What will become of Bitcoin if the price keeps falling?

[susuberuang]

I think that will happen if the price of bitcoin continues to fall to the base price, so many will experience a lot of losses and surely there will be many people who hate bitcoin because the effect of falling bitcoin prices will have a lot of influence for traders.

[sheenaedago]

I've never seen in bitcoin history that it keeps falling as if it will going to lose its value. What we have always see is a fluctuations in price which is brought by unstable market situation bitcoin is going through. Seems bitcoin is a crypto currency we will expect a lot of pump and dump, and it's normal. What we can do is invest when the price is low then sell when the price pump and reasonable enough to earn profit. Let's learn how to play the market and continue supporting bitcoin.

 Precisely, we should not split any FUD news about bitcoin instead lifting up to engage some investor by motivating and hold the emotions not to be affected of some FUD. The pump and dump is part of a high volatility of the market. And as far as i know bitcoin price does not fall under $4k and the massive prediction is feasible to happen. But when bitcoin's price continue to fall, it must be a great dissapointment to all investor and maybe some of us will leave crypto.

[Idrisu]

There is a law that control the force of demands and supplies and that is what determines the price of every assets.  The reality is that bitcoin cannot continue to go down and likewise it cannot keep going up.  So very soon we should expect a recovering of the price.

[basyang]

What will become of Bitcoin if the price keeps falling?
Prices went down from the start of this year: https://www.coinranker.net/cryptocurrency/bitcoin

Price of Bitcoins is always concern in this forum, I already give my opinion this multiple times. Anyway, do not worry if the price is keep falling it always has a reason and as long as we support bitcoin it will recover. Even if their has a countries that banned bitcoin still I believe to it. And I think after the down fall of bitcoin ot will raise again and I will wait for that.

[South Park]

The price has been relatively stable for some time now, there are obvious variations in the price but the range is very narrow, so it is unlikely that the price is going to go down that much in the next months, what we are going to see is a market that is not going to move much for the next months or even years and then all of a sudden when no one expects it bitcoin will recover and will probably surpass its all time high.

[faguoip]

First of all, your assumption does not exist at all. Bitcoin cannot fall all the time. Bitcoin has the cost of mining, it is impossible less than mining cost too much. Secondly, the price of Bitcoin has been stable for some time. Now it is a good time to invest in Bitcoin. If you have spare cash, buy it.

[cluit]

What will become of Bitcoin if the price keeps falling?
Prices went down from the start of this year: https://www.coinranker.net/cryptocurrency/bitcoin

This is not dropping and what is happening in market now is bubble recovering

Many have mistaken about this prices becoming lower but the truth is this what the right value of now,and we will be looking for another years of same situation.so better be aware and accept this reality

I usually prefer to call it a healthy correction. Nothing goes up and won’t at some point later on come back to find a bottom and nothing comes down and wont at some point test the peak and may be even imprint new highs.

It is a normal thing to expect in a market and I can understand that the main reason why some people usually do not always expect it is because they tend to never get to understand the market wholly before even deciding to start getting involved, and in that case, it would always be a case of panicking because of a falling market instead of seeing it as a great opportunity to buy lower.

[rickadone]

The price has been relatively stable for some time now, there are obvious variations in the price but the range is very narrow, so it is unlikely that the price is going to go down that much in the next months, what we are going to see is a market that is not going to move much for the next months or even years and then all of a sudden when no one expects it bitcoin will recover and will probably surpass its all time high.

The price is a bit on the stable side because the market is trying to find a direction to pick on. For what it is worth, we can see how well the market has been trying to respond lately when it comes to movement upward for the altcoins but when looking at bitcoin we can see for sure that the market is still inside a descending triangle and it is how bitcoin tend to fair that would determine how things would go afterwards.

For now, we can only just be patient to see how events would unfold as we go on. However, if the price keeps falling, then the only thing we can simply just do is to buy more.

[Ewinsane]

First of all, your assumption does not exist at all. Bitcoin cannot fall all the time. Bitcoin has the cost of mining, it is impossible less than mining cost too much. Secondly, the price of Bitcoin has been stable for some time. Now it is a good time to invest in Bitcoin. If you have spare cash, buy it.

It is not impossible, nothing about a market is impossible and in case you do not know, in the past, bitcoin has gone lower than mining cost before. A Google search would give you more enlightenment on that. The thing with a market is that nothing is predictable, even though we may just try to assume the best, but in reality, whatever will be will be.

