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Author Topic: Peak get lower and lower, and dips get worse  (Read 21989 times)
Vulcansalute
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August 13, 2018, 02:29:26 PM
 #61

thats the issue. Most people are here only for the profits without pushing the message of what btc is really about and a s long as it continues to be like that, the current trend will only get worse. we need to push further for the adoption of btc. developers and partakers alike, not just the buying and selling of it.
Kprawn
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August 13, 2018, 02:54:42 PM
 #62

Let's be honest for one moment. Do you think the $19,000 was natural adoption or just speculators pumping the price to

unnatural high levels? We are not losing "Bitcoin believers", we are losing speculators and that is not a bad thing. These

speculators have no long-term goals for Bitcoin the technology, because they want to come into make a quick profit and then

they want to move to the next commodity for some new profits. Let them go, we need people who want to buy Bitcoin,

because they want to use it every day and they also believe in it's future as a store of value and as a new payment option.

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dario.93
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August 13, 2018, 03:01:51 PM
 #63

Quite discouraging to be honest but I'm thinking that just the same way how it goes down it can go up, and we will see that pass in the opposite direction, the deep's will go higher and peeks also higher.
Reid
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August 13, 2018, 03:19:18 PM
 #64

Some people just see it the other way but for me it is all just fluctuation because of the buy and sell.
It is just a larger amount since it can be easily accessed unlike gold where you have to go through so many papers.
Same with paper money which is inflating. With bitcoin we just got a number of it. So any small amount can affect the market.
Gotumoot
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August 13, 2018, 03:25:38 PM
 #65

thats the issue. Most people are here only for the profits without pushing the message of what btc is really about and a s long as it continues to be like that, the current trend will only get worse. we need to push further for the adoption of btc. developers and partakers alike, not just the buying and selling of it.
Tbats the problem with people that only want to earn but dont support bitcoin. Bitcoin is volatile, it means that its price is rapidly changing and its unpredictable to know if its going to increase or decrease, and ita normal. All investments goes ups and downs, so what going on in bitcoin is normal.
Twaterino
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August 13, 2018, 03:26:08 PM
 #66

Well most people who bought late 2017/early 2018 were new. I would be mad too if my investment vanished within weeks or even days.
Think about this: BTC price on august 2017 was around $4000 so we have still lots of margin left. Nothing to worry about yet. let's see what BTC price will be at the end of the year.
Dmitry.Vastov
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August 13, 2018, 03:59:12 PM
 #67

Peak - 16 Dec: 20.000$

Dip - 30 Dec: 12.600$

Peak - 6 Jan: 17.100$

Dip - 5 Feb: 6.900$

Peak - 4 Mar: 11.500$

Dip - 7 Apr: 6.600$

Peak - 5 May: 9.800$

Dip - 28 Jun: 5.800$

Peak - 24 Jul: 8.400$

Now we are at 6.200 going down to the next even deeper dip

This is the long and slow death of Bitcoin as there are not really anyone new who wants to use it (let's face it, there is no use at all, only "investment"), and as current Bitcoin-believers are slowly becoming fewer and fewer, the price will continue this long slow death-spiral
I think everyone is just troubled up with this issue only and moreover I am also very much worried that I had invested my money and till what time , I need to wait and to hold my bitcoin then I will get my profit and sort fromthisthis is also the fact that the bitcoin valuation has not deflated to that extent ever in his history as it is deflating and I am not talking about the individual ratio , I am dying this thing in relative of the past flactuation in the valuation of bitcoin.
anitaraymonds
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August 13, 2018, 04:14:48 PM
 #68

Peak - 16 Dec: 20.000$

Dip - 30 Dec: 12.600$

Peak - 6 Jan: 17.100$

Dip - 5 Feb: 6.900$

Peak - 4 Mar: 11.500$

Dip - 7 Apr: 6.600$

Peak - 5 May: 9.800$

Dip - 28 Jun: 5.800$

Peak - 24 Jul: 8.400$

Now we are at 6.200 going down to the next even deeper dip

This is the long and slow death of Bitcoin as there are not really anyone new who wants to use it (let's face it, there is no use at all, only "investment"), and as current Bitcoin-believers are slowly becoming fewer and fewer, the price will continue this long slow death-spiral

