Bitcoin on the LOW!

[R9s]

Most people don't know why Bitcoin has fallen. In fact, the recent market decline is caused by ICO. They don't have much impact on Bitcoin, and ETH is the biggest victim!

[talkbitcoin]

Down market is always good time to invest. That's mean this is the right time to buy BCT.

not at all. when market is down it means you should sell. what makes it good time to invest is reaching the bottom or being close to it not just dropping. for instance $15k was also a "down" for bitcoin but it wasn't the right time to buy. but the bottom or close to it is these days near $6k to $7k and that makes it a good time to buy bitcoin.

[choychoy]

Yeah it's on lower price compared to the normal price and buying today will give you chance to get profits once you hold your bitcoin until the market recovers. Have more patience as this will take enough time.

[hacekd]

Bitcoin holders who have 4,000,000 Bitcoins purchased before 2011 for $100 or $200, they have the Bitcoin market.

When they sell, bitcoin is going to $2000.

take this opportunity, never think that bitcoin will continue to go down forever, take as much funds as possible to buy a few btc, and you have to believe the end of the year the price will increase several times.

[JimboToronto]

Bitcoin holders who have 4,000,000 Bitcoins purchased before 2011 for $100 or $200, they have the Bitcoin market.

When they sell, bitcoin is going to $2000.

Bitcoins purchased before 2011 cost less than a dollar each, not $100-$200. Remember that a $20 pair of pizzas cost 10,000BTC in 2010.

Anyone holding since then is unlikely to sell more than a tiny amount if they absolutely must sell, maybe a couple of hundred coins if they needed a couple of million dollars to buy something.

I seriously doubt Bitcoin will ever go below $6k again.

[OrangeSeller]

some people like to see a decrease in bitcoin prices, because they use that moment to buy as much bitcoin as possible. and they will hold until the price rises again.

Apparently, who would not like price reductions for anything ? This is more like the market giving you a discount to buy into a market that was once high before and for those who said they want to invest, I believe that is where the idea of investment comes from as long as they understand the benefit they stand to gain in the long run.
A lot are still trying to expect the market to go up more than it is, but we still have to understand we are in a downtrend and a little upward movement is not a guarantee at all.

[maarx]

This has been an important topic around taking place from the beginning of this year. Yes again bitcoin value went down but don't get panic take this opportunity to buy more bitcoins. Because we all know bitcoin has a bright future, the price will certainly increase after the recent dump. So just hold the bitcoin you have and once the market recovers, decide and sell them off for a better price. I assume that the value will not fall more than $6000 now, so hope for a decent income in few months. Hold back your coins with patience and confidence.

[reactorjuno]

Quite honestly, hard to guess about the near future.
The price should have went down more 3 weeks ago, but the support around 6000 is strong
To break this support... difficult it will be I think.



That chart is the reason why I have no idea about the near future. Looks like two different trends, opposite trends going into a fight. Which one will prevail?

[websoftwareengineer]

Bitcoin holders who have 4,000,000 Bitcoins purchased before 2011 for $100 or $200, they have the Bitcoin market.

When they sell, bitcoin is going to $2000.

take this opportunity, never think that bitcoin will continue to go down forever, take as much funds as possible to buy a few btc, and you have to believe the end of the year the price will increase several times.

Yes you are right, you should always take the opportunity every time the market prices are dumping because in this way you can earn more profit when the market starts to pump up again.

[aeternus]

All the market is going down right now, bitcoin is experiencing a slight but a very slight recovery, I really think that people need to get used to the idea that the market is going to be very bad for many months or even years, this is going to be the only way to survive this without losing your mind or losing your money, but if you're holding something other than bitcoin then you are probably going to suffer even more.