Bitcoin's price is getting low

[rushel22]

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?

Yeah its getting low for now but i dont lost hope because theirs a big change to rising up again.This is the test of our patience so i'm willing to wait that it will gonna be happened.

[Wayan_Pedjeng]

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?

Yeah its getting low for now but i dont lost hope because theirs a big change to rising up again.This is the test of our patience so i'm willing to wait that it will gonna be happened.

It will definitely rise in the future, but the big question is how much time this recovery is going to take. What if the prices remain at 8K levels for two or three years? If that happens, then the majority of the users will dump their coins, resulting in a sharp fall in the exchange rates.

[jaysabi]

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?

Yeah its getting low for now but i dont lost hope because theirs a big change to rising up again.This is the test of our patience so i'm willing to wait that it will gonna be happened.

It will definitely rise in the future, but the big question is how much time this recovery is going to take. What if the prices remain at 8K levels for two or three years? If that happens, then the majority of the users will dump their coins, resulting in a sharp fall in the exchange rates.

Taking for granted that the price has to go up from here seems to be risky. It's not a given. Too much can change technologically for you to just say, "well, in 5 years it has to be higher than it is now because adoption will be so much higher." First, not even that is a given. This could prove to be an unsustainable fad. Second, there's too much potential for technological disruption in the crypto space to take things for granted over a period of years. Crypto adoption may be higher, but that doesn't necessarily mean Bitcoin. Bitcoin could lose preeminence, another crypto could be more useful or more secure, or faster or cheaper. There's no shortage of ways to beat Bitcoin. Sinking a fortune into Bitcoin at these prices because you're sure the future is bright if you just wait long enough is risky play.

[elkafee79]

I will like you to see it in 3 ways.
1. See it as a correction that was bound to happen anyway, after the huge non stop buying for months now.
2. See it as whales cashing out and some noobs getting scared and selling at losses. (they will get to learn from experience later on)
3. See it as a Christmas gift, if you want to get in at a lesser price because later on, this year or next year, we are coming back at some point to test back the previous top. Some call it black Friday for crypto shopping.

Jokes apart though, there is really nothing to worry about. You are welcome to the volatile world of crypto. It is a bloodbath out there right now and they happen once in a while. It will pass and forget anything else you are hearing.

good opinion,  keep kalm and stay believe bitcoin will high as soon as...

[Harleybtc01]

I will like you to see it in 3 ways.
1. See it as a correction that was bound to happen anyway, after the huge non stop buying for months now.
2. See it as whales cashing out and some noobs getting scared and selling at losses. (they will get to learn from experience later on)
3. See it as a Christmas gift, if you want to get in at a lesser price because later on, this year or next year, we are coming back at some point to test back the previous top. Some call it black Friday for crypto shopping.

Jokes apart though, there is really nothing to worry about. You are welcome to the volatile world of crypto. It is a bloodbath out there right now and they happen once in a while. It will pass and forget anything else you are hearing.

good opinion,  keep kalm and stay believe bitcoin will high as soon as...

I guess this has been the hottest issue right now. I believe that its behavior today is not that good because there are whales sellibg there bitcoins in a massive way that could really affect the price. Maybe we should not depend on them, lets just work hard to encourage more investors to help bitcoins price rise again.

[grabpopcorn536]

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?

The Bitcoin price has been fluctuating in recent weeks, and many people think that this is a sign of the end of the Bitcoin, I am a Bitcoin follower and always follow the daily fluctuations of the market. But I never thought Bitcoin would end.

[elkafee79]

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?

yes i still believe bitcoin will rise. although there is a new crypto. everything will be fine, stay calm.

[Whitly]

I think, because many people now moving to alt coins, maybe also because of problems, what some popular exchangers had in the past, maybe beause of panic selling of people, who used bitcoin only as an kind of shares. There many factors of why bitcoin's price is getting low, but I'm sure that it's not end and in 3 - 4 months bitcoin will back to 14,000 - 15,000$.

[Blackmet]

It's just a price correction, when price will touch bottom you will see how easy bitcoin can recover and got 10, 15 and even 20K back. Just wait a little.

[Janinjo11]

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?

There are no special reasons behind the price drop. Price is created by the mechanism of supply & demand. After last December when the "bubble" burst, many lost their money and also the faith in cryptocurrencies. The current price of 8.000 for one bitcoin just means that current demand for Bitcoin is very low.

