Altcoins Talks - Cryptocurrency Forum

Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: Shahinaz on November 15, 2018, 07:52:50 AM

Title: Price of Bitcoin Sinks to Low
Post by: Shahinaz on November 15, 2018, 07:52:50 AM
The crypto market’s extended stable action took its last breath on Wednesday as the bitcoin price dipped to a new yearly low at 5280-fiat.

The BTC/USD index fell more than 12 percent ahead of the US trading session, now trading at 5439-fiat on Coinbase. The pair was trading comfortably inside a narrow trading range since September, leading many to believe that it had established a bottom around 6000-fiat. The latest selling action brought BTC/USD to its weakest mark since October 2017.
quote: https://www.ccn.com/bitcoin-price-sinks-to-new-yearly-low-as-sell-off-batters-crypto-markets/

is this the lowest value for bitcoin this year or will it go down even further?
Title: Re: Price of Bitcoin Sinks to Low
Post by: Andruha1993 on November 15, 2018, 08:08:31 AM
Yes, this is sad news. But I think the price of Bitcoin should not fall below $ 5k. In my opinion, by the end of this year she will grow. So no need to panic guys.
Title: Re: Price of Bitcoin Sinks to Low
Post by: ZionRTZ on November 15, 2018, 08:09:12 AM
It's better to talk about this on a proper board. Why not post this on Bitcoin Discussion rather than on Altcoin Discussion?
Title: Re: Price of Bitcoin Sinks to Low
Post by: gurunanakji777 on November 15, 2018, 08:12:25 AM
Whole market tumbled down yesterday even everyone was expecting a bullish wave but market runs bearish again. Its a big blow for the holders in hope of recovering. I am also little worried even I didn't heard any negative news. I don't know why market react like this. Lets hope bitcoin will not drop from here as it already made its new yearly low.
Title: Re: Price of Bitcoin Sinks to Low
Post by: r.bhalla07 on November 15, 2018, 08:30:13 AM
Yes the price of the bitcoin is sinks to low but if we wait for the right time we can sure this coin gives more profit from this time.
Title: Re: Price of Bitcoin Sinks to Low
Post by: Rituvohra01 on November 15, 2018, 10:49:35 AM
We all know that the price of Bitcoin sinks to low but we wait for the right time to get good profit. So don't be panic.
Title: Re: Price of Bitcoin Sinks to Low
Post by: laughingburger on November 15, 2018, 11:26:33 AM
The crypto market’s extended stable action took its last breath on Wednesday as the bitcoin price dipped to a new yearly low at 5280-fiat.

The BTC/USD index fell more than 12 percent ahead of the US trading session, now trading at 5439-fiat on Coinbase. The pair was trading comfortably inside a narrow trading range since September, leading many to believe that it had established a bottom around 6000-fiat. The latest selling action brought BTC/USD to its weakest mark since October 2017.
quote: https://www.ccn.com/bitcoin-price-sinks-to-new-yearly-low-as-sell-off-batters-crypto-markets/

is this the lowest value for bitcoin this year or will it go down even further?

