bitcoins price is falling.

[DrewXland]

Never lose your faith in BTC. It's easy to loose sight of the massive gains people have made over the medium/long term because it's volatile in the short term.

Most fundamentally Bitcoin’s price is driven by what the market is willing to pay. If more people are buying Bitcoin, then the price goes up. If people at selling more, then the price goes down. Economics 101!
 
As time goes on and BTC matures it will stablise at higher prices so now is when you really need to pack your BTC bags.

[viyumztf]

Bitcoin may fall below 6K, and the price of 6K is a very critical price. Let's pay close attention to the price of bitcoins over the past few days.

[tony kurniawan]

Bitcoins price is greatly decreasing right now would it affect the price of other coins if this continuous?

That would be a good time to buy, hold in the patience and when the bitcoin price is high again it will be a good advantage. Do not panic for market decline, the future bitcoin and altcoin will definitely increase.

[ShineftChaos]

Bitcoins price is greatly decreasing right now would it affect the price of other coins if this continuous?

I believe that there are people who cannot fully trust cryptocurrency because of funds in other countries that is spreading and they are not knowledgeable about cryptocurrency so they are afraid to invest and take the risk.

[wtbhitlv]

It has been estimated that the cost of mining bitcoins is now at 5K-6K, so I think the market is close to the completion of the correction.

[batang_bitcoin]

It has been estimated that the cost of mining bitcoins is now at 5K-6K

Cost of mining is different from the price of bitcoin.

so I think the market is close to the completion of the correction.

It may be close or it may be not.

This correction can stay up to several months, a year or two. But almost everybody has been bullish at the end of the year so let's all expect positive for the last quarter.

[mr-sk]

there was a huge amount of fud on the market and that is what was causing the market crash, but now everything is going up again so i dont think that it is relevant

[juragane]

yes you are right now bitcoin prices fall and it seems bitcoin falling price will have an impact on some existing altcoin I'm sure will also fall in price.

[yyourboss]

I think there is another sharp fall this month. Try not to buy altcoin, which will cost you a lot of money.

[aezotxmb]

I think the exchange is likely to lead the fall with some media, and my suggestion is not to store your coins on the exchange, which may be the chip they use.

[Gameroid]

Bitcoins price is greatly decreasing right now would it affect the price of other coins if this continuous?

I believe that there are people who cannot fully trust cryptocurrency because of funds in other countries that is spreading and they are not knowledgeable about cryptocurrency so they are afraid to invest and take the risk.

Many people are currently afraid to invest money in bitcoin, they are worrying about their investment in bitcoin because they do not have enough knowledge about bitcoin, but the bitcoin popularity is now increasing and we are hopeful that very soon people will like to invest money in bitcoin for betting a good profit.

[Hannahanto]

Due many negative news spread about bitcoin makes people to lost their faith in bitcoin. This is suitable for new crypto users. Long time bitcoin users never worry about this. These are the reasons the price of bitcoin is falling. Increase and decrease are common in the market, so dont get panic when the is falling means just buy more bitcoins and hold it. In future the price of bitcoin will have tremendous growth.

[lordmick]

According to technical analysis I think we will see harder crash of Bitcoin price in this year. Approximately about 1,2K$ - 3K$. It will fully start to recovery only next year.

[gurupauts]

bitcoin prices are going down now and I know that bitcoin prices are the basis of altcoin prices so when the bitcoin price drops then almost all altcoins have a low price and when bitcoin prices go up the altcoin price will also rise

[fullhdpixel]

will of course have an effect on altcoin up and down things are reasonable in crypto so no need to panic,now down could be next month will go back up when the bitcoin price falls, it is certain that the buying demand is decreasing and many investors are selling their coins.

Price fell down to 5.8k dollar which was the lowest value recorded this year but I am talking about few days ago. Right after this downfall on the next day we saw a little improvement to 6k dollar and then it started increase trend which led the value to 6.3k dollar on the next day. Today the value reached to 6.5k dollar which is good news for Bitcoin’s users as we are improving slowly with the passage of time.

[Promitestake]

yes, of direction its feasible that whenever that bitcoin charge is decreasing there's a high opportunity that every different coin may even lower their price because of the reducing of the fee of bitcoin. So simply wait bitcoin will now not happening anymore it'll be increase at some point in the end of the 12 months.

[hessanseen]

Of course, there will be an impact. If bitcoin prices continue to fall, altcoin will go down even more. Some coins will probably disappear from the market.

[TIDOVEE]

For bitcoin to have gone this low. Hmm..most other coin must have been deeply affected, so many of them are not even worth staying with by now. Probably what affected bitcoin is their main problem too.

[Toukir007]

yah bear market...only dump and dump

[Bakemat]

Bitcoins price is greatly decreasing right now would it affect the price of other coins if this continuous?

It does not really matter if the market prices are dropping because it only means that there will be more people who can be capable of investing in order to get profit in the future.