Bitcoin Forum

Today Bitcoin's price has gone under $8,000 again and Ethereum's price under $500.

In general if you look at the chart all numbers turn into red: https://www.coinranker.net (https://www.coinranker.net)  :(

When will Bitcoin and other coins thrive again?

I think this is called deflation because the process of decline occurs in almost all cryptos including Bitcoin and Ethereum.


I don't know, the market today is very difficult to predict accurately, maybe June or next December.

Well, let's just say the demand in the market is not much so far after the long days of wide market correction, high level of FUD and so on. With the whole market turning to red like you said, you just have to get used to it. Simply put, see bitcoin as the captain, and a single blow on bitcoin affects the rest.

It is a market, and no market is ever easy to predict in the first place. We can only try to blend with the trend most of the time.

Now time to holiday, maybe some user who have a big amount bitcoin they want to take a rest at this time. A years before is year of cryptocurrency, you can look at a years before in january 2017 bitcoin just touch $900 and than in the end of 2017 bitcoin touch $20000 how many percent the increasing bitcoin price. And in the early years of 2018, some crash come that start by korea and china who ban cryptocurrency, then facebook ban cryptocurrency, twitter, google and mt.gox who affected the price continue to fall.

And if you say when cryptocurrency thrive again? It will hard to answer maybe now cryptocurrency is mainstream not antimainstream again, the new investor pupping up and make the world know especilly some government who need cryptocurrency die.

The market is down right now because there are not sufficient traders to make the market stable by their daily trades. There are definitely full-time traders currently but their strength compared to the circulating supply of any coin is just not satisfactorily enough for making the whole market rise or even fall drastically. That is why there is a gradual downfall is seen the market. We could expect holiday times when people have ample of time to invest in trading which will recover the market and the cryptocurrencies will rise!

after the movement towards the bullish is reached and out of this bear market the market and the price will be stable and normal again. indeed this situation is very disadvantageous for traders and panic holders, but on the other hand this position could be an opportunity for investors who have much capital to invest their money back in order to be doubled in the future. keep calm the price will again increase again as before.

I can not say when Bitcoin and Ethereum will thrive themselves, but you should take advantage of the fact that the price is so low. So the price of Ethereum is below 500 $ and it should be the same price as Bitcoin. If you have Bitcoin or Ethereum in your wallet, don't think about it. I can not tell when it will be, but soon all prices will be green.

Another question about the price of Bitcoin to why is the price of it is not surging, why you always want Bitcoin to go up? even me I want it too though but it needs time to recuperate after the December's price increased madness. After all the price is still high comparing to what it was last year, same with Ethereum. So buckle up as I believe that it will go to another all time high before the year ends or after the Lightning Network fully working.

I thought you mean Bitcoin and Ethereum have mining difficulties increasing? Yes it is continuously increasing... but the price doesn't.

of course bitcoin and ethereum have each difficulty in its mining and how to get it algorithm because every block of bitcoin or ethereum increase the difficulty of algorithm in every block.

It will be hard to predict when bitcoin and other coins will thrive again unless it will happen soon where the news and rumors that are soon to be a fact is laid down upon to us. For now, let's face it. Bitcoin will be on a bearish trend for quite a while IMO, it might stabilize at some point but I expect it to go down more in the next coming weeks.  Just hodl though, bitcoin and ethereum will surely have another bullish trend.

It's going to go a lot lower than most people here could imagine.
As a matter of fact, the inflation in price we experienced in 2017 was abnormal - despite very few people would like to admit it.

I have a double relation to Bitcoin to date. On the one hand, I understand that there are real prospects for earning in the future, but today I am frightened by the current state of things on the market. In relation to the etherium I have only positive expectations.

everyone has been looking forward to the bullish market is coming soon, we are still stuck in the bear market. keep on coming his unpleasant news is burdening us hard to get through it. we must remain patient and hold the coins we hold, so that we can still benefit in the following months.

History keeps repeating itself and having experienced these dips before am sure the price of bitcoin and all other altcoins will recover when we play a part of spreading less FUD which cripples the price mostly.

