Bitcoin Forum

I loved Dec. but now the bear cycle came down on us so fast like an elevator. So what does that mean for the near future are we taking the slower stairs back up for BTC?

I'm glad we had double-digit growth couple days ago, but now it's like so slow and not just busting through $9-$10k.. what the heck BTC.

What are your thoughts, elevator down and stairs up or not?

The price is at its most fundamental decided by confidence in bitcoin. When confidence begins to fall it can evaporate almost instantaneously and in order for that confidence to return it takes time. But when people do start to regain confidence it will again increase at an exponential rate. Some time is just needed before people are confident again that the crash is over.

As a investor you should always want stairs up. You need to understand that the "Elevator" of losses down for BTC was just because of the mad influx of money into bitcoin during the period where we had like 3 different forks and you saw BTC jump from 8k into 22k. It jumped up so quick that there was no real base on the mad influx that made it so easy to crash so hard. When it takes slower to rise and with a much lower percentage gain it will have the same lower percentage drop on the way down. (as all markets have peaks and valleys) As a investor who is in it for the long term on blockchain technology I would much rather see a much slower organic growth than "elevators" up any day. I hope you found this information useful!

Slow rise is best for sure as it shows organic growth more than hysteria which is what we want for Bitcoin. If you however, find yourself worried about BTC price a lot of the day it means a couple things

-you invested too much probably
-results orientated; focus on the tech not the results

I think it's normal for bitcoin to go down a little. Just imagine how much it went up last year, from $2,000 to it's ATH at $20,000. So, if you will just look at it, going down at $6,000 to $10,000 is not a bad thing at all. Bitcoin price will recover soon, because usually, bitcoin price goes down during during the first quarter of the year. What affects the price the most is the chain reaction of panic selling. Good thing that bitcoin price is starting to recover.

Wild price swings are common in markets that haven't fully matured yet and are still in their growth phase. If you compare the price of Bitcoin now to the price a few months ago, let alone a few years, we are still wildly profitable and on an upward trajectory. There are always small micro-events that occur and cause temporarily upswings and downswings as we have seen since December, but it is evident that crypto currency is the fastest growing new sector and has a lot of room for expansion. Once we see further market maturation such as more institutional traders moving into crypto and the average investor being able to effortlessly add crypto to their 401k and retirement plans we will see another drastic increase in price.

I'd take the stairs of increases any day, because if an investment shoots rapidly without any solid reason behind it, then there's a possibility that its rise is artificial and would come to a bitter end. The recent rise of bitcoin to almost $20k a piece is mixed with FOMO and Wall street money; the former comprised of mostly uneducated investors and the latter being the knowledgeable ones in the game. The result is what's expected, a fast crash from the whales selling plus worried investors that bought on the peak that just wants to prevent further losses. While the crash hurt many people in the process, the good thing is we established a higher floor and a good baseline that we can take off once the next bullish move begins. The events are quite unusual for traditional penny stocks/tradable assets, but in the crypto world, crazy roller coasters are the new norm.

I think Bitcoin should be as stable as it can be. As it can solve my problems in the market and Bitcoin was not actually designed to be A trading asset, if we see the current price and the price of a year ago you can see the difference in the price. At that time Bitcoin was barely at $1,000 but now it has closed even $9000. I will say it is normal for Bitcoin to go up and down like this .imagine what people have felt when Bitcoin has dropped from $1,000 to $200 with the mtgox exchange crashed.

It can be precisely said that bitcoin at the end of November last year had support of 7000 dollars. This means that it should not drop down much lower than this price. From the practice of the past years, it can be concluded that bitcoin in the late spring can again start a rapid rise. But before 2018  there have never been as many strokes from all sides on bitcoin. Bad news can significantly slow its growth.

Very true this bear cycle was not the biggest in terms of % lost was, and that is the important part to remember that we have come back and thrived when worse odds were against us, especially now that the Cftc wants to help us prosper. Let's believe the SEC comes around to believe and be as optimistic.

We are obviously being manipulated by Wall Street. How can you know that? Because the charts are looking almost like they were taken from the books. We're getting retracements to the levels from the beginning of the bull run in November with a very high volume and now we're seeing a gradual comeback to the mean.
I read some reports 3-4 weeks ago made by experienced stock traders and they were saying that the wall street funds will be pushing for a correction because when they were allowed to play BTC was already going up for weeks. The chances of a correction were far greater than the chances of it continuing upwards after a 500% rise. Now the situation has turned and the Wall Street money is flowing back in.

that I think it's natural, because every market there will always be ups and downs of prices, depending on how we want to respond.
not forever will go down continuously, the market will surely rise.

I prefer a slow climb for bitcoin but that doesn't matter since I can't control the price alone. We just have to deal with it and prepare ourselves for whatever happens with the price of bitcoin in the next following weeks or month.

At least the price isn't going down and is still sitting at $8,000 after hitting a lower point ($6,000+) few days ago.

Yeah it won't, the only question is when will the price turn the other way around.

For those starting out with BTC, this can be (or probably "is") a bothersome phase for them. However, the slow rise in BTC's value shows that there are some who still believe and are confident in it. Looking at past trends, this phase shouldn't be new to the community. BTC will eventually come to its normal pace, eventually.

Slow and steady wins the race and btc follows the fast pace every time it rises or it falls. Thus it is considered to be a highly or most volatile and considered to be most risky as you can make or loose your money quickly. Though it is better if the growth is stable and has a resistance at every level when it rises.

Elevator is concerned with the confidence, like you have said here. This is true, the reason is simple. Whenever people are getting profits from bitcoins, they start trusting it more and more for such exceptional profit ratios.

But when prices get down for any odd reason, they would be complaining and cursing bitcoins. So going up and down will definitely engage the confidence level of people in bitcoins accordingly.

Stairs are set for bitcoin to go up again to the $30k floor.
Bitcoin is on a bullish scenario this past days will see if its go up again after chinese new year.

last December, all time high bitcoin price was set, it just like riding an elevator when it's going up , expert says that drastic upswing of price result the massive selloff that cause also a drastic downswing due to supply and demand rule ,I'd rather select a gradual or using stairs like rising , in order to minimize weaky hands that cause for sellof

      

just calm the price will definitely go back up for the moment is likely because there is a negative issue and just because it is a china holiday that makes people in china and japan are pulling all the benefits they have to celebrate it.

