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Topic: Main reason for the price drop (Read 995 times)

full member
Activity: 386
Merit: 100
August 16, 2018, 03:22:26 AM
Most people chose to sell encryption in exchange for cash, and the market decided to continue to fall, as did many funds and traders.


The main reason is that we sell in bear market as we look for getting little profit which is a wrong step as if high profit is achievable here then why we proceed for little profit. Whenever the price increases a little then we sell immediately which is our wrong attempt that is not letting the value of Bitcoin to go higher and besides these mistakes our expectations for bull market are useless.
member
Activity: 125
Merit: 10
August 13, 2018, 11:25:25 PM
Most people chose to sell encryption in exchange for cash, and the market decided to continue to fall, as did many funds and traders.

hero member
Activity: 1190
Merit: 511
August 13, 2018, 04:04:51 PM
In my opinion the main reason  that affects the value of Bitcoin is the investors.We people are responsible for the rise and falls in the value.We people often sell out our Bitcoin's whenever we hear something negative about it.This leads in a huge drop in the value.And whenever we invest in it more the value increases automatically.So we people are the main factor that affects the Bitcoin value.

Prices deepening is the the results of over reaction of investors which is new from  this business, uncertainty will cause them panic that causes them dump immediately even if they are  in the verge of loosing in addition to some bad news about bitcoin.

People who are panicking are those investors who are not well knowledgeable about how the market is working and that is the reason why they sell their coins at a lowest price every time the market is dumping.
Well, that is life, sometimes you tend to panic when the market price goes down and it is a normal feeling unless you are day trader when  you will find it interesting, you'll find it an opportunity for you to go and invest with bitcoin and some other coins that have potential value  in the future.
hero member
Activity: 1022
Merit: 538
August 13, 2018, 09:05:36 AM
In my opinion the main reason  that affects the value of Bitcoin is the investors.We people are responsible for the rise and falls in the value.We people often sell out our Bitcoin's whenever we hear something negative about it.This leads in a huge drop in the value.And whenever we invest in it more the value increases automatically.So we people are the main factor that affects the Bitcoin value.

Prices deepening is the the results of over reaction of investors which is new from  this business, uncertainty will cause them panic that causes them dump immediately even if they are  in the verge of loosing in addition to some bad news about bitcoin.

People who are panicking are those investors who are not well knowledgeable about how the market is working and that is the reason why they sell their coins at a lowest price every time the market is dumping.
Yes, traders got panic and took wrong decisions. There is nothing wrong with a price dropping or a price increasing hugely as this happens easily in every market which I want to believe anyone who is conversant with the way markets has always been would know better than to be worried about such movements as this knowing that every movement creates an opportunity either for buying during the dips or selling when everyone is getting greedy.

The price drop was normal though considering the nature of the market throughout last year which was expected to give birth to a huge correction and this is the correction we are having now. Even the increase in demand these days is fueled by manipulations and speculations, which makes it extremely hard to even get to understand how things have been tending for a while now and to know whether to be trusting in TAs or not.
full member
Activity: 448
Merit: 100
Lets Go Adab
August 11, 2018, 02:10:25 PM
In my opinion the main reason  that affects the value of Bitcoin is the investors.We people are responsible for the rise and falls in the value.We people often sell out our Bitcoin's whenever we hear something negative about it.This leads in a huge drop in the value.And whenever we invest in it more the value increases automatically.So we people are the main factor that affects the Bitcoin value.

Prices deepening is the the results of over reaction of investors which is new from  this business, uncertainty will cause them panic that causes them dump immediately even if they are  in the verge of loosing in addition to some bad news about bitcoin.

People who are panicking are those investors who are not well knowledgeable about how the market is working and that is the reason why they sell their coins at a lowest price every time the market is dumping.
newbie
Activity: 154
Merit: 0
August 11, 2018, 08:56:41 AM
I read some news this last week, and there is some indication of wash trading and spoofing going on, so the prices are dropping.

