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Author Topic: Bitcoin Market is down.  (Read 4078 times)
vnck25
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September 12, 2018, 06:36:58 PM
 #641

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
 #642

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
 #643

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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rathaha10
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September 12, 2018, 07:00:50 PM
 #644

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
 #645

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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September 12, 2018, 07:21:12 PM
 #646

The market began to deteriorate again when it said that it had begun to be valued now. I do not understand why we keep going down like this. People are also afraid to invest. The new money entry is also less than the old one. I hope the market will return to normal as soon as possible.

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samsung001sss
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September 12, 2018, 07:40:31 PM
 #647

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 don't think the price of bitcoin will repeat 2017 prices in 2018. I am inclined to believe that bitcoin will start to grow only at the beginning of 2019. Roughly, when will Chinese new year, can even after him. But these are my assumptions. If we talk in General about the growth of bitcoin, it will definitely grow.

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September 12, 2018, 08:21:56 PM
 #648

no one knows about the market in the future, because analysis can sometimes be a lot of FUD so that the whales buy on the basis too Smiley
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September 12, 2018, 08:27:17 PM
 #649

Currently the crypto market is difficult to predict. Market conditions continue to change even in minutes and do not show in a good direction. Almost all coins are red. But it's okay. Later the market will improve. The time will answer. Stay confident that Bitcoin will rise again.
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September 12, 2018, 09:35:17 PM
 #650

you are indeed right with your ascertion on the fact that bitcoin is market value is down but the fact is that the downward trend of btc is not going to be for life. very soon it will rise again. so i will advise a good investor to keep their hope alive.
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September 12, 2018, 09:52:58 PM
 #651

Bitcoin market at present is down but it is not for long time. If we see the last history of bitcoin it happen several time bitcoin market ups and down. Its about coming lot of investor keep their invest still on bitcoin and they beleive market will green soon.

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September 12, 2018, 10:31:46 PM
 #652

Yes, the market is down but I believe it is only a temporary setback and that in due time we all would see bitcoin at a place where it ought to be in terms of value of course.
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September 13, 2018, 05:28:55 AM
 #653

the bitcoin market still down and for now, I think maybe the market will still down until the next year but we have a various price to reach and bitcoin will always up and down but never make the highest price like the last year. and maybe the highest price will happen in the next year because if we take a look at the picture, the increasing of the price in the last year is too high and it really makes shocked for most people. but lets we see what will happen at the end of this year and I hope that we can see bitcoin price will break $10k barrier.
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September 13, 2018, 05:59:34 AM
 #654

it seems like the price of Bitcoin has soared at the end of the year and dropped at the beginning of the year. various issues and factors that make Bitcoin prices go down this year. I only hope that next year there will be no issue that causes the Bitcoin price to fall again.
Yes bitcoin market is down. In comparison to. According to Last year profit record of it shows that in this year its profit is decrease approx 50%. When many big country denied or reject its proposal about trading in their country then the price of bitcoin affects and decrease. In resent forbes report when south Korea exchanged council ban its  trading in their country then their is approx 12% down fall seen in its price. Its volatile nature is one of the biggest reasons behind its downfall.

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September 13, 2018, 11:02:40 AM
 #655

I also hope like that, and I still believe that it will happen with bitcoin having a higher price than the price at the end of 2017, and we just need to be patient.
 Lips sealed Lips sealed
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September 13, 2018, 11:20:34 AM
 #656

The large number of whales sold in BTC led to a fall in BTC prices!
Although the cryptocurrency market continues to fall, the market value of BTC in cryptocurrency is rising.
On the eve of the next SEC's next bitcoin ETF deadline, market excitement may start to pick up.

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September 13, 2018, 11:25:09 AM
 #657

maybe bitcoin go to 5000$ and many altcoins will die. Market is very bad
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September 13, 2018, 11:28:59 AM
 #658

Yes, Bitcoin is down significantly now compared to 2017. Bitcoin is probably experiencing some problems, so investors have withdrawn their investment out of Bitcoin. However, I am confident that Bitcoin will solve that problem and Bitcoin prices will increase again.
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September 13, 2018, 11:47:48 AM
 #659

Yes, today the bitcoin value is a lot less. Investors only have to wait. Today, bitcoin is around $ 6450. It is a clear change in the marketplace. I hope this will be better next year. The investors do not appreciate this value at present. They are looking at the rising star in the market. Many people find it difficult to sell their bitcoins.

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September 13, 2018, 11:55:00 AM
 #660

Yes, today the bitcoin value is a lot less. Investors only have to wait. Today, bitcoin is around $ 6450. It is a clear change in the marketplace. I hope this will be better next year. The investors do not appreciate this value at present. They are looking at the rising star in the market. Many people find it difficult to sell their bitcoins.


While the other coins and tokens have been cratering, bitcoin has held relatively steady. It’s remarkable.Bitcoin’s resilience is very interesting and it underlines its brand strength and how key the bitcoin franchise is to the whole market.

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