My view is that most probably bitcoin will sink further, i got this thinking is due to the market conditions as of now. Whenever the market make a small recovery or getting stable a further dip tend to happen this move will make crypto users loss interest in crypto and when they see some gains most probably they will just make a sell off from there.
Title: Re: Price of Bitcoin Sinks to Low
Post by: Zurcemozz on November 15, 2018, 11:35:40 AM
Yeah.  Its a bad news because many coins are conneted to bitcoin also, bitcoin is the most overrated coin in crypto, so if the early investor or the new one enter the market they will think twice of this year is the best one.
Title: Re: Price of Bitcoin Sinks to Low
Post by: Cutter Cute on November 15, 2018, 11:53:30 AM
Nobody knows, even after the end of this month whether prices will continue to fall, I think the price of Bitcoin will be above $ 6000, but this is crypto we can see Bitcoin at $ 5,506.70 (-12.65%) https://coinmarketcap.com/currencies/bitcoin/
Title: Re: Price of Bitcoin Sinks to Low
Post by: r.bhalla07 on November 15, 2018, 12:09:23 PM
The market in this time is very critical position and the rates of all coins are very low and this is not a profit for sale the coins  in this time.
Title: Re: Price of Bitcoin Sinks to Low
Post by: Bobcrypto on November 15, 2018, 12:18:06 PM
Honestly, i personally felt the slump in all prices of crypto. This is a very sad news, i think 2019 may bring the bull run. Infact, 2018 has been very a disappointing year in the history of crypto market, and i hope it recover soon so that we can regain this heavy losses.
Title: Re: Price of Bitcoin Sinks to Low
Post by: waitingforday on November 15, 2018, 12:22:07 PM
Maybe it sinks, but not to the dip. This like a impulses and bitcoin stuck in the triangle with long flat. I think till ETF.
Title: Re: Price of Bitcoin Sinks to Low
Post by: trauchot on November 15, 2018, 12:28:38 PM
Most likely bitcoin will fall more same as the entire cryptocurrency, a huge panic has now begun for investors, and also bitcoin cash fork, problems with some exchanges and other various causes that could affect it.
Title: Re: Price of Bitcoin Sinks to Low
Post by: Asebaby on November 15, 2018, 01:13:05 PM
Predictions are saying the price will fall more than what it is today but those this mean that the price will not come up againg i think no is the answer it will come up again ,we just need to be patient.
Title: Re: Price of Bitcoin Sinks to Low
Post by: Kyoshiro on November 15, 2018, 02:01:55 PM
It's better to talk about this on a proper board. Why not post this on Bitcoin Discussion rather than on Altcoin Discussion?

Maybe he/she had just done it wrongly, but anyway, a lot of users are expecting for the Bitcoin to retain its last peak price or if unnecessary just to have stable price which is way equal to $15,000 or even less. We are really having a hard time deciding whether we are holding the tokens we have or sell it already rather than to lose it's price. Waiting would be a real big deal, but even if its not that worth while, we should be wise.
Title: Re: Price of Bitcoin Sinks to Low
Post by: PreshB on November 15, 2018, 02:18:50 PM
 Yes  the  price  of  bitcoin  is  low  now,   that  does  not  mean  it  will  remain  like   that . let  be  patients  a  little  it  will  definitly  come  up again,  even  if  it  sink  it will  rise  up  soonest.
Title: Re: Price of Bitcoin Sinks to Low
Post by: jyotianand01 on November 15, 2018, 02:47:58 PM
It can reach 5000$ mark or even less in this drop as bears have full control and it is creating a new low every hour because not getting buy support at any level. No one knows the main reason for this sudden drop but it is a sharp downfall.
Title: Re: Price of Bitcoin Sinks to Low
Post by: Jereh on November 15, 2018, 02:59:10 PM
I believe that no matter how low the price goes , it would still come up.
That's how the cryptocurrency market functions.
Title: Re: Price of Bitcoin Sinks to Low
Post by: DeKingCrypto on November 15, 2018, 05:07:49 PM
The price has made me feel so weak these few hours, I wonder what exactly could have BTC to go that low when we all are expecting bull run.
Title: Re: Price of Bitcoin Sinks to Low
Post by: Lego on November 15, 2018, 05:11:59 PM
The price has made me feel so weak these few hours, I wonder what exactly could have BTC to go that low when we all are expecting bull run.
I agree with you, bro. It is a very difficult time for us, but I believe in the bright future of cryptocurrency and I do not think that the market will fall even lower.
Title: Re: Price of Bitcoin Sinks to Low
Post by: WWoF on November 15, 2018, 05:16:35 PM
That is very painful. Bitcoin lost too much value in only 2 3 hours. That is sad because in decentralised market like crypto still people can manipulate or play the prices easily. They are controlling the market. That is sad for me. ı am not sure how it will be happen but market have to be more decentralised in the future. I hope in the future whales power will decrease more but we always need to believe future of crypto. Keep holding.
Title: Re: Price of Bitcoin Sinks to Low
Post by: Shahinaz on November 17, 2018, 03:25:49 AM
It's better to talk about this on a proper board. Why not post this on Bitcoin Discussion rather than on Altcoin Discussion?

sorry if I put this post incorrectly on the altcoin not in bitcoin

can you help me to move this topic if indeed this is bothering you and others because I don't know how to move it :)