Bitcoin Forum

More crash is good for BTC market, it mean more people will join in the game and BTC peak Price will be increased by end of the year.
So simply = BTC need to get More Crash in this year to make everyone happy by end of the year.
wht do u think?

You mean we need to bottom before we can soar higher in the future? Obviously, if you are going to look at bitcoin historical crashes and its immediately bounce you will see that its been the cash.

But the problem during dip is that investors are afraid and very reluctant to enter the market. But let's look at the bright side, its gives us the opportunity to jump in because you can get it a discount, so instead of selling it, why not just purchase and just hold.

I agree with Baofeng

If you didn't take profits at 12k+ now is so not the time to sell.   When prices are low ( after a 50%+ decline) is when smart money starts buying.

Example:
I'm not a huge Soros fan, but he is a good example of smart money.
https://news.bitcoin.com/george-soros-is-rumored-to-be-investing-in-cryptocurrency/

Here crash is not happening because of market fluctuation. Apart from that hacking and fake news doing big part in market place price changes mate. I would like to expect the bitcoin price to bump bigger in the market.

If the price fluctuation randomly happen even I would be happy to get the profit on converting it on multiple cryptos but here that is no like that.
If value goes to 15k USD back in some weeks we may find the more investors on bounties and bitcoins.

I personally don't think bitcoin price fall is bad as the price correction is a must and it is normal to happen after that big price rise. But In my opinion it doesn't cause more people to join the market. Newbies think that it is so risky. But I still believe that the price will rise. The price will rise by the whales and old investors not the newbies. Newbies enter to the market at the peak same as what happened when the price had reached 19000 dollar.

It is like going back to start and new people will join the community. I think it is good to happen but for old people here who have invested much and still holding it may not be a good idea though. I mean those large investors became part of bitcoin that helped the bitcoin price go up by buying many coins. Well talking about money it is never good to be losing more than earning.

As long as you believe we are at, or very near,the bottom of this crash then now is a good time to buy. Problem is if it breaches $6000 what will the floor be ?

Yes it's good, so we can take more time to buy some more. But the question is, can wait for the rise? Base on previous bitcoin price history charts, it took a long while before bitcoin reach again its previous ATH. And I think it's worth the wait.

It doesn't works like this. Its not called dips but the market is going through a correction and that is healthy for the coin. As market corrections are a way for the markets to decide the fair value of a coin. And during these dips one needs to buy the dip.

More cash is always good for Bitcoin and its market, because it would strengthen it. But more cash doesn't necessary mean new people, it could also mean that old investors are feeling safer to invest bigger sums of money. Also, more people and increased cash doesn't mean that at the end of the year peak would be higher. That is determined by something else. And even with more cash in this year, some people would still be unsatisfied. What we need more is, more people that are using Bitcoin.

I strongly agree with you on this. The kind of crash we are currently experiencing gives opportunity to new investors to invest in bitcoin and other cryptocurrencies and buy cheap. This has happened several times and so should not surprise anyone. The price of Bitcoin will go up with time.

It has two different sides. In one hand, as U've said - more people involved, more money involved. In the other hand, investors are afraid of long time falling period. If our belief is strong, BTC will rise up! ;)

Looking at the trend of the crashes in the price of bitcoin from previous years,  I realized that after every major dip, more people get involve with bitcoin because of the cheap and this increases the market cap which ultimately increases the price of bitcoin after some weeks.
However, this dip we are in is a very fatal dip and this made many people afraid of the outcome especially newbies. They are afraid of investing in bitcoin because they are not sure the price will rise again.
Nevertheless, we all know that dip will come to an end one day and there will be a spike in the price of bitcoin so the best thing to do now is to buy more bitcoins and hold.

I agree with this understanding but if BTC crashes more, it will be harder in the short term for btc to rise but if it goes deeper now, it will be better in the future this is what I also want.

