Bitcoin Forum

Bitcoin has lost almost 15% of its value since two weeks ago. At the peak around Christmas holidays, it was trading at over $19,000.

Bitcoin investors have been predicting that meteoritic rises will commence any day now. But the price has been hovering in the $8,000-$9,000 range with surprisingly low volumes.

One Good Post: why is Bitcoin price stagnant? (https://www.finstead.com/bite/Bitcoin-BTC-price-analysis-May-20-2018)

What is happening in the Bitcoin world?  What is the near-term price forecast for Bitcoin?

This week, The New York Fed president says bitcoin 'doesn't pass the basic test' for a currency. So while I do think the price of bitcoin could climb slowly, I would expect it to be a very bumpy ride.

Expect blips, dips, mini-crashes, and shocking price rises along the way. All which will shock many people, and ensure you see many investors getting extremely emotional and become confused not knowing what to do next.

Bitcoin rallied from 5400$ to 19,600$ in just a month, what do you expect that it will still continue to grow to that point on? Expecting something unrealistic in really not a traders way and the price correction we are seeing now is a normal phase to a traded asset online. Obviously when Bitcoin reached at its all time high almost everybody took profit and only some have manage to experience losses. Bitcoin more than doubling its value in just a month made this downtrend long as it maybe is making or waiting for a bigger move.

Did everyone forgot about MT GOX? They still have 162 000 btc to sell. They was obey to wait till september till court will decide whats with them. But few weeks ago they moves 16 000 btc from their wallets. Few days ago they moved another 8000.  Why they moved it to exchange if they had to w8 till court will decide whats with them? Ivestors are scared that other 138k will be moved and sold on exchanges. Mayby thats pushing price down?

I think price wont be pushed to much north beafore MTGOX case will be closed.



I agree with you. That is also holding bitcoin at this moment. Correction still looks normal after december pump.

We also put into the scene the dumping of bitcoin by Mt Gox and the negative accusations by a business giant if we sum it up it means that the dump has occurred and followed by a short panic selling. You are correct my friend that the road ahead of bitcoin is bumpy since there are many obstacles and resistance before we can overcome and breach 10k$.

For everyone wanting to monitor MTGOX wallet i found nice tool.

https://www.cryptoground.com/mtgox-cold-wallet-monitor/

Few days after each transfer there is dump on market (mostly :) ).

Nobody can't say what exactly is going on, there are only suggestions. There are experts who already said sorry for their optimistic prognosis for crypto currency for April-may. Promised bull run didn't happen still. Well, at least the price is not falling, we are here, somewhere between 8000-9000$ and I count it good enough for bitcoin.

bitcoin is volatile and going up 15% or dropping down 15% is what we call "volatility".

yes and it is also up from last year's $1000 so it is already 8-9 times higher in only one year!

speculations these days are all over the place from what i am seeing which i believe proves that people are not sure about what will happen, although i have to admit they mostly tend to be positive and predict a rise.

regarding volumes i have to say they are surprisingly high as a matter of fact. i don't know where you looked but they are high on all exchanges which is why i consider this an accumulation phase.

Well don't be panic about what happen to bitcoin ill think it was natural in a coins was going in down price, So we must wait on what happen next of the bitcoin and maybe in this year the bitcoin was going to increase the price just like in the other year.

Just believe in bitcoin, but yeah i know how you feel, and i hope bitcoin price will go up someday, but rightnow i think will stagnant bitcoin road its not easy.

there is wrong with the bitcoin... its a trend of the market.. so dont worry and wait when the market will be stablize... :)

There is nothing wrong with bitcoin we are just taking it for granted that whenever the price goes down we are doing panic but when the price goes up all of us celebrates and almost cashing out, that is why it is so important for us to at least stay calm all the time and let us just continue to support bitcoin all the time.

We have quite a few factors that are dragging the price down. The idiot trustee that are managing the recovered bitcoins

from the MtGox fiasco is waiting for the price to increase and then he dumps coins. There was 162106 BTC in total and he

started dumping and now there are still about 137891 BTC left. So every time when the price recovers, this idiot dumps more

coins onto the exchanges. {adding coins on the supply side}  >:(

One other big factor was the banning of Crypto currency advertisements on some of the biggest social media platforms like

for instance Facebook & Twitter etc. So we have a steep hill to climb to get to the top again and the odds is being stacked up

against us at a very fast pace.  >:( 

In every market price when investing there must be a price down or price rise so I would not panic if the bitcoin price drops because I believe the bitcoin price will increase again. That is where life must have ups and downs so I do not doubt either in the business or the determination of up and down prices.

Why are you getting so panicky. Do you expect the price to keep on going up forever? And do you expect the price to recover so fast after the huge rally we had last year. Expect few more months of correction before we reach any where near ATH again. In fact I would say don't expect us to reach near ATH this year at all.

Obviously from all the sides it does feel like bitcoin is in good state right now and there is nothing wrong with it as such. We are already trading bitcoin at very high prices and some do call it overpriced as it surged almost 10 times the January 2017's price. So the question is why to worry about it anyway.

If we had such peaks back then, it means we will have it again and this time it could be better than the previous spike. Why not think that current 8-9K USD are the starting point this year and if it goes 10 times high then I couldn't imagine how rich we can be in such short period of time.

I agree with your opinion, and I will wait until the price is stable because I am sure that bitcoin price is increasing and profit will wait for us.
Until now I hope that what I want comes true for me with my family to be happily ever after.

Why are you getting so panicky? Do you assume the charge to maintain on going up forever? And do you anticipate the charge to recover so rapidly after the big rally we had final yr. Expect few greater months of correction before we reach any in which near ATH again. In fact, I could say do not count on us to attain close to ATH this year at all.

This volatility is normal and will last for a long time. While there are whales with large quantities of Bitcoin this will still be seen, only with the passage of the years and maturing of the market is that we can have less oscillations.

