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Bitcoin addresses contain a checksum, so it is very unlikely that mistyping an address will cause you to lose money.
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burky156
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August 30, 2018, 09:10:24 AM |
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The price is not falling. Look back last 3 months, all the altcoins went down but the Bitcoin has stayed strong and powerfull. So the price not falling in opposite way it is rising you will see. I would recommend you to buy or collect more bitcoin and you won't be regret.
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bob123
Legendary
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Activity: 1624
Merit: 2481
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August 30, 2018, 09:19:45 AM |
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IMO people do care way too much about the short term price.
If you are using bitcoin as a speculative investment or tools for trading, you might care about the price.. but that's not the intention of bitcoin.
If you are holding bitcoin because of the value you think it has, and if nothing fundamental changes.. what is then the reason to panic because of a decline in price ?
In the long term bitcoin will establish as a means of payment. Especially with all changes happening (schnorr, LN, .. ).
A decline in price would be just short term. The long term outlook is still very positive.
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BitNaija
Member
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Activity: 322
Merit: 10
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August 30, 2018, 09:19:58 AM |
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The lower the price the better it will actually be, because it will enable more and more people to be able to afford bitcoin and as well increase adoption into mainstream.
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Airbuxf
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Activity: 257
Merit: 32
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August 30, 2018, 09:21:23 AM |
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Bitcoin will still remain Bitcoin, doesn't matter if it will cost 1$ or 10.000$. The same coin, the same blockchain, the same privacy, the same decentralisation.
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hanxinvwang
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August 30, 2018, 09:23:40 AM |
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You don't have to worry about the price of Bitcoin, because it has a bottom, its mining price is the bottom of it, you should worry about the altcoin, because most of the valueless altcoin will return to zero as the market declines!
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Gururapyco
Newbie
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Activity: 67
Merit: 0
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August 30, 2018, 09:26:37 AM |
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IMO people do care way too much about the short term price.
If you are using bitcoin as a speculative investment or tools for trading, you might care about the price.. but that's not the intention of bitcoin.
If you are holding bitcoin because of the value you think it has, and if nothing fundamental changes.. what is then the reason to panic because of a decline in price ?
In the long term bitcoin will establish as a means of payment. Especially with all changes happening (schnorr, LN, .. ).
A decline in price would be just short term. The long term outlook is still very positive.
Bitcoin first intention was not to make money trading it but to change the whole spectrum of money as we know it. The fact that it did rise so much in value is additional. |
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GreenHarbor57
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Activity: 68
Merit: 0
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August 30, 2018, 11:37:17 AM |
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The fall of price is a normal thing and it can not make any harm to bitcoin because the market of it is not stable and every one know it very well.
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alroys
Jr. Member
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Activity: 448
Merit: 1
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August 30, 2018, 11:54:07 AM |
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I don't think bitcoin prices will continue to fall, because if the bitcoin price is low then investors will buy Bitcoin so the price will rise again, but if the price of Bitcoin continues to fall, maybe bitcoin will be abandoned by fans. but I don't believe that will happen, Bitcoin will rise soon.
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louie69
Member
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Activity: 322
Merit: 12
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August 30, 2018, 12:35:17 PM |
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I think that price of bitcoin had experienced a huge dip but I would say it is not falling behind. The only thing I had observed is that the down trend took longer time to revert back to the up trend mode. However, this fluctuations are just normal in the crypto market and for this year, the percentage of the down trend market had been higher than the up trend market. Moreover, bitcoin is now in the process of stabilization to gain more momentum for the next possible bullish run.
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Ayston
Newbie
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Activity: 203
Merit: 0
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August 30, 2018, 12:39:55 PM |
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If you observe things will you'll see that Bitcoin price is not falling continues, there are time wherein the price pump also, but some of us miss that timing because we are on work or doing important things...
Bitcoin doesn't drop the price since a lot of traders and investor are there...
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Cheezesus
Jr. Member
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Activity: 143
Merit: 2
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August 30, 2018, 12:48:38 PM |
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I think bitcoin now is rising and not falling, because it reached 7k mark yesterday and i really believe that history will repeat itself and bitcoin price will skyrocket when the ber months hits.
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bitterdog
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August 30, 2018, 01:09:42 PM |
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I think we can not immediately judge whether the price of bitcoin is falling or rising. Because if we looking back at the some point, it just a fluctuative movement, not a permanent movement. So, for this time i will say the same, it just the matter of time. Bitcoin will be fine. |
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uozer
Full Member
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Activity: 381
Merit: 100
PRiVCY
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August 30, 2018, 01:20:36 PM |
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Yes! Bitcoin Price might be falling at the face of it, but it is not really declining as you have purported. Looking back at past records, you shall deduce that this scenario is not the first of it's kind and still Bitcoin outweigh and sustained the past ordules obvious. Bitcoin from the begining is still the Bitcoin at the Present and shall remain the famous Bitcoin forever. However, there should not be Panic encouragement at all. Optimism and steadfastness with Bitcoin possibilities is all what we needed.
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KayceeMae
Newbie
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Activity: 238
Merit: 0
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August 30, 2018, 01:24:56 PM |
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Every time Bitcoin reaches another all-time high, the bulls and bears come out of the woodwork. Fresh on the heels of Its latest all-time trading high
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Cyptocity
Newbie
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Activity: 107
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August 30, 2018, 01:33:07 PM |
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A perfect reason why bitcoin does deserve the same level of faith if not more than we place on fiat currency is that Bitcoin is publicly scrutinized and analyzed. Bitcoin is a distributed, public, decentralized chain of events. Events that are tagged and ID’s in a manner that allows anyone connected to the network to review a transaction. That is a monumental feat for Bitcoin.
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Allan Ramanda
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August 30, 2018, 01:47:45 PM |
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when prices go down right now, you never sell, because you can lose big. investing with bitcoin requires high patience, because bitcoin is a long-term investment. now is the right time to buy.
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Marlo0619
Jr. Member
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🚀🚀 ATHERO.IO 🚀🚀
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August 30, 2018, 01:54:45 PM |
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Well some of the holders of bitcoin are feeling nervous right now because of the big drop of its value. We dont know if it will continue to fall, but one thing is for sure, it will never die, it will rise again like in the past year. We just need to wait until the price comes back again.
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Rossy Akbar
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August 30, 2018, 02:02:18 PM |
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I think a lot of newcomers will gone, because they're kinda think too much and they will scared of the low pricess, meanwhile the old timers just stay tuned and try to buy coin some more perhaps the prices will rise as fast as possible.
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sukoyomi
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August 30, 2018, 02:09:31 PM |
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if prices continue to fall, then I'm sure bitcoin will die. but now I see bitcoin price movements are quite normal, because bitcoin has never had a stable price. and now bitcoin still has a high price, because if we look at it 2 years ago bitcoin never reached the price as it is today.
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