Bitcoin Forum

1 — Bitcoin jolted by regulation worries, tumbles 11% on extended sell-off

Bitcoin plummeted below $10,000 this week, half what it was worth at its peak, because investors are afraid regulators might clamp down on the volatile cryptocurrency. The price of bitcoin, the world’s biggest and best-known cryptocurrency, fell to as low as $9,500 on the Luxembourg-based Bitstamp exchange, the lowest since December 1. (Source: Fox Business)

Why this is important for your business:

As I write this – and for all I know – Bitcoin may have doubled in value.  But that’s the point. Digital currencies are absolutely the future and if you’re running a small business you need to pay close attention as to when you’ll start accepting these in some form.  But, given the extreme volatility of these assets that time is still far in the future.

Do you think bitcoin is really crashing?

Source: https://www.forbes.com/sites/quickerbettertech/2018/01/21/is-bitcoin-crashing-and-other-small-business-tech-news-this-week/#cd382fc2e1bd

It is crashing or correcting depending on how you define these terms, or how long you intend to invest. I believe the markets are waiting for the Lightning Network to be implemented. If it proves a success, the next target is 25 to 50k.

Is bitcoin crashing? The yes and no of thus question depends on us the bitcoiners. It does not require government help to execute bitcoin. Its crashing really depend on u

Bitcoin crashing? It depends on your point of view... compared to 2nd half of december, yes... in general, no... it's keeping a rage within 10k +/- which is not a crash. Crashing for me would be under 7k...

Yes it is crashing, from $20.000 to $6000 don't you think it is crashing? I think it is not done yet, it will crash to $5000 and can't rise for months. No profit for most people.

What $6000 are you talking about? As of right now, the price is $8400, and the overall trend over the past few days has been positive. I agree that what bitcoin experienced was a crash, but this may be the beginning of a recovery.

Bitcoin, I think, has caused a big drop because of national regulation and facebook's ban on ICO advertising.
Investors in the entire cryptocurrency market have lost confidence, but as countries' friendly policies toward bitcoin continue, the bitcoin will rise again.

Due to some risks in some countries it is closed in the current market. But it will be spent in a very short time. Hopefully, the validity of the Bitcoin usage will be verified and validated.

Welcome to crypto, the fast pace of the prices going up and down is crazy as compare to traditional markets. The crashing of bitcoin is actually a healthy correction after weeks of growing non stop since nov/dec 2017.

Two things:

1. I don't think bitcoin is crashing, I think it's just a minor correction after a near 100% recovery in under 2 weeks, expect it to be back up towards 12k in a week's time.

2. Volatility really shouldn't be a major concern for small businesses, they can accept cryptocurrencies but on a usd valuation and convert any crypto they receive in to usd (or whatever currency they use) instantly so as to negate any risk.

I don't think bitcoin has collapsed, it's just a normal adjustment. In the past few months, the price of bitcoin has risen so fast that it needs to stop and adjust in time. When the adjustment is over, it will soon return to normal and rise again.

Those could be "rich scammers" who are buying Bitcoin at $3000 and pushing the price up fraudently.

Look at $2 Billion scam in Indian banks last week. A billionaire and big companies did the scam.

No. Bitcoin always corrects itself by some amount after any large gain. The correction was bound to come after we jumped 4,000 dollars from 6k to 10k. Currently, bitcoin is back past 10k, so I don't see how so many people jumped to the conclusion of a crash.

I like how you added a statement that goes past whether or not bitcoin goes up or down after you post this. I agree that the volatility can move people away from the coin, but the volatility can work in favor of businesses. Furthermore, I believe that there can be coins created that have a much more stable price.

Apparently we are currently shaking out the weak hands and if that is true we should be almost done because alt prices are not much higher than they were in early December. I will wait for confirmation though before buying any alts, something I did not do last time in January :-\.

Here we go again with the same question...
 
When will you realize that volatility of bitcoin and the fact that crypto market is totally unregulated and susceptible to all kinds of manipulation or drama is what making price goes up or down?
Bitcoin is not crashing, the people are making it looks that way. Bitcoin rose too fast to $20k, no one expected it to happen in 2017. It is only natural that the price corrected itself.
Not to mention that the price has been influenced by additonal random negative news from Korea and India.

