JMD07
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Activity: 378
Merit: 10
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March 17, 2018, 04:16:31 PM |
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I'm still wondering why bitcoin suddenly dropped over 11kUSD. i thought that it will hit 30k usd this year, but how come it's suddenly dropped? i dont think so if its manipulated by whales or maybe the supply and demand of bitcoin is one of the problem . or maybe uts a chance given to us to buy so we can havea good profits. can someone explain?
The price drops because someone is selling his coins and the market can't absorb the excess quantity. This needs a new buyer to pull the price up, with the popularity of bitcoin this will attract new investors as the price is cheaper. So, this is a good opportunity to get bitcoin at cheaper price. |
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Viyamore
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March 17, 2018, 04:55:26 PM |
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I'm still wondering why bitcoin suddenly dropped over 11kUSD. i thought that it will hit 30k usd this year, but how come it's suddenly dropped? i dont think so if its manipulated by whales or maybe the supply and demand of bitcoin is one of the problem . or maybe uts a chance given to us to buy so we can havea good profits. can someone explain?
The price drops because someone is selling his coins and the market can't absorb the excess quantity. This needs a new buyer to pull the price up, with the popularity of bitcoin this will attract new investors as the price is cheaper. So, this is a good opportunity to get bitcoin at cheaper price. I think another thing we should consider as reason why bitcoin price is going downward is the stagnant movement of it. Well we know that it is really a currency. But due to greediness of some people, they tend to just hold and keep the crypto not realizing that it may be a reason why the value does not go up. |
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JCO05
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March 17, 2018, 05:20:32 PM |
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I'm still wondering why bitcoin suddenly dropped over 11kUSD. i thought that it will hit 30k usd this year, but how come it's suddenly dropped? i dont think so if its manipulated by whales or maybe the supply and demand of bitcoin is one of the problem . or maybe uts a chance given to us to buy so we can havea good profits. can someone explain?
I do believe that it will because in the first place, crashes are just temporary and eventually, it will recover. It dropped because of the demand in the market which was highly affected by the issues on different countries regarding with issues of legalization. So since at this moment its market price is still low, investing and holding would be both wise idea. Patience is the key so keep in mind that there's nothing to be worried of. |
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ostrogoto2012
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March 18, 2018, 10:27:21 AM |
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i can see lot speculations on btc market , bitcoin is crashing because in any case some one make profit while btc crashing and when btc is in a raise mode.
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Ararbermas
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March 18, 2018, 01:22:14 PM |
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Actually mate the bull trend always happened after the bear tren and perhaps it takes more time before it start to bullish ., maybe not now but there's a potential always, 'cause indeed when there's a panic selling there is a panic buying also in the market when the price become cheap or affordable .so don't worry and keep calm give some patience on it and wait until the growth rate increase again.
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Sony.UK
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March 18, 2018, 02:46:22 PM |
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I'm still wondering why bitcoin suddenly dropped over 11kUSD. i thought that it will hit 30k usd this year, but how come it's suddenly dropped? i dont think so if its manipulated by whales or maybe the supply and demand of bitcoin is one of the problem . or maybe uts a chance given to us to buy so we can havea good profits. can someone explain?
Looking at the ratio in CMC, there was a hike of around 2000% in December 2017 compared to January 2017. Taking minimum 500 percentage hike into account, we may hit around $40K this year in December 2018. If not at least we would have value of $25K. Lets hope for it. Compared to January 2017, we are at a good stage this January. So no need to worry about. We are towards a good growth. The growth may start from July. Experts predict it. |
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selline
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March 18, 2018, 10:34:31 PM |
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bitcoin indeed we cannot predict in any way because we know at this time was at the point of bitcoin weakened so that the many users of the bitcoin became disenchanted and weak at this time because of the bitcoin position numbers are shockingly low $7 k but This is a good time to buy some of the bitcoin so when bitcoin rise again then we will gain great benefits. I am sure at the beginning of april the bitcoin will again rise again until the number of $15 k. I'm sure this will happen in the bitcoin
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minersday
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March 18, 2018, 11:11:47 PM |
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i can see lot speculations on btc market , bitcoin is crashing because in any case some one make profit while btc crashing and when btc is in a raise mode.
