Topic: Reasons why Bitcoin is droping: - page 32. (Read 3451 times)
Theres a lot of reason why bitcoin's value is gong to drop,the fundamentals are stronger than technical analysis which is why we should be more focused with the fundamentals as it impacts a lot of traders in the market.Most importantly the trend of the market which would be the main reason why bitcoin's valie is goong to fail.
some things that affect the bitcoin price drop: bitcoin mine closure, the ban on bitcoin is announced by a strong economy, the closing of the bitcoin market. the law of bidding applies also to bitcoin prices.
Bitcoin is dumping is some of the weak hands people sell there holdings because of a single fake news. And other country banned bitcoin so some of the community remove. And the whales spread the fake news to make to buy if bitcoin will be dump.
Bitcoin dropping because of news but the market is recovering slowly thats a normal in market no need to panic
yes, I agree. Bitcoin price is going down because the negative news. It is affects demand of bitcoin. I think the market will rise soon.
In my opinion, there are many reasons for bittakane dropping. Because there is no huge partnership space. Its price is very high, which is not possible by newcomers. The problem of technology, slow pace is complete. Some people are spreading propaganda about Bitcoin.
The downswing in Bitcoin price is due to the recent threats and issues coming from the government and banks. If Bitcoin is to be developed, Bitcoin must be accepted at a reduced rate. The problem is time and patience. Its drop in price is similar to any financial asset. It goes up and comes down. It's just part of life here in the cryptosphere.
Yes i agree some reason stated below. Maybe the one reason is for being inbalance in the market. Some of us didnot know the flow of exchanging bitcoin. Some of them , their know how to sell bitcoin but few buy bitcoin. I think why bitcoin is dropping is because of the demand.
I think that is due to the demand of bitcoin buyers. Governments have stymied the development of bitcoin. They forbid bitcoin to work. Investors fear bitcoins will disappear so they do not buy bitcoin. Thus bitcoin prices are reduced.
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
in fact, Chinese authorities will restrict virtual exchange platforms especially those involving parties outside of China. major financial institutions such as Bank of America, Citigroup, JP Morgan, and Llyods Banking Group have agreed to ban the purchase of bitcoins with their credit cards.
Investors should be wary of investing in cryptocurrency and must abide by commission orders
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.
LN or the Lightning Network has a lot of problem that is why it isnt yet implemented yet,because if it does people will suffer especially those miners will get less amount of income,the difficult wont be a problem anymore,seconds will be needed to confirm these transactions and those altcoins like ltc which is having good speed wont be able to survive as most of the people will start switching back to bitcoin.
Bitcoin embraces a decentralized system and I think it's normal that prices sometimes drop, and the main factor is bitcoin drop because users need fiat so they sell bitcoins.
Bitcoin price down is common, because it has become the nature of the Digital Cryptocurrency assets that cost fluctuate, can go up and down anytime. if 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.
Yes that will happen any time. Bitcoin prices have a very high fluctuation rate so anything can happen. Even things like the increase and decline are very drastic. It becomes a frequent moment and every moment can change. Bad news is usually very influential to lower the price of Bitcoin even though the news has not been confirmed as a true story. 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
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
Yes, as you do not understand. News write for the upcoming up or down. We are a speck of dust in the desert. Whales constantly manipulate prices. That's the whole riddle of the market 
Bitcoins is inelastic goods to me, it don't needs advertisement or re brand to sell. Unlike other cryptocurrencies that strive on spamming advertisements over the internet. Bitcoins has make it name from its capabilities and don't need to do airdrop, rebrand or recruit specialist team members to revamp it price. Its drop in price is similar to any financial asset. It goes up and comes down.
Bitcoin price down is common, because it has become the nature of the Digital Cryptocurrency assets that cost fluctuate, can go up and down anytime. if 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.
Bitcoin has been on the world market for only a few years and therefore it is influenced by the news and events that are happening around it. But I think that after years, the price will be more or less stable.
Bitcoin is a very young currency and does not yet have stability, so all the negative news greatly affect its price. But it won't always be.
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