While this question has come up time and time again, I don't think there is much to say about the price showing that their are problems. The price is something which may not always react to the sentiment of the community itself nor to the fact that we could be having some amazing strides (such as LN)

There are some things that are wrong, such as large scale network congestion and high fees when the network is unable to handle the load it's taking on. Or the fact that we're unable to reach a consensus on HOW to fix these problems.

There are issues, but none are telling by the price.

This topic is better for the speculation section of the forum because its no different than all of the threads you see about questions on when bitcoin would increase or maybe it will crash further, will.it reach the all time high again etc. Nothing is actually wrong with bitcoin, whay happen was that we got accustomed to the period of high price and we continue to make reference to that particular period forgetting that even at the current price of $8000+, its still a way high of appreciation over the same time period last year.

For my opinion BTC also needs to play a price. If BTC's high value seems to be hard to buy, it's good to have high value especially for altcoins. But it really needs to go down to Market Balance.

Why the hell every month should someone remind us that the price is dropping and that the price had reached $19000, this is for people to get into more panic?



Anyone can make price prediction, I will make a prediction now: in 2022 the price of bitcoin will be  $12000. The bottom line here is: why am I making this prediction? I rely on what to do this prediction? we need at least to show some argument that led us to make such a price prediction


Last year we did not have the regulations, we had a great ICO race, today we have the regulations, I have the governments exercising pressure, so this probably reduced the number of people who buy bitcoin


$9500

Expecting something that is not realistic in really is not the way traders and the price correction we see now is the normal phase for the traded online assets. Obviously when Bitcoin reaches at an all-time high almost everyone takes advantage and only a few succeed in losing.

Well, there is nothing wrong with it. In fact, I am happy to see that correction took place earlier and the artificial price really didn't last long because such artificial hike not only affects the investors but also it spreads the wrong message among the people who don't have any idea of Bitcoin. I have seen some people (newbies) investing high amount just because the price was rising but they started blaming Bitcoin after the correction took place.

Bitcoin isn't dead. Bitcoin isn't broken. Bitcoin can't moon all day! After we understand these 3 facts it is clear that Bitcoin is consolidating before making another run up, otherwise it would have dumped past 6k already. Obviously that can still happen, but I believe we are more likely to hit 10k than we are 6k at this point in time.

There were not too many coins in the past. For this reason all coins and certain coins were invested. But now there are thousands of tons. And the number of coins is increasing every day. Crypto moneys are scattered in thousands of coins. For this reason Bitcoin prices do not increase rapidly.
In the past, the advantage of bitcoin was 85%. Now 37%. That's why you do not get the price.

there is thousands weakhands out there and they are too emotional. any little negative news effect lot's of people and they do panic sell every time. wait for 1 year and you will hear their cry.

I think there is nothing wrong with the bitcoin market now, if the market price is down now we may be aiming for a lot of searching for btc and investing temporarily in the sense of saving, when the market price goes up then there is a golden opportunity given to us.

heavy pumping oe dumping in value not stabailty thats effcts the coin value this time bitcoin complete own corretction after that it well helpful for users

The price was fixed for 1 BTC = 10 000 $. This is already good. You when investing in Bitcoin think that he will grow every day to heaven. It will not happen. You need to wait.

I had noticed this and that is the disadvantage of the rapid movement in price that happened during that period. It opened our eyes to prices that no one would imagine it would get to in 5 years a month before. This then made people start making predictions about how it will get to $100,000 with one year. Some even went as far as predicting that the price would touch $1,000,000 in no distant time forgetting that the percentage movement was what was gathered for over 7 years and we are all expecting same feat to be reached in 7 months.

Even at this time, everyone still need to be happy (with the exception of those who bought at $15,000+) because the point at which price is now, is still some element of appreciation if we take away the December era away because that time was really a balloon that I thought my wallet has bug when I checked the price to see over 30% increase in one night.

Considering 2017 was an insanely bullish year it's not that surprising really that 2018 is shaping up to be less eventful. Bitcoin has often followed similar patterns after it's big bubbles over the years. Long slow bleeds or sideway market movement(lack thereof rather) is par for the course really.

Honestly, the fact that Bitcoin is still at these prices is pretty amazing. Being able to float around 10k and sustain enough demand to offset all the mining and such is pretty impressive imo after watching it over many years. The growth is almost unbelievable.

Do not forget that the feature of bitcoin is its ability to fluctuate the rate. That's normal. There are of course factors that affect the fall in prices.One of them is the emergence of forks. In simple words, the developers decided to change the rules of the game.These changes attract a part of customers and this leads to a drop in bitcoin quotes.Of course that's not the only reason. The experts name many more. The imperfection of technologies to accusations of pyramid and HYIP. Bitcoin is not falling for the first time.But then it comes up again.If someone has already bought bitcoin at the peak of the cost can only wait until the price goes up.

Instead of questioning bitcoin's ups and downs, why wouldn't people just go on and capitalize on these price changes instead of giving volatility a new meaning? Determining current trends and whatnot sure helps a lot for traders, butt for normal investors like most people here who intend to go long, why need to go on and gather mental stress? Everyone is waiting right now to sell their coins but long term prospects tell us that we're still bullish. Personally, i think a good reversal would happen after the months of May and June are over, and we could go on full-blown bullish mode again. I just hope that there'd be no more large-scale sell offs that could potentially bring the price down.

All these are mere speculations,$8000 is not bad for bitcoin presently. We know there are a lot of factors affecting it but we have been here before. No cause for alarm

I know everyone here experienced the dump so many times, and the current price are much higher compare to last year so for me we are still on the right place heading to a great future. Don't panic because bitcoin can bounce again, just help to stop from spreading false news about bitcoin so newbies will not panic.

bitcoin even worse now. it hit $7k in the market.
well, anything can be happened in cryptocurrency. We never know if someone want to dump their coin.
just hope this falling not occurred to long so the holders not panic selling their coin and causing worse condition.

