Altcoins Talks - Cryptocurrency Forum

Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: Quart on May 10, 2020, 03:25:34 PM

Title: Bitcoin price dropped severely
Post by: Quart on May 10, 2020, 03:25:34 PM
Have you checked the current price of Bitcoin, guys?
Just checked it here: https://coinmarketcap.com/currencies/bitcoin/. It is so sad that the Bitcoin price has dropped very severely today. I don't believe this is happening after a great increase yesterday. Is this the end of Bitcoin bullish in Q2 of 2020?
Title: Re: Bitcoin price dropped severely
Post by: Fenix on May 10, 2020, 05:34:34 PM
Yesterday I saw a Bitcoin exchange rate, which,
  according to the CoinMarketCap table, it was $ 9,864, and now the price of bitcoin is $ 8,696. A drop of about ten percent for bitcoin means little. However, due to the fact that in a few days, namely on May 12, the reward will be halved by the miners, then in the next few months the price of bitcoin may actually fall. However, after the network adjusts itself, the price of bitcoin will go up.
Title: Re: Bitcoin price dropped severely
Post by: debra on May 10, 2020, 11:51:06 PM
The decline always follows after the rising phase. I think it is normal and no need to worry so much. Just be patient, I think after the correction, Bitcoin price will continue to rise up again. We know that in halving, the number of BTC is limited, so the price will rise up.
Title: Re: Bitcoin price dropped severely
Post by: Master107 on May 11, 2020, 12:14:24 PM
Decrease of bitcoin price is not the indicator of its end. How weak bitcoin  is if it will gonna happen. Bitcoin holders are some of the big names in this world. Basically, they will not invest their money for nothing to gain.
Title: Re: Bitcoin price dropped severely
Post by: Oxumare on May 11, 2020, 02:54:15 PM
Bitcoin mining will continue until 2140.Perhaps halving the reward in mining will lower the price of Bitcoin further in the first weeks.
But my opinion is that the real rise starts in mid June.The real question is this? When will there be money entry into altcoins?
Title: Re: Bitcoin price dropped severely
Post by: mlawson71 on May 11, 2020, 03:18:59 PM
The current depreciation looks just like a regular correction to me, it's normal.
Title: Re: Bitcoin price dropped severely
Post by: debra on May 11, 2020, 11:57:54 PM
Decrease of bitcoin price is not the indicator of its end.
Indeed. It happened many times and always increased again after bearish. I think the decline in BTC price is the chance to buy before it increases again. But never buy blindly, analyze what to happen in BTC trend in the next few days/weeks/months.
Title: Re: Bitcoin price dropped severely
Post by: zendicator on May 12, 2020, 03:26:30 AM
i did not expect that there will be a pre halving dump that was happened. For me, this is just a short term dump and we will see bitcoin slowly pumping until it breaks its all time high before or maybe it will get slower rise up because of this pandemic most people have no money to buy crypto.
Title: Re: Bitcoin price dropped severely
Post by: ShadowCrypto on May 12, 2020, 04:00:11 AM
Coin Metrics indicate that miner-led selling pressure for Bitcoin is already high and likely to increase in the coming months as the halving takes place.
Title: Re: Bitcoin price dropped severely
Post by: babu10 on May 12, 2020, 08:09:00 AM
Have you checked the current price of Bitcoin, guys?
Just checked it here: https://coinmarketcap.com/currencies/bitcoin/. It is so sad that the Bitcoin price has dropped very severely today. I don't believe this is happening after a great increase yesterday. Is this the end of Bitcoin bullish in Q2 of 2020?

Actually it is nature of BTC market. From 2017 i am seeing this kind of BTC market where in 1 week it up $1000 and next day it down to $1.5k. So there is nothing to upset. If you want to trade or invest, have to do in this market and we must have calculate profit or lose like this market condition.

Be happy and keep safe in this crisis moment.
Title: Re: Bitcoin price dropped severely
Post by: Bobcrypto on May 12, 2020, 10:03:46 AM
Beside been a nature of Bitcoin as you stated, nothing goes up without coming down. Remember, there must be people buying  and people selling at every point: this the demand & supply rules playing out every time. Bitcoin will pump at some time, become many people are buying, and will come down at some time because many people are also selling. I think that the more people buy, may be because of the halving event, the more the price increase vice versa.
Title: Re: Bitcoin price dropped severely
Post by: Andruha1993 on May 12, 2020, 07:17:04 PM
No need to panic. You need to be optimistic and on the contrary it seems to me good that the price has fallen. So maybe we'll see a green color.
Title: Re: Bitcoin price dropped severely
Post by: Review on May 13, 2020, 03:33:54 AM
Yes it's true that bitcoin price going up and down now a days but the reason is stock market still down and the whole world are effected by corona...so this time many btc miners start mining on btc which lead btc some time go up and sometimes go down..btc price won't be stable till the pendamic of corona don't go from present world..
Title: Re: Bitcoin price dropped severely
Post by: Doctor on May 13, 2020, 03:09:49 PM
Have you checked the current price of Bitcoin, guys?
Just checked it here: https://coinmarketcap.com/currencies/bitcoin/. It is so sad that the Bitcoin price has dropped very severely today. I don't believe this is happening after a great increase yesterday. Is this the end of Bitcoin bullish in Q2 of 2020?

