Topic: Reasons Why Bitcoin Price Drops - page 14. (Read 5346 times)
Bitcoin price drops were the common thing that happens with time. Here the price doesn't drop, but it fluctuates and moves forward. If the growth chart of bitcoin is studied, can understand the variation happening with time. And very rarely the price drop happens in unexpected time.
Simple economic rules can change the price of bitcoin.Mainly we know 2 economic tool that has been base of price change: Supply and demand. Supply icnreases and sellers are looking for higher prices to sell expensive bitcoin. It is not rocket science 
Good point, and an additional point to consider; bitcoin is the reserve currency of the entire economy. When people leave alts, they usually go into BTC or ETH before they go into another alt (as this is the majority of order book pairings). So when alts dip in unison, it is because that capital fled into bitcoin as a safe haven/base. The inverse is also true; when alts surge, bitcoin tends to recede if we arent in major news or a recovering market(which has been more oft than not lately)
Simple economic rules can change the price of bitcoin.Mainly we know 2 economic tool that has been base of price change: Supply and demand. Supply icnreases and sellers are looking for higher prices to sell expensive bitcoin. It is not rocket science
the cause of the reduced price: according to economic rules supply> demand ; sell > buy : then prices will drop because of the amount of purchase does not meet. causes of this condition: traders sell target profit, affected by rumor example: ban ICO bitcoin exchanger in China, the fork, the ban of the Government...
I would like to know your opinion on what factors cause the value of Bitcoin to drop. A brief explanation helps.
Bitcoin is determined through what we called demand and supply.
Demand is number of investors bidding for one bitcoin every minute/every time. It is like a consumers when we go on public markets.
Supply is the numbers of reamaning bitcoin on the market that is being sold through bidding. It is also based on the mined bitcoin. And the holding of bitcoin will eventually affect this.
When the demand is high and have low supply the price will increases but if the demand is low and the supply is high Bitcoin price will dropped. telling factors: when huge amount of bitcoin is been sold at the same time.
in my opinion the price of bitcoin down can be influenced politically by developed countries, such as China. If the politics there are turbulent, then it could be bitcoin will decrease drastically ...!
One of the reasons is banning bitcoins (ICO and exchange rates) in other country like china. The contributions and cycle of the currency might be affected because of its contributors. It will lessen the bitcoin holders and bitcoin value drops. That's why Bitcoin is clearly volatile its value will just go up and down ( it shows in he graphs). The higher demand of bitcoin, the lower supply.
Profit-takings, geopolotical events, hardforks, hacking of large and well known exchanges, some turmoils in financial world and the moves of government that doesn't allow cryptocurrency in their country can cause bitcoin price drops. Some big cryptomarket sell off can also cause sharp decline for bitcoin price like the one that happened last september which concerns over bitcoin's technical roadmap.
Too many traders involved, for a lot of people it seems to be about fiat profits, so on big rises they'll take those profits. In turn creating big swings.
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.
When the bitcon fork is over, people will go back to altcoins. BTC prices will drop as a result and panic selling will start to kick off
I don't think that the price after the hard fork of the 25th october will drop like you said. As we see now bitcoin have a very good potential, according to preev now 1 BTC= 6040$, which it's a very good price and the peak of price is made today, so even the bitcoin will drop, It will be around in 5500$ and no less than 5000$.A lot of instances why bitcoin price drop the big impact is when there is a country who declares banned of ICO and exchange of rate. Because it can cause a lot of drop of coin to many users making panic. Plus a lot of fake news will come out and speculations makes struggles to the investor to withdraw or hold there coins.
When the bitcon fork is over, people will go back to altcoins. BTC prices will drop as a result and panic selling will start to kick off
I don't think that the price after the hard fork of the 25th october will drop like you said. As we see now bitcoin have a very good potential, according to preev now 1 BTC= 6040$, which it's a very good price and the peak of price is made today, so even the bitcoin will drop, It will be around in 5500$ and no less than 5000$.
When the bitcon fork is over, people will go back to altcoins. BTC prices will drop as a result and panic selling will start to kick off
The main reason right now I would say is regulation unpredictable moves from regulators accross the world. Then this question will be set (expect - 2-3 years) definitely volatility in price will be less
Well I don’t think so that the price will be low for three to four years bitcoin price can be changed in a week because it’s a part of market exchange some time it will drop and some time it will be high so no need to worries about it last year also when the year come to end so the price was down and then in weeks of the year the price go high so this time again the price will high.
The decrease of bitcoin price is caused by the little bit of Bitcoin stock in the network. As economic law, less goods, then the price of goods will rise, but if the amount of goods available enough, then the price will decrease. This also applies to bitcoin prices.
when most people sell bitcoin in large amount at the same time . It causes price of bitcoin going down .
That is probably what happened due to the fast rise, people took their profit, simple as that.Price was around 4K a month ago, now it is 5k6 with a peak at 5k9, what "drop" are people talking about exactly?
This is not a drop but a correction, going from 5k9 to 5k6 is perfect normal, especially with cryptos.
ANything from profit taking - somebody bought at a lower price and want to lock in profit. To fear hitting the market, or people finding what they believe to be better investment opportunities so there are more sellers than buyers on some days.
when most people sell bitcoin in large amount at the same time . It causes price of bitcoin going down .
The very basic reason of a drop in the price of Bitcoin is surely the demand and supply. When the demand gets high, the price gets higher, and when it gets low, the price drops to an extent. And, these things mostly happen because of all what other people have already mentioned; panic sell.
There are people who spread fake news about Bitcoin, and the people being new in Bitcoin believe they are true and start selling out what they have, so it decreases the price of Bitcoin as it can be considered as a decrement in demand.
There are people who spread fake news about Bitcoin, and the people being new in Bitcoin believe they are true and start selling out what they have, so it decreases the price of Bitcoin as it can be considered as a decrement in demand.
I would like to know your opinion on what factors cause the value of Bitcoin to drop. A brief explanation helps.
Its really simple if you understand the basics, bitcoin operates on the rules of demand and supply, the more the demand the higher the price and the lesser the demand the lower the price since bitcoin is going short in supply, now when the Chinese guys placed a ban on exchanges of bitcoin in the country, the price probably dropped because there were a lot of big investors who pulled out of the market, but trust bitcoin to always come back bigger and better.
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