Bitcoin Forum

Most people would agree that it would be more beneficial for the price of a stock/commodity/currency to slowly go up, rather than continuously going down.

Investors <short-term> are looking at a potential investment, where they can be motivated to invest more money into that investment, because the profit <carrot> is held in front of them, because the price is continuously going up. This is what happened prior to 2017 and that is why investors dumped large amounts of money into Bitcoin. <Back then, the price pattern showed a continuous upward trend>

Now, with the price constantly going down, investors are sceptical to invest in Bitcoin and some short-term investors are pulling the plug.

Even if you are not interested in Bitcoin as an investor and you are just buying bitcoins to use as a currency, then a continuous downward movement in the price is more heart breaking, because you are getting less value for the bitcoins that you bought the day or the week before.

Even merchants hate a downward spiral of the price, because they will lose profit, if they are not using a payment processor to convert the coins to fiat currency.

On the way down a lot of people panic and they sell at a loss and these people will lose confidence in the currency/commodity and they will never invest in Bitcoin again.

We need a slow upward trend to get us back on track or this will go down in flames.  :(

You are right,but bitcoin isn't a stock or real estate.It's totally different.It's manipulated by a bunch of whales that make profits even when the prices are doing down,so they could later buy cheap bitcoins and wait for the next big bull run.The crypto bubble will be constantly going up and down and the whales(and probably some smaller traders) will keep getting profits out of it.

Well, I hope the whales are listening then, because they need to manipulate the price in a more beneficial way or their investment strategy will fall apart very quickly. Bitcoin cannot sustain a trend with prices dropping continuously to these levels, because it even harms the miners that must mine at profitable levels.

The ripple in the Bitcoin pond, just grows bigger as the price goes lower and in the end manipulation like this will destroy the coin. Some people are already saying that the Bitcoin Futures are the tool that are being used to destroy the Bitcoin price.

Killing the cow, will stop the production of the milk.  >:(

I think its not ideal to use bitcoin as currency these days, merchants should start treating it as a commodity rather than a currency or they could use stablecoin instead. These downward trend is unhealthy for merchants accepting crypto because they can’t make any profit from this season unless they tend to invest their holdings.

it's a nascent technology with pretty illiquid and emotional markets. this is all part of the market cycle.

we've had multiple bubbles, and every time there's a brutal bear market afterwards. this one isn't even the worst one yet; 2011 and 2014 were both worse in terms of total decline. chin up. ;)

Bitcoin has become a digital alternative to gold, and as such has become a store of wealth, and therefore is subject to manipulation by our banking masters. It goes through periodic price drops as they increase their investments, and they place coins in long term holdings to ensure that Bitcoin can never become an alternative to their payment system. At some stage the price will stabilise, but for that to happen, we need to be able to get some reporting about genuine OTC transactions, and split out those designed to manipulate the market.

You need to rise above the idea that Bitcoin will ever become a payment service for everyday purchases - the limits imposed when it was created ensure that this will never happen. There will be "side-chains" of course that will provide support for small retail sales, and lightning is the obvious example. Another one is the probable introduction of Bitcoin account cards by Starbucks and other retail chains.

The only certainty is that Bitcoin will increase in value over the next 5 years, but it will be a rocky and exciting ride. Actually nothing is certain, but my estimate would give it a 95% chance.

How can you identify that an OTC transaction has this purpose? It's very hard to prove someone is acting to manipulate the price instead of just acting irrationally.


In our lifetimes bitcoin won't be able to break free from fiat and therefore the only way it will be accepted is as you spoke of, small transactions with near instant conversion to fiat.
 

There's an oxymoron in there somewhere I just can't find it, I guess I'm certainly unsure.

Knowledge they say is power. This is the right mentality to have if you which to stick to this technology and see it grow to maturity. I have stated, though not as you put it: Bitcoin will ever become a payment service for everyday purchases but I knew that this is the case because not everybody will ever be comfortable with virtual money.

A lot depends on how we treat bitcoin. You are talking both about investors and merchants, but I believe they are actually interested in a bit different things. If we are talking about bitcoin as some valuable asset, we are surely interested in an increasing price, so that we can profit from it eventually. However, if we are talking about money, it is actually generally believed that low-rate stable inflation is positive. Now, bitcoin is naturally not apt for inflation, because we cannot control the supply of the coins. However, in essence, inflation means devaluation of the coin. It has to become cheaper, so that people are interested in buying things today instead of waiting to do that tomorrow.
Deflation is believed to be negative, but it is still a matter of disputes.
What we need is more or less stable prices, so that at least people don't lose money because of huge volatility.

why would OTC data transparency cause the price to stabilize? i figure if we're on the mass adoption trajectory, price won't stabilize until after the market penetrates mainstream investors and institutions---banks, retail and pension investment, governments and central banks. before then, it's like an arms race as everyone tries to fill their coffers.

