Bitcoin Forum

The current market has a lot of good news. However, the bitcoin price is not only not increasing as expected but also continuously decreasing, causing many people to lose confidence in it. Bitcoin prices continuously dropped from the highest level near $ 20,000 to nearly 6,500. $ current. Do you think there is an organization that is making bitcoin to buy in?

Bitcoin grew way too much, way too fast.

It wasn't healthy. It wasn't natural.

If you want organic growth, you have to get mass adoption.
Not a ton of crazy speculators going long with X10 leverage, driving stuff up.
Not an exchange printing money in the basement, (and refusing audits, etc... Who could I be thinking of. ;) )
Not a bunch of bitconnect peeps looking to make a fast buck.

We need people buying groceries with bitcoin.
We need your union to exist as a smart contract.
We need your library to have all its content available on a blockchain.

That's how things will advance. Hopefully we'll get there.
But the clowns thinking that 1000% increases year over year are going to happen, are just crazy.

I'm not sad about it, either.
Shake the loose hands out. We don't need 'em anyway.

Maybe it could happen and there are other organizations that want to buy bitcoin with a lot when the price goes down like this, and we should always think good about bitcoin prices and we can take advantage of current prices to buy bitcoins and hold until prices rise again, and we will definitely feel the benefits of it all.

I once thought that the bitcoin price fluctuations are not completely real follow the normal trading flow, I am very confident that price fluctuations in the market have been played by a number of parties. so the price of bitcoin is very volatile

While I feel it is likely somebody is pulling the strings behind a curtain so to speak, it is impossible to prove such. Because of that we could theorize all day about what is happening, but realistically there are more than just one factor at play here. The media, the participants, and everything in between plays a role in how the market shifts, I doubt there is a "cartel" out there moving the needle (although if there was, I would love to hear more).

Someone is deliberately influencing the price negatively!
when can we start mooning again?
too much dumps in these months...

i think current market fine now and can growth

Yes, the market is not in very good condition. in the summer, the market is always very poor and few people are traded here. on this need to wait.

I really think that whales are currently manipulating the values of bitcoin. The weaker hands are always the one who loses when it comes to tug of war of crypto values. If you believe in the technology then we hodl and wait for the market to go uptrend again.

Obviously, the surge to $20K is not natural and the market went fully FOMO back then. The bear has tried many times to break $6K with no success. I would say that the bottom is in but I'm not sure because despite all the good news (LN, SEC), the market didn't move up by much and the volume keeps decreasing.

Not anytime soon. I'm talking about years before the next moon :D

Actually the current market is not good time now,already volume huge decrease in this year. Think is soon Bitcoin market again come back before 2017 last year. Basically lot of trading and holding people waiting for upcoming days.

I observe that today the market is still not so good. But I just hope soon the price will rise. The investors and participants have a big influence in the market.

In recent days, market value is very difficult to judge the trends can see. with almost daily gains. but it is maintained. Marketcap fluctuates around 2 billion. And today, a new beginning is beginning. I am waiting to see a new trend.

There are more of those who believe that the market right now is bring manipulated by certain institutions or individuals who are large whales in the crypto world. It may be possible and I believe that there is really a reaction of the market if the crypto whales will act as one. However, I believe that it cannot be sustained the way the down market right now has been acting. The crypto world is worth hundreds of billions in US dollar. It cannot be easy to manipulate especially in terms of months. I believe the market is naturally moving right now.

the volume has not decreased that much and that little drop was mainly because people are not sure where this is all going, they mainly wait to see what will happen before jumping back in again. for now there is a large amount of money out of the market and watching which is why at times like this when price recovers we see a huge surge upwards that is too sharp

Well even I got surprised by the sudden skyrocket of the bitcoin price but as the bitcoin price decreases until it reached the current price we have i felt somehow that it became realistic. Though the instability of price remains. Well it is disappointing for people who have bought bitcoin at higher prices

current market is at the moment down trend in phase of distribution and accumulation phase where big whales can push the panic sellers to sell their btc to accumulate more btc by big whales  example  if  suppose i am a whale i have 5000 btc i can sell at 7500$ i can bring the down price 7000$-6800$   so i can accumulate more usd  when people is feared and sell off their btc trying to go buy back at low level that time where whales enter and buy back to push the price up  panic sellers again rekt they will buy again with high price .

holding or accumulation is only good at this point of time in this current market scenario  flipping on coins is ok to get some alt's cheap  to keep for next bull run phase.

Maybe yes, there would be some organization that willing to take the risk of this system and still looking at the brighter side of it. The organization that has a strong foundations and has a positive thoughts that bitcoin are good for investment especially now because it's in a dip season. However, I believed that there are still a huge of bitcoin believer and supporters that willing to invest more of it because for sure it's movement will be change soon and perform a better one again.

I think it sucks! A steady increase in the price will help to build investor confidence and more people will invest as it goes up. The huge spike of last year, destroyed my strategy to buy low and to sell at a slightly higher price every week. I made smaller profits every week, but now the market was turned upside down and the price is doing the exact opposite of what it did last year.  >:(

Let's hope it bottomed out now and that the trend of last year of small weekly increases will repeat it self this year.  ::)

it is not continuously decreasing. we had the big fast rise which needed the correction. the correction happened as it should have and everything was fine and market was nearly back to normal when the whales decided they are not satisfied with the profit they have gotten so far. there is no organization to manipulate but there are people with a lot of money who do it. then price started falling from then (around $10k) until now with big manipulative dumps on the market each time it reached a support line.
now we are left with a market where most of the money is out waiting for the manipulation to end so that they can come back in.

In this system, buying or investing in the downfall season will be the best and right time to catches the eyes of big investors to do investment to it. There will be the big sense of it that if the value of btc are in down it means that there will be a huge of benefits of profits that can be able to earn in the near future so for sure there are a lot of organizations that eagerly to invest into it.

According to current market news, Cryptocurrency market shows us bullish sign We have an opportunity to recover lost money.

I think this is common matter market is up and down but best solution is you can hold your patience and i hope market rise again

Honestly I've been here for a long time, but I did not understand a single phases.
You have to trust your believes - and go along with them - or just dump now and never regret in future ( do not look the chart even more means ) - because NOONE knows what this is pointing.

I still think crypto world have a huge opportunity to disrupt the economy and really changes something here, but for now it seems to me a pretty exact scheme of traditional finance where short-time investor came in to speculate for their own purpose not looking at the big project.

no doubt that the whales are playing but I am still enthusiastic about Bitcoin.

We alwaus comparing the prices with the all time high where the problem of panic starts but I never expected that the orice will reach that much fast in 2017 but later it made into correction but still the price if bitcoin raised oretty much wehn comparing the price of bitcoin at the beginning of last year.

Probably, the influential investors are influencing the price of bitcoin and thus it is dropping to this level. I think this is temporary. The price will start to increase soon.

The collapse of bitcoins is a good advantage because we can buy cheap cost. So let's take advantage of today's cheap bitcoins because we get a huge profit here when the price of bitcoins is back. And it's definitely going to increase when the whales buy again, and big players here in the crypto market

the current market sure look pretty bad for me. i dont know if i want to buy or not bitcoin but im very sure when this all over bitcoin will be skyrocket again. that time you sure dont wanna be late to jump in. but now let sit and watch the market only.

I think it is a natural phenomenon in marketing and trading. In simple economics, the higher the supply of a goods and demand is low, the price goes down. On the otherhand, the if the demand of a product is high and the supply is low, the price of that product rises. Based on this principle, i see bitcoin to be more in the system and that most people are not demanding for it. Thus people are dumping their coins day in day out while the buyers are just a few. In that case sellers have to decrease it in order to survive in the competition.

I think this current market situation is perfect. Very perfect! It sends jitters down the spines of weak hands and those who think cryptocurrency is the easiest place to make money. This reality should shake them up or even chase them out of the industry. They are mostly responsible for the constant dumps and price crash. I like this situation but my only regret is not having enough fiat to buy into this bottom dip. Anyone who isn't buying the dip will surely regret it a few weeks from now.

Yes, it is true. I have seen the price of Bitcoin dropping incessantly since some time and it is not good for btc, but I am very hopeful for the future as it has always regained its position back in the market. Paragon coin, however, is now going towards a rise with its Paragon Space’s launch. It is going to be very great as the users are increasing in number.

I think there are too many bubbles in the market today, especially some new coins are worthless, which is why the market is declining.

Will for me there are big holders who currently control tje price of bitcoin as we can see almost 6 montjs of continuously drop its price from its all time high though we see some recovery but its hard for bitcoin price to surpass the 10k$ territory maybe market want to squiz more to weak hands to sell their bitcoin and only real investor and strong hands left.

Could not have said better myself.

But there is still a question (which I don't find an answer to)...

Greed. As you mentioned, Bitconeeeeect people and those with a similar mindset, just praying on everybody who's not so informed or simply unlucky. These kind of people are the biggest blockers for world-wide market acceptance of Bitcoin ( IMO ).

Bitcoin has always been fluctuating in the market but it has always come back to its normal state and value so it will be wrong to say that it shall be dropping in future as well. It can easily be back to original. Lamden, however, is at a state where it can easily grow as it is coming up with its new exchange.

I think the market is adjusting more and more difficult for retail investors, gradually bitcoin will become a playground of large investment institutions. Smaller investors will find it harder and harder to make a profit.

Many experts said this year's price all time high will be 60k USD with 6k at lowest.
So, this is the best chance to enter the market now with the lowest buy price.
No i don't think there is an organization who make this price going up, but this is the time for anually bull run

so far the market is bearish.it will take some time to show bull run again.after the unexpected price spike in 2017 bitcoin going for massive correction.but the current position of bitcoin has a strong support that can't break easily.so no need to be panic.just need to hodl bitcoin and keep believe in bitcoin.situations like this happens in bitcoin history.but it recovered more stronger.so nothing to worry.

although the news about bitcoin is currently good, but this news has not been able to make traders move to buy bitcoin because it is still low bitcoin prices and has not increased yet.

The market will not easily pump even if there's a lot of good news because investors are quiet not sure if its going to pump now or it will continue to dump. I think there's a group of people who are investing with bitcoin but I think they still waiting for the strong signal of a bull market, let's see this in the coming weeks.

Yes prices has not increased yet good to buy btc these days. Even price not yet increase we can wait for a while until such price can increase. We can be patient this time since current market is down.

I think mainstream media still has no idea about crypto, and the only real coin they know is Bitcoin. Something will happen that will reignite the next wave of new money into Bitcoin, it's just a matter of when.

As for market manipulation by the big guys, probably. No doubt a lot more people now follow Bitcoin after the last surge in December, and with more eyes on the market would could mean more big money making things happen.

whales can always control the market price, they use their money to set the price,
I am very concerned about the market conditions today
now bitcoin started hard at tebah, could be today bitcoin rise, then 1 hour then down 20%
and could have gone up 20% in a matter of hours as well

current cryptocurrency market caps is so low and cheap that if i sell altcoins and bitcoin, i will faces a lots of losses.so i think not selling only holding bitcoins and etheruem. next time bitcoin price go to the moon.

falling and rising prices are normal in the crypto because it is already characteristic of crypto and now prices are falling and many people are panicking to sell the coins they have, but that will make the price go down again

We cannot really say that the current market is bearish because the way BTC grow in the last 6 months is so unpredictable. Any industry with such immense growth will definitely fall and that is what has happened with BTC. It is currently correcting by itself, it should settle down anywhere between 4500 to 6500 USD. Then we could expect a stable growth going forward, this is just my thought.

Crypto market as of this moment going strong and there are sudden stops on volatility or the day trading activity has been minimized due to a strong market for crypto. This is good news to all especially to those who are having some small scale investment. This is a great relief from getting worried from the fall of crypto market price. Now we a good sights and this could be a good time to invest.

Whether someone is manipulating it or not, many people are getting disillusioned by the downward trend of the prices. They can't cope anymore with the psychological demands. I'm sincerely concerned about what this means for crypto.

This time the market is having a bad thing for all types of altcoin with the decline of Bitcoin price becomes a nightmare for all types of coins.

the market is now stability and trying to be positive

Of course yes, I believe that there will be some organizations that willing to invest in bitcoin specially in this season because btc value was so down. It is considered as big opportunity to them to buy more of it because they are pretty sure that it will gives much benefits to them.

This is what happening right now and we cannot avoid it, let's just all hope that this will become temporary and it will recover and rise again very soon. We need to be more positive and have a long patience to hold our assets.

If the price is continuously dropping we would've seen it go under $6,000 and hit a new low this year. I think the current market looks good as long as the price stays above $6,000 avoid hitting a lower price floor. I expect that these manipulation will still continue for the next couple of months and that will prevent the price from reaching $10,000.

Are they really experts though?

Bitcoin price drop right now because many negative news in market and peoples panic with that news and they sell their bitcoin. I think it can be some investor using this moment to buying more bitcoin because its an opportunity buying bitcoin with lower price than highest

About the current market, I think there are no possitive news yet. At present, Bitcoin's prices are still down. This situation has long been in existence. But it is expected that at the end of this year, Bitcoin prices will be high.

Fantastic. You made my post for me. You obviously either were there in the beginning or have read about it well.

Nice and fruitful statement. Bitcoin has not passed so many times after its launch. Even it fly so high before peoplpe understand its science. However, it is growing and will grow more gradually.

my opinion is now artificially pressed on the bi-nutine, very large investors want to enter it, but on condition that it will cost 5000! now a temporary correction, and this is normal! thus the crypto market knocks out weak hands! I have a few friends stopped investing in the crypt world because of the fall! I believe that the crypto market for patient people! always after the fall was growth! it just so happened, then it was delayed! I expect a bit of bitcoin growth this summer, then he'll go again to correction! but in December - the fun begins! At the end of the year we will see new price records of bitcoin!

I think that there is a manipulation of the price of bitcoin. Someone deliberately continues to play on the depreciation of bitcoins. We are told that the last fall of the crypto-currency market is caused by the hijackings of the exchange and exchanger in South Korea. This is rather insignificant information so that the market reacts so much to it. At the same time, a lot of positive information has appeared recently, to which the market for some reason does not react so much. It seems to me that by lowering the rate of bitcoin, they just want especially the newcomers in the crypto currency to get scared and sell their expensive bitcoins at such a low price. Only after this, the market will start to rise again. However, in any case, it will soon be up.

Well we should not always expect the market to always be moving in a positive directions at some point the Price of bitcoin will fall continually in other to make it possible for new investors to be able to come on Bord and again for the chart to be corrected, bitcoin is a commodity that thrive on the economic law of demands and supply once the level of demands changes it will definitely reflect on the Price. So the fall in the Price of bitcoin is due to low demands.

I am not against bitcoin but I think that somebody or some group of investors are manipulating the price of cryptocurrencies, especially bitcoin.

this is normal i think we cant receive an increase always their will be a time for decreasing also but this decreasing will be a big impact to the price of bitcoin later. because last year bitcoin pumps so high thats why this year will be more pumps for bitcoin.

Obviously the market price should not always increase because people will not gain profit if the market price is just continuously increasing and that is the reason why cryptocurrency is profitable its due to the volatility of the market.