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Topic: Reasons why Bitcoin is droping: (Read 3451 times)

member
Activity: 333
Merit: 10
Lifestyle & Wellness Platform
May 22, 2018, 04:59:00 AM

Reasons why #Bitcoin is droping:

- Not a single rebrand since 2009
- No "huge news" or "strategic partnerships"
- Not enough airdrops
- Not enough PhD graduates on the team
- Team not doing bounties...
- Logo is not cool
- Satoshi is not being communicative

This was tweeted by person named Crypto Rand, what do you think about his tweet . I think these reasons always exit but Bitcoin is still very expensive, I would like to know your thoughts on this

 

maybe you're right. Bitcoin has no application and platform to help the electronic money industry. So people just use Bitcoin to trade for the Altcoin. The new ETH is really useful for electronic money
newbie
Activity: 68
Merit: 0
May 22, 2018, 04:57:34 AM
yes There are so many reasons why bitcoin is dropping, some intend to post more speculation that bitcoin will end. Even there are many speculation about it I am confident bitcoin will go to the moon and Although we cannot say when it would be but at this time lets observe the market.
newbie
Activity: 115
Merit: 0
May 22, 2018, 04:39:26 AM
In my opinion, there are many reasons for bittakane dropping. Bitcoin dropped in due to many factors, including the amount of news that cornered bitcoin with a variety of reasons. It caused a reduction in market confidence, resulting in large sales amounts. That's what really makes the value of bitcoin down dramatically.
full member
Activity: 392
Merit: 100
May 22, 2018, 04:12:19 AM
Yes, there are many reasons why Bitcoin is declining, some intend to post more speculation that Bitcoin will end. There's even a lot of speculation about that you're sure Bitcoin will go to the moon. Although you can not say when will but at this point let's observe the market. But in my opinion there are also some other reasons. First of all, it's a good price that does not let beginners buy Bitcoin, so Bitcoin is now really circulating amongst the bourses.
member
Activity: 345
Merit: 10
May 22, 2018, 03:18:35 AM
That person don't know how to develop things like that. It is not easy to develop something that you wish to make. Even if bitcoin don't have airdrops or cool logo it still surpasses dollars value and also gold. This only means that person who tweeted it is one of the dumbest in cryptoworld.
member
Activity: 345
Merit: 10
May 22, 2018, 03:15:39 AM
Why did you even decide that bitcoin collapses. I don't see the point in your text. Perhaps you are just afraid of another temporary drop in the rate of cryptocurrencies.
full member
Activity: 476
Merit: 101
www.daxico.com
May 22, 2018, 02:51:52 AM
There are many reasons why bitcoin's market price is dropping and it's not just only its price that's dropping, its market cap is also dropping. I've always read news about events that affect bitcoin's value including people who are selling their bitcoins too.
member
Activity: 121
Merit: 11
May 22, 2018, 02:45:28 AM
The Bitcoin decreasing price is made by a lot of FUD's, a lot of ban of Bitcoin in some country and a lot of laws that regulate Bitcoin to be used to some other different ways. Other than that, I also think because of the newly update giving Miret so you can rank up is affecting a little bit of losing some interest of people that may want to learn or want to have some Bitcoin.
member
Activity: 546
Merit: 11
May 22, 2018, 02:42:43 AM
Bitcoin is dropping, but since it's a fluctuating market, we should not panic too much. At a point in time, it will rise again.
newbie
Activity: 90
Merit: 0
May 22, 2018, 02:32:07 AM
I think the figures show that bitcoin and crypto tend to decrease at the start of the new year. Bans from some governments have an impact on prices, but that's not a big deal for bitcoins and crypto. The emergence of bad news about bitcoin which resulted in a decrease in demand. And the existence of a large investor game that disrupt the bitcoin price.
newbie
Activity: 104
Merit: 0
May 22, 2018, 02:16:34 AM
In my opinion the price of Bitcoin is much influenced by bad news so that investors panicked and sold all their coins. and this has happened repeatedly. People want new things every day. People are attracted to the digital currency of the fiat currency because they are tired of the physical currency, The same will happen in the future, if there is a new currency launched and people are attracted to it.
newbie
Activity: 26
Merit: 0
May 22, 2018, 02:01:56 AM
Bitcoins does not need any airdrop or online promotion. I think an offline promotion on large scale can do wonders for it now.
newbie
Activity: 140
Merit: 0
May 22, 2018, 01:55:10 AM
If you think so, you are wrong. Bitcoin does not need to be promoted by the media.
Everyone knows about bitcoin, even a layman knows.
Bitcoin prices fall as many investors sell their bitcoins. This happened after the closing of the BBTC exchanges in China, and this triggered the panic of many new investors in the world of cryptography.
full member
Activity: 701
Merit: 136
XAYA - THE ULTIMATE BLOCKCHAIN GAMING PLATFORM
May 22, 2018, 01:36:29 AM
I think the main reason why bitcoin is going down most the time are the FUD and fake news. All those cryptocurrency investors are very sensible to such bad news. And there are a lot of bad news which are not true. But nevertheless its hits bitcoin very hard and the price goes down and down. And the investors never learn something!
newbie
Activity: 142
Merit: 0
May 22, 2018, 01:28:06 AM
I somewhat agree. People are really loosing interest to Bitcoin. That's why the price is going down. But in my opinion there are also some other reasons. First of all, it's huge price that doesn't let newbies buy Bitcoin, so bitcoins now literallty circulate between exchanges. Secondly, it's technical disadvantages of Bitcoin: slow speed, missing smart contract support, high fees. And thirdly, yes, it's passive dev team. Nothing is done to help it grow.   

So as you think some altcoins will surpass BTC in near future ? May be ETH? Monero?

bitcoin is not the highest, there are some coin that are more expensive than btc
newbie
Activity: 111
Merit: 0
May 22, 2018, 01:20:19 AM

Reasons why #Bitcoin is droping:

- Not a single rebrand since 2009
- No "huge news" or "strategic partnerships"
- Not enough airdrops
- Not enough PhD graduates on the team
- Team not doing bounties...
- Logo is not cool
- Satoshi is not being communicative

This was tweeted by person named Crypto Rand, what do you think about his tweet . I think these reasons always exit but Bitcoin is still very expensive, I would like to know your thoughts on this

 


the reason Bitcoin is dropping , because it just a crisis. When the market demand is low, the price will drop.  we will see at the end of year , bitcoin will rise again.
jr. member
Activity: 121
Merit: 1
May 22, 2018, 01:17:29 AM
I think until the bitcoin is not approved by all the governments its rate will decrease.on the other hand there are lot of fake news so people are getting scared to invest in it.
member
Activity: 383
Merit: 10
May 22, 2018, 01:07:29 AM

Reasons why #Bitcoin is droping:

- Not a single rebrand since 2009
- No "huge news" or "strategic partnerships"
- Not enough airdrops
- Not enough PhD graduates on the team
- Team not doing bounties...
- Logo is not cool
- Satoshi is not being communicative

This was tweeted by person named Crypto Rand, what do you think about his tweet . I think these reasons always exit but Bitcoin is still very expensive, I would like to know your thoughts on this

 

any reason and opinion that we often read and see I do not think it discourages the investors and the interest to invest with bitcon I think bitcoin is still the best because we see bitcoin is still in the highest price than any other coin
member
Activity: 798
Merit: 10
May 22, 2018, 12:56:32 AM
Since the fantastic bitcoin increment that took place last December made many people worried about bitcoin development so they used every way to make bitcoin users panicky, and all they did was make false news in various media so as to make the bitcoin price drop.
newbie
Activity: 26
Merit: 0
May 22, 2018, 12:47:20 AM
i agree with this many of points, day by day public interest is increasing but bitcoin price down sometimes! it's not fair situation, and bitcoin also not using any smart-contract.
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