What's wrong with Bitcoin now?

[BlackPanda]

if the bitcoin price drops because I believe the bitcoin price will increase again. That's why life itself is up and down so I do not doubt either in business or price determination up and down. because in every market price when investing there should be an increase and a fall in prices as a result of market fluctuations so no need to panic

The most important thing is that we do not experience panic because it will only make things worse. Decrease in bitcoin prices should be accompanied by a calm attitude so that the market will not experience panic. Panic will only destroy the market because then it could be the price of Bitcoin continues to decline with uncontrollable. With calmness and patience, the price of Bitcoin can regularly increase and be on a much better path.

[katiecbell]

The wrong about bitcoin now is that there so many users of bitcoin. It is increasing rapidly. Members and investors are growing. The rates of bitcoin is very low. Sometimes, dummy accounts are also made and is increased everyday.

To own bitcoin  is not very is very wrong mate. If someone will buy bitcoin from me, as long as they have the capability of buying even thought that the only name is bitcoin so if it was just a dummy account, it is a not problem.

As long as the demand of people is with the Bitcoin and its support is for the Bitcoin then no power can stop the Bitcoin to grow and gain popularity.

We have seen that even the lowest value of the Bitcoin is 40 times and more than that for other coins is more than the other coins and the fiat currency as well. The market will soon recover as we know and have experience of previous markets in which we have seen its recovery.

[Tungsten-1]

if the bitcoin price drops because I believe the bitcoin price will increase again. That's why life itself is up and down so I do not doubt either in business or price determination up and down. because in every market price when investing there should be an increase and a fall in prices as a result of market fluctuations so no need to panic

We are talking about a currency which survived a lot in difficult situations and this is the success of Bitcoin and is improving with the passage of time. The fall of market value is not permanent and we all know this reality as the market recovers after each fall and this time same will happen. The price yesterday improved from 6.2k dollar to 6.5k dollar today so this will increase as we have observed situations like this many times in the past.

[metallikingz]

There is a lot of fud and the price is more than down because of that, but this is normal and we all were expecting this after all that huge bullrun during the last year

[PX-Z]

Bitcoin has lost almost 15% of its value since two weeks ago. At the peak around Christmas holidays, it was trading at over $19,000.

Bitcoin investors have been predicting that meteoritic rises will commence any day now. But the price has been hovering in the $8,000-$9,000 range with surprisingly low volumes.

One Good Post: why is Bitcoin price stagnant?

What is happening in the Bitcoin world?  What is the near-term price forecast for Bitcoin?

I think the main reason why the price of bitcoin is dumping like this is because of those FUDS that are spreading from those crypto news sites that brings fear to the holders that can cause of panic selling and the most affected is the price of bitcoin.

[laravuemaster]

Bitcoin has lost almost 15% of its value since two weeks ago. At the peak around Christmas holidays, it was trading at over $19,000.

Bitcoin investors have been predicting that meteoritic rises will commence any day now. But the price has been hovering in the $8,000-$9,000 range with surprisingly low volumes.

One Good Post: why is Bitcoin price stagnant?

What is happening in the Bitcoin world?  What is the near-term price forecast for Bitcoin?

Its normal for the prices to decrease or increase today because the market is volatile, just follow the simple rules like buy when low and sell when high in order to avoid losing a huge amount of profit today while the market is dumping.

[olumyd]

Some people still feel that the price is being affected by the futures contracts, I'm also obliged to agree. The sudden slump may have been due to it, and that in turn has caused panic selling.

[ShineftChaos]

Bitcoin has lost almost 15% of its value since two weeks ago. At the peak around Christmas holidays, it was trading at over $19,000.

Bitcoin investors have been predicting that meteoritic rises will commence any day now. But the price has been hovering in the $8,000-$9,000 range with surprisingly low volumes.

One Good Post: why is Bitcoin price stagnant?

What is happening in the Bitcoin world?  What is the near-term price forecast for Bitcoin?

There's nothing wrong about bitcoins or even the entire cryptocurrency in the market but most of the people today are planning to sell their coins and that is the reason why the prices in the market is keep on decreasing more than increasing, maybe there is a fud somewhere that keeps on spreading that makes the price of every cryptocurrency in the market to dump.

[olumyd]

Bitcoin has lost almost 15% of its value since two weeks ago. At the peak around Christmas holidays, it was trading at over $19,000.

Bitcoin investors have been predicting that meteoritic rises will commence any day now. But the price has been hovering in the $8,000-$9,000 range with surprisingly low volumes.

One Good Post: why is Bitcoin price stagnant?

What is happening in the Bitcoin world?  What is the near-term price forecast for Bitcoin?

There's nothing wrong about bitcoins or even the entire cryptocurrency in the market but most of the people today are planning to sell their coins and that is the reason why the prices in the market is keep on decreasing more than increasing, maybe there is a fud somewhere that keeps on spreading that makes the price of every cryptocurrency in the market to dump.

You say there's nothing wrong with the market, with over 1500 cryptocurrencies and still counting, in the market today, with more than half of them not having real world practical application, it makes the market a lot more unstable.

[Bairbe]

All around repeat only about growth, but bitcoin since January everything falls and falls. How can you be so sure of your future growth?

Today's market situation is not new, it has been repeated many times in history. Look at the graph 2013-2017, at the end of 2013, the MTC cost $1122 and after fell to $213, and then until 2017 could not recover, for 2017 - there was an increase to 20K.

There are 2 good news:
- We are now close to the bottom and are bought at sweet prices. Imagine that you are in 2014 and buy out the levels of $300 - $400
- If in 2013-2017 the cue ball took several years to recover, now the correction is much faster.

