What will become of Bitcoin if the price keeps falling?

[Nick Abimanyu]

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

Bitcoin is not a waterfall that forever moves down, but this's a market that's never separated from its original nature, namely the rise and fall of prices. I think, the prolonged decline in bitcoin prices's caused by two world-scale exchanges namely CME and CBOE Futures Exchange which trade bitcoin in the form of a futures contract. As a result, making bitcoin vulnerable to manipulation. This thing also caused the number of files Bitcoin ETF to rejected by the SEC. I think the US SEC has smelled a sign that's not good maybe they are worried if the Bitcoin ETF will be a trigger for every investor to manipulate prices by selling or buying large amounts of bitcoin during the auction that causes prices to fall. And the next day Cboe Global Markets was more flexible leaving behind Bitcoin ETF with huge profits.

[hawkins]

maybe everyone will switch to another cryptocurrency when bitcoin prices are badly dumped. so far many coins have developed their own mainnet. but I don't know, I just hope bitcoin prices continue to rise. I'm sure, there are still so many opportunities to see bitcoin prices reach very high prices.prices reach very high prices.

[Rembedful]

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.

Different people think differently. Some say that it will disappear from the market and some argue that it will be the mainstream in the future no matter what will be the price. When all the people in the world start using their bitcoin they will not compare it with dollar or their local currency. Bitcoin will also be assumed like our regular local currency.

[lingwistiko]

If bitcoin will continue to fall, i think more and more weak hands will give up and sell their bitcoin at a very low value. FUDs will spread more and more and the cryptoworld will be in great panic for those who are weak enough. But for those who are smart, they are smiling and panic buying more.

[upsidedown75]

If bitcoin's market price keeps on falling each day, then there will be a massive fall down of alternate cryptos too. More and more hodlers may be weaken and finally give up and sell their bitcoin too. Unless a huge number of investors will start investing at a lower price then the fluctuation will continue.

The price is not falling actually but there is stability between 6k and 7k US dollar and this is fluctuating in between from a long time. we can go out of such situations only if we start learning to hold all our coins with patience and to stay in the market till the price starts to increase. Furthermore, the current price availability is more than anything if you have such an affordable market right now then what else you need.   

The price cannot keep on falling forever because the market do not remains down forever. There can be recovery in the market as well. If the demand rises, the price will also rise and there is already a bit of rising trend in it. Now, price is 6540 US dollar which is still low and it is stable between 6k and 7k US dollar which enables you to get it on low price and no one knows nothing about future so you just make a position by investing here.

[verguat33]

If bitcoin's market price keeps on falling each day, then there will be a massive fall down of alternate cryptos too. More and more hodlers may be weaken and finally give up and sell their bitcoin too. Unless a huge number of investors will start investing at a lower price then the fluctuation will continue.

The price is not falling actually but there is stability between 6k and 7k US dollar and this is fluctuating in between from a long time. we can go out of such situations only if we start learning to hold all our coins with patience and to stay in the market till the price starts to increase. Furthermore, the current price availability is more than anything if you have such an affordable market right now then what else you need.   

The price cannot keep on falling forever because the market do not remains down forever. There can be recovery in the market as well. If the demand rises, the price will also rise and there is already a bit of rising trend in it. Now, price is 6540 US dollar which is still low and it is stable between 6k and 7k US dollar which enables you to get it on low price and no one knows nothing about future so you just make a position by investing here.

In my view the price will not go down more than $6000 because it is its natural price. if the investment cap increase the price will raise more but there are no more investors the price would still above than $6000, because it is with the passage of time. If the price rises to $30000 today, it will collapse to $6000 again in the coming days. We should know the time space.

[Frobeek]

If bitcoin's market price keeps on falling each day, then there will be a massive fall down of alternate cryptos too. More and more hodlers may be weaken and finally give up and sell their bitcoin too. Unless a huge number of investors will start investing at a lower price then the fluctuation will continue.

The price is not falling actually but there is stability between 6k and 7k US dollar and this is fluctuating in between from a long time. we can go out of such situations only if we start learning to hold all our coins with patience and to stay in the market till the price starts to increase. Furthermore, the current price availability is more than anything if you have such an affordable market right now then what else you need.   

The price cannot keep on falling forever because the market do not remains down forever. There can be recovery in the market as well. If the demand rises, the price will also rise and there is already a bit of rising trend in it. Now, price is 6540 US dollar which is still low and it is stable between 6k and 7k US dollar which enables you to get it on low price and no one knows nothing about future so you just make a position by investing here.

In my view the price will not go down more than $6000 because it is its natural price. if the investment cap increase the price will raise more but there are no more investors the price would still above than $6000, because it is with the passage of time. If the price rises to $30000 today, it will collapse to $6000 again in the coming days. We should know the time space.

If the price of bitcoin falls more than $6000 that will be the end, because the mining process will stop because they already told that now mining is not profitable due to low price in the market, and when there is no mining there would be no coins in the market and gradually bitcoin will disappear from the market. Holding a specific price for bitcoin is very important for its survival.

[niublity]

If the price of Bitcoin falls every day, then the market may eventually disappear, but this is impossible. Even if the price of Bitcoin is not as expensive as last year, I think this is just an adjustment, making it more suitable for investment!

[pocketfullofpoke]

It will not continuously keeps falling because i know that there are so many investors who are just observing bitcoin's movement that whenever they'll see bitcoin's price to fall down, they never waste a time buying the dips so there is really a possibility that bitcoin will rise up.

