Topic: what are the causes of the continuous plunge in Bitcoin? - page 2. (Read 1494 times)
there are so many causes of falling bitcoin prices, I think those who managed to buy bitcoin at low prices and sell them at high prices and hackers who managed to steal bitcoin on bitcoin mining sites and cryptocurrency markets
Well, it's almost always because of supply in the market. The more supply people have in the market, the lower the price is. When people sell their coins it contributes to the price going down. That is why we should just hold in to our coins, the more people buying and holding the higher and more stable the price is.
Sensitive time people are very alert. Unconscious rush leads to poor results. Need to create your habits to adapt to the market. The best way for the unprofessional, it should store it to wait more time to sell.At least, for someone that is investing for the future and understands the importance the space brings, they will find it easy to HODL. The continuous plunge so far still balls down to the manipulations as well as a lot of weak hands in the market. It was expected after the last year's bull run anyway and we all know how it could not be sustained.
Market that is driven based on speculations will always act this way.
I think whales play a major role in pump and dump of the bitcoins.
Well, it's almost always because of supply in the market. The more supply people have in the market, the lower the price is. When people sell their coins it contributes to the price going down. That is why we should just hold in to our coins, the more people buying and holding the higher and more stable the price is.
Sensitive time people are very alert. Unconscious rush leads to poor results. Need to create your habits to adapt to the market. The best way for the unprofessional, it should store it to wait more time to sell.At least, for someone that is investing for the future and understands the importance the space brings, they will find it easy to HODL. The continuous plunge so far still balls down to the manipulations as well as a lot of weak hands in the market. It was expected after the last year's bull run anyway and we all know how it could not be sustained.
Market that is driven based on speculations will always act this way.
The market most follow the way it went up down and of a truth we have to prepare for this. Last year we were saying why is the market going up the way is doing and many were saying then that we should expect a fall.
the bad news , also the issues that market being hacked and everyone will make everyone fear to hold bitcoin , that the causes of plunge in bitcoin i think
The causes are not far fetched.
There is the big market players factor: prices are being manipulated by whales.
Unfounded rumour about government interference.
Negativitity from investors and traders.
Spreading of fud.
The high volatility nature of bitcoin.
There is the big market players factor: prices are being manipulated by whales.
Unfounded rumour about government interference.
Negativitity from investors and traders.
Spreading of fud.
The high volatility nature of bitcoin.
Bitcoin just like Forex react to either positive or negative news. Unfortunately, there hasn't been much positive this year and hence, the continuous downward price movement this year. Hopefully, the ETF will get approved, perhaps that would bring the much anticipated bull run.
I'm totally against Bitcoin ETF to be honest, its just open to market manipulation. Remember that you actually don't own the private keys, its the custodian who will make the trade on bitcoin. So who ever that custodian will be powerful and can totally manipulate the price on their favour.
I know ETF would bring about a lot of institutional investors into the space, but as you said, it would just make the space even more manipulated than it already is.
Nowadays, too many people lose confidence in the cryptographic market, so they have withdrawn usd to invest in other fields, so the number of people leaving the market is quite high.
yes, the current condition is indeed experiencing it like that, because the current situation is getting lower, making that person's trust also decrease. so we don't blame people, because conditions are getting longer like this.
Negative news and dump are the two most influential things with the decline in bitcoin prices. these two things are usually interrelated, if there is negative news there is a high probability that a dump will occur.
Fiat currency typically falls in value about 5% a year or more. I know friends father used to work for 25-cents per hour in the late 1930's, on which was enough to live - try doing that now.
No fiat currency has ever lasted more than several hundred years and often less. This is a fact. Check the history books for confirmation of this.
Hodl Bitcoin for several years, don't panic. Bitcoin will far outpace any fiat money of any country. Look at history if you need proof of how fiat currency always becomes worth zero if not made of gold or silver.
No fiat currency has ever lasted more than several hundred years and often less. This is a fact. Check the history books for confirmation of this.
