Bitcoin current situation

[Tarikul007]

Hello everyone,

Last couple of month bitcoin price is getting lower dramatically. Worldwide crypto analyst giving speech on this regarding issue. Obviously its a fatal matter for bitcoin holders but i will suggest them to keep patience on bitcoins current circumstances. This year many of the countries start the regulation process for bitcoin and other cryptocurrencies. Russian govt already take decision to transfer their crypto exchanges to Switzerland until regulation process ends in their country. From my thinking i think bitcoin will gain his past track when the regulation process will end one by one in those countries. Worlds financial analysts already said that virtual currencies is going to be the change of paper note. its true that still world financial transaction continuing based on local currency but that day is not too far when Every single financial transaction in the world will be completed using bitcoin or other crypto currencies. Till then lets promote the fame of bitcoin worldwide.

Dear guys i just share my little knowledge on this regarding issue. your advises highly accepted here . Thanks

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[Ori_rahma45]

I don't known what will happen after 21M BTC Exploit all
I think prize for miner is not enough to continues and all miner is stop mining
BTC will die after 2040 

[BitcoVast]

I think down the price is not a bad thing. This is certainly a good thing because you can buy Bitcoin at a cheap price. Maybe for some people who invest their money when Bitcoin still expensive will be very loss. I think bitcoin will not die because in the future we will need virtual money because it will not be possible we use paper money continuously.

[setancredit3]

in my opinion the current price drop is not a very bad thing, but this is certainly a good thing because we will be able to buy Bitcoin at a cheap price now. but there are some people who have invested their money when Bitcoin is still in expensive will be a loss, I think bitcoin will never disappear because in the future many developed countries are starting to use digital currencies today and we will also need virtual money because it is impossible we use banknotes continuously at the time has advanced ....

[Kakmakr]

Now why would the Russian government want to transfer their bitcoins to exchanges in Switzerland, if they are in control of the decision? I did not even know that the Russian government bought bitcoins. <source?>

There will be regulations on Crypto currencies, no matter where you go, and storing bitcoins in exchanges in Switzerland is definitely a very bad idea. If you want to store coins until the regulations is finalized, rather use laminated paper wallets. 

Bitcoins stored on exchanges is not safe and they have the private keys. Paper wallets give you full control over the Private keys.

 

[meritbygrace]

The estimation of bitcoin is floating around its most minimal value purpose of 2018, i think many people are in fear to sell off there bitcoin..But i keep saying bitcoin has a future and it has come to be .

[valendra15]

I am not too familiar with the current btc developments, I know btc has dropped dramatically, maybe the btc glory in 2018 will end? or vice versa next year becomes the highest peak achieved by btc, hopefully btc again reach its highest point again,
I hope other bitcoin miners do not cheat that can make the bitcoin price go down

[Jombrangs]

Bitcoin in our generation pertains a big role in our society,  through the excellence in their services now they have a lots of people that will supports them. 
In bitcoin we can have a bright future which all people want and dream.

[Sid3d]

I can not find the rules for pricing the bitcoin. There seem to be no rules, no matter how much I try to find them. Earning bitcoin is like a game without rules in which there are enough losers and winners.

[kenelmark]

Regulations only matter to bitcoin investment beginners, but doesn't matter to bitcoin investment experts, because they know how to use the privilege of bitcoin which is decentralized and borderless. Blockchain technology is a facility for bitcoin that is belong to no government and can not be stopped. Bitcoin price is based on supply and demand, no rule is applied on it.

[Washball]

Governments will accept cryptocurrencies, but only with regulations. The authorities acknowledge the advantages of cryptocurrencies and should not apply too stringent regulations. The confidence in cryptocurrencies should be build up again, so investors will start buying again. 

[david0ikari]

Well, I am not really worry about regulation. It will happen for the good or not. When you see those news regarding financial institutions, Dimon, Rockefeller, Soros we can guess those regulations will be flexible before mass adoption. People will get use to it at the end

[javadsalehi]

Do not worry about regulations and do not pay attention to some governments that try to ban Cryptocurrencies or regulate it. Bitcoin is not something can be controlled by authorities. Even they can regulate bitcoin, it's good. They are helping those people who use cryptocurrencies in good ways.

