Bitcoin hits lowest in 2018

[Melnikof]

Bitcoin hits lowest in 2018; falls below $6,000: Here’s what you should know
Bitcoin crashed to a low of $5,787 on Sunday afternoon, mildly recovering to $6,131 on Monday morning.

Bitcoin crashed to a low of ,787 on Sunday afternoon.
Post-October last year, Bitcoin rallied in a way that shocked the world. From the modest $4,000 price, Bitcoin surged past $19,000 in just two months. But soon, the fall began and now the most popular cryptocurrency has fallen to below $6,000, lowest in 2018. Bitcoin crashed to a low of $5,787 on Sunday afternoon, mildly recovering to $6,131 on Monday morning. There could be many reasons for the fall in Bitcoin — tax selloffs, higher regulations or ban in many countries, multiple hackings et all.

All that apart, the Federal Reserve of San Fransico last month said that the Bitcoin crash could be attributed to Bitcoin Futures. “The rapid run-up and subsequent fall in the price after the introduction of futures does not appear to be a coincidence,” the report ‘How Futures Trading Changed Bitcoin Prices’ said.
Founded by an unknown person or a group of persons Satoshi Nakamoto in 2009, Bitcoin remained within $4000 until mid-2017, when it increased exponentially for about 10 months. “This explosive growth ended on December 17, 2017, when bitcoin reached its peak price of $19,511. Notably, these dynamics aren’t driven by overall market fluctuations,” the report said.
However, crypto traders have not abandoned the idea yet. “This is not the funeral for bitcoin whatsoever,” Brian Kelly, founder and CEO of BKCM LLC, an investment firm focused on digital currencies told CNBC. He added that as compared to last year’s price of $2, 500, Bitcoin is still at a higher level.

Bitcoin is a type of cryptocurrency, a digital currency which uses encryption techniques to regulate the generation of units of currency and verify the transfer of funds. It is like the money, with no physical presence but a series of codes. Bitcoin is traded on exchanges using the blockchain technology. The blockchain is a digital and public ledger through which transactions made in digital currencies are recorded chronologically and publicly.

Sometimes I can't help feeling that the battle for success has already been lost, and bitcoin will never cost $100,000 and even $50,000 for 1 coin. But I don't want to admit everything is gonna happen so fast. Hopefully, bitcoin will update its technology and become the leader again

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[RaiNain]

There are still many bitcoin enthusiasts who believe that bitcoin will bounce back, seeing the recent moves then we are still in a good position, bitcoin will survive amongst believers and players who will bring the future of investment currency.

[ShawnJessie]

It is known to all that the market of crypto currency is facing a downward situation in the movement of the price this year. The whole market is in bad condition but investors do not need to be worry as the price will rise up in the coming years. Especially the price of bitcoin will rise at the end of the year. So be calm.

[bienvang192]

I feel, bitcoin prices are now at the lowest point in history. Actually this is a golden opportunity for the traders crypto.you can buy bitcoin in large numbers. Then you just wait for the price increase and get a big profit.

[a_t_e_e_b]

i think it is the time when we should get the most out of the situation buying btc will be really great and it will also help in the circulation and pump in price

[Cokodi]

I believe that the era of bitcoin will end soon and there will come a new time, it will be an era of alternative cryptocurrencies, an etherium will be like bitcoin

[panjay]

and yet it's still July and that's just an half of 2018, we don't know yet are 5,7 that you talking about will become the lowest bitcoin price this year, time will tell.

[shapegray]

Yeah, I know that 2018 is the worst year for crypto in history.

I believe that the era of bitcoin will end soon and there will come a new time, it will be an era of alternative cryptocurrencies, an etherium will be like bitcoin

I think ut's impossible. Look at the BTC marketcap and comparr with ETH. Also you have to know that market fall because of Altcoin. Especially ICO with many SCAM, bad issue, and anything. Sorry if I wrong.

[trudovik]

Yes, this year the crypto-currency market has failed very much and many people start to withdraw their money from it. But as soon as the withdrawal of money begins, the crypto-currency market will start moving up, it is checked.

[vastmast]

I think the days we are about to rise again are coming up. it may be at the lowest price right now, but within a few weeks we can go into the bull period. In this case, the motivation of all investors will increase and the market volumes will increase

[panbirt]

2018, I am disappointed. I don't think he has the lowest point. I have been discovering that there is no bottom in the bottom. I have found that I have lost all the money in the past few days. I am not going to invest any more.

[mh6e]

There's still a lots of spectators who believes that bitcoin will bounce back, tracing the last years movements then we are still in good position, though even the value falls to this level right now but the chance of being lifted again is still in the position, bitcoin will survive and its between believers and players that will bring the fate of this investment currency, as long as there are people who keep dealing with bitcoin and willing to embrace changes then  probably we will expect another spike.

If you're following the news update, I think no need to worry as economic analyst predection it is with in there range that bitcoin will play between $5k- $ 20k. So far its never down below $5k, so based on their expertise and forecast it should reach $20k by the end of this year and that's good time to sell token.

[yujli]

We are still in a good position. Because according to past experience, bitcoin will still rebound and even usher in a new bull market.

[mmmn639]

2018 is even lower than I expected. I thought it was just a small drop. I didn't expect a lot of coins to fall to the lowest value. Even a lot of coins died. But in this big change, there is still The rising coins indicate that the market is still normal, probably just to eliminate some useless coins.

[[ProTrader]]

No matter how low the price of Bitcoin today there is no reason for me to sell it because I keep it as long term investment. It is like a tiny pet that I watch it grow as the time passes by.

[Volk-05]

Perhaps this is not even the limit, bitcoin can still prosest, but I hope by the end of the year he will restore his position!

[Valay9836]

the fall can not be avoided . and I would expect it to. for purchase . because then there will be a rise

[anaivanova726]

This is a normal reaction to the market movement . since there was a big race that should be expected to fall . as now is the day to follow him will rise

[ShareAccepted]

Bitcoin hits lowest in 2018; falls below $6,000: Here’s what you should know
Bitcoin crashed to a low of $5,787 on Sunday afternoon, mildly recovering to $6,131 on Monday morning.

That´s good news! Now I can buy even more bitcoin at a much cheaper price! I have no doubt that it will rise again as the cycles of crypto are very well known to happen like this.

[Bytem3]

Better fill your bags, Bitcoin is not getting any cheaper!