Bitcoin (BTC) down $200

[Domicbora]

Although bitcoins is highly volatile we can see that over the last 6 months the trend of bitcoins price is not what investors would like. It seems that bitcoin may in the future become a legitimate currency but with the trend of the price of BTC so far it is more likely to stay that way or dip further yet bitcoin has paved the way for other cryptocurrencies and this could be a major turn point for other applications that cryptocurrencies can offer.

Are you optimistic about the price of bitcoin ?

Do refer the links below

Source: https://cointelegraph.com/news/crypto-markets-drop-sharply-ethereum-loses-weeks-earlier-gains
            https://charts.bitcoin.com/bch/chart/price

We should understand that this market move in cycle and you have to understand this in other not to take wrong decision during investing.  Now is the time to buy and those that have buying mindset will make money in years to come.  Bitcoin may likely still going down but you should see it as the time to buy.

Those who are smart enough will always know when to be getting in and what they should not even bother themselves so much looking forward to as such price at $200 is something that is not something I believe anyone should be looking forward to at this point in time.

Firstly, the $6k region has been holding pretty much probably based on several speculations about the mining costs, and also even if we get to see a huge price downward, I see no way we would go that low when there is a lot of support below us and there is always one thing they call a balance in the long run.

[South Park]

Although bitcoins is highly volatile we can see that over the last 6 months the trend of bitcoins price is not what investors would like. It seems that bitcoin may in the future become a legitimate currency but with the trend of the price of BTC so far it is more likely to stay that way or dip further yet bitcoin has paved the way for other cryptocurrencies and this could be a major turn point for other applications that cryptocurrencies can offer.

Are you optimistic about the price of bitcoin ?

Do refer the links below

Source: https://cointelegraph.com/news/crypto-markets-drop-sharply-ethereum-loses-weeks-earlier-gains
            https://charts.bitcoin.com/bch/chart/price

The first part of your post is something that bothers me from the attitude of investors, if the direction of the price of bitcoin is not what investors will like that is not the problem of bitcoin that is the problem of the investors, unless they are whales that can move the market as they see fit they are the ones that need to adapt to this market and not the other way around.

[jetteodo]

Although bitcoins is highly volatile we can see that over the last 6 months the trend of bitcoins price is not what investors would like. It seems that bitcoin may in the future become a legitimate currency but with the trend of the price of BTC so far it is more likely to stay that way or dip further yet bitcoin has paved the way for other cryptocurrencies and this could be a major turn point for other applications that cryptocurrencies can offer.

Are you optimistic about the price of bitcoin ?

Do refer the links below

Source: https://cointelegraph.com/news/crypto-markets-drop-sharply-ethereum-loses-weeks-earlier-gains
            https://charts.bitcoin.com/bch/chart/price

We should understand that this market move in cycle and you have to understand this in other not to take wrong decision during investing.  Now is the time to buy and those that have buying mindset will make money in years to come.  Bitcoin may likely still going down but you should see it as the time to buy.

This whole year is not good at all for bitcoin price. There is no big change in the price and all investors are unhappy with this bearish situation. The end is not coming and if this situation continued for some more time bitcoin will decrease its value in the market and people will withdraw their money and will never come back to it. that will be the end of bitcoin.

[Small_Man_Big_Thoughts]

Although bitcoins is highly volatile we can see that over the last 6 months the trend of bitcoins price is not what investors would like. It seems that bitcoin may in the future become a legitimate currency but with the trend of the price of BTC so far it is more likely to stay that way or dip further yet bitcoin has paved the way for other cryptocurrencies and this could be a major turn point for other applications that cryptocurrencies can offer.

Are you optimistic about the price of bitcoin ?

Do refer the links below

Source: https://cointelegraph.com/news/crypto-markets-drop-sharply-ethereum-loses-weeks-earlier-gains
            https://charts.bitcoin.com/bch/chart/price

Bitcoins will never go down to $200 dollars, maybe ethereum does have the possiblity to drop even more but for bitcoins , it will just increase its price even more in the future.

At every point in time, people will always wish for what they really want probably based on the fact that they missed the past and then want the past to come back to them to be able to buy as low as possible. $200 is an insane price to expect unless there is something wrong with the market and if something that wrong would happen to crash the market that hard, then it will be something hard to recover from, but in the real sense, this is something that is certainly not possible.

[bintangkejoraku]

besides not in accordance with the wishes of investors, the current price of bitcoin is also not in accordance with what is said by experts. and this makes many investors frustrated and sell their bitcoin.

