Bitcoin Forum

Not only in Bitcoin and Ethereum, but at least 90% of the cryptos prices are going down at this moment.  Many Youtubers said that this is normal in the cryptos space, are they correct?  I am not in this market long enough to understand this.   ???

No one really knows, Bitcoin and altcoins have crashed before and they have rebounded, but big speculators entered the markets in the last few months and they are all cashing out now and moving to investments like real estate, gold and fiat again, so we have no clue what happens next.

Price fluctuations are common in cryptosphere. If you look at the stats, the current bitcoin price is around what it was 30 days ago which is a normal phenomenon. If you look at it as the price has just dropped to what it was 30 days ago, you would not panic. If you are always expecting an upward trend then you are in for a surprise. You will get used to it sooner or later.

I think so, tons of investors flooded into cryptos over the last few months spiking the price at all time highs. It's only natural that prices would settle down after awhile.

I agree with the others. This is fairly normal. However, it is a larger and more sustained dip than what was seen a couple of weeks ago.

Looks perfectly healthy to me. I would be worried if we were at $3.5-4k now.

I think this is normal to crypto world. Last month bitcoin crash twice as well but it was like 3 days only. We don't know how long this crash will last though maybe the same, maybe not. But once thing for certain is that bitcoin can quickly recovered from this crash and will push the price to new levels.

Out of curiosity each and every user is making a hard research, just because the price of bitcoin decreasing along with the altcoins. In my view there is nothing to complicate, just it's a matter of time, same price fluctuations has happened in the past. But now only people have come across true price drop, because this happened when everyone were speculating much about reaching ATH.

I don't know whether this is a natural phenomenon or not,but there are rumors that a co-founder of Ethereum is dead because of which this current crash in bitcoin and altcoins has occurred ,but it is only a rumor yet so ,don't know what the real cause is.

Yes, while always painful to see prices drop as a HODLER of Bitcoin, I think this is completely normal.  I have been through three of BTC's majestic price cycles, it goes way up, then comes way down.

It isn't quite predictable, but almost seems to be...  In general, if you wait until the decline "seems to be mostly over", then BUY & HODL, you will do very well.

Even if you buy "high", and just hold it long enough (can be a long time, say two years so be prepared if you buy at peak prices), you will do OK.

Yes it`s normal, bitcoin had many ups and downs on its way to where it is now, and I don`t think that this price movement will ever stop. Everyone say that fluctuations are normal, then its normal to go up or down, if its just going in one way then its not fluctuation and people would not earn money with trading.
Bottom line is `what doesn`t kill a coin makes that coin stronger`, bitcoin survived many things, and now its stronger then ever before. I think that some other coins can follow bitcoin. if developers improve their coins to be better and fight for them, promote them even when times are hard then this coins are worth for us to pay attention on them.

In all stocks and investments, you have "bull markets" and "bear markets".  A bull market is when the price has generally been rising for a while (with slight peaks and troughs within that, of course).  A bear market is the opposite.

Currently, cryptocurrencies are believed to be in a bull market, and have been since late 2015.  Typically, bull markets last longer than bear markets and bear markets are a much sharper dip.

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The important thing is that if a bear market begins, you don't panic no matter what happens.  That's when smart money starts to accumulate from all those people that are terrified of losing their investment.

Consider this normal and hope for the best.

Yup.

If you can't take it then park yourself at the sidelines. The price always goes in cycles of hype and despair.

You didn't think it was going to continue going up for all eternity did you?

I will have to agree with your position because even though I have been involved for a while, at this point I am a little bit curious as to why things are turning out this way without any justification to the effects considering the news of Google partnering with blockchain.info and the news coming from India about the propose legalization which is something that should even increase the price further but witnessing the opposite is just a matter of concern.

I consider it very normal after reading few blogs about bitcoin past to future. I think the crypto currencies and majorly bitcoin have seen worst drops like this but they have always made there way through it. As seen today the bitcoin is many times higher than the previous drops and it will gain more value real soon.

this phenomenon isn to a big deal. Such dumps and pumps are common with periodic cycle. This is sure because it will happen almost 4-6 times in a complete year . I have seen dumps upto $300, $700 and $1200 when the price use to be lesser than what it is today. Bitcoin however gets the hike as son as it drops on lower side, because mostly people will start investing heavily in this situation to earn bigger profits when bitcoin sets its path upwards again.Almost 90% of bitcoin lovers knows this formula very well and hence bitcoin indirectly gets a leap in such dumping situations. Having this mentioned, you should also not worry about its current situation as it is temporary and will revert to higher side once more. So start buying it if you have confidence.