In BTC market it is already understandable that the fluctuations occurs irregularly. This may varies from time to time. We can't predict either it goe s up slowly or goes down faster.  Volatility is clearly seen in crypto market. Let's just observe what will be the market flow right now.

Bitcoin's price is expected to fluctuate so I'm already expecting a slow increase after the dip recently. It might fall back down a little but I'm sure it will slowly increase back up with a little drop from time to time.

I think we have emergency exit that we can use, to go up, if you don't want to use the regular  stair or sometimes elevator is malfunctioning or something stuck with it, don't you think?

It's seasonal. At the end of spring, like last year and before last, we can expect a noticeable increase. In 2016 on May 26, in 2017 on May 16.

Its just not right that how we put the theory of bitcoin up front. Bitcoin needs time to make itself stand and go ahead of everything. The growth is sure shot for the bitcoin but time that it needs is very very high. We need to wait for the right opportunities, like getting everyones mind on the same page and everyones panic attack to vanish from the same page. If that happens then we can say bitcoin will start growing back with your so called elevator speed.  :D

If we don't understand the bitcoin in same way throughout the globe then there will up and down like the way we are experiencing today.

Before, I thought bitcoin is easy to manipulate, but now, I realize that its volatility makes it so hard to handle, the waiting is so much, the prediction is so hard to do, most likely my prediction goes wrong and end up wasting my money. Bitcoin really is so hard to work on, its down fall is so fast and the back up rise up is not easy. Need to wait real hard .

Yes, bitcoin volatility is very hard to predict but all you have to do is equip yourself with knowledge and latest chart updates. This is the risk you have to overcome if you want bigger profits. This is a challenging source of income but this will surely bring you financial stability if carried out well.

I also love the month of December this previous year but unfortunately, I didn't enjoy it a lot because I'm just a Member that time ~ meaning, I only earned much smaller amount of bitcoin on signature campaigns. And this 2018, btc is not in its optimum level which makes me sick but not bad at all since I already see some signs of recovery, I just hope it continues.

Though the current growth rate of btc is slower than before, I think it still favorable for us because btc is more stable comparing to the "instant high but instant drop" scenario happened before.

Superb advice. I was amazed by sudden jumps like (20% up in a day) and thought that most of the people are making money only by short term trading. With time I realized that the people really making good money with bitcoins are those that have a lot of patience. Before investing I only used to hear about the ups and now I also see the downs of same intensity (10-20%) in single day. Thus now I have changed my investment approach completely and I am not going to withdraw any money at all before some years.

We just need to relax and take easy dude, hold and continue your support to bitcoin. Most often elevators needs maintenance same with the price of bitcoin, the volatility is still a factor on the price that we had. Be patient this will take more time to ride a bull run as we need more investors to join the team to make it to the top.

Yes, just as the fists are retracted for better attack, Bitcoin's decline is also to squeeze out the bubble, better and faster rise.

   I am relaxed cause I bought at $3k, the ones who bought on top are now inpatient.
New tops will come, forum is full with speculations and discussions about when will
price recover and start to rise over previous all times high.
   Support Bitcoin with buying. I am doing that, my little amount does not mean much
but many of us can make a difference.
   If $9k is the new bottom I believe we all can be satisfied with what Bitcoin did until now,
that is higher bottom then ever before. New tops will come again, I support Bitcoin and
with buying I wish to secure my future somehow, that is my vision and in that I believe.
Relax and be patient is my motto since I joined Bitcoin club and nothing can change that.

It is just a normal thing that bitcoin price goes up and suddenly goes down and vise versa. It is the result  of bitcoin volatility. We cannot do anything about it but we only have to wait until it will rise again and recover from a big downfall of it's price. in every fall there is a chance to rise again just like a wheel of your car. So we need to wait and do not worry.   

Lol. Emergency exit being the conversion to fiat at that point when it was about to start the huge correction right? Emergency exits are always good at times like this and once the coast is clear, the house has been fully corrected, then we can then decide to get back in and take the stairs again and this time, newer floors have been added which we can decide to go check out if we want. Don't you think?  ;)

This elevator is really crazy and such a mess on this bitcoin value.
This statement is all true we can see the price of this coin using such ladder just to make it go to the top,
but before it can reach high there are people riding elevators just to make the value drop.
I hope everyone can appreciate the coin value, so once again we can witness the 20.000 USD mark soon.

Yes, I think that is what happening with bitcoin right now, bitcoin is going down so fast like riding in the elevator and when it comes to rising up, bitcoin is low like climbing the stairs. 

Bitcoin had an hype few weeks ago which made it to go to the level of 20K$ which was crazy, if we want bitcoin to go back to that levels I believe that the hype has to be created again.
We need a country or something like that to recognize bitcoin as a legal tender, I can't see that happen any time soon but we need a miracle in order to survive.
Anyway as a bitcoin long term believer, I am not so worried because I believe that the technology bitcoin provides is here to stay.

know what,if you back track bitcoin price you might find that we are lucky still having this price,though the holder like me feels little bit disappointed since wete losing big amounts.but we ate willing to wait and hold still.so for you guys if you havent lose big because of this price correction maybe better to speak more it only added some burden for the investors and holders

It is just a healthy correction for a young year, we need to be patient. All things are planned and it will go to the moon.

In my opinion, it is better to thread lightly and rise gradually for BTC price rather than a parabolic move. More investors and corporations will likely be attracted to BTC for long term investment. It is very likely that they are preparing and anticipating this correction to happen so that they may be able to buy more at a much cheaper price.

No matter what the status of the Bitcoin is now, I suggest just be patient and think of your investments as a time deposit, I am pretty sure sometime the cryptomarket will get back on its tracks just like before. So just hold those Bitcoins!

