Reason behind falling Bitcoin? - page 12.

rohican

newbie

Activity: 196

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Quote from: Vjatri on May 28, 2018, 12:41:30 PM

What are the reason behind falling Bitcoin and do you think it will be down more!

In my opinion, this is the accumulation, from last year's correction, banned from many countries and social media, and the number of new coins created. While the market can not afford to buy all. New communities are growing, but probably not as big as the market. But I think this is enough, maybe we have seen the lower limit of Bitcoin this year. And some people who missed buying Bitcoin when the price doubled from now might take a chance.

storfox

member

Activity: 238

Merit: 10

I think that there are several reasons for the drop in the price of bitcoin, this is the first attempt by some countries to regulate the cryptocurrency market, secondly, very large financial companies want to enter the cryptocurrency market and it is beneficial for them that the bitcoin price be low to buy bitcoin at a low price.

johniadeluca

member

Activity: 224

Merit: 11

There are multiple factors, but it's definitely led by the inefficient and artificial growth that occurred due to many people just FOMO'ing in this past year. Also the impending regulation seems to be contributing to its decline. There are many different reasons that are affecting it. Definitely worth analyzing it under many different lenses though, as there is no singular answer for its decline.

elisabetheva

full member

Activity: 1708

Merit: 105

Quote from: FoBoT on June 05, 2018, 07:18:59 AM

I think some of the reasons why bitcoin is falling is because of Regulations, taxes, end of anonymity, investigations, and some people are cashing out more because of the fall but I believe it will recover soon and rise high again.

I would also like it, that bitcoin has often experienced something like this and he will return as before and can handle it.
it's just time to wait its moment.

lositech

newbie

Activity: 140

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Crypto market is a demand and supply meaning market will always go up and down. some people sell of their bitcoin to invest and in doing that it could make market to go down.

3kpk3

full member

Activity: 1050

Merit: 149

Hire Bitcointalk Camp. Manager @ r7promotions.com

The market undergoes these kind of corrections majority of the time due to the investors taking their profits or recovering their money from further losses majority of the time which is a common trend in this extremely volatile cryptocurrency market. No need to get all worked up whenever the market undergoes a correction. You must be aware of the risks before investing into this volatile crypto market. Bitcoin will recover eventually.

Serco

sr. member

Activity: 1050

Merit: 250

According to yesterday's news, bitcoin prices are due to a ban in China to legalize bitcoin and also due to the lack of investors to buy bitcoin, an important factor in the decline in bitcoin prices. We know that each sale has an active seller and buyer in the trading market, both of which have an important role in the rise and fall of prices. But in other cases such as support that legalizes bitcoin plays an important role in price and popularity. With the prohibition of bitcoin in every country, then this will make the price decline and this makes bitcoin fans very sad. Most importantly we must continue to believe that bitcoin prices will be stable, and you should use them well for your investment.

ilya_gr

full member

Activity: 294

Merit: 100

The main reason is so simple, just lose of interest from mass market. People don`t want to buy crypto because of its volatility during this year, when BTC had huge popularity and everybody follows it
We need great announcements and great progress in crypto industry now to move all market to the moon

Minor Miner

legendary

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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.

FoBoT

sr. member

Activity: 658

Merit: 250

I think some of the reasons why bitcoin is falling is because of Regulations, taxes, end of anonymity, investigations, and some people are cashing out more because of the fall but I believe it will recover soon and rise high again.

eugenefonts

member

Activity: 364

Merit: 18

Quote from: Vjatri on May 28, 2018, 12:41:30 PM

What are the reason behind falling Bitcoin and do you think it will be down more!

I think its just normal because we all know BITCOIN grows so fast last year from 800usd i think to 20000usd. And we all know market will not be forever pumping i guest its right to fall at this deep so that late investors will also have chance to dive in. I guest this yeAr will be slow at crypto and in comming year,i hope mass adoption will occur and huge growth will happen again. Bitcoin is over sold because of FUD and manipulation so i think its always best time to buy when market is bloody.

Mikcik

sr. member

Activity: 742

Merit: 250

Quote from: Vjatri on May 28, 2018, 12:41:30 PM

What are the reason behind falling Bitcoin and do you think it will be down more!

When it goes up, people think it's a bubble, but when it's down they wonder why it's falling. As I think earlier this year when bitcoin hit the highest price ever, it's too much buying, now it's declining, to a threshold it's going to go up again, but but now I still do not know haha

sashasemenov

newbie

Activity: 47

Merit: 0

It is just a price manipulation, big player want to enter the dip

ZeidFreak

member

Activity: 200

Merit: 10

Macho Gwapito ako!

The bitcoin is oversold and it's getting manipulated. I hope it will reverse uptrend position. Bitcoin is good for fundamentals and not for technical analysis so better buy if you have a spare money, Price is at steal.

froiahhhhhh

newbie

Activity: 19

Merit: 0

the reason why bitcoin is low is because investors are few here because bitcoin investors have moved to altcoin because now it is bigger if you invest in altcoins.

haithomocduong

newbie

Activity: 110

Merit: 0

Well personally i think that bitcoin and the market is being manipulated and at the same time i think that we are sitting at bottom already and hopefully the market will take a reversal sooner or later from these levels. i think the usual summer slowness in the market will fade away as soon as we cross 500 b market cap.

mr-anonymous

jr. member

Activity: 30

Merit: 4

Regulation, fraud, manipulations etc... many factors change bitcoin price

[ProTrader]

sr. member

Activity: 644

Merit: 250

Quote from: Vjatri on May 28, 2018, 12:41:30 PM

What are the reason behind falling Bitcoin and do you think it will be down more!

Panic selling is imminent, many new investors are not used to have a very volatile market. In times like this they are afraid to lose more and they listen to FUD not thinking that Bitcoin is the future of a new age of currency.

Spaikal

sr. member

Activity: 442

Merit: 253

Small community of investors hold large sums of Bitcoin and can influence the market, causing ascending as well as plunging

lyons

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Quote from: Vjatri on May 28, 2018, 12:41:30 PM

What are the reason behind falling Bitcoin and do you think it will be down more!

I don't know exactly the main reason of these low prices, but I know that, this is the nature of bitcoin and the other altcoins, so, in my opinion, these prices are not permanent.

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