Yeah it's normal, just look at any historical chart over a period of at least 3-4 years and you'll find similar patterns.
I'm surprised it hasn't happened sooner, the price really needed a correction.

Be on the lookout to buy in the next couple of days or weeks ;)

I agree with you. Last month if the price went above 3.5K, there must be 'something'. As expected the price to depreciate but no idea how far it will go.

I believe a positive news in the world of cryptocurrency will see a rise in price of bitcoins once again, even the price of Gold has been affected so i think its a general thing and not only focused to the cryptocurrency market alone.

The decline on the price of Bitcoin is always normal. Bitcoin is very volatile and seeing it goes up or down is very normal. Other factors may also contribute to this decline such as the August 1, 2017 calendar mark that maybe brought fears to some new Bitcoin users. No matter the reason about these current declines, nothing is to worry about and treat every price changes as normal.

The crypto market is recovering from the drop with a current total market cap of $103.6B.

Hopefully, the historic trend will continue - that the price goes beyond the previous peak before it dropped.

Im a bit confused sir about your question because of a normal phenomenon, I mean we all know that phenomenon is not normal? Or something lime that but anyways, Yes, in a positive way, cause we all know that the bitcoin fork is near, and it's just normal to have this price drop

Price volatility is normal process for bitcoin you should now that by now. When did you see that price is constantly climbing up without any dumps? This was just minor price correction and at the moment the price is more or less around 2500.  Nothing to worry about or panic for, just relax.

Relax anyway even if the price goes under $2000 (or try to!).  As long as the Developers and Miners can work out a solution to the scaling problem (maybe they can and are), then Bitcoin will be just fine given some time.  Bitcoin is famous for its HUGE volatility, so consider buying it and HODLING for as long as it takes.

Even if you buy at $2500, and BTC goes down to (say) $1700, HODL ON!  The price would likely go back up to record highs (again, given time and resolution of the BTC scaling problem).

IF they do solve the problem, and BTC goes down to (say) $1200 - $1500, then it's probably a GREAT buying opportunity (but do not speculate with money you cannot afford to lose).

What I meant was if the price flucturate (up or down) of 35% to 50%+ in one day is not something that happens once in a blue moon for Bitcoin or Ethereurm.


I am holding it for the long term so I am not as worry.  However, seeing the market going down on 95% of the cryptos for a consecutive of 3 days is no fun.  It seems that Bitcoin is maturing because it is relatively stabler than other coins; the volality is not as large as others.  That is a good sign.  

It is not a fun deal to see the market drop a whooping percentage as you claim,but i am not sure about the exact drop,we had a really good rally before that for months and expect these sort of corrections after the bull run,we might consolidate for a while and then we will see another bull run later this year or next year.

If you have seen today price in exchange then you would have been regretting that almost all coins, eth and btc have gone up more then 10% in btc and eth, but other good altcoins are up 30%+ so it was a short correction and now it has bounced back, July 1st Australia is going to declare Bitcoin as legal currency, then i think we can see more boom time to come.

It's normal! usually when bitcoin price drops altcoins price also drops with it. you'll get used to it, in time! everything is moving up now. :)

Ya it is true that almost all altcoins price are related to bitcoin because if the bitcoin price is going down then most of the altcoins price will go down as they will start to sell the coins and convert it to bitcoins and sell it also so that in dip of bitcoin price they can buy back.

Not all of them are related to bitcoin. At the moment there are a lot of coins related to waves and ethereum. But still if we see a dump, than a lot of coins are going down and not only because of bitcoin. You can also see that it is just a panic sell, which cause that and market cap of sme coins is reducing significantly.

Good advice. 

My concern about scaling is that Segwit can only ease 60% of the bunden.  That is only 2.5X more transactions in a block (if the difficult level adjustment is set to solve a block in 10 minutes).  Even with the Segwit2X, the combined effect is only 5 times more transactions that can be processed.  The average transactions that Bitcoin blockchain would processed would be only 15 to 16 per second compares to VISA's peak capacity of around 56,000 transactions per second.  If Bitcoin wants to be accepted by more people, the developers have to do better than what Segwit can offer.  It is very interesting on how this will play out in the future.  I am sure once the scaling issue is solved and when more countries start to regular it, big banks will start to invest in it and the price will shot up 100X or more in the 10 years.