[Silberman]

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

It doesn't seem likely to me that the price is going to keep decreasing in the next months, I know that is a possibility but the chances of that are very low, what you need to concentrate is in what you are going to do when the price starts to recover, people get surprised when they see a recovery in the price of bitcoin but it is going to happen and you need to be prepared to take advantage of it when that happens.

[Lazada]

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

If the price of Bitcoin decreases, the level of confidence in crypto also clearly decreases. This is an indicator of how the decline caused a decrease in the level of trust. As what we do is that when we trust a coin the price will increase. So what we have to do is continue to increase transactions using Bitcoin and it will definitely increase the price of Bitcoin.

The decline in Bitcoin prices will always occur and all we can do is try to reduce the impact and try to maintain the stability of Bitcoin prices.

[mornabo]

If bitcoin's market price keeps on falling each day, then there will be a massive fall down of alternate cryptos too. More and more hodlers may be weaken and finally give up and sell their bitcoin too. Unless a huge number of investors will start investing at a lower price then the fluctuation will continue.

The price is not falling actually but there is stability between 6k and 7k US dollar and this is fluctuating in between from a long time. we can go out of such situations only if we start learning to hold all our coins with patience and to stay in the market till the price starts to increase. Furthermore, the current price availability is more than anything if you have such an affordable market right now then what else you need.   

Yeah right now the price isn't falling and it's still stable above the $6k price, but if that happens of course it's caused by mass panic in a row and doesn't stop, the way out of course is from what you say, we must start learning to be patient and hold it, because with that we can get out of that situation

[alentmay]

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
https://imgur.com/a/m9K5lgJ

If the price of Bitcoin decreases, the level of confidence in crypto also clearly decreases. This is an indicator of how the decline caused a decrease in the level of trust. As what we do is that when we trust a coin the price will increase. So what we have to do is continue to increase transactions using Bitcoin and it will definitely increase the price of Bitcoin.

The decline in Bitcoin prices will always occur and all we can do is try to reduce the impact and try to maintain the stability of Bitcoin prices.

I think that bitcoin will disappear from the market because there would be no more mining and no more supply in the market. I will never invest in bitcoin if the price drops continuously. I want the price to go up because many investors are already in loss and if the price drops more they will be completely ruined. This is the time for rising instead of falling. We should hope for a better future.

[zazarb]

Nothing will happen to bitcoin, because Bitcoin has very strong  support at 6000$ and it's very unlikely that the price could go beyond that limit. By the way even if price went a little bit lower than we expect, it will only attract more investors, what would be good.

[bitcoinMyLife]

If bitcoin's market price keeps on falling each day, then there will be a massive fall down of alternate cryptos too. More and more hodlers may be weaken and finally give up and sell their bitcoin too. Unless a huge number of investors will start investing at a lower price then the fluctuation will continue.

The price is not falling actually but there is stability between 6k and 7k US dollar and this is fluctuating in between from a long time. we can go out of such situations only if we start learning to hold all our coins with patience and to stay in the market till the price starts to increase. Furthermore, the current price availability is more than anything if you have such an affordable market right now then what else you need.   

Yeah right now the price isn't falling and it's still stable above the $6k price, but if that happens of course it's caused by mass panic in a row and doesn't stop, the way out of course is from what you say, we must start learning to be patient and hold it, because with that we can get out of that situation

In this day many people assume cryptocurrency a Ponzi scheme and some say it is a bubble and will burst in the air after some time. I think that if the price drop more it will lose its popularity and authentication in the market and people will withdraw the rest of their money and will invest somewhere else. Altcoin price will also drop if the price of bitcoin drops.

[bitbunnny]

It looks like people too often forget that Bitcoin had much lower price than it's now and that volatility is two ways process.
Bitcoin will not suffer much from further price fall and actualy I don't expect some biger price dip. Some users and investors vwill leave, that is true, but many will stay and also some new will come. Don't forget that Bitcoin is best on long term basis so be patient.

[Silberman]

Nothing will happen to bitcoin, because Bitcoin has very strong  support at 6000$ and it's very unlikely that the price could go beyond that limit. By the way even if price went a little bit lower than we expect, it will only attract more investors, what would be good.

It seems people have the wrong notion that the price can keep decreasing and could reach zero but we know that is not going to happen, as soon as the price goes lower than 6000 people see this as an opportunity to get bitcoin, that is why the price does not last long at those levels because people take those low prices as buy signals and the price recovers because of it.

[rhodelmabanal]

Nothing will happen to bitcoin, because Bitcoin has very strong  support at 6000$ and it's very unlikely that the price could go beyond that limit. By the way even if price went a little bit lower than we expect, it will only attract more investors, what would be good.

It seems people have the wrong notion that the price can keep decreasing and could reach zero but we know that is not going to happen, as soon as the price goes lower than 6000 people see this as an opportunity to get bitcoin, that is why the price does not last long at those levels because people take those low prices as buy signals and the price recovers because of it.

To give a visionary here, bitcoin's drastic fall can be an opportunity for everyone who wanted to purchase at smaller value for bitcoin. If this continues to fall from every moment of time I guess there's a huge problem, then possibly it will cause panic to some of the new traders. I don't know with old traders, but what I am concerned with no is for those newbies.

[Baronggot]

How come it will continue to keep falling if others are also waiting for a dip? Every time there is a dip, i noticed that its market value will rise again and that's because more investors prefer to buy bitcion at its low for them to get a good slice of bitcoin.

[Auponef]

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.

Different people think differently. Some say that it will disappear from the market and some argue that it will be the mainstream in the future no matter what will be the price. When all the people in the world start using their bitcoin they will not compare it with dollar or their local currency. Bitcoin will also be assumed like our regular local currency.

The cheap bitcoin price will attract more investors and the price will rise eventually. So just be patient.