I think the real reason may not be because of the two, as is known to all, the influence of national policy for the bitcoin is huge, so the next G20 meeting of unstable policy is the real cause of the bitcoin down.
I agree, everybody is waiting G20 decisions. 
Topic: Reasons why bitcoin is falling Down! (Read 381 times)
From the beginning of 2018, Bitcoin, as well as the entire cryptocurrencies market, has faced a lot of negative news from the governments of the states issuing a ban on cryptocurrencies. That makes investors worried about the future of cryptos, which led to panic selling, steady decline in Bitcoin as well as altcoins rates. Google and Facebook also announced they would ban ICO-related ads and cryptocurrencies on their social networks.
why market is falling down again is there any bad news about crypto market. Really want to see bitcoin above 20K. hope it will reach 20K soon
I think the reasons can be different from the fact that we are not particularly active in buying bitcoin before the momentum that the system was hacked and the prices decreased.
I think the biggest reason is that rumors circulating around the G20 that bitcoin could be blocked around the world with established alliances. I suspect that is why mtGox has released a very large volume of bitcoin. That is the real downfall.
facebook, google not support for bitcoin ads is also a minus point for investor psychology. It is a consequence of panic.
facebook, google not support for bitcoin ads is also a minus point for investor psychology. It is a consequence of panic.
The reason of bitcoin fall lately was because the regulations issue about bitcoins.
but for now, i think everything is okay. Bitcoin price slowly increasing until now.
but for now, i think everything is okay. Bitcoin price slowly increasing until now.
We have noticed that the value of bitcoin is depreciating this few weeks and over 60 billion dollars have been wiped out in the value of cryptocurrency due the slide of bitcoins value. So what are the possible factors that contributed to the downfall of bitcoins value recently, here are some reasons according to this article; https://www.cnbc.com/2018/03/15/bitcoin-price-over-60-billion-wiped-off-value-of-cryptocurrencies.html
1. Google's announcement of banning cryptocurrency related ads
2. Large selling of BTC by MT. Gox
I actually agree to the article that these two are the main culprit on the downfall of bitcoins value. Let us wait and see if bitcoin can overcome such hurdles this coming months.
1. Google's announcement of banning cryptocurrency related ads
2. Large selling of BTC by MT. Gox
I actually agree to the article that these two are the main culprit on the downfall of bitcoins value. Let us wait and see if bitcoin can overcome such hurdles this coming months.
As I know several companies have already brought in an action against google and they are protesting their financial development rights.For me its true that there are a lot of ponzi schemes and pyramids but people mustn't make decisions without knowledge and researches.They know that there are a big risk in every business,especially here... Anyway, may this case has a future and court's decision may be good for investors and for people who are looking at new projects.
as for MT.Gox its fact that they have sold a huge amount,despite the fact we will see bitcoin rise again its not a catastrophe..
I think it was because of G-20 summit held at germany. And the news comes from g-20 is positive so market is rising again. so buy bitcoin now before its too late..
The price of bitcoins is determined by supply and demand. When the demand for bitcoins increases, so does the price, and when demand falls, the price falls. In circulation there is a limited number of bitcoins, and new bitcoins are created with a predictable and constantly decreasing rate, which means that demand must follow this inflation rate so that the price is stable. Since Bitcoin is still a relatively small market, compared to what it can become, it does not take large sums of money to move the price in the market up or down, and therefore the price of bitcoins is still very volatile.
We have noticed that the value of bitcoin is depreciating this few weeks and over 60 billion dollars have been wiped out in the value of cryptocurrency due the slide of bitcoins value. So what are the possible factors that contributed to the downfall of bitcoins value recently, here are some reasons according to this article; https://www.cnbc.com/2018/03/15/bitcoin-price-over-60-billion-wiped-off-value-of-cryptocurrencies.html
1. Google's announcement of banning cryptocurrency related ads
2. Large selling of BTC by MT. Gox
I actually agree to the article that these two are the main culprit on the downfall of bitcoins value. Let us wait and see if bitcoin can overcome such hurdles this coming months.
1. Google's announcement of banning cryptocurrency related ads
2. Large selling of BTC by MT. Gox
I actually agree to the article that these two are the main culprit on the downfall of bitcoins value. Let us wait and see if bitcoin can overcome such hurdles this coming months.
