Fire in the market: Bitcoin is below $4000

[Lalafell]

bitcoin is going to die. but hey it was fun.

Do not ever tell that die bitcoin will gonna die. As you can see the price of bitcoin surpass the $4000 and I think it has little improvement. Can you tell me what is fun? There is no fun here because many people already lose huge amount of money because of the falling price. Lastly, I am sure that bitcoin will survive in many years.

[1714786667]

1714786667

[buharikx31]

The market starts scaring the shit out of me. What the hell is wrong with the cryptocurrency market? What on earth is going on in the cryptocurrency market? I used to justify the recent market crash as a 'fake dump' but now it starts freaking me out! So, where do you guys think is the next bus stop for bitcoin? I'm thinking isn't this beyond 'hash wars' or Bakkt launch fake dump by the whales?

It should get better after the price 3500$, 4300$ it's a new pice but still I think it can stand for this price I think another week or two then we can expect a new grow in crypto market

[deppil]

bitcoin is going to die. but hey it was fun.

I don't think so, Bitcoin has been criticized for so many times same what you are just said it now. But still Bitcoin stand and became the top and king of all crypto currencies in this industry. From 200$ 2014 and now the price of bitcoin was thousand of dollars. If I know, you're just waiting it to dump it more then you will take the chance to buy bitcoin if that happens.

Lol that is their goal. of course bitcoin will not die in the near term. people just want to make market conditions worse by spreading
fud. so they can buy and dump at cheap prices. this is not the end of bitcoin and crypto. look now price become green and improved prices

[Reid]

You almost panic there. What else would it be to those who saw it went down to $5k and have weaker hands?
They already did what you could have done now. I say it is like a landslide of small investors.
One goes down and the other did making a large avalanche that dumps the bitcoin price.
We cannot just blame it to the whales. Those who followed them also contributed a big part to all of this.

[Ridwan Fauzi]

The movement of the price of bitcoin in the past few days has been very volatile. I saw in coinmarketcap the price increase reached 10% and soon it declined again to 7% and there was no news that could really change prices so quickly. And might predict the OP will occur, the price decrease will touch $ 3000 and then it will rise again.

[Rooster101]

Bitcoin is far from dying and and the present low price of the coin even provide opportunity to many investors whose been waiting for cheaper bitcoin. The price of the topcoin might go down further this december but it doesn't mean  its dying. This price correction or accumulation is natural part of cryptocurrency volatility and price cycle. After the price hit the bottom, there's no other way to go but up.

[zeingrind777]

Is this caused by large investors who have lost hope in bitcoin? If yes, why are they dumping bitcoins that have great potential in the future? Has Bitcoin been replaced by another coin? this makes me a little frustrated. What can we do if the market continues to fall, while we have lost a lot of money

[Ansdaoust6]

For holders out there, looks like you going to hold further more. For others, time to buy or wait a little more there might be another lowest price this year. It seems the bottom hasn't reach yet. I think bigtime investors are continually increasing their coins by buying at a discount.

Even holders can still have a chance to be buying into the market now to be able to take advantage of the low prices as well and for those who bought at the peak and still holding, that would practically be like one of the best things to be doing right now, considering the fact that the market is giving an opportunity again, to at least be taking good chance on the future.

Opportunities like this tend to come only in few years, and it takes being smart to be able to take advantage of it. Those who are familiar with the way things are with market will always know better in most cases.

[ololajulo]

It is difficult to behold but checking the history of the market, it has always been the trend; bullrun follows by bear run. The dump has a disheartening margin within 50-80% dump. Sometimes it last more than 2 years. If one had listen to older enthusiasts we could have learned and make better decision during the bullrun. Any investor who partook now and fall victim again will look like a fool.

[manfredmann]

The movement of the price of bitcoin in the past few days has been very volatile. I saw in coinmarketcap the price increase reached 10% and soon it declined again to 7% and there was no news that could really change prices so quickly. And might predict the OP will occur, the price decrease will touch $ 3000 and then it will rise again.

