wiro212sableng Posted September 25, 2019 #1 Posted September 25, 2019 Hi stakers!!! Bitcoin price down to $ 83xx at the time i write this thread. Huge decreased amount in last month can we saw. I guess more holder to sell than a hold their invesment. Do you think bitcoin price will more down or will returned back soon? Regards
Xarv Posted September 27, 2019 #2 Posted September 27, 2019 8k at the time I'm writing this, and it was 7.9 earlier... I hope this is just a panic sell and whales playing around and that BTC's price will recover to a stable 10K+ before the end of the year
iamsheikhadil Posted September 28, 2019 #3 Posted September 28, 2019 On 9/26/2019 at 1:45 AM, wiro212sableng said: Hi stakers!!! Bitcoin price down to $ 83xx at the time i write this thread. Huge decreased amount in last month can we saw. I guess more holder to sell than a hold their invesment. Do you think bitcoin price will more down or will returned back soon? Regards It was a normal reaction. Bitcoin is being dumped very hard but you need to know that btc is here for the long term. So panic sellers might sell and that will reduce the price and will give you an opportunity to buy more at low price.
wiro212sableng Posted September 28, 2019 Author #4 Posted September 28, 2019 25 minutes ago, iamsheikhadil said: It was a normal reaction. Bitcoin is being dumped very hard but you need to know that btc is here for the long term. So panic sellers might sell and that will reduce the price and will give you an opportunity to buy more at low price. Yea... true mate, more cheap bitcoin make middle down investor might to buy bitcoin as an investment in long term. Reducing bitcoin price give significant impact to another coin. It make increasing cryptocurrency demand, for a short term as well. Bitcoin price will be back normal.
Thepug Posted September 28, 2019 #5 Posted September 28, 2019 As bitcoin is just an asset bubble, the price of the crypto reaches up to a point and the price of it drops by a significant percentage. This means that large declines in the currency may occur. However, due to the large demand of bitcoin, the price is likely to have a large percentage increase in the price level too. It just depends on what the market thinks that the price level will be at in the future and what people will be willing to pay for this price level.
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