Bitcoin Forum

What happen to bitcoin? going down.
most of the coin going down. or just a correction.

 Any bad new happen to bitcoin.
yes, that's bitcoin. normal thing.

Relax,every bull run attracts the bears from coming in our market you just need to have some stoploss point to prevent big losses.

No idea what's going on with bitcoins but yes.. I do think that right now its going down..
The corrections are not something that happens 10 times in a period of time ... They happen once in a while and when we saw bitcoins recovering it again went down at a tremendous rate .. that's really sad though

Now the rate of going down is low but... Still it Shou halt after a while as investors and experts have predicted.

That's normal for free market, now bitcoin is down but it's not the end. There's still plenty of time to wait for the bitcoin to go up again, maybe you need a little patience.

this is a good sign there will be a massive bounce after this correction.

Whatever we want to call it, just relax.  Bitcoin is a sure thing.  It is jist fine and very normal that its price goes up and goes down.  But for sure, bitcoin is still the best and most trusted crypto in the entire crypto world.

The sky is falling.  Again.  :P

I was wondering the same thing earlier. And here I thought only bitcoin is in the red but lo and behold, a quick cmc check shows blood in the streets (Good thing I got out at about 16.2k$). In retrospect, this thing is familiar. It will bounce back again after the altcoin craze is done.

The bubble is bursting for all coins. Reality is setting in, these coins are worthless.

This is what I think is happening not just with the Bitcoin's price at the moment but also all other altcoins - Coinmarketcap decided to exclude "Bithumb" and other korean exchanges prices which are trading at a very high price compared to other exchanges and have a very huge volume about 32.37 % for ripple. As soon as this was done, the prices averaged to a low average making it look like a severe and sudden drop in price. Looking at this there's currently panic selling happening between different currencies in the market at the moment as people assumed it was a drop in price and they fear a bear run. If you want to see the volume just check - https://coinmarketcap.com/currencies/ripple/#markets and https://coinmarketcap.com/currencies/ethereum/#markets.

Nothing at all. Price go up and price go down. Then price go up and price go down.
It is always like this, I don't see anything extraordinary.
You didn't ask why when price jumped from 12K to 16K so why are you asking now?

Almost all the coins are down today. The market is red and the King itself is bleeding. This is just a correction as the charts are showing us.
A correction was needed as most of the top Altcoins were up and Bitcoin was stable around $16k. Correction gives the coin better chances to increase steadily. The history has shown us that whenever BTC went down it recovered the price with double speed and crossed all of its ATH.

just relax, bitcoin down just with bitcoin prices down we can buy a lot after a month to come not even a month I'm sure bitcoin up again.

If you panic at every minor dip, then you are not built for Crypto currencies and you should rather invest in something that are

less volatile, with lower risk. Bitcoin is a LONG-TERM / HIGH RISK investment. Once you get that, you will laugh at the short

term volatility. Stop watching the price, because it will make you crazy.  ;)

I do think that this is just a small correction and that we will see a new uptrend anytime soon. In crypto all is about patience. I will just hold throughout the whole year of 2018, and be very happy at the end of it. Im very confident that this will pay out!

I think this is a slight adjustment and you should not worry too much about the current price. For me if you fear you should sell to keep your capital. Personally I would buy more because I am sure the BTC price will increase in the next few days

 Its pretty normal, nothing to worry as major corrections are a part of the trend. No trend is there without pullbacks or correction.In crypto currencies, volatality is so high that correction percent is huge sometimes even 30% .I would always prefer to get in when pullback happens to reap some profits instead buying at highs. Thats the best way to multiply u r portfolios effortlessly.

bitcoin is not exactly going down! it is still fluctuating between two prices: $13000 and $15000 and yesterday it seemed (to me at least) that it was getting ready to break out and start the rally but it seems like it was soon so now a correction is needed here (back to $14k+) to go back up again afterwards.

altcoins are getting dumped because they need to get out of their bubbles and since every trader is seeing the bitcoin action is starting up they are dumping altcoins to switch to bitcoin now.

There's deflation and then there's inflation "this condition is usually called a fluctuations" and that is what happens with bitcoin at the moment. However, we must be optimistic that the bitcoin will be back skyrocketing in the coming weeks.

Yup it's kinda a bearish trend now but after the bear is gone we will see the bull coming back in no time! :)

There are lots of opinion regarding the current situation of btc. They say that the bubble popped, btc is dying, corrections, etc. But like most of the people here believe, this is mostly a correction from the unbelievably huge inflation of btc during the past month. It is quite normal and expected everytime unusual highs happen and it has been happening even before so there's no surprise for us who have seen/read about this scenarios in btc history. It's nothing major so we can sit back, relax and patiently wait for another bull run in an unexpected time. We just have to believe and have faith.

