Pages:
Author

Topic: What caused Bitcoin goes down very hard recently? (Read 911 times)

newbie
Activity: 126
Merit: 0
of course no one knows when bitcoin will rise again but if you look at bitcoin graph year before year may end of year will back up
full member
Activity: 420
Merit: 100
Bitcoin is going down very hard till now after touch ATH last year. Any idea what caused it? And what the impact to other altcoins? Any opinion when bitcoin will be rise up again?

Feel free to answer my questions and thanks for your participation.

The only reason for bitcoins to lost its popularity is the fud or fake news that is generated by different individuals, the price is also increasing because of the popularity dealt by different social media's.
sr. member
Activity: 672
Merit: 250
certainly that causes the declining bitcoin price is by the number of negative news out there that concerns about bitcoin and other crypto currencies. but do not hesitate because bitcoin is now starting to push the price
member
Activity: 350
Merit: 11
yes because there is a big mafia who is playing so Do not be interested in Invest Bitcoin business on the internet now because it is better if we collect bitcoin by way of looking from the faucet but do not be afraid bitcoin prices continue to fall, while we are still using bitcoin because then bitcoin will continue to be valuable
member
Activity: 504
Merit: 11
I think the cause is that so many countries are banning bitcoin from being used in their country like China, so bitcoin investors in that country have to sell all its bitcoins and keep the price down. and the effects for altcoin I do not think there's any effect whatsoever, and the estimates for bitcoin rise again I think later in 2018
sr. member
Activity: 672
Merit: 250
Bitcoin is going down very hard till now after touch ATH last year. Any idea what caused it? And what the impact to other altcoins? Any opinion when bitcoin will be rise up again?

Feel free to answer my questions and thanks for your participation.
Dont bother about the price drops,because it always followed by price growth.

This is a normal scenario nowadays and we have no power to stop this,what we can do is just go witj the flow,dont put big investments just do it little by little and be particular in timing of investing
I agree! There's nothing wrong in determining the cause of how price goes down, because it gives us more awareness on how market moves, but I don't think it's helpful if we focus more on it, the more we can't think and decide creatively. The rise and fall in price is very uncertain, a lot of factors to consider like media influence and more. We can't control its movement but we can control our responses by taking a different path and make use of our time to be productive. By taking advantages on the dump, becoming more strategic, learning to deal volatility, and be positive that if things don't turn out to be good this time, it will find its way to be better the next time.
sr. member
Activity: 658
Merit: 250
There are number of reasons that led to the price drop, and within certain time interval it gets recovered which is the common thing. In specific there is none to give a perfect reason for the recent price drop, all that happening is unpredictable. At times we see growth at unexpected times. As a beginning the forward push has got initiated with the recent pump above $7500.
Indeed! No single factor that affects the price to fluctuate, it could be due to banning issue, fake information, and more. But I believe that instead of focusing on what causes the drop, it is more important to think positive, think for the better, keep calm, accept the fact that the presence of volatility is always there. It's our response to the situation that matters, it's the patience, the way we take a look at the brighter side even the situation is unfavorable, and our faith that market can soar high again, that it can get back on track.
legendary
Activity: 3234
Merit: 1214
Vave.com - Crypto Casino
There are number of reasons that led to the price drop, and within certain time interval it gets recovered which is the common thing. In specific there is none to give a perfect reason for the recent price drop, all that happening is unpredictable. At times we see growth at unexpected times. As a beginning the forward push has got initiated with the recent pump above $7500.
member
Activity: 238
Merit: 11
There are a multiple reasons to why the value of bitcoin goes down.
Panic sellers easily give in to wrong and false speculations, they raise the supply - the value depends on the demand/supply scheme.
Also because of the influence of the policies of their government which mostly is negative at present.

It has a great potential though, it will rise.
Not to worry especially if you are investing in the long-term.
full member
Activity: 1162
Merit: 168
Bitcoin is going down very hard till now after touch ATH last year. Any idea what caused it? And what the impact to other altcoins? Any opinion when bitcoin will be rise up again?

Feel free to answer my questions and thanks for your participation.
Dont bother about the price drops,because it always followed by price growth.

This is a normal scenario nowadays and we have no power to stop this,what we can do is just go witj the flow,dont put big investments just do it little by little and be particular in timing of investing
This is some really wise words and made me muster up courage again for supporting bitcoin. Indeed, we cannot go for changing the market all the way in few moments but all that is in our hands is to help bitcoin in doing so by keep investing into it. This is going to change our patience into a reward. It is better to stay patient over things that we cannot change than mourning over them and regretting.
hero member
Activity: 2744
Merit: 541
Campaign Management?"Hhampuz" is the Man
Bitcoin is going down very hard till now after touch ATH last year. Any idea what caused it? And what the impact to other altcoins? Any opinion when bitcoin will be rise up again?

