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Topic: some of the reasons that made the bitcoin's price down - page 6. (Read 1955 times)

newbie
Activity: 101
Merit: 0
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 It is just a crisis, keep calm. I believe the market demand will rise soon. we will see.
hero member
Activity: 826
Merit: 518
The price of bitcoin decreases because:
There are many negative information about bitcoin on the media
many bitcoins were sold
There is some information that the US will ban bitcoin.
I don't hesr any news like US will ban bitcoins,can you please provide some link then I can read what is the actual condition or status of US on bitcoin.
But there is akways negative news about bitcoin but now some of the exchanges were hacked in Japan which is the most popular country for crypto which naybe the reason for panic selling.
member
Activity: 224
Merit: 11
The Causes of Lower Bitcoin Prices
A report on the US Securities and Exchange Commission (SEC) investigating the Bitcoin and other cryptocurrency exchanges was the cause of Bitcoin's falling price on 28 February.
As part of the investigation, the SEC has issued "dozens of court calls" to obtain information from technology companies and advisers regarding this digital currency market.
The commission investigates the structure of an initial coin offering (ICO) that is not required to follow strict public offering regulations.
newbie
Activity: 101
Merit: 0
Main reason of down the price of Bitcoin is many negative information on media. Also many countries banned bitcoin in there country.
member
Activity: 171
Merit: 10
Streamity Decentralized cryptocurrency exchange
The price of bitcoin decreases because:
There are many negative information about bitcoin on the media
many bitcoins were sold
There is some information that the US will ban bitcoin.
member
Activity: 168
Merit: 10
Big whales and media plays significant factor of up and down of bitcoin, This is my observation since when i started joining signature ad and daily trading, Just like my first experienced when China banned bitcoin, It significantly drops down but afterwards it recovers:)
sr. member
Activity: 536
Merit: 250
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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 the reason that make the bitcoin's prices down is the demand is low. If the market demand is go up, the price also goes up too.

I think its definitely right that one of the reasons why bitcoin's price is low  is the demand and its supply. Its clearly explained that bitcoin is rare with its number 21M  if a lot of people uses it the more its price will rise for its supply will decrease. However, if the people will dump there bitcoins its the other way around like its price will decrease because its supply increases. The logic is just like that, so its better to help promote bitcoin to have more investors and to have higher price value of bitcoin.
  
newbie
Activity: 145
Merit: 0
The reason may be that many countries are banning bitcoin so it drops the bitcoin users and it affects the bitcoin price. But one sure reason is that investors who sell bitcoins as prices fall and they panic.
newbie
Activity: 22
Merit: 0
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 the reason that make the bitcoin's prices down is the demand is low. If the market demand is go up, the price also goes up too.
newbie
Activity: 104
Merit: 0
The SEC has warned of scams because of the increasing number of ICOs. There are too many ICO scams will do the investors' demand for coding in general decline. The continuous rise of Bitcoin prices has led to the birth of hundreds of ICOs within just the first few months of the year. Many investors are concerned about this, and that is why the price of bitcoin and other coin drops.
member
Activity: 336
Merit: 20
I think it's a small factor that makes the bitcoin value fall, which is a bit of a developer of the blockchain system. we realize that today human resources who understand the blockchain system are still little.

and that will inhibit the blockchain's work system since the system needs to upgrade according to conditions and needs.
newbie
Activity: 122
Merit: 0
Whales, hamsters, bad news, the latter comes out of the first two, but in principle everything follows from the first two.
member
Activity: 336
Merit: 10
There are many reasons for bitcoin down, The reasons for the state policy, the reasons for the law and the agreement, the political policies. This is also a reason why some  countries prohibit its use. Those who do not like Bitcoin, they are down on the price due to the spread of false information about Bitcoin.
newbie
Activity: 60
Merit: 0
The point of strengthening or weakening of Bitcoin prices is more due to the increasing and decreasing demand and growing problems in the community.
Bitcoin has fluctuating and unstable values.
hero member
Activity: 1190
Merit: 534
I believe that the biggest reason for the price fall is the correction (and I appreciate the correction). The price was growing without any actual growth in the user base but institutional investors and big whales were pushing the price to exploit the opportunity. It also created a panic selling wave in the market and at the end, it resulted in a 65% price fall.
full member
Activity: 582
Merit: 101
which makes bitcoin prices fall sharply after investors buy large amounts of bitcoin and then after the price starts to improve then they sell all the bitcoins they have. Essentially people who have their big capital in power .
newbie
Activity: 166
Merit: 0
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.

there are a lot of reasons why bitcoins price goes down, first of all is the number of investors to support the campaign, due to some anomalies and controversy that bitcoin has in, investors turn their back on it, thus making low profits.

Yes, I agree. When people are dumping their coins at a cheaper price, it would initiate a downtrend of price. If we want it to grow more, then, we'll just wait till the peak price is reached. Some factors that may also affect is, the "Fake news" because it ruined the credibility of btc, thus making people  to worry and will no longer invest.
member
Activity: 84
Merit: 10
The reason why bitcoin prices go down is
1. Bitcoin Mining Closure.
According to a source, when a Bitcoin mine is out of business, they tend to let go of all the Bitcoins they have stored. This could trigger a chain effect until the price of Bitcoin falls.
2. Prohibition of Using Bitcoin Announced By A Stronger State of Economy.
Among the factors driving Bitcoin prices up, there is an element of recognition from a stronger economy. Therefore, it applies vice versa; Bitcoin's price drops if a stronger economy oppose and prohibit its use
3. Closing of Bitcoin Exchange.
The law of supply shall also apply to the price of Bitcoin. The higher the supply will be something, the lower is the price, if other conditions in general nothing has changed.
full member
Activity: 231
Merit: 100
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.

there are a lot of reasons why bitcoins price goes down, first of all is the number of investors to support the campaign, due to some anomalies and controversy that bitcoin has in, investors turn their back on it, thus making low profits.
member
Activity: 686
Merit: 26
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Negative news and regulatory oversight are the main reasons for the price drop. For short-term investors, this is definitely bad news.

Many media are not able to understand the news and project it in a negative way and thus it is causing a huge panic among the users and thus they do panic selling due to which price crashes and this is when the big investors enters the market in falling time.
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