Bitcoin is completing another cycle - when the sun sets it always rises again

[jademaxxiss012]

Well still it is a speculation. We do not really know what will going to happen with bitcoin and this is being prove already when market price drop to even 3k USD something and that is not a joke. It could end anytime just like a bomb but it could also go up as what OP stated. For now, I am hopeless in investing bitcoin but maybe if market will have a good sign to invest again then for sure I will do invest again.

[steampunkz]

Lets still have faith for bitcoin to recover soon, If it manipulation then there still a big chance for btc to go up again, BTC is the number 1 cryptocurrency in the world right. It will survive this chaos, price btc is still okay for me,

[jrrsparkles]

If the cycle is going to repeat again and again then the bitcoin will be never used for what it meant to be,so having cycles on the prices is not good for the currencies and we need to help the prices to be more stable by start using as payment but now we are just dumping and selling to make profits,if we keep doing this then bitcoin may fails someday.

[BrewMaster]

that is part of the problem: the cycle!

there is cycle in a market. you can never look at the history of a market and then say it is going to be repeated. it is the case with any market but around here with bitcoin people seem to insist on breaking that rule and set this market apart!!!
and guess what they succeed... when everyone believes in the "cycle" it will happen. meaning price drops, the bear market last a long time whereas it should have lasted a little and there will be a huge "pump" that will result in a gigantic bubble afterwards!!!

[Wingleness]

With the cycle going over and over again, it will create a form of bubble, reason I believe some set of people claimed Bitcoin to a bubble which will burst. People need to change their perspectives about the cycle and let Bitcoin carryout it's normal course.

[TheLoser]

With the cycle going over and over again, it will create a form of bubble, reason I believe some set of people claimed Bitcoin to a bubble which will burst. People need to change their perspectives about the cycle and let Bitcoin carryout it's normal course.

Bitcoin is inherently a speculative tool. Now bitcoin has fallen by more than 80%, many in a panic sold it at a loss. But I think soon there will be a change of trend to upward.

[cahbagus555]

I am agree, with bitcoin price drop, investor must be thinking to invest in others project and makes market more healty. But looking on bitcoin dominance, i am believe bitcoin dominance will decrease in near future and others coin dominant will increasing dominance