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Author Topic: More Crash, DIP Is Good for BTC  (Read 260 times)
onnz423
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April 07, 2018, 08:05:47 PM
 #21

I have never understood people who say the price dropping means more people can get involved.... How exactly? You do realize that Bitcoin can be bought in fraction right? e.g. 10,000 satoshi, 20 mBTC or some other fraction.

If somebody wanted to buy $400 of BTC, they can do so, the only thing that changes is the amount of BTC they get, the value of that BTC will still be $400 at the time of purchase.

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JanpriX
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April 07, 2018, 08:14:12 PM
 #22

More crash is good for BTC market, it mean more people will join in the game and BTC peak Price will be increased by end of the year.
So simply = BTC need to get More Crash in this year to make everyone happy by end of the year.
wht do u think?

Well, if you put it that way, that makes some sense. Sudden crashes like the ones that we have this year put those newbies who just got in crypto (with no idea at all about it) into a panic mode and they often sell their holdings at a loss. This provide could buying opportunity for those people who didn't get the chance to buy BTC when its price is climbing up. People around me are now thinking of entering the market because of how cheap it is now compared to what we have in December last year.

BTC can gather all the steam it needed for another huge bull run this year because of the corrections that it is having right now.
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April 07, 2018, 09:19:45 PM
 #23

More crash is good for BTC market, it mean more people will join in the game and BTC peak Price will be increased by end of the year.
So simply = BTC need to get More Crash in this year to make everyone happy by end of the year.
wht do u think?

Yes, more crash is good for the bitcoin market but see that it is not the highest supply region where the panicking rate is very high. Right now the crash which we are seeing is not because of any high amount of supply it is because of the last leg of the crash wave which is often seen at the end of the trend. I can see that right now the panic crash is just a short-term one and we are soon going to see a good bullish rally because of which we can see the new uptrend to start soon.

Indeed. And since there is a high panic going on around, holders with weak hands selling their coins in fear, thus affecting the price value of market and allowing it to sink even more. The continues price drop will make the whales who have been in the business for so long very much happy but not the other investors who wants to venture in cryptocurrency. They will hesitate to invest since the value is continuously dropping. They will fear that they will lose their money instead of earn profit. This thinking, of course will be the cause of the death of bitcoin. The continues dip in price without anyone investing anymore.
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April 25, 2018, 01:47:00 PM
 #24

No,  the crashing of marlet value in bitcoins and having a big dip is not good in the company. 
Actually it is bad for the company because of the loss they will incurred. I think you should not believe on this because this is not true and this thing will deceive you.
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July 02, 2018, 03:48:34 PM
 #25

 Wink Wink It is true that, More crash is good for BTC market, it mean more people will join in the game and BTC peak Price will be increased by end of the year.  I also think this.  Wink Wink
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July 02, 2018, 04:17:05 PM
 #26

This is no formula for increasing market cap of Bitcoin, as if you think market crash will welcome more users then you are totally wrong. Bitcoin can only attract more users when it will make unbeatable growth. DIP is never good for Bitcoin as it creates a situation of panic among people who are newbie and want to make future in Bitcoin, hence DIP is never good for Bitcoin.

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July 02, 2018, 04:32:31 PM
 #27

When prices go down for a week or two maybe people can still be patient but when prices keep falling for 3 or 4 months, people will start to panic and try to sell their bitcoin. And I think everyone should be ready in this condition, before they enter the crypto world and say that they will be fine even though they will lose.
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