Bitcoin Forum

What is the solution for price sliding of bitcoin? Singapore refused to regulate bitcoin and other cryptocurrency trading but instead promotes it.

In my opinion, the BTC is the same as the commodity and gold.

If a lot of people buy BTC I think BTC price can go up!

Any market is about supply and demand! That's the rule!

In this industry there is so much panic based on the noise about regulations and government trying to control what is termed to be decentralized from foundation. But its possible to regulate and not create panic in the industry

I agree with your opinion.
The mass interest also influences. The jump in prices, recorded in 2017, is connected with this phenomenon.

you can not do anything to change the direction that bitcoin is headed whether it is going up or down. your question is the same as asking what can be done to stop price from "going up again"!

the drops happen, and the rise happen too, without your control. you just have to learn how to use them opportunities.

Singapore will probably be Asia's crypto financial hub. They also have very harsh laws against scammers/fraud too within the Country.

A few quality crypto projects are already developed or being develop in Singapore.

Good to look out for crypto projects that are heavily business focused, and trying to establish links with other countries in the region, and with China/India, etc. coming from that tiny but prominent South East Asian country. The crypto projects will probably be less focused on being a decentralized currency though, but to focus on conformity with the rules and regulations of the individual countries.

I agree with you and its opportunity to buy and hold now

To stop the price of bitcoin from sliding down again we all should ignore all the FUD and buy as much bitcoins as we can. Of course it's the whales who control the price with their pump and dump groups. They can manipulate the price for their own benefits.

I agree with you! FUD always make people become panic sellers since some of them did not know cryptocurrency very well and they are just hoping for the guidance of others.
Whales are controller of the market and we all know that they can manipulate the price so we must go with the flow.

I also agree that most of the time bitcoin's decline is due to panic.
and I think that reject the FUD as the best way to stop bitcoin from falling.

All we can do is:
First, if you have money then buy bitcoin as much as the price is supportive for us to buy.
Second, do not sell the bitcoin we have now the sale will reduce the market capitalization.
Third, spread positive information about bitcoin because the news will at least affect the state of the market.

I agree with you seriously about whales manipulating price and trying to take advantage of the market.

I agree with spreading the positive information about bitcoin

I agree we cannot do anything with that but if government continues to threaten the industry with all manner of regulations, it will cause automatic panic sell and the market will remain in negative. I think government should constructively regulate the industry.

Do you know bitcoin was $20,000 last year?

It is decentralized, if you put a great buy wall maybe you can slow this fall or even stop it, it depends on people, it is affected by news but actually the ones who dump it you and me.

I agree with your opinion

 i think the price could be stopped from sliding again by making bitcoin more accessible to people, supply and demand is the main reason for price changes . loads of people I know wouldn't have a clue how to get them. I think this in turn would make the market more stable as more people would have a better understanding and wouldn't be incline to listen to the fud .education is key as loads of media don't really know shit and on many occasions ive read articles that are just wrong .they just print whatever they think and some people listen regardless .

just buy if prices go down and sell if they go up ;D

Yes agree with you
News definitely will affects the way people will respond to it especially the negative ones. It will cause a panic sell generally.

yes but THIS time last year it was $1000 so its a lot higher

I agree

Yes I agree with you
Its necessary for the growth to take place to make it attractive. But by now the price should have been about $20,000

One of the reasons why bitcoin price falls down is because of correction, whales selling their bag of bitcoins, people spreading FUD, and weak minds panic selling their bitcoin. But that's all part of the the cryptoworld already and we just have to let ourselves get used to it. Just HODL, no matter. It's the least we can do, IMO.

There is none, If the price of Bitcoin will become stable then there will be no one to do buy and sell with it. Bitcoin price going down and up makes the traders more happy. Anyway price of Bitcoin today is still higher compared last year February so no need to get disappointed.