Down like elevator and rising up stairs :) I like this comparison. This is what the bitcoin diagram is :)
 some people ask "is it too late" so this diagram an opportunity for beginners. But always be careful firstly try with little money

You need to learn something and that is 'Patience '
It's really not done ... We cannot support it only when the time is good ... When the stakes are on the platter and you need to see... You only tend to see the positive side but you should remember that ... We have 2 sides of any coin and thus what you are doing is not at all done .. because at those bad times you need to support Bitcoins..

Things really won't go according to your expectation since Bitcoin market is really unpredictable and all we have to do is just to follow where it is heading. Most of the bad news are carrying the Bitcoin price down and it is not pulling back again but when there is a good news it tends to rise up again. I think that the news about of Bitcoin did a little help in order to know the next price range of Bitcoin.

Yes it can be true to start with the small amount of but for me I am confident a lot to invest form high amount of profit to the end, if the stairs are taking you high it means it has the potential it can give you money and savings, but you will have to be confidence no matter how the bitcoin is going right now just buy the bitcoin and hold for the long time so it will give you profit, hold it and be very fast earner,,, as it was low a few month ago but now gradually it is increasing so buy now at this moment.

the market has been falling for quite some time, but it will not last forever and will soon be over

I would not even say this growth has been short, because it has been a fast one and back then when the whole thing started, no one could have thought we would have gotten to this stage this fast. Waiting for the right opportunity is a good thing, considering we have a long way to still go anyway and the future is bright as well, so at the end of the day, once the elevator is down, we should always expect a re-fix that would get things back in shape and a lovely ride back to the top.

It is greedy of we want the price of bitcoin to be an elevator and never expect the fast money always by investing on bitcoin.I think the slow and steady increase is the best and it will attract more users if the price increasing too fast then it will create panic situation of bubble among investors.So let's take the stairs and have stable profits. :D

It is going to be a slower one.
Actually happening right now, I dont see that fast climb happening again.
There might be some error that happened with that before, that until now cannot be seen.

I always prefer the slower movement, it wont fall like what we saw last end of the year.

Bitcoin market getting mixed up with a lot of FUDs lately plus big sell offs i think this bear market will atleast stay like another minimum of 4 months, i don't see bitcoin recovering soon, bears can't be stopped right now and they are dominating the crypto market right now, by the right time when bullish news comes and people are starting to invest in bitcoin we can finally see a surging price but the only question for that will be when is that.

But isn't that always the case? Getting to the top takes a lot of effort and hard work but when things start spiralling downwards is a free fall.

Remember that Bitcoin also had a very rapid rise from $10,000 to $20,000 in something like a month. That was like an elevator up. We’ll see these rapid increases and crashes every few years but sometimes there are more gradual sustained periods of growth. These are probably more healthy for the growth of Bitcoin, but the nature of human emotion combined with supply and demand, causes volatility.

People were saying the same thing back in 2014. BTC is repeating the same pattern every 2 years. A fast climb, short fall to half if the previous value, rebound and stabilization around 40% ATH, a couple months of bear market where people finally get it in their heads that the coin is not dying, another push upwards to ATH. And a funny thing is that every time this happens people react the same way like it was going to be the end of the world :D

The volatility in bitcoin make it very difficult for us to properly analyse it future growth because we can not really know what will happen next and the only thing we can do is to help bitcoin gain more popularity in other to increase it demands and at the end see a price rise.

At this point in time, I think the downside of bitcoin is a good trend for the entire cryptocurrency market because when bitcoin drops deep it may be about $ 4k5 then that is where many new investors can enter the market. It offers a huge supply for the crypto market. This will allow the entire cryptocurrency market to have stronger momentum for growth as most investors use bitcoin to trade with other altcoins.

You are not the one who have really enjoyed the December madness. Everyone made tons of money that time and it was a frenzy. Sadly though, three months have passed and we are still in this bearish trend and we don't know when its gonna end.

As the date of your writing, you mentioned that we are around $9K-$10K. But now it looks like we are heading to $8K. Ouch!!!. I can't really imagine what's going on, and all we can do is just hope and hold. Hope that we can see another bullish run, so just continue to hold.

Will for me in my observation they are both on stair. They are slowly go up and down. But i think its depend on the crypto market. Because not all time its same.

Slowly but surely hopefully. Bitcoin is keep on dumping and I think its really have for btc to go up faster, we need more time for this be patient because this time it may take more months before it go back to 12k level.

Yes Elevators down ad up for bitcoin it's part of the market. We can't predict what would happen to the price but i know bitcoin will be on a massive adoption. Future will tells us when this will be happen again.

You right bitcoin falling down just like elevator from december last year to now and if rising it just like stairs but don't be afraid of taking stairs because it is same what happening last year that it falling down also like elevator but in the month of december it also rising like elevator so that wait for the rising and we hope happening again like last year and reach the value what they are saying and speculation.

December was lovely for everyone I guess but it made harm to the whole market because the coins changed hands from strong to weak hands and the strong hands seem that want the price down again to collect from bottom

That's how things seems to be working in the cryptoworld 24/7. Don't expect a constant spike of prices or a constant down. It's a constant rise and fall because of the volatility of the cryptocurrencies.

It is normal for us to see the slow increase before we end up seeing the huge one anyway. I am very optimistic that bitcoin really have a long way to go, so this one is a test of the bottom and it seems we really found the bottom which was not bad enough and has given a whole lot of us the chance to get in better at a good value compared to the top. After all this correction, I expect that we are going to see bitcoin back better and stronger.

It will be a good idea, that this correction as well the bannings will be a good thing to enhance crypto as well to see if such coin is capable;e to stood still, since if they survive at this drops then they are worth it.

Yeah, it is a lot seasonal and most times we cannot just avoid getting to see this. I know it can be a lot crazy anyway, but we cannot expect the market to just keep going the way we please most of the time but if we can use the ones we have to our advantage, we can always make the best from it. Markets are always bound to switch trends, so it is left for us, to blend in with the trend.

