Topic: The real problem of bitcoin price decline - page 9. (Read 1449 times)
It's not a problem, they care about it just for profit
very many interesting opinions on this topic! but I have my own: I'm sure that the drop in the price of bitcoin - who needs it! While little cryptology - they are regulated by whales with large wallets! it is whales that raise or lower prices when they need it or when it is profitable for them! but soon after minimal regulation by the state, a large number of people will come and capitalization will grow! and then at the expense of large volumes, there will be no sharp jumps in the price!
I think the majority of people who join the bitcoin community nowadays are in just to invest with the hope of double or triple the money they invested into it. Most of them are not believers of bitcoin and normally do not understand the main ideas behind the creation of bitcoin. Such people are easily influenced by negative remarks they hear from the media.....
Looks like a bitcoin problem is a panicked person who throws his coins at a low price when meilhat market conditions. They are people who do not believe in bitcoin, but are trying to profit from bitcoin. Supposedly if such a person can be patient and not panic, bitcoin will easily grow and continue to rise in price.
in my opinion, because there's a big mafia playing, selling all the bitcoins they've earned from the bitcoin scam website they had made last year, and also the falling XPY price is now also the cause of bitcoin down,Many HYIP sites underwent bitcoin investments that led to a scam, and now it's time for scammers to sell bitcoin from their scam.so, at the core of the above answer, bitcoin prices dropped due to the act of coin "a scam that promotes its homemade coin and to reap big profits and then run away.
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 real problem of bitcoin decline is the cyber attack and fake newses. And the another reason for the price decline is when the countries ban the crypto currencies. When they ban the cryptos then the price of the crypto declines to its maximum and they have to face a huge loss. 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 .
This is almost true t all new investoes in this industry. A lot of which are driven by the fact that bitcoin is very prfitable now and they are seizing every opportunity to gain money. That's why they are investing on bitcoin anmd other established cryptocurrencies nowadays. If you don't believe in bitcoin just walk away , we don't need you in our community .
I totally agree with your thoughts because so many are actually lazy and are
thereby doom of Bitcoin authenticity, which is totally a wrong.
But in other sense we have to accept the fact also because there will always be a lot of people
without understanding the importance of news, will show panicand it will result in sell of bitcoin
and market will go down. Before taking the any stepson Bitcoin people should consider the fact in a deeper way so that
crypto currency market will get rid of FUDs.
thereby doom of Bitcoin authenticity, which is totally a wrong.
But in other sense we have to accept the fact also because there will always be a lot of people
without understanding the importance of news, will show panicand it will result in sell of bitcoin
and market will go down. Before taking the any stepson Bitcoin people should consider the fact in a deeper way so that
crypto currency market will get rid of FUDs.
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 .
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.Many people have invested their money in botcoin and they haven't known more about bitcoin and cryptocurrency.Don't invest your money in bitcoin if you have no enough knowledge about bitcoin.
I can wholesomely shares from your class of thoughts because so many are actually lazy and are thereby doom of Bitcoin authenticity, which is totally a wrong idea. If we must succeed with Bitcoin in order to achieve the primary objective of Bitcoin becoming one of the top most essential on line currency in every nation as a medium for exchange of goods and services, we must avoid the erroneous believe of making profit alone out of Bitcoin deals, that should be a secondary issue. Because listening to FUDs like the one from Indian for instance brings Bitcoin values declinity when everyone starts to dump, this is the time we can make holds without panic, then the consequence shall favor us.
We cannot blame them, most holder are just holding simply because they thought that bitcoin is all about pumping. They just go with the trend not realizing why they are doing what they are doing. I remember few months where the hype is so high, tge number of people I know whose investing doubled and multiplied. Most people think that holding bitcoin will make them instant millionaire, this people has to be reoriented.
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 .
Yes I agree and understand your sentimenta. Bitcoin users mus be knowledgeable on when to sell, all these panic selling is one of the cost of bitcoin price drop. Users must be intelligent and strategic. Also, fake news are everywhere even biased news so we cannot blame some of the pwoplw who really believe in them, I just hope that good news about bitcoin will also come out.
FUD was created to destabilize Bitcoin's price, due to its conflict with government, financial institutions and Banks.
and FUD also make beginners in Bitcoin trade to be acknowledged and suffered losses because of the Stop Loss.
Believe me, Bitcoin will continue to rise as demand for many traders.
and FUD also make beginners in Bitcoin trade to be acknowledged and suffered losses because of the Stop Loss.
Believe me, Bitcoin will continue to rise as demand for many traders.
Honestly, I think you are right because they don't know the value of bitcoin
I think that the price flies down because of illiteracy of investors. Many even have no idea of the truth or no rumors that have reached them. Before taking any action, you need to recheck the information received, consider and take a weighted decision.
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 .
随着认可比特币的人越来越多，它的价格仍会继续水涨船高。虽然历经多次大跌，长线来说，那都是小曲折。
The immature market, and brand new revolutionary technology. I believe that has a part in the volatility especially a big dump/correction. I'm pretty sure in the future when many people already boringly well-understood Bitcoin as a 'financial asset', the price will stabilize.
Yes the new investors contribute nothing to bitcoin.They just start investing in bitcoin when its price rises due to FOMO and whenever they face even a small price dip,immediately they fly off selling their bitcoins making its price more unstable thus increasing its volatile nature.
They are not even interested to know even how bitcoin works and is its previous history about.When bitcoin price starts falling,big whales dump their bitcoins making the price to fall more.These actions make bitcoin price to reach a lower bottom price.
They are not even interested to know even how bitcoin works and is its previous history about.When bitcoin price starts falling,big whales dump their bitcoins making the price to fall more.These actions make bitcoin price to reach a lower bottom price.
The real reason of Bitcoin price decline is the impatience of the newbies, they are not strong enough and they easily get swayed by fear, uncertainties and doubts. They are impatient in waiting for the price to soar high, impatient to wait for gain their desire profit that leads them into doing certain actions that may cause more lose or worsen the situation like adding to the dump and contribute to the further decline of the price.
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