Bitcoin is dropping! what to expect?!

[cryptonoob312]

I think it's dropping due to loss of interest. Altcoins especially Ethereum develop rapidly implementing new features and increasing transaction speed. Bitcoin stuck and wins only because of its price that actually doesn't let newbies to invest in it.

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[Swenna]

It's funny how most of us worry because of this small drop in bitcoin's price. It was $20k before but now, it had fallen to $13-14k. However, if I am not mistaken, bitcoin's price last January 2017 was almost at $1000 only. Analyzing the increase and decrease of bitcoin price, its price was able to surge from $1000 to $20000 in a span of 11 months. Isn't that amazing? Yes. Yes, it is amazing. However, being the kind of people we are, we tend to think only of the negative things. We worry at the slightest drop of bitcoin price but pay no attention to its huge increase. Seriously, people. It's going to return to its peak soon. Don't be so alarmed.

[gabbie2010]

Bitcoin is dropping! what to expect?!

https://www.bloomberg.com/…/bitcoin-drops-as-south-korea-sa…

I found this very interesting article on the web, check it out and let me know what you think

It is not surprising to seeing the price of bitcoin dropping it has been on correction several days ago having hit a support at $12500+ meanwhile closure of some exchanges in south Korea has no impact on the price of bitcoin, China did it some few months ago there was just a little impact on the price of bitcoin. We are expecting a hardfork in few hours to come so definitely the price will rise again.

[nemesis_]

Bitcoin price dropping is actually normal. It is capable to shoot up astronomically or drastically crash. Bitcoin dropped for now but it will soon increase in value in the future. People might sell their bitcoins now or others may take this opportunity to buy bitcoin with a lesser price.

[SMSabuj]

Bitcoin is dropping! It doesn't matter. I think it's a very common matter for Bitcoin. Bitcoin will not be going to $12000 down. Bitcoin will come back soon. It will pump so high. Bitcoin will reach $25000 soon.

[Gotomoon]

Bitcoin is dropping! It doesn't matter. I think it's a very common matter for Bitcoin. Bitcoin will not be going to $12000 down. Bitcoin will come back soon. It will pump so high. Bitcoin will reach $25000 soon.

I agree with you bitcoin dropping is a temporary. It will be back to the price as most speculation to the highest. Maybe it can go up next year more than $30k. So Im expecing next to happen of bitcoin will be go up high after this dropping event.

[marcous]

bitcoin price is fluctuate, that is reasonable if have to down first. actually it depends on the situation and market conditions. but i believe price of bitcoin pure because supply and demand,, we' ll see next year will be where bitcoin prices..

[cue]

I hope it won't go down back to US$ 10,000 and then we're still okay with that. I hope it will bounce back to US$ 20,000 soon. Fingers-crossed! 

[jakezyrus]

I think it's dropping due to loss of interest. Altcoins especially Ethereum develop rapidly implementing new features and increasing transaction speed. Bitcoin stuck and wins only because of its price that actually doesn't let newbies to invest in it.

I think it's dropping due to loss of interest.

no, bitcoin drops because of other reason and not because of people are now lossing interest on it.

Altcoins especially Ethereum develop rapidly implementing new features and increasing transaction speed.

even etherium these day is also experiencing problems the same as bitcoin like congested and slow network due to cyptokitties.

Bitcoin stuck and wins only because of its price that actually doesn't let newbies to invest in it.

no no no, bitcoin wins not only on that but also beacuse it has many usage and advantage like sending or recieving money , trading , mining , etc.

Re: Bitcoin is dropping! what to expect?!

i expected this a long time ago and im still expected that bitcoill will still drop until this year 2017

[0t3p0t]

Bitcoin is dropping! what to expect?!

https://www.bloomberg.com/…/bitcoin-drops-as-south-korea-sa…

I found this very interesting article on the web, check it out and let me know what you think

Well, everything that goes up will expectedly goes down. Cryptocurrency most especially Bitcoin is just like dribbling a ball it will automatically bounce back so don't you worry about the drop because it will be fine. Take it as an opportunity to pour additional investment because if the price will go up expect some profit. For me it doesn't matter if it goes up or down because it is always our advantage it's just a big deal when you lost because you don't control your emotions.

[Akkianu]

Everywhere some good news about Bitcoin (Wallet, Investement, Legalizing) but price is falling. What`s going on?

[Lightofheaven]

bitcoin is dropping and we expect to rise up twice as it drop

[batang_bitcoin]

bitcoin is dropping and we expect to rise up twice as it drop

Exactly, when bitcoin is dropping it's starting to move further and the price of it can be doubled with it's recent drop. What to expect on these times is many are going to start panicking and will think that it will be the end of bitcoin.

@OP can't click the link you provided, it only redirects to bloomberg as your link is cut.

[BossMacko]

same thing happened last year same month, Bitcoin price dropped but after january 2017 + Bitcoin price started coming back and the result we hit 20k USD this year then next year i'm expecting to see 30kUSD+.

[HackS]

Bitcoin is dropping! what to expect?!

https://www.bloomberg.com/…/bitcoin-drops-as-south-korea-sa…

I found this very interesting article on the web, check it out and let me know what you think

price change of btc is normal part of it no need to panic ,same thing happens to stock market price varies of its demand (how much people want it) its price is dropping because people are selling it new year celebration they need money and that affects its price, anyway if people sell it more then they buy it its price drops simple as that.

[notthematrix]

It seems like we see this thread every month before the next bitcoin pump and people never learn

[Irvinn]

The bitcoin does not fall now, it floats on the price waves, then rising or falling. New Year and Christmas holidays will pass, then he will start his next ascent. So now you should not panic, but wait until the end of the first decade of January. After that, bitcoin should already overcome the mark of 20 000 dollars and will grow further.

[Prettyme]

Bitcoin is dropping! what to expect?!

https://www.bloomberg.com/…/bitcoin-drops-as-south-korea-sa…

I found this very interesting article on the web, check it out and let me know what you think

This is just my observation when bitcoin price increase I observe that altcoins dump and even ether so since bitcoin is dropping I expect that altcoins will increase. It is just my thoughts and observations about cryptos.

[fusepay]

There are many reasons for the sometimes biggish fluctuations, mainly this is due to market confidence and news, the big dump (actual) a few days ago distilled a lot of
FOMO dilemmas for many, some dumped too, and lost out - be strong, lets the markets recover, and don't trade with a hot head!

[FrenchFryPie]

What to expect ? The Future, Bitcoin & Crypto is Unstoppable !