Your opinion about the decline in BTC prices in 2018

[Herbert2020]

So demands is less today compare to last year, resulting to a dramatic decline of the price up to today. But if you're going to compare it though to altcoins, they have suffered worst than bitcoin, just saying.

i wouldn't say "demand" is less today compared to last year because what we had last year in the end (i am talking about the price rise from $10k to $20k) was not exactly "demand" it was more like an "excited demand" which was people who were pouring in with a lot of money while the "sell" order books were rather empty since it was the uncharted waters above $10k and everyone was mostly watching where it ends and had no intentions of selling too soon.

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[Kemarit]

hi bro, how are you all hopefully we are all under God's protection, here i want to hear your opinion all about the decline in crypto prices in 2018, of course i also have an opinion about the decline in BTC prices especially, why in 2018 is the price of BTC decreasing I think that because of the increase in the number of BTC holding communities, and of course many new holders bought BTC in early 2018, because it is still new, of course they are panic about the decline in their assets, because of their panic selling low BTC prices, and in here I want to hear your opinion about this. thank you for all in this forum, hopefully healthy always

Its really hard to explain what really causes the decline o bitcoin. Its really a combination of factors like regulations and countries cracking down on bitcoin or price manipulation itself. So its going to be a struggle to even end this year with a bang. One thing though we learn from this bear market is that you really need to be mentally though not to listen to FUD's and not panic sell because it can really harm you in the end. This is a strong test for everyone, I'm sure that majority of us is not here during the bear season in 2013-2014 so we don't know how to react. So let's look at the bright side and learn a thing or two from this down trend and its time to accumulate and wait till the bull run in 2019-2020.

[talkbitcoin]

here i want to hear your opinion all about the decline in crypto prices in 2018, of course i also have an opinion about the decline in BTC prices especially, why in 2018 is the price of BTC decreasing

2018 was really speculated to be a year that will see a very good value in terms of price for bitcoin which will off course have a positive effect on the cryptocurrency in general because of the bullish run of bitcoin in 2017. The reason that cryptos didn't record such positive impact was because bitcoin too was really not bullish.

i don't know, we saw bitcoin have its bubble popped and reach stability months ago while there has been no more drops ever since with the price staying above $6k for good.
but at the same time we continued seeing the altcoins decline and set a new low every month!
so i wouldn't really connect the cryptos to bitcoin.

[Supercrypt]

hi bro, how are you all hopefully we are all under God's protection, here i want to hear your opinion all about the decline in crypto prices in 2018, of course i also have an opinion about the decline in BTC prices especially, why in 2018 is the price of BTC decreasing I think that because of the increase in the number of BTC holding communities, and of course many new holders bought BTC in early 2018, because it is still new, of course they are panic about the decline in their assets, because of their panic selling low BTC prices, and in here I want to hear your opinion about this. thank you for all in this forum, hopefully healthy always

It has been a rough year but it has been on a cleanse if you ask me.

Yes, 2018 was bad for all of us but we needed this cleanse, we were full of toxic people who kept using bitcoin as an investment method and never actually knew what bitcoin was all about.

We do not need people who have no idea what bitcoin is and why it came out and why it was invented at the first place and people who did not know the history of bitcoin and what has happened so far until today. We need wise people who researched and read and knows what bitcoin is about and the history of it before they invest into it.

[taratorly]

Free Market Economy. This will handle it Bitcoin. Some day market will start to rise and supply try to catch it if it can!

[chickenado]

So demands is less today compare to last year, resulting to a dramatic decline of the price up to today. But if you're going to compare it though to altcoins, they have suffered worst than bitcoin, just saying.

i wouldn't say "demand" is less today compared to last year because what we had last year in the end (i am talking about the price rise from $10k to $20k) was not exactly "demand" it was more like an "excited demand" which was people who were pouring in with a lot of money while the "sell" order books were rather empty since it was the uncharted waters above $10k and everyone was mostly watching where it ends and had no intentions of selling too soon.

Yeah I had also observe that situations mate, many people didn't want to sell their asset just because they've been expecting and hoping a lot with bitcoin. To add up an opinion with the declining btc price, it was being trapped by most panic seller who happened to be afraid of possible next crash of btc. Certainly I will encourage them to stop that mentality, because if btc will crash it could not be stable for the past few months and as the market fluctuates new demand still coming in.

