Netnox
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Merit: 1008
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December 25, 2017, 01:26:02 PM |
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The Bitcoin dominance has declined to around 42% from the previous levels of 61% (two weeks back) and that may be one of the reasons why the exchange rates going down despite the overall crypto market cap increasing. Bitcoin is going down against other alts due to the scaling issue. Even now, there are some 170K+ transactions waiting to be confirmed.
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Cherylstar86
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December 25, 2017, 01:41:40 PM |
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The Bitcoin dominance has declined to around 42% from the previous levels of 61% (two weeks back) and that may be one of the reasons why the exchange rates going down despite the overall crypto market cap increasing. Bitcoin is going down against other alts due to the scaling issue. Even now, there are some 170K+ transactions waiting to be confirmed.
Bitcoin price may be decreasing as of this month but compared to other coins it is still the highest among any other coins available in the market. Its decrease is just part of its volatility but in the coming days it will surely rise up again and many will be happy about it again so for now just hold your coin or you can buy if you have enough capital.
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Maestro75
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December 25, 2017, 01:48:10 PM |
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This week, bitcoin's price gets low. Based on the article that i read, it says thats they cant trace the reason why its getting low. They said it might be because some used to hack and mine bitcoins. They also said that maybe it was because there are new cryptos. What do you think is the main reason? Do you think its price will still rise?
Even if it plunges below $9,000, bitcoin has the ability of rising and shooting right back to the top like phoenix. I see the momentary fall as a correction that was long overdue. Nothing to worry about.
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Harlot
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December 25, 2017, 02:03:06 PM |
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This week, bitcoin's price gets low. Based on the article that i read, it says thats they cant trace the reason why its getting low. They said it might be because some used to hack and mine bitcoins. They also said that maybe it was because there are new cryptos. What do you think is the main reason? Do you think its price will still rise?
In this month bitcoin prices are getting lower, I think it might have something to do with the end of the year so many people are selling bitcoins so the price goes down. If we have the money, we buy bitcoin now because the price is cheap, because next year the possibility of bitcoin price is more expensive. Price of bitcoin are getting lower and lower because most of the people or users were shift into other coins and altcoins. Some of them were panic buying of bitcoin, when they see that bitcoin value are starting to decline they sell it immediately and invest to the other altcoins. For me it's better to hold bitcoin and buy additional when their price is decrease. Because we all know that bitcoin value are increasing so fast that's why declining of this coin is only part of their strategy to attract more capitalist. Or we have hit a major milestone price which is 20,000$ and at the same time the whales started to take profit from Bitcoin again. This is one of the reasons why Bitcoin is going down and the charts says it so because there is a selling pressure created making other traders to also sell and cut their losses. But worry no Bitcoin looks like in consolidation stage at around 13,000$ to 14,000$ level the problem here is until when they will consolidate in that price level, let us just wait for the charts to speak for itself.
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Xenoph0bia
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December 25, 2017, 02:15:09 PM |
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This week, bitcoin's price gets low. Based on the article that i read, it says thats they cant trace the reason why its getting low. They said it might be because some used to hack and mine bitcoins. They also said that maybe it was because there are new cryptos. What do you think is the main reason? Do you think its price will still rise?
In this month bitcoin prices are getting lower, I think it might have something to do with the end of the year so many people are selling bitcoins so the price goes down. If we have the money, we buy bitcoin now because the price is cheap, because next year the possibility of bitcoin price is more expensive. Price of bitcoin are getting lower and lower because most of the people or users were shift into other coins and altcoins. Some of them were panic buying of bitcoin, when they see that bitcoin value are starting to decline they sell it immediately and invest to the other altcoins. For me it's better to hold bitcoin and buy additional when their price is decrease. Because we all know that bitcoin value are increasing so fast that's why declining of this coin is only part of their strategy to attract more capitalist. Or we have hit a major milestone price which is 20,000$ and at the same time the whales started to take profit from Bitcoin again. This is one of the reasons why Bitcoin is going down and the charts says it so because there is a selling pressure created making other traders to also sell and cut their losses. But worry no Bitcoin looks like in consolidation stage at around 13,000$ to 14,000$ level the problem here is until when they will consolidate in that price level, let us just wait for the charts to speak for itself. It does not matter if the price of bitcoin falls one day.Everyday there is regulation in the price of bitcoin.Its rises and in the next minute it can fall.The value of bitcoin is very volatile unlike the fiat currency.In the last eight years the value of bitcoin has touched the sky.It has reached $14000 and is expected to reach $20000 shortly.If this happens,the bitcoin users will have great profits.The investers are waiting for this moment only.
