What will actually happen if bitcoin price continue to drop?

[adzino]

As the price keeps on dropping, it will open opportunity for new investors to enter the market. The lower price will attract new investors and they will start investing. As they invest, the price will start going back up again and which will cause the current investors to keep on holding their investment. Once a desired level is reached, some of the investors will start selling off their coins and the price might start dropping again. This cycle will keep on continuing unless some sort of manipulation takes place which will cause some sort of anomaly in the market. 

[pawanjain]

The continuous drop in price of bitcoin will effect the whole crypto community in one way or the other.
Firstly it will effect all the BTC holders whether it be the miners or traders or holders. Secondly it will effect all the other cryptocurrency holders since the drop in BTC will create a bigger drop in the price of altcoins. Next it would effect all the projects and platforms related to cryptocurrency and most probably disrupt it's progress.

[koincik]

It could be the end of all the other crypto money. A lot of crypto money is related with Bitcoin price. So I hope it wont.

[Mometaskers]

It's a mix of everything. Bitcoin's price crashes, some people are going to panic and some people are going to be excited with the low prices. There's no way to know which kind of person is larger in number. As for miners though, bitcoin was designed in a way that it will work regardless of what price it's at(besides zero, though zero is pretty much impossible).

Yes, that's why it's kinda hard to predict. As weaker hands start fleeing, further causing the price to drop, there would be vultures going in for a killing and buying those coins for cheap.

[estupido]

by continuing to decline, of course all those who hold bitcoin will bear it all.

[zitbau]

I think if bitcoin prices continue to fall many investors will sell their bitcoin. And those who suffer the most damage are the investors they are hosting bitcoin. For me, being a multi-year investor with bitcoin, I'm sure I'm still investing in it because I believe that the near future, its value can reach the moon.

[gabmen]

It's a mix of everything. Bitcoin's price crashes, some people are going to panic and some people are going to be excited with the low prices. There's no way to know which kind of person is larger in number. As for miners though, bitcoin was designed in a way that it will work regardless of what price it's at(besides zero, though zero is pretty much impossible).

Yes, that's why it's kinda hard to predict. As weaker hands start fleeing, further causing the price to drop, there would be vultures going in for a killing and buying those coins for cheap.

Thus making it almost impossible to have the price going worthless. And these vultures are the ones with enough assets to affect market movement to their advantage. So panic selling won't really do you much good here.

[skidanchikbizon]

I'm sure that she will not fall. Now there is a correction and then bitcoin will soar to a good price.

[sandaru]

If bitcoin happens to continue to drop it would be a great chance for both buyers and the miners. In the case of miners, their mining fee of bitcoin is less and mininig difficulty is less so they can mine bitcoin very effectively. In the case of buyers, this is the high chance to buy bitcoin as now it is in a dip. Most badly affected group is the coin holders as they may have invested more fiat in to bitcoin and therefore, they would suffer more

[AvadaJigurda]

I think if bitcoin continues to fall, it is likely that most miners and buyers will move to a more promising cryptocurrency, and bitcoin will simply become one of the average cryptocurrencies.

[BIOX]

In my opinion serious companies and investors will take the situation in their hands and  try to make big changes. Maybe they will discuss the problem of regulation of cryptos with the governments of big countries

[CrimBit]

I was reading on some threads here and it made me wonder what will actually happen if the price of bitcoin continues to drop? And who will be affected more by this: bitcoin miners? Buyers? What do you think guys?

If Bitcoin continues to fall it means that in the market there are more sales than demand, some are happy with this situation, because they can buy Bitcoin at a low price, but when that happens it will affect miners absolutely, because they cannot pay their electricity for their rig. In addition, buyers will lose a lot of the money they have.

[MrRiuss]

well, for bitcoin itself, nothing will happen. for people who hold bitcoin, it will make them panic and stress. for people who have cash, it might be a right time to get in

[Roni116]

If the price of bitcoin decreases, the confidence in crypto also goes down and more and more sellers panic, and because of the decreasing trust, the market will find it difficult to grow again.

[classictee]

If the price continue to fall all the partaker of bitcoin will suffer it, so far you buy, sell and hold, everybody will actually suffer.. All said and done, bitcoin is only dropping for the panic seller to sell to the future billionaires

[haidil]

if the price of bitcoin goes down it might panic and the affected may be some who are involved ... but when the price is low there are also some who are happy because it's time to buy

[dewi91]

If bitcoin price continue to drop it Will affect to bitcoin popularity but I feel doubt if bitcoin price will go down for a long time because usually when the price go down people will buy more bitcoin because it's opportunity to gain profit and when people buy bitcoin it will make bitcoin price rising again.

[pitiflin]

Oh, but it can!!!
You think that BTC can't fail? You think that BTC will be alive forever?

At one point even it will be replaced by something else and forgotten, the only question is if it is going to happen in 10 years or in a hundred.

No, I don't think bitcoin will last forever, but as long we have people hoarding it, it won't die, at least I don't think it will. Most of hodlers wouldn't sell for a loss, because they are adamant, but if the scenario forces them to, then the result would be totally different,probably will be the death of bitcoin, or near death. Don't confuse panic sellers with hodlers. Also, some traders would try influence the market volatility,and would rather get into a temporary loss, and help bitcoin recover,than let it die.

And anew Adam Smith is born.

All hail the new economist,specialized in crypto, and knows how to bullshit.

If the price keeps going down, it would be implied that there's not enough demand for it, and the supply is more than the market demand. If there's no demand, the price won't fall,because no one will buy.

If there is no demand the price will be 0 as people will try to sell lower and lower till they reach donation level.

Fair point, and I agree with it, makes more sense than mine, to be honest.

The scenario of no demand existing is more hypothetical than real. The demand will rise in the future eventually,mostly because of the price drop.

[larkinvain]

If Bitcoin starts to drop continuously then everybody will face the loss. And a long-term panic will happen, most of the new buyers, traders will sell their bitcoin. Bitcoin will lose the trust of 60% of people. The long holders can go in a panic if bitcoin continuously drops! And bitcoin can't grow again soon! Everywhere negativity will spread, lots of people will leave the crypto platform for forever! O can't think more   I wish that won't happen ever.

[maloibtc]

I have never thought about this but to my mind, you need to keep coins for the long term and wait until the market becomes green. To my mind, it is better to take into account that btc will increase in price soon