Topic: The real problem of bitcoin price decline - page 5. (Read 1449 times)
The reduction of bitcoin has caused many consequences. The first is the influence on altcoin. As bitcoin prices decrease, most altcoin prices are down. That affects the finances of many investors. Secondly, when the price of bitcoin fell, it affected the psychology of many people including myself
Well in my opinion , the real problem of bitcoin prices decline is the bad news .the market makers get the dumping started and as price falls other traders join in with stop loss.
half of the people here are like that, they just believe in the rumors and the fake news without doing some research as well, so they think that the news in the internet is 100% legit, and of course if there is bad news in the public they will sell their bitcoin or another coin as soon as possible. I think before to do that they should make a research first
The genuine issue of bitcoin value decay is that a greater amount of half of cryptographic money network are a large portion of them oblivious and apathetic individuals , they simply take after bits of gossip , they never get news from confided in source , never do research and this what make this frenzy Deals available and this bleeding shower that you see right now , they caught wind of awful news from India so they begin offering and never endeavor to comprehend what was the news and what is extremely going on , and did this effects on bitcoin or not , I am tired and tired of those sort of individuals. On the off chance that you don't have faith in bitcoin simply leave , we needn't bother with you in our locale .
Good news, bad news is part of market. We can't do anything for how people react on it. It's not effect more with individual sale. But when a organization going for sale. It affects more. Investment should for long time. Then you will not hurt with daily up and down.
I think a lot of negative news from countries that do not really like the presence of crypto currency is causing the decline in prices, in case of panic so many coins are sold by investors to avoid greater losses.
all this time I know that too, bad news received bitcoin will certainly be bad for the reduction of bitcoin prices. there is clearly no other reason why investors are in a hurry to save their property. because that determines the bitcoin price is the market itself, when many investors sell their bitcoins but no one buys or the very low buying interest that keeps the bitcoin price down.
The main reason of bitcoin price decline is that whales who playing with bitcoin and sucking small fishes
Yes, indeed someone who can not wait to follow the wrong trend. Really you say, most people follow others without analyzing the market conditions. They follow a trend that does not know the truth then they panic to sell their bitcoin. This is what makes supply and demand for crypto currency is not balanced so the price is very volatile. I strongly advise to be patient in doing business in crypto currency and not be reckless in following trends. Better monitor the market and do the analysis so that it can take the right decision. If the market has been damaged then all feel loss.
most of the selling imo is not bad news/panic selling, its forced selling so as to pay taxes (the price of the regulation embrace) and cover lost income from welfare asset assessments, both of these are caused by governments ... people dont want to sell their btc but they have no choice, they need fiat to live, and governments know this, capital gains tax is the biggest enemy of bitcoins future success, just go check out how few countries in the world do not tax capital gains, and you will understand one of the underlying reasons for this bear market we are presently in, lower prices will get more investors in, sure, but down the track they will need fiat/to pay cg tax with fiat, so they will exacerbate the selling of bitcoin
I think a lot of negative news from countries that do not really like the presence of crypto currency is causing the decline in prices, in case of panic so many coins are sold by investors to avoid greater losses.
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 .
it looks like you are one of the investors who are very confident with investing using bitcoin if all investors like you I'm sure bitcoin will get better and expand If you don't believe in bitcoin just walk away , we don't need you in our community .
I think the real problem if the price down is fud and scam news . also panic sale can create price drops . when price up definitely any time market correction start so its a normal nature of this market .
I don't think you understand how the markets work. Most of the times the price is manipulated by the whales and its not the regular crypto users who are dumping their coins. The whales manipulate the price to cause panic in the minds of weak hands and get them to dump their coins into their bags.
Whales start this process of fudding and manipulation, but the main job (I mean panic selling) is actually done by the community itself, by those lazy and ignorant people who never take their time to analyze the situation.It's all about emotions with fear being the strongest one. That's why the young and unstable crypto market is the perfect place for such manipulations.
Yes that didn't cause the decline but it definitely contributed, and then when it affects the market it creates a nasty snowball effect and some people who don't know any better will be like "omg they were right" and the number of panic sales just increases from there
I don't think you understand how the markets work. Most of the times the price is manipulated by the whales and its not the regular crypto users who are dumping their coins. The whales manipulate the price to cause panic in the minds of weak hands and get them to dump their coins into their bags.
Whales start this process of fudding and manipulation, but the main job (I mean panic selling) is actually done by the community itself, by those lazy and ignorant people who never take their time to analyze the situation.It's all about emotions with fear being the strongest one. That's why the young and unstable crypto market is the perfect place for such manipulations.
yeah, but that's just minority, they don't represent the whole Bitcoin community like us, right? I hope this incident will help us to get rid of them soon, as they sell and leave soon I bet.
We know when new audience comes and new money flows in market then bitcoin's price grow rapidly.We have seen that happened in 2017 when bitcoin growth was almost 20X.It is pretty much unsustainable growth for any commodity.Then these credit card buyers started to say that bitcoin is fraud and created the fud.And after that big crashes and correction started.I think this correction and consolidation is very necessary for bitcoin and other alternative currencies.From chart history we can see that after a big pump bitcoin price corrects almost 80% from its ATH.so we need to be very patient.
you are correct but i do believe that negative news (or mainly FUD) has always been a secondary force that helped the drop but it never caused it. the market makers get the dumping started and as price falls other traders join in with stop loss,... and then the FUD starts coming out and the weak hands panic sell making the dip bigger.
as you can see there was a lot of buys happening around $10k even with all the FUD and all the dumps that happened. but in the end the pressure of the dump was bigger than the strength of the total buys so it broke down.
as you can see there was a lot of buys happening around $10k even with all the FUD and all the dumps that happened. but in the end the pressure of the dump was bigger than the strength of the total buys so it broke down.
i agree with you. And we also have to count the numbee of SCAM ICO's that are flooding the market right now.. Someone has to regulate the number of ICO's before it gets out of hand.
I think the real problem of Bitcoin is it's volatility and as an investor you must be aware of it and one more don't believe on fake news about the fall of Bitcoin just bear in mind that bitcoin will soar high in the future.
yes many traders that have this character, but sometimes i be that dumb traders too, when the bad news announce by people i sell my coin fast because its afraid that the price of that coin will be down and i will get some lost, but i think its natural that when the price of bitcoin down the traders will sell their coin for good reason
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