Hodl Bitcoin for several years, don't panic. Bitcoin will far outpace any fiat money of any country. Look at history if you need proof of how fiat currency always becomes worth zero if not made of gold or silver.
In past several months, bitcoin always got negative news and people panic with that news. Bitcoin had hard time in 2018 and not like 2017 when bitcoin price jump to highest price. But right now peoples realize that panic sell is unnecessary and holding bitcoin have more advantages
Asides the news, the plunge is just more of an aftermath of the crazy bullish rally that occurred throughout last year ending, and this is just more like a result of it. The news is just more like an added fuel to the fire that is already about to burn hugely anyway. Panic selling is never necessary since the market will always recover eventually anyway, and I see no reason why anyone should be so worried about something that sure has a future.
It is just blend of many things all together starting from the FUD creators news, to FOMO news and ending up with the current affairs like SEC decisions etc. These kind of news will coming in the future too and depending upon the intensity of the news whether it is more positive or negative one can say that the fluctuations will also occur in the similar ways only. Checkout any plunge in the past or present and you will see that the news is big influencer of this thing and thus may damage the bitcoin health badly. If you see such news then be prepared to catch the fish.
this is because some investors do panic sell and sell bitcoin they have, this makes things worse because it can make bitcoin price down.
it is a trick of trading by seeing a downward trend of big opportunities for large traders who will buy at low prices, and will definitely cause prices to rise again and big business people will get big profits. it is one of the ways traders control prices and play prices sometimes in an incorrect way. 
Well, it's almost always because of supply in the market. The more supply people have in the market, the lower the price is. When people sell their coins it contributes to the price going down. That is why we should just hold in to our coins, the more people buying and holding the higher and more stable the price is.
Sensitive time people are very alert. Unconscious rush leads to poor results. Need to create your habits to adapt to the market. The best way for the unprofessional, it should store it to wait more time to sell.At least, for someone that is investing for the future and understands the importance the space brings, they will find it easy to HODL. The continuous plunge so far still balls down to the manipulations as well as a lot of weak hands in the market. It was expected after the last year's bull run anyway and we all know how it could not be sustained.
Many factors influence the decline in bitcoin prices ranging from hackers, bitcoin mining since 2013 and sites that provide bitcoin for free and also people who managed to buy a lot of bitcoin when the price of bitcoin is still $ 150- $ 300 and still and all that has just sold it now so it's quite difficult to restore bitcoin prices because it requires many new investors.
maybe this has an impact on global economic issues, some countries are experiencing an economic crisis and weakening of currencies in some countries is the impact of the withdrawal of crypto community assets in countries affected by the economic crisis.
Ane juga tidak menyangka kenapa harga terus menurun semua sulit menebak..bukankah akibat persaingan yg sangat alot atau pasar yg tidak menentu mungkin saja nasib yg belum beruntung.
In past several months, bitcoin always got negative news and people panic with that news. Bitcoin had hard time in 2018 and not like 2017 when bitcoin price jump to highest price. But right now peoples realize that panic sell is unnecessary and holding bitcoin have more advantages
Bitcoin just like Forex react to either positive or negative news. Unfortunately, there hasn't been much positive this year and hence, the continuous downward price movement this year. Hopefully, the ETF will get approved, perhaps that would bring the much anticipated bull run.
I'm totally against Bitcoin ETF to be honest, its just open to market manipulation. Remember that you actually don't own the private keys, its the custodian who will make the trade on bitcoin. So who ever that custodian will be powerful and can totally manipulate the price on their favour.
For current market movements no one knows for sure the true cause and of course this is a lack of demand, it's not easy to encourage people to buy back Bitcoin at a fairly cheap price now, the news isn't too strong to support it all, maybe some people are afraid of ETF decisions that lead to rejection, whereas before prices start pumping back in public enthusiasm awaiting the first ETF's decision, don't expect more for ETFs, just focus on markets that might take time to return to bullrun.
Nowadays, too many people lose confidence in the cryptographic market, so they have withdrawn usd to invest in other fields, so the number of people leaving the market is quite high.
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