Bitcoin Forum

Hello guys :) i want to ask you guys something .

 Will bitcoin survive this year? Because the rates of btc are goin down and down :(

i think you didn't even look at the bitcoin price statistic over all,this month's price is waaaay better compared to december when bitcoin price at $370-$390

I think he's more worried about another move down below the $400 line, and to be honest I kind of am, in a way, worried as well about the price dipping below $400.

As for OP, I'm sure Bitcoin is going to survive this year, but if you're really that worried about the price, you can wait and watch the changes for yourself.

BTC is not going down. It is going up right now, in fact. And yes, BTC will survive anything. Even economic turmoils.

BTC is here for the long term, it will undoubtedly survive this year.

no bitcoin's price may be changed time to time but it going to fail in its operation is never gonna happen.

you should get worried and then ask this question if the bitcoin price had went down to like $370 and not from $430 to $420 this is just the market swings which is pretty normal and a good place to buy bitcoin at lower price before it goes back up again.

You may be lookinga the weekly price chart because as far as I can see, bitcoin is not yet dropping since we crossed the $350 price. What you are seeing here are minimal changes and there is no reason to worry at all. It's near weekend so I think it's normal that the price will drop of some $ but expect the price to rise again any sooner. Halving is near and we can only expect positive changes. ;)

that is your illusion

the $20 falling is not mean down for Bitcoin  8)

First of all, I want to greet you a warm welcome here in crypto world! Welcome!

Hope you will get the picture of this post.

Well, bitcoin has survived several "deaths" in the past. Not sure why it would die now.

you need to look at some charts for seeing the history of bitcoin price changes. open bitcoinwisdom.com or look at this for the past week :
http://www.coindesk.com/price/#2016-02-25,2016-03-03,close,bpi,USD

I wouldn't start to worry over price going down for $20 it is normal but any more than that if the price breaks $400-$350 barrier and continues going down then I would start talking about bitcoin survival

A $20 dollar dip is nothing.  Just a time to buy more.  Bitcoin tends to be all over the place and hard to predict.  I think anything under $500 is a good buy - so it is great to see the price down.

it have to go down not, it's all normal, after pump comes dump, and now it's dump time so price will fall, it will fall by 20$ at most, that won't change anything a lot

Many delusional souls here. Don't you see Bitcoin development stopped because of Blockstream, and that we have several technically far better coins right now. This is how market caps will look in max 2 years:

1. Ethereum
2. Bitshares
3. Iota token
3. Monero
4. Dash

Bitcoin is dead.

Its not going down.

It is going down if it lower to $400.

Maybe mass traders selling their BTC because halving is near and many are buying now.

currently yes bitcoin prices down over than 3% and this is usual things because prices will rise up again soon and you can take advantage of this opportunity with buying bitcoins and hold till prices rise up again

Well i think its justa nature of bitcoin that there's dump and pump.. don't worry about the value of bitcoin because this is not the end of bitcoin and 99.9 percent chance that the value will increase sooner or later.. Just be patience.. every day the value decreasing and increasing..
Just hold your bitcoins and wait for more pump up so that you can make more profit than selling it right now...

Long term wise, the exchange rate is decided by the net purchase order everyday, and a large part of them comes from new users

Now new users will have no reason to purchase bitcoin due to several major properties are broken: Decentralization is broken by HongKong closed door meeting, low fee and fast transaction is broken by the full block and long queue, 21million limited supply can be changed by a softfork, and censorship resistance is challenged by chainalysis

Before, every time when bitcoin exchange rate drops, I will buy without doubt, now I dare not. $200 is not so far away

Just look at the long term graph and you will see that the Bitcoin price is going up instead of down. ;) You focus too much on the short term. And yes, Bitcoin will definitely survive this year, not sure why you even ask this question.

And it will go even lower when people realize bitcoin will not scale in any meaningful way for at least the next 2 years.

Price will probably be in $100s in the next 2 years.

At a moment the price of bitcoin is going lower, but I don't think there is anything to worry, small ups and downs will always follow bitcoins, price will rise at the time of halving.

Just quoting this so I remember to tell you were wrong. There is no way bitcoin would be in $100s within two years. Nope, just nope. I believe there will be another pump before the halving and we will see $500 going down.

I think OP is worrying a lot this time, maybe because he is looking at the chart and set it at 1 minute or 1 hour... this is not the only time that price dip lower when it reaches $400, but the good thing is that it is just above that price..

Bitcoin would definitely survive this year... :)

Well this is normal. The price goes up, then goes down etc. Nothing to be worried about unless you need your money this very instant.
If you do well then you have a problem and you should reconsider your investments.

I don't see it going down in any sense ? The price is just fluctuating as usual and is above 400 mark right now.The answer to your question depends on the Huge miners or whales mostly and i don't think day to day traders have lot of impact on it though.
anyways,it should survive the mining all the time,so do your calculation.

this is what's wrong with this market.
we all know that there always has been swings in the price this big but some people don't know and panic with each swing up or down and act without thinking and push the price sideways.

Bitcoin will scale, I 'm not worried in the slightest about that.
The thing is it might not scale as you want it to.
Price of $100 therefore is pure bs.

for me moving it down is next to impossible, bitcoin is already recognize by many now a days and it will be more popular in the next coming years, as we worried about the fluctuation, this year might be a good year to invest with bitcoin since many alt developers rely from the success of bitcoin,.

It would've been better if your check the charts and see for yourself how's the trend recently (mostly gains instead of loss of value) in which clearly it;s an upward trend (currently up by 0.16% for today alone and standing at $422). It's survival was never a real thread specially after a whole big community and developers constantly making sure everything is how it supposed to be.

Only time will tell but $100 is too low even if an altcoin becomes the king. If things don't go too well it will still be valued around the $200 or $300 mark.

Exactly said. The reality is even when the market is very bad also the price of bitcoin has not went beneath the 350$. So we can be good faith that at any situation bitcoin won't go very low.

In the past year it went below $200 a couple times, $200 is not an unbreakable barrier, if worst case scenario happens, $100 to $200 bitcoins seems possible.

People are only interested in short term gains. They just look at how the price has been performing last week and from there they make predictions. It doesn't make sense, but that is how they work.

It seems possible but the fact is that the bitcoin is always getting back up it cannot lose in my eyes.
And in fact it never did lose, because there are always people that still believe in the bitcoin, and there will come more halving so that will create a boost.

It is just a normal move in the bitcoin market. Such as the price went up at the beginning of this week.
So there is no need to freak out. If you can not deal with this small down move , then you better sell your btc

I actually am starting to worry a bit from competitor coins now. If core doesnt get its finger out soon then maybe we might all be in big trouble.

Bitcoin has a tendency to go sideways and then boom drops lower, in the short term. In the long term, we are going to see price rise. The mid-term? Who knows, it goes up and down, and down and up. It's a topsy turvy world here.

Yes it is perfectly normal for the price to go up and down and vice versa. That is the thing with assets and currencies.
There is no way to skip that. Just accept it and don't get lured into panic selling.