Topic: some of the reasons that made the bitcoin's price down - page 4. (Read 1942 times)
I think they made a wrong move.Cryto made many millionaire and billionaires last year.Even it was expected to happen this year end.This is one of the reasons that made the bitcoin's price down .This is not only reason behind the fall.Even due to panic selling,the price price of bitcoin is reduced.
One of the reason for depreciation of price of bitcoin is Government regulations due to the fact that Government is trying to regulate crypto industry to avoid peoples fund been lost and also the fight against anti money laundering.
Hacking the exchange can also be an important factor affecting the price of Bitcoin. Recently, many exchanges have been reported to have hacked, which makes people have concerns about the security of Bitcoin.
It's all whales and manipulation, basic as that.
I think thats just one of the reasons why bitcoin price down. For me i think that the main reason is its volatility, price is rapidly changing and its unpredictable to know if its going to increase or decrease, and its normal. As we can see, bitcoin price now is dropping, so maybe in the near future bitcoin will increase again, just like last year bitcoin price. There are a lot of factors influencing bitcoin pricing. Maybe it reacts to bad news like investigated exchanges, hacked exchanges, or because investors hold large amounts of bitcoin dump it.
You are right, a lot of bad news happened with bitcoins and still getting more new bad things involving bitcoin so the price will really go down, but this is only temporary.
From my opinion, there are some peoples who deliberately dump their coins in a large amount to make market down.
It is a classic play for me. With few months, i think bitcoin price will be increasing much than this price.
It is a classic play for me. With few months, i think bitcoin price will be increasing much than this price.
There are lot of reason why bitcoin price is coming down but main reason is govt intervention that forced people to sell bitcoin at lower price.
How can you be forced to sell bitcoin cheaply? That isn't possible. You do this. The government will never recognize the cryptocurrency. They only pretend to listen to people's interests. In fact, governments are pursuing their own interests and cryptocurrencies are not among them. 
There are lots of reasons why the market value of bitcoins is going down. One of these are the external factors such as political policies like new laws and agreement.
Another thing is the demand in their services which slowly decreasing the market value when the demand falls down.
it is true your opinion bitcoin or crypto currency is unstable and is currently experiencing a decrease I think it has become a risk that we have understood from the beginning before starting with investment, I think that affects the price is also from bad news and the movement of sale and purchase of investors Another thing is the demand in their services which slowly decreasing the market value when the demand falls down.
Goldman Sachs has a chart that shows the daily volatility of Bitcoin vs. other investments such as WTI (West Texas Intermediate or oil), Gold, the S&P 500 and a few others. Bitcoin has been much more volatile than any of the other assets. This is good for traders (as long as they know what they are doing) but is mentally tough for longer-term investors. If this continues I believe it dampens demand from a wide range of investors.
There are lot of reason why bitcoin price is coming down but main reason is govt intervention that forced people to sell bitcoin at lower price.
Regarding India's decision I think it was not true
It is no longer possible to doubt, but it needs to be organized and to examine how to absorb this new trade and the huge money invested in it
Not to resort to some warning and ban .. !!
With regard to the Blockchain technology and the lack of expertise available to the market, I have read a statistic that there is a shortage in this area by 1:14 in front of every 14 jobs required there is one job available to them from running
Such a thing will cause many people to enter this area and navigate this technique.
It is no longer possible to doubt, but it needs to be organized and to examine how to absorb this new trade and the huge money invested in it
Not to resort to some warning and ban .. !!
With regard to the Blockchain technology and the lack of expertise available to the market, I have read a statistic that there is a shortage in this area by 1:14 in front of every 14 jobs required there is one job available to them from running
Such a thing will cause many people to enter this area and navigate this technique.
There are a lot of factors influencing bitcoin pricing. Maybe it reacts to bad news like investigated exchanges, hacked exchanges, or because investors hold large amounts of bitcoin dump it.
the end of this bitcoin much in the negative news. plus this week there is a hacking news exchange. add to the bad list of news. making the market increasingly unstable right now
There are a lot of factors influencing bitcoin pricing. Maybe it reacts to bad news like investigated exchanges, hacked exchanges, or because investors hold large amounts of bitcoin dump it.
