Bitcoin Forum

December was very good but in January you lost your faith.
Give us some faith or it won't reach $20k.
Keep it going up people.  Show some confidence.

it's not unusual for bitcoin prices to drop dramatically after the new year,if my estimate for bitcoin rise is in next month, I think yesterday's year also so

Yea, people should cheer up. 10k is still a good ROI. It's better than many stocks out there. Nothing is lost.

i'm bored of you spamming this creep. go do it in another forum.

10k bitcoin and people are sad? look how freaking far we've come since a year or two back. the fact that the five figure level is proving to be a sticky one still amazes me.

Such a recession has repeatedly begun before. This is not the first time. And I conclude after every fall in the price of bitcoin necessarily rose in price to incredible heights. Therefore, it is necessary to wait a little

Why do you blame us people?

Yeah he is right, Another reason why you shouldn't be sad is because new user will be able to buy to test and to invest in Bitcoin. Price will change sooner or later just be glad that we are still seeing 5 figures compared last year january.

Because bitcoin reaches $20k last year, they think that it's price will always be like that. They should know that bitcoin doesn't stay at its high price if that's what they wanted. They should be aware that BTCs price is unstable and yes it may be $10k for now, but compare to other investment out there, I think it can still make good profit. And also we know that bitcoin will always recover, we just have to wait and be patient.

what's more to be doubted than bitcoin, the bitcoin is always like this you can learn charts from the trading graph you will understand it and there will be no doubt, here you are being tested if it is not strong then you will sell this actual loss no need to do, you should save it until the long time you will surely benefit all this is only a matter of time

I'm not sure why you're putting the blame on other people but if I may suggest that you do not panic. Like what others have said, $10k is still huge. I'm sure you remember January last year's value was barely $1k. So, that is a huge growth if you ask me.

Climbing price of Bitcoins against fiat is a great sign of people's interest in Bitcoin. But $10,000 was target for 2020 which was achieved by 2017. It means price will be skyrocket again in coming future. Many of new users are still in test phase of blockchain technology, more interest and implementation of decentralized technologies will take Bitcoin's price to certain height.

Over the past few years, we have always had doubts about the decline of bitcoin. It does not take much time to verify, just wait and trust. If you are a true investment trader, you will notice it. I believe bitcoin will return to the highest possible value.

People got a taste of $20k Bitcoins and have seem to forgotten it wasn't that long ago that we were sub-1$k.

Have patience.

regulation and the pressure that many banks are making against bitcoin

South Korea Intelligence Creates Task Force to Oversee Local Cryptocurrency Exchanges (https://cointelegraph.com/news/south-korea-intelligence-creates-task-force-to-oversee-local-cryptocurrency-exchanges)

Nordea Bank Forbids Workers From Owning Bitcoin: Denmark Unions Threaten Legal Action (https://cointelegraph.com/news/nordea-bank-forbids-workers-from-owning-bitcoin-denmark-unions-threaten-legal-action)

‘Regulate It Out of Existence’: Stiglitz And Swiss Bank Bash Bitcoin At Davos (https://cointelegraph.com/news/regulate-it-out-of-existence-stiglitz-and-swiss-bank-bash-bitcoin-at-davos)

UBS Chairman Warns Against Bitcoin For Main Street, Wants No Blame If Market Crashes (https://cointelegraph.com/news/ubs-chairman-warns-against-bitcoin-for-main-street-wants-no-blame-if-market-crashes)

Payment Processor Stripe Ends Support for Bitcoin, Hypes Altcoins (https://cointelegraph.com/news/payment-processor-stripe-ends-support-for-bitcoin-hypes-altcoins)

You can understand more by reading this well-summarized article: " What the FUD? Bitcoin Market Beset by January Woes (https://cointelegraph.com/news/what-the-fud-bitcoin-market-beset-by-january-woes) "

Yeah that is the spirit for a newbie.  ;D
Not all bashing and just losing their minds because it wont come back to the price they want.
Lucky for us, we still have a chance to buy at a price where it is still affordable. Unlike when it almost hit 20k dollars which is really hard to buy one because of the expensive rate.

