Your opinion about the fall of bitcoin

mwaqar17

member

Activity: 462

Merit: 14

Quote from: signalbitbot on February 04, 2018, 03:43:18 PM

A fall below $ 7,950 on the bitfinex will make it clear that the markup is not valid, because wave 2 can not fall below wave 1. This will be very bad.

Sometimes I use to think that everything is under the control of stakes holders of market. They can play with market in any manner. They can make it as well as destroy it. We can only predict. Bdw market is going well and increasing slowly

Epimetheus

legendary

Activity: 1120

Merit: 1000

In my opinion there are many factors which influence its price. First of all it Disturbance in Bitcoin production and distribution by miner's Shocked

. Absence of regularity in those above thing cause a fall in the price of Bitcoin. Another reason in falling of Bitcoin price is government. In many countries like china Malaysia Bangladesh Ecuador etc government ban bitcoin in their country because bitcoin affects their country economy and financial growth. Because of Bitcoin their country currency value decrease in international market. This thing ultimately affects Bitcoins price.

palvinta

newbie

Activity: 112

Merit: 0

Quote from: signalbitbot on February 04, 2018, 03:43:18 PM

A fall below $ 7,950 on the bitfinex will make it clear that the markup is not valid because wave 2 cannot fall below wave 1. This will be very bad.

Yes, you are right this is very bad for the development of Bitcoin. But this will not make Bitcoin to death, Bitcoin's price just temporarily dropped and now it's getting back to the high price. So we do not have to worry too much anymore because of this. We pray for the best for the development of Bitcoin prices.

Btcschool

member

Activity: 488

Merit: 10

Quote from: kenziefried on April 25, 2018, 06:00:52 AM

Quote from: ?? on ??

I think about falling its bitcoin, probably because of its persaingn factor alone, so do not assume too quickly the negative with its falling bitcoin, we should be able to think fositive that bitcoin will be in the top position again.

I also think the same. Price depends on demand and supply. When supply is higher than the demand the price will decrease and if the demand is more than the supply then the price will drop. This is the best way to observe the market value of bitcoin. Some false statement about bitcoin also effect bitcoin price.one reason is that it depends on internet.

Nothing can be expected about the price, because there is huge volatility in the price and anything could be happen. I think the big reason of the fall in price is low volume of investment. People are investing in other digital currency, but this fall is temporary and it is rising again and soon it will cross 20000 dollars till the end of this year.

jonatuzc

hero member

Activity: 854

Merit: 501

Quote from: ethereumhunter on April 17, 2018, 08:42:40 AM

Quote from: iv4n on April 10, 2018, 06:03:58 AM

Quote from: ethereumhunter on April 10, 2018, 05:16:47 AM

Quote from: KorakPawon on April 10, 2018, 12:18:16 AM

disappointing, Bitcoin's latest downfall, making the digital money down more than 40 percent from a record high around $ 20,000 that occurred in mid-December. This caused its market capitalization to fall to US $ 130 billion.

I think you don't have disappointing because as long as you can see your chance to buy bitcoin at a lower price and you can sell it once the price increase, you will make a good profit. this situations happen over and over and we can use this to make more money and I think many people can used this too. although the price is down but I am sure that in the end, the price will increase higher and perhaps it will reach more than $20,000.

People can't realize what is crypto market, majority enters with plan to make fast profit and they expect price to go up all the time. Downfall is nothing more then pumping the money out from crypto, its the time when newcomers buy at high prices while old timers are selling and making profit. Look at the market cap and watch how much money is pumped in and out from crypto by that you can understand where is market going, in which direction its heading. From January we have downfall cause more people take money out from then getting in bitcoin. What is important that market capitalization is higher this April then any April before, only when December come we will see will it price make new December record or bitcoin will need more time for passing last December high. Downfall is normal in any market so don't be surprised with this one, its not first one and for sure its not last one.

I hope that we don't have to wait until December to see the price increase like in December last year. many people still waiting for the price to increase again although this time is really difficult to increase more than $10k, I still believe that we can see the price increase higher.

like you said, the downfall is normal and we don't need to be disappointed or sad because the price will be up again and once the price is back to increase, we can make a lot of money. and the downfall will always happen over and over and it depends on us, what we want to do.

Fall of Bitcoin generally is answerable but if you are talking about the current market then the statement is not valid because the price today has increase up to 9.1k dollar and has started increasing from many days regularly that is a positive sign and the market is happy to talk about its increase.

On the other hand if you are talking generally then the fall of Bitcoin is more with the decrease in demands due to negativity and poor decisions of people.

kenziefried

newbie

Activity: 141

Merit: 0

Quote from: ?? on ??

I think about falling its bitcoin, probably because of its persaingn factor alone, so do not assume too quickly the negative with its falling bitcoin, we should be able to think fositive that bitcoin will be in the top position again.

