Will bitcoin stay? What should we do...

s0beit

sr. member

Activity: 556

Merit: 250

Quote from: cryptocoinplay on February 02, 2018, 12:16:40 AM

Bitcoin price has been fallen a lot since last 2 weeks. From $17,000 to $8,000 its about 50% fall within 2 weeks. Croyptocurrencies have higher movements and includes risk of losing. Trading is not a good idea with Croypto-Currencies if you have a tight budget. But for wallets you don't lose the coins. We have seen this kind of fall before too and market jumps up more than it falls.
The same thing might also happen its just confusing us by some rumors , I suggest to hold coins and wait to see what really happens.

Today's Rate: 1 BTC = $8590.09

Bitcoin is volatile and it's value may fluctuate anytime and we must always be ready for these kind of changes because it is a part of the risk that we have taken. We should all put in mind that bitcoin is unstabble but the current value isn't a reason enough to panic and give up. Bitcoin got all the potential so we have to trust it

fulmetal08larz

full member

Activity: 476

Merit: 124

Beauty is in the eye of the beHODLer. This downfall we're experiencing is somewhat expected since its parabolic rise in December 2017 due to the hype it gathered from last year's news about BTC. As long as the BTC is growing and developing, there is nothing to worry about because in the future, it could be a necessity to have digital currency for transactions.

CryptoJedi1

newbie

Activity: 54

Merit: 0

Yes, bitcoin will stay.

eydrea

member

Activity: 235

Merit: 11

It is normal for bitcoin. If you look at its history, it happened already. So why are you panicking? Bitcoin may die in the future but it is not within 10yrs. It has more years before people lose its interest so keep believing on bitcoin while it is here. It might fall its price but keep holding of your remaining coins because it has a chance that it will hit more than the price you are expecting.

elramsy

newbie

Activity: 98

Merit: 0

Bitcoin has come to stay forever, though the price of Bitcoin has been fluctuating since the past few months, but i will advice to still hold the coin because bitcoin has the potential of hitting 29k this year

coinbitrade

full member

Activity: 714

Merit: 107

I agree. The bitcoin has fallen very badly, and I do not see the reasons for such a rapid fall. How strange that all these gentlemen. But now the price is more or less stable, and it remains only hope that the price will increase

aoihs00

sr. member

Activity: 700

Merit: 300

Yeah we know that very well. Add something more greater like, Mt Gox is going buy billion dollar worth bitcoin and thus bitcoin will make up surge and will cross the ATH 20K USD. Lolz. (Hypothetical but could be fun). By this time everyone has started to know that bitcoin holding is the only option for us if we really want to make money out of it. There is no way we can earn money in the crypto if we dont have any stability in long run. You get panic when the bitcoin is dropping then I am pretty sure that crypto is not for such people. But if you overcome fear loosing then you will be mastering it sooner than you think. So just hold and thats all I could say after three years of crypto experience.

CryptoBatman1

newbie

Activity: 30

Merit: 0

Quote from: Marrionbitcoin on February 02, 2018, 12:28:30 AM

Quote from: cryptocoinplay on February 02, 2018, 12:16:40 AM

https://s18.postimg.org/g9ta8eb49/btc.png

Bitcoin price has been fallen a lot since last 2 weeks. From $17,000 to $8,000 its about 50% fall within 2 weeks. Croyptocurrencies have higher movements and includes risk of losing. Trading is not a good idea with Croypto-Currencies if you have a tight budget. But for wallets you don't lose the coins. We have seen this kind of fall before too and market jumps up more than it falls.
The same thing might also happen its just confusing us by some rumors , I suggest to hold coins and wait to see what really happens.

Today's Rate: 1 BTC = $8590.09

Thank you so much for the graph that really helpful for me and for the encouragement to just HOLD eventhough it is bearish.
We all know there are so many dips and the prices of Bitcoin and Alcoins are still decreasing and drastically low for a short period of time but that is normally happens like early last year.
However, we still need to just hold and be patient about what is currently happening. Let's just wait for the perfect timing.
For you to be able to jump higher, you need to bend your knees.
So, I am expecting that Bitcoin will jump up higher than before which gives us so much income.
Bitcoin is too big to lose so we better to invest today since the price is low and then hold until we reached the desired income.

Yes, Bitcoin will stay in the near future.

bayibufo

copper member

Activity: 84

Merit: 0

Yeah.of course.Bitcoin will staay.Don't take panic.

Casey7

member

Activity: 266

Merit: 10

Quote from: MrBea on February 02, 2018, 12:26:49 AM

Yeah nothing to worry about, if you followed the golden rule of never investing more than your OK with to lose you wouldn't even be sweating it right now. We needed a healthy correction when we shot up to 8-20k so quick that is so unhealthy for long term. I would much rather stand behind a project that is always steadily growing with upcoming technology versus something that is just getting blown up due to hype and following money.

Yes always put money in high risk which we can afford to lose so we will not be sweating now.
Sometime people think this crypto is very easy to earn money and thats very big mistake.
Lets start learning how it really work. Dont ever think like that. It can make you even more than sweating.

ross09

full member

Activity: 202

Merit: 102

Quote from: Jeepney_koh on February 02, 2018, 01:04:48 AM

Life in Bitcoin is like that. Sometimes it falls and sometimes it goes up. Do not worry because in the first place, before you invested in bitcoin, you already know that Bitcoin's price is unstable and have the characteristic of being volatile. Market always experience those decreasing numbers. Do not panic on selling everything in your wallet. Just wait for a moment and sooner or later, the price will go up again.