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Rufsilf
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Activity: 1722
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Leading Crypto Sports Betting & Casino Platform
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December 25, 2017, 02:25:19 PM |
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I like it when the price of bitcoin is getting low because it is like an opportunity for me to grab because the price is like being on a sale in the market that all of the people can grab it and so that they will get bitcoin from a cheaper and lower price. Bitcoin price maybe dumping but at the end of the day, it will be pumping hard and aiming new highs.
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Clavulanic
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December 25, 2017, 02:35:58 PM |
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I like it when the price of bitcoin is getting low because it is like an opportunity for me to grab because the price is like being on a sale in the market that all of the people can grab it and so that they will get bitcoin from a cheaper and lower price. Bitcoin price maybe dumping but at the end of the day, it will be pumping hard and aiming new highs.
Well the price of bitcoin from the start is really unstable if it will fall its not really mean that it was really going down forever it can really rise anytime anywhere without a prior notice and we can really make profit on these through buy and selling.This is really tge most simpliest way to earn bitcoin biy and selling depending on tge price and we need to get the right timing to buy or maybe sell bitcoin is really amazing.
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kikay15
Member
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Activity: 127
Merit: 10
Global Risk Exchange - gref.io
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December 25, 2017, 02:52:47 PM |
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This week, bitcoin's price gets low. Based on the article that i read, it says thats they cant trace the reason why its getting low. They said it might be because some used to hack and mine bitcoins. They also said that maybe it was because there are new cryptos. What do you think is the main reason? Do you think its price will still rise?
rising and falling bitcoin prices that are common, sometimes every business that will not continue smoothly, sometimes there is also a bend like road. better bitcoin price up or down we are grateful only. because the business is also so, no need to be surprised. Yeah, we all know that the price of bitcoin is not steady its getting higher and low. But we are believe in near future it became steady. And we are satisfied the price of bitcoin. And thats the only thing that we introduce in next generations.
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leonora galvan
Member
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Activity: 182
Merit: 10
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December 26, 2017, 12:08:30 AM |
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This week, bitcoin's price gets low. Based on the article that i read, it says thats they cant trace the reason why its getting low. They said it might be because some used to hack and mine bitcoins. They also said that maybe it was because there are new cryptos. What do you think is the main reason? Do you think its price will still rise?
sometimes really that bitcoin price is getting low but now bitcoin will never go down,it will become getting higher and higher so eran now for good.
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crzy
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December 26, 2017, 02:18:01 AM |
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This week, bitcoin's price gets low. Based on the article that i read, it says thats they cant trace the reason why its getting low. They said it might be because some used to hack and mine bitcoins. They also said that maybe it was because there are new cryptos. What do you think is the main reason? Do you think its price will still rise?
In this month bitcoin prices are getting lower, I think it might have something to do with the end of the year so many people are selling bitcoins so the price goes down. If we have the money, we buy bitcoin now because the price is cheap, because next year the possibility of bitcoin price is more expensive. A great opportunity to own more bitcoin now, the price of bitcoin are ranging from $13k - 14k and I think this is already stable and will pump higher early next year. Don't be scared if the price of bitcoin dump because it will bounce back and pump higher.
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ApocalypseNow
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December 26, 2017, 03:13:51 AM |
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Newbies will certainly panic on this moment. They are just there when it is up and then when its down, they are all dissapointed and saying "This is bad, I'm going to take my money now". But for us, it's another buy a cheap bitcoin now and profit the next day.
