Opportunity they say comes but once, The current crisis rocking the bitcoin presents a rare opportunity for anyone that wants to be wealthy to rush now and invest....soonest the value of bitcoin would pick up.

If you can recall....no one ever thought the value could even rise to what we all enjoyed 6 months ago....it beat popular expert predictions.
In like manner, the value would yet rise maybe higher than what we had seen previously.

My sincere advise to all is simple

INVEST, INVEST AGAIN, INVEST NOW
IN BITCOIN

As 2018 gradually winds to a close, what would be your honest assertion about the outlook of bitcoin in 2019?
Would you toe the line of the believers of the coin (just like me) who have predicted and argued that the coin will do better from 2nd quarter and stabilize at 3rd quarter or would you rather believer the various negatives predicted about the coin?

Honestly, this is not the time to be in panic mode.

Its time to invest more in bitcoin....buy more now the price is down before it starts rising because it sure will rise from second quarter of 2019 and stabilize its growth trend towards third quarter.
I have always advised investors not to be left out of the gains this price fall portends.

I respect every member that has commented about this post....with all sincerity.
We should always remember that bitcoin like other currencies (say fiat) has its bad times too.
The difference between bitcoin and fiat currency is that unlike bitcoin when a country's fiat is down in value...the country could put up several deliberate economic policies to instigate a rise in value.

For bitcoin and other cryptos....we have to wait for demand forces, the big wig bitcoin traders (whose identity are unknown) among others to scale up the value of bitcoin through their activities.

The honest question is this, will bitcoin further fall?
I think non can give an accurate answer to this question, in the first place no one would have believed that the coin could fall to even $4000 from an all high of about $19,000. As such we can only hope for the best.

Would the price improve any soon?
I am a firm believer in the bitcoin.. as well as a good history student of the bitcoin. At the inception of bitcoin, No one can would have believed that the coin in just a matter of months the coin could be valued at over $5000. The coin beat several experts opinion and rose to the zenith before most of us took it seriously. I believe the coin would do it again.

You may be within the TRUTH  but still not expressing facts. The truth is that as much every digital currency is under serious threats...
You may need to realize that this equally affects the stock market and performance of major stocks. It does not imply that stock market is going to crash.

Bitcoin access to blockstream technology only implies that bitcoin and other cryptos are set to be industry leaders in a more sustainable manner.....whether with the internet or not.

Funny enough, the most LEARNED are not always the most informed: When we are talking of blockchain Technology, Crypto ATM and making fianancial transactions much simpler.... a PROF seems unaware of what is pilling  up?

I believe that bitcoin would still be very much around judging from the sampled opinions; bitcoin though has more risks is yet more profitable compared to investments made in stocks.

As at 16th December, 2017 a unit of bitcoin was worth an equivalent of $16,600.00 ( source Bloomberg 2018).

Some days later, Bitcoin’s price peaked to $19,511, before it began an epic slippery slope movement that would see the original crypto currency lose approximately 82 percent of it is value. As i write the value of bitcoin is averaging $4,000.

Various analysts have argued that the initial drastic rise in its price are due to several factors ranging from irrational optimism; aggregate market irrationality; cynical speculation, poorly informed investors among others.

In all honesty don't you think investing in stocks now makes better business sense than investing in bitcoin?

I hope with these glaring facts, they would stop hitting at bitcoin and other alternate coins. Thanks for this graphic update.

WOW......that means for sure that the bitcoin is sure to rise up faster than stocks among other new fiat securities

So not just the bitcoin/ cryptocurrency market is experiencing sharp decline in value?
As revealed by 'The Economists' in a 2018 publication https://www.economist.com/finance-and-economics/2018/11/24/a-retreat-in-share-prices-finally-reaches-tech-stocks.... they pointed out that even the tech stocks of six major companies known as FAANG (Facebook, Amazon, Apple,Netflix, Google) have experienced sharp declines in value of their respective stocks due to retreats in global economy positions.

So it is obvious that even big tech stocks are  not immune to the receding global economy's position.

Nonetheless, from every available predictions the global economy would pick up from second quarter of 2019, we should expect that bitcoin would pick up. I would advise everyone to take advantage of this period and make more investments in bitcoin now.

Your contribution indicates that yourself and most others are not well-informed about the cyptocurrency industry. The truth is that every currency even the strongest of the likes of (dollars, Pounds, etc) often go through slippery slope sometimes before bouncing back. My take is that the bitcoin has not even gone that low to justify the perceived panic.

I would advice anybody to invest in the coin NOW to take maximum benefits when the value increases which would start any moment soon.

Economists and financial experts have alluded to the fact that fiat currency have been encumbered  by several challenges.
Some of which include the costs of printing and allocation.....
the cost of moving it from place to place ( security)
the cost associated with storing (saving)
the cost associated with inherent loss of value due to inflationary pressures and so on.

If bitcoin holds the answer to some or all these issues, then the implication is that the prospects of the bitcoin is grater than any of us can imagine.

Yea, i agree with you brother especially on the issue of infrastructure deficits that characterize third world nations. This challenge has been hugely worsen by proliferating incidences of public sector led corruption and the likes.
Bitcoin and alternate coins still hold huge prospects especially in countries like India, Nigeria, South Africa, Ghana,  etc.

Yeah, good days are ahead just keep up hope. Bitcoin would bounce back even stronger.
But, we should be aware that that is how the world of business operates. It can't be in boom all the time, it could go down.........

Talking about the declining value of the bitcoin plus that of other cryptocurrencies- in recent times, various concerned bitcoin enthusiasts, scholars, traders etc have argued that the value of bitcoin is determined by several factors among which the forces of demand and supply seem to resonate actively.
The question therefore is, what can be done to deepen the bitcoin market in developing countries of Africa, Asia, Latin America and the likes?
The rationale is this, if the degree of acceptance (demand) for bitcoin in these frontiers increase its only sure that the value of bitcoin would increase as well.

Like every fiat currency today, bitcoin has assumed the position of a currency though typified as a crypto-currency. But in reality, it is obvious that the value of any country's currency depends to a large extent on her economic dynamics and activities (demand, supply, external reserve, level of production, etc.) . By that i mean, the strength of an economy determines the strength or purchasing power of her currency against those of others.

On this basis what can we allude to be the cause of the recent decline in value of bitcoin?

This is because, the United States, China, Europe etc experienced mild growth in the 2018 fiscal year as such one would have expected an improvement in the value of bitcoin just as the value of those other countries have either stabilized or improved.

This is an issue that i would not ask any body to take in a haste. Even though, i have great faith in bitcoin as well as other cryptocurrencies, i would suggest one gives bitcoin sometime lets see the dynamic volatility effect of bitcoin especially over say the next five years perhaps ten before one could proceed with such endeavour. Offcourse, anything that has to do with the security of once children and their future is not what we should do without some degree of certainty about the assets one is investing in.