[ASK] The price of bitcoin to always decrease?

Slow death

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Quote from: miftahuda27 on August 24, 2018, 03:57:43 AM

What causes the price of bitcoin to always decrease?

supply and demand, you can see this

Quote from: miftahuda27 on August 24, 2018, 03:57:43 AM

If the price goes up just a little later falls again, and will bitcoin when december go up or even fall deeper?

why the hell are most people putting on their heads that December prices go up? dude, let's not rely on past experience to say that the future will be the same, the price may not go up when December arrives

BitHodler

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Quote from: Reid on August 24, 2018, 04:13:18 PM

It is not really about going up or down. It is the technology it will provide after some time.
Who would want to miss that?

Most people here have been disregarding the technology aspect of Bitcoin for ages, so that's nothing new here. They can't miss out on something they don't care about. It's maybe not what you like to read, but it's true.

The only thing people nowadays care about are stupid ETFs and bull runs. The SEC became the most important entity in the last few months which is ridiculous. We never needed them to increase and still don't do so right now.

The sooner people acknowledge that bear markets are normal, the sooner we can start focusing on that what really matters, which is utility. If we don't use Bitcoin, what utility is there left other than storing value? Think about that.

bitgoldpanther1978

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No, it's not! The price of bitcoin goes up and then down which is natural with its nature of being volatile. Approaching the fourth quarter, investors will be bullish again thinking very positive about the market. Actually, the price of bitcoin now is stable.

Diced90

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Of course the price of Bitcoin won't always decrease. What we're seeing now is a normal transition of the bear market but this won't last for much longer especially, with the winter months ahead of us.

Reid

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My own prediction? Yes it will be a bull market before the end of the year.
I believe in the Ber months. They make changes into people minds. The fact that they also have a lot of money at those times should be considered.

It is not really about going up or down. It is the technology it will provide after some time.
Who would want to miss that?

spartanrules

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Quote from: miftahuda27 on August 24, 2018, 03:57:43 AM

What causes the price of bitcoin to always decrease? If the price goes up just a little later falls again, and will bitcoin when december go up or even fall deeper?

This is natural situation for any asset, when after uptrend coming downtrend and price falling. Of course Bitcoin will not always fall. I think that falling will end in the end of spring in 2019, when the price will fall under 2000$.

omonuyak

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The price of bitcoin decreased because of the demand and supply of bitcoin and there are factors contributing to the directions the market takes. Bitcoin increase in price when the demand for it is very high and fall when the demand is very low. Bitcoin is falling now and rise a little along the lines because the demand is low are many investors are selling their holding.

dothebeats

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I don't actually see that as an issue though it just means that there isn't enough incentive for traders to push the price up. Also, no clear reason why bitcoin's price will shoot up. It remains as it is though despite the fact that ETFs have been deliberately rejected by the SEC. Right now, the price seems to be moving up, sitting @ $6600 which is a pretty good change throughout the day. As of late, there seems to be no real reason for the price to increase and it's normal seeing that no important events are queued up for bitcoin.

Claudyah

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Quote from: miftahuda27 on August 24, 2018, 03:57:43 AM

What causes the price of bitcoin to always decrease? If the price goes up just a little later falls again, and will bitcoin when december go up or even fall deeper?

The price issue for now is that there is still no clear increase and decrease is still common, and I think there are still many popes who manipulate prices, maybe this decline will last a long time so in December it is still not sure of the price increase

harizen

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Quote from: miftahuda27 on August 24, 2018, 03:57:43 AM

What causes the price of bitcoin to always decrease? If the price goes up just a little later falls again, and will bitcoin when december go up or even fall deeper?

Always decrease? No it's not. Maybe you started your journey in crypto world in a bearish trend that's why your mindset is that. There are lots of factors why the price decrease and rather than to give you a detailed information about that here which will take a long writing, that's your assignment now and find it on research.

And what's special about December? Even the price is always showing a good performance on that month in the past, it doesn't mean we have to considered it as a basis that another price increase will happened that month. No one knows what will happened in the future therefore price movement on December is unknown.

Kemarit

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Quote from: miftahuda27 on August 24, 2018, 03:57:43 AM

What causes the price of bitcoin to always decrease? If the price goes up just a little later falls again, and will bitcoin when december go up or even fall deeper?

I'm sorry to tell you that no one can give you the exact reason for the fall. Remember that bitcoin is a speculative asset, and as such everyone around the market can sell/buy or trade causing the price to goes down/up. Also its volatile, so it fluctuates based on supply and demand. Again, we don't know what will happen in the future, so its 50/50. But as of the moment, we can all speculate that we might not get that all-time-high this December. We have been struggling for the past 8 months and I believed it will continue up to the end of the year. So don't expect any highs, and be prepared for the worst.

millensharon8

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Dude! It was around $1000 at the beginning of last year and presently trading above $6k support. I really do not understand how you were able to deduce that the price keeps decreasing. If you are not a trader, then you should not be placing too much attention on short term movement, thinking bitcoin keeps decreasing. Of course we are in a downtrend and the bears are in control, so you should not be expecting too much in the short term.

mostkey

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This is a very general question and basically the market will affect demand and supply, when most people sell at the same time it at least reduces demand so it usually continues with price reductions, there are several factors that the community sells, first of all need money, second is frantically with the presence of the FUD news, it is a challenge for all of us to strengthen confidence, I hope you don't do something like that.

For predictions at the end of the year I don't know what we will face next, what is clear is that the crypto market will be very difficult to predict without a deeper understanding above the average of most people, so you just have to wait and invest smartly.

wuvdoll

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Quote from: miftahuda27 on August 24, 2018, 03:57:43 AM

What causes the price of bitcoin to always decrease? If the price goes up just a little later falls again, and will bitcoin when december go up or even fall deeper?

It is not always going down. Sometimes it goes up, like a month ago or so bitcoin prices went above $8,000 and it was party time for everyone here and everyone started to start topics about how "bitcoin is going to $50,000 at the end of the year", lately it has gone down again to $6,000 levels and now people are afraid that it will go down to $4,000 or so and now we are seeing how people think "bitcoin always decreases", it is not.

You need to see how bitcoin moves, it does not move sideaways it moves up and down, sometimes it goes down you are right however sometimes it goes up as well, it doesn't stay at the same number for a long time, specially comparing to other investment methods it has a lot more upside than downside.

mk4

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Bitcoin is still in a bear market simply because more bitcoin are being sold than being bought. That's pretty much it. We don't have much demand right now compared to what we had at late December of 2017. That's pretty much it. It's impossible to know the main reason/culprit on why the prices are still down. What we know for sure is that it's always simply supply and demand.

1Referee

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Quote from: aervin11 on August 24, 2018, 07:29:52 AM

Hopes are high with bitcoin but as the time goes by it always decreases without any reasons, maybe manipulation?

Hopes.... That's the real problem of people here. Instead of hoping for the price to go up while we're clearly not ready for an increase, people need to actually use Bitcoin. If you're here solely for speculation purposes, you'll get bored during a longer term downtrend and you'll lose confidence, which is your fault entirely. I'm neutral all the time when it comes to the market sentiment, because I'm actually using Bitcoin as money. Bull or bear markets don't change anything in that regard.

Quote from: aervin11 on August 24, 2018, 07:29:52 AM

Who knows, but as we can see and if this could happen continuously even after the ETF decision, maybe we could see 10$ btc on 2020.

$10 BTC? Are you nuts? You won't ever see that price again unless crypto in its entirety has become completely obsolete.

cleygaux

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I suspect one of the very reason of btc fluctuation is the FUD especially from media because they are the biggest negative influencer among crypto holders another thing is the market manipulation I observed this is very common practice pumping btc price is a clear manipulation of market.

St4yInTh3D4rk

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Quote from: miftahuda27 on August 24, 2018, 03:57:43 AM

What causes the price of bitcoin to always decrease? If the price goes up just a little later falls again, and will bitcoin when december go up or even fall deeper?

Answer unknown for everyone,so please don't ask silly questions again.The price of bitcoin is swinging between the range of $6000 - $6500 for last few weeks so don't consider it as a fall if still it is swinging in the range.

crairezx20

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It's normal that we can see the price drop constantly but bitcoin is year by year is increase a lot except last year.
There is no accurate prediction on bitcoin if what will happen this coming December but I believe that if what happened on the past years ago can also happen this coming November and December.

Look at the price last 2015 where the price is around $200 then suddenly rise in November and December Same happened in last 2013 where the price increase from November to December.

Pursuer

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it is impossible to answer something that is not happening. it is like trying to answer what makes the sun come out of the west! Cheesy

in the long run bitcoin always rises. it has a couple of reasons but the most important ones are the fact that bitcoin has a limited supply and because it is useful. the utilities that bitcoin offers makes the demand for it rise up. and a simple rising demand and limited supply rule tells you that the price should rise in the long run hence "price always increases".

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