Topic: Reason for bitcoin Price Drop? - page 3. (Read 7009 times)
The price of the bitcoin is dropping now which is a very bad news for the users. The price is falling because of the investors, traders, users. Number of parties when decreased at that moment price also dropped. So, we have just to wait now!
Some 4,000,000 Bitcoins were purchased before 2011 when the price was $100 or $200. Also who will buy Bitcoin at $6000 ??
Many will buy bitcoin at $6000 because some people believe the price would not go any lower. On the other hand, I believe that they would not affect the price that much. Only big whales are in control of the price and they can manipulate it as they want. Added to that, the reason as to why it has dropped was due to many connected reasons starting from the big whales which I mentioned above, the media which always talks about bitcoin in a negative way so it makes people fear, then they sell.
When the demand goes high for any asset, the price for that particular asset increases. But in times when people get to realize how much it truly worth that’s what affects the price. The price of BTC is not determined yet.
There is no perticular reason for the drop I think. Just dont sell the bitcoins now and have patience. The price will rise for sure and I would say that buy more now if you can. You'll be benefited after the recovery quickly just mark my words.
There is very simple answer...bitcoin is a virtual currency, there is no any law... so bitcoin is very dependent on news and people's opinions
so many reasons why bitcoin prices drop. starting from ETFs, until what happened recently, namely the official arabic legalization of bitcoin in their country. Well, I think that is the trigger for the decline in bitcoin prices. but I'm sure there will be good news that makes the price rise.What is the reason for the falling value of Bitcoin? I have already lost some money by holding on to it. Please advise me!
Reasons why bitcoin has fallen is a lot, but no one can say exactly why. When there is good news, everyone expects to raise prices and vice versa. The bitcoin price is based on good and bad news from the world /adoption of bitcoin by a country, institution permit, and the like/. As far as i noticed, it is so. I do not know exactly what the price you bought bitcoin because you did not write it, but do not worry about the price of bitcoin growing, it just wants patience and strong nerves. If you need urgent money so sell an part and leave the rest in bitcoin. 
The market is quite stable now but from some weeks the market prices were very low and for this price fall many internal issues can be involved but whatever the reason or situation is the fact is nothing will stay long in this place
Yes that is right, but i think that the situation is now getting change. bitcoin price has now started increasing, currently bitcoin price is trading above 6400$ and still it continue to increase. hopefully bitcoin price will very good reach back to 20000$ because still people want to invest their money in bitcoin for getting some profit.
People have raised the value of BTC too high just to make quick money in previous year. As value went up, people lose their interest to buy bitcoin. Because of this there is now less demand which is causing price drop.
What is the reason for the falling value of Bitcoin? I have already lost some money by holding on to it. Please advise me!
Maybe I think the cause of the market price is falling and continues to fall due to some investors who want to manipulate prices and reduce it, eventually the other investors panic about it because they are afraid of their assets for no further loss.My advice is that we keep holding it, do not follow what is happening now, sure all investors want the price to rise again, therefore we as investors stand with the unfavorable situation right now
You should understand that bitcoin is not stable yet and expect only a recovery from it this is the biggest mistake.
There is very simple answer...bitcoin is a virtual currency, there is no any law... so bitcoin is very dependent on news and people's opinions
so many reasons why bitcoin prices drop. starting from ETFs, until what happened recently, namely the official arabic legalization of bitcoin in their country. Well, I think that is the trigger for the decline in bitcoin prices. but I'm sure there will be good news that makes the price rise.
There is very simple answer...bitcoin is a virtual currency, there is no any law... so bitcoin is very dependent on news and people's opinions
According to him there are parties who intentionally or who do not like bitcoin by making negative news to drop market prices, requests and offers.
Yes, the bitcoin prices are dropping day by day and it seems at the moment it is pure manipulation. We can see that it is just pumping and dumping everyday to a certain level and it is limiting its growth.
What is the reason for the falling value of Bitcoin? I have already lost some money by holding on to it. Please advise me!
correction, I think that's the most logical reason.
because there are currently no new rumors that are undermining the market getting red. but I guess you can speculate with a short trade if you have knowledge of it.
only reason is manipulating bitcoin by whales and little bit selling of panic sellers , whales trying to accumulate more bitcoin cheaply so they try to sell off btc and buying back cheaply more over panic sellers are always there if they see bitcoin price dips they start to sell off to make market more worse i feel this is my opinion. But market is currently not stable because a lot of reasons behind from last year . mt.gox sell off some bitcoin , some exchanges are hacked and stolen some crypto currency , a lot of things fud news happen.
maybe a lot of panic selling that sells bitcoin when the price goes down, and makes the price of bitcoin decreases. but this often happens, if you don't want to lose, hold your bitcoin until the price rises and reaches the price you want. just calm down, it's only a matter of time, the price of bitcoin will rise. maybe later this year.
What is the reason for the falling value of Bitcoin? I have already lost some money by holding on to it. Please advise me!
There are lots of reasons why bitcoin is dropping, some intend to post more speculation that bitcoin will end. People are really loosing interest to Bitcoin. That's why the price is going down. But still i have hope. waiting for bull market.
I think there are too many Altcoins on the market to do a great deal on Bitcoin. In addition, some countries do not support or prohibit electronic money is also a reason for the price of Bitcoin.
One thing that is worth noting is that this is the 4th time BTC dropped by around 30% in just this previous year, and each time it managed to rise for over 100%. So, this is by no means something that wasn’t to be expected
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