Don't worry, Bitcoin will be fine.

[CryptoGamblingSites]

That's what makes this a bit illogical, with all that positive news about Bitcoin's accessibility and adoption for different businesses, why would it be going down still? Wouldn't people want to buy it because of those reasons?

Inflated prices in 2017?!?! Things don't increase in value 500% "normally," at the 15k mark everyone knew "this is crazy"

It's probably still overvalued today and will be at around the same level it is today until early next year.

Everyone who wants GAINS can fuck off, bitcoin didn't ask you to buy it trying to make money off it.

Anyone who wants to lose more money will buy altcoins which are ABSOLUTELY overvalued and going to lose people tons of money.

Bitcoin just keeps sitting there, being valuable with no way to really tell how much it's really worth.

[nidacoinlove]

There is a lot of naysayers especially when Bitcoin goes down, but as we can see it always bounce back.  I don't see anything to worry about

I am not worried about the price honestly but what makes me a little upset is Bitcoin is in the wrong hands. I am damn sure about it Bitcoin is not in safe hands who are not letting it to progress further. I already had the idea that the price will once again fall, so no worries about the price. I am now enjoying this dip as it is an opportunity for me to buy a little more.  

[olyolali]

why does everyone start to panicking when they see the price of Bitcoin dropping so much, in my opinion it is natural that the price of Bitcoin falls because Bitcoin has experienced the same thing as now, so I suggest not to be afraid and panic.

we will see from this graphic :
1. On April 29, 2013 the price of Bitcoin was only $ 135.30
https://steemitimages.com/0x0/https://cdn.steemitimages.com/DQmcj87AFpnNdqbPdRVYBJB6Zd8bSjmMqqp8kHjiMEszyrP/b4.jpg

2. and on November 30, 2013 the price of Bitcoin increase high at the price of $ 1,149.14
https://steemitimages.com/0x0/https://cdn.steemitimages.com/DQmcngKTWQYbDvg2KWSd2rwUsZTpFMuyMraeHxBADHAfXar/b1.jpg

3. then on January 2, 2014 the price of Bitcoin decreased at a price of $ 773.40 and on December 31, 2016 the price of Bitcoin began to increase again
https://steemitimages.com/0x0/https://cdn.steemitimages.com/DQmV8DNWMg2BfWNha7QUWuQXfvu7DEHR39a96k85fzPJCsp/b123.png

4. and the price of Bitcoin began to rise high at the price of $ 19,783.30 on the 17th of December 2017
https://steemitimages.com/0x0/https://cdn.steemitimages.com/DQmRHe7w2gCeo8z7GTsY8N7xo5PnDmJdrSnk7pvyQjnikBx/b2.jpg

and as we know, now the price of Bitcoin at $ 6,948.46 and this is indeed down very far compared to prices on December 17, 2017, but it has already happened in 2014 where the price of Bitcoin dropped very far and it continues until 2016 and in 2017 finally Bitcoin prices start to increase again (it takes around 3 years to make Bitcoin prices rise). so from that, I'm sure the price of Bitcoin will increase again even though the time needed is not short.

in my opinion crypto has reached its peak in 2017 and it is very unlikely to rise again. not because I was hurt because of crypto but it was a reality. it's very difficult to expect bitcoin to rise like last year because there are too many new coins appearing. that makes crypto go down.
because now in some countries crypto is limited and investors are reduced but the market supply is too much with new coins.
different from last year there were only a few coins and investors very much and ran to all bitcoin. it was before the famous crypto.

[spadaccino]

It's different now however because we met the istitution seriously. And even if I think it will recover, I'm not quite sure 100% . It's so hard to say.
My positivity is changing and struggleling every day with this ups and downs.
Be smart and do not trust nobody but yourself.

[Christinebeauty]

technically it is not natural to have a fall like this when everything is going fine and there is a lot of positive news around signalling rise but then the market moves in the opposite direction. there must be something unnatural happening that causes this kind of drop out of nowhere!

but of course the panic is not justifiable either.

Then I think the price moving in opposite direction to the good news could be as a result of so many new coins coming up and so new investors who would have invested in bitcoin would rather choose to invest in these new coins hence reducing the demand for bitcoin and eventually bring the price down.

[godfredmanu]

It is natural tendency for every rational trader to panic when assets you have your money tied to keep going down. But only emotions and experience can make a trader withstand any panic selling. Bitcoins price is not going to go up all the time, there are times it will be up and times it will falls and every trader need to put that into account before investing in it.

[Amarantcoral]

When you buy Bitcoin, you are choosing exit. You are Exit the Monopolistic Economic System of the State Bank and Exit the Inflation, Exit the Track, Control the 3rd Party. Exit the Corruption, Secrecy, the Money Infidelity. And risk-averse currency collapsed.

[Fmradio98]

There are individuals, presumably a considerable measure of them, who purchased bitcoin around $1000 or under (the cost from multi year prior), so If they expect that value fall isn't finished yet, they are offering currently, still with truly decent benefit. On the off chance that bitcoin truly will dump significantly more in the coming month.

