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Topic: What factors cause the fall in price of Bitcoin? - page 5. (Read 1032 times)

jr. member
Activity: 165
Merit: 1
W12 – Blockchain protocol
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.
legendary
Activity: 3654
Merit: 1165
www.Crypto.Games: Multiple coins, multiple games
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.
Whales are the biggest cause. The price falls down when more people sell than the number of people who buy.
For that to happen we need to have couple stuff, when for example whales buy shorts they need the price to go down which means we will have the price going down from all the pressure sell from whales.

Another one is miners, miners do sell their coins to cover the expenses and frankly just take more profit however if they stopped selling the price would go up. This is the reason why people believe during 2020 halving the price will be really high because miners will not be making that much money. Basically if the sellers have a reason to sell than the price will go down, if we can keep the sellers from selling for a reason than we can get the price higher.
full member
Activity: 938
Merit: 105
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.
Panic selling and other causes that you have said are not totally the mainstream of dropping crypto, that is the outcome of big whales work. Whales are repeatedly doing their works just to pull down the market drastically because they know that their strategy used is most profitable to them and that case followed by the demand and supply were bitcoin price either up or down.
jr. member
Activity: 151
Merit: 2
The main reason for the change in bitcoin price is purchasing power, but purchasing power is affected by many aspects such as news media and whales!
legendary
Activity: 2156
Merit: 1622
none of these are exactly cause of any meaningful size drop. usually the panic sells are only contributing to part of the drops ins small percentages but the drop itself is initiated for other reasons. and all of these things will only be a factor for short term not the long term. for long term the demand is still there driving the price upwards and it will be like this as long as there is increasing demand.

Agreed. Demand is increasing each day. Bitcoin is simply usefull. In japan you can go shoping with bitcoin wallet only. Its also usefull as store of value in hard crysis times. Knowing that the average life expectancy for a fiat currency is 27 years i fill more confortable holding BTC with part of my portfolio. But we dont know where is price based on actual real world demand. How manny on invesotrs bought BTC during bull run only to speculate on it and will drop it as soon as they get bored of stable price or will dump it as soon as btc will drop below 5k. Perhaps real world damand will hold BTC at 5k$ or 2k$ or 500$ but surelly will. And increasing demand will push it up and up creating next bull run and bubble. But its long term vision.
hero member
Activity: 2086
Merit: 994
Cats on Mars
Panic selling is what draws the price of Bitcoin so down to the drain.
Depending on how bing the panic selling is, it could only affect the price by very small margins, in the long-term, panic selling doesn't actually cause the price to drop. Besides, we're at the point where the market got rid of a high % of panic sellers so there's no fear that they'll tank the price in the future.

The news of a hacked exchange site, 
Depends on which exchange got hacked. For instance, if a korean exchange got hacked (something that's been happening very frequently this year), it would hardly have an effect on the market. The story would be very different if a big exchange like Bitstamp or Bitfinex got hacked since they're among the big exchanges in the cryptosphere.

false news from governments, banks and the media, a Bitcoin advocate country later banning Bitcoins etc.
Most of time they're nothing FUD and they hardly create the effect wanted by the malicious people behind them since the market doesn't seem to care about negative or positive news at this point.
legendary
Activity: 1638
Merit: 1163
Where is my ring of blades...
none of these are exactly cause of any meaningful size drop. usually the panic sells are only contributing to part of the drops ins small percentages but the drop itself is initiated for other reasons. and all of these things will only be a factor for short term not the long term. for long term the demand is still there driving the price upwards and it will be like this as long as there is increasing demand.
sr. member
Activity: 672
Merit: 271
Not one, but there are many factors that affect the prices of these volatile crypto coins. Moreover, the FUD that media creates in the minds of the people., creates panic throughout the community and leads to a disturbed atmosphere. Such kind of panic is completely disgusting for everyone else in the community. So now your question what causes the fall in the price of the bitcoin...the exact reason cannot be predicted, because price changes is the result of various market factors affecting the BTC price, so you cannot just fix responsibilty on one stupid reason!
newbie
Activity: 14
Merit: 1
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.
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