The fundamental reasons for the growth of the rate above the roof, the rate falls due to speculation-strong players squeeze out the weak. 100 times argued in favor of the fact that the crypt is now waiting for big money and going to give them all the time.

[HatakeKakashi]

Some people still feel that the price is being affected by the futures contracts, I'm also obliged to agree. The sudden slump may have been due to it, and that in turn has caused panic selling.

One of the only wrong this the people who are panic selling their bitcoin if they see only a little decrease price they panic so the price decrease more instead of little only. From normal decrease to dump because they did not control they self to panic self during decreasing price.

[Gadhoh]

This week, The New York Fed president says bitcoin 'doesn't pass the basic test' for a currency. So while I do think the price of bitcoin could climb slowly, I would expect it to be a very bumpy ride.

Expect blips, dips, mini-crashes, and shocking price rises along the way. All which will shock many people, and ensure you see many investors getting extremely emotional and become confused not knowing what to do next.

Beginning in 2018 is indeed a tough start for bitcoin due to strict rules of some countries, such as China which take decisive step on the exchange of bitcoin. The Bamboo Curtain country also oversees the business executives of bitcoin-related companies and this may have impacted until now that prices are declining.

[MiXxe]

All around repeat only about growth, but bitcoin since January everything falls and falls. How can you be so sure of your future growth?

Today's market situation is not new, it has been repeated many times in history. Look at the graph 2013-2017, at the end of 2013, the MTC cost $1122 and after fell to $213, and then until 2017 could not recover, for 2017 - there was an increase to 20K.

There are 2 good news:
- We are now close to the bottom and are bought at sweet prices. Imagine that you are in 2014 and buy out the levels of $300 - $400
- If in 2013-2017 the cue ball took several years to recover, now the correction is much faster.

The fundamental reasons for the growth of the rate above the roof, the rate falls due to speculation-strong players squeeze out the weak. 100 times argued in favor of the fact that the crypt is now waiting for big money and going to give them all the time.

True, all these time, bitcoin had been striggling up and down. It startd with the least velue it could be and was able to reach 20k USD. So it would never be impossible for bitcoin to return and recover. What's happening to bitcoin now is just the effect of its volatility. Otherwise if we always experience good harvest in bitcoin then when it happened that it will go down, all of us will surely cry.

[ruslan4040]

there is a lot of fud on the entire market and we are slowly seeing everything going down and down, but this is normal, i think that this bear season was needed

[cydrix]

Bitcoin has lost almost 15% of its value since two weeks ago. At the peak around Christmas holidays, it was trading at over $19,000.

Bitcoin investors have been predicting that meteoritic rises will commence any day now. But the price has been hovering in the $8,000-$9,000 range with surprisingly low volumes.

One Good Post: why is Bitcoin price stagnant?

What is happening in the Bitcoin world?  What is the near-term price forecast for Bitcoin?

Nothing's wrong with BITCOIN it's just the people who uses bitcoin are the one at fault for this dip/dump. Many have spread rumors about bitcoin that it was bad for investment and a bubble on some kind those kind of rumors was affecting bitcoins potential to grow slowly to worse lead to dumps.

[winterland]

There is nothing wrong with bitcoin, the real problem are the people, they somehow expect that bitcoin violates all rules of economics and want that bitcoin always go up in value and that is simply impossible, the price needs to go down as well, this market is made of people and when the price goes up some cash out, some need that money for something important or some other reason and that decreases the price, just wait and the price will eventually recover.

[Marlo Stanfield]

There is nothing wrong with bitcoin, the real problem are the people, they somehow expect that bitcoin violates all rules of economics and want that bitcoin always go up in value and that is simply impossible, the price needs to go down as well, this market is made of people and when the price goes up some cash out, some need that money for something important or some other reason and that decreases the price, just wait and the price will eventually recover.

It's all supply and demand And people need to remember that 6 * 24 blocks of 12.5 BTC are mined everyday. That's inflating money supply that needs demand to offset it from causing a price downtrend. That's in addition to all the other selling that goes on normally.

[SIHIN]

I dont know what happen with bitcoin now. The price now very down and i dont know when the price will go up again. Many negative news about bitcoin and make the price down.

[Meowth05]

There is nothing wrong with bitcoin, the real problem are the people, they somehow expect that bitcoin violates all rules of economics and want that bitcoin always go up in value and that is simply impossible, the price needs to go down as well, this market is made of people and when the price goes up some cash out, some need that money for something important or some other reason and that decreases the price, just wait and the price will eventually recover.

Indeed, not always bitcoin is in good shape but sometimes it must be in down because that is the rule of market, bitcoin was so volatile it cannot stay to as it is now, there will be times that is high and low hence all we need to do is do the thing we want in appropriate way like sell if is high and buy if it low. There's a circulation happen in a certain market so expect that the particular coin or asset will never stay forever as it were.

[Smarty14392]

if the bitcoin price drops because I believe the bitcoin price will increase again. That's why life itself is up and down so I do not doubt either in business or price determination up and down. because in every market price when investing there should be an increase and a fall in prices as a result of market fluctuations so no need to panic

The most important thing is that we do not experience panic because it will only make things worse. Decrease in bitcoin prices should be accompanied by a calm attitude so that the market will not experience panic. Panic will only destroy the market because then it could be the price of Bitcoin continues to decline with uncontrollable. With calmness and patience, the price of Bitcoin can regularly increase and be on a much better path.

Markets are changing with the passage of time and let me tell you the truth and positivity we had in the previous year that came after drops and falls so why we have negativity this time this year in this low market? We should think positive and wait for the real time so that the market demand increases in the future and we enter into the high market where our investments payoff.