Topic: What's wrong with Bitcoin now? - page 8. (Read 798 times)
Instead of questioning bitcoin's ups and downs, why wouldn't people just go on and capitalize on these price changes instead of giving volatility a new meaning? Determining current trends and whatnot sure helps a lot for traders, butt for normal investors like most people here who intend to go long, why need to go on and gather mental stress? Everyone is waiting right now to sell their coins but long term prospects tell us that we're still bullish. Personally, i think a good reversal would happen after the months of May and June are over, and we could go on full-blown bullish mode again. I just hope that there'd be no more large-scale sell offs that could potentially bring the price down.
Do not forget that the feature of bitcoin is its ability to fluctuate the rate. That's normal. There are of course factors that affect the fall in prices.One of them is the emergence of forks. In simple words, the developers decided to change the rules of the game.These changes attract a part of customers and this leads to a drop in bitcoin quotes.Of course that's not the only reason. The experts name many more. The imperfection of technologies to accusations of pyramid and HYIP. Bitcoin is not falling for the first time.But then it comes up again.If someone has already bought bitcoin at the peak of the cost can only wait until the price goes up.
Considering 2017 was an insanely bullish year it's not that surprising really that 2018 is shaping up to be less eventful. Bitcoin has often followed similar patterns after it's big bubbles over the years. Long slow bleeds or sideway market movement(lack thereof rather) is par for the course really.
Honestly, the fact that Bitcoin is still at these prices is pretty amazing. Being able to float around 10k and sustain enough demand to offset all the mining and such is pretty impressive imo after watching it over many years. The growth is almost unbelievable.
Honestly, the fact that Bitcoin is still at these prices is pretty amazing. Being able to float around 10k and sustain enough demand to offset all the mining and such is pretty impressive imo after watching it over many years. The growth is almost unbelievable.
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.
I had noticed this and that is the disadvantage of the rapid movement in price that happened during that period. It opened our eyes to prices that no one would imagine it would get to in 5 years a month before. This then made people start making predictions about how it will get to $100,000 with one year. Some even went as far as predicting that the price would touch $1,000,000 in no distant time forgetting that the percentage movement was what was gathered for over 7 years and we are all expecting same feat to be reached in 7 months.
Even at this time, everyone still need to be happy (with the exception of those who bought at $15,000+) because the point at which price is now, is still some element of appreciation if we take away the December era away because that time was really a balloon that I thought my wallet has bug when I checked the price to see over 30% increase in one night.
The price was fixed for 1 BTC = 10 000 $. This is already good. You when investing in Bitcoin think that he will grow every day to heaven. It will not happen. You need to wait.
heavy pumping oe dumping in value not stabailty thats effcts the coin value this time bitcoin complete own corretction after that it well helpful for users
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?
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 there is nothing wrong with the bitcoin market now, if the market price is down now we may be aiming for a lot of searching for btc and investing temporarily in the sense of saving, when the market price goes up then there is a golden opportunity given to us.
there is thousands weakhands out there and they are too emotional. any little negative news effect lot's of people and they do panic sell every time. wait for 1 year and you will hear their cry.
There were not too many coins in the past. For this reason all coins and certain coins were invested. But now there are thousands of tons. And the number of coins is increasing every day. Crypto moneys are scattered in thousands of coins. For this reason Bitcoin prices do not increase rapidly.
In the past, the advantage of bitcoin was 85%. Now 37%. That's why you do not get the price.
In the past, the advantage of bitcoin was 85%. Now 37%. That's why you do not get the price.
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Bitcoin isn't dead. Bitcoin isn't broken. Bitcoin can't moon all day! After we understand these 3 facts it is clear that Bitcoin is consolidating before making another run up, otherwise it would have dumped past 6k already. Obviously that can still happen, but I believe we are more likely to hit 10k than we are 6k at this point in time.
