Quote from: Domicbora on September 27, 2018, 10:45:14 AM

Quote from: arpon11 on September 25, 2018, 07:31:16 AM

Quote from: decentralvirtue on September 18, 2018, 09:36:44 AM

Although bitcoins is highly volatile we can see that over the last 6 months the trend of bitcoins price is not what investors would like. It seems that bitcoin may in the future become a legitimate currency but with the trend of the price of BTC so far it is more likely to stay that way or dip further yet bitcoin has paved the way for other cryptocurrencies and this could be a major turn point for other applications that cryptocurrencies can offer.

Are you optimistic about the price of bitcoin ?

Do refer the links below

Source: https://cointelegraph.com/news/crypto-markets-drop-sharply-ethereum-loses-weeks-earlier-gains
https://charts.bitcoin.com/bch/chart/price

We should understand that this market move in cycle and you have to understand this in other not to take wrong decision during investing. Now is the time to buy and those that have buying mindset will make money in years to come. Bitcoin may likely still going down but you should see it as the time to buy.

Those who are smart enough will always know when to be getting in and what they should not even bother themselves so much looking forward to as such price at $200 is something that is not something I believe anyone should be looking forward to at this point in time.

Firstly, the $6k region has been holding pretty much probably based on several speculations about the mining costs, and also even if we get to see a huge price downward, I see no way we would go that low when there is a lot of support below us and there is always one thing they call a balance in the long run.

This fluctuation is helpful for traders especially for new traders because they can start their trading career in these conditions. If the price downs they will lose small money but they may earn more than their deficits at the same day. Therefore I think that volatility to this limit is normal and will not cause panic for investors. They should bear this situation easily.