Something seriously happens is South korea exchanges , government is checking user accounts how much they invested in cryptocurrency and how much they earned in short period of time.

A bounce could occur at this level to push price up to at least 17000 USd Then Sell it and buy again at lower price. trading in bitcoin is always on higher risks

bitcoin when the bitcoin price correction will drop by a few percent, this is because bitcoin is too high and investors usually want to profit and sell it, but do not be afraid, bitcoin prices will go up and will be back at the pump after the time comes.

Right now it looks like a typical (for bitcoin) minor correction: drop from $17k to $14k and a quick bounce back to $15k.

Today it's hard to determine what is the major factor causing bitcoin to go down. Too much FUD are spreading and we would not know which is real or not.
But the great pump last year  too good to be true that is why we should not be surprised about it decreases drastically these days.
Let us just stay tuned and inform ourselves with real news that has real references and expect things to happen in the future.

Its a normal thing for bitcoin, way back then the sudden drop was always happening but actually regain it again after few weeks. This time, the drop is not actually because of the correction but because of the news spreading all around the forum and web. Due to Korea's attempt to ban crypto system, people made it panic and scared of their investment. This happens also when China did the same thing, but it actually regain its ever increasing value.

In the economic market, nothing is stable including prices. It obeys the law of gravity,except the market forces were influenced by certain key players. This will not be forever.

For me that is a reason for the collapse of the bitcoin price. the loss of bitcoin in south korea probably affected the price of bitcoin due to the fact. one more likely to be frightened by the fact that investors are also afraid that they may invest in it.

I wrote an answer here on January 9th, but I was wrong. Now the situation is completely different. It is not a correction, it is a crash and maybe trend reversal. It still does not mean that bitcoin is going to die or stay below the previous ATH forever. I believe there will be another pump and another ATH, but probably not this year. Probably it is going to be a bear market for months.

It might be a correction as what others believe about why almost all cryptos goes down. South Korea's move to ban cryptocurrency market could also be the culprit behind this recent falldown of the cryptos in the cryptoworld.

Bitcoin is not the only crypto currency that is currently going down, and I don’t believe this is a FUD related event making the market fall. Maybe it’s a bubble and it’s finally bursting.

Not for the fainthearted is the crypto world, you need to hang in there through all the dips unless you are brave enough to sell and then buy back when it gets lower, otherwise just holding is probably the best bet.

it's like an annual cycle,
The annual cycle is underway at this time,
stay calm, as bitcoin prices will rise again

I think it's a normal phenomenon, and I'm sure it will return to normal after a while, so don't worry, hold it patiently.

In actual it is the impact of the negative news , one of mine friend who is better to know better better updates about the bitcoin and another crypto , was telling that in Korea the government banned the Bitcoin and ATM also and that leads into negative impact for the future of the bitcoin .
So here I think people will needed to think long time to control over the negative impact and negative toward the future , so may be it will take for 1-2 month to gain in the price of the bitcoin .
So now take the patience and wait until the price get up for the bitcoin and then do what you want with the increase in the price of the bitcoin .
Here I would like to suggest you that see this dump in price as a opportunity to invest more to get profit soon .

This appears to be a correction which has happened in the past. Personally I am going to invest more at this reduced price.

This was due to South Korea leaving the crypto currencies world in which the Korean have no choice but to dump their coins or it will be no more value in their country as all of their local exchanges will be close down by their Prime Minister. But i think that's all of the Korean coins because market now is rising up so we can now move on without our Korean friends and i hope that you did not miss the opportunity to buy coins at the cheapest price.

bitcoin is unpredictable and that how it goes,the best thing out of it is the ability to coming up rapildly on top again

yes, this is a natural correction and recovery period. we know that bitcoin gets a massive blow at the end of 2017. and this has resulted in all altcoins also weakening.

One reason because of market correction and it is normal. But the other reasons are the FUD news that are spreading. JP Morgan and Mike Bell tells something negative about Bitcoin that it is scam. Also, news about banning of crypto exchange on South Korea is affecting the market.

This is just a correction. To be honest, I'm not even surprised. And i think this is just best for the crypto world. I even think that this is healthy and very needed after all that price hypes that happened on December last year. For me, This is a very good way to get rid of all those weak hearted panic sellers. Heck, I'd be more worried if this correction never really happened. So don't worry, this will pass. And the prices will eventually be back on track again sooner or later.

Yes now bitcoin is on correction, but without correction growth, such laws of the market is impossible. Here wins against patient, it is worth waiting and everything will change

It is very difficult to predict the current Bitcoin price, some issues continue to attack mainly from Asian countries. I can not predict and speculate with the price. I opted out and watched as I was sure the storm was coming to an end. :-[