The harmful affect of a continuous downward movement of the Bitcoin price.

[reynald70]

If the price fell too much then you can buy more bitcoins with the money what you have so just take it easy!

Looks like harm for now but in the end of 2019 we may see some huge bump....[shhhhhh]

Yes right, there is a big advantage if the price of Bitcoin continues to decline, so we can buy at low prices. So when prices drop we don't panic, but we have to hurry to buy, hopefully right by the end of 2019 the price will turn into a big increase.

[0t3p0t]

Most people would agree that it would be more beneficial for the price of a stock/commodity/currency to slowly go up, rather than continuously going down.

Investors <short-term> are looking at a potential investment, where they can be motivated to invest more money into that investment, because the profit <carrot> is held in front of them, because the price is continuously going up. This is what happened prior to 2017 and that is why investors dumped large amounts of money into Bitcoin. <Back then, the price pattern showed a continuous upward trend>

Now, with the price constantly going down, investors are sceptical to invest in Bitcoin and some short-term investors are pulling the plug.

Even if you are not interested in Bitcoin as an investor and you are just buying bitcoins to use as a currency, then a continuous downward movement in the price is more heart breaking, because you are getting less value for the bitcoins that you bought the day or the week before.

Even merchants hate a downward spiral of the price, because they will lose profit, if they are not using a payment processor to convert the coins to fiat currency.

On the way down a lot of people panic and they sell at a loss and these people will lose confidence in the currency/commodity and they will never invest in Bitcoin again.

We need a slow upward trend to get us back on track or this will go down in flames.  

I think downward movement in Bitcoin price is not that harmful because of the fact that we are in an advantage in both down and upward trend. Investors hoard Bitcoins during plummet and sell when it bounce back or make a new all time high. I am not that sure for merchants on what is their opinion regarding a continued movement of prices downward as I think it is so complicated for them.

[breathlessz]

Most people would agree that it would be more beneficial for the price of a stock/commodity/currency to slowly go up, rather than continuously going down.

Investors <short-term> are looking at a potential investment, where they can be motivated to invest more money into that investment, because the profit <carrot> is held in front of them, because the price is continuously going up. This is what happened prior to 2017 and that is why investors dumped large amounts of money into Bitcoin. <Back then, the price pattern showed a continuous upward trend>

Now, with the price constantly going down, investors are sceptical to invest in Bitcoin and some short-term investors are pulling the plug.

Even if you are not interested in Bitcoin as an investor and you are just buying bitcoins to use as a currency, then a continuous downward movement in the price is more heart breaking, because you are getting less value for the bitcoins that you bought the day or the week before.

Even merchants hate a downward spiral of the price, because they will lose profit, if they are not using a payment processor to convert the coins to fiat currency.

On the way down a lot of people panic and they sell at a loss and these people will lose confidence in the currency/commodity and they will never invest in Bitcoin again.

We need a slow upward trend to get us back on track or this will go down in flames.  

I think downward movement in Bitcoin price is not that harmful because of the fact that we are in an advantage in both down and upward trend. Investors hoard Bitcoins during plummet and sell when it bounce back or make a new all time high. I am not that sure for merchants on what is their opinion regarding a continued movement of prices downward as I think it is so complicated for them.

of course when prices go down is an opportunity, so too when prices rise is a chance too. how we can maximize this opportunity to make it a profit. but most people still have greediness. including me

[semobo]

If the price fell too much then you can buy more bitcoins with the money what you have so just take it easy!

Looks like harm for now but in the end of 2019 we may see some huge bump....[shhhhhh]

Yes right, there is a big advantage if the price of Bitcoin continues to decline, so we can buy at low prices. So when prices drop we don't panic, but we have to hurry to buy, hopefully right by the end of 2019 the price will turn into a big increase.

What if we ae seeing the price declining too much,looks like bad for the future and it may kills the crypto currenies if the bitcoin prices fell below $2000 or lower.So just buy now and make the prices increase soon.

