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Author Topic: Bitcoin price drops below $15k.....  (Read 254 times)
mike4001
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January 12, 2018, 04:54:30 PM
 #21

10 days to go from 14.000 to 20.000
People focus too much on that peak of nearly $20,000 last year. It was clear that this peak was only the result of the speculation around the future markets going live. If there were no future markets, there would be no $20,000.

If we disregard that $20,000 peak for now, you'll be left with an average price of $15,000, which is what we are very close to right now. In other words, we haven't gone down that much at all.

Peaks on charts aren't always a good reflection of the reality, and the peak of $20,000 is definitely not an exception. People act like Bitcoin has gone down a lot, while in reality we're still in a very good position.

OK, I agree with you on the peak.

But we held 17k for almost a week and never came close again.
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Fedor07
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January 12, 2018, 07:51:31 PM
 #22

Look , I  don't know why is Bitcoin falling down , but I know that every time Bitcoin is falling down he's rice again with a bigger price . So we don't need to worry about this , bitcoin is gonna rice up again , maybe not in a short time , but its gonna rice up again .
Bitcoin price dropped to $13.000 , but like I said, we don't need to worry, it's gonna rice up again .
minersday
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January 12, 2018, 09:24:57 PM
 #23

I still remember when it touched the $20k barrier for the first time, it was one of my happiest days in this life.. And i sold an entire bitcoin at $19,000, it was so great! anyway, it will still keep going to go up for a while, but no one knows when are we going to be at twenty thousand again.

It was great, i agree, i was able to sold at $20,500 on GDAX, it was a nice deal because two days later it dropped to $17,000 or a little bit less if i am not wrong.

But yes,  the price is obviooooously going to recover, it is just matter of time until we can see another bullish and giant green candles on the charts again.

I am now investing a lot of money on Altcoins, but i want to see bitcoin going up too..
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January 12, 2018, 09:38:08 PM
 #24

Bitcoin its value down or up is not foreign anymore, because its value is not stable. so we do not need to panic when bitcoin down, that's our chance to buy as much bitcoin as possible. Because we know if bitcoin down will definitely go back up and will be worth higher later
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January 12, 2018, 10:32:03 PM
 #25

Bitcoin price fluctuates is a normal thing due to people trade cryptocurrency based on current development and acceptance, every issue will affect the price. Especially for now due to bitcoin fees people tend to invest in alternative coins which are better than bitcoin. It will change as soon as scale solution implemented such as lightning network.
Another thing is bitcoin acceptance, if South Korea ban cryptocurrency trading, the price will fall as people selloff bitcoin.
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