Feel free to answer my questions and thanks for your participation.
Dont bother about the price drops,because it always followed by price growth.

This is a normal scenario nowadays and we have no power to stop this,what we can do is just go witj the flow,dont put big investments just do it little by little and be particular in timing of investing
member
Activity: 280
Merit: 10
There were many reasons for so but mostly the panic caused as many social media sites and even countries started banning the trade the demand drastically landed going down. Many countries marked it as an illegal trade too. So a lot of times it becomes hard for BTC to stay up and keep growing with stability. There is reason to believe that the recent downturn in the value of bitcoins has had a big impact on the continued ban in countries such as Japan, South Korea, China and India. In addition, the boom of bitcoin led to new investors joining the cryptocurrency-subjective. They collapsed when the bitcoin value plunged $ 3000- $ 5,000 just about 2 weeks. It made them scared and sold the BTC.
hero member
Activity: 1246
Merit: 529
CryptoTalk.Org - Get Paid for every Post!
There is many reason of bitcoin down very hard recently.The main reason is japan and korians buyers lack.Many country banned bitcoin for his country.Most importantly Asian all country say negative news about bitcoin.

Dude are you updated with the recent crypto news? Bitcoin by the way is currently in a positive trend and no recent fud came out from either of the coutries you've mentioned. And aside from mt gox issue, there hasn't been any considerable fuds this month
hero member
Activity: 2926
Merit: 640
The reason why the bitcoin price goes down very hard. Some of the people knows bitcoin that want to buy in a low price they are could whales. Whales is the people who have more holdings. They spread a news that want to down the bitcoin so the newbie or a weak hands people sell there bitcoin so the price is going down. And also the korea banned bitcoin.
Without the people who are getting greedy all the time and are so naïve when it comes to investment, the whales would not really be having a lot of moves in the market. However, we are still in the early stage where so many people would obviously want to tap from the whole idea and some would always want to get rich quickly and the latter are always the target in every market. Those who understand all these will always use the moment of dips to buy more.

Some of the whales spread a bad news about bitcoin. So the weak hands people scared about the news and sell there holdings.
It has always been their way and it would always be. Weak hands are there to serve that purpose for them and as long as that keeps happening, the whales will keep winning and getting richer while the weak hands keep getting poorer and complaining for the rest of their lives. One thing with the market is that it is still very volatile since we are still in the adoption phase and people keep getting greedy and that would keep making it highly volatile until further notice.
member
Activity: 336
Merit: 10
Some of the whales spread a bad news about bitcoin. So the weak hands people scared about the news and sell there holdings. And other country banned bitcoin so the community becomes less. The the bitcoin is still standing waiting of the correction and it will pump.
member
Activity: 336
Merit: 10
The reason why the bitcoin price goes down very hard. Some of the people knows bitcoin that want to buy in a low price they are could whales. Whales is the people who have more holdings. They spread a news that want to down the bitcoin so the newbie or a weak hands people sell there bitcoin so the price is going down. And also the korea banned bitcoin.
hero member
Activity: 924
Merit: 500
The fall of Bitcoin continued from December 2017 and should already stop. I hope that 6,500-7,000 USD is the bottom,
from which Bitcoin must pounce to start growing again. Experts promise the resumption of the uptrend in mid-April, as technical analysis
shows the formation of an upward wave. Perhaps we should buy Bitcoin at current prices to catch the train.
The price of the bitcoin now are not good. It's not rising up continuously but alternately, and because of this the price of the bitcoin are only stay at the range of 8,000$ - 8,500$ for me it is not a good price and i think the possible reason of the dropping low of the price is the investor will less and the market are not good
member
Activity: 252
Merit: 17
I guess no one really knows why bitcoin goes down very hard recently. I am sure that if someone who really knows what will happen to bitcoins price or value he is very wealth right now. Well in this kind of industry we do have different peoples and those different peoples have their different kind of thinking which come out of different ideas. So each one of us here have their own ideas on which things affect the price or value of bitcoin. What I am saying here is that no one knows why, when or how much it will increase or decrease it is all depending on what you believed in.
full member
Activity: 210
Merit: 100
Several factors played in this days price plummeting of the most popular cryptocurrency. Maybe because of those unpleasant news with respect to fears on regulatory crackdown; suspension of exchanges; banning from posting in facebook; issuance of waved of subpoenas and so forth. Also don't forget concerns about price manipulation of whales. But the most relevant factor i am seeing is that investors may just be ultimately loosing their trust that they can recover their capital that in turn a massive sell-off is the only notable thing to do.
full member
Activity: 490
Merit: 100
Don't doubt it.Bitcoins's price goes down only to rise.Most probably due to this fall in bitcoin's price,it will be become 1.5 times the current price Cheesy Cheesy


yes, everybody, who is on this Forum has a belief that Bitcoin will go up again. By the way, today mass media publish more positive things about BTC, not only negative predictions.
Pages:
Jump to: