Topic: Top 10 Reasons Why Bitcoin Is Falling Down - page 6. (Read 21494 times)

right, building trust is the basic foundation for getting better at bitcoin. this year, indeed hope reappears, and we must see it as an opportunity to make big profits. but indeed we are required to be patient to wait for what is expected to happen

I remembered when ETF and BAKKT was denied by the SEC, the price of bitcoin was really decreased then. No wonder, there are really particular reasons as to why bitcoin's price flactuate. Whales and manipulators can also be the biggest contributors of price changes.

It’s not only this time rate are getting high so many time it has her. High and I am very happy with this time because the major reason for price fall owls panic selling and it’s now almost controlled to high level. In 2018 people lost their hope but now they are developing their trust for bitcoin so they are investing more they sell.

Bitcoin price will recover soon, just wait. Our community is growing but this year is too noisy but no significant improvement in implementation of bitcoin usage in buying and selling goods. But future will be better. Most of new people here are mostly only bounty hunter but they will turn into real bitcoin adopters when they have enough bitcoin to make their prosperity improved. Most of people who hungry are only think about food until they full.

I see your point and I can't say that I strongly disagree with it

People that buy on the rise and sell on the fall can be called market conformists or even opportunists (actually, it is a good profit earning strategy), so they are definitely not the ones who start or change trends. But while they are not, they still add momentum, power and force to the trend, so, at the end of the day, it is exactly these people that make a trend reversal more difficult when the time has come. And from this point of view, they do affect market direction just by supporting it, thereby preventing its change


In fact, the answer to your question is pretty simple and straightforward

Bitcoin was and for the most part still is a vehicle for speculation, but when the jig is up and it no longer brings profits, speculators lose interest in it

Everyone is here for making money and we cannot blame their action. Market riders are just trading along with the trend and their swing way of trading most probably is not influencing the market direction any any point of time. I mean to say people who are all buying when the market is rising definitely not the reason just because they have turned seller when the market is falling down. But the big question here must be, why bitcoin is not attractive enough to continuously enable people to keep on investing into it.

It may be due to several reasons like where is currently bitcoin is trading must be the actual worth of it. In this case you cannot claim bitcoin had fallen down. In addition to that, bitcoin was into a bubble and it is just bursting out to the levels of its "fair value".

Bitcoin must need lots of infrastructure to be used as money and being used as an investment will not be working as we cannot estimate when will be the supply will overcome demand. It is like, if you do not want bitcoin to be falling down then you must need at least stable prices and for that case we must need bitcoin to be used as money so that it will keep on circulating and the big falling down may not be possible.

Without making those infrastructures happening and worrying on bitcoin is falling down then no one could help us because we are missing out what is basically needed for bitcoin not to be falling down.

The rising cost in mining is part of the things that are making the price of Bitcoin to fall today. Lots of miners has shot down their operations because it’s now less profitable. I’m also in support of the fourth point you made there. Market manipulation and speculative activities can also play a part in pulling down the price of cryptocurrency market.

Well people tend to sell when they see no big progress and overall negativty in the market make them sell in panic. Only those who are real lovers of bitcoin and digitial technology will not sell in such low prices as they know that pateince is the key in crypto and those who hold for more time will be rewarded well.

investors quit for a while and trying to buy again when all cryptocurrency crashing.they wait this moment come again.no confirmation about bullish movement right now.

I think with prices falling now, there are still many non-active investors waiting and seeing. even though at the moment they are leaving BTTC now, but they I think many do not leave completely, and will return if it feels that the market is on track

The last one has the most impact of all. If people are always doubting , the mindset of them and the newbies will change. They will avoid BTC as possible and find shitcoins for them to invest. Newbies , are easily to be fooled amd if all of the posts are full of doubts and negative thoughts, i dont think they still go with BTC.

Most of them are the facts on what result in the present price fall in the bitcoin market and bitcoin have face lots of challenge's but the worst of them all is the low demands for bitcoin in the exchange market, this is to show how weak the people are toward using bitcoin and I think that is caused by high volatility.

This list is incomplete as it doesn't mention the major reason why Bitcoin fell

As it is essentially the same reason (which should be placed at the top in the hierarchy of reasons causing Bitcoin's downfall) why Bitcoin rose in the first place. It is relentless speculation that first caused people to lose their minds over Bitcoin, and when the hype was over, to receive their minds back but without money already. Well, it can be said it is FOMO which turned into FUD, but this option obviously discards people who were mindfully and purposefully buying on the way up and then selling on the way down (with which adding fuel to price action), thereby earning cash on both Bitcoin's rise and fall alike

The environment is already regulated and this is one of the reasons why people cannot buy bitcoin. They haven't the option to buy crypto through their bank accounts or use their debit cards. If this regulated environment is what you want, you have it already. However, mass adoption is not possible to come and thrive into this regulatory trends that occur in the society.

The main reason why bitcoin falls is a phenomenon that has repeated a lot in history. It is well described in Tulip mania in 1637 in the Netherlands. All because of excitement in December 2017. My good friend already said that bitcoin should fall in the near future, because such a price doesn't hold for a long time, there is no solid foundation under it. He was right. He earned then a lot of money on this (selling almost for 20K when everyone bought)
Now he says that bitcoin should rise again in the near future. However, he doesn't know exactly when. But now he advises buying Bitcoin at this price.

Actually thats the good thing to do now. If people would stop panicking it would help everyone and the price could see some organic growth. Still manipulated prices will happen but thats one step at a time.

Dont expect regulation to happen. People are into the crypto space for its non-regulated nature. Becoming regulated will lead to a drastic fall in the market cap. Even then regulation is something that is next to impossible to happen. Adoption on the other hand is gradually increasing and this will draw in more people to use crypto.

I think the top reason why bitcoin price fall is because many mainstream media cover negative news. News give big impact to investor psychology and make investor panic and selling their coin at cheap price. But Bitcoin price always volatile and i think bitcoin price will recover again this year

Don't panic! Buy and hodl j/k
I hope this year brings a regulated environment and more adoption

functions with values ​​are two things that are interrelated, if the function of bitcoin increases, the value of bitcoin will also increase. people think that bitcoin is an investment tool.

if in my opinion, focus more on the value or function of bitcoin. bitcoin does not have functional value, so bitcoin is only traded in the bitcoin market so that bitcoin is only spinning in their own market. thus making the value go down.