Reason for bitcoin | Bitcointalksearch.org

bounceback

sr. member

Activity: 2086

Merit: 283

Vave.com - Crypto Casino

Quote from: Sakanwa on February 20, 2023, 08:06:21 PM

I was thinking about what a friend asked me so I began so confuse about the question and I say let me ask about that since myself don't know may help might come from you people here.

Question: Does bitcoin has year or reason when it drops or crash on like what happened in 2022 alot of us saw hell.so I want to if has reason for the dropping in volume.

Bitcoin has cycles, namely bull cycles and bear cycles which are likely to occur again in the future following past movements, basically the principle of the crypto market is that every price goes up there will definitely be a decrease because when prices are low investors will start to accumulate purchases and when prices have gone up , investors will sell it again so the price will go down, this will continue to happen in the market as long as bitcoin is still in great demand, no need to explain at length to him just say that when the market is in a bearish phase, the price will fall and when the market has entered a bullish phase will make the price move soaring.

Jon_Hodl

member

Activity: 253

Merit: 93

Humble Bitcoin Stacktivist

The most recent price dump is FTX and a bunch of other Bitcoin banks (Celsius, BlockFi, etc.) used FTX token to collateralize large loans and then when those FTX tokens were exposed as being worthless, those Bitcoin banks had to sell a lot of bitcoin to cover their loans and the price dumped.

I also recently came across a chart on Twitter that I can't find atm but it showed a nice graph that shows that BTC pumps for about 500 days following a halving and then corrects back down as the market cools off which causes a lot of the non-believers to sell off which pushes the price down even further.

In short, it might be a good strategy to buy more before the halving cycle via a lump sum purchases and then DCA ~500 days after the halving until we reach the bottom and then lump sum again. (not financial advice)

Lida93

hero member

Activity: 938

Merit: 605

Leading Crypto Sports Betting & Casino Platform

There are many factors that can affect the price of bitcoin to decline over a period of time, and the current situation affecting the fall of bitcoin right now apart from other factors is the war between Russia and Ukraine which has affected global economy especially those countries of the West and a few in the southern pole. But despite all of these it doesn't make bitcoin to crash at any point, for bitcoin is not a shitcoin.

Cookdata

hero member

Activity: 1106

Merit: 912

Not Your Keys, Not Your Bitcoin

Quote from: Sakanwa on February 20, 2023, 08:06:21 PM

I was thinking about what a friend asked me so I began so confuse about the question and I say let me ask about that since myself don't know may help might come from you people here.

Question: Does bitcoin has year or reason when it drops or crash on like what happened in 2022 alot of us saw hell.so I want to if has reason for the dropping in volume.

2018 was another catastrophic year I think lots of bitcoiners wouldn't forget, the crash was fast as compared to 2022. Do you know why 2022 captured so many media attention? That's because lots of institutional investors have all go in fully thinking we will be headed to $100k as many people has assumed but Luna, FTX crash killed the trust that has been built worldwide but nothing spoil. Lots of people speculate that bitcoin wouldn't past 2018 all time high that was $20k but here are we trading bitcoin above $22k and with time, it will mature as the bad guys are already out of the system or getting out gradually. No place for bad guys in bitcoin, they will always get exposed at the end.

Marykeller

hero member

Activity: 1064

Merit: 501

The price of bitcoin is determined by its supply and demand.

If you closely examine the data from the halving season, which occurs every four years, you will discover that the price appears to rise more than anticipated during the halving season and that it then begins to decline (up and down) after the halving.

_act_ remark clarifies everything regarding the fluctuations in the price of bitcoin each year.

Quote from: _act_ on February 22, 2023, 03:10:53 AM

Bitcoin halves in approximately every 4 years.

The first year after halving, bull run
The second year, bull run
The third year, a very significant bear market
Fourth year, bull and bear market.

Darker45

legendary

Activity: 2576

Merit: 1860

Although there are certain patterns seen in Bitcoin's price chart, I don't think it is strictly following a schedule for its price movements. Even that popular 4-year cycle is not guaranteed. A new ATH after the halving may or may not happen again. Nothing is guaranteed or scheduled.

But there are of course always reasons for Bitcoin's price movements. After all, it reacts to news and events and whatever it is that will affect Bitcoin. Generally, though, I think the movement is highly organic. Bitcoin isn't a pump and dump shitcoin.

GreatArkansas

legendary

Activity: 2534

Merit: 1397

Quote from: Sakanwa on February 20, 2023, 08:06:21 PM

(....)

Question: Does bitcoin has year or reason when it drops or crash on like what happened in 2022 alot of us saw hell.so I want to if has reason for the dropping in volume.

