WILL BITCOIN PRICE NEVER GO DOWN?

[mekar sari]

Bitcoin prices always go up every day, and the price can not be stopped, if always like this, when bitcoin prices will go down?
Or will not the bitcoin price go down?

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[Pearls Before Swine]

If you think the prices only go up every day, you obviously haven't looked at
charts recently and/or haven't been into bitcoin for very long.  Nothing goes
up forever; we're going to get either a massive correction or a full blown crash
one of these days, and I would say sooner rather than later.  

And you're not the only one who thinks like you do.  There are a lot of parallels
that can be drawn between the current bitcoin market and manias we've had
in the past.  Tulips has been mentioned, and I would also add internet stocks,
biotech in the 90's, the South Sea bubble, railroad stocks, precious metals up
until 2011...the list goes on.  And don't say it's different this time.  Sure,
bitcoin is a neat thing and it's very innovative, but that's how bubbles start.

Also, please don't write titles in all caps.  It's very obnoxious.

[btcjocan]

Bitcoin prices always go up every day, and the price can not be stopped, if always like this, when bitcoin prices will go down?
Or will not the bitcoin price go down?

Maybe not going down that much, but we must consider those long term holders who sacrificed their financial in order to invest with bitcoin's profitable aspects. Therefore I think price of today's current days will not be going down at huge price compared from past years, bitcoin hasn't become stable like now and even rising within a month after that August 1 issues.

[LeGaulois]

Bitcoin prices always go up every day, and the price can not be stopped, if always like this, when bitcoin prices will go down?
Or will not the bitcoin price go down?

Where were you in July when the value of bitcoin lost something like $800 in a few hours. Have you already forgotten? Bitcoin goes up and down multiple time during the day, and yes the price can be stopped anytime and we are going to see it again before November

[shursight]

Bitcoin has always been up, but there are dumps too. When the segwit was first mentioned, the price went from $2800 to $2400, and a few days latter it dropped to $1750.
There are always corrections on the price, and there might be one when the price touches the five thousand, more investors needs a fairly price to invest.
So, take a look at the charts from December 2013 to now.

[Yakamoto]

Bitcoin prices always go up every day, and the price can not be stopped, if always like this, when bitcoin prices will go down?
Or will not the bitcoin price go down?

Depends on when there is a correction that occurs with the market. Remember that Bitcoin managed to collapse from $1,300 down to $200 over the course of about a year, so there is a always a chance for the value to go down, and potentially in a very spectacular fashion. It is unlikely that we will ever see that kind of crash again, however, and there is a greater chance of Bitcoin have a slow and steady trend upwards than anything else right now. Seeing the value as high as it has gotten is impressive in and of itself.

[basyang]

Bitcoin prices always go up every day, and the price can not be stopped, if always like this, when bitcoin prices will go down?
Or will not the bitcoin price go down?

     I think it is not possible because of it volatility. and we can not predict when the bitcoin will go higher and go down in some reasons. We just need to wait if bitcoin price will change. But as far as I know bitcoin price will not go down as much even though the price of it is not stable.

[batang_bitcoin]

Bitcoin prices always go up every day, and the price can not be stopped, if always like this, when bitcoin prices will go down?
Or will not the bitcoin price go down?

Try to check charts, you are missing the times that bitcoin is making some backward movement in its price. If you want to know when bitcoin price will go down, no one knows but there's an indication of it. When most of the whales starting to cash out. Bitcoin price will be down for sometime but its rise is continuous.

[dothebeats]

It's more of a bumpy ride uphill, actually. 24-hour charts would give you the clearest answer you've been asking about. It's just that the movement is more bullish than being bearish and more money is flowing into bitcoin as of this moment. When the fuel stops pouring and the price lose its momentum, see us going back to $3000 (or maybe lower) when some big guys call it quits and want to start all over again.

[digaran]

There are currently no other decentralized currency with this kind of support in the world, that's why for now Bitcoin has so much more to offer, $5000 is nothing compared to the time after a few more million people start using it. I think recently people started to use other coins in massive amounts to pump their prices up like ɱ and Ξ and look at Ł $86 is insane. this  pump is like the previous one, we'll go back down without a doubt.

[harizen]

Bitcoin prices always go up every day, and the price can not be stopped, if always like this, when bitcoin prices will go down?
Or will not the bitcoin price go down?

Kinda unusual for a Hero Member who is already on the community for long time to asked questions like that.

The current trend is upward that's why you can say that it's unstoppable. And when it will go down? Obviously no one knows here. It's also unusual to think that bitcoin price will not go down. It can go down and there is always a possibility for that because price is volatile.

[yrreg ger]

Bitcoin prices always go up every day, and the price can not be stopped, if always like this, when bitcoin prices will go down?
Or will not the bitcoin price go down?