You have it the wrong way around, because once large institutional capital starts to flow into Bitcoin, problems will increase. The institutional investors needs to protect the pension funds, so they will extract large amounts of money from Bitcoin at the slightest sign of trouble.

This will trigger mass panic in other investors, because the dump will be huge and you will see more volatility on a larger scale. Institutional capital can be the last straw that broke the camel's back.  >:(

The biggest one is the number of people who are interested in bitcoin. There are people who are interested in bitcoin at one point or another who leave after they see that bitcoin is only dropping in price. Anyone who got interested in 2018 has already left, that's just one year that people got interested and left at the same time.

We need people to see this as a long shot and a long term benefit to society and not just some 6 month investment experiment. Without that long term look for us, we are not going to reach anywhere with this. Hence the downward movement is hurting bitcoin not only in price but also for the future, if 2019 happens to be a better year we will see some interest once again but people will always remember 2018 and be cautious about bitcoin and its price.

Price go up and down, and I have not seen any market that do not undergo a complete market cycle, it is just that in the life of Cryptocurrencies this cycle seems to be short and fast as compared to traditional market because it is much more bigger than Crypto. I personally don't have any fear, the only concern I have is not having much more money to buy more BTC, there would be a time that to hold one BTC will be a huge success for the holder

I agree, but its hard to convince investors, the constant dropping value make the investors hesitate about the possibility the price will go up in the future, and the investors now is afraid of the whales manipulation, there are numerous of investors already giving up investing in crypto, the bear market in this year is quite severe, we need something to trigger the bull run to make investors back to invest

This is really sad to see bitcoin at the dump price and it keeps on going down like there's no support level, but its hard to stop it because we have no power to do that and most of the short term investors are panicking, they don't want to enter in the market right now. To dump is a normal thing in any market, manipulators is normal too but hopefully they will stop from doing that now or else no more investors will trust this market because of too much volatility.

Let's start from spreading the good news about cryptomarket now, and slowly this market will go back on its track and continue to give a brighter future for us. This is not the end yet. :)

   The harmful effect of crypto market down turn can be identified as Anger after losing investment, Depression etc.etc. These are manifested as reaction to the down turn of the market or huge drops on price value of such coin. but one should handle these caustiously. investment came with the degree of risk...the market volatility affects the consumets behavior.. it also the consumers trust and confidence on crypto investment that would influnce the volatility of the market.

Yes, downward trend is not very liked by merchants or investors alike but most of them are used to it as it is something that happens in every market regardless of what it is. Oil/Forex can plummet with just one tweet by president trump so its not very reliable either but that doesn't stop people from investing and I don't see how downward trend is bad news for those who make money on shorting or those who were waiting for price to go this low before investing. I don't see people using bitcoin to make payments in short term but once you realize that your younger generation is getting more interested in things like crypto and bitcoin, you would realize that by next generation you would have more people using bitcoin as payment than ever before. Current issue we have is that older people are more attached to fiat as payment method since that's what they have been using since they were child but that is slowly changing and new kids are more tech savvy and familiar with bitcoin and related cryptocurrencies.

That's what happens when you enter a very emotional free market. Everyone would be on the buy mode on one minute and the next hour, everybody has the tendency to dump on you if something on the news pop out, or if there had been someone taking a small dump and needs cash. This is hurting the short-term investors, sure, but the long-term dudes alongside services that are really sincere in the cause would never leave, and we could see that happening now. Price-wise, we might be on the downtrend, but fundamentals sure are catching up.

The harmful effect cannot be underestimated for any reason. For one, the disinterest that is generating is alarming. People who don't lose hope easily would start to get wearied because of the continuous fall while the individuals that have never been bearer of good tidings will have reasons to continue their onslaught against crypto in general which in real sense would continue to give concerns to the general market.

You're right about bitcoin's volatility being an issue still. But I think it's only going to be a short term issue, as once more adoption in terms of real merchants accepting BTC as a currency as well as institutional investors heading into the market happens, prices will naturally stabilize in the short term.

I really do not think that this bear market will have any detrimental effects on bitcoin's development in the long term.

It's also next to impossible to moderate bitcion's growth, given that there is no central entity in charge of controlling the supply of BTC. However, in the long run, bitcoin will still be a store of value given its limited supply and decentralized nature, which makes it perfect as a safe haven asset, even if it doesn't succeed as a currency per se.

I agree much better to move up slowly the price but sure price instead that the price moving up faster but it will drop again immediately like what happen last year to now. And I know it will be back on track again just wait  and have a long patience.