[fatirborju]

In my opinion the current bitcoin price reduction is the spirit for all accounts in bitcoin forums to remain optimistic on bitcoin, you should not worry too much about the bitcoin price decline because the demand and supply in international trade is always up and down ...

[angelakrasnova]

Bitcoin now rises very well, but do not rejoice so early, since after a good growth there is an adjustment to fix the level of growth

[avoxosuccesful]

with the regulation @ the moment bitcoin is doing very well.sometime i think we should not put fear in front cause this is the greatest thing that has happen'd in this our generation and we should be lucky to be a part of it,cause lots of people are still floating cause of lack of information.if bitcoin drops defiantly its gonna bounce back. 

[RicardoRicky]

although many tugs of policy are trying to influence the existence of bitcoin I do not think it makes a bitcoin low, the current situation I think is good enough, with circumstances like this provide an opportunity for investment enthusiasts to contribute fully in it, so it becomes a force in the future.

[Romeotom]

In my opinion Low value is not a very bad side.Rather it is a good thing that will give you a good chance. You can now buy a lower price if you want to.I think it's a special advantage to gain in the future.so you would be like this time and your mind.

[Dudeperfect]

We must understand and keep in our mind that Bitcoin is still in the early phase of the development and hence such uncertainty is expected. As far as price is concerned, most of us including big whales and institutional investors are willing to exploit the opportunities and hence their decisions create some sort of turbulence in the market which affects the pricing cycle and newbies suffer from it. I am optimistic about the user growth and utility value of Bitcoin in the coming years but we need to work on some issues like lack of mass maturity.

[coderben]

There will be always rising and falling on Bitcoin. It is a normal thing. After all cryptocurrency market is new and most of the people newly starting to know something about it.

[bitcoinisbest]

Bitcoin now rises very well, but do not rejoice so early, since after a good growth there is an adjustment to fix the level of growth

The real growth I consider should start after 10k as currently it is little recovering and moving towards 9k mark. Once it crosses the 10k we will feel more comfortable as the resistance level will move upwards and seems to create new high during the year.

[melonbtchunter]

I think it is not a bad thing to lower the price of Bitcoin in the current situation. You can purchase Bitcoin at cheap price. People invest in it because they think it is very expensive. I think Bitcoin will never disappear or die. Because future virtual money will be needed. It will soon be used as a banknote.

[Dmitry.Vastov]

Hello everyone,

Last couple of month bitcoin price is getting lower dramatically. Worldwide crypto analyst giving speech on this regarding issue. Obviously its a fatal matter for bitcoin holders but i will suggest them to keep patience on bitcoins current circumstances. This year many of the countries start the regulation process for bitcoin and other cryptocurrencies. Russian govt already take decision to transfer their crypto exchanges to Switzerland until regulation process ends in their country. From my thinking i think bitcoin will gain his past track when the regulation process will end one by one in those countries. Worlds financial analysts already said that virtual currencies is going to be the change of paper note. its true that still world financial transaction continuing based on local currency but that day is not too far when Every single financial transaction in the world will be completed using bitcoin or other crypto currencies. Till then lets promote the fame of bitcoin worldwide.

Dear guys i just share my little knowledge on this regarding issue. your advises highly accepted here . Thanks

In the last couple of months that is from the beginning of the new year 2k18 , the situation of bitcoin is not that much good , the valuation was quite low and even investors were hestitating in investing into bitcoin having fear of their loses but now the current picture is quite good that is in the last week there is inflation of 20% in the bitcoin valuation and now the valuation is still inflating and many economists even believe that in the last of the year it will reach to even 20000$

[fatirborju]

I think the current bitcoin price drop is a natural thing, because in the international market it is following the demand and supply so that if demand and supply go down the bitcoin price will also decrease vice versa, and I think if the bitcoin price is currently down it does not make I am afraid, it will make me more spirit in the bitcoin Because I'm sure the next few months bitcoin prices will increase...

[zhanghoqi5]

Bitcoin will not disappear or be banned because of the supervision of some countries. We all know that many countries now support bitcoin, and BTC is already a legitimate currency in their country.

