Why the Bitcoin is still down? - page 25.

Lexurdania

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Quote from: Muzika on February 02, 2019, 09:07:07 AM

Quote from: Naida_BR on February 02, 2019, 06:30:15 AM

Personally, I think that mass adoption is going to push the prices up and reach a new ATH. As the supply is limited, by increasing the demand for Bitcoin is going to have a significant positive effect in its price. We should try to integrate Bitcoin as a way of payment method in e-commerce businesses at first. This is very easy and it can show results directly to the market.

Mass adoptation will really help the market to improve specially the adoptation by the government to the cryptocurrency. Investors will help the market but it is just for temporary and they have the power to control the price.

I dont think mass adoption become very easy because its related to government regulation and many government ban or prohibit bitcoin in merchant. Its true bitcoin price drop significantly in 2018 but its because investor panic and many people take profits.

Ronaldcoin2017

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Quote from: Indrawan77 on February 04, 2019, 12:19:30 AM

The bitcoin is still down because of the lack of interest from the investors, the long bearish market had make the investors doubt about the future price of bitcoin, we just need a positive trigger, it can be from bakkt or any good news like the adoption from new countries, or any big companies start to adopt bitcoin, bitcoin need a fresh fund to start the bull run

I agree on that many investors are now afraid to invest in bitcoin due to the continuous dropping of the bitcoin price. I believe that people wanted to earn a huge amount but if we take a look on the bitcoin market we can really say that this market will maybe take a long time to recover. I believe that bitcoin is amazing ways to earn a huge amount of profit but we can also loss on it maybe we need to be more extra careful on investing.

Indrawan77

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The bitcoin is still down because of the lack of interest from the investors, the long bearish market had make the investors doubt about the future price of bitcoin, we just need a positive trigger, it can be from bakkt or any good news like the adoption from new countries, or any big companies start to adopt bitcoin, bitcoin need a fresh fund to start the bull run

boyptc

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Quote from: budiarmed on February 03, 2019, 01:19:51 PM

It seems that if there is a mass adoption it can increase the price of bitcoin, and for now the market is still in a crisis of trust and that will bring a slow increase, be patient.

Mass adoption would lead to price increase but as of the moment we haven't seen the effect of this news --> https://dailyhodl.com/2019/02/03/crypto-milestone-wyoming-senate-passes-bill-to-make-bitcoin-xrp-ethereum-litecoin-eos-and-altcoins-legal-form-of-money/

I guess the effect would take lately.

Tylev

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Quote from: davis196 on February 02, 2019, 07:41:43 AM

Bitcoin isn't "down".The bitcoin price is where it is and we shouldn't compare it with the 2017 bubble.
If we want a higher bitcoin price,we should buy more btc and convince more people to buy btc.This is the only thing we could do(and it's not enough).The crypto whales will have to start buying.

Totally agree with you. We do not need to try to influence the price of cryptocurrency artificially. Otherwise it will only get worse. If someone thinks that the high price of bitcoin is good, then he is mistaken. Its high price will necessarily entail a large price decline, which, in turn, may lead to more serious consequences.
Bitcoin needs legalization by its states and creation of infrastructure for its circulation as a means of payment. Then the level of its adoption will increase dramatically and, accordingly, demand and price will increase.

Colan Zolo

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Indeed bitcoin is going down, and we also don't know that after the Chinese new year, there will probably be a good move because after Chinese investors return and give positive numbers for bitcoin. Market conditions that are not always predictable are right.

boyz97

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Quote from: wahyu wida on February 03, 2019, 08:52:45 PM

Quote from: hahay on February 03, 2019, 02:04:39 PM

Quote from: CaptainKid on February 03, 2019, 01:46:37 PM

Personally, I find it hard to guess what factors may affect the rise in Bitcon's price and the recovery of the entire crypto-currency market, but maybe we need big news, such as the launch of the ETF bitcoin, or the launch of the bakkt platform. Maybe these innovations may affect the increase in demand and the rise in Bitcoin prices.

Yes it seems that for now only news from ETF and BAKKT will affect the cryptocurrency market, whether it's good or bad news both have an effect on market movements. Because apart from that recently there were also a lot of positive news that I knew about cryptocurrency and everything still could not affect the market, or maybe about Chinese New Year which will happen in a few days can make a movement in the crypto market. Maybe we can only wait.

right. but unfortunately ETF and Bakkt are unclear when it will happen after yesterday's schedule resignation. and hopefully after the Chinese new year the price will react, because the executor will stay tomorrow

most investors hope after chinese new year much whales investors comeback to market especially chinese investors that have big influence to market.atleast bitcoin dont moved again around $3500, we need it back to above $4000 so investors get their confidence back.

wahyu wida

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Quote from: hahay on February 03, 2019, 02:04:39 PM

Quote from: CaptainKid on February 03, 2019, 01:46:37 PM

Personally, I find it hard to guess what factors may affect the rise in Bitcon's price and the recovery of the entire crypto-currency market, but maybe we need big news, such as the launch of the ETF bitcoin, or the launch of the bakkt platform. Maybe these innovations may affect the increase in demand and the rise in Bitcoin prices.

