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Topic: What factors cause the fall in price of Bitcoin? - page 4. (Read 1032 times)

member
Activity: 350
Merit: 11
Well I think what have you proven indeed can be the factors, but it's also can be caused by trend in the society. People are tend to 'have the same thing' in their daily activities or the same thing to keep so, the demand increase while the price is low.
member
Activity: 518
Merit: 21
we have also huge investors that controls the market. The BTC market price could not be able to go higher for the these investors would definitely make a way to pull down its market price. The cheaper the market price for crypto, the easier it would be controlled. If crypto market price is high huge investors could not move the market of that crypto for it needs another huge investment before they could do so.
full member
Activity: 644
Merit: 100
Panic selling is what draws the price of Bitcoin so down to the drain. Any event which leads to panic selling of Bitcoin can be considered as a contributing factor. The news of a hacked exchange site, false news from governments, banks and the media, a Bitcoin advocate country later banning Bitcoins etc. All these factors contribute to the fall in price of Bitcoin on the market.

In my own opinion, the factors affect the cause of falling in price of bitcoin is selling, buying and investors. Selling if they continue to sell their coins it is the point that possible bitcoin price could be downfall especially if they were panic selling. Buyers some bitcoin users buy bitcoin if the price is in down they are just leveraging the price to have more bitcoin. Investor if we have more investors then it has a big chance to support our project and it will be success and popular.
legendary
Activity: 3234
Merit: 1399
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Panic selling is what draws the price of Bitcoin so down to the drain. Any event which leads to panic selling of Bitcoin can be considered as a contributing factor. The news of a hacked exchange site, false news from governments, banks and the media, a Bitcoin advocate country later banning Bitcoins etc. All these factors contribute to the fall in price of Bitcoin on the market.
I think that the market was bound to go down with all that rapid growth of the past, but the fact that it's been almost a year is really disturbing. You are probably right that the reasons are not actually significant, it's mostly FUD and half-fake stuff or some ETF applications getting rejected and famous companies or people saying stuff. IMO it doesn't make sense, because justified price decreases come from revealed technical issues and perhaps some crypto (not ICO!) bans from major countries. The only thing that really surprised me and was good enough to make the price go down (though I am not sure it did) was news on 0.1btc being created out of nowhere due to some bug in the core. The bug was fixed, but it irreversibly changed my view of cryptos.
member
Activity: 490
Merit: 28
Panic selling is what draws the price of Bitcoin so down to the drain. Any event which leads to panic selling of Bitcoin can be considered as a contributing factor. The news of a hacked exchange site, false news from governments, banks and the media, a Bitcoin advocate country later banning Bitcoins etc. All these factors contribute to the fall in price of Bitcoin on the market.
Yes, that is the main factor in the decline in Bitcoin prices. The tremendous panic experienced by Bitcoin users because there is a statement about banning the use of Bitcoin so that the price of Bitcoin decreases. This is unavoidable because the price of Bitcoin is strongly influenced by the demand factors in the market.
The crazy thing to all these is that there will always be tremendous panic until people start seeing the real value in terms of usage in bitcoin and having their focus and mind set on that aspect. We all know how things have been in the past with a lot of speculation and hype going on, people getting greedy and then we all get some huge corrective phase.

Sure, this is a young market and this should be expected, which I believe in the long term, things would probably change for the best. Reduction in value though is a normal thing in every market and it is usually termed correction and people get used to that fact that this is not just something that is basically applicable only to the crypto space alone.
Basically when  there's something bad things happen, any stock market the are sudden price down  because of panic selling or dumping, but as for now I see the price stabilize or in equilibrium, hopefully this is the starting point, to launch back because of some improvements to security and other matters.
legendary
Activity: 1288
Merit: 1036
Panic selling is what draws the price of Bitcoin so down to the drain. Any event which leads to panic selling of Bitcoin can be considered as a contributing factor. The news of a hacked exchange site, false news from governments, banks and the media, a Bitcoin advocate country later banning Bitcoins etc. All these factors contribute to the fall in price of Bitcoin on the market.
Yes, that is the main factor in the decline in Bitcoin prices. The tremendous panic experienced by Bitcoin users because there is a statement about banning the use of Bitcoin so that the price of Bitcoin decreases. This is unavoidable because the price of Bitcoin is strongly influenced by the demand factors in the market.
The crazy thing to all these is that there will always be tremendous panic until people start seeing the real value in terms of usage in bitcoin and having their focus and mind set on that aspect. We all know how things have been in the past with a lot of speculation and hype going on, people getting greedy and then we all get some huge corrective phase.

