Bitcoin current situation

[Thalassadna]

Thank you very much for your sharing. I will pay attention to it, as always believe in this new market.

[Souw33]

Bitcoin is popular not because of its use, but because of its benefits and financial benefits. Many people have become rich due to bitcoin, so more and more people are learning bitcoin because they want to be rich.

[Nilda]

The current situation of bitcoin kind of similar to other currency markets. At $6,500 as I write this comment, it is showing signs of stability than the previous month. Let’s just hope this can be sustained on the way to another record run.

[keycellko]

There's really nothing wrong with regulations. It only means that a country is willing to accept bitcoin provided bitcoin abide by certain rules that may prohibit crime in the country. These regulations help boost the morale of bitcoin to limit it from being used by fraudsters or crimes such as drug and money laundering.

[Jedabucol]

Hopefully BTC again reach its highest point again. I know BTC has dropped dramatically, we should be lucky to be a part of it, because lot of people are still floating information.

[Dukjila]

The current situation of bitcoin kind of similar to other currency markets. At $6,500 as I write this comment, it is showing signs of stability than the previous month. Let’s just hope this can be sustained on the way to another record run.

This is due to the fact that the price of all cryptocurrency depends on the cost Bitcoin.
Bitcoin stability is relative, if 10% at $ 6.5K is stability, then at 15K - 13.5-16.5K (10%) is also stability.

[samcrypto]

There's really nothing wrong with regulations. It only means that a country is willing to accept bitcoin provided bitcoin abide by certain rules that may prohibit crime in the country. These regulations help boost the morale of bitcoin to limit it from being used by fraudsters or crimes such as drug and money laundering.

Regulations is what we need so more investors will come to use confidently, though some people see this thing as a bad thing for cryptocurrency, but as long as the government will support this technology I will support them. The current situation is really in a good position because the market is able to survive so many dump this year.

[dongosquad]

There's really nothing wrong with regulations. It only means that a country is willing to accept bitcoin provided bitcoin abide by certain rules that may prohibit crime in the country. These regulations help boost the morale of bitcoin to limit it from being used by fraudsters or crimes such as drug and money laundering.

You are right, even though the regulation is limited but most governments only prohibit the use of bitcoin as a means of payment. As long as bitcoin is still allowed to be used as an investment tool (although at high risk) it is already quite profitable. Let's make the most of this opportunity.

[cuteboy2016k]

Don't compare the current market situation of bitcoin because bitcoin is very violating asset and there is goo chance to price will rise again in couple of months, so there have great future for bitcoin, Current market situation is so bad for bitcoin and crypto currency also. Bitcoin is very popular and more peoples are buying bitcoin so this is best time to buy bitcoin and keep holding for couple of years,

[jrd2828]

Don't compare the current market situation of bitcoin because bitcoin is very violating asset and there is goo chance to price will rise again in couple of months, so there have great future for bitcoin, Current market situation is so bad for bitcoin and crypto currency also. Bitcoin is very popular and more peoples are buying bitcoin so this is best time to buy bitcoin and keep holding for couple of years,

Bitcoin at this moment still struggle, and its been struggling since the last few months. Bitcoin dramatically down in the market today and as of this moment it has a cheaper value of $6.7k. Really it has poor condition in the market today, but the good thing is many still believe in BTC and its capability to rise again this coming years.

[stayeduptolate]

Hello everyone,

Last couple of month bitcoin price is getting lower dramatically. Worldwide crypto analyst giving speech on this regarding issue. Obviously its a fatal matter for bitcoin holders but i will suggest them to keep patience on bitcoins current circumstances. This year many of the countries start the regulation process for bitcoin and other cryptocurrencies. Russian govt already take decision to transfer their crypto exchanges to Switzerland until regulation process ends in their country. From my thinking i think bitcoin will gain his past track when the regulation process will end one by one in those countries. Worlds financial analysts already said that virtual currencies is going to be the change of paper note. its true that still world financial transaction continuing based on local currency but that day is not too far when Every single financial transaction in the world will be completed using bitcoin or other crypto currencies. Till then lets promote the fame of bitcoin worldwide.

Dear guys i just share my little knowledge on this regarding issue. your advises highly accepted here . Thanks

Bitcoin was introduced in 2008 and since then it has made tremendous progress and has established its existence and proved that it is very sustainable and versatile crypto currency but we all know that good time is not ever permanent and the ups and down are very common in every kind of investment so this time is not going good for bitcoin because the valuation has decreased to very low extent and moreover the number of investors are also decreasing but I believe that this time will be over and bitcoin will shine once again.

[dangkhoasn]

I think this is possible. At present bitcoin prices are still on the rise slightly. Good news for those who are keeping bitcoin 

[Mary Taylor]

After rising to near $10.000, peaking at $ 9,990 on May 5, the world's largest electronic currency witnessed a sharp drop in trading value in the $7.920 area - equivalent to a 20% just for 2 weeks.
However, the BTC is still 10% higher than the $6000 lowest level in 2018.