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
Topic: The real problem of bitcoin price decline - page 13. (Read 1449 times)
The main reason behind the btc price is the supply and demand like these days the btc price is going down so in the interest of people in buying or investing in btc also goes down so there come less number of demand in return of which we have downfall in price other things may include digital market flotation etc as its value is governed purely by market forces.
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 .
Weakening and declining virtual currency, Bitcoin is thought to be due to the booming influence of Bitcoin Cash, one of the cryptocurrencies that has recently started sticking its name. Lastly, Bitcoin dropped US $ 1,000 or Rp 13.5 million (exchange rate Rp 13,500 / dollar) in 1 hour . If you don't believe in bitcoin just walk away , we don't need you in our community .
Hi,
It is also part of the "game". Of course, there are people panicking, so selling when they shouldn't.
But it is not that important. People who really believe in bitcoin, stick to the community.
So no worries.
It is also part of the "game". Of course, there are people panicking, so selling when they shouldn't.
But it is not that important. People who really believe in bitcoin, stick to the community.
So no worries.
The price movement is always base on the law of demand and supply. More supply,less demand makes the price fall.And because of negative thought of many bitcoiners they do panic selling when they saw that bitcoin price drop down. They are just after the profit because they had fear to lose what they invest. That's why the supply increase instantly that the demand is not enough to make the price go back to higher in a short period of time.
there is a big bubble in btc, and I think it will continue to fall until these people give up on the cryptocurrency market.
Cryptocurrency holders just afraid about all bad news that spreading. Its normal because their money/investment for their life is in form of cryptocurrency so they are too afraid and probably did wrong decision by sell it in low price. I believe that bitcoin price will rise again, because I see great potential in bitcoin.
I don't think we can avoid it as even though we know it is not true or it is still just a rumor avoiding losses by selling earlier before it goes down is the safest way to do. I know by doing so we are contributing to the price decrease but it is better than holding something without any options at your hand. Why not instead of being negative about (and keeping it real that we can't avoid it) it we must look at it as an opportunity for us people holding FIAT (or users who converted their Bitcoin to Fiat) to buy Bitcoin at a cheaper price.
I think it's not a problem for everyone it's a challenge for everybody!!!!! To make a tough decision whether you hold or sell, sell or buy.
bitcoin decline is because lot of negative news and lot of FUD in market so market reacted very badly
Hope that this crash will kick out those kids playing with bitcoin and replace them with people who will invest in bitcoin for long term because they truly believe in bitcoin .
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 .
a person is just less read and scrutinize the news in circulation so easily exposed to panic sell, especially 50% of coin holders around the world a very large amount. it affects the bad news from the country of India. so the decrease of bitcoin can not be avoided when they are together exposed to panic sell. If you don't believe in bitcoin just walk away , we don't need you in our community .
recent bad news can really affect bitcoin and one of the reason it dumping. when price goes down for this past days people sells what they hold and more people tend to follow what they do and this repeat again and again. they ether want their loss to be minimum or just panic selling.
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 ,
nah..
out of nearly 17m coins.. only a few hundred thousand are on exchanges affecting the price.
so thats only say 1% (170k coins) of the community per exchange
of that 1% not all are panic selling. there are also buyers.
for every seller there is an equal buyer. so that makes 0.5% of the community is panic selling.
...
the real problem is that the bitcoins "price" is not affected by nearly 17m changing hands, but instead by orderlines of exchanges that dont even have 1btc per different price offer.
yes thats right. the bitcoin price and market cap can shift easily by a few$ per btc or $16million for the cap can change. just buy buying/selling less than 1btc
The recent news about bitcoin is about its plunge value. Most of the headlines about bitcoins are negatives lately and it seems that it is not yet finished and it is expected that the value of it will shift unpredictably. Some financial expert's advice other investors not to fully trust bitcoin because it has fallen below $9,000 but at the same time there are some financial analysts that keep on saying that the falling value of bitcoin is a good news because it will attract other investors to invest with bitcoin and will be the reason to increase and reached $30,000 this year 2018. They even said that in the future, it will reach $1 Million.
All of wall street and Warren Buffett reads that phony crypto news and believe it.
Yes, warren has a very good outlook on investing, but doesn't know much about cryptocurrency
All of wall street and Warren Buffett reads that phony crypto news and believe it.
That is what big time ignorance can cause. Hopefully by the time they sell all their coins, they won't be disturbing the prices anymore
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 .
The main reason for this price fall is due to FUD about India banning bitcoin and Chinese investors selling their bitcoins in a hurry to get cash to celebrate their Lunar year. If you don't believe in bitcoin just walk away , we don't need you in our community .
Seriously? How much is used for Lunar year?
Who's Chinese here?!
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 .
The main reason for this price fall is due to FUD about India banning bitcoin and Chinese investors selling their bitcoins in a hurry to get cash to celebrate their Lunar year. If you don't believe in bitcoin just walk away , we don't need you in our community .
Its very unfortunate that we have huge numbers of people who do panic selling and we couldn't avoid them.Media is also one of the reason for false interpretation of that news from India.Once again, big whales would have bought huge number of bitcoins.
Jump to: