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Topic: Your opinion about the fall of bitcoin - page 14. (Read 2196 times)

member
Activity: 322
Merit: 10
The Premier Digital Asset Management Ecosystem
February 09, 2018, 03:12:52 AM
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.
haha I am really happy to see the bitcoin prices rising again. Bitcoin will never collapse, experts predict that in 2018 bitcoin prices will increase to $ 50,000. I believe this will become a reality. And in the near future, the world will accept bitcoin in payment contracts. I feel more energetic, as bitcoin prices increase again.
member
Activity: 328
Merit: 10
February 09, 2018, 02:40:07 AM
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.



For me, there is nothing to be worried because the downfall of bitcoin is temporarily. Sooner or later the it will rise up again. As of now bitcoin is slowly recovering from that big downfall. Many investors ask what to do to their bitcoin because the bitcoin in falling. For me they should wait for the right time to sell their bitcoin. We all hope that the bitcoin will recover immediately because many investors don't know what to do now.
member
Activity: 140
Merit: 15
February 09, 2018, 02:35:18 AM
There's nothing strange about bitcoin's correction in this early part of the year. This kind of price fall happens annually and is unavoidable because of bitcoin's high volatility.

See, this comment just doesn't make sense to me. Bitcoin is not volatile only at the beginning of a year, it is volatile throughout the year; so you can't explain the drop only with the volatility aspect.

Two big reasons in my opinion, the first one being the sudden increase in price, towards the end of 2017. I remember just around November we were discussing whether it was realistic for bitcoin to reach $10K before the end of the year. The fact that it reached 2x that level shows how inflated the price was.

The second reason was a lot of governments questioning the legitimacy of cryptocurrencies and they weren't giving clear signals on how they would approach crypto. But it looks like that FUD is dissipating, because big governments are slowly starting to give clear signals.
newbie
Activity: 67
Merit: 0
February 09, 2018, 02:16:43 AM
The fall of bitcoin is so obvious every year bitcoin will fall and before the years end the bitcoin will raise again to top bitcoin comeback
full member
Activity: 298
Merit: 102
February 09, 2018, 02:12:25 AM
Look at the Dow and make a correction for volatility. But Bitcoin has his reasons for falling. China, Korea, Japan, a series of scandals. But these are all occasions. Deep correction was predetermined by rapid growth.
sr. member
Activity: 686
Merit: 250
February 09, 2018, 02:10:00 AM
The decline in Bitcoin prices I feel as a very natural thing to happen. We all know that the price of cryptocurrencies is strongly influenced by the demand factor so that as fewer people trust Bitcoin then the price will decrease, that's what happens nowadays that most people panic sell so the market condition is not good and it makes the price of Bitcoin declining rapidly . And when we can trust everything against Bitcoin then we will get high Bitcoin prices.
newbie
Activity: 53
Merit: 0
February 09, 2018, 02:06:44 AM
well what ever goes up goes down , but still hopping it will again go up
jr. member
Activity: 364
Merit: 6
February 09, 2018, 02:05:06 AM
In this kind of bad situation, we should not be in panic. Other people find it an opportunity to buy or sell bitcoins. And when the price has risen once again, then they are the one who will reap the rewards because they trusted bitcoin that it will bounce back again. Maybe, at the mid-year, bitcoin will continue to rise up once again.
newbie
Activity: 58
Merit: 0
February 08, 2018, 06:30:21 PM
Nothing to say without waiting for right moment. some several reason behind the price fall of Bitcoin. But market will recover very soon.
full member
Activity: 392
Merit: 105
February 08, 2018, 06:27:30 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 possibility of an eventual correction was always present in the majority of bitcoin analysts, but very few expected that it would be so strong, and in such a short period of time. In fact this is the main problem that the market must face in order to return to the path of growth: try to convince new investors that it is still worth investing in a market as volatile and unpredictable as this.
full member
Activity: 658
Merit: 102
February 08, 2018, 05:52:36 PM
There's nothing strange about bitcoin's correction in this early part of the year. This kind of price fall happens annually and is unavoidable because of bitcoin's high volatility. Bitcoin have already suffered some of it worst price crashes in the past but it always managed to come back strong and reached many all-time highs later. No matter how deep is the fall, bitcoin always find way to climb back to the top.
sr. member
Activity: 854
Merit: 267
★777Coin.com★ Fun BTC Casino!
February 08, 2018, 05:44:51 PM
I'm not worried, as it has become a tradition that btc price falls in january. Look at the data from the last few years, then you will notice that the price always fell in January. 
By the end of February or the beginning of March the price has risen again. I think this year will be similar and prices rise again no later than at the end of March. I hope so anyway.  Cheesy
I hope that it will become like before, that is why if we have fiat we should buy bitcoins as long as it is cheap because I also believe that soon bitcoin will rise up again and become tremendous. If your speculation has a high probability to occur then there's no reason for me to worry about it.
newbie
Activity: 27
Merit: 0
February 08, 2018, 05:38:55 PM
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.