[milewilda]

If the price fell too much then you can buy more bitcoins with the money what you have so just take it easy!

Looks like harm for now but in the end of 2019 we may see some huge bump....[shhhhhh]

Somehow the see-saw effect of the market bouncing back and forth are quite funny yet frustrating to look at, since if someone dump their bitcoin it is basically adding more weights on the other side(marketcap) while lifting the other side(price) and so on.

I can't really tell if there would be a bullishness this year since most of the speculators are ready for the halving next year.

[Betwrong]

~
If they're afraid and not comfortable then don't enter. But what I don't like hearing is those complaining specially noobs saying that they have miss the opportunity again.

I think those people have to choose sides. If they think Bitcoin is something unnecessary for the future world, they should sell all of it right away and move on. But if they think that BTC will be used by people on the level they use laptops and smartphones (things that also were unpopular at some point in the past), then they should buy more coins these days, because the price will inevitably rise if adoption will rise 100 times and more. The price might not rise 100 times, but 20 times from today's level is something which is very likely. So, for those who understand that Bitcoin will hardly die because of its uselessness in the future, it's time to start making purchases. Today's market reminds of that we witnessed in 2015 when Bitcoin was fluctuating in the range of $200-$300. People who bought at $290 and then saw it dropped to $220 probably were regretting the buy, but surely they were smiling two years later.

[Indrawan77]

Snip

I think downward movement in Bitcoin price is not that harmful because of the fact that we are in an advantage in both down and upward trend. Investors hoard Bitcoins during plummet and sell when it bounce back or make a new all time high. I am not that sure for merchants on what is their opinion regarding a continued movement of prices downward as I think it is so complicated for them.

I disagree, the temporary falling down price is not harmful and can be consider as the healthy correction, but if the price continously fall down then its mean people are not interesting in the coin anymore and in long term it can decrease the trust of investors, when more and more investors feel that way then the coin could lose its value and got stagnant growth, so for now its quite important for bitcoin to hit the bull run because the bear market already happen for a long time

[justdimin]

I doubt it has a long term bad affects on bitcoin. Like I understand people are out there who lost hope on bitcoin and what it could be but most of those people were people who believed in this project because they thought they could put in 1000 dollars into bitcoin and take out 2000 dollars from it and make profit in fiat.

None of the people who trust bitcoin enough to actually say they would love to spend bitcoin one day instead of cash out actually left. They are still here and people like me who believe in that future will not leave no matter what the price is so on long term the price and downward movement will not have a bad side affect since people who brought bitcoin all the way here are not leaving until it reaches to the point where we spend it instead of trade it.

[Arsen2281]

Most people would agree that it would be more beneficial for the price of a stock/commodity/currency to slowly go up, rather than continuously going down.

Investors <short-term> are looking at a potential investment, where they can be motivated to invest more money into that investment, because the profit <carrot> is held in front of them, because the price is continuously going up. This is what happened prior to 2017 and that is why investors dumped large amounts of money into Bitcoin. <Back then, the price pattern showed a continuous upward trend>

Now, with the price constantly going down, investors are sceptical to invest in Bitcoin and some short-term investors are pulling the plug.

Even if you are not interested in Bitcoin as an investor and you are just buying bitcoins to use as a currency, then a continuous downward movement in the price is more heart breaking, because you are getting less value for the bitcoins that you bought the day or the week before.

Even merchants hate a downward spiral of the price, because they will lose profit, if they are not using a payment processor to convert the coins to fiat currency.

On the way down a lot of people panic and they sell at a loss and these people will lose confidence in the currency/commodity and they will never invest in Bitcoin again.

We need a slow upward trend to get us back on track or this will go down in flames.  

Any investor like everyone else will not like a project that will fall for a long time. And accordingly he will not want to invest in it. But here there are other people who are just investing at this moment.