The correlation between them is very high. You can check this on this site. (https://www.sifrdata.com/cryptocurrency-rolling-correlations/)

People are in doubt about the whole market, not just specific assets. We need more of fiat converted to cryptocurrency. May more people know and trust in the revolution that is taking place. Some specific problems occur with both ethereum and Bitcoin. But the big problems, banning commercials for example, affect everyone.

Yes whole crypto market is under bear market and it might take few more months for market to recover and have a good pump which can easily push price of bitcoin and all other alts to 2x to 3x.

Best strategy for right now is to hold all you have and don't sell anything for loss. Buy more if you can....

it has been said numerous time; Nobody knows. Cryptocurrency is most times unpredictable. We just have to keep on hoping that a lot of people will buy and try holding for some gain in the few months when it pumps. Whatever any experience that Ethereum or Bitcoin is experiencing now, Just know its a normal market behavior.

Never because what the trend is that trend will continue to be the trend for the rest of time! Oh wait that never happens in markets. ::)

It's a very long bear market and people started to shaking, when the price started to see some green there will be a lot of people selling the coin, because they were holding the coin for a long time, I know a lot of people get stucked, I think a lot of people bought BTC or eth in December and now still waiting for the moment to sell, BTC and eth are not having difficulty but the market still not stable yet, so now it's the mental war, if you can keep your coin longer, then you can make profit

No one can actually being able to predict the bitcoin and ethereum price accurately but we can actually study the past events to be able to forecasts the future. I think from next month most of this bearish market will end and bullish market is going to resume it last year December upward trend.

Nobody can tell you when they will be thrive. But, maybe we will never see this price, and maybe this is a gift for us, accordingly we need to get more coins.

I agree, looking at previous charts. The bull run happened around Mid-late May. Let's see what happens  :)

well as far as i know no one can predict when will be the growth rate of all currency will be thrive 'cause there was no sign about it since the price of all coins in the market fluctuate , even you make a technical analysis on its pattern in the graph.  'cause the fact is it will thrive when it gains enough demand and supply in the market but no one can figure it out when it will be made.  

Absolutely yes, no one can predict the price and when will it thrive to go up. I think this is the best to pick coins and save when price will thrive again. Maybe we cannot see this chance again so since bitcoin and ethereum having difficulties chance to have some.

Hard to predict anything here... everything is going down and down and, differently from the real estate market for example, nothing backs cryptoassets so there is no limit

today the market is in full decay yet does not mean that the etherium will lose its position. I hope and believe everything much more than in Bitcoin. I think that in this respect my forecasts will come true. And the etherium will really show its active growth in the near future.

prices continue to decline, I do not know whether bitcoin can fix prices in the near future. IMO we will be hard to get out of the bear market, to reach this bullish market will take a long time. This difficulty is due to its many unsightly issues and the prohibition of cryptocurrency on twitter. hopefully next april, the price can slowly increase again.

hamm... watch as all altcoins are falling

 Ethereum = $403 ( 0,0549 ) BTC

 Ripple = $0,54

 NEO = $53,66

 Lisk = $8,37

We are talking about a huge drop, you can see that Eth had a price of more than  $1000 and was 0.1BTC

but last year if the memory does not fail me in those same months we had huge falls and in the months following the altcoins and bitcoin have increased, of course that the scenario of last year is different from this year, this year we have the regulations, for you to have a little notion:

Bank Of Montreal Staff Memo Appears To Show Bitcoin ‘Block’ Due To ‘Volatility’ (https://cointelegraph.com/news/bank-of-montreal-staff-memo-appears-to-show-bitcoin-block-due-to-volatility)




Nobody knows, but I'm going to take the risk and I'll give you my guess, when the pressure exerted by banks and governments is not very big and cruel, then the price will recover, eventually banks and governments will have to moderate

Yes it is really hard to comment on anything or to speculate anything because everything is going against the speculations and expectations so it's better we can buy the coins when it is less and hold it for future as we all are aware that on a long term basis bitcoin and ethreum will be beneficial.

I am expecting that to happen within this month . So all of those who lose will recover and we are gonna be happy :) .