This is looking as we are seeing the lowest value of bitcoin. I feel that we need a strong news infavor of cryptocurrency to stem the tide of this sliding.  The ETF which should have bring the powerful news was postponed till September  by SEC and nobody  knows what may be the outcome during the next appointment. The future to me looks bleak for the price of bitcoin.
CLAID
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August 13, 2018, 05:10:59 PM
 #69

Best thing to be is be patient and Waite until it rises like all investment assets if we consider Bitcoin as one it has price variations too so even now the market price is low it doesn't mean that it will be there forever so have faith and hold you investment won't in vain   
darkangel11
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August 13, 2018, 09:28:02 PM
 #70

If you guys focus on this short period it will always bring you into the same conclusion which is that you should stay away because it's dying. Spend a while and turn into 1 day chart and you'll see that we've already broken that initial sharp line of decline. If you draw a line from the peak price along the highest points, you'll see that if we were to follow it we'd be at 3k USD right now. Every correction in the end forms a U shape pattern and we seem to be at or very close to the bottom right now.

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AutisticKid007
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August 13, 2018, 10:44:50 PM
 #71

This report really make me upset. Like me there are so many people have trust on bitcoin. Though time is not running in favor, but we all believe that bitcoin will turn and raise again.
Kidmat
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August 13, 2018, 10:51:53 PM
 #72

The current situation is really disappointing price in the market seems going lower. We have choice to be calm and hold our btc than to be in panic sell all of what we have. I think their is really needed a good news that can rise the price.
DAVETUN
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August 13, 2018, 11:05:26 PM
 #73

This give more opportunity to invest, now is the best time to research and ensure you  accumulate more Bitcoin, as we are have panic selling, am taking advantage of the moment in other to smile in the near future, Nothing to panic about.
tabas
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August 13, 2018, 11:07:31 PM
 #74

This is the long and slow death of Bitcoin as there are not really anyone new who wants to use it (let's face it, there is no use at all, only "investment"), and as current Bitcoin-believers are slowly becoming fewer and fewer, the price will continue this long slow death-spiral
FUD alert.
Not really "anyone" who wants to use it? well you can count on us that are still here holding and using it for some of our payments.

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tkaush
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August 14, 2018, 02:19:49 AM
 #75

In these days everything is against cryptocurrencies I think that is the main reason for these kind of drops and this will keep going if these things doesn't stop and if that happens many investors and traders loose there money forever so we should wish for the best   
BAGOBO
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August 14, 2018, 03:16:35 AM
 #76

The current situation is really disappointing price in the market seems going lower. We have choice to be calm and hold our btc than to be in panic sell all of what we have. I think their is really needed a good news that can rise the price.
this is the true nature of bitcoin price movements on the market, it can go down with a long duration and can grow quickly. Are you starting to doubt about bitcoin for now? It is clear that selling will have a bad impact on you which will cause losses. wait for the market to grow to start selling now it's time to buy.
dohh
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August 14, 2018, 04:37:14 AM
 #77

Peak - 16 Dec: 20.000$

Dip - 30 Dec: 12.600$

Peak - 6 Jan: 17.100$

Dip - 5 Feb: 6.900$

Peak - 4 Mar: 11.500$

Dip - 7 Apr: 6.600$

Peak - 5 May: 9.800$

Dip - 28 Jun: 5.800$

Peak - 24 Jul: 8.400$

Now we are at 6.200 going down to the next even deeper dip

This is the long and slow death of Bitcoin as there are not really anyone new who wants to use it (let's face it, there is no use at all, only "investment"), and as current Bitcoin-believers are slowly becoming fewer and fewer, the price will continue this long slow death-spiral

Good, You are smarter, than average. This is a bouncing of dead cat and every following peak will be lower, than the previous. It will be end about March next year. Finito.
Teriyanone
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August 14, 2018, 07:48:32 AM
 #78

Investing in Bitcoin is not a 100 meter race anymore it is a marathon you have to be steady until the end and should prepare to sell when the right time comes even it takes one month or two to three years you should able to hold and Waite and that is the only way we can earn a considerable amount     
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August 14, 2018, 08:20:30 AM
 #79

maybe you know everything is very bad now but in the future everyone will get their tidbit

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August 14, 2018, 08:24:33 AM
 #80

Now Bitcoin's price: $6 062,30 and of course there is a very high probability that Bitcoin's price will continue to fall.
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