Topic: Reason behind falling Bitcoin? - page 10. (Read 1453 times)
I think there are many factors. It should be a stronger dollar. There is the World Cup. These can all have an impact. Especially the World Cup. Many whales are in the World Cup.
There are many reason behind falling bitcoin like people should invest in long term....but in long term their are many problems and swings to get achieve goal..bitcoin is a best coin in crypto world..so there are accure many problems in the market.
What are the reason behind falling Bitcoin and do you think it will be down more!
The reason is because many people are dumping btc hence it lowers btc dominance across the cryptocurrency. Anyway just wait for november or december i think thats when the whales buys alot of btc and we will see a huge pump. So just be patient and wait for it.
The first is the news that the exchanges have been attacked. I think this has a great impact on the market decline. Many people are worried about their own asset safety. They start to sell a lot of coins! Caused a sharp drop in market prices
The reason why bitcoin is falling right now due to the volatility in market because this is a unstable investment and also it cause by negative feedback by individuals.But in this matter still bitcoin opportunities has a big impact for us so we don't need to worry, I believe it has a good comeback at the right time.
The first is the news that the exchanges have been attacked. I think this has a great impact on the market decline. Many people are worried about their own asset safety. They start to sell a lot of coins! Caused a sharp drop in market prices
The giant are inactivity BTC to distance, bearish early they limiting into the bazaar perchance abaft the bazaar the BTC will sky rocket
What are the reason behind falling Bitcoin and do you think it will be down more!
I do not know how many times such questions have arisen. But I will answer it as I know bro. The price of bitcoin down is influenced by many things, such as bad news, then large-scale dummies made by big players. Will it continue to fall? not necessarily, because there is a purpose behind the falling bitcoin price. Technically, bitcoin is looking for the lowest price for this year, then it will go up looking for the highest price that could be higher than the price at the beginning of this year which we know to reach $ 10,000 moreYes, a lot of things influence the price value of Bitcoin to go down, but this is a reaction, Market is Volatile, anything can happened at any given time, Bitcoin price can go up and goes down dependent on the Volume of investment posted on the market for Bitcoin, and, also influence by Investors Behavior on the market, the fundamentals, the FUD, HODL traders, and a lot more like fake news posted and adopted by Media who is resisting the entry of Bitcoin into the crypto trading market.
There are many reasons why the price of bitcoin has fallen, most likely by the people who control the market.
The main reason is supply and demand. If people want to sell a lot of bitcoin, the price will go down.
The main reason is supply and demand. If people want to sell a lot of bitcoin, the price will go down.
I think it was also the part that the coinrail exchange has been hacked and stolen lot of bitcoins and other coins and altcoins. I think it is also the reason for this bearish market as of now. The hackers I think is selling all the bitcoins that cause bitcoin price to fall down hard. When the bitcoin price falls then so also as the other coins and altcoins.
I believe that the price of bitcoin has been overstated and now it is falling until there is a demand again.
A lot of people will say its because of this news or that news, but the way I see it is Bitcoin was in a bubble (obviously), and now that bubble market cycle needs to fully complete, which unfortunately includes a 70-80% correction or more from the top over a period of time. Once this thing blows off all its steam and the masses start to capitulate and panic sell (even some of the vets might contemplate panic selling) is when the bottom will be found and the bubble cycle will complete, and then Bitcoin can finally catch its stride again from there to eventually find new highs.
Also some bad news have been coming out recently that have been causing panic sell off. For those that still believe strongly in cryptocurrency, we hold like a boss and wait for the bull season to take profit.
My opinion is information is not entirely accurate, Bitcoin can not fall completely, it has, however, like many payment systems, a temporary crisis, but it always stably comes out of it, and in most cases with a double profit
Buying pressures had since lacked since the previous 20k peak, it was astonishing with almost 80% of US yongsters had invested into, the gold rush period is real until some owners with LOTS of supply had been doing bulk selling, millions and millions until the pressure went off, the market cap is shrinking and nobody was as much interest into cryptocurrency when negative news and charts are everywhere, this is a especially costly correction when it goes too fast, its still 100% more comparing to 2017 jan
I think in addition to the price risk from the fluctuating exchange rate, there is currently a very heated debate about the bitcoin 'software' with competing proposals on how to scale bitcoin in order to facilitate more transactions (BitcoinXT, BIP10x). Without going too much into detail, the discussion questions some of the core principles of bitcoin. In the end, you need to be comfortable with your investments and the risk that you're taking. The fact that you're asking the question in the first place might imply that you're not
What are the reason behind falling Bitcoin and do you think it will be down more!
The theory says to be wary if the increase happens too fast. Perhaps the correction occurred along with the attitude of many social media that no longer support crypto this year. So it may not be strange if market capitalization is eroded. But for some people this is an opportunity, and I am sure there is still much hope in the future.
Many rich guys and organisations want to get in to this market. Nasdaq plans to open their own crypto exchange. When you start such kind of business you need to buy a lot of crypto. To spend less money / buy more crypto they need the lowest BTC price. It's only my opinion, but I guess it's pretty real to be truth.
Basically some beginners in investing bitcoin dump their BTC due of panic selling and lack of knowledge about holding bitcoin, some might reason are lots of bitcoin fake news that has spread in the internet that cause a bad image for bitcoin.
What are the reason behind falling Bitcoin and do you think it will be down more!
It looks like last year's abnormal increase, and we just felt the effect this year. The possibility is always there, but I think the potential increase is greater for now.
Fear, Uncertainty, Doubt. Nothing else!
We need to be strong, big whales want to buy Bitcoin for the lowest possible price.
We need to be strong, big whales want to buy Bitcoin for the lowest possible price.
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