Keep calm, I think It is just pump and We will see the bull market in this year. The bitcoin price is going down today, I think It is normal, Dont panic. We will see the bitcoin halving at the middle this year. I believe about that.
Title: Re: Bitcoin price dropped severely
Post by: crypto4ell on May 13, 2020, 04:33:14 PM
In my opinion, bitcoin looks more than attractive even with the current price. I notice that among my friends, the desire to buy at least 1 whole bitcoin prevails.
Title: Re: Bitcoin price dropped severely
Post by: mlawson71 on May 13, 2020, 04:47:57 PM
It is pretty bullish for the moment, the depreciation was just a normal correction.
Title: Re: Bitcoin price dropped severely
Post by: Senin on May 13, 2020, 07:12:38 PM
Over the past day, the price of bitcoin has even risen decently and now, according to CoinMarketCap, is $ 9,035. However, after halving the reward to miners, bitcoin in the first months may fall in price and this will be quite normal, since this sector will be deregulated for some time.
Title: Re: Bitcoin price dropped severely
Post by: emad785 on May 13, 2020, 08:37:27 PM
I think it will start rising again
Title: Re: Bitcoin price dropped severely
Post by: sampoerna on May 13, 2020, 10:28:23 PM
I think it will start rising again
Yes, after decreasing should be the next rising. Today I saw on the market, Bitcoin price has started to grow (improve) again. The current price is already around $9,200. Finally, the price of Bitcoin can be above $9k again after a long time below $9k. It is a good sign for BTC holders.
Title: Re: Bitcoin price dropped severely
Post by: crypto4ell on May 13, 2020, 10:53:30 PM
I think it will start rising again
Yes, after decreasing should be the next rising. Today I saw on the market, Bitcoin price has started to grow (improve) again. The current price is already around $9,200. Finally, the price of Bitcoin can be above $9k again after a long time below $9k. It is a good sign for BTC holders.
In any case, I would not advise anyone to sell it now. I am sure that at the end of the year will be very,, delicious,, price for it.
Title: Re: Bitcoin price dropped severely
Post by: ShadowCrypto on May 14, 2020, 03:33:14 AM
I said on Saturday or Sunday that we would go back to 10k by Friday. I still believe that. That dip was a gift for institutional investors to piggy back PTJ.
Title: Re: Bitcoin price dropped severely
Post by: Jaguar on May 14, 2020, 11:44:56 AM
Maybe after severe decrease impressive increase is next because it seems that's how bitcoin act in volatile place. Possible after pandemic things might be normal again and cryptos will slowly increase. Let's wait the month of December before 2021 come in.
Title: Re: Bitcoin price dropped severely
Post by: Bobcrypto on May 14, 2020, 11:58:29 AM
We have to realize that the price of Bitcoin can not completely be tag to the pandemic (covid19), but it important to remember that Bitcoin/altcoins will always fluctuate up or down at any time. I don't think it is a big deal anymore that crypto prices are volitile and can rise or fall, typically based on the demand and supply tules
Title: Re: Bitcoin price dropped severely
Post by: trauchot on May 14, 2020, 12:21:20 PM
Firstly, bitcoin reached a price of 10k$, and then price fell somewhere to 8.5k$ and now again, most likely, bitcoin will increase in price till 10k$. It is very interesting to observe how manipulators and big players are playing with the bitcoin price.
Title: Re: Bitcoin price dropped severely
Post by: corr on May 14, 2020, 01:51:29 PM
Well, this is not surprising. The price is always falling and rising. I think this fall should alert everyone who expects higher prices in the near future. I think this fall in bitcoin is nothing more than the sale of their bitcoins by big players. I think soon there will be even more decline when the big players fully sell their bitcoins that they bought for 4-5k
Title: Re: Bitcoin price dropped severely
Post by: sampoerna on May 14, 2020, 08:18:21 PM
In any case, I would not advise anyone to sell it now. I am sure that at the end of the year will be very,, delicious,, price for it.
Why not? There is no guarantee that the price will soar at the end of this year? If you already meet the target, then no problem to sell your assets. Or if you need fiats because of urgent needs, it is the right time to sell. But if you have no problem in financial and have the intention for a long term investment, then holding is okay.
Title: Re: Bitcoin price dropped severely
Post by: Seerge on May 14, 2020, 11:20:17 PM
Many people take profit when the price of Bitcoin rises, so supply increases and demand drops dramatically.  That is why the price of Bitcoin has fallen dramatically, but this is normal in Cryptocurrency.  All will change quickly, and the rise and fall of prices of Cryptocurrency can be utilized to take advantage.
