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Topic: Reasons why bitcoin is falling Down! - page 2. (Read 381 times)

hero member
Activity: 2576
Merit: 585
Leading Crypto Sports Betting & Casino Platform
March 21, 2018, 06:24:03 AM
#30
Quote
1. People just sell. It's not about FUD, it's not about conspiracies. It's just that people just happen to sell all at the same time because they need money for things in real life. Bitcoin isn't in some ideal world. Bitcoin investors aren't just in BTC, they're in the stock markets too. When the stocks do poorly, they have to sell BTC to make ends meet. Also, it's March, things are getting warmer, people want some fun money. Spring is a team of renewal, growth, love, etc.. For any number of reasons, people are selling en masse.
unless you think people are investing their rent in bitcoin, this reason is dumbest thing to sell. for example people don't invest the money they need to buy groceries, pay the bills, ... in something, specially bitcoin. and investment is not something you liquidate to pay for things in real life unless it is an emergency!
and when other markets like stocks are performing poorly they are going to sell their stocks not to sell other things to make up for their stocks profit loss!


Yeah, if you are smart and follow the rules this is the case. But in reality, terrifying majority of people use money they need every day, or even take loans to buy crypto, counting on quick money. A lot of them, who bought bitcoin in December/January, are now selling to cut their losses.
Panic selling is one of the major reason which is resulting in this much downfall in the market value of all the crypto coins including bitcoin. Not all the investors are this much patient that they can control their emotions and that most of them fail to keep their control over their emotions when they see the market price dropping down. Other than this, the decrease in the demand of the bitcoin is also resulting in downfall of the market value of the bitcoin.
member
Activity: 350
Merit: 30
March 18, 2018, 08:30:48 AM
#29
It's because of Google banning all the ICO ads on their platform, that's why we can see the massive price down of bitcoin. Don't worry Bitcoin was used to massive price changes, it will recover to its current value.
newbie
Activity: 112
Merit: 0
March 18, 2018, 08:15:27 AM
#28
I dont know the the specific reason for btc price down . but now a days so many bad news and fraud news in social media against btc and crypto world. on tthe other hand two giant company fb and google also banned  cryptpo promotion and add i think thats why may be some price drops. i hope this situation will be over and market come back asap.
hero member
Activity: 1470
Merit: 655
March 18, 2018, 08:14:56 AM
#27
but I'm more convinced that bitcoin prices go down because Google forbids ads that smell cryiptocurrency .

but that is the least relevant news among all the FUD news that is flying around. and on top if it, this advertisement ban by google is actually a very good thing!
in the past if you have searched for any thing cryptocurrency-related you could have seen all these ads on top of search results or on google ads banners on websites which were mostly scams. like 90% of them were linking to a scam ICO or a malware wallet lookalike!
i think eventually google got tired of reports of inappropriate crypto-related ads and banned them all at once.
sr. member
Activity: 459
Merit: 251
March 18, 2018, 07:36:35 AM
#26
It is true that FUDs affect the price of bitcoin as it cause people to panic and sell but also at this point I think the cause of the bitcoin price going down could be attributed to many things. I'm also thinking that it could just be normal market movements since the last bull market was so high so it's only normal that the price is at the place which it is now.
member
Activity: 84
Merit: 10
March 18, 2018, 05:22:45 AM
#25
I think the main reason for Bitcoin's decline in price is the recent hack of the Binance Exchange.
newbie
Activity: 105
Merit: 0
March 18, 2018, 05:06:17 AM
#24
some day ago i think google ban ads is reason
sud
sr. member
Activity: 826
Merit: 301
March 18, 2018, 05:01:56 AM
#23
Quote
1. People just sell. It's not about FUD, it's not about conspiracies. It's just that people just happen to sell all at the same time because they need money for things in real life. Bitcoin isn't in some ideal world. Bitcoin investors aren't just in BTC, they're in the stock markets too. When the stocks do poorly, they have to sell BTC to make ends meet. Also, it's March, things are getting warmer, people want some fun money. Spring is a team of renewal, growth, love, etc.. For any number of reasons, people are selling en masse.
unless you think people are investing their rent in bitcoin, this reason is dumbest thing to sell. for example people don't invest the money they need to buy groceries, pay the bills, ... in something, specially bitcoin. and investment is not something you liquidate to pay for things in real life unless it is an emergency!
and when other markets like stocks are performing poorly they are going to sell their stocks not to sell other things to make up for their stocks profit loss!


