When do you think bitcoin will survive this hurdle?

[Nomad]

The experts are speculating that bitcoin may even further go down. Some predit that figure to $23K and some even say $10K. While this may not be true, price gain is not happening any time soon

 

[Chibson]

I know for sure that Bitcoin and other cryptocurrencies will recover from the big dip but I don't really know when that will happen.

 

[Shigobad2020]

It is not surprising that Traders are taking advantage of the high volatility of bitcoin and making their profits. I think that hodlers are those who are losing out.

Traders taking advantage ofnthe high volatility of bitcoin to make profit at the real investor and business man because thats what you do when you invest , you wait for your time to make profits.

 

[Blessingedidiong]

Trying to predict the gate of Bitcoin is very difficult right now but I believe it will bounce back. There is always a bad time in the market and this is a bad time for Bitcoin. We just need patience to see Bitcoin survive this hurdle.

 

[Niftyyem]

The experts are speculating that bitcoin may even further go down. Some predit that figure to $23K and some even say $10K. While this may not be true, price gain is not happening any time soon

It is crazy, to be honest. I came across a few analysts who are looking at $19k for bitcoin and I must say that bitcoin at such a low price would take a serious toll on the altcoins.

 

[Setho]

If I can remember very well in 2017 bitcoin made about 70% down movement in less than 2 months so I think this is part of the market and it is going to get back up soon.

 

[Ebro01]

Bitcoin will surely bounce back from the bearish because lots of big corporation are investigating in the cryptocurrency. There is no need for you to panic if it happens that you have invested in the Bitcoin.

 

[Bookwormlux]

Patience is greatly needed now that the market situation has shown that there seem to be no hope. But BTC rise would surprise so many investors.

 

[Justin]

I don't think btcoin will again go back to its previous high any time soon, at least not in this year. But I also believe that there will be slight improvement in the market.

 

[Bousine123]

Bitcoin is currently riding on some rocky terrain and it's finding it difficult to pull through.
Contributing largely to the dip is the aggressive stance against the bitcoin Miners miners in China. Elon Musk's tweets also caused tension in the cryptocurrency ecosystem triggering a sell-off.

Even one of the world’s most admired investors, Warren Buffet, has made it clear that he and his firm have no intention of going in that direction . He cited that it will likely come to a bad end if he invest in bitcoin.

Software giant , Microsoft have also ceased to accept Bitcoin as a payment tool because of its high fees and volatility .

When do you think bitcoin will survive this hurdle

https://cashessentials.org/germans-...-euro-and-object-to-cash-payment-limitations/

http://twitter.com/share?url=https://cashessentials.org/fall-of-cryptocurrencies-rise-of-e-fiat-currency/&text=Fall+of+cryptocurrencies,+rise+of+e-fiat+currency?

If you are seeing my reply now. Then you should know that Bitcoin is on its way back to from the dip. It's just a matter of weeks.

 

[tyrim88]

Bitcoin is currently riding on some rocky terrain and it's finding it difficult to pull through.
Contributing largely to the dip is the aggressive stance against the bitcoin Miners miners in China. Elon Musk's tweets also caused tension in the cryptocurrency ecosystem triggering a sell-off.

Even one of the world’s most admired investors, Warren Buffet, has made it clear that he and his firm have no intention of going in that direction . He cited that it will likely come to a bad end if he invest in bitcoin.

Software giant , Microsoft have also ceased to accept Bitcoin as a payment tool because of its high fees and volatility .

When do you think bitcoin will survive this hurdle

https://cashessentials.org/germans-...-euro-and-object-to-cash-payment-limitations/

http://twitter.com/share?url=https://cashessentials.org/fall-of-cryptocurrencies-rise-of-e-fiat-currency/&text=Fall+of+cryptocurrencies,+rise+of+e-fiat+currency?

Inspite of the issues surrounding bitcoin price,which is largely cause by most states policies concerning cryptocurencies,the underlying factor that makes bitcoin valuable is still increasing by the day,more e-commerce site are still accepting its payment.But this is actually a good time for the courageous to start buying and keep for future appriciation.

 

[Setfragil]

It is not only bitcoins that struggles with the hurdles, other cryptocurrencies also suffers the same fate because of the bearish run of the past months. Let's give it some time, it will surely jump pass the hurdles.

 

[Elfinito]

In the near future, everyone would come to accept crypto currency, Bitcoin may not certainly be the main transaction currency because of it's high price, but I think it would be used by government and big companies for transaction

 

[ahmedo24]

In the near future, everyone would come to accept crypto currency, Bitcoin may not certainly be the main transaction currency because of it's high price, but I think it would be used by government and big companies for transaction

You may be right it is possible that when the government of different countries adopt cryptocurrencies of which bitcoin will be the topmost coin and you have all the coins as their alternative for transaction.

 

[greenie]

Their is a problem and people are falling into the trap. Bitcoin does not have attribute to be used as a store of value. Hodlers will loose tremendously if they hold the coin for too long and the price crashed . The volatility of the coin makes it difficult to be used as store of value .

 

[tyrim88]

Bitcoin is currently riding on some rocky terrain and it's finding it difficult to pull through.
Contributing largely to the dip is the aggressive stance against the bitcoin Miners miners in China. Elon Musk's tweets also caused tension in the cryptocurrency ecosystem triggering a sell-off.

Even one of the world’s most admired investors, Warren Buffet, has made it clear that he and his firm have no intention of going in that direction . He cited that it will likely come to a bad end if he invest in bitcoin.

Software giant , Microsoft have also ceased to accept Bitcoin as a payment tool because of its high fees and volatility .

When do you think bitcoin will survive this hurdle

https://cashessentials.org/germans-...-euro-and-object-to-cash-payment-limitations/

http://twitter.com/share?url=https://cashessentials.org/fall-of-cryptocurrencies-rise-of-e-fiat-currency/&text=Fall+of+cryptocurrencies,+rise+of+e-fiat+currency?

These are some of the things that can make digital currency like cryptocurrency have real fluctuation, because when authorities like these begin to have some reservation,then you can expect to have some issues with Bitcoin value.

Bitcoin is currently riding on some rocky terrain and it's finding it difficult to pull through.
Contributing largely to the dip is the aggressive stance against the bitcoin Miners miners in China. Elon Musk's tweets also caused tension in the cryptocurrency ecosystem triggering a sell-off.

Even one of the world’s most admired investors, Warren Buffet, has made it clear that he and his firm have no intention of going in that direction . He cited that it will likely come to a bad end if he invest in bitcoin.

Software giant , Microsoft have also ceased to accept Bitcoin as a payment tool because of its high fees and volatility .

When do you think bitcoin will survive this hurdle

https://cashessentials.org/germans-...-euro-and-object-to-cash-payment-limitations/

http://twitter.com/share?url=https://cashessentials.org/fall-of-cryptocurrencies-rise-of-e-fiat-currency/&text=Fall+of+cryptocurrencies,+rise+of+e-fiat+currency?

These are some of the things that can make digital currency like cryptocurrency have real fluctuation, because when authorities like these begin to have some reservation,then you can expect to have some issues with Bitcoin value.