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Topic: Reason behind falling Bitcoin? - page 15. (Read 1453 times)

member
Activity: 280
Merit: 20
May 29, 2018, 07:14:19 PM
#31
This is absolutely a normal cycle, the all market is correcting, with a lot of confidence it will go down until the market recover its confidence. I agree there is some market manipulation orchestrated by whales and institutional ( behind bad news). Some TA on the market show the trend ... Market will stay bearish until August/ September 
newbie
Activity: 140
Merit: 0
May 29, 2018, 07:05:25 PM
#30
crypto space from time to time goes up and down and that is why people make gain in the market, If the market is only in one direction, it wont have made sense and people won't be making much gain. So bitcoin price falls because it is going through correction moment which it will rise again. you can take the advantage and make some profit.
newbie
Activity: 182
Merit: 0
May 29, 2018, 06:53:36 PM
#29
actually this is a market game there are some big investors playing here. and again with a variety of negative negativity switches make people sell heavily because of panic and fear of losing. but my advice is better do not panic if the price is flushed. because it will continue to damage the market price.
jr. member
Activity: 152
Merit: 1
May 29, 2018, 06:52:12 PM
#28
There are lots of reasons attached to it I will only reverse back to few stated here
 Regulations, taxes, end of anonymity, investigations, fraud and scams and legislations. Want more???

Also that USA (SEC) is looking for market manipulations of crypto. Simple as this: you order a lot of buy options but you don't make them in fact, so it APPEARS there is demand on a coin when there is NO DEMAND.
IF USA considers this practices are being done, crypto will fall down to hell as it is falling right now.
full member
Activity: 812
Merit: 101
May 29, 2018, 06:49:58 PM
#27
when correction, I think there is always a bad factor that we do not know and can affect the price of bitcoin.

I think that one of the causes that make bitcoin prices fall today is the upbit crypto market in south korea is investigated because considered has deceived many investor with the mode of falsifying the scales on the trading exchange.

so, I think that exchange manipulation and fraud on exchange dominate the bitcoin decrease today.
member
Activity: 238
Merit: 10
May 29, 2018, 06:49:18 PM
#26
Bitcoin price is falling because from time to time market undergoes correction, it happens even in stock market, it happens because people will sell off to make some gains and re-invest back again.
newbie
Activity: 183
Merit: 0
May 29, 2018, 06:37:38 PM
#25
I think that the price of bitcoin is too high. and so now it falls in price.
newbie
Activity: 24
Merit: 0
May 29, 2018, 06:35:04 PM
#24
There doesn't always have to be a reason for it. The market fluctuates.
sr. member
Activity: 868
Merit: 251
HEX: Longer pays better
May 29, 2018, 06:34:16 PM
#23
If you regularly monitor the BTC rate is affected mainly by the FUD psychology of investors. For that reason, if there is much negative news about BTC, the exchange rate will immediately fall as investors lose confidence in the BTC and the cryptos market. When the exchange rate of BTC falls, so calm and hold until the exchange rate of BTC increases again.
member
Activity: 616
Merit: 12
The Standard Protocol - Solving Inflation
May 29, 2018, 06:29:08 PM
#22
reasons?=?

Regulations, taxes, end of anonymity, investigations, fraud and scams and legislations. Want more???

Also that USA (SEC) is looking for market manipulations of crypto. Simple as this: you order a lot of buy options but you don't make them in fact, so it APPEARS there is demand on a coin when there is NO DEMAND.
IF USA considers this practices are being done, crypto will fall down to hell as it is falling right now.

Holders are going to get REKT this week, and cryptomarket will not recover from this hit.

It's quite disappointing but true. 2018 hasn't really been the year of Cryptocurrencies. Bitcoin has been heavily fud in the last couple of months and every time it seems to be heading towards a new all time high, It gets dumps. Couple of days Bitcoin looked to be breaking the $10K resistance now its back to $7K. What makes it worse is that it takes altcoins along with it.

hero member
Activity: 2940
Merit: 593
Leading Crypto Sports Betting & Casino Platform
May 29, 2018, 06:28:38 PM
#21
What are the reason behind falling Bitcoin and do you think it will be down more!
I think whales are now dumping for a profit, since there is no bad news ongoing right now they are selling for a profit, these are the people who bought when Bitcoin was dipping and they are now selling it to others who would like to make a profit in the future.
sr. member
Activity: 868
Merit: 267
SecureShift.io | Crypto-Exchange
May 29, 2018, 06:25:08 PM
#20
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 more
full member
Activity: 363
Merit: 101
Cryptocurrency is Dilema
May 29, 2018, 06:24:36 PM
#19
its good entry point now because as far as i know that MTGOX still have so much btc for they sell, and that causing the market falling so deep.

i get that information from bitcoin news sites
sr. member
Activity: 1540
Merit: 282
tBTC - https://dapp.tbtc.network/
May 29, 2018, 06:20:49 PM
#18
it is very obvious the real reason why Bitcoin went down this much due to euphoria.
did you guys remember when CME announced their listing ? everybody went nuts.
also because of that many people who know nothing about Bitcoin felt intrested with it and invested some of their money into it.
and when the price started to create its ATH again,people who joined this after heard CME listing took their profit from it and take their leave.
so it's reasonable for it to make this move,because we need to stabilize our position and emotion.
full member
Activity: 462
Merit: 100
May 29, 2018, 06:15:34 PM
#17
There are many top institutional investors and family funds who decided to cash out from the market to get the profits after the growth to the moon after the last year. I believe this trend will not last for a long time.
hero member
Activity: 2702
Merit: 510
Leading Crypto Sports Betting & Casino Platform
May 29, 2018, 06:14:54 PM
#16
To my mind there are two main reasons - some insider's manipulation which reasons we can never know and the global markets recession which makes people to cash out and wait for some better times in the economy.
The manipulators are not coming from the insiders but in fact it has been coming from the mtgox itself. mtgox trustee becomes the real reaons who is manipulating the bitcoin market at this time. You can see that in so many news or article.
jr. member
Activity: 168
Merit: 1
May 29, 2018, 06:13:29 PM
#15
Aside from crackdowns, manipulation, SEC, the few and mighty whales must have also played their part in this new series of downtrend.
sr. member
Activity: 798
Merit: 281
May 29, 2018, 06:11:20 PM
#14
It's all about market sentiment, there is no FOMO at the moment and traders are still hesitant on which way the market is moving. Long term trend could be upwards but there is a lot of swings before we get there. When some bullish news comes in the big investors will start to join in, we just have to wait for it
full member
Activity: 462
Merit: 100
May 29, 2018, 06:09:11 PM
#13
To my mind there are two main reasons - some insider's manipulation which reasons we can never know and the global markets recession which makes people to cash out and wait for some better times in the economy.
newbie
Activity: 15
Merit: 0
May 29, 2018, 06:07:09 PM
#12
On previous reports, CCN emphasized that the price of bitcoin will likely fall to the higher end of the $6,000 region in the short-term. Over the past 24 hours, the bitcoin price has dropped by 2.5 percent, from $7,580 to $7,350, dipping below the $7,300 mark at one point.
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