did sell some of their coins. other reason reason that i can think of is maybe some other people also sell their coins because they badly need the money for school fees or for buying a school supplies because we are now on the month of june and june is known to be a start of the class but as soon as the month of june has passed , i strongly believed that btc's value can recover again.
full member
Activity: 420
Merit: 100
June 09, 2018, 05:44:35 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 with bitcoins, there will be always a time where the market is dumping and that is not a problem, dumping of prices is not problem because it lets invest even more, traders can always use the volatility of the market in order to earn more profit.
hero member
Activity: 1834
Merit: 523
June 09, 2018, 03:01:53 AM
The only problem of bitcoin now is its people. The continues forecast of negative things which leads newbies to confusion and not investing on it. Scams sure are plenty these days but we should not be discouraged about investing on ICO because sure there are also a lot better.
Agree the only reason why the price of the bitcoin decreasing because most of the people who are hate bitcoin spreading false news about bitcoin and that's negative . The people are panic selling their bitcoin so the price decreasing again the price of the bitcoin not increasing what bitcoin price already reached before.
full member
Activity: 1303
Merit: 128
June 09, 2018, 02:42:36 AM
The only problem of bitcoin now is its people. The continues forecast of negative things which leads newbies to confusion and not investing on it. Scams sure are plenty these days but we should not be discouraged about investing on ICO because sure there are also a lot better.
hero member
Activity: 1834
Merit: 523
June 08, 2018, 07:10:06 PM
From $20,000 to $7600 as of now, it's totally sad those investor who are invested to bitcoin when the price is very high. The only way to see the price of the bitcoin increasing again if we have unity and support bitcoin right now because of what happening. There's nothing wrong with bitcoin the price is how the investor care bitcoin.
sr. member
Activity: 533
Merit: 251
Streamity Decentralized cryptocurrency exchange
June 08, 2018, 03:53:27 PM
Nothing is wrong, bitcoin is completely fine. If you are new to cryptomarkets you might be bit cautious cause it doesn't really increase at all. But don't worry and stay patient bright days are ahead of us, it will happen.
sr. member
Activity: 462
Merit: 250
June 08, 2018, 02:21:13 PM
The wrong about bitcoin now is that there so many users of bitcoin. It is increasing rapidly. Members and investors are growing. The rates of bitcoin is very low. Sometimes, dummy accounts are also made and is increased everyday.


To own bitcoin  is not very is very wrong mate. If someone will buy bitcoin from me, as long as they have the capability of buying even thought that the only name is bitcoin so if it was just a dummy account, it is a not problem.
sr. member
Activity: 602
Merit: 255
June 08, 2018, 02:02:03 PM
Nothing is wrong with bitcoin.Actually now the investors in bitcoin is increased compared to last year.The reason for the price drop is simple.It is due to the some country announced bitcoin as illegal one.The investors in that countries,sell their bitcoin at low price.
Vod
legendary
Activity: 3668
Merit: 3010
Licking my boob since 1970
June 08, 2018, 01:46:55 PM
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.

Copy/Paste

https://medium.com/@virtualsteve/whats-gone-wrong-with-bitcoin-and-can-it-be-fixed-in-time-71c19acdc20a
jr. member
Activity: 196
Merit: 6
🚀🚀 ATHERO.IO 🚀🚀
June 03, 2018, 11:29:50 PM
The wrong about bitcoin now is that there so many users of bitcoin. It is increasing rapidly. Members and investors are growing. The rates of bitcoin is very low. Sometimes, dummy accounts are also made and is increased everyday.
newbie
Activity: 126
Merit: 0
June 03, 2018, 11:24:01 PM
All these are mere speculations,$8000 is not bad for bitcoin presently. We know there are a lot of factors affecting it but we have been here before. No cause for alarm
sr. member
Activity: 1935
Merit: 290
June 03, 2018, 11:02:03 PM
Actually bitcoin value failed start 2018 year and now have been running.it is demand full price for the bitcoin holders. Because bitcoin holder their want to buy bitcoin of the lower price and will sell higher price.i know bitcoin is a popular currency and holder, trading, investor increase day in day..
sr. member
Activity: 602
Merit: 250
June 03, 2018, 07:00:30 PM
#99
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?
I think it would be a common thing if bitcoin has decreased in price and it's one of the risks in investing with bitcoin patience and confidence in bitcoin that investors need to do in investing with the current bitcoin
newbie
Activity: 224
Merit: 0
June 03, 2018, 02:44:46 PM
#98
It's OK that BTC  price can go down and we shouldn't be afraid and worried about it because soon it will rise up. Cryptocurrencies are volatile but it is OK for the market
newbie
Activity: 112
Merit: 0
June 03, 2018, 01:29:54 PM
#97
nothing wrong with bitcoin, bitcoin is in low demand, i think end of year will be get high demand
sr. member
Activity: 868
Merit: 266
June 03, 2018, 01:16:35 PM
#96
The only thing currently wrong with Bitcoins is the naive investors who are always quick to go sell their bitcoins whenever they hear rumors that there is ban forthcoming from one of the popular crypto countries.
jr. member
Activity: 399
Merit: 2
June 03, 2018, 12:47:23 PM
#95
Well I can see it is only facing market challenge, that market must remain the same all time some days are days of red you know it is only obeying the law of demand and supply that is why
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