I think the price drop is just a correction for bitcoin, for the next increase.

[AliMan]

Bitcoin will not disappear or be banned because of the supervision of some countries. We all know that many countries now support bitcoin, and BTC is already a legitimate currency in their country.

I think the price drop is just a correction for bitcoin, for the next increase.

Bitcoin’s value today is way smaller than the following months but it doesn’t mean it will not recover. Even cryptocurrency analysts don’t exactly know what is going on with the price of bitcoin. But one thing is for sure, it will recover because bitcoin has the most number of users and i think this has a relevance to that. Bitcoin will always recover.

[tianok21]

I think down the price is not a bad thing. This is certainly a good thing because you can buy Bitcoin at a cheap price. Maybe for some people who invest their money when Bitcoin still expensive will be very loss. I think bitcoin will not die because in the future we will need virtual money because it will not be possible we use paper money continuously.

I agree with you that once the value of bitcoin goes down it is the good opportunity to buy bitcoin. But if you buy bitcoin on an expensive price of bitcoin and the value fall don't sell your possession instead keep holding and wait to recover again the value of bitcoin until you earn your expected output. Nowadays the value of bitcoin is constantly increasing and possible the price hit to 10,000 USD before the month of May ends.

[RondoAnyar]

the current bitcoin situation is getting better showing significant price movements, this is because today bitcoin is still one of the coins that has a good future and rapid price increases in the next few months.

[elygil2022]

Bitcoin now at around $9,300 is still a bargain, considering that it is expected to break its previous record high of $20,000 by December.

[Ris88]

The situation may be in a stable performance and this is the year of the decline of Bitcoin, but it is my mind that this is a Bitcoin awakening of what everyone expects all along, to build and help the economy in every country and even around the world, and so much news lies out there to drop Bitcoin.

[talkbitcoin]

it is funny to see how everyone is now posting positive replies to this topic and it never got any answers back when it was posted!
this "current" situation that OP is talking about belongs to a month ago and even then it was old news. the trend had reversed by then and it is still on the same reversed pattern rising up slowly!

[fileo]

Everything change! One day if that will happen it will happen no matter what the circumstances are no one can prevent things to come specifically people like crypto. Not impossible that crypto will change sooner the fiat era. As for now you should not worry too much cause what will be will be.

[loismanny88]

Green days are coming, but not yet. In my opinion we will continue trading sideways between 9 and 10k for a few more months before we see a real bull run and new ATH. But no one can predict what btc will do...lets see what happens...exciting times ahead.

[data_teks]

It’s pointless to try to suggest what is going to happen with digital market coins, so don’t  waste your time. That’s why don’t trust people who insist they know what will happen to the price on the certain date.

[lambe45]

Hello everyone,

Last couple of month bitcoin price is getting lower dramatically. Worldwide crypto analyst giving speech on this regarding issue. Obviously its a fatal matter for bitcoin holders but i will suggest them to keep patience on bitcoins current circumstances. This year many of the countries start the regulation process for bitcoin and other cryptocurrencies. Russian govt already take decision to transfer their crypto exchanges to Switzerland until regulation process ends in their country. From my thinking i think bitcoin will gain his past track when the regulation process will end one by one in those countries. Worlds financial analysts already said that virtual currencies is going to be the change of paper note. its true that still world financial transaction continuing based on local currency but that day is not too far when Every single financial transaction in the world will be completed using bitcoin or other crypto currencies. Till then lets promote the fame of bitcoin worldwide.

Dear guys i just share my little knowledge on this regarding issue. your advises highly accepted here . Thanks

when bitcoin has begun to be accepted by many countries, bitcoin with its other altcoins will be a good investment, its price will go up every year, I think so

[camport]

At the moment we are at the beginning of either a big BTC run or a big run for alts. Judging by past alt seasons we can expect BTC's dominance to all to around 25% in the next alt season but that is just a projection. Personally, I hope it is true so I can max out my BTC holdings for when it pumps again

[DilanBrown]

It’s pointless to try to suggest what is going to happen with digital market coins, so don’t  waste your time. That’s why don’t trust people who insist they know what will happen to the price on the certain date.

