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Topic: Bitcoin factors drop in 2019 and now. - page 3. (Read 515 times)

hero member
Activity: 2744
Merit: 588
February 24, 2019, 05:29:49 PM
#10
Nah, it's just the law of supply and demand.

There are no demand from the market and investors continue to sell-off their bitcoin causing a dramatic fall in the price. I guess that's pretty much sum's up what had happened for more than a year now. At least we're seeing some growth for the past week, a good indicator that demand is rising as the volume trading is almost $10 million already.

I think more of this way also. Law of supply and demand.
Maybe, there is a lil bit of market manipulation but it will not significantly affect the downfall of bitcoin.
Just a bit of downward trend but it will come back again.
Remember, giant companies are integrating blockchain within their system and more merchants are now accepting bitcoin and other currencies as payment method.
Users are continuously growing everyday. And more people are learning the benefits of crypto.
And with that, I firmly believe that we are heading in a positive direction.
member
Activity: 168
Merit: 15
Future of Security Tokens
February 24, 2019, 03:59:37 PM
#9
This are simply reasons why bitcoin fluctuates in value and not factors which are causing the drop in price.
The market reacts differently in different situations. There are many factors which causes price movements, but no one can determine the direction. Except of course demand.
member
Activity: 518
Merit: 33
February 24, 2019, 03:44:53 PM
#8
crypto market is just highly manipulated right now, at the other hand crypto markets will have way more demand during financial crysis and such.

If in the future we see a series of devaluation in known currencies usd, euro and others you can be sure that crypto skyrockets then.
I don't find it a manipulation, this seems to be a large volume fund transfer or withdrawal from the market circulation by a whale. This has lead to the gradual growth at the $4200 to fall low to $3800 in a very short time period.


You really think there is just one whale that that does huge transfers or withdarawals ?, There are many whales and groups doing these transfers and withdrawals here and there from every exchange wallet, or from their personal wallet to another wallet daily, there are times like they are trying to buy some cheaper btc so what they do is basically dump some huge amount of btc and push the price lower like 300-400 and when the price is going sideways say for a day or a week they slowly start accumulating more btc in that price range, that's why it is called manipulation.


crypto market is just highly manipulated right now, at the other hand crypto markets will have way more demand during financial crysis and such.

If in the future we see a series of devaluation in known currencies usd, euro and others you can be sure that crypto skyrockets then.
Manipulation are still on even if the market pumps again, it canno change easily. The drop before is very hard for everyone but now we have to move on since we are growing again. I think there will be no bottom this year since we already hit it and its time now to pump.

Where did I say manipulation is going to go away ?, What I'm saying is when market cap is plummeting at 130B it's way easier to manipulate the market in a way you want, You cant compare this market to the time where it was at 500B market cap, it was way harder back then to change or manipulate the price, because you needed 4x more btc that was around 20k at the time instead of 1/4 btc when btc is around 4k.


hero member
Activity: 1358
Merit: 509
February 24, 2019, 03:24:24 PM
#7
3. Managed by the Community, not by the Government.
Reason: Because it is beyond the responsibility of the government, crypto is managed by the community, meaning, in this case it is very vulnerable to weakening. Has a history, let's say Bitcoin was created in January 2009.

It was decentralized when it was 20k and will remain so. That is why it is profitable, if it was already managed by the government, we were playing with "pips". Using limits by governments to exchanges can help a little, but volatility will be reduced and I have no idea how pleased we will.
full member
Activity: 2086
Merit: 193
February 24, 2019, 03:06:19 PM
#6
crypto market is just highly manipulated right now, at the other hand crypto markets will have way more demand during financial crysis and such.

If in the future we see a series of devaluation in known currencies usd, euro and others you can be sure that crypto skyrockets then.
Manipulation are still on even if the market pumps again, it canno change easily. The drop before is very hard for everyone but now we have to move on since we are growing again. I think there will be no bottom this year since we already hit it and its time now to pump.
member
Activity: 218
Merit: 11
February 24, 2019, 03:00:58 PM
#5
crypto market is just highly manipulated right now, at the other hand crypto markets will have way more demand during financial crysis and such.

If in the future we see a series of devaluation in known currencies usd, euro and others you can be sure that crypto skyrockets then.
I don't find it a manipulation, this seems to be a large volume fund transfer or withdrawal from the market circulation by a whale. This has lead to the gradual growth at the $4200 to fall low to $3800 in a very short time period.
legendary
Activity: 2702
Merit: 4002
February 24, 2019, 01:43:00 PM
#4
Nah, it's just the law of supply and demand.
you have pointed out an important point, in addition to manipulating the price.
Manipulation The market is flooded with many shitAltcoins, plus creating more shitStablecoins.
The market is now bearish with speculative speculation on BTC/USDT" or any other 1$ cryptos" and a lot of price manipulation.
Let's be realistic $ 19 was not a real price and the market is now growing healthy despite the previous crash.
member
Activity: 518
Merit: 33
February 24, 2019, 09:26:50 AM
#3
crypto market is just highly manipulated right now, at the other hand crypto markets will have way more demand during financial crysis and such.

If in the future we see a series of devaluation in known currencies usd, euro and others you can be sure that crypto skyrockets then.
hero member
Activity: 2870
Merit: 594
February 24, 2019, 09:14:32 AM
#2
Nah, it's just the law of supply and demand.

There are no demand from the market and investors continue to sell-off their bitcoin causing a dramatic fall in the price. I guess that's pretty much sum's up what had happened for more than a year now. At least we're seeing some growth for the past week, a good indicator that demand is rising as the volume trading is almost $10 million already.
legendary
Activity: 2128
Merit: 1775
February 24, 2019, 09:08:57 AM
#1
You know for now, the price of Bitcoin is slowly falling.
Bitcoin prices have dropped nearly 25% this year. If analyzed since December 2018 the price of Bitcoin is very low, last year until now, the price of Bitcoin has dropped 75%.
Bitcoin prices for the past half of the month were around 3,428 US dollars, for now the current Bitcoin exchange rate is around 4,185 US dollars.
I think that for this there are several main reasons why Bitcon prices and other digital currencies continue to plummet.
Factor:
1. Infrastructure in Unregulated Coin / Bitcoin Exchange Rates.
reason: this factor is caused by cryptocurrency trading, when Bitcoin transactions or transactions are minimal from the supervision of the form of regulation, which is known to be very strict, for this kind of thing provides an opportunity for investors to store shares freely against Bitcoin.

2. Regulator Factors.
Reason: this one factor boosts the value of Bitcoin et al, in the form of Initial Coin activities, it can be said that the initial offer of coins, similar to (IPO), is often done by companies in seeking money / capital.
iCO is likely to (startup) raise funds, without being involved by regulators. rate the ICO will violate the rules that there are securities that apply aka scam.

3. Managed by the Community, not by the Government.
Reason: Because it is beyond the responsibility of the government, crypto is managed by the community, meaning, in this case it is very vulnerable to weakening. Has a history, let's say Bitcoin was created in January 2009.

4. Alternative factors that are not real.
Reason: Bitcoin creators have a purpose and vision that Bitcoin is easier in instant payment transactions in each country, but doesn't have to bother with the exchange rates of currencies that vary from country to country.

I think this is a factor that has a huge effect on Bitcoin for now.
There may be other things that in the opinion of friends about the drop in Bitcoin, can share opinions here.
The purpose for those who are trading, investing, investors remain positive towards Bitcoin at this time.
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