|
bohr
|
 |
April 24, 2018, 10:07:27 PM |
|
Why Bitcoin came so low in 2018 january to march
All the guess people were saying that Bitcoin would touch 25k$ but why did not it happen ?
Don't be so quick, bitcoin hit the all time high earlier than we are expecting. And about the $25,000 there are even people who are saying that it would touch $40,000 before this year ends. It's not yet happening because it's too early to assume that it will happen. The year isn't ending yet so give it some chance to let it happen. So this day after touch back $7,000 it was around $6,900 again but it isn't that much so I hope everything's going to be fine soon. While the year is still young I think we can make some assumptions of what it's going to happen, I really do not see this year hitting any kind of new all time high, in my opinion we are going to be very lucky if we get even close to it, there are many signals that the price is not going to move much and if anything there is still the potential for the price to go down a little bit more. Government does not consider bitcoin's legal tender, other countries banning bitcoin, exiting of Britain from European Union, media influence and other factors have a great effect on bitcoin's fall and the decrease in value. It triggers the credibility of others to trust bitcoin. But I think it won't stay down forever, though it may take time for its recovery, it may be down now but for sure it will soar high again, if we keep bitcoin's veracity high and strong. The price of bitcoin will not stay down forever in fact it seems that is slowly recovering right now, and that is a good thing but even with this small recovery I still do not see bitcoin reaching the previous all time high in this year, in my opinion we still need more time to recover not only from the great crash in the price of bitcoin, we also need to recover psychologically and that is not going to happen so soon. |
|
|
|
|
|
|
|
|
|
|
|
Bitcoin addresses contain a checksum, so it is very unlikely that mistyping an address will cause you to lose money.
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
|
|
chickenado
|
|
April 24, 2018, 11:28:34 PM |
|
Why Bitcoin came so low in 2018 january to march
All the guess people were saying that Bitcoin would touch 25k$ but why did not it happen ?
Don't be so quick, bitcoin hit the all time high earlier than we are expecting. And about the $25,000 there are even people who are saying that it would touch $40,000 before this year ends. It's not yet happening because it's too early to assume that it will happen. The year isn't ending yet so give it some chance to let it happen. So this day after touch back $7,000 it was around $6,900 again but it isn't that much so I hope everything's going to be fine soon. While the year is still young I think we can make some assumptions of what it's going to happen, I really do not see this year hitting any kind of new all time high, in my opinion we are going to be very lucky if we get even close to it, there are many signals that the price is not going to move much and if anything there is still the potential for the price to go down a little bit more. Government does not consider bitcoin's legal tender, other countries banning bitcoin, exiting of Britain from European Union, media influence and other factors have a great effect on bitcoin's fall and the decrease in value. It triggers the credibility of others to trust bitcoin. But I think it won't stay down forever, though it may take time for its recovery, it may be down now but for sure it will soar high again, if we keep bitcoin's veracity high and strong. The price of bitcoin will not stay down forever in fact it seems that is slowly recovering right now, and that is a good thing but even with this small recovery I still do not see bitcoin reaching the previous all time high in this year, in my opinion we still need more time to recover not only from the great crash in the price of bitcoin, we also need to recover psychologically and that is not going to happen so soon. Don't over think about it it's just it always need rest. When it is time for bitcoin to power up,it will eventually goes high and a stable movement flows with it. Slow recovery is still good though because that means people are trying to build it up and have many hopes on it. And,yes patience is a virtue so we have to be calm and let's wait for the full recovery soon. |
|
|
|
|
Epimetheus
Legendary
 Offline
Activity: 1120
Merit: 1000
|
|
April 26, 2018, 06:59:57 PM |
|
Bitcoin has a comparable price with gold but in recent some years their is a instability came into its price  . There are many factors which justify downfall of Bitcoin. Many government ban bitcoin in their country due to some economic and financial problems. Decentralized nature of Bitcoin indirectly the reasons of its own downfall. Due to absence of central authority their is a highly uncontrollable situation of distribution and production of Bitcoin occur.Due Volatile nature Bitcoin lost the Trust of many investors and this thing affect the market value of Bitcoin.  |
|
|
|
|
|
arpon11
|
|
April 26, 2018, 07:45:31 PM |
|
Why Bitcoin came so low in 2018 january to march
All the guess people were saying that Bitcoin would touch 25k$ but why did not it happen ?
There was a fud that push bitcoin overboard and that has followed by a huge corrections from January till date. We are having a very serious moments in the history of cryptocurrencies and this moments is going to last till end of this second quarter. The regulations laws has also contributed to the fall of bitcoin and some of the whales are dumping out of fear. |
|
|
|
|
yonjitsu
Full Member
Offline
Activity: 476
Merit: 100
www.daxico.com
|
|
April 27, 2018, 07:22:05 AM |
|
Bitcoin is so down because of people who have lost interest on bitcoin. That means the demand of the people is getting low, people are selling off their crypto assets when the price are getting low, whales are are selling their voluminous holdings too so as to scare off small time investors and probably force them to sell theirs too so they (whales) can buy again at a lower price.
|
|
|
|
naidray
Legendary
Offline
Activity: 1232
Merit: 1029
|
|
April 28, 2018, 12:21:08 PM |
|
Bitcoin is so down because of people who have lost interest on bitcoin. That means the demand of the people is getting low, people are selling off their crypto assets when the price are getting low, whales are are selling their voluminous holdings too so as to scare off small time investors and probably force them to sell theirs too so they (whales) can buy again at a lower price.