[Shyanadi]

Yes I think this is just beginning..there are more news to come..Btc ETF do really well bull..

[iamMhew]

Bitcoin is always fine by itself, the one who are not fine are those people who dont know why drops always happening, even it is unusual drops, there are great news about bitcoin and some new investors recently gets in,  but the price is still slow to recover. I know it takes more time to gets fully recover but when? Slowly pumping then suddenly drop again. Maybe it is because of the traders who run a pump and dump to earn minimal profits weekly. But its fine for me, because i want to see this bitcoin rise for long term run.

[highflyer235]

We need to all come together to increase bitcoin adoption in mainstream which will increase more and more demand.

[Kakmakr]

technically it is not natural to have a fall like this when everything is going fine and there is a lot of positive news around signalling rise but then the market moves in the opposite direction. there must be something unnatural happening that causes this kind of drop out of nowhere!

but of course the panic is not justifiable either.

Market manipulation at it's best.  Some investors are artificially pushing the price down, because they know it will go up again soon. They collect as much fiat as possible to buy some cheaper coins when the price drop and then sell again when it recovers. We have seen this being done over and over again.

There is no obvious reason for the price to go down like this, because as you said, there are no bad news pushing the price down. My logic says some institutional investors are preparing for the big push. 

[paambitako]

Yes, Bitcoin will just be fine and will continue to grow further. Therefore, people who had just invested in bitcoin would somehow not worry because there will be time for it to make a good recovery. Hold your bitcoin and do not panic in any fluctuations in the market since that is just a part of it's process.

[Cidolfusorlandeau]

Really happy when bitcoin prices go so low, it's perfect to buy it, trust me. Bitcoin is something you have to hold for a long-term.

[Gotumoot]

I think so. If you consider a new project in an unfavored market then it's really difficult to sustain in a short time. I always think in this perspective, Bitcoin and blockchain system basically a new concept around the world so it needs a lot of time to rule this monetary world. That's why Bitcoin will be fine so Don't be panicked.

And also even the newly created coin is a much greater than bitcoin i think it will never defeat bitcoin, its because bitcoin is the most popular and most trusted among all cryptos. So dont wrry that bitcoin might die, it will be fine because bitcoin dont have competitor, so it will surely be fine. The dropping does not mean that it will die, its normal, because bitcoin is created to be volatile. You just need to be patient on waiting for its price to increase.

[FourByfour]

bitcoin is a big currency. it dominates every other currency. bitcoin is now very popular in Asian countries. i hope the bitcoin will back strongly...

Indeed, there is a large gap between alt coins and bitcoin, so it surely is the most popular, and of course bitcoin will be fine, but not as others expected.

[135cc]

why does everyone start to panicking when they see the price of Bitcoin dropping so much, in my opinion it is natural that the price of Bitcoin falls because Bitcoin has experienced the same thing as now, so I suggest not to be afraid and panic.

we will see from this graphic :
1. On April 29, 2013 the price of Bitcoin was only $ 135.30


2. and on November 30, 2013 the price of Bitcoin increase high at the price of $ 1,149.14


3. then on January 2, 2014 the price of Bitcoin decreased at a price of $ 773.40 and on December 31, 2016 the price of Bitcoin began to increase again


4. and the price of Bitcoin began to rise high at the price of $ 19,783.30 on the 17th of December 2017


and as we know, now the price of Bitcoin at $ 6,948.46 and this is indeed down very far compared to prices on December 17, 2017, but it has already happened in 2014 where the price of Bitcoin dropped very far and it continues until 2016 and in 2017 finally Bitcoin prices start to increase again (it takes around 3 years to make Bitcoin prices rise). so from that, I'm sure the price of Bitcoin will increase again even though the time needed is not short.

First, thank you so much for this, you made a great opinion. Second, i also have the same thought with you, i think its a normal for bitcoin to have fluctuative movements like that because of many factors that involved in it. But,some people still easily get panic attack everytime the price of bitcoin is not going like what they want. As a person who believe in bitcoin im sure that bitcoin will be fine.

[Dirk2017]

This unnatural fall is most probably due to market manipulations by the Big Investors or whales but it will get sorted out in some time, it always does. We'll see green days again in crypto and Bitcoin will be fine.

I agree with you mate, no matter what heppens bitcoin will always be bitcoin, if it falls down dont panic and worry because it will not falls down until the end of the year, keep hodling it and keep waiting, bitcoin will recover it will rise again. Just be patient.

[jdiieue123]

The indicators you give are also examples, of course, human reason is always worried about the problem they put too much money and time if the results are bad, will be regrettable. For the current increase and decrease in Bitcoin, there are many unpredictable changes in the future. However, no one is sure that Bitcoin will die so do not worry too much.

[Maamejane]

Worry yourself no more, just allow bitcoin to run it course it has the potential to hit $19K and probably beyond just give it some time. Do not panic for it will be happening sooner than you expected.