Bitcoin price is going down. - page 4.

rizkyhiw

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Quote from: Member helper on December 20, 2017, 11:22:36 AM

Hi guys I am a newbie and tell me please that why the price of bitcoin goes to decrease? please tell me the main reason because I like this coin and when it's price goes to decrease I am very worried.

Too many factors that cause all this to happen.
Starting with many people selling btc owned,
until an issue that makes it restless so that it gives bad impact to bitcoin. Dude
but it will not last long, it will come back again as it was.

Willeampere

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★Bitvest.io★ Play Plinko or Invest!

Quote from: Member helper on December 20, 2017, 11:22:36 AM

Hi guys I am a newbie and tell me please that why the price of bitcoin goes to decrease? please tell me the main reason because I like this coin and when it's price goes to decrease I am very worried.

Demand and supply explains everything, and I can say that Bitcoin is asking for it. Btc.com's owner Bitcoin announced that it supports cash. For this reason Bitcoin cash has gained a lot of value. Btc.com's owner says Bitcoin cash is safer.

Lieldoryn

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Now we see the same situation that was. In the early going on the attack on bitcoin. Creates a queue of uncommitted transactions (more than 200,000). Then the price of bitcoin is rolled back and starts to rise in price bch. After a few days the price bch will fall and we will see a rapid jump upward bitcoin. You have to be patient and wait.

talkbitcoin

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All I know is that I know nothing.

Quote from: annam2017 on December 21, 2017, 02:33:30 AM

Bitcoin will adjust downwards and then further increase to 20,000-25,000 USD. But many people will favor switching to the top 20 coin

nobody who really understands cryptocurrency ever favors moving away from bitcoin to any of the altcoins specially the top 20 coins be cause they are the most broken of all.

what they do is that they go there to participate in their pumps in order to increase their stake in bitcoin and they will dump each and every one of them to get out.
of course there are other newbies who fall for the fake advertisement and invest in them and become bag holders who lose money.

annam2017

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Bitcoin will adjust downwards and then further increase to 20,000-25,000 USD. But many people will favor switching to the top 20 coin

jackhdt

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Quote from: ihsanskanzaone on December 20, 2017, 06:00:31 PM

Quote from: Slow death on December 20, 2017, 04:44:48 PM

Quote from: Member helper on December 20, 2017, 11:22:36 AM

Hi guys I am a newbie and tell me please that why the price of bitcoin goes to decrease? please tell me the main reason because I like this coin and when it's price goes to decrease I am very worried.

Many people bought bitcoin when the price was $12000 or much less than $12000, these people bought bitcoin because they knew about the hard and future forks and now that there is no big news these people are selling their bitcoin to make profits, it happens all the time. if you observe for some time, you will get used to this UP and Down of the price. bitcoin is a good long-term investment, even if the price drops a lot you should not be worried because it will rise

Usually bitcoin prices go up then other coins like bitcoincash and bitcoingold will go up and otherwise bitcoin price down then bitcoincash and bitcoingold prices go down but we can see bitcoin prices go down but other bitcoin even increases rapidly in price, this indicates that bitcoin price has started to reach its limit or people start choosing bitcoincash and bitcoingold as a good investment coin.

I'm not sure that you are right but I think like you. currently the number of delayed bitcoin transactions are very large. This required transaction costs are increased and today are very high. a lot of people complained about the transaction fees are too high and unconfirm. so surely more people will switch to other currencies because of the investment it's better bitcoin. to reduce transaction fees to some people have moved through the bitcoin cash

Rajamuda

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I think this has a something related with the coming of Christmas and New Year's day, most people would be more busy themselves for that, and not too busy with bitcoin/other cryptocurrency. But I'm still very sure.. it would bel moving towards higher again, let's see by over time.. if necessary doing a re-buy, it could be add to the chances of earning a more high profits.

Duzter

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Quote from: maxj57634 on December 20, 2017, 10:14:37 PM

Maybe its because of the dump in the trading market trader are dumping their bitcoin because they are having a high fee when doing a transaction, high for in the network transaction might be one of the reason for bitcoin price to go down.

Yes, dump in the trading market as well the price correction might be the cause for the fall in value. This might soon tend to grow further reaching a bigger value crossing $20000 before the christmas days. At present the growth happening with bitcoin cash might gave created panic among the user community.

Davinus

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Quote from: Member helper on December 20, 2017, 11:22:36 AM

Hi guys I am a newbie and tell me please that why the price of bitcoin goes to decrease? please tell me the main reason because I like this coin and when it's price goes to decrease I am very worried.

Why? Are you afraid of losing a few bucks? How much have you invested? $50? Came on.. You a newbie in here, you probably have just joined the party a few days ago (maybe weeks) and you are saying that bitcoin is going to die?

Came on x2, it was less than $8200 1 MONTH AGO.

YuginKadoya

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Quote from: kueyen on December 20, 2017, 03:14:41 PM

No need to worry, price decreases like this every now and then are expected by now. Since the resistance at $20K was too strong, the price the price couldn't go up through the threshold and had to correct itself. I'm sure it will pick back up in a few days.

Yup! Corrections always occur when the certain ceiling had reach and I think that the $18,000 was it that is why it is already crumbling down, But we can see that there is a resistance going on right now but it will sure make a bullish trend when the correction had finish, that is why it is good to take this opportunity and buy for bitcoin when it is still cheap.

timerland

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Quote from: Member helper on December 20, 2017, 11:22:36 AM

Hi guys I am a newbie and tell me please that why the price of bitcoin goes to decrease? please tell me the main reason because I like this coin and when it's price goes to decrease I am very worried.