I also think the same. Price depends on demand and supply. When supply is higher than the demand the price will decrease and if the demand is more than the supply then the price will drop. This is the best way to observe the market value of bitcoin. Some false statement about bitcoin also effect bitcoin price.one reason is that it depends on internet.

Dudeperfect

hero member

Activity: 1190

Merit: 534

Well, if we are comparing the current population and the price of Bitcoin then I would say it is far undervalued at this point. Instead of calling it stupidity, I would say it is an only invention in the history of mankind when we are able to trust a group of unknown people more than the familiar faces. Yes, considering the current user base, the price keeps fluctuating and due to the involvement of the institutional investors and big whales it pumps more than the potential of the actual user base. If we are comparing it with that of alt-coins, we should consider user base and utility value point of view to get the answer.

Chachacoin17

sr. member

Activity: 672

Merit: 250

Quote from: 8Habits on April 23, 2018, 06:32:00 AM

Quote from: lingwistiko on April 22, 2018, 06:35:45 PM

All i understand is that bitcoin's fall of its market cap and its price is due to low demand of the people. Some of these people are selling their bitcoin at a lower price during crisis because they literally panicked.

or could be just a market manipulation, who knows?
Cryptocurrency is so wild and it is so volatile - not to mention that it is so hard to predict. You are right that most of the bitcoin holders were panicking and selling their coins even if at a loss.

For some reason, I feel worried. A lot of factors to be considered of its fall. Government calling it as an illegitimate form of payment system, India is doing all the measures to remove crypto assets, banning related advertisement in social media and other countries cracking down its functionalities. But I'm still hopeful that there is a silver lining and light behind every darkness.

8Habits

sr. member

Activity: 756

Merit: 294

Quote from: lingwistiko on April 22, 2018, 06:35:45 PM

All i understand is that bitcoin's fall of its market cap and its price is due to low demand of the people. Some of these people are selling their bitcoin at a lower price during crisis because they literally panicked.

or could be just a market manipulation, who knows?
Cryptocurrency is so wild and it is so volatile - not to mention that it is so hard to predict. You are right that most of the bitcoin holders were panicking and selling their coins even if at a loss.

Rep

member

Activity: 211

Merit: 66

This is my topic about Crypto price analyses
Take a look and watch how we expect BTC resistance zone
https://bitcointalksearch.org/topic/m.35356149

w33man

full member

Activity: 462

Merit: 100

Quote from: signalbitbot on February 04, 2018, 03:43:18 PM

A fall below $ 7,950 on the bitfinex will make it clear that the markup is not valid, because wave 2 can not fall below wave 1. This will be very bad.

I really think that TA is not really that reliable in BTC, because among all the cryptocurrency bitcoin is really volatile and it's market demand behave in a strange way. Remember last year when bitcoin was just $2,000, no one ever analyzed that bitcoin will go to $10,000 and even at $20,000. So, let's just see what will happen to bitcoin this year.

lingwistiko

member

Activity: 322

Merit: 10

╔►[FILIPINO Translator]◄╝

All i understand is that bitcoin's fall of its market cap and its price is due to low demand of the people. Some of these people are selling their bitcoin at a lower price during crisis because they literally panicked.

arctic circle

member

Activity: 196

Merit: 10

Fake news makes bitcoin price drop because some of investor are panicking and selling their holding and the whales are buying it at very low price. We should hold our bitcoin and setback and don't panic for every fake news that are made by some crypto whales.

Bagaji

sr. member

Activity: 1330

Merit: 291

Quote from: signalbitbot on February 04, 2018, 03:43:18 PM

A fall below $ 7,950 on the bitfinex will make it clear that the markup is not valid, because wave 2 can not fall below wave 1. This will be very bad.

The current decline in the market value of Bitcoin is really a sign that the markup is not valid is one has to analyse based on technical aspect of the market. Well, i don't see as very bad though because it creates an avenue for people to invest in Bitcoin at the cheaper rate.

Bustart

sr. member

Activity: 658

Merit: 250

Quote from: ethereumhunter on April 17, 2018, 08:42:40 AM

Quote from: iv4n on April 10, 2018, 06:03:58 AM

Quote from: ethereumhunter on April 10, 2018, 05:16:47 AM

Quote from: KorakPawon on April 10, 2018, 12:18:16 AM

disappointing, Bitcoin's latest downfall, making the digital money down more than 40 percent from a record high around $ 20,000 that occurred in mid-December. This caused its market capitalization to fall to US $ 130 billion.

I think you don't have disappointing because as long as you can see your chance to buy bitcoin at a lower price and you can sell it once the price increase, you will make a good profit. this situations happen over and over and we can use this to make more money and I think many people can used this too. although the price is down but I am sure that in the end, the price will increase higher and perhaps it will reach more than $20,000.