A crash? there is not a crash on the market at the moment, you really need to see what is really happening instead of posting random stuff. The price will go up in some time, and we do not have to be masterminds to disclose that.. |
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PX-Z
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March 19, 2018, 08:40:51 AM |
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I'm still wondering why bitcoin suddenly dropped over 11kUSD. i thought that it will hit 30k usd this year, but how come it's suddenly dropped? i dont think so if its manipulated by whales or maybe the supply and demand of bitcoin is one of the problem . or maybe uts a chance given to us to buy so we can havea good profits. can someone explain?
It's to early to lose hope with bitcoin, this sudden dropped of bitcoin is just a normal flow of its price. Because we all know that bitcoin has a high volatility that makes it pump and dump of its price at an unexpected time. And no one knows what will actually happen to it's market value because of it's unpredictable characteristics, that makes it so risky. |
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nl247
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March 19, 2018, 08:59:23 AM |
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I'm still wondering why bitcoin suddenly dropped over 11kUSD. i thought that it will hit 30k usd this year, but how come it's suddenly dropped? i dont think so if its manipulated by whales or maybe the supply and demand of bitcoin is one of the problem . or maybe uts a chance given to us to buy so we can havea good profits. can someone explain?
The price drops because someone is selling his coins and the market can't absorb the excess quantity. This needs a new buyer to pull the price up, with the popularity of bitcoin this will attract new investors as the price is cheaper. So, this is a good opportunity to get bitcoin at cheaper price. I think another thing we should consider as reason why bitcoin price is going downward is the stagnant movement of it. Well we know that it is really a currency. But due to greediness of some people, they tend to just hold and keep the crypto not realizing that it may be a reason why the value does not go up. What we have now is not stagnancy and even if the market has been a bit stable without much movement, that is not a problem, but the fact remains that we are currently in a downtrend and every trader is trying to be careful before even stepping in with the whole FUD, most especially about regulation. Also, everything you have based your conclusion on is unreasonable, because holding your asset is not greed and cannot affect the market negatively, and in fact everything pulling the market now down is huge supply and less demand. So, you should even be thankful to those holding presently, because if they are not and every one keeps selling, I am sure you would not even be saying this. If demand kicks in more than supply, the value will go up and that is just as simple as it sounds bro. |
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jemarie20
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Activity: 434
Merit: 10
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March 19, 2018, 09:02:00 AM |
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Based on what I read before no one can predict what will happen in the price of bitcoin because no one can control bitcoin, but in terms of price you must to claim that bitcoin price will rise again but no one can knows when it will happen.
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putrisa
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March 19, 2018, 11:26:46 AM |
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I'm still wondering why bitcoin suddenly dropped over 11kUSD. i thought that it will hit 30k usd this year, but how come it's suddenly dropped? i dont think so if its manipulated by whales or maybe the supply and demand of bitcoin is one of the problem . or maybe uts a chance given to us to buy so we can havea good profits. can someone explain?
bitcoin will rise again seems to need good news to trigger a rise in bitcoin prices because without any good news it is certain bitcoin will be difficult to ride, I think the bitcoin slippage at this time can only be influenced by news about cryptocurrency. |
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m1c0
Jr. Member
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Activity: 148
Merit: 3
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March 19, 2018, 12:50:32 PM |
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Hopefully bitcoin will now start to rise again. Maybe the price will drop again to about $7000 but that should have been it in my opinion.
I'm very bullish about the next months and I think we're going to attack the ath of $20k this year.