I do not see anything wrong with bitcoin but it's not wrong with its value because it's naturally dropping but it's not wrong with it but it just takes days for it but the bitcoin has not been wrong.

People think that if bitcoin falls short, there is something wrong about it. Actually, there is really no wrong about bitcoin technology but the people who are trying to bring bitcoin down is the real problem of this cryptoworld. A lot of negative news about cryptocurrency some of those are not true so literally there's a group that keep on pushing bitcoin down, which for sure they will not succeed.

To be honest I think this is an effect of the Mt GOX news. Recently they have sold a lot of coin that make the price tumbled from $20,000 down to $6,000. Now Mt. Gox are in the news again, people are some kind of concern that there could be another sell off and a possible price crash is possible. As of now not everyone is confident that we will stay at $8,000.

Bitcoin price falling down, and not in speed to raise back to the initial prize, is a function of investment period, and many people see it as a normal thing, and see it something went wrong, But for me, I think is the session to invest more on bitcoin through buying process.

I also think this is the reason, there's someone posted that the funds were moved so I guess that's the root of the dip for these days.

It's either the holder sold most of the coins and that made an impact to the market so it went down.

Yeah that's normal and it's the basic feature of the bitcoin why its price is moving.

There is no topic more controversial these days than the future of Bitcoin. Supporters claim it will change the future of finance and transform society. why aren’t more people using it for purchases? A major reason is that transaction fees, and transaction completion times, have skyrocketed. Even at its best, Bitcoin is not a speedy transfer mechanism. It is designed to take about 10 minutes to confirm any given transaction. However, in practice it’s gotten much worse recently.

There is nothing wrong with bitcoin and you do not evaluate bitcoin in correspondence to its price because it is meant to be a currency and a mode of transaction rather than a spectacle to gamble with the price and hence you should not evaluate it with the price and think that the price is down because it has some flaws. :P

When was the last time you made a transaction with bitcoin, the transaction charges are much lower and i can make a transaction with a few cents right now, there was a time when the price went through the roof but things are better now, if you compare the rest of the transaction methods including banking system, bitcoin is the fastest and trusted mode of transactions and you will get confirmation in a few minutes or hours depending on your transaction fees.

In every market price when investing there must be a increase and decrease in price as a result of market flunctuation so there should not panic if the bitcoin price drops because I believe the bitcoin price will increase again. That is why life itself is up and down so I do not doubt either in the business or the determination of up and down prices.

Nothing wrong with Bitcoin, sometime people is expecting too much, that's it.

I believe its only reacting to some forms of fundamental news. Its pricing is determined by some individuals or organisation that are forces in the financial markets. And it looks like its testing its ground at that price.

If you judge Bitcoin over the instant price fluctuations, you'll make a mistake. I think it's best to evaluate Bitcoin as collecting power for the future.

Theecis no wrong in bitcoin. It is a crypto currency and it's price depend on the volume of the investors, so then if the price drop maybe it is all because there are no big investors or maybe the volume of the investors decrease. I think we dont have to be afraid of dropping it is a new opportunity to buy.

I seen the effect of bitcoin price in the coin market cap why is continue to dip their price because have people involved in bitcoin are not fully understand about bitcoin how it work and how it importance to help the economy growth in the world, people panicking if the have negative news about crypto currency, recently news affecting bitcoin include crypto's price dip down bill gates statement. but i still believe crypto's become successful again because even have many people not loyalty believer in the crypto because they listen in the one person only have some people continue support bitcoin as loyal forever.

It looks like the market is a little hesitant and investors don't really know what to do. It is strange, the price should increase now that big name investors are also stepping into cryptocurrencies. But anyway, some expert investors predict the price will increase and at least double before the end of the year.

Its just recovering from its bearish period due to some fundamentals. But it has only maintained a pricing and not really doing bad but it is certain that it will recover in no time.

I think all these dips and red that’s been taking place before and just recently is believed
to be a normal thing for Bitcoins. Volatility really is at play and deflating prices from
high priced values is something we can continue to expect always from the market.
But it’s nkt something to falter about since dips aren’t always permanent, more likely
temporary and are always settin up for something larger at play. It’s just doing it’s thing.

This price fall might be due to the fore coming incident of Mt.gox trustee to sell almost 8,000 bitcoins as per the court's direction.FUD too plays a major role in price fall.Also,its price gets affected by negative remarks of celebrities like Warren Buffett and bill gates.

Price fluctuations are the key feature of cryptocurrency!
Many people who do not know BTC criticize BTC for causing people's panic. FUN is the easiest way for BTC to generate wrong transactions! Panic selling caused BTC's price to fall!

Nothings wrong about bitcoin now, it just that its going down it falls down, in market price will he going up or down thats the normal movement of the crypto coins, bitcoin falls down now because of his performance last year, it rises rapidly last year of december, so if it rise last year expect that it falls down in the next movement. So nothings wrong on bitcoin.

With the tremendous Bitcoin run-up in 2017, and the associated increase in transaction load, the network is now showing deep signs of stress. This in turn is impacting people’s impressions of the digital currency and its potential for the future.

One of the biggest problems of Bitcoin is its lack of acceptance as a method of payment. That’s easy to understand. Digital currency might be a great idea, but if no one uses it for purchases, the utility is pretty limited.

With all the hype, why aren’t more people using it for purchases? A major reason is that transaction fees, and transaction completion times, have skyrocketed. Even at its best, Bitcoin is not a speedy transfer mechanism. It is designed to take about 10 minutes to confirm any given transaction. However, in practice it’s gotten much worse recently.

In lieu of these and other problems, the technology needs a lot of improvements for worldwide acceptability.

the end of the year has always been the peak of the glory of cryptocurrency, where the price of each coin will rise sharply
besides Q4, there will be a lot of surprise surprises that can make people panic
and I think this is all still a game of the whales in cryptocurrency

speculations these days are all over the place from what i am seeing which i believe proves that people are not sure about what will happen, although i have to admit they mostly tend to be positive and predict a rise.

