Reasons why Bitcoin is droping: - page 27.

cmacwiz

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Merit: 270

Quote from: biboy on January 11, 2018, 11:27:02 AM

Quote from: CornHub on January 11, 2018, 11:22:48 AM

Why do we have to complaint if bitcoin ia dropping ? and cheering if it inflates ?
Inflation and deflation is a normal phenomena on a market because it ia affected by the law of demand and supply , bitcoins are dropping due to selling of some holders and going below the number of demand, tendency it will b sold on lower price.

You are right, we need to stop that kind of attitude screaming always when the price goes low, we are just like a kid acting and crying whenever we can not get what we want, when our mother is not buying the toys and foods that we are requesting, we should be mature enough.

from my experience in bitcoin there are so many different reason of dropping the price of bitcoin . The most important reason is that's the demand of bitcoin bitcoin towards the people is decreasing that directly affect the price of bitcoin to dropping down. The another reason is popularity of bitcoin is also decreasing in all over the world that's also affect the price of bitcoin. Now a days people does not love bitcoin which directly affect the popularity of bitcoin and that's why the price of bitcoin is also decrease.

Bitlife81

newbie

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I think it's also as a result of its decentralized and open source nature which sometimes cause lack of commitment on the part of the Dev community. I hope the Devs do something different to make bitcoin what it should be. Grin

fluctuations

newbie

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There are many reasons that the price of bitcoins or other types of coding can be up or down, but I think the main reason is the supply and demand balance. bitcoin do not have any equivalent material in the real world, so bitcoin currencies are sold on the exchange. And if people buy a coin, its price increases and if people sell a coin, then the price will decrease.
Because bitcoin and other codecs are relatively new and so young, the probability of a decline is obvious.

Ashong Salonga

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Quote from: Bezobraznike on May 06, 2018, 01:46:32 PM

Price is dropping for one reason, supply is higher than demand! You can blame whale`s for dumping a lot
of Bitcoin`s, you can blame panic selling they started, demand is dropping and price dropping with that.
Market like all other market`s. Price fluctuate based on supply $ demand. Factor`s that can change supply
or demand are countless. Starting from the whale`s, they can manipulate with supply cause they are in
possession of huge amount`s of Bitcoin`s. Other reason`s come from all Bitcoin owner`s, are they strong to
hold in hard time`s, or they are subjective to panic selling. In crypto-market whale`s are like monopolist`s,
they can control market, and with information`s placed on the right place they can affect masses to go in
direction`s they want.

I agree with this statement. One thing that I have learned in Economics is that the rule of supply and demand has something to do with the market fluctuations and I think it might be one of the reasons why bitcoin is dropping. The more sellers the less its price because of the competition.

zhjxhtvb

newbie

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I agree with his point of view. Bitcoin is always affected by market sentiment, and Crypto Rand tweets will cause emotional changes in the market.

Jacob jchaes

newbie

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Merit: 0

This all are kind of true. For the days where it feels like normal it usually drop down. Maybe the popularity of bitcoin is not that strong enough for bitcoin value continuously rise up rather than to drop down. Or may be there are people behind to this situation to have a big opportunity to buy and invest to bitcoin. But a little amount of time it will rise again back to its normal and stable value or could rise more again.

Mr.Binss

newbie

Activity: 48

Merit: 0

With the problem of solving the problem of scalability, Altcoin may be a real threat to Bitcoin. Bitcoin, however, has the advantage of becoming the first form of blockbuster currency in Blockchain, so it has a solid hold in the digital currency world. Cheesy

jone sonie

newbie

Activity: 67

Merit: 0

In the digital currency world there exist two concepts Bitcoin and Altcoin. Altcoin is a replacement currency for Bitcoin and could become a risk if it becomes a top choice for investors. Altcoin was born with the intention of becoming a modified version of Bitcoin. Dash, Monero or Zcash, for example, are set to reinforce Bitcoin's privacy. Or Litecoin with four times the supply of Bitcoin and a block release time of only 2.5 minutes, could speed up the transaction than Bitcoin. This is also the reason that Bitcoin is falling. I think so. Wink

Rubble898zaitO

newbie

Activity: 210

Merit: 0

For me the reason why Bitcoin is having a tough time is because of the propaganda that governments are doing in making people believe that Bitcoin is bad, tha media that spreads false news and negativity about it, the fear, uncertainties and doubts that these unfriendly people are telling the people in the community especially the newbies, it causes their belief to get swayed easily making them do some things that are not good like panic selling and all.

Agathai

newbie

Activity: 182

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Everything does not mean there is any reason or it is an accident from the main user and the source. Or sometimes the liberation dump process like MTgox has created. This means that we will not know the fluctuations in a consistent way.