Yes, more crash is good for the bitcoin market but see that it is not the highest supply region where the panicking rate is very high. Right now the crash which we are seeing is not because of any high amount of supply it is because of the last leg of the crash wave which is often seen at the end of the trend. I can see that right now the panic crash is just a short-term one and we are soon going to see a good bullish rally because of which we can see the new uptrend to start soon.

This time bitcoin crash more and more increase. but we should not be disappointed if we have to take lessons from bitcoin's Eastern history. better time to buy and hold bitcoin is now. although Newbies seem to be at risk, old people have an idea about this time, the price will increase ;)

It is correct that this dip could be fatal for bitcoin. If price doesn't recover a bit, or even worst if it continues to fall, some people could see that as time for bailing out. To some it would be a sign that bitcoins price achieved all it could. And with more people leaving , price would fall and we would be in even worst situation than this one. Chain reaction could happen, and in worst case scenario, it could lead to downfall of bitcoin. But this is just a worst case scenario, which has small chance of happening. We all support bitcoin, and as long as we do it, we have nothing to fear.

I do support bitcoin as much I can through out this forum mate. When I see the people troll the bitcoin here on this forum I maximum burst them and some people I use to report to the moderator also if they share a fake news spreaded here.

When we find the crash we need to utlize and buy the bitcoin as much we can mate.
But many missing that and keep expecting bitcoin to dump in the market that is not at all good.

That is totally right. We must keep the flow of trading going. Because that is the only road that leads to stronger bitcoin with higher value. Many investors are just holding their coins and not doing anything, expecting miracle to happen. Well they will wait for a long time, because miracles doesn't happen often. So it is as you said, buying and selling go hand to hand and when people understand that this dip will be over. Keep it going  ;)

I've mentioned that the Feb 6th is the low point for 2018 and it has come close to dropping below that level.

Can it drop further this year?  Yes, but I do not expect it to (my speculation)

I have never understood people who say the price dropping means more people can get involved.... How exactly? You do realize that Bitcoin can be bought in fraction right? e.g. 10,000 satoshi, 20 mBTC or some other fraction.

If somebody wanted to buy $400 of BTC, they can do so, the only thing that changes is the amount of BTC they get, the value of that BTC will still be $400 at the time of purchase.

Well, if you put it that way, that makes some sense. Sudden crashes like the ones that we have this year put those newbies who just got in crypto (with no idea at all about it) into a panic mode and they often sell their holdings at a loss. This provide could buying opportunity for those people who didn't get the chance to buy BTC when its price is climbing up. People around me are now thinking of entering the market because of how cheap it is now compared to what we have in December last year.

BTC can gather all the steam it needed for another huge bull run this year because of the corrections that it is having right now.

Indeed. And since there is a high panic going on around, holders with weak hands selling their coins in fear, thus affecting the price value of market and allowing it to sink even more. The continues price drop will make the whales who have been in the business for so long very much happy but not the other investors who wants to venture in cryptocurrency. They will hesitate to invest since the value is continuously dropping. They will fear that they will lose their money instead of earn profit. This thinking, of course will be the cause of the death of bitcoin. The continues dip in price without anyone investing anymore.

No,  the crashing of marlet value in bitcoins and having a big dip is not good in the company. 
Actually it is bad for the company because of the loss they will incurred. I think you should not believe on this because this is not true and this thing will deceive you.

 ;) ;) It is true that, More crash is good for BTC market, it mean more people will join in the game and BTC peak Price will be increased by end of the year.  I also think this.  ;) ;)

This is no formula for increasing market cap of Bitcoin, as if you think market crash will welcome more users then you are totally wrong. Bitcoin can only attract more users when it will make unbeatable growth. DIP is never good for Bitcoin as it creates a situation of panic among people who are newbie and want to make future in Bitcoin, hence DIP is never good for Bitcoin.

When prices go down for a week or two maybe people can still be patient but when prices keep falling for 3 or 4 months, people will start to panic and try to sell their bitcoin. And I think everyone should be ready in this condition, before they enter the crypto world and say that they will be fine even though they will lose.