The harmful effect of the continuous downward movement of the bitcoin price in the market cap ,is the pissibility of losing customers and investors ,because these people would have to evaluate the effects of their money if they will pursue to invest in crypto now that the market is sufferring falldown of value.

but at this time the prices on the market have not increased slowly at all. precisely what happens the price decreases slowly? changes in bitcoin prices are difficult to predict. prices can go up quickly or rise slowly. but most importantly the price will definitely return to a positive track. just be patient

And that would just proves how not open-minded these "customers" are.

The price of Bitcoin is the same in the past, the only difference is that the price of it is far more different than the past's price. If the price dumps, the people exits, when price pumps, the people enters and why shouldn't they just stay inside so they will not be bandwagon in changes of the whole market. There might be a harmful effect, but always remember that if there is a harmful effect, there is a good effect.

That's not entirely true the stocks has also been going down must be also of the holiday season as for the bitcoin price there are speculations that it's being heavily manipulated look at JP morgan who told bitcoin is a fraud and told his employees to not use btc or they will be fired but the goldman sachs company is secretly buying it. The institutional investors is purposely making FUD to buy cheap crypto's and it seems they're succeeding.

it happens from those who have other views about bitcoin, by taking advantage of opportunities at falling prices, they can buy them cheaply and wait for the fomo to occur. that's when their goal is perfect

The continued decline in Bitcoin has had a huge impact, and the entire industry surrounding cryptocurrencies will stagnate, such as mining and NVIDIA, bounty hunters and ICOs. These occupations will disappear, and the decline in the price of Bitcoin will cause certain problems in the entire ecology.

It's good to see and hear that despite the arising crisis we are facing there are still those people who stay optimistic and hopeful. However, it's undeniable that due to wild swing of the market, it can have a big negative impact as investors will likely to withdraw, leave the market and could possibly create a certain path that would lead for others to do the same. There have been both positive and negative news circulating around regarding bitcoin and it can somehow trigger the decision of people from around the world if they cannot be guided accordingly. We all can be a media to spread awareness and understanding of the real essence of Bitcoin. It's not going to be easy but I'm hopeful that we all can survive from this crash and together we can be back on track again.

I see it as a healthy movement despite the horrible sentiment amongst most of the people here. This market has been infested with get rich quick rookies and they did everything they could to turn this market into a shitshow.

This longer term bear market drives these rookies out, and while I feel somewhat sorry for people, because I don't want anyone to lose more than they can afford, but if utility wants to get the upper hand, this is the way to go.

What we will be left with are those who are here for the fundamentals, and not to fill their pockets and then exit. We'll see where it goes from here, but I'm not confident that we have seen the worst yet...

it's really not a happy situation when something that you invested on just continuously dips.  you invest because you want to earn, not lose.

I believe there will always be a market for Bitcoin even when the prices are falling, those who didn't invest before might see an opportunity to buy cheap

The downtrend of bitcoin greatly affect the overall market since it covers majority of the market cap. Considering that it is also the most recognize among all coin, the decision making other invetors are influenced by thia making the investors bearish.

The new generation of "get rich quick" opporunists will emerge with a new bull cycle, it's inevitable. Combine Bitcoin's accessibility and huge popularity, and you get a highly emotional markets with "doom and gloom" like OP's post, or some crazy moon expectations with lambo's. I believe time will cure this behavior, eventually volatility will decline and Bitcoin will become boring - it will still move a lot, compared to stocks and other traditional markets, but less crazy than now, so it will be more usable as currency and store of value.

So you expect only an upward trend?
That's very unhealthy if it's only upward. It makes bitcoin look like some sort of pyramid or ponzi scheme, Upward and downward trends are normal IMO.
Investors will always getting in so long as cryptos are profitable. Behind those small up and down movements you see, people are making profits

Yeah you can't really purge those kinds of thinkers out since the market eventually recovers. Excitement will once again get us to high levels with fomo more likely drawing these people back in again. And in a continuous trend like this, some real traders actually lose interest and get out.

I don't have any problem with bitcoin price falling, It matters when all other crypto tokens also show download movement beside bitcoin. continuous downward movement can barrier for upcoming good project in blockchain industry. Other harmful impact can be that people would have negative perception towards crypto and deal with it like bubble without considering its potential....

It’s best the way that things have been. Although I am not happy for how the market is going down, but it shouldn’t only go up, cause many sees it as a source of making quick and free money. Now that the price is down, all of them have dismissed themselves and it would take them by surprise when the market begin to go back up.

If the movement of Bitcoin price is continuously downward then surely the effect of it is many people will be get less interested to it that cause to Bitcoin to not become popular anymore. Also Bitcoin most of the time it is the started to rise before the other crypto, and when Bitcoin fall it also fall the other crypto, so I think there huge eefect not only is but to all crypto once the bitcoin is falling. But I know that Bitcoin can recover from its long time falling price.

