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Topic: Your opinion about the fall of bitcoin - page 15. (Read 2196 times)

member
Activity: 308
Merit: 11
February 08, 2018, 01:12:07 PM
Ken Rogoff is a respected professor of economics at Harvard University. He was the chief economist at the International Monetary Fund for several years. Regardless in the scientific community, he is treated as an expert, and his opinions often attract a lot of attention. Probably, through the Guardian's blogpost about Bitcoin, he will focus even more light on himself. In the entry, Rogoff writes:

It is hard to say what would stop central banks from creating their own cryptocurrencies and using regulation to overcome the scales of victory on their side. The long history of currencies taught us that what the private sector discovered, the state finally regulates and uses. I have no idea what the price of Bitcoin will be in the next few years, but there is no reason to expect that Bitcoin will not face a similar fate.
full member
Activity: 392
Merit: 106
February 08, 2018, 12:09:45 PM
I have not any special opinion about the fall of bitcoin.Because it is a usual feature of bitcoin.The price will uos and downs.But you have not to worry so much.Just be patient,hold your bitcoin and earn a lot of profits.
full member
Activity: 476
Merit: 101
February 08, 2018, 12:09:28 PM
It was a big SALES!, Whenever BTC price goes down and even make a big dipped with more than what we speculated.

Many of BTC HODLer are not affected, most specially those who belong to season HODLer, because they witness the rise and fall of Bitcoin many time. Which other called it roller coaster phenomenon.
newbie
Activity: 34
Merit: 0
February 08, 2018, 12:09:21 PM
Every market have their ups and downs. FIAT market, grocery market, flower etc.
It's not possible for Bitcoin or any other participant in the market just to grow.
Sometimes goes down for many reasons.
newbie
Activity: 75
Merit: 0
February 08, 2018, 12:03:26 PM
I don't understand why people get some much scared about that drop. Bitcoin will always have up and downs, and in that moment, it's obviously a down. But it will get better, as always. So keep calm and hold your BTC.
full member
Activity: 714
Merit: 104
February 08, 2018, 11:59:11 AM
There i see 2 ways: first government want to regulate this market and drops reputation with news, other reason some one ant to buy big amount of btc and try drop price
member
Activity: 160
Merit: 14
February 08, 2018, 11:55:39 AM
Don't be so panic. Cryptocurrency market dump and pump every single day, it's indispensable thing. You should keep holding all your coin and token until Q2 of this year. There are a lot of news related to cryptocurrency come from Asia and US, these news affected a lot to cryptocurrency price and Bitcoin is not an exception. But you no need to worry, everything will be fine, as I know all problems solved and the all the market will be painted in green very soon Smiley

Like any other businesses, there are good times and bad times. But the good thing about biycoin is that you never had to wait for weeks or even days to wait for it to go up.. it flactuates from time to time and always make sure to save some so that when you see a good rise, buy it.
newbie
Activity: 24
Merit: 0
February 08, 2018, 11:50:32 AM
my opinion this year's bitcoin price reduction is a small correction of the bitcoin price level in 2017 and some speculative money that has been invested some time ago, has been pulled back by outside investors to make a profit.
newbie
Activity: 126
Merit: 0
February 08, 2018, 11:31:17 AM
I just keep calm because I know that bitcoin will rise again the price.
full member
Activity: 1582
Merit: 101
February 08, 2018, 11:29:35 AM
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 ctrypto market falling down. But day day when people will realize all are fake news BTC will go its top position. There is no doubt.
member
Activity: 254
Merit: 10
February 08, 2018, 11:28:12 AM
there are many factors that make bitcoin decline from the statistical data of online traders every day diminish means that enthusiasts begin to decrease but that does not happen without the reason the number of negative issues issued some conventional media and some countries banned, the existence of a hack case in japan make the virtual money holders began to worry about safety of his money. but I'm sure bitcoin will grow up again a few months ahead
newbie
Activity: 101
Merit: 0
February 08, 2018, 11:17:07 AM
The US Senate softened the approach to regulating bitcoin, which was publicly discussed. Further, the sale of bitcoin finished its cycle, and the correction of prices was bound to happen.
jr. member
Activity: 196
Merit: 1
The Experience Layer of the Decentralized Internet
February 08, 2018, 10:46:08 AM
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.
newbie
Activity: 85
Merit: 0
February 08, 2018, 05:21:25 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.
Im sad because all my eanings decrease and I need to wait in bitcoin comeback to earn more money and buy my stuffs. The Fail bitcoin have benifits because you can buy btc on low price and sell it when the bitcoin rise up and earn more money
newbie
Activity: 275
Merit: 0
February 08, 2018, 05:00:03 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.
in the world of crypto, this is very reasonable in my opinion. especially nowadays many countries are banning the existence of bitcoin. so the possibility could happen from that factor.
legendary
Activity: 1288
Merit: 1036
February 08, 2018, 04:49:03 AM
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.
fuds making this market panicking,those weak handed users helping those trolls to make this dump possible,forcing many holder to sell their coins in lower price because afraid of big losses.but if we will continue pushing the trustees to hold and remain supporters of bitcoin.eventually the market flows will stabilize and return to normal again
It is a part of every business that you to get yourself mentally prepared for any kind of loss in whatever you have invested. This thing should not be dealt as a fear but something to be faced with courage and to minimize it, adopt the policies that can help you get more and more benefit from whatever you have invested.

Just believe in yourself that the things are going to work for you , and apart from this believe make sure you all the necessary knowledge which can help you get maximum benefit from bitcoin.
newbie
Activity: 92
Merit: 0
February 07, 2018, 04:51:42 AM
I think this may be the cause of the fall of bitcoin because of the large number of people using bitcoin. so often people sell and buy bitcoins that cause bitcoin to fall.
full member
Activity: 229
Merit: 100
Money making legitimately
February 07, 2018, 02:52:50 AM
there is a saying that "what goes up must come down", btc has gone up so much against other crypto and its time for it to fall before rising again.
full member
Activity: 336
Merit: 101
February 07, 2018, 02:44:08 AM
If you look at the graph of Bitcoin, it has had several corrections in the past. Right now it is undergoing a major correction, and I do not expect the prices to come back anytime before January 2018.

Whether you want to hold on to it or not is your wish. I am still holding.
The reason behind this much of the fall of the market value of the bitcoin is that there are number of investors who have withdrew their money out of it by looking at the present situation of the market. Other than this, the decrease in the rate of the demand of the bitcoin in the international market is also resulting in creating this kind of situation for the bitcoin as well as the ones who are there into this business.
sr. member
Activity: 756
Merit: 294
February 05, 2018, 04:05:09 PM
Sometimes the analysis can not explain us very well but I decided to stay calm, no to panic. Better days are coming for bitcoin

In this current bitcoin scenario, there is no amount of technical analysis that could predict where the price is going because it is now heavily dictated by emotions of most traders and holders.

It is very hard to determine each individual emotions but I think the old-time advice of buying while people are afraid is a good reminder and mindset to have right now.
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