I like the idea of the emergency exit a lot and I have always loves this whenever we are about to enter the bear trend. It saves a lot and you tend to gain a lot. When people are getting choked in the elevator on the way down, you already took the stairs and out of the building until everything gets resolved, you come back and easily take the elevators back up. I love your analogy bro!

Indeed a few days ago it was a pretty complicated matter to quickly ride the elevator up and bitcoin pick an alternate path like climbing a ladder slowly rising little by little rather than not riding at all, I think this is a bitcoin trip to perfection as it runs little by little and certainty to keep going up.

Elevator down and upstairs means you are referring to downtrend and yes i agree here in a downtrend this is how the trend goes on here the down move starts with high volatility and force and it takes minimum days to reach the bottom and once the bottom been formed then it takes number of days to form the lower high.Yes, we are taking the slower stairs back up for Btc and now we can expect to see the bottom formation soon if now the market is making under a bottom formation which comes after the downtrend ends.

The situation with bitcoin will clear after the G20 summit, which will be held on March 18. If there is favorable news for investors, then we will see good growth.

I agree, definitely elevator down and stairs up for Bitcoins. But I don't think the slow growth is the issue here. I believe the rapid fall is the trouble. My thoughts is, Bitcoin doesn't need to be high, it need to be stable.

Price of bitcoin is unpredictable it goes up and down and that is normal with bitcoin, we are the one responsible with our bitcoin when its price is low we can hold it and wait for the time its price will go up.

People should know from the starts that bitcoin is ups and down. It is depends on a person on how he can manage his btc whether to hold and sell in everytime it was in down trend. Holding in the latter end may give a good profit as price of btc will increase.

I think that stair case is much better as it might help bitcoin price to be a little bit more stable than elevator as sudden rise and fall is not always good for bitcoin.

How much did you invest in the crypto currency? You should have an investment in investments with which you will sleep peacefully at night. I think it makes no difference what is happening now at the crypto currency market, the main thing is that the market will recover in the future.

These price drops and increases are just normal in a crypto coin and don't be too confused about the meaning of those because it's just part of the system. What we must worried would be the coming last quarter of this year because that's the time where you must make decisions to your coins, unlike the other quarter of the year last quarter will be the most awaited quarter because of the possibility of crypto market specifically Bitcoin to go up as high as possible.

You never know about the crypto market. However in my views, the coin can see another low in the coming time but will then pick up ita speed leading to good profit gains in the future as the coin is highly volatile. Also, having a market capital of $130 billion, the coin has great potential to increase its value in the future and with its development team behind it, the coin can also head towards being a mainstream currency. It is a good coin to invest in for the future overall.

Did you even reason about what you posted here? Have you checked your chart to see what happened in 2017? It took us months before the price of Bitcoin went for the bull run. Right from January, February and so on, the price was being kinda stable and wasn’t making much increase or decrease and was so slow just like it is now till we reached the month of October, and the main run up was on December. So what are you complaining for, why not wait till December this year and see what happens?

I do not know why a lot of people are complaining about the price of Bitcoin these days. If we will be comparing the price of Bitcoin to it's past prices like last year, Bitcoin's price is not that high as it is right now. Bitcoin and other crypto currencies are volatile and no one can predict the price to where it is going but all we know is that the price of Bitcoin comparing to it's ATH last December is low and there is no other way for it but to go higher or be stable

There are no elevator going down anymore.
we are using the ladder and stairs going up.
this is not fast but better than before.
i can see a good future of 2018 here.

Agree with your comments. The elevator is starting to go up during this time. It seems that the market is pumping a lot when it comes to the end of the year. It is likely that bitcoin prices will rise sharply in 2018

We are still in the bearish trend but its good that bitcoin is slowly recovering in the last 48 hours. But its still a long way to go for that 5 digits again but at least we have seen it bouncing back and maybe preparing for a break out run. July seems to be a good month for us and again this perhaps is a good sign that we might see the price goes to $10K-$15K in the next couple of months so stay tune.

There are better signals for this market in July.  Let's look at the growth of the market.  It may be a slow but steady growth

Such a rise as before, we will not see, so you can not invest heavily in bitcoin.  But other currencies can still grow quite well.

Typical year for cryptocurrency. Which would be the same for the last 2-3 years movement. Not really sure if we will go to another all time high this year but after last year's "sugar rush" around Nov and Dec I got to admit I'm quite skeptical. Hoping for the best.

We all know that cryptocurrency is unpredictable ,if you have enough knowledge about it then you will not keep complaining about the ups and downs of the price, just believe the technology behind it,ofcourse stairs up for bitcoin,

I think that soike is hust a fluke i the market. It's too much of an increase in its whole record of trends for the better part of the decade. Combine a new year and two countries banning crypto currencies, i think the dip is understandable. If you actually take out the spike, the trend is as expected in the crypto currency scale. I think this bear market will end by the fourth quarter for sure.

Well i guess to elevator reach the limit of goinng down and its time now to take the stairs to go up. Fast to go down the price of btc and slowly going up, it is a new time again for the rise btc value.

November and December was the best time for bitcoin,it had skyrocketed and already become a history,if this bermonths bitcoins price would start to fluctuate then most probably it is preparing for the next bull run that we all must witness.

We are again a few months with this so called ber months, and last year we saw a significant growth and almost getting to the $20,000 range. However, last year was a different because there's so many positive news that really push the boundaries and no one has really expected that the price could move from $700>>> $19,000 in about a year. But at the start of the year, we went under the bears claw and up to know has been struggling to even go to the 5 digit mark. I'm very bullish about bitcoin, but I got this hunch that bitcoin will not be able to record another all-time-high because of so much pressure from the government around the world.

This is the scenario of the market coin price value, the bear market fall is very fast going down like elevator moving fast, and the market rising up to the top is like walking up in stairway, this is what happenning to the price value of the bitcoin in the market cap now.

Yeah! the idea of confidence in doing bitcoin is very important. It might be an asset for you to be successful but if you have perseverance for sure you will be able to achieve the most interesting part it is gaining profit in every bounties you have joined. As far as I know it is a challenge for us if we are really determimed to the responsibility.

