Topic: Reasons why Bitcoin is droping: - page 8. (Read 3477 times)
because of the unpleasant issues in the heart that cause daily traders to panic to sell coins on the cheap. actually we should be able to deal with the cold head of the issue we can use it to buy coin as much - a lot .
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
I think Bitcoin is in the correction phase and is growing gradually.
I think the new regulation in Germany is also one of the causes of bitcoin being dropped. Germany as one of the strongest countries in Europe, especially after the UK out of the European Union, will issue a policy related to Cryptocurrency. They want to arrange Cryptocurrency circulation globally just like a new international currency rate. Germany will not allow Cryptocurrency circulation if there is no global agreement agreeing on a fixed exchange rate for Cryptocurrency. As a result, Cryptocurrency circulation in the European market was slowing down.
So as you think some altcoins will surpass BTC in near future ? May be ETH? Monero?
I thing that will never happen. And that will never happen, Altcoin will surpass Bitcoin. Because of what ?? Bitcoin is the king of all Altcoin. Altcoin market also refers to Bitcoin
Any high points and low points will be trailed by amendment on the grounds that there are many individuals who are here only for the cash going up and they run out when they see some benefit. This is the time when individuals simply offer another currency when they get a little benefit in it and continue gathering bitcoins.
The latest drop was connected to Korean exchange raid I suppose.
Here are the news. https://www.bloomberg.com/news/articles/2018-05-11/bitcoin-slips-below-9-000-as-korean-exchange-raid-renews-fears
Here are the news. https://www.bloomberg.com/news/articles/2018-05-11/bitcoin-slips-below-9-000-as-korean-exchange-raid-renews-fears
I think bitcoin is dropping is related to the increasing number of bad news about bitcoin and misuse of bitcoin by unscrupulous users for something illegal activity that adds to the long list of bad news.
many things make bitcoin prices down. like one of the exchangers being a scam, or a negative news about bitcoin. we will not know which one will make the bitcoin price go down, but I think, there are so many things that make it happen.
There are a lot of things that affects why bitcoin is dropping and I guess that no one can tell us the real reason behind the dropping and we should admit with that fact. Everyone can say their opinion or guess why this is dropping but this will always be just an opinion or guess because it will never be a perfect because of a lot of factors. For me the factors that affects maybe the status of the economy of each country with the high volume of users. The movement or the status of other crypto currencies.
I think bitcoin is dropping is related to the increasing number of bad news about bitcoin and misuse of bitcoin by unscrupulous users for something illegal activity that adds to the long list of bad news.
People really lose interest in Bitcoin. That's why the price goes down, I think there are also some other reasons. First of all, it's a great price that does not let beginners buy Bitcoin, so bitcoin is now literally circulating among the exchanges. Second, Bitcoin technical loss: slow speed, loss of intelligent contract support, high cost.
Perhaps the most influential is the panic of people who have bitcoins and then sell them simultaneously because they see bitcoin prices falling. That's what instantly makes the bitcoin price decrease.
Bitcoin is dropping and high some time is usually happen and we are not really feel it some dangereus for our investment. We have know many reason why bitcoin is dropping, some time when bitcoin on high price, suddenly just few time bitcoin is dropping more low and there are have bad news about bitcoin, where make many investment of bitcoin sell their bitcoin on low price, where many trasaction sell of bitcoin will make bitcoin have dropping price.
I think there are many reasons such as ow demands and bad news about bitcoin FUDS always spread bad news in other to see bitcoin price fall and again people that are investing in bitcoin currently are low compared to what we use to have in late last year where bitcoin saw huge patronage from people around the world. So this and many more can also cause bitcoin price fall.
Well, we should stop thinking about why the price of bitcoin is getting down. There are many reasons, such as the price is too high and people are taking bitcoin to exchanges which leads to the volatility, bitcoin goes up and down in the price cycle so it is normal. By the way, bitcoin is one of the first coin from the initial period, so it's been getting slow than the others. The price is still very high anyway and it won't last for a long time so a slight change in price (up or down) is inevitable.
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
for me why bitcoin is dropping is because of false news about bitcoin and also on its demand Its demand is getting less because of increase in demand of etherum.
I think why bitcoin is dropping. Due to the fake news, lack of promotions and also expensive amount.
Because of fake news some persons are still not believing to the aptitudes of bitcoin . So instead of investing they are withdrawing their btc and convert it to cash. We all know that the operation of bitcoin is not popular yet and they don't want to expend their money for promoting btc.
Because of fake news some persons are still not believing to the aptitudes of bitcoin . So instead of investing they are withdrawing their btc and convert it to cash. We all know that the operation of bitcoin is not popular yet and they don't want to expend their money for promoting btc.
Bitcoin fell by the information crisis causing investors to worry and sell all the Bitcoin that they hold, causing the market to fall. And many say that this is a trend of price adjustment because it has risen too high in the short term.
Every pump will be followed by a correction as there are lots of people who are here only for the pump money and they run out as soon as they see some profit. This is the time when people just sell other coins when they get a little pump in them and keep collecting bitcoins.
Yes it is need a little pump to sell it but if you want to have a higher prices in selling coins it is need a patience and time to reach the expected prices in trading
People are not quite educated about it and countries are preventing people to learn about its worth. Furthermore , the media do not often produces articles related to crytocurrencies making its positive side not noticeable to the public. And also, not all can afford it, the world's population is nearly occupied by poor people and once cryptocurrencies becomes popular in the market they would be greatly affected. Yes, if they would take the risk their level of living would might become higher but people now a days are not fun on taking risk. All we have to do is observe, understand and make the right choices that would change everything in positive means and prevent the negative ones that could cause devastation.
There are some reason why bitcoin is dropping it's price is due to panic selling, negative news about bitcoin. That's why some people lose thier interest in bitcoin, but it is normal because bitcoin is volatile. There will be a time to rise again the price of bitcoin.
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