We can't predict what will happen in the market of bitcoin, the dumping and pumping are base on the volume of bitcoin. The supply which means increasing and the demand that means pumping. As what I observed today the bitcoin fall then it easy to recover, if this continously happen the price of bitcoin will rise so high in the future. One reason is because bitcoin is become popular around the world and the increasing of the user.

[Lucid717]

If you think the prices only go up every day, you obviously haven't looked at
charts recently and/or haven't been into bitcoin for very long.  Nothing goes
up forever; we're going to get either a massive correction or a full blown crash
one of these days, and I would say sooner rather than later.  

Unfortunately, you're right on the money.  And if you look at trends it's time like this, when it approaches or even eclipses it's previous all-time high, or a new milestone (i.e. 3000K/4000K/5000K) when the slides happen.  People that were either in it close to the beginning, or at least jumped on board when it was in the mid-low 2000's will be looking to double-up.  Not to mention the sharks are well aware of the same trend I just pointed out, and that you are clearly aware of as well.  It's going to happen very soon.

Of course, it will climb again.  You could hold your BTC and be fine in the long run (probably, nothing is guaranteed), but those looking to maximize profits will be doing so any day now, possibly as I type this.  And I hate to sound like one of those arrogant know-it-all "I told you so" types, but I've been right so far every time these slides have been imminent, and have come in here to warn people (to some avail).

BTC-e announcing that it will only refund people up to 55% of their holdings doesn't exactly help in the confidence department either.  The fact is any other exchange could pull the same act, place the blame elsewhere when really it's them cashing in and screwing over customers.  Unfortunately this is an achillies heel of the currency.  People need to start investing in Trezors and the likes and only keep their currency there.  This will help curtail these abuses and help toward instilling more confidence in the currency via peace of mind.

I'm going to wait a bit until I see either a stabilization period, or a drop.  Believe it or not volatility is a good thing for the currency right now.  It's at it's best when it's going up a lot one day, then maybe down a bunch the next, then up again... over time it goes up more than it goes down and we see steady growth.  It's when the growth stops and the price stabilizes for several days/a week that's usually a precursor to a decline.  I believe there will come a day when the currency hits 5 figures and have stability (being a good thing), but that time is not yet upon us.  

As I've said many times, I don't say this to scare or deter people, as I have a good bit of resources invested myself.  I wish it would  just keep climbing and climbing but I know too much to believe that will happen.  I'm saying this to prepare people in here so that they can maximize profits, and help them to decide when is a good time to get in and get out... and then back in again.  And right now, based on everything I see, is looking like a time to move your money elsewhere temporarily, while keeping it freed up so that you can get back in quick when it rises again.

[Hk009]

I don't think that it'll always go up. Maybe last few months it has never go down but when we look at the past, we can see that it is possible to see go down. In some point it ll stop and go down of course then maybe little waves and stay still.

[Kidmat]

I don't think that it'll always go up. Maybe last few months it has never go down but when we look at the past, we can see that it is possible to see go down. In some point it ll stop and go down of course then maybe little waves and stay still.

Bitcoin price I think for now will go up. The point is we can predict the market when it will be going down. Bitcoin have been going strong these days that the value is skyrocket. Moreover, bitcoin value is fluctuates everyday so we will never know its downtrend.

[TheRakula]

It can of course go down. The news about bitcoin affects it much. Generally it can be volatile in short period. But in a long period bitcoin wins.

[Vaculin]

I don't think that it'll always go up. Maybe last few months it has never go down but when we look at the past, we can see that it is possible to see go down. In some point it ll stop and go down of course then maybe little waves and stay still.

Bitcoin price I think for now will go up. The point is we can predict the market when it will be going down. Bitcoin have been going strong these days that the value is skyrocket. Moreover, bitcoin value is fluctuates everyday so we will never know its downtrend.

Yes i agree.Bitcoin price is open of going down and then going up due to its value fluctuation.But i'm very glad that the current market value is skyrocket today.So just keep on holding bitcoins because for sure bitcoin will still be in its skyrocket up to these coming months and even years.

[xuan87]

It is not going up everyday, and it is impossible to only going up, Bitcoin is a decentralized coin, when there is pumping there will be dumping, it is not possible people never sell their coin, there was huge fall down before August and few weeks before there was a correction, if you pay attention to the chart you will see Bitcoin volatility price

[agatha818]

yup, lately it's been going up, good for everyone who have invested in bitcoin, if it's go down, not good because i just bought some and i bought it when the price is up, oh well, that's the way it is! hope it will not go down a lot.

[DoublerHunter]

I also observed this pattern in bitcoin that its price is constantly moving and it seems that no one cannot stop this price rally of bitcoin but for me the only thing that i think is, they are just targeting a price and if they will reach it then the whales will start to unload their supply and expect the panic selling situation where the whales will re-enter the market and buy back from the lower prices.