Topic: Your opinion about the fall of bitcoin - page 18. (Read 2196 times)
So this news just came up to scramble the eyes of some innvestors which is really successful. but Idont think bitcoin will fall its stability easily.
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.
it's still up 7,000 percent in a year Yes. Its on a dump right now but you should look at the difference between bitcoin's price this year and last year. I think the situation right now is based on government regulations on cryptos but I do think that it will not last that long. There are so much great projects out there that used bitcoin as a foundation. I think that it is a good start to a new growth and development in crypto world. It is natural that we get anxious and stressed especially when we are holders, but we should also trust the system and use what we know to try and make a move that we would regret the least.
I think this up and down is common in investment. Yes you are right that its price are very less but most probably its price will increase in upcoming months. So i am not worried about the price.
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.
it's still up 7,000 percent in a year
I think that the current price for bitcoin can not be considered its fall. Remember that we spoke literally half a year ago. We thought that at least 5k worth, but now 8k and we are not happy. The fact that the price of bitcoin has increased to almost 20k indicates that there was a lot of excitement for him. It seems to me that the current price is optimal for bitcoin, but of course like many I hope for the best.
Bitcoin price crashes were also due to changes in regulation in this sphere in South Korea, experts say. There is already the third day, the law requiring cryptocurrency traders to identify a Bank account. For the fall of the bitcoin exchange rate was influenced by a message from India, whose authorities want to ban cryptocurrency trading in their territory, as they consider them illegal means of payment.
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.
Chinese new year could be one of the sense reason of this fall and also you are right, sometime technical analysis is not working in cryptocurrency because only news which is working better than.
But I am confident that Bitcoin will recover later on.
I give applause for your confident. The price of altcoin will not this deep when everybody confident like this.
Confident and hold our coin is necesarry thing right now. No need panic right now.
There are many reason behind the fall of bitcoin price and few are like Chinese festival holidays, Face Book banned advertisement of crypto and some negtive news that countries have banned or planning to ban crypto transactions.
Just want to say that when bitcoin price was at around $1000 last year same month it spiked to around $20000 in December. Same way this year also there is a spike expected and crypto experts predict around $40000 end of 2018. Don't worry about the current price and wait for bitcoins price to reach the sky within this year end.
Other way round, the number of ICO's are increasing day by day is also a positive sign for crypto market to mention here.
Just want to say that when bitcoin price was at around $1000 last year same month it spiked to around $20000 in December. Same way this year also there is a spike expected and crypto experts predict around $40000 end of 2018. Don't worry about the current price and wait for bitcoins price to reach the sky within this year end.
Other way round, the number of ICO's are increasing day by day is also a positive sign for crypto market to mention here.
There are so many unexpectedly happens about the fall of btc like social media wanted to ban the ICO. The negative news which bothered btc holders to decide to dump their coin. To make matters worse, the security of cryptos was called into question last week after £380million worth of NEM was stolen by hackers who targeted the popular Coincheck exchange. This what makes the fall of btc.
It makes me worry as I cannot decide on which level should I invest more. I will invest about $2000 or so in next 30 days for sure because it seems the appropriate time to do so.
It just a normal happen when bitcoin is falling down when February comes and the goodnews is the best to buy crypto. Bitcoin is surely comeback.
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.
Yes, the Spring Festival is a big festival in China where prices have gone up. They need to buy new goods, new clothes, visits to relatives, etc. Therefore, they need more cash, the drop in Bitcoin prices is most likely due to China's Spring Festival Cashing . But I am confident that Bitcoin will recover later on.
I do not really think the fall of bitcoin, but I really hope the bitcoin will increase as usual.
I've met these days a friend we didn't talk for some time. I asked him about the fall of Bitcoin prices. He asked how much Bitcoin is now. I told him 8k-ish.
His answer was eye opening for me: "Last time I've checked it was 2k. The price is just fine."
And he's right. The "fall of Bitcoin" is just a correction. A big one, but there's plenty of room for it. People cash out their profits of 2017.
His answer was eye opening for me: "Last time I've checked it was 2k. The price is just fine."
And he's right. The "fall of Bitcoin" is just a correction. A big one, but there's plenty of room for it. People cash out their profits of 2017.
I think the fall of the bitcoin is due to the panic selling and stooping the investing in the bitcoin. If we stop investment ion the bitcoin and use bitcoin panicly due to the little fall in the value, it create a high fall in the bitcoin value. When we investing at a high rate in the bitcoin then the value of the bitcoin go high and high. I think we should keep investing in the bitcoin so that the value of the bitcoin will rise and many people from the world will change their life due to our investment. So for the sake of the humanity we should invest in the bitcoin.
Bitcoin fall due to little problem encountered by exchange, there are a lot of transactions, and I hope it will recover soon.
Well in my opinion concerning bitcoin fall at this year is due to korea and china bitcoin banned, and some other countries regulations for bitcoin. It really has a big effect for a bitcoin price to get lower. It's just a normal, and an basic economic, supply and demand. Basically, bitcoin population is being affected by this two countries bitcoin banned policy. So the demand of bitcoin got decreased because the supply of it is increasing.
People talk of bitcoin's history(down in January, then up after that) as if that's going to predict where it's headed. Roflmao 🤣 Just because it may have done that in previous years, doesn't mean it's going to do that this year! If this was assured 100%, then these people who say this should be putting all their money on the line. But they are not doing this are they?
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.
Yes bitcoin is unpredictable. It always surpasses our expectation about it but trust in the bitcoin. Its price will rise up again and it will be a great come back for the bitcoin. The bitcoin statistic in the past years shows that the bitcoin's price goes down during the first month of the year, actually between January to February but do not be worry, the bitcoin's price rise again when it hits march. The graph shows that this is a normal event so do not let yourself be shaken. 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.
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 fall in bitcoin always happen so for me its nothing new. but after the fall there always a sudden jump so just dont panic and hold it Jump to: