Topic: The real problem of bitcoin price decline - page 12. (Read 1449 times)
In China, everyone sells bitcoin because of the situation and we can not blame them, people sell at least to return some kind of penny.
I think that all this is more based on a policy. Because everyone wants to make money on it, that's why it lowers the price at the expense of some world or cryptocurrency news.
Truly i believe the real issue was the madly high live of monetary specialists amid 2017. Before this the value of bitcoin was systematically rising and later on the worth spike hit and also the request experienced the top. Presently the value of bitcoin is exaggerated contrasted with what it might have developed to once following the trendline from before this. Truly, the pocket has blasted and also the price is presently bit by bit rectifying.
The main reason for the fall in Bitcoin prices is due to investors worried about Bitcoin's future, fearing the exchange rate will fall and they will suffer losses. Most are influenced by negative news or cryptocurrencies celebrities 
). Most essential to invest in Bitcoin is the long term if you regularly notice the negative news about Bitcoin will quickly lead to psychology FOMO and panic sell.
). Most essential to invest in Bitcoin is the long term if you regularly notice the negative news about Bitcoin will quickly lead to psychology FOMO and panic sell.
When the market crashes and dips, people get scared, they panic and they start selling which in turn just causes the price to go further down. Lack of good information and the spread of FUDs contributes greatly to the price of bitcoin dropping.
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 agree with you. your opinion is true that many people have invested they money in Bitcoin and they haven't known more about Bitcoin and cryptocurrency, when there a bad news about Bitcoin they will panic and sell all Bitcoin they have.If you don't believe in bitcoin just walk away , we don't need you in our community .
So Don't invest your money in Bitcoin if you haven't knowledge about Bitcoin.
In my opinion, it is the formula that nearly every kind of market applies, why reduce it, it reduces to attract more volume of input, attract more capital to push the coin up.
Truly I think the genuine issue was the madly high measure of financial specialists amid 2017. Before this the cost of bitcoin was consistently rising and afterward the value spike hit and the request experienced the rooftop. Presently the cost of bitcoin is exaggerated contrasted with what it would have developed to when following the trendline from before this. Truly, the air pocket has blasted and the cost is currently gradually rectifying.
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 .
If you don't believe in bitcoin just walk away , we don't need you in our community .
I do agree with your statement, due to many fake news and false statements, many of the investors dump there coins to cut losses. But as you can see bitcoin is still holding on! its price is still going up to $10000, and if you see the market many are still buying it. I think soon bitcoin will be able to recover and once again dominate the world of monetary system.
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 think you're right. The bad news about bitcoin is not the main reason for the decline. I think it was when people saw the bad news of bitcoin that caused panic, and many people chose to sell it. If you don't believe in bitcoin just walk away , we don't need you in our community .
The main reason for BTC decline is FUD. I think that some whale who want to down the rate of cryptocurrencies market will post fake negative news about Bitcoin, for a wrong purpose to make BTC rate drop. This makes investors disturb and create panic sell to cut losses. And when the rate of Bitcoin down to below 10k, the whale will buy the colossal amount of BTC and hold to the exchange of Bitcoin recover and rise at the later time ))
))
Honestly I think the real problem was the insanely high amount of investors during 2017. Before this the price of bitcoin was steadily rising and then the price spike hit and the demand went through the roof. Now the price of bitcoin is overvalued compared to what it would have grown to when tracing the trendline from before this. Honestly, the bubble has burst and the price is now slowly correcting.
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 .
We can not blame those who panic selling for hearing negative news in some countries. If you decide to join this bitcoin community then you should be prepared for any risks to be received such as a drastic price reduction because the price of a real crypto is controlled by its holders. If you don't believe in bitcoin just walk away , we don't need you in our community .
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 .
In Simple terms its the FUD and FOMO which is the real reason behind the price decline but if you really see these kind of people are present in almost every market. These people who have no proper knowledge of market just trade on the base of news and information in the market. Moreover most of the news and information that they posses is just rumors and fake uncertainties which is manipulated by whales so this is the real problem. If you don't believe in bitcoin just walk away , we don't need you in our community .
You are right, ever heard about herd of sheep theory? Price is manipulated by big market movers that we always call "whales". They sell their huge amount of assets and when the market absorbs it, they will continue again. It's not only about that, they also can control mainstream media to make false rumours and FUD. Rinse and repeat.
if situation still like this, i think rightnow its time to buy Bitcoin, and hold it dont sell so the price will go up again. you are right about lazy people that dont read or just believe fraud news that make bitcoin price will go down.
The main reason for the fall of Bitcoin is the main reason Broadcast bad news about Bitcoin in the market. Moreover, many people in Bitakayean community are lazy. They believe in listening. It does not verify or explain the truth.
I agree with you some what, but at the end of the day its there money, people panic and don't want to lose money.
So instead of learning the truth and not just listen to rumours they sell, in a quick panic.
Because at the end of the day no one wants to lose money, for me i don't listen I'm holding long term.
I believe in Bitcoin and think it will be around for a long time, just keep on riding it
Yes.Bitcoin is really worth the wait for all we know.But sad to say,there are really people here who never tried to understand bitcoin itself and its price movement.When there's a sudden dips,lot of people here are already taking steps for panic selling.Instead of stretching their patience by keeping their coins,others are enjoying selling their coins having the fact that they will lose only once they sell their coins.Haven't they realized that they're just contributing to the price dumps?So instead of learning the truth and not just listen to rumours they sell, in a quick panic.
Because at the end of the day no one wants to lose money, for me i don't listen I'm holding long term.
I believe in Bitcoin and think it will be around for a long time, just keep on riding it
before proceeding and start your journey.
I agree with you some what, but at the end of the day its there money, people panic and don't want to lose money.
So instead of learning the truth and not just listen to rumours they sell, in a quick panic.
Because at the end of the day no one wants to lose money, for me i don't listen I'm holding long term.
I believe in Bitcoin and think it will be around for a long time, just keep on riding it
Yes.Bitcoin is really worth the wait for all we know.But sad to say,there are really people here who never tried to understand bitcoin itself and its price movement.When there's a sudden dips,lot of people here are already taking steps for panic selling.Instead of stretching their patience by keeping their coins,others are enjoying selling their coins having the fact that they will lose only once they sell their coins.Haven't they realized that they're just contributing to the price dumps? So instead of learning the truth and not just listen to rumours they sell, in a quick panic.
Because at the end of the day no one wants to lose money, for me i don't listen I'm holding long term.
I believe in Bitcoin and think it will be around for a long time, just keep on riding it
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 .
If they don't believe in Bitcoin, then they should've invested in the first place. Actually, those people you are talking about believe in Bitcoin but the problem is, as you said it, they don't do their own research blah blah blah. In result, they don't really know how Bitcoin works despite the dips that always trigger them to panic sell their fair share of Bitcoin. If you don't believe in bitcoin just walk away , we don't need you in our community .
But I guess, we still need these kind of people in our community tho.
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