Topic: When will Bitcoin drop and how? (Read 2354 times)
W are not sure when will bitcoin drop but it will happen if this increase is a bubble and the market cannot sustain the upsurge of price. Price is always affected by supply and demand, and if ever the demand for bitcoin is fake (bubble created by whales) it will eventually pulled out creating drop in price. Another factor is correction, the market cannot sustain the increase in price and will settle on the more stable price range.
Bitcoin keeps popping up that I'm even confused sometimes. What I ask myself is so how is it going to stop and when? Or it will keep increasing? Will the activities with bitcoins increase or drop it, or will the activities with fiat currencies decrease the price of bitcoin?
Its is tough to predict on what will be the price of bitcon but the only one thing that I can assure is bitcons price will drop if it is demand became low or if bitcoins is being banned in certain country. I think it is normal for bitcoin to drop because this is one of the abiliy of bitcoin the "unstable price". Yet, it became low because of the correction inorder to fix the price. 
It is so difficult to predict when will the price go down or up, that's Bitcoin volatility for you. However, there are times within a year when the price occasionally increase and decrease. We have the so called correction where the current price of bitcoin will go down in order to correct the price. This is a normal event in bitcoin's price and a chance for investors to buy more coins. The best thing to do now is to monitor every steps in bitcoin. Uncertainties can always happen so no one can give the best and perfect answer for your concern.
If it concerns the crypto currency, then no analyst will make an accurate forecast for the next few days / weeks or months. Yes, in general, we can assume that the price will rise. But periodic falls no one guesses
Bitcoin keeps popping up that I'm even confused sometimes. What I ask myself is so how is it going to stop and when? Or it will keep increasing? Will the activities with bitcoins increase or drop it, or will the activities with fiat currencies decrease the price of bitcoin?
It's confused a lot of people in my opinion and including me. Bitcoin has some real surprises for everyone.I thought that bitcoin was going to crash when it was $1000 because i have never seen it rise so fast in such a long period of time. In fact i think the memory of most bit coiners at the time is bitcoin staying constantly at $400 and not moving at all - i was sort of expecting it to go back to $600, $500 etc.
But obviously i've been proven wrong. There is just no way bitcoin price is going to be predicted. Chart analysis does not work, it's just too unpredictable and too volatile as the market cap is low.
I would say at least to $3500 before any sort of correction comes. Just my say though.
It is so difficult to predict when will the price go down or up, that's Bitcoin volatility for you. However, there are times within a year when the price occasionally increase and decrease. We have the so called correction where the current price of bitcoin will go down in order to correct the price. This is a normal event in bitcoin's price and a chance for investors to buy more coins. The best thing to do now is to monitor every steps in bitcoin. Uncertainties can always happen so no one can give the best and perfect answer for your concern.
Bitcoin keeps popping up that I'm even confused sometimes. What I ask myself is so how is it going to stop and when? Or it will keep increasing? Will the activities with bitcoins increase or drop it, or will the activities with fiat currencies decrease the price of bitcoin?
If you can see from the year 2008 then you will find that it's speed of increasing price is very slow according to its past .Here I will suggest you to buy now because the price for the Bitcoin will go speedily rise without going much down .
The reason behind this is that many countries are accepting Bitcoin as a legal thing and safe to have it , I mean a type of legalisation and regulation at the use .
So the people are not feeling any fear to have Bitcoin and continuously buying without stopping .
And this is making totally the Increase in the demand of Bitcoin in the whole world .
I don't think bitcoin will drop in the next decades. A country or another can legalize an altcoin, but it won't affect all the other persons from the world. Many are here to skip the countries wishes and makes no sense to follow a currency because it was legalized by a country.
Bitcoin can drop when the currently technology becomes worthless, and it takes too much time to happen, that is why I think bitcoin survive well for more few decades without worries.
Bitcoin can drop when the currently technology becomes worthless, and it takes too much time to happen, that is why I think bitcoin survive well for more few decades without worries.
If bitcoin will drop there will be a massive reasons of dumping from those sellers particular to bigger whales who had huge investments. There is no exact date bitcoin will drop because it cannot be predicted and it only depends on the fluctuations at the market price. You must be updated all the time if planning on buying bitcoin for investments so that cheaper price will be grabbed as an opportunity for us to invest and hold for future profit gains.
I am only worried about other altcoins competition. In case you don't know: Vitalik Buterin and Vladimir Putin met yesterday and discussed the application of blockchain technologies in Russia.
It seems that Putin will endorse Ethereum because it is more centralized than Bitcoin and he could influence it through Buterin. What will happen if Russia will legalize ETH instead of BTC next year?
In the worst case scenario that would make bitcoin a redundant asset in the future.
