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Author Topic: Bitcoin price will down  (Read 1991 times)
myangm (OP)
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November 06, 2017, 11:02:46 AM
 #1

Everyone know Bitcoin is up to 50000 CNY. It is terrible. I admit Bitcoin is the first digital currency and it is more important than others. But after BCC,BTG were folked i do not think so. And is it fast, the answer is obvious. So technically it is not a good currency. Why people have belief on it? The price is from 16000 to 50000 in two months, it is just up,up and up. So what do u think about it?
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November 06, 2017, 11:13:29 AM
 #2

BITCOINS are way better than all other cryptocurrencies for sure .. they have a lot of forked coins yes I agree like at first we had bitcoin cash and nkw we have bitcoin cold and now b2x is gonna come in the market, but it doesn't change the belief of people.. People will always consider bitcoins to be the one and onlu sourse of their investment and other asset.. I don't think other forks really matter..yes they can be nice but most of the community sticks on bitcoins for sure.
Also all other alternate cryptocurrencies are just a copy of bitcoins its like.. they are just trying i complete with bitcoins instead of having their own individuality.. I seriously prefer bitcoins because they are simple yet safe also at the same time they are well known thus well invested in.. other cryptocurrencies to me feel like they are on a temporary hike .. bitcoins are improving we are having new core versions thus we cant controlled say that we are stuck with some old technology..
Its price will go down and it can and it should because fluctuation is what creates.. a liking about bitcoins as a whole.. you can buy when the price is low and aell when it sell when its high..and fluctuations are even seen in normal fiat and other cryptocurrencies thus you can't say that for  Bitcoins its unfair for the price to go down.

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November 06, 2017, 11:18:14 AM
 #3

Most  probably it will because Bitcoin is going to get forked and there's gonna be a new Bitcoin. You don't have to worry though if you have Bitcoin you get the new coin for free and in few days both coins price will rise and you will be having a huge profit.
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November 06, 2017, 11:20:00 AM
 #4

Well with the amount of interest in cryptocurrency it's hard to see this happening. Even if bitcoin forks we can still expect huge profits within a short period of time.
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November 06, 2017, 11:23:56 AM
 #5

no it will not at least recently, bitcoin soon will add to CME Group this is the big Futures market in Chicago
so maybe the price will still keep going up

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November 06, 2017, 11:25:34 AM
 #6

maybe will be correction but we don't know which will be high and deeper correction point

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November 06, 2017, 11:26:11 AM
 #7

Everyone know Bitcoin is up to 50000 CNY. It is terrible. I admit Bitcoin is the first digital currency and it is more important than others. But after BCC,BTG were folked i do not think so. And is it fast, the answer is obvious. So technically it is not a good currency. Why people have belief on it? The price is from 16000 to 50000 in two months, it is just up,up and up. So what do u think about it?
What I have in mind today is that bitcoin will continue to increase in price. I am not afraid and convinced that the price decline is there, but its nature will only be a moment and in the end bitcoin price can rise again. I am optimistic that the increasing demand for digital currencies in the world, especially the current bitcoins will have a major impact on price circulation of cryptocurrencies.
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November 06, 2017, 11:27:04 AM
 #8

Bitcoin prices as high as more than 7400 U.S. dollars, the rise in the short term is too high, the callback is imperative, after adjustment may also hit a new high, not necessarily, this does not seem to ceiling
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November 06, 2017, 11:28:29 AM
 #9

Bitcoin is more of store of value than just currency and many new investors are just investing in bitcoin rather than using them for their daily uses like currency.

Talking about all this forked coins, they will remain as 1000s of other bitcoin clones in crypto space, they will never take over bitcoin.

 
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November 06, 2017, 11:33:52 AM
 #10

Short term I do not think it will fall, bitcoin is Japan, South Korea, there are several other big money fancy, so the short term should not fall.

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November 06, 2017, 11:35:14 AM
 #11

many people is waiting the price is down when the fork is coming but some of them is happy to see the price is increase until more than $7000 and i am waiting both because i want to buy bitcoin again with lower price than now. i see the sign for bitcoin price that want to gets down but i am not sure how much the price wants to go. i think we can waiting for the next price so we can preparing the next step that we should do if the bad situations is happen.

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November 06, 2017, 11:37:38 AM
 #12

No one can stop bitcoins acceleration from its price right and it really unstoppable this time being especially the Christmas season is on the run too. I don't know why you primoting that such altcoin that's newly invented and as I can see experience in blockchain can determine how it would be a good crypto and bitcoin can provide that as the first ever created coin and decentralized in the blockchain. Bitcoin will forever be number 1 crypto and I am proud to say that as a bitcoin enthusiasts.
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November 06, 2017, 11:38:28 AM
 #13

Even today we cannot assume wht will happen future .on today btc price reache 7400$ .so we cant mark this is the deep point or higher point .its depend on market ..mind on btc  news ,so then you can be analys when btc price will down

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November 06, 2017, 11:40:45 AM
 #14

On what basis do you assume it will fall?
I mean it has not fallen that much yet. I doubt it will go lower that 7000$ now.

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November 06, 2017, 11:46:12 AM
 #15

It will continue to go up because there will be alternative coins to invest to.
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November 06, 2017, 11:46:19 AM
 #16

It is too obvious for a Bitcoiner to predict that Bitcoin's price will keep increasing in the future. BTC is currently at $7400 and we can say that it will rise further more because it is scarce and has a limited supply. There are just 21 million Bitcoins that can be mined out of which many are lost.
This creates more demand in market and anything that has a huge demand creates a good spike in it's price. The forks did not effect Bitcoin's price at all since the supporters had a good belief in BTC. The price will keep increasing in future since the demand will increase because many number of people will start using it. So it is better to buy Bitcoin now than to regret later.

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November 06, 2017, 12:02:38 PM
Last edit: November 06, 2017, 12:35:53 PM by lighpulsar07
 #17

Yeah it is expected that bitcoin price will go down right after the hard fork because the reason why the bitcoin is this high is they are stacking some bitcoins for the hard fork to get the same amount of B2X after the hard fork not knowingly how controversial this fork is. if the crash happens it is a good opportunity to buy bitcoin in low price although we can't just tell on how will market react after the hard fork.
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November 06, 2017, 12:03:44 PM
 #18

Even today we cannot assume wht will happen future .on today btc price reache 7400$ .so we cant mark this is the deep point or higher point .its depend on market ..mind on btc  news ,so then you can be analys when btc price will down

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November 06, 2017, 12:15:02 PM
 #19

From my experience the price of bitcoin will not go down because now the time bitcoin become very popular in the world and it's price is countinously increases every day. But there are equal chance to price of bitcoin will rise or fall down but the chance of fall down of bitcoin is less because now a days bitcoin become very famous in the world and it's demand increases by the famous. Bitcoin is the  most popular cryptocurrency in the world and it's price reach to very high level and it's price is increases countinously
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November 06, 2017, 12:23:26 PM
 #20

On what basis do you assume it will fall?
I mean it has not fallen that much yet. I doubt it will go lower that 7000$ now.

There could be many reason to rise and fall.

To Rise:

1. Demand High and less supply.
2.Out of 2.1 million 1.6 million already in market. so remaining is very less.
3.Its decentralized , so no one has control over it.

To fall:

1. So may people can buy in low rate . if price never go down then only few people have these  cryptocurrency .
once price will go down many people can invest.
2. More people more popularity.

Add here if i missed something.

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