Yes of course bitcoin will always stays no matter what thats our future currency, yes it gets ups and downs (just like life) but at least they still manage to get back on track and give us surprises so all we need to do is to trust in bitcoin use bitcoin stay positive and wait until it got back because bitcoin will always be our future.

yytcoin

member

Activity: 112

Merit: 21

Quote from: ?? on ??

Did someone said that Bitcoin is dying? Did someone just said that this is the end? I don't even feel that we're in hell right now in price. It is okay to feel shocked from the leap of price but it is not necessary to do such action right now. All these noob sellers will soon regret their decisions. Remember guys, it is really unstable cryptocurrency. I think that some people here emphasizes its instability in price and support it because it keeps increasing. Why not support Bitcoin when it is falling down also Roll Eyes

? What can we do for the current price? Wait, hold or buy more. That is all we can do as for now, unless you are an fully-established man/woman that can start to promote crypto in your country by your own knowledge. You never know how it would impact the people these days, due to them being from "aware" to "educated". We can never do too much to it directly, because this is the Bitcoin we're talking about that is decentralized. Enjoy its benefits, face some temporary consequence in the mean time.

Your point is correct. All we need to do now is wait, hold or buy more. Now that bitcoin prices have started to rise slowly, people who sell bitcoin will certainly regret their decision， your choice is right.

kpcian

hero member

Activity: 826

Merit: 529

Quote from: Kakmakr on February 02, 2018, 12:23:39 AM

Do not panic, because this has happened several times before and it always bounce back from March onwards. If you look at the other Alt coins, you will notice that they are also going down, so there are not a new movement from Bitcoin to other Alt coins.

I cannot substantiate my claims, but I think some Fiat whales are slowly dumping coins to manipulate the price. I cannot pinpoint the motivation behind this, but I know they are slowly cooking the frog. ^hmmmmm^

A wise man thinks alike, I also believe that this is a usual happening what experienced earlier a lot of time. So that there s no reason for being panicked anymore. I think Bitcoin and other cryptocurrencies will be the future money and it will dominate the monetary world. Not only that but also Crypto world will be the most profitable platform for trading and investment.

So you have to keep patient for a while, You will certainly get a lot of financial benefit in the future. Bitcoin will regain its price value and it will dominate all the capital world. Don't think more, Keep yourself attached to this platform for the future purpose.

Getmon

sr. member

Activity: 1400

Merit: 273

Quote from: David Way on February 02, 2018, 04:17:19 AM

1 BTC =20k, price drops and 1 BTC =8k , are you are profit or loss ? Well, you still have 1 BTC; so not at loss

Exactly. There is no loss there because your holdings remain the same. You only experience loss in value, which is not permanent. There will be a real loss only if you are selling your Bitcoins out of mere panic. Say you bought your Bitcoins at $15,000 because it was already a few thousand dollars less than its former highest value, and then out of your emotional reaction to the dump, you ended up selling it at $9,000. There is loss there. But if you leave your Bitcoin untouched, there is really no loss there.

greggypiggy

jr. member

Activity: 141

Merit: 2

Yeah bitcoin will stay. Bitcoi doent reach its full capacity.Bitcoin has the potential to become the future of digital currency exchange. You dont have to worry about the future of bitcoin.Bitcoin will always stay and it keeps developing and growing.If you worry about the price dropping, it is normal it also happened last year and then recovers again. You cant control it but you can invest on it. Every investment has this downfall scenario. Dont lose hope on bitcoin, those people who says that bitcoin is in verge of dying based their opinions on pure speculation only. Bitcoin will rise again and will keep growing. Believe on bitcoin and dont lose hope

Darklinkz

full member

Activity: 448

Merit: 100

All we could do now is be patient and hope things will get better. It might be very alarming for newbies because they must bought bitcoin at its peak so I can guarantee that those who are making btc crash are all those panicking newbies.

antchains

member

Activity: 98

Merit: 16

Quote from: David Way on February 02, 2018, 04:17:19 AM

1 BTC =20k, price drops and 1 BTC =8k , are you are profit or loss ? Well, you still have 1 BTC; so not at loss

I very much agree with your optimism, but in fact a lot of people buy at the price of 10K, then bitcoin make them a loss for them, because they did not intend to hold for a long time, they are only used to invest bit The price of the currency. Obviously, they failed.
But I have confidence in bitcoin. My purchase of bitcoin is just a medium for investing in other cryptocurrencies in bitcoin, but I have been losing money lately, but all will be better, and I firmly believe it.

Beparanf

hero member

Activity: 2954

Merit: 796

Quote from: Mhedz on February 03, 2018, 09:12:20 PM

These bitcoin price fallen is normal and it already happen in the past year, we can't do nothing to control it but we can buy more since it's now on the dip.. But if you bought last dec on which bitcoin is on the moon,just hodl or put your btc on alts..btc will pump still eventually.

Bitcoin will always stay, it's rhe main crypto to use in doing transactions, there's no way that it will be out of existence when in fact it is just starting to develop more progress.

Mhedz

full member

Activity: 336

Merit: 100

ELYSIAN | Pre-TGE 5.21.2018 | TGE 6.04.2018

These bitcoin price fallen is normal and it already happen in the past year, we can't do nothing to control it but we can buy more since it's now on the dip.. But if you bought last dec on which bitcoin is on the moon,just hodl or put your btc on alts..btc will pump still eventually.

Jaya912

full member

Activity: 280

Merit: 101

Hold hold hold. I suggest everybody not to panic facimg this movement of crypto.
Like in the op, it was happen also before and the jump up is more than the fall. So it can be happen also this time.

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