TupMan007
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September 09, 2018, 12:37:00 PM |
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There will be a mixed reaction obviously. Some will think that they are going to face loss and will panic. Others will infact be happy to see a reduction in price and will plan for strategies to make profits out of their investments.
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"Your bitcoin is secured in a way that is physically impossible for others to access, no matter for what reason, no matter how good the excuse, no matter a majority of miners, no matter what." -- Greg Maxwell
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sarungmen
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September 09, 2018, 12:47:48 PM |
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when the price of bitcoin drops drastically and continuously and it is something that is frightening for bitcoin investors. it will be very detrimental when you sell in panic and the price falls bitcoin will become extinct because everyone will leave it
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Barrycuda007
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September 09, 2018, 12:53:20 PM |
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I think every kind of people who are associated with Bitcoin will be affected. And if the price continues to drop for a long time then it will be hard to recover because no one will be able to sell the coins in profit
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Osaaah
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September 09, 2018, 12:56:36 PM |
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Most people have built some trust in bitcoin that, they really careless when it market price begin to drip down the drain. Therefore, in situation where Bitcoin price continues to fall this kind of people will continue to hold onto Bitcoin and never sell out on it. And since this situation is not highly possible, certainly Bitcoin will continue to survive today and many years to come.
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sponge_bob13
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September 09, 2018, 12:56:52 PM |
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I don’t think price will continue to drop. Cryptomarket is not stable but personally I think the price of btc will go up and it will continue to do so. In long term investment anyone can be benefitted.
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GreatArkansas
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Buy/Sell crypto at BestChange
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September 09, 2018, 12:59:14 PM |
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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?
Nothing, only the market who decides the price of Bitcoin, but the adaption of blockchain or crypto will continue, I really hate those people who just want to use Bitcoin just to make money, it is really disappointing as a crypto supporter. |
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SummerHamster
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September 09, 2018, 01:01:07 PM |
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Bitcoin is so widely connected that it will affect its holders and investors of course. As well some other coins may get affected. Like we know that the price of ethereum is directly affected with BTC
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Renu kapoor
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September 09, 2018, 01:03:05 PM |
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Although it is impossible and unnatural that bitcoin price drop continuously this can happen only when all the investors and buyer show their unfaith in bitcoin and they withdraw their investments and sell their coins, which is never to be happen.
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finlandais
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September 09, 2018, 01:04:43 PM |
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According to me the panic selling will increase in such situation which will further affect the market value of BTC.Nothing will having to blockchain and bitcoin.But i believe that price will not continue to drop now.There are still many people who trust BTC and such drop in market value does not affect them at all.But if prices drop some investors will get affected by it even if they are long term investors.
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fishball
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September 09, 2018, 01:06:25 PM |
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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?
It is going to be a very disappointing situation for everybody. People will surely panic, frustrated, hopeless etc. Bitcoin will lose its credibility and people will lose interest towards it. This will become a good opportunity for a new coin to arise. |
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Eurobot
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September 09, 2018, 01:09:35 PM |
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If the price of Bitcoin continues to drop, I think the buyers are going to be affected more. Because those who have already bought it will be panicked and those who haven’t bought it will be more excited to buy at lower price.
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Zifu2018
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September 09, 2018, 01:11:22 PM |
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There will be two cases. One group of people will feel that they are in trouble because they will think that they will be losing their investment and will sell off their coins. Another group of people will be happy and will buy the coins since they are avlailable at a cheaper rate.
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butterfly8226
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September 09, 2018, 01:15:28 PM |
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I think those people who own Bitcoin will become more frustrated but those who planning to buy bitcoin will be excited to get their hand on BTC at a cheap price. Therefore different reactions will be encountered for different people.
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drawoh14
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September 09, 2018, 01:16:13 PM |
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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?
Of course those are inventors whom bought bitcoin at a higher price and there will be a huge lost anf only whales will benefit. It would be a disaster if it will happen a lot of people will lose their trust on bitcoin decentralization |
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wsca
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September 09, 2018, 01:20:22 PM |
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"The last couple of months gave us a lot of opportunities to buy BTC and ETH at good
prices.A year or two from now, it's probable we'll all be kicking ourselves in the head for
not having the guts to buy more.
"
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SoliDCoiNs777
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September 09, 2018, 01:22:14 PM |
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This type of price drop will affect the investors more than any miners. Some people will be excited on the other hand some will lose hope. There will be a mixed reaction from people at different situation.
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coinpedia240
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September 09, 2018, 01:30:03 PM |
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well if you ask for my opinion I don't think that bitcoin price will just keep falling but yes a situation can be created when it stay down for a long but it will also get improv at a time and remember one thing after bad things good things arrived it is like a circle
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cryptoking252
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September 09, 2018, 01:45:37 PM |
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I think you haven't understand the market system yet, if you study it more appropriate way then you will able to understand that the market prices never last on one mode for a very long time it has never happen so far
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dreico
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September 09, 2018, 02:32:52 PM |
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many people will most likely leave it and lose their faith in it and it will be replaced by another currency
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Yamifoud
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September 09, 2018, 02:45:46 PM |
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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?
Absolutely, a big loss for everybody. Can't mention how many individuals came here and put a huge money, and these people might hoping for another strike. But if market keep on moving down, may they put an end of their crypto life and cashing out their money even they losing. |
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