We are in a classic correction phase right now, it comes after the price has risen a lot over a very short amount of time and people tend to gravitate towards overbuying. This correction will stabilize bitcoin price at a lower level, and when it does stabilize for a period of time then another pump/dump will come.

Rigth now i think since we're still in 2017 and the whole year has been filled with absolute bullishness, we're going to see a pump after this correction rather than a dump. Don't get too worried about it since it probably is only going to be just a short term thing.

Wouldn't be that big of a risk to buy some right now to take advantage of the rebound, actually.

$16500 compared to the ATH near $20000 seems like a reasonable buying point to me for sure, with all the big names flowing into btc.

maxj57634

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Maybe its because of the dump in the trading market trader are dumping their bitcoin because they are having a high fee when doing a transaction, high for in the network transaction might be one of the reason for bitcoin price to go down.

Tankdestroyer

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Quote from: Member helper on December 20, 2017, 11:22:36 AM

Hi guys I am a newbie and tell me please that why the price of bitcoin goes to decrease? please tell me the main reason because I like this coin and when it's price goes to decrease I am very worried.

It is normal for bitcoin price to decrease sometimes since it is not always going up. It is just normal for it to dip when price have stabilized to a certain point after rise. I am also sure that when operation dragonslayer has been unfold, then you will be more worried about it since price will dump greatly when it succeeded. The best thing to do now if you are into this for long term is to not look at price often. Come back and gather news here once a month if you are holding it for years.

markint

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Quote from: Member helper on December 20, 2017, 11:22:36 AM

Hi guys I am a newbie and tell me please that why the price of bitcoin goes to decrease? please tell me the main reason because I like this coin and when it's price goes to decrease I am very worried.

You worry too much precisely because you're newbie. Anyone who has been involved in this market for more than a year will know that volatility is the hallmark of this business, and those of us interested in making a living with cryptos have to learn to deal with this enormous volatility.

marcuslong

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Quote from: Member helper on December 20, 2017, 11:22:36 AM

Hi guys I am a newbie and tell me please that why the price of bitcoin goes to decrease? please tell me the main reason because I like this coin and when it's price goes to decrease I am very worried.

Don't worry mate price decreased and increased time to time which the people are selling their coins and wait for the demand for to increase again once the volume it up at the coins market then expect that bitcoin lrice will increased don't panic to sell all your bitcoin if you hold it you will be a blessed again into next increase of bitcoins just try your self and your guts as wellz

CyberKuro

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Here a simple tip which makes you not worry at all; stop check bitcoin price every hour, every day 24/7.
If you do that, you won't feel worried at all, unless you are short-term traders.
Just believe in bitcoin, it will reach at least $50K-$100K in 2018 or even more, don't you happy about that?
So, just buy bitcoin as much as you can every month and keep your wallet safe, and then check the price by the end of 2018.

talks_cheep

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Quote from: Oceat on December 20, 2017, 05:51:58 PM

Quote from: talks_cheep on December 20, 2017, 04:47:22 PM

Lots of people need $$$, so they're selling for Christmas. It looks like the market is finally going into a downturn, $12K here we come!!!

lol for $12k and i would be happy to buy if this is going to be real. Well, i'm ready for Christmas so no need to sell though, beside i'm happy to hold it again for the next year. Well, that price of Bitcoin is the same price as of yesterday, so there's no need to worry yet. And also it will be a good time to buy if it's going to go down for a bit.

You can LOL as much as you'd like, there are people who bought at $19900, these are the people who will lose their shirts come January 2018. You ain't seen nothing yet. 90% loss in-coming.

zulkarnaen

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For now bitcoin price is down about $ 16 and certainly the factor is because of the increased bitcoin sales rate in the market. because some bitcoin users make sales for their preparation needs ahead of Christmas and New Year. and maybe the price of bitcoin drops to $ 12k before the beginning of the year and now it seems time to buy bitcoin.

ihsanskanzaone

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Quote from: Slow death on December 20, 2017, 04:44:48 PM

Quote from: Member helper on December 20, 2017, 11:22:36 AM

Hi guys I am a newbie and tell me please that why the price of bitcoin goes to decrease? please tell me the main reason because I like this coin and when it's price goes to decrease I am very worried.

Many people bought bitcoin when the price was $12000 or much less than $12000, these people bought bitcoin because they knew about the hard and future forks and now that there is no big news these people are selling their bitcoin to make profits, it happens all the time. if you observe for some time, you will get used to this UP and Down of the price. bitcoin is a good long-term investment, even if the price drops a lot you should not be worried because it will rise

Usually bitcoin prices go up then other coins like bitcoincash and bitcoingold will go up and otherwise bitcoin price down then bitcoincash and bitcoingold prices go down but we can see bitcoin prices go down but other bitcoin even increases rapidly in price, this indicates that bitcoin price has started to reach its limit or people start choosing bitcoincash and bitcoingold as a good investment coin.

Oceat

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Quote from: talks_cheep on December 20, 2017, 04:47:22 PM

Lots of people need $$$, so they're selling for Christmas. It looks like the market is finally going into a downturn, $12K here we come!!!

lol for $12k and i would be happy to buy if this is going to be real. Well, i'm ready for Christmas so no need to sell though, beside i'm happy to hold it again for the next year. Well, that price of Bitcoin is the same price as of yesterday, so there's no need to worry yet. And also it will be a good time to buy if it's going to go down for a bit.

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