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Bitcoin Completely Crashing: Is The 2021 Gold Rush Market Over?

Ziki

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Let's discuss the bitcoin price crash whether or not we need to be concerned about it right now.
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Isn't it normal for price to peak and drop?
 
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GoldenLady

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Let's discuss the bitcoin price crash whether or not we need to be concerned about it right now.
[automerge]1611847508[/automerge]
Isn't it normal for price to peak and drop?
No seasoned investor should panic and new ones should not be concerned about such changes.

As far as it's not external factors, just normal market supply and demand and other things, it will surely come up again soon.
 

Ziki

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Why isn't Eth more independent with this much market cap? Plus all of its uses to support other projects. I just don't understand why it's so heavily tied to BTC.
 

ahmedo24

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Bitcoin has not really crashed in my opinion the price only drop which is as a result of more sales than buying pressure. No Investors has Invested heavily since the December last year so it is only the traders that are buying and selling at a trading level.
 

Ehizzy1

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I think its definitely going to increase and we shouldn't be too early to conclude , because there was a time it actually moved very slow during the period it was about $18k -$20k , so anytime from now there could be a rapid increase in the price of bitcoin , in which we should all invest ahead for i think
 

Akinwale701

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Let's discuss the bitcoin price crash whether or not we need to be concerned about it right now.
[automerge]1611847508[/automerge]
Isn't it normal for price to peak and drop?
Which bitcoin is crashing? This thread is very hilarious and whimsical. The fact that the price of bitcoin is coming down these days does not mean it's crashing. Before we know it, the price has picked up again and all you see is 50k
 

tuna89

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It bothers me a lot bro, i can see most of the major cryptos and upcoming ones loosing value,one of the reasons for this was the announcement made by the U.S. Treasury Secretary Janet Yellen, she warned about the illicit use of cryptocurrencies due to the fact that fraudulent transactions may not be traced, also i read that some corrections are currently being made as regards the crypto, hopefully it would spring back again.
 

Dowenship

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Hmm.... We all believe bitcoin will be in existence and possibly be future generation transaction, but anything can happen it can crash anytime and it can exist to another decade. Let's hope for the best.
 

kayode10

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Bitcoin will be the law of gravity which state that whatever goes up will surely come down. another one is not diminishing return which states that when something is maximum potential it will diminish in value. This is what happened to the bitcoins. go to be very honest most people be panicking and they will be sending their bitcoins but this is the best time to buy it and invest for the future.
 

Noor khan

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No seasoned investor should panic and new ones should not be concerned about such changes.

As far as it's not external factors, just normal market supply and demand and other things, it will surely come up again soon.
It bothers me a lot bro, i can see most of the major cryptos and upcoming ones loosing value,one of the reasons for this was the announcement made by the U.S. Treasury Secretary Janet Yellen, she warned about the illicit use of cryptocurrencies due to the fact that fraudulent transactions may not be traced, also i read that some corrections are currently being made as regards the crypto, hopefully it would spring back again.
 

Heatman

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Let's discuss the bitcoin price crash whether or not we need to be concerned about it right now.
[automerge]1611847508[/automerge]
Isn't it normal for price to peak and drop?
If you have been an investor in any cryptocurrency including in bitcoin for up to 5 years now, then you will understand that it's a trend with the market of cryptocurrencies. It's not a new thing and as it stands, it will still fall more but definitely going to appreciate in few months time.
 

Ltherman

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There is nothing to worry about when it comes to the pricing of bitcoin in the market. Its purely market correction happening right now it may have lost about $10k in the last couple of weeks yet still its the best digital asset class out there now.
 

Heatman

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There is nothing to worry about when it comes to the pricing of bitcoin in the market. Its purely market correction happening right now it may have lost about $10k in the last couple of weeks yet still its the best digital asset class out there now.
Exactly, there is nothing to worry about as far as I am concerned with the current price of bitcoin. Bitcoin Treasury Bills is still witnessing so many companies bidding going on as we speak now. This shows you that there is absolutely no need to worry about the price of the coin.
 

Patrik

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i don't think it's going to crash by any standard, it's currently on its 33.000$ value which is pretty reasonable, it's so unstable but that has nothing to do with the coin facing a crash in the near future
 

Zevin

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The price of crypto currencies including bitcoin depends on demand and supply, the price fluctuation is very common. I believe the price can go pretty low. For example, after reaching $41K about a month ago, bitcoin is now trading at $31K. However, I don't think bitcoin will completely crash with zero value.
 

Donkiz

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Cryptocurrencies are very volatile commodities and therefore it's normal for their prices to fluctuate. The up and down movement of the price of bitcoin is normal and one of the things that makes cryptocurrency unique. By this time last year the price of bitcoin was fluctuating around $10k, but now it's doing same thing around $30k which is a massive price leap and an indication that it's moving in the right direction.
 

Heatman

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i don't think it's going to crash by any standard, it's currently on its 33.000$ value which is pretty reasonable, it's so unstable but that has nothing to do with the coin facing a crash in the near future
Seriously, gone are the days when cryptocurrency investors used to be worried about bitcoin especially crashing. They are quite convinced that that there is nothing that can end the existence of bitcoin now and even some other cryptocurrencies. It may fall in price and will still appreciate.
 

Niftyyem

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The price of bitcoin going down just tells me I have to hodl for a while longer because if there is any certainty in cryptocurrencies, it is the fact that bitcoin will still increase in price. This is definitely not the time for panic selling.
 

Heatman

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The price of bitcoin going down just tells me I have to hodl for a while longer because if there is any certainty in cryptocurrencies, it is the fact that bitcoin will still increase in price. This is definitely not the time for panic selling.
The Golden rule in cryptocurrency is to never sell because the price of the cryptocurrency is dropping because if you do, you are the only loser in the transaction. The person buying from you, why is buying? You selling is the real mistake.
 

Taimoor Jutt

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This is normal to drop and rise of price of crypto currency world. Look at my luck, i withdraw last week because price was good but as i took my money in wallet LTC started decreasing in value. And remain decreasing, yesterday i request for withdraw because price was low but from then LTC is increasing.
Don't be panic in CCW and about BTC
 
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