Is the current price drop considered a normal phenomenon?

[senin]

Not only in Bitcoin and Ethereum, but at least 90% of the cryptos prices are going down at this moment.  Many Youtubers said that this is normal in the cryptos space, are they correct?  I am not in this market long enough to understand this.  

Price fluctuations are common in cryptosphere. If you look at the stats, the current bitcoin price is around what it was 30 days ago which is a normal phenomenon. If you look at it as the price has just dropped to what it was 30 days ago, you would not panic. If you are always expecting an upward trend then you are in for a surprise. You will get used to it sooner or later.

Without fluctuating the course of bitcoin, there will be no movement ahead of him. Activity on the exchanges always increases when the rate of the crypto currency starts to jump. Therefore, I consider a certain downward trend reversal for bitcoin to be a common occurrence. The rate of a crypto currency is much more subject to fluctuation than a conventional currency because of the nature of the crypto currency itself.

[futile-resistance]

Not only in Bitcoin and Ethereum, but at least 90% of the cryptos prices are going down at this moment.  Many Youtubers said that this is normal in the cryptos space, are they correct?  I am not in this market long enough to understand this.  

Price fluctuations are common in cryptosphere. If you look at the stats, the current bitcoin price is around what it was 30 days ago which is a normal phenomenon. If you look at it as the price has just dropped to what it was 30 days ago, you would not panic. If you are always expecting an upward trend then you are in for a surprise. You will get used to it sooner or later.

Without fluctuating the course of bitcoin, there will be no movement ahead of him. Activity on the exchanges always increases when the rate of the crypto currency starts to jump. Therefore, I consider a certain downward trend reversal for bitcoin to be a common occurrence. The rate of a crypto currency is much more subject to fluctuation than a conventional currency because of the nature of the crypto currency itself.

As you said about downward trend it is happen in everything suppose if you start a business of shop. Some days you will have high demand some days you will have less demand like that bitcoin. If we promote bitcoin to everyone then we will see the price of bitcoin in $50,000 in a year if we are sharing blushed and just talking nothing here then the price of bitcoin will be remind constant.

[Zemangat]

The decline in bitcoin prices is something that can happen. Considering the bitcoin votality is unpredictable. It could be bitcoin prices up. Or even down. It can not be known. But according to economic law. A price is affected by demand and supplay. If it's a lot of demand it will make bitcoin go up. But if requests are few and many sell bitcoin it will make the bitcoin price down. And at times like this I suggest you buy it .. maybe a few days to come bitcoin prices will go up and you will benefit

[MMA]

The decline in bitcoin prices is something that can happen. Considering the bitcoin votality is unpredictable. It could be bitcoin prices up. Or even down. It can not be known. But according to economic law. A price is affected by demand and supplay. If it's a lot of demand it will make bitcoin go up. But if requests are few and many sell bitcoin it will make the bitcoin price down. And at times like this I suggest you buy it .. maybe a few days to come bitcoin prices will go up and you will benefit

although most of the time we examined good fluctuation in the price of bitcoin but the currency decrease is not a normal. it is because of the 1st August event, but i am sure that very soon the 1st August fear is going to finish very soon.

[Edrian]

The decline in bitcoin prices is something that can happen. Considering the bitcoin votality is unpredictable. It could be bitcoin prices up. Or even down. It can not be known. But according to economic law. A price is affected by demand and supplay. If it's a lot of demand it will make bitcoin go up. But if requests are few and many sell bitcoin it will make the bitcoin price down. And at times like this I suggest you buy it .. maybe a few days to come bitcoin prices will go up and you will benefit

although most of the time we examined good fluctuation in the price of bitcoin but the currency decrease is not a normal. it is because of the 1st August event, but i am sure that very soon the 1st August fear is going to finish very soon.

Yes indeed. The decline is so huge because of the panic selling going on. What if the august 1 happening is just a FUD?
I also agree on the primary post that it is a healthy market if the value is going up and down. That is a part of it. The only thing I can do is buy when its low and hold for a long time

[The Sceptical Chymist]

Sweet Jeez you must be a total noob to crypto!

Yeah, what we're seeing is normal, but there's also the fork to consider.  The fork is throwing a monkey wrench into the works--no one knows exactly what's going to happen post-fork, so that's definitely affecting the price.  But you saw we just tanked to $1900 and rebounded.  That's almost a $1000 drop, right?  It's nausea-inducing, but relatively normal for crypto.  You should have been watching in 2013-14.  That was some crap right there.  And look, we're back, better than ever.  So if you believe in bitcoin, just hold it tight and don't let the bumpy road dissuade you from owning it.  You ought to keep a barf bag handy for months like this, though.  It's best not to keep watching the price, hard though that might be.

[Inkdatar]

The decline in bitcoin prices is something that can happen. Considering the bitcoin votality is unpredictable. It could be bitcoin prices up. Or even down. It can not be known. But according to economic law. A price is affected by demand and supplay. If it's a lot of demand it will make bitcoin go up. But if requests are few and many sell bitcoin it will make the bitcoin price down. And at times like this I suggest you buy it .. maybe a few days to come bitcoin prices will go up and you will benefit

although most of the time we examined good fluctuation in the price of bitcoin but the currency decrease is not a normal. it is because of the 1st August event, but i am sure that very soon the 1st August fear is going to finish very soon.

