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Topic: Reason for bitcoin Price Drop? - page 5. (Read 6994 times)

newbie
Activity: 24
Merit: 0
August 16, 2018, 01:18:58 AM
#31
Capital is being withdrawn from the market
hero member
Activity: 1722
Merit: 528
August 16, 2018, 12:48:19 AM
#30
possible decrease in bitcoin prices. there must be certain intent and purpose, bro. it's just that we don't know what has been planned behind this.

There are a lot of reasons why the Bitcoin price is moving either dumping or pumping and the most reason why it is like this is because it is volatile.


Bitcon is a decentralized crypto currency making it a crpyto currency that is so volatile since it is only relying it's price movement to the law of demand of supply, and also in the market.
full member
Activity: 361
Merit: 100
August 16, 2018, 12:45:21 AM
#29
Bitcoins market trend is either bull run or the bear.Mostly there will be two leading groups in the market one will be pulling up and the other is for pulling it down .If there is more sellers in the market the price will be dropping and if the buyers are more its price will be increasing..By understanding  and studying the positive factors of the bitcoin, more people are getting aware of its technological involvement and usefulness of the bitcoin for the daily requirement of the it  world wide.
brand new
Activity: 0
Merit: 0
August 16, 2018, 12:19:25 AM
#28
The main speculations for the price drops are indicating towards teh recent news of the ETF from the SEC. There could be others, but this one is the prominent one.
newbie
Activity: 112
Merit: 0
August 16, 2018, 12:29:48 AM
#28
BTC has signal to little recovery but don't know price of BTC will be in comming time. Many technical analysis but almost are wrong, we just wait and keep monitor.
jr. member
Activity: 230
Merit: 1
August 13, 2018, 09:12:53 PM
#27
possible decrease in bitcoin prices. there must be certain intent and purpose, bro. it's just that we don't know what has been planned behind this.
jr. member
Activity: 280
Merit: 1
August 13, 2018, 09:08:11 PM
#26
I believe in bitcoin and it's  great power to come up, anytime the price falls. I believe when the current issues are resolved, the price will come up again much stronger than it was. As crypto enthusiasts, we always expect bitcoin to achieve higher heights so blockchain technology is propagated to the world.
member
Activity: 462
Merit: 10
August 13, 2018, 08:58:12 PM
#25
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 bitcoin value not falling too much. If you compare the value with any other altcoins, btc value is quite stable, not much falling.
Some peoples say the recent falling in crypto market is because ETF related or something like that.
member
Activity: 266
Merit: 32
August 13, 2018, 04:13:13 PM
#24
The main reason for bitcoin price drop is that no one buys bitcoin for 7k. This price is too high compare to last 2 years, so only few are capable to buy it now. Most of the people now are holding their bitcoin and some sells it for a high price, with others can't afford the price.

There are more sellers at $6000 and less buyers
jr. member
Activity: 266
Merit: 1
August 13, 2018, 11:39:21 AM
#23
The main reason for bitcoin price drop is that no one buys bitcoin for 7k. This price is too high compare to last 2 years, so only few are capable to buy it now. Most of the people now are holding their bitcoin and some sells it for a high price, with others can't afford the price.
sr. member
Activity: 619
Merit: 251
WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
August 13, 2018, 10:36:51 AM
#22
What is the reason for the falling value of Bitcoin?  I have already lost some money by holding on to it. Please advise me!
As I heard the reason for Breaking the price is the postponing of decision about EFT, and this for me means that we will not having a proper price increasing until 2019, until they will actually make that decision.
member
Activity: 378
Merit: 10
WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
August 13, 2018, 05:19:20 AM
#21
What is the reason for the falling value of Bitcoin?  I have already lost some money by holding on to it. Please advise me!
just hold, the reasons for recent drop is because the etf decisions is postponed until 30 september. I believe in early september we will see the value will recovery, people just stop believing that ETF will get approval cause gemini did rejected in last month, but i'm sure its different case for Vaneck, I hope SEC approve the bitcoin ETF for Vaneck.
full member
Activity: 238
Merit: 109
August 13, 2018, 05:15:31 AM
#20
What is the reason for the falling value of Bitcoin?  I have already lost some money by holding on to it. Please advise me!