The recent price down to bitcoin is that there is an exchange hacked in Korea it effected the entire market very badly including the bitcoin as well .Bitcoin is the first crypto currency started in the year 2009 and followed by lots of alt coins are there in the market.
The alt coins movements are directly or indirectly reflects to bitcoins.Though bitcoin is in its bearish movements such hacking will reflect adversely to the market and it will be resolved very shortly.Bitcoins net work system is very sound and the introduction of the block chain technology ensures its security and clarity.
The alt coins movements are directly or indirectly reflects to bitcoins.Though bitcoin is in its bearish movements such hacking will reflect adversely to the market and it will be resolved very shortly.Bitcoins net work system is very sound and the introduction of the block chain technology ensures its security and clarity.
I think the reasons would be fraud and regulation. Bitcoin has been struggling because of the two that I have mentioned.
The Reserve Bank of India has restricted controlled monetary establishments from managing in cryptocurrencies, refering to the dangers included. American very rich person Tim Draper trusts that India is committing a major error by closing its ways to cryptocurrencies. As tim Draper, this will just prompt cerebrum deplete the same number of will be compelled to move to different spots, which are more crypto-accommodating.
Japan, which is a noteworthy center point for crypto and Blockchain action is confronting deficiency of programming engineers. There are comparable necessities at different spots, where Blockchain experts are sought after. This has constrained the best MBA universities on the planet to build the nearness of virtual cash and Blockchain classes in their projects.
I think countries that are now closing it's doors to Bitcoin will soon realize that they've made a major error with their decissions it is because allowing Bitcoin or cryptocurrency in a specific country might help countrymen to achieve financial freedom and therefore ends up like there is economic improvements. As we can see Japan has been supporting Bitcoin and now they might be the world's Bitcoin capital sooner or later. Japan, which is a noteworthy center point for crypto and Blockchain action is confronting deficiency of programming engineers. There are comparable necessities at different spots, where Blockchain experts are sought after. This has constrained the best MBA universities on the planet to build the nearness of virtual cash and Blockchain classes in their projects.
among the factors that make bitcoin prices go down.
1. because of the large number of investors who buy bitcoins from small to large investors. because the price of bitcoin can effect up if bought even in small to large quantities .
2. negative issues to bitcoin.
1. because of the large number of investors who buy bitcoins from small to large investors. because the price of bitcoin can effect up if bought even in small to large quantities .
2. negative issues to bitcoin.
The major trading platform in Korea, Coinrail, was attacked not long ago by hackers. That is also part of the reason that in my opinion it has affected investor sentiment and they have dropped bitcoin prices.
The downward trend is forming in the psychology of investors and users are panic. I think the market will soon be adjusted. A 1-week cycle of leaps up to ~ 8k may be repeated.
The downward trend is forming in the psychology of investors and users are panic. I think the market will soon be adjusted. A 1-week cycle of leaps up to ~ 8k may be repeated.
Some reasons for falling bitcoin are government regulations and measures and the supply of investors makes the price of bitcoin fall down directly and indirectly on the price of bitcoins down
The Reserve Bank of India has restricted controlled monetary establishments from managing in cryptocurrencies, refering to the dangers included. American very rich person Tim Draper trusts that India is committing a major error by closing its ways to cryptocurrencies. As tim Draper, this will just prompt cerebrum deplete the same number of will be compelled to move to different spots, which are more crypto-accommodating.
Japan, which is a noteworthy center point for crypto and Blockchain action is confronting deficiency of programming engineers. There are comparable necessities at different spots, where Blockchain experts are sought after. This has constrained the best MBA universities on the planet to build the nearness of virtual cash and Blockchain classes in their projects.
Japan, which is a noteworthy center point for crypto and Blockchain action is confronting deficiency of programming engineers. There are comparable necessities at different spots, where Blockchain experts are sought after. This has constrained the best MBA universities on the planet to build the nearness of virtual cash and Blockchain classes in their projects.
Every time bitcoin price drop a lot of comments and speculation. I believed today bitcoin price drop because oof some reason. One of Korean Exchange hacked a lot of people withdraw because of panic. A lot of prominent people still against bitcoin and they have bad comment about digital currencies. The other reason is some big investor trying to drop the price and they will get more.
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