Very funny.. lol. Who lost interest in bitcoin ? You ? No one has lost interest in bitcoin and in fact, at this dip is even when the smart ones are getting even more interested. What else would we have expected from a market driven by people who were trying to make quick bucks and get rich overnight ? Speculation driven market always result into FUD when the market is being blown away by negative news and only those who are no longer interested are the weak hands as the strong ones are still in the game. |
|
|
|
|
|
pluMmet
|
|
April 28, 2018, 12:26:53 PM |
|
Perhaps because of the competition between the digital currency is or perhaps because of the user on the wane a factor declined his value bitcoin, but if I look like users bitcoin even more then maybe factor that makes sense is competition between the digital currency
|
|
|
|
|
Tigorss
Member
Offline
Activity: 308
Merit: 10
|
|
April 28, 2018, 02:47:54 PM |
|
Earlier this week, authorities in China reportedly planned to block domestic access to Chinese and foreign virtual currency platforms that allowed trade to be centralized. that's what keeps the price down.
|
|
|
|
|
wuvdoll
Legendary
Offline
Activity: 1442
Merit: 1025
|
|
April 30, 2018, 01:52:22 PM |
|
Bitcoin has a comparable price with gold but in recent some years their is a instability came into its price . There are many factors which justify downfall of Bitcoin. Many government ban bitcoin in their country due to some economic and financial problems. Decentralized nature of Bitcoin indirectly the reasons of its own downfall. Due to absence of central authority their is a highly uncontrollable situation of distribution and production of Bitcoin occur.Due Volatile nature Bitcoin lost the Trust of many investors and this thing affect the market value of Bitcoin. Asides from all these, it is normal for a market to get corrected after a long phase of greed that nothing obviously warranted the huge spike in the price of bitcoin. Also, there is really no market that does not at some point have some little bit of downtrend and it is a normal thing to witness which is the same thing we have gotten to see with bitcoin. Any market can be down and at any point can go up which is the reason it is called a market, since it is based on supply and demand, as well as related to news and speculations. |
|
|
|
|
gilangIDR
Legendary
Offline
Activity: 1526
Merit: 1001
|
|
April 30, 2018, 02:32:24 PM |
|
Earlier this week, authorities in China reportedly planned to block domestic access to Chinese and foreign virtual currency platforms that allowed trade to be centralized. that's what keeps the price down.
But I see that now tends to be a pretty good upward trend, bitcoin prices have positive sentiment and price movements of bitcoin and altcoin also rise. For me this is a positive thing because these months bitcoin prices rarely increase. So it can be said this is the beginning to achieve a much better value. The growing confidence of the public as well as the ever-increasing volume of transactions has meant that bitcoin is increasingly in demand and attracts many new users. |
|
|
|
|
|
eann014
|
|
April 30, 2018, 02:52:22 PM |
|
Why Bitcoin came so low in 2018 january to march
All the guess people were saying that Bitcoin would touch 25k$ but why did not it happen ?
It is always happening, bitcoin price is always decreasing especially when it is 1st quarter of the year, we all don't know exactly what is the main reason for that but I am sure that bitcoin will still recover after the big hit last year which is $20k, I guess bitcoin will still touch that amount this year. |
|
|
|
|
slyfox
Member
Offline
Activity: 350
Merit: 10
|
|
May 01, 2018, 01:50:30 AM |
|
Why Bitcoin came so low in 2018 january to march
All the guess people were saying that Bitcoin would touch 25k$ but why did not it happen ?
We were in the middle of a bubble, it is that simple some people predicted that we will reach 50000 or 100000 but that didn't happen because there was not a reason for that to happen, you need to understand that the market is not going to do what we want it to do, the market is going to move freely and you are the one that needs to adapt to it if you don't you lose money. |
|
|
|
|
hybie22
Member
Offline
Activity: 127
Merit: 10
|
|
May 01, 2018, 02:45:33 AM |
|
because of that Tax that happened in the united state, but we do not have to worry about it because the tax payable to the co-founder of the investors, is true because bitcoin's value will continue to grow and you will continue to grow in the future.
|
|
|
|
|
Kemarit
Legendary
Offline
Activity: 3080
Merit: 1353
|
|
May 01, 2018, 03:33:23 AM |
|
Why Bitcoin came so low in 2018 january to march
All the guess people were saying that Bitcoin would touch 25k$ but why did not it happen ?
