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Topic: Top 10 Reasons Why Bitcoin Is Falling Down - page 8. (Read 21494 times)

hero member
Activity: 2912
Merit: 642
January 13, 2019, 03:52:39 AM
#42
"FOMO turned into FUD"

I guess that came at the 19k price. A lot of expectations happened and a lot of investors also road that boat without even thinking. It is all just about the profit which didnt happen for them. Sadly, it turned out bad and they also didnt expect a fall which is so deep.
Then the rest is history and they filled the social media community with lies just because of their hatred against bitcoin.
member
Activity: 1106
Merit: 11
Crypto in my Blood
January 13, 2019, 02:38:47 AM
#41
We are finding the reasons for falling down Bitcoin because we can see the pressure on the bitcoin. But I am confused why we can't figure out those reasons before happening. However, I think Bitcoin has some secret rules which we can't see it an open eye. All reasons could be removed when the rules will apply on all reasons. Roll Eyes Roll Eyes
hero member
Activity: 2814
Merit: 911
Have Fun )@@( Stay Safe
January 12, 2019, 12:31:08 PM
#40
 From previous year on wards we have seen that the price of Bitcoin falling down . The reason  behind that may be due to cyber attacks ,then due to  government regulations, and some countries are trying to ban the use of digital coin usage so in all, people are confused and feel fear towards the usage of cryptocurrency these all may be the reasons why Bitcoin price depreciates .We can hope for an increase by 2019 mid .
sr. member
Activity: 2506
Merit: 368
January 12, 2019, 12:20:01 PM
#39
The most important reason why bitcoin market is falling is btc saw a huge spike in prices and that year was halving period so we saw growth in prices thereafter the prices fall down due to correction and now the situation in the accumulation of prices so soon we will price growth

So it means that the next price up movement will be after the next halving. Well, time has changed a lot and bitcoin is being used more and more and demand is also increasing on daily basis. Due to this factor I am hoping for the next bull run before the next halving.
We're not sure yet if the bull run would not occur this year because we are in a bearish market for a whole damn year and up until now there is no signs yet. I bet this first month of the year was just a free trial for the bearish market, i would love to see the slight changes in the market where there is an improvement.
sr. member
Activity: 2030
Merit: 356
January 12, 2019, 12:05:48 PM
#38
The most important reason why bitcoin market is falling is btc saw a huge spike in prices and that year was halving period so we saw growth in prices thereafter the prices fall down due to correction and now the situation in the accumulation of prices so soon we will price growth

So it means that the next price up movement will be after the next halving. Well, time has changed a lot and bitcoin is being used more and more and demand is also increasing on daily basis. Due to this factor I am hoping for the next bull run before the next halving.
sr. member
Activity: 686
Merit: 264
"STAY IN THE DARK"
January 12, 2019, 11:58:47 AM
#37
Only one reason for the price is falling because of the manipulation from the people who is holding larger amount of bitcoins,it will get diluted over time when the coins get diversified by the new people getting into the market.For the people who want to support the cryptos just do what you want don't get influenced by the outside sources like media or signals.
newbie
Activity: 15
Merit: 1
January 12, 2019, 10:02:03 AM
#36
Now there are all the prerequisites for Bitcoin to start its growth. I believe that the gradual growth will begin in 2019. But the rapid growth will be later, when everyone will again believe in the profitability of Bitcoin and begin to invest huge amounts of money in it.
legendary
Activity: 3122
Merit: 1389
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January 12, 2019, 08:51:14 AM
#35
Top 10 Reasons Why Bitcoin Is Falling Down

https://u.today/top-10-reasons-why-bitcoin-is-falling-down

1. The frontloaded success of cryptocurrency mining
2. Regulatory roadblocks
3. FOMO turned into FUD
4. Rampant market manipulations
5. No institutional money
6. The ‘Blockchain over Bitcoin’ narrative
7. News about the recent stock market crash 
8. US investors avoiding paying capital gain taxes
9. Mainstream media coverage
10. Will the BTC price recover?
While some of these reasons make sense (1,2,3,5,6,7,9), others hardly do. #10 is not a reason at all, it's just a question about bitcoin's future. As for #4 - there are still no proofs that the market is truly under control of the whales. This article mentions that 1.6k control over a third. I am not sure that's true. And even if it is, this is a significant amount of people, and they still have a lot below 50% under control. Speaking about US investors - well, there are lots of investors in other countries, so even if these want to avoid taxes on long-term investment, others don't have to worry about such a thing. For example, there is no capital gains tax is Signapore and Switzerland.
full member
Activity: 644
Merit: 100
January 12, 2019, 08:37:48 AM
#34
actually in some bitcoin articles thousands of times have been declared dead as long as bitcoin exists, but in fact bitcoin until now still alive even had the extreme price in 2017, it cannot be denied that the ten things you mentioned were not as strong as people's desire to get a lot of profits in a short time, as long as human desire to make a profit in a short way and in a short time bitcoin will stay alive and keep moving up
sr. member
Activity: 1078
Merit: 340
January 12, 2019, 08:36:54 AM
#33
As long as blockchain technology is growing, we don"t have to worry about the current price.
Maybe bitcoin will be cheap later but I'm sure some crypto will survive and will be use worldwide later  Wink
legendary
Activity: 3080
Merit: 1292
Hhampuz for Campaign management
January 12, 2019, 06:52:26 AM
#32
-Rampant market manipulations
-No institutional money
Because of the fact that no institutional money has come in yet, the manipulation continues and the price that we did achieve last year 2017 was just because of the FOMO, after it reach the ATH, manipulators then again make some FUD to bring the price down and that's what we witnessed for almost the entire 2018.
-Regulatory roadblocks
Also that one is big, last year we have some serious of ETF rejection and it's already in the mind of the investors, if we will not get the approval this year, I'm afraid the price will continue to go down.

