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Topic: The real problem of bitcoin price decline (Read 1412 times)

newbie
Activity: 92
Merit: 0
August 27, 2018, 03:38:19 AM
I have always believed that Bitcoin will have a better tomorrow. I have not changed my belief in Bitcoin because of market changes! When I am confused, I will choose to persist!
newbie
Activity: 3
Merit: 0
This may be due to the lack of interest from investors to invest in bitcoin at this time, because now maybe investors prefer altcoin as an investment asset, because as we know the prospect of bitcoin price increases is relatively small and sluggish so many investors are starting to switch to altcoins that are faster in the current price increase movement.
full member
Activity: 574
Merit: 100
I think the main problem that makes a lot of rejection of bitcoin is because of the price movements that are so unstable that it can be dangerous when making transactions.
hero member
Activity: 1344
Merit: 502
I believe that the bad news is that the shark's buoy. Be alert
In different condition, different reasons are there which effect the bitcoin price too much. For example in current time the main issue that caused the bitcoin price to  dump too much is the ETF issue. While some time the huge selling trend also cause the bitcoin price to decrease.
newbie
Activity: 3
Merit: 0
If you do not research and trust the market, the loss is inevitable.
full member
Activity: 462
Merit: 100
it seems that the main problem why the price of bitcoin falls is because there may be bad news that makes the price of bitconi fall so that traders become panicked and sell it at a cheap price.
full member
Activity: 476
Merit: 100
www.daxico.com
Since the value of cryptocurrency is defined by people's demand, then those people who are immature, less knowledge and weak are one of the reasons behind bitcoin price decline. Through ups and downs that bitcoin experienced, hope that it may be also a lesson that would teach others to adapt and used to it.
hero member
Activity: 882
Merit: 500
The real problem of bitcoin price decline is that more of 50% of cryptocurrency community are most of them ignorant and lazy people , they just follow rumors , they never get news from trusted source , never do research and this what create this panic Sales on the market and this bloody bath that you see right now , they heard about bad news from India so they start selling and never try to understand what was the news and  what is really going on , and did this affects on bitcoin or not , I am sick and tired of those kind of people .
If you don't believe in bitcoin just walk away , we don't need you in our community .
Yes , this is bitter big truth of this field . As we can see that news of ETF , that is only postpone of the planning over the ETF rule to put in September , as this is a very strong thing in the market tool to enter to stabilize the bitcoin price , that means this is normal thing that it will take few more longer time to implement .
And also as an another example we can see that in the ICO rating websites, there most of them high ratings because of the only paid reviews , and people by see those rating get involve in the ICO Investment .
So here people are just looking for the direct any type of the source to see that what the perfect and what is not , but in Actual they are needed to analyse himself about the project very well so that they can make better descion whether to invest in any particular project or not and with which project they should go .
Hope in the future most of these types of lazy people terminated thereself .
full member
Activity: 364
Merit: 100
Blockchain with VTOS energy
I strongly get you point where you stemming from but i really don't hang all the blame on their ignorant by reason of fake news that really make people dump the coin. I believe there are relatively major problem and reasons behind the decrease in bitcoin price and if we all stick to hodl it will be better.

People should be knowledgeable about cryptocurrency before investing a huge amount so negative speculations should not affect their decisions if they have a good information in their mind.
newbie
Activity: 17
Merit: 0
Well, I don't see that as a real problem, in fact the huge price drop is "cleaning" the field from all the people who have jumped on the bandvagon at ATH without having any idea of what they were doing. In a way it's echological, it's natural selection.

Yeah, natural selection Wink That's a good one!  Grin
newbie
Activity: 11
Merit: 0
I believe that the bad news is that the shark's buoy. Be alert
newbie
Activity: 2
Merit: 0
Enhance your understanding before investing by emotion
newbie
Activity: 3
Merit: 0
Those people just look at the quick profits there. They are breaking the crypto market
newbie
Activity: 2
Merit: 0
Before any news, let's learn how to evaluate and evaluate before making a decision.
newbie
Activity: 2
Merit: 0
If you only invest by listening to news, you will surely lose money and make others lose money because the FOMO effect sell off BTC.
full member
Activity: 448
Merit: 100
Lets Go Adab
the most important issue of bitcoin prices is from some media that spread bad news that makes a lot of traders are afraid and eventually panic and make the price fall.

Correct, those media's are sometimes creating fake news in order to reduce the growth of cryptocurrency since other business are negatively affected just like banks who are so afraid of bitcoins growth.
member
Activity: 392
Merit: 10
Ccfound
absolutely right, people are tend to sell their bitcoin caused of panic with some bad news. i really fed up with many bad news from every single influencer which has their own business and purposes. as a long time holder i dont really consider any news related to bitcoin, peoples can say anything about bitcoin, but my belief are still with bitcoin. and i think most of panic seller are new joiner to cryptocurrency.
full member
Activity: 524
Merit: 100
The real problem of bitcoin price decline is that more of 50% of cryptocurrency community are most of them ignorant and lazy people , they just follow rumors , they never get news from trusted source , never do research and this what create this panic Sales on the market and this bloody bath that you see right now , they heard about bad news from India so they start selling and never try to understand what was the news and  what is really going on , and did this affects on bitcoin or not , I am sick and tired of those kind of people .
If you don't believe in bitcoin just walk away , we don't need you in our community .

I do not think there is a huge problem about bitcoin price drops. People are making a huge fuss about the price drops, its the volatility that we need to worry about. But other than worrying we cannot do anything about that when it is happening in real time.
Going down from 20k to 6k may happen in any other business stocks or what not and it may rebound back however having all of this happen span of couple months is the biggest problem. Bitcoin price dropping is a second problem compared to our biggest problem of %10+ swings daily.
hero member
Activity: 700
Merit: 500
There are always people who are disappointed in Bitcoin and cryptocurrencies mostly because of their losses and bad decisions. And they are always very loud so the wrong impression about Bitcoin community could be made.
But I fully agree that many users today care only about the profit and to get it as fast as possible but they don't realy care about cryptocurrencies and way of life they represent and they usualy don't know much about Bitcoin and cryptocurrencies but not even interested to learn something.
Such people should be ignored and not let to influence the others.
Yes I agree on that.  There are so many people on bitcoin feild that always count their losses but they didn't mind their bigvearning from the past few years. And they are always complaining about the price when it goes down. I understand that there are so many people that didn't stop complaining. I think k it is all because we are all looking for a profit here and we don't want to see the markets down because our holdings is maybe loss also an amount.
Many people are now putting their money in Altcoin because of the low price and huge growth potencail. Bitcoin monopoly has been finished by Altcoin. There are many good coins in the market that have great value in crypto market and the market cap in increasing day by day. Small investors mostly invest their money in that low price coins.
full member
Activity: 434
Merit: 102
You should accept that, because not everyone wants to invest properly, they will only consider bitcoin as a monetization tool and of course will not care about its benefits.
I think there are certain reasons for fall in the price. The big one is low demand from people around the globe, and the second is big investors. They manipulate the market according to their well and when they decide to sell their holding the price pump at once. When they want to buy bitcoin the price gradually decreases and when they buy the price stops at certain point and then a blow in the market.
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