It is always happening, bitcoin price is always decreasing especially when it is 1st quarter of the year, we all don't know exactly what is the main reason for that but I am sure that bitcoin will still recover after the big hit last year which is $20k, I guess bitcoin will still touch that amount this year. Too early to say if we are going to even touch $20000 at the end of the year. Although I'm very bullish about bitcoin, I wouldn't too much weight on another all-time-high. Stressing too much about a new high sometimes is not good because we set our expectations too high. And if it's not met, you will be disappointed and might think of just dumping everything and get out of the ecosystem. Earlier this week, authorities in China reportedly planned to block domestic access to Chinese and foreign virtual currency platforms that allowed trade to be centralized. that's what keeps the price down.
But I see that now tends to be a pretty good upward trend, bitcoin prices have positive sentiment and price movements of bitcoin and altcoin also rise. For me this is a positive thing because these months bitcoin prices rarely increase. So it can be said this is the beginning to achieve a much better value. The growing confidence of the public as well as the ever-increasing volume of transactions has meant that bitcoin is increasingly in demand and attracts many new users. Yes, last couple of weeks was good for the market. Although we past $9000 with flying colors, it seems that we are having a hard time getting the $10000 mental barrier, Just today, the whole market turns red again, bitcoin slightly below $9000 again. I thought that we are already on the tail end of the bearish trend, but the bears seems to claw back. Anyways, this is just another test, and I'm sure that in the next coming weeks we will go back to the 5 digits again ($10000). |
|
|
|
ayiaye
Jr. Member
Offline
Activity: 170
Merit: 1
|
|
May 01, 2018, 04:15:36 PM |
|
very much the cause of the decline in bitcoin prices, in the last months, bitcoin many attacked with bad or negative news. such as one of them is, facebook and google which prohibits the advertisement of cryptocurrency. this causes bitcoin prices to drop.
but do not worry, because bitcoin prices are now recovering, and are gradually improving. this is because there is positive news, that is because G20 or global regulation.
and I'm sure, bitcoin prices at the end of the year now, will again soar like last year, where bitcoin prices soared at the end of 2017.
|
|
|
|
|
MintCondition
Legendary
Offline
Activity: 1147
Merit: 1007
|
|
May 01, 2018, 07:21:38 PM |
|
Earlier this week, authorities in China reportedly planned to block domestic access to Chinese and foreign virtual currency platforms that allowed trade to be centralized. that's what keeps the price down.
But I see that now tends to be a pretty good upward trend, bitcoin prices have positive sentiment and price movements of bitcoin and altcoin also rise. For me this is a positive thing because these months bitcoin prices rarely increase. So it can be said this is the beginning to achieve a much better value. The growing confidence of the public as well as the ever-increasing volume of transactions has meant that bitcoin is increasingly in demand and attracts many new users. It have now at least a immunity in all the banning that China plans 😂 as I remember China contributes on the reason why BTC decrease in value this year, now its good to know that BTC didn't affect much even they announced crypto related news. |
|
|
|
10000cr (OP)
Newbie
Offline
Activity: 98
Merit: 0
|
|
May 02, 2018, 07:33:07 AM |
|
Why Bitcoin came so low in 2018 january to march
All the guess people were saying that Bitcoin would touch 25k$ but why did not it happen ?
Because it's normal market cycle condition. March was always a bad period for crypto if you track the history. It will come to 25k$ this year or next year doesn't matter. The only thing which matters is whether you believe in crypto economy or no. Whether you with crypto community or you are "regular folk" Your response is very accurate and you are a very relaxed person, thank you and hope we all will learn a lot from Crypto Market and earn money Thank you. |
|
|
|
|
ayiaye
Jr. Member
Offline
Activity: 170
Merit: 1
|
|
May 02, 2018, 04:21:30 PM |
|
if you are sure full of bitcoin, then you will not worry about falling bitcoin prices. because the fall of bitcoin prices, is a condition of the normal market cycle. bitcoin prices are always unstable and changing. depending on how the news about bitcoin. if there is positive news, then bitcoin price will be high, and vice versa, if there is negative news, then bitcoin price will decrease.
but do not worry, I'm sure, by the end of this year, bitcoin prices will rise again, as at the end of 2017. because a few weeks ago, there was positive G20 news, this is a bright spot for bitcoin and for us to continue to believe it.
|
|
|
|
|
KorakPawon
Member
Offline
Activity: 350
Merit: 11
|
|
May 02, 2018, 04:57:45 PM |
|
Why Bitcoin came so low in 2018 january to march
All the guess people were saying that Bitcoin would touch 25k$ but why did not it happen ?
the number of new digital currencies that make bitcoin volatility decline, and choose to move to other currencies so that bitcoin market becomes down and it affects the price. |
|
|
|
|
Greenkarki
Member
Offline
Activity: 420
Merit: 19
|
|
May 02, 2018, 08:41:03 PM |
|
The fluctuations of price is common in the cryptoworld. Last year the price of bitcoin would hit very high and it would create a record in the crypto market. Like that this year also it will reach $25k by the end of this year. Due to not sufficient supply of bitcoin the price would have been decrease very badly. But compare to older days now the price would be better. The prices of bitcoin is always not stable.
|
|
|
|
|