I am not a methematician so please correct my analysis if I am wrong.

As cool as bitcoin is, for someone that only wants it to buy stuff and avoid crazy bank charges, this volatility may seem bad.

If for example today I buy .2 btc @ $2500 to make a $500 payment, and within 24 hours before I make payment the price crashes to $2000, I'll lose $100 - some merchants update their prices accordingly.

The upside though is if it gains value, I get a bit more. It can be irritating though, and makes planning uncertain.

It's normal and if somebody wants to know how and why is this happening, they should open the price charts of any exchange and look at the last 3 months. Bitcoin went up so much that its price has doubled, and for that to happen people had to keep buying and buying. Those buyers were mostly newcomers and i'm saying it because of 2 things.
1. If you're holding some coins, it's possible that you will keep buying more as the price grows, but most holders are too experienced to keep buying when the price doubles in a few days. They are either selling or riding it to the top.
2. There was a large spike in bitcoin searches according to google, which means the price growth has attracted new people.

Now those newcomers are usually in for a quick buck, and those that aren't will sell at the first sign of a crash. Those who bought right below $3000 had to be getting impatient when the momentum was lost and the price started to stabilize around $2900.

It is very normal. That is how volatile the crypto world can be. Something like this happened few weeks back and even before, and they all bounce back eventually.  I have no idea though why all of them behave in such manner sometimes but I am sure dumping as a result of panic selling is one major reason. It is what it is.

Mind to share how to access this info on Google?  Do you remember the figures of the last couple times of searches so that I have a benchmark to use?

Here you go, it's actually very easy to find in google trends. https://trends.google.co.uk/trends/explore?q=bitcoin
Notice that search spikes correspond with price pumps. Pumps trigger news outlets and people dive in blindly adding to the pump.
Enjoy :)

Welcome to the crypto world mate.  ;)
Hang on because it's a turbulent ride. It goes up like crazy sometimes and at other times fall at full speed by gravity.  ;D

Just enjoy and have fun. Let's wish for a happy ending.  :D

Thanks!


I'm breaking even now.  Waiting to get some paper capital gain. 

Normal correction all the time in the market. After a pump always expect that a correction will follow. May I ask are you holding bitcoin already? Once bitcoin is on a red day other crypto's will follow too. Just a simply tip to you, exercise your heart and don't be too weak with what you see on the market.

This happens in the real world too. One oil company goes down in the market place, suddenly all oil companies go down, pretty soon all commodities companies go down.

It's even worse because of all the computer trading going on, which is much more limited in crypto world (APIs being slow, markets fragmented, etc.).

This not only happens to BTC or any other Alts. If you engage yourself into trading and investment, You can see the trend of every players. It's normal if you can see their trend do have ups and downs. This kind of industry is very unpredictable better be ready if this thing going to happen again in the near future.

Yes its just normal like all other trading platform if huge investors comes then they start to decide price down and up . They create situation where all small holders will sale their holding then then this big investors hold them . Its common in all trading platform . Even crypto is a currency as if now its treated as trading asset . Its all about demand and supply. some naturally happens and some will be created .

It sure definitely is. Price drops and rises, big or small, has been happening since forever in the crypto world. You don't even need to be in the industry for long to see this whatever the altcoin. You can always look at the past charts. coinmarketcap.com

You have to decide if you want to trade or invest with Cryptocurrencies. If you are investing then this volatility should worry you whatsoever. If you want to trade then this volatility is amazing. It's good either way. There is no need to worry.
Bitcoin has already proved that it has solid foundations for long term investment.

Yes they are right fluctuation in the price of bitcoin and altcoin is normal, and no one really knows what will gonna happen with the prices in next hour or even in next second.

Bitcoin and other cryptocurrencies market value will just go up and down instantly and it is normal just like fiat in real life so it is normal, and traders will strike and play this.

