Your opinion about the decline in BTC prices in 2018

Grimjule

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Quote from: Pattart on October 10, 2018, 08:46:08 PM

Quote from: magneto on October 10, 2018, 06:51:07 PM

Quote from: Chom_ on October 02, 2018, 06:11:48 AM

hi bro, how are you all hopefully we are all under God's protection, here i want to hear your opinion all about the decline in crypto prices in 2018, of course i also have an opinion about the decline in BTC prices especially, why in 2018 is the price of BTC decreasing I think that because of the increase in the number of BTC holding communities, and of course many new holders bought BTC in early 2018, because it is still new, of course they are panic about the decline in their assets, because of their panic selling low BTC prices, and in here I want to hear your opinion about this. thank you for all in this forum, hopefully healthy always

I don't think that the current decline is as a result of panic dumping per se.

It's honestly just a natural part of the cycle that we are in. We've seen huge bullish rallies in the year of 2017 and thus, there will be corrections sooner or later, and that happened within this year.

That's the simple fact of it. The market sentiment has turned bearish because there hasn't been much activity within the market since the start of the year. There is absolutely no reason to panic and every reason to buy and use dollar cost averaging to your advantage, though.

I can't be sure of the reasons that have caused prices to decline lately, but what I believe from the beginning of the year that is FUD and the news about ban that made prices fall sharply, then some time ago was the rejection of ETFs, why are prices still stable at this low price? because market confidence has not yet returned to growth..

It is obvious when you do not make profit from your investment you will be definitely disheartened and will think something else. When lots of people lost their money due to huge dip in the price, most of them withdrew their investment or converted to Altcoin. They assumed bitcoin a Ponzi scheme and I think that whales are responsible for the whole situation.

Fideend

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Quote from: magneto on October 10, 2018, 06:51:07 PM

Quote from: Chom_ on October 02, 2018, 06:11:48 AM

hi bro, how are you all hopefully we are all under God's protection, here i want to hear your opinion all about the decline in crypto prices in 2018, of course i also have an opinion about the decline in BTC prices especially, why in 2018 is the price of BTC decreasing I think that because of the increase in the number of BTC holding communities, and of course many new holders bought BTC in early 2018, because it is still new, of course they are panic about the decline in their assets, because of their panic selling low BTC prices, and in here I want to hear your opinion about this. thank you for all in this forum, hopefully healthy always

I don't think that the current decline is as a result of panic dumping per se.

It's honestly just a natural part of the cycle that we are in. We've seen huge bullish rallies in the year of 2017 and thus, there will be corrections sooner or later, and that happened within this year.

That's the simple fact of it. The market sentiment has turned bearish because there hasn't been much activity within the market since the start of the year. There is absolutely no reason to panic and every reason to buy and use dollar cost averaging to your advantage, though.

In my opinion the reason for fall in the price in the beginning of this year was that the bump in the 2017 was created temporarily and was not natural, that’s why it collapsed when the whales took all the money from the market. The market capital decreased and the price downed to its knees. Now the price is on the track and will increase with the market cap.

DedgeDoge

newbie

Activity: 41

Merit: 0

I think the long term effect is because the hype for bitcoin dropped however there are still more people than last year. The point is if we smaller the numbers and give examples lets say there was 100 people interested in bitcoin in 2014 or so, than there was 200 people interested in late 2017 than another 100 people joined during november bull rush which made the total 300 people interested in crypto, at the past 10 months 80 of them left, we are still sitting here at 220 people interested even tho a lot of it left we are still above what it initially was. Which means the "decline" is actually an alright thing since we are still above what we used to be both in interested people count and price.

Nila soru

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Quote from: Siegtal81 on October 09, 2018, 11:31:05 AM

BTC was recognized by U.S. government. It means that U.S. are ready to wide adoption of crypto and they open their market for new opportunities. When it will become clear that BTC is very profitable payment method, price may grow.

In 2018, the price has been unstable and went below 10k figure that was a big decline in value and we were expecting a different market but something happened opposite to our expectations. The main reason for this decline is due to the major market factor that is the demand rate factor so whenever we see any decline in price the major thing we notice is a decrease in market demand.