 :D The crypt is always growing in booms. Even children grow up not gradually, and have several booms. In this regard, bitcoin is no different from children, and the age of the coin is small. Our business is to understand what events will be associated with rapid growth and be bought in advance.

During the boom of cryptocurrencies was a lot and a lot can happen to us. I'll only tell you about the next three.

First boom.
Last year, bitcoin entered the mainstream, and a joyful crowd drove it to the 20K mountain. From this mountain we have rolled down, because, you remember, the rate can not grow all the time, and investors have new questions.

Second boom.
It will come when institutional investors will be able to enter the crypt, that is, soon. We are waiting for them with open arms, the large crypto companies are already preparing wallets, exchanges and various services for INH. It was because of the lack of this infrastructure that bitcoin stopped its last year's flight – those wishing small and medium investors entered, and the institutions did not support them, because they were afraid of the chaos that is happening in the crypto field.

Third boom.
After the large investors come, the crypt will roll back again, because it will face a new question: how widely will it be used in real life? When this issue becomes acute, it is not clear, but the advantages of cryptocurrencies over Fiat are huge and obvious.
So far, the fact that the Fiat system will go away, is hard to believe.
But you will remember at least how far a few years ago seemed online shopping or refusal of cash in favor of Bank cards. Now this is all reality.

These are just the booms that are emerging in the near future. There will be others after transfer of cryptomate to Mars, implantation cryptocell in the brain and then there is still requires the cue ball to the future. But for now we will follow the events that are already close.

Well, so far to me it seems that it's far more suited to be a sort of digital investment asset that has the flexibility to be easily transacted p2p than a day to day currency. It's possible that it could see some usage in frequent transactions, but it seems to be strongly tending towards the asset class rather than the currency class in my opinion.

Yes, this is all still a game of the whales in cryptocurrency

No wrong at bitcoin nowadays, no one can predict what happen on market price even the investors can't do that. So we just wait for their development.

Check news if its right, falls alarm gets the investors panic.

Nothing is wrong with bitcoin. I think we are creating our own problem when we realize bitcoin price is going down. We should have hope and keep on believing that bitcoin will rise instead of panicking.

People who manipulate the price are the biggest problem here. They want to earn as much money as possible by dumping Bitcoin to lower the price. Unfortunately, cryptocurrencies are still relatively young so people tend to panic easily because they don;t believe in their success. Bitcoin seems to work better than 6 months ago due to growing SegWit adoption and Lightning Network which is still not used by many people but works great. It is a matter of time before investors will start to buy crypto again.

Bitcoin's name is above all in the virtual currency world. But it is impossible to predict Bitcoin's forecast, maybe the experts may mix or not match, it is just guess. Anyway, Bitcoin will love those who keep their hopes. Bitcoin's price will again reach its target. We have to wait for this.

I think the biggest problem with bitcoin is that most people don't understand it.

I'm a programmer and a nerd and I don't fully understand it. This is a problem that assumes bitcoin should be a widely adopted currency, used by the mainstream (as I do). This problem is large, but solving it is easy. Most people only need to know how to use it. All currencies are complicated, like dollars, but once you use them a few times it feels like second nature. People will be a bit awkward using bitcoin at first, but they will get the hang of it. Most people don't know how U.S. dollars work either, they just know they can spend them, how to spend them, and if they are lucky, how to make them.

Another big problem is that governments can't control bitcoin like fiat currency. They can't print it up to go fight wars whenever they want (could be a good argument for bitcoin bringing peace). This is a problem because it's made bitcoin even more volatile, made bitcoin out to be a house of cards that the government flick over with one finger. The government is the elephant in the room full of bitcoin.

(It's a good thing there aren't a lot of Americans who know what went down with Chinese QQ coins, because I think they would have even less confidence.)

The infrastructure is super weak, at least for now. People aren't going to give a shit about bitcoin until they can buy their Starbucks with it. With a whole community full of hackers, there doesn't seem to be very many solutions. We should build something like Square (product) that accepts bitcoin credit cards. Or, better yet, skip credit cards altogether and process bitcoin payments from smart phone to smart phone.

I'm not super worried about the weak infrastructure because I can see how much capital is being dumped into building the infrastructure. For example, Coinbase and Bitstamp seemed to spring up overnight. After using Coinbase to buy, sell, and transfer coins, you'd be pretty stupid to ever want to use Wells Fargo or Bank of America's shitty systems. For now, I'm just waiting for the storm of bitcoin infrastructure solutions to hit the market... it's going to be crazy.

So just cause the price of Bitcoin went through a correction means there is something wrong with it? Do you expect the price to always go up and never go down. Bitcoin network is working fine as always and there is no problem with it. Also at this point I don't think anyone can correctly predict whats going to happen with the price of Bitcoin in the coming days.

We don't know that since the price is moving the same as it is in the past, the only difference is that the price at that time is lower than it is now. There is nothing wrong with Bitcoin, if you will be asking me, it is still the way it is. Bitcoin and a lot of other digital currencies are volatile since it is decentralized, no one controls it and that means the price is dependent on the way the market moves.

I doubt things are as simple as just 'a whale has a big stash that they dump all at once and cause a panic and then buy back in'. The market is big enough with high enough volume that it would take some seriously large and coordinated dumping to have an effect. And even then, the market doesn't necessarily always react the same way. I've seen big dips turn into big rallies just as quick.