Buy and HODL. This slow increase could be the cue for us to hold.

When you're new and you've come into an investment during an exciting time, you'll have this attitude.  Thinking it's a nonstop rollercoaster to MOON city.  That's not the way it works.  Considering our HUGE gains and the current climate, we're well positioned for another run soon.  It comes in waves.  Position yourself.

Stuck? It's been hovering around there for maybe a week, that's hardly an extended period. In fact even then we've seen it as high as 13k in the last week. You need to practice having a little patience and reign in your expectations, bitcoin will recover you just need to give it time.

Dude the people here barely move the market, trust me!
It's the whales and deep cash pockets you should talk to if you could.
The last 2 years were awesome. And since years january is known to be very weak month for Bitcoin.
Take it as it is right now and have patience.

Bitcoin will be cost more then 20k$. Need only wait a little time. Everything will be fine with BTC.

It's not in our hands, we're not controlling bitcoin price, we're regular people only here. We trust it and we trade it on the market, soon bitcoin will break its links and it will go up hard!

$10,000 is cheap coins as far as I’m concerned. Seriously if you think for a minute, who the hell doesn’t think we’ll see $50,000 at least per coin after the halving in 2020.

All it takes is a bit of investment now & a bit of patience to see almost 100% guaranteed setious profit in a few years.
If you don’t believe bitcoin will still be here & worth more in a few years then you might as well dumo your account & never return.

No point wasting your life on a forum if you won’t gain anything from it.

This is just part of its volatility in the market. The only thing that we can do is to hold and patiently wait for its value to again increase. This is a phenomena that we can't do nothing about. We can't blame those who are now worried because they are losing money at this moment and as an investor they will just do something to ensure that they won't lose that much which is to sell. Hopefully, things will be better for Bitcoin.

Weak hands need to be shaken out before we make new high.

Nothing wrong with people. Human minds were with fear, very few go forward with the mentality to risk. With the current price fall anyone will surely get into the dear, because the growth has been taking place in a sustained manner. Suddenly due to restrictions from government such a massive drop truly has impact on growth.

I don’t know why you are overreacting that much. I am still happy with the current proce of bitcoins. 10k$ is a really high amount we shoukd be happy with it instead of cuesing people for it and we all kmow that no one can be blamed for the price of bitcoins.

Go sleep you mood jumper. People were complaining about the price to be stuck at $14-$15k, and now the price is hovering between $10-$11k.... People should really stop bitching about the price to be stuck while this market can't justify to go up further than current levels. Faith means nothing in this market, cold hard money does. If you want people to show confidence, then start with it yourself and increase your position at current levels. It's funny how it's always those rookies complaining about the market being stuck or boring, while they keep missing out on perfect buying opportunities -- less talking and more action would be nice!

The price is moving up and down around 11K is the result of coinciding bad news and rumours about some governments banning cryptocurrencies and some others planning regulations, together with the high fees and long waiting times issues. Once this is solved with the implementation of the Lighting Network and people get over the FUD, bitcoin will increase again.

That's not how it works, apparently. It's not a matter of faith if you'd ask me, but rather business and what's better to do with the money generated in a year of successful trading. There are no known cause as to why this is happening, but then again, we're still in January and yet everyone is already complaining. You're a bad businessman if you made lots of money in an uncertain investment and stick all of your profits in it due to greed.

It's not up to us to decide what happens. I have confidence in bitcoin rising up from this correction but some whales obviously don't think the same and is shorting bitcoin or selling their stash right now, keeping the price down.

Bitcoin isn't 'stuck'. It's just that the few attempts that we've had of breaking out of $11k has been met by corrections. It seems like some actors has an interest of keeping the price down under $12k, and once we break that $12k number for good, we shall be on our way to $15k or even more in no time.

As I said, letting us know has no effect on the price. We're mainly just average joes holding our bitcoins through this. But I have no doubt that bitcoin will overcome this dump, it's just a matter of time right now.

You’re blaming the wrong people, OP. Chances are that if you’re on this forum, you’re genuinely interested in Bitcoin (sans the percentage of users that are here solely to make money from bounties...).

If you look at the last three years, you’ll see a common trend in mid January where the price dips. I personally think that this is due to everyone panic-selling after the holidays, coupled with the news from Asia. I’m actually glad that this shakeout happened. Just the fact that the price is still holding above 10k is great news for me. Much higher than what the prices were last year!

Don’t blame us people though. We’re generally owners of Bitcoin for the right reasons. Just sayin’

The Q1 reversal is very common due to tax selling and we have no choice on the matter.

I think this is quite a normal feeling with people who are new to bitcoin because they came at the all-time high price of bitcoin and now are worried because the price is going down.

But I just would like to point out that bitcoin has gone through much rough and winding road in the previous years compared to now and the true believer of bitcoins know this and resilient enough to continue to hold because even at current price, their bitcoin value is still high compared to last year and the previous years.

My point is if you are new to bitcoin, just don't be too emotional and get affected by the negative news against bitcoin - just believe and all will be well for sure in the coming years ahead ;)

This month, Bitcoin just suffered a dip because of some factors. Some government threatens to ban cryptocurrency exchanges in their country. There is also hacking on certain wallets. These scenarios are just enough to create fear to some bitcoin holder that they sold their stock resulting on the influx of supply in the market. But now things are getting stable.

The bitcoin's pricing has started appreciating and we should used this time to gather a good momentum for future price development. I think we are at time that is called price corrections and since we are in that time we should be looking at the bottom and if the bottom is form using one of the indicator to understand then we would then enter into the market.

After all, the price will not grow at a rapid pace. After reaching 20k $ there was a correction which is still in progress. A lot of people have lost it and now they are waiting what will happen. I think you will have to wait for the price increase to $ 20k few months.

Don't blame those people who already cash out their earnings as they also wait for that moment to sell out, we do have all our chances and with how the fluctuations works with this investment people who knows how to wait will earn a lot, don't worry about the current value as we will expect that it will grow again, earners are just enjoying their money and relaxing for a while waiting for another opportunity and grab those dumped coins coming out from the weak hands, better to understand the drill patience is the key factor that we always should have inside this business.

LOL the title of this thread literally made me laugh out loud. Are you like personally angry at the people on this forum, as if they are responsible for managing the price of bitcoin or something?

No, in December bitcoin started to dump and now in this time bitcoin is still better because day by day bitcoin price increase, but little bit. I think bitcoin take time and then the day will come when we will see bitcoin price come at $20000. In starting of 2017 bitcoin has no high price, in mid of 2017 bitcoin give us surprise by increased, then we should wait for mid of 2018.     

People didn't lose faith. It's just that too many bandwagoners joined in last december without really having any idea about what bitcoin and crypto is. And we're still seeing the market dusting off those people right now. And is 10k even a bad thing at this point? Better check your facts again dude :p

absolutely right, because bitcoin ever reach 20K so the people always thinking bitcoin at least can back to reach 20k and also the people have a big expectation if bitcoin will reach more than 20k. everyone want to get a lot of profit, it is a common thing but the market of bitcoin is always unpredictable.

yeah, and those people are the ones who most likely sell their coins even at a lower price because they really don't have the patience to hold and just expected too much before they bought bitcoin. This is very normal and expert traders who well know this scenario, just took advantage and profited in the process.

And for those people who panic and sell everything, its very a hard and expensive to learn. I'm sure that when they see the price movement in the last couple of days, they are now scratching their heads because they made one wrong decision. They thought that bitcoin will be on its downfall. lol.

So the dust have settled down, we are no longer stalling. Last 2 days we see bitcoin crossed $11K already. And for those who hodl, its our time to shine, but don't dump yet, this is just the beginning.

We may see bitcoin having a massive bull run if it touches and surpass $12K at the end of the month and the growth will continue to March-April. Exciting time ahead guys.