Bitcoin price "drop"

[KennyR]

Nothing is new for Bitcoin, price rise,drop and grow again also FUD will always be a part of any crypto it is the reason why many people buy and sell their Bitcoin if they believe those news. Anyway i am not surprised on the current situation of Bitcoin first time i use and bought my Bitcoin price was 600$ and there are few gambling sites that time so with its current price right now i am still happy especially if i sold some of my Bitcoin when the price was at 19k USD.

Spreading of FUD is one of the major reason to make the price fall low at times when growth has been taking place in a gradual manner. I don't know why such FUD spreading is taking place. As it is a speculative asset it is easily getting affected when fake news get spread around.

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[Pasnik]

Others spreading fuds for their benefits to catch the price at a lower rate. Once bitcoin drops it is the most opportunity to buy then once rise profit is in. Bitcoin price drop and up but the important for this is never panic you may hold onto your bitcoin price may up this year.

[Yarsk]

FUDS will always be there and so many negative news here and there, but in most cases the negative news is use as a tools to bring the price of bitcoin down so that the big players can buy bitcoin at a very low price from those who will rush into panic selling during price fall.

[markdario112616]

These FUDs are somehow made by the elites or Big "sharks" players. A basic way to disrupt one's mind is to attack them mentally and emotionally. FUDs makes a normal player to panic (maybe not all but a huge amount of players) that causes for these players to sell (Without having a proper knowledge and/or information if the news is real or fake). What makes it much easier for these elites to spread such FUD and make the FUD realistic is because of their connections and money. Why are they doing it? These people are manipulative and greedy they'll find a way to get what they want, no matter what cost it may take to others.

[Ondre]

It is normal or natural when in fact every coin in the coin market are intended to rise and fall. If it drops today then next thing in line is it will rise again, so while price drops its time to invest so we can earn in time when it goes up again.

[cizatext]

Negative news will always be there what is left for you to do is either listen to them and let them affect you or you walk pass them and continue your business, when it comes to bitcoin I don't really listen to new this is not because am not interested in what is happening in the bitcoin network but simply because 50% of the news are always negative and way to bring the bitcoin price down.

[napi]

I feel like it's my obligation to share my 2 cents on current "steep" drop of bitcoin price. I find it absolutely unbelievable when people say how low the price of btc is, speaking of the price at $10k or $11k. Those who have been in this industry long enough to remember the price of btc to be $5 are just shrugging their shoulders short of words.

What I'm trying to say is that those new community members so called "hypers" should stop spreading fud when price goes down and same goes with price growing. Actually growing price of btc is kind of problem as it's starting to miss its original purpose of cheap quick transactions. We need people focusing on real value of this ecosystem rather than moon kids...

Thanks for hearing me, couldn't help myself

when the bitcoin price drop or collapse it is actually the right time to buy as much bitcoin as possible because you get a cheap price and get a nice moment to buy bitcoin. after you buy bitcoin save bitcoin that have and sell when price is back at price of $ 20k or more.

[lablab03]

FUDS will always be there and so many negative news here and there, but in most cases the negative news is use as a tools to bring the price of bitcoin down so that the big players can buy bitcoin at a very low price from those who will rush into panic selling during price fall.

right fuds are the main reason why the price drop always, and indeed the reason why fuds always making fake news because they want to manipulate the price so that they can buy a cheap price also . And perhaps there's no way to eliminate those fuds so much better for now is to promote crypto in a good ways and forget those fuds.

[Yankae]

I feel like it's my obligation to share my 2 cents on current "steep" drop of bitcoin price. I find it absolutely unbelievable when people say how low the price of btc is, speaking of the price at $10k or $11k. Those who have been in this industry long enough to remember the price of btc to be $5 are just shrugging their shoulders short of words.

What I'm trying to say is that those new community members so called "hypers" should stop spreading fud when price goes down and same goes with price growing. Actually growing price of btc is kind of problem as it's starting to miss its original purpose of cheap quick transactions. We need people focusing on real value of this ecosystem rather than moon kids...

Thanks for hearing me, couldn't help myself

Absolutely right,other members whose been here for long doesnt give a crap wether it rises or fall.Most of the newcomers are the one that spreading some nonsense news and acting strange if they see a dump on bitcoins price which we shouldn't be afraid of,because from the beggining is started  with realy low price.

[supandi wiharja]

Probably over the past few weeks bitcoin has been sharply reduced in price, but now the bitcoin prices have started to increase even if only slowly, but i'm sure this is a good sign for future bitcoin price movements.
Many factors affect the price of bitcoin down, but the major factor that greatly affects this occurs in bitcoin on demand and supply.
Always exploiting this situation by buying as much as possible and holding it up to the end of the year, will definitely earn a lot of profit.

[Sir Cross]

This is how people react:

Haha! Nice meme, you made me laugh mate. As for OP, not actually the community members are the ones who are hyping a FUD. Blame those big players in the market that has billions of dollars invested to bitcoin and they are the ones who are paying these shills to spread FUD immediately. We can't blame each member here if they are thinking its going to be the doomsday for their investment. Just learn the market and don't buy the FUD instead buy the dip.

Not only have the big players been spreading the FUD, but also those who just came in the market just when the hype has started. The meme perfectly shows the attitude of those who thought that they would gain huge profit after a few months. They initially thought that bitcoin's price would continuously go up for the upcoming months but when they saw the price go down, they got drastically depressed. After seeing the state of bitcoin, they lost faith in it and began spouting out bad comments about it and thus contributing to the FUD. They obviously don't get how the price of bitcoin performs and was blinded by the promise of immediate returns or profit.

[cuteness]

Yes but it slowly going back from its price it already reach 11k it rises for 10%  and hopefully it continues in next months.Fake news really affect bitcoin price from last month that causes it for a dump.

[Morning honor]

I agree with you. They panic too much and don't even read the situation. This is the problem of hypers. They just spread negatives without any proof.

I know that the bitcoin will drop but its normal and we dont have to get worried because the value of bitcoin will be rising again.We believe for bitcoin and the cryptocurrency because it is the way the we achieve the greatness of cryptocoins.

[mace15]

Yes but it slowly going back from its price it already reach 11k it rises for 10%  and hopefully it continues in next months.Fake news really affect bitcoin price from last month that causes it for a dump.

Fake news always happen thats why others goes into panic selling that makes price dump so huge. Also, we should expect the market that it will goes up and down. Hence, if price drops I believe it can survive just now btc is currently bounce back at this rate.

[Somratbd]

I agree with you bitcoin's price drops but now the price is rising. Many people lose interest in investing when bitcoin's price drops, but this is not right. Bitcoin prices may drop due to demand drop. I think this is normal.

[mx667]

I agree with you bitcoin's price drops but now the price is rising. Many people lose interest in investing when bitcoin's price drops, but this is not right. Bitcoin prices may drop due to demand drop. I think this is normal.

The up and down of the Bitcoin is very normal just like you said. I really agree with you. But we do not have to be afraid or panic. This is often happening and always make a lot of people questioning about this. But if you really think about it, and see Bitcoin for three years ago, you will know that the price of Bitcoin is increasing very rapidly. You will know that whatever happen, the price of Bitcoin will go up sooner or later. Even if the price is droping very low right now, we do not need to worry. Just think about what will happen with Bitcoin in the next three years. Or in the next five years. And we better collect it as much as possible.

[logicgate]

I agree with you bitcoin's price drops but now the price is rising. Many people lose interest in investing when bitcoin's price drops, but this is not right. Bitcoin prices may drop due to demand drop. I think this is normal.

The up and down of the Bitcoin is very normal just like you said. I really agree with you. But we do not have to be afraid or panic. This is often happening and always make a lot of people questioning about this. But if you really think about it, and see Bitcoin for three years ago, you will know that the price of Bitcoin is increasing very rapidly. You will know that whatever happen, the price of Bitcoin will go up sooner or later. Even if the price is droping very low right now, we do not need to worry. Just think about what will happen with Bitcoin in the next three years. Or in the next five years. And we better collect it as much as possible.

No need to get worried when prices are going down rather you are lucky to get such amazing chances whiter bitocin are low and you can easily buy them. If you don’t buy a whole one bitcoin, no problem, just buy as much portion as you can. Price charts are continuously going up and down and we all need to understand this is a normal trend. Nothing strange in it, so just relax.

[2Godbdglory]

This is true because bad news spread quickly,  this negative  news spreads quickly.  People doesn't talk about the good news and deeds of crypto  that has changed so many lifes

[trecore4]

Nothing is new for Bitcoin, price rise,drop and grow again also FUD will always be a part of any crypto it is the reason why many people buy and sell their Bitcoin if they believe those news. Anyway i am not surprised on the current situation of Bitcoin first time i use and bought my Bitcoin price was 600$ and there are few gambling sites that time so with its current price right now i am still happy especially if i sold some of my Bitcoin when the price was at 19k USD.

Yup that's what we should be looking for. Just keep it simple strategy of buy low and sell high rates. If we keep that thing in mind then we can just forget about all the factors that are driving the fluctuations of bitcoin that is FUD, good-bad news, market changes of stock and much more you name it. They are mostly hoax and many bubble news are coming out since many years and the pattern still follows.

What we are doing is just playing around that hole which can turn into black hole and suck everything one day. Better keep playing steadily and on regular basis without worrying much about the price of bitcoin.

[jaysabi]

I feel like it's my obligation to share my 2 cents on current "steep" drop of bitcoin price. I find it absolutely unbelievable when people say how low the price of btc is, speaking of the price at $10k or $11k. Those who have been in this industry long enough to remember the price of btc to be $5 are just shrugging their shoulders short of words.

What I'm trying to say is that those new community members so called "hypers" should stop spreading fud when price goes down and same goes with price growing. Actually growing price of btc is kind of problem as it's starting to miss its original purpose of cheap quick transactions. We need people focusing on real value of this ecosystem rather than moon kids...

Thanks for hearing me, couldn't help myself

There's no need for quotation marks on either "drop" or "steep." The decline from all time highs is both a very real drop and also very steep. The fact that years ago Bitcoin was virtually worthless does not diminish either the drop that has been experienced or the fact that the drop has very steep. A 50% decline is catastrophic. It's only the fact that most of the decline has represented unrealized paper gains for the vast majority of people that this doesn't feel apocalyptic.