I don't know what people really expect in a market where the value is determine by supply and demand having fluctuations is perfectly

actually the current market is very stable if you do a comparison with the past, I'm very pleased with it

Its normal I don't see any need to worry, yes there have been videos and articles that say Bitcoin is coming to an end and coincidencely the prices of Bitcoins have and other coins have come partially down, but I don't see any need for panic, rather I see it as a panic opportunity, and that's what smart traders shall do. If you have coins at high price, buy at low price and average them out. Or if you don't feel comfortable hold them for the long run it shall be good.

Exactly! Since the price of bitcoins are determined by the market supply and demand, the fluctuations of its price is completely normal. I would say that this is the best time and opportunity for people to invest since the prices right now are low and there is always the possibility of it sky-rocketing again. Some people also might hoard bitcoin right now due to the supply increasing and sell it when the demand increases.  Just give it some time and the prices will surely go back.

Ethereum drop isn't a normal but a corrective one, considering how much HYIP people spread ETH that led many to invest in it and later walk away with the instability and issues that are even worse than bitcoin.
Bitcoin crash is regular and is of small value that will recover mostly, other crypto's follow bitcoin direction since mostly are priced in bitcoins.

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When you look at blockchain.info's home page, there is a graph showing several months worth of BTC price (scroll down a little):

https://blockchain.info/

The drop we had from nearly $3000 to nearly $2600 (now, of course bounced off its recent lows) is not that steep compared with BTC price drops in the past (percentage basis).  If we go below $2000 - $2100, then it may turn into one of BTC's classic crashes, which if THEY FIX the scaling problem (with Segwit2x is the latest idea I suppose), then BTC at those prices would probably be a BARGAIN.

The hype that revolves around Bitcoin is usually what drives the price of Bitcoin up since most people that have Bitcoin don't want to miss out on the price of Bitcoin getting too expensive to purchase.

I would state that it's a natural thing since it does happen often compared to a price increase.

Self-correction of bitcoin price is a normal phenomenon and the drops can be even larger than that, this isn't unique to bitcoin as Forex, Stocks and all investments can have drops like these, Over long term though, IMO bitcoin is a profitable investment.

Well, it is expected because crypto is volatile. It has obviously overpumped, and thus the reason why an adjustment went under way. When there is a bubble, usually it gets fueled more until it comes all down, which is a usually 20-40% adjustment in price in btc's case.

Just like as you hear in the news about housing bubbles coming to and end, and the bubble pops, it's the same thing happened to the cryptocurrency ecosystem. I'm extremely surprised though how well bitcoin and altcoins are holding up, but bitcoin in particular. I would have expected BTC to get dumped to $2000, but it never got near that, and price seems extremely stable.

I think the reason for this is that btc recently got legalized in a bunch of big countries, and getting accepted by a bunch of merchants as well. So $2500 to me is a healthy price lvl.

As a free market means there is freedom in the market and they are only depending on the demand of the people then yes it is just a normal phenomenon for bitcoin because there is a lot of people in the market like newbie or new users and the pro/veteran or the old users of bitcoin so if there is a down or dumping moment for bitcoin it makes a hype or fears for the new users to just sell their bitcoin to be safe and that makes the price goes down but to those old users they see this is as a normal phenomenon and they just think that this kind of scenario is just an opportunity for the people to get more bitcoin and not to sell it.

Just the usual double top and now we are going down again... yesterday this is how the coinmarketcap website looked like:

http://image.ibb.co/ebOSk5/green.jpg

It's pretty obvious, we had a pump after the big dump, and now we are dipping again. Don't stress... I think uncertainty will keep making the price dippish until it's solved somewhere around august and november... until then it's a bumpy terrains of ups and downs.

I had hopes transaction capacity increases would lead to more new users and a better coin distribution in the long term.

It is so normal that we are buying on the dip and selling on the high these days. We are quite used to Bitcoin's volatile price and if you have gone

through enough of these spike and dips, you will know why we are not being phased by this anymore. You have to remember, not a lot of people

own a lot of bitcoins, so the smallest dump from one of the whales will have a significant impact on the price.  ::)

I would say it is completely normal for a FREE MARKET. Such markets are rare. The NYSE, for example has many many controls and levers that can be used to control the market and minimize swings. Nothing like that exists in bitcoin. The price fluctuations you see were present in stock markets of the 19th. century, but they are not allowed anymore and the markets will just be shut down if it crashes hard.

As long as we have a bitcoin economy based on speculation then this will be what it looks like. If we move to an exchange economy based on retail then we should assume more stability.