Certainly the points that you've cited surely affects bitcoin, but it is not something that is detrimental to bitcoin since it is already strongly founded in the economy. bitcoin sinks because it is being used in trade business to which values flow and is affected by so many factors weigh in such pump of tokens derived from it, its utility and such..
We have noticed that the value of bitcoin is depreciating this few weeks and over 60 billion dollars have been wiped out in the value of cryptocurrency due the slide of bitcoins value. So what are the possible factors that contributed to the downfall of bitcoins value recently, here are some reasons according to this article; https://www.cnbc.com/2018/03/15/bitcoin-price-over-60-billion-wiped-off-value-of-cryptocurrencies.html
1. Google's announcement of banning cryptocurrency related ads
2. Large selling of BTC by MT. Gox
I actually agree to the article that these two are the main culprit on the downfall of bitcoins value. Let us wait and see if bitcoin can overcome such hurdles this coming months.
yes, now we feel the shock in the crypto world after the news spreads in the media, and the shock will be even greater when google implements its plan to ban crypto ads in the month of June.1. Google's announcement of banning cryptocurrency related ads
2. Large selling of BTC by MT. Gox
I actually agree to the article that these two are the main culprit on the downfall of bitcoins value. Let us wait and see if bitcoin can overcome such hurdles this coming months.
besides that, there another factor that makes the bitcoin price drops is the sale of bitcoin that is done Kobayashi as much as $ 300,000,000.
I think bitcoin price is falling is because of the demand of bitcoin is low and google is banning some crypto.
i think reason bitcoin is falling down is social network is banned all link from cryptoccurency
We have noticed that the value of bitcoin is depreciating this few weeks and over 60 billion dollars have been wiped out in the value of cryptocurrency due the slide of bitcoins value. So what are the possible factors that contributed to the downfall of bitcoins value recently, here are some reasons according to this article; https://www.cnbc.com/2018/03/15/bitcoin-price-over-60-billion-wiped-off-value-of-cryptocurrencies.html
1. Google's announcement of banning cryptocurrency related ads
2. Large selling of BTC by MT. Gox
I actually agree to the article that these two are the main culprit on the downfall of bitcoins value. Let us wait and see if bitcoin can overcome such hurdles this coming months.
1. Google's announcement of banning cryptocurrency related ads
2. Large selling of BTC by MT. Gox
I actually agree to the article that these two are the main culprit on the downfall of bitcoins value. Let us wait and see if bitcoin can overcome such hurdles this coming months.
Oh come google, google google, how many more times people are going to take this name and to be honest it is getting irritating. They have no involvement in the crypto currency or its presence in this world. Google is just another platform for the purpose of getting the customers on board or reaching out the targeted crowd and stuff like that. Just because they are not going to handle crypto advertisement further doesn't mean that crypto lovers has taken there foot out of the crypot world.
Are you leaving the crypto currency because google banned idea of advertising it? Are you not using it anymore? I think no, you are not following any of it and none of us. So I dont think there is any effect of that on us or on the crypto itself.
1. Google's announcement of banning cryptocurrency related ads
We can thank shitcoins for that - an overwhelming amount of new ICO is the main culprit here. To be honest, I don't remember if I've seen the only Bitcoin-related ads - mostly it was about investing in some dubious new coin and get rich with no effort kinda stuff.
I won't be missing these ads at all - it's not a big deal and as usual people are overreacting greatly, while there is really nothing to worry about.
I think many people sell btc so btc falling down
There are many reasons for dip in Bitcoin price and not only the two things you mentioned like Google banning crypto ads and Mr.X wiped out huge Bitcoin into fiat. You can see the trend of Bitcoin now that all of these news which created negativity but Bitcoin price started to rise from yesterday, current price is trending around $9100 and by month end I think the price may go up to $10000.
I think the bad news about Bitcoin is that people are bewildered, or that some people have pulled out Bitcoins in huge numbers from trading platforms.
Hi,
I would say that these two reasons... may explain part of the situation. But not completely.
Bitcoin is linked to many factors. It is hard (not to say impossible) to say what weights more or less.
As for the reasons you give, I'd say that actually they are rather secondary
I would say that these two reasons... may explain part of the situation. But not completely.
Bitcoin is linked to many factors. It is hard (not to say impossible) to say what weights more or less.
As for the reasons you give, I'd say that actually they are rather secondary
That is the way sharks collect, and this bitcoin is suffering bad news, google, fb or other countries are also difficult to bitcoin.
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