Pattart

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Quote from: magneto on October 10, 2018, 06:51:07 PM

Quote from: Chom_ on October 02, 2018, 06:11:48 AM

hi bro, how are you all hopefully we are all under God's protection, here i want to hear your opinion all about the decline in crypto prices in 2018, of course i also have an opinion about the decline in BTC prices especially, why in 2018 is the price of BTC decreasing I think that because of the increase in the number of BTC holding communities, and of course many new holders bought BTC in early 2018, because it is still new, of course they are panic about the decline in their assets, because of their panic selling low BTC prices, and in here I want to hear your opinion about this. thank you for all in this forum, hopefully healthy always

I don't think that the current decline is as a result of panic dumping per se.

It's honestly just a natural part of the cycle that we are in. We've seen huge bullish rallies in the year of 2017 and thus, there will be corrections sooner or later, and that happened within this year.

That's the simple fact of it. The market sentiment has turned bearish because there hasn't been much activity within the market since the start of the year. There is absolutely no reason to panic and every reason to buy and use dollar cost averaging to your advantage, though.

I can't be sure of the reasons that have caused prices to decline lately, but what I believe from the beginning of the year that is FUD and the news about ban that made prices fall sharply, then some time ago was the rejection of ETFs, why are prices still stable at this low price? because market confidence has not yet returned to growth..

magneto

hero member

Activity: 1666

Merit: 753

Quote from: Chom_ on October 02, 2018, 06:11:48 AM

hi bro, how are you all hopefully we are all under God's protection, here i want to hear your opinion all about the decline in crypto prices in 2018, of course i also have an opinion about the decline in BTC prices especially, why in 2018 is the price of BTC decreasing I think that because of the increase in the number of BTC holding communities, and of course many new holders bought BTC in early 2018, because it is still new, of course they are panic about the decline in their assets, because of their panic selling low BTC prices, and in here I want to hear your opinion about this. thank you for all in this forum, hopefully healthy always

I don't think that the current decline is as a result of panic dumping per se.

It's honestly just a natural part of the cycle that we are in. We've seen huge bullish rallies in the year of 2017 and thus, there will be corrections sooner or later, and that happened within this year.

That's the simple fact of it. The market sentiment has turned bearish because there hasn't been much activity within the market since the start of the year. There is absolutely no reason to panic and every reason to buy and use dollar cost averaging to your advantage, though.

wareck

member

Activity: 238

Merit: 10

BTC is not so market-dependent, so I think that it woudl be able to grow and develop even if the situation on the market will not be good enough. If you are thinking about buying BTC, right now is good time to make a move. Remember this post.

EducoinVietnam

member

Activity: 420

Merit: 10

It is clear that price will grow. More and more projects that are going to use BTC as the payment methods are appearing. In additon, most of ICOs will provide us with new projects. This events could help market to recover and BTC price to grow.

zazarb

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Quote from: ifinta on October 07, 2018, 08:20:18 AM

I think BTC price will be falling down to ~2500 - ~3500 USD. Next year will be BTC price falling also - I think a changes maybe in next year autumn.

why do you think so? Bitcoin always fluctuates in price, it raises, then it falls. this year so far is characterized by a drop in prices, but it does not mean that they will end this way

Affilate User

sr. member

Activity: 588

Merit: 250

I think the price of bitcoin when the price falls like this is the right time to buy bitcoin and save as much as you can because the falling price of bitcoin like this is a very rare moment, indeed in 2018 bitcoin prices tend to fall but can only bitcoin prices in early 2019 will be very expensive again.

omonuyak

sr. member

Activity: 882

Merit: 269

The decline in bitcoin price is as a result of the pumpping bitcoin makes in 2017 and we are having bad market this year because bitcoin like others assets must makes corrections. Another reason why I think this is happening to the market was as the results of banning and rejection that happened early this year.

Slow death

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Quote from: Chom_ on October 02, 2018, 06:11:48 AM

[...]

the price was $6000, then came the news of the futures launch and this generated the big pump we saw, the price reached more than $19,000, but it happens that after that big pump ogirinado by the news of the launch of Futures as people did the dump and the price went back to $6000.

Quote from: elis74 on October 09, 2018, 11:21:04 AM

Most of people on this forum consider that recovery should start right before the new year, but I cannot agree with them, because there is no clear reasons for growth of BTC in the neares future.

I agree, but I do not agree with this:

Quote from: elis74 on October 09, 2018, 11:21:04 AM

Sell it, while you have a chance, hodling is not an option any more.

This is a bad idea.

Quote from: trako on October 08, 2018, 10:24:07 AM

frustration. especially the ethereum. I didn't expect too much for bitcoin. but this situation is different for ehtereum. now my expectation was 700 dollars. but the current situation is below 50%. and I was expecting 20 bucks for the waves. a very inverse movement took place.
I hope a 40% increase in a few months.