[letsfly]

It is normal for the market to decline or go down. There is no such thing as uptrend forever. Also one of the biggest factor why it is declining is because of fear , uncertainty and doubt. Many investor are newbie and not that confident to hold their coins but instead they sell whenever they hear negative news.

[cabron]

The decline has to happen. It goes up and its normal for it to also come down. Panic is one factor but for the most part, those who pump the coin just took profit and they all have the right to do so. I took mine and its a fair share after all we all need to fill our pockets to survive when winter comes. I just didn't though the winder last longer. If we knew, we would have dump all the way.

[1Referee]

We need wise people who researched and read and knows what bitcoin is about and the history of it before they invest into it.

In an ideal world, we definitely would be heading towards that direction, but the real world however isn't that good looking at all. The further we dig into the multiple layers of mainstream adoption, the worse the people will get that we have to deal with at that point.

I seriously have never dealt with people being worse than the ones who entered the crypto space in 2017/2018, and this is just the beginning. I was wondering back in the days when I entered why the OG Bitcoiners were calling those who entered in 2013 parasites, but it makes sense now. It's a cycle that will never end, where every year is going to be worse than the previous one. People want mainstream adoption, well, here it is.

[yndye]

The decline has to happen. It goes up and its normal for it to also come down. Panic is one factor but for the most part, those who pump the coin just took profit and they all have the right to do so. I took mine and its a fair share after all we all need to fill our pockets to survive when winter comes. I just didn't though the winder last longer. If we knew, we would have dump all the way.

It made a parabolic move that's why it happened. There are people who took profit because they already made money from it. Those who were able to get in when the price is below $5k already triple their money but there are those who got greedy and didn't took some profit and watch the value of their coins go down by the minute. Some panic seeing those red candles day by day and for those who are already in the market for a long time, they knew what will happen that's why they already secure their profits.

[Ararbermas]

actually mate there is a lot of reason why bitcoin always experience a drastic decline , but the main reason actually are panic selling, manipulation and because as well of FUD's which is always intimate holders,  But no need to worry in my opinion 'cause it's just a temporary situation like what always happen .  Which is for sure soon it will  back to the business again after it gain enough strength.

[Tapyaks72]

actually mate there is a lot of reason why bitcoin always experience a drastic decline , but the main reason actually are panic selling, manipulation and because as well of FUD's which is always intimate holders,  But no need to worry in my opinion 'cause it's just a temporary situation like what always happen .  Which is for sure soon it will  back to the business again after it gain enough strength.

The price is not a primary problems because it is driven by  demand and supplies the good things is the system still intact and the integrity should need to enhance so that the trust of the investors will remain, and absolutely it will recover,  once the economy of the world will be better.

[Bagaji]

hi bro, how are you all hopefully we are all under God's protection, here i want to hear your opinion all about the decline in crypto prices in 2018, of course i also have an opinion about the decline in BTC prices especially, why in 2018 is the price of BTC decreasing I think that because of the increase in the number of BTC holding communities, and of course many new holders bought BTC in early 2018, because it is still new, of course they are panic about the decline in their assets, because of their panic selling low BTC prices, and in here I want to hear your opinion about this. thank you for all in this forum, hopefully healthy always

They are currently in the panic mode mainly because the orientation they have before investing their money Bitcoin and crypto currency in general was contrary to what it happening in to the market at the moment and that was the reason for their panic on whether to sell at lost or wait.

[Kolder]

hi bro, how are you all hopefully we are all under God's protection, here i want to hear your opinion all about the decline in crypto prices in 2018, of course i also have an opinion about the decline in BTC prices especially, why in 2018 is the price of BTC decreasing I think that because of the increase in the number of BTC holding communities, and of course many new holders bought BTC in early 2018, because it is still new, of course they are panic about the decline in their assets, because of their panic selling low BTC prices, and in here I want to hear your opinion about this. thank you for all in this forum, hopefully healthy always

They are currently in the panic mode mainly because the orientation they have before investing their money Bitcoin and crypto currency in general was contrary to what it happening in to the market at the moment and that was the reason for their panic on whether to sell at lost or wait.