I do not believe market price prediction at all because it can relatively lost a lot especially if one will believe on it. There is no one can really predict the market of cryptocurrency. If you are an investor now it might be good to cool down first on investing crypto for the market is not so good. Just wait there is a good market price increase that we can almost state that market has already recover.

[monoglaz]

As I think bitcoin will soon be on its feet, so to speak, it will rise in price, and in my opinion the price for bitcoin will not be below 6000$.I’ll hope for the best.

[aad140386]

It seems to me that the next stop will be in the region of $ 3,000. True to begin with, I am waiting for growth in the region of 4500-5000 dollars, and then fall again. Maybe, I certainly can be wrong, but it seems to me that until mid-2019 the situation will be consistently bad and there will be no Bitcoin growth. The market will be in the flat in the range of 2500-4500 dollars for Bitcoin. Many investors will go out and sell their cryptocurrency. In addition, I expect news attacks on cryptocurrency and recommendations to sell cryptocurrency from many
false cryptocurrency experts. But towards the middle of 2019, I am waiting for the growth of cryptocurrency.

[dmamigo]

Still, in a better situation, many analysts predicted this since the last high it reached on 2017 end. $6000 was quite a good support for a while, now it is hovering around $3500, I hope it stays and from here practical bull run takes place. But, still, I won't be surprised to see it go down to around $2500.
Now, all depends on manipulators, common people/investor.

[A L I E N]

Bitcoin just made a Black Friday, so you can get it at 50% off 

I see that this Black Bitcoin Friday lasted too long. Nobody was happy to get such a great discount. However, I guess, the better time will come, and this winter will be the period of the cryptocurrencies growth.

[pinoyden]

Is this caused by large investors who have lost hope in bitcoin? If yes, why are they dumping bitcoins that have great potential in the future? Has Bitcoin been replaced by another coin? this makes me a little frustrated. What can we do if the market continues to fall, while we have lost a lot of money

the crashed arent only caused by large investors because it is also caused by the manipulation of whales  . bitcoin didnt also replaced by another coin because because we can see that the it is still the leading crypto even though it drop a major percentage from the past months  .  

What can we do if the market continues to fall, while we have lost a lot of money

theres only one best thing that we can do when the market continues to fall and that is to keep hodling however we can also sell some of our assets if we trully  need a cash  .  

overall , the bearish trend that we are experiencing right now is about to end because the value is now stabilizing and is showing signs of life .

[Barcode_]

Still, in a better situation, many analysts predicted this since the last high it reached on 2017 end. $6000 was quite a good support for a while, now it is hovering around $3500, I hope it stays and from here practical bull run takes place. But, still, I won't be surprised to see it go down to around $2500.
Now, all depends on manipulators, common people/investor.

I think if the values of bitcoin continues and drop to around $2500 USD per bitcoin, I believe a lot of miners might decide to shut down their mining machines as it would be very difficult for them to continue operating their bitcoin mining business, so I guess the values of bitcoin might see a strong support level at around $3500 USD per bitcoin. And hopefully once Bakkt starts their operation in January 2019, there might be a chance for the return of the bull market as some new investors might decide to inject fresh funds into crypto-currencies.

[nur rochid]

Bitcoin just made a Black Friday, so you can get it at 50% off 

I see that this Black Bitcoin Friday lasted too long. Nobody was happy to get such a great discount. However, I guess, the better time will come, and this winter will be the period of the cryptocurrencies growth.

when viewed from the chart, indeed bitcoin managed to break its defenses downward, so the downward trend continued. I think many are waiting for the signal to get a reversal trend

[enwi]

yeah, now the market is still red and I hope it will soon be green because I am sure that the crypto price will definitely change again and will recover soon, so I will still be waiting for that to happen

[mcTether]

It has been quite disastrous for the past two weeks in the crypto market. But the prices started recovering this weekend though. Let's see if it continues recovery into the new week.

[Ranly123]

It's not just Bitcoin is falling but also all altcoins in the market. So I guess it's only fair just like an economic crisis but I a digital aspects. So the only solution to this crisis is patient and enthusiasm to what we are investing.