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Topic: What caused Bitcoin goes down very hard recently? - page 7. (Read 911 times)

member
Activity: 133
Merit: 10
Perhaps this decline is due to many investors who monitor the warnings from a number of regulators and increased crackdown on the cryptoecurrency market in China. Because, I think, can not deny that China has a major influence on the cryptoecurrency market. And when seen again, this decline does not only occur in bitcoin alone, but this news also affects other altcoins such as ethereum and ripple Which also decreased in price.
full member
Activity: 196
Merit: 101
I think the reason why Bitcoin goes down, because the Facebook is banning the ads about cryptocurrency and the other reason is many countries banning the cryptocurrency. They ready to do more regulation and many people are being panic.
member
Activity: 322
Merit: 11
Tontogether | Save Smart & Win Big
I even read somewhere that the biggest bank in the UK is banning all transactions to crypto... But again, how do we know if any of this news is even remotely correct? Fake news isn't a scarcity in 2018
member
Activity: 322
Merit: 11
Tontogether | Save Smart & Win Big
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.
Due to china banned all cryptocurrencies and blocking access to both domestic and foreign services and USA also banned credits card customers from buying cryptocurrencies, India and south korea fuds, this is the reasons why the market's is down.

I kinda believe this is a strategy to get everyone to sell so that once the market is cheap enough, these countries will buy in and take control... and try to take power over us like they have done so in the past. That's why I am pushing for people to HODL
member
Activity: 322
Merit: 11
Tontogether | Save Smart & Win Big
I think this is the result of panic in the entire cryptocurrency market.
All countries are ready to do more regulation of the cryptocurrency market, while facebook has banned the advertising of ICO, and the recent bad news has been too much, and everyone has lost confidence.

Yeah, FUD. I thought so... It saddens me. People give their power away to fear all too much
full member
Activity: 224
Merit: 101
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.

I think bitcoin is going down because some other  currency banning  in  they're country. that the cause of bitcoin currencies going down in the market.

China started it and then there is this statement that is made by the Indians about crypto currency that is said that fuel up the dump. I do not know if this really is the reason but all we know is that dumps commonly happen on digital currency, in time it will currently pump, we just need to wait for it.
hero member
Activity: 966
Merit: 515
One of the world's leading Bitcoin-powered casinos
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.
Currently the market of the cryptocurrency facing big dump , but we should not forget that the people who are withdrawing Thier money from bitcoin are putting back in the another coin like etherium , dash which are a big part of the cryptocurrency work economy .
Here we need just to see the factors that usually happen in the cryptocurrency market i.e when price of bitcoin will up then altcoins get down and vice versa .
Here the down in the Bitcoin's price is only due to that reason of the negative news that we coming day by day , but still many positive factors are running in this field , so wait for few weeks until we came across the big pump ( i.e increase in demand rapidly after numbers of positive news ) .
sr. member
Activity: 882
Merit: 251
Pretty certain it's due to Asia banning crypto? Am I wrong?

Asia did not ban Bitcoin or crypto at all. They just made some restrictions and offered people who are in crypto to pay taxes for it. They also said they would be very strict with those, who use virtual money for criminal purposes.
member
Activity: 279
Merit: 11
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.

I think bitcoin is going down because some other  currency banning  in  they're country. that the cause of bitcoin currencies going down in the market.
sr. member
Activity: 434
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?
There are many factors that contributed this crash,as you know the price was having a bear run last year without even looking back and the price was soaring like anything and we need to have a correction every now and then to have a sustainable and healthy market,fear of ban and regulations have caused this panic situation.
full member
Activity: 294
Merit: 101
There is a very important milestone in the US tomorrow. Tuesday 2-6 Congressional Meeting on Cryptocurrencies.

The Senate Banking Committee will take testimony from Commodity Futures Trading Commission Chairman Christopher Giancarlo and Securities and Exchange Commission Chairman Jay Clayton.

full member
Activity: 196
Merit: 102
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.
you may ask, what is causing the decline in the value of this bitcoin digital currency. to understand that, one simple example is ,, if the quantity of a thing is a little then surely its value is high ,, and vice versa
member
Activity: 602
Merit: 10
For me bitcoin goes down hard recently simply because it is getting more and more stronger and a high also in price quickly. The effect is, most people interested on it,  investing, thats why bitcoinworld is wider and wider than others
full member
Activity: 485
Merit: 105
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.
Due to china banned all cryptocurrencies and blocking access to both domestic and foreign services and USA also banned credits card customers from buying cryptocurrencies, India and south korea fuds, this is the reasons why the market's is down.
newbie
Activity: 84
Merit: 0
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.
Bitcoin’s price goes up. People are tempted into buying Bitcoins for FOMO and because everyone else is going long too.Bitfinex sells you Bitcoin and other crypto for real money, charging you fees for transactions.cryptocurrency created out of thin air by Tether and then transferred to exchanges like Bitfinex where it’s used to go long on Bitcoin.so greatly amplifying the effect.
hero member
Activity: 1344
Merit: 502
I would say due to the fights against bitcoin
in various country that could cause the price
to be so low, the government are trying to control
this virtual currency called bitcoin in may ways.
member
Activity: 686
Merit: 30
a wumbo combo bad news that cause Bitcoin goes down , and i think the facebook ( mark ) banned about crypto ICO is the most part that make this crypto go down
member
Activity: 280
Merit: 10
Bitcoin price increases for all the possibilities mentioned. Suddenly, if any fraud or fraud is detected, its price decreases. Again, if any country is declared illegal, or if a country is in favor of this currency, the prices will get reduced or increased momentarily. The price is very much a psychological phenomenon of people. Then there are other sign currency positions. If news, Etherium or Ripple will be future coin, then Bitcoin will be reduced. Bitcoin prices rise due to these reasons. In this case, the profiteer big crocodile investor can invest a lot of time by increasing the price of Bitcoin, and suddenly it can bring down all the money.
member
Activity: 406
Merit: 13
There are a lot of dumpers who are holding bitcoins that resulted for bitcoin to have less value  . Just like what happened in one country wherein most of the holders of bitcoin sell their tokens because of the fraud news that they've heard spreading all over social media. Bitcoin users must hold patience and trust also in order to achieve what they perceive on their future. We have to double check, validate and do our researches especially when there are news that come up pertaining to bitcoin.
jr. member
Activity: 294
Merit: 1
Staker.network - POS Smart Contract ETH Token
A lot of bad things happens in crypto world that affects the price of BTC. But I am still positive and hoping that it will all ends.
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