Topic: Your opinion about the fall of bitcoin - page 19. (Read 2196 times)

Bitcoin will never fall literally like the value of mickey mouse money. If there is always downfall this month, this will grow uo again fo the following months or years. Bitcoin will never really fall until its investors lose their trust on this kind of crypto. But if we really want to maintain or make it better that image of bitcoin, let us help together to break the false information that blocks investors.

I think the only reason the bitcoin fall if countries ban bitcoin.

Countries are either starting to ban or regulate bitcoin. If it's banned, people can't use it. If governments start regulating bitcoins, that means tracking people's accounts; who's buying & selling for tax purposes. People maybe selling to avoid the regulations they know are coming. The big players know this too and are probably cashing out so that helps bitcoin go lower. If they made 10M in bitcoins, they can probably get away with not paying taxes as governments can't track it now. Once regulations get in place & governments can track it, they'll have to pay almost 1/2 that profit in taxes. Also, the futures exchanges starting trading bitcoin futures recently so that allows them to short bitcoin. So this is another contributing factor to bitcoins decline.

I think I have witnessed the bad side of bitcoin. However, that does not mean bitcoin can not bounce back from all the crises it faces, I am not worried, because it has become a tradition of btc prices down in January. Look at the data from the last few years, then you will see that prices are always down in January, By the end of February or early March the prices have gone up again.

My opinion for the fall of bitcoin is that the reason for too much price increasing . however it decreases continuously because of people panic selling, and thinking that it is the end of the cryptocurrency. on the other other hand Reason of falling is the ban of bitcoin in various country.

We all know that bitcoin is too mobile in its price and high volatility is inherent in it by its nature. Therefore, there is nothing to be surprised at such a deep fall in price. I'm more concerned with the fact that for too long in bitcoin, its shortcomings are not eliminated - slowness and suspending transactions and high commission fees. I think that this is what influences most of all the drop in the popularity of bitcoin and a drop in demand for it.
Let's hope that its shortcomings in the near future will be eliminated by a network of lightning or a more perfect phantom network and bitcoin will recover again.

I believe a correction was due but to the levels we have witnessed is a little scary. unfortunately we cant always be green I just hope it moves back up quick otherwise it could be an awful year maybe years in crypto.

Reason of falling is the ban of bitcoin in various country.

This happenings to bitcoin now did not surprised to me, if you are in old in bitcoin holder you know that every January to February the bitcoin price as going down, and it is bouncing back about 4-5 months after. This tradition of bitcoin price was repeatedly every year, so much better to us now have a patience and hold bitcoins a couple of a month then you will see the profit.

My opinion for the fall of bitcoin is that the reason for its fall is its nature of volatility, however it decreases continuously because of people panic selling, and thinking that it is the end of the cryptocurrency. Government, companies, and other media personalities doesn't even help it and even announces that it is the end of blockchain technology. What we have to do is to support the foundation of crypto industry, do not easily fall into the trap of capitalists.

Maybe it's because the Chinese will cash out a lot of money before the Spring Festival.
I think there will be a big increase in March, so the end of February is a good time to buy.

btc will surely rise after valentines day and Chinese new year as we all know that Chinese have the largest share of crypto market

I think this would be a test for investors, if they really believed in bitcoin they/we continue holding it and do not ever selling it at a lower value. Also it happens due to panic seller, they will help to increase the supply of bitcoin that is why the price are going to decrease. And for now it is the right time to buy bitcoin and hold.

the price is  still in normal range if we consider the Dec 2017 price. dont panic it will highest in june once again

You are always using the stock market terminology when it comes to trading BItcoin. Bitcoin is trading 24 hours a day everyday so your academically obtained analysis is just moronic.

My opinion is that the fall of bitcoin is normal. From the past you see that bitcoin losses value and gains valued over time. So Don't be worried it must surely climb back to it's too position.

The below is the records of Bitcoin’s steep fall in recent years:

September 14, 2010 to October 8th,2010, Bitcoin plummeted from $ 0.17 to $ 0.01, the drop range is 94%；

November 6th, 2010 to November 10th 2010, Bitcoin plummeted from $ 0.5 to $ 0.14, the drop range is 72%；

February 10th, 2011 to April 4th,2011, Bitcoin plummeted from $ 1.1 to $ 0.56, the drop range is 49%；

May 13rd, 2011 to May 21st,2011, Bitcoin plummeted from $ 8.45 to $ 5.58, the drop range is 34%；

June 8th, 2011 to November 17th,2011, Bitcoin plummeted from $ 32 to $ 2, the drop range is 94%；

April 10th, 2013 to July 7th,2013, Bitcoin plummeted from $ 266 to $ 63, the drop range is 76%；

November 30th, 2013 to January 14th, 2015, Bitcoin plummeted from $1166 to $ 170, the drop range is 85%；

March 10th, 2017 to March 24th,2017, Bitcoin plummeted from $1326 to $ 892, the drop range is 33%；

June 11th, 2017 to July 16th,2017, Bitcoin plummeted from $3025 to $ 1837, the drop range is 39%；

September 2nd, 2017 to September 13rd, 2017, Bitcoin plummeted from $5014 to $ 3766, the drop range is 25%；

December 17th, 2017 to December 30th,2017, Bitcoin plummeted from $19850 to $ 11690, the drop range is 41%；

The recently new drop began from January 6th, 2018, the drop range is nearly 60%. But now, the Bitcoin have rallied a liitle again. In accordance with the previous practice, Bitcoin will slowly rebound.

Steep fall is not frightening, the frightening thing is you lost confidence.

Therefore, everyone must be confident for Bitcoin, let us expect Bitcoin to erupt again！

There may be a lot of reasons behind the downfall of Bitcoin, Remove crypto from banned.exchanger in various countries of the world.

in my personal opinion, this is just a normal phenomenon.
The bitcoin price need a correction in the beginning of the year.
you can look at the graphic of bitcoin price past 3 years.

in the world of crypto altcoin can be very high and can also be very low and worthless. all can happened.

bitcoin today is below with its declining value capacity. natural correction will run long, so bitcoin must retain its value in order to survive. buying and investing is one of the ways.

believe me! bitcoin at the end of 2018 will reach a very high value.