Yes i also believe that the whales are just doing their thing, to harvest bitcoin on the panic seller, so that they can earn big profit when the price of bitcoin increase. And also bitcoin drop price now is also caused by many things, just like its volatility, the ability to change rapidly and unpredictable if it will go higher or lower, and i also believe that what happening on bitcoin now is normal because of its characteristics. I think bitcoin will increase its price again before the year ends. I suggest we just need to wait patiently fo that to happen.

i dont know about the price of bitcoin rught now but i hope it just happen for a short time, and i hope that bitcoin price will rising up soon in the future, some people is make a speculation about bitcoin and they think that bitcoin will rise up from Q3 until the end of they year

Nothing is wrong with Bitcoin - just wait up a little

Expecting something unrealistic in really not a traders way and the price correction we are seeing now is a normal phase to a traded asset online. Obviously when Bitcoin reached at its all time high almost everybody took profit and only some have manage to experience losses. Bitcoin more than doubling its value in just a month made this downtrend long as it maybe is making or waiting for a bigger move....

bitcoin prices always change, sometimes rise and suddenly become down again but we should not have to worry and panic with bitcoin prices that continue to decline as it will soon rise again, we should be patient

nothing is actually wrong in bitcoin now. its just that, its going down and up.

In my opinion, there is nothing wrong with BTC prices now, because the Crypto market is always volatile, they never stabilize the price, so you do not worry too much when the market drops so, in my opinion. In the near future, today BTC price has increased slightly and this is the first step to the growth of the Crypto market.

I think that the price of bitcoin is now specifically held. In a month or two its cost will be released and it will fly to the moon again.

Youre right on this mate,those people whos looking about recovery from December price are the people that know nothing about Price Correction in which what happens in january thats why bitcoin wont ever go above $15,000 this end year,and we must be happy if this coin reach atleast $10,000 until last quarter of this 2018

I think every price on this bitcoin can not be predicted by us or the maker, which of course we expect the price is high for us to profit.

hopefully in the future can be predicted with concrete and also certain, so that we the user is not confused with our income, and also easy to regularly we manage our money wisely.

if the price also rises then the need will also rise also in accordance with the currency we have today.

the market performs its duties as a place of sale and purchase transactions. so, what happens when the decline is commonplace is common. I guess depending on you can find a gap of any setbacks. and look no sooner then the green market returns.

there is nothing wrong with bitcoin, the name that pegged in bitcoin is that really matter and what is the name that pegged in bitcoin, it is a scam it is hacked,
whatever. I still believe that BTC and cryptocurrency is the future currency.

Some bitcoin proponents hope that they can reap a lot of benefits when bitcoin prices soar but others want bitcoin to be global currency, I think it would be difficult to achieve both. If you just want a lot of benefits for now, do not expect bitcoin will bring you better in the future. Because if the bitcoin value is not stable then it is difficult for bitcoin to become global currency.

Just have patience, with all the institutional money coming in, a strong base is being build. Only patient people can reap the benefits.

Actually, nothing is wrong about bitcoin. its a business! come on guys, expect that it will fall and then rise. bitcoin is just like any other businesses.

Actually there is nothing wrong, but in every market price when investing there should be an increase and a fall in prices as a result of market fluctuations so there is no need to panic if the current bitcoin price drops because I believe the bitcoin price will increase again someday and will be stable again again.

It is normal with the market. In last year bitcoin even lost more than 20% of its value before go up to 20.000 usd. If the price doesn't go up and down, it looks like a balloon.

I'm sure bitcoin will surprise many people, for investors do not panic about what happened to bitcoin, just believe in bitcoin and I'm sure bitcoin will rise someday. There is nothing wrong with bitcoin because the bitcoin market is fluctuating.

I am speculate to expect bitcoin prices that to be stagnant to $ 6000. That's my worst estimate of the year. I think the bitcoin error is that bitcoin does not immediately renew its technology with renewable technology so bitcoin is not abandoned by its users. Now, many investors or rich people move investments using altcoin. Bitcoin is less competitive with other altcoins that tend to be technologically superior than bitcoin. Therefore, I can only hope that bitcoin immediately fixs itself so that the name that has been built is not lost by time.

In the Bitcoin world regulation takes place. And while this situation is being decided, it's only possible to dream of increasing Bitcoin's price to $ 20,000.

I believe that there is nothing wrong with the BTC.
These are normal childhood illnesses. The BTC will develop well. The scalability, speed and cost of transactions will settle thanks to Lightning. The bad news will stop and the price will rise steadily in the future. Volatility will subside and it will become an asset class.

bitcoin I think can not be concentrated in a country's currency because of the amount of the price can not be stable.by because that piece of the country forbid to ber of transactions with bitcoin.yes we see later in the future

Well I can see it is only facing market challenge, that market must remain the same all time some days are days of red you know it is only obeying the law of demand and supply that is why

The only thing currently wrong with Bitcoins is the naive investors who are always quick to go sell their bitcoins whenever they hear rumors that there is ban forthcoming from one of the popular crypto countries.

nothing wrong with bitcoin, bitcoin is in low demand, i think end of year will be get high demand

It's OK that BTC  price can go down and we shouldn't be afraid and worried about it because soon it will rise up. Cryptocurrencies are volatile but it is OK for the market

I think it would be a common thing if bitcoin has decreased in price and it's one of the risks in investing with bitcoin patience and confidence in bitcoin that investors need to do in investing with the current bitcoin

Actually bitcoin value failed start 2018 year and now have been running.it is demand full price for the bitcoin holders. Because bitcoin holder their want to buy bitcoin of the lower price and will sell higher price.i know bitcoin is a popular currency and holder, trading, investor increase day in day..

All these are mere speculations,$8000 is not bad for bitcoin presently. We know there are a lot of factors affecting it but we have been here before. No cause for alarm

The wrong about bitcoin now is that there so many users of bitcoin. It is increasing rapidly. Members and investors are growing. The rates of bitcoin is very low. Sometimes, dummy accounts are also made and is increased everyday.

