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Topic: Reason for bitcoin Price Drop? (Read 7009 times)

member
Activity: 315
Merit: 12
January 30, 2019, 02:16:01 AM
the bitcoin market is now more likely to go down and if you hold bitcoin, of course you never sell it at the present time because what is gained is not the advantage of competing losses, and the decline of bitcoin now tends to some investors trying to sell bitcoin they have while those who buy bitcoin are not so much so there is no balance between seller and buyer.
The reason for the decline in bitcoin prices is due to pressure from various parties such as negative campaigns about bitcoin, or government policies from several countries that do not allow use in their countries.
In addition, there are fears that bitcoin will continue to fall after experiencing high prices in 2017, so that more bitcoin owners sell than those who buy.
full member
Activity: 714
Merit: 114
January 26, 2019, 05:33:06 AM
All what i am seeing is that you do not have a clue of what is really happening.

A drop related to ETF's? Hard Fork? Wow man, you seem to be very outdated, those topics are already old in here. Etf's are no longer affecting bitcoin price because there is not a good consistence on the price at the moment.

Take a look at the volume over the major bitcoin / fiat pairs on the most famous exchanges, the news are not affecting the price by the way that it used to happen before. (late 2016 - 2017)

maybe you are the one that is outdated .bitcoin etf is not yet approved and thats the maine reason on why theres no significant price movements  . other one is the news . news nowdays are purely hoax and dont have a solid evidence to back thier statement thats why people dont believe on it and that why thers no changes in the value's of cryptos  .

The main reason for the Bitcoin price drop is Etfs and hard fork and mining difficulty all these reason resulted to bitcoin drop hoping for recovery in second quarter  of 2019

as i said earlier  , theres no etf that happen yet  and theres no also hardfork for btc  .  the rumored fork last month is from eth although that also didnt happened because they postponed it  . mining isnt also difficult but actually it becomes easier because many miners are now resigning as their  job are not really profitable  anymore .
hero member
Activity: 728
Merit: 500
January 24, 2019, 03:33:58 AM
All what i am seeing is that you do not have a clue of what is really happening.

A drop related to ETF's? Hard Fork? Wow man, you seem to be very outdated, those topics are already old in here. Etf's are no longer affecting bitcoin price because there is not a good consistence on the price at the moment.

Take a look at the volume over the major bitcoin / fiat pairs on the most famous exchanges, the news are not affecting the price by the way that it used to happen before. (late 2016 - 2017)

The main reason for the Bitcoin price drop is Etfs and hard fork and mining difficulty all these reason resulted to bitcoin drop hoping for recovery in second quarter  of 2019
hero member
Activity: 991
Merit: 500
January 22, 2019, 09:05:05 AM
The main reason for the Bitcoin price drop is Etfs and hard fork and mining difficulty all these reason resulted to bitcoin drop hoping for recovery in second quarter  of 2019

Yes the major reason behind is Hard fork and mining difficulty making the price drop of btc and also there are no new people investing on bitcoin and lot of people are withdrawing there amount from bitcoin in panic and in fear of loss makes more price drop to the market. We want investors to believe and be confident on crypto market and hodl the coins in wallet in order to achieve increase in the price of bitcoin.
jr. member
Activity: 378
Merit: 3
January 22, 2019, 07:01:02 AM
The main reason for the Bitcoin price drop is Etfs and hard fork and mining difficulty all these reason resulted to bitcoin drop hoping for recovery in second quarter  of 2019
legendary
Activity: 1652
Merit: 1265
January 21, 2019, 04:38:03 AM
I lost also my money because Im still holding bitcoin and my hope still in there.

You haven't lost your money if you are holding.
You have a lottery ticket with a high possibility of big winnings.
hero member
Activity: 1834
Merit: 523
January 21, 2019, 03:57:55 AM
I lost also my money because Im still holding bitcoin and my hope still in there. If you want to esrn money you need to give your trust to bitcoin so we can do again to up the value. Price now maybe not good for you but maybe it will become 10 times more if people become united to buy and homd their bitcoin.
copper member
Activity: 362
Merit: 1
January 20, 2019, 10:21:47 AM
I think the culprit to put on blame by dropping the market of bitcoin are those big whales and I believed they also perhaps might could help the market to recover it soon. Since the market its till low and if you have still have fatih on bitcoin why dont you invest more on it, to cover up all your losses from the past when it will going to rise again to its market value.
jr. member
Activity: 378
Merit: 3
January 20, 2019, 03:43:15 AM
The main reason for the bitcoin price drop is Etf approvals and bitcoin sv hard fork and mining uncertainty all these reason lead to bitcoin bear market
full member
Activity: 476
Merit: 101
August 20, 2018, 09:42:47 PM
The truth is there are no more new investors coming in and a lot of traders are just sucking all the money that is left in the coinmarketcap by doing daytrading. HODL is dead and they are just waiting for the lowest price of bitcoin to drop before they all start buying again.
legendary
Activity: 1190
Merit: 1001
August 20, 2018, 08:37:04 PM
What is the reason for the falling value of Bitcoin?  I have already lost some money by holding on to it. Please advise me!