[xlmlover]

many factors can affect the price of bitcoin on the market, one of them is the many issues and news about bitcoin, no need to panic. Price corrections like this have often happened. As good as any analysis, only price action can confirm. Regarding bitcoin will not rise, not necessarily. We must see how the developer is able to create further progress. and I remain optimistic that this bitcoin will continue to increase, although it is quite difficult to reach the end of 2017.

[prtty2gal2]

Aaaaaaand what do you know its back up. I understand this is the "speculation" section of bitcointalk however isn't 200 just too small to care ?

I mean this is the coin that went from 900 dollars to 20k dollars in 6 months and same coin that went from 20k to 6k in another 6 months so when you start a topic with "200 dollars drop" it kinda loses meaning because bitcoin drops and increases 200 dollar almost weekly even faster. We should focus more on 1000 dollar changes rather than 200, hell even 700 would work but 200 is just too small. I feel like the 6-7-8k dollars levels are the important levels whenever they are passed.

[Slow death]

Although bitcoins is highly volatile we can see that over the last 6 months the trend of bitcoins price is not what investors would like.

this is expected because people want profits and have little patience

Are you optimistic about the price of bitcoin ?

yes, I am very optimistic that in a few years the price will be very high and that we will use bitcoin as a means of payment. Many people think that the world is over, I say this because every time the price of bitcoin falls, they enter panic and spread things like: "Is the end of bitcoin." But these people do not realize that there are many years ahead and that things will improve
 

[STT]

I already use Bitcoin as a payment, its very useful but it needs to be improved quite alot especially for useability by people who have no interest.   My comparison would be to remote control on tv, it has to be that straight forward and intuitive that even kids know whats pause and play

ve the $6700 resistance with the hope of breaking the $6800, so I would say there could be some good move in coming days.

I dont think 6800 is going to hold resistance unless we are in a trend downwards matching previous peaks.   I saw 7300 or the 200 day average as being the proper area for a ceiling to any rise but right now we hover around the 50 day average also an 8 day average.   In theory I'd say we are positive right now so long as we stay above that week of momentum.     I'm not convinced of 6800 being a top yet

[melfwaz]

Although bitcoins is highly volatile we can see that over the last 6 months the trend of bitcoins price is not what investors would like. It seems that bitcoin may in the future become a legitimate currency but with the trend of the price of BTC so far it is more likely to stay that way or dip further yet bitcoin has paved the way for other cryptocurrencies and this could be a major turn point for other applications that cryptocurrencies can offer.

Are you optimistic about the price of bitcoin ?

Do refer the links below

Source: https://cointelegraph.com/news/crypto-markets-drop-sharply-ethereum-loses-weeks-earlier-gains
            https://charts.bitcoin.com/bch/chart/price

Bitcoins will never go down to $200 dollars, that is the reason why you should invest even more in order to make more profit in the market while it was still low.

It certainly would not. Every market will always have a stretched point whether we like it or not, and the way the market has been behaving lately showed bitcoin has really reached that stretch point.

We recently saw the way the bears were rejected and then all of a sudden a pretty good bullish rise immediately after and now we are trading above the $6700 resistance with the hope of breaking the $6800, so I would say there could be some good move in coming days.

In my view $200 difference in hours is normal now in the price of bitcoin. In the morning when you see the price it will be $6200 and after some time it will up to $6400 and after some time or at the evening it will again drop $200 to $400. Now this difference in the price is not a big change for investors, but traders can take advantage of this small volatility in the price.

[Viscore]

Although bitcoins is highly volatile we can see that over the last 6 months the trend of bitcoins price is not what investors would like. It seems that bitcoin may in the future become a legitimate currency but with the trend of the price of BTC so far it is more likely to stay that way or dip further yet bitcoin has paved the way for other cryptocurrencies and this could be a major turn point for other applications that cryptocurrencies can offer.

Are you optimistic about the price of bitcoin ?

Do refer the links below

Source: https://cointelegraph.com/news/crypto-markets-drop-sharply-ethereum-loses-weeks-earlier-gains
            https://charts.bitcoin.com/bch/chart/price

It is really helpless to think about that,  instead we must be positive in the coming days. We aren't optimistic at all but sure we don't want have a declining trend of bitcoin and even thinking that it will reach into $200. If that will happen, investors will leave crypto due to huge losses.

[Sahyadri]

Bitcoin has found a support at $6k. That support has pretty good volume to turn down any dump reaching it. If Bitcoin still falls from there, $5200 is another good support. If still in some circumstances BTC reaches $200, then cryptocurrency market is going to lose many investors which will be a nightmare for bulk holders. They need people, they need investors. They are never going to play with the market at such levels.