I'm not an expert on the matter, but with recent news from the governing regulatory bodies around the world concerning crypto currencies, prices once seen on the market as inflated, will begin to dissipate, eventually finding a stabilization point.
It may take time to climb back up the hill again after a fall.

I guess that's a common perspective by most of the traders, but for me I am still eager to witness bitcoin to soar up higher probably tomorrow or few hours to go. The surprising and mysterious character of bitcoin gave me courage to face the current circumstances I had in life, due to the dip value of digital currencies. All I can say is prepare for the incoming bull and always trust bitcoin, because it provides us much sustainable profit if we remain calm all the time.

We can't say as of now because until now crypto market is always changing the price it goes down and bounce again to high price. I'm hoping that everything will be done and all coins will rise up again.

Lets see it  is still just 6600$  level but together with good volume so positive

 I like a way how price of bitcoin is rising slow and steady like step by step.There is no rapid increase green candle and than sell to fake buy wall but just slow increase
we will have important first 6800$ than i hope 7200$ if btc will break 7200$ than price will be lifted to 8500$ i think

we still have the time almost 6 months until the end of year and if the market condition continue go up even it just a few percent in one day but I optimist we can arrive at the highest price like before or may be this year will be better than last year. I believe there is no more down like elevator because we know crypto market will always recover .

it was obvious that this sudden and unexpected rise would have a fall, furthermore a bad fall which would affect the whole market. Unfourtunately I knew this but didn`t act to cash out all my coins because of a greed.

In btc it is just normal price went down and up so you must have the firm decisions on this matter. Even when elevator down and stairs up the most claims it is not forever down so price can be in good position. We can see a rapid increase we do not know when but it can happen.

Even it seems to go up little by little we have new hope that it really doing well and step by step give us possibility for tomorrow. It is normal to rise and down because there is an opportunity in both side and take it positively because it can give us good right back. When the elevator stop you can take a step to move away from it either.

Anyone that has been here for some time already knew what was happening, it was impossible to maintain the price of 20k for each coin, the price needed to go down and it did but a big problem is that after the crash people do not trust the price is going to recover because they are nervous the price will keep crashing, but even if you knew what was going to happen it was very difficult to sell when we saw the price climbing upwards every day.

The price is faster going down than it is going up and due to parabolic rise of bitcoin last December which is not sustainable because many people would later on take profits, it would obviously fall but then some would still hold on to their coins hoping for a climb up. If you are in it for the long term then it is just okay to hold on and maybe if you have more funds then you can average down but if you are just hoping for quick profits and bought near all time high then the downtrend is a pain then. One should have cut loss early.

Do you the benefit of rising through the stairs ? The rise will be much more stable and everyone will be confident that the price will not fall further. There will be a lot of support and volume and this will make sure the bitcoin rise will be much stable and greater this time around.

I think because of the price almost stable in $6,000 to $7,000 USD a couple months ago until now we described the situation of bitcoin like walking at ordinary ladder that's my observation but because of sometimes it is color green it might be a sign to the price growing slightly up. 

I think we need to build a strong foundation of knowledge and proper attitude to be guided and be more productive. We have to keep oursleves ready that risks are part of the game and what's important is that we learn from every experience. Bitcoin has ups and downs, but I believe it can still potentially get back on track.

From reading all of those topics, I have learnt one precious thing, that all the events on the market, whether it would be overall growth or significant fall, largest cycling one after another. There's no need to be worried.

The market is volatile so you should always expect some drastic changes in the price, the only problem is your patience because most of the people in the market are losing their profit due to panicking.

The market is different every day. So nobody can tell you the truth about the price on the next day. You must believe in the stairs up for BTC and work with it every day. Waiting and holding for the best price is a good strategy. I think that 2019 will be a good year for the crypto.



Panic causes the elevator to go down quick while the rise of bitcoin now is really at stairs as many people, mostly beginners are still having doubt about it.


Whales are the luckiest guy in crypto as they are to maximize their profit with the panic time of the holders. As soon as Chinese New Year ended we will see an elevator with nitro. South Korean prime minister admit that he said before is just a speculation and will not end exchanges and crypto currency to their country.

The market is always like that sometimes it might fall or up the prices, it depends how the people respond about it. its better to rise than rise as fast elevator then after that it will downfall like a fallen stone.

It is completely ok to bitcoin to go up and down,  all those fluctuations need to make us calm, because much worse would be if bitcoin would keep the total stability, trailers would be dead then, lol.

Yeah the price will grow like stairs upwards. The growth will be normal and there will be no big pump in the price. Corrections will also be there but huge dip will not occur again. I think that today’s price is not bad and there is nothing to worry about it. Just hold on your coins for some time and don’t be panic about the slow growing price. Slow and steady wins the race.

I think this elevator/stairs type of bitcoin value in the marketplace is only temporary its like season there's a time that it really up and there's time down depending on the flow of situation and the movement of current in each country..so all we can do is wait patiently and expect that it will return again to what we expect it to happen.

This is exactly what is happening now because bitcoin do take 80%  down  and 20% up and that is sign that the bearish market is really and the buying power is seriously down.  Many are ready to sell below the current price and that is were the really problems is.

Indeed with problems like this make the majority of traders to be worried when the exchange rate actually dropped continuously so just the patience they show to anticipate the loss and reduce the fear when investing in the future.

The market prices are volatile because people are still confused due to different speculations that are always coming out that is created by crypto analyst, not everyone has the courage to invest so the market is fluctuating.

That is how a bear market looks like. The same way the price was going so fast up last year with just very little retrace on the way down, it is the same way the price is going down faster than it is going up right now. Nothing is guaranteed yet when it comes to recovery, but the chances of downward movement is really higher than what anyone would imagine.

Probably, this year would totally be the years of the bears and some little uptrend in between, but if we are to even see the possibility of any new ATH, that would be in the next year or even next.

It is okay, no need to be worried, just see this topic of our, from 2013 saying, why does people still buying BTC, because they were dissapointed already in 2013, then peak in 2017, all things are cyclic here.

It is not only btc but also stock market behaves in this fashion that fall is quickly and rise takes time. The fall is more bad because we have so many panic sellers who do not want to sell but due to pressure or seeing others are selling they also start selling which result in the more fall.

