What is the most influential factor that triggers bitcoin prices to fall down?

Dod Ong

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Quote from: chrmn27 on January 26, 2018, 12:00:08 PM

Bitcoin is very volatile. It goes up and down at no time. But I started to think what causes its values to go down. These past few days, its prices are notably lower that last year's values. Last year, I believe, during the first few months, its prices are likewise low. Do bitcoin prices go down every January to February? Does it have a logical association?

For me the most influential factor that can affect the bitcoin price fall down is the lack of new investors of bitcoin. The bitcoin need a new investors to recover, Also I think one of the reason why the bitcoin price are falling down is because of the demand of bitcoin continuously decreasing.

FlightyPouch

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Quote from: Thomas-s on September 27, 2018, 07:19:10 AM

The main factor in the fall in the price of bitcoin, is its demand the less people it comes the less it costs, and for this created this fall.

Well it is true, but it is not really the demand since the main reason is the movement of Bitcoin in the market. The more investors sold their Bitcoin in the market, the lower the price will get. But we don't need to worry since most of the investors took this opportunity to invest again on Bitcoin. It is great to invest on Bitcoin when the price is low and investors are taking advantage of it.

Keyboard PC

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I think that is the main influence and trigger why the price of bitcoin collapsed is the bad news that makes traders panic so the price collapses, if only the traders were not panic then the price would not collapse, these traders are still very difficult to control their emotions so it makes prices collapse like this.

spartanrules

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Now doubt that Bitcoin price is too volatile because of news, which is created by wales. So Bitcoin price is also manipulated and with such way some people with big money make more profit from the whole market. Also I think the ptice is falling because there is no any new technology behinf od Bitcoin.

Thomas-s

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The main factor in the fall in the price of bitcoin, is its demand the less people it comes the less it costs, and for this created this fall.

Layers318

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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.

Tervelatuk

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Quote from: Burogh on September 26, 2018, 08:30:28 PM

Bitcoin is main cryptocurrency in cryptomarket and bitcoin price movement must be affecting on altcoin price too. But bitcoin price right now still higher compare september on last year. It will recovery because many good news will come to cryptomarket

bitcoin price could influence investor psychology that hold altcoin too.if its price down, their confidence down too and maybe some of them are panic and selling all of assets.

Burogh

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COVIR.IO

Bitcoin is main cryptocurrency in cryptomarket and bitcoin price movement must be affecting on altcoin price too. But bitcoin price right now still higher compare september on last year. It will recovery because many good news will come to cryptomarket

ocid

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there is no precise time accuracy about when the bitcoin price will increase or decrease and of course all that will depend on market demand. and one of the factors that led to the fall in the price of bitcoin was from some negative news because it would trigger a decline in the interest of investors who would join the crypto world.

gamechangers

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Can we really mention one most influential factor that makes the price of bitcoin to fall? So many people have given several reasons. G20 summit, regulations, ban and prohibition, bitcoin ETF, demand and supply, manipulation etc. I think all or some of these are responsible.

hotBriX001

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In my opinion the most influential factor that triggers bitcoin prices to fall down is that such banning from other influenced countries due to its bad news that possibly scattered world wide. And also the presence of scams project that hurting great investors for their great losses due to this fraudulent affection.

nithanjaka

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It relies upon request and supply powers, otherwise known as the market powers. Things happening everywhere throughout the globe identified with bitcoin additionally help in deciding the elements. The cost is generally lower and is lessening a direct result of reasons like fates getting terminated, bits of gossip about South Korea restricting crypto trades. The only thing that is important is on how individuals responded to the economic situations and accordingly how they react to it. In the event that they freeze, they offer and in the event that they don't, they choose to settle on a more shrewd choice .

gandhe83

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Quote from: Zigzagkuy on July 29, 2018, 10:30:20 AM

Factors that affect the decrease of bitcoin is the number of requests. As more and more demand I think bitcoin prices will increase. That's just my opinion. And there are still many factors that affect bitcoin. All I know is that.

This influence only occurs in the fast investment group and the desire to get rich quick profits to sell off. If the number of people is large then most of the market, the market will be because it goes down. What we are worried about is that the big investors withdrew their capital out of the market, which is surely very disappointing. So smart investment and thinking for the general community will grow.

nazaididuan1

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The attitude of some superpowers to BTC can best affect the price of BTC!
Now the United States maintains a neutral attitude towards BTC. If the United States bans BTC, BTC may fall sharply!

Anyobsss

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Quote from: Ezenwanyi on July 29, 2018, 12:07:07 PM

The demand factor plays an important role in the bitcoin price.
So also government interventions and activities of the big players in the cryptocurrency space.

Yes, We can consider demand as one of major factors why bitcoin fall down but it can not cause bitcoin to drop that drastically. The drastic drop is just too unusual. There are large holders of bitcoin, Whales, Who manipulates the bitcoin price and they own 40 percent of the market.

orarider

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I think that elements influenced most strongly to bitcoin it is the provisions about the operation of it. Managers can have the biggest impact up the price of Bitcoin, and currencies other encoding, when that many countries or have deployed or are planning to put the coins into this framework. If the management regulations become too burdensome, they can have a negative impact on the use and value of the currency coding.

Ezenwanyi

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The demand factor plays an important role in the bitcoin price.
So also government interventions and activities of the big players in the cryptocurrency space.

Zigzagkuy

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Factors that affect the decrease of bitcoin is the number of requests. As more and more demand I think bitcoin prices will increase. That's just my opinion. And there are still many factors that affect bitcoin. All I know is that.

ngalamunan

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Quote from: bapetdik on July 29, 2018, 09:03:33 AM

I think the most influential factor is the negative news factor about bitcoin and also the least amount of demand for bitcoin. Perhaps that is very influential on the reduction of bitcoin prices. That's just my personal opinion. And I see a lot of different opinions on this thread.

not only that the factors that influence the development of bitcoin, but other factors that quite a lot, that is the factor of enthusiasts bitcoin and risks faced by enthusiasts

yohan09

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Quote from: psibenik on January 26, 2018, 02:16:35 PM

Prices crash faster than they rise. If people believe a piece of FUD is important, combined with how fast the price is falling, that only encourages people to unload faster, causing a much greater dip.

Another factor we have to take in to consideration when understanding bitcoin price movements are the so called hodler's. This investor's term - unique to cryptocurrency refers to people who prefer to hold onto their bitcoin rather than sell them. This means that no matter how low the price of the cryptocurrency goes, there is never likely to be a wholesale sell-off from all investors.

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