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Topic: What causes Bitcoin to drop? - page 2. (Read 662 times)

legendary
Activity: 2170
Merit: 1427
June 06, 2018, 08:01:45 AM
People not morgaging their houses anymore Smiley It was a huge hype, just wait for more adoption in a year or two and the market will rise naturally.

I'm sure that some people might have done it, but the media always likes to exaggerate everything related to Bitcoin. How often do you see the mainstream media report about how especially in Asia, people lose their entire mortgage loan on the stock markets there? I don't ever get to read or see anything about it in the media here, and that while the amount of money that people lost there is in the trillions.

The mainstream media sources are mostly all part of a main company listed on whatever stock exchange, so they don't bother to report about it because it would only work against them. People taking out mortgage loans will help them boast their stock value in the end. To add; more than half of the stock market is bought up with debt, which is quite worrying development. It's nothing new in the end, but the difference is that the debt to non debt capital ratio that's invested in stock market has exploded. It can't and won't end well.
jr. member
Activity: 137
Merit: 1
June 06, 2018, 07:42:53 AM
which causes bitcoin prices to fall is a issue of negative issues in the news. and lack of supply and demand. this is what causes bitcoin prices to fall. but you do not need to panic because it will be back to stable again.
newbie
Activity: 62
Merit: 0
June 06, 2018, 06:35:54 AM
#99
People not morgaging their houses anymore Smiley It was a huge hype, just wait for more adoption in a year or two and the market will rise naturally.
member
Activity: 238
Merit: 10
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June 06, 2018, 06:34:48 AM
#98
if according to the news I get. the cause of the bitcoin falling.
-after Google, Facebook and Twitter banned ads that smelled of ico.
- in Korean state restrict transaction using crypto to its people .
if the matter To fund terrorists and for other crimes it depends on each person's personality ..
Yeah that's true but that's only part of the reasons and we don't know what behind on this price downfall after it reached at $19k. Although bad news and FUD has a great factors of the downfall. Maybe their's a price manipulation by those whales as they can afford to do that as they have owns much bitcoins. Anyway, we should not to worry as the market will recovers soon.
hero member
Activity: 2716
Merit: 552
June 06, 2018, 05:46:55 AM
#97
The bitcoin price has fallen sharply as it is not profitable so it can not be priced in the way that most other assets can be priced. While a commodity such as gold can be used to create something of value, a Bitcoin is always left in a computer.

What does that even mean?  Are you a kind of a frustrated bitcoin investor who lost a lot of money because of its volatility? If you look closely at how profitable bitcoin tahn gold even in a situations where the market is falling , if you just know how to play with the market fluctuations. Im not even saying that gold and other assets except bitcoin could not be profitable, but what I believe here is, Bitcoin is the most profitable asset today.
newbie
Activity: 12
Merit: 0
June 06, 2018, 05:23:26 AM
#96
The bitcoin price has fallen sharply as it is not profitable so it can not be priced in the way that most other assets can be priced. While a commodity such as gold can be used to create something of value, a Bitcoin is always left in a computer.
full member
Activity: 518
Merit: 101
May 07, 2018, 08:39:04 AM
#95
Market value fluctuation of bitcoin and the rest of cryptos is natural due to corrections, people selling their cryptos at a lower price, other whales who are selling their holdings also contributed to bitcoin price to go down.
hero member
Activity: 1820
Merit: 515
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May 07, 2018, 02:34:25 AM
#94
actually it's not just that problem that causes bitcoin prices to fall. there are still some factors that cause bitcoin prices to fall. the factors that most affect the price of falling bitcoin are the people or the users and the investors themselves in my opinion. if the people themselves hear the news or negative news, surely they will immediately panic and sell it and cause the price will decrease again. try it if people do not panic when hearing bitcoin prices fall, or hear facebook, google, and twitter prohibit bitcoin. falling prices will not fall very deep as happened in the last days.
Yes,panic sell is the main reason for the price fall in bitcoin and investors are just trapped by the whales in this case they want to make the bitcoin price lower so they will initiate the price g=fall by selling decent amount pf bitcoin which causes the pnic resulted in huge fall then the later whales will buy the bitcoins at the lower price.
member
Activity: 546
Merit: 17
May 07, 2018, 02:28:10 AM
#93
actually it's not just that problem that causes bitcoin prices to fall. there are still some factors that cause bitcoin prices to fall. the factors that most affect the price of falling bitcoin are the people or the users and the investors themselves in my opinion. if the people themselves hear the news or negative news, surely they will immediately panic and sell it and cause the price will decrease again. try it if people do not panic when hearing bitcoin prices fall, or hear facebook, google, and twitter prohibit bitcoin. falling prices will not fall very deep as happened in the last days.
sr. member
Activity: 980
Merit: 255
May 06, 2018, 12:51:48 PM
#92
There are two key factors affecting Bitcoin, which have triggered a recent sellout. Bitcoin has never been relieved of its involvement in money laundering and terrorist financing, and that connection was once again referred to by IMF president Christine Lagarde as she urged home. Managers around the world attacked bitcoin for this reason. At present, Bitcoin is just going down, not completely broken down. The second offender behind the bitcon depreciation is causing more anxiety for investors. Google has followed Facebook in prohibiting pre-encoded ads and ICOs. Makes pre-coding lose value.
What is your opinion?
The accusations against bitcoin of being a tool used by criminals are nothing new and are just a way to distract the public of the truth that bitcoin is a superior currency that no one controls directly, if the accusations were enough to bring down bitcoin then we will need to destroy every single technology created by humans because it could be used to do horrible crimes, and the second reason that you give has no relationship with bitcoin whatsoever, bitcoin has no relationship with icos and the coin most widely used to buy into icos is ethereum not bitcoin.
newbie
Activity: 83
Merit: 0
May 06, 2018, 09:29:43 AM
#91
Bitcoin price lowers because of the bad news about it. There are many news incorporated in bitcoin that it was used in different illegal activities. I also thought that because the demand in bitcoin is low but it has a lot of supply, bitcoin will be in lower price.
hero member
Activity: 1246
Merit: 529
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May 06, 2018, 07:05:27 AM
#90
Where do you expect the price to go after pumping for almost an year? Bitcoin was just going through a correction and no amount of positive or negative news could have prevented that. Market corrections are very necessary as they bring the price down to saner levels instead of over valuating something.
so many reasons are there which can cause the bitcoin price to drop, in fact when there are some bad news in bitcoin market then its price fell down but such decrease in bitcoin price is for temporary, and very soon bitcoin price can recover is position, i think that bitcoin price is still expected to increase too much.

Well whatever the reason is, because we won't be able to pinpoint everything, dropping prices will happen and it will happen a lot. Manipulation, fud, natural correction, all these can make the price drop.
full member
Activity: 253
Merit: 100
May 06, 2018, 06:31:59 AM
#89
Where do you expect the price to go after pumping for almost an year? Bitcoin was just going through a correction and no amount of positive or negative news could have prevented that. Market corrections are very necessary as they bring the price down to saner levels instead of over valuating something.
so many reasons are there which can cause the bitcoin price to drop, in fact when there are some bad news in bitcoin market then its price fell down but such decrease in bitcoin price is for temporary, and very soon bitcoin price can recover is position, i think that bitcoin price is still expected to increase too much.
newbie
Activity: 252
Merit: 0
May 06, 2018, 05:36:29 AM
#88
The Indian government does not recognize the virtual currency as a legitimate means of payment. The government will also take steps to reduce the use of crypto assets in accessing forbidden information including criminals. when investors in India heard of it, bitcoin volality went down and prices fell.
member
Activity: 154
Merit: 10
May 06, 2018, 04:39:20 AM
#87
I am not really sure about this thing but all I know is that the market value of a crypto such as bitcoin is dependent with the demand. Suc h that whatever is happening to the demand will be reflected to the market price of it.
hero member
Activity: 658
Merit: 503
April 24, 2018, 10:00:01 PM
#86
Where do you expect the price to go after pumping for almost an year? Bitcoin was just going through a correction and no amount of positive or negative news could have prevented that. Market corrections are very necessary as they bring the price down to saner levels instead of over valuating something.
sr. member
Activity: 588
Merit: 254
April 24, 2018, 09:44:33 PM
#85
My opinion is that the whales trying to lower down bitcoin price and have cash out from their investment because they might have meet they're desired price and will reinvest. Other causes might be japan exchanges ceasing operations, US taxing trading exchanges and facebook and google banning ads for crypto currencies and FUD news.
It is possible if the whales try to manipulate market. But Bitcoin is too vulnerable that a fake news sometimes affect it's price when people start panic selling.
hero member
Activity: 2268
Merit: 789
April 24, 2018, 09:43:53 PM
#84
My opinion is that the whales trying to lower down bitcoin price and have cash out from their investment because they might have meet they're desired price and will reinvest. Other causes might be japan exchanges ceasing operations, US taxing trading exchanges and facebook and google banning ads for crypto currencies and FUD news.

Bitcoin whales certainly have a factor contributing to the decrease in the price of bitcoins as they control most of the market due to the law of supply and demand. If they increase the supply by selling most of their coins, they would be able to manipulate the demand, thus lowering its price. You do also need to consider that government prohibitions among hegemonic countries affect the price of bitcoins to a certain degree. Lastly, media hypes the bitcoin over but it also influences most new and old investors to diversify their investments into different altcoins, which in return, affects the price.
full member
Activity: 582
Merit: 101
April 24, 2018, 09:33:42 PM
#83
if according to the news I get. the cause of the bitcoin falling.
-after Google, Facebook and Twitter banned ads that smelled of ico.
- in Korean state restrict transaction using crypto to its people .
if the matter To fund terrorists and for other crimes it depends on each person's personality ..
member
Activity: 336
Merit: 12
April 24, 2018, 09:25:41 PM
#82
my opinion is because the google party can not predict the future of cryptocurrency will be like what but according to google has seen quite a lot of customer losses and potential dangers for customers in the sector that we are very careful in handling it.
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