Bitcoin hits lowest in 2018

[Striker17]

When the time comes that market is unstable, its normal for all coins that their price will go down even Bitcoin or any other coins that has a great potential, just think that in cryptocurrency the price is volatile, means it may go up or go down. But this situation will be over soon, just believe and be positive, soon it will rise.

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[snakey]

5k usd is the lowest hit that i can remember till now in 2018 but friend the year is still 2 months left so i really cant say anything.
But finger crossed.

[Wong Kalong]

I see this year is still running and the market is unstable but for the lowest point, it can still be overcome.
This is not too long and will improve and be safe.

[Cangkeman Wae]

This is certainly sad, when many expectations and expectations that the 2018 market will skyrocket, precisely bitcoin prices continue to drop and there is no sign of recovery, this is what makes us selective in investing.

[Cenil]

and even the weakening and declining btc prices have survived to this day, no one knows when the market will improve, and perhaps indeed the btc price is at its lowest level, hopefully the crypto market, especially the btc, will come back.

[snakey]

Good news for crypto lovers in a recent press conference the VISA CEO said this:

Visa chief executive officer Alfred Kelly has said that cryptocurrencies are not a significant threat to his company’s electronic payments hegemony. He nevertheless indicated that the legacy financial intermediary may move into handling cryptocurrency if there is an incentive to do so.


Source :
https://news.bitcoin.com/visa-ceo-plays-down-cryptocurrency-threat-indicates-possible-intervention/?utm_source=OneSignal%20Push&utm_medium=notification&utm_campaign=Push%20Notifications

[Naughty Princess]

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.

I agree. There could be a big change and we'll wait for it patiently. I also believe that the price going to bounce back and preparing for it. Many people also expecting on bitcoin and hoping that it won't stay stable but change for us to gain something. It is the lower price so taking opportunity from it is good than still doubting the coin that has potential on the market.

[Hillore]

Now there is a correction after the explosion of the bubble. And by the end of the year we should not expect growth.

[Hartmas]

Now you can definitely not worry that he will fall below 6k. It is better to think when he overcomes the barrier of 7k and a bright reversal of the market comes.

[Maheshkumar_Hrangkhawl]

IMO, it can go even lower. I won't be surprised if Bitcoin goes all the way to 3K-4K range, before stabilizing. The volumes are down, so any sort of bad news can have a major impact on the prices.

[Pline]

I don't think bitcoin will hit lower levels, because  Baakt is coming and all negative news are already in price. What can affect to decrease  price of btc?

[joelsamuya]

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.

Starting the 2nd quarter of the year, up to this very moment everything is depreciating in value and all coins in the market is crashing, but i still have the faith that the market can recover in the course of time, its not overnight, we knew that. its patience that matters.

[gelinshidong]

This may be an optimistic view that the price of bitcoin may still fall to a lower peak. Please note that cryptocurrencies will only take off when most investors leave. This is a long process. The future may be lower than the current price.

[malading]

I am about to lose my confidence now. I don't even think this is the lowest point. Maybe the market will have a big collapse. This time I don't know how many people went bankrupt.

[snakey]

I am about to lose my confidence now. I don't even think this is the lowest point. Maybe the market will have a big collapse. This time I don't know how many people went bankrupt.

Comapnies are bankrupt and it is fact. Those who invested at high values are losing confidence to meet their day to day expenditures. I belive that more ATL will be during new year or Christmas.

[insidertradingeverywhere]

Yeah, bitcoin hitted 6 thousand and it seems like many of crypto holders are afraid of lower crypto rates.
I don't care about BTC price,because I am long term holder.

[Morning honor]

Why we amaze this is just normal, yeah i agree that 2018 was the worst year for btc because of crashing down his price as lower as what we expected, but we must wait how fast this bitcoin comes back at its normal price, this year is just a mirror to ourselves that whatever happen even the worst time, theres a happiness waiting and lets see...

[micle222]

Don't panic because on the basis of it all will be meaningful.
If we understand the basic concept of Bitcoin which always goes up and down then we can also understand with such conditions when the price of Bitcoin is at the price of 5800 USD.

[craked5]

if we look at overall Bitcoin graph we can see that this price that we have now is complitely logical. If we want Bitcoin to become real currency, it has to be stable. And now it almost found its stability.

[maometano]

Why we amaze this is just normal, yeah i agree that 2018 was the worst year for btc because of crashing down his price as lower as what we expected, but we must wait how fast this bitcoin comes back at its normal price, this year is just a mirror to ourselves that whatever happen even the worst time, theres a happiness waiting and lets see...

yes, right now we are being hit by a furor about Bitcoin and altcoin that worsened in 2018. what we can do is wait for price increases and people at the end of this year there will be a high price increase by the market, but that is still not right. We must be able to analyze what happened in early 2018 until this month which does not look stable, so in essence we must be patient and strive to set the right steps on this day and so on.