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lelahkenabanned
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Activity: 329
Merit: 10
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March 19, 2018, 02:00:15 PM |
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I'm still wondering why bitcoin suddenly dropped over 11kUSD. i thought that it will hit 30k usd this year, but how come it's suddenly dropped? i dont think so if its manipulated by whales or maybe the supply and demand of bitcoin is one of the problem . or maybe uts a chance given to us to buy so we can havea good profits. can someone explain?
it seems like there is good news from cryptocurrency and this can make the price go up so do not be afraid and do not panic or sell easily when panic because it can make you lose. |
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Clark05
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March 19, 2018, 02:28:27 PM
Last edit: March 25, 2018, 03:51:08 AM by Clark05 |
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The price of the bitcoin as of now increasing again this is the best time to buy because they have high percentage the price will increase again and maybe back again to 10k dollars this day because at this moment is $8500 . After the dump price for sure the next will be pumping the price. So the better you do right now is to buy bitcoin so you can earn enough profit.
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wuvdoll
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Activity: 1442
Merit: 1025
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March 20, 2018, 06:39:50 AM |
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I'm still wondering why bitcoin suddenly dropped over 11kUSD. i thought that it will hit 30k usd this year, but how come it's suddenly dropped? i dont think so if its manipulated by whales or maybe the supply and demand of bitcoin is one of the problem . or maybe uts a chance given to us to buy so we can havea good profits. can someone explain?
The price drops because someone is selling his coins and the market can't absorb the excess quantity. This needs a new buyer to pull the price up, with the popularity of bitcoin this will attract new investors as the price is cheaper. So, this is a good opportunity to get bitcoin at cheaper price. I think another thing we should consider as reason why bitcoin price is going downward is the stagnant movement of it. Well we know that it is really a currency. But due to greediness of some people, they tend to just hold and keep the crypto not realizing that it may be a reason why the value does not go up. That is not even a reason at all. Do you even understand anything about market and economics in general? How does holding one's asset contribute to the reduction in value ? So what do you want everyone to be doing? Selling their assets and then expecting the price to keep increasing ? You are really funny! It is a sell pressure that determines the downtrend in the market and the buy pressure that determines the uptrend and if one is higher than the other, you should expect exactly just that. |
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Ahiaba
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March 20, 2018, 07:05:19 AM |
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I'm still wondering why bitcoin suddenly dropped over 11kUSD. i thought that it will hit 30k usd this year, but how come it's suddenly dropped? i dont think so if its manipulated by whales or maybe the supply and demand of bitcoin is one of the problem . or maybe uts a chance given to us to buy so we can havea good profits. can someone explain?
I don't think there is any for you to wonder much about the sudden decline in Bitcoin market value because it is a normal market fluctuations which is inevitable in the crypto currency market. The projection for Bitcoin reaching $30,000 is not out of place yet as there is full hope that we will soon enter boom arena and all who invested at the current rate will start counting their profit. |
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yonjitsu
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Activity: 476
Merit: 100
www.daxico.com
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March 20, 2018, 08:09:23 AM |
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Bitcoin is starting to recover from a crash recently but that's not a guarantee it will continue for long because of its price volatility too. It's already expected that its price can rise high or can fall so low.
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ngacengan
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March 20, 2018, 08:39:49 AM |
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I'm still wondering why bitcoin suddenly dropped over 11kUSD. i thought that it will hit 30k usd this year, but how come it's suddenly dropped? i dont think so if its manipulated by whales or maybe the supply and demand of bitcoin is one of the problem . or maybe uts a chance given to us to buy so we can havea good profits. can someone explain?
yes of course bitcoin prices will soon rise again do not be afraid because the price is not always below and not only that the condition of total supply bitcoin that is currently too thinning to make the price will also rise more expensive because bitcoin has a very high demand. |
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Ewox
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March 20, 2018, 09:58:10 AM |
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It’s still the first quarter of the year, there is still a lot of room for bitcoin to rise back up again and recover. And there was no assurance of bitcoin going to $30k yet, it is only a speculation so don’t get all giddy when you hear or read about cryptocoins reaching a certain amount, we’ll never know what will happen the next month you know.
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