Some due to too much lose in this bear market decides to shift from crypto trading to stocks or just released all their investment in crypto. It may take time before big investors bump the BTC.

[YuginKadoya]

hi bro, how are you all hopefully we are all under God's protection, here i want to hear your opinion all about the decline in crypto prices in 2018, of course i also have an opinion about the decline in BTC prices especially, why in 2018 is the price of BTC decreasing I think that because of the increase in the number of BTC holding communities, and of course many new holders bought BTC in early 2018, because it is still new, of course they are panic about the decline in their assets, because of their panic selling low BTC prices, and in here I want to hear your opinion about this. thank you for all in this forum, hopefully healthy always

They are currently in the panic mode mainly because the orientation they have before investing their money Bitcoin and crypto currency in general was contrary to what it happening in to the market at the moment and that was the reason for their panic on whether to sell at lost or wait.

Naturally, this is what happened when we are in a bear market and back in the years 2014 to 2015 the same thing did happen and it also lasted for a year or 2 but yes there are this panic buying and people that are also thinking that the market of bitcoin will just fall and FUD starting to erupt at that time, there are many affected by this kind of movement and decide to really quit bitcoin or even the crypto market But life still goes on with bitcoin and in the future it will still strive to take another leap in a new All time high.

[figmentofmyass]

hi bro, how are you all hopefully we are all under God's protection, here i want to hear your opinion all about the decline in crypto prices in 2018, of course i also have an opinion about the decline in BTC prices especially, why in 2018 is the price of BTC decreasing I think that because of the increase in the number of BTC holding communities, and of course many new holders bought BTC in early 2018, because it is still new, of course they are panic about the decline in their assets, because of their panic selling low BTC prices, and in here I want to hear your opinion about this. thank you for all in this forum, hopefully healthy always

Its really hard to explain what really causes the decline o bitcoin. Its really a combination of factors like regulations and countries cracking down on bitcoin or price manipulation itself.

actually, i think it's quite easy to explain. the hype finally dried up so buyers disappeared. the bubble popped. or if you don't like the term "bubble" we can call it a "blow-off top":

A blow-off top is a chart pattern that indicates a steep and rapid increase in a security's price and trading volume followed by a steep and rapid drop in price and volume.

sounds like late 2017 right?

bitcoin isn't the only asset that trades like this. any kind of exuberant rise like the 2017 run will usually have a steep decline afterwards. once the top is obviously in, everybody runs to the exits at once, and there isn't liquidity for them all. hence the crash.

after that, all the underwater investors sell into every bounce. markets take time to recover from massive range expansion like we saw last year.

[verguat33]

hi bro, how are you all hopefully we are all under God's protection, here i want to hear your opinion all about the decline in crypto prices in 2018, of course i also have an opinion about the decline in BTC prices especially, why in 2018 is the price of BTC decreasing I think that because of the increase in the number of BTC holding communities, and of course many new holders bought BTC in early 2018, because it is still new, of course they are panic about the decline in their assets, because of their panic selling low BTC prices, and in here I want to hear your opinion about this. thank you for all in this forum, hopefully healthy always

The big reason as I think is that the growth in the last quarter of 2017 was not according to the market cap and was created temporarily. Big investors wanted big profit and they made and then the price collapsed to the ground in very short time. That was in February 2018 and from that time the price is almost the same. The reason is no more investment.

[Chom_]

Bitcoin price has really undergone a long term decline this year, its like it is under control by some cryptographer's probably to control inflation and normally bitcoin volatility is a backing condition.
No one could say when it will rise, we all hope at the end of the year.

yes, it is difficult to predict the price of bitcoin, and I think the hope of many BTC holders, for the end of the year to rise again,

[KKH84]

Now that the annual cycle hasn't happened, we have to wait until the end of 2018, I'm sure the price of bitcoin will rise again but it will be difficult to break the record for rising bitcoin prices in 2017.

[bustedsynx]

It's obviously a correction from the parabolic rise of Bitcoin in 2016 - 2017. It's all about market cycles. The next bullrun will bring it higher.