Price of bitcoin is volatile it goes down then up and we can't predict what will happen next so it's better to hold your coins and believe that in the future Bitcoin will recover and rise again.

I have to disagree with the OP, during the last bull run it took less than a month for bitcoin to double up from $10k to 20k. Equally it got dumped at the same speed so ele up and ele down. Now it's the staircase up so we need to be patient

I would rather take the stairs going up than to take elevator and dump so fast. This market moves slowly and hopefully its surely, don't rush it Just buy more bitcoin as we take the stairs going up soon we will reach the top again and of course bear market will still happen.

The nice mind of the real situation. I agree with use it if you want to invest you need to start only about $100. It is not big money and you can start crypto in all.

People are even optimistic about the current year as well. Look at the recovery in the last few days. We have had a recovery of more than $700 in the market values. This shows that Bitcoin will not fall below $6000 and would rather rise.

So yes holding the coins right now can enable you to claim a rise in the marginal profit of your coins till the start of December and may be soon before that. The market is highly unpredictable.

Right, as this is what is going to end up guiding a lot of people as to how they should perceive the market most of the time. When the market is moving up, a lot of people get greedy, dive into FOMO and expect to get rich overnight and when it is going down, they complain and rather than taking the advantage of buying lower for the long term, they condemn bitcoin and even say it is dead. It is just funny people do not learn and the fact that a lot of people concentrate more on the short term of getting rich quick than the long term value btc creates, it blurs their perspective to make good decisions.

The market is volatile because it was depending to supply and demand as well as different news and speculations coming from professional traders which is actually affecting different traders in the market.

Its normal for the prices today to fluctuate because not every people can handle their patience on crypto, some of the traders are just investing on the market because of hype and not because they are well knowledgeable.

I am here for the long term so for me it was not an option to sell my bitcoin even at those high prices, at least I still have profits unlike many people that invested in the last months, but the reason I did not sold my bitcoin despite the attractive prices is that I am aiming for an higher price and I'm not selling until that day comes some may say that I'm too stubborn but I have a plan and I'm going to follow it.

many people invest in crypto because they see that the price are so high and getting disapointed when the price decrease very fast,  but the truth is we need to have a knowledge for what we may enter because crypto is not just simple thing, we need to study it very well so we avoid lost our money.

We should accept the fact that there is no constant in this world. Changes occur in everything and everytime. Maybe, we see bitcoin as a good earning last days but it will change tomorrow. Bear cycle affects much of investors, from ICO investment up to the price of cryptocurrency. But again, it will not become constant because bull run period will come. Let us just wait and cherish the moment of a bear cycle period. Just buy and hold!

Yeah your right bitcoin pump slow just like a stair but when its dump its like a elevetor from top to bottom. I also love december because of christmas and all currenct is pumping on that day

That's a really great analogy. I think it's going to be a roller coaster up and down in the coming year.

I think As a long-term investor on blockchain technology, I prefer to see organic growth much slower than "elevators" every day. I hope you find this information helpful!
As an investor, you should always go up the stairs. You need to understand that the "Elevator" loss goes down to BTC just because of the insane cash inflow to bitcoin during the period in which we have like 3 different forks and you see BTC jump from 8k to 22k. The jump is so fast that there is no real basis for the crazy stream that makes it so easy to fall hard. When it takes slower to climb and with a much lower percentage of profits it will have the same lower percentage decrease on the way down.

This isn’t new thing. Bitcoin is always like this and it will continue to be like it. There always have been pumps and dumps. So don’t just worry bitcoin always handle such dumps very well? Whenever prices started losing their extreme top, people start panicking and they sell their coins at such place where they find huge losses but somehow their trust on bitcoin start leaking.

The volatility in bitcoin make it very tough for us to correctly analyse it future boom due to the fact we cannot clearly understand what's going to happen subsequent and the handiest thing we are able to do is to help bitcoin gain greater popularity in different to boom it needs and at the stop see a charge upward push.

It is so good to look from the future when you have already lived all the ups and downs, but you need to understand how to operate in the current recent times, when bitcoin is also falling.

I think it's quite logical that the price goes down. At the moment the holiday season is underway, people are trying to relax somewhere. Therefore, the price went down. And since the beginning of December, I think the price will go up abruptly)

Bitcoin has grown so fast for a long time, and it's like a bubble, so it floats when it's too high. Now the market is adjusting itself to reasonably rebalancing the values so do not worry. Let's wait for Bitcoin's bull run and the last few months of the year.

Bitcoin's price is expected to fluctuate so I'm already expecting a slow increase after the dip recently.

Slow rise is best for sure as it shows organic growth more than hysteria which is what we want for Bitcoin. If you however, find yourself worried about BTC price a lot of the day it means a couple things

I also believe in the recovery of the market recently and that is a positive signal to hope the cryptocurrency market will increase strongly in Q4 this year.

were only on our half year now,meaning many things might happen without our knowledge so dont get negatively that fast

Bitcoin delivered us great price last December and for those who did not trapped or for those didnt buy coins ATH ,there is no problem instead its their time to celebrate and take advantage to buy as many as they can before the recovery begun to takes place

Yeah it looks like we are having an elevator when market price for bitcoin going to fall down but having a stairs to raise its market price. Well this is cryptocurrency and we could not control its market price unless we have a huge money to play with it but i bet those huge investors will sometimes get a loss of their money also.

Bull market will come soon, we must just be patient. Bitcoin and all other cryptocurrency had suffered from a lot of bear market before some even lasted for years and yet cryptocurrency price increased through out the year as time goes by. If we are patient enough and wait for mass adaptation, which is slowly happening, price will go up gradually.

I also believe that the market will recover sooner or later, but this period is very difficult to survive and look every day at how coin prices go down. But you correctly said that patience is the way to success, for this I will adhere to this rule)

I think if conditions are down like this you better buy as much coin as you can and take advantage of this good moment to be able to look for very much advantage of bitcoin.

