Peak get lower and lower, and dips get worse

[BitcoinHunt3r]

The market trend can certainly repeat itself this year just as it did last year. The final quarter of every year has been great for the crypto market since 2016. We are in the final quarter of the year and the market trend for bitcoin looks similar to what happened last year. I believe there would surely be a higher peak before the year ends.

Everyone believe it, hope market not crush everyone's dream.  Bitcoin already get it's new peak every year until now, but in this 2018 we must accept whatever will happen with bitcoin and keep support it.

[1714728103]

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[Marbelli]

I do not think that the price will start to fall below 6k dollars because it is a very good coin which undoubtedly has a very good future

[MelodyCrypto]

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

Looks like your prediction was off, now the bitcoin value has gone stable in $6300+.
You cannot compare btc price on only 1 year. If you see the bitcoin value from the past years, the peak always gone higher than the past year.

for those who buy Bitcoin in 2017 currently only get a loss, but there are many who get rich suddenly because Bitcoin, they are the ones who buy Bitcoin in 2012 - 2015
an increase that is too fast may be the main reason why the price of Bitcoin continues to decline so far, I think this is a natural thing

[andika2018]

Bitcoin price at $6400 is not a sign of death. Bitcoin already make tremendous movement in 2017 and the price start $1000 early 2017. I dont believe bitcoin will be death, current condition is not good but if we remember 2017 market cap and price, condition righ now much better than early 2017

[VanityWallets2015]

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

Before investing into bitcoin, I was told to keep this thing in my mind that I need to be very clear about this that bitcoin is a decentralised and volatile crypto currency and volatile nature is the reason for the flactuation in the valuation of bitcoin and moreover the valuation of bitcoin is subject to market risk and varies according to market demand and supply as from the beginning of this year the valuation is getting lower and lower but there is nothing to worry about as the valuation will definitely going to inflate in the future.

[MbakNarti]

Many people think that the decline that happened this year will make bitcoin die, trust in bitcoin starts to fall and some bitcoin owners think that bitcoin will not rise as high as it did at the end of 2017 where bitcoin reached $ 20,000. But I feel that this is the bitcoin that we must understand as a long-term investment, so they lose confidence in bitcoin and slowly leave bitcoin, but I am still confident in the strength of bitcoin and will continue to be patient, because I believe the bitcoin price will rise much several years to come.

[bitcoinVPSD]

It is not a long and slow death. . Perhaps the bitcoin value is going to follow the same rules as in previous years. Prices will rise sharply by the end of the year and will drop early next year. Bitcoin is attracting a lot of investors. Investors still keep bitcoin. All are waiting for the end of the year. The market will soon grow strongly at the end of the year and I guess the growth of each year is different.

[cryptodv]

There has been news of a lot of $BTC OTC transactions lately. I don't know how much that is affecting the price. Good news is that more institutions are about to incorporate crypto leading to wider adoption. Only time will tell. 

[ShowOff]

It is not a long and slow death. . Perhaps the bitcoin value is going to follow the same rules as in previous years. Prices will rise sharply by the end of the year and will drop early next year. Bitcoin is attracting a lot of investors. Investors still keep bitcoin. All are waiting for the end of the year. The market will soon grow strongly at the end of the year and I guess the growth of each year is different.

As long we still hold and investor still keep their bitcoin,  nothing to worry about price. Bitcoin price always down and up but it keep increased year by year. For who believe with bitcoin they might be already took profit if they want.

[89shaky]

It seems to me that you are making hasty conclusions. I do not agree with your opinion. Today the price of Bitcoin is $ 6,369.7, but this does not mean that in the future it will only fall. You can not draw conclusions, given the data in just one year.

[absurde]

I learned someting at crypto market, when you despair of any project or what else , doesn't make any sense. You should be hopefull cause you are buiding the future.

[Harrisonimo]

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

The bitcoin dips have being maintained/sustained for a particular period in this 2018. As much as this isn't good news for most of us, there are still other avenues of making real cool cash still in this cryptocurrency markets. Just within this week alone, I have seen some tokens that made a leaps of +289% and +1130% increase! Imagine having a reasonable unit with you while the increase happened... You won't definitely complain much about the dips of bitcoin.

[alex_gr_cc]

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 do not agree with this statement. Bitcoin is already used a lot for payments. I personally know a lot of such services, where bitcoin can be used for almost anything. But as an investment, bitcoin is also good. His growth is a matter of time.

[Glutius]

This development schedule doesn't really inspire hope, but I think we should continue to believe in bitcoin and invest. It will survive this difficult period and will continue to grow in price again.

[Udrujec]

Don't stop believing in bitcoin. Yes, the price is now developing very slowly, but the technology itself is improving. And this most importantly. And the price will eventually come back to normal.

[ngerok]

Don't stop believing in bitcoin. Yes, the price is now developing very slowly, but the technology itself is improving. And this most importantly. And the price will eventually come back to normal.

price drops greatly affect the value of the investment and many people leave bitcoin. if we are able to think intelligently, it must be done in the cost of buying and saving in a declining market price. never fear that prices will move the most important thing is that you hold bitcoin.

[KrishaBitcoin]

I like the graph .Over all were in a bear market since febuary .We should start to see a increase in the price come September with the etf speculation.  

Currently still not working as bearish market is still in effect and ETF products are subject for final review after it was rejected but hopefully that the SEC will favor it and accepted it by this month to see if there is really a positive effect that it may trigger the bullish run for the Crypto market if it will be finally approved. Lets wait and see then.

[drachman]

The OP is just exaggerating like most people that are predicting the death of bitcoin, nothing even close to it is about to happen, it is true the price is not improving but that is just natural after the huge bull market that we saw at the end of the previous year, the only thing we can do is to wait until the market recovers and unlike the OP I believe there is going to be a recovery.

[sinkfish]

lower peak doesnt mean the market getting worst. in fact the valley getting shallower. comparing oct 2018 and oct 2017 , bitcoin price is maintaining. which is a good thing, for now. it might be repeating last year pattern. 

[onrise]

lower peak doesnt mean the market getting worst. in fact the valley getting shallower. comparing oct 2018 and oct 2017 , bitcoin price is maintaining. which is a good thing, for now. it might be repeating last year pattern.  

This is very much possible as we have now enter the November we might see much run to happen and market to start picking up before ending the 2018. We might see btc to 15k levels as well if things remain smooth and bull run takes place in this 2 months. This is also the best time to buy the tokens and coin ate lower rate rather than waiting for buying at high price.