Your opinion about the fall of bitcoin

[Isaacck]

My opinion about the fall of bitcoin is also like VOLATILE. Its simply because of the rapidly increasing and decreasing of the value of bitcoin. One of the reason also is, bitcoin is decentralized, simply it means that there's no one that can control it, but as of now. Other governments are trying to control bitcoin. Lastly, there's no one can predict the fall of bitcoin, 1 year is so long, it might happen some events that no one will ever expected

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[RawDog]

in my opinion, the decrease in bitcoin is due to the large number of people who sell bitcoin and buy altcoin, probably also caused by a group of people who have much bitcoin to play the price

The whales are always fucking the little guy.  It is just incredible how they are so abusive. 

[Coin12]

Now bitcoin is going through not the best hours. Falling below 8,000 is unacceptable, but it's a fact. And we have nothing to do. Remain to wait, and hope for better.

It can not be unacceptable because its the real fact of bitcoin price right now.
Sad to see the deep correction like this but we can not do anything. We have to face the fact but we need to do holding in the first choice.

[chidrawarster]

I think its because of the supply and demand and the volume based as well. I also see there is some market/cycle or trend following now and then based on short term or long term. Corrections in the market happens frequently and is normal in the due course. I have seen much more volatality in the crypto market , i m not surprised.

[desi92]

Now bitcoin is going through not the best hours. Falling below 8,000 is unacceptable, but it's a fact. And we have nothing to do. Remain to wait, and hope for better.

That is the reason why we need to read speculations because sometimes it happens, it was also a good thing that bitcoins today has decreased to $8k dollar in the market so there will be a time for us to invest and wait again till it goes back to $19k just like what happened last december 2017.

Yes it's true, everything we have to follow, sometimes the issues here seem impossible, but this often happens and come true, I'm happy to follow the speculation part and sell some bitcoin when the price is $ 14k, and I buy it again when the price is $ 6k.

By selling when the price hit $14k and now you bought it again when it was $6k. How lucky you mate. Oh no, not only lucky, but you are smart too. You smart because you know when to sell and when to buy. Although you loss because you bought it the first time in $18k but now you have very big chance to recover again.

[zhxb01]

Like stock market, this is a fall, that will have a rebound. Looking back the fall and rebound of Bitcoin in recent years, you will discover that before a new bigly raise up, there was a big drop, check this data below, please,
September 14, 2010 to October 8th,2010, Bitcoin plummeted from $ 0.17 to $ 0.01, the drop range is 94%；
November 6th, 2010 to November 10th 2010, Bitcoin plummeted from $ 0.5 to $ 0.14, the drop range is 72%；
February 10th, 2011 to April 4th,2011, Bitcoin plummeted from $ 1.1 to $ 0.56, the drop range is 49%；
May 13rd, 2011 to May 21st,2011, Bitcoin plummeted from $ 8.45 to $ 5.58, the drop range is 34%；
June 8th, 2011 to November 17th,2011, Bitcoin plummeted from $ 32 to $ 2, the drop range is 94%；
April 10th, 2013 to July 7th,2013, Bitcoin plummeted from $ 266 to $ 63, the drop range is 76%；
November 30th, 2013 to January 14th, 2015, Bitcoin plummeted from $1166 to $ 170, the drop range is 85%；
March 10th, 2017 to March 24th,2017, Bitcoin plummeted from $1326 to $ 892, the drop range is 33%；
June 11th, 2017 to July 16th,2017, Bitcoin plummeted from $3025 to $ 1837, the drop range is 39%；
September 2nd, 2017 to September 13rd, 2017, Bitcoin plummeted from $5014 to $ 3766, the drop range is 25%；
December 17th, 2017 to December 30th,2017, Bitcoin plummeted from $19850 to $ 11690, the drop range is 41%.

Therefore, everyone must be confident for Bitcoin, let us expect Bitcoin to erupt again！

[GavenJack]

I'm sure that bitcoin will still set the heat to all! constant growth is impossible, nothing can grow forever. there are tides and ebbs, there is winter and summer, there is day and night, there is also an impulse and correction. It is necessary to believe in bitcoin and everything will be good

[White32]

I think fall of bitcoin is normally happen year by year but we must take advantages if the bitcoin price goes down cause this is the right time to buy more bitcoin and invest, then wait for the time until the prices pump up again so at the end of the year your profit will much more.