The downside fall in bitcoins prices is hurting everybody that's true, but not those who treat it as a long term holding currency. I believe it's time people realised we cannot use bitcoins for our daily usage, even though some popular brands accept it I feel we should concentrate more on the holding part here. I believe each and every market sees a bad phase, but once that phase is done with prices rally upwards, hence I believe bitcoins shall rally upwards in the long run but we need to be patient with it.

People have different perspective when it comes to cryptocurrencies, opinions havs been divided which it creates an issue that could affect the behavior of coins. What is good is that it always shows a positive trend after some dip moment, maybe not in this year but probably next year.

If you understand the concept of investment, I'm sure you won't say that. Investment is indeed a place to get profits, most people even everyone wants it. However, in fact not all forms of investment will benefit you. You have to go through several processes so that you can make a profit, and now, the cryptocurrency market is experiencing a decline so this is a reasonable risk you face.

Same as you, I also do not have any fear when the price is falling though I am disappointed when the price is low may money is also decreasing. Well, for me the harmful effect of downward movement of Bitcoin price is the way of thinking of the users, the more it will fall more people are talking about its dead and its not useful to the crypto world because upward and downward is normal cycle of bitcoin.

The price is unstable and many of us are afraid to invest during this time. Bitcoin can give us benefits and risking is part of it, many people are telling that bitcoin is dead which is not true. There is some negative effects but we have to acceptit if we are really determine to achieve our goals in bitcoin. I know that despite of its price, its still able to give opportunities for everyone who wants to join and invest.

Well yeah, it's mainly about the new investors being afraid to get in the market. Especially seeing how far down we've come. But that can't be helped. You either see things on a positive light or you avoid getting into it. I see it as a good entry sign especially when it's going consistently downward.

Common sense would help too, because everything that goes up a lot in a relatively short period of time, will come down just as hard--we're basically going through a reverse bull market where people couldn't guess the top.

People right now continuously fail to call the bottom, so it could be a very good thing to wait before entering the market if you're too afraid to even dollar cost average the market down.

I can't blame people for being cautious even though we consider current levels to be great entry points. Most people tend to buy only when prices are going up, so they'll enter the market at a later point anyway.

And then we hear them bitching around the forum saying that they're late in the party but continue to buy it anyways, they really didn't learn their lessons.

If they're afraid and not comfortable then don't enter. But what I don't like hearing is those complaining specially noobs saying that they have miss the opportunity again.

It depends on your time horizon. In most cases people here aim for quick profits, and at the same time buy at the wrong time. In other words, what will happen is that the price goes up, noobies buy, price fails to break through resistance, and it comes back down. First people blame manipulators, then they'll blame Bitcoin for being slow because their shitty transaction didn't confirm within 10 seconds, and then they blame the exchange for being slow.  :D

I remember how people were saying that if the price would fall down to $10,000 again that they would load up on Bitcoin hard. These people are nowhere to be seen right now. Every $100 that the price drops makes them think that the price will continue to drop, which is why they wait with buying. It ain't easy being a rookie here, especially when you don't understand the fundamentals of Bitcoin and markets in general.

Right.It's hard to make people understand that what's happening today could be the best entry point for crypto investment as they will start buying potential coins at their favorable prices.I think what matters in crypto is your faith.If you really don't believe in crypto,then you will always be afraid of taking risks.

right, we know that most people who buy bitcoin are to invest / seek profits. if at this time the price of bitcoin is decreasing, it is certain that investors are increasingly retreating because they do not want to lose more.
if this decline continues, then I can't imagine what will happen to bitcoin.

The long downward movement of  BTC  will have a negative impact on the acceptance and the use of  BTC, several investors will loss trust in the coin, as most people are skeptical about the existence and  the assuranc eof when the bull run will commence, BTC  is the currrency of this age. Do not panic.

It does not bring negative impact but actually it can bring positive impact because many people will be attracted and are willing to invest if they see that the value of btc and other cryptos is falling  .

People wont only believe in btc if they see that it got a high value because they think that it is a joke or a scam  .

There were also others that hate the dip . like me i only prefer that btc will rise forever because i wanted to earn huge profits  but its slightly impossible to happen .

If your faith is based on fundamentals, then sure, but most people "believe" in crypto while they don't understand why these things have value in the first place. Strong believe during rallies, no believe during bear markets.

Bear markets seperate those who are here for the fundamentals from those who only want to profit from crypto. I like that. These noobs are completely lost during bear markets. They can only profit when things go up like they did in 2017.

Everyone is an expert on the way up with how difficult it is to lose money when coins continue to pump for months straight. It's easy to "believe" in something when it goes up, and that applies to most people here.

this condition will certainly improve later, along with the good news about bitcoin. I think a lot of investors are holding usd, and are targeting the right position to buy BTC again. what is certain is that we are sure that later bitcoin will rise so that there is no need to worry, just test our psychology for that

It's really heartbreaking after I read what you said, now the downward trend is dominating the market where selling activities are very strong compared to buying activities, it's true what you describe that bitcoin today requires a turning point from a downward trend and slowly forming an upward trend or everything will be destroyed. Many investors decide to sell their bitcoins and of course that triggers the price to move deeper lower again and continues to trigger other things that make prices fall further.

The bitcoin price has never been stable and it can go either way,whether up and down,that being said,volatility is a component of the network.
Patience is necessary for one to survive,those who hope to get rich immediately are most times disillusioned with the end results.
Bitcoin should be both s means of transaction as well as an investment option.
Those selling their bitcoins do not really undertand the reason behind the bitcoin

I hope the price will not continue to fall, because this will affect the mentality of the bitcoiners, which will reduce their confidence, which results in selling simultaneously and making prices worse. therefore building trust by presenting positive news will be more useful to form a turning point in price movements

it is possible that this industry will disappear if the price of bitcoin does not immediately recover. okay if you can say that there are many other coins with better projects, but remember, bitcoin is the parent of the crypto market. all will depend on bitcoin.

The problem is that positive news does not have the same impact as all the negative news. Investors in a high risk investment like Bitcoin are very sensitive to bad news. They cut and run very quickly, at the slightest indication of bad news. Most of the shills know this and they capitalize on the trigger happy Bitcoin traders to panic when they spread their negative FUD!

The Bitcoin market is saturated with speculators and the price is centre to their existence. A low price shifts Bitcoin use from being a currency, to being a tradable commodity that needs to be hoarded.  :(  

Negative news doesn't have that much of an affect neither ?

I know people attribute this new fall to CBOE EFT deal however if you look at the historical data, you can clearly see that even before CBOE EFT got withdrawn from contention the price was already dropping and around these levels which means that wasn't the cause. Hence, we can clearly see that the ETF we were all waiting so much didn't get accepted and the price didn't even budge, which means we are not in a bad situation right now, yes positive news are not making the price go higher however negative news are not making it go lower neither. We are just stuck here for time being and will be here until something major changes in crypto.

I doubt neither going down or going up would have any affects on long term price right now, we can be $3k or $4k today and it still wouldn't change the future of bitcoin.

If the price fell too much then you can buy more bitcoins with the money what you have so just take it easy!

Looks like harm for now but in the end of 2019 we may see some huge bump....[shhhhhh]

Yes right, there is a big advantage if the price of Bitcoin continues to decline, so we can buy at low prices. So when prices drop we don't panic, but we have to hurry to buy, hopefully right by the end of 2019 the price will turn into a big increase.

I think downward movement in Bitcoin price is not that harmful because of the fact that we are in an advantage in both down and upward trend. Investors hoard Bitcoins during plummet and sell when it bounce back or make a new all time high. I am not that sure for merchants on what is their opinion regarding a continued movement of prices downward as I think it is so complicated for them.

of course when prices go down is an opportunity, so too when prices rise is a chance too. how we can maximize this opportunity to make it a profit. but most people still have greediness. including me

What if we ae seeing the price declining too much,looks like bad for the future and it may kills the crypto currenies if the bitcoin prices fell below $2000 or lower.So just buy now and make the prices increase soon.

Somehow the see-saw effect of the market bouncing back and forth are quite funny yet frustrating to look at, since if someone dump their bitcoin it is basically adding more weights on the other side(marketcap) while lifting the other side(price) and so on.

I can't really tell if there would be a bullishness this year since most of the speculators are ready for the halving next year.

I think those people have to choose sides. If they think Bitcoin is something unnecessary for the future world, they should sell all of it right away and move on. But if they think that BTC will be used by people on the level they use laptops and smartphones (things that also were unpopular at some point in the past), then they should buy more coins these days, because the price will inevitably rise if adoption will rise 100 times and more. The price might not rise 100 times, but 20 times from today's level is something which is very likely. So, for those who understand that Bitcoin will hardly die because of its uselessness in the future, it's time to start making purchases. Today's market reminds of that we witnessed in 2015 when Bitcoin was fluctuating in the range of $200-$300. People who bought at $290 and then saw it dropped to $220 probably were regretting the buy, but surely they were smiling two years later.

I disagree, the temporary falling down price is not harmful and can be consider as the healthy correction, but if the price continously fall down then its mean people are not interesting in the coin anymore and in long term it can decrease the trust of investors, when more and more investors feel that way then the coin could lose its value and got stagnant growth, so for now its quite important for bitcoin to hit the bull run because the bear market already happen for a long time

I doubt it has a long term bad affects on bitcoin. Like I understand people are out there who lost hope on bitcoin and what it could be but most of those people were people who believed in this project because they thought they could put in 1000 dollars into bitcoin and take out 2000 dollars from it and make profit in fiat.

