This is not the end of bitcoin

[AndrejWarhola]

Recently, I have been seeing a small spike in the number of posts about bitcoin prices. Most of them seem to be out of fear bitcoins end.

But I think bitcoin will survive. Here is why I think so.

First let’s take a quick look at the price charts.




Now the prices for BTC is depicted for a day. Seems like BTC is falling fast right?

Now let’s look at another image.



Now this is the price chart of BTC for a month. Doesn’t look that great does it. I mean the prices were volatile and seem to now be falling.

Lets take a look a the last image.



In this image can you spot the fall that easily?
Not really. It does look highly volatile. But then the prices seems to be stabilizing. The spikes seem to be reducing and there seems to be consistency.
The thing is we have looked at bitcoin up close and that’s why we say things like:

Bitcoin prices are falling

Bitcoin down by 20%

Is this the end for Bitcoin

But when we start looking at the bigger picture. We can see that bitcoin has come a long way and the price chart if seen up close might show a trend towards the end. But sometimes the bigger picture needs to be seen. Don’t panic bitcoin still has a lot left. It will keep fighting.

If not the price chart. Think about the fact that countries like the US and India have noticed bitcoin and other cryptocurrencies and have planned to provide a verdict. I will admit that it has been delayed but the mere fact that the SEC in the US and the Supreme court in India are providing a verdict means bitcoin might just be a step closer to becoming a global currency.
At least it keeps the Hope alive.

This is just my opinion. I would really like to know about yours.
If I am wrong please prove it to me.
I am always happy to learn more.

Picture source: https://coinmarketcap.com/currencies/bitcoin/ [nofollow]

[trauchot]

Before bitcoin was falling very often and there were even more drops, now the whole market is simply falling due to various negative news, but positive news is expected soon, which should start somehow to contribute to the market and the market will have to start growing.

[Zed0X]

OP, I usually report plagiarism when I see them. Since you are still quite new to this forum, I will give you a pass. Please read the rules first before posting and commenting.

Note that I have checked your other posts and it shows that this is not the first time you plagiarized. Please start properly.

[cryptofunn]

it is likely that Bitcoin will drop to 3200-3000, but this does not mean that the end has come. Bitcoin is actively buying and volume figures in the graphs speak about it.

[auns]

although currently the price of bitcoin has dropped again to be lower but that does not mean that this will be the end of bitcoin, bitcoin will definitely be able to survive and will definitely recover soon

[Coin63@]

Yes it not the ending point of bitcoin. We always assure that bitcoin will regain its market again. So holding and patience is the main target.

[Morrower]

It's clearly seen that it's falling and not going to rise in nearest time.
It's predicted that it will lose 50% more of its price till the end of the year..

I don't know what to believe and can't decide if I should continue holding it.

[Collinberg]

This is very very true, I usually just laugh when I see people panicking and saying that bitcoin would still come to an end, Blockchain technology is here to stay and I doubt a little bear market would change that fact.

[Crypto Prime]

understanding the crypto market that is not stable is not easy because we should be able to follow the movements of crypto prices themselves. the unstable crypto market made many people frustrated and eventually gave up with heavy losses. it would be better if we could be more patient to follow the crypto market because I believe that the crypto market will recover.

[Hope15]

You're right! This is not the end of bitcoin, people get panic this past few days until now cause bitcoin didn't increase the price, i guess there is a kick back here if the bitcoin will recover the price, so let's be patience and wait what will happen next abd don't panic to sell.

[yitzjoe]

the decline of bitcoin is serious and this makes many crypto holders confused and anxious, but bitcoin will recover because the market still needs them to continue to move

[DeKingCrypto]

This positive mentality and I like this types of mentality, if we should everyone going with such mentality, it will help us in this crypto world.

[Putih]

Obviously bitcoin will not expire this year, the decline in bitcoin value does not mean that bitcoin will end and as long as bitcoin is still in exchange then there is no need to worry about bitcoin.

[Bobcrypto]

And addition, i personally think that Bitcoin actually started from, say $1 some years back, and it gradually rose to near $20,000 in late 2017, and now that Bitcoin has dropped to it's current price, it does not mean that it cannot rise back to near $19,000 again. I think what is happening is just normal market situation largly due to demand and supply rules. Every crypto enthusiasts will definitely smle again in my opinion. Thank you all.

[Quart]

Although it seems the bitcoin price always drops day to day but I still think it is the process in bearish and someday best price will be back. We cannot hope for the best price during bear market. Of course it will try to more decline. I am still confidence it will rebound someday in this year.