Yes, It is indeed normal if you will check Bitcoin performance chart in the past years you will be able to see that price drop in some point and then after weeks or months price will go up exceeding the last maximum price. If you are not a new user of Bitcoin then you will not panic in that kind of event.

Well... It's completely normal on a FREE MARKET but only because the surroundings of this market are uncertain.
Otherwise there is no reason for the price to go up and down in a too wide range (the question would of course be "what is a too wide range" because that's completely subjective but you more or less understood me anyway)

I'd say the main reason for those up and downs is the fight between:
-People afraid of the fork and the potential future of btc. They wanna leave the boat cause they're not sure it'll continue floatting.
-People taken by FOMO seeing the small dumps as opportunities to get back on the boat.

Price dump of Bitcoin and other Altcoin cryptocurrency is just normal because just like what is happening in the global market, price drop is really expected with this type of cryptocurrencies. This matter is not a real or big thing to worry about right now because it is not just about the price drop because price values plays from time to time it may dump or rise due to the sudden changes in the market so the price drops are just normal.

Definitely agree dropping prices are a phenomenon that is very normal in this cryptosphere because it gives new users a chance to be part of it by buying cheaper bitcoins or altcoins and it is also a sign of supply and demand at play and the speculations at play. But what is phenomenon about this is   prices usually rise after the drop if demand is triggered.

I think that's normal, because for the trading world we know how much it runs every hour, that price change is part of buying and selling activity between investors, and we can use it as a place to buy when prices start falling, Coins with cheap then hold up to all prices Back to stable

Yes and many users take this as an opportunity to invest more in the crypto currency. Better to have an profitable income from your capital. So nothing to worry about, it's all normal just like in real currency. Be worried when the price doesn't fluctuate, there might be something to that.

It is still normal, but it has been quite long the price keep dropping and the up is only a while and then the rise only a bit, it's quite frustrating moment for traders, and I have been holding ETH for a quite long time but the price is still not too good, it is really hard to make money from trading in this situation where the price keep on dropping

Price fluctution even it is wild is kinda normal phenomenon for bitcoin.  Supporters and traders had seen this kind of fluctuation several times that they are already used to it and consider it as a normal thing for bitcoin.  That is the reason why lots of bitcoin enthusiast consider bitcoin as high volatility currency where it can have a huge price increase or huge price drop in a span of short time.  And they are happy with it since they can exploit this kind of volatility to have profit.

There are dips every now and then which is to be expected. It's important to draw a line of the average trend of Bitcoin, the overall trend is upward growth,

That's the way it is with crypto currencies, especially that the market caps aren't that big yet, and prices can be very volatile and subject to speculation. That kind of volatility and speculative nature favors those who are into trading while dips, plummets, and quick surges are being taken advantage of by traders. Also, as far as bitcoin is concerned, the price has risen over 100 just this year, so it is but natural for it to shed some value and correct at a more reasonable level before trying to break new resistances in the future.

Yeah , this is the truth of the market that fall down and rise up is a normal things and we don't need to think much about this .
But if you had invested in those coins or altcoins then it is now a more better chance to buy at low rate , because here we need to change our mentility about this , because drop in the price of the market is not a moment to found loss but it is that time when you can buy at low rate and then again sudden increase in the price will results into profit .
Here dash , eth , btc strstis , dgb etc are those coins which are best option to buy because these are those coins which always get fluctuate more in the market up and down easily .

The value of stocks, currencies, metals, etc are not on an endless trip upwards. The same goes for cryptocurrency. It peaks and dips and is volatile and has been from the start. Is this "shocking" or a buying opportunity dont worry everything is perfectly normal bitcoin will eventually recover it's price there are just some sellers that are scaredy cats. God ppl can be such pussies,  eth went down to 200$ and now is back at 320 it's a God damn correction  for Christ  sake,  what did they expect?   Every coin to go up forever?

Fluctuations are always normal. I look at the figures for the year. In the end they always grow.

