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Author Topic: Bitcoin Market is down.  (Read 5721 times)
Aragorn_125
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September 12, 2018, 02:13:26 PM
 #621

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.

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September 12, 2018, 02:19:59 PM
 #622

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

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September 12, 2018, 02:21:42 PM
 #623

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.
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September 12, 2018, 03:53:35 PM
 #624

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.

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September 12, 2018, 04:01:01 PM
 #625

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?

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Roboabhishek
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September 12, 2018, 04:14:27 PM
 #626

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 .
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September 12, 2018, 04:14:53 PM
 #627

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.
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September 12, 2018, 05:07:21 PM
 #628

 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
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September 12, 2018, 05:10:01 PM
 #629

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
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September 12, 2018, 05:11:47 PM
 #630

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..

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September 12, 2018, 05:14:48 PM
 #631

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.
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September 12, 2018, 05:15:35 PM
 #632

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 !
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September 12, 2018, 05:31:04 PM
 #633

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.
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September 12, 2018, 05:57:31 PM
 #634

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.
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September 12, 2018, 06:28:54 PM
 #635

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.

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September 12, 2018, 06:36:58 PM
 #636

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.

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September 12, 2018, 06:48:25 PM
 #637

I also think that we will see new bull race, but only in the end of 2019. But before this happen, Bitcoin will crash lower than $ 2000 by June of 2019 and all another altcoins will follow it. That's why now it is better just to short everything.

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September 12, 2018, 06:54:27 PM
 #638

Yes, right now bitcoin market is down but we saw it already many times until now.
Each time bitcoin market recovered so I don't worry to much.
Of course, any market have risk so be careful and don't invest money you can't afford to loose.
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September 12, 2018, 07:00:50 PM
 #639

Yes, right now bitcoin market is down but we saw it already many times until now.
Each time bitcoin market recovered so I don't worry to much.
Of course, any market have risk so be careful and don't invest money you can't afford to loose.


I believe that Bitcoin will recover, because people will not just abandon it. Bitcoin will be back that is for sure, if you have followed the Bitcoin chart a very long time.

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September 12, 2018, 07:14:26 PM
 #640

I also want the same thing with you. I hope Bitcoin will soon recover and return to its golden age in 2017. I have assets in several coins whose value continues to decline. But I will keep holding it. I will wait until Bitcoin rises again. I still believe that Bitcoin will show its strength. Sooner or later, I'm sure Bitcoin will return to its heyday.
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