[onrise]

besides not in accordance with the wishes of investors, the current price of bitcoin is also not in accordance with what is said by experts. and this makes many investors frustrated and sell their bitcoin.

In frustration things does not go right and better to hold it for a while which is more better than selling in a loss. Holding period may be longer but it will yield you good profits in the long term unless you require money for immediate needs.

[Idrisu]

Although bitcoins is highly volatile we can see that over the last 6 months the trend of bitcoins price is not what investors would like. It seems that bitcoin may in the future become a legitimate currency but with the trend of the price of BTC so far it is more likely to stay that way or dip further yet bitcoin has paved the way for other cryptocurrencies and this could be a major turn point for other applications that cryptocurrencies can offer.

Are you optimistic about the price of bitcoin ?

Do refer the links below

Source: https://cointelegraph.com/news/crypto-markets-drop-sharply-ethereum-loses-weeks-earlier-gains
            https://charts.bitcoin.com/bch/chart/price

I am coming across this kind high dumping speculation for the first time. I am really surprised for seeing bitcoin be speculated to go down as low as $200. Bitcoin may never get that low and I think the current price is good enough to buy. If you did not want to be among those that are going to have to regret in future then you should buy now.

[pocketfullofpoke]

I think it's better if we will just wait and see what's going to happen to bitcoin in the coming future because even analysis from crypto experts will sometimes fail because it is just a sort of prediction or speculation that is bound to happen or not.

[KalaiBTC]

Although bitcoins is highly volatile we can see that over the last 6 months the trend of bitcoins price is not what investors would like. It seems that bitcoin may in the future become a legitimate currency but with the trend of the price of BTC so far it is more likely to stay that way or dip further yet bitcoin has paved the way for other cryptocurrencies and this could be a major turn point for other applications that cryptocurrencies can offer.

Are you optimistic about the price of bitcoin ?

Do refer the links below

Source: https://cointelegraph.com/news/crypto-markets-drop-sharply-ethereum-loses-weeks-earlier-gains
            https://charts.bitcoin.com/bch/chart/price

We should understand that this market move in cycle and you have to understand this in other not to take wrong decision during investing.  Now is the time to buy and those that have buying mindset will make money in years to come.  Bitcoin may likely still going down but you should see it as the time to buy.

Those who are smart enough will always know when to be getting in and what they should not even bother themselves so much looking forward to as such price at $200 is something that is not something I believe anyone should be looking forward to at this point in time.

Firstly, the $6k region has been holding pretty much probably based on several speculations about the mining costs, and also even if we get to see a huge price downward, I see no way we would go that low when there is a lot of support below us and there is always one thing they call a balance in the long run.

This fluctuation is helpful for traders especially for new traders because they can start their trading career in these conditions. If the price downs they will lose small money but they may earn more than their deficits at the same day. Therefore I think that volatility to this limit is normal and will not cause panic for investors. They should bear this situation easily.

[putrisa]

I think the price of bitcoin at the moment the price drops very much not as you mentioned, the highest price of bitcoin is up to $ 20k and now the price is falling so deep like this I think this is the most severe decline in bitcoin prices.

[zhekinsp]

I think the price of bitcoin at the moment the price drops very much not as you mentioned, the highest price of bitcoin is up to $ 20k and now the price is falling so deep like this I think this is the most severe decline in bitcoin prices.

I think that price fall already dropped at $6000 range few months back but after that it keeps bump and dump at the range with different price swing range but certainly stick with that range only of about $6000- $7000,But still the price drop is normal in bitcoin and it happened many times since the creation of bitcoin so don't be afraid to hold your coins for long term.

[xvacator]

I think the price of bitcoin at the moment the price drops very much not as you mentioned, the highest price of bitcoin is up to $ 20k and now the price is falling so deep like this I think this is the most severe decline in bitcoin prices.

I think that price fall already dropped at $6000 range few months back but after that it keeps bump and dump at the range with different price swing range but certainly stick with that range only of about $6000- $7000,But still the price drop is normal in bitcoin and it happened many times since the creation of bitcoin so don't be afraid to hold your coins for long term.

But there still any possibilities to see the price will drops again in the future and if bitcoin price cannot increase higher, then the chance to see the price down will bigger. But since we don't know how much bitcoin will down, we can only prepare for the worst thing, so we don't have to panic when the price is down. In this time, we need to give support for bitcoin still so bitcoin can get up and reach the higher price again and the price will break more than $10k in the next month.

[boty]

the price of bitcoin is currently falling deeper than you mentioned the price of bitcoin is now getting worse and this is a nightmare for all bitcoin traders who have assets in bitcoin will definitely feel depressed because they see the condition of bitcoin prices falling again.