Topic: What Happen With Bitcoin? What is the Reason for this huge drop? (Read 299 times)
Yes. Altcoins should die already that are worthless. They have been creating so many scams with pump and dump, it is time that they actually die forever now. Also, the reason for drop is uncertaininty and dumps by whales that want to pull the price down and buy altcoins for cheap.
February 06, 2018, 10:04:07 PM
Today is the worst day for every cryptocurrency holders. Because The more than Gold Coin, Bitcoin price has dropped incredibly. But why this is happening from the beginning of 2018? What is the actual reason for this drop?
Share your opinions.
Share your opinions.
The truth is that you don't have to look for huge reasons every time Bitcoin or the altcoins will fall down. That's too absurd a thing to do considering that we are involved in a very volatile market. We know there have been a lot of large spikes along the way. There were massive fluctuations in the Bitcoin market ever since its birth. These are being traded and so the demand is moving up and down resulting to the up and down of the prices as well.
The cryptocurrency market is even more volatile right now and all kinds of news may it be negative or positive will create a huge impacts on the market exchange. The bitcoin’s supply and demand also play a big role in the huge price drop.
February 06, 2018, 09:52:29 PM
Today is the worst day for every cryptocurrency holders. Because The more than Gold Coin, Bitcoin price has dropped incredibly. But why this is happening from the beginning of 2018? What is the actual reason for this drop?
Share your opinions.
Share your opinions.
The truth is that you don't have to look for huge reasons every time Bitcoin or the altcoins will fall down. That's too absurd a thing to do considering that we are involved in a very volatile market. We know there have been a lot of large spikes along the way. There were massive fluctuations in the Bitcoin market ever since its birth. These are being traded and so the demand is moving up and down resulting to the up and down of the prices as well.
February 06, 2018, 09:37:50 PM
The real reason for the huge drop in Bitcoin is not clear may be for a correction will be the huge drop of Bitcoin price since we check the graph of Bitcoin we can find a dip in price at the beginning and increase by November it is the fact found every year.In bitcoin there will be an upward increase and downfall this is natural try not to sell your Bitcoins now keep and wait. The decrease may be of some other reasons some government are trying to ban Bitcoin.
February 06, 2018, 08:47:01 PM
Today is the worst day for every cryptocurrency holders. Because The more than Gold Coin, Bitcoin price has dropped incredibly. But why this is happening from the beginning of 2018? What is the actual reason for this drop?
Share your opinions.
Share your opinions.
I think there's a lot of bad news about the bitcoin, some countries started banning the use of the bitcoin. This that makes negative about bitcoin. Many owners of the bitcoin panic even lose confidence and start selling on bitcoin bitcoin.
February 06, 2018, 06:50:40 PM
Today is the worst day for every cryptocurrency holders. Because The more than Gold Coin, Bitcoin price has dropped incredibly. But why this is happening from the beginning of 2018? What is the actual reason for this drop?
Share your opinions.
Why is today the worst day for Bitcoin holders? The coins went down much more than it did today so, it could be the worst time of the 365 period.Share your opinions.
February 01, 2018, 10:33:25 PM
I do not know the real reason why bitcoin prices drop this big. but I see a graph every year that every year the bitcoin price always comes back at the time of bitcoin prices in November of the previous year. perhaps this decrease is the cycle of bitcoin price movement. However, I think that the correction of the bitcoin price is now a virtue for the future of a digital asset such as bitcoin.
Most of the answer is dont know what really happen.
I also dont know what happen but as i know, bitcoin and other crypto is volatile so the run up and down is normal.
This huge correction maybe because panic sell. The first correction make people sell their asset and continue till panic sell.
February 01, 2018, 10:31:07 PM
Today is the worst day for every cryptocurrency holders. Because The more than Gold Coin, Bitcoin price has dropped incredibly. But why this is happening from the beginning of 2018? What is the actual reason for this drop?
Share your opinions.
Share your opinions.
It is the worst day for those who bought it when the price of bitcoin is in its peak but for those who bought it early or mid last year the price is just returning to its stable price. The reason maybe is that some governments try to ban bitcoin exchanges which will really hurt the demand of bitcoin.
February 01, 2018, 10:14:46 PM
Yep. I'm thinking to buy a little bit more btc. Price is sweet now. Don't be panic, it will rise up sooner or later. One thing for sure the price is not stable and depends too much on good/bad news.
