discount bitcoin has a lot of reasons. I do not know much either. But I think the bitcoin price is down due to reduced demand for bitcoin and possibly by some individuals and organizations manipulating the market price.
When you are in this cryptmart long enough, you will know bull and bear approaching basis on the overall market cap.
Topic: some of the reasons that made the bitcoin's price down - page 2. (Read 1942 times)
When Bitcoin is mooning, all of sudden you see many claimed they are professional
predicktor. When Bitcoin is bearing down, all of sudden people blamed the governments. And all the professional predicktors hide their wood into the jungle.
It always happen like this. When bitcoin is moving up everyone is giving good news and we see a lot of you tubers becoming professional predictors. On the other hand, when bitcoin is down no one is able to give the predictions and no one even says when the market will recover. predicktor. When Bitcoin is bearing down, all of sudden people blamed the governments. And all the professional predicktors hide their wood into the jungle.
I think that such bans and restrictions will not affect the price unless they come from very large countries. I think we are going to go to goodness is related to technological development.
The doubt and fear of the people which is one of the main reason why the price of bitcoin is going down. Bitcoin's price is below 10,000 USD and a lot of people are now losing hope and doubting bitcoin if it will still go back to the top and they are now in fear that bitcoin might just keep going down but they didn't know that bitcoin is just giving opportunity to other people to accumulate more before it takes off going to the top of the moon.
Security remains the biggest problem for bitcoin. The absence of a central governing body makes the crypto currency more vulnerable not only to any uncertainty, but also to attempts to hack, steal personal data and fraud. Also, the currency's reputation is undermined by its high volatility. The bitcoin rate is highly variable. Bitcoin needs to correct these two key problems in order to attract investors again.
Nobody is obliged to protect investors from their careless actions using their keys and passwords. You do not need to store all the keys on a PC that is always connected to the Internet.The reputation of Bitcoin will not be able to uphold the Central Authority, because at the same time pricing will not be fair, it's not USD or EURO.
Security remains the biggest problem for bitcoin. The absence of a central governing body makes the crypto currency more vulnerable not only to any uncertainty, but also to attempts to hack, steal personal data and fraud. Also, the currency's reputation is undermined by its high volatility. The bitcoin rate is highly variable. Bitcoin needs to correct these two key problems in order to attract investors again.
I think the main reason that bitcoin going down its because many investors back out and there are so many whales..
For me the reason why bitcoin down because of the negative issues about bitcoin so that people dont have a trust on bitcoin and others investors will not buy or invest on bitcoin.i think that is the reason why bitcoin down the price on the market.
There might be several reasons which can impact the price of Bitcoin such as regulation threats from government bodies, any negative statement about crypto currencies by influential persons, hacking attacks, insecurities among traders about their funds and many more.
I think the main reason that bitcoin going down its because many investors back out and there are so many whales..
if I have 3 reasons that make bitcoin prices down until now.
1. for the feast of Eid al-Fitr among the Muslims of the world.
2. school holidays as well as many people who will sell their assets for admission to school.3. because there are big investors who sell their assets with a large amount.
1. for the feast of Eid al-Fitr among the Muslims of the world.
2. school holidays as well as many people who will sell their assets for admission to school.3. because there are big investors who sell their assets with a large amount.
I think there two reason why bitcoin fall. One is the unpatience people. People want a rush profit but they didnt not see if they hold long you will get much than he get now. Second is panic selling everytime that bitcoin fall price people will panic and they sell everything just to avoid the red market. They didnt knew tat they causing dump.
closing Bitcoin Exchange due to hacker attacks, there are legal issues or other issues that will make market confidence declining.the same time trading falas, will make market turmoil if there is a problem can decrease the amount and decline in exchange value.
Someone keeps saying that bitcoin was hacked, that someone is responsible about the tradings happening and the amount of volume of bitcoin. But might the main reason is the government releasing bad news abiut bitcoin.
bitcoin hacked actually really can affect for the price, not because the amount of the coins get hacked, but it will affect on trader's mental. if they don't believe on exchanger and withdraw all their asset, bitcoin dan down too fast
At the moment, there is a downtrend. And how long it takes, nobody knows. Let's hope for a quick recovery of the Crypto-currency
"some of the reasons that made the bitcoin's price down"
Because is doesn't work since SegWit.
Because is doesn't work since SegWit.
Someone keeps saying that bitcoin was hacked, that someone is responsible about the tradings happening and the amount of volume of bitcoin. But might the main reason is the government releasing bad news abiut bitcoin.
I think it is the demand which have been decreased.
It is affected due to not regularizaton of Bitcoin in many countries.
It is affected due to not regularizaton of Bitcoin in many countries.
Indeed with the decline in exchange rates that have not subsided makes the majority of investors to be in doubt when wanting to invest in various ico so that conditions like this that should be in the immediate attention to create an opportunity for bitcoin to continue to show a high quality in the future.
When the demand falls, the market is sold out, Bitcoin prices will fall, bitcoin drops because the exchange traded near the higher supply will be something, the price is lower than the price, if other conditions In general, nothing changes, closing bitcoin exploits them
In my opinion, many things that make this bitcoin price down. As my friends have already revealed on the previous comment. I just want to add a little reason about the decline of this bitcoin. Not everyone loves bitcoin, many others hate bitcoin. Many of them want to destroy bitcoin so they make a negative issue that drops the bitcoin. If bitcoin falls then public confidence in bitcoin will decrease. This makes the bitcoin players less. If bitcoin players are reduced then the once stable price becomes volatile as supply and demand become unbalanced. That's a bit of an analysis from me.
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