Do you think this is the reason, or the movements of the market are normal ?
I read from several sources that many say this is caused by two countries, China and India, where both have large investors in bitcoin. The two countries agreed to temporarily close the access of this digital currency in order to improve the existing regulations, so it is only natural that the price of bitcoin has fallen sharply.
sr. member
Activity: 686
Merit: 250
August 11, 2018, 08:25:54 AM
We all will definitely feel disappointed when coin prices decline, but it will not be useful because the most important thing is that we can be patient with these conditions. There will be where conditions improve and we experience a change from a negative price movement towards positive price movements. We only need to wait and the results will certainly make us happy.
member
Activity: 490
Merit: 28
August 11, 2018, 07:46:36 AM
In my opinion the main reason  that affects the value of Bitcoin is the investors.We people are responsible for the rise and falls in the value.We people often sell out our Bitcoin's whenever we hear something negative about it.This leads in a huge drop in the value.And whenever we invest in it more the value increases automatically.So we people are the main factor that affects the Bitcoin value.

Prices deepening is the the results of over reaction of investors which is new from  this business, uncertainty will cause them panic that causes them dump immediately even if they are  in the verge of loosing in addition to some bad news about bitcoin.
sr. member
Activity: 868
Merit: 265
★Bitvest.io★ Play Plinko or Invest!
August 11, 2018, 07:02:58 AM
I think part of the money has returned to the USD because of the excessive appreciation of the USD in international currencies. In many countries, the USD has gained much value.
full member
Activity: 238
Merit: 100
August 11, 2018, 06:54:53 AM
In my opinion the main reason  that affects the value of Bitcoin is the investors.We people are responsible for the rise and falls in the value.We people often sell out our Bitcoin's whenever we hear something negative about it.This leads in a huge drop in the value.And whenever we invest in it more the value increases automatically.So we people are the main factor that affects the Bitcoin value.
jr. member
Activity: 83
Merit: 1
August 10, 2018, 03:03:50 AM
In my knowledge when crypto drop the reasons behind the drop in the past was the high selling and short selling while some time bad news regarding crypto comes in the market which also change the crypto price. I think it's as a result of various negative news leading to low confidence in the market
To me I think that the panic selling is the main reason for the price to drop, we have experienced that once the price start decreasing its price the inexperienced investors and trader get panic and then they try to sell their stock even with a big lost which create selling pressure in the market and therefore the price continue to drop.
Main reason for the price drop is low demand from the people. When people do not demand for more bitcoin, there will be a lot of supply in the market but there would be no buyers and thus the price goes down. Other reason I think is market manipulation. Whales manipulate the market according to their well and when they want they change the price.

Yes that is right that there are so many reasons which are causing the bitcoin price to drop but I think that the current decrease in bitcoin price is only because of the bad news about the EFT, but I am sure that it not affect the bitcoin price for a long time and very soon it will start recovering its position in a good way.
hero member
Activity: 1190
Merit: 500
August 09, 2018, 08:46:12 PM
I think there is not huge problem. The biggest reason is panic selling. Even the ridiculous news can affect people's psychology. Only the traders who have been in trade for a long time can reduce their own emotions, and they always knows how to look positive to red market.
The price has increased a little today but it is not a permanent or satisfactory increase though it is required at this stage but we need more improvement to see a bull market in the future days. this is only possible if we do not sell out at this stage to see a little increase can not make us sell and if we do so then the price will go high and we will see a better value soon in future days.
Bitcoin’s price has different movements in different times so we can not find out when the market situations changes for which we need to focus on our benefit, where our benefit is. Something of great importance is to look for benefit only because of the unstable market we can not predict future correctly, the only benefit is to buy a lot of Bitcoins or other coins in the current market which is in front of us so what are you waiting for.
Yeah what we have to do is take advantage of the best possible opportunity. it's hard to see why prices are weakening because changes in bitcoin prices are influenced by many things, as you say we can only do our best like buying at a low price and hoping the price goes up
member
Activity: 490
Merit: 10
SEND AND RECEIVE MONEY INSTANTLY
August 09, 2018, 05:02:40 PM
Bitcoin's market cycle is running perfectly. So this year look like same with 2014. All graphics are very similar for Bitcoin this year and 2014!
full member
Activity: 756
Merit: 102
August 09, 2018, 04:58:08 PM
In my knowledge when crypto drop the reasons behind the drop in the past was the high selling and short selling while some time bad news regarding crypto comes in the market which also change the crypto price. I think it's as a result of various negative news leading to low confidence in the market
To me I think that the panic selling is the main reason for the price to drop, we have experienced that once the price start decreasing its price the inexperienced investors and trader get panic and then they try to sell their stock even with a big lost which create selling pressure in the market and therefore the price continue to drop.
Main reason for the price drop is low demand from the people. When people do not demand for more bitcoin, there will be a lot of supply in the market but there would be no buyers and thus the price goes down. Other reason I think is market manipulation. Whales manipulate the market according to their well and when they want they change the price.