[Rappyboy]

This is a correction, backed by FUD but if you will look at the bigger picture bitcoin is still in a uptrend. This will be over by march.

[LegendX]

Bitcoin had lots of falls until now. It is nothing to be afraid of. The crypto market falls and then it rises up again.

[Wintersoldier]

Sometimes Bitcoin cannot be explained using technical analysis. IMO, there are too many fuds recently. Another reason is due to the Chinese New Year in mid Feb, I guess many Chinese will cash out during this period.

But I am confident that Bitcoin will recover later on.

Probably, the recent fall on bitcoin's value is a result of multiple corrections from the previous price hike last year. Add up some negative speculations from different sources. But all of this are just hypothesis, Bitcoin's price is constantly moving up and down ever since. It even fall lower than what it is right now previously in the middle of last year. So, all of this recent fall are just normal. Expect for a stronger value sooner or later.

[merrillolive]

I think bitcoin does not crash. Despite recent barriers and disadvantages, Bitcoin has been hit hard by the crisis, and its value has been decreasing day by day. However, I think that this is essential, after a period of rapid growth, everything needs balance. It is a completely natural process.

[DeepestOnion]

My opinion about the fall of bitcoin is that there is no fall of bitcoin. There is only a strong price correction, which is crucial and healthy ESPECIALLY if you want to avoid any REAL "fall of bitcoin" in future.

[A Feeder]

A fall below $ 7,950 on the bitfinex will make it clear that the markup is not valid, because wave 2 can not fall below wave 1. This will be very bad.

Technical approximations cannot satisfy bitcoin by itself. One must consider the global events occuring that affects the cryptocurrency market. By doing this, the nearest foresight will be achieved and we can evade the mistakes we will most likely do without speculation.

[Kleo-kripto]

Bitcoin is subject to such large fluctuations because it is someone profitable. Large financial forces become even stronger, and the weak lose even more.
This is a difficult time for those who can not wait and do not understand that if you do not sell at a low price, you can still return your money if you wait. And even earn money.
Here wins the one who can wait.

[DoublerHunter]

Temporary. That is what i think for the fall of bitcoin. I don't think that there is something to worry about if we are all immune for this kind of scenario because bitcoin already fell for a lot of times and yet it is still standing and fighting for all of the fuds that we are seeing against bitcoin so i think there is no need to worry since we all experienced this before.

[coinfinger]

There's nothing strange about bitcoin's correction in this early part of the year. This kind of price fall happens annually and is unavoidable because of bitcoin's high volatility. Bitcoin have already suffered some of it worst price crashes in the past but it always managed to come back strong and reached many all-time highs later. No matter how deep is the fall, bitcoin always find way to climb back to the top.

If we think always of the down fall of the price of bitcoin we get panic immediately. This fall of bitcoin happen anytime so let's adopt this changes. If it had bought at ath price best is to hold.

You are right rise and fall is the part of bitcoin if today price of bitcoin is low then it will again rise but we will have to wait, as some people have bought bitcoin at this low price and they will have to hold instead selling then after getting worried of low price, income with bitcoin is about patience so in my opinion low price or fall of bitcoin is a chance to buy and high price of bitcoin is to sell it with more than double profit.

[freshm4ker]

I am not an expert in cryptanalysis but I have read so many comments and below popular bitcoin decline is still sementra and normal so it will soon recover and I agree with this.

[spiritguardcharles]

Actually for me it's really natural for bitcoin to undergo in such state.However,to completely drop for almost 300,000 Php from 800,000 is really frustrating since we're talking about the value of btc.Despite of bitcoin having on it's bad condition,i still believe after a short period of time the price or value of bitcoin will begin to rise up and some big changes will occur.That's why as for now,we should stay positive

[Hagmonar]

I think this is just a normal part of bitcoin since i join this furom and bitcoin world i already witness bitcoin behavior it goes up and down as usual. At this point i think this is the most smaller price you have seen again and it will goes up again to a higher price before the end of this year.