Bolt Brownie
Sr. Member
 Offline
Activity: 700
Merit: 350
Betting Championship betking.io/sports-leaderboard
|
 |
February 25, 2018, 11:22:26 AM |
|
I don't understand why people keep saying that a 10% drop is a crash, and that a 10% increase is an amazing bull run. People keep forgetting this is crypto, and that crypto markets are incredibly volatile. It's perfect normal to have these variation inside cryto markets, and this is just normal behavior right now. We had dips of 80% during these past years, but people keep comparing crypto to normal markets, but even in those normal markets, people seem to forget how volatile they were in the beginning as well.
Bitcoin might have around 10 years, but it's still in it's infancy. We keep hearing that, but everyone seems to forget it when they see 10% drops and increases in it's price. We still have low liquidity, and a lot of speculation because most people don't even know what BTC is. There is no reason to panic in my opinion, and if you look at bitcoin daily chart you would see that although those candles represent big moves (percentage wise), they look very healthy, and are quite similar to stock charts. Everything is fine with bitcoin, and there is no reason to worry.
|
|
|
|
|
|
|
|
Even in the event that an attacker gains more than 50% of the network's
computational power, only transactions sent by the attacker could be
reversed or double-spent. The network would not be destroyed.
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
|
|
|
|
|
|
szpalata
|
|
February 25, 2018, 12:33:53 PM |
|
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 $5000 and can't rise for months. No profit for most people.
So how will you describe its current rise back to 10k$? is it still crashing or appreciating? I think the value in figures of bitcoin remains the same no matter you describe it in fiat. In that sense i wouldn't say it crashed or has ever crashed but fluctuating as its associated with almost every currency or commodity on the stock exchange. |
|
|
|
|
cunese
Member
Offline
Activity: 266
Merit: 10
|
|
February 25, 2018, 12:47:42 PM |
|
BTC has broken down, the good market is coming soon, BTC is now at the bottom of the price, hold your BTC for a long time, the good opportunity will come soon.
|
|
|
|
|
Lmaooo
Full Member
Offline
Activity: 694
Merit: 108
santacoin.io
|
|
February 25, 2018, 12:51:13 PM |
|
The entire cryptocurrency market is going through the market correction. it is not a big deal, it is absolutely normal for the market to go through correction as it will do recover over small period of time.
|
|
|
|
nzminer
Legendary
Offline
Activity: 1918
Merit: 1001
|
|
February 25, 2018, 08:24:56 PM |
|
The entire cryptocurrency market is going through the market correction. it is not a big deal, it is absolutely normal for the market to go through correction as it will do recover over small period of time.
its just that noobs to crypto are not used to such large corrections. |
NEM, THE SECURE, SCALABLE BLOCKCHAIN [NEM.IO] [T.ME/NEMRED]
|
|
|
iv4n
Legendary
Offline
Activity: 3136
Merit: 1172
|
|
February 25, 2018, 08:38:58 PM |
|
The entire cryptocurrency market is going through the market correction. it is not a big deal, it is absolutely normal for the market to go through correction as it will do recover over small period of time.
its just that noobs to crypto are not used to such large corrections. Bitcoin was pronounced dead many times, when ever bitcoin start to rise some group start to spread fud. Many people are not use to large fluctuations. I wouldn't call them correction, market moves in direction that demand and supply moves, and large whales have enough bitcoins to create situations where supply overcome demand. Bitcoin is not crashing, bitcoin doesn't have corrections its just current state of public needs and wishes. Bitcoin popularity in last year attracted many new people, big whales used that. Now many people bought on top and they wait higher price, whales are satisfied and market is stable again. Wait for next train for ATH it will not come fast maybe but it will come. |
|
|
|
tumis
Member
Offline
Activity: 1022
Merit: 69
|
|
February 25, 2018, 08:41:18 PM |
|
Bitcoin will drop . I bet 4000 $ =1BTC
|
|
|
|
|
|
Nevsky
|
|
February 25, 2018, 09:06:23 PM
Last edit: February 27, 2018, 12:20:57 PM by Nevsky |
|
I don't think that BTC crashed. It's look like on crash classic bubble. But fall no be forever. Correction will end sooner or later and we will go up. Now I'm looking for what to buy among altcoins. Apart from the top 10 I liked the idea and practical application of the Siberian chervonets (SIBcoin). Good price and choice to get money.
|
|
|
|
just a man
Full Member
Offline
Activity: 266
Merit: 100
Partner of UBER GRAB GOCAR
|
|
February 25, 2018, 09:16:36 PM |
|
Bitcoin will drop . I bet 4000 $ =1BTC
You might have your answer too long from now. People will dump Bitcoin though not everyone knows when. |
|
|
|
tumis
Member
Offline
Activity: 1022
Merit: 69
|
|
February 25, 2018, 10:26:10 PM |
|
Bitcoin will drop . I bet 4000 $ =1BTC
You might have your answer too long from now. People will dump Bitcoin though not everyone knows when. not really it have to be done faster than u think. This market is a full of "panic people" . |
|
|
|
|
kil5478
Member
Offline
Activity: 280
Merit: 10
|
|
February 25, 2018, 10:41:55 PM |
|
Until a regulatory framework for regulation of bitcoins and riptovality are created, these jumps and falls will continue.