Sell off to limit your loss before it gets worse. Solid analysis of the actual data shows the downturn is caused by HODL'ers selling - people in here who say "HODL" are probably just looking to sell their own and are trying to convince other not to do so to save their own skin.

The full data showing the HODL'ers are selling can be seen here: https://www.ccn.com/bitcoin-price-decline-caused-by-hodlers-unprecedented-30-billion-sell-off-research/
newbie
Activity: 105
Merit: 0
August 13, 2018, 05:14:29 AM
#19
Many countries have banned crypto currency in the world. So bitcoin price is not going up. For this few crypto users fear about bitcoin price.  Wink
hero member
Activity: 1694
Merit: 502
★Bitvest.io★ Play Plinko or Invest!
August 13, 2018, 05:12:41 AM
#18
I see a lot of "hodl" posts with no reasoning behind it.

Here is mine :

I'm with you as I'm more "afraid" to lose my coins than the fiat I exchanged for it.

If I had to choose, I'd rather have the coins.

Dealing with databases daily, I can't say no to a technology making it obsolete with blockchain.

Yes losing money sucks, but being part of, I believe, what's the next mass adopted tech is just not something I can't say no to.


Do I need to add something more? We can search for reasons behind every drop, reasons for every rise, but its never just one thing. We shouldn`t watch only the price of bitcoin, its constantly moving up and down, but this is the future, bitcoin will be next mass adopted tech and instead complaining about price fluctuations people should relax, use bitcoins for paying, for fun, who is smart will save some for future and we shouldn`t worry.
I think most of posts connected with price and holding bitcoins comes from people who wish fast money, fiat money. They don`t care about bitcoin or anything, they want to cash out. When they don`t make that fast money, when bitcoin drop they start to complain here on forum.
member
Activity: 546
Merit: 12
August 13, 2018, 05:02:45 AM
#17
I think whole control of the bitcoin market is in the hand of whales. They decide the direction of the price of bitcoin right now, rest of people. you can say that panic sellers are not interested in bitcoin right now. so whole power is in whales' hand. they manipulate the market as they wish. in addition. EFT rejection also has an impact on the market. If the ETF approval happens market will go to the moon.
newbie
Activity: 14
Merit: 0
August 13, 2018, 04:57:33 AM
#16
I think the reason Bitcoin prices decrease is that investors are less interested in Bitcoin. The liquidity of electronic currencies has deteriorated, making it easier for the market to be manipulated by the hands of whales, including larger equity investors or hedge funds. The fact that a large number of BTCs are in the hands of these groups makes it possible for them to adjust the direction of the market to their liking.
full member
Activity: 391
Merit: 100
SOL.BIOKRIPT.COM
August 13, 2018, 04:42:59 AM
#15
They are many reasons why the price of bitcoin will going down. Many people want the price of bitcoin always increasing but there are times that the value of it is low. Maybe the price of it depends on how many people continue supporting on it. It depends of the investors, traders, participants of bitcoin so if the number of investors, traders and participants of bitcoin is decreasing we can assume or expect that it affects the value or price of bitcoin.
full member
Activity: 644
Merit: 103
August 13, 2018, 04:41:03 AM
#14
What is the reason for the falling value of Bitcoin?  I have already lost some money by holding on to it. Please advise me!
No, you are not losing money as long as you are hodling; this is just a paper loss. What you ought to do is hodl until the price reaches above your buy price and sell from that point onwards. Just remember to not beat yourself up for not maximizing profit with hindsight information, it will drive you nuts.
jr. member
Activity: 144
Merit: 1
August 13, 2018, 04:40:06 AM
#13
On day by day, Bitcoin goes down heavily. I think the main affections are these things. Many people are selling them BTC because they are very scared about that market condition. Actually, They are very scared. So many people are selling them own Bitcoins. So bitcoin make a downtrend and its price goes downwards. Another thing is, some bad news is releasing. We know news can be a big effect on the market. I think these are the main reasons why Bitcoin price drop.
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