Yes , most of the youtuber are true at Thier point because the most of the people are not aware about this so they get much loss in this because of fear and continuously selling with panic to loss the capital but reality was that Thier was small down in the market of investment at the exchange but due to panic that goes down more and more .
Here I am in this field of trading since 2 years and seeing that rise and down in the price of big stable coins likes btc dash eth ripple monero are the common thing and they get recover easily .
And sometimes when the price of btc rise then that results into down the price of the altcoins because to complete the demand of the Bitcoin most of the people sold their Bitcoin to make profit .
So that types of things are common and we don't get panic .
Now you can see what was the reality behind that , Everything is now at his place , and usually you will see such types of the thing once atleast in the month .

it is just normal on daily basis but i don't see any major drop in decrease in price of bitcoin or any other cryptocurrency if you are asking for the investment or waiting for the right time to buy or sell......
many youtubers said this on their experience or those predictions are just assumtions but minor breakdown can happen on daily basis....

It's so normal and nothing to bother.
The rate of the cryptocurrency is not so alarming. Bitcoin is still in the range of $2000 and still fighting.  As well as the other altcoins. And everything that have affected by the supply and demand will always fluctuate, not even currency but some stocks and goods are still affected.

None have justified it to be an abnormal growth, growth so what's to think more about it. The growth taking place with bitcoin is quite normal and now a stable growth is happening than the past big pumps. Also the price fluctuations taking place relative to few altcoins made users get confused whether the normal growth is happening or not.

I think we are on the same page here. Your examples of reasons for fluctuation in the price are from speculation. For comparison I buy bitcoin if I'm low. It is all I use online so I need a steady supply. I pay no attention to the price, I buy them when needed at whatever price. I never sell them, I use them to buy then go get some more. So I'm not speculating, I'm a retail consumer in the btc economy. 

I just discovered on Youtube that there are some sites and some tools that help people when to "pump" and when to "dump".  I saw from at least one title of the videos named as"pump and dump with the whale".  I think these tools and sites had a lot to do with the price volatility.  

I would not call it normal but it is not as rare either, sometimes things like this happens and the only thing you can do is if you are going to stay in the world of cryptocurrencies for the long term is to get used to it and if you can to take advantage of this, since the price can recover very quickly as well and you can earn some money without too much of an effort.

This is nothing.  The drop of bitcoin is one thing, and as for the shit coins, yeah it's totally normal.  Look at the really bad ones that trade on Yobit and you'll see they're a bunch of pump and dump toilet cloggers.  Money comes in, money goes out.  People tend to take their profit when prices rise as high as they have been.  You stick around long enough and you'll see this again.

Volatility makes investors and traders get attracted to the market. If the price will be just stable or flat, like its never moving it's too boring for them. This is not a phenomenon rather this is all natural. Value keeps moving every now and then because of the factors that affect our economy. So better hold your btc.

Yes. I believe that a big part of why people use bitcoin is because it is independent of fiat. Some people asy that if bitcoin was stable, pegged to fiat, then it will succeed. I completely disagree with these people because bitcoin was built as a hedge against the fiat con, and if you peg the value of bitcoin to USD then whats the difference of using paypal and btc?

The current price drop is definitely natural. We have seen $2800 as the roof, and $2300 as the floor. So whenever bitcoin goes near these two extremes it will go the other way, and in this case, go down in value. But still it's holding on quite nicely, and i think we should expect some further pumps in the near future.

Yes, it is all normal for bitcoin or any cryptocurrency because they are all depending from the demand that they are getting from the users,traders,investors in the market so if the movement of the price is not stable since there is no in charge in stabling the price that is caused by being decentralized of most cryptocurrencies in the market.

for me i think its all normal...just like other stocks on market,btc is already stable atm so if its dumping it will surely pump up.
and prizes do move randomly fast nowadays.

When Bitcoin goes down, all other cryptos tend to follow. Therefore, don't look at it as a universal downtrend in crypto, but rather simply a crash of Bitcoin. :P

This is somewhat incorrect. You're being too general here, some cryptos such as Ripple actually has an inverse relatinoship with bitcoin which means that when bitcoin goes up, it goes down, and when bitcoin goes down, it goes up. But the rest of the coins? Yeah. If you look at the charts, you'll see that bitcoin dominance increases when bitcoin prices crash.

@OP this is not even a phenomenon. it's a daily part of life for most bitcoin users, to deal with the volatility. Unless bitcoin crashes $200 in a minute then everything is expected in the bitcoin world. Bitcoin was in a bubble when it was near $3000 but since has slowed down quite a bit, so i don't think that we'll see another major adjustment until a weekbefore august.

I understand your concern.