Yeah, it's very noticeable and seems to be alarming but it make the entire crypto into crashing.
Truly we can say that, bitcoin and eth have difficulties and it seems to take months to recover from dips cause we know every now and then we have been disturb by some FUDs creating panic selling that it could add of dropping it's price.

Definitely, but some people can't avoid to hold their emotions which lead them to decide a decision which is actually not good for the crypto. In reality, we are getting worried but we have a strong faith that this challenge will be over soon and only the strong will survive.

This is the biggest correction for the entire crypto market and has wiped out lots of traders and new entrants. Preparing the base for next rally.

market manipulation .. the name of the game

Now the bitcoin and Ethereum price reduce further more and reach the mark of 6000$ and 300$.
This time we have to choose to inverse in bitcoin and Ethereum and don't sell the holding coins due to the FUD about the market.

I fully agree, it's time to keep your hand strong and cautious for buy and sell,resistance is one of the great qualities in this downfall market. However we must wait and the biggest problem to come if it breaks the $ 4000 can change the direction of the crypto.

Bitcoin falls accelerate as currency collapses in 2 hours – but you can still make money from it.
The following article, outlines personal views and is not intended to provide investment advice.

In the past day Bitcoin fell from above $14,000 to $11,300. But given the cyber-currency is still up 1200% in a year, is this just the beginning of the fall?

Ten years ago Bitcoin didn’t exist. Five years ago they cost $12 each. 12 months ago they were almost $857 and just last month they were worth almost $20,000 each.

Then they crashed.

Since December’s high Bitcoin’s price has dropped more than $7,000 – in the past day alone almost $2,000 has been wiped from the price according to figures from Coinbase.

Mirror.co.uk has published a story about the fall of Bitcoin, That’s a fall of over 14% in a day, 20% in a week and more than 40% in the past month, according to Coinbase figures.

In just two hours this morning the price dropped $2,000, for context it originally took the cryptocurrency more than five years to add that much to its worth.

Since then there’s been a small rise, but at the time of writing, it’s still thousands down on its mid-December peak.

SEE ALSO:   https://smartereum.com/1893/ethereum-predictions-2018-high-can-price-ethereum-eth-price-fri-mar-30/
But is this the beginning of the end for the cryptocurrency or just a blip on its ascent???

THE BEGINNING OF THE END OR THE END OF THE BEGINNING?
The good news for people who believe in the future of Bitcoin is that this is a pretty classic price drop.

When traditional shares or currencies rise over time, there are points where people who’ve bought them to make money sell some of their holding. It’s called “profit taking” and tends to happen at key price levels.


 
Two months ago Bitcoin broke through $10,000 (£7,421) and the people looking to cash in some of their growth took money out.

The price fell for a bit as a result, then surged on again to$18,000 – when people started taking money out again and dropped the price to $15,500.

After that, it soared to an all new record – almost touching $20,000 almost exactly a month ago.

Since then it’s dropped down to below $13,000 three times, and risen above $16,000 three times too.

SEE ALSO:   https://smartereum.com/4744/bitcoin-price-analysis-bitcoin-to-reach-29500-by-the-end-of-2018-fri-mar-30/
But it’s now fallen further than at any time since December’s peak.

Neil Wilson, senior market analyst at ETX Capital, said: “Has the bubble finally popped? It’s hard to see the bell tolling just yet.

“Large price swings have become so normal that it’s hard to decide – we can easily see this market bounce back in very short order.

“Whilst there have been some hacks, public infighting in the mining community, lots of rumoured forks and regulatory pressure building on some fronts, this is likely to be a simple bout of risk-off selling as investors rebalance towards year-end.

“It looks like it’s time to cash in the gains and spend the winnings on a bumper Christmas.”

The bad news is that this collapse might be something else entirely.

BITCOIN, ETHEREUM AND ALMOST EVERY OTHER CRYPTOCURRENCY IS PLUNGING
According to TechCrunch Article, The crypto market suffered huge loses right before Christmas last month although most valuations had recovered since, such is the volatile nature of the space. That could yet happen following today’s slump. Indeed, some financial market watchers predicted prices could jump this week as Wall Street bankers collect their bonuses.

