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Author Topic: Bitcoin hits lowest in 2018  (Read 998 times)
ElectronicBot
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August 08, 2018, 08:43:18 PM
 #121

In the future, there will still be falls, so I'm not sure that bitcoin will be at this level for a long time. In the crypto currency, such strong falls are normal
waterisgood
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August 08, 2018, 08:51:52 PM
 #122

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.
Bitcoin is what I used for investments, I think it will be more expensive to own one.
Cherylstar86
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August 08, 2018, 08:52:58 PM
 #123

In some point we can say that the value of bitcoin rely  by those users who have huge shares of bitcoin. As we all know bitcoin is so unpredictable since it was created in which that suddenly boost its value any time. Also, as we compare its value many years its so very cheap and affordable to buy that can be a good for long term investment and can have a great amount of profit in the future.
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August 08, 2018, 09:42:18 PM
 #124

The price of bitcoin when on a 60 days rally upwards hitting 8k USD  and just a few days later it started a downward trend, and that was coupled with a fact that the etf postposed its decision on Bitcoins
The market reacted the way most would expect with the FUD.
I believe this all to be a level of market manipulation and a way to create a future bull run that will see people behind all these make billions in the end
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August 08, 2018, 09:50:36 PM
 #125

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.

Changes is the only constant thing in this world all we have to do is to prepare this situation as others say in any crisis there's always an opportunity and the most important thing we're still here embracing ang believing crypto world.
MOProgress
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August 08, 2018, 09:51:14 PM
 #126

we never can tell what the lowest price is for now. even the recent fall is something no one can really give a perfect view of even though we have people that highly experienced in the cypto investments. so I want to urge people should hold their investment.
mbluxs
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August 08, 2018, 09:56:11 PM
 #127

the decline in btc prices has not changed at all with btc enthusiasts even more interested. maybe now the price has dropped dramatically but I myself believe the price of BTC will rise again as before so stay calm
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August 08, 2018, 09:59:28 PM
 #128

The demand is still there and helps alot of bitcoin's price to increase again. We all know that blockchain or cryptocurrency world's price is decentralized and volatile. We don't need to expect too much on bitcoin because we knew that there are times that it will crash. Somehow, we need to have faith and hope that it will recover as soon as possible.

Recognizing its volatility behavior is one way to keep our faith on cryptocurrency as of this present time it's priced is down driven by so many factors as long as we're still here and have full support of crypto world its price will spike again as soon as possible.

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Lorence.xD
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August 08, 2018, 10:02:25 PM
 #129

This is temporary,i mean falling Bitcoin, from some times will be a lot goood news from Bitcoin and in the 2020 will be rise difficulty mining, this event always influences positively on the price BTC.
Increase in mining difficulty is suppose to cause some price movement in bitcoin.We had an increase of 13 percent in mining difficulty yet prices of bitcoin plunged.Obviously we are have dis-correlation in the two.The bears are rally strong,hope it goes soon Angry
indeed for Bitcoin, this year and years continue to experience many fans who make hits instantly. with its high value and value keep many enthusiasts to support the development of coins. it will be very helpful for his future much better again.


  The Bitcoin crypto currency is unpredictable, price value of the market may goes up and may goes down, it is dependent on the Volume of Investment in the market by the Investors,  Market is Volatile, but the good news Bitcoin remains number one among all the crypto currency coin or ALT coin in the market,  market will correct it self after the down stream of the market price value of such coin as posted.

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kuuchan
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August 08, 2018, 10:16:20 PM
 #130

many investors still believe in the rise of bitcoin this year, tracing the movement of transactions on bitcoin lately, in my opinion it is still in a good position, even though the price has experienced an unexpected decline.
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August 08, 2018, 10:19:11 PM
 #131

I think from the trends I have learnt new things
The deeper the dumps the higher the pump

So it’s a positive move for a supposed bull run before the end of the year
Let’s work towards it too
Piapia
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August 08, 2018, 10:28:10 PM
 #132

experiencing a decline in prices on the market isn't that something normal? if seen from the transaction from the beginning of the month to now the prices of other bitcoins and altcoins are not stable. if there is a price drop there will be a price jump, be patient. bitcoin will never die I believe that
the1arty
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August 08, 2018, 10:33:39 PM
 #133

We went pretty well up and went exactly back, big guys have shown us their power, that they can do whatever they like. How 2 weeks delay in ETF can move the market down 10-20%. Just compare to the stock market, if it would drop 20% in one day, they will call it black Friday or whatever day it will be.
We should pay more attention to announcements like from Kiyosaki, who now trusts in crypto.
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August 08, 2018, 10:42:38 PM
 #134

Well, this kind of things happens. Bitcoin just reached its highest this year so its only natural that the will get lower. Instead of worrying about the price, why not take this opportunity to buy more bitcoin and sell it on the next bull run (if there is).

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dirisu2018
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August 08, 2018, 10:46:48 PM
 #135

This is just one of those hard phase, it will come to past and the king(btc) shall rise again and hit its 100,000 dollars forecast come middle of next year
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August 09, 2018, 01:01:03 PM
 #136

I think the current price of bitcoin is not in a very bad situation. In my way of thinking, this term is still giving great buying opportunities and I think the people who can make their decisions smartly can enjoy the rising prices in the future.
blackhawkeye1912
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August 09, 2018, 11:24:33 PM
 #137

No need to panic, bitcoin will be okay even reaching its lowest price this year. As the bull market has started, we are expecting the climb anytime this month.

The fall is just the reaction to the postponement of decision over ETF. Sooner or later decusion will be made.

Bitcoin has made its yearly trend. Be bullish!
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August 13, 2018, 10:28:47 AM
 #138

It has hit the most reduced value that it has gotten to this year and I am certain that there is still more value plunges originating starting here on out in light of the fact that bear markets can be extremely ruthless and keep going for quite a while. Nobody expected that the costs of bitcoin would get this low however it did as such now anything goes, any value presently is workable for bitcoin to hit.
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August 13, 2018, 10:49:56 AM
 #139

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.


I also heard that some analysts pointed out that if Bitcoin can't support it at $6,800 this year, then it is very likely to fall below $4,000. This is a terrible prediction. I hope it will not be realized that Bitcoin falls below $4,000, if that,many people will cry.

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August 13, 2018, 10:51:22 AM
 #140

Thanks for sharing useful information, I know that the situation with btc isn't simple at the moment but I believe that it is going to become better and the price will be much higher than it is now
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