Quote from: verguat33 on October 14, 2018, 07:39:22 AM

Quote from: upsidedown75 on October 09, 2018, 09:16:13 AM

Quote from: redsun114 on October 05, 2018, 06:03:45 AM

Quote from: yonjitsu on October 02, 2018, 12:30:24 PM

If bitcoin's market price keeps on falling each day, then there will be a massive fall down of alternate cryptos too. More and more hodlers may be weaken and finally give up and sell their bitcoin too. Unless a huge number of investors will start investing at a lower price then the fluctuation will continue.

The price is not falling actually but there is stability between 6k and 7k US dollar and this is fluctuating in between from a long time. we can go out of such situations only if we start learning to hold all our coins with patience and to stay in the market till the price starts to increase. Furthermore, the current price availability is more than anything if you have such an affordable market right now then what else you need.

The price cannot keep on falling forever because the market do not remains down forever. There can be recovery in the market as well. If the demand rises, the price will also rise and there is already a bit of rising trend in it. Now, price is 6540 US dollar which is still low and it is stable between 6k and 7k US dollar which enables you to get it on low price and no one knows nothing about future so you just make a position by investing here.

In my view the price will not go down more than $6000 because it is its natural price. if the investment cap increase the price will raise more but there are no more investors the price would still above than $6000, because it is with the passage of time. If the price rises to $30000 today, it will collapse to $6000 again in the coming days. We should know the time space.

If the price of bitcoin falls more than $6000 that will be the end, because the mining process will stop because they already told that now mining is not profitable due to low price in the market, and when there is no mining there would be no coins in the market and gradually bitcoin will disappear from the market. Holding a specific price for bitcoin is very important for its survival.