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Author Topic: Bitcoin is crashing due to the falling price?  (Read 2009 times)
CarnagexD
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July 31, 2018, 09:20:56 PM
 #61

Bitcoin will stay in the universe till blockchain survive. It is running based on this basic technology. It may crash sometimes but will back with the course of time.

 Market is Volatile, anything can happen at the market at any given time, price value can goes up and can goes down dependent on the Volume of investment in the market. Bitcoin is still stable even with the ups and down of its market price Value, market will correct itself after the market Glitz.

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August 04, 2018, 09:20:31 PM
 #62

Bitcoin is not crashing. It's just facing some minor challenges which is characterized by the fluctuation of prices here and there but that doesn't mean it is going to crash. Bitcoin will survive and its meant to stay.
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August 04, 2018, 09:26:56 PM
 #63

I don't think that anything bad will happen to btc as it is really powerful and i think that its price will change greatly in the nearest future. we will see how it will increase which means i will earn
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August 04, 2018, 09:29:04 PM
 #64

Recently, good News does not have any relation to the capitalization crypto market(coinmarketcap)! That's the question, why is it so and what is needed for growth ?  Undecided
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August 04, 2018, 09:32:33 PM
Merited by xena2 (1)
 #65

Digital moneys will live in Bitcoin as long as it exists..And it will always be in number one..No government has a chance to prevent it..Price fluctuations always happen..But Bitcoin is always reliable.

I agree. Price volatility is the nature of bitcoin. Even the price is falling it does not mean that it gonna lose its value. Bitcoin price increases few days ago now it turned to fall again. Many grabbed the opportunity when it increase and the supply volume maybe increase again that much. Do not worry, falling will not be forever, time comes for good price to sell again.

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August 04, 2018, 09:34:35 PM
 #66

----------
Bitcoin has experienced the same thing as many other coins have. However, it is certainly true that Bitcoin is not dead because of some following reasons:

- More people are using Bitcoin
Metrics gauging Bitcoin users and usage all point to a continuous uptrend, albeit with peaks and alleys along the way, just like with any new technology. First, transaction volume per day is probably the most straighforward metric, which is the most important index. Admittedly, the recent drop in volume is significant. However, part of this could be due to the increasing practice of transaction batching, which lowers overall volume.

- Bitcoin will not die although it has fallen to approximately $ 6.000
Although the number of current wallets and addresses is not relevant to the number of users worldwide (because most electronic wallets now consistently generate new addresses and one user can have multiple accounts), it still draws a general picture of the increasing popularity.
Blockchain, one of the most popular Bitcoin wallets, has had a rapid increase in new accounts, with nearly 24 million accounts at the time of writing. In addition, one of the most popular Bitcoin exchanges in the world, Coinbase, has recently reached 20 million users among 35 countries.
With these figures, the number of Bitcoin users is expected to reach 200 million by 2024, according to RT reports.

- The problem of scalability is being resolved well
As Bitcoin experienced a surge in new interest and users, the network became congested, leading to a spike in transaction costs at the end of last year. The adoption of SegWit, a block-weight optimization solution, has not only eased some of the costs for now, but also opened the door for developers to work on layer-two scaling projects.
Specifically, the Lightning Network, as well as other optimizations in the pipeline, such as Confidential Transactions, Bulletproofs is designed to make transactions in Bitcoin and other cryptocurrencies more private and secure, or other optimizations, such as Schnorr Signatures, are expected to make Bitcoin transactions cheaper, faster, and more private in the not-too-distant future

- Hash rate is recorded high

The Bitcoin network hash rate has been constantly climbing to the current record highs. Hash rate is the amount of computing power Bitcoin is using. The current rate is at around 25 million TH/s – a massive amount of computing power. In fact, the computing power required to successfully attack the Bitcoin network doesn’t even exist, making it the most secure and immutable peer-to-peer cryptocurrency network in the world.

It is obviously true that “Bitcoin has achieved a level of computing that no single nation state can overthrow it through computation alone,”.

#Bitcoin
#Rothscoin


Falling price is actually the reason to bitcoin crashed but it doesn't  mean bitcoin will not survive this is volatility its unfair that if there is lower price down no price going higher where's the name of volatility here, so don't discourage guys bitcoin will recover soon.  
Bitcoin is not crashing but yes the market of bitcoin is reducing due to the fall in price.I guess bitcoin will recover as it has the capability and potential to come back and create new records as it did in 2017.Still people have faith in bitcoin and people are holding their bitcoins for future price rise.Bitcoin has faced these kinds of ups and downs and has always emerged victorious in these situations amd that is why it is still the number one cryptocurrency in today's date.
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August 04, 2018, 09:43:11 PM
 #67

Bitcoin might fall due to price decline doesn't mean it is crashing. It is just a business cycle that is bound to occur, it is how it moves out in it downturn. Bitcoin has a global currency though crypto in nature has come to stay. It is an asset that can liberate if properly harnessed.
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August 04, 2018, 09:44:34 PM
 #68

Remember the price fall in 2014. It was much more severe than what is happening now. Did bitcoin crash? No, the price increased again and reached a new all time high.
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August 04, 2018, 09:58:01 PM
 #69

The fall of the price of bitcoin doesn't mean bitcoin is crashing. Bitcoin is a digital currency, which was developed to bring decentralization into transaction of goods and services.

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August 04, 2018, 10:09:46 PM
 #70

The fall of the price of bitcoin doesn't mean bitcoin is crashing. Bitcoin is a digital currency, which was developed to bring decentralization into transaction of goods and services.