If it goes lower than mining cost, simply mining will become unfavorable for some and they will bail out, while those who are big on mining get more incentives, and then we see the difficulty reduced. So, saying there is no possibility of seeing something happen is not true.

[LyQaN]

My answer is not only for Bitcoin but for all the coins.It is obvious that if the price of any coin will keep on falling then unfortunately it will be an end for that particular coin.In case of Bitcoin we have seen a lot of price drops but it has always bounced back.But if we consider that the price will not bounce back and will keep on falling then people will stop investing in it and surely some other coin will overpower bitcoin.

[Howits]

I think that will happen if the price of bitcoin continues to fall to the base price, so many will experience a lot of losses and surely there will be many people who hate bitcoin because the effect of falling bitcoin prices will have a lot of influence for traders.

If it keep decreasing i am pretty sure everyone will left bitcoin because no matter how much you love bitcoin but you can't lose your money or profit.

[Rejevunator]

I think that will happen if the price of bitcoin continues to fall to the base price, so many will experience a lot of losses and surely there will be many people who hate bitcoin because the effect of falling bitcoin prices will have a lot of influence for traders.

I hope it will never happen since bitcoins has a lots of lover and contribute for bitcoins. Bitcoin and digital currency are the future of  digital world.

[arikassuja]

I don't think that will happen, I'm sure the price of bitcoin and some other cryptocurrency will experience a price increase seen from the movement of cryptocurrency prices and many people who want to have cryptocurrency so that prices are difficult to always fall.

[Impulseboy]

I have asked this question before but in a different way. My question was, if bitcoin prices continue to go down, will it then become an altcoin? That said, I think that lower bitcoin price means that more people will be able to afford buying it. The more people who can afford to buy bitcoins, the more people will be encouraged to join in the crypto world, right?

[taliwang]

maybe what will happen if the bitcoin price keeps falling is bitcoin will not have any more enthusiasts and it is possible that the price of bitcoin can return to the price as it was in 2013 and the price is very cheap and certainly will make many people lose.

[xfaqs01]

What will become of Bitcoin if the price keeps falling?

price is just another part of bitcoin but it has nothing to do with its underlying technology that constantly evolving for almost 10 years now, actually if trace its price from the beginning its actually increasing

[whiteblue]

if the price of bitcoin in the exchange place remains collapsed then maybe this bitcoin price will become very cheap and surely there will be many people who panic even lots of people will be depressed. I hope bitcoin prices don't fall even further.

[centimentalking]

I think that will happen if the price of bitcoin continues to fall to the base price, so many will experience a lot of losses and surely there will be many people who hate bitcoin because the effect of falling bitcoin prices will have a lot of influence for traders.

Even i do the same i have an aim if the price goes down below 1000$ i will sell my all coin and stop investing.

[geopolisch]

The price has reached the bottom and it's not going to go down that much further, the only thing that you need to do is to have confidence that the price is going to recover, and unfortunately many of the people that invested in this market do not have that confidence and that is why there are selling their coins.

Many are still not used to what is happening in the market that's why some panic sell and some are just selling to buy lower as part of their strategy. Price of bitcoin will not keep falling if there are always buyers who are willing to buy. As what you observed, the market has been going up for a few days already and you would expect that others would be taking profit and some of those have bulk orders and when some people saw the big red canadle, others eventually followed to sell that's why it's going down.

For most markets, it is always something that should be expected. It is normal some times to see supply grow larger than demand based on certain perception of the market and how things are, and then in some cases, we will always get to see the possibility of seeing demand get more than supply and this is when we get to see the market move up accordingly.

it is just part of the market and all subjected to the law of demand and supply which I believe even as time goes on, it is something we will always keep getting to see except for the volatility reducing on the way up and as we see real life usage/

[welchmgra]

I have asked this question before but in a different way. My question was, if bitcoin prices continue to go down, will it then become an altcoin? That said, I think that lower bitcoin price means that more people will be able to afford buying it. The more people who can afford to buy bitcoins, the more people will be encouraged to join in the crypto world, right?

I think that more and more people will buy bitcoin due to low price. Bitcoin will be there because it is not for making money but for general use in the world. People made it business for earning money. I don’t care if the price falls or rises. I want to hold my bitcoin not for making money but for buying my necessities around the globe. I want to enjoy cashless society.