Sure, this is a young market and this should be expected, which I believe in the long term, things would probably change for the best. Reduction in value though is a normal thing in every market and it is usually termed correction and people get used to that fact that this is not just something that is basically applicable only to the crypto space alone.
legendary
Activity: 3654
Merit: 1165
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Panic selling is what draws the price of Bitcoin so down to the drain. Any event which leads to panic selling of Bitcoin can be considered as a contributing factor. The news of a hacked exchange site, false news from governments, banks and the media, a Bitcoin advocate country later banning Bitcoins etc. All these factors contribute to the fall in price of Bitcoin on the market.

All of these are indeed true and we called it bearish market in which when the people will panic and will lose interest to invest in Crypto currencies then it will make the real demand for Crypto currency investment to decrease. Hopefully the market will bounce back now so that the bullish market will take over making the people confidence of investing will come back again.
Bearish is something that comes around after a bullish movement. It happens everywhere and even in more matured markets such as stock as we are having it presently with the downtrend, except that the level of volatility is incomparable to that of the crypto space. However, we also have to understand that crypto space is not even up to a decade and the truth remains that each and every day things are improving. We may not be where we want to be yet but we are not where we used to be.

Volatility and corrections we see now are normal, and over time as the market gets more matured, things will get even a lot better, but notwithstanding, correction is not something that will leave the market.
member
Activity: 262
Merit: 10
Panic selling is what draws the price of Bitcoin so down to the drain. Any event which leads to panic selling of Bitcoin can be considered as a contributing factor. The news of a hacked exchange site, false news from governments, banks and the media, a Bitcoin advocate country later banning Bitcoins etc. All these factors contribute to the fall in price of Bitcoin on the market.

All of these are indeed true and we called it bearish market in which when the people will panic and will lose interest to invest in Crypto currencies then it will make the real demand for Crypto currency investment to decrease. Hopefully the market will bounce back now so that the bullish market will take over making the people confidence of investing will come back again.

  I think by the lack of demand is one of the reason of falling price about bitcoin. Maybe because of a high market volatility and struggling the risky bearishness by this long months. Whereas affect many people, lost interest and trust on investing cryptocurrencies. Hopefully bitcoin could surpass and start to pump up soon.
hero member
Activity: 952
Merit: 503
Panic selling is what draws the price of Bitcoin so down to the drain. Any event which leads to panic selling of Bitcoin can be considered as a contributing factor. The news of a hacked exchange site, false news from governments, banks and the media, a Bitcoin advocate country later banning Bitcoins etc. All these factors contribute to the fall in price of Bitcoin on the market.
Many analysts and analyses are pointing towards good news and bad news or image of any product or about any product will directly affect value of that product.

But I think that it is actually demand rate that may reduce or increase with bad or good news respectively but the most prominent statement is to mention demand rate. The current price shows stability and this came as a result of the gap that has reduced between up and down movement.
full member
Activity: 714
Merit: 100
Panic selling is what draws the price of Bitcoin so down to the drain. Any event which leads to panic selling of Bitcoin can be considered as a contributing factor. The news of a hacked exchange site, false news from governments, banks and the media, a Bitcoin advocate country later banning Bitcoins etc. All these factors contribute to the fall in price of Bitcoin on the market.

All of these are indeed true and we called it bearish market in which when the people will panic and will lose interest to invest in Crypto currencies then it will make the real demand for Crypto currency investment to decrease. Hopefully the market will bounce back now so that the bullish market will take over making the people confidence of investing will come back again.
legendary
Activity: 1526
Merit: 1001
Panic selling is what draws the price of Bitcoin so down to the drain. Any event which leads to panic selling of Bitcoin can be considered as a contributing factor. The news of a hacked exchange site, false news from governments, banks and the media, a Bitcoin advocate country later banning Bitcoins etc. All these factors contribute to the fall in price of Bitcoin on the market.
Yes, that is the main factor in the decline in Bitcoin prices. The tremendous panic experienced by Bitcoin users because there is a statement about banning the use of Bitcoin so that the price of Bitcoin decreases. This is unavoidable because the price of Bitcoin is strongly influenced by the demand factors in the market.
legendary
Activity: 2730
Merit: 1288
What factors cause the fall in price of Bitcoin?


The only factor that causes price of Bitcoin to decrease is lack of demand. Supply is higher then is demand at the price that was in past so price drooped and supply and demand evened at lower price. No we wait that demand comes back so price moves o t higher level.

Nah, if supply was higher than demand then price wouldn't be stable for 3 months. Try again.

