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Author Topic: Why is Bitcoin BTC falling today? Will it continue to fall?  (Read 711 times)
nguyenthenguyen (OP)
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February 02, 2018, 04:56:57 AM
 #1

Today, bitcoin falling 8696$ on coinmarketcap, will it continues to fall? do you think about this?
remedcu
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February 02, 2018, 04:58:49 AM
 #2

If people start to panic and sell, it will go further down.

If people act sensibly and understand to differentiate the fake news from real, it will move sideways.

If people believe in the future of this technology, it will rise.
Gogochen
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February 02, 2018, 05:01:17 AM
 #3

The entire cryptocurrency market turned red. Everyone started to panic, so I think the price will still be further down, because along with the national regulation, encryption of cryptocurrency market bubble started puncture, so a drop in prices is also normal.

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February 02, 2018, 05:03:57 AM
 #4

I'm holding what I have, but I believe things are about to go down in a BIG way. I have a very small amount of my 'play' money left. I am holding onto that cash and will buy when the bottom is reached.
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February 02, 2018, 09:12:52 AM
 #5

It's cyclic but you want to be ready and on board for when the rocketship takes off.
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February 02, 2018, 09:17:55 AM
 #6

I think this is a temporary phenomenon! Was the holidays !now the Asian market during the holidays !so soon everything should return to normal!

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February 02, 2018, 09:19:00 AM
 #7

i think bitcoin will not fall anymore and will startip up soon
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February 02, 2018, 09:21:27 AM
 #8

The downward trend is not looking as if is going to stop right away but definitely it will recover. I see big savvy investors taking advantage of this crypto recession to make huge returns in the future. How I wish I have big investment budget to diversify in this period.
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February 02, 2018, 09:23:50 AM
 #9

Today, bitcoin falling 8696$ on coinmarketcap, will it continues to fall? do you think about this?
If many will remain gullible for fake news that will be a continuous fall. We are all grown up and I don't know why there are too many people in the community that are believing news that aren't real.
If people start to panic and sell, it will go further down.

If people act sensibly and understand to differentiate the fake news from real, it will move sideways.

If people believe in the future of this technology, it will rise.
^ This, all of what you said are true and if everyone believes on bitcoin and remains to be faithful and keep on holding the price will soon rise. People will never realize what's the real news and the fake ones, they are literally taking every published news without basis.


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alko89
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February 02, 2018, 09:26:59 AM
 #10

If it weren't for the jump in the price before new year, BTC price would be arround 5000. I'm guessing it can fall and stabilize at that price.
guanyikclkv8593
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February 02, 2018, 09:29:42 AM
 #11

Today, bitcoin falling 8696$ on coinmarketcap, will it continues to fall? do you think about this?
I think it will continue because people are panic and this will influence the market grately at present.
MrSpasybo
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February 02, 2018, 09:32:06 AM
 #12

I think this is a temporary phenomenon! Was the holidays !now the Asian market during the holidays !so soon everything should return to normal!
After next two weeks will our Chinese New Year, our biggest holiday of the year. It is possible for people to sell cyptocurrency (~ $ 200B) to buy food, gifts and home decor. Hope that the market will recover after March 1, 2018.
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February 02, 2018, 09:34:20 AM
 #13

So many of these threads popping up recently as expected due to the crazy FUD against bitcoin at present and my answer will always remain the same which is that bitcoin might fall some more before rising back up into the heavens. This extreme volatility of the crypto market is very common and such bans keep popping up on a regular basis which is why I don't really think too much about them.

My strategy is to invest and forget and focus on other important stuff in life and not ignore the FUD completely. I check my portfolio every few months here and there. By using this strategy, I HODL all my coins in my portfolio with minimum hassle.

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NPG331525
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February 02, 2018, 09:39:28 AM
 #14

I also questioning this a lot. But, seeing the chart of last year, we can have a hope. Waiting for the red becomes green, soon!

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February 02, 2018, 09:44:45 AM
 #15

Those people who are new in crypto made this fall right now as they are afraid because of the spreading news and FUDs. But this fall won't last long some people just need to be educate about cryptocurrency. Also this fall are cause by bankers and governments who are afraid of cryptocurrenct and they are regulating something about crypto. 
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February 02, 2018, 09:54:35 AM
 #16

we need to see whats going to happen after asian holiday ends. This will turn to a rocket after the holiday.
But i am still waiting more drop on all crypto coins. Holiday is a nice timing for a crash

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mummybtc
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February 02, 2018, 09:55:25 AM
 #17

I think people are not confident holding BTC, this trend may continue for some time IMO, but I feel the price range it is now is a good buy for those that truly believe in the coin, I will be setting my order lower that the current price range and see if I can catch some dip
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February 02, 2018, 09:55:36 AM
 #18

it has to stop.. it is enough for my heart. I can wait no problem but I like only green Smiley
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February 02, 2018, 09:57:16 AM
 #19

I think it needs to touch the support line @ 7800 USD in order to grow again.
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February 02, 2018, 09:57:33 AM
 #20

such as the impact of news about the Indian government blocking bitcoin in the country, but is this the only factor? I think not, this keeps happening and I'm sure this is the right time to buy more bitcoins

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