This question is where I would say 100% sure that the price will recover, just basing on the past price movement, bitcoin always recovers after a heavy dump.
-Will the BTC price recover?
full member
Activity: 938
Merit: 105
January 12, 2019, 05:39:34 AM
#31
the thing I hate the most is Fomo and Fud. this happens many times and causes panic.
the market responds very quickly and social media contributes to it so the market responds quickly.

Fomo and Fud perhaps will always be a part in crypto business pal. And the things we can do for it, is to ignore and make things in our mind will always be a positive. Though, those reason in the topic was really true and has a big impact to the majority here but we still need to be patience it maybe drop but it will going down into zero I'm sure about that. Because the whale investors won't allot it to be happen. Smiley
Probably yes because FOMO and FUD are the real things to consider and I hate it. Those activities were negatively affected by bitcoin's price and users. But I am looking forward to the bitcoin's ups again because soon, I expect and see that the bitcoin is slowly accepted by traditional businesses as a payment and also some of the banks started to accept it and consider it.
sr. member
Activity: 868
Merit: 289
January 11, 2019, 12:45:09 PM
#30
the thing I hate the most is Fomo and Fud. this happens many times and causes panic.
the market responds very quickly and social media contributes to it so the market responds quickly.

Fomo and Fud perhaps will always be a part in crypto business pal. And the things we can do for it, is to ignore and make things in our mind will always be a positive. Though, those reason in the topic was really true and has a big impact to the majority here but we still need to be patience it maybe drop but it will going down into zero I'm sure about that. Because the whale investors won't allot it to be happen. Smiley
full member
Activity: 448
Merit: 100
January 11, 2019, 11:37:01 AM
#29
You know you hit the bottom when everyone including your grandmother is saying BTC will hit $1000. We are at the opposite side of moon lambo
sr. member
Activity: 714
Merit: 250
January 11, 2019, 10:58:30 AM
#28
In my opinion it will grow in price, lately iv seen some news on btc acceptance in indian stores, however i dont think it will be likely for anyone to make money on it as it once was the case with bitcoin.

As long it will be accepted and allow to use on all kind of stores the demand of bitcoin will increase so if the demand will increase the price will increase as well. The massive adoption of bitcoin will might the reason to rise its price.
sr. member
Activity: 1344
Merit: 253
January 11, 2019, 10:57:00 AM
#27
For me whatever the reasons on that, I still believe that no one can be guessed when it does have to recover without us knowing it yet, I still don't know the global news about it fully, but I still believe that after there are such as a weakening news., there are still would be good news about that or affecting that, anyhow bitcoin is still in the middle of the road I guess.
therefore we must prepare from now on for a better future. indeed nobody knows when bitcoin will recover, but we are all sure that bitcoin will recover later. therefore invest now, and later we smile together
full member
Activity: 546
Merit: 101
★Bitvest.io★ Play Plinko or Invest!
January 11, 2019, 10:30:05 AM
#26
For me whatever the reasons on that, I still believe that no one can be guessed when it does have to recover without us knowing it yet, I still don't know the global news about it fully, but I still believe that after there are such as a weakening news., there are still would be good news about that or affecting that, anyhow bitcoin is still in the middle of the road I guess.
hero member
Activity: 1148
Merit: 528
January 11, 2019, 10:15:39 AM
#25
The bitcoin cash fork war was the biggest reason why bitcoin went from 6.5 thousand dollars to 3.2 thousand dollars and that can't be denied. Anyone who says that is not the reason for it is either ignorant or has ill intentions. However, the reason why bitcoin went from 20 thousand dollars to 6.5 thousand dollars was the hype. When price was around 900 dollars or so just in April-May of 2017 people believed that was not enough and we reached to 3-4 thousand dollars after couple of months, which was expected and quite sustainable and proper.

However, when the price went as much as 20 thousand dollars anyone with a bit of mind sold all their coins because it was impossible to keep bitcoin at those levels and it was obvious price would fall. So we dropped to 6.5 thousand dollars not because something bad happened but because we actually didn't deserved that 20 thousand dollars. From April-May of 2017 to today moved about x6-x8 or so which is actually great.
hero member
Activity: 1092
Merit: 501
January 10, 2019, 02:21:47 PM
#24
the thing I hate the most is Fomo and Fud. this happens many times and causes panic.
the market responds very quickly and social media contributes to it so the market responds quickly.
right, a lot of disappointment due to these activities. for those who have a lot of funds can easily move the market as desired. and for small investors, it will be very torment if they cannot follow the market
Most of the investors are withdrawing their money from cryptocurrency market because of their disappointment. They did not meet their expectations and that's why they became disappointed. They keep worrying to their investment due to the lack of focus and managing emotions.
That’s true that Market is the reason for this but I think we will have to move now and wonder who are the sources for this market cap. I think it’s us who use to buy bitcoin  at high price but they again sell at red. Panic selling is the reason behind market fall. So please avoid panic selling  so market will rise again.
member
Activity: 616
Merit: 11
January 10, 2019, 03:38:16 AM
#23
Crypto users will know that it was started by the bch fork causing the bitmain miners to switch to SV or ABC. This had a detrimental effect on bitcoin difficulty and the glut of bitcoin forced the price down
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