Yeah, if you are smart and follow the rules this is the case. But in reality, terrifying majority of people use money they need every day, or even take loans to buy crypto, counting on quick money. A lot of them, who bought bitcoin in December/January, are now selling to cut their losses.
newbie
Activity: 28
Merit: 0
March 18, 2018, 04:51:43 AM
#22
низкaя пoпyляpнocть биткoинa.
copper member
Activity: 336
Merit: 0
March 18, 2018, 04:51:04 AM
#21
The reason for falling down the price,I think the ads  of Google regarding banning of crypto currency.due to fear people start selling .by I thought Bitcoin definitely will overcome from this very soon.
member
Activity: 518
Merit: 14
March 18, 2018, 04:34:41 AM
#20
among the causes of falling bitcoin prices
I personally still confused because a lot of news circulating but all the right that which I also do not know.

some say the Korean government prohibits or limits cryiptocurrency transactions to its people.

others say Google forbids ads that smell cryiptocurrency.

because there's a big mafia playing, selling all the bitcoins they've earned from the bitcoin scam website they had made last year, and also the falling XPY price is now also the cause of bitcoin down

but I'm more convinced that bitcoin prices go down because Google forbids ads that smell cryiptocurrency .
member
Activity: 168
Merit: 15
March 18, 2018, 04:30:43 AM
#19
Some analysts explained the decline in the price of the crypto currency due to ICO hearings, in which US officials and government officials participated. In which several representatives, including the representative of the 12th Congress of the US Congress Caroline Maloney, said that the crypto-currency market is a bubble.
jr. member
Activity: 93
Merit: 2
March 18, 2018, 04:16:26 AM
#18
For me I think the reason why bitcoin is falling down is because it has low demand today and I think the banning of cryptocurrency ads in google and facebook affects it too.
full member
Activity: 434
Merit: 101
March 18, 2018, 04:13:10 AM
#17
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.
I guess that is pretty normal to the market after reaching a high mark which is $20000 and yes Google's announcement on their decision really affects the price of bitcoin but also us really affects the market price the consumers, users and most probably the whales and institutional investments. Also FUD's, those weak minds really is.
newbie
Activity: 154
Merit: 0
March 18, 2018, 04:04:04 AM
#16
Maybe the reason of bitcoin's falling is some people dump bitcoin in a large number so the market is affected.
full member
Activity: 420
Merit: 100
March 18, 2018, 03:59:38 AM
#15
maybe the reason why bitcoin is falling down some big whales sell their bitcoin now and the demand of bitcoin is very low thats why it rapidly decrease now. for me this is always happening but when those bigwhales buy more bitcoin again the price will increase.
legendary
Activity: 3458
Merit: 1960
Leading Crypto Sports Betting & Casino Platform
March 18, 2018, 03:59:25 AM
#14
I am not really sold on the idea that the cut in advertising for scam ICOs and fraudulent Crypto projects, can have such a profound impact on the price. This might have been one of the triggers, but it is not the main reason for some of the dumping.

I think a lot of people invested last year when the price was high and they used debt to fund that. They now have to pay back the debt and it is getting difficult 3 to 4 months down the line. When the price drop like this, they start to panic and then they cut their losses.
member
Activity: 504
Merit: 10
March 18, 2018, 03:57:05 AM
#13
I think it's normal for a bitcoin to price too much because it also needs it.
In order to balance the balance, especially to investors the traders may not always have to increase the price of bitcoin because all the people will earn when the price rises forever.
legendary
Activity: 1946
Merit: 1137
March 18, 2018, 03:56:36 AM
#12
I'm starting to see this trend where people attribute Bitcoin price drops with FUD. But the FUD happening right now is weak in so many ways.
it is a common mistake to think FUD is the reason for the drop. the correct statement is that FUD increased the size of the drop, so you can say it is also happening because of FUD.
in fact this is a pretty funny mistake that some people make, where they try spreading FUD alone and think if they do it, price will fall but we just laugh at them.

what really happens is that the dump is initiated on exchanges and at the same time FUD is being spread to create panic and change the mentality of the investors. in other words to give them more reason to want to sell out of fear. this may simply be out of fear that the news (eg. ban) can cause something terrible with bitcoin or it  can simply be because they speculate price will fall because of that news and since they also see the fall itself they act on it too.

Quote
1. People just sell. It's not about FUD, it's not about conspiracies. It's just that people just happen to sell all at the same time because they need money for things in real life. Bitcoin isn't in some ideal world. Bitcoin investors aren't just in BTC, they're in the stock markets too. When the stocks do poorly, they have to sell BTC to make ends meet. Also, it's March, things are getting warmer, people want some fun money. Spring is a team of renewal, growth, love, etc.. For any number of reasons, people are selling en masse.
unless you think people are investing their rent in bitcoin, this reason is dumbest thing to sell. for example people don't invest the money they need to buy groceries, pay the bills, ... in something, specially bitcoin. and investment is not something you liquidate to pay for things in real life unless it is an emergency!
and when other markets like stocks are performing poorly they are going to sell their stocks not to sell other things to make up for their stocks profit loss!

Quote
2. The volume or price performance looks glum. Experienced investors look at volume paterns and price performance. They treat bitcoin like a stock, so when stuff looks bad for a long stretch, they just sell to move on. I feel like the January – March drop scared away the new investors who don't know that things will pick up again. They probably decided to be over it.
the volume is still pretty high actually. and those who wanted to go away, have already gone away back when price fell below $10k for the first time.
jr. member
Activity: 119
Merit: 1
March 18, 2018, 03:51:27 AM
#11
Too many bad news!
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