Topic: Reason for bitcoin Price Drop? - page 4. (Read 6994 times)
Panic sales are being made because the market is in a downward trend since the beginning of the year..Some people are selling because they fear the price will fall even more..However, it is known that the price is rising at the end of each year..I think this year will also 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!
I think the reasons falling value of Bitcoin because of the Internal issues within the bitcoin developing community which has previously resulted in hardforks, which is due to lack of governance. And also Media hyping the bearish behaviour of bitcoins leading to crowd speculations.I hope the market will bounce back . 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's because that one of the biggest crypto exchange (KuCoin), the office found empty and looks like abandoned office and no activity there.
That's why many people are selling because some are not trust crypto anymore
What is the reason for the falling value of Bitcoin? I have already lost some money by holding on to it. Please advise me!
if for some reason, of course I don't know, maybe some people say that because of negative news about bitcoin, in my opinion, for example you don't sell your bitcoin when prices go down, I don't think you will lose your money. 
until right now i don't know why the price of bitcoin is going down, i think its because of there are many bad issues in bitcoin that makes bitcoin price is down. or maybe the bad news makes the demand of bitcoin is drop and the stock in the market is high that makes the price of bitcoin is down
The recent price drop might be due to the rejection of SEC for a bitcoin ETF. Besides, some reports claim that long term investors of btc are selling off their shares of bitcoin. Hence, the price drop. But the strong hands are still holding on to their coins, if coins are being sold, then there’s definitely new hodlers among the buyers.
I think these are the reasons of the price drop:
1. News - When the SEC said that the ETF will be delayed, many bitcoin holders see this as a FUD and immediately sell their bitcoins that caused the price drop.
2. Manipulation - Although this is no evidence regarding this, I believe that rich people and some institutions are manipulating Bitcoin and other cryptocurrencies in their own way.
1. News - When the SEC said that the ETF will be delayed, many bitcoin holders see this as a FUD and immediately sell their bitcoins that caused the price drop.
2. Manipulation - Although this is no evidence regarding this, I believe that rich people and some institutions are manipulating Bitcoin and other cryptocurrencies in their own way.
What is the reason for the falling value of Bitcoin? I have already lost some money by holding on to it. Please advise me!
In my opinion, it is because of the people who hold btc are panic and the selling their asset. So, the prices are still going down dramatically. In my suggestion, we have to stay hold togather. Maybe it is a strategy of day trader to make the market panic selling, then they could buy in the deep. After that they pump the price again, then looping
I think there are many reason behind bitcoin falling value of bitcoin .Fast of all there are too many people are trying to make money with it and doing frequent buying and selling which is causing this volatility and losing of price. And If there is more sellers in the market the price will be dropping .
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's because that one of the biggest crypto exchange (KuCoin), the office found empty and looks like abandoned office and no activity there.
That's why many people are selling because some are not trust crypto anymore
I think there are too many newbies are trying to make money with it and doing frequent buying and selling which is causing this volatility and losing of price. They are not willing to hold on for a long time.
Unfortunately this is way of market. And we got stuck into it. I think the recent ETF issues, bans can be the some reasons behind it. But I hope the situation gets changed and the price rises soon
Massive market manipulation by financial institutions. They dont want people buying BTC, so they themselves are forcing people to sell out cheap, they buy it up and keep it in storage, never to be sold again. They make money by debt interest, transaction fees etc. Eventually it will come to a point where there will only be limited BTC available, and the price will sky rocket due to its' scarcity. Banks hate BTC, so they are doing everything in their power to lock it all up.
Because the total Bitcoin market is still relatively small when compared to other industries, it doesn't take significant amounts of money to make the market price fluctuate.The volatility of Bitcoin has consistently been going down and it has become much more stable in recent times.
Massive market manipulation by financial institutions. They dont want people buying BTC, so they themselves are forcing people to sell out cheap, they buy it up and keep it in storage, never to be sold again. They make money by debt interest, transaction fees etc. Eventually it will come to a point where there will only be limited BTC available, and the price will sky rocket due to its' scarcity. Banks hate BTC, so they are doing everything in their power to lock it all up.
Can't figure out an exact reason. But as I know the conditions took place in Saudi Arabia affected a lot for the recent decrease. There are lot more reasons according to the experts
While we are busy trying to find out whats the cause of Bitcoins sudden drop to $6,000 USD from $8,000 USD, other risk takers are buying BTC at current price to take advantage of the discounted price of Bitcoin. Speculators are looking at $50,000 USD by end of this year if there would be a repeat of what happened last year. At this point in time, I would rather be a Buyer than an Observer so that when price hits the ceiling again, I have Bitcoins to unload and collect my profits.
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 is nothing you can do, just to me hold and the market will rise again mostly i can't advise you to sell now that is very low so just hold on and then the market will rise. but if you are afraid of loosing much you can sell off %20 to %40 and hold the rest.
Everyone is afraid the bitcoin price will decrease, then panic sell...Psychological players.... And the sharks try to make the price...
And I think it is common in the market of crypto as it did in the past year. That Bitcoin down very much and not many people who suspect if at the end of the year Bitcoin can go up very high. And I recommend in the trade must have patience and a long-term trading.
I think one of the reasons of the fall of bitcoin's price is the regulatory measures that is introduced to japan. The local exchange aggregator, Bitflyer, announced that they won't accept new customers due to the regulations imposed by the Financial Services Agency in Japan.
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