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Is bitcoin fever coming back?
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Topic: Is bitcoin fever coming back? (Read 3847 times)
BlackRacerX
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Activity: 462
Merit: 102
Re: Is bitcoin fever coming back?
August 14, 2018, 02:57:53 PM
#401
Quote from: VCX_Coin on April 11, 2018, 10:30:00 AM
After its skyrocket increase, hitting $20,000/BTC in the late months of 2017, this cryptocurrency responded to the excitement of investors with a disappointing fall in the first months of the new year.
Bitcoin has yet been able to recover 50% of its peak as the Crypto market is still fluctuating. Bitcoin value has fallen below $ 7,000, recorded on 2nd April. The whole market is sunk in red.
Kyle Salmani, the founder of crypto-currency fund Multicoin Capital, which manages $50 million (41 million euros) of private cash, said: "This is a healthy correction after an exuberant 2017." However, Kyle Salman does not bet on Bitcoin's return.
In another perspective, Jordan Hiscott, investment manager at the Ayondo Markets online platform, added: "certainly the halcyon days of performance gains from 2017 seem long gone."
According to Coinmarketcap, Bitcoin makes up only 40% of trading volume in the Crypto Market Exchanges while the number was up to 80% just a few months ago. The keyword “Bitcoin” also has a low weekly number of Google search.
Bitcoin market will continue to fluctuate based on investor sentiment
"I wouldn't be surprised to see prices fall to $5,000 from here or go back above $10,000," said Craig Erlam, an analyst online currency trading platform Oanda. The majority of Bitcoin holders still keep their faith and are hoping for a dramatic change in Cryptocurrency market
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VCXLending
Meh, I don't think so. Too early to tell if bitcoins will come back this time around. But it's enticing to buy though. Bitcoin pricing today are down right cheap again at $6,000 and it'll probably trail on and stay there for a long time again around 3 more months. Hopefully we see growth on September.
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Devawnm367
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Re: Is bitcoin fever coming back?
August 14, 2018, 09:12:03 PM
#402
Well baxk in April you called this bitcoin is currently around the $5900 dollar range. It is about to come back alot of people were stupid and bought at 20k. Btc is currently 75%off from its original ATH. I see a substantial price increase in the next couple of months
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CaptainCaptcha
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Re: Is bitcoin fever coming back?
August 14, 2018, 11:12:46 PM
#403
Well, right now bitcoin has drop significantly, it is around 6K usd while it was at 8K usd just a few weeks ago, and it is still going strong, according to the comments of most people, they still think that bitcoin will close the year around 20K usd or something like that.
Kasabus
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Re: Is bitcoin fever coming back?
August 14, 2018, 11:22:45 PM
#404
Quote from: CaptainCaptcha on August 14, 2018, 11:12:46 PM
Well, right now bitcoin has drop significantly, it is around 6K usd while it was at 8K usd just a few weeks ago, and it is still going strong, according to the comments of most people, they still think that bitcoin will close the year around 20K usd or something like that.
It is quite impossible to reach such amount knowing that how much it's growth percentage daily not unless if we never experience dump anymore starting today. It's a long way back to $20k and we are still struggling for huge decline. Maybe isn't the time to dream like that and I'm satisfied if it could even reach into $10k before year end.
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Denreal
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Re: Is bitcoin fever coming back?
August 14, 2018, 11:23:05 PM
#405
It is already affecting so many people. I think you should check the twitter to see different reactions to the present situation of the market.
geyayy
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Re: Is bitcoin fever coming back?
August 14, 2018, 11:49:51 PM
#406
Bitcoin and all the other altcoins will come back. Everyone I know thinks that Crypto will gain back its high value later this year or early next year. Many are expecting that it will do so because the investments and ICO projects are continuing good in the market and if this continue, it is a good sign that cryptocurrency is not dead and will gain back its value in no time.
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camuszpride
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Re: Is bitcoin fever coming back?
August 15, 2018, 12:14:25 AM
#407
It really bother many personality in crypto community when it comes to bitcoin status this past few months. But I knew that everything has its own reason why it gets dump. Some say that August is a ghost month and Q4 will be the final judgement. I still have faith that before end of the year we'll get back on track.
jeffbitcoin2018
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Re: Is bitcoin fever coming back?
August 15, 2018, 12:20:13 AM
#408
Quote from: VCX_Coin on April 11, 2018, 10:30:00 AM
After its skyrocket increase, hitting $20,000/BTC in the late months of 2017, this cryptocurrency responded to the excitement of investors with a disappointing fall in the first months of the new year.
Bitcoin has yet been able to recover 50% of its peak as the Crypto market is still fluctuating. Bitcoin value has fallen below $ 7,000, recorded on 2nd April. The whole market is sunk in red.