Well, there is nothing wrong with it. In fact, I am happy to see that correction took place earlier and the artificial price really didn't last long because such artificial hike not only affects the investors but also it spreads the wrong message among the people who don't have any idea of Bitcoin. I have seen some people (newbies) investing high amount just because the price was rising but they started blaming Bitcoin after the correction took place.
Expecting something that is not realistic in really is not the way traders and the price correction we see now is the normal phase for the traded online assets. Obviously when Bitcoin reaches at an all-time high almost everyone takes advantage and only a few succeed in losing.
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.
Why the hell every month should someone remind us that the price is dropping and that the price had reached $19000, this is for people to get into more panic?
Bitcoin investors have been predicting that meteoritic rises will commence any day now.
Anyone can make price prediction, I will make a prediction now: in 2022 the price of bitcoin will be $12000. The bottom line here is: why am I making this prediction? I rely on what to do this prediction? we need at least to show some argument that led us to make such a price prediction
What is happening in the Bitcoin world?
Last year we did not have the regulations, we had a great ICO race, today we have the regulations, I have the governments exercising pressure, so this probably reduced the number of people who buy bitcoin
What is the near-term price forecast for Bitcoin?
$9500
For my opinion BTC also needs to play a price. If BTC's high value seems to be hard to buy, it's good to have high value especially for altcoins. But it really needs to go down to Market Balance.
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?
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?
This topic is better for the speculation section of the forum because its no different than all of the threads you see about questions on when bitcoin would increase or maybe it will crash further, will.it reach the all time high again etc. Nothing is actually wrong with bitcoin, whay happen was that we got accustomed to the period of high price and we continue to make reference to that particular period forgetting that even at the current price of $8000+, its still a way high of appreciation over the same time period last year.
While this question has come up time and time again, I don't think there is much to say about the price showing that their are problems. The price is something which may not always react to the sentiment of the community itself nor to the fact that we could be having some amazing strides (such as LN)
There are some things that are wrong, such as large scale network congestion and high fees when the network is unable to handle the load it's taking on. Or the fact that we're unable to reach a consensus on HOW to fix these problems.
There are issues, but none are telling by the price.
There are some things that are wrong, such as large scale network congestion and high fees when the network is unable to handle the load it's taking on. Or the fact that we're unable to reach a consensus on HOW to fix these problems.
There are issues, but none are telling by the price.
This volatility is normal and will last for a long time. While there are whales with large quantities of Bitcoin this will still be seen, only with the passage of the years and maturing of the market is that we can have less oscillations.
Why are you getting so panicky? Do you assume the charge to maintain on going up forever? And do you anticipate the charge to recover so rapidly after the big rally we had final yr. Expect few greater months of correction before we reach any in which near ATH again. In fact, I could say do not count on us to attain close to ATH this year at all.
there is wrong with the bitcoin... its a trend of the market.. so dont worry and wait when the market will be stablize... 
I agree with your opinion, and I will wait until the price is stable because I am sure that bitcoin price is increasing and profit will wait for us.Until now I hope that what I want comes true for me with my family to be happily ever after.
Bitcoin has lost almost 15% of its value since two weeks ago.
bitcoin is volatile and going up 15% or dropping down 15% is what we call "volatility". Quote
At the peak around Christmas holidays, it was trading at over $19,000.
yes and it is also up from last year's $1000 so it is already 8-9 times higher in only one year!Quote
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.
speculations these days are all over the place from what i am seeing which i believe proves that people are not sure about what will happen, although i have to admit they mostly tend to be positive and predict a rise.regarding volumes i have to say they are surprisingly high as a matter of fact. i don't know where you looked but they are high on all exchanges which is why i consider this an accumulation phase.
Obviously from all the sides it does feel like bitcoin is in good state right now and there is nothing wrong with it as such. We are already trading bitcoin at very high prices and some do call it overpriced as it surged almost 10 times the January 2017's price. So the question is why to worry about it anyway.
If we had such peaks back then, it means we will have it again and this time it could be better than the previous spike. Why not think that current 8-9K USD are the starting point this year and if it goes 10 times high then I couldn't imagine how rich we can be in such short period of time.
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