None of the people who trust bitcoin enough to actually say they would love to spend bitcoin one day instead of cash out actually left. They are still here and people like me who believe in that future will not leave no matter what the price is so on long term the price and downward movement will not have a bad side affect since people who brought bitcoin all the way here are not leaving until it reaches to the point where we spend it instead of trade it.

Any investor like everyone else will not like a project that will fall for a long time. And accordingly he will not want to invest in it. But here there are other people who are just investing at this moment.

It seems that the slow downward trend has been bucked with an unusual spike in the market. This is either due to the usual manipulation, or there is some insider news that an ETF is imminent

however, people see bitcoin as an investment tool, where price increases are triggered by demand, but really how will there be an increase in demand if prices continue to decline? new investors to join and old investors to keep holding the bitcoin, maybe with that, prices will rise slowly and can attract investors, so right now we should multiply positive or constructive topics or posts, and stop complaining or spreading FUD (bad news for sure)

Bitcoin has taken the financial system far away from the current system. Though it hasn't got much of the legal attention from the governments around the globe, the oppositions made by governments at times helped with the growth of bitcoin. Recently the downtrend continued for a longer time period which made people to talk it as a scam, bubble and so on. Today after a long it has shown signs of growth.

in fact there are so many dangers or adverse effects of the decline in the price of bitcoin, many people are stopping their investments and even many people are shaking off cryptocurrency because they feel insecure.
if more people leave, then bitcoin and other coins will no longer be of use.

with the falling prices clearly this can reduce investor confidence, plus now many ico are scam, which makes investors disappointed. of course if this happens continuously, the price will continue to fall

if it becomes our chance to buy a lot of bitcoin but the danger is again if those people stop buying bitcoin. because the more quiet it will definitely have a bad impact on bitcoin and other crypto as well

The investor now becomes more careful to buy bitcoin, and they buy when the price is down. But if they see the price can start to increase, they will prepare to sell but not all of the bitcoin that they have because they want to sell at a very highest price.

I think if bitcoin price can slowly to increase then it will make investor comes to bitcoin again. I agree that we don't need to see the price to get the pump too higher, but then the price is down. What we need to see is the price can increase slowly, step by step to the higher price and soon, the price will be at the highest price, and we do not feel that the price cannot jump to the higher price.

The spread of bitcoin is also easier to accept by people with a fairly good economic level. but for now it is not only an advanced country in the economy but in many developing countries there are still many people who are interested

Things like the Bitcoin ETFs that were proposed was supposed to increase institutional confidence and a safe environment to invest in Bitcoin, but the SEC are dragging their feet to get a Bitcoin ETF approved for them to enter the market.

An approval of a ETF will not give us a gradual increase in the price, but quite the opposite, because it will cause wild fluctuation in the price. We do not need excesive volatility to grow Bitcoin and to bring it to the masses.  ::)

The continuous downfall movement of Bitcoin will bring panic to the Bitcoin holders and they tend to sell Bitcoin  and this will be a god thing for those who wish to buy Bitcoin and invest . this price fall of Bitcoin may be due to the Asian countries are trying to bring regulations to Bitcoin ..The biggest factor driving the price of Bitcoin  is the market over heating says Bertani .and the recent crash is some of the air coming out of the bubble . Last year there was a hike in bitcoin price a sudden hike will happen  after  a . crash down

Maybe you are right that continouous downward movement of the BTC price is not good for long term, but I am selfish and I need cheaper BTC because I did not come here in time to buy whole BTC with my pretty low earnings.

I think it's not really harmful as long you know how to manage what you have in crypto and also it depends on us how to make a limit to every investment we do in crypto. And about the market we need to be calm instead panicking about dropping in crypto market.

Well, from a global point of view, it is not good that Bitcoin keeps going down, because many people see Bitcoin as a digital currency of the future, and those who buy it do so thinking that this currency will be worth a lot in the future. , in fact, people build their castles in the air ... But from the point of view of the market speculator they do not see it that way, they see it in how to make money in a bearish or bullish trend, many do not think about technology, they see it as an action, as the speculators of the Stock Market do ... Although all speculators know, by lowering the price a lot, it collapses those castles in the air of the people and can begin to withdraw from them.

The reason why the price goes down, is simple, everyone wants to buy cheaper to sell expensive, that's why it's all this madness along with a high volatility.

Not only the speculators and investors intervene in the market, we can not forget some miners who are also part of all this, therefore, it is the high volatility, because many people who know nothing about the market can panic, others buy, but for now it is beneficial to have bitcoin, because it will increase, you can not determine when, or how much, but by the structure of the market.

Yesterday, my non-bitcoin enthusiast mother and I had a conversation. Since the bitcoin went down and I consider my mom a non-bitcoin person and tried to ask her opinion about bitcoin.

I was very shocked. I asked her what did she think about bitcoin and she replied: " I heard bitcoin went down and I will never ever think about investing in Bitcoin".