It seems that Putin will endorse Ethereum because it is more centralized than Bitcoin and he could influence it through Buterin. What will happen if Russia will legalize ETH instead of BTC next year?
In the worst case scenario that would make bitcoin a redundant asset in the future.
Why are you worried? Bitcoin has better code than Ethereum will ever have. All the dapp ICOs that were organized in Ethereum will have to wait for Vitalik to find a solution to make the network scale. From listening to different podcasts and interviews of the elite coders in crypto, they have said that Ethereum will not scale and all the solutions proposed, like Casper and sharding, are mere delusions from Vitalik.
I am not a coder but I would like to know what really is going on with Ethereum from the point of view of a coder.
Well a dip happened if there is a big whale working behind and cashing it out the first moment he saw huge profit. And the next thing happened, others panic sell causing the market to crash to a new low. I think this is a likely scenario. But we also know that the crash will only just take a matter of days and won't last a week or so. Just like the last crash we have, I think it just only 3 days. Very short lived.
bitcoin will not keep increasing continuously for sure. even if the bitcoin price is dropping, it is not gonna hurt miners a lot, unless the price of bitcoin is decreasing like 30% in a day, where the impact is extreme in little difference. let alone with the bitcoin price returning to below $1000 nowadays with the bitcoin being legalised in a certain type of countries.
bitcoin is in a breathing effect which drops after rise and then in a cycle where increase is better than drop.
bitcoin is in a breathing effect which drops after rise and then in a cycle where increase is better than drop.
I am only worried about other altcoins competition. In case you don't know: Vitalik Buterin and Vladimir Putin met yesterday and discussed the application of blockchain technologies in Russia.
It seems that Putin will endorse Ethereum because it is more centralized than Bitcoin and he could influence it through Buterin. What will happen if Russia will legalize ETH instead of BTC next year?
In the worst case scenario that would make bitcoin a redundant asset in the future.
It seems that Putin will endorse Ethereum because it is more centralized than Bitcoin and he could influence it through Buterin. What will happen if Russia will legalize ETH instead of BTC next year?
In the worst case scenario that would make bitcoin a redundant asset in the future.
The growth and fall in price happens unexpected. We can make predictions based on the scenario happening over the entire network. The current price increase is quite a sustained growth caused due to the increasing adoption, so a dip these days is not gonna take place. A dip could take place if someone in the top development team gives some negative statement against bitcoin same as one happened in the past.
I cannot believe nobody has mentioned the upcoming UASF this coming August. If you do not know what that is then I suggest go read about it. If there was a possibility to make Bitcoin crash this year then that would be it.
that's the one. if we end up with two bitcoins, which would surprise me, i think the party would be permanently over.
Even if there was an ETH/ETC kind of situation there would be an obvious "winner".
In your opinion, on which chain would the Core developers choose to continue their development?
In all honesty, where ever the best developers go, that is where most of our investments should go. Core has been doing a good job with Bitcoin so far. I know they tend to be conservative but that is only because they cannot risk breaking a multibillion dollar blockchain.
Bitcoin keeps popping up that I'm even confused sometimes. What I ask myself is so how is it going to stop and when? Or it will keep increasing? Will the activities with bitcoins increase or drop it, or will the activities with fiat currencies decrease the price of bitcoin?
There will be drops along the way but no one can predict them for sure. I thought we would have had a bigger drop after the record increase but it recovered quickly. But another drop could still happen.
A drop is unlikely to happen right now or even if it happens it won't be so big or something like a breaking news. And ya if you are asking in general well that will normally happen either when the price is really high or there is a sort if panic in market which used to be created by china in the past.
When is kind of a tricky and unanswerable question. How is answerable somehow. By people selling their bitcoins as they deem that they already profited enough, that is where it will start. If most whales who provide support on a certain price range cut their position, everything is downhill from there. Right now traders are capitalizing off of the good exposure bitcoin js getting now amidst the uncertainties on the block size et cetera.
Bitcoin always drop but easily recovered it was very versatile that no one can accurately predict when will bitcoin drop, unless you are a whale and want to drop bitcoin and buy after the little fishes panic selling. For now you must buy more and join the ride to the moon.
Bitcoins price is unstable so basically we can't really tell when it is pumping or dumping. And it has been that way ever since, if you wanted to know how you can tell when bitcoins marketcap dumps then you can try to educate yourself and learn also how to read charts.
No one can know the exact price of bitcoin. We are all here just speculating how bitcoin prices move in the market share. And when the bitcoin price decreases then there will be many people who panic sell, they will easily sell the bitcoin they have. This is the advantage a trader can get, they take the opportunity in a panic state. But when there is more demand from bitcoin usually bitcoin prices will increase. these are all difficult to predict, we all follow the existing market for bitcoin prices are easily affected by various circumstances.
Jump to: