Topic: The bitcoin why Bitcoin's price fell. (Read 343 times)
I also wonder why bitcoin prices are currently declining. According to my estimates bitcoin prices are influenced by many factors one of which is negative news so that the reputation of bitcoin decreases and the price as well.
one of the cause of price bitcoin fall is South Korean government plans banned trade crypto known that trade cryptocurrency in South Korea reach 20 - 30% of the overall trade coin throughout the world that with the threat of the government to prohibit the trades crypto there raises concerns the infestor and soon interesting infestation of them.
The value of Bitcoin fell below US $ 9,000 Overall, the virtual currency market weakened 50 percent compared to January 2018 high The bitcoin price decline after investor concerns was associated with increased regulation in India and potential price manipulation in several major exchanges. 
It was the choice of huge whales to escape Bitcoin and booking benefits when the cost was trailing record-breaking high. Since we don't have that development starting at now, it made a frenzy circumstance in the market and pushed the dread of passing up a great opportunity among the financial specialists brought about a market amendment. Presently starting here, I trust that we will see a supportable increment in the client base and in a roundabout way in the cost alongside the general development as a client.
But for now bitcoin price is slowly increasing from the dips.
i hope no more bad news or fud that causing bitcoin price fall drastically.
i hope no more bad news or fud that causing bitcoin price fall drastically.
For me, that was normal to the cryptocurrency for the price to fell and also of the bad news who affects the people and the effect is to run sell and that was bitcoin price fell happens.
i think a lot of people they are holding bitcoin this can also be one of the reason but i think its normal and its price will go high very soon.
It was the decision of big whales to get out of Bitcoin and booking profits when the price was trailing all-time high. Since we don't have that maturity as of now, it created a panic situation in the market and pushed the fear of missing out among the investors resulted in a market correction. Now from this point, I believe that we will see a sustainable increase in the user base and indirectly in the price along with the overall maturity as a user.
This is a post that came from bloomberg. The news seems credible since it came from a well known site.
The reason why bitcoin price fell is Japan's Financial Services Agency was said to be planning to tell Binance to stop operating without a license.
Bitcoin's price felll 4.4 percent to $8,500 because of this news.
Binance told Bloomberg News in January that it was working to acquire a license in Japan so there is nothing really to worry about.
Binance will surely comply with that since it will also help their exchange be more reputable and legal.
Link to the post:
https://www.bloomberg.com/news/articles/2018-03-22/bitcoin-falls-after-report-that-binance-faces-warning-in-japan
The reason why bitcoin price fell is Japan's Financial Services Agency was said to be planning to tell Binance to stop operating without a license.
Bitcoin's price felll 4.4 percent to $8,500 because of this news.
Binance told Bloomberg News in January that it was working to acquire a license in Japan so there is nothing really to worry about.
Binance will surely comply with that since it will also help their exchange be more reputable and legal.
Link to the post:
https://www.bloomberg.com/news/articles/2018-03-22/bitcoin-falls-after-report-that-binance-faces-warning-in-japan
Yes, any big issue with a leading exchange can cause such price drops. Recently , in India a exchange called coinsecure got hacked and about 420 bitcoins got stolen from their website. It affected the price on all Indian exchanges. Such kind of news create fear in the mind of people.
Well yes the other coin will be promoted that’s not good at all and Maybe it can keep away some fearsome older people from investing into Bitcoin. There is a news that Japan’s Financial Service Agency was said to be planning to tell Binance to stop operating without a licence and its normal just wait bitcoins price will rise soon. And that's all i know
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Well yes the other coin will be promoted that’s not good at all, but mate even after that much popularity and fame bitcoin is still unbeatable, bitcoin is a currency that never lose the fame and the trust of investors because it has become a trust worthy investment now, bitcoin is getting more and more popular now people are helping the price of bitcoin to be high once again the best if you will hope for the best and will not panic bitcoin will be the only currency that will be investing in future. Join the discord group to talk about this project. : discordapp.com/invite/zpQyDu6 or telegram: t.me/MarinecoinMTC
In social networks and on sites there are different experts, and everyone has his own opinion. They say about:
From what I know, most of that FUD is old. Maybe it can keep away some fearsome older people from investing into Bitcoin, but I don't expect to affect the market much now, after what's happening since December.
But I feel like the real investors still wait, maybe they can buy in even cheaper, since they've seen that even $6000 is achievable.
It seems to me that, the price of bitcoin fall due to rumor spread over facebook, tweeter and other social media. I think it well recover soon and got back its earlier position shortly. So, its time for the investors to hold the bitcoin and make new investment for better achievement. There is a news that Japan’s Financial Service Agency was said to be planning to tell Binance to stop operating without a licence. But the BTC market growth is very rapidly. So, I think it will be the main get way to International Payment system very soon.
In social networks and on sites there are different experts, and everyone has his own opinion. They say about:
imperfection of Bitcoin;
charges of "terrorist" transactions and financing of prohibited structures;
absence of anonymity;
restrictions in a number of countries;
the appearance of altcoyins;
"HYIP" of the founders (and comparing the Crypto-currency with the pyramids);
attacks by hackers;
the complexity of "mining coins" because of the appearance of "Asikov";
market manipulation;
risk of a critical error;
fork dominance;
trends that are visible in the course of technical or fundamental analysis.
If at the end of 2017 people ran to buy coins and discussed the reasons for the sudden growth ("shot") of the cue ball, in early 2018 they began to worry: "Why is the bitcoin rate falling and how long will it last?" We will try to understand the likely risks and factors affecting prices.
imperfection of Bitcoin;
charges of "terrorist" transactions and financing of prohibited structures;
absence of anonymity;
restrictions in a number of countries;
the appearance of altcoyins;
"HYIP" of the founders (and comparing the Crypto-currency with the pyramids);
attacks by hackers;
the complexity of "mining coins" because of the appearance of "Asikov";
market manipulation;
risk of a critical error;
fork dominance;
trends that are visible in the course of technical or fundamental analysis.
If at the end of 2017 people ran to buy coins and discussed the reasons for the sudden growth ("shot") of the cue ball, in early 2018 they began to worry: "Why is the bitcoin rate falling and how long will it last?" We will try to understand the likely risks and factors affecting prices.
This is a post that came from bloomberg. The news seems credible since it came from a well known site.
The reason why bitcoin price fell is Japan's Financial Services Agency was said to be planning to tell Binance to stop operating without a license.
Bitcoin's price felll 4.4 percent to $8,500 because of this news.
Binance told Bloomberg News in January that it was working to acquire a license in Japan so there is nothing really to worry about.
Binance will surely comply with that since it will also help their exchange be more reputable and legal.
Link to the post:
https://www.bloomberg.com/news/articles/2018-03-22/bitcoin-falls-after-report-that-binance-faces-warning-in-japan
I do not think that the prices of the Bitcoins have fallen, but they are only volatile at times, maybe the currency on the market fluctuates in a day or perhaps a week, but they always have traces. Recovery after those times. The reason why bitcoin price fell is Japan's Financial Services Agency was said to be planning to tell Binance to stop operating without a license.
Bitcoin's price felll 4.4 percent to $8,500 because of this news.
Binance told Bloomberg News in January that it was working to acquire a license in Japan so there is nothing really to worry about.
Binance will surely comply with that since it will also help their exchange be more reputable and legal.
Link to the post:
https://www.bloomberg.com/news/articles/2018-03-22/bitcoin-falls-after-report-that-binance-faces-warning-in-japan
It fell because nobody was buying, and everybody is scared.
Probably the best time to buy imo.
Probably the best time to buy imo.
What i really can't understand is why the fall in the price of Bitcoin is affecting the other alt crypto currencies. I thought that a fall in the price of Bitcoin should cause an increase in the price of the other cryptos
The Cruypto market has a synergistic effect, they have resonance, BTC is seen as the leader of the Crypto market. If the lead is down the price will lead to other altcoin. Although they do not affect much, altcoin prices depend on supply and demand. When there is no good information will make investors sell all their altcoin hold.
For me, that was normal to the cryptocurrency for the price to fell and also of the bad news who affects the people and the effect is to run sell and that was bitcoin price fell happens.
If you look at Bitcoin from the technical analysis point, then its price now stands right in the middle of the ascending and descending channels.
If the price falls below $6000, it will go even lower. If BTC goes up, it will reach 9500-10200 USD. I think about 2 more weeks BTC prices will be in the flat.
Bitcoin is again pump in the market because many peoples are interest to buying bitcoin. It is good time in cryptocurrency so this month huge pump is expected in April 15. It will reach 14k USD is possible in end of this month. So bitcoin will never failed in future. All the traders are like to invest in this moment. I hope bitcoin is always controlling the crypto platform.If the price falls below $6000, it will go even lower. If BTC goes up, it will reach 9500-10200 USD. I think about 2 more weeks BTC prices will be in the flat.
The price didn't fall below $6K, but there are a lot of predictions that it may come that deep, even to $2K-$3K. It looks like investors can't resist when the price goes to $6600-$6800 and now we are just above $7K. Hope that we can really recover this month moving forward.
If you look at Bitcoin from the technical analysis point, then its price now stands right in the middle of the ascending and descending channels.
If the price falls below $6000, it will go even lower. If BTC goes up, it will reach 9500-10200 USD. I think about 2 more weeks BTC prices will be in the flat.
Bitcoin is again pump in the market because many peoples are interest to buying bitcoin. It is good time in cryptocurrency so this month huge pump is expected in April 15. It will reach 14k USD is possible in end of this month. So bitcoin will never failed in future. All the traders are like to invest in this moment. I hope bitcoin is always controlling the crypto platform. If the price falls below $6000, it will go even lower. If BTC goes up, it will reach 9500-10200 USD. I think about 2 more weeks BTC prices will be in the flat.
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