Will the Bitcoin price recover - page 3.

worle1bm

full member

Activity: 1834

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Quote from: JanMey on December 30, 2017, 10:29:11 AM

Hi I am new here and not used to the volatility Cry

in the price, and will the market recover or is it due to selling during the festive season? Huh

In other commodity trading, drops like this is indicative of a market slump and may result in panic selling. Is this a true reflection or is it normal?

The prices went drastically and unexpectably without any reason so the price correction was needed but the prices went down a little more than expectations to low as $12000 but predictions are very difficult to make in this crypto market but still it is sure that prices of btc are going to increase as soon as the price manipulation comes under control and rise with boost and give more profits to investors so just stay calm and have faith in its power because it has shown earlier also what bitcoin is capable of so hodl.

twobits

sr. member

Activity: 574

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Quote from: lili song on December 31, 2017, 10:08:51 AM

I sure bitcoin price will recover. But for now because holiday seasons so the effect the price will drop a little bit.
But today I check bitcoin step by step the price increase more than yesterday. So invest in bitcoin still profitable.

ripple has been disrupting the bitcoin. How ripple are stealing the bitcoin market dominance and ethereum was following it after ripple. It's not about holiday. the actual use of the bitcoin gets prevented by ridiculous fees on the bitcoin blockchain. People are feeling surprised to see they must pay over teen dollars just for a single transaction. Is it worth? and i say no for that.

lili song

hero member

Activity: 980

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I sure bitcoin price will recover. But for now because holiday seasons so the effect the price will drop a little bit.
But today I check bitcoin step by step the price increase more than yesterday. So invest in bitcoin still profitable.

bitcoinKnight809

newbie

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I believe that Bitcoin price will recover and will undoubtedly even go a lot higher if they improve the current state of transactions and fees.

Rooster101

sr. member

Activity: 826

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Quote from: JanMey on December 30, 2017, 10:29:11 AM

Hi I am new here and not used to the volatility Cry

in the price, and will the market recover or is it due to selling during the festive season? Huh

In other commodity trading, drops like this is indicative of a market slump and may result in panic selling. Is this a true reflection or is it normal?

There is a possibility that bitcoin will fully recover after this holiday unless there is another event that will affect its price. Some bitcoin holders are getting nervous of their investments as the price continues to go down and the others eventually sells theirs. If bitcoin still sluggish next year, it might be overtaken by soaring ripple price in market capitalization.

tricker01

member

Activity: 140

Merit: 20

Bitcoin now are starting to recover their price, but I guess it's hard for them to reach and touches again the $19,000. In my opinion I think it's a long road again before BTC reach this $19,000.

SparkSun

newbie

Activity: 154

Merit: 0

Hold your bitcoin. For future, it will come again to its previous condition. as I saw before.

giveen

hero member

Activity: 826

Merit: 1004

Yes it will it was $1k in starting of the year so you can't say it is bad for the coin. There's a different thing that many bought at high prices but again that isn't the fault of btc , the price has been pretty high whole year this is the time market is stabilising. Also don't think this is the end of btc the price will rise again don't feel sorry at that time and whatever happens never ever sell btc at a loss.

Mrjitter

sr. member

Activity: 434

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I think that in the near future the price will start to increase gradually and we will see how bitcoin will begin to beat the slats about which we only dreamed

jinksters09

member

Activity: 126

Merit: 16

No panic here because I believe can recover from such instance because it's natural for the volume of the demand of bitcoin to decrease because of the holiday it's only natural to focus on spending their money in such occasions because this only happen once a year and this is an important holiday because all our families gathered here to celebrate the holiday season.

ultrloa

legendary

Activity: 2758

Merit: 1228

Quote from: omonuyak on December 31, 2017, 07:27:22 AM

Quote from: JanMey on December 30, 2017, 10:29:11 AM

Hi I am new here and not used to the volatility Cry

in the price, and will the market recover or is it due to selling during the festive season? Huh

In other commodity trading, drops like this is indicative of a market slump and may result in panic selling. Is this a true reflection or is it normal?

Bitcoin is not going to slump and we have all witnessed the price of bitcoin's behavior. Bitcoin will recover in days to come and this has been happening for long and bitcoin may be heading towards $20,000 when we resume another bullish momentum by next year. We have panic selling and we are also seeing that many are putting more buying orders.

