Why we should not panic about the Bitcoin price.

[Kakmakr]

I took one step back this weekend and I spend some time, thinking of the reasons why we should not panic about the drop in the Bitcoin price and this is what I came up with, :

1.  The Bitcoin demand is still very strong and a lot of Merchants are still accepting it as a payment option. < I see more shops in my local area that started to accept Bitcoin >
2.  Bitcoin ATM installations are on the increase. < Also in Africa >
3.  Institutional capital has not even entered the market yet.
4.  The Lightning Network <Bitcoin's scaling solution> has not even been fully implemented yet.
5.  We are much stronger than we were last year. <Price wise>
6.  Facebook has reversed their decision to ban Crypto currency advertisements.
7.  Governments are not banning ICOs, but rather regulating it.
8.  Most long-term investors are still optimistic about the future of Crypto currencies.
9.  The Fiat system and the world economy is still struggling, so it is not just Crypto currencies.
10. We still see companies pushing innovation, by introducing new Apps & Games that supports Bitcoin.
11. The halving, the 50% reduction in block rewards on the Bitcoin blockchain, is only 2 years away. The reward for successful Bitcoin miners will drop from 12.5 to 6.25 BTC per block in May 2020.

So, looking at the positive list above, why should we panic? If you can think of more reasons why we should not panic, please post them here and I will add them to the list.    

Let's focus on the positive things and forget about the dropping price. < Most of that is manipulation >  

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[Kisska2710]

I have always believed in btc. Not for the reasons above, but because I have invested in it. So I believe

[oworldbankru]

Despite the recent bloodbath in the crypto world, bitcoin will reach to 50kUSD by end of the year. Its price has been a roller coaster with investors but it is going to show the best in near future. With more people in the market comes more capital and the potential for faster jumps in the price. Now we have more visibility, more people are talking about bitcoin and that is the reason we should about the bitcoin price.

[Yohr87]

Because their is no reason to be panic because the price of Bitcoin is dropping.Bitcoin is volatile so it will not continue to drop down or will stay to Lower value we need to wait and also we need to have faith because I know Bitcoin Will recover again and rise up again.Just keep our coins because soon we can get a good profit.

[akihiro101117]

I have always believed in btc. Not for the reasons above, but because I have invested in it. So I believe

Believing is one of the most powerful weapon against stress. It's difficult to wait for the price of bitcoin to become high again,but if you have the patience to wait because you believe in bitcoin ,your investments would be worth it in the future.

[Timere]

I took one step back this weekend and I spend some time, thinking of the reasons why we should not panic about the drop in the Bitcoin price and this is what I came up with, :

1.  The Bitcoin demand is still very strong and a lot of Merchants are still accepting it as a payment option. < I see more shops in my local area that started to accept Bitcoin >
2.  Bitcoin ATM installations are on the increase. < Also in Africa >
3.  Institutional capital has not even entered the market yet.
4.  The Lightning Network <Bitcoin's scaling solution> has not even been fully implemented yet.
5.  We are much stronger than we were last year. <Price wise>
6.  Facebook has reversed their decision to ban Crypto currency advertisements.
7.  Governments are not banning ICOs, but rather regulating it.
8.  Most long-term investors are still optimistic about the future of Crypto currencies.
9.  The Fiat system and the world economy is still struggling, so it is not just Crypto currencies.
10. We still see companies pushing innovation, by introducing new Apps & Games that supports Bitcoin.

So, looking at the list above, why should we panic? If you can think of more reasons why we should not panic, please post them here and I will add them to the list.    

Let's focus on the positive things and forget about the dropping price. < Most of that is manipulation >  

As for me, now the market is declining only due to artificial pressure in the media. I think that someone wants to earn a lot on this. When the right people are stingy enough at low prices, the market will manifest itself as a spring

[abiola4real]

Am not always panic when bitcoin is dropping because am sure it will increase again with due time and now that many trustworthy and known company are already into blockchain makes me feel relaxed also that crypto currency is the future of currency

[Bugsbey]

Despite the recent bloodbath in the crypto world, bitcoin will reach to 50kUSD by end of the year. Its price has been a roller coaster with investors but it is going to show the best in near future. With more people in the market comes more capital and the potential for faster jumps in the price. Now we have more visibility, more people are talking about bitcoin and that is the reason we should about the bitcoin price.

