Topic: Your opinion about the fall of bitcoin - page 11. (Read 2196 times)
I think the bitcoin crash was caused by bad news about bitcoin in China. We don't have to panic, hold it patiently, it will soon return to normal.
For the last three years, the SEC had tried to convince the SEC to bring Bitcoin ETF to the market, two Japanese investor Cameron Winkleves and Tyler Winklaws, according to the US Press CNBC.
Bitcoin prices that have been skyrocketing after this rejection have dropped. With the decision, its value fell 18 percent.
Bitcoin prices that have been skyrocketing after this rejection have dropped. With the decision, its value fell 18 percent.
There isn't a financial market in the world right now that's booming every market is experiencing some sort of low at this period in time , its curious however why we all are behaving as if its only bitcoins and other cryptocurrencies that are currently experiencing a low .most financial markets are experiencing some amount of volatility, this only goes to show that bitcoin has already adapted but has the added benefit of huge gains literally overnight.
Different news regarding Regularization in China,USA,South Korea,Crypto ads ban by Facebook,Scamming factors,due to these bad news many investors withdrew their investment as a result of which demands decrease and price fell down.However this is good for BTC,after dip period there is pump period ahead.Many shortcut investor who scared they may lost their investment took out their money.These are temporary factors currently BTC is in price correction phase and will rise very soon.Fluctuations is very common in crypto world.
Well, for me the downtrend of Bitcoin lately is due to a lot of negative news about it, a lot of Bitcoin holders panic sell that's why the value keeps on going down.
I think of it like a flash Bitcoin sale as well, there won't be that much weeks left for the price of Bitcoin to be in the $6k region.
All of people will be panic with the bitcoin fall to $ 7,950 and it will be all off you who have the bitcoin balance will be panic and worried, and you bought the bitcoin on the high price when $ 15,000 and it will be most you think crazy about bitcoin. but just calm down the bitcoin will be in the high again and it will be pump on $ 20,000. Keep your bitcoin balance on your exchange and wait about one month the bitcoin will be high.
Since the value of bitcoin is very volatile,it is very natural for bitcoin to have a fall in its price.The price of bitcoin depends on the forces of demand and supply.It has fallen to $8600.Once it had reached $19000 because the demand was very high at that time.But if we see the progress of bitcoin in the last nine years,we can say that it has faced many ups and downs but always emerged victorious.Bitcoin always brings new money earning opportunities.
All of people will be panic with the bitcoin fall to $ 7,950 and it will be all off you who have the bitcoin balance will be panic and worried, and you bought the bitcoin on the high price when $ 15,000 and it will be most you think crazy about bitcoin. but just calm down the bitcoin will be in the high again and it will be pump on $ 20,000. Keep your bitcoin balance on your exchange and wait about one month the bitcoin will be high.
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.
As a newbie, I don't really know what it's cause. But for me, the fluctuation of bitcoin is base on the demand of it. The many the investor, the higher the demand and if many investors having cash outs or withdrawals, the demand of it decreases and if that's happen, the bitcoin markets value decrease and at the same time, if the markets value getting too low, many investors think again to invest and that will also cause of raising it's value. In my humble opinion, it is not the "fall of Bitcoin", well yeah I agree that Bitcoin's value really had a dip this last few weeks, but studying the historical data of Bitcoin, you will see that Bitcoin's value really goes down during the first few months of the year but then slowing increasing at the mid year towards the end. So I think there is really no need to panic.
We should not forget that it has decreased from the level of $18000. That is lot of correction in just a month.
In my humble opinion, it is not the "fall of Bitcoin", well yeah I agree that Bitcoin's value really had a dip this last few weeks, but studying the historical data of Bitcoin, you will see that Bitcoin's value really goes down during the first few months of the year but then slowing increasing at the mid year towards the end. So I think there is really no need to panic.
Nothing to worry about the value of bitcoin has dropped sharply in the past few weeks. Price fluctuations are normal. Its value is recovering. And its collapse is impossible. Bitcoin will never die. I totally believe in bitcoin. Bitcoins are opening up new opportunities for us.
In recent times, bitcoin prices have dropped sharply, many bitcoin sellers and no longer invest in cryptocurrency. However, I think bitcoin will not crash, bitcoin input capital and bitcoin trading volume are huge. Bitcoin is showing signs of recovery, I believe that bitcoin will thrive again.
The fall was inevitable. Many people called bitcoin a bubble, and to a certain degree they were not that wrong. The only thing that increased the bitcoin price, was the already increased price. Right now we are back to a level that could very well be a stable point for bitcoin. I don't see much bubble trouble at the moment here. Of course it is unfortunate that many people lost some money on the way down. But now bitcoin has the possibility to grow again, maybe a little bit slower this time.
The fall of bitcoin doesn't mean it the end of the world. A wise investor who off loaded his Bitcoin at the rate of 20,000 USD or above the market falling time will be his awaited opportunity to re-enter in to the market and to book profit.Such a volatility in the market is a healthy one
Fall of bitcoin value is just temporary but if you look at the historical data, this is higher than the same month last year. Bitcoin will go up again soon, just believe in btc.
Pendapat saya tentang kejadian baru-baru ini tentang penurunan nilai bitcoin adalah sebagian besar disebabkan oleh investor berpikiran dangkal yang menganggap bahwa bitcoin adalah investasi yang sangat rentan. Tgey berpikir bahwa setiap penurunan adalah tanda pasti dari akhir bitcoin, karena ini sangat besar. cashout bahwa orang-orang ini berlatih dan Tahun Baru Imlek yang akan datang dimana berpotensi banyak orang Asia yang merayakannya bahkan mungkin akan mengeluarkan uang tunai. Tapi saya pikir dan saya jelas percaya bahwa bitcoin akan bisa bangkit kembali.
Bitcoin may touch 5000 dollars in my view 5k is final touch
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.
In my own opinion, fall of cryptocurrency this month is a good thing since the value of bitcoins already rise up to 16k dollar last december and no one can invest because the price is very expensive, so today we should expect a huge dumping of prices in order for us to have a chance to invest.
Bitcoin might have a temporary fall but it had a huge potential in the finance industry, it is the first crypto currency also it's price is based on the demand and supply.
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.
Falling of bitcoin are not bad many investor are happy because they can buy more bitcoin. And i watch the news the stock market also down so i think its not only the crypto experienced that falling. Jump to: