Bitcoin Forum

Peak - 16 Dec: 20.000$

Dip - 30 Dec: 12.600$

Peak - 6 Jan: 17.100$

Dip - 5 Feb: 6.900$

Peak - 4 Mar: 11.500$

Dip - 7 Apr: 6.600$

Peak - 5 May: 9.800$

Dip - 28 Jun: 5.800$

Peak - 24 Jul: 8.400$

Now we are at 6.200 going down to the next even deeper dip

This is the long and slow death of Bitcoin as there are not really anyone new who wants to use it (let's face it, there is no use at all, only "investment"), and as current Bitcoin-believers are slowly becoming fewer and fewer, the price will continue this long slow death-spiral

Maybe you're right but what if Bitcoin ETF gets approved? There will be new money in the market, demand of Bitcoin will increase and so will the price.

Bitcoin's situation will not be positive in the short term. If the year-end targets are high, the situation is not so

No. Everyone who ever wanted to own Bitcoin basically jumped in when we saw the ATH of 20.000$ thinking they could get rich quick. There are no new possible investors out there. And as more and more Bitcoin owners begin to realize that we will never get back to the bubble-high of 20.000$ they are slowly leaving. Bitcoin-believers then "buy the dip" as these people slowly exit, causing the price to go up - but these peaks are getting lower and lower because there are fewer and fewer people involved.

Correct. But it is also not positive long term

That is a pretty hefty statement to make.
20k was the peak of a bubble, the price increased extremely fast. A correction had to follow.

But this does not mean that bitcoin won't reach this price again. Especially if you look at the adoption rate and the development ongoing.
The development alone is improving the protocol + usage, which increases the value of BTC as a currency.

While it is foreseeable that BTC won't reach 20k this year (and maybe also not the next few years), i am confident we will see new highs.
Especially when the whole ecosystem around btc starts to influence the daily life with comfortable, faster, secured payments with low fees. Basically when adoption kicks in.

I like the graph .Over all were in a bear market since febuary .We should start to see a increase in the price come September with the etf speculation.  

There is no adoption at all. New wallets are only being created by existing users - adoption is actually negative in terms of real users

Swings and Roundabouts. The big ATH had to come crashing down, it probably has more to go. But Bitcoin is still the backbone, and only real coin that the man on the street knows about. For me, this is enough.

Yes I remember that time when I saw bitcoin cash in is dip and I converted most of my money in bitcoin and bitcoin cash but I didn't know that time that they will further go into dip and till now I have lost many many many dollars. Condition is getting worse day by day

I don't know why people are expecting high from the bitcoin ETF to get approved. No one understand that if a regulated entity become a whale by buying huge amounts of bitcoin, it will be easier for the government to control the price of the bitcoin leaving small investors like us in shambles. That is not desired at all. Physically settled bitcoin ETF will show a positive impact on the market at first because of the fresh funds but we will loose the control eventually!

Don't expect to get it approved till September end. Don't run high on the ETF news. It will harm us in longer term and price manipulation will become more evident!

Ahh, I was wondering when freightjoe would show up again. Not seen him in a while.

He is a serial FUDster. Just look at his posting history - inactive for months at a time, then shows up and spams 50+ FUD posts in a day, then disappears again for months. I can only assume that he has lost a lot of money trying to short Bitcoin, so shows up periodically in a poor attempt to try to regain some losses. He just reuses the same old tired, recycled, posts.

You can safely ignore everything he says.

Do you have any source or any statistic which backs your claim ?

I don't know what you are thinking about when reading the word adoption. But this is a slow process.
More and more merchants are starting to accept bitcoin. The number of BTC user in countries with a broken financial system is rising too.

If you look at the number of open channels on the lightning network (https://p2sh.info/dashboard/db/lightning-network?orgId=1&from=1512295242555&to=1533814959616) you will see that there is a big community which already starts to use the LN on the mainnet even though it is still in beta.
Once the LN is ready and running, there won't be any factors holding mass adoption back anymore.

Though that is reality but I still have high hopes for btc market and I think $6.2K could be the least market price value for this year. I believe that in the coming months, btc will be back on track and definitely will start to climb slowly. Hoping that the uptrend in the coming months will go on smoothly since we had not yet experience a longer bull market within this year.

Notice how the trend goes from pump to dump every month. Personally, I still believe in bitcoin. It's just that we should expect that it will not be the way we want it to be all the time. The pump happens so that we can sell and dump occurs to buy more. It will not please us always. It is volatile and it is naturally fluctuating.

Bitcoin massively surpassed all our expectations when it hit $20k, maybe its now finding its true value? I believe it has potential but it's a long game that we'll need to play if we're in it for investment gains (which let's face most of us are!). I still think long term it'll rise it just needs to battle this uncertainty we have at the minute, it's so volatile. Imagine if the ETF got approved, then it'd rocket!

Where have you been when we're being bombarded by sell orders and reached the recent bottom of $5700? Basically, it's just the same thing going on for months now. Also, we have never reached $20000 in most markets, only Korean exchanges reached that certain price point. While your point stays true, it is incorrect to assume that the next trends would be the same, knowing that the rise to the most recent ATH was nothing but FOMO and pure speculative hype and the events we are witnessing now are the effect of weak fundamentals coming into play. Most people right now are banking on the ETFs, though I for one would like to stay away from that thinking knowing that ETFs are, after all, a separate entity from the actual bitcoin market.

This is not slow death.This is just a normal situation for the bitcoin market.
10% of the traders actively trading btc while 90% of the other people who own bitcoin are just HODLers.
They are just waiting for some new money to come into the market and create a bubble.
The army of first time bitcoin buyers just isn't coming,because there's no event that will create FOMO.

Just like the satement of bitmex CEO, bitcoin is not reach it's lowest this year.
It will go like 5k, before it go moon and reach new high

As always when the price goes down you come to the forum with your FUD. It seems that history of BTC for you start in December 2017, why you not start with 2009 and make some positive facts from that time until today?

I do not want to repeat what others have already written, but "long and slow death" and "nobody wants to use it" is really classic ignorance about how BTC works. I know it is not easy for you, you invest when price was 15k $ or more probably - but at least be a little more original and not just copy-paste whole thread from April...


https://bitcointalk.org/index.php?topic=3234315.msg33673894#msg33673894

My stomach hurts even when I'm just looking at these numbers. Who knows, maybe the real bear market is just starting and we have not seen nothing yet?
I don't see any new money entering any time soon because there are no good news and some people are losing faith.
On the other hand, wouldn't it be cool if we soon enter "this rally will fail like the others" phase?  ;)



Sorry, wasn't aware of this.

It's a common situation as Bitcoin is the richest inflation digital currency that has ever made, I'm sure it will back in a long time.

First off, I have not lost anything, nor am I exposed to incur any losses. However, clearly the semi-religious BS from a lot of people in here needs some counter-points to at least try to dissuade people who cannot afford losses to stay away from BTC.

And what's wrong with the post from April - I was right wasn't I ? Peaks are still getting lower and we are still seeing the long slow death. Oh, I get it - like everyone in here you are allergic to facts that don't match your view, and by saying the magic word "FUD" you are hoping that your deep-in-losses investments will magically gain in value and save you.....

And that is exactly why it is good to bring it up again - many like you might not be aware. This pattern of a long and slow death where peaks are getting lower and lower was already predicted months ago, and nothing has changed - that hard pricing facts continue to prove it. And being aware of the facts is the first step to making informed investment decisions - and especially to start realizing that professional investors never ever use the term "HODL" because it is one of the most ill-advised investment strategies

Don't get frustrated you see some leaves but most of the time more and more people are coming to invest. most of them are from big company like Starbucks are now coming to join the crypto currency industry and some new counties are introducing bitcoin to their people so most of the time it will remain and overcome the obstacles that it's currently facing right now.

You come to this forum only when BTC price is decreases which is obvious from your post history, and every time you post same thing/now just copy-paste same thing over and over. As I say your problem is that you just point out that ATH at 20k $ and you do not look anything before that. I do not have any loses with BTC, my start with crypto was in time BTC worth only 200$ - at a time when you did not even know that there are cryptocurrency.

I am only allergic to people whose ignorance knowingly mislead others, how many times have you already predicted long slow death of BTC during your "successful" career on this forum? If you just look at the charts from 2009 until today it is obviously that your speculations is just complete FUD and nothing more.

good for you - you still have time to sell to get out ahead. And given that I have been right so far - we do indeed see a continued weaker and weaker market - then it is clearly not FUD. But like everyone in here when you see facts you do not like you call it "FUD" and hope that these magic three letters will make the problems go away.....

Consider the army of altcoin shills that you see across this forum. Why are they shilling the coin? Because they are holding it, and want to make profit.

Now ask yourself the same question of freightjoe. Why would he waste so much of his time spreading nonsense? Because he has a financial incentive to.

His arguments aren't rooted in fact - he was posting the exact same nonsense during the big bullrun at the end of last year.

OP is a FUD spammer. Tell me OP, what is your agenda? Is someone paying you for this?

Bitcoin has gone through much worse.

I was hoping for the come back of the Bitcoin, what I mean is the good status of this crypto currency in the market when where almost of the people in the crypto currency community is talking about Bitcoin. Well, even this is keep on happening, I was still believing that Bitcoin will rise up again.

I don't know why some people are so sure of a Bitcoin ATH with Bitcoin ETF approval. The approval will go along with some regulations and every law make to regulate a currency will definitely have an initial effects on it. So don't let us expect much from the ETF approval immediately.
I like your historical breakdown of Bitcoin price, but you cannot rightly predicts where the price might go next.

No, you got me wrong. I wasn't aware of the two same threads. April and August.
Any person can do bare minimum and open CMC or Trading view and see highs and lows. If they are not doing it it's their problem. They're not supposed to be in this game and none of your "warnings" can help them.

that's normal for me. because when the price drops it will definitely go up and when the price rises it will definitely go down. it's all because as time goes on enthusiasts are reduced. but that is not necessarily bitcoin will die precisely this is a good opportunity to buy.
and I want to ask you, did you not see the bitcoin trip before 16 Dec? don't just see the results but see also the journey.

There's no point in replying to OP anymore - he's gone. He's spread his FUD for now and won't be back again for a month or so when we wants to spread some more. Dont waste your time.

if this is what you think, they just take your 0.001 btc you own, convert it to usd and leave this place. I don't see why you're making efforts of posting on this forum, I'm sure not to warn people

I only see it as removing people who saw bitcoin as an investment. People who only uses bitcoin as a currency which is its sole purpose can stay in this kind of situation. So stay away from bitcoin if you can't even last this dips.

Well, technical analysis is helpful to predict the trend of possibilities that might take place in the future. However, it doesn't mean, it is the only way to predict it. As of now, Bitcoin is still in the basic phase of development and we don't have the mass maturity to deal with a situation that takes place in the market. I am expecting this situation to remain chaotic for some time but I do see a positive picture down the road.

I would just laugh those guys thinking too much about bitcoin price. Seriously, you just get a piece of data and come up with a conclusion in your head. Take a look at the whole picture here mate. There is much more bitcoin can do other than investment for you guys. After all, its not its main purpose so Im glad that you will go away from these industry. It doesn't need people like you who only thinks bitcoin is just an investment scheme.

This is a mere fud
Why did you Base your assertion on only eight months price history, if you want to be logical start from years back

On December 1st 2013 bitcoin price rose to ATH of $1133 from $135 on April 2013 and it later went down to $200+ in 2015 and on January 2017 it went back to $1000+ and December same year it entered 20,000.
So it's normal

It was pretty clear that something like this will happen. Bitcoin's price will not increase in a short period that is for sure. Maybe after a year or two the situation will become normal and it will hit the $10k mark.

You are totally it is really going to be a big problem but I think in this case only ETF can do something and it should be approved.

It has been the toughest situation for bitcoin. The prices are going down continuously and the reputation of the coin is decreasing day by day. The only hope for the users is that the permission of US SEC to trade in late September this year.

Users of bitcoin are eagerly waiting for the permission of SEC to trade. Hopefully the permission will come at the late September. For now there is drastically tough situation for bitcoin users as coin’s price are getting lower and lower.

Most of the Bitcoin goers with free funds or allocated budget for investing in BTC will do this thing, they collect every portion they can buy from this people go slowly fading away and getting out on crypto line! So buy! buy! buy!

I think people are overestimating the SEC ETF stuff. That's part of it for sure, but it's also a completely natural and expected cooling off period after such an insane run in 2017.

I don´t think so.There wasn´t even 1 %  of people invested in cryptocurrency.if there will be 10% of them in 2 years i think the price will automaticly go up.In 5 years there will be even more.Blockchain is just at the beginning of his journey

2 years before it goes up? You're such a pessimist. The usual moves in Bitcoin don't take that long. Usually it takes less than 6 months after hitting the bottom to start a new rally. Even if we were to continue the bear market until Winter, we'd have to get a new rally in Spring 2019.

It has not been easy with the cryptospace since beginning of year 2018. Hoping that the ETF and SEC situations will cause some bull run in the markets as the community awaits a positive response to boost things effectively.

I agree with this. The statement that "everyone who ever wanted to own Bitcoin basically jumped in" is ridiculous. The last bubble peaked interest and created awareness in many folks who still have no clue how to obtain Bitcoin. We also encountered some serious technical issues with the high fees, Bitcoin vs. Bcash and disputes inside the Core dev team. Things are operating much more smoothly from an ease-of-use perspective and IMHO those who were interested but didn't buy will be part of the next surge.

Well, this is a good observation, but what it says, I do not know. I just hope that soon everything will be the opposite, and the peak time will be longer. But this is a good time now, because if I do not invest my money, then what's the difference to me, how long it will last if I still do not have what to sell.

Very nice stats, everything clearly shown. This peak and dip has been an usual pattern in crypto. And as we were all happy during the peak days am things will not continue to dip forever, there is going to be a day our joy of peakness in price will surface again.

Bitcoin has gone from many troubles in recent times. We have seen the down fall of its price over this year. The history of bitcoin’s success is unable to get new users. But there is a hope that if SEC of US gives permission to trade bitcoin then the price of it will get high.

The bitcoin market was never for the people who are weak or afraid to take risks. The market has gone up and down from time to time and recovered again by proving everyone else wrong. If you can't be patient enough you can definitely leave the market but don't spread fear among people by telling Bitcoin is dead. Bitcoin is definitely nowhere near to be dead. Otherwise people would have abandoned it when it was worth $1,000.

we had good predictions this year I  don't know what happened. maybe we will have the bull market soon enough

Clearly the predictions were not good as they were just plain wrong.....

Good to see that at least you have provided some data to back up your claim, and honestly, I believe that Bitcoin might not get to the 20,000$ mark ever again. But, I don't think it is the death of Bitcoin already. There are countries who are adopting it, businesses that are running by utilizing Bitcoin and people earning their livelihood through it. Moreover, the market is also highly volatile, so you cannot really say what will happen next.

The patience is a very important thing in this market of crypto currency. Such type of situation is for the short time but in the long run the situation will change so do not get confused and stay calm.

Patience is the main key of becoming profitable in crypto market. I have firm belief that very soon it will be in a higher peak. Let's hope for the best.

No and net.Esche last fall, the scenario of take-off and bottling to 5000 was predicted. All as prilyubom development. On all Earth the tool of preservation and calculation is born.

For a long time, BTC has experienced a decline of about 80% after each substantial increase, so it should be normal for the price of BTC to keep falling at present.

thats the issue. Most people are here only for the profits without pushing the message of what btc is really about and a s long as it continues to be like that, the current trend will only get worse. we need to push further for the adoption of btc. developers and partakers alike, not just the buying and selling of it.

Let's be honest for one moment. Do you think the $19,000 was natural adoption or just speculators pumping the price to

unnatural high levels? We are not losing "Bitcoin believers", we are losing speculators and that is not a bad thing. These

speculators have no long-term goals for Bitcoin the technology, because they want to come into make a quick profit and then

they want to move to the next commodity for some new profits. Let them go, we need people who want to buy Bitcoin,

because they want to use it every day and they also believe in it's future as a store of value and as a new payment option.

Quite discouraging to be honest but I'm thinking that just the same way how it goes down it can go up, and we will see that pass in the opposite direction, the deep's will go higher and peeks also higher.

Some people just see it the other way but for me it is all just fluctuation because of the buy and sell.
It is just a larger amount since it can be easily accessed unlike gold where you have to go through so many papers.
Same with paper money which is inflating. With bitcoin we just got a number of it. So any small amount can affect the market.

Tbats the problem with people that only want to earn but dont support bitcoin. Bitcoin is volatile, it means that its price is rapidly changing and its unpredictable to know if its going to increase or decrease, and ita normal. All investments goes ups and downs, so what going on in bitcoin is normal.

Well most people who bought late 2017/early 2018 were new. I would be mad too if my investment vanished within weeks or even days.
Think about this: BTC price on august 2017 was around $4000 so we have still lots of margin left. Nothing to worry about yet. let's see what BTC price will be at the end of the year.

I think everyone is just troubled up with this issue only and moreover I am also very much worried that I had invested my money and till what time , I need to wait and to hold my bitcoin then I will get my profit and sort fromthisthis is also the fact that the bitcoin valuation has not deflated to that extent ever in his history as it is deflating and I am not talking about the individual ratio , I am dying this thing in relative of the past flactuation in the valuation of bitcoin.

This is looking as we are seeing the lowest value of bitcoin. I feel that we need a strong news infavor of cryptocurrency to stem the tide of this sliding.  The ETF which should have bring the powerful news was postponed till September  by SEC and nobody  knows what may be the outcome during the next appointment. The future to me looks bleak for the price of bitcoin.

Best thing to be is be patient and Waite until it rises like all investment assets if we consider Bitcoin as one it has price variations too so even now the market price is low it doesn't mean that it will be there forever so have faith and hold you investment won't in vain   

If you guys focus on this short period it will always bring you into the same conclusion which is that you should stay away because it's dying. Spend a while and turn into 1 day chart and you'll see that we've already broken that initial sharp line of decline. If you draw a line from the peak price along the highest points, you'll see that if we were to follow it we'd be at 3k USD right now. Every correction in the end forms a U shape pattern and we seem to be at or very close to the bottom right now.

This report really make me upset. Like me there are so many people have trust on bitcoin. Though time is not running in favor, but we all believe that bitcoin will turn and raise again.

The current situation is really disappointing price in the market seems going lower. We have choice to be calm and hold our btc than to be in panic sell all of what we have. I think their is really needed a good news that can rise the price.

This give more opportunity to invest, now is the best time to research and ensure you  accumulate more Bitcoin, as we are have panic selling, am taking advantage of the moment in other to smile in the near future, Nothing to panic about.

FUD alert.
Not really "anyone" who wants to use it? well you can count on us that are still here holding and using it for some of our payments.

In these days everything is against cryptocurrencies I think that is the main reason for these kind of drops and this will keep going if these things doesn't stop and if that happens many investors and traders loose there money forever so we should wish for the best   

this is the true nature of bitcoin price movements on the market, it can go down with a long duration and can grow quickly. Are you starting to doubt about bitcoin for now? It is clear that selling will have a bad impact on you which will cause losses. wait for the market to grow to start selling now it's time to buy.

Good, You are smarter, than average. This is a bouncing of dead cat and every following peak will be lower, than the previous. It will be end about March next year. Finito.

Investing in Bitcoin is not a 100 meter race anymore it is a marathon you have to be steady until the end and should prepare to sell when the right time comes even it takes one month or two to three years you should able to hold and Waite and that is the only way we can earn a considerable amount     

maybe you know everything is very bad now but in the future everyone will get their tidbit

Now Bitcoin's price: $6 062,30 and of course there is a very high probability that Bitcoin's price will continue to fall.

just wait ... remember all this is a wheel ... and it will spin. so we just look forward to bitcoin back up

Maybe it could bounce back a little but not that high for there will be a possibility that cryptocurrency will going to  go back to normal again. We should look closely on the crypto market price for us to witness the possible increase of market and will going to earn also on it.

Bitcoin started lower than the present price last year then goes on to reach the all-time high of almost $20k last december so it is for the top coin to go down this present level. It is a cycle that every cryptocurrency can't avoid because of volatility. I instead look forward to long term growth because bitcoin has its ability to bounce back after a longer time.

The price of the bitcoin is dropping slowly compared to the highest peak of the last year. It does not mean that that BTC is being wiped out. With the development and low transaction cost, I guess, it will stabilize its value.

More people are trying to get their investment out of the BTC and this is causing the dip getting worse. But there are people as well who use bitcoin in different transactional purpose. With proper utilization, BTC might regain its price.

Is that why people are panicking a lot?  The panic is even contributing to the dip.
I am very sure that it would marvel every one that is panicking and spreading negative vibes.

I think they are painting the tape so to speak so I would not worry about the price.  The manipulators are going to do this until they have their bags full.  We are just along for the ride.  Don't let them trick you with chart magic. 

You're forgetting about all the whales manipulating this market  :) and trust me, the moment you decide to quit crypto "forever" because of this bearish trend, it will start booming like crazy. This is exactly what happens in the crypto and stocks world.

Don't forget the famous Rotschild quote: "the time to buy is when there's blood in the streets."  8)

I'll just archive this in the wayback machine. I get the feeling that this guy will come back and FUD some more. When he does, we'll be able to pull unedited FUD straight from the source.

5 years from now, when bitcoin drops from 40k to 20k, we will be hearing the same arguments...

Second wave of altcoin bleeding will start soon be prepared for 225 dollar ether...bad satoshi losses for most altcoin coming up , time to fill my bag

You have to analyze the prices from 2013, in order to have a real understanding what is happening. For 5 years there has been a slow rise in the price of BTC. In 2013, it fell 10 times from 1000 to 100 dollars. I hope this year there will not be such a fall.

hopefully after the ETF proposal is approved, crypto market enters the bullish again
bitcoin has been bleeding so far
if the ETF proposal is rejected then i'm sure bitcoin will fall close to the level of 3k or even less

Of course the believers are becoming lower day by day except most experienced traders others are trying to seek even little price increase to sell there Bitcoins and get out from the market but easily we can argue that Bitcoin won't continue at this price range forever t will definitely increase but it might take some time so like always experienced traders will gain the best profit   

"
In bitcoin the peak is lower and lower it isnot used in the investment because of its less value investor lost their interest in it. The situation of dip is very bad than peak .It will be a good idea if this peak and dip can be avoid.
"

I must tell you the truth bitcoins is getting out from the market but easily we can argue that Bitcoin won't continue at this price range forever it will definitely increase but it might take some time so like always experienced traders will gain the best profit.

Yeah, you are right that many bitcoin believers got dismayed about the severe crash in the market, resulting to panic mode. But isn't this the trend over the years? Whenever bitcoin's price falls, people would panic to sell, but when bitcoin's value wells up, they would even buy back at the top. Following this cycle, many failed to learn the lessons of history, and they are the ones doomed to repeat it. There's no telling how far this downtrend will go, but one thing is for sure: cryptocurrency is poised to transform the financial-market landscape. This dip is more of a sign of a shift in the concept of money than that of a collapse. It's just that it really takes long for less-developed technology like bitcoin to feel the effects, but this will happen pretty soon.

This is what we have been experiencing in cryptocurrency this year. It has been ups and downs and downs are getting more than ups. Three steps down, one step up. Its true that some sudden investors are leaving because  they are afraid of getting down the more. This has to stop for new money to enter the market, for this to happen an assurance news needs to be released for a bullish trend to start.

There's a correction after the big rush of last year.

It could go lower, perhaps to 3000.

It's a matter of patience. Bitcoin is the solution to fiat money printing. More and more countries are printing money, causing inflation and devaluation.

On the long term, Bitcoin will rise again.

It is not a solution - it would be poison for the economy. A limited amount of inflation (not extreme like Venezuela) is good an economy and the citizens. Zero or negative inflation causes recessions and makes people poorer over time.

Many people in here seem to not understand the purpose of a little inflation.

https://www.thebalance.com/why-is-inflation-good-4065995  (https://www.thebalance.com/why-is-inflation-good-4065995)

Even Bitcoin prices got lower and lower by the day we see a tendency that the prices are increasing even in a slow rate this is happening because most positive things are happening these days that will effect for the betterment of the Bitcoin so even Bitcoin has went deeper in price at the moment the future will be much different than today and it's price will rise than any other asset in the world making more millionaires and billionaires than it did last time     

Hopefully, it is not. It will just turn back to its peakmost. Let us just extend our patience and just wait for the price to recover. It will be just fine and bitcoin will not disappear

I still have faith that the market is going to come up fully in the nearest time possible.
Its the nature of cryptocurrency to swing in prices.
The market will recover soon.

The Housing market crashed at a time, same with the Financial market. The crash isn't new and many people in the financial system expected it actually. The crash of the housing and financial markets didn't mean they vanished totally. Bitcoin will now grow at a steady organic rate. which will be good for the long term, not for those that want to get rich overnight.

If this situation continues most people will disappoint and definitely will move from the market forever because even now the losses are very high and many investors are not yet moved because the invested amount is still holding as Bitcoins with a very less price than they purchased but no one can say that Bitcoin will crash or this trend will continue for certain because we see both negative and positive sides so only the time will decides what will be the path that Bitcoin will select and no matter what that is there will be a significant effect in the crypto currency market and the community   

Many investors are concern about the Bitcoin prices these day and I think many investors even who were new to crypto invest learned from the previous price fall to be patient and that is why most investing individuals are waiting to understand whether the price of Bitcoin will fall down further or not to make there investment more effective and profitable but other have already moved to other alternative currencies due to the huge fall and we can expect these kind of things happening in every investment field   

I had to loose many money during those price falls and when I think about those moments I still feel bad about my self but the problem no one believed that this will happen to Bitcoin or any cryptocurrency and lot of people were targeting to make good money during there arrival to the crypto world by investing in Bitcoin and I did the same thing and kept my moral and motivation until the investment goes high and made more investments but when the drop occurs everything came to fall but now it seems like the price drop is finished and we can see a slow increase so if you are willing to recover those losses the best thing to do is buy more as you can today and trade wisely while learning more about the market

We are waiting now for ETF. Bitcoin is getting stronger again. Maybe its prices go stable for a while but will be rise again soon.

Your data is really good but we can say Quarter 4 can give new peak to bitcoin as like last year in December 2017, now bitcoin crossed $7k price. if ETF approved than market get new investors and new money after that definitely market will move for uptrend. now only two scenario work one is Q4 and second is ETF approval but now chances of market uptrend is much more but no one can predict exact future we can only make guess.

I think it's like a trend. When the down value all goes down, it's the opposite

Is there any statistics proving that the number of Bitcoin adopters is decreasing?
I think not, each day the number of bitcoiners increases but the price still dropping because the new comers invest small amount of money that don't have any influence on the market.

Slowly we see that we fell further down the hall. But since the time of the bitcoin edition we have been looking at the chart.
After the summit, it has declined 3/1 and has always reached the other summit by doubling itself.

The market will always have new investors but bitcoins rise up to 20k was from too many investors at once and too quickly. Bitcoin still needs a lot of time to recover from that parabolic move.

I still believe that the market will appear fully in the nearest future. I can only be patient and remain confident that the market will soon recover. you need to know that patience is also important to make an investment and not too carried away, because it will cause an emotion

That's called downtrend and the effect of the crash, not everything will go up constantly without taking a break. The pump is not normal in the first place with a lot of hype during the bullrun that bring a lot of new money into the space and they flow out when the market crash. If you want another great bull run then you should wait until the market stabilize again.

True Bitcoin seems like the biggest crash in the history when you look from the outside because Bitcoin price dropped and that is why many say that but it is recovering perfectly so definitely it will reach to it's correct price in the future but it might take a while to happen that and the only thing it needs is more time so traders should be more patient in these days     

Yes, now bitcoin is going through its not the best times, but Hey this is a promising technology and the price will still grow in the future!

3000 would quite a low price, for bitcoin, and I think we have had enough dips this year

We can't do anything about that because it all depends on the market itself. We should just focus on making our own account better and wait until the market recovers. Well we must not panic and don't dwell on the negative side because it will only bring us into more trouble. Let's keep on supporting the system until rise again.

For now, we can't really decide the future of bitcoin whether it will have a good price this year the same as what we have last year. You might think that this will be the start of bitcoin's end of dominance in the cryptoworld but eventually, as adoption of bitcoin is increasingly higher across the globe, then its market price and cap will surely rise even more than the ATH last year.

It was simply a very long correction period after the hype around Bitcoin. I am an optimist (and a realist as well) - believe that BTC price will go to the Moon in less than 5 months.

Time time time,  there's always a time for everything, time to pack low and time to pack lower,  and there shall be a time to sell higher #time

Wow, It is just a perfect time to  buy bitcoin ! A very low price that is very affordable for everybody .  A happy hour moment for  the investors. Nothing to worry about , just a great opportunity for others to own bitcoin, as simply as that  to become like you. Whatever will happen  bitcoin goes up again. More countries now joining and mass believing on bitcoin At the year ends all your doubt and patience will be rewarded.

Things presented like that do not really looks very good. But overall, I think the market will start to rise more than expected. We only have to find out when.  ???

I does not look good - because it is not good. Simple as that. Just see today, now we are going down again

Yeah in short term we won't see a considerable progress in the Bitcoin price because for anything to develop and improve in the business and financial field the time is essential and for Bitcoin it is the same so our invested currencies may have to keep in our wallets for longer period of time until the price increases to a considerable level to gain profits but selling before that means loosing profits or for some even a part of there investment 

I think we all are forgetting one thing that we all have been told when we took the decision of investing in bitcoin and this is that bitcoin is a volatile crypto currency and we all are investing in a kind of investment so the valuation flactuation is very common and on the same hand we have been told one more thing that bitcoin is very sustainable crypto currency too so there is nothing to worry about as if the valuation was very high in the last December month and now is deflating day by day so the time will also come when it again starts inflating and we all bitcoin holders will get our profit.

It's because bitcoin prices are consolidating, moving less and less. What will ultimately happen is a break either above resistance or below support lines. There is a good argument that it will break below and crash but it's also possible that it will create a U shape and make its way upward.

As I always used to say one thing for bitcoin always and I never get worried about the low valuation of bitcoin, though get little bit of tensed as my money has been invested in that but still I know one thing very clearly that bitcoin is a volatile crypto currency and thus its valuation keeps on flactuation and varies according to market demand and supply so nothing to worry about if the valuation is low in present times, I am sure that it will definitely inflate in the coming months of this year.

Thanks for sharing, This is just the natural market cycle, or emotional cycle as most people like to call it. Happens in every market, nothing new here

you're right, prices are getting lower as bitcoin holders decrease or our investors all don't know how long this will last. even though I am not a bitcoin holder but my bitcoin users are very loving and will be able to survive through difficult times in the world of bitcoin because I believe bitcoin will return to life and become a better source of life for all of us.

We had that historic rise so once a vertical spike happens it will take the chart some time on the other side to even itself out and get back to healthy.  We are simply seeing that play out on the peaks and valleys.  Its just a snap back to reality.  In 12 more months things should be much more stable. 

All hope that bitcoin prices will rise again to 20,000 USD or even 25,000 USD. But a very high price will kill bitcoin slowly, everyone wants to sell the bitcoin they have because they are afraid the price will go down again, while there are no buyers. I think the ideal bitcoin price is 6000 USD.

Many probably noticed that in the last weeks of 2-3 course established and became stable. The fall of the course was to be expected, as there is no constant increase and increase. Every market has a correction and now Bitcoin is going through this. Therefore, I consider negative reviews to be with you, and not to spread, thereby scaring people.

Look at the chart for months, I do not see that bitcoin has failed. since the price is higher than last November. Just many people have seen what the price was in January and December and strive for this, but it will not always be so. Every fall has a rise.

It looks pretty stable to me right now. And though it did plunge from it's peak last december, recent happenings suggest that we're in for a decent end kick. No need to get all gloomy unless you're willing to sell all your holdings lol

Looks like your prediction was off, now the bitcoin value has gone stable in $6300+.
You cannot compare btc price on only 1 year. If you see the bitcoin value from the past years, the peak always gone higher than the past year.

The upward and downward figures are true but if you will review the market yearly performance since the year 2015 then you can notice that the market movements will constantly increasing from the month of October to December and will fall from December to the next year of September. So for me, this is not getting worse but its just the history will always repeat itself therefore we should wait and see of what will be the future performance before this year will end again.

The market trend can certainly repeat itself this year just as it did last year. The final quarter of every year has been great for the crypto market since 2016. We are in the final quarter of the year and the market trend for bitcoin looks similar to what happened last year. I believe there would surely be a higher peak before the year ends.

Price is not the only indicator of bitcoin's success and development. We must take into account the volatility of bitcoin as a feature of its development and not to draw hasty conclusions. He never dies.

The price of bitcoin today can really lead to sad thoughts. But I do not think that this is an indicator of the end of bitcoin. Moreover, if you take the growth chart from 2009, you will clearly see that the price is growing, even despite the constant fluctuations.

Everyone believe it, hope market not crush everyone's dream.  Bitcoin already get it's new peak every year until now, but in this 2018 we must accept whatever will happen with bitcoin and keep support it.

I do not think that the price will start to fall below 6k dollars because it is a very good coin which undoubtedly has a very good future

for those who buy Bitcoin in 2017 currently only get a loss, but there are many who get rich suddenly because Bitcoin, they are the ones who buy Bitcoin in 2012 - 2015
an increase that is too fast may be the main reason why the price of Bitcoin continues to decline so far, I think this is a natural thing

Bitcoin price at $6400 is not a sign of death. Bitcoin already make tremendous movement in 2017 and the price start $1000 early 2017. I dont believe bitcoin will be death, current condition is not good but if we remember 2017 market cap and price, condition righ now much better than early 2017

Before investing into bitcoin, I was told to keep this thing in my mind that I need to be very clear about this that bitcoin is a decentralised and volatile crypto currency and volatile nature is the reason for the flactuation in the valuation of bitcoin and moreover the valuation of bitcoin is subject to market risk and varies according to market demand and supply as from the beginning of this year the valuation is getting lower and lower but there is nothing to worry about as the valuation will definitely going to inflate in the future.

Many people think that the decline that happened this year will make bitcoin die, trust in bitcoin starts to fall and some bitcoin owners think that bitcoin will not rise as high as it did at the end of 2017 where bitcoin reached $ 20,000. But I feel that this is the bitcoin that we must understand as a long-term investment, so they lose confidence in bitcoin and slowly leave bitcoin, but I am still confident in the strength of bitcoin and will continue to be patient, because I believe the bitcoin price will rise much several years to come.

It is not a long and slow death. . Perhaps the bitcoin value is going to follow the same rules as in previous years. Prices will rise sharply by the end of the year and will drop early next year. Bitcoin is attracting a lot of investors. Investors still keep bitcoin. All are waiting for the end of the year. The market will soon grow strongly at the end of the year and I guess the growth of each year is different.

There has been news of a lot of $BTC OTC transactions lately. I don't know how much that is affecting the price. Good news is that more institutions are about to incorporate crypto leading to wider adoption. Only time will tell.  ;)

As long we still hold and investor still keep their bitcoin,  nothing to worry about price. Bitcoin price always down and up but it keep increased year by year. For who believe with bitcoin they might be already took profit if they want.

It seems to me that you are making hasty conclusions. I do not agree with your opinion. Today the price of Bitcoin is $ 6,369.7, but this does not mean that in the future it will only fall. You can not draw conclusions, given the data in just one year.

I learned someting at crypto market, when you despair of any project or what else , doesn't make any sense. You should be hopefull cause you are buiding the future.

The bitcoin dips have being maintained/sustained for a particular period in this 2018. As much as this isn't good news for most of us, there are still other avenues of making real cool cash still in this cryptocurrency markets. Just within this week alone, I have seen some tokens that made a leaps of +289% and +1130% increase! Imagine having a reasonable unit with you while the increase happened... You won't definitely complain much about the dips of bitcoin.

I do not agree with this statement. Bitcoin is already used a lot for payments. I personally know a lot of such services, where bitcoin can be used for almost anything. But as an investment, bitcoin is also good. His growth is a matter of time.

This development schedule doesn't really inspire hope, but I think we should continue to believe in bitcoin and invest. It will survive this difficult period and will continue to grow in price again.

Don't stop believing in bitcoin. Yes, the price is now developing very slowly, but the technology itself is improving. And this most importantly. And the price will eventually come back to normal.

price drops greatly affect the value of the investment and many people leave bitcoin. if we are able to think intelligently, it must be done in the cost of buying and saving in a declining market price. never fear that prices will move the most important thing is that you hold bitcoin.

Currently still not working as bearish market is still in effect and ETF products are subject for final review after it was rejected but hopefully that the SEC will favor it and accepted it by this month to see if there is really a positive effect that it may trigger the bullish run for the Crypto market if it will be finally approved. Lets wait and see then.

The OP is just exaggerating like most people that are predicting the death of bitcoin, nothing even close to it is about to happen, it is true the price is not improving but that is just natural after the huge bull market that we saw at the end of the previous year, the only thing we can do is to wait until the market recovers and unlike the OP I believe there is going to be a recovery.

lower peak doesnt mean the market getting worst. in fact the valley getting shallower. comparing oct 2018 and oct 2017 , bitcoin price is maintaining. which is a good thing, for now. it might be repeating last year pattern. 

This is very much possible as we have now enter the November we might see much run to happen and market to start picking up before ending the 2018. We might see btc to 15k levels as well if things remain smooth and bull run takes place in this 2 months. This is also the best time to buy the tokens and coin ate lower rate rather than waiting for buying at high price.

hahahaha :DD
every time after bubble i read whining like that, bitcoin dont care you are invested in bad moment
time between bubbles can be rough for some people, topics like that sprout out
analyze your dip data since 2009 ;) you will have diferent conclusion

ETF or no ETF I don't think bitcoin would die easily ,there are many reasons why bitcoin is still strong and stable at 6000plus ,so far for this year I have seen only stability of bitcoin

Why people are thinking about bitcoin's death? don't sum up that its going to be easy for a well established coin and investment to be brought down quickly.

$6,000 isn't a bad price and we've been stably sitting here so no need to panic and think about its death.

And then - again ! - we go to a new and lower level

I Agree with your explanation but because bitcoin ia cryptocurrency it is subject to change. The prices are going ups and downs and we are now on its worst level but I am.expecting it to goes up again like before . I don't think bitcoin will end soon. It will continue to grow once it recovers.

Indeed, the facts mentioned can not be denied, but if we look at the price of bitcoin some time before, of course we still say that bitcoin remains the best with the highest price and still gives hope for a good future. I believe that the price of bitcoin will rise again, although it may not reach the highest peak ever. But for me hope that it will always be there, and we should be patient to wait and still believe in the strength of bitcoin.

Bitcoin this year has experienced a very sharp decline, up to the range of USD 3,000. But I am sure that bitcoin will rise again and will not be abandoned by its users. Bitcoin proves to be able to get through this year's crisis, where next year will be victorious again. Bitcoin will be increasingly popular and more merchants are willing to accept bitcoin.

its pointless to say you whats going on, because the idiots in this forum want to believe their bear/bull trash ONLY. and they want everyone else to believe the bear/bull trash ONLY.

so good luck with that.

next dip will get even worse

The bull run seems to have started already so the next step is important. A move up or sideways will prevent it from a continued death spiral and ensure that there is a strong future ahead

Bitcoin death is out of the question. If only because the current recession is not the biggest in the history of bitcoin. Not to mention the capitalization of tens of billions of dollars.

Of course Bitcoin prices are moving further low because today many things are happening against bitcoins progress like restrictions or regulations by governments, bad news from popular media sources, huge amount bitcoin pumping to the market due to other altcoin ico projects because many of the holders are investing using bitcoin and for reasons bitcoin price is dropping rapidly than we anticipated but these things can be changed in the future because we cannot think that the above things will keep happening forever

The bitcoin market is not predictable and this year has become bearish . But not everything is so bad and I think that soon everything will change and bitcoin will again reach its previous highs .

The market is actually a one that you cannot predict,and short term investors stand to panic as the dip goes more dipper,patient and long term investors gets the best from Bitcoin.

Bitcoin can act as a store of value, it doesn't necessarily need to derive all of its worth from use and network effect.  Only a small amount of gold is actually used but the total marketcap it has is in the trillions.  What gives bitcoin value is the limited supply and ability to transfer high amounts of wealth across the world with great ease.