The youtubers are correct. The prices of cryptocurrencies generally fluctuate a lot because the market capitalization of cryptocoins are still relatively low compared to assets such as gold and silver, and you are able to leverage your trades on a lot of exchanges easily by up to 100x sometimes. So sometimes even penny stocks can be more stable than certain altcoins.

Though, there are periods in between pumps and dumps when price is quite stable. It's usually dead obvious when a dump is going to come, as it always proceeds a bubble. 10% is really nothing at all in terms of bitcoin, because back in the early days of bitcoin you can see flash crashes that crash the bitcoin price by half in less than a day. But now, it's actuall ymuch more stable.

I agree with you, that is the trend right now. If bitcoin will fall on its price then the other cryptocurrencies will fall also and it will make a down trend in the market but the good thing is, we can buy a lot of bitcoin and more altcoins in the market that can be hold for long term and it can generate good amount of profits after a long time of patience.

Yup this is an opprtunity for us as traders to make the profit, but it could be somewhat painful man if you're holding a lot of bitcoins and see the price goes down, even though the price goes down little bit. For now, volatility is such a nature for the bitcoin so I must confess that it's a normal phenomenon, some people might say that volatility is bad but as we can see many people take advantage of it, anyway I've been told by some people that price would be down to 1600 dollars, I'll be happy to buy some bitcoins at the cheaper price.

Volatility is great for traders, not so much for investors, investors prefer a slow growth rather than the wild swings we see once in a while but for the traders cryptocurrencies are like a dream come true, thy can earn as much as they possibly can with those pumps and dumps, and since crypto currencies are mostly unregulated markets then they can do anything they want without bad consequences.

It is a normal thing.

Price drop is a common thing in bitcoin.
When price goes down, it's only a matter of time till it goes up again.
And we as traders takes profit from it.
We should also focusing on the trend, is it uptrend or downtrend.

Of course it's normal. Why listen to some amateur on YouTube when you can just look at the graphs for yourself? Lots of cryptos go up 100%, down 25%, up 80%, down 30%. It's the nature of the beast. We're still so new and so volatile.

Great point. While the market has had a tough week or so, most coins are still on a massive uptrend YTD

The first think you need to learn if you want to survive in crypto space is that real investors re INCREDIBLY patient!

Knowing this, there s no point paying attention on day to day price change or even two weeks trend. Bitcoin and crypto is a long term game, just hold and you ll reach profit zone in a period of couple months, maybe a year.

Just don't become a weak hand and sell, in that case you lose 100%.

I already noticed but no one know but ee all know that sometimes the coins or cryptocurrency price in the market is always going up and down but we know that this time its really different because its ready go down a lot so its hard to unnoticed when you see your investment in a danger.

The problem is that Bitcoin can't be considered as that new. It is 8 years old as of now, and we expect some sort of stability to reflect in the exchange rates. There are a lot of cryptos which can go up or down 80% a week, but Bitcoin is not one of them.

Bitcoin is too strong cryptocurrencies it's impossible for it to fall with 80%, which i think it's a high percent. Even in the worst situations on in correction time it fall 20-25% no more. You said that 8 years is too much, I don't think that is too much for bitcoin, Now is the beginning of this crypto, don't panic and invest in it.

Every cryptocurrency and that includes bitcoin has its uptrend and downtrend. what the youtubers says is true. It is normal. haven't you watched the market this past few weeks? 

it has increased incredibly fast.  what comes fast will go fast but it doesn't mean it will really go down. based from what happens everytime situations like this comes, bitcoin will

rise in a slower rate going to much stable price.

This is not only true for investing in crypto, this is true of investing in general, in the world of stocks there is a great overturn of stocks because the traders get more commissions by doing that, but it has been proven that those that hold for the long term are the ones that really make profits in the long term, and the same strategy applies to crypto as well.

I think it's perfectly normal, this shows the sync of the virtual currency world, this is really a good signal, because all the virtual coins coexist in a bitcoin bubble...

Without fluctuating the course of bitcoin, there will be no movement ahead of him. Activity on the exchanges always increases when the rate of the crypto currency starts to jump. Therefore, I consider a certain downward trend reversal for bitcoin to be a common occurrence. The rate of a crypto currency is much more subject to fluctuation than a conventional currency because of the nature of the crypto currency itself.