|
|
|
|
|
vicvicto17
Member
Offline
Activity: 362
Merit: 10
|
|
February 25, 2018, 10:53:07 PM |
|
Nope it's just a retracement needs to sit there for a long time just wait it will bounce back, Patience is the key for that buy an hodl so that you can harvest your profit after this bear market.
|
|
|
|
|
|
makulo123
|
|
February 25, 2018, 10:57:43 PM |
|
No one thinks that for real. Everyone just pretends that it is, so they can buy cheaper. Especially big players as banks, institutions and whales. Don't fall for the FUDs.
|
|
|
|
|
Cryptohad
Newbie
Offline
Activity: 229
Merit: 0
|
|
February 25, 2018, 11:10:13 PM |
|
bitcoin does not crash, in my opinion this is a normal condition, bitcoin always decreases at the end and the beginning of the year.
many people are panicked because of this condition, so they prefer to sell it and some go for another altcoin.
I personally still keep bitcoin in my wallet, and I'm sure it's a good crashing to buy more bitcoins.
|
|
|
|
|
|
allycn
|
|
February 26, 2018, 01:33:16 AM |
|
The drop from almost 20K to 6K was a major correction. It was needed until the bull run all the way to 20K in 2017. It happened too fast and needed to be corrected. 2017 was a crazy year. When 2017 started, some people's expectations were for BTC to finally get past the all time high of USD 1,216 from 2013 and instead it went from barely 1K in January 2017, to almost 20K in December, 2017. However, every bull run has a price correction ad if we look at past prices it took BTC almost 3 years (from 2014) to finally break the 1K mark again (so to me it makes sense for it to be struggling to get past the 10K mark right now).
Maybe 2018 won't see such a bull run, maybe it will make it past its previous record. In the meantime I am happy with the somewhat "stable" prices from the past couple weeks.
|
|
|
|
|
|
newbie-hero
|
|
February 26, 2018, 03:19:49 AM |
|
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/#cd382fc2e1bdDon’t believe in any rumors about the crash of Bitcoin. Bitcoin is developing further. We don’t know the adequate price of this coins now. That’s why the price is fluctuated. Don’t be worried about BTC. It will survive. |
|
|
|
|
edwardnortonn
Newbie
Offline
Activity: 177
Merit: 0
|
|
February 26, 2018, 03:25:26 AM |
|
Bitcoin has taken a deep dive in value and price, most people dint expect this to happen but it has, this is by no means a reflection that BTC is crashing, The market force can cause lots of instability in a market as volatile as the crypto market, and prices may take sudden and significant change but it by no means shows the end of a currency is near,. with the deep in price, BTC still remains the most valuable coin and will surely bounce back, stronger than before.
|
|
|
|
|
|
GideonGono
|
|
February 26, 2018, 03:04:38 PM |
|
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/#cd382fc2e1bdTo be honest as of now bitcoin is crashing as you can see the price of bitcoin last year is amazing now the price of bitcoin is 9k dollars , but still increasing. I think our bitcoin is just warming up for the year 2018 , and don't worry bitcoin will increase again though. |
|
|
|
|
Nevsky
|
|
February 26, 2018, 09:09:59 PM |
|
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/#cd382fc2e1bdTo be honest as of now bitcoin is crashing as you can see the price of bitcoin last year is amazing now the price of bitcoin is 9k dollars , but still increasing. I think our bitcoin is just warming up for the year 2018 , and don't worry bitcoin will increase again though. I'm of the same opinion as you. Bitcoin will soon cost more than 20k. All because the interest in blochain has not died out, but on the contrary even more. But today I'm more worried not for Bitcoin, but for ALTs. On part of the funds I want to buy more altcoins. |
|
|
|
|
Yaunfitda
|
|
February 26, 2018, 09:17:34 PM |
|
Bitcoin has taken a deep dive in value and price, most people dint expect this to happen but it has, this is by no means a reflection that BTC is crashing, The market force can cause lots of instability in a market as volatile as the crypto market, and prices may take sudden and significant change but it by no means shows the end of a currency is near,. with the deep in price, BTC still remains the most valuable coin and will surely bounce back, stronger than before.
I mean that dip has to be expectation specially when bitcoin reaches all-time-high and you will noticed that there are a lot of irrational buyers that time so it's just a matter of when we are going to see it. So it did happened beginning of the year and although we bottom at around $6K we have somewhat recovered. However, there are people who's mentality is to see that bitcoin will grow on forever, No, the market doesn't work that way. It needs some correction along the way to be able to move further and grow exponentially. |
|
|
|
|