Absolutely agree. There is no way to determine what will happen.

[bellakrstna]

I think for now bitcoin price is raising up. but dont get happy early. bitcoin price can reach it bottom too because bitcoin is very unstable and we cant predict it in the future.

[yourEvil]

I don't known what will happen after 21M BTC Exploit all
I think prize for miner is not enough to continues and all miner is stop mining
BTC will die after 2040 

This is a serious prediction, but most of those who are somewhat interested in cryptotechnologies are sure that bitcoin will never disappear.

[Samj16]

Last quarter of 2017 btc seems have a down fall of its value. However on my thinking I view it positively. Because those who want to invest in btc they could buy btc on a much lower price. Hoping that this 2018 could be a great year for bitcoin.

[MinerHQ]

Bitcoin will not disappear or be banned because of the supervision of some countries. We all know that many countries now support bitcoin, and BTC is already a legitimate currency in their country.

I think the price drop is just a correction for bitcoin, for the next increase.

It is not just a price correction but a current lot of negative sentiment around crypto market due to government actions against crypto exchanges and restrictions they are trying to bring in crypto trading. These things will not settle so fast so it takes a lot of time. Only people who believe in cryptos and hold them may benefit in the future. I too believe in cryptos so I always buy when markets are down and wait for right time to book profit.

[thevlox]

In my opinion bitcoin a cryptocurrency here will decrease the price, it will continue to grow. And from what I know, I can say that the cost of bitcoin is low. It's not a bad thing, because if we want to buy the bitcoin then we can buy it. Then when the price goes up, then selling can be good for us.

[Kocret02]

Hello everyone,

Last couple of month bitcoin price is getting lower dramatically. Worldwide crypto analyst giving speech on this regarding issue. Obviously its a fatal matter for bitcoin holders but i will suggest them to keep patience on bitcoins current circumstances. This year many of the countries start the regulation process for bitcoin and other cryptocurrencies. Russian govt already take decision to transfer their crypto exchanges to Switzerland until regulation process ends in their country. From my thinking i think bitcoin will gain his past track when the regulation process will end one by one in those countries. Worlds financial analysts already said that virtual currencies is going to be the change of paper note. its true that still world financial transaction continuing based on local currency but that day is not too far when Every single financial transaction in the world will be completed using bitcoin or other crypto currencies. Till then lets promote the fame of bitcoin worldwide.

Dear guys i just share my little knowledge on this regarding issue. your advises highly accepted here . Thanks

the current situation of bitcoin prices has dropped dramatically but I think that is not the case. bitcoin in the future will definitely be one potent coin that has the potential. so I think do not panic when faced with the current bitcoin price that is decreasing.

[somebadger]

well, the current situation is not bad for me, bitcoin is more stable than before and i think that we all know that, there is nothing to be worried about after all. I think that all those downsides are just to prepare ourselves for the next pump

[cryptowonders@20]

I don't known what will happen after 21M BTC Exploit all
I think prize for miner is not enough to continues and all miner is stop mining
BTC will die after 2040 

i think bitcoin technologist will advance technological aspect about btc, now in this they will try their possible best to make sure that btc didn't die after 2040. because if this happen how will the entire world continue using btc although there are other coin which will also replace btc due to it's potentials

[imteaz]

The current situation looks gloomy due to not investing by new investors. After consensus i thought there will be lost of the new investor, but seems i was wrong, the price is going down a bit by bit, seems ppl having a little trust issue.

[bitzizzix]

The state of bitcoin is currently very apprehensive, as it has just gone up a bit now it has fallen back. and hopefully this is the beginning of an increase in bitcoin even though the increase is unpredictable and I'm sure soon the bitcoin will go up.
and is currently given the opportunity for those who want to buy it and keep waiting to ride.

[btc78]

I don't known what will happen after 21M BTC Exploit all
I think prize for miner is not enough to continues and all miner is stop mining
BTC will die after 2040 

Yes we dont know what will happen if all 21 million coins mined because for sure it will take another 100 years before that happens,because the more coins mined the harder it can be.