We we witness more slumps and different panicking behavior of bitcoins but if you see some the current circumstances now you can see that theirs no event or anything can hype the bitcoins for now and the season of hype days is done plus the year is now ending and might this one is the ending state of the quicky pump of bitcoin and became stable for now.

h0lybyte

hero member

Activity: 924

Merit: 511

It was festival season due to which people sold their bitcoins and it really had to be happen becuse bitcoin was constantly growing since two months and i think correction is must in such conditions. Also there are numerous unconfirmed transactions on network, thus the price was lowered by these two reasons.
As per the increasing volume, bitcoin will surely grow again and touch a neww all time highest record

omonuyak

sr. member

Activity: 882

Merit: 269

Quote from: JanMey on December 30, 2017, 10:29:11 AM

Hi I am new here and not used to the volatility Cry

in the price, and will the market recover or is it due to selling during the festive season? Huh

In other commodity trading, drops like this is indicative of a market slump and may result in panic selling. Is this a true reflection or is it normal?

Bitcoin is not going to slump and we have all witnessed the price of bitcoin's behavior. Bitcoin will recover in days to come and this has been happening for long and bitcoin may be heading towards $20,000 when we resume another bullish momentum by next year. We have panic selling and we are also seeing that many are putting more buying orders.

eann014

hero member

Activity: 1078

Merit: 501

Quote from: JanMey on December 30, 2017, 10:29:11 AM

Hi I am new here and not used to the volatility Cry

in the price, and will the market recover or is it due to selling during the festive season? Huh

In other commodity trading, drops like this is indicative of a market slump and may result in panic selling. Is this a true reflection or is it normal?

In my opinion, it is normal with this holiday season, it is dropping because a lot of us selling their bitcoin. Wait until it recovers again. How much did you buy bitcoin? I think you are still not lose profit as of now. It is still high I think. It is better to have your goal, encash your profit after 5 years, for sure you can gain more profit after that.

guybrushthreepwood

legendary

Activity: 1232

Merit: 1195

Quote from: JanMey on December 30, 2017, 10:29:11 AM

Hi I am new here and not used to the volatility in the price

Then you better get used to it. Welcome to the world of bitcoin.

Quote from: JanMey on December 30, 2017, 10:29:11 AM

and will the market recover or is it due to selling during the festive season? Huh

What answer will satisfy you here? You're asking for financial advise from random people on the internet. Why would you trust anything anyone says? Some people think bitcoin will be worth tens of thousands, some think it will be worth millions. Others are convinced it's a scam/bubble/ponzi/pyramid scheme. Who is right regarding the price or bubble speculations? Nobody can tell you because nobody has a magic ball that can see into the future. Bitcoin goes up and it goes down as it always likely will but nobody can tell you by how much or how long it will take to recover and anyone who does is just speculating based on opinion or guesswork.

Quote from: JanMey on December 30, 2017, 10:29:11 AM

In other commodity trading, drops like this is indicative of a market slump and may result in panic selling. Is this a true reflection or is it normal?

Panic selling is a daily occurrence in bitcoin. People are more fickle in the cyrpto world than they are in other markets in my opinion and this is something you're just going to have to get used to.

boakyei

member

Activity: 358

Merit: 11

Yes Bitcoin will recover from next week onwards when the holiday is over and traders start buying into it. Bitcoins downward trend is temporal and will surge soon.

cdrx

full member

Activity: 441

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Will be 25K in february, so no need to panic. Cheesy

PepperaOnIt

full member

Activity: 266

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i know that the because of this holidays that come, bitcoin damp in large amount but when the holiday is done and all person thinks only about investing their money, this bitcoin will recover and will over come the last high price of it.

Kakmakr

legendary

Activity: 3542

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Leading Crypto Sports Betting & Casino Platform

Bitcoin is not a commodity like any other commodity or currency. Most commodities have matured over years and it is more evenly distributed between investors. This even distribution, makes it less volatile.

Bitcoin started out with early adopters, who mined and bought most coins, very early in the game. They use these coins to manipulate the Bitcoin price.

They dump coins to push down the price and then buy more coins when the price goes lower. They will then wait for the price to recover and then sell some coins, when the price is much higher. Rinse and repeat, and make some good profits.

This is legal and it is done with all other commodities in the markets.

Notmyfault7

member

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Merit: 10

Of course, yes, it will recover in the future as long as people trust it.

Topic: Will the Bitcoin price recover - page 3. (Read 749 times)