[Dark Sky]

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?

There are no special reasons behind the price drop. Price is created by the mechanism of supply & demand. After last December when the "bubble" burst, many lost their money and also the faith in cryptocurrencies. The current price of 8.000 for one bitcoin just means that current demand for Bitcoin is very low.

Yes many of people lose their profit when its price drop but some are waiting for its rising price because they know it will again high and this time profit will also double, but it doesn't matter that bitcoin price is low because sometime its price is up and down so don't be panic, it will more high and the profit will more huge.

[CoinChili]

Crypto adoption may be higher, but that doesn't necessarily mean Bitcoin. Bitcoin could lose preeminence, another crypto could be more useful or more secure, or faster or cheaper.

Yeah, shitcoins always appear and attempt to overrun Bitcoin, but always failed, you are only looking at almost motionless bitcoin of today and never consider its possible updates that could kick ass to all shitcoins.

 

There's no shortage of ways to beat Bitcoin. Sinking a fortune into Bitcoin at these prices because you're sure the future is bright if you just wait long enough is risky play.

This is same with shitcoins, and worst that when bitcoins gains it strength your shitcoins still at the bottom

[hASHmETAL]

Fall in value of all coins with out affecting parity of Alt Coins rather taking it lower and lower to harden conversion to bitcoin is indication of protection of value of bitcoin. So buy bitcoin for future!! and Hold!!

[plasmafrog75]

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?

Currently, many countries are considering Bitcoin to be a risky currency for the country's economy. Bitcoin, on the other hand, is still heavily involved and invests invaluable assets. I think the price fluctuation of Bitcoin is due to the supply of investors or the influence from many sides.

[Wolfwar]

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?

  I do not think that someone hacked the system, but the fact that bitcoin falls is visible to all. Someone said that bitcoin in 2018 will reach 50,000, that's what I think is possible. Maybe that's why the price falls and that would then rise with a new force.

[randyboy]

the price is still rise we know that the price is volatile and the value of bitcoin are always depends on investors so definitely bitcoin price is getting lower because many are selling their btc but no one has invested too much in btc and also to those digital currencies came out.

[surgical_duude]

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's sales are always volatile, and it does not still come down to price. I think many people are getting big profits with the capital they invest. Bitcoin profits and now they're working more productively with virtual currencies.

[jeaniferomambac]

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?

  I do not think that someone hacked the system, but the fact that bitcoin falls is visible to all. Someone said that bitcoin in 2018 will reach 50,000, that's what I think is possible. Maybe that's why the price falls and that would then rise with a new force.

I think that was a main reason why the price of bitcoin getting low and it is normal for bitcoin that its price will sometimes getting low and it will go back in high price and we should not worry about it because theres still hope to have a huge profit, all we need to do is to think well and have patience to our self when its happened.

[jaysabi]

Crypto adoption may be higher, but that doesn't necessarily mean Bitcoin. Bitcoin could lose preeminence, another crypto could be more useful or more secure, or faster or cheaper.

Yeah, shitcoins always appear and attempt to overrun Bitcoin, but always failed, you are only looking at almost motionless bitcoin of today and never consider its possible updates that could kick ass to all shitcoins.

 

There's no shortage of ways to beat Bitcoin. Sinking a fortune into Bitcoin at these prices because you're sure the future is bright if you just wait long enough is risky play.

This is same with shitcoins, and worst that when bitcoins gains it strength your shitcoins still at the bottom

You seem to be completely oblivious to what happened last time Bitcoin tried to reach consensus on an important issue. You know, that whole blockchain size that nearly ripped the community apart and resulted in a last second folding by one of the parties to prevent an irreparable schism from tanking Bitcoin? Bitcoin's "innovations" have been outside the consensus mechanism for the simple fact that consensus on important updates is nearly impossible. I don't have any confidence that Bitcoin is nimble enough to adapt to changing conditions. It's like trying to steer an oil tanker around an obstacle course. There's just no reasons to expect it will happen or even be possible.

[enwi]

earlier this year is a tough start for bitcoin and maybe not just bitcoin but all the crypto currency as prices continue to decline and I think the price may go down for a long time but I'm sure the bitcoin price will not go down forever, be patient