2040 wasnt enough to mined all the coins so better shut up your mouth and stop talking nonsense

[SUDARMONO]

It's true that for a few months now the price of bitcoin and other cryptocurrencies has decreased, but I think the local money will always be the first in the world.

[icoinvesting]

This is certainly a good thing because you can buy Bitcoin at a cheap price. Maybe for some people who invest their money when Bitcoin still expensive will be very loss.

[neovipno1]

Bitcoin on day as lossing and in it think it is not a global report of the first as previous.

[cryptotrader15]

i think whales are planning to enter the market and that's why they are dumping the whole crypto market to buy at cheaper price and stay in market for longer time

[378budiman]

The current price drop is not a very bad thing, but it is a good thing because we will be able to buy Bitcoin cheaply now.

[tuanvu199x]

Bitcoin prices continue to down. In the next few days there may not be much change

[mybtc1234]

well, the current situation is not bad for me, bitcoin is more stable than before and i think that we all know that, there is nothing to be worried about after all. I think that all those downsides are just to prepare ourselves for the next pump

The value of bitcoin has seen relatively significant losses over the last week, following a period of relative stability hovering above $7,000.

[doodle07]

Bitcoin's current situation right now is just normal to get this low but I am expecting that it will boost by the third quarter of the year. Just be patient and hold it, do not panic hence wait and watch for the time it will be the lowest price and that will be the good time to buy.

[wilburwilbur]

Well as for me the current price of bitcoin is not bad at all when it compares to past few years price
Price may go down potentially but it has the potential to go up higher than last year's price to
So rest easy, take a cup of coffee and patiently wait for it to boom again

[randyjayag3]

Bitcoin is so volatile, we can't predict what will happen, Bitcoin market price falling and rising is a normal thing because of its volatility. In the future, Bitcoin will rise again. It is our time to wait for that.

[Abal Abal]

Hello everyone,

Last couple of month bitcoin price is getting lower dramatically. Worldwide crypto analyst giving speech on this regarding issue. Obviously its a fatal matter for bitcoin holders but i will suggest them to keep patience on bitcoins current circumstances. This year many of the countries start the regulation process for bitcoin and other cryptocurrencies. Russian govt already take decision to transfer their crypto exchanges to Switzerland until regulation process ends in their country. From my thinking i think bitcoin will gain his past track when the regulation process will end one by one in those countries. Worlds financial analysts already said that virtual currencies is going to be the change of paper note. its true that still world financial transaction continuing based on local currency but that day is not too far when Every single financial transaction in the world will be completed using bitcoin or other crypto currencies. Till then lets promote the fame of bitcoin worldwide.

Dear guys i just share my little knowledge on this regarding issue. your advises highly accepted here . Thanks

many opinions are given by bitcoiners related to the state of bitcoin at the moment. including this: https://bitcointalk.org/index.php?topic=3243913.0
but all that is just a prediction. taken from an experience and news circulating.
hopefully a positive prediction will happen.

[NeverSop]

Bitcoin prices are falling, but slightly down. Bitcoins are priced close to $ 8,000. Bitcoin opportunity is decreasing, so the house should buy bitcoin into his wallet for long term investment. Bitcoins are well suited for long-term investment. Believe me, the future of bitcoin will be higher, you will easily earn a profit.

[Thalassadna]

Thank you very much for your sharing. I will pay attention to it, as always believe in this new market.

[Souw33]

Bitcoin is popular not because of its use, but because of its benefits and financial benefits. Many people have become rich due to bitcoin, so more and more people are learning bitcoin because they want to be rich.

[Nilda]

The current situation of bitcoin kind of similar to other currency markets. At $6,500 as I write this comment, it is showing signs of stability than the previous month. Let’s just hope this can be sustained on the way to another record run.

[keycellko]

There's really nothing wrong with regulations. It only means that a country is willing to accept bitcoin provided bitcoin abide by certain rules that may prohibit crime in the country. These regulations help boost the morale of bitcoin to limit it from being used by fraudsters or crimes such as drug and money laundering.

[Jedabucol]

Hopefully BTC again reach its highest point again. I know BTC has dropped dramatically, we should be lucky to be a part of it, because lot of people are still floating information.

