Topic: What is the Main Reason behind this Bitcoin Fall? - page 3. (Read 674 times)
My opinion is that bitcoin fell due to artificial and very fast price growth. In consequence of which he collapsed and recovered. But I'm sure he'll grow up again soon.
Thanks so much for this thread, I know more about it now.
There are many reasons for this bitcoin fall. Not only bitcoin, whole crypto market is falling down. One of the main reasons is cyber-attacks on crypto exchanges. Nowadays, there is huge increase of hacking activities on exchanges. The nearest attack is the attack on South Korea-based crypto currency exchange. Hackers have stolen over $40 million in tokens and altcoins.
The spreading of negative news have bad impact to bitcoin price. Once the people hook by negative news then their mind become unstable regarding bitcoin situation now and in the future. So normally bitcoin price will decrease due to investors less demand. That is my opinion.
Timing is everything here! As much as there were no major news, FUDs or speculations as regards the bitcoin dipping to this level again this year, the price can still bounce back. The second half of the year is about starting and we should expect some good news/bullish run if the market.
The whales are manipulating the market taking advantage of the panicked people.
I agree to you mate since bitcoin started to drop down again many people get panic and sell their bitcoin or satoshi which makes the whales happy and taking advantage of the people who are weak hands. Some also believe to the fraud news coming out that bitcoin is a scam.
The main reason is basically a lack of awareness and lack of knowledge among people. People have no knowledge about it and so they keep their distance from these type of cashless things.
I think there are Alot of people who has the coin but decided to sell it at any rate, yet bitcoin is still valuable
The reason behind this huge fall , I think it's because of the spreading of negative stuff about bitcoin and people might be dumping there coins in huge amount . well , there are many negative news spreading about cryptocurrency saying that it all started from bitcoin .
I think the reason behind this bitcoin fall is governments, large financial institutions and mainstream media spreading a lot of negativity. Because of them, bitcoin and other cryptocurrencies price have been dropping constantly over the past few months.
There are so many reason why bitcoin price was falling like the investors,they sell their token or they are panicking to sell it because they feel that the price of it will dump,and also the news about it either good or bad it will affect the price of bitcoin.
According to trading experts bitcoin prices have not reached the portal limit or line sketch increase so if bitcoin has not reached this portal bitcoin will continue to fall up and unstable but when bitcoin has reached the portal then according to bitcoin trading experts will skyrocket up to a value that is not in the know, can course highs this year could exceed the previous year and for predict when bitcoin peak I think as seen from bitcoin history then the end of the year is the peak of bitcoin price. Use this opportunity to invest and hold on to the end of the year to earn huge profits.
back to the original idea of fluctuating bitcoin, I think it's natural that bitcoin prices can rise and fall outside our judgment, the reasons for price changes may vary depending on individual judgment, which obviously bitcoin always gives surprises and whether we are in a favorable surprise or otherwise.
stop lamenting the price drop, do what you think is right and rest assured with the decision you made
stop lamenting the price drop, do what you think is right and rest assured with the decision you made
There are many long-term investors who are selling their Bitcoins to other currencies. For another, Bitcoin has risen to $ 1,400 and dropped to $ 220 by 2014 and again by the end of 2017. I trust the market will recover!
We should really trust bitcoin that it can recover because this is a kind of technology that we really need in the future. The price movement maybe the same pattern just like in the past year but I really think bitcoin will be much better this year.
It seems to me that the fall in prices will end when people who bought bitcoins until 2017 will sell their coins. All who bought their coins will keep them expensive and it will push the market to a new round of rising prices. Probably whales are now buying coins and in the future will dictate the conditions in the market.
I Never thought that I Have to see bitcoin is under 7K USD again in This year. Because we already did this about a couple of months ago! And now Repeat Bitcoin is under 7K USD! And the market trend says that Bitcoin can go under 6K USD too. But what is the actual reason behind this vast fall? I haven't seen any robust lousy news or anything like that, Then why bitcoin is continuously decreasing? My friends are laughing at me, who sold their bitcoin when it was 14K USD! That time I told them you guys are doing wrong, Hold your bitcoin, Bitcoin Price will rise again. And now I am regretting really 
Never lose hope my friend, because It dosen't mean that bitcoin can not recover this situations the price dropping in a very low value in the market. Just apply your pleasured time bieng patience and calm down. It's better to hold your bitcoin as of now.. and wait. Because the time will come that the price value of bitcoin in the market is rise up again to the highest level.
The whales are manipulating the market taking advantage of the panicked people.
There is no main reason why the market is falling again but I also believe that whales are part of this correction. They are really taking advantage this current market situation and sadly those newbies are suffering from a big loss. I wish for market to recover easily after this.
The whales are manipulating the market taking advantage of the panicked people.
Big decline of Bitcoin nowadays must be because there are parties who manipulate the price, it is not possible the price fell too deep in a short time, if there is no particular party who commits a crime. I hate this, hopefully Price can be recovered as soon as possible.
There are many long-term investors who are selling their Bitcoins to other currencies. For another, Bitcoin has risen to $ 1,400 and dropped to $ 220 by 2014 and again by the end of 2017. I trust the market will recover!
Things will get better for us if we wait patiently for the increase of bitcoin. I think that the main reason why bitcoin price falling is because it is volatile, and its normal. All investments are going ups and downs, but if you have patiently waiting for its time, you'll succeed. I suggest that hold our bitcoin until the price increase, for us to earn bigger profit. Just trust the process. The fall of Bitcoin is frustrating to me, I made a very big mistake I should have sold mine when btc was around $12000 but was tipped by a friend to hodl that it will soon cross $25000 and here I find myself I don't know what to do again I guess I will continue to hodl until it bounces back.
Just hold your bitcoin and dont give up, we were just in the middle of the year, there are more things to come on bitcoin. This crisis also happened in the past, but see, bitcoin survives and goes boom at the end of the year. Dont lose hope on bitcoin, bitcoin is volatile, its normal on bitcoin to decrease, it will soon increase too, just trust the process and wait patiently. Jump to: