The real problem of bitcoin price decline - page 7.

BennyK

member

Activity: 672

Merit: 14

Quote

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

Most of these people are driven in by FOMO once they hear about the surge in price of Bitcoin and once there is a small dip in price, they create FUD, and begin to panic sell. All these are factors contributing to the continues decline of the price of Bitcoin. Newbies in cryptocurrency investment must be well-informed and do their own research before investing in Bitcoin or any other coin.

kirito1614

full member

Activity: 336

Merit: 107

All things considered, it's protected to accept that not every person who exchanges bitcoin puts stock in it. You're correct the vast majority was not doing their own particular perusing. Many individuals are simply in it for the simple bucks. They don't try to comprehend what BTC is or its suggestion in the public arena. It is conceivable those individuals who freeze offer due to a solitary awful article are a piece of the populace that are simply in it for the fleeting run.

darkangel020716

full member

Activity: 322

Merit: 100

Quote from: cho99 on February 02, 2018, 12:35:24 AM

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 .

Exactly, those people doesn't deserve to call risk takers, bitcoin is always been that way , they never understand what crypto means and how this community works, those people are wasting their opportunity and real profits because of fake news.

fndsr

sr. member

Activity: 616

Merit: 250

Quote from: cho99 on February 02, 2018, 12:35:24 AM

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 is true that the price decline or bitcoin price increase is greatly affected from the investors, because bitcoin is there and growing there are investors behind it all

katarin2030

full member

Activity: 406

Merit: 100

Quote from: HaroldFinch on June 07, 2018, 04:55:34 AM

There is currently no panic sellimg and actually there wasn't a single seroius one during this downfall. I see that people who bought Bitcoin around 15k$ and many others, just HOLD

It's quite common in cryptocurrency that variation of price and bitcoin is also not different from that. With the current price also bitcoin can give good profit, yes as you mentioned those who have bought when the price was high they are the suffered but hope for the best in future bitcoin price may again pump up as it was in the last year end.

HelenS

newbie

Activity: 70

Merit: 0

Quote from: Duzenn on February 02, 2018, 04:10:42 AM

I also think you're right, too much negative FUD has led to a big drop in the entire cryptocurrency market.
That means there is a big bubble, and I think it will continue to fall until these people give up on the cryptocurrency market.

but all this negative is in vain, blockchain and crypto will be dominating in some years, cause it is convenient, transparent, and reliable.

jchav010101

newbie

Activity: 84

Merit: 0

I know by doing so we are contributing to the price decrease but it is better than holding something without any options at our hand.Its normal because our money being invested 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.

Bughah

newbie

Activity: 90

Merit: 0

Quote from: santieevanz on February 02, 2018, 09:22:03 PM

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.

Yes that is the one reason but its a temporary problem,because bitcoin showed for how many times for its fast recovery

tonyosa

newbie

Activity: 182

Merit: 0

Much of the problem of bitcoin price dip can be attributed to negative media propaganda.There is a good chance the big banks are behind it because the success of bitcoin invariable will mean banks will have to adjust the way they do business.There is also an on-going investigation by the US government of price manipulation,most likely by the same cabal

waqasanwar95

newbie

Activity: 56

Merit: 0

The main reason of bitcoin price decline is that whales who playing with bitcoin and sucking small fishes

yusupjatigumilar

full member

Activity: 644

Merit: 100

Quote from: cho99 on February 02, 2018, 12:35:24 AM

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 also agree with you, it is better to make investments or trading in the world bitcoin required an established understanding first in the world of cryptocurrency trading, if we already understand the most fundamental thing in the price movement then we will be able to determine and follow the market direction so we do not will damage the market moments harmful to others (this often happens when selling panic)

Raja_Salman

sr. member

Activity: 511

Merit: 250

Quote from: cho99 on February 02, 2018, 12:35:24 AM

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 the ups and downs of the price are also affected with the investors as well because the bitcoin is growing and successful or destroyed it is also because the investors are inside because we also know the bitcoin development movement is related to investors

arguelles84

full member

Activity: 285

Merit: 100

Although nobody controls bitcoin alone, but his community sometimes makes decisions that affect the operation of the BTC network. For example, to release Fork Cash. In the past the period before the branching of the block was characterized by a decrease in the price of bitcoin, then the value was restored. so many factors affect the price of bitcoin.

HaroldFinch

newbie

Activity: 99

Merit: 0

There is currently no panic sellimg and actually there wasn't a single seroius one during this downfall. I see that people who bought Bitcoin around 15k$ and many others, just HOLD

wuencds

newbie

Activity: 59

Merit: 0

There are many people who follow the speculation, but these people will bring a lot of money
The development of blockchain and Bitcoin requires funds. These people will bring funds.
They don’t know Bitcoin. They are not believers in Bitcoin, but they cannot be missing.

demonist

newbie

Activity: 224

Merit: 0

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.

joshb028

newbie

Activity: 42

Merit: 0

I think ignorance has nothing to do in the decline of value of bitcoins. Bad news also about bitcoin i think are not the best reasons. I think bitcoin really needs to have changes to its values from time to time until it can reach the highest value and I think this is to test the patience of members here.
That is why we the members in bitcoin should not believe on the.rumors about it but instead we have to continue supporting it. We have to believe that bitcoin really has a surprise and it can overcome this rumors about it.

fbastage

full member

Activity: 367

Merit: 100

I think that the problem of reducing cost is that these are the laws of the market! There is no constant growth anywhere. In the crypto currency, advertising is also very active and the market is managed by large players!

Nakakapagpabagabag

full member

Activity: 350

Merit: 100

BITDEPOSITARY - Make ICO's , More Secure

Quote from: Bagaji on June 06, 2018, 03:46:49 PM

Well, I don't see as the major problem of bitcoin market value decline as for me I believe whale contribute major price decline and government policy is another factors that contribute to the price decline of bitcoin.

I believe that the main reason why bitcoin price decline is because that bitcoin is volatile, and its normal. I think big whales is part of the ones who spread bad news about bitcoin, so that they can harvest bitcoin on the panic seller, so that they can earn big profit when the price increase. Government also part of the decline because its against to it, because of bitcoin is decentralized, they cant control it, so that they want to destroy it. Big whales and government are some reason why bitcoin price decline.

7788bitcoin

legendary

Activity: 2282

Merit: 1023

Quote from: cho99 on February 02, 2018, 12:35:24 AM

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 is not because people are lazy and are not following the news properly, believe it or not all the investors are taking advantage of the market situation and they are making a lot of money in this chaos, it happens in every market and it is nothing new, it is called riding the market and nothing else, it is not about trust it is about the market valuation and there is nothing wrong in taking advantage of either poles.

Topic: The real problem of bitcoin price decline - page 7. (Read 1449 times)