The reason is not who does not know, we can only guess, but not the fact that it is true. I also say one principle there is not a big fall, there is no growth so that everything goes as it should be just to wait and believe.
Topic: Reason behind falling Bitcoin? (Read 818 times)
I think manipulation by the whales is the main reason why it is going down because they have enough capital to allow the movement of crypto in their hands that is why they can do whatever they want.
Yes, the reason lies in the manipulators of the market, it's all temporary at the moment, when institutional investors will show interest, and this will happen very soon we will see it in the news.
This prize might not be favorable most especially if when you buy when the prize is high and this is the main reason why most complains, know when to buy and where to sell and the best advice will. The market is presently on dip and I believe the great boom is coming up and it's time to save since the prize is down and sell when it's boom
Actually its say to hard but i think altcoin depend on bitcoin. I was analysis about crypto market and found when bitcoin are down that time altcoin are down on the other hand, when bitcoin are increase that time altcoin are rose. So i think it's connected to bitcoin.
I also cannot understand why the price is still moving down, because there are so much great news and announcements that are going to happen in November and December. I think the market is still manipulated by some whales.
Where are you reading all these misleading information? I have been watching bitcoin's price and it is going around 6,400 for some time. It is not really falling, it crashed before because some crazy investors created bubble because of FOMO which popped and now some people think bitcoin is falling which isn't even close to reality.
I think manipulation by the whales is the main reason why it is going down because they have enough capital to allow the movement of crypto in their hands that is why they can do whatever they want.
BTC is still falling to the pit and I want to know the reasons behind it and do you think it will go down more!
I think the reason why the price of bitcoin is falling down because there are now a lot of countries who started to banned bitcoin and other cryptocurrencies that causes to lose a lot of investors and i think people started to sell their bitcoins after the price of bitcoin reaches to $20,000 last year of 2017.
Maybe this will sound like conspiracy theory. I think that there are a lot of government facilities that are mining bitcoin and probably some altcoins and that they dont pay electricity at all! North Korea is best example for that.
They have huge amounts of coal that they can't export and they can produce electric power with it, and dump all that they mine everyday and get sum of money that is unimaginable to them!
They have huge amounts of coal that they can't export and they can produce electric power with it, and dump all that they mine everyday and get sum of money that is unimaginable to them!
I think there are many factors that cause BTC prices to fall, aside from negative factors, also EFT's delay factor, and many parties want BTC prices to fall so they can dredge as much as BTC prices fall, remember BTC is a very promising investment. now,
BTC is still falling to the pit and I want to know the reasons behind it and do you think it will go down more!
I think the market is now in a state of waiting. Many events should happen in December. And there is no way to guess how the market will react to this. There are three options - down, up, sideways ... Today, the state when any of these options can occur with the same probability .. We can only wait.
The main thing of course is the decline in the level of investor confidence in the crypto currency, because of the large number of hackers and ICO scams that continue to hit investors with considerable losses, I myself have predictions that it will be very difficult to return to the end of 2017 where all crypto currencies experience a fantastic trend
its not falling, it is stable standing on the bottom, altime make +200 -200 $, the same is happening with all others currencies
The reason is that offers are higher than demand, it could be because of negative news or because of frustration with market conditions this year. And this we must be able to really be patient to avoid losses.
All very simply went large uncles who wanted to control everything, but did not want to buy at high prices,and the market was first lowered to go low,and the second to drive as many people as possible from this market,and then the governments of all countries will introduce the digital economy,all under control,taxes,the movement of digital tokens,and legalization,and then you can already in space prices,but all again in their hands!
I'm sure that you will receive many answers for the reasons behind falling Bitcoin price, currently governments is looking towards Bitcoin suspiciously, and whales are collecting bitcoin as much as the could indirectly through trading Altcoins so they keep bitcoin at the low level if we can say that.
BTC is still falling to the pit and I want to know the reasons behind it and do you think it will go down more!
for me is the delay ETF result where most of the whales and big names in the industry are playing safe to enter the undecided market. if we have a good news regarding etf and other regulation on cryptocurrency then this will be the confirmation that we are waiting for the bull run.
It is because of the bad news regarding on the update of bitcoin's ETF. Because before the news, the investors are accumulating hard on bitcoin, because they hope that it would pass the ETF. But turns out the other way around, causing some major sell and panic sell, for bitcoin price to go down.
Consider from how much has been loosing by bitcoin and it's not a lot. Bitcoin is still on its way, as far as i know etf is not the only way to get a lot of investors from teh US. there was a lot of ways to try. BAKKT, more marketing on the centralized exchange site wil help bitcoin a lot.
One reason for the fall in the price of bitcoin is the negative news that has been circulating out there. So that makes people or investors a little worried about the situation. I actually thought and also hoped otherwise, "When is this situation improving?"
BTC is still falling to the pit and I want to know the reasons behind it and do you think it will go down more!
It always goes down and up, just because it goes down a bit there is no point on getting excited or scared. You can be rest assured that bitcoin will go both directions all the time. It will never be sort of coin that will either stay the same or at least move one direction, it will definetly move to all directions possible.It goes up (like we saw last year when it hit 20 thousand dollars) it goes down (like we saw going down to 6 thousand dollars) and it goes sideways (like it has been for the past 5 months). Bitcoin usually goes down when there is someone that sells a lot of bitcoin at once or at least there is a market scare about something and people sell to get out, thats the only reason, more bitcoins sold than bought which causes the market to drop to cover the difference.
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