That is how she replied and I was very hurt. The impression of the non-bitcoin people to bitcoin today is very bad and a lot of them have doubt of going into the industry.

I hope we can help bitcoin to go back to its reputation.

So when the market is low at present are you buying it ? I am sure you would not be buying now and when it rises you would regret that you did not bought it . So do not miss this opportunity as you would not get this price back later.

True, if Bitcoin continues to decline is the best time to buy a lot of Bitcoin and save it until 2020, because 2020 is a Halving year for Bitcoin, so we can see prices rise like last 2017, because history continues to recur if BItcoin will do that Halving.

there is no guarantee for that year. I think faithfully holding bitcoin is enough. because we don't know when the bullish market will start. keep consistent with the initial goal must be our handle

I can see the panic and depression among the short term investors which is a heartbreaking and harmful effect on the crypto world due to downtrend movement of bitcoin prices. I suggest for them to be positive and keep the hope alive, it’s definite that the uptrend of bitcoin price will happen sooner than our expectations.

As with every emerging markets,a long bearish trend has had adverse effect on the market.a lot of crypto projects are nearing a zero value and the capacity to raise funds for new project has been greatly diminished.we need some cash injection to remedy these.

The most dangerous impact of the continuous decline in bitcoin prices is that bitcoin does not have a price because if bitcoin does not have a price then bitcoin will no longer be used as a digital asset to invest. That way, bitcoin, and its technology will remain and will not be destroyed but both will not be used again.

Not actually sure what you mean here  bitcoin definitely has a price,just that's it's a fluctuating one,an unstable one that's not definite.And truth be told that's how it has always been.
About the bitcoin not being used again, that will never happen, the bitcoin as of this moment and in years to come cannot go extinct.
Unpredictability is one of its traits and we all were aware of this at the beginning

As stated none is sure about the bullish market of the bitcoin. We are in need of a a bullish market to experience good return from the investment, and the same is possible through holding. Maybe this is little bit confusing and it won't give us with the right time benefiting as predicted. So, it is always good to keep track of the market move and act accordingly to profit rather than getting stuck to targets.

Absolutely I agree.. Unfortunately, the price of bitcoin falls again after rising. if we want the bull market to come.  gradually there must be a steady rise.. many people have lost hope in the crypto market. I hope everything will be better.

Certainly it creates a panic among investors, but if you are not going to look at bitcoin prices on its current state but on the possibilities of it growing in the near future, there is a possibility that you might just want to hold as much. When prices of bitcoin did go down, many are waiting for it to hit the rock bottom so that a new start could just begin. But it didn't happen too low and was only around $3,000. If it did a sudden jump in price could have been expected. People new of bitcoins utility so that there was not much of a need to panic at this point in time.

I have the same perspective with you though, I understand so well that the continuous downward movement in Bitcoin price is not good because it discourages some investors and incoming investors but selfish people like us want it to go down very well so we can buy as much Bitcoin as we can, this is because i so much believe that no matter the amount it goes down to it will surely rise above its last highest limit.

I will encourage investors to see this period as a time to accumulate more Bitcoin,buy as much as you can so as to be among the billionaires Bitcoin would be raising in the nearest future.Just don’t be in a hurry for it to rise but have the hope that it’s a good investment to do.

Do not think about making a profit with bitcoin in the short term, because you will lose if you do it as an investment, if you invest in bitcoin you should think in the long term, the only way to make a profit in the short term is if you become a bitcoin speculator , following the direction of the Market and win from there.

economy moves in a circle.  that is why nothing is permanent.  every bull phase is bound to be followed by a bear one and reverse is also true.  there is no problem in circular movement.
but if the bear phase continues and  lasts long time it is bad.  It should not happen.  Because if downward trend continues for long; people will start leaving this market by withdrawing their investments.  New investors will not come to the markets. It will further push the downward trend resulting in more loses to the holders. 

yes I agree with your point Bitcoin is not like the other investment if you can make the profit while the price was very low at the time of bull run and we cancel our investment and make the prophet Moses is the main thing of all the investors to stay here in this field for long period of time.

Then, this just means that you are affected by the harmful effect of the continuous downtrend of Bitcoin price. Well, if you ever meet someone that doesn't like to invest or want to say something stupid because they think Bitcoin is just a scam then think of them just like your mother. I mean, not really hate them but ignore them because they just don't know what they were talking.

Exactly bro and only wise investors will know this. This downward trend in bitcoin is a great opportunity to buy, there are so many who are glad about this time. It is only unfortunate that many bought already when it was quite still high and they are so impatient already seeing the decline but it will definitely get back better, and with the prediction of bitcoin rise for 2020.

I hope it is not a selfish wish to see Bitcoin go down a little more because I have a goal and I want to be among those who would be glad they bought at this time.