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aslamnur28
Newbie
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Activity: 42
Merit: 0
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December 26, 2017, 11:36:35 AM |
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The bump and dump of Bitcoin's price is a normal thing. I think it's the most amazing feature of Bitcoin that not much currency can have and that one makes Bitcoin become special.
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ubanx
Newbie
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Activity: 28
Merit: 0
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December 26, 2017, 12:49:01 PM |
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I think that BTC price is going down because many people are cashing out the profits of the last few months
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paulmusa25
Member
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Activity: 124
Merit: 11
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December 26, 2017, 12:50:33 PM |
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It is normal because it's Holiday and people converting their BTC into cash for celebration. This is the best time to buy more BTC.
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BabyBoss
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December 26, 2017, 12:52:56 PM |
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This week, bitcoin's price gets low. Based on the article that i read, it says thats they cant trace the reason why its getting low. They said it might be because some used to hack and mine bitcoins. They also said that maybe it was because there are new cryptos. What do you think is the main reason? Do you think its price will still rise?
Bitcoin is being designed as decentralized coins where we can't control anything about it. So, we can't control the price weather it will going to grow or it will going to high. The marketing pattern of bitcoin is not totally stable sometimes there is ups and sometimes there is downs, we don't even predict what will the price of bitcoin before 6 months we are just only making some kind prediction without any assurance we're just predicting as if it will going to be done soon.
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Blue2012
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December 26, 2017, 01:16:57 PM |
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Yah I think so, Bitcoin's price is getting low this past few days.There are time it goes up a little higher then it goes down again, its not that stable. And I think one of the reason maybe is because of the season of Christmas, why bitcoins price suddenly drop down, because bitcoin holders withdraw some of their coins in this coming holidays.
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kolbalish
Member
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Activity: 627
Merit: 14
Crypto Article Sharer!!!
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December 26, 2017, 01:19:34 PM |
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Yes,it is ture that Bitcoin price is getting low now.Its price was so expensive before some days ago.But now its price is dump.But I think its price will increase soon in future.
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CHENIEN
Member
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Activity: 616
Merit: 11
Decentralized Ascending Auctions on Blockchain
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December 26, 2017, 02:15:19 PM |
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There are some obvious circumtances why price of bitcoin getting low. For instance, some people panic of selling their bitcoin stocks it is because of this peak season they want to sell bitcoin to make it cash money which to buy goods or products used for christmas season. That's affects the changes in the demand of bitcoin so it's affects also the price which become lower. So we can say that as of now we are plenty of bitcoin because the price is getting lower that's the main factor.
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aoihs00
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December 26, 2017, 02:24:55 PM |
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This week, bitcoin's price gets low. Based on the article that i read, it says thats they cant trace the reason why its getting low. They said it might be because some used to hack and mine bitcoins. They also said that maybe it was because there are new cryptos. What do you think is the main reason? Do you think its price will still rise?
In this month bitcoin prices are getting lower, I think it might have something to do with the end of the year so many people are selling bitcoins so the price goes down. If we have the money, we buy bitcoin now because the price is cheap, because next year the possibility of bitcoin price is more expensive. The prices are falling because of many things coming altogether. Its not just about the year end or may be the Christmas time but its about the new updates like segwit2x situation as well as LBTC fork that was about to happen. These things confuses a lot to people and they can't just make a decision to about their investment into bitcoin. These things then in turn letting the market capitalism drain completely into chaos and thus the prices keep reducing for it. Yes, they will grow back to normal in the next moth for sure as everyone will be putting back the investment into it and hopefully the transaction will speed up too.
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darkphoenix2610
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December 26, 2017, 02:37:10 PM |
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bitcoin is a currency i think that is for season of rise and falls because it would be christmas so many holders are want to sell because they are spending it on christmas to buy some staff or give some money on christmas or donation to a charity or else spending it on new year so they have money when the new year comes
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