[Dukjila]

The current situation of bitcoin kind of similar to other currency markets. At $6,500 as I write this comment, it is showing signs of stability than the previous month. Let’s just hope this can be sustained on the way to another record run.

This is due to the fact that the price of all cryptocurrency depends on the cost Bitcoin.
Bitcoin stability is relative, if 10% at $ 6.5K is stability, then at 15K - 13.5-16.5K (10%) is also stability.

[samcrypto]

There's really nothing wrong with regulations. It only means that a country is willing to accept bitcoin provided bitcoin abide by certain rules that may prohibit crime in the country. These regulations help boost the morale of bitcoin to limit it from being used by fraudsters or crimes such as drug and money laundering.

Regulations is what we need so more investors will come to use confidently, though some people see this thing as a bad thing for cryptocurrency, but as long as the government will support this technology I will support them. The current situation is really in a good position because the market is able to survive so many dump this year.

[dongosquad]

There's really nothing wrong with regulations. It only means that a country is willing to accept bitcoin provided bitcoin abide by certain rules that may prohibit crime in the country. These regulations help boost the morale of bitcoin to limit it from being used by fraudsters or crimes such as drug and money laundering.

You are right, even though the regulation is limited but most governments only prohibit the use of bitcoin as a means of payment. As long as bitcoin is still allowed to be used as an investment tool (although at high risk) it is already quite profitable. Let's make the most of this opportunity.

[cuteboy2016k]

Don't compare the current market situation of bitcoin because bitcoin is very violating asset and there is goo chance to price will rise again in couple of months, so there have great future for bitcoin, Current market situation is so bad for bitcoin and crypto currency also. Bitcoin is very popular and more peoples are buying bitcoin so this is best time to buy bitcoin and keep holding for couple of years,

[jrd2828]

Don't compare the current market situation of bitcoin because bitcoin is very violating asset and there is goo chance to price will rise again in couple of months, so there have great future for bitcoin, Current market situation is so bad for bitcoin and crypto currency also. Bitcoin is very popular and more peoples are buying bitcoin so this is best time to buy bitcoin and keep holding for couple of years,

Bitcoin at this moment still struggle, and its been struggling since the last few months. Bitcoin dramatically down in the market today and as of this moment it has a cheaper value of $6.7k. Really it has poor condition in the market today, but the good thing is many still believe in BTC and its capability to rise again this coming years.

[stayeduptolate]

Hello everyone,

Last couple of month bitcoin price is getting lower dramatically. Worldwide crypto analyst giving speech on this regarding issue. Obviously its a fatal matter for bitcoin holders but i will suggest them to keep patience on bitcoins current circumstances. This year many of the countries start the regulation process for bitcoin and other cryptocurrencies. Russian govt already take decision to transfer their crypto exchanges to Switzerland until regulation process ends in their country. From my thinking i think bitcoin will gain his past track when the regulation process will end one by one in those countries. Worlds financial analysts already said that virtual currencies is going to be the change of paper note. its true that still world financial transaction continuing based on local currency but that day is not too far when Every single financial transaction in the world will be completed using bitcoin or other crypto currencies. Till then lets promote the fame of bitcoin worldwide.

Dear guys i just share my little knowledge on this regarding issue. your advises highly accepted here . Thanks

Bitcoin was introduced in 2008 and since then it has made tremendous progress and has established its existence and proved that it is very sustainable and versatile crypto currency but we all know that good time is not ever permanent and the ups and down are very common in every kind of investment so this time is not going good for bitcoin because the valuation has decreased to very low extent and moreover the number of investors are also decreasing but I believe that this time will be over and bitcoin will shine once again.

[dangkhoasn]

I think this is possible. At present bitcoin prices are still on the rise slightly. Good news for those who are keeping bitcoin 

[Mary Taylor]

After rising to near $10.000, peaking at $ 9,990 on May 5, the world's largest electronic currency witnessed a sharp drop in trading value in the $7.920 area - equivalent to a 20% just for 2 weeks.
However, the BTC is still 10% higher than the $6000 lowest level in 2018.