As you said about downward trend it is happen in everything suppose if you start a business of shop. Some days you will have high demand some days you will have less demand like that bitcoin. If we promote bitcoin to everyone then we will see the price of bitcoin in $50,000 in a year if we are sharing blushed and just talking nothing here then the price of bitcoin will be remind constant.

The decline in bitcoin prices is something that can happen. Considering the bitcoin votality is unpredictable. It could be bitcoin prices up. Or even down. It can not be known. But according to economic law. A price is affected by demand and supplay. If it's a lot of demand it will make bitcoin go up. But if requests are few and many sell bitcoin it will make the bitcoin price down. And at times like this I suggest you buy it .. maybe a few days to come bitcoin prices will go up and you will benefit

although most of the time we examined good fluctuation in the price of bitcoin but the currency decrease is not a normal. it is because of the 1st August event, but i am sure that very soon the 1st August fear is going to finish very soon.

Yes indeed. The decline is so huge because of the panic selling going on. What if the august 1 happening is just a FUD?
I also agree on the primary post that it is a healthy market if the value is going up and down. That is a part of it. The only thing I can do is buy when its low and hold for a long time

Sweet Jeez you must be a total noob to crypto!

Yeah, what we're seeing is normal, but there's also the fork to consider.  The fork is throwing a monkey wrench into the works--no one knows exactly what's going to happen post-fork, so that's definitely affecting the price.  But you saw we just tanked to $1900 and rebounded.  That's almost a $1000 drop, right?  It's nausea-inducing, but relatively normal for crypto.  You should have been watching in 2013-14.  That was some crap right there.  And look, we're back, better than ever.  So if you believe in bitcoin, just hold it tight and don't let the bumpy road dissuade you from owning it.  You ought to keep a barf bag handy for months like this, though.  It's best not to keep watching the price, hard though that might be.

This is normal as the current price may fall and may high. Bitcoin has been known its votality price thats why most investors grab the opportunity to buy at dip, hold and wait for the price to increase. Yes, some got panic that cause for the dump but holding for now will earn profit in the future price will soaring high.

Indeed, one must be firm with bitcoin cyclone as it moves irrationally through the time. The ups and downs has to be there for bitcoin to push itself in the market. If downward movement comes then most of good investors know that it's a time to buy the bitcoin, so they invest and make it more sustainable value. Then the rest happens, upward movement.

I think the bitcoin price drop is reasonable because it could have influenced the development of the market, because I have not really what the effect of rising bitcoin prices rise.

I think the current price drop is related to the panic selling wave which is evolved under the pressure of 1 Aug event. However, there is no need to worry about it because we have seen such waves many times before and in fact, it is an opportunity for those who are willing to enter in the Bitcoins as they have a chance to buy Bitcoins in dips.

The price has held pretty well even if August 1 is just a day away. And in case a split happens, I think that would just affect the price a little, depending on how much support BCC gets. The ones who are selling must be the noobs or panic sellers who are a little uneasy about how things are going to unfold.

      I so much agree, nobody has any information what will really be happening in the next, and as far as I am concern mostly it is just normal when the price comes down the raises up, it is just that everything happens when there are updates or news regarding to an event or what will gonna be happen, like the current spreading news about this coming august. Let us just wait and see it ourselves what will happen.

Our wait will be iver tomorrow, we will see what us going to happen , whether our speculation is real. But i'm still hoping that the price won't fall big time.

People sell alts to buy BTC to able to get free BCC. However, this is a very poor decision cause you wont be able to get anything meaningful for you BCC, the price will be dumped to oblivion and it s highly questionable at what price you can get back into alts you sold.

Agreed with you, because nobody knows, bitcoin and altcoin have fallen before and they just recovered a few moments. Only someone who feels panicked they switch to investing in gold or bitcoin they make into fiat

yes here I am agree with you that dropping price is a process that is not a big deal it is called as crypto sphere it provides new users a chance to be in the bitcoin by buying low rates of the bitcoin and try to supply your bitcoin at the demand of the costumer it will be helpful for you to increase the price a bit more and it is no doubt profitable     

yes you are right the price of the bitcoin is increasing and a lot of people are now aware of the benefits of the bitcoin that is the reason bitcoin is growing very rapidly and the value and the worth of the bitcoin is also touching the heights now so it is very convenient and reliable bitcoin currency is the most famous currency for its easy way of use and approximate growth bitcoin is the number one and will always be number one.