Is Bitcoin Crashing?

[PlusCoinINK]

1 — Bitcoin jolted by regulation worries, tumbles 11% on extended sell-off

Bitcoin plummeted below $10,000 this week, half what it was worth at its peak, because investors are afraid regulators might clamp down on the volatile cryptocurrency. The price of bitcoin, the world’s biggest and best-known cryptocurrency, fell to as low as $9,500 on the Luxembourg-based Bitstamp exchange, the lowest since December 1. (Source: Fox Business)

Why this is important for your business:

As I write this – and for all I know – Bitcoin may have doubled in value.  But that’s the point. Digital currencies are absolutely the future and if you’re running a small business you need to pay close attention as to when you’ll start accepting these in some form.  But, given the extreme volatility of these assets that time is still far in the future.

Do you think bitcoin is really crashing?

Source: https://www.forbes.com/sites/quickerbettertech/2018/01/21/is-bitcoin-crashing-and-other-small-business-tech-news-this-week/#cd382fc2e1bd

[pushups44]

It is crashing or correcting depending on how you define these terms, or how long you intend to invest. I believe the markets are waiting for the Lightning Network to be implemented. If it proves a success, the next target is 25 to 50k.

[2Godbdglory]

Is bitcoin crashing? The yes and no of thus question depends on us the bitcoiners. It does not require government help to execute bitcoin. Its crashing really depend on u

[viollo]

Bitcoin crashing? It depends on your point of view... compared to 2nd half of december, yes... in general, no... it's keeping a rage within 10k +/- which is not a crash. Crashing for me would be under 7k...

[trumper]

Yes it is crashing, from $20.000 to $6000 don't you think it is crashing? I think it is not done yet, it will crash to $5000 and can't rise for months. No profit for most people.

[secondgarlic]

Yes it is crashing, from $20.000 to $6000 don't you think it is crashing? I think it is not done yet, it will crash to $5000 and can't rise for months. No profit for most people.

What $6000 are you talking about? As of right now, the price is $8400, and the overall trend over the past few days has been positive. I agree that what bitcoin experienced was a crash, but this may be the beginning of a recovery.

[Mohamme]

Bitcoin, I think, has caused a big drop because of national regulation and facebook's ban on ICO advertising.
Investors in the entire cryptocurrency market have lost confidence, but as countries' friendly policies toward bitcoin continue, the bitcoin will rise again.

[Saiful Islam777]

Due to some risks in some countries it is closed in the current market. But it will be spent in a very short time. Hopefully, the validity of the Bitcoin usage will be verified and validated.

[lorylore]

Welcome to crypto, the fast pace of the prices going up and down is crazy as compare to traditional markets. The crashing of bitcoin is actually a healthy correction after weeks of growing non stop since nov/dec 2017.

[rodalutor]

1 — Bitcoin jolted by regulation worries, tumbles 11% on extended sell-off

Bitcoin plummeted below $10,000 this week, half what it was worth at its peak, because investors are afraid regulators might clamp down on the volatile cryptocurrency. The price of bitcoin, the world’s biggest and best-known cryptocurrency, fell to as low as $9,500 on the Luxembourg-based Bitstamp exchange, the lowest since December 1. (Source: Fox Business)

Why this is important for your business:

As I write this – and for all I know – Bitcoin may have doubled in value.  But that’s the point. Digital currencies are absolutely the future and if you’re running a small business you need to pay close attention as to when you’ll start accepting these in some form.  But, given the extreme volatility of these assets that time is still far in the future.

Do you think bitcoin is really crashing?

Source: https://www.forbes.com/sites/quickerbettertech/2018/01/21/is-bitcoin-crashing-and-other-small-business-tech-news-this-week/#cd382fc2e1bd

Two things:

1. I don't think bitcoin is crashing, I think it's just a minor correction after a near 100% recovery in under 2 weeks, expect it to be back up towards 12k in a week's time.

2. Volatility really shouldn't be a major concern for small businesses, they can accept cryptocurrencies but on a usd valuation and convert any crypto they receive in to usd (or whatever currency they use) instantly so as to negate any risk.

[xiaohao111]

1 — Bitcoin jolted by regulation worries, tumbles 11% on extended sell-off

Bitcoin plummeted below $10,000 this week, half what it was worth at its peak, because investors are afraid regulators might clamp down on the volatile cryptocurrency. The price of bitcoin, the world’s biggest and best-known cryptocurrency, fell to as low as $9,500 on the Luxembourg-based Bitstamp exchange, the lowest since December 1. (Source: Fox Business)

Why this is important for your business:

As I write this – and for all I know – Bitcoin may have doubled in value.  But that’s the point. Digital currencies are absolutely the future and if you’re running a small business you need to pay close attention as to when you’ll start accepting these in some form.  But, given the extreme volatility of these assets that time is still far in the future.

Do you think bitcoin is really crashing?

Source: https://www.forbes.com/sites/quickerbettertech/2018/01/21/is-bitcoin-crashing-and-other-small-business-tech-news-this-week/#cd382fc2e1bd

I don't think bitcoin has collapsed, it's just a normal adjustment. In the past few months, the price of bitcoin has risen so fast that it needs to stop and adjust in time. When the adjustment is over, it will soon return to normal and rise again.

[First77]

Yes it is crashing, from $20.000 to $6000 don't you think it is crashing? I think it is not done yet, it will crash to $5000 and can't rise for months. No profit for most people.