[Crypdon]

It seems that the slow downward trend has been bucked with an unusual spike in the market. This is either due to the usual manipulation, or there is some insider news that an ETF is imminent

[bajingluncat]

however, people see bitcoin as an investment tool, where price increases are triggered by demand, but really how will there be an increase in demand if prices continue to decline? new investors to join and old investors to keep holding the bitcoin, maybe with that, prices will rise slowly and can attract investors, so right now we should multiply positive or constructive topics or posts, and stop complaining or spreading FUD (bad news for sure)

[AjithBtc]

Bitcoin has taken the financial system far away from the current system. Though it hasn't got much of the legal attention from the governments around the globe, the oppositions made by governments at times helped with the growth of bitcoin. Recently the downtrend continued for a longer time period which made people to talk it as a scam, bubble and so on. Today after a long it has shown signs of growth.

[Vanshenz]

in fact there are so many dangers or adverse effects of the decline in the price of bitcoin, many people are stopping their investments and even many people are shaking off cryptocurrency because they feel insecure.
if more people leave, then bitcoin and other coins will no longer be of use.

[nur rochid]

in fact there are so many dangers or adverse effects of the decline in the price of bitcoin, many people are stopping their investments and even many people are shaking off cryptocurrency because they feel insecure.
if more people leave, then bitcoin and other coins will no longer be of use.

with the falling prices clearly this can reduce investor confidence, plus now many ico are scam, which makes investors disappointed. of course if this happens continuously, the price will continue to fall

[toast]

If the price fell too much then you can buy more bitcoins with the money what you have so just take it easy!

Looks like harm for now but in the end of 2019 we may see some huge bump....[shhhhhh]

if it becomes our chance to buy a lot of bitcoin but the danger is again if those people stop buying bitcoin. because the more quiet it will definitely have a bad impact on bitcoin and other crypto as well

[ethereumhunter]

The investor now becomes more careful to buy bitcoin, and they buy when the price is down. But if they see the price can start to increase, they will prepare to sell but not all of the bitcoin that they have because they want to sell at a very highest price.

I think if bitcoin price can slowly to increase then it will make investor comes to bitcoin again. I agree that we don't need to see the price to get the pump too higher, but then the price is down. What we need to see is the price can increase slowly, step by step to the higher price and soon, the price will be at the highest price, and we do not feel that the price cannot jump to the higher price.

[TelolettOm]

The spread of bitcoin is also easier to accept by people with a fairly good economic level. but for now it is not only an advanced country in the economy but in many developing countries there are still many people who are interested

[Kakmakr]

in fact there are so many dangers or adverse effects of the decline in the price of bitcoin, many people are stopping their investments and even many people are shaking off cryptocurrency because they feel insecure.
if more people leave, then bitcoin and other coins will no longer be of use.

Things like the Bitcoin ETFs that were proposed was supposed to increase institutional confidence and a safe environment to invest in Bitcoin, but the SEC are dragging their feet to get a Bitcoin ETF approved for them to enter the market.

An approval of a ETF will not give us a gradual increase in the price, but quite the opposite, because it will cause wild fluctuation in the price. We do not need excesive volatility to grow Bitcoin and to bring it to the masses. 

[Stac]

The continuous downfall movement of Bitcoin will bring panic to the Bitcoin holders and they tend to sell Bitcoin  and this will be a god thing for those who wish to buy Bitcoin and invest . this price fall of Bitcoin may be due to the Asian countries are trying to bring regulations to Bitcoin ..The biggest factor driving the price of Bitcoin  is the market over heating says Bertani .and the recent crash is some of the air coming out of the bubble . Last year there was a hike in bitcoin price a sudden hike will happen  after  a . crash down

[eroejoe]

Maybe you are right that continouous downward movement of the BTC price is not good for long term, but I am selfish and I need cheaper BTC because I did not come here in time to buy whole BTC with my pretty low earnings.