SEE ALSO:   https://smartereum.com/3097/a-potential-amazon-cryptocurrency-exchange-everyone-is-wondering-about-this-move-fri-mar-30/

*** In my opinion, this April, Bitcoin will hit the bottom, which results in the Ethereum and Altcoins reduce, too. After reaching the bottom, they will gradually recover and by 2019 will return to the highest peak of btc 19k $ and eth 1k $.

Thanks for taking the time to dig this up. Not that it changes my mind about holding, but it is a valid point and at least more than 1 person had some foresight to think like this, long before the market's panic set in the way it has these past few days. No one should complain or worry, this was always bound to happen at some point. Always!

The thing that has surprised me is how ETH once more dropped below $400, failing to keep up as usual with Bitcoin. People must really be feeling the pinch now, especially all those ICOs that raised ETH when it was above or near 1k.

I think all coins will recover by JUNE of this year, too. But at the latest by the beginning of 2019. When all policies will be formulated, market will be more stable. Do G20 summit raise all the crypto market a little bit? Probably.

People are pessimistic about the market during this time. If you watch the volatility of the cryptocurrency market and the big crypto like Bitcoin and Ethereum, these fluctuations are very normal. Things will be better in May and June, it is important that you have enough composure to go along with this market.

This is probably the hardest time for BTC and ETH. I think they will be one of the hardest hit pennies. Currently most countries are introducing rules imposed on Crypto, making it more difficult for investors. Therefore BTC and ETH have been continuously discounted during this time.

maybe you are a newcomer in the crypto market, but this is not the hardest fight for btc, i was here when mtgox scammed and in 2015 when everything kept falling for monts and unfortunately i sold, scared by the fud, by media and by my family, now i regret these times and i will not make the same error, btc and it's tecnology is here to stay and it will demonstrate that!

Hmmmm another the same site with coinmarketcap but well those numbers already changed since as of this writing bitcoin price is already on 6785 and 392 for ETH which for those people who did bought into those rangers are definitely on loss as of now. Difficulties on price increase cant really be only on btc and eth but on all the coins in the market.We are on a bloodbath as of now and predicting bottom price is always been hard.We dont know where do prices would go.

I think ever since this year started like after bitcoin's record price last year, bitcoins have been in a
series of consecutive struggles. It's quite exhausting to be honest, since it's been declining more and
more. But compared to last year's situation, if you consider the prices bitcoin had at the same months,
Bitcoin ain't doing badly I think. We're just so used to seeing bitcoin being on top and people expect
more from it, waiting for the next price spike. But  it's still on borrowed time to say the least and the
ongoing struggle is commencing, the concerning thing is that altcoins are also declining as soon as bitcoin's
prices in the market started to crumble and decrease. Bitcoin it seems is a major influence in the crypto market.

They are the only ones who are never gonna drop to zero, and that is the truth.

But they are droping harder, look at ethereum! less than $360 each one of them, that is a steal. Anyway, we all know that it is a good moment to buy, personally, i am waiting to see it below $300 so i can buy some.

That's right they don't even know how worst was the crash in the past of cryptocurrencies, there's a lot of newcomers here the way the trend works in our online community it spreads like a wildfire throughout the world, one of the reasons why crypto pump like crazy last year is all because it got trending and famous, expect a lot of newbies and wannabes who recently joined this field not knowing the risks, rules and events primarily affects the beginners.

very good question. when you know the answer let me know) but seriously, no one will be able to this question now to answer. in February, the news was negative and manipulative to drop the price, and now everything is fine but the price is still falling, so now it is not clear why and how long it will last

BTC and ETH prices are down because of fuds.

No one can tell you when will the market recover. Take a break away from crypto prices and be patient. Market recovery will come one day.

If we look at the market now bitcoin is very down,There may be several factors that cause prices to fall,But bitcoin will rise again in the future we do not know Kpan it will happen,

It was just the beginning of a strong fall. I think that the situation will be worse. But we must be strong and believe in crypto. This will help the market to recover. Whales want to buy cheap coins. Now I understand the reason why they did not buy these coins at previous local falls. They knew that the market would fall even lower soon.

I do not think that the graphics solve something in the modern market, it's not the stock market, it's the crypto-currencies.