Those could be "rich scammers" who are buying Bitcoin at $3000 and pushing the price up fraudently.

Look at $2 Billion scam in Indian banks last week. A billionaire and big companies did the scam.

[player514]

1 — Bitcoin jolted by regulation worries, tumbles 11% on extended sell-off

Bitcoin plummeted below $10,000 this week, half what it was worth at its peak, because investors are afraid regulators might clamp down on the volatile cryptocurrency. The price of bitcoin, the world’s biggest and best-known cryptocurrency, fell to as low as $9,500 on the Luxembourg-based Bitstamp exchange, the lowest since December 1. (Source: Fox Business)

Why this is important for your business:

As I write this – and for all I know – Bitcoin may have doubled in value.  But that’s the point. Digital currencies are absolutely the future and if you’re running a small business you need to pay close attention as to when you’ll start accepting these in some form.  But, given the extreme volatility of these assets that time is still far in the future.

Do you think bitcoin is really crashing?

Source: https://www.forbes.com/sites/quickerbettertech/2018/01/21/is-bitcoin-crashing-and-other-small-business-tech-news-this-week/#cd382fc2e1bd

No. Bitcoin always corrects itself by some amount after any large gain. The correction was bound to come after we jumped 4,000 dollars from 6k to 10k. Currently, bitcoin is back past 10k, so I don't see how so many people jumped to the conclusion of a crash.

I like how you added a statement that goes past whether or not bitcoin goes up or down after you post this. I agree that the volatility can move people away from the coin, but the volatility can work in favor of businesses. Furthermore, I believe that there can be coins created that have a much more stable price.

[yinyangwinwang]

Apparently we are currently shaking out the weak hands and if that is true we should be almost done because alt prices are not much higher than they were in early December. I will wait for confirmation though before buying any alts, something I did not do last time in January .

[Hazir]

Here we go again with the same question...
 
When will you realize that volatility of bitcoin and the fact that crypto market is totally unregulated and susceptible to all kinds of manipulation or drama is what making price goes up or down?
Bitcoin is not crashing, the people are making it looks that way. Bitcoin rose too fast to $20k, no one expected it to happen in 2017. It is only natural that the price corrected itself.
Not to mention that the price has been influenced by additonal random negative news from Korea and India.

[noictib]

1 — Bitcoin jolted by regulation worries, tumbles 11% on extended sell-off

Bitcoin plummeted below $10,000 this week, half what it was worth at its peak, because investors are afraid regulators might clamp down on the volatile cryptocurrency. The price of bitcoin, the world’s biggest and best-known cryptocurrency, fell to as low as $9,500 on the Luxembourg-based Bitstamp exchange, the lowest since December 1. (Source: Fox Business)

Why this is important for your business:

As I write this – and for all I know – Bitcoin may have doubled in value.  But that’s the point. Digital currencies are absolutely the future and if you’re running a small business you need to pay close attention as to when you’ll start accepting these in some form.  But, given the extreme volatility of these assets that time is still far in the future.

Do you think bitcoin is really crashing?

Source: https://www.forbes.com/sites/quickerbettertech/2018/01/21/is-bitcoin-crashing-and-other-small-business-tech-news-this-week/#cd382fc2e1bd

Just see back in the 2-3 year back when price of the one bitcoin was about 400$ then at that time change in price of 1 btc with 50-60$ was common thing , now in these days price is much high than what was in the history and now in that comparison price of bitcoin fluctuations by 100-300$ is very small % dump and pump , so why we are seeing this down as crash of the market of bitcoin .
But we should see it as a quality of the bitcoin that is giving us opportunity to buy at low price and then sell at small pump in the price .
And also if we will use word crash crash then surely I don't think it will be profitable for all cryptourrency users Because crash word will give negative impact on the market of bitcoin and also at the mentilty of the newbie bitcoiners and that will leads into panic and so may be  many people will try to sell their coin at same time and that will result into real crash of bitcoin market .

[nzminer]

First thing first - I feel regulation is good for the markets as it ensures public confidence in exchanges and its use etc, so i think its purely FUD.

[@ltra]

Its normal that bitcoin market is crashing as many people are trying to crash it with fake news and governments are banning/restricting bitcoins as well as other cryptocurrencies.  However, correcting process is also showing good results but seems like negative energy is more in the market than positive energy. Soon we will seen bitcoin going towards 40K+$ by the end of the year.

[nzminer]

Its normal that bitcoin market is crashing as many people are trying to crash it with fake news and governments are banning/restricting bitcoins as well as other cryptocurrencies.  However, correcting process is also showing good results but seems like negative energy is more in the market than positive energy. Soon we will seen bitcoin going towards 40K+$ by the end of the year.

I remember bitcoin was less than $1000 a year ago, then hit $20K in December.
At that rate, this is entirely possible

[Jating]

More of a market correction for me. Crashing is when the price plummeted more than 40% which we witnessed in January and early February. But since then we bounce back above $11K and then when into another correction below $10K.

I guess everyone by now should embrace how the market moves. Its very volatile and just 1 negative news is enough to ripple and cause a lot of negative effect.

But then again, no one has really thought that around $20K is possible, but we did it last year. Maybe this year around, we might not gain that much, but I'm pretty sure that we can go touch a new all-time-high of above $20K.