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Topic: bitcoin going down every day (Read 222 times)

newbie
Activity: 126
Merit: 0
June 27, 2018, 07:57:30 AM
#22
why is Bitcoin moving down these days. Should we think its moving out of the market soon? pass out your veiws.
It's a bearish market and few buy orders that makes the prices moving down. I think this will not last longer as we can see again more green in the coming days. Don't push your panic bottom it's not the end.
legendary
Activity: 1442
Merit: 1016
June 27, 2018, 07:27:35 AM
#21
why is Bitcoin moving down these days. Should we think its moving out of the market soon? pass out your veiws.
in my view this is just a temporary situation since the price goes down to 5k value last few days.  'cause it already made a small pump back to the final bottom price which is 6k. So perhaps this fluctuation of price again is just a correction before it continue to surge , so be prepared and put more patience instead of worrying about this fluctuation. 

To be honest, you can not know if $6000 is the bottom, unless you own some awesome magic crystal ball.
I wouldn't be surprised if we see attempts to push the price down to 5k and below. Even if it should be just for a few hours.
I also could imagine to range in the 5k areal for a few months, as big guys and institutions would be dumb not to take advantage of this market right now and accumulate as much coins as possible. They all know that in less than 2 years the daily supply of new coins gets cut in half again. So now is the time the will buy and suppress the price as long as possible.
sr. member
Activity: 2016
Merit: 283
June 27, 2018, 07:21:58 AM
#20
why is Bitcoin moving down these days. Should we think its moving out of the market soon? pass out your veiws.
in my view this is just a temporary situation since the price goes down to 5k value last few days.  'cause it already made a small pump back to the final bottom price ( 6k ) which is more holders expecting a huge pump as well but unfortunately opposite happened,  but don't worry 'cause this fluctuation of price is just a correction again before it continue to surge , and for sure it will stay on this current value and will continue to climb on moth of july.
legendary
Activity: 3080
Merit: 1353
June 27, 2018, 06:36:06 AM
#19
why is Bitcoin moving down these days. Should we think its moving out of the market soon? pass out your veiws.

I think if you keep on questioning the price not going up the way you want, they its better if you get out of the market because common sense will tell you that no market can go on parabolic rise. Yes, we wanted to see bitcoin go on astonomical growth, but its not the way it is. Last year was a good year for all of us, however, we hit a rough road this year, regulations, FUD, crypto banning as some of the reason why bitcoin is going down. I guess you really have to understand how the market works before asking this kind of questions.
newbie
Activity: 29
Merit: 0
June 27, 2018, 06:24:25 AM
#18
Bitcoin goes up up and then comes down, it goes up and then comes down down down; that is what a decentralized market look like.
There are lot of big players, whales, fudders, hodlers, traders who affects Bitcoin one way or the other.
So expect more volatility in the market.
member
Activity: 127
Merit: 10
June 27, 2018, 01:03:51 AM
#17
we do not have to worry about lowering the bitcoin's value because it's like processing your bitcoin method high and lowering it as you can get the bitcoin price when you buy a lot of bitcoin and you can lower the bitcoin price if you sell it a lot.
hero member
Activity: 1834
Merit: 523
June 27, 2018, 12:47:27 AM
#16
If we notice the chart of the bitcoin when they started 2018 they continue to decrease the price from 20k dollars to the current price which is 6000 dollars plus . Not always the price of the down because Im sure the price of the bitcoin will increase again.
hero member
Activity: 1498
Merit: 507
Not your Keys, not your Bitcoin
June 26, 2018, 11:50:18 PM
#15
why is Bitcoin moving down these days. Should we think its moving out of the market soon? pass out your veiws.
It will never move out in Crypto platform because all the altcoins are depends on Bitcoin once it will out in this forum total Crypto platform is closed. So think positive it a sudden break down again this will going to peak. You should analyse the Bitcoin potential day by day some companies are adopting the Bitcoin.
newbie
Activity: 37
Merit: 0
June 26, 2018, 11:28:13 PM
#14
this is a challenge for bitcoin where so many factors influence because this is evidence that bitcoin is still weak and easy to fall.
sr. member
Activity: 1400
Merit: 347
June 26, 2018, 06:58:12 PM
#13
Its just going to the pre-fork price, so that we be convinced to buy bee-cash and then resume the fork drama. Without drama, bitcoin cant go up anymore.
legendary
Activity: 1652
Merit: 1483
June 26, 2018, 06:41:49 PM
#12
why is Bitcoin moving down these days. Should we think its moving out of the market soon? pass out your veiws.

