Reasons Why Bitcoin Price Drops - page 13.

Gameroid

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Quote from: Frank0209 on October 22, 2017, 02:10:29 PM

It's normal thing happening every hour in the coin market

). Dump and Pump the price of any cryptocurrency is the main way to make profit of trader, buy in low then sell in high. You should know this one. Almost people just want Bitcoin price increase all the time but if this thing happen I think there are no profit left for trader cause when Bitcoin price only increase it'll make almost other altcoins price dumped Cheesy

And specially if we talk about bitcoin it is very normal for bitcoin, Actually bitcoin is a new emerging currency and people are continuously increase because people all the time entering in the world of bitcoin and so the demand of bitcoin is increasing. some time when there is any bad new about bitcoin like in previous days when China bane ICOs it effect the price of bitcoin and so we saw some dump. But after some time people give support to bitcoin and again the price recover. So we can expect ups and down in the price of bitcoin.

Mmizan0909

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Quote from: M05J on October 19, 2017, 09:06:33 AM

I would like to know your opinion on what factors cause the value of Bitcoin to drop. A brief explanation helps.

menurut pendapat saya,naik turunnya nilai tukar bitcoin itu ada beberapa faktor.yang pertama faktor isu yang di sebab kan oleh pihak tertentu yang mempunyai peranan penting dalam bitcoin , yang kedua tindakan takking profit dari pihak traders,yang ketika kebijakan yang di ambil oleh negata yang turut ambil andil dalam bitcoint.

Frank0209

sr. member

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It's normal thing happening every hour in the coin market

). Dump and Pump the price of any cryptocurrency is the main way to make profit of trader, buy in low then sell in high. You should know this one. Almost people just want Bitcoin price increase all the time but if this thing happen I think there are no profit left for trader cause when Bitcoin price only increase it'll make almost other altcoins price dumped Cheesy

SixOfFive

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Activity: 630

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Basic reason for BTC price change is the demand-supply mechanism. If Demand is low, and a seller like to sell a commodity then he will sell at the rate that buyer want. This will drop the price of a commodity. This law also apply on BTC. Some other factors also play a major role in determining BTC pricing like govt. intervention, Altcoin performance etc.

Dudeperfect

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It simply follows the law of demand and supply and the reason is an increase in supply, fall in demand or both can cause the fall in the price of Bitcoin.

As of now, there are two main reasons (there are many) for increase in supply, those are as follows,

* Panic selling - Most of the newbies sell their holdings just because the next guy is selling and to it creates a domino effect on the market which means the demand remains constant and supply increases.

* Correction - When there is an excessive rise in the price in comparatively short time span then in such conditions, the correction takes place. Traders who bought at lower levels start selling their holdings to book profits.

lazer1064

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Periodic price rollbacks that occur after attaining psychologically significant marks at 5 000 USD, 6 000 USD in recent times - this, of course, is selling bitcoin whales, holders of large batches of bitcoin, maybe Satoshi Nakamoto himself. If they start selling their bitcoin a lot, then the price will fall dramatically, so they sell a little, not to bring down the price, and do it when certain record values are reached. Trading robots are also tuned to such a strategy. The recent price drop in September after the ban in China - this, of course, was a panic, this is a different situation.

longpro098

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due to rumors or supposing rumors spread that China is on the verge of causing panic. Investors who sell their bitcoins because they are afraid of bitcoin will increasingly fall

Zacharyce

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Bitcoin prices are always on the upward trend and there is definitely no downside since everyone wants to use Bitcoin in their daily lives and limit their cash on the road. I think the Bitcoin price may reach $ 10,000 this year

syamster

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Quote from: hildacitra on October 20, 2017, 05:22:35 PM

some issues or bad news about bitcoin can influence the price of bitcoin. For example, recently the news of China's potential exchange banned has likely spooked the investors. In addition, Jp morgan chase CEO slammed bitcoin as a fraud. These isues, however, extremely affects the market of bitcoin. people will be lack of trust in bitcoin.

Well it’s true the price is not drop that much as you are saying because what I believe the price of any currency can low and high in currency exchange because its related with trade and it’s a part of market exchange so its normal and no need make panic bitcoin has a good quality that it can change his price in a week so the price will go high.

grermezter

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Quote from: M05J on October 19, 2017, 09:06:33 AM

I would like to know your opinion on what factors cause the value of Bitcoin to drop. A brief explanation helps.

The most likely reason for the drop in the price of bitcoins is mainly attributed to a lot of major investors cashing out their bitcoins and mainly those cashing out are due to rumors or let's say for instance the rumor that went around saying that China was on the verge of banning bitcoins, this caused a lot of panic and had many investors selling their bitcoins because they were afraid it was going to drop and that made it even dropped more than it was previously anticipated.

pugman

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dogs are cute.