No one knows what will happen in the future of Bitcoin and no one can predict the price of Bitcoin. Most of the people are just speculating, some are just trading the current market or the current market trend. Some are speculation with some basis, like comparing the current price actions to the history prices of Bitcoin since the beginning, some are using technical analysis to come up with their speculation or prediction.

Saisher

full member

Activity: 2324

Merit: 175

Quote from: Sakanwa on February 20, 2023, 08:06:21 PM

I was thinking about what a friend asked me so I began so confuse about the question and I say let me ask about that since myself don't know may help might come from you people here.

Question: Does bitcoin has year or reason when it drops or crash on like what happened in 2022 alot of us saw hell.so I want to if has reason for the dropping in volume.

Because of the FUDS and the bad things that happen in the industry, all of it has a big effect on the price of Bitcoin, which is why you should understand how the market works and its volatility.
If you want a reference for Bitcoin crash you can check out this site

https://99bitcoins.com/bitcoin-obituaries/ All the pieces of information are here on why Bitcoin drops in a given year, this is my reference and always read it to have confidence in the potential of Bitcoin.

drwhobox

full member

Activity: 756

Merit: 133

- hello doctor who box

Quote from: fadhilz123 on February 22, 2023, 05:55:55 AM

The decline that occurred in Bitcoin like last year clearly has a reason behind it and you also need to know that Bitcoin basically doesn't have a certain year for an increase except for the year for the halving to occur. However, for the decline as you saw last year, it is clear that there are reasons such as conditions and the economic situation that is not doing well globally and makes investors afraid to save more assets in any form of crypto.

There are many global factors for the price drop last year along with some internal reasons of crypto market. Some of well known crypto projects scam its user and investors. This is one of main reason behind that fall.

Since OP is fairly new to this forum and I think OP also new in the crypto space so he might have missed some of the big news from last year which cause effect in crypto market. Don't get mad at bear market or price crash, new investors can take part in the market at that time of crash.

Mate2237

hero member

Activity: 700

Merit: 577

It took me some times to understand the whole thread. Not that your grammatical accuracy is not correct but your punctuations are the problem. To make a contribution to your question I will say, bitcoin can be crashed for a full year and you can see it from last. Bitcoin was on the bear market from April 2022 to January 2023. So it can take a year and plus to be on the bear market.
While the reason of the bear market has been stated by mk4 that it is because of the selling more than the buying is the cause of the crash. And the reason is caused by whales. The more they buy, the more the price will rise and the more they sell, the more BTC will come down. That is why the market is not stable.

coupable

hero member

Activity: 2338

Merit: 757

Top-tier crypto casino and sportsbook

Bitcoin, like other emerging assets in the market, its price remains sharply unstable in waves of ups and downs. There are various reasons that can affect the price movement and cannot be limited, no matter how intuitive they seem to us.
It appears from the graphs that the price movement goes through cycles, the most important of which is the halving event, which theoretically occurs approximately every four years, but nothing is certain.

Smack That Ace

legendary

Activity: 2002

Merit: 1109

Free Free Palestine

Quote from: EarnOnVictor on February 21, 2023, 04:08:21 AM

Bitcoin is an asset, it can appreciate or depreciate, so it should not be strange to you. Last year, the coin depreciated due to many factors, especially inflation and bad news about the companies dealing with cryptos like FTX, and the infestation of hackers among others. If you want to know when to buy and sell Bitcoin, try to get to know how to speculate through the economic and technical means, they will be a good guide for you.

However, some believe in the cycle, I don't, yet you might still inform yourself with another good factor that could cause a much bullish run starting next year in April (Halving).

The bear season in 2022 is also a cycle and has been predicted earlier and I think history is still repeating, even if we don't have a pandemic, war causing crisis, or inflation, the bitcoin plunge will still happen. In 2017 we had the collapse of ponzi projects leading to a market crash, and in 2022, besides economic factors, black swan events like Luna or FTX are the cause. And I believe that if it weren't Luna or FTX, there would have been other crashes that caused bitcoin to plunge. There will always be a reason for bitcoin to drop in price and cause the market to panic, everything is repeating itself.

gantez

full member

Activity: 1736

Merit: 121

Quote from: Sakanwa on February 20, 2023, 08:06:21 PM

Question: Does bitcoin has year or reason when it drops or crash on like what happened in 2022 alot of us saw hell.

No particular year but halving is part of it that cause drop in price

Quote from: Sakanwa on February 20, 2023, 08:06:21 PM

so I want to if has reason for the dropping in volume.