Yes, that's right. Bitcoin can work even the price decreases to zero and you can make transactions. But people and also miners won't be interested in bitcoin and it will lose its supporters.
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August 04, 2018, 10:28:29 PM
 #71

The fall of the price of bitcoin doesn't mean bitcoin is crashing. Bitcoin is a digital currency, which was developed to bring decentralization into transaction of goods and services.

Yes, that's right. Bitcoin can work even the price decreases to zero and you can make transactions. But people and also miners won't be interested in bitcoin and it will lose its supporters.

Bitcoin is the pillars and foundation among all the coins in crypto world and the crashing of every coins value is just a normal in crypto market since it is very volatile, the more people sell their coin then the more it will dump, but the moment its price is very low then surely more people buy on it making its price to pump again and that is the advantage of the most popular coin in the history of crypto because the trust of every investors will remain.

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August 04, 2018, 10:37:58 PM
 #72

Aside the above reasons, bitcoin has a market cap of some 120 billion equivalence in usd. There are certainly other big players involved in bitcoin. The computational power and reliability has given rich people reasons to believe in bitcoin. Bitcoin has certainly come to stay. People should realize by now that dips are normal. 7K isn't bad. But bitcoin will surely rise far more than its price now.
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August 04, 2018, 10:48:17 PM
 #73

----------
Bitcoin has experienced the same thing as many other coins have. However, it is certainly true that Bitcoin is not dead because of some following reasons:

- More people are using Bitcoin
Metrics gauging Bitcoin users and usage all point to a continuous uptrend, albeit with peaks and alleys along the way, just like with any new technology. First, transaction volume per day is probably the most straighforward metric, which is the most important index. Admittedly, the recent drop in volume is significant. However, part of this could be due to the increasing practice of transaction batching, which lowers overall volume.

- Bitcoin will not die although it has fallen to approximately $ 6.000
Although the number of current wallets and addresses is not relevant to the number of users worldwide (because most electronic wallets now consistently generate new addresses and one user can have multiple accounts), it still draws a general picture of the increasing popularity.
Blockchain, one of the most popular Bitcoin wallets, has had a rapid increase in new accounts, with nearly 24 million accounts at the time of writing. In addition, one of the most popular Bitcoin exchanges in the world, Coinbase, has recently reached 20 million users among 35 countries.
With these figures, the number of Bitcoin users is expected to reach 200 million by 2024, according to RT reports.

- The problem of scalability is being resolved well
As Bitcoin experienced a surge in new interest and users, the network became congested, leading to a spike in transaction costs at the end of last year. The adoption of SegWit, a block-weight optimization solution, has not only eased some of the costs for now, but also opened the door for developers to work on layer-two scaling projects.
Specifically, the Lightning Network, as well as other optimizations in the pipeline, such as Confidential Transactions, Bulletproofs is designed to make transactions in Bitcoin and other cryptocurrencies more private and secure, or other optimizations, such as Schnorr Signatures, are expected to make Bitcoin transactions cheaper, faster, and more private in the not-too-distant future

- Hash rate is recorded high

The Bitcoin network hash rate has been constantly climbing to the current record highs. Hash rate is the amount of computing power Bitcoin is using. The current rate is at around 25 million TH/s – a massive amount of computing power. In fact, the computing power required to successfully attack the Bitcoin network doesn’t even exist, making it the most secure and immutable peer-to-peer cryptocurrency network in the world.

It is obviously true that “Bitcoin has achieved a level of computing that no single nation state can overthrow it through computation alone,”.

#Bitcoin
#Rothscoin
At least they are selling coins to get a little profit because they have a sense of worry about fluctuations in current market prices, but I think that only worsens the price situation. it's better we wait and save your coin that the profit at the end of the year will be there
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August 04, 2018, 10:53:54 PM
 #74

The low market price of bitcoin doesn't mean that bit con is crashing.$7k price of bitcoin I think is not yet bad because we all know that the price way back is lower.
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August 04, 2018, 11:06:30 PM
 #75

Bitcoin is not crashing as people are speculating. To me it is part and parcel of every market trend. Though bitvoin has experienced a tremendous drop but t has not gone beyond $5000 which ot was at the early months of last year. As time goes on its price will be appreciated.
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August 04, 2018, 11:57:51 PM
 #76

I don't believe in bitcoin crashing, price might fall due to some factors not predictable but one thing is certain which is the price bouncing up back,sometimes the price falling is just for correction purposes
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August 05, 2018, 12:40:24 AM
 #77

Bitcoin isn't crashing,  not now,  never going to happen
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August 05, 2018, 12:41:06 AM
 #78

it is true that if Bitcoin falls due to the fall in the price of bitcoin coins, at this time the price of bitcoin in the trading market is declining, surely all of the coins will go down.

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August 05, 2018, 01:45:17 AM
 #79

So far, the bitcoin price has been reversed today because of its huge price drop.
And now its price has risen significantly and has returned to its previous price this past year.

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August 05, 2018, 01:50:38 AM
 #80

Bitcoin isn't crashing,  not now,  never going to happen

It is falling but not that really big fall since the most common price this year is at $6000, the price continues to increase more than $8000 and just got back to it's common price at $6000 and little by little it is increasing.

The price of Bitcoin will fall but it is the normal movement of the price since Bitcoin as we know it is very volatile. We always know the drill, keep on holding it since the price tends to pump in the last quarter of the year.
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