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Author Topic: Bitcoin Market is down.  (Read 6242 times)
Ptrck
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August 26, 2018, 03:17:36 PM
 #41

Its really been a tough year for bitcoin holders but then, we all know as wise people knows how to properly handle this kind of circumstances. We always hope that bitcoin will always get better at times. In fact, its not actually new to happen as that's how bitcoin market really works. There could be a bad days and a good one afterwards.

According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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BrewMaster
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August 26, 2018, 03:23:40 PM
 #42

It seems to me that the growth of bitcoin will occur when most people are already losing hope. This is what whales seek. Now everyone keeps the crypto currency, but people will sell it day by day.

it is what everyone wants because it is not about people losing hope it is about weak hands losing hope and exiting the market. and the result is that when the market is empty of panic sellers there is no more manipulation opportunity left in the market so there is no way to go but up.

There is a FOMO brewing...
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August 26, 2018, 03:33:29 PM
 #43

It may take another year again before we see the same growth spurt that we saw in 2017. That is what I observed with the cycle in the price of bitcoin. That is why even if the price of bitcoin keeps dropping, I am not panicking. The price will pick up again in a year or two.
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August 26, 2018, 03:35:57 PM
 #44

bitcoin in 2017 obviously increased so fast and in early 2018 bitcoin dropped to the day, with the various issues that dropped bitcoin and the latest news I heard that there was one of the many bitcoin holders who made so much chaos on the bitcoin market that bitcoin continued down, hopefully early 2019 bitcoin will come back victorious.
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August 26, 2018, 03:58:17 PM
 #45

I indeed thought that bitcoin will start to hike gradually before I left. Now I think that it was too early to expect a stable ground that fast. But I have no regrets on spending my coins for educational purposes. I do need need for expenditures.

I also believe that no one can really predict prices. People should just get used to it and make cryptos a part of our daily lives. It is easier that way than stressing ourselves about hikes and dumps.
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August 26, 2018, 04:17:55 PM
 #46

The bitcoin market is down and underdeveloped, so many people panic and release their tokens.
But when viewed from years ago though down there is a chance to get better. Only patient wait will be better. Soon the market will give a surprise to crypto lovers.

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PedroSuketteki
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August 26, 2018, 04:26:08 PM
 #47

I also can't figure out why the price is currently down all. What actually affects the price goes down
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August 26, 2018, 04:36:05 PM
 #48

It depends on how you define down. To some, bitcoin is just undergoing correction, which is normal in any trading market. Next topic...Bitcoin market is up.  Cheesy

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jeromix
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August 26, 2018, 04:39:15 PM
 #49

This year has been a bit challenging for bitcoins as well as Ether to survive. Bitcoins are facing a quite low price now and also i think that most of the investors have taken their money off bitcoins.

Here is the graph showing us the price for bitcoins from 2009 to 2017


We all know that bitcoins really pumped a lot in 2017 but from the starting of 2018 bitcoins are low. A lot of FUD was been created and bitcoins really faced a lot of difficulties. Price for bitcoins at the starting of 2018 has been low similar to the year 2017.
I really hope that the price for bitcoins can again show us immense growth as it showed in 2017.
Well there are many things that could happen here in bitcoin investment and we could not expect things like bull market or any but i am pretty sure that bitcoin will not going to end. However, i am sure also like others speculated that there will be a bull run that will going to happen in the crypto market. Well there could be an increase gradually but not drastically on bitcoin market price.

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August 26, 2018, 04:43:26 PM
 #50

Not only bitcoin but all other altcoins has lost money too. The whole crypto market is just 1/4th of what it was at beginning of this year.
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August 26, 2018, 05:00:26 PM
 #51

2017 is good bitcoin pump year this year is only  bitcoin year.  But now bitcoin price is not high.  I hope end of this year bitcoin price high
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August 26, 2018, 05:08:37 PM
 #52

This year has been a bit challenging for bitcoins as well as Ether to survive. Bitcoins are facing a quite low price now and also i think that most of the investors have taken their money off bitcoins.

Here is the graph showing us the price for bitcoins from 2009 to 2017
https://encrypted-tbn0.gstatic.com/images?q=tbn:ANd9GcShUa2-hTHsG69oCYlE8CNerQlJXFkWwfOYXH79RQT1_3s7jBS_S2TQzrR-ug

We all know that bitcoins really pumped a lot in 2017 but from the starting of 2018 bitcoins are low. A lot of FUD was been created and bitcoins really faced a lot of difficulties. Price for bitcoins at the starting of 2018 has been low similar to the year 2017.
I really hope that the price for bitcoins can again show us immense growth as it showed in 2017.