At this time you can't do anything to increase or decrease the price of bitcoin . This is because at this time of the year many countries are renewing there budget so this budget making is one reason that the market goes down every year at this time. People are more concerned with whats happening in their country rather than with bitcoin at this time. Another reason can be due to the down fall in the stock market recently . This has affected the bitcoin so much that it decreases to 6200$ . So, at this time you can just buy more and more bitcoins and wait for some time as the price will eventually increase .

I agree
With positive news price will be stable and it will grow gradually.

I agree with you
But the crash is very deep

I agree with you
Only weak mind panicly selling

     Well, I really do not think that there are a lot of things that we can do to prevent or to stop this kind of things from happening to bitcoins or to the whole crypto world. the reason as to why is because we all have different minds and obviously see things differently from one another. Which means that having the same wants and beliefs as always will never happen. Some will be negative and spread their negativity while some will be more positive and 'show great trust and faith that can actually influence some of the negative minded people. But the thing is, negativity can also do so much influencing as positivity can. So in the end, there is still not that much we can do but just be positive and hope that by spreading great news and positivity, we can influence others to be as positive as us also.

Bitcoin is base on the law of demand and supply so I think if a lot of people will support bitcoin and start buying some for investment, the demand will really increase and will lead to lack in supply since number of bitcoin in the circulation is limited, and with that the value of bitcoin will have to increase so that the supply will become available in the market.

Trading is done by an individual but the it's result is faced by every trader. We buy/sell crypto for ourselves and as a result the price goes up and down. So there is pretty much nothing we could do but hold the coin and wait. We should probably just hold what we have already got and if possible, try to buy more in order to sustain the price of Bitcoin. Only when all the start buying BTC as they were before, the price might go up again.

siclan is talking about the price before that, 20k all-time price mark just occurred in December, but before that, the price ranges from 1000 to 5000 USD which is pretty low. You can include the negative fluctuations in its price so it's still good that the price of btc did not fall under 5k, market cap is still 140 bln compare to last time which is 50 billion USD

With perfect timing, you can assume that it is the lowest or the highest price though it is not.

Just keep Holding.
Many people are afraid that the price of Bitcoins has fallen so they sell. But they did not know they become the reason why the price falling further. So just hold it until its price is back in the past.

There is no an appropriate solution to control he price of bitcoin in the market. Bitcoin is unstable and one factor why bitcoin price decreases is because some holders who sell their bitcoin one at a time. And that is the reason why bitcoin price dumps; but if the supporters of bitcoin will continue to grow there is a higher chance that its price will be doubled and will continue to increase in just a little span of time.

This is the main reason why btc price is so unstable. Panicky btc holders that sell their coins with just news. Government is concerned with ico's that are taking money without legitimate projects. So i think regulations about that is in order.

What we can do is to continually support bitcoin.  We should not let bad news affect our insight about bitcoin.  We should not panic sell because when we do, bitcoin price will go down.  It is better to just hold our bitcoin and wait for its price to goes up again.  And do not read too much negative news about bitcoin, and ifyou come across one, do not share it with others.

No single person or organisation can control it. It totally based on demand and supply. Market panic definitely will affect the market. If panic or extra sellers come then no one can stop it to price sliding.
You can secure by taking daily updates of price and news regarding it.

Do not sell your precious btc. Stop getting panic. Do not concentrate on Fuds and try to motivate people who lives around you about usage of btc. May be btc was overpriced but 7k is the solid price.

Newbies like you do not panic about the price fluctuation means that is enough to find the better stability in the price dumped little. When there any fake news has been shared in any telegram group or news sites. Please ignore those information to the forum. If that is good concern to make the people recover or alerting them. That is the big blunder buddy.
This is how corporates and people does not want bitcoin to reach all the people. Kindly bad news and take only good news and any adaption happens.

The price sliding which is seen in the bitcoin price chart is due to many reasons which occurred in the last few weeks and I can say that right now we can see some strength in the crypto market soon especially in the bitcoin price charts as there are few candle pattern occurred in this week with some large volume in action and now not only Singapore but also countries like China, India, Nepal and many other countries are against the Bitcoin and another crypto from last one month and this type of news spreading is the major cause for the bitcoin prices to fall.