In my opinion the price of bitcoin is normal and there is nothing wrong with it. The price will grow gradually with the passage of time. Don’t be hurry for big bump in the price again. The first one was not according to the market cap and that’s why was corrected. Not it is on the track and will increase according to investment cap. Don’t be panic and be cool.

From what I have understood myself, why bitcoin is always fluctuating up and down there is no need to be worried too much because after every fall usually goes the uprising process, sometimes we just need to wait for a little bit more.

I think the price of bitcoin is not too different from altcoin and I'm calling it a shit coin. As you can see the bitcoin price increased by 12% in just one hour, actually I do not want that.

I'm so worry a bout that. I like the way it grows slowly and has time to adjust and see the lightning chart

It's sad that you can not break out of bitcoin in the moment it's worth the most. But I believe that this year is the year of crytocurrency and soon there will be a rocket going so bitcoin rather than an elevator so people like it

To work with bitcoin and market and hold you need to have some knowledge about the structure and how it works. I personally first of all study the system and only said invest and work with it.

What about the previous year? I wonder why everyone wants rocket speed growth in the price. This is crypto and for investment in it you should be patient and cool. Impatient and emotional people cannot make money from bitcoin because they cannot wait for long. Every investor wants that the price should be $50000 tomorrow and they make thousands of dollars.

Right now bitcoin is growing significantly than the others, i believe bitcoin showing good trend like a last year, and also i do think altcoins will going up too after bitcoin bull run start.

I think that the op want to say that when the bitcoin price start increasing it take a lot of time to reach to a certain price, but when its price start decreasing then it reach to the bottom in no time. I think that it is a fact and it is only because of the panic selling of the immature investors and traders.

The current BTC price is hard to predict, so keep holding until you reach a reasonable price and you sell it for profit.

Well true that it is an elevator down, but we are now on not stairs up but it is on excallator up now with its going, atleast we are now on green. hurray hoping to be elevator up one of this days. 

I think we have different understanding about what others are saying but we all have the same understanding about what is always happening with bitcoin and what causes it to drops drastically.

Stairs up and elevator down means you are alluding to downtrend and yes I concur here in a downtrend this is the way the pattern goes ahead here the down move begins with high instability and power and it takes least days to achieve the base and once the base been framed then it takes number of days to shape the lower high.Yes, we are taking the slower stairs move down for Btc and now we can hope to see the base development soon if now the market is making under a base arrangement which comes after the downtrend closes.

It looks like that would be the scenario as fast as the elevator when it drops and it is like climbing up the stairs when it rises up. We already had an experienced on this last April or May I think when bitcoin was around $8-9K and there was a time when it almost hit the $10K mark. Right after before reaching $10K, a sudden drop in prices was observed where it goes down to $6000 and even reaches the all-time-low which is below $6K. I wasn't sure what was the exact value at that time. Hoping this time around will be the opposite, stairs down and an elevator up for BTC.

I agree with the title of this topic which means that the downtrend for bitcoin is just fast as the elevator to just move from the top to the bottom and now the struggle for reaching the top is as hard as climbing stairs which is the reason why a lot of people are not trusting bitcoin anymore because of the unfair movement in the market but if you are really faithful to bitcoin then you already know what to do.

Those people invest in cryptocurrencies thinking they will make a lot of money but since they do not make any effort to learn anything about the market they are always very nervous about what it is going on in the market, especially when it comes to the price, and when they see any variation in the price and they realize they are losing money because of it they panic and begin to say that bitcoin is not good investment.

In my opinion it is not always like that, because I base my opinion on the particular jump from $6300 to $7500 during one day and somewhere middle July 2018, everybody was shocked because it was so unpredictable but it is ok that bitcoin is going that way.

The cost is at its most major chose by trust in bitcoin. At the point when certainty starts to fall it can vanish quickly and all together for that certainty to return it requires investment. However, when individuals do begin to recover certainty it will again increment at an exponential rate. Some time is simply required before individuals are sure again that the crash is finished.

We have same thoughts, I believe this coming December the BTC and ETH and other cryptocurrency have increase, Im happy if the price of BTC are double from last December 2017-January this year.

Price of btc is not stable.it can goes up or down. All of us has a feeling of sadness if the price decrease but we can earn on it again if we hold it. Yes the increasing process of bitcoin is slow like stairs that you need an effort to move fast just to go up while if it fall its like elevator that goes down very fast. But in the end  if we patiently wait  we will earned what we want.

To prevent that panic selling, we should explore first on how the market of bitcoin or altcoins run In cryptoworld because It's always been happening the mistake, If they directly Invest without knowing the bitcoin, especially those newbie which really eager to earn money through bitcoin.

As the stairs are going up for bitcoin this past few days, the cryptomarket is also affected turning its majority of color from red to green. Analysts say that it's already the start of the bullish market now and that everyone should be happy already as this may last before January next year.

Normally it is always happening in bitcoin the stairs are up and down. Hope this is the start of bullish trend that we expected so we can really earned. So I think we are near on the increase of btc price.

The market value of the bitcoin for this season the bear market is like elevator going down very fast as its value is falldown, but when it have chance for volatility ,the bitcoin price value is like going upstairs very slowly increasing its price value in the market cap.

I think that you do not need to constantly worry about the bitcoin exchange rate, it costs as much as the market gives for it. you need to do other things, and the growth of bitcoin leave time

What I can say on that is there to hear on market of cryptocurrencies all the movements seems to be cycling all around and when we are having the down position it is not the reason to be scared or to be said, it is a reason to rejoice because up is near.

I think that bullish market has already started, because we have examined a more than 1000$ increase in bitcoin price in previous few days. I think that now the trend will continue and the bitcoin price will continue increasing and will hopefully reach to 20000$ in next few months or before the end of 2018.

The market is volatile so you should always expect some changes in the price, the only problem is your patience because most of the people in the market are losing their profit due to panicking.

for me this hysteria, that you are saying is exactly that thing that we all are wanting here to have, because without the Great Wall of 280 of Bitcoin we would not have those benefits of their that we are experiencing now.