His questions were not what happened in last 3 months. His question was what caused the fall in price of Bitcoin. I did answered him that and I also answered what will cause the increase of price.
sr. member
Activity: 1414
Merit: 265
Pepemo.vip
Panic selling is what draws the price of Bitcoin so down to the drain. Any event which leads to panic selling of Bitcoin can be considered as a contributing factor. The news of a hacked exchange site, false news from governments, banks and the media, a Bitcoin advocate country later banning Bitcoins etc. All these factors contribute to the fall in price of Bitcoin on the market.

Mainly it was overpricing at that time, but also coming from all over the world news of government restrictions for using Bitcoin helped a lot in dump the price. We can not forget also about Facebook's ban on cryptocurrency ads, and that right after FB, this same made Google, Twitter, and Snapchat. In my opinion, that are the main reasons of panic in the cryptocurrency market.
legendary
Activity: 3472
Merit: 10611
the only reason for the last drop that bitcoin had in the initial 4 months of 2018 was the rise that it had in 2 months starting from December 2017 which basically was from $10k to $20k rise.

in other words we had a big and fast rise which led to a bubble and that bubble needed bursting. but unfortunately bitcoin being bitcoin when the bubble burst happened and price was corrected the panic sell didn't stop there and with the help of manipulation and other marginal markets and futures the price was pushed lower and lower until it reached the bottom 6 months ago and stayed there as the panic sell shrank away and the weak hands were flushed. and now we are at an underpriced state with a stable price for the past 2.5 months.
member
Activity: 308
Merit: 35
What factors cause the fall in price of Bitcoin?


The only factor that causes price of Bitcoin to decrease is lack of demand. Supply is higher then is demand at the price that was in past so price drooped and supply and demand evened at lower price. No we wait that demand comes back so price moves o t higher level.

Nah, if supply was higher than demand then price wouldn't be stable for 3 months. Try again.
legendary
Activity: 2730
Merit: 1288
What factors cause the fall in price of Bitcoin?


The only factor that causes price of Bitcoin to decrease is lack of demand. Supply is higher then is demand at the price that was in past so price drooped and supply and demand evened at lower price. No we wait that demand comes back so price moves o t higher level.
hero member
Activity: 966
Merit: 513
negative news, this is one of the factors that can make bitcoin prices fall. and negative news can also make investors panic sell, and this makes things worse.
The negative news are spread by media but real reason for price dump is big whales are sell at continuously in the market so market was turn to oppositely. It is directly affect the many crypto investers and many new investors are stay away in suddenly so market was move to backward. Bitcoin is the only ruling community so once it was automatically others also move backward. But we have still chance to recover everything, legalisation of Bitcoin and adoption of many industries is best way to improve the Bitcoin demand so all the causes are forgot suddenly and all are move to positive response in Bitcoin.
legendary
Activity: 3038
Merit: 1169
There are so many given factor here in the forum that makes bitcoin price fell down, panic selling is a common thing if there are people spreading FUD around the internet and most holders would just believe that certain negative news,

The banning of certain countries sometimes doesn't have a huge impact well it will depend on what country ban bitcoin if that country doesn't have much attention with bitcoin and there are just a small portion of people that hold bitcoin within it there is nothing to worry with the price because it would just slightly fell, But the issue of hacking has certainly a huge impact on the price, with the recent news of over a billion USD of amount of bitcoin that have been hack in an exchange made a huge crumble on the price, And back then the speculated floor for bitcoin had been penetrated,

And lastly, certain factor for the price to fall a huge sum that is not in your list was when whales would sell their bitcoins or exchange them to other currency this is something that will make the value of bitcoin shrink to a huge sum, Because sometimes not only 1 but a large scale of whales would just sell their bitcoin,
sr. member
Activity: 1624
Merit: 267
Many factors why bitcoin still dropping the value. And I think most of the reason is the panic seller who are selling their bitcoin even they not get back their capital. We can do a lot of factor to pump again bitcoin not to drop.
member
Activity: 308
Merit: 35
Panic selling is what draws the price of Bitcoin so down to the drain. Any event which leads to panic selling of Bitcoin can be considered as a contributing factor. The news of a hacked exchange site, false news from governments, banks and the media, a Bitcoin advocate country later banning Bitcoins etc. All these factors contribute to the fall in price of Bitcoin on the market.

This is a normal correction from a massive bull run and I am very surprised and impressed it has held above $6k to date. Since it's doing so much better than I would have thought, I'm starting to think maybe I'm wrong about sub $4ks next year.
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