Yes it seems that for now only news from ETF and BAKKT will affect the cryptocurrency market, whether it's good or bad news both have an effect on market movements. Because apart from that recently there were also a lot of positive news that I knew about cryptocurrency and everything still could not affect the market, or maybe about Chinese New Year which will happen in a few days can make a movement in the crypto market. Maybe we can only wait.

right. but unfortunately ETF and Bakkt are unclear when it will happen after yesterday's schedule resignation. and hopefully after the Chinese new year the price will react, because the executor will stay tomorrow

beami

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To be able to lift the value of bitcoin then investing assets into crypto, one that must be done and give positive things about crypto to people. Every step we take to introduce crypto to society must be real so that they can believe it.

mersal

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Quote from: Poortorich2018 on February 02, 2019, 06:27:58 AM

what is the another ways to lifted up the Value of bitcoins in the market?

I think to lift up the Bitcoin to normal person will not be easier one if we want to take up Bitcoin to the normal person we need to adopt them because adoption only the way to make the Crypto currencies to a better situation and better status the people will help that it will be possible.

tinker123

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Naturally, Bitcoin is at the bottom and does not move. Want to raise the price? Invest in cryptocurrencies. Everyone is waiting and waiting and they are not going to do anything, so nothing happens.

CaptainKid

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Personally, I find it hard to guess what factors may affect the rise in Bitcon's price and the recovery of the entire crypto-currency market, but maybe we need big news, such as the launch of the ETF bitcoin, or the launch of the bakkt platform. Maybe these innovations may affect the increase in demand and the rise in Bitcoin prices.

hahay

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Quote from: CaptainKid on February 03, 2019, 01:46:37 PM

Personally, I find it hard to guess what factors may affect the rise in Bitcon's price and the recovery of the entire crypto-currency market, but maybe we need big news, such as the launch of the ETF bitcoin, or the launch of the bakkt platform. Maybe these innovations may affect the increase in demand and the rise in Bitcoin prices.

Yes it seems that for now only news from ETF and BAKKT will affect the cryptocurrency market, whether it's good or bad news both have an effect on market movements. Because apart from that recently there were also a lot of positive news that I knew about cryptocurrency and everything still could not affect the market, or maybe about Chinese New Year which will happen in a few days can make a movement in the crypto market. Maybe we can only wait.

budiarmed

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It seems that if there is a mass adoption it can increase the price of bitcoin, and for now the market is still in a crisis of trust and that will bring a slow increase, be patient.

Oilacris

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Quote from: Vinalians on February 03, 2019, 12:02:10 PM

Quote from: Poortorich2018 on February 02, 2019, 06:27:58 AM

what is the another ways to lifted up the Value of bitcoins in the market?

There are so many ways lifting up the value of bitcoin but if the investors and the traders are really not into it for sure the value of it will not increase. This depends on the traders and investors of bitcoins and not in only one person. They are just waiting for a good time to lift it up for sure.

If everyone was holding bags right now and without a new investors to join in the market then bitcoin would keep dropping unless whales make a move.
The only thing that people are waiting now is the halving of bitcoin next year however it is still unclear on when would the bullish market would start. We might see another bottom during that time.

kidoseagle0312

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Quote from: Poortorich2018 on February 02, 2019, 06:27:58 AM

what is the another ways to lifted up the Value of bitcoins in the market?

I think as of the moment, lot of the communities are getting much aware now in taking the chance to buy coins were it is a potential one while they're now in stage of cheap price value. We may saw that the market was down presently but it is actually a good and positive not a bad situation. The more people decide to buy a huge of those coins that are down now there is a high chances to increase it again in the near future.

Vinalians

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Quote from: Poortorich2018 on February 02, 2019, 06:27:58 AM

what is the another ways to lifted up the Value of bitcoins in the market?

There are so many ways lifting up the value of bitcoin but if the investors and the traders are really not into it for sure the value of it will not increase. This depends on the traders and investors of bitcoins and not in only one person. They are just waiting for a good time to lift it up for sure.

Horas1976

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Bitcoin is down and no investors are adding to the bitcoin coffers, so the confidence of bitcoin is starting to decline. There needs to be a movement that can suck new investors present and adopt bitcoin. But as time goes on, the bitcoin will be trusted again and the value will rise again.

sheenshane

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Quote from: trader34 on February 03, 2019, 08:03:02 AM

Quote from: Poortorich2018 on February 02, 2019, 06:27:58 AM

what is the another ways to lifted up the Value of bitcoins in the market?

I think the main reason is a lack of confidence in the market, although progress is being made and many companies are developing. Sooner or later the situation will improve.

Self-confidence is needed then you are right, as what I have seen many people(weak holder) do panic selling when they know the market is red and they think cutting losses is the best solution there, they want quick profit on it. They never care about the real value of Bitcoin, when they've seen Bitcoin will raise up that's the time they jump the price and hoping profit in a shorter time.

Here is my own opinion, we need massive adoption and giving a real value of bitcoin. And let's bear this in our mind that Bitcoin must be the currency on the internet and not only getting profit.

trader34

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Quote from: Poortorich2018 on February 02, 2019, 06:27:58 AM

what is the another ways to lifted up the Value of bitcoins in the market?

I think the main reason is a lack of confidence in the market, although progress is being made and many companies are developing. Sooner or later the situation will improve.

Topic: Why the Bitcoin is still down? - page 25. (Read 5127 times)