Bitcoin is dropping! what to expect?!

[Betwrong]

I am expecting that it will fall till 10600$. On that price I will buy more bitcoin. Because given the limited number of offers and the dynamically growing demand for Bitcoin, then an incredible rally is expected for us. I  think in the second half of the next year we will see huge rise of Bitcoin and we'll see 50K$ in 2018.

You are right on that this is a good time to buy Bitcoin, but don't wait too long because even right now the price is pretty low and who knows which way it will go in the next couple of weeks.

If thinking long term it's obvious that Bitcoin's potential is much higher than $20k because when it hit $20k earlier this year most people of the developed countries were still not using Bitcoin. And don't forget that there are many other countries were most people are poor but still there are many rich people who will adopt BTC soon, not because they know what to do with it but "just in case" because they have a lot of spare money. Then, step by step, poor people will be adopting Bitcoin too. With greater adoption the price will be rising inevitably, and it's obvious that Bitcoin will be adopted more and more in the future.

[tegarp90]

people withdraw their money for christmast and new year eve , in the beginning of january , it will go up again

[tr3yson]

I'm not seeing a dip but a price correction, better grab this opportunity to buy more Bitcoins. Then keep it as a long-term investment. Indeed, it's the best time to buy since the price broke the $20000 mark last weeks. Just expect next year a crazy ride on Bitcoins price rally, for sure 2018 will be huge.

[wjchong]

This is very sad that Bitcoin and other Crypto currencies are dropping but Bitcoin will raise again. There is always ups and down in everything. Bitcoin will be reached at $100,000 in upcoming few years.

[Lun4t1c]

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

The big price drop is happening mainly because of segwit2x, well that thing is normal we are still witnessing the normal ups and downs of bitcoin

[Annihilus]

i expect the price coming back 5k, but i know it will never back again, the only thing we can do is to hold our bitcoins and never lose it due to the price dropping

[Reid]

Then expect a pump.
This is a chance for every bitcoin users to buy at greater amounts.
They have been waiting for a dump for like a month now and I am too actually.
It is an eyesore to me but I prefer being optimistic and seeing this as a good chance for us.
I know in my heart that it will go up suddenly again.

[s0beit]

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

Come on guys, bitcoin just cost less than $10,000 just before December came. You should not panic not unless if you have bought your bitcoin when it was too expensive. It already happened a lot in the recent years, so why bother? I think it's normal for bitcoin to go up and down.

[jovs]

It is a big challenge for us and the entire crypto world, since not only bitcoin is dropping but also some altcoins. It is really hard to find out what is the reason for this crisis. But usually people are expecting a huge pump after this and we should not lose our hope.

It really depends on how you are going to take the changes of the price of Bitcoin. Be assured that in reality we could actually earn through having the right choice on this changes specially on the ups and downs of the price of Bitcoin. In fact , it is a part of dealing with trading because price of Bitcoin is one of its characteristics that could actually give as an opportunity to earn.

[Prk_7]

You just need to expect one thing, more investment in Bitcoin from all over the world. The price of Bitcoin was skyrocketing some time back and people have seen the potential in the cryptocurrency. The profits were booked and people we're happy so expect the same in the coming days months or ever years for a matter of fact.

[kokobaba880]

Yes it is said that bitcoin is dropping but it is not the final rate of bitcoin like bitcoin is used for various transaction. Bitcoin price is dropping but it is expected that in the year 2018 the price will rise again those who have some amount of bitcoin it is good for them that they will earn a lot of profit over that. Bitcoin is now accepting by many shops and in some countries they are using bitcoin ATM so it is good to have the digital currency like bitcoin for now i have not listen any problem in bitcoin.

[prabhu]

At present, the bit coin cost is expected to be lower.But the value is not less than 11k.This condition is not likely to last longer.Reaching the old state soon.   Now Bit coin rate is low but It is still in the top

[Kittygalore]

as long as it has not yet reached $12000 then it is not "dropping". it is within the tolerance of fluctuations in bitcoin. and right now price is still above $14000

this drop was mainly because of the SegWit2x fork in my opinion because if you look at the timing of it, it started right near the time where the fork was supposed to happen. that screams manipulation and panic sell from those who bought bitcoins temporarily in hopes of getting the free B2X coins that has been advertised in the past couple of days.

Yes the price is dropping but no need to worry. Because its just a small dump maybe it will be back again to twenty thousan dollars. We cant predict when it was rising up but still hope that it will happen as long as there is investors and buyers who is still buying bitcoins and investing to a particular signature campaigns.

[Scorpion]

If you can't a little correction like what we're experiencing right now then you don't really have what it takes to be involved in a rapidly growing field of cryptocurrency. These people get scared to easily and see some numbers go backwards and they start using the word scam, it's best to ignore these folks they're not going to engage with you in any insightful conversation.

[Haesslon]

An annalist said that Bitcoin corrections mostly stabilized between a loss of 38 to 60%. So from 20k $ we could see it settle in the range between 8k and ~12k$.

[crytomusica]

people withdraw their money for christmast and new year eve , in the beginning of january , it will go up again

Christmas and new year has its role while the market is red at the moment. It is "present" season that's why a lot of people is cashing out some of their money and using it for this holiday week. After first week of the year I'm expecting a green week finally.

[madushanperis11]

To be honest, I also have bit confused what to do. These confusions among the traders make the sudden price varying too, because lot of people start to sell their coins just after bit of price drop. So it makes the price continuously drop further.

As one guy told in the comments, people might en-cash BTC as the new year comes for the expenses. I have seen some treads where people asking, it is ok to sell their properties and invest in BTC. I do not believe that they have gone to that level but it indicates that people might invest all they could. As the new year comes, the expenses goes high, that is a fact we all are aware of. When BTC goes down, relatively some Alt coins are going up, that is something I have noticed when you look into the past. Anyway, I you look into BTC history from the beginning, there are two major price drops and this types of drops should be expected as I think.  

[xSkylarx]

It seems like it is going down I hope it would stop going down when it reach about $11,000 .
I think maybe in the next few days or maybe next couple of months the bitcoin price would be high again.

[Arifull Islam]

Bitcoin price rising or droping anytime .I hope it will be grow up very soon.I expect it will be come at $12,000.

[wallstone]

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

Actually, dropping and rising of bitcoin is normal to all bitcoin users because we all know that it always fluctuate and bitcoin doesn't have exact value. If the price of bitcoin is dropping you must do holding and wait for rising of the price so that you could gain high profit.