Quote from: M05J on October 19, 2017, 09:06:33 AM

I would like to know your opinion on what factors cause the value of Bitcoin to drop. A brief explanation helps.

The reason why it drops usually is because of panic selling happening in exchanges because of some rumors or lame stories made up by people which makes idiots to believe fully what they say and they lose their "trust" in bitcoin, so they claim. And the markets get filled up with sell orders and some investors buy at cheap prices 😉.

kenkoy

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There are certain factors affecting the Bitcoin price value to drop. Global issues relating to Bitcoin, Trading Bitcoin thru law and supply. Holding Bitcoins definitely affects BTC value as there will be limited supply of BTC. FUD, these may be spread by Notable persons in the world. Example is Jamie Dimon, Mark CUban, Warren Buffet. These people release statement, BTC drops.

Gaaara

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For it its how bitcoin community reacts over an issues, for those who panic sell a lot they should be wary about what they do since they are mostly responsible for bitcoins value. There are lots of reason why bitcoin goes down but sometimes it has good effects after because almost all traders wait for bitcoin to go down then buy a massive amount.

YuginKadoya

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Quote from: Sylviee on October 21, 2017, 02:56:21 AM

The prices drops usually due to news and FUD that causes people to withdrawing out from bitcoin. Other than that it may also be due to correction of prices and fluctuation in bitcoin is very common.

That is just 1 reason why the price are droping instantly because of some well known people that only wants to keep bitcoin at bay, so they can attain their desire buying bitcoin while the price drop.

Quote from: mr_enoc on October 21, 2017, 03:00:32 AM

The news and videos that we watched in the social media are some reasons for the price increase or decrease of BTC.

I don't know but main stream media sometime had some role in providing the drop of bitcoin because of this some people that still doesn't have any idea with this kind of platfom would sure believe what the media would try to say to them,

Quote from: saira0j on October 21, 2017, 03:05:59 AM

The Bitcoin price is experiencing an unexpected market correction once again. As a result, the Bitcoin price is now down and it is possible the value will keep moving lower going forward. There is no real reason for this sudden bearish attitude whatsoever, as it seems market manipulation is in full effect once again.
We are looking for someone who can help us to manage our bitcointalk announcement page.If you are interested you can contact us in our telegram handle @BoonTech.

What are you saying the price is at good condition right now we can see that we had reach the $6000 mark amount a new all time high right now and I think expect there would be many investor that will sure go with bitcoin, and the media would sure question many market analysis on what will be the move of bitcoin for the coming future.

redhondaxrm125

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Quote from: M05J on October 19, 2017, 09:06:33 AM

I would like to know your opinion on what factors cause the value of Bitcoin to drop. A brief explanation helps.

There can be a lot of things responsible for the price drops on bitcoins.
One is the number of people who have very weak hearts that panick so easily and make irrational decisions and sell all of their bitcoin possessions just because of a small price drop.
Another may be because of big names spreading false news regarding bitcoins and the crypto world as a whole. Some of these people are just jealous or wamts the price to go down so they can get cheaper bitcoins. And lastly, some bitcoin owners may just wamt to take profit for peersonal needs amd emergencies. Which is natural whemever the price rises big time.
Those are the reasons i know.

saira0j

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The Bitcoin price is experiencing an unexpected market correction once again. As a result, the Bitcoin price is now down and it is possible the value will keep moving lower going forward. There is no real reason for this sudden bearish attitude whatsoever, as it seems market manipulation is in full effect once again.
We are looking for someone who can help us to manage our bitcointalk announcement page.If you are interested you can contact us in our telegram handle @BoonTech.

mr_enoc

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The news and videos that we watched in the social media are some reasons for the price increase or decrease of BTC.

Sylviee

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The prices drops usually due to news and FUD that causes people to withdrawing out from bitcoin. Other than that it may also be due to correction of prices and fluctuation in bitcoin is very common.

sapnu

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Quote from: M05J on October 19, 2017, 09:06:33 AM

I would like to know your opinion on what factors cause the value of Bitcoin to drop. A brief explanation helps.

The factors that affects its value is the demand that it is getting in the market. It is the same with a normal product in the market in relation with the supply and demand. So whenever that factor changes, Bitcoin's market value is falling. And as of this moment, its value is continuously rising so it means that the demand is high.

wellsontheja

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There's some reason for bitcoin price to going down usually it's because people sell bitcoin in high value or if an country ban bitcoin it'll make people panic and sell their assets.

Topic: Reasons Why Bitcoin Price Drops - page 13. (Read 5346 times)