Yes! Also the reason is called "consolidation".

Someone pumps the coin then waits others to buy then they sell with profit, after that many traders lose money by holding that coin.
Holders start to sell after some time, then others sell and so on...


consolidation ? no i think that is still a manipulation . whales are manipulating the entire crypto market right now , thats why we still experience a bear market . when the whales decided to pump it again , that is only the time that we can see that cryptos are rising but it shouldnt last a long time . thats why panicking in the form of selling your coins imediately is pretty beneficial in order for you to earn a good income during the pump phase . price drops or manipulation is somehow normal and it does happen all the time , so the best thing to do is just wait for the right time .
member
Activity: 448
Merit: 89
Full Stack Engineer
August 09, 2018, 03:50:33 PM
In my knowledge when crypto drop the reasons behind the drop in the past was the high selling and short selling while some time bad news regarding crypto comes in the market which also change the crypto price. I think it's as a result of various negative news leading to low confidence in the market
To me I think that the panic selling is the main reason for the price to drop, we have experienced that once the price start decreasing its price the inexperienced investors and trader get panic and then they try to sell their stock even with a big lost which create selling pressure in the market and therefore the price continue to drop.
Main reason for the price drop is low demand from the people. When people do not demand for more bitcoin, there will be a lot of supply in the market but there would be no buyers and thus the price goes down. Other reason I think is market manipulation. Whales manipulate the market according to their well and when they want they change the price.

Yes! Also the reason is called "consolidation".

Someone pumps the coin then waits others to buy then they sell with profit, after that many traders lose money by holding that coin.
Holders start to sell after some time, then others sell and so on...
full member
Activity: 476
Merit: 100
www.daxico.com
August 08, 2018, 05:48:26 PM
I believe that price fluctuations of cryptocurrencies is just normal since day 1. So many reasons behind it and basically, it's the dumping of crypto assets by whales plus those people who are selling their assets too because no matter how small it is, it will always turn big when all of these are consolidated.
full member
Activity: 560
Merit: 100
August 08, 2018, 10:26:47 AM
The main reason for BTC's decline may be that too many people buy BTC, so the price increase will be very slow, and the distribution of BTC in the market is too dispersed.
Actually the fluctuations of the price which is high and low is just normal situation. The price increase and it may decrease but usually the cycle bitcoin can recover.
member
Activity: 132
Merit: 10
August 08, 2018, 09:43:10 AM
The price of BTC has risen too much in the last year, and now the heat of investing in crypto is low, so prices have fallen as the heat has fallen.
hero member
Activity: 784
Merit: 500
August 08, 2018, 08:58:49 AM
In my knowledge when crypto drop the reasons behind the drop in the past was the high selling and short selling while some time bad news regarding crypto comes in the market which also change the crypto price. I think it's as a result of various negative news leading to low confidence in the market
To me I think that the panic selling is the main reason for the price to drop, we have experienced that once the price start decreasing its price the inexperienced investors and trader get panic and then they try to sell their stock even with a big lost which create selling pressure in the market and therefore the price continue to drop.
Main reason for the price drop is low demand from the people. When people do not demand for more bitcoin, there will be a lot of supply in the market but there would be no buyers and thus the price goes down. Other reason I think is market manipulation. Whales manipulate the market according to their well and when they want they change the price.
newbie
Activity: 154
Merit: 0
July 31, 2018, 11:25:04 AM
I read some news this last week, and there is some indication of wash trading and spoofing going on, so the prices are dropping.

Do you think this is the reason, or the movements of the market are normal ?

Main reason is that US Department of Justice is doing an investigation of price manipulation like fake volumes and spoofing as you have mentioned, that's why the price suddenly drops. So you all know that this market is based on speculation so any negative news will really affected the market.

One thing to remember though is that as time goes by, eventually we will recover from this kind of negative news and bounce back stronger but it will take some time though.
Moreover, in terms of development, especially the implementation of SegWit and the introduction of Lightning Network-based applications, there are many reasons for analysts to be very optimistic with Bitcoin. What about China? in the medium term, Bitcoin is likely to outperform other cryptoes, currencies and fiat assets drastically.
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