Just see back in the 2-3 year back when price of the one bitcoin was about 400$ then at that time change in price of 1 btc with 50-60$ was common thing , now in these days price is much high than what was in the history and now in that comparison price of bitcoin fluctuations by 100-300$ is very small % dump and pump , so why we are seeing this down as crash of the market of bitcoin .
But we should see it as a quality of the bitcoin that is giving us opportunity to buy at low price and then sell at small pump in the price .
And also if we will use word crash crash then surely I don't think it will be profitable for all cryptourrency users Because crash word will give negative impact on the market of bitcoin and also at the mentilty of the newbie bitcoiners and that will leads into panic and so may be  many people will try to sell their coin at same time and that will result into real crash of bitcoin market .

First thing first - I feel regulation is good for the markets as it ensures public confidence in exchanges and its use etc, so i think its purely FUD.

Its normal that bitcoin market is crashing as many people are trying to crash it with fake news and governments are banning/restricting bitcoins as well as other cryptocurrencies.  However, correcting process is also showing good results but seems like negative energy is more in the market than positive energy. Soon we will seen bitcoin going towards 40K+$ by the end of the year.

I remember bitcoin was less than $1000 a year ago, then hit $20K in December.
At that rate, this is entirely possible

More of a market correction for me. Crashing is when the price plummeted more than 40% which we witnessed in January and early February. But since then we bounce back above $11K and then when into another correction below $10K.

I guess everyone by now should embrace how the market moves. Its very volatile and just 1 negative news is enough to ripple and cause a lot of negative effect.

But then again, no one has really thought that around $20K is possible, but we did it last year. Maybe this year around, we might not gain that much, but I'm pretty sure that we can go touch a new all-time-high of above $20K.

I don't understand why people keep saying that a 10% drop is a crash, and that a 10% increase is an amazing bull run. People keep forgetting this is crypto, and that crypto markets are incredibly volatile. It's perfect normal to have these variation inside cryto markets, and this is just normal behavior right now. We had dips of 80% during these past years, but people keep comparing crypto to normal markets, but even in those normal markets, people seem to forget how volatile they were in the beginning as well.

Bitcoin might have around 10 years, but it's still in it's infancy. We keep hearing that, but everyone seems to forget it when they see 10% drops and increases in it's price. We still have low liquidity, and a lot of speculation because most people don't even know what BTC is. There is no reason to panic in my opinion, and if you look at bitcoin daily chart you would see that although those candles represent big moves (percentage wise), they look very healthy, and are quite similar to stock charts. Everything is fine with bitcoin, and there is no reason to worry.

So how will you describe its current rise back to 10k$? is it still crashing or appreciating? I think the value in figures of bitcoin remains the same no matter you describe it in fiat. In that sense i wouldn't say it crashed or has ever crashed but fluctuating as its associated with almost every currency or commodity on the stock exchange.

BTC has broken down, the good market is coming soon, BTC is now at the bottom of the price, hold your BTC for a long time, the good opportunity will come soon.

The entire cryptocurrency market is going through the market correction. it is not a big deal, it is absolutely normal for the market to go through correction as it will do recover over small period of time. 

its just that noobs to crypto are not used to such large corrections.

Bitcoin was pronounced dead many times, when ever bitcoin start to rise some group start to spread fud. Many people are not use to large fluctuations. I wouldn't call them correction, market moves in direction that demand and supply moves, and large whales have enough bitcoins to create situations where supply overcome demand.
Bitcoin is not crashing, bitcoin doesn't have corrections its just current state of public needs and wishes. Bitcoin popularity in last year attracted many new people, big whales used that. Now many people bought on top and they wait higher price, whales are satisfied and market is stable again. Wait for next train for ATH it will not come fast maybe but it will come.

Bitcoin will drop . I bet 4000 $ =1BTC

I don't think that BTC crashed. It's look like on crash classic bubble. But fall no be forever. Correction will end sooner or later and we will go up. Now I'm looking for what to buy among altcoins. Apart from the top 10 I liked the idea and practical application of the Siberian chervonets (SIBcoin). Good price and choice to get money.

You might have your answer too long from now. People will dump Bitcoin though not everyone knows when.

not really it have to be done faster than u think. This market is a full of "panic people" .

Until a regulatory framework for regulation of bitcoins and riptovality are created, these jumps and falls will continue.

Nope it's just a retracement needs to sit there for a long time just wait it will bounce back, Patience is the key for that buy an hodl so that you can harvest your profit after this bear market.

No one thinks that for real. Everyone just pretends that it is, so they can buy cheaper. Especially big players as banks, institutions and whales. Don't fall for the FUDs.

bitcoin does not crash, in my opinion this is a normal condition, bitcoin always decreases at the end and the beginning of the year.

many people are panicked because of this condition, so they prefer to sell it and some go for another altcoin.

I personally still keep bitcoin in my wallet, and I'm sure it's a good crashing to buy more bitcoins.