Bezobraznike

sr. member

Activity: 1274

Merit: 261

★Bitvest.io★ Play Plinko or Invest!

Price is dropping for one reason, supply is higher than demand! You can blame whale`s for dumping a lot
of Bitcoin`s, you can blame panic selling they started, demand is dropping and price dropping with that.
Market like all other market`s. Price fluctuate based on supply $ demand. Factor`s that can change supply
or demand are countless. Starting from the whale`s, they can manipulate with supply cause they are in
possession of huge amount`s of Bitcoin`s. Other reason`s come from all Bitcoin owner`s, are they strong to
hold in hard time`s, or they are subjective to panic selling. In crypto-market whale`s are like monopolist`s,
they can control market, and with information`s placed on the right place they can affect masses to go in
direction`s they want.

Gatot84

full member

Activity: 188

Merit: 100

Bitcoi is currently declining, many bitcoiners lose their interest in bitcoin especially when prices are down but do not worry just wait for bitcoin conditions to raise their prices. Bitcoin is unstable so we need to fear and be patient until we reach a good price. Cool

Malian

newbie

Activity: 65

Merit: 0

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.

Gabrieelle

sr. member

Activity: 364

Merit: 267

Quote from: anushkasachith888 on January 11, 2018, 05:04:36 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
‏

Since the price of Bitcoin was the all-time high, it brought a huge number of newbie investors and now it is the time when experienced traders/investors sold their funds to buy in the dips, newbies are suffering. There is a risk of selling wave and thus the price is falling down. However and happy with the price movement happening in the market because of Attainable stabilizer price for the long term and help for the long-term growth..

Kingjagat

newbie

Activity: 122

Merit: 0

Quote from: TEMONG on April 02, 2018, 02:56:57 AM

This is because of the news from many media, that is unbalanced information, so the opinion that develops in society makes the level of public confidence in bitcoin decreases. Hopefully in the future bitcoin will be stable again.

I think the first of all, the great price that do not let newbie buy bitcoin, so bitcoin now literally outstanding among Exchange. second, loss of technical bitcoin: slow speeds, losing support contract smart, the high cost. and the third, Yes, it Dev team passive. no one done to help grow. I rather agree. people actually lost interest to bitcoin. that's why it drops. but I think there is also a few other reasons.

v0rtecxz

sr. member

Activity: 406

Merit: 251

Quote from: CornHub on January 11, 2018, 11:22:48 AM

Why do we have to complaint if bitcoin ia dropping ? and cheering if it inflates ?
Inflation and deflation is a normal phenomena on a market because it ia affected by the law of demand and supply , bitcoins are dropping due to selling of some holders and going below the number of demand, tendency it will b sold on lower price.

demand and supply have a strong impact on bitcoin development, as you say, the phenomenon is normal, but I think there are things that have enough role to be able to change the price quickly that some news about bitcoin be it negative or positive, have an important role in the change that will occur, because public opinion depends on the news circulating

loraalbert

newbie

Activity: 184

Merit: 0

Droping and flying are the familiar words of the crypto market. It is characterized by blockchain technology and is characterized by decentralized supply. In addition, the market for crypto is quite new and not yet recognized and managed on the rules of application. The market is vulnerable to price fluctuations and FUDs from misinformation in the community.

mifanmuzny

member

Activity: 294

Merit: 16

Bitcoin price when compared to last year has eroded substantially this year till date. And, the plunge hasn’t stopped yet. The fall in the prices of the digital currencies is primarily due to the two reasons. Bitcoin price was trading at $9,761.91 up 2.58 percent on Coindesk today at the time of reporting.The highest it reached today was 9,804.55. Despite these slight gains, there is still a long way to go before the virtual currency matches the highs set by it last year. Here are the three reasons behind Bitcoin price fall. Last week three negative news related with cryptocurrencies triggered their plunge.The first was related with Nobuaki Kobayashi, the Mt. Gox. Trustee, that he sold $400 million of Bitcoin and Bitcoin cash in the January and February this year. He still owns $1.7 billion worth of Bitcoins and this is adding further fears in the market.

Vz Ketua

full member

Activity: 365

Merit: 100

CurioInvest [IEO Live]

I think there are some reasons mentioned that could make bitcoin fall and there is also a reason that is only made to scare away bitcoin users, so they become restless.

litepresence

full member

Activity: 358

Merit: 118

Quote from: anushkasachith888 on January 11, 2018, 05:04:36 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
‏

Lots of people loosing their trust in bitcoins, Also many scammer and lots of fake news spreaders are provinding fake news around this forum and other sites. We should not trust those news. Thats why bitcoin price are dropped. I always have a hope on bitcoin. I hope the price will be moon soon. So dont loose your hope.

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