I agree.Bitcoin will not give you more profit if you just do it in a short term investment especially with the low market price today.It will be more beneficial and profitable if you make it as a long term investment.So try to buy more potential coins right now and sell it when a bull run comes.In this way,you can really make a huge profit.Patience is what you need the most.

The downtrend of Bitcoin and cryptocurrency is the main reason for the appearance of ICO scam and I think if the situation continues to happen in the next time, the investors will be lost belief about Bitcoin and will leave the market. So that I hope the uptrend of this market in the next month.

if the price continues to fall uncontrollably this can make the confidence of prospective investors can be lost, this should be anticipated by market participants by making large-scale purchases, to be able to raise prices so we must jointly participate to be able to make the investor grow ...

The definite impact of bitcoin is losing the trust of its owners, because most of them are speculators who expect prices to rise. But in reality the prices continue to fall, they just shut up and wait for the movement of the bitcoin price to improve.
They don't care how long the price will go up because they have big capital. But the owner of a small capital was panicked and made a decision to sell it to reduce even greater losses. Their fear has the effect of losing confidence in botcoin.

what can we do so that large-scale investors can buy crypto? certainly not an easy thing for that, need a big news that can support their beliefs. on the other hand the current price decline is due to negative news that keeps popping up, making people panic. but we must be sure that the future of crypto will shine later

if bitcoin is controlled by whales then what do you think about bullrun that happens to bitcoin?
does that matter also whales do? it would be very strange if they dared to buy bitcoin at a more expensive price

there is no prediction that can ensure because it has become a risk in investing and in my opinion the future of crypto currency depends on the investor itself if a large investor confidence at a reduced price will not cause panic and fear of investors

Decline in the price is a good thing because this what makes investor attracted  to enter cryptocurrency  because how can they profit if the market is already in bull mode ?  they could only loose of they buy at ath's  . also , news does not make or break the price because not all news are legit  . other known factors like manipulation is the real one .

The most feared by the owners of bitcoin is the loss of trust which will impact prices falling down uncontrollably, and observers who do not like bitcoin will voice shortcomings that are increasingly loud.
Because in principle, trust is the main factor, prices are maintained and investors are sure that bitcoin cannot fall.

trust is gained from the news circulating, with positive news it will increase the confidence of investors and traders, and vice versa. therefore in this development process positive positive news is needed

That is definitely because there is already a lot of investor money in Bitcoin, and when the price of bitcoin will continue to be destroyed, there will be many investors who lose trust so they will run away from bitcoin too. and that's a big impact for bitcoin having difficulty developing again

Now the trust has been building up on among he investors about bitcoin since the beginning of new year,and it is much faster rate when compared to 2017 at this level.

Hopefully there will be more investors will come into the market which makes the price to shoot up.

the main think is it will give a huge disappointment for the investors to stay back without tension but the dumps also give and teach something not to trust anything but we all know the cryptocurrencies are like this especially Bitcoin has to move forward at the situationt trust anything completely but you know the Crypto currencies are like this especially Bitcoin has to move forward at the situation.

therefore we must be able to help popularize bitcoin to the public so that it can encourage growth to be able to increase its value. the more people who believe in investing in bitcoin, the greater the chance to raise prices again

Yeah, you can say that it's an opportunity to get low priced coins but then you also have to consider how the people outside crypto would feel about it. Nobody would want to invest money in a plunging market. It's going to be hard recovering from such happening.

I totally understand that it is not so easy to invest large amount of money in a business and not have the fear of uncertainties but fear will not help, it will make us loose more, we just need to believe in the system, if the system was going to die, it would not have lasted up to 10 years and I think this is even the best time to build more confidence in this.

The problem we are seeing today are because of the manipulation of whales and this action of theirs is scaring genuine investors because I don’t see whales as genuine people other than people coming to the market to scam others legally. But with time, their activities will fade away.

It is indeed true that it made some bloodshed of money feom the investors and are now stuck in holding it. It may take some time to recover the market but once it will recover as soon as it will going to reach on 6K USD probably we will be able to see a drastic market price increase. Just saying!

Recovery would be soon and it would be quick as well beacuse it is well short of what price it should be trading at . So it would be better to stay invested now and make the gain enjoyable as you would create a wealth for yourself if you stay invested in it .

That's true, but now is the right time to invest since the price of bitcoin is low, though the drop maybe because of whales manipulating the market to there advantage but we can help future investors understand that the drop in price is just temporary, bitcoin is a strong coin that is worth the risk and I don't worry much about the drop because I know one of these days it will rise back up again.

we can not attract big business to invest in cryptocurrency.  There are completely different considerations for which, for example, the stock market or the securities market can use the cryptocurrency market for its intended purpose.  But a large percentage of investments in the cryptocurrency market are provided by ordinary users, who are often influenced by the information space, through which they either decide to invest, or run from the cryptocurrency market in fear.