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https://medium.com/@virtualsteve/whats-gone-wrong-with-bitcoin-and-can-it-be-fixed-in-time-71c19acdc20a

Nothing is wrong with bitcoin.Actually now the investors in bitcoin is increased compared to last year.The reason for the price drop is simple.It is due to the some country announced bitcoin as illegal one.The investors in that countries,sell their bitcoin at low price.

To own bitcoin  is not very is very wrong mate. If someone will buy bitcoin from me, as long as they have the capability of buying even thought that the only name is bitcoin so if it was just a dummy account, it is a not problem.

Nothing is wrong, bitcoin is completely fine. If you are new to cryptomarkets you might be bit cautious cause it doesn't really increase at all. But don't worry and stay patient bright days are ahead of us, it will happen.

From $20,000 to $7600 as of now, it's totally sad those investor who are invested to bitcoin when the price is very high. The only way to see the price of the bitcoin increasing again if we have unity and support bitcoin right now because of what happening. There's nothing wrong with bitcoin the price is how the investor care bitcoin.

The only problem of bitcoin now is its people. The continues forecast of negative things which leads newbies to confusion and not investing on it. Scams sure are plenty these days but we should not be discouraged about investing on ICO because sure there are also a lot better.

Agree the only reason why the price of the bitcoin decreasing because most of the people who are hate bitcoin spreading false news about bitcoin and that's negative . The people are panic selling their bitcoin so the price decreasing again the price of the bitcoin not increasing what bitcoin price already reached before.

There is nothing wrong with bitcoins, there will be always a time where the market is dumping and that is not a problem, dumping of prices is not problem because it lets invest even more, traders can always use the volatility of the market in order to earn more profit.

I dont think that that is the reason why bitcoin suddenly fall. its not about those false news or fuds etc. But it is because of some whales  did sell some of their coins. other reason reason that i can think of is maybe some other people also sell their coins because they badly need the money for school fees or for buying a school supplies because we are now on the month of june and june is known to be a start of the class but as soon as the month of june has passed , i strongly believed that btc's value can recover again.

That's just nonsense. The few noobs that might have ended up selling, in no shape or form have the ability to dent the market.

Did I sell because of fud? No.
Did anyone around me sell because of fud? No.
Do most people here sell because of fud? No.

Most people in this market are are utter noobs, so if we had to go by your logic, the price would have gone down to the floor with how thin the market is.

People hold because the price has gone down to such degree, that it doesn't even make sense to sell anymore. To add; if you observe the market, people are more willing to hold their coins than ever before, regardless of what the sentiment is. Bitcoin is the digital Gold that people are hoarding. Selling now means regretting it later, quite some people have realized that.

the bitcoin is now down because investors and miners hold lots of bitcoins and sell it at high prices and are in a big deal and so reduce the price of bitcoin down but we should not worry about this because such a way of processing bitcoin.

Well, bitcoin is just on a crisis where events are likely one of the reasons behind it. We can't also count off those whales who are moving or selling their bitcoin most especially those people who got panicked and sold their crypto assets in fears of losing their investment. But for true holders, they just simply brushed off and never mind holding no matter how low bitcoin can get.

no one can predict bitcoin prices properly, as we know that bitcoin prices are always changing and we have to be prepared with them, no need to be panicked and negative-minded, as bitcoin prices will surely rise

Nothing is wrong with Bitcoin but actually all is wrong with us because we have no patience and no mindset to stay in the long term market that may be trading or investment. Actually we have a problem in this market and we can not survive like this, in order to remove this weak point we must have to hold our coins for long term and to consider the market before entering as a long term market.

Nothing is wrong. We are simply going to fair price: $2-3K.

There's so many reason that's why bitcoin is on not nice price but I think in any circumstances I believe that bitcoin will recover for this situations.  Just we need a patience.

Nothing looks wrong with Bitcoin. What to you think is wrong with it? What I think is wrong is wrong with your strategies. You should be good enough to make great decision rather than making panic decision if the market is red. The price of Bitcoin is appreciating and the stability associated with it has been on the rise. This thing will be of great profit in the future.

if the bitcoin price drops because I believe the bitcoin price will increase again. That's why life itself is up and down so I do not doubt either in business or price determination up and down. because in every market price when investing there should be an increase and a fall in prices as a result of market fluctuations so no need to panic

The most important thing is that we do not experience panic because it will only make things worse. Decrease in bitcoin prices should be accompanied by a calm attitude so that the market will not experience panic. Panic will only destroy the market because then it could be the price of Bitcoin continues to decline with uncontrollable. With calmness and patience, the price of Bitcoin can regularly increase and be on a much better path.

As long as the demand of people is with the Bitcoin and its support is for the Bitcoin then no power can stop the Bitcoin to grow and gain popularity.

We have seen that even the lowest value of the Bitcoin is 40 times and more than that for other coins is more than the other coins and the fiat currency as well. The market will soon recover as we know and have experience of previous markets in which we have seen its recovery.

We are talking about a currency which survived a lot in difficult situations and this is the success of Bitcoin and is improving with the passage of time. The fall of market value is not permanent and we all know this reality as the market recovers after each fall and this time same will happen. The price yesterday improved from 6.2k dollar to 6.5k dollar today so this will increase as we have observed situations like this many times in the past.

There is a lot of fud and the price is more than down because of that, but this is normal and we all were expecting this after all that huge bullrun during the last year

I think the main reason why the price of bitcoin is dumping like this is because of those FUDS that are spreading from those crypto news sites that brings fear to the holders that can cause of panic selling and the most affected is the price of bitcoin.

Its normal for the prices to decrease or increase today because the market is volatile, just follow the simple rules like buy when low and sell when high in order to avoid losing a huge amount of profit today while the market is dumping.

Some people still feel that the price is being affected by the futures contracts, I'm also obliged to agree. The sudden slump may have been due to it, and that in turn has caused panic selling.

