A challenge from bitcoin in 2018

[Charles_Summers]

Huh, I'm guessing you're new to the cryptocurrency market. Or you just weren't taking stock. Bitcoin has actually seen more devastating times. At such times, many speculators and observers were very confident that it will not recover. And they sure were wrong. I agree that only the strong stubborn investors will remain in times like this. I believe Bitcoin will only grow more and more in value. Only the resilient will enjoy the profit then.

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[Teh-pucuk]

in fact, we must be able to take advantage of the current situation to be able to collect a lot of coins because the price is quite cheap. with this cheap coin we can invest for the future

[Kinslayer292]

It is too early to sum up the year. I think the growth of bitcoin will begin in the autumn and at the end of the year we will be surprised.

[Baofeng]

This year the price of bitcoin has dropped for a long time, and don't know how long bitcoin will be like this. I think this is a year of challenge from bitcoin, those who are strong will stay here and the weak will leave, this will be an option to determine the future.

What do you mean a challenge? Bitcoin has seen worst, although most of us was not still in the market when the market crashes in 2013-2014. But it proved has it is so resilient with this kind of situation. All we can do is wait and have patience before we can finally see some semblance of recovery. That's how the game is being played right now, if you are weak and can't stomach what's happening more than half of 2018 then you should really leave. Its not for the weak of heart.

[jakelyson]

This is a vicious cycle in bitcoin. Every time it hits a new all time high, it dumps the price by more than 50%. But I do not see the price right now as bad. Actually, if you compare the price last year, the same month, it is still in positive. Those who says the current price is bad has not been here when the price was just in hundreds. I see the price still above 6K, I am happy even it is a bear month or year. I know at one point it will turn around and it will be bull again.

[kryptqnick]

This year the price of bitcoin has dropped for a long time, and don't know how long bitcoin will be like this. I think this is a year of challenge from bitcoin, those who are strong will stay here and the weak will leave, this will be an option to determine the future.

Even though a lot of people lost their investment capital due to the drop, I think it is a very good thing it happened. The price should be real, established by people who understand what blockchain is, not just want to invest to become rich. The current price is what bitcoin community mainly believes in and the fact that some small good and bad new cause 20% increases and decreases only proves it. Once more people get to know this technology for real, the price can go up to $20k, but this time without going down when some half-fake news about govs banning ICOs occur. We have to be patient and not care about the price in usd much. After all, dependence from fiat is what we are trying to refuse.

[Fretcy]

  I think This year Bitcoin has been a challenging year  since  2018 till now the price of Bitcoin is decreasing showing no traces as previous year increase . So due to this depreciation of price we can guess that the weak will be leaving and the strong will be there to determine the future of Bitcoin. Bitcoin was designed to benefit people across the world some countries do not welcome Bitcoin .Bitcoin mining consumes more energy we can wait and see what will happen to Bitcoin this year .

[ceomedia1997]

I am very interested in bitcoin prices before the SEC date. This may cause it to be rejected @@ in the period from June to now my property number has lost about 50%! I still think bitcoin is a promising land but should be released temporarily to preserve money waiting for price stabilization and buy back.

[MasterChambers]

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[Bugatti73]

This is a vicious cycle in bitcoin. Every time it hits a new all time high, it dumps the price by more than 50%. But I do not see the price right now as bad. Actually, if you compare the price last year, the same month, it is still in positive. Those who says the current price is bad has not been here when the price was just in hundreds. I see the price still above 6K, I am happy even it is a bear month or year. I know at one point it will turn around and it will be bull again.

Most of all, those people who bought bitcoin at their peak in 2017 are nervous. And they can be understood. This is a colossal loss.

[Red-Apple]

this year is more like the year of opportunity for all those who missed the chance to buy bitcoin because of the fast rise to the moon. the market has given them a great deal to get back on board of bitcoin before it rises back up.

it is like the 2014 discount that price went a lot under the real value of bitcoin just to give people the chance to buy it cheap before it goes from $150 to $20000

[Allaboutcryptos12]

2017 is the best part of bitcoin and cryptos mostly each every person got some awarness what is bitcoin due its high price ever. From the start of 2018 price has fallen down it is taking long time to gain again. Yes its a challenge for btc holders but bitcoin has also faced many such challenges long back. iam confident btc will hit high by the end of the year

[paulwdc]

Bitcoin price is down since 8 months but in July we see little uptrend now again market near $6500.this is battle between strong and weak holders also many smart trader making profit from small pump & dump because they are using support and resistance strategy. In upcoming months we can see good hike of bitcoin if ETF happen successfully.

[Lucasmcdonnell87]

This is the hard challenge of bitcoin in 2018. Competitor cryptocurrencies such as Ethereum and Ripple coins are getting more popular than bitcoin. In fact, they are seen to provide better solutions such as a faster speed of transaction and lower transaction fees.

[alinalovedoogie]

I think the price of bitcoin is going to stable. I also believe the price will increase end of the month. Its not a challenge for me. I trust this coin.

[Stuart_Shook]

Sometimes things go up, sometimes things go down. This is how everything behaves in real life. Bitcoin is taking it's first solid dose of reality here as it normalizes. Statisticians call this regression to the norm. After something does really well, its performance decreases for a time. After something does really badly, its performance increases for a time.

It's not a cause for panic. We've gotta just hold onto our heads and watch the price. It has a perfectly good reason to go up again in the future, but it just might not happen for a while.

[Wandly]

I feel like the challenging period for Bitcoin was from January 2018 to May 2018. Now; Bitcoin prices are looking pretty good to me; though there has been a fall in price recently still it has managed to recover quickly. Hopefully; in coming days it will again reach new heights.

[Candepoccus85]

Bitcoin is quite stable now and hovering around the support of 7;500$ to 7;800$. Definitely; it has been a challenging year for Bitcoin after dropping from 20;000$ mark last year but to be honest; it has recovered quite well and still recovering as I am typing this sentence. Hopefully; it will keep rising like this till the end of this year.

[anrian062]

This year the price of bitcoin has dropped for a long time, and don't know how long bitcoin will be like this. I think this is a year of challenge from bitcoin, those who are strong will stay here and the weak will leave, this will be an option to determine the future.

i personally think its just finding their equilibrium state of value. Last year is just a party/bubble for cryptos. You wont see btc value to increase or decrease significantly after their has reached their actual value. But dont worry that btc will going to moon given their reserves and more people to get in touch with crypto every year.

[johnokeefe09]

In recent time bitcoin is not in a good position because this coins price falls down. It’s not a good sign for this project and i think it will be the challenge for bitcoin in 2018.hope price will rise again.