What will actually happen if bitcoin price continue to drop?

[Febo]

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?

In bear market price of Bitcoin slowly drops to the bottom. It never go just one way but a bit down and up and down. But of course more down then up. Then we at some point reach bottom and bear market stops. After that price still goes up and down and up and down. But in general price dont moves to nay direction. So price sort of stabilize.  After period of stabilization ends then Bull market start, where price goes up and down and up. But more up then down on long term. And then at end we come to the ATH. And ...

[PalindromemordnilaP]

Well, if bitcoin's market price continues to drop, it can also drag down others' market price too and the cryptomarket continues to bleed. Some of investors may lost interest in holding their bitcoin while new investors may be attracted to invest with its low market price too.

[ShineftChaos]

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?

Obviously all the other cryptocurrency will be highly affected and most of the coins are going to drop its price as well, that is the reason why we should encourage other people to invest on cryptocurrency as well.

[liseff3]

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?

Everything will be affected not only miners or buyers. But there are still others, for example an exchange account that's likely to close its activities and people who previously had hoped for a lot on bitcoin, might be desperate because they would feel a very deep loss to the amount of money it had invested. At the same time perhaps will also be born a new generation of unemployed generation.

[quichiship]

If bitcoin continues to fall and become very low, it will be an opportunity to buy cheaper, and that can be a way to get big profits in the future.

Yeah you are right but there is also a negative factor and that is if the price falls more people will be discouraged and they may withdraw their money or convert to Altcoin. Small investors do not put their money in bitcoin because of the high price. they prefer low price coins like Ripple etc. these coins posses more potential than bitcoin and hope that it will give huge profits in the future.

[lingwistiko]

If bitcoin continues to drop, panic selling will increase causing it to drop more deeper. So as the price gets lower and lower, new investors will also increase as they will be attracted by the price offered to them by bitcoin which will also result to a small pump of bitcoin.

[South Park]

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?

The ones that will be more affected if the price of bitcoin keeps going down are those that need to sell their bitcoin for such a low price, so as you say miners and businesses are going to be deeply affected, also people that go through some kind of emergency and they have to sell their coins because they need the money will be affected as well, however there are ways to protect yourself, for example if the miners were smart they should have sold a lot of their bitcoin when it was very expensive that way they will have a lot of funds to keep their operations going without any problem.

[ShineftChaos]

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?

The ones that will be more affected if the price of bitcoin keeps going down are those that need to sell their bitcoin for such a low price, so as you say miners and businesses are going to be deeply affected, also people that go through some kind of emergency and they have to sell their coins because they need the money will be affected as well, however there are ways to protect yourself, for example if the miners were smart they should have sold a lot of their bitcoin when it was very expensive that way they will have a lot of funds to keep their operations going without any problem.

People continue to invest as well when it drops since everyone wants to earn a huge amount of profit and that is the reason they only hold their coins.

[erikoy]

In bear market price of Bitcoin slowly drops to the bottom. It never go just one way but a bit down and up and down. But of course more down then up. Then we at some point reach bottom and bear market stops. After that price still goes up and down and up and down. But in general price dont moves to nay direction. So price sort of stabilize.  After period of stabilization ends then Bull market start, where price goes up and down and up. But more up then down on long term. And then at end we come to the ATH. And ...

Maybe you mean the volatility of bitcoin market price. As we all know that these is not an unusual event for bitcoin market price movement. The OP says if what will actually happen if bitcoin market price fall and who will directly get affected by this and I suppose the short term bitcoin investors.

Some of investors may lost interest in holding their bitcoin while new investors may be attracted to invest with its low market price too.

As I thought that the short term investors for bitcoin will directly affected by this resulting to selling bitcoin in a cheaper market price.

[Duogembrot]

if the price of bitcoin always falls and falls, it is certain that many people will be trapped at a very expensive price and there will also be a lot of people who suffer a lot of losses, and there are also some people who are happy because they can buy at cheap prices like currently.

[Nila soru]

There is a limit to the price that bitcoin can drop, at some point the price is going to be so cheap that people with a lot of money like whales will take advantage of those prices and will buy those coins and then the price will go up again, many people are predicting that the price is going to keep going down up to zero but that is not going to happen because bitcoin is still very useful, you just need to ask the people that live in countries that are facing difficult times.

It is a fact that more and more people will invest in bitcoin if the price falls more. I am also waiting for more dip in the price so that I will invest in it. the future of bitcoin is bright no matter how long it will take to grow, but it is the leading crypto in the world and will take over the market in the future. I want to use bitcoin as my regular currency in my local market because it is the actual aim of bitcoin.

[basyang]

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?

In my own opinion, if the price of bitcoin continues to drop then all of us will be affected of it. Bitcoin miners, traders, buyers, seller and so on. However, wheather it has a chance to for it to got low it will also raise in a few days or months it will never be temporary low price. It is a good thing for it. It never stay low.l sometimes from drop price it raise in to a higher price again.

[qwertyup23]

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?

Well it depends on the individuals who have most of the bitcoins in the market. Generally when prices of bitcoins are down in the market, the initial move of people are to panic-sell their bitcoins. Instead of taking it as an opportunity to acquire more, they opt to sell their coins without knowing the reason behind its decrease on the market. To answer your question, almost everyone would be affected if the price decreases and if it continues to decrease in the long-run, chances are that most would sell and shift their interest towards a new set of coin in the cryptocurrency market.

if the price of bitcoin always falls and falls, it is certain that many people will be trapped at a very expensive price and there will also be a lot of people who suffer a lot of losses, and there are also some people who are happy because they can buy at cheap prices like currently.

It depends on how people see the phenomenon. Some would take it as an opportunity to acquire more while others view it as a chance to sell most of their coins to lower their losses. But it will only boil down on how individuals would do their research behind the event that led to its downfall in the market. If it continues then expect it to slowly become obsolete.

[KorakPawon]

this will have an impact on all, especially sellers who will feel afraid of bitcoin that does not go up because sellers expect prices to rise, if for buyers it might be a great opportunity for them to get more bitoin.

[Tigorss]

bitcoin prices have not experienced an increase lately, do not know what really happened, because there are many people who feel fear and panic, no less because they are afraid that prices will go down and people sell bitcoin, afraid of loss,

[pinoyden]

Re: What will actually happen if bitcoin price continue to drop?

if the price of bitcoin continues to drop , then many people will feel sad but some of them will also feel amazed because that event is verry un-usual to happen . many people expected to sell to cut thier losses and many people will buy more coins at the same time which can then result for an even fluctuating market .