The cost Bitcoin at the end of 2017 was manipulative and at 19K (December 16, 2017), without waiting for 20K, everyone started selling Bitcoin, which led to a collapse to 13K (December 22, 2017).
I think this is the reason for the rejection of Bitcoin ETF. Undecided

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August 26, 2018, 08:35:21 PM
 #53

bitcoin market going down has been very challenging and we have seen lots of panic here and there about the price of bitcoin falling. but this is just a setback which with time will come to an end. bitcoin has so much prospect and so we will see price of bitcoin rise again even far beyond the height it reached earlier.

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August 26, 2018, 08:51:36 PM
 #54

Yes, the Bitcoin market is currently running below. But it is common for any market to have an ups and downs. In a few days, by the end of the year, the Bitcoin market will reach its peak level.
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August 26, 2018, 09:01:46 PM
 #55

of course. I also hope that the price of bitcoin can show big growth as shown in 2017 Looking at the price chart, many people predict that the price of Bitcoin will return high by the end of 2018, hopefully this will come true
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August 26, 2018, 10:34:51 PM
 #56

This year has been a bit challenging for bitcoins as well as Ether to survive. Bitcoins are facing a quite low price now and also i think that most of the investors have taken their money off bitcoins.

Here is the graph showing us the price for bitcoins from 2009 to 2017
~ snip ~

We all know that bitcoins really pumped a lot in 2017 but from the starting of 2018 bitcoins are low. A lot of FUD was been created and bitcoins really faced a lot of difficulties. Price for bitcoins at the starting of 2018 has been low similar to the year 2017.
I really hope that the price for bitcoins can again show us immense growth as it showed in 2017.

Its been almost a year now, We all should accept the fact that we are in a bear market. Forgot about 2017 pumped, its different, many FOMO'd that year, good news coming our way (Japan entering the crypto sphere).

2018 is different, we may say that the bubble has been burst or investors no longer confident with the market, What we need is to just stay calm and let the market bounce back by it self.

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August 26, 2018, 11:17:18 PM
 #57

This year has been a bit challenging for bitcoins as well as Ether to survive. Bitcoins are facing a quite low price now and also i think that most of the investors have taken their money off bitcoins.

Here is the graph showing us the price for bitcoins from 2009 to 2017


We all know that bitcoins really pumped a lot in 2017 but from the starting of 2018 bitcoins are low. A lot of FUD was been created and bitcoins really faced a lot of difficulties. Price for bitcoins at the starting of 2018 has been low similar to the year 2017.
I really hope that the price for bitcoins can again show us immense growth as it showed in 2017.
Truly, this year has been very a different year compared to the past few years where the price was almost triple than the previous price but this year it just tell us that if someone was too high someone from the bottom will bring them down just to get to their levels. And that bitcoin suffer from this what we so called the bear market.
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August 26, 2018, 11:20:10 PM
 #58

There are some that bitcoin is not yet in a bearish market, from a technical analysis, the long term moving average is still in the highs. Hopefully, the prices  will spike soon again
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August 26, 2018, 11:21:00 PM
 #59

This year has been a bit challenging for bitcoins as well as Ether to survive. Bitcoins are facing a quite low price now and also i think that most of the investors have taken their money off bitcoins.

Here is the graph showing us the price for bitcoins from 2009 to 2017


We all know that bitcoins really pumped a lot in 2017 but from the starting of 2018 bitcoins are low. A lot of FUD was been created and bitcoins really faced a lot of difficulties. Price for bitcoins at the starting of 2018 has been low similar to the year 2017.
I really hope that the price for bitcoins can again show us immense growth as it showed in 2017.
you can see that the bitcoin after after 19794, thenated the next length not be used 7 months through the current and 6700 $. The field are in the period in the length period, do that can be transaction to be now to this time is very difficult. by the parse to the bitcoin 2018 last year will be been possible at the 4000 $ or least $ 2000. You are currently currently currently in the current time field should not be highly risk.
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August 26, 2018, 11:25:37 PM
 #60

Comparing the price of bitcoin from december 2017 to now, i agree with you that the market is down. But i think its very possible to invest and make some profit if you study the trend at which bitcoin trades. It is highly possible to make around 1.5% profit within a day (estimation)...
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