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Author Topic: Don't worry, Bitcoin will be fine.  (Read 7889 times)
Bughah
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August 11, 2018, 06:56:48 AM
 #701

It is not the big question that bitcoin will be alright because we all know this but the question is how much time it still take to came back in the market like before.

It is not necessary to be worry we all know how many times the price of bitcoin declined but still exist.Hoping that the price will high back before 2018 end.
tonlong
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August 11, 2018, 07:19:39 AM
 #702

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.

I agree with you because the current Bitcoin is not good but in terms of Bitcoin milestones, we can see the increase and decrease but the beginning of the year so far the price is pretty much but we can rest assured the price will be good and go up to the moon again. And i believe as you talk.
Nonie
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August 11, 2018, 07:21:41 AM
 #703

yes right I agree, don't panic this will be fine. now is not the time to panic sell I think now is a good time to buy patiently don't look too much at the market that will only make you panic

RenzCoballes
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August 11, 2018, 07:22:22 AM
 #704

in fact bitcoin will be fine, there is nothing to stress over, the decrease in costs like this is as of now happening, really this is the best time for us to purchase and spare it, doubtlessly when the cost has gone up, we will benefit a ton .
umar22pk
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August 11, 2018, 07:29:05 AM
 #705

I’m quite sure bitcoin will recover & its drop is temporarily. Bitcoin have a large community so we are looking a huge volume & trader of bitcoin in all exchanges & out of them some panic seller are the major cause of dropping bitcoin.
But we haven’t worry of this situation & we will see again pump in the bitcoin market.
Dark_raven007
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August 11, 2018, 07:29:34 AM
 #706

Thank you for sharing your thoughts and optimism. I am really worried now, as I observe a very large price drop. I hope that by the end of the year the situation will improve
SaraPowell1212
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August 11, 2018, 07:39:15 AM
 #707

Imagine BTC has a rubber band tied to it, with alts in the other end. Wait for the boiiing Smiley

CharlieAdoring
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August 11, 2018, 07:48:20 AM
 #708

So thats only as far as you know. None of your altcoins are yet comparable to bitcoin in terms of length of chain, PoW infrastructure, real world stress tests(working at ~2500 Tx/Block and not being defrauded/ hacked), security and decentralization You think all alt coins can do the same because they all CLAIM that. None of them have gotten even close to that scale to prove anything. Only ETH has and everyone knowa the kind of sexurity problems it has faced. You still wanna bet against bitcoin. Most welcome!

Sergio444
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August 11, 2018, 07:58:26 AM
 #709

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.

Currently, there is no positive news for bitcoin. All that we hear these days are governments banning the use of bitcoin in their countries and FUDs. But as earlier said, bitcoin will be doing fine soon. I have hope because there have been worse days in prices fluctuation and investors survived those days as well. The problem is that, bitcoin is been sold too much instead of hodling.
Tukang Becak
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August 11, 2018, 08:01:26 AM
 #710

Bitcoin has become accustomed to dropping, even last year when china banned bitcoin the price dropped more than 30% in a day, but recovery of about 3 months even skyrocketed, I am sure that this year also improved like last year.
catherinaos
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August 11, 2018, 08:05:48 AM
 #711

I also don't understand the general panic over the drop in bitcoin price. Look at the previous price charts and calm down - the price is still rising.
sieemma
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August 11, 2018, 08:18:37 AM
 #712

Yeah, some of us know it shall be fine with the way bitcoin price is fluctuating. Everyone at least expected something like this to happen so it is not too bad to see these things. In all cases, when the price of last year's is compared with that of this year, this year's price is more than 4 folds which means the price will surely rise at the die time.
Glorypaasa
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August 11, 2018, 08:20:59 AM
 #713

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.

i am sure that bitcoin now is goood than before because if you seee the value of bitcoin before you will see that its more high so if you have 1 or more bitcoins before you are rich until now because of the value just hold if you know that bitcoin will going to rise again.
letzdodiz
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August 11, 2018, 08:29:03 AM
 #714

Most of the traders for the most part panic when costs move in an undesirable bearing, however that is ordinary. As yet holding bitcoin as long as you can, and trust that the cost must go up. Without certainty, it's difficult to make due in the bitcoin business, in light of the fact that the development is quick. Bitcoin is effectively presented to issues that influence costs, yet stays stable and dependably builds costs.
malbterxic
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August 11, 2018, 08:30:10 AM
 #715

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

the whole point is that those people who panic when the BTC rate falls are not skeptics, they are those who do not even understand what bitcoin is and why it grew earlier and then began to fall. just this is far from investment people.

teioaie9837
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August 11, 2018, 08:31:18 AM
 #716

My belief now is that Bitcoin does not collapse over the years. Bitcoin remains as a monument to stand in the middle of the cryptocurrency market. Although the Bitcoin Index is falling, its value is still very high and top of the charts.
rinkeshkashyap01
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August 11, 2018, 08:43:44 AM
 #717

All we need is being patient and wait for the bull season.Bitcoin draws the same graphics almost every year.Price can drop sometimes, the volatility is the nature of this market so there is no need to panic.No doubt that Bitcoin will fully recover. But the main question is when will it happen?
Syarief28
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August 11, 2018, 08:49:56 AM
 #718

When you buy Bitcoin, Yes, I will not worry about seeing a decrease in bitcoin prices, because we believe that the price of bitcoin is rising and falling is also good, so we are still waiting for a higher selling price
and it's better if bitcoin is rising
zedrickjuls
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August 11, 2018, 08:50:53 AM
 #719

Sudden fall of bitcoin price is a normal scenario in bitcoin and it is normal also for us to feel disappointed with our investment,but the best way we can do is to stay calm,do not sell your bitcoin at low price then regret later.

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gjaoirlaj9865
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August 11, 2018, 08:55:51 AM
 #720

Bitcoin's drastic change, unlikely to be good or bad, demonstrates a collapse of belief in human society: away from the financial institutions set up by the government and the hope of operational systems. based algorithm. The core issue of currency today is that people are forced to believe that it will work.
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