it's called a market cycle. one of the best explanations for this phenomenon was made by richard wyckoff.

the figure entitled "wyckoff market cycle" gives the basic idea. applied to bitcoin: 2015-2016 was the accumulation phase. 2017 was the markup phase. 2018 is the markdown phase. no market goes up forever!
legendary
Activity: 3234
Merit: 1214
Vave.com - Crypto Casino
June 26, 2018, 05:36:26 PM
#11
The value of bitcoin goes down, same is the market capital. None can do anything, we can just be a part of it and travel. Only the whales has the ability to manipulate to some extent. Something good as a massive adoption is a must for this time period so to have a bigger growth similar to the one that took place last year.
legendary
Activity: 3178
Merit: 1140
#SWGT CERTIK Audited
June 26, 2018, 05:22:56 PM
#10
why is Bitcoin moving down these days. Should we think its moving out of the market soon? pass out your veiws.

Bad news, more people panic selling, less users buying, more players trading, pump and dump, keep buying and holding, we are the next wealthy gentlemen.
full member
Activity: 453
Merit: 100
June 26, 2018, 05:17:46 PM
#9
Sad to think that bitcoin was so far going down everyday but that is the reality so far nowadays and sad to think that people are also panicking and down by this downtrend and are continuously withdrawing their investment too which results to more price decrease.
newbie
Activity: 19
Merit: 0
June 26, 2018, 05:08:54 PM
#8
The market just naturally fluctuates, the crazy peak around December '17 was driven by a bit of a media frenzy and by a lot of people wanting "in" on what appeared to be an endless rise. BTC's current level has been fairly steady for a few months now (hey, it's still a crypto currency - if 10% volatility scares you, buy gold instead...) and I see no reason to pull out now.
hero member
Activity: 980
Merit: 507
June 26, 2018, 05:00:18 PM
#7
why is Bitcoin moving down these days. Should we think its moving out of the market soon? pass out your veiws.
It is not "moving" out of the market. Goodness, you noobs just come here saying crap and not even know what you're talking 'bout. The current scenario, I assume is because of the bithumb hack. That caused a stir in the market, and people obviously are looking at opportunities to crash the price so that you panic sellers sell and day-traders buy. That is the brief definition of Trading 101 here.
newbie
Activity: 98
Merit: 0
June 26, 2018, 04:55:55 PM
#6
This happened before so dont worry. The market will rise up again. The probable reason for going down might be that all exchanges are upgrading their system or big whales are manipulating it. Whatever the reason the market will rise again thats for sure.
legendary
Activity: 2478
Merit: 1360
Don't let others control your BTC -> self custody
June 26, 2018, 04:48:39 PM
#5
why is Bitcoin moving down these days. Should we think its moving out of the market soon? pass out your veiws.

You trolls should really get a life. Want me to prove you wrong? On June 25 it was going up all day. How about that?

You can think of anything but no one will give you a specific answer. I think that those people who know when there will be growth do not write on the forum .

There are no such people! They won't give you an answer because they don't know. Some try to predict the price by analysing charts, some read the news, some join pump groups, some invest and hope for the best.
member
Activity: 616
Merit: 10
June 26, 2018, 04:44:28 PM
#4
i think it will 10.000$ after somes months
You can think of anything but no one will give you a specific answer. I think that those people who know when there will be growth do not write on the forum .
member
Activity: 121
Merit: 13
June 26, 2018, 04:37:51 PM
#3
why is Bitcoin moving down these days. Should we think its moving out of the market soon? pass out your views.

Market manipulation is currently floating through the market and your question that you will most likely put to realization will result with the satisfaction for the big players which are targeting the ones that are insecure and that are lowering the Bitcoins price with their dumps. The whale cannot crash the market alone but with the fear that is caused by its dumping, the whale can do everything. The result is in the end reinvestment of the big player in the same Bitcoin with the lower price and the accumulation for the future dump of the same. Be smart and keep your portfolio intact!
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