For me, I am still a strong believer in crypto that right now this moment the price is still recovering. This days we might experience enormous price changes as volatile price might happens without even noticing it goes up or even down. We need to be strong enough, and control our emotions towards what is going on with both bitcoin and ethereum because I seen the signs that this month there will be a huge price spikes to happen that will give profit to the long term holders.

Now for us there has come a turning point, which will check who is here for a long time and who simply speculated on quick profits. Predict when all this will end no one can, because the alternation of the green and red market has been a long time. But in the summer the bull market must necessarily come.

a year or two

Probably not in a year. Mt.Gox still have 160k bitcoins for sale.

logically fluctuates in coins it is usual. It is quite quiet and not addressing too frantic. in the next few months could be the moment for the coins to ride and a great opportunity to become this.

Nobody knows what will happen next and its prediction could be right or wrong.
The movement of the market is depending of the news which comes to crypto world. Soon good news comes, price will go up.

if you look at the charts last year, if you're sure what you hold is a good investment, hold it to your advantage, bitcoin as a long-term investment and I'm sure it will go to a high price than you saw before

Both of these coins are for long-term investment, you can see from the last year compare the price of both the BTC and ETH. You will make the profit if you hold them for another 1 year because there might be a huge chance to increase those price even higher.

Nope. There is no difficulty as such it is just a correction happening and there are many reason for that. I think the price will shoot up from April second week. Experts predicted that Bitcoin will reach its highest price in July. There are more good news is on the way like many countris going to accept Bitcoin and crypto currencies in their nation, if that happens automatically the crypto market will rise to moon.

There is a force that is trying to influence the price reduction BTC and ETH. Once the two major currencies fall, the other coin will fall. Perhaps this is an act of market manipulation. In order to stimulate supply, they will stimulate demand and prices of atlcoin will increase again.

its normal that bitcoin and ethereum will go on a dip because of lots of factors like crypto banning and issues in different countries, but surely it will rise again in the future, hopefully before the year ends it can all come back to 18,000 usd again.

Yes a lot of factors that contributes to bitcoin and ethereum having hardly to go up it's prices. Having these issues that decreasing the prices I hardly believe it can survive. Users will still involved in bitcoin and will adopt more to use bitcoin that makes price can increase again.

So on your 2  opinion we all need HOLD ?
How we can earn from this situation is main question ???

right on that mate,buti guess whats better for this moment is dont expect instead be contented for whats price market having now,coz we cant push this dip to grow as whales only has that power to make market price move..and besides were not losing now as were not buying another coin for the reason that we have no capital to do such

the hardships of these two since the beginning of this year have never attracted any money,

Something is bothering as a result the price is just not getting high or may be it is due t the various ban placed in countries like China, South Korea have actually led to the huge price drop and not able to recover from their.

I don't understand why you are so surprised. The market always behaves this way - it falls and recovers all the time. Sometimes it looks very scary and your portfolio is bleeding. But don't worry. It's a temporary situation.

During both the bitcoin and ETH are having trouble with its value, as the market is in a phase of volatility that affects its value and other altcoins. I think that this time people should keep it, patiently waiting, I hope it will return to normal and can flourish in the future, wider spread to bring good income for everyone.

this good project, i think

all always expect positive with the price of its assets in the market, no exception at this time the price is getting worse. I also still hope that ethereum will come back again at its best price and to date I still hold it

No one knows when the market will recover soon, I'll just keep holding it until the market really recovers. I'm ready to accept this risk, if the price goes down and I still will not sell it. Although many predict if prices will rise in the near future, I will only make it as a motivation to keep the spirit.

As like you forum profile name, all the top 100 coins are suffering more on this time. Bitcoin and all the alts seems go down and down every day. It tried to survive as much it can but still so much slipes because of the price regulations, hacking and banning.

If you guys mining any of the coins you guys are think that how much difficulty fall in this time now.
Now I am mining ethreum and there is no big difficulty on it.

I think every bitcoin or ethereum block increases the difficulty of the algorithm in each block. And of course bitcoin and ethereum have every difficulty in mining and how to get it algorithm