Will Bitcoin keep crashing? Reasons for 2018 "CRASH"steemCreated with Sketch.

in bitcoin •  7 years ago 

Will Bitcoin keep crashing is a common question people ask nowadays. And for a good reason as we've fallen dramatically from 19k just a few months ago. The past 24h we've fallen to almost 9k. Today I want to discuss some of the reasons, they have to do with Mt Gox. We will also discuss Steven Segals ICO and the legal issues they are facing. And real estate blockchain news.

Good Morning Crypto! Get your breakfast ready!

https://cointelegraph.com/news/bitcoin-price-hit-2018-lows-because-of-400-mln-mtgox-sell-off-reports
https://www.reddit.com/r/mtgoxinsolvency/comments/82m0dl/mtgox_trustee_has_sold_some_btc_and_bch/dvbbiot/
http://gaelb.alwaysdata.net/MTgox_watch_CW/index.html
https://www.coindesk.com/new-jersey-slams-celebrity-endorsed-bitcoiin-ico-with-cease-and-desist/
https://www.coindesk.com/800-in-1-hour-bitcoin-price-drops-big-to-near-9k/
https://cointelegraph.com/news/vermonts-pilot-program-completes-first-us-all-blockchain-real-estate-transaction
https://coincheckup.com/analysis/github

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Ivan on Tech is all about cryptocurrencies and the technology behind Bitcoin, Ethereum, Litecoin, Ripple, IOTA. We also cover Bitcoin price, altcoin price, investing, analytics, different altcoins.

Ivan on Tech by Ivan Liljeqvist

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we are going down and then up it`s all sycles

yes we do.But there is always a sort of manipulation when there is such a downfall usually

Bitcoin behaves similarly to the .com bubbleNASDAQ_IXIC_-_dot-com_bubble.png

Where is the buying power? We need new money to go up.

So cool that you can map the transactions of the Mt Gox. trustee. Love the transparency of Bitcoin.

This Mt Gox news is the most bullish sign I've seen in a long time. $100k per BTC by the end of the year.

All your updates ae very helpful to the crypto community.. and congratulations, I can see your popularity is rising exponentially.

The correlation between MtGox trustee sales and BTC dips is very interesting. Unfortunately when when you have whales holding lots of BTC this kind of manipulation can easily happen.

Hi Ivan !

Thanks for the news Really interesting to hear some recommendations out there. Some even suggest to soft fork BTC to prevent further Mt. GOX dumping. 😅

I believe ethereum to initiate the new rally when it approaches the 590 dollar support, BTC might be lagging behind XRP and ETH on the way up shedding a significant portion of market share on the way.

Heart is skipping a beat somebody give Btc a life... Its nightmare, blood in market

this is a good and important tropic.its method really helped doing Bitcoin keep crashing matter? This guide will go through things to do before and during what people refer to as Bitcoin price 'crashes'...thank you for your good video and valuable post sharing.. ivanli

Another news regarding crypto, well thanks for the daily updates, Going into 2018 Bitcoin's price has dropped significantly, from around $19,900 on 17th December 2017 right down to $8,036 on 4th February 2018.

Preparing yourself ahead of time allows you to take advantage of the situation, and even during the drop being aware of certain things can be beneficial. This guide will go through things to do before and during what people refer to as Bitcoin price 'crashes'.
Keep sharing such posts, thankyou

We’ve seen bitcoin go up and we’ve seen bitcoin go down, we’ve seen it go down 50 percent at a time.it is in the cryptocurrency’s nature to be volatile.

this is really bad news but i believe it will touch the heights real soon... hope for the best... :) keep smiling and steeming

I actually see this as good news. It shows that the dip has been partly caused by some massive accounts affecting the market. Once they are done, we should see steady increase in price again. In the meantime, we get to buy some cheap Bitcoin :)

This is very scary. Even steem and SBD values are dropping..
But I believe in crypto. hodl
Thanks for sharing this

Every altcoin dips because they are basically pegged to Bitcoin. Once Bitcoin rises again, Steem will follow.

Bitcoin sure is going down. But it will get up in no time trust me.

Btc will crash until everyone stops selling it, just hodl and It will be worth 1 million in the next 5-10 years i bet you. Another great Video @ivanli keep making them I'll keep watching them.

  ·  7 years ago (edited)

Hey @Ivanontech
nice to see you on Steem, just found you today. I have been following you on Youtube for few months now: absolutely amazing videos. I was glad to hear that you started making shorter videos with daily updates, reviews of the crypto market, and some projects.

I respect you background as a programmer a lot. I think in the future kids at school will be told not only how to write / read / maths but programming too. So they can "read and write the computer language" too. I have been using PC for over 20 years, since I had my IBM 386 lol. But every day I feel more that there is a need to learn programming, one way or another. At least basic language.

Once again: glad to find you on Steem it!
Keep up the good work!

Do not drop further pls!!!

i also agree with you sir... i also think it will take much time to rise...

Man what a slaughter. Down 75% overall in my portfolio. A bit too much even for me. All the real world work wasted on virtual coins. Jesus Christ

I don’t know much much you actually purchased but I would set a stop loss and stick to it.

helloo @ivanli
actually i am very sad nowadays about the crash.. :(
Good mOrning and have a great day!

thats a awesome idea. thanks for sharing about bitcoin. this information to help to our new comer steemit friends. thanks buddy for this post.

Right bitcoin will keep crashing, thankyou for discuse the topic, and update 🙂

Yes bitcoin will keep crashing, interesting facts about market you had explained, thanks for sharing such a helpful information with us...

Not much activity on Litecoin's Github recently...food for thought

Kindly smash the like button hehehehehe