People can't realize what is crypto market, majority enters with plan to make fast profit and they expect price to go up all the time. Downfall is nothing more then pumping the money out from crypto, its the time when newcomers buy at high prices while old timers are selling and making profit. Look at the market cap and watch how much money is pumped in and out from crypto by that you can understand where is market going, in which direction its heading. From January we have downfall cause more people take money out from then getting in bitcoin. What is important that market capitalization is higher this April then any April before, only when December come we will see will it price make new December record or bitcoin will need more time for passing last December high. Downfall is normal in any market so don't be surprised with this one, its not first one and for sure its not last one.

I hope that we don't have to wait until December to see the price increase like in December last year. many people still waiting for the price to increase again although this time is really difficult to increase more than $10k, I still believe that we can see the price increase higher.

like you said, the downfall is normal and we don't need to be disappointed or sad because the price will be up again and once the price is back to increase, we can make a lot of money. and the downfall will always happen over and over and it depends on us, what we want to do.

It takes positivity and courage to face this kind of situation. But I think instead of taking a look at its impediment, let's see how it can be of great help to us. It can give you the chance to buy coin at low price, hold it for months and wait for the increase in price, then sell it high to gain huge returns. Stop worrying because the more it distracts you, and hinder you from thinking of better ways to recover from this fall.

kuncimobil

member

Activity: 350

Merit: 12

I always think positive and optimistic with bitcoin prices are down because the falling price will provide an opportunity for us to buy and will get a lot of profit when the price rises, so I do not panic or worry about the price down

saqibmunir

full member

Activity: 267

Merit: 110

Quote from: yonjitsu on April 08, 2018, 05:24:21 AM

It's pretty normal for bitcoin and alts. They do share the same fate bitcoin plunges down and i think this bear pattern will continue even in the 2nd quarter of this year. No matter what, i am still hodling on bitcoin an if it goes down again, i will be preparing to buy bitcoin again.

Yeah it depends upon major factors and every factor in it is a reason of its up and down. Bitcoin is no doubt a famous coin and Every coin has ups and downs. Bitcoin is as usual. I think there has some gambler who creates false news in market as a result crypto market falling down. But day day when people will realize all are fake news BTC will go its top position. There is no doubt the time will come when it regain its previous value.

ethereumhunter

hero member

Activity: 2856

Merit: 541

Leading Crypto Sports Betting & Casino Platform

Quote from: iv4n on April 10, 2018, 06:03:58 AM

Quote from: ethereumhunter on April 10, 2018, 05:16:47 AM

Quote from: KorakPawon on April 10, 2018, 12:18:16 AM

disappointing, Bitcoin's latest downfall, making the digital money down more than 40 percent from a record high around $ 20,000 that occurred in mid-December. This caused its market capitalization to fall to US $ 130 billion.

I think you don't have disappointing because as long as you can see your chance to buy bitcoin at a lower price and you can sell it once the price increase, you will make a good profit. this situations happen over and over and we can use this to make more money and I think many people can used this too. although the price is down but I am sure that in the end, the price will increase higher and perhaps it will reach more than $20,000.

People can't realize what is crypto market, majority enters with plan to make fast profit and they expect price to go up all the time. Downfall is nothing more then pumping the money out from crypto, its the time when newcomers buy at high prices while old timers are selling and making profit. Look at the market cap and watch how much money is pumped in and out from crypto by that you can understand where is market going, in which direction its heading. From January we have downfall cause more people take money out from then getting in bitcoin. What is important that market capitalization is higher this April then any April before, only when December come we will see will it price make new December record or bitcoin will need more time for passing last December high. Downfall is normal in any market so don't be surprised with this one, its not first one and for sure its not last one.

I hope that we don't have to wait until December to see the price increase like in December last year. many people still waiting for the price to increase again although this time is really difficult to increase more than $10k, I still believe that we can see the price increase higher.

like you said, the downfall is normal and we don't need to be disappointed or sad because the price will be up again and once the price is back to increase, we can make a lot of money. and the downfall will always happen over and over and it depends on us, what we want to do.

HiringYou

sr. member

Activity: 574

Merit: 256

Personally is believe that their is nothing to panic.Rise and fall are part of investement.Just relax and keep on investing.Shortly prices will rise.Hopefully bitcoin will recover soon and it will do a come back with a bang.Just behave like a intelligent investor instead of being a fool bitcoin user.Their is nothing to worry about this.I don't know why are behaving so immature and selling their coins at very low rate.Their is no fun of leaving bitcoin or critising bitcoin,just give your best and earn profit for that.Nodoubt prices are very low but hopefully end the end of the year it will rise.

readygoaw

full member

Activity: 476

Merit: 105

Quote from: trand on March 20, 2018, 06:12:34 PM

This event has been foreseen by many people. Bitcoin has increased many times and it needs to be sold by investors so that they can gain profit from it. Neven expect something that can continue to grow without droping for a few times.

It would fall sooner or later as we all are aware of the cryptocurrency volatility. The question that interests us is the following: can Bitcoin reach 20K+ again and when will it happen?

Topic: Your opinion about the fall of bitcoin (Read 2109 times)