I strongly agree! I know the price of bitcoin will soon recover or even get higher. This is its nature, we must not be afraid if it fall at its very low. It will pump sooner or later.

[kwusu]

I have never panicked and worried about the price fluctuation in bitcoin and other cryptocurrencies before. You I have studied the market from last year January to December. Last year January to June, the price was around $5000 and towards the end of last year it shot to $18000. It reached almost $20000 in December last year. This is how the market has been in last year. Now this year, the price is waving around $6500 and $7500. This is quite better than last year. Am believing that by November the price will get its strength has it has always been. My advice to people who are now investing is that they should never panic rather they should read and understand how have been going and have faith in cryptocurrencies. Cryptocurrency is good so lets invest in it.  

[Markettoken]

yes I agree with you, that is a very plausible reason and we must keep in mind that in trading up and down price it is normal

[alizalela7]

Bitcoins will sometimes be up and down as they fluctuate day by day so we should not panic about them and we should also accept and change according to their movements.

[KonstantinosM]

The biggest reason I'm bullish on price is because in the next block-halving we're going to have less inflation than the USD.

11. Soon to have less inflation than fiat


Let me explain. I always think of and calculate inflation at about 3%.

This is a hidden tax. One of the things bitcoin is meant to hedge against is inflation. Current inflation is about 3.91% (More if you subtract the lost coins).


In less than 2 years, we will see the historic moment when bitcoin finally has low inflation. And in less than 6 years it will be half of that!

[ultra insting]

the reason is good and I never panicked with bitcoin prices because I believe bitcoin is a technological advancement for the future

[Apes]

No panic is the best way when bitcoin or the market decreases, because kepanikam will take you in losses because it acts wrong .. and you will sell your bitcoin out of control or sell less right or wrong and you will get a loss .. in the bitcoin price situation down memegangganya is the best and patient choice ..

[yazher]

Yeah I hope after this Development the bitcoin price will continue to grow after this bearish market. and let's hope that there are more development after this and less hacking on some exchanges so that the market price will not go down and investor will continue to invest.

[sormin]

I think in this case we do not need to panic about bitcoin prices. As we know, bitcoin prices are now low, for that we have to keep believing that in the future bitcoin its price will kembail very high. So this is practically common in digital asets. Precisely this opportunity is much in the search by investors when bitcoin is low because they will buy some of the bitcoin to invest for their future. 

[samuraijin]

I think it's equally unnecessary to panic even though the price falls below $ 6000 we all know in a few years it will be high again, so I think relax for a moment enjoying life while looking at bitcoin prices down

[12tribes]

I am so happy that this analysis has come at a time like this to allay the fears of many who are beginning to shuffle feet and put to shame all the naysayers of this wonderful revolution and innovation. the bitcoin price will certainly rally and we all need to be patient

[Kakmakr]

The biggest reason I'm bullish on price is because in the next block-halving we're going to have less inflation than the USD.

11. Soon to have less inflation than fiat


Let me explain. I always think of and calculate inflation at about 3%.

This is a hidden tax. One of the things bitcoin is meant to hedge against is inflation. Current inflation is about 3.91% (More if you subtract the lost coins).


In less than 2 years, we will see the historic moment when bitcoin finally has low inflation. And in less than 6 years it will be half of that!

Ah, I forgot about the Block reward Halving.   Thank you for that, I added it to the list, even if it is only +/- 2 years from now. It is something that are commonly over looked and it always have a influence on the price.

The 50% cut on the supply side will reduce the overall supply of coins and this will increase the scarcity of coins and if the demand is still the same, then the price should increase. < A lot can still happen, but this is one of the things that are positive >

[TechnoX_X]

Yes of course we can not panic. Because bitcoin prices do not always go down and do not always keep on increasing. Bitcoin prices are very volatile Where prices can go down drastically and can increase drastically. So we as bitcoin observers do not need to panic, it would be a good idea to buy this bitcoin from an existing market market,