What causes Bitcoin to drop? - page 3.

cutiemolit

newbie

Activity: 179

Merit: 0

Quote from: rhana_ on April 24, 2018, 08:38:01 PM

maybe that's because the news of the Securities and Exchange Commission (SEC) United States investigating the Exchange and cryptocurrency other. regulator Japanese financial check the surprising Exchange main Japan, coinchek, the last week experience hacking, the fall of this happens the middle of a number of incident reviews - the new which seems to have surprised trust will digital currency.

There are lot of reasons why the price if Bitcoin drops. But it is the supply which is greater than the demand. So they don't have a choice but to sell Bitcoin in the lower price because less people buy Bitcoin. So we need to support Bitcoin in order for the price to go up again.

BennyK

member

Activity: 672

Merit: 14

The price of Bitcoin is determined by many factors which can be categorized into intrinsic and extrinsic. The intrinsic can be the whole ideology behind bitcoin which creates the demand thereby giving it a value. Once this intrinsic factor is tarnished perhaps by the false accusations from governments and banks (extrinsic), it puts fear in the people thereby warding off investors, hence limiting its demand on the market.
As bullish and advocates of cryptocurrency, it is our duty to also protect the legacy of Bitcoin and cryptocurrency in whatever means we can.

Sadlife

sr. member

Activity: 1400

Merit: 269

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.

rhana_

newbie

Activity: 124

Merit: 0

maybe that's because the news of the Securities and Exchange Commission (SEC) United States investigating the Exchange and cryptocurrency other. regulator Japanese financial check the surprising Exchange main Japan, coinchek, the last week experience hacking, the fall of this happens the middle of a number of incident reviews - the new which seems to have surprised trust will digital currency.

BlockFolksHQ

member

Activity: 224

Merit: 10

Although bitcoin is known by public but its price still drop. There might be because there are rumors that bitcoin use to support terrorist and criminal. Besides, The depreciation of rate for USD also affect bitcoin's price.

Premooooo

jr. member

Activity: 280

Merit: 1

the cause of bitcoin why it crashes is because there are not so many investors nowadays not so much that investors are so high priced then.

lucian999

newbie

Activity: 144

Merit: 0

The reason why bitcoin has come down is because there are not too many investors nowadays unlike last year that bitcoin investors are so large that it is high.

carlisle1

hero member

Activity: 2744

Merit: 541

Campaign Management?"Hhampuz" is the Man

Quote from: Fairy_90 on March 29, 2018, 04:16:37 AM

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?

But today better we revised about this topic to WHAT CAUSES BITCOIN GROWS because the issue now is the growth of this crypto coin..that laundering and terrorist accusations will never gone since thats the negative issues about bitcoin that make this community more popular,and now were again pumping and looking for more of this for the next weeks

callmeback

jr. member

Activity: 182

Merit: 2

Im not really sure about it but i think its all because on how we manage the transaction of bitcoins. Although bitcoin fluctuations move rapidly, bitcoin is believed can resistant to all aspects of negative influences. so that even if the bitcoin value falls, but the bitcoin value will bouncing to the high value. One of these are the political changes through the new laws and the international relationship of different countries in the whole world. Another thing is the demand they received in their services which is very elastic.

rexona

full member

Activity: 420

Merit: 100

which makes bitcoin down is negative news, because if a lot of negative news on bitcoin, it will make bitcoin prices down, because many panicked beginner investors are selling bitcoin for fear of bitcoin falling lower, but actually more and more are selling bitcoin, it will make bitcoin prices are getting down.

Windybi

newbie

Activity: 54

Merit: 0

Currently I find that bitcoin is increasing pretty well. and it will be high in May. The only thing that can make a bitcoin fall is probably because big investors try to push prices down so they can buy them at low prices.

badakjawa

member

Activity: 336

Merit: 20

not just bitcoin currencies that could decline, even fiat currencies controlled by a local institution and also have a central could fall. although bitcoin fluctuations move rapidly, bitcoin is believed can resistant to all aspects of negative influences. so that even if the bitcoin value falls, but the bitcoin value will bouncing to the high value.

I will not comment much about the factors that affect the value of bitcoin fall, but the most influential is the rejection of bitcoin from some who do not like bitcoin.

Mercy21

newbie

Activity: 10

Merit: 0

Theres a lot of reason why bitcoin is go down, because some people , make scared of people ,telling lies , so people will go panic, everybody want to cash out there bitcoin .

zolfa

member

Activity: 518

Merit: 11

yes, you are right, but today the IMF is being nice to bitcoin and the crypto world. even christine lagarde praised the crypto world, she mentioned a lot of positive value about the crypto world, so bitcoin like get a little support to rise.

and the second point you mentioned is one big factor that makes the bitcoin value fall.

CryptoCoin8487

member

Activity: 218

Merit: 10

I AM HAPPY TO BE A TRADER

Usualy the causes if the drops of bitcoin is because of some people who want to cash out there money or convert it into altcoins of fiat money. The other cause also is a bad news in all around the world like hacking, banning crypto in some countrys and some also because of some whales dump there coins.

bitcoinking11

member

Activity: 378

Merit: 17

There have been a lot of negative news about bitcoin over the past few months. Which has caused the price to drop significantly. But, it didn't drop as low as some people had expected. It is because, bitcoin has been getting a lot of attention all around the globe and more and more people have been investing in bitcoin, which has caused the price to remain stable.

Glydel1999

full member

Activity: 350

Merit: 100

There are lots of reason why the market value of bitcoin drops down.
One of these are the political changes through the new laws and the international relationship of different countries in the whole world. Another thing is the demand they received in their services which is very elastic.

htsz_da12

member

Activity: 163

Merit: 10

More and more bad news about BTC comes out, and only people have bought BTC at a high price. The price of BTC has not been up.

kimochidesh

sr. member

Activity: 518

Merit: 257

The obvious reasons for the declining stage of Bitcoin are that the governments are holding a negative view about this cryptocurrency. Some say that they will be banning Bitcoin; however no country has still banned it except China. But the fear of this thing is enough to cause the users to sell their currency. Also, the price of Bitcoin is quite high for a common man to afford. But this is just a natural phase, which will soon be over.

Skizzewizzie

newbie

Activity: 81

Merit: 0

Supply surpasses demand and if there is not enough people buying bitcoin to balance out the supply then bitcoin value goes down and people panic and dump even more coins into the market.

Topic: What causes Bitcoin to drop? - page 3. (Read 662 times)