Yes indeed. The decline is so huge because of the panic selling going on. What if the august 1 happening is just a FUD?
I also agree on the primary post that it is a healthy market if the value is going up and down. That is a part of it. The only thing I can do is buy when its low and hold for a long time

This is normal as the current price may fall and may high. Bitcoin has been known its votality price thats why most investors grab the opportunity to buy at dip, hold and wait for the price to increase. Yes, some got panic that cause for the dump but holding for now will earn profit in the future price will soaring high.

[aoihs00]

Yup.


If you can't take it then park yourself at the sidelines. The price always goes in cycles of hype and despair.


You didn't think it was going to continue going up for all eternity did you?

Indeed, one must be firm with bitcoin cyclone as it moves irrationally through the time. The ups and downs has to be there for bitcoin to push itself in the market. If downward movement comes then most of good investors know that it's a time to buy the bitcoin, so they invest and make it more sustainable value. Then the rest happens, upward movement.

[cipotok]

I think the bitcoin price drop is reasonable because it could have influenced the development of the market, because I have not really what the effect of rising bitcoin prices rise.

[Dudeperfect]

I think the current price drop is related to the panic selling wave which is evolved under the pressure of 1 Aug event. However, there is no need to worry about it because we have seen such waves many times before and in fact, it is an opportunity for those who are willing to enter in the Bitcoins as they have a chance to buy Bitcoins in dips.

[Schuyler]

The price has held pretty well even if August 1 is just a day away. And in case a split happens, I think that would just affect the price a little, depending on how much support BCC gets. The ones who are selling must be the noobs or panic sellers who are a little uneasy about how things are going to unfold.

[evilgreed]

No one really knows, Bitcoin and altcoins have crashed before and they have rebounded, but big speculators entered the markets in the last few months and they are all cashing out now and moving to investments like real estate, gold and fiat again, so we have no clue what happens next.

      I so much agree, nobody has any information what will really be happening in the next, and as far as I am concern mostly it is just normal when the price comes down the raises up, it is just that everything happens when there are updates or news regarding to an event or what will gonna be happen, like the current spreading news about this coming august. Let us just wait and see it ourselves what will happen.

[Armstand]

No one really knows, Bitcoin and altcoins have crashed before and they have rebounded, but big speculators entered the markets in the last few months and they are all cashing out now and moving to investments like real estate, gold and fiat again, so we have no clue what happens next.

      I so much agree, nobody has any information what will really be happening in the next, and as far as I am concern mostly it is just normal when the price comes down the raises up, it is just that everything happens when there are updates or news regarding to an event or what will gonna be happen, like the current spreading news about this coming august. Let us just wait and see it ourselves what will happen.

Our wait will be iver tomorrow, we will see what us going to happen , whether our speculation is real. But i'm still hoping that the price won't fall big time.

[crazyivan]

People sell alts to buy BTC to able to get free BCC. However, this is a very poor decision cause you wont be able to get anything meaningful for you BCC, the price will be dumped to oblivion and it s highly questionable at what price you can get back into alts you sold.

[googlebtc]

No one really knows, Bitcoin and altcoins have crashed before and they have rebounded, but big speculators entered the markets in the last few months and they are all cashing out now and moving to investments like real estate, gold and fiat again, so we have no clue what happens next.

Agreed with you, because nobody knows, bitcoin and altcoin have fallen before and they just recovered a few moments. Only someone who feels panicked they switch to investing in gold or bitcoin they make into fiat

[Biggapp]

I think the bitcoin price drop is reasonable because it could have influenced the development of the market, because I have not really what the effect of rising bitcoin prices rise.

yes here I am agree with you that dropping price is a process that is not a big deal it is called as crypto sphere it provides new users a chance to be in the bitcoin by buying low rates of the bitcoin and try to supply your bitcoin at the demand of the costumer it will be helpful for you to increase the price a bit more and it is no doubt profitable     

[Biggapp]

The decline in bitcoin prices is something that can happen. Considering the bitcoin votality is unpredictable. It could be bitcoin prices up. Or even down. It can not be known. But according to economic law. A price is affected by demand and supplay. If it's a lot of demand it will make bitcoin go up. But if requests are few and many sell bitcoin it will make the bitcoin price down. And at times like this I suggest you buy it .. maybe a few days to come bitcoin prices will go up and you will benefit

although most of the time we examined good fluctuation in the price of bitcoin but the currency decrease is not a normal. it is because of the 1st August event, but i am sure that very soon the 1st August fear is going to finish very soon.

Yes indeed. The decline is so huge because of the panic selling going on. What if the august 1 happening is just a FUD?
I also agree on the primary post that it is a healthy market if the value is going up and down. That is a part of it. The only thing I can do is buy when its low and hold for a long time

This is normal as the current price may fall and may high. Bitcoin has been known its votality price thats why most investors grab the opportunity to buy at dip, hold and wait for the price to increase. Yes, some got panic that cause for the dump but holding for now will earn profit in the future price will soaring high.

yes you are right the price of the bitcoin is increasing and a lot of people are now aware of the benefits of the bitcoin that is the reason bitcoin is growing very rapidly and the value and the worth of the bitcoin is also touching the heights now so it is very convenient and reliable bitcoin currency is the most famous currency for its easy way of use and approximate growth bitcoin is the number one and will always be number one.