There's nothing wrong about bitcoins or even the entire cryptocurrency in the market but most of the people today are planning to sell their coins and that is the reason why the prices in the market is keep on decreasing more than increasing, maybe there is a fud somewhere that keeps on spreading that makes the price of every cryptocurrency in the market to dump.

You say there's nothing wrong with the market, with over 1500 cryptocurrencies and still counting, in the market today, with more than half of them not having real world practical application, it makes the market a lot more unstable.

All around repeat only about growth, but bitcoin since January everything falls and falls. How can you be so sure of your future growth?

Today's market situation is not new, it has been repeated many times in history. Look at the graph 2013-2017, at the end of 2013, the MTC cost $1122 and after fell to $213, and then until 2017 could not recover, for 2017 - there was an increase to 20K.

There are 2 good news:
- We are now close to the bottom and are bought at sweet prices. Imagine that you are in 2014 and buy out the levels of $300 - $400
- If in 2013-2017 the cue ball took several years to recover, now the correction is much faster.

The fundamental reasons for the growth of the rate above the roof, the rate falls due to speculation-strong players squeeze out the weak. 100 times argued in favor of the fact that the crypt is now waiting for big money and going to give them all the time.

One of the only wrong this the people who are panic selling their bitcoin if they see only a little decrease price they panic so the price decrease more instead of little only. From normal decrease to dump because they did not control they self to panic self during decreasing price.

Beginning in 2018 is indeed a tough start for bitcoin due to strict rules of some countries, such as China which take decisive step on the exchange of bitcoin. The Bamboo Curtain country also oversees the business executives of bitcoin-related companies and this may have impacted until now that prices are declining.

True, all these time, bitcoin had been striggling up and down. It startd with the least velue it could be and was able to reach 20k USD. So it would never be impossible for bitcoin to return and recover. What's happening to bitcoin now is just the effect of its volatility. Otherwise if we always experience good harvest in bitcoin then when it happened that it will go down, all of us will surely cry.

there is a lot of fud on the entire market and we are slowly seeing everything going down and down, but this is normal, i think that this bear season was needed

Nothing's wrong with BITCOIN it's just the people who uses bitcoin are the one at fault for this dip/dump. Many have spread rumors about bitcoin that it was bad for investment and a bubble on some kind those kind of rumors was affecting bitcoins potential to grow slowly to worse lead to dumps.

There is nothing wrong with bitcoin, the real problem are the people, they somehow expect that bitcoin violates all rules of economics and want that bitcoin always go up in value and that is simply impossible, the price needs to go down as well, this market is made of people and when the price goes up some cash out, some need that money for something important or some other reason and that decreases the price, just wait and the price will eventually recover.

It's all supply and demand And people need to remember that 6 * 24 blocks of 12.5 BTC are mined everyday. That's inflating money supply that needs demand to offset it from causing a price downtrend. That's in addition to all the other selling that goes on normally.

I dont know what happen with bitcoin now. The price now very down and i dont know when the price will go up again. Many negative news about bitcoin and make the price down.

Indeed, not always bitcoin is in good shape but sometimes it must be in down because that is the rule of market, bitcoin was so volatile it cannot stay to as it is now, there will be times that is high and low hence all we need to do is do the thing we want in appropriate way like sell if is high and buy if it low. There's a circulation happen in a certain market so expect that the particular coin or asset will never stay forever as it were.

Markets are changing with the passage of time and let me tell you the truth and positivity we had in the previous year that came after drops and falls so why we have negativity this time this year in this low market? We should think positive and wait for the real time so that the market demand increases in the future and we enter into the high market where our investments payoff.

Well for me, bitcoin still has a normal market trend nowadays though we have seen it dipped at around 6.5KUSD. This market situation is not bad enough for us  because we already know the volatility aspect of bitcoin. It will rise in a perfect timing and for the meantime, it would be smarter to take the opportunity to buy bitcoin at cheaper price, in order to have huge profits in the future.

I see so many posting "BTC price is low now so buy buy buy", almost everyday there will be a few similar post.

All with the same logic - buy now get huge profit later".

So I'm safe to say that almost everyone is in for the profit $$$?

It the BTC price crash to new low, I guess 99 out of 100 won't be posting anymore, right?

It is understandable and we should not worry about our investments because those users who invested last year came up with a huge profit at the end of previous year 2017. Similarly, we are looking for investment in this low market so that we may get the huge profit at the end or in the upcoming days. If the market continues its increase trend as it showed from yesterday then we will be standing on good positions in the upcoming days.

Everything happens on cryptocurrency market today is just normal. We just witnessed the moon on the last quarter of the year 2017 and it will be odd and inappropriate if it will be on moon forever. Market is alive and moving from time to time. So if we are more patient, we can still witness the moon on the future like what happened last time. The history repeats itself though.

And why do you think that somethng is wrong? Haven't you figured out that volatility is quite normal process and that price is changing up or down? At the current moment the price is changing for worse, we are facing price correction but there is nothing wrong with bitcoin, it's just going through normal dump phase but it will recover. For the nature of bitcoin it wouldn't be normal that is always rising.

youre right mate.this is the problem about this people that only looking for the prices thats happening in their

front but not checking what had happen on their backs,history tells us what would be expect in near future as

 what had happen for many years ago.

This is the truth in crypto world prices always struggling and so many reason's why this is happening. Our options in this scenario of struggling price wether to hold for the meantime and buy some more for holding long term.

Compared to other currencies the inflation rate of bitcoin is very low and one of the reasons of why I think that we see a huge pump in the market has to do with that, if adoption grows faster than inflation this creates a deflationary state in which people do not want to spend their bitcoins and hold them instead and the reason the price is going down right now has to do with the fact that more bitcoin is circulating and being used as a currency.

There is nothing wrong about bitcoins but there are peoples today who are spreading fud in other countries that is making the price of cryptocurrency either to drop or to increase even more.