I agree that is a big surprise in the case of ETH, but waves were already expected

carlisle1

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Quote from: Oceat on October 07, 2018, 07:46:33 PM

Quote from: Beparanf on October 07, 2018, 07:01:18 AM

Quote from: Xiahouyuan on October 07, 2018, 04:22:50 AM

The price of Bitcoin is also determined by purchasing power. I think the biggest impact on the cryptocurrency market now is the fraudster, because I see too many investors leaving the market because of fraud, which makes purchasing power also reduced!

Its normal that the price fall to correct too high amount made last year, the worst part only this year is many dumped their coins due to the decline of price and many started to panic that it falls a lot and hard to recovered.

Those were newbie who sold their coins because of FOMO, but they didn't realize the importance of having an investments. Maybe they were up to something that's why they just sold out their coins and it just made the price fall even more.
People should know the risk of investing crypto currency before they jump to the risk of losing their investments, it's not a good idea.

Maybe those are the people that's entered crypto to make a living so when the value starts to fall they started to shake also and felt dying so bo other options but to sell and save their money instead thats the best way for the noob to do when the reality they know nothing about cryptosystem

Siegtal81

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BTC was recognized by U.S. government. It means that U.S. are ready to wide adoption of crypto and they open their market for new opportunities. When it will become clear that BTC is very profitable payment method, price may grow.

elis74

member

Activity: 268

Merit: 10

Quote from: Chom_ on October 02, 2018, 06:11:48 AM

hi bro, how are you all hopefully we are all under God's protection, here i want to hear your opinion all about the decline in crypto prices in 2018, of course i also have an opinion about the decline in BTC prices especially, why in 2018 is the price of BTC decreasing I think that because of the increase in the number of BTC holding communities, and of course many new holders bought BTC in early 2018, because it is still new, of course they are panic about the decline in their assets, because of their panic selling low BTC prices, and in here I want to hear your opinion about this. thank you for all in this forum, hopefully healthy always

Most of people on this forum consider that recovery should start right before the new year, but I cannot agree with them, because there is no clear reasons for growth of BTC in the neares future. Sell it, while you have a chance, hodling is not an option any more.

trako

hero member

Activity: 756

Merit: 505

frustration. especially the ethereum. I didn't expect too much for bitcoin. but this situation is different for ehtereum. now my expectation was 700 dollars. but the current situation is below 50%. and I was expecting 20 bucks for the waves. a very inverse movement took place.
I hope a 40% increase in a few months.

ifinta

full member

Activity: 734

Merit: 109

Quote from: fabiorem on October 08, 2018, 08:42:41 AM

I think the decline is a good opportunity to buy and accumulate.

Yes, I do it through i.e. auctions on this forum... please see my posts:

Quote from: ?? on ??

BlackPanda

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Quote from: Chom_ on October 02, 2018, 06:11:48 AM

hi bro, how are you all hopefully we are all under God's protection, here i want to hear your opinion all about the decline in crypto prices in 2018, of course i also have an opinion about the decline in BTC prices especially, why in 2018 is the price of BTC decreasing I think that because of the increase in the number of BTC holding communities, and of course many new holders bought BTC in early 2018, because it is still new, of course they are panic about the decline in their assets, because of their panic selling low BTC prices, and in here I want to hear your opinion about this. thank you for all in this forum, hopefully healthy always

The price decline that occurred at this time is reasonable and the fact that the price at this time has improved compared to before. It can be said that prices are experiencing a fairly stable increase. All we have to do is try to wait and in fact prices slowly increase. The price of Bitcoin depends on the conditions and situation of its users. When more and more people are interested in Bitcoin, the price will certainly increase. So continue to use and increase our Bitcoin investment because only in this way can Bitcoin prices increase.

2018 is still very long and we will be heading towards this increase over the next few months.
The most rational number is above 8,000USD and I am sure that it can happen.

fabiorem

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I think the decline is a good opportunity to buy and accumulate.

bitbunnny

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I think 2018 came as a correction after a huge price growth we saw at the end of 2017. Although it was clear such situation couldn't last, some thought pump will continue and Bitcoin will reach 30000$ at least. Of course that didn't happen and the market went in totaly different direction.
But then we saw too much panic selling and people abandonig Bitcoin, some turning to altcoins.
In 2018 we didn't see too much surprises and we will not see anything spectacular on the market until next year.

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