The reason for falling bitcoin price is People sell their coins at stage when red market seen , some People want to save their existing funds .
Think when price was 20k$ And price going down to 16K$ A person sold all milion $ At that  time save their Fiat currency from drop. He lose all interset from crypto.

Results - It depend on Popularity , Media support on bitcoin , network fees , Various services of bitcoin And many other facts. Media will always speak negtive. One day media says its postive sure new investors will come with lots of investment
full member
Activity: 294
Merit: 100
August 20, 2018, 10:42:27 AM
What is the reason for the falling value of Bitcoin?  I have already lost some money by holding on to it. Please advise me!
It has a lot of reasons and maybe no reason at all. Bitcoin is in the market and no one can say it clearly, you have lost a lot of money and think about why? But why does bitcoin have to go up? Grin
hero member
Activity: 924
Merit: 500
August 20, 2018, 10:41:03 AM
#99
usually the condition of the falling bitcoin price might occur due to bad news and happened because of the government politics and prohibitions that spread in several national media which eventually made a lot of traders panic and sell their coin prices at very cheap prices.
sr. member
Activity: 882
Merit: 251
August 20, 2018, 09:36:55 AM
#98
There are many factors the price of bitcoin is decreasing because with the recent increased in the price of Bitcoin. Most of the whales are controlling the market in order to buy the bitcoin at lower prices. Even negative news about ETF is also affecting the price of Bitcoin.
Indeed so many factors affecting of this bitcoin price. So many reasons but eventually price can climb again. Also, when people in panic sell it contributes to the price of dump so better to hold during this time.
member
Activity: 420
Merit: 10
August 19, 2018, 11:03:07 PM
#97
There are many factors the price of bitcoin is decreasing because with the recent increased in the price of Bitcoin. Most of the whales are controlling the market in order to buy the bitcoin at lower prices. Even negative news about ETF is also affecting the price of Bitcoin.
hero member
Activity: 1139
Merit: 500
August 19, 2018, 09:02:14 PM
#96
Probably the biggest reason is the whales trying to make double money on price drop. They gather bitcoin when its low, they purchase shorts and bet on bitcoin going down or staying down and than if the price starts to go up, they sell their bitcoins which causes a wave effect and price drops again, they get more on the dip and make more on short futures from the betting on low price of bitcoin. That way they both win on the short futures they just wagered and make money on selling high so bitcoin price doesn't go down. Its a win-win situation for anyone with some money in their bank accounts.


I guess the situation was a matter of perspective in etheir ways we could earn sustainable profit. The whales isn't yet taking over, because as previous experiences I had last year the biggest investors doesn't play day tradings. Most of them had a memorable buying moments and bought all bitcoin at reasonable bids, that boosted btc price into very much higher value. Eventually many people got benefited with the opportunity they've given to us, but sadly some other holder didn't feel the rewarding scenario. They choose to hold even though the signs was at lower trend, so most of the newbies in trading were panicked.
legendary
Activity: 1176
Merit: 1024
August 19, 2018, 11:40:47 AM
#95
Probably the biggest reason is the whales trying to make double money on price drop. They gather bitcoin when its low, they purchase shorts and bet on bitcoin going down or staying down and than if the price starts to go up, they sell their bitcoins which causes a wave effect and price drops again, they get more on the dip and make more on short futures from the betting on low price of bitcoin. That way they both win on the short futures they just wagered and make money on selling high so bitcoin price doesn't go down. Its a win-win situation for anyone with some money in their bank accounts.
newbie
Activity: 92
Merit: 0
August 19, 2018, 11:35:52 AM
#94
Although the character of the crypto market is similar to that, but there are many artificial reasons which are controlled by investors and various other issues. But I think this kind of problem will be solved at a particular time.
newbie
Activity: 84
Merit: 0
August 19, 2018, 11:29:51 AM
#93
There could be a lot of reasons associated with the price drop, but the major one would be the way people reacted unnecessarily to the ETF's news.
newbie
Activity: 126
Merit: 0
August 19, 2018, 10:39:03 AM
#92
There is no certain reasons for bitcoin price fall or rising. One reason is certain there are a lot of topics involved with this. Besides, the usual situation of Bitcoin or cryptococoncy is an unstable price system.
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