The drop from almost 20K to 6K was a major correction. It was needed until the bull run all the way to 20K in 2017. It happened too fast and needed to be corrected. 2017 was a crazy year. When 2017 started, some people's expectations were for BTC to finally get past the all time high of USD 1,216 from 2013 and instead it went from barely 1K in January 2017, to almost 20K in December, 2017. However, every bull run has a price correction ad if we look at past prices it took BTC almost 3 years (from 2014) to finally break the 1K mark again (so to me it makes sense for it to be struggling to get past the 10K mark right now).

Maybe 2018 won't see such a bull run, maybe it will make it past its previous record. In the meantime I am happy with the somewhat "stable" prices from the past couple weeks.

Don’t believe in any rumors about the crash of Bitcoin. Bitcoin is developing further. We don’t know the adequate price of this coins now. That’s why the price is fluctuated. Don’t be worried about BTC. It will survive.

Bitcoin has taken a deep dive in value and price, most people dint expect this to happen but it has, this is by no means a reflection that BTC is crashing, The market force can cause lots of instability in a market as volatile as the crypto market, and prices may take sudden and significant change but it by no means shows the end of a currency is near,. with the deep in price, BTC still remains the most valuable coin and will surely bounce back, stronger than before.

To be honest as of now bitcoin is crashing as you can see the price of bitcoin last year is amazing now the price of bitcoin is 9k dollars , but still increasing. I think our bitcoin is just warming up for the year 2018 , and don't worry bitcoin will increase again though.

I'm of the same opinion as you. Bitcoin will soon cost more than 20k. All because the interest in blochain has not died out, but on the contrary even more. But today I'm more worried not for Bitcoin, but for ALTs. On part of the funds I want to buy more altcoins.

I mean that dip has to be expectation specially when bitcoin reaches all-time-high and you will noticed that there are a lot of irrational buyers that time so it's just a matter of when we are going to see it. So it did happened beginning of the year and although we bottom at around $6K we have somewhat recovered.

However, there are people who's mentality is to see that bitcoin will grow on forever, No, the market doesn't work that way. It needs some correction along the way to be able to move further and grow exponentially.

It's true that Bitcoin has plummeted from 20K to 15K to10K to 6K. Many people would call that a crash. However, the price is increasing again and will soon reach 12K. After the G20 discussion on cryptocurrencies in March, the price may increase to 15K if the outcome is positive.

Bitcoin may experience a dramatic drop of its value upon entering 2018. But little by little Bitcoin strives to climb up the ladder to recover from the fall. But through the continuous support of Bitcoiners and promotions of it success will be attain. Never lose hope.

Bitcoin does surely manage to moved its price on the market where it has a form of maging it's price to have a better way of establishing where it only need to established the stock of Bitcoin and have a good manage the transactions. So technically Bitcoin does not experiencing crash it is just a process to help it's price or value to develop.

Now there are so many ways to earn money on crypto currency. I recommend investing in bitcoins

Bitcoin is the only currency without owner- no way some alt would top it and btc can only go up

From the last month, yes it is definitely crashing but this downfall is very normal, I think this is because of the high bitcoin price last december 2017, there are many sellers than buyers so the price is going down.

It's a major correction which has happened in the market, this is market cycle creating highs and lows. It doesn't mean it's crashing instead it's trying to give more momentum before it makes new highs again, that what I understand from this kind of volatility. We all know the volatility of crypto market and its higher than forex market as well. Patience will define fly reap profits in the long run.

Is Bitcoin Crashing? It might go down but eventually as days pass by it will go up bitcoin is never gonna be stable and no one really knows. bitcoin has been cost more than $20,000 and i think it is impossible for bitcoin to crash but as i have said bitcoins price might go down but eventually it will rise above just like what happen way back years ago.  ;D

Cryptocurrency is very fluctuating currency so its down and up.
the fast pace of the prices going up and down is crazy as compare to traditional markets. The crashing of bitcoin is actually a healthy correction after weeks of growing non stop since nov/dec 2017.

Bitcoin has been really successfull trough out the years that pass, though from that it has also its ups and downs, but we can say, bitcoin can crash but not that easy. bitcion can still rock the internet

Have anyone know that Bitcoin itself have "0" value. But user interest and demand takes bitcoins price to skyrocket. My own conclusion was bitcoin will hit $10000 by 2020. But its moves too fast.

According to current market price of Bitcoin and dominance of Bitcoins in global market, it will reach to new height in coming years, as more and more businesses, corporate, and individuals are moving towards decentralized technologies. So I don't think that Bitcoin is crashing rather I would like to say that its an exchange value correction phase of Bitcoin.