Title: Re: Bitcoin price dropped severely
Post by: wahyudi on May 16, 2020, 04:16:37 AM
in this week the price of bitcoin did drop dramatically, even down to 20% from the previous price.  will bitcoin prices continue like this?
Title: Re: Bitcoin price dropped severely
Post by: ShadowCrypto on May 16, 2020, 07:44:40 AM
Bitcoin remains in a bullish pattern moving into the typically low volume weekend as it continues to test the $10,000 level of resistance.
Title: Re: Bitcoin price dropped severely
Post by: Rashed0 on May 16, 2020, 12:16:30 PM
The price of Bitcoin is much better now, the current price of Bitcoin is over nine thousand dollars, but the price of Bitcoin for the Corona virus fell sharply last month, when the demand for Bitcoin and investors decreased, the price of Bitcoin fell.  , But bitcoin is a very good currency, its price will go up one day, bitcoin price will go up and down
Title: Re: Bitcoin price dropped severely
Post by: Paglamon on May 16, 2020, 12:23:42 PM
Bitcoin prices are unlikely to rise this year. Those who held on have suffered a lot. When it cost $12,000, now I am investing. I haven't found anything good so far. And I held some tokens, which I bought from the exchanger. Their prices have not increased yet. So all in all I am living a hard life.
Title: Re: Bitcoin price dropped severely
Post by: Cryptoz on May 16, 2020, 02:56:31 PM
Bitcoin prices are unlikely to rise this year. Those who held on have suffered a lot. When it cost $12,000, now I am investing.
The price has improved, did you rarely check coinmarketcap to monitor current prices? I assume there are many Bitcoin holders who already got big profits so far. The price trends of Bitcoin is much better this year than in 2019. Anyway, when you buy BTC at $12,000?
Title: Re: Bitcoin price dropped severely
Post by: Lanirex on May 16, 2020, 03:15:02 PM
for today the decline in Bitcoin is not too drastic, I see a decline of only about 0.4% and the price of Bitcoin now monitored on Coinmarketcap is $ 9,495.  Indeed, this price continues to fall from before Bitcoin Halving occurred, but I am still optimistic that prices will rise soon.
Title: Re: Bitcoin price dropped severely
Post by: gotbounty on May 16, 2020, 11:57:22 PM
for today the decline in Bitcoin is not too drastic, I see a decline of only about 0.4% and the price of Bitcoin now monitored on Coinmarketcap is $ 9,495.
I agree with you, today the price move was only around 0.4%, it is still below 1% and not give a significant influence on the market. I think the price of Bitcoin is quite stable and seems to stay at that rate in the next few days. But who knows something happens suddenly.
Title: Re: Bitcoin price dropped severely
Post by: Octoalts on May 18, 2020, 11:09:50 PM
The price of Bitcoin will continue to fall if investors and Bitcoin traders sell their assets, while demand for bitcoin is small.  And that's what happened at that time, many investors who sell coins that they hold for profit, because at that time it was a very fitting moment.
Title: Re: Bitcoin price dropped severely
Post by: Alter on May 18, 2020, 11:43:32 PM
There is no high drop anymore. I see the current price of Bitcoin seems quite stable. It seems you see the previous Bitcoin trends. You need to update your information regularly by visiting coinmarketcap at least once a week. It will help you to know the update change in crypto market.
Title: Re: Bitcoin price dropped severely
Post by: DAMKAR on May 21, 2020, 05:03:50 PM
Have you checked the current price of Bitcoin, guys?
Just checked it here: https://coinmarketcap.com/currencies/bitcoin/. It is so sad that the Bitcoin price has dropped very severely today. I don't believe this is happening after a great increase yesterday. Is this the end of Bitcoin bullish in Q2 of 2020?

Keep calm bro, Bitcoin will be rise again at the next several months. I see bitcoin at $ 9800 today. I predict bitcoin will touch at $10k at the end of this month. Because I see bitcoin have a good sign today, We will see the bull market soon.
Title: Re: Bitcoin price dropped severely
Post by: Nestle on May 21, 2020, 07:35:05 PM
Down does not mean that bitcoin will continue to decline. The possibility of price correction that occurred at that time and will again increase later. Just wait or you can try to buy when prices go down according to your analysis
Title: Re: Bitcoin price dropped severely
Post by: DogeTalk on May 21, 2020, 07:55:19 PM
Many say it as a price correction that occurs in bitcoin.  Halving just happened and the price will increase slowly. So just wait for the price of bitcoin to increase and recover again