First you need to know that whats so ever goes up comes down. it has just faced the worst it will face. lets expect up trends from now. am so happy it went down because it gave many opportunity to jump into it. Bitcoin is here to stay.
full member
Activity: 238
Merit: 102
1st of May
February 08, 2018, 05:34:13 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.


Your explanation is good i think. I mean if the wave 2 can not fall below wave 1, its meaning that the lowest price is in the wave 1.
So if the price can not break the lowest price and its good signal but why you said it will be very bad? Dont understand.
full member
Activity: 490
Merit: 101
February 08, 2018, 05:30:10 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 deep also affected my heart too. The fall was imminent but the extent was damaging. But there is definitely going to be a come back which is imminent by the middle of this year. The least dip has happened and now the rise is to come next.
sr. member
Activity: 644
Merit: 259
CryptoTalk.Org - Get Paid for every Post!
February 08, 2018, 04:11:12 PM
Sometimes Bitcoin cannot be explained using technical analysis. IMO, there are too many fuds recently. Another reason is due to the Chinese New Year in mid Feb, I guess many Chinese will cash out during this period.

But I am confident that Bitcoin will recover later on.
Its all about the FUD that makes the price keep on dropping and matters with the Chinese permanently banning Bitcoins didn't really help matters at all and while it is going to recover, the road to recovery is indeed a very long one.
full member
Activity: 224
Merit: 100
February 08, 2018, 03:59:02 PM
In general while the manipulation is online studying the technical analysis will not give you the correct data, outcome. So you have to combine it with the current updates on the market. The fall of bitcoin as this much of fall is not normal and can not be explain by technics, they won't work at this circumstances. If you have an experience of the market then you can take action otherwise it is not easy to catch the movement.
full member
Activity: 196
Merit: 100
February 08, 2018, 03:47:17 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.
Most of the changes in the price of bitcoin is because of the situation in the market. Right now, bitcoin's price remain stable at almost half of its price compared last year's this is due to some changes in the bitcoin's market. These price drops of bitcoin can be a very good opportunity for us investors to be able to buy bitcoin at a smaller value. We all hope and believe that bitcoin's price will increase again after a few months or maybe at the end of the year, in that way we can earn the profit that we want out of our investments on bitcoin's price dips.
full member
Activity: 1036
Merit: 109
February 08, 2018, 03:32:10 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 if you have been into cryptocurrency since 2011, you will find it normal during the first quarter of the year. Bitcoin price died a lot of times and recovered, and even surpassed it's ATH every year. The greater the fall, the higher the bounce. So, if you are really patient enough, or if you can buy the dip and hodl, you can earn a lot from it.
newbie
Activity: 58
Merit: 0
February 08, 2018, 02:52:05 PM
I never believe in hopeless, very soon market will recover it self and will come to open an opportunity for investors.
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