And it's always been like that and personally, i'd prefer it to be that way. Think about it. December last year we took the elevator going up. That didn't end well for a lot of people since the elevator going down took a longer time.

Remember the last year when we took the elevator and the price rise to 20K in just a matter of weeks. So it has to come down as fast as it has gone up. Going through the stairs means there is almost zero percent chances of bitcoin going to fall again and this is what all the bitcoin investors want.

Probably you are referring to consolidation period.
Trust me, we are not even there yet and a lot of people will be so bored during this moment of consolidation than what you are seeing now. This is when I term as the long term accumulation period though.

For now, the chances of us going down more than moving up is higher and if there is going to be any up movement for now, it sure will be some little move upward and nothing too serious since there is a lot of uncertainty in the market and smart moneys will be totally out for now.

Absolutely right. The price is downing like elevator and rise like a stairs. It is not good for new investors because they want profit against their investment and when they found that bitcoin decreases more than increases they will not put their money in it. Little bit increase in the price is necessary to catch new investors otherwise the market cap will reduce more.

I'd take the stairs of expands quickly, in light of the fact that if a venture shoots quickly with no strong purpose for it, at that point there's a probability that its ascent is fake and would arrive at a dramatic finish. The ongoing ascent of bitcoin to nearly $20k a piece is blended with FOMO and Wall road cash; the previous included for the most part uneducated financial specialists and the last being the educated ones in the amusement. The outcome is what's normal, a quick crash from the whales offering in addition to stressed financial specialists that purchased on the pinnacle that simply needs to counteract assist misfortunes. While the crash hurt numerous individuals all the while, the good thing is we set up a higher floor and a decent gauge that we can take off once the following bullish move starts. The occasions are very unordinary for customary penny stocks/tradable resources, however in the crypto world, insane thrill rides are the new standard.

It is not uncommon for a BTC to increase and decrease, so be patient and hold on to gaining profits.

I am working only 1 year using Bitcoin, so I still study the opportunities I can get in the future. It's difficult to choose the best way of getting profit.

Will into this kinds of thoughts its means to me thats the volatility is fast to going down its price value,while its slow to going up its price,therefore in this situation  now bitcoin is still recovering its stability price in the market,in order to turns back those profitable moments thats the bitcoin price value would turns back into $19K .

It's really a roller coaster ride for bitcoin for the first half this year. We've seen how bitcoin responded to the occasion several times and it was just a couple weeks when bitcoin had finally broke the 8K USD resistance before it went down back again to 7K USD today. Overall, bitcoin is doing good and since there are few more months left, i expect bitcoin will make the cryptomarkets very healthy again.

Of course, it was a FOMO price purely driven by speculation and greed which we all know a price like that cannot be sustainable for a long term before it would finally correct. The correction is what we are having now, and how far the correction is going to go is one thing we all sure cannot know yet.
 The way things are though, the possibility of going as low as $7.2k is even still intact but I guess only time will tell if we are right or not. Right now, we just have to be patient. Because markets may rise up from the current prices toward $8.5k again.

Indeed, bitcoin price this year very fluctuating and makes many investor decrease their investment value. But I am still optimistic on bitcoin because bitcoin market cap value still above $100billions dollar and market cap crypto market around $260billions dollar. Hopely on Q4 2018, bitcoin price can recover and reach above $10k again

I agree but they never listen I have seen several newbies asking in what coin to invest and then some time later they begin to complain about how the advice they got was bad and they lost money, and the truth is that while sometimes they do get a bad advice there were many other occasions where the advice was good but they were unable to hold their coins when there was a decrease in the price since they do not know anything about this market.

so fast the price of bitcoin dropped, but it was very slow to wait for prices to rise again. very contradictory. and badly, it also happens to altcoins so that the crypto market really looks bad lately.

I am still seeing the same graph, stairs going up and sometimes just some lever, but the fall is too ridiculous,
looks like a man jumping on a plane without a parachute.
this MArket with bitcoin price is really annoying now and I still don't know why after all the good news coming.

I'm still a beginner who is learning about bitcoin. I have not dared to invest using bitcoin. maybe I need to ask the person who really mastered it.

It seems like normal for btc to just go up and down like elevator.. we have seen it several times, as well as experience the price go up and down too its unstable and sometimes our emotion too becuase we expect so much and we invest and work it out for us to get paid...somehow we are hoping that we get it right and earn right.

I know alot of the people here in this forum has benn b*tching about the bear market this oast few months and we are now only seeing a slight and slow bull run of the year. What i would say is deal with it. Buy more and hold and keep your ears to the ground. That is all that matters, this bear run will run its course and the bull run will start.

no one can manage to ensure and know future developments and prices and that has become a risk in investing in crypto currencies and in the current situation it takes confidence and patience the main capital in investing

Yes, in crypto currency all coins is have a variable value and sometimes it will abruptly down and up because it is volatile in any market movement. The current situation and even from the past month that the bitcoin's value is having slow moving up and fastly go down in an instance of a dump.

for those who have long been involved in the world of cryptocurrency, i think this has become a day-to-day view, but for beginners, of course, feel like heart exercise by seeing a sudden up and down movement

I agree. We cannot say that the market will be down forever eventually it will rise sooner or later. No question about it. It will probably rise. There are chances of winning but we cannot say that it is really elevator and stair in comparison, but it is just the market with a price variation. We can foresee the future but we cannot be certain.

I'm not interested in the bitcoin price recently, I'm interested is how many bitcoins I have. Obviously I am aiming to increase the bitcoin due to the falling price. I think that this situation, which is sad in the short term, is an advantage for the long term investor.

Is it true that self-confidence can affect the price of bitcoin? I think that self-confidence does not affect price but for yourself. some of the articles that I have read are several factors that influence the price of bitcoin, the volume and distribution of Bitcoin, speculation of traders, fraud modes and those involving bitcoin. In addition, there are also several reasons that cause price formation. In determining the price, context and market environment will also affect prices.

Its hard year for bitcoin in 2018 but i am believe it will recover again. Bitcoin fall because too many people panic with fake news. December 2017 is good moment for bitcoin because the price reach more than $15k