Kyle Salmani, the founder of crypto-currency fund Multicoin Capital, which manages $50 million (41 million euros) of private cash, said: "This is a healthy correction after an exuberant 2017." However, Kyle Salman does not bet on Bitcoin's return.
In another perspective, Jordan Hiscott, investment manager at the Ayondo Markets online platform, added: "certainly the halcyon days of performance gains from 2017 seem long gone."
According to Coinmarketcap, Bitcoin makes up only 40% of trading volume in the Crypto Market Exchanges while the number was up to 80% just a few months ago. The keyword “Bitcoin” also has a low weekly number of Google search.
Bitcoin market will continue to fluctuate based on investor sentiment
"I wouldn't be surprised to see prices fall to $5,000 from here or go back above $10,000," said Craig Erlam, an analyst online currency trading platform Oanda. The majority of Bitcoin holders still keep their faith and are hoping for a dramatic change in Cryptocurrency market
#
VCX
#
VCXCOIN
#
VCXLending
yeah i believe that bitcoin fever will back in this coming Ber they all will go to moon and all tokens to!! so lets see and wait special patience too is needed!! always visit trade market and bitcoin price!! and together were going to the moon!!!
Vladique
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Re: Is bitcoin fever coming back?
August 15, 2018, 03:03:33 AM
#409
bitcoin will regain its position is a fact, it's only a matter of time when this happens. The sphere of crypto-currencies develops in large steps, which means that soon we will see great growth and this is a fact
aumusxou
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Re: Is bitcoin fever coming back?
August 15, 2018, 05:12:21 AM
#410
It seems to me that Bitcoin is currently not the best coin for investing because bitcoin continues to dump in price, and the downtrend will not end soon.
Sok Poho
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Re: Is bitcoin fever coming back?
August 15, 2018, 05:34:04 AM
#411
Yes, I am very confident that bitcoin fever will return in time. And everyone around the world I am sure there are still those who do not know about bitcoin. Bitcoin can still develop better and can get even bigger, so in the coming year that bitcoin fever will be more and more famous.
whk0
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Re: Is bitcoin fever coming back?
August 15, 2018, 07:08:19 AM
#412
It will be coming back when btc will reach its best price like it had in the past. There will be a lot of disagreements about this hype and fever at all.
Indai24
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Re: Is bitcoin fever coming back?
August 15, 2018, 07:15:45 AM
#413
Quote from: whk0 on August 15, 2018, 07:08:19 AM
It will be coming back when btc will reach its best price like it had in the past. There will be a lot of disagreements about this hype and fever at all.
It's been awhile since bitcoin lose its value, not totally but it's already behind compared to other cryptos. However bitcoin still has a big possibility to rise and that's what everybody is waiting.
bcoin01
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Re: Is bitcoin fever coming back?
August 15, 2018, 07:25:54 AM
#414
Bitcoin is the strongest coin in the crypto money world.
The crypto market has become so strong thanks to Bitcoin. People have learned the concept of digital money with Bitcoin.
The price of bitcoin will increase in the coming years.
SuperP
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Re: Is bitcoin fever coming back?
August 15, 2018, 07:27:20 AM
#415
Bitcoin is sure to grow by the end of the year and we will see a price of 20,000 dollars because according to the statistics of the bitcoin it is obvious.
toop548
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Re: Is bitcoin fever coming back?
August 15, 2018, 07:29:58 AM
#416
Bitcoin has fallen very sharply in this year's market, and in the recent period, bitcoin prices have fallen sharply. And most of the cryptocurrency prices have fallen a lot.
RokokGudangGaram
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Re: Is bitcoin fever coming back?
August 15, 2018, 07:31:47 AM
#417
of course. and I am sure that it takes a bit of time for bitcoin to experience an extraordinary price, so with the price of bitcoin going down it can be our chance to buy lots of bitcoin for our grip
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wooiuy
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Re: Is bitcoin fever coming back?
August 15, 2018, 07:51:36 AM
#418
Bitcoin has not come back, but the price of bitcoin is now falling more seriously. As bitcoin fell, most cryptocurrency prices also fell very badly. I think we can invest in this market.
Chirs
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Re: Is bitcoin fever coming back?
August 15, 2018, 11:04:00 AM
#419
I'm sure bitcoin fever will come back in the end. bitcoin is still very young and there is still plenty of time for bitcoin to grow. there are still many people who don't know about bitcoin, so it will be time for bitcoin fever and the whole world to know about bitcoin.
Feranhum
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Re: Is bitcoin fever coming back?
August 17, 2018, 06:49:46 AM
#420
Indeed, the fervor will return again in the following bullish development and everybody will overlook this little gloom. Try not to overemphasize the cost and put resources into innovation, its esteem will develop naturally. Bitcoin will return at last. Bitcoin is youthful and there are as yet numerous clients around the globe who have never known about or put resources into Bitcoin.
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