February 01, 2018, 10:11:25 PM
Today is the worst day for every cryptocurrency holders. Because The more than Gold Coin, Bitcoin price has dropped incredibly. But why this is happening from the beginning of 2018? What is the actual reason for this drop?
Share your opinions.
Share your opinions.
It's not the "worst day"!!!
We're merely at the point where we were in November, about 8 weeks ago. December was weird and unusual, it went up too fast and and we're merely back where we were, following the channel upwards.
It's not a tragedy, apart from those few souls who bought in December, who number less than 1% of bitcoin holders.
Correct!. This time last year I had a Bitcoin that was worth so little that I could maybe fly to a tropical island and spend 2 weeks there for that value. This year I could take my whole family for a month long holidays at that same spot and still have some money left. Don't be to greedy, be happy that you're gaining something every year and hold your coins because next year you're going to have even more.
February 01, 2018, 10:10:03 PM
I think some whales are cleaning up some worthless Altcoin. The price of bitcoin drops. Many cryptocurrencies go down. Some Altcoin with no technical and potential will disappear directly because of this drop, which is more beneficial to the market vitality. My guess.
February 01, 2018, 10:01:09 PM
Today is the worst day for every cryptocurrency holders. Because The more than Gold Coin, Bitcoin price has dropped incredibly. But why this is happening from the beginning of 2018? What is the actual reason for this drop?
Share your opinions.
Share your opinions.
For me i called this event as the ultimate correction due to the huge bitcoin value decreases which include altcoins too. This is an ultimate one because this is will going to be part of the crypto currencies history which is the most brutal that it can make some coins to disappear in the market specially if their coins owners are did nothing to protect their coins.
February 01, 2018, 10:00:47 PM
These type of drops happens yearly. People are cashing out to realize their profit. Bitcoin has not gone down more than it was on the same day last year. This happens yearly. You need to understand crypto psychology.
February 01, 2018, 09:56:42 PM
Today is the worst day for every cryptocurrency holders. Because The more than Gold Coin, Bitcoin price has dropped incredibly. But why this is happening from the beginning of 2018? What is the actual reason for this drop?
Share your opinions.
Share your opinions.
It's not the "worst day"!!!
We're merely at the point where we were in November, about 8 weeks ago. December was weird and unusual, it went up too fast and and we're merely back where we were, following the channel upwards.
It's not a tragedy, apart from those few souls who bought in December, who number less than 1% of bitcoin holders.
February 01, 2018, 09:56:26 PM
I think these declines may be affected by the news released by the government. Too many unfavorable news is directed at bitcoin, causing many people who hold bitcoin to panic, so they are selling bitcoin, and for the time being there are not many people Dare to buy directly, because too many people are watching.
February 01, 2018, 09:56:05 PM
I do not know the real reason why bitcoin prices drop this big. but I see a graph every year that every year the bitcoin price always comes back at the time of bitcoin prices in November of the previous year. perhaps this decrease is the cycle of bitcoin price movement. However, I think that the correction of the bitcoin price is now a virtue for the future of a digital asset such as bitcoin.
The real reason bitcoin prices deacresed in earlier this year is the number of investors who sell their bitcoins (they use panic sell) because of government decisions and some companies that do not accept bitcoin. The latest news circulating in various media is government of India bans bitcoin, and then facebook prohibits promoting everything about the world of crypto or ICO. I feel this is why bitcoin price deacresed.
February 01, 2018, 09:54:30 PM
The price is dropping because of manipulation.I have seen on bitstamp bots working to drop the price, when the market ticks up on peoples purchases there is a bot that sell small amount like .0012 coins this keeps the price from moving up and stops the uptick as they call it, it keeps the price from growing, we just have to wait for the mafia or whales to stop blocking the price, when they are ready I guess
That's what Mt. Gox used to do to manipulate the price. Bots are constantly selling low amounts to produce red candles on the chart and trigger other bots to make their move.
I wouldn't worry too much about the price. Those of you who bought Bitcoin because they wanted to have a deflationary currency that can't get stolen by the government have what they wanted and will hold. Those who bought just to make a quick profit and sell soon got fucked
February 01, 2018, 09:52:26 PM
I read on CNBC that The drop came after comments from India's minister of finance, Arun Jaitley, that raised concerns about increased regulation on cryptocurrencies in the country. Not sure though.
February 01, 2018, 09:51:50 PM
The SE Asian countries have gone back to fiat.
February 01, 2018, 09:50:11 PM
Indian Government has issued an outright ban on crypto currencies a few days ago.
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