Bitcoin has been reported to have died more than 300 times, then what's your problem? I'm fine here even though prices go down a lot.

Yeah but people don't see it like that though that's the thing. It should be pretty plain to see that these dips and rises will come and go probably for years until btc reaches a point where it's value is second only to it's practical use.

as we see that 3k dollars already bitcoin touched but this does not mean that he will die

Bitcoin price was looking stable (Sep 6.2018-Nov 14.2018) within 6500$ circle. Than dip is too deeper from Nov 14 dumped below 6000$ than dip is more stronger even gradually touched 3000$+ but finally peak the market from previous week.

I notice that all your subjects are going in the same direction
Doubt the btc and you are always repeat
The btc  is dying
I do not really understand your position
If you do not believe you can leave
You only discuss prices
This is a big flaw
The btc  is much larger than the price and prices will improve with overall adoption.

I agree with you, the position of the current bitcoin price is just terrible. But I still continue to believe that this is not a sign of the end, but only a temporary difficulty.

I think it is too early to draw any specific conclusions. Bitcoin is still developing, and despite the drop in its price,the technology itself continues to work and improve. This means that we can not yet talk about the death of bitcoin or its end. We must wait for the price to rise and take our time.

You need to hold your bitcoin tight while you are waiting for the price to increase back. But be careful because sometimes your mind will be weak while seeing the reality and this is why you need always to remember the goals that you want to reach in the future. It doesn't matter if other people cannot hold their bitcoin because we have different goals, so it's better to stick with our goals and keep buying if the price is on the dip because that is our chance to buy bitcoin at the lower price.

I agree. Bitcoin is really popular and improvement of it is always there where we can benefit in time. You cannot conclude that bitcoin is dying whether the price is getting lower because opportunity is always there,if you are afraid to take the risk you are losing also and make regrets. Price is not getting worse, let see how bitcoin gonna improve and future will gain better.

Isn't that what's happening in a bear market? And let's face it, the correction trend from 2018 is more likely to continue instead of recovering for the start of this year. That means scarier times for people who thinks crypto is a short term money maker.

You cannot expect a positive trend in short term from bitcoin because the drop is much higher than any other period of time but if you are leaving the market or have decided to do that due to this situation that is a wrong move because we have seen how bitcoin has recover many times after dropping in price and specially in this time when everything is working in bitcoins favor definitely there will be a positive trend for bitcoin so abundening in today means loosing the profits that can gain in the near future 

I always laugh why do many users always associate prices that fall as the death of bitcoin? even though we know that bitcoin is still a young age. the potential is still very large. one thing they should know is that fluctuations can bring prices anywhere. so it's a stop for such negative speculation

Because they do not really care about anything else, most users only care about the price and the profits they get with the movement of the price, most do not even care if the project in which they are investing is a scam or not as long as they get profits then they consider that project a good one and if they lose money even when they invested in a legitimate project they consider that project a scam.

Bitcoin will still continue to fall in price, and it will take a long time for the price of bitcoin to rise again as it did at the end of 2017. For me waiting too long will be very saturating, but if we understand that bitcoin is indeed a long-term investment that will be able to provide big profits, of course we will be able to be patient in waiting for the rising prices of bitcoin. Don't panic about the current price decline situation, be patient and hold the bitcoin that we have, because prices will definitely return to the top in some time to come.

After all we already know that fluctuations exist in the bitcoin market, we should understand that fluctuations will bring prices anywhere, up and down. but that does not mean bitcoin dying. this cycle will continue to occur in the bitcoin market, so get used to it with these conditions

Yes, peeks and dips are a normal part of BTC. Anyone who has been with bitcoin for a while knows that non stop dips do not necessarily mean the situation is getting worse, it all depends on the market. Others could get scared off seeing topics like this one - don't spread misinformation !

Don't look at short time frame. When you look at wider time frame then you can analyze better. I think the price will rise this year or next year, I am sure that it won't go lower than $1000. When the price reach $1500-2000 then there is big probability that people will start to buy bitcoin excessively.

 we cannot describe shortly with this chat and anything will be possible this is the Bitcoin and you cannot do any prediction for that that's why it remains the unique feature of cryptocurrency so it will be possible that you have expected in the future.

The price of bitcoin is now in a downtrend, but it can not last too long, I think you need to wait another half a year and growth will begin.

I think bitcoin will not die slowly ... but right now the condition is worsening ... so I still believe that bitcoin will continue ... we will first see how the development of bitcoin will be, don't be easily affected by things that haven't happened this time.

Yes Bitcoin will be the way to get more higher profit then people will using it for long period of time so it will not die at a time you cannot be say this will happen in the future it may change also but if it definitely be positive the value become grow again and again like the previous peak value.

I agree. It just hard to increase the price because people are not all holding but do trading which make it difficult to move up. Bitcoin still is the potential coin for me, it will recover and won't lost the value in the market because nothing can replace it. Do not lose hope and be patient, everything will be back on the right time.

Bitcoin is the future. And now we are getting more and more confirmation of this. I see the situation so that the price may not rise in the near future, but I am sure that time will pass and we will see new highs. So please be patient.

Do not forget that there are large investors who can turn the price as it is convenient for them. We do not know what their plans for bitcoin and other crypto are, so we should not say that bitcoin is slowly rolling down. I think it will reach a new record in its value.

Right ,as the bitcoin was scaling higher and higher in recent past ,similarly it is making new lows ,but the question is if we are bracing the situation now as we were doing at the time of the moon.

I do not understand where you have such information that no one needs Bitcoin anymore and no one will buy it. You claim that nobody needs it, but the blockchain and Bitcoin including continues to evolve. The demand for blockchain specialists grows throughout the year at around 30-50% in many developed and developing countries. The volume of transactions within the network is also growing. Commissions within the network fall. If you look at the monthly chart, you can see that there were already quite a lot of such drops in the history of Bitcoin. So what are your conclusions based on?