Bitcoin Market is down.

[MyNameIsAlex]

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.

in my opinion this is commonly referred to as the "Bitcoin Bubble", a price condition of a commodity skyrocketing to form a bubble, which is feared to break at any time, and this concern finally occurs.

I feel that if Bitcoin during 2018, investment in crypto currencies will still be a trend and will not hurt at all. and I didn't deny that the worries about bubbles made sense. "Seeing this number makes you think that it is not guaranteed anymore (the incident) this is a bubble, because this huge growth has never happened before.

so this is the core Crypto currency is still predicted to be a sexy investment but still risky, and I also really hope that the events in 2017 will be repeated at the end of 2018.   

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[warkop121]

I heard about bad bitcoin issues and lowered the price of bitcoin, but later bitcoin will grow and be good to take and make investments with bitcoin prices down. I am sure the bottom has been touched and the next kickback will begin. The next part is not too far away, so I hope that prices continue to rise until that time. I know many new investors sit at a huge disadvantage now but if they are just patient and continue they will finally see good profits.

[LOVEUMUM]

Even as i look critically at the trends of market form 2009, it has not being easy for bitcoin but it manged to strive tothe peak in 2017 and that brought a sounding hope to all those who joined from last year but it seems things has turned upside down but lets not forget that no matter the FUD, bitcoin will stand soon. The market will turn for good.

[vfrcbv911]

I think that in 2019 the market will be green again. We may not see a 19-fold increase last year, but I think$ 20,000 in bitcoin will grow for sure. IMHO

[Aragorn_125]

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.

I agree, currently the cryptocurrency market is not in the best condition as big problems are experienced in the economy in the crypto market, and in General cryptography.

[kucritt]

there are many things that affect bitcoin price the big factor is because of the dmeand of bitcoin is down, there are people that dont believe in bitocin anymore and dont want to buy bitcoin again, and some investor is quit from the bitcoin because of this issues and i think it affect the bitcoin price right now

[asadbd1]

Various reasons for the massive drop in BTC’s value this year. There are the issues of weak global regulations of crypto markets, causing a loss for about 30% of the coins traded on the exchange. People just do not trade on Bitcoin now, There are now a lot of coin coming in the cryptocurrency market. Which is a reference to decreasing the cost of Bitcoin.

[saumang2m]

Yes you are right. At this time Bitcoin is running below the market.Because this time the price of Bitcoin has gone much lower. And this has not happened for the first time. Every year there are few such days. When Bitcoin's prices are down. But we do not need to panic at all. Because the price in Bitcoin is not the same all the time.

[genuin]

We must understand that the increase in bitcoin in 2017 will definitely have the same decline. Bitcoin price movements are unlikely to always increase. maybe this year and the coming year bitcoin will experience a sharp decline. But for the next 4 to 5 years how do you think bitcoin prices are?

[Roboabhishek]

Yes, I think that crypto market is down for now and majority of the altcoins were also currently on dip due to bear market. I believe that market is under major adjustment that may take longer. Perhaps, most of the people are already used to it and must not do panic selling in situation like this instead they should have to hold their cryptos for good while waiting for the complete recovery.

Yes market is down nowadays but this situation will get good again after some time china gets of all the regulations for BTC trading and transaction . I think that maybe 4 or 5 months we can get our market back running smoothly and all the coins having good market value .

[Bitrecords]

Yes, today is here. This is a clear distinction. But this is not a weakness bitcoin. And not failure. Today it is a decline in the market. I think that bitcoin in the future, the price of the market will be higher than in the previous year. Everybody is waiting for the previous success. Investors faced many problems due to bitcoins on the market today. Because they have to wait today.

[Raki]

 I think it is very normal to bitcoin to fluctuates its price to unexpected price. Many people really dumped teir bitcoins this year but I still believe that bitcoin will recover its price soon or before the end of the year. Let us all hope that it will reach again its ATH this coming december

[rinkeshkashyap01]

Yes, for now so many crypto market is down.Maybe, sometimes i really get so frustrated about the price of bitcoin (and also with other alts), there will be always this reason to still believe that bitcoin it still in top one.So we have enough time to buy bitcoin and then sell it when the price is already high

[rasp]

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.


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.

I still can't figure out the feelings of people who bought btc when it was around $20k.
What made them do such an unexpected investment? Did they really believed the technology or this was just an impulse they are regretting now? And how much time would take for btc to reach at least the level of late 2017?
All these questions are so hard to answer..

[nabilanur]

Sure and also I do believe it is because regarding in which didn't agree with bitcoin, yet I`m sure that bitcoin will probably be retrieved at the earliest opportunity as a result of several possibilities in which exposed about it.

[chezarjuli]

I think now is the 2014-2015 hence we are likely to see rapid growth 2020-2021 year, but it's a bit of investment I think !

[GizmoCoinTEAM]

This is not the first time the market has been down, price reductions are common in crypto, and we should not panic facing the current market situation. I think this year is a difficult time for bitcoin investors. Don't be upset. If you business in this crypto market then you remain in beleif at first.

[ExceedBlue012]

Market means business and in every business ups and downs are the essential part and they are attached to each other so it is not a big deal.

[norachuks]

let's just hope for that but i doubt that just a thing will happen but if it does that will really be awesome and exciting for all.

[vnck25]

Thank you for sharing this information. Yes, the bitcoin market is down but I think this trend is normal to any market. It is called the market cycle and obviously after the huge run up to $20,000 back in December 2017, bitcoin has take a huge correction and currently in a consolidation period. I am sure that with a solid technology like blockchain technology behind it bitcoins and other cryptocurrencies will never die out. They will rise again to reach newer heights. As we investors we need to understand the inherent nature of how these volatile entities behave and hold on till the next bull run takes place.