That is indeed true and now that investors are afraid of putting their money into bitcoins, Its going to be a while before the price can fully recover but the good thing is that the dumping has stopped for the time being which is very good.

Tricks of the trade should keep us calm and not be too quick to make decisions. most users of BITCOIN if you see a situation like this panicked and immediately sell it, but that kind of thing that makes the price down. preferably Waiting in the wings and keep holding it until the price recovers.
I think for now there is not much that can be done, we just need to calm down and do not panic. if expecting a stable price is not possible and you should know that the rise and fall of its price is not strange because that is where the savvy users take advantage.

The only thing that can stop bitcoin to slide down again is when people stops selling their stakes in loss due to panic situation.Selling of bitcoin is a major setback as it reduces the market cap and that affects alts too.One more thing that we can do is avoid believing in FUDs and fake news.This kind of news are the major weapons of person or group through this they make people to panic and sell.Soo it should be avoided.

When bitcoin's price goes down, just relax and have patience. In fact, it's the best time to buy bitcoins when they are low. Hold on to your bitcoins and don't panic like others do. If there's more demand than supply, of course it's one contributing factor of making bitcoin's price goes up. Those who easily get nervous and dispose of their bitcoins, they're more than likely helping the bitcoin's price sliding down the road.

Well, the price of this bitcoin makes us worry about that.
It could be deeper again because the news is not stoping yet. But its not a big matter for us now. We have the good way to stop it but its very hard to do it. Tje way is just hold bitcoin that you have. Dont sell it then the price will back up. Dont panic anymore buddy

The exchange rate of such currency as bitcoin is formed due to active demand, as it happens with other currency assets. But since bitcoins have a low total market capitalization, the bitcoin exchange rate is strongly influenced by the massive hype and big players. Global demand and the fall of any e-currency occur regularly, and it depends on the willingness of users to buy e-currency.

This can not be done, because even an good currency sometimes falls down. Bitcoin have greater volatility than regular currency and accordingly losses will be greater.   

in the world of investing, we never know when stocks will fall or rise, we must be obliged to always see the market price of whether it is down or up, as well as dibitcoin this, because bitcoin investment just like other stock market, there is up and down. if bitcoin is down it's time for us to buy it, and if bitcoin is rising it is certain we sell it according to our personal desire. this is the world of investment, we must always look at the market price in every time, and we also have to be patient.

No it's good if bitcoin go down or go up because we can earn by that i think all users want that cycle of btc price and it's run by that,Think if the price of btc is stable only i think the earning here will become little only and some investors will not do some business here again like they will bitcoin.

There are a lot of things you could do to prevent or at the very least alleviate abd lessen the damage of bitcoin's continuous dips. Tge most important of tgese things is not practicing panic selling. As this activity hurts bitcoin's value therefore crippling and hindering bitcoin from recovering at its losses. Another is buying when the price is down. This measure is intuitive since when you buy, you are not only helping bitcoin recover but you are also discounted since bitcoin's value is much cheaper at declines. And you can ensure an increade once the dip had stopped.

There is nothing to be done to prevent Bitcoin price from falling. This is normal process and it's impossibe for Bitcoin price to rise all the time or even to stand still.
What everyone can done once that happens is not to panic sell your coins, this could only make situation worse.
But I guess this is the question of experience.

Traders would always prefer on having a volatile movement of bitcoin and into other altcoins in the market which they can really make out money into these movements.You are definitely right.Earning would really be too little if bitcoins price tends to be somehow on stability or minimal movements.For sure traders would really lose out their interest on trading up bitcoin. This is why price corrections do normally happen and there are lots of fundamentals do affect it.

Bitcoin can be stopped from sliding down if more people start buying bitcoin. As everything depends upon demand and if the bitcoin's demand increase, its value will increase significantly.

I'll tell you more. Germany legalized bitcoins. Based on the news, cryptocurrency will grow. This process is inevitable and there is nothing wrong with it.

Having people who buy massive amounts of Bitcoin. It is just a matter of time till this happens. History should teach us something