Cryptomarket crash - Bitcoin will get down to 4000$? Help to understans, plz

[dualcore156]

Any help to understand the situation?

Visa not supporting crypto anymore?
South Corea don't let soldiers use exchanges and then civilians?
China in new year - people buying with BTC and Alts?
Governments want regulation money from btc?
Impossible to stabilice btc prices to use it as payment option?

Have ever happend something like this before?

What expectations we have for a new decentraliced, P2P, fair economy?
Are wem humans ready for it? Or no way?

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[Lukas Tarantas]

I think that bankers saw strong competition in the cryptocurrency. Therefore, they declared war on bitcoin and the governments of many countries began to call for imposing restrictions on the cryptocurrency. This led to a drop in the value of all the cryptocurrency.

[gentlemand]

Visa terminated one single company, Wavecrest, that wasn't playing by the rules. Cards issued by other operations are fine such as Coinbase and Bitpay Visa cards in the US.

South Korea's market is basically completely unregulated. There is no financial oversight at all. It shouldn't have been allowed to develop that way. It's being sorted out now.

Governments are naturally going to want to regulate vast amounts of money sloshing around. They'll implement more KYC which is what most exchanges do already.

Crypto has done this plenty of times before. No doubt it'll do it again in the future.

[tech72]

It will not go that low. The price would fall maximum to 8000 and then retrace back cup from there. Even breaching 9k will be tough for it.

[Bonsaiav]

Bitcoin will get down to $4000.
I think, Not as low as that.
I`m a new player in the world of crypto, so i have never experienced this before. But after that i did some research in some media, almost all countries (except Japan and the Netherlands) denied existence bitcoin and altcoin especially their central banks. It seems that the existence of cryptocurrency will forever be considered an enemy by them.

With these conditions i can only hope and pray, hopefully there is a way for cryptocurrency towards the better again, Amen.

[arpon11]

I pray that bitcoin survive this all time fall as it seemed there is no end to it since three days back. The USA markets section try to do everything possible to move the market forward but the Asia keep bring the price down. I think this is the highest dump in the history of cryptocurrency and this happen because there was an accumulated attacked against cryptocurrency from the governments, elites, politicians and hackers. $4,000 is very possible and even at that I will still hold.

[won99]

The fluctuative price in cryptocurrency is normally situation. Sometimes, the price is high and the other time will fall because a little people to do investment in cryptocurrency 

[harizen]

Any help to understand the situation?

Visa not supporting crypto anymore?
South Corea don't let soldiers use exchanges and then civilians?
China in new year - people buying with BTC and Alts?
Governments want regulation money from btc?
Impossible to stabilice btc prices to use it as payment option?

Have ever happend something like this before?

What expectations we have for a new decentraliced, P2P, fair economy?
Are wem humans ready for it? Or no way?

The crash like this happened before. And yes getting back to $4,000 is possible but just wonder how much coins should be dumped before reaching and it needs more negative news that has big impact to happened.

The most closest reason for this crash is the South Korea and China's policy towards cryptocurrency. Since it's currently on action then definitely we can see the effect of it now. What you must wait is the result after this scenario ends. What scenarios Im talking about? The result if South Korea and China finally have a clear view of their regulations and view towards cryptocurrency.

If you can't stand to watch how the price is moving today then better stay away at price monitoring and trust bitcoin.

[darewaller]

Any help to understand the situation?

Visa not supporting crypto anymore?
South Corea don't let soldiers use exchanges and then civilians?
China in new year - people buying with BTC and Alts?
Governments want regulation money from btc?
Impossible to stabilice btc prices to use it as payment option?

Have ever happend something like this before?

What expectations we have for a new decentraliced, P2P, fair economy?
Are wem humans ready for it? Or no way?

I don’t think so, maybe the main reason why the price of rate of cryptocurrencies are dropping is because of people withdrawing their money. As price drops, everyone will be pushed to withdraw their money, cause nobody wants to leave his there  and make loss. I believe the price will go back up.

[stompix]

Visa not supporting crypto anymore?

Visa has nothing to do with crypto. And they never did.
A single VISA partner was issuing cards and they decided to forget about the rules in order to attract customers.
If some other partner starts offering card but plays by the rule VISA will do nothing.

South Corea don't let soldiers use exchanges and then civilians?

Where did you get this idea from?
Nothing like this is happening.

China in new year - people buying with BTC and Alts?

BTC usage in China in RL is close to 0. All they do is trade.

Governments want regulation money from btc?

No, they don't regulation money. They want taxes on the profits you made.
And it's damn understandable since the money you made are basically coming from another person buying your coins.

Impossible to stabilice btc prices to use it as payment option?

Most payments for goods and services are made by 3rd party payment providers (bitpay for example)
When you send btc they instantly convert them to $ and the merchants gets $

Have ever happend something like this before?

Yes, and nobody died.

What expectations we have for a new decentraliced, P2P, fair economy?
Are wem humans ready for it? Or no way?

There is no such thing a decentralized economy. It's either a free market or not.

[AleksandrKosov]

Any help to understand the situation?

Visa not supporting crypto anymore?
South Corea don't let soldiers use exchanges and then civilians?
China in new year - people buying with BTC and Alts?
Governments want regulation money from btc?
Impossible to stabilice btc prices to use it as payment option?

Have ever happend something like this before?

What expectations we have for a new decentraliced, P2P, fair economy?
Are wem humans ready for it? Or no way?

Relax, this is the usual negative background during the correction. The price will grow. Consider also the positive news about the desire of a large number of exchanges to launch futures, the creation of a large number of investment funds, the desire of Mitsubishi UFJ bank to launch its stock exchange and other news. Everything will be fine.

[Razick]

Looking at the market and the way bitcoin has been going strong despite the market, there is no reason for me to believe it will ever go back down to $4000. $6000 is as far down as it will go and then we will start seeing new recovery and a new upward trend even though it is slow like it is now. There is way too much money in the market right now so there is no way the price is crashing that low.

[scorpionso]

same rumors , same rumors. btc will raise up to 100.000$ , will get down 1.000$. people always make speculation on this. at the end one of these assumes will happen. I don't mind actually, I just try to make more money as possible 

[sureshotcoin]

bitcoin price rumors most drastically updated every time the market gets down rumors spread by lowest figures which are nt true

[Ulan01]

Any help to understand the situation?

Visa not supporting crypto anymore?
South Corea don't let soldiers use exchanges and then civilians?
China in new year - people buying with BTC and Alts?
Governments want regulation money from btc?
Impossible to stabilice btc prices to use it as payment option?

Have ever happend something like this before?

What expectations we have for a new decentraliced, P2P, fair economy?
Are wem humans ready for it? Or no way?

this problem is not the first one encountered with such a situation, and it can still be resolved. because many people feel the benefits. and my hope bitcoin remains and remains valuable until every person and country can accept its existence. about someone's readiness or not, they must stay ready, as technological advances will not wait for them.

[paynercash]

The fluctuative price in cryptocurrency is normally situation. Sometimes, the price is high and the other time will fall because a little people to do investment in cryptocurrency 

The rise or fall in e-money is very normal. Please do not worry too much and need good psychology. It collapses, may be just the speculation, puzzling public opinion. And they will take over the whole market if we are scared. Be calm and look carefully before deciding success will come.

[Grayy]

In the next few months people would be running to buy bitcoin and complain when the price fall. If you want to buy bitcoin the dips are good for you. You don't expect bitcoin to be stuck at 6K at this time of the year. There's  definitely going to  be a rise and people are going to forget they ever thought about bitcoin crushing.

[SunJAB]

Looking at the market and the way bitcoin has been going strong despite the market, there is no reason for me to believe it will ever go back down to $4000. $6000 is as far down as it will go and then we will start seeing new recovery and a new upward trend even though it is slow like it is now. There is way too much money in the market right now so there is no way the price is crashing that low.

It's down to $ 4,000, so the market is definitely volatile. But its stability and robustness are hard to come by. Rest assured that it will be very difficult to happen. Notice that it also links with other economic sectors, creating a strong economic network. That would be very unlikely.

[samycoin]

Don't be so panic because lots of things are have explanation why the crypto is dropping. Sometimes because of fud news or bad news that can affect the price in the crypto market. And also it's depending to the demand in the market.  Don't worry because market will be surpassed this situation and will be back on track again.

[TranTrongit]

Price fluctuations in the crypto market are all normal. Let's be very calm and patient this time. If you panic and sell everything you have, you have failed and made food for sharks. I believe the market will soon stabilize again later this year.