Bitcoin price "drop"

[Sled]

This drop was more than predictable after all, just look at the entire price history and you will see that it was obviously going to crash, but this is normal

I agree that this is normal because in every market they need to have a correction because that correction will make the market healthier than before and the price drop in bitcoin is a blessing for other people because they can get bitcoin for a lower price and they can just get more and more bitcoin for their holdings.

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[Onion lover 888]

I love Bitcoin too, but I think the sell off should be done now are at least close to the end. Bitcoin is the best and most widely known crypto out there. It will be the first one to recover when confidence and money returns to the crypto markets. Bitcoin and ETH and LTC should see the biggest, most sustained gains I believe. Drop was due to weak hands, regulations, fake news and FUD. Things will get better soon. Hold on folks.

[ShineftChaos]

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 are new traders in the country which are not good enough to handle their patience and they will just sell their coins immediately even though they will lose a huge amount of profit, so always try to study the market before investing or else you will just lose your investments due to panicking when your coins are melting.

[chrisculanag]

Yes ,very big drop its not good to hold if its continuously down because you lost more than your investment and also your profit . But some other say is to hold and be patience . We dont know what happen for the next days or months if bitcoin go back to bullish or stay in down trend.

[mcabrito]

yes you are right, bitcoin prices are currently down the better you take advantage of moments like this to buy as much bitcoin as you can, a lot of people are experiencing panic and will sell bitcoin owned at a very cheap price.

Because of so many bad news happened to bitcoin most new investors made panicked selling and this is the reason why the price drops, but this is also good for investors to buy cheap bitcoin price now, soon we will see huge profit.

[Konco126]

The point is we have to be patient with this kind of problem. Nevitably we have to accept what has happened, because the price of this bitcoin no one knows it. The rise and fall of bitcoin prices depends on how many people's buy and sell. Maybe now bitcoin is not popular, but we harud sure the future will be popular again. Because technology is getting more sophisticated every year making everyone will know about the existence of bitcoin.

[Kakawate]

In my opinion. Bitcoins price is still way too high c9mpared to last year at this time of the month, and people who had bitcoin that time who had invested in ample of bitcoins really doesnt care if bitcoins price is going as low as today, because they still earned quite big compared to what amount they have invested.

[d1ceplayer]

Yes Bitcoin price is dropping and I believe it is for a while. It will soon begin to go higher in price

It is always going to be for a while and there is no doubt about that as it obviously cannot end up dropping forever anyway. This market has shown great prospect over the years, we are beginning to see institutions get interested as well as those in the financial sector, some of the elites are already becoming enthusiasts and if that is not enough for a common man to quickly tap into it and be patient enough, then I do not know what else is enough.

[jamesclark]

It is ok, the main point is to be Flexible and sensitive enough to see those opportunities and use that, because even in the time of market fall there are many great opportunities to use, and be successful.

[Kidmat]

It is ok, the main point is to be Flexible and sensitive enough to see those opportunities and use that, because even in the time of market fall there are many great opportunities to use, and be successful.

Yes this drops of value of bitcoin the great opportunity for others to have more btc. The opportunity to catch even price is struggling. Though when down it will go up eventually.

[aTriz]

I think the price of the bitcoin that goes down will always happen at any time, as well as the rising bitcoin price, what we should know is we should stay calm when the bitcoin price goes down and not panic

If you think the first pump in the previous year you will understand why the price grew up so quickly. There are some people who wanted to earn lot of money from bitcoin. They decided the highest price of bitcoin. To saw this thousands of people invest in bitcoin and suddenly the price dropped from $20k to just $6k. It means that one bitcoin lost about $14k.

[BartS]

I am looking into Bitcoin since its price was $ 900. and finally bought a part of bitcoin when it hit 2500 $ . and then it jumped to around $ 20000 very inorganically atleast i think so. so , for me this price drop is normal.

Many people complain about the manipulation going on the market but one thing I always wonder is why people only complain of the manipulation when the price goes down? If there is such a big manipulation of the price as they say then this also happens when the price goes up and yet no one cares about it because at that point they are earning money but they do care when the manipulation brings the price down since now they are losing money, this show to us how little people care about the market since they only care about themselves and their own profits.

[weblouartisan]

yes you are right, bitcoin prices are currently down the better you take advantage of moments like this to buy as much bitcoin as you can, a lot of people are experiencing panic and will sell bitcoin owned at a very cheap price.

Investing a huge amount right now is the best thing to do because it was guaranteed that you will be earning a huge amount of profit in the market when the prices goes back to normal.

[Bolivar_Tony]

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.

right. Some people always act in the crowd trend. Sometimes there are a lot of rumors but it is enough to scare them sell their entire bitcoin assets at a cheap price.

[Rollkal]

The current price of BTC is going down sharply, so holding them is a must, not selling them right now, this is a very low price for altcoin and hopefully they will rebound in time. time to come.

[Saiful Islam777]

It is true that currently the price of Bitcoin decreases. But since it is market-related, I think Bitcoin will get graded.

[Emitdama]

It is true that currently the price of Bitcoin decreases. But since it is market-related, I think Bitcoin will get graded.

Don’t consider this drop for the life of bitcoin. No, this isn’t the case, bitcoin is all about going up and then coming down for no specific reason. Like we are always moving here and there, likewise the case of bitcoin. It is usual for them to be at the top and then coming down the bottom line. So don’t just get worried about this drop. This has been coming down for so long time and it will continue.

[jamesclark]

This drop was more than predictable after all, just look at the entire price history and you will see that it was obviously going to crash, but this is normal

Yes and the now many of experts are predicting the upcoming growth in our world. Will be hoping that this is true, because I have turned all that I have into cryptocurrencies recently.

[South Park]

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

I do not see the problem, of course the people are going to complain about the price, people did the same back then when the price was 10 dollars and now people are complaining when the price went below 10000, it is the same thing, the only thing that has changed is the price you need to pay for each bitcoin, and I think we must be understanding as well if they have lost as much money as I think we cannot ask them to shut up.

[laravuemaster]

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

Bitcoins price drop is just fine because it only means that the market is giving different investors the opportunity to hoard more coins since bitcoins price is very expensive before in the past months.