Nothing wrong with bitcoin price. it is normal. All of us have seen big bump in the price at the end of the previous year and we are expecting the same which is not happening again and we are panic about the price. I think it is normal and according to the market cap. With the passage of time it will increase but don’t expect any big up again in the future.

I do not think some thing is wrong with Bitcoin. There is just fall in the prices and the market is red but this is not going to last longer and due to its inbuilt ability to move back to equilibrium. At equilibrium, the prices will be again high and there will be good stability in the market prices as well as a result of which the market will boom. It is just this part of the market that is being adored by the potential investors and cashes their money right away.

We are well aware of the market and its reactions; the reaction of the market is due to the unfavorable action of demand. When the demand rate reduced the value also reduced and has reached at this current position now. This market is also favorable for buyers and we should get benefit of it. The current market can recover anytime soon and we should be alert in the market.

Really? I thought the lightning network has been implemented to clear some of these hiccups and was hoping there'd be some good news on a full-frontal drive for adoption.

one long-awaited news bitcoin again rise in price, your opinion is true when bitcoin has decreased a lot of about 15% and followed by the amount of volume decreased, a few moments ago bitcoin prices seems not moving up and down is not too significant, my prediction related price bitcoin for short or around 1-3 months bitcoin prices around 11K to 13K, hopefully good news bitcoin will soon be rumored one of them with the price on the market, may be useful, stay calm and successful for all of us

What are you talking about? The mempool is almost empty right now and this has been the case for some weeks already, you can send a transaction and get a confirmation for just a few satoshis in minutes, this is mostly due to the decrease of the demand of bitcoin but if you are looking to move your bitcoin cheaply this is the moment to do it.

I think bitcoin is nothing wrong but there is bad news attacking bitcoin prices that makes bitcoin falling and this seems very normal because bitcoin prices will only move up and down, after the fall will usually go back up and the price recovered.

bitcoin after having a very high price suddenly dropped at a very low price, but I still believe that it has become the character of the crypto currency and one day will have a high price again so that holding is the right choice right now, not need to panic

I'm not even hearing major fuds right now dude that may greatly influence this correction. It's likely either the normal correction that's continuing up until now or the market's being manipulated by the big fishes. These are things that we can't do anything about

There is a big difference between a prediction and speculation, a prediction has some basis in reality while what most investors do is nothing but to speculate a price is going to reach a certain level and yet they have no evidence for it, so nothing is happening in bitcoin, except the fact that many people are experiencing the first bear market of their lives and they have no idea how to deal with it.

That's the usual can happen in bitcoin it will drops after sudden increase at all time high. Instead of worrying of this price that no movement we have to hold. Once their is adaptions take place bitcoin will increase at least.

Bitcoin value is currently strangling to survive the market value decline as the activities of whales and that of the panic sellers are doing at the moment are all responsible for the recent decline.  Although we believe that Bitcoin will bounce back from its current market value to what it was late last year and above.

There is nothing wrong about cryptocurrency or birtcoins but the traders has a problem because they sell their coins at the lowest price even the market are currently dumping the value due to pressured holders who are selling their coins right now.

Yeah, we are in a low market due to the low demand rate the price fell down and will be falling down if the rate is reducing more. However we have seen many situations like this in the past and have seen the value recovered after a down fall. Whenever the rate of demand increased then the price will also increase and we will be in standing on a good and favorable position.

If you look at price in long term then you will see price only goes up and pumps and dumps are normal ,we neednt every time make any vs , for 4 or 3 weeks BTC has gone to ATH.

Yeah, I think it is normal what is happening with bitcoin now, I am sure it will recover again, just hold all your bitcoins that what you have right now so there will be no regrets in the future.

The value of bitcoin is constantly changing, and is seemingly hard to control and predict due to various factors. I think what's wrong would still be its volatility, the wild market swing. In tough times like this, to help overcome the situation and put ourselves at ease, it is very important to embrace the reality of volatility, continue learning new ideas, learn to strategize, be positive, and stay patient that price correction is not going to stay longer, there's still a hope that recovery will happen sooner.

I think that recovery for a moment was still crucial since we're at the midst of dipped value of bitcoin. Learning those ideas still hopeless even though you developed confidence with your trading habits, because if you can't control your emotions you won't be able to cope up with frustrations. These days you should be more courageous to face the challenges that hinders the price to achieve a profitable value.

Yeah that’s what I am thinking also. We are expecting that the price will up again like the previous again but now it is normal. If the price of bitcoin increased according to the market capital the price would be the same which is today. So we should not be panic about the price of bitcoin and be patient to wait for good times to come.

According to me their is nothing wrong with bitcoin.Whatever is happening is common. No doubt at present value is bitcoin is really very low.This is the lowest value of this year.But their is nothing to worry.Bitcoin will recover soon.But from last two three days we can see that value is slightly rising and hopefully in coming month value will reach at least  8k. So try to have patience and don't panic.Stay calm and keep on investing in BTC.

Bitcoin is a currency and every currency has some their own rules and they maintain those.By the way,Btc price will increase soon.Don't afraid to invest.Every platform has ups and downs in crypto world.

Nothing is wrong with bitcoin. Just because prices go down doesn't mean bitcoin has something wrong with it. I believe bitcoin is at its best since its started. It is a project thats constantly getting updates. We will see lightning network soon as well where people can send thousands of dollars for pennies which will make bitcoin the cheapest amongst others once again. This time next year it will probably have something new again, 5 years from now it will have bunch of new stuff, it will go on developing itself.

Don't worry so what if it drops 15% it's volatile it can decrease then it can increase its a just a crypto's nature even stock market also obey this rule.Well, yup, it was trading around 19,000$ but since people want to enjoy and spend there Christmas they sell out there coins which increase the supply and decrease the demand. About predicting well its hard to predict bitcoin's price there's massive possibility that predicting will become wrong.

Bitcoins prices right now is slowly dumping because of some fund that is actually spreading on other countries and people are worried about their coins which leads to panic selling their coins.