During the time nearing to halving, the price of bitcoin is use to go down by history and this may be that expectation of mining of bitcoin will be further limited and the supply will reduce making high demand. In economics term this can cause price increase after the halving and that is the bull season.

Peanutswar

legendary

Activity: 1750

Merit: 1329

Top Crypto Casino

That's the time the market goes down is the people see that the bitcoin is just reached the end of the pump or the peak not all the time that the bitcoin will go forever in the uptrend so better to grab the opportunity to sell and, course, some people getting know already this is the end of the run that's the time they make another sell of their assets and other people now getting panicked with the situation. Those are the common factors also the economic crisis affects too and the investors who support cryptocurrency.

fadhilz123

sr. member

Activity: 1288

Merit: 253

casinosblockchain.io

Quote from: Sakanwa on February 20, 2023, 08:06:21 PM

Question: Does bitcoin has year or reason when it drops or crash on like what happened in 2022 alot of us saw hell.so I want to if has reason for the dropping in volume.

The decline that occurred in Bitcoin like last year clearly has a reason behind it and you also need to know that Bitcoin basically doesn't have a certain year for an increase except for the year for the halving to occur. However, for the decline as you saw last year, it is clear that there are reasons such as conditions and the economic situation that is not doing well globally and makes investors afraid to save more assets in any form of crypto.

So as usual when there are more and more people selling Bitcoins in the market out of panic and fear due to the erratic conditions of the past year, obviously the drop in price is something that everyone can see so some people are starting to wonder why it happened after the year where Bitcoin made the highest ATH in its history. So it all happened for a reason and it didn't happen by itself without any reason, and moreover last year there was a bad case that happened to a large stock exchange and it also caused excessive panic among investors.

cryptoaddictchie

legendary

Activity: 2268

Merit: 1379

Fully Regulated Crypto Casino

Quote from: Sakanwa on February 20, 2023, 08:06:21 PM

Question: Does bitcoin has year or reason when it drops or crash on like what happened in 2022 alot of us saw hell.so I want to if has reason for the dropping in volume.

Correction. I think last bull run bitcoin has increase in price from 18k to 64k in just span of few months and a major set back is necessary for a healthy market. Plus there are a lots of sellers or profit takers thats why the price plummeted too. No one can knew the exact reason but if youll see the possible scenario, a lot of fud and panic, especially during declaration on war and heavy recessions.

Majestic-milf

hero member

Activity: 1008

Merit: 629

Is there a particular year Bitcoin experiences a drop in price? Not really. It has been established that Bitcoin is a volatile digital token and that alone can make for its unsteadiness and coupled with the situation of a low demand and supply; all these tend to leave a negative impression in the minds of investors are scared to hodl long term.
Also, Bitcoin's price tends to be affected by speculation, opinionated business moguls and crypto fans since a negative report can also cause a fluctuation in it's price.

Getmon

sr. member

Activity: 1400

Merit: 273

We can observe that the halving of bitcoin every four years has an effect if we check on the price of bitcoin in previous years. In most cases, it still comes down to supply and demand. The price is anticipated to rise whenever there is a halving of the bitcoin, which also indicates that its supply is becoming more scarce. Bitcoin surges during the halving years, triggering FOMO, making it bullish even in the subsequent year. However, investors and traders will leave with their gains because they may already be overpriced and the bulls are exhausted, resulting in a price drop over the coming years.

Razmirraz

sr. member

Activity: 1316

Merit: 422

Catalog Websites

Quote from: Sakanwa on February 20, 2023, 08:06:21 PM

Question: Does bitcoin has year or reason when it drops or crash on like what happened in 2022 alot of us saw hell.so I want to if has reason for the dropping in volume.

Demand and supply are one of the main factors that influence Bitcoin price fluctuations. When market demand increases and supply is limited, the price of Bitcoin will naturally increase because many people want it and vice versa.
In addition, the skewed issues addressed to Bitcoin also greatly affect the price, investors will be worried about this issue so that many of them decide to sell their assets which makes market demand fall and prices also fall.
If you ask when it will happen, no one can answer with certainty.

_act_

legendary

Activity: 1064

Merit: 1298

Lightning network is good with small amount of BTC

Quote from: Sakanwa on February 20, 2023, 08:06:21 PM

Question: Does bitcoin has year or reason when it drops or crash on like what happened in 2022 alot of us saw hell.so I want to if has reason for the dropping in volume.

Bitcoin halves in approximately every 4 years.

The first year after halving, bull run
The second year, bull run
The third year, a very significant bear market
Fourth year